Light Crude Oil CL Eurex DAX EuroFX EC Russell Emini ER2 S&P Emini ES Nasdaq Emini NQ Mini-Sized Dow YM 10 Year T-Notes ZN
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March 21st Tuesday 2006 Trade Log
#FuturesTrades is a private and free realtime trading posting chat room on the IRC Othernet server.
Click here for the instructions on gaining access to #FuturesTrades.
In addition, NihabaAshi is the only trader in #FuturesTrades that represents TheStrategyLab.com strategies.
Further, you'll find below the chat room text log of realtime trades that were posted by full-time, part-time traders from around the world and the timestamp is eastern standard time (est).
Also, if you want to see an example of a trading day of what the trades actually look like on a computer screen while using mIRC to communicate with traders from all over the world in #FuturesTrades...click here.
Session Start: Tue Mar 21 08:22:49 2006Session Ident: #futurestrades * Now talking in #futurestrades 08:22 <X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTra desChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm <NihabaAshi> Shorts EuroFX @ 1.22230 -> small size 08:30 <WannaBeBOS> PPi <NihabaAshi> Yep. <WannaBeBOS> and yet another number that hasnt moved the market 08:32 <NihabaAshi> Covered EuroFX Short @ 1.22290 --> - 0.0006 08:33 Reverse and Enter Long EuroFX @ 1.22290 Agree...lately the eminis have been saving their price reaction to the 0830am est reports for after 0930am est. 08:34 However, EuroFX is a different story :) Reason why for now...when I trade the price reaction to the 0830am est numbers...it will be mainly in EuroFX EC futures. 08:35 Exited EuroFX Long @ 1.22210 --> - 0.0008 08:36 Reverse and Enter Short EuroFX @ 1.22210 <WannaBeBOS> do you still get up at 3am? <NihabaAshi> Reverse the 1 contract long position into a Large 10 contract short position. Yes...but not as much lately. 08:37 The lack of sleep finally caught up with me early last week. <WannaBeBOS> lol. funny how that happens 08:38 <NihabaAshi> Covered 1/2 EuroFX Short @ 1.22100 --> + 0.0011 08:43 Letting the other 5 contracts ride a little to see if I caught a small downtrend. exit stop moved to breakeven EuroFX @ 1.22210 08:44 <WannaBeBOS> niha, you are on the Euro on Globex, correct? 08:45 <NihabaAshi> Yes...CME EuroFX EC. 08:46 <WannaBeBOS> ok, thanks nice trade niha 08:52 <NihabaAshi> Covered EuroFX Short @ 1.21950 --> + 0.0026 08:53 Holding 3 contract remainders <WannaBeBOS> well done <NihabaAshi> Thanks. However, this is where I have been having some trade management problems in my remainders. 08:54 I leave a lot of money on the table in my EuroFX trades. <WannaBeBOS> it has become difficult to manage remainders due to things being so whippy <NihabaAshi> Today I'm making a slight change in my trade managment of the remainders. Agree...the small trends up and down intraday makes it very difficult to scale out of a trade with higher profits on each scaled out. 08:55 <WannaBeBOS> sometimes i will take a gamble and go for a PT2, but lately, i have been unloading at PT1 my average hold time has gone WAY down, lol <NihabaAshi> :) 08:56 Wanna...what happen yesterday to get you mad at the market ? By the way...I've designed a new trade post script that works as a standalone realtime script while still interfaced with mIRC. 08:57 Simply, now we can enter trades and not be locked out of typing messages in mIRC. 08:58 There's some other features I've added (actually not me but the script programmer I'm working with)...broadcasting trades to specific traders that are logged into the room while ignoring others of our choice. 08:59 Hopefully I have it completed by the summer. Currently, it crashes a lot and is a resource hog. <WannaBeBOS> niha, my esignal was not working. 09:02 <NihabaAshi> exit stop lowered EuroFX @ 1.22130 <WannaBeBOS> called them of course, and its always "it's not our fault, its something on your end." of course the problem was corrected about 4:15pm CST with nothing done on my end. 09:03 <NihabaAshi> I've been hearing a lot more about eSignal problems lately. <WannaBeBOS> i hope this acquisition of QCharts wont drag down the network <NihabaAshi> Also, FutureSource is not the same since eSignal parent company IDC purchased it :( <WannaBeBOS> much agree 09:05 <NihabaAshi> Covered EuroFX Short @ 1.21840 --> + 0.0037 Holding 2 contract remainders. IDC also now owns QCharts (my backup data provider)... 09:07 <WannaBeBOS> yes, which may be good for them you and i used Qcharts for years 09:08 <NihabaAshi> Hopefully, especially if QCharts gets access to Eurex DAX, Euronext FTSE100 and CAC40. <WannaBeBOS> the reason i went with esignal is they had the programmable studies interface 09:09 <NihabaAshi> Yes...that's one of the plus for eSignal. Qcharts is really for those not doing any type of auto signal alerts nor anything that's automated. 09:10 <WannaBeBOS> no complaints really. in the end, the internet still isnt all that reliable. IMO we still have to plan for outages, lag, and such <NihabaAshi> Yet its data can be used in third party auto signal programs. <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, IWM, QQQQ, SPY) 09:11 <WannaBeBOS> yes, looking into IQfeed as we speak, lol 09:12 <NihabaAshi> exit stop lowered EuroFX @ 1.22100 09:15 <PapaJon> gm all 09:24 <eminitrader> Morn pj , " rumors r that Bush at 10 am EST will announce either capture or death of Osama or his deputy Al Zarq 09:26 <WannaBeBOS> emini, are you serious? 09:27 <PapaJon> oh really.. <eminitrader> thought all should be aware .. may change mrkt movement <PapaJon> thnx et <eminitrader> " rumors only " as of now urw pj 09:28 <NihabaAshi> [09:27] <eminitrader> thought all should be aware .. may change mrkt movement 09:30 <WannaBeBOS> if thats true, ER will be at 900 09:31 lol <NihabaAshi> If there's anything there...there will be a "dramatic" price change. <eminitrader> more to the upside right <NihabaAshi> We could see ES hit 1325 fast and easy. <eminitrader> :)) <WannaBeBOS> 1400 <eminitrader> :))))))) 09:32 Long ES @ 1314.50 09:35 <NihabaAshi> Shorts ER2 @ 748.00 large size 09:36 <eminitrader> Exited all ES Long @ 1213.50 --> - 101 09:37 oops Exited all ES Long @ 1313.50 --> - 1 crazy trade ..had a short here ..bias ? 09:38 <NihabaAshi> Cover all ER2 Short @ 747.50 --> + 0.50 09:39 CNBC slowly starting to hype President Bush live speech at 10am est. Don't want to be in ER2 when 10am est approaches. <eminitrader> is it con firmed by cnbc <NihabaAshi> No...only thing confirmed by CNBC is that Bush will be talking. What he will say is anybody guess. 09:40 <eminitrader> k thx <NihabaAshi> exit stop lowered EuroFX @ 1.22000 09:43 Covered EuroFX Short @ 1.21790 --> + 0.0042 09:45 Holding 1 contract remainder Oil, Gas and Gold all tanked southwards. 09:55 <WannaBeBOS> weird <NihabaAshi> It's 10am est and Pres. Bush will start his White House news conference any minute now. 10:00 My worst trading occurs when Pres. Bush has his face on TV and the major financial networks are tuned into him. 10:01 <les> u should write to him, niha <NihabaAshi> Glad I only have 1 contract remainder from that EuroFX position. 10:02 Les...I should because he has taken a lot of money out of my pocket :( <les> exactly a stiff letter of complaint i think <mispe> with a good tort lawyer ...!!!! 10:03 <NihabaAshi> Covered Remainder EuroFX Short @ 1.21650 --> + 0.0056 10:11 <WannaBeBOS> wow. nice 10:12 <NihabaAshi> The key to that EuroFX EC trade was that I kepted my position size controlled on some "iffy" trade signals. 10:15 Then when the strong signal appeared...I loaded up on the Short. 10:16 Going from 1 contract on two consecutive losers to a 10 contract position on my only EC winner. Not a great win:loss ratio (1:2) but the position size managment fixed that easily. 10:17 Geesh...its been awhile since I've seen the market react this negative to a Pres. Bush talk on TV. 10:18 Usually it gets choppy when he talks and makes the brokers rich. 10:19 <WannaBeBOS> everyone was expecting very good news didnt materialize <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, IWM, QQQQ, SPY) 10:23 <eminitrader> Shorts ES @ 1313.75 10:31 <NihabaAshi> Reminder -> Today's #FuturesTrades trade logs and discussions along with archived trade logs are posted @ http://www.thestrategylab.com/RecentTrades.htm (logs will be updated tonight by 9pm est to current) 10:33 <WannaBeBOS> i liked the talk on euro. looking into that. adapt or die... 10:34 <NihabaAshi> Yep...gotta be able to trade more than one trading instrument... 10:35 Then when one becomes a struggle to trade consistently profitably...trade the other trading instrument until it looses its groove...then move back to the other one...back-n-forth. 10:36 <WannaBeBOS> i just didnt want to get up at 3am. lol 10:37 <NihabaAshi> When the well dries up on EuroFX and ER2...I'll move back to the DAX and CAC-40 Won't hit ES and NQ hard until late October this year because of its market seasonal tendency at that particular duration of the year until the end of the year. 10:39 Think about it...do the big institutions trade "only one" trading instrument all year around. 10:41 Nope. <WannaBeBOS> not at all i sure long for the days of 30 point ranges in ES <NihabaAshi> They many different trading instruments and particular durations of the year they will hit a few very heavily in comparison to their other positions. 10:42 <eminitrader> Covered all ES Short @ 1315.25 --> - 1.5 <NihabaAshi> We as retail traders need to also be able to adapt like they do. NYMEX had some pre-market quote problems...that explains why I had some early gaps in my data. 10:45 Looks like Light Crude Oil CL didn't want to make new lows for March...its rebounded after 1015am est very nicely. 10:48 Tomorrow is the 1030am est EIA Petroleum Report. 10:49 I have my Oil, Gas and Gold Index charts up for that trading session... <les> Shorts ER2 @ 747.3 «« paper »» 10:50 <NihabaAshi> Maybe I can get a good trade in ER2 via the reaction to that report. CME EuroFX EC lost another support level at 1.21600 10:51 <Fleneer> Short ES 1314.00 All my trades are paper trades. 10:52 IMVHO anyone who blindly copies message board trades is a fool. 10:53 <NihabaAshi> Fleneer...this isn't a signal calling room nor are there any gurus here. 10:54 It's a room for all to maintain a realtime journal of whatever trades they want. I maintain a log of those trades for those that want to review them along with reviewing any "important" discussions during such posted trades... 10:55 Logs posted at the link I posted earlier. Reminder -> Today's #FuturesTrades trade logs and discussions along with archived trade logs are posted @ http://www.thestrategylab.com/RecentTrades.htm (logs will be updated tonight by 9pm est to current) <AlexTron> hi room :) 10:56 <Fleneer> I C thx. <WannaBeBOS> hello <AlexTron> anyone trading YG in here? <NihabaAshi> Yep...the room use to be private to keep out traders looking for signal calling rooms or looking to mimick someone's trades without their permission. 10:57 <AlexTron> hmm <NihabaAshi> Hi Alex...what's the symbol YG for because it may be a different symbol with another broker or data provider? <AlexTron> mini gold CBOT traded 10:58 <NihabaAshi> I follow the Gold Index but don't trade the mini gold. <AlexTron> k <NihabaAshi> Gold can signal some good trades in NYMEX Energies CL, QM or NG. <AlexTron> interesting thanks 10:59 <les> Covered 1/3 ER2 Short @ 747 --> + 0.3 «« paper »» <Fleneer> out 1212.75 +1.25 11:00 BE on the day <NihabaAshi> Nice quick trade. <Fleneer> covered my losses from earlier. I had -0.50 and -0.75 earlier not posted. So day is red by comm. 11:01 <les> Covered 1/3 ER2 Short @ 746.7 --> + 0.6 «« paper »» 11:02 <NihabaAshi> Pres. Bush no longer on TV. He may have killed the volatility and we won't see anything interesting until after the lunch trading session. 11:03 <Fleneer> now just the talking heads to tell us what he said and what it meant. <NihabaAshi> :) <les> Covered Remainder ER2 Short @ 747.2 --> + 0.1 «« paper »» <Fleneer> see if the ES S1 holda here 11:04 <WannaBeBOS> check it out: google has put up a finance page to compete with yahoo and msn 11:05 http://finance.google.com/finance <Fleneer> The ES S1 held support. never a bad idea to pay attention to S/R levels. 11:06 ES 1314.50 is .618 retrace of the last leg 15.75 to 12.50 11:07 <NihabaAshi> Wanna...they plan to add more goodies to that simple webpage...international exchanges, futures and so on. 11:09 <les> Shorts ER2 @ 747.8 «« paper »» 11:10 Covered 1/3 ER2 Short @ 747.3 --> + 0.5 «« paper »» <WannaBeBOS> yes, i noticed the page is still in beta 11:14 its pretty darn impressive now 11:15 <les> Covered 1/3 ER2 Short @ 747.5 --> + 0.3 «« paper »» 11:20 exit stop lowered ER2 @ 747.7 «« paper »» Trailing Stop Hit ER2 @ 747.7 --> + 0.1 «« paper »» 11:22 Long ER2 @ 748.9 «« paper »» 11:28 wrong 11:29 Long ER2 @ 749.2 «« paper »» Exited 1/3 ER2 Long @ 749.7 --> + 0.5 «« paper »» 11:33 <pdays> Long ER2 @ 749.3 <les> Exited 1/3 ER2 Long @ 749.7 --> + 0.5 «« paper »» 11:34 exit stop raised ER2 @ 749.2 «« paper »» 11:35 <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, IWM, QQQQ, SPY) <les> exit stop raised ER2 @ 749.5 «« paper »» 11:36 <AlexTron> wow YG pop 11:37 what happened with gold? <NihabaAshi> Alex...what What's your current quote for YG ? 11:38 <les> exit stop raised ER2 @ 750.2 «« paper »» <AlexTron> 555.5 was just sitting at 551 <NihabaAshi> Ok...great...I have access to the mini-gold and didn't know it :) <AlexTron> :) <NihabaAshi> Everybody moving upwards (Eminis, Oil, Gas and Gold) since 11am est. 11:39 <AlexTron> yes indeed 11:40 <pdays> Exited all ER2 Long @ 751.4 --> + 2.1 <les> Exited Remainder ER2 Long @ 751.5 --> + 2.3 «« paper »» wow 11:42 <pdays> got both of us ;{ <les> niha... <NihabaAshi> Looks like everybody is jumping on board :) <les> now u know why i think er2 is the wierdest place in the universe 11:43 <NihabaAshi> :) Impressive price movement by all. <les> crazy people true <NihabaAshi> don't get caught staring...look for trades :) EuroFX volatility is now picking up. 11:44 <les> that was about 1200 contracts traded in 2 mins <AlexTron> oh man 11:45 <les> big moves usually involve 350+ <DaveK51> Long ER2 @ 754 11:58 Exited 1/2 ER2 Long @ 754.5 --> + 0.5 11:59 <NihabaAshi> For the past 10mins...analyst have been giving their opinions about Pres. Bush speech. 12:04 <WannaBeBOS> boring? 12:09 same old, same old? talked, but didnt say anything? 12:10 <NihabaAshi> Its not what he talks about...its how the market reacts to him. 12:11 He goes on TV...market drops nicely... He goes off TV...market begins to bounce back upwards...slowly at first until the heavy hitter show up. <WannaBeBOS> yep 12:12 seems to be a repeating pattern <NihabaAshi> Alex..that's some thin volume on YG. 12:16 <DaveK51> Exited Remainder ER2 Long @ 754.5 --> + 0.5 12:22 <AlexTron> yes it is 12:23 wide spread at times too made some good trades in it yesterday was up +19 on 5 trades I think it was 12:24 <DaveK51> Long ER2 @ 754 12:29 Exited 1/2 ER2 Long @ 754.5 --> + 0.5 12:30 <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, IWM, QQQQ, SPY) 12:44 <DaveK51> Exited Remainder ER2 Long @ 754.9 --> + 0.9 12:50 perfect, lol 12:51 <AlexTron> wtg Dave! 12:52 <DaveK51> thought I'd bailed too soon <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, IWM, QQQQ, SPY) 13:56 <substanz> Long YM @ 11342 14:16 Exited all YM Long @ 11341 --> - 1 14:22 <DaveK51> Long ER2 @ 746.3 14:27 Exited 1/2 ER2 Long @ 746.8 --> + 0.5 14:28 Exited Remainder ER2 Long @ 746.3 --> 0 14:30 Long ER2 @ 745.5 14:33 Exited 1/2 ER2 Long @ 746 --> + 0.5 14:34 Exited Remainder ER2 Long @ 746.5 --> + 1 14:38 <gotta_trade> Long ES @ 1309 14:54 Exited all ES Long @ 1307.25 --> - 1.75 14:56 <Fleneer> yep. tried to catch the knife myself at the S1 and the S2 15:03 <DaveK51> Long ER2 @ 744.4 15:08 <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, IWM, QQQQ, SPY) <DaveK51> Exited all ER2 Long @ 743.4 --> - 1 15:22 well, when i'm wrong i'm really wrong 15:31 <NihabaAshi> Wow...I just got back and see one mega downtrend. 15:37 Crazy. <WannaBeBOS> love it 15:40 <les> u short WB? 15:42 [i just got back a little while ago] 14.5 range on er2 today so far 15:43 dont get that very much <DaveK51> 15.5 15:44 <les> ah, yes u right <WannaBeBOS> i was short les <les> ok, how much:) 15:45 <WannaBeBOS> 10 points on the slide <les> nice <WannaBeBOS> 3 on the pop <NihabaAshi> Reminder -> Today's #FuturesTrades trade logs and discussions along with archived trade logs are posted @ http://www.thestrategylab.com/RecentTrades.htm (logs will be updated tonight by 9pm est to current) <WannaBeBOS> nice day :) <DaveK51> extremely nice <WannaBeBOS> thanks <NihabaAshi> We don't get too many days like today...strong uptrend and then a mega downtrend. 15:46 <WannaBeBOS> after 2 days of chop...we were due <les> tomorrow we sleep <NihabaAshi> Yep. #FuturesTrades Purpose -> No gurus here, no signal calling by a head trader and no intentions to educate. This room is being used as either a realtime trade journal of real (money) trades or simulator (paper) trades and to see what trades are being posted by others. Also, if you mimick the trades of others...it's at your own risk. 15:48 <les> Shorts ER2 @ 740.9 «« paper »» 15:54 <NihabaAshi> Trade Posting Script -> The colorful posted trades you see in here is available for free to any registered member of #FuturesTrades. To become a member of #FuturesTrades...follow the instructions at http://www.thestrategylab.com/FuturesTradesChatRoom 15:55 <les> Covered 1/3 ER2 Short @ 740.6 --> + 0.3 «« paper »» 16:01 Covered 1/3 ER2 Short @ 740.6 --> + 0.3 «« paper »» 16:02 Covered Remainder ER2 Short @ 740.3 --> + 0.6 «« paper »» 16:08 <NihabaAshi> Take care all and see all tomorrow. 16:22 * NihabaAshi is now known as NihabaAshi_away Sponsors: QCharts #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, IWM, QQQQ, SPY) * DisconnectedSession Close: Tues Mar 21st 16:46:53 2006 Trader's
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ER2 EuroFX EC +3.00 +0.0202 $300.00 $2,525.00 Trading Perspective: Last few trading days I've been taking some extra risk and haven't been rewarded for such.
Therefore, today I went back to my "inside game" sort'uv speak and took trade signals that appeared at/near the release of a key economic report and I was rewarded very nicely/
Also, today's profits offset Friday's losses.
Today's results shown above are that of NihabaAshi only. To see his total accumulated points for this month...click here. To see results for for past months...click here.
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
Exchange Traded Funds SPY, QQQQ, IWM and DIA
NYMEX Energies Light Crude Oil CL, e-miNY QM and Natural Gas NG
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...
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