#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 16th Friday 2006 Trade Log

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

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

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

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

Also, you should read NihabaAshi's trading blog like comments (posted below after the trade posts 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:
Santana

Today I listen to Carlos Santana 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: Fri Jun 16 09:35:05 2006Session Ident: #futurestrades

* Now talking in #futurestrades 09:35

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

<Awash> good morning all

<szubaark> Shorts YM @ 11079

<jason314> hello

i'm long QM from 69.35 09:36

<les> Shorts ER2 @ 703.2 «« paper »» 09:38

<NihabaAshi> Long ER2 @ 703.70 -> small size 09:40

1 contract only

<les> Covered all ER2 Short @ 704 --> - 0.8 «« paper »» 09:42

<szubaark> 9:45 Consumer Sentiment 09:44

<NihabaAshi> Exited ER2 Long @ 703.40 --> - 0.3

Reverse and Enter Short ER2 @ 703.40

<szubaark> exit stop set YM @ 11100 09:45

<NihabaAshi> Covered ER2 Short @ 702.80 --> + 0.6 09:46

Got caught tightning up my stop "too early: :( 09:47

<les> Shorts ER2 @ 702.2 «« paper »»

Covered all ER2 Short @ 703.1 --> - 0.9 «« paper »» 09:49

<szubaark> Covered all YM Short @ 11099 --> - 20

Long YM @ 11099

<NihabaAshi> Long ES @ 1266.00 -> small size 09:50

Exited 2/3 ES Long @ 1267.25 --> + 1.25 09:51

<aym> short er2 @ 706 risk 2 09:53

<NihabaAshi> Exited Remainder ES Long @ 1266.00 --> 0 09:54

<aym> cover er2 @ 704.8

<les> Shorts ER2 @ 704.9 «« paper »» 09:55

Covered all ER2 Short @ 704.9 --> 0 «« paper »»

trade error

<NihabaAshi> Shorts NQ @ 1587.00 -> small size 09:56

<les> Shorts ER2 @ 704.1 «« paper »»

<NihabaAshi> Shorts NQ @ 1590.25 -> Add 09:58

Shorts NQ @ 1590.00 -> Add 09:59

<Awash> Shorts ES or YM @ 11098 «« paper »» 10:01

<les> Covered 1/3 ER2 Short @ 703.9 --> + 0.2 «« paper »» 10:04

<NihabaAshi> Covered 1/3 NQ Short @ 1586.75 --> + 3.25

Covered 1/3 NQ Short @ 1586.25 --> + 4.00 10:05

<les> Covered 1/3 ER2 Short @ 703 --> + 1.1 «« paper »»

exit stop lowered ER2 @ 704 «« paper »» 10:06

<les> exit stop lowered ER2 @ 702.9 «« paper »» 10:07

<pdays> Long ER2 @ 702.5 «« paper »»

<NihabaAshi> I still have a remainder from 1587.00

<les> Trailing Stop Hit ER2 @ 702.9 --> + 1.2 «« paper »»

<pdays> Exited all ER2 Long @ 703.0 --> + 0.5 «« paper »»

<NihabaAshi> Covered Remainder NQ Short @ 1585.50 --> + 1.5 10:09

I may call it quits here and walk away because "USUALLY" I don't trade well on Quadruple Witching Day in the market. 10:10

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.

<mispe> Shorts YM @ 11094

<les> Shorts ER2 @ 701.2 «« paper »»

<mispe> Covered 1/2 YM Short @ 11087 --> + 7 10:11

<les> Covered 1/3 ER2 Short @ 700.7k --> + 701.2 - 700.7k «« paper »»

??

<mispe> Covered Remainder YM Short @ 11093 --> + 1

<les> ignore that

typo of some kind 10:12

<szubaark> Exited all YM Long @ 11080 --> - 19

Shorts YM @ 11079

<les> Covered 1/3 ER2 Short @ 700.7 --> + 0.5 «« paper »»

<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) 10:13

<Awash> exit stop lowered ES or YM @ 11098 «« paper »»

<les> exit stop moved to breakeven ER2 @ 701.2 «« paper »» 10:15

Trailing Stop Hit ER2 @ 701.2 --> 0 «« paper »» 10:17

Shorts ER2 @ 700.9 «« paper »» 10:18

Covered 1/3 ER2 Short @ 700.4 --> + 0.5 «« paper »»

<Awash> Covered all ES or YM Short @ 11078 --> + 20 «« paper »»

<les> Covered 1/3 ER2 Short @ 699.9 --> + 1 «« paper »» 10:19

exit stop lowered ER2 @ 700.8 «« paper »»

exit stop lowered ER2 @ 700 «« paper »» 10:21

Shorts ER2 @ 698.9 -> Add «« paper »» 10:28

<szubaark> exit stop set YM @ 11100 10:31

<les> exit stop lowered ER2 @ 699 «« paper »»

Covered Remainder ER2 Short @ 698.2 --> + 3.4 «« paper »» 10:32

<codehead> long ER 698.0 <paper> 10:33

stop 698.30 <paper> 10:34

exit ER 698.40 <paper> + .40 10:35

actually getting a trend line break here--now it's going 10:36

that's the signal i was looking at

<szubaark> code CCI below zero since opening 10:38

<codehead> yeah, was just trying the htlb

all my real trades have been short Ym

no losers, but tiny tiners

winners

Sponsor:
Traders Accounting
As traders we must treat our trading like a business if we are to succeed as traders and as a business. Therefore, waiting till the last few weeks March to prepare for April's taxes is not good for your trading and could put extra stress on your trading during tax month or the months that follow if your one of those traders that filed an extension.. Therefore, its best to be on top of your taxes throughout the year and Traders Accounting is a great resource for such especially if you want to prevent penalties or an audit several years from now.

<szubaark> Covered all YM Short @ 11099 --> - 20 10:39

<codehead> that ER was good for 2 so far

<szubaark> Long YM @ 11097

<codehead> ER now giving another down signal 10:42

needs to famir for up 10:45

<szubaark> Exited all YM Long @ 11079 --> - 18

Shorts YM @ 11078 10:46

<les> Shorts ER2 @ 697.2 «« paper »»

<substanz> Shorts YM @ 11077 «« paper »»

<les> Covered 1/3 ER2 Short @ 696.7 --> + 0.5 «« paper »»

<codehead> expiry day--sometimes we swing both ways, so don't assume trend all day, protect profits 10:47

logn ER 696.20 <paper> 10:48

<les> Covered 1/3 ER2 Short @ 693.3 --> + 3.9 «« paper »»

<szubaark> ive seen some OEX Option guys loading up on Calls, so we probobly going down

<les> wrong

Covered 1/3 ER2 Short @ 696.3 --> + 0.9 «« paper »»

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.

<codehead> stop 695.60

stop 695.50 10:49

<les> exit stop lowered ER2 @ 697.1 «« paper »»

<codehead> exit 695.50--was starting to type bailed -.2, but a hard downtick beat me to it 10:50

so the stop

hitting a little support here--i jumped the gun on it 10:51

<les> Covered Remainder ER2 Short @ 696.3 --> + 0.9 «« paper »» 10:52

Shorts ER2 @ 695.4 «« paper »» 10:56

<jason314> yech, out QM at 69.15 11:00

<substanz> Covered all YM Short @ 11088 --> - 11 «« paper »» 11:01

<szubaark> Covered all YM Short @ 11091 --> - 13

Long YM @ 11091

<les> Covered ER2 Short @ 697.3 --> - 1.9 «« paper »» 11:02

Reverse and Enter Long ER2 @ 697.3 «« paper »»

Exited 1/3 ER2 Long @ 697.8 --> + 0.5 «« paper »» 11:05

Exited 1/3 ER2 Long @ 698.6 --> + 1.3 «« paper »»

exit stop moved to breakeven ER2 @ 697.3 «« paper »» 11:06

<substanz> Shorts YM @ 11096 «« paper »» 11:08

<les> exit stop raised ER2 @ 698.5 «« paper »»

<substanz> Covered all YM Short @ 11091 --> + 5 «« paper »» 11:10

<les> Long ER2 @ 699.5 -> Add «« paper »» 11:13

Exited Remainder ER2 Long @ 698.5 --> + 0.2 «« paper »» 11:15

<szubaark> exit stop set YM @ 11070 11:20

<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) 11:22

<Awash> Shorts ES or YM @ 11073 «« paper »» 11:25

<szubaark> Exited all YM Long @ 11070 --> - 21 11:27

:((

* szubaark is now known as szubaark_away 11:29

<substanz> Shorts YM @ 11068 «« paper »»

<szubaark_away> Note to myself again "DO NOT TRADE OPTION EXPIRATION FRIDAYS!" 11:30

its bad for my account.

<codehead> yep 11:33

<substanz> yes bad price action.. 11:36

<Awash> Covered all ES or YM Short @ 11074 --> - 1 «« paper »»

<codehead> max pain on QQQQ is 39, fwiw, for options expiry today 11:39

trading 38.36

QM vegas 11:42

up signal

<substanz> Covered all YM Short @ 11087 --> - 19 «« paper »» 11:45

<codehead> that number can't be right 11:46

11094 the high here

oh sorry, read it wrong 11:47

not enough sleep

<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

<NihabaAshi> #FuturesTrades Purpose -> No gurus here, no signal calling by a head trader and no intentions to educate. This room is being used as a realtime trade journal of trades (real money or simulator) and discussions. Do not mimic (shadow) the trades by others without their consent nor without private realtime consultation during such trades as stated at http://www.thestrategylab.com/FuturesTra desChatRoom.htm 12:47

Long ER2 @ 697.70 -> small size 12:55

2 contracts only...I'm in profit protection mode of my earlier profits. 12:56

<jason314> long QM again from 69.025 12:57

<NihabaAshi> Exited 1/2 ER2 Long @ 698.80 --> + 1.1 13:00

Exited Remainder ER2 Long @ 699.10 --> + 1.4 13:03

* szubaark_away is now known as szubaark 13:29

<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

<jason314> exit QM at 70.025 13:49

<codehead> nice 13:51

<jason314> thx 13:52

how has trading been going for everyone lately? I've been away for quite a bit

<codehead> ok for me, but mostly stock trades this week 13:53

<szubaark> it sucked for me.. got chopped up pretty bad today

<jason314> it looked like a pain to trade. i'm not following the indexes so closely right now, but i glance at the chart now and again

<szubaark> I was looking for more upside, then downside but it didnt go anywhere :(( 13:54

<codehead> dow pretty narrow today 13:55

ER more tradable today

<szubaark> yup..cant do crap in a Tight 20pt YM range 13:56

I was way too agrressive today, paid the price 13:57

<NihabaAshi> szu...try to remember that during a Quadruple Witching Expiration week that the stronger trends tends to NOT occur on the Friday (today) of the Quadruple Withching. 14:11

Simply, today is the worst day of the week to be aggressive or to be increasing the position size.

<szubaark> Thanks Niha. You live and learn. 14:15

Long YM @ 11106 14:17

see some Volatility pick up 14:18

LOL..out of frikin nowhere

<substanz> Long YM @ 11098 «« paper »» 14:31

<szubaark> Exited all YM Long @ 11090 --> - 16 14:36

faked me out

<substanz> :( 14:37

<szubaark> not frikin touching this anymore. 14:49

<substanz> Exited all YM Long @ 11098 --> 0 «« paper »» 14:53

<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

<NihabaAshi> Reminder -> Today's #FuturesTrades chat room trade log with trading tip/market insight are posted @ http://www.thestrategylab.com/RecentTrad es.htm (logs will be updated tonight by 9pm est to current) 15:00

<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) 16:10

<NihabaAshi> Take care all and have a nice weekend. 16:24

<GoodMood> Marc

* DisconnectedSession Close: Fri Jun 16 16:29:27 2006 16:29

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

Books

Videos

DVD

VHS

PAL

Audio

Click Here

ER2 ES NQ

+2.80 +2.50 +8.75

$280.00 $125.00 $175.00

Quadruple Witching Expirations

First of all, quadruple witching expirations occurs on the third Friday of March, June, September and December.

Second of all, the best trading days (appearance of strong trends) will tend to occur several trading days before the witching Friday.

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

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.