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.
|
Trader's
Books
Videos
DVD
VHS
PAL
Audio
Click
Here
|
ER2 |
EuroFX EC |
+27.20 |
+0.0000 |
$2,720.00 |
$0.00 |
Trading Perspective
Profit/Loss
Statement
Tough trading day because of my incorrect volatility
analysis for part of the trading day.
I also had some data problems in the p.m. trading
session to forced me to switch to use my laptop next to my backup system
(desktop with multiple monitors).
Other than that, I expect a very slow start in the
markets next week as it digest what happen last week as traders try to be
better prepared to exploit the volatility when volatility shows up again.
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
March...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.com
Note:
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.
|
|
#FuturesTrades purpose, benefits and access
info...click
here. |
| Session Start: Fri Mar 02 09:18:06 2007Session Ident: #futurestrades |
* Now | talking in #futurestrades | 09:18 |
<X> | [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm |
<eminitrader> | cld see a strong downtrend day anytime soon ... |
<pat255> | agree em ..buyers dont like that |
<eminitrader> | true pat |
<pat255> | gm niha |
<RussellDaytrade> | yep, i am looking (and hoping) for a 'bear-mkt-type rally. agree bigger trend is now down, for a while, perhaps months. | 09:19 |
| Exited 1/4 ER2 Long @ 786.5 --> + 3 «« paper »» | 09:20 |
<NihabaAshi> | Good morning all. |
<eminitrader> | still think long term at least some time this yr ES will test 1550 area | 09:21 |
<werner> | gm niha em ,all | 09:22 |
<PapaJon> | gm all |
<RussellDaytrade> | gm Niha. any bias from your perspective this am? |
<pat255> | yes em ..global economy lot of slaves to be hired to work @ $1 /hr all over the place |
| world & make widgets for the rich in other places .. |
<RussellDaytrade> | lets hope we don't get on teh other end of that equation. | 09:24 |
<pat255> | rofl very true RD.. |
<RussellDaytrade> | Exited 1/4 ER2 Long @ 788 --> + 1.7 «« paper »» | 09:26 |
| now l 3 ap near 787 | 09:27 |
| still wanna be long, freeing up in case it drops again | 09:28 |
<jperl> | ER2 VWAP data.... | 09:30 |
| yesterday: 787.98 |
| 1 week: 803.71 |
| 1 month: 811.82 |
| 1 year: 749.21 |
<eminitrader> | Shorts ES @ 1404.50 | 09:31 |
| Shorts ES @ 1400.50 | 09:32 |
| sorry |
<NihabaAshi> | Shorts ER2 @ 787.60 -> large size | 09:33 |
<RussellDaytrade> | Long ER2 @ 786.7 -> Add «« paper »» | 09:34 |
<eminitrader> | Covered 1/3 ES Short @ 1398.50 --> + 2 |
<NihabaAshi> | Covered all ER2 Short @ 785.40 --> + 2.2 | 09:35 |
|
|
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 with a money
back guaranteed policy...click
here. |
|
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)
|
| |
<RussellDaytrade> | Long ER2 @ 785.1 -> Add «« paper »» |
<eminitrader> | Covered 1/3 ES Short @ 1399.50 --> + 1 | 09:36 |
<RussellDaytrade> | Exited 1/4 ER2 Long @ 787.5 --> + 2.4 «« paper »» |
<eminitrader> | Covered Remainder ES Short @ 1400.50 --> 0 | 09:37 |
<NihabaAshi> | Long ER2 @ 789.60 -> large size |
<RussellDaytrade> | Exited 1/4 ER2 Long @ 789.5 --> + 3.2 «« paper »» |
| now long 3 again. | 09:38 |
| lowered ap by a couple bucks, to approx 785 | 09:39 |
| Long ER2 @ 786.4 -> Add «« paper »» |
<NihabaAshi> | Exited ER2 Long @ 786.60 --> - 3 | 09:40 |
| Reverse and Enter Short ER2 @ 786.60 |
<eminitrader> | Long ES @ 1399.50 |
| Exited 1/2 ES Long @ 1402 --> + 2.5 | 09:41 |
<RussellDaytrade> | t on that last buy is 90.5 |
<NihabaAshi> | Covered ER2 Short @ 787.50 --> - 0.9 |
| Reverse and Enter Long ER2 @ 787.50 |
<RussellDaytrade> | long 4 | 09:42 |
| ap near785.4 or so |
<NihabaAshi> | Exited all ER2 Long @ 788.00 --> + 0.5 | 09:43 |
<eminitrader> | Exited Remainder ES Long @ 1402 --> + 2.5 |
<RussellDaytrade> | Long ER2 @ 786.2 -> Add «« paper »» | 09:48 |
<NihabaAshi> | Shorts ER2 @ 786.10 -> large size |
| Covered all ER2 Short @ 785.00 --> + 1.1 | 09:50 |
<ItalianSharp> | nice price action today...looks like the market has a clear direction...lol | 09:53 |
<szubaark> | exit stop set NQ @ 1752 «« paper »» | 09:54 |
<NihabaAshi> | Shorts ER2 @ 785.40 -> large size |
<szubaark> | exit stop set NQ @ 1752 «« paper »» | 09:55 |
| Im making setting my Stops Priority after that disaster -16 Whacker on Wendesday. Told me how Impulsive I really am :( | 09:56 |
<RussellDaytrade> | Long ER2 @ 785 -> Add «« paper »» |
<szubaark> | Exited all Long NQ at 1747.50 --> + 20.5 «« paper »» |
| Shorts NQ @ 1752 «« paper »» | 09:57 |
| Covered all Short NQ at 1747.50 --> + 4.5 «« paper »» |
<eminitrader> | nice szu.. |
<szubaark> | thanx.. getting out before the 10AM Report |
<eminitrader> | Long ES @ 1399 | 09:58 |
| Exited all ES Long @ 1398 --> - 1 | 10:00 |
<pat255> | wild movements | 10:02 |
<RussellDaytrade> | its settling down, pat, i think, may be good sign for bounce soon. |
| we keep getting lower /low prices with less selling intensities | 10:03 |
<pat255> | even ES acting like er |
<RussellDaytrade> | perhaps, the mentality to get long is not yet develop in most, and that may be good also. | 10:05 |
<NihabaAshi> | Shorts ER2 @ 786.70 -> large size | 10:06 |
<RussellDaytrade> | gdit, every time i am posting, i miss a sell op. :) (maybe thats actually good and i should type more???) |
<NihabaAshi> | Covered all ER2 Short @ 786.60 --> + 0.1 | 10:08 |
| Shorts ER2 @ 786.70 -> large size | 10:09 |
| Covered ER2 Short @ 787.20 --> - 0.5 | 10:11 |
| Reverse and Enter Long ER2 @ 787.20 |
<RussellDaytrade> | Exited 1/4 ER2 Long @ 787.4 --> + 2.4 «« paper »» |
| l 5 | 10:12 |
<jperl> | nothing like the cable company deciding to do work on the pole without telling anyone |
<eminitrader> | lol | 10:13 |
<jperl> | good thing I wasn't in the middle of a trade |
<NihabaAshi> | Exited all ER2 Long @ 787.30 --> + 0.1 |
| Geeesh :( |
<ItalianSharp> | guess markets are waiting for big ben to speak up | 10:14 |
<NihabaAshi> | Looks like it. |
<RussellDaytrade> | in april 1999, had a squirrel chew thru a cable on a transformer, it shorted and blew up, knocked out power to neighborhood, (as well as squirrel) |
<eminitrader> | nq not coforming this thrust yet |
<jperl> | smart little buggers aren | 10:15 |
| aren't they |
<pat255> | em u take cues from NQ mostly? |
<eminitrader> | cues yes ...nothing more | 10:16 |
<jperl> | ER2 sitting on VWAP right now 786.68 |
<RussellDaytrade> | school taxi time, have sells above mkt, 790, 91, in case they trigger while away. (i was in a trade, and luckily the phones still worked, got out immediately, and yes, tehy are quite the little buggers!) | 10:21 |
<jperl> | it's a good thing they haven't learned how to use tools | 10:26 |
<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) | 10:30 |
<NihabaAshi> | Long ER2 @ 786.50 -> large size | 10:35 |
<RussellDaytrade> | -lol if they did, i'd like to put 'em to work! | 10:39 |
<jperl> | I've got news for you..., they will be putting you to work | 10:40 |
<Chilly> | Long ES @ 1401.25 «« paper »» | 10:42 |
<NihabaAshi> | Exited all ER2 Long @ 787.80 --> + 1.3 | 10:43 |
| Ooopss... |
| Exited all ER2 Long @ 786.80 --> + 0.3 |
<Chilly> | little triangle on ES |
| Exited 1/3 ES Long @ 1402.25 --> + 1 «« paper »» | 10:44 |
<NihabaAshi> | [09:54] <NihabaAshi> Shorts ER2 @ 785.40 -> large size | 10:46 |
| That trade resulted in a -0.8 loss and I didn't have time to post it due to market conditions. |
<pat255> | np niha ..this er is more wilder thee days | 10:47 |
| big bars ,,out of no where | 10:48 |
| |
Sponsor:
Traders Accounting |
As traders we must treat our trading like a
business if we are to succeed as traders and as a business. Therefore,
waiting till the last few weeks March to prepare for April's taxes is not
good for your trading and could put extra stress on your trading during tax
month or the months that follow if your one of those traders that filed an
extension.. Therefore, its best to be on top of your taxes throughout the
year and
Traders Accounting
is a great resource for such especially if you want to prevent penalties or
an audit several years from now. |
|
|
| |
<Chilly> | Exited 1/3 ES Long @ 1404.25 --> + 3 «« paper »» |
<RussellDaytrade> | Exited 1/4 ER2 Long @ 788.8 --> + 2.5 «« paper »» | 10:49 |
<eminitrader> | nice guys |
<RussellDaytrade> | now long 4 |
<Chilly> | thanks | 10:50 |
<eminitrader> | nice ebtry there chilly.. |
<Chilly> | couold be failed breakout |
<eminitrader> | every trade is risk :)) | 10:51 |
| Shorts ES @ 1404 |
<Chilly> | thanks again oh great Master of the entry :) |
<eminitrader> | he he he | 10:52 |
| rright @ ny ma's ...looking for a quick one .. |
| does look like it may push higher...unless it decides to chop | 10:53 |
| take that back...think all it did was fill the gap | 10:55 |
<RussellDaytrade> | Long ER2 @ 787.3 -> Add «« paper »» |
<eminitrader> | will hold my trade ... |
<Chilly> | think I'll see if I can hang in there in case we start to get staircase moving up .. | 10:56 |
| doubtful but diabolical |
<eminitrader> | never know ...and its a friday :)) |
<Chilly> | exit stop set ES @ 1401.25 «« paper »» |
<eminitrader> | i have a 6 tick stop | 10:57 |
<NihabaAshi> | Shorts ER2 @ 787.60 -> large size |
| Covered ER2 Short @ 787.80 --> - 0.2 | 11:00 |
| Reverse and Enter Long ER2 @ 787.80 |
<Chilly> | indecision on ES ... doesn't look good for this long |
| Trailing Stop Hit ES @ 1401.25 --> 0 «« paper »» | 11:01 |
<NihabaAshi> | Exited ER2 Long @ 787.00 --> - 0.8 | 11:02 |
| Reverse and Enter Short ER2 @ 787.00 |
<eminitrader> | Covered 1/2 ES Short @ 1401 --> + 3 |
<jperl> | ER2 VWAP now 786.56 |
<eminitrader> | stop @ 3 ticks for reminder ...will hold | 11:03 |
| looks like hod on the ES | 11:04 |
<Chilly> | Jperl .. what time period do you use to calculate your VWAP? |
<jperl> | time period?? doesn't depend on time | 11:05 |
<RussellDaytrade> | t = 792.83 |
<jperl> | starts at the open |
<RussellDaytrade> | although i think thats conservative |
<Chilly> | on Ensign do you set study parameters to calculate moving avg / formula vol. weight? | 11:06 |
<jperl> | no....VWAP is not a moving average | 11:07 |
<Chilly> | oh, ok | 11:08 |
<jperl> | I think there may be a DYO study for VWAP in Ensign |
<Chilly> | ah, thanks |
<NihabaAshi> | Shorts ER2 @ 787.70 -> Add | 11:10 |
| :( |
<RussellDaytrade> | Exited 1/4 ER2 Long @ 788.7 --> + 1.4 «« paper »» | 11:15 |
| oh yeah. | 11:16 |
<NihabaAshi> | Covered all ER2 Short @ 788.90 --> - 3.1 | 11:17 |
<pat255> | :( | 11:18 |
<eminitrader> | Covered Remainder ES Short @ 1404.75 --> - 0.75 | 11:20 |
<pat255> | em they took the stops out at VPC as per E setup | 11:22 |
<eminitrader> | prolly |
| but my charts now cofirm change in trend ...so ita all longs now for me |
<pat255> | k...thks | 11:23 |
| looks like .. |
<eminitrader> | Long ES @ 1403.25 | 11:25 |
<ItalianSharp> | bernanke is due to speak at 11pm right? that won't affect the markets until monday |
| no more news today...:( |
<NihabaAshi> | Shorts ER2 @ 788.30 -> large size |
| :( | 11:30 |
* codehead_afk | is now known as codehead | 11:31 |
<jperl> | ER2 VWAP now 786.98 |
<eminitrader> | Long ES @ 1401.75 -> Add | 11:33 |
<NihabaAshi> | Covered all ER2 Short @ 787.40 --> + 0.9 | 11:35 |
<eminitrader> | exit stop set ES @ 1400.25 | 11:36 |
| be back.. |
<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) | 11:42 |
<NihabaAshi> | Shorts ER2 @ 787.30 -> large size | 11:53 |
<RussellDaytrade> | Long ER2 @ 786.3 -> Add «« paper »» | 11:55 |
<NihabaAshi> | :( |
* NihabaAshi | is now known as NihabaAshi_away |
<jperl> | Well, I got slapped around good and proper this morning.... | 11:58 |
| http://charts.dacharts.com/2007-03-02/JP ERL_019.png |
| That's what I get for trading around the VWAP | 11:59 |
<RussellDaytrade> | Exited 1/4 ER2 Long @ 787.2 --> + 0.9 «« paper »» | 12:00 |
* DisconnectedSession | Close: Fri Mar 02 12:03:37 2007 | 12:03 |
| Session Start: Fri Mar 02 12:10:37 2007Session Ident: #futurestrades |
* Now | talking in #futurestrades | 12:10 |
<X> | [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm |
<pat255> | 785 is the magnet | 12:11 |
<RussellDaytrade> | Long ER2 @ 785.7 -> Add «« paper »» |
| arghh!, is this thing ever going to stop going down? | 12:12 |
<NihabaAshi> | Covered 1/2 ER2 Short @ 783.80 --> + 3.5 | 12:16 |
<RussellDaytrade> | Exited all ER2 Long @ 785 --> - 2 «« paper »» |
<pat255> | nice patience there niha ..i gave up.. | 12:17 |
<RussellDaytrade> | tahts about a BE as i have lowered cost basis. | 12:18 |
| Long ER2 @ 783.5 «« paper »» |
<NihabaAshi> | Yep...considering I currently have no charts while my backup system (secondary computer on a different ISP) is booting up right now. |
<RussellDaytrade> | Long ER2 @ 782.2 -> Add «« paper »» | 12:19 |
<NihabaAshi> | Covered ER2 Short @ 782.00 --> + 5.3 | 12:20 |
| Holding 4 contracts |
<RussellDaytrade> | Long ER2 @ 781.7 -> Add «« paper »» | 12:22 |
| Exited 1/3 ER2 Long @ 782.7 --> + 1 «« paper »» | 12:23 |
| Long ER2 @ 781.3 -> Add «« paper »» | 12:26 |
| Long ER2 @ 780.2 -> Add «« paper »» | 12:29 |
| 4 at ap 781.8 | 12:30 |
<NihabaAshi> | Covered ER2 Short @ 780.60 --> + 6.7 | 12:39 |
| Holding 2 contracts |
<pat255> | wtg niha .. |
<RussellDaytrade> | Long ER2 @ 780.2 -> Add «« paper »» | 12:40 |
| Long ER2 @ 779.3 -> Add «« paper »» | 12:44 |
| Exited 1/3 ER2 Long @ 781 --> + 1.7 «« paper »» | 12:46 |
| sold 2 of 6 |
| ap at 781.2 on all 6 |
| Exited 1/3 ER2 Long @ 772 --> - 11.5 «« paper »» | 12:53 |
<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) | 12:54 |
<RussellDaytrade> | thats up.8 times 2 |
| Exited all ER2 Long @ 782.3 --> - 1.2 «« paper »» |
| thas up a buck on last 2 | 12:55 |
| Long ER2 @ 781.5 «« paper »» |
<pdays> | Shorts YM @ 12197 | 12:57 |
| Covered all YM Short @ 12189 --> + 8 |
<RussellDaytrade> | Long ER2 @ 780.2 -> Add «« paper »» | 13:12 |
| Long ER2 @ 779.1 -> Add «« paper »» | 13:27 |
| Long ER2 @ 778 -> Add «« paper »» | 13:30 |
<NihabaAshi> | Covered ER2 Short @ 778.90 --> + 8.4 | 13:34 |
| Holding 1 contract |
<pat255> | gl niha a home run... | 13:39 |
<RussellDaytrade> | Exited 1/4 ER2 Long @ 780.8 --> + 2.8 «« paper »» | 13:50 |
| the way i look at it, that was a sale of the 780.2. i prefer to keep the lower priced ones, and sell the gihgers, although i am trying to hold some incase this bottom holds. | 13:51 |
| cost basis on the at group is 4 at ap 779.7 | 13:52 |
<codehead> | long YM 12146 <paper> | 14:02 |
<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) | 14:03 |
<NihabaAshi> | ER2 volatility dropping fast...I'm expecting a volatility spike here soon. | 14:06 |
<RussellDaytrade> | Long ER2 @ 778 -> Add «« paper »» |
<codehead> | oil popping | 14:07 |
| ym close to trigger for vegas countertrend pattern | 14:11 |
| on 5 min chart |
| having trouble tho | 14:12 |
| ES potential vegas adn inverted ghost | 14:13 |
| exit half YM +13 <paper> | 14:39 |
| first target heat finally, after mucho heat | 14:40 |
<RussellDaytrade> | Exited 1/4 ER2 Long @ 780.3 --> + 2.3 «« paper »» |
<codehead> | it got within a tick of my wide stop too :-P |
<RussellDaytrade> | sold an 780.2, now long 3 |
| Exited 1/4 ER2 Long @ 781 --> - 0.5 «« paper »» |
<codehead> | stop raised to 12159 YM <paper> |
<RussellDaytrade> | kinda hate to give those up | 14:41 |
<codehead> | stop raised to 69 |
| exit YM +30 <paper> | 14:42 |
| remainder |
<RussellDaytrade> | Long ER2 @ 780.1 -> Add «« paper »» | 14:46 |
<NihabaAshi> | I'm a little surprise at some of the buying after 2:30 pm est because I would think after a week of trading this hugh volatility spike these past several trading days... | 15:04 |
| Traders would be too tired and just sell off what they had :) |
| Especially going into the close. |
| Will be an interesting last hour of trading. | 15:05 |
<pat255> | S covering i suppose before the weekend |
<RussellDaytrade> | perhaps, traders that have sold short all week wanna not take some in, and call it a job well done. |
| now |
<NihabaAshi> | Yep...I didn't think about that scenario. | 15:06 |
| Some short covering to bank the profits before the weekend. | 15:07 |
<RussellDaytrade> | i have to admit, i am a little tired, traded a lot today. |
<pat255> | yes RD u were oding some goo d trades | 15:08 |
<RussellDaytrade> | as usual had to take soem gas before closing most at some prfits, although i let my best pfofits yet eveaporate yesterday, in trying to hold for higher prices above 797 yesterday. | 15:09 |
| hard to believe there's still another hour left on the day | 15:11 |
| selling another on a break above previous peak...selling to close a long. | 15:13 |
| Exited 1/4 ER2 Long @ 781.5 --> + 1.4 «« paper »» | 15:14 |
<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) | 15:15 |
<RussellDaytrade> | only 2 left |
| wanted to hold long o/w, think that gap up open is overdue, buty as i said, i'm kinda tired this pm. | 15:16 |
| 83 and 84 may perk me up a bit. |
<NihabaAshi> | Covered Remainder ER2 Short @ 781.20 --> + 6.1 | 15:18 |
<codehead> | nice | 15:21 |
<ItalianSharp> | didn't know you still were short niha...well done in this trade...;) |
<NihabaAshi> | Long ER2 @ 781.20 -> small size | 15:22 |
| ER2 volatility has dropped...I'm expecting a volatility spike here soon. | 15:29 |
| Exited ER2 Long @ 780.90 --> - 0.3 | 15:32 |
| Reverse and Enter Short ER2 @ 780.90 |
| 781.00 support didn't hold. |
| Volatility decling again...expecting another volatility spike. | 15:40 |
<pat255> | c u all later gn & ty | 15:41 |
<NihabaAshi> | Covered 1/3 ER2 Short @ 779.50 --> + 1.4 | 15:42 |
| Covered 1/3 ER2 Short @ 778.80 --> + 2.1 | 15:44 |
| |
Sponsor:
Skype
|
|
| |
<RussellDaytrade> | i do not feel like buying another round today. 2 long | 15:45 |
| it's a 'tail-between-the-legs' type of close. | 15:53 |
| seen instances when this marked a turn, of sorts | 15:54 |
<NihabaAshi> | Covered Remainder ER2 Short @ 776.70 --> + 4.2 | 15:56 |
<ItalianSharp> | guess the profit taking for the bears lasted for an hour or so...greedy bastids... | 15:57 |
<NihabaAshi> | Their dumping now...this is what I was looking for to occur in the last hour of trading and the reason why I quickly cut loose that Long position. | 15:58 |
<ItalianSharp> | bad week for markets...blood all over | 15:59 |
| bernanke is due to speak in 1 hour...perhaps it's an anticipation of some bad news he's going to come out with |
<NihabaAshi> | More blood in the street. | 16:13 |
<ItalianSharp> | indices are gonna close at the lows...very bearish | 16:14 |
| they have 20secs to rally |
<werner> | gn all | 16:19 |
<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) | 16:27 |
<NihabaAshi> | I just finished my market wrap trading notes. | 17:20 |
| It was a week we shouldn't forget and hopefully it continues with the volatility. | 17:21 |
| Take care all and have a nice weekend. |
* NihabaAshi | is now known as NihabaAshi_away |
* DisconnectedSession | Close: Fri Mar 02 17:32:53 2007 | 17:32 |
| |
Google:
|
#FuturesTrades past logs can be searched
via using Google. For example, pretend you want to research what has been
said about volatility analysis. Go to the Google search window below and type
in "volatility analysis" site:thestrategylab.com (exactly as I typed
it including the quotation marks) and you will find everything associated
with those key words that were used by any member of #FuturesTrades.
|
| |