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Chat Log below is eastern
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Canada time zone. |
| Session Start: Tue Apr 15 09:30:41
est 2008 Session Ident: #futurestrades |
* Now | talking in #futurestrades | 09:30 |
<X> | [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm |
<drt> | gm all | 09:31 |
<pat255> | gm all.. |
| still stuck @ office this week...:9 |
<lumenPharmer> | oil crazy |
<szubaark> | Buys ES @ 1338.50 «« paper »» | 09:32 |
<talickca> | Long ES @ 1338.25 | 09:36 |
| Exited all ES Long @ 1337.75 --> - 0.5 |
| nope | 09:37 |
| reverse that should be +0.5 |
<Spartan> | Long ES @ 1338 -> small size «« paper »» |
| Exited all ES Long @ 1336 --> - 2 «« paper »» | 09:39 |
| new I should have waited |
| knew |
| I meant |
<eminitrader> | Es support area 1329-1332 ...good area to go long | 09:40 |
<NihabaAshi> | Shorts ER2 @ 689.70 -> medium size | 09:41 |
<eminitrader> | also gap fill in that area...high prpbability of mrkt testing that level |
<NihabaAshi> | Covered all ER2 Short @ 689.30 --> + 0.4 | 09:46 |
<Spartan> | Long ES @ 1336.25 -> small size «« paper »» |
<NihabaAshi> | I don't like how the volatility was contracting | 09:47 |
<ItalianSharp> | trying to build some support although i consider it a weak area | 09:48 |
<NihabaAshi> | agree |
<ItalianSharp> | guess they are just building some stops to make a bigger pop :) | 09:49 |
<NihabaAshi> | Shorts ER2 @ 688.70 -> small size | 09:50 |
<talickca> | Long ES @ 1335.25 | 09:51 |
<Spartan> | Exited all ES Long @ 1334.50 --> - 1.75 «« paper »» |
<NihabaAshi> | I see the downside pressure but ER2 not willing to test that 688.00 price area | 09:52 |
| WRB spike and I couldn't exit :( | 09:53 |
| Too fast for me. | 09:54 |
| May get a second chance at my own pace. |
<PapaJon> | it should test the 686.5 area eventually | 09:56 |
| hard to be patient tho |
| is a creeper |
<NihabaAshi> | Covered 2/3 ER2 Short @ 688.00 --> + 0.7 | 09:57 |
<KN-ES> | Covered 1/4 ES Short @ 1334.25 --> + 3 |
| Covered 1/4 ES Short @ 1335.25 --> + 2 |
<NihabaAshi> | Covered Remainder ER2 Short @ 688.60 --> + 0.1 | 09:58 |
<ItalianSharp> | we are getting the same tough price action from yesterday...wehre all WRBs are quickly retraced | 10:01 |
<pat255> | drip drip... |
<KN-ES> | Covered ES Short @ 1334.75 --> + 2.5 | 10:06 |
| Reverse and Enter Long ES @ 1334.75 |
<talickca> | get up there ES. |
<KN-ES> | Exited ES Long @ 1334 --> - 0.75 | 10:07 |
| Reverse and Enter Short ES @ 1334 |
<talickca> | Exited all ES Long @ 1333.25 --> - 2 |
<KN-ES> | Covered 1/2 ES Short @ 1333 --> + 1 | 10:08 |
| Covered 1/4 ES Short @ 1333 --> + 1 |
<NihabaAshi> | Shorts ER2 @ 687.40 -> small size | 10:14 |
<KN-ES> | Covered 2C ES Short @ 1332 --> + 2 | 10:15 |
<startrader> | Long ES @ 1332 |
<KN-ES> | s.l 1 | 10:16 |
<NihabaAshi> | trade error that's so far has become a lucky trade :) |
| I see Dark Hammer Lines in key markets now | 10:17 |
<pdays> | Long ES @ 1332.25 |
<NihabaAshi> | Covered ER2 Short @ 687.00 --> + 0.4 | 10:18 |
| ER2 making a move on its own |
<KN-ES> | Covered 2C ES Short @ 1331 --> + 3 |
<szubaark> | ok, gap closed on ES | 10:19 |
<NihabaAshi> | Oil rising and Gold declining now...mixed signals | 10:20 |
<startrader> | Exited all ES Long @ 1332.50 --> + 0.5 | 10:21 |
<pdays> | Exited all ES Long @ 1332.5 --> + 0.25 | 10:22 |
<NihabaAshi> | Long ER2 @ 687.40 -> small size |
| 1 only |
<talickca> | Long ES @ 1331.25 | 10:24 |
| Exited all ES Long @ 1331.75 --> + 0.5 |
<NihabaAshi> | Long ER2 @ 687.10 -> small size |
| That's an ADD | 10:25 |
<szubaark> | just creeping lower and lower |
<NihabaAshi> | Exited all ER2 Long @ 686.40 --> - 0.7 | 10:26 |
| -1 point on the other contract |
<startrader> | Long ES @ 1330.25 |
<talickca> | Long ES @ 1330.75 | 10:27 |
<KN-ES> | Covered 2C ES Short @ 1330 --> + 4 |
<NihabaAshi> | weak support |
<KN-ES> | should have a turning point here, or looking at 22.50 | 10:29 |
<NihabaAshi> | Shorts ER2 @ 685.80 -> small size | 10:30 |
| 3 only |
<startrader> | Exited 1/2 ES Long @ 1330.75 --> + 0.5 | 10:31 |
<Brutus> | http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={e1e2b 0d5-0f55-4baf-a77b-8491019a7c18} |
<X> | #FuturesTrades Info -> No gurus, no head traders. Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended without their permission. More info at www.thestrategylab.com/FuturesTradesChat Room.htm | 10:32 |
<startrader> | Exited Remainder ES Long @ 1331 --> + 0.75 | 10:33 |
<lumenPharmer> | options exp on friday, so big boys & girls do there work on tues - wed, so maybe we get a trend day here soon |
<KN-ES> | Covered ES Short @ 1331 --> + 3 |
| Reverse and Enter Long ES @ 1331 |
<talickca> | Exited all ES Long @ 1331.25 --> + 0.5 | 10:34 |
<NihabaAshi> | oh oh...volatility contracting now |
<KN-ES> | s.l 2 | 10:35 |
<NihabaAshi> | Covered ER2 Short @ 686.40 --> - 0.6 | 10:36 |
| Long ER2 @ 686.60 -> large size |
<lumenPharmer> | nice page for the statistics and pivots people | 10:37 |
| http://www.mypivots.com/dn/ |
<NihabaAshi> | volatility spike so far | 10:38 |
| It's got a little support from other key markets | 10:39 |
| Exited ER2 Long @ 686.80 --> + 0.2 | 10:40 |
<talickca> | Shorts ES @ 1331.25 | 10:46 |
<NihabaAshi> | Long ER2 @ 687.90 -> medium size |
<szubaark> | showing some support here | 10:47 |
<pdays> | Long ES @ 1330.25 |
<NihabaAshi> | I'm getting a ton of mixed signals that shows up and disappears than shows up...back -n- forth |
| :( |
| My market experience is kicking in and its saying its time for an early lunch to regain my perspective | 10:49 |
<KN-ES> | Exited 1/4 ES Long @ 1332 --> + 1 |
<talickca> | Covered all ES Short @ 1330.75 --> + 0.5 | 10:52 |
<NihabaAshi> | Exited ER2 Long @ 687.90 --> 0 | 10:53 |
| Exited ER2 Long @ 686.90 --> - 1 |
| ER2 dropped a full point while support was still intact :( | 10:54 |
<szubaark> | annoying price action |
<talickca> | taking a break, brb | 10:56 |
<jperl> | time to stop this morning.....lost a bunch |
| trades here.... |
| http://charts.dacharts.com/2008-04-15/JP ERL4.png | 10:57 |
<NihabaAshi> | Long ER2 @ 686.60 -> medium size | 10:58 |
| pin ball machine price action that showed up about 1min before my entry |
| Same support area... | 10:59 |
| Can't figure out if it has a good chance to hold |
| A prior similar trade retraced 9 ticks and took me out for only a +0.2 | 11:00 |
| WRB pt1 right now | 11:01 |
| Once again...I have a little support but Gold is giving mixed signals against every body else |
<KN-ES> | - defended from the breakdown but struggling to go further - | 11:05 |
<rickf> | gm |
<KN-ES> | anad finally | 11:06 |
<NihabaAshi> | :( |
<KN-ES> | dax is leading i guess |
<NihabaAshi> | Exited ER2 Long @ 687.10 --> + 0.5 |
<KN-ES> | Exited ES Long @ 1330.50 --> - 0.5 | 11:07 |
| Reverse and Enter Short ES @ 1330.50 |
| Covered ES Short @ 1329.50 --> + 1 |
| Reverse and Enter Long ES @ 1329.50 |
<startrader> | Long ES @ 1329.75 |
<szubaark> | back to back WRB's |
<NihabaAshi> | Shorts ER2 @ 686.60 -> medium size |
<KN-ES> | s.l 2 | 11:08 |
| Exited ES Long @ 1329.75 --> + 0.25 |
| Reverse and Enter Short ES @ 1329.75 |
<NihabaAshi> | I'm not in touch with this price action...too easily shaken out of positions for tiny profits | 11:09 |
<KN-ES> | Covered ES Short @ 1328.75 --> + 1 | 11:10 |
| Reverse and Enter Long ES @ 1328.75 |
<NihabaAshi> | Also, my biggest moving trade is a loser. |
<KN-ES> | s.l 2 |
<NihabaAshi> | Whenever I can have my biggest winner > biggest loser... |
<KN-ES> | Exited ES Long @ 1329.25 --> + 0.5 |
| Reverse and Enter Short ES @ 1329.25 |
<NihabaAshi> | It's a high probability my trading day will result as a profit | 11:11 |
<startrader> | Exited all ES Long @ 1328.75 --> - 1 |
<NihabaAshi> | The biggest moving position for me today is -1 point |
<talickca> | Long ES @ 1328.25 |
<KN-ES> | Covered ES Short @ 1327.75 --> + 1.5 | 11:12 |
| Reverse and Enter Long ES @ 1327.75 |
<NihabaAshi> | weak support here |
<KN-ES> | s.l 2 |
<talickca> | So close. |
<NihabaAshi> | Hopefully it doesn't gain any strength |
<KN-ES> | Exited ES Long @ 1328 --> + 0.25 | 11:13 |
| Reverse and Enter Short ES @ 1328 |
| s.l 2 |
<NihabaAshi> | Covered 3/4 ER2 Short @ 685.20 --> + 1.4 | 11:14 |
<talickca> | Exited all ES Long @ 1326.25 --> - 2 | 11:15 |
<NihabaAshi> | That's my biggest moving trading of the day and its a positive one :) |
| Odds now in my favor I'll finish the day at a profit. |
<KN-ES> | Covered 1/2 ES Short @ 1326 --> + 2 | 11:16 |
| Covered ES Short @ 1326 --> + 2 |
| Reverse and Enter Long ES @ 1326 |
| s.l 2 |
<startrader> | Long ES @ 1326 |
<rickf> | KN's at it again, I see. VN, sir! | 11:17 |
<KN-ES> | Covered ES Short @ 1326.25 --> - 0.25 | 11:20 |
| Reverse and Enter Long ES @ 1326.25 |
<rickf> | short es 1325.75 |
<startrader> | Long ES @ 1325.50 -> Add | 11:21 |
<talickca> | Long ES @ 1325.5 |
<KN-ES> | Covered ES Short @ 1325.50 --> + 0.75 |
| Reverse and Enter Long ES @ 1325.50 |
| s.l 2 |
<talickca> | Exited all ES Long @ 1326.0 --> + 0.5 |
<KN-ES> | Exited ES Long @ 1326.25 --> + 0.75 | 11:22 |
| Reverse and Enter Short ES @ 1326.25 |
| s.l 1 |
| Covered ES Short @ 1326.75 --> - 0.5 | 11:24 |
| Reverse and Enter Long ES @ 1326.75 |
| s.l 1 |
| 2 |
<rickf> | reverse to long es 1327 -1.25 | 11:25 |
<talickca> | Shorts ES @ 1327.00 |
<KN-ES> | Exited ES Long @ 1327.25 --> + 0.5 | 11:26 |
| Reverse and Enter Short ES @ 1327.25 |
| s.l 1 |
<NihabaAshi> | Covered ER2 Short @ 685.50 --> + 1.1 |
| Reverse and Enter Long ER2 @ 685.50 |
<rickf> | exit es 1327 +0 | 11:27 |
| short es 1327 |
<talickca> | Covered all ES Short @ 1326.50 --> + 0.5 | 11:28 |
<KN-ES> | Covered 1/2 ES Short @ 1325.25 --> + 2 | 11:29 |
<rickf> | exit 1/2 es 1325 +2 |
<NihabaAshi> | pin ball machine price action |
<KN-ES> | Covered 1/4 ES Short @ 1225.75 --> + 101.5 |
<NihabaAshi> | It's probing a support area |
<KN-ES> | nop |
| Covered 1/4 ES Short @ 1325.75 --> + 1.5 | 11:30 |
<NihabaAshi> | Exited ER2 Long @ 685.10 --> - 0.4 |
| Reverse and Enter Short ER2 @ 685.10 |
<KN-ES> | Covered ES Short @ 1325.75 --> + 1.5 | 11:31 |
| Reverse and Enter Long ES @ 1325.75 |
| s.l 2 |
<rickf> | exit remainder es 1326.50 + .50 |
| |
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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 1/2 ES Long @ 1326.75 --> + 1 | 11:32 |
| Exited ES Long @ 1326.50 --> + 0.75 |
| Reverse and Enter Short ES @ 1326.50 |
| s.l 1 |
<rickf> | short es 1326 | 11:33 |
| hard to get my 'game' on this week :( |
<KN-ES> | Covered ES Short @ 1326 --> + 0.5 |
| Reverse and Enter Long ES @ 1326 |
| s.l 1 |
<talickca> | I feel the same rickf. |
<NihabaAshi> | Covered ER2 Short @ 684.90 --> + 0.2 | 11:36 |
<KN-ES> | Exited 1/2 ES Long @ 1327 --> + 1 | 11:37 |
| Exited ES Long @ 1326.50 --> + 0.5 |
| Reverse and Enter Short ES @ 1326.50 |
| s.l 1 |
<talickca> | forgot to enter this | 11:38 |
| Long ES @ 1327.0 |
| Exited all ES Long @ 1326.50 --> - 0.5 |
| nop reverse that should +0.5 | 11:39 |
<rickf> | exit es 1325.75 +.25 | 11:41 |
| going back to paper for today |
<NihabaAshi> | Shorts ER2 @ 684.30 -> small size |
<rickf> | 2 weeks no trades = borked mindset :( |
<KN-ES> | Covered 1/2 ES Short @ 1325.50 --> + 1 |
<rickf> | short es 1326.75 paper | 11:42 |
<NihabaAshi> | sneaky | 11:43 |
<KN-ES> | s.l...1327.75 tp +-23 | 11:44 |
| brb |
| need a break |
<NihabaAshi> | Covered ER2 Short @ 685.30 --> - 1 |
| Long ER2 @ 685.40 -> medium size | 11:45 |
<KN-ES> | Shorts ES @ 1327.50 | 11:47 |
| s.l 28.50 |
<NihabaAshi> | geeesh... | 11:48 |
| Gotta fight for every little tick today :( |
<KN-ES> | :) |
<rickf> | :( weird week |
<talickca> | Agreed, its been a battle all day | 11:49 |
<NihabaAshi> | I think its gonna get more weird for the remainder of the week |
<talickca> | I'll be happy with break even for today. |
<NihabaAshi> | I've lowered my profit targets from $1,500 to $500 per day for the week... |
<talickca> | Shorts ES @ 1328.0 | 11:50 |
<NihabaAshi> | I obvious don't have a lot of faith in this price action |
<ItalianSharp> | yeah, that's smart niha | 11:51 |
| i am wondering how long it'll keep being this bad | 11:52 |
| this price action is good to strenghten discipline and patience |
<rickf> | short es 1328 add |
<szubaark> | yeah, look like they flipped the script again.. few weeks before we had creeper trends, which are tough also |
<rickf> | av price 1326 (paper) | 11:53 |
<NihabaAshi> | So far...that Friday price action has set the tone for this week's trading. |
| Contracting Volatility |
<talickca> | Covered all ES Short @ 1327.5 --> + 0.5 | 11:54 |
<NihabaAshi> | That's the usual after a WRB trading day like what we saw on Friday |
| DAX spiked down or I got some weird data issues with the DAX |
<rickf> | no dax spike that i saw recently | 11:55 |
<szubaark> | Overnight spiked up hard, was looking for followthru :( |
<ItalianSharp> | yeah, no spike in dax | 11:56 |
<talickca> | Mr. Toads wild ride. | 11:57 |
<rickf> | but not as fun |
<talickca> | Yeah this one actually hurts. |
<rickf> | maybe i should go back on vacation this week |
<NihabaAshi> | volatility is dead :( | 11:58 |
<lumenPharmer> | i'm out of here, the little one is off to art class then scoccer, tuesday going to hard for me, oh well what can u do ;) | 12:00 |
<talickca> | have a good day |
<lumenPharmer> | good luck people,take care |
| c ya talickca :) | 12:01 |
<rickf> | cya |
<NihabaAshi> | I gave this trade a lot more breathing room than I normally do... | 12:03 |
| Hasn't paid off so far :( |
| volatility is too low |
<talickca> | flatline over here with occasional crazy bumps | 12:04 |
<NihabaAshi> | Exited ER2 Long @ 685.50 --> + 0.1 |
<rickf> | exit 1/2 es 26.50 +,25 | 12:05 |
| paper |
| exit remainder es 1326.50 +.0 (paper) | 12:06 |
| phew, tough recovery |
<talickca> | =) | 12:07 |
<rickf> | hey, stuck to my plan -- tis best thing |
| :) |
<KN-ES> | Shorts ES @ 1326.75 |
<talickca> | Long ES @ 1326.25 |
| Exited all ES Long @ 1326.75 --> + 0.5 | 12:08 |
<rickf> | short es 1326,75 paper | 12:14 |
<KN-ES> | s.l 2 | 12:17 |
* codehead_afk | is now known as codehead | 12:20 |
<rickf> | short es 1329 (add)(paper) | 12:30 |
<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 | 12:35 |
<PeterPanBoy> | test | 13:25 |
<szubaark> | hello peterpanboy |
<PeterPanBoy> | hello to everyone |
| my first time in this chat |
<rickf> | welcome | 13:26 |
<talickca> | glad to have ya |
<PeterPanBoy> | thank you to everyone for warm welcome | 13:27 |
<talickca> | Its very quiet right now given the time. |
<PeterPanBoy> | be patient with me I no use chat too much | 13:28 |
<Andy> | Shorts ER2 @ 689.6 «« paper »» |
<PeterPanBoy> | is it possible get the older message? |
<talickca> | I think the log is posted on website. | 13:31 |
<PeterPanBoy> | Ok so is it not possible get by this chat all msg from start? | 13:33 |
<Andy> | Covered 1/2 ER2 Short @ 698.4 --> - 8.8 «« paper »» | 13:36 |
| oops | 13:37 |
<talickca> | Not really sure. Someone else who's more familiar with this might be able to answer that |
<Andy> | Covered 1/2 ER2 Short @ 689.4 --> + 0.2 «« paper »» |
<talickca> | I'm out early today, have a good day everyone |
<rickf> | later |
<talickca> | later rickf |
<Andy> | Covered 1/4 ER2 Short @ 689 --> + 0.6 «« paper »» | 13:39 |
<PeterPanBoy> | Thank you talikkca for help anyway | 13:40 |
<Andy> | Covered Remainder ER2 Short @ 689.4 --> + 0.2 «« paper »» | 13:43 |
| Shorts ER2 @ 689.7 «« paper »» | 13:45 |
<startrader> | Exited all ES Long @ 1331 --> + 10.5 |
<Andy> | Covered 1/2 ER2 Short @ 698.8 --> - 9.1 «« paper »» | 13:46 |
| oops |
<rickf> | nice star | 13:47 |
| :( andy --- been there myself today |
<Andy> | Covered all ER2 Short @ 690.1 --> - 0.4 «« paper »» |
<rickf> | oh |
<Andy> | you know you're not on when you screw up the trade AND the log entry :) |
<rickf> | lol | 13:48 |
<Andy> | Shorts ER2 @ 690.9 «« paper »» | 13:51 |
| glutton for ze punishment |
| Covered all ER2 Short @ 691.3 --> - 0.4 «« paper »» | 13:54 |
<KiwiRoo> | Shorts ES @ 34.25 |
<startrader> | Shorts ES @ 1334.50 | 13:55 |
<KiwiRoo> | might be too early for me :( |
| still lots of buyers. |
| maybe not :P | 13:56 |
<eminitrader> | looks like some kind of pullback in this area...safe area to sell |
<Andy> | Shorts ER2 @ 691.6 «« paper »» | 13:57 |
<KiwiRoo> | hope so.. |
<eminitrader> | keep the change in trend ...in mind though |
<Andy> | Covered 1/3 ER2 Short @ 691.1 --> + 0.5 «« paper »» | 13:58 |
<KiwiRoo> | +1tick.. | 14:00 |
| getting out for now. |
| unsure of tape. | 14:01 |
<Andy> | Covered Remainder ER2 Short @ 691.6 --> 0 «« paper »» |
<eminitrader> | pa says high prpbability pullback here ...34-36 |
<KiwiRoo> | or it could just go sideway and setup for higher price. | 14:02 |
| I thought I could get a point of out it just then... |
<eminitrader> | or cld go straught up :)) |
<KiwiRoo> | oh well..there it is.. :( |
<eminitrader> | expect pullback 29-31 area | 14:03 |
<KiwiRoo> | but its ok.. I wasn't sure so better get out :P |
| yes looking for L around 31. |
| 31.50 :) | 14:04 |
| baaah... | 14:06 |
<eminitrader> | patience my friend.. |
<NihabaAshi> | Long ER2 @ 691.70 -> small size |
<KiwiRoo> | lol yep...! |
<eminitrader> | noew see this low taken out | 14:08 |
<KiwiRoo> | I guess if price is still below 34.50.then pretty safe to say.. it won't go up.. oherwise L above it.. | 14:11 |
<eminitrader> | taking a bit too long for my liking |
| price shld have tested 32.50 by now | 14:12 |
<rickf> | the pa today has been pretty sluggish, yes? |
<eminitrader> | yep.... |
<rickf> | then it's not just me thinking that. good |
<eminitrader> | but the overall pa is clear...its just the ability to hld a position during the noise | 14:13 |
<rickf> | yup |
<KiwiRoo> | true.. |
<eminitrader> | got stopped out all my trades today...cld not hld any runners :(( | 14:15 |
| tired of scalping |
<rickf> | there weren't any decent runners that i saw... |
| but i've missed so much today anyway |
<eminitrader> | open shorts were good | 14:16 |
<KiwiRoo> | I'm still looking for S below 34.50 but...... |
<Andy> | Shorts ER2 @ 692.2 | 14:17 |
<eminitrader> | but thwen againg by the time pa confirmed the trend...cld not milk much out of it |
<KiwiRoo> | but trend is still UP :( |
<eminitrader> | yes as of now.. |
<KiwiRoo> | but look at the failure to take price higher above 34.50.. pretty tiring. | 14:18 |
| only take one big kick and price will shoot though. |
<eminitrader> | nothing key abt 34.50 |
<KiwiRoo> | depending on what you're looking at :) | 14:19 |
<NihabaAshi> | Exited ER2 Long @ 691.20 --> - 0.5 |
<eminitrader> | now comes the move |
<Andy> | Covered 1/2 ER2 Short @ 691.1 --> + 1.1 |
<KiwiRoo> | nice andy |
<NihabaAshi> | Shorts ER2 @ 691.10 -> medium size |
<Andy> | thanks Kiwi :) |
<rickf> | vn |
<KiwiRoo> | this was the move I was looking for ealier... :( | 14:20 |
<Andy> | thanks rickf |
<startrader> | Covered 1/2 ES Short @ 1332.50 --> + 2 |
<KiwiRoo> | nice star | 14:21 |
<startrader> | ty |
<eminitrader> | excellent hold ..good patience :)) |
<rickf> | hehehe was waiting for that drop for a while mysef :) | 14:22 |
<eminitrader> | hehehehe |
<startrader> | It helps when you put your stops in and leave the house, nice outside. |
<rickf> | star - where are ya? here in dc it's gorgeous :) | 14:23 |
<eminitrader> | true... |
| it did ttake more time than i expected.. |
<Nesi> | hello all |
<rickf> | hi nsei |
<KiwiRoo> | Hi nesi | 14:24 |
<startrader> | ohio, are the cherry blossoms out yet? |
<rickf> | short es 1332 paper |
<PeterPanBoy> | hi nesi | 14:25 |
<rickf> | yep - had the parade last weekend, fireworks and all |
| and the pope tomorrow :( |
| traffic = horrible |
<startrader> | lol |
<KiwiRoo> | Looking for buy entry now. |
<NihabaAshi> | Covered ER2 Short @ 690.90 --> + 0.2 | 14:26 |
<Andy> | Covered Remainder ER2 Short @ 690.9 --> + 1.3 |
<KiwiRoo> | missed my entry by one tick 31.50 :( | 14:27 |
<eminitrader> | shld get there | 14:29 |
| shld = high probability |
| long from 32 ...my self...will add on @ 31 and 30 if it gets there | 14:30 |
<NihabaAshi> | Long ER2 @ 621.20 -> large size |
<startrader> | Covered Remainder ES Short @ 1333 --> + 1.5 |
<rickf> | exit es short 1332 +0 | 14:31 |
| reverse long es 1333 paper |
<Andy> | Niha...621.20... |
<eminitrader> | if it breks 36...hig probability of testing 45-50 area | 14:32 |
<KiwiRoo> | 34.50 :) |
<eminitrader> | uptrend now confirmed :)) | 14:33 |
| buyers will start coming in now | 14:34 |
<KiwiRoo> | yep. on the break of 34.50 |
| goldman selling light.. | 14:35 |
<eminitrader> | 32.50-33.50 is the new buying area |
<Andy> | Shorts ER2 @ 691.9 «« paper »» |
<NihabaAshi> | Exited all ER2 Long @ 691.60 -> + 0.4 |
<rickf> | exit es long 34 +1 paper |
<eminitrader> | a test of that high was all that was needed as per the pa ...K |
| now for this trend to continue ...look for 1) 1331 to hold | 14:37 |
| if it breks 1328 ...it means a trend reversal |
<Andy> | Covered all ER2 Short @ 691.8 --> + 0.1 «« paper »» |
<NihabaAshi> | Long ER2 @ 691.70 -> small size | 14:38 |
<eminitrader> | looks like its going to be a creeper move |
<rickf> | my instinct thnks downward | 14:39 |
| (fwiw saying, of course) | 14:40 |
<KiwiRoo> | 34.50 holds |
<eminitrader> | cld be right ... |
| but since pa is clear to me i will stick on to the trend unless it showa a change | 14:41 |
<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> | Exited ER2 Long @ 691.00 --> - 0.7 | 14:42 |
<eminitrader> | yep this is the buy area... | 14:43 |
| but dont see any yet :(( |
<KiwiRoo> | going back down at 29.50 i guess | 14:44 |
<NihabaAshi> | Shorts ER2 @ 690.70 -> medium size |
<KiwiRoo> | below that then its a sell off.. imo. |
<eminitrader> | looks like floor is set 31-33 area... | 14:45 |
| up move maybe in the making | 14:46 |
<startrader> | Shorts ES @ 1333 | 14:47 |
<KiwiRoo> | trend line here. | 14:48 |
<NihabaAshi> | Covered 3/4 ER2 Short @ 689.60 --> + 1.1 | 14:49 |
<KiwiRoo> | rejection of 34.50 was pretty strong trendline is breaking. | 14:50 |
<eminitrader> | 28-31 key area |
<KiwiRoo> | 29.50 |
<eminitrader> | :) |
<startrader> | Covered 1/2 ES Short @ 1331 --> + 2 | 14:51 |
| Covered Remainder ES Short @ 1330.50 --> + 2.5 | 14:52 |
<PeterPanBoy> | Trend looking for downside | 14:55 |
<eminitrader> | not yet | 14:57 |
| res now @ 32-33 area...if rejected there then a high probability of change in trend | 14:58 |
| 0r if it breks 28 |
| before that |
<Andy> | Long ER2 @ 688.4 «« paper »» | 14:59 |
<PeterPanBoy> | thanks for comment eminitrader | 15:00 |
<eminitrader> | just my read ..p |
<rickf> | he's really quite good, that eminitrader :) |
<KiwiRoo> | 29.5 bounces just like clock work. | 15:01 |
<eminitrader> | eminitarder blushes :)) |
<rickf> | heh |
<Andy> | Exited 1/2 ER2 Long @ 688.7 --> + 0.3 «« paper »» | 15:02 |
<NihabaAshi> | Covered Remainder ER2 Short @ 689.00 --> + 1.7 | 15:03 |
<rickf> | nice niha |
| on a day like today |
<Andy> | Exited 1/4 ER2 Long @ 689. --> + 0.6 «« paper »» |
<NihabaAshi> | Long ER2 @ 689.20 -> small size | 15:05 |
<pdays> | Exited all ES Long @ 1330.25 --> 0 |
<Andy> | Exited Remainder ER2 Long @ 689.2 --> + 0.8 «« paper »» |
<Nesi> | Shorts ER2 @ 688.80 | 15:07 |
<ItalianSharp> | very choppy right now | 15:08 |
| trying hard to rebound from earlier support...however, weak bounce... |
| need it to creep higher to short it | 15:09 |
<eminitrader> | choppy = brek to the downside |
<NihabaAshi> | Exited ER2 Long @ 688.70 --> - 0.5 |
| Long ER2 @ 689.10 -> small size | 15:10 |
| 3 contracts | 15:11 |
<Nesi> | Shorts ER2 @ 689.50 -> Add | 15:14 |
<eminitrader> | 32 ...was rejected fast the first time |
<KiwiRoo> | I think they 'll take out 29.50 this time.. | 15:15 |
<eminitrader> | then trend is down.. |
<KiwiRoo> | watch for speed under that price.. | 15:16 |
<eminitrader> | i mean current trends changes to a downtrend |
<KiwiRoo> | number one pushing lower * | 15:17 |
<eminitrader> | looks like res now @ 31-32 |
<KiwiRoo> | same guy as yesterday that pushed market down. |
<eminitrader> | looks like it wants to test 33 real bad :) | 15:19 |
<Nesi> | Covered all ER2 Short @ 690.30 --> - 2.3 | 15:20 |
<NihabaAshi> | Exited 2/3 ER2 Long @ 690.60 --> + 1.5 | 15:21 |
| |
WRB Analysis
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|
| |
<eminitrader> | looks like tis up is now done |
| good trading all...see u tomorow | 15:22 |
<Andy> | Shorts ER2 @ 690.7 «« paper »» |
| Covered all ER2 Short @ 690.6 --> + 0.1 «« paper »» | 15:27 |
<NihabaAshi> | Exited ER2 Long @ 691.40 --> + 2.3 | 15:29 |
| Long ER2 @ 692.10 -> small size | 15:31 |
| 1 only |
<Andy> | Shorts ER2 @ 692.1 «« paper »» | 15:33 |
<NihabaAshi> | Exited ER2 Long @ 691.50 --> - 0.6 |
| Reverse and Enter Short ER2 @ 691.50 |
| 2 only |
<Andy> | Covered 3/4 ER2 Short @ 691.5 --> + 0.6 «« paper »» | 15:34 |
<NihabaAshi> | Short doesn't look so hot for me right now...key markets still providing some support | 15:35 |
| weak support area now | 15:38 |
<Andy> | Covered Remainder ER2 Short @ 690.7 --> + 1.4 «« paper »» |
<NihabaAshi> | Hammer Lines trying to provide some support | 15:39 |
| WRB pt1 | 15:40 |
| Covered ER2 Short @ 680.20 --> + 11.3 | 15:41 |
| Covered ER2 Short @ 690.20 --> + 1.3 |
| correction | 15:42 |
<PeterPanBoy> | Ok but nice anyway |
<startrader> | Long ES @ 1332.25 |
<Andy> | Long ER2 @ 690 «« paper »» | 15:43 |
<silo> | hey guys |
| anyone use tradelog for taxes by any chance? | 15:44 |
<Andy> | Exited all ER2 Long @ 690.4 --> + 0.4 «« paper »» |
| only got 1 on |
<startrader> | Exited all ES Long @ 1334 --> + 1.75 | 15:45 |
<silo> | hey andy |
<Andy> | yes silo | 15:46 |
| hello | 15:47 |
<silo> | :P |
| trying to do taxes on my trades right now |
| i need to do the taxes from jan.1 2007 to dec 31 2007 right? |
| or do i need jan of 2008 as well |
| :P |
| first t ime doing taxes for trading |
<Andy> | no, only through December 31 | 15:48 |
<rickf> | 12/31 |
<silo> | k |
<Andy> | but silo, you need to be very careful about taxes on trading |
<silo> | dont know why the trade records my broker sent me is up to feburary |
<Andy> | PLEASE do not do them without tax advice |
<silo> | i am trying to use tradelog |
| to calculate the stuff for me | 15:49 |
<Andy> | silo, listen to this carefully: |
| there is a feature about trading and taxes |
| that will forever define you as a trader once you declare it |
<silo> | ? | 15:50 |
<Andy> | in the eyes of the IRS...and please anyone correct me if I am wrong |
| it has to do with how you handle your trading losses and deductibility of trading losses against gains | 15:51 |
<rickf> | mark to market i think you mean |
<Andy> | exactly |
<silo> | this tradelog software has 2 packages |
| the regular |
| and one with mark to market |
| i dont know what that is exactly |
<Andy> | but, if you "mark to market" and define yourself as a trader you will not be able to |
<silo> | so i picked the regular one | 15:52 |
<Andy> | enjoy the tax benefits of the futures |
<sb> | if doing m2m as a sole-proprietor, simply form an entity if you want it to change |
<Andy> | the income from the futures is taxed at a lower rate than trader who "marks to market" |
<silo> | ah ok | 15:53 |
| so essentially i shouldn't pick markes to market when i try to do my taxes |
<Andy> | silo...I know next to nothing about taxes...please get some advice before you commit...and, btw, you might need an extension :) | 15:54 |
<silo> | nah |
| i just need to get this software working |
| once this is done i'm pretty much set |
| :) | 15:55 |
| i still got till 12am :P |
<rickf> | early this year |
| lol |
<Andy> | silo, you have the invincible confidence of the young :) |
<silo> | lol | 15:56 |
| true |
<startrader> | Write a check and file an extension. And it's easier to ask the IRS for forgiveness than permission. |
<Brutus> | 04/15/2008 15:18 DJ OIL FUTURES: Nymex Crude Settles At Record $113.79/Bbl |
<rickf> | k guys i'm done. tty tomorrow | 15:58 |
| good lukc on taxes :) |
<silo> | :P | 16:00 |
<Brutus> | http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={4dd52 e5a-ec41-4cd8-8b4d-5d4685a259a9} | 16:02 |
<startrader> | I could get a lot more excited about this market if the upmove volume over 4 hours could at least eclipse the downmove of the first 2 hours. | 16:05 |
<PeterPanBoy> | Ok thank to everyone see ya tomorrow | 16:06 |
| see you tomorrow | 16:10 |
| bye | 16:11 |
<werner> | gn all |
<Brutus> | 04/15/2008 16:15 *DJ Intel 1Q Net $1.44B Vs Net $1.64B, -12% >INTC | 16:15 |
| 04/15/2008 16:15 *DJ Intel 1Q Rev $9.67B Vs $8.85B, +9.3% >INTC | 16:16 |
| 04/15/2008 16:15 DJ Intel Sees 2Q Rev $9B-$9.6B >INTC | 16:17 |
<startrader> | Someone knew that this afternoon ya think? | 16:18 |
<NihabaAshi> | Take care all and see all tomorrow. | 16:22 |
* DisconnectedSession | Close: Tue Apr 15 16:22:36 2008 |
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