##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 Nov 18 07:05:31 2015
Session Ident: ##TheStrategyLab
[07:05:32] * Now talking in ##TheStrategyLab
[07:05:32] * 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'
[07:05:32] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[07:05:32] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[07:07:00] <BobC__> GM Traders.... CL Vol on Jan contract greater than Dec...tie to switch
[08:18:21] <BobC__> CL Inv and Fed minutes today
[09:34:02] <wrbtrader> Long Emini ES @ 2055.50 -> large size
[09:34:17] <wrbtrader> 10 + 5 contracts
[09:35:13] <Tigerman_> all
[09:35:24] <Corner> Godd morning all
[09:37:18] <wrbtrader> Exited all Emini ES Long @ 2057.75 --> + 2.25
[09:37:25] <wrbtrader> WRB pt1 reached
[09:40:44] <Tigerman_> TF continue to be weak vs ES
[09:42:19] <wrbtrader> KMEs today @ 1030am and 1400pm est
[09:43:42] <wrbtrader> Shorts Emini ES @ 2054.75 -> large size
[09:43:51] <wrbtrader> 10 contracts
[09:44:14] <wrbtrader> Emini TF futures filled in its regular session gap
[09:44:44] <wrbtrader> Now Emini ES acting like it has found some support while TF is opposite (not insync)
[09:45:37] <Tigerman_> yep I m more suspictios in this case
[09:46:13] <wrbtrader> a lot of pressure to the downside in TF but not in ES
[09:46:41] <wrbtrader> Covered all Emini ES Short @ 2055.00 --> - 0.25
[09:49:30] <Tigerman_> now sell pressure in TF seems gone
[09:51:49] <wrbtrader> Wow...TF took off
[09:52:50] <Tigerman_> yep today I did only Iwm trades
[09:53:26] <wrbtrader> Long Emini ES @ 208.25 -> large size
[09:53:36] <wrbtrader> correction...
[09:53:40] <Tigerman_> when TF moves ... it moves , in contrast ES is slow and lots of snapback
[09:53:51] <wrbtrader> Long Emini ES @ 2058.25 -> large size
[09:53:59] <wrbtrader> 10 contracts
[09:56:11] <wrbtrader> Exited all Emini ES Long @ 2059.75 --> + 1.5
[09:56:20] <wrbtrader> WRB pt1 reached
[10:08:52] <Tigerman_> lg es 59.50
[10:09:52] <Tigerman_> exit all 59.75 +1tk
[10:10:07] <Tigerman_> not moves
[10:10:44] <Tigerman_> lg ES 2060
[10:11:29] <Tigerman_> exit all 59.50 -2 tk
[10:11:41] <Tigerman_> bad re-entry
[10:11:47] <Tigerman_> small size anyway
[10:11:56] <Tigerman_> price congested here
[10:16:10] <Tigerman_> sh TF 1153.6
[10:18:52] <Tigerman_> exit 2/3 1151.8 +18tk wrb pt1 reach
[10:22:18] <Tigerman_> exit rem 1/3 TF at 1152 +16 tks
[10:22:31] <Tigerman_> not able to break his recent low
[10:23:13] <Tigerman_> in contrast ES is stronger on his way
[10:23:26] <Tigerman_> unsync at his best
[10:25:00] <wrbtrader> I'm willing to bet that the Paris/Terrorist fear is causing the markets today to be sort'uv on stand-by...
[10:25:29] <wrbtrader> A directional movement will probably show up at least when the FED Minutes KME starts around 2pm est
[10:25:57] <Tigerman_> yep I have to be here for that
[10:26:25] <Tigerman_> lets see what CL do after the news
[10:26:33] <Tigerman_> Oil nes now
[10:26:45] <Tigerman_> few minutes to go
[10:26:59] <wrbtrader> Hopefully the EIA report KME causes a lot of volatility to show up.
[10:27:14] <wrbtrader> I'm doubtful but will be ready if volatility decides to show up
[10:28:10] <Tigerman_> sh CL 42.34 small
[10:28:31] <Tigerman_> exit all 34 +0
[10:28:46] <BobC__> CL Inv report ..3in
[10:29:25] <Tigerman_> sh CL 31
[10:29:29] <Tigerman_> 42.31
[10:32:29] <BobC__> good call tiger
[10:32:57] <Tigerman_> exit all CLK at 42.10 + 21 tks
[10:33:18] <Tigerman_> scary trade
[10:33:49] <Tigerman_> price droped araoud 42.25 few second after the new
[10:33:56] <BobC__> always around report
[10:34:10] <Tigerman_> then jumped higher to 42.50
[10:34:26] <Tigerman_> the down again
[10:35:05] <Tigerman_> simply we have to check our heart in this cases
[10:35:38] <BobC__> mine stops for a bit....
[10:39:29] <Tigerman_> ES back open price now
[10:41:17] <Tigerman_> CL now back inside his most recent down WRB HG
[10:42:37] <Tigerman_> lg CL 41.95
[10:42:49] <Tigerman_> counter trade
[10:44:20] <Tigerman_> exit 1/2 41.98 +3 tk
[10:45:26] <Tigerman_> exit all 1/2 rem 42.08 +13 tk
[10:46:09] <Tigerman_> now that WRB HG mentioned before is filled
[10:50:49] <Tigerman_> ES range bound
[10:51:20] <Tigerman_> seems action is gone ,maybe can wake up after Fed news
[10:57:04] <BobC__> seems to be stuck in a churn zone
[11:00:47] <TradeSnake______> Long YM @ 17544
[11:02:02] <TradeSnake______> Covered YM @ 17544 --> +0
[13:47:28] <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.
[13:54:33] <Tigerman_> testing
[13:55:13] <BobC__> I see U
[13:56:55] <Tigerman_> thanks Bob
[13:57:09] <Tigerman_> simply chat disconnecting when in suspend
[13:57:10] <BobC__> np Tiger
[13:57:50] <BobC__> Fed Speak 4 min
[14:01:29] <wrbtrader> Shorts Emini ES @ 2061.75 -> small size
[14:01:37] <Corner> Short ES 2061.00
[14:01:39] <wrbtrader> 5 contracts
[14:01:59] <Corner> Exit ES 2063.00 -2.00
[14:02:06] <wrbtrader> Covered all Emini ES Short @ 2063.75 --> - 2
[14:02:31] <Corner> Short ES 2063.00
[14:02:32] <wrbtrader> Shorts Emini ES @ 2063.50 -> small size
[14:02:41] <wrbtrader> 5 contracts
[14:02:46] <wrbtrader> re-entry
[14:05:31] <wrbtrader> Covered all Emini ES Short @ 2061.50 --> + 2
[14:05:37] <Corner> Exit ES 2061.50 +1.50
[14:08:14] <wrbtrader> rangebound
[14:08:46] <Corner> Long ES 2065.00
[14:09:13] <wrbtrader> Long Emini ES @ 2067.50 -> small size
[14:09:22] <wrbtrader> 5 contracts
[14:09:24] <wrbtrader> intuition
[14:09:43] <Corner> Exit ES 2068.25 +3.25
[14:13:27] <wrbtrader> Exited all Emini ES Long @ 2072.25 --> + 4.75
[14:13:40] <wrbtrader> WRB pt1 reached
[14:13:57] <Corner> Climax -> Too much risk for me
[14:14:13] <Corner> But may run much further
[14:16:54] <wrbtrader> It had some difficulting in finding that directional movement
[14:17:34] <wrbtrader> Not sure it would be able to maintain the volatility after reaching a WRB pt1 because it moved too quickly
[14:18:15] <wrbtrader> 2066 is the R area of that prior range in Emini ES futures
[14:18:34] <wrbtrader> Hopefully it doesn't return to that price area
[14:20:13] <Senge_> 5 pt pullback off high
[14:22:00] <Corner> Long ES 2068.25
[14:23:08] <Corner> Exit ES 2068.75 +0.50
[14:24:45] <Corner> Short ES 2068.00
[14:25:14] <Corner> Looking for a test of 2066
[14:26:00] <Corner> Exit ES 2068.75 -0.75
[14:32:20] <Corner> Short ES 2068.00
[14:34:29] <Corner> Exit ES 2066.5 +1.50
[14:35:59] <BobC__> DOne here.... have a good evening all....
[14:40:41] <Corner> CL dipped below 40 today
[14:41:02] <Corner> Staying low so long is a big structural problem for many countries
[14:41:06] <Corner> including Russia
[14:44:24] <Senge_> Long ES @ 2070
[14:49:09] <Corner> http://www.wsj.com/articles/oil-prices- ... 1440132261
[14:49:14] <Senge_> Exit T1 @ 2071 --> +1
[14:49:22] <Corner> Seems the US likes it that way...
[14:50:06] <Corner> They increase production
[14:50:34] <Senge_> OPEC like it that way.
[14:51:17] <Corner> Long ES 2069.75
[15:01:45] <Senge_> Exit all ES @ 2073.50 --> +3.5
[15:02:32] <Senge_> Correction --> +2.5
[15:02:58] <Senge_> Sorry, right the first time.
[15:03:05] <Senge_> --> +3.5
[15:04:25] <Corner> Exit ES 2073.00 +3.25 :-(
[15:09:58] <kadtje> gn all
[15:31:13] <Corner> Long ES 2075.00
[15:32:31] <Senge_> Lon ES @ 75.75
[15:32:39] <Senge_> *Long
[15:34:12] <Senge_> Exit half position @ 2076.75 --> +1
[15:37:49] <Senge_> Exit all remaining ES @ 2077--> +1.25
[15:47:34] <Corner> Many targets in the 80-81 area
[15:47:42] <Corner> Try to go for it
[15:53:41] <Corner> Exit ES 2080.25 +5.25 :-)
[15:53:56] <Senge_> Nice trade!
[15:54:31] <wrbtrader> Long Emini ES @ 2081.00 -> large size
[15:54:44] <wrbtrader> 10 contracts
[15:55:25] <wrbtrader> Exited all Emini ES Long @ 2081.00 --> 0
[15:56:01] <wrbtrader> late to the show...first time in a long time I've been able to get back in time to put on a trade in the 4pm est rush hour traffic
[15:56:55] <Senge_> Day job?
[15:57:32] <wrbtrader> Day job...what's that
[15:58:01] <Senge_> Haha
[15:58:38] <wrbtrader> Its more like the kids don't have practice or games after school
[15:59:16] <Corner> Shouldn't there be profit taking right now?
[15:59:20] <Senge_> I get that. Mine are in school 'til after the close.
[16:00:21] <wrbtrader> Usually I'm back by 5:30pm est
[16:00:36] <Corner> Short ES 2081.00
[16:01:04] <Corner> Exit ES 2080.00 +1.00
[16:01:12] <Corner> snap back
[16:01:36] <wrbtrader> Long Emini TF @ 1170.10 -> small size
[16:01:44] <wrbtrader> 3 contracts
[16:01:49] <Senge_> Take care all.
[16:02:15] <Corner> Take care
[16:02:19] <wrbtrader> WRB Analysis -> - Chat room for day traders, swing traders, position traders using concepts from WRB Analysis such as contracting volatility, key market event (KME), reaction high/low, WRB, WRB Hidden GAP, WRB Zone, WRB pt levels to help improve understanding of the price action their trading and/or improve the performance of their trade signal strategies while price action trading. WRB Analysis free study guide @ http://www.thestrategylab.com/tsl/forum ... =119&t=718 or http://www.scribd.com/wrbtrader
[16:02:49] <wrbtrader> Enough news lately so that Emini TF shouldn't be sluggish in this 4pm est price action
[16:04:30] <wrbtrader> Exited all Emini TF Long @ 1170.30 --> + 0.2
[16:04:56] <wrbtrader> Didn't get what I was looking for but still worth the effort
[20:07:14] * Disconnected
Session Close: Wed Nov 18 20:07:15 2015

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

##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