Price Action Trading (no technical indicators)
Phone: +1 708 572-4885
Free Chat Room:
http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164Business Hours: 8am - 5pm est (Mon - Fri)
wrbanalysis@gmail.com (24/7)
http://twitter.com/wrbtrader (24/7)
http://stocktwits.com/wrbtrader (24/7)
##TheStrategyLab primary purpose is for you to post your WRB Analysis, post your price action action analysis, ask real-time questions about WRB Analysis or post your real-time trades in a timestamp environment...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...the free chat room will be a waste of your time and you will increase the odds of
failing at 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
your use of
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) merged with
your trade methods to improve the performance of their trade methods regardless if you're a
position trader, swing trader or day trader. Therefore, you're welcome to use the free chat room to ask questions about WRB Analysis, post your 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 Review - This is
not a signal calling trading room. We have no interest in trading rooms where a head trader tells other traders when to buy and sell because the business model for such isn't suitable for helping traders to succeed as independent traders. This chat room is
free and many years ago it was started by users of WRB Analysis. Our job is to
moderate (keep the peace between members) the chat room and to answer any questions involving WRB Analysis. Once again, the
purpose of the free chat room is 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 thoughts and how you interacted with the markets on any given trading day in the past. Therefore, if you use the 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. Thus, the usefulness of ##TheStrategyLab chat room is determined via
your participation in the chat room.
Yet, you're
not require to use the free chat room as a trade journal to get help with your trading. Instead, as recommended by some users of WRB Analysis, you can use professional journal services such as tradervue, edgewonk, tradebench or tradingdiarypro for your statistical analysis
in combo with our
chat room or your
private thread to discuss with us the statistical analysis of your trading so that we can help you to improve your use of WRB Analysis. You can then request a private thread for you to share the professional journal analysis of your trading with us for us to review. Therefore, you have many choices. You can use our chat room (you maintain your own statistics) as a trade journal or you can use professional trade journal services to do the work for you.
Also, do
not attempt to use our chat room as a signal calling trade room via trying to mimic (copy) trades posted by members. If you do such, you will be KICKED from the chat room without warning. In fact, most of the negative commentary about TheStrategyLab website is by traders
after we've removed them from the free chat room, removed them from the forum or removed them from the website for violating our
terms of use policy.
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.
With that said, thanks for
reviewing (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 Attachment:
090616-Key-Price-Action-Markets.png [ 1.05 MiB | Viewed 318 times ]
click on the above image to view today's price action of key markets Session Start: Tue Sep 06 09:31:35 2016
Session Ident: ##TheStrategyLab
[09:31:35] * Now talking in ##TheStrategyLab
[09:31:35] * 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'[09:31:35] * Set by wrbtrader on Fri Dec 26 09:39:03 2014
[09:31:35] ##TheStrategyLab url is
http://www.thestrategylab.com/tsl/forum/[09:40:12] <efloortrader7> Gm, Everyone.
[09:40:30] <mtntrader____> Morning
[09:40:31] <efloortrader7> Short ZB @ 69-25 1 lot
[09:45:58] <wrbtrader> KME today at 1000am est
[09:51:41] <wrbtrader> Not a pretty open for the Emini futures except for Emini NQ futures
[09:55:21] <efloortrader7> ZB Stop Locked in at 69-23 looking for an exit of 69-10 for +15
[10:11:27] <werner1>
all
[10:11:51] <efloortrader7> well gave me a run for my money lol
[10:13:39] <wrbtrader> Markets has open up especially in the Forex EurUsd and GbpUsd currencies
[10:13:50] <wrbtrader> nice volatility in those key markets
[10:14:29] <wrbtrader> Yeah...nice strong spike in Treasury ZB futures
[10:15:29] <wrbtrader> now contracting in that upper range just above the R area of its most recent Up WRB Hidden GAP interval
[11:17:09] <werner1> Long Emini NQ @ 4811.50
[11:20:06] <werner1> Exited all Emini NQ Long @ 4811.00 --> - 0.5
[11:22:01] <Tigerman____>
all
[11:22:20] <werner1> Long Emini NQ @ 4812.50
[11:22:26] <Tigerman____> lg spy 218.29 small
[11:26:55] <Tigerman____> exit 2/3 @ 218.36 +7tk
[11:26:59] <werner1> Exited all Emini NQ Long @ 4813.75 --> + 1.25
[11:27:22] <werner1> wrb pt 1
[11:33:41] <Tigerman____> exit all rem @ 218.41 +12 tks
[11:34:25] <Tigerman____> to able to reach higher target
[11:34:43] <Tigerman____> regardless low vola
[11:35:37] <Tigerman____> again new record in many vola instruments I follow
[11:36:06] <Tigerman____> I suspect something odd these days
[11:36:28] <Tigerman____> unreal situation
[11:49:52] <Tigerman____> alert big spike in e-minies
[11:50:03] <werner1> Long Emini NQ @ 4817.75
[12:00:32] <werner1> Exited all Emini NQ Long @ 4820.75 --> + 3
[12:19:23] <wrbtrader> Sorry...I just woke up from a long needed moring rest.
[12:19:59] <wrbtrader> One of my kids had a lot of difficulty
ing...keeping me awake most of the night.
[12:20:33] <wrbtrader> He was visiting a friends house yesterday and they watched a Zombie movie and then last night he had repetitive bad scary dreams
[12:20:50] <Tigerman____> hi wrbtrader
[12:21:29] <Tigerman____> wow it remainds me a sit comedy show
[12:21:58] <Tigerman____> where a boy walk in
after a zombie movie
[12:22:38] <Tigerman____> yeah after a difficult night be able to
in morning is a good thing
[12:23:51] <wrbtrader> I only wanted to
until 1030am est but woke up at 12noon est
[12:24:51] <Tigerman____> yeah simply your body need it
[12:56:00] <KhaosTrader> happens to me all the time wb.. as we get older, we need more rest it seems...
[12:56:50] <KhaosTrader> especially if i drink coffee a lot, i get that when the caffine wears off
[13:02:54] <wrbtrader> Agree...
[13:03:25] <wrbtrader> I think its also a lot to do with the mental tireness associated with a family
[13:03:38] <Tigerman____> what is important is quality of
[13:04:14] <wrbtrader> When I was young and single...I was partying with friends at night and trading the entire next day market session
[13:04:18] <Tigerman____> for that we need body and mind optimum level
[13:04:22] <wrbtrader> Very easy to do
[13:04:28] <wrbtrader> Can't do that now
[13:04:39] <wrbtrader> If I tried...I'll have a mental breakdown
[13:05:27] <Tigerman____> yeah the only way is using some chemical add
[13:05:39] <Tigerman____> herbs can help
[13:06:19] <Tigerman____> most doctors unware of bio-chemistry
[13:10:39] <Tigerman____> take care all see next time
[13:44:03] <wrbtrader> Not sure whom in here trades or monitors Gold GC futures...
[13:44:10] <wrbtrader> Its off he map upwards
[13:50:00] <werner1> [18:55] <KhaosTrader> happens to me all the time wb.. as we get older, we need more rest it seems...
[13:50:09] <werner1> [19:03] <wrbtrader> When I was young and single...I was partying with friends at night and trading the entire next day market session
[13:50:31] <werner1> [19:03] <Tigerman____> for that we need body and mind optimum level
[13:50:31] <werner1> [19:03] <wrbtrader> Very easy to do
[13:50:32] <werner1> [19:03] <wrbtrader> Can't do that now
[13:50:32] <werner1> [19:03] <wrbtrader> If I tried...I'll have a mental breakdown
[13:50:39] <werner1> [19:03] <Tigerman____> for that we need body and mind optimum level
[13:50:40] <werner1> [19:03] <wrbtrader> Very easy to do
[13:50:40] <werner1> [19:03] <wrbtrader> Can't do that now
[13:50:40] <werner1> [19:03] <wrbtrader> If I tried...I'll have a mental breakdown
[13:50:50] <werner1> sorry
[13:51:08] <werner1> and here I thought I had it only
[13:51:16] <werner1>
(((
[13:51:53] <wrbtrader> Yeah, kids, labor day activities and a big football game...
[13:52:13] <wrbtrader> Then finally the
less night last night
[13:52:23] <wrbtrader> I was doomed for today
[13:52:48] <werner1> yea is know it
[13:58:54] <werner1> here there is a lot of discussion in my famly about ...please do not disturb me.... but kids have so many impact on me ....that a always think ...i must help them...
[14:02:14] <werner1> so the kids and my wife come first ...and after that ...my trades.....pffff
[14:05:13] <werner1> it is difficult trading for me
[14:06:31] <werner1> mental ...
[14:09:57] <werner1> and my kids are 21 and 18 years old...today i went to tha airport to get my son and his girlfrend from a vacation but i lost the focus on the market...mental ...
[14:31:23] <werner1> Long Emini NQ @ 4822.75
[14:44:21] <werner1> Exited all Emini NQ Long @ 4820.75 --> - 2
[14:53:33] <werner1> Long Emini NQ @ 4822.00
[14:55:46] <werner1> Exited all Emini NQ Long @ 4823.75 --> + 1.75
[15:45:44] <werner1> gn all
[15:52:10] <werner1> gn all
[19:20:19] * Disconnected
Session Close: Tue Sep 06 19:20:20 2016
-------------------------
##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.
Quote:
The free chat room is not a signal calling trading room and we do not believe in the business model of a head trader telling other traders when to buy and sell. Its a flawed approach to trading in which a trader can not learn how to be a successful independent trader.
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
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.
Review of TheStrategyLab
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 (24/7)
http://twitter.com/wrbtrader (24/7)
http://stocktwits.com/wrbtrader (24/7)