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 Post subject: October 15th Monday - Futures, Forex, Stocks and ETF
 Post Posted: Mon Oct 15, 2018 6:10 pm 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2848
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

101518-TheStrategyLab-Chat-Room-Key-Markets.png [ 2.48 MiB | Viewed 47 times ]

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

[09:31:24] * Now talking in ##TheStrategyLab
[09:34:27] <wrbtrader> Shorts Emini ES @ 2763.00 -> large size
[09:34:33] <wrbtrader> 10 contracts
[09:35:31] <wrbtrader> Covered all Emini ES Short @ 2762.75 --> + 0.25
[09:36:01] <wrbtrader> Shorts Emini ES @ 2763.00 -> large size
[09:36:09] <wrbtrader> 10 contracts re-entry
[09:36:54] <wrbtrader> Covered all Emini ES Short @ 2759.75 --> + 3.25
[09:37:03] <wrbtrader> WRB pt1 reached
[09:38:57] <wrbtrader> Shorts Emini ES @ 2760.75 -> large size
[09:39:07] <wrbtrader> 10 contracts
[09:39:34] <wrbtrader> Covered all Emini ES Short @ 2762.00 --> - 1.25
[09:40:37] <wrbtrader> Shorts Emini ES @ 2761.25 -> large size
[09:40:47] <wrbtrader> 10 contracts re-entry
[09:40:58] <wrbtrader> I'm hitting this price area aggressively
[09:41:10] <wrbtrader> :(
[09:41:31] <wrbtrader> Covered all Emini ES Short @ 2763.00 --> - 1.75
[09:42:36] <wrbtrader> Long Emini ES @ 2764.00 -> large size
[09:42:43] <wrbtrader> 10 contracts
[09:43:17] <wrbtrader> Exited all Emini ES Long @ 2763.00 --> - 1
[09:45:38] <wrbtrader> Long Emini ES @ 2765.00 -> large size
[09:45:56] <wrbtrader> re-entry 10 contracts...poor entry
[09:46:54] <wrbtrader> Exited all Emini ES Long @ 2767.25 --> + 2.25
[09:50:39] <wrbtrader> correlations out of whack right now
[09:50:57] <wrbtrader> mainly between ES / NQ / RTY
[09:51:18] <wrbtrader> NQ trying hard to become the leader right now
[09:51:20] <Tigerman______> gm all
[09:51:24] <wrbtrader> not able to do such
[09:51:47] <wrbtrader> Markets tend to perform smoother when Nasdaq is leading
[09:53:45] <wrbtrader> more price noise showing up now with chop
[09:54:35] <Tigerman______> today I ll continue with SYM trading
[09:55:03] <Tigerman______> till I ll feel ready again
[09:55:29] <Tigerman______> also very busy with rehab and so on
[09:55:44] <Tigerman______> no time to fully prepared to trade
[09:55:52] <wrbtrader> Shorts Emini ES @ 2761.50 -> large size
[09:55:58] <wrbtrader> 10 contracts
[09:56:30] <wrbtrader> Covered all Emini ES Short @ 2761.25 --> + 0.25
[09:56:47] <wrbtrader> 10am KME pending
[09:59:31] <wrbtrader> Shorts Emini ES @ 2763.00 -> large size
[09:59:38] <wrbtrader> 10 contracts
[10:00:14] <wrbtrader> I've tried Shorting this price area before...not much luck here in this area...got chopped around
[10:02:12] <wrbtrader> NQ struggling again near the reaction low
[10:02:28] <Tigerman______> fast moves up/ down
[10:02:48] <wrbtrader> that reaction low killed several of my prior trades
[10:02:49] <Tigerman______> I m feeling to be slow in move my trail and stops :(
[10:02:54] <wrbtrader> Noq price action below :)
[10:03:30] <wrbtrader> WRB pt1 reached
[10:04:48] <wrbtrader> Covered all Emini ES Short @ 2755.75 --> + 7.25
[10:08:25] <wrbtrader> Examining the charts...I see now (too late) I was trading inside of another WRB Zone that was acting like a magnet between 2764.50 (R area) to 2761.25 (S area)...
[10:08:52] <wrbtrader> I got chopped around inside that WRB Zone on the 5 min chart even though I wasn't using it as a WRB Zone
[10:10:18] <wrbtrader> Now Emini ES is stuck inside another WRB Zone but with less speed, less chop...just normal price action movement
[10:10:28] <wrbtrader> volatility is contracting too
[10:11:26] <Tigerman______> we r stil inside yesterday gap in Spy
[10:11:40] <wrbtrader> Yeah...that too
[10:11:42] <Tigerman______> contraction area here
[10:12:11] <Tigerman______> I m fighting with trail stops and so on :(
[10:12:37] <Tigerman______> price very fast and snap against me while I m voving my stop :(
[10:15:48] <Tigerman______> OK after some fight I m in gain after commissions :)
[10:16:17] <werner1> hi all
[10:16:38] <Tigerman______> issue with me today : impatient in wait for a pt1 and too slow in moving target orders on dom
[10:16:44] <Tigerman______> hi werner
[10:17:10] <werner1> hi tigerman
[10:17:37] <wrbtrader> Shorts Emini ES @ 2755.25 -> large size
[10:17:47] <wrbtrader> 10 contracts
[10:19:48] <wrbtrader> WRB pt1 reached...not able to grab it...too fast
[10:20:28] <wrbtrader> may get lucky if it tries again
[10:20:42] <wrbtrader> Covered all Emini ES Short @ 2754.75 --> + 0.5
[10:20:53] <wrbtrader> trail stop pick pocketed :(
[10:23:17] <wrbtrader> Since early last week...its been mainly ALGOs manipulating this price action
[10:24:20] <Tigerman______> yeah very fast action... wrbtrader did you note liquidity is Very low om ES ?
[10:24:35] <Tigerman______> few contracts at first level on ES
[10:24:36] <wrbtrader> Seems normal to me
[10:25:00] <Tigerman______> normal ??
[10:25:11] <Tigerman______> how many do you see in ES ?=
[10:25:32] <Tigerman______> now around 30 -70 bid ask
[10:25:33] <wrbtrader> Not sure what you mean by "how many"
[10:25:49] <wrbtrader> I don't monitor bid/ask for liquidity info
[10:26:14] <Tigerman______> ok so what do you look ?
[10:26:18] <wrbtrader> Its too manipulated info
[10:26:35] <Tigerman______> ah ok agree
* Retrieving ##TheStrategyLab modes...
[10:26:56] <wrbtrader> For liquidity...I monitor actual trades
[10:27:08] <Tigerman______> issue is when few contracts offered not easy be filled
[10:27:39] <wrbtrader> They've been very easily filled the past 10 trading days...
[10:27:44] <wrbtrader> Too easily...super fast
[10:27:44] <Tigerman______> now x example 10 15 contracts only
[10:28:17] <Tigerman______> in contrast in smoother days we can find 200-300 pz at first level
[10:28:59] <Tigerman______> now jumpy price action
[10:29:52] <Trendtrader> long nq 7092 sim
[10:30:13] <wrbtrader> There's better ways to monitor Liquidity without using the manipulated Bid/Ask info
[10:32:24] <wrbtrader> Long Emini ES @ 2760.50 -> large size
[10:32:33] <wrbtrader> 10 contracts
[10:33:14] <wrbtrader> Hopefully I caught it contracting instead of expanding (speeding up)
[10:33:48] <wrbtrader> Exited all Emini ES Long @ 2763.25 --> + 2.75
[10:34:53] <wrbtrader> WRB pt1 reached...had to take it because I enter the trade late...lost about 1 point on the late entry
[10:35:28] <wrbtrader> Price action just too fast even when I enter while it was "slowing down"
[10:35:30] <Trendtrader> exit long nq +11 sim
[10:38:57] <wrbtrader> speed slowing down again
[10:39:21] <wrbtrader> All the Eminis and Eurex at the same time...
[10:39:35] <wrbtrader> maybe the correlations are trying to pair again...hopefully
[10:41:44] <wrbtrader> Long Emini ES @ 2763.75 -> small size
[10:41:51] <wrbtrader> 3 contracts
[10:42:00] <wrbtrader> correlation bad again :(
[10:42:11] <wrbtrader> reason for the lower position size
[10:43:14] <wrbtrader> Exited all Emini ES Long @ 2762.00 --> - 1.75
[10:43:52] <wrbtrader> The issue is not just the speed (fast movement)...its the speed in the correlations...how fast they get correlated and the how fast they are NOT correlated.
[10:44:07] <wrbtrader> Super fast changover in the correlations
[10:47:08] <wrbtrader> Eminis should be moving higher but they're not...correlations off again
[10:47:50] <wrbtrader> A few points back upwards would be nice into a WRB pt1...they're struggling too much
[10:48:53] <wrbtrader> speed increasing again :(
[10:49:05] <werner1> looking for longs
[10:49:17] <werner1> maybe hl
[10:49:48] <wrbtrader> Long Emini ES @ 2761.00 -> small size
[10:49:56] <wrbtrader> 3 contracts
[10:50:24] <wrbtrader> Exited all Emini ES Long @ 2759.00 --> - 2
[10:50:30] <wrbtrader> geeesh
[10:51:07] <werner1> i wait for a wrb long
[10:51:30] <werner1> 80/73 sup nq imo
[10:52:26] <wrbtrader> Long Emini ES @ 2761.00 -> small size
[10:52:35] <wrbtrader> 3 contracts
[10:54:57] <werner1> Long Emini NQ @ 7097.75
[10:55:05] <werner1> Exited all Emini NQ Long @ 7103.00 --> + 5.25
[10:55:20] <werner1> @wrb pt1
[10:56:19] <wrbtrader> I didn't tighten my trail stop on that one light I normally would have...it would have been picked off for a +0.25 profit...having too much problems keeping up with the speed of the price action movement and the speed of the change in the correlations
[10:56:30] <werner1> atr @7.30 1min nq ....that what i like:)
[10:59:14] <Tigerman______> yeah speed is very fast ... cause many issue in moving my stops and targets
[10:59:33] <Tigerman______> can be ok just if one use LARGE stops and targets
[10:59:48] <Tigerman______> and Not move it
[11:01:38] <wrbtrader> adjusting trail stop for the first time
[11:01:55] <wrbtrader> They have been stolen all day as soon as I adjusted them :(
[11:02:24] <wrbtrader> Exited all Emini ES Long @ 2764.00 --> + 3
[11:02:40] <wrbtrader> trail stop pick pocketed :(
[11:05:20] <wrbtrader> The adjustment that's needed is the visual...
[11:05:42] <wrbtrader> Contraction with this type of volatility has a interval about 3 points deep
[11:05:56] <wrbtrader> In normal volatility its about 1 point deep
[11:06:07] <werner1> last week had a atr nq @ 15.....cant handlle that speed :((.....so the point is ...know your weaknes and know your strenght
[11:06:09] <wrbtrader> Low volatility it's about 0.5 deep
[11:06:36] <wrbtrader> werner...exactly
[11:06:45] <werner1> :)
[11:07:43] <wrbtrader> NQ kicking butt the past 2 minutes...
[11:07:56] <wrbtrader> ES not following that well...correlations poor again
[11:28:11] <wrbtrader> Just finish an important phone call :(
[11:28:18] <wrbtrader> Missed the nice volatility spike upwards
[11:29:11] <wrbtrader> Long Emini ES @ 2773.50 -> small size
[11:29:15] <werner1> Long Emini NQ @ 7154.00
[11:29:19] <wrbtrader> 3 contracts
[11:30:49] <werner1> Exited all Emini NQ Long @ 7157.00 --> + 3
[11:30:52] <wrbtrader> Exited all Emini ES Long @ 2774.00 --> + 0.5
[11:31:02] <werner1> brr gap nq
[11:31:14] <wrbtrader> bouncing around for me
[11:31:23] <wrbtrader> not a trail stop pick pocket
[11:31:36] <wrbtrader> I just dumped it...randomly
[11:32:13] <wrbtrader> The speed of the chop is impacting my decision to early exit trades
[11:32:26] <werner1> ok
[11:35:16] <wrbtrader> Shorts Emini ES @ 2771.75 -> small size
[11:35:24] <wrbtrader> 3 contracts
[11:35:51] <wrbtrader> trying hard to move down the range of the most recent Long Lower Shadow interval
[11:35:58] <wrbtrader> more chop :(
[11:39:06] <wrbtrader> geeesh
[11:39:18] <wrbtrader> Covered all Emini ES Short @ 2772.50 --> - 0.75
[11:41:50] <wrbtrader> Shorts Emini ES @ 2771.75 -> small size
[11:41:55] <wrbtrader> 3 contracts re-entry
[11:42:25] <wrbtrader> didn't want the same price as the prior trade :(
[11:42:39] <wrbtrader> shallow WRB pt1 reached
[11:43:05] <wrbtrader> Covered all Emini ES Short @ 2770.75 --> + 1
[11:44:06] <wrbtrader> Price action still trading near the R area of the most recent Up WRB Hidden GAP interval
[11:47:58] <wrbtrader> Shorts Emini ES @ 2769.00 -> small size
[11:48:08] <wrbtrader> 3 contracts re-entry
[11:49:08] <wrbtrader> 3 ticks against me on entry :(
[11:49:47] <wrbtrader> That's slow for today :)
[11:50:34] <wrbtrader> Covered all Emini ES Short @ 2770.25 --> - 1.25
[11:52:02] <wrbtrader> Shorts Emini ES @ 2769.50 -> small size
[11:52:16] <wrbtrader> 3 contracts re-entry
[11:52:45] <wrbtrader> WRB pt1 reachec
[11:53:10] <wrbtrader> volatility surge
[11:54:00] <wrbtrader> Keep the losses small and try to let the winners run
[11:55:16] <wrbtrader> Covered all Emini ES Short @ 2763.50 --> + 6
[11:59:02] <wrbtrader> The more price action I see today...Its starting to look like random price movement or highly ALGO manipulated :(
[11:59:59] <wrbtrader> It's actually getting scarier to trade
[12:00:27] <wrbtrader> stop loss management extremely difficult
[12:03:00] <wrbtrader> volatility in the VIX today still around 21...
[12:03:21] <wrbtrader> Not correlating with the volatility within the Emini Futures
[12:06:05] <wrbtrader> Emini ES futures back inside the range of an earlier WRB Zone that it has now filled
[12:10:11] <wrbtrader> Shorts Emini ES @ 2757.50 -> large size
[12:10:20] <wrbtrader> 10 contracts
[12:11:09] <wrbtrader> Covered all Emini ES Short @ 2758.25 --> - 0.75
[12:11:34] <wrbtrader> Shorts Emini ES @ 2757.75 -> large size
[12:11:43] <wrbtrader> 10 contracts re-entry
[12:12:26] <wrbtrader> surely they can mess with someone's else stop protection :)
[12:14:25] <wrbtrader> WRB pt1 reached...too fast to grab it :(
[12:15:02] <wrbtrader> may get lucky and get a 2nd chance at it
[12:15:50] <wrbtrader> Covered all Emini ES Short @ 2757.50 --> + 0.25
[12:15:56] <wrbtrader> punks :(
[12:16:16] <Tigerman______> my chart frozen :((
[12:19:00] <wrbtrader> Its this type of high volatility where auto stops gain their merits
[12:19:47] <wrbtrader> Price action too fast to be using "manual stop/loss placement"...each and every trade
[12:19:54] <wrbtrader> Gotta use auto stops
[12:20:27] <wrbtrader> and then manage the trails (adjustments) manually
[12:22:17] <Tigerman______> wrbtrader what the differences between your auto-stop and stop tied with the order entry ?
[12:24:13] <wrbtrader> Long Emini ES @ 2761.50 -> large size
[12:24:21] <wrbtrader> 10 contracts
[12:25:06] <wrbtrader> I'm a little lost in the price action that showed up after entry
[12:25:46] <wrbtrader> The 1 point late entry does not help
[12:28:32] <wrbtrader> Exited all Emini ES Long @ 2763.50 --> + 2
[12:28:53] <wrbtrader> shallow WRB pt1 showed up
[12:28:56] <wrbtrader> lucky exit
[12:29:09] <wrbtrader> out of a poor trade entry
[12:35:58] <wrbtrader> I hope you guys have been "video recording" this price action since last Monday...
[12:36:10] <wrbtrader> It contains a wealth of information about how to trade volatility
[12:37:19] <wrbtrader> Even if you don't understand the data that's being recorded...you'll at least have live price action to study this type of volatility instead of looking at static hindsight charts that do NOT show the speed of the price action in each developing interval
[12:38:16] <wrbtrader> Simply, the info may not be useful today but it will be useful in the future to help prepare you for this type of price action when it will return...it will show up again in the futures
[12:39:36] <wrbtrader> Just look at last week static hingsight charts...
[12:39:49] <wrbtrader> It looks like a normal deep price drop
[12:40:03] <wrbtrader> Nothing about the speed of that price drop in the charts
[12:40:39] <wrbtrader> Yet, if you had live recorded video of that price action from last week...you will see a completely different info about that price drop
[12:41:10] <Donnin________> yes moring short was very quick
[12:41:26] <Donnin________> the speed you mentioned before was there
[12:42:46] <Donnin________> ive notice speed before and in a solid trade
[12:43:10] <Donnin________> that might give a clue to hold for bigger targets
[12:43:37] <wrbtrader> Yes...it does
[12:44:29] <Donnin________> i did a rentry after my initial targart was hit just because of it
[12:45:34] <Donnin________> only problem is how to control re entry
[12:45:55] <Donnin________> and not get swallowed in a huge pb
[12:51:38] <Tigerman______> high volatility very good to trade .... also very dangerous
[12:52:00] <Tigerman______> fast spke against us can kill
[12:57:19] <Tigerman______> take care all
[12:58:23] <Donnin________> i just got around to setting every trade ill every need to take on alert
[12:59:04] <Donnin________> found a very cheap coder that did in 1 day
[13:00:51] <Donnin________> one lady wanted 500 to do the same thing
[13:21:21] <wrbtrader> I've seen coders charge folks as much as 10k to code a complete system from entry to exit
[13:22:22] <wrbtrader> Keeping it within perspective...coders/programers for institutional trading firms are on salary...anywhere from 75k to 250k per year :)
[13:25:44] <wrbtrader> volatility contracting
[13:26:17] <wrbtrader> Yet, this past 10 trading days when I saw the contraction confirmed...it would then suddenly speed up out of nowhere
[13:26:31] <wrbtrader> with the intervals expanding
[13:27:59] <Donnin________> that can be coded too
[13:28:25] <Donnin________> speed interval
[13:28:39] <Donnin________> and time
[13:29:18] <wrbtrader> Actually...I think anything can be coded if there's some logic to the rules
[13:29:34] <wrbtrader> Yet, what do I know...I'm not a quant nor a programmer
[13:29:53] <wrbtrader> The only thing I can code are IRC scripts :)
[13:30:37] <wrbtrader> Shorts Emini ES @ 2765.50 -> small size
[13:30:44] <wrbtrader> 3 contracts
[13:30:54] <wrbtrader> should be a good fight here
[13:31:29] <wrbtrader> Covered all Emini ES Short @ 2766.75 --> - 1.25
[13:32:04] <wrbtrader> Long Emini ES @ 2768.25 -> small size
[13:32:12] <wrbtrader> 3 contracts
[13:33:44] <wrbtrader> WRB pt1 reached
[13:34:50] <wrbtrader> Exited all Emini ES Long @ 2773.00 --> + 4.75
[13:37:47] <wrbtrader> Someone that reads the chat logs but is not a member of this chat room...
[13:38:21] <wrbtrader> He asked me via email "How do I know when the Emini Futures are NOT correlated or NOT insync with each other" ???
[13:38:52] <wrbtrader> Its easy, its when they do NOT make WRBs intervals or do not make WRB Hidden GAP intervals at the same time
[13:39:33] <wrbtrader> Simply, if they make WRB intervals and WRB Hidden GAP intervals at the same tine...they are correlated
[13:40:00] <wrbtrader> Therefore, correlated with the movement of their "volatility"
[13:40:37] <wrbtrader> Trading for me is a lot easier when they are correlated
[13:45:46] <wrbtrader> Long Emini ES @ 2774.75 -> small size
[13:45:56] <wrbtrader> 3 contracts
[13:46:47] <wrbtrader> Exited all Emini ES Long @ 2773.50 --> - 1.25
[13:47:08] <wrbtrader> Long Emini ES @ 2773.50 -> small size
[13:47:17] <wrbtrader> 3 contracts re-entry
[13:50:15] <wrbtrader> Exited all Emini ES Long @ 2775.25 --> + 1.75
[13:50:37] <wrbtrader> trail stop pick pocketed
[13:54:33] <wrbtrader> a lot of Long Upper Shadow intervals in this price area right now
[13:54:52] <wrbtrader> more chop too
[14:03:38] <wrbtrader> volatility spike out of nowhere and it suddenly stopped just as fast
[15:54:01] <wrbtrader> Bronco Buck
[15:55:47] <wrbtrader> Shorts Emini ES @ 2760.50 -> small size
[15:55:56] <wrbtrader> 3 contracts
[15:57:58] <wrbtrader> WRB pt1 reached
[15:58:32] <wrbtrader> Covered all Emini ES Short @ 2758.25 --> + 2.25
[16:00:43] <wrbtrader> Crazy speed again today...not sure how I manage to be profitable today beyond the basic stuff - keep losers small and let winners run & small size on low probability trades & auto stop manage the trade on entry
[16:02:38] <wrbtrader> Take care all...another crazy day and see all tomorrow
[16:32:14] <Donnin________> what time did that spike happen
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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