##TheStrategyLab Price Action Chat Room Logs

Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
Free Chat Room: http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164
TheStrategyLab Reviews: http://www.thestrategylab.com/thestrategylab-reviews.htm
Business Hours: 8am - 5pm est (Mon - Fri)
wrbanalysis@gmail.com (24/7)
http://twitter.com/wrbtrader (24/7)
http://stocktwits.com/wrbtrader (24/7)

##TheStrategyLab primary purpose is for you to post your WRB Analysis, post your price action analysis, ask real-time questions about WRB Analysis or post your real-time trades in a timestamp environment...the free chat room is a trade journal of your trading day (thoughts and trades). In fact, if you think the only feedback you need is your broker statements...the free chat room will be a waste of your time and you will increase the odds of failing at trading.

The free chat room is located on the Freenode IRC network along with being a serious professional trading chat room for traders that want to talk about your use of 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) merged with your trade methods to improve the performance of their trade methods regardless if you're a position trader, swing trader or day trader. Therefore, you're welcome to use the free 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 because the business model for such isn't suitable for helping traders to succeed as independent traders. 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. Once again, the purpose of the free 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 thoughts and how you interacted with the markets 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. You can then request a private thread for you to share the professional journal analysis of your trading with us for us to review. 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 after we've removed them from the free chat room, removed them from the forum or removed them from the website for violating our terms of use policy.


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

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

Session Start: Tue Jun 27 09:30:05 2017
Session Ident: ##TheStrategyLab
[09:30:05] * Now talking in ##TheStrategyLab
[09:30:05] * 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'
[09:30:05] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:30:05] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:37:51] <wrbtrader> Good morning all
[09:38:48] <Tigerman______> all
[09:38:53] <Tigerman______> hi wrbtrader
[09:42:39] <wrbtrader> Emini ES price check @ 2431.00
[09:44:00] <wrbtrader> Shorts Emini ES @ 2430.25 -> large size
[09:44:11] <wrbtrader> 10 contracts
[09:44:18] <wrbtrader> trade error...will hold
[09:46:46] <wrbtrader> Covered all Emini ES Short @ 2430.25 --> 0
[09:51:56] <Tigerman______> ugly action in Nq now
[09:52:40] <Tigerman______> seems stuck between 2 strong levels
[09:53:10] <Tigerman______> also inside that big dark candle at open
[09:53:18] <Tigerman______> that cause me a loss
[09:53:25] <Tigerman______> late entry
[09:53:32] <Tigerman______> should be a gain
[09:53:46] <Tigerman______> news at 10am
[09:54:10] <Tigerman______> cons confidence and r index
[10:15:14] <wrbtrader> Too bad that spurt of volatility didn't last after the opening bell
[10:15:37] <wrbtrader> Emini futures are now trying hard to contract
[10:17:27] <Tigerman______> noizy range bound in Nq
[10:17:49] <Tigerman______> I suspect it can breaks down badly
[10:18:01] <Tigerman______> under 5740
[10:18:32] <Tigerman______> not a good start today
[10:22:11] <wrbtrader> Light Crude Oil CL futures doing good today
[10:22:33] <wrbtrader> Its approaching the R area of a WRB Zone on the 4 hour chart
[10:22:51] <wrbtrader> CL futures price check @ 44.09
[10:23:02] <wrbtrader> @ 44.12
[10:29:45] <wrbtrader> Shorts Emini ES @ 2432.00 -> large size
[10:29:53] <wrbtrader> 10 contracts
[10:30:50] <wrbtrader> I'm trying to follow Emini NQ futures although my entry sucked big time
[10:31:08] <wrbtrader> Should have been short around 2433.00
[10:33:32] <Tigerman______> today is one of those days to be carefull
[10:33:47] <wrbtrader> agree
[10:33:49] <Tigerman______> price is stuck inside a noizy range
[10:34:16] <Tigerman______> this kind of price action cause me big loss in past
[10:34:27] <Tigerman______> today I try to avoid it as hell
[10:35:02] <wrbtrader> Covered all Emini ES Short @ 2433.00 --> - 1
[10:35:55] <wrbtrader> Shorts Emini ES @ 2432.75 -> large size
[10:36:01] <wrbtrader> re-entry
[10:36:05] <wrbtrader> 5+5
[10:36:21] <wrbtrader> Emini ES futures price check @ 2433.25
[10:39:40] <wrbtrader> Covered all Emini ES Short @ 2434.00 --> - 1.25
[10:40:23] <wrbtrader> Long lower shadow interval on the 1 hour chart frame
[10:40:45] <wrbtrader> back up inside the range of a recent Long Upper Shadow interval
[10:42:01] <Tigerman______> afet 1hour we are always there in nq
[10:42:02] <wrbtrader> Long Emini ES @ 2435.50 -> large size
[10:42:05] <wrbtrader> Back where I almost (earlier) went Long
[10:43:55] <wrbtrader> Emini ES futures price check @ 2436.25
[10:44:38] <wrbtrader> now above the range of that earlier mentioned Long Upper Shadow interval
[10:45:29] <wrbtrader> reference the 1 hour chart
[10:46:19] <wrbtrader> tough trade to find an exit
[10:46:41] <wrbtrader> volatility still spotty or creeping
[10:46:55] <wrbtrader> Still no big burst of volatility today since the open
[10:48:49] <wrbtrader> Exited all Emini ES Long @ 2436.00 --> + 0.5
[10:52:12] <wrbtrader> Emini ES futures struggling at the reaction high of 2436.00
[10:52:26] <wrbtrader> Price Check @ 2435.75
[10:54:23] <wrbtrader> Price Check @ 2435.25
[10:54:43] <wrbtrader> Reminder...the price checks are for the timestamp clock accuracy
[10:55:16] <wrbtrader> Everybody on different IRC servers...servers with the clock different from another server
[10:56:31] <wrbtrader> For example, I was logged in today via 2 different servers...there was a 17 second difference than my computer clock...8 second difference than my broker platform clock
[10:57:04] <wrbtrader> Thus, I do the price checks so that you can compare your own timestamp
[10:57:49] <wrbtrader> More fun to do it with "price checks" than with just quoting the timestamp
[10:58:10] <wrbtrader> For example...
[10:58:41] <wrbtrader> Timestamp Check @ 10:58:40
[10:59:34] <wrbtrader> You see the difference between my timestamp check of 1058:40 and the actual computer clock of 10:58:41
[11:00:19] <wrbtrader> Contracting volatility now
[11:11:28] <Tigerman______> have to go
[11:11:34] <Tigerman______> take care see all next time
[11:13:46] <wrbtrader> WTI CL futures price check @ 4434
[11:13:54] <wrbtrader> @ 44.34
[11:14:28] <wrbtrader> Emini NQ futures @ 5757.75
[11:14:49] <wrbtrader> ??
[11:15:13] <wrbtrader> Can someone post some quotes for Emini NQ futures
[11:15:57] <wrbtrader> both of my data vendors showing two different quotes
[11:16:18] <wrbtrader> nevermind...I figure out what the problem was
[11:55:38] <wrbtrader> Emini NQ futures dropped below its most recent reaction low
[11:55:49] <wrbtrader> Emini ES futures did not
[11:56:01] <wrbtrader>
[12:20:00] <wrbtrader> Shorts Emini ES @ 2434.75 -> small size
[12:20:15] <wrbtrader> Shorts Emini ES @ 2434.50 -> Add
[12:22:34] <wrbtrader> battle at the most recent reaction low
[12:23:30] <wrbtrader> When there's this much contraction in the volatility...trade will need help from other key markets
[12:31:18] <wrbtrader> Covered 1/2 Emini ES Short @ 2433.75 --> + 0.75
[12:31:44] <wrbtrader> Covered Remainder Emini ES Short @ 2434.00 --> + 0.75
[12:35:10] <wrbtrader> Emini ES futures price check @ 2433.25
[12:36:31] <wrbtrader> now it volatility spike
[12:36:39] <wrbtrader> without me on board that short
[12:38:34] <wrbtrader> Shorts Emini ES @ 2431.75 -> small size
[12:38:43] <wrbtrader> 5 contracts
[12:39:10] <wrbtrader> I'm not impress by the volatility...will keep it small size for awhile
[12:39:22] <wrbtrader> no more adds
[12:43:01] <wrbtrader> Covered all Emini ES Short @ 2431.50 --> + 0.25
[12:43:56] <wrbtrader> No more patience for that trade
[12:48:58] <wrbtrader> Anybody watch the Eurex BUND futures...geeesh
[12:49:06] <wrbtrader> It fell off the planet
[13:10:01] <wrbtrader> Shorts Emini ES @ 2429.50 -> small size
[13:10:09] <wrbtrader> 5 contracts
[13:16:46] <wrbtrader> Covered all Emini ES Short @ 2429.50 --> 0
[13:17:13] <wrbtrader> again I lost my patience in a trade
[15:51:01] <wrbtrader> Shorts Emini ES @ 2419.50 -> large size
[15:51:15] <wrbtrader> 10 contracts
[15:51:19] <Donnin______> finnally some movement
[15:51:44] <wrbtrader> agree
[15:53:01] <wrbtrader> Covered all Emini ES Short @ 2418.00 --> + 1.5
[15:53:09] <wrbtrader> WRB pt1 reached
[15:54:04] <Donnin______> where right at the prior months high
[15:55:07] <Donnin______> via globex
[15:55:07] <wrbtrader> Shorts Emini ES @ 2418.50 -> small size
[15:55:14] <wrbtrader> 5 contracts
[15:55:16] <Donnin______> and intraday conbine
[16:10:11] <wrbtrader> Covered all Emini ES Short @ 2419.50 --> - 1
[16:10:58] <wrbtrader> Emini ES decided to do its own little thing after the 4pm pm est rush hour traffic
[16:14:05] <Donnin______> yeah
[16:21:25] <wrbtrader> Donnin...yesterday you asked a late question about what caused the down movement
[16:21:39] <Donnin______> yeah
[16:22:03] <Donnin______> it was on the 19th no
[16:22:17] <wrbtrader> That volatility spike that push prices downward was due to (I think) about President Trumps ban being partially lifted
[16:22:39] <Donnin______> i see
[17:58:14] * Disconnected
Session Close: Tue Jun 27 17:58:14 2017

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

##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 free 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:

CME Emini Futures EMD, ES and NQ

ICE Emini TF Futures (formerly CME ER2)

CBOT mini-sized Dow Futures YM

Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

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

Euronext Futures FTSE-100 and CAC-40

CME Futures EuroFX 6E and EC

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

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

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

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

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

S&P CNX NIFTY Futures

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.

Review of TheStrategyLab @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167

TheStrategyLab Review @ http://www.thestrategylab.com/thestrategylab-reviews.htm

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)
TheStrategyLab Price Action Trading
@ 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 (24/7)
http://twitter.com/wrbtrader (24/7)
http://stocktwits.com/wrbtrader (24/7)