#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 23rd Tuesday 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: Tue May 23 08:55:25 2006Session Ident: #futurestrades

* Now talking in #futurestrades 08:55

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

* NihabaAshi is now known as NihabaAshi_away 08:57

<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, GLD, IWM, OIH, QQQQ, SPY) 08:58

<szubaark> gm 09:01

<eminitrader> morn szu 09:06

<szubaark> gm emini.. nice comeback yersturday 09:07

<eminitrader> actually a very nice day szu ..had a 10 pionter in the am 09:08

<pat255> gm all.. 09:22

<eminitrader> morn pat255 09:32

<pat255> morn emini 09:39

<les> Long ER2 @ 727.6 09:41

<szubaark> Shorts YM @ 11206

<eminitrader> Shorts ES @ 1274 09:43

<les> Exited all ER2 Long @ 727.8 --> + 0.2 09:44

Long ER2 @ 728.4 09:45

<szubaark> Covered 1/2 YM Short @ 11195 --> + 11 09:46

exit stop moved to breakeven YM @ 11206 09:47

<les> Exited all ER2 Long @ 727.2 --> - 1.2 09:48

<eminitrader> Covered 1/2 ES Short @ 1272 --> + 2 09:50

<pdays> Shorts ER2 @ 726.2 «« paper »» 09:53

<szubaark> code possible zlr setting up 10:00

<pdays> Covered all ER2 Short @ 725.6 --> + 0.6 «« paper »» 10:03

<szubaark> Covered all YM Short @ 11206 --> 0 10:06

<eminitrader> Covered Remainder ES Short @ 1274 --> 0

<aym> Short es @ 1274.25 risk 2 10:09

<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, GLD, IWM, OIH, QQQQ, SPY) 10:10

<szubaark> Long YM @ 11220 10:14

should have waited for a little retrace 10:17

Sponsor:
Slysoft

<pat255> later guys @ofice ty all 10:20

<eminitrader> Shorts ES @ 1275 10:30

* NihabaAshi_away is now known as NihabaAshi 10:33

<szubaark> Niha just came in? 10:34

<aym> short er2 729.6 risk 2 10:39

<szubaark> exit stop set YM @ 11206 10:40

<aym> cover er2 728.2 10:41

<codehead> yeah that was a good zlr--saw it but was busy with stocks 10:47

<szubaark> Exited all YM Long @ 11206 --> - 14 10:48

<eminitrader> Covered 1/3 ES Short @ 1274 --> + 1 10:49

<les> Shorts ER2 @ 726.3 11:08

Covered all ER2 Short @ 725.8 --> + 0.5

<eminitrader> Covered 1/3 ES Short @ 1272 --> + 3 11:09

<NihabaAshi> Long ER2 @ 725.80 -> small size 11:19

Exited ER2 Long @ 725.10 --> - 0.7 11:22

Reverse and Enter Short ER2 @ 725.10

<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, GLD, IWM, OIH, QQQQ, SPY)

<NihabaAshi> Covered ER2 Short @ 725.00 --> + 0.1 11:28

<szubaark> Long YM @ 11195 11:29

<NihabaAshi> Shorts ER2 @ 725.20 -> small size

2 contracts only.

Volatility has just dried up. 11:34

Expecting a quick movement here soon...up or down. 11:35

Covered ER2 Short @ 726.10 --> - 0.9 11:36

Reverse and Enter Long ER2 @ 726.10

<szubaark> exit stop set YM @ 11195 11:38

moving Stop to btreakeven... not going anywhere 11:39

<NihabaAshi> Exited ER2 Long @ 725.70 --> - 0.4

Reverse and Enter Short ER2 @ 725.70

Increased to 3 contracts.

<les> Shorts ER2 @ 725.7 11:40

<szubaark> looks like the upmove was done when we were sleeping 11:41

<NihabaAshi> Nothing occurring today via key economic reports nor regular schedule market events to create any good volatility. 11:45

Keeping the contract size < 3

<szubaark> Niha were u not trading this morning? 11:52

<NihabaAshi> No...had too many distractions :( 11:53

<les> Covered all ER2 Short @ 725.2 --> + 0.5

<szubaark> Exited all YM Long @ 11195 --> 0

:((

<NihabaAshi> I'm a little tired right now because of the activities at home this morning...

Will call it a day after I exit this trade. 11:54

Tired as in mentally...not physically.

<szubaark> Shorts YM @ 11200 11:55

<NihabaAshi> Covered 2/3 ER2 Short @ 723.90 --> + 1.8 12:00

Now that I'm profitable for the day when I shouldn't be trading anyway... 12:01

Will leave the remaining contract out there will a tick trailer and take a long nap.

exit stop lowered ER2 @ 725.60 12:02

Will only exit that contract via either the trailer being hit or its a few minutes before 4:15pm est. 12:03

I'll post my late trade info if stop is hit while I'm away.

Sponsor:
Think Geek

* NihabaAshi is now known as NihabaAshi_away

<szubaark> exit stop set YM @ 11210 12:12

moving Trailing Stop 12:13

exit stop moved to breakeven YM @ 11200 12:33

It goes or im OUT

<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, GLD, IWM, OIH, QQQQ, SPY) 12:34

<szubaark> Covered 1/2 YM Short @ 11184 --> + 16 12:35

exit stop moved to breakeven YM @ 11200 12:36

Covered all YM Short @ 11200 --> 0 12:44

Long YM @ 11201 13:22

<eminitrader> Covered Remainder ES Short @ 1273.50 --> + 1.5 13:31

<szubaark> Exited 1/2 YM Long @ 11211 --> + 10 13:32

exit stop moved to breakeven YM @ 11201 13:33

<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, GLD, IWM, OIH, QQQQ, SPY) 13:46

<szubaark> Exited all YM Long @ 11201 --> 0 13:57

<pat255> hi back...for a little bit...@office ...:9 14:09

<eminitrader> Shorts ES @ 1271.50

<szubaark> Shorts YM @ 11193 14:41

<eminitrader> Covered 1/3 ES Short @ 1270 --> + 1.5

Covered Remainder ES Short @ 1271.50 --> 0 14:44

<szubaark> Covered 1/2 YM Short @ 11179 --> + 14 14:55

exit stop moved to breakeven YM @ 11193

<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, GLD, IWM, OIH, QQQQ, SPY) 14:58

<codehead> potential inverted ghost on ER 3 min, see if it can bounce 15:04

long ER 719.00 paper 15:06

been busy with stocks today, so don't want to start this late

stop under 718 15:07

the signal triggered, but rolled over 15:11

needs to "famir" to pull it out

<szubaark> Covered all YM Short @ 11193 --> 0

<codehead> trying to famir 15:12

exit ER 719.80 15:13

paper, +.80

was "really" going for +1 on half, move stop up, but hey it's paper

<eminitrader> Shorts ES @ 1270.25 15:18

Covered 1/2 ES Short @ 1267.75 --> + 2.5 15:27

* NihabaAshi_away is now known as NihabaAshi 15:35

<NihabaAshi> Wow...looks like I missed some good trading.

Late post...

Trailing Stop Hit ER2 @ 725.60 --> + 0.1 15:36

<eminitrader> Covered 1/3 ES Short @ 1265.25 --> + 5 15:41

holding 1 15:42

Covered Remainder ES Short @ 1262.25 --> + 8 15:49

<szubaark> Nice emini! 15:53

<eminitrader> thx szu 15:54

<codehead> sheesh, szu--i saw that zlr after the ghost paper trade, just didn't think it would go for 9 points on ER 16:01

wow

<NihabaAshi> I love it when I see those +8 point ES trades... 16:03

Nice one eminitrader.

<codehead> wow, ER still dumping 16:05

<szubaark> i didnt think they would dump it end of day

<substanz> Long YM @ 11100 «« paper »»

<codehead> that was nuts

i did go long 11102 and another 11092, sold for a few ticks profit but wow,

hit 11086 16:06

<NihabaAshi> It's one of those parabolic drops you take a lot of trading notes for studying later if not trading...

It's what I've been doing since 1:42pm est when a Short signal appeared. 16:07

<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, GLD, IWM, OIH, QQQQ, SPY) 16:08

<substanz> Exited all YM Long @ 11100 --> 0 «« paper »» 16:09

<NihabaAshi> Meant...I turned my Camtasia recorder on at 1:42pm est took a few notes and went back to sleep :) 16:10

Speaking of which (Camtasia)...

Anyone in here that documents their trading day via a screen recorder... 16:11

They work best if you have a hard-drive that's at the minimum a 5,400 rpm hard drive.

Anything less will slow down your computer. 16:12

<eminitrader> thx niha 16:17

<NihabaAshi> eminitrader...I found out something sneaky the company that build my desktops had put in a 5400 rpm drive instead of the 10k rpm drive I paid for. 16:26

<WannaBeBOS> woops 16:27

<NihabaAshi> Took me two months to figure that out after my Camtasia was slowing down my system dramatically.

I thought it was because of some software upgrades :(

They apologize and said it was a mistake. 16:28

<WannaBeBOS> thats a lawsuit waiting to happen

<szubaark> can u fit whole's day session on a DVD? 16:29

<NihabaAshi> Yes...4-5 days worth.

Depending upon how many monitors I'm recording.

Also depending upon if I decide to do audio with the monitor recording. 16:30

Some days I use audio but most of the time I don't.

<WannaBeBOS> it would be neat if you posted some videos sometime

<NihabaAshi> Would be tough...each day is about 400 megabyts :) 16:31

<WannaBeBOS> yeah

<NihabaAshi> Don't think I know any website hosts that would allow that type of upload.

<WannaBeBOS> there are some websites that publish camtasia videos 16:32

hang on

http://www.trading-naked.com/WhatsNew.ht m 16:33

that guy posts camtasia videos

<NihabaAshi> Yes..but those are "edited".

<WannaBeBOS> yes

very much so

not trying to prove you wrong, lol

<NihabaAshi> I tried doing some editing... 16:34

<WannaBeBOS> time consuming!

<NihabaAshi> A lot of work because there's a lot of personal stuff on those videos.

<WannaBeBOS> ah

<NihabaAshi> For example...other day I was doing a quick review of a trading day last week and I had recorded a conversation with my bank. 16:35

A few days before that I'm goofing around with the spouse during one of my "rest" periods from the markets :) 16:36

<szubaark> :))

<NihabaAshi> All audio can be heard in the background :)

<WannaBeBOS> uh oh!

haha 16:37

oh man

<szubaark> hehe

<WannaBeBOS> haha

<NihabaAshi> Then there's the countless times of the toddler coming into the office and asking me to play while not understanding I have to work :) 16:38

The best audio recording is the one where you can hear in the background of me falling down the stairs with the vacuum cleaner :( 16:39

<WannaBeBOS> lol 16:40

<NihabaAshi> Recording from a trading day last year.

<WannaBeBOS> oh man

<szubaark> Niha u actually go back and watch those videos? 16:43

<NihabaAshi> Yes...mainly the problematic trading days. 16:44

Also, when I'm looking for a new edge (new strategy) to add to my current list of strategies. 16:45

It's too hard for me to find such via typical hindsight charts because I actually need to see the "live" action of each interval forming... 16:46

Helps with the "feel" of the trade.

With Bloomberg or CNBC in the background... 16:47

Its a perfect duplicate of the trading day with all the hype :)

<codehead> ER 704.10--nasty

YM 11030 16:53

wow

<NihabaAshi> Take care all and hope everybody made some good coin today. 16:55

See all tomorrow.

* NihabaAshi is now known as NihabaAshi_away

* DisconnectedSession Close: Tue May 23 16:59:19 2006 16:59

Sponsor:
Traders Accounting

Trading Edge:
Strategies
#FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Index Futures (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) and Exchange Traded Funds (DIA, GLD, OIH, 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.

Trader's

Books

Videos

DVD

VHS

PAL

Audio

Click Here

ER2 EuroFX EC

+0.50 +0.0000

$50.0 $0.00

Who to Blame (longs) or Who to Thank (shorts)

It's funny to see the number (increasing) of traders that need to put the blame on someone whenever the market is declining with strong intraday parabolic drops.

Yet, when the markets are trending upwards...we traders pat ourselves on the back and say its the technical analysis and the market reacting (rearview mirror) to the technical analysis.

By the way, I had a long night last night that resulted in very little sleep (2 hrs) along with some morning distractions that prevented me from trading in the a.m. until the toughest part of the trading day.

However, although it was a struggle...I manage to close the day profitable and decided to call it quits for the day long before the after parabolic sell-off that occur in my opinion as a continuation reaction to Fed Chairman Bernanke comments back on May 1st.

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 interconnecting key price action of different markets and you can view the charts associated with the key price action 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, GLD, 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

"The point of this whole exercise is to make money. Everything else is just conversation." --Jonathan Hoenig

Home · · About Us · · Accolades · · Trade History

Trading Strategies · · Manual · · Trader Consultation

Discussion Forums · · Japanese Candlesticks · · Traders Library

Live Chat Rooms · · Seminars · · Computer System Setup

Refund Policy · · Cash Rebate Program · · Referral Program

Contact · · Feedback · · Privacy · · Disclaimer

Copyright © 2002-2006. The Strategy Lab. All rights reserved.