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)
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.
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
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:
060818-TheStrategyLab-Chat-Room-Key-Markets.png [ 1.99 MiB | Viewed 270 times ]
click on the above image to view today's price action of key markets [08:25:34] * Now talking in ##TheStrategyLab
[08:25:34] -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[08:25:34] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:29:34] <Donnin______> what i was refering to from yesterday is that without using indicators there must be some psychological component within price
[09:31:04] <wrbtrader> Most people follow the VIX for the fear/greed of price action...that fear/greed is the psychology of price movement.
[09:31:19] <wrbtrader> Unfortunately, the VIX is NOT applicable to everything
[09:32:03] <wrbtrader> Everything has its own internal fear/greed and it can be mearsure by WRB intervals and WRB Hidden GAP intervals
[09:32:31] <wrbtrader> WRBs can be measure on Bar charts and Candle charts
[09:33:28] <wrbtrader> There's the other thing call intuition when things a GOOD versus BAD
[09:34:01] <wrbtrader> For example...if markets is dropping fast and the news keep talking about how BAD it is...
[09:34:34] <wrbtrader> If you then get a Long signal...you gotta be smart and ignore that Long signal
[09:35:07] <wrbtrader> Nobody can teach intuition...its just something learned by yourself
[09:35:40] <wrbtrader> Usually, when things are unusually GOOD or BAD...there's very high volatility
[09:36:04] <wrbtrader> Tough to feel it (Good or Bad) in low volatility trading conditions
[09:37:05] <wrbtrader> That's why when someone states the "Psychology of Candles"...
[09:37:29] <wrbtrader> They are either comparing Candle Charts to Bar charts
[09:37:30] <wrbtrader> Or
[09:38:01] <wrbtrader> They are really just talking about the volatility measure by the fear/greed in the market
[09:38:48] <wrbtrader> Thus bull market we've had the recent years...I see alot of people calling it the top.
[09:39:13] <wrbtrader> Yet, there's NO fear...NO crazy volatility to support that its a top.
[09:39:51] <wrbtrader> Nothing to make you call your friends and tell them to get out of the markets...its going to crash
[09:40:06] <Donnin______> yea
[09:40:18] <Donnin______> i like long here on nq
[09:46:35] <werner>
all
[09:56:24] <werner> Long Emini NQ @ 7132.00
[09:57:02] <werner> Exited all Emini NQ Long @ 7130.50 --> - 1.5
[10:06:43] <wrbtrader> Price action of the Emini futures not good...no or few WRB Hidden GAP intervals...
[10:07:04] <wrbtrader> My data has the current price action 36% below the norm
[10:07:36] <werner> indd not good
[10:11:28] <Tigerman______>
all
[10:11:38] <werner>
[10:11:42] <Tigerman______> lg dax 12752.5
[10:11:44] <Tigerman______> hi
[10:13:00] <Tigerman______> exit all @ 50.5 -2pt
[10:13:16] <Tigerman______> sh dax 48.5
[10:13:25] <Tigerman______> 12748.5
[10:14:30] <Tigerman______> exit all @ 49.5 -1pt
[10:14:51] <Tigerman______> sh dax 48.5 again
[10:16:03] <Tigerman______> exit all @ 46.5 +2pt
[10:16:48] <Tigerman______> lg dax 50.5
[10:16:56] <Tigerman______> tricky action
[10:16:58] <Tigerman______> low vola
[10:17:18] <werner> Shorts Emini NQ @ 7127.25
[10:17:35] <werner> Covered all Emini NQ Short @ 7124.00 --> + 3.25
[10:19:21] <Tigerman______> lg dax 12750 add
[10:28:21] <Tigerman______> exit all @ 12771 +21 pt second entry
[10:28:47] <Tigerman______> exit all first entry @ 12771 +20.5 pt
[10:30:16] <Tigerman______> sh dax 12742
[10:30:51] <Tigerman______> exit 2/3 @ 737 +5 pt
[10:34:19] <Tigerman______> exit all rem 1/3 @ 727 + 15 pt
[10:34:43] <Tigerman______> vola increased strong sell on bid
[10:38:54] <Tigerman______> sh dax 12725
[10:39:19] <Tigerman______> exit 2/3 @ 720 +5
[10:41:47] <Tigerman______> exit all 1/3 715 +10 pt
[10:42:22] <Tigerman______> sh dax 12712
[10:43:36] <Tigerman______> exit all @ 12712
[10:43:43] <Tigerman______> lg dax 12715
[10:45:03] <Tigerman______> exit all @ 716 +1 pt
[10:45:19] <Tigerman______> all trades via Dome
[10:45:36] <Tigerman______> I documenting here just the entry exit
[10:45:53] <Tigerman______> so I have a trace of it for future reference
[10:47:01] <Tigerman______> lg dax 12721
[10:47:07] <Tigerman______> demand here
[10:47:34] <Tigerman______> exit 2/3 @ 23.5 +2.5p
[10:49:10] <wrbtrader> VIX just range bound between 12 - 13
[10:49:57] <Tigerman______> exit all 1/3 @ 12733 +12 pt
[10:51:02] <Tigerman______> EU VIX around 16 now
[10:51:50] <Tigerman______> it was around 20 early June
[10:52:02] <Tigerman______> because south Europe crisis
[11:07:14] <wrbtrader> What occur in the South Europe Crisis
??
[11:07:21] <Tigerman______> lg dax 12745
[11:08:04] <Tigerman______> exit 2/3 @ 53 +8p
[11:08:44] <Tigerman______> exit all rem @ 46 +1 pt
[11:08:55] <Tigerman______> wrbtrader....
[11:10:22] <Tigerman______> Italy did some hard proposal about Euro and stay with it
[11:11:02] <Tigerman______> not clear the position
[11:11:16] <Tigerman______> that scared a lot the investor
[11:11:42] <Tigerman______> simply Euro cannot manage Big country exit
[11:13:00] <Tigerman______> economy slow doen in south Europe ...while debt is still hight
[11:14:18] <Tigerman______> some stable country lucky not have same issue like south europe instability
[11:14:57] <Tigerman______> not good for citizen always worry about savings at risk
[11:16:48] <Tigerman______> lg dax 12759
[11:17:59] <Tigerman______> exit all @ 55 -4p
[11:18:18] <Tigerman______> short dax 12754
[11:19:18] <Tigerman______> exit all @ 52 +2 p
[11:19:46] <Tigerman______> lg dax 12755
[11:21:03] <Tigerman______> exit all @ 54 -1
[11:21:07] <Tigerman______> sh dax 12751
[11:21:57] <Tigerman______> exit 2/3 @ 46 +7p
[11:23:09] <Tigerman______> exit 1/3 @ 41 +10 pt
[11:23:51] <Tigerman______> lg dax 12746
[11:24:17] <Tigerman______> exit 2/3 @ 54 +8p
[11:26:01] <Tigerman______> exit all rem 1/3 @ 12760 +14pts
[11:26:18] <Tigerman______> we are now at cash close in dax
[11:52:33] <Tigerman______> I exit here
[11:52:44] <Tigerman______> take care all see next week
[15:49:14] <wrbtrader> No trades for me...never liked what I saw in the price action the first few hours...strange volatility
[15:49:46] <wrbtrader> I traded in that strange volatility yesterday...lucky profitable points in my opinion
[15:49:58] <wrbtrader> Didn't want to test my luck again today
[15:50:16] <wrbtrader> Take care all, have a nice weekend and see all on Monday
-------------------------
##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.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
@
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)