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#FuturesTrades June 22nd Friday 2007 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+29.70	+206.60	+1587.00
$2,970	$20,660	$158,700

click on image to view actual size

Current Performance Record

Trading Commodities & Financial Futures

Profit/Loss Statement

General Chat Room/Log Info: The above points along with profit/loss info represents trades by M.A. Perry (a.k.a. NihabaAshi) only and all trades were posted in realtime as shown in the below chat log.

Also, #FuturesTrades is free to any trader and I am the only trader in #FuturesTrades that represents TheStrategyLab.com

My main function in #FuturesTrades is to be the moderator and I use the chat room as more eyes on the markets to help prevent missing critical market info that have impact on my trades.

#FuturesTrades is not a signal calling chat room and all users are required to post at least one trade (real money or simulator) per day of use.

General Strategy Info: Although I'm not familiar with the trade methods used by most members of #FuturesTrades, I use a rule based (no subjectivity) methodology that involves WRB Analysis.

However, I use other key variables integrated with WRB Analysis that involves simple concepts of intermarket analysis, market seasonal tendencies, volatility analysis, support/resistance zones and position size management along with custom Japanese Candlestick patterns to complete my trading plan that results in consistent profits.

All of my trades and commentary for today's market action (posted below) are via the user name NihabaAshi (Japanese Candlestick term) and I exclusively trade the Russell 2000 Emini ER2 futures even though I closely monitor other key markets in the world.

To learn more about my methods, the links below will provide the info you need.

Trading Reports (fee-based content for traders that want access to our reliable/profitable strategies)

WRB Analysis Tutorials (free and fee-based content to help improve your own strategies)

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

Session Start: Fri Jun 22 08:48:12 2007Session Ident: #futurestrades

* Now talking in #futurestrades 08:48

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

#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) 09:13

* subq market profile charts for today 09:16

http://www.charthub.com/images/2007/06/2 2/er2_rth_mp.png

http://www.charthub.com/images/2007/06/2 2/es_rth_mp.png

http://www.charthub.com/images/2007/06/2 2/nq_rth_mp.png

http://www.charthub.com/images/2007/06/2 2/ym_rth_mp.png 09:17

<Papa_awaytoday> gm all 09:28

<pat255> gm all.. 09:29

<venedom> gm 09:30

<NihabaAshi> Shorts ER2 @ 844.60 -> large size 09:31

<eminitrader> Long ES @ 1528.50 09:33

<NihabaAshi> I got some easily recognizable WRB profit targets below.

The question is can ER2 get there.

<eminitrader> Exited 1/2 ES Long @ 1530 --> + 1.5 09:35

<Awash> good morning all 09:36

<venedom> GM

<eminitrader> Exited 1/3 ES Long @ 1531.50 --> + 3 09:37

<NihabaAshi> :(

Another +1 tick take out :(

<pat255> out of nowhere ..

<NihabaAshi> Covered all ER2 Short @ 844.50 --> + 0.1

* lesAway is now known as les 09:38

<NihabaAshi> Long ER2 @ 846.00 -> large size

<werner> gm all 09:39

<Awash> ES held it's first support level of 1528 area (all sessions LOD) 09:40

<NihabaAshi> Long ER2 @ 845.70 -> Add 09:41

<eminitrader> Exited Remainder ES Long @ 1530.50 --> + 2 09:43

<NihabaAshi> Exited all ER2 Long @ 844.50 --> - 2.7 09:44

<eminitrader> Long ES @ 1528.50

<RussellDaytrade> closed small short 09:45

<NihabaAshi> That's actually 844.20 for -3

Shorts ER2 @ 844.00 -> large size

<eminitrader> Exited all ES Long @ 1527.50 --> - 1 09:46

<NihabaAshi> Shorts ER2 @ 842.70 -> Add

Shorts ER2 @ 843.50 -> Add 09:48

<eminitrader> Long ES @ 1527.25 09:49

Exited 2/3 ES Long @ 1529.25 --> + 2 09:50

Long ES @ 1529.25 -> Add 09:56

Exited 1/2 ES Long @ 1530.75 --> + 1.5 09:59

<NihabaAshi> Market moving as if someone important is giving a "speech". 10:01

<eminitrader> Long ES @ 1529 -> Add

<NihabaAshi> Geeesh.

<neo> Shorts ES @ 1529.25 «« paper »» 10:02

<NihabaAshi> Something is going on...look at the volatility for that last 15 seconds.

<RussellDaytrade> scalpers delight this am

WRB Analysis

Learn More

<eminitrader> :))

Exited all ES Long @ 1528 --> - 0.25

<Awash> Russell Rebalance today? possible

<RussellDaytrade> thats twice I closed a short, and then an instant later it drops another .7 or more 10:03

<eminitrader> thats -0.5 on avg

<NihabaAshi> Russell Rebalancing is Today ???

<pat255> these moves are sudden ..

<NihabaAshi> I hope not but if so...it explains the sudden price changes. 10:04

<eminitrader> Long ES @ 1527.50

<Awash> LH on ES, no retest of opening high, possible retest of opening lows

<les> looks likely 10:05

<neo> Covered all ES Short @ 1526.25 --> + 3 «« paper »» 10:08

<eminitrader> Long ES @ 1526.50 -> Add 10:09

<NihabaAshi> Covered 1/4 ER2 Short @ 842.20 --> + 1.3 10:11

I better take that WRB pt level eventhogh its not my target for this trade. 10:12

<eminitrader> came 1 tick of my stop ...

<pat255> good patience niha ...

<NihabaAshi> Russell is too choppy to try to catch a big trade.

I'm still waiting on my private news source to email me about the Russell Rebalancing schedule.

<les> Shorts ER2 @ 841.8 «« paper »»

<NihabaAshi> If its today...I'll dramatically drop my overall position size. 10:13

<eminitrader> Long ES @ 1526 -> Add

<NihabaAshi> Covered 1/4 ER2 Short @ 842.40 --> + 1.6

<pat255> em i like this 1 pt stop .. 10:14

<RussellDaytrade> signing off for webinar, cu later

<NihabaAshi> That's incorrect...its suppose to have shown +0.3 on that 1/4 and not +1.6

<eminitrader> lets see if it will hold pat 10:15

<Awash> E, do you notice buying interest at lows?

seems as every tick up, gets sold 10:16

<jperl> quote from Cramer.....

<eminitrader> Exited 1/3 ES Long @ 1527.50 --> + 1.5

<jperl> On June 22, the Russell 2000 will be reconstituted, and all companies that don't meet the criteria will be "purged and replaced,"

<eminitrader> no thats a b/e on the 1st lot 10:17

<NihabaAshi> Covered all ER2 Short @ 843.40 --> + 0.6

<jperl> So today is rebalance day

<NihabaAshi> Long ER2 @ 843.80 -> large size

<eminitrader> now holding 7 ...will hold 5 for possible gap fill

<NihabaAshi> jperl...looks like. 10:18

That changes my entire trading plan until the volatility drops.

No WRB targets for me...just quick trades.

http://indexuniverse.com/index.php?optio n=com_content&view=article&id=2839&Itemi d=28&issue= 10:19

Exited all ER2 Long @ 844.30 --> + 0.5 10:20

<eminitrader> hi A based on the selling so far the ES shld have been @ 1520 by now...haevy selling yes...but looks like there is a bid under 1526 thats holding it...looks like so far it failed on the test of low...so next move is test of high ...and with the gap to be filled i.m bullish for today 10:21

<NihabaAshi> Would have been "NICE" to know that before I started trading today.

I remember seeing forum messages at different forums the last few days but "NOBODY" knew the date for such :(

As I said a million times before... 10:22

If we can know when these "key Market Events" will occur...

<eminitrader> unless it comes back and breks the low..then i will turn bearish for the am session

<NihabaAshi> It helps to be better prepared to trade.

<Awash> k

<eminitrader> Exited ES Long @ 1528 --> + 0.5 10:23

holding 5 with stop @ b/e

exit stop moved to breakeven ES @ 1526

<NihabaAshi> Shorts ER2 @ 843.30 -> large size 10:25

<venedom> Shorts ER2 @ 842.70 10:28

<eminitrader> Exited Remainder ES Long @ 1526 --> - 1.5 10:29

<Awash> another lower high on ES, failed to retest 9:00am reaction high

<eminitrader> :(

<Awash> possible bearish sign

<eminitrader> now i'm bearish

<les> Covered 1/3 ER2 Short @ 840.8 --> + 1 «« paper »» 10:30

<NihabaAshi> Covered all ER2 Short @ 840.90 --> + 2.4

I'm back in the profit level nicely...

<pat255> vn ...:)

<NihabaAshi> Now I can take a deep breadth and lower my overall position size some more.

<venedom> Shorts ER2 @ 840.70 -> Add 10:31

<NihabaAshi> Another incredible bounce.

Also, so far today, ER2 has responded very nicely to those Hammer like bounces. 10:32

Just a hint.

<Awash> i have support at 1524.50 area from YARL

<NihabaAshi> Long ER2 @ 841.50 -> medium size

<Awash> some volume rolling in 10:33

<NihabaAshi> Exited all ER2 Long @ 841.70 --> + 0.2 10:34

It got crazy again and I got no fill at 842.00

:(

I dont know about you guys but it's starting to feel like I'm in a "street fight"... 10:37

Anything goes.

<les> looks same to me niha...

ugly bastids havin a go at the bottom

<pat255> yes niha may rut rebalance it is crazy..

<NihabaAshi> Long ER2 @ 842.40 -> medium size

<Brutus> Im looking for ES gap fill 10:38

<NihabaAshi> I'm throwing punches at "anything" that gets near me.

:( 10:39

<les> this pullback and the last one did not have enough vol to supprt reversal

<NihabaAshi> Looking to dump this trade...it hit its target and that makes my entry a "chaser"

<les> so until then i stay short :)

bbiam

<Littman> 1527.50 is a good price to go long 10:40

<NihabaAshi> Exited all ER2 Long @ 842.30 --> - 0.1

<ItalianSharp> les, how much volume would you like to see?

<les> bk 10:43

<eminitrader> Shorts ES @ 1527.75

20

<les> IS - not just higher volime, but also whether the greater volumes are with buyers or sellers 10:44

so far its been roughly equal, but very few intervals it leans more to sellers 10:45

<ItalianSharp> les, don't you think things are balancing out right now?

<les> i mean...

every few intervals

yes, but slight sell bias 10:46

<ItalianSharp> ok

thanks for clarifying

<les> also... 10:47

<Awash> Long ES @ 1528.75

<les> its gone north twice to test the congestion area and failed to break it so far

<eminitrader> Covered 1/2 ES Short @ 1527.75 --> 0 10:50

Shorts ES @ 1529 -> Add 10:53

holding 20 again

<Brutus> What a prick that ER :) 10:54

<les> Shorts ER2 @ 843.5 -> Add «« paper »»

<eminitrader> now i'm on at a low risk price ..

<les> hey em - thx for reminding me to add :))

<szubaark> hehe les 10:55

<eminitrader> urw les

<Awash> Exited all ES Long @ 1528 --> - 0.75 10:57

<NihabaAshi> Shorts ER2 @ 842.90 -> medium size 10:59

<les> Covered 1/3 ER2 Short @ 842.1 --> + 1.4 «« paper »» 11:01

<eminitrader> Covered 1/2 ES Short @ 1526.50 --> + 2.5 11:02

holding 10

<szubaark> nice emini

<eminitrader> thx szu..

thats 2 pts ..avg sell is 1528.50

<les> nice stuf em 11:03

<eminitrader> thx les...was hoping to end the wk on a kicker :)) 11:04

<les> hope it tests the lod at least once

<NihabaAshi> Covered all ER2 Short @ 841.80 --> + 1.1

<eminitrader> shld see new lows..les on the ES 11:05

<NihabaAshi> After a rough start in my trading...looks like today will be my biggest profitable day of the week :)

<les> we got huge hammer on both es and er2, so may act as support

2min chart

<NihabaAshi> However, the Russell Rebalancing volatity was a little spooky...

<ItalianSharp> wow niha, and today is the 2nd worst day after monday 11:06

<NihabaAshi> Mainly because I didn't know what the heck was going on.

<eminitrader> well if it gets back and takes out 1529.75 then i wld say trend has changed ...but till then a high probability of new lows

<les> em - why ru so convinced about new lows?

ah, ok - the trend? 11:07

<eminitrader> cause mrkt flow is now bearish :)

<les> yep, agree

<Awash> good commentary guys 11:08

<les> this might test higher 11:09

<eminitrader> Covered 1/4 ES Short @ 1527.50 --> + 0.25

holding 5 with stop @ b/e

<Awash> les, possibly as support is still intact

we'll see soon 11:10

<les> yep

<eminitrader> exit stop moved to breakeven ES @ 1528.50

<Brutus> 5min IHS ???

<eminitrader> ihs ? 11:12

<Awash> inverse Head & Shoulders 11:13

<Brutus> iverse head & shoulders

<eminitrader> k thx A

<Awash> lots of abbreviations here

<eminitrader> not too aware of the abbrs...just stick to my mrkt flow :)) 11:14

Covered Remainder ES Short @ 1528.50 --> - 0.75

with that i.m done for the day and the week ...good trading all...will just watch 11:16

<Brutus> EM if you dont watch volume - you said order flow is from the 3 min chart? Price action? or are you watcing the tape ? 11:17

<Awash_afk> Exited all ES Long @ 1527 --> - 1.25

<eminitrader> yes B ..i dont watch volume ..but use the tape...

only to fine tune my entries and exits

<les> one day when i grow up i gonna learn those

Covered 1/3 ER2 Short @ 842 --> - 0.2 «« paper »»

hmmm.script is screwy

thats shoulad been +.40

<Brutus> OK thx e 11:18

<les> Covered Remainder ER2 Short @ 841.3 --> + 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) 11:19

<Brutus> Shorts ER2 @ 841 «« testing »» 11:20

Covered all ER2 Short @ 841 --> 0 «« testing »»

<les> EM - u into tape reading? 11:23

* Awash_afk is now known as Awash

<Brutus> Third U.S. carrier steams towards Persian Gulf-Debka.com - According to Debka's military sources, the USS Enterprise, the U.S. Navy's largest air carrier, will join the USS Stennis and the USS Nimitz carriers, creating the largest sea, air, marine concentration the U.S. has ever deployed opposite Iran. [Reference Link]:[http://www.debka.com/] 11:24

maybe why crude is up lately

<les> well...

crude's the right word there

<pat255> my feel is Iran cud not care less as US bogged down in Iraq ..& they know it .. 11:25

plus US dont understand the mentaity of arab world .. 11:26

they cud lose enless # of people & wont care ..whereas US cant..

<ItalianSharp> les, have you ever tried tape reading? or studied it? since you are into market delta, i am allowed to think tape reading may be something for you 11:27

* Littman is now known as Litt

<les> its not got much similarity

but i did read humphrey neill's book a few years ago

fascinating stuff

<ItalianSharp> yep 11:28

<les> complete dscription of th '29 crash

tape reading is more about price movement than volume i think

not sure.. just my impression 11:29

breaktime now for me

back later

* les is now known as lesAway 11:30

<jperl> ER2 approaching VWAP 843.36 11:31

I'm done for the morning...

<pat255> S looks better here ..?er 11:32

<jperl> trades here.... 11:33

http://charts.dacharts.com/2007-06-22/JP ERL_0114.png

<Awash> Long ES @ 1529.25 11:34

<ItalianSharp> les, i think all volume goes thru the tape...tape reading is just volume coming in really fast 11:35

<eminitrader> uptrend still not confirmed res upto 1531

<Awash> i may be getting slashed in this narrow range 11:38

Exited all ES Long @ 1527.50 --> - 1.75 11:42

<lesAway> Long ER2 @ 842.2 «« paper »» 11:44

back later to post exits

<RussellDaytrade> great day for trading, no matter waht you do, they pay you. 11:45

<Awash> Shorts ES @ 1526 11:47

<NihabaAshi> Long ER2 @ 840.10 -> small size 11:51

1 contract only 11:52

Exited ER2 Long @ 840.70 --> + 0.6 11:53

<Awash> Covered all ES Short @ 1526.25 --> - 0.25 11:54

i'm done,

<NihabaAshi> intuition trade

<Awash> i can't squeeze a win, 4 losses back to back

<NihabaAshi> Yesterday I had 4 losses in a roll in the late afternoon trading session. 11:55

<venedom> Covered all ER2 Short @ 841 --> + 1.4 11:56

<RussellDaytrade> boy I like those

gonna get spoiled

closed longs

<lesAway> ouch

Exited ER2 Long @ 840 --> - 2.2 «« paper »»

Reverse and Enter Short ER2 @ 840 «« paper »»

thats wrong too

entry erro

error

Long ER2 @ 840.7 «« paper »» 11:57

Exited 1/2 ER2 Long @ 841.8 --> + 1.1 «« paper »» 11:59

<Awash> Shorts ES @ 1526 12:10

<lesAway> Exited all ER2 Long @ 840.7 --> 0 «« paper »» 12:18

Shorts ER2 @ 840.4 «« paper »»

<Awash> exit stop lowered ES @ 1525.50 12:19

will bank points soon

<lesAway> Covered 1/3 ER2 Short @ 838.4 --> + 2 «« paper »» 12:20

<Awash> Covered all ES Short @ 1522.25 --> + 3.75 12:21

thank good I didn't give up 12:22

god

i almost gave up today

<lesAway> Covered 1/3 ER2 Short @ 837.2 --> + 3.2 «« paper »»

<jperl> ER2 2 month VWAP @ 836.41 12:23

<lesAway> exit stop lowered ER2 @ 838.8 «« paper »» 12:24

Covered Remainder ER2 Short @ 837.5 --> + 2.9 «« paper »» 12:25

<jperl> ER2 breathing hard on that 2 month VWAP 12:27

<Awash> ES at its PDL

watching for pullback entry

<pat255> pdl? 12:28

<Awash> Prior day low 12:29

this is tanking bad

<pat255> ty 12:30

<NihabaAshi> That nice drops tells me things are finally clearing out or back to normal sort'uv speak. 12:31

<Awash> what do you mean, Niha?

this is my first full week of trading ES

<NihabaAshi> All this morning the price action was about the "Russell Rebalancing".

I think now we are back to normal market movement. 12:32

<Awash> oh

<NihabaAshi> In other words, I'm no longer thinking about the Russell Rebalancing... 12:33

Back to my trading plan.

<venedom> you r thinking short short short

<RussellDaytrade> amazing, the day is only half ways thru, thats three days woth of action already 12:37

<NihabaAshi> :) 12:41

Sometimes the best trading days are also the "chaotic" trading days. 12:42

* lesAway is now known as les

<venedom> time for lunch here c u later or monday have a noce weekend you all 12:44

<Awash> later

<NihabaAshi> After yesterday's afternoon problems... 12:45

Today I will trade through lunch because I want to trade the late afternoon trading session.

<Awash> k 12:46

looks like it's just you an me this afternoon

switching back to US markets from Asia, is difficult

ES makes good moves but it's difficult to trade for me

<NihabaAshi> :) 12:47

Awash, the way things are going...we may be the only retail traders willing to trade.

<RussellDaytrade> I'm up 2000 so far 12:48

<Awash> Shorts ES @ 1519.75

nice RD 12:49

<Brutus> Awash are you doing real or sim trades ? 12:50

<Awash> LIVE

<Brutus> Good how many contracts typ ? 12:51

<Awash> 1 -2

usually one

<RussellDaytrade> thx AW, got a little hairy there on that downdraft, not toomuch shorting today, thats where the best moves have occured, the bulk of that is on long trades, and thankfully, today, I took profits rapidly when they were to be had. :)

<Awash> good deal

<RussellDaytrade> back to the salt mines 12:52

<Awash> RD, i normally trade mini Nikkei 225 on Osaka in the evenings

but this is my first week trading ES

<RussellDaytrade> unusually volatile today, after today. a less volatoile day will seem downright sleepy 12:53

<Awash> i wrote two things in my journal premarket, and I post them here 12:54

the things that will happen today

1. Set new highs above 1537 and probably retest Wed HOD 12:55

2. Break down slowly and retest PDL & set new lows

the latter happened first

<NihabaAshi> Long ER2 @ 836.20 -> small size

3 contracts

Exited 2/3 ER2 Long @ 836.90 --> + 0.7 12:56

<Awash> i was actually expecting a volatile day after Wed down draft 12:58

<NihabaAshi> Exited Remainder ER2 Long @ 837.40 --> + 1.2 13:00

Reposting...

Exited Remainder ER2 Long @ 836.40 --> + 0.2

<Awash> Covered all ES Short @ 1518 --> + 1.75 13:01

<NihabaAshi> ER2 within the price range of May 13th Wednesday

<Awash> i need a quick lunch break 13:05

be back in a bit

* Awash is now known as Awash_lunch

<werner> back 13:09

<pat255> niha ..a Q when the mkt is down like this u dont S the move back up? 13:17

<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) 13:22

<NihabaAshi> [13:17] <pat255> niha ..a Q when the mkt is down like this u dont S the move back up? 13:23

Yes...I do it often when I'm around to trade. 13:24

However, I need either a pattern signal or intution tradse to do such.

It needs to get to get a little above 840.00 before I'll consider any type of Short position again. 13:25

Long ER2 @ 839.30 -> small size 13:26

I have an initial profit target of 840.00

Exited 2/3 ER2 Long @ 840.30 --> + 1 13:27

Exited Remainder ER2 Long @ 840.00 --> + 0.7 13:28

<pat255> thks niha ...

nice tarde ..

<NihabaAshi> I'm just waiting here now for any signs of a bearish price action. 13:29

<pat255> wow furious move .. 13:30

<NihabaAshi> Stacking up so far to be a great trading day.

<pat255> vn

<Brutus> Bear Stearns-BSC to take $3.2B in loans to halt seizure of hedge fund-Bloomberg - The firm is taking efforts to salvage one of its money-losing hedge funds - one of two that made bad calls on "collateralized-debt obligations." While increasing the risk to Bear, the firm could prevent a fire sale if it assumes the fund's loans. JP Morgan and Lehman Brothers indicated they may also take over collateral for loans they pro 13:37

<pat255> i tell u the crooks on wall st.. 13:39

<Brutus> China not looking good http://chinaindex.dowjones.com/eng/djchi na_sh.htm 13:41

<NihabaAshi> Long ER2 @ 840.90 -> small size

<Brutus> NExt week could be ugly

<NihabaAshi> I had a chance to steal a great entry at 840.50 13:42

:(

Exited ER2 Long @ 839.60 --> - 1.3 13:44

Reverse and Enter Short ER2 @ 839.60

Shorts ER2 @ 839.20 -> Add

This is a very tough S/R Zone. 13:48

I won't do another position reversal in it.

Too much of a fight going on within it right now (too choppy).

Shorts ER2 @ 840.50 -> Add 13:50

<jperl> I've had enough for today....

P/L statement here....

http://charts.dacharts.com/2007-06-22/JP ERL_0115.png 13:51

There is some profit in there somewhere....

and my broker is thanking me too

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Trading Strategies -> These strategies, from entry to exit, will exploit inefficiencies in the price action of your trading instrument for profits in the following trading instruments via WRB Analysis: 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), Forex Currencies (EurUsd, EurYen, UsdCdn), Exchange Traded Funds (DIA, GLD, OIH, IWM, QQQQ, SPY, XLE) and Hang Seng Index Futures (HSI)

<NihabaAshi> Covered ER2 Short @ 839.90 --> + 0.3 13:55

Still holding 3 contracts not from a good price area...below the S/R Zone :(

Covered Remainder ER2 Short @ 839.10 --> + 0.5 14:01

Lucky exit on those remainders considering my Short entry was poor even though at the time of the entry is "seemed" good :) 14:02

Had my WRB s/r zone ready to go and I botched it up :(

<pat255> felt S were risky but botched the L side ...sigh 14:04

<RussellDaytrade> retest, or are we gunning for the lows? 14:25

I'm looking forward to a 'regular' day! 14:26

<Brutus> Vix above 16 14:28

<RussellDaytrade> we're going for a strong close in here 14:30

Niha, you stil there? 14:40

<Fleneer> ES 1 mintrend is up, yes. need break 21.75 for higher high. 14:51

yep. broke it. watch the retrace for entry.

oops. wrong window.... Friday afternoon.... 14:52

<pat255> u all later ty 15:11

<NihabaAshi> Take care all and I'm calling it quits for the day to start my weekend early. 15:12

<pat255> later niha 15:13

* NihabaAshi is now known as NihabaAshi_away

<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

<venedom> a 15:32

Shorts ER2 @ 840 15:38

Covered all ER2 Short @ 839 --> + 1 15:39

c u all monday have a nice weekend 15:40

<werner> gn all 16:03

<RussellDaytrade> the best move of the day, all in the sapn of a minute or two 16:05

* Fleneer is now known as Flensaway 16:16

* DisconnectedSession Close: Fri Jun 22 17:45:41 2007 17:45

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