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 Post subject: August 24th Thursday - Futures, Forex, Stocks and ETF
 Post Posted: Thu Aug 24, 2017 10:39 pm 
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Joined: Tue Dec 16, 2008 1:02 am
Posts: 2522
Location: Canada
Price Action Trading (no technical indicators)
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##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 trade journal services such as tradebench.com, edgewonk.com, tradervue.com, tradingdiarypro.com, stocktickr.com, journalsqrd.com, tradingdiary.pro, mxprofit.com or trademetria.com for quantitative statistical analysis of their trading 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 trade 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.

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

Attachment:
082417-Key-Price-Action-Markets.png
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click on the above image to view today's price action of key markets

##TheStrategyLab Archive Chat Logs

Session Start: Thu Aug 24 09:13:27 2017
Session Ident: ##TheStrategyLab
[09:13:27] * Now talking in ##TheStrategyLab
[09:13:27] * 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'
[09:13:27] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:13:28] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:13:36] <wrbtrader> Good morning all
[09:16:09] <werner> gm wrb
[09:34:34] <wrbtrader> Long Emini ES @ 2448.25 -> large size
[09:34:41] <wrbtrader> 10 contracts
[09:35:12] <wrbtrader> I have some strange looking intervals with unusually long lower shadows :(
[09:35:52] <wrbtrader> Current 5min chart interval has its low @ 2444.50
[09:35:59] <wrbtrader> doesn't look accurate
[09:36:39] <wrbtrader> Exited all Emini ES Long @ 2447.25 --> - 1
[09:37:13] <wrbtrader> Shorts Emini ES @ 2447.00 -> large size
[09:37:20] <wrbtrader> 10 contracts
[09:37:55] <wrbtrader> Now I have the opposite at the top...very Long Upper Shadow interval
[09:38:57] <wrbtrader> High @ 2449.75 but my data provider on has the high @ 2449.00 while the chart vendor has the high @ 2449.75
[09:39:05] <werner> sideline here for now
[09:39:14] <wrbtrader> geeesh...I hate this type of crap (misinformation)
[09:40:30] <wrbtrader> Covered all Emini ES Short @ 2446.00 --> + 1
[09:41:00] <wrbtrader> Ok...intervals have now "self corrected"...all highs showing 2449.00
[09:41:17] <wrbtrader> Just great...changing intervals on the client :(
[09:41:55] <wrbtrader> Qcharts use to do that crap when they got purchased by eSignal
[09:42:27] <werner> wow nq
[09:42:40] <wrbtrader> Shorts Emini ES @ 2445.00 -> large size
[09:43:08] <wrbtrader> 10 contracts...I'm just chasing the volatility inside the range of a WRB Zone
[09:43:16] <wrbtrader> no trade signal...just intuition
[09:44:17] <wrbtrader> Covered all Emini ES Short @ 2443.50 --> + 1.5
[09:44:41] <wrbtrader> a little stressful on that volatility spike
[09:45:24] <wrbtrader> Price action testing the S area of the Up WRB Hidden Gap interval I was Short in
[09:45:46] <Tigerman______> gm all
[09:46:00] <werner> gm tigerman
[09:46:04] <wrbtrader> Hi Tigerman
[09:46:11] <Tigerman______> Hi guys
[09:46:33] <Tigerman______> just good I no missed the short
[09:46:52] <Tigerman______> just too busy to move up and down in my dome
[09:46:57] <Tigerman______> a bit slow today
[09:47:17] <Tigerman______> FDAX pushed lower faster as always
[09:47:58] <werner> lol
[09:48:10] <werner> the beast
[09:48:37] <wrbtrader> My Eurex FDAX chart not moving much in contrast to the Emini futures
[09:48:54] <wrbtrader> Not sure if my data is having problems in Eurex FDAX futures
[09:49:17] <wrbtrader> I've already had some minor data problems in Emini futures
[09:49:42] <wrbtrader> Shorts Emini ES @ 2442.50 -> large size
[09:49:50] <wrbtrader> 10 contracts
[09:50:44] <werner> Shorts Emini NQ @ 5845.50
[09:51:33] <werner> Covered all Emini NQ Short @ 4838.00 --> + 1007.5
[09:51:35] <wrbtrader> Covered all Emini ES Short @ 2439.75 --> + 2.75
[09:51:37] <wrbtrader> WRB pt1 reached
[09:51:56] <werner> Covered all Emini NQ Short @ 5838.00 --> + 7.5
[09:52:32] <wrbtrader> Eurex FDAX futures still inside its WRB Zone and moving slowly down
[09:52:53] <wrbtrader> Ooops...now its testing the S area and is a few ticks below that S area
[09:53:35] <wrbtrader> Emini futures has traveled thru two WRB Zones by Down WRB Hidden GAP intervals
[09:54:00] <wrbtrader> Eurex DAX futures now trying to catch up with the pace by the Emini futures
[09:55:04] <wrbtrader> Emini ES futures and Emini NQ futures now have Long Lower Shadow intervals on the 1min chart
[09:55:33] <Tigerman______> I m just lost my FADAX future :(
[09:55:43] <Tigerman______> I mean the chart
[09:55:52] <wrbtrader> It stop working ?
[09:56:14] <Tigerman______> no just vanished from my templates
[09:56:34] <Tigerman______> I bring up another but it was older one
[09:56:36] <Tigerman______> odd
[09:56:44] <Tigerman______> nothing serious
[09:56:55] <Tigerman______> just wonder where is gone the other
[09:57:03] <wrbtrader> My FDAX futures data has been at a crawl while DJstoxx is moving fast...Euronext data working ok too
[09:57:12] <Tigerman______> nice sell off till now
[09:57:29] <wrbtrader> I know something is wrong with my FDAX data
[09:57:49] <wrbtrader> Things have slow down in Emini futures now
[09:58:09] <wrbtrader> volatility contraction showing up along with those Long Lower Shadow intervals
[09:58:21] <wrbtrader> Shorts Emini ES @ 2440.00 -> small size
[09:58:31] <wrbtrader> 3 contracts
[09:59:10] <wrbtrader> Emini ES futures broke below the low of the contraction intervals...now its fighting back
[09:59:27] <wrbtrader> WRB pt1 reached
[09:59:51] <wrbtrader> Covered all Emini ES Short @ 2439.50 --> + 0.5
[10:00:12] <wrbtrader> still fighting back upwards
[10:00:34] <wrbtrader> now back at the R area of the most recent Down WRB Hidden Gap interval
[10:00:50] <wrbtrader> DAX didn't make it back in comparison
[10:01:36] <wrbtrader> Shorts Emini ES @ 2439.75 -> small size
[10:01:51] <wrbtrader> 3 contracts
[10:02:14] <wrbtrader> Eurex FDAX futures now below the low of its contracting volatility intervals
[10:02:22] <wrbtrader> Eminis have not followed
[10:02:27] <wrbtrader> :(
[10:03:09] <wrbtrader> Covered all Emini ES Short @ 2439.00 --> + 0.75
[10:03:19] <wrbtrader> small WRB pt1 reached
[10:06:06] <werner> i dont look at other indices ...i cant handle that in my head....when i see them i cant make a tade disision:(
[10:06:42] <werner> it make me confuse
[10:08:30] <werner> mist the short here
[10:10:50] <wrbtrader> werner...I'm the opposite
[10:11:11] <wrbtrader> I get confused when I don't look at other key markets
[10:11:54] <wrbtrader> I want to see that other key markets are "insync" with each other
[10:52:45] <Tigerman______> ok I have to go
[10:52:51] <Tigerman______> take care all see next time
[10:57:26] <werner> Long Emini NQ @ 5847.00
[10:57:42] <werner> intuition
[10:59:23] <werner> Exited all Emini NQ Long @ 5844.00 --> - 3
[11:05:26] <wrbtrader> I didn't have any trade signals to the Long side in that counter-thrust back upwards
[11:05:33] <Autrader> Morning
[11:05:57] <wrbtrader> Yet, its now in the range of a WRB Zone along with producing Long Shadow intervals on the contraction...
[11:06:30] <wrbtrader> Usually a trade signal appears in this type of price action...I don't care if its Short or Long
[11:12:37] <werner> Shorts Emini NQ @ 5837.00
[11:13:34] <werner> need 34
[11:15:18] <werner> Covered all Emini NQ Short @ 5824.00 --> + 13
[11:15:56] <werner> need 24 ..lol
[11:17:02] <werner> 34 canceld
[11:18:11] <wrbtrader> That was a fast rollover to the south on a trade signal but it moved too fast for me to get an order in
[11:18:59] <wrbtrader> I'm getting slow...must be old age
[11:19:18] <wrbtrader> Shorts Emini ES @ 2439.75 -> large size
[11:19:27] <werner> wow nq
[11:19:50] <werner> gap close ??
[11:20:05] <wrbtrader> I'm now just following Eurex FDAX...it just pushed lowered when the Emini ES futures ticked back higher a few ticks
[11:20:19] <wrbtrader> 10 contracts
[11:20:21] <werner> 8/22
[11:20:49] <wrbtrader> Covered all Emini ES Short @ 2439.50 --> + 0.25
[11:21:20] <wrbtrader> Eurex, Euonext and Eminis producing Long Lower Shadow intervals about the same time...
[11:21:25] <wrbtrader> Key markets insync
[11:22:18] <wrbtrader> Long Emini ES @ 2440.00 -> large size
[11:22:25] <wrbtrader> 10 contracts
[11:22:39] <wrbtrader> I should'uv gone small size :(
[11:22:47] <werner> nq at the open 8/22
[11:23:29] <wrbtrader> Exited 1/2 Emini ES Long @ 2440.25 --> + 0.25
[11:23:49] <werner> 5818.75
[11:24:01] <wrbtrader> had to unload 1/2 because of the position size error
[11:24:40] <wrbtrader> Exited Remainder Emini ES Long @ 2439.25 --> - 0.75
[11:25:23] <wrbtrader> Shorts Emini ES @ 2439.50 -> large size
[11:25:38] <wrbtrader> Price action traveling down the range of the Long Lower Shadow intervals
[11:25:43] <wrbtrader> 10 contracts
[11:27:27] <werner> Shorts Emini NQ @ 5814.50
[11:27:47] <werner> Covered all Emini NQ Short @ 5811.50 --> + 3
[11:27:49] <wrbtrader> Covered all Emini ES Short @ 2436.75 --> + 2.75
[11:28:24] <wrbtrader> WRB pt1 reached @ 2436.50 but not able to grab it
[11:28:39] <wrbtrader> marketed out @ 2436.75
[11:29:51] <wrbtrader> A member of the private VTR forum asked me via private message that when he reads the chat logs...he notice I talk a lot about "Long Shadow Intervals"...
[11:29:56] <wrbtrader> He asked why ?
[11:30:34] <wrbtrader> I told him I didn't know why but I will send him an update after reading through the chat logs last year...
[11:31:46] <wrbtrader> I still have memory problems but I discovered via the logs 2016 that I was designing new trade strategies via the price reacting to "Long Shadow Intervals" in Low Volatility market conditions
[11:32:42] <wrbtrader> I didn't mention them much in the first few months of 2017 but slowly started mentioning them
[11:32:46] <werner> Shorts Emini NQ @ 5812.00
[11:33:23] <wrbtrader> That's basically what I'm reacting to...comparing the current price action while in a WRB Zone to the price action of prior Long Shadow intervals
[11:33:36] <werner> Shorts Emini NQ @ 5809.00
[11:33:39] <wrbtrader> Shorts Emini ES @ 2436.00 -> large size
[11:33:49] <wrbtrader> 10 contracts
[11:33:57] <werner> Shorts Emini NQ @ 5812.00
[11:34:17] <wrbtrader> Price action traveling down the range of the most recent Long Lower Shadow interval
[11:34:36] <wrbtrader> both Emini ES futures and Eurex FDAX futures
[11:34:46] <werner> Covered all Emini NQ Short @ 5809.00 --> + 3
[11:35:00] <werner> erb pt 1
[11:35:05] <werner> wrb
[11:35:24] <wrbtrader> Covered all Emini ES Short @ 2435.50 --> + 0.5
[11:35:26] <wrbtrader> WRB pt1 reached (small)
[11:36:06] <wrbtrader> only small because I entered "late" into the down movement in the range of that long shadow interval
[11:36:26] <wrbtrader> charts too compressed together...didn't notice it at first
[11:43:36] <wrbtrader> Another counter-thrust upwards as the Emini futures try to find some legs to stand up on
[11:47:30] <wrbtrader> If someone is trading the Emini futures...we get 4 - 5 good trading days like today because of the big WRB Hidden GAP intervals
[11:48:04] <wrbtrader> All the rest of the trading days in the month are just a battle...too much battle because of the volatility problems
[11:52:07] <wrbtrader> Long Emini ES @ 2438.25 -> small size
[11:52:15] <wrbtrader> 2 contracts
[11:53:03] <wrbtrader> Long Emini ES @ 2438.50 -> Add
[11:53:10] <wrbtrader> 1 contract added
[11:53:55] <wrbtrader> Should be a battle in this price area
[11:55:09] <wrbtrader> Exited all Emini ES Long @ 2437.75 --> - 1.25
[11:55:36] <wrbtrader> rolled back over again
[11:57:13] <wrbtrader> Shorts Emini ES @ 2437.75 -> small size
[11:57:21] <wrbtrader> 3 contracts
[11:57:52] <wrbtrader> still a battle in this price area between supply/demand
[11:58:16] <wrbtrader> reason why I'm keeping my position size small
[11:58:50] <wrbtrader> Covered all Emini ES Short @ 2438.75 --> - 1
[11:59:11] <wrbtrader> Emini ES futures took out that stop too easily
[11:59:58] <wrbtrader> Long Emini ES @ 2439.25 -> small size
[12:00:08] <wrbtrader> 3 contracts
[12:00:35] <wrbtrader> I see that the two recent Long entries...prices are higher
[12:01:15] <wrbtrader> Yet, price are still struggling in this price area
[12:03:38] <wrbtrader> Exited all Emini ES Long @ 2439.25 --> 0
[12:04:26] <wrbtrader> Emini ES futures didn't get any help from the other Emini futures...more contraction showed up
[12:04:45] <wrbtrader> Didn't want to get stuck in a trade going nowhere
[12:06:38] <wrbtrader> Shorts Emini ES @ 2439.00 -> small size
[12:06:44] <wrbtrader> 5 contracts
[12:07:15] <wrbtrader> slowly increasing my position size
[12:07:29] <wrbtrader> I'm expecting volatility to increase
[12:08:10] <wrbtrader> :(
[12:09:55] <wrbtrader> Good trade signal and great entry...not doing good :(
[12:10:10] <wrbtrader> Covered all Emini ES Short @ 2434.00 --> + 5
[12:10:22] <wrbtrader> incorrect...
[12:10:41] <wrbtrader> Covered all Emini ES Short @ 2440.00 --> - 1
[12:11:07] <wrbtrader> small volatility spike...wrong way for me :(
[12:12:50] <wrbtrader> trade signal still active
[12:13:01] <wrbtrader> Thus, I'm hoping it rolls over again southwards
[12:15:07] <wrbtrader> Shorts Emini ES @ 2439.00 -> small size
[12:15:24] <wrbtrader> 5 contracts
[12:15:28] <wrbtrader> re-entry
[12:18:22] <wrbtrader> chopping around :(\
[12:18:45] <wrbtrader> Covered all Emini ES Short @ 2439.50 --> - 0.5
[12:20:52] <wrbtrader> Shorts Emini ES @ 2439.25 -> small size
[12:21:01] <wrbtrader> reentry
[12:23:01] <wrbtrader> Covered all Emini ES Short @ 2440.00 --> - 0.75
[12:23:25] <Autrader> I cant see why you are shorting on this moment.
[12:24:06] <werner> Long Emini NQ @ 5820.25
[12:24:43] <wrbtrader> Long Emini ES @ 2440.00 -> small size
[12:25:04] <wrbtrader> 5 contracts
[12:25:56] <werner> mm no fill 23.25
[12:26:11] <werner> strange
[12:27:12] <wrbtrader> werber - They're messing with you...they want you to freak out :)
[12:27:36] <werner> indd
[12:28:57] <wrbtrader> Autrader...if you're talking to me...if was simply Shorting each time it drifted down into the range of a prior long shadow interval...when price got near the lows
[12:29:11] <wrbtrader> Its doing that again now while I'm Long :(
[12:29:27] <Autrader> It is messing around.
[12:29:40] <Autrader> Yes It was with you because I am just following the price and watching
[12:29:50] <wrbtrader> maybe my stops were too tight (easy to pick off)...don't know
[12:29:59] <Autrader> but cant interpretate the short entry at that moment.
[12:30:25] <wrbtrader> Yet, similar problem on the Long position...
[12:30:34] <wrbtrader> price stuck in this 1.50 range
[12:30:36] <Autrader> Contraction
[12:30:42] <wrbtrader> Yes, exactly
[12:30:55] <werner> gogo
[12:31:16] <wrbtrader> Emini NQ futures moving higher...fighting its way back above the contraction intervals
[12:31:25] <wrbtrader> Emini ES doing the same now too
[12:31:39] <wrbtrader> makes it a small WRB pt1 :(
[12:32:51] <wrbtrader> Exited all Emini ES Long @ 2440.25 --> + 0.25
[12:32:53] <wrbtrader> All that stress to get a small profit :(
[12:33:03] <wrbtrader> maybe time to take a break
[12:33:20] <wrbtrader> be back in a little while
[12:35:27] <winmax60> short es@2439.50
[12:37:37] <werner> Exited all Emini NQ Long @ 5819.50 --> - 0.75
[12:39:52] <winmax60> exit @2439.75 -0.25 :-(
[12:41:30] <werner> Long Emini NQ @ 5825.50
[12:42:35] <werner> djeez
[12:42:47] <werner> gogo
[12:42:59] <werner> punks
[12:44:34] <werner> Exited all Emini NQ Long @ 5824.00 --> - 1.5
[12:45:35] <werner> punks
[12:48:33] <werner> Long Emini NQ @ 5826.25
[12:49:13] <werner> djeez ...
[12:50:22] <werner> Exited all Emini NQ Long @ 5829.25 --> + 3
[12:51:31] <werner> grrr punks
[12:53:39] <werner> i need a vacation...my son is in thailand and has the time of his live ....jungle diving ect..ect
[12:54:08] <werner> motocycle...
[13:00:51] <werner> https://www.google.nl/search?q=khao+sok ... 65&bih=675
[13:01:56] <werner> https://www.google.nl/search?client=fir ... isfF9Hwo0E
[13:02:55] <werner> ko tao diving
[13:04:05] <werner> https://www.google.nl/search?q=ko+tao+d ... 65&bih=675
[13:04:10] <Autrader> https://www.tahiti.com/images1/gallery/ ... _29546.jpg
[13:04:18] <Autrader> this one is looks great aswell.
[13:04:41] <werner> now he is here diving ...
[13:04:53] <Autrader> awesome
[13:06:27] <werner> wow ..tahiti :)
[13:07:15] <Autrader> look at that
[13:07:16] <Autrader> http://planetden.com/wp-content/uploads ... ra-207.jpg
[13:09:50] <werner> wow nice
[13:25:39] <winmax60> price is testing a resistance area... :-)
[13:27:39] <werner> bbl
[13:27:43] <Autrader> https://www.google.com.au/url?sa=i&rct= ... 2101363068
[13:41:43] <Autrader> bye guys. 3.42 am here
[14:11:13] <wrbtrader> Shorts Emini ES @ 2439.00 -> small size
[14:11:22] <wrbtrader> 5 contracts
[14:12:46] <wrbtrader> WRB pt1 reached
[14:13:33] <wrbtrader> Covered all Emini ES Short @ 2437.75 --> + 1.25
[14:25:46] <wrbtrader> Shorts Emini ES @ 2439.00 -> small size
[14:25:53] <wrbtrader> re-entry
[14:26:40] <wrbtrader> Its trying to bounce back up again :(
[14:26:57] <wrbtrader> looks like I got trapped in some funky chop
[14:27:47] <wrbtrader> Key markets not insync espeically when looking at the price action of Emini RTY futures
[14:30:09] <wrbtrader> Covered all Emini ES Short @ 2439.00 --> 0
[14:30:30] <wrbtrader> still bouncing around
[14:41:28] <wrbtrader> Shorts Emini ES @ 2439.50 -> small size
[14:42:38] <wrbtrader> re-entry
[14:42:53] <wrbtrader> 5 contracts
[14:43:09] <wrbtrader> doesn't seem like it wants to bounce around
[14:43:22] <wrbtrader> may get lucky and catch a little direction
[14:45:05] <wrbtrader> Emini RTY futures not insync with the other Emini futures
[14:45:30] <wrbtrader> When it decides to get on the same page...the chop will stop
[14:47:20] <wrbtrader> WRB pt1 reached
[14:47:35] <wrbtrader> Covered all Emini ES Short @ 2438.25 --> + 1.25
[14:48:29] <wrbtrader> That WRB pt1 formed inside the range (near the lows) of a prior Long Lower Shadow interval
[14:49:18] <wrbtrader> Price action has been bouncing off of that Long Lower Shadow interval for about 30 minutes
[14:52:43] <wrbtrader> wow
[14:53:01] <wrbtrader> Emini RTY futures just took off northward...breakout
[14:54:15] <wrbtrader> Weird funky price action this afternoon trading session
[14:56:46] <wrbtrader> Repair shop just called me and said they ordered the wrong screen for my laptop. Thus, I won't be getting it back tomorrow but next week by Thursday :(
[14:57:11] <wrbtrader> Wednesday if I'm lucky
[15:13:36] <winmax60> looks like bulls trying once more... will they win? or lose down to previous low of the day.
[15:52:03] <wrbtrader> Price action looks a little lost going into the 4pm rush hour traffic although there hasn't been much excitement going into the 4pm regular session close for 2017
[15:57:06] <wrbtrader> Long Emini ES @ 2438.00 -> small size
[15:57:14] <wrbtrader> 2 contracts
[15:58:02] <wrbtrader> Emini RTY futures looks strange in its price action
[15:58:12] <wrbtrader> Emini ES futures bouncing aroung now
[15:59:06] <wrbtrader> Exited all Emini ES Long @ 2438.00 --> 0
[15:59:37] <wrbtrader> Now that I'm out...a long upper shadow interval appears :(
[15:59:52] <wrbtrader> Wished it showed up when I was in the trade :(
[16:01:10] <wrbtrader> Should'uv, could'uv held that 15 seconds longer...I would have caught the surge in volatility rising up that Long Upper Shadow interval
[16:01:20] <wrbtrader> maybe next time
[16:01:55] <wrbtrader> Take care all and see all tomorrow although I may take a rest tomorrow because I traded aggressively today.
[23:37:01] * Disconnected
Session Close: Thu Aug 24 23:37:01 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.

Quote:
The free chat room is not a signal calling trading room and we do not believe in the business model of a head trader telling other traders when to buy and sell. Its a flawed approach to trading in which a trader can not learn how to be a successful independent trader.

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 CME Emini RTY Futures (formerly ICE TF)

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.

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 Qu├ębec, Canada in eastern daylight time

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body/wide range bar analysis)
a.k.a. wrbtrader (more info about me): http://www.thestrategylab.com/wrbtrader.htm
TheStrategyLab 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 (24/7)
http://twitter.com/wrbtrader (24/7)
http://stocktwits.com/wrbtrader (24/7)


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