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 Post subject: March 14th Wednesday - Futures, Forex, Stocks and ETF
 Post Posted: Thu Mar 15, 2018 8:22 am 
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Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
Location: Canada
TheStrategyLab 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/tsl/forum/viewtopic.php?f=84&t=3167 & 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 use the free chat room as a trade journal of your trades via you posting WRB Analysis of the price action you see on your monitors, posting price action analysis, ask real-time questions about WRB Analysis or posting 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 their 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 their trade methods to improve the performance of their trade methods regardless if they'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


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

[09:22:07] * Now reviewing chat logs for ##TheStrategyLab
[09:22:07] -ChanServ- [##TheStrategyLab] Chat room for day traders, swing traders, position traders using concepts from WRB Analysis to help improve the performance of their trade signal strategies. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[09:22:07] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:29:56] <Tigerman______> good morning all
[09:32:13] <wrbtrader> Good morning all
[09:35:23] <Tigerman______> sh ES 2778.25
[09:36:13] <Tigerman______> exit 2/3 @ 2777.70 +3 tk
[09:36:25] <Tigerman______> exit all @ 77 +5tk
[09:36:40] <Tigerman______> price run inside today gap
[09:37:27] <wrbtrader> Shorts Emini ES @ 2776.25 -> large size
[09:37:34] <wrbtrader> 10 contracts
[09:37:48] <wrbtrader> early entry before confirmation
[09:38:32] <wrbtrader> Covered all Emini ES Short @ 2775.50 --> + 0.75
[09:39:02] <wrbtrader> Shorts Emini ES @ 2775.00 -> large size
[09:39:10] <wrbtrader> re-entry
[09:39:14] <wrbtrader> 10 contracts
[09:40:21] <Tigerman______> IWM filled its gap
[09:41:59] <wrbtrader> Covered all Emini ES Short @ 2773.25 --> + 1.75
[09:42:10] <wrbtrader> not a WRB pt1
[09:42:15] <wrbtrader> tight trail stop hit
[09:48:45] <wrbtrader> Shorts Emini ES @ 2774.00 -> large size
[09:48:56] <wrbtrader> 10 contracts
[09:49:17] <wrbtrader> increasing volatility below the low of the most recent reaction low
[09:50:23] <wrbtrader> entry just above the reaction low
[09:51:09] <Tigerman______> SH ES 2772.50
[09:51:36] <Tigerman______> exit 2/3 @ 72.25
[09:51:48] <Tigerman______> exit 1/3 @ 72 +2 tk
[09:51:52] <wrbtrader> Covered all Emini ES Short @ 2773.50 --> + 0.5
[09:52:10] <wrbtrader> trail stop pick pocketed
[09:52:19] <wrbtrader> two in roll :(
[09:53:02] <Tigerman______> yeah wrbtrader.. I noted these days price retrace fast after most of the moves
[09:53:16] <wrbtrader> price action retested the most recent reaction high
[09:54:14] <Tigerman______> news @ 10am and oil inv @ 10:30am
[10:07:44] <wrbtrader> Shorts Emini ES @ 2776.50 -> large size
[10:07:59] <wrbtrader> 10 contracts scaled in
[10:08:32] <wrbtrader> tough trade because the volatility has alread started contracting
[10:10:08] <wrbtrader> Emini ES futures retested the R area of the most recent Up WRB Hidden GAP interval
[10:10:13] <wrbtrader> now below it
[10:10:24] <wrbtrader> WRB pt1 reached
[10:12:04] <wrbtrader> S area being retested now
[10:12:27] <wrbtrader> Covered all Emini ES Short @ 2773.00 --> + 3.5
[10:13:59] <wrbtrader> volatility still increasing
[10:15:45] <wrbtrader> The failed counter-thrust back upwards was sneaky and then the failure picked up steam going back down on the increasing volatility
[10:35:49] <wrbtrader> another counter-thrust failure trying to setup
[10:36:07] <wrbtrader> Shorts Emini ES @ 2769.75 -> small size
[10:36:17] <wrbtrader> 3 contract
[10:38:53] <wrbtrader> Covered all Emini ES Short @ 2768.50 --> + 1.25
[10:41:41] <wrbtrader> Most of my trades today have been trail stop pick pocketed
[10:43:36] <wrbtrader> Emini YM looks weak
[10:44:02] <wrbtrader> that weakness sets up the other Emini futures weakness
[10:45:06] <Tigerman______> contracting in ES from 10:20am
[10:45:19] <Tigerman______> many long shadow
[10:47:57] <wrbtrader> Long Emini ES @ 2772.25 -> small size
[10:48:08] <wrbtrader> 3 contracts
[10:48:16] <wrbtrader> tought trade
[10:48:49] <wrbtrader> Price action not in the same direction of the most recent Long Upper Shadow interval
[10:50:46] <wrbtrader> Exited all Emini ES Long @ 2770.75 --> - 1.5
[10:53:36] <wrbtrader> Long Emini ES @ 2771.50 -> small size
[10:53:47] <wrbtrader> 3 contracts
[10:53:51] <wrbtrader> re-entry
[10:54:37] <wrbtrader> Exited all Emini ES Long @ 2770.25 --> - 1.25
[10:55:46] <wrbtrader> Long Emini ES @ 2772.25 -> small size
[10:55:56] <werner1> gm all
[10:55:58] <wrbtrader> re-entry
[10:56:03] <wrbtrader> 3 contracts
[10:56:21] <wrbtrader> getting shaken out of these Longs too easily
[10:57:55] <wrbtrader> Exited all Emini ES Long @ 2770.50 --> - 1.75
[10:58:39] <wrbtrader> Shorts Emini ES @ 2770.00 -> large size
[10:58:50] <wrbtrader> 10 contracts
[10:59:22] <wrbtrader> too many Long Upper Shadow intervals
[11:00:43] <wrbtrader> tough to trade the past 10 minutes
[11:01:29] <wrbtrader> now choppy
[11:01:33] <wrbtrader> :(
[11:03:21] <wrbtrader> WRB pt1 reached
[11:04:40] <wrbtrader> Covered all Emini ES Short @ 2766.75 --> + 3.25
[11:04:53] <werner1> :)
[11:19:11] <wrbtrader> toughest trade today
[11:20:02] <Tigerman______> ES near yesterday low while Nq stronger
[11:20:47] <Tigerman______> YM close its gap from some sessions ago
[11:21:24] <Tigerman______> in contrast VIX still inside a range
[11:22:20] <Tigerman______> XIV instrument is off my chart
[11:22:34] <Tigerman______> simply it doesn t trade anymore
[11:22:52] <Tigerman______> cause huge loss to investors
[11:23:21] <Tigerman______> mostly last hour wannabe speculators
[11:25:44] <werner1> Long Emini NQ @ 7066.00
[11:26:16] <werner1> Exited all Emini NQ Long @ 7071.00 --> + 5
[11:34:26] <wrbtrader> Shorts Emini ES @ 2764.50 -> small size
[11:34:35] <wrbtrader> 3 contracts
[11:34:46] <werner1> Shorts Emini NQ @ 7070.25
[11:35:26] <werner1> Covered all Emini NQ Short @ 7064.00 --> + 6.25
[11:36:18] <werner1> :( ...early extit
[11:36:28] <wrbtrader> Covered all Emini ES Short @ 2759.25 --> + 5.25
[11:36:35] <werner1> vn
[11:36:38] <wrbtrader> WRB pt1 reached
[11:36:53] <wrbtrader> Yeah...got help from the price action of Emini YM
[11:36:54] <werner1> nq too
[11:37:30] <werner1> wow
[11:37:51] <wrbtrader> I hate that type of increasing volatility
[11:38:09] <wrbtrader> Shows up after the WRB pt1 and after I've exited the position :(
[11:41:54] <werner1> mm maybe nq a cap close at +/-7000
[11:42:15] <werner1> 61.8 retrace also
[11:43:10] <Tigerman______> seems good a short under 2754 ES
[11:43:15] <wrbtrader> werner...is that a Fib ratio ?
[11:43:30] <werner1> yes
[11:47:55] <wrbtrader> ok...thanks
[11:48:36] <werner2> http://jmp.sh/a6eAuSI
[11:48:41] <werner2> test
[11:50:32] <werner1> hihi thats it
[11:51:00] <Tigerman______> problematic area hre
[11:51:15] <Tigerman______> I got some loss and small gain
[11:51:31] <Tigerman______> simply vola slow down
[11:52:21] <Tigerman______> i manage it with low size.. or better stay aside thats not easy to do I have to calm down my temper to overtrade
[11:52:35] <Tigerman______> I mean avoid overtrade
[11:53:21] <werner1> its a bounce at the trend down imo
[11:54:14] <werner1> intraday
[11:58:37] <werner1> Shorts Emini NQ @ 7052.50
[11:59:18] <werner1> Covered all Emini NQ Short @ 7048.00 --> + 4.5
[12:01:44] <wrbtrader> We've had 6 people register for access to the free chat room last month...
[12:01:55] <wrbtrader> Not one has shown up so far :(
[12:02:27] <wrbtrader> It's a pattern for the past 12 years...
[12:02:30] <Tigerman______> thats sounds absurd or incredible !!!
[12:02:41] <wrbtrader> 1 out of 6 shows up after registering
[12:04:09] <wrbtrader> I think it may be due to the "Welcome Email" I send then about the "terms of use policy" and norning that the chat room is NOT a signal calling trading room where some guru will tell them when to enter and when to exit
[12:04:34] <wrbtrader> norming = warning
[12:05:17] <wrbtrader> Thus, I'm guessing that too many people register because they think they can use the free chat room as a signal calling trade room
[12:05:36] <wrbtrader> Then when they realize I don't allow such...they don't show up
[12:05:58] <werner1> Let me tell you something ... it was not easy for me to come into your chat so I think most of them give up.
[12:06:16] <Tigerman______> wrbtrader...moltly think and view trading like a game or easy way to do money
[12:07:58] <wrbtrader> Ok...what do you mean "not easy" ?
[12:08:06] <wrbtrader> Log-in problems ???
[12:08:11] <werner1> my fellow traders back then .... did not take the time and the effort to meet your questions
[12:08:25] <wrbtrader> Ahh...ok
[12:08:58] <wrbtrader> The questions designed to keep out the trolls and not serious traders :)
[12:09:09] <werner1> i know
[12:09:18] <werner1> its good
[12:09:27] <wrbtrader> The requirements are more difficult today than they were when you first joined
[12:10:08] <werner1> indd
[12:10:14] <wrbtrader> I now require DOKs for tutorial chapters 1, 2 and 3 plus a broker statement (simulator or real money)
[12:11:08] <Tigerman______> wrbtrader... your requirement are easy!!!!!!!!!
[12:11:33] <Tigerman______> people outhere not so serious about trading
[12:11:47] <wrbtrader> Easy for a normal trader but not easy for someone that's not serious or just a troll
[12:12:27] <Tigerman______> yeah trouble maker never spend so much time to post Doks
[12:13:30] <werner1> it is not easy to get into your chat
[12:13:42] <wrbtrader> The DOKs ensure they understand the conversation in here about the basic WRB Analysis
[12:14:08] <wrbtrader> I remember many years ok when someone would log in and ask "What's a WRB" ?
[12:14:19] <wrbtrader> meant years ago
[12:15:02] <Tigerman______> what puzzle me is the others....
[12:15:16] <werner1> a number of people whom I have advised to go to your chat have turned out in connection with the many questions
[12:15:46] <wrbtrader> If someone doesn't know what is a WRB, WRB Hidden GAP, WRB Zone, KME, volatility spike, contracting volatility...basic WRB Analysis info
[12:16:02] <wrbtrader> I shouldn't have to explain it to them in here...a distraction to my own trading
[12:16:05] <Tigerman______> the others are the ones post Doks and never show up here or gone away after a short period
[12:16:36] <wrbtrader> Tigerman, I've recently determine why some show up for only 30 days and then stop...
[12:16:42] <werner1> people who do not come from the USA have to read it 10 times before they understand it
[12:17:08] <wrbtrader> I've installed mIRC on my new laptops and its stops working after 30 days
[12:17:24] <werner1> like me
[12:17:32] <wrbtrader> because I lost my license key for use on my new laptops
[12:17:50] <wrbtrader> mIRC license key that register's the program
[12:18:03] <Tigerman______> ok one ca use trillian
[12:18:07] <wrbtrader> Without purchase...the program stops working
[12:18:25] <wrbtrader> Yeah...that's where Trillian comes into play
[12:18:29] <wrbtrader> I guess they don't like it
[12:19:11] <Tigerman______> wrbtrader trillian or mirc most people do not talk a lot about market also when they are here
[12:19:32] <werner1> mmm
[12:20:04] <Tigerman______> many tell their own story
[12:20:04] <werner1> i think they are no full time traders
[12:20:25] <Tigerman______> no matters :)
[12:21:10] <werner1> most of them heve a job
[12:21:46] <werner1> and cant post in there boss there time
[12:21:47] <Tigerman______> it is odd a trading session without talk what happen in markets that day :)
[12:22:58] <Tigerman______> ok how can you learn trading while you working another job ?
[12:23:43] <wrbtrader> The chat room was started in a different environment than today.
[12:23:51] <werner1> there are few people who daily 10 hours a day and do not have work next to it
[12:24:12] <Tigerman______> yeah exactly different context years ago
[12:24:15] <wrbtrader> Today there's more part-time traders or traders trying to put on a few trades "from work" (at their real job)
[12:24:17] <werner1> 10 hours trade
[12:24:39] <werner1> indd
[12:24:43] <werner1> mark
[12:24:50] <Tigerman______> the point is...
[12:24:52] <wrbtrader> The chat room was started when there was full time traders
[12:25:26] <werner1> yeah ...there was....
[12:25:51] <Tigerman______> in this hard context ... is dangerous trade with just a trade here and there
[12:26:07] <wrbtrader> Yes...strongly agree
[12:26:34] <Tigerman______> is not trading is gambling or expensive hobby :)
[12:27:03] <Tigerman______> wrbtrader your work here is great
[12:27:38] <Tigerman______> few can understand what require be a real trader
[12:31:38] <Tigerman______> wrbtrader... what about a new visual video chat ?
[12:31:54] <Tigerman______> I know the problem was the log
[12:32:19] <Tigerman______> not sure if Fuze meeting or others add that
[12:32:37] <Tigerman______> simply we are Vintage here :)
[12:44:01] <werner1> what I want to say is ... it's hard for people to come into this chat ... I've had some problems in the past ... and I also had to sign up again after a couple of years ... .. my belief in you and your trading system has given me the perseverance to stay with you ... many others have the patience
[12:44:55] <werner1> have not
[12:46:31] <werner1> no fulll time traders.......
[12:47:59] <werner1> look at your people who log in on time every day
[12:48:25] <werner1> thats a FULLLLL TIME TRADER
[12:52:41] <werner1> there are 2 full time traders here in this chat and that is mark and werner .... every day on time
[12:53:12] <werner1> and at close
[12:54:41] <Tigerman______> hi werner what is your point ?
[12:56:18] <werner1> I hate people who show their face now and then and say how it should be done
[12:56:45] <werner1> thats my point
[12:59:53] <Tigerman______> werner... what mean " how it should be done ?
[13:01:37] <werner1> its ok ..
[13:03:05] <Tigerman______> trading is hard work .. not important if one trade 30min or 10 H :)
[13:06:15] <werner1> a full time trader is always at his desk....when mark says gn or if this or that i always see it....thats a ful time tarder ....till at the close market...
[13:09:10] <werner1> i am the only one here ...and mark that trade at the end
[13:09:16] <Tigerman______> ah ok you talk about trading hours I talk about dedicating many hours at trading also away from desk
[13:09:53] <Tigerman______> werner not every day wrbtrader stay till close :)
[13:10:22] <Tigerman______> regardless important is gain money :)
[13:11:01] <Tigerman______> if one can with 5min it is ok others can stay at desk 12 hours ..it is ok too :9
[13:12:52] <Tigerman______> take care all see next time
[13:15:12] <werner1> lol
[13:16:43] <werner1> profit seems to be inside again at tigerman!!!
[13:19:36] <werner1> Long Emini NQ @ 7063.75
[13:20:03] <werner1> Exited all Emini NQ Long @ 7069.00 --> + 5.25
[13:20:16] <werner1> @wrbpt1
[13:28:46] <werner1> Shorts Emini NQ @ 7074.25
[13:29:57] <werner1> Covered all Emini NQ Short @ 7070.25 --> + 4
[13:45:54] <wrbtrader> just got back from lunch
[13:46:26] <werner1> ok
[13:54:34] <werner1> Shorts Emini NQ @ 7104.75
[13:55:19] <werner1> Covered all Emini NQ Short @ 7101.75 --> + 3
[13:58:30] <werner1> Shorts Emini NQ @ 7099.00
[13:59:47] <werner1> Covered all Emini NQ Short @ 7095.50 --> + 3.5
[14:09:00] <werner1> Long Emini NQ @ 7095.50
[14:10:37] <werner1> Exited all Emini NQ Long @ 703.50 --> - 6392
[14:10:56] <werner1> Exited all Emini NQ Long @ 7093.50 --> - 2
[14:12:04] <werner1> brb...diner here
[14:40:31] <werner1> back
[14:47:47] <werner1> Long Emini NQ @ 7062.50
[14:49:00] <wrbtrader> Yeah...I got a bullish signal too
[14:49:12] <wrbtrader> waiting for a better entry price
[14:49:31] <wrbtrader> Long Emini ES @ 2753.00 -> small size
[14:49:47] <wrbtrader> The problem is the WRB...its big...too big
[14:50:13] <werner1> yaeh i am early
[14:50:28] <wrbtrader> was hoping for a pullback down to 2751.00 for a better entry
[14:50:31] <wrbtrader> didn't happen
[14:51:00] <wrbtrader> Can be a good re-entry price if this trade results as a loss
[14:52:27] <werner1> Exited all Emini NQ Long @ 7067.50 --> + 5
[14:52:38] <wrbtrader> Eminis just mystery pop up through several levels
[14:52:41] <wrbtrader> strange
[14:53:12] <wrbtrader> 2 contract trade
[14:56:42] <wrbtrader> WRB pt1 reached
[14:57:42] <wrbtrader> another strange volatility spike\
[14:57:57] <wrbtrader> Exited all Emini ES Long @ 2758.25 --> + 5.25
[14:58:05] <wrbtrader> WRB pt2 reached
[14:58:19] <werner1> vn
[15:05:53] <wrbtrader> That was a strange volatility spike and it has slowly retraced
[15:06:09] <werner1> yep
[15:10:32] <wrbtrader> now back below the Support area of the most recent reaction low
[15:10:46] <wrbtrader> Shorts Emini ES @ 2752.75 -> small size
[15:10:52] <wrbtrader> 5 contracts
[15:12:06] <wrbtrader> Covered all Emini ES Short @ 2752.75 --> 0
[15:12:11] <wrbtrader> :(
[15:12:54] <wrbtrader> Had I had a better entry...I could have absorb that snapbac upwards and stayed in the trade a little longer
[15:16:13] <wrbtrader> Long Emini ES @ 2753.25 -> small size
[15:16:28] <wrbtrader> 2 contracts
[15:16:40] <wrbtrader> There's that strange volatility spike again
[15:17:56] <wrbtrader> Exited all Emini ES Long @ 2753.25 --> 0
[15:19:20] <wrbtrader> retraced back down again
[15:19:41] <wrbtrader> into the range of that big Up WRB Hidden GAP interval
[15:20:39] <wrbtrader> Shorts Emini ES @ 2571.75 -> small size
[15:20:47] <wrbtrader> 5 contracts
[15:21:04] <wrbtrader> moving down the range of a Long Lower Shadow interval
[15:21:33] <wrbtrader> price action fighting hard to find support
[15:21:36] <wrbtrader> tough trade
[15:22:43] <wrbtrader> Covered all Emini ES Short @ 2571.50 --> + 0.25
[15:24:25] <wrbtrader> Long Emini ES @ 2753.25 -> small size
[15:24:33] <wrbtrader> 5 contracts
[15:24:40] <wrbtrader> re-entry
[15:25:06] <wrbtrader> Emini YM now helping with the Support
[15:27:09] <wrbtrader> Exited all Emini ES Long @ 2753.00 --> - 0.25
[15:27:23] <wrbtrader> tough
[15:27:38] <wrbtrader> now Long Shadow intervals UP and DOWN
[15:28:33] <wrbtrader> Shorts Emini ES @ 2752.25 -> large size
[15:28:42] <wrbtrader> 10 contracts
[15:29:16] <werner1> crap nq imo
[15:29:20] <wrbtrader> now choppy
[15:29:49] <wrbtrader> now it rolled over southward again
[15:30:10] <wrbtrader> Emini YM below the most recent reaction low
[15:30:24] <wrbtrader> sorry...I'm incorrect :(
[15:31:27] <wrbtrader> Covered all Emini ES Short @ 2752.00 --> + 0.25
[15:31:51] <wrbtrader> I'm just being bounced around here
[15:32:23] <wrbtrader> Wedge price action forming
[15:32:50] <wrbtrader> I don't use it in my trading but its interesting to watch it develop
[15:35:01] <wrbtrader> Looks like those strange volatility spikes I saw earlier has gotten the price action out of whack or something
[15:40:51] <werner1> Shorts Emini NQ @ 7058.75
[15:41:37] <wrbtrader> Emini NQ broke below the S area of its most recent contraction
[15:42:00] <wrbtrader> Shorts Emini ES @ 2749.50 -> small size
[15:42:10] <wrbtrader> 2 contracts
[15:42:22] <werner1> Covered all Emini NQ Short @ 7055.00 --> + 3.75
[15:42:41] <werner1> @wrbpt2
[15:43:01] <wrbtrader> Covered all Emini ES Short @ 2750.25 --> - 0.75
[15:44:17] <werner1> Long Emini NQ @ 7059.25
[15:44:23] <wrbtrader> Shorts Emini ES @ 2750.25 -> small size
[15:44:30] <wrbtrader> re-entry
[15:44:39] <werner1> Exited all Emini NQ Long @ 7056.25 --> - 3
[15:44:44] <wrbtrader> 2 contracts
[15:45:14] <werner1> Long Emini NQ @ 7061.00
[15:45:28] <wrbtrader> Covered all Emini ES Short @ 2751.50 --> - 1.25
[15:45:51] <wrbtrader> Long Emini ES @ 2753.00 -> large size
[15:45:58] <werner1> Exited all Emini NQ Long @ 7068.00 --> + 7
[15:45:59] <wrbtrader> 10 contracts
[15:46:04] <wrbtrader> volatility increasing
[15:46:16] <wrbtrader> not sure if it will keep going
[15:46:32] <werner1> can be
[15:46:49] <wrbtrader> It should because we're getting close to the 4pm est regular session close
[15:47:07] <werner1> indd
[15:47:30] <wrbtrader> Exited all Emini ES Long @ 2753.25 --> + 0.25
[15:47:44] <wrbtrader> at least it tried
[15:47:55] <werner1> :)
[15:48:22] <wrbtrader> Long Emini ES @ 2753.50 -> small size
[15:48:37] <wrbtrader> 3 contracts
[15:48:49] <wrbtrader> won't push the large size again
[15:49:14] <wrbtrader> I had my chances...just didn't work out
[15:50:22] <wrbtrader> Exited all Emini ES Long @ 2753.50 --> 0
[15:50:51] <wrbtrader> snapback to the S area of the Long Shadow interval (my entry)
[15:54:35] <wrbtrader> Long Emini ES @ 2753.50 -> small size
[15:54:41] <wrbtrader> 3 contracts
[15:54:57] <wrbtrader> re-entry as the recent prior trades...in the same price action
[15:56:04] <werner1> Shorts Emini NQ @ 7063.50
[15:57:04] <werner1> Covered all Emini NQ Short @ 7060.50 --> + 3
[15:57:13] <wrbtrader> Exited all Emini ES Long @ 2752.25 --> - 1.25
[15:59:14] <wrbtrader> Long Emini ES @ 2753.00 -> small size
[15:59:24] <wrbtrader> 3 contracts
[15:59:27] <wrbtrader> re-entry
[16:00:21] <werner1> Long Emini NQ @ 7067.00
[16:00:39] <wrbtrader> Exited all Emini ES Long @ 2753.50 --> + 0.5
[16:00:50] <werner1> Exited all Emini NQ Long @ 7064.00 --> - 3
[16:01:08] <wrbtrader> crappy way for the price action to end today after being decent to trade most of the day
[16:01:21] <wrbtrader> O
[16:01:26] <wrbtrader> I'm done for the day
[16:01:33] <wrbtrader> Take care and see all tomorrow
[16:01:48] <werner1> Long Emini NQ @ 7064.00
[16:03:21] <werner1> Exited all Emini NQ Long @ 7061.00 --> - 3
[16:03:52] <werner1> Shorts Emini NQ @ 7060.00
[16:05:20] <werner1> Covered all Emini NQ Short @ 7057.00 --> + 3
[16:05:45] <werner1> done ...pfff
[16:06:20] <werner1> overall a good day...gn take care :)
[17:23:56] * Disconnected

-------------------------

##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:

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.

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
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)
Twitter @ http://twitter.com/wrbtrader (24/7)
Stocktwits @ http://stocktwits.com/wrbtrader (24/7)


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