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 Post subject: January 8th Tuesday - Futures, Forex, Stocks and ETF
 Post Posted: Tue Jan 08, 2019 4:27 pm 
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Trader / Forum Admin

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
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.

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 mimic/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:
010819-TheStrategyLab-Chat-Room-Key-Markets.png
010819-TheStrategyLab-Chat-Room-Key-Markets.png [ 2.55 MiB | Viewed 198 times ]

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

[09:19:52] * Now talking in ##TheStrategyLab
[09:30:00] <Seanl> Hi ALL
[09:30:25] <wrbtrader> Hi Seanl
[09:33:02] <wrbtrader> Long Emini ES @ 2577.50 -> medium size
[09:33:08] <wrbtrader> 5x
[09:33:50] <wrbtrader> Exited all Emini ES Long @ 2576.75 --> - 0.75
[09:34:42] <wrbtrader> Long Emini ES @ 2576.75 -> medium size
[09:34:51] <wrbtrader> 5x re-entry
[09:35:36] <wrbtrader> Exited all Emini ES Long @ 2577.25 --> + 0.5
[09:35:56] <wrbtrader> superfast chop :(
[09:37:57] <wrbtrader> Shorts Emini ES @ 2576.00 -> medium size
[09:38:02] <wrbtrader> 5x
[09:39:05] <wrbtrader> Covered all Emini ES Short @ 2576.50 --> - 0.5
[09:39:12] <Tigerman______> gm all
[09:39:46] <wrbtrader> Shorts Emini ES @ 2576.00 -> medium size
[09:39:53] <wrbtrader> 5x re-entry
[09:40:08] <wrbtrader> looks like a wild ride morning :(
[09:40:38] <wrbtrader> Covered all Emini ES Short @ 2575.00 --> + 1
[09:41:12] <wrbtrader> All my trades so far have been stop pick pocketing :(
[09:41:22] <wrbtrader> maybe my trail stops are too tight
[09:42:28] <wrbtrader> Long Emini ES @ 2577.50 -> medium size
[09:42:32] <wrbtrader> 5x
[09:43:05] <wrbtrader> This is the same price action that showed up early October 2018 before all the crazy wild volatility showed up
[09:43:45] <wrbtrader> Exited all Emini ES Long @ 2580.00 --> + 2.5
[09:43:56] <wrbtrader> not a WRB pt1
[09:44:06] <wrbtrader> early exit
[09:44:32] <Seanl> Took NQ long at 9:42 am +5.5
[09:45:53] <wrbtrader> Price action back inside the s/r zone of the prior contracting volatility
[09:46:51] <wrbtrader> Shorts Emini ES @ 2578.00 -> medium size
[09:46:54] <wrbtrader> 5x
[09:47:04] <wrbtrader> shorting the former R area
[09:47:16] <wrbtrader> when price action fell back below
[09:47:28] <wrbtrader> WRB pt1 reached
[09:49:12] <wrbtrader> Covered all Emini ES Short @ 2570.75 --> + 7.25
[09:49:32] <Seanl> Nice H zone on NQ 1 min chart.
[09:50:55] <wrbtrader> Tigerman...how you feeling today ???
[09:51:42] <wrbtrader> Shorts Emini ES @ 2571.00 -> medium size
[09:51:45] <wrbtrader> 5x
[09:52:24] <wrbtrader> Covered all Emini ES Short @ 2570.75 --> + 0.25
[09:53:08] <wrbtrader> not a stop hit
[09:53:30] <wrbtrader> covered the position because I made a mistake with the entry
[09:53:39] <wrbtrader> realized it was not a valid trade signal
[09:54:37] <Tigerman______> contracting vola now after the down spike @ 9:48am
[09:55:06] <Tigerman______> today few trade post here
[09:55:26] <Tigerman______> using fast trades just barely able to trade it :)
[09:55:44] <Tigerman______> infact I have to re-set my screen while off trading
[10:17:53] <Seanl> reconnect
[11:00:34] <wrbtrader> Just got back from a schedule break
[11:01:17] <Tigerman______> instead I dis a study on fast chart
[11:01:33] <Tigerman______> very demanding
[11:01:52] <Tigerman______> infact I ll exit and end my session x today
[11:02:16] <wrbtrader> Tigerman...they main issue with the superfast price action is that we can NOT see it in the hindsight charts (static charts)
[11:02:50] <wrbtrader> You can only see it in realtime live price action or if you video record it
[11:03:45] <Tigerman______> yes infact I glu my eyes at many screen most the time... result very very tiresome
[11:04:16] <wrbtrader> Most traders are learning/studying ONLY from hindsight charts and that makes it very difficult to trade the fast price action in live price action
[11:04:29] <Tigerman______> it is a lot of action not seen in static 2 minute chart x example
[11:05:33] <Tigerman______> I think issue is the adapting very fast to daily variation in action
[11:05:46] <wrbtrader> People use to laugh at me several years ago when I would do the recordings via Camstasia
[11:05:54] <wrbtrader> Not anymore :)
[11:05:58] <Tigerman______> most difficult these days via faster algos
[11:06:58] <wrbtrader> Since October 2018...I have rarely study the price action via hindsight charts...the charts look normal
[11:07:49] <wrbtrader> Need to have video for studying and then you can see how fast the price action is moving in each interval as it develops
[11:10:09] <Tigerman______> ok I finish here
[11:10:15] <Tigerman______> take care all see next time
[11:29:44] <wrbtrader> Shorts Emini ES @ 2557.50 -> medium size
[11:29:47] <wrbtrader> 5x
[11:30:32] <wrbtrader> superfast price action
[11:31:20] <wrbtrader> Covered all Emini ES Short @ 2551.75 --> + 5.75
[11:31:29] <wrbtrader> WRB pt1 reached
[11:32:43] <wrbtrader> In normal volatility...if I take a break and come back in 30mins or so...the price action may have moved no more than 5 points
[11:33:07] <wrbtrader> In this superfast price action...its moved +20 points
[11:33:19] <wrbtrader> in the same time duration of a break
[12:49:10] <wrbtrader> Shorts Emini ES @ 2557.75 -> medium size
[12:49:14] <wrbtrader> 5x
[12:49:34] <wrbtrader> superfast price action...missed most of the price drop
[12:49:48] <wrbtrader> signal @ 2561.25
[12:52:09] <wrbtrader> Covered all Emini ES Short @ 2556.75 --> + 1
[12:58:04] <wrbtrader> Long Emini ES @ 2558.75 -> medium size
[12:58:07] <wrbtrader> 5x
[12:58:44] <wrbtrader> small WRBpt1 reached
[13:00:06] <wrbtrader> Exited all Emini ES Long @ 2559.25 --> + 0.5
[13:00:22] <wrbtrader> trail stop pickpocketed
[13:01:33] <wrbtrader> Shorts Emini ES @ 2558.25 -> medium size
[13:01:36] <wrbtrader> 5x
[13:02:48] <wrbtrader> Covered all Emini ES Short @ 2557.75 --> + 0.5
[13:03:03] <wrbtrader> trail stop pick pocketed :(
[13:03:44] <wrbtrader> In comparison to yesterday...today I'm tightning my trail stops soon after entry
[13:04:28] <wrbtrader> Yesterday I spent too much analysis & watching the price action after my entries...reason why my losing trades were more and larger yesterday than today
[13:05:13] <wrbtrader> Could have been worst...today I could have been trading like yesterday and would have have huge losses today
[13:05:29] <wrbtrader> Instead, I'm nicely profitable today
[13:57:58] <wrbtrader> Just got back from another break
[13:58:38] <wrbtrader> Realized I should have start the video recorder when I notice the superfast price action showing up today
[14:18:04] <wrbtrader> Shorts Emini ES @ 2572.50 -> medium size
[14:18:08] <wrbtrader> 5x
[14:19:25] <wrbtrader> WRB pt1 reached
[14:20:58] <wrbtrader> That was my best entry of the day
[14:22:01] <wrbtrader> Covered all Emini ES Short @ 2569.00 --> + 3.5
[14:28:04] <wrbtrader> Take care...I'm done for the day but mainly due to the trading from yesterday. See all tomorrow
[14:43:29] <Trendtrader> no trades for me today. see all tomorrow
Session Close

-------------------------

##TheStrategyLab (located on the Freenode IRC network) is free and is a serious professional trading chat room involving WRB Analysis in which any trader (position trading, swing trading, day trading) can use the chat room to post their trades or commentaries about stocks, futures, exchange traded funds or forex currencies. Simply, you don't need to be a client of TheStrategyLab.com to use the free chat room nor do you need to be a price action trader (no indicators) because some members use indicators while others do not. Yet, the only requirement is that you want to learn WRB Analysis.

Therefore, we welcome all traders that want to learn about WRB Analysis regardless if they are beginners or experience traders in price action trading.

The purpose of ##TheStrategyLab is that it's designed to be a trade journal for documentation purposes only so that members can have a time stamp archive of trades and market commentaries of each trading day so that they can better understand their broker statements from one trade to the next trade when they review their performance numbers on any given trading day.

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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