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.htmTheStrategyLab Reviews:
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167 &
http://www.thestrategylab.com/thestrategylab-reviews.htmBusiness 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.
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:
010318-Key-Price-Action-Markets.png [ 1022.61 KiB | Viewed 312 times ]
click on the above image to view today's price action of key markets ##TheStrategyLab Archive Chat Logs Session Start: Wed Jan 03 09:29:31 2018
Session Ident: ##TheStrategyLab
[09:29:31] * Now talking in ##TheStrategyLab
[09:29:32] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:48:42] * ChanServ sets mode: +o wrbtrader
[09:49:45] <@wrbtrader> Good morning Trendtrader and all
[10:18:18] <@wrbtrader> Straight up the Emini futures went but now they're starting to contract
[10:32:55] <@wrbtrader> Long Emini ES @ 2706.75 -> large size
[10:33:04] <@wrbtrader> 10 contracts
[10:33:35] <@wrbtrader> I'm late to the show (strong uptrend) today because of family distractions
[10:35:09] <@wrbtrader> Exited all Emini ES Long @ 2707.50 --> + 0.75
[10:36:05] <@wrbtrader> Distractions occurred @ the trade signal I missed @ 2698.00
[10:36:20] <@wrbtrader> It's going to be one of those days for me
[10:36:25] <@wrbtrader> be back later
[11:18:31] <werner1> hi wrbtrader, all
[11:18:50] <werner1> sorry am late ...brb
[11:45:09] <@wrbtrader> There's a lot of contraction in the volatility since the strong up movement out of the gate of the regular session open
[11:45:30] <@wrbtrader> Many see this contraction as a price pullback
[11:46:01] <@wrbtrader> That's true but it needs to remain above its most recent reaction low of that pullback
[12:21:30] <@wrbtrader> Hey werner, I missed the entire up move except the last 1 point before the pullback
[12:39:32] <@wrbtrader> Long Emini ES @ 2708.75 -> small size
[12:39:40] <@wrbtrader> 2 contracts
[12:46:47] <@wrbtrader> Exited all Emini ES Long @ 2709.50 --> + 0.75
[12:47:27] <@wrbtrader> WRB pt1 reached
[12:47:42] <@wrbtrader> volatility still contracting but price is still rising
[13:13:35] <werner1> back
[13:19:03] <werner1> always tuff concetration , when i mist the first part of the day
[13:19:21] <werner1> concentration
[13:36:12] <@wrbtrader> Same here...if I miss the morning action...very tough to concentrate on trading in the afternoon because I don't have that understanding of the live price action from the morning
[13:37:04] <@wrbtrader> Shorts Emini ES @ 2709.75 -> small size
[13:37:04] <werner1> indd
[13:37:16] <@wrbtrader> 2 contracts
[13:38:42] <@wrbtrader> I just realized I Shorted the S area of the most recent Up WRB Hidden GAP interval
[13:38:49] <@wrbtrader> usually a tough trade for me
[13:43:04] <@wrbtrader> Covered all Emini ES Short @ 2708.00 --> + 1.75
[13:43:12] <@wrbtrader> WRB pt1 reached
[13:43:17] <werner1>
[13:45:30] <werner1> I have read your auto biography.... very interesting
thanks for sharing
[13:46:10] <@wrbtrader> Its always been there on an old webpage at the forum but never upfront on the website
[13:46:38] <werner1> never seen that
[13:47:17] <@wrbtrader> Yet, after some people (trolls) lied and said I was Japanese, Muslim, Haitian Canadia, Chinese and Austrailan...
[13:47:53] <werner1> yeah i have read that
[13:47:59] <@wrbtrader> I moved the contents from the old chat message posts to the front on the website
[13:52:06] <@wrbtrader> Family becoming more diverse...brother is married to a German. Sister is married to an Italian.
[13:52:26] <@wrbtrader> Mom stated she's having problem keeping up with all the different languages
[13:52:41] <werner1> lol
[13:53:57] <@wrbtrader> Recently, because of my own hospitalization fall of 2016...
[13:54:22] <@wrbtrader> I got to first hand see the costs of the U.S. versus France & Canada
[13:54:58] <@wrbtrader> My hospitalization & rehab would have cost nearly 1 million dollars in the U.S.
[13:55:24] <@wrbtrader> I didn't pay a penny in Canada & France
[13:56:59] <@wrbtrader> Health care costs in the U.S. is outrageous
[13:58:54] <werner1> yeah ...here also very expensive
[13:59:41] <@wrbtrader> Gotta stay healthy as long as possible
[13:59:55] <werner1> indd
[15:46:01] <werner1> no trade for me today....cya all
[15:47:11] <werner1> tomorrow i wil be here at the open
[15:59:16] <@wrbtrader> Shorts Emini ES @ 2713.00 -> small size
[15:59:26] <@wrbtrader> 1 contract
[16:00:19] <@wrbtrader> Emini NQ increasing volatility into the 4pm est rush hour close
[16:09:02] <@wrbtrader> not sure why I'm still holding this trade just to try to get another few ticks
[16:11:39] <@wrbtrader> Covered Emini ES Short @ 2712.50 --> + 0.5
[16:11:43] <@wrbtrader> Take care all and see all tomorrow
[21:57:00] * Disconnected
Session Close: Wed Jan 03 21:57:01 2018
-------------------------
##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 and its a flawed substitution for mentoring 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:
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.htmReview of TheStrategyLab
@ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167TheStrategyLab Review
@ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167 &
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.htmTheStrategyLab 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)