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 Post subject: October 9th Tuesday - Futures, Forex, Stocks and ETF
 Post Posted: Tue Oct 09, 2018 3:17 pm 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2668
Location: Canada
TheStrategyLab Price Action Trading (no technical indicators)
Free Chat Room: http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164 (see chat logs below)
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
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##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.

Image This is not a signal calling (trade alerts) room. Our free chat room has never been advertised as a trade room and we ban traders for attempting to use our chat room as a trade alerts room for the purpose to mimick/copy trades posted by any of our members.

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

100918-TheStrategyLab-Chat-Room-Key-Markets.png [ 2.61 MiB | Viewed 14 times ]

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

[09:11:57] * Now talking in ##TheStrategyLab
[09:11:57] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:28:38] * Now talking in ##TheStrategyLab
[09:42:34] <wrbtrader> Correlations bad right now in the Emini futures
[09:44:44] <Donnin________> i see a nice long on cl
[09:45:03] <Donnin________> 66
[10:01:39] <wrbtrader> Long Emini ES @ 2891.00 -> large size
[10:01:47] <wrbtrader> 10 contracts
[10:02:48] <wrbtrader> Exited all Emini ES Long @ 2890.25 --> - 0.75
[10:04:53] <wrbtrader> Long Emini ES @ 2890.25 -> large size
[10:05:03] <wrbtrader> 10 contracts re-entry
[10:06:18] <wrbtrader> Exited all Emini ES Long @ 2889.25 --> - 1
[10:08:03] <wrbtrader> Long Emini ES @ 2889.25 -> large size
[10:08:17] <wrbtrader> 10 contracts re-entry
[10:08:45] <wrbtrader> Exited all Emini ES Long @ 2888.75 --> - 0.5
[10:08:52] <wrbtrader> geeesh
[10:10:52] <wrbtrader> Long Emini ES @ 2889.00 -> large size
[10:11:01] <wrbtrader> 10 re-entry
[10:11:38] <wrbtrader> Exited all Emini ES Long @ 2888.50 --> - 0.5
[10:11:57] <wrbtrader> Shorts Emini ES @ 2887.50 -> large size
[10:12:05] <wrbtrader> 10 contracts
[10:14:02] <wrbtrader> Covered all Emini ES Short @ 2887.25 --> + 0.25
[10:15:16] <wrbtrader> Long Emini ES @ 2888.75 -> large size
[10:15:24] <wrbtrader> 10 re-entry
[10:16:16] <wrbtrader> WRB pt1 reached and not able to grab it :(
[10:16:19] <wrbtrader> tough day so far
[10:18:12] <wrbtrader> may get a 2nd chance at it
[10:19:48] <Donnin________> how do you so any signals in a day
[10:20:17] <Donnin________> or high quality signals in a day
[10:20:44] <wrbtrader> Exited all Emini ES Long @ 2892.25 --> + 3.5
[10:21:04] <wrbtrader> The re-entries are NOT trade signals
[10:21:21] <Donnin________> ok
[10:21:22] <wrbtrader> The re-entries were based upon ONE trade signal only
[10:22:26] <wrbtrader> I try to exit trades BEFORE a trail stop is hit
[10:22:59] <wrbtrader> sometimes I make a mistake and will then "re-enter" the trade
[10:23:40] <wrbtrader> That's why its important that I write the word "re-entry"
[10:24:10] <wrbtrader> It tells me in review that it was NOT a trade signal and the trade is related to an earlier trade signal that was identified
[10:25:03] <wrbtrader> Sure it will be alot easier to just make ONE trade and hold it all day
[10:25:09] <wrbtrader> Too difficult for me to do
[10:25:52] <wrbtrader> I think that's why I call myself a "daytrader" :)
[10:26:43] <wrbtrader> The only intuition trade I've taken today was that Short position of +0.25
[10:27:03] <wrbtrader> It was a poor entry...should have had +0.75 had the trade been perfect
[10:28:16] <wrbtrader> Also, another reason for many trade signals because many days I'm not doing re-entries...I just have many trade signals...
[10:28:38] <wrbtrader> On those particular days...I do not trade ES all by itself.
[10:29:00] <wrbtrader> I get my trade signals for Emini ES futures from 7 other price actions.
[10:29:33] <wrbtrader> That's 7x more trades signals I can see in comparison to trading on the price action of Emini ES futures all by itself
[10:29:56] <wrbtrader> That's why I talk about the "correlations" a lot in here
[10:30:37] <wrbtrader> Helps me to focus on if the correlations are good today to determine if I should be using the price action of those 7 other trading instruments
[10:31:13] <wrbtrader> ES, NQ, RTY, DAX, DJStoxx, CAC40 and FTSE100
[10:32:15] <wrbtrader> Stats so far this year 2018...12% of my trades in Emini ES have been via the price action of ES by itself
[10:36:40] <wrbtrader> Summary - Correlation trades and Re-Entries (multiple trades) in reaction to ONE trade signal
[10:36:50] <wrbtrader> Reason for so many trades
[10:37:15] <wrbtrader> The best part...I decide when to ignore them
[10:40:28] <wrbtrader> So far...only 6 trades today
[10:40:39] <wrbtrader> That's normal when volatility is increasing
[10:41:09] <wrbtrader> Warning of overtrading for me is if I had 6 trades today on "decreasing volatility".
[10:41:30] <werner1> hi all
[10:41:41] <wrbtrader> I had that warning late yesterday...
[10:42:44] <wrbtrader> I had I think 4 trades on "decreasing volatility"...reason how I knew i was overtrading while the other trades were normal trades on "increasing volatility"
[10:43:26] <wrbtrader> Another way to look at it...I trade volatility (increasing volatility)
[10:43:50] <wrbtrader> I should be getting LESS trades on "decreasing volatility"
[10:45:38] <wrbtrader> The big problem I have currently in 2018 is that I have too much fear in increasing my position size higher than 10 contracts on "increasing volatility"
[10:45:45] <werner1> Long Emini NQ @ 7452.00
[10:46:59] <wrbtrader> My psycho therapist thinks its related to my illness in 2016...after returning to trading...I just have not been able to get past a few fears in my trading.
[10:48:01] <werner1> Exited all Emini NQ Long @ 7448.00 --> - 4
[10:48:31] <wrbtrader> I hide a few screens on my monitors now when I do trade...I just can manage the psychological aspects when trading and those screens are up in front view
[10:48:51] <wrbtrader> meant "can not manage..."
[10:51:16] <wrbtrader> Its tough...when I came out of that coma and many doctors keep saying my body/mind is weak and that I'm high risk for a heart attack or major stroke even though I was in great shape prior to the illness and the risks are still high even though I now that I've been allowed to trade full time again by my doctors...
[10:51:26] <wrbtrader> The stress still scares me.
[10:51:44] <wrbtrader> That's life and keeping my size LESS than 10 helps manage that stress
[10:53:48] <wrbtrader> I've been very lucky so far...
[10:54:50] <wrbtrader> I wasn't a smoker, didn't drink alchohol except a glass of wine once a month, exercised regularly, low body fat, excellent blood chemistry PRIOR to my illness
[10:55:35] <wrbtrader> Any of those things (smoking, drinking or lack of exercise) would have made the situation worst when I was in the coma or even death
[10:56:55] <wrbtrader> My body recovered quickly and I had a great team of help (psycho therapist, neurologist, heart specialist, frequent blood chemistry tests, occupational therapists and personal fitness instructor)
[10:57:06] <wrbtrader> Still do
[10:57:39] <wrbtrader> Trading is tought on the body & mind...we got to take care of ourselves
[10:58:26] <werner1> Long Emini NQ @ 7434.25
[10:58:27] <wrbtrader> You never know when something comes your way in life...accident or illness (e.g. pneumonia).
[10:58:31] <wrbtrader> shit happens
[11:00:03] <wrbtrader> Shorts Emini ES @ 2892.00 -> large size
[11:00:09] <werner1> Exited all Emini NQ Long @ 7428.00 --> - 6.25
[11:00:11] <wrbtrader> 10 contracts
[11:00:13] <werner1> pfff
[11:00:50] <wrbtrader> I'm too close to that S area of an earlier Up WRB Hidden GAP interval that spooks me
[11:02:53] <wrbtrader> WRB pt1 reached
[11:03:35] <wrbtrader> Covered all Emini ES Short @ 2889.50 --> + 2.5
[11:04:40] <wrbtrader> Overall volatility barely increased while the volatility in the Emini futures spiked higher strongly
[11:09:05] <wrbtrader> Got breathing room now that I'm comfortable again with my profit although win rate is very poor today so far
[11:09:43] <wrbtrader> Started the day with 4 consecutive losses followed by 3 consecutive wins
[11:15:05] <wrbtrader> snapback Up...preventing the big Down WRB from converting into a Down WRB Hidden GAP intervals and most likely won't be a v1 Down WRB Hidden GAP interval for a "strong continuation" price action
[11:17:22] <wrbtrader> Correlations are good right now
[11:17:46] <wrbtrader> volatility increasing again
[11:18:31] <wrbtrader> Shorts Emini ES @ 2890.75 -> large size
[11:18:39] <wrbtrader> 10 contracts
[11:19:42] <wrbtrader> Covered all Emini ES Short @ 2889.00 --> + 1.75
[11:20:45] <wrbtrader> Long Lower Shadow intervals showing up in all of them
[11:20:50] <werner1> Long Emini NQ @ 7419.00
[11:20:51] <wrbtrader> correlations still good
[11:21:43] <wrbtrader> Long Emini ES @ 2892.25 -> large size
[11:21:51] <wrbtrader> 10 contracts
[11:23:11] <wrbtrader> Exited all Emini ES Long @ 2893.50 --> + 1.25
[11:23:11] <werner1> Exited all Emini NQ Long @ 7430.00 --> + 11
[11:23:21] <werner1> @wrb pt1
[11:23:32] <wrbtrader> WRB pt1 reached
[11:27:33] <wrbtrader> volatility still increasing and no trade signals to get in on that up movement after the prior exit :(
[11:29:15] <wrbtrader> had it retraced after my exit in the last trade back into the range of the Long Shadow interval...I could have done a "re-entry" Long position
[11:29:33] <werner1> Shorts Emini NQ @ 7439.50
[11:30:23] <werner1> Covered all Emini NQ Short @ 7433.50 --> + 6
[11:32:04] <werner1> some res nq here imo @+/-40
[11:33:09] <werner1> a little green here now :(
[11:33:26] <wrbtrader> :)
[11:34:08] <werner1> mental @ tress level :(
[11:34:28] <wrbtrader> Yeah, I'm now at a profit level going into the mid-day trading session in which I can now begin reducing my position size to protect those profits
[11:34:35] <werner1> better too take a braek imo
[11:34:54] <werner1> break
[11:37:04] <wrbtrader> Here's an example of how trading impacts us physically...
[11:38:22] <wrbtrader> During those 4 loses...my blood pressure reached 122/74
[11:38:52] <wrbtrader> Its now back down to 114/64
[11:39:18] <werner1> thats still ok :)
[11:40:59] <werner1> pressure here always over 135/85
[11:41:09] <wrbtrader> Yeah...warning sign is if it goes above 120/80 and stays that way even after I stop trading for the day
[11:42:32] <wrbtrader> Doctors now say 120/80 to 140/90 if OK for someone
[11:42:54] <werner1> so your always working with a blood pressure meter if you tader?
[11:43:14] <werner1> trade
[11:44:12] <wrbtrader> Yes and the data auto sends at the end of the day (I set it for 5:00pm est) to my doctor's office and to my fitness instructor
[11:44:46] <werner1> wow
[11:44:51] <wrbtrader> I don't monitor it after 5pm
[11:46:04] <wrbtrader> I use to in 2017 but not anynore in 2018 after 5pm est when I was allowed to go back to trading
[11:47:01] <wrbtrader> Meant...go back to full time trading in 2018 whereas 2017 was just part-time with an occupational therapist monitoring my trading routine :(
[11:47:42] <werner1> Shorts Emini NQ @ 7428.50
[11:49:14] <werner1> pff must here :(
[11:50:59] <werner1> Covered all Emini NQ Short @ 74.33.00 --> + 7428.50 - 74.33.00
[11:51:14] <werner1> Covered all Emini NQ Short @ 7433.00 --> - 4.5
[11:53:43] <werner1> side line
[11:56:48] <wrbtrader> volatility decreasing
[11:57:12] <wrbtrader> now contracting more
[12:02:23] <werner1> Long Emini NQ @ 7439.25
[12:02:47] <werner1> need 45
[12:04:07] <werner1> Exited all Emini NQ Long @ 7433.50 --> - 5.75
[12:14:51] <werner1> Shorts Emini NQ @ 7419.75
[12:15:08] <werner1> Covered all Emini NQ Short @ 7413.75 --> + 6
[12:24:38] <werner1> looking for wrb shorts
[12:28:40] <wrbtrader> Shorts Emini ES @ 2891.00 -> small size
[12:28:50] <wrbtrader> 1 contract
[12:29:44] <wrbtrader> more contraction in the volatility
[12:29:55] <wrbtrader> I'm now expecting a volatility spike here soon
[12:30:03] <wrbtrader> tightning my trail stop loss
[12:30:43] <wrbtrader> Covered all Emini ES Short @ 2889.50 --> + 1.5
[12:31:06] <wrbtrader> WRB pt1 on the volatility spike
[12:31:12] <werner1> Shorts Emini NQ @ 7402.50
[12:32:56] <werner1> pff
[12:32:59] <wrbtrader> trying to snapback UP on the increasing volatility
[12:33:45] <wrbtrader> Shorts Emini ES @ 2890.00 -> small size
[12:33:54] <wrbtrader> 1 contract re-entry
[12:34:16] <werner1> try to hold this
[12:35:03] <wrbtrader> :(
[12:35:23] <wrbtrader> Eminis now trying hard to find some legs to stand up on
[12:37:20] <wrbtrader> :(
[12:37:24] <wrbtrader> Covered Emini ES Short @ 2891.00 --> - 1
[12:38:29] <werner1> Covered all Emini NQ Short @ 4710.50 --> + 2692
[12:38:48] <werner1> Covered all Emini NQ Short @ 7410.50 --> - 8
[12:40:46] <werner1> Shorts Emini NQ @ 7412.25
[12:43:17] <wrbtrader> Shorts Emini ES @ 2889.00 -> small size
[12:43:23] <werner1> Covered all Emini NQ Short @ 7402.00 --> + 10.25
[12:43:25] <wrbtrader> 2 contracts
[12:43:51] <wrbtrader> Emini ES futures retesting the most recent reaction low
[12:44:38] <wrbtrader> WRB pt1 reached
[12:45:00] <wrbtrader> Covered all Emini ES Short @ 2886.75 --> + 2.25
[12:45:12] <wrbtrader> that was a trade re-entry
[12:45:28] <wrbtrader> now it pops after I exit :(
[12:55:42] <wrbtrader> contracting volatility
[13:07:10] <wrbtrader> knife catcher showing up down here now
[13:28:06] <werner1> done ....bbl
[13:48:43] <wrbtrader> Shorts Emini ES @ 2884.50 -> small size
[13:48:52] <wrbtrader> 1 contract
[13:48:59] <wrbtrader> choppy in here
[13:49:08] <wrbtrader> tight trail
[13:49:26] <wrbtrader> Covered Emini ES Short @ 2885.50 --> - 1
[13:50:07] <wrbtrader> Shorts Emini ES @ 2885.25 -> small size
[13:50:10] <wrbtrader> 1 contract re-entry
[13:53:10] <wrbtrader> too choppy for me...really just price noise now
[13:53:27] <wrbtrader> Covered Emini ES Short @ 2885.25 --> 0
[13:54:56] <wrbtrader> I have not had any disconnections from the internet today...so far :)
[13:55:45] <wrbtrader> I called the technical department of my ISP and they gave me the same advice as my IT speciallst that sets up my computer system...
[13:56:04] <wrbtrader> Instead of just running one ethernet to my computers...
[13:57:22] <wrbtrader> Connect via Ethernet (wired) and Wireless via my...two connections on the same router hub
[13:57:45] <wrbtrader> That's what I'm doing today...so far no disconnections
[14:10:20] <Donnin________> change your router
[14:11:53] <Donnin________> i had freq disconnect
[14:13:47] <werner1> Long Emini NQ @ 7395.50
[14:15:40] <werner1> need 7408.50
[14:16:53] <werner1> try to hold this one
[14:21:07] <werner1> crazy
[14:27:24] <werner1> Long Emini NQ @ 7394.50 -> Add
[14:29:07] <wrbtrader> Also, I've upgraded my internet from 50 Mpbs to 1.5 Gbps speed
[14:29:27] <wrbtrader> I'll get the new router hub for that in a few days
[14:30:20] <wrbtrader> My broker platform and charting package needs a minimum of 15 Mbps
[14:32:59] <werner1> Exited 1/2 Emini NQ Long @ 7401.50come on punks --> + 0 + 7401.50come on punks - 7394.50
[14:36:55] <werner1> Long Emini NQ @ 7385.00 -> Add
[14:39:42] <werner1> Exited 1/3 Emini NQ Long @ 7391.00 --> + 6
[14:42:22] <werner1> need 96
[14:44:24] <werner1> Exited 1/2 Emini NQ Long @ 9396.0 --> + 2000.5
[14:44:53] <werner1> Exited 1/2 Emini NQ Long @ 7396.00 --> + 0.5
[14:45:02] <Donnin________> sorry i had feq disconnects
[14:45:18] <Donnin________> when i changed my router it all stoped
[14:45:24] <Donnin________> and got a bette rone
[14:48:30] <wrbtrader> The thing that sucks is that most ISP only allows you to use THEIR routers...
[14:49:39] <wrbtrader> Luckily for me...their routers are OK...not great but OK
[14:51:21] <werner1> Long Emini NQ @ 7403.00
[14:51:37] <wrbtrader> volatility surge
[14:51:38] <werner1> Exited all Emini NQ Long @ 7408.00 --> + 5
[14:52:13] <werner1> Long Emini NQ @ 7408.00
[14:53:15] <werner1> Exited all Emini NQ Long @ 7410.00 --> + 2
[15:02:24] <werner1> Long Emini NQ @ 7410.50
[15:06:15] <werner1> stop@ 7404.00
[15:07:41] <werner1> Long Emini NQ @ 7408.75 -> Add
[15:09:30] <wrbtrader> more Long Shadow intervals showing up
[15:09:42] <wrbtrader> There's going to be a good fight here
[15:09:43] <werner1> brr
[15:10:18] <wrbtrader> range of those shadow intervals contracting too
[15:10:29] <wrbtrader> I'm expecting a volatility spike here soon
[15:11:35] <wrbtrader> Shorts Emini ES @ 2891.00 -> large size
[15:11:37] <werner1> Exited all Emini NQ Long @ 7404.00 --> - 11.25
[15:11:44] <wrbtrader> 10 contracts
[15:12:22] <wrbtrader> tightning trail stop
[15:12:39] <wrbtrader> price acting strange now
[15:13:12] <werner1> long bias here
[15:14:22] <wrbtrader> Covered all Emini ES Short @ 2891.25 --> - 0.25
[15:14:39] <werner1> Long Emini NQ @ 7406.50
[15:20:39] <wrbtrader> Shorts Emini ES @ 2890.25 -> large size
[15:20:45] <wrbtrader> 10 contracts re-entry
[15:22:30] <werner1> Exited all Emini NQ Long @ 7399.00 --> - 7.5
[15:22:42] <wrbtrader> WRB pt1 reached
[15:25:45] <wrbtrader> Covered all Emini ES Short @ 2886.00 --> + 4.25
[15:27:48] <wrbtrader> Shorts Emini ES @ 2885.75 -> medium size
[15:28:08] <wrbtrader> 1 contract
[15:29:51] <wrbtrader> Covered Emini ES Short @ 2886.50 --> - 0.75
[15:30:09] <wrbtrader> moved my trail stop too soon
[15:30:52] <wrbtrader> Shorts Emini ES @ 2886.25 -> small size
[15:30:56] <wrbtrader> 1 contract re-entry
[15:32:45] <wrbtrader> chop chop chop
[15:32:51] <werner1> yep
[15:33:15] <wrbtrader> now more contraction
[15:34:31] <wrbtrader> Covered Emini ES Short @ 2887.00 --> - 0.75
[15:35:14] <werner1> Long Emini NQ @ 9396.00
[15:35:23] <werner1> Exited all Emini NQ Long @ 9397.00 --> + 1
[15:37:54] <werner1> Long Emini NQ @ 7399.00
[15:39:01] <wrbtrader> Long Emini ES @ 2887.25 -> small size
[15:39:08] <wrbtrader> 3 contracts
[15:39:33] <wrbtrader> :(
[15:39:57] <werner1> need 7408.00
[15:40:16] <wrbtrader> It fought so hard a few minutes ago...not now and afer I went Long :(
[15:40:42] <werner1> :(
[15:41:14] <wrbtrader> fight you bugger :)
[15:41:31] <werner1> pff :)
[15:42:23] <wrbtrader> Exited all Emini ES Long @ 2886.25 --> - 1
[15:43:29] <werner1> djeez
[15:44:34] <wrbtrader> stuck inside the range of the most recent Down WRB Hidden GAP interval
[15:45:31] <wrbtrader> Long Emini ES @ 2888.00 -> small size
[15:45:37] <wrbtrader> 3 contracts
[15:45:40] <wrbtrader> intuition trade
[15:45:52] <wrbtrader> just following NQ snapback UP
[15:46:56] <werner1> Exited all Emini NQ Long @ 7407.50 --> + 8.5
[15:47:41] <wrbtrader> Exited all Emini ES Long @ 2890.00 --> + 2
[15:48:20] <werner1> Long Emini NQ @ 7411.50
[15:50:46] <werner1> Exited all Emini NQ Long @ 7406.00 --> - 5.5
[15:50:48] <wrbtrader> crazy volatility on the way UP and now back Down
[15:51:23] <werner1> :(
[15:52:54] <werner1> Long Emini NQ @ 9396.50
[15:55:17] <werner1> Long Emini NQ @ 7396.50
[15:55:39] <werner1> Exited all Emini NQ Long @ 7402.00 --> + 5.5
[15:55:45] <wrbtrader> I'm starting to get a little naseusous by this price action :)
[15:56:27] <wrbtrader> meant nauseous
[15:58:18] <werner1> Long Emini NQ @ 7396.00
[15:58:52] <werner1> need 01
[15:59:02] <wrbtrader> RTY should be pulling this further down but its not able...there's now a fight going on...Longs showing Up and Shorts pushing back
[16:00:42] <wrbtrader> I have not seen this much price action into the 4pm est rush hour traffic in a very long time
[16:00:43] <werner1> Exited all Emini NQ Long @ 7392.00 --> - 4
[16:01:27] <werner1> very red day here :(
[16:01:50] <werner1> gn all
[16:02:49] <wrbtrader> Take care all...I'll be studying the last 15 minutes of this price action after the close.
[16:03:05] <wrbtrader> Should provide some clues about tomorrow's morning volatility
[16:03:12] <wrbtrader> 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 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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