##TheStrategyLab Price Action Chat Room Logs

[09:30:24] * Now talking in ##TheStrategyLab
[09:30:34] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:33:36] * Now talking in ##TheStrategyLab
[09:33:37] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:37:16] <wrbtrader> To bad I logged in a little late...a repetive down movement showed up within minutes after the opening bell
[09:37:32] <Tigerman______> all
[09:37:36] <Tigerman______> hi wrbtrader
[09:37:37] <asuni>
[09:37:47] <wrbtrader> Good morning all
[09:37:58] <asuni> i lost the first short signal, taken the second one
[09:41:14] <wrbtrader> Shorts Emini ES @ 3009.50 -> large size
[09:41:16] <wrbtrader> 10 contracts
[09:41:52] <wrbtrader> Covered all Emini ES Short @ 3010.00 --> - 0.5
[09:42:07] <wrbtrader> early entry
[09:42:38] <wrbtrader> Shorts Emini ES @ 3011.00 -> large size
[09:42:53] <wrbtrader> 10 contracts re-entry
[09:43:26] <wrbtrader> Covered all Emini ES Short @ 3011.50 --> - 0.5
[09:44:58] <Tigerman______> not nice sync now
[09:45:18] <wrbtrader> now back to a prior S area
[09:45:26] <Tigerman______> in contrast now NQ join others
[09:45:39] <wrbtrader> Shorts Emini ES @ 3013.25 -> large size
[09:45:49] <wrbtrader> 10 contracts re-entry
[09:46:11] <wrbtrader> trade error
[09:47:03] <wrbtrader> Covered all Emini ES Short @ 3012.00 --> + 1.25
[09:47:51] <wrbtrader> lucky to escape because there's a Long Upper Shadow interval that has not coughed up its support when I thought in error it had
[09:49:41] <asuni> ym is going to new highs
[09:54:25] <wrbtrader> Yeah...Eminis still not insync
[09:55:20] <Tigerman______> lg mES 3008.5
[09:55:43] <Tigerman______> exit 2/3 @ 3009 +.5
[09:56:13] <Tigerman______> exit all @ 3008.5 +0
[09:56:43] <wrbtrader> testing another S area
[09:56:43] <Tigerman______> it was a counter-trade based on trade action dome and so on
[09:57:21] <wrbtrader> Shorts Emini ES @ 3007.25 -> large size
[09:57:22] <Tigerman______> sh mES @ 3007.50
[09:57:28] <wrbtrader> 10 contracts
[09:57:57] <wrbtrader> couldn't anymore ignore what Emini NQ was doing
[09:58:04] <wrbtrader> WRB pt1 reached
[09:58:08] <Tigerman______> exit 2/3 @ 3005.5 +2
[09:59:02] <Tigerman______> exit all rem mES @ 3004 +3.5
[09:59:43] <wrbtrader> Covered all Emini ES Short @ 3004.75 --> + 2.5
[09:59:58] <wrbtrader> tight trail picked pocketed
[10:00:43] <Tigerman______> lg mES @ 3006.25
[10:01:38] <Tigerman______> exit all @ 3006.50 + -25
[10:03:04] <Tigerman______> lg mES @ 3007.50
[10:03:49] <Tigerman______> exit all @ 3007.50 +0
[10:07:00] <Tigerman______> sh mES @ 3005.50
[10:07:54] <Tigerman______> exit all mES @ 3002.50
[10:08:05] <Tigerman______> +3 p
[10:19:40] <wrbtrader> strange price action now
[10:21:07] <wrbtrader> Long Emini ES @ 3006.25 -> small size
[10:21:09] <wrbtrader> 1 contract
[10:22:59] <wrbtrader> Exited Emini ES Long @ 3008.50 --> + 2.25
[10:23:07] <wrbtrader> small WRB pt1 reached
[10:24:07] <Tigerman______> lg mES @ 3007.50
[10:25:17] <Tigerman______> exit all @ 3008 + .50
[10:25:54] <Tigerman______> lg mES 3008.50
[10:26:40] <Tigerman______> exit all @ 3007.75 -1.25
[10:27:29] <Tigerman______> sh mES @ 3007
[10:34:27] <Tigerman______> exit all mES @ 3008 -1 p
[10:34:41] <Tigerman______> late post I was busy
[10:35:10] <Tigerman______> lg mES @ 3009
[10:35:28] <Tigerman______> exit all @ 3010
[10:36:40] <Tigerman______> sh mes @ 3009
[10:37:43] <Tigerman______> exit all @ 3008.50 +.50
[10:37:57] <Tigerman______> all trades based on dome action
[10:38:15] <Tigerman______> simply bad vola too slow and choppy to use high chart
[10:38:44] <Tigerman______> these was small size on 2nd platform
[10:39:03] <Tigerman______> glued markte to use bigger size
[10:39:24] <Tigerman______> I ll call quit in few minutes after update my docs
[10:41:35] <wrbtrader> Shorts Emini ES @ 3008.25 -> small size
[10:41:40] <wrbtrader> 1 contract
[10:41:55] <wrbtrader> I'm a little uneasy with this price action
[10:42:20] <Tigerman______> sh mES 3008.50
[10:42:28] <wrbtrader> stuck inside the range of its most recent Up WRB Hidden GAP interval
[10:42:59] <wrbtrader> Now testing the S area of that Up WRB Hidden GAP interval
[10:43:11] <wrbtrader> small WRB pt1 reached
[10:43:48] <wrbtrader> Covered Emini ES Short @ 3006.00 --> + 2.25
[10:44:06] <wrbtrader> WRB pt1's are smalled today
[10:44:42] <Tigerman______> exit all mES @ 3006 +2.5
[10:44:56] <wrbtrader> It should be able to setup a new WRB Zone in this price area
[10:48:52] <wrbtrader> Long Emini ES @ 3008.00 -> small size
[10:48:57] <wrbtrader> 1 contract
[10:50:06] <wrbtrader> new WRB Zone didn't setup but it did produce a new Long signal
[10:50:52] <wrbtrader> Exited Emini ES Long @ 3010.50 --> + 2.5
[10:51:03] <wrbtrader> small WRB pt1 reached
[10:51:51] <wrbtrader> be back later
[11:07:05] <Tigerman______> take care all see next time
[11:57:55] <asuni> around 3000
[13:24:29] <wrbtrader> I'm back after a long lunch and some b.s.ing online at Elitetrader.com
[13:25:46] <wrbtrader> Long Emini ES @ 3009.75 -> small size
[13:26:03] <wrbtrader> moving up the range of a Long Upper Shadow interval
[13:26:07] <wrbtrader> poor entry
[13:26:11] <wrbtrader> 3 contracts
[13:28:40] <wrbtrader> Exited all Emini ES Long @ 3011.25 --> + 1.5
[13:28:56] <wrbtrader> small WRB pt1 reached
[13:29:20] <wrbtrader>
[13:30:06] <wrbtrader> Didn't realize until after my exit it was closing in on a key R area @ 3013.00
[14:17:02] <wrbtrader> VIX still ranging around the 27 area
[14:18:39] <wrbtrader> Shorts Emini ES @ 3008.00 -> small size
[14:18:42] <wrbtrader> 3 contracts
[14:19:20] <wrbtrader> not a great entry but its OK considering what the VIX and Market Depth are doing (not much action)
[14:20:00] <wrbtrader> tight trail stop because this price action is overly contracted
[14:20:20] <wrbtrader> Covered all Emini ES Short @ 3008.75 --> - 0.75
[14:20:26] <wrbtrader> punks
[14:21:11] <wrbtrader> Long Emini ES @ 3010.00 -> small size
[14:21:19] <wrbtrader> 3 contracts
[14:21:29] <wrbtrader> volatility breakout
[14:21:42] <wrbtrader> Just needs to hold to help bring in more Longs
[14:22:13] <wrbtrader> small WRB pt1 reached
[14:24:13] <wrbtrader> Exited all Emini ES Long @ 3010.50 --> + 0.5
[14:24:17] <wrbtrader> chased out
-
[14:41:43] * Now talking in ##TheStrategyLab
[15:00:39] <asuni> YM NQ and Es just filled a WRBHG
[15:09:03] <wrbtrader> conflicting trade signals here...bullish / bearish
[15:09:57] <wrbtrader> Shorts Emini ES @ 3005.00 -> small size
[15:10:00] <wrbtrader> 3 contracts as it tries to move down the range of its most recent Long Lower Shadow interval...Market Depth declining too.
[15:10:28] <wrbtrader> Covered all Emini ES Short @ 3005.75 --> - 0.75
[15:11:54] <wrbtrader> Long Emini ES @ 3006.00 -> small size
[15:12:04] <wrbtrader> 3 contracts
[15:13:17] <wrbtrader> Exited all Emini ES Long @ 3005.50 --> - 0.5
[15:13:54] <wrbtrader> shaken out too easy on the recent trades
[15:15:21] <wrbtrader> Shorts Emini ES @ 3005.50 -> medium size
[15:15:27] <wrbtrader> 5 contracts
[15:15:44] <wrbtrader> will be a tough trade
[15:16:13] <wrbtrader> It couldn't get above the R area of the most recent Long Upper Shadow interval
[15:17:56] <wrbtrader> Covered all Emini ES Short @ 3002.50 --> + 3
[15:18:05] <wrbtrader> small WRB pt1 reached
[15:30:22] <wrbtrader> Shorts Emini ES @ 3004.50 -> small size
[15:30:28] <wrbtrader> 3 contracts re-entry
[15:31:15] <wrbtrader> Covered all Emini ES Short @ 3005.25 --> - 0.75
[15:32:49] <wrbtrader> Shorts Emini ES @ 3004.75 -> small size
[15:32:55] <wrbtrader> sneaky booger...was ready for it while it gets choppy
[15:34:49] <wrbtrader> wow
[15:35:04] <wrbtrader> Covered all Emini ES Short @ 2995.00 --> + 9.75
[15:35:23] <wrbtrader> Not sure what just happen but it just plunged...
[15:35:46] <wrbtrader> Should have had on my real time news...wanted a quiet trading afternoon
[15:39:50] <wrbtrader> Shorts Emini ES @ 2998.25 -> small size
[15:39:53] <wrbtrader> 1 contract as it tries to move back down the range of that Long Lower Shadow interval
[15:41:51] <wrbtrader> Surely that price drop is not because the U.S. announced possible sanctions on China
[15:42:11] <wrbtrader> S area of the Long Lower Shadow interval being tested
[15:43:51] <wrbtrader> Covered Emini ES Short @ 2991.00 --> + 7.25
[15:44:50] <wrbtrader> Obvious the start of that sudden price drop was most likely ALGOs reacting to a news event...maybe the news on the pending sanctions on China
[15:45:07] <wrbtrader> Glad I was already Short when that news happen
[15:45:27] <wrbtrader> Good way to close out the trading day
[15:45:39] <wrbtrader> after so man small WRB pt1s
[15:45:51] <wrbtrader> Take care all and see all tomorrow
Session Closed

Bloomberg Markets: The Close' Full Show (05/26/2020) @ https://www.bloomberg.com/news/videos/2020-05-26/-bloomberg-markets-the-close-full-show-5-26-2020-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

TheStrategyLab Review about Dr. Dean Handley @ http://www.thestrategylab.com/dr-dean-handley-review.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

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

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