#FuturesTrades realtime trade posting journal on IRC Othernet server for full-time and part-time traders

May 2006 Trade Log Archived Trade Logs Trading Strategies

May 12th Friday 2006 Trade Log

#FuturesTrades is a private and free realtime trading posting chat room on the IRC Othernet server that allows traders from all over the world to communicate.

Click here for the instructions on gaining access to #FuturesTrades.

In addition, NihabaAshi is the only trader in #FuturesTrades that represents TheStrategyLab.com strategies.

Further, you'll find below the chat room text log of realtime trades (real money and simulator) that were posted by full-time, part-time traders from around the world and the timestamp is eastern standard time (est).

Also, you should read NihabaAshi's trading blog like comments (posted below after the trade posts) because sometimes the commentary will contain trading tips that are more useful than what you will see at any other futures blog.

Session Start: Fri May 12 09:30:45 2006Session Ident: #futurestrades

* Now talking in #futurestrades 09:30

<X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTra desChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrad es.htm

<les> Shorts ER2 @ 753.7 09:32

<pat255> gm all

<les> Covered all ER2 Short @ 753.2 --> + 0.5 09:33

<eminitrader> morn pat 09:34

<NihabaAshi> Long ER2 @ 752.50 -> large size 09:35

High risk trade. 09:36

<les> Shorts ER2 @ 752.1 09:38

<NihabaAshi> Covered ER2 Short @ 752.10 --> - 0.4

Reverse and enter Short ER2 @ 752.10

<les> Covered all ER2 Short @ 751.4 --> + 0.7 09:39

<PapaJon> sheesh... kinda feels like deep sea diving.

<aym> Long er2 @ 750.8 risk 2

<PapaJon> starting to feel the effects of nitrogen narcosis 09:41

<NihabaAshi> Covered 1/2 ER2 Short @ 749.90 --> + 2.2 09:44

Shorts ER2 @ 751.10 -> Add 09:49

Sponsor:
Slysoft

:( 09:50

Too slow or the failed counter-thrust. 09:51

Covered all ER2 Short @ 750.80 --> + 1.6 09:52

Shorts EuroFX @ 1.29380 -> large size 09:56

Covered all EuroFX Short @ 1.29240 --> + 0.0014 09:59

<pdays> Long ER2 @ 753.2 «« paper »» 10:01

Exited all ER2 Long @ 753.6 --> + 0.4 «« paper »»

<les> Shorts ER2 @ 753 «« paper »» 10:04

Covered 1/3 ER2 Short @ 752.5 --> + 0.5 «« paper »» 10:05

<NihabaAshi> Shorts ER2 @ 751.70 -> small size «« simulator »» 10:07

Testing (simulator) a new strategy with a different trade management that caused me major headache last week. 10:08

<les> Covered 1/3 ER2 Short @ 752 --> + 1 «« paper »» 10:11

<NihabaAshi> Covered ER2 Short @ 752.20 --> - 0.5 «« simulator »»

Reverse and Enter Long ER2 @ 752.20 «« simulator »»

<les> Covered Remainder ER2 Short @ 752.9 --> + 0.1 «« paper »» 10:12

<NihabaAshi> Exited all ER2 Long @ 754.10 --> + 1.9 «« simulator »» 10:13

#FuturesTrades Purpose -> No gurus here, no signal calling by a head trader and no intentions to educate. This room is being used as a realtime trade journal of trades (real money or simulator) and discussions. Do not mimic (shadow) the trades by others without their consent nor without private realtime consultation during such trades as stated at http://www.thestrategylab.com/FuturesTradesChatRoom.htm 10:15

Sponsor:
Think Geek

Be right back...need to run some tests that involved that simulator trade. 10:16

Will go back to normal trading when I return.

* NihabaAshi is now known as NihabaAshi_away

<pat255> back to work...conection dial up...:( 10:24

ty all

* NihabaAshi_away is now known as NihabaAshi 10:25

<NihabaAshi> Long ER2 @ 749.60 -> small size 10:27

:(

I don't like what Oil is doing right now.

Exited ER2 Long @ 749.30 --> - 0.3 10:28

Reverse and Enter Short ER2 @ 749.30

<eminitrader> Long ES @ 1303.50 10:29

<NihabaAshi> Covered all ER2 Short @ 749.20 --> + 0.1 10:31

Shorts ER2 @ 748.30 -> large size 10:32

<les> Shorts ER2 @ 748.4

<eminitrader> Exited all ES Long @ 1302 --> - 1.5 10:33

<les> Covered all ER2 Short @ 747.9 --> + 0.5 10:34

Shorts ER2 @ 747.1 10:35

<X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, IWM, QQQQ, SPY) 10:36

<NihabaAshi> Covered all ER2 Short @ 747.00 --> + 1.3 10:37

I thought for sure I would get another WRB around 746.60 but when it reached that price...no WRB :(

Meant 746.70 10:38

746.60 would have been the confirmation to dump the position.

<les> Covered all ER2 Short @ 746.8 --> + 0.3 10:41

<NihabaAshi> The remaining trading days of the week that had a FOMC Announcment is usually some of the best trading of the week...its a "market seasonal tendency" stat. 10:42

Good time for me to bump up the position size.

Will go back to normal size next week. 10:43

<BOS-retired> x 11:06

<substanz> Long YM @ 11489 «« paper »» 11:16

<les> Shorts ER2 @ 748 11:26

Covered 1/2 ER2 Short @ 747.5 --> + 0.5

exit stop moved to breakeven ER2 @ 748 11:27

Covered Remainder ER2 Short @ 747.4 --> + 0.6 11:29

Shorts ER2 @ 747.1 11:30

Covered all ER2 Short @ 746.9 --> + 0.2 11:33

trade mistake - entry was much too soon for my signal

Shorts ER2 @ 746.6 11:34

Covered all ER2 Short @ 745.3 --> + 1.3 11:35

<substanz> Exited all YM Long @ 11468 --> - 21 «« paper »» 11:42

<X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, IWM, QQQQ, SPY) 11:48

#FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, IWM, QQQQ, SPY) 13:00

<pat255> gl what happened... 13:09

still stuck @ office..

Sponsor:
Traders Accounting

<codehead> YM bottom retest 13:56

cash 11400

<NihabaAshi> Long ER2 @ 745.50 -> small size 14:06

Missed my pattern signal @ 745.00 due to some ISP data problems. 14:07

related to ISP.

Already at at WRB profit level :( 14:08

Thus, a loss of 5 tick wiggle room looks costly so far.

Eminis want to move higher but there's some pressure on them from the commodities market. 14:10

Exited all ER2 Long @ 746.70 --> + 1.2 14:11

Nevermind...commondities are moving higher again :)

<substanz> good timing niha !

<X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, IWM, QQQQ, SPY) 14:12

<NihabaAshi> In reference to Gold and Oil Index price action for the last 10 mins.

Thanks substanz... 14:13

I'm now done for the day...chasing that trade by 5 ticks kepted me from staying with it when it reached +1.2 in my favor.

* NihabaAshi is now known as NihabaAshi_away 14:15

<X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, IWM, QQQQ, SPY) 15:24

<NihabaAshi_away> Take care all and hope all had a good trading week. 16:16

Expect this to continue next week also...regardless if it continues downward or rebounds back upwards...good intraday trends will develop :) 16:17

* DisconnectedSession Close: Fri May 12 16:26:23 2006 16:26

Sponsors: QCharts #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, IWM, QQQQ, SPY)

Trading Blog Below is not your traditional trader's blog in the usual blog format. However, you will find informative commentary that on a few occasions will contain trading tips that should help your trading as I attempt to sum up my thoughts as I traversed from the first trade to the last trade that was posted above in #FuturesTrades realtime trade posting chat room.

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Trading Perspective

Today's results (real money and simulator trading) shown above are that of NihabaAshi only. To see his total accumulated points for the month of May...click here. To see results for the months of 2006 and prior years...click here.
Commentary by M.A. Perry (a.k.a. NihabaAshi)
intradaystrategies@yahoo.com
Note: Each month there are a few trading days that we consider to involve key price action interconnecting different markets and you can view the charts along with their stories at our key chart story archives.

We are proud to say that our chat room members are from the following geographical areas in the world:

Argentina, Australia, Belgium, Brazil, Canada, Denmark, France, Germany, Greece, Hong Kong (China), Israel, Italy, Japan, Mexico, Portugal, Puerto Rico (U.S.), Saudi Arabia, Singapore, Spain, United States and Venezuela.

In addition, below are the trading instruments our chat room members monitor closely to make trade decisions:

CME Emini Futures ES, NQ and ER2

CBOT mini-sized Dow Futures YM

Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

Eurex Fixed Income Derivatives BUND, BOBL and Schatz

Euronext Futures FTSE-100 and CAC-40

CME Futures EuroFX EC

Treasury Futures T-Notes ZN, ZF and T-Bonds ZB

Exchange Traded Funds DIA, OIH, IWM, QQQQ and SPY

NYMEX Energies Light Crude Oil CL, e-miNY QM and Natural Gas NG

Last of all, if you have any questions about either #EminiFutures general market chat room, #FuturesTrades realtime trade posting room or the two realtime strategy discussion rooms used by traders with access to our fee-based strategies called #TheStrategyLab and #SwingTradingTSL...

Don't hesitate to ask your questions and we'll reply back as soon as possible.

Sincerely,

M.A. Perry and Associates

TheStrategyLab.com

questions@thestrategylab.com

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