##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
Skype: kebec2002
Business Hours: 8am - 5pm est (Mon - Fri)
wrbanalysis@gmail.com (24/7)
Twitter @ http://twitter.com/wrbtrader (24/7)
Twitter Search Hashtags: #PriceAction, #ES_F, #YM_F, #NQ_F, #volatility, #emini, #futures, #fomc, #VIX, #thestrategylab, #wrbanalysis, #SPY, #SP500, #MicroEmini, #trading, #markets, #daytrading, #swingtrading
Stocktwits @ http://stocktwits.com/wrbtrader (24/7)
TradingView @ https://www.tradingview.com/u/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).

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 ##TheStrategyLab free 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 (01/22/2020) @ https://www.bloomberg.com/news/videos/2020-01-22/-bloomberg-the-open-full-show-1-22-2020-video

[09:42:48] * Now talking in ##TheStrategyLab
[09:30:46] <Tigerman_____> all
[09:36:12] <Tigerman_____> lg ES 3032 sym
[09:39:41] <Tigerman_____> exit 2/3 @ 3333.75 +1.75
[09:43:29] <Tigerman_____> exit all rem 1/3 @ 3334.75 +2.75
[09:43:51] <Tigerman_____> hi wrbtrader
[09:44:48] <wrbtrader> Good morning
[09:49:56] <Tigerman_____> today again new fresh high in US markets
[09:50:36] <Tigerman_____> new territory no Wrb zones via regular session
[10:00:32] <wrbtrader> I have not liked this volatility all week so far...too much influence about IRAN, impeachment hearings of Trump and other stuff
[10:01:16] <Tigerman_____> yeah it is confusing VIX is slow and lower
[10:01:53] <wrbtrader> Shorts Emini ES @ 3334.50 -> small size
[10:02:04] <wrbtrader> 3 contracts
[10:04:13] <wrbtrader> The indices has been doing a good job this year so far in the influences of Market Depth
[10:04:38] <wrbtrader> For example, today the market depth gapped higher and has been declining since the Open
[10:04:56] <wrbtrader> In contrast, the Emini futures when upwards since the Open
[10:05:21] <wrbtrader> WRB pt1 reached
[10:05:55] <Donnin________> Morning what did miss?
[10:06:03] <Tigerman_____> market depth ... do you mean market breath wrbtrader
[10:06:36] <wrbtrader> Covered all Emini ES Short @ 3331.00 --> + 3.5
[10:07:12] <Tigerman_____> wow good wrbtrader
[10:10:20] <wrbtrader> Emini futures still has more downside to catch up with Market Depth declines but holding up well
[10:10:31] <Tigerman_____> I have to exit x appointment be back later
[10:11:06] <Donnin________> you found another corrriltion wrb?
[10:11:19] <Donnin________> correlation
[10:11:32] <wrbtrader> No...the same for 20 years
[10:11:54] <wrbtrader> Just not as realiable
[10:12:25] <wrbtrader> Market Depth via the AD lines just doesn't have the same correlation values as they use to
[10:14:35] <wrbtrader> Market Depth still declining...still looking like they will try to fill their big gap
[10:15:09] <wrbtrader> Shorts Emini ES @ 3331.50 -> small size
[10:15:16] <wrbtrader> 1 contract intuition
[10:16:26] <wrbtrader> Lets see if this can reach its most recent reaction low of 3330.50
[10:17:42] <wrbtrader> strong fight in the Eminis again
[10:18:53] <wrbtrader> Covered Emini ES Short @ 3332.75 --> - 1.25
[10:24:21] <wrbtrader> Long Emini ES @ 3334.50 -> small size
[10:24:23] <wrbtrader> 1 contract
[10:24:30] <wrbtrader> chasing
[10:25:03] <wrbtrader> lost focus on the trade signal @ 3332.50
[10:25:51] <wrbtrader> now I see another error...its already reached a WRB pt1 from that 3332.50
[10:26:11] <wrbtrader> looking for a Houdini Escape out of this trade
[10:26:29] <wrbtrader> Exited Emini ES Long @ 3335.25 --> + 0.75
[10:26:54] <wrbtrader> lucky to escape that trade with a profit after such a late entry
[10:30:46] <wrbtrader> Again...Emini RTY is the weak link today among the Emini futures
[10:30:57] <wrbtrader> It's been like that all weak so far
[10:34:32] <wrbtrader> I feel like I'm missing the big picture today...will now turn on CNBC and Bloomberg...maybe I'm missing the market context for the day
[10:43:58] <Donnin________> wouldyou every purchas bloombergs data
[10:44:03] <Donnin________> ever wrb
[10:45:10] <wrbtrader> You're talking about bloomberg charts
[10:46:59] <wrbtrader> Bloomberg charts and other products are really not suitable for retail traders...its something a professional trader or financial institution would use
[10:47:30] <wrbtrader> Thus, not realistic for me to use...I'm just a retail trader
[10:48:18] <wrbtrader> In contrast, Bloomberg TV is free
[10:50:46] <wrbtrader> S&P 500, Nasdaq hit record on IBM, waning China virus fears (reuters) @ https://www.reuters.com/article/us-usa- ... SKBN1ZL1QU
[11:04:33] <Donnin________> yeah but im sure you could leverage that info
[11:05:31] <wrbtrader> I don't understand what you mean by "leverage that info"
[11:05:52] <Donnin________> if the intitutions can use it
[11:06:06] <Donnin________> why not the retail
[11:07:11] <wrbtrader> The only retail traders I know that use Bloomberg charts are traders that use to work as an institutional financial firm that then decide to trade on their own after quitting their job
[11:07:38] <Donnin________> yeah makes sense
[11:08:00] <wrbtrader> Thus, they were use to using Bloomberg when they were an institutional trader and then continue using Bloomberg when they quit and started trading their own account as a retail trader
[11:19:53] <Tigerman_____> hello I m right back
[11:20:43] <Tigerman_____> strong down move after 10:45 am
[11:20:54] <Tigerman_____> in both ES Nq
[11:22:36] <wrbtrader> Yeah...they're now trying to catch up with what has been happening in Market Depth
[11:24:14] <wrbtrader> That's the thing about Market Depth...its not a timing tool. Its more of a directional analysis tool and you gotta have very good patience to stick with the direction of market depth...assuming its trending and not ranging
[11:25:10] <wrbtrader> Today, its high probability when it makes those big GAPs (Up or Down) on the Open...its going to trend to close the gap or move away from the gap.
[11:25:17] <wrbtrader> Thus, less likely to range
[11:25:32] <Tigerman_____> Market Depth = market breath = AD lines do you mean that wrbtrader?
[11:26:05] <wrbtrader> Yes, it was always been the AD lines in here
[11:26:24] <Tigerman_____> ah ok thanks
[11:30:14] <wrbtrader> Long Emini ES @ 3327.75 -> small size
[11:30:17] <wrbtrader> 1 contract
[11:30:40] <wrbtrader> keep the size small on this one...high risk trade
[11:31:20] <wrbtrader> Downtrend since 1045am and it was trading near the S area of its most recent Down WRB Hidden GAP interval
[11:31:45] <wrbtrader> WRB pt1 reached
[11:32:20] <wrbtrader> Exited Emini ES Long @ 3329.00 --> + 1.25
[12:26:23] <wrbtrader> Something I recently saw at the hospital for a recent medical appointment...
[12:27:00] <wrbtrader> With all the news about the virus outbreak in China that's now showing up in Canada and the United States...
[12:27:53] <wrbtrader> I was sitting in the MRI waiting room for a brain scan
[12:28:08] <wrbtrader> There were about 12 people in the waiting room
[12:28:29] <wrbtrader> An Asian woman came in and sat down in the waiting room.
[12:29:16] <wrbtrader> The people to her right and to her left got up and moved...a few left the room and stood outside the door into the MRI lobby room
[12:29:30] <wrbtrader> CRAZY
[12:29:46] <wrbtrader> That's paranoia
[12:30:56] <wrbtrader> One women got up and asked the receptionist at the desk in the MRI room was a mask
[12:31:02] <Tigerman_____> yeah of course Tv and news not help anyway people just try defend theyself because fear of unknown
[12:31:21] <wrbtrader> meant ask for a mask
[12:32:48] <wrbtrader> Its amazing that the fear is so strong...most in the MRI room assumed anyone that's asian...must have travelled through China and could be contagious with a death virus
[12:33:06] <Tigerman_____> anyway me and you after knowing well pneumonia ... we should concern a bit if we want move in some china district
[12:33:27] <wrbtrader> Exactly
[12:33:51] <wrbtrader> I'm still paranoid about other things...
[12:34:12] <Tigerman_____> another issue is the illegal import of pork meat from china
[12:34:32] <wrbtrader> Last week the person bagging my groceries had sneezed on my groceries without turning his head or covering up...
[12:34:56] <wrbtrader> I asked them to get me new items I had just purchased
[12:35:13] <wrbtrader> They were pssst and thought I was just a jerk
[12:35:16] <Tigerman_____> well done
[12:36:19] <Tigerman_____> simply I trust mostly just food I prepare myself or family members
[12:36:39] <wrbtrader> People don't know that pneumonia bacteria can survive on surfaces for several hours
[12:37:15] <Tigerman_____> 3 times just eaten simply grilled chicken MD fast food 3 tims stomac ache I said stop
[12:38:21] <Tigerman_____> simply most people are too ignorant and medical class not educate enought people outhere
[12:38:52] <wrbtrader> Yeah
[12:40:30] <Tigerman_____> simply I have to fight (by words) with friends and family because they fail to understand risk about health
[12:40:33] <wrbtrader> I think grocery stores should have those free santition wipes or medican hand wash machines that you see in the hospital near any elevators, doors or entries / exits from the hospitals
[12:41:25] <wrbtrader> Same with places like fast food...McDonals, Burger Kings, Tim Hortons and such
[12:42:09] <Tigerman_____> at fast food I just drink water now )
[12:42:42] <wrbtrader> I took my kids to Pizza Hut here...they had those sanitation bacteria wipe machines next to the door
[12:42:55] <wrbtrader> A nice thing to see
[12:43:20] <Tigerman_____> I always travel with a pocket sanitation bottle with me
[12:43:27] <wrbtrader> It's the only restaurant I've seen with something like thtw
[12:43:29] <wrbtrader> that
[12:43:40] <Tigerman_____> just try not use it too uch
[12:43:46] <Tigerman_____> too much
[12:44:22] <wrbtrader> Yeah...I too keep the bacteria cleaning solution bottles with me
[12:44:39] <Tigerman_____> woe talking about food ...I am going to eat grilled salmin in minutes
[12:44:49] <Tigerman_____> salmon
[12:44:54] <wrbtrader> I even keep extra surgical masks with me just in case I'm around something that very ill
[12:45:06] <wrbtrader> I'm calling it quits too.
[12:45:15] <wrbtrader> Take care all and see all tomorrow
[12:45:36] <Tigerman_____> take care wrbtrader see you next time
[15:06:56] * Now talking in ##TheStrategyLab
[15:06:57] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[15:42:20] <Trendtrader> No trades for me today. See you all tomorrow.
Session Close

Bloomberg Markets: The Close' Full Show (01/22/2020) @ https://www.bloomberg.com/news/videos/2020-01-23/-bloomberg-markets-the-close-full-show-1-22-2020-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

Review of Emmett Moore Jr. Tradingschools @ http://www.thestrategylab.com/emmett-moore-jr-tradingschools-review.htm

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 @ http://stocktwits.com/wrbtrader
@ https://www.tradingview.com/u/wrbtrader

Phone: +1 224 307-4434
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
wrbanalysis@gmail.com (24/7)