##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, WRB, WRB Hidden GAP, 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 is primarily designed to only be a
trade journal for documentation purposes 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 so that the chat room becomes your
diary (journal) to correlate with trades on your broker statements.
Also, if you want ##TheStrategyLab chat room to be
educational for you,
please ask questions instead of lurking (not participating in conversations). You can talk about anything related to the financial markets, economies or news impacting the markets in general.
Quote:
The chat room is only for traders using concepts of WRB Analysis. In addition, traders that use ##TheStrategyLab are not required to post trades but if you do post trades...the trades must be clear (not ambiguous) entry price/exit price and position size. Traders that consistently post ambiguous trades will be KICKED (removed) from the chat room.
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 log into ##TheStrategyLab chat room that's located on the Freenode IRC network...please follow the instructions here at the
FTCHAT Support Forum @ http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5 or via the the instructions from the
TSL Support Forum @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164 Note: ##TheStrategyLab chat room is now located on the Freenode IRC network after moving from the Othernet IRC network.Attachment:
040513-Key-Price-Action-Markets.png [ 527.25 KiB | Viewed 336 times ]
click on the above image to view today's price action of key markets Session Start: Fri Apr 05 09:33:03 2013
Session Ident: ##TheStrategyLab
[09:33:03] * Now talking in ##TheStrategyLab
[09:33:03] * Topic is 'Chat room only for traders using WRB Analysis (WRBs, WRB Hidden GAPs, WRB Zones) for day trading, swing trading or position trading. | WRB Analysis free study guide @
http://www.thestrategylab.com/tsl/forum ... 119&t=718'[09:33:03] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:33:03] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:34:25] <Zr1trader> Long 6J .010355 Filled 1 contract
[09:53:22] <wave__> 1533 db area
[10:03:05] <wave__> L 34 es
[10:03:15] <wave__> take a shot
[10:06:21] <Zr1trader> Exit 6j .010336 -19 ticks
[10:06:57] <wave__> out =1.5
[10:10:32] <Zr1trader> Short tf 909.9 1 contract
[10:32:41] <Zr1trader> Exit TF 911.8 -19 ticks
[10:43:43] <Trendtrader> Covered all Emini TF Short @ 912.6 --> - 4.3
[10:45:23] <Zr1trader> CL vol spike
[11:33:38] <wrbtrader> By the way, I'm just taking it easy (no trades) so far today for me.
[11:33:51] <wrbtrader> Had a big week of trading and just wanted to take a break this morning.
[11:36:39] <TigermanTrader>
all
[11:36:51] <TigermanTrader> no trading today x me
[11:37:25] <TigermanTrader> simply too busy to manage my money after some issue in EU
[11:38:35] <TigermanTrader> situation in some euro country is no so good in banking system
[11:39:34] <TigermanTrader> so protect saving and fund x trading is mandatary
[11:39:53] <TigermanTrader> any smell of troble outhere wrbtrader
[11:40:20] <TigermanTrader> I mean also canada said can touch insured account
[11:40:38] <TigermanTrader> I read something in toronto newspaper
[11:41:14] <TigermanTrader> any tradfer here worry about safe on bank/trading account
[11:45:32] <Zr1trader> Yeah, for trading, I try to only keep enough in account to cover margins. IE MFGLOBAL, PFG, I think wells fargo is safest bank in my opinion, but Private credit unions are safer too IMO, and in case we get hit by zombie apocolypse keep some physical hard assets in a safe place too
[11:47:23] <Zr1trader> land, metals , and a little whiskey
[11:48:18] <Zr1trader> but i mean, gov't can just take your land too so nothing is 100% certain in this world .
[11:49:15] <TigermanTrader> yeah right
[11:50:01] <TigermanTrader> only NOW people have to worry about safeness of their bank account
[11:50:19] <TigermanTrader> cibro x example
[11:50:24] <TigermanTrader> cipro
[11:50:50] <Zr1trader> Yeah , I always think back to 1929, banks just shut their doors and that was it. Anything can happen...
[11:51:08] <TigermanTrader> yep scary
[11:51:44] <TigermanTrader> we have to enjoy life as we can
[11:52:24] <Zr1trader> Exactly
[12:31:41] <TigermanTrader> I have to go
[12:31:50] <TigermanTrader> take care all see all next week
[12:40:41] <Zr1trader> Gold vol increase
[15:47:28] <wrbtrader> Looks like others in here are taking the day off today too...very little discussion.
Session Close: Fri Apr 05 20:13:05 2013
-------------------------
##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 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
##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
intradaystrategies@yahoo.com questions@thestrategylab.comGo Back To TheStrategyLab.com Homepage