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 Post subject: March 23rd Mon - #futures #forex #stocks #trading
 Post Posted: Mon Mar 23, 2020 10:32 am 
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Joined: Tue Dec 16, 2008 1:02 am
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Location: Canada
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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
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).

TheStrategyLab 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 TheStrategyLab 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 room 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.

Yet, be aware that many traders (including myself) are posting are also posting redacted screenshots of timestamp trade fills in broker trade execution platform in private thread at the forum. I use the timestamp redacted screenshots to verify if a trader is correctly using WRB Analysis...info I can not get from their broker statements alone.

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

Attachment:
032320-TheStrategyLab-Chat-Room-Key-Markets.png
032320-TheStrategyLab-Chat-Room-Key-Markets.png [ 4.72 MiB | Viewed 173 times ]

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

Bloomberg Markets: The Open Full Show (03/23/2020) @ https://www.bloomberg.com/news/videos/2020-03-23/-bloomberg-the-open-full-show-3-23-2020-video

[09:36:11] * Now talking in ##TheStrategyLab
[09:36:18] <wrbtrader> Good morning
[09:36:25] <Tigerman______> hi wrbtrader
[09:40:57] <Tigerman______> price hit a suppurt here
[09:41:03] <Tigerman______> good try a long
[09:42:02] <Tigerman______> today same show x me as last week
[09:42:12] <Tigerman______> mES order jump over
[09:42:39] <Tigerman______> expecially a buy cover after the short ... onlly 1 contract :((
[09:43:10] <Tigerman______> ES is better in filling issue there as well
[09:43:21] <Tigerman______> low liquidity and fast algos play
[09:43:35] <Tigerman______> so I just use low size
[09:48:42] <Tigerman______> LG mES 2244
[09:49:06] <Tigerman______> exit 2/3 mES @ 2248 +4
[09:50:06] <Tigerman______> exit all mES @ 2247 +3
[09:50:10] <Tigerman______> choppy now
[09:50:26] <Tigerman______> I did others long from the support not show here
[09:50:35] <Tigerman______> some loss and some gain
[09:51:17] <Tigerman______> I used NQ wow it is difficult to trade via jumpy action and low liquidity
[09:51:52] <wrbtrader> I'm beggining to correlate "jumpy price action" with "low liquidity'
[09:52:36] <Tigerman______> yep book is almost empy at first level
[09:52:45] <wrbtrader> Long Emini ES @ 2257.00 -> large size
[09:52:51] <Tigerman______> you know I look at book and Dom a lot
[09:52:53] <wrbtrader> 10 contracts
[09:53:43] <wrbtrader> Exited all Emini ES Long @ 2259.50 --> + 2.5
[09:54:21] <wrbtrader> Horrible entry on that...couldn't get a fill
[09:54:40] <wrbtrader> Marketed in just to get going at a bad price
[09:54:56] <Tigerman______> yeah so seems you got same issue as me
[09:55:14] <wrbtrader> Lucky to get out of that trade with a profit
[09:55:39] <wrbtrader> Long Emini ES @ 2264.50 -> small size
[09:55:44] <Tigerman______> and considering ES is the most liquid you can assume what the hell are the others in term of liquid
[09:56:46] <wrbtrader> I think I just saw it jump 3 points...will look at the Times & Sales later
[09:57:20] <wrbtrader> Exited all Emini ES Long @ 2270.25 --> + 5.75
[09:57:34] <wrbtrader> WRB pt1 reached
[09:58:22] <wrbtrader> wanted to hold that to the next R area around 2279.75
[09:59:06] <wrbtrader> Long Emini ES @ 2270.50 -> medium size
[09:59:09] <wrbtrader> 5 contracts
[10:00:44] <wrbtrader> Exited all Emini ES Long @ 2272.00 --> + 1.5
[10:00:57] <wrbtrader> trail stop picked pocketed
[10:01:00] <Tigerman______> lot of contraction here
[10:01:09] <wrbtrader> Yes
[10:01:27] <Tigerman______> also thid action try shake as out
[10:01:31] <wrbtrader> Shorts Emini ES @ 2265.00 -> medium size
[10:01:35] <Tigerman______> seems like a rodeo
[10:01:37] <wrbtrader> 5 contracts
[10:01:48] <wrbtrader> small WRB pt1 reached
[10:03:11] <wrbtrader> S area of the most recent Up WRB Hidden GAP interval being tested
[10:04:15] <wrbtrader> Covered all Emini ES Short @ 2253.25 --> + 11.75
[10:07:41] <wrbtrader> testing the R area of the most recent Down WRB Hidden GAP interval
[10:12:17] <wrbtrader> Long Emini ES @ 2275.75 -> small size
[10:12:23] <wrbtrader> 5 contracts
[10:12:4
5] <wrbtrader> increasing volatility into that earlier mentioned R area
[10:12:55] <wrbtrader> WRB pt1 reached
[10:13:39] <wrbtrader> Exited all Emini ES Long @ 2279.50 --> + 3.75
[10:13:43] <wrbtrader> :(
[10:13:49] <wrbtrader> trail stop picked pocketed
[10:14:07] <wrbtrader> That increasing volatility should have given it support to power up higher...
[10:14:11] <wrbtrader> It didn't :(
[10:25:07] <Tigerman______> LG mES 2264
[10:25:43] <Tigerman______> exit 1/2 @ 2268 +4
[10:29:07] <Tigerman______> exit all rem @ 2269 +5
[10:29:33] <Tigerman______> it produce Up spike after the previous fast down spike
[10:29:43] <Tigerman______> choppy action
[10:29:54] <Tigerman______> I take a break here
[10:34:11] <wrbtrader> Yeah, the range is tightning
[10:39:56] <wrbtrader> Long Emini ES @ 2256.75 -> small size
[10:40:03] <wrbtrader> 3 contracts
[10:41:17] <wrbtrader> Exited all Emini ES Long @ 2258.75 --> + 2
[10:41:47] <wrbtrader> Long Upper Shadow interval killed that Long position
[10:42:22] <wrbtrader> Long Emini ES @ 2265.00 -> medium size
[10:42:41] <wrbtrader> 5 contracts re-entry after a Long Lower Shadow interval showed up
[10:43:05] <wrbtrader> now trying to move up the range of the recent Long Upper Shadow interval
[10:43:14] <wrbtrader> now above the R area
[10:43:21] <wrbtrader> WRB pt1 reached
[10:45:13] <wrbtrader> Exited all Emini ES Long @ 2268.25 --> + 3.25
[10:47:07] <wrbtrader> A little difficult for the Emini futures to break outside (above or below) the range that has developed
[10:48:13] <wrbtrader> Shorts Emini ES @ 2258.00 -> medium size
[10:48:20] <wrbtrader> 5 contracts
[10:49:21] <wrbtrader> Emini ES trying hard to enter the range of the most recent Long Lower Shadow interval
[10:49:49] <wrbtrader> its inside now
[10:53:20] <Tigerman______> long lower shadows all over the place upper and lower mixed in 1min chart
[10:54:48] <wrbtrader> Now below the S area of that Long Lower Shadow interval
[10:55:15] <wrbtrader> WRB pt1 reached
[10:58:59] <wrbtrader> Covered all Emini ES Short @ 2234.25 --> + 23.75
[11:00:19] <wrbtrader> Started getting greedy via thinking it could drop down to the S area of that Big Unfilled Up WRB Hidden GAP interval of 0800am
[11:00:47] <wrbtrader> That had global futures
[11:01:42] <wrbtrader> Anyways, trail stop was picked pocketed
[11:14:22] <wrbtrader> Shorts Emini ES @ 2232.25 -> small size
[11:14:32] <wrbtrader> 1 contract re-entry
[11:15:00] <wrbtrader> Covered all Emini ES Short @ 2235.25 --> - 3
[11:15:48] <wrbtrader> Shorts Emini ES @ 2234.25 -> small size
[11:15:50] <wrbtrader> 2 contracts
[11:16:03] <wrbtrader> re-entry intuition
[11:20:33] <wrbtrader> If the S area of that BIG Up WRB Hidden GAP interval is retraced (filled)...the price action will be in a lot of trouble and can possibly then take out the overnight lows
[11:24:17] <Tigerman______> yep agreed
[11:24:44] <wrbtrader> Emini ES futures just dropped below the S area and a WRB pt1 reached
[11:25:16] <wrbtrader> Covered all Emini ES Short @ 2213.50 --> + 20.75
[11:26:21] <Tigerman______> SH mES 2212
[11:26:23] <wrbtrader> There's now going to be a battle in this price area because its a KME involving that big Up WRB Hidden GAP interval
[11:26:42] <wrbtrader> Another FED failure to stabilize the markets :(
[11:26:49] <Tigerman______> exit 2/3 @ 2210 +2
[11:28:07] <Tigerman______> exit all @ 2206 +6
[11:35:45] <wrbtrader> Shorts Emini ES @ 2202.50 -> small size
[11:35:51] <wrbtrader> 3 contracts
[11:36:49] <wrbtrader> Covered all Emini ES Short @ 2202.50 --> 0
[11:37:00] <wrbtrader> sneaky snapback
[11:38:13] <wrbtrader> ready to try again if/when volatility dries up
[11:39:00] <Tigerman______> SH mES 2204
[11:39:34] <wrbtrader> Shorts Emini ES @ 2202.50 -> small size
[11:39:43] <wrbtrader> 3 contracts
[11:39:51] <wrbtrader> re-entry
[11:40:31] <wrbtrader> Emini NQ still has yet to fill in that Big Up WRB Hidden GAP interval
[11:40:49] <Tigerman______> exit all @ 2199 +5
[11:42:17] <Tigerman______> RTY at today s low
[11:43:11] <wrbtrader> Covered all Emini ES Short @ 2195.00 --> + 7.5
[11:43:31] <wrbtrader> snapback stole my trail stop :(
[11:43:38] <Tigerman______> merits to say today for first time Nyse operates without trading floor
[11:43:53] <wrbtrader> Yep...glad you mention that
[11:44:18] <wrbtrader> Emini NQ just filled in that Big Up WRB Hidden GAP interval
[11:45:18] <wrbtrader> They're now giving out tickets of $1000 fine for anyone or individuals caught in a social gathering
[11:45:38] <wrbtrader> Here in Quebec
[11:46:36] <wrbtrader> Police will start patroling parks after video from yesterday showed hundreds of people walking together in parks
[11:46:57] <wrbtrader> Prime Minister gave a news conference today specifically about that issue
[11:48:42] <wrbtrader> People really do not understand...you do not need to be 5, 10, 15 people together as a group doing a "group walk"
[11:50:16] <Tigerman______> yep same issue in all countries
[11:50:36] <Tigerman______> people not realize
[11:51:39] <wrbtrader> I was in the grocery store the other day and standing in line to pay for the frozen vegatbles...
[11:51:50] <wrbtrader> A guy behind me was standing 1 feet away
[11:52:07] <wrbtrader> I gave him a good stare down...he wouldn't back up
[11:52:19] <wrbtrader> I then asked him to back away...
[11:52:29] <wrbtrader> Instead, the smart ass got closer
[11:52:57] <wrbtrader> I then started to cough (fake coughs) without covering my mouth...
[11:53:04] <wrbtrader> He then backed away
[11:53:05] <wrbtrader> :)
[11:54:55] <wrbtrader> Person bagging the groceries got a chuckle out of it
[11:55:58] <wrbtrader> CDC now saying you don't need to cough to give someone Covid-19
[11:56:19] <wrbtrader> You only need the "breadth" next to the person
[11:56:59] <wrbtrader> Anyways...take care and see all tomorrow
[12:35:03] <Tigerman______> ok finish here
[12:35:15] <Tigerman______> take care all see tomorrow
Session Closed

Bloomberg Markets: The Close' Full Show (03/23/2020) @ https://www.bloomberg.com/news/videos/2020-03-24/-bloomberg-markets-the-close-full-show-3-23-2020-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.

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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