#FuturesTrades April 7th 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.
Time Zone Info	Chat Log below is eastern standard time (est) - New York City, U.S.A and/or Montréal, Canada time zone.
	Session Start: Mon Apr 07 09:31:46 2008 Session Ident: #futurestrades
* Now	talking in #futurestrades	09:31
<X>	[NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
<drt>	gm everyone
<ripsboy>	gm all...	09:32
<futurible>	good morning all	09:33
<anglo>	gm	09:35
<szubaark>	Buys ES @ 1380 «« paper »»	09:36
<silo>	morning	09:38
<sb>	gm	09:39
<jsbach-->	gm	09:40
<klik>	morning
<eminitrader>	Shorts ES @ 1380.50	09:42
<szubaark>	Exited all Long ES at 1380 --> 0 «« paper »»
	Shorts ES @ 1380 «« paper »»
<eminitrader>	Covered 1/2 ES Short @ 1379 --> + 1.5	09:43
<szubaark>	Covered all Short ES at 1380 --> 0 «« paper »»	09:44
	Buys ES @ 1379.75 «« paper »»	09:45
<eminitrader>	Covered 1/3 ES Short @ 1378 --> + 2.5	09:48
<szubaark>	nice emini.. i got shaken out
<eminitrader>	thx szu..
<PapaJon>	er2 very wiggy today	09:51
<eminitrader>	Covered Remainder ES Short @ 1379.50 --> + 1
<robert>	wtg e
<talickca>	nice	09:52
<eminitrader>	thx r ..t
	Shorts ES @ 1381	09:53
<szubaark>	Exited all Long ES at 1380.75 --> + 1 «« paper »»	09:55
	Shorts ES @ 1380.75 «« paper »»
<eminitrader>	Covered 2/3 ES Short @ 1381 --> 0	09:57
	Shorts ES @ 1382 -> Add	10:00
	Covered 1/2 ES Short @ 1380 --> + 2	10:03
<NihabaAshi>	Shorts ER2 @ 717.80 -> medium size
	intuition
<eminitrader>	Covered 1/3 ES Short @ 1381 --> 0
	thats the lot from my earlier sell...before the add	10:04
<talickca>	Shorts ER2 @ 717.9
<eminitrader>	exit stop lowered ES @ 1382.50	10:05
<szubaark>	exit stop set ES @ 1382 «« paper »»
<talickca>	Covered all ER2 Short @ 717.1 --> + 0.8	10:06
<szubaark>	Covered all Short ES at 1379.25 --> + 1.5 «« paper »»	10:08
<eminitrader>	nice szu ...2 winners after a quick loser :))
<szubaark>	thanks
<NihabaAshi>	Covered 3/4 ER2 Short @ 716.50 --> + 1.3	10:09
<eminitrader>	exit stop moved to breakeven ES @ 1382	10:10
	be back ...next target 1377... will hld 1 for potential gaop fill	10:11
<KN-ES>	Long ES @ 1378.75	10:12
	s.l 76	10:13
	Exited 1/2 ES Long @ 1379.75 --> + 6.75
	!	10:14
	Exited 1/2 ES Long @ 1379.75 --> + 1
	Exited 1/4 ES Long @ 1379.75 --> + 1	10:16
	Exited ES Long @ 1379.25 --> + 0.5	10:17
	Reverse and Enter Short ES @ 1379.25
	s.l 80.25	10:18
	Covered 3/4 ES Short @ 78.25 --> + 1301
	Covered 3/4 ES Short @ 1378.25 --> + 1	10:19
	Covered ES Short @ 1379.25 --> 0
	Reverse and Enter Long ES @ 1379.25
	Exited all ES Long @ 1379.25 --> 0	10:20
<werner>	hi niha ,all	10:21
<KN-ES>	Long DAX @ 6678
<eminitrader>	Covered ES Short @ 1379 --> + 2
	Reverse and Enter Long ES @ 1379
<KN-ES>	Exited 1/2 DAX Long @ 6683 --> + 5	10:22
<NihabaAshi>	Covered ER2 Short @ 717.00 --> + 0.8	10:23
	Reverse and Enter Long ER2 @ 717.00
<jsbach-->	hello werner
<KN-ES>	add 82
<jsbach-->	anyone using ninjatrader?
<NihabaAshi>	intuition
<talickca>	nope sorry
<werner>	not here jsbach	10:24
<szubaark>	Shorts ES @ 1379.50 «« paper »»
<jsbach-->	alright, just trying to figure out some symbols for my feed (zenfire)
<NihabaAshi>	Anybody in here using Windows Vista Premium or Ultimate while trading ???
<KN-ES>	Exited DAX Long @ 6882 --> + 204
	Reverse and Enter Short DAX @ 6882
<jsbach-->	ultimate here
<szubaark>	exit stop set ES @ 1380.50 «« paper »»
<talickca>	xp here don't trust vista	10:25
<eminitrader>	Exited all ES Long @ 1379 --> 0
<Charles_trad>	Congrats for the DAX, KN-ES !
<KN-ES>	Covered 1/2 DAX Short @ 6877 --> + 5	10:26
<NihabaAshi>	Exited ER2 Long @ 715.40 --> - 1.6
	Reverse and Enter Short ER2 @ 715.40
<KN-ES>	add 78
<NihabaAshi>	reversed into a 2 contract Short
<eminitrader>	Long ES @ 1378	10:27
<szubaark>	exit stop moved to breakeven ES @ 1379.50 «« paper »»	10:28
	Covered all Short ES at 1378 --> + 1.5 «« paper »»
<eminitrader>	Exited all ES Long @ 1377 --> - 1
<KN-ES>	Covered 1C DAX Short @ 6871 --> + 11
	Covered 1C DAX Short @ 6869 --> + 13	10:29
<NihabaAshi>	jsbach...what broker and charting program are you running under Vista Ultimate ???	10:30
<KN-ES>	add 71	10:31
<jsbach-->	minusfutures, ninjatrader 6.5.0.10 (live), using ninjatrader's charts too
<KN-ES>	Covered 1C DAX Short @ 6867 --> + 15	10:32
	out all 2 6878 6870 + 8.00	10:33
<NihabaAshi>	Thanks jsbach
<KN-ES>	out all 2 6871 6866 + 5.00	10:34
	h2
<NihabaAshi>	Covered 1/2 ER2 Short @ 714.30 --> + 1.1
<KN-ES>	Covered DAX Short @ 6871 --> + 11
	Reverse and Enter Long DAX @ 6871
<lumenPharmer>	funny these guys won't put vista on their best computers
	http://www.tradingcomputers.com/TCdeskto p.html#products	10:35
	i have the f-22 ok so far
	but no vista, lol
<KN-ES>	Exited 1/2 DAX Long @ 6874 --> + 3	10:36
<lumenPharmer>	http://www.tradersworld.com/computers/in dex.htm	10:37
<NihabaAshi>	Covered ER2 Short @ 715.20 --> + 0.2
<lumenPharmer>	another system
<KN-ES>	Exited 1C DAX Long @ 6876 --> + 5
<lumenPharmer>	fun to see how they build them
<szubaark>	Shorts ES @ 1378.25 «« paper »»	10:38
<lumenPharmer>	oil up big
<KN-ES>	Exited DAX Long @ 6877 --> + 6
	Reverse and Enter Short DAX @ 6877
	Covered 1/2 DAX Short @ 6874 --> + 3	10:39
	Covered DAX Short @ 6874.50 --> + 2.5	10:40
	Reverse and Enter Long DAX @ 6874.50
<pdays>	Long YM @ 12631
<KN-ES>	Exited 1/2 DAX Long @ 6878.50 --> + 4	10:41
	Exited 1C DAX Long @ 6879.50 --> + 5	10:42
<Charles_trad>	Congrats agan, KN-ES !
<KN-ES>	thanks Charles_trad
	Exited DAX Long @ 6877 --> + 2.5	10:43
	Reverse and Enter Short DAX @ 6877
<lumenPharmer>	half a gap fill on ES and NQ, gap fill on ER
<KN-ES>	Covered 1/2 DAX Short @ 6874 --> + 3	10:45
<jsbach-->	yeah
<KN-ES>	Covered DAX Short @ 6875 --> + 2
	Reverse and Enter Long DAX @ 6875
<szubaark>	Covered all Short ES at 1378.50 --> - 0.25 «« paper »»	10:46
	Shorts ES @ 1379 «« paper »»	10:49
<KN-ES>	Exited 1/2 DAX Long @ 6879 --> + 4
<pdays>	Exited all YM Long @ 12647 --> + 16
<jperl>	ER2 @ VWAP 716.86
<KN-ES>	Exited DAX Long @ 6877.50 --> + 2.5
	Reverse and Enter Short DAX @ 6877.50
	Covered DAX Short @ 6876.50 --> + 1	10:50
	Reverse and Enter Long DAX @ 6876.50
<szubaark>	Expecting Volatility spike soon, hopefully to downside, Im Short	10:51
<eminitrader>	:)
<KN-ES>	Exited DAX Long @ 6877 --> + 0.5
	Reverse and Enter Short DAX @ 6877
<jperl>	only a few trades this morning.....
<KN-ES>	s.l 79
<jperl>	http://charts.dacharts.com/2008-04-07/JP ERL8.png	10:52
<KN-ES>	Covered DAX Short @ 6878 --> - 1
	Reverse and Enter Long DAX @ 6878
	Exited DAX Long @ 6877.50 --> - 0.5	10:53
	Reverse and Enter Short DAX @ 6877.50
	Covered 1/2 DAX Short @ 6874.50 --> + 3	10:54
	Covered 1C DAX Short @ 6875.50 --> + 2
	Covered DAX Short @ 6876.50 --> + 1	10:55
	Reverse and Enter Long DAX @ 6876.50
<szubaark>	Covered all Short ES at 1378 --> + 1 «« paper »»
	no followthru
	taking a break
* szubaark	is now known as szubaark_away
<KN-ES>	Exited 1/2 DAX Long @ 6881.50 --> + 5	10:56
	Exited 1C DAX Long @ 6879.50 --> + 3	10:57
	Exited DAX Long @ 6879.50 --> + 3	10:58
	Reverse and Enter Short DAX @ 6879.50
	Covered DAX Short @ 6880.50 --> - 1
	Reverse and Enter Long DAX @ 6880.50
	Exited 1/2 DAX Long @ 6885.50 --> + 5	10:59
	Exited 1C DAX Long @ 6886.50 --> + 6
<Charles_trad>	Wow ... :O
<KN-ES>	Exited 1C DAX Long @ 6891.50 --> + 11	11:01
	Exited DAX Long @ 6890.50 --> + 10
	Reverse and Enter Short DAX @ 6890.50
	Covered 1/3 DAX Short @ 6889.50 --> + 1	11:03
	Covered 1C DAX Short @ 6887.50 --> + 3	11:05
	Covered DAX Short @ 6888.50 --> + 2	11:06
	Reverse and Enter Long DAX @ 6888.50
	Exited 1/3 DAX Long @ 6889.50 --> + 1
	Exited DAX Long @ 6888 --> - 0.5	11:08
	Reverse and Enter Short DAX @ 6888
	Covered 1/3 DAX Short @ 6887 --> + 1
	Covered 1C DAX Short @ 6883 --> + 5
	Covered DAX Short @ 6884 --> + 4	11:09
	Reverse and Enter Long DAX @ 6884
	Exited 1/3 DAX Long @ 6885 --> + 1
	Exited 1C DAX Long @ 6886 --> + 2	11:10
	add 84
<Charles_trad>	Congrats, KN-ES ! You didnt even hava a bad trade as I see :O
<KN-ES>	Exited DAX Long @ 6885 --> + 1	11:11
	Reverse and Enter Short DAX @ 6885
	s.l 87	11:12
	Covered 1/3 DAX Short @ 6884 --> + 1
	Covered 1C DAX Short @ 6882 --> + 3	11:13
	Covered 1C DAX Short @ 6880 --> + 5	11:14
<jsbach-->	Anyone in europe?	11:15
<KN-ES>	Covered 1C DAX Short @ 6878.50 --> + 6.5	11:16
	Covered DAX Short @ 6880 --> + 5
	Reverse and Enter Long DAX @ 6880
	Exited 1/3 DAX Long @ 6881 --> + 1
	Exited DAX Long @ 6879 --> - 1
	Reverse and Enter Short DAX @ 6879
	Covered 1/3 DAX Short @ 6878 --> + 1
<jsbach-->	What time (In europe) does Eurex open?	11:17
<Charles_trad>	maybe FDAX long ?	11:18
<KN-ES>	Covered DAX Short @ 6880 --> - 1
	Reverse and Enter Long DAX @ 6880
	Exited 1/3 DAX Long @ 6881 --> + 1
<Charles_trad>	yep - still goes
<KN-ES>	Exited 1C DAX Long @ 6882 --> + 2	11:19
<Charles_trad>	... not sure ... ok I coverd +2
<KN-ES>	Exited 1C DAX Long @ 6883 --> + 3
	add 83	11:20
	Exited DAX Long @ 6885 --> + 5
	Reverse and Enter Short DAX @ 6885
<jsbach-->	got it. looks like eurex opens at 8am european time	11:21
<KN-ES>	Covered DAX Short @ 6883.50 --> + 1.5	11:22
	Reverse and Enter Long DAX @ 6883.50
	Exited 1/3 DAX Long @ 6886.50 --> + 3
	Exited DAX Long @ 6885 --> + 1.5	11:23
	Reverse and Enter Short DAX @ 6885
	Covered 1/3 DAX Short @ 6884 --> + 1
	Covered DAX Short @ 6885 --> 0	11:24
	Reverse and Enter Long DAX @ 6885
	Exited 1/3 DAX Long @ 6886 --> + 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	11:25
<KN-ES>	Exited DAX Long @ 6885 --> 0
	Reverse and Enter Short DAX @ 6885
	Covered DAX Short @ 6886 --> - 1	11:26
	Reverse and Enter Long DAX @ 6886
	Exited 1/3 DAX Long @ 6887 --> + 1
	Exited DAX Long @ 6886 --> 0	11:27
	Reverse and Enter Short DAX @ 6886
	Covered 1/3 DAX Short @ 6885 --> + 1	11:28
	Covered 1/3 DAX Short @ 6884 --> + 2
<Charles_trad>	Yep, covered DAX short +2	11:29
<KN-ES>	Covered DAX Short @ 6881 --> + 5
	Reverse and Enter Long DAX @ 6881
	Exited 1/3 DAX Long @ 6882 --> + 1	11:30
	Exited 1/3 DAX Long @ 6885 --> + 4
	add 82	11:31
	out all 2 82 85 + 3.00	11:32
	Exited DAX Long @ 6885 --> + 4	11:33
	Reverse and Enter Short DAX @ 6885
	Covered 1/3 DAX Short @ 6884 --> + 1	11:34
	Covered 1/3 DAX Short @ 6883 --> + 2
	Covered DAX Short @ 6885 --> 0
	Reverse and Enter Long DAX @ 6885
	Exited 1/3 DAX Long @ 6886 --> + 1	11:35
	Exited 1/3 DAX Long @ 6890 --> + 5	11:36
	Exited 1C DAX Long @ 6891 --> + 6	11:37
	Exited DAX Long @ 6889 --> + 4
	Reverse and Enter Short DAX @ 6889
	Covered 1/3 DAX Short @ 6888 --> + 1
<lumenPharmer>	s er 717.40
<Charles_trad>	covered DAx short +1.5	11:39
<KN-ES>	Covered 1/3 DAX Short @ 6887 --> + 2
	Covered DAX Short @ 6889 --> 0	11:40
	Reverse and Enter Long DAX @ 6889
	Exited 1/2 DAX Long @ 6894 --> + 5
	Exited 1C DAX Long @ 6896 --> + 7
<Charles_trad>	WOOWW ....	11:41
	DAX short?
<KN-ES>	Exited 1C DAX Long @ 6897 --> + 8
	h1
	shuld try 6900 first	11:42
<Charles_trad>	ok
<KN-ES>	6910 should be a good place to short
	and 6894 this side
<Charles_trad>	Yeah there was a resistence @ 6897	11:44
<lumenPharmer>	out -1.5	11:45
<KN-ES>	s.l 93.50 (+4.50)
	brb
	Exited all DAX Long @ 63.50 --> - 6825.5	11:50
	Exited all DAX Long @ 6893.50 --> + 4.5
	Shorts DAX @ 6893	11:51
<Charles_trad>	Wow ... May I ask how did you know that 6900 Resistence in advance so accurately ?
<KN-ES>	Covered 1/3 DAX Short @ 6892 --> + 1
	Covered DAX Short @ 6893 --> 0	11:52
	Reverse and Enter Long DAX @ 6893
	we are heading for 98
<jsbach-->	I've got an upside down Mexican hat formation in my oscillator
<KN-ES>	Exited 1/3 DAX Long @ 6894 --> + 1	11:53
	Exited DAX Long @ 6892.50 --> - 0.5
	Reverse and Enter Short DAX @ 6892.50
	thats a big order	11:54
<Charles_trad>	Mexican haaaaat .... ??!!! :-))
<KN-ES>	Covered 1/3 DAX Short @ 6891.50 --> + 1
	Covered 1/3 DAX Short @ 6890.50 --> + 2
	Covered DAX Short @ 6892 --> + 0.5	11:55
	Reverse and Enter Long DAX @ 6892
	Exited DAX Long @ 6891.50 --> - 0.5
	Reverse and Enter Short DAX @ 6891.50
	Covered DAX Short @ 6892.50 --> - 1	11:56
	Reverse and Enter Long DAX @ 6892.50
	last dx trd
	Exited 1/2 DAX Long @ 6893.50 --> + 1	11:57
<Charles_trad>	May I ask which oscillator showed that sombrero ? :-)
<talickca>	lol
<KN-ES>	<Charles_trad> Wow ... May I ask how did you know that 6900 Resistence in advance so accurately ? ---------------------- it bounced from there atleast 10 times b4	11:58
	:)
	dont use any
	now its 12:00
<Charles_trad>	ok ... thanks anyways, u did great
<KN-ES>	traders are getting out of trades, coz i think its case after that
	cash	11:59
<ripsboy>	Great trading KN...
<KN-ES>	thanks ripsboy
	thanks Charles_trad
	Exited all DAX Long @ 6893.50 --> + 1	12:00
	.....................
	now it will go up
	damm
	well, anyway, be back later	12:01
<Charles_trad>	so that upsidedown mexican hat was a joke, right ?
<jsbach-->	charles: no, I am posting a chart, one sec	12:02
<Charles_trad>	ok
<jsbach-->	Charles: http://stealth.kirenet.com/~r1chard/Mexi canhat.jpg	12:04
<Charles_trad>	ahh , ok ... thanks ... lets see	12:05
<lumenPharmer>	s er 717.90	12:06
<Charles_trad>	ahh ... I see the mexican hat ... interesting ... thanks
<jsbach-->	np	12:07
<Charles_trad>	which oscillator is that ... ?	12:08
<jsbach-->	RMO	12:09
<Charles_trad>	thanks
	My NinjaTrader doesnt have it ... :-/
<KN-ES>	Shorts ES @ 1384.25
	sz	12:10
	s.l 85.75
<jsbach-->	yeah I know
<NihabaAshi>	Long ER2 @ 718.10 -> small size
<lumenPharmer>	s.l 719.20	12:11
<jsbach-->	I believe Rahul Mohindar made a deal with Equis or whatever and the formula is encrypted or something so it's sort of exlusive to equis metastock
<NihabaAshi>	oh oh
	Pin Ball Machine price action showed up.
	Geesh.
	Exited all ER2 Long @ 719.20 --> + 1.1	12:17
	correction
	Exited ER2 Long @ 718.20 --> + 0.1
<Charles_trad>	thanks jsbach :-)	12:18
<NihabaAshi>	Shorts ER2 @ 718.00 -> small size	12:19
	:(	12:20
	This short feels like a trap	12:21
<lumenPharmer>	no volume everthing a trap ;)	12:22
<NihabaAshi>	I'm trying to dump this at 717.80 but no takers	12:23
	:(
	Need to take a break from trading to make more phone calls for a new backup broker and new backup charting program.	12:24
<lumenPharmer>	looking for 716, might take all day, and they might gun down my stops, this sucks
	summer is here :( early	12:25
<NihabaAshi>	:(
<lumenPharmer>	wonder if we are going back to "guess the morning gap" then crap	12:28
<jsbach-->	ninjatrader is not working on my backup machine...so i will have to figure that out later. it's not giving me the option to select "Zenfire" as a feed, etc. so I guess I have the wrong copy of ninjatrader or something.
<NihabaAshi>	Covered ER2 Short @ 718.70 --> - 0.7	12:30
	Reverse and Enter Long ER2 @ 718.70
* codehead_afk	is now known as codehead	12:35
<NihabaAshi>	volatility spike	12:37
	The type that has a good chance of reversing just as fast
	Exited ER2 Long @ 719.00 --> + 0.3	12:38
<lumenPharmer>	got my stop, no love for the shorts
<NihabaAshi>	Be back later...this price action tells me to go back to making phone calles :)	12:39
<lumenPharmer>	lol good idea :)
	last hour will be guess the next days gap, might get some action then	12:40
<Andy>	Long ER2 @ 718.2	13:15
	Exited all ER2 Long @ 717.8 --> - 0.4	13:17
<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	13:28
<Andy>	Long ER2 @ 716.6	13:56
	Exited 1/2 ER2 Long @ 717.1 --> + 0.5	13:59
	Exited Remainder ER2 Long @ 716.9 --> + 0.3	14:03
<KN-ES>	nice trade Andy	14:06
<Andy>	thanks KN... :)
	Long ER2 @ 716.4	14:10
	Exited all ER2 Long @ 716 --> - 0.4	14:12
<lumenPharmer>	got my 716, but shook me out 2 times first ;)	14:13
<KN-ES>	:)	14:14
<lumenPharmer>	;P
<KN-ES>	Long ES @ 1381	14:15
<codehead>	Ym getting down to support are, potential for cci vegas on 3 min chart	14:22
<KN-ES>	Exited ES Long @ 1380.5 --> - 0.5	14:23
	Reverse and Enter Short ES @ 1380.5
<codehead>	no vegas, going for the 50 test	14:24
<KN-ES>	Covered ES Short @ 1378.25 --> + 2.25
	Reverse and Enter Long ES @ 1378.25
	s.l 77.25
	nop
	Exited 3/4 ES Long @ 1379.25 --> + 1	14:25
	s.l 77.25	14:26
	Exited ES Long @ 1379 --> + 0.75	14:27
	Reverse and Enter Short ES @ 1379
	Covered 3/4 ES Short @ 1378 --> + 1	14:29
<Andy>	Long ER2 @ 714.8	14:31
<KN-ES>	Covered 1C ES Short @ 1377.50 --> + 1.5	14:32
<Andy>	Exited all ER2 Long @ 714.4 --> - 0.4
<KN-ES>	Covered 1C ES Short @ 1377 --> + 2
	Covered 1C ES Short @ 1376 --> + 3	14:34
<startrader>	Long ES @ 1376
<KN-ES>	looks like 73.50 is the bottom at this moment	14:35
	i guess	14:36
	Covered 1C ES Short @ 1375 --> + 4
	Covered 1C ES Short @ 1375.50 --> + 3.5	14:37
	s.l 79 0.00
	h3
<startrader>	Exited all ES Long @ 1377 --> + 8	14:41
<KN-ES>	Covered ES Short @ 1975.50 --> - 596.5	14:47
	Reverse and Enter Long ES @ 1975.50
	nop
	Long ES @ 1976.50
<NihabaAshi>	Long ER2 @ 713.10 -> small size
<KN-ES>	Long ES @ 1376.50	14:48
	i can never get it right
	Exited ES Long @ 1377 --> + 0.5
	Reverse and Enter Short ES @ 1377
	s.l 79
<NihabaAshi>	not looking good	14:50
<KN-ES>	Covered 1/2 ES Short @ 1376 --> + 1
	it will go up.. ig uess\
<codehead>	YM above 12638 might get a few ticks
<KN-ES>	Covered ES Short @ 1377 --> 0	14:51
	Reverse and Enter Long ES @ 1377
<codehead>	hmn, got through, but running into pivot...
<NihabaAshi>	I got other key markets on my side but ER2 not responding so far :(	14:53
<KN-ES>	Exited 3/4 ES Long @ 1378 --> + 1	14:54
	s.l 75
	Exited ES Long @ 1378 --> + 1	14:55
	Reverse and Enter Short ES @ 1378
	s.l 80
<codehead>	trendline and pivot making it tough on Ym here, stalled at +7 above that 12638 level	14:56
	looks like it needs a dip
<KN-ES>	Covered 3/4 ES Short @ 1376.50 --> + 1.5
<startrader>	Have a target off 60 min reversal bar of 72 that would fill the gap.	14:58
<KN-ES>	Covered 2C ES Short @ 1376 --> + 2
<NihabaAshi>	DAX not looking good
	time to dump	14:59
	Exited ER2 Long @ 713.50 --> + 0.4
	Shorts ER2 @ 712.70 -> small size	15:00
<KN-ES>	Covered 1C ES Short @ 1374 --> + 4
<NihabaAshi>	Key markets in sync...downwards.
	Hopefully they will continue
<codehead>	YM gap fill done
<startrader>	Long ES @ 1373.75	15:01
<robert>	Long ES @ 73.25	15:02
<KN-ES>	Covered 1C ES Short @ 1373 --> + 5
	Covered ES Short @ 1373.50 --> + 4.5	15:03
	Reverse and Enter Long ES @ 1373.50
	sl 2	15:04
	Exited 3/4 ES Long @ 1374.50 --> + 1
<NihabaAshi>	Covered all ER2 Short @ 712.30 --> + 0.4
<KN-ES>	Exited ES Long @ 1375 --> + 1.5
	Reverse and Enter Short ES @ 1375
	s.l 77
<NihabaAshi>	Shorts ER2 @ 711.90 -> medium size	15:05
<KN-ES>	Covered 3/4 ES Short @ 1374 --> + 1	15:06
	Covered ES Short @ 1374 --> + 1
	Reverse and Enter Long ES @ 1374
	s.l 72.50	15:07
<NihabaAshi>	Key markets trying to form a support level but they are not all in sync
<KN-ES>	Exited ES Long @ 1374 --> 0	15:08
	Reverse and Enter Short ES @ 1374
<robert>	Exited all ES Long @ 72.75 --> - 0.5
<KN-ES>	Covered 3/4 ES Short @ 1372.50 --> + 1.5	15:09
<robert>	Long ES @ 72.50
<startrader>	Long ES @ 1372.50
<KN-ES>	Covered 2C ES Short @ 1372 --> + 2	15:10
<NihabaAshi>	Covered 3/4 ER2 Short @ 710.30 --> + 1.6
<KN-ES>	Covered ES Short @ 1372 --> + 2	15:12
	Reverse and Enter Long ES @ 1372
	sl 2
	Exited 3/4 ES Long @ 1373 --> + 1
<Pepe>	very nice trade Niha!!!	15:13
<KN-ES>	Exited 2C ES Long @ 1374 --> + 2
<startrader>	Exited all ES Long @ 1374 --> + 1.5	15:14
<KN-ES>	Exited ES Long @ 1373.50 --> + 1.5
	Reverse and Enter Short ES @ 1373.50
	s.l 75
	add 74.50	15:15
<NihabaAshi>	Covered Remainder ER2 Short @ 711.80 --> + 0.1	15:19
<KN-ES>	hit and out
	need a break
<NihabaAshi>	I'm about to take my 4th break of the trading day :)	15:20
<KN-ES>	:)
	its way too slow
	the market
	Shorts ES @ 1375	15:23
	sz
	sl 77
<robert>	Exited all ES Long @ 76 --> + 3.5
<KN-ES>	nice trade robert
<robert>	;-)	15:24
<KN-ES>	brb
<futurible>	Long ER2 @ 712.7 «« paper »»	15:31
<talickca>	ES going for the low?	15:34
<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
<KN-ES>	Covered 1C ES Short @ 1371.50 --> + 3.5	15:37
	Covered 1C ES Short @ 1372 --> + 3
<talickca>	nice
<KN-ES>	Covered 1C ES Short @ 1372.50 --> + 2.5
	Covered 1C ES Short @ 1373 --> + 2	15:38
	Covered 1C ES Short @ 1373.50 --> + 1.5
	add 1373.75
	fill 73.50	15:39
	out all 4 73.50 73.20 + 1.00
	Covered ES Short @ 1373 --> + 2	15:40
	Reverse and Enter Long ES @ 1373
	sl 71
	Exited ES Long @ 1374 --> + 1	15:41
	Reverse and Enter Short ES @ 1374
	s.l 76.75
	brb
<futurible>	Exited all ER2 Long @ 712.0 --> - 0.7 «« paper »»	15:42
<KN-ES>	Covered 3/4 ES Short @ 1372.50 --> + 1.5
<startrader>	Long ES @ 1373	15:43
<KN-ES>	Covered 2C ES Short @ 1373 --> + 1
<futurible>	Long ER2 @ 712.10 «« paper »»
<KN-ES>	add 74	15:44
<startrader>	Exited all ES Long @ 1374.50 --> + 1.5	15:46
<KN-ES>	sl 76.75 -------> 77.00
	brb
<futurible>	Exited 1/2 ER2 Long @ 713.10 --> + 1 «« paper »»	15:47
	Exited Remainder ER2 Long @ 712 --> - 0.1 «« paper »»
	correction
	Exited Remainder ER2 Long @ 712.80 --> + 0.7 «« paper »»	15:50
<talickca>	1374 very sticky	15:53
<Brutus>	http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={bac3f 52a-b46f-4668-9a79-2779e09f9e18}	16:01
<ripsboy>	KN-ES...if you don't mind saying...what time frame charts do you use?	16:02
<Andy>	I know KN's style...KN uses nanosecond charts :)	16:11
<talickca>	I'm very curious about his style, absolutely incredible	16:12
<KN-ES>	back
	i dodnt use any charts to take entry
	but use 1 min to take exit	16:13
<ripsboy>	thank you...
<talickca>	yes Thank you.
<KN-ES>	you welcome
	h5	16:14
	waiting for 70
<talickca>	Think we'll make 70?
<KN-ES>	Covered 2C ES Short @ 1372 --> + 2
	s.l 74 0.00	16:15
	new see if we can make it
<Brutus>	04/07/2008 16:15 *DJ AMD Updates 1Q Outlook
<talickca>	I'm off to sleep. Everyone have a good day. Thank you KN for sharing	16:17
<KN-ES>	take care. see u tomorrow	16:18
<Brutus>	should get a small selloff on the AMD news KN	16:22
<KN-ES>	:)	16:23
	by the time it stopped we had some hug sale orders	16:24
<Brutus>	downgrade revenue and 10% cut in workforce
<KN-ES>	so should see open low
	yes
	thats should a good news for short
<Brutus>	good tradeing as always
<KN-ES>	:)
<werner>	gn all	16:28
<KN-ES>	Covered 1C ES Short @ 1371 --> + 3	16:32
	Covered 1C ES Short @ 1370 --> + 4	16:37
<Brutus>	vn kn
<KN-ES>	thanks
	Covered Remainder ES Short @ 1370 --> + 4	16:38
	doen...........
	dont have any energy left :)
<Brutus>	lol
<KN-ES>	done = doen :)	16:39
<LonelyTrader>	Hello room. First post. Looking forward to trading with you all.	17:01
<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	17:37
* DisconnectedSession	Close: Mon Apr 07 18:19:36 2008	18:19
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