##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)
Telephone: +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 and you decide to not discuss WRB Analysis nor post any real-time information about how you're viewing the markets nor post real-time trades...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: Wed Nov 29 09:25:41 2017
Session Ident: ##TheStrategyLab
[09:25:41] * Now talking in ##TheStrategyLab
[09:25:41] * 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'
[09:25:41] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:25:42] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:33:41] <wrbtrader> Shorts Emini ES @ 2628.00 -> large size
[09:33:52] <wrbtrader> 10 contracts
[09:34:41] <wrbtrader> Crazy...just saw on TV the first time here in Canada a financial TV network talking about Bitcoin and hedge funds getting into the Cryptocurrency business
[09:35:00] <wrbtrader> Emini NQ currency volatility spike downwards
[09:35:09] <wrbtrader> Emini ES futures struggling behind
[09:36:01] <wrbtrader> Covered all Emini ES Short @ 2627.75 --> + 0.25
[09:36:33] <wrbtrader> This not insync price action is becoming more common out of the gate for about 30mins
[09:38:39] <wrbtrader> Shorts Emini ES @ 2628.50 -> large size
[09:38:47] <wrbtrader> 10 contracts
[09:39:49] <wrbtrader> Key markets still not insync but Emini ES futures has to catch up or else there'll be too much of an embalance or vice versa
[09:40:43] <wrbtrader> Covered all Emini ES Short @ 2629.00 --> - 0.5
[09:41:21] <wrbtrader> Emini ES futures pushing higher...too much of an imbalance in the correlations
[09:41:41] <wrbtrader> I'm now expecting Emini NQ futures to move back higher too
[09:44:55] <wrbtrader> Long Emini ES @ 2630.75 -> large size
[09:45:04] <wrbtrader> 10 contracts
[09:47:00] <wrbtrader> Exited all Emini ES Long @ 2630.25 --> - 0.5
[09:47:38] <wrbtrader> Shorts Emini ES @ 2630.00 -> large size
[09:48:23] <wrbtrader> 10 contracts
[09:49:06] <wrbtrader> geesh
[09:52:39] <wrbtrader> Covered all Emini ES Short @ 2631.25 --> - 1.25
[09:55:36] <wrbtrader> We got a VIX > 10
[09:55:43] <wrbtrader> That's good for 2017
[09:55:56] <wrbtrader> Yet the correlations are crazy negative today
[09:56:19] <wrbtrader> Its been a long time since I've seen it this "bad"
[09:56:59] <wrbtrader> Long Emini ES @ 2632.00 -> large size
[09:57:08] <wrbtrader> 10 contracts
[09:58:04] <wrbtrader> wow
[09:58:06] <wrbtrader> crazy
[09:58:48] <wrbtrader> Exited all Emini ES Long @ 2634.00 --> + 2
[09:58:51] <wrbtrader> Big WRB pt1 reached on negative correlation
[09:59:03] <wrbtrader> I've NEVER seen this before
[10:03:51] <wrbtrader> Shorts Emini ES @ 2632.50 -> large size
[10:03:58] <wrbtrader> 10 contracts
[10:10:18] <wrbtrader>
[10:10:45] <wrbtrader> Covered all Emini ES Short @ 2632.25 --> + 0.25
[10:10:55] <Trendtrader> long es 2632.25 sim
[10:11:45] <wrbtrader> Emini ES futures has been doing very well today in bucking the correlations
[10:12:07] <wrbtrader> My biggest winner today was via following the negative correlation
[10:13:17] <wrbtrader> Shorts Emini ES @ 2632.00 -> large size
[10:13:27] <wrbtrader> 10 contracts
[10:14:25] <wrbtrader> Not sure if/when Emini futures will become correlated again...its almost 1015am est...that's 45 mins of negative correlations
[10:14:49] <wrbtrader> I've never seen it go beyond 15 mins like this
[10:15:31] <wrbtrader> Will probably here later in the news the problem is a few big weighted stocks with some kind of earnings issue
[10:15:40] <wrbtrader> volatility spike
[10:15:56] <wrbtrader> Emini ES futures now suddenly (mysteriously) falling
[10:17:20] <wrbtrader> Covered all Emini ES Short @ 2627.00 --> + 5
[10:17:30] <wrbtrader> WRB pt1 reached
[10:17:39] <wrbtrader> Crazy day
[10:17:54] <wrbtrader> Actually...two consecutive crazy trading days
[10:18:13] <wrbtrader> I called it quits early yesterday after getting burnt out mentally
[10:19:27] <wrbtrader> One thing I've learned about these types of strange price reactions...something big in the market will happen...
[10:19:31] <wrbtrader> Soon.
[10:20:14] <wrbtrader> Shorts Emini ES @ 2627.00 -> small size
[10:20:23] <wrbtrader> 2 contracts
[10:20:49] <wrbtrader> Covered all Emini ES Short @ 2627.50 --> - 0.5
[10:20:55] <wrbtrader> geeesh
[10:21:35] <wrbtrader> Shorts Emini ES @ 2627.00 -> small size
[10:21:42] <wrbtrader> re-entry
[10:22:02] <wrbtrader> Have a few Long Shadows here...Up and Down
[10:22:55] <wrbtrader> Covered all Emini ES Short @ 2626.50 --> + 0.5
[10:22:58] <wrbtrader> I think today is going to be another "early quit" day
[10:23:45] <wrbtrader> Days like today...back in the late 1990s...dot.com days
[10:23:58] <wrbtrader> I refer to as "blow up" trading days if not careful
[10:24:23] <wrbtrader> Too many trader overleverage or abusing their margin
[10:27:36] <Trendtrader> exit all es long 2625.25 -7 sim
[10:29:46] <Trendtrader> that's a pretty aggressive move down
[10:37:09] <wrbtrader> strongly agree
[10:37:52] <wrbtrader> Long Emini ES @ 2630.00 -> small size
[10:37:59] <wrbtrader> 3 contracts
[10:38:36] <wrbtrader> Crazy...Emini ES futures trying to retrace back upwards...filling in the Down WRB Hidden GAP intervals
[10:39:28] <wrbtrader> Exited all Emini ES Long @ 2630.00 --> 0
[10:39:49] <wrbtrader> should have held that
[10:39:53] <wrbtrader>
[10:45:57] <wrbtrader> Shorts Emini ES @ 2629.00 -> small size
[10:46:03] <wrbtrader> 3 contracts
[10:47:09] <wrbtrader> Covered all Emini ES Short @ 2627.75 --> + 1.25
[10:47:22] <wrbtrader> another sudden strange rollover
[10:47:47] <wrbtrader> I'm surprise volatility is not > 12 today
[10:48:25] <wrbtrader> Yet, because the key markets are not insync with the volatility movements...that could be the reason why volatility is still low
[10:49:08] <wrbtrader> I think if they were correlated in their movements...the VIX would be much higher even though its only involved with the CBOE
[10:58:04] <wrbtrader> Shorts Emini ES @ 2626.00 -> small size
[10:58:29] <wrbtrader> 5 contracts
[10:58:31] <wrbtrader> wild
[10:59:03] <wrbtrader> Covered all Emini ES Short @ 2626.25 --> - 0.25
[10:59:27] <wrbtrader> not sure how that rollover south snuck by me around 2627.00
[11:00:31] <wrbtrader> Shorts Emini ES @ 2626.25 -> small size
[11:00:40] <wrbtrader> re-entry 5 contracts
[11:01:06] <wrbtrader> Emini futures back to a positive correlation on their volatility movements
[11:02:36] <wrbtrader> Covered all Emini ES Short @ 2625.00 --> + 1.25
[11:02:54] <wrbtrader> Just got the headaches again...
[11:03:06] <wrbtrader> I'm calling it quits early today.
[11:03:14] <wrbtrader> Take care and see all tomorrow
[11:19:35] <Werner> hi all ...late
[11:27:56] <Werner> wow taht vola
[11:27:59] <Werner> that
[11:29:26] <Werner> gap close nq 60 min
[11:36:02] <Werner> Long Emini NQ @ 6315.75
[11:36:35] <Werner> Exited all Emini NQ Long @ 6321.00 --> + 5.25
[11:36:57] <Werner> wrb pt1
[14:15:22] <Tigerman______> hi all
[14:46:35] <Tigerman______> slow action now
[14:46:53] <Tigerman______> that not surprise me
[14:47:00] <Werner> hi tigerman
[14:47:05] <Tigerman______> hi werner
[14:53:06] <Tigerman______> lg es 2624.75
[14:53:13] <Tigerman______> small
[14:54:23] <Tigerman______> exit all 24.50 -1 tk
[15:03:53] <Tigerman______> sh es 2624
[15:06:01] <Werner> Shorts Emini NQ @ 6308.50
[15:06:18] <Werner> Covered all Emini NQ Short @ 6305.50 --> + 3
[15:06:29] <Werner> wrb pt1
[15:08:50] <Tigerman______> exit all @ 23.75 + 1 tk
[15:09:09] <Tigerman______> price not going anywhere
[15:10:02] <Tigerman______> I just load some chart to set up some note
[15:10:15] <Tigerman______> simply not a great time to trade now
[15:10:43] <Werner>
[15:10:57] <Werner> i mist the open
[15:11:12] <Werner> late at the desk:(
[15:11:33] <Tigerman______> I do not care anymore these things
[15:11:57] <Werner> maybe more selling below 6300 nq
[15:13:50] <Werner> Shorts Emini NQ @ 6304.00
[15:15:59] <Werner> Covered all Emini NQ Short @ 6296.00 --> + 8
[15:17:38] <Tigerman______> sh es 2622.25
[15:17:44] <Tigerman______> a floor here
[15:18:47] <Tigerman______> loq liquidity in es
[15:19:36] <Tigerman______> exit all @ 2622 +1 tk
[15:34:42] <Werner> Long Emini NQ @ 6309.50
[15:35:19] <Werner> Exited all Emini NQ Long @ 6316.00 --> + 6.5
[15:39:56] <Tigerman______> lg es 2624.50
[15:41:36] <Werner> done here ...cya all....
[15:41:46] <Tigerman______> cya
[15:42:09] <Tigerman______> exit all # 24.35 - 1 tk
[15:42:20] <Tigerman______> all trades small size
[15:50:53] <Tigerman______> lg es 2625
[15:52:05] <Tigerman______> exit all @ 2625.50 +2 tk
[15:52:53] <Tigerman______> take care all see next time
[22:26:31] * Disconnected
Session Close: Wed Nov 29 22:26:31 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. Also, you can read our full disclaimer statement @ http://www.thestrategylab.com/Disclaimer.htm

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)