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)
Twitter @
http://twitter.com/wrbtrader (24/7)
Twitter Search Hashtags: #PriceAction, #ES_F, #YM_F, #NQ_F, #volatility, #emini, #futures, #fomc, #VIX, #thestrategylab, #wrbanalysis, #wrbzone #keywrbzone #wrbhiddengap #EconomicCalendar #SPY, #SP500, #MicroEmini, #cmegroup #trading, #daytrading, #swingtrading
Stocktwits @
http://stocktwits.com/wrbtrader (24/7)
TradingView @
https://www.tradingview.com/u/wrbtrader (24/7)
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 merged with WRB Analysis via you posting your trade fills and/or you talking about 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).
Quote:
At the minimum, you must be using the WRB Analysis Free Study Guide. In fact, you must verify your understanding and application of WRB Analysis in your trading prior to being allowed entry into the free chat room...no exceptions.
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 / replicate 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.
Quote:
Yet, be aware that many traders (including me) are posting our redacted screenshots of timestamp trade fills in broker trade execution platform and quantitative statistical analysis of the trade performance via WRB Analysis in the private thread section at the forum. I use the redacted screenshots of timestamp trade fills and their charts to verify if a trader is correctly using WRB Analysis...this is critical 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:
030222-TheStrategyLab-Key-Markets.png [ 7.05 MiB | Viewed 525 times ]
click on the above image to view today's price action of key markets Bloomberg Markets: The Open Full Show (03/02/2022)
@ https://www.bloomberg.com/news/videos/2022-03-02/-bloomberg-the-open-full-show-03-02-2022-video [09:30:33] * Now talking in #ThestrategyLab
[09:34:31] <@wrbtrader> Good morning...
[09:34:40] <@wrbtrader> VIX @ 33.52
[09:35:18] <@wrbtrader> Shorts Emini ES @ 4324.00 -> small size
[09:35:25] <@wrbtrader> 2 contracts
[09:36:04] <TigerBoy_>
all
[09:36:29] <@wrbtrader> Covered all Emini ES Short @ 4323.75 --> + 0.25
[09:36:35] <@wrbtrader> bailed
[09:36:43] <TigerBoy_> slow action low volumes
[09:36:49] <@wrbtrader> crazy bouncing around price action showed up
[09:37:20] <TigerBoy_> bouncing inside contracting area
[09:39:10] <@wrbtrader> I have never understood countries that get all the EARLY WARNINGS to leave key cities that will be targets during a pending WAR...
[09:39:18] <@wrbtrader> weeks ahead of time...
[09:39:42] <@wrbtrader> People still wait until the WAR begins to start to evacuate in the masses
[09:40:31] <@wrbtrader> It's been a common flaw about WAR since the 1918 World War I
[09:41:09] <@wrbtrader> People not willing to leave the targeted cities until they literally hear bombs exploding nearby
[09:42:00] <@wrbtrader> Its that mass exodus at the same time is how economies de-stabilize
[09:48:02] <@wrbtrader> KMEs @ 1000am, 1030am and the 2pm Beige Book
[09:48:46] <@wrbtrader> Long Emini ES @ 4348.50 -> small size
[09:48:57] <@wrbtrader> 1 contract
[09:49:05] <@wrbtrader> chasing
[09:49:24] <@wrbtrader> Exited Emini ES Long @ 4346.50 --> - 2
[09:50:11] <@wrbtrader> Long Emini ES @ 4346.25 -> small size
[09:50:24] <@wrbtrader> 1 contract still chasing
[09:51:21] <@wrbtrader> Exited Emini ES Long @ 4346.50 --> + 0.25
[09:51:26] <@wrbtrader> bailed
[09:52:09] <TigerBoy_> still tricky action all inside a KEY area in RTY
[09:54:43] <@wrbtrader> CME Group Alert: MARKET EVENT
[09:54:43] <@wrbtrader> E-mini S&P 500 trades up 1% from its previous close
[09:54:44] <@wrbtrader> 5 hours after E-mini S&P 500 trades up 1% from its previous close has shown the most consistent results
[09:54:44] <@wrbtrader> On Mar 02, 08:47 AM, E-mini S&P 500 price increased 1% from its previous close. This has occured 38 times over the last 12 months.
[09:54:44] <@wrbtrader> 68% (26 out of these 38 times), the price has increased 5 hours later by an average of 18.14 points. The maximum price increase has been 57.75 points.
[09:54:44] <@wrbtrader> 12 times out of 38, the price has decreased 5 hours later by an average of 15.79 points. The maximum decrease in price has been 56.0 points.
[09:55:19] <@wrbtrader> FED Chair just stated that "Interest Rate Hike Coming Later This Month"
[10:00:22] <@wrbtrader> VIX @ 32.14
[10:02:32] <@wrbtrader> Long Emini ES @ 4343.50 -> small size
[10:02:35] <@wrbtrader> 2 contracts
[10:03:41] <@wrbtrader> Exited all Emini ES Long @ 4347.75 --> + 4.25 [10:03:47] <@wrbtrader> bailed
[10:03:56] <@wrbtrader> not a WRB pt1
[10:04:30] <TigerBoy_> lot of fast run up/ down
[10:04:38] <TigerBoy_> not easy manage x me
[10:12:09] <TigerBoy_> RTY broken S of its KEY area
[10:12:48] <TigerBoy_> interest rate hike in CAD and maybe in US caused a sell off right now
[10:49:32] <@wrbtrader> Long Emini ES @ 4350.25 -> small size
[10:49:41] <@wrbtrader> 1 contract intuition
[10:50:09] <@wrbtrader> Exited Emini ES Long @ 4352.00 --> + 1.75
[10:50:15] <@wrbtrader> punks
[10:50:44] <@wrbtrader> trail stop picked aalthough not surprising in this psychotic bouncing around price action
[11:05:12] <TigerBoy_> LG mNQ 14084.25
[11:05:38] <TigerBoy_> exit 1/2 @ 14085.25 +1
[11:09:00] <TigerBoy_> exit all mNQ @ 14126 +41.75[11:09:29] <TigerBoy_> NQnow around 14165
[11:09:48] <TigerBoy_> entry via rebounf from S of oits KEY area
[11:30:00] <@wrbtrader> Emini YM retesting a prior S area of a Key KME WRB Zone
[11:30:20] <@wrbtrader> Long Emini ES @ 4372.50 -> medium size
[11:30:33] <@wrbtrader> 4 contracts
[11:31:41] <@wrbtrader> Exited all Emini ES Long @ 4382.50 --> + 10 [11:32:28] <@wrbtrader> I could have held that trade longer because the volatility is there to try to push it higher
[11:32:38] <@wrbtrader> Thus, trade an early exit
[11:38:29] <@wrbtrader> VIX declining...now @ 31.31
[11:44:17] <@wrbtrader> volatility now contracting
[11:44:49] <@wrbtrader> Shorts Emini ES @ 4368.25 -> small size
[11:44:58] <@wrbtrader> 2 contracts
[11:45:01] <@wrbtrader> chasing
[11:45:34] <@wrbtrader> Covered all Emini ES Short @ 4370.00 --> - 1.75
[11:45:43] <@wrbtrader>
[11:46:28] <TigerBoy_> price now sell off after hit another S of KEY area in ES
[11:47:03] <@wrbtrader> Shorts Emini ES @ 4371.50 -> small size
[11:47:16] <@wrbtrader> 2 contracts
[11:47:47] <@wrbtrader> Covered all Emini ES Short @ 4373.25 --> - 1.75
[11:48:44] <@wrbtrader> I'm now expecting a volatility spike because of the "too much" contracting volatility
[11:49:08] <@wrbtrader> Shorts Emini ES @ 4370.50 -> small size
[11:49:27] <@wrbtrader> 2 contracts intuition
[11:51:09] <@wrbtrader> geeesh
[11:52:47] <@wrbtrader> Covered all Emini ES Short @ 4371.25 --> - 0.75
[11:53:24] <@wrbtrader> still contracting but trying to go higher
[11:53:54] <@wrbtrader> maybe to take another crack at that S area of the Key KME WRB Zone that's sitting above
[12:21:20] <TigerBoy_> ok I exit here take care wrbtrader see you next time
[12:25:25] <@wrbtrader> Shorts Emini ES @ 4375.50 -> small size
[12:25:32] <@wrbtrader> 2 contracts
[12:26:55] <@wrbtrader> Covered all Emini ES Short @ 4370.00 --> + 5.5 [12:27:07] <@wrbtrader> bailed...not a WRB pt1
[12:31:26] <@wrbtrader> Long Emini ES @ 4379.25 -> medium size
[12:31:29] <@wrbtrader> 4 contracts
[12:32:07] <@wrbtrader> Emini YM now back above the S area of the Key KME WRB Zone...lets see if it will stay there
[12:37:28] <@wrbtrader> Exited all Emini ES Long @ 4382.25 --> + 3 [12:37:44] <@wrbtrader> bailed...not a WRB pt1
[12:39:41] <@wrbtrader> now Emini ES is nearing its own S area of a Key KME WRB Zone
[12:48:35] <@wrbtrader> Long Emini ES @ 4380.50 -> medium size
[12:48:46] <@wrbtrader> 2+2 contracts
[12:48:49] <@wrbtrader> poor entry
[12:49:47] <@wrbtrader> Exited all Emini ES Long @ 4381.75 --> + 1.25
[12:49:59] <@wrbtrader> early exit
[12:50:03] <@wrbtrader> going to lunch
[12:50:19] <@wrbtrader> be back later for the 2pm est Beige Book market reaction
[13:56:10] <@wrbtrader> Long Emini ES @ 4392.00 -> small size
[13:56:16] <@wrbtrader> 2 contract
[14:00:43] <@wrbtrader> Exited all Emini ES Long @ 4389.50 --> - 2.5
[14:01:46] <@wrbtrader> Long Emini ES @ 4391.00 -> small size
[14:02:00] <@wrbtrader> 2 contract re entry
[14:04:32] <@wrbtrader> Exited all Emini ES Long @ 4394.00 --> + 3 [15:50:42] <@wrbtrader> price action still crazy
[15:51:12] <@wrbtrader> Shorts Emini ES @ 4394.00 -> small size
[15:51:23] <@wrbtrader> 2 contracts
[15:52:11] <@wrbtrader> VIX tight trading range bound in the 30.00 price area
[15:54:50] <@wrbtrader> Covered all Emini ES Short @ 4392.75 --> + 1.25
[15:54:56] <@wrbtrader> geeesh
[15:55:18] <@wrbtrader> Shorts Emini ES @ 4390.00 -> small size
[15:55:29] <@wrbtrader> 3 contracts
[15:59:41] <@wrbtrader> geeesh
[15:59:52] <@wrbtrader> bouncing all over
[16:01:57] <@wrbtrader> Covered all Emini ES Short @ 4378.75 --> + 11.25 [16:02:10] <@wrbtrader> lucky trade
[16:02:31] <@wrbtrader> almost bailed out for a lost after I enter the trade
[16:03:04] <@wrbtrader> Then I almost dumped it for a small profit of +1.50 profit when it was bouncing around
[16:03:38] <@wrbtrader> not sure why I decided to hold on to it...maybe I was hoping to catch a down move going into the 4pm est rush hour traffic
[16:03:45] <@wrbtrader> Take care and see you tomorrow
Session Close
Bloomberg Markets: The Close' Full Show (03/02/2022)
@ https://www.bloomberg.com/news/videos/2022-03-03/the-close-full-show-3-2-2022-video @ wrbtrader @ Frequently Asked Questions @ What is WRB Analysis @ Risk Warnings @ Terms of Use PolicyHashtag Keywords: #wrbanalysis, #wrbzone #keywrbzone #wrbhiddengap
-----------------------
##TheStrategyLab (located on the Libera 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.
The only requirement is that you've
verified you've learned (understood) / applying the
WRB Analysis Free Study Guide in your trading.
Therefore, we welcome
all traders that want to learn/use
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.
Quote:
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. It's a flawed approach to trading and it's 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 encouraged to ask questions about any trades or market commentaries that are posted by others because sometimes the answers contain 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 maintained 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 the 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.htmNote: 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.htmTheStrategyLab Price Action Trading
@ http://twitter.com/wrbtrader @ http://stocktwits.com/wrbtrader @ https://www.tradingview.com/u/wrbtraderPhone: +1 224 307-4434
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
wrbanalysis@gmail.com (24/7)