#FuturesTrades trade log for traders - CBOT, CME, EUREX, EURONEXT, NYMEX, COMEX and FOREX

March Trade Log

Trade Strategies

Discussion Forum

Music While Trading

Testimonials

Disclaimer

#FuturesTrades March 7th Wednesday 2007 Trade Log

#FuturesTrades is a private and free realtime trading posting chat room on the IRC Othernet server that allows traders from all over the world to communicate.

Click here for the instructions on gaining access to #FuturesTrades.

In addition, trades posted by members of #FuturesTrades in the below trade post chat log are by traders that do not have access to TheStrategyLab.com strategies except for NihabaAshi.

Fee-based clients of TheStrategyLab.com strategies use the private IRC rooms called #TheStrategyLab and #SwingTradingTSL.

Further, you'll find below the chat room time stamped text log of realtime trades (real money and simulator) that were posted by full-time, part-time traders from around the world and the timestamp is eastern standard time (est).

Also, below NihabaAshi's trading blog like comments, you can read the time stamped trades (prices, entries, exits et cetera) and market discussions that sometimes contains trading tips or insights that are more useful than what you will see at any other futures blog or chat room.

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

+15.20 +0.0000

$1,520.00 $0.00

Trading Perspective

Profit/Loss Statement

Volatility had contracted a little more today and my declining profits over the past several trading days along with my increasing problematic trading is a reflection of volatility.

Simply, nothing for me to worry about unless volatility was rising while my profits were declining.

However, I did have some problems today via not recognizing a particular pattern from my trade methodology earlier in the trading session.

In fact, as soon as I recognized the pattern, I went from consecutive losers to consecutive winners along with one big winner with some size.

Yet, I called it quits late in the trading session after having consecutive poor entry trades that caused to much stressful trading.

Key news of the day: U.S. Stocks Close Lower after Tuesday's Rally

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: Wed Mar 07 09:23:38 2007Session 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

<jperl> ER2 VWAP data: 09:24

<wizardofrijnsaterwou> gm everybody

<jperl> yesterday: 774.94 09:25

<werner> gm wiz ,all

<jperl> 1 week: 781.35

1 month: 804.31

1 year: 749.66

open will be between yesterdays and 1 week VWAP 09:26

<venedom> gm

<jperl> could oscillate between these two today

<RussellDaytrade> Long ER2 @ 783.4 -> Add «« paper »» 09:31

<pat255> gm all

<NihabaAshi> I have a NEUTRAL BIAS...hopefully it will change soon.

That sucks...missed a great Long entry. 09:33

Long ER2 @ 778.30 -> medium size 09:35

Exited ER2 Long @ 777.10 --> - 1.2 09:37

Reverse and Enter Short ER2 @ 777.10

<RussellDaytrade> Exited 1/3 ER2 Long @ 785.5 --> + 2.1 «« paper »»

cpu problems this am, have to reboot, woill sell above 786 on a scale if offline 09:40

<NihabaAshi> Covered ER2 Short @ 777.90 --> - 0.8

Reverse and Enter Long ER2 @ 777.90

Exited all ER2 Long @ 778.10 --> + 0.2 09:41

Long ER2 @ 778.80 -> large size 09:42

<RussellDaytrade> Exited 1/3 ER2 Long @ 786 --> + 0.9 «« paper »» 09:46

Exited all ER2 Long @ 786.5 --> + 1.4 «« paper »» 09:47

<jperl> ER2 approaching 1 week VWAP 781.36 09:49

<NihabaAshi> Exited all ER2 Long @ 779.40 --> + 0.6 09:52

Long ER2 @ 780.10 -> large size 09:53

Exited ER2 Long @ 779.40 --> - 0.7 09:55

Reverse and Enter Short ER2 @ 779.40

<RussellDaytrade> Long ER2 @ 785.5 «« paper »»

<pat255> geez niha u are quick.... 09:56

<RussellDaytrade> Long ER2 @ 784 -> Add «« paper »»

<NihabaAshi> Covered 2/3 ER2 Short @ 777.30 --> + 2.1

Covered Remainder ER2 Short @ 777.60 --> + 1.8 09:58

Not quick enough 09:59

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> rebooting, have sell orders 785.5 10:00

<NihabaAshi> Shorts ER2 @ 7770.00 -> large size 10:01

Ooops 10:03

Shorts ER2 @ 777.00 -> large size

Shorts ER2 @ 777.50 -> Add 10:04

Covered 1/4 ER2 Short @ 777.00 --> + 0.5 10:05

:( 10:07

<pat255> hi em ...any bias ?

tailes all over.. 10:08

<eminitrader> lonfg today

<pat255> k ..:)

<NihabaAshi> Covered ER2 Short @ 778.00 --> - 1 10:09

Reverse and Enter Long ER2 @ 778.00

<RussellDaytrade> Exited all ER2 Long @ 785 --> + 0.5 «« paper »»

<Chilly> oil report at 10:30, Beige book at 2:00 .. sorry if it was already mentioned

<RussellDaytrade> trading errors, thats two sofar today, meant to adjust my selling proces on each individually, and mistakenly sold both... 10:10

<NihabaAshi> I'm still NEUTRAL...haven't decided which way merits holding my position longer than normal.

<RussellDaytrade> i have achieved pft targets x 2, and i am now in PPM. :)

have buys under mkt 10:13

<NihabaAshi> Exited ER2 Long @ 777.30 --> - 0.7 10:14

Reverse and Enter Short ER2 @ 777.30

<venedom> Shorts ER2 @ 777.70 -> medium size 10:15

Shorts ER2 @ 777. -> Add 10:16

Shorts ER2 @ 777.40 correction -> Add

<NihabaAshi> Covered ER2 Short @ 777.60 --> - 0.3

Reverse and Enter Long ER2 @ 777.60

<jperl> ER2 VWAP 778.21 10:17

<NihabaAshi> We got volatility equalized from one interval to the next...

Switching to quick profit mode after I close this position.

<venedom> Covered all ER2 Short @ 776.80 --> + 0.9 + 777.40 correction - 776.80 10:18

<ItalianSharp> markets have no direction whatsoever 10:19

oil report comin up in 10min

<NihabaAshi> Long ER2 @ 777.20 -> Add

<ItalianSharp> i heard it's an important number to keep an eye on 10:20

<NihabaAshi> Yep...financial networks been hyping the EIA today for some odd reason.

Guess everybody important will be paying attention to it.

Exited all ER2 Long @ 778.30 --> + 1.8 10:21

If I can catch a decent profit on the next trade, I may get profitable for the day. 10:22

Long ER2 @ 778.10 -> small size 10:24

<ItalianSharp> niha, albeit the bad start you are still one winner away from being profitable...as long as your patient, i have no doubt you'll be in the green by day-end

<NihabaAshi> Exited all ER2 Long @ 778.40 --> + 0.3

Long ER2 @ 777.90 -> small size 10:26

Exited all ER2 Long @ 778.60 --> + 0.7 10:27

<Chilly> Long ES @ 1397.00 «« paper »» 10:28

<NihabaAshi> Long ER2 @ 779.00 -> small size

Alert: EIA Petroleum Status Report a 1-2 minutes away 10:29

<venedom> Shorts ER2 @ 778.70 tight stop -> small size

<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

<venedom> exit stop moved to breakeven ER2 @ 778.70

<NihabaAshi> Long ER2 @ 778.30 -> Add

<venedom> Covered all ER2 Short @ 778.70 --> + 778.70 tight stop - 778.70 10:31

<Chilly> Exited all ES Long @ 1397.00 --> 0 «« paper »»

<venedom> exited too soon

<NihabaAshi> Geeeesh...where's the volatility>>> 10:32

Exited 1/2 ER2 Long @ 778.60 --> + 0.3 10:33

<venedom> Long ER2 @ 778.60 -> medium size

<NihabaAshi> Exited Remainder ER2 Long @ 779.40 --> + 0.4 10:34

<venedom> Exited all ER2 Long @ 779.60 --> + 1

too fast can type and trade

<NihabaAshi> Agree. 10:36

<venedom> Long ER2 @ 778.50 10:37

<NihabaAshi> EuroFX EC volatility is slowly declining...

Eminis volatility is even across the board...

This thing can blow its top soon.

Long ER2 @ 779.50 -> small size 10:38

<venedom> Exited all ER2 Long @ 779.20 --> + 0.7 10:39

<NihabaAshi> Long ER2 @ 779.30 -> Add

<venedom> Long ER2 @ 779.20 -> medium size 10:40

Long ER2 @ 778.80 -> Add 10:41

<NihabaAshi> Long ER2 @ 778.80 -> Add 10:42

:( 10:43

<venedom> go go 10:44

<eminitrader> nq is holding the ES and ER 10:45

<pat255> yes ..em u are expecting to blow thru the 1400 em?

<eminitrader> long o/n since 1992 expecting 1402-1402 .. 10:46

long 13492

<pat255> ah ha k..

<eminitrader> 1392 ..there we go

<pat255> k missed it .. 10:47

<NihabaAshi> This price action is doing a good job in testing my "patience".

:(

<venedom> Exited 1/2 ER2 Long @ 779.20 --> + 0.4

<eminitrader> thats a 50% fib from yest...move pat

<venedom> Exited Remainder ER2 Long @ 778.70 --> - 0.5

<NihabaAshi> I have a small support arera around 778.40 10:48

<pat255> thks em..

<eminitrader> looks like nq will drag rthe others

<Brutus> EMT I was wondering why you didnt take the 10:06 ES long, now ic :)

<pat255> was a bit late ..this am>.:(

<eminitrader> k B actually took an exit partially 1397 10:49

<jperl> ER2 VWAP 778.30

<NihabaAshi> Exited ER2 Long @ 778.30 --> - 1.2

Reverse and Enter Short ER2 @ 778.30

reversed into a large size position 10:50

Shorts ER2 @ 778.60 -> Add 10:53

Looks like I should have traded the NYMEX CL today. 10:57

It's done nicely since 0930am est along with OIH and XLE.

<pat255> yes oih did well.. 10:58

<venedom> range now in er

2.5 point in the last 2 hours

<NihabaAshi> Covered 1/2 ER2 Short @ 777.70 --> + 0.9 10:59

If if can get a -1 or more on my remainders...

I will be in the green for the day. 11:00

<pat255> going there ..:)

<NihabaAshi> Covered ER2 Short @ 776.80 --> + 1.5

Still holding some.\

<eminitrader> nice trade and good patience niha ..specially on a day like this 11:01

<RussellDaytrade> Long ER2 @ 783.4 «« paper »»

<NihabaAshi> Covered Remainder ER2 Short @ 776.70 --> + 1.6

<RussellDaytrade> startin early, heck with it

<NihabaAshi> emini...just in time for my patience to show up because I have not been patient all day. 11:02

<eminitrader> :))

<NihabaAshi> Got a few hundred dollars in my pocket with commissions...

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.

<RussellDaytrade> just missed a fill at my original price, orders till in

<NihabaAshi> Will take a little break, do a quick review...

* NihabaAshi is now known as NihabaAshi_away

<venedom> c u 11:03

<eminitrader> thats all thaqt matters and makes it worth it @ the end of the day

<RussellDaytrade> Long ER2 @ 782.5 -> Add «« paper »»

<venedom> Long ER2 @ 775.80 -> small size 11:05

Exited all ER2 Long @ 776.30 --> + 0.5 11:07

<jperl> Had enough of this for the morning.... 11:08

here are the trades....

http://charts.dacharts.com/2007-03-07/JP ERL_0113.png

came out with my shirt ripped but my pants still on

When I saw we were opening between two VWAPS only 6 points apart.... 11:09

I should have gone back to bed

Here's what the 2 minute chart looks like with those VWAP lines on it.... 11:11

http://charts.dacharts.com/2007-03-07/JP ERL_0114.png

<pat255> em your entry was this am or yesterday? 11:13

just wondering i was late this am...dang

what a drop... 11:14

<Chilly> Long ES @ 1393.75 «« paper »» 11:17

<RussellDaytrade> Exited 1/2 ER2 Long @ 783 --> + 0.5 «« paper »»

Exited all ER2 Long @ 783.7 --> + 0.3 «« paper »» 11:18

<jperl> ER2 took the bounce off of yesterdays VWAP 774.94 11:19

<eminitrader> this am pat 11:20

<pat255> k thks em.. 11:23

<eminitrader> @ around 8 15 i think 11:24

<pat255> ah ha pre mkt ..

* NihabaAshi_away is now known as NihabaAshi 11:27

<NihabaAshi> Shorts ER2 @ 776.00 -> medium size 11:28

<Chilly> Exited 1/2 ES Long @ 1393.75 --> 0 «« paper »» 11:29

<RussellDaytrade> Long ER2 @ 782.5 «« paper »»

<NihabaAshi> Covered 1/2 ER2 Short @ 774.20 --> + 1.8 11:33

Got my profit goal for the day thanks to the price action of NYMEX Light Crude Oil CL and AMEX OIH. 11:34

<pat255> vn niha .. 11:36

<NihabaAshi> Covered ER2 Short @ 773.90 --> + 2.1 11:37

Holding 1 contract...converting it into a "hold until the close" with a tight stop.

exit stop lowered ER2 @ 775.50 11:38

I'm officially in profit protection mode especially after the very difficult start in my trading today.

Thus, 1-2 contracts only for the remainder of the trading day. 11:39

Geeesh...trailing stop didn't last long :( 11:41

Trailing Stop Hit ER2 @ 775.50 --> + 0.5

<RussellDaytrade> Exited all ER2 Long @ 782.1 --> - 0.4 «« paper »»

missed my add by 3 ticks 11:42

<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)

<venedom> c u later gl 11:44

<RussellDaytrade> Long ER2 @ 781.5 «« paper »» 11:45

<eminitrader> which contract u trading RD h ?

<RussellDaytrade> switched to june yesterday. i guess i like to start early. 11:46

<eminitrader> k..makes sense now :)

<RussellDaytrade> the volume will begin to increase in it tomorrow, it already is picking up, and the spread is now fairly close. 11:47

<eminitrader> k 11:48

was wondering...given the volatility of the er

<NihabaAshi> Long ER2 @ 774.80 -> small size 11:50

Exited ER2 Long @ 775.30 --> + 0.5 11:51

<RussellDaytrade> Exited ER2 Long @ 783 --> + 1.5 «« paper »» 11:57

<eminitrader> Shorts ES @ 1394.50

<Chilly> Exited 1/4 ES Long @ 1394.75 --> + 1 «« paper »» 11:59

exit stop set ES @ 1394.00 «« paper »» 12:01

Trailing Stop Hit ES @ 1394.00 --> + 0.25 «« paper »» 12:02

* codehead_afk is now known as codehead 12:06

<eminitrader> Covered all ES Short @ 1395.50 --> - 1 12:11

sorry late entry ...was chatting with one of our own

<pat255> c u all later ty all.. 12:14

back to office

<eminitrader> late pat

<pat255> later em niha & others

<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> asuni, have you determined the reason you are constantly having connection issues? 13:08

<eminitrader> :)

<RussellDaytrade> head-on, apply directly tothe forehead, head-on, apply directly tot he forehead.... 13:10

<eminitrader> lol

<RussellDaytrade> EM, you recharging the batteries?

<eminitrader> will be charged by 200 pm 13:11

<RussellDaytrade> tempted to begin shorting, but thinlk its still early

<eminitrader> trend is up

<RussellDaytrade> yeah, thats wahts preventing me, think we have at least another day of up with possible gap open...up. 13:12

i casn only fight the trends so much in any given month...had my fill for a while, but reserve the right to go for it at any moment. 13:13

<eminitrader> friday will be the sell off ...and most prolly ES will be 1404-1415 by then

<NihabaAshi> Shorts ER2 @ 778.80 -> small size 13:15

ER2 volatility has declined...I'm expecting a volatility spike here soon. 13:18

It's declining more... 13:20

Covered ER2 Short @ 779.40 --> - 0.6 13:21

Reverse and Enter Long ER2 @ 779.40

2 contracts now

Exited 1/2 ER2 Long @ 780.30 --> + 0.9 13:24

ER2 volatility declining again...I'm expecting a volatilty spike here soon. 13:31

Hopefully in the direction of my remainder.

:( 13:32

Exited Remainder ER2 Long @ 779.90 --> + 0.5

I thought for sure it would see 781 before it saw 779.90 again. 13:33

<eminitrader> prooly waiting for the beige book

<NihabaAshi> Yep

After the FED Beige Book is released (2pm est)...I'll call it a day by 2:15pm est. 13:34

<ItalianSharp> I am gonna tail you on that niha...my favorite soccer team AC Milan is playing the second leg of the eight finals of the UEFA Champions League at 2.45pm est... 13:37

<NihabaAshi> :) 13:40

Tough to find Long entries because it doesn't pull back much and the volatility hasn't declined enough for entries. 13:48

Simply, I have a BULLISH BIAS right now.

<werner> ok thnx 13:49

<NihabaAshi> Shorts ER2 @ 780.10 -> small size 14:01

Should have been short at my pattern signal @ 780.60 14:02

Must exit at the profit target as if I did enter at 780.60 14:03

<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)

<NihabaAshi> Covered ER2 Short @ 779.00 --> + 1.1 14:04

Shorts ER2 @ 778.60 -> small size

<szubaark> Niha when u say Volatility hasnt declined enough for entries you mean the candles are about same width? 14:06

<NihabaAshi> Shorts ER2 @ 779.30 -> Add

Declining volatility means the "Bodies" are getting smaller. 14:07

Covered all ER2 Short @ 779.80 --> - 1.7 14:08

Simply, contraction in the range between the Open and Close of a interval that occurs a minimum of three consecutive intervals. 14:09

Shorts ER2 @ 779.30 -> small size 14:10

2 contracts

Covered all ER2 Short @ 778.90 --> + 0.4 14:13

Shorts ER2 @ 779.70 -> small size 14:24

:(

Covered all ER2 Short @ 779.60 --> + 0.1 14:28

Four consecutive trades with a poor entry anywhere between 0.10 to 1.00 being late to the trade. 14:30

Thus, I'm done for the day.

<Chilly> Long ES @ 1400.25 «« paper »» 14:48

Exited 1/2 ES Long @ 1400.25 --> 0 «« paper »» 14:53

<RussellDaytrade> hey just had a nyse floor shot, the quietest i have EVER seen it. there was one guy shuffling acroos the floor , alomost despondently, certainly in no hurry to go anywhere. amzing, one guy. interesting it comes at the smae day as cnbc is featured at he opening and rtinging the bell

<Chilly> Exited ES Long @ 1399.50 --> - 0.75 «« paper »» 14:55

Reverse and Enter Short ES @ 1399.50 «« paper »»

<eminitrader> Long ES @ 1399.25 14:56

<Chilly> Covered all ES Short @ 1398.75 --> + 0.75 «« paper »» 15:00

Long ES @ 1400.50 «« paper »» 15:01

<eminitrader> Exited 1/2 ES Long @ 1400.75 --> + 1.5

<Chilly> ES struggling with 1401 15:02

<eminitrader> yep waiting f0r 1404 15:03

<Chilly> nice entry and exit on your 1/2 EM 15:04

<eminitrader> thc chilly

<Chilly> Exited 1/3 ES Long @ 1401.50 --> + 1 «« paper »» 15:05

Exited 1/3 ES Long @ 1400.75 --> + 0.25 «« paper »» 15:07

Exited 1/3 ES Long @ 1400.50 --> 0 «« paper »» 15:09

<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

<Chilly> Long ES @ 1400.75 «« paper »» 15:18

<eminitrader> Exited 1/3 ES Long @ 1400.25 --> + 1 15:19

Sponsor:
Skype

<Chilly> Exited ES Long @ 1399.75 --> - 1 «« paper »» 15:20

Reverse and Enter Short ES @ 1399.75 «« paper »»

<eminitrader> Exited Remainder ES Long @ 1399.50 --> + 0.25

<Chilly> Covered 1/2 ES Short @ 1398.75 --> + 1 «« paper »» 15:21

Covered 1/2 ES Short @ 1397.75 --> + 2 «« paper »» 15:22

<eminitrader> Long ES @ 1397.75

<Chilly> thanks for filling my order EM :) 15:23

<eminitrader> cld'nt miss this chilly...nice support here

<jperl> done for the day..... 15:24

<Chilly> yes indeed

<jperl> trades here...

http://charts.dacharts.com/2007-03-07/JP ERL_0115.png 15:25

ended up being profitable

<RussellDaytrade> thats usually the case 15:26

<eminitrader> nice comeback jper :))

<RussellDaytrade> wtg.

<jperl> yes...after the morning debacle, I wasn't all that confident for the afternoon trading 15:27

Market stayed almost within the VWAP numbers I gave out this morning

here's the 2 minute chart for the day..... 15:28

http://charts.dacharts.com/2007-03-07/JP ERL_0116.png 15:29

yesterdays VWAP is the lower bound, 1 week VWAP the upper bound

<RussellDaytrade> http://s138.photobucket.com/albums/q277/ RussellDaytrade2/?action=view&current=er trades23-7-07.jpg 15:36

http://s138.photobucket.com/albums/q277/ RussellDaytrade2/?action=view&current=er trades3-7-07.jpg

there's my trades today. didn't do anyhting after the am session, haven't done any shorting lately. 15:37

<Chilly> gn folks 15:42

<eminitrader> Exited all ES Long @ 1395 --> - 2.75 15:46

<RussellDaytrade> Long ER2 @ 782.5 «« paper »» 15:56

more'den likely be an o/n hold. 15:57

unless bounces a buck or so. my standing open orders from earlier this am just about got filled! 15:58

<NihabaAshi> Take care all and see all tomorrow. 16:20

* DisconnectedSession Close: Wed Mar 07 16:20:48 2007

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.


We are proud to say that our chat room members are from the following geographical areas in the world:

Argentina, Australia, Belgium, Brazil, Canada, Denmark, France, Germany, Greece, Hong Kong (China), Israel, Italy, Japan, Mexico, Portugal, Puerto Rico (U.S.), Saudi Arabia, Singapore, Spain, United States and Venezuela.

In addition, below are the trading instruments our chat room members monitor closely to make trade decisions:

CME Emini Futures ES, NQ and ER2

CBOT mini-sized Dow Futures YM

Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

Eurex Fixed Income Derivatives BUND, BOBL and Schatz

Euronext Futures FTSE-100 and CAC-40

CME Futures EuroFX EC

Treasury Futures T-Notes ZN, ZF and T-Bonds ZB

Forex Currencies EurUsd, EurYen and UsdCdn

Exchange Traded Funds DIA, IWM, QQQQ, SPY, OIH, XLE and GLD

NYMEX Energies Light Crude Oil CL, e-miNY QM and Natural Gas NG

COMEX Metals Gold GC

Hang Seng Index Futures HSI

Last of all, if you have any questions about either #EminiFutures general market chat room, #FuturesTrades realtime trade posting room or the two realtime strategy discussion rooms used by traders with access to our fee-based strategies called #TheStrategyLab and #SwingTradingTSL...

Don't hesitate to ask your questions and we'll reply back as soon as possible.