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 Post subject: July 14th Thursday - Futures, Forex, Stocks and ETF
 Post Posted: Fri Jul 15, 2016 11:15 am 
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Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
Location: Canada
Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
Free Chat Room: http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164
Business Hours: 8am - 5pm est (Mon - Fri)
wrbanalysis@gmail.com (24/7)
http://twitter.com/wrbtrader (24/7)

##TheStrategyLab (located on the Freenode IRC network) is free along with being a serious professional trading chat room for traders using WRB Analysis (e.g. Contracting Volatility, WRBs, WRB Hidden GAPs, WRB Zone, WRB/WRB Hidden GAP profit targets, Key Market Events, Reaction Highs/Lows, Expanding Volatility, WRB Zone, R area of WRB Zone, S area of WRB Zone) by itself or merged with other trade methods to improve the performance of those other trade methods regardless if you're a position trader, swing trader or day trader. Therefore, you're welcome to use the chat room to ask questions about WRB Analysis, post real-time price action trading analysis involving WRB Analysis merged with your own trade methods, post real-time trades or talk about general market issues impacting today's price action involving stocks, futures, exchange traded funds or forex currencies. In addition, we welcome all traders (beginners, experience, part-time, full-time) that are merging WRB Analysis with their trade methods or using WRB Analysis to help develop a better understanding of the price action (market context) they're trading.

##TheStrategyLab Chat Room Review - Our chat room is is primarily designed for you to use as a trade journal of your WRB Analysis or real-time trades with time stamp archive....giving you a better understanding of your broker statements from one trade to the next trade when you review your performance numbers on any given trading day in the past. Therefore, if you use our chat room...its highly recommended you post messages that reflect what you see in the price action on your monitors so that the chat room becomes your diary to correlate with your broker statements. Therefore, the usefulness of ##TheStrategyLab chat room is determined via your participation in the chat room.

Yet, you're not require to use the free chat room as a trade journal to get help with your trading. Instead, as recommended by some users of WRB Analysis, you can use professional journal services such as tradervue, edgewonk, tradebench or tradingdiarypro for your statistical analysis in combo with our chat room or your private thread to discuss with us the statistical analysis of your trading so that we can help you to improve your use of WRB Analysis. Therefore, you have many choices. You can use our chat room (you maintain your own statistics) as a trade journal or you can use professional trade journal services to do the work for you.

Also, ##TheStrategyLab free chat room is not designed to be educational because the education is in the WRB Analysis free study guide. Simply, members using the chat room are not there to mentor you because we do not offer a mentoring service to teach you how to trade. Yet, if you want ##TheStrategyLab chat room to be educational or more active in discussing whatever it is that you're trading, we highly recommend that you ask trading related questions about your own trading instead of lurking (not saying anything) because your primary purpose is to improve your trading if you're a struggling trader. Therefore, don't join ##TheStrategyLab and then be silent. To be silent while using ##TheStrategyLab chat room, you'll be wasting a collaboration opportunity for improving your trading and doing such will make ##TheStrategyLab chat room useless to you.

Quote:
The chat room is only for traders learning or applying concepts of WRB Analysis. In addition, traders that use ##TheStrategyLab are required to post either one WRB Analysis price action commentary involving any key concept from the free study guide, one real-time trade or one general trading related commentary per day they log-in to the chat room. Yet, if the trader decides to post real-time trades (simulator or real-money)...the trades must be clear (not ambiguous) entry price/exit price and position size. Traders that consistently log-in and not post any price action commentary involving WRB Analysis or post ambiguous trades will be KICKED (removed) from the chat room.

With that said, thanks for reviewing (reading) the trades, price action analysis or market commentaries that's below and we highly recommend you make reading of the logs a part of your trading routine because you will sometimes find useful market context information that's critical to understanding price action trading. To qualify for access to our free ##TheStrategyLab chat room that's located on the Freenode IRC network...please follow the instructions at the TSL Support Forum @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164

##TheStrategyLab Archive Chat Logs

Attachment:
071416-Key-Price-Action-Markets.png
071416-Key-Price-Action-Markets.png [ 1.14 MiB | Viewed 232 times ]

click on the above image to view today's price action of key markets

Session Start: Thu Jul 14 09:34:47 2016
Session Ident: ##TheStrategyLab
[09:34:47] * Now talking in ##TheStrategyLab
[09:34:47] * Topic is 'Chat room for traders that are using concepts from WRB Analysis to help improve their entry signals, initial stop/loss management, profitable trail stops or profit targets. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... 119&t=718'
[09:34:47] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:34:49] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:43:17] <lightenup1> Long YM 18400
[09:44:00] <wrbtrader> Shorts Emini ES @ 2157.25 -> large size
[09:44:13] <wrbtrader> 20 contracts
[09:44:38] <wrbtrader> another regular session Up gap at the open :(
[09:45:12] <wrbtrader> Its starting to become scary in the regular trading session now after those types of Up gaps
[09:45:27] <lightenup1> Flat YM 18397 -3
[09:46:27] <wrbtrader> Covered 1/2 Emini ES Short @ 2155.75 --> + 1.5
[09:46:39] <wrbtrader> WRB pt1 reached
[09:47:44] <wrbtrader> Covered all Emini ES Short @ 2156.75 --> + 0.5
[09:48:50] <wrbtrader> Shorts Emini ES @ 2157.00 -> large size
[09:48:58] <wrbtrader> re-entry
[09:49:04] <wrbtrader> 20 contracts
[09:51:25] <wrbtrader> Emini ES futures trying to find support @ 0700am est KME price reaction area
[09:53:33] <irza> gm
[09:58:46] <wrbtrader> Covered all Emini ES Short @ 2158.75 --> - 1.75
[09:59:27] <wrbtrader> I've been getting bounced out of a lot of trades in that -1.50 to -2.00 area to only watch it reverse back down
[10:00:16] <wrbtrader> Shorts Emini ES @ 2159.00 -> large size
[10:00:24] <wrbtrader> re-entry
[10:01:00] <wrbtrader> Covered all Emini ES Short @ 2159.50 --> - 0.5
[10:03:34] <wrbtrader> Long Emini ES @ 2160.75 -> large size
[10:03:50] <wrbtrader> 20 contracts
[10:07:04] <wrbtrader> Exited all Emini ES Long @ 2161.75 --> + 1
[10:07:06] <Tigerman____> Iwm seems behind others
[10:07:12] <Tigerman____> is weak today
[10:07:24] <wrbtrader> Emini ES futures has returned to the 0830am est KME price reaction area
[10:07:58] <wrbtrader> Its now used the 0700am est KME as a support and the 0830am est KME as a resistance
[10:08:24] <Tigerman____> yeah bouncinfg around that levels
[10:08:41] <Tigerman____> overall volatility is still low today
[10:14:41] <wrbtrader> Long Emini ES @ 2161.50 -> large size
[10:15:02] <wrbtrader> re-entry
[10:15:05] <wrbtrader> 10 contracts
[10:15:42] <wrbtrader> volatility slowly declining
[10:16:06] <wrbtrader> Exited all Emini ES Long @ 2161.50 --> 0
[10:19:25] <wrbtrader> Long Emini ES @ 2159.75 -> large size
[10:19:34] <wrbtrader> re-entry
[10:19:39] <wrbtrader> 20 contracts
[10:23:51] <wrbtrader> I have not seen any algorithm volatility spikes today so far
[10:25:40] <wrbtrader> Exited all Emini ES Long @ 2161.25 --> + 1.5
[10:31:26] <TradeSnake______> Algo's are on summer vacation... hehe
[10:33:52] <wrbtrader> They are always there...just waiting to jump out from behind the door to "sucker punch" us.
[10:34:22] <Tigerman____> yeah I monitor now deep the quotes
[10:34:34] <Tigerman____> they are there as ghost
[10:34:49] <Tigerman____> front running everything
[10:48:25] <Tigerman____> this month a lot talking about spoofing
[10:48:37] <Tigerman____> on bloomberg
[10:49:07] <Tigerman____> they blame small retailers and firms
[10:49:28] <Tigerman____> no act against big firms
[10:59:09] <irza> Shorts Emini ES @ 2159
[11:05:03] <irza> Covered all Emini ES Short @ 60.25 --> + 2098.75
[11:05:08] <winmax60> long es@2159.75
[11:05:17] <irza> Covered all Emini ES Short @ 2160.25 --> - 1.25
[11:06:24] <Tigerman____> sh dax min @ 10073
[11:08:24] <Tigerman____> exit all @ 72 +1t
[11:10:47] <winmax60> exit @2161.75 +2
[11:12:13] <wrbtrader> volatility miserable again @ 13.02
[11:12:25] <wrbtrader> in reference to the VIX
[11:33:06] <TradeSnake______> Short YM @ 18436
[11:42:01] <TradeSnake______> Covered YM @ 18435 --> +11
[11:42:36] <TradeSnake______> Correction @ 18425 --> +11
[11:49:26] <wrbtrader> key words - wrbtrader bigMikes futures.io
[11:50:39] <wrbtrader> Reminder - Many traders have posted WRB and WRB Hidden GAPs indicators at forums like futures.io (formerly known as BigMikes) and many other online locations such as blogs and other forums
[11:51:15] <wrbtrader> I do not support these indicators nor do I know the merits of their usefulness
[11:51:31] <wrbtrader> Those that create them and those that use them are using them at their own RISK
[11:52:22] <wrbtrader> Unfortunately, there's some idiots out there that think I designed them and when they don't work for them...they've been announcing "its confusing" or "it doesn't work"...then putting the blame on me
[11:52:45] <wrbtrader> I do not use WRB indicators (programs, coding)
[11:52:59] <wrbtrader> I do not design programs and coding
[11:53:27] <wrbtrader> Users are doing such and I do not know how accurate they are in their identification of WRB Analysis
[11:53:52] <wrbtrader> Everything I do via WRB Analysis is visually
[11:54:04] <wrbtrader> no coding
[11:54:21] <Tigerman____> yeah WRB analysis and single WRB identification is another thing
[11:54:42] <wrbtrader> Actually, they're doing both
[11:55:08] <wrbtrader> I've seen WRB Analysis coding out there and I've seen just single WRB identification
[11:55:19] <Tigerman____> simply just a WRB candle indicator is usefull but not compensate for overall poor analysis
[11:55:55] <Tigerman____> further there is the context issue :)
[11:56:21] <wrbtrader> I don't know how they're getting around the "market context" issue...
[11:56:23] <Tigerman____> then is the strenght of the market at that time
[11:56:36] <wrbtrader> Maybe that's why its so confusing to those using those indicators
[11:56:45] <Tigerman____> wrbtrader I suspect they dont :(
[11:57:41] <Tigerman____> my opinion is coding can work only with special privilege eviroment
[11:58:10] <wrbtrader> I thought I'll make an announcement abouot such after I got an email complaint by someone not even register at the forum that stated the indicator is "too confusing"
[11:58:52] <Tigerman____> ooohhh
[12:00:11] <Tigerman____> if a single or multiple indicator work as is I ll became billioners really :)
[12:02:01] <wrbtrader> I told him I don't design indicators and he needs to have a conversation with the person that designed it...it was something for multicharts software
[12:10:01] <wrbtrader> In another email...
[12:10:24] <wrbtrader> someone asks me why I'm a vendor if I'm a profitable trader
[12:10:40] <wrbtrader> I sent him a link to my "freqent ask questions"
[12:11:16] <wrbtrader> I'll give an explanation here in today's log for those visitors that read the logs or do a Google search
[12:11:29] <wrbtrader> key words: thestrategylab, wrbtrader, vendor
[12:12:50] <wrbtrader> Explanation - I'm not the lone wolf type of trader. I strongly believe in collaboration while trading. In addition, its IMPOSSIBLE for me to see everything that's going on in the markets that's having an impact on my trades or analysis
[12:13:16] <wrbtrader> This is where other eyes comes into play that understand a little about WRB Analysis
[12:13:39] <wrbtrader> They will say things I've forgotten or just didn't notice and that's a great advantage
[12:14:03] <wrbtrader> I estimate about 10% of my profits is due to the collaboration
[12:14:35] <wrbtrader> A long time ago this stuff was ALL free until some decided to pretend it was theirs and give me no recognition
[12:15:20] <wrbtrader> I fixed that via making some of it fee-base and publicly stamping my name on it along with documentation I'm the designer of WRB Analysis
[12:16:38] <wrbtrader> The website only makes a few thousand per year...nothing more but it can easily make a lot more if I really wanted to manage it properly
[12:18:17] <wrbtrader> My kids are starting to get other and I can now soon begin to travel with them during the summers
[12:18:56] <wrbtrader> Any member that's a fee base client and I meet them in those travels...if I decide to mentor or trade with them during the summer...
[12:19:13] <wrbtrader> Its free...no charge. All I want is collaboration
[12:20:01] <winmax60> sounds good to me... ;-)
[12:20:31] <wrbtrader> Another email...
[12:20:54] <wrbtrader> Why do you change your username from NihabaAshi to wrbtrader
[12:20:58] <wrbtrader> ?
[12:21:27] <wrbtrader> key words: NihabaAshi, wrbtrader, forum, martial arts, Japanese Candlesticks
[12:21:56] <wrbtrader> NihabaAshi is a martial arts and Japanese Candlestick pattern term
[12:22:49] <wrbtrader> Nihaba means footprints in Japanese while Ashi is a martial arts term
[12:23:45] <wrbtrader> The name change occurred after a bunch of racist became offended after 911 and accused me of being Muslim or black that supported Muslims.
[12:24:10] <winmax60> OMG.....
[12:24:37] <TradeSnake______> Short GC @ 1329.5
[12:26:03] <wrbtrader> I'm very private and you can take a guess on your own about my ethnicity. Hints...I'm catholic and from a strong catholic heritage
[12:26:32] <wrbtrader> born in France
[12:26:45] <winmax60> ;-)
[12:28:07] <wrbtrader> I don't mind people trying to guess what my ethnicity is but I'm confused by why some think its important to them and why they need to make guesses or commentary about it...
[12:28:35] <wrbtrader> When the real issue is that they don't like it when I refuse to play their "blame a vendor" game
[12:29:11] <wrbtrader> Besides...wrbtrader relates better to WRB Analysis than NihabaAshi :)
[12:29:13] <winmax60> :-(
[12:29:38] <Tigerman____> wrbtrader.... full of losers people outhere :(
[12:30:07] <Tigerman____> they blame anything
[12:31:14] <Tigerman____> Trading site need a big disclaimer : Trading is not for everyone most fail before start :)
[12:31:37] <wrbtrader> Good point Tigerman...
[12:33:02] <wrbtrader> I've been putting in a lot of effort the past few years into behavior finance, cognitive decision making and psychology...
[12:33:31] <wrbtrader> Just learning as much as possible about such
[12:33:53] <wrbtrader> Its also a fast growing area on Wall Street and London Financial district
[12:34:19] <wrbtrader> Many of the worlds top firms are hiring in these areas to help their traders
[12:34:56] <wrbtrader> Even the TV series show "Billionaire" has a psychologist as a coach at the firm
[12:35:07] <Tigerman____> yeah trading is similar top elite sport players
[12:35:36] <Tigerman____> you know I play and follow Tennis, seems similar with trading
[12:35:56] <Tigerman____> you lose mental game you out
[12:36:43] <Tigerman____> no matters how talented you are in forhand backhand and so on
[12:37:10] <wrbtrader> I've been reading lately at different forums about traders getting involved recently with trading...
[12:38:28] <wrbtrader> They take out high interest loans like > 20%, second mortgage on their homes, quit their jobs without any consistent success, high debt, no health/medical/dental insurance and so on...
[12:38:44] <wrbtrader> That's too much pressure to have as a trader out of the gate
[12:38:58] <wrbtrader> They have dramatically increased their chance for failure
[12:39:26] <wrbtrader> Then again...that's the evilness of money
[12:39:37] <wrbtrader> Its what makes the world go around
[12:40:34] <wrbtrader> The month of January was my biggest trading month and it was an eye opener
[12:40:51] <wrbtrader> Its also a market tendency month involving high volatility
[12:41:15] <wrbtrader> It makes me wonder what if I only traded the high volatility months in a year
[12:41:30] <wrbtrader> Thus, I only traded 2 - 3 months per year
[12:41:53] <irza> so trade when VIX is above a certain level?
[12:41:58] <wrbtrader> Yes
[12:42:05] <irza> like 20??
[12:42:10] <wrbtrader> Yes
[12:42:23] <irza> ya makes sense
[12:42:31] <Tigerman____> and It moves at a particular pace
[12:42:46] <wrbtrader> Last year I met a few private traders that do just that.
[12:42:57] <wrbtrader> They only trade when the VIX is very high
[12:43:18] <wrbtrader> easy to do when your retired :)
[12:43:33] <irza> yea
[12:43:50] <irza> i got bills to pay lol
[12:44:09] <wrbtrader> Need to be financially ready to do such when you're not retired and you become dependent upon those weeks each year.
[12:44:23] <wrbtrader> Miss a few of those weeks...you're financially in trouble
[12:44:54] <wrbtrader> Forcing you to trade when the VIX is back to its mean because it always reverts back to the mean
[12:45:38] <Tigerman____> yeah only it needs be really confident as a trader to trade Big in those High vola periods
[12:45:54] <wrbtrader> Exactly
[12:46:16] <wrbtrader> There was a former banker in here by the name of AMP
[12:46:31] <Tigerman____> in hindsight Brexit was the biggest day for trading
[12:46:32] <wrbtrader> He only traded the high volatility stuff...
[12:47:02] <wrbtrader> The guy was doing 50 to 100 contract Emini ES futures trades
[12:47:40] <wrbtrader> I remember someone (one of the idiots) from the chat room challenge him
[12:48:22] <wrbtrader> He eventually gave in and posted the current trade statements with transaction IDs for the trades he posted here in the chat room
[12:48:30] <wrbtrader> The guy wasn't joking...
[12:48:40] <wrbtrader> Then he just disappeared after that :(
[12:49:34] <wrbtrader> Psychologically, I could never manage trades like that.
[12:50:16] <wrbtrader> It would cause my hair to fall out just watching the profit/loss screen change by thousand of dollars every minute
[12:50:58] <Tigerman____> no watching it :)
[12:51:16] <wrbtrader> Yeah, but you know its there and its changing :(
[12:51:29] <wrbtrader> changing in the thousands
[12:52:00] <Tigerman____> yeah we have to use Rocky way "it no hurts no hurts " :)
[12:52:24] <wrbtrader> There's a Youtube video about a private trader in Chicago...
[12:53:01] <wrbtrader> He had this incredible basement office and a few other traders working in the office
[12:53:29] <wrbtrader> He was giving this interview while having a 70 contract Emini ES position
[12:53:39] <wrbtrader> and with his broker platform in view
[12:54:03] <wrbtrader> You can see the numbers changing so fast during one of those volatility spikes and sudden retracement...
[12:54:13] <wrbtrader> The guy didn't even break a sweat
[12:54:49] <wrbtrader> That's the type of "psychological" stuff I want to learn more about
[12:55:15] <wrbtrader> That FEAR and GREED stuff that impacts our trade decisions
[12:55:20] <Tigerman____> ok you can learn from me
[12:55:45] <irza> feels like you want to increase your sizing from 20 to 50/100 cars, just like us trying to move from 2-3 cars to where you are at lol
[12:55:48] <wrbtrader> I know you can't learn from me if you were in my office...
[12:56:10] <Tigerman____> what MATTERS for me is the ability to be profitable overall
[12:56:13] <wrbtrader> You'll spend most of your time asking me why I'm bending my keyboard and using profanity
[12:56:23] <Tigerman____> :))
[12:56:45] <wrbtrader> I discover that keyboards don't bend to well...
[12:56:52] <wrbtrader> They eventually break :)
[12:56:52] <Tigerman____> I recall you are a keyboard terminator
[12:57:09] <wrbtrader> sort'uv like a pencil
[12:57:45] <Tigerman____> what I m interested is my ability to trade right and be in gain in long run
[12:57:58] <TradeSnake______> Covered GC @ 1330.5 --> -1.0
[12:58:29] <Tigerman____> some frends of mine started trading after see me
[12:59:00] <Tigerman____> simply his hands start swet as hell
[12:59:12] <Tigerman____> trembling and all sort of things
[12:59:17] <TradeSnake______> Volatity spike up in GC
[12:59:41] <Tigerman____> left trading at the end
[13:00:52] <Tigerman____> trading is difficult ... using BIG size is harder :)
[13:07:39] <Tigerman____> thanks wrbtrader for the nice talk take care all see next time
[13:22:37] <wrbtrader> Shorts Emini ES @ 2153.25 -> large size
[13:22:54] <wrbtrader> 10 contracts

Session Start: Thu Jul 14 13:33:02 2016
Session Ident: ##TheStrategyLab
[13:33:03] * Now talking in ##TheStrategyLab
[13:33:03] * Topic is 'Chat room for traders that are using concepts from WRB Analysis to help improve their entry signals, initial stop/loss management, profitable trail stops or profit targets. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... 119&t=718'
[13:33:03] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[13:33:08] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[13:33:40] <wrbtrader> sorry about the disconnection...
[13:33:56] <wrbtrader> Major power outage and then back on again
[13:34:09] <wrbtrader> Bad weather here...big thunderstorms
[13:34:14] <wrbtrader> out of nowhere
[13:34:43] <wrbtrader> also very humid...it was suppose to thunderstorm yesterday but it did not
[13:35:56] <wrbtrader> Exited all Emini ES Long @ 2154.50 --> + 8.5
[13:36:26] <wrbtrader> correction...
[13:36:43] <wrbtrader> -1.25
[13:37:09] <wrbtrader> auto script couldn't remember my last trade entry
[13:37:55] <wrbtrader> Must have been the lightning strike :(
[13:46:52] <wrbtrader> I may need to do a reboot of my entire network...some programs not working properly
[13:49:33] <winmax60> wow...i wonder how many computers are running... ;-)
[13:55:01] <winmax60> short es@2154.25
[13:58:32] <wrbtrader> 4 wired in the house...not counting iPad stuff
[13:58:52] <wrbtrader> plus two laptops
[13:59:10] <wrbtrader> 2 trading computers and one trading laptop
[13:59:23] <wrbtrader> Everything else is just personal use
[14:00:51] <winmax60> wow...big setup... impressive...
[14:01:12] <winmax60> exit @2154.25 -0.5 ;-(
[15:11:26] * Disconnected
Session Close: Thu Jul 14 15:11:28 2016

Session Start: Thu Jul 14 15:29:47 2016
Session Ident: ##TheStrategyLab
[15:29:48] * Now talking in ##TheStrategyLab
[15:29:48] * Topic is 'Chat room for traders that are using concepts from WRB Analysis to help improve their entry signals, initial stop/loss management, profitable trail stops or profit targets. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... 119&t=718'
[15:29:48] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[15:29:50] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[15:30:51] <wrbtrader> Storm passed through town...
[15:31:06] <wrbtrader> missed a few trade opportunities but I'm reading now
[15:43:23] <wrbtrader> WRB Analysis -> - Your use of this chat room implies you're using concepts from WRB Analysis for price action trading to help trade either Stocks, Emini Futures (EMD, TF, ES, NQ, YM), EuroFX 6E Futures, Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40, BUND), Treasury Futures (ZF, ZN, ZB), Oil Futures (Brent, CL, HO, QM), Gold GC Futures, Natural Gas NG Futures, Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY), Hang Seng HSI Futures, NIFTY Futures, Forex Currencies (GbpUsd, EurUsd, EurYen, UsdCad) and other key market price actions.
[15:43:51] <wrbtrader> Twitter @ https://twitter.com/wrbtrader/
[15:44:07] <wrbtrader> Stocktwits @ http://stocktwits.com/wrbtrader
[15:44:44] <wrbtrader> I mainly use my stocktwits and twitter accounts for private discussions but soon I'm going to start back to making public WRB Analysis commentary
[15:48:45] <wrbtrader> Long Emini ES @ 2158.50 -> large size
[15:48:53] <wrbtrader> 20 contracts
[15:49:22] <mtntrader____> I follow you on Twitter, but haven't seen a post in a very long time.
[15:52:03] <wrbtrader> Yep...I want to fix that
[15:53:34] <wrbtrader> VIX dropped down to 12.82
[15:54:11] <wrbtrader> must have occur during the brief blackout from the storm here because I should have notice that
[15:55:56] <wrbtrader> Exited all Emini ES Long @ 2158.50 --> 0
[15:59:27] <wrbtrader> Shorts Emini ES @ 2157.75 -> large size
[15:59:42] <wrbtrader> 20 contracts
[16:02:32] <wrbtrader> Covered 1/2 Emini ES Short @ 2155.75 --> + 2
[16:03:37] <wrbtrader> snapback Down then snapback Up
[16:04:08] <wrbtrader> Covered Remainder Emini ES Short @ 2157.00 --> + 0.75
[16:05:44] <wrbtrader> Yesterday I was on the other side of one of these snapback price action
[16:06:03] <mtntrader____> Decent rush hour trade today.
[16:06:19] <wrbtrader> overall today...nothing new
[16:06:48] <wrbtrader> Same type of "Up Gap" at the open and then tough or boring trading regular session
[16:07:00] <mtntrader____> Yep
[16:07:36] <wrbtrader> I think this is like 4 consecutive trading days as such
[16:07:54] <wrbtrader> key words: thestrategylab, gap trading, review
[16:08:10] <wrbtrader> Beware of the gap...
[16:08:31] <wrbtrader> Its been making it difficult for us day traders
[16:08:47] <wrbtrader> Great for swing traders if swinging to the bullish side
[16:09:27] <wrbtrader> Meant 5 consecutive Up Gap trading days at the opening bell
[16:09:33] <wrbtrader> for the Emini futures
[16:09:58] <wrbtrader> Take care all and see all tomorrow
[16:15:35] * Disconnected
Session Close: Thu Jul 14 16:15:36 2016

-------------------------

##TheStrategyLab (located on the Freenode IRC network) is free and is a serious professional trading chat room involving WRB Analysis in which any trader (position trading, swing trading, day trading) can use the chat room to post their trades or commentaries about stocks, futures, exchange traded funds or forex currencies. Simply, you don't need to be a client of TheStrategyLab.com to use the chat room nor do you need to be a price action trader (no indicators) because some members use indicators while others do not. Yet, the only requirement is that you want to learn WRB Analysis.

Therefore, we welcome all traders that want to learn about WRB Analysis regardless if they are beginners or experience traders in price action trading.

The purpose of ##TheStrategyLab is that it's designed to be a trade journal for documentation purposes only so that members can have a time stamp archive of trades and market commentaries of each trading day so that they can better understand their broker statements from one trade to the next trade when they review their performance numbers on any given trading day.

Further, members are not obligated to educate nor help other members but members are encourage to ask questions about any trades or market commentaries that's posted by others because sometimes the answers contains useful trading tips.

In addition, our primary job in the free chat room is to moderate the room (keep the peace) because with so many members using different trade signal methods along with different opinions about the market...debates or arguments can easily flare up without moderating. In addition, our presence in the chat room is to ensure it's a spam free chat room during trading although these archived chat logs may contain advertisements for guest visitors.

Commonly discussed trading instruments from stocks, futures, exchange traded funds and forex currencies:

Image CME Emini Futures EMD, ES and NQ

Image ICE Emini TF Futures (formerly CME ER2)

Image CBOT mini-sized Dow Futures YM

Image Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

Image Eurex Fixed Income Derivatives (futures) BUND, BOBL and Schatz

Image Euronext Futures FTSE-100 and CAC-40

Image CME Futures EuroFX 6E and EC

Image Treasury Futures T-Notes ZT, ZN, ZF and T-Bonds ZB

Image Forex Currencies Gbp/Usd, Eur/Usd, Eur/Yen, Usd/Cad, Xau/Usd and Xag/Usd

Image Exchange Traded Funds VXX, DIA, IWM, QQQ, SPY, BGU, FAS, FAZ, TNA, OIH, XLE and GLD

Image NYMEX Energy Futures Light Crude Oil CL, Brent Crude Oil BRN, e-miNY QM and Natural Gas NG

Image COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI

Image S&P CNX NIFTY Futures

Image Hang Seng Index Futures HSI and mini-Hang Seng MHI

Also, to prevent the usual mix-up about our different chat rooms, most of our fee-base clients do not use chat rooms just like most retail traders do not use chat rooms. Yet, the few clients that do use chat rooms, our fee-base clients are discussing market analysis or price action only trade signals via concepts from our strategies in the private chat rooms called ##VolatilityTradingTSL or ##WRB_Analysis and they're not allowed to do such in ##TheStrategyLab.

Reminder, our Terms of Use (TOU) Policy is a must read to prevent any misunderstandings along with revealing that ##TheStrategyLab is a serious professional price action trading chat room and we expect members to act professional. Also, these logs may have been edited (rarely) to remove any messages that a member has complained to me via private message that they consider a particular commentary to be inappropriate, offending or too far in the off topic area that's a distraction when the commentary was posted.

Note: chat logs saved (timestamp) from Québec, Canada in eastern daylight time

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body/wide range bar analysis)
Price Action Trading
Image@ http://twitter.com/wrbtrader or http://stocktwits.com/wrbtrader

Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
wrbanalysis@gmail.com


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