##TheStrategyLab Chat Room Logs Archives

July 3rd Tuesday - Futures, Forex, Stocks and ETF
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Author:  wrbtrader [ Tue Jul 03, 2018 10:34 pm ]
Post subject:  July 3rd Tuesday - Futures, Forex, Stocks and ETF

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 & http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=11&t=6
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.

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

070318-TheStrategyLab-Chat-Room-Key-Markets.png [ 2.04 MiB | Viewed 20 times ]

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

[09:13:25] * Now talking in ##TheStrategyLab
[09:13:25] -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
[09:13:26] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:26:37] <Trendtrader> gm all
[09:30:47] <Trendtrader> long es 2737.75 sim
[09:38:22] <wrbtrader> Markets not insync
[09:38:28] <werner1> no
[09:38:38] <wrbtrader> NQ doing its own thing...ES acting like its lost
[09:38:47] <werner1> lol
[09:39:02] <wrbtrader> Shorts Emini ES @ 2735.25 -> large size
[09:39:13] <wrbtrader> 10 contracts
[09:39:25] <wrbtrader> NQ still dropping
[09:39:33] <wrbtrader> ES now trying to follow
[09:40:38] <wrbtrader> Covered all Emini ES Short @ 3734.75 --> - 999.5
[09:40:47] <wrbtrader> correction...
[09:41:12] <wrbtrader> Covered all Emini ES Short @ 2734.75 --> + 0.5
[09:41:42] <wrbtrader> Shorts Emini ES @ 2735.25 -> large size
[09:41:47] <wrbtrader> re-entry
[09:42:14] <wrbtrader> Emini ES bouncing around while Emini NQ is steady (downward)
[09:42:37] <Trendtrader> Add es long 2735 sim
[09:42:42] <wrbtrader> Covered all Emini ES Short @ 2735.75 --> - 0.5
[09:50:09] <Trendtrader> exit all es 2738. +3 on 8 contracts and +0.25 on 4 contracts sim
[09:50:39] <wrbtrader> Long Emini ES @ 2737.00 -> large size
[09:50:49] <wrbtrader> 10 contracts
[09:51:30] <wrbtrader> Exited all Emini ES Long @ 2736.00 --> - 1
[09:51:55] <wrbtrader> Shorts Emini ES @ 2736.00 -> large size
[09:52:04] <wrbtrader> 10 contracts
[09:52:12] <wrbtrader> crappy price action so far
[09:52:18] <wrbtrader> poor correlation
[09:52:47] <Trendtrader> agreed. and no follow through.
[09:52:57] <wrbtrader> Not sure if the problem is the Nasdaq or S&P 300 or something else that's the reason behind the poor correlation
[09:54:10] <Trendtrader> maybe this isn't a great week because of Canada Day and Independence day?
[09:54:19] <wrbtrader> Covered all Emini ES Short @ 2735.75 --> + 0.25
[09:54:48] <wrbtrader> It usually if a good week although shorten
[09:54:58] <wrbtrader> if = is
[09:55:21] <wrbtrader> Shorts Emini ES @ 2735.25 -> large size
[09:55:33] <wrbtrader> re-entry
[09:55:38] <wrbtrader> 10 contracts
[09:56:11] <wrbtrader> Emini NQ telling us what to do but the other Eminis acting like they're on vacation and lost
[09:56:29] <wrbtrader> now they are following...correlation temporary back again
[09:56:30] <wrbtrader> crazy
[09:57:09] <wrbtrader> Covered all Emini ES Short @ 2731.75 --> + 3.5
[09:57:21] <Trendtrader> nice one.
[09:58:06] <wrbtrader> That's something I've never been able to determine...when correlation will return after its not correlating
[09:58:55] <wrbtrader> More difficult in shorten holiday trading week or 1/2 days
[09:59:46] <wrbtrader> Warning - I've lost my password key for control of ##TheStrategyLab
[10:00:06] <Trendtrader> that would be a great edge if you could.
[10:00:15] <wrbtrader> I'm now trying to regain control of the chat room so that I can OP myself as the @
[10:00:38] <wrbtrader> I'm waiting for an email from the Freenode help people to re-op my control
[10:02:56] <Trendtrader> will the rest of us in the room need to do anything?
[10:03:23] <wrbtrader> No but the room may not be accessible here soon if I can not regain control
[10:04:00] <wrbtrader> It happen before about 8 years ago and I can't remember how I fixed it on my own without getting Freenode involved
[10:05:00] <werner1> i rember it
[10:05:21] <Trendtrader> Sorry I can't remember.
[10:06:12] <wrbtrader> I currently don't have access to my other computer that has the info about how to regain control...that computer is in Chicago at my mom's house by mistake :(
[10:06:23] <werner1> Long Emini NQ @ 7107.25
[10:06:28] <wrbtrader> in reference to my other laptop
[10:07:55] <werner1> Exited all Emini NQ Long @ 7105.00 --> - 2.25
[10:10:58] <Trendtrader> short es 2733.75 sim
[10:16:23] <wrbtrader> more contraction again
[10:16:39] <werner1> Long Emini NQ @ 7109.00
[10:16:39] <wrbtrader> VIX barely > 15
[10:18:37] <werner1> Exited all Emini NQ Long @ 7113.25 --> + 4.25
[10:20:43] <werner1> risky imo
[10:33:18] <werner1> Long Emini NQ @ 7114.00
[10:34:08] <werner1> Exited all Emini NQ Long @ 7119.50 --> + 5.5
[10:34:52] <@wrbtrader> Ok...I just regain control of my chat room :)
[10:35:16] <werner1> :)
[10:44:12] <@wrbtrader> ksch...I got your email
[10:44:44] <ksch__> very good, thanks for mentioning :)
[10:45:21] <@wrbtrader> I've been busy for the past week due to problems here on IRC...been trying to fix my control issues of the chat room after I lost control of the @ChanServ
[10:45:25] <@wrbtrader> Just got it fixed
[10:46:40] <@wrbtrader> Shorts Emini ES @ 2733.50 -> large size
[10:46:42] <ksch__> That's too bad, I really hate technical problems, they eat up a lot of time often. Yes am trying to make things easier for me mentally and improve consistency if I could do things the same way
[10:46:50] <ksch__> a routine
[10:46:51] <@wrbtrader> 10 contracts
[10:47:07] <@wrbtrader> Emini YM leading downward now....
[10:47:24] <@wrbtrader> Covered all Emini ES Short @ 2732.00 --> + 1.5
[10:47:35] <@wrbtrader> I'm was just following
[10:47:48] <@wrbtrader> intuition trade
[10:48:38] <@wrbtrader> I think I had about 3 seconds to get that trade in after seeing what Emini YM did
[10:48:59] <@wrbtrader> Shorts Emini ES @ 2733.00 -> large size
[10:49:06] <@wrbtrader> re-entry
[10:49:12] <@wrbtrader> same trade again
[10:49:53] <@wrbtrader> correlations strange today within the Emini futures
[10:51:18] <@wrbtrader> You know its a tough trading day for your trade methods if you're only big winners are "intution trades"
[10:51:52] <@wrbtrader> Covered all Emini ES Short @ 2730.75 --> + 2.25
[10:53:21] <@wrbtrader> Actually, there was a valid trade signal but I didn't see it when I enter the Short...just now saw the valid trade signal "after" my exit
[10:55:38] <@wrbtrader> Shorts Emini ES @ 2730.00 -> large size
[10:57:03] <@wrbtrader> Covered all Emini ES Short @ 2729.75 --> + 0.25
[10:57:28] <Trendtrader> exit all es short 2731.75 +2 sim
[10:57:48] <@wrbtrader> Can anybody see the colors of my real-trades here in the chat room ???
[10:58:02] <Trendtrader> yes
[10:58:11] <ksch__> y
[10:58:13] <@wrbtrader> I remember Tigerman saying there were NO colors and I couldn't fix it
[10:58:16] <@wrbtrader> Ok...great
[10:58:34] <@wrbtrader> Maybe I fixed it and didn't realized it
[11:16:24] <Trendtrader> gotta go. see all next time.
[11:27:11] <ksch__> long dax cfd 12338
[11:27:35] <ksch__> exit 12359
[11:27:40] <ksch__> +12
[11:28:28] <ksch__> 12350 i meant
[11:34:39] <@wrbtrader> Emini ES futures fighting hard to stay above the S area of the most recent Down WRB Hidden GAP interval - 5min chart
[11:35:11] <@wrbtrader> In comparison...YM and NQ still below the S area
[11:35:29] <@wrbtrader> YM now at the S area
[12:17:06] <@wrbtrader> Price dropped on "low volatility" and the VIX is now < 15
[12:17:16] <@wrbtrader> :(
[12:18:37] <ksch__> long dax cfd 12340
[12:20:04] <ksch__> pt 12343, +3
[12:26:12] <ksch__> exit other half 12342, +2
[12:47:53] <@wrbtrader> Shorts Emini ES @ 2719.25 -> small size
[12:48:15] <@wrbtrader> 3 contracts
[12:50:23] <@wrbtrader> Covered all Emini ES Short @ 2716.00 --> + 3.25
[12:53:00] <@wrbtrader> WRB pt1 on that trade
[12:57:11] <@wrbtrader> Shorts Emini ES @ 2713.50 -> medium size
[12:57:14] <@wrbtrader> 5 contracts
[12:59:03] <@wrbtrader> Covered all Emini ES Short @ 2713.25 --> + 0.25
[12:59:58] <@wrbtrader> Keep telling myself "do not try to catch a falling knife"
[13:00:02] <@wrbtrader> :)
[13:00:59] <@wrbtrader> Now it bounces back upwards :(
[13:01:39] <@wrbtrader> Shorts Emini ES @ 2717.00 -> medium size
[13:01:48] <@wrbtrader> 5 contracts
[13:01:59] <@wrbtrader> geeesh :(
[13:02:53] <@wrbtrader> trail stop almost pick pocketed for a +0.25 profit
[13:03:18] <@wrbtrader> Covered all Emini ES Short @ 2716.00 --> + 1
[13:03:27] <@wrbtrader> trail pick pocketed
[13:03:38] <@wrbtrader> great entry but not able to hold it
[13:05:00] <@wrbtrader> Shorts Emini ES @ 2715.50 -> medium size
[13:05:09] <@wrbtrader> re-entry
[13:06:09] <@wrbtrader> Volatility got back above > but has started to contract again
[13:06:17] <@wrbtrader> above 16
[13:06:35] <@wrbtrader> More contraction in Emini NQ, YM and RTY
[13:07:28] <@wrbtrader> I'm now expecting a volatility spike
[13:07:36] <@wrbtrader> tightning my trail stop
[13:08:33] <werner1> done trading here ..take care all
[13:09:25] <@wrbtrader> Emini NQ looks like its been sucked dry by a vampire
[13:09:43] <@wrbtrader> Extremely contracted in its volatility
[13:13:13] <@wrbtrader> Emini NQ creeping lower
[13:14:03] <@wrbtrader> Have not seen that volatility spike I was looking for :(
[13:14:26] <@wrbtrader> Covered all Emini ES Short @ 2713.00 --> + 2.5
[13:16:11] <@wrbtrader> It's trying now but I dumped it because I need a mental rest and I want to watch a little of the World Cup soccer game between Colombia / England
[13:16:45] <@wrbtrader> WRB pt1 reached on that trade
[13:33:18] * Now talking in ##TheStrategyLab
[13:33:19] -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
[13:33:19] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[13:46:06] <wrbtrader> Take care all and see all tomorrow
Session Close


##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.

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

Image Rebuttal to Mr. Emmett Moore Jr. via TheStrategyLab.com Review @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167

Image The Strategy Lab: Valforex - The Manipulative Review Scam @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3676

Image TheStrategyLab Review @ http://www.thestrategylab.com/thestrategylab-reviews.htm

Note: chat logs saved (timestamp) from Qu├ębec, 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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