##TheStrategyLab Price Action Chat Room Logs

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

[09:29:02] * Now talking in ##TheStrategyLab
[09:29:11] <wrbtrader> Good morning
[09:29:38] <wrbtrader> Today has a BIG KME...its the United States Inauguration Day of its new President
[09:29:51] <Tigerman______> all
[09:29:51] <asuni>
[09:30:10] <asuni> do you have any stathistic?
[09:30:19] <Tigerman______> yep that event scheduled arond noon
[09:30:56] <Tigerman______> I m more interested how ES moves now
[09:31:24] <Tigerman______> I ll keep my session short
[09:31:54] <wrbtrader> The big up move occurred before the Open...did you trade it ??
[09:31:54] <Tigerman______> in contrast I ll note how market nehaves after that Kmeevent
[09:31:58] <wrbtrader> I did not
[09:32:47] <Tigerman______> no I no trade it
[09:34:01] <wrbtrader> Long Emini ES @ 3816.00 -> small size
[09:34:11] <wrbtrader> 3 contracts
[09:34:30] <wrbtrader> following the price action of Emini NQ
[09:35:13] <wrbtrader> Exited all Emini ES Long @ 3817.00 --> + 1
[09:35:19] <Tigerman______> lg ES @ 3714.25
[09:35:34] <wrbtrader> It should be able to reset up for a re-entry
[09:35:43] <Tigerman______> exit all ES @ 3717.25 +3
[09:35:51] <Tigerman______> Wrb pt1 reach
[09:36:11] <Tigerman______> enter via up vola increase in an Up trend
[09:36:35] <Tigerman______> yeah also NQ help me to enter in in
[09:36:39] <Tigerman______> in it
[09:37:00] <wrbtrader> Long Emini ES @ 3816.00 -> small size
[09:37:07] <wrbtrader> 3 contracts re-entry
[09:38:44] <wrbtrader> Exited all Emini ES Long @ 3815.50 --> - 0.5
[09:39:02] <wrbtrader> ES now being sluggish
[09:39:25] <Tigerman______> 2 long x me here 1loss 1 gain
[09:39:45] <Tigerman______> I ll report them amybe ater a 3rd trade
[09:41:14] <wrbtrader> volatility flat line now
[09:41:29] <Tigerman______> I did the 3rd trade just collect few ticks
[09:41:33] <Tigerman______> vola ugly again
[09:41:54] <wrbtrader> Emini ES still stuck inside the range of its most recent Up WRB Hidden Gap Interval
[09:43:28] <wrbtrader> Long Emini ES @ 3816.50 -> small size
[09:43:41] <wrbtrader> 3 contracts re-entry
[09:44:53] <Tigerman______> odd up move ... simply not such a good fashion in it
[09:45:13] <wrbtrader> Exited all Emini ES Long @ 3816.75 --> + 0.25
[09:46:14] <wrbtrader> volatility keeps trying to breakout but also stuck inside a range while Emini ES is stuck inside the range of its most recent Up WRB Hidden GAP interval
[09:47:09] <Tigerman______> yeah also look at some finacial and volatility intruments
[09:47:19] <wrbtrader> Long Emini ES @ 3818.25 -> small size
[09:47:23] <Tigerman______> deep in red
[09:47:40] <wrbtrader> 3 contracts chasing the breakout
[09:49:04] <wrbtrader> Exited all Emini ES Long @ 3819.75 --> + 1.5
[09:49:19] <wrbtrader> small WRB pt1 reached
[09:49:31] <wrbtrader> not willing to hold it longer for a bigger WRB pt1
[09:50:32] <Tigerman______> lg ES @ 3719.50
[09:50:56] <Tigerman______> exit all ES @ 3720.25 +.75
[09:53:28] <Tigerman______> wrbtrader.... all my trades are intuition so far
[09:53:37] <Tigerman______> today
[09:53:51] <Tigerman______> I do intuitions most of the time
[09:54:27] <Tigerman______> this year I ll review much deeper my trades and stats
[09:54:53] <Tigerman______> just wondering how much is strategy and how much is trader feel
[09:55:44] <asuni> i'm forcing myself to avoid any intuition trade
[09:56:01] <asuni> only in wrb zone, with great results
[09:56:29] <asuni> i drammatically reduced number of trades
[09:56:55] <Tigerman______> yeah seems I have to scp to be happy with my trading
[09:57:16] <Tigerman______> I mean I do lot of trades
[09:57:36] <Tigerman______> very stressful
[09:57:52] <Tigerman______> infcat I have to relax and wait for larger targets
[09:58:27] <wrbtrader> Emini NQ slowly drifting back to the R area of its most recent Up WRB Hidden GAP interval
[10:00:32] <wrbtrader> Long Emini ES @ 3819.25 -> small size
[10:00:34] <wrbtrader> 1 contract
[10:00:51] <Tigerman______> in contrast ES now testing res of most recent Down Wrb hg
[10:01:35] <wrbtrader> Exited Emini ES Long @ 3821.25 --> + 2
[10:01:47] <wrbtrader> WRB pt1 reached
[10:04:01] <Tigerman______> lg mES @ 3722.50
[10:04:33] <wrbtrader> surge in volatility
[10:04:48] <wrbtrader> it broke below its S area
[10:04:49] <Tigerman______> lg mES @ 3822.50
[10:04:52] <Tigerman______> typo before
[10:05:12] <wrbtrader> Eminis corresponding invert price reaction to the the breakout
[10:05:16] <Tigerman______> exit all mES @ 3823.75 +1.25
[10:17:30] <Tigerman______> up move
[10:17:38] <Tigerman______> good a long here
[10:18:00] <Tigerman______> I trade only mES now
[10:24:43] <Tigerman______> today another new fresh high
[10:24:58] <Tigerman______> so ES again at all time high
[10:38:00] <wrbtrader> Long Emini ES @ 3833.00 -> small size
[10:38:16] <wrbtrader> 2 contracts
[10:38:49] <wrbtrader> I will not be pushing any size today because of the type of KME...not appropriate.
[10:41:16] <wrbtrader> Exited all Emini ES Long @ 3833.75 --> + 0.75
[10:41:34] <wrbtrader> WRB pt1 reached but held it too long...trail stop picked
[10:47:25] <wrbtrader> Long Emini ES @ 3834.50 -> small size
[10:47:28] <wrbtrader> 1 contract
[10:48:44] <wrbtrader> Exited Emini ES Long @ 3834.00 --> - 0.5
[10:49:12] <Trendtrader> all
[10:50:15] <Trendtrader> I will just be watching today.
[11:02:32] <wrbtrader> Reminder - Key in on the "First WRB Hidden GAP interval" after the Inauguration of Joe Biden as President on any time frame chart,
[11:18:25] <wrbtrader> Also, use that First WRB Hidden GAP interval to see if it will later qualify as a WRB Zone
[11:18:56] <wrbtrader> Yet, beause of the unusual KME...it can be used as a "pivot point"
[11:19:30] <wrbtrader> Literally until the next Inauguration Day...for 4 years
[11:22:31] <asuni> here mirc disconnected
[11:23:59] <wrbtrader> asuni...you on WiFi ??
[11:25:36] <wrbtrader> I think mIRC has a problem with WiFi...my recent disconnection problenms have all been on WiFi and not the Ethernet line
[11:26:45] <Tigerman______> wrbtrader... btw I m connected direct , just not sure if wi-fi can be ok x trading
[11:27:22] <wrbtrader> Sometimes I'm double connected...WiFi and Ethernet direct line
[11:27:28] <Tigerman______> I use it for everything else like Tv movies and so on
[11:29:31] <Tigerman______> seems I ll testing wi-fi for trading because I dont want be disconnected while in a trade
[11:29:31] <Tigerman______> I have good line
[11:36:15] <Tigerman______> take care all see next time
[11:36:27] <wrbtrader> Take care Tigerman
[11:53:33] <asuni> wrbtrader .....ethernet line
[12:19:02] <wrbtrader> ok
[12:22:36] <wrbtrader> Shorts Emini ES @ 3837.25 -> small size
[12:22:39] <wrbtrader> 1 contract
[12:23:03] <wrbtrader> early entry
[12:24:47] <wrbtrader> Covered Emini ES Short @ 3837.75 --> - 0.5
[12:54:03] <wrbtrader> Ok,..the inauguration finish now about 20mins ago
[12:56:10] <wrbtrader> missed the 3841.00 Long signal that bounced off the WRB Zone from of the First WRB Hidden GAP interval after the KME of the inauguration
[12:57:43] <wrbtrader> now retesting the R area
[12:58:05] <asuni> and div nq
[12:58:46] <wrbtrader> Long Emini ES @ 3841.50 -> small size
[12:58:58] <wrbtrader> 3 contracts
[13:01:31] <wrbtrader> small WRB pt1 reached
[13:03:10] <wrbtrader> Exited all Emini ES Long @ 3844.00 --> + 2.5
[14:28:20] <wrbtrader> Long Emini ES @ 3843.75 -> small size
[14:28:37] <wrbtrader> 3 contracts
[14:29:00] <wrbtrader> poor entry
[14:30:44] <wrbtrader> Exited all Emini ES Long @ 3844.75 --> + 1
[14:30:52] <wrbtrader> early exit
[14:30:57] <wrbtrader> not a WRB pt1
[14:31:19] <wrbtrader> had to take that profit early because of the poor entry
[14:31:51] <wrbtrader> 3845.50 is the R area I was hoping to get had I had a better entry price
[14:34:54] <wrbtrader> Long Emini ES @ 3846.25 -> small size
[14:35:10] <wrbtrader> 1 contract
[14:35:40] <wrbtrader> next R area @ 3847.25
[14:36:11] <wrbtrader> WRB pt1 reached
[14:36:47] <wrbtrader> Exited Emini ES Long @ 3847.25 --> + 1
[16:22:13] <wrbtrader> take care all
Session Close

Bloomberg Markets: The Close' Full Show (01/20/2020) @ https://www.bloomberg.com/news/videos/2021-01-21/-bloomberg-markets-the-close-full-show-01-20-2021-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
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