##TheStrategyLab Price Action Chat Room Logs

Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
Free Chat Room: http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164
Business Hours: 8am - 5pm est (Mon - Fri)
wrbanalysis@gmail.com (24/7)
http://twitter.com/wrbtrader (24/7)

##TheStrategyLab (located on the Freenode IRC network) is free along with being a serious professional trading chat room for traders using WRB Analysis (e.g. Contracting Volatility, WRBs, WRB Hidden GAPs, WRB Zone, WRB/WRB Hidden GAP profit targets, Key Market Events, Reaction Highs/Lows, Expanding Volatility, WRB Zone, R area of WRB Zone, S area of WRB Zone) 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 ask questions about WRB Analysis, post real-time price action trading analysis involving WRB Analysis merged with your own trade methods, post real-time trades or talk about general market issues impacting today's price action involving stocks, futures, exchange traded funds or forex currencies. 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.

##TheStrategyLab chat room is is primarily designed for you to use as a trade journal of your WRB Analysis or real-time trades with time stamp archive....giving you a better understanding of your broker statements from one trade to the next trade when you review your 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 so that the chat room becomes your diary to correlate with your broker statements. Therefore, the usefulness of ##TheStrategyLab chat room is determined via your participation in the chat room.

Also, ##TheStrategyLab chat room is not designed to be educational. Simply, members using the chat room are not there to teach you how to trade and you will not see me discussing the reasons (strategies) behind my trades within ##TheStrategyLab chat room because those reasons (strategies) are only discussed with fee-base clients in a different chat room. Yet, if you want ##TheStrategyLab chat room to be educational or more active in discussing whatever it is that you're trading, we highly recommend that you ask trading related questions about your own trading instead of lurking (not saying anything) because your primary purpose is to improve your trading if you're a struggling trader. Therefore, don't join ##TheStrategyLab and then be silent. To be silent while using ##TheStrategyLab chat room, you'll be wasting a collaboration opportunity for improving your trading and doing such will make ##TheStrategyLab chat room useless to you.


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 price action trading. To qualify for access to our free ##TheStrategyLab 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

##TheStrategyLab Archive Chat Logs


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

Session Start: Wed Mar 30 09:29:26 2016
Session Ident: ##TheStrategyLab
[09:29:26] * Now talking in ##TheStrategyLab
[09:29:26] * Topic is 'Chat room for traders that are using concepts from WRB Analysis to help improve their entry signals, initial stop/loss management, profitable trail stops or profit targets. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... 119&t=718'
[09:29:26] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:29:27] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:29:58] <Tigerman_____> all
[09:32:12] <Tigerman_____> Big gap today
[09:32:13] <patrader> good morning
[09:32:53] <Tigerman_____> I fear that milk out juice from today action
[09:32:58] <wrbtrader> Shorts Emini ES @ 2056.75 -> large size
[09:33:06] <wrbtrader> 25 contracts
[09:33:11] <wrbtrader> intuition
[09:35:48] <Cayden> keep the reg ses target bgap fill of 47.5 in mind- in the back of the mind- :-)
[09:36:39] <wrbtrader> Covered all Emini ES Short @ 2057.50 --> - 0.75
[09:39:48] <Sharif___> short es @ 2058.75
[09:40:01] <Sharif___> nvm, stopped out w/ -1.25
[09:43:17] <wrbtrader> Long Emini ES @ 2059.75 -> large size
[09:43:32] <wrbtrader> 25 contracts
[09:45:18] <kadtje> hi all
[09:46:08] <wrbtrader> Exited Emini ES Long @ 2062.00 --> + 2.25
[09:46:13] <wrbtrader> Holding 10 contracts remainder
[09:46:45] <wrbtrader> WRB pt1 reached but the target was a WRB pt2
[09:47:28] <wrbtrader> WRB pt1 was @ 2061.50
[09:54:19] <wrbtrader> Exited Remainder Emini ES Long @ 2062.00 --> + 2.25
[09:55:14] <Cayden> Market had so much fun yesterday with Yellen speak- might wonder if the market is sitting at the edge of its seat again in anticipation of the oil KME in 34 minutes
[10:02:35] <Cayden> es mini price is looking at support at 2060.00 made by recent wrbhg on a 2
[10:03:20] <Cayden> a move below that with heat could spark a short interest- dont see the heat though
[10:11:48] <efloortrader7> LONG ZB @ 63-06 1 lot
[10:12:05] <efloortrader7> Swing Trade
[10:16:39] <Cayden> Oil KME in 13 minutes
[10:22:54] <Cayden> TF looking to the south
[10:24:39] <Cayden> ES working below and at recent up wrbhg
[10:32:31] <patrader> CL with a big move up following the KME
[10:34:12] <Senge> Long ES @ 2061.25
[10:34:56] <mtntrader___> Yes, but not dragging the indices up with it. The NQ, in particular, is showing total indifference.
[10:38:19] <Sharif___> short es @ 2062.25
[10:38:31] <wrbtrader> Long Emini ES @ 2062.50 -> large size
[10:38:45] <wrbtrader> 10 contracts
[10:39:28] <Sharif___> wrbtrader, you scared me with your entry
[10:39:33] <Sharif___> i got out with +.5
[10:39:58] <Sharif___> well, to be fair to you, i wasn't fully confident on my trade there, it's a bit unclear still
[10:43:57] <wrbtrader> Exited all Emini ES Long @ 2062.75 --> + 0.25
[10:47:31] <Senge> Exit ES @ 2061.75 +.5
[10:54:11] <Sharif___> sh es @ 2062.25\
[10:54:14] <Sharif___> retry
[10:55:13] <Cayden> sure be nice to keep it under 62.25 shaif
[10:55:26] <Sharif___> lets all pray
[10:55:29] <Sharif___> that it goes down
[10:59:00] <Sharif___> im about to get out, this is boring
[10:59:41] <Sharif___> out with +.25
[10:59:46] <Sharif___> it needed to take off
[10:59:51] <Sharif___> not this confusion
[10:59:54] <Cayden> yeah- this is wher you look for sideways chop suey
[11:00:24] <Sharif___> well, i tried.
[11:00:54] <Sharif___> but i'll say this, publicly, being in TheStrategyLab, has changed my trading game for the better. PERIOD.
[11:01:23] <mtntrader___> Good to hear, Sharif.
[11:01:23] <Sharif___> and made some friends through here, who are in this together, so it's a neat environment
[11:02:16] <Sharif___> wow look at that, right timing for me to get out, had it been before, my ego would've said, "it will come back in my favor....stay in"
[11:19:57] <wrbtrader> Shorts Emini ES @ 2059.00 -> large size
[11:20:10] <wrbtrader> 10 contracts
[11:22:16] <wrbtrader> Covered all Emini ES Short @ 2058.75 --> + 0.25
[11:22:37] <wrbtrader> sideline...will just watch awhile for a possible re-entry
[11:22:44] <wrbtrader> I didn't like my entry on that trade
[11:32:52] <Tigerman_____> sh spy 206.06
[11:33:30] <Tigerman_____> exit 2/3 203.03 +3t
[11:33:56] <Tigerman_____> exit all 203.06 +0
[11:35:31] <Tigerman_____> sh spy 206.08
[11:37:28] <Tigerman_____> short spy 206.09 add
[11:38:28] <Tigerman_____> exit 2/3 @ 206.93 +15tk
[11:40:07] <Cayden> SPX a long way away from its neighbors lows
[11:45:18] <wrbtrader> Shorts Emini ES @ 2055.75 -> large size
[11:45:27] <wrbtrader> 10 contracts
[11:46:45] <wrbtrader> Covered all Emini ES Short @ 2056.25 --> - 0.5
[11:46:51] <Cayden> Theory- from this monrns KME- the oil space in the S & P is holding this 'down' move up
[11:47:25] <Cayden> wait to see if the SPY or SPX gets a go on
[11:49:40] <Tigerman_____> exit all 206.07 +1tk
[11:50:14] <Tigerman_____> lg spy 202.12
[11:50:24] <Tigerman_____> 206.12
[11:52:29] <Tigerman_____> exit 2/3 @ 206.17 +5t
[11:54:50] <Cayden> would like to see some heat in a move below 56.5 for any SHORT continuation
[11:55:03] <Tigerman_____> exit all rem @ 206.17 +5t
[11:55:14] <Tigerman_____> too much contracting here
[12:13:24] <efloortrader7> ZB Swing Trade Looking a little better now
[12:17:24] <Tigerman_____> take care all see next time
[12:24:54] <Senge> spike down
[12:28:05] <Sharif___> long es @ 2056.25
[12:28:08] <Sharif___> early entry
[12:28:22] <Sharif___> should've waited to get in @2055.75
[12:30:18] <wrbtrader> Shorts Emini ES @ 2055.75 -> large size
[12:30:34] <wrbtrader> 10 contracts
[12:30:42] <wrbtrader> re-entry
[12:35:04] <Sharif___> b/e
[12:35:07] <Sharif___> exit
[12:37:55] <t4nppr> lack of patience all day
[12:38:53] <wrbtrader> Covered all Emini ES Short @ 2054.00 --> + 1.75
[12:38:56] <wrbtrader> WRB pt1 reached
[12:39:55] <Cayden> SPX looks like its beginning to sync up to the south
[12:41:58] <Cayden> Now need the RUT and TF to sync up
[13:17:45] <wrbtrader> WRB Analysis -> - Your use of this chat room implies you're using concepts from WRB Analysis for price action trading to help trade either Stocks, Emini Futures (EMD, TF, ES, NQ, YM), EuroFX 6E Futures, Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40, BUND), Treasury Futures (ZF, ZN, ZB), Oil Futures (Brent, CL, HO, QM), Gold GC Futures, Natural Gas NG Futures, Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY), Hang Seng HSI Futures, NIFTY Futures, Forex Currencies (GbpUsd, EurUsd, EurYen, UsdCad) and other key market price actions.
[13:33:02] <efloortrader7> ZB SWING EXIT PT1 63-24 +18 TICKS 1 lot
[13:34:19] <mtntrader___> Nice trade efloortrader7. You hung in there through some heat.
[13:40:49] <efloortrader7> Yeah it was quite hott! !
[14:05:05] <wrbtrader> Long Emini ES @ 2057.00 -> large size
[14:05:30] <wrbtrader> 10 contracts
[14:09:23] <wrbtrader> Exited all Emini ES Long @ 2057.25 --> + 0.25
[14:09:34] <wrbtrader>
[14:09:51] <wrbtrader> volatility tried to get going and then it just fizzled out
[14:28:53] <mtntrader___> Long ES 2056.00
[14:36:14] <mtntrader___> Covered half 2057.25, +1.25
[14:41:02] <mtntrader___> Out balance 2056.00, +0
[14:48:30] <mtntrader___> Long ES 2057.00
[14:50:41] <mtntrader___> Covered all at 2057.25, + .25
[15:08:49] <mtntrader___> Long ES 2059.25
[15:19:02] <mtntrader___> Covered half at 2059.00, -.25
[15:29:49] <mtntrader___> Covered balance 2060.25, +1
[15:30:18] <mtntrader___> No pt reached, but lost patience with the trade.
[15:40:20] <mtntrader___> Long ES 2058.25
[15:41:34] <mtntrader___> Covered all 2057.75, - .5
Session Close: Thu Mar 31 00:00:01 2016

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

##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 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

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, 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 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 ##WRB_Analysis 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 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, 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
@ http://twitter.com/wrbtrader or http://stocktwits.com/wrbtrader

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