 |
 |
 |
 |
 |
| April Trade Log | Trade Strategies | WRB Analysis Tutorials | Music While Trading | Testimonials | Disclaimer |
#FuturesTrades
April 17th Thursday 2008 Trade Log
|
No Trades Today |
No Trades Today |
|
|
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.
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: Thu Apr 17 09:39:33 2008Session Ident: #futurestrades * Now talking in #futurestrades 09:39 <X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm <NihabaAshi> Good morning all <Spartan> gm 09:40 <Bambam-77> gm <T-stop> gm <NihabaAshi> I'm not trading today due to too much personal stuff. <Bambam-77> trend is down for now * NihabaAshi is now known as NihabaAshi_away <Spartan> Long ER2 @ 708.9 -> small size «« paper »» 09:42 Exited all ER2 Long @ 709.4 --> + 0.5 «« paper »» 09:43 <KN-ES> Long ER2 @ 1363 «« paper »» s.l 1 09:44 <szubaark> Shorts ES @ 1362 «« paper »» 09:45 Shorts ES @ 1363 «« paper »» <Spartan> Shorts ER2 @ 709.2 -> small size «« paper »» 09:47 <KN-ES> Exited 1/4 ER2 Long @ 1364 --> + 8.5 «« paper »» +1 <talickca> gm all 09:50 <KN-ES> Exited ER2 Long @ 1362.50 --> - 0.5 «« paper »» Reverse and Enter Short ER2 @ 1362.50 «« paper »» nop <rickf> hi tal <KN-ES> Shorts ER2 @ 1363.50 «« paper »» s.l 1 09:51 <talickca> Hopefully not another creeping trend day. <Bambam-77> wow er trading at 1363.50 lol 09:52 <KN-ES> yes its 2020 june contract :) <Bambam-77> yes <talickca> lol <Spartan> exit stop set ER2 @ 708.2 «« paper »» <KN-ES> Shorts ES @ 1363.50 «« paper »» 09:53 humm Covered 1/2 ES Short @ 1362.50 --> + 1 «« paper »» Covered ES Short @ 1362.75 --> + 0.75 «« paper »» 09:54 Reverse and Enter Long ES @ 1362.75 «« paper »» sz s.l 1 <Spartan> Covered all ER2 Short @ 707.6 --> + 1.6 «« paper »» <KN-ES> Exited ES Long @ 1362.5 --> - 0.25 «« paper »» 09:56 Reverse and Enter Short ES @ 1362.5 «« paper »» <Spartan> Shorts ER2 @ 707.5 -> small size «« paper »» Covered all ER2 Short @ 707 --> + 0.5 «« paper »» 09:57 <KN-ES> Covered 1/2 ES Short @ 1361.50 --> + 1 «« paper »» Shorts ES @ 1363.00 «« paper »» 10:00 <Spartan> wow <rickf> exit 1/2 es 1361 +2 paper <Spartan> must have been bad news <rickf> wtf <szubaark> lol <KN-ES> Covered ES Short @ 1360.00 --> + 3 «« paper »» 10:01 Reverse and Enter Long ES @ 1360.00 «« paper »» s.l 1 <talickca> Long ES @ 1360.25 Exited all ES Long @ 1360.75 --> + 0.5 <Spartan> Shorts ER2 @ 706.5 -> small size «« paper »» <szubaark> Covered all Short ES at 1360.25 --> + 2.75 «« paper »» <KN-ES> Exited ES Long @ 1360.25 --> + 0.25 «« paper »» Reverse and Enter Short ES @ 1360.25 «« paper »» Covered ES Short @ 1360 --> + 0.25 «« paper »» 10:02 Reverse and Enter Long ES @ 1360 «« paper »» s.l 1 <rickf> exit remainder es 1360.50 +2.5 paper <KN-ES> Exited ES Long @ 1360 --> 0 «« paper »» Reverse and Enter Short ES @ 1360 «« paper »» <Spartan> Covered all ER2 Short @ 705.7 --> + 0.8 «« paper »» <KN-ES> s.l 1 10:03 brb <rickf> short es 1360 paper <KN-ES> Covered ES Short @ 1360.50 --> - 0.5 «« paper »» Reverse and Enter Long ES @ 1360.50 «« paper »» s.l 1 Exited ES Long @ 1360.50 --> 0 «« paper »» 10:04 Reverse and Enter Short ES @ 1360.50 «« paper »» s.l 1 <anglo> aybabtu 10:05 <Spartan> Shorts ER2 @ 705.5 -> small size «« paper »» 10:06 Covered all ER2 Short @ 706.3 --> - 0.8 «« paper »» <startrader> Shorts ES @ 1361.50 10:07 <Spartan> Shorts ER2 @ 705.4 -> small size «« paper »» <startrader> Covered 1/2 ES Short @ 1360.25 --> + 1.25 10:08 <Spartan> Covered all ER2 Short @ 706 --> - 0.6 «« paper »» <startrader> Covered Remainder ES Short @ 1361 --> + 0.5 10:09 <Spartan> Long ER2 @ 706.4 -> small size «« paper »» 10:10 Long ER2 @ 706.4 -> small size «« paper »» Exited all ER2 Long @ 706.9 --> + 0.5 «« paper »» <szubaark> Buys ES @ 1363 «« paper »» 10:11 <Spartan> Long ER2 @ 707.5 -> small size «« paper »» exit stop set ER2 @ 707.5 «« paper »» 10:14 looking for 709.5 10:15 exit stop raised ER2 @ 708 «« paper »» <rickf> short es 1365.50 paper 10:17 intuition <Spartan> Exited all ER2 Long @ 708 --> + 0.5 «« paper »» 10:18 Long ER2 @ 708.6 -> small size «« paper »» 10:19 <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 10:20 <Spartan> Exited all ER2 Long @ 707.8 --> - 0.8 «« paper »» oops I meant 708.8 Long ER2 @ 708.9 -> small size «« paper »» 10:21 Exited all ER2 Long @ 709.4 --> + 0.5 «« paper »» 10:22 Trading Edge: 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) <talickca> Shorts ES @ 1367.50 10:23 Covered all ES Short @ 1367.00 --> + 0.5 10:24 <Spartan> Long ER2 @ 708.2 -> small size «« paper »» 10:28 Exited all ER2 Long @ 707.9 --> - 0.3 «« paper »» 10:30 Long ER2 @ 708.2 -> small size «« paper »» 10:31 Exited all ER2 Long @ 707.6 --> - 0.6 «« paper »» 10:32 <rickf> shorted es 1366.50 paper (late) <Spartan> Long ER2 @ 707.4 -> small size «« paper »» 10:36 Exited all ER2 Long @ 707.8 --> + 0.4 «« paper »» ym seems to be leading 10:38 <rickf> reverse enter long es 1367.50 paper 10:39 <Spartan> Long ER2 @ 709.6 -> small size «« paper »» 10:41 <rickf> reverse enter short es 1367.50 paper <talickca> Long ES @ 1367.00 10:43 <rickf> exit 1/2 es 65.75 +2 paper 10:44 exit remainder es 66.50 +1 paper 10:46 back in a bit <Spartan> Exited all ER2 Long @ 709 --> - 0.6 «« paper »» 10:48 <talickca> Exited all ES Long @ 1365.50 --> - 1.5 10:49 <jperl> done for this morning....trades here... <talickca> Long ES @ 1365.50 <jperl> http://charts.dacharts.com/2008-04-17/JP ERL5.png <Spartan> Long ER2 @ 709.2 -> small size «« paper »» <talickca> Exited all ES Long @ 1366.0 --> + 0.5 <Spartan> Exited all ER2 Long @ 708.7 --> - 0.5 «« paper »» 10:52 Shorts ER2 @ 707.5 -> small size «« paper »» 10:54 <szubaark> exit stop moved to breakeven ES @ 1363 «« paper »» 10:56 <Spartan> Covered all ER2 Short @ 708.1 --> - 0.6 «« paper »» 10:58 <talickca> Shorts ES @ 1365.25 Covered all ES Short @ 1364.75 --> + 0.5 10:59 late <Spartan> Shorts ER2 @ 707.7 -> small size «« paper »» 11:00 Covered all ER2 Short @ 707.2 --> + 0.5 «« paper »» 11:01 Shorts ER2 @ 706.8 -> small size «« paper »» 11:02 Covered all ER2 Short @ 706.3 --> + 0.5 «« paper »» <szubaark> Exited all Long ES at 1363 --> 0 «« paper »» <Spartan> Shorts ER2 @ 706.3 -> small size «« paper »» 11:03 <szubaark> Buys ES @ 1363.75 «« paper »» 11:04 <Spartan> Covered all ER2 Short @ 705.8 --> + 0.5 «« paper »» 11:05 Shorts ER2 @ 706 -> small size «« paper »» 11:07 <Pat255> creepy action 11:08 <szubaark> Opening looked encouraging, until this crap <startrader> Long ES @ 1362.25 11:09 Exited 1/2 ES Long @ 1363.25 --> + 1 11:11 <Spartan> Covered all ER2 Short @ 706.6 --> - 0.6 «« paper »» <startrader> Exited Remainder ES Long @ 1363 --> + 0.75 11:12 <szubaark> Exited all Long ES at 1362 --> - 1.75 «« paper »» 11:13 <startrader> Long ES @ 1362.25 <szubaark> Shorts ES @ 1362 «« paper »» <startrader> Exited all ES Long @ 1363.25 --> + 1 11:14 <Spartan> Shorts ER2 @ 706.7 -> small size «« paper »» 11:16 Covered all ER2 Short @ 707.3 --> - 0.6 «« paper »» Long ER2 @ 707.5 -> small size «« paper »» 11:17 <startrader> Shorts ES @ 1363.50 -> small size <Spartan> Exited all ER2 Long @ 706.9 --> - 0.6 «« paper »» 11:20 Shorts ER2 @ 706.8 -> small size «« paper »» <startrader> Covered all ES Short @ 1362.50 --> + 1 11:21 <pdays> Long ER2 @ 706.5 11:22 Exited all ER2 Long @ 707.1 --> + 0.6 11:23 <Spartan> Covered all ER2 Short @ 706.1 --> + 0.7 «« paper »» 11:25 Shorts ER2 @ 706.2 -> small size «« paper »» 11:26 Covered all ER2 Short @ 705.7 --> + 0.5 «« paper »» <szubaark> tickling lower and lower 11:27 <Spartan> Shorts ER2 @ 705 -> small size «« paper »» yeah. I think we will see new lows soon 11:28 Covered all ER2 Short @ 704.6 --> + 0.4 «« paper »» 11:29 Shorts ER2 @ 704.9 «« paper »» 11:30 Covered all ER2 Short @ 705.5 --> - 0.6 «« paper »» 11:33 <talickca> Shorts ES @ 1361.25 <startrader> Shorts ES @ 1361 <talickca> Covered all ES Short @ 1360.75 --> + 0.5 11:34 <Spartan> Shorts ER2 @ 705.1 -> small size «« paper »» <startrader> wow, a .25 fill, slippage in my favor, 1 in 1000. Covered all ES Short @ 1360.25 --> + 0.75 11:37 Shorts ES @ 1361.50 11:38 Covered 1/2 ES Short @ 1361 --> + 0.5 11:39 <Spartan> Covered all ER2 Short @ 704.1 --> + 1 «« paper »» 11:40 Shorts ER2 @ 703.9 «« paper »» 11:41 <szubaark> Covered all Short ES at 1360 --> + 2 «« paper »» 11:44 <Spartan> Covered all ER2 Short @ 704.3 --> - 0.4 «« paper »» Shorts ER2 @ 704.5 -> small size «« paper »» 11:45 <szubaark> Buys ES @ 1360 «« paper »» <Spartan> Covered all ER2 Short @ 704.5 --> 0 «« paper »» 11:46 Shorts ER2 @ 704.4 -> small size «« paper »» 11:47 <szubaark> Exited all Long ES at 1360 --> 0 «« paper »» * szubaark is now known as szubaark_away <Spartan> Covered all ER2 Short @ 705 --> - 0.6 «« paper »» 11:51 Long ER2 @ 705.3 -> small size «« paper »» 11:52 <rickf> geesh, should have left that short on and kept a tight stop. :( 11:55 <Spartan> Exited all ER2 Long @ 704.9 --> - 0.4 «« paper »» <szubaark_away> its hard staying Short after such big up moves, messes with your head LOL <rickf> short es 1359.50 paper 11:56 <talickca> true <Spartan> yep Shorts ER2 @ 704.3 -> small size «« paper »» Covered all ER2 Short @ 703.8 --> + 0.5 «« paper »» Shorts ER2 @ 703.9 -> small size «« paper »» 11:57 Covered all ER2 Short @ 704.5 --> - 0.6 «« paper »» 11:58 Shorts ER2 @ 704.1 -> small size «« paper »» 11:59 Covered all ER2 Short @ 704.7 --> - 0.6 «« paper »» geez Long ER2 @ 704.9 -> small size «« paper »» 12:01 Exited all ER2 Long @ 705.4 --> + 0.5 «« paper »» 12:02 <talickca> Shorts ES @ 1360.25 <rickf> reverse es long 1360 -,5o paper <Spartan> Long ER2 @ 705.5 -> small size «« paper »» 12:03 Exited all ER2 Long @ 706 --> + 0.5 «« paper »» 12:04 <KN-ES> Long ES @ 1360.25 «« paper »» 12:06 <Spartan> Long ER2 @ 706 -> small size «« paper »» <KN-ES> s.l 58.75 12:07 * codehead_afk is now known as codehead <talickca> Covered all ES Short @ 1361.25 --> - 1 12:08 <Spartan> Exited all ER2 Long @ 706.5 --> + 0.5 «« paper »» <KN-ES> Exited 1/2 ES Long @ 1361.25 --> + 1 «« paper »» 12:09 <Spartan> Long ER2 @ 706.4 -> small size «« paper »» <startrader> Shorts ES @ 1361.75 12:11 <KN-ES> Exited 1/4 ES Long @ 1361.75 --> + 1.5 «« paper »» s.l 60.25 0.00 12:13 <Spartan> Exited all ER2 Long @ 707.2 --> + 0.8 «
