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 Post subject: January 2nd Wednesday - Futures, Forex, Stocks and ETF
 Post Posted: Wed Jan 02, 2019 4:37 pm 
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Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
Location: Canada
TheStrategyLab Price Action Trading (no technical indicators)
Free Chat Room: http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164 (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
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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

Attachment:
010219-TheStrategyLab-Chat-Room-Key-Markets.png
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click on the above image to view today's price action of key markets

[09:31:41] * Now talking in ##TheStrategyLab
[09:31:43] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:32:44] <Tigerman______> gm all and Happy New year
[09:32:57] <Tigerman______> happy 2019 trading year
[09:36:50] <wrbtrader> Good morning and Happy New Year
[09:37:29] <wrbtrader> I'm not going to hold my breadth that we'll have "calm" price action with smooth volatility in 2019 but it is on my wish list :)
[09:38:07] <Tigerman______> hi wrbtrader
[09:38:27] <Tigerman______> honestly I do not know what volatility will be
[09:38:53] <Tigerman______> important I can gain something from any scenario
[09:40:52] <wrbtrader> Shorts Emini ES @ 2470.00 -> large size
[09:40:57] <wrbtrader> 10x
[09:41:00] <Tigerman______> not a big moving day this session in my opinion..no Big news plus banks trader still around after new year party :)
[09:41:50] <wrbtrader> Covered all Emini ES Short @ 2473.75 --> - 3.75
[09:42:05] <Tigerman______> too much contrasting in markets right now
[09:46:43] <wrbtrader> RTY still not insync with the other Emini futures in the volatility movement :(
[09:53:27] <Tigerman______> hi wrbtrader not sure if you read my msg in chat lasy yera...anyway I ask you if you can able me to read your private journal at TSL forum thanks
[09:54:29] <Tigerman______> also if you like have a look at my journal and comment if any counsel by you is needed to improve my journal
[09:55:19] <wrbtrader> I'll look at the private trade journals this weekend...some have questions about recommended professional trade journals that I've never heard about
[09:56:25] <wrbtrader> My own private trade journal is only viewable by qualified members but I may soon make it public temporary...I have some coding problems and I need to make it public to fix it (I think)
[09:57:15] <Tigerman______> ah ok good...so you plan to able me to your journal after the weekend right?
[09:57:46] <wrbtrader> I will read members private journal this weekend
[09:58:11] <wrbtrader> I notice there's some questions that are common about professional trade journals
[09:58:40] <Tigerman______> ah ok good
[09:59:00] <wrbtrader> I think I need to set up a public area within the private section for people to see common questions from other members while not being able to see the private journals of other members
[09:59:20] <wrbtrader> It's tricky coding I'm not use to doing...setting up a public area inside a private area
[10:00:11] <Tigerman______> wrbtrader writing a trade journal it is a BIG task...of course pro journal tools can help...just..
[10:00:33] <wrbtrader> Yes...I'm becoming more aware of that fact.
[10:00:38] <Tigerman______> most depends on trader..as you will see I add many charts and comments
[10:00:54] <wrbtrader> Journaling has been natural for me...I've been doing it since the late 1990's
[10:01:13] <wrbtrader> Before that...I've always maintained a diary of my personal life
[10:01:25] <wrbtrader> Easy stuff for me but not so easy for others
[10:01:28] <Tigerman______> I have many journals.. trading sport health and so on all are separated
[10:01:40] <wrbtrader> Shorts Emini ES @ 2475.00 -> large size
[10:01:47] <wrbtrader> 10x
[10:03:24] <wrbtrader> Covered all Emini ES Short @ 2476.50 --> - 1.5
[10:03:55] <wrbtrader> I hate when a trade signal in the opposite direction shows up soon after entry
[10:04:15] <wrbtrader> Example this trade...a Short signal and then soon after a Long Signal shows up :(
[10:04:43] <wrbtrader> Not enough reaction time or I'm too slow in gettting Long to minimize the losing Short position
[10:05:00] <Tigerman______> yeah the point is ..we need to be fast really fast not so easy
[10:05:30] <wrbtrader> Since October...is proven to me its "far too fast"
[10:05:46] <wrbtrader> My most common complaint in here since October.
[10:05:49] <Tigerman______> wrbtrader... your trade is an example how much day trading is difficult and CAnnot be done by everyone
[10:05:55] <wrbtrader> The price action is way too fast for me to manage
[10:06:20] <wrbtrader> Blame it on the ALGOs :)
[10:06:41] <Tigerman______> this fall action i ES is similar to Dax from many years to these days
[10:07:30] <wrbtrader> That's interesting to hear...its been awhile since I've traded the DAX.
[10:07:41] <Tigerman______> I m going to get a quantum computer as soon as possible :)
[10:07:56] <wrbtrader> I don't remember current Emini ES price action is similar to the old DAX price action
[10:08:40] <wrbtrader> Long Emini ES @ 2486.25 -> large size
[10:08:41] <Tigerman______> Dax is tiny as liquidity and fast in shake trades as hell
[10:08:46] <wrbtrader> 10x
[10:09:54] <wrbtrader> Exited all Emini ES Long @ 2491.50 --> + 5.25
[10:10:04] <wrbtrader> see...just crazy
[10:10:26] <wrbtrader> Trades like that make me think about the "luck" in trading
[10:11:49] <wrbtrader> I almost exited that at a profit @ 2586.50 because it immediately went against me...psychology was setting me up for my 3rd loss (consecutive loss) and then it suddenly turns around to go back upwards
[10:13:01] <wrbtrader> I've always stated there's "a little luck" involved in trading and "a little bad luck" involved
[10:13:09] <wrbtrader> I think it all evens out though
[10:14:19] <wrbtrader> Emini futures back insync with each other since 1000am est
[10:18:08] <wrbtrader> One of the most common questions in the private trade journal section is about "which stats" are important to pay attention too ???
[10:18:33] <wrbtrader> I do not have an answer to that because I'm not a quant person nor a statician
[10:19:06] <wrbtrader> Yet, I do know via my own personal stats that I would pay more attention to the following:
[10:19:35] <wrbtrader> 1) Number or percentage of trades within the trading plan versus outside of the trading plan
[10:20:13] <wrbtrader> 2) Profits or losses of each category mentioned in 1)
[10:21:34] <wrbtrader> 3) % of profits associated with swing point price actions versus strong continuation price actions
[10:21:51] <wrbtrader> Stuff like that more directly connected to the use of WRB Analysis
[10:23:59] <Tigerman______> afetr many years ... I think the trader is most important thing
[10:24:27] <Tigerman______> of course we need a positive aspetancy
[10:24:29] <wrbtrader> I notice in the private journals that most talk only about traditional stats like Avg Wins/Loss, Max consecutive wins/loss, avg hold times wins/loss, % of risk of capital etc.
[10:25:45] <wrbtrader> Another fast price movement...
[10:25:54] <Tigerman______> yep
[10:25:55] <wrbtrader> Scary every time I see such
[10:26:55] <wrbtrader> Shorts Emini ES @ 2489.50 -> medium size
[10:27:06] <wrbtrader> 5x
[10:27:24] <Tigerman______> wrbtrader if you follow stocks close with futures you ll note stocks are faster in price
[10:28:15] <wrbtrader> Covered all Emini ES Short @ 2488.00 --> + 1.5
[10:28:41] <wrbtrader> Lowering my risk via dropping the position size down to 5 contracts...
[10:29:01] <wrbtrader> I'm a litle spooked by the speed of the price action so far today
[10:31:44] <wrbtrader> Shorts Emini ES @ 2487.00 -> medium size
[10:31:48] <wrbtrader> 5x
[10:34:09] <wrbtrader> WRB pt1 reached
[10:34:22] <wrbtrader> Covered all Emini ES Short @ 2483.00 --> + 4
[10:38:33] <wrbtrader> Still a very impressive rebound UP after the early morning lows from dramtically drop in the price and peaked around 3:40am est this morning
[10:39:41] <wrbtrader> Whomever rode a Short position down that far...I hope they cover that position before the rebound back up soon after 3:40am est
[10:41:48] <wrbtrader> By the way, context of the day is the continue U.S. Government Shutdown that's creating these dramatic price swings
[10:42:30] <wrbtrader> 12th day of the Government Shutdown of that damn Border Wall argument
[10:42:46] <wrbtrader> https://www.cnbc.com/2019/01/02/pelosi- ... sists.html
[10:46:36] <wrbtrader> Shorts Emini ES @ 2492.00 -> medium size
[10:46:39] <wrbtrader> 5x
[10:47:22] <wrbtrader> Covered all Emini ES Short @ 2493.50 --> - 1.5
[10:47:33] <wrbtrader> punks
[10:48:24] <wrbtrader> crazy speed in the price action
[10:48:39] <wrbtrader> Shorts Emini ES @ 2493.25 -> medium size
[10:48:43] <wrbtrader> 5x
[10:49:55] <wrbtrader> Covered all Emini ES Short @ 2490.75 --> + 2.5
[10:51:31] <wrbtrader> both trades were counter-trend trades
[10:52:27] <wrbtrader> I need to keep stats on these types of counter-trend trades during this volatility (fast price movement) since October
[10:52:50] <wrbtrader> Wow...
[10:53:02] <wrbtrader> See how fast it rolled back upwards
[10:56:24] <Tigerman______> yeah I see that via my custom chart ticks
[10:56:44] <Tigerman______> Algos fight
[10:57:07] <wrbtrader> Long Emini ES @ 2497.75 -> medium size
[10:57:09] <wrbtrader> 5x
[10:57:51] <wrbtrader> Exited all Emini ES Long @ 2498.00 --> + 0.25
[10:58:07] <wrbtrader> easily shaken out :(
[10:58:54] <wrbtrader> Long Emini ES @ 2497.75 -> medium size
[10:58:57] <Tigerman______> lg es 98.25
[10:58:59] <wrbtrader> 5x
[10:59:04] <wrbtrader> re-entry
[10:59:45] <Tigerman______> exit all @ 98.25 +0
[10:59:45] <wrbtrader> Exited all Emini ES Long @ 2497.00 --> - 0.75
[10:59:50] <Tigerman______> sym trade
[11:00:08] <Tigerman______> I m in protection mose after profit x today
[11:04:25] <wrbtrader> Long Emini ES @ 2497.00 -> large size
[11:04:28] <wrbtrader> 10x
[11:05:25] <wrbtrader> Exited all Emini ES Long @ 2500.00 --> + 3
[11:05:56] <wrbtrader> rolled the dice on that position size in the trend direction
[11:06:40] <wrbtrader> Now will drop down to small size only for the remainder of the trading day
[11:11:28] <wrbtrader> Long Emini ES @ 2503.00 -> small size
[11:11:31] <wrbtrader> 2x
[11:12:10] <wrbtrader> Exited all Emini ES Long @ 2503.25 --> + 0.25
[11:12:49] <wrbtrader> Long Emini ES @ 2504.00 -> small size
[11:13:00] <wrbtrader> 2x re-entry
[11:15:27] <wrbtrader> Exited all Emini ES Long @ 2506.25 --> + 2.25
[11:16:05] <wrbtrader> I thought I saw 2508.00 but then I wonder if it was a bad quote...
[11:16:28] <wrbtrader> Should'uv just dumped it then because in hindsight...it was a good quote
[11:30:29] <wrbtrader> Crazy...Emini futures filled in that big down gap on the regular session chart
[11:30:54] <wrbtrader> That's a very impressive up move
[11:32:22] <wrbtrader> Easy to say its manipulated after what the White House recently did when it counted all the major bank CEOs and major financial instittuion CEOs about their concerns about the recent market declines
[11:32:47] <wrbtrader> counted = contacted
[11:34:22] <wrbtrader> White House even recently attacked the FED decisions...
[11:35:13] <wrbtrader> White House will do what it takes to keep further declines
[11:35:23] <wrbtrader> from happening
[11:36:16] <wrbtrader> If this market bounces back upwards into new 52 week highs...
[11:36:32] <wrbtrader> They'll be screaming manipulation in the markets
[11:37:43] <wrbtrader> Market will need to get even "crazier" to be able to make it to new 52week highs this year
[11:37:53] <wrbtrader> This new year :)
[12:09:06] <Tigerman______> ok I finish here take care all see next time
[12:27:21] <wrbtrader> Long Emini ES @ 2497.00 -> small size
[12:27:25] <wrbtrader> 2x
[12:32:07] <wrbtrader> speed of the chop is increasing again
[12:32:09] <wrbtrader> :(
[12:33:12] <wrbtrader> Exited all Emini ES Long @ 2497.50 --> + 0.5
[12:33:50] <wrbtrader> trail stop was hit
[12:36:14] <wrbtrader> Long Emini ES @ 2499.25 -> small size
[12:36:19] <wrbtrader> 3x
[12:36:46] <wrbtrader> It popped again after the fast chop had shown up :)
[12:37:28] <wrbtrader> Exited all Emini ES Long @ 2505.00 --> + 5.75
[12:37:38] <wrbtrader> WRB pt1 reached
[12:41:43] <wrbtrader> Just got another Long signal that I ignored...
[12:41:58] <wrbtrader> Had I taken the trade...it would have resulted as a loss
[12:43:48] <wrbtrader> Long Emini ES @ 2506.00 -> small size
[12:43:52] <wrbtrader> 3x re-entry in reaction to the prior missed Long signal
[12:47:33] <wrbtrader> Exited all Emini ES Long @ 2509.00 --> + 3
[12:47:43] <wrbtrader> WRB pt1 reached
[12:47:59] <wrbtrader> @ 2509.50 but not able to grab it
[12:56:41] <wrbtrader> Long Emini ES @ 2508.25 -> small size
[12:56:45] <wrbtrader> 3x
[12:58:31] <wrbtrader> Exited all Emini ES Long @ 2511.00 --> + 2.75
[13:00:20] <wrbtrader> I'm not sure if my trading improved because I have less fear in comparison to when I traded earlier today via large position size or if its because I've switched to my other trade methods
[13:18:03] <wrbtrader> I'm still waiting for the tight range of fast chop to show up
[13:18:44] <wrbtrader> waiting for another one...its like early clues to the strong directional fast price movement
[13:42:20] <wrbtrader> Long Emini ES @ 2514.75 -> small size
[13:42:24] <wrbtrader> 3x
-
[13:43:55] * Now talking in ##TheStrategyLab
[13:43:55] -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
[13:46:45] <wrbtrader> Exited all Emini ES Long @ 2516.25 --> + 1.5
[13:51:33] <wrbtrader> Shorts Emini ES @ 2515.50 -> small size
[13:51:38] <wrbtrader> 1x
[13:52:25] <wrbtrader> Covered Emini ES Short @ 2516.50 --> - 1
[13:52:55] <wrbtrader> Long Emini ES @ 2517.00 -> small size
[13:52:58] <wrbtrader> 3x
[13:55:13] <wrbtrader> Exited all Emini ES Long @ 2516.00 --> - 1
[13:55:49] <wrbtrader> starting to range and speed of the price action is choppy
[13:56:14] <wrbtrader> Will wait until the speed of the price action dramatically increases while still in a range
[13:57:18] <wrbtrader> Long Emini ES @ 2517.00 -> small size
[13:57:22] <wrbtrader> 3x
[14:00:05] <wrbtrader> Exited all Emini ES Long @ 2520.00 --> + 3
[14:00:20] <wrbtrader> WRB pt1 reached
[14:00:30] <wrbtrader> almost got shook out of the trade for a loss
[14:01:18] <wrbtrader> now a snapback down...below the prior R area
[14:21:20] <wrbtrader> sneaky price action right now
[14:21:51] <wrbtrader> Long Emini ES @ 2509.50 -> small size
[14:22:01] <wrbtrader> 1x
[14:24:08] <wrbtrader> Exited Emini ES Long @ 2513.25 --> + 3.75
[14:24:27] <wrbtrader> WRB pt1 reached
[14:25:24] <wrbtrader> position size error...forgot my contract size was still at 1 contract instead of 3 contracts (3x)
[14:29:50] <wrbtrader> Shorts Emini ES @ 2510.50 -> medium size
[14:29:53] <wrbtrader> 5x
[14:30:20] <wrbtrader> Covered all Emini ES Short @ 2511.00 --> - 0.5
[14:31:35] <wrbtrader> The late entry killed that trade...trade signal was @ 2511.25 but didn't get Short until 2510.50
[14:32:26] <wrbtrader> reason why I dumped it at 2511.00 even though the stop was @ 2514.50
[14:33:39] <wrbtrader> Yet, I was able to get out at a small loss before the fast price action showed up to quickly move it above 2516 price area
[14:42:51] <wrbtrader> Shorts Emini ES @ 2509.00 -> medium size
[14:42:55] <wrbtrader> 5x
[14:44:40] <wrbtrader> Covered all Emini ES Short @ 2511.00 --> - 2
[14:47:05] <wrbtrader> fast chop
[14:47:20] <wrbtrader> Long Emini ES @ 2510.75 -> medium size
[14:47:24] <wrbtrader> 5x
[14:49:12] <wrbtrader> Exited all Emini ES Long @ 2513.25 --> + 2.5
[14:50:55] <wrbtrader> Emini ES now within the s/r area of a prior contracting volatility
[14:57:19] <wrbtrader> Didn't get anywhere in the recent 3 trades and got a little lucky on the Long position
[14:58:40] <wrbtrader> Shorts Emini ES @ 2508.50 -> medium size
[14:58:48] <wrbtrader> 2x
[15:00:32] <wrbtrader> fast price action
[15:01:31] <wrbtrader> Covered all Emini ES Short @ 2508.00 --> + 0.5
[15:01:41] <wrbtrader> trail stop pick pocketed
[15:01:54] <wrbtrader> now a snapback up...very fast moving
[15:02:46] <wrbtrader> Maybe Trump called those CEOs again :)
[15:05:49] <wrbtrader> Shorts Emini ES @ 2503.75 -> small size
[15:05:52] <wrbtrader> 2x
[15:06:36] <wrbtrader> fast chop just showed up
[15:07:08] <wrbtrader> Covered all Emini ES Short @ 2504.00 --> - 0.25
[15:07:24] <wrbtrader> pending volatility spike
[15:08:01] <wrbtrader> Long Emini ES @ 2504.00 -> small size
[15:08:07] <wrbtrader> 2x
[15:08:25] <wrbtrader> Exited all Emini ES Long @ 2503.50 --> - 0.5
[15:08:51] <wrbtrader> it spiked down instead :(
[15:10:48] <wrbtrader> Shorts Emini ES @ 2501.50 -> small size
[15:10:53] <wrbtrader> 2x
[15:11:08] <wrbtrader> ooouch
[15:11:47] <wrbtrader> back below 2500 support area
[15:12:38] <wrbtrader> Covered all Emini ES Short @ 2500.50 --> + 1
[15:12:53] <wrbtrader> fast chop in a tight trading range
[15:13:49] <wrbtrader> I dumped it again because that "fast chop in a tight trading range" has been a precursor (early warning sign) for the directional fast chop that soon shows up
[15:14:47] <wrbtrader> Now back up and above 2504.00
[15:16:55] <wrbtrader> I've been saving videos of this super fast price action that goes directional
[15:17:38] <wrbtrader> The commonality was the fast chop out of a tight trading range that shows up just before the directional fast moving price action shows up
[15:18:30] <wrbtrader> These videos are stored in the sub-forum of my private thread
[15:18:42] <wrbtrader> Durations of 3 - 5 minutes
[15:21:11] <wrbtrader> Long Emini ES @ 2501.00 -> small size
[15:21:19] <wrbtrader> 2x at another S area bounce
[15:21:50] <wrbtrader> snapback down :(
[15:22:32] <wrbtrader> Exited all Emini ES Long @ 2500.00 --> - 1
[15:22:52] <wrbtrader> range getting tight again...chop getting faster
[15:24:21] <wrbtrader> Long Emini ES @ 2501.00 -> small size
[15:24:23] <wrbtrader> 2x
[15:27:05] <wrbtrader> Exited all Emini ES Long @ 2505.25 --> + 4.25
[15:27:21] <wrbtrader> WRB pt1 reached
[15:29:01] <wrbtrader> snapbacks are scary
[15:29:21] <wrbtrader> I use that word alot today...scary
[15:30:13] <wrbtrader> That's what the market feels...a lot of nervousness or jitters with all the geopolitical stuff going on with the White House...
[15:31:23] <wrbtrader> A lot of pressure on Trump
[15:32:22] <wrbtrader> Hopefully he doesn't go on Twitter and attack the FED again
[15:36:40] <wrbtrader> Long Emini ES @ 2498.00 -> small size
[15:36:43] <wrbtrader> 2x
[15:37:02] <wrbtrader> trail tighten
[15:37:32] <wrbtrader> Back above the 2500 s/r level
[15:38:35] <wrbtrader> Exited all Emini ES Long @ 2501.25 --> + 3.25
[15:38:47] <wrbtrader> WRB pt1 reached
[15:39:55] <wrbtrader> Shorts Emini ES @ 2497.00 -> small size
[15:40:01] <wrbtrader> 2x
[15:41:03] <wrbtrader> Covered all Emini ES Short @ 2496.50 --> + 0.5
[15:41:11] <wrbtrader> :(
[15:41:37] <wrbtrader> back inside the s/r area
[15:42:54] <wrbtrader> Long Emini ES @ 2499.00 -> small size
[15:42:57] <wrbtrader> 2x
[15:43:39] <wrbtrader> mentally exhausted now
[15:43:47] <wrbtrader> last trade of the day
[15:45:06] <wrbtrader> Exited all Emini ES Long @ 2497.50 --> - 1.5
[15:45:14] <wrbtrader> snapback down
[15:45:27] <wrbtrader> Take care all and see all tomorrow
Session Close

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##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.

Quote:
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 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
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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