#FuturesTrades January 19th Friday 2007 Trade Log
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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).
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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 +1.00 +0.0000 $100.00 $0.00 Trading Perspective
Today went as planned via wanting to have an easy going trading day, take some time off from the market after a few trades especially as a reward to yesterday's big profits.
However, today could have been another big trading day had the market made that strong parabolic price rise later in the p.m. trading session instead of in the a.m. trading session about 1-2 minutes after my toddler and I walked out the door to go do some personal fun stuff at a popular toy store.
Yet, looking back...it was worth missing the parabolic price rise and spend some time with the toddler.
By the way, many of you know I closely follow the Oil markets because it sometimes helps with my ER2 trades on particular trading days.
Anyways, the big question I've been seeing lately at many different forums involves when will Oil turn upwards.
My answer is based upon a market seasonal cycle involving Oil...to read my answer...click here.
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.comNote: 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: Fri Jan 19 09:28:24 2007Session Ident: #futurestrades * Now 09:28 <X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm <pat255> hi all... exp day ... be careful.. report @ 10...too 09:29 <PapaJon> thnx for the reminder pat <NihabaAshi> I have a NEUTRAL bias so far this morning. <pat255> selleers at the opening 09:30 <RussellDaytrade> Long ER2 @ 780.3 «« paper »» 09:34 <NihabaAshi> Shorts ER2 @ 780.30 -> small size <werner2> gm all 09:35 <NihabaAshi> Shorts ER2 @ 779.80 -> Add 09:36 <venedom> gm 09:44 <NihabaAshi> ER2 volatility declining...expecting a volatility spike here soon. 09:45 <pat255> hmmm not much sell.. 09:46 report soon ... 09:47 <venedom> CI in 15 min <NihabaAshi> Covered ER2 Short @ 780.50 --> - 0.2 09:49 Reverse and Enter Long ER2 @ 780.50 That's a -0.20 and a -0.70 on the ADD. Exited ER2 Long @ 780.00 --> - 0.5 09:50 Reverse and Enter Short ER2 @ 780.00 Shorts ER2 @ 779.50 -> Add 09:51 The s/r zone of the white hammer line on the 3min chart is causing me some problems in the low volatility (bermuda triangle via the low volatility) 09:54 <pat255> guess waiting for report... 09:55 <NihabaAshi> Yep <Brutus> Very nice result yesterday Niha profit 09:56 <NihabaAshi> Thanks Brutus...I just hope its a sign that volatility will get back to normal. <Brutus> ER wants you to stay :) <NihabaAshi> Covered 1/2 ER2 Short @ 779.40 --> + 0.1 09:58 <szubaark-away> Buys NQ @ 1803.25 «« paper »» * szubaark-away is now known as szubaark 09:59 <NihabaAshi> Covered Remainder ER2 Short @ 779.90 --> + 0.1 10:00 Trading Edge: 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) <szubaark> exit stop set NQ @ 1803.25 «« paper »» Exited all Long NQ at 1806.75 --> + 3.5 «« paper »» 10:01 <ItalianSharp> wow, consumer sentiment couldnt manage to move ER by more than a few ticks...this market is getting really boring to trade <RussellDaytrade> Exited all ER2 Long @ 781.5 --> + 1.2 «« paper »» <NihabaAshi> Shorts ER2 @ 780.70 -> large size 10:02 <venedom> Shorts ER2 @ 780.50 10:03 <NihabaAshi> Covered 2/3 ER2 Short @ 780.40 --> + 0.3 Too jumpy <szubaark> im shorting break of lows <les> Shorts ER2 @ 780 10:04 <RussellDaytrade> Long ER2 @ 780.1 «« paper »» 10:05 <NihabaAshi> Shorts ER2 @ 780.00 -> Add <venedom> Covered all ER2 Short @ 789.70 --> - 9.2 10:06 sorry 779.70 Covered all ER2 Short @ 779.70 --> + 0.8 <RussellDaytrade> Exited all ER2 Long @ 780.2 --> + 0.1 «« paper »» 10:07 <NihabaAshi> Shorts ER2 @ 780.30 -> Add 10:08 <Brutus> Esignal not updating anybody else? 10:09 <PapaJon> fine here brutus <ItalianSharp> brutus, everything ok here <venedom> ok here B <RussellDaytrade> read on ET last night others have had problems with ESig of late. <les> Covered all ER2 Short @ 779.4 --> + 0.6 10:10 <NihabaAshi> Covered 1/3 ER2 Short @ 779.80 --> + 0.5 <RussellDaytrade> tradestation / IB ok, needs quotes? <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) <les> thats wrong... was 779.6 exit, +.40 <szubaark> Russell u use TS2000i? 10:11 <NihabaAshi> Shorts ER2 @ 781.00 -> Add 10:12 <RussellDaytrade> its the latest version, 8.1 just started it a month ago. 10:13 Long ER2 @ 780.4 «« paper »» <NihabaAshi> Covered 1/3 ER2 Short @ 780.50 --> + 0.5 Covered 1/3 ER2 Short @ 780.50 --> + 0.2 <RussellDaytrade> Exited all ER2 Long @ 780.4 --> 0 «« paper »» 10:14 <NihabaAshi> Covered Remainder ER2 Short @ 780.40 --> + 0.3 10:15 That's a -0.40 on those remainders, not a +0.3 Be back later...price action not too good and will take a chance in that it will improve later in the trading day (hopefully I don't miss some big parabolic price move). 10:16 * NihabaAshi is now known as NihabaAshi_away <pat255> not bad idea ...lot of chop .. 10:17 <Brutus> ER triangle looks set for a BO 10:19 <pat255> S 34.25 paper es 10:28 out -1 10:30 <eminitrader> Shorts ES @ 1435.25 10:31 <szubaark> coiling up ready to spring Shorts NQ @ 1807.25 «« paper »» 10:32 <pat255> nice emini 10:33 <szubaark> expecting Volatility spike soon 10:34 <eminitrader> thx pat .. <szubaark> exit stop set NQ @ 1807.25 «« paper »» <eminitrader> missed a exit fill @ 33.75 :( k got it <pat255> nope here it comes.. <les> Shorts ER2 @ 781.5 <eminitrader> Covered 1/2 ES Short @ 1433.75 --> + 1.5 10:35 <les> Covered all ER2 Short @ 781.2 --> + 0.3 10:37 <szubaark> Covered all Short NQ at 1807.25 --> 0 «« paper »» 10:38 :(( <eminitrader> Covered Remainder ES Short @ 1454.75 --> - 19.5 Covered Remainder ES Short @ 1434.75 --> + 0.5 10:39 <szubaark> Shorts NQ @ 1807.25 «« paper »» 10:40 Covered all Short NQ at 1808.75 --> - 1.5 «« paper »» 10:41 Buys NQ @ 1808.50 «« paper »» 10:42 Exited all Long NQ at 1811.50 --> + 3 «« paper »» 10:43 * szubaark is now known as szubaark_away 10:44 <RussellDaytrade> Shorts ER2 @ 783.8 «« paper »» Covered all ER2 Short @ 783.8 --> 0 «« paper »» Shorts ER2 @ 784.4 «« paper »» 10:45 <venedom> Shorts ER2 @ 784.40 10:51 <Brutus> Once again the ER 5min 9:55 hammer did nottell lies :) <RussellDaytrade> what time of hammer Brut? 10:52 <Brutus> 9:55 EST :) <RussellDaytrade> thx. * codehead_afk is now known as codehead 10:54 <eminitrader> hey RD ...when u r free...how does time fit into ur trading...meaning does it affect ur entries/exits/stops...observed u mention time a lot <RussellDaytrade> Shorts ER2 @ 786.2 -> Add «« paper »» 10:56 Shorts ER2 @ 786.4 -> Add «« paper »» 10:58 <Brutus> Not much pillback on ER today 11:04 <pat255> brutus when er gets going it does not give any chance to get in ... 11:08 <Brutus> It was a nice breakout on volume with a possible entry around 782.2 in hindsigt, but it gave all the signals 11:13 I just have a image of it reversing on me so I dont enter :( 11:14 <eminitrader> the i min chart ? i=1 <RussellDaytrade> yes it did, had the buy order loaded, was trying to be long at the opening, lost my patience on it. also a downtrend line breakout near the same levels, day and ahlf trendline +/-. 11:15 sure am getting tired of bucking it all the time, wouldn't mind 'going witht hte flow' on occassion, (and it would certainly be an ocassion!) 11:16 ap on those 3 sells is 785.6-7, and first glimpse of daylight, i'm out of trade, reassess, etc 11:17 got a 784 target working, in about another 30 minutes, was to off this am to stick around for any potetial profit, just wanna be flat first, try again with hopefully better entries, etc 11:20 <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) 11:22 <RussellDaytrade> Covered all ER2 Short @ 785.6 --> - 0.4 «« paper »» 11:39 arrggghh. i'm pst this am. too much of a bad thing, not enough of a good. on the bright side, helps to point the way to a better direction. 11:42 779.6 in about 3.5 hours from high, or approx 14:30 ET 11:49 i think that 784 target may have just fulfilled on that last drop just now, close enough. 11:51 Shorts ER2 @ 786.3 «« paper »» 12:07 Covered all ER2 Short @ 784.9 --> + 1.4 «« paper »» 12:10 <pat255> later guys .. 12:28 ty all <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) 12:34 <Brutus> Fed Reserve Kansas City Bank Pres Hoenig speaks on economic outlook 1:15pm 12:57 * NihabaAshi_away is now known as NihabaAshi 13:02 <NihabaAshi> :( Looks like my gamble didn't pay off...I missed a big parabolic price move :(\ 13:03 <asuni> i was sure u would write :-( NIHA! Sponsor: <NihabaAshi> Geeesh...looks like it took off upwards as soon as I walked out the door. 13:04 <asuni> 1:15 PM ET : Kansas City Federal Reserve Bank President Thomas Hoenig to speak about the U.S. economic outlook, in Kansas City <RussellDaytrade> EM, in response to your questions above: great questions, thanks for asking, it gives me reason to review how and why i use/factor time into trades... 13:13 there are several ways, and they are mostly variations on the same general theme(s), just longer and shorter timeframes. mostly, since i am usually looking for a retracement of a move (the original move i refer to as the setup, like this am for example, the strong move up)... 13:15 i look to and for the 'countermove' to occur a given amount, in a given/within a given amount of time... 13:17 <eminitrader> k thx ...is this time a fixed number <NihabaAshi> Shorts ER2 @ 786.20 -> small size 13:18 <RussellDaytrade> this am for example, when i was short (early, again, arrrggh!), i used the model with the time component and the price component (expectations/projections) to (how should i say this?) save my ass. did the same yesterday afternoon late, when i was buying (early, again)... 13:20 <eminitrader> k 13:21 <RussellDaytrade> the intent is to better apply the model(s), and they may be applied inverse to how i normally apply them, ie, jump onto the 'setup' type moves, with expectaions of where they 'may go', because, in a sense, the setup moves are usually a retracement of a prior setup move in the opposite direction. 13:22 hope that helps, and thanks again for asking. 13:23 <eminitrader> thx RD ...last one ...what r the variables in ur model? 13:24 <NihabaAshi> Covered 2/3 ER2 Short @ 785.80 --> + 0.4 <RussellDaytrade> i ws trying to apply htat this am, ie going long, but it is not my customary characteristic, and i had difficulty 1) staying with it, and 2) getting back into it. trying though, still trying, and will try it again. <NihabaAshi> Covered Remainder ER2 Short @ 786.00 --> + 0.2 13:25 Shorts ER2 @ 786.20 -> small size 13:28 Shorts ER2 @ 786.60 -> Add 13:30 <RussellDaytrade> model is based and derived from all statistics, price, time, all statistics from past moves, all in different 'timezones' of the trading day, as different times of day have varying characteristics. approx years worth of data thus far. time is not fixed,it varies throughout day, and also upon whther the 'retracement' move is a rise, or drop... 13:31 for example, at this moment, if this top holds, i am expecting a drop of 3.5 in approx 58 minutes. if it keeps climbing, the 'down targets will reset from any new highs, etc, but, if it climbs and remains within .5 or so of the first high, the original 'target starting point high' will usually still apply. 13:34 <NihabaAshi> Covered 1/2 ER2 Short @ 786.10 --> + 0.5 Covered ER2 Short @ 786.00 --> + 0.2 13:35 Holding 1 contract short I'm also profitable for the day now and may just call it quits for the day. 13:36 Covered Remainder ER2 Short @ 785.80 --> + 0.4 13:37 1 contract only for the remainder of the day...profit protection mode of my small profits for the day. I've just missed "too much" of the best price action today and don't believe I will see anything like that again for the remainder of the day. 13:38 By the way...I've created an easier process for gaining access to the password for #FuturesTrades and for new members. 13:39 If you click on this link that contains the password and you can't get in... 13:40 It means your either not a member of the new forum or your not logged into the new forum. http://thestrategylab.com/forum/index.ph p?board=39.0 Once you join the forum...please send me an email with your forum name and IRC name so I can add you to the access list. 13:41 <asuni> ok guys, i'm going skying. cu all on last 2 days of january <NihabaAshi> RussellDaytrade...your all set up for access to that link I just posted. <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) 13:43 <RussellDaytrade> thx Niha, i registered late last night, but have not sent you an email with my IRC info and username, will be the same for both, should i still send you an email with the info? Shorts ER2 @ 786.6 «« paper »» 13:44 Sponsor: <NihabaAshi> Russell...email not needed because your using the same name Meant...forum name is the same as your IRC name. 13:45 Thus, I was able to set you up for access fairly easy. <RussellDaytrade> thank you, looking forward to exporing new forum. exploring 13:46 Covered all ER2 Short @ 786.9 --> - 0.3 «« paper »» 13:48 Shorts ER2 @ 787 «« paper »» 13:49 <NihabaAshi> Shorts ER2 @ 788.40 -> small size 14:26 This is a rare "counter-trend" trade for me...my methodology is mainly trend reversal and trend continuation signals...not counter-trend signals. 14:27 1 contract only because I'm i profit protection mode. 14:28 ER2 volatility is very low now...especting a volatility spike. 14:32 Loser or winner for me...its my last trade of the day. Covered ER2 Short @ 789.10 --> - 0.7 14:34 <pdays> Shorts YM @ 12611 14:48 <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) 14:55 <pdays> Covered all YM Short @ 12616 --> - 5 14:58 <RussellDaytrade> Covered all ER2 Short @ 789 --> - 2 «« paper »» 15:42 heck with it, been off all day, feels like, didn't wanna add exposure on that last trade / average in, potential to close the trade flat with an add, did not choose to trade it that way this day, still profitable for day, but gave abck most of it. 15:46 <werner2> gn all <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) 16:07 * DisconnectedSession Close: Fri Jan 19 17:18:14 2007 17:18
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