TheStrategyLab Price Action Trading (no technical indicators)
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M.A. Perry a.k.a. wrbtrader (more info about me):
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##TheStrategyLab primary purpose is for
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trade journal of
your trades via you posting WRB Analysis of the price action you see on
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nor post real-time trades...the free chat room will be a waste of your time and you will increase the odds of
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The 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 the free 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
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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 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
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@ http://www.thestrategylab.com/Disclaimer.htmAttachment:
073019-TheStrategyLab-Chat-Room-Key-Markets.png [ 4.36 MiB | Viewed 238 times ]
click on the above image to view today's price action of key markets Bloomberg Markets: The Open Full Show (7/30/2019)
@ https://www.bloomberg.com/news/videos/2019-07-30/-bloomberg-markets-the-open-full-show-07-30-2019-video[09:24:59] * Now talking in ##TheStrategyLab
[09:25:00] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:39:16] <wrbtrader> Shorts Emini ES @ 3008.00 -> small size
[09:39:19] <wrbtrader> 3 contracts
[09:40:28] <wrbtrader> I'm a little early on this entry but Emini NQ, RTY correlation has more volatility
[09:40:47] <wrbtrader> YM is about equal pace with Emini ES futures
[09:41:32] <wrbtrader> Covered all Emini ES Short @ 3008.50 --> - 0.5
[09:47:00] <wrbtrader> Shorts Emini ES @ 3009.00 -> small size
[09:47:06] <wrbtrader> 3 contracts re-entry
[09:47:16] <Tigerman>
all
[09:49:36] <wrbtrader> It does not want to break down
[09:52:05] <wrbtrader> I hope it doesn't become costly when I missed that earlier Long signal @ 3004.75
[09:52:59] <wrbtrader> Covered Emini ES Short @ 3009.75 --> - 0.75
[09:52:59] <wrbtrader> Reverse and Enter Long Emini ES @ 3009.75
[09:53:22] <wrbtrader> tough area for a position reversal
[09:53:37] <wrbtrader> Emini NQ is lost its volatility
[09:53:49] <wrbtrader> YM has gained its volatility
[09:53:57] <wrbtrader> RTY not helping too
[09:54:57] <wrbtrader> Emini ES futures trying hard to stay above the R area of its most recent Up WRB Hidden GAP interval
[09:57:49] <wrbtrader> trail stop tighten...I'm now expecting a volatility spike
[09:58:34] <wrbtrader> Exited all Emini ES Long @ 3011.25 --> + 1.5
[09:59:03] <wrbtrader> trail stop picked pocketed
[10:01:40] <wrbtrader> Long Emini ES @ 3011.75 -> small size
[10:01:52] <wrbtrader> 3 contracts
[10:02:22] <wrbtrader> poor re-entry on the volatility spike back up
[10:03:32] <wrbtrader> WRB pt1 reached
[10:04:29] <wrbtrader> Exited all Emini ES Long @ 3013.00 --> + 1.25
[10:11:25] <wrbtrader> Most recent Up WRB Hidden GAP interval now retraced and pushing lower
[10:15:54] <Tigerman> hello test
[10:15:55] <wrbtrader> Yesterday's tweet @
https://twitter.com/wrbtrader/status/11 ... 6226335744 about a key WRB Zone I'm following on the 15min chart interval
[10:17:12] <wrbtrader> Crazy...it got only 3 likes but it generated 18 email replies to me about "What's a WRB Zone"
[10:17:13] <wrbtrader>
[10:17:30] <wrbtrader> I just reply to everyone at one with a link to the WRB Analysis Free Study Guide
[10:17:58] <werner1>
all
[10:18:12] <wrbtrader> Hi werner
[10:18:50] <Tigerman> hi
[10:23:07] <wrbtrader> If there's a strong volatility spike that takes prices upwards in the overnight trading session or tomorrow for the FOMC rate announcement...I expect that WRB Zone to be retested which is why I posted it yesterday to show that WRB Zones are determine "before the fact".
[10:23:51] <werner1> aha tx
[10:25:21] <wrbtrader> Shorts Emini ES @ 3009.00 -> small size
[10:25:27] <wrbtrader> 3 contracts
[10:26:35] <wrbtrader> Covered all Emini ES Short @ 3010.00 --> - 1
[10:26:47] <wrbtrader> will try again
[10:29:44] <wrbtrader> Shorts Emini ES @ 3010.25 -> small size
[10:29:49] <wrbtrader> 3 contracts re-entry
[10:31:03] <wrbtrader> Covered all Emini ES Short @ 3010.75 --> - 0.5
[10:31:19] <wrbtrader> Long Emini ES @ 3011.25 -> small size
[10:31:22] <wrbtrader> VIX is above the range of yesterday
[10:31:31] <wrbtrader> 3 contracts on the snap back up
[10:31:38] <wrbtrader> increasing volatility
[10:32:40] <werner1> wrb @ 2 min
[10:33:16] <wrbtrader> Yeah...I'm holding a little longer beyond the WRB pt1
[10:33:34] <wrbtrader> WRB pt1 @ 3011.75
[10:34:01] <wrbtrader> it was small
[10:34:14] <wrbtrader> because of the recent contracting volatility intervals
[10:34:42] <wrbtrader> Exited all Emini ES Long @ 3011.75 --> + 0.5
[10:35:09] <wrbtrader> small WRB pt1 reached on the trail stop pick pocketed
[10:37:21] <werner1> a bit of a range es 3013/3008
[10:38:13] <Tigerman> volatility righ now is bad
[10:38:20] <Tigerman> VIX nowhere
[10:38:43] <werner1> 13.68
[10:41:39] <wrbtrader> RTY is keeping this up from retracing lower
[10:41:46] <werner1> GBP under pressure
[10:43:01] <wrbtrader> Shorts Emini ES @ 3011.50 -> small size
[10:43:13] <wrbtrader> 3 contracts
[10:43:23] <werner1> good for import parfume
))
[10:43:45] <wrbtrader> kink in RTY...first in about 8 mins
[10:45:01] <wrbtrader> small WRB pt1 reached
[10:45:28] <werner1> mm nq
[10:45:51] <werner1> sup at 57.50
[10:46:06] <werner1> range
[10:46:26] <wrbtrader> Covered all Emini ES Short @ 3010.50 --> + 1
[10:46:42] <wrbtrader> trail stop picked pocketed
[10:47:03] <wrbtrader> RTY hit a support area that I don't see
[10:52:43] <werner1> mm dont like it ...range...
[11:01:05] <wrbtrader> Long Emini ES @ 3013.00 -> small size
[11:01:25] <wrbtrader> 3 contracts...intuition
[11:01:53] <wrbtrader> now volatility breakout
[11:02:05] <wrbtrader> looks weak
[11:02:34] <wrbtrader> hopefully more volatility will show up to keep this from retracing fast
[11:03:22] <wrbtrader> Exited all Emini ES Long @ 3013.50 --> + 0.5
[11:04:18] <wrbtrader> not one of the Eminis could generate increasing volatility after the breakout of the most recent contraction
[11:09:33] <wrbtrader> volatility now slowly increasing but I was already taken out
[11:10:16] <wrbtrader> Tough tought price action now
[11:17:24] <werner1> yeah
[11:22:03] <werner1>
https://www.youtube.com/watch?v=W434iQM7Lzw[11:29:18] <werner1> Shorts Emini NQ @ 7967.00
[11:29:56] <werner1> need 65.50
[11:31:28] <werner1> Covered all Emini NQ Short @ 7969.50 --> - 2.5
[11:33:33] <werner1> Long Emini NQ @ 7975.00
[11:44:42] <wrbtrader> werner...I took off a year from college to travel around Europe with several female friends and we ended up following Depeche Mode. We went to their concert in Milan @
https://www.youtube.com/watch?v=aNvqFs7-qD8[11:45:22] <wrbtrader> I have all their records but most of their concerts suck
[11:49:23] <werner1> Exited all Emini NQ Long @ 7969.50 --> - 5.5
[11:50:24] <wrbtrader> Amazing to see Market Breadth go straight up as if its a big trend day in the general market but the Emini futures has a completely different story
[11:50:50] <wrbtrader> Shorts Emini ES @ 3011.50 -> small size
[11:51:03] <wrbtrader> 3 contracts
[11:51:36] <wrbtrader> I smell a little blood here
[11:51:57] <werner1> dam mist the short
[11:52:01] <wrbtrader> WRB pt1 reached but its losing it volatility
[11:52:48] <wrbtrader> Market Breadth has now weaken...first time all day
[11:53:53] <wrbtrader> Long Lower Shadow intervals showing up
[11:54:15] <werner1> yep
[11:54:55] <werner1> range area
[11:55:26] <wrbtrader> Hopefully price action will try to travel down the range of those Long Lower Shadow intervals
[11:55:40] <werner1> indd
[11:57:09] <wrbtrader> Emini NQ and ES trying hard to do just that
[11:58:16] <wrbtrader> WRB pt1 reached
[12:00:29] <wrbtrader> Covered all Emini ES Short @ 3010.00 --> + 1.5
[12:01:00] <Tigerman> ok I finish here take care all see next time
[12:01:11] <wrbtrader> RTY refuse to break down...weird
[12:01:18] <wrbtrader> Just like the market breadth
[12:01:39] <wrbtrader> Tigerman...me too...I'm calling it quits here
[12:02:32] <wrbtrader> I think the price action is just going to start doing some strange crap for the remainder of the trading day as the big boys try to position themselves for tomorrows big HYPED FOMC day
[12:02:50] <wrbtrader> Take care all and see all tomorrow
-
[15:08:17] <werner1> Shorts Emini NQ @ 7976.75
[15:08:37] <werner1> Covered all Emini NQ Short @ 7974.25 --> + 2.5
[15:29:41] <werner1> mist the short again...pff my wife at home with her horse ..
[15:35:45] <werner1> looking for longs nq
[15:36:39] <werner1> djeez error screen heere
[15:39:21] <werner1> pff ok now
[15:41:36] <werner1> Long Emini NQ @ 7964.50
[15:41:57] <werner1> need 67
[15:45:15] <werner1> Exited all Emini NQ Long @ 7961.00 --> - 3.5
[15:46:45] <werner1> Long Emini NQ @ 7964.25
[15:48:23] <werner1> need 7968
[15:50:03] <werner1> Exited all Emini NQ Long @ 7968.00 --> + 3.75
[15:50:22] <werner1> 2WRB TT1
[15:51:42] <werner1> hihi GBP
[16:00:35] <werner1> Long Emini NQ @ 7961.00
[16:00:59] <werner1> Exited all Emini NQ Long @ 7963.50 --> + 2.5
[16:01:18] <werner1> ok gn all
Session Close
Bloomberg Markets: The Close Full Show (7/30/2019)
@ https://www.bloomberg.com/news/videos/2019-07-30/-bloomberg-markets-the-close-full-show-7-30-2019-video@ wrbtrader @ Frequently Asked Questions @ 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.
Quote:
The free chat room is not a signal calling trading 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
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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 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
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Trading is stressful and you should always
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disclaimer statement @ http://www.thestrategylab.com/Disclaimer.htm Rebuttal to Mr. Emmett Moore Jr. via TheStrategyLab.com Review
@ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167 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=2844Note: 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)
a.k.a. wrbtrader (more info about me):
http://www.thestrategylab.com/wrbtrader.htmTheStrategyLab Price Action Trading
@
http://twitter.com/wrbtrader or http://stocktwits.com/wrbtrader Phone: +1 708 572-4885
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