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| Session Start: Wed Jan 16 09:25:40 2008Session Ident: #FuturesTrades |
* Now | talking in #FuturesTrades | 09:25 |
<X> | [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm |
<NihabaAshi> | Good morning all. | 09:26 |
<werner> | hi |
<NihabaAshi> | My personal life (family) seems to be getting back to normal and I got a good night of rest last night. |
<ItalianSharp> | hi all |
<rickf> | morning IS | 09:27 |
<NihabaAshi> | Thus, I'm going to be aggressive today in my trading and I'll also be able to respond to some emails that need responding too. |
<lumenPharmer> | gm all |
<Brutus> | gm all | 09:28 |
<drt> | gm good trading |
<rep1acs> | great N, looking forward to ur email =) | 09:29 |
<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) |
<lumenPharmer> | last range on er was 740- 800 on daily, 60 pts, | 09:30 |
| it broke, so we could still see 680, or close | 09:31 |
| would be -60 from range break | 09:32 |
| nq range was 2000- 2150, 150pts | 09:33 |
| so close to 1850, -150 |
<ripsboy> | gm all... | 09:34 |
<NihabaAshi> | Long ER2 @ 699.90 -> large size |
| Late entry (chaser)...so far...not much for wiggle room to stay in the trade. | 09:36 |
| Exited ER2 Long @ 700.30 --> + 0.4 | 09:37 |
| Had an exit problem with my order above 701.00 |
<szubaark> | Shorts ES @ 1384 «« paper »» | 09:39 |
| Covered all Short ES at 1387.50 --> - 3.5 «« paper »» | 09:41 |
<NihabaAshi> | That's what happens when you have no wiggle roo... |
<szubaark> | Buys ES @ 1387.50 «« paper »» |
<NihabaAshi> | Too easily shaken out of a mover :( |
<pat255> | :( |
<NihabaAshi> | Could have been my biggest trade in months due to the size I had on it :( |
| I only get opportunities like this a few times per month. | 09:46 |
| Today was the first of the month and there will be others :) |
<Brutus> | days still young,plenty of oppertunities today Niha, | 09:47 |
<NihabaAshi> | Yeah via a lower position size only. | 09:48 |
| I may go large again but just not as loaded as I was on the first trade today. |
<TraderO> | .Short ES @1388 | 09:50 |
| ok |
<szubaark> | Exited all Long ES at 1387.50 --> 0 «« paper »» |
<TraderO> | +v |
<szubaark> | Shorts ES @ 1387.50 «« paper »» |
<NihabaAshi> | geeesh... | 09:51 |
| Shorts ER2 @ 702.00 -> large size | 09:55 |
| I got some data problems at the top near a pattern signal... | 09:56 |
<szubaark> | Covered all Short ES at 1384 --> + 3.5 «« paper »» |
<NihabaAshi> | Couldn't get short then... |
| Did another chaser as soon as my data cleared up. |
| No wiggle room this time too but I do have it going in my favor in comparison to the prior trade. | 09:57 |
<szubaark> | so far chasing no problem as we have followthru. |
<NihabaAshi> | Chasing not recommended unless you feel certain you can catch "something" instead of "nothing". | 09:58 |
<rickf> | short es 1480 | 10:00 |
<NihabaAshi> | Covered ER2 Short @ 698.50 --> + 3.5 |
| Holding 1 contract only |
<szubaark> | Nice Niha. |
<Pepe> | very nice NIha!!! |
<les> | Long ER2 @ 699.1 «« paper »» | 10:01 |
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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)
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<szubaark> | Shorts ES @ 1382 «« paper »» | 10:02 |
<les> | Exited all ER2 Long @ 698.1 --> - 1 «« paper »» | 10:04 |
<KN-ES> | Long ES @ 380.75 | 10:05 |
<rickf> | exit es 1481 -1 |
<les> | Long ER2 @ 698.9 «« paper »» | 10:06 |
<szubaark> | Covered all Short ES at 1382 --> 0 «« paper »» |
<KN-ES> | Exited 2/3 ES Long @ 383 --> + 2.25 | 10:07 |
<szubaark> | Shorts ES @ 1382 «« paper »» |
<KN-ES> | Exited 1/6 ES Long @ 382.75 --> + 2 |
| Exited Last Contract ES Long @ .80.25 --> - 0.8 | 10:08 |
| Exited Last Contract ES Long @ 380.25 --> - 0.5 | 10:09 |
<szubaark> | Covered all Short ES at 1380.50 --> + 1.5 «« paper »» |
| Shorts ES @ 1379.25 «« paper »» | 10:10 |
<les> | Long ER2 @ 698.4 -> Add «« paper »» |
<KN-ES> | Long ES @ 80.25 | 10:11 |
| sz |
| Exited all ES Long @ 80.25 --> 0 | 10:12 |
<NihabaAshi> | That was a big WRB...another one today. | 10:13 |
| Great volatility up and down so far. |
| Gotta catch one of those runs (up or down). |
<pat255> | gave it all back ...what the .. | 10:14 |
<les> | ugh |
| Exited all ER2 Long @ 696.6 --> - 4.1 «« paper »» | 10:15 |
<szubaark> | really nice followthru so far. |
<NihabaAshi> | Covered Remainder ER2 Short @ 694.60 --> + 7.4 |
<les> | Shorts ER2 @ 695 «« paper »» |
<pat255> | vvn N.. | 10:16 |
<NihabaAshi> | Yeah...went over easily my 2k profit goal for the day. |
<Brutus> | wtg Niha |
<lumenPharmer> | nice | 10:17 |
<NihabaAshi> | Amazing considering I got shaken out of that Long position with a very large size for just a few tick profits to only see it move up almost 6 more points. |
| Then I missed the Short signal soon after the top and chased it beyond a point. |
| Simply, I still made a bundle after leaving a bundle on the table of profits. | 10:18 |
<TraderO> | Long ES @ 1378 |
<KN-ES> | Shorts ES @ 77.75 | 10:21 |
| Covered 2/3 ES Short @ 76.75 --> + 1 |
<NihabaAshi> | I'm done for the trading day. | 10:22 |
<KN-ES> | Covered Remainder ES Short @ 77.25 --> + 0.5 |
<NihabaAshi> | Will spend the rest of the day responding to emails about trading. | 10:23 |
<rickf> | after that run, you deserve a break niha :) |
<KN-ES> | Covered ES Short @ 77.25 --> + 0.5 |
| Reverse and Enter Long ES @ 77.25 |
<les> | Covered all ER2 Short @ 694.8 --> + 0.2 «« paper »» |
<KN-ES> | Exited 2/3 ES Long @ 79.25 --> + 2 |
<rickf> | nice kn |
<KN-ES> | Exited Remainder ES Long @ 78.75 --> + 1.5 | 10:24 |
| thanks rickf |
<les> | Long ER2 @ 695.8 «« paper »» | 10:25 |
<TraderO> | Exited 1/2 ES Long @ 79.5 --> - 1298.5 |
<KN-ES> | Shorts ES @ 80.25 | 10:26 |
| Covered 2/3 ES Short @ 79.25 --> + 1 | 10:27 |
| Covered 1/6 ES Short @ 78 --> + 2.25 |
| Covered Last Contract ES Short @ 78.75 --> + 1.5 |
<NihabaAshi> | I've changed my mind... | 10:30 |
<KN-ES> | Long ES @ 78 |
<les> | Long ER2 @ 694.5 -> Add «« paper »» |
<NihabaAshi> | I'm going to continue trading via 1 contract only. |
| Want to continue trading via a new strategy for my data trades for my stats. |
<KN-ES> | Exited 5/6 ES Long @ 79.5 --> + 1.5 | 10:31 |
| Exited Last Contract ES Long @ 78 --> 0 |
<NihabaAshi> | Especially with the EIA Petroleum status rpeort just released and the pending 2pm Beige Book :) |
<les> | Exited 1/3 ER2 Long @ 696 --> + 1.5 «« paper »» |
<NihabaAshi> | Good time to get greedy. |
<KN-ES> | Exited ES Long @ 78 --> 0 | 10:32 |
| Reverse and Enter Short ES @ 78 |
| Covered all ES Short @ 78..5 --> + 78 - 78..5 |
<les> | Exited 1/3 ER2 Long @ 696.6 --> + 0.8 «« paper »» | 10:33 |
<KN-ES> | Covered all ES Short @ 78.5 --> - 0.5 |
<NihabaAshi> | volatility breakout on 2min chart |
| hopefully it retraces |
| Long ER2 @ 696.90 -> small size | 10:34 |
| 1 only |
<KN-ES> | Shorts ES @ 78.25 | 10:35 |
<NihabaAshi> | Exited ER2 Long @ 697.00 --> + 0.1 |
| They grabbed my trail too easy :( | 10:36 |
<KN-ES> | Covered all ES Short @ 78.5 --> - 0.25 |
<rickf> | grrrr. i so need to trade futures somewhere else :( |
| (sorry, ranty broker problems again) |
<KN-ES> | early again !! | 10:37 |
<szubaark> | KN what timeframe you watching? |
<TraderO> | Exited Remainder ES Long @ 76.5 --> - 1301.5 |
<KN-ES> | just the market deapth | 10:38 |
| :( |
<NihabaAshi> | A lot of downside pressure right now...ER2 trying hard to fight it. | 10:39 |
<les> | Exited Remainder ER2 Long @ 696 --> + 0.2 «« paper »» |
<szubaark> | market taking breather after this mornings unusual Volatility | 10:40 |
<NihabaAshi> | There's the retracement I asked for. |
| Long ER2 @ 695.70 -> small size | 10:41 |
| Exited ER2 Long @ 695.00 --> - 0.7 | 10:42 |
| Reverse and Enter Short ER2 @ 695.00 |
| too much downside pressure |
<szubaark> | another WRB on ES "forming" this will be my Profit Target |
| Covered all Short ES at 1473 --> - 93.75 «« paper »» | 10:43 |
| Covered all Short ES at 1373 --> + 6.25 «« paper »» |
<rickf> | nice |
<szubaark> | thanks |
<KN-ES> | nice trade |
<Brutus> | good one szu | 10:44 |
<pdays> | sweet szu |
<KN-ES> | Long ES @ 73.5 |
<szubaark> | Good followhtur is always easier to trade. Days like today are Rare. |
<NihabaAshi> | Covered ER2 Short @ 694.90 --> + 0.1 |
<rickf> | k i am off to the gym -- enjoy the volatility that will happen once i step away from the desk :) | 10:46 |
<KN-ES> | Exited all ES Long @ 71.75 --> - 1.75 | 10:47 |
<rep1acs> | wow very nice trend today |
<pat255> | weaker than carnival lemonade | 10:49 |
<NihabaAshi> | :) | 10:50 |
| My 5 year old made some lemonade that caused my spouse to vomit. | 10:51 |
| He got upset after I refuse to drink it too. | 10:52 |
<pat255> | ooops ...:( |
<NihabaAshi> | :) |
<pat255> | lol |
<NihabaAshi> | DAX has back to back Hammer lines |
| Long ER2 @ 693.50 -> small size | 10:53 |
<TraderO> | Exited ES Long @ 1371 --> - 7 | 10:54 |
| Long ES @ 70 | 10:55 |
<NihabaAshi> | It's trying hard to shake me out | 10:56 |
<rep1acs> | i'm really lucky today...short eur from the top lol | 10:57 |
<NihabaAshi> | Gold and Oil trying hard to help me on this trade. | 10:58 |
| Just lost my Oil data | 10:59 |
| :( |
| I got Gold still :) |
<TraderO> | Exited ES Long @ 72.5 --> + 2.5 | 11:00 |
<rep1acs> | done for the day..off to bed | 11:01 |
| good trading all |
<NihabaAshi> | Exited ER2 Long @ 694.20 --> + 0.7 |
| Had a WRB pt1 at 694.70 | 11:02 |
| Wasn't fast enough on the trigger :( |
<KN-ES> | Long ES @ 73.5 -> small size |
| Exited 1/2 ES Long @ 76.5 --> + 3 | 11:08 |
| sell limit to exit ES long @ 73.50 | 11:09 |
<szubaark> | Shorts ES @ 1377.50 «« paper »» | 11:10 |
<KN-ES> | Exited Last Contract ES Long @ 77.50 --> + 4 | 11:11 |
<szubaark> | nice KN |
<NihabaAshi> | Be back later...got some email replies to do. |
* NihabaAshi | is now known as NihabaAshi_away | 11:12 |
<szubaark> | exit stop moved to breakeven ES @ 1377.50 «« paper »» | 11:19 |
<pat255> | hmmm is emini here? |
<szubaark> | Hes logged in, but not around |
<pat255> | ah ha k ..ty |
<Pepe> | Where is Jperl?? |
<szubaark> | Covered all Short ES at 1377.50 --> 0 «« paper »» | 11:21 |
<silo> | yeah jperl hasn't been around for a long time |
| when was the last time yo usaw him |
<szubaark> | Buys ES @ 1377.50 «« paper »» |
| exit stop moved to breakeven ES @ 1377.50 «« paper »» | 11:23 |
| Exited all Long ES at 1379 --> + 1.5 «« paper »» | 11:29 |
| Wanted 1380+ But see some retrace Sellers coming in |
<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) | 11:32 |
<KN-ES> | Shorts ES @ 76.50 | 11:38 |
| sz |
| Covered 1/2 ES Short @ 75.50 --> + 1 | 11:42 |
* sep34 | is now known as sep34_away | 11:44 |
<KN-ES> | Covered Remainder ES Short @ 75.50 --> + 1 | 11:47 |
<NihabaAshi_away> | Long ER2 @ 699.30 -> small size |
<KN-ES> | Covered Remainder ES Short @ 76.50 --> 0 |
| not 75.5 |
<NihabaAshi_away> | Late entry...over analysis of some data |
| Exited ER2 Long @ 700.30 --> + 1 | 11:50 |
<Pepe> | very nice |
<NihabaAshi_away> | I've missed a lot of good price action today along with a few late entries... |
| Still feels like I've just robbed the local bank. | 11:51 |
<KN-ES> | Long ES @ 78.25 |
<NihabaAshi_away> | Time for the getta-away car and go to lunch... |
| Will be back later so keep your "hands up". | 11:52 |
| :) |
<KN-ES> | Exited 5/6 ES Long @ 81.25 --> + 3 |
<Pepe> | :) | 11:53 |
<KN-ES> | sell limit to exit ES long @ 79.50 |
| Exited Last Contract ES Long @ 85 --> + 6.75 | 11:55 |
<rickf> | geez i come back and missed all the fun :( |
<szubaark> | :) |
<KN-ES> | short limit 82.50 -------test | 12:05 |
| Shorts ES @ 84 | 12:16 |
| Covered 5/6 ES Short @ 81.50 --> + 2.5 | 12:21 |
<szubaark> | nice kn |
<pat255> | vn KN |
<KN-ES> | buy limit to cover ES short @ 84 |
| thanks szubaark and pat255 | 12:22 |
<Pepe> | nice KN | 12:28 |
<KN-ES> | thanks |
| Long ES @ 86 | 12:32 |
<startrader> | Shorts ES @ 1486.50 |
<KN-ES> | Exited 5/6 ES Long @ 87 --> + 1 | 12:35 |
| sell limit to exit ES long @ 84 | 12:36 |
<startrader> | Covered 1/3 ES Short @ 1484.75 --> - 68.75 | 12:37 |
| Covered Remainder ES Short @ 1485 --> + 1.5 | 12:39 |
* codehead_afk | is now known as codehead |
<startrader> | Shorts ES @ 1487.50 | 12:41 |
| looking for a move to 79-80. | 12:42 |
| Shorts ES @ 1488 | 12:44 |
<KN-ES> | Exited Last Contract ES Long @ 89 --> + 3 | 12:45 |
| that filled 88.75 |
<Brutus> | godd trading KN |
<KN-ES> | thanks Brutus |
| looks like it may go up, but just locked the profit | 12:46 |
<startrader> | Covered 1/2 ES Short @ 1385.75 --> + 102.25 | 12:50 |
<KN-ES> | nice entry/trade starttrader | 12:51 |
| Shorts ES @ 86.5 |
| sz |
<pat255> | sz? | 12:52 |
<KN-ES> | small size. |
| :) |
<pat255> | k...ty |
<KN-ES> | Covered 1/2 ES Short @ 84 --> + 2.5 | 12:54 |
| buy limit to cover ES short @ 86 | 12:55 |
| Covered Last Contract ES Short @ 82.5 --> + 4 | 12:56 |
<pat255> | vn trdaes kn ... |
<KN-ES> | thanks pat255 |
<pat255> | housing report in 9min | 12:57 |
| kn what stop u use on es? | 12:58 |
<KN-ES> | order flow | 12:59 |
<pat255> | k... | 13:00 |
<KN-ES> | low volume |
* sep34_away | is now known as sep34 | 13:03 |
<startrader> | Covered Remainder ES Short @ 1479.25 --> + 8.75 | 13:19 |
<lumenPharmer> | very nice st | 13:20 |
<KN-ES> | nice trade | 13:22 |
<Pepe> | very nice |
| starttrader what is your trading system? Price action, Fib., indicators ? | 13:23 |
<startrader> | I look for participant cues, fibs, althimos, price action of 15 and 60 min bars. | 13:26 |
<Pepe> | ok, thanks | 13:28 |
<startrader> | Look for the lowest common denominator of cues, those used by the biggest participants. They are usually simple as they don't like to think that much:) |
| See the last 4 60 min bodies? Those closing are created by the largest participants and will serve as a pivot for the next move. | 13:31 |
<Pepe> | ok | 13:32 |
<startrader> | I do not try to predict where it will move, just wait for the start, confirmation and jump on. |
* NihabaAshi_away | is now known as NihabaAshi | 13:33 |
<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) | 13:38 |
<KN-ES> | long 82.5------test | 13:40 |
| +1.5 | 13:42 |
| tgt-->85.5 | 13:44 |
| sht 80.5---------test | 13:50 |
<Brutus> | 1400/1900 Federal Reserve Beige Book | 13:52 |
<KN-ES> | :) | 13:53 |
| trying to get the price action during news |
| break |
<GoodMood> | release | 14:00 |
<startrader> | Shorts ES @ 1381.25 |
| Covered all ES Short @ 1379 --> + 2.25 | 14:03 |
<NihabaAshi> | Long ER2 @ 704.30 -> small size | 14:07 |
<startrader> | Shorts ES @ 1385.50 | 14:11 |
<NihabaAshi> | Exited ER2 Long @ 706.50 --> + 2.2 | 14:12 |
<startrader> | Shorts ES @ 1386 -> Add | 14:13 |
<Pepe> | nice |
<startrader> | Covered all ES Short @ 1383.75 --> + 4 | 14:17 |
| |
WRB Analysis
|
|
| |
<pat255> | star u have guts ... | 14:18 |
<startrader> | Long ES @ 1385.25 | 14:27 |
| Exited all ES Long @ 1392 --> + 6.75 | 14:31 |
<pat255> | wtg star ...vn |
<startrader> | Would be a good short here I think but my computer is running like a pinto. |
| Shorts ES @ 2 | 14:34 |
| Shorts ES @ 1396 | 14:38 |
| Could still be a push to 99-1400 but got a solid 50% retrace here. Think they will stop chasing it. | 14:40 |
<szubaark> | Shorts ES @ 1392.25 «« paper »» | 14:51 |
| needed the extra confirmation..not best entry | 14:52 |
<startrader> | Covered 1/2 ES Short @ 1392.75 --> + 3.25 |
| Gotta go to wallmart:) stops are in at 97.25 and 90. | 14:53 |
<szubaark> | Covered all Short ES at 1390.25 --> + 2 «« paper »» | 15:01 |
* szubaark | is now known as szubaark_away | 15:02 |
<lumenPharmer> | lol looks like startrader got paid to go to wallmart ;) | 15:30 |
<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) | 15:41 |
<werner> | gn all | 16:02 |
* sep34 | is now known as sep34_away | 16:12 |
<Brutus> |
http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={bba8b 8d5-6c2d-4aee-b300-6bf3c5c8bb4c} | 16:13 |
| ============ U.S. MARKETS ACTION =========== |
| DJIA down 11.38 points to 12486.24 |
| NASDAQ down 16.87 points to 2400.72 |
| S&P 500 down 6.54 points to 1374.40 |
| 10-year T-note down 19/32 at 104 6/32 yield 3.736 |
| NYMEX Spot Crude down $1.07 at $90.83/bbl at close |
| Dollar/Euro down 0.0121 at 1.4654 |
<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) | 17:44 |
* DisconnectedSession | Close: Wed Jan 16 22:38:58 2008 | 22:38 |
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