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 Post subject: August 1st Monday - Futures, Forex, Stocks and ETF
 Post Posted: Fri Aug 05, 2016 6:58 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 your 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 - This is not a signal calling trading room. We have no interest in trading rooms where a head trader tells other traders when to buy and sell. This chat room is free and many years ago it was started by users of WRB Analysis. Our job is to moderate (keep the peace between members) the chat room and to answer any questions involving WRB Analysis. The purpose of the chat room is 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 the 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. Thus, 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, do not attempt to use our chat room as a signal calling trade room via trying to mimic (copy) trades posted by members. If you do such, you will be KICKED from the chat room without warning. In fact, most of the negative commentary about TheStrategyLab website is by traders we've removed from the free chat room, removed the forum or removed from the website for violating our terms of use policy.

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:
080116-Key-Price-Action-Markets.png
080116-Key-Price-Action-Markets.png [ 1.15 MiB | Viewed 237 times ]

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

Session Start: Mon Aug 01 09:34:16 2016
Session Ident: ##TheStrategyLab
[09:34:16] * Now talking in ##TheStrategyLab
[09:34:16] * 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'
[09:34:16] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:34:16] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:36:22] <efloortrader7> gm everyone
[09:42:08] <werner> gm all
[09:53:12] <wrbtrader> Good morning all
[09:59:59] <wrbtrader> testing 123
[10:00:21] <mtntrader____> Morning wrbtrader
[10:00:28] <wrbtrader> Anyone able to see my message "testing 123" ?
[10:00:41] <mtntrader____> Yep
[10:00:58] <wrbtrader> strange
[10:01:20] <werner> yes
[10:01:25] <wrbtrader> I can't get any data from my broker, charting or browsers...
[10:01:35] <wrbtrader> Yet, I can post messages on IRC
[10:01:52] <irza> yep i see them
[10:06:48] <werner> Long Emini NQ @ 4737.00
[10:07:01] <werner> Exited all Emini NQ Long @ 4738.75 --> + 1.75
[10:08:24] <werner> if i trade for a smal target ...i post the trade after the exit :))
[10:09:15] <mtntrader____> I do the same thing, Werner. Managing the trade is the most important.
[10:11:10] <werner> indd :)
[10:17:20] <werner> Long Emini NQ @ 4741.00
[10:17:32] <werner> Exited all Emini NQ Long @ 4743.00 --> + 2
[10:17:45] <irza> Long Emini ES @ 69
[10:18:03] <wrbtrader> I've done two reboots on my trading computer...same problem.
[10:18:32] <wrbtrader> I'm now going to pullup the backup on this computer with IRC to see if it loads
[10:26:54] <werner> Long Emini NQ @ 4746.75
[10:27:12] <werner> Exited all Emini NQ Long @ 4748.25 --> + 1.5
[10:29:39] <irza> Exited all Emini ES Long @ 68.25 --> - 0.75
[10:50:19] <efloortrader7> Late post on my bond trade ZB Long @ 73-10 Exit @ 73-20 on a few and 73-13 on the remaining. +13 total
[10:50:46] <efloortrader7> I was too busy trying to decide what I wanted to do with it. LOL
[10:51:33] <efloortrader7> But had a short overnight, so brings my total take on the day to $5,312.50 likely done for the day. But we'll see.
[11:05:28] <Tigerman____> gm all
[11:05:49] <Tigerman____> got some issue with chat
[11:05:58] <Tigerman____> re-installed app
[11:06:42] <Tigerman____> did some trades today ...just low vola
[11:07:34] <Tigerman____> canada holiday
[11:07:59] <Tigerman____> I resisted to increase size in this junk market today
[11:08:07] <Tigerman____> good x mwe :)
[11:09:29] <efloortrader7> Gm, Tigerman
[11:09:55] <Tigerman____> hi
[11:10:10] <Tigerman____> seems calm here today
[11:11:24] <wrbtrader> Somedays when things go wrong...everything goes wrong
[11:11:53] <Tigerman____> what happened ??
[11:11:54] <wrbtrader> Just got a call from the tax accountant...gotta go to his office and give him some paperwork to redo
[11:13:05] <Tigerman____> ah yeah redo things no good
[11:13:56] <wrbtrader> I've been audited before a long time ago...main reason why I don't talk publicly too much about my income
[11:14:31] <wrbtrader> That was openly discussed in here a long time ago when it was occurring
[11:14:43] <wrbtrader> Got very ugly
[11:16:35] <wrbtrader> Always a problem when a citizen of two countries
[11:16:57] <wrbtrader> :(
[11:17:27] <Tigerman____> yeah depend of the country ... some country tax where you got residence
[11:17:53] <Tigerman____> that is the reason many got home is some special place :)
[11:18:20] <Tigerman____> in some special place
[11:18:52] <Tigerman____> interesting some place are Tax free for capital gain
[11:19:00] <wrbtrader> Yeah, that's the issue is when you own home, real estate or income source in different countries
[11:19:19] <wrbtrader> Tax folks want their piece of the pie
[11:20:09] <Tigerman____> yeah
[11:20:45] <Tigerman____> many high income sport guys are pretty smart in tx play
[11:21:05] <wrbtrader> Had to get a new cast put on yesterday...
[11:21:11] <Tigerman____> they solve issue simply do not pay until catch :)
[11:21:17] <wrbtrader> Other one had some mold on the inside :(
[11:22:16] <wrbtrader> waited almost 5 hours at the hospital
[11:25:13] <Tigerman____> ES contracting here at his highs levesls
[11:28:31] <Tigerman____> I hate this slow market
[11:28:51] <Tigerman____> just did some small ES trades and got loss :(
[11:29:05] <Tigerman____> what I hate is this ....
[11:29:13] <wrbtrader> Emini ES futures below/near the reaction high of 0800am est
[11:29:33] <Tigerman____> when I enter it moves slow in my favor
[11:29:39] <Tigerman____> just CV
[11:30:01] <Tigerman____> in contrast it moves with bigger spike afst against me :(
[11:30:42] <wrbtrader> Its also retesting the R area of a recent Up WRB Hidden GAP interval
[11:31:34] <Tigerman____> wrbtrader... from my observation what prevent trader to make money is the difficult x most grasp the speed of the market
[11:32:07] <Tigerman____> I mean no realize when is better hang on and when better wait for planned target
[11:41:28] <Tigerman____> price dancing inside an up WRB HG in ES
[11:42:00] <Tigerman____> move like zombie instaed dancing btw
[11:42:52] <Tigerman____> I wait some minutes more then I close everything !!
[11:43:16] <Tigerman____> this prevent me do silly trades in this zombie market
[11:44:18] <Tigerman____> not everyday is tradable ... today is one of them
[12:33:41] <Tigerman____> ES reached a strong support here
[12:34:12] <Tigerman____> just did some shorts long the way in this fall just to many early exit
[12:34:21] <Tigerman____> take care see all next time
[13:12:18] <werner> back
[13:57:59] <werner> Long Emini NQ @ 4739.00
[13:58:40] <werner> Exited all Emini NQ Long @ 4742.00 --> + 3
[13:58:50] <werner> :((
[13:59:37] <werner> better to wait at the wrb pt1 :(
[14:00:06] <werner> that was 4745.50
[14:01:47] <werner> i had a deamand zone at 4737/39 in the 1/2/3/5 min
[14:03:36] <werner> and demandzone es and ym at the same time ....
[14:03:49] <werner> sissy me
[14:20:46] <wrbtrader> Just got back from the tax accountant
[14:23:11] <werner> and did said to him.... its to much tax...hihi
[14:28:18] <wrbtrader> If you don't pay enough...they come after you
[14:28:34] <wrbtrader> In my case, I paid too much for last year income.
[14:28:55] <werner> Shorts Emini NQ @ 4746.75
[14:29:08] <wrbtrader> Here you can do quarterly payments...that's what I do and at the end of the year if you paid too much...they give you a refund
[14:29:34] <werner> Covered all Emini NQ Short @ 4744.25 --> + 2.5
[14:30:33] <wrbtrader> I paid about 28k too much
[14:30:40] <wrbtrader> I wanted it back :)
[14:30:49] <werner> its the same here :)
[14:31:56] <wrbtrader> I received no notification about an over payment...nothing from them
[14:32:12] <werner> i mean quaterly
[14:32:32] <wrbtrader> Yet, we don't pay on time...they sure as hell want to penalize you
[14:32:59] <wrbtrader> Maybe they thought I was 90 years old and would forget I over paid :)
[14:33:13] <werner> lol
[15:04:09] <werner> mmm sideways
[15:04:29] <werner> no momo
[15:05:46] <werner> no volt
[15:07:28] <werner> i do not like writing so i short my words ::((
[15:08:54] <werner> mm russel
[15:09:30] <werner> its a index on his own
[15:10:01] <werner> ...see
[15:15:59] <werner> Long Emini NQ @ 4746.50
[15:17:20] <werner> Exited all Emini NQ Long @ 4744.00 --> - 2.5
[15:21:47] <wrbtrader> Emini ES futures trying to retest the reaction low of 1228pm est
[15:22:19] <werner> Long Emini NQ @ 3739.25 -> Add
[15:23:14] <wrbtrader> I wasn't here but it seems like after 1228pm est...not much to look at in Emini ES futures
[15:23:41] <wrbtrader> Thus, I didn't miss much
[15:24:13] <mtntrader____> That's right. Most of the decent movement was in the first couple of hours.
[15:25:11] <wrbtrader> Yeah...I missed most of the morning...had to run over to my bank and get copies of check payments to the government for my tax accountant to submit to them for my over payment
[15:25:33] <mtntrader____> But it sounds like you made $28K today. Not a bad day. ;-)
[15:25:56] <wrbtrader> Yeah...I guess I should look at it that way :)
[15:26:50] <wrbtrader> I just didn't like the run around I got in which I had to provide "proof" of the over payment
[15:31:09] <wrbtrader> I got invited to join a motorcycle touring group by my accountant.
[15:31:22] <werner> Exited all Emini NQ Long @ 4743.50 --> + 1001.25
[15:31:29] <wrbtrader> He mainly works (taxes) with people in the financial markets
[15:31:49] <wrbtrader> There's a few other traders in the group from the Canada and U.S.
[15:32:33] <werner> mmm thats a + 1.25
[15:32:50] <wrbtrader> There's a big worry among them about if Trump gets into office as President
[15:33:13] <mtntrader____> Motorcycles can be fun. I quit riding when I had a family, though.
[15:33:14] <wrbtrader> Two business owners plan to move their financial business northwards into Canada
[15:33:23] <wrbtrader> mtntrader...same here
[15:34:25] <werner> wow motorcycles..my thing
[15:34:33] <wrbtrader> In a few more years...kids older...I'll be able to do touring n the summer althouh its just a faint thought
[15:34:54] <wrbtrader> I'm just getting tired of the summer market conditions
[15:35:32] <werner> hihi come to europe :)
[15:35:52] <mtntrader____> Western Canada would make for a nice ride. Banff to the west coast has a lot of beauty.
[15:35:53] <wrbtrader> Good possibility next summer
[15:36:25] <werner> yeah ....:)
[15:38:06] <wrbtrader> Emini ES stuck around the 2162.50 price area of very low volatility (contracting)
[15:41:51] <werner> mtntrader .... i am a mx lover i see every game in the us and in europe....if its not to far i take my car in the weekend to see it live :)
[15:42:49] <werner> last game here in lommel...belgum
[15:46:51] <mtntrader____> Very nice werner.
[15:48:53] <werner> http://offroadvideos.org/
[15:58:08] <werner> gn ...all
[16:09:41] <mtntrader____> Take care all.
[16:29:10] <wrbtrader> Take care all and see all tomorrow
[22:42:13] * Disconnected
Session Close: Mon Aug 01 22:42:13 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

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, racist, harassment, lies, hackers, pikers, trolls that's a distraction to members of our chat room, our forum or our website. Yet, the original logs are always maintain for security reasons and legal reasons if needed.

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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