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| Session Start: Fri Jan 04 09:26:49 2008Session Ident: #futurestrades |
* Now | talking in #futurestrades | 09:26 |
<X> | [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm |
<drt> | gm everyone | 09:30 |
<pat255> | gm all.. | 09:31 |
<szubaark> | Shorts ES @ 1442.50 «« paper »» | 09:33 |
<startrader> | Shorts ES @ 1442.50 «« paper »» | 09:34 |
<eminitrader> | Long ES @ 1441.25 |
| Exited all ES Long @ 1440.25 --> - 1 | 09:35 |
<szubaark> | exit stop moved to breakeven ES @ 1442.50 «« paper »» | 09:36 |
<startrader> | Covered 1/2 ES Short @ 1438.50 --> + 4 «« paper »» |
<eminitrader> | Long ES @ 1437 | 09:39 |
<startrader> | Covered Remainder ES Short @ 1436.25 --> + 6.25 «« paper »» | 09:40 |
<eminitrader> | Long ES @ 1436.50 -> Add |
<startrader> | 1436 should give it a bounce. |
<eminitrader> | Exited 1/2 ES Long @ 1439.50 --> + 3 | 09:43 |
| |
Trading
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Trading
Strategies ->
Strategies
used by NihabaAshi, from entry to exit, exploit inefficiencies in the price action
for profits of the following trading instruments via WRB Analysis and
Intermarket Analysis: Emini
Index Futures (EMD, 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),
COMEX Metals Futures (GC), Forex Currencies (EurUsd, EurYen, UsdCdn), Exchange Traded Funds (DIA,
GLD, OIH, IWM, QQQQ, SPY, XLE) and
Hang Seng Index Futures (HSI)
|
| |
<Brutus> | nice emt, only got a scalp long | 09:45 |
<eminitrader> | thx b | 09:46 |
| looking t6o reverse though |
<pat255> | em it takes guts to buy this .. |
| nice trade tho | 09:47 |
<eminitrader> | support 1434-1436 area..helped pat |
<pat255> | i c.. |
<eminitrader> | Exited ES Long @ 1438.50 --> + 1.5 | 09:48 |
| Reverse and Enter Short ES @ 1438.50 |
* Trader222 | L ES 1438s, Long AAPL 191s | 09:50 |
<eminitrader> | Shorts ES @ 1439.50 -> Add | 09:52 |
<Brutus> | 1000/1500 Dec ISM Non-Manufacturing Business Index | 09:55 |
| Non-Manufacturing Business |
| Index 53.5 54.1 |
<eminitrader> | Covered 1/2 ES Short @ 1437 --> + 2.5 |
| Covered Remainder ES Short @ 1438.50 --> 0 | 09:58 |
<szubaark> | Covered all Short ES at 1439 --> + 3.5 «« paper »» | 09:59 |
<deepitm> | ism index 53.9 | 10:01 |
<Brutus> | good trade szu |
<startrader> | Shorts ES @ 1439 «« paper »» |
<szubaark> | thanks.. got out before news | 10:02 |
<NihabaAshi> | Shorts ER2 @ 736.90 -> small size |
| It should move fast... | 10:03 |
| Oppps...arleady is :) |
<szubaark> | Shorts ES @ 1436.25 «« paper »» | 10:04 |
<NihabaAshi> | Covered 2/3 ER2 Short @ 734.80 --> + 2.1 |
<startrader> | Covered all ES Short @ 1436.50 --> + 2.5 «« paper »» |
<NihabaAshi> | Covered Remainder ER2 Short @ 735.80 --> + 1.1 | 10:06 |
| :( |
| Same problem as yesterday with those "quick retracements"... | 10:07 |
| Tough to stay in a winning position. |
<startrader> | Shorts ES @ 1438 «« paper »» | 10:11 |
<szubaark> | hopefully we'll get followthru now |
<startrader> | Covered all ES Short @ 1436.50 --> + 1.5 «« paper »» | 10:16 |
<NihabaAshi> | Shorts ER2 @ 733.80 -> small size | 10:19 |
| intuition trade (no pattern signal) and high risk |
| Covered all ER2 Short @ 733.70 --> + 0.1 | 10:21 |
| got easily spooked |
<szubaark> | again, every volatility spike is getting retraced..Impossible to stay in | 10:22 |
<NihabaAshi> | Oil still itching lower while Gold trying hard to find some support. | 10:23 |
| Eurex DAX volatility declining fast |
<pat255> | may be we need rates to be zero to get thismkt going up..lol | 10:24 |
<NihabaAshi> | I'm expecting a volatility spike here soon |
<Brutus> | Long ES @ 1434.25 | 10:26 |
<NihabaAshi> | Shorts ER2 @ 733.30 -> small size |
<deepitm> | Shorts YM @ 12947 «« testing »» | 10:27 |
<startrader> | Long ES @ 1432.75 «« paper »» | 10:28 |
<NihabaAshi> | I got some support for my short from Oil and Gold... |
| But ER2 not cooperating like it should :( |
<Brutus> | Exited ES Long @ 1443 --> + 8.75 | 10:29 |
| Exited ES Long @ 1433 --> - 1.25 |
<NihabaAshi> | Covered 2/3 ER2 Short @ 731.70 --> + 1.6 |
| ER2 cooperating now :) |
| Eurex DAX, Oil and Gold looking like they want to go lower...Gold trying hard to find some support. | 10:32 |
| Covered Remainder ER2 Short @ 732.50 --> + 0.8 | 10:34 |
| Gold found support |
| :( |
<Pepe> | anybody has problem with DAX data now? |
<NihabaAshi> | not me |
<Pepe> | :( | 10:35 |
<NihabaAshi> | Yesterday my VIX, VXN, Gold and Oil charts were down most of the day :( | 10:36 |
| The week before I was having lots of problems with my DAX data :( |
<startrader> | Exited 1/2 ES Long @ 1434 --> + 1.25 «« paper »» |
<NihabaAshi> | Another volatility spike down in the DAX | 10:37 |
| However, this one is trying to form a Dark Hammer line | 10:38 |
| Market loves to consolidate or attempt to retrace the lower shadows of Dark Hammer lines. | 10:39 |
| Long ER2 @ 731.80 -> small size | 10:40 |
| 1 only...intuition and high risk |
<szubaark> | ES just Pausing here | 10:41 |
<NihabaAshi> | No support from Oil nor Gold just yet... | 10:42 |
<Brutus> | Long ES @ 1433 |
<NihabaAshi> | Gold just joined in :) |
| Oil not on board :) |
<startrader> | See a move to 37 here. |
<Brutus> | 1 point stop | 10:43 |
<szubaark> | Covered all Short ES at 1434 --> + 2.25 «« paper »» |
| Buys ES @ 1434 «« paper »» | 10:44 |
<NihabaAshi> | Exited ER2 Long @ 732.80 --> + 1 |
| Oil and DAX retracing back downwards again :( |
| I'm now in profit protection mode after reaching my profit goals for the trading day... | 10:45 |
<Brutus> | Exited ES Long @ 1433 --> 0 |
<NihabaAshi> | Thus, 1 contract only for me for the remainder of the day. |
<Pepe> | nice | 10:46 |
<szubaark> | Exited all Long ES at 1431 --> - 3 «« paper »» |
<NihabaAshi> | Shorts ER2 @ 731.70 -> small size |
<szubaark> | Shorts ES @ 1431 «« paper »» |
<startrader> | Exited Remainder ES Long @ 1431 --> - 1.75 «« paper »» |
<szubaark> | sneaky price action again |
<NihabaAshi> | Volatility spike that turned into a volatility breakout downwards one interval later | 10:47 |
| Hammer lines trying to form |
<deepitm> | Covered Remainder YM Short @ 12927 --> + 20 «« testing »» | 10:48 |
<Brutus> | Long ES @ 1430.75 |
<startrader> | Long ES @ 1431 «« paper »» | 10:49 |
<Brutus> | 1 point stop |
| Exited ES Long @ 1430.75 --> 0 | 10:50 |
<NihabaAshi> | Covered ER2 Short @ 730.20 --> + 1.5 | 10:51 |
| wow... |
| what's up with the DAX. |
| It just dropped like a rock. |
| stop hunting ? |
| meants...it went after a lot of stops. | 10:52 |
<szubaark> | Covered all Short ES at 1431 --> 0 «« paper »» |
| Buys ES @ 1431 «« paper »» |
<Brutus> | dax db 1219 | 10:53 |
<eminitrader> | wow ..missed some sells :) |
<szubaark> | Exited all Long ES at 1429.25 --> - 1.75 «« paper »» |
| Shorts ES @ 1429.25 «« paper »» |
| geez this is jerky up an down |
<eminitrader> | dont expect any upside ...at least till the pm session... | 10:54 |
| unless fed news pumps it upward |
| Shorts ES @ 1430 |
<pdays> | Shorts ER2 @ 731.3 | 10:55 |
<NihabaAshi> | ER2 volatility spike |
| Geeesh...can this thing go lower ? |
| :) |
<szubaark> | im staying Short :)) |
<Brutus> | 1420 spx support emt? |
<NihabaAshi> | Shorts ER2 @ 730.00 -> small size |
<eminitrader> | yess b ...looking @ 1415-1420 as next support area...but major is 1410 on the SP | 10:56 |
<NihabaAshi> | Covered ER2 Short @ 729.70 --> + 0.3 |
<Brutus> | k thx | 10:57 |
<eminitrader> | Covered 1/2 ES Short @ 1428.50 --> + 1.5 |
| also minor supp 1423-1425 |
<ItalianSharp> | ER2 just broke 2007 lows | 10:58 |
| it can't get any more bearish than that |
<Pepe> | DAX data back :) | 10:59 |
<NihabaAshi> | Geeesh...I have no losers today...that's rare. |
<eminitrader> | Covered Remainder ES Short @ 1430 --> 0 | 11:01 |
<Pepe> | nice Nihaba |
<X> | #FuturesTrades Info -> Chat room for traders and intermarket analysis of Emini Futures (EMD, 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, XLE, QQQQ, SPY) | 11:06 |
<jc1> | Fed Vice Chairman Donald Kohn will be speaking about the economy at 11:15 ET. | 11:10 |
<startrader> | Long ES @ 1428.75 «« paper »» |
<eminitrader> | Shorts ES @ 1430.75 | 11:14 |
<startrader> | Exited 1/2 ES Long @ 1530.25 --> + 101.5 «« paper »» | 11:15 |
| wishfull! | 11:16 |
<NihabaAshi> | Thanks jc1...I forgot about that FED event speech. |
<jc1> | last time he spoke about rate cut for Dec, market rallied big | 11:17 |
| but now everyone expects rate cut at Jan meeting. | 11:18 |
<eminitrader> | Covered 1/2 ES Short @ 1427.75 --> + 3 |
<startrader> | Long ES @ 1528.75 -> Add «« paper »» | 11:20 |
<eminitrader> | Covered Remainder ES Short @ 1430.75 --> 0 | 11:25 |
| Shorts ES @ 1432.50 | 11:26 |
<startrader> | Exited 1/2 ES Long @ 1432.25 --> - 96.5 «« paper »» |
| Exited Remainder ES Long @ 1433 --> + 4.25 «« paper »» | 11:28 |
<pdays> | Covered all ER2 Short @ 730.4 --> + 0.9 | 11:35 |
<eminitrader> | Covered 1/2 ES Short @ 1430 --> + 2.5 | 11:42 |
<startrader> | Long ES @ 1430.50 «« paper »» | 11:45 |
| Exited all ES Long @ 1432.25 --> + 1.75 «« paper »» | 11:51 |
| Shorts ES @ 1431.75 «« paper »» | 11:58 |
* codehead_afk | is now known as codehead | 12:00 |
* Looking | up JorD user info... | 12:04 |
<eminitrader> | Covered Remainder ES Short @ 1430.50 --> + 2 | 12:32 |
<pat255> | em u stuck thru this up move .. | 12:33 |
<eminitrader> | have a good wkend and good trading all |
| yes awith a add 1434 |
<pat255> | k thks ..later em |
| vn trades |
<Brutus> | well done e, have a good one |
<szubaark> | bye |
<eminitrader> | will hold overnight stop 1436.75 | 12:34 |
| thx guys |
<codehead> | long YM 12931 <paper> | 12:57 |
| premature--looking at a 3 min signal that might roll over | 12:58 |
| stop 12925 <paper> | 12:59 |
| did roll over | 13:00 |
| stopped | 13:01 |
<szubaark> | code, i got whacked on Longs all this week | 13:02 |
<codehead> | -6 paper |
<szubaark> | seems like every pop up is just short covering |
<codehead> | i been chicken past couple of days--took a trade was up 15 ticks and let it go against me fairly large wednesday, got out with +5 when it came back, plus a couple of successful scalps on adds, but ti was stupid | 13:03 |
<szubaark> | i know, i do that all the time :( |
| Mark Douglas cant even help me LOL | 13:05 |
<codehead> | from a book I'm reading ($600!): "I have been around traders for well over 20 years and the biggest losers I have ever met are people who refuse to close a losing position." |
<szubaark> | I think my big lose from yersturday is haunting me today as i want to end day positive AT ALL COSTS. | 13:06 |
<codehead> | i have that problem, especially when i don't trade futs for a while, and go to trade again |
<szubaark> | I hate finishing Friday with a loss, ruins my whole weekend |
<codehead> | YM retested the last bounce area | 13:07 |
| both time got thin there and sellers dried up a bit, we'll see |
<szubaark> | trend is down | 13:08 |
<X> | #FuturesTrades Info -> Chat room for traders and intermarket analysis of Emini Futures (EMD, 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, XLE, QQQQ, SPY) | 13:09 |
<codehead> | so far that retest ok--could see turbo cross as buyers came in as it was pushing down around 13915 | 13:19 |
| need to break 13946 and have a try at that 977 top |
<Brutus> | 01/03/2008 08:15 *DJ ADP Sees December US Private Sector Jobs +40,000 | 13:31 |
<szubaark> | Covered all Short ES at 1429 --> + 0.25 «« paper »» | 13:51 |
| nasty pop | 13:52 |
<Brutus> | 01/04/2008 13:52 *DJ Bush: Despite Uncertainty,Finl Markets Are "Strong And Solid" |
<szubaark> | Buys ES @ 1429 «« paper »» | 13:53 |
<codehead> | long 12895 <paper> | 14:07 |
| stop 12879 <paper> |
| YM |
<szubaark> | Exited all Long ES at 1424.75 --> - 4.25 «« paper »» | 14:13 |
| :(( |
<codehead> | not looking good sheesh |
<szubaark> | Shorts ES @ 1424.75 «« paper »» |
| yeah just a fakeout pop |
| c'mom Tank | 14:14 |
<startrader> | Long ES @ 1425 «« paper »» |
| Long ES @ 1426 -> Add «« paper »» | 14:18 |
<szubaark> | who knows where its going from here | 14:19 |
<NihabaAshi> | Long ER2 @ 728.40 -> small size |
| Late entry due to some distractions and a trade error :( |
<szubaark> | Ive been getting whacked on Longs all day | 14:20 |
| Via Opposite Volatility spikes :( |
<startrader> | Exited all ES Long @ 1425 --> - 1 «« paper »» |
<NihabaAshi> | Exited ER2 Long @ 726.70 --> - 1.7 | 14:21 |
| Reverse and Enter Short ER2 @ 726.70 |
<codehead> | stopped -16 <paper> | 14:22 |
<NihabaAshi> | volatility spike |
<codehead> | got within two of my exit twice :-/ |
<szubaark> | Hopefully it doesnt Retrace Suddenly :(( |
<NihabaAshi> | very little although other key markets are saying there's more downside | 14:23 |
| volatility contracting again | 14:25 |
<startrader> | Long ES @ 1423 «« paper »» |
<szubaark> | :( | 14:26 |
<NihabaAshi> | Covered ER2 Short @ 726.50 --> + 0.2 |
| Shorts ER2 @ 725.80 -> small size | 14:28 |
| :( | 14:30 |
| geeeesh |
| It just doesn't want to break down |
<szubaark> | yeah trend is down but its Impossible to ride it :(( | 14:31 |
<NihabaAshi> | Ok...there she goes but it needs to hold and not retrace. |
<szubaark> | basicly no WRB's at all |
<NihabaAshi> | WRB pt1 reached |
| Covered ER2 Short @ 725.40 --> + 0.4 | 14:32 |
| shallow profit WRB pt1 :( |
<szubaark> | Short again? | 14:33 |
<NihabaAshi> | Long ER2 @ 725.10 -> small size | 14:34 |
| stole a great entry because my entery signal was at 726.00 | 14:35 |
<szubaark> | exit stop moved to breakeven ES @ 1424.75 «« paper »» |
<NihabaAshi> | Exited ER2 Long @ 725.20 --> + 0.1 | 14:36 |
| tough retracement | 14:37 |
<szubaark> | They've been tough all day |
<NihabaAshi> | no volatility entry signals on that drop :( | 14:38 |
<szubaark> | they dont want anyone on this trend | 14:39 |
<NihabaAshi> | At least I returned in afternoon trading session when there was some volatility to shake things up a bit. |
| back to back double Dark Hammer Lines in the DAX | 14:45 |
| Always bullish for a few ticks at the minium |
| Long ER2 @ 723.10 -> small size |
<szubaark> | Covered all Short ES at 1421.25 --> + 3.5 «« paper »» |
| Buys ES @ 1421.50 «« paper »» | 14:46 |
<drs> | Shorted er2 725.8, exit 723.2 +2.6 | 14:47 |
<NihabaAshi> | Exited ER2 Long @ 724.20 --> + 1.1 |
| My goal was only 3 ticks on that trade but I decided to stay in it much longer due to the fact that Oil and Gold started giving some support after my entry | 14:48 |
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WRB Analysis
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<drs> | Short @723.9 exit 723 +.9 | 14:54 |
<startrader> | 1418 should bounce it | 14:55 |
<szubaark> | [12:34] <eminitrader> will hold overnight stop 1436.75 | 15:02 |
* sep34 | is now known as sep34_away | 15:07 |
<szubaark> | Exited all Long ES at 1423.75 --> + 2.25 «« paper »» | 15:13 |
<X> | #FuturesTrades Info -> Chat room for traders and intermarket analysis of Emini Futures (EMD, 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, XLE, QQQQ, SPY) | 15:15 |
<codehead> | long Ym 12870 <paper> | 15:17 |
| exit half YM +20 <paper>, raise stop b/e on remainder | 15:19 |
| set stop to 12865 on reminder | 15:21 |
<szubaark> | Shorts ES @ 1421.50 «« paper »» |
<codehead> | retest of previous dip |
| raise stop to b/e | 15:23 |
| hit |
| noticed it was in a zlr for more down | 15:24 |
<szubaark> | those quick pop ups are weird..havent seen those before |
<codehead> | earlier, YM had a sizable sell order at 867, when it came back up to him for another try and eventually ate thru, the pop was quick | 15:25 |
| that big bar |
| ER relatively strong here | 15:26 |
| next bar will be 6th above zero on cci | 15:27 |
| and it didn't try to retest with the others |
<szubaark> | what time frame? |
| i noly watch CCI on 5min |
<codehead> | 5 min | 15:28 |
<szubaark> | anything lower is too many fake signals |
<codehead> | ER breaking out the last high |
| btw, lod on YM was exactly S3 | 15:29 |
| tapped it |
<szubaark> | probobly another fakeout to sucker in the Longs |
| Covered all Short ES at 1426.50 --> - 5 «« paper »» |
| Buys ES @ 1426.50 «« paper »» |
| :(( | 15:33 |
<codehead> | ER lookin for longs on cci 5 min now, believe it or not | 15:36 |
| relatively strong, but won't stay that way if the other take more heat |
<szubaark> | lots of people holding Shorts, would expect a end of day pop from hell | 15:39 |
<ItalianSharp> | im really surprised YM was held above the 13826 area | 15:40 |
| i figured it'd test it before day end | 15:41 |
<szubaark> | Exited all Long ES at 1420.50 --> - 6 «« paper »» | 15:47 |
| Shorts ES @ 1420.50 «« paper »» |
| Covered all Short ES at 1420.25 --> + 0.25 «« paper »» | 15:52 |
| Buys ES @ 1420.25 «« paper »» |
| Exited all Long ES at 1418 --> - 2.25 «« paper »» | 15:56 |
| Too tough |
<codehead> | past couple of days they been selling the indices hard into cash close--and getting a big YM bounce right after | 15:58 |
<szubaark> | they making it impossible to stay in atrade unless u frikin scalping for ticks |
<codehead> | though my downside expectation on Ym ws about where sharp mentioned, so i'm reluctant to nibble |
<futurible> | GN ALL AN GOOD WEEKEND | 16:02 |
<Brutus> | ============ U.S. MARKETS ACTION =========== | 16:04 |
| DJIA down 245.73 points to 12816.60 |
| NASDAQ down 95.39 points to 2507.29 |
| S&P 500 down 33.30 points to 1413.89 |
| 10-year T-note up 77/32 at 103 5/32 yield 3.860 |
| NYMEX Spot Crude down $1.28 at $97.90/bbl at close |
| Dollar/Euro up 0.0018 at 1.4759 |
<codehead> | well, this is three days in a row they pressured YM to close lod, then immediately started buying it back | 16:11 |
| i tried place a buy order in 40's at the close and my platform was hosed :-/ |
| could bought 52 by the time i fixed it, but chickened out, after remembering it's friday and a/h often dries up fast on fri | 16:13 |
| dang platform stopped updating price ladder again after a bit anyway--gotta call broker :-/ | 16:18 |
<NihabaAshi> | Take care all and see all tomorrow. | 16:28 |
* NihabaAshi | is now known as NihabaAshi_away |
<NihabaAshi_away> | Meant...see all on Monday :) | 16:39 |
<silo> | and i thought we were all going to your house for a dinner party | 16:40 |
| :\ |
<werner> | Long YM @ 85 «« testing »» | 16:59 |
| Exited all YM Long @ 90 --> + 5 «« testing »» |
| Long YM @ 90 «« paper »» | 17:00 |
| Exited all YM Long @ 85 --> - 5 «« paper »» |
| gn all | 17:01 |
<X> | #FuturesTrades Info -> Chat room for traders and intermarket analysis of Emini Futures (EMD, 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, XLE, QQQQ, SPY) | 17:21 |
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