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.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)
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##TheStrategyLab primary purpose is for
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your trades via you posting WRB Analysis of the price action you see on
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With that said, thanks for
reviewing (reading) the below timestamped trades, price action analysis or market commentaries 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
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@ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164 Attachment:
041618-TheStrategyLab-Chat-Room-Key-Markets.png [ 1.92 MiB | Viewed 256 times ]
click on the above image to view today's price action of key markets [09:35:37] * Now talking in ##TheStrategyLab
[09:35:38] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:35:48] <wrbtrader> Good morning allo
[09:37:59] <werner> Shorts Emini NQ @ 6664.50
[09:38:50] <werner> Covered all Emini NQ Short @ 6666.50 --> - 2
[09:40:10] <werner> its hallo
[09:41:27] <wrbtrader> Shorts Emini ES @ 2669.25 -> large size
[09:41:36] <wrbtrader> 10 contracts
[09:41:51] <wrbtrader> Long Upper Shadow intervals
[09:42:05] <wrbtrader> WRB pt1 rreached
[09:42:36] <wrbtrader> Covered all Emini ES Short @ 2666.75 --> + 2.5
[09:43:27] <wrbtrader> Shorts Emini ES @ 2666.50 -> small size
[09:43:34] <wrbtrader> 2 contracts
[09:43:56] <wrbtrader> Covered all Emini ES Short @ 2667.75 --> - 1.25
[09:44:03] <wrbtrader>
[09:44:08] <wrbtrader> snapback UP
[09:44:34] <wrbtrader> it filled the most recent Down WRB Hidden GAP interval
[09:44:53] <wrbtrader> now back to the prior mentioned Long Upper Shadow intervals
[09:45:13] <wrbtrader> Long Emini ES @ 2670.00 -> small size
[09:45:24] <wrbtrader> 2 contracts
[09:46:50] <wrbtrader> Exited all Emini ES Long @ 2671.00 --> + 1
[09:47:27] <wrbtrader> exited at a prior S area of a Down WRB Hidden GAP interval
[09:48:41] <werner> Shorts Emini NQ @ 6464.25
[09:49:17] <wrbtrader> Emini futures suddenly not insync
[09:49:34] <werner> Covered all Emini NQ Short @ 6666.75 --> - 202.5
[09:49:46] <werner> Covered all Emini NQ Short @ 6466.75 --> - 2.5
[09:49:57] <wrbtrader> Shorts Emini ES @ 2671.50 -> medium size
[09:50:06] <wrbtrader> 5 contracts
[09:51:07] <wrbtrader> Covered all Emini ES Short @ 2669.00 --> + 2.5
[09:51:15] <wrbtrader> WRB pt1 reached
[09:53:41] <Tigerman______>
all
[09:53:46] <werner>
[09:54:17] <wrbtrader> Shorts Emini ES @ 2667.00 -> small size
[09:54:24] <wrbtrader> 1 contract
[09:55:30] <wrbtrader> should have waited for a better entry price
[09:55:33] <wrbtrader> Covered Emini ES Short @ 2668.75 --> - 1.75
[09:56:09] <Tigerman______> till now e-minies not a great sync
[09:56:16] <wrbtrader> Shorts Emini ES @ 2668.00 -> small size
[09:56:18] <wrbtrader> 2 contracts
[09:56:58] <wrbtrader> Long Upper Shadow intervals failed to stay above the S area of the most recent Down WRB Hidden GAP interval
[09:57:20] <wrbtrader> Covered all Emini ES Short @ 2668.00 --> 0
[09:57:25] <wrbtrader>
[09:57:40] <wrbtrader> snapback UP
[09:58:36] <wrbtrader> Shorts Emini ES @ 2668.00 -> small size
[09:58:41] <wrbtrader> re-entry
[09:58:45] <wrbtrader> 2 contracts
[09:59:12] <Tigerman______> muddy area here
[09:59:42] <Tigerman______> I get a ton of loos when I mess inside this kind of action
[09:59:44] <wrbtrader> agree
[09:59:54] <wrbtrader> Covered all Emini ES Short @ 2669.00 --> - 1
[10:00:13] <Tigerman______> simply I have to be good and wait x better action
[10:00:34] <wrbtrader> Sometimes I instinctly lower my position size from "experience"...not technical reasons
[10:00:53] <Tigerman______> it is in this situation I ruin my gain done in a previous good moving action
[10:01:02] <Tigerman______> yeah I see
[10:01:04] <wrbtrader> The decision to change my position size is so fast...I no longer wonder why
[10:01:39] <wrbtrader> Long Emini ES @ 2671.75 -> small size
[10:01:50] <wrbtrader> 3 contracts
[10:01:53] <wrbtrader> late entry
[10:02:19] <wrbtrader> should have just "reversed" the prior losing Short position into a Long position
[10:03:18] <wrbtrader> Exited all Emini ES Long @ 2672.25 --> + 0.5
[10:04:06] <wrbtrader> Always easier to see the trade signals in hindsight
[10:04:26] <wrbtrader> I now see why this price action bounced back upwards
[10:08:38] <Tigerman______> yeah expecially when we see that in books
[10:08:54] <Tigerman______> I mean hindsight
[10:12:57] <wrbtrader> Hindsight is only good for explaining things in books...that good for real trading via books alone
[10:17:37] <werner> Shorts Emini NQ @ 6659.25
[10:18:13] <werner> Covered all Emini NQ Short @ 6656.25 --> + 3
[10:27:15] <werner>
[10:41:28] <wrbtrader> Shorts Emini ES @ 2675.00 -> small size
[10:41:40] <wrbtrader> 3 contracts
[10:42:05] <wrbtrader> its
hard not to drop lower
[10:42:55] <wrbtrader> Covered all Emini ES Short @ 2674.50 --> + 0.5
[10:43:03] <wrbtrader>
[10:43:19] <wrbtrader> tight trail pick pocketed
[10:47:40] <wrbtrader> Shorts Emini ES @ 2673.50 -> medium size
[10:47:48] <wrbtrader> 5 contracts
[10:49:43] <wrbtrader> Covered all Emini ES Short @ 2671.25 --> + 2.25
[11:38:59] <wrbtrader> Emini futures and Eurex futures have contracted a lot in the volatility now
[11:39:12] <wrbtrader> VIX < 18
[11:39:16] <wrbtrader>
[11:39:56] <wrbtrader> Emini futures and Eurex futures now have LESS WRB Hidden GAP intervals than the first hour of trading
[11:45:44] <Tigerman______> yeah slow action
[11:46:02] <Tigerman______> I have to avoid this
[11:46:10] <Tigerman______> I exit here
[11:46:41] <Tigerman______> take care all see all next time
[12:54:17] <werner> back
[13:06:39] <werner> Long Emini NQ @ 6702.50
[13:07:37] <werner> Exited all Emini NQ Long @ 6705.50 --> + 3
[13:18:33] <werner> Shorts Emini NQ @ 6705.00
[13:18:50] <werner> need 3.25
[13:20:21] <werner> mmm
[13:24:01] <werner> Covered all Emini NQ Short @ 6703.25 --> + 1.75
[13:30:13] <wrbtrader> Shorts Emini ES @ 2684.25 -> small size
[13:30:22] <wrbtrader> 1 contract
[13:32:49] <wrbtrader> Trade was not looking good (at a loss) and then it suddenly rolled over southward
[13:33:10] <wrbtrader> now a long lower shadow interval showed up as a snapback
[13:34:21] <wrbtrader> Overall volatility still contracting...keeping this from becoming a big loser
[13:34:36] <wrbtrader> Covered Emini ES Short @ 2685.50 --> - 1.25
[13:34:46] <wrbtrader>
[13:38:51] <werner> Long Emini NQ @ 6701.50
[13:39:17] <wrbtrader> Yeah...the Eminis are
hard to push back upwards
[13:39:52] <wrbtrader> They still have the support area helping the Longs
[13:40:36] <werner> Exited all Emini NQ Long @ 6705.75 --> + 4.25
[13:47:32] <wrbtrader> Long Emini ES @ 2686.75 -> small size
[13:47:39] <wrbtrader> 2 contracts
[13:49:49] <wrbtrader> more contraction
[13:52:08] <wrbtrader> tough trades in these contracting volatility range...as normal
[13:52:14] <wrbtrader> Exited all Emini ES Long @ 2685.00 --> - 1.75
[13:53:05] <werner> mm maybe sidways crab here
[13:53:43] <wrbtrader> Emini ES futures a little more sensitive in this contraction than the other Emini futures
[13:55:35] <wrbtrader> Emini NQ futures very tight...ready for a volatility spike
[13:56:09] <wrbtrader> starting to look like my next trade in ES will be following Emini NQ futures price action
[13:57:42] <werner> sid and wait here
[13:57:58] <werner> crap imo
[13:57:59] <wrbtrader> Shorts Emini ES @ 2685.00 -> small size
[13:58:07] <wrbtrader> 3 contracts
[13:58:52] <wrbtrader>
[14:00:43] <wrbtrader> way too tight now with the contraction
[14:00:49] <wrbtrader> tightning my trail stop
[14:02:41] <wrbtrader> trailing @ profit
[14:03:04] <wrbtrader> Emini ES futures volatility spike but not in Emini NQ so far
[14:03:16] <wrbtrader> it just did now
[14:03:44] <wrbtrader> Covered all Emini ES Short @ 2682.75 --> + 2.25
[14:03:51] <wrbtrader> WRB pt1 reached
[14:04:01] <wrbtrader> Take care all and see all tomorrow
[14:04:16] <werner> okido
[14:04:41] <wrbtrader> gotta go and watch one of my kids in a school play
[14:05:13] <werner>
have a nice one
[14:06:43] <werner> my kids are 20 + now school plays here any more....
[14:10:15] <werner> Long Emini NQ @ 6695.00
[14:11:03] <werner> need 98
[14:11:49] <werner> dam too late
[14:13:43] <werner> Exited all Emini NQ Long @ 6698.00 --> + 3
[14:14:49] <werner>
..feed the horses
[14:47:14] <werner> Long Emini NQ @ 6695.00
[14:48:31] <werner> Exited all Emini NQ Long @ 6697.00 --> + 2
[14:49:33] <werner> Long Emini NQ @ 6695.75
[14:50:14] <werner> need 97.75
[14:51:43] <werner> need 97.50
[14:52:46] <werner> Exited all Emini NQ Long @ 6695.75 --> 0
[14:55:47] <werner> Shorts Emini NQ @ 6668.75
[14:57:02] <werner> Covered all Emini NQ Short @ 6689.50 --> - 20.75
[14:57:22] <werner> Covered all Emini NQ Short @ 6669.50 --> - 0.75
[14:57:32] <werner> dont like this
[15:01:03] <werner> Long Emini NQ @ 6690.50
[15:01:32] <werner> need 93.50
[15:02:17] <werner> Exited all Emini NQ Long @ 6693.50 --> + 3
[15:03:57] <werner> Long Emini NQ @ 6692.50
[15:04:45] <werner> need 69.25
[15:05:01] <werner> need 96.25
[15:06:31] <werner> Exited all Emini NQ Long @ 6691.50 --> - 1
[15:08:32] <werner> look out mix signals imo
[15:15:39] <werner> Shorts Emini NQ @ 6565.00
[15:16:33] <werner> need 80.25
[15:17:53] <werner> Shorts Emini NQ @ 6585.00
[15:18:07] <werner> Covered all Emini NQ Short @ 6580.25 --> + 4.75
[15:18:47] <werner> only like shorts here imo
[15:21:50] <werner> Shorts Emini NQ @ 6677.75
[15:22:23] <werner> Covered all Emini NQ Short @ 6674.50 --> + 3.25
[15:23:16] <werner> Shorts Emini NQ @ 6674.50
[15:24:06] <werner> punks
[15:24:58] <werner> Covered all Emini NQ Short @ 6675.00 --> - 0.5
[15:32:28] <werner> bias short here
[15:36:48] <werner> Shorts Emini NQ @ 6685.25
[15:38:45] <werner> Covered all Emini NQ Short @ 6682.00 --> + 3.25
[15:44:43] <werner> Long Emini NQ @ 6694.00
[15:45:11] <werner> Long Emini NQ @ 6693.0
[15:45:38] <werner> Exited all Emini NQ Long @ 6695.00 --> + 2
[15:48:38] <werner> Long Emini NQ @ 6687.50
[15:49:42] <werner> .need 91
[15:50:46] <werner> Exited all Emini NQ Long @ 6691.00 --> + 3.5
[15:50:52] <werner> wow
[15:52:08] <werner> ok done ...gn all
[17:21:15] * 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
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Therefore, we welcome
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The purpose of ##TheStrategyLab is that it's designed to be a
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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.
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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
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Euronext Futures FTSE-100 and CAC-40
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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
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Reminder, our
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price action trading chat room and we expect members to act
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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
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We make no guarantees of success and your level of success is
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Trading is stressful and you should always
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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.htmRebuttal to Mr. Emmett Moore via TheStrategyLab.com Review
@ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167 The Strategy Lab: Valforex - The Manipulative Review Scam
@ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3676TheStrategyLab 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.htmTheStrategyLab Price Action Trading
@
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