##TheStrategyLab Price Action Chat Room Logs

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

Bloomberg Markets: The Open Full Show (07/01/2020) @ https://www.bloomberg.com/news/videos/2020-06-29/-bloomberg-the-open-full-show-6-29-2020-video

[09:29:02] * Now talking in ##TheStrategyLab
[09:29:03] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:29:34] <asuni> good morning
[09:29:50] <wrbtrader> Good morning
[09:30:04] <wrbtrader> A lot of strange news for the remainder of the week
[09:31:52] <wrbtrader> May need to do a few reboots today for software issues late last night
[09:33:02] <wrbtrader> Long Emini ES @ 3099.75 -> large size
[09:33:27] <wrbtrader> 10 contracts on the moving up the range of a recent Long Upper Shadow interval
[09:34:07] <wrbtrader> Exited all Emini ES Long @ 3106.00 --> + 6.25
[09:34:56] <wrbtrader> WRB pt1 reached
[09:35:12] <wrbtrader> Didn't expect volatility to show up so soon
[09:35:47] <wrbtrader> Algos jumping in early on the pending news info
[09:36:59] <wrbtrader> Mixed picture in Market Depth considering Nasdaq depth open as a big gap down before moving UP
[09:37:33] <Tigerman______> all
[09:37:40] <Tigerman______> holiday in canada today
[09:37:41] <asuni>
[09:38:05] <wrbtrader> Yet, that thins the liquidity a little today
[09:38:22] <wrbtrader> I myself won't be trading too much today like yesterday
[09:38:37] <Tigerman______> also heading to 4 July celebrations
[09:38:38] <wrbtrader> Traded yesterday in the afternoon but not the morning
[09:38:51] <wrbtrader> Today, trading the morning but not the afternoon
[09:39:03] <Tigerman______> I just did some fast trdes right at open today
[09:39:26] <wrbtrader> Someone once ask me why do I have so MANY "no trading days"...
[09:39:35] <Tigerman______> problem with fast trades it is very and I say Very stressfull
[09:39:40] <wrbtrader> A troll even thought that was "strange"
[09:40:02] <wrbtrader> Its simple, I have holidays in France, Canada and the U.S.
[09:40:06] <wrbtrader>
[09:40:35] <Tigerman______> lg mES @ 3103.50
[09:41:00] <wrbtrader> U.S. may be Open but some days France, Canada or a provincial holiday here in Quebec...
[09:41:05] <Tigerman______> exit all @ 3104 +.5p
[09:41:18] <wrbtrader> Good chance I won't be trading or only trading 1/2 day
[09:52:22] <wrbtrader> Shorts Emini ES @ 3100.50 -> small size
[09:52:31] <wrbtrader> 3 contracts
[09:52:36] <wrbtrader> early entry
[09:52:49] <wrbtrader> testing the S area
[09:53:56] <wrbtrader> now below the S area...2nd time
[09:54:52] <wrbtrader> Covered all Emini ES Short @ 3095.25 --> + 5.25
[09:55:00] <wrbtrader> WRB pt1 reached
[09:55:18] <wrbtrader> be right back...gotta reboot
-
[10:43:07] * Now talking in ##TheStrategyLab
[11:11:04] <wrbtrader> Shorts Emini ES @ 3103.00 -> small size
[11:11:10] <wrbtrader> 3 contracts early entry
[11:11:45] <wrbtrader> similar setup as the prior Short position
[11:12:34] <wrbtrader> WRB pt1 reached
[11:13:06] <wrbtrader> Covered all Emini ES Short @ 3099.00 --> + 4
[11:25:06] <wrbtrader> Starting to look like something is about to spike...
[11:25:21] <wrbtrader> a lot of contraction suddenly showed up in the volatility
[11:26:06] <wrbtrader> Long Emini ES @ 3096.50 -> small size
[11:26:09] <wrbtrader> 1 contract
[11:26:43] <wrbtrader> Exited Emini ES Long @ 3095.00 --> - 1.5
[11:26:43] <wrbtrader> Reverse and Enter Short Emini ES @ 3095.00
[11:27:04] <wrbtrader> 2 contracts on the position reversal
[11:27:48] <wrbtrader> Covered all Emini ES Short @ 3096.75 --> - 1.75
[11:27:55] <wrbtrader> punks
[11:29:18] <wrbtrader> Shorts Emini ES @ 3095.00 -> small size
[11:29:21] <wrbtrader> 2 contracts re-entry
[11:29:33] <wrbtrader> strange price action
[11:29:59] <wrbtrader> WRB pt1 reached
[11:30:02] <wrbtrader> Covered all Emini ES Short @ 3090.50 --> + 4.5
[11:30:28] <wrbtrader> missed the re-entry @ 3097
[11:30:42] <wrbtrader> caught analyzing the price action at the wrong time
[11:30:59] <wrbtrader> instead of just taking the Short @ 3097
[11:35:17] <asuni> i was short at 3097 when u entered LONG, and generallly this is an indication to close the position......... I didn't do it, closed at 3094 + 3 points
[11:45:16] <wrbtrader> My Long was an intution trade...it rolled over southward too fast before I could even write "intuition. It then got worst when I rolled it into a Short but then it spiked back up to the price area of the prior Long position
[11:45:22] <wrbtrader> whipsaw
[11:46:25] <wrbtrader> now its back UP in the direction I wanted it to go for that Long position
[11:46:27] <wrbtrader> geeesh
[11:48:22] <asuni> 9 cons candles with lower lows
[11:48:33] <asuni> Higher lows
[11:56:54] <wrbtrader> now its contracting...too much
[11:58:16] <wrbtrader> Shorts Emini ES @ 3101.00 -> small size
[11:58:24] <wrbtrader> 3 contracts
[11:58:34] <wrbtrader>
[11:59:04] <wrbtrader> Covered all Emini ES Short @ 3101.25 --> - 0.25
[11:59:23] <wrbtrader> saw a problem after my entry
[11:59:50] <asuni> i see a too near gap to fill, normally it rebounds
[12:08:10] <wrbtrader> I would like it to reach 3104 and then retrace
[12:08:46] <wrbtrader> If it goes higher into the 3105 price area...I become more bullish
[12:09:15] <asuni> with 3100 as target?
[12:14:00] <wrbtrader> Yep
[12:17:36] <wrbtrader> Long Emini ES @ 3105.25 -> small size
[12:17:41] <wrbtrader> Now above 3105..."If you can't love the one you want...love the one you're with".
[12:17:48] <wrbtrader> 3 contracts
[12:18:09] <wrbtrader> small WRB pt1 reached
[12:19:06] <wrbtrader> Exited all Emini ES Long @ 3107.75 --> + 2.5
[12:19:21] <asuni> great Trade :-)
[12:19:31] <wrbtrader> thanks
[12:19:51] <wrbtrader> Had a plan A (Short) and B (Long)
[12:19:58] <wrbtrader> plan A didn't setup
[12:20:14] <wrbtrader> plan B did setup
[12:20:25] <wrbtrader> I'm calling it quits here for the day
[12:20:55] <wrbtrader> I have some holiday planning to do
[12:21:01] <asuni> cu tomorrow
[12:21:08] <asuni> ah ok
[12:21:40] <wrbtrader> No trading for me tomorrow and Friday...holiday / personal reasons
[12:22:00] <wrbtrader> Take care and see all on Monday 6th
[12:22:10] <asuni> Take care you too
Session Closed

Bloomberg Markets: The Close' Full Show (07/01/2020) @ https://www.bloomberg.com/news/videos/2020-07-02/-bloomberg-markets-the-close-full-show-07-01-2020-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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