##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 (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
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.

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


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

[09:32:41] * Now talking in ##TheStrategyLab
[09:36:05] <Trendtrader> exit nq short 6905.50 -16
[09:56:15] <wrbtrader> Calm market open so far...
[09:56:22] <wrbtrader> I think that's a little strange
[10:02:55] <wrbtrader> Shorts Emini ES @ 2733.75 -> large size
[10:03:02] <wrbtrader> 10 contracts
[10:05:53] <wrbtrader> back to the prior S area that's now a R area
[10:06:10] <wrbtrader>
[10:07:19] <wrbtrader> wow...a lot of chop
[10:08:52] <wrbtrader> Covered all Emini ES Short @ 2736.25 --> - 2.5
[10:10:09] <wrbtrader> back inside the range of the tight trading range
[10:14:19] <wrbtrader> Long Emini ES @ 2736.75 -> large size
[10:14:25] <wrbtrader> 10 contracts
[10:15:42] <wrbtrader> Exited all Emini ES Long @ 2735.50 --> - 1.25
[10:16:09] <wrbtrader> I've traded both the S area and then the R areea without any profits
[10:16:25] <wrbtrader> The range is getting tighter too on contracting volatility
[10:16:40] <wrbtrader> I'm now expecting a volatility spike here soon
[10:18:18] <wrbtrader> Shorts Emini ES @ 2734.50 -> large size
[10:18:26] <wrbtrader> 10 contracts
[10:18:37] <wrbtrader> one more try at the S area
[10:18:51] <wrbtrader> better entry price this time
[10:19:22] <wrbtrader> Covered all Emini ES Short @ 2731.50 --> + 3
[10:19:29] <wrbtrader> WRB pt1 reached
[10:22:12] <wrbtrader> Shorts Emini ES @ 2731.50 -> large size
[10:22:23] <wrbtrader> 10 contracts re-entry
[10:24:59] <wrbtrader>
[10:25:02] <wrbtrader> geeesh
[10:25:41] <wrbtrader> Market making it difficult on us retailers today
[10:27:34] <wrbtrader> Covered all Emini ES Short @ 2730.25 --> + 1.25
[10:29:44] <wrbtrader> Shorts Emini ES @ 2730.00 -> large size
[10:29:54] <wrbtrader> 10 contracts
[10:29:56] <wrbtrader> error
[10:30:25] <wrbtrader> Covered all Emini ES Short @ 2729.75 --> + 0.25
[10:30:45] <wrbtrader> wow...WTF !
[10:31:49] <wrbtrader> That's a steroid volatility spike
[10:31:53] <wrbtrader> Just crazy
[10:32:31] <wrbtrader> Speed of the price action with the chop still off the map
[10:32:41] <wrbtrader> Long Emini ES @ 2737.00 -> large size
[10:32:50] <wrbtrader> 10 contracts
[10:33:30] <wrbtrader> Exited all Emini ES Long @ 2737.25 --> + 0.25
[10:36:33] <wrbtrader> That was a strange volatilitry spike...now the volatility is calm again
[10:36:46] <wrbtrader> We still have a key KME today @ 2pm est
[10:37:50] <wrbtrader> Shorts Emini ES @ 2732.75 -> large size
[10:37:57] <wrbtrader> 10 contracts
[10:39:12] <wrbtrader> After all of the crazy volatility since early October...there's still idiots out there that do NOT use stops and worst...some are running around telling others NOT to use stops
[10:41:03] <wrbtrader> Covered all Emini ES Short @ 2729.00 --> + 3.75
[10:42:16] <wrbtrader> Eminis back to the price area where all those crazy ALGOs kicked in
[10:45:46] <wrbtrader> Overall, we're still stuck inside of yesterday's trading range after 3pm est
[10:50:25] <wrbtrader> Shorts Emini ES @ 2725.75 -> large size
[10:50:32] <wrbtrader> 10 contracts
[10:51:33] <wrbtrader> battle at another S area
[10:52:20] <wrbtrader> Covered all Emini ES Short @ 2726.50 --> - 0.75
[10:52:28] <wrbtrader> loskt my patience
[10:53:03] <wrbtrader> Just a minute more...boom
[10:59:19] <wrbtrader> I'm now expecting a volatility spike...too contracted right now
[10:59:36] <wrbtrader> Long Emini ES @ 2727.00 -> large size
[10:59:43] <wrbtrader> 10 contracts
[11:00:56] <wrbtrader> Exited all Emini ES Long @ 2727.00 --> 0
[11:08:23] <wrbtrader> That crazy fast price action is back again
[11:21:48] <wrbtrader> There it goes again...crazy spike up out of nowhere
[11:22:50] <wrbtrader> That's two times today this has happen and I was lucky enough to NOT be Short when it happen
[11:23:16] <wrbtrader> Yet, on the flip side...wish I was Long
[11:25:05] <wrbtrader> Stops are crucial these days
[11:27:14] <wrbtrader> Long Emini ES @ 2731.00 -> large size
[11:27:22] <wrbtrader> 10 contracts
[11:27:48] <wrbtrader> Gotta react to these crazy spikes the same way I trade FOMC announcements
[11:28:23] <wrbtrader> Exited all Emini ES Long @ 2733.25 --> + 2.25
[11:31:33] <wrbtrader> interesting that this 2nd crazy volatility spike took price action back up into that range of the prior one
[11:31:44] <wrbtrader> the 1st volatility spike
[11:37:40] <wrbtrader> Long Emini ES @ 2733.00 -> large size
[11:37:46] <wrbtrader> 10 contracts
[11:40:16] <wrbtrader> Exited all Emini ES Long @ 2734.75 --> + 1.75
[12:11:54] <wrbtrader> A lot of contracting volatility starting to accumulate again
[12:12:14] <wrbtrader> Maybe another 3rd crazy volatility spike is around the corner
[13:10:03] <wrbtrader> Volatility in a tight trading range since 1225pm est
[13:10:52] <wrbtrader> Eminis can easily go up and down by several points as if there's no direction
[13:18:32] <wrbtrader> Volatility spike pending...the Emini futures and volatility are moving in the same direction
[13:19:33] <wrbtrader> That same direction movement increasese the probability for a volatility spike
[13:55:18] <wrbtrader> Hi Donnin
[13:58:16] <Donnin________> hi
[13:58:39] <wrbtrader> Shorts Emini ES @ 2740.25 -> small size
[13:58:48] <wrbtrader> 3 contracts
[14:00:16] <wrbtrader> position size lowered to small size to protect profits
[14:00:31] <wrbtrader> Covered all Emini ES Short @ 2738.50 --> + 1.75
[14:00:39] <wrbtrader> WRB pt1 reached
[14:01:10] <wrbtrader> Now a volatility spiike out of nowhere
[14:01:16] <wrbtrader> 3rd one today
[14:01:56] <wrbtrader> Long Emini ES @ 2741.25 -> small size
[14:03:04] <wrbtrader> 3 contracts on the reaction to the KME
[14:06:30] <wrbtrader> Exited all Emini ES Long @ 2739.50 --> - 1.75
[14:07:02] <wrbtrader> Shorts Emini ES @ 2739.00 -> small size
[14:07:28] <wrbtrader> tight trail just in case a volatility spike out of nowhere shows up
[14:08:00] <wrbtrader> 3 contracts
[14:09:13] <Donnin________> adding trade rate to system
[14:10:52] <Donnin________> and reducing the old one
[14:11:18] <Donnin________> i like i because im getting in on movement
[14:11:26] <wrbtrader> Covered all Emini ES Short @ 2741.25 --> - 2.25
[14:11:53] <wrbtrader> Should'uv tightnen it a little more to -1.75
[14:12:14] <Donnin________> thats like the biggest stop u had in months
[14:12:25] <Donnin________> thats amazing
[14:12:44] <wrbtrader> -4 is the exact same stop I always use...for 8 years I think
[14:13:15] <wrbtrader> You may be talking about the "trail stop adjustment" after the -4 initial stop
[14:13:23] <Donnin________> yes thats what i mean
[14:13:32] <wrbtrader> Long Emini ES @ 2742.50 -> small size
[14:13:37] <wrbtrader> 3 contracts
[14:13:59] <wrbtrader> today I slowed down my trail stop adjustments after that first crazy volatility spike
[14:14:25] <wrbtrader> Exited all Emini ES Long @ 2745.25 --> + 2.75
[14:15:57] <wrbtrader> I usually start looking to move my initial stop into a tighter trail stop as soon as I enter...today I decided to wait about 15 seconds before the first adjustment
[14:18:49] <wrbtrader> Long Emini ES @ 2746.25 -> small size
[14:18:55] <wrbtrader> 3 contracts
[14:19:00] <wrbtrader> bad entry
[14:19:54] <wrbtrader> Exited all Emini ES Long @ 2747.25 --> + 1
[14:52:11] <wrbtrader> volatility spike out of nowhere
[14:56:09] <wrbtrader> Long Emini ES @ 2751.75 -> small size
[14:56:17] <wrbtrader> 3 contracts
[14:58:10] <wrbtrader> Exited all Emini ES Long @ 2753.00 --> + 1.25
[15:24:51] <wrbtrader> Shorts Emini ES @ 2747.50 -> small size
[15:24:58] <wrbtrader> 3 contracts
[15:25:24] <wrbtrader> another poor entry
[15:25:27] <wrbtrader> geeesh
[15:27:15] <wrbtrader> NQ held its S area
[15:29:44] <wrbtrader> Covered all Emini ES Short @ 2749.25 --> - 1.75
[15:30:38] <wrbtrader> Shorts Emini ES @ 2747.50 -> medium size
[15:30:45] <wrbtrader> 5 contracts
[15:31:53] <wrbtrader> oh oh
[15:32:51] <wrbtrader> long shadow intervals trying to show up
[15:33:27] <wrbtrader> Covered all Emini ES Short @ 2747.25 --> + 0.25
[15:33:46] <wrbtrader> moved my trail stop too soon
[15:43:44] <wrbtrader> Shorts Emini ES @ 2745.25 -> small size
[15:43:51] <wrbtrader> 3 contracts
[15:45:18] <wrbtrader> Covered all Emini ES Short @ 2746.25 --> - 1
[15:45:23] <wrbtrader> punks
[15:46:04] <wrbtrader> Long Emini ES @ 2747.00 -> medium size
[15:46:20] <wrbtrader> 3 + 3 contracts
[15:46:30] <wrbtrader> the add is an error but will hold it
[15:48:00] <wrbtrader> Exited all Emini ES Long @ 2745.50 --> - 1.5
[15:49:36] <wrbtrader> Shorts Emini ES @ 2743.50 -> medium size
[15:49:49] <wrbtrader> 6 contracts
[15:53:25] <wrbtrader> Covered all Emini ES Short @ 2743.25 --> + 0.25
[15:53:33] <wrbtrader>
[15:57:50] <wrbtrader> Shorts Emini ES @ 2739.75 -> medium size
[15:59:20] <wrbtrader> Covered all Emini ES Short @ 2739.50 --> + 0.25
[15:59:31] <wrbtrader> That sucks
[16:25:25] <wrbtrader> Had a rough most recent 2 trades for those +0.25
[16:26:00] <wrbtrader> Couldn't manage them properly because of family distractions with my kids
[16:27:21] <wrbtrader> Both had reached WRB pt1 and I was not able to grab it...then both retraced to hit my trail stop for a pick pocket
[16:45:34] <wrbtrader> Just finish doing my documentations for my trade journal...
[16:45:42] <wrbtrader> Take care all and see all tomorrow
[17:18:30] <Trendtrader> see you tomorrow (hopefully, although I may be out. I have some computer issues to deal with) take care all.
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)