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The Strategy Lab TSL presents as a straight forward, no-nonsense chat room not a signal calling room owned and operated by M. Perry aka wbrtrader , situated in Quebec, Canada. TSL is open 9: It is also the first room to be profiled in the Altruistic Andromeda All-Star series . In the chat room, Mr. Perry posts his trades in TF, CL, GC and ES emini futures using methodology based on pure price action trading strategies no indicators, no volume analysis and wide range bodies WRB; candlestick chart users and the chat room is for traders learning or using WRB analysis.
The wide range is an interval that has a body difference between open and close or bar difference between high and low with a price area larger than each of the prior three intervals. Of the rooms I have visited and evaluated, this room presents 3 features; one unique; one unusual and one honorable:. So obviously the rules for TSL chat are: Perry occasionally ducks in and out of the chat room.
While he is NOT acting as a head trader and NOT posting trades as a signal service to be followed by the room attendees, his WRB appears profitable in his hands, it has no indicators, it can been seen in action every day and it is free with inexpensive materials for sale. Seems a really good deal to develop trade strategy and WRB understanding, all of which is encouraged and helped by Mr.
This is what I observed:. I directly observed 50 trading days The R2 was 0. Clearly, he has the Midas touch; why is GC the best? While no diurnal variation day by day , there was a pronounced circadian rhythm time of day for the indices, as shown below note limited ES trades were taken during observation.
Only GC is ambidextrous. Perry is a decisive trader and will modulate the trade in real time to reflect market conditions, exiting early if conditions so warrant or exhibiting profound patience in the face of struggling trades to obtain preferred exits.
I have never been paid, solicited payment or accepted any form of compensation from any room. Your email address will not be published. Notify me of follow-up comments by email. Notify me of new posts by email. Leave a Reply Cancel reply Your email address will not be published.
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