##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 analysis involving WRB Analysis merged with your own trade methods, post real-time trades via WRB Analysis or talk about general market issues impacting today's price action involving stocks, futures, exchange traded funds or forex currencies as part of your trade journal. 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 signal calling 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 website, forum, chat room and live screen sharing meeting @ http://www.thestrategylab.com/Disclaimer.htm


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

Bloomberg Markets: The Open Full Show (7/23/2019) @ https://www.bloomberg.com/news/videos/2019-07-23/-bloomberg-markets-the-open-full-show-07-23-2019-video

[09:29:52] * Now talking in ##TheStrategyLab
[09:29:53] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:47:05] <wrbtrader> Long Emini ES @ 2985.00 -> small size
[09:47:10] <wrbtrader> 3 contracts
[09:48:57] <wrbtrader> No schedule key market events today except for a small KME out of BOJ around 1100am est
[09:49:30] <wrbtrader> Looks like a boring day unless breaking news or geopolitical events show up
[09:51:04] <wrbtrader> Exited all Emini ES Long @ 2987.75 --> + 2.75
[09:51:21] <wrbtrader> not a WRB pt1
[09:52:31] <wrbtrader> I got spooked out by the lagging price action of Emini YM futures not able to keep pace with ES, NQ and RTY futures
[09:55:32] <wrbtrader> now YM wants to catch up and a WRB pt1 is reached in Emini ES futures without me
[09:55:47] <wrbtrader> @ 2989.00
[10:44:40] <wrbtrader> Shorts Emini ES @ 2983.00 -> small size
[10:44:44] <wrbtrader> 3 contracts
[10:45:52] <wrbtrader> deceptive volatility surge
[10:46:23] <wrbtrader> Covered all Emini ES Short @ 2981.00 --> + 2
[10:46:57] <wrbtrader> WRB pt1 reached but I should have been Short around 2984.00 when I got the short signal
[10:47:15] <wrbtrader> I delayed my entry because there initially wasn't enough volatility
[10:47:31] <wrbtrader> Simply, I didn't think it would push lower
[10:47:49] <wrbtrader> but it did push lower on slow moving volatility
[11:29:03] <wrbtrader> Long Emini ES @ 2980.75 -> small size
[11:29:05] <wrbtrader> 2 contracts
[11:34:04] <wrbtrader> Exited all Emini ES Long @ 2980.00 --> - 0.75
[11:34:30] <wrbtrader> trading range now
[11:35:13] <wrbtrader> Long Emini ES @ 2981.00 -> small size
[11:35:28] <wrbtrader> 2 contracts re-entry
[11:36:19] <wrbtrader> ES trying to climb to the most recent reaction high but its going to need more volatility to prevent it from snappy back downwards
[11:38:18] <wrbtrader> WRB pt1 reached
[11:39:10] <wrbtrader> Exited all Emini ES Long @ 2984.25 --> + 3.25
[11:40:15] <wrbtrader> I'm calling it quits for the day.
[11:40:55] <wrbtrader> Take care all and see all tomorrow
[11:05:39] * Now talking in ##TheStrategyLab
[11:05:39] <werner1> wrb pt1
[11:06:54] <werner1> hi wrbtrader
[11:07:41] <wrbtrader> Good afternoon...I had log in problems this morning...no trades so far but I will be trading today
[11:09:06] <wrbtrader> werner...looks like you're having a good morning of trades
[11:09:46] <werner1> here 33 celsius...at home 21 ...hihi
[11:10:19] <werner1> yep ...
[11:12:09] <werner1> Long Emini NQ @ 7931.50
[11:12:24] <werner1> need 34.25
[11:12:40] <werner1> mm
[11:13:08] <werner1> Exited all Emini NQ Long @ 7933.00 --> + 1.5
[11:14:14] <werner1> sideline
[11:17:40] <wrbtrader> My kids are in Europe right now with their mother visiting family & friends...they called last night to tell me its suppose to reach 42 celcius today or tomorrow
[11:17:53] <wrbtrader> in France
[11:18:21] <werner1> yep
[11:19:02] <werner1> tomorrow here also
[11:19:12] <wrbtrader> ouch
[11:22:54] <werner1> boh here airco....but birds and amny other animal do not survive this
[11:23:27] <werner1> animals
[11:27:33] <wrbtrader> Yeah...I forgot you live on a farm or something like that
[11:28:08] <werner1> my german sherpherd dog has died .. it feelfs like i lost a child
[11:28:23] <wrbtrader>
[11:29:19] <werner1>
[11:30:07] <wrbtrader> I've owned two Rottweilers in my life
[11:30:38] <wrbtrader> The first I had when I 10 years old and raised her from a puppy
[11:32:19] <wrbtrader> The 2nd one was stolen from me when I was in the military
[11:32:34] <wrbtrader> I have not owned any pets since then
[11:32:35] <werner1> Shorts Emini NQ @ 7932.75
[11:32:51] <werner1> need 30.25
[11:33:54] <werner1> Covered all Emini NQ Short @ 7930.25 --> + 2.5
[11:34:36] <werner1> stolen....
[11:36:28] <wrbtrader> Yeah...he was chained up on the yard when I was on duty
[11:36:59] <wrbtrader> Neighbor saw a truck pull up and some guy go into the yard and left with my dog
[11:37:15] <werner1> wow ...
[11:37:18] <wrbtrader> Neighbor thought it was a friend
[11:37:53] <werner1> vertalen
[11:38:16] <werner1> sorry
[11:38:50] <werner1> pfff
[11:39:24] <wrbtrader> Crazy...I figure it had a be a fellow military soldier. Only soldiers lived in that area
[11:41:04] <werner1> yeah and can handlle that ...pffff must be so fusty....
[11:41:37] <wrbtrader> Most likely it was someone getting out soon and left the area. Neighbor gave the military police a good description on the guy, make of the vehicle...didn't turn up anything
[11:42:02] <wrbtrader> We even contacted the local police...nothing
[11:42:11] <wrbtrader> Vanish in thin air
[11:42:26] <werner1> djeez i think i go crazy
[11:45:14] <wrbtrader> It was tough and I think it was planned because I had orders to go back to South Korea for a year...just a month after my dog was stolen.
[11:46:38] <wrbtrader> All of my friends new I was leaving for South Korea before my dog got swiped...we even had a big party with about 40 people just two weeks before my dog was stolen.
[11:48:01] <werner1> if my cats escape ..what never happens and my dogs dougther ascape i will never forgive me that mistace...so i keep them at home safe..
[11:49:07] <werner1> pfff .. wrbtrader
[11:50:54] <wrbtrader> Long Emini ES @ 2993.00 -> small size
[11:51:00] <wrbtrader> 3 contracts
[11:51:51] <werner1> sup at nq ..i see
[11:52:09] <werner1> i whait
[11:54:18] <wrbtrader> Most of the correlations were lined up for this Long position except for Emini NQ futures
[11:54:45] <wrbtrader> I hoping NQ will join the party...its already struggling to get involved
[11:55:36] <werner1> Long Emini NQ @ 7923.75
[11:55:49] <werner1> mm tricky
[11:56:34] <wrbtrader> Exited all Emini ES Long @ 2991.50 --> - 1.5
[11:57:12] <wrbtrader> back to the most recent reaction low...my stop placement
[11:57:24] <werner1> Exited all Emini NQ Long @ 7918.25 --> - 5.5
[11:57:33] <wrbtrader> Long Emini ES @ 2992.25 -> small size
[11:57:41] <wrbtrader> 3 contracts re-entry
[11:58:02] <werner1> not yet here
[12:00:12] <wrbtrader> Weak support is now in...hopefully it will encourage a change in supply/demand to attract more Longs
[12:02:50] <werner1> mm key here nq
[12:02:58] <wrbtrader> Exited Emini ES Long @ 2992.25 --> 0
[12:02:58] <wrbtrader> Reverse and Enter Short Emini ES @ 2992.25
[12:03:20] <wrbtrader> 3 contracts on the position reversal
[12:03:23] <werner1> Shorts Emini NQ @ 7915.00
[12:03:42] <wrbtrader> weak support broken by Emini NQ
[12:03:52] <werner1> Covered all Emini NQ Short @ 7911.50 --> + 3.5
[12:05:01] <wrbtrader> Covered all Emini ES Short @ 2991.75 --> + 0.5
[12:05:21] <wrbtrader> Emini ES futures has now broken its weak support too but couldn't hold it
[12:07:05] <wrbtrader> Long Emini ES @ 2992.50 -> small size
[12:07:18] <wrbtrader> 3 contracts
[12:07:39] <werner1> Long Emini NQ @ 7917.75
[12:08:01] <wrbtrader> Only good thing is that these trade signals in this price area will produce a nice WRB Zone if price can move higher
[12:08:54] <werner1> need 7919.50
[12:11:16] <werner1> Exited all Emini NQ Long @ 7917.50 --> - 0.25
[12:12:23] <wrbtrader> 2nd time I've seen correlations lined up together in this price area but Emini NQ seems to be the odd ball
[12:14:23] <wrbtrader> Reminder - This is earnings season soon PLUS we have a big anticipated (hyped) FED Rate Announcement next week at the end of the month
[12:14:43] <werner1>
[12:14:56] <wrbtrader> A lot of crazy / confusing price action will show up until then.
[12:15:16] <werner1> tx
[12:17:19] <wrbtrader> stop tighten
[12:19:15] <wrbtrader> now trailing @ profit
[12:22:58] <wrbtrader> WRB pt1 reached
[12:23:35] <wrbtrader> Exited all Emini ES Long @ 2995.50 --> + 3
[12:24:06] <wrbtrader> now that prior area of trade signals has a good chance to qualify as a WRB Zone
[12:24:27] <wrbtrader> as explained in WRB Analysis Tutorial Chapter 3
[12:29:41] <werner1> Shorts Emini NQ @ 7919.00
[12:30:43] <werner1> need 17
[12:31:18] <werner1> Covered all Emini NQ Short @ 7919.00 --> 0
[12:32:11] <werner1> Covered all Emini NQ Short @ 7917.00 --> + 2
[12:33:54] <werner1> Long Emini NQ @ 7922.00
[12:37:54] <werner1> Exited all Emini NQ Long @ 9727.00 --> + 1805
[12:38:02] <werner1> djeez
[12:38:50] <wrbtrader> Crazy...Emini ES futures bounced of the top of that WRB Zone that was created earlier that I was talking about...
[12:39:04] <wrbtrader> I missed it because of a toilet break
[12:39:28] <werner1> Long Emini NQ @ 7922.00
[12:40:04] <werner1> Exited all Emini NQ Long @ 7927.00 --> + 5
[12:40:13] <werner1> pff ..
[12:58:41] <wrbtrader> Long Emini ES @ 2996.25 -> small size
[12:58:52] <wrbtrader> 3 contracts
[12:59:29] <wrbtrader> punks...it wouldn't let me grab 2995.75
[13:00:03] <wrbtrader> my entry is too close to a key price reaction high
[13:00:29] <wrbtrader> I will need help from volatility...it needs to show up to push this higher
[13:01:05] <wrbtrader> Exited all Emini ES Long @ 2996.00 --> - 0.25
[13:03:49] <wrbtrader> Long Emini ES @ 2995.75 -> small size
[13:03:52] <wrbtrader> 3 contracts re-entry
[13:10:29] <wrbtrader> Exited all Emini ES Long @ 2996.00 --> + 0.25
[13:14:50] <wrbtrader> Long Emini ES @ 2996.50 -> small size
[13:14:59] <wrbtrader> 3 contracts
[13:15:13] <wrbtrader> tight range in this area
[13:15:43] <wrbtrader> 1.75 point range
[13:16:09] <wrbtrader> easy stop placements and easy breakout to chase
[13:17:24] <wrbtrader> perfect example of contracting volatility with its own support/resistance levels
[13:18:11] <wrbtrader> eventhough WRB pt1 are typically small unless a volatility spike shows up
[13:24:44] <wrbtrader> Emini ES struggling too much to get above the R area @ 2997.00 of this contracting volatility
[13:24:54] <wrbtrader> Now above
[13:26:00] <wrbtrader> small WRB pt1 reached
[13:26:53] <wrbtrader> Exited all Emini ES Long @ 2997.00 --> + 0.5
[13:29:05] <wrbtrader> Careful trading today for me for two reasons...I had log in problems in my broker platform and IRC this morning and we're within an intraday market tendency range the week before Earnings & Hyped FOMC Rate Announcement
[13:29:37] <wrbtrader> Simply, small profits today and I may reduce my position size for the remainder of the week
[13:29:50] <wrbtrader> I'm done trading for the day...take care and see all tomorrow
Session Close

Bloomberg Markets: The Close Full Show (7/23/2019) @ https://www.bloomberg.com/news/videos/2019-07-23/-bloomberg-markets-the-close-full-show-7-23-2019-video

@ 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

Micro E-mini Futures MES, MNQ, MYM and M2K

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 BZ/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)