##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 (12/01/2020) @ https://www.bloomberg.com/news/videos/2020-12-01/-bloomberg-the-open-full-show-12-1-2020-video

[09:26:55] * Now talking in ##TheStrategyLab
[09:26:55] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:27:51] <asuni> good morning all
[09:28:21] <Tigerman______> all
[09:28:58] <Tigerman______> today I ll be active just first half hour
[09:34:39] <Tigerman______> sh ES @ 52.75
[09:35:54] <Tigerman______> exit all @ 3652 +.75
[09:36:35] <Tigerman______> nice wrb pt1 @ 3651 not grabbed via fera it can rebound up
[09:36:47] <Tigerman______> fera=fear
[09:39:02] <Tigerman______> lg ES 3657.75
[09:39:18] <Tigerman______> exit all @ 3658 +.25
[09:39:44] <Tigerman______> price stall here .. no feel it good
[09:40:41] <Tigerman______> not a nice rebound here... I hoped differently
[09:46:02] <Tigerman______> lg ES 366250
[09:46:24] <Tigerman______> 3662.50
[09:46:41] <Tigerman______> sym trade this time
[09:46:42] <wrbtrader> Shorts Emini ES @ 3661.00 -> large size
[09:46:46] <wrbtrader> 10 contracts
[09:47:23] <wrbtrader> early entry
[09:48:48] <wrbtrader> Covered all Emini ES Short @ 3660.75 --> + 0.25
[09:51:55] <wrbtrader> Shorts Emini ES @ 3661.75 -> large size
[09:51:58] <wrbtrader> 10 contracts re-entry
[09:53:25] <wrbtrader> Covered all Emini ES Short @ 3662.75 --> - 1
[09:54:27] <Tigerman______> Kme @ 10am
[09:54:29] <wrbtrader> still trying to short squeeze
[09:54:41] <Tigerman______> seems so
[09:55:02] <wrbtrader> Shorts Emini ES @ 3662.50 -> large size
[09:55:07] <wrbtrader> 10 contracts re-entry
[09:57:04] <wrbtrader> small WRB pt1 reached
[09:57:18] <Tigerman______> sh ES 3661.50
[09:57:42] <Tigerman______> exit all @ 3661 + .50
[09:58:11] <Tigerman______> I dumped before price reach a good wrb pt1
[09:58:26] <wrbtrader> tighten trail stop for the pending KME
[09:58:40] <wrbtrader> Covered all Emini ES Short @ 3662.00 --> + 0.5
[09:58:44] <Tigerman______> simply not good action
[09:59:08] <wrbtrader> Shorts Emini ES @ 3661.50 -> large size
[09:59:13] <wrbtrader> 10 contracts re-entry
[09:59:19] <Tigerman______> honestly not good action so far
[09:59:37] <wrbtrader> intuition
[09:59:46] <Tigerman______> today I was abe to post all my trades ... I m happy with that
[10:00:32] <Tigerman______> otherwise that signals I over trade
[10:00:36] <wrbtrader> Covered all Emini ES Short @ 3661.25 --> + 0.25
[10:02:07] <wrbtrader> Long Emini ES @ 3664.75 -> large size
[10:02:16] <wrbtrader> short squeeze
[10:03:15] <wrbtrader> Exited all Emini ES Long @ 3667.25 --> + 2.5
[10:03:28] <wrbtrader> small WRB pt1 reached
[10:07:00] <wrbtrader> Long Emini ES @ 3667.25 -> large size
[10:07:07] <wrbtrader> 10 contracts
[10:07:19] <wrbtrader> moving up the range of Long Upper Shadow interval
[10:08:15] <wrbtrader> Exited all Emini ES Long @ 3669.75 --> + 2.5
[10:14:21] <wrbtrader> small range now inside the range of its most recent Up WRB Hidden GAP interval
[10:23:25] <wrbtrader> Dow +430 points
[10:24:02] <wrbtrader> VIX still declining very slowly the past few weeks...now @ 20.59
[10:24:04] <wrbtrader>
[10:32:21] <wrbtrader> NQ trying hard to put in a support level with that recent Long Lower Shadow interval
[10:34:06] <Tigerman______> what I see now... random action too many instruments on their own
[10:34:06] <wrbtrader> support broke
[10:34:31] <wrbtrader> Shorts Emini ES @ 3667.00 -> large size
[10:34:36] <wrbtrader> 10 contracts
[10:35:14] <wrbtrader> small WRB pt1 reached after a poor entry
[10:36:40] <wrbtrader> Covered all Emini ES Short @ 3663.75 --> + 3.25
[10:37:22] <wrbtrader> Trade signal @ 3668.00 (missed due to over-analysis)
[10:44:55] <Tigerman______> I ll back later .. good trading x the others
-
[11:44:33] * Now talking in ##TheStrategyLab
[11:53:31] <wrbtrader> Shorts Emini ES @ 3662.75 -> large size
[11:53:43] <wrbtrader> 10 contrast
[11:53:45] <wrbtrader> poor entry
[11:55:25] <wrbtrader> Covered all Emini ES Short @ 3663.00 --> - 0.25
[11:55:54] <wrbtrader> should have grabbed that +0.50 profit
[11:59:17] <wrbtrader> contradict trade signals
[12:02:25] <wrbtrader> Long Emini ES @ 3665.00 -> large size
[12:02:34] <wrbtrader> 10 contracts
[12:04:58] <wrbtrader> Exited all Emini ES Long @ 3667.00 --> + 2
[12:05:10] <wrbtrader> not a WRB pt1
[12:05:17] <wrbtrader> early exit
[12:12:55] <wrbtrader> tough price action because the correlations have been bad the past hour
[12:25:07] <wrbtrader> Long Emini ES @ 3666.75 -> small size
[12:25:15] <wrbtrader> 3 contracts
[12:25:29] <wrbtrader> Signal @ 3666.00
[12:26:01] <wrbtrader> slow moving...keeps stalling my entries in thinking its going to reverse
[12:30:13] <wrbtrader> Exited all Emini ES Long @ 3667.00 --> + 0.25
[12:30:24] <wrbtrader> trail stop picked
[12:33:54] <wrbtrader> Shorts Emini ES @ 3668.50 -> large size
[12:34:00] <wrbtrader> 10 contracts
[12:34:18] <wrbtrader> chasing the increasing volatility
[12:35:00] <wrbtrader> WRB pt1 reached
[12:36:05] <wrbtrader> Covered all Emini ES Short @ 3665.75 --> + 2.75
[14:21:47] <wrbtrader> Shorts Emini ES @ 3672.75 -> small size
[14:21:54] <wrbtrader> 3 contracts intuition
[14:24:38] <wrbtrader> Covered all Emini ES Short @ 3671.50 --> + 1.25
[14:24:52] <wrbtrader> not a WRB pt1
[14:24:55] <wrbtrader> early exit
[14:58:31] <Tigerman______> I m right back
[14:59:28] <Tigerman______> maybe we ll have oportunity to short
[15:00:41] <Tigerman______> SH ES 366775
[15:00:56] <Tigerman______> 3667.75 sym trade
[15:02:06] <Tigerman______> exit 1/2 @ 3666 +1.75
[15:08:10] <wrbtrader> Shorts Emini ES @ 3659.00 -> large size
[15:08:24] <wrbtrader> 10 contracts intuition
[15:08:39] <wrbtrader> poor entry
[15:09:15] <wrbtrader> Covered all Emini ES Short @ 3658.00 --> + 1
[15:09:32] <wrbtrader> trail stop picked...placement error
[15:10:11] <Tigerman______> exit all @ 3657.75 + 10p
[15:10:41] <Tigerman______> it reached a wrb pt1 in 3min chart ES
[15:11:45] <Tigerman______> and was a pt3 in 1min chart... small intervals
[15:12:32] <Tigerman______> what give me confidence here was many markets in sync at last after a not so good day
[15:13:10] <wrbtrader> right now they are in sync...
[15:13:15] <Tigerman______> ES reached a low @ 3656 in this move
[15:13:28] <wrbtrader> Hopefully it will stay that way into the 4pm est rush hour traffic
[15:14:36] <Tigerman______> yeah good x you usually I m not here... today just a rare situation
[15:14:45] <Tigerman______> used trade the close long ago
[15:26:36] <wrbtrader> Shorts Emini ES @ 3661.25 -> large size
[15:26:40] <wrbtrader> 10 contracts
[15:26:49] <wrbtrader> early entry
[15:27:53] <wrbtrader> Covered all Emini ES Short @ 3662.00 --> - 0.75
[15:28:11] <wrbtrader> Long Emini ES @ 3662.50 -> large size
[15:28:19] <wrbtrader> 10 contracts
[15:28:35] <wrbtrader> looks like a Short Squeeze on the failed trade signal
[15:28:52] <wrbtrader> meant failed Short signal
[15:30:20] <wrbtrader> Exited all Emini ES Long @ 3662.00 --> - 0.5
[15:31:11] <wrbtrader> Shorts Emini ES @ 3661.00 -> large size
[15:31:20] <wrbtrader> intuition
[15:31:28] <wrbtrader> 10 contracts
[15:32:21] <wrbtrader> Will suck if this turns into a trading range I'm stuck in
[15:33:14] <Tigerman______> SH ES 3660.50
[15:34:25] <Tigerman______> exit 1/2 3659.50 +1p
[15:36:35] <wrbtrader> WRB pt1 reached
[15:36:53] <wrbtrader> Covered all Emini ES Short @ 3658.75 --> + 2.25
[15:37:25] <Tigerman______> exit all @ 3658.50 +2p
[15:40:05] <wrbtrader> Shorts Emini ES @ 3659.00 -> large size
[15:40:15] <wrbtrader> 10 contracts
[15:40:37] <wrbtrader> NQ broke the S area of its most recent contracting volatility
[15:42:11] <wrbtrader> Covered all Emini ES Short @ 3658.75 --> + 0.25
[15:42:17] <wrbtrader> punks
[15:42:38] <wrbtrader> correlations briefly became unglue
[15:43:11] <wrbtrader> That trade pisst me off
[15:43:22] <wrbtrader> I'm calling it quits here
[15:43:32] <wrbtrader> Take care all and see all tomorrow
[15:43:48] <Tigerman______> ok take care wrbtrader see you
Session Close

Bloomberg Markets: The Close' Full Show (12/01/2020) @ https://www.bloomberg.com/news/videos/2020-12-02/-bloomberg-markets-the-close-full-show-12-01-2020-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
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