##TheStrategyLab Price Action Chat Room Logs

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

Bloomberg Markets: The Open Full Show (07/10/2020) @ https://www.bloomberg.com/news/videos/2020-07-10/-bloomberg-the-open-full-show-7-10-2020-video

[09:31:19] * Now talking in ##TheStrategyLab
[09:31:27] <wrbtrader> Good morning...
[09:31:38] <asuni> good morning
[09:32:02] <wrbtrader> Change of plans...will be trading this morning after cancelling repairs on my backup fiber optics line
[09:32:17] <wrbtrader> Changed it to next week
[09:32:59] <wrbtrader> Wanted to trade today...expecting additional volatility (didn't want to miss out like yesterday's morning)
[09:33:00] <wrbtrader>
[09:38:58] <wrbtrader> Long Emini ES @ 3137.75 -> large size
[09:39:00] <wrbtrader> 10 contracts early entry
[09:40:03] <wrbtrader> stole a great entry into Emini ES off the back of Emini NQ Long Lower Shadow interval
[09:42:08] <wrbtrader> Exited all Emini ES Long @ 3144.75 --> + 7
[09:42:14] <wrbtrader> early exit
[09:42:19] <wrbtrader> not a WRB pt1
[09:42:49] <wrbtrader> dumped the trade when the volatility stalled and it had not even reached a WRB pt1
[09:43:07] <wrbtrader> Will jump back in if it powers up again
[09:43:35] <wrbtrader> Long Emini ES @ 3147.00 -> large size
[09:43:45] <wrbtrader> 10 contracts re-entry
[09:44:38] <wrbtrader> Exited all Emini ES Long @ 3149.00 --> + 2
[09:45:00] <wrbtrader> not a WRB pt1
[09:45:04] <wrbtrader> early exit again
[09:48:02] <wrbtrader> Shorts Emini ES @ 3146.25 -> small size
[09:48:09] <wrbtrader> 3 contracts
[09:48:15] <wrbtrader> gotta be careful here
[09:49:13] <wrbtrader> Covered Emini ES Short @ 3146.00 --> + 0.25
[09:49:13] <wrbtrader> Reverse and Enter Long Emini ES @ 3146.00
[09:49:47] <wrbtrader> intuition position reversal into a possible Short Squeeze
[09:50:53] <wrbtrader> Exited all Emini ES Long @ 3143.00 --> - 3
[09:51:00] <wrbtrader> punks
[09:51:23] <wrbtrader> Shorts Emini ES @ 3142.25 -> large size
[09:51:31] <wrbtrader> 10 contracts
[09:52:20] <wrbtrader> Covered all Emini ES Short @ 3141.75 --> + 0.5
[09:52:53] <wrbtrader> Problem is Emini NQ futures...its stuck in a tight trading range near the S area of its most recent Down WRB Hidden GAP interval
[09:53:03] <wrbtrader> now breakout below
[09:54:17] <wrbtrader> Shorts Emini ES @ 3138.75 -> large size
[09:54:28] <wrbtrader> 10 contracts
[09:54:32] <wrbtrader> poor entry
[09:56:52] <wrbtrader> Covered all Emini ES Short @ 3137.75 --> + 1
[09:56:58] <wrbtrader>
[09:57:49] <wrbtrader> should'uv not tighten that trail stop while Emini NQ was trying to move down the range of a Long Lower Shadow interval
[09:59:29] <asuni> terrible price action
[09:59:59] <wrbtrader> Emini NQ futures back to that S area of its most recent Down WRB Hidden GAP interval
[10:00:16] <wrbtrader> Shorts Emini ES @ 3137.50 -> large size
[10:00:25] <wrbtrader> 10 contracts
[10:00:40] <wrbtrader> now acting like an R area
[10:01:06] <wrbtrader> increasing volatility
[10:01:41] <wrbtrader> VIX up to 29.96
[10:02:24] <wrbtrader> tough area here...another S area
[10:02:43] <wrbtrader> in Emini ES futures
[10:03:00] <wrbtrader> now breakout below
[10:04:24] <werner1> all
[10:04:32] <asuni>
[10:04:48] <wrbtrader> Covered all Emini ES Short @ 3127.25 --> + 10.25
[10:04:59] <wrbtrader> tight trail stop picked
[10:16:46] <werner1> Shorts Emini NQ @ 10690.75
[10:16:59] <werner1> Covered all Emini NQ Short @ 10684.75 --> + 6
[10:23:35] <wrbtrader> Shorts Emini ES @ 3140.00 -> small size
[10:23:39] <wrbtrader> 1 contract
[10:26:09] <wrbtrader> Covered Emini ES Short @ 3141.50 --> - 1.5
[10:26:43] <wrbtrader> Long Emini ES @ 3144.00 -> small size
[10:26:54] <wrbtrader> 1 contract
[10:29:42] <wrbtrader> Exited Emini ES Long @ 3145.75 --> + 1.75
[10:36:16] <wrbtrader> Long Emini ES @ 3149.00 -> small size
[10:36:22] <wrbtrader> 1 contract
[10:37:05] <wrbtrader> Exited Emini ES Long @ 3147.50 --> - 1.5
[10:42:13] <wrbtrader> Long Emini ES @ 3149.00 -> small size
[10:42:19] <wrbtrader> 1 contract
[10:43:20] <wrbtrader> Exited Emini ES Long @ 3154.00 --> + 5
[10:43:58] <wrbtrader> Did not expect that volatility spike out of nowhere
[10:44:26] <wrbtrader> Had I expect...I would have been large position size (10 contracts)
[10:44:28] <wrbtrader>
[10:56:27] <werner1> ok buzy here ...take care ..cya
[11:45:15] <wrbtrader> Emini ES above the most recent reaction high
[11:45:34] <wrbtrader> a low volatility breakout
[11:46:18] <asuni> where to take one point u have very high risk
[11:46:27] <asuni> i'm starting to love volatility
[11:47:23] <asuni> like just now
[11:50:30] <asuni> the only moment i like low volatility is in large sideline phaaese
[11:50:34] <asuni> phases
[12:01:53] <wrbtrader> Long Emini ES @ 3157.50 -> small size
[12:02:00] <wrbtrader> 1 contract
[12:10:27] <asuni> u are waitng for NQ?
[12:22:04] <wrbtrader> Exited Emini ES Long @ 3154.50 --> - 3
[13:09:03] <asuni> es cemented
[13:46:28] <wrbtrader> Long Emini ES @ 3162.00 -> small size
[13:46:39] <wrbtrader> 1 contract
[13:48:06] <wrbtrader> Exited Emini ES Long @ 3162.50 --> + 0.5
[13:49:37] <wrbtrader> Long Emini ES @ 3162.50 -> small size
[13:49:41] <wrbtrader> 3 contracts
[13:49:50] <wrbtrader> re-entry
[13:50:33] <wrbtrader> Exited all Emini ES Long @ 3165.25 --> + 2.75
[13:50:43] <wrbtrader> small WRB pt1 reached
[14:29:43] <wrbtrader> correlations poor right now
[14:30:28] <wrbtrader> Long Emini ES @ 3163.00 -> small size
[14:30:34] <wrbtrader> 3 contracts
[14:31:12] <wrbtrader> Exited all Emini ES Long @ 3164.25 --> + 1.25
[14:31:23] <wrbtrader> tiny WRB pt1
[14:31:53] <wrbtrader> didn't want to keep holding that with volatility acting weird while correlation looks strange
[15:49:21] <wrbtrader> Long Emini ES @ 3174.25 -> small size
[15:49:29] <wrbtrader> 1 contract
[15:49:58] <wrbtrader> intuition trade
[15:50:26] <wrbtrader> Exited Emini ES Long @ 3176.75 --> + 2.5
[15:50:39] <wrbtrader> small WRB pt1 reached
[16:59:46] <wrbtrader> Take care all, have a nice weekend and see you on Monday
Session Closed

Bloomberg Markets: The Close' Full Show (07/10/2020) @ https://www.bloomberg.com/news/videos/2020-07-10/-bloomberg-markets-the-close-full-show-07-10-2020-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.


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

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 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 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.htm

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)
a.k.a. wrbtrader (more info about me): http://www.thestrategylab.com/wrbtrader.htm
TheStrategyLab Price Action Trading
@ http://twitter.com/wrbtrader @ http://stocktwits.com/wrbtrader
@ https://www.tradingview.com/u/wrbtrader

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