TheStrategyLab Price Action Trading (no technical indicators)
Free Chat Room: https://www.forum-tsl.thestrategylab.com/viewforum.php?f=3 (see chat logs below)
M.A. Perry a.k.a. wrbtrader (more info about me): https://www.thestrategylab.com/wrbtrader.htm & https://www.forum-tsl.thestrategylab.com/viewtopic.php?t=41
CME Group Trade Against A Pro Futures Challenge: https://www.forum-tsl.thestrategylab.com/viewtopic.php?t=7
TheStrategyLab Reviews: https://www.forum-tsl.thestrategylab.com/viewtopic.php?t=19 & https://www.thestrategylab.com/thestrategylab-reviews.htm
Skype: kebec2002
Business Hours: 8am - 5pm est (Mon - Fri)
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Today's, complete text chat logs below.
##TheStrategyLab primary purpose is for you to use the free chat room as a supplemental trade journal to post your trades and/or price action analysis via WRB Analysis.
Simply, if you log into ##TheStrategyLab free chat room...you're required to post your trade fills and/or you're talking about 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...in combo with your professional trade journal software that does your quantitative statistical analysis of your trade performance.
Just as importantly, if you log into the free chat room and do not post your trades...you must post in your private thread after you complete your trading day...post a redacted screenshot of your trade fills in broker trade execution platform, broker statement, or quantitative statistical analysis from your professional trade journal software...no exceptions.
TheStrategyLab free chat room is located on the Libera 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.At the minimum, you must be using the WRB Analysis Free Study Guide. In fact, you must verify your understanding and application of WRB Analysis in your trading prior to being allowed entry into the free chat room...no exceptions.
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, experienced, 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 / replicate 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.
Reminder...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.Yet, be aware that many traders (including me) are posting our redacted screenshots of timestamp trade fills in broker trade execution platform and quantitative statistical analysis of the trade performance via WRB Analysis in the private thread section at the forum. For members that have questions about their trading with WRB Analysis, I use their redacted screenshots of timestamp trade fills in their broker trade execution platform and their charts to verify if a trader is correctly using WRB Analysis...is critical info I can not get from their broker statements alone.
To qualify for access to ##TheStrategyLab free chat room that's located on the Libera IRC network...please follow the instructions at the TSL Support Forum @ https://www.forum-tsl.thestrategylab.com/viewforum.php?f=35
Our disclaimer statement applies to the website, forum, chat room and live screen sharing meeting @ https://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 (06/22/2022) @ Bloomberg Video: The Open Full Show
[09:32:24] * Now talking in #ThestrategyLab
[09:32:25] * ChanServ sets mode: +o wrbtrader
[09:32:53] <@wrbtrader> Good morning...
[09:33:47] <TigerBoy___> gm all hi wrbtrader
[09:34:13] <TigerBoy___> LG mES @ 3738.75 large 10pz
[09:34:14] <@wrbtrader> I found out yesterday that I tore my Deltoid from the hospital test results on my shoulder...it was what I suspected had happened while lifting the scull from my trailer. Yet, I can now raise my arm above my head without any pain but it only hurts when I use my other hand to push on my deltoid muscle.
[09:34:36] <TigerBoy___> exit 1/2 @ 3739.25 +.50.
[09:35:10] <TigerBoy___> exit all mES @ 3742 +3.25
[09:35:33] <@wrbtrader> I will start physical therapy next week on my arm to restrengthen it because its still very weak
[09:36:02] <@wrbtrader> Strangely, I can still dumbell curl 50Lbs.
[09:36:14] <TigerBoy___> wrbtrader... just listened yesterday some doctors talking about tore Deltoids
[09:36:42] <@wrbtrader> I just can not lift a few pounds with that arm above my head...very weird considering I can still dumbell a lot of weight with lots of reps with that arm
[09:36:51] <TigerBoy___> it can start ruin itself since long time
[09:36:59] <TigerBoy___> no pain during years
[09:39:19] <TigerBoy___> I did rehab today as every day ... it pains a lot when therapist push a bit over a point
[09:39:54] <TigerBoy___> yeah deltoids are very delicate and needs time to recup properly
[09:40:21] <TigerBoy___> when swimming feels betterù
[09:42:15] <TigerBoy___> price pushed up after bouncing all overnight session it bounced above R from KEY area
[09:44:49] <@wrbtrader> The good thing...I can now type normal but I wonder if its putting a small strain on that right arm deltoid
[09:47:28] <TigerBoy___> overall volatility contracting here
[09:55:51] <TigerBoy___> Volatility btreaks now
[09:57:07] <TigerBoy___> LG mES @ 3755.25
[09:57:11] <TigerBoy___> large 12pz
[09:57:34] <TigerBoy___> exit all mES @ 3758.50 +3.25
[10:02:23] <@wrbtrader> Be right back...quick reboot
[10:02:28] * You have left #ThestrategyLab
-
[10:04:33] * Now talking in #ThestrategyLab
[10:04:33] * ChanServ sets mode: +o wrbtrader
[10:04:57] <@wrbtrader> Many many years ago...rebooting took about 5 - 6 minutes
[10:05:30] <@wrbtrader> Technology a lot faster today...takes about 2 minis for my entire system to load up with platform and charts
[10:06:17] <TigerBoy___> yeah simply processing power multiply avery year pass by
[10:06:45] <TigerBoy___> in contrast some people get dumber every year more
[10:07:24] <@wrbtrader> Our brains stays the same or deterioates as we age...
[10:07:44] <@wrbtrader> In contrast, computers and technology gets smarter / faster
[10:07:49] <TigerBoy___> years ago also loading a game needed ages
[10:08:52] <TigerBoy___> 16:07 @wrbtrader: In contrast, computers and technology gets smarter / faster yeah that apply to humans too ... partially of course
[10:09:10] <TigerBoy___> new generation are different vs decades ago
[10:09:48] <TigerBoy___> anyway to stay @ top every year we need suppements our food
[10:09:56] <@wrbtrader> Agree
[10:10:08] <TigerBoy___> expecially soil now is poorer every yaer more
[10:11:56] <TigerBoy___> some supplements are very expensive ... anyway get all those vitamins or minerals from real food can be more expensive
[10:12:30] <TigerBoy___> I like eat fresh fruit... not so cheap same for fresh fish x example
[10:13:01] <TigerBoy___> today got wild salmon
[10:14:11] <TigerBoy___> price push toward another S from KEY area
[10:18:56] <@wrbtrader> Eminis testing the R area of the Key KME WRB Zone
[10:23:23] <@wrbtrader> Long Emini ES @ 3777.25 -> medium size
[10:23:36] <@wrbtrader> 2+2 contracts
[10:23:56] <@wrbtrader> poor entry but there's enough volatility
[10:24:26] <TigerBoy___> LG mES @ 3776.50 large 13pz
[10:24:45] <TigerBoy___> 6+6+1
[10:25:05] <TigerBoy___> not filled a 6 pz order just fill 1
[10:25:24] <TigerBoy___> exit 1/2 @ 3779 +2.50
[10:26:12] <TigerBoy___> exit all mES @ 3781.25 +4.75
[10:26:26] <TigerBoy___> price push inside this KEY area
[10:26:53] <TigerBoy___> yeah enough vola just I exit fast before price roll over
[10:27:07] <@wrbtrader> Exited all Emini ES Long @ 3785.50 --> + 8.25
[10:27:31] <@wrbtrader> WRB pt1 reached
[10:28:09] <TigerBoy___> good hang wrbtrader you got a better target then me also considering you entered ò higher price
[10:28:26] <@wrbtrader> should have held it a little long to see if it could get back above 3787.00 price level
[10:29:23] <TigerBoy___> we are in mid of that KEY area in my charts
[10:37:05] <@wrbtrader> Yep
[10:37:28] <@wrbtrader> Also, the Emini futures have retraced the big overnight down movement...
[10:37:41] <@wrbtrader> This is a very impressive UP movement
[10:37:54] <@wrbtrader> So far...a trend UP day
[10:39:38] <@wrbtrader> Simply, be careful shorting today
[10:44:51] <TigerBoy___> noe that KEY wrb zone is filled
[10:47:56] <@wrbtrader> Compared to today's price ation...last week Thursday, Friday and yesterday's Tuesday was calm
[10:49:40] <@wrbtrader> By the way, I was up late last night watching the Emini futures move thru/below the Key KME WRB Zones...
[10:49:57] <@wrbtrader> they did it with LESS choppy price action
[10:50:40] <@wrbtrader> I may review a few months of historical data to see if the overnight trading session has LESS chop as in LESS games played by algorythms
[10:51:46] <TigerBoy___> yep I noted that many times
[10:52:03] <TigerBoy___> simply Algos are more active in regular sessions
[10:53:02] <TigerBoy___> in contrast in overnight session missing many interesting instruments traded mostly in US regular hours
[10:58:48] <@wrbtrader> Yeah, I do remember you talking about it a few times.
[10:59:24] <@wrbtrader> Its now really caught my curiosity about the overnight trading session when the Emini futures passes thru these Key KME WRB Zones
[11:00:39] <TigerBoy___> yeah it can be intersting how that correlates with Eurex futurex like Dax
[11:18:06] <@wrbtrader> I thought for sure around 1100am est when the Emini futures started pushing DOWN hard that they would enter back inside that Key KME WRB Zone...
[11:18:42] <@wrbtrader> They had enough volatility to do it but suddenly...that R area acted like a support area...Eminis then bounced back UP
[11:19:14] <@wrbtrader> Had the Emini penetrated below that R area...I would have shorted the price action
[11:19:23] <TigerBoy___> yeah also low vola in contracting
[11:29:19] <@wrbtrader> The only thing I hate and still have not figure out a solution about the Key KME WRB Zones...its when they suddenly becone range bound in a tight trading range...sideways like price action on either the R or the S area level of the Key KME WRB Zone
[11:29:54] <@wrbtrader> Yet, I'm getting better at recognizing it so that I don't overtrade in that type of price action
[11:30:41] <TigerBoy___> yeah those range bound are very difficult
[11:33:03] <TigerBoy___> LG mES @ 3788 large 12pz
[11:33:17] <TigerBoy___> exit 1/2 @ 3788.50+.50
[11:33:37] <TigerBoy___> exit all mES @ 3791.25 +3.25
[11:34:32] <TigerBoy___> price cross above S from Key area plus volatility increase in Dome
[11:37:36] <TigerBoy___> overall volatility decrease since open , flat in last hour
[12:03:10] <@wrbtrader> Long Emini ES @ 3774.00 -> medium size
[12:03:20] <@wrbtrader> 4 contracts
[12:04:06] <@wrbtrader> Exited all Emini ES Long @ 3770.00 --> - 4
[12:04:12] <@wrbtrader> trail stop picked
[12:05:05] <@wrbtrader> Shorts Emini ES @ 3766.75 -> medium size
[12:05:10] <@wrbtrader> 4 contracts
[12:05:42] <@wrbtrader> too much bouncing around
[12:06:15] <@wrbtrader> I fell into the middle of this crap
[12:06:38] <@wrbtrader> Covered all Emini ES Short @ 3761.75 --> + 5
[12:08:32] <TigerBoy___> SH mES @ 3763.50 large 15*3
[12:09:14] <TigerBoy___> exit 1/2 @ 3762.75 +.75
[12:09:37] <TigerBoy___> exit all mES @ 3761 +2.50
[12:09:57] <TigerBoy___> I alway write 2 exit for my trades
[12:10:08] <TigerBoy___> just easy x post here
[12:10:29] <TigerBoy___> in contrast I do many scale out during all the time price move till my last exit
[12:11:53] <TigerBoy___> entry via Dome plus it crossed under S from KEY area
[12:19:17] <@wrbtrader> Long Emini ES @ 3771.75 -> medium size
[12:19:23] <@wrbtrader> 4 contracts
[12:19:53] <@wrbtrader> still bouncing around
[12:20:24] <@wrbtrader> Exited all Emini ES Long @ 3772.00 --> + 0.25
[12:20:30] <@wrbtrader> punkcs
[12:21:06] <@wrbtrader> bouncing around this R area of the Key KME WRB Zone
[12:21:26] <@wrbtrader> now it breaks away (UP)
[12:24:35] <@wrbtrader> Shorts Emini ES @ 3774.00 -> medium size
[12:24:42] <@wrbtrader> 4 contracts
[12:27:35] <@wrbtrader> R area is right there...within a few points...not able to push below it
[12:28:29] <@wrbtrader> Covered all Emini ES Short @ 3773.50 --> + 0.5
[12:29:19] <@wrbtrader> That was my best trade entry of the day...only able to grab +0.50
[12:29:21] <@wrbtrader>
[12:31:01] <@wrbtrader> Shorts Emini ES @ 3774.00 -> medium size
[12:31:14] <@wrbtrader> 3+1 contracts
[12:31:31] <@wrbtrader> re-entry
[12:33:56] <@wrbtrader> Covered all Emini ES Short @ 3775.75 --> - 1.75
[12:34:19] <@wrbtrader> Long Emini ES @ 3777.00 -> medium size
[12:34:31] <@wrbtrader> 4 contracts intution on the breakout
[12:35:07] <TigerBoy___> LG mES @ 3777.50 trade on 2nd platform
[12:35:14] <TigerBoy___> just testing
[12:36:23] <@wrbtrader> Exited all Emini ES Long @ 3779.00 --> + 2
[12:36:26] <TigerBoy___> exit all mES @ 3779.50 +2
[12:36:45] <@wrbtrader> not a good series of trades
[12:37:20] <@wrbtrader> caught in some choppy ranging price action above/near the R area
[12:54:37] <@wrbtrader> Long Emini ES @ 3777.75 -> small size
[12:54:50] <@wrbtrader> 3 contracts intuition
[12:55:46] <@wrbtrader> what the fuck ?
[12:57:32] <@wrbtrader> Exited all Emini ES Long @ 3779.50 --> + 1.75
[12:57:37] <@wrbtrader> bailed
[12:57:57] <@wrbtrader> crazy price action now...spiking UP and them DOWN
[12:59:06] <@wrbtrader> President Biden speaks today @ 2pm est
[13:02:05] <TigerBoy___> ok I exit here
[13:02:12] <TigerBoy___> take care wrbtrader see you next time
[13:05:32] <@wrbtrader> TigerBoy...take care and see you tomorrow
[13:05:59] <@wrbtrader> I may do a few more trades because my torn Deltoid is not painful right now
[14:52:11] * You have left #ThestrategyLab
-
[15:12:54] * Now talking in #ThestrategyLab
[15:12:54] * ChanServ sets mode: +o wrbtrader
[15:36:43] <@wrbtrader> Shorts Emini ES @ 3771.00 -> medium size
[15:36:56] <@wrbtrader> 4 contracts
[15:38:54] <@wrbtrader> Covered all Emini ES Short @ 3767.00 --> + 4
[15:53:52] <@wrbtrader> Long Emini ES @ 3771.75 -> medium size
[15:54:00] <@wrbtrader> 4 contracts
[15:54:59] <@wrbtrader> This should be an easy hold because its the 4pm est rush hour traffic price action...statistically.
[15:56:43] <@wrbtrader> Exited all Emini ES Long @ 3772.00 --> + 0.25
[15:56:59] <@wrbtrader> trail stop picked and I was wrong
[15:58:34] <@wrbtrader> Shorts Emini ES @ 3770.00 -> medium size
[15:58:42] <@wrbtrader> 4 contracts
[15:58:47] <@wrbtrader> poor entry
[15:59:11] <@wrbtrader> back below the S area on increasing volatility...rush hour traffic volatility
[16:00:05] <@wrbtrader> Covered all Emini ES Short @ 3759.75 --> + 10.25
[16:00:28] <@wrbtrader> WRB pt1 reached
[16:07:59] <@wrbtrader> Take care and see you tomorrow
Session Close
Bloomberg Markets: The Close' Full Show (06/22/2022) @ https://www.bloomberg.com/news/videos/2022-06-23/bloomberg-markets-the-close-6-22-2022
Hashtag Keywords: #wrbanalysis, #wrbzone #keywrbzone #wrbhiddengap #volatilityanalysis
@ wrbtrader @ Frequently Asked Questions @ What is WRB Analysis ? @ Risk Warnings @ Terms of Use Policy
-----------------------
##TheStrategyLab (located on the Libera 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.
The only requirement is that you verified you've learned (understood) / applying the WRB Analysis Free Study Guide in your trading.
Therefore, we welcome all traders that want to learn/use 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 encouraged to ask questions about any trades or market commentaries that are posted by others because sometimes the answers contain useful trading tips.The free chat room is not a signal calling trade alert room with a head trader telling you what to trade, when to buy or when to sell. In fact, we do not believe in the business model of a head trader telling other traders when to buy and sell. It's a flawed approach to trading and it's a flawed substitution for mentoring in which a trader can not learn how to be a successful independent trader.
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 maintained 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 the 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 @ https://www.thestrategylab.com/Disclaimer.htm
TheStrategyLab Review about Dr. Dean Handley @ https://www.thestrategylab.com/dr-dean-handley-review.htm
Rebuttal to Mr. Emmett Moore Jr. via TheStrategyLab.com Review @ https://www.forum-tsl.thestrategylab.com/viewtopic.php?t=19
Review of Emmett Moore Jr. Tradingschools @ https://www.thestrategylab.com/emmett-moore-jr-tradingschools-review.htm
The Strategy Lab: Valforex - The Manipulative Review Scam @ https://www.forum-tsl.thestrategylab.com/viewtopic.php?t=63
TheStrategyLab Review @ https://www.thestrategylab.com/thestrategylab-reviews.htm
Where did wrbtrader go? | Elite Trader @ https://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=161&t=2844
Trolls Review @ https://www.thestrategylab.com/trolls-review.htm
TheStrategyLab / M.A. Perry
wrbtrader / Price Action Trading
Trader and Founder of WRB Analysis (wide range body/wide range bar analysis)
a.k.a. wrbtrader (more info about me): https://www.thestrategylab.com/tsl/forum/viewtopic.php?f=127&t=850 & https://www.thestrategylab.com/wrbtrader.htm
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