##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 (01/13/2021) @ https://www.bloomberg.com/news/videos/2021-01-13/-bloomberg-the-open-full-show-01-13-2021-video

[09:31:13] * Now talking in ##TheStrategyLab
[09:31:13] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:38:58] <werner1> Shorts Emini NQ @ 12896.00
[09:39:15] <werner1> Covered all Emini NQ Short @ 12880.00 --> + 16
[09:39:39] <wrbtrader> nice especially with Volatility declining too
[09:39:52] <werner1>
[09:41:55] <wrbtrader> Reminder: Impeachment Vote occurring right now and for the next few hours
[09:43:06] <wrbtrader> This is one of those KMEs that has not statistical reference
[09:43:17] <wrbtrader> Shorts Emini ES @ 3791.00 -> large size
[09:43:24] <wrbtrader> 10 contracts
[09:43:44] <wrbtrader> intuition
[09:44:15] <wrbtrader> Obviously so because this is not a usual KME
[09:44:41] <wrbtrader> Covered all Emini ES Short @ 3791.50 --> - 0.5
[09:45:29] <wrbtrader> Long Emini ES @ 3793.00 -> large size
[09:45:35] <wrbtrader> 10 contracts
[09:47:26] <wrbtrader> Exited all Emini ES Long @ 3794.00 --> + 1
[09:47:32] <wrbtrader>
[09:53:58] <wrbtrader> Short Squeeze trying hard to setup
[09:55:05] <wrbtrader> Shorts Emini ES @ 3793.00 -> small size
[09:55:12] <wrbtrader> 3 contracts
[09:55:26] <wrbtrader> now need to prepare for a possible Short Squeeze
[09:58:01] <wrbtrader> Covered all Emini ES Short @ 3792.75 --> + 0.25
[09:58:09] <wrbtrader> going nowhere
[09:58:11] <werner1> Shorts Emini NQ @ 12923.00
[09:58:25] <wrbtrader> Volatility still low and flatline
[09:58:32] <werner1> Covered all Emini NQ Short @ 12917.00 --> + 6
[09:59:12] <wrbtrader> Shorts Emini ES @ 3792.00 -> small size
[09:59:19] <wrbtrader> 3 contracts
[09:59:23] <werner1> big tail nq 10 min
[09:59:54] <wrbtrader> Covered all Emini ES Short @ 3793.50 --> - 1.5
[10:00:28] <wrbtrader> Shorts Emini ES @ 3793.00 -> small size
[10:00:31] <werner1> Shorts Emini NQ @ 12915.00
[10:00:39] <wrbtrader> 3 contracts re-entry
[10:01:03] <wrbtrader> S area broken again
[10:01:10] <wrbtrader> this time with increasing volatility
[10:01:29] <werner1> Covered all Emini NQ Short @ 12885.00 --> + 30
[10:0[10:01:48] <werner1> pfff
[10:02:24] <werner1> done
[10:03:01] <wrbtrader> VIX broke out of the flatline price action
[10:03:03] <werner1> only watch now
[10:06:02] <wrbtrader> Covered all Emini ES Short @ 3788.00 --> + 5
[10:06:13] <wrbtrader> trail stop pick pocketed
[10:06:50] <wrbtrader> Long Emini ES @ 3787.75 -> small size
[10:06:57] <wrbtrader> 3 contracts
[10:07:43] <wrbtrader> Exited all Emini ES Long @ 3788.00 --> + 0.25
[10:07:59] <wrbtrader> not a trail stop pick
[10:08:01] <wrbtrader> early exit
[10:10:56] <wrbtrader> VIX, Eminis and Eurex futures (except for NQ) back to a prior flatlione tight trading range area
[10:23:19] <werner1> Shorts Emini NQ @ 12916.75
[10:24:08] <werner1> Covered all Emini NQ Short @ 12920.00 --> - 3.25
[10:25:38] <werner1> Long Emini NQ @ 12923.00
[10:26:28] <werner1> Exited all Emini NQ Long @ 12928.00 --> + 5
[10:28:44] <werner1> Long Emini NQ @ 12927.00
[10:28:54] <werner1> Exited all Emini NQ Long @ 12930.00 --> + 3
[10:30:10] <werner1> nq new hod
[10:30:32] <wrbtrader> Long Emini ES @ 3796.25 -> small size
[10:30:36] <wrbtrader> 3 contracts
[10:30:57] <wrbtrader> lets see if ES will follow NQ up or continue to fight it
[10:31:29] <werner1> kme
[10:31:30] <wrbtrader> more contraction showing up
[10:32:42] <werner1> mm es...gogo
[10:32:52] <wrbtrader> Exited all Emini ES Long @ 3797.25 --> + 1
[10:33:00] <wrbtrader> small WRB pt1 reached
[10:33:09] <werner1> wise
[10:33:39] <wrbtrader> Yeah...its too contracted to ignore when a WRB pt1 shows up
[10:33:49] <werner1> also res es here
[10:34:11] <werner1> lets see
[10:34:14] <wrbtrader> testing that R area again
[10:34:21] <wrbtrader> now above it
[10:34:28] <werner1> yep
[10:34:54] <wrbtrader> Long Emini ES @ 3798.00 -> small size
[10:35:08] <wrbtrader> 1 contract intuition
[10:35:33] <werner1> 3800 res imo
[10:36:22] <wrbtrader> chop has showed up
[10:36:51] <wrbtrader> chop in increasing contraction...typically leads to a volatility spike
[10:37:14] <wrbtrader> Hopefully UP and not Down
[10:38:29] <wrbtrader> Exited Emini ES Long @ 3798.50 --> + 0.5
[10:38:40] <wrbtrader> small WRB pt1 reached
[10:39:41] <werner1> yep 1:47] <wrbtrader> Emini NQ and Eurex futures lagging behind Emini ES
[10:40:03] <werner1> hihi 99.50
[10:40:20] <werner1> and down
[10:41:30] <werner1> if lh @nq ..short
[10:41:59] <werner1> Shorts Emini NQ @ 12957.00
[10:42:19] <werner1> Covered all Emini NQ Short @ 12953.00 --> + 4
[10:44:03] <werner1> again if lh....
[10:44:40] <werner1> mm dt here
[10:45:27] <werner1> dont like it
[10:48:25] <werner1> Long Emini NQ @ 12970.00
[10:49:09] <werner1> Exited all Emini NQ Long @ 12968.00 --> - 2
[10:53:42] <werner1> chop imo
[10:56:58] * ChanServ sets mode: +o wrbtrader
[10:58:18] <werner1> Shorts Emini NQ @ 12968.00
[10:59:18] <werner1> Covered all Emini NQ Short @ 12974.0 --> - 6
[11:05:22] <werner1> Long Emini NQ @ 12969.00
[11:06:24] <werner1> Exited all Emini NQ Long @ 12972.00 --> + 3
[11:09:22] <werner1> Shorts Emini NQ @ 12974.50
[11:10:23] <@wrbtrader> Long Lower Shadow interval
[11:10:39] <werner1> Covered all Emini NQ Short @ 12968.00 --> + 6.5
[11:10:43] <@wrbtrader> nice
[11:10:55] <werner1> ok done
[11:11:09] <@wrbtrader> Shorts Emini ES @ 3799.50 -> small size
[11:11:14] <werner1> take care ..cya
[11:11:15] <@wrbtrader> 3 contracts
[11:11:20] <@wrbtrader> bye werner
[11:11:27] <asuni> Bye
[11:12:06] <@wrbtrader> WRB pt1 reached
[11:12:14] <@wrbtrader> Covered all Emini ES Short @ 3797.25 --> + 2.25
[12:39:38] <@wrbtrader> Long Emini ES @ 3802.00 -> small size
[12:39:51] <@wrbtrader> 3 contracts
[12:41:26] <@wrbtrader> Exited all Emini ES Long @ 3802.25 --> + 0.25
[12:41:42] <@wrbtrader> lucky esape from a trade error
[12:42:58] <@wrbtrader> needed to wait until it can get above the R area before looking for Long signals
[12:43:20] <@wrbtrader> @ 3803.25
[12:44:11] <@wrbtrader> Long Emini ES @ 3803.50 -> small size
[12:44:21] <@wrbtrader> 3 contracts
[12:44:57] <@wrbtrader> Exited all Emini ES Long @ 3803.75 --> + 0.25
[12:45:15] <@wrbtrader> volatility dried up fast...too fast
[12:45:31] <@wrbtrader> tight trail stop picked
[13:07:17] <@wrbtrader> Shorts Emini ES @ 3805.25 -> small size
[13:07:37] <@wrbtrader> 1 contract
[13:08:30] <@wrbtrader> Doesn't merit size in the heat of the Trump Impeachment Vote
[13:11:02] <@wrbtrader> Covered Emini ES Short @ 3806.25 --> - 1
[13:54:10] <@wrbtrader> VIX and Eurex flatline
[13:54:41] <@wrbtrader> NQ seems to be ignoring it
[13:57:22] <@wrbtrader> This may be the price action we're going to see more and more until January 20th unless breaking news about violence in state capitols happens...
[13:57:39] <@wrbtrader> Hopefully not and it just stays boring.
[13:58:11] <@wrbtrader> People dying is one of the biggest guilts to deal with while trading when such happens
[13:59:46] <asuni> ANY NEWS?
[14:09:38] <@wrbtrader> Same impeachment...shouldn't be any news for several days
[14:10:22] <@wrbtrader> Should produce a lot of crazy noisy chop
[14:12:28] <@wrbtrader> be right back...rebooting to reset (activate) individual passwords is another person logs in here via a different user name / different IP address
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[14:23:03] * Now talking in ##TheStrategyLab
[14:23:03] -ChanServ- [##TheStrategyLab] Chat room for day traders, swing traders, position traders using concepts from WRB Analysis to help improve the performance of their trade signal strategies. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718
[14:23:03] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[14:23:14] * ChanServ sets mode: +o wrbtrader
[15:10:08] * Disconnected
-
[15:23:42] * Now talking in ##TheStrategyLab
[15:39:22] <wrbtrader> Long Emini ES @ 3805.50 -> small size
[15:39:35] <wrbtrader> 1 contract
[15:40:58] <wrbtrader> Exited Emini ES Long @ 3807.00 --> + 1.5
[15:41:11] <wrbtrader> small WRB pt1 reached
[15:50:10] <wrbtrader> Shorts Emini ES @ 3806.00 -> small size
[15:50:16] <wrbtrader> 3 contracts
[15:51:48] <wrbtrader> Covered all Emini ES Short @ 3806.00 --> 0
[15:52:10] <wrbtrader> Shorts Emini ES @ 3806.00 -> small size
[15:52:21] <wrbtrader> 3 contracts re-entry
[15:54:07] <wrbtrader> needs to retest 3805.00 to prompt a breakeven trail stop adjustment
[15:54:14] <wrbtrader> there now
[15:54:36] <wrbtrader> trailing @ profit
[15:54:57] <wrbtrader> Covered all Emini ES Short @ 3805.50 --> + 0.5
[15:55:31] <wrbtrader> No runners today for me...a few ticks here and there...plus a few points and that +5 pointer trader
[15:56:08] <wrbtrader> The trades that were profitable...small WRB pt1 even the +5 pointer
[15:56:15] <wrbtrader> That type of trading day
[15:58:33] <wrbtrader> Safe boring trading day
[15:58:44] <wrbtrader> Take care all and see all tomorrow
Session Close

Bloomberg Markets: The Close' Full Show (01/13/2020) @ https://www.bloomberg.com/news/videos/2021-01-14/-bloomberg-markets-the-close-full-show-01-13-2021-video

@ wrbtrader @ Frequently Asked Questions @ What is WRB Analysis @ 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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