##TheStrategyLab Price Action Chat Room Logs

Price Action Trading (no technical indicators)
Free Chat Room: http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164
M.A. Perry a.k.a. wrbtrader (more info about me): http://www.thestrategylab.com/wrbtrader.htm
TheStrategyLab Reviews: http://www.thestrategylab.com/thestrategylab-reviews.htm
Business Hours: 8am - 5pm est (Mon - Fri)
Phone: +1 708 572-4885
wrbanalysis@gmail.com (24/7)
Twitter @ http://twitter.com/wrbtrader (24/7)
Stocktwits @ 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 (simulator or real money) in a timestamp environment after you've received confirmation from your broker trade execution platform. Simply, 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, day trader, trend trader or range 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. This is not a live 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 as a trade journal for members to document their own trades. 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.


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


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

##TheStrategyLab Archive Chat Logs

Session Start: Mon Nov 20 09:31:12 2017
Session Ident: ##TheStrategyLab
[09:31:12] * Now talking in ##TheStrategyLab
[09:31:12] * 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'
[09:31:12] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:31:15] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:33:42] <Tigerman______> all
[09:33:51] <wrbtrader> Good morning
[09:40:01] <werner> all
[09:41:34] <wrbtrader> Long Emini ES @ 2580.00 -> large size
[09:41:49] <wrbtrader> 10 contracts
[09:43:25] <wrbtrader> Exited all Emini ES Long @ 2579.25 --> - 0.75
[09:50:24] <Tigerman______> cunfusing price action so far
[09:50:44] <Tigerman______> or better not enought momentum
[09:50:59] <Tigerman______> did some fast trade at a loss now
[09:52:59] <Tigerman______> no important news today
[09:53:04] <Tigerman______> weak monday
[09:53:14] <Tigerman______> just bce talk
[09:54:17] <wrbtrader> CB Leading Index KME @ 1000am est
[09:54:26] <wrbtrader> I don't know what the hell that is
[09:55:37] <wrbtrader> Investopedia explanation @ https://www.investopedia.com/terms/c/cb ... -index.asp
[09:55:39] <Tigerman______> ah yeah it gives weak impact just 10 economic indicators
[09:56:09] <wrbtrader> Emini ES futures now traversing down the range of a Long Lower Shadow interval
[09:57:21] <wrbtrader>
[09:57:51] <Tigerman______> not enoght momentum ... simply algos control price now
[09:58:14] <Tigerman______> we need stronh partecipants
[09:58:19] <Tigerman______> strong
[10:16:42] <Tigerman______> ranging and contracting action in e-minies
[10:17:01] <Tigerman______> avoid enter also after some loss is my strenght )
[10:17:36] <Tigerman______> I mean refuse temptetaion to revenge trades
[10:21:17] <wrbtrader> I usually associate revenge trades with emotional trading
[10:21:44] <wrbtrader> Very easy to get stuck in such in 2017 with the strange price action
[10:22:26] <Tigerman______> yeah exactly... simply want recup our previous loss is a dangerous things
[10:22:43] <Tigerman______> when of course we have no signals
[10:22:43] <wrbtrader> scale in
[10:22:48] <wrbtrader> Long Emini ES @ 2580.25 -> large size
[10:23:31] <wrbtrader> 10 contracts
[10:23:53] <wrbtrader> Emini YM traversing up the range of its most recent Long Upper Shadow interval
[10:24:21] <wrbtrader> WRB pt1 reached but not able to grab it
[10:25:01] <wrbtrader> Exited 1/2 Emini ES Long @ 2580.75 --> + 0.5
[10:25:51] <wrbtrader> Exited Remainder Emini ES Long @ 2580.75 --> + 0.5
[10:26:15] <wrbtrader> not sure if I could have held that longer
[10:26:43] <wrbtrader> Didn't see any volatility come into Emini ES with other key markets trying tot do the same
[10:28:36] <Tigerman______> wrbtrader... I think most traders are busy with black friday purchase
[10:28:46] <wrbtrader> Emini NQ futures rolled over south
[10:29:01] <wrbtrader> This Friday is black friday purchase or the past Friday
[10:29:28] <Tigerman______> this friday
[10:30:05] <wrbtrader> I need to buy some computer related equipment but Amazon recently changed their payment process
[10:30:30] <wrbtrader> They no longer accept PayPal
[10:31:01] <wrbtrader> They have their own payment called Amazon Payment
[10:31:09] <Tigerman______> ah... usually I use prepay card
[10:31:17] <wrbtrader> Can't figure out how to set it up
[10:31:43] <wrbtrader> Will call them today for help to set it up
[10:32:13] <Tigerman______> in contrast Amazon has now prime and video prime
[10:33:11] <Tigerman______> wrbtrader... thinking about Amazon I recall when they only sell books
[10:33:31] <Tigerman______> one of my first purchase was a trading book
[10:33:43] <Tigerman______> now they sell everything
[10:35:37] <Tigerman______> volatility intruments pushing lower with some momentum in contrast e-minies more range bound
[10:36:00] <Tigerman______> also thanks giving week
[10:36:25] <Tigerman______> I repeat peopple seems busy pick up best deal in their shoping
[10:54:50] <wrbtrader> Long Emini ES @ 2581.00 -> large size
[10:55:00] <wrbtrader> scale in
[10:55:08] <wrbtrader> tough price area
[10:56:22] <wrbtrader> Just when I enter and saw some volatility...
[10:56:28] <wrbtrader> It quickly dries up
[10:57:17] <wrbtrader> Emini ES needs help from other key markets
[10:58:00] <wrbtrader> If volatility dries up now...I don't think it'll come back for the rest of the trading day unless something happens like "breaking news"
[10:59:33] <wrbtrader> Exited 1/2 Emini ES Long @ 2581.25 --> + 0.25
[11:00:33] <wrbtrader> didn't plan that scale out...just lost my patience
[11:02:37] <wrbtrader> Exited Remainder Emini ES Long @ 2581.00 --> 0
[11:02:43] <wrbtrader> tough
[11:06:19] <wrbtrader> Long Emini ES @ 2581.50 -> small size
[11:06:27] <wrbtrader> 3 contracts
[11:07:03] <wrbtrader> It keeps trying to punch above the 2581.50 on very little volatility
[11:07:49] <Tigerman______> if we got up spike here it can climb a bit higher
[11:07:54] <wrbtrader> Good time to start decreasing my position size...price action just having too much difficulty in its movement
[11:08:09] <Tigerman______> ugly action so far
[11:08:32] <Tigerman______> most of my trading instruments off sync
[11:08:54] <Tigerman______> algos activity and no external will to enter with size
[11:09:08] <Tigerman______> simply tough action
[11:09:41] <Tigerman______> I take back my loss now
[11:09:58] <Tigerman______> exploit this last vola run up
[11:10:07] <Tigerman______> say vola is a big word
[11:11:32] <wrbtrader> strange movement back upwards
[11:12:06] <Tigerman______> it was what I waiting for
[11:12:22] <Tigerman______> many vola instruments break up
[11:12:34] <Tigerman______> VIX in contrast on his own
[11:14:09] <wrbtrader> Emini YM futures seems to be the only one today that has the best WRB Analysis and its stable (not acting like its stuck in mud)
[11:15:01] <wrbtrader> Exited all Emini ES Long @ 2582.25 --> + 0.75
[11:16:14] <Tigerman______> yeah agree in contrast Nq is tight and weak today
[11:20:43] <wrbtrader> I know most of this uptrend begin in the overnight price action but I was surprise it didn't have more volatility for continuation instead of this "hide n seek" type of volatility crap
[11:36:23] <wrbtrader> I won't be shorting Emini ES futures until Emini YM futures is weak like Emini NQ futures
[11:36:58] <wrbtrader> I want everybody (NQ, ES, RTY, EMD) on the same page
[11:56:27] <Tigerman______> take care all see tomorrow
[12:20:05] <wrbtrader> Shorts Emini ES @ 2581.00 -> small size
[12:20:16] <wrbtrader> 2 contracts
[12:23:32] <wrbtrader> volatility slowly increasing
[12:23:46] <wrbtrader> Especially in Emini NQ futures
[12:24:13] <wrbtrader> Emini YM futures break below the S area of its recent contracting volatility intervals
[12:25:35] <wrbtrader> Covered all Emini ES Short @ 2580.00 --> + 1
[12:25:37] <wrbtrader> WRB pt1 reached
[12:52:52] <werner1> Long Emini NQ @ 6313.50
[12:53:06] <werner1> Exited all Emini NQ Long @ 6314.75 --> + 1.25
[15:06:13] <werner1> Long Emini NQ @ 6316.25
[15:09:59] <werner1> Exited all Emini NQ Long @ 6316.25 --> 0
[15:10:24] <werner1> ...too greedy here....djeez
[15:28:09] <werner1> what a mess
[15:32:39] <wrbtrader> I'm surprise it fell below the support of the most recent reaction lows
[15:33:28] <wrbtrader> Shorts Emini ES @ 2580.75 -> small size
[15:33:51] <wrbtrader> Emini Es futures moving down the range of its most recent Long Lower Shadow interval
[15:34:01] <wrbtrader> 2 contracts
[15:35:04] <wrbtrader> WRB pt1 reached @ 2580.25
[15:35:12] <wrbtrader> Covered all Emini ES Short @ 2580.25 --> + 0.5
[15:35:24] <wrbtrader> small but still a WRB pt1
[15:39:27] <werner1> nasty snap backs zero follow true
[15:39:43] <wrbtrader> agree
[15:40:25] <wrbtrader> Its those snapbacks that have increased by 67% in 2017
[15:41:01] <wrbtrader> Primary reason why I designed a new strategy involving trading those Long Shadow (snapback) intervals
[15:41:40] <wrbtrader> Not the snapback itself but trading the price action in the range of those snapback intervals
[15:42:09] <wrbtrader> Adaptation or variation of the DCM trade strategy
[15:43:52] <werner1> DCM?
[15:44:56] <wrbtrader> This is why the documentaton of WRB Analysis is so important...knowing the statistics of things like WRBs, WRB Hidden GAPs, reaction highs/lows, long shadow intervals, Zones and such
[15:45:58] <wrbtrader> After I got out of the hospital...I had to spend a few weeks doing the stats to try to figure out what was going on and then when 2017 hit...I saw more of those Long Shadow intervals
[15:46:10] <wrbtrader> DCM is at the forum
[15:46:21] <werner1> ok tx
[15:47:16] <wrbtrader> Emini YM futures trying to traverse down the range of its most recent Long Lower Shadow interval
[15:48:21] <werner1> Long Emini NQ @ 6311.00
[15:50:59] <werner1> Exited all Emini NQ Long @ 6313.50 --> + 2.5
[15:51:48] <werner1> wow again a very fast snapback
[15:52:02] <werner1> nuts
[15:52:08] <wrbtrader> Its hard
[15:52:27] <wrbtrader> Shorts Emini ES @ 2580.50 -> small size
[15:52:40] <wrbtrader> 3 contracts
[15:55:00] <wrbtrader> Covered all Emini ES Short @ 2580.75 --> - 0.25
[15:55:16] <wrbtrader> YM still ...
[15:55:30] <wrbtrader> Emini NQ futures not
[15:55:39] <wrbtrader> Emini ES just not breaking down
[15:58:24] <werner1> i see a big short shadow interval @ 3 min nq.... do you short in this kind of candle?
[15:58:28] <wrbtrader> Emini RTY pushing upwards
[15:59:19] <wrbtrader> werner1...only if other Eminis are helping by trying to push downward
[15:59:31] <werner1> agree
[16:00:58] <wrbtrader> ding ding ding
[16:01:04] <werner1> yep
[16:01:25] <wrbtrader> Take care all and see all tomorrow
[16:01:40] <werner1> dito
[18:13:54] * Retrieving ##TheStrategyLab modes...
[19:55:38] * Disconnected
Session Close: Mon Nov 20 19:55:38 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

CME Emini RTY Futures (formerly ICE TF)

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.

Disclaimer: Today's trading performance is not an indication of my future performance and not an indication of the future performance for any trader that decides to learn/apply WRB Analysis. The risk of loss can be substantial. Therefore, you must carefully consider if trading is suitable for you within the context of your financial condition. TheStrategyLab.com is an education and research site. The resources on this site are provided for informational purposes only and should not be used to replace professional educational and professional research because we are retail traders only. TheStrategyLab.com does not accept liability for your use of the website and its resources.

We make no guarantees of success and your level of success is dependent upon other factors including your skill as a trader, knowledge, financial condition, market conditions and other factors. Trading is stressful and you should always consult a doctor in all matters relating to physical and mental health of you and your family because trading can impact beyond your financial condition regardless if you're a profitable or losing trader.

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)
a.k.a. wrbtrader (more info about me): http://www.thestrategylab.com/wrbtrader.htm
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)
Twitter @ http://twitter.com/wrbtrader (24/7)
Stocktwits @ http://stocktwits.com/wrbtrader (24/7)