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#FuturesTrades January 3rd Wednesday 2007 Trade Log

#FuturesTrades is a private and free realtime trading posting chat room on the IRC Othernet server that allows traders from all over the world to communicate.

Click here for the instructions on gaining access to #FuturesTrades.

In addition, trades posted by members of #FuturesTrades in the below trade post chat log are by traders that do not have access to TheStrategyLab.com strategies except for NihabaAshi.

Fee-based clients of TheStrategyLab.com strategies use the private IRC rooms called #TheStrategyLab and #SwingTradingTSL.

Further, you'll find below the chat room time stamped text log of realtime trades (real money and simulator) that were posted by full-time, part-time traders from around the world and the timestamp is eastern standard time (est). 

Also, below NihabaAshi's trading blog like comments, you can read the time stamped trades (prices, entries, exits et cetera) and market discussions that sometimes contains trading tips or insights that are more useful than what you will see at any other futures blog or chat room.

Trading Blog Below is not your traditional trader's blog in the usual blog format. However, you will find informative commentary on a few occasions as time permits and such will contain trading tips that should help your trading as I attempt to sum up my thoughts for the trading day.

 

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ER2 EuroFX EC
+8.60 +0.0000
$860.00 $0.00

Trading Perspective

Profit/Loss Statement

Today the volatility just died after 1030am est along with the volume drop.

I had a little hesitation in my first trade that caused a chaser by 0.4 ticks resulting in a poor entry after the pattern signal.

Other than that, nothing worth today discussing besides just to let all readers know our new discussion forum is now ready to join even though it still needs a little more updating via transferring over key messages from the old ezboard.

 http://www.thestrategylab.com/forum/index.php

Today's results (real money and simulator trading) shown above are that of NihabaAshi only. To see his total accumulated points for the month of January...click here. To see results for the months of 2007 and prior years...click here.

Commentary by M.A. Perry (a.k.a. NihabaAshi)  
intradaystrategies@yahoo.com

Note: Each month there are a few trading days that we consider to involve interconnecting key price action of different markets and such is represented by a particular type of price action from one of the key markets. You can view the charts and their clues that's associated with the key price action at our key market archives.

  
Session Start: Wed Jan 03 08:55:01 2007Session Ident: #futurestrades
* Now  #FuturesTrades purpose and benefits...click here. 08:55
<X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
<PapaJon> gm all09:29
<eminitrader> morn all ..happy new yaer09:31
<Chilly> gm folks
<X>  #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY)09:32
<NihabaAshi>  Long ER2 @ 800.00 -> large size 09:33

Exited ER2 Long @ 799.70 --> - 0.3 09:35

Reverse and Enter Short ER2 @ 799.70

Covered ER2 Short @ 800.10 --> - 0.4 09:38

Reverse and Enter Long ER2 @ 800.10

I'm getting chopped here a little.

Exited 2/3 ER2 Long @ 800.80 --> + 0.7 09:39

Long ER2 @ 801.00 -> Add 09:40

Exited ER2 Long @ 801.20 --> + 1.3 09:43

Holding 3 contracts from 800.00
<RussellDaytrade>  Shorts ER2 @ 801 «« paper »»
<NihabaAshi> Also, that's a +0.20 on that ADD and not a +1.309:44
<AmazingJason>  Shorts ER2 @ 800.50 09:45
<GoodMood>  Shorts ES @ 1794.25 09:46

NQ09:47

Covered NQ Short @ 1324.75 --> + 469.5
<NihabaAshi>  Exited Remainder ER2 Long @ 800.40 --> + 0.3
   
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   Trading Strategies ->   These strategies will reveal and explain specific strategies from entry to exit that exploit inefficiencies in the price action of your trading instrument for profits in the following trading instruments: Emini Index Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Index Derivatives (DAX, ESTX50), Euronext Index Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Energy Futures (CL, NG, HO, QM), Forex Currencies (EurUsd, EurYen, UsdCdn), Exchange Traded Funds (DIA, GLD, OIH, IWM, QQQQ, SPY, XLE) and Hang Seng Index Futures (HSI) 
  
<GoodMood> oh

sorry
<eminitrader>  Shorts ES @ 1435
<NihabaAshi> I tried hard to stay in that Long after the initial poor entry...the ADD I did later gave me a little cushion but it wasn't good enough :(09:48
<GoodMood>  Covered all NQ Short @ 1792.25 --> + 2
<RussellDaytrade>  Covered all ER2 Short @ 799.6 --> + 1.4 «« paper »» 09:49
<AmazingJason>  Covered 1/2 ER2 Short @ 798.80 --> + 1.7
<pat255> gm all..09:52

@office ....:(
<eminitrader>  Covered 1/2 ES Short @ 1433.50 --> + 1.5 09:54
<AmazingJason>  Covered Remainder ER2 Short @ 797.90 --> + 2.6 09:55
<pat255> vn guys...
meetings all am..lol
<Brutus> 1000/1500 Dec ISM Mfg 50.0 49.509:56

1000/1500 Nov Construction Spending -0.4% -1.0%
<eminitrader> is it out B ?09:57
<NihabaAshi>  Shorts ER2 @ 798.30 -> small size
<Brutus> no 10:00
<eminitrader> k

so thats the expected range
<Brutus> expected and previous09:58
<eminitrader>  Covered Remainder ES Short @ 1432 --> + 3 09:59
<AmazingJason> whip city10:00
<eminitrader> k thx B
<NihabaAshi> Weird price action so far over the last 2 mins.10:01
Covered ER2 Short @ 799.30 --> - 1
Reverse and Enter Long ER2 @ 799.30
<RussellDaytrade>  Shorts ER2 @ 799.4 «« paper »» 10:02

Covered all ER2 Short @ 799.3 --> + 0.1 «« paper »» 10:03
<NihabaAshi>  Exited all ER2 Long @ 799.40 --> + 0.1
Long ER2 @ 799.10 -> medium size 10:04
Long ER2 @ 799.50 -> Add 10:05
<AmazingJason> not going long here, but possible continuation upwards

think we'll test last highs10:06
<NihabaAshi> I'm still bullish for the opening but the chop isn't allowing any decent entries and its reducing my chance to endure the wiggles.10:08
I'm getting some strange quotes in FutureSource and my Qcharts not keeping up :(10:11
<pat255> k guys another meeting ..later ty all10:12
<AmazingJason> ER2 trying10:13
<yvberj> Happy New Year everyone. Haven't been around for awhile, but should be gettin back in again.
<RussellDaytrade>  Shorts ER2 @ 800.5 «« paper »» 10:14
patience may be the key on this one, could launch
<NihabaAshi>  Exited 2/3 ER2 Long @ 801.50 --> + 2 10:15

That's +2.40 on 4 contracts and not +2

Holding 2 contracts remainders10:16

Exited ER2 Long @ 802.80 --> + 3.7 10:17

Holding 1 contract remainder

That's a +3.3 and not +3.710:18
  
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<yvberj> President speaking. Let's see whathe doesto the mkt.10:20
<NihabaAshi> Bush on TV???10:23

:(

If volatility in EuroFX and the US Dollar can decline a little more...10:28

I may be able to catch an ER2 exit around 804.20

There's a resistance zone up there...good place to dump it...will need some help from other markets.10:29

Exited Remainder ER2 Long @ 801.50 --> + 2.4 10:42

Trailing stop picked off :(
<X>  #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY)10:44
<werner> niha-all, the best for 2007
* Retrieving #futurestrades modes...10:48
<NihabaAshi> Thanks werner and you too.10:50
<RussellDaytrade>  Covered all ER2 Short @ 800.7 --> - 0.2 «« paper »»
<eminitrader> like u said .RD --patience :)10:51
<Brutus> How much is NQ $/tick ?10:52
<RussellDaytrade> entry just a little off, (understatement)...

nq tick is $5.0010:53
<GoodMood> thats $20 per point
<RussellDaytrade> thx EM
<Brutus> Run on NQ was a nice short setup10:54
<yvberj> Sht. ER 802.00 covered 800.9
* NihabaAshi is now known as NihabaAshi_away10:56
<RussellDaytrade> a great 2007 to everyone10:57
* codehead_afk is now known as codehead11:16
<werner> thnx russel, same too you11:36
<RussellDaytrade> crystal ball reading anyone? next day or so?11:51
<X>  #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY)11:56
<Brutus> Hard to tell RD With FOMC. WIll have to see the reaction to it We may test lows/close gap before more upside. But bullish overall for next couple days. All the best for 2007 :)11:58
<RussellDaytrade> payrolls friday pre-open, not tomorrow, correction13:03
<X>  #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY)13:08
<venedom> c u all tomorrow or next week thanks and happy and profitable 200713:44
<Chilly> 3 minutes to FOMC minutes13:56
<pdays> out14:00
<RussellDaytrade> well. i'll be!14:03
Long ER2 @ 794.1 «« paper »» 14:04
Long ER2 @ 794.1 «« paper »»
oops, double order
Exited 1/2 ER2 Long @ 794.1 --> 0 «« paper »»
<pat255> hi all...wow mkt gave up14:05

gl...

S 790.414:13

out 790..14:15
<X>  #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY)14:20
<werner> gn all14:42
<yvberj> Sht. ER 790.00 covered 786.0014:47
<yvberj> Hope you all had a good day. Hopefully we can have another one tomorrow.15:48
  
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<RussellDaytrade>  Exited all ER2 Long @ 793 --> - 1.1 «« paper »» 15:51

a little early on that buy.
<Awash> .17:24
* DisconnectedSession Close: Wed Jan 03 18:46:51 200718:46
  

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#FuturesTrades past logs can be searched via using Google. For example, pretend you want to research what has been said about volatility analysis. Go to the Google search window below and type in "volatility analysis" site:thestrategylab.com (exactly as I typed it including the quotation marks) and you will find everything associated with those key words that were used by any member of  #FuturesTrades.

  

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Argentina, Australia, Belgium, Brazil, Canada, Denmark, France, Germany, Greece, Hong Kong (China), Israel, Italy, Japan, Mexico, Portugal, Puerto Rico (U.S.), Saudi Arabia, Singapore, Spain, United States and Venezuela.

In addition, below are the trading instruments our chat room members monitor closely to make trade decisions:  

CME Emini Futures ES, NQ and ER2 

CBOT mini-sized Dow Futures YM

Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

Eurex Fixed Income Derivatives BUND, BOBL and Schatz

Euronext Futures FTSE-100 and CAC-40

CME Futures EuroFX EC

Treasury Futures T-Notes ZN, ZF and T-Bonds ZB

Forex Currencies EurUsd, EurYen and UsdCdn

Exchange Traded Funds DIA, IWM, QQQQ, SPY, OIH, XLE and GLD  

NYMEX Energies Light Crude Oil CL, e-miNY QM and Natural Gas NG

Hang Seng Index Futures HSI

Last of all, if you have any questions about either #EminiFutures general market chat room, #FuturesTrades realtime trade posting room or the two realtime strategy discussion rooms used by traders with access to our fee-based strategies called #TheStrategyLab and #SwingTradingTSL...

Don't hesitate to ask your questions and we'll reply back as soon as possible.

Sincerely,

M.A. Perry and Associates

TheStrategyLab.com

 questions@thestrategylab.com

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