#FuturesTrades March 25th Tuesday 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: Tue Mar 25 09:17:12 2008Session Ident: #futurestrades
* Now	talking in #futurestrades	09:17
<X>	[NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
<eminitrader>	Exited 1/3 ES Long @ 1353 --> + 2
<NihabaAshi>	Goo morning all
<silo>	morning nini	09:18
<Bambam-77>	consumer conf at 10 est
<anglo>	gm
<Pat>	gm N em & others
<T-stop>	gm all
<Andy>	gm	09:19
<MarketDelta>	gm
<futurible>	gm all	09:20
<Bambam-77>	looking for re test of hi	09:21
<MarketDelta>	bigger chance of retest lows first	09:22
<rickf>	gm
<werner>	gm all	09:23
<Bambam-77>	current pos is long at 50.25	09:24
<PrinceProll>	trin-nyse	09:25
<Bambam-77>	3 lots 1 off at 1.25 and another at +2.5 runner left
	break even +	09:26
<eminitrader>	Exited Remainder ES Long @ 1351 --> 0	09:27
<Pat>	vn em..good start
<PapaJon>	gm all	09:28
<eminitrader>	thx pat
<Bambam-77>	51 area has to hold or long toast
	addg at 51.25 same stp 50.50	09:29
<drt>	gm all	09:30
<Bambam-77>	flat	09:31
<NihabaAshi>	Oil and Gold bullish out of the gate	09:33
<szubaark>	Buys ES @ 1348.75 «« paper »»	09:34
<robert>	Long ES @ 48 «« paper »»	09:35
	Exited all ES Long @ 50.25 --> + 2.25	09:36
<NihabaAshi>	Long ER2 @ 698.90 -> medium size
<Nesi>	Shorts ER2 @ 699.60	09:37
<szubaark>	Exited all Long ES at 1350.75 --> + 2 «« paper »»
<Spartan>	nice szu
<szubaark>	thanks
<NihabaAshi>	I had a chance to grab that Long @ 697.50 and hesitated too long :(	09:38
<eminitrader>	Shorts ES @ 1352
<robert>	Shorts ES @ 51.50
<Nesi>	Shorts ER2 @ 701.00 -> Add	09:39
<nqcruiser>	i am out on ES too
<MarketDelta>	Short ES @ 1352.50
<NihabaAshi>	Exited 3/4 ER2 Long @ 701.20 --> + 2.3
<szubaark>	Nice Niha.	09:40
<robert>	Shorts ES @ 53.50 -> Add
<Bambam-77>	55.50 would be nice trgt then 57 area	09:41
<eminitrader>	Shorts ES @ 1354 -> Add
	Shorts ES @ 1355.50 -> Add	09:42
<nqcruiser>	my shorts on ES not working
<MarketDelta>	Exited ES @ 1356.50 --> -4
<Bambam-77>	we have p&F res at the 57 area	09:43
<robert>	Shorts ES @ 56 -> Add
<Bambam-77>	protect longs
<eminitrader>	yep bb heavy res that area
<nqcruiser>	57 gr8 place to short	09:44
<Bambam-77>	lets see if we have another leg up
	for trgt
	swing stp set at 52.75 area	09:45
<NihabaAshi>	Exited Remainder ER2 Long @ 704.10 --> + 5.2
<nqcruiser>	i am not ready with my system for realtime
<Pepe>	very nice Niha	09:46
<futurible>	vn Niha
<Nesi>	Shorts ER2 @ 703.00 -> Add
<Andy>	Shorts ER2 @ 703 «« paper »»
	Covered 2/3 ER2 Short @ 702.6 --> + 0.4 «« paper »»	09:48
<robert>	Covered 1/3 ES Short @ 53.25 --> + 2.75	09:49
<nqcruiser>	short es
<Nesi>	short YM 12545
<robert>	Covered 1/3 ES Short @ 52.50 --> - 1
	+1
<Andy>	Covered Remainder ER2 Short @ 701.9 --> + 1.1 «« paper »»
<Spartan>	Long ES @ 1352.75 «« paper »»	09:50
	Exited all ES Long @ 1350.75 --> - 2 «« paper »»	09:51
<eminitrader>	Covered 1/4 ES Short @ 1351 --> + 4.5	09:52
<szubaark>	nice emini
<Nesi>	Shorts ER2 @ 701.00 -> Add
<eminitrader>	thx szu	09:53
	Covered 1/4 ES Short @ 1349 --> + 3
<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
<robert>	Covered Remainder ES Short @ 49.75 --> + 1.75	09:54
<Nesi>	fwiw, i plan to let my shorts run till close, my hard stop for my er is 705.00	09:55
	also my YM short from 13545
	hard stop for YM 13545 fwiw
<Andy>	consumer confidence in 4 min	09:56
<szubaark>	Buys ES @ 1348.75 «« paper »»
<Nesi>	thanx Andy
<Andy>	np
<Spartan>	must not be too confident	10:00
<eminitrader>	Covered 1/4 ES Short @ 1343 --> + 9
<MarketDelta>	*MAR CONSUMER CONFIDENCE: 64.5 V 73.5E	10:01
	- Prior Consumer Confidence revised from 75.0 to 76.4
	*JAN HOUSE PRICE INDEX M/M: -1.1% V -0.2% PRIOR
<robert>	wtg emini
<eminitrader>	thx r
<Nesi>	Shorts ER2 @ 697.00 -> Add	10:02
<eminitrader>	still hld 5
<Nesi>	ugly day in the making..IMHO
<lumenPharmer>	need to see what the bounce is like	10:04
	if volume gets light they could walk it right back up
	i hate end of the quarter ;)	10:05
<Nesi>	so far no big bounce	10:06
	so probably another drop in the making..imo
<eminitrader>	SP 1344 supp area ...es strugling to hold around here	10:08
	cld very well see a sizeable bounce off here
<lumenPharmer>	or we flatline and everbody starts drinking way to early ;P	10:09
<fierce>	perhaps a small triangle will form here
<Nesi>	if we dont bounce soon, i feel another hard drop..imo	10:10
<lumenPharmer>	they pulling us back into the chop, 700er,1351es,1820nq	10:16
<Nesi>	like a magnet :)
<eminitrader>	Shorts ES @ 1348 -> Add	10:17
<Andy>	Shorts ER2 @ 699.8 «« paper »»
	Covered 3/4 ER2 Short @ 699 --> + 0.8 «« paper »»	10:20
	Covered Remainder ER2 Short @ 698.3 --> + 1.5 «« paper »»	10:21
<Nesi>	nice Andy
<Andy>	thanks Nesi
<eminitrader>	Covered all ES Short @ 1348 --> + 4
<Spartan>	Shorts ES @ 1347.75 «« paper »»	10:22
<eminitrader>	Shorts ES @ 1348	10:24
<nqcruiser>	eminitrader rocks
	I have datafeed probs with iqfeed	10:25
	and will dump them on monday
<lumenPharmer>	anybody trade the Hang Seng mini's ever?
<rep1acs>	i watched for a while, not even traded it
	r u trading the hang seng ?	10:26
<nqcruiser>	which market offers it hang send
	is it on CmE
<lumenPharmer>	they trade from 8-2 my time, hard to trade while the kids are awake
<rep1acs>	i watched the big contract
	it's really wild
<szubaark>	Exited all Long ES at 1347.75 --> - 1 «« paper »»	10:27
<lumenPharmer>	i think you can trade it trough IB
<szubaark>	Shorts ES @ 1347.75 «« paper »»
<rep1acs>	up and down 50ticks for fun
<lumenPharmer>	on cme
	yes rep1, crazy moves
<Nesi>	i see no power so far..	10:28
<eminitrader>	yep ...but the good thing is its not wild...pa indicating a high probability of the dorection of the flow
	Covered 2/3 ES Short @ 1345 --> + 3	10:29
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)
<Nesi>	feels to me ES magnet is 1340 more probably..imo
<eminitrader>	mid 30 if not lower i think
<szubaark>	we also have Open gap from Yersturday
<eminitrader>	thats true too szu and one more in the 1280 area :)	10:30
<Spartan2>	got disconnected and it still shows I am here?
<Nesi>	yes
<eminitrader>	may not happen today ...but good to keep in mind :)
<Nesi>	u here
<Bambam-77>	es could come down to 1334 area	10:31
* Spartan2	is now known as Spartan
<nqcruiser>	my ema's r cross down
	so i expect a big move down
	whether it happens or not
<Spartan>	Shorts ES @ 1347.75 «« paper »»
	from before
<eminitrader>	SP next support 1327 area ...with gap fill @ 1324 ...good chance of the gap being filled
<nqcruiser>	i am planning to short rallies
<Nesi>	pressure on downside getting bigger now...imho	10:32
	you can say i am biased today and that is not a good thing :/	10:33
<nqcruiser>	bearish / bullish?
<Nesi>	bear
<Spartan>	bear early, bull later possible	10:34
<lumenPharmer>	it seems the mini hang seng, olny traded on hong kong futs exchange, so you need to use interactive B, bummer ;(
<Nesi>	[09:55] <+Nesi> fwiw, i plan to let my shorts run till close, my hard stop for my er is 705.00
	[09:55] <+Nesi> also my YM short from 13545
	i stick to my guns
	then again, i can change my mind too..but so far, nothing changed	10:35
<nqcruiser>	emini what time was your initial short
	the 1 where u booked 9 pts	10:36
<eminitrader>	time ?
<Spartan>	hang seng is like er2 on crack cocaine
	scares me personally
<nqcruiser>	time in EST	10:37
<eminitrader>	k ..here we go ..[09:38] <eminitrader> Shorts ES @ 1352
<Bambam-77>	retest of low here
<eminitrader>	good trading all...done for the day ..will hld the remaing till my targets r hit ..stop at b/e	10:38
<Nesi>	nice emini
<lumenPharmer>	lol spartan, its all good if you can get the fills you need
<Spartan>	good trading emini, hope to be at your level someday
<lumenPharmer>	i will talk with IB, and let u know how it goes	10:39
<Bambam-77>	wtg mini i more of a swinger still holding ss and trailing last lot
<lumenPharmer>	lets see if we get a lower low	10:41
<Bambam-77>	stp taken out goal met done for the day
<nqcruiser>	emini my system had a short at 9h42 at 57	10:42
	but due to datafeed
	i could not take it
<lumenPharmer>	lol 8 bars to go down, 1 to go up, its hard to be a short with these jokers	10:44
<Spartan>	Covered all ES Short @ 1347.75 --> 0 «« paper »»	10:45
	:(
<szubaark>	that was nasty spike	10:46
<Spartan>	got greedy	10:47
<Andy>	Shorts ER2 @ 701.4 «« paper »»	10:48
<Spartan>	Long ES @ 1348 «« paper »»	10:49
<Andy>	Covered 1/2 ER2 Short @ 700.5 --> + 0.9 «« paper »»
<nqcruiser>	short ES	10:51
<Spartan>	Exited all ES Long @ 1346 --> - 2 «« paper »»	10:53
<Andy>	Covered Remainder ER2 Short @ 701.3 --> + 0.1 «« paper »»
<nqcruiser>	we should re-test prior low at 43
<szubaark>	maybe they want hit 1360 before down	10:54
<nqcruiser>	out of short
<Andy>	Shorts ER2 @ 701.6 «« paper »»	10:55
<Spartan>	Long ES @ 1347.75 «« paper »»
<Andy>	Shorts ER2 @ 701.7 «« paper »»	10:56
	Covered 1/2 ER2 Short @ 700.9 --> + 0.8 «« paper »»	10:57
<Spartan>	Exited all ES Long @ 1345.75 --> - 2 «« paper »»
<szubaark>	pretty choppy here
<Spartan>	Shorts ES @ 1347 «« paper »»	10:58
<Andy>	Covered Remainder ER2 Short @ 701.5 --> + 0.2 «« paper »»	11:01
<szubaark>	tough trading environment so far this week
<Spartan>	Covered all ES Short @ 1349 --> - 2 «« paper »»
	yeah, getting killed the last two days	11:02
	need to re-examine my head
<szubaark>	thats the thing, they change the game often	11:03
	need to adjust with the quickness of a jet fighter pilot
	Covered all Short ES at 1350 --> - 2.25 «« paper »»	11:04
	Buys ES @ 1350 «« paper »»
<nqcruiser>	i miss the long signal at 10:57	11:05
	short ES
<szubaark>	Exited all Long ES at 1349.50 --> - 0.5 «« paper »»	11:06
	Shorts ES @ 1349.50 «« paper »»
<nqcruiser>	plse go down to pappie	11:07
	Zhu a nice long was at 57 but it didnt take it
<Spartan>	Shorts ES @ 1349 «« paper »»	11:08
<szubaark>	hopefully dumps from here	11:11
<Spartan>	yea, see if I can get one to go my way today	11:12
<nqcruiser>	i am out
<szubaark>	yersturday we had a Brutal Creeper Uptrend and today this chop
<Spartan>	digesting big down move that emini cleaned up on	11:13
	Covered all ES Short @ 1351 --> - 2 «« paper »»	11:15
<pdays>	Shorts ER2 @ 701.9	11:16
	Covered all ER2 Short @ 700.4 --> + 1.5	11:17
<nqcruiser>	short es
<V_trader>	Shorts YM @ 12491 -> large size	11:18
<Spartan>	Shorts ES @ 1348.50 «« paper »»
<V_trader>	Covered 2/3 YM Short @ 12481 --> + 10	11:19
	exit stop moved to breakeven YM @ 12491
<szubaark>	Hopefully we get low of day test	11:20
<V_trader>	Trailing Stop Hit YM @ 12491 --> 0	11:25
<Spartan>	Covered all ES Short @ 1350.50 --> - 2 «« paper »»	11:27
<nqcruiser>	Spartan i am long	11:29
<szubaark>	[10:17] <nqcruiser> short es	11:30
	thought u were Short?
<Spartan>	market seems screwy right now	11:31
	gonna go walk the dog
<KN-ES>	Long ER2 @ 701.10	11:32
	Exited 1/2 ER2 Long @ 701.40 --> + 0.3
	Exited 1/4 ER2 Long @ 701.50 --> + 0.4	11:33
	s.l 701.1	11:34
	Exited 1C ER2 Long @ 701.70 --> + 0.6
	Exited 2C ER2 Long @ 701.60 --> + 0.5	11:35
	hit and out 0.00
	Long ER2 @ 701	11:36
	Exited 1/2 ER2 Long @ 701.60 --> + 0.6
	Exited 2C ER2 Long @ 701.50 --> + 0.5	11:37
	s.l 701
<Andy>	Shorts ER2 @ 701.2 «« paper »»
<KN-ES>	s.l 699.80
	799.80
	hit and out 0.00
	nop	11:38
	-0.20
<Andy>	Covered 2/3 ER2 Short @ 700.4 --> + 0.8 «« paper »»	11:39
<KN-ES>	Long ER2 @ 700.30
	s.l 700.00	11:40
	Exited 1/2 ER2 Long @ 700.80 --> + 0.5
	hit and out 0.00	11:41
	Long ER2 @ 700.10
	s.l 699.60	11:42
	Exited 1/2 ER2 Long @ 700.60 --> + 0.5
	s.l 700.10	11:43
	Exited 1/4 ER2 Long @ 700.70 --> + 0.6	11:44
	h3
<V_trader>	Shorts YM @ 12502 -> small size
<Andy>	Covered Remainder ER2 Short @ 700.9 --> + 0.3 «« paper »»	11:45
<KN-ES>	hit and out 0.00	11:46
<Andy>	:(
<V_trader>	Covered 1/2 YM Short @ 12902 --> - 400
	Covered 1/2 YM Short @ 12492 --> + 10
<szubaark>	Vtrader nice trades
<V_trader>	exit stop moved to breakeven YM @ 12502	11:47
	ty
<KN-ES>	Long ER2 @ 699.50
	Exited 1/2 ER2 Long @ 700.00 --> + 0.5	11:48
	s.l 699
<brotherofjared>	Short ER2 699.40 (paper)	11:49
<KN-ES>	hit and out 0.00
	-.5
<V_trader>	Covered 1/2 YM Short @ 12482 --> + 20	11:50
	exit stop lowered YM @ 12492
<KN-ES>	Long ER2 @ 698.50	11:51
	Exited 1/2 ER2 Long @ 699.20 --> + 0.7
	s.l 698
<brotherofjared>	Covered all ER2 @ 698.5 +.9 paper..:(
<V_trader>	Trailing Stop Hit YM @ 12492 --> + 10
<KN-ES>	Exited 1/4 ER2 Long @ 699.50 --> + 1	11:52
	Exited 2C ER2 Long @ 700.10 --> + 1.6
	h2	11:53
	s.l 698.50
	0.00
<brotherofjared>	Long ER2 700.2 (paper)
<Spartan>	Shorts ES @ 1350.25 «« paper »»	11:55
<KN-ES>	Exited all ER2 Long @ 699.50 --> + 1
<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	11:56
<brotherofjared>	Covered ER2 Long 699.30 -.9 (paper)	11:57
* codehead_afk	is now known as codehead	11:58
<MarketDelta>	U.S. MARKET UPDATE	11:59
<KN-ES>	wb MarketDelta	12:05
<Spartan>	Covered all ES Short @ 1350.25 --> 0 «« paper »»
<KN-ES>	Shorts ER2 @ 699.80	12:06
	Covered all ER2 Short @ 700.30 --> - 0.5	12:07
<Spartan>	Long ES @ 1351 «« paper »»	12:08
<MarketDelta>	Short ES @ 1351.25
<KN-ES>	Shorts ER2 @ 700.50
	s.l 701
<Andy>	Shorts ER2 @ 700.9 «« paper »»	12:11
<KN-ES>	nice call Andy
<Andy>	thnaks KN...we'll see if it works out
<KN-ES>	should work, volume is not there, but its going up and up......strange
	here we go	12:12
<Andy>	Covered 3/4 ER2 Short @ 700.5 --> + 0.4 «« paper »»
<KN-ES>	Shorts ER2 @ 700.60
	s.l 701.10	12:13
	Covered 1/2 ER2 Short @ 700.10 --> + 0.5
	Covered 1C ER2 Short @ 700 --> + 0.6	12:14
	Covered ER2 Short @ 700.60 --> 0	12:16
	Reverse and Enter Long ER2 @ 700.60
	Exited 1/2 ER2 Long @ 700.10 --> - 0.5
	no
	Exited 1/2 ER2 Long @ 701.10 --> + 0.5
<Andy>	Covered Remainder ER2 Short @ 700.7 --> + 0.2 «« paper »»
<KN-ES>	Exited 2C ER2 Long @ 701.10 --> + 0.5	12:17
<Andy>	Shorts ER2 @ 701.1 «« paper »»
<KN-ES>	Exited 1C ER2 Long @ 701.70 --> + 1.1	12:18
<Andy>	Covered all ER2 Short @ 701.7 --> - 0.6 «« paper »»
<szubaark>	Covered all Short ES at 1353.25 --> - 3.75 «« paper »»
<KN-ES>	Exited 1C ER2 Long @ 701.60 --> + 1
<szubaark>	Buys ES @ 1353.25 «« paper »»
<KN-ES>	s.l 700.60h2	12:19
	s.l 700.60
	h2
<szubaark>	will hold for frikin Highs
<KN-ES>	:)
<Andy>	Shorts ER2 @ 701.5 «« paper »»
	Covered all ER2 Short @ 701.6 --> - 0.1 «« paper »»	12:23
	:(	12:24
<KN-ES>	Exited ER2 Long @ 701 --> + 0.4
	Reverse and Enter Short ER2 @ 701
	Covered 1/2 ER2 Short @ 707.50 --> - 6.5
	nop	12:25
	Covered 1/2 ER2 Short @ 700.50 --> + 0.5
	s.l 701.50
	Covered 2C ER2 Short @ 700.70 --> + 0.3
	Covered ER2 Short @ 700.80 --> + 0.2	12:26
	Reverse and Enter Long ER2 @ 700.80
	Exited 1/2 ER2 Long @ 701.30 --> + 0.5
	s.l 700.60
<MarketDelta>	Covered ES @ 1353.75 --> -2.5	12:27
<KN-ES>	Exited 1/4 ER2 Long @ 701.80 --> + 1
<szubaark>	geez, slow, controlled upsdie creep
<KN-ES>	s.l 700.80	12:28
	0.00
<Spartan>	Exited all ES Long @ 1354 --> + 3 «« paper »»	12:29
<KN-ES>	Exited 1C ER2 Long @ 702.60 --> + 1.8
<szubaark>	nice Spartan
<Spartan>	thanks
<szubaark>	u breakeven after this?
<Spartan>	needed that one to keep my sanity
<V_trader>	Shorts YM @ 12528 -> medium size	12:30
<Spartan>	still down today
<V_trader>	Covered 2/3 YM Short @ 12518 --> + 10
<szubaark>	i know those 2-3 Point licks add up fast :(
<V_trader>	exit stop moved to breakeven YM @ 12528
<Spartan>	yea, need to learn to take a walk when things are not going right	12:31
<V_trader>	market cant beat you, only you can beat you:0
<szubaark>	or just do what the Pros do, add double, triple Contracts to end up positive for day LOL
<Spartan>	if I do that, I would be completely grey headed by the time I am 30	12:32
	lol
	well put vtrader
<KN-ES>	srt YM 12.16	12:33
	12516
<szubaark>	comes with experience, for now need to struggle to make money 1 contract
<KN-ES>	Exited ER2 Long @ 701.60 --> + 0.8
	Reverse and Enter Short ER2 @ 701.60
	s.l YM 12531	12:34
	Covered all ER2 Short @ 701.60 --> 0	12:35
	need a break
<V_trader>	Covered 1/2 YM Short @ 12508 --> + 20	12:37
	exit stop lowered YM @ 12518
	Trailing Stop Hit YM @ 12518 --> + 10	12:40
<jsbach->	anyone use iqfeed?
<MarketDelta>	yes	12:42
	everythin OK on my side
<V_trader>	Shorts YM @ 12520 -> small size
	Covered 1/2 YM Short @ 12510 --> + 10	12:45
	exit stop moved to breakeven YM @ 12520
	Trailing Stop Hit YM @ 12520 --> 0	12:47
<Spartan>	Long ES @ 1354.25 «« paper »»
<jsbach->	k, thanks
<Spartan>	too early on the breakout	12:48
	should be some sqeezing if this works out	12:50
<Andy>	Shorts ER2 @ 703.5 «« paper »»	12:51
<V_trader>	Shorts YM @ 12535 -> small size
<Andy>	this is a bull market
	probably should sit on my hands	12:52
	Covered 1/2 ER2 Short @ 703 --> + 0.5 «« paper »»
<V_trader>	Covered 1/2 YM Short @ 12525 --> + 10	12:53
	exit stop moved to breakeven YM @ 12535
<Andy>	Covered 1/4 ER2 Short @ 703 --> + 0.5 «« paper »»	12:54
<V_trader>	Trailing Stop Hit YM @ 12535 --> 0
	Shorts YM @ 12530 -> large size	12:56
<szubaark>	Exited all Long ES at 1353.25 --> 0 «« paper »»	12:58
	Shorts ES @ 1353.25 «« paper »»
<V_trader>	Covered 2/3 YM Short @ 12520 --> + 10	12:59
	exit stop moved to breakeven YM @ 12530
<Spartan>	Exited all ES Long @ 1352.25 --> - 2 «« paper »»	13:00
	Shorts ES @ 1352.75 «« paper »»
<szubaark>	days like today really test you as a Trader
<Spartan>	yep
<Andy>	Covered Remainder ER2 Short @ 702.6 --> + 0.9 «« paper »»	13:01
<szubaark>	ive had great weeks and last week of the month gave it all back due to the wacko Price Action	13:02
<NihabaAshi>	!voiceall	13:04
	-X- Syntax: SHOWCOMMANDS <#channel>
	-X- Use: Used to list all available commands to in the specified
	-X- channel. If no channel is specified, you will only get
	-X- level 0 commmands shown.
	-X- Example: /msg X SHOWCOMMANDS #help
<V_trader>	Covered 1/2 YM Short @ 12510 --> + 20	13:05
<Spartan>	Covered all ES Short @ 1351.75 --> + 1 «« paper »»
	-X- Invalid Character.
<V_trader>	exit stop lowered YM @ 12520
<Andy>	here!
<V_trader>	Covered Remainder YM Short @ 12510 --> + 20	13:07
<Spartan>	Long ES @ 1351.75 -> large size «« paper »»
	-X- The Command [ voiceall ] is not a proper command.	13:15
	-X- Please ensure you typed it correctly.
<Spartan>	Exited 1/2 ES Long @ 1353.75 --> + 2 «« paper »»	13:24
	exit stop set ES @ 1351.75 «« paper »»
<MarketDelta>	murphy law	13:25
<Spartan>	?
<MarketDelta>	twice posted here and twice losers
<Spartan>	gotcha
<MarketDelta>	wait
	checking trades today
	5 times not posted here, 5 winners	13:26
	it means
	market wacky a bit
<NihabaAshi>	MarketDelta...if this room is a distraction...its OK to just lurk and manage your trades
<Spartan>	as long as you are winning
<MarketDelta>	I try to post good trades here
<Spartan>	that is what is important
<MarketDelta>	no
<silo>	make sure you dont hide the bad trades :P
<MarketDelta>	just I think market is difficult today
<silo>	just kidding
<MarketDelta>	overall I'm 5.06 pts (after commision) based on lot I'm trading today	13:27
	this is the story today
	the overall volume (net buys-net sells) is close to 0 right now	13:28
<Andy>	MD, your choosing your only losing trades to post is not a unique experience :)
<MarketDelta>	but big lots (>199 contracts), are on the minus side (-13k)
	it makes price action wacky	13:29
<V_trader>	Shorts YM @ 12530 -> small size
<MarketDelta>	what look certain, it is not cerain today
	MARKET INTERNALS UPDATE AT 12:00PMET	13:30
	- NASDAQ volume 885M shares, about 1% below its six-month average; advancers lead decliners by 1.1:1.
<Spartan>	thanks for the update
<MarketDelta>	yw	13:31
<Andy>	Shorts ER2 @ 703.5 «« paper »»	13:33
<V_trader>	Covered Remainder YM Short @ 12540 --> - 10
<Andy>	Covered all ER2 Short @ 704.2 --> - 0.7 «« paper »»
<MarketDelta>	whole day I was working short side today
<Andy>	dumb trade :(	13:34
<MarketDelta>	but at the moment, no more sgorts for me
	shorts
<Spartan>	my signs tell me that we are in a up trend right now
<V_trader>	Shorts YM @ 12541 -> medium size
<MarketDelta>	I have conflicting view, so just watching
	just 2 charts on the same rotation frame and each one tell me a different story	13:36
<Pepe>	MarketDelta do you use Market profile?
<Spartan>	watching 3 es charts 2-5-15
	nasty candle from this morning, gone	13:37
<MarketDelta>	not too much, just for overview on big time frame	13:38
	but I have open MP all the time
<V_trader>	they are trying to run all these stops
<Spartan>	wonder if emini stopped out?	13:39
<szubaark>	probobly, he uses 1-2 Point Stops
<V_trader>	Covered 2/3 YM Short @ 12531 --> + 10
<szubaark>	BEcause his entries are Precise.
<V_trader>	exit stop moved to breakeven YM @ 12541
<Spartan>	it amazes me
<szubaark>	He owns the ES	13:40
<MarketDelta>	but at some poing they still have to close the gap from yesterday
<NihabaAshi>	Shorts ER2 @ 702.80 -> small size
	intuition
<Spartan>	Exited all ES Long @ 1353.75 --> + 2 «« paper »»	13:41
<Andy>	wow
<Spartan>	was getting nervous with my long
<NihabaAshi>	:(	13:44
<Spartan>	Long ES @ 1354.25 -> large size «« paper »»
<NihabaAshi>	Got greeding after a WRB pt1 was reached
<V_trader>	Trailing Stop Hit YM @ 12541 --> 0
<NihabaAshi>	I'm still short and should have covered
<MarketDelta>	storu of today continues	13:45
	I agree with Niha intuition and have conflicting MP view
	MP tells they we should se higher price then 56.75 (even one tick)	13:46
	maybe time to go to the beach
	:)
<NihabaAshi>	I'm starting to see some support show up here
<MarketDelta>	well, the max net sells of big lots was -20k	13:47
<NihabaAshi>	Covered ER2 Short @ 702.70 --> + 0.1
<MarketDelta>	right now is 012.6k
	-12.6k
	this tells me that can go either way	13:48
<Spartan>	dax seems to be leading the way	13:49