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| January Trade Log | Trade Strategies | WRB Analysis Tutorials | Music While Trading | Testimonials | Disclaimer |
#FuturesTrades
January 25th Friday 2008 Trade Log
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Profitable Trade 1324pm - 1335pm est Losing Trade 1026am - 1031am est |
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Current Performance Record |
Key Trades of the Day (see chat log below) |
Profit/Loss Statement |
General Strategy Info: The above profit/loss info represents trades by M.A. Perry (a.k.a. NihabaAshi) only and all trades were posted in realtime as shown in the below chat log.
Although I'm not familiar with the trade methods used by most members of #FuturesTrades, I use a rule based (no subjectivity) methodology that involves WRB Analysis.
There is some subjectivity involved with some of my trades when I'm developing a new strategy (hence the name TheStrategyLab.com) that uses WRB Analysis.
In fact, many of my trades or profit targets will occur within key WRB support/resistance zones because these price areas gives me a better understanding of key changes in supply demand.
WRB Analysis is also a key aspect in my use of intermarket analysis (ex. Oil and Gold), market seasonal tendencies, volatility analysis and custom Japanese Candlestick patterns to complete my trading plan that results in consistent profits.
Further, position size management is a key aspect of my trading and I trade any where between 1 to 9 contracts per trade depending upon the volatility, pattern signal, seasonal tendencies or intuition.
All of my trades and commentary for today's market action (posted below) are via the user name NihabaAshi (Japanese Candlestick term) and I exclusively trade the Russell 2000 Emini ER2 futures even though I closely monitor other key markets so that I'll have a better understanding of ER2 price action.
With that said, today's trade posting chat log is below and it contains all my trades that were posted in realtime along with the trades of other members of #FuturesTrades.
Further, if you want the instructions for gaining access to our free #FuturesTrades chat room...click here.
#FuturesTrades purpose, benefits and access info for day traders, swing traders and position traders...click here.
Session Start: Fri Jan 25 09:23:20 2008Session Ident: #futurestrades * Now talking in #futurestrades 09:23 <X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm <pat255> gm all Niha Nesi & others <ItalianSharp> morning all 09:24 <pat255> bulls all revved up <ItalianSharp> did you guys read about the Societe General trader who lost 5 Billion Euros in the futures market? unreal 31 yr old playing with the banks money and overleveraged to the point that the bank had to close all positions over the weekend for massive losses 09:25 <rickf> how they missed that is beyond me <ItalianSharp> yeah...unreal <rickf> maybe he was the fall guy for their cdo/siv exposure? :) 09:26 <ItalianSharp> maybe :) 09:27 <startrader> Shorts ES @ 1367.25 09:31 <drt> gm all <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) 09:33 <szubaark> Shorts ES @ 1369 «« paper »» 09:34 <startrader> holding 2 at 69 with a large stop. 1st retrace area in here from 12.11.07 highs. 09:38 <szubaark> Covered all Short ES at 1369 --> 0 «« paper »» Buys ES @ 1369.25 «« paper »» Exited all Long ES at 1368.50 --> - 0.75 «« paper »» 09:39 Shorts ES @ 1368.50 «« paper »» <startrader> May trade around this one on the ym, but would like to hit 62 and the gap fill or out on any price action. 09:41 <szubaark> Covered all Short ES at 1364.75 --> + 3.75 «« paper »» 09:43 <rickf> short es 1366.60 paper <pat255> vn szu had an entry stopped ..dang <szubaark> where from pat? 09:44 <pat255> 1367 <szubaark> :(.. that was a good entry <pat255> yes shot up to 70 <rickf> exit es 1364.50 paper +2 09:47 <startrader> Covered all ES Short @ 1363.25 --> + 4 09:53 <NihabaAshi> Nice <pat255> vn star ...to hold it .. <Brutus> good read ST <rickf> yah i exited too early on that one :( <startrader> volume at price is huge at 65, could keep it in this area if they don't unload. 09:55 ty first exit was 1.17 afternoon high, 22.75. 09:56 62.75 <rickf> short es 1362 paper 10:02 <NihabaAshi> Long ER2 @ 701.90 -> small size 10:04 <startrader> there is that 65 magnet.. 10:05 <NihabaAshi> Exited ER2 Long @ 700.70 --> - 1.2 10:09 Reverse and Enter Short ER2 @ 700.70 <szubaark> Shorts ES @ 1362 «« paper »» 10:10 <NihabaAshi> Covered ER2 Short @ 701.30 --> - 0.6 10:11 <rickf> exit es 1361.50 + .5pt paper 10:12 bad entry :( <NihabaAshi> Long ER2 @ 701.40 -> small size 10:13 2 contracts Will slowly increase my contract size <startrader> 57.25 is 1st retrace area from yesterdays low and is yesterday'afternoon high. Got a floor r# at 62 and overnight 60 min ivb. 10:14 <szubaark> Covered all Short ES at 1362 --> 0 «« paper »» Buys ES @ 1362.25 «« paper »» 10:15 <NihabaAshi> Lethargic price action so far today <szubaark> Hopefully i can catch a WRB PT 10:17 <NihabaAshi> DAX not helping :( 10:18 <szubaark> dont see any Economic Reports today, could be a long day :( <pat255> none today 10:19 <szubaark> exit stop moved to breakeven ES @ 1362.25 «« paper »» Exited all Long ES at 1362.25 --> 0 «« paper »» 10:21 <rickf> just lost my data feeds :( <NihabaAshi> Exited ER2 Long @ 701.80 --> + 0.4 10:22 Trading Edge: 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) <szubaark> Shorts ES @ 1361 «« paper »» <NihabaAshi> I lost the support of DAX, Oil and Gold 10:23 <base> GM all <NihabaAshi> :( <szubaark> ES looking more and more like wants to close Gap <NihabaAshi> Shorts ER2 @ 701.10 -> small size 10:25 <szubaark> exit stop moved to breakeven ES @ 1361 «« paper »» <NihabaAshi> 1 only...back to the start again :( <startrader> # 2 is off at 58. 10:26 +11 Boune to the tick off 57.75. <szubaark> Covered all Short ES at 1361 --> 0 «« paper »» :( <NihabaAshi> Covered ER2 Short @ 701.70 --> - 0.6 Reverse and Enter Long ER2 @ 701.70 2 only 10:27 <szubaark> Buys ES @ 1362 «« paper »» <NihabaAshi> Support being lost again :( 10:29 At least they are trying hard to develop a base. <szubaark> Exited all Long ES at 1357 --> - 5 «« paper »» 10:31 Shorts ES @ 1357 «« paper »» <NihabaAshi> Exited ER2 Long @ 700.70 --> - 1 <szubaark> getting Bearish by the minute 10:32 <startrader> Long ES @ 1357.25 <rickf> short es 1357 paper <NihabaAshi> Shorts ER2 @ 700.10 -> medium size 10:33 <pat255> fill the gap 10:34 now .. good read N <KN-ES> Long ES @ 53.75 10:35 Exited 5/6 ES Long @ 55.75 --> + 2 <rickf> exit es 1353 +4 paper 10:36 <KN-ES> s/l 52.75 10:37 <NihabaAshi> Covered 3/4 ER2 Short @ 699.20 --> + 0.9 10:38 tough price action :( <rickf> short es 1354.50 10:39 paper <NihabaAshi> It shook me out a bulk of my position too early :( <KN-ES> Exited ES Long @ 53.75 --> 0 Reverse and Enter Short ES @ 53.75 <szubaark> getting real jumpy now <KN-ES> Covered ES Short @ 54.75 --> - 1 Reverse and Enter Long ES @ 54.75 Exited 5/6 ES Long @ 55.75 --> + 1 10:40 <NihabaAshi> Dark Hammer Line trying to give support <szubaark> Covered all Short ES at 1357 --> 0 «« paper »» <KN-ES> Exited all ES Long @ 55.50 --> + 0.75 10:41 Shorts ES @ 54 10:42 <NihabaAshi> ER2 very stubborn to drop harder <Nesi> price behaving like the day we dump big..imo <szubaark> Shorts ES @ 1353 «« paper »» <KN-ES> Covered 5/6 ES Short @ 53 --> + 1 <NihabaAshi> Covered Remainder ER2 Short @ 697.80 --> + 2.3 10:43 <KN-ES> Covered ES Short @ 55 --> - 1 Reverse and Enter Long ES @ 55 <NihabaAshi> geeesh <szubaark> terrible zig zagging <KN-ES> Exited 5/6 ES Long @ 56 --> + 1 <szubaark> :((] <rickf> exit es 1357 -2.5pts paper 10:45 <szubaark> geez <NihabaAshi> I got a $100 buck and some change to my name today... Will take a break because this price action is very uncomfortable to trade in. Be back later. 10:46 * NihabaAshi is now known as NihabaAshi_away <rickf> heh - i was just thinking the same thing besides it's time for the gym. back later, and good luck <KiwiRoo> tough condition..... 10:49 <KN-ES> Exited ES Long @ 56.5 --> + 1.5 10:51 Reverse and Enter Short ES @ 56.5 Covered 5/6 ES Short @ 55.5 --> + 1 s/l 56 10:54 Shorts ES @ 54.50 10:55 1cs <szubaark> nice KN 10:56 <KN-ES> Covered Last Contract ES Short @ 52.50 --> + 2 10:57 thanks szubaark Long ES @ 53 10:58 s/l 56 1cs s/l 52 out Exited Last Contract ES Long @ 52 --> - 1 Shorts ES @ 51 11:01 Covered 5/6 ES Short @ 50 --> + 1 s/l 52 Covered ES Short @ 51.50 --> - 0.5 11:02 Reverse and Enter Long ES @ 51.50 Exited 5/6 ES Long @ 52.50 --> + 1 s/l 50 <szubaark> Covered all Short ES at 1353 --> 0 «« paper »» 11:03 <KN-ES> s/l 49 <szubaark> Buys ES @ 1351 «« paper »» <KN-ES> Exited ES Long @ 50 --> - 1.5 11:04 Reverse and Enter Short ES @ 50 <szubaark> Exited all Long ES at 1349 --> - 2 «« paper »» Shorts ES @ 1349 «« paper »» <KN-ES> Covered 5/6 ES Short @ 49 --> + 1 <startrader> Long ES @ 1349.25 11:05 <KN-ES> Exited ES Long @ 50 --> 0 Reverse and Enter Short ES @ 50 Covered 5/6 ES Short @ 51 --> - 1 that was long Long ES @ 50 11:06 <szubaark> Covered all Short ES at 1351.50 --> - 2.5 «« paper »» 11:07 Buys ES @ 1351.50 «« paper »» <KiwiRoo> bad market condition today. :( 11:11 <KN-ES> Exited ES Long @ 50.50 --> + 0.5 11:12 Reverse and Enter Short ES @ 50.50 Covered 5/6 ES Short @ 49.50 --> + 1 Covered ES Short @ 51 --> - 0.5 11:14 Reverse and Enter Long ES @ 51 Exited 5/6 ES Long @ 52 --> + 1 11:15 <startrader> Exited 1/2 ES Long @ 1353 --> + 3.75 11:16 <KN-ES> Exited ES Long @ 52.50 --> + 1.5 11:23 Reverse and Enter Short ES @ 52.50 <szubaark> Exited all Long ES at 1351 --> - 0.5 «« paper »» 11:24 Shorts ES @ 1351 «« paper »» <KN-ES> Covered 5/6 ES Short @ 51.50 --> + 1 s/l 55 11:26 Covered Remainder ES Short @ 47.50 --> + 5 11:28 <szubaark> nice catch <KN-ES> thanks just bored sitting trying to click here and there 11:29 <startrader> shaking out longs from the 15 min reversal bar and right below the 62% retrace. see if they can run it up from here for 10 handles. 11:30 <KN-ES> Long ES @ 49 <startrader> 47.50 is the daily floor pivot. <KN-ES> Exited 5/6 ES Long @ 50 --> + 1 11:31 s/l 46 <Brutus> is that a calculation star or from the chart? 11:32 <startrader> it's the standard calculation and have it in the indiacator package. Not great on it's own but good for confluence. 11:34 <szubaark> Covered all Short ES at 1353 --> - 2 «« paper »» Buys ES @ 1353 «« paper »» <Brutus> daily pivot point calc, ic 11:35 <KN-ES> Exited 1/2 ES Long @ 55 --> + 6 11:36 s/l 49 <Brutus> vn KN 11:37 <KN-ES> thanks Brutus its may go as high as 64 letting the last contract go of its own with a protected s/l 11:38 <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) 11:39 <KN-ES> s/l 51 Exited ES Long @ 55 --> + 6 11:40 Reverse and Enter Short ES @ 55 <startrader> Exited Remainder ES Long @ 1455.25 --> + 106 11:42 <KN-ES> Covered 5/6 ES Short @ 54.50 --> + 0.5 11:43 Covered 1/2 ES Short @ 54 --> + 1 11:44 s/l 58 Covered ES Short @ 56 --> - 1 11:47 Reverse and Enter Long ES @ 56 Covered ES Short @ 55 --> + 1 11:49 Reverse and Enter Long ES @ 55 Exited 5/6 ES Long @ 54 --> - 1 that is short Shorts ES @ 55 Covered 1/2 ES Short @ 53 --> + 2 11:50 s/l 58 <KiwiRoo> nice trading KN... impressive in this chop.. 11:51 <KN-ES> :) trying to get out with some + lots within the first point 11:52 giving some space to the last 1/2 thats 1 or 2 conts 11:53 making the overall trade + side <KiwiRoo> yeah. gotta take the first few points to lock in profit... too jumpy.. <KN-ES> and if lost the last trade, trying to get the pints back with the next trade, b/e 11:54 mostly <KiwiRoo> good management. :) 11:55 r u a tape trader? <KN-ES> depends how you go difining that I go with everything, well, mosly volume <KiwiRoo> just been looking.... you reverse your trade when tape speed up on the other side.. etc.. 11:56 <KN-ES> say, the blance is now at 54.75 r1 55.25 and huge reg at 55.75 on the other hand it may go as low as 51 <KiwiRoo> reg ? 11:57 <KN-ES> with a little registance at 52.75 registance and support <KiwiRoo> you mean resistance ? 11:58 <KN-ES> i m just looking at volume resistance yes <KiwiRoo> oh yeah... <KN-ES> Covered ES Short @ 53.50 --> + 1.5 Reverse and Enter Long ES @ 53.50 <KiwiRoo> same here.. i look for color, volume and speed... <KN-ES> Exited 5/6 ES Long @ 54.50 --> + 1 thats 54.25 fill 11:59 <KiwiRoo> nice.. <KN-ES> Exited 1/2 ES Long @ 55 --> + 1.5 12:00 yes kiwiRoo, thats what i was telling about it went as low ast 51.25 the support was at 55 the support was at 51 not 55 <KiwiRoo> got cha.. 12:01 <KN-ES> so, you can have a general idea whats going on in nect 10/ 15 min next <KiwiRoo> i got 58 next area. <startrader> Long ES @ 1355.75 <KiwiRoo> actually 57.. <KN-ES> 56.75 in my reading 12:02 <rickf> back bush speaking 1230ET <KiwiRoo> Him again.... <KN-ES> :) 12:03 <rickf> lol "gentlemen queue your shorts" :) <KN-ES> i think He is one of the good indicators still works queue for shorts! s/l 51 12:04 <TraderO> Long ER2 @ 702.7 12:05 <KN-ES> Exited ES Long @ 53.5 --> 0 Reverse and Enter Short ES @ 53.5 <szubaark> Exited all Long ES at 1353.50 --> + 0.5 «« paper »» Shorts ES @ 1353.50 «« paper »» <KiwiRoo> tape going fast now.... 12:06 <TraderO> STOP 700.2 on ER2 Longs <KN-ES> Covered 5/6 ES Short @ 53.50 --> 0 Covered 1/2 ES Short @ 52.50 --> + 1 12:09 again exit tooo early 12:10 <rickf> this is a boring trendy tape right now imho 12:15 of course having said that it'll pick right up to prove me wrong, just watch :( <KN-ES> Covered Last Contract ES Short @ 52 --> + 1.5 12:21 Long ES @ 5150 12:22 SZ <domvert> sz? <KN-ES> Exited ES Long @ 5150 --> 0 12:23 Reverse and Enter Short ES @ 5150 <szubaark> exit stop moved to breakeven ES @ 1353.50 «« paper »» <KN-ES> REV Long ES @ 51.50 <szubaark> KN you have T1 line for Internet? 12:24 <startrader> This is like pre fed action. 12:25 <szubaark> Covered all Short ES at 1353.25 --> + 0.25 «« paper »» Buys ES @ 1353.25 «« paper »» <KN-ES> Exited 5/6 ES Long @ 53 --> + 1.5 Exited 1/2 ES Long @ 52.50 --> + 1 12:26 S/L 49 <szubaark> looks like they trying to put everyone to sleep before next major move 12:27 <rickf> szu - I have 1.5mb line here <szubaark> Exited all Long ES at 1351 --> - 2.25 «« paper »» 12:30 Shorts ES @ 1351 «« paper »» <KN-ES> Exited ES Long @ 51.50 --> 0 Reverse and Enter Short ES @ 51.50 Covered 5/6 ES Short @ 51 --> + 0.5 s/l 53 12:31 <rickf> short es 1351 paper <KN-ES> Covered 1/2 ES Short @ 50.50 --> + 1 s/l 53 1 cts 12:32 Covered ES Short @ 50.75 --> + 0.75 12:37 Reverse and Enter Long ES @ 50.75 Exited 5/6 ES Long @ 51.75 --> + 1 12:38 Exited 1/2 ES Long @ 51.50 --> + 0.75 s/l 48.75 Exited ES Long @ 50 --> - 0.75 12:39 Reverse and Enter Short ES @ 50 sz <domvert> whatis sz size? 12:40 <KN-ES> Covered 1/2 ES Short @ 49.50 --> + 0.5 yes <silo> morning <KN-ES> Covered Last Contract ES Short @ 50.25 --> - 0.25 <TraderO> Exited all ER2 Long @ 700.6 --> - 2.1 12:41 <KN-ES> Long ES @ 50.25 Exited 5/6 ES Long @ 50.75 --> + 0.5 12:42 Exited 1/2 ES Long @ 51.25 --> + 1 12:43 s/l 48.50 Exited ES Long @ 49.50 --> - 0.75 12:47 Reverse and Enter Short ES @ 49.50 sz Covered 1/2 ES Short @ 46 --> + 3.5 12:49 s/l 50 <rickf> exit es 1346 +5pts paper 12:50 <Brutus> 01/25/2008 12:49 *DJ Bush: It Would Be A Mistake To Delay Or Derail Stimulus Pkg 12:54 <KN-ES> Covered ES Short @ 41 --> + 8.5 12:57 Reverse and Enter Long ES @ 41 no exit <rickf> vn <KN-ES> no reverse 12:58 thanks rickf <rickf> if i didnt have data problems i'd have kept that short from 51 on. :( <KN-ES> Long ES @ 42.75 Exited 5/6 ES Long @ 43.50 --> + 0.75 12:59 Exited 1/2 ES Long @ 43 --> + 0.25 <rickf> short es 1342 paper <KN-ES> s/l 40 13:00 Exited ES Long @ 40 --> - 2.75 13:02 Reverse and Enter Short ES @ 40 Covered 5/6 ES Short @ 39.50 --> + 0.5 <szubaark> Covered all Short ES at 1339.25 --> + 11.75 «« paper »» <Brutus> shoulda seen today coming, everyone turned so bullish even asi was up like 5% 13:03 asia <szubaark> we coudnt even retrace 50% on last counterthrust attmpt <KN-ES> Covered ES Short @ 4050 --> - 4010 Reverse and Enter Long ES @ 4050 sz Long ES @ 40.50 13:04 Exited 1/2 ES Long @ 41.50 --> + 1 13:05 <Brutus> 110 pts on the Es was enough profit for the first leg :)) * NihabaAshi_away is now known as NihabaAshi 13:08 <KN-ES> Exited Remainder ES Long @ 41 --> + 0.5 13:09 lost tradestation again nop -- s/l wasnt hit 13:12 Exited Remainder ES Long @ 43 --> + 2.5 13:17 rev Exited ES Long @ 43 --> + 2.5 Reverse and Enter Short ES @ 43 Covered 5/6 ES Short @ 42.50 --> + 0.5 Covered ES Short @ 44.25 --> - 1.25 13:18 Reverse and Enter Long ES @ 44.25 Exited 5/6 ES Long @ 44.50 --> + 0.25 13:19 <NihabaAshi> Shorts ER2 @ 696.30 -> small size intuition 13:20 <KN-ES> Exited 1/2 ES Long @ 45.50 --> + 1.25 13:23 Exited ES Long @ 44 --> - 0.25 13:24 Reverse and Enter Short ES @ 44 <NihabaAshi> What's that ??? <KN-ES> Covered 5/6 ES Short @ 43 --> + 1 <NihabaAshi> Somebody dropped something and now trying to pick up the pieces :) 13:25 <silo> and his arms are reaching down to the floor right now :P trying to reach for that coin he dropped <KN-ES> nop i guess take profit 13:26 <startrader> Long ES @ 1341 13:27 <KN-ES> Covered 1/2 ES Short @ 41.25 --> + 2.75 s/l 44 <NihabaAshi> Covered 2/3 ER2 Short @ 692.80 --> + 3.5 13:28 geeesh <rickf> exit es 1339 +3 paper 13:29 <startrader> Long ES @ 1340 <NihabaAshi> Earlier this morning I had a little over $100 bucks in profits and ready to call it quits for the day... <KN-ES> Covered Last Contract ES Short @ 39 --> + 5 rev <NihabaAshi> Now I'm close to my profit goal of the day via that price drop. <KN-ES> Long ES @ 39 13:30 Exited 5/6 ES Long @ 40 --> + 1 s/l 38 <NihabaAshi> Oil, Gold and DAX trying hard to give some support 13:31 <KN-ES> Exited 1/2 ES Long @ 40.50 --> + 1.5 Exited ES Long @ 39.75 --> + 0.75 13:32 Reverse and Enter Short ES @ 39.75 Covered 5/6 ES Short @ 38.75 --> + 1 <NihabaAshi> They couldn't do it :) <KN-ES> s/l 41 Covered 1/2 ES Short @ 38.75 --> + 1 13:33 <NihabaAshi> They are trying again to provide some support <KN-ES> Covered ES Short @ 39.25 --> + 0.5 13:34 Reverse and Enter Long ES @ 39.25 sz Exited all ES Long @ 38 --> - 1.25 13:35 rev Shorts ES @ 38 sz <rickf> short es 1338 paper <KN-ES> Covered 1/2 ES Short @ 35.50 --> + 2.5 <NihabaAshi> Covered Remainder ER2 Short @ 690.10 --> + 6.2 <ItalianSharp> if eminis are to bounce today, now its a good time 13:36 <KN-ES> Covered Remainder ES Short @ 34 --> + 4 13:37 Long ES @ 35 1 ct Exited all ES Long @ 37 --> + 2 13:38 it may reach as high as 40 13:39 <KiwiRoo> Nice trade there. 13:40 both way down and up. <KN-ES> 1 ct, didnt have much choice <TraderO> Shorts ER2 @ 690.6 <KN-ES> for the last trade, tired to lock the profit 13:41 <KiwiRoo> I caught the down move... didn't go long... <KN-ES> :) <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) 13:42 <KN-ES> Shorts ES @ 36 13:47 <KiwiRoo> I think this side way action is setting up for more short... oh there it goes. <KN-ES> Covered 5/6 ES Short @ 35 --> + 1 Covered 1/2 ES Short @ 34.50 --> + 1.5 <TraderO> Covered all ER2 Short @ 689.6 --> + 1 <KN-ES> s/l 40 <NihabaAshi> Shorts ER2 @ 689.60 -> small size 13:48 <startrader> 1332 is 38% of move from 1270 to 1370, would like to see a peekaboo bottom there. <NihabaAshi> 1 contract only because I'm in profit protection mode. <cwellsi> friday sell offs another sign of a bear market <KiwiRoo> watch for 29.75. next area. 13:49 <NihabaAshi> Covered ER2 Short @ 687.90 --> + 1.7 13:50 <pat255> vn <KN-ES> Covered Last Contract ES Short @ 33 --> + 3 dont have much energy left to take this jumps <KiwiRoo> that stupid pop up shook me out..... 13:51 <KN-ES> :( 13:52 <KiwiRoo> wactch for big bounce at 30... or bigger tank.. 21 is next... wooo long way.. 13:53 <KN-ES> Long ES @ 30.50 13:54 sz Exited 1/2 ES Long @ 31.50 --> + 1 13:55 <rickf> exit es 1330 +8 paper <KiwiRoo> 35 next resistance.. :P 13:56 <KN-ES> Exited Remainder ES Long @ 34 --> + 3.5 13:57 now kind of even <KiwiRoo> nice trading mate... <KN-ES> thanks <KiwiRoo> above 35 and u in big money trade for sure.. 13:58 <KN-ES> 36 should be a safe entry <KiwiRoo> I'm looking for a reversal back down... 13:59 <KN-ES> so am I :) <KiwiRoo> don't like going against the major flow... <KN-ES> Shorts ES @ 32.50 14:00 Covered 5/6 ES Short @ 32 --> + 0.5 Covered Remainder ES Short @ 32.50 --> 0 14:01 <KiwiRoo> what was that. hmmm.. <KN-ES> very 1 tick trail was sure then lost it Shorts ES @ 32.75 14:05 Covered 5/6 ES Short @ 32 --> + 0.75 Covered 1/2 ES Short @ 31.75 --> + 1 14:06 s/l 34.50 * cwellsi short ER 690 <KN-ES> Covered all ES Short @ 32.75 --> 0 14:07 Long ES @ 33.75 14:08 sz out 32.75 Long ES @ 32.75 14:09 Exited 5/6 ES Long @ 33.75 --> + 1 14:10 Exited 1/2 ES Long @ 34.5 --> + 1.75 14:11 s/l 31 Exited Remainder ES Long @ 36 --> + 3.25 14:13 <rickf> vn 14:14 <KN-ES> thanks rickf Shorts ES @ 35.50 14:16 sz Covered all ES Short @ 36 --> - 0.5 14:17 Shorts ES @ 35.50 14:18 sz Covered 1/2 ES Short @ 33 --> + 2.5 Covered Remainder ES Short @ 33 --> + 2.5 14:19 11/2 1/2 that was t/p 14:20 Covered Remainder ES Short @ 32.50 --> + 3 14:21 <KiwiRoo> you are like a leading indicator KN. 14:22 <KN-ES> Long ES @ 34 1 ct :) t/p 35 14:23 done <NihabaAshi> Long ER2 @ 691.20 -> small size <KiwiRoo> t/p ? total profit? <NihabaAshi> 1 only <KN-ES> Exited all ES Long @ 35 --> + 1 * rickf took/take profit <KiwiRoo> oh ic. <KN-ES> Now i will see how high it goes, and keep kicking myself, story of my life <rickf> murphy's first law of futures trading :| <KN-ES> Shorts ES @ 36.50 14:25 <NihabaAshi> Exited ER2 Long @ 691.30 --> + 0.1 <KN-ES> sz <NihabaAshi> :( <KN-ES> Covered 1/2 ES Short @ 36 --> + 0.5 s/l 36.50