##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

[09:19:05] * Now talking in ##TheStrategyLab
[09:30:37] <Trendtrader> all
[09:33:26] <wrbtrader> Crazy price action so far out of the gate
[09:33:37] <wrbtrader> extreme chop
[09:34:27] <Tigerman______> all
[09:35:19] <Trendtrader> long nq 6508.25
[09:37:59] <wrbtrader> This is ALGO type of opening
[09:38:21] <Tigerman______> yeahhh
[09:38:30] <Tigerman______> just did a fast short on Spy
[09:39:30] <Tigerman______> yeah it is really fast ... this week REAL money and trades... so I fight with the platform
[09:39:37] <Trendtrader> exit nq 6486.25 -22
[09:39:40] <Tigerman______> working good just price moves so fast
[09:40:29] <wrbtrader> Long Emini ES @ 2569.00 -> medium size
[09:40:32] <wrbtrader> 5x
[09:41:46] <wrbtrader> Exited all Emini ES Long @ 2567.25 --> - 1.75
[09:42:27] <wrbtrader> Long Emini ES @ 2567.50 -> medium size
[09:42:29] <wrbtrader> 5x
[09:42:35] <wrbtrader> re-entry
[09:43:30] <wrbtrader> Exited all Emini ES Long @ 2569.50 --> + 2
[09:44:30] <wrbtrader> make a mistake in my trade but exited all contracts
[09:46:00] <wrbtrader> Being transparent just in case on day I show ALL of my trade fills for today but this specific trade does not correlate with the trade fill in my broker platform
[09:46:37] <wrbtrader> Still a crazy price action...has me a little nervous
[09:47:20] <wrbtrader> wish I had held that Long position a little longer...enough to see the volatility increasing
[09:50:46] <Tigerman______> price action is still messy
[09:51:46] <Tigerman______> I ll look more on short
[09:56:27] <Tigerman______> now seems long the way to go )
[09:56:46] <Tigerman______> simply markets change very quickly these days
[09:57:15] <Tigerman______> lg spy 257.80
[09:58:36] <Tigerman______> exit all @ 73 -7 t
[09:59:31] <Tigerman______> lg spy 257.79
[10:00:02] <Tigerman______> exit 2/3 @ 92 +13t
[10:01:03] <Tigerman______> exit 1/3 @ 81 +2t
[10:01:14] <wrbtrader> Shorts Emini ES @ 2575.25 -> medium size
[10:01:17] <wrbtrader> 5x
[10:02:09] <wrbtrader> WRB pt1 reached
[10:03:30] <wrbtrader> Covered all Emini ES Short @ 2572.75 --> + 2.5
[10:07:59] <Tigerman______> sh spy 257.30
[10:10:44] <Tigerman______> exit 2/3 @ 257.18 +12t
[10:12:46] <Tigerman______> exit 1/3 @ 257.02 +28t
[10:14:34] <Tigerman______> hi trendtrader if you still there ... is it part of your strategy and plan that kind of stop on NQ
[10:14:59] <werner1> hi all
[10:15:03] <Tigerman______> I mean N. of points as stops
[10:15:17] <Tigerman______> hi werner
[10:15:39] <werner1> hi tigerman
[10:27:24] <wrbtrader> Long Emini ES @ 2570.25 -> medium size
[10:27:27] <wrbtrader> 5x
[10:27:34] <wrbtrader> poor entry
[10:29:05] <wrbtrader> Exited all Emini ES Long @ 2571.00 --> + 0.75
[10:29:34] <wrbtrader> geeesh...that took off as soon as I exited
[10:33:36] <wrbtrader> Shorts Emini ES @ 2573.00 -> medium size
[10:33:42] <wrbtrader> 5x
[10:36:16] <wrbtrader> what was that
[10:37:02] <werner1> Shorts Emini NQ @ 6517.00
[10:37:23] <Tigerman______> oh nothing wrbtrader... I just see fast Algos move via my dedicated set-up
[10:37:45] <wrbtrader> Covered all Emini ES Short @ 2569.75 --> + 3.25
[10:37:56] <werner1> Covered all Emini NQ Short @ 6513.00 --> + 4
[10:38:48] <wrbtrader> hi werner...welcome back
[10:40:06] <werner1> sorry very busy in my wife's store
[10:40:27] <wrbtrader> Tigerman...I know ALGOs are always active in the market these days but the only way I can see it is when that strange super fast price action movement
[10:40:49] <werner1> we sell parfume...
[10:40:54] <wrbtrader> So fast that manual traders can not be causing that speed in the price action
[10:41:27] <wrbtrader> Parfume
[10:41:45] <werner1> yes ..hihi
[10:42:42] <werner1> very busy month
[10:43:16] <Tigerman______> wrbtrader...yeah Algos working all day long just they are more fighter during particular moves
[10:43:51] <Tigerman______> I m study these days if that merits build something based on it
[10:43:54] <werner1> brb ..horses
[10:44:08] <Tigerman______> for example I documented Big activity some minutes ago
[10:44:26] <Tigerman______> around 300 trades in less a second
[10:44:48] <Tigerman______> fast swing around 1 point ES or 10 ticks SY
[10:45:51] <Tigerman______> point is Algos can let a a footprint sometimes
[10:56:13] <werner1> back
[10:57:06] <Tigerman______> lg spy 257.84
[10:57:15] <werner1> mm range nq 6550/6510
[10:58:06] <werner1> sofar
[10:58:29] <Tigerman______> exit all @ 78 -6t
[10:59:17] <Tigerman______> sh spy 256.72
[10:59:42] <Tigerman______> exit 2/3 @ 62 +10t
[11:00:55] <Tigerman______> exit 1/3 @ 71 +1 t
[11:01:00] <Tigerman______> fast very fast
[11:17:35] <Tigerman______> OK I finish here
[11:17:40] <Tigerman______> take care all see next time
[11:40:23] <werner1> Shorts Emini NQ @ 6504.50
[11:43:15] <werner1> Covered all Emini NQ Short @ 6508.00 --> - 3.5
[11:46:25] <werner1> mmm nq
[11:47:34] <werner1> break range down lh
[11:53:15] <werner1> Shorts Emini NQ @ 6504.00
[11:54:14] <werner1> Covered all Emini NQ Short @ 6497.00 --> + 7
[11:55:43] <werner1> its a fight here
[12:00:10] <wrbtrader> Shorts Emini ES @ 2562.25 -> small size
[12:00:15] <wrbtrader> 2x
[12:00:31] <wrbtrader> ;(
[12:00:46] <wrbtrader> It took off as soon as I enter
[12:01:00] <werner1> Shorts Emini NQ @ 6506.00
[12:01:44] <wrbtrader> now I see why...volatility index
[12:02:27] <wrbtrader> Covered all Emini ES Short @ 2564.75 --> - 2.5
[12:03:03] <wrbtrader> Also, volatility index contracting into a tight trading range
[12:03:17] <wrbtrader> easily manipulated when its like that
[12:05:08] <wrbtrader> Long Emini ES @ 2565.00 -> small size
[12:05:14] <wrbtrader> 2x
[12:05:30] <werner1> Covered all Emini NQ Short @ 6511.00 --> - 5
[12:05:42] <wrbtrader> what was that
[12:06:22] <wrbtrader> added another 2 @ 2571.00
[12:06:35] <wrbtrader> Exited all Emini ES Long @ 2571.75 --> + 6.75
[12:07:12] <wrbtrader> Volatility spike out of nowhere
[12:07:26] <werner1> indd
[12:07:42] <werner1> obove range nq
[12:07:55] <wrbtrader> The add was "intuition"...I finally got tired of getting sucker punched by those types of price movement
[12:07:55] <werner1> above
[12:08:07] <wrbtrader> Decided to jump on with an add for a quick ride
[12:10:40] <werner1> Long Emini NQ @ 6540.00
[12:19:15] <werner1> Long Emini NQ @ 6544.00 -> Add
[12:20:22] <werner1> Exited all Emini NQ Long @ 6549.00 --> + 14
[12:51:56] <werner1> again sideway action
[12:52:06] <werner1> 1 min nq
[12:54:15] <werner1> brb
[13:10:53] <Donnin________> lets pray i can make 10 trades
[13:11:13] <Donnin________> in 12 month
[13:12:25] <Donnin________> sounds easy enough
[13:28:08] <wrbtrader> Why 10 trades in 12 months
[13:28:27] <wrbtrader> You using a method that rarely gives any trade signals
[13:31:08] * Disconnected
[13:31:22] * Attempting to rejoin channel ##TheStrategyLab
[13:31:30] * Rejoined channel ##TheStrategyLab
[13:31:30] -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
[13:36:32] <Donnin________> yes gives about 30
[13:37:10] <Donnin________> and thats between 2 markets
[13:37:21] <Donnin________> nq and cl
[15:17:14] <wrbtrader_away> Just got back from a long break...needed to get some rest to re-energize
[15:40:03] <wrbtrader_away> Shorts Emini ES @ 2545.25 -> small size
[15:40:38] <wrbtrader_away> Covered all Emini ES Short @ 2546.75 --> - 1.5
[15:41:01] * wrbtrader_away is now known as wrbtrader
[15:41:18] <wrbtrader> that was a 2x trade (2 contracts)
[15:43:47] <wrbtrader> Long Emini ES @ 2549.75 -> small size
[15:43:49] <wrbtrader> 2x
[15:46:39] <wrbtrader> WRB pt1 reached
[15:48:07] <wrbtrader> Exited all Emini ES Long @ 2554.75 --> + 5
[15:52:04] <wrbtrader> Shorts Emini ES @ 2558.00 -> small size
[15:52:07] <wrbtrader> 2x
[15:54:24] <wrbtrader> Covered all Emini ES Short @ 2559.25 --> - 1.25
[15:56:01] <wrbtrader> Shorts Emini ES @ 2557.50 -> medium size
[15:56:06] <wrbtrader> 5x
[15:56:58] <wrbtrader> Covered all Emini ES Short @ 2553.50 --> + 4
[15:57:28] <wrbtrader> WRB pt1 reached and I've reaced my profit goal for the day of +3k
[15:58:18] <wrbtrader> only with the help of position size management
[15:59:38] <wrbtrader> Too much fear after the first 15mins of trading today when I saw that strange fast choppy price action
[16:00:02] <wrbtrader> Could be hints for tomorrow's FOMC announcement
[16:04:44] <wrbtrader> Looks like the big power nap I took today to re-energize worked
[16:04:55] <wrbtrader> Take care all and see all tomorrow
[16:10:21] <Donnin________> congrats
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)