##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: Wed Jul 05 09:24:45 2017
Session Ident: ##TheStrategyLab
[09:24:45] * Now talking in ##TheStrategyLab
[09:24:45] * 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'
[09:24:45] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:24:46] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:32:08] <wrbtrader> Shorts Emini ES @ 2427.50 -> large size
[09:32:22] <wrbtrader> 10 contracts
[09:33:20] <wrbtrader> Strange...the interval is not showing a lower shadow after it tested 2427.00
[09:34:00] <wrbtrader> now its showing the lower shadow @ 2428.00
[09:34:28] <wrbtrader> Looks like its time to boot up my other data provider for comparison and verification
[09:37:43] <wrbtrader> Key markets NOT insync
[09:38:07] <wrbtrader> Emini NQ is almost inverse of Emini ES futures
[09:39:25] <wrbtrader> Emini ES futures price check @ 2426.00
[09:40:07] <wrbtrader> Covered all Emini ES Short @ 2425.75 --> + 1.75
[09:40:18] <wrbtrader> price check @ 2426.00
[09:40:34] <wrbtrader> price check @ 2425.50
[09:41:34] <wrbtrader> I think I saw this type of inverse price between ES and NQ last week for about 15mins
[09:41:49] <wrbtrader> I can't remember what day it was but it was strange to see
[09:42:59] <wrbtrader> Shorts Emini ES @ 2435.25 -> small size
[09:43:07] <wrbtrader> 5 contracts
[09:43:12] <wrbtrader> intuition trade
[09:43:43] <wrbtrader> no trade signal but price action is in a WRB Zone and trying hard to reach the S area of that WRB Zone
[09:44:14] <wrbtrader> Long Lower Shadow developed
[09:44:37] <wrbtrader> Eminis now trying to get insync
[09:45:07] <wrbtrader> Donnin...you having log-in problems or connection problems
[09:45:25] <Donnin______> no my conputer is set to every 15 mins
[09:46:36] <wrbtrader> Mine is set for 30 mins to but I can't remember what I did to keep it from disconnecting from the internet. I remember getting the tip from tech help for my computer
[09:47:11] <wrbtrader> Thus, I stay logged in when I'm not at my computer and it goes into "sleep mode"
[09:47:28] <Donnin______> really ill have to look into how that is done
[09:47:59] <wrbtrader> Covered all Emini ES Short @ 2423.00 --> + 12.25
[09:48:07] <Donnin______> emini as major support
[09:48:11] <wrbtrader> incorrect...
[09:48:52] <wrbtrader> Entry was 2425.25 (not 2435.25 as posted)...
[09:49:12] <wrbtrader> Thus...just +2.25
[09:50:23] <wrbtrader> Yeah, Emini ES futures testeed that support area from around 0440am this morning
[09:56:47] <wrbtrader> Emini ES price check @ 2422.75
[09:56:55] <Donnin______> yes
[09:57:21] <Donnin______> long cl 46.7
[09:57:32] <Donnin______> 46.07
[09:59:25] <wrbtrader> That's a gutsy trade in CL
[10:00:00] <wrbtrader> I've been watching it for the past 5 mins because I wasn't getting any help from Emini NQ with my Emini ES trades
[10:00:51] <Donnin______> hmm
[10:02:39] <wrbtrader> CL helping keep the pressure on the Eminis
[10:02:55] <wrbtrader> Shorts Emini ES @ 2422.50 -> small size
[10:03:03] <wrbtrader> 5 contracts
[10:03:38] <wrbtrader> 1000am KME too
[10:04:02] <wrbtrader> news wasn't that bafd
[10:04:05] <wrbtrader> bad
[10:04:18] <wrbtrader> Not sure about the reason for all the downside pressure
[10:04:35] <wrbtrader> There must be breaking news outside the KME
[10:05:24] <wrbtrader> Covered all Emini ES Short @ 2420.00 --> + 2.5
[10:05:54] <wrbtrader> Key markets got suddenly insync (including Emini NQ) in their volatility movement
[10:06:57] <Donnin______> im still in th phase of thinking i can trade anything i see
[10:07:51] <Donnin______> because i can see trades in hindsight
[10:08:22] <Donnin______> so need a few month practice watching live market
[10:08:33] <wrbtrader> I went thru a phase like that...I would put on trades at the same time in DAX, ES, TF, 6E (EuroFX) and CL
[10:08:37] <wrbtrader> All at the same time
[10:08:46] <wrbtrader> Exciting but extremely stressful
[10:08:55] <Donnin______> yeah i bet
[10:08:58] <wrbtrader> I did if for a few months many many years ago
[10:09:13] <wrbtrader> Had to take a break from trading after that
[10:09:33] <wrbtrader> Got sort'uv burnt out
[10:09:55] <wrbtrader> CL and Eminis now trying to find support
[10:10:03] <wrbtrader> Some legs to stand up on
[10:10:27] <wrbtrader> They have a big Down WRB Hidden GAP interval to retrace...
[10:10:46] <wrbtrader> I'll stay bearish until they retrace that big Down WRB Hidden GAP interval
[10:10:50] <wrbtrader> 5min chart
[10:12:28] <Donnin______> ok looking for a sh soon on es
[10:14:47] <wrbtrader> CL rolled over southward thru the support of those legs that attempted to give it support
[10:15:00] <wrbtrader> ES trying to do the same thing now
[10:15:26] <wrbtrader> Shorts Emini ES @ 2420.00 -> small size
[10:15:38] <wrbtrader> 5 contracts
[10:16:03] <wrbtrader> Emini ES price check @ 2420.00
[10:18:39] <wrbtrader> retracing... hard to resume back downwards
[10:19:19] <wrbtrader> Covered all Emini ES Short @ 2419.50 --> + 0.5
[10:19:27] <wrbtrader> early exit
[10:19:31] <wrbtrader> too much of a fight
[10:19:39] <wrbtrader> not a WRB exit
[10:23:07] <wrbtrader> ES and NQ fought back above the S area of the Down WRB Hidden GAP interval...CL still struggling below the S area of the same Down WRB Hidden GAP interval
[10:26:10] <wrbtrader> CL going lower
[10:27:02] <wrbtrader> Big battle in the key markets near their S area of the Down WRB Hidden GAP interval
[10:28:26] <wrbtrader> ES and NQ trying again to push higher above the S area
[10:30:23] <wrbtrader> Shorts Emini ES @ 2421.50 -> small size
[10:30:31] <wrbtrader> 5 contracts
[10:30:35] <wrbtrader> risky trade
[10:30:56] <wrbtrader> NQ still trying to push back upwards
[10:31:31] <wrbtrader> I would feel better with this trade if NQ and CL weren't trying so hard to push back upwards
[10:33:17] <wrbtrader> Covered all Emini ES Short @ 2422.00 --> - 0.5
[10:33:32] <wrbtrader> Emini NQ futures pushing hard above now
[10:33:47] <wrbtrader> It has retraced the Down WRB Hidden GAP interval
[10:34:05] <wrbtrader> Emini ES now trying to do the same
[10:34:20] <wrbtrader> Emini ES price check @ 2423.00
[10:40:14] <wrbtrader> Long Emini ES @ 2424.50 -> small size
[10:40:21] <wrbtrader> 5 contracts
[10:40:46] <wrbtrader> Emini ES now has retraced its Down WRB Hidden GAP interval
[10:40:56] <wrbtrader> a few ticks above the R area
[10:41:09] <wrbtrader> of 2424.00
[10:43:19] <wrbtrader> Exited all Emini ES Long @ 2425.75 --> + 1.25
[10:43:39] <wrbtrader> WRB pt1 via the 1min chart
[10:46:50] <wrbtrader> I'm surprise the volatility in CL has contracted so much below the S area of its Down WRB Hidden GAP interval
[11:08:18] <wrbtrader> Looks like all the drama has left the markets...
[11:08:25] <wrbtrader> Its a lot more calmer now
[11:12:43] <werner1> all
[11:14:15] <werner1> yesterday provider props here .....so i did not trade
[11:28:01] <werner1> Long Emini NQ @ 5643.50
[11:29:44] <werner1> Exited all Emini NQ Long @ 5642.50 --> - 1
[11:30:15] <wrbtrader> The insyn in the markets has returned
[11:31:30] <wrbtrader> meant "not insync
[11:32:18] <wrbtrader> Impressive how Emini NQ has held up in comparison to other key markets
[11:34:21] <werner1> yes synic lately is not what is was in the past
[11:49:49] <wrbtrader> Yeah...earlier in the trading day for about 10 minutes...the Emini NQ was actually inverse to the Emini ES price movement
[11:50:01] <wrbtrader> ES was going down while NQ was going up
[12:06:44] <werner1>
[12:17:16] <werner1> Long Emini NQ @ 5645.00
[12:20:47] <werner1> Exited all Emini NQ Long @ 5647.00 --> + 2
[12:20:55] <werner1> wrb pt1
[12:33:34] <werner1> Shorts Emini NQ @ 5643.50
[12:35:01] <werner1> Covered all Emini NQ Short @ 5642 --> + 1.5
[12:35:28] <werner1> wrb pt 1
[12:36:51] <werner1> sofar +2.5
[12:37:28] <wrbtrader> I think Emini NQ futures is the most impressive today in its price movement
[12:39:28] <werner1> indd
[12:41:14] <wrbtrader> Long Emini ES @ 2429.00 -> small size
[12:41:20] <wrbtrader> 2 contracts
[12:53:47] <werner1> Long Emini NQ @ 5647.75
[13:02:57] <wrbtrader> Exited all Emini ES Long @ 2430.00 --> + 1
[13:03:04] <werner1> Exited all Emini NQ Long @ 5649.50 --> + 1.75
[13:03:04] <wrbtrader> WRB pt1 reached
[13:03:17] <werner1> wrb pt1
[14:26:42] <werner1> Long Emini NQ @ 5654.50
[14:26:56] <werner1> Exited all Emini NQ Long @ 5657.50 --> + 3
[14:28:09] <werner1> sofar +7.25
[15:22:47] <wrbtrader> Eminis a little more active
[15:23:14] <wrbtrader> I've never liked Oil CL futures after 12noon
[15:23:28] <wrbtrader> I've always had problems with it after 12noon
[15:23:58] <wrbtrader> Thus, I just ignore it even for price action to give me clues with the Emini futures
[15:24:08] <wrbtrader> the same for Gold GC futures
[15:25:59] <werner1> mm Curious here at this level nq
[15:31:51] <werner1> Long Emini NQ @ 5649.00
[15:33:09] <werner1> Exited all Emini NQ Long @ 5648.25 --> - 0.75
[15:40:46] <werner1> Long Emini NQ @ 5651.00
[15:43:01] <werner1> Exited all Emini NQ Long @ 5655.25 --> + 4.25
[15:43:12] <werner1> wrb pt1
[15:52:13] <werner1> sofar +10.75
[16:00:35] <wrbtrader> I thought there would be more volatility going into the 4pm est rush hour traffic...
[16:00:41] <wrbtrader> There was not.
[16:00:50] <wrbtrader> Still a good trading day
[16:01:49] <wrbtrader> +49.50 Emini ES points
[16:02:16] <wrbtrader> werner...good trading to you too
[16:02:36] <werner1>
[16:02:51] <wrbtrader> Take care and see all tomorrow
[16:03:06] <werner1> cya
[18:06:11] * Disconnected
Session Close: Wed Jul 05 18:06:11 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)