#FuturesTrades March 24th Monday 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: Mon Mar 24 09:38:27 2008Session Ident: #FuturesTrades
* Now	talking in #FuturesTrades	09:38
<X>	[NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
<KN-ES>	Exited 1C ES Long @ 1340 --> + 3	09:39
	Exited 1C ES Long @ 1341.50 --> + 4.5	09:40
<eminitrader>	Shorts ES @ 1342
<KN-ES>	Exited 1C ES Long @ 1342 --> + 5	09:41
	s.l 35
<eminitrader>	nice one kh
<KN-ES>	thanks
	Exited 1C ES Long @ 1341 --> + 4	09:42
	h7
<trendpimp>	good start
<robert>	Shorts ES @ 41.25
<KN-ES>	sl. up --- > 37	09:43
	0.00
	Exited 1C ES Long @ 1343 --> + 6
<NihabaAshi>	Good morning all...no trading today for me because I'm installing new trading software and upgrades...want to make sure it all works smoothly on a low volatility trading day like today.	09:44
<KN-ES>	Exited 1C ES Long @ 1343 --> + 6
	sell limit to exit ES long @ 1338	09:47
	+1.00
	h 5
	Exited ES Long @ 1341.50 --> + 4.5	09:48
	Reverse and Enter Short ES @ 1341.50
	s.l 1343
	Covered 3/4 ES Short @ 1340 --> + 1.5	09:49
<eminitrader>	Covered 2/3 ES Short @ 1340 --> + 2
<KN-ES>	Covered 2C ES Short @ 1340.50 --> + 1
<szubaark>	Nice emini
<eminitrader>	thx szu...think was in a bit too early...
	on hindsight shld have waited
<robert>	Covered 1/2 ES Short @ 41 --> + 0.25	09:50
<KN-ES>	Covered ES Short @ 1341.50 --> 0
	Reverse and Enter Long ES @ 1341.50
<eminitrader>	Covered Remainder ES Short @ 1342 --> 0
<KN-ES>	Exited 3/4 ES Long @ 1342.50 --> + 1
<trendpimp>	omg, the es so like 10x more liquid than the commodore64 YM, haha	09:51
	i think im gonna give ES a try
<eminitrader>	Shorts ES @ 1343	09:52
<KN-ES>	Exited 2C ES Long @ 1343 --> + 1.5
	Exited 1C ES Long @ 1345.50 --> + 4	09:53
<eminitrader>	Shorts ES @ 1345 -> Add
<robert>	Shorts ES @ 44.50 -> Add
<KN-ES>	Exited ES Long @ 1344.50 --> + 3
	Reverse and Enter Short ES @ 1344.50
<robert>	Covered 1/2 ES Short @ 43.50 --> + 1
<KN-ES>	s.l 44.50
<rickf>	short es 43.75	09:54
<KN-ES>	Covered 3/4 ES Short @ 1343.50 --> + 1
<eminitrader>	this is a key area ...SP 1344 ...needs to see if it will go thru or fall back...
	Covered 1/2 ES Short @ 1342 --> + 3
<rickf>	exit 1/2 es 1342 +1.75	09:55
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)
<KN-ES>	Covered 1C ES Short @ 1342.50 --> + 2
	Covered ES Short @ 1343 --> + 1.5	09:57
	Reverse and Enter Long ES @ 1343
	Exited 3/4 ES Long @ 1344 --> + 1
<rickf>	exit remainder es 43.50 +,25	09:58
<KN-ES>	Exited 1C ES Long @ 1344.50 --> + 1.5	09:59
<MarketDelta>	PREVIEW: FEB EXISTING HOME SALES EXPECTED AT 10:00AMET- Consensus expectations at 4.85Me v 4.89M prior
<KN-ES>	Exited 1C ES Long @ 1348 --> + 5	10:00
<MarketDelta>	*FEB EXISTING HOME SALES: 5.03M V 4.85ME
	- no revision to prior 4.89M<XHB>
<eminitrader>	Shorts ES @ 1348
<KN-ES>	Exited 1C ES Long @ 1348.50 --> + 5.5
	Exited 1C ES Long @ 1349 --> + 6	10:01
	h3	10:02
	sl 43 0.00
<Spartan>	nery nice kn
	very
	i meant
<rickf>	short es 1349	10:03
<KN-ES>	thank Spartan
<szubaark>	yup nice Longs KN
<rickf>	vn kn
<eminitrader>	yep nice trading :))
<KN-ES>	thanks
<Spartan>	Shorts ES @ 1348 «« paper »»
	oops
<trendpimp>	feds arent happy about MG offering triple price for Bear Stearns recent news this morning	10:04
<Spartan>	Covered Remainder ES Short @ 1348 --> 0 «« paper »»
	I meant
	Shorts ES @ 1348.75 «« paper »»
	Covered all ES Short @ 1350.75 --> - 2 «« paper »»	10:05
<eminitrader>	Covered all ES Short @ 1350.50 --> - 2.5
<KN-ES>	Exited 1C ES Long @ 135.50 --> - 1207.5	10:06
	Exited 1C ES Long @ 1350.00 --> + 7
<szubaark>	Parabolic one way action so far, havent seen it in a while.
<rickf>	exit 1/2 es 1348 +2
<KN-ES>	add 2 48.25	10:07
<eminitrader>	Shorts ES @ 1350
<KN-ES>	out both 50.00 + 1.50	10:08
	+1.75
<Spartan>	Shorts ES @ 1350 «« paper »»	10:10
<eminitrader>	stops in....... be back
<KN-ES>	Exited 1C ES Long @ 1351.00 --> + 8	10:11
	tp 53.50
	h1
	sl. 45 +2.00
<Spartan>	Covered all ES Short @ 1352 --> - 2 «« paper »»	10:12
<KN-ES>	Exited Remainder ES Long @ 1353.50 --> + 10.5	10:13
	we shold see 63.50	10:14
<eminitrader>	Covered all ES Short @ 1352 --> - 2
	late post
<KN-ES>	Long ES @ 1352.75
	Exited 3/4 ES Long @ 1353.75 --> + 1	10:15
<eminitrader>	Shorts ES @ 1354
<Spartan>	is the dax trading or is my connection down
<szubaark>	Europe is closed
<KN-ES>	Exited ES Long @ 1352.75 --> 0
	Reverse and Enter Short ES @ 1352.75
<Spartan>	thanks szu	10:16
<szubaark>	probobly the reason for this parabolic upmove LOL
<KN-ES>	Covered 3/4 ES Short @ 1350.75 --> + 2
<eminitrader>	Covered 1/2 ES Short @ 1351 --> + 3
<KN-ES>	Covered 1C ES Short @ 1351.00 --> + 1.75	10:17
<eminitrader>	Covered Remainder ES Short @ 1352 --> + 2
<KN-ES>	Covered 1C ES Short @ 1350.25 --> + 2.5	10:19
	Covered ES Short @ 1351.25 --> + 1.5	10:20
	Reverse and Enter Long ES @ 1351.25
<Spartan>	Long ES @ 1352 «« paper »»
<eminitrader>	Shorts ES @ 1352
<KN-ES>	Exited ES Long @ 1351.00 --> - 0.25	10:21
	Reverse and Enter Short ES @ 1351.00
<Spartan>	Exited all ES Long @ 1350 --> - 2 «« paper »»	10:23
<KN-ES>	Covered 3/4 ES Short @ 1349.50 --> + 1.5
<Spartan>	Shorts ES @ 1350 «« paper »»	10:24
<KN-ES>	Covered 1C ES Short @ 1350.00 --> + 1
<eminitrader>	Covered 1/2 ES Short @ 1350 --> + 2
<KN-ES>	Covered ES Short @ 1350.25 --> + 0.75	10:25
	Reverse and Enter Long ES @ 1350.25
	s.l 48.25
<eminitrader>	Shorts ES @ 1351 -> Add	10:26
<trendpimp>	long 351 ES	10:27
<MarketDelta>	So far the trend is up. Shorts have less probability to succeed. Better is buying pullbacks.	10:31
<eminitrader>	Covered all ES Short @ 1351.50 --> 0
<trendpimp>	out 351.75, +.75
<KN-ES>	Exited 3/4 ES Long @ 1351.25 --> + 1
<Spartan>	md, yeah fighting the trend usually kicks me everytime	10:32
	Covered all ES Short @ 1352 --> - 2 «« paper »»
<KN-ES>	Exited 1C ES Long @ 1351.75 --> + 1.5
<rickf>	JPM raised bid for BSC from $2 to $10/sh this morning	10:33
<MarketDelta>	last night
<KN-ES>	last nt
	:)
<eminitrader>	Long ES @ 1351
<rickf>	< late
<KN-ES>	Exited 1C ES Long @ 1352.25 --> + 2	10:34
<MarketDelta>	MARKET INTERNALS UPDATE AT 10:30AMET
	- NASDAQ volume 460M shares, about 1% below its six-month average; advancers lead decliners by 3.2:1.
<KN-ES>	Exited 1C ES Long @ 1353.25 --> + 3	10:35
<Spartan>	Long ES @ 1353 «« paper »»	10:36
<eminitrader>	Exited 1/3 ES Long @ 1353 --> + 2
<trendpimp>	short 353	10:37
	out 354, -1	10:39
<KN-ES>	Exited 1C ES Long @ 1354.25 --> + 4
<eminitrader>	mrkt flow confirms a high probability creeper uptrend till the pm
	Long ES @ 1353 -> Add	10:40
<trendpimp>	short 353.25
	doubletop	10:41
<KN-ES>	Exited ES Long @ 1353.25 --> + 3
	Reverse and Enter Short ES @ 1353.25
<eminitrader>	Long ES @ 1353 -> Add	10:42
<KN-ES>	Covered ES Short @ 1353.75 --> - 0.5
	Reverse and Enter Long ES @ 1353.75
<eminitrader>	hld 20
<MarketDelta>	statisticlly dbl top doesn't work
	better to wait on trend reversal	10:43
<KN-ES>	Exited 1/4 ES Long @ 1354.75 --> + 1
<trendpimp>	out 353.75, -75
<KN-ES>	Exited 1/4 ES Long @ 1356.25 --> + 2.5	10:44
<eminitrader>	Exited 1/4 ES Long @ 1356 --> + 3
<MarketDelta>	simple, in trending market, it will be five false dbl tops before right one will occur
<Spartan>	exit stop set ES @ 1355 «« paper »»
<trendpimp>	usuaully works for me most of the time, statisicallyspeaking
<MarketDelta>	on S@C in one of previous year issues, it was analysis of dbl tops/bottoms in past 10 years	10:46
	it did not work
* subq	updated market profile charts for today - http://www.charthub.com/chart/search/mpc hart
<Spartan>	Exited all ES Long @ 1355 --> + 2 «« paper »»	10:47
	finally, geez
<KN-ES>	Exited ES Long @ 1355.25 --> + 1.5
	Reverse and Enter Short ES @ 1355.25
<MarketDelta>	ofcourse, current dbl top is not longer dbl top
	and this is a problem of dbl tops	10:48
<Spartan>	Shorts ES @ 1354.75 «« paper »»
<KN-ES>	Covered 3/4 ES Short @ 1354.25 --> + 1	10:49
	should touch 52.75	10:51
	Covered 1C ES Short @ 1353.75 --> + 1.5	10:52
<eminitrader>	Exited Remainder ES Long @ 1354 --> + 3	10:54
<MarketDelta>	sometime during the day we should see pullback to 1345.00
<eminitrader>	Long ES @ 1354	10:55
	10 lot
<trendpimp>	long es 254.25
	err, 54.25
<KN-ES>	Covered 2C ES Short @ 1353 --> + 2.25	10:57
	51?!?
<MarketDelta>	1350.50 is today's POC
	(based on volume)	10:58
<KN-ES>	Covered 1C ES Short @ 1352.75 --> + 2.5
<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	10:59
<KN-ES>	Covered ES Short @ 1353.25 --> + 2	11:00
	Reverse and Enter Long ES @ 1353.25
	s.l -2
<Spartan>	exit stop set ES @ 1354.75 «« paper »»
<trendpimp>	out 353, -1.25exit 353.75, reverse	11:02
<KN-ES>	Exited ES Long @ 1352.75 --> - 0.5	11:03
	Reverse and Enter Short ES @ 1352.75
	s.l -2
	Covered 1/2 ES Short @ 1351.75 --> + 1	11:04
<Spartan>	exit stop set ES @ 1352.75 «« paper »»	11:05
<MarketDelta>	1349.50 - 50.50 first support	11:06
<trendpimp>	out 351.75, +1
	my bad, +2
<eminitrader>	Long ES @ 1352 -> Add	11:07
<futurible>	eminitrader, do you tradind with real money?	11:08
<Spartan>	Covered all ES Short @ 1352.75 --> + 2 «« paper »»	11:10
<eminitrader>	yep
<KN-ES>	add 52.50
	Covered 1/4 ES Short @ 1351.75 --> + 1	11:11
<Spartan>	Long ES @ 1352.25 «« paper »»	11:12
<MarketDelta>	2nd support 1343.50-44.75
	but if we break 2nd support, probability for trend chabge increasing
<futurible>	your account must be very big for trading with more of 10 contracts	11:13
<MarketDelta>	depends of point of view fut
<KN-ES>	Covered ES Short @ 1352.25 --> + 0.5
	Reverse and Enter Long ES @ 1352.25
	sz
<eminitrader>	well this session on a strong trend ...so good risk reward ...thats why large size	11:14
<futurible>	ok,thanks
<eminitrader>	actually hld 20 not 10
<MarketDelta>	emini, but on the begining of the sesioin, you was going against the trend	11:15
<KN-ES>	Exited 1/2 ES Long @ 1353.75 --> + 1.5
<trendpimp>	long 353.5
<KN-ES>	sl -2
<eminitrader>	no the trend was confirmed at around 10 :15 est ...well at least for me
	before that it was trying to brek thru res...as i staed 1344 area	11:16
<MarketDelta>	understand
<eminitrader>	once it broke thru that ,,,and then on the testing of thsose highs price action confirmed a trend in the up direction ..at least for this morn session	11:17
	here we go mrkt delta ..my earlier post ..	11:18
	[10:41] <eminitrader> mrkt flow confirms a high probability creeper uptrend till the pm
	be back guys...stops in...looking like the mrkt is overbought	11:20
<MarketDelta>	volume POC is moved to 1353.00	11:21
<KN-ES>	Exited all ES Long @ 1352.5 --> + 0.25	11:22
	its not going anywhere
	s.l -2
<MarketDelta>	so far with this high POC - price is accepted
<KN-ES>	51 was in my calculation
	it touched 51
	then locked between 53.75 and 51	11:23
	it may go as low as 37.50
	but will try 63.50, i guess, later	11:24
<MarketDelta>	I think thos scenarion will not happen
	the issue is, when price reach 37.50, institutional volume will be on sell side	11:25
<silo>	hey why is your name marketdelta
	just curious
<MarketDelta>	and will not allow for price to comeback
<KN-ES>	Covered ES Short @ 1352.75 --> - 0.5	11:26
	Reverse and Enter Long ES @ 1352.75
	s.l -2
<MarketDelta>	silo, I got it from my mom :)
<silo>	the parent company of marketdelta?	11:27
	:)
<KN-ES>	Exited 1/2 ES Long @ 1354.75 --> + 2	11:29
<eminitrader>	Exited 1/2 ES Long @ 1354.50 --> + 2.5	11:30
	Exited Remainder ES Long @ 1354 --> 0	11:38
	:((	11:39
<Spartan>	exit stop set ES @ 1354.25 «« paper »»	11:40
<KN-ES>	Exited 1/4 ES Long @ 55.75 --> - 1297
	?
	Exited 1/4 ES Long @ 1355.75 --> + 3
	Exited 1C ES Long @ 1356.25 --> + 3.5
	Exited 1C ES Long @ 1358.25 --> + 5.5	11:42
	Exited 1C ES Long @ 1358 --> + 5.25	11:43
<Spartan>	exit stop raised ES @ 1355.25 «« paper »»
<V_trader>	Shorts YM @ 12603 -> large size	11:45
	Covered 2/3 YM Short @ 12593 --> + 10	11:47
	exit stop moved to breakeven YM @ 12603
<KN-ES>	Exited ES Long @ 1356 --> + 3.25	11:48
	Reverse and Enter Short ES @ 1356
<Spartan>	Exited all ES Long @ 1355.25 --> + 3 «« paper »»
<KN-ES>	s.l -2
<V_trader>	Covered 1/3 YM Short @ 12583 --> + 20	11:51
	exit stop lowered YM @ 12593	11:52
* codehead_afk	is now known as codehead
<MarketDelta>	U.S. MARKET UPDATE
<Spartan>	Long ES @ 1354.25 «« paper »»	11:56
<KN-ES>	no trades ...... just maket updates .... flood...	11:59
<MarketDelta>	MARKET INTERNALS UPDATE AT 12:00PMET	12:02
	- NASDAQ volume 900M shares, inline with its six-month average; advancers lead decliners by 3.2:1.
<trendpimp>	hate deadzone
<V_trader>	Covered Remainder YM Short @ 12579 --> + 24	12:03
<KN-ES>	nice trade V_trader	12:05
<Spartan>	pop or drop time
<KN-ES>	most likely drop	12:06
	:)
<MarketDelta>	agree
<KN-ES>	looking a t 47.50	12:07
<MarketDelta>	just 54.00 bid needs to be taken
<Spartan>	gold dropping
<V_trader>	ty	12:09
<KN-ES>	Covered 1/2 ES Short @ 1354 --> + 2
<Spartan>	Wonder if ER2 will hold 700?	12:15
<V_trader>	Shorts YM @ 12588 -> small size	12:19
<MarketDelta>	short 56.75	12:24
<V_trader>	Covered 1/2 YM Short @ 12578 --> + 10	12:29
	exit stop moved to breakeven YM @ 12588
	Covered Remainder YM Short @ 12588 --> 0	12:30
<Spartan>	exit stop set ES @ 1356.25 «« paper »»
* fierce	shorts ES 1358.25... double top	12:33
<Spartan>	Exited all ES Long @ 1356.25 --> + 2 «« paper »»	12:36
	Long ES @ 1358 «« paper »»	12:38
	Thikns its time for new highs	12:39
<trendpimp>	double top on ES, seems like.. il lwait for the break abiove to go long	12:41
<Spartan>	es trying digest 2.5% gains	12:43
<MarketDelta>	Exited ES long @1358.75 --> -2
<trendpimp>	long, 1358, exit 1359.5, +1.5	12:44
	short 1359	12:45
	cover 1359.25, -.25	12:49
* fierce	exits ES short -2.00	12:51
<Spartan>	Exited all ES Long @ 1360 --> + 2 «« paper »»	12:52
<fierce>	nicely done Spartan
<Spartan>	thanks
	should have taken 61, but got greedy
	lost first three, won last 5, I think it is time for lunch	12:54
<MarketDelta>	Shorts ES @ 1358.75	12:59
<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	13:02
<anglo>	short 58.25	13:07
<Spartan>	Shorts ES @ 1358 «« paper »»	13:09
<anglo>	stop at 60
<trendpimp>	is it me or are we already pass R3 ???!	13:10
<Spartan>	looks kind of week right now	13:11
	might not last long though
<trendpimp>	short 358
<V_trader>	smart money loves to paoint a pretty picture with the charts	13:12
<Spartan>	indeed
<V_trader>	Shorts YM @ 12607 -> medium size	13:15
<szubaark>	this thing feels way Overbought, could drop just as fast LOL	13:17
<trendpimp>	then merrilly screw u big time	13:18
<V_trader>	Covered 2/3 YM Short @ 12597 --> + 10
	exit stop moved to breakeven YM @ 12607
<trendpimp>	short stop 1356.75	13:19
	buystop 139.5	13:22
	359.5
<V_trader>	Trailing Stop Hit YM @ 12607 --> 0	13:23
<fierce>	trying for another double top... lol
<trendpimp>	yea, me too now, haha	13:24
<Andy>	Long ER2 @ 703.2 «« paper »»	13:39
	Exited 3/4 ER2 Long @ 703.7 --> + 0.5 «« paper »»	13:40
<Nesi>	Shorts ER2 @ 703.50	13:41
<Andy>	Exited Remainder ER2 Long @ 703.3 --> + 0.1 «« paper »»
<Nesi>	Shorts YM @ 12593	13:44
<Spartan>	market making me earn this one
	breaking 57 is gonna be key	13:46
<szubaark>	Definetly not a Scalping day LOL	13:47
<anglo>	lower stop 59.25
<trendpimp>	OUT 358.75, -.75	13:50
<Nesi>	Shorts YM @ 12605 -> Add	13:52
<anglo>	stopped -1	13:53
<Spartan>	Covered all ES Short @ 1359 --> - 1 «« paper »»	13:54
	Long ES @ 1258.75 «« paper »»
<Nesi>	Shorts YM @ 12600	13:55
<anglo>	long 59 stop 56.75	13:59
<Spartan>	Exited all ES Long @ 1256.75 --> - 2 «« paper »»	14:02
<rickf>	short es 37.25
<Spartan>	Shorts ES @ 1356.75 «« paper »»
<anglo>	stopped -2.25
<rickf>	er 57.25
<Nesi>	Shorts YM @ 12590 -> Add	14:05
<trendpimp>	short 1356	14:06
<werner>	hi all	14:09
<rickf>	hi werner
<futurible>	Hi werner
<Spartan>	waddup
<rickf>	exit 1/2 es 55.25 +2	14:10
<szubaark>	hey werner	14:11
<KN-ES>	Long ES @ 1355.50
	sz
	s.l -2	14:12
<futurible>	Long ER2 @ 702 «« paper »»
<Andy>	Long ER2 @ 702.1 «« paper »»	14:13
<KN-ES>	Exited 1/4 ES Long @ 1356.50 --> + 1	14:14
<Andy>	Exited 2/3 ER2 Long @ 702.5 --> + 0.4 «« paper »»
	Exited Remainder ER2 Long @ 701.9 --> - 0.2 «« paper »»	14:15
<KN-ES>	Exited ES Long @ 1355.50 --> 0
	Reverse and Enter Short ES @ 1355.50
	s.l -2
<futurible>	Exited ER2 Long @ 702.1 --> + 0.1 «« paper »»	14:16
	Reverse and Enter Short ER2 @ 702.1 «« paper »»
<KN-ES>	Covered ES Short @ 1355.75 --> - 0.25
	Reverse and Enter Long ES @ 1355.75
<Andy>	Long ER2 @ 702.2 «« paper »»	14:17
<futurible>	Covered all ER2 Short @ 702.9 --> - 0.8 «« paper »»	14:18
<KN-ES>	Exited 1/2 ES Long @ 1356.75 --> + 1
<Andy>	Exited 1/3 ER2 Long @ 702.8 --> + 0.6 «« paper »»
<trendpimp>	does the ES usually moves this slow?
<Andy>	Exited 1/3 ER2 Long @ 702.3 --> + 0.1 «« paper »»	14:19
<MarketDelta>	Covered all ES Short @ 1356.75 --> +2
<futurible>	Long ER2 @ 702.5 «« paper »»
<MarketDelta>	low volume today	14:21
	(futures)	14:22
<futurible>	Exited 1/2 ER2 Long @ 703.5 --> + 1 «« paper »»	14:23
<KN-ES>	Exited 1/4 ES Long @ 1356.75 --> + 1	14:24
<futurible>	Exited Remainder ER2 Long @ 703.0 --> + 0.5 «« paper »»
<KN-ES>	nice trade futurible
<futurible>	thanks,KN	14:25
<KN-ES>	was looking for a big bounce	14:26
	not working. glad took out 3/4th	14:27
<trendpimp>	short 357
	exit 356.5, +.5	14:28
<Andy>	Exited Remainder ER2 Long @ 704 --> + 1.8 «« paper »»	14:29
<KN-ES>	Exited 1C ES Long @ 1357.75 --> + 2	14:30
	nice....
	b/q
	b/o
	low vol. is killing everything	14:33
<szubaark>	they could drop it just as fast LOL
<KN-ES>	anyone with a mid size order can move the market now, i guess	14:34
<MarketDelta>	also they can try to move as high as possible becouse of low volume, trades on vacation etc	14:36
<szubaark>	they already went thru Major Resistance like it wont there
	wasnt
<Andy>	Shorts ER2 @ 703.9 «« paper »»	14:37
<KN-ES>	s.l -2
<Andy>	Covered 2/3 ER2 Short @ 703.2 --> + 0.7 «« paper »»	14:38
<KN-ES>	nice
	trade Andy	14:39
<Andy>	thanks KN
	Covered Remainder ER2 Short @ 703.7 --> + 0.2 «« paper »»
<KN-ES>	perfect for scalping	14:40
	some should teach them a lesson
	some one i mean
<futurible>	Long ER2 @ 703.9 «« paper »»
	Exited 1/3 ER2 Long @ 704.5 --> + 0.6 «« paper »»	14:42
<MarketDelta>	Short ES @ 1358.00	14:43
<futurible>	Exited Remainder ER2 Long @ 704.8 --> + 0.9 «« paper »»	14:44
<Spartan>	Covered all ES Short @ 1358.75 --> - 2 «« paper »»
<trendpimp>	long 358.25	14:45
<Spartan>	Long ES @ 1358.25 «« paper »»
	Exited all ES Long @ 1356.25 --> - 2 «« paper »»	14:47
<KN-ES>	ym is moving much much beter
	Exited all ES Long @ 1356.75 --> + 1
<lumenPharmer>	wow end of the quarter crank fest, glad i took my stops in the morning
<KN-ES>	long 56.25	14:48
	rev 56
<szubaark>	lumen you said it LOL
<KN-ES>	fill 55.75
<lumenPharmer>	;)
<KN-ES>	out 1/2 55.25 + 0.5	14:49
<rickf>	exit remainder es 1354.75 +2.5	14:50
<KN-ES>	out 1 54.75 + 1.00
	out 1 54.75 + 1.00
<szubaark>	nice rickf, KN
<KN-ES>	h3
<rickf>	thx szu - took a while
<KN-ES>	thanks	14:51
	out 1 54.25 + 1.50
<robert>	Long ES @ 54.75 «« paper »»
<KN-ES>	rev 54.75 / out long 1.00
<rickf>	figures now things pick up i have to head out. :(
	good luck all, see you tomorrow
<KN-ES>	rev 54.5 .25	14:52
	rev 1/2 54 +.5	14:53
	s.l 54.75
	rev 54.25	14:55
	lng
	s.l 53.25
<fierce>	NQ on support, should hold, if not watch out
<KN-ES>	rev 53.75
<MarketDelta>	Covered 2/3 ES Short @ 1353.50 --> +4.50
<KN-ES>	s.l 55.25	14:56
<Andy>	Long ER2 @ 700.9 «« paper »»	14:57
<KN-ES>	out 1/2 52.75 + 1.00	14:58
<robert>	Long ES @ 52.75 -> Add «« paper »»
	Exited 1/3 ES Long @ 54 --> + 1.25 «« paper »»
<KN-ES>	out 1/4 52.75 + 1.00
	add 253.75	14:59
	2
<Andy>	Exited 3/4 ER2 Long @ 701.5 --> + 0.6 «« paper »»
	Exited Remainder ER2 Long @ 700.8 --> - 0.1 «« paper »»
<KN-ES>	out 2 52.75 + 1.00
<robert>	Long ES @ 53 -> Add «« paper »»	15:00
<KN-ES>	out 1 52.75 + 1.00	15:01
	h 1
<robert>	Exited 1/2 ES Long @ 54 --> + 1 «« paper »»
<KN-ES>	rev 53.25	15:02
<Spartan>	Long ES @ 1353.50 «« paper »»
<KN-ES>	otu 2/3 54.25 + 1.00	15:03
	sl. 52.25
<robert>	Exited 1/4 ES Long @ 53.50 --> - 1.25 «« paper »»	15:04
<KN-ES>	add 252.50
	out 2 53.50 + 1.00	15:05
	add 2 53
<MarketDelta>	Covered reminder ES Short @ 1352.25 --> +5.75	15:08
<KN-ES>	rev 52.25
<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
<Spartan>	Exited all ES Long @ 1351.50 --> - 2 «« paper »»
	Shorts ES @ 1351.50 «« paper »»
<fierce>	nice short trade Market Delta
<MarketDelta>	thx	15:09
<futurible>	Long ER2 @ 700.5 «« paper »»
<KN-ES>	s.reve 52.25
	53.25
	s.l 52.25
<Spartan>	Covered all ES Short @ 1353.50 --> - 2 «« paper »»	15:10
<futurible>	Exited 1/2 ER2 Long @ 701.5 --> + 1 «« paper »»	15:11
<MarketDelta>	at the moment we have retrcement from the short side
<KN-ES>	out 1/2 54.25 + 1.00
	out 1 55.25 +2.00	15:12
<futurible>	Exited Remainder ER2 Long @ 701.5 --> + 1 «« paper »»
<Spartan>	Shorts ES @ 1354.50 «« paper »»
<KN-ES>	rev 54.50
	s.l 55.50
	.4	15:13
<Nesi>	Shorts ER2 @ 701.00 -> Add
<pdays>	Long ES @ 1354.0	15:14
<Andy>	Long ER2 @ 701.1 «« paper »»
<KN-ES>	hit an dout
<Andy>	Exited 1/2 ER2 Long @ 701.5 --> + 0.4 «« paper »»
<KN-ES>	lng 54.550	15:15
	54.75 fill
<robert>	Exited Remainder ES Long @ 55.75 --> + 1 «« paper »»	15:16
<KN-ES>	out 1/2 55.75 + 1.00
	s.l 53.75
<Andy>	Exited Remainder ER2 Long @ 702.1 --> + 1 «« paper »»
<KN-ES>	yes resistance here	15:17
<Spartan>	Covered all ES Short @ 1356.50 --> - 2 «« paper »»
<KN-ES>	wrong window
	sorry	15:18
<pdays>	Exited all ES Long @ 1356.25 --> + 2.25
<KN-ES>	out 1 55.75 + 2.00	15:20
	out 1 55.5 + 1.75	15:21
	out llng +1.75
	sl. 56.75	15:22
<Spartan>	Shorts ES @ 1354.50 «« paper »»
<KN-ES>	out 1/2 54.50 + 1.00	15:23
	this may be the turning point .......... trend change	15:25
<robert>	Long ES @ 53.50 «« paper »»	15:26
<KN-ES>	out 1 53.50 + 2.00
	h3	15:27
<robert>	Exited 1/3 ES Long @ 54.50 --> + 1 «« paper »»
	Exited 1/3 ES Long @ 53.50 --> 0 «« paper »»	15:29
	Exited Remainder ES Long @ 52.50 --> - 1 «« paper »»
WRB Analysis	Learn More
<futurible>	Shorts ER2 @ 699.2 «« paper »»	15:30
<KN-ES>	out 1 51.50 + 4.00
<robert>	Long ES @ 52 «« paper »»	15:31
	Exited 1/3 ES Long @ 51 --> - 1 «« paper »»
	Exited 1/3 ES Long @ 53 --> + 1 «« paper »»	15:32
<MarketDelta>	well, total net buys - sells lots > 199 contracts is on the minus side right now
<KN-ES>	add 53.50
<futurible>	Covered all ER2 Short @ 699 --> + 0.2 «« paper »»	15:33
<KN-ES>	otu all 53.50 53 + .50	15:34
<Andy>	Long ER2 @ 699.3 «« paper »»
<robert>	Exited Remainder ES Long @ 54.25 --> + 2.25 «« paper »»
<KN-ES>	rev 53.75
<Andy>	Exited 3/4 ER2 Long @ 700.1 --> + 0.8 «« paper »»	15:35
<KN-ES>	rev 53.50
<MarketDelta>	MARKET INTERNALS UPDATE AT 3:30PMET
	- NASDAQ volume 1.84B shares, about 2% above its six-month average; advancers lead decliners by 2.8:1.
<Andy>	Exited Remainder ER2 Long @ 699.3 --> 0 «« paper »»
<futurible>	Shorts ER2 @ 699 «« paper »»
<KN-ES>	out 3/4 51.50 + 2.00
	out 1 52.50 +1.00	15:37
	rev 52.75
	lz
	s.l 50.75	15:38
	add 51.50	15:39
	lzout all (-5) 53 + 1.50	15:40
	rev 52.50	15:41
	+ 1.00
<szubaark>	Lets see if they dump it last half hour	15:42
<trendpimp>	symm triangle
	whose betting breakup or break down? lol
<KN-ES>	breakdown
	:)
<Spartan>	Im short
<szubaark>	you forgot, CHOP :))	15:43
<MarketDelta>	no betting on my side
	no setup, no entry
<KN-ES>	holding big :)
<Andy>	this is the kind of price action that wears the enamel off your teeth :)
<MarketDelta>	not really
	price is logical, but just slow	15:44
<trendpimp>	more like wears the profit off in my account
<Andy>	haha
<szubaark>	i agree, tough creeper "uptrend"
<KN-ES>	out all (-5) 51.50 + 1.00
<trendpimp>	i put a straddle order above and below and wait...
<KN-ES>	s.l 53.75
	cool	15:45
<futurible>	Covered 1/2 ER2 Short @ 698 --> + 1 «« paper »»
<Andy>	nice call KN
<KN-ES>	out 1 50.50 + 2.00
	thanks
<szubaark>	good thing is we dont get many days like today	15:46
<KN-ES>	only if it can hold on
	cannt take a bounce anymore, dont have any energy left
	another
<MarketDelta>	you are trading alot KN	15:47
<futurible>	Covered Remainder ER2 Short @ 698.9 --> + 0.1 «« paper »»
<KN-ES>	:)
	add 52
	i m bored
<Spartan>	if there is another move down from here, I expect it to be a good size one
<futurible>	SORRY
<MarketDelta>	being bored is not a good advisor in trading	15:48
<futurible>	Covered Remainder ER2 Short @ 697.9 --> + 1.1 «« paper »»
<KN-ES>	out all 52 50 + 2.00
	works for me somehow
<Nesi>	Covered all ER2 Short @ 697.50 --> + 11906	15:49
<KN-ES>	out 1 49.50 + 3.00
<Nesi>	wrong
<szubaark>	Nice Short Nesi
<Nesi>	Covered all YM Short @ 12537 --> + 63
<Andy>	vn Nesi
<KN-ES>	rev 49.50 / out all + 3.00	15:51
	sz
	s.l. 48.50
<robert>	wtg Kn	15:53
<KN-ES>	:)
	out 1/2 50.50 + 1.00	15:54
	that b/e
	now see where it goes
	52 again	15:55
	?
<szubaark>	low volume and they know it	15:59
<MarketDelta>	ok guys, have a good afternoon
<trendpimp>	phuked up day =P
<KN-ES>	finally 52	16:00
<Spartan>	Covered all ES Short @ 1352.50 --> + 2 «« paper »»	16:01
	tough day for me, too many losers, and left too much on the table
<KN-ES>	out all 53.00 .................. + 3.00	16:02
	done for the day
	nop
	out all 53.00 .................. + 3.50	16:03
	done
	good trading to all, see you all tomorrow
<szubaark>	messed up day
<sb>	aye...i got faked out on that attempt to reverse short	16:04
<Brutus>	gn all	16:40
<werner>	gn all	16:45
<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	17:14
* sep34	is now known as sep34_away	17:16
* DisconnectedSession	Close: Mon Mar 24 22:44:23 2008	22:44
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