#FuturesTrades February 21st Thursday 2008 Trade Log

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: Thu Feb 21 09:08:36 2008Session Ident: #futurestrades
* Now	talking in #futurestrades	09:08
<X>	[NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
<Pepe>	gm all	09:10
<drt>	gm everyone	09:17
<Brutus>	http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={cd86b 4c1-3c97-48f7-a660-13a72a6f1479}	09:20
<PapaJon>	gm all	09:25
<ElephantMan>	gm all
<werner>	gm all	09:27
<ItalianSharp>	morning all	09:28
<ElephantMan>	Buy ES 1365.25	09:30
<Nesi>	Long NQ @ 716.40 «« paper »»
<ElephantMan>	cover 1/3 +1.50
<Nesi>	Exited all NQ Long @ 715.50 --> - 0.9 «« paper »»	09:32
<ElephantMan>	Cover the rest at Break even
<Nesi>	Long NQ @ 716.40 «« paper »»
<NihabaAshi>	Long ER2 @ 716.20 -> large size	09:33
<ripsboy>	gm all...
<Nesi>	Exited NQ Long @ 715.70 --> - 0.7 «« paper »»	09:35
	Reverse and Enter Short NQ @ 715.70 «« paper »»
<szubaark>	Shorts ES @ 1364.25 «« paper »»	09:36
<NihabaAshi>	Exited ER2 Long @ 715.40 --> - 0.8
	Pin Ball Machine :(	09:37
<werner>	:(
<NihabaAshi>	Shorts ER2 @ 716.00 -> large size	09:38
	DAX trying hard to exploit the support of a Dark Hammer Line on the 2min chart
<ElephantMan>	LONG ES 1365.25	09:40
<NihabaAshi>	Covered ER2 Short @ 716.60 --> - 0.6	09:41
	Long ER2 @ 717.40 -> large size
<Nesi>	Covered all NQ Short @ 717.60 --> - 1.9 «« paper »»
<ElephantMan>	Cover 1/3 +1.5
	Cover 2/3 +2.5
<NihabaAshi>	poor entry on the long...lost 4 ticks on the delay
<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)	09:42
<ElephantMan>	holding the last thirdwith a stop at 1365.75
<NihabaAshi>	should'uv done a position reversal
<ElephantMan>	move stop to 67.50	09:43
<NihabaAshi>	Exited ER2 Long @ 719.70 --> + 2.3
<Pepe>	very nice Niha	09:44
<ElephantMan>	stop keeping me in so far
	Exit the last thier at 1368.50 +3.25	09:45
<szubaark>	back to the opening congestion zone	09:47
<ElephantMan>	I should pack it in for the day +8.75 on ES today	09:48
<szubaark>	Nice ElephantMan
<ElephantMan>	:)
	ty szubaark	09:49
<NihabaAshi>	ER2 being sneaky again	09:50
<ElephantMan>	watch the 71.50 area on ES, nice resistance..I think it breaks it today
<NihabaAshi>	Shorts ER2 @ 718.40 -> medium size
	Covered ER2 Short @ 718.30 --> + 0.1	09:53
	:(
<Pepe>	white hammer line
<ElephantMan>	tough day niha
<Nesi>	Shorts NQ @ 718.00 «« paper »»	09:54
<NihabaAshi>	Shorts ER2 @ 718.00 -> medium size
	what was that ?	09:55
<Pepe>	wow
<ElephantMan>	Long 1365.25 again
<Nesi>	Shorts NQ @ 716.80 -> Add «« paper »»
<werner>	profit niha
<Pepe>	Philadelphia Fed Survey
	10:00 ET
<NihabaAshi>	glad I didn't give up on that Short in which my trailing stop was rudely "picked pocketed".	09:56
<ElephantMan>	Exit ES 1265.00 -.25
<szubaark>	we have a few 10am Reports
<NihabaAshi>	szu...looks like a report leak or early guessers :)	09:57
<ElephantMan>	early guessers
	Short ES 1365.00	09:58
<NihabaAshi>	Covered ER2 Short @ 716.70 --> + 1.3
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)
<Andy>	1 min to go	09:59
<Nesi>	Shorts NQ @ 716.00 -> Add «« paper »»	10:00
<NihabaAshi>	Another spike down
	wow
<ElephantMan>	Cover 1/3 +4
<NihabaAshi>	At least all the key markets are in sync
<ElephantMan>	cover the rest +3.75	10:01
	nice morning
<NihabaAshi>	nic EM
	Meant nice
<ElephantMan>	ty niha
<szubaark>	wow..wild swings
<ItalianSharp>	tradestation is down again
	:((
	these guys suck
<NihabaAshi>	:(
<ElephantMan>	looking to short 65 area again, if it gets there	10:02
<robert>	cover 67.75 short 61 +6.75
<Nesi>	Shorts NQ @ 715.50 -> Add «« paper »»
<szubaark>	Covered all Short ES at 1360 --> + 4.25 «« paper »»	10:05
<Nesi>	Covered 1/2 NQ Short @ 713.80 --> + 1.7 «« paper »»
<werner>	ts no prop here IS
<szubaark>	evthat was a tough 5min candle, even though it closed as a Red WRB
	thats why end of day charts dont tell "the whole story"	10:07
<lumenPharmer>	srt er 714.50 swing
<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.	10:12
<teg1979>	Hi everyone! I am a newbie here. Just curious, what timeframe does everyone prefer to use? 1min,3min,5min, or other?
<NihabaAshi>	I use them all :)
<szubaark>	:)
<NihabaAshi>	Shorts ER2 @ 715.30 -> small size	10:13
<lumenPharmer>	stopped out 715.50, open limit at 714.50, will see if it fills later	10:14
<NihabaAshi>	very tough price zone area	10:16
<szubaark>	Shorts ES @ 1362.25 «« paper »»
<Andy>	Shorts ER2 @ 716.4
<NihabaAshi>	Covered ER2 Short @ 716.60 --> - 1.3	10:17
	Long ER2 @ 717.20 -> small size
<Andy>	Covered all ER2 Short @ 716.9 --> - 0.5
<NihabaAshi>	That's two position reversal opportunities I've messed up today :(	10:18
<robert>	Shorts ES @ 64.25
<NihabaAshi>	Exited ER2 Long @ 717.40 --> + 0.2	10:21
<Andy>	Shorts ER2 @ 717.7
<NihabaAshi>	Shorts ER2 @ 717.60 -> small size	10:22
	ER2 putting up a good fight against the retrace back down	10:24
	Covered ER2 Short @ 716.30 --> + 1.3	10:26
<Andy>	Covered 3/4 ER2 Short @ 716.4 --> + 1.3	10:27
<szubaark>	small spike down
<Nesi>	Shorts NQ @ 716.00 «« paper »»
<NihabaAshi>	I'm +0.1 tick away from my profit goal for the day
<robert>	Covered all ES Short @ 63.25 --> + 1
<Andy>	Covered Remainder ER2 Short @ 715.8 --> + 1.9
<Nesi>	Shorts ER2 @ 716.00 -> Add «« paper »»	10:28
	oil out	10:30
<NihabaAshi>	Natural GAS Report just released
	Shorts ER2 @ 715.00 -> small size	10:33
<lumenPharmer>	back short at 714.50 er	10:34
<NihabaAshi>	:(
	ER2 should'uv dropped 2 points by now
<szubaark>	Real jumpy as these candles are forming in Real Time :(	10:35
<Andy>	Long ER2 @ 714.6
<szubaark>	exit stop moved to breakeven ES @ 1362.25 «« paper »»	10:37
<lumenPharmer>	seems like we would get a 712 test, but if it gets back above 715 all bets are off
<NihabaAshi>	Covered ER2 Short @ 714.70 --> + 0.3	10:38
	Couldn't hold it and I lost my support on that Short from the DAX, Oil and Gold
<Andy>	Exited all ER2 Long @ 713.9 --> - 0.7	10:39
<Pepe>	weak support here
	hmmm	10:40
<NihabaAshi>	Geeesh
<szubaark>	hopefully i can catch a WRB as we break support here
<Nesi>	Covered 1/2 ER2 Short @ 713.00 --> + 3 «« paper »»
<lumenPharmer>	stop at 713.30
<NihabaAshi>	I got suckered out of that Short too early :(
<lumenPharmer>	out 712.50
	one left stop at 714.50, let her ride	10:41
<szubaark>	Indexes fighting hard to stay Positive for the day
<lumenPharmer>	all out if we hit 710	10:42
<Nesi>	Covered all ER2 Short @ 711.60 --> + 4.4 «« paper »»	10:43
<szubaark>	Nice Nesi.
<lumenPharmer>	wtg nesi
<szubaark>	Covered all Short ES at 1358.25 --> + 4 «« paper »»	10:44
<Nesi>	Long ER2 @ 711.10 «« paper »»	10:45
<lumenPharmer>	er on the uptrend line from 7:09 yesterday
<Andy>	Long ER2 @ 711.1	10:46
	Exited 1/2 ER2 Long @ 711.7 --> + 0.6	10:48
<Nesi>	Long ER2 @ 711.60 -> Add «« Scalp »»	10:49
	Exited all ER2 Long @ 711.60 --> + 0.5 «« Scalp »»	10:51
<Andy>	Exited Remainder ER2 Long @ 711.8 --> + 0.7
<Nesi>	Long ER2 @ 711.20	10:52
<lumenPharmer>	short er 712, stop 714.50, looking for 705, the kids are up back to work ;)
<NihabaAshi>	Shorts ER2 @ 710.50 -> small size	10:53
<Nesi>	Exited all ER2 Long @ 710.00 --> - 1.2
<Kn-Es>	OUT 1/2 (66.75) 56.75 ......................... + 10.00	10:54
<NihabaAshi>	Nice trade KN
<Kn-Es>	thanks
<lumenPharmer>	wow wtg kn
<Nesi>	Long ER2 @ 711.00
<Kn-Es>	:)
<NihabaAshi>	Covered 1/2 ER2 Short @ 709.20 --> + 1.3	10:56
<Nesi>	Long ER2 @ 709.50 -> Add
<Andy>	Long ER2 @ 708.6	11:01
<Kn-Es>	s/l (69.75->) 56.50 (+10.25)	11:04
<Andy>	Exited 1/3 ER2 Long @ 709.6 --> + 1
<NihabaAshi>	Covered Remainder ER2 Short @ 709.60 --> + 0.9	11:06
	:(	11:07
<szubaark>	Buys ES @ 1355.75 «« paper »»
<Andy>	Exited 1/3 ER2 Long @ 710.0 --> + 1.4
<Pepe>	nice	11:08
<Andy>	thanks Pepe
	holding one contract
<Kn-Es>	OUT all (66.75) 56.75 ......................... + 10.00	11:09
<pdays>	Long ES @ 1356.0	11:10
<szubaark>	exit stop moved to breakeven ES @ 1355.75 «« paper »»
	Exited all Long ES at 1355.75 --> 0 «« paper »»
<Andy>	Exited Remainder ER2 Long @ 709.3 --> + 0.7	11:13
<pdays>	Exited all ES Long @ 1356.5 --> + 0.5	11:14
<Kn-Es>	srt 56	11:15
<NihabaAshi>	Long ER2 @ 710.10 -> small size	11:16
<Nesi>	Long ER2 @ 710.50 -> Add	11:17
<Kn-Es>	out 57
<pdays>	Long ES @ 1356.0	11:18
	Exited all ES Long @ 1356.75 --> + 0.75	11:19
<Kn-Es>	srt 57
<NihabaAshi>	Exited ER2 Long @ 709.00 --> - 1.1	11:20
	Reverse and Enter Short ER2 @ 709.00
<Kn-Es>	out 7/8 54 .................. + 3.00
	s/l 57	11:21
<szubaark>	Shorts ES @ 1355 «« paper »»
<NihabaAshi>	Is the Philly FED Survey normally at 12noon but today it was at 10am est ???	11:22
	Dark Hammer Line in ER2
<szubaark>	dont think its this week
<Kn-Es>	out 3 55.50 .................. + 1.50	11:24
	srt 54.225	11:25
	3 --> should be all	11:26
	out 55.75
<NihabaAshi>	Covered ER2 Short @ 709.80 --> - 0.8	11:27
<Pepe>	:(	11:28
<NihabaAshi>	Long ER2 @ 710.20 -> medium size	11:29
<Kn-Es>	s/l 57
	s/l 58	11:30
	lng and out	11:31
<Nesi>	Exited 1/2 ER2 Long @ 711.10 --> + 0.6
<Kn-Es>	srt 59	11:32
	s/l 60.25
<NihabaAshi>	Exited ER2 Long @ 711.00 --> + 0.8	11:33
<Pepe>	nice
<NihabaAshi>	Shorts ER2 @ 710.70 -> small size
<Kn-Es>	out 3/4 58 .................. + 1.00	11:35
<robert>	KN - what is s/l?
<Kn-Es>	<Kn-Es> s/l 60.25	11:36
	stop loss
<robert>	what does "s/l" mean?
	oh, ok - thnx
<NihabaAshi>	Covered ER2 Short @ 710.50 --> + 0.2	11:37
	geeesh :(
<Pepe>	chop price action
<Andy>	Shorts ER2 @ 710.3	11:40
<NihabaAshi>	Shorts ER2 @ 710.50 -> small size	11:41
	Andy...I almost snag that 710.30 but had an entry problem...
	Worked out to my advantage via getting a higher Short entry	11:42
<Andy>	funny how luck works with skill :)
<NihabaAshi>	Yep...there's always luck involved in trading to help with being consistent	11:43
<Andy>	now I'd like a little lucky to help me with this trade...	11:44
	lucky = luck
<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)	11:45
<Kn-Es>	rev 58.50	11:46
	out srt all 58.50 +.50	11:47
<Andy>	Covered all ER2 Short @ 710.9 --> - 0.6
<NihabaAshi>	Gold trying to push this higher :(
<Pepe>	and OIL	11:48
<NihabaAshi>	Covered ER2 Short @ 711.00 --> - 0.5
	Reverse and Enter Long ER2 @ 711.00
<Kn-Es>	out 3/4 60 .................. + 1.50
<NihabaAshi>	DAX too	11:49
	It's shallow though...may not push too far.
<Kn-Es>	out 3 59.50 .................. + 1.00
	s/l 57.50	11:50
<jc>	[10:22] <NihabaAshi> Is the Philly FED Survey normally at 12noon but today it was at 10am est ???	11:51
	I found the notice on the Dec 2007 report: As of Jan 2008 the Philly Fed Business Outlook Survey will now be released at 10am EST instead of noon on the 3rd Thursday.
<NihabaAshi>	Ahhhh...thanks.
	That means I can go to lunch earlier on day's like today :)
<jc>	I guess they all wanted an early lunch too	11:52
<NihabaAshi>	Pin Ball Machine price action trying hard to make an impact :(
	Exited ER2 Long @ 710.30 --> - 0.7	11:54
	Flat line volatility	11:55
	On that note...i'm going to lunch	11:56
<Kn-Es>	SRT 58.50	12:02
	s/l 60.25	12:04
<szubaark>	nice entry Kn	12:08
	right at .61% Retrace
<Kn-Es>	OUT 7/8 57.00 .................. + 1.50
	thanks szubaark	12:09
	OUT 3 56.00 .................. + 2.50
	3-->1
	should be 1	12:10
	OUT 1 55.00 .................. + 3.50
	s/l 58.50
<Andy>	vn KN	12:11
<Kn-Es>	thanks Andy
	tp +- 53
<ripsboy>	Nice trade KN...	12:12
<Kn-Es>	thanks ripsboy
<Andy>	Long ER2 @ 705.7	12:19
<szubaark>	NQ pulling ES down nicely
	When is rollover to June?	12:20
<Andy>	Exited all ER2 Long @ 705.1 --> - 0.6
<Kn-Es>	OUT last 51.50 .................. + 7.00	12:21
<szubaark>	very nice Kn
<Kn-Es>	thanks
	we should see 47.50
<lumenPharmer>	out 705.10 er	12:22
<Andy>	Long ER2 @ 705.1	12:23
<futurible>	nice,lumenPharmer
<Kn-Es>	lng 52.50	12:24
<lumenPharmer>	-1,+2.5,+4.5,+7, all out	12:25
<Kn-Es>	OUT 7/8 53.50 .................. + 1.00
<lumenPharmer>	today
<Andy>	Exited all ER2 Long @ 706.1 --> + 1
<lumenPharmer>	ty futurible :)
<Kn-Es>	nice trades, lumenPharmer
<lumenPharmer>	ty :)	12:26
	got lucky on the 705 target, but i will take it
<Kn-Es>	s/l 51.50
	:)
	+7 is hardly a luck, i guess
<lumenPharmer>	lol i like to let one run if i can, so hard to do it	12:27
<Kn-Es>	saw ur trades, its a nice strategy	12:28
<lumenPharmer>	:)
<Kn-Es>	OUT 1 53.50 .................. + 1.00	12:29
	s/l hit	12:30
<lumenPharmer>	trying to work some Kn "the volume maker" -Es into my trades ;) hehehe	12:31
<Kn-Es>	srt 51.75
	sz
<lumenPharmer>	and a little Niha on the open, i still need lots of work ;)	12:32
<Kn-Es>	:)	12:34
	rev 52.75	12:35
<lumenPharmer>	i have a 4 year old and a 30day old, lol i sleep and trade when i can ;P
<Kn-Es>	53.75 out 3/4 ........... 1.00
	:)
	i m 30	12:36
	:)
<lumenPharmer>	i m 37 going on 60 ;)
<szubaark>	when idd u start trading?
<Kn-Es>	30 day!
	thats way to early to get back to trading	12:37
<lumenPharmer>	17 years ago
<Kn-Es>	wow
<lumenPharmer>	lol
<szubaark>	Covered all Short ES at 1353.50 --> + 1.5 «« paper »»
<Kn-Es>	7 all together, 3 all that i count
<lumenPharmer>	you are doing great	12:38
<Kn-Es>	thanks
	still long way to go
<lumenPharmer>	it always changes, keep flexable	12:39
	take the money while u can
<Kn-Es>	53.25 out 4 ........... .50
	:)
<Andy>	I'm long one contract, trying to get more on	12:40
	so much for the pullback :(
<Kn-Es>	54.25 out 1 ........... +1.50	12:41
<lumenPharmer>	nice szu
<Kn-Es>	goodluck Andy
<Andy>	thanks KN	12:42
<Nesi>	Long ER2 @ 706.00
<Kn-Es>	s/l 51.75	12:43
<lumenPharmer>	szubaark when did you start?
<intowin>	Long ES @ 706	12:44
	703.80 stop bbl
<NihabaAshi>	Shorts ER2 @ 705.70 -> medium size	12:46
<Andy>	Long ER2 @ 705.6
<lumenPharmer>	time to take my son to bitty basketball, haha wife gets the squeeler for an hour, i will try for the close, take care	12:47
<Kn-Es>	rev 53.25 out lng (+.5)
<ElephantMan>	careful on ES Longs	12:48
<NihabaAshi>	Shorts too...	12:49
	volatility is contracting a lot.
	Thus, there's going to be a price spike here soon.
	Hopefully down and not up.
<Kn-Es>	s/l 54.75	12:50
<Andy>	Exited all ER2 Long @ 705.1 --> - 0.5
<ElephantMan>	if ES breaks 50.75, we will see 45 area
<Nesi>	Long ER2 @ 705.50 -> Add
<Kn-Es>	OUT 7/8 52.75 .................. + 1.00
<NihabaAshi>	Covered ER2 Short @ 705.10 --> + 0.6	12:51
<ElephantMan>	I missed my Short at 55 on ES
<Kn-Es>	thats 52.25
<ElephantMan>	was away, just got back
<Andy>	Long ER2 @ 705.1	12:53
<Kn-Es>	OUT 1 51.25 .................. + 2.00
<Nesi>	Long ER2 @ 706.00 -> Add	12:55
<ElephantMan>	Long ES 53
	Lite entry, stop below 51	12:56
* codehead_afk	is now known as codehead
<Kn-Es>	rev 52.50 out srt (+.75)	12:57
<ElephantMan>	maybe volume coming in here
<Kn-Es>	OUT 3/4 53.50 .................. + 1.00	12:58
	s/l 51.50
<Andy>	Exited all ER2 Long @ 704.9 --> - 0.2	12:59
<ElephantMan>	moved stop to B/E	13:00
	flat, Exit the long at B/E	13:01
<codehead>	oil selling pretty hard past hour
<Kn-Es>	srt 52.50
<ElephantMan>	I will short break of 50.75	13:02
<Kn-Es>	OUT 7/8 51.50 .................. + 1.00
	s/l 53.50	13:03
<teg1979>	Hope to see around 698-701 on ER2 short	13:06
<Kn-Es>	finally	13:10
<szubaark>	[12:43] <lumenPharmer> szubaark when did you start?
<Kn-Es>	OUT 1 49.50 .................. + 3.00	13:11
	2
<szubaark>	about 5 years total with last 2 years Full-time spending thousands and thousands of hours of screen time
<Kn-Es>	out 2
<szubaark>	first 3 years just gambling my money away	13:12
<Andy>	you are not alone, szu :)
<werner>	:)
<Kn-Es>	:)
<ElephantMan>	got my fillon Short ES at 50.50
	target 45	13:13
	no covers yet, c/mon, get there now	13:14
	take hals at +2.5
<Kn-Es>	should see 42.50
	tp 45 +-	13:15
<intowin>	Exited all ES Long @ 703.80 --> - 2.2
	stop hit earlier
<teg1979>	just curious, are my scripts showing up? Anyone see my trades?	13:16
<ElephantMan>	folks, this was a great first day yet	13:19
	first day here
<teg1979>	I am new to this chatroom and was just curious if my trading scripts are visiable to everyone? Can you see them? Yes or no?	13:20
<ElephantMan>	I am going to manage my exit on the last short and call it a day
	tegman, I did not see any
	sorry teg1979
<Kn-Es>	tag1979 , i dont see them either
<teg1979>	I see them on my screen like this -> ** Covered Remainder ER2 Short @ 701 --> + 4.4 «« paper »»	13:21
	thanks for letting me know, I will have to figure this out
<ElephantMan>	good luck to all, for the rest of the dy	13:22
	day
<Kn-Es>	add 49.25	13:26
	2 cn
	out 1 47.75 ......... +1.50	13:27
<NihabaAshi>	[13:20] <teg1979> I am new to this chatroom and was just curious if my trading scripts are visiable to everyone? Can you see them? Yes or no?	13:32
	Yes...its visible to anyone in this room
	Shorts ER2 @ 701.70 -> small size	13:34
<Andy>	I see no trading scripts teg; post an example...
<Nesi>	Exited all ER2 Long @ 700.30 --> - 11.4	13:37
<NihabaAshi>	Covered 1/2 ER2 Short @ 700.40 --> + 1.3
<teg1979>	okay, I will try and example
	anyone see it?	13:38
<NihabaAshi>	No.
	What script are you using ???
<Kn-Es>	out (L 49.25) 46.25 ............... + 3.00
<teg1979>	Thanks for the heads up, I will have to figure it out
<NihabaAshi>	Also, after you installed it...did you save it...close mIRC and then log back on to make sure it works ???	13:39
<teg1979>	I saved, but I did not log back on. Let me try again	13:40
<Andy>	Long ER2 @ 700.3	13:41
<Kn-Es>	add 47.50	13:42
	2 con
	out 1 47.50 46.00 ................. + 1.50	13:48
<Andy>	Long ER2 @ 699.6 -> Add	13:49
<Kn-Es>	out (last 47.50) 45.50 ................. + 3.00	13:50
<Andy>	Exited all ER2 Long @ 699.4 --> - 1.1
<Kn-Es>	2.00
<NihabaAshi>	Weird...no fill at 698.90	13:51
<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)
<Andy>	Long ER2 @ 699.6
<Kn-Es>	srt 47	13:52
	1 con
<Andy>	Exited all ER2 Long @ 698.6 --> - 1	13:53
<NihabaAshi>	Covered Remainder ER2 Short @ 698.70 --> + 3
<Andy>	geez
<Kn-Es>	out 47.00 46.00 ............. +1.00
<teg1979>	Long ES @ 699.00	13:54
<Kn-Es>	srt 47.50
<NihabaAshi>	1 contract only for the remainder of the trading day because I'm now in profit protection mode.
<Kn-Es>	1 con
<teg1979>	that was a test, looks like it is workning now
	Exited Remainder ES Long @ 699.00 --> 0
	did you guys see my script?	13:55
<NihabaAshi>	I saw it :)
<teg1979>	sweet, thank you so much
<Andy>	Long ER2 @ 699.4
<intowin>	Long ES @ 700	13:57
	698.50 stop bbl
<Kn-Es>	add48.775	13:59
<KiwiRoo>	Hi all :)	14:03
	tough arean for the longs here...	14:04
	area*
<teg1979>	Long ES @ 700.8	14:07
	Exited Remainder ES Long @ 699.8 --> - 1	14:13
<Kn-Es>	out 7/8 48.75 46.75 .............. + 2.00
	out 2 48.75 47.75 .............. + 1.00	14:14
<Nesi>	Long ER2 @ 700.00	14:15
<Kn-Es>	srt 49.75	14:18
	2 con
	out all 49.75 48.75 ......... + 1.00	14:19
	srt 49.50	14:21
	1 con
	out 48.50 +1.00
<Nesi>	Long ER2 @ 701.50 -> Add
<Kn-Es>	srt 51
<Andy>	Exited 1/2 ER2 Long @ 701.1 --> + 1.7	14:22
<Kn-Es>	out 7/8 50 ...... +1.00	14:23
<KiwiRoo>	wow...
	fast.
<Kn-Es>	out 2 51 50.50 ........+1.50
	out last 51 50 .......+1.00	14:24
<Nesi>	Long ER2 @ 702.00 -> Add	14:25
<Kn-Es>	out all 50.50....48.75 (-1.25) 52.50 ( + 2.00)
	got to go
<intowin>	Exited 1/2 ES Long @ 702.40 --> + 2.4
<Kn-Es>	good trading to all
<intowin>	b/e stop on balance bbl	14:26
<Kn-Es>	should see 47.50 again
<Andy>	cu KN	14:27
<Kn-Es>	:)
	long evening ahead
	:(
<KiwiRoo>	take care mate..	14:28
<Nesi>	Long ER2 @ 702.50 -> Add	14:30
<Kn-Es>	thanks
<teg1979>	Shorts ES @ 701.5	14:31
	Covered 1/2 ES Short @ 700.5 --> + 1	14:42
	exit stop moved to breakeven ES @ 701.5	14:43
<Andy>	Exited Remainder ER2 Long @ 700.1 --> + 0.7	14:45
<intowin>	Exited all ES Long @ 700 --> 0	14:46
<silo>	hey guys got a question about stops	14:50
	if i'm short, and a news came out... and price went up very very fast within a minute.... will my stop order get filled?
	not always right?
	even if it did get filled i might be a really really bad filled if the price action is too fast
	right?
<intowin>	stop becomes market when hit	14:51
	so yes
<silo>	or if the price gaps above the stop price
	then the stop automatically becomes a market cover order	14:52
<intowin>	yep
<rainer>	Long ER2 @ 699.7	14:55
<KiwiRoo>	I got huge slipage be4 on fomc day.	14:59
	was pissed!
<teg1979>	exit stop lowered ES @ 700.5
<Andy>	Long ER2 @ 699.4
<rainer>	Exited all ER2 Long @ 698.5 --> - 1.2	15:00
<teg1979>	oops, needed to set defaults. my trades are ER2 with paper
	exit stop lowered ER2 @ 700.5 «« paper »»	15:01
	there we go, sorry guys
<Andy>	Exited all ER2 Long @ 698.2 --> - 1.2
	that's it for me today
<teg1979>	Covered Remainder ER2 Short @ 697.0 --> + 4.5 «« paper »»	15:06
<NihabaAshi>	Shorts ER2 @ 697.20 -> small size	15:28
	:(
	Covered ER2 Short @ 696.90 --> + 0.3	15:29
	I don't scalp but that trade entry was an error...	15:30
	Thus, I dumped it fast.
	Was lucky to dump it at a profit and not a loss	15:31
<whiplash>	What would you consider scalping?	15:32
<NihabaAshi>	First, someone needs a scalping tools (proper broker, specialize trade execution platform, dirt cheap commission, high volume trader, chart intervals less than 1min et cetera).	15:33
	I have none of that to do proper scalping.
	Most scalpers use Market Depth or something similar like.	15:34
	Most scalpers don't have an initial goal to capture points.	15:35
	Usually they are looking for ticks
	Anybody that does a lot of those things I mention...	15:36
	That's a scalper.
	Anybody that thinks they are scalping without a lot of those things I just mentioned...
	That's a scalper at a big time disadvantage.
<whiplash>