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)
Twitter @
http://twitter.com/wrbtrader (24/7)
Twitter Search Hashtags: #PriceAction, #ES_F, #YM_F, #NQ_F, #volatility, #emini, #futures, #fomc, #VIX, #thestrategylab, #wrbanalysis, #wrbzone #wrbhiddengap #EconomicCalendar #SPY, #SP500, #MicroEmini, #cmegroup #trading, #daytrading, #swingtrading
Stocktwits @
http://stocktwits.com/wrbtrader (24/7)
TradingView @
https://www.tradingview.com/u/wrbtrader (24/7)
Recent Past TheStrategyLab chat room excerpt image to the left
@ http://www.thestrategylab.com/images/062620-thestrategylab-wrbtrader-chat-room-review.png Complete text chat logs below##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).
TheStrategyLab 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 TheStrategyLab 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 room 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.
Yet, be aware that many traders (including me) are posting redacted screenshots of timestamp trade fills in broker trade execution platform and quantitative statistical analysis of the trade performance via WRB Analysis in
private thread at the forum. I use the timestamp redacted screenshots to verify if a trader is correctly using WRB Analysis...info I can not get from their broker statements alone.
Remember this too...most users of WRB Analysis do
not use the free chat room but they still are posting their DOKs to verify their understanding of WRB Analysis and posting redacted screenshots of timestamp trade fills (simulator or real money) in broker trade execution platform to verify trade performance in their
private thread.
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 Attachment:
082321-TheStrategyLab-Key-Markets.png [ 6.32 MiB | Viewed 110 times ]
click on the above image to view today's price action of key markets Bloomberg Markets: The Open Full Show (08/23/2021)
@ https://www.bloomberg.com/news/videos/2021-08-23/-bloomberg-the-open-full-show-08-23-2021-video [09:31:44] * Now talking in ##TheStrategyLab
[09:31:44] * Topic is 'Room for users of WRB Analysis @
http://www.thestrategylab.com/tsl/forum ... 119&t=718'[09:31:44] * Set by wrbtrader on Wed Jun 23 14:22:51 2021
[09:31:45] * ChanServ sets mode: +o wrbtrader
[09:32:12] <@wrbtrader> Good morning...
[09:32:45] <wdekadt> good morning
[09:34:57] <wdekadt> back
[09:35:14] <wdekadt> wdekadt=werner
[09:47:55] <@wrbtrader> Ok...thanks
[09:53:09] <@wrbtrader> trying to do a Short Squeeze here
[09:53:58] <@wrbtrader> Long Emini ES @ 4464.50 -> medium size
[09:54:06] <@wrbtrader> 5 contracts
[09:55:57] <@wrbtrader> Exited all Emini ES Long @ 4466.25 --> + 1.75
[09:56:11] <@wrbtrader> small WRB pt1 reached
[09:56:25] <wdekadt> yep
[09:56:50] <@wrbtrader> near the R area of the most recent Long Upper Shadow interval
[09:57:25] <@wrbtrader> Shorts Emini ES @ 4465.00 -> large size
[09:57:32] <@wrbtrader> 10 contracts
[09:57:57] <@wrbtrader> early entry
[09:58:54] <@wrbtrader> retested the R area again
[09:59:53] <@wrbtrader> Covered 1/2 Emini ES Short @ 4466.25 --> - 1.25
[10:00:07] <@wrbtrader> Covered Remainder Emini ES Short @ 4466.75 --> - 1.75
[10:00:28] <@wrbtrader> again retest of the R area
[10:00:53] <@wrbtrader> Shorts Emini ES @ 4466.00 -> medium size
[10:01:01] <wdekadt> Shorts Emini NQ @ 15197
[10:01:02] <@wrbtrader> 5 contracts re-entry
[10:01:38] <wdekadt> Covered all Emini NQ Short @ 15201.00 --> - 4
[10:02:04] <@wrbtrader> Covered all Emini ES Short @ 4468.50 --> - 2.5
[10:02:27] <@wrbtrader> Long Emini ES @ 4470.00 -> medium size
[10:02:36] <@wrbtrader> 5 contracts
[10:02:40] <@wrbtrader> intuition
[10:03:13] <@wrbtrader> Exited all Emini ES Long @ 4471.00 --> + 1
[10:03:19] <@wrbtrader> early exit
[10:04:42] <@wrbtrader> Long Emini ES @ 4471.00 -> medium size
[10:04:45] <@wrbtrader> 5 contracts re-entry
[10:05:24] <@wrbtrader> Exited all Emini ES Long @ 4471.50 --> + 0.5
[10:05:37] <@wrbtrader> early exit
[10:05:41] <@wrbtrader> not a WRB pt1
[10:08:32] <wdekadt> Shorts Emini NQ @ 15230
[10:11:40] <wdekadt> wrb pt1
[10:14:06] <wdekadt> Covered all Emini NQ Short @ 15225 --> + 5[10:20:20] <@wrbtrader> Eminis still Short Squeezing...amazing
[10:20:34] <wdekadt> indd
[10:20:45] <@wrbtrader> now its showing contracting volatility
[10:21:21] <wdekadt> not nq
[10:21:52] <wdekadt> maybe now
[10:23:29] <@wrbtrader> Emini ES now showing some cracks in that Short Squeeze
[10:26:12] <@wrbtrader> Long Emini ES @ 4474.75 -> medium size
[10:26:22] <@wrbtrader> 5 contracts intuition
[10:27:41] <@wrbtrader> Exited all Emini ES Long @ 4475.00 --> + 0.25
[10:27:47] <@wrbtrader> bailed
[10:28:14] <wdekadt> Shorts Emini NQ @ 15252.00
[10:29:38] <wdekadt> wrb pt1
[10:29:52] <@wrbtrader> Shorts Emini ES @ 4473.00 -> medium size
[10:30:01] <@wrbtrader> 5 contracts
[10:30:09] <wdekadt> Covered all Emini NQ Short @ 15241.00 --> + 11[10:30:12] <@wrbtrader> poor entry
[10:32:45] <@wrbtrader> Covered all Emini ES Short @ 4472.50 --> + 0.5
[10:32:53] <@wrbtrader> trail stop picked
[10:34:10] <@wrbtrader> Long Emini ES @ 4473.50 -> medium size
[10:34:18] <@wrbtrader> 5 contracts
[10:34:35] <@wrbtrader> poor entry
[10:36:52] <@wrbtrader> Exited all Emini ES Long @ 4474.00 --> + 0.5
[10:37:04] <@wrbtrader> bailed
[10:39:21] <wdekadt> Shorts Emini NQ @ 15253
[10:39:48] <wdekadt> Covered all Emini NQ Short @ 15256.00 --> - 3
[10:48:31] <@wrbtrader> This is turning into a slow melt up of contracting volatility intervals
[10:48:44] <@wrbtrader> For Emini ES and NQ
[10:55:31] <wdekadt> Shorts Emini NQ @ 15270.00
[10:56:07] <wdekadt> last trade
[10:59:51] <wdekadt> inipini wrbpt 1
[11:00:55] <wdekadt> Covered all Emini NQ Short @ 15272.00 --> - 2
[11:03:00] <wdekadt> Shorts Emini NQ @ 15270.00
[11:03:57] <wdekadt> wrb pt 1
[11:06:00] <@wrbtrader> Emini ES still in a melt up price action
[11:06:05] <wdekadt> Covered all Emini NQ Short @ 15265.00 --> + 5[11:06:16] <@wrbtrader> It's been a long time since I've traded this type of price action
[11:06:37] <wdekadt> pff me too
[11:06:56] <wdekadt> very fustrating
[11:08:42] <@wrbtrader> Long Emini ES @ 4478.00 -> medium size
[11:08:50] <@wrbtrader> 5 contracts
[11:09:33] <wdekadt> done
take care..... maybe back tomorrow here
[11:12:09] <@wrbtrader> Exited all Emini ES Long @ 4479.00 --> + 1
[11:12:22] <@wrbtrader> early exit
[11:12:27] <@wrbtrader> not a WRB pt1
[11:12:52] <@wrbtrader> tough trades to hold in a slow grind upwards
[12:32:04] <@wrbtrader> Long Emini ES @ 4482.75 -> medium size
[12:32:11] <@wrbtrader> 2+3 contracts
[12:34:33] <@wrbtrader> Exited all Emini ES Long @ 4483.00 --> + 0.25
[12:34:53] <@wrbtrader> forced to bail again
[14:36:10] <@wrbtrader> Long Emini ES @ 4482.25 -> medium size
[14:36:18] <@wrbtrader> 5 contracts
[15:09:29] <@wrbtrader> Exited all Emini ES Long @ 4484.00 --> + 1.75
[15:09:44] <@wrbtrader> not a WRB pt1...bailed
[15:12:40] <@wrbtrader> Battle my way back into the green today...tough to do with most of today's price movement have been via contracting volatility price action.
[15:13:11] <@wrbtrader> In fact, were' way below the average number of daily WRB Hidden GAP intervals
[15:30:19] <@wrbtrader> Long Emini ES @ 4481.75 -> medium size
[15:30:30] <@wrbtrader> 5 contracts
[15:30:43] <@wrbtrader> will be a tough trade in this contracting volatility
[15:34:40] <@wrbtrader> Exited all Emini ES Long @ 4483.50 --> + 1.75
[15:34:49] <@wrbtrader> WRB pt1 reached
[15:55:11] <@wrbtrader> Shorts Emini ES @ 4479.25 -> medium size
[15:55:22] <@wrbtrader> 5 contracts
[15:57:59] <@wrbtrader> Covered all Emini ES Short @ 4475.75 --> + 3.5 [15:58:20] <@wrbtrader> WRB pt1 reached
[16:00:04] <@wrbtrader> Take care and see you tomorrow
