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#FuturesTrades April 8th Tuesday 2008 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+2.10	+71.80	+1167.20
$210	$7,180	$116,720

Profitable Trade

0955am - 1013am est

Losing Trade

0939am - 0945am est

click on image to view actual size

Current Performance Record

Key Trades of the Day

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.

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: Tue Apr 08 09:26:31 2008Session Ident: #futurestrades

* Now talking in #futurestrades 09:26

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

<NihabaAshi> Good morning all 09:27

<werner> gm niha,all

<Andy> gm all

<ripsboy> gm all... 09:28

<nqcruiser> gm mates

<drt> gm everyone 09:29

<pat255> gm all.. 09:31

@office :(

<szubaark> Buys ES @ 1364.75 «« paper »» 09:34

<eminitrader> Long ES @ 1364.25

<nqcruiser> emini we r in same mind

<jsbach_1> there we go

* jsbach_1 is now known as jsbach-

<nqcruiser> i think of a short around 68

<eminitrader> :)

my sells will start @ around 78-83 area 09:35

Exited 1/3 ES Long @ 1366.25 --> + 2 09:36

<szubaark> Exited all Long ES at 1366.50 --> + 1.75 «« paper »»

<eminitrader> as of pa now...may change those nos ..depending on the pa

<Spartan> Shorts ES @ 1366.25 -> small size «« paper »» 09:37

<NihabaAshi> Shorts ER2 @ 706.80 -> small size 09:39

intuition only

<eminitrader> Exited Remainder ES Long @ 1364.25 --> 0

<nqcruiser> ouxh it was quick 09:40

i got 1 pt 09:41

shorting

<anglo> gm

<eminitrader> Shorts ES @ 1365.75

<szubaark> Buys ES @ 1365 «« paper »»

<NihabaAshi> Shorts ER2 @ 707.40 -> small size 09:42

That's an ADD

<eminitrader> Covered ES Short @ 1365.75 --> 0

Reverse and Enter Long ES @ 1365.75

<szubaark> lets see if we breakout of this range 09:43

<Spartan> Covered all ES Short @ 1365.25 --> + 1 «« paper »»

<szubaark> exit stop moved to breakeven ES @ 1365 «« paper »»

<eminitrader> Exited 1/3 ES Long @ 1365.75 --> 0 09:44

oop[s

<szubaark> Exited all Long ES at 1366.50 --> + 1.5 «« paper »»

<eminitrader> Exited 1/3 ES Long @ 1366.75 --> + 1

<NihabaAshi> Covered ER2 Short @ 707.80 --> - 0.4 09:45

<nqcruiser> emini u r fast

<szubaark> Shorts ES @ 13678 «« paper »»

Shorts ES @ 1367 «« paper »»

<NihabaAshi> -1 point on the other contract

<eminitrader> gotto keep up wuth the price action

<nqcruiser> Damn NT doesnt have stops 09:46

<szubaark> exit stop set ES @ 1368 «« paper »»

<Spartan> Shorts ES @ 1367 -> small size «« paper »»

<NihabaAshi> Shorts ER2 @ 707.80 -> small size 09:47

3 only

<Spartan> stp 68.25 09:48

<eminitrader> Exited Remainder ES Long @ 1365.75 --> 0

<szubaark> exit stop moved to breakeven ES @ 1367 «« paper »»

<eminitrader> Long ES @ 1365.75 09:49

<szubaark> Covered all Short ES at 1367 --> 0 «« paper »» 09:50

Buys ES @ 1367.25 «« paper »» 09:51

<NihabaAshi> Covered ER2 Short @ 708.30 --> - 0.5

<eminitrader> Exited 1/3 ES Long @ 1367.25 --> + 1.5

<Spartan> Covered Remainder ES Short @ 1368.25 --> - 1.25 «« paper »» 09:52

<szubaark> Exited all Long ES at 1367 --> - 0.25 «« paper »» 09:53

Shorts ES @ 1367.25 «« paper »»

<startrader> Shorts ES @ 1368.25 09:55

<NihabaAshi> Long ER2 @ 709.20 -> small size

intuition

3 only

<silo> niha, this bounce is bounce off the bottom of 60min chart

:)

<Andy> home sales 4 min

<KN-ES> Shorts ES @ 1368.25 09:56

<szubaark> exit stop set ES @ 1369 «« paper »» 09:57

<Spartan> Shorts ES @ 1367.50 -> small size «« paper »»

<KN-ES> s.l 68.50

<szubaark> 10 AM report in 2 minutes 09:58

<NihabaAshi> Thanks szu 09:59

Because its not on my calendars :(

<szubaark> [10:56] <Andy> home sales 4 min

<NihabaAshi> I see it now...I must be blind not to see that on the calendar :( 10:00

<nqcruiser> if u pick up 1 pt on ES that's a wonder

tough day

<KN-ES> Shorts ES @ 1367.25

s.l 68.50

<NihabaAshi> At least we've got some volatility... 10:01

<Spartan> yeah i hate trading in ranges early in the session

<NihabaAshi> May be able to do some size if the volatility maintains itself

<KN-ES> Covered ES Short @ 1368.25 --> - 1

Reverse and Enter Long ES @ 1368.25

<szubaark> Covered all Short ES at 1369 --> - 1.75 «« paper »»

<NihabaAshi> Long ER2 @ 710.30 -> Add 10:02

<eminitrader> Exited 1/3 ES Long @ 1368.75 --> + 3

<silo> the volatility is mainly a bounce off bottom though... so dont know how long this will last

check 60min er2 chart

<NihabaAshi> Volatility starting to decline fast :(

<KN-ES> Exited all ES Long @ 1367.75 --> - 0.5 10:03

<szubaark> Shorts ES @ 1367.25 «« paper »»

<NihabaAshi> If volatility doesn't pick up again...

I'll become bearish fast

<eminitrader> Exited ES Long @ 1366.75 --> + 1 10:04

Reverse and Enter Short ES @ 1366.75

<Spartan> I think we should touch 1360 again on es before another up move, just my opinion

<startrader> Covered all ES Short @ 1367.25 --> + 1

<NihabaAshi> volatility still declining 10:05

<silo> and which one of you use openEcry

<eminitrader> looks like the jumped the stops on earlier sellers

<szubaark> using 10 am News :)) 10:06

<eminitrader> Covered 1/3 ES Short @ 1365.75 --> + 1

<KN-ES> Long ES @ 1366.25 10:07

<szubaark> exit stop moved to breakeven ES @ 1367.25 «« paper »»

<eminitrader> Covered Remainder ES Short @ 1366.75 --> 0

<NihabaAshi> volatility still declining a little more

<Spartan> nq near support area

<szubaark> yup, NQ needs to break here for ES to follow 10:08

<Spartan> agreed

<KN-ES> s.l 66

<startrader> Daily s1 at 65 and 38% of 4.1.08 low at 63 handle. 10:09

<KN-ES> Long ES @ 1366.25 10:10

<silo> we are still in a range by the way

<szubaark> Covered all Short ES at 1367.25 --> 0 «« paper »»

<NihabaAshi> volatility spike

<eminitrader> tough being a seller in this pa

<KN-ES> Exited 3/4 ES Long @ 1367.50 --> + 1.25

<NihabaAshi> can it hold :)

<KN-ES> add

<Spartan> Covered all ES Short @ 1368.25 --> - 0.75 «« paper »» 10:11

<szubaark> Shorts ES @ 1367.75 «« paper »»

<NihabaAshi> A 710.30 will have me saying YES it'll keep its volatility a little longer

Key markets now in sync together

<talickca> morning 10:12

<KN-ES> Exited 1/4 ES Long @ 1369.25 --> + 3

finally

............

<NihabaAshi> Exited 1/2 ER2 Long @ 710.50 --> + 0.2 10:13

<KN-ES> s.l 66.25 0.00

<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> Exited ES Long @ 1368.25 --> + 2

Reverse and Enter Short ES @ 1368.25

<Spartan> Shorts ES @ 1368.25 -> small size «« paper »»

<NihabaAshi> Exited Remainder ER2 Long @ 710.00 --> + 0.8

Things not lookin so bullish after it got above 710.00 :( 10:14

<Spartan> higher prices rejected quickly

<KN-ES> Covered ES Short @ 1367.75 --> + 0.5

Reverse and Enter Long ES @ 1367.75

<NihabaAshi> Had the price action not changed...I would have held to see if I could get a 711.30 10:15

<szubaark> now they got all Stops above, lets see whats next

<KN-ES> Exited all ES Long @ 61367.50 --> + 59999.75

<szubaark> lol

<KN-ES> Exited all ES Long @ 1367.50 --> - 0.25

<NihabaAshi> ER2 trying to push higher...its on its own right now...no help. 10:16

Long ER2 @ 710.60 -> small size 10:18

<Bambam-77> es wants 71

<NihabaAshi> intuition only

<silo> Long ER2 @ 710.70 -> medium size «« paper »» 10:19

<szubaark> exit stop set ES @ 1369.75 «« paper »»

<silo> Long ER2 @ 710.70 -> Add «« paper »» 10:20

<szubaark> Covered all Short ES at 1369.75 --> - 2 «« paper »» 10:21

<Bambam-77> looking for ss scalp 71 area protect longs

<szubaark> Shorts ES @ 1369.25 «« paper »» 10:22

<Spartan> Covered all ES Short @ 1370.25 --> - 2 «« paper »»

<startrader> Shorts ES @ 1369.50 10:24

<NihabaAshi> Exited 2/3 ER2 Long @ 711.00 --> + 0.4

<silo> hey guys, who is the one that uses openEcry?

<NihabaAshi> Exited Remainder ER2 Long @ 710.70 --> + 0.1

<nqcruiser> i got married to my bias and took a 4pt hit on es 10:25

<Spartan> Shorts ES @ 1369 -> small size «« paper »» 10:26

<NihabaAshi> They ran me out of that Long :( 10:27

<silo> :P 10:28

<NihabaAshi> Overall, volatility still not good enough for doing any large position size

<Charles_trad> can I ask what does <<<paper>>> mean after the posted trade ?

<NihabaAshi> simulator trade

<Charles_trad> thanks 10:29

<NihabaAshi> The script use to say "simulator".

<eminitrader> Long ES @ 1368

<NihabaAshi> However, I got too many emails with questions by some that asked what does "simulator" mean.

:(

<Charles_trad> :-)) 10:30

<NihabaAshi> Thus, I changed it to "Paper".

Hopefully those paper trading are using their broker simulator and not some third party simulator. 10:31

<Spartan> ninjatrader simulator for me

<jsbach-> same here

<szubaark> Covered all Short ES at 1368.50 --> + 0.75 «« paper »» 10:34

Buys ES @ 1368.50 «« paper »» 10:36

<eminitrader> Exited 1/3 ES Long @ 1370 --> + 2 10:37

<Spartan> Covered all ES Short @ 1370.50 --> - 1.5 «« paper »» 10:38

<KiwiRoo> S 70.50

<szubaark> Exited all Long ES at 1370.25 --> + 1.75 «« paper »»

<Bambam-77> 71 on dec

<startrader> Shorts ES @ 1370.50 -> Add 10:39

<KiwiRoo> 71 is Gap fill.... ES

<eminitrader> 72.25 is gap fill 10:40

<KiwiRoo> yeah.... sort of.... :P

<silo> $$

<Spartan> Shorts ES @ 1370.75 -> small size «« paper »»

<Bambam-77> ss 71 10:41

flat scalp 70.50 10:43

73.25 next pos trgt 10:44

<eminitrader> Exited 1/3 ES Long @ 1371 --> + 3

<silo> Exited 1/2 ER2 Long @ 712.70 --> + 2 «« paper »»

<szubaark> nice trade silo 10:45

<Bambam-77> 715.1 er ver doable

<eminitrader> ur reversal earlier was a good read szu.. 10:46

<silo> thanks szu

<Andy> Shorts ER2 @ 713.1

<Bambam-77> ver = very

<eminitrader> Exited ES Long @ 1371.25 --> + 3.25 10:48

Reverse and Enter Short ES @ 1371.25

<NihabaAshi> CNBC said something that correlates with something my spouse father I said many years ago... 10:49

<eminitrader> looks like i was abit too early

<NihabaAshi> About 80% of Gold is still in the ground

<szubaark> Shorts ES @ 1371 «« paper »»

<Pepe> yes niha 10:50

<ItalianSharp> today and yesterday i already received different notices by TS about ISE exchange experiencing issues...they need to get their act together if they wanna hold ER2 traders

<silo> market out of sync at the moment

<eminitrader> Covered all ES Short @ 1371.25 --> 0

<Andy> Covered all ER2 Short @ 713.4 --> - 0.3

<silo> for t his move that is

<eminitrader> Shorts ES @ 1371.25 10:51

looks like indices in sync now

<silo> Exited Remainder ER2 Long @ 713.10 --> + 2.4 «« paper »» 10:52

<eminitrader> hope this ES sell set-up is not a fake...not too comfortable selling in this area 10:53

<silo> anyone in here uses openEcry? 10:54

<eminitrader> Covered all ES Short @ 1371.25 --> 0 10:55

<szubaark> emini, looks like they shook you out 10:56

<eminitrader> yep ...looks like it szu..:((

<szubaark> hopefully Diveregence traders send this lower here

<eminitrader> its just that i was not comfortable with this trade and had a large size too

<szubaark> Covered all Short ES at 1369 --> + 2 «« paper »» 11:01

<Spartan> good job today szu

<KiwiRoo> +1.5 from 70.50 S. reverse L.

<szubaark> thanks...

<eminitrader> see u all later guys .. 11:02

<jsbach-> market profile histogram indicated to me that 1372.75 was resistance on ES...was pretty sure price would bounce downward off of that level

price spent a lot of time at that level from April 3rd---April 4th 11:03

<KiwiRoo> 1st target 70.25 for +1 (1/2). 11:05

stop @ 68.25

too 2sided.. out 11:09

0.

out 10secs too early... 11:10

<startrader> Shorts ES @ 1370.50 -> Add 11:11

<Spartan> 3 min nq double top? 11:13

<KiwiRoo> Look like triangle to me...

<startrader> Covered all ES Short @ 1368.50 --> + 3 11:15

<KiwiRoo> Nice star.

<startrader> ty

<Spartan> exit stop moved to breakeven ES @ 1370.75 «« paper »» 11:17

<startrader> ym touched 38% of day's move and es at 50%. 15 min closes and line of control at 68. Still expect a downside expansion range this afternoon but will wait for a good signal. 11:18

<Spartan> Covered all ES Short @ 1370.75 --> 0 «« paper »» 11:27

<jsbach-> hrm

<Spartan> :(

Shorts ES @ 1370 -> small size «« paper »» 11:28

Covered all ES Short @ 1372 --> - 2 «« paper »» 11:34

<silo> Long ER2 @ 714.60 -> small size «« paper »»

<NihabaAshi> Just got back... 11:36

Market still going higher.

<jsbach-> second test of this area ES

market profile histogram showing it as a control area from april 3rd--april 4th (1372.75)

<Spartan> Shorts ES @ 1370.50 -> small size «« paper »» 11:38

<silo> Exited all ER2 Long @ 713.50 --> - 1.1 «« paper »» 11:40

<NihabaAshi> weak support area 11:41

Good area to reverse a bad position too without a lot of risk

Shorts ER2 @ 712.90 -> small size 11:42

intuition 11:43

Especially after missing about 45mins work of trading in the price rise 11:44

support area still weak 11:46

key markets showing some support now for the Longs

<Charles_trad> yeah, I would go for long on ER 11:48

<Spartan> exit stop moved to breakeven ES @ 1370.50 «« paper »» 11:50

<NihabaAshi> WRB profit target reached 11:51

Covered all ER2 Short @ 712.40 --> + 0.5 11:52

<jsbach-> crude looking like buy 11:58

dropped 3 pts. dmi heading together, oscillator heading up 11:59

* codehead_afk is now known as codehead 12:08

<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 12:19

<Spartan> Covered all ES Short @ 1368.50 --> + 2 «« paper »» 12:46

<szubaark> Buys ES @ 1369.50 «« paper »» 12:55

<ItalianSharp> this market sucks...since we've built a bottom, volatility has been contracting big time...are the beautiful august days gone?

<Spartan> Shorts ES @ 1368.25 -> small size «« paper »» 12:58

<szubaark> Exited all Long ES at 1367.50 --> - 2 «« paper »» 13:03

Shorts ES @ 1367.50 «« paper »»

Covered all Short ES at 1367.50 --> 0 «« paper »» 13:09

Buys ES @ 1367.50 «« paper »»

<Spartan> hope I am on the right side of the fence 13:27

<codehead> long ER2 709.7 <paper> 13:29

<szubaark> Exited all Long ES at 1366 --> - 1.5 «« paper »» 13:30

Shorts ES @ 1366 «« paper »»

i tried Longs, didnt work 13:31

<codehead> stop 708.9

exit -.2 ER <paper> 13:32

violated the level

ok, fib level indicate ER should try 708.5, negated if 711.4 breaks to upside 13:39

short 710.00 ER <paper> 13:42

stop 711.50Â <paper>

may be early

<szubaark> possible low of day test coming up 13:43

<codehead> hm, got within a tick of first profit target, fast pop 13:44

<Spartan> dax getting jumpy

<codehead> exit ER2 flat <paper> 13:46

need to work

<silo> who here uses openEcry?

<codehead> short ER2 710.20 <paper> 13:48

same stop 711.50 <paper>, target 708.50

<Spartan> Covered all ES Short @ 1368.25 --> 0 «« paper »» 13:52

Long ES @ 1368 -> small size «« paper »» 13:53

<codehead> add ER2 short 710.90, same stop <paper> 13:57

<startrader> fomc minutes coming up... 13:59

<codehead> oic

<szubaark> oopps.. forgot about that 14:00

<codehead> exit add +1.9

<paper>

<Spartan> Exited all ES Long @ 1366 --> - 2 «« paper »»

<codehead> lower sopt on remainder b/e 14:01

<szubaark> lets ee if they whack low of day using the Volatility from FOMC

<codehead> stop tapped 14:03

short 710.40 1c <paper>, stop 711.50 14:05

target 708.5

exit +1 ER2 <paper> 14:06

<startrader> Shorts ES @ 1366.50

<codehead> still target, but taking advantage of volatility and quick gain 14:07

<Spartan> Shorts ES @ 1365.75 -> small size «« paper »»

<codehead> 708.70 hit... 14:08

target hit

looks like lower

<startrader> Would like to see 55 today. 14:09

<codehead> 707.5, 706.7 next ER fib levels 14:10

<szubaark> Covered all Short ES at 1364.50 --> + 1.5 «« paper »» 14:17

<Spartan> nice szu

<szubaark> thanks.. pause here so getting out 14:18

<KN-ES> Long ES @ 1363.50 14:21

<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 14:22

<KN-ES> s.l 1362

Exited ES Long @ 1363 --> - 0.5 14:23

Reverse and Enter Short ES @ 1363

s.l 65

brb 14:25

<startrader> Covered all ES Short @ 1364 --> + 2.5 14:32

<pat255> vn star

<startrader> Still like short under 65, but 15 and 60 min close say get out. 14:33

<codehead> ER2 hit a symmetrical wave target at 707.1 low 14:34

<silo> how many people here uses a backup broker? 14:36

<codehead> that is, the move of 713.6 last peak yesterday (5 min chart) to opening low 705.8 (-7.8) was mirrored in the move from today's high 714.9 to 707.1 (-7.8)

<Spartan> Covered all ES Short @ 1365.75 --> 0 «« paper »» 14:37

<startrader> Shorts ES @ 1365.50 14:38

<Spartan> Shorts ES @ 1365.50 -> small size «« paper »» 14:40

<startrader> got 1 more shot to break this 65 number. 14:41

Shorts ES @ 1366 -> Add

<codehead> ultimately, ER has 705.3 area to retest, double bottom, fib levels 14:46

<startrader> Covered all ES Short @ 1365 --> + 1.5 14:47

Shorts ES @ 1366 14:48

<Spartan> Covered all ES Short @ 1367.50 --> - 2 «« paper »» 14:50

<startrader> Covered all ES Short @ 1367.25 --> - 1.25

Shorts ES @ 1368 14:51

<Spartan> Long ES @ 1368.50 -> small size «« paper »» 14:59

Exited all ES Long @ 1366.50 --> - 2 «« paper »» 15:05

<startrader> git out of the way 65! 15:10

<codehead> 709.70 tapped, exactly .500 retracement 15:12

getting a little bounce form there

if it loses it, 708.20 an interesting level 15:13

<startrader> waterfall selloff 15:15

<Spartan> Shorts ES @ 1365.50 -> small size «« paper »»

<KN-ES> Long ES @ 1365.50 15:25

s.l 63.50 15:26

<Charles_trad> what "s.l" means ?

<Spartan> stop loss 15:27

<Charles_trad> ah ... thanks

<KN-ES> finally back home :)

<Spartan> Covered all ES Short @ 1366.75 --> - 1.25 «« paper »» 15:29

<KN-ES> Exited 3/4 ES Long @ 1367 --> + 1.5

<startrader> Shorts ES @ 1367 -> Add

<KN-ES> Exited 1/4 ES Long @ 1368.50 --> + 3 15:30

Exited 2C ES Long @ 1368 --> + 2.5

Exited 2C ES Long @ 1369.50 --> + 4 15:31

Exited 1C ES Long @ 1370 --> + 4.5

Exited 1C ES Long @ 1369 --> + 3.5

h2

sl 65.50 0.00 15:32

should see 67 again 15:33

<codehead> the ER retracement ended up being .618 fib level *exactly*

<KN-ES> add 68.50 15:34

<Spartan> Long ES @ 1369 -> small size «« paper »»

<KN-ES> Exited ES Long @ 1368.50 --> + 3 15:39

Reverse and Enter Short ES @ 1368.50

Covered 1/2 ES Short @ 1367.50 --> + 1 15:40

s.l 69.50

Covered 1/4 ES Short @ 1367 --> + 1.5 15:41

<Spartan> Exited all ES Long @ 1367.25 --> - 1.75 «« paper »»

<KN-ES> Covered ES Short @ 1367.50 --> + 1

Reverse and Enter Long ES @ 1367.50

Exited 1/2 ES Long @ 1368.50 --> + 1 15:43

<codehead> .786 retracement hit on ER2 15:45

nice

<KN-ES> Exited 1/4 ES Long @ 1369.50 --> + 2

Exited 2C ES Long @ 1369 --> + 1.5

Exited ES Long @ 1368.5 --> + 1 15:46

Reverse and Enter Short ES @ 1368.5

<codehead> wow, was discussing this area earlier with firend: 12:04 codehead: .786 and pivot cluster at 713.2 area 15:47

<KN-ES> Covered 1/2 ES Short @ 1367.50 --> + 1

<codehead> of course, because of the cluster it's a sell too

once reached

<KN-ES> Covered 1/4 ES Short @ 1367.50 --> + 1

Covered 2C ES Short @ 1367 --> + 1.5 15:48

Covered ES Short @ 1367 --> + 1.5 15:49

Reverse and Enter Long ES @ 1367

s.l 66

<codehead> 714.1 is a symmetric wave target, but that cluster at 713.2-713.5 area is probably too storng for now 15:50

<KN-ES> Exited 1/2 ES Long @ 1368.50 --> + 1.5

Exited 1/4 ES Long @ 1368 --> + 1 15:51

that 67 ............ 15:53

Exited ES Long @ 1368 --> + 1

Reverse and Enter Short ES @ 1368

s.l 69

Covered ES Short @ 1367.75 --> + 0.25 15:54

Reverse and Enter Long ES @ 1367.75

sl 66.75

1 tick down

Exited ES Long @ 1367.50 --> - 0.25 15:59

Reverse and Enter Short ES @ 1367.50

dax is making much more sense

Covered ES Short @ 1368 --> - 0.5 16:00

Reverse and Enter Long ES @ 1368

68.25

<Brutus> http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={f1027 8bc-19b2-4e55-9ea6-412d9a77b553} 16:01

<KN-ES> and gone with the wind

s.l 67 16:04

whatever

Exited 1/2 ES Long @ 1370.25 --> + 2.25 16:06

2

Exited 1/4 ES Long @ 1370.75 --> + 2.75 16:08

Exited 2C ES Long @ 1369.75 --> + 1.75 16:11

<werner> very nice kn

<KN-ES> thanks werner 16:12

<werner> gn all

<KN-ES> 300 + con couldnt move it a bit.. 16:14

and finally

<NihabaAshi> I had a lot of personal stuff to do today and didn't do too many trades because of such. 16:27

Will be the same for the remainder of the week...just a few trades in the morning and that's all.

Take care all and see all tomorrow. 16:28

<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

* NihabaAshi is now known as NihabaAshi_away

<KN-ES> Exited 2C ES Long @ 1371.25 --> + 3.25 16:31

s.l 68.25 0.00 16:32

Exited 2C ES Long @ 1371.75 --> + 3.75 16:33

<codehead> 12:50 codehead: 714.1 is a symmetric wave target, but that cluster at 713.2-713.5 area is probably too storng for now

but sheesh, hit 714.90 after hours

* DisconnectedSession Close: Tue Apr 08 20:31:58 2008 20:31

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