#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 15th Thursday 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 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.

Today's Music:
Willie and Lobo

Today I listen to Willie and Lobo 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 emotional 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.

Session Start: Thu Jun 15 09:28:13 2006Session 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

<pat255> gm niha 09:29

<Awash> goood morning 09:30

<szubaark_away> good morning 09:33

* szubaark_away is now known as szubaark 09:34

<pat255> tough to counter trend today 09:43

<substanz> Shorts YM @ 10950 «« paper »» 09:45

Covered all YM Short @ 10956 --> - 6 «« paper »» 09:48

<PapaJon> looks like mkt trying to fill its hidden gaps 09:50

<JasonC> Shorts ES @ 48.5 -> small size 09:52

<codehead> sold BGO CDE half DROOY here, just to show you how little i trust the metals any more

oops wrong room sorry

<NihabaAshi> Creeper uptrend so far. 09:56

<szubaark> Yeah these are always tough to trade.. i usually get impatient in creepers. 09:58

<aym> Short er2 @ 696.2 risk 2 10:00

<jimmy> Shorts NQ @ 1262.50 -> large size 10:01

<eminitrader> Shorts ES @ 1250 10:02

<aym> cover er2 @ 694.1 10:03

<eminitrader> Covered 1/2 ES Short @ 1248 --> + 2

<szubaark> Nice emini, you got balls shorting this obvious strong upmove 10:04

<eminitrader> thx szu ..early in the am..first trade so took some risk ..i was actually waiting for 1252 10:05

Sponsor:
Slysoft
Mentally getting away from trading is much harder to do in comparison to physically getting away from trading when its time for some rest and relaxation. Personally, one of my favorite ways to mentally rest is to watch movies I've copy & recorded from the local video store via my Slysoft software that copies any copyright protected dvd's and cd's.

<JasonC> Covered Remainder ES Short @ 48.5 --> 0 10:08

Long ES @ 49.25 -> small size 10:12

<eminitrader> Covered Remainder ES Short @ 1250 --> 0 10:13

<JasonC> Exited 2/3 ES Long @ 50.25 --> + 1 10:14

Exited Remainder ES Long @ 51.25 --> + 2 10:16

Shorts ES @ 50.5 -> small size 10:18

Covered Remainder ES Short @ 50.75 --> - 0.25 10:20

Shorts ES @ 50.5 -> small size

<jimmy> Shorts NQ @ 1566.50 -> Add 10:21

<substanz> Shorts YM @ 10974 «« paper »» 10:23

<JasonC> Covered Remainder ES Short @ 50.5 --> 0 10:25

<eminitrader> Shorts ES @ 1250.25

<JasonC> Shorts ES @ 50 -> small size 10:26

<szubaark> Oil Report in 3 minutes 10:27

<eminitrader> Covered 1/2 ES Short @ 1249.25 --> + 1 10:28

<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)

<JasonC> Covered Remainder ES Short @ 50 --> 0

<eminitrader> Covered Remainder ES Short @ 1250.25 --> 0

<JasonC> 10:30-35 programs can whip the market 10:30

<substanz> Covered all YM Short @ 10973 --> + 1 «« paper »»

<eminitrader> mental set-ups towards shorts r so strong for me ..i wonder if i'll be comfortable taking any long set-ups today !

* GoodMood_Away is now known as GoodMood

<JasonC> Shorts ES @ 50 -> small size 10:31

one more time

<eminitrader> :)

<szubaark> Long YM @ 10980 10:35

<substanz> Shorts YM @ 10980 «« paper »»

<mispe> Long YM @ 10978 10:36

Exited all YM Long @ 10980 --> + 2 10:40

<substanz> Covered all YM Short @ 10985 --> - 5 «« paper »»

Long YM @ 10989 «« paper »» 10:41

<NihabaAshi> I hate trading day's like this...I got no Long signals...no Short signals and nothing is familiar about this price action.

Good day to stick to the trading plan and not do any intuition trades. 10:42

<szubaark> Niha u dont even see anything in tradable in Euro?

exit stop moved to breakeven YM @ 10980 10:44

Exited all YM Long @ 11001 --> + 21 10:46

<substanz> Exited all YM Long @ 11003 --> + 14 «« paper »»

<eminitrader> nice szu substanz

<szubaark> thanks emini.. 11000 Test seemed like a no brainer

they probobly going higher.. but wont get greedy.. this Price Action sucks! 10:47

<mispe> Shorts YM @ 11000 10:54

Covered 1/2 YM Short @ 10995 --> + 5

<NihabaAshi> szu...its one of those price actions where you we needed to have on our "thinking cap" right out of the gate :) 10:58

I sure didn't have mine on...still sitting here waiting for a signal to trade. 10:59

<pat255> wise niha ....trade with the trend or stay put..

<Awash> wise niha 11:00

<mispe> Covered Remainder YM Short @ 10995 --> + 5

<Awash> got a late start (only by eight minutes) and missed the move and still waiting

<NihabaAshi> Shorts ER2 @ 700.10 -> small size 11:01

<mispe> Shorts YM @ 10999

<NihabaAshi> 1 contract only...its a counter-trend trade and want to better manage my increased risk exposure.

<mispe> Covered all YM Short @ 11004 --> - 5 11:02

Shorts YM @ 11001 11:03

Sponsor:
Think Geek

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.

<NihabaAshi> Covered ER2 Short @ 700.80 --> - 0.7 11:04

Reverse and Enter Long ER2 @ 700.80

Exited ER2 Long @ 700.00 --> - 0.8 11:07

Reverse and Enter Short ER2 @ 700.00

<mispe> Covered 1/2 YM Short @ 10996 --> + 5

<NihabaAshi> 2 contracts into the reversal.

<mispe> Covered Remainder YM Short @ 10001 --> + 1000 11:10

11001= 0

<NihabaAshi> I'm regretting not getting up earlier this morning in trading EuroFX during the 0830am est key econ report price action :( 11:11

<mispe> Shorts YM @ 11002 11:12

<NihabaAshi> I think the market is just going to wait for the 12noon Philly Survey Report before making another big move. 11:13

<pat255> looks like .. 11:15

<codehead> short ER 699.60 <paper>

<mispe> Covered 1/2 YM Short @ 10997 --> + 5

<codehead> stop ER 700.80 <paper>

<mispe> Covered Remainder YM Short @ 10996 --> + 6 11:16

<codehead> i shorted Ym for real 11000 but too nervous shorting yet, took 3 ticks

<szubaark> not a tiny pullback.. strong upmove 11:17

<mispe> Shorts YM @ 11005

<NihabaAshi> Looks like they are going to get my stop :( 11:18

exit stop lowered ER2 @ 700.60 11:19

<codehead> cover ER short flat <paper>

<NihabaAshi> exit stop lowered ER2 @ 700.50

<codehead> hm, now signal trying to turn back down

<mispe> Covered 1/2 YM Short @ 10999 --> + 6 11:20

<pat255> niha what stop u normally use?

<NihabaAshi> Never a fixed stop. 11:21

Trailing Stop Hit ER2 @ 700.50 --> - 0.5

In other words...never the same number stop.

<pat255> k...

<NihabaAshi> Depends on the price action. 11:22

<szubaark> Niha u just doing "intuition" trades here?

<NihabaAshi> I never use risk:reward ratios...

Stop using them back in the mid-90's and my profits jumped.

<pat255> niha try for a setup ...but er so wild so it becomes an intutuion trade ..but very few trades ...today no trade yet

<mispe> Covered Remainder YM Short @ 11000 --> + 5

<NihabaAshi> szu...intuition trades and I'm keeping them tight with small size only. 11:23

<pat255> was thinking to try a S but glad I did not ...:)

<NihabaAshi> Will sit and wait for the Philly Fed Survey to stir things up (more volatility) to increase the odds for a pattern signal to appear. 11:24

<szubaark> 12 AM Philly Survey should add some Volatility

<codehead> cci coming off now, a little selling setting up maybe

in YM and ER 11:25

dippage now 11:26

<substanz> Shorts YM @ 10994 «« paper »» 11:28

* Retrieving #futurestrades modes... 11:29

<NihabaAshi> Shorts EuroFX @ 1.26860 -> small size

<JasonC> hey codehead whats your favorite indicator? 11:30

<codehead> i trade price action and cci 11:31

short ER 699.50 <paper> 11:32

<substanz> Covered all YM Short @ 10986 --> + 8 «« paper »»

<codehead> stop 700.50 ER <paper>

<JasonC> what do you like about cci?

<codehead> not ready to take real trades--shorted early, as usual, and lucky to have two for two dinky winners 11:33

trading stocks mainly today, doing great there, why torture myself

stop lowered to 699.20 ER <paper> 11:34

my prices went out for a sec, might have hit that

hit, out +.30 11:35

in a real trade i would have just taken the +.80 in this mkt

sorry jason... 11:36

so far, i like cci because it keeps me out of making too many crappy trades

i usually have mkt price targets, and use cci to help confirm 11:37

<szubaark> "CCI Rocks!

<codehead> that it's time to enter

lol

<NihabaAshi> My EuroFX trade is dead in the water...

Not sure if I want to hang around in EuroFX with the approaching Philly Fed Survey at 12noon est.

<codehead> otherwise, i tend to buy my expected reversal points--they are usually right, but i find i have a lot more trouble taking heat in futures than in stocks 11:38

so often, i can be totally right and sitll get killed cuz i stop out before the turn

then the turn gets 80--100 ticks

while i stop out -20 or something 11:39

<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) 11:40

<codehead> last week i got killed anticipating that 20-point ER reversal bounce, by entering too soon and taking a loss before it turned

jason was it you who used the premium? 11:41

<NihabaAshi> Looks like the volatility is slowly decreasing...we should see a WRB in EuroFX and the Eminis soon (next few minutes). 11:43

<codehead> cci did signal this decline pretty well 11:44

<NihabaAshi> Tightning up my stops...getting closer to 12noon est. 11:48

<codehead> short ER 700.00 <paper> 12:00

<NihabaAshi> Not looking good 12:01

<codehead> exit ER 699.50 <paper>

short ER 700.00 <paper> 12:02

<mispe> Shorts YM @ 10985

<NihabaAshi> Covered EuroFX Short @ 1.26950 --> - 0.0009

Reverse and Enter Long EuroFX @ 1.26950

<codehead> exit ER 699.50 <paper>

<NihabaAshi> Reversed from a 1 contract Short into a 2 contract Long position

Still keeping it tight. 12:03

<mispe> Covered 1/2 YM Short @ 10979 --> + 6

<codehead> trading a GB-100 on the 3 min chart szu, should have held the sedon one 12:04

<NihabaAshi> Short ER2 @ 699.10 small size (1)

<codehead> s` JUNE PHILLY FED FALLS TO 13.1 VS. 14.4 IN MAY 12:05

s` JUNE PHILLY FED 13.1 VS. 11.8 EXPECTED

s` JUNE PHILLY FED PRICES PAID 48.7 VS. 55.3

s` JUNE PHILLY FED NEW ORDERS 17.7 VS. 2.7

s` JUNE PHILLY FED PRICES RECEIVED 14.0 VS. 10.3

<mispe> Covered Remainder YM Short @ 10985 --> 0 12:07

<szubaark> Long YM @ 10989 12:09

<NihabaAshi> Cover ER2 @ 699.00 ---> +0.10 12:12

<pat255> later guys back to office ...ty all no trades again today .. 12:14

<szubaark> exit stop set YM @ 10975

No reaction for Fed Philly :(( 12:15

<codehead> ER cci just following the zero line here 12:16

swinging down at the moment 12:17

<szubaark> CCI giving ZRL 12:19

<NihabaAshi> Exited all EuroFX Long @ 1.26960 --> + 0.0001 12:20

Not getting anywhere today nor am I being aggressive...

<codehead> not a zlr szu, sidewinder red 12:21

<NihabaAshi> Will go to lunch and enjoy the England vs Trinidad Tobago soccer game :)

* NihabaAshi is now known as NihabaAshi_away

<codehead> zlr only counts when it's trending

have fun niha 12:22

YM 3 min not far from--hm, just hit yellow 12:24

YM 3 min zlr marginally tradable

basically, if it does move up soon, would trigger 12:26

ER trying to famir up

<szubaark> yup..double famir ZRL 12:27

<codehead> Er going

long ER 699.00 <paper> 12:28

stop 698.70 <paper>

make that 698.50 stop 12:29

exit ER 699.60 +.60 <paper> 12:30

getting stock alarms to tend to

the ES famir signal followed thru better, as far as the signal 12:34

Er still not over the 100

<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) 12:52

<szubaark> Exited all YM Long @ 10975 --> - 14 13:01

:((

Shorts YM @ 10972 13:03

<codehead> ES gave a good sell signal (ghost) on 3 min 13:05

already reached objective

<Awash> Shorts ES or YM @ 1252.25 «« paper »» 13:07

<codehead> YM 3 min trying zlr for down 13:17

it triggered, but having trouble dropping back below the -100 13:21

could famir up

now another zlr signal 13:26

bernanke speaks soon 13:28

<JasonC> Long ES @ 51.50 -> medium size 13:29

<pdays> Shorts ER2 @ 698.2 «« paper »» 13:32

Covered all ER2 Short @ 697.6 --> + 0.6 «« paper »» 13:33

<substanz> Long YM @ 10953 «« paper »» 13:34

<szubaark> exit stop set YM @ 10970

Covered all YM Short @ 10957 --> + 15 13:39

<substanz> Exited all YM Long @ 10964 --> + 11 «« paper »» 13:41

<codehead> YM 5 min vegas 13:43

the thing i like about YM is it likes to test certain numbers--the low on the pb today, 10951 13:47

woah that vegas sure went off

<szubaark> yup..bounced right off it

<JasonC> Exited all ES Long @ 53.75 --> + 2.25

<codehead> bernake must have said something good this time 13:48

<substanz> Shorts YM @ 10992 «« paper »» 13:50

<JasonC> Shorts ES @ 53.5 -> small size

<substanz> Covered all YM Short @ 10986 --> + 6 «« paper »» 13:51

<codehead> short ER 700.00 <paper> 13:53

exit ER short 699.40 <paper> 13:54

<substanz> Long YM @ 10979 «« paper »» 13:55

<JasonC> Covered Remainder ES Short @ 53.5 --> 0 13:56

<substanz> Exited all YM Long @ 10990 --> + 11 «« paper »» 13:59

<JasonC> Shorts ES @ 54.75 -> small size 14:00

<NihabaAshi_away> Long ER2 @ 701.70 -> small size 14:01

<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)

<Awash> Covered all ES or YM Short @ 1256.25 --> - 4 «« paper »» 14:03

<PapaJon> 1 more pt and er2 will have closed its gap

<JasonC> Covered all ES Short @ 55.75 --> - 1

<PapaJon> nq already did 14:04

<NihabaAshi> Exited 2/3 ER2 Long @ 702.80 --> + 1.1

This current Long should have been an Add entry because the actual signal was @ 698.20 via the 2min chart.

Yet, was worth the chase because of the strength of the signal. 14:05

<PapaJon> just two more ticks

<NihabaAshi> Same here...looking for a 703.60 or 703.70 but wasn't in the cards. 14:06

<PapaJon> same o here 14:07

pt3

<NihabaAshi> Exited Remainder ER2 Long @ 702.20 --> + 0.5

That got me profitable for the day in ER2 but most likely will have to eat a loss in EuroFX because it currently looks dead and just not worth hanging around waiting for trade signals in EuroFX. 14:08

On that note...I'm calling it a day... 14:09

Didn't feel comfortable with the market right out of the gate at 0930am est :(

<codehead> s` BERNANKE: ENERGY UPTICK TO LAST, FORCING CONSUMER ADJUSTMENT 14:10

s` BERNANKE: DAYS OF CHEAP OIL AND GAS ARE LIKELY BEHIND US

s` BERNANKE: ECONOMY HAS PERFORMED WELL DESPITE GAS PRICES

s` BERNANKE: ENERGY PRICES LIKELY VOLATILE IN SHORT-RUN

s` BERNANKE: LONG-TERM IMPACT FROM OIL PRICE 'MANAGEABLE'

s` Bernanke: Energy effects on prices 'bear watching'

<substanz> Long YM @ 11023 «« paper »» 14:19

<codehead> ghsot pattern 14:25

short YM 11020 <paper>

would do it with money, would wait fro less agreeive entry

agressive 14:26

stop 11035 YM 14:27

too busy with stocks to manage it--exit YM short +1 tick <paper> 14:29

my stock alarm really going off today

<Awash> Does anyone have the current price on the SP500 cash index? 14:30

<codehead> the ghost signal sitll good, but don't have time to watch and see if it counter signals

1247.10

short YM 11018 <paper> 14:31

wth--it's paper

<Awash> :) 14:32

<codehead> lol, just want to see if it can follow thru

ER wants up tho

<Awash> do trades like that work frequently considering todays market conditions

? 14:33

<codehead> exit YM -2 <paper>--alarms driving me mad, forget it

<PapaJon> there it is.. :) 14:38

glad i held out.

sheesh... and then some. 14:39

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<substanz> Exited all YM Long @ 11047 --> + 24 «« paper »»

Exited all YM Long @ 11047 --> + 24 «« paper »»

oups 14:40

<codehead> nice 14:42

awash--no i didn't expect a countertrend trade to work well, in this strength, late day 14:43

shorts are getting creamed

<Awash> agree

<codehead> i just wanted to track how it did in this setup

<Awash> oh

<codehead> tho i was watching to see if the signal rolled over into a zlr, and of course it did

<Awash> you mentioned you watch price a while back, how do you filter signals on your indy's with current market price action? 14:44

Or would you find that helpful? 14:45

<codehead> hm, sorry scatter brained at the moment with so much going on--have to think about the question 14:50

<Awash> trade first, don't worry about me, i'm waiting for a trade 14:51

<codehead> mainly, i look for expected reversal points based on the chart trends, s/r, etc

also look at other factors a bit like stochastics--for a cross-over 14:52

<Awash> Long ES or YM @ 11261.25 «« paper »» 15:11

<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) 15:13

<Awash> Exited all ES or YM Long @ 1263.25 --> - 9998 «« paper »» 15:16

sorry

will repost

Long ES or YM @ 1261.25 «« paper »» 15:17

Exited all ES or YM Long @ 1263.25 --> + 2 «« paper »»

<szubaark> Shorts YM @ 11070 15:20

<codehead> watch out fo margin-time squeeze 15:27

<szubaark> Covered all YM Short @ 11089 --> - 19 15:32

Long YM @ 11089 15:33

<codehead> remember when i mentioned the push to 10999 peak--that dow likes to protect round numbers? 15:37

so far hod here 11099

<szubaark> im thinking they push til end of day.. Short squeeze 15:39

<codehead> hey, just noticed ES right at one of its break down tests 15:40

now a tick above it

it ripped the last three breakdown levels today 15:41

we getting that squeeze szu 15:44

<szubaark> yup.

<codehead> my experience is--if we are up a lot, might get profit taking

if we are up insanely, then it squeezes even more 15:45

too many people better that it can't go higher

usually goes more if you hold it till the 5pm close too

<PapaJon> Amazing day! :)) 15:46

<szubaark> Exited all YM Long @ 11120 --> + 31 15:47

<codehead> stocks similarly squeezing like crazy here, my alarms going off

HD HDI KOPN one after another

naz +61

<PapaJon> My alarm goes off once in the morning... then i get out of bed. :)

<codehead> lol

<szubaark> Shooort Squuzze! 15:48

<codehead> i would've bought but i've had an insane up day on my stock account

like, more than 13%

<Awash> nice long szu

<codehead> so why risk ruining it messing with futs trades 15:49

<PapaJon> yes.. very nice trade szu 15:50

<szubaark> thanks. 15:51

WIth that last SHort i was looking for covering, but Shorts were out of ammo so i went Long. 15:52

<codehead> that 5 min vegas earlier was good for 150+ points szu 16:06

wow

<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) 16:22

* DisconnectedSession Close: Thu Jun 15 16:51:50 2006 16:51

Trading Edge:
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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.

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ER2 EuroFX EC

+0.30 (-0.0008)

$30.00 ($100.00)

World Cup Soccer

I really didn't put much effort today into trading and spent the day watching World Cup Soccer and finishing up some critical work on the website.

Yet, I did notice that Oil was the main reason why the Emini Futures didn't lose any steam and the strong trend stayed intact from start to finish.

With that said...had I had any indication today would be a mega trend day I would have been more prepared to trade.

By the way, my favorite teams at the World Cup are Germany, England, Portugal and France.

Hopefully one of them can knock off Brazil and if you want to know which specific players I enjoy watching...click here.

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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