##TheStrategyLab Price Action Chat Room Logs

#TheStrategyLab (formerly known as #FuturesTrades) is free along with being a serious professional trading chat room for traders using WRB Analysis by itself or merged with other trade methods to improve the performance of those other trade methods regardless if you're a position trader, swing trader or day trader. Therefore, you're welcome to use the chat room to post real-time trades, real-time price action analysis or market commentaries involving stocks, futures, exchange traded funds or forex currencies. In addition, we welcome all traders (beginners and experience) that are merging WRB Analysis with their trade methods or using WRB Analysis to develop a better understanding of the price action (market context) they're trading...improving their position size management and trade management after entry.

#TheStrategyLab is primarily designed to be only a trade journal for documentation purposes only so that members can have a real time stamp archive of their trades and their market commentaries of each trading day...giving them a better understanding of their broker statements from one trade to the next trade when they review their performance numbers on any given trading day in the past. Therefore, if you use our chat room...its highly recommended you post messages that reflect what you see in the price action on your monitors. Your diary (journal).

Also, if you want #TheStrategyLab chat room to be educational for you...please ask questions instead of lurking (not participating in conversations).


With that said, thanks for reading the trades, price action analysis or market commentaries that's below and we highly recommend you make reading of the logs a part of your trading routine because you will sometimes find useful market context information that's critical to understanding the price action you're trading. To log into #TheStrategyLab chat room...please follow the instructions here at the FTCHAT Support Forum @ http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5 or for registered members of the chat room at the TSL Support Forum @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164

Note: Registration is not allowed here at the FTCHAT Forum...it is allowed at the TSL Forum (link above) that provides support for the #TheStrategyLab chat room.


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

Chat logs saved (timestamp) from Québec, Canada in eastern daylight time

Session Start: Thu Nov 08 08:20:59 2012
Session Ident: #TheStrategyLab
[08:20:59] * Now talking in #TheStrategyLab
[08:20:59] * Topic is ' WRB Analysis Chat room only for traders using WRB Analysis (WRBs, WRB Hidden GAPs, WRB Zones) for day trading, swing trading or position trading.'
[08:20:59] * Set by X on Wed Oct 10 09:07:14
[08:32:17] <Tigerman> good morning all
[08:42:28] <@X> #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
[09:24:53] <+Tigerman> Shorts Light Crude Oil CL @ 84.89
[09:25:19] <+Tigerman> Covered all Light Crude Oil CL Short @ 84.79 --> + 0.1
[09:26:08] <+Tigerman> CL on creeper down move
[09:27:17] <+Tigerman> curiously in this fall after 9 am I have not seen large order on sell
[09:28:32] <+Tigerman> TF ready to open on similar level yesterday close
[09:28:53] <@wrbtrader> I'm watching that very closely
[09:30:15] <YmUbGbl> SS GBL 142.85 p65% 4hr
[09:39:30] <+Tigerman> only thing I see now is gold try rise his head
[09:42:32] <@wrbtrader> Reminder from Yesterday: There's a low volatility tight trading range causing trade problems between 803.80 - 802.10
[09:42:43] <@wrbtrader> I myself will not trade in this price area.
[09:43:02] <@wrbtrader> Thus, I will only looking for trade opportunities above or below that price area
[09:44:54] <+Tigerman> price try to break that area in upper zone
[09:45:14] <+Tigerman> mat at 804 TF
[09:45:18] <+Tigerman> max
[09:46:11] <Sennn> Eurex is today lagging
[09:46:29] <+Sennn> comparing to ES
[09:49:10] <+YmUbGbl> Bybak GBL 71+14
[09:50:45] <@wrbtrader> Eurex DAX has been stuck inside a major tight trading range for about 8 - 9 weeks
[09:51:17] <werner> all
[09:54:46] <+Sennn> sim short ES 1395.75
[09:54:50] <+YmUbGbl> (bot UB 165'04>08 out)
[09:56:44] <+Tigerman> contracting price in TF
[09:57:39] <@wrbtrader> Long Emini TF @ 804.20 -> medium size
[09:57:49] <@wrbtrader> 4 contracts
[09:58:01] <+Sennn> out ES 1395.75
[09:58:02] <@wrbtrader> Creeper Movement still active
[09:59:03] <@wrbtrader> Exited all Emini TF Long @ 804.10 --> - 0.1
[10:27:28] <@X> #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
[10:48:09] <@wrbtrader> Shorts Emini TF @ 801.60 -> medium size
[10:48:17] <@wrbtrader> 4 contracts
[10:50:21] <@wrbtrader> Covered all Emini TF Short @ 800.60 --> + 1
[11:03:18] <@wrbtrader> Low volatility tight trading range...
[11:03:53] <@wrbtrader> Markets so far have been acting like its "exhausted" by all the key events that occurred to past few days.
[11:14:08] <@wrbtrader> U.S. stock erase gains on Greek concerns (MarketWatch) @ http://www.marketwatch.com/story/us-sto ... atest_news
[11:57:29] <@X> #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
[12:16:25] <+Tigerman> price moving but in tight range
[12:16:38] <+Tigerman> plus lunch time better eat
[12:17:58] <canaandog> I managed 24 ticks out of CL at their lunchtime
[12:19:30] <+canaandog> not much of a day, otherwise
[13:42:29] <@X> #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
[14:10:54] <@wrbtrader> Long Light Crude Oil CL @ 85.06 -> medium size
[14:11:44] <@wrbtrader> sneaky Creeper Up Movement
[14:12:02] <@wrbtrader> 4 contracts
[14:12:36] <@wrbtrader> Exited all Light Crude Oil CL Long @ 85.26 --> + 0.2
[14:12:51] <@wrbtrader> not a WRB pt level
[14:14:13] <@wrbtrader> Meant...I exited above the reaction point of 1256pm est thats also "inside" the range of the WRB Zone @ 1210pm - 1212pm est (2min chart)
[14:14:36] <@wrbtrader> That WRB Zone was a key change in supply/demand...
[14:15:19] <@wrbtrader> Thus, my exit is an "advance WRB pt level" and not a "basic WRB pt level".
[14:17:10] <@wrbtrader> glad I caught something after a 2 hour break from trading
[14:35:07] <@wrbtrader> Usually I don't have time to post charts during the trading session (too much of a distraction for me) in comparison to just typing quick messages in here or on twitter/stocktwits.
[14:37:35] <@wrbtrader> Yet, here's a chart of that Light Crude Oil CL futures trade I did that shows the WRB Zones I'm using right now on CL futures @ http://stocktwits.com/message/10443778
[14:39:21] <@wrbtrader> The shown WRB Zones are still OPEN for use.
[14:39:36] <@wrbtrader> Thus, I didn't bother to highlight any WRB Zones that have been filled.
[14:40:46] <@wrbtrader> There's another WRB Zone still open (not highlighted) and that's the signal interval that closed @ 1408pm est via the 2min chart
[14:41:19] <@wrbtrader> Therefore, there's really three (not two) open WRB Zones on that chart
[14:41:21] <+canaandog> I noticed those when you traded-- good to have your thinking as well.
[14:41:36] <@wrbtrader>
[14:42:56] <+Tigerman> great nice chart
[14:44:27] <+Tigerman> gold made a new high x today
[15:12:30] <@X> #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
[15:48:58] <+Tigerman> few minutes to regular close
[15:50:03] <@wrbtrader> Shorts Emini TF @ 792.80 -> small size
[15:50:20] <@wrbtrader> 2 contracts
[15:51:02] <+Tigerman> Shorts Light Crude Oil CL @ 792.7
[15:51:07] <+Tigerman> intuition
[15:51:18] <+Tigerman> I mean TF
[15:52:15] <@wrbtrader> a lot of fight now
[15:54:30] <+Tigerman> Covered all Light Crude Oil CL Short @ 793 --> - 0.3
[15:57:01] <+Tigerman> Shorts Light Crude Oil CL @ 793.1
[15:57:25] <+Tigerman> alway a TF trade
[15:57:32] <@wrbtrader> WRB pt1 reached
[15:58:12] <@wrbtrader> Covered all Emini TF Short @ 791.80 --> + 1
[15:58:42] <+werner> gn all
[15:59:11] <+Tigerman> Covered all Light Crude Oil CL Short @ 791.9 --> + 1.2
[16:01:26] <@wrbtrader> Shorts Emini TF @ 791.30 -> small size
[16:01:38] <@wrbtrader> 1 contract
[16:01:58] <@wrbtrader> re-entry into the 4pm est continuation price action
[16:05:01] <@wrbtrader> Covered Emini TF Short @ 790.60 --> + 0.7
[16:05:18] <@wrbtrader> strange to see Forex EurUsd currency moving now
[16:05:30] <@wrbtrader> it spooked me out of my Short position
[16:22:48] <+Tigerman> take care all see next time

-------------------------

#TheStrategyLab 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 chat room nor do you need to be a price action only 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

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

ICE Emini TF Futures (formerly CME ER2)

CBOT mini-sized Dow Futures YM

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 and Usd/Cad

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 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

Also, to prevent the usual mix-up about our different chat rooms, most of our fee-base clients do not use chat rooms just like most retail traders do not use chat rooms. Yet, the few clients that do use chat rooms, our fee-base clients are discussing market analysis or price action only trade signals via concepts from our strategies in the private chat rooms called #VolatilityTradingTSL or #SwingTradingTSL and they're not allowed to do such in #TheStrategyLab.

Reminder, our Terms of Use (TOU) Policy is a must read to prevent any misunderstandings along with revealing that #TheStrategyLab is a serious professional 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, offending or too far in the off topic area that's a distraction when the commentary was posted.

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/wide range bar analysis)
Price Action Trading (no technical indicators)
@ http://twitter.com/wrbtrader or http://stocktwits.com/wrbtrader

Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
intradaystrategies@yahoo.com
questions@thestrategylab.com
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