##TheStrategyLab Price Action Chat Room Logs
http://www.thestrategylab.com/ftchat/forum/

*March 12th Thurs - #futures #forex #stocks #trading
http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=205&t=3290
Page 1 of 1

Author:  wrbtrader [ Thu Mar 12, 2020 3:31 pm ]
Post subject:  *March 12th Thurs - #futures #forex #stocks #trading

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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
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Skype: kebec2002
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##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

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

Bloomberg Markets: The Open Full Show (03/12/2020) @ https://www.bloomberg.com/news/videos/2020-03-12/-bloomberg-the-open-full-show-3-12-2020-video

[09:32:39] * Now talking in ##TheStrategyLab
[09:32:41] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:32:54] <wrbtrader> Good morning
[09:33:45] <wrbtrader> A lot of fireworks in the markets in the overnight trading session
[09:33:58] <wrbtrader> I was able to document most of it
[09:39:25] <wrbtrader> Nothing to do right now while we're at "limit down" (1st circuit breaker kicked in).
[09:39:45] <wrbtrader> Relaxing and watching TV right now :)
[09:44:18] <Tigerman_____> gm all
[09:44:39] <Tigerman_____> after US open I did various trade mostly short on Dax
[09:45:02] <Tigerman_____> acary spread very large plus I fight with my platform
[09:45:14] <wrbtrader> Does the DAX have a "circuit breaker" like the U.S. markets ???
[09:45:19] <Tigerman_____> I have to change order entry
[09:45:25] <wrbtrader> I can not remember that it does
[09:45:26] <Tigerman_____> no in same way
[09:45:43] <Tigerman_____> simply its is a free runner downside
[09:46:20] <Tigerman_____> issue today in CME is limit down show up while in a trde scary
[09:46:27] <wrbtrader> Run until you can not run anymore :)
[09:46:41] <Tigerman_____> yeah it occured some minutes ago
[09:46:56] <Tigerman_____> exit my short then limit kick in
[09:47:34] <Tigerman_____> problem is action too fast to use normal dome or others order entry
[09:47:54] <wrbtrader> You're using just market orders now...right ?
[09:47:58] <Tigerman_____> when you want enter price is jumped very far
[09:48:29] <Tigerman_____> in reality I use olso limit thats the problem
[09:48:34] <Tigerman_____> limit order
[09:48:55] <Tigerman_____> I m scared to got a bad fill
[09:49:12] <Tigerman_____> simply market order is faster
[09:49:23] <Tigerman_____> anyway very fast action
[09:49:57] <Tigerman_____> btw all this fill I ll post in TSL forum
[09:50:32] <Tigerman_____> I still look x a good stat program importing my data
[09:50:54] <Tigerman_____> maybe I ll doing all stat manual for these weeks
[09:53:08] <Tigerman_____> VIX wa at 67.76 then they stpoed wrbtrader... what numbers you got in VIX ?
[09:53:27] <wrbtrader> The same 67.76
[09:54:06] <wrbtrader> Emini ES reopen 100 more points down...WOW
[09:54:25] <wrbtrader> Talk about jumping stops
[09:54:39] <wrbtrader> People just got butt fucked
[09:55:12] <wrbtrader> I fell sorry for the knife catchers (Longs) that don't believe in using stops
[09:55:20] <wrbtrader> There will be a lot of margin calls today
[09:55:23] <Tigerman_____> yeah price easily jump over stops
[09:55:56] <Tigerman_____> yeah also we hope our broker not fail
[09:55:57] <wrbtrader> Huge snapback up now
[09:56:15] <wrbtrader> VIX now > 68
[09:57:28] <Tigerman_____> yeah when VIX stopped I follow others vola ETF they continue tick while VIX block
[09:59:05] <wrbtrader> Emini NQ like a bottle rocket upwards
[09:59:12] <wrbtrader> Crazy stuff to watch
[09:59:46] <Tigerman_____> VIX at high value from 2008 crisis it reached 89
[10:00:15] <Tigerman_____> 89 in october 2008
[10:01:46] <Tigerman_____> DAX at 2013 levels ... it erased 7 years !!!
[10:02:50] <Tigerman_____> mutual funds vendors usually say " it always goes up " not worry :))
[10:03:10] <wrbtrader> The Japan Summer Olympics is starting to look like its going to be a "ghost town"...nothing will happen.
[10:03:27] <wrbtrader> Scary economic disaster for Japan
[10:03:36] <wrbtrader> and the Olympic Committee
[10:04:41] <wrbtrader> Shorts Emini ES @ 2540.25 -> small size
[10:04:44] <wrbtrader> 1 contract
[10:04:54] <wrbtrader> Wow...trade took forever to fill
[10:05:31] <wrbtrader> Covered Emini ES Short @ 2544.25 --> - 4
[10:05:44] <wrbtrader> Shorts Emini ES @ 2540.25 -> small size
[10:05:54] <wrbtrader> 1 contract re-entry
[10:05:58] <wrbtrader> normal fill
[10:06:31] <wrbtrader> Covered Emini ES Short @ 2537.75 --> + 2.5
[10:07:30] <Tigerman_____> wrbtrader when price jump so fast like today do you use a different order entry tool?
[10:07:42] <wrbtrader> No
[10:07:55] <wrbtrader> I just lower my size and cross my fingers
[10:08:41] <Tigerman_____> ok so you determine a target and put that number as a limit order or simply exit fast at market order reach your target ?
[10:08:53] <wrbtrader> both
[10:09:47] <Tigerman_____> ok because what I hate is not able to use my dome price very fast jump away ...maybe have to modify my re-centering parameters
[10:10:14] <Tigerman_____> also exitst another tool.. using a chart trader usually I not use that
[10:10:22] <wrbtrader> re-centering parameters...you're executing your trades thru your DOM ???
[10:10:49] <Tigerman_____> yep
[10:10:54] <wrbtrader> Ok
[10:11:32] <wrbtrader> Long Emini ES @ 2543.75 -> small size
[10:11:42] <wrbtrader> 1 contract
[10:11:45] <Tigerman_____> no enought screen ... I need a 100" screen for that :)
[10:12:40] <wrbtrader> Exited Emini ES Long @ 2554.00 --> + 10.25
[10:12:49] <wrbtrader> Crazy
[10:13:08] <wrbtrader> That's the fastest +10 points I've ever made
[10:13:30] <wrbtrader> I couldn't even do that when the markets re-open after 911
[10:14:15] <Tigerman_____> yep very fast up move
[10:14:30] <wrbtrader> There's really no TA right now...just instinctive trading
[10:15:37] <wrbtrader> Long Emini ES @ 2550.75 -> small size
[10:15:41] <wrbtrader> 1 contract
[10:16:47] <wrbtrader> Exited Emini ES Long @ 2552.00 --> + 1.25
[10:16:56] <wrbtrader> trail stop picked pocketed
[10:17:18] <wrbtrader> Had another +10 pointer but NO FILL :(
[10:18:08] <wrbtrader> should have used a market order
[10:19:19] <wrbtrader> Shorts Emini ES @ 2545.25 -> small size
[10:19:21] <wrbtrader> 1 contract
[10:20:16] <wrbtrader> Covered Emini ES Short @ 2545.25 --> 0
[10:20:43] <wrbtrader> Shorts Emini ES @ 2543.50 -> small size
[10:20:50] <wrbtrader> 1 contract re-entry
[10:21:09] <wrbtrader> I'm watching the circuit breaker levels very closely
[10:21:21] <wrbtrader> Do not want to get stranded in a Open trade
[10:22:18] <wrbtrader> Covered Emini ES Short @ 2544.00 --> - 0.5
[10:22:51] <Tigerman_____> yeah that my concern too... what you look to be sure exit before circuit breaker kick ?
[10:23:16] <wrbtrader> If I remember correctly...its -7%, -13% and then -20%
[10:23:19] <Tigerman_____> the % in down move ?
[10:23:55] <Tigerman_____> ok so today it already limitet
[10:24:14] <wrbtrader> Yes...% in down move
[10:24:46] <wrbtrader> Long Emini ES @ 2549.00 -> small size
[10:24:52] <wrbtrader> 1 contract
[10:25:11] <wrbtrader> following Emini NQ
[10:25:17] <wrbtrader> Emini ES trying to catch up
[10:25:46] <wrbtrader> NQ just broke above its most recent reaction high
[10:25:57] <wrbtrader> ES still not there yet
[10:26:49] <wrbtrader> Both moving up the range of their most recent Long Upper Shadow interval
[10:27:15] <wrbtrader> TA becoming usable again now :)
[10:28:22] <wrbtrader> Exited Emini ES Long @ 2560.00 --> + 11
[10:28:57] <wrbtrader> Shorts Emini ES @ 2555.00 -> small size
[10:29:02] <wrbtrader> 2 contracts
[10:29:40] <wrbtrader> Covered all Emini ES Short @ 2556.50 --> - 1.5
[10:30:02] <wrbtrader> Shorts Emini ES @ 2556.00 -> small size
[10:30:04] <wrbtrader> 2 contracts re-entry
[10:30:51] <wrbtrader> Covered all Emini ES Short @ 2555.00 --> + 1
[10:31:20] <wrbtrader> chop now but the stop/loss placements not being over runned as fast
[10:31:43] <wrbtrader> Long Emini ES @ 2569.00 -> small size
[10:31:49] <wrbtrader> 2 contract
[10:32:16] <wrbtrader> Emini ES trying again to catch up the Emini NQ
[10:32:43] <wrbtrader> Exited all Emini ES Long @ 2567.00 --> - 2
[10:33:23] <wrbtrader> crazy speeds now in the chop...wow
[10:35:01] <wrbtrader> Long Emini ES @ 2570.50 -> small size
[10:35:09] <wrbtrader> 2 contracts
[10:35:52] <wrbtrader> Exited all Emini ES Long @ 2568.00 --> - 2.5
[10:36:17] <wrbtrader> It jumped 2 points in seems like from one price to the next price
[10:36:42] <wrbtrader> Will review the T&S later because I'm recording the T&S
[10:37:00] <wrbtrader> Long Emini ES @ 2569.00 -> small size
[10:37:09] <wrbtrader> 2 contracts
[10:38:23] <wrbtrader> Exited all Emini ES Long @ 2572.00 --> + 3
[10:38:52] <wrbtrader> Long Emini ES @ 2568.75 -> small size
[10:39:01] <wrbtrader> 2 contracts
[10:39:20] <wrbtrader> Exited all Emini ES Long @ 2565.75 --> - 3
[10:40:25] <wrbtrader> Stops 3 point of less not working too well :(
[10:41:03] <wrbtrader> Shorts Emini ES @ 2566.00 -> small size
[10:41:09] <wrbtrader> 2 contracts
[10:41:16] <wrbtrader> Long Upper Shadow interval
[10:42:40] <wrbtrader> Group of trades within a 10 point range
[10:42:46] <Tigerman_____> yeah I did many small trades on mES on my other platform ...many issue with stops and fill
[10:43:02] <Tigerman_____> unless a clear move I ll cal quit
[10:43:04] <wrbtrader> Another Long Upper Shadow interval
[10:43:25] <wrbtrader> Yeah...same here...this is my last trade of the day
[10:44:24] <wrbtrader> Covered all Emini ES Short @ 2562.00 --> + 4
[10:45:06] <wrbtrader> I now see just more range up and down within a 10 point range unless another news hits the markets
[10:45:33] <wrbtrader> Just paying commissions eventhough I'm only risking a 1 - 2 contracts per trade
[10:46:12] <wrbtrader> May be awhile before I bump back up to 10 contracts especially trading early in the day after a LIMIT DOWN
[10:46:41] <wrbtrader> I've traded that before in the past...should have remember its NOT a good time to trade
[10:46:44] <wrbtrader> Too stressful
[10:47:51] <wrbtrader> I'm done for the day...will just watch and document the rest of the day in the markets
[10:48:18] <wrbtrader> A ton of stuff occurring in the global economics as it reacts to the Corona Virus
[10:49:33] <wrbtrader> Market Circuit Breakers discussed @ https://www.npr.org/2020/03/09/81368256 ... akers-work
[10:50:18] <wrbtrader> Tigerman...Italy is big on soccer
[10:50:46] <wrbtrader> They still training or playing soccer or is it shut down right now in Italy ???
[10:50:59] <Tigerman_____> shut down
[10:51:20] <Tigerman_____> they did some match at closed doors days ago
[10:51:36] <Tigerman_____> now they do not play at all
[10:51:49] <Tigerman_____> country in lockdown mode
[10:52:03] <wrbtrader> Ok because I heard one of the players has corona virus but I don't know what soccer team it was
[10:52:11] <wrbtrader> One of the popular teams
[10:52:46] <Tigerman_____> people can go out just to buy food or visit doctor
[10:53:02] <Tigerman_____> no pary or meeting
[10:53:25] <Tigerman_____> what is no good others countries not do the same right now
[10:53:35] <Tigerman_____> they wait x more damage before stop :(
[10:54:16] <Tigerman_____> lg mES 2365
[10:54:43] <Tigerman_____> exit 2/3 @ 2568 +3p
[10:55:28] <Tigerman_____> exit all @ 2570 +5p
[10:55:39] <Tigerman_____> near today s high
[10:58:08] <wrbtrader> I have heard often on CNBC and Bloomberg today that these are 2008 levels
[10:59:44] <wrbtrader> They surely are not talking about price levels
[10:59:58] <wrbtrader> Thus, they must only be talking about the volatility
[11:00:10] <wrbtrader> If so, they should at least say "volatility" :)
[11:06:24] <Tigerman_____> sh mES 2540
[11:06:47] <Tigerman_____> exit 2/3 @ 2536 +4p
[11:08:38] <Tigerman_____> exit all @ 2534 +6p
[11:20:58] <Tigerman_____> sh mES 2521
[11:21:18] <Tigerman_____> exit 2/3 @ 2515 +6p
[11:22:15] <Tigerman_____> exit all @ 2519 +2p
[12:13:04] <Tigerman_____> take care all see next time
[12:23:03] <wrbtrader> Take care Tigerman
[12:23:24] <Tigerman_____> c u wrbtrader bye
[12:23:37] <wrbtrader> I gotta reboot
-
[12:34:32] * Now talking in ##TheStrategyLab
[13:07:34] <Trendtrader> no trades for me today. Just watching.
[13:08:30] <wrbtrader> Trendtrader...did you see that +100 point up movement in the Emini ES futures or Emini NQ futures ???
[13:09:15] <Trendtrader> Yes. unreal.
[13:09:27] <wrbtrader> Crazy price maovement back upwards to put the price action above the "limit down" price
[13:09:53] <wrbtrader> I've never seen a up movement like that in several minutes
[13:10:18] <Trendtrader> Yeah. Market is a bit too rich for my blood right now.
[13:21:40] <wrbtrader> That spike in the markets was because the FED announced they are going to flood the banks with financial support @ https://www.cnbc.com/2020/03/11/futures ... trump.html
[13:22:24] <wrbtrader> Wow...with 500 BILLION dollars
[13:23:19] <wrbtrader> To be honest...I don't think it will help unless markets outside the US get similar like help from their governments
[13:24:23] <wrbtrader> My point, its estimated that a large portion of the activity in the US markets is by institutions OUTSIDE the USA.
[13:25:00] <wrbtrader> Its the same reason why that FED cut of .50 basis points didn't work
[13:25:19] <wrbtrader> Too many outside influences do not care
[13:25:38] <wrbtrader> They're selling or pulling their money out of the U.S. markets
[13:25:51] <Trendtrader> You may be right. Maybe this will be a short lived boost.
[13:26:41] <wrbtrader> The talking heads are talking more this week about a "Global Recession"
[13:28:11] <Trendtrader> Yeah, that would squash any amount of cash injection the U.S. does just by itself.
[13:29:30] <wrbtrader> My oldest (a teenager) asked me yesterday night if he can go to a party with his friends on Saturday night.
[13:29:44] <Trendtrader> What did you tell him?
[13:30:14] <wrbtrader> I told him hasn't he been paying attention to all the warnings his school has been telling students about "public gatherings"...the Corona Virus ???
[13:30:28] <wrbtrader> He said YEAH...I know...I will be careful.
[13:30:53] <wrbtrader> I said NO...you can game with your buddies via the Xbox
[13:31:56] <Trendtrader> Much better idea. The less contact with people in groups the better!
[13:32:33] <wrbtrader> I then renminded him that my health is vulnerable (kidneys, lungs, heart) from the illness (pneumonia / coma / life support) back in the fall of 2016
[13:33:08] <wrbtrader> Thus, he may feel safe but if he brings back a virus...it can put me back in the hospital again
[13:33:31] <wrbtrader> Then I reminded him about the surgery I had in October 2019
[13:34:04] <wrbtrader> Your partying when the world is scare...it can wait a few months
[13:34:32] <Trendtrader> True. There will be parties later too.
[13:34:38] <wrbtrader> Just crazy by how many people do not understand what's going on.
[13:35:28] <Trendtrader> Yes, and continue to put themselves and their loved ones in harms way. Not thinking.
[13:35:47] <wrbtrader> We had a doctor (oconologist) travel to Europe somewhere for a medical meeting
[13:36:10] <wrbtrader> She tested positive for the Corona Virus and her husband (a surgeon) also tested postive
[13:36:33] <wrbtrader> They both treated many patients after arriving back in Canada
[13:36:48] <wrbtrader> Now many people are self quarantine
[13:38:12] <wrbtrader> Then there's the story about the STUPID NBA player telling everybody the Corona Virus is "over rated" and to prove his point...he touches all the players, touches their belongings and the mics of the news reporters
[13:38:39] <wrbtrader> The guy is Ruby Gobert...he has now tested positive for the Corona Virus
[13:38:55] <wrbtrader> NBA reacting via suspending the remainder of the season
[13:39:20] <wrbtrader> He's a player that was recently in Europe and he's from France
[13:40:00] <wrbtrader> He definetly gets the "Idiot MVP" award
[13:41:46] <wrbtrader> Breaking News Alert - NHL has now suspended its season
[13:42:16] <Trendtrader> Absolute idiot!
[13:42:31] <Trendtrader> Figured NHL would follow suit.
[13:43:29] <wrbtrader> I explained to my son about the "ripple impact" of the Corona Virus when it only takes "one person" to not care or not be careful...just one person.
[13:44:27] <wrbtrader> That NBA player Ruby Gobert proved that point a few days ago resulting in the NBA suspending their season last night
[13:44:49] <wrbtrader> Today, one of the players he was touching...a teammate...has now tested positive
[13:45:45] <Trendtrader> Terrible. If I were the teammate I'd be pissed.
[13:45:50] <wrbtrader> That's a serious issue because that 2nd player on the Utah Jazz is living with someone that has an immune system problem
[13:47:52] <wrbtrader> If I'm going to die...its not going to be because my son came back home with a virus that he got from someone at a party :(
[13:49:25] <wrbtrader> Today, our prime minister of Canada and his wife are self quarantine after his wife came back from Europe with flu like symptoms
[13:49:37] <wrbtrader> Prime Minister Justin Tradeau
[13:49:52] <wrbtrader> They are at home waiting on the results of the blood tests
[13:50:21] <Trendtrader> Agreed. We all go sometime, but there are things we can do to mitigate unnecessary risk.
[13:50:28] <wrbtrader> Although I don't understand why his wife was traveling in Europe during this Corona Virus scare
[13:50:45] <Trendtrader> Your son not going to a party is a good example.
[13:50:55] <wrbtrader> Yep
[13:51:33] <Trendtrader> Who knows. I've given up trying to understand our fearless leader.
[13:53:50] <wrbtrader> I'm waiting for the Japan Summer Olympics to announce suspension of the Olympic Games
[13:54:13] <wrbtrader> Its going to happen and there's not a lot of talk about it in the media
[13:55:01] <Trendtrader> Do you think they are waiting so there is not too much bad news all at once?
[13:55:13] <wrbtrader> YES
[13:57:07] <wrbtrader> I think the Olympic Committee didn't want to be the first one to take strong action...they're waiting for others to make that first move before they will do the same
[13:57:40] <wrbtrader> The NBA and NHL and most sporting events around the world have now done that
[14:00:12] <wrbtrader> As of today, Japan has +600 CoronaVirus positive cases...11 of those cases are Health Ministry Officials
[14:05:50] <Trendtrader> Not looking good for Japan.
[14:08:35] <Trendtrader> Yes, and the Olympic Committee has a little bit more time on their side.
[15:24:27] <wrbtrader> Wow...500 BILLION dollars by the FED putting money into the markets couldn't keep this thing up.
[15:24:38] <wrbtrader> They gains have all been retraced now
[15:25:29] <wrbtrader> Yet, we may see a positive day tomrrow but if the Corona Virus continues to make news on the weekend...we will se further declines next week :(
[15:28:13] <wrbtrader> S&P 500 officially went into a "bear market" today
[15:28:30] <wrbtrader> Yesterday it was the Dow that enter officially into a "bear market"
[16:12:51] <wrbtrader> Unreal...Dow down -2300 points
[16:13:28] <wrbtrader> Seems almost a criminal act to profit on a day like today...so many people suffering from financial losses
[16:14:38] <wrbtrader> Montreal about to go full quarantine status :(
[16:15:10] <wrbtrader> Medical professions forbidden to travel...
[16:15:11] <wrbtrader> Wow
[16:23:01] <wrbtrader> Take care and it should be a wild ride in the markets tomorrow
Session Closed

Special Report - Worst Day for U.S. Stocks Since 1987 Black Monday @ https://www.bloomberg.com/news/videos/2020-03-12/stocks-sink-in-worst-day-since-black-monday-video

Bloomberg Markets: The Close' Full Show (03/12/2020) @ https://www.bloomberg.com/news/videos/2020-03-12/-bloomberg-markets-the-close-full-show-3-12-2020-video

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

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##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 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 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 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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