##TheStrategyLab Price Action Chat Room Logs

[09:19:41] * Now talking in ##TheStrategyLab
[09:19:42] ##TheStrategyLab url is [http://www.thestrategylab.com]
[09:32:21] <Tigerman______> all
[09:32:27] <asuni>
[09:33:03] <Tigerman______> lg ES @ 3789
[09:33:12] <Tigerman______> exit all ES @ 3790 +1
[09:34:07] <Tigerman______> entry via intuition on up move
[09:34:18] <Tigerman______> overall another messy open
[09:36:53] <Tigerman______> noizy fight on market need stay sidelines x my trading
[09:43:35] <wrbtrader> It will clear up soon...market nervous about tomorrow Inauguration DAy
[09:44:52] <wrbtrader> Very ugly looking price action
[09:45:36] <Tigerman______> hi wrbtrader which Inauguration DAy
[09:46:42] <wrbtrader> Tomorrow
[09:47:07] <Tigerman______> yeah which event
[09:47:08] <wrbtrader> The new U.S. Preesident is sworn in Washington D.C.
[09:47:16] <Tigerman______> ah ok that
[09:47:26] <wrbtrader> Its a well known KME
[09:47:57] <Tigerman______> I suspect you mean that just inauguration let me think different
[09:50:32] <Tigerman______> sh ES @ 3779.25
[09:50:43] <Tigerman______> exit all ES @ 3778 +1.25
[09:50:57] <Tigerman______> intuition on increase vola on short side
[09:51:20] <Tigerman______> I did ES by mistake wanna use mES instead
[09:52:13] <wrbtrader> Shorts Emini ES @ 3779.00 -> large size
[09:52:23] <wrbtrader> 10 contracts
[09:56:23] <wrbtrader> Covered all Emini ES Short @ 3777.75 --> + 1.25
[09:56:45] <Tigerman______> sh mES @ 3778.50
[09:56:56] <Tigerman______> exit all mES @ 3778 +.5
[09:57:24] <wrbtrader> I tried to get back in on the snapback but screwed up with trying to go with only 3 contracts
[09:57:26] <Tigerman______> error here for me used large size via clicking 2 times on book
[09:58:07] <Tigerman______> seems a good short at start ... in contrast after that noizy vola got a fiasco
[09:58:23] <Tigerman______> good I was able to catch a tiny profit
[10:01:19] <wrbtrader> Emini ES has finally put in its first WRB Hidden GAP interval of the day
[10:01:43] <wrbtrader> too bad its not important (not a WRB Zone)
[10:02:30] <wrbtrader> Here's some interesting stats...
[10:02:34] <Tigerman______> sh mES @ 3778.25
[10:02:44] <wrbtrader> We have a member at the forum that does not use the chat room
[10:02:53] <Tigerman______> exit all mES @ 3777.50 +.75
[10:02:57] <wrbtrader> He's somewhat of a statistics geek
[10:03:49] <wrbtrader> His recent stats in low volatility conditions...only 27% of WRB Hidden GAP intervals result as a WRB Zone
[10:04:14] <Tigerman______> too late entry for me around the support of previous contracting volatility
[10:04:42] <wrbtrader> I did a similar like quantitative statistical analysis before 2014
[10:05:06] <wrbtrader> 36% of WRB Hidden GAP intervals resulted as a WRB Zone
[10:05:31] <wrbtrader> 2010 - 2014
[10:05:48] <wrbtrader> during low volatility or when volatility was mean reverting
[10:06:28] <Tigerman______> yep low vola= less big folks at the party
[10:06:57] <wrbtrader> Simply, from my statistic data of 36% to his years later to 27%...,
[10:07:00] <Tigerman______> or also less economics hype to atract lots of small investors
[10:07:13] <asuni> what kind of parameters does he use? WRB zone chapter 1-12?
[10:07:20] <wrbtrader> That's a market that's becoming more difficult to trade
[10:07:44] <Tigerman______> strong agreed on that
[10:07:44] <wrbtrader> Tutorial Chapter 2
[10:07:56] <wrbtrader> Same with me...I used Tutorial Chapter 2
[10:08:12] <asuni> and your parameters with 36% results?
[10:08:21] <Tigerman______> chapter 2 is mostly about Kme
[10:08:26] <wrbtrader> Everybody knows me...I'm big on Key Market Events (KMEs)
[10:09:06] <wrbtrader> Tomorrow will be a KME
[10:09:43] <Tigerman______> form my observations scheduled Kme react very different vs years ago
[10:09:54] <wrbtrader> Agree
[10:10:17] <Tigerman______> vola is faster when unexpected events show up
[10:10:52] <wrbtrader> Yeah...breaking news KMEs have been a pain in the butt
[10:11:19] <Tigerman______> last spring was a clear example of that
[10:11:25] <Tigerman______> crazy vola
[10:12:17] <wrbtrader> Yeah and when Oil went into negative prices and produced WRB Hidden GAP intervals at negativre price levels...
[10:12:32] <wrbtrader> Crazy Crap
[10:12:55] <Tigerman______> yep that was sick
[10:13:37] <Tigerman______> people desperate to find someone show up and buy their oil
[10:13:49] <wrbtrader> Long Emini ES @ 3781.00 -> small size
[10:14:03] <wrbtrader> 3 contracts
[10:14:10] <wrbtrader> poor entry
[10:16:37] <wrbtrader> Exited all Emini ES Long @ 3780.25 --> - 0.75
[10:20:14] <wrbtrader> Shorts Emini ES @ 3777.00 -> small size
[10:20:24] <wrbtrader> 3 contracts intuition
[10:20:40] <wrbtrader> chasing too
[10:21:43] <wrbtrader> Covered all Emini ES Short @ 3778.25 --> - 1.25
[10:23:39] <wrbtrader> testing S area
[10:23:59] <wrbtrader> Shorts Emini ES @ 3776.00 -> small size
[10:24:12] <wrbtrader> 3 contracts early entry
[10:25:04] <wrbtrader> Covered all Emini ES Short @ 3777.50 --> - 1.5
[10:25:26] <wrbtrader> It's just bouncing arounf in a tight trading range
[10:25:52] <wrbtrader> Will now just wait for a breakout of the range
[10:26:49] <Tigerman______> yep messy eange bound I hate it
[10:26:54] <Tigerman______> range
[10:27:29] <Tigerman______> it is here my loss add up
[10:27:40] <Tigerman______> so I hate it
[10:32:16] <Trendtrader> all
[10:32:29] <asuni>
[10:33:34] <wrbtrader> now the 2nd WRB Hidden GAP interval has formed in this tight trading range
[10:36:01] <wrbtrader> new R area being tested
[10:38:38] <wrbtrader> still not able to breakout of the tight range
[10:43:34] <wrbtrader> breakout
[10:45:09] <wrbtrader> Long Emini ES @ 3784.00 -> small size
[10:46:08] <wrbtrader> Exited all Emini ES Long @ 3785.50 --> + 1.5
[10:46:38] <wrbtrader> almost caught a WRB pt1
[10:46:44] <wrbtrader> trail stop picked
[11:02:51] <wrbtrader> Long Emini ES @ 3783.00 -> small size
[11:03:01] <wrbtrader> 3 contracts intuition
[11:04:52] <wrbtrader> Exited all Emini ES Long @ 3781.50 --> - 1.5
[11:05:01] <wrbtrader> trail stop picked
[11:05:26] <wrbtrader> It had promise and then boom...volatility out of nowhere
[11:05:47] <wrbtrader> Long Emini ES @ 3783.00 -> small size
[11:05:56] <wrbtrader> 3 contracts re-entry
[11:06:32] <wrbtrader> Exited all Emini ES Long @ 3781.50 --> - 1.5
[11:07:16] <wrbtrader> Shorts Emini ES @ 3781.00 -> small size
[11:07:26] <wrbtrader> 3 contracrts
[11:08:01] <wrbtrader> Covered all Emini ES Short @ 3780.50 --> + 0.5
[11:08:15] <wrbtrader> Shorts Emini ES @ 3780.75 -> small size
[11:08:25] <wrbtrader> 3 contracts re-entry
[11:10:45] <wrbtrader> Covered all Emini ES Short @ 3779.00 --> + 1.75
[11:10:52] <wrbtrader> early exi
[11:10:59] <wrbtrader> not a WRB pt1
[11:11:10] <wrbtrader> got lost in the trade
[11:15:24] <Tigerman______> take care all see next time
[11:20:57] <wrbtrader> Ok...take care Tigerman
[11:21:33] <wrbtrader> Shorts Emini ES @ 3774.50 -> small size
[11:21:38] <wrbtrader> 3 contracts
[11:23:30] <wrbtrader> Covered all Emini ES Short @ 3775.75 --> - 1.25
[11:23:35] <wrbtrader>
[11:23:59] <wrbtrader> That should have dropped like a rock
[11:24:27] <wrbtrader> Shorts Emini ES @ 3776.00 -> small size
[11:24:35] <wrbtrader> 3 contracts re-entry
[11:24:47] <wrbtrader> early entry too
[11:25:20] <wrbtrader> Covered all Emini ES Short @ 3775.75 --> + 0.25
[11:25:43] <wrbtrader> Long Emini ES @ 3776.75 -> small size
[11:25:51] <wrbtrader> 3 contracts
[11:26:16] <wrbtrader> trying to close in on a prior S area that's now a R area
[11:26:39] <wrbtrader> in reference to Emini NQ
[11:29:12] <wrbtrader> Exited all Emini ES Long @ 3778.50 --> + 1.75
[11:29:33] <wrbtrader> R area reached
[11:30:02] <wrbtrader> in reference to price action of Emini NQ
[11:44:33] * Disconnected
[11:44:52] * Attempting to rejoin channel ##TheStrategyLab
[11:44:57] * Rejoined channel ##TheStrategyLab
[11:44:57] -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
[11:44:57] ##TheStrategyLab url is [http://www.thestrategylab.com]
[12:26:11] <Trendtrader> no trades for me today. see all later.
-
[12:56:55] * Now talking in ##TheStrategyLab
[12:58:10] <wrbtrader> I've been having a lot of disconnections lately...not sure if its the Freenode server or the mIRC program
[12:58:23] <wrbtrader> If it was Freenode...others would have the same problem too
[12:58:43] <wrbtrader> If its mIRC...only I will have the disconnection problems on my side
[13:06:13] <asuni> no problem here
[14:10:39] <wrbtrader> Thnks
[14:12:41] <wrbtrader> The disconnection problems were exclusively via WiFi...none when I'm double connected WiFi / Ethernet lin
[14:13:19] <wrbtrader> Trading platform never disconnects...just mIRC
[14:48:06] <wrbtrader> FT what a joke
[15:08:55] <wrbtrader> Long Emini ES @ 3795.00 -> small size
[15:09:08] <wrbtrader> 1 contract
[15:10:29] <wrbtrader> enter @ R area of a prior filled WRB Zone
[15:12:59] <wrbtrader> Exited Emini ES Long @ 3794.00 --> - 1
[15:14:10] <wrbtrader> Shorts Emini ES @ 3793.50 -> small size
[15:14:21] <wrbtrader> 3 contracts
[15:15:19] <wrbtrader> WRB pt1 reached but not able to grab it
[15:21:49] <wrbtrader> Covered all Emini ES Short @ 3793.00 --> + 0.5
[15:22:02] <wrbtrader> too slugish
[15:43:13] <wrbtrader> Long Emini ES @ 3795.00 -> small size
[15:43:23] <wrbtrader> 3 contracts
[15:44:49] <wrbtrader> Exited all Emini ES Long @ 3795.25 --> + 0.25
[15:45:17] <wrbtrader> a little spike got me out of a bad trade
[15:46:49] <wrbtrader> back to the trade signl price that I missed for the recent Long position
[15:47:46] <wrbtrader> Shorts Emini ES @ 3793.50 -> small size
[15:47:49] <wrbtrader> 3 contracts
[15:48:00] <wrbtrader> jumping around...fast chop
[15:48:22] <wrbtrader> Usually a clue of a directional price movement
[15:48:33] <wrbtrader> around the corner
[15:48:53] <wrbtrader> Covered all Emini ES Short @ 3794.00 --> - 0.5
[15:49:34] <wrbtrader> Shorts Emini ES @ 3793.50 -> small size
[15:49:48] <wrbtrader> 3 contracts reentry
[15:51:37] <wrbtrader> Covered all Emini ES Short @ 3793.25 --> + 0.25
[15:51:42] <wrbtrader>
[15:52:15] <wrbtrader> still chopping around
[15:54:45] <wrbtrader> Price action starting to look like how it open the first 15mins of th regular trading session
[15:56:21] <wrbtrader> Was able to avoid that first 15mins mess...will avoid this mess going into the 4pm est rush hour traffic
[15:56:43] <wrbtrader> Take care all and see all tomorrow
Session Close

Bloomberg Markets: The Close' Full Show (01/19/2020) @ https://www.bloomberg.com/news/videos/2021-01-20/-bloomberg-markets-the-close-full-show-01-19-2021-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 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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