##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
CME Group Trade Against A Pro Futures Challenge: http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=360&t=4038
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...especially if you login to the free chat room and then just lurk (not say anything about your 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 Zones, WRB/WRB Hidden GAP profit targets, Key Market Events, Reaction Highs/Lows, Expanding Volatility, R area of WRB Zone, S area of WRB Zone, midpoint of WRB Zone and speed of the price action) 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 alerts room and we ban traders for attempting to use our chat room as a trade alerts room for the purpose to mimic/copy/piggyback 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 chat logs (we use it to provide critical missing info for our broker statements) 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

Our disclaimer statement applies to the chat room, forum and website @ http://www.thestrategylab.com/Disclaimer.htm


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

[09:35:46] * Now talking in ##TheStrategyLab
[09:48:10] <wrbtrader> Good morning...VIX > 18
[10:00:02] <wrbtrader> Long Emini ES @ 2783.00 -> small size
[10:00:06] <wrbtrader> 2 contracts
[10:14:44] <wrbtrader> Exited all Emini ES Long @ 2785.00 --> + 2
[10:14:56] <wrbtrader> WRB pt1 reached
[10:15:20] <wrbtrader> Long Emini ES @ 2786.00 -> small size
[10:15:32] <wrbtrader> 2 contracts re-entry
[10:15:38] <wrbtrader> increasing volatility
[10:15:54] <wrbtrader> chasing the volatility
[10:16:35] <wrbtrader> nearing the R area of a WRB Zone (unfilled)
[10:19:01] <wrbtrader> Exited all Emini ES Long @ 2790.00 --> + 4
[10:19:36] <wrbtrader> WRB Zone filled...WRB pt1 reached above the R area of the filled WRB Zone
[10:26:47] <wrbtrader> VIX has now dropped back below < 18
[11:08:25] <wrbtrader> Long Emini ES @ 2786.50 -> small size
[11:08:35] <wrbtrader> 2 contracts
[11:09:58] <wrbtrader> Exited all Emini ES Long @ 2787.00 --> + 0.5
[11:10:20] <wrbtrader> tough trade
[11:11:10] <wrbtrader> volatility starting increasing upon the entry and then it quickly dried up...now pushing back southward
[11:14:19] <wrbtrader> Shorts Emini ES @ 2782.00 -> small size
[11:14:29] <wrbtrader> 2 contracts
[11:15:18] <wrbtrader> Emini ES just fell below the S areas of its most recent Down WRB Hidden GAP interval...
[11:16:09] <wrbtrader> Will be a tough trade because its now nearing a more important S area via the most recent reaction low
[11:17:35] <wrbtrader> Hopefully a volatility spike will show up to push this lower while I'm Short before it attempts to retrace back upwards
[11:18:13] <wrbtrader> Covered all Emini ES Short @ 2781.75 --> + 0.25
[11:18:19] <wrbtrader>
[11:18:30] <wrbtrader> trail stop pick pocketed
[11:19:29] <Trendtrader> all
* Retrieving ##TheStrategyLab modes...
[11:19:42] <Trendtrader> long nq 7225
[11:20:46] <wrbtrader> Shorts Emini ES @ 2781.00 -> small size
[11:20:58] <wrbtrader> 1 contract
[11:21:38] <wrbtrader> retesting another S area now
[11:24:17] <wrbtrader> WRB pt1 reached
[11:24:29] <wrbtrader> Covered Emini ES Short @ 2777.00 --> + 4
[11:25:01] <Trendtrader> exit long nq 7211.25 -13.75
[11:25:09] <wrbtrader> Lucky trade of the day because I faded a valid Long signal
[11:26:34] <wrbtrader> Will now document why I faded that Long signal
[11:26:47] <wrbtrader> document it in ny private trade journal
[11:26:55] <wrbtrader> ny = my
[12:23:55] <wrbtrader> I just finish my documentation with screenshots of the trades in today's trade journal.
[12:24:38] <Trendtrader> me too.
[12:24:59] <wrbtrader> The reason why I ignored my Long signal and then Shorted it (a fade) was because of the price action in Emini YM futures...as in intermarket analysis
[12:26:07] <Trendtrader> Although I sometimes find I miss out on trades when I'm busy taking screenshots and writing analysis and comments in my log.
[12:26:53] <wrbtrader> YM was slowly moving down the range of a long shadow interval while all the other Eminis were contracting and having problems getting back above the S area of the S area of the most recent Down WRB Hidden GAP interval
[12:27:35] <wrbtrader> The same Down WRB Hidden GAP interval I commented about in a prior trade to that fade
[12:28:02] <wrbtrader> Simply, I must have subconsiously been monitoring that Down WRB Hidden Gap interval
[12:28:24] <wrbtrader> and when Emini ES started struggling at the S area when it was a valid Long signal...
[12:28:28] <wrbtrader> I faded it
[12:29:07] <wrbtrader> I lower my position size down to 1 contract because it was a fade (Short) of a valid Long signal
[12:30:38] <wrbtrader> Trendtrader...there's two ways I do my documentation via screenshots...
[12:31:07] <wrbtrader> I use a video recorder to record the entire trading session
[12:31:55] <wrbtrader> I then go back to the time of the trades in the recording and then take a screenshot
[12:32:04] <wrbtrader> Or...
[12:33:10] <wrbtrader> I use the macros I've set on the snagit and its just one click on the macro key and it auto makes the screen shot and then auto sends it to a folder I've designated for storage
[12:33:53] <wrbtrader> I will then got to that folder to redact (blacken out) any private info in those screenshots
[12:36:01] <wrbtrader> I tested auto screenshots like do a screenshot every 5 minutes but it eats up too much of my memory resources
[12:36:27] <wrbtrader> I have 32 gig memory on each laptop
[12:36:39] <Trendtrader> Do you record each session even now? That is very cpu and memory intensive.
[12:37:34] <Trendtrader> I've done that in the past, but haven't in a long time.
[12:37:54] <wrbtrader> When it was auto screenshoting...it would still be making screenshots right now
[12:38:14] <wrbtrader> Too hard on my laptops...I stopped doing that back in early 2016
[12:38:30] <Trendtrader> I do like your method of using snagit and using a single key to take a snapshot and then autosave.
[12:39:00] <wrbtrader> I now just manually do it after each trade via the macro in Snagit
[12:39:53] <Trendtrader> I've been doing that manually - dragging across the window and then saving. Your way is better. I don't think I've used Snagit.
[12:40:49] <wrbtrader> Yeah...snagit is great but it can cause some problems if you're not careful...
[12:41:37] <wrbtrader> For example, I was experimenting once with my ftp (auto uploads to my website private thread)...
[12:42:04] <wrbtrader> I didn't realize about 3 months later and after several hundred screenshots...
[12:42:38] <wrbtrader> It was working...the sreenshots were NOT redact...all of my account info was being shown
[12:43:14] <wrbtrader> I manage after a few hours to locate/delete every one of those screenshots
[12:43:35] <wrbtrader> and then redacted the few I wanted for reposting
[12:44:24] <wrbtrader> That sucked big time...a few months with all my info exposed for anyone to view
[12:44:30] <Trendtrader> dangerous
[12:44:57] <wrbtrader> exactly
[12:45:35] <wrbtrader> I don't mess around wih the auto FTP anymore
[12:46:10] <Trendtrader> Isn't there a way to hide your personal information? I know some platforms have an option where you can hide the account number.
[12:46:42] <wrbtrader> No...some brokers like mine makes it worst...
[12:47:23] <Trendtrader> Yeah, I could see an auto save to a personal folder first where you can do a final review and modifications where required before sending out to the world.
[12:47:26] <wrbtrader> They put your account number on every darn window in the platform instead of on the main window
[12:48:05] <Trendtrader> That seems a bit excessive! You really don't need it everywhere.
[12:48:36] <wrbtrader> Exactly...completely agree
[12:49:21] <wrbtrader> I've gotten it to only show on in just 6 windows instead of 25 windows
[12:49:40] <wrbtrader> Easier now to redact than it was in the past
[12:51:02] <wrbtrader> I asked the technical department and they said its a reminder when you're in real trading mode and not simulator mode
[12:51:10] <Trendtrader> yes, you can highlight in black fairly easily.
[12:52:37] <wrbtrader> Other brokers you can't even get into your account details from within the trading platform. Instead, you would need to use your browser to log into your account profile
[12:52:46] <wrbtrader> I like that
[12:53:32] <wrbtrader> Anyways...
[12:53:35] <Trendtrader> That seems like a poor method of reasoning. Instead of that why don't they just change part of the window to a different color? So if you are in live mode with real money change part of the interface to a unique color?
[12:53:38] <wrbtrader> I will call it quits here for the day...take care and see you tomorrow
[12:54:17] <Trendtrader> o.k. sounds good. see you tomorrow. have a good/safe evening.
Session Close

@ wrbtrader @ Frequently Asked Questions @ Risk Warnings @ Terms of Use Policy

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

##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

Where did wrbtrader go? | Elite Trader @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=161&t=2844

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)