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 Post subject: May 11th Mon - #futures #forex #stocks #trading
 Post Posted: Mon May 11, 2020 12:18 pm 
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Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 2848
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)

Today's TheStrategyLab chat room excerpt image to the left @ http://www.thestrategylab.com/images/051120-thestrategylab-wrbtrader-chat-room-review.png

Complete text chat logs below

##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 redacted screenshots of timestamp trade fills in broker trade execution platform and quantitative statistical analysis of the trade performance via WRB Analysis 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.

Remember this too...most users of WRB Analysis do not use the free chat room but they still are posting their DOKs to verify their understanding of WRB Analysis and posting timestamp trade fills (simulator or real money) in broker trade execution platform to verify trade performance in their private thread.

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:
051120-TheStrategyLab-Chat-Room-Key-Markets.png
051120-TheStrategyLab-Chat-Room-Key-Markets.png [ 5.2 MiB | Viewed 4 times ]

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

Bloomberg Markets: The Open Full Show (05/11/2020) @ https://www.bloomberg.com/news/videos/2020-05-11/-bloomberg-the-open-full-show-5-11-2020-video

[08:52:44] * Now talking in ##TheStrategyLab
[09:18:32] <asuni> gm all
[09:19:58] <werner1> gm all
[09:44:33] <wrbtrader> Good mronign all
[09:45:25] <werner1> Long Emini NQ @ 9198.25
[09:45:44] <werner1> Exited all Emini NQ Long @ 9204.00 --> + 5.75
[09:58:58] <werner1> mist the short :(
[10:10:33] <wrbtrader> Market Depth fell off the cliff but Eminis are surprisingly Up since 0930am est
[10:15:48] <werner1> Shorts Emini NQ @ 9234.25
[10:15:59] <werner1> Covered all Emini NQ Short @ 9226.00 --> + 8.25
[10:17:22] <wrbtrader> Shorts Emini ES @ 2902.00 -> large size
[10:17:30] <wrbtrader> 10 contracts poor entry
[10:17:57] <wrbtrader> Short signal @ 2905.00
[10:18:40] <wrbtrader> Covered all Emini ES Short @ 2901.00 --> + 1
[10:19:16] <wrbtrader> No wiggle room to stay in the trade with such a "chaser" when there's very little volatility
[10:29:50] <werner1> Long Emini NQ @ 3234.75
[10:30:21] <werner1> Long Emini NQ @ 9234.75
[10:30:34] <werner1> Exited all Emini NQ Long @ 9298.50 --> + 63.75
[10:30:41] <wrbtrader> Long Upper Shadow interval
[10:30:45] <werner1> djeez
[10:31:00] <werner1> Exited all Emini NQ Long @ 9238.50 --> + 3.75
[10:31:21] <wrbtrader> Long Emini ES @ 2905.00 -> small size
[10:31:24] <wrbtrader> 3 contracts
[10:34:53] <wrbtrader> Exited all Emini ES Long @ 2909.00 --> + 4
[10:37:03] <wrbtrader> sudden snapback down
[10:37:08] <wrbtrader> not a KME
[10:38:45] <werner1> mm
[10:38:55] <wrbtrader> Shorts Emini ES @ 2904.50 -> large size
[10:38:57] <wrbtrader> 10 contracts
[10:39:33] <wrbtrader> Covered all Emini ES Short @ 2904.00 --> + 0.5
[10:39:41] <wrbtrader> bouncing around too much for me
[10:39:46] <wrbtrader> dumped it out of fear
[10:41:28] <wrbtrader> Long Emini ES @ 2906.00 -> small size
[10:41:33] <wrbtrader> 3 contracts
[10:43:10] <wrbtrader> Exited all Emini ES Long @ 2907.00 --> + 1
[10:43:31] <wrbtrader> another trade exit that was not at a WRB pt1
[10:43:59] <werner1> sideline here
[10:44:00] <wrbtrader> I think I'm trading scare today...maybe due to not getting a good night of sleep last night
[10:44:06] <wrbtrader> Slept only 3 hours
[10:47:25] <werner1> Long Emini NQ @ 9241.50
[10:47:36] <werner1> Exited all Emini NQ Long @ 9251.50 --> + 10
[10:48:43] <werner1> ok take a small break here
[10:48:50] <werner1> bbl
[11:18:26] <wrbtrader> Long Emini ES @ 2920.00 -> small size
[11:18:31] <wrbtrader> 3 contracts
[11:19:00] <wrbtrader> correction...
[11:19:17] <wrbtrader> Long Emini ES @ 2910.00 -> small size
[11:19:54] <wrbtrader> there's a Up WRB Hidden GAP interval in the most recent 3 intervals...
[11:20:22] <wrbtrader> Thus, will be tough to reach a WRB pt1 in this trade position unless volatility shows up
[11:25:44] <wrbtrader> Exited all Emini ES Long @ 2909.00 --> - 1
[11:26:13] <wrbtrader> back down into the range of that Up WRB Hidden GAP interval
[11:26:29] <wrbtrader> Long Emini ES @ 2910.00 -> small size
[11:26:37] <wrbtrader> 3 contracts re-entry
[11:27:03] <wrbtrader> looks like I was sucker punched on the prior trail stop picked pocketed
[11:27:18] <wrbtrader> increasing volatility now
[11:29:43] <wrbtrader> Exited all Emini ES Long @ 2913.50 --> + 3.5
[11:30:00] <wrbtrader> WRB pt1 reached
[11:55:49] <wrbtrader> Long Emini ES @ 2915.25 -> small size
[11:55:52] <wrbtrader> 3 contracts
[11:58:24] <wrbtrader> VIX is still below 30
[11:58:45] <wrbtrader> The longer (days) it stays like that...the more difficult trading conditions will become
[11:59:22] <wrbtrader> Exited all Emini ES Long @ 2914.50 --> - 0.75
[11:59:48] <wrbtrader> trail stop picked pocketed
[12:00:07] <wrbtrader> Long Emini ES @ 2916.00 -> small size
[12:00:14] <wrbtrader> 3 contract re-entry
[12:00:47] <wrbtrader> I had a recent prior trade like this...a little better prepare to react this time if/when a WRB pt1 is reached
[12:02:15] <wrbtrader> Exited all Emini ES Long @ 2915.25 --> - 0.75
[12:04:10] <wrbtrader> Long Emini ES @ 2915.25 -> small size
[12:04:15] <wrbtrader> 3 contracts re-entry on the Long Lower Shadow interval
[12:05:51] <wrbtrader> Exited all Emini ES Long @ 2914.75 --> - 0.5
[12:06:16] <wrbtrader> Long Emini ES @ 2915.25 -> small size
[12:06:26] <wrbtrader> 3 contracts re-entry
[12:07:13] <wrbtrader> tought contracting volatility in this area
[12:07:18] <wrbtrader> ranging now too
[12:07:28] <wrbtrader> Exited all Emini ES Long @ 2914.50 --> - 0.75
[12:16:45] <wrbtrader> Long Emini ES @ 2915.75 -> small size
[12:16:49] <wrbtrader> 3 contracts re-entry
[12:17:08] <wrbtrader> volatility trying hard to increase in this tight trading range
[12:17:31] <wrbtrader> small WRB pt1 reached
[12:19:02] <wrbtrader> Exited all Emini ES Long @ 2919.00 --> + 3.25
[12:19:20] <wrbtrader> breakout of the tight trading range
[12:24:17] <wrbtrader> Mnuchin says he’s comfortable spending $3 trillion because Treasury can lock in very low rates (CNBC) @ https://www.cnbc.com/2020/05/11/mnuchin ... rates.html
[12:30:49] <wrbtrader> What a mess at the U.S. meant plants...
[12:31:13] <wrbtrader> As U.S. meat workers fall sick and supplies dwindle, exports to China soar (Reuters) @ https://www.reuters.com/article/us-heal ... SKBN22N0IN
[12:31:38] <wrbtrader> Long Emini ES @ 2924.50 -> small size
[12:31:45] <wrbtrader> 1 contract
[12:31:49] <wrbtrader> intuition
[12:33:15] <wrbtrader> Exited Emini ES Long @ 2924.75 --> + 0.25
[12:38:51] <wrbtrader> missed another re-entry @ 2925.50 :(
[12:43:43] <werner1> Shorts Emini NQ @ 9274.50
[12:44:25] <werner1> Covered all Emini NQ Short @ 9274.50 --> 0
[12:44:56] <wrbtrader> Don't want to be a worker in a meat packaging plant, prison nor nursing homes...they are getting hit the hardest with infections and deaths.
[12:45:55] <wrbtrader> Perfect settings for Covid-19 fast spreads
[12:47:20] <werner1> Shorts Emini NQ @ 9274.00
[12:48:30] <wrbtrader> Shorts Emini ES @ 2924.50 -> small size
[12:48:40] <werner1> try to trail 15 sec
[12:48:41] <wrbtrader> 1 contract
[12:50:06] <werner1> Covered all Emini NQ Short @ 9268.50 --> + 5.5
[12:50:26] <werner1> pfff
[12:50:29] <wrbtrader> small WRB pt1 reached
[12:50:37] <wrbtrader> Covered Emini ES Short @ 2923.25 --> + 1.25
[12:54:09] <wrbtrader> Long Emini ES @ 2926.00 -> small size
[12:54:23] <wrbtrader> 1 contract
[12:54:58] <wrbtrader> missed Long entry @ 2925.00
[12:55:55] <werner1> Long Emini NQ @ 9278.00
[12:56:33] <werner1> Exited all Emini NQ Long @ 9277.75 --> - 0.25
[12:56:47] <werner1> strange vola
[12:58:02] <werner1> look out someting is going on
[12:58:08] <wrbtrader> Exited Emini ES Long @ 2926.25 --> + 0.25
[12:58:24] <wrbtrader> trail stop picked pocketed
[12:58:31] <wrbtrader> moved it too soon :(
[12:59:38] <wrbtrader> Long Emini ES @ 2926.25 -> small size
[12:59:41] <wrbtrader> 3 contracts re-entry
[13:00:30] <werner1> Shorts Emini NQ @ 9278.00
[13:00:54] <wrbtrader> Exited all Emini ES Long @ 2925.75 --> - 0.5
[13:01:11] <werner1> trail 15 sec
[13:01:35] <werner1> Covered all Emini NQ Short @ 9275.75 --> + 2.25
[13:02:51] <werner1> hands off here
[13:05:18] <wrbtrader> Long Emini ES @ 2927.75 -> small size
[13:05:26] <wrbtrader> 3 contracts re-entry
[13:07:12] <werner1> nuts
[13:07:50] <wrbtrader> Exited all Emini ES Long @ 2930.25 --> + 2.5
[13:15:13] <werner1> Shorts Emini NQ @ 9295.00
[13:16:42] <werner1> Covered all Emini NQ Short @ 9294.50 --> + 0.5
[13:17:57] <werner1> Shorts Emini NQ @ 9295.00
[13:19:07] <werner1> Covered all Emini NQ Short @ 9296.00 --> - 1
[13:21:11] <werner1> Shorts Emini NQ @ 9298.50
[13:21:18] <werner1> last trade
[13:24:59] <werner1> Covered all Emini NQ Short @ 9298.00 --> + 0.5
[13:25:19] <werner1> ok done ..cya
[14:57:31] <wrbtrader> Shorts Emini ES @ 2932.00 -> large size
[14:57:47] <wrbtrader> 10 contracts
[15:00:21] <wrbtrader> Covered all Emini ES Short @ 2932.50 --> - 0.5
[15:01:05] <wrbtrader> Had to dump it as when it re-enter the range of that Long Upper Shadow interval
[15:01:51] <wrbtrader> Long Emini ES @ 2935.00 -> large size
[15:01:59] <wrbtrader> 10 contracts
[15:02:03] <wrbtrader> chasing the volatility spike
[15:03:12] <wrbtrader> Exited all Emini ES Long @ 2935.50 --> + 0.5
[15:03:25] <wrbtrader> lost the steam :(
[15:04:45] <wrbtrader> Shorts Emini ES @ 2935.25 -> large size
[15:04:48] <wrbtrader> 10 contracts
[15:06:07] <wrbtrader> Covered all Emini ES Short @ 2934.75 --> + 0.5
[15:06:16] <wrbtrader> another trail pick
[15:13:06] <wrbtrader> Shorts Emini ES @ 2935.25 -> large size
[15:13:11] <wrbtrader> 10 contracts re-entry
[15:14:01] <wrbtrader> early entry too
[15:14:28] <wrbtrader> Signal now confirmed @ 2933.50
[15:16:13] <wrbtrader> Covered all Emini ES Short @ 2934.75 --> + 0.5
[15:16:17] <wrbtrader> S area @ 2932.00
[15:18:36] <wrbtrader> Long Upper Shadow interval
[15:19:02] <wrbtrader> Long Emini ES @ 2935.50 -> small size
[15:19:11] <wrbtrader> 1 contract
[15:19:42] <wrbtrader> Exited Emini ES Long @ 2934.25 --> - 1.25
[15:19:42] <wrbtrader> Reverse and Enter Short Emini ES @ 2934.25
[15:19:56] <wrbtrader> 1 contract on the position reversal
[15:20:39] <wrbtrader> too much bouncing around within the range of the big Up WRB Hidden GAP interval
[15:21:00] <wrbtrader> reason why I've finally lowered my position size
[15:21:34] <wrbtrader> Covered Emini ES Short @ 2932.00 --> + 2.25
[15:22:07] <wrbtrader> caught the S area
[15:23:37] <wrbtrader> Shorts Emini ES @ 2931.50 -> small size
[15:23:46] <wrbtrader> 3 contracts
[15:23:54] <wrbtrader> below the S area
[15:26:19] <wrbtrader> Covered all Emini ES Short @ 2929.25 --> + 2.25
[15:27:02] <wrbtrader> not a WRB pt1
[15:27:26] <wrbtrader> decided to just close the trade and call it quits right here
[15:27:38] <wrbtrader> Exhausted from the lack of sleep last night
[15:27:45] <wrbtrader> Take care all and see all tomorrow
Session Closed

Bloomberg Markets: The Close' Full Show (05/11/2020) @ https://www.bloomberg.com/news/videos/2020-05-11/-bloomberg-markets-the-close-full-show-5-11-2020-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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