##TheStrategyLab Price Action Chat Room Logs

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


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

[09:27:21] * Now talking in ##TheStrategyLab
[09:27:22] -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
[09:27:51] <ksch_____> enter long ym 25450 on sim
[09:28:14] <ksch_____> was buy stop a couple min ago
[09:32:11] <ksch_____> tp first 1/3 25468
[09:33:40] <ksch_____> exit 2nd/3rd at be
[09:33:56] <werner1> all
[09:34:06] <ksch_____>
[09:34:25] <wrbtrader> strange rollover southward after getting above the reaction highs in Emini NQ futures
[09:34:47] <ksch_____> exit last third -15
[09:35:15] <wrbtrader> Shorts Emini ES @ 2816.75 -> large size
[09:35:27] <wrbtrader> 10 contracts
[09:35:45] <wrbtrader> still downside pressure on increasing volatility
[09:36:11] <wrbtrader> Covered all Emini ES Short @ 2816.50 --> + 0.25
[09:38:20] <wrbtrader> Shorts Emini ES @ 2817.00 -> large size
[09:38:23] <wrbtrader> 10 contracts re-entry
[09:39:08] <wrbtrader> intuition trade involving the downside pressure & failed counter-thrust
[09:39:29] <wrbtrader> now choppy
[09:40:28] <wrbtrader> Covered all Emini ES Short @ 2816.00 --> + 1
[09:40:33] <wrbtrader>
[09:40:55] <wrbtrader> Should have stayed quiet about the downside pressure...
[09:41:17] <wrbtrader> knock on wood
[09:41:34] <wrbtrader> trail stop pick pocketed
[09:42:01] <wrbtrader> Shorts Emini ES @ 2816.25 -> large size
[09:42:09] <wrbtrader> re-entry
[09:42:14] <wrbtrader> 10 contracts
[09:43:10] <wrbtrader> WRB pt1 reached
[09:44:00] <wrbtrader> Emini YM futures not helping...its contracting too much
[09:44:43] <wrbtrader> If in can drop below the R area of its recent contracting intervals...downside pressure in the Emini futures will return
[09:45:09] <wrbtrader> YM is hard not to drop below the S area
[09:45:13] <wrbtrader>
[09:46:03] <wrbtrader> Indexes now not insync
[09:48:21] <wrbtrader> Covered all Emini ES Short @ 2815.50 --> + 0.75
[09:48:45] <ksch_____> long ym 25458
[09:48:49] <wrbtrader> remove YM from the equation...Emini ES would have dropped 10 points
[09:49:16] <ksch_____> exit 25465
[09:49:16] <wrbtrader> meant "another" 10 points below that S area
[09:52:39] <wrbtrader> Shorts Emini ES @ 2815.00 -> large size
[09:52:43] <wrbtrader> 10 contracts
[09:53:00] <wrbtrader> back below the S area after it briefly retraced back above it
[09:53:06] <Trendtrader> short es 2815.25 sim
[09:53:08] <wrbtrader> poor entry for me
[09:53:34] <wrbtrader> should have re-enter @ 2816.00
[09:54:04] <wrbtrader> Emini YM was tricky...causing a lot of problems with my price action analysis
[09:54:51] <wrbtrader> Emini NQ futures now below the S area of the most recent reaction low
[09:56:09] <Trendtrader> exit 1/2 es short 2813.25 +2
[09:56:47] <wrbtrader> Covered all Emini ES Short @ 2814.50 --> + 0.5
[09:56:52] <wrbtrader> another trail stop pick pocketed
[09:57:28] <Trendtrader> exit remainder es short 2815.25 BE +0 sim
[09:59:32] <wrbtrader> Shorts Emini ES @ 2813.50 -> large size
[09:59:36] <ksch_____> short ym 25445
[09:59:38] <wrbtrader> 10 contracts
[10:00:07] <Trendtrader> I just experienced a pick pocket to the tick!
[10:00:14] <wrbtrader> now Emini YM is helping but very late "after" the volatility
[10:00:55] <wrbtrader> I guess its "better late than never"
[10:02:47] <ksch_____> exit ym +1
[10:08:46] <wrbtrader> Covered all Emini ES Short @ 2813.75 --> - 0.25
[10:09:00] <werner1> Long Emini NQ @ 7238.25
[10:09:17] <werner1> Exited all Emini NQ Long @ 7244.25 --> + 6
[10:31:22] <ksch_____> long nq 7238 intuition
[10:32:40] <wrbtrader> Shorts Emini ES @ 2816.00 -> large size
[10:33:12] <wrbtrader> Emini ES futures struggling to push down the range of a recent Long Lower Shadow interval
[10:33:41] <wrbtrader> 10 contracts
[10:34:07] <ksch_____> exit nq - 4
[10:34:51] <wrbtrader> I've had two trades like this one that retraced to take me out for a +0.25 or +0.50 after going my way +2 points
[10:35:43] <wrbtrader> Emini ES futures below the S area of its most recent reaction low
[10:36:06] <wrbtrader> reaction low @ 2812.00
[10:36:23] <wrbtrader> Covered all Emini ES Short @ 2812.75 --> + 3.25
[10:36:45] <wrbtrader> trail stop pick pocketed
[10:37:12] <wrbtrader> Every trade so far today for me have had the trail stop taken
[10:42:02] <wrbtrader> Shorts Emini ES @ 2811.25 -> large size
[10:42:09] <wrbtrader> 10 contracts
[10:42:38] <ksch_____> short nq 7228
[10:43:50] <wrbtrader> Covered all Emini ES Short @ 2812.25 --> - 1
[10:44:09] <wrbtrader> trail stop taken
[10:45:11] <ksch_____> exit nq -5
[10:45:49] <wrbtrader> Emini NQ futures contracted
[10:45:57] <werner1> yep
[10:46:04] <wrbtrader> 10 contracts
[10:46:27] <werner1>
[10:46:37] <wrbtrader> only ES and YM trying to get moving
[10:46:55] <wrbtrader> Shorts Emini ES @ 2812.75 -> large size
[10:47:39] <wrbtrader> Emini NQ tryinig to get insync
[10:48:05] <wrbtrader> Correlation problems still there...all year so far
[10:49:02] <wrbtrader> Covered all Emini ES Short @ 2813.50 --> - 0.75
[10:49:17] <wrbtrader> trail stop pick pocketed
[10:49:52] <wrbtrader> Shorts Emini ES @ 2813.25 -> large size
[10:50:09] <wrbtrader> 10 contracts
[10:50:19] <wrbtrader> tough trade of the day
[10:54:52] <wrbtrader> below reaction low
[10:55:02] <wrbtrader> higher time frame
[10:55:24] <wrbtrader> Covered all Emini ES Short @ 2811.00 --> + 2.25
[10:55:51] <wrbtrader> not a WRB pt1
[10:56:00] <wrbtrader> cover position at the reaction low
[10:59:18] <werner1> Shorts Emini NQ @ 7217.50
[11:00:33] <wrbtrader> Shorts Emini ES @ 2810.50 -> large size
[11:00:40] <wrbtrader> 10 contracts
[11:00:43] <wrbtrader> intuition
[11:00:55] <wrbtrader> increasing volatility
[11:02:58] <werner1> Covered all Emini NQ Short @ 7215.50 --> + 2
[11:03:01] <wrbtrader> Covered all Emini ES Short @ 2810.50 --> 0
[11:03:16] <wrbtrader> trail stop pick pocketed
[11:04:01] <wrbtrader> that's where the commission & fees begin to add up fast
[11:04:25] <wrbtrader> on those trail picks when the price action retraces...taking away the profits
[11:06:11] <Donnin________> man what a tough day
[11:10:55] <ksch_____> short nq 7213 small size
[11:10:55] <werner1> Shorts Emini NQ @ 7212.00
[11:12:02] <werner1> Covered all Emini NQ Short @ 7213.00 --> - 1
[11:12:06] <werner1> brr
[11:12:18] <wrbtrader> Eurex futures very contracted today...that most likely is the issue for the Emini futures because they don't have support from other key markets to get them to be correlated
[11:12:51] <werner1> Shorts Emini NQ @ 7210.75
[11:13:00] <ksch_____> added to nq on break at 7210
[11:13:10] <ksch_____> tp1 7205
[11:13:33] <werner1> Covered all Emini NQ Short @ 7205.50 --> + 5.25
[11:13:51] <werner1> @wrb pt1
[11:14:30] <Donnin________> is there a way i can have the chat float to see txt messages without pulling up chat
[11:15:17] <wrbtrader> You mean you want the chat window to stay "on top" ??
[11:15:48] <wrbtrader> You must be on a single monitor ??
[11:16:20] <ksch_____> i think trillian can be integrated with the windows 10 chat, exit other half nq 7217
[11:16:35] <Donnin________> yeah i am
[11:17:10] <Donnin________> normally a lil box pops up in the lower right conner and displays test
[11:17:17] <Donnin________> texts
[11:19:11] <wrbtrader> I think on single monitors...the mIRC program (if you're using mIRC) has a window in the upper left corner...it looks like a small window
[11:20:57] <Donnin________> on trillian
[11:21:07] <werner1> Long Emini NQ @ 7218.75
[11:21:15] <wrbtrader> sorry...I have a memory issue involving Trillian
[11:21:20] <werner1> Exited all Emini NQ Long @ 7221.50 --> + 2.75
[11:26:13] <wrbtrader> I use a 4 monitor setup with two laptios (2 monitors per laptop) with the capability to go a total of 6 monitors
[11:27:17] <wrbtrader> Thus, I have mIRC always up...never behind any other windows...nor in the taskbar
[11:28:00] <wrbtrader> I try to minimize too much clicking to see information
[11:30:28] <wrbtrader> Shorts Emini ES @ 2810.75 -> large size
[11:30:53] <wrbtrader> 10 contracts
[11:31:12] <wrbtrader> need some help here
[11:31:20] <wrbtrader> none so far from the other Eminis
[11:32:08] <wrbtrader> A lot of Long Shadow intervals today...symtom of the tough trading day
[11:32:22] <werner1> agree
[11:32:43] <werner1> lot of snap backs
[11:33:17] <wrbtrader> WRB pt1 reach
[11:33:31] <wrbtrader> trailing at profit
[11:35:41] <wrbtrader> funky chop now
[11:36:16] <wrbtrader> increasing volatility and the Eminis are insync
[11:39:19] <werner1> 7210 nq key imo
[11:40:14] <wrbtrader> Covered all Emini ES Short @ 2807.50 --> + 3.25
[11:40:31] <wrbtrader> WRB pt1 reached
[11:41:01] <wrbtrader> Profitable but an extremely stressful trading day for me
[11:41:24] <wrbtrader> too many trades today with too many trail stop outs
[11:41:51] <wrbtrader> I'm calling it quits early today to end on a good trade...
[11:42:16] <wrbtrader> Going to have a few glasses of wine and sushi for lunch
[11:42:21] <werner1> wise
[11:42:30] <wrbtrader> Take care all and see all tomorrow
[11:42:44] <ksch_____> yes, especially lunch time gets more choppy usually
[11:42:49] <ksch_____> take care
[11:55:05] <ksch_____> long 6E 1.1759
[12:00:43] <ksch_____> exit 6E -1
[12:12:13] <ksch_____> short nq 7207.75
[12:13:05] <ksch_____> wrb pt1
[12:13:27] <ksch_____> +7
[12:18:13] <ksch_____> add on nq short 7202
[12:20:04] <ksch_____> short ym 25326
[12:21:06] <ksch_____> exit 25311
[12:22:11] <ksch_____> exit rest of nq be
[12:26:02] <ksch_____> long ym 35329
[12:26:22] <ksch_____> intuition, but responding off m15 gap
[12:35:55] <ksch_____> exit ym half at 25321
[12:36:08] <ksch_____> -8
[12:49:13] <ksch_____> exit other half -25
[12:55:48] <ksch_____> long ym 25308
[12:57:21] <ksch_____> pt1 320
[13:03:38] <ksch_____> exit rest 300
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.


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.htm

Rebuttal to Mr. Emmett Moore Jr. 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=3676

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
@ 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)