##TheStrategyLab Price Action Chat Room Logs

[09:31:17] * Now talking in ##TheStrategyLab
[09:31:18] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:34:56] <wrbtrader> Good morning
[09:35:04] <asuni>
[09:35:42] <wrbtrader> Hopefully there will be some volatility...more than yesterday
[09:39:06] <wrbtrader> The only volatility so far today began around 0850am est
[09:39:57] <wrbtrader> Shorts Emini ES @ 3009.50 -> large size
[09:40:00] <wrbtrader> 10 contracts
[09:40:12] <wrbtrader> intuition
[09:40:51] <wrbtrader> just following the volatility in the Narket Depth
[09:41:10] <wrbtrader> Covered all Emini ES Short @ 3007.50 --> + 2
[09:41:20] <wrbtrader> trail stop picked pocketed
[09:41:41] <wrbtrader> Long Lower Shadow intervals showing up now
[09:46:15] <wrbtrader> Shorts Emini ES @ 3007.50 -> small size
[09:46:22] <wrbtrader> 3 contracts re-entry
[09:46:46] <wrbtrader> moving down the range of the recent Long Lower Shadow interval
[09:47:16] <wrbtrader> Covered all Emini ES Short @ 3007.25 --> + 0.25
[09:47:30] <wrbtrader> trail stop picked pocketed on the snapback up
[09:47:45] <werner1>
[09:47:45] <wrbtrader> Shorts Emini ES @ 3006.00 -> small size
[09:47:54] <wrbtrader> 3 contracts re-entry
[09:48:08] <wrbtrader> more choppy now
[09:48:25] <wrbtrader> now below the S area of the recent Long Lower Shadow interval
[09:49:31] <wrbtrader> Covered all Emini ES Short @ 3001.00 --> + 5
[09:49:33] <asuni> vix at?
[09:56:44] <werner1> 28.74
[09:56:55] <asuni> thanks
[09:58:39] <werner1> Shorts Emini NQ @ 9291.50
[09:58:51] <werner1> Covered all Emini NQ Short @ 9277.50 --> + 14
[09:59:33] <wrbtrader> nice
[09:59:45] <werner1>
[10:00:14] <wrbtrader> Shorts Emini ES @ 2995.00 -> small size
[10:00:21] <wrbtrader> 3 contracts
[10:01:25] <wrbtrader> Covered all Emini ES Short @ 2990.75 --> + 4.25
[10:01:46] <wrbtrader> WRB pt1 reached after moving down the range of another Long Lower Shadow interval
[10:01:59] <wrbtrader> That's a lot of consistent down pressure
[10:02:04] <werner1> nice fast trade
[10:02:28] <wrbtrader> New support levels are quickly / easily being retraced and price then goes lower
[10:05:04] <werner1> nqtry to find sup here
[10:07:16] <asuni> 8:56 am wrbhg is a KME WRB?
[10:14:11] <wrbtrader> asuni...what timeframe you're talking about
[10:15:22] <asuni> 2min
[10:15:30] <asuni> or 857am 3 min
[10:15:47] <wrbtrader> In Emini NQ
[10:15:56] <asuni> es
[10:21:42] <werner1> Shorts Emini NQ @ 9305.50
[10:22:43] <werner1> wow
[10:22:52] <werner1> vola spike
[10:23:12] <werner1> Covered all Emini NQ Short @ 9280.00 --> + 25.5
[10:23:26] <wrbtrader> I have 0854am as a WRB Zone and a KME WRB
[10:23:53] <werner1> ok only watch now
[10:24:14] <asuni> correct
[10:31:45] <wrbtrader> Shorts Emini ES @ 2992.50 -> small size
[10:31:47] <wrbtrader> 3 contracts
[10:32:09] <wrbtrader> will be a tough trade
[10:32:31] <wrbtrader> needs to break the most recent reaction low
[10:33:19] <wrbtrader> Covered all Emini ES Short @ 2992.25 --> + 0.25
[10:33:24] <wrbtrader> bailed
[10:35:08] <wrbtrader> Shorts Emini ES @ 2998.25 -> medium size
[10:35:14] <wrbtrader> 5 contracts
[10:35:27] <wrbtrader> below the S area of the most recent reaction low
[10:35:54] <wrbtrader> correction...
[10:36:25] <wrbtrader> Shorts Emini ES @ 2988.25 -> medium size
[10:38:48] <wrbtrader> Covered all Emini ES Short @ 2984.75 --> + 3.5
[11:38:49] <werner1> wow
[11:39:05] <asuni> i was looking for a quick long :-)))
[11:39:07] <asuni> ffffiuuu
[11:39:25] <wrbtrader> Agree
[11:39:34] <wrbtrader> big volatility spike
[11:39:39] <asuni> anyone is speaking?
[11:39:47] <werner1> me
[11:40:03] <werner1> lol
[11:41:02] <wrbtrader> Have not seen anything so far on CNBC and Bloomberg
[11:41:13] <wrbtrader> Normal stuff on Twitter feeds
[11:42:26] <wrbtrader> Mike Pompeo speaking about China / Hong Kong problems
[11:43:09] <wrbtrader> Not sure if that's the reason behind the volatility spike
[11:43:36] <wrbtrader> More news flowing now about Pompeo China Hong Kong
[11:45:02] <wrbtrader> Long Emini ES @ 2980.75 -> small size
[11:45:04] <wrbtrader> 1 contract
[11:45:57] <wrbtrader> Emini ES trying hard to retrace back up to the R area of the big Down WRB Hidden GAP interval
[11:49:11] <werner1> ok done here ...take care ...cya
[11:49:40] <asuni> unpainful trqade :-)
[11:50:04] <wrbtrader> Exited Emini ES Long @ 2991.00 --> + 10.25
[11:50:41] <wrbtrader> crazy
[11:51:17] <wrbtrader> only 1 contract on that
[12:17:00] <wrbtrader> Long Emini ES @ 2997.25 -> small size
[12:17:02] <wrbtrader> 3 contracts
[12:18:13] <wrbtrader> tough S area to stay above in the range of the WRB Zone
[12:19:15] <wrbtrader> very contracted now
[12:19:49] <wrbtrader> stop loss tighten because I'm now expecting a volatility spike
[12:20:32] <wrbtrader> Exited all Emini ES Long @ 2996.75 --> - 0.5
[12:20:37] <wrbtrader>
[12:26:11] <wrbtrader> Long Emini ES @ 2996.75 -> small size
[12:26:14] <wrbtrader> 3 contracts re-entry
[12:27:00] <wrbtrader> Taking on that prior S area that's now acting like a R area
[12:27:44] <wrbtrader>
[12:27:49] <wrbtrader> getting choppy
[12:29:04] <wrbtrader> Exited all Emini ES Long @ 2996.00 --> - 0.75
[13:00:32] <asuni> fomc member is speaking
[13:01:13] <asuni> i am wrong., it was 30 min ago
[13:56:40] <wrbtrader> KME @ 2pm est FED Beige Book
[14:00:50] <asuni> it was ten minuites i waited for this volatility spike
[14:00:59] <asuni> enter exit enter exit....
[14:01:03] <asuni> finally i catched it
[14:02:21] <wrbtrader>
[14:02:37] <wrbtrader> Long Emini ES @ 3006.75 -> small size
[14:02:41] <wrbtrader> 3 contracts
[14:02:54] <wrbtrader> I don't see any nearby resistance area
[14:06:03] <wrbtrader> Exited all Emini ES Long @ 3006.00 --> - 0.75
[14:10:08] <wrbtrader> Long Emini ES @ 3007.00 -> small size
[14:10:11] <wrbtrader> 3 contracts re-entry
[14:12:24] <wrbtrader> WRB pt1 reached
[14:12:41] <wrbtrader> Exited all Emini ES Long @ 3009.75 --> + 2.75
[15:59:20] <wrbtrader> Long Emini ES @ 3030.50 -> small size
[15:59:30] <wrbtrader> 3 contracts
[16:00:46] <wrbtrader> Exited all Emini ES Long @ 3030.75 --> + 0.25
[16:00:51] <wrbtrader>
[16:01:07] <wrbtrader> Take care all and see all tomorrow
Session Closed

Bloomberg Markets: The Close' Full Show (05/27/2020) @ https://www.bloomberg.com/news/videos/2020-05-28/-bloomberg-markets-the-close-full-show-05-27-2020-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
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