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#FuturesTrades February 4th Monday 2008 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+26.90	+47.20	+464.70
$2,690	$4,720	$46,470

Profitable Trade

0937am - 0940am est

Losing Trade

1127am - 1131am est

click on image to view actual size

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.

Traditional pivot point analysis or traditional s/r levels are inadequate in understanding changes in supply/demand of the Russell 2000 Emini ER2 or any other trading instrument of today's markets in comparison to WRB Analysis.

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: Mon Feb 04 09:27:25 2008Session Ident: #futurestrades

* Now talking in #futurestrades 09:27

<X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm

<PapaJon> gm all 09:29

<ItalianSharp> just heard on CNBC that vegas got killed due to the giants moneyline superbowl win

by the way, stats showed that whenever a NFC team won the SB, we had a bear market. 09:30

<drt> gm all

<NihabaAshi> Yeah

<rep1acs> lol interesting 09:31

<ItalianSharp> when i read that stats before the game yesterday, i figured: there is no way Patriots lose this game, and there is no way we escape a bear market in 2008...

so i felt a contradiction there

Giants took care of it though

<NihabaAshi> 726.80 is a key support area for me 09:32

Shorts ER2 @ 726.80 -> large size 09:33

<nqcruiser> i have to restart - brb

<ripsboy> gm all..

<NihabaAshi> Covered ER2 Short @ 727.40 --> - 0.6 09:36

Shorts ER2 @ 726.90 -> large size 09:37

I figure if the Giants didn't quit last night... 09:38

Maybe I shouldn't quit on the trade too.

<startrader> Long ES @ 1390.25 -> small size

<NihabaAshi> :)

<startrader> Exited Remainder ES Long @ 1390.75 --> + 0.5 09:39

<NihabaAshi> Covered ER2 Short @ 724.30 --> + 2.6 09:40

<Pepe> very nice NIha

<NihabaAshi> :)

<KN-ES> Long ES @ 1389.25 09:41

* cFox short ZB 07

<KN-ES> Exited 3/4 ES Long @ 90.25 --> - 1299 09:42

Exited 3/4 ES Long @ 1390.25 --> + 1

s/l 86.50

<pat255> gm all ...running late 09:45

<szubaark> Shorts ES @ 1389 «« paper »»

<startrader> got the 38% yesterdays L to H and floor # around 88.75. 09:47

<nqcruiser> is er2 now called AB??

* cFox cover ZB 09 -02 09:48

<szubaark> Covered all Short ES at 1389 --> 0 «« paper »» 09:50

<Nesi> DJ Moody's Says Option One's Servicer Quality Rtgs Remain Under Review For Cut>HRB

(Dow Jones 02/04 09:46:10)

<startrader> Long ES @ 1387 -> small size 09:51

* cFox long ZB 10

<KN-ES> Long ES @ 86 09:52

* Fleneer2 is now known as Fleneer 09:54

<startrader> Exited all ES Long @ 1388.25 --> + 1.25 09:55

<KN-ES> Exited 3/4 ES Long @ 88 --> + 2

<startrader> 10 am reports I believe.

<szubaark> Buys ES @ 1388 «« paper »»

<KN-ES> s/l 83

<szubaark> exit stop moved to breakeven ES @ 1388 «« paper »» 09:56

<Brutus> 1000/1500 Dec Factory Orders

Total Orders +1.5%

<pat255> Kn s/l? 09:57

<szubaark> Exited all Long ES at 1388 --> 0 «« paper »»

Shorts ES @ 1385 «« paper »» 10:02

<startrader> Long ES @ 1384.75 10:03

<KN-ES> 85 add

<startrader> Exited 1/2 ES Long @ 1386.50 --> + 1.75 10:04

<KN-ES> out 3/4 86.50 +1.50

<startrader> Long ES @ 1383.75 10:08

<szubaark> Covered all Short ES at 1385 --> 0 «« paper »» 10:09

Buys ES @ 1385 «« paper »»

<NihabaAshi> Long ER2 @ 721.80 -> medium size

<startrader> Exited 1/2 ES Long @ 1385.25 --> + 1.5 10:10

<NihabaAshi> darn computer clock is off by about 10 seconds :(

<startrader> Exited Remainder ES Long @ 1386.25 --> + 2.5 10:11

<pat255> great guys palying S here is dangerous .. 10:12

<GoodMood> Niha: Use "atomic clock" If updates your PC time automatically

http://www.download.com/Atomic-Clock-Syn c/3000-2350_4-10061823.html 10:13

<szubaark> Exited all Long ES at 1387.75 --> + 2.75 «« paper »»

<startrader> 83.75 was the pivot created by 60 min close of 11:30 60 min bar on Friday.

<NihabaAshi> Exited ER2 Long @ 723.50 --> + 1.7 10:14

<pat255> vn ..

<NihabaAshi> Goodmood...thanks.

<GoodMood> De rien ! 10:15

<NihabaAshi> :)

<startrader> Long ES @ 1387.25

<NihabaAshi> With that trade...I've reached my profit goal for the day and I'm officially in profit protection mode. 10:16

Thus, 1-2 contract only for the remainder of the trading day.

<Pepe> very nice

<startrader> Exited all ES Long @ 1388 --> + 0.75

missed short at 88.50. 10:20

Shorts ES @ 1387.75 10:26

Covered 1/2 ES Short @ 1386.50 --> + 1.25 10:27

<szubaark> Shorts ES @ 1387.50 «« paper »» 10:30

<startrader> Covered Remainder ES Short @ 1385.25 --> + 2.5 10:31

Long ES @ 1384.50 -> small size 10:32

<szubaark> exit stop moved to breakeven ES @ 1387.50 «« paper »» 10:33

<startrader> s/l 82.50 target 89

<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) 10:34

<startrader> Long ES @ 1383.75 -> Add 10:35

<KN-ES> add 84

out 3/4 85 +1

s/l 80 10:36

<szubaark> Hopefully i can catch a 2nd WRP as Target

WRP=WRB

<startrader> Exited 1/2 ES Long @ 1385.75 --> + 2 10:38

<szubaark> :( 10:39

<startrader> Exited Remainder ES Long @ 1385.50 --> + 1

jumpy little bugger today. 10:40

<szubaark> Covered all Short ES at 1385.50 --> + 2 «« paper »»

<pat255> star what tf chart u trade from ...

just try to c the trade setup.. 10:41

<startrader> 15 and 60 min 10:42

<pat255> interesting ...larger tf ..ty

<szubaark> Buys ES @ 1386 «« paper »» 10:43

<startrader> trades are based off that timeframe, confirmation and some targets on 1,3 and 5 min.

<pat255> k i watch 5 min & 1 min ...may be should look at 15 min

<startrader> gotta go find a wii for kids bday. bback. 10:45

<pat255> k nice later star

<startrader> beautiful 15 min close there.

<szubaark> why? 10:46

<startrader> looked painted right into the close and resistance.

complete reversal bar.

<NihabaAshi> Decision time for ER2 to do something right now. 10:47

I'm expecting a volatility spike here soon (up or down).

<pat255> trend been up overall since open .. 10:48

<NihabaAshi> Long ER2 @ 724.90 -> small size

2 only

<Nesi> NEW YORK (Standard & Poor's) Feb. 4, 2008--Although third-quarter 2007 was 10:49

weak for the large complex U.S. banks, in aggregate, the fourth quarter was

worse, said a report released today by Standard & Poor's Ratings Services

titled, "Downturn Takes Hold At Large Complex U.S. Banks In Fourth Quarter."

The extent of deterioration varied widely, but all six of the companies

encompassed by this report suffered earnings declines on year-over-year and

linked-quarter bases. Yet, current ratings take into account recent and

further near-term earnings pressures: Rating outlooks remain stable in all

cases, with the exception of Citigroup Inc. (where the outlook is negative,

even following the recent downgrade).

<szubaark> exit stop moved to breakeven ES @ 1386 «« paper »»

<NihabaAshi> I got no support on my Long from other key markets. 10:50

Except for the DAX

<szubaark> ES some Resistance here

<NihabaAshi> Even DAX support kind'uv weak

<cFox> Hi NihabaAshi, what other key markets you looking at? 10:52

<Pepe> NIha whare is your target now? 10:53

<Nesi> 726.80 area?

<NihabaAshi> DAX, Oil, Gold, Treasuries and any other market that's the hype of the day :)

Pepe...WRB pt level...you know that.

<cFox> thx.

<NihabaAshi> Exited 1/2 ER2 Long @ 726.10 --> + 1.2 10:54

Trading Edge:
Strategies
If your an independent trader looking for an edge to help you traverse around obstacles to profitable trading...a method that's well defined, gives you a better understanding of the markets, applicable for day trading, position trading, swing trading, market seasonal tendencies, position size management, intermarket analysis with a money back guaranteed policy...click here.

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)

<Pepe> thanks Niha

<Nesi> what time does Bush speaks? 10:55

<szubaark> hopefully i can catch a nice WRB Target here

<NihabaAshi> I now have support from Gold and Oil...

Will hold a little longer if they continue giving support 10:56

Oil :( 10:57

<pat255> man er jumpy ..dang

<Pepe> Bush today?

today is Federal Reserve Governor Randall Kroszner ¨

<Nesi> 010/1510 Pres Bush speaks at a cabinet meeting in Washington

1120/1620 Fed Gov Kroszner speaks on proposed amendments to the Truth in Lending Act in Las Vegas

1315/1815 Asst Tsy Secys Solomon and Swagel speak on the fiscal year

2009 budget in Washington

Niha , ER went exactly to your previous s/r at 726.80 10:58

<Andy> Nesi, where do you get your news from? Or info re: speakers

<cFox> Niha, you are supported b/c gold and oil are going down? 10:59

<Nesi> newswatch Andy

<Andy> thanks

<cFox> or other kide of relationship?

<NihabaAshi> contracting volatility...tightning up my trailing stop 11:00

exit stop raised ER2 @ 725.00 11:01

<szubaark> Should spike either up or down soon, hopefully up, im Long

<NihabaAshi> [10:59] <cFox> Niha, you are supported b/c gold and oil are going down? 11:03

I am Long and that my "support commentary" implies the Gold and Oil are at least a little BULLISH 11:04

If I was Short and I say I have support from other key markets...

It implies the opposite in that Gold and Oil are a little BEARISH. 11:05

Regardless, don't get confused in thinking I use Gold and Oil as an entry signal.

I do not and they are not involved in my Entry decisions.

Trailing Stop Hit ER2 @ 725.00 --> + 0.1 11:06

<cFox> oh no, thank you for that and pardon me for the

<NihabaAshi> I only ue them to help with my "trade management info AFTER entry".

<szubaark> Exited all Long ES at 1386 --> 0 «« paper »»

<cFox> yes that's good to known, you kwon I'm new in this board 11:07

<NihabaAshi> Intermarket Analysis is a big aspect of their trade decisions, goals et cetera. 11:08

Can't imagine why us retail traders should ignore the same info especially knowing that the big boys have a lot of impact on price direction.

<cFox> Well, that usually for longer term of trading, isn't it? 11:09

<Nesi> Bush on

<pat255> amazing these spikes ...

<NihabaAshi> No...short term and long term.

They all aren't swing traders :)

<pat255> yeah he will say economy is strong ..everything is k ..np ...what a joker this guys is .. 11:10

<KN-ES> out 86 + 85 + 1/5 84 89.25 +3.25 + 4.25 + 5.25

<pat255> vn kn ...hmmm L all this time

<KN-ES> thnaks pat255 11:11

<pat255> er jumpy but es is jumpy these days ..

<NihabaAshi> volatility breakouot...hopefully it pulls back

ER2 contracting volatility...I'm expecting a volatility spike here soon. 11:14

<szubaark> Buys ES @ 1389.25 «« paper »»

<NihabaAshi> Which way will she blow

<szubaark> hopefully i can catch a WRB PT1 11:15

exit stop moved to breakeven ES @ 1389.25 «« paper »» 11:16

Exited all Long ES at 1389.25 --> 0 «« paper »» 11:17

Shorts ES @ 1389.25 «« paper »»

<NihabaAshi> Long ER2 @ 728.00 -> small size 11:18

1 only

<Nesi> Fed Kroszner: Mtge Indus Must Overcome Servicing Challenges 11:20

(Dow Jones 02/04 11:20:00)

J Fed Kroszner Wants Indus To Do More To Prevent Foreclosures

(Dow Jones 02/04 11:20:00)

<NihabaAshi> I do't have that guy on my "speech calendar" for today :(

<Nesi> DJ Fed Kroszner: More Must Be Done To Speed Mtge Modifications

(Dow Jones 02/04 11:20:00)

<NihabaAshi> surprise surprise surprise :( 11:21

<pat255> later guys ty alll.. 11:24

back to ofice

<NihabaAshi> It's almost lunch time :) 11:26

<cFox> yes, so i want to see if you have more time for me... 11:27

[08:03] <@NihabaAshi> I am Long and that my "support commentary" implies the Gold and Oil are at least a little BULLISH

<NihabaAshi> Exited ER2 Long @ 727.40 --> - 0.6

Reverse and Enter Short ER2 @ 727.40

<cFox> ok i will wait

<szubaark> tough catching WRB Profit Targets today

<NihabaAshi> tough Short so far...no support from other key markets 11:28

* codehead_afk is now known as codehead

<szubaark> Covered all Short ES at 1389.25 --> 0 «« paper »» 11:29

<Nesi> pinball? 11:30

<NihabaAshi> Pin Ball Machine just showed up.../

Yep :(

Covered ER2 Short @ 729.40 --> - 2 11:31

<szubaark> Shorts ES @ 1390.50 «« paper »» 11:32

<NihabaAshi> That pin ball rolled into one of those ball capture sections where you get points taken away until you release the next ball :( 11:33

<Andy> Shorts ER2 @ 729.1 «« paper »» 11:34

<NihabaAshi> Shorts ER2 @ 728.40 -> small size 11:37

2 balls in play

<codehead> szu--potential for 3 min ghost on YM

<Andy> Covered 1/3 ER2 Short @ 727.5 --> + 1.6 «« paper »» 11:40

<NihabaAshi> sneaky looking Dark WRB 11:41

<szubaark> Looks like ill get my WRB PT 11:43

<NihabaAshi> Covered ER2 Short @ 727.40 --> + 1

<Andy> Covered 1/3 ER2 Short @ 727.5 --> + 1.6 «« paper »» 11:44

<NihabaAshi> Long ER2 @ 727.50 -> small size

1 pin ball in play

Exited ER2 Long @ 728.10 --> + 0.6 11:48

can't ignore the stomach hunger anymore...

<Andy> Covered Remainder ER2 Short @ 728 --> + 1.1 «« paper »»

<NihabaAshi> Be back later...going to lunch.

* NihabaAshi is now known as NihabaAshi_away

<NihabaAshi_away> #FuturesTrades Poll -> What futures broker/platform do you prefer? Thoughts,comments,recommendations will be collected, anonymized and made available for all next week both on the web and in the TSL forums. Please send responses to rickf at rickf@attrition.org 11:54

<rickf> more like "later this week" but you get the idea. :) 11:55

<szubaark> Covered all Short ES at 1390.50 --> 0 «« paper »» 11:56

Shorts ES @ 1389 «« paper »» 11:57

<Nesi> news? 11:58

<szubaark> looks like last pop tp take out Shorts before going down, who kkows 11:59

since opening, tough Price Action as there is little followthru

exit stop moved to breakeven ES @ 1389 «« paper »» 12:02

Covered all Short ES at 1386 --> + 3 «« paper »» 12:04

<KN-ES> add 86.50 12:05

<Andy> Long ER2 @ 725.7 «« paper »» 12:07

exit stop set ER2 @ 725.1 «« paper »» 12:08

* sep34 is now known as sep34_away 12:11

<Andy> Exited all ER2 Long @ 725.6 --> - 0.1 «« paper »»

:( 12:12

lunchtime 12:13

<Pepe> yeah 12:14

<KN-ES> out 86.50 and 1/5 84 87.50 ..... +1 +3.50 12:16

<szubaark> nice KN

<KN-ES> thanks szubaark

add 83.50 12:29

out 3/4 84.50 +1

<Andy> Long ER2 @ 725.5 «« paper »» 12:31

Exited 1/2 ER2 Long @ 726.1 --> + 0.6 «« paper »» 12:34

<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)

<codehead> now 3 min vegas on YM possible szu

<Andy> exit stop moved to breakeven ER2 @ 725.5 «« paper »» 12:36

Exited Remainder ER2 Long @ 725.6 --> + 0.1 «« paper »» 12:38

<Brutus> http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={8a100 229-6751-4b6b-bad5-e163ac9ae593} 12:41

china up 8% 12:42

* Fleneer2 is now known as Fleneer 12:44

<Andy> Long ER2 @ 725.6 «« paper »» 12:48

Exited all ER2 Long @ 725.2 --> - 0.4 «« paper »» 12:52

<KN-ES> add 85.25 mde 12:55

out 85.25 87.25 +2 12:56

<startrader> Long ES @ 1386.25 13:01

<KN-ES> add 86 13:03

<startrader> Exited all ES Long @ 1384.75 --> - 1.5 13:05

Long ES @ 1383.75 13:06

<Nesi> DJ S&PBulletin:Tenn Engy Acq's 2006A Bond Rtg Unafctd By Cntpty CW>MBI 13:09

(Dow Jones 02/04 13:01:46)

<monowheel> Long ER2 @ 725 -- Paper 13:10

Exit ER2 @ 725.5 -> 0.5 -- Paper 13:11

<startrader> Exited all ES Long @ 1384.25 --> + 0.5 13:12

Long ES @ 1383 13:26

Exited 1/2 ES Long @ 1384 --> + 1 13:29

<Andy> Long ER2 @ 725.4 «« paper »»

<startrader> Exited Remainder ES Long @ 1383.75 --> + 0.75 13:30

<Nesi> : PRESS RELEASE: S&P Takes Ations On Utilities Insured Debt 13:36

(Dow Jones 02/04 13:33:03)

<startrader> Shorts ES @ 1385.50

<Andy> Exited 2/3 ER2 Long @ 726.9 --> + 1.5 «« paper »» 13:38

<startrader> Shorts ES @ 1386.50 -> Add

<Nesi> DJ S&PBulletin: Ctrl Plains Engy Bond Rtgs Unafctd Re Cntrpty CW>MBI 13:39

(Dow Jones 02/04 13:37:59)

<Andy> exit stop moved to breakeven ER2 @ 725.5 «« paper »»

<startrader> Covered 3/4 ES Short @ 1385 --> + 1.5 13:40

<Andy> exit stop raised ER2 @ 725.7 «« paper »» 13:42

<startrader> Covered Remainder ES Short @ 1385.75 --> - 0.25

<Andy> long party could be over here

<startrader> Shorts ES @ 1386.75 13:43

* NihabaAshi_away is now known as NihabaAshi 13:46

<NihabaAshi> #FuturesTrades Purpose -> No gurus, no head traders...you're here to document your own trades and thoughts as you traverse from one trade to the next trade because it provides critical information you cannot get from your broker statements (real money or simulator)...use this room as your trade journal.

<KN-ES> out 86 amd 3/8 83.50 87 ......... +1 and +3.50 13:47

<NihabaAshi> Shorts ER2 @ 726.70 -> small size 13:50

<startrader> Covered Remainder ES Short @ 1385.75 --> + 1 13:52

<NihabaAshi> Covered ER2 Short @ 726.00 --> + 0.7 13:54

got 2 ticks more than a WRB pt1

Long ER2 @ 726.70 -> small size 13:58

<Nesi> J Fed: Most Banks See Deterioration In Loan Quality In '08 14:00

(Dow Jones 02/04 14:00:06)

DJ US Fed Survey: Demand Weakens For Bank Loans

(Dow Jones 02/04 14:00:05)

<nqlove> Niha r u stillshort 14:02

<NihabaAshi> Exited ER2 Long @ 726.00 --> - 0.7 14:08

Reverse and Enter Short ER2 @ 726.00

<Andy> Exited Remainder ER2 Long @ 725.6 --> + 0.2 «« paper »» 14:09

<pdays> Shorts ER2 @ 725.7 14:13

Covered all ER2 Short @ 725.1 --> + 0.6

<NihabaAshi> Covered ER2 Short @ 725.50 --> + 0.5 14:16

I'm thinking about buying this "pin ball machine" to help me when the markets are boring @ http://www.pinballsales.com/asp/aa_SM33. asp :)

<Andy> vn, niha 14:18

Long ER2 @ 725.5 «« paper »» 14:21

<nqlove> Long er2 - mentally 14:23

<Andy> Exited all ER2 Long @ 725.7 --> + 0.2 «« paper »» 14:29

<NihabaAshi> Shorts ER2 @ 725.20 -> small size 14:30

<startrader> Shorts ES @ 1384.25 14:31

<NihabaAshi> Being careful about the potential retrace 14:32

<Nesi> *WSJ:Moody's To Consider Changes In Structured Finance Ratings 14:33

(Dow Jones 02/04 14:29:49)

<startrader> Covered 1/2 ES Short @ 1382.75 --> + 1.5 14:34

<KN-ES> add 82.50

* sep34_away is now known as sep34 14:37

<NihabaAshi> Covered 1/2 ER2 Short @ 724.00 --> + 1.2

<startrader> Covered Remainder ES Short @ 1382 --> + 2.25 14:38

<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) 14:40

<rainer> Long ER2 @ 818.9 14:43

Exited all ER2 Long @ 818.9 --> 0 14:44

Sorry was wrong 14:45

<NihabaAshi> Covered Remainder ER2 Short @ 724.60 --> + 0.6

Support area and ER2 trying hard to exploit it. 14:46

<cFox> GE at fresh intraday low, don't know if that makes YM nurvers.

* Looking up ymER2 user info... 14:48

* Retrieving #futurestrades modes... 14:49

* Looking up Brutus user info...

-> *X* BAN #FuturesTrades *!*@*.syd6.internode.on.net 14:50

* Looking up Brutus user info... 14:51

up ymER2 user info...

<NihabaAshi> Shorts ER2 @ 724.10 -> small size 14:56

Pin Ball Machine price action :( 14:59

* cFox exited ZB @ 119-6 -4 15:00

<cFox> still like long but time out now

<KiwiRoo> damn.. no power to take it below.... double bottom... 15:05

<startrader> Shorts ES @ 1385.25

<KN-ES> out 83.50 and 3/4 82.50 85 +1.50 and +2.50

<startrader> Covered 1/2 ES Short @ 1384.25 --> + 1 15:07

holding 1 for new lows. 15:08

<nqlove> is there a way to have multiple desktops in windows 15:10

same like in windows

so that i can run 1 prog m with tiled windows

<KN-ES> use nvidia 7300 + series for your vga card 15:13

you can use upto 5 different desktop

<monowheel> Possibly virtual desktops (like Dexpot) 15:14

<KN-ES> of course you will have to think about your processor, its better to have core2 duo or quad atleast 6600

and if not 64 bits then atleast 4 gb ram 15:15

<nqlove> i have core2 duo

with 1gig

but what i need is virtual desktop

<Brutus> do you want to swap some chart windows around? 15:16

<nqlove> yes 15:17

i want to cycle thru desktops

so that i can have 1min charts on 1desktoos

2 min on others

and i can just cycle them

i get buddies in the states who can buy and ship the latest processors

<NihabaAshi> Covered ER2 Short @ 724.80 --> - 0.7 15:18

WRB Analysis

Learn More

<KN-ES> nqlove - r u trying to get differnet desktop in one monitor or one desktop in multiple monitor or multiple desktop in multiple moinitor? 15:20

<nqlove> multiple desktops in 1 monitor 15:21

<cFox> Can't you open both 1min and 2 min charts in the same charting program? 15:22

<nqlove> here is my prob

i run NT

and mirc to chat and watch this room 15:23

but when I tile vertical

its a mess

<KN-ES> out 1/5 82.50 86.75 ........... + 4.25

<Brutus> nql - I do the same thing and I use hot key master. I program 1 key on my mouse and HKM cans swap ie toggle always on top status, for the required charts

http://www.hotkeymaster.com/ 15:24

<GoodMood> nq: I use dexpot (http://www.dexpot.de/index.php?lang=en) when I can have up to 20 virtual destops at once

<Andy> Long ER2 @ 724.6 «« paper »»

<Brutus> does not show vista

<startrader> Shorts ES @ 1386 -> Add

<nqlove> good mood plse type the url

<GoodMood> http://www.dexpot.de/index.php?lang=en 15:25

ok ?

<nqlove> i am downloading 15:27

or opening page

is it free 15:28

<GoodMood> yes, free

no ads

<nqlove> ok

we r low on funds here

<GoodMood> :) 15:29

no prob

<nqlove> may need to rob a bank to get going :) 15:30

<GoodMood> not a good idea ... 15:31

<Andy> Exited all ER2 Long @ 724.1 --> - 0.5 «« paper »»

<cwellsi> i'd rather rob my broker :}

<KN-ES> try those on weekends, then i can go with either of you 15:32

<nqlove> lol 15:33

<startrader> Covered 1/2 ES Short @ 1383.50 --> + 2.5 15:35

<nqlove> is there an indicator to draw trendlines on NT 15:36

<NihabaAshi> Shorts ER2 @ 723.60 -> small size 15:37

Covered ER2 Short @ 724.60 --> - 1 15:46

Reverse and Enter Long ER2 @ 724.60

2 contract

Exited ER2 Long @ 724.70 --> + 0.1 15:52

Didn't want to be sitting in "contracting volatility" with the pending infamous 4pm est rush hour traffic 15:53

#FuturesTrades Poll -> What futures broker/platform do you prefer? Thoughts, comments, recommendations will be collected, anonymized and made available for all next week both on the web and in the TSL forums. Please send responses to rickf (#FuturesTrades member) at rickf@attrition.org 15:55

<startrader> Covered all ES Short @ 1480.50 --> - 95.25 15:58

1380.50, nice 16:00

<Nesi> PFG (Principal Financial Group Inc) announces Q4 eps of $0.13 (est: 1.01)

(Track Notes 02/04 16:00:02)

<Brutus> ============ U.S. MARKETS ACTION =========== 16:01

DJIA down 105.19 points to 12638.49

NASDAQ down 29.39 points to 2383.97

S&P 500 down 14.08 points to 1381.29

10-year T-note down 80/32 at 104 29/32 yield 3.645

NYMEX Spot Crude up $1.06 at $90.02/bbl at close

Dollar/Euro up 0.0026 at 1.4828

http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={87d39 483-6750-47c2-aefa-4156cfd123a2}

<Nesi> *DJ National Semiconductor Cites Lower-Than-Expected Shipments 16:02

(Dow Jones 02/04 16:01:48)

<KN-ES> s/l hit 1380.00 out - 2.50 16:09

<NihabaAshi> Too bad there isn't more time on the clock... 16:10

<startrader> Inside day, and closing under 83.75. I smell downside.

<NihabaAshi> If so, I would be Shorting here.

<KN-ES> :( 16:11

end of the day with a loss

* sep34 is now known as sep34_away

<cFox> market or you? you have like ten winning trades, right, KN-ES? 16:12

<KN-ES> dont really know how many winning trade but this is the only losing trade 16:13

<startrader> 1396 was 50% of 12.11 highs.

<cFox> I got it.

<KN-ES> wasnt expecting this to go below 80

<NihabaAshi> Take care all and see all tomorrow 16:32

* NihabaAshi is now known as NihabaAshi_away

<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) 16:43

* DisconnectedSession Close: Mon Feb 04 21:22:29 2008 21:22

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