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

June 2006 Trade Log Archived Trade Logs Trading Strategies

June 14th Wednesday 2006 Trade Log

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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 towards the bottom) because sometimes the commentary will contain trading tips or insights that are more useful than what you will see at any other futures blog.

Session Start: Wed Jun 14 08:23:44 2006Session Ident: #futurestrades

* Now talking in #futurestrades 08:23

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

<pat255> cpi #s coming.. 08:25

<NihabaAshi> Shorts EuroFX @ 1.26250 -> small size 08:30

Covered EuroFX Short @ 1.26350 --> - 0.001 08:33

Reverse and Enter Long EuroFX @ 1.26350

Long EuroFX @ 1.26500 -> Add 08:34

2 contracts now.

Long EuroFX @ 1.26520 -> Add 08:36

3 contracts now.

Exited 1/3 EuroFX Long @ 1.26530 --> + 0.0001 08:38

Exited 1/3 EuroFX Long @ 1.26530 --> + 0.0018 08:39

Exited Remainder EuroFX Long @ 1.26510 --> + 0.0016

Shorts EuroFX @ 1.26370 -> small size 08:43

Will not add to this position.

It's been a slow decline without any panick selling... 08:53

Waiting to dump my position into the first signs of panick selling which should also produce a WRB.

<pat12> dang connection problems now .. 09:01

<NihabaAshi> Covered EuroFX Short @ 1.26360 --> + 0.0001 09:03

Long EuroFX @ 1.26410 -> small size 09:05

1 contract only.

Exited EuroFX Long @ 1.26620 --> + 0.0021 09:17

<pat12> vn niha ...

<NihabaAshi> I'm a little mad because I got greedy on the prior short in thinking I can catch a WRB after +30 ticks... 09:18

The Short position retraced against me and picked off my +1 tick profit :(

That setup me only doing a 1 contract Long position that followed instead of a 3 contract position for scaling out. 09:19

<pat12> wow eur shot up.. 09:21

<PapaJon> gm all 09:23

<Awash> morning all 09:31

Sponsor:
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<substanz> gm 09:33

<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) 09:35

<les> Long ER2 @ 681.5 «« paper »»

<Awash> Long ES @ 10825 «« paper »»

YM

<les> Exited 1/3 ER2 Long @ 682 --> + 0.5 «« paper »»

Exited Remainder ER2 Long @ 682 --> + 0.5 «« paper »» 09:36

wrong

Exited Remainder ER2 Long @ 681.5 --> 0 «« paper »»

<Awash> Exited all ES Long @ 10822 --> - 3 «« paper »»

<les> Long ER2 @ 683 «« paper »» 09:39

<eminitrader> Shorts ES @ 1238.50

Covered 1/2 ES Short @ 1235.50 --> + 3 09:41

<les> Exited ER2 Long @ 680.5 --> - 2.5 «« paper »» 09:44

Reverse and Enter Short ER2 @ 680.5 «« paper »»

Covered 1/3 ER2 Short @ 680 --> + 0.5 «« paper »»

Covered 1/3 ER2 Short @ 680.1 --> + 0.4 «« paper »» 09:48

Covered Remainder ER2 Short @ 679.9 --> + 0.6 «« paper »»

wrong

Covered Remainder ER2 Short @ 680.4 --> + 0.1 «« paper »» 09:49

<eminitrader> Covered Remainder ES Short @ 1237.50 --> + 1 09:51

<aym> Short er2 @ 682.9 risk 2 09:53

<Awash> Long ES or YM @ 1240.25 «« paper »» 09:55

<les> Long ER2 @ 683 «« paper »»

Exited 1/3 ER2 Long @ 683.5 --> + 0.5 «« paper »»

<Awash> Exited all ES or YM Long @ 1239.50 --> - 0.75 «« paper »» 09:57

Shorts ES or YM @ 1239.50 «« paper »» 10:02

Covered all ES or YM Short @ 1241.25 --> - 1.75 «« paper »» 10:05

<les> Long ER2 @ 685.1 «« paper »»

<mispe> Long YM @ 10870 10:06

<les> Exited 1/3 ER2 Long @ 686.6 --> + 1.5 «« paper »»

thats totally wrong 10:07

Exited 1/3 ER2 Long @ 685.6 --> + 0.5 «« paper »»

<mispe> Exited all YM Long @ 10866 --> - 4

<jimmy> Shorts NQ @ 1547 -> large size

<mispe> Shorts YM @ 10861 10:14

Covered 1/2 YM Short @ 10852 --> + 9

Covered Remainder YM Short @ 10856 --> + 5 10:15

<les> Exited Remainder ER2 Long @ 684.3 --> - 0.8 «« paper »» 10:16

<jimmy> Covered all NQ Short @ 1548.50 --> - 1.5 10:18

<mispe> Long YM @ 10871 10:19

Exited all YM Long @ 10861 --> - 10 10:20

* NihabaAshi is now known as NihabaAshi_away 10:22

<Awash> Shorts ES or YM @ 1238.75 «« paper »» 10:23

* NihabaAshi_away is now known as NihabaAshi 10:27

<NihabaAshi> Shorts ER2 @ 681.90 -> small size 10:29

Inutition trade...high risk.

2 contracts only

Shorts ER2 @ 682.60 -> Add 10:31

<mispe> Shorts YM @ 10854 10:32

Covered 1/2 YM Short @ 10849 --> + 5 10:38

Covered Remainder YM Short @ 10842 --> + 12

<NihabaAshi> Covered 1/3 ER2 Short @ 681.00 --> + 1.6 10:39

<pat12> vn mispe

<mispe> thks

<NihabaAshi> Covered 1/3 ER2 Short @ 680.80 --> + 1.1

<pat12> nice niha i thot it gonna shoot up.. 10:40

<NihabaAshi> Covered Remainder ER2 Short @ 680.60 --> + 1.3

Be back later...I've been watching more soccer (ESP vs UKR) instead of concentrating on trading. 10:41

Will finish watching the game :) 10:42

* NihabaAshi is now known as NihabaAshi_soccer

<jason314> long oil 68.325 10:43

no script on this computer yet

sold 68.825 10:44

<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) 10:46

<JasonC> Shorts ES @ 38.25 -> small size 10:51

Covered all ES Short @ 38.25 --> 0 10:55

Shorts ES @ 36.5 -> medium size 10:58

<Awash> exit stop lowered ES or YM @ 1238.50 «« paper »» 10:59

<pat12> nice jason ..missed the 1239 S never got there.. 11:00

Sponsor:
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I don't always trade nor monitor the market from my home office. Sometimes I'll do such from one of my favorite nearby Wi-Fi hotspot or whenever I'm traveling via using this little Wi-Fi detection gadget I got from Think Geek that will show more than just the presence of any nearby signal and its signal strength. It has a 12-character LCD that provides information on signal availability and strength as well as essential network information, including SSID, security status and channel. When multiple networks are present the LCD me to scroll through information for each network.

<codehead> on the 3 min YM ER and ES, inverted ghost setups 11:01

potential pop, not triggered 11:02

otherwise, direction on the 3 min is down

ES and YM running from the trigger tho now

<Awash> Covered all ES or YM Short @ 1235.50 --> + 3.25 «« paper »»

<JasonC> Covered 2/3 ES Short @ 35.25 --> + 1.25 11:03

if 35 breaks could see 32 :0 11:05

<pdays> Shorts ER2 @ 679.0 «« paper »» 11:07

<JasonC> Covered Remainder ES Short @ 35.50 --> + 1 11:10

Shorts ES @ 38 -> small size 11:17

Covered 2/3 ES Short @ 37.25 --> + 0.75 11:22

Covered Remainder ES Short @ 38 --> 0 11:23

Shorts ES @ 37.75 -> small size 11:27

Covered Remainder ES Short @ 38.5 --> - 0.75 11:29

<jason314> long oil at 68.60 11:36

<JasonC> Long ES @ 38.25 -> medium size

<jason314> stop to BE 11:40

<JasonC> Exited Remainder ES Long @ 38 --> - 0.25 11:46

<codehead> hm, YM and ES triggered ghosts (down), but we're not getting any price movement down 11:51

ER at trigger

volume must be waning 11:52

<JasonC> Shorts ES @ 36.5 -> small size 11:54

<codehead> took a long time for those signals to get anything--volume dried up there for a bit 11:56

<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) 11:58

<JasonC> Covered Remainder ES Short @ 36.5 --> 0

<codehead> not much downside on that pretty good signal 11:59

<JasonC> this is the worse market action ive seen in a while 12:03

Shorts ES @ 37.5 -> small size 12:05

<codehead> beige book in two hours 12:08

<JasonC> Covered Remainder ES Short @ 37 --> + 0.5 12:09

<codehead> mkt just ranging narrow, but appears lack of sellers on dips

yep

<pat12> looks like code 12:10

<JasonC> anyone use the premium to trade? 12:11

Shorts ES @ 38 -> small size 12:14

<jason314> out oil at BE 12:21

<JasonC> Covered 2/3 ES Short @ 37.5 --> + 0.5 12:32

Covered Remainder ES Short @ 37.5 --> + 0.5 12:36

<codehead> long YM 10851 <paper> 12:37

trading stocks today, so paper unless i get a really good entry

did my charts stop? 12:38

ya

stop YM 10844 <paper> 12:41

stop 10852 12:42

<JasonC> anyone use the premium spread between cash and futures to trade? 12:43

<codehead> not me

i do watch what cash is doing, but don't correlate them that closely 12:45

stopped YM +1 <paper>

<JasonC> just curious i think its the best indicator for entrys and exits i use is constantly:0 12:47

<codehead> i've wondered about it 12:51

long YM 10852 <paper>

stop YM 10844 12:52

<JasonC> anyone use times and sales 12:53

<codehead> do you have a chart of the difference between future and cash price, or what? 12:55

what kind of indicator 12:56

<JasonC> what charting software do you use?

<codehead> eisiganl 12:57

oops

esig, qcharts (stocks)--also my trademaven does charts, but don't use that

<JasonC> i use esignal what do you ussually trade es? 12:58

<codehead> i sometimes trade it, Ym mostly, ER next

actually haven't traded ES in a while, but watch it

<JasonC> the ticker for the premoun is EPREM A0 12:59

PREMIUM

<codehead> oic, thx

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<szubaark> Long YM @ 10858 13:00

<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) 13:07

<codehead> long YM 10846 <paper> 13:08

stopped out -8 while i was away 13:09

<szubaark> Exited all YM Long @ 10836 --> - 22

:(((

Shorts YM @ 10836

<JasonC> Shorts ES @ 35 -> large size 13:10

Long ES @ 35 -> large size

<szubaark> exit stop set YM @ 10850 13:16

<codehead> stop is 10829 YM paper trade 13:17

<JasonC> Exited Remainder ES Long @ 35 --> 0

<codehead> stop hit 13:18

<szubaark> exit stop moved to breakeven YM @ 10836

<JasonC> Long ES @ 32.5 -> large size 13:21

32 was yesderdays low 35 broken droped to 32 now back to 35 13:22

<szubaark> Covered all YM Short @ 10836 --> 0 13:23

:((

got too greedy

<codehead> hooboy, i caught that falling knife at 10820, just as ex gf is knocking at the door to say hi

had to take 8 quick ones and kick her out

lol

<szubaark> heheh... all she worth is 8 quick ones? 13:24

<codehead> lol

well, she is my ex

gf that is

current gf would have my head on a stick if i tossed her out

<szubaark> Shorts YM @ 10820 13:25

<JasonC> Exited 1/2 ES Long @ 33.5 --> + 1 13:26

Exited Remainder ES Long @ 32.25 --> - 0.25 13:27

Long ES @ 32.50 -> medium size 13:28

<codehead> long YM 10822 <paper>, stop 10814

i was kinda banking on a pb before beige book as buying op, but a little chicken now that i got it 13:29

<JasonC> this should get us to 35 13:30

Exited Remainder ES Long @ 32.50 --> 0 13:33

oh well :( 13:34

<codehead> long YM 10817 paper 13:35

stop 10807

hit 13:36

woah

trying to figure out the excuse du jour for this rinse

<JasonC> es looking for 29

<szubaark> we going for Yersturday's lows? 13:37

<JasonC> Shorts ES @ 31. -> small size

<codehead> long YM 10812 <paper> 13:38

<szubaark> Beige book in 20 minutes

code u woudnt go against HTLB's. those are powerful on CCI 13:39

u'll get them ONCE a week on the 5minute charts if u lucky 13:40

<JasonC> Covered 2/3 ES Short @ 30.25 --> + 0.75

Covered Remainder ES Short @ 31 --> 0 13:41

Long ES @ 31 -> small size 13:44

<szubaark> Covered all YM Short @ 10819 --> + 1 13:45

Long YM @ 10821

<JasonC> all the shorts will be covering for beige book short squeezwe to 35

Exited 2/3 ES Long @ 31.50 --> + 0.5 13:47

<szubaark> frikin chop 13:48

<JasonC> its trying really hard for 34-35 area 13:51

trins sitting a .65 which is very bullish first move out of the beige book should be up 13:54

also if anyone is annoyed by my comments please let me know , It helps think out loud :) 13:55

<szubaark> geez.. we are way due for a Tiny up day

Jason welcome to the room

<JasonC> ty 13:56

<szubaark> exit stop moved to breakeven YM @ 10821 13:57

<codehead> report due any sec 13:59

potentially a bullish setup for the close

<JasonC> Exited Remainder ES Long @ 34.75 --> + 3.75 14:00

<codehead> my bias today was to get a dump before the report, just cuz i figgered if we were at day's high, selling would be built in

but i was surprised at the strength of the dump

of course if report is bad, we go down either way 14:01

s` BEIGE BOOK: HOUSING SLOWING IN MOST REGIONS

s` BEIGE BOOK: GROWTH IN RETAIL SALES WEAKENING

s` BEIGE BOOK: WAGES, CONSUMER PRICES RISING MODERATELY

s` BEIGE BOOK: PRICE PRESSURES MOUNTING

s` BEIGE BOOK: MANUFACTURING, SERVICES REMAIN HEALTHY

s` BEIGE BOOK SITES HEALTH ECONOMY, SIGNS OF SLOWING

s` Fed's Beige Book sees signs of slowdown

set Ym stop 10829 <paper> 14:02

hit, out +17

but so far not looking bad 14:03

<szubaark> They close to my Stop :)

<codehead> looks pretty decent 14:05

<JasonC> Long ES @ 35.25 -> small size

<codehead> i had a hunch we needed to dump before that report in order to have an up day 14:06

<NihabaAshi_soccer> Long ER2 @ 680.90 -> small size

<JasonC> next stop around 39 area

es

* NihabaAshi_soccer is now known as NihabaAshi

<JasonC> Exited 1/2 ES Long @ 36.25 --> + 1 14:07

<codehead> long YM 10850 14:09

stop YM 10855

<NihabaAshi> Exited 1/3 ER2 Long @ 682.50 --> + 1.6

<szubaark> Exited all YM Long @ 10862 --> + 41

<codehead> nice 14:10

<szubaark> thanks.. Volatility from Beige book helped this trade.

<JasonC> Exited Remainder ES Long @ 37.5 --> + 2.25 14:11

<codehead> nice

stop hit, +5 YM 14:12

<NihabaAshi> Exited Remainder ER2 Long @ 681.20 --> + 0.3

<codehead> dow turned back at the expected resistance 14:13

needs to get above 10785 and try to get thru 10800 before we have significant ups

<JasonC> Long ES @ 35.5 -> small size 14:14

<NihabaAshi> Long ER2 @ 680.90 -> small size 14:15

<codehead> long YM 10850 <paper>

<NihabaAshi> 1 contract only...I'm now in profit protection mode of my earlier profits.

<JasonC> Exited 1/2 ES Long @ 36.5 --> + 1 14:16

Exited Remainder ES Long @ 35.5 --> 0 14:17

<NihabaAshi> Exited ER2 Long @ 680.00 --> - 0.9

Reverse and Enter Short ER2 @ 680.00

<szubaark> I think during Beige book they like to hammer it both ways

<NihabaAshi> Shorts ER2 @ 679.40 -> Add

<codehead> stop 10829 YM <paper> 14:18

<szubaark> I got to keep notes on this crap.

<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) 14:19

<JasonC> Long ES @ 34.5 -> small size 14:21

<codehead> zlr on 3 min charts trying

<JasonC> Exited 1/2 ES Long @ 35.5 --> + 1

Exited Remainder ES Long @ 34.5 --> 0 14:24

<NihabaAshi> :( 14:25

<codehead> now ghosty patterns as zlrs didn't go off much

<JasonC> Shorts ES @ 34 -> small size 14:26

<NihabaAshi> I don't like the current volatility. 14:27

<JasonC> Covered Remainder ES Short @ 34.25 --> - 0.25

very tricky area here

<pat12> this is so hard to gauge ...which way buy the lows & pray...or S the tops 14:28

<szubaark> yup.. where u put your stop here? LOL

<pat12> in between u are toast

<JasonC> trins at 63 very bullish programs could come in at any time

<NihabaAshi> Covered 1/2 ER2 Short @ 678.70 --> + 0.7

<szubaark> Long YM @ 10842

jumping on this upthrust

<JasonC> Long ES @ 34.5 -> medium size 14:29

<NihabaAshi> Covered Remainder ER2 Short @ 679.40 --> + 0.6 14:30

<szubaark> Im watching NQ here holding up well.

<JasonC> 38 then 40 all possible in next 30 minutes

<NihabaAshi> Shorts ER2 @ 679.40 -> small size 14:31

1 contract only and last trade of the day.

<JasonC> buy programs kicking in 14:32

<szubaark> Im taking trade in YM BUT watching NQ for Trade Managment

<JasonC> Exited Remainder ES Long @ 34.5 --> 0 14:33

<pat12> wow in micro sec drop 80 ticks on er..

<szubaark> Exited all YM Long @ 10828 --> - 14 14:34

Shorts YM @ 10828

<JasonC> Long ES @ 32.25 -> small size 14:37

Exited Remainder ES Long @ 32.25 --> 0

Long ES @ 33.25 -> small size

Exited 2/3 ES Long @ 34.5 --> + 1.25 14:39

Exited Remainder ES Long @ 33.5 --> + 0.25 14:40

<NihabaAshi> Covered ER2 Short @ 677.30 --> + 2.1 14:41

<szubaark> Nice Niha.

<JasonC> Long ES @ 31.25 -> small size

<NihabaAshi> Oil helped me out a lot on that trade :) 14:42

Kepted me patient.

<pat12> nice run on that setup...

<JasonC> Exited 2/3 ES Long @ 32.25 --> + 1 14:43

<szubaark> Ill get greedy and see if we break Lows

<JasonC> Exited Remainder ES Long @ 31.25 --> 0 14:45

<NihabaAshi> Done just in time to watch Germany vs Poland soccer match...

Take care all and see all tomorrow :)

<szubaark> Niha what channel is that on?

<NihabaAshi> RDS (french) 14:46

I have a few english channels (U.S.) and the game probably will show up later on them as delayed :( 14:47

<szubaark> ok..have fun.

<JasonC> Long ES @ 30.25 -> large size 14:48

<NihabaAshi> http://fifaworldcup.yahoo.com/06/fr/ 14:49

Ooops...

<szubaark> NQ leading nicely

<NihabaAshi> http://fifaworldcup.yahoo.com/06/en/

* NihabaAshi is now known as NihabaAshi_away

<JasonC> major support at 1229 tryed to get there buy couldnt

3 oclock programs may hit drive it up 14:50

<szubaark> Covered all YM Short @ 10824 --> + 4

Nuts

<PapaJon> espn2

<JasonC> Exited 2/3 ES Long @ 32.75 --> + 2.5

<szubaark> Long YM @ 10831

<codehead> dow retested the pre-biege low and bounced 14:51

i've had a bias today that it would test 10720, got close both times, but not quite

10725 was the low

since the opening move up 14:52

<szubaark> that bounce hit my trailing Stop

waiting for 3pm proggies to kick in and take this higher 14:53

<codehead> yeah, my other bias is a strong close possibility

at least for dow

13 min YM has a big fat vegas setup 14:55

possibility

on the 5 min, the opening inv ghost worked great 14:56

<szubaark> Dow cash 15min Double Bottom

actually ALL CASH indexes have double bottoms now on 15min

this should Pop FAST 14:57

<JasonC> Exited Remainder ES Long @ 34.25 --> + 4

<szubaark> Cash is king

Nice Jason

<codehead> nice trade 14:58

<JasonC> ty

premium told me to go long codehead

<codehead> ic 14:59

nice

i'll have to look at that

<JasonC> i started using it about 4 months ago its helped alot :)

<szubaark> Exited all YM Long @ 10832 --> + 1 15:00

gotta go watch Poland vs Germany

* szubaark is now known as szubaark_away 15:01

<JasonC> Shorts ES @ 34.25 -> small size

<codehead> long 10827 YM <paper> 15:03

just seeing if this 13 min signal can work for the close, might not have enough time

<JasonC> Covered 2/3 ES Short @ 33.24 --> + 1.01

<codehead> the 3 min signal not so great 15:04

<JasonC> only thing that will push us up at this point is programs net buying in the bluechips is very weak and a swing down is likely with recent highs maybe to 35 15:05

<codehead> exit half YM +20, stop b/e on remainder <paper> 15:07

<JasonC> Covered Remainder ES Short @ 32.25 --> + 2 15:14

<codehead> stop hit, out reminder YM b/e <paper>

it's just chopping the range

<JasonC> next major move around 3:30 15:17

Long ES @ 34.25 -> small size 15:21

<codehead> naz thinking about green close

<JasonC> buying coming in to bluechips now 15:22

<codehead> naz, s&p, russell all still about flat, toying with green

<JasonC> Exited Remainder ES Long @ 34 --> - 0.25 15:23

Shorts ES @ 33.25 -> large size 15:24

<codehead> we could get some shaking with indices so close to red/green close 15:25

up pressure 15:27

at the moment

<JasonC> Covered ES Short @ 34.25 --> - 1

Reverse and Enter Long ES @ 34.25

<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) 15:28

<codehead> everything has a wedge it's pushing on, tryign to get thru 15:31

nazgreen 15:32

bink--YM got thru too

s&P and russell still knocking

s&p thru

<JasonC> bluechips heay buying 15:33

<codehead> russell thru

nice

<JasonC> heavy

Exited 1/2 ES Long @ 35.75 --> + 1.5 15:34

38.5 maybe 40 targets

Exited Remainder ES Long @ 36.75 --> + 2.5 15:37

<substanz> Shorts YM @ 10866 «« paper »» 15:38

<JasonC> Long ES @ 37.75 -> small size

market looking for 1240 15:39

Exited Remainder ES Long @ 37.75 --> 0 15:40

Long ES @ 37.75 -> small size 15:42

Exited Remainder ES Long @ 37.50 --> - 0.25 15:43

Shorts ES @ 37.25 -> small size 15:44

Covered Remainder ES Short @ 38 --> - 0.75 15:46

<codehead> YM new hod by a tick 15:47

<substanz> Covered all YM Short @ 10877 --> - 11 «« paper »»

Long YM @ 10878 «« paper »» 15:48

<JasonC> Shorts ES @ 39.50 -> large size 15:50

<substanz> Exited all YM Long @ 10892 --> + 14 «« paper »» 15:54

<codehead> wow, my bias actually happened today 15:57

didn't know whether it was wishful thinking, but i thot it was time for up, and only scenario that allowed that would be to sell off before beige so that all the news was out there 15:58

10899 high 16:00

thing i like about YM & dow they sure like round numbers

<JasonC> Covered Remainder ES Short @ 40 --> - 0.5 16:01

* DisconnectedSession Close: Wed Jun 14 16:21:08 2006 16:21

Today's Music:
Simple Minds

Today I listen to Simple Minds for about 30mins prior to the open, during slow price action (mainly mid-afternoon) and for about an hour after my trading day is complete to help bring the psychological aspects of trading back to equilibrium. To see my entire music selection, reviews and accessories that helps me to re-energize and prepare for the next trading day...click here.

Trading Edge:
Strategies
If your an independent trader looking for an edge to help you traverse around obstacles to profitable trading...a method that's well defined, gives you a better understanding of the markets, applicable for day trading, position trading and swing trading with a money back guaranteed policy...click here.

Trading Strategies -> These strategies will reveal and explain specific strategies from entry to exit that exploit inefficiencies in the price action of your trading instrument for profits in the following trading instruments: 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

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ER2 EuroFX EC

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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 June...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

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