Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: August 7th Fri - #futures #forex #stocks #trading
 Post Posted: Fri Aug 07, 2020 5:15 pm 
Offline
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
Location: Canada
Image

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/062620-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 redacted screenshots of 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:
080720-TheStrategyLab-Chat-Room-Key-Markets.png
080720-TheStrategyLab-Chat-Room-Key-Markets.png [ 5.59 MiB | Viewed 160 times ]

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

Bloomberg Markets: The Open Full Show (08/07/2020) @ https://www.bloomberg.com/news/videos/2020-08-07/-bloomberg-the-open-full-show-08-07-2020-video

[09:27:20] * Now talking in ##TheStrategyLab
[09:27:20] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:31:35] <wrbtrader> Long Emini ES @ 3332.25 -> large size
[09:31:41] <wrbtrader> 10 contracts
[09:32:39] <wrbtrader> whacky correlations again
[09:33:02] <wrbtrader> Exited all Emini ES Long @ 3333.00 --> + 0.75
[09:33:07] <wrbtrader> :(
[09:33:26] <wrbtrader> early exit...not a trail stop picked
[09:35:07] <wrbtrader> Long Emini ES @ 3333.50 -> large size
[09:35:10] <wrbtrader> 10 contracts
[09:35:18] <wrbtrader> intuition
[09:36:18] <wrbtrader> Exited all Emini ES Long @ 3333.25 --> - 0.25
[09:37:02] <asuni> i'm still sideline
[09:37:15] <wrbtrader> Shorts Emini ES @ 3332.25 -> large size
[09:37:22] <wrbtrader> 10 contracts
[09:37:41] <wrbtrader> Long Lower Shadow interval...not sure why I didn't notice it earlier
[09:38:22] <wrbtrader> Covered all Emini ES Short @ 3332.00 --> + 0.25
[09:38:29] <wrbtrader> sideline
[09:42:40] <wrbtrader> Long Emini ES @ 3334.00 -> large size
[09:42:48] <wrbtrader> 10 contracts
[09:44:14] <asuni> quite same trade: 3333.50 exited 3335.25
[09:44:21] <wrbtrader> Exited all Emini ES Long @ 3335.25 --> + 1.25
[09:44:25] <asuni> lol
[09:44:42] <wrbtrader> small WRB pt1 reached
[09:45:14] <wrbtrader> Price action too afraid to move a move...Up or Down
[09:45:23] <asuni> yes
[09:45:33] <wrbtrader> Every setup gets retraced back
[09:45:57] <asuni> can i ask you why are u trading large sizes? it's not your preferred price action
[09:46:23] <wrbtrader> The volatility is there
[09:46:27] <wrbtrader> It's just choppy
[09:46:41] <wrbtrader> A little longer like this...I start to drop my position size
[09:47:24] <wrbtrader> I'll then assume the volatility will most likely stay this way for the remainder of the trading day unless their's a KME
[09:47:54] <wrbtrader> Long Emini ES @ 3336.75 -> large size
[09:48:03] <wrbtrader> 10 contracts
[09:48:10] <wrbtrader> intuition
[09:48:48] <wrbtrader> volatility started showing up but now drying up just as fast
[09:49:53] <wrbtrader> Its trying again but slowly
[09:49:57] <wrbtrader> :(
[09:51:24] <wrbtrader> Exited all Emini ES Long @ 3337.50 --> + 0.75
[09:52:17] <wrbtrader> We have a weak KME @ 1000am est but its not well followed
[09:52:44] <wrbtrader> Today's big KME was the 0830am est KME
[09:53:12] <wrbtrader> That's the range the Emini futures are currently stuck inside
[09:53:17] <asuni> no KE at 1030 here
[09:53:25] <asuni> 1000
[10:01:39] <wrbtrader> Long Emini ES @ 3339.00 -> large size
[10:01:51] <wrbtrader> 10 contracts
[10:02:14] <wrbtrader> Exited all Emini ES Long @ 3337.50 --> - 1.5
[10:02:34] <wrbtrader> back to the mid-point
[10:04:34] <wrbtrader> strange to see it stuck at/near the mid-point of a KME price reaction
[10:05:02] <wrbtrader> Shorts Emini ES @ 3337.50 -> large size
[10:05:11] <wrbtrader> 10 contracts
[10:05:14] <wrbtrader> early entry
[10:06:24] <wrbtrader> Covered all Emini ES Short @ 3335.50 --> + 2
[10:06:28] <wrbtrader> WRB pt1 reached
[10:07:39] <wrbtrader> Shorts Emini ES @ 3335.25 -> small size
[10:07:42] <wrbtrader> 3 contracts
[10:08:27] <wrbtrader> Covered all Emini ES Short @ 3336.25 --> - 1
[10:09:46] <wrbtrader> Long Emini ES @ 3336.75 -> small size
[10:10:18] <wrbtrader> fighting its way back to the 0830am est KME mid-point
[10:11:25] <wrbtrader> small WRB pt1 reached
[10:12:16] <wrbtrader> Exited all Emini ES Long @ 3339.75 --> + 3
[10:12:51] <wrbtrader> I don't like to do those KME mid-point types of trading
[10:14:02] <wrbtrader> Market Depth been going almost straight up since the opening bell
[10:14:36] <wrbtrader> Correlations so bad...Emini futures act like they're disconnected from the market
[10:26:42] <wrbtrader> Long Emini ES @ 3333.00 -> small size
[10:26:51] <wrbtrader> 2 contracts
[10:27:25] <wrbtrader> lets see if it can retrace back up to that mid-point
[10:31:21] <wrbtrader> Exited all Emini ES Long @ 3338.00 --> + 5
[10:31:45] <wrbtrader> caught the mid-point but its not a WRB pt1
[10:31:54] <wrbtrader> Thus, early exit
[10:32:17] <wrbtrader> +5 pointer that's not a WRB pt1...weird
[10:32:38] <wrbtrader> Now its a WRB pt1 had I stayed in it to 3339.50
[10:33:09] <wrbtrader> left money on the table on that one
[11:01:46] <wrbtrader> Shorts Emini ES @ 3343.00 -> large size
[11:01:53] <wrbtrader> 10 contracts
[11:02:37] <wrbtrader> Very little push down from the Long Upper Shadow interval
[11:02:43] <wrbtrader> so far
[11:03:03] <wrbtrader> Covered all Emini ES Short @ 3342.50 --> + 0.5
[11:03:05] <wrbtrader> trail stop picked
[11:03:51] <wrbtrader> Shorts Emini ES @ 3342.75 -> small size
[11:04:00] <wrbtrader> 3 contracts
[11:04:28] <wrbtrader> VIX still inching lower :(
[11:04:50] <wrbtrader> Correlations slowly getting bad
[11:06:52] <wrbtrader> Covered all Emini ES Short @ 3342.75 --> 0
[11:06:58] <wrbtrader> geeesh :(
[11:07:10] <wrbtrader> Should have dropped like a rock
[11:07:25] <wrbtrader> Two shots at it...barely moved down
[11:08:19] <wrbtrader> If it retraces back to 3344...good chance it will turn into a Short Squeeze
[11:08:48] <wrbtrader> Long Emini ES @ 3344.25 -> small size
[11:08:56] <wrbtrader> 3 contracts
[11:10:17] <wrbtrader> Exited all Emini ES Long @ 3344.25 --> 0
[11:10:40] <wrbtrader> It tried but had no volatility to push it higher
[11:11:15] <wrbtrader> Long Emini ES @ 3344.75 -> small size
[11:11:24] <wrbtrader> 3 contracts re-entry
[11:11:27] <wrbtrader> intuition
[11:13:25] <wrbtrader> Exited all Emini ES Long @ 3343.75 --> - 1
[11:13:57] <wrbtrader> two good entries...nothing out of it
[11:15:06] <wrbtrader> Shorts Emini ES @ 3342.50 -> small size
[11:15:23] <wrbtrader> 2 contracts
[11:18:04] <wrbtrader> Covered all Emini ES Short @ 3339.25 --> + 3.25
[11:19:25] <wrbtrader> Should have held it a little longer because it was a double trade signal...both bearish
[11:19:47] <wrbtrader> be back later
[12:14:18] <wrbtrader> Alert - I started TheStrategyLab website in 2002 and the forum in 1999
[12:15:04] <wrbtrader> In 2012...someone (anonymous) contacted me in 2012 to purchase the name (TheStrategyLab) for $500
[12:15:16] <wrbtrader> Of course I declined the offer
[12:16:05] <wrbtrader> One year later...some guy name Babak B. Dolatsaraei stated a Twitter and Facebook name TheStrategyLab.
[12:16:39] <wrbtrader> In contrast, my twitter is wrbtrader.
[12:17:08] <wrbtrader> Twitter stole (took away) my TheStrategyLab and gave it to that creep
[12:17:19] <wrbtrader> https://twitter.com/TheStrategyLab
[12:17:52] <wrbtrader> He did the same thing on Facebook via https://www.facebook.com/pg/TheStrategyLab
[12:18:05] <asuni> if u write dolatasraei in google the first link is
[12:18:18] <asuni> Babak B. Dolatsaraei (@TheStrategyLab) | Twitter
[12:18:35] <wrbtrader> To this date...I don't know exactly what he does but the past year it looks like he's marketing / selling something involving Bitcoins
[12:20:01] <wrbtrader> I've emailed him several times in 2013, 2014, 2015, 2017, 2018 and 2019...
[12:20:08] <wrbtrader> He never replies back
[12:21:23] <wrbtrader> I've thought about going after Twitter / Facebook for giving my business name to this guy without my permission
[12:22:20] <wrbtrader> In fact, the dick wad even changed his name from "thestrategylab" to "TheStrategyLab"
[12:23:02] <wrbtrader> My website and the way I write "TheStrategyLab" has always been as such with the Caps T and S and L for "TheStrategyLab"
[12:23:24] <wrbtrader> That's whe defining element that the dick is doing that crap on purpose
[12:25:53] <wrbtrader> He came on strong with the crap in 2016 and the crap from this guy peaked in 2016 when I returned online from the hospital just to let people know I was still alive
[12:26:57] <wrbtrader> Very Bizaare
[12:27:09] <wrbtrader> Can't find out exactly what he's selling or doing
[12:27:46] <wrbtrader> He states on his Twitter page he's a "Startup Accelerator, Cryptocurrency investor and evangelist"
[12:27:51] <wrbtrader> :) :) :)
[12:27:59] <asuni> wow
[12:28:57] <wrbtrader> Also, just as strange...looks like his twitter page only "retweets" via an autobot
[12:29:21] <wrbtrader> By guess is this...
[12:29:51] <wrbtrader> The anonymous person in 2012 that made that $500 offer to purchase my business name...
[12:30:35] <wrbtrader> He or She had already created some products with that name on it and too damn lazy to create a new name for their Bitcoin products
[12:30:56] <wrbtrader> They stayed with the name in hopes I would quit trading or drop dead
[12:31:10] <wrbtrader> That almost happen in the fall of 2016 (drop dead)
[12:33:04] <wrbtrader> Apparently he's doing something with Synchronium @ https://synchronium.io/platform/synchrobit/
[12:33:30] <wrbtrader> Why didn't that dick use that name for his website "Synchronium" ???
[12:33:32] <wrbtrader> Geeesh
[12:34:59] <wrbtrader> One day I will have the time & energy to look into this guy more carefully...
[12:35:10] <wrbtrader> So far he has not caused any problems for me
[12:35:33] <wrbtrader> Just strange to see someone do that
[12:36:10] <wrbtrader> Actually, I will most likely go after Twitter / Facebook with the stealing of my name without notification
[12:36:24] <asuni> dolat
[12:37:05] <wrbtrader> I created Twitter (TheStrategyLab) and Facebook (TheStrategyLab) but didn't make one single message post.
[12:37:15] <wrbtrader> They were inactive
[12:38:21] <wrbtrader> One day I get a notice from Twitter that the "inactive" account will be deleted.
[12:38:47] <wrbtrader> I then checked the next day...this Babak guy had it
[12:38:52] <wrbtrader> Hilarious bullshit
[12:42:16] <wrbtrader> Looks like he's arabic / muslim
[14:22:48] <wrbtrader> Shorts Emini ES @ 3325.25 -> small size
[14:22:59] <wrbtrader> 3 contracts
[14:24:05] <wrbtrader> Covered all Emini ES Short @ 3323.00 --> + 2.25
[14:34:33] <wrbtrader> be right back
-
[14:43:48] * Now talking in ##TheStrategyLab
[15:03:32] <wrbtrader> Long Emini ES @ 3334.50 -> small size
[15:03:48] <wrbtrader> 1 contract
[15:05:57] <wrbtrader> Exited Emini ES Long @ 3335.00 --> + 0.5
[15:06:05] <wrbtrader> trail stop picked
[15:12:38] <wrbtrader> Long Lower Shadow interval
[15:12:55] <wrbtrader> Shorts Emini ES @ 3332.25 -> small size
[15:13:03] <wrbtrader> 1 contract
[15:14:15] <wrbtrader> Covered Emini ES Short @ 3329.00 --> + 3.25
[15:14:22] <wrbtrader> WRB pt1 reached
[16:00:20] <wrbtrader> Take care all, have a nice weekend and see all next weekend
Session Close

Bloomberg Markets: The Close' Full Show (08/07/2020) @ https://www.bloomberg.com/news/videos/2020-08-07/-bloomberg-markets-the-close-full-show-08-07-2020-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 trade alert 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)


Top 
 Profile E-mail  
 
Display posts from previous:  Sort by  
 
Post new topic Reply to topic Bookmark and Share  [ 1 post ] 


Who is online

Users browsing this forum: No registered users and 1 guest

 
 

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Translated by Xaphos © 2007, 2008, 2009 phpBB.fr