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Jan 5th Thurs 2006 Trade Log

#FuturesTrades is a private and free realtime trading posting room on the IRC Othernet server.

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

In addition, NihabaAshi is the only trader in #FuturesTrades that represents TheStrategyLab.com strategies.

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

Also, if you want to see an example of a trading day of what the trades actually look like on a computer screen while using mIRC to communicate with traders from all over the world in #FuturesTrades...click here.


NihabaAshi's Total Points Today: ER2 +7.10 or $710.00

 Session Start: Thu Jan 05 09:30:46 2006Session Ident: #futurestrades
* Now talking in #futurestrades09:30
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
<PapaJon> gm all09:34
<GoodMood> gm PapaJon09:35
<NihabaAshi>  Key Economic Events Today -> 10am est ISM NOn-Mfg Survey, 10am est Home Sales Index and 1030am est EIA Petroleum Status Report.
<mispe>  Shorts YM @ 10922 09:43
<eminitrader>  Shorts ES @ 1281.75 09:44
<jimmy>  Shorts NQ @ 1714.50 -> large size 09:45
  exit stop set NQ @ 1618 09:46
<eminitrader>  Covered 1/2 ES Short @ 1281.25 --> + 0.5
<mispe>  Covered 1/2 YM Short @ 10918 --> + 4
<eminitrader>  Covered Remainder ES Short @ 1281.75 --> 0 09:47
<szubaark>  Long NQ @ 1716.50
<mispe>  Covered Remainder YM Short @ 10920 --> + 2
<eminitrader>  Shorts ES @ 1281.75 09:49
  Covered 1/2 ES Short @ 1280.75 --> + 1 09:50
<NihabaAshi>  Shorts ER2 @ 692.30 -> small size 09:51
<mispe>  Shorts YM @ 10917
<NihabaAshi> Trade error...looking to dump this soon.09:53
<mispe>  Covered 1/2 YM Short @ 10910 --> + 7
<NihabaAshi>  Covered all ER2 Short @ 692.10 --> + 0.2 09:54
<mispe>  Covered Remainder YM Short @ 10913 --> + 4
<jimmy>  Covered 2/3 NQ Short @ 1711.50 --> + 3 09:55
<eminitrader>  Covered Remainder ES Short @ 1279.75 --> + 2 09:57
<jimmy>  Covered Remainder NQ Short @ 1711 --> + 3.5

Covered all NQ Short @ 1711 --> + 3.5 09:59
<eminitrader>  Long ES @ 1280 10:00
  Exited 1/3 ES Long @ 1280.50 --> + 0.5 10:02
  Exited Remainder ES Long @ 1280 --> 0 10:03
<NihabaAshi>  Key Economic Events Today -> 1030am est EIA Petroleum Status Report.10:05
<mispe>  Shorts YM @ 10927
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.10:06
<szubaark> up and away
<mispe>  Covered all YM Short @ 10932 --> - 5 10:07
<eminitrader>  Long ES @ 1282.50
<szubaark>  Exited 1/2 NQ Long @ 1720 --> + 3.5 10:08

exit stop set NQ @ 1717 10:09
<eminitrader>  Exited all ES Long @ 1282.50 --> 0
<mispe>  Shorts YM @ 10940 10:10
<szubaark>  Exited all NQ Long @ 1717 --> + 0.5
 so muc for that10:11
<mispe>  Covered 1/2 YM Short @ 10935 --> + 5
<szubaark> with a bad entry like that no wonder i got so easy shaken out. geez your entries have to be PERFECT
<mispe>  Covered Remainder YM Short @ 10930 --> + 10 10:16
<eminitrader>  Shorts ES @ 1282 10:23
<mispe>  Shorts YM @ 10942 10:24

Covered 1/2 YM Short @ 10931 --> + 11 10:26
<szubaark>  Shorts YM @ 10930
<eminitrader>  Covered 1/2 ES Short @ 1280.50 --> + 1.5 10:27
<szubaark> nice trading emini
<mispe>  Covered Remainder YM Short @ 10930 --> + 12
<eminitrader> thx szu..so far so good today :)10:28
<NihabaAshi>  Shorts ER2 @ 692.50 -> large size 10:33
<eminitrader>  Covered 1/3 ES Short @ 1279 --> + 3 10:35
<szubaark>  Covered 1/2 YM Short @ 10915 --> + 15 10:36
<NihabaAshi>  Covered 1/3 ER2 Short @ 692.00 --> + 0.5
<mispe>  Shorts YM @ 10916
<szubaark>  exit stop set YM @ 10929
<NihabaAshi>  Trailing Stop Hit ER2 @ 691.00 --> + 1.5

Ooopss...incorrect...

Its a stop adjustment...

exit stop lowered ER2 @ 693.00 10:37
<szubaark> Increasing my timeframe for PT210:38
<NihabaAshi>  exit stop moved to breakeven ER2 @ 692.50
<mispe>  Covered 1/2 YM Short @ 10909 --> + 7
<NihabaAshi>  Covered 1/3 ER2 Short @ 691.00 --> + 1.5 10:39
<mispe>  Covered Remainder YM Short @ 10905 --> + 11
<NihabaAshi> There's my 691.00 being reached...still holding 1/3

exit stop lowered ER2 @ 692.40
<eminitrader>  Covered Remainder ES Short @ 1277.50 --> + 4.5 10:40
<mispe> good shot emini10:41
<eminitrader> thx mispe ..done for the day..good trading all
<mispe> go and get you a drink!10:42
<eminitrader> :)) will wait for ya
<szubaark> yeah emini 4 for 4 not bad buddy
<eminitrader> like i said szu..today was very good ..last day like this was in oct10:43
 where i had 4 consecutive wins by 10.3010:44
<mispe>  Long YM @ 1901 10:46

Exited 1/2 YM Long @ 10907 --> + 9006 10:47

+6

Exited Remainder YM Long @ 1907 --> + 6 10:48
<NihabaAshi>  Covered Remainder ER2 Short @ 691.90 --> + 0.6 10:50
<pat255> vn Niha...geez missed entry...10:54
<NihabaAshi>  Long ER2 @ 691.40 10:55
 1 contract trade and I'm in profit protection mode.10:56
 I also got a massive headache and want to sit on my profits for the remainder of the trading day.
<mispe>  Long YM @ 10902 10:57
<pat255> wow niha after such a good trade if i had a headache it will be gone ...:)10:59
<mispe>  Exited 1/2 YM Long @ 10909 --> + 7 11:01
<NihabaAshi>  exit stop moved to breakeven ER2 @ 691.40
<mispe>  Exited Remainder YM Long @ 10912 --> + 10 11:04
<NihabaAshi>  Exited ER2 Long @ 692.20 --> + 0.8
 Wanted 692.60 but didn't get a fill at the Open of that prior Dark WRB...decided to dump it at market a few seconds later when I didn't get the fill price of 692.6011:06
 Gonna take an aspirin and rest my eyes (have eye strain that's causing the headache)...11:07
 Be back later.
* NihabaAshi is now known as NihabaAshi_away
<GoodMood> wish you the best !
<pat255> take it easy ...:9
<GoodMood> Question: How do I save my window-setup in mIRC ?11:12
<szubaark> when u log on next time it should be saved already11:14

Covered all YM Short @ 10929 --> + 1 11:16

:((
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.11:18
<szubaark> nq holding this up11:33

Long NQ @ 1718 11:36

Exited 1/2 NQ Long @ 1719.50 --> + 1.5 12:00

possible Double top PLUS its lunchtime games

exit stop set NQ @ 1718 12:01

Exited all NQ Long @ 1718 --> 0 12:18
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.12:30
<szubaark> codehead see that mittens Ghost for frikin .50 ticks LOL12:39
<codehead> on NQ?... i'll lok, do't usually have nq chart up12:54
 i scalped a vegas on Ym earlier
 been busy getting my new Mac up after burglary wiped me out12:55
<szubaark> geez... hope u get set up again13:02
<codehead> getting there13:03
 inv ghost 3 min nq13:08
<szubaark>  Long NQ @ 1718 13:10
<codehead> short YM 10919 <paper>13:13
 don't have time to manage a real one, messing with too many stocks
 chekcing friend's theory here
 stop YM 10926 <paper>13:16
<togglex> short er2 694.5

close short er2 693.6 +0.913:20
<codehead> lower stop to 10918 <paper>13:24
 5 min had zlr13:26
 exit YM short 1091113:27
 no signal to exit, but it's paper and distracting13:28
 +8 <paper>
 have to manage my NEM single stock future short
<szubaark> how u like single stock futures?13:31
<codehead> depends--have to be careful that spread not too much13:33
 for some it works out well
 and shorting is easier
 no uptick to be concerned with13:34
 here's the vegas i was "worried" about in my paper trade
 trying to trigger ont he 5 min YM
 also stops are a little more problematic--you can't set a stop to trigger on a traded value, cuz you may be the only one trading it13:35
 oh another advantage over stocks is the long term cap gains rule for futs13:37
 fwiw
<szubaark> code i dont like ZRL because its turns into Shamu a lot (mittens shamu)

Even a Ghost you can lose if it gets rejected at ZRL13:38
<codehead> yeah, i have trouble trusting ZLR myself, rarely take them
<szubaark> CCI is not as easy to trade as Woodie wants u to believe
<codehead> yes
<szubaark> Ive heard a lot of people blew up with the CCI
<codehead> it gives you an entry signal, but really i've found that everything is in the management once you're in
 it might be better in telling you when to stay out--for instance when you want to short something real bad that's on a tear--if cci tells you it's still in buy mode, you usually get run over13:40
<szubaark> I like 100 crosses but like u said Managment is KEY13:41
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.13:42
<szubaark> IF we can break above today's high, we could be UP UP and away on Dailys13:44

YM not going anywhere13:55

Exited all NQ Long @ 1718 --> 0

oh well, good try anyways
<GoodMood>  Long ES @ 1278.25 14:17
<codehead> hm, a friend had a turn time for a dip, starting 10 mins ago14:25

but he said if wouldn't be huge, and expected move up possibly close hod
<GoodMood>  Exited all ES Long @ 1276.75 --> - 1.5 14:26
<togglex> i'm surprised it turned so fast on er214:27
<codehead> yeah, some shake14:29
<substanz>  Long YM @ 10896 «« paper »» 14:40

Exited all YM Long @ 10884 --> - 12 «« paper »» 14:45
<codehead> potential ER 3 min vegasa14:47
<substanz>  Long YM @ 10895 «« paper »» 14:49
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.14:51
<PapaJon> sheesh.. took me all morning to get back connected14:56

finally figured out my router/gateway need to be reset... go figure

hmmf... looks like i dint miss much14:57
<eminitrader> u probably saved a bunch pj :))14:59
<PapaJon> hehe

looks that way... :))
<substanz>  Exited all YM Long @ 10906 --> + 11 «« paper »» 15:05
<togglex> short er2 695.015:18
<substanz>  Shorts YM @ 10910 «« paper »» 15:21
<togglex> close short 695.4 -0.4
<codehead> so far, friend was right about the dip time and bounce to highs on ER15:29
<substanz>  Covered all YM Short @ 10910 --> 0 «« paper »» 15:34
* GoodMood is now known as Spiesser15:36
* Spiesser is now known as GoodMood
<substanz>  Shorts YM @ 10912 «« paper »» 15:39
  Covered all YM Short @ 10909 --> + 3 «« paper »» 15:44
<codehead> adding to what i said earlier about single stock future: you relaly have to shop the spread; GM spread runs 30 cents, Ford 5 cents15:50

and some of the high-priced stocks pretty reasonable spread

BIIB filling the gap down16:00

wrong room sorry16:01
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.16:03
* DisconnectedSession Close: Thu Jan 05 20:35:39 200616:44

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