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#FuturesTrades March 17th Monday 2008 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+36.30	+246.50	+1015.00
$3,630	$24,650	$101,500

Profitable Trade

0933am - 0937am est

Losing Trade

1448pm - 1452pm 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 Mar 17 09:22:46 2008Session Ident: #futurestrades

* Now talking in #futurestrades 09:22

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

<NihabaAshi> Good morning all 09:23

<rickf> gm

<NihabaAshi> Looks like we have a global sell-off, investment bank saving another, more FED cuts et cetera

Wow

It's starting to look like a drive-by shooting. 09:24

<PapaJon> yah.. gettin ugly

gm all

<eminitrader> Covered 1/3 ES Short @ 1260 --> + 4

<NihabaAshi> Anybody notice how these surprise rate cut announcements don't occur between 0930am - 4pm est :)

Prior to a few years ago that routingly made surprise rate cut announcements between 0930am - 4pm est. 09:25

Too many people were killed when they use to do that.

<rickf> short es 1260.25 09:26

<NihabaAshi> Now they make these announcments before the normal market hours and it kills the foreign markets :)

<werner> gm niha 09:27

<eminitrader> k..didn't know that niha..

so its to protect the US traders ?

<NihabaAshi> Yeah but its only a guess on my part

<eminitrader> k 09:28

<PapaJon> More like... protect the traders who trade us markets

<NihabaAshi> Yet, I prefer they make their announcments BEFORE regular U.S. market hours instead of during trading.

Yep

<eminitrader> aah got it pj...thx

<PapaJon> agree niha

<rickf> BTW - isn't Friday is triple-witch? if so I think the markets closed for good friday, so thurs may be quite interesting 09:29

<eminitrader> looks like this whole wk wld be intresting..

<PapaJon> yes rickf.. actually its quad-witch

<rickf> emini - aint that the truth :(

<eminitrader> :) 09:30

thats good though for us

<rickf> :)

<eminitrader> Covered Remainder ES Short @ 1364 --> - 100 09:31

oops

Covered Remainder ES Short @ 1264 --> 0

<rickf> exited es 1262 -2

weird pop up 09:32

<eminitrader> Shorts ES @ 1264.25

<ripsboy> gm all... 09:33

<NihabaAshi> Long ER2 @ 645.40 -> large size

<rickf> geez - no news and we're heading up 09:34

<szubaark> Buys ES @ 1265.50 «« paper »»

<eminitrader> Covered all ES Short @ 1266.25 --> - 2 09:35

<NihabaAshi> Exited 2/3 ER2 Long @ 647.70 --> + 2.3

<szubaark> Exited all Long ES at 1268.50 --> + 3 «« paper »»

<NihabaAshi> Exited ER2 Long @ 649.50 --> + 4.1

Holding 1 contract remainder

<Spartan> chickened on my long entry, kudos to those that didn't 09:36

<eminitrader> Shorts ES @ 1268.50

<szubaark> Shorts ES @ 1268.50 «« paper »»

<NihabaAshi> Glad I loaded the boat on that one :) 09:37

<eminitrader> Covered ES Short @ 1269.50 --> - 1

Reverse and Enter Long ES @ 1269.50

<NihabaAshi> Exited Remainder ER2 Long @ 650.40 --> + 5

<rickf> wtg niha

shorted es 1268.50 09:38

<eminitrader> Exited all ES Long @ 1267.50 --> - 2

<szubaark> Covered all Short ES at 1264.75 --> + 3.75 «« paper »» 09:39

<rickf> exit 1/2 es 1265 +3.5

exit remainder es 1267 +1.5 09:40

<eminitrader> Shorts ES @ 1269 09:41

<NihabaAshi> Gold was safe haven over the weekend.

It took a big drop when the markets open today...starting to stabilize now and retrace a little back up. 09:42

<rickf> short es 1268

<eminitrader> Covered 1/2 ES Short @ 1266 --> + 3

<Spartan> Shorts ES @ 1265.75 «« paper »» 09:44

<pat255> vn guys ..

late starting today ...

<szubaark> Shorts ES @ 1266 «« paper »» 09:45

<NihabaAshi> Shorts ER2 @ 646.90 -> small size

1 only

<szubaark> exit stop moved to breakeven ES @ 1266 «« paper »» 09:46

<rickf> exit 1/2 es 1264 +4

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)

<eminitrader> Covered 1/3 ES Short @ 1264 --> + 5

<pat255> vn em ..

<NihabaAshi> Covered ER2 Short @ 646.80 --> + 0.1 09:47

<eminitrader> thx pat

<szubaark> Covered all Short ES at 1266 --> 0 «« paper »»

<NihabaAshi> :(

<rickf> short es 1267 09:48

<eminitrader> Covered Remainder ES Short @ 1267 --> + 2

<Spartan> Covered Remainder ES Short @ 1267.75 --> - 2 «« paper »»

<szubaark> Buys ES @ 1268.25 «« paper »»

<Spartan> Should have been out flat, terrible discipline on my part:( 09:49

<eminitrader> Shorts ES @ 1268

<rickf> bush on in a few

<eminitrader> Shorts ES @ 1271 -> Add 09:51

<rickf> short es 1271 add

av pos 1270

got a bad feeling on this one tho

<szubaark> exit stop moved to breakeven ES @ 1268.25 «« paper »»

<eminitrader> Covered all ES Short @ 1269 --> + 1 09:53

<rickf> exit 1/2 es 1269 +1

<eminitrader> Long ES @ 1269

<NihabaAshi> Shorts ER2 @ 651.80 -> small size

2 only

<szubaark> Exited all Long ES at 1268.25 --> 0 «« paper »» 09:54

fast up and down action, no clear direction

<NihabaAshi> There's clues but they appear and disappear fast :( 09:55

<eminitrader> Exited all ES Long @ 1269.50 --> + 0.5

Shorts ES @ 1270 09:56

<szubaark> Shorts ES @ 1268.25 «« paper »» 09:57

<eminitrader> Covered 1/2 ES Short @ 1268 --> + 2

<NihabaAshi> Covered 1/2 ER2 Short @ 648.90 --> + 2.9 09:58

<eminitrader> Covered Remainder ES Short @ 1270 --> 0

Long ES @ 1269 09:59

Exited 1/2 ES Long @ 1272 --> + 3 10:00

<NihabaAshi> Covered Remainder ER2 Short @ 650.90 --> + 0.9

<eminitrader> Exited ES Long @ 1372 --> + 103 10:01

Reverse and Enter Short ES @ 1372

oops

Exited ES Long @ 1272 --> - 100 10:02

Reverse and Enter Short ES @ 1272

<NihabaAshi> Due to the weekend big breaking news and news today...

I changed my profit target for the day from 1.5k to 3k

I've reached that goal and will now go into profit protection mode.

1 contract only for the remainder of the trading day. 10:03

<szubaark> Nice Niha.

<eminitrader> Covered 1/3 ES Short @ 1270 --> + 2

Shorts ES @ 1272 -> Add 10:05

<rickf> i know i shoudlnt rationalize things, but i don't udnerstand today's pa thus far after all the news and global volatility lastnight 10:07

<Spartan> Long ES @ 1273.5 «« paper »»

<pat255> mkt rcovered quite a bit now ... 10:08

<rickf> short es 1273 add

av pos 1271.50

<eminitrader> Covered all ES Short @ 1275 --> - 6 10:09

<Spartan> Exited all ES Long @ 1274.5 --> + 1 «« paper »»

entry mistake on that one, should have had more:( 10:10

<eminitrader> Shorts ES @ 1274.50

Covered all ES Short @ 1275.50 --> - 1 10:13

Shorts ES @ 1276

<rickf> exited es 1275 -4

<eminitrader> very large size 10:14

<pat255> oh mama then we are doomed ...lol

<rickf> short es 1273 10:15

<eminitrader> Covered 1/2 ES Short @ 1273 --> + 3

<rickf> vn 10:16

<eminitrader> thx r

Covered Remainder ES Short @ 1273 --> + 3 10:19

<rickf> short es 1273 (add) 10:20

<NihabaAshi> Wow...Bearn Stearns value at 7.7 Billion although it would have gone bankrupt...

<Spartan> Shorts ES @ 1272.75 «« paper »»

<NihabaAshi> JP Morgan buys it for 240 million

That's like seeing a sign in a store... 10:21

<pat255> y...

<NihabaAshi> 90% off the sticker price :)

sorry for the incorrect math :( 10:22

sarcasm

<rickf> i did guffaw when i saw the bid/ask today vs. friday close over breakfast htis morning

close at 30, bid-ask around 4

eeep

<Spartan> Covered all ES Short @ 1274.75 --> - 2 «« paper »»

having a rough one today 10:23

<rickf> me too

<eminitrader> Shorts ES @ 1276

Covered all ES Short @ 1277 --> - 1 10:26

<szubaark> they just keep pushing it up

<pat255> wow may go green ..

<eminitrader> pa says high probability of gap fill now 10:27

<pat255> y....

<robert> Shorts ES @ 81.50 10:28

Covered Remainder ES Short @ 79.50 --> + 2

<rickf> short es 1280 add 10:29

<Spartan> Shorts ES @ 1278 «« paper »» 10:31

<X> #FuturesTrades Info -> No gurus, no head traders. Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended without their permission. More info at www.thestrategylab.com/FuturesTradesChat Room.htm 10:32

<rickf> exit 1/2 es 1276 +0 breakeven 10:33

<pat255> nice recovery rick 10:34

<rickf> ty - nailbiter for a while there

<pat255> dang was thinking L on p/b but this is going down//

<rickf> lol 10:35

as i said weird day today

<robert> made my modest profit goal for the today so will paper trade rest 10:36

<szubaark> nice Rick 10:37

<rickf> ty szu

<eminitrader> real nice r 10:38

<rickf> thx em

<eminitrader> Long ES @ 1275

<pat255> L 75.5 .. 10:39

<Spartan> Covered all ES Short @ 1278 --> 0 «« paper »»

<pat255> out 1/2 .. 10:40

puny 2 cars ..

<eminitrader> Exited 1/2 ES Long @ 1278 --> + 3

Exited 1/3 ES Long @ 1280 --> + 5 10:41

<pat255> out the rest ...

<robert> Shorts ES @ 79.25 «« paper »» 10:42

<eminitrader> Exited ES Long @ 1282.50 --> + 7.5 10:43

Reverse and Enter Short ES @ 1282.50

<robert> Shorts ES @ 82 -> Add «« paper »»

Covered 1/3 ES Short @ 80.75 --> + 1.25 «« paper »» 10:45

Covered 1/3 ES Short @ 80 --> - 0.75 «« paper »»

+1

<pat255> missed it ...:( 10:46

vn em ..

<Spartan> Shorts ES @ 1280 «« paper »»

<eminitrader> Covered 1/3 ES Short @ 1280.50 --> + 2

<robert> stop b/e 10:47

Covered Remainder ES Short @ 80 --> - 0.75 «« paper »» 10:48

b/e

<Spartan> Covered all ES Short @ 1282 --> - 2 «« paper »»

<eminitrader> Covered Remainder ES Short @ 1283.75 --> - 1.25

<robert> Shorts ES @ 85 «« paper »» 10:49

Covered all ES Short @ 82.50 --> + 2.5 «« paper »»

<Spartan> gameover for me today, good luck everyone and see you tomorrow morning

<pat255> trend is up ..gap about to be closed ..

* Spartan is now known as Spartan_Away 10:50

<robert> Shorts ES @ 82.50 «« paper »»

<rickf> exited remainder es 1281 -1 10:51

fat-fingered the keyboard :(

<robert> Covered 1/2 ES Short @ 83.50 --> - 1 «« paper »»

Covered Remainder ES Short @ 85.50 --> - 3 «« paper »»

<szubaark> Brutal upcreep with no pullbacks 10:52

worst Price Action for a daytrader

<robert> Shorts ES @ 86 «« paper »»

<rickf> back later -- workout time :)

<NihabaAshi> I hope every body is taking advantage of the interest rates cuts by lowering their own debts even though the U.S. Dollar is getting killed...making it difficult to buy foreign goods. 10:53

<robert> Covered 1/2 ES Short @ 84.50 --> + 1.5 «« paper »» 10:54

<pat255> N we are getting poorer by the day ..& u guys get richer not fair imo

<NihabaAshi> There was a test at a mall here where people were asked in front of the test announcer to pull out their credit card and call the credit card company to ask for lower interest rates...

<robert> Covered Remainder ES Short @ 83.25 --> + 2.75 «« paper »» 10:55

<NihabaAshi> Out of the +170 people that came on stage to do that...

85% got lower interest rate on their credit cards.

Averaging overall via as much as a 10.8% reduction. 10:56

<pat255> wow ...here Booosh helps the CC co...to incease their rates ..

<robert> Shorts ES @ 84 «« paper »» 10:57

Covered 1/2 ES Short @ 82.50 --> + 1.5 «« paper »»

Covered Remainder ES Short @ 81.25 --> + 2.75 «« paper »» 10:58

Long ES @ 78 «« paper »» 11:06

<NihabaAshi> Long ER2 @ 654.10 -> small size

1 only

<robert> Exited 1/2 ES Long @ 79.50 --> + 1.5 «« paper »»

Exited Remainder ES Long @ 79.75 --> + 1.75 «« paper »» 11:07

<NihabaAshi> Exited ER2 Long @ 655.60 --> + 1.5 11:08

<robert> Shorts ES @ 82 «« paper »» 11:09

Covered 1/2 ES Short @ 81 --> + 1 «« paper »»

Covered Remainder ES Short @ 80 --> + 2 «« paper »» 11:10

Shorts ES @ 78 «« paper »» 11:14

Covered 1/2 ES Short @ 77 --> + 1 «« paper »»

Covered all ES Short @ 76.50 --> + 1.5 «« paper »»

Long ES @ 74 «« paper »» 11:16

Exited all ES Long @ 73 --> - 1 «« paper »» 11:18

Long ES @ 73 «« paper »»

Exited 1/4 ES Long @ 74.75 --> + 1.75 «« paper »» 11:19

Exited 1/4 ES Long @ 74.50 --> + 1.5 «« paper »»

Exited 1/4 ES Long @ 74.75 --> + 1.75 «« paper »» 11:20

Exited Remainder ES Long @ 76.50 --> + 3.5 «« paper »» 11:22

<rickf> short es 1265 12:04

<TrDs> Long YM @ 11840 12:16

<pdays> Long ER2 @ 648.8 12:18

<TrDs> Exited YM Long @ 118.6 --> - 11721.4 12:20

Reverse and Enter Short YM @ 118.6

Shorts YM @ 11836

Covered 1/2 YM Short @ 11811 --> + 25 12:24

<pdays> Exited all ER2 Long @ 649.6 --> + 0.8

<rickf> exit 1/2 es 1262 +3

<szubaark> nice Rick 12:25

<rickf> ty

<werner> nice :) 12:26

<TrDs> Covered 1/4 YM Short @ 11801 --> + 35

buy limit to cover YM short @ 11836 12:27

<szubaark> Covered all Short ES at 1261 --> + 7.25 «« paper »» 12:28

Bad Trade Managment AFTER Entry. Will label this as "Lucky Trade" 12:29

Gap close runup caught me off guard

<TrDs> Covered YM Short @ 11796 --> + 40 12:32

Reverse and Enter Long YM @ 11796

* codehead_afk is now known as codehead 12:33

<TrDs> Exited 1/2 YM Long @ 11816 --> + 20 12:34

<X> #FuturesTrades Info -> No gurus, no head traders. Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended without their permission. More info at www.thestrategylab.com/FuturesTradesChat Room.htm 12:38

<rickf> exit remainder es 1265 breakeven

<TrDs> Exited 1/4 YM Long @ 11841 --> + 45

Exited 1/4 YM Long @ 11836 --> + 40 12:39

sell limit to exit YM long @ 11796

<rickf> GS Says Abby Cohen to Stop Making S&P 500 Forecasts (Bloomberg) 12:41

<szubaark> lol 12:42

<rickf> short es 1265 12:43

<TrDs> Exited 1/4 YM Long @ 11846 --> + 50 12:46

1/8 th 12:47

1 con

<futurible> TrDs,which is your trading system? 12:50

<TrDs> Exited 1/4 YM Long @ 11866 --> + 70

1/8 th

1 con

2 left

<rickf> very nice trds 12:56

<TrDs> Exited 1/4 YM Long @ 11881 --> + 85

1/8 th

1 left 12:57

thanks rickf

<szubaark> Shorts ES @ 1269 «« paper »» 12:58

<TrDs> Exited YM Long @ 11874 --> + 78 13:01

Reverse and Enter Short YM @ 11874

<szubaark> Covered all Short ES at 1267.75 --> + 1.25 «« paper »» 13:05

<futurible> vn TrDs

<rickf> not many ym traders here, vn

<TrDs> Covered 1/4 YM Short @ 18844 --> - 6970 13:06

Covered 1/2 YM Short @ 11844 --> + 30

Covered 1/4 YM Short @ 11829 --> + 45 13:08

thanks futurible and rickf 13:09

Covered 1/4 YM Short @ 11824 --> + 50 13:13

1/8 th

5 left

<rickf> short es 1263.25

<TrDs> buy limit to cover YM short @ 11874 13:14

Covered YM Short @ 11824 --> + 50 13:17

Reverse and Enter Long YM @ 11824

<szubaark> could get choppy here as we are near low of day and its Lunch time

<TrDs> Exited YM Long @ 11824 --> 0 13:19

Reverse and Enter Short YM @ 11824

Covered 1/2 YM Short @ 11789 --> + 35 13:21

<rickf> exit 1/2 es 1259 +4.25 13:22

<TrDs> Covered 1/4 YM Short @ 11779 --> + 45 13:23

<robert> Long ES @ 28.50 «« paper »»

<TrDs> Covered 1/4 YM Short @ 11784 --> + 40

<robert> Exited 1/4 ES Long @ 29.50 --> + 1 «« paper »»

<TrDs> buy limit to cover YM short @ 11924 13:24

<robert> Exited 1/4 ES Long @ 60.50 --> + 32 «« paper »»

<TrDs> Covered YM Short @ 11791 --> + 33

Reverse and Enter Long YM @ 11791

<robert> Exited Remainder ES Long @ 61.75 --> + 33.25 «« paper »»

+3

<TrDs> Exited 1/2 YM Long @ 11911 --> + 120

Exited 1/2 YM Long @ 11811 --> + 20 13:25

Exited 1/4 YM Long @ 11816 --> + 25 13:27

<rickf> first time in months i've had cnbc on while trading.. 13:31

that darn indian etf commercial is getting annoying :(

funny when i stopped having it on my trading improved significantly 13:32

<TrDs> Exited YM Long @ 11806 --> + 15 13:36

Reverse and Enter Short YM @ 11806

<rickf> exit remainder es 1260 +3.25 13:39

<codehead> oil major dumpage

103.25 hit

was over 110 when i went to bed

<TrDs> Covered YM Short @ 11799 --> + 7

Reverse and Enter Long YM @ 11799

Exited YM Long @ 11804 --> + 5 13:40

Reverse and Enter Short YM @ 11804

Covered YM Short @ 11804 --> 0 13:42

Reverse and Enter Long YM @ 11804

Exited 1/2 YM Long @ 11824 --> + 20 13:44

Exited 1/2 YM Long @ 11854 --> + 50 13:45

1/4 th 13:46

6 left

Exited 1/4 YM Long @ 11849 --> + 45 13:47

1/8 th

Exited 1/4 YM Long @ 11844 --> + 40 13:49

4 left

Exited 1/4 YM Long @ 11854 --> + 50 13:50

3 left

sell limit to exit YM long @ 11804 13:53

Exited 1/4 YM Long @ 11869 --> + 65 13:54

1/8 th

<rickf> long es 1268 small size 13:59

<TrDs> Exited 1/4 YM Long @ 11894 --> + 90

1/8 th

1 left

<Andy> Shorts ER2 @ 651.4 «« paper »» 14:00

<rickf> exit es 1271 +3 14:04

<Andy> Covered all ER2 Short @ 652 --> - 0.6 «« paper »»

<robert> Shorts ES @ 74 «« paper »» 14:05

Covered 1/3 ES Short @ 73 --> + 1 «« paper »»

Covered 1/3 ES Short @ 72.50 --> + 1.5 «« paper »» 14:06

Covered Remainder ES Short @ 74.50 --> - 0.5 «« paper »» 14:07

Shorts ES @ 76 «« paper »» 14:10

<Andy> Shorts ER2 @ 655.3 «« paper »»

<robert> Covered 1/3 ES Short @ 75.50 --> + 0.5 «« paper »»

<rickf> short es 75.25

<TrDs> Exited Remainder YM Long @ 11954 --> + 150

<robert> Covered 1/3 ES Short @ 74.75 --> + 1.25 «« paper »» 14:11

<TrDs> Exited YM Long @ 11954 --> + 150

Reverse and Enter Short YM @ 11954

<robert> Covered Remainder ES Short @ 74 --> + 2 «« paper »»

<Andy> Covered 1/3 ER2 Short @ 653.9 --> + 1.4 «« paper »»

<TrDs> Covered 1/2 YM Short @ 11934 --> + 20

<rickf> exit 1/2 es 1273 +2.25 14:14

<Andy> Covered 1/3 ER2 Short @ 652.4 --> + 2.9 «« paper »»

Covered ER2 Short @ 652.1 --> + 3.2 «« paper »» 14:15

<TrDs> Covered 1/4 YM Short @ 11914 --> + 40

Covered 1/4 YM Short @ 11909 --> + 45 14:18

1/8 th

5 left

Covered 1/4 YM Short @ 11919 --> + 35 14:19

1/8 th

<Andy> Covered Remainder ER2 Short @ 651.2 --> + 4.1 «« paper »» 14:21

<TrDs> Covered YM Short @ 11919 --> + 35 14:23

Reverse and Enter Long YM @ 11919

Exited YM Long @ 11911 --> - 8 14:24

Reverse and Enter Short YM @ 11911

Covered 1/2 YM Short @ 11886 --> + 25 14:26

Covered 1/4 YM Short @ 11889 --> + 22

Covered 1/4 YM Short @ 11891 --> + 20 14:27

1/8 th

Covered 1/4 YM Short @ 11896 --> + 15

1/8 th

4 left

buy limit to cover YM short @ 11919 14:28

<Andy> Long ER2 @ 649.7 «« paper »» 14:29

Exited all ER2 Long @ 648.7 --> - 1 «« paper »» 14:31

<TrDs> Covered 1/4 YM Short @ 11864 --> + 47

1/8 th

11966 -----> + 45 14:32

<Andy> Long ER2 @ 649 «« paper »»

<TrDs> Covered 1/4 YM Short @ 11979 --> - 68 14:33

1/8 th

no

Covered 1/4 YM Short @ 11979 --> - 68 14:34

no

Covered 1/4 YM Short @ 11879 --> + 32

humm

<Andy> Exited 1/2 ER2 Long @ 649.7 --> + 0.7 «« paper »»

Exited Remainder ER2 Long @ 649 --> 0 «« paper »»

Long ER2 @ 649.3 «« paper »» 14:36

<TrDs> Covered YM Short @ 11890 --> + 21

Reverse and Enter Long YM @ 11890

<Andy> Exited 2/3 ER2 Long @ 650 --> + 0.7 «« paper »» 14:37

<TrDs> Exited 1/2 YM Long @ 11925 --> + 35 14:38

<Andy> Exited ER2 Long @ 651.3 --> + 2 «« paper »»

<TrDs> Exited 1/4 YM Long @ 11920 --> + 30

Exited 1/4 YM Long @ 11915 --> + 25

1/8 th 14:39

<Andy> Exited Remainder ER2 Long @ 651.5 --> + 2.2 «« paper »»

<TrDs> Exited 1/4 YM Long @ 11930 --> + 40

1/8 th

4 left

<rickf> jeez trds -- have you had a loss yet today? :) 14:40

<TrDs> sell limit to exit YM long @ 11890

[13:23:27] <TrDs> Reverse and Enter Long YM @ 11919

[13:24:16] <TrDs> Exited YM Long @ 11911 --> - 8

thats the one

<X> #FuturesTrades Info -> No gurus, no head traders. Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended without their permission. More info at www.thestrategylab.com/FuturesTradesChat Room.htm 14:41

<rickf> heh. minor by contrast, for sure!

<szubaark> Trd you raping the YM pretty good, I hated trading the YM due to the spikes from hell

<TrDs> Exited 1/4 YM Long @ 11950 --> + 60

1/8 th

3 left

<rickf> paulson to speak around 2:50ET 14:42

<TrDs> Exited 1/4 YM Long @ 11965 --> + 75

1/8 th

2 left

<Andy> Shorts ER2 @ 653.5 «« paper »»

<szubaark> Shorts ES @ 1275.25 «« paper »» 14:43

<TrDs> [13:41:12] <rickf> heh. minor by contrast, for sure! ------------ that was 16 contracts trade

all are 16 contracts trade

<szubaark> Covered all Short ES at 1278 --> - 2.75 «« paper »» 14:45

Buys ES @ 1278 «« paper »»

<TrDs> Exited 1/4 YM Long @ 11975 --> + 85 14:46

1 left

Exited YM Long @ 11955 --> + 65

Reverse and Enter Short YM @ 11955

<Andy> Covered 2/3 ER2 Short @ 652.3 --> + 1.2 «« paper »» 14:47

<TrDs> Covered 1/2 YM Short @ 11930 --> + 25

Covered 1/4 YM Short @ 11935 --> + 20 14:48

Covered 1/4 YM Short @ 11940 --> + 15

1/8 th

<NihabaAshi> Shorts ER2 @ 650.80 -> small size

1 only

intuition trade

<TrDs> Covered 1/4 YM Short @ 11925 --> + 30 14:49

1/8 th

<Andy> Covered ER2 Short @ 651.4 --> + 2.1 «« paper »» 14:50

<TrDs> Covered YM Short @ 11945 --> + 10

Reverse and Enter Long YM @ 11945

<szubaark> Lots of fakeouts here at the .61 Retrace 14:51

<TrDs> Exited 3/4 YM Long @ 11955 --> + 10

having a bad feeling about this trade

4 left 14:52

<szubaark> Im looking for high test soon hopefully

<NihabaAshi> Covered ER2 Short @ 651.50 --> - 0.7

Reverse and Enter Long ER2 @ 651.50

<TrDs> Exited 1/4 YM Long @ 11965 --> + 20 14:53

1/8 th

<szubaark> Expecting Volatility spike soon, hopefully to Upside,Im Long

<TrDs> Exited YM Long @ 11950 --> + 5

Reverse and Enter Short YM @ 11950

Covered 3/4 YM Short @ 11935 --> + 15 14:54

Covered 1/4 YM Short @ 11940 --> + 10

<Andy> Covered Remainder ER2 Short @ 652.1 --> + 1.4 «« paper »» 14:55

<TrDs> 1 left

no

1/8 th

3 left

2 left

not 3

<Andy> Long ER2 @ 653 «« paper »»

<TrDs> Covered YM Short @ 11950 --> 0 14:56

Reverse and Enter Long YM @ 11950

<NihabaAshi> Pin Ball Machine price action

<Andy> Exited 3/4 ER2 Long @ 653.6 --> + 0.6 «« paper »»

<TrDs> Exited 1/2 YM Long @ 11990 --> + 40 14:57

<NihabaAshi> Exited ER2 Long @ 654.60 --> + 3.1

<TrDs> Exited 1/4 YM Long @ 11985 --> + 35

Exited 1/4 YM Long @ 11980 --> + 30 14:58

Exited 1/4 YM Long @ 11975 --> + 25

<Andy> Exited Remainder ER2 Long @ 655.2 --> + 2.2 «« paper »»

<TrDs> all 1/8 th

<szubaark> Exited all Long ES at 1279.75 --> + 1.75 «« paper »»

Have to leave, reason for exit

* szubaark is now known as szubaark_away

<TrDs> Exited 1/4 YM Long @ 11970 --> + 20 14:59

Exited 1/4 YM Long @ 11965 --> + 15

3 left

Exited YM Long @ 11965 --> + 15 15:00

Reverse and Enter Short YM @ 11965

Covered 1/2 YM Short @ 11945 --> + 20 15:01

Covered 1/4 YM Short @ 11950 --> + 15

Covered 1/4 YM Short @ 11955 --> + 10

Covered 1/4 YM Short @ 11960 --> + 5 15:02

Covered YM Short @ 11963 --> + 2 15:03

Reverse and Enter Long YM @ 11963

Exited 1/2 YM Long @ 11983 --> + 20 15:04

Exited 1/4 YM Long @ 11998 --> + 35

Exited 1/4 YM Long @ 11993 --> + 30 15:05

Exited 1/4 YM Long @ 12013 --> + 50 15:06

all 1/8 th

Exited 1/4 YM Long @ 12023 --> + 60

Exited 1/2 YM Long @ 12018 --> + 55

3 left

Exited YM Long @ 12008 --> + 45 15:07

Reverse and Enter Short YM @ 12008

Covered 1/2 YM Short @ 11998 --> + 10 15:10

Covered 1/4 YM Short @ 11994 --> + 14

Covered 1/4 YM Short @ 11988 --> + 20

all 1/8 th

Covered 1/4 YM Short @ 11988 --> + 20

Covered 1/4 YM Short @ 11983 --> + 25 15:11

3 left

Covered 1/4 YM Short @ 11973 --> + 35 15:12

buy limit to cover YM short @ 12008

Covered YM Short @ 11988 --> + 20 15:15

Reverse and Enter Long YM @ 11988

Exited 1/2 YM Long @ 11998 --> + 10

Exited 1/4 YM Long @ 12003 --> + 15 15:16

Exited YM Long @ 11988 --> 0

Reverse and Enter Short YM @ 11988

Covered 1/2 YM Short @ 11978 --> + 10 15:17

Covered 1/4 YM Short @ 11983 --> + 5

buy limit to cover YM short @ 11998

Covered 1/4 YM Short @ 11973 --> + 15 15:18

Covered YM Short @ 11986 --> + 2 15:19

Reverse and Enter Long YM @ 11986

Exited 1/2 YM Long @ 11996 --> + 10 15:20

Exited 1/4 YM Long @ 12001 --> + 15 15:21

Exited 1/4 YM Long @ 12041 --> + 55 15:24

Exited 1/4 YM Long @ 12036 --> + 50

Exited 1/4 YM Long @ 12046 --> + 60 15:26

2 left

Exited YM Long @ 12040 --> + 54 15:27

Reverse and Enter Short YM @ 12040

Covered 1/2 YM Short @ 12020 --> + 20 15:28

Covered 1/4 YM Short @ 12025 --> + 15 15:29

<NihabaAshi> Any one in here using a LCD TV screen as a monitor ???

<TrDs> 1/8

Covered 1/4 YM Short @ 12015 --> + 25

<werner> no niha

<TrDs> Covered 1/4 YM Short @ 12010 --> + 30 15:30

5 left

<NihabaAshi> I saw a guy that replaced his 3 flat screens with ONE Sony Bravia LCD TV screen 15:32

I was impressed with it.

<TrDs> Covered YM Short @ 12030 --> + 10

Reverse and Enter Long YM @ 12030

<NihabaAshi> I'm thinking about doing the same.

<TrDs> Exited 1/2 YM Long @ 12045 --> + 15 15:33

Exited 1/4 YM Long @ 12040 --> + 10

<Rooky> sounds cool nihaba i might try that too

got 6 clunky lcds here

<TrDs> Exited 1/4 YM Long @ 12070 --> + 40 15:35

Exited 1/4 YM Long @ 12065 --> + 35

Exited 1/4 YM Long @ 12060 --> + 30

Exited 1/4 YM Long @ 12055 --> + 25

2 left 15:36

<NihabaAshi> Shorts ER2 @ 658.40 -> small size

<TrDs> Exited YM Long @ 12055 --> + 25

Reverse and Enter Short YM @ 12055

Covered 1/2 YM Short @ 12045 --> + 10 15:37

Covered YM Short @ 12055 --> 0

Reverse and Enter Long YM @ 12055

Exited 1/2 YM Long @ 12065 --> + 10

Exited 1/4 YM Long @ 12070 --> + 15

Exited YM Long @ 12055 --> 0 15:38

Reverse and Enter Short YM @ 12055

<NihabaAshi> Pin ball maching price action

WRB Analysis

Learn More

<TrDs> Covered YM Short @ 12060 --> - 5 15:39

Reverse and Enter Long YM @ 12060

Exited 1/2 YM Long @ 12080 --> + 20

Exited YM Long @ 12070 --> + 10

Reverse and Enter Short YM @ 12070

Covered 1/2 YM Short @ 12060 --> + 10 15:40

Covered 1/4 YM Short @ 12055 --> + 15

Covered YM Short @ 60 --> + 12010

Reverse and Enter Long YM @ 60

Exited 3/4 YM Long @ 12075 --> + 12015 15:41

Exited 3/4 YM Long @ 79 --> + 19

75

---- > + 15

Exited 1/4 YM Long @ 70 --> + 10 15:42

Exited YM Long @ 65 --> + 5

Reverse and Enter Short YM @ 65

<NihabaAshi> Covered ER2 Short @ 656.90 --> + 1.5 15:43

<TrDs> Covered YM Short @ 12065 --> - 12000

Reverse and Enter Long YM @ 12065

<NihabaAshi> Gold and Oil showing a little strength over the past 2 mins 15:44

<TrDs> Exited 1/2 YM Long @ 12075 --> + 10

Exited YM Long @ 12065 --> 0

Reverse and Enter Short YM @ 12065

Covered 1/2 YM Short @ 12045 --> + 20 15:45

Covered 1/4 YM Short @ 12035 --> + 30

Covered 1/4 YM Short @ 12040 --> + 25 15:46

all 1/8 th

buy limit to cover YM short @ 12075 15:47

Covered 1/4 YM Short @ 12030 --> + 35 15:48

3 left

Covered YM Short @ 12045 --> + 20 15:51

Reverse and Enter Long YM @ 12045

Exited YM Long @ 12045 --> 0 15:52

Reverse and Enter Short YM @ 12045

<NihabaAshi> I thought I would see "MORE" volatility today due to tomorrow's FOMC announcement

<TrDs> Covered 1/2 YM Short @ 12035 --> + 10

Covered YM Short @ 12045 --> 0 15:54

Reverse and Enter Long YM @ 12045

Exited YM Long @ 12045 --> 0 15:55

Reverse and Enter Short YM @ 12045

Covered 1/2 YM Short @ 12035 --> + 10

Covered 1/4 YM Short @ 12030 --> + 15 15:56

Covered 1/4 YM Short @ 11985 --> + 60 15:58

Covered 1/4 YM Short @ 11980 --> + 65 15:59

1/8

3 left

Covered 1/4 YM Short @ 11960 --> + 85 16:00

2

left

<rickf> vn trds! 16:01

<TrDs> buy limit to cover YM short @ 11995 16:03

sure 50 ticks

thanks rickf

<rickf> never traded the ym very much myself 16:04

<TrDs> my 4th day 16:05

<rickf> well you're doing pretty well it seems :)

<TrDs> 4th day in ym, cannt complain

<rickf> what do/did you normall ytrade? 16:06

<TrDs> anything 16:08

<rickf> coolness 16:09

<TrDs> ")

:)

<rickf> well, good to have ya along for the ride 16:10

<TrDs> Covered all YM Short @ 11995 --> + 50 16:11

take care all 16:12

<rickf> later

i'm off myself -- good evening everyone, see you tomorrow

<werner> gn all 16:17

<NihabaAshi> Take care all and see all tomorrow for the big FOMC Announcement 16:18

Should be very interesting after today's and yesterday's big market news. 16:19

* NihabaAshi is now known as NihabaAshi_away

* sep34 is now known as sep34_away 16:21

<X> #FuturesTrades Info -> No gurus, no head traders. Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended without their permission. More info at www.thestrategylab.com/FuturesTradesChat Room.htm 16:44

* DisconnectedSession Close: Mon Mar 17 16:45:44 2008 16:45

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

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