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 CME Group Trade Against A Pro Futures Challenge:
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=360&t=4038 TheStrategyLab Reviews:
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167 &
http://www.thestrategylab.com/thestrategylab-reviews.htm Skype: kebec2002
Business Hours: 8am - 5pm est (Mon - Fri)
wrbanalysis@gmail.com (24/7)
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Twitter Search Hashtags: #PriceAction, #ES_F, #YM_F, #NQ_F, #volatility, #emini, #futures, #fomc, #VIX, #thestrategylab, #wrbanalysis, #wrbzone #wrbhiddengap #EconomicCalendar #SPY, #SP500, #MicroEmini, #cmegroup #trading, #daytrading, #swingtrading
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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 Libera 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, experienced, 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.
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 me) 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 Attachment:
122821-TheStrategyLab-Key-Markets.png [ 6.78 MiB | Viewed 89 times ]
click on the above image to view today's price action of key markets Bloomberg Markets: The Open Full Show (12/28/2021)
@ https://www.bloomberg.com/news/videos/2021-12-28/the-open-full-show-12-28-2021-video[09:06:42] * Now talking in #TheStrategyLab
[09:23:48] <werner1>
[09:35:29] <werner1> Shorts Emini NQ @ 16566
[09:36:31] <werner1> Covered all Emini NQ Short @ 16545.00 --> + 21[09:37:12] <werner1> @wrb pt1nq weak
[09:37:22] <werner1> nq weak
[09:37:38] <TigerBoy_>
all
[09:37:45] <werner1>
[09:37:48] <TigerBoy_> hi
[09:37:58] <TigerBoy_> it will be a very short seesion x me
[09:38:04] <TigerBoy_> too many things to fix
[09:38:11] <werner1> ok
[09:38:34] <TigerBoy_> plus market too erratic and prices away from key areas
[09:39:27] <werner1> Shorts Emini NQ @ 16538
[09:39:39] <werner1> Covered all Emini NQ Short @ 16531.75 --> + 6.25[09:40:20] <@wrbtrader> Good morning...
[09:40:25] <werner1>
[09:40:29] <TigerBoy_> hi
[09:40:46] <TigerBoy_> btw holiday in Canada today
[09:43:16] <@wrbtrader> Big Boxing Day in some provinces
[09:44:59] <@wrbtrader> VIX @ 18.01
[09:45:15] <@wrbtrader> I think the FTSE 100 futures is sill on holiday
[09:45:30] <@wrbtrader> I have no data for it since Christmas
[09:46:40] <werner1> Long Emini NQ @ 16566.75
[09:46:53] <werner1> Exited all Emini NQ Long @ 16572.75 --> + 6[09:48:22] <werner1> Shorts Emini NQ @ 16551
[09:48:36] <werner1> Covered all Emini NQ Short @ 16545 --> + 6[09:55:00] <TigerBoy_> YM is the strongest today
[09:55:21] <TigerBoy_> regardless unless a clear signal show up I ll call it quit
[09:55:37] <@wrbtrader> Long Emini ES @ 4793.75 -> small size
[09:55:44] <@wrbtrader> 2 contracts
[09:55:46] <@wrbtrader> intuition
[09:57:10] <@wrbtrader> Exited all Emini ES Long @ 4795.00 --> + 1.25
[09:57:19] <@wrbtrader> early exit
[09:57:24] <@wrbtrader> not a wRB pt1
[10:07:56] <werner1> mm
[10:09:25] <werner1> mist this one compleet
[10:10:11] <@wrbtrader> Shorts Emini ES @ 4784.75 -> small size
[10:10:18] <@wrbtrader> 2 contracts
[10:10:19] <@wrbtrader> chasing
[10:10:58] <@wrbtrader> Covered all Emini ES Short @ 4786.75 --> - 2
[10:11:19] <@wrbtrader> bouncing around from Opening price now
[10:13:51] <@wrbtrader> Shorts Emini ES @ 4789.25 -> small size
[10:13:55] <@wrbtrader> 3 contracts
[10:14:01] <@wrbtrader> intuition
[10:14:14] <@wrbtrader> still bouncing around
[10:20:07] <werner1> Shorts Emini NQ @ 16508
[10:20:34] <werner1> Covered all Emini NQ Short @ 16495 --> + 13[10:20:51] <werner1> @wrb pt1
[10:21:09] <werner1> djeez
[10:21:40] <@wrbtrader> Covered all Emini ES Short @ 4787.00 --> + 2.25[10:23:15] <@wrbtrader> Shorts Emini ES @ 4787.75 -> small size
[10:23:31] <@wrbtrader> 2 contracts re-entry
[10:23:52] <@wrbtrader> Covered all Emini ES Short @ 4788.25 --> - 0.5
[10:27:16] <werner1> Long Emini NQ @ 16539.25
[10:27:38] <werner1> Exited all Emini NQ Long @ 1651.50 --> - 14887.75
[10:28:02] <werner1> Exited all Emini NQ Long @ 16541.50 --> + 2.25[10:28:14] <werner1> @wrb pt1
[10:28:19] <@wrbtrader> TradeStation to go IPO on the NYSE with the symbol TRDE
[10:28:54] <werner1> ok tx
[10:29:30] <@wrbtrader> I think the timing is horrible for a data vendor like that to go IPO unless they need money because they can only raise their vendor fees up so much
[10:31:24] <@wrbtrader> The strange aspect...they were already a publicly traded company on the Nasdaq exchange as TRAD
[10:31:51] <werner1> indd
[10:41:08] <@wrbtrader> Shorts Emini ES @ 4791.00 -> small size
[10:41:14] <@wrbtrader> 2 contracts intuition
[10:41:27] <@wrbtrader> early entry
[10:41:53] <@wrbtrader>
[10:42:01] <werner1> mm
[10:42:22] <werner1> nice
[10:42:43] <werner1> wrb
[10:47:02] <@wrbtrader> Covered all Emini ES Short @ 4789.50 --> + 1.5
[10:47:15] <@wrbtrader> should have dropped like a hot potatoe
[10:47:21] <@wrbtrader> trail stop picked
[10:48:05] <werner1>
you dit not take the big wrb
[10:48:48] <@wrbtrader> It had the volatility to go much lower...it suddenly dried up and the WRB pt1 turned into a Long Lower Shadow interval...
[10:49:16] <@wrbtrader> still looked like it can roll over southward again because that Long Lower Shadow interval was a Dark interval
[10:49:55] <@wrbtrader> I thought for sure the price action would travel down the range of that Long Lower Shadow dark interval...it didn't...it used it as a support
[10:51:18] <werner1> yep ...the market issss
[10:54:08] <werner1> Shorts Emini NQ @ 16545.00
[10:54:32] <werner1> Covered all Emini NQ Short @ 16546.00 --> - 1
[10:56:38] <TigerBoy_> OK I exit now
[10:57:08] <werner1> ok tc
[10:57:10] <TigerBoy_> take care all ... not sure if I ll trade in next days so to be sure ....
[10:58:17] <werner1> Shorts Emini NQ @ 16547
[10:58:46] <TigerBoy_> HAPPY NEW YEAR to everybody here
[10:58:57] <werner1> dito
[11:00:57] <werner1> Covered all Emini NQ Short @ 16550 --> - 3
[11:01:27] * TigerBoy_ (~TigerBoy@host-95-232-37-142.retail.telecomitalia.it) Quit (Quit: ~ Trillian -
http://www.trillian.im ~)
[11:02:41] <werner1> Long Emini NQ @ 16560
[11:02:48] <werner1> intuition
[11:05:18] <werner1> mm pt1 here
[11:06:28] <werner1> Exited all Emini NQ Long @ 16560 --> 0
[11:08:48] <werner1> Long Emini NQ @ 16550
[11:09:43] <werner1> Exited all Emini NQ Long @ 16550 --> 0
[11:11:09] <werner1> what a mess
[11:13:15] <werner1> Shorts Emini NQ @ 16542
[11:16:15] <werner1> Covered all Emini NQ Short @ 16527 --> + 15[11:16:31] <werner1> @wrbpt1
[11:16:39] <werner1> pff
[11:17:19] <@wrbtrader> Shorts Emini ES @ 4786.25 -> small size
[11:17:28] <@wrbtrader> S area broken of the most recent contracting volatility
[11:18:05] <@wrbtrader> wanted a 4787.00 short
[11:18:20] <werner1> nq sup @515 i think
[11:18:49] <werner1> es here key imo
[11:22:02] <@wrbtrader> Covered all Emini ES Short @ 4787.50 --> - 1.25
[11:22:51] <werner1> Shorts Emini NQ @ 16534
[11:24:01] <werner1> Covered all Emini NQ Short @ 16517 --> + 17[11:24:31] <werner1> wrb pt1 and515 level
[11:29:39] <@wrbtrader> Shorts Emini ES @ 4786.00 -> small size
[11:29:49] <@wrbtrader> 2 contracts
[11:31:00] <@wrbtrader> choatic bouncing around...most I've seen all day so far
[11:31:48] <werner1> yeah
[11:32:13] <@wrbtrader> Covered all Emini ES Short @ 4783.75 --> + 2.25 [11:32:20] <@wrbtrader> early exit
[11:32:26] <@wrbtrader> not a WRB pt1
[11:38:19] <werner1> must go
..take care ...cya
[11:42:24] <@wrbtrader> Ok...take care
[11:42:33] <@wrbtrader> I may call it quits early too myself
[11:43:06] <@wrbtrader> Will give it another try to for 1 - 2 more trades to try to catch a +10 point move
[11:47:24] <werner1> good luck
[11:53:06] <@wrbtrader> Long Emini ES @ 4789.50 -> small size
[11:53:19] <@wrbtrader> 2 contracts
[11:53:23] <@wrbtrader> intuition trade
[11:53:55] <@wrbtrader> poor entry
[12:01:57] <@wrbtrader> Exited all Emini ES Long @ 4790.50 --> + 1
[14:02:22] <@wrbtrader> Shorts Emini ES @ 4778.50 -> small size
[14:02:36] <@wrbtrader> 1+1 contracts
-
[14:10:37] * Now talking in #TheStrategyLab
[14:28:12] <@wrbtrader> Covered all Emini ES Short @ 4776.00 --> + 2.5 [15:15:34] <@wrbtrader> VIX @ 17.78
[15:19:54] <@wrbtrader> I'm calling it quits right here...take care and see you tomorrow.
