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 Post subject: February 5th Weds - #futures #forex #stocks #trading
 Post Posted: Wed Feb 05, 2020 10:47 am 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2815
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
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.

Image 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

020520-TheStrategyLab-Chat-Room-Key-Markets.png [ 4.52 MiB | Viewed 15 times ]

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

Bloomberg Markets: The Open Full Show (02/05/2020) @ https://www.bloomberg.com/news/videos/2020-02-05/-bloomberg-the-open-full-show-2-5-2020-video

[09:24:28] * Now talking in ##TheStrategyLab
[09:31:52] <wrbtrader> Shorts Emini ES @ 3327.75 -> large size
[09:32:00] <wrbtrader> 10 contracts
[09:32:23] <wrbtrader> Long Upper Shadow interval on the opening bell
[09:33:32] <wrbtrader> Market Depth now mixed
[09:33:39] <wrbtrader> some going up and some going down
[09:33:54] <wrbtrader> after their own big Up gap on the open
[09:35:22] <wrbtrader> WRB pt1 reached
[09:35:33] <wrbtrader> Emini NQ futures is weak so far
[09:35:58] <wrbtrader> Emini ES currently testing its most recently reaction low
[09:36:08] <wrbtrader> Its a key S area too
[09:36:22] <wrbtrader> trailing @ profit
[09:36:49] <wrbtrader> Market Depth now trying to get insync
[09:37:40] <wrbtrader> Another Long Upper Shadow interval
[09:37:56] <wrbtrader> now below that S area
[09:38:39] <wrbtrader> Covered all Emini ES Short @ 3322.75 --> + 5
[09:39:15] <wrbtrader> caught the R area of an unfilled WRB Zone
[09:39:53] <wrbtrader> lowering position size
[09:41:03] <wrbtrader> Shorts Emini ES @ 3321.75 -> small size
[09:41:06] <wrbtrader> 2 contracts
[09:41:45] <wrbtrader> trying to catch a new intraday day from the 7am est price action
[09:41:47] <wrbtrader> just did
[09:42:11] <wrbtrader> Covered all Emini ES Short @ 3318.00 --> + 3.75
[09:51:41] <wrbtrader> That's a nice counter-thrust back upwards in the Emini YM futures that the other Eminis were not able to keep pace with
[09:52:26] <wrbtrader> Dow Jones up +321 so far
[09:54:12] <wrbtrader> Shorts Emini ES @ 3324.00 -> small size
[09:54:14] <wrbtrader> 3 contracts
[09:55:37] <wrbtrader> I'm trying to catch that S area of the most recent Up WRB Hidden GAP interval as a profit target
[09:55:58] <wrbtrader> Market Depth info not helping...they are rebounding up :(
[09:57:01] <wrbtrader> Long Lower Shadow interval :(
[09:57:21] <wrbtrader> need a little luck now
[09:57:47] <wrbtrader> Emini YM trying to traverse down the range of its most recent Long Lower Shadow interval
[10:00:44] <wrbtrader> Covered all Emini ES Short @ 3325.25 --> - 1.25
[10:01:12] <wrbtrader> Long Emini ES @ 3326.00 -> small size
[10:01:28] <wrbtrader> 3 contracts chasing the volatility breakout
[10:02:00] <wrbtrader> Market Depth still retracing upwards
[10:02:26] <wrbtrader> small WRB pt1 reached
[10:03:38] <wrbtrader> a little choppy
[10:03:48] <wrbtrader> in these most recent two trades
[10:04:18] <wrbtrader> Exited all Emini ES Long @ 3326.75 --> + 0.75
[10:04:21] <wrbtrader> trail stop picked pocketed
[10:04:58] <wrbtrader> Emini NQ futures not helping...its still weak
[10:05:36] <wrbtrader> Long Emini ES @ 3326.75 -> small size
[10:05:46] <wrbtrader> 3 contracts re-entry
[10:05:58] <wrbtrader> Emini NQ futures now helping...reason for the re-entry
[10:07:34] <wrbtrader> Emini NQ now choppy too :(
[10:07:56] <wrbtrader> Exited all Emini ES Long @ 3327.00 --> + 0.25
[10:10:17] <wrbtrader> Shorts Emini ES @ 3324.00 -> small size
[10:10:23] <wrbtrader> 3 contracts
[10:10:35] <wrbtrader> YM now below its most recent reaction low
[10:11:06] <wrbtrader> Covered all Emini ES Short @ 3323.75 --> + 0.25
[10:11:17] <wrbtrader> snapback UP
[10:11:26] <wrbtrader> long lower shadow interval
[10:11:28] <wrbtrader> :(
[10:12:05] <wrbtrader> Shorts Emini ES @ 3324.00 -> small size
[10:12:08] <wrbtrader> 1 contract
[10:12:43] <wrbtrader> should have been at 2 contracts :(
[10:12:48] <wrbtrader> position size error
[10:13:46] <wrbtrader> WRB pt1 reached
[10:14:00] <wrbtrader> Covered all Emini ES Short @ 3321.50 --> + 2.5
[10:15:40] <wrbtrader> I've been getting more requests lately to make my trade journal at the forum "public" again...its been in the private thread section since mid July of 2018
[10:17:17] <wrbtrader> The problem is when its private...I can write about personal things that's impacting my trading day.
[10:17:46] <wrbtrader> In contrast, most of the personal things I can not discuss in the "public" trade journal.
[10:19:13] <wrbtrader> I'm a strong believer into the mental aspects of trading as an edge...most of those mental aspects are related to personal issues
[10:21:50] <wrbtrader> Long Emini ES @ 3322.25 -> small size
[10:21:55] <wrbtrader> 2 contracts
[10:22:38] <wrbtrader> If this was a downtrend...most likely I would have ignored that Long signal
[10:23:05] <wrbtrader> Yet, its a big range of about 10 points
[10:23:25] <wrbtrader> Without a range...that would be consider as a counter-trend trade
[10:23:51] <wrbtrader> small WRB pt1 reached
[10:24:35] <wrbtrader> Exited all Emini ES Long @ 3323.50 --> + 1.25
[10:31:12] <wrbtrader> Took a little break and come back to see it had dropped below a key S area :(
[10:31:35] <wrbtrader> with a lot of help from Market Depth
[10:34:36] <wrbtrader> Shorts Emini ES @ 3317.50 -> small size
[10:34:38] <wrbtrader> 2 contracts
[10:35:05] <wrbtrader> toughest trade of the day for me with this one...low probability
[10:36:18] <wrbtrader> volatility just showed up out of nowhere
[10:36:41] <wrbtrader> just broke below its most recent reaction low
[10:36:54] <wrbtrader> Covered all Emini ES Short @ 3313.00 --> + 4.5
[10:37:03] <wrbtrader> WRB pt1 reached
[10:38:09] <wrbtrader> Wow...can't believe I forgot there was a 1000am and 1030am KME today :( :( :(
[10:39:11] <wrbtrader> Shorts Emini ES @ 3314.00 -> large size
[10:39:19] <wrbtrader> 10 contracts
[10:39:47] <wrbtrader> Covered all Emini ES Short @ 3313.75 --> + 0.25
[10:40:35] <wrbtrader> Couldn't hold that one because of the chasing the market context of the missed KMEs :(
[10:41:17] <wrbtrader> The prior Short position I would have been "large size" with the market context
[10:41:50] <wrbtrader> but missed the KME
[10:42:48] <wrbtrader> I'm calling it quits right here...today had 3 position size errors that could caused me to leave a lot of money on the table
[10:44:08] <wrbtrader> Wall Street rises for third session on private jobs data, virus treatment talks (Reuters) @ https://www.reuters.com/article/us-usa- ... SKBN1ZZ1SX
[10:44:34] <wrbtrader> Take care and see you tomorrwo
[11:45:09] <Trendtrader> long nq 9336 sim
[11:47:44] <Trendtrader> exit 1/2 nq long 9341 +5
[11:48:15] <Trendtrader> exit remainder nq long 9344 +8
[11:49:01] <Trendtrader> o.k. see you tomorrow wrbtrader. Have a good night.
[16:12:34] <wrbtrader> Financial outlets reporting its been a Short squeeze that spiked TSLA (Telsa) the past few days...well known potforlio managers like Eisman have stated today they've been covering their large Short positions the past few days.
[16:13:36] <wrbtrader> Good video about "Living Wuhan With the Coronavirus (Bloomberg) @ https://www.bloomberg.com/news/videos/2 ... uhan-video
Session Close

Bloomberg Markets: The Close' Full Show (02/05/2020) @ https://www.bloomberg.com/news/videos/2020-02-06/-bloomberg-markets-the-close-full-show-2-5-2020-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.

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

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 BZ/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 TheStrategyLab Review about Dr. Dean Handley @ http://www.thestrategylab.com/dr-dean-handley-review.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 Review of Emmett Moore Jr. Tradingschools @ http://www.thestrategylab.com/emmett-moore-jr-tradingschools-review.htm

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

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

Image Trolls Review @ http://www.thestrategylab.com/trolls-review.htm

Note: chat logs saved (timestamp) from Qu├ębec, 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 Image@ http://stocktwits.com/wrbtrader
Image@ 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)

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