##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 (7/25/2019) @ https://www.bloomberg.com/news/videos/2019-07-25/-bloomberg-markets-the-open-full-show-07-25-2019-video

[09:28:09] * Now talking in ##TheStrategyLab
[09:28:09] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
[09:32:34] <Tigerman> downtrend in overnight session
[09:32:39] <Tigerman> in ES Nq
[09:44:13] <wrbtrader> Good morning all
[09:47:16] <Tigerman> hi wrbtrader
[09:47:27] <Tigerman> today Ym is the weakest
[09:47:41] <Tigerman> fall a lot vs others
[09:47:48] <Tigerman> VIX rising
[09:48:00] <wrbtrader> It was that way too yesterday
[09:48:22] <wrbtrader> stock related
[09:49:32] <Tigerman> yeaa maybe earnings related
[09:49:41] <Tigerman> today I did only short trades
[09:49:46] <Tigerman> not posted here
[09:49:56] <Tigerman> simply too distracting x me
[09:50:15] <Tigerman> issue it retrace fast after going in my direction
[09:50:45] <Tigerman> also mES less liquid so sometimes it has some hole between bid/ask
[10:00:41] <wrbtrader> Less liquid implies there's more spread
[10:02:09] <Tigerman> yes more spread
[10:02:57] <Tigerman> you can see right now x example
[10:03:03] <wrbtrader>
[10:03:18] <Tigerman> 3008 ask
[10:03:30] <Tigerman> the jump at 3008.50
[10:04:01] <Tigerman> then down to 3008.25
[10:04:56] <Tigerman> that impact fast trades ..expecially hit our stop via 1 tick vs ES
[10:05:24] <Tigerman> anyway nothing beats DAX as spread and velocity
[10:17:06] <wrbtrader> Agree.
[10:17:58] <wrbtrader> I saw an statistical article last year about the DAX has more trend days than the Emini futures
[10:18:41] <wrbtrader> I then did a 1 month stastical analysis of Eurex futures, Euronext futures and Emini futures
[10:19:09] <wrbtrader> DAX has more WRB Hidden GAP intervals (more volatility) than the Emini futures
[10:19:25] <wrbtrader> 12% more
[10:20:39] <Tigerman> yeah just its movements are very fast and it is no so easy hang on a trade
[10:39:47] <wrbtrader> I missed a Long signal @ 1028am est...I thought it was invalid until I enlarged one of my charts and saw that it was valid by 1 tick
[10:44:07] <wrbtrader> In hindsight, I would have never taken that Long position...too much volatility in the downtrend into it
[10:44:34] <wrbtrader> Simply, it would had been a counter-trend trade
[10:52:51] <wrbtrader> Had there been more sideways price action...removing the volatility...I would have taken that Long signal
[11:14:53] <Tigerman> now price contracting
[11:15:05] <Tigerman> I call quit here
[11:15:32] <Tigerman> I have to be ready for my new air -con installation
[11:20:27] <Tigerman> not trading tomorrow
[11:20:34] <Tigerman> so have a safe weekend all
[11:20:41] <Tigerman> take care all see next week
[11:37:16] <wrbtrader> Be right back
-
[12:39:28] * Now talking in ##TheStrategyLab
[12:39:28] ##TheStrategyLab url is http://www.thestrategylab.com/tsl/forum/
-
[12:48:57] * Now talking in ##TheStrategyLab
[13:05:04] <wrbtrader> Shorts Emini ES @ 3000.00 -> small size
[13:05:07] <wrbtrader> 3 contracts
[13:06:08] <wrbtrader> I hate when those long lower shadow intervals show up after my entry into a Short position
[13:07:14] <wrbtrader> Covered all Emini ES Short @ 3001.75 --> - 1.75
[13:09:30] <wrbtrader> Shorts Emini ES @ 3003.00 -> small size
[13:09:40] <wrbtrader> 3 contracts re-entry
[13:11:03] <wrbtrader> Covered all Emini ES Short @ 3003.00 --> 0
[13:11:39] <wrbtrader> Shorts Emini ES @ 3002.50 -> small size
[13:11:46] <wrbtrader> 3 contracts re-entry
[13:11:03] <wrbtrader> Covered all Emini ES Short @ 3003.00 --> 0
[13:11:39] <wrbtrader> Shorts Emini ES @ 3002.50 -> small size
[13:11:46] <wrbtrader> 3 contracts re-entry
[13:13:50] <wrbtrader> Covered all Emini ES Short @ 3002.25 --> + 0.25
[13:14:41] <wrbtrader> Shorts Emini ES @ 3002.00 -> small size
[13:14:46] <wrbtrader> 3 contracts re-entry
[13:16:19] <wrbtrader> Covered all Emini ES Short @ 3002.25 --> - 0.25
[13:17:31] <wrbtrader> R area @ 3003.50
[13:20:01] <wrbtrader> Shorts Emini ES @ 3003.00 -> small size
[13:20:05] <wrbtrader> 3 contracts re-entry
[13:20:47] <wrbtrader> S area @ 3000.25
[13:21:52] <wrbtrader> easy for me to remember because my first trade of the day was a losing Short position @ 3000.00 (near that support level)
[13:22:28] <wrbtrader> shallow WRB pt1 reached
[13:24:54] <wrbtrader> long lower shadow intervals showing up
[13:27:04] <wrbtrader> Covered all Emini ES Short @ 3002.00 --> + 1
[13:29:32] <wrbtrader> now back at the R area
[13:30:08] <wrbtrader> now back to a prior WRB Zone
[13:31:44] <wrbtrader> volatility slowly increasing with this interval that will most likely complete as a Up WRB Hidden GAP interval
[13:34:21] <wrbtrader> Long Emini ES @ 3005.50 -> small size
[13:34:33] <wrbtrader> 3 contracts
[13:36:52] <wrbtrader> Exited all Emini ES Long @ 3005.50 --> 0
[13:40:33] <wrbtrader> Long Emini ES @ 3006.25 -> small size
[13:40:43] <wrbtrader> 3 contracts
[13:42:07] <wrbtrader> volatility still slowly increasing and Emini ES is still above that prior R area and approaching another range of prior volatility contractions that has a S/R Zone
[13:42:13] <wrbtrader> now in it
[13:42:28] <wrbtrader> @ 3007.00
[13:43:25] <wrbtrader> now at the next R area 3008.00
[13:43:39] <wrbtrader> WRB pt1 reached
[13:44:01] <wrbtrader> Exited all Emini ES Long @ 3008.50 --> + 2.25
[13:46:43] <wrbtrader> Shorts Emini ES @ 3007.75 -> small size
[13:46:50] <wrbtrader> 3 contracts
[13:48:36] <wrbtrader> trying to catch a little pause in the volatility prior to it trying to move prices back higher
[13:51:24] <wrbtrader> WRB pt1 reached
[13:54:38] <wrbtrader> Covered all Emini ES Short @ 3005.00 --> + 2.75
[14:02:56] <wrbtrader> Crazy retracement spike back upwards to the prior that R area I had Shorted
[14:03:45] <wrbtrader> It did it as a volatility spike and has a chance to finish as a Up WRB HIdden GAP interval
[15:10:27] <wrbtrader> Shorts Emini ES @ 3002.00 -> small size
[15:10:35] <wrbtrader> 1 contract
[15:15:24] <wrbtrader> snapback up
[15:15:29] <wrbtrader> Covered Emini ES Short @ 3002.25 --> - 0.25
[15:30:36] <wrbtrader> Long Emini ES @ 3005.25 -> small size
[15:30:41] <wrbtrader> 1 contract
[15:31:28] <wrbtrader> Long position near the R area of the most recent reaction high
[15:32:20] <wrbtrader> WRB pt1 reached but is now snaping back downwards
[15:35:35] <wrbtrader> Its earnings season...be careful...we can get some weird and crazy price action during this last 30mins of the regular trading session
[15:36:01] <wrbtrader> Reason why I lower my position size down to 1 contract only
[15:36:40] <wrbtrader> Exited Emini ES Long @ 3005.50 --> + 0.25
[15:37:10] <wrbtrader> snapback down picked pocketed my trail stop
[15:39:39] <wrbtrader> Shorts Emini ES @ 3004.75 -> small size
[15:39:47] <wrbtrader> 1 contract
[15:41:07] <wrbtrader> Covered Emini ES Short @ 3005.00 --> - 0.25
[15:41:22] <wrbtrader> geeesh
[15:41:43] <wrbtrader> snapbacks are picking off my stops
[15:43:39] <wrbtrader> Long Emini ES @ 3006.25 -> small size
[15:43:47] <wrbtrader> 1 contract
[15:47:49] <wrbtrader> chopping around like this usually sets up for a volatility spike
[15:48:07] <wrbtrader> I'm tightning my trail stop just in case it spikes
[15:50:55] <wrbtrader> Exited Emini ES Long @ 3006.25 --> 0
[15:52:27] <wrbtrader> Long Emini ES @ 3007.00 -> small size
[15:52:34] <wrbtrader> 1 re-entry
[15:55:46] <wrbtrader> Exited Emini ES Long @ 3004.75 --> - 2.25
[15:56:10] <wrbtrader> snapback downward and I didn't use a tight stop on that Long position
[15:57:39] <wrbtrader> Shorts Emini ES @ 3003.00 -> small size
[15:57:46] <wrbtrader> 1 contract
[15:58:54] <wrbtrader> Eminis dropped below their most recent reaction low on that snapback down on increasing volatility
[15:59:37] <wrbtrader> Covered Emini ES Short @ 3003.75 --> - 0.75
[15:59:57] <wrbtrader> Long Emini ES @ 3004.00 -> small size
[16:00:05] <wrbtrader> 1 contract
[16:00:33] <wrbtrader> now snapback upwards...getting crazy
[16:01:30] <wrbtrader> Exited Emini ES Long @ 3006.00 --> + 2
[16:02:17] <wrbtrader> Shorts Emini ES @ 3005.00 -> small size
[16:02:23] <wrbtrader> 1 contract
[16:03:04] <wrbtrader> Covered Emini ES Short @ 3004.75 --> + 0.25
[16:04:17] <wrbtrader> bar room fight in the rush hour traffic of the 4pm est regular session close
[16:05:34] <wrbtrader> Long Emini ES @ 3006.00 -> small size
[16:05:44] <wrbtrader> 1 contract
[16:06:56] <wrbtrader> Got to stay focus to the Long side because of the initial trade signal in this 4pm est rush hour traffic was bullish
[16:09:45] <wrbtrader> Come on ES...get going...there's room up to the 3010 level
[16:10:08] <wrbtrader> its another reaction high
[16:11:22] <wrbtrader> 4 mins remaining before the maintenance period
[16:12:15] <wrbtrader> tic toc tic toc
[16:14:33] <wrbtrader> Exited Emini ES Long @ 3007.75 --> + 1.75
[16:14:37] <wrbtrader> trail stop picked pocketed
[16:15:02] <wrbtrader> was looking for a spike upwards...not back downwards
[16:15:24] <wrbtrader> Take care all and see all tomorrow...should produce another crazy 4pm est rush hour traffic
Session Close

Bloomberg Markets: The Close Full Show (7/25/2019) @ https://www.bloomberg.com/news/videos/2019-07-25/-bloomberg-markets-the-close-full-show-7-25-2019-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)