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 Post subject: August 3rd Wednesday - Futures, Forex, Stocks and ETF
 Post Posted: Fri Aug 05, 2016 7:16 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:
080316-Key-Price-Action-Markets.png
080316-Key-Price-Action-Markets.png [ 1.07 MiB | Viewed 222 times ]

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

Session Start: Wed Aug 03 09:32:47 2016
Session Ident: ##TheStrategyLab
[09:32:47] * Now talking in ##TheStrategyLab
[09:32:47] * 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'
[09:32:47] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:32:47] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:33:13] <patrader> GM werner and all
[09:33:27] <patrader> little bit of vola at the open
[09:33:54] <patrader> KMEs @ 9:45, 10 & 10:30 AM EST today
[09:37:57] <irza> gm all
[09:38:11] <mtntrader____> Morning
[09:38:13] <Tigerman____> gm all
[09:41:38] <werner> Long Emini NQ @ 4714.00
[09:41:50] <werner> Exited all Emini NQ Long @ 4717.50 --> + 3.5
[09:47:01] <TradeSnake______> Short YM @ 18253
[09:47:57] <TradeSnake______> Covered YM @ 18243 --> +10
[09:52:31] <Tigerman____> boring till now
[09:52:58] <Tigerman____> seems to me Big operators on holiday
[09:57:19] <wrbtrader> Today's KMEs @ 1000am and 1030am est
[09:57:34] <wrbtrader> Markets acting like its waiting on something
[10:00:51] <Tigerman____> yeah .. only wait x it from many weeks now :(
[10:01:54] <Tigerman____> from my observation market are worst every day more as trading oportunity
[10:02:14] <Tigerman____> intraday expecially
[10:04:39] <wrbtrader> Tigerman...yes
[10:04:58] <wrbtrader> That's been the theme for the year since mid February...
[10:05:18] <wrbtrader> Trading opportunities have slowly deterioated since then
[10:06:17] <wrbtrader> Now we get a few days of decent trading each month and everything else is very difficult or frustrating
[10:06:32] <wrbtrader> That huge January we had did something to the markets...
[10:07:29] <wrbtrader> or it got our expectations so high that we've still not adjusted
[10:08:34] <Tigerman____> <wrbtrader> Now we get a few days of decent trading each month and everything else is very difficult or frustrating yeah thats the problem
[10:08:54] <Tigerman____> it needs a ton of experience and discipine to survive to this
[10:08:58] <wrbtrader> I'm sure if it wasn't for my broken wrist that results in me taking a lot of "rest days"...I would have more losing trading days
[10:10:05] <Tigerman____> yeah infact after many loss these days... I think I think twice or more before an entry now
[10:10:37] <Tigerman____> simply after a move start soon is gone :(
[10:11:01] <Tigerman____> Algo plays a big part in it
[10:11:22] <efloortrader7> ZB swing looking better :-)
[10:11:25] <Tigerman____> the other part is few manual trader or investors
[10:12:16] <wrbtrader> Trading manually (discretionary) is tough these days...
[10:13:18] <wrbtrader> It became a big psychological game because the mistake we don't want to do is think that there's LESS opportunities and we then must do MORE intuition trading
[10:13:45] <wrbtrader> In contrast, the right thinking is that when there's LESS opportunities...we do LESS trading and stay on the sidelines
[10:15:07] <werner> Long Emini NQ @ 4723.00
[10:15:34] <werner> Exited all Emini NQ Long @ 4724.50 --> + 1.5
[10:16:14] <werner> wrb pt1
[10:16:33] <wrbtrader> Long Emini ES @ 2154.50 -> large size
[10:16:43] <wrbtrader> 10 contracts
[10:17:56] <wrbtrader> Exited all Emini ES Long @ 2153.75 --> - 0.75
[10:19:25] <Tigerman____> yeah strongly agreed on on what you said before wrbtrader
[10:19:52] <Tigerman____> of course this represent a big problem for small retailers
[10:20:03] <wrbtrader> Why ?
[10:20:17] <Tigerman____> stay sidelines = no money
[10:20:25] <wrbtrader> Shorts Emini ES @ 2153.75 -> large size
[10:20:41] <wrbtrader> 10 contracts
[10:24:13] <patrader> KME Pending @ 10:30 AM EST- Crude Oil Inventories
[10:25:30] <wrbtrader> Covered all Emini ES Short @ 2152.75 --> + 1
[10:25:39] <wrbtrader> :(
[10:25:42] <wrbtrader> punks
[10:26:23] <Tigerman____> yeah punks ...thats the frustrating part it doesn move nice after some signals
[10:26:24] <wrbtrader> hopefully I can get a re-entry
[10:26:40] <wrbtrader> I wanted to hold this into the 1030am est KME
[10:27:05] <wrbtrader> I got too aggressive and tighten my trail too early
[10:28:50] <Tigerman____> wrbtrader... about retailers and slow market my point is ... with small size you not cover trading cost
[10:29:05] <Tigerman____> ot house living cost
[10:29:29] <Tigerman____> then one try to do some intuition x compensate = big mistake
[10:29:46] <TradeSnake______> Nice move down in GC today... wrbtrader do you think you will start trading other internments more if these conditions continue in the eminis?
[10:30:11] <wrbtrader> Shorts Emini ES @ 2151.75 -> large size
[10:30:23] <wrbtrader> intuition trade
[10:30:28] <wrbtrader> 10 contracts
[10:31:11] <wrbtrader> I'm watching the Oil futures and the Emini futures price movements
[10:32:02] <wrbtrader> Emini ES trying hard to retest the low of that initial spike down
[10:32:21] <wrbtrader> chop just showed up :(
[10:33:05] <wrbtrader> Covered all Emini ES Short @ 2153.50 --> - 1.75
[10:33:28] <wrbtrader> Oil back to the high of the spike
[10:34:09] <wrbtrader> Long Emini ES @ 2154.50 -> large size
[10:34:25] <wrbtrader> 10 contracts
[10:34:33] <wrbtrader> same reason but the opposite
[10:34:57] <irza2> Long Emini ES @ 53.75
[10:35:15] <wrbtrader> Its struggling on both sides of the coin :(
[10:35:24] <irza2> looks higher
[10:35:28] <irza2> we shall see
[10:35:46] <irza2> at least 56.6
[10:35:49] <irza2> 56.5
[10:36:13] <wrbtrader> Exited all Emini ES Long @ 2154.75 --> + 0.25
[10:36:28] <wrbtrader> too much of a struggle
[10:37:08] <wrbtrader> 2155 - 2150.50 is the range now
[10:37:55] <wrbtrader> I'll stay on the sidelines until it can get past those areas
[10:55:27] <Tigerman____> junk action still here
[10:59:28] <irza2> Exited all Emini ES Long @ 52.5 --> - 1.25
[11:04:23] <efloortrader7> ZB Swing Exit @ 71-15 +22
[11:04:48] <mtntrader____> Nice trade efloor
[11:18:31] <werner> Shorts Emini NQ @ 4714.00
[11:21:48] <werner> Covered all Emini NQ Short @ 4716.25 --> - 2.25
[11:29:01] <werner> djeez ..russel
[11:29:11] <Tigerman____> ok declare end of this market clown :(
[11:29:44] <werner> :(
[11:29:51] <Tigerman____> I mean I exit and enjoy life :)
[11:30:26] <Tigerman____> at this point I ll concentrate on stat and avoid real trading
[11:30:36] <Tigerman____> in next days
[11:32:52] <Tigerman____> take care all see next time
[11:39:57] <werner> bbl
[12:18:48] <werner> back
[12:38:19] <werner> Long Emini NQ @ 4714.25
[12:39:31] <werner> Exited all Emini NQ Long @ 4716.00 --> + 1.75
[12:54:02] <werner> what a mess
[13:23:26] <wrbtrader> Yep, I've seen better trading days
[13:39:36] <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.
[13:58:55] <werner> Long Emini NQ @ 4716.75
[13:59:36] <werner> intuition....
[14:04:42] <werner> Exited all Emini NQ Long @ 4718.50 --> + 1.75
[15:06:31] <werner> Long Emini NQ @ 4719.75
[15:08:54] <werner> mm no fill at 4721.75
[15:09:51] <werner> Exited all Emini NQ Long @ 4721.75 --> + 2
[15:10:13] <werner> now i have
[15:10:21] <werner> gn all
[15:56:57] <wrbtrader> Long Emini ES @ 2157.50 -> large size
[15:57:06] <wrbtrader> 10 contracts
[15:58:33] <wrbtrader> not enough volatility
[15:58:42] <wrbtrader> At least its trying
[16:00:00] <wrbtrader> Exited all Emini ES Long @ 2156.00 --> - 1.5
[16:00:14] <wrbtrader> snapback rolloever on the regular session close
[16:03:10] <wrbtrader> Not sure why these snapbacks when they occur on the close are retracing back to an unfilled WRB Hidden GAP interval that didn't have a lot of volatility in the WRB Hidden GAP interval
[16:04:17] <wrbtrader> One day when I have time I'm going to REVIEW and research this particular situation going back to 2005
[16:05:37] <wrbtrader> I suspect its something that has developed or become significant since the beginning of 2016 or since last fall
[16:06:15] <wrbtrader> mainly just algorithms
[16:06:33] <wrbtrader> A losing day for me
[16:06:44] <wrbtrader> Take care all and see all tomorrow
[16:27:46] <efloortrader7> good evening all. see you all tomorrow
[19:47:36] * Disconnected
Session Close: Wed Aug 03 19:47:36 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

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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