Descriptive Review of
A Futures Trading Instruction Service
An Evaluative Review of this service, including probabilities of successful trading using it, is available for free to futurestrack.com members.
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Trading commodity and index futures contracts involves high risks and you can lose a lot of money. Any action you choose to take in the markets is totally your own responsibility. The past performance of any trading system is not necessarily indicative of future results. All opinions expressed on this website are only opinions of the authors. The information contained here was gathered from sources deemed reliable but no guarantee is made as to its accuracy or content. Futurestrack.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
TheStrategyLab.com is a futures education and training service. It does not provide trading signals to its members but some signals are presented and discussed in the chatroom and these signals can be followed by traders.. The chatroom is hosted by M.A. Perry, Trader and Founder of WRB Analysis (wide range body/bar analysis).
This is an Alexa Wayback Machine image of the website indicating that it has been active and frequently catalogued since 2002.
The website provides a lot of information about trading and about M. A. Perrys’ Wide Range Bar system. Access to the chatroom can gained by paying for access, but it is free for traders who demonstrate their interest and skills in learning the Wide Range Bar trading system.
Futures Track spent about a month learning the trading system and participated in the chat room for about a week.
The Wide Range Bar system is applicable to a wide variety of futures markets, but the trades that are reported in the chat room are primarily on the TF (Russell 2000) and ES (S&P 500) equity futures contracts.
The chat room is most active between about 9:30AM and 5:00PM Eastern Time.
The public chatroom is free for traders who demonstrate that they have learned about the trading system and who are willing to participate in discussions about the trading system in the chatroom. Traders may earn access to the chatroom by demonstrating knowledge about the volatility-based system that is the fundamental core of the trading system. Traders may post charts demonstrating their knowledge following this procedure. Alternatively, traders may gain access by purchasing educational materials from the website.
The service is primarily focused on education and training. It is not a signal-calling service per se, but some trade entries and exits are reported in the room.
The trading method is extremely well-developed and all traders can learn something from the material shared in the chatroom and on the website. The system is based on inter-market analysis and price action is determined by volatility charts known as wide-range-bars. A summary description of the service is here, and a description of the basic trading strategy is here. A study guide that allows traders to learn about the trading system is here.
Please see the evaluative report for more information about trading probabilities and for a fuller description of the service
Appendix: Sample Wide Range Bars Chart