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#FuturesTrades May 27th Tuesday 2008 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+20.70	+232.60	+1674.30
$2,070	$23,260	$167,430

Emini NQ

1209pm - 1212pm est

click on image to view actual size

Current Performance Record

Volatility Spike of the Day

Profit/Loss Statement

General Strategy Info: The above profit/loss info represents trades by M.A. Perry (a.k.a. NihabaAshi - martial arts and Japanese Candlestick term) only and all trades were posted in real-time within 5 seconds after entry or exit as shown in the below chat log.

Also, I'm the moderator of #FuturesTrades and I use the below chat log as feedback to critical trading information that's not available when I review my broker statements nor any statistical analysis of my trading.

Further, although I'm not familiar with the trade methods used by most members of #FuturesTrades, I use a rule based methodology (very objective) that involves price action only trading (no indicators).

There is some subjectivity involved with some of my trades when I'm developing a new entry signal or new trade management (hence the name TheStrategyLab.com).

In addition, my intermarket analysis allows me to switch and profitably trade any other trading instrument whenever I want if/when I don't want to trade the Russell 2000 ER2 Emini Futures.

With that said, today's trade posting chat log is below and it contains all my trades that were posted in real-time 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.

WRB Analysis

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Session Start: Tue May 27 09:28:04 2008Session Ident: #FuturesTrades

* Now talking in #FuturesTrades 09:28

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

<Flex> gm

<futurible> gm all

* syrianrue is now known as silo

<anglo> gm

<rickf> gm

<PapaJon> gm all 09:29

<@NihabaAshi> Good morning all

<T-stop> gm

<startrader> Covered all NQ Short @ 1966.50 --> - 10.25 09:31

<+rickf> exit es 1375.75 +1 paper (late)

:(

<tzar> gm NihabaAshi 09:32

<+rickf> short es 1376 paper 09:34

<+tzar> rickf you trade paper only? 09:35

<+rickf> for the moment yes

<KN-ES> Shorts ES @ 1376.25

<+tzar> gm KN-ES

<+KN-ES> s.l 77.75

gm

<+rickf> new platform, new techniques, not going to use real $$ yet

exit es 1377 -.75 oaoer 09:36

<@NihabaAshi> Long ER2 @ 726.20 -> small size 09:37

<jsbach> Short ER2 @ 726.5

<+startrader> c if nq can run stops over overnight highs.

* sep34_away is now known as sep34 09:38

<+startrader> Shorts NQ @ 1973.25

<@NihabaAshi> volatility now rising 09:39

<szubaark> Buys ES @ 1378.50 «« paper »»

<@NihabaAshi> Exited all ER2 Long @ 728.40 --> + 2.2 09:41

<+jsbach> nice one

<Splurge> u caught that nicely Niha

<Spartan> Shorts ER2 @ 728 -> small size «« paper »» 09:44

<+jsbach> short ES @ 1379.00 09:45

<+szubaark> Exited all Long ES at 1379.75 --> + 1.25 «« paper »» 09:46

<+jsbach> exit ER2 short ---> -4.0 paper 09:48

<+Spartan> data down, go figure

730.1 09:49

Covered Remainder ER2 Short @ 730.1 --> - 2.1 «« paper »»

* subq -=market profile charts, updated daily=- http://www.charthub.com/chart/search/mpc hart

<+rickf> short es 1380.25 paper 09:50

<Widgetman> I hid my short btn

<+Widgetman> hehe

<nqcruiser> how do i remove the 25$ premier service on esignal

<+nqcruiser> i am bogged down with this thing that I didnt select 09:51

* Splurge is now known as Splurge-Butlins

* Splurge-Butlins is now known as Splurge 09:52

<@NihabaAshi> Any eSignal users that can help nqcruiser because I know he's located on the other side of the world which makes it very difficult for him to call esignal

<+Splurge> hmm I use esignal but I just get them on the phone. Where are you nqcruiser 09:53

<+startrader> Covered all NQ Short @ 1978 --> - 4.75

<ItalianSharp> nqcruiser: why don't you chat with one of the esignal reps? I know they have a pretty efficient live chat service

<+startrader> lost connection when moving my stop, dang.

<+nqcruiser> they dont even have live support 09:54

whats the url for live chat

<Brutus> its on the esig home page 09:55

<+PapaJon> nqcruiser, you might be able to remove it by accessing your account online and deselecting the type of service you do not want 09:56

<+ItalianSharp> http://www.esignalcentral.com/support/co ntact/default.asp 09:57

check this out

<+rickf> exit 1/2 es 1378 +2.25 paper

h5

<+PapaJon> https://secure.esignal.com/Maintenance.a spx

<+ItalianSharp> there is a session named LiveRep Support

<+PapaJon> u can access your account from that link 09:58

u have to input your username and password

<werner> gm all

<+szubaark> hi werner

<+rickf> gm werner

<@NihabaAshi> weak support area ER2

<+rickf> news @ 10AM - cons confidence and new home sales 09:59

<+werner> hi zsubraak,rickf

<+nqcruiser> its sickening Y damned esignal should tick something i didnt tick

<+rickf> exit 3/5 es 1378.25 +2 paper

h2

<+nqcruiser> i didnt tick premier services for $25

<@NihabaAshi> Long ER2 @ 731.40 -> small size 10:01

intuition only

<+rickf> exit remainder es 1379 +1,25 paper

<+jsbach> exit ES --> -2 paper 10:02

<+rickf> case-shiller -14.4pct from last year, most since 2001

<@NihabaAshi> Exited 2/3 ER2 Long @ 733.80 --> + 2.4 10:03

<+Flex> 1387 next stop ? 10:05

<+jsbach> Short EMD @ 866.0

<@NihabaAshi> volatility dropping fast...I'm expecting a volatility spike here soon. 10:06

Hopefully up again instead of down

<+tzar> prices are same on NQ and ES 10:09

83.50

<+rickf> if the dax joins them beware the rapture is at hand :)

<@NihabaAshi> Exited Remainder ER2 Long @ 734.70 --> + 3.3 10:10

<+tzar> welldone NihabaAshi

<+rickf> short es 1383.50 paper sm sz

<+Spartan> Shorts ER2 @ 734 -> small size «« paper »» 10:15

<+startrader> Long NQ @ 1981.25

<+rickf> exit 1/2 es 1381.50 +2 paper

exit remainder es 1382 +1.5 paper 10:16

oops

<+szubaark> nice rick, good entry

<+rickf> thx szu

still looking for lower 10:17

<+jsbach> exit EMD ---> -.9

<+startrader> Exited 1/2 NQ Long @ 1984.25 --> + 3

<Andy> Shorts NQ @ 1383 «« paper »» 10:18

<+rickf> short es 1382 paper

<+Andy> Covered 1/2 NQ Short @ 1382 --> + 1 «« paper »» 10:19

that's es, of course

Covered 1/4 NQ Short @ 1381.5 --> + 1.5 «« paper »» 10:20

<@NihabaAshi> Shorts ER2 @ 732.90 -> small size 10:22

intution only

2 contracts 10:23

<+tzar> NihabaAshi you getting a lot of intution trades lately, are they successful generally? 10:24

<@NihabaAshi> If they weren't I would ignore my intuition :)

<lumenPharmer> heheee

<+tzar> thats true

<@NihabaAshi> weak support trying to develop 10:26

Didn't think it would try to develop until around 732.30

<+Andy> Covered Remainder NQ Short @ 1381 --> + 2 «« paper »»

<+rickf> exit 1/2 es 1380.25 +2 paper 10:28

h5

<@NihabaAshi> Covered all ER2 Short @ 732.10 --> + 0.8

<+szubaark> Buys ES @ 1380.25 «« paper »» 10:29

<+rickf> exit remainder es 1381 +1 paper 10:31

<@NihabaAshi> Long ER2 @ 733.00 -> small size

1 only

Exited ER2 Long @ 732.20 --> - 0.8 10:34

<+startrader> Long NQ @ 1978.25 10:36

<+Spartan> Covered all ER2 Short @ 731.6 --> + 2.4 «« paper »»

<@NihabaAshi> Shorts ER2 @ 731.60 -> small size

<+Spartan> gotta go, good luck everyone

<+tzar> cya later Spartan

<+rickf> short es 1379.50 paper 10:37

<+Andy> later Spartan

<+tzar> losta sellingn going on 10:38

<+Spartan> bye

* Spartan is now known as Spartan_Away

<+Andy> Long ES @ 1379.5 «« paper »»

<@NihabaAshi> volatiliuty still flatlined since 1020am est

<+tzar> wb KN-ES

<KN-ES> thanks 10:39

<@NihabaAshi> Will keep my size at 1 contract or go to the sidelines until volatility improves again.

<@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

<+tzar> its funny how ES prints almost work for ER

<+Andy> Exited all ES Long @ 1379.5 --> 0 «« paper »» 10:40

<+startrader> Long NQ @ 1977 -> Add

<@NihabaAshi> Tight range the last few intervals, flatlined volatility with a little Pin Ball Machine price action... 10:41

<V_trader> Long YM @ 12507 -> large size

<@NihabaAshi> Not good to trade :(

<+V_trader> Long YM @ 12507 -> large size

<@NihabaAshi> Covered ER2 Short @ 732.30 --> - 0.7 10:42

<+rickf> exit es short 1380 -.50 paper 10:43

<@NihabaAshi> be back in 30mins to see if the price action has improved.

* NihabaAshi is now known as NihabaAshi_away

<+startrader> Exited all NQ Long @ 1980.25 --> + 5.25

<+tzar> oh wow startrader 10:45

<+startrader> Long NQ @ 1980

<+nqcruiser> i am now connected to the world's greatest datafeed - esignal, 1st time since 2004 10:47

<+tzar> congrats nqcruiser

<+V_trader> Exited 2/3 YM Long @ 12517 --> + 10 10:48

exit stop moved to breakeven YM @ 12507

<+tzar> V_trader how many contracts?

<+V_trader> 3 im a small fish :0 10:49

<+rickf> amazing how the fib levels match up with the pauses on the nq today

at least where i plotted 'em 10:50

<+V_trader> Trailing Stop Hit YM @ 12507 --> 0 10:51

<+startrader> shhhh rick! 10:52

<+rickf> lol 10:53

*covers mouth*

<+nqcruiser> its pathetic how esignal provides support

<+startrader> Long NQ @ 1979.25 -> Add

<+tzar> wow i pend at 1978, it came to my level hit a few , and jumped 3 points up 10:55

in matter of seconds

1978.25 10:56

cant belive it 10:57

<+startrader> Exited 1/2 NQ Long @ 1982.75 --> + 3.5 10:58

<+tzar> nice hold startrader

<+nqcruiser> help - whats the symbol for emd on esignal 10:59

<+startrader> ty

<+rickf> long es 1380.25 paper

<+tzar> startrader would you take a long from the 78 level? 11:02

<+rickf> exit es 1382.25 +2 paper 11:03

<+startrader> not again, would wait for 76.50 test.

looking for 86-87 here.

* NihabaAshi_away is now known as NihabaAshi

<@NihabaAshi> Long ER2 @ 731.80 -> small size 11:04

volatility still flatlined but has a chance to start increasing compared to what I was trading in my last few trades

<+rickf> short es 1381.50 paper 1 contract 11:05

<+V_trader> Shorts YM @ 12528 -> small size

<+startrader> Exited Remainder NQ Long @ 1981.25 --> + 1.25 11:06

<+szubaark> Exited all Long ES at 1380.25 --> 0 «« paper »» 11:07

<@NihabaAshi> Exited ER2 Long @ 731.00 --> - 0.8

<+szubaark> Shorts ES @ 1380 «« paper »»

<+rickf> exit es 1379.50 +2 paper

<+V_trader> Covered 1/2 YM Short @ 12508 --> + 20

<+Andy> vn rickf, V_t

<+rickf> thx

<@NihabaAshi> Shorts ER2 @ 730.70 -> medium size

<+rickf> figures when i do small sizes i get quick wins 11:08

<+V_trader> what just happeded?

<+rickf> big sizes have me waiting and....worrying lol

<+V_trader> happened?

<+KN-ES> :)

going down .......

<+tzar> melt down 11:09

time and sales are reeed

<+KN-ES> :)

<+tzar> is this what you were looking for KN-ES?

<+KN-ES> i m fixing my new pc 11:10

<+tzar> the 64gig ram?

<+startrader> Long NQ @ 1977.50

<+KN-ES> i dont have everything in front of me

<+rickf> shorted es 1378.75 paper sm sz

<+KN-ES> but it will go crashing down today, that is my best guess

<@NihabaAshi> Covered all ER2 Short @ 728.90 --> + 1.8

<+V_trader> Covered 1/2 YM Short @ 12485 --> + 43

<+szubaark> Covered all Short ES at 1377.50 --> + 2.5 «« paper »» 11:11

<+KN-ES> i will be in and out all day, not trading much. fixing pc sucks

<+V_trader> was that news anyone?

<+tzar> V_trader i belive KN-ES shorted the market haha 11:14

took a small short position

<+szubaark> Shorts ES @ 1377 «« paper »»

<+V_trader> dj jones wire: bush choked on chicken bone...... 11:15

<+rickf> exit es 76.75 +2 paper

<+V_trader> j/k hope no one took that seriously that was a little tasteless we are firing real bullets here sry 11:16

<+tzar> darn, i already shorted KFC

<+startrader> Long NQ @ 1973.25 -> large size 11:18

<@NihabaAshi> I'm dropping back down to 1 contract only...volatility is declining. 11:19

<+szubaark> Weak support area 11:25

<+Andy> Long ES @ 1376 «« paper »» 11:26

Exited 1/2 ES Long @ 1376.75 --> + 0.75 «« paper »» 11:27

Exited 1/4 ES Long @ 1377 --> + 1 «« paper »» 11:29

<+startrader> Exited all NQ Long @ 1974.25 --> + 1

Long NQ @ 1973.50 11:30

<+Andy> Exited Remainder ES Long @ 1376.25 --> + 0.25 «« paper »» 11:31

no endurance

<+jsbach> long ES @ 1376.25 11:32

(paper) 11:33

<+KN-ES> finally

<+szubaark> waiting for gap close

<+KN-ES> 67.50 should be the next

<+startrader> Long NQ @ 1971 11:34

<+tzar> startrader are you still accumilating contracts? not selling yet? 11:38

<+startrader> 70.50-68 strong support 11:41

<+tzar> yep

<+rickf> long es 1376.75 sm sz paper 11:44

<+startrader> Exited 1/2 NQ Long @ 1974 --> + 3 11:46

<+rickf> exit es 77 + .25 paper 11:48

chart locked :(

taking lunch, bbl

<+startrader> Exited Remainder NQ Long @ 1972.75 --> + 1.75 11:49

<+tzar> startrader how many contracts did you have total 11:50

<+startrader> was scaling in and out up to 6. did little good, costly in commissions. 11:53

Long NQ @ 1971 11:54

<@NihabaAshi> volatility spike 11:59

<+szubaark> Covered all Short ES at 1374 --> + 3 «« paper »» 12:00

<+jsbach> exit ES @ 1374.75 -> -2 paper 12:01

<+startrader> Long NQ @ 1967 -> Add 12:03

<@NihabaAshi> volatility contracting 12:07

Pin Ball Machine price action trying to form 12:09

Because my data provider has not merge the data to remove Monday's no trading info... 12:11

I have to piece together the price action in my head :( 12:12

Long ER2 @ 726.90 -> small size 12:14

<MK> Long ER2 @ 726.7 «« paper »» 12:16

<silo> Long ER2 @ 726.90 «« paper »»

<+silo> nice oil/gold action

<@NihabaAshi> Exited all ER2 Long @ 727.10 --> + 0.2 12:19

shallow WRB pt @ 727.30 :(

Held a little longer in trying to capture a 727.50 12:20

I've reached my profit goal for the day...

I'm now in profit protection mode and reducing my size to 1 contract only for the remainder of the day. 12:21

<+startrader> Exited all NQ Long @ 1971 --> + 4

stuck in the muck here, tuning out for a bit. 12:24

<+silo> Long ER2 @ 727.70 -> Add «« paper »» 12:25

* codehead is now known as codehead_afk 12:26

<+silo> price action not in sync 12:27

with oil/gold

price holding real well though

despite this drop in oil/gold

i'm expecting a big move soon 12:28

:)

<+Andy> Shorts ES @ 1376.75 «« paper »»

<+MK> Exited all ER2 Long @ 727.8 --> + 1.1 «« paper »»

<+silo> Long ER2 @ 727.90 -> Add «« paper »» 12:30

here we go

time to explode

<+szubaark> intuition trade?

<+Andy> Covered all ES Short @ 1376.75 --> 0 «« paper »»

<+startrader> Shorts NQ @ 1972.75 12:31

<@NihabaAshi> Shorts ER2 @ 728.10 -> small size 12:35

1 only, intuition and a tough trade it will be

<+startrader> Covered all NQ Short @ 1972 --> + 0.75 12:37

<@NihabaAshi> weak resistance area developing ER2 12:38

<+silo> here we go 12:40

<+startrader> Shorts NQ @ 1973.50 -> small size 12:42

<@NihabaAshi> Covered ER2 Short @ 728.80 --> - 0.7 12:44

Pin Ball Machine price action developing 12:45

<@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

<BigDawg291> you all trading any forex lately 12:48

<+tzar> no

<+startrader> Covered all NQ Short @ 1972 --> + 1.5 12:50

Shorts NQ @ 1973.75 12:57

Shorts NQ @ 1974.25 12:59

<MK> Exited ER2 Long @ 728.7 --> - 0.5 «« paper »» 13:02

<+MK> Reverse and Enter Short ER2 @ 728.7 «« paper »»

<+silo> Exited all ER2 Long @ 728.50 --> + 2.2 «« paper »» 13:05

<+startrader> Shorts NQ @ 1973.50 -> Add

<+silo> Shorts ER2 @ 728.50 «« paper »» 13:08

<+Andy> Long ES @ 1376.5

<+silo> Shorts ER2 @ 728.50 -> Add «« paper »» 13:09

<+Andy> Exited ES Long @ 1376.5 --> 0

Reverse and Enter Short ES @ 1376.5

<+silo> Covered all ER2 Short @ 728.80 --> - 0.6 «« paper »» 13:10

thought i could be a bit greedy and catch both sides :)

it could kept going up though 13:11

<+Andy> Covered ES Short @ 1376.75 --> - 0.25

Reverse and Enter Long ES @ 1376.75

<+silo> :P

Shorts ER2 @ 728.30 «« paper »» 13:13

<+Andy> Exited all ES Long @ 1375.75 --> - 1

<+rickf> back

<Bambam-77> micro trend scalp is down es stp at 1377.25 below that ss ok below 1374.75 ss confirmed

<+silo> Covered all ER2 Short @ 729 --> - 0.7 «« paper »» 13:14

<+Bambam-77> and above 1374.75 i feel we still in uptrend for what it is worth

<+Andy> Long ES @ 1376.75 -> large size 13:15

<+Bambam-77> murrey math 4/8 is 1376 13:17

<+Andy> Exited all ES Long @ 1376.75 --> 0 13:18

<+Bambam-77> and my new long stp -2 tic's

1379 8/8 13:22

<+silo> haha damn i got out of that long a bit early 13:23

should've took out half

<+rickf> sheesh should have kept napping 13:25

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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)

<+Bambam-77> 1377 must hold if we are going hi 'er

protect positions 13:26

50 % rtrc lvl is 78.5 of the prev down move 13:28

resistance now now

hit it twice lets see if we can break on through the other side 13:29

come on new lets leep over 78.5 13:40

<+rickf> you might get it here

<+startrader> Shorts NQ @ 1978.50 -> Add

<+rickf> long es 1378.50 paper sm sz 13:41

<+Bambam-77> 50% lvl usually tested 3 times like we have now it do or dye 13:42

i quess its do protect longs should rtrc the break

now lets get some legs up or this is a fobo fake out break out 13:45

78.5 still holding protectg risk stp on runner is 76.5 13:50

<+rickf> exit 78.75 +,25 paper 13:51

<+Bambam-77> paint drys faster than this mrkt is moving

<+rickf> yep - wash trade :(

<+Bambam-77> stp or we going back to hod 13:52

<+rickf> i mean - exit at +1 tick = "get out of position for free"

<+Bambam-77> already have 2 lots off runner left 13:53

this feels like wave 3 complex 13:55

looks like we can get above 1380 then retace for wave 4 13:57

<+Andy> Shorts ES @ 1379.5 13:58

<+Bambam-77> protect longs still in tact 14:00

at 68% lvl right here

1380

<+Andy> Shorts ES @ 1379.75 -> Add 14:01

:(

Covered all ES Short @ 1380.5 --> - 1.75 14:02

<+rickf> :(

short es 1379 paper sm sz

<+szubaark> Buys ES @ 1380 «« paper »» 14:05

<+Bambam-77> moving runner stp to 1378 lvl to reduce exposure 14:06

long still in tact

<+rickf> reverse now long es 1379.75 -,75paper

exit es 79.50 -.25 paper 14:08

<+Bambam-77> 78.5 is swing low my stp is -2tic of that swing pivot 14:09

<+rickf> done for a while - back in a bit 14:10

<+Bambam-77> big move coming soon 14:11

we in contraction

<@NihabaAshi> This is just a "creeper price rise" since 1212pm est

<+Bambam-77> yes niha 14:13

if and when we get to 1382.75 i need to lighten position or get stped 14:15

<+szubaark> NQ close to testing its intraday higg

<+Bambam-77> 8/8 1 min chart 14:16

78.25 new swing stp for long 14:17

addg long at 78.75 same stp 14:18

* codehead_afk is now known as codehead 14:19

<@NihabaAshi> Shorts ER2 @ 731.20 -> small size

<+Bambam-77> flat

-.5 add

78.5 prev res now acting as support 14:22

<+szubaark> Pinball type price action 14:23

<@NihabaAshi> Yep :(

<+szubaark> $Vix dropping intraday 14:25

<+Bambam-77> b 80 14:26

<@NihabaAshi> Covered ER2 Short @ 731.90 --> - 0.7

Reverse and Enter Long ER2 @ 731.90

<+szubaark> small Volatility spike to upside, we'll need followthru 14:27

<@NihabaAshi> szu...within this creeper price rise...that volatility spike could quickly turn into nothing :(

<+szubaark> exit stop moved to breakeven ES @ 1380 «« paper »» 14:28

<+Bambam-77> +1 t1 at 81

<+szubaark> Exited all Long ES at 1380 --> 0 «« paper »»

Shorts ES @ 1379.50 «« paper »»

<@NihabaAshi> Exited ER2 Long @ 731.30 --> - 0.6 14:29

<+BigDawg291> we dropped quick 14:30

<+Bambam-77> 78.25 stp for me

swing low from 2pm 14:31

<+szubaark> exit stop moved to breakeven ES @ 1379.50 «« paper »» 14:32

<+Bambam-77> i still feel we in uptrend for now

<+szubaark> Covered all Short ES at 1379.50 --> 0 «« paper »»

<+Bambam-77> still in contraction 14:35

<@NihabaAshi> Long ER2 @ 731.80 -> small size 14:36

<+Bambam-77> ok here we go do or dye for buyers

<+szubaark> Buys ES @ 1381 «« paper »»

3rd try here at this level :(

<@NihabaAshi> Exited ER2 Long @ 732.90 --> + 1.1 14:38

<+szubaark> nice Niha.

<+Bambam-77> t2 hit +2.5 runner left 14:41

this should be wave 5 for you elliotitions imho back to hod 14:43

<+szubaark> Exited all Long ES at 1384 --> + 3 «« paper »»

<+Bambam-77> wtg

<+szubaark> NQ leading Today

<+Bambam-77> flat 84.5 14:44

+4.5

<+Andy> vn bambam and good read today

<+Bambam-77> thx 14:45

not always right but i like to keep log of my posts we have a nice room here 14:47

<@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 14:48

<+Andy> Shorts ES @ 1385.5 14:52

Covered 1/3 ES Short @ 1384.5 --> + 1 14:54

Covered 1/3 ES Short @ 1384.5 --> + 1 14:59

<+tzar> startrader you back yet? 15:06

<+szubaark> Buys ES @ 1384.75 «« paper »» 15:07

<+Andy> Covered Remainder ES Short @ 1385.25 --> + 0.25

<+Bambam-77> trend still up ss are scalps for me 15:08

<+Andy> yes

<+Bambam-77> goal met for the day not sure i want give any back scalping er could pos get to 740 from my projections 15:09

<+Andy> consider playing very small, like niha, if at all...imho 15:10

<+Bambam-77> es projecting to 88 area

ok will try long small pos from 85 15:12

stp 84 swing low -2tic's

<+szubaark> Exited all Long ES at 1384.75 --> 0 «« paper »»

Buys ES @ 1385.75 «« paper »» 15:17

<Georgian1986> Hello, my friends anyone familiar with future contract spesification. 15:21

<+Georgian1986> ?

<pdays> Shorts ER2 @ 732.6

<+tzar> what exactly would you like to know Georgian1986

<+Andy> don't understand your question Georgian

specs can be found at http://www.cme.com

<+Georgian1986> I am interested what were correct Month Symbol (M) for ES, ZB, and 6E,(FX) In January, Fabruary and March. 15:23

please anyone answer me I would be thankfull sorry for english

In april it was ES "M"

<+Andy> that's H, Georgian

<+Georgian1986> January? 15:24

<+Andy> the contracts are denoted for 3 month intervals

<+Georgian1986> it roll overs after 3 month

?

<+Andy> jan-feb-march/april-may-june/ etc

<+Georgian1986> So in january february and march it was "H" correct?

<+Andy> H, M, U

and z 15:25

<+Bambam-77> come do or dye for buyers

<+Georgian1986> thanks

<+Andy> your welcome

your = you're

<+Bambam-77> long still in tact but running out of time lets get some moc orders to get us up 15:28

to 88

<+pdays> Covered all ER2 Short @ 733.6 --> - 1 15:30

<+Bambam-77> t1 hit +1.5 15:31

runner left

stp 85.25 free trade

<+szubaark> Exited all Long ES at 1385.50 --> - 0.25 «« paper »» 15:32

too late in the day..

* szubaark is now known as szubaark_away

<+Bambam-77> 88 or stp 15:33

o tell me o great one what do you want lol

<+Andy> Shorts ES @ 1386.5

Covered all ES Short @ 1387.5 --> - 1 15:35

<+Bambam-77> 87.50 flat 15:36

<+Andy> vn bambam

<+Bambam-77> thx still no 88 yet o well

just eye balled it anyway 15:37

<+Andy> I will give you full credit for 87.75

<+Bambam-77> 87.75 ok with me

we still have 30 min left 15:38

just do not want to find myself gready for a tic 15:39

<MK> Covered all ER2 Short @ 730.2 --> - 1.5 «« paper »» 15:40

<+Bambam-77> er still has up mojo left in her

735 looks good

<+MK> late post, lost internet connection in morning

<+Bambam-77> 8/8 is 734.4 15:41

733 must hold if we are to go any hi'er 15:42

<+Andy> 8/8 ? 15:43

<+Bambam-77> a little murray math trgt projection

i like using keltners they pretty good at projecting pos trgt points 15:45

no one really knows but knowing your exit is key to any system 15:46

<+Andy> your system did great today...

<+Bambam-77> thx andy 15:47

your system not bad either 15:49

<+Andy> not today, but thanks...trying to incorporate a couple things I've been working on... 15:51

<+Bambam-77> you never stop learning in this business Andy we just have to be willing to learn 15:52

<+Andy> yes

<+Bambam-77> no black box no holigrail

mybe 88 this time 15 min left 15:55

<+Brutus> http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={7a26f 573-5bf9-48f8-ae66-095fb6a3f8d0} 16:08

<+werner> gn all 16:17

<@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 16:54

* sep34 is now known as sep34_away
Session Close: Wed May 28 00:00:00 2008
16:55

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