##TheStrategyLab Price Action Chat Room Logs

TheStrategyLab Price Action Trading (no technical indicators)
Free Chat Room: http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164 (see chat logs below)
M.A. Perry a.k.a. wrbtrader (more info about me): http://www.thestrategylab.com/wrbtrader.htm & http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=11&t=6
CME Group Trade Against A Pro Futures Challenge: http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=360&t=4038
TheStrategyLab Reviews: http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=84&t=3167 & http://www.thestrategylab.com/thestrategylab-reviews.htm
Business Hours: 8am - 5pm est (Mon - Fri)
Telephone: +1 708 572-4885
wrbanalysis@gmail.com (24/7)
Twitter @ http://twitter.com/wrbtrader (24/7)
Stocktwits @ http://stocktwits.com/wrbtrader (24/7)

##TheStrategyLab primary purpose is for you to use the free chat room as a trade journal of your trades via you posting WRB Analysis of the price action you see on your monitors, posting price action analysis, ask real-time questions about WRB Analysis or posting your real-time trades (simulator or real money) in a timestamp environment after you've received confirmation from your broker trade execution platform. Simply, the free chat room is a trade journal of your trading day (thoughts and trades). In fact, if you think the only feedback you need is your broker statements and you decide to not discuss WRB Analysis nor post any real-time information about how you're viewing the markets nor post real-time trades...the free chat room will be a waste of your time and you will increase the odds of failing at trading...especially if you login to the free chat room and then just lurk (not say anything about your trading).

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 trade journal. 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.

This is not a signal calling (trade alerts) room. Our free chat room has never been advertised as a trade alerts room and we ban traders for attempting to use our chat room as a signal calling trade alerts room for the purpose to mimic/copy/piggyback trades posted by any of our members.

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 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

Our disclaimer statement applies to the website, forum, chat room and live screen sharing meeting @ http://www.thestrategylab.com/Disclaimer.htm


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

Bloomberg Markets: The Open Full Show (7/24/2019) @ https://www.bloomberg.com/news/videos/2019-07-24/-bloomberg-markets-the-open-full-show-07-24-2019-video

[09:32:01] * Now talking in ##TheStrategyLab
[09:32:03] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:36:50] <wrbtrader> Good morning...decent size gap on the open regular session charts
[09:37:09] <wrbtrader> in the Emini futures & Micro E-mini futures
[09:39:18] <wrbtrader> Recent month or two...strange correlations out of the gate between YM & NQ
[09:39:44] <wrbtrader> ES, NQ and YM rarely on the same page (correlated)
[09:40:01] <wrbtrader> right out of the gate because NQ or YM are doing something else
[09:40:05] <wrbtrader>
[10:14:50] <wrbtrader> Long Emini ES @ 3008.75 -> small size
[10:15:01] <wrbtrader> 3 contracts
[10:15:41] <wrbtrader> Emini futures traveling up the range of a most recent Long Upper Shadow interval
[10:16:13] <wrbtrader> Unfortunately there's a lot of contracting volatility in this price area
[10:16:54] <wrbtrader> Exited Emini ES Long @ 3007.75 --> - 1
[10:16:54] <wrbtrader> Reverse and Enter Short Emini ES @ 3007.75
[10:18:56] <wrbtrader> Covered all Emini ES Short @ 3008.25 --> - 0.5
[10:19:27] <wrbtrader> Long Emini ES @ 3008.75 -> small size
[10:19:43] <wrbtrader> 3 contracts re-entry
[10:20:16] <wrbtrader> still inside that newly develop range up here within the Long Upper Shadow interval
[10:21:53] <wrbtrader> Exited all Emini ES Long @ 3008.00 --> - 0.75
[10:22:47] <wrbtrader> Long Emini ES @ 3008.00 -> small size
[10:22:59] <wrbtrader> 3 contracts re-entry
[10:26:40] <wrbtrader> Not a good start even on small size and tight stop/loss
[10:32:01] <wrbtrader> small WRB pt1 reached
[10:33:45] <wrbtrader> Exited all Emini ES Long @ 3010.50 --> + 2.5
[10:37:35] <wrbtrader> Long Emini ES @ 3011.00 -> small size
[10:37:39] <wrbtrader> 1 contract
[10:39:45] <wrbtrader> Exited Emini ES Long @ 3012.25 --> + 1.25
[10:39:59] <wrbtrader> small WRB pt1 reached
[10:51:44] <wrbtrader> Shorts Emini ES @ 3009.00 -> small size
[10:51:52] <wrbtrader> 3 contracts
[10:52:53] <wrbtrader> increasing volatility on the retracement due to the huge drop in Emini YM
[10:53:32] <wrbtrader> It just stalled
[10:53:47] <wrbtrader> Covered all Emini ES Short @ 3009.00 --> 0
[10:54:37] <wrbtrader> Emini ES stalled at the most recent Up WRB Hidden GAP support area
[10:58:35] <wrbtrader> Shorts Emini ES @ 3008.50 -> small size
[10:58:38] <wrbtrader> 2 contracts
[10:58:55] <wrbtrader> back testing that S area
[10:59:52] <wrbtrader>
[11:02:56] <wrbtrader> Two key KMEs couldn't shake up the hornets nest @ 1000am est via the New Home Sales report and 1030am est via the EIA Crude Oil Inventories report
[11:03:17] <wrbtrader> WRB pt1 reached
[11:03:30] <wrbtrader> increasing volatility again
[11:07:32] <wrbtrader> tough price area right here
[11:10:40] <wrbtrader> Covered all Emini ES Short @ 3007.50 --> + 1
[11:18:19] <Donnin________> i fished my system but problem is its in the middle of the year already
[11:19:07] <Donnin________> im debating just waiting until next year to avoid unnecessary loss
[11:20:58] <wrbtrader> Shorts Emini ES @ 3007.25 -> small size
[11:21:21] <wrbtrader> 3 contracts
[11:21:40] <wrbtrader> Donnin...what does your system have to do with the middle of the year
[11:21:57] <wrbtrader> what do you meant by you're finish with it
[11:22:15] <Donnin________> the alert part of it
[11:22:47] <wrbtrader> Why not use it if you're finish with developing the alert part
[11:24:01] <Donnin________> well i made one final major change so system is finished from this past weekend
[11:24:20] <Donnin________> lets hope final is final
[11:24:41] <wrbtrader> You saying you now need to backtest it to see if this new system works
[11:25:12] <Donnin________> thats done very draining to keep backtesting
[11:25:21] <Donnin________> based on another change
[11:25:34] <wrbtrader> Were the backtesting results good
[11:25:57] <Donnin________> yes the best results with the least amount of trades
[11:26:24] <wrbtrader> Did you input any key concepts from WRB Analysis in your new system
[11:26:46] <Donnin________> thats where you come in
[11:27:29] <wrbtrader> I don't have access to your system and the only think I know is that you've been trying to "automate" something
[11:28:10] <Donnin________> i use wrbgh and wrb on the chart so that helps show me expanding and contracting markets
[11:28:45] <Donnin________> before or during or after a trade
[11:29:09] <Donnin________> so yes wb analysis helps on a psychological level
[11:29:48] <wrbtrader> Covered all Emini ES Short @ 3006.50 --> + 0.75
[11:30:21] <Donnin________> if i see a expanding market via wrbgh then that helps moral and stress
[11:30:28] <wrbtrader> Someone on Monday said the same thing and they've been using the WRB Analysis Free Study guide for about 5 years now.
[11:31:02] <wrbtrader> I didn't really understand it at first considering I don't talk about "Psychology" of the price action in WRB Analysis
[11:34:39] <wrbtrader> Meant...the psychology of the trader while using WRB Analysis
[11:35:00] <wrbtrader> Its not discussed in the WRB Analysis education resources
[11:35:56] <wrbtrader> Long Emini ES @ 3007.00 -> small size
[11:36:05] <wrbtrader> 2 contracts
[11:36:21] <Donnin________> right
[11:39:24] <wrbtrader> Emini ES futures has no retraced back above the R area of the two most recent Down WRB Hidden GAP intervals
[11:43:54] <wrbtrader> Exited all Emini ES Long @ 3007.25 --> + 0.25
[11:44:13] <wrbtrader> trail stop pick pocketed
[11:48:00] <wrbtrader> It sucks to see the VIX below 13 going into Earnings season and the hyped FED rate announcement next Wednesday
[11:48:54] <wrbtrader> If volatility can't get above 15 by Tuesday...something is wrong
[11:54:10] <wrbtrader> Shorts Emini ES @ 3006.50 -> small size
[11:54:17] <wrbtrader> 1 contract
[11:54:38] <wrbtrader> too scared to put any size on any trade for the rest of the day
[11:55:02] <wrbtrader> A little too many confusing price movements
[12:03:11] <wrbtrader> Covered Emini ES Short @ 3007.25 --> - 0.75
[12:18:46] <wrbtrader> Shorts Emini ES @ 2007.50 -> small size
[12:18:53] <wrbtrader> 1 contract
[12:22:00] <wrbtrader> Covered Emini ES Short @ 3008.00 --> - 1000.5
[12:22:00] <wrbtrader> Reverse and Enter Long Emini ES @ 3008.00
[12:22:16] <wrbtrader> correction...
[12:22:20] <wrbtrader> -0.50
[12:22:46] <wrbtrader> and I'm now Long @ 3008.00
[12:23:52] <wrbtrader> RTY futures started getting unusual volatility to take it much higher...more volatility than the rest of the Eminis
[12:24:12] <wrbtrader> I figure the other Eminis will try to chase it a little
[12:26:19] <wrbtrader> WRB pt1 reached
[12:26:34] <wrbtrader> Exited Emini ES Long @ 3009.50 --> + 1.5
[13:48:55] <wrbtrader> be right back...need to reboot
-
[14:00:42] * Now talking in ##TheStrategyLab
[14:18:26] <wrbtrader> Long Emini ES @ 3013.75 -> small size
[14:18:35] <wrbtrader> 1 contract
[14:34:07] <wrbtrader> Exited Emini ES Long @ 3016.25 --> + 2.5
[14:34:15] <wrbtrader> WRB pt1 reached
[14:35:48] <wrbtrader> Emini NQ futures came within 1 point of the intraday high back on July 15th
[14:36:42] <wrbtrader> meant within 1 point of the the all session high...it happen in the night trading session
[15:22:29] <wrbtrader> Today's uptrend winners was a runnawy...Emini NQ and Emini RTY futures
[15:32:48] <wrbtrader> Long Emini ES @ 3019.25 -> small size
[15:32:58] <wrbtrader> 1 contract
[15:33:30] <wrbtrader> tight stop because I'm expecting a volatility spike just in case it spikes downward against me
[15:35:44] <wrbtrader> Exited Emini ES Long @ 3019.00 --> - 0.25
[15:36:58] <wrbtrader> Long Emini ES @ 3019.00 -> small size
[15:37:01] <wrbtrader> 1 contract re-entry
[15:41:16] <wrbtrader> What's one of those old market sayings...
[15:41:29] <wrbtrader> Never short a slow grinding Up Trend Day
[15:42:37] <wrbtrader> Exited Emini ES Long @ 3020.75 --> + 1.75
[15:42:41] <wrbtrader> WRB pt1 reached
[16:00:38] <wrbtrader> Good trading day but I'm in the defensive mode.
[16:01:18] <wrbtrader> No aggressive trading, lowered overall position size and respect the WRB pt1's when they appear
[16:02:01] <wrbtrader> VIX is just too low going into the Earnings season and with the pending FOMC Rate Announcement that's been HYPED up for next Monday
[16:02:10] <wrbtrader> Take care all and see all tomorrow
Session Close

Bloomberg Markets: The Close Full Show (7/24/2019) @ https://www.bloomberg.com/news/videos/2019-07-24/-bloomberg-markets-the-close-full-show-7-24-2019-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.


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

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=2844

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 or http://stocktwits.com/wrbtrader

Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
wrbanalysis@gmail.com (24/7)
Twitter @ http://twitter.com/wrbtrader (24/7)
Stocktwits @ http://stocktwits.com/wrbtrader (24/7)