#FuturesTrades March 19th Wednesday 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: Wed Mar 19 09:29:38 2008Session Ident: #FuturesTrades
* Now	talking in #FuturesTrades	09:29
<X>	[NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
<Nesi>	Shorts ER2 @ 687.00	09:31
<pat255>	gm all..
<lumenPharmer>	gm	09:34
<Nesi>	Shorts ER2 @ 687.50 -> Add	09:35
<NihabaAshi>	Good morning all	09:37
<futurible>	GM ALL
<eminitrader>	Shorts ES @ 1340.75	09:43
	Covered all ES Short @ 1341.25 --> - 0.5	09:44
<nqcruiser>	emini - i tought a bit aggressive
<Nesi>	Shorts ER2 @ 689.50 -> Add
<eminitrader>	Shorts ES @ 1341.75	09:45
	looking for some kind of a pullback - n
	tight stop cfause of lasrge size	09:46
<werner>	gm all
<nqcruiser>	its countretrend
<eminitrader>	not in terms of the larger trend
	SP now @ 1340...dont see it brek 1344-1348 area w/o a significant pullback	09:47
<nqcruiser>	1hr is up
<eminitrader>	prolly later today or tommorow if not this am	09:48
	Covered 2/3 ES Short @ 1340.25 --> + 1.5	09:50
	Shorts ES @ 1341.75 -> Add	09:51
<nqcruiser>	congrats mate	09:52
<eminitrader>	thx n	09:53
	Covered 1/3 ES Short @ 1338.75 --> + 3
<szubaark>	nice emini
<nqcruiser>	r u using a neural system
	cant c how a man or woman could get in that early	09:54
<eminitrader>	thx szu
	taht early ??? never early specially when u have good overnight action
<trendpimp>	goodmorning all	09:55
<robert>	Shorts ES @ 41.88 «« paper »»	09:56
	Covered 1/2 ES Short @ 41.25 --> + 0.63 «« paper »»
	Covered Remainder ES Short @ 37.75 --> + 4.13 «« paper »»
	oops not paper
<eminitrader>	Covered 1/3 ES Short @ 1336.75 --> + 5
<nqcruiser>	i am short from 38.5	09:57
<eminitrader>	Covered 1/3 ES Short @ 1334.75 --> + 7	09:59
	hld 1
<nqcruiser>	emini we could get a 30 pt run
<eminitrader>	cld be..but i am not a greedy person :))	10:00
<trendpimp>	393 long, YM
<nqcruiser>	i am out	10:02
<trendpimp>	out 1/2 @ 402
<nqcruiser>	re-entry a little late'	10:03
<trendpimp>	long extra, ym @ 394	10:04
<Nesi>	BUSH tv
<trendpimp>	out 1/2 @ 405	10:08
<eminitrader>	be back stop @ b/e	10:09
<trendpimp>	out 82 stop	10:11
<rickf>	gm all
<lumenPharmer>	covered my gold short +2.10	10:13
	don't have the stones to hold for a swing yet	10:14
	this seems like chop	10:15
	shorts jummpy, but i doubt if longs are adding	10:16
<trendpimp>	retraced 61.7% on the ym so far, dang	10:17
<lumenPharmer>	markets closed on friday so exp is tomorrow	10:18
<eminitrader>	yep...thx for the reminder..was not thinking asbt that	10:19
<lumenPharmer>	np :)
<trendpimp>	long @382, ym	10:21
<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	10:23
<Nesi>	Covered 1/3 ER2 Short @ 684.50 --> + 5	10:28
<Awash>	anyone watching any particular support below 1332.50 for ES	10:29
	?
<pdays>	#s out	10:30
<eminitrader>	1322- 1325 area then 1310 -115 area	10:31
<Awash>	k, thanks
<eminitrader>	cld be a bit off cause its based on the sp 1327 AND THEN 1316	10:32
	WILL KNOW AS IT GETS CLOSER ...BUT DO EXPECT ABOUNCE AT EACH OF THESE LEVELS...THE ONLY q IS HOWif the bounce will have momemtum	10:33
	;;;sorry for the caps
<Awash>	thanks
<Nesi>	Covered all ER2 Short @ 681.70 --> + 5.3
<Awash>	buy limit to enter long ES @ 1321.50	10:35
	will adjust per PA
<eminitrader>	Covered Remainder ES Short @ 1329 --> + 12.75	10:40
<Pat>	vvvn em ....dang office distractions ..	10:41
<eminitrader>	thx pat	10:42
<szubaark>	Nice entry and exit on that Short emini.
<eminitrader>	thx szu...	10:43
	still see some downside 1322-1324 ....before a bounce..
<NihabaAshi>	Geeesh...how did we get 53 users in here...	10:52
	What's up ???
	You guys talking to your buddies about this room :)
<Pat>	hmmm no ..
	notme ..lol
<silo>	they are all bots	10:53
	:)
<NihabaAshi>	Awash is back :)
	Welcome back Awash
<Andy>	Shorts ER2 @ 684.1 «« paper »»
<jsbach->	they're north koreans
<Pat>	lol	10:54
<eminitrader>	:))
<Andy>	Covered 1/2 ER2 Short @ 683.4 --> + 0.7 «« paper »»	10:55
<eminitrader>	is this the high ..in terms of participants niha ?
<rickf>	somebody on ET was asking about this place yesterday	10:56
	maybe that drew some folks
<NihabaAshi>	There's another snow storm here :(	10:57
	This snow won't melt until late April :(	10:58
<jsbach->	where?
<Andy>	Covered 1/4 ER2 Short @ 683 --> + 1.1 «« paper »»	11:00
	Covered Remainder ER2 Short @ 682.2 --> + 1.9 «« paper »»	11:01
<NihabaAshi>	jsbach...Québec City	11:05
<jsbach->	neat	11:09
<NihabaAshi>	Shorts ER2 @ 683.80 -> small size
	intuition trade
	I'm not getting the help I need from Oil and Gold :(	11:11
	They are trying but not hard enough.
<silo>	dont speak too soon :P
<Awash>	entry limit raised ES @ 1328.50	11:14
	be back in a bit
<NihabaAshi>	DAX going higher
<Andy>	Shorts ER2 @ 684.4 «« paper »»	11:15
<NihabaAshi>	Gold still not sure if it wants to go higher	11:17
	They've decided...Up
<Andy>	Covered 3/4 ER2 Short @ 684. --> + 0.4 «« paper »»	11:18
<NihabaAshi>	Covered ER2 Short @ 684.00 --> - 0.2
	Reverse and Enter Long ER2 @ 684.00
<Andy>	Covered Remainder ER2 Short @ 684 --> + 0.4 «« paper »»	11:19
<NihabaAshi>	Gold being the bum now
	oh oh...contracting volatiliyt	11:22
	weak looking volatility spike so far
<szubaark>	Shorts ES @ 1336.25 «« paper »»	11:24
<NihabaAshi>	geeesh	11:25
	Exited 2/3 ER2 Long @ 685.30 --> + 1.3	11:26
	Exited Remainder ER2 Long @ 684.10 --> + 0.1	11:31
<Andy>	Shorts ER2 @ 684.7 «« paper »»	11:34
<szubaark>	Continuation of Creepy Action since yersturday :(	11:35
<Andy>	Covered all ER2 Short @ 685.5 --> - 0.8 «« paper »»	11:36
* codehead_afk	is now known as codehead	11:44
<KN-ES>	Shorts ER2 @ 684.90	11:46
	Covered 1/2 ER2 Short @ 683.90 --> + 1	11:47
	buy limit to cover ER2 short @ 685.40	11:48
	Covered 1/4 ER2 Short @ 683.40 --> + 1.5
<trendpimp>	im using hydra IRC, how do u add the background color to your calls? anyone know
<NihabaAshi>	Yes...you need a special trade posting script	11:52
	It's free to anyone that registers for #FuturesTrades	11:53
<KN-ES>	Covered ER2 Short @ 684.40 --> + 0.5
	Reverse and Enter Long ER2 @ 684.40
<NihabaAshi>	Registration @ http://www.thestrategylab.com/FuturesTra desChatRoom.htm
<Pat>	wow KN moves ro er ..be caeful	11:54
<Nesi>	go KN :)
<Pat>	dang er gives me heart attack..
<KN-ES>	Exited ER2 Long @ 684.50 --> + 0.1
	Reverse and Enter Short ER2 @ 684.50
<NihabaAshi>	ER2 in a tight trading range since 1052am est
<KN-ES>	Covered 1/2 ER2 Short @ 684 --> + 0.5	11:55
	just trying out, not seriouly tradin anything today
	Covered ER2 Short @ 684.50 --> 0
	Reverse and Enter Long ER2 @ 684.50
<Awash>	cancelled all open limit orders	11:56
* Awash	is now known as Awash_afk
<KN-ES>	Exited ER2 Long @ 684.4 --> - 0.1	11:57
	Reverse and Enter Short ER2 @ 684.4
	Covered 1/2 ER2 Short @ 683.4 --> + 1	11:58
	Covered 1/4 ER2 Short @ 682.9 --> + 1.5	11:59
	Covered 1/4 ER2 Short @ 682.40 --> + 2	12:00
	Covered 1/4 ER2 Short @ 681.40 --> + 3	12:02
	h 2
	buy limit to cover ER2 short @ 685	12:03
	Covered 1/4 ER2 Short @ 680.70 --> + 3.7	12:06
	add 681.90	12:08
	Exited ER2 Long @ 681.90 --> - 2.5	12:09
	Reverse and Enter Short ER2 @ 681.90
	nop
	Long ER2 @ 681.90	12:10
	+ 2.5
<silo>	look who's aggressively attacking the market again
	:)
<KN-ES>	Exited 1/2 ER2 Long @ 682.90 --> + 1	12:11
	Exited ER2 Long @ 682. --> + 0.1
	Reverse and Enter Short ER2 @ 682.
	Covered ER2 Short @ 681.90 --> + 0.1	12:12
	Reverse and Enter Long ER2 @ 681.90
	Exited ER2 Long @ 681.60 --> - 0.3	12:14
	Reverse and Enter Short ER2 @ 681.60
	Covered 1/2 ER2 Short @ 681.60 --> 0	12:15
	no
	Covered 1/2 ER2 Short @ 680.60 --> + 1
	Covered 1/4 ER2 Short @ 681.10 --> + 0.5	12:17
	Covered ER2 Short @ 681.50 --> + 0.1	12:18
	Reverse and Enter Long ER2 @ 681.50
	Exited ER2 Long @ 681.70 --> + 0.2
	Reverse and Enter Short ER2 @ 681.70
<futurible>	KN-ES,What is your tradind-plattform?
<KN-ES>	Covered ER2 Short @ 681.50 --> + 0.2	12:19
	Reverse and Enter Long ER2 @ 681.50
	Exited 1/2 ER2 Long @ 682 --> + 0.5
<szubaark>	Covered all Short ES at 1332.50 --> + 3.75 «« paper »»	12:20
<KN-ES>	Exited ER2 Long @ 681.50 --> 0
	Reverse and Enter Short ER2 @ 681.50
	Covered 1/2 ER2 Short @ 681 --> + 0.5
	Covered ER2 Short @ 681 --> + 0.5	12:21
	Reverse and Enter Long ER2 @ 681
	Exited ER2 Long @ 681.60 --> + 0.6
	Reverse and Enter Short ER2 @ 681.60
	nop	12:22
	681.50
	+ 0.1
	lng 681.50	12:23
	much faster
	Exited ER2 Long @ 681.40 --> - 0.2
	Reverse and Enter Short ER2 @ 681.40
	Covered 1/2 ER2 Short @ 680.40 --> + 1	12:24
	Covered 1/2 ER2 Short @ 680.90 --> + 0.5	12:25
	Covered ER2 Short @ 680.40 --> + 1	12:26
	Reverse and Enter Long ER2 @ 680.40
<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
<KN-ES>	nop
	not rev
	out 1
<NihabaAshi>	Shorts ER2 @ 680.60 -> small size
	intuition only
<KN-ES>	and Covered 1/2 ER2 Short @ 680.90 --> + 0.5 -----1/4	12:27
<Andy>	KN-ER, formerly KN-DAX, formerly KN-ES, the renaissance man :)
<NihabaAshi>	I've been doing more intuition trades the past two days than all month.
	That's normal for me due to the FOMC related price action
	Other than that, I'm still keeping my position size small because I don't have a lot of faith in this price action	12:28
<KN-ES>	out 1 679.90 + 1.50
<NihabaAshi>	Will go back to normal position size tomorrow
	Just taking it easy today :)
<Awash_afk>	Long ES @ 1328.50
<Andy>	Long ER2 @ 680 «« paper »»
* Awash_afk	is now known as Awash
<NihabaAshi>	pin ball maching price action	12:30
<Andy>	Exited 1/2 ER2 Long @ 680.7 --> + 0.7 «« paper »»
<KN-ES>	out alll 680.40 + 1.00 rev	12:31
	Long ER2 @ 680.40
	Exited ER2 Long @ 680.40 --> 0	12:32
	Reverse and Enter Short ER2 @ 680.40
	looks like its going down
<Andy>	that would be the feel
<KN-ES>	Covered 1/2 ER2 Short @ 680.20 --> + 0.2	12:33
<trendpimp>	yea, looks lower, lower high
<KN-ES>	lets save the the trade first
<Andy>	wrong that was 1/4
	1 left
<trendpimp>	weak attempt up, slow pace
<Andy>	Exited Remainder ER2 Long @ 679.5 --> - 0.5 «« paper »»	12:34
<futurible>	Pepe,your data from IB is Ok?
<NihabaAshi>	Covered 2/3 ER2 Short @ 678.70 --> + 1.9	12:35
<KN-ES>	Covered 1/4 ER2 Short @ 677.90 --> + 2.5
	Covered 1/4 ER2 Short @ 678.40 --> + 2	12:36
	Covered 1/4 ER2 Short @ 678.90 --> + 1.5
	add 678.50	12:38
	out 1/2 677.50 + 1.00
<NihabaAshi>	Covered Remainder ER2 Short @ 678.00 --> + 2.6
<KN-ES>	our last 1/2 678 + 0.5	12:39
<trendpimp>	double bottom on YM
<KN-ES>	Covered 1/4 ER2 Short @ 677.40 --> + 3	12:40
	h 1
	add 677.50
	out 1/2 677 + 0.5	12:41
<Andy>	Long ER2 @ 677.2 «« paper »»
	daaaaaaa
<KN-ES>	out 1 676.50 + 1.00
<Andy>	Exited all ER2 Long @ 677.3 --> + 0.1 «« paper »»	12:42
<KN-ES>	out 1/2 675.5 + 1.5
	1 ont half
<Andy>	wrong
	Exited all ER2 Long @ 673.3 --> - 3.9 «« paper »»	12:43
<KN-ES>	out 1 675 + 2.50
<Andy>	forget it...it was out - 1.1
<trendpimp>	5pts from new lows on ym
<KN-ES>	Covered all ER2 Short @ 675.40 --> + 5	12:44
	not all
	h 2 from 77.50	12:45
	out all 680.40
	Covered ER2 Short @ 675.70 --> + 4.7	12:46
	Reverse and Enter Long ER2 @ 675.70
	Exited 1/2 ER2 Long @ 676.20 --> + 0.5
	should see 77.20 again	12:47
	Exited 1/4 ER2 Long @ 676.70 --> + 1	12:49
	Exited 1/4 ER2 Long @ 677.20 --> + 1.5	12:50
	Exited 1/4 ER2 Long @ 677.70 --> + 2	12:52
	h2
	Exited 1/4 ER2 Long @ 678.20 --> + 2.5	12:54
	tp 678.70 +-	12:56
	sell limit to exit ER2 long @ 675.70	12:57
	Exited ER2 Long @ 677.50 --> + 1.8	12:59
	Reverse and Enter Short ER2 @ 677.50
<NihabaAshi>	Be back later...late lunch
* NihabaAshi	is now known as NihabaAshi_away
<KN-ES>	Covered ER2 Short @ 677.20 --> + 0.3	13:00
	Reverse and Enter Long ER2 @ 677.20
	Exited 1/2 ER2 Long @ 678.20 --> + 1	13:01
	Exited ER2 Long @ 678.00 --> + 0.8
	Reverse and Enter Short ER2 @ 678.00
<szubaark>	Shorts ES @ 1324.50 «« paper »»
<KN-ES>	Covered 1/2 ER2 Short @ 677.50 --> + 0.5
	Covered 1/4 ER2 Short @ 677 --> + 1	13:02
	Covered 1/4 ER2 Short @ 676.50 --> + 1.5	13:03
	Covered ER2 Short @ 677.30 --> + 0.7	13:04
	Reverse and Enter Long ER2 @ 677.30
	Exited ER2 Long @ 677.30 --> 0	13:05
	Reverse and Enter Short ER2 @ 677.30
	Covered ER2 Short @ 677.50 --> - 0.2
	Reverse and Enter Long ER2 @ 677.50
	Exited 3/4 ER2 Long @ 677.70 --> + 0.2
	add 677.50	13:06
	aout all 677.80
	s.l 677
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)
<szubaark>	Covered all Short ES at 1324.50 --> 0 «« paper »»	13:07
	Buys ES @ 1324.50 «« paper »»
<Awash>	Long ES @ 1325	13:08
	Add
<KN-ES>	Exited 1/3 ER2 Long @ 679.80 --> + 2.3	13:09
<Awash>	Average 1326.75
<KN-ES>	Exited 1/3 ER2 Long @ 679.50 --> + 2
	h1
	Exited ER2 Long @ 678.00 --> + 0.5	13:10
	Reverse and Enter Short ER2 @ 678.00
	Covered 1/2 ER2 Short @ 677 --> + 1	13:11
<TraderO>	KN your TimeStamps are way off the Current Price. LOLLLLLLLLLL
<KN-ES>	will app. if you pls suggest me how to make it better	13:12
	Covered ER2 Short @ 678 --> 0
	Reverse and Enter Long ER2 @ 678
	how about 1st target arround 679.50 +-	13:13
	Exited ER2 Long @ 677 --> - 1	13:15
	Reverse and Enter Short ER2 @ 677
<szubaark>	Exited all Long ES at 1322.75 --> - 1.75 «« paper »»
	Shorts ES @ 1322.75 «« paper »»
<KN-ES>	Covered 1/2 ER2 Short @ 6766.50 --> - 6089.5
	Covered 1/2 ER2 Short @ 676.50 --> + 0.5
	s.l 678	13:16
<Awash>	Long ES @ 1323.50 -> Add	13:17
<KN-ES>	Shorts ER2 @ 678	13:18
	s.l 680.10
<Awash>	Avg 1325.75
<KN-ES>	:)	13:21
	have fun guys
<Awash>	taking off KN-ES?	13:22
<TraderO>	KN where"S your STOP? LOLLLLLLLLL
<KN-ES>	Traders0 : any problem?	13:23
	you are loughing too much i guess
	let me show you smart a.
	[12:18:09] <KN-ES> Shorts ER2 @ 678
	[12:18:22] <KN-ES> s.l 680.10
<TraderO>	Just asking where's your stop on 677 shorts?
<KN-ES>	read first, before you start loughing, and I think i work hard enough to post the trades quick............the thing scares me........question about posting.....I thin I will take time off to improve my typing speed so that i can be 0 leg.. :)	13:25
<werner>	lol	13:27
<KN-ES>	sorry Trader0, if i am rude...........this is my first day in ER........I am already in lots of ..... :)
<szubaark>	KN, the ER is no joke, i dont even look at it	13:28
<robert>	Long ES @ 21.75
<KN-ES>	i dont mind looking, never tried YM or Dax before, trying is fun and if you dont try you never know
<futurible>	KN-ES,please,what is your plattform of tradind?	13:29
<KN-ES>	Trader0 ......................> here is your stop .................... > [12:18:22] <KN-ES> s.l 680.10	13:30
<werner>	[18:26] * TraderO has quit IRC
<KN-ES>	why after me!
	:)
<werner>	:)	13:31
<KN-ES>	i never tried to be rude to anyone
	i dont remeber
	:)
	futurible ............ I use few platforms
	mostly tradestation	13:32
	i have ensign, multicharts, ninjatraders, wealthlab
	i like programming, thats the reason i have those	13:33
	i use ts, rj, mb, ib and transact as broker
	i use api, mostly in wealthlab, to route my orders, to brokers	13:34
<szubaark>	KN TS200i?
<KN-ES>	nop
	ts 8.2
	i dont trade forex, so dont use 8.3
<szubaark>	exit stop moved to breakeven ES @ 1322.75 «« paper »»
<KN-ES>	but i dont use the charts to get in a trade	13:35
	only to get out of a trade
	futurible : have i answred your question?
	:)
	well, have fun and good trading, I will take a break and then will back to trading	13:37
<szubaark>	Covered all Short ES at 1318 --> + 4.75 «« paper »»	13:38
<KN-ES>	nice trade szubaark
<szubaark>	thanks
<eminitrader>	nice one szu :))
<Awash>	awesome Szu
<szubaark>	emini :)
<futurible>	yes,thanks
<robert>	Long ES @ 18 -> Add
<rickf>	vn	13:40
<szubaark>	Looks like they taking it to Pre FOMC Announcment Area
<eminitrader>	shld see a bounce from these levels	13:41
<robert>	Exited 1/2 ES Long @ 21 --> + 3	13:42
<Awash>	i didn't think we would give up this much but we still have plenty of time remaining in this session	13:43
<robert>	Exited Remainder ES Long @ 20.50 --> - 1.25
	b/e
<eminitrader>	1315-1317 area is nice support ...bounce from here cld very well take us to 1326-1330 area	13:48
<Awash>	pre-market LOD was 1320.50, watching to see if we hold here and advance	13:49
<robert>	Long ES @ 16.75	13:51
<eminitrader>	Long ES @ 1315.50
<Awash>	Exited all ES Long @ 1315.750 --> - 17	13:52
<robert>	Long ES @ 14.75
<Awash>	- 10 points on average
<eminitrader>	Exited all ES Long @ 1314 --> - 1.5	13:53
* Spartan_Away	is now known as Spartan
<eminitrader>	supp level broken
	next 1310 area for supp	13:54
<robert>	Exited 1/2 ES Long @ 16 --> + 1.25	13:55
	b/e
<eminitrader>	Long ES @ 1315	13:57
	Exited 1/2 ES Long @ 1318 --> + 3	13:59
	Exited Remainder ES Long @ 1316 --> + 1	14:02
	Long ES @ 1315.50	14:03
	4 tick stop
	:(
	Exited all ES Long @ 1314.50 --> - 1	14:04
<Awash>	Long ES @ 1314.00
<robert>	Long ES @ 11 -> Add	14:06
<eminitrader>	Long ES @ 1311
<Awash>	pre-market, I was speculating we would build on yesterday's rally	14:09
<robert>	Exited 1/2 ES Long @ 13.75 --> + 2.75
	b/e
<eminitrader>	Exited 1/2 ES Long @ 1314 --> + 3
	Exited 1/3 ES Long @ 1316 --> + 5	14:15
	hld 1
	be back ,,,stop @ b/e	14:16
<Awash>	Long ES @ 1314 -> Add	14:18
<robert>	Exited Remainder ES Long @ 15 --> + 0.25	14:20
	+1
<Spartan>	Shorts ES @ 1314.75 «« paper »»	14:21
<robert>	probably will go back to hod.. haha	14:22
<Awash>	:)
	for our sake, let's speculate
<robert>	yes
<Spartan>	Covered all ES Short @ 1316.75 --> - 2 «« paper »»	14:23
	:(
	Long ES @ 1314.50 «« paper »»	14:26
	1316.50 I meant
	Exited all ES Long @ 1312.50 --> - 2 «« paper »»	14:28
	actually 1314.5
<eminitrader>	Exited Remainder ES Long @ 1311 --> 0
	late post
<Awash>	oil is down big today	14:30
<Andy>	Long ER2 @ 674 «« paper »»
	Exited all ER2 Long @ 673.4 --> - 0.6 «« paper »»	14:31
	Long ER2 @ 674 «« paper »»
<robert>	Long ES @ 13.75 «« paper »»
<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	14:32
<Spartan>	Long ES @ 1316.25 «« paper »»
	Exited all ES Long @ 1314.25 --> - 2 «« paper »»
<Andy>	Exited all ER2 Long @ 673.2 --> - 0.8 «« paper »»	14:34
<robert>	Long ES @ 13.25 -> Add «« paper »»	14:35
<rickf>	shorted er 673	14:37
<Spartan>	Shorts ES @ 1312.25 «« paper »»
<robert>	Long ES @ 11.75 -> Add «« paper »»
<rickf>	exit 1/2 er 671.5 +1.5	14:38
<Spartan>	Covered all ES Short @ 1308.25 --> + 4 «« paper »»	14:39
<szubaark>	Nice Spartan
<robert>	Long ES @ 08 -> Add «« paper »»
<Spartan>	Thanks szu, bout time geez
<rickf>	exit remainder er 670 +3	14:40
<Andy>	Long ER2 @ 670.4 «« paper »»
<rickf>	short er 669.7	14:41
	exit er 669.7 +0	14:42
<Andy>	Exited 2/3 ER2 Long @ 671.3 --> + 0.9 «« paper »»	14:44
<robert>	Exited 1/2 ES Long @ 10.25 --> + 2.25 «« paper »»	14:45
	b/e
	Exited 1/4 ES Long @ 11.50 --> - 2.25 «« paper »»
<Spartan>	Shorts ES @ 1310.75 «« paper »»
<robert>	1.5
<codehead>	YM got within 2 ticks of .382 fib retrace of the whole move (recent bottom to yesterday high)	14:47
	made a 50 pt bounce
<rickf>	short er2 672.2	14:48
<codehead>	tomorrow expiry day, don't forget--closed Friday
<robert>	Exited 1/4 ES Long @ 13 --> - 0.75 «« paper »»	14:51
	+3
<Spartan>	Covered all ES Short @ 1312.75 --> - 2 «« paper »»
<Andy>	Exited Remainder ER2 Long @ 671.3 --> + 0.9 «« paper »»	14:54
<rickf>	exit 1/2 er 671 +1.2
<Spartan>	Long ES @ 1314 «« paper »»	14:55
<robert>	Exited Remainder ES Long @ 16 --> + 2.25 «« paper »»	14:56
	+6
<rickf>	vn	14:57
<robert>	yeah, I'm great on the paper trades! ;-)
	thnx
<Spartan>	exit stop set ES @ 1315.50 «« paper »»	14:59
	Exited all ES Long @ 1315.50 --> + 1.5 «« paper »»	15:00
	Long ES @ 1315.50 «« paper »»	15:03
<rickf>	exit remainder er 672 +1.1
	forgot to post my double-down, sorry
<KN-ES>	Shorts ER2 @ 674	15:04
	Covered 1/2 ER2 Short @ 673.50 --> + 0.5	15:05
	s.l 674.50
	Shorts ER2 @ 674.20	15:06
<Spartan>	Exited all ES Long @ 1317.5 --> + 2 «« paper »»	15:07
	should have held
<KN-ES>	Covered ER2 Short @ 674.4 --> - 0.2
	Reverse and Enter Long ER2 @ 674.4
	Exited 1/2 ER2 Long @ 674.70 --> + 0.3	15:08
	Exited 1/4 ER2 Long @ 675.50 --> + 1.1	15:09
	Exited 1/4 ER2 Long @ 675.40 --> + 1
	Exited 1/4 ER2 Long @ 674.90 --> + 0.5
	h 2	15:11
	Exited ER2 Long @ 674.60 --> + 0.2
	Reverse and Enter Short ER2 @ 674.60
	Covered 1/2 ER2 Short @ 673.70 --> + 0.9
	Covered 1/4 ER2 Short @ 674.90 --> - 0.3	15:12
	nop
	Covered 1/4 ER2 Short @ 673.90 --> + 0.7
	Covered ER2 Short @ 674.40 --> + 0.2
	Reverse and Enter Long ER2 @ 674.40
	s.l 675.50
<Spartan>	Long ES @ 1318.75 «« paper »»
<KN-ES>	74.50	15:13
	73.50
	damm
<Spartan>	Exited all ES Long @ 1316.75 --> - 2 «« paper »»
<KN-ES>	Exited 1/2 ER2 Long @ 674.90 --> + 0.5
	Exited ER2 Long @ 674.60 --> + 0.2	15:14
	Reverse and Enter Short ER2 @ 674.60
<Spartan>	Long ES @ 1316.50 «« paper »»
<KN-ES>	Covered ER2 Short @ 674.40 --> + 0.2	15:16
	Reverse and Enter Long ER2 @ 674.40
	not going anywhere
	Exited 1/2 ER2 Long @ 674.50 --> + 0.1	15:17
	Exited ER2 Long @ 674.50 --> + 0.1	15:18
	Reverse and Enter Short ER2 @ 674.50
	Covered 1/2 ER2 Short @ 674 --> + 0.5
	Covered 1/4 ER2 Short @ 673.50 --> + 1
<Spartan>	Exited all ES Long @ 1314.50 --> - 2 «« paper »»
<Awash>	Exited all ES Long @ 1315 --> + 2
<KN-ES>	Covered 1/2 ER2 Short @ 673.50 --> + 1
<Spartan>	Shorts ES @ 1314.75 «« paper »»
<KN-ES>	not half	15:19
	1
	Covered 1/4 ER2 Short @ 673 --> + 1.5
	h2
	s.l 675	15:20
	add 673.20
	aout 1/2 672.20 + 1.00
	aout 1/2 672.70 + .50	15:21
	add 673.50
	aout 1/2 672.50 + 1.00	15:22
	aout 1/2 672.70 + .50
	add 673.00
	aout 1/2 672.50 + .50	15:23
	add 673.0
	out all 72.50
	adds
	+ .5 +0.00	15:24
	add 672
	out 1/2 671 + 1.00
	out 1/2 671.50 + .50	15:25
	add 671.50
	out 1/2 671 + .50	15:26
<silo>	this is some delayed trades you are placing here :P
<KN-ES>	out 1 670.50 + 1.00
	out 1 670.00 + 1.50	15:27
<Spartan>	Covered all ES Short @ 1309.75 --> + 5 «« paper »»
<KN-ES>	out 1 670.50 + 1.00
	silo : these are from yesterday :)	15:28
	out 1 671 + .50
	aout rest 670.50 + 1.00	15:30
	Covered Remainder ER2 Short @ 670.50 --> + 4
	Long ER2 @ 670.60	15:31
	Exited 1/2 ER2 Long @ 670.90 --> + 0.3
<Spartan>	Shorts ES @ 1309.5 «« paper »»
<KN-ES>	Exited 1/4 ER2 Long @ 671.10 --> + 0.5	15:32
	Exited 1/4 ER2 Long @ 671.10 --> + 0.5	15:33
	s.l 669.50
	add 670.50
	out 3/4 671 + .5	15:34
	Exited ER2 Long @ 670.10 --> - 0.5
	Reverse and Enter Short ER2 @ 670.10
	Covered 1/2 ER2 Short @ 6696.60 --> - 6026.5	15:35
	Covered 1/2 ER2 Short @ 668.60 --> + 1.5
	Covered 1/4 ER2 Short @ 668.10 --> + 2	15:36
<Spartan>	Covered all ES Short @ 1305.50 --> + 4 «« paper »»	15:37
<KN-ES>	Covered 1/4 ER2 Short @ 669.0 --> + 1.1	15:38
	Covered 1/4 ER2 Short @ 667.10 --> + 3	15:40
	h 2
	s.l 670.10 0.00	15:41
<trendpimp>	u must have over 300 trades, your broker must love you
<Fleneer>	lookie here ES at 1303 the day after all the hoopla and big run to 1340 over the Fed cut.
<KN-ES>	Covered ER2 Short @ 668.10 --> + 2	15:42
	Reverse and Enter Long ER2 @ 668.10
	Exited 1/2 ER2 Long @ 668.70 --> + 0.6
<trendpimp>	long ym@160
<KN-ES>	Exited 1/4 ER2 Long @ 669.10 --> + 1	15:43
	Exited 1/4 ER2 Long @ 669.70 --> + 1.6	15:45
<Spartan>	Shorts ES @ 1306 «« paper »»
<KN-ES>	Exited 1/4 ER2 Long @ 669.10 --> + 1
<rickf>	short er 668.9
<KN-ES>	Exited ER2 Long @ 669.20 --> + 1.1
	Reverse and Enter Short ER2 @ 669.20
<trendpimp>	out 149 stop
<KN-ES>	Covered ER2 Short @ 669.40 --> - 0.2	15:46
	Reverse and Enter Long ER2 @ 669.40
<trendpimp>	reenter long at 155	15:47
<KN-ES>	Exited 3/4 ER2 Long @ 669.70 --> + 0.3
	bad entry
	cls to top
<trendpimp>	it should break	15:48
<Spartan>	Covered all ES Short @ 1308 --> - 2 «« paper »»
WRB Analysis	Learn More
<KN-ES>	Exited 1/4 ER2 Long @ 670.50 --> + 1.1	15:49
	Exited 1/4 ER2 Long @ 670.10 --> + 0.7
	h2
<Spartan>	Shorts ES @ 1306.5 «« paper »»
<KN-ES>	should see 671.20
	Exited ER2 Long @ 669.50 --> + 0.1	15:50
	Reverse and Enter Short ER2 @ 669.50
	Covered 1/2 ER2 Short @ 669 --> + 0.5
<Spartan>	should close near low for day	15:51
<trendpimp>	out 142stop
<KN-ES>	Covered 1/4 ER2 Short @ 668 --> + 1.5	15:52
<rickf>	exit er 668 +.9
<Spartan>	Covered all ES Short @ 1302.50 --> + 4 «« paper »»	15:55
<KN-ES>	Covered 1/4 ER2 Short @ 666.90 --> + 2.6
	Covered 1/4 ER2 Short @ 666 --> + 3.5	15:56
	Covered 1/4 ER2 Short @ 665.50 --> + 4
	h3
	nop
	2
	sl 669.50 0.00	15:57
* Spartan	is now known as Spartan_Away
<rickf>	exited too early :(	15:58
<KN-ES>	Covered 1/4 ER2 Short @ 663.50 --> + 6	15:59
	1 con lh1imit buy ---- exit 667 + 2.50
	1 con limit buy ---- exit 667 + 2.50	16:00
	h1
	tp 659.50 +-	16:01
	dax is making constant ll, so should er	16:02
	constantly	16:03
* NihabaAshi_away	is now known as NihabaAshi	16:05
<NihabaAshi>	Geeesh...KN-ES kicking butt again today :)	16:06
<KN-ES>	:)
<NihabaAshi>	Anybody in here using Metastock Pro charting program version 10 or higher ???	16:07
	Specifically using it with the Bridge data feed connection
<silo>	try asking that on elitetrader.com	16:08
	you'll probably get more response :P
<NihabaAshi>	Actually, ET has too many jokers.	16:09
<silo>	:P
	true
<NihabaAshi>	I'll ask that question at other forums
<silo>	but the amoutn of people there should get you some metastock users
<KN-ES>	Covered Remainder ER2 Short @ 661.90 --> + 7.6
<silo>	since you're not asking about trading methods or so mething
	:P
<KN-ES>	done for the day.................	16:10
<NihabaAshi>	Never underestimate ET entertainment :)
<silo>	how many ponits today kn
<rickf>	lol
<KN-ES>	its sould make a hl @ 663.50 +-
	no idea
	:)
<trendpimp>	how did you do Niha?	16:11
<NihabaAshi>	Trend...I did just a few trades today.	16:13
<KN-ES>	thats 63.50 +- ..... most likely will drop now ...... may be by 5 30 ...........to new low 660+-	16:14
<NihabaAshi>	Had a lot of personal stuff to do and calling around about charting programs and back up broker stuff.
	About +8 points in ER2 today for me.
	In fact, the only thing I had open since 1pm est is my internet browser and mIRC	16:15
	:)
<trendpimp>	cool, using your STR method?	16:16
<NihabaAshi>	I'll use anything as long as it works.
<trendpimp>	lol, good answer
<NihabaAshi>	If throwing darts at a chart on the wall worked...
	I'll use that too :)
<KN-ES>	:)	16:17
<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	16:38
<KN-ES>	gn all. see you all tomorrow.	16:44
<rickf>	gn
<werner>	gn kn,rickf,all	16:51
<rickf>	gn werner
	gn all	16:56
* DisconnectedSession	Close: Wed Mar 19 18:51:23 2008	18:51
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