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 Post subject: August 27th Monday - Futures, Forex, Stocks and ETF
 Post Posted: Mon Aug 27, 2018 2:02 pm 
Trader / Forum Admin

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 & 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

082718-TheStrategyLab-Chat-Room-Key-Markets.png [ 2.31 MiB | Viewed 135 times ]

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

[09:31:34] * Now talking in ##TheStrategyLab
[09:31:37] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:33:56] <wrbtrader> Good morning all
[09:37:51] <Donnin________> gm
[09:37:55] <wrbtrader> Shorts Emini ES @ 2888.00 -> large size
[09:38:03] <wrbtrader> 10 contracts
[09:38:28] <wrbtrader> lets see if Emini ES futures will try to catch up to Emini NQ increasing volatility
[09:38:37] <wrbtrader> ES fighting hard not to do it :(
[09:39:22] <Donnin________> cl long looks good
[09:40:24] <wrbtrader> Covered all Emini ES Short @ 2888.75 --> - 0.75
[09:42:53] <wrbtrader> Long Emini ES @ 2890.25 -> large size
[09:42:56] <wrbtrader> 10 contracts
[09:43:13] <wrbtrader> correlations out of whack again
[09:43:57] <wrbtrader> Exited all Emini ES Long @ 2891.00 --> + 0.75
[09:46:10] <wrbtrader> Market bullish because of the possible U.S.A./Mexico NAFTA deal
[09:46:36] <wrbtrader> Long Emini ES @ 2891.50 -> large size
[09:46:45] <wrbtrader> 10 contracts
[09:48:47] <wrbtrader> Crude Oil futures contracting in their volatility
[09:49:31] <wrbtrader> Exited all Emini ES Long @ 2891.50 --> 0
[09:49:54] <wrbtrader> Long Emini ES @ 2891.25 -> large size
[09:50:00] <wrbtrader> re-entry
[09:50:04] <wrbtrader> 10 contracts
[09:50:50] <wrbtrader> Emini futures now contracting in their volatility
[09:51:05] <wrbtrader> Key markets trying hard to get insync with their volatility movement
[09:52:06] <wrbtrader> Exited all Emini ES Long @ 2891.00 --> - 0.25
[09:52:56] <wrbtrader> Long Emini ES @ 2891.25 -> large size
[09:53:03] <wrbtrader> re-entry
[09:53:58] <wrbtrader> Exited all Emini ES Long @ 2892.25 --> + 1
[09:54:08] <wrbtrader> shallow WRB pt1 reached
[09:54:41] <wrbtrader> Donnin...what's your current quote for CL futures ?
[09:58:14] <wrbtrader> Long Emini ES @ 2892.75 -> large size
[09:58:25] <wrbtrader> 10 contracts
[09:58:31] <wrbtrader> intuition
[09:59:51] <wrbtrader> Exited all Emini ES Long @ 2893.00 --> + 0.25
[10:00:26] <wrbtrader> Overall volatility is still poor...difficult to find any follow through on trades
[10:01:29] <wrbtrader> CL futures @ 68.61
[10:02:21] <wrbtrader> Now below its most recent reaction low...Brent still above its own most recent reaction low
[10:09:01] <wrbtrader> Brent and CL not able to get back near the most recent reaction low
[10:31:10] <wrbtrader> Shorts Emini ES @ 2895.50 -> large size
[10:31:19] <wrbtrader> 10 contracts
[10:34:00] <wrbtrader> This is an intuition trade...no trade signal...just experience with price action like this.
[10:34:20] <wrbtrader> contradiction in the volatility just showed up
[10:39:42] <wrbtrader> WRB pt1 reached
[10:41:11] <wrbtrader> Covered all Emini ES Short @ 2892.75 --> + 2.75
[10:51:35] * Now talking in ##TheStrategyLab
[10:51:35] -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
[10:53:43] <wrbtrader> Volatility in the VIX barely moved in the past 50 minutes while it was increasing in the Emini futures = contradiction in the volatility
[10:54:46] <wrbtrader> Long Emini ES @ 2894.00 -> large size
[10:54:54] <wrbtrader> 10 contracts
[10:55:16] <wrbtrader> Emini correlation increasing slightly
[10:56:50] <wrbtrader> tough to hold on to this one
[10:57:15] <wrbtrader> Exited all Emini ES Long @ 2894.25 --> + 0.25
[10:58:05] <wrbtrader> I was hoping the slight increase in correlation and the contradiction in the voatility would send this higher to a WRB pt1...didn't happen :(
[11:01:17] <wrbtrader> Its trying again and in hindsight...I got pick pocketed before it retraced back upwards
[11:01:33] <wrbtrader> Now it hits a WRB pt1 without me
[11:13:40] <wrbtrader> Shorts Emini ES @ 2894.25 -> large size
[11:13:43] <wrbtrader> 10 contracts
[11:14:24] <wrbtrader> Covered all Emini ES Short @ 2894.50 --> - 0.25
[11:14:36] <wrbtrader> :(
[11:15:00] <wrbtrader> Missed a better entry opportunity and then chased it down
[12:08:00] <wrbtrader> Shorts Emini ES @ 2897.25 -> large size
[12:08:05] <wrbtrader> 10 contracts
[12:09:34] <wrbtrader> Covered all Emini ES Short @ 2897.50 --> - 0.25
[12:15:49] <wrbtrader> Long Emini ES @ 2898.00 -> large size
[12:15:51] <wrbtrader> 10 contracts
[12:16:04] <wrbtrader> volatility is very contracted right now
[12:16:17] <wrbtrader> mid day trading session
[12:17:07] <wrbtrader> tight stop loss just in case a volatility spike shows up from this heavy contraction
[12:17:34] <wrbtrader> Exited all Emini ES Long @ 2897.50 --> - 0.5
[12:17:47] <wrbtrader> :(
[12:18:17] <wrbtrader> I was hoping this trade could last awhile and the S area wold hold
[12:20:45] <wrbtrader> Long Emini ES @ 2897.75 -> large size
[12:21:17] <wrbtrader> tight stop/loss protection again
[12:23:38] <wrbtrader> I'm now expecting a volatility spike here soon eventhough it is the mid-day trading session
[12:25:26] <wrbtrader> tightning trail stop
[12:33:31] <wrbtrader> shallow WRB pt1 reached
[12:34:48] <wrbtrader> Exited all Emini ES Long @ 2898.25 --> + 0.5
[12:39:29] <Donnin________> man this long is annoying
[14:08:53] <wrbtrader> CL and Brent trying to push higher
[15:12:53] <wrbtrader> Shorts Emini ES @ 2896.50 -> small size
[15:13:00] <wrbtrader> 1 contract
[15:18:25] <wrbtrader> WRB pt1 reached
[15:18:54] <wrbtrader> Covered Emini ES Short @ 2895.50 --> + 1
[15:31:27] <wrbtrader> Long Emini ES @ 2897.00 -> small size
[15:31:31] <wrbtrader> 1 contract
[15:32:20] <wrbtrader> wrong analysis for this trade :(
[15:33:26] <wrbtrader> Should have been Long @ 2896.25
[15:33:35] <wrbtrader> got my analysis mixed up
[15:42:31] <wrbtrader> Exited Emini ES Long @ 2896.00 --> - 1
[15:43:05] <wrbtrader> Long Emini ES @ 2896.25 -> small size
[15:43:17] <wrbtrader> 1 contract
[15:43:41] <wrbtrader> Didn't hesitate this time @ 2896.25
[15:44:44] <wrbtrader> Now I need some patience to hold this trade into the 4pm est rush hour traffic or hope my trail stop doesn't get pick pocketed
[15:45:05] <Donnin________> you up in the chop that amazing
[15:45:29] <wrbtrader> I didn't trade in most of it today...I took a nap
[15:48:56] <wrbtrader> The gap in my trading and in most of the chop is between 1235pm - 1512pm est
[15:49:28] <Donnin________> i see
[15:50:08] <wrbtrader> That chop looks brutal...didn't see any trade opportunities in it. Thus, wouldn't have taken any trades even if I wasn't nap
[15:52:04] <wrbtrader> Today was tough for me because my data for the VIX was stalled or stuck...its been stuck at 12.35 all day and I've had some problems with my backup via the Eurex futures...their data stalled today for me too :(
[15:53:41] <wrbtrader> If Emini NQ can breakout above the R area of 7566.00 on increasing volatility...
[15:53:52] <wrbtrader> Emini ES futures will follow strongly
[15:54:20] <wrbtrader> Both not doing so good with their correlation nor volatility :(
[15:55:44] <wrbtrader> Exited Emini ES Long @ 2895.75 --> - 0.5
[15:56:39] <wrbtrader> Long Emini ES @ 2896.00 -> small size
[15:56:42] <wrbtrader> 2 contracts
[15:56:48] <wrbtrader> re-entry
[15:57:05] <Donnin________> right im done as of today trading outside of trend
[15:57:32] <wrbtrader> Outside of trend ?
[15:58:45] <wrbtrader> WRB pt1 reached but not able to grab it
[15:59:08] <wrbtrader> Hoping for a 2nd chance at it
[16:00:07] <wrbtrader> Exited all Emini ES Long @ 2897.75 --> + 1.75
[16:00:36] <wrbtrader> got a lucky 2nd chance at it
[16:02:13] <Donnin________> well my definition of trend that is
[16:02:18] <wrbtrader> Emini futures loved the U.S./Mexico new trade deal but the U.S. Dollar did not
[16:03:19] <wrbtrader> When you say "outside of trend ?...do you mean you prefer to trade when there's no trend
[16:03:38] <Donnin________> well i kinda worded that wrong
[16:04:09] <Donnin________> when price id outside of what i define as trend i will not trade
[16:05:48] <wrbtrader> As soon as I recognize there's low volatility, no WRB Hidden GAP intervals, smaller intervals...its price noise or tight trading range or just chop
[16:07:14] <wrbtrader> I'll set some "audio" price alerts on a few key WRB Analysis S/R levels and then walk away from the computer until I hear an audio alert.
[16:12:40] <wrbtrader> Take care all and see all tomorrow
[16:21:54] <Donnin________> wrbtrader where can i learn about wrb s/r levels exclusively
[16:23:32] <Donnin________> would love to have quality s/r levels that i can look at and watch
[16:23:48] <wrbtrader> Review the WRB Analysis Free Study Guide...chapter 2 and then review the Advance Tutorial Chapter 4 involving using WRB Hidden GAP intervals R area and S area as S/R levels
[16:24:08] <Donnin________> ok thanks
[16:24:29] <wrbtrader> Price action needs to enter their range of the Hidden GAP to activate the S/R levels
[16:25:00] <wrbtrader> Yet, when the Hidden GAP area is filled...it de-activates the S/R areas
[16:25:15] <wrbtrader> That's the made theme about them
[16:27:14] <Donnin________> if im inside that s r that means between s/r
[16:27:53] <Donnin________> there is resistence above and below me
[16:28:05] <Donnin________> and support
[16:33:00] <Donnin________> ill draw it out in paint to see if i get it
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 with a head trader telling you what to trade, when to buy or when to sell. In fact, 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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