##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
Skype: kebec2002
Business Hours: 8am - 5pm est (Mon - Fri)
wrbanalysis@gmail.com (24/7)
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Twitter Search Hashtags: #PriceAction, #ES_F, #YM_F, #NQ_F, #volatility, #emini, #futures, #fomc, #VIX, #thestrategylab, #wrbanalysis, #SPY, #SP500, #MicroEmini, #trading, #markets, #daytrading, #swingtrading
Stocktwits @ http://stocktwits.com/wrbtrader (24/7)
TradingView @ https://www.tradingview.com/u/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).

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 ##TheStrategyLab free 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 (02/27/2020) @ https://www.bloomberg.com/news/videos/2020-02-27/-bloomberg-the-open-full-show-2-27-2020-video

[09:30:21] * Now talking in ##TheStrategyLab
[09:30:51] <Trendtrader> all
[09:31:02] <Tigerman_____> all
[09:31:07] <Tigerman_____> markets in panic
[09:31:32] <Trendtrader> indeed!
[09:32:52] <Tigerman_____> simply everyone is scred off
[09:33:14] <wrbtrader> Yes and that silly speech by Trump last night did not help via all of his "downplaying" while hospitals are not downplaying and he's still closing off entry into the U.S.
[09:33:28] <wrbtrader> He can't close things off and then say not to worry
[09:33:30] <Tigerman_____> my concern is the fast retrace in futures can hit my trades a give fast los
[09:33:56] <Tigerman_____> wrbtrader and all simply the virus is everywhere right now
[09:34:09] <Tigerman_____> not so easy get protection
[09:34:21] <wrbtrader> Technically, its hard to stop someone from boarding a plane if they don't show symptoms at the time of their flight but then show symptoms after they arrive to their destination a few days later
[09:34:40] <Tigerman_____> early january they alert the world nobody put quarantine
[09:35:10] <wrbtrader> By the way...the Emini futures have hit some old FOMC WRB Analysis pivot points
[09:35:21] <wrbtrader> That's a huge retracement
[09:36:44] <Tigerman_____> more and more small retailer will sell their funds
[09:36:58] <Tigerman_____> money in mutual funds
[09:37:19] <Tigerman_____> this is the worst crisis ever in last decades
[09:37:54] <Tigerman_____> if just economic ..less issue THIS is regard everybody Health!!!
[09:38:31] <wrbtrader> Long Emini ES @ 3058.25 -> small size
[09:38:47] <wrbtrader> 3 contracts
[09:39:06] <wrbtrader> counter-trend trade
[09:39:35] <wrbtrader> Emini futures bouncing off those FOMC pivot points
[09:39:55] <wrbtrader> WRB pt1 reached
[09:40:36] <wrbtrader> Exited all Emini ES Long @ 3064.00 --> + 5.75
[09:40:49] <wrbtrader> trail stop picked pocketed
[09:42:31] <wrbtrader> Shorts Emini ES @ 3060.00 -> large size
[09:42:41] <wrbtrader> 10 contracts
[09:43:05] <wrbtrader> retracing back down toward those pivot points
[09:45:27] <wrbtrader> WRB pt1 reached via the old FOMC pivot point
[09:46:00] <wrbtrader> now below
[09:46:08] <wrbtrader> Covered all Emini ES Short @ 3045.75 --> + 14.25
[09:46:29] <wrbtrader> Shorts Emini ES @ 3043.00 -> small size
[09:46:35] <wrbtrader> 1 contract re-entry
[09:47:01] <wrbtrader> Covered Emini ES Short @ 3038.75 --> + 4.25
[09:47:05] <wrbtrader> Wow
[09:47:10] <wrbtrader> Crazy
[09:47:45] <wrbtrader> Dow barely 15 minutes after the Open and its already down -610 points
[09:47:47] <wrbtrader> Unreal
[09:49:02] <wrbtrader> VIX > 33
[09:49:05] <Tigerman_____> wow crazy action very fast
[09:49:11] <wrbtrader> Volatility is still rising
[09:49:14] <Tigerman_____> I did a dozen trades so far
[09:49:31] <Tigerman_____> I have to calm down because stress is rising
[09:49:43] <Tigerman_____> mostly trades on mES
[09:49:44] <wrbtrader> Normal in global situations (crisis)
[09:49:55] <Tigerman_____> very fast action
[09:52:53] <wrbtrader> People going out to buy Clorox Bleach
[09:53:13] <wrbtrader> I bought 10 bottles back in early January
[09:53:28] <wrbtrader> Stores here in Quebec are now sold out
[09:53:53] <wrbtrader> I was in the Hospital yesterday for my appointments...it was almost like a ghost town.
[09:54:01] <Tigerman_____> wrbtrader... about your stats how do you consider and write down trades with 1 contract vs more contracts size they are different as point results...of course the same as win/loss ratio
[09:54:01] <wrbtrader> I've never seen anything like this before
[09:55:09] <Tigerman_____> yeah here supermarkets most empty in many towns...disinfectant and mask sold out
[09:55:10] <wrbtrader> I keep track of the pencentage of winners for 1 contract, 2 contracts, 3 contracts, 5 contracts and 10 contracts.
[09:55:28] <wrbtrader> I also keep track of WRB pt1, WRB pt2 and WRB pt3
[09:55:56] <wrbtrader> My stats shows that my trading improves when I'm larger size positions versus small size positions
[09:56:07] <Tigerman_____> ok so you mantain different stats for win/loss for the same day
[09:56:19] <wrbtrader> Obviously I'm putting more size on trades that I have the most confident in its results
[09:56:43] <wrbtrader> Yes but I don't do it every day with those type of stats
[09:56:49] <wrbtrader> Too much of a pain in the butt
[09:57:15] <Tigerman_____> I on contrary I have better results on small size sometimes mostly because more relaxed vs fera when bigger money on table
[09:59:36] <wrbtrader> Grocery stores here now have expanded to a lot of stuff on sales
[10:00:22] <wrbtrader> Prior much it was mainly Asian food products...now its everything down to beef, vegatables, can vegetables, tuna
[10:00:44] <wrbtrader> Tuna here is normally about $4.50 per can
[10:01:02] <wrbtrader> It's on sale as $1.05 per can
[10:01:26] <wrbtrader> 24 rolls Toilet Paper normally about $17.00
[10:01:45] <wrbtrader> Now on sales for $6.50
[10:02:06] <wrbtrader> The one thing that has not change...
[10:02:12] <wrbtrader> Cost of medicine
[10:03:03] <wrbtrader> I wouldn't be surprise if it starts impacting Jobs...more people getting laid off
[10:03:20] <Tigerman_____> I have to start prepare my own disinfectant wit alcool
[10:03:47] <Tigerman_____> before finishing the ready one (gel)
[10:04:06] <wrbtrader> Grocery stores here starting to put those "hands disinfectant things on the walls next to the shopping carts
[10:04:34] <Tigerman_____> here they are sold out from weeks
[10:05:40] <wrbtrader> Shorts Emini ES @ 3040.75 -> small size
[10:05:47] <wrbtrader> 3 contracts
[10:05:50] <Tigerman_____> what is disturbing is the FACT istitutionals gov was not prepared and minimize issue till the panic these days
[10:06:22] <wrbtrader> Will hold...bad entry
[10:06:35] <wrbtrader> trade error on the signal
[10:06:55] <wrbtrader> Covered all Emini ES Short @ 3040.50 --> + 0.25
[10:07:08] <wrbtrader> trail stop hit
[10:07:59] <wrbtrader> Market Depth still declining
[10:08:09] <Tigerman_____> wrbtrader any issue with your fill on ES I got many issue today with mES
[10:08:29] <Tigerman_____> that confirme price action is very FAST
[10:08:52] <wrbtrader> I've only had one problematic entry today...the Long position
[10:08:57] <Tigerman_____> price junped over my already limit order target by 4-5ticks
[10:09:11] <Tigerman_____> scary
[10:09:50] <wrbtrader> I marketed in when ES was @ 3057.00 but got filled @ 3058.25
[10:10:17] <wrbtrader> I marketed in on Down ticks
[10:10:27] <wrbtrader> That was a scary fill for me
[10:10:47] <wrbtrader> Shorts Emini ES @ 3040.50 -> small size
[10:10:56] <wrbtrader> 3 contracts intuition
[10:11:24] <wrbtrader> Covered all Emini ES Short @ 3042.00 --> - 1.5
[10:11:36] <wrbtrader> trail stop picked pocketed
[10:13:27] <wrbtrader> Long Emini ES @ 3045.00 -> small size
[10:13:31] <wrbtrader> 3 contracts
[10:15:08] <wrbtrader> Exited all Emini ES Long @ 3046.00 --> + 1
[10:15:16] <wrbtrader> trail stop hit
[10:15:33] <wrbtrader> Long Upper Shadows now
[10:16:54] <wrbtrader> Support area of the contracting volatility being retested
[10:17:15] <wrbtrader> Shorts Emini ES @ 3040.00 -> large size
[10:17:20] <wrbtrader> 10 contracts
[10:17:41] <wrbtrader> bouncing around
[10:18:23] <wrbtrader> Covered all Emini ES Short @ 3041.00 --> - 1
[10:18:41] <wrbtrader> Shorts Emini ES @ 3041.50 -> large size
[10:18:48] <wrbtrader> 10 contracts re-entry
[10:19:26] <wrbtrader> fast moving around in those bounces
[10:19:43] <wrbtrader> Covered all Emini ES Short @ 3039.00 --> + 2.5
[10:19:53] <wrbtrader> small WRB pt1 reached
[10:20:23] <wrbtrader> Scared out of the position because its bouncing around too much at that support area of the contracting volatility
[10:21:35] <wrbtrader> Trying to move down the range of recent Long Lower Shadow intervals that formed when it was bouncing around
[10:22:10] <wrbtrader> Shorts Emini ES @ 3037.00 -> small size
[10:22:12] <wrbtrader> 1 contract
[10:22:42] <wrbtrader> Covered Emini ES Short @ 3038.00 --> - 1
[10:22:46] <wrbtrader>
[10:22:51] <wrbtrader> geeesh...too fast
[10:23:03] <wrbtrader> Shorts Emini ES @ 3037.00 -> small size
[10:23:11] <wrbtrader> 1 contract re-entry
[10:23:24] <wrbtrader> small WRB pt1 reached
[10:24:09] <wrbtrader> Covered Emini ES Short @ 3029.50 --> + 7.5
[10:24:22] <wrbtrader> Ok...I'm done for the day
[10:24:38] <wrbtrader> Those last 3 trades were spooky to me
[10:25:02] <wrbtrader> Price action moved too fast for me...too difficult to move my trail stops
[10:25:43] <wrbtrader> Dow now -753 points
[10:25:48] <wrbtrader> Crazy
[10:27:23] <Tigerman_____> yeah me tto fast action price jumped on my target in nanosecobds scary !!
[10:27:47] <Tigerman_____> trade before put me out of my hard stop too
[10:29:37] <Tigerman_____> Dax is at same level 5years ago!!
[10:30:19] <Tigerman_____> VIX now above 34
[10:34:14] <wrbtrader> I'm surprise that the VIX is not > 40
[10:34:46] <wrbtrader> in context to how much of a decline there has been along with the record highs in Gold
[10:35:22] <Tigerman_____> strong downtrend indeed
[10:37:12] <Tigerman_____> big up wrb in ES now
[10:37:42] <Tigerman_____> try to climb most recent dark wrb hg
[10:39:30] <Tigerman_____> lg ES 3023 CFD
[10:39:51] <Tigerman_____> I m more relaxed I can post some testing trades
[10:40:13] <Tigerman_____> exit 2/3 @ 3027 +4p
[10:41:21] <Tigerman_____> exit all @ 3028 +5p
[10:41:45] <Tigerman_____> yeah I m more relaxed when tiny money is on the table
[10:42:09] <Tigerman_____> overcoming the fear is a good goal x the trader
[10:46:43] <wrbtrader> Got another White Out Blizzard here
[10:47:01] <wrbtrader> No school today for the kids
[10:47:21] <wrbtrader> A little hectic here at home with the kids goofing around
[10:47:48] <Tigerman_____> Japan seems close schools till end of Marh
[10:47:54] <Tigerman_____> March
[10:57:48] <Tigerman_____> lg ES 3044.75
[10:58:13] <Tigerman_____> exit 273 @ 3046.75 +2p
[11:00:01] <Tigerman_____> lg ES 3049.5 add
[11:03:09] <Tigerman_____> exit all @ 3062.75 +18p first entry
[11:04:51] <Tigerman_____> exit all @ 3062.75 +13.25p for second entry add
[11:05:12] <Tigerman_____> impressive up move from today low
[11:05:36] <Tigerman_____> that trade above is a CFD contract not Big ES
[11:06:19] <Tigerman_____> infact when I ll be better and ready I ll try put bigger contract also later in the day
[11:06:57] <Tigerman_____> right now I try hard not lose what good I done in first minutes from open
[11:08:17] <Tigerman_____> lg ES 3062
[11:08:41] <Tigerman_____> exit 2/3 @ 3066 +4p
[11:09:44] <Tigerman_____> exit all rem 1/3 @ 3067 +5p CFD contract
[11:27:41] <wrbtrader> Tigerman...you've been trading CFDs this year only
[11:39:24] <Tigerman_____> hi wrbtrader....no I traded them for many years
[11:40:35] <Tigerman_____> I using them ONLY for trading low size
[11:41:12] <Tigerman_____> I use another broker
[11:42:29] <Tigerman_____> after this phase I ll try to use mainly mES for my testing trades....when to scare to use bigger size
[12:06:16] <Tigerman_____> lg ES 3065
[12:06:22] <Tigerman_____> cfd trade
[12:06:55] <Tigerman_____> exit 2/3 @ 3068 +3p
[12:07:28] <Tigerman_____> exit all @ 3066 +1p trail hit
[12:08:23] <Tigerman_____> lg ES 3067 re-entry CFD
[12:12:26] <Tigerman_____> exit all @ 3077 +10p
[12:40:07] <wrbtrader> That's a V shape retracement back upwards
[12:40:18] <wrbtrader> Very impressive
[12:40:48] <wrbtrader> Emini YM futures went back above the FOMC WRB Analysis pivot point around 1156am est
[12:41:13] <wrbtrader> Price @ 26400
[13:36:35] <Tigerman_____> sh ES 3065 CFD
[13:37:44] <Tigerman_____> exit 2/3 @ 3058 +7p
[13:40:17] <Tigerman_____> exit all rem @ 3058 +7p
[13:40:30] <Tigerman_____> ok usually I m not here this time
[13:41:58] <Tigerman_____> simply after finish my docs did a more trade with increase vola
[13:42:06] <Tigerman_____> ok take cae all see next time
[16:53:05] <wrbtrader> Dow -1190 points today...Wow Again
[16:53:48] <wrbtrader> Take care all and see you tomorrow (I think)...I'm not sure if I'll take off tomorrow or Monday
Session Close

Bloomberg Markets: The Close' Full Show (02/28/2020) @ https://www.bloomberg.com/news/videos/2020-02-28/-bloomberg-markets-the-close-full-show-2-27-2020-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

Phone: +1 224 307-4434
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
wrbanalysis@gmail.com (24/7)