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 Post subject: February 1st Mon - #futures #forex #stocks #trading
 Post Posted: Mon Feb 01, 2021 3:20 pm 
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 3049
Location: Canada

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
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Recent Past 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

020121-TheStrategyLab-Key-Markets.png [ 3.39 MiB | Viewed 7 times ]

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

Bloomberg Markets: The Open Full Show (02/01/2021) @ https://www.bloomberg.com/news/videos/2021-02-01/-bloomberg-the-open-full-show-02-01-2021-video

[09:32:54] * Now talking in ##TheStrategyLab
[09:42:16] <wrbtrader> Good morning...I'm expecting a lot of volatility todday
[09:42:23] <wrbtrader> Hopefully it shows up
[09:43:09] <asuni> good morning
[09:48:22] <wrbtrader> Missed this initiall price drop due to an important phone call from Mom
[09:48:42] <Tigerman_______> gm all
[09:49:00] <wrbtrader> Asking when the borders between Canada / United States will open so that I can fly home to visit :)
[09:49:03] <Tigerman_______> hi wrbtrader I hope your Mom is well
[09:49:42] <Tigerman_______> I think is better you go by feet :)
[09:49:48] <wrbtrader> She's in great health...ex military herself...living in the heart of Chicago
[09:49:52] <wrbtrader> alone
[09:50:07] <wrbtrader> in the middle of a badly hit Covid-19 city
[09:51:30] <wrbtrader> Yet, she has the experience of my 2016 fall illness to know to take this Covid-19 serious.
[09:52:34] <wrbtrader> She wears double face mask, face shield, medical gloves and always keeps a bottle of hand sanitizer on her
[09:52:47] <wrbtrader> As an elderly, she needs to be careful
[09:53:14] <wrbtrader> 5 of her closes friends had died and another in the hospital now
[09:53:47] <wrbtrader> All ethnic minorities from other countries...
[09:54:01] <wrbtrader> She's born and raised in France herself
[09:54:29] <wrbtrader> Her best friend is from Southern Italy...that's the one in the hospital now
[09:55:10] <Tigerman_______> Chicago Hospital ?
[09:55:18] <wrbtrader> They have a tight group of 15 elderly ladies...now 1/3 of them are dead from Covid-19
[09:55:21] <wrbtrader> :(
[09:55:40] <Tigerman_______> yeah really sad :(
[09:56:10] <wrbtrader> Yes...Chicago hospital
[09:56:40] <Tigerman_______> in my area around 700 hospitalized
[09:56:47] <wrbtrader> Wow :(
[09:56:51] <Tigerman_______> 60 in ICU
[09:57:00] <Tigerman_______> 2000 dead
[09:57:02] <wrbtrader> OMG !
[09:57:37] <Tigerman_______> 1500 Dead from October to January this Year
[09:57:53] <Tigerman_______> around 30 dead a day
[09:58:03] <wrbtrader> Nothing I can do...can't fly to France and can not fly to Chicago :(
[09:58:23] <wrbtrader> Yet, my sibling from South Dakota do visit mom often
[09:58:28] <Tigerman_______> seems France closed international borders yesterday
[09:58:52] <wrbtrader> Yes it did but I thought they weren't going to do it until later this week
[09:59:05] <wrbtrader> Quebec closed borders again recently
[09:59:11] <Tigerman_______> Germany and UK do well they closed all schools
[09:59:48] <wrbtrader> or maybe created a new rule of travelers...can't travel unless the traveler has documentation of a negative Covid-19 test in the recent 3 days before travel
[09:59:50] <Tigerman_______> FFp2 mask mandatary in Germany now when in public places
[10:00:43] <Tigerman_______> we have to do a NO virus policy
[10:01:01] <Tigerman_______> like NZ australia and others Asian countries
[10:01:14] <wrbtrader> My girlfriend is living in my condo during this Pandemic because its near the hospital where she works.
[10:01:33] <wrbtrader> She works in a ward that has Covid-19 patients as a head nurse
[10:02:06] <wrbtrader> I went by my condo last night...stayed outside in the snow just to talk to her.
[10:02:32] <Tigerman_______> wow thats terrific
[10:02:42] <wrbtrader> Tough situation to manage like that considering we need to stay apart during this Pandenic
[10:02:57] <Tigerman_______> wise move just very sad we have behave like that
[10:03:47] <wrbtrader> Weird...a lot of people in my situation that I know.
[10:03:48] <Tigerman_______> lot od kids lost parents during this pandemic :(
[10:04:09] <wrbtrader> The ones with two homes and with a family member that works in the hospital...
[10:04:43] <wrbtrader> That family member lives in the 2nd home away from the family because they are around Covid-19 patients
[10:05:41] <wrbtrader> The good thing...some countries their Covid-19 numbers are starting to decline
[10:05:48] <Tigerman_______> yeah good when you have two homes
[10:06:30] <wrbtrader> Hopefully people have smarten up now after all the bullshit and will not see the declining numbers as a way to let down their guards again
[10:06:58] <wrbtrader> Reason why I'm very glad many countries are closing their borders even with declining covid numbers
[10:06:59] <Tigerman_______> yeah second wave slow down.... if government not manage it well a 3rd can show up :(
[10:07:10] <wrbtrader> Exactly
[10:07:39] <wrbtrader> Shorts Emini ES @ 3727.25 -> large size
[10:07:53] <wrbtrader> 10 contracts - split
[10:09:21] <wrbtrader> Covered 1/2 Emini ES Short @ 3725.50 --> + 1.75
[10:10:56] <Tigerman_______> all my trades was short side today
[10:11:33] <wrbtrader> Covered Remainder Emini ES Short @ 3726.75 --> + 0.5
[10:11:45] <wrbtrader> had an earlier WRB pt1 too
[10:12:25] <wrbtrader> 2nd time this year I did a scale out without able to increase my profits on the remainders
[10:12:35] <wrbtrader> Still rusty at doing the scale outs
[10:13:04] <Tigerman_______> Wrbtrader did you broker send some aler about GME stocks ?
[10:13:18] <wrbtrader> Only one did
[10:13:29] <wrbtrader> late last week
[10:13:35] <wrbtrader> can't remember the date
[10:14:01] <wrbtrader> The other broker doesn't do stock trades
[10:14:16] <wrbtrader> didn't get anything from that broker about GMC :)
[10:14:17] <Tigerman_______> mine did too mostly large margin required
[10:15:09] <Tigerman_______> some folks got burned also with options ..
[10:15:15] <wrbtrader> Yet, both sent out alerts last week about changes in the margines...I think if was for the Micro Eminis
[10:15:38] <wrbtrader> or maybe I'm mistaken it was about a new CME fee or somethign like that for the Micros
[10:15:56] <Tigerman_______> last time x Eminis was around pandemic start last spring
[10:16:06] <Tigerman_______> crazy margins in NQ
[10:16:11] <wrbtrader> Exactly
[10:16:23] <wrbtrader> I didn't think about it...
[10:17:13] <Tigerman_______> I remember well almost unable to trade
[10:17:14] <wrbtrader> Drawing the first WRB Hidden GAP s/r levels on the daily chart for the start of the Pandemic
[10:17:29] <wrbtrader> It is a KME and as a black swan event
[10:17:41] <wrbtrader> Market does not forget such
[10:18:52] <wrbtrader> trying to Short Squeeze here
[10:19:18] <wrbtrader> I have a Short signal but will ignore because its trying to Short Squeeze
[10:19:48] <wrbtrader> volatility suddently contracting
[10:19:57] <wrbtrader> I'm now expecting a volatility spike here soon
[10:22:05] <wrbtrader> avoided a losing trade had I taken that Short
[10:22:47] <wrbtrader> Long Emini ES @ 3734.50 -> medium size
[10:22:56] <wrbtrader> 5 contracts intuition
[10:23:52] <Tigerman_______> 15:44 wrbtrader: Good morning...I'm expecting a lot of volatility todday what the main reason x that
[10:23:55] <wrbtrader> Exited all Emini ES Long @ 3735.50 --> + 1
[10:26:02] <wrbtrader> Tigerman...info I will not share in here...this is a public log but it deals with statistical work that I've done alot about trading in January
[10:27:08] <wrbtrader> Usually, historically, my most profitable trading month of the year but that changed either when Trump because President or via myself
[10:27:44] <wrbtrader> I remember posting great profits in Janauary...
[10:28:14] <wrbtrader> Strange people will say I was making the same profits "every month" when in fact it was just for one month - January
[10:29:20] <Tigerman_______> yeah lot od strange people just to be politre :)
[10:29:28] <Tigerman_______> polite
[10:29:29] <wrbtrader> I haven't had a big January since 2016
[10:29:50] <wrbtrader> After that...its by Trump years :(
[10:30:03] <wrbtrader> No more big January trading profits
[10:30:34] <wrbtrader> This year started with decent volatility in January as expected...
[10:31:02] <Tigerman_______> yeah maybe it was via Banks and big funds load up at Year start
[10:31:09] <wrbtrader> January 6th insurrection crap, January 20th Presidential Inauguration and the GMC / AMC crap
[10:31:55] <wrbtrader> People blew up in Janauary and others became rich
[10:32:01] <Tigerman_______> I have to make a note in my January docs... this January was Short squeeze month
[10:32:08] <wrbtrader> Many different KMEs this month
[10:32:25] <wrbtrader> Tigerman...exactly
[10:32:50] <wrbtrader> I've printed out graphs of my January KMEs WRB s/r levels...
[10:33:07] <wrbtrader> Hoping I can use them all year as long as possible
[10:33:47] <Tigerman_______> what I want from my trading is " enought day by day results
[10:34:03] <wrbtrader> Some members only trade the big KMEs via WRB Analysis...
[10:34:43] <wrbtrader> Thus, they have more downtime (no trading days) because the price action is not within the range of those big KMEs
[10:36:24] <wrbtrader> I'm in my early 50s...that's the trading style I want after we recover from this Pandemic
[10:36:34] <Tigerman_______> problem with few trading days is: if those days not works good with our strategy... it needs long time waiting x ne oportunities
[10:36:38] <wrbtrader> Just take it easy and coast into retirement
[10:37:20] <wrbtrader> Yep but you need to follow the statistics and stick with your statistical results to guide you
[10:37:33] <wrbtrader> For example...
[10:37:44] <wrbtrader> If I was only trading the big KMEs...
[10:38:15] <wrbtrader> I would have been actively trading the January of the past 4 years with very little to no profits
[10:38:28] <wrbtrader> Statistically...January is one of the best months
[10:39:32] <wrbtrader> Thus, January of 2021 was more closer to the volatility mean for January whereas the prior 4 years has not been but the 20 years before that it has been near the volatility norm
[10:40:08] <wrbtrader> Therefore, If I had only been trading in January and no other time of the year...
[10:40:57] <wrbtrader> I would have only had few trade opportunites the prior years in January but a lot of trade opportunities in January of 2021
[10:41:48] <Tigerman_______> yeah simply we have to pick up which strategy fits us best
[10:42:03] <wrbtrader> There's a few more statistically high volatility trading months
[10:42:43] <wrbtrader> That's all I would need...just a few months each year...vacation and bullshit the remaining months of the year :)
[10:43:21] <wrbtrader> Kids are teenagers now...can travel more easily with them...
[10:43:41] <Tigerman_______> yeah agreed just I fear to lose market tiuch during inactivity
[10:43:50] <Tigerman_______> touch
[10:44:04] <wrbtrader> Go visit mom in Chicago, siblings in South Dakota, relatives in Arizona...
[10:44:14] <wrbtrader> That's why I'm looking for a RV :)
[10:44:49] <wrbtrader> Will not be staying in a hotel or flying on a plane after this Pandemic
[10:44:57] <wrbtrader> Driving only
[10:45:07] <wrbtrader> RV style
[10:46:09] <wrbtrader> Tigerman...can you get CNN in Italy ???
[10:46:32] <wrbtrader> or any American news channel on your cable TV ???
[10:48:03] <wrbtrader> I get all the channels from France here in Québec plus a few channels in Italy...
[10:48:18] <wrbtrader> Looking now to see what the Italian cable channels I get...
[10:48:33] <wrbtrader> Will post a screenshot of it when I find it
[10:54:14] <wrbtrader> We get here from Italy...Mediaset Italia, Rai Italia, Rai news 24, Telebimbi, Telelatino and TGCOM 24
[10:54:55] <Tigerman_______> I have some Net channels plus lot of sattelite
[10:55:39] <wrbtrader> Sattelite...can you get CNN it Italy via Sattelite ?
[10:57:14] <wrbtrader> My Italian news channels only cone on for 1 hour each day...around 6:30pm est
[10:59:28] <wrbtrader> I also have Rai Tg Sport channel..comes on around 1:15pm est for one hour each day
[11:00:30] <wrbtrader> It states the following in Italian: Tutte le ultime notizie dal mondo dello sport e la rassegna stampa quotidiana
[11:00:38] <wrbtrader> Whatever that means :)
[11:01:16] <wrbtrader> Its the only Italian channel I have with a "description"
[11:03:27] <Tigerman_______> wrbtrader Il continue the talk in minutes ..
[11:04:43] <Tigerman_______> simply too busy with my trades
[11:06:35] <wrbtrader> I don't see anything right now...reason why I'n talking :)
[11:07:34] <Tigerman_______> yeah nothing strong ... just lot of small fast trades in mES x me
[11:07:34] <wrbtrader> Just notice the regular session gaps have not filled yet
[11:08:12] <Tigerman_______> already 2 pages of trades
[11:09:14] <Tigerman_______> I try to follow volatility up/down
[11:09:27] <Tigerman_______> just I m too late in entry
[11:09:46] <Tigerman_______> or better I m fast just price in dome moves too fast :)
[11:12:07] <Tigerman_______> 17:02 wrbtrader: It states the following in Italian: Tutte le ultime notizie dal mondo dello sport e la rassegna stampa quotidiana it means: All World sport news plus daily news
[11:12:52] <Tigerman_______> I mostly watch Net on demand
[11:41:05] <wrbtrader> Tigerman...thanks
[11:41:43] <wrbtrader> I'm surprise Asuni didn't answer
[11:42:26] <Tigerman_______> ah U W
[11:42:37] <wrbtrader> I'm curious if he can get CNN, CNBC, Bloomberg, Fox nes in Italy
[11:43:41] <Tigerman_______> I get CNBC via sat and Bloomberg via sat and net subscription
[11:44:00] <Tigerman_______> just I frefer neflix and disney :))
[11:44:05] <Tigerman_______> prefer
[11:45:02] <Tigerman_______> just got some snack
[11:45:29] <Tigerman_______> plus some fills screenshots
[11:45:35] <Tigerman_______> 5 pages :)
[11:45:38] <asuni> Sorry wrbtrader, i eas not looking at mIRC
[11:46:02] <asuni> i can see CNN, CNBC, Bloomberg and Fox news
[11:46:18] <wrbtrader> Via cable of Satillite in Italy ?
[11:46:27] <asuni> Satellite
[11:46:33] <wrbtrader> Ok
[11:46:48] <Tigerman_______> wrbtrader about quality..
[11:47:06] <wrbtrader> Yeah...that too I'm curious about...the quality
[11:47:26] <Tigerman_______> the best quality sat channels area from asia mostly Chine
[11:47:31] <Tigerman_______> china
[11:48:10] <Tigerman_______> in contrast net subscriptions give me 4K definitions plus dolby atmos audio
[11:48:44] <Tigerman_______> of course x movies ... not bother watch news in 4K :))
[11:58:47] <Tigerman_______> ok thanks x chat
[11:58:53] <Tigerman_______> take care all see next time
[11:58:59] <asuni> bye
[12:45:26] <wrbtrader> I'm waiting for 3 key markets to reach their key WRB Zone that's sitting a few points above current levels
[12:45:40] <wrbtrader> Emini NQ futures is the closer one
[12:46:18] <wrbtrader> Simply, if I only trade the key WRB Zones and ignore the other WRB Zones...
[12:46:41] <wrbtrader> I only have a few trades per day as in it slows down my trading dramatically
[12:47:06] <wrbtrader> It also gives me a very high win/loss ratio but LESS profits
[12:47:55] <wrbtrader> I rather trade often each day with less win/loss ratio but more profits
[12:50:32] <asuni> 3764 and 3759,50 are prices with more volumes in vol profile
[12:50:39] <asuni> do u use it? wrbtrader?
[12:51:29] <asuni> curiously, are down level and up level of 2 wrb
[12:52:31] <wrbtrader> I have that level but I'm not using it
[12:53:10] <asuni> the third price with more volumes is 3750, low of wrb in 3min chart
[12:53:12] <asuni> interesting
[12:53:13] <wrbtrader> I'm zone in on a level in other markets to trigger my trades in Emini ES...my usual way of trading
[13:09:39] <wrbtrader> Long Emini ES @ 3765.25 -> small size
[13:09:46] <wrbtrader> 3 contracts
[13:10:03] <wrbtrader> NQ just popped above the S area of the key WRB Zone
[13:12:12] <wrbtrader> WRB pt1 reached
[13:12:24] <wrbtrader> Exited all Emini ES Long @ 3767.75 --> + 2.5
[13:17:28] <wrbtrader> price action now low volatility around that S area
[13:18:01] <wrbtrader> any volatility that shows up should push it for a few points above or below the S area
[13:22:54] <wrbtrader> Long Emini ES @ 3768.00 -> small size
[13:23:01] <wrbtrader> 3 contracts
[13:24:00] <wrbtrader> need some volatility to show up now
[13:24:09] <wrbtrader> price action struggling now
[13:26:06] <wrbtrader> retesting the S area after hitting the R area :(
[13:26:44] <wrbtrader> Exited all Emini ES Long @ 3767.75 --> - 0.25
[13:27:22] <wrbtrader> too much bouncing around that S area
[13:27:32] <wrbtrader> couldn't hold the trade
[13:38:54] <wrbtrader> missed the Short @ 3767.00
[13:39:15] <wrbtrader> after it fell back below the S area
[13:55:16] <wrbtrader> Long Emini ES @ 3765.50 -> small size
[13:55:22] <wrbtrader> 3 contracts
[13:55:51] <wrbtrader> lets see if it can get back above the S area
[13:56:33] <wrbtrader> It just did
[13:57:13] <wrbtrader> Exited all Emini ES Long @ 3767.00 --> + 1.5
[13:57:16] <wrbtrader> small WRB pt1 reached
[14:00:47] <wrbtrader> now back below the S area of the Key WRB Zone
[14:01:16] <wrbtrader> Shorts Emini ES @ 3766.75 -> small size
[14:01:22] <wrbtrader> 3 contracts
[14:02:35] <wrbtrader> Covered all Emini ES Short @ 3766.25 --> + 0.5
[14:02:48] <wrbtrader> trail stop picked :(
[14:03:28] <wrbtrader> Shorts Emini ES @ 3766.00 -> small size
[14:03:31] <wrbtrader> 3 contracts re-entry
[14:06:23] <wrbtrader> Covered all Emini ES Short @ 3765.75 --> + 0.25
[14:06:28] <wrbtrader> :(
[14:08:02] <wrbtrader> Should have taken the 3764.00 bvt I held it because I thought volatility would show up to push int lower to the next S area @ 3763.25
[14:13:52] <wrbtrader> Long Emini ES @ 3769.25 -> small size
[14:13:59] <wrbtrader> 3 contracts
[14:14:13] <wrbtrader> Emini NQ back above the S area
[14:14:53] <wrbtrader> hopefully it will stay there for a minute to let volatility show up
[14:17:15] <wrbtrader> Exited all Emini ES Long @ 3771.75 --> + 2.5
[14:17:25] <wrbtrader> WRB pt1 reached
[14:18:34] <wrbtrader> Shorts Emini ES @ 3770.75 -> small size
[14:18:55] <wrbtrader> 3 contracts
[14:22:20] <wrbtrader> Covered all Emini ES Short @ 3769.75 --> + 1
[14:22:39] <wrbtrader> trail stop picked on the snapback Up
[14:22:55] <wrbtrader> Long Lower Shadow interval
[14:24:24] <wrbtrader> Short Squeeze
[14:24:49] <wrbtrader> Long Emini ES @ 3772.25 -> small size
[14:24:57] <wrbtrader> 3 contracts
[14:25:23] <wrbtrader> geeesh :(
[14:26:10] <wrbtrader> Exited all Emini ES Long @ 3773.00 --> + 0.75
[14:26:15] <wrbtrader> early exit
[14:26:37] <wrbtrader> lost in the woods on that trade
[14:26:53] <wrbtrader> will just watch the price action awhile
[14:49:51] <wrbtrader> Shorts Emini ES @ 3776.00 -> small size
[14:50:00] <wrbtrader> 3 contracts
[14:50:03] <wrbtrader> :(
[14:50:25] <wrbtrader> Covered all Emini ES Short @ 3776.75 --> - 0.75
[14:50:58] <wrbtrader> trade error...paid the price
[14:52:34] <wrbtrader> Shorts Emini ES @ 3775.25 -> small size
[14:52:44] <wrbtrader> 3 contracts
[14:53:11] <wrbtrader> Emini NQ now has dropped back below the R area
[14:53:26] <wrbtrader> or the key WRB Zone
[14:53:43] <wrbtrader> fighting hard to get back above
[14:54:11] <wrbtrader> now retesting the S area
[14:55:10] <wrbtrader> WRB pt1 reached
[14:55:21] <wrbtrader> Covered all Emini ES Short @ 3771.50 --> + 3.75
[14:55:48] <wrbtrader> also exit at a prior R area
[15:37:21] <wrbtrader> Long Emini ES @ 3772.75 -> small size
[15:37:31] <wrbtrader> 1 contract
[15:37:41] <wrbtrader> poor entry
[15:38:22] <wrbtrader> Exited Emini ES Long @ 3770.25 --> - 2.5
[15:38:44] <wrbtrader> back at the trade signal price :(
[15:39:06] <wrbtrader> Shorts Emini ES @ 3768.25 -> small size
[15:39:14] <wrbtrader> 1 contract
[15:39:45] <wrbtrader> Covered Emini ES Short @ 3768.50 --> - 0.25
[15:40:33] <wrbtrader> fast chop...two quick losses...couldn't react fast enough
[15:40:53] <wrbtrader> Long Emini ES @ 3770.25 -> small size
[15:41:05] <wrbtrader> 1 contract
[15:43:03] <wrbtrader> Exited Emini ES Long @ 3772.00 --> + 1.75
[15:43:11] <wrbtrader> trail stop picked
[15:44:01] <wrbtrader> Shorts Emini ES @ 3770.00 -> small size
[15:44:11] <wrbtrader> choppy fast price action
[15:44:18] <wrbtrader> 1 contract
[15:44:42] <wrbtrader> Covered Emini ES Short @ 3770.50 --> - 0.5
[15:45:57] <wrbtrader> Long Emini ES @ 3770.00 -> small size
[15:45:59] <wrbtrader> 3 contracts
[15:47:34] <wrbtrader> Exited all Emini ES Long @ 3770.75 --> + 0.75
[15:47:39] <wrbtrader> geeesh
[15:47:44] <wrbtrader> psycho price action
[15:48:18] <wrbtrader> early exit
[15:48:23] <wrbtrader> not a WRB pt1
[15:48:42] <wrbtrader> Shorts Emini ES @ 3769.25 -> small size
[15:48:49] <wrbtrader> 3 contracts
[15:49:13] <wrbtrader> Covered all Emini ES Short @ 3770.75 --> - 1.5
[15:50:23] <wrbtrader> Long Emini ES @ 3772.25 -> small size
[15:50:30] <wrbtrader> 3 contracts
[15:51:24] <wrbtrader> Exited all Emini ES Long @ 3773.50 --> + 1.25
[15:51:32] <wrbtrader> small WRB pt1 reached
[15:51:36] <wrbtrader> early exit
[15:52:16] <wrbtrader> Long Upper Shadow interval
[15:54:44] <wrbtrader> geeesh
[15:54:49] <wrbtrader> all over the place
[15:55:09] <wrbtrader> Shorts Emini ES @ 3772.00 -> small size
[15:55:17] <wrbtrader> 3 contracts
[15:55:44] <wrbtrader> Emini NQ back below the S area
[15:57:29] <wrbtrader> Covered all Emini ES Short @ 3769.50 --> + 2.5
[15:57:37] <wrbtrader> WRB pt1 reached
[15:58:09] <wrbtrader> Shorts Emini ES @ 3766.00 -> medium size
[15:58:17] <wrbtrader> 5 contracts
[15:59:22] <wrbtrader> Covered all Emini ES Short @ 3761.75 --> + 4.25
[15:59:36] <wrbtrader> WRB pt1 reached
[16:00:07] <wrbtrader> stole one there on that trade when the volatility continue after the 4pm est rush hour traffic
[16:02:02] <wrbtrader> Take care all, be safe out there and see all tomorrow
Session Close

Bloomberg Markets: The Close' Full Show (02/01/2020) @ https://www.bloomberg.com/news/videos/2021-02-02/the-close-digital-full-show-02-01-2021-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.

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 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)

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