#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 22nd Thursday 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

+41.40 +0.0000

$4,140.00 $0.00

Key Market Event Tendencies

Profit/Loss Statement

The FOMC rate announcement brings many profitable trading opportunities even if you choose not to trade on the FOMC day itself.

These profitable opportunities involves market seasonal tendencies and intraday market tendencies that have been repetitive for many years.

However, to discover these repetitive price actions your going to need to have access to historical price data of your trading instrument and access to historical FOMC info for correlating with your charts.

The above link, when you change the numbers in the url, will give you data going back to January 2005.

I have my own data that has been accumulated since the mid 1990's...enough data to know when to increase my position size and when to decrease my position size as I did today as shown in the chat log below.

However, I'm going to give you a big hint...examine and do statistical analysis on the three day price action before the FOMC announcement and three day's of price action that occurs after the FOMC announcement on all the back data you can find.

Eventually I plan on offering a new product for TheStrategyLab.com that involves particular key market events in which I'll give all the data, statistical work, market tendencies developed from my research and how to trade it along with position size management information.

Anyways, I increased my position size above my normal large size position in my first Short position and then doubled the position size in my second Short position.

Later in the p.m. trading session I dropped my position size dramatically to just a few contracts.

Archived Past Results: To see my 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 produce big price movement as the result of other key trading instruments in its own market or within other markets (intermarket analysis).
You can view the charts and a few clues that's associated with the key price action at our key market archives.


#FuturesTrades purpose, benefits and access info...click here.

Session Start: Thu Mar 22 09:29:55 2007Session 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

<RussellDaytrade> Shorts ER2 @ 817 «« paper »» 09:30

Covered 1/4 ER2 Short @ 815.5 --> + 1.5 «« paper »» 09:31

<NihabaAshi> Shorts ER2 @ 816.00 -> large size

<RussellDaytrade> Covered 1/4 ER2 Short @ 815.1 --> + 1.9 «« paper »»

Covered 1/4 ER2 Short @ 815.3 --> + 1.7 «« paper »» 09:33

Covered all ER2 Short @ 815.3 --> + 1.7 «« paper »»

<pat255> what a push yesterday.. 09:34

wonder we may outdo the yesterday.. 09:36

<NihabaAshi> Shorts ER2 @ 815.20 -> Add 09:38

:( 09:40

stopped out

Covered all ER2 Short @ 815.90 --> - 0.6 09:41

Shorts ER2 @ 815.30 -> large size 09:42

Double up on the contracts...

<Brutus> Expecting ES to close the gap soon

<NihabaAshi> That stop out made me mad because I have the direction correct. 09:45

<PapaJon> that happens to me too often

messes with my psychie

<NihabaAshi> What made me more mad was that I had some problems reshorting at 816.00 09:46

By the time I got my order right...it was about 815.30 - 815.40

Covered 1/2 ER2 Short @ 813.00 --> + 2.3 09:47

<pat255> vn ...made up...

<NihabaAshi> :) 09:49

<pdays> Long YM @ 12528

<szubaark> Buys NQ @ 1819.50 «« paper »» 09:53

Volatility desclining and news in 5 minutes 09:54

<Brutus> Long ES @ 1444 «« paper »» 09:56

exit stop set ES @ 1442 «« paper »» 09:58

<NihabaAshi> Covered ER2 Short @ 812.00 --> + 3.3 10:00

Holding 3 contracts

<pat255> wtg...niha

not trading @office..:( 10:01

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)

<NihabaAshi> An easy trade...all the marbles lined up including the stars in the sky :)

<pat255> lol

<werner> gm all 10:04

<RussellDaytrade> Long ER2 @ 812.2 «« paper »» 10:06

Exited all ER2 Long @ 811.6 --> - 0.6 «« paper »» 10:07

Long ER2 @ 811.9 «« paper »» 10:08

<jperl> ER2 VWAP 813.71 10:10

<RussellDaytrade> Exited 1/4 ER2 Long @ 812.9 --> + 1 «« paper »»

<Chilly> Long ES @ 1445.00 «« paper »»

<RussellDaytrade> Exited 1/4 ER2 Long @ 813.1 --> + 1.2 «« paper »»

Exited 1/4 ER2 Long @ 813 --> + 1.1 «« paper »» 10:11

Exited all ER2 Long @ 813.4 --> + 1.5 «« paper »»

<Brutus> Exited 1/4 ES Long @ 1446.25 --> + 2.25 «« paper »»

<Chilly> Exited 1/3 ES Long @ 1446.25 --> + 1.25 «« paper »»

<szubaark> Chilly nice entry 10:14

<NihabaAshi> Two key FED speakers speaking today at 12pm est and 1:30pm est.

<jperl> ER2 @ VWAP 813.65

time for a break 10:15

<Chilly> thanks Szu

<NihabaAshi> We will either get some good volatility spikes or unusual declining volatility as the opposite extreme.

<Chilly> Exited 1/3 ES Long @ 1447.00 --> + 2 «« paper »»

<NihabaAshi> We also have a pending 1030am est EIA Natural GAS Report. 10:16

<Chilly> exit stop set ES @ 1445.00 «« paper »»

<jperl> trades so far.....

<NihabaAshi> Sometimes day are movers and other times they are not.

<jperl> http://charts.dacharts.com/2007-03-22/JP ERL_014.png 10:17

<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)

<Chilly> Trailing Stop Hit ES @ 1445.00 --> 0 «« paper »» 10:19

<Brutus> One of the contracts I am long 1444 will be a overnight swing trade to exit around 10am tomorrow.

<pat255> later guys back to work...ty all 10:22

<RussellDaytrade> Long ER2 @ 811.9 «« paper »» 10:28

<Brutus> 1444 was an add back to full position long

<RussellDaytrade> Exited all ER2 Long @ 811.8 --> - 0.1 «« paper »» 10:30

<eminitrader> Long ES @ 1443.50 10:31

<szubaark> watching 1443 on ES as Support 10:33

<eminitrader> flow being bearish ...see major support 38 area 10:34

may chop and breakdown

Exited all ES Long @ 1443.50 --> 0 10:35

* codehead_afk is now known as codehead 10:37

<szubaark> Exited all Long NQ at 1814.50 --> - 5 «« paper »» 10:38

wasnt meant to be

<eminitrader> tricky trade at this level... 10:39

didn't want to take a chance

<szubaark> starting to look like a creeper downtrend.. slowly controlled and manipulated 10:42

<eminitrader> :))

cld go either way szu...no mans land here ...or may just chop 10:43

<NihabaAshi> Energies and Gold held their support on that push down when the Eminis got involved :(

<eminitrader> thats bad for stocks right ? 10:44

<NihabaAshi> Not sure because I don't have access to stock data except the Exchange Traded Funds.

<eminitrader> k...

<NihabaAshi> I was gambling that the support would break to clear the way down to 810.00 10:45

<eminitrader> yep my supp was 807-809 ...for a bounce 10:46

may still get there :)) 10:47

<NihabaAshi> Probably especially since I've lost my patience with ER2 when the other key markets found support to prevent losing their gains.

<eminitrader> true...nq was in a free-fall ...prolly that pulled down the ES and ER 10:48

<Brutus> I'm still long 10:54

exit stop set ES @ 1441 «« paper »»

<eminitrader> never know B ...may work out :) 10:55

<RussellDaytrade> lowering your stops B?

<Brutus> saw some bullish signs, give it a little 10:56

<NihabaAshi> Same here...looking to dump my remainders of the Short.

Covered Remainder ER2 Short @ 811.70 --> + 3.6

Holding 1 contract 10:57

<Brutus> I had the day as narrow range, chop, bearish in the morning bullish 1030 to 1300 10:58

<NihabaAshi> Covered Remainder ER2 Short @ 811.50 --> + 3.8 11:00

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> i like the bearish in the morning portion, the morning session has an hour - to - two remaining, perhaps it exhibits more giveback. my t = 809.08 11:01

actually, if i use the 818.7 of the pre-open, the t = 810.52, which was fulfilled. in which case, its more likely it may go up. 11:05

<Brutus> Exited ES Long @ 1441 --> - 3 «« paper »» 11:07

still holding the swing long 11:08

Bet ya its the low tick :(

<RussellDaytrade> what price?

<Brutus> 1444

<RussellDaytrade> the bounces are weak realtive to their usual behavior, the er that is, thus far, hopefully it manifests in a break of 810. :) 11:10

re-booty time 11:24

<X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY) 11:29

<eminitrader> Shorts ES @ 1444.75 11:32

Covered 1/3 ES Short @ 1443.75 --> + 1 11:47

Covered Remainder ES Short @ 1445.75 --> - 1 11:59

<RussellDaytrade> Shorts ER2 @ 814.8 «« paper »» 12:08

Covered 1/4 ER2 Short @ 814.2 --> + 0.6 «« paper »» 12:24

Covered 1/4 ER2 Short @ 814 --> + 0.8 «« paper »» 12:25

<NihabaAshi> Forex EurUsd and EuroFX EC dumping. 12:32

<RussellDaytrade> Covered 1/4 ER2 Short @ 813.9 --> + 0.9 «« paper »» 12:35

<Brutus> Does that mean the USD is declining against the Euro?

<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) 12:41

<RussellDaytrade> Covered all ER2 Short @ 814.5 --> + 0.3 «« paper »» 12:48

<Brutus> Heres some pivots to try on - down till 1400 up until the close. 12:57

<NihabaAshi> [12:35] <Brutus> Does that mean the USD is declining against the Euro? 13:05

Rising against the Euro

* asuni55 is now known as asuni12 13:06

<Brutus> OK thx

* asuni55 is now known as asuni12 13:07

<RussellDaytrade> t = 808.28 13:27

<NihabaAshi> Shorts ER2 @ 811.70 -> small size 13:36

:(

<Brutus> Long ES @ 1444.5 «« paper »» 13:37

Exited all ES Long @ 1445.5 --> + 1 «« paper »» 13:40

should test 1440 again

1444

Shorts ES @ 1445.75 «« paper »» 13:41

<NihabaAshi> Shorts ER2 @ 812.60 -> Add 13:42

<Brutus> Covered ES Short @ 1445.75 --> 0 «« paper »» 13:43

<eminitrader> Shorts ES @ 1446.25 13:45

<Brutus> Shorts ES @ 1446.25 «« paper »» 13:46

Covered 1/2 ES Short @ 1445.25 --> + 1 «« paper »» 13:50

<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)

<Brutus> Covered all ES Short @ 1447 --> - 0.75 «« paper »» 14:00

<Chilly> Long ES @ 1446.75 «« paper »»

<NihabaAshi> Covered ER2 Short @ 813.70 --> - 2

Reverse and Enter Long ER2 @ 813.70

reversed into a 3 contract position 14:01

<Chilly> Exited 1/2 ES Long @ 1447.75 --> + 1 «« paper »»

Exited 1/4 ES Long @ 1447.25 --> + 0.5 «« paper »» 14:03

exit stop set ES @ 1446.25 «« paper »» 14:05

<NihabaAshi> Exited all ER2 Long @ 814.50 --> + 2.7 14:16

That's incorrect...

<pat255> back....vn niha

<Chilly> exit stop raised ES @ 1446.75 «« paper »»

<NihabaAshi> It's only +0.80

<Chilly> Trailing Stop Hit ES @ 1446.75 --> 0 «« paper »» 14:20

<NihabaAshi> Shorts ER2 @ 813.80 -> small size 14:21

Shorts ER2 @ 814.00 -> Add 14:22

I got an ADD zone up to 814.20 14:23

If needed...will add another contract at 814.20 or higher.

Shorts ER2 @ 814.30 -> Add 14:28

Covered ER2 Short @ 814.30 --> - 0.5 14:33

Reverse and Enter Long ER2 @ 814.30

Exited all ER2 Long @ 814.50 --> + 0.4 14:41

Geeesh...wrong again...

Not sure what's up with the script code this afternoon.

+0.20 and not +0.40

Shorts ER2 @ 814.30 -> medium size 14:54

Ooopss.

That's a 3 contract small size...not a medium 14:55

Will keep it small from 1-3 contracts for the remainder of the trading day.

<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) 15:02

<Chilly> Shorts ES @ 1447.00 «« paper »»

<NihabaAshi> Covered 2/3 ER2 Short @ 813.60 --> + 0.7 15:03

Covered Remainder ER2 Short @ 813.70 --> + 0.6

Sponsor:
Skype

<Chilly> Covered all ES Short @ 1446.75 --> + 0.25 «« paper »» 15:05

<NihabaAshi> I'm calling it a day after playing around int the creeper price action. 15:07

<Brutus> EMT ru still short? whats your target? 15:21

<eminitrader> 1/2 at 1444.25 ...will hold the rest

missed it by a tick :(( 15:22

Covered 1/2 ES Short @ 1444.25 --> + 2 15:24

<RussellDaytrade> you still looking for a rally into the close B?

<Brutus> No got the move down and up 15:25

<RussellDaytrade> yeah, it seems to have taken a detour. a close near the unch line may be taken as a positive by some. 15:26

<Brutus> Thats right, bigger picture is still bullish to me, what do you think EMT? 15:29

<eminitrader> true ...but expecting a pullback tomorow....es at major res 50-52 15:30

<RussellDaytrade> the bears need to produce some bad news overnight to get 'em down a little 15:32

<jperl> pretty rough day.....here are the trades.... 15:33

http://charts.dacharts.com/2007-03-22/JP ERL_015.png

<RussellDaytrade> net 350 less comm looks like to me. a huge winner in there. i thought you were gonna let 'em win one for a change. looks like you came out on top again. wtg. 15:36

<jperl> yes...but it was not a "clean" trading day....lots of difficulties

<RussellDaytrade> no doubt, sometimes those can provide a sense of satisfaction, in that you overcame those difficulties, and sharpen your focus in directing you towards your preffered strats. 15:38

<Brutus> OK Im looking for a possible spike up (then down) into that zone in the AM (maybe the 10:00 existing home sales) 15:45

<eminitrader> Covered Remainder ES Short @ 1446.25 --> 0 15:51

<werner> gn all 15:57

<ItalianSharp> russell, good points 16:03

<RussellDaytrade> yes IS 16:05

<DevilDog> nite all 16:09

<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) 16:11

<NihabaAshi> Take care all 16:54

* DisconnectedSession Close: Thu Mar 22 16:54:35 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.