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Quote:
The chat room is only for traders learning or applying concepts of WRB Analysis. In addition, traders that use ##TheStrategyLab are required to post either one WRB Analysis price action commentary involving any key concept from the free study guide, one real-time trade or one general trading related commentary per day they log-in to the chat room. Yet, if the trader decides to post real-time trades (simulator or real-money)...the trades must be clear (not ambiguous) entry price/exit price and position size. Traders that consistently log-in and not post any price action commentary involving WRB Analysis or post ambiguous trades will be KICKED (removed) from the chat room. Exceptions to the chat room participation rule involves those traders that are actively posting elsewhere at TheStrategyLab.com (e.g. DOKs at their support forum in the public area or within their private threads)...these traders are then allowed to not participate in the chat room if that's what they prefer to do instead of asking for help with real-time WRB Analysis.
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@ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164Attachment:
061014-Key-Price-Action-Markets.png [ 945.49 KiB | Viewed 335 times ]
click on the above image to view today's price action of key markets Session Start: Tue Jun 10 09:27:03 2014
Session Ident: ##TheStrategyLab
[09:27:03] * Now talking in ##TheStrategyLab
[09:27:03] * 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'[09:27:03] * Set by wrbtrader on Tue Feb 05 08:11:19
[09:27:03] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:39:48] <wrbtrader> Long Emini TF @ 1172.40 -> medium size
[09:39:56] <wrbtrader> 4 contracts
[09:41:30] <wrbtrader> I stole a great entry but its starting to stall
[09:42:29] <wrbtrader> Exited all Emini TF Long @ 1172.70 --> + 0.3
[09:42:46] <wrbtrader> not getting anywhere...just chopping up and down
[09:45:45] <wrbtrader> Long Emini TF @ 1172.60 -> medium size
[09:45:51] <wrbtrader> 4 contracts
[09:45:57] <wrbtrader> re-entry intuition
[09:46:33] <@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.
[09:47:01] <@wrbtrader> Exited all Emini TF Long @ 1171.60 --> - 1
[09:48:33] <@wrbtrader> Long Emini TF @ 1172.20 -> medium size
[09:48:36] <@wrbtrader> Key Market Event (KME) @ 1000am
[09:48:43] <@wrbtrader> 4 contracts re-entry
[09:51:21] <@wrbtrader> Exited all Emini TF Long @ 1172.30 --> + 0.1
[09:51:29] <T4n> ls 1172.3
[09:52:30] <@wrbtrader> Long Emini TF @ 1171.80 -> medium size
[09:52:36] <T4n> what did i just get into?
[09:52:45] <T4n> contraction hard
[09:52:47] <@wrbtrader> 4 contracts re-entry
[09:53:23] <@wrbtrader> you got into lots of chop that's now in a low volatility tight trading range that's also forming a WEDGE price action
[09:53:37] <tradermo> short iwm 116.64
[09:54:27] <@wrbtrader> Exited all Emini TF Long @ 1172.80 --> + 1
[09:54:43] <@wrbtrader> WRB pt1 (shallow) reached
[09:55:09] <T4n> e 1171.5
[09:56:21] <T4n> expectations too high for poor action
[09:56:23] <@wrbtrader> Emini TF futures now below the support area of that low volatility tight trading range with a pending 1000am est KME
[09:59:05] <tradermo> moving stop to breakeven 116.64
[10:00:34] <tradermo> exit half iwm 116.35
[10:03:49] <tradermo> exit remaining iwm 116.23
[10:06:54] <tradermo> long nq 3789
[10:06:57] <T4n> ss 1167.5
[10:07:18] <@wrbtrader> Shorts Emini TF @ 1171.10 -> medium size
[10:07:25] <@wrbtrader> 5 contracts
[10:07:38] <tradermo> adding to long 3787
[10:07:44] <@wrbtrader> correction
[10:08:04] <@wrbtrader> Shorts Emini TF @ 1167.10 -> medium size
[10:08:11] <T4n> e 1166.8
[10:08:34] <@wrbtrader> 4 point emergency stop @ 1171.10
[10:09:10] <tradermo> nq stop at 3778
[10:09:51] <@wrbtrader> not looking good with more contraction showing up
[10:10:25] <@wrbtrader> Covered all Emini TF Short @ 1167.60 --> - 0.5
[10:10:52] <T4n> 5m TF two back to back Dark WRBHGs
[10:11:11] <@wrbtrader> Shorts Emini TF @ 1167.70 -> medium size
[10:11:25] <@wrbtrader> 5 contracts re-entry
[10:11:45] <@wrbtrader> that snap back gives me a little hope that volatility is starting to creep back into the price action
[10:14:02] <T4n> ss 1168.1
[10:14:08] <tradermo> exit half nq 3792
[10:15:45] <tradermo> moving stop on remaining to 3785
[10:15:58] <@wrbtrader> Covered all Emini TF Short @ 1168.60 --> - 0.9
[10:16:25] <T4n> e 1169.2
[10:16:28] <T4n> hmm
[10:17:07] <@wrbtrader> Emini TF back inside the range of its most recent Down WRB Hidden GAP
[10:17:11] <T4n> ss 1168.9
[10:17:38] <@wrbtrader> S area @ 1168.40
[10:18:18] <tradermo> moving stop to 3788
[10:20:08] <@wrbtrader> snap back upwards
[10:22:36] <T4n> e -.6
[10:22:37] <T4n> rude snap
[10:23:16] <tradermo> i don't mind snapups
[10:23:17] <@wrbtrader> Long Emini TF @ 1169.10 -> medium size
[10:23:35] <@wrbtrader> 3+2 contracts
[10:23:47] <@wrbtrader>
[10:23:48] <@wrbtrader> geeeesh
[10:24:02] <@wrbtrader> looking for a Houdini Escape
[10:24:21] <@wrbtrader> Exited all Emini TF Long @ 1170.10 --> + 1
[10:24:35] <@wrbtrader> may be my lucky trade of the week
[10:24:46] <@wrbtrader> WRB pt1 reached
[10:25:50] <T4n> i'm debatin wether i should reenter short again
[10:26:22] <T4n> prior WRBHG retraced
[10:28:06] <tradermo> hoping for es gap fill to provide some accelleration
[10:28:49] <tradermo> keeping stop at 3788 - away for a bit
[10:29:01] <T4n> ss 1171
[10:30:18] <T4n> e 1171.4
[10:30:19] <T4n> ouch
[10:32:09] <T4n> ss 1171
[10:32:57] <T4n> e .2
[10:36:19] <T4n> dang
[10:36:57] <T4n> too many snaps put fear in me
[10:40:52] <T4n> ss 1168.2
[10:43:20] <T4n> e 1169.1
[11:24:06] <t4n> ss 1168.7
[11:25:42] <t4n> e 1169.5
[11:35:18] <t4n> contracting volatility
[11:37:47] <t4n> ls 1169
[11:39:39] <t4n> e .1
[11:49:28] <t4n> ugly stuff
[12:45:49] <@wrbtrader> Shorts Emini TF @ 1166.10 -> small size
[12:46:09] <@wrbtrader> 1 contract
[12:53:56] <@wrbtrader> Covered Emini TF Short @ 1166.90 --> - 0.8
[12:54:36] <steve____> waiting for 1164 WRB gap level on longer frame from 6/9
[13:38:13] <@wrbtrader> Shorts Emini TF @ 1167.00 -> small size
[13:38:25] <@wrbtrader> 2 contracts
[13:39:12] <tradermo> exit remaining nq at 3794.5
[13:41:09] <@wrbtrader> Covered Emini TF Short @ 1167.80 --> - 0.8
[13:42:27] <@wrbtrader> My trade entries for the two have resulted as higher lows w/ higher highs
[13:44:22] <@wrbtrader> Long Emini TF @ 1167.80 -> small size
[13:44:40] <@wrbtrader> 1+2 contracts
[13:44:48] <Cayden> wrbtrader? were U- R U- trading in a Zone from yesterdays open?
[13:47:46] <Cayden> I have us just above a Zone painted up on a 15 minute TF chart – it’s a 15 minute interval built from Friday’s cash close on 6-6, (V2), and the Zone is yesterday’s cash open. 1167.5 is R and 1164 is S.
[13:50:01] <Cayden> woops- wrong room- sorry
[13:57:11] <@wrbtrader> Emini TF snap back after it retested the S area of its most recent Up WRB Hidden GAP on the 1min chart
[14:03:17] <@wrbtrader> TF has stalled...more contraction in the volatility now
[14:05:41] <tradermo> short iwm 116.32
[14:06:50] <tradermo> stop at 116.61
[14:07:01] <@wrbtrader> Exited all Emini TF Long @ 1168.70 --> + 0.9
[14:07:44] <@wrbtrader> perfect price action for churning
[14:07:50] <@wrbtrader>
[14:15:11] <@wrbtrader> Long Emini TF @ 1169.30 -> small size
[14:15:20] <@wrbtrader> 1 contract
[14:15:56] <@wrbtrader> Exited Emini TF Long @ 1169.70 --> + 0.4
[14:16:08] <@wrbtrader> WRB pt1 (shallow) reached
[14:16:57] <@wrbtrader> didn't want to hang around too long on that one when it spiked above the most recent reaction high of 1359pm est
[14:19:38] <@wrbtrader> Long Emini TF @ 1170.30 -> small size
[14:19:49] <@wrbtrader> 2 contracts
[14:20:04] <@wrbtrader> back above that reaction high but with more volatility
[14:22:25] <@wrbtrader> Exited all Emini TF Long @ 1171.00 --> + 0.7
[14:22:29] <tradermo> moving iwm stop to 116.76 to allow for es gap fill
[14:23:20] <@wrbtrader> I've been chasing the same Up movement the past few trades...not getting what I wanted...
[14:23:53] <@wrbtrader> That first Long was a trail stop pick pocketed...that's the trade I needed to keep
[14:24:37] <@wrbtrader> after I notice my losing short positions were higher highs with higher lows as trades
[14:24:50] <@wrbtrader> in reference to my entries and exits in those Short positions
[14:25:00] <tradermo> missing participation of big guys today on the long side
[14:25:28] <tradermo> except wrbtrader of course
[14:26:09] <tradermo> but tf surprisingly strong
[14:41:32] <t4n> ss 1169.8
[14:45:02] <t4n> e .1
[15:08:40] <t4n> ls 1170.8
[15:11:53] <t4n> e 1170.3
[15:15:48] <t4n> testing low of recent 5m wrbhg
[15:16:22] <t4n> ls 1170.2
[15:20:53] <tradermo> adding to iwm short at 116.58
[15:21:02] <tradermo> es attempting gap fill
[15:21:34] <tradermo> keeping stop at 116.76
[15:22:49] <@wrbtrader> Long Emini TF @ 1171.50 -> small size
[15:23:13] <@wrbtrader> 3 contracts
[15:23:27] <@wrbtrader> most likely my last trade of the day
[15:25:00] <@wrbtrader> just got back from a quick walk around to get the circulation moving
[15:25:01] <t4n> e 1171.5
[15:25:32] <tradermo> small guys buying - possible short covering
[15:26:13] <tradermo> oops, i am a small guy too
[15:32:57] <t4n> nq popped
[15:38:05] <@wrbtrader> Exited all Emini TF Long @ 1171.50 --> 0
[15:38:21] <@wrbtrader> early exit
[15:38:43] <@wrbtrader> I have an appointment and was hoping some volatility would show up before I had to leave
[15:38:53] <@wrbtrader> Take care all and see all tomorrow
[15:41:53] <Cayden> L8TR
[15:44:14] <t4n> ls 1171.8
[15:48:47] <t4n> e 1171.2
[15:51:06] <t4n> ls 1172
[15:51:09] <t4n> poor reentry
[15:51:11] <t4n> chased
[15:55:55] <t4n> e 1171.6
[15:58:51] <tradermo> exit all iwm at 116.58
[15:59:12] <tradermo> tf too stubborn today
Session Close: Tue Jun 10 23:57:39 2014
-------------------------
##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
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