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#FuturesTrades March 31st Monday 2008 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+14.10	+326.90	+1095.40
$1,410	$32,690	$109,540

Profitable Trade

1549pm - 1606pm est

Losing Trade

1043am - 1046am est

click on image to view actual size

Current Performance Record

Key Trades of the Day (see chat log below)

Profit/Loss Statement

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 31 09:29:30 2008Session Ident: #futurestrades

* Now talking in #futurestrades 09:29

<X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm

<szubaark_awau> Exited all Long ES at 1316.25 --> + 2 «« paper »» 09:30

* szubaark_awau is now known as szubaark

<eminitrader> nice srart szu :) 09:31

<szubaark> thanks

<drt> gm everyone

<werner> gm drt 09:32

<NihabaAshi> Good morning all

<futurible> gm all 09:33

<T-stop> gm

<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> Shorts ES @ 1316 -> small size «« paper »» 09:34

<Nesi> Shorts ER2 @ 682.50

<eminitrader> Long ES @ 1314.25 09:36

<Nesi> Covered all ER2 Short @ 681.10 --> + 7.6

that is wrong, it took post from friday, sorry

<Spartan> Covered all ES Short @ 1314 --> + 2 «« paper »» 09:37

<Nesi> NAPM-Chicago

[Report] [Bullet] 9:45 ET

<anglo> gm 09:38

<Nesi> Market Focus ... Monday - Mar 31, 2008

A big drop in the Chicago purchasers report, however volatile it is, could still scare the markets.

Who's Speaking ... Monday - Mar 31, 2008

<Nesi> 12:00 PM ET : San Francisco Federal Reserve Bank President Janet Yellen to speak about foreclosures at a reinvestment conference, in San Francisco, California.

<Bambam-77> gm all 09:39

<eminitrader> Exited 1/3 ES Long @ 1316.25 --> + 2

<Nesi> Long ER2 @ 684.00 09:40

Exited all ER2 Long @ 684.10 --> + 0.1 09:41

:/

<szubaark> Shorts ES @ 1318.25 «« paper »»

<eminitrader> Exited 1/3 ES Long @ 1318.25 --> + 4 09:42

<szubaark> Covered all Short ES at 1320 --> - 1.75 «« paper »» 09:43

<Nesi> Long ER2 @ 687.80

<eminitrader> Exited 1/3 ES Long @ 1321.25 --> + 7

<Nesi> bad entry on my part

<eminitrader> hld 1

<KN-ES> Shorts ES @ 1321.25 09:44

Covered 1/2 ES Short @ 1320.25 --> + 1

<Bambam-77> 1326.75 689.30 erwould be nice if market gives it to us

<KN-ES> sl 1322.25

Covered 1/4 ES Short @ 1320.25 --> + 1

<Nesi> Exited all ER2 Long @ 687.80 --> 0 09:45

<KN-ES> Covered 2C ES Short @ 1319.75 --> + 1.5 09:46

<Spartan> Shorts ES @ 1321 «« paper »»

stp 1322.25

<KN-ES> will go up

<Spartan> ouch 09:47

<szubaark> Shorts ES @ 1321.50 «« paper »»

<eminitrader> Exited ES Long @ 1322.25 --> + 8 09:48

Reverse and Enter Short ES @ 1322.25

<KiwiRoo> Limit short 22.75

<KN-ES> Shorts ES @ 1322.50

<KiwiRoo> crap no fill.

<KN-ES> Covered 1/2 ES Short @ 1320.50 --> + 2

s.l 23.50 09:49

<eminitrader> Covered 1/2 ES Short @ 1320.75 --> + 1.5

<KN-ES> Covered 1/4 ES Short @ 1321 --> + 1.5

<Nesi> Long ER2 @ 687.60

<KN-ES> Covered ES Short @ 1321 --> + 1.5 09:50

Reverse and Enter Long ES @ 1321

<Nesi> Long ER2 @ 688.20 -> Add

<NihabaAshi> volatility contracting

<KN-ES> Exited ES Long @ 1321.50 --> + 0.5

Reverse and Enter Short ES @ 1321.50

Covered 1/2 ES Short @ 1320.50 --> + 1 09:51

<szubaark> Covered all Short ES at 1320 --> + 1.5 «« paper »» 09:53

<KN-ES> Covered 1/4 ES Short @ 1320 --> + 1.5

<eminitrader> Covered 1/3 ES Short @ 1320.25 --> + 2

hld 2 stop @ b/e....

<KN-ES> Covered ES Short @ 1320.75 --> + 0.75 09:54

Reverse and Enter Long ES @ 1320.75

<eminitrader> done for the day , month ......good trading all

<KN-ES> Exited 1/2 ES Long @ 1321.75 --> + 1 09:55

<NihabaAshi> Long ER2 @ 687.60 -> medium size

<Spartan> Long ES @ 1322.25 «« paper »»

<KN-ES> Exited ES Long @ 1322 --> + 1.25 09:56

Reverse and Enter Short ES @ 1322

s.l 23.75

<fierce> Short ES «« 1322.25 »» 09:57

<Bambam-77> protect longs

<KN-ES> Covered ES Short @ 1322.75 --> - 0.75 09:58

Reverse and Enter Long ES @ 1322.75

<Bambam-77> 25.75 89.30 would be nice es and er

<NihabaAshi> :( 09:59

<KN-ES> Exited ES Long @ 1323 --> + 0.25

Reverse and Enter Short ES @ 1323

s.l 25.25

<szubaark> Shorts ES @ 1322.25 «« paper »»

<KN-ES> looks like going down

<Spartan> Exited Remainder ES Long @ 1322.25 --> 0 «« paper »»

<fierce> Added Short ES «« 1321.25 »» 10:00

<Nesi> Exited ER2 Long @ 686.50 --> - 1.1

Reverse and Enter Short ER2 @ 686.50

<szubaark> Covered all Short ES at 1320.50 --> + 1.75 «« paper »»

<KN-ES> Covered 1/2 ES Short @ 1320.50 --> + 2.5

<NihabaAshi> Exited ER2 Long @ 686.70 --> - 0.9 10:01

<Spartan> Long ES @ 1320 «« paper »»

<KN-ES> Covered 1/4 ES Short @ 1320 --> + 3

<fierce> Covered 1/2 Short ES «« 1320.00 »» + 1.25 10:02

<NihabaAshi> Shorts ER2 @ 686.10 -> large size

<Andy> vn reverse and short, KN

<Nesi> Shorts ER2 @ 685.60 -> Add

<KN-ES> thanks Andy

<szubaark> Buys ES @ 1319.50 «« paper »»

<fierce> Covered Remainder Short ES «« 1319.00 »» + 2.25 10:03

<KN-ES> Covered 2C ES Short @ 1319 --> + 4

<Spartan> Shorts ES @ 1319.75 «« paper »»

<KN-ES> hading to 17.75 again!

<szubaark> Exited all Long ES at 1319.50 --> 0 «« paper »» 10:05

Buys ES @ 1319.50 «« paper »» 10:06

<Nesi> Covered all ER2 Short @ 685.50 --> + 1.1 10:07

<KN-ES> Covered ES Short @ 1319.50 --> + 3.5

Reverse and Enter Long ES @ 1319.50

<szubaark> Exited all Long ES at 1320.50 --> + 1 «« paper »» 10:08

<KN-ES> Exited 1/2 ES Long @ 1320.50 --> + 1

Exited ES Long @ 1320.50 --> + 1

Reverse and Enter Short ES @ 1320.50

<NihabaAshi> Covered ER2 Short @ 686.00 --> + 0.1

<Spartan> Shorts ES @ 1320.50 «« paper »»

<Spanish-man> 1 tic globex high 10:09

<KN-ES> Covered 1/2 ES Short @ 1319.50 --> + 1

<Nesi> Long ER2 @ 685.10

Exited all ER2 Long @ 684.40 --> - 0.7 10:11

<Spartan> exit stop set ES @ 1320.50 «« paper »»

<KN-ES> Covered 2C ES Short @ 1318.50 --> + 2 10:12

Covered 2C ES Short @ 1319 --> + 1.5

<szubaark> Buys ES @ 1318.75 «« paper »»

<KN-ES> Covered ES Short @ 1319.25 --> + 1.25 10:14

Reverse and Enter Long ES @ 1319.25

<Nesi> Long ER2 @ 685.50

<Spartan> Covered all ES Short @ 1320.50 --> 0 «« paper »» 10:15

<szubaark> Exited all Long ES at 1320 --> + 1.25 «« paper »»

<Spanish-man> short 21.00 ES

<Nesi> Long ER2 @ 686.00 -> Add

<Spanish-man> working

<KN-ES> Exited 1/2 ES Long @ 1320.75 --> + 1.5 10:16

Exited 2C ES Long @ 1320.25 --> + 1

Exited ES Long @ 1320.25 --> + 1

Reverse and Enter Short ES @ 1320.25

<Spartan> Shorts ES @ 1319.75 -> small size «« paper »» 10:17

<KN-ES> Covered 1/2 ES Short @ 1319.25 --> + 1 10:18

Covered ES Short @ 1319.75 --> + 0.5 10:19

Reverse and Enter Long ES @ 1319.75

<Spartan> Covered all ES Short @ 1321.25 --> - 1.5 «« paper »»

<KN-ES> Exited 1/2 ES Long @ 1321.25 --> + 1.5 10:20

Exited 1/4 ES Long @ 1321.75 --> + 2

Exited ES Long @ 1321.50 --> + 1.75 10:21

Reverse and Enter Short ES @ 1321.50

<szubaark> Shorts ES @ 1321 «« paper »»

<Spanish-man> short 22.00 ES

+2.00 10:22

<KN-ES> Covered 1/2 ES Short @ 1320.50 --> + 1

<Spartan> Long ES @ 1321 «« paper »»

<szubaark> exit stop set ES @ 1322 «« paper »»

<KN-ES> Covered 2C ES Short @ 1320 --> + 1.5 10:23

<szubaark> Covered all Short ES at 1319.50 --> + 1.5 «« paper »» 10:24

<KN-ES> Covered 2C ES Short @ 1319.50 --> + 2

<Spartan> Exited all ES Long @ 1319.50 --> - 1.5 «« paper »»

<fierce> market getting choppy

<Spartan> got chopped up

<KN-ES> Covered 2C ES Short @ 1319 --> + 2.5

<szubaark> Buys ES @ 1318.50 «« paper »» 10:26

<Spartan> Long ES @ 1318.25 «« paper »»

<KN-ES> Covered 2C ES Short @ 1318 --> + 3.5

<szubaark> exit stop set ES @ 1317.50 «« paper »»

Exited all Long ES at 1317.50 --> - 1 «« paper »» 10:27

<KN-ES> Covered 1C ES Short @ 1317.50 --> + 4 10:28

<zoomy> Long ER2 @ 682.10 -> Add «« paper »»

<Spanish-man> +5 ES

stop 17.00

<Spartan> Exited all ES Long @ 1316.75 --> - 1.5 «« paper »» 10:29

<KN-ES> Covered ES Short @ 1317.25 --> + 4.25

Reverse and Enter Long ES @ 1317.25

<fierce> nice short trade KN 10:30

<Spanish-man> long 18.00ES 10:31

<KN-ES> Exited 1/2 ES Long @ 1318.25 --> + 1

<Spanish-man> now

<KN-ES> thanks fierce

Exited 2C ES Long @ 1318.75 --> + 1.5 10:32

<Spanish-man> +1 10:33

<silo> Long ER2 @ 683.20 -> small size «« paper »»

<Spartan> Shorts ES @ 1319 -> small size «« paper »»

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> Exited 2C ES Long @ 1319.25 --> + 2

Exited ES Long @ 1318.5 --> + 1.25 10:34

Reverse and Enter Short ES @ 1318.5

<Spanish-man> +1.5

stop

<KN-ES> Covered 1/2 ES Short @ 1317.50 --> + 1

<szubaark> Shorts ES @ 1317 «« paper »»

<Spanish-man> long 17.5 ES 10:35

<KN-ES> Covered ES Short @ 1317.75 --> + 0.75

Reverse and Enter Long ES @ 1317.75

<Spanish-man> +1

<szubaark> Covered all Short ES at 1318.50 --> - 1.5 «« paper »» 10:36

Buys ES @ 1318.50 «« paper »»

<silo> Exited all ER2 Long @ 682.40 --> - 0.8 «« paper »»

<NihabaAshi> Secretary Paulson is now off TV :) 10:37

<KN-ES> Exited 1/2 ES Long @ 1318.75 --> + 1

<Spanish-man> +2

<KN-ES> Exited 1/4 ES Long @ 1319.25 --> + 1.5 10:38

<silo> Long ER2 @ 683.40 -> medium size «« paper »» 10:39

<KN-ES> Exited 2C ES Long @ 1319.75 --> + 2

<fierce> Short ES «« 1319.50 »»

<Spanish-man> +2.5

<KN-ES> Exited ES Long @ 1319.25 --> + 1.5 10:40

Reverse and Enter Short ES @ 1319.25

<silo> Exited all ER2 Long @ 683 --> - 0.4 «« paper »»

<Spanish-man> good fierce

<fierce> Covered Short ES «« 1318.00 »» + 1.5 10:41

thanks

<KN-ES> Covered 1/2 ES Short @ 1318.25 --> + 1

<Spanish-man> kn-es stop 17.00 10:42

<KN-ES> Covered 2C ES Short @ 1317.50 --> + 1.75

<NihabaAshi> Shorts ER2 @ 682.10 -> medium size 10:43

<KN-ES> Covered 1/4 ES Short @ 1317.25 --> + 2

<NihabaAshi> Punks

<KN-ES> Covered ES Short @ 1317.25 --> + 2

Reverse and Enter Long ES @ 1317.25

<NihabaAshi> CNBC decided to "replay" Paulso speech :(

<futurible1> Long ER2 @ 682.5 «« paper »» 10:44

<NihabaAshi> geeesh...I do not like trading when that guy is talking regardless if he's live or replay.

<fierce> he's a scary dude

<KN-ES> Exited 1/2 ES Long @ 1318.25 --> + 1 10:45

<futurible1> Exited 3/4 ER2 Long @ 683.6 --> + 1.1 «« paper »»

<szubaark> nice trades KN

<KN-ES> Exited ES Long @ 1317.25 --> 0

Reverse and Enter Short ES @ 1317.25

nop

Shorts ES @ 1318.25

[09:43:50] <Spanish-man> kn-es stop 17.00 ----------------------------?

<NihabaAshi> Covered ER2 Short @ 683.60 --> - 1.5 10:46

<szubaark> Expecting Volatility spike soon, hopefully to upside, im Long 10:47

<KN-ES> Covered ES Short @ 1318.23 --> + 0.02

Reverse and Enter Long ES @ 1318.23

Long ES @ 1318.25

Exited ES Long @ 1317.75 --> - 0.5 10:48

Reverse and Enter Short ES @ 1317.75

<futurible1> Exited Remainder ER2 Long @ 682.6 --> + 0.1 «« paper »»

<szubaark> Exited all Long ES at 1316.50 --> - 2 «« paper »» 10:49

<KN-ES> Covered 1/2 ES Short @ 1316.75 --> + 1

<szubaark> Shorts ES @ 1316.50 «« paper »»

<KN-ES> Covered ES Short @ 1317 --> + 0.75

Reverse and Enter Long ES @ 1317

sl 1

Exited ES Long @ 1317.50 --> + 0.5

Reverse and Enter Short ES @ 1317.50

<NihabaAshi> Shorts ER2 @ 682.80 -> medium size

<KN-ES> Covered ES Short @ 1317.25 --> + 0.25 10:50

Reverse and Enter Long ES @ 1317.25

sl 1

<szubaark> Covered all Short ES at 1318.50 --> - 2 «« paper »» 10:51

Buys ES @ 1318.50 «« paper »»

<Spanish-man> kn-es yes, and step

lol

<KN-ES> Exited 1/2 ES Long @ 1318.25 --> + 1

[09:52:40] <Spanish-man> kn-es yes, and step ------------------ what is that about? 10:52

[09:43:50] <Spanish-man> kn-es stop 17.00 ----------------------------and this

<NihabaAshi> Covered ER2 Short @ 683.50 --> - 0.7

<Spanish-man> you stop was 17.00

soport 10:53

<Spartan> Covered ES Short @ 1319.25 --> - 0.25 «« paper »»

Reverse and Enter Long ES @ 1319.25 «« paper »»

<KN-ES> Exited 1/4 ES Long @ 1319.25 --> + 2

hahaha......my stop was 17?.......have I posted it anywhere? 10:55

<pat255> kn ...super trading machine.. 10:56

<NihabaAshi> Long ER2 @ 684.20 -> medium size

<silo> intuition?>

<KN-ES> Exited 2C ES Long @ 1320.25 --> + 3

<NihabaAshi> It's been intuition all day...too much FED speech coverage 10:57

As long as they don't do any "instant replays"... 10:58

I should be ok :)

<KN-ES> Exited 2C ES Long @ 1321.25 --> + 4

<Spanish-man> Have to respect the media and resistance, if not those outside, kn-es

<KN-ES> Exited ES Long @ 1321 --> + 3.75 10:59

Reverse and Enter Short ES @ 1321

<Spanish-man> lol

:)

<NihabaAshi> Must be a boring trading day for the financial networks because they keep talking about that uninventful speech as if they can drum up some volatility themselves :( 11:00

<KN-ES> Covered ES Short @ 1321 --> 0 11:02

Reverse and Enter Long ES @ 1321

Exited ES Long @ 1321.25 --> + 0.25 11:03

Reverse and Enter Short ES @ 1321.25

sl 23.75 11:04

Covered ES Short @ 1320.50 --> + 0.75 11:06

Reverse and Enter Long ES @ 1320.50

Exited 1/2 ES Long @ 1321.50 --> + 1

sl 1

<Andy> Shorts ER2 @ 685.8

<KN-ES> Exited ES Long @ 1321.75 --> + 1.25

Reverse and Enter Short ES @ 1321.75

<szubaark> Exited all Long ES at 1321 --> + 2.5 «« paper »» 11:08

Shorts ES @ 1320.75 «« paper »» 11:09

<Andy> Covered all ER2 Short @ 685.1 --> + 0.7

<NihabaAshi> Exited ER2 Long @ 685.30 --> + 1.1

<KN-ES> Covered 1/2 ES Short @ 1320.25 --> + 1.5

Covered 1/4 ES Short @ 1320.75 --> + 1

s.l 23.75 11:11

<fierce> Long ES «« 1320.00 »» 11:12

<NihabaAshi> Shorts ER2 @ 684.70 -> medium size 11:13

<KN-ES> Covered 1C ES Short @ 1319.75 --> + 2

<szubaark> Covered all Short ES at 1319.50 --> + 1.25 «« paper »» 11:14

<Spartan> Exited ES Long @ 1319.25 --> 0 «« paper »»

Reverse and Enter Short ES @ 1319.25 «« paper »»

<NihabaAshi> :(

<KN-ES> Covered ES Short @ 1319.75 --> + 2

Reverse and Enter Long ES @ 1319.75

<NihabaAshi> tightning trailing stop....lets see what happens 11:16

Covered ER2 Short @ 684.20 --> + 0.5 11:17

<Spartan> Covered all ES Short @ 1320.75 --> - 1.5 «« paper »» 11:18

<fierce> if ES breaks 22 , should flush the shorts

<KN-ES> Exited 1/2 ES Long @ 1320.75 --> + 1

<NihabaAshi> Long ER2 @ 685.00 -> small size

<KN-ES> Exited 2C ES Long @ 1321.25 --> + 1.5 11:19

Exited ES Long @ 1321.20 --> + 1.45

Reverse and Enter Short ES @ 1321.20

Shorts ES @ 1321.25

Covered ES Short @ 1321 --> + 0.25 11:20

Reverse and Enter Long ES @ 1321

<szubaark> Shorts ES @ 1321 «« paper »»

<KN-ES> Exited 1/4 ES Long @ 1321.50 --> + 0.5

Exited ES Long @ 1321.50 --> + 0.5 11:21

Reverse and Enter Short ES @ 1321.50

s.l 23.75

<szubaark> exit stop set ES @ 1322.25 «« paper »» 11:22

<NihabaAshi> Exited ER2 Long @ 685.40 --> + 0.4 11:23

<KN-ES> Covered 1/2 ES Short @ 1320.50 --> + 1

<Spartan> Shorts ES @ 1320.50 «« paper »»

<KN-ES> Covered 1/4 ES Short @ 1320.50 --> + 1 11:24

<szubaark> Covered all Short ES at 1321.50 --> - 0.5 «« paper »»

Buys ES @ 1321.50 «« paper »»

<KN-ES> Covered ES Short @ 1321 --> + 0.5 11:25

Reverse and Enter Long ES @ 1321

<Spartan> Covered ES Short @ 1321.50 --> - 1 «« paper »» 11:26

Reverse and Enter Long ES @ 1321.50 «« paper »»

<futurible1> Long ER2 @ 686 «« paper »»

<NihabaAshi> Long ER2 @ 686.20 -> small size

<szubaark> looking more and more Bullish

<futurible1> Exited 1/2 ER2 Long @ 687 --> + 1 «« paper »»

<szubaark> Exited all Long ES at 1323.25 --> + 1.75 «« paper »» 11:27

<KN-ES> Exited 1/2 ES Long @ 1323.25 --> + 2.25

<futurible1> Exited Remainder ER2 Long @ 686.1 --> + 0.1 «« paper »»

<fierce> Exited Long ES «« 1323.00 »» + 3

<KN-ES> Exited 2C ES Long @ 1323.50 --> + 2.5

Exited 2C ES Long @ 1322.50 --> + 1.5

Exited ES Long @ 1322.75 --> + 1.75 11:28

Reverse and Enter Short ES @ 1322.75

<NihabaAshi> Exited ER2 Long @ 686.50 --> + 0.3

Shorts ER2 @ 687.00 -> small size 11:30

<KN-ES> Covered ES Short @ 1323 --> - 0.25

Reverse and Enter Long ES @ 1323

<NihabaAshi> Covered ER2 Short @ 687.30 --> - 0.3 11:32

Reverse and Enter Long ER2 @ 687.30

<KN-ES> Exited 1/2 ES Long @ 1324 --> + 1

<fierce> Short ES «« 1324.25 »» 11:33

<KN-ES> Exited ES Long @ 1324.25 --> + 1.25 11:35

Reverse and Enter Short ES @ 1324.25

<NihabaAshi> Exited ER2 Long @ 688.10 --> + 0.8 11:36

<KN-ES> sl 25.75

this is getting interesting, may be we are at the top 11:39

<Spartan> Exited all ES Long @ 1323.50 --> + 2 «« paper »»

<X> #FuturesTrades Info -> No gurus, no head traders. Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended without their permission. More info at www.thestrategylab.com/FuturesTradesChat Room.htm

<fierce> Covered Short ES «« 1323.50 »» + 0.75

<KN-ES> brb 11:43

<NihabaAshi> ER2 back within the price area it was when FED Secretary Paulson started speaking

<Spanish-man> oil low low 11:44

<KN-ES> Covered ES Short @ 1324.5 --> - 0.25

Reverse and Enter Long ES @ 1324.5

<NihabaAshi> Long ER2 @ 688.30 -> small size

<KN-ES> Exited ES Long @ 1325 --> + 0.5 11:45

Reverse and Enter Short ES @ 1325

may be..........still counting

<Spanish-man> Oil by floors

<KN-ES> sl 26.50

<Spartan> Shorts ES @ 1325 «« paper »» 11:46

<KN-ES> Covered ES Short @ 1325 --> 0

Reverse and Enter Long ES @ 1325

nop

its going up

<Spanish-man> report medium 12:00

<zoomy> Exited 1/3 ER2 Long @ 688.90 --> + 6.8 «« paper »» 11:47

<Spartan> Covered all ES Short @ 1325.50 --> - 0.5 «« paper »»

<KN-ES> Exited 3/4 ES Long @ 1326 --> + 1

<szubaark> Shorts ES @ 1325.75 «« paper »»

<KN-ES> Exited ES Long @ 1326 --> + 1 11:48

Reverse and Enter Short ES @ 1326

<szubaark> Covered all Short ES at 1325.50 --> + 0.25 «« paper »» 11:49

* szubaark is now known as szubaark_away

<KN-ES> Exited ES Long @ 1325.25 --> - 0.75 11:50

Reverse and Enter Short ES @ 1325.25

nop

Long ES @ 1325.25

Exited 1/2 ES Long @ 1326.25 --> + 1 11:52

<startrader> Shorts ES @ 1326 -> large size

<NihabaAshi> Exited ER2 Long @ 689.10 --> + 0.8

<fierce> Short ES «« 1326.25 »» 11:54

<KN-ES> Exited ES Long @ 1326.25 --> + 1

Reverse and Enter Short ES @ 1326.25

sl 27.75 11:55

<NihabaAshi> Exited Remainder ER2 Long @ 688.50 --> + 0.2 11:56

<fierce> Covered 1/2 Short ES «« 1325.00 »» + 1.25

<NihabaAshi> Shorts ER2 @ 688.00 -> small size

<KN-ES> Covered 1/4 ES Short @ 1324.75 --> + 1.5

Covered 1/4 ES Short @ 1325.25 --> + 1 11:58

Covered ES Short @ 1325 --> + 1.25 12:00

Reverse and Enter Long ES @ 1325

* Retrieving #futurestrades modes...

<KN-ES> sl 1

<silo> i'm -1.4pts for the day 12:02

so far

and i'm actually glad considering the weird price action

<KN-ES> how about calling Arnold?

<silo> :P

<KN-ES> :)

<silo> i'll just wait for the right time to give the market the monkey punch it deserves 12:03

:P

monkey = donkey

<NihabaAshi> Key markets still not in sync :(

<KN-ES> Exited ES Long @ 1325.25 --> + 0.25 12:04

Reverse and Enter Short ES @ 1325.25

<silo> Shorts ER2 @ 687.30 -> large size «« paper »»

intuition :P

<KN-ES> sl 27.25

need a break

<NihabaAshi> Covered ER2 Short @ 687.80 --> + 0.2 12:09

<fierce> price action has slowed, need another press conference on CNBC...lol 12:10

<KN-ES> Covered 1/4 ES Short @ 1324.25 --> + 1 12:12

<Spartan> Shorts ES @ 1324.50 -> small size «« paper »» 12:13

<silo> Shorts ER2 @ 687 -> Add «« paper »» 12:16

<KN-ES> Covered 1/4 ES Short @ 1323.25 --> + 2

<silo> trendline break here

also down from globex high 12:17

and existing long term trend still down

with down oil/gold

<codehead> wow, oil taking quite a beating today

<silo> maybe prices will finally follow

if they do

this will be a big opportunity to make some ca-ching!

:P

<Spartan> Covered all ES Short @ 1323.50 --> + 1 «« paper »» 12:18

<Bambam-77> both trgts hit i am done for the day goal met

<fierce> Covered Remainder Short ES «« 1323.00 »» + 3.25 12:21

<KN-ES> nice trade fierce

<fierce> thanks, took a lot of paitence :)

mrkt prolly going lower from here, but it hit my target so ... 12:22

<Bambam-77> still feel bigger trend is down for now

<fierce> 1322 is support 12:23

<KN-ES> Covered 2C ES Short @ 1322.25 --> + 3

<fierce> nice exit target KN

<KN-ES> Covered ES Short @ 1322.50 --> + 2.75

Reverse and Enter Long ES @ 1322.50

thanks fierce 12:24

<Bambam-77> 1308.50 pos trgt sometime today posible 12:25

<KN-ES> sl 2

Exited 1/2 ES Long @ 1323.50 --> + 1 12:29

<futurible1> Long ER2 @ 687.5 «« paper »» 12:30

Exited 3/4 ER2 Long @ 688.6 --> + 1.1 «« paper »» 12:34

<KN-ES> Exited 1/4 ES Long @ 1324.50 --> - 1324.5

?

Exited 1/4 ES Long @ 1324.50 --> + 2

<fierce> bad fill there ... lol

<KN-ES> nop, i can never get along with the script :) 12:35

<Spanish-man> :)

<szubaark_away> Buys ES @ 1325 «« paper »»

<futurible1> Exited Remainder ER2 Long @ 689.1 --> + 1.6 «« paper »»

<KN-ES> Exited 2C ES Long @ 1325 --> + 2.5 12:38

<fierce> Short ES «« 1325.00 »»

<futurible1> Shorts ER2 @ 688.5 «« paper »» 12:39

<fierce> Covered Short ES «« 1323.00 »» + 2 12:40

oops

24

Covered Short ES «« 1324.00 »» + 1

<KN-ES> Exited ES Long @ 1324 --> + 1.5 12:42

Reverse and Enter Short ES @ 1324

Covered 1/4 ES Short @ 1323 --> + 1 12:44

<futurible1> Covered all ER2 Short @ 687.9 --> + 0.6 «« paper »»

<KN-ES> Covered ES Short @ 1325.50 --> - 1.5 12:45

Reverse and Enter Long ES @ 1325.50

nop

Long ES @ 1323.50 12:46

Exited 1/4 ES Long @ 1324.50 --> + 1 12:50

sl 1

<fierce> narrowing up into a triangle 12:53

<zoomy> Exited 1/3 ER2 Long @ 690.00 --> + 4 «« paper »» 12:55

<szubaark_away> nice zoomy 12:56

<KN-ES> nice trade 12:57

<zoomy> thx

<szubaark_away> Exited all Long ES at 1326.75 --> + 1.75 «« paper »»

<KN-ES> Exited 1/4 ES Long @ 1326.50 --> + 3

Exited 2C ES Long @ 1327 --> + 3.5 12:59

Exited ES Long @ 1327 --> + 3.5 13:00

Reverse and Enter Short ES @ 1327

sl 1

<zoomy> Exited Remainder ER2 Long @ 691.80 --> + 5.8 «« paper »»

<KN-ES> cool 13:01

<fierce> nice zoom

<zoomy> I get lucky sometimes 13:02

<KN-ES> Covered ES Short @ 1327.50 --> - 0.5

Reverse and Enter Long ES @ 1327.50

sl 1

<startrader> Shorts ES @ 1327.75 -> large size

<KN-ES> Exited ES Long @ 1327.50 --> 0 13:03

Reverse and Enter Short ES @ 1327.50

sl 1

<szubaark_away> Shorts ES @ 1327 «« paper »»

<Andy> Shorts ER2 @ 692.1 13:04

<KN-ES> sl 2

Covered ES Short @ 1327.50 --> 0 13:05

Reverse and Enter Long ES @ 1327.50

<Andy> Covered all ER2 Short @ 692.7 --> - 0.6 13:06

<KN-ES> sl 2

<Andy> Shorts ER2 @ 692.6 13:07

<fierce> need to bust 1328

trigger those stops

there we go 13:08

<futurible1> Long ER2 @ 692.9 «« paper »»

<zoomy> Shorts ER2 @ 693.10 «« paper »»

<startrader> Shorts ES @ 1328.75 -> Add

<futurible1> Exited all ER2 Long @ 692.9 --> 0 «« paper »» 13:09

<KN-ES> Exited ES Long @ 1328.75 --> + 1.25 13:10

Reverse and Enter Short ES @ 1328.75

sl 2

<futurible1> Long ER2 @ 692.9 «« paper »» 13:12

<Andy> Covered all ER2 Short @ 693.2 --> - 0.6

<futurible1> Exited ER2 Long @ 693.2 --> + 0.3 «« paper »» 13:13

<NihabaAshi> Shorts ER2 @ 692.30 -> small size 13:16

<Andy> Shorts ER2 @ 693.1 13:23

<NihabaAshi> Covered ER2 Short @ 693.00 --> - 0.7 13:24

Long ER2 @ 692.70 -> small size 13:25

<codehead> crude hit 101.150 13:28

<szubaark_away> Covered all Short ES at 1329.25 --> - 2.25 «« paper »» 13:30

Buys ES @ 1329.25 «« paper »»

<NihabaAshi> Exited 1/2 ER2 Long @ 694.10 --> + 1.4 13:32

<silo> we just broke the long term down channel

<Andy> Covered all ER2 Short @ 693.6 --> - 0.5 13:33

<NihabaAshi> Exited Remainder ER2 Long @ 693.00 --> + 0.3 13:34

<szubaark_away> Exited all Long ES at 1328 --> - 1.25 «« paper »»

Shorts ES @ 1328 «« paper »»

<pdays> Shorts ER2 @ 693.0 13:41

Covered all ER2 Short @ 692.6 --> + 0.4

<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 13:42

* Flenn is now known as Flen 13:52

<fierce> Short ES «« 1328.00 »» 13:55

<zoomy> Covered 1/3 ER2 Short @ 690.60 --> + 2.5 «« paper »» 14:00

<fierce> Covered 1/2 Short ES «« 1326.5 »» + 1.5

<szubaark_away> 1323.50 Looks like good Support 14:02

<fierce> gonna have to break 25 first thou 14:04

Covered Remainder Short ES «« 1325.50 »» + 2.5 14:06

<szubaark_away> Covered all Short ES at 1325.50 --> + 2.5 «« paper »»

<Andy> Long ER2 @ 690. «« paper »»

<szubaark_away> wouod hold til 1324 but need to take a break 14:07

<startrader> Covered 1/2 ES Short @ 1325.25 --> + 3.5

<szubaark_away> nice star

<fierce> nice trades szu & star

<szubaark_away> thanks

<startrader> tks 14:08

<codehead> 100.25 oil hit 14:09

20 minute till flor close on crude 14:10

<NihabaAshi> Back to back hammer lines

2min cahrt

Long ER2 @ 690.00 -> small size 14:11

<zoomy> Covered 1/3 ER2 Short @ 689.50 --> + 3.6 «« paper »» 14:12

<startrader> Covered Remainder ES Short @ 1324.25 --> + 3.5

<Andy> Exited 3/4 ER2 Long @ 690.6 --> + 0.6 «« paper »» 14:14

<codehead> 3 min vegas trigger on cci for QM 14:15

<NihabaAshi> Exited ER2 Long @ 690.10 --> + 0.1 14:16

<Andy> Exited Remainder ER2 Long @ 690 --> 0 «« paper »»

<NihabaAshi> Looks like its Friday again...go after the trailing stops :( 14:17

<pat255> y....now steady down..

<codehead> been working and not trading, but just noticed that YM low of retrace, 12268, is within a tick of .382 fib level (12267) 14:24

12250 is .500, if .382 gives up 14:25

so far it found suppor tthere

<zoomy> Covered Remainder ER2 Short @ 690.00 --> + 3.1 «« paper »» 14:27

<anglo> - 14:32

<NihabaAshi> Shorts ER2 @ 691.80 -> small size 14:35

Covered 1/2 ER2 Short @ 690.60 --> + 1.2 14:42

<szubaark_away> Nice Niha.

<pat255> vn

<NihabaAshi> Not much for profits today but I've not been aggressive today due to the fact its the last trading day of the month and the last trading day of the quarter. 14:43

<codehead> Ym retesting .382

<NihabaAshi> Been intentionally taking smaller size trades with smaller profit targets. 14:44

Covered Remainder ER2 Short @ 688.70 --> + 3.1 14:45

<pat255> vn ..dang missed the push up..

<codehead> YM coming to .500 14:51

hit

<startrader> Long ES @ 1320.75 14:53

<futurible> Long ER2 @ 687 «« paper »»

Exited 1/2 ER2 Long @ 687.5 --> + 0.5 «« paper »» 14:55

Exited Remainder ER2 Long @ 688 --> + 1 «« paper »» 14:56

<startrader> Exited all ES Long @ 1322.75 --> + 2

<szubaark_away> nice star,future 14:57

<futurible> thanks zs

<pat255> vn star 14:58

<startrader> tks, was not expecting that spike down and had orders sitting down to 20, thought I was about to get grilled on some news or something. 15:05

<trendpimp> chopchop on nq, which way do u guys think itll break out? 15:19

buy 1786.25 short 1780.25 15:20

<NihabaAshi> Shorts ER2 @ 688.00 -> small size 15:30

Covered 2/3 ER2 Short @ 686.50 --> + 1.5 15:33

Wow...back to back decent trades... 15:34

<pat255> vn

<NihabaAshi> That's a rare sight to see these pass few trading days :)

Covered Remainder ER2 Short @ 687.70 --> + 0.3 15:35

Shorts ER2 @ 686.90 -> small size 15:38

Covered ER2 Short @ 687.70 --> - 0.8 15:40

<startrader> Shorts ES @ 1326.25

<NihabaAshi> Long ER2 @ 688.60 -> small size 15:41

It's a little too early for the 4pm rush hour traffic

Must be early birds gets the worm

<codehead> whew

<startrader> Shorts ES @ 1328.25 -> Add 15:42

<NihabaAshi> Exited 1/2 ER2 Long @ 690.00 --> + 1.4 15:44

<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 15:45

<codehead> last day of the quarter juggling? 15:46

<NihabaAshi> tightning up my trailing stop

Exited Remainder ER2 Long @ 689.00 --> + 0.4 15:47

<startrader> last day of the quarter biker bar room brawl more like it. 15:48

<codehead> hehe

<NihabaAshi> Yep...punch anything that gets near ya.

Shorts ER2 @ 688.70 -> small size 15:49

Punks... 15:52

no fill

<mrsafe> hey 15:53

<startrader> Covered 1/2 ES Short @ 1326.75 --> + 1.5

<mrsafe> any news on futures in europe?

tomorrow

<NihabaAshi> mrsafe...check out this calendar 15:54

http://www.forexfactory.com/calendar.php

<mrsafe> hmm 15:55

isnt that for the forex guys mostly?

<NihabaAshi> Read the info...its for anyone

<mrsafe> I am doing indices

futures trading

<NihabaAshi> I use it for futures trading

<pat255> ty n 15:56

<mrsafe> what do you trade?

<startrader> Covered Remainder ES Short @ 1324.75 --> + 1.5

<NihabaAshi> ER2 but I watch all the other futures or indexes to help with ER2

<mrsafe> hmm 15:57

I am doing a lot of ftse100 and dax30

pretty nice forums though, you run those?

<NihabaAshi> Covered 1/2 ER2 Short @ 686.80 --> + 1.9 15:59

tough fill to get

mrsafe...yes 16:00

<mrsafe> nice 16:01

<NihabaAshi> funky price action today...

Enough to look forward to April so that I can quickly forget about the latter part of March.

<startrader> And Bruiser all the way from Tulsa, member of the Iron Coffins wins this brawl bringing his record to 34-15. He like rainbows, flowers, puppy dogs and men who cry (when he beats them to a pulp.) 16:02

<codehead> lol 16:03

<NihabaAshi> Covered Remainder ER2 Short @ 684.60 --> + 4.1 16:06

<werner> gn niha ,all 16:08

<startrader> nice n, was looking for a stop run to the lows as well.

WRB Analysis

Learn More

<NihabaAshi> I was looking for anything...

Just threw a bunch of punches in the brawl to see what I could hit :) 16:09

March and the 1st Quarter is over with. 16:10

April tax time usually brings reality to the markets and trading.

The IRS and Canada Revenue dipping big time in my pockets :( 16:11

I found a little tax deduction a few years ago...

Pay your spouse a lot of money to do business related work for you :) 16:12

It's tax deductible in comparison to just giving her part of your profits for the regular household expenses.

<Nesi> good idea :)

<NihabaAshi> :)

<pat255> good idea

<Nesi> that is for usa or canada..Niha?

<NihabaAshi> Both 16:13

<pat255> k thks

<Nesi> thx for info

<NihabaAshi> My spouse cleans my office, maintains a list of my office supplies to let me know what's low on supplies and organizes my reciepts. 16:14

That's it...easy work for high pay :)

<pat255> will keep that in mind ty 16:15

<NihabaAshi> Here in Canada you can deduct part of your Mortgage Interest, Home Insurance and Municipal Property Tax but not the actual Mortgage principle.

For those that have a home office for trading 16:16

When the kids get older...I'll be going back to an actual office away from home. 16:17

Most likely within walking distance

<startrader> Pay your kids and invest it in a Roth, I put them in ads for my businesses and pay them a modeling fee. 16:22

<NihabaAshi> startrader...thanks for the tip. 16:48

More deductions for next year :) 16:49

Take care and see all in April :)

* NihabaAshi is now known as NihabaAshi_away

<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 17:51

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