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WRB Analysis
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| Session Start: Tue Jun 24 09:23:04 2008Session Ident: #futurestrades |
* Now | talking in #futurestrades | 09:23 |
<@X> | [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm |
<werner> | werner hoe gaat het | 09:24 |
<+tzar> | gm NihabaAshi |
<+werner> | no german here:) |
| gm niha |
<PapaJon> | gm all |
<Mauro> | gm |
<+tzar> | werner i got no clue what you said |
<anglo> | gm |
<+tzar> | ... i found a website with simple translations :) | 09:25 |
<+werner> | i dont live in germany |
<+tzar> | oh |
| but you do speak it dont you? |
<+werner> | nederlands |
| yes i littel |
<jsbach> | werner: is it true that holland does not tax futures traders? |
<+tzar> | what do you speak? |
<@NihabaAshi> | I think he speaks english :) |
<+werner> | nederlands |
| lol |
<+tzar> | :) |
<+werner> | yes jsbach | 09:26 |
* +jsbach | shorts NQ @ 1912 |
<+tzar> | NihabaAshi
i played with ninja trader.. you might like it as well, it has a revers
button, but not very easy to change # of contracts | 09:27 |
<drt> | gm everyone | 09:30 |
* +jsbach | exit NQ @ 1914 ---> -2 |
<+Mauro> | Shorts ER2 @ 716.4 | 09:31 |
<startrader> | Shorts NQ @ 1916.25 |
<+Mauro> | Covered 1/2 ER2 Short @ 715.4 --> + 1 | 09:32 |
<+jsbach> | NQ trying possibly completing 4th wave (60min) |
<+Mauro> | Covered Remainder ER2 Short @ 715 --> + 1.4 |
<ripsboy> | gm all... |
* +jsbach | short NQ 1915 |
<+jsbach> | gm ripsboy | 09:33 |
<@NihabaAshi> | Shorts ER2 @ 714.40 -> large size «« simulator Infinity AT »» | 09:38 |
<+Spartan_Away> | Shorts ES @ 1315 «« paper »» |
* Spartan_Away | is now known as Spartan |
<@NihabaAshi> | Covered all ER2 Short @ 713.60 --> + 0.8 «« simulator Infinity AT »» | 09:39 |
<szubaark> | Shorts ES @ 1515.50 «« paper »» | 09:40 |
<@NihabaAshi> | Shorts ER2 @ 712.90 -> large size «« simulator Infinity AT »» | 09:41 |
<+startrader> | Covered 1/2 NQ Short @ 1910 --> + 6.25 | 09:42 |
<Splurge> | gm |
<@NihabaAshi> | Covered all ER2 Short @ 712.80 --> + 0.1 «« simulator Infinity AT »» |
<+Spartan> | Covered all ES Short @ 1313.50 --> + 1.5 «« paper »» | 09:43 |
<+szubaark> | Covered all Short ES at 1313.50 --> + 202 «« paper »» |
<+Mauro> | nice trade startrader |
<+szubaark> | Covered all Short ES at 1515.50 --> 0 «« paper »» |
| Shorts ES @ 1313.50 «« paper »» | 09:44 |
| Shorts ES @ 1315.50 «« paper »» |
<@NihabaAshi> | Shorts ER2 @ 711.50 -> large size «« simulator Infinity AT »» |
<+szubaark> | Covered all Short ES at 1313.50 --> + 2 «« paper »» |
<+startrader> | Covered Remainder NQ Short @ 1911 --> + 5.25 | 09:45 |
| ty m. |
<pat255> | vn | 09:46 |
<+jsbach> | Short ER2 @ 711 |
<@NihabaAshi> | Covered all ER2 Short @ 710.70 --> + 0.8 «« simulator Infinity AT »» | 09:47 |
| Long ER2 @ 710.80 -> large size «« simulator Infinity AT »» | 09:48 |
<+Spartan> | Long ES @ 1311.50 «« paper »» |
| see if we get some short covering before news:) | 09:49 |
<+startrader> | Taking out the march 28 rth low convincingly, will look for ah low to hod to consider a db. | 09:51 |
<+Spartan> | Exited all ES Long @ 1309.75 --> - 1.75 «« paper »» | 09:52 |
| no covering:( |
<+szubaark> | Buys ES @ 1310 «« paper »» |
<+Spartan> | Long NQ @ 1908.75 «« paper »» | 09:53 |
<+pat255> | data in 5? | 09:55 |
<+startrader> | When
I was out at 6:00am this morning oil was at $138 and 2 gas stations
were lowering their prices $.10 to $3.90, consider that a short signal. |
<pdays> | Long ER2 @ 709.9 «« paper »» | 09:56 |
<+pdays> | Exited 1/3 ER2 Long @ 710.4 --> + 0.5 «« paper »» |
* subq | -=market profile charts for today=- http://www.charthub.com/chart/search/mpc hart | 09:57 |
<+Spartan> | Exited all NQ Long @ 1908.50 --> - 0.25 «« paper »» | 09:58 |
<@NihabaAshi> | Exited all ER2 Long @ 709.90 --> - 0.9 «« simulator Infinity AT »» |
<+pdays> | Long ER2 @ 709.4 -> Add «« paper »» |
| Exited 1/3 ER2 Long @ 710. --> + 0.6 «« paper »» | 09:59 |
| Exited Remainder ER2 Long @ 708.3 --> - 1.6 «« paper »» | 10:00 |
<+Mauro> | . | 10:04 |
<+Spartan> | Long NQ @ 1903 «« paper »» | 10:06 |
<+startrader> | Shorts NQ @ 1904 | 10:08 |
<@NihabaAshi> | Shorts ER2 @ 708.40 -> large size «« simulator Infinity AT »» | 10:10 |
| Covered all ER2 Short @ 709.20 --> - 0.8 «« simulator Infinity AT »» | 10:11 |
<+Spartan> | Exited all NQ Long @ 1907 --> + 4 «« paper »» |
<+startrader> | Shorts NQ @ 1907.50 |
<@NihabaAshi> | Long ER2 @ 709.90 -> large size «« simulator Infinity AT »» |
| Exited all ER2 Long @ 710.00 --> + 0.1 «« simulator Infinity AT »» | 10:13 |
| Shorts ER2 @ 709.50 -> large size «« simulator Infinity AT »» | 10:14 |
<+startrader> | Covered 1/2 NQ Short @ 1904 --> + 3.5 | 10:15 |
<@NihabaAshi> | Covered all ER2 Short @ 709.30 --> + 0.2 «« simulator Infinity AT »» | 10:16 |
<dragon310> | Shorts ER2 @ 709.80 | 10:18 |
<@NihabaAshi> | Shorts ER2 @ 709.20 -> large size «« simulator Infinity AT »» | 10:19 |
<+szubaark> | Exited all Long ES at 1308.25 --> - 1.75 «« paper »» |
| Shorts ES @ 1308.25 «« paper »» |
<@NihabaAshi> | Covered all ER2 Short @ 710.20 --> - 1 «« simulator Infinity AT »» |
* codehead_afk | is now known as codehead |
<+Spartan> | Shorts ES @ 1309 «« paper »» | 10:20 |
| stp 1311 brb |
<+tzar> | interesting, ES NQ and ER all near whole levels |
<@NihabaAshi> | Long ER2 @ 710.80 -> large size «« simulator Infinity AT »» |
| Exited all ER2 Long @ 710.20 --> - 0.6 «« simulator Infinity AT »» | 10:21 |
| Shorts ER2 @ 709.30 -> large size «« simulator Infinity AT »» | 10:22 |
<Trader> | Short ES 1309.5 Paper | 10:23 |
<@NihabaAshi> | I'm noticing a 2 - 4 tick slippage on market orders larger than 6 contracts |
<+PapaJon> | thats not cool |
<+tzar> | its sim though | 10:24 |
<@NihabaAshi> | Not every time it happens but most of the time. |
| Will take a break here soon to do some personal stuff... | 10:25 |
<+startrader> | Covered Remainder NQ Short @ 1903 --> + 4.5 |
<+tzar> | nice hold startrader |
<@NihabaAshi> | When I return will do some ES to see if the same slippage occurs in comparison to ER2 |
| I
notice the "Flatten" position button has a slight delay of 1 tick in
comparison to the "BUY MKT" or "SELL MKT" button that are instant. | 10:27 |
* Spartan | is now known as Spartan_Away | 10:28 |
<@NihabaAshi> | Covered all ER2 Short @ 710.10 --> - 0.8 «« simulator Infinity AT »» |
| volatility is low so small size should have no slippage... | 10:29 |
| will do a few random small size trades to see if that's true. |
| Shorts ER2 @ 708.10 -> small size «« simulator Infinity AT »» | 10:30 |
| Covered ER2 Short @ 708.80 --> - 0.7 «« simulator Infinity AT »» |
| same 2 - 4 tick slippage :( | 10:31 |
<+szubaark> | on ES? | 10:32 |
<@NihabaAshi> | Shorts ER2 @ 707.70 -> large size «« simulator Infinity AT »» |
<+tzar> | nq going down | 10:33 |
<+Spartan_Away> | Covered all ES Short @ 1309 --> 0 «« paper »» | 10:34 |
<@NihabaAshi> | Infinity's quotes are fast as anyone's else I've used that I consider to be fast | 10:35 |
| Covered all ER2 Short @ 707.10 --> + 0.6 «« simulator Infinity AT »» | 10:36 |
| Long ER2 @ 707.20 -> large size «« simulator Infinity AT »» |
| Exited all ER2 Long @ 707.60 --> + 0.4 «« simulator Infinity AT »» | 10:40 |
| Long ER2 @ 707.10 -> large size «« simulator Infinity AT »» | 10:42 |
<+tzar> | i wussed out and canceled my 1309.25 short, now im biting my elbows |
<@NihabaAshi> | excellent fills when going Long on downticks or Short on upticks :) | 10:43 |
| Be back later and will post a late trade result...got it on Auto trade management if it reaches 707.90 | 10:44 |
* NihabaAshi | is now known as NihabaAshi_away |
<+Trader> | cover es 1310.00 -.5 Paper | 10:48 |
<@X> | #FuturesTrades Info ->
No gurus, no head traders. Members use this room to document (trade
journal) their trades and thoughts from one trade to the next trade
because it provides critical information they can't get from broker
statements nor statistics. Also, mimicking the trades by others is not
recommended without their permission. More info at
www.thestrategylab.com/FuturesTradesChat Room.htm |
<+szubaark> | ES trying Hard to retrace some of the downmove |
<+startrader> | Shorts NQ @ 1903.50 | 10:49 |
<+codehead> | YM just hit .382 retrace at 11780 | 10:51 |
| 11799 next level to test |
| 11798 touched | 10:56 |
<+startrader> | Shorts NQ @ 1907.25 -> Add |
<+codehead> | .500 retrace of yesterday after noon high to today's low | 10:57 |
<+szubaark> | what a frikin ramp up | 11:00 |
| Short SQueeze |
<+codehead> | 11817 is .618 | 11:01 |
| hit 11815 |
<+pat255> | hi KN | 11:24 |
<KN-ES> | hi pat255 | 11:25 |
<+KN-ES> | how is ur day? |
<+pat255> | k ..so far ...1 trade .. |
| read your comments on forum ..thks .. |
<+KN-ES> | I
will post today trade shortly in the forum and then I am done posting
trades in the forum :).............two back to back trades in charts as
promised | 11:26 |
| todays |
<+pat255> | k,,, |
<+Trader> | short es 1320 paper |
<+KN-ES> | i have 1 contract open |
| just waiting to get out of this |
| :) |
| took 3 trades |
<+pat255> | vn | 11:27 |
<+KN-ES> | :) |
| it is a nice day |
<+pat255> | yr trade setup is on 1 min chart? | 11:28 |
<+KN-ES> | i dont use charts to get in |
| only to get out |
<+pat255> | kty |
<+KN-ES> | i posted 1 min charts coz thats the only chart i have open | 11:29 |
| all the time |
<+pat255> | & the vol u have on the DOM u use for entry? |
<+KN-ES> | yes |
<+pat255> | k... |
<+KN-ES> | you will find a pic in the forum | 11:30 |
| i posted a pic there |
<+pat255> | yes saw that ... |
<+KN-ES> | want the price to hit 14.75 |
| :) |
| thats my stop |
| trying to get out of the trade |
<+pat255> | S here? | 11:31 |
<+KN-ES> | yes |
| took out all the contracts, leaving one |
| was thinking of 27.25 |
<+Trader> | cover es 1318.5 +1.5 paper | 11:35 |
<+pat255> | Kn can i pm u? | 11:37 |
<+KN-ES> | sure |
| i m not trading, just waiting this price to hit my stop or my target | 11:38 |
| we need to break 23.75 | 11:46 |
| dont see anying from there to 27.25 |
<+anglo> | . | 12:12 |
<+KN-ES> | hi anglo | 12:13 |
<Widgetman> | what is your forum link again KN ? | 12:15 |
<+KN-ES> | let me get out of this trade, then i will post it here | 12:17 |
| i m still in the trade |
<+tzar> | Widgetman.. http://thestrategylab.com/forum/index.ph p?topic=363.msg859#msg859 | 12:19 |
<palmer2000> | what trade u in KN | 12:20 |
<+KN-ES> | long | 12:23 |
| from 12.50 | 12:24 |
| this 23.75 ..........will be borken. the only question is how long will it take | 12:25 |
<+pat255> | y.... | 12:26 |
<+KN-ES> | dont see any vol to take it down right now |
| well, its broken :) | 12:27 |
<+palmer2000> | sweet trading KN |
<+KN-ES> | now lets see if it can stand there |
<+anglo> | :>D ! | 12:28 |
<+KN-ES> | we should get a big bounce from 29.25 |
| unless there are new high vol get in |
<+Widgetman> | thx KN | 12:29 |
<+KN-ES> | target is 27.253 |
| just a tick shy.............. |
| come on |
| uw Widgetman |
<+Widgetman> | hide da short btn | 12:30 |
| hehe |
<+KN-ES> | :) |
<+Widgetman> | where do I see ya chart KN ? |
<+palmer2000> | get a bounce from 29.25? | 12:31 |
| what do you mean |
<+KN-ES> | i will get out at 27.25, then i will post |
<+palmer2000> | we are below |
<+KN-ES> | the chart in few min |
<+Widgetman> | k |
| was looking for old one |
| seems I had to log in first |
<+KN-ES> | we toucched 27.25 |
<+tzar> | did you get out kn? |
<+KN-ES> | but i need 27.50 to get out |
<+tzar> | no limit order? |
<+KN-ES> | nop it adds a tick | 12:32 |
| pice will have to go to 27.50 to get 27.25 executed |
| you know the spread |
<+tzar> | yep |
<+KN-ES> | 1 tick |
<+tzar> | market if touched? |
| order |
<+KN-ES> | i need to to get 27.25 |
| :) |
<+tzar> | thats discipline | 12:33 |
<+KN-ES> | if i have to wait i will wait |
<+tzar> | you wont sacrafice 1 tick ? |
<+KN-ES> | if i have to loose another 5 points i loose |
| but deal is deal, no change in the middle of the trade |
<+Trader> | why did you choose 27.25 as the target | 12:34 |
<+Widgetman> | 4/8 MM line is 1328 |
<+KN-ES> | well i m already up in this trade, i not considering negotiating anyting |
<+Widgetman> | I expecta tap |
<+KN-ES> | anthing | 12:35 |
| 27.75 is a storng res |
| so i m already 2 tick shy |
| well, in this sense, i will get out at 23.50 if it touched | 12:36 |
| and i dont really think we will touch 23.50 b4 touching 29.25 |
| I will post a 2 min chart toaday, since 1 min chart will be huge in length | 12:37 |
| 6-30 till now........its a long time | 12:38 |
<Andy> | Long NQ @ 1927.25 | 12:40 |
<+KN-ES> | gm Andy | 12:41 |
| gn........noon i guess |
<+Andy> | good afternoon |
<+KN-ES> | late? |
<+Andy> | Exited all NQ Long @ 1926.25 --> - 1 | 12:42 |
<+KN-ES> | nice |
<+Andy> | long bike ride this am |
<+KN-ES> | humm |
| i tough today is the semi final............... |
| thought |
| ordered pizza, drinks last evening..........changed all my schedule.........cancelled all my appointments | 12:43 |
| well, the match is tomorrow |
| now i m lost completely |
<+Andy> | and you have that pizza | 12:44 |
<+KN-ES> | not yet |
| it will be delivered at 3 |
| well, i am ready for tomorrow too, as i was planning for the 2nd semifinal | 12:45 |
| problem is day after tomorrow |
| that wasnt at all in my plan |
<+Andy> | Long NQ @ 1923.75 |
<+KN-ES> | so most likely i will not trade tomorrow, will finish the stuff in hand and definitely get back to tv by 2 | 12:46 |
| ofcourse with pizza and drinks :) |
<+Andy> | Exited 3/4 NQ Long @ 1924.75 --> + 1 |
<+palmer2000> | tomorrow is semis |
| ? |
<+KN-ES> | yes |
| germany vs turkey |
| i m still against germans :) | 12:47 |
| just a joke |
<+werner> | lol |
<+Andy> | Exited Remainder NQ Long @ 1924.25 --> + 0.5 |
<+KN-ES> | well, i will be on T's side |
| and on Russia's side in the other semi-final | 12:48 |
<lumenPharmer> | t got no strikers, gl |
<+KN-ES> | i know |
| 25 players injured |
| :) |
<+lumenPharmer> | yep |
<+KN-ES> | even though they deserve moral support |
| they are in the semi final after all |
| and they will have 2 players back in the final since all the suspension reagarding cards will be gone after semifinal | 12:49 |
| well, if they can make it till final :) |
| love to see underdog beat the pro | 12:50 |
| like russia did to netherland |
<+lumenPharmer> | sure, why not |
<+KN-ES> | what a match.........even that only game is good enough for the tournament |
<@X> | #FuturesTrades Info ->
No gurus, no head traders. Members use this room to document (trade
journal) their trades and thoughts from one trade to the next trade
because it provides critical information they can't get from broker
statements nor statistics. Also, mimicking the trades by others is not
recommended without their permission. More info at
www.thestrategylab.com/FuturesTradesChat Room.htm | 12:51 |
<+KN-ES> | well, price is not looking good for me :) |
| will hit 23.50 anytime |
| 1 tick shy | 12:54 |
| things are really bad now |
| out |
| let me post the chart...................in few min | 12:55 |
| brb |
<+Andy> | Long ES @ 1323.5 | 12:59 |
| Long ES @ 1323.25 -> Add | 13:01 |
| Exited 3/4 ES Long @ 1324.5 --> + 1.25 | 13:02 |
| Exited Remainder ES Long @ 1325 --> + 1.5 | 13:08 |
<+KN-ES> | http://thestrategylab.com/forum/index.ph p?topic=363.msg861#msg861 | 13:16 |
| the link to the chart |
<+pat255> | thks Kn .. | 13:21 |
| c u all later ...need to go out ty all | 13:22 |
<+KN-ES> | u welcome |
| bbl | 13:42 |
<+anglo> | didnt know KN used ninja. Is it good KN? |
<+KN-ES> | its good with IB | 13:43 |
| and TS |
<+anglo> | kewl |
<+KN-ES> | specially TS, ts's order entry sucks |
| and their matrix shows only the profit for the whole day, not for the current trade |
<+anglo> | i thought u had yr api for entry |
<+KN-ES> | yes i do | 13:44 |
| but to have the charts, i used NT and IB today and yesterday |
<+anglo> | ninja is open api too?. |
| i think i read somewhere it is |
<+KN-ES> | ninja is api |
<+anglo> | kewl | 13:45 |
<+KN-ES> | but for either one |
| it cannt generate trades for both |
| at the same time |
<+anglo> | kewl |
<+KN-ES> | we are loolking for 15.75 now, i guess :) |
| will have to go, will be back in few hours | 13:46 |
| good luck |
<+palmer2000> | which broker do you guys use? | 13:58 |
<+tzar> | infinity | 14:06 |
<+palmer2000> | infinity? | 14:08 |
<+tzar> | infinity futures broker |
<+palmer2000> | cool | 14:09 |
<+tzar> | kn come back! | 14:14 |
<+palmer2000> | any other good futures brokers out there | 14:18 |
<+tzar> | amp, TS, ib | 14:21 |
<+werner> | must go now ,good trading all | 14:28 |
<+tzar> | cya tomorrow werner |
<+werner> | yo |
<Fleneer> | futures brokers..... Interactive Brokers IB quite popular | 14:38 |
<@X> | #FuturesTrades Info ->
No gurus, no head traders. Members use this room to document (trade
journal) their trades and thoughts from one trade to the next trade
because it provides critical information they can't get from broker
statements nor statistics. Also, mimicking the trades by others is not
recommended without their permission. More info at
www.thestrategylab.com/FuturesTradesChat Room.htm | 14:57 |
<+tzar> | welcome Andy |
<Andy> | thx, tzar |
<+tzar> | how is your trading today |
<+Andy> | going fine...and you? | 14:58 |
<+tzar> | could be better :) | 14:59 |
| 2 trades, 1 good and one loser |
| got cought in a volotily spike |
<+codehead> | YM got within 1 tick of .500 retracement here ont he day | 15:15 |
* NihabaAshi_away | is now known as NihabaAshi |
<+codehead> | had been considering long there but need ot take off soon | 15:16 |
<+tzar> | wb NihabaAshi |
<@NihabaAshi> | [10:42] <@NihabaAshi> Long ER2 @ 707.10 -> large size «« simulator Infinity AT »» |
| [10:44]
<@NihabaAshi> Be back later and will post a late trade
result...got it on Auto trade management if it reaches 707.90 |
| It's a holiday here in Quebec and I just got back from a family outdoor party at a lake. | 15:17 |
<+tzar> | whats the holiday |
| and hows the weather there |
<@NihabaAshi> | Here's the bracket scale out of that trade I posted prior to leaving... |
| Exited 1/4 ER2 Long @ 710.50 --> + 3.4 «« simulator Infinity AT »» |
| Exited 1/4 ER2 Long @ 712.50 --> + 5.4 «« simulator Infinity AT »» | 15:18 |
| Exited 1/4 ER2 Long @ 714.50 --> + 7.4 «« simulator Infinity AT »» |
<ItalianSharp> | damn...too bad it wasnt real money |
<+ItalianSharp> | :( |
<@NihabaAshi> | Exited Remainder ER2 Long @ 716.50 --> + 9.4 «« simulator Infinity AT »» |
| ItalianSharp...strongly agree :( | 15:19 |
<+tzar> | jees |
<+ItalianSharp> | why do those trades always tend to happen when we use a demo??? |
| :) |
<+tzar> | cuase emotions dont play big role on demo |
<+ItalianSharp> | true | 15:20 |
| however, i dont think Niha has many emotional issues |
<+szubaark> | yup.. money=Emotions |
<+ItalianSharp> | i've seen him make those trades a few times |
| 4-5 times per year |
<+tzar> | thas a good payout | 15:21 |
<+szubaark> | yeah.. you dont see those big runners anymore, this markets too tight |
| Tick for Tick retracing |
| |
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Trading
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Strategies
used by NihabaAshi, from entry to exit, exploit inefficiencies in the price action
for profits of the following trading instruments via WRB Analysis and
Intermarket Analysis: Emini
Index Futures (EMD, ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex
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Energy Futures (CL, NG, HO, QM),
COMEX Metals Futures (GC), Forex Currencies (EurUsd, EurYen, UsdCdn), Exchange Traded Funds (DIA,
GLD, OIH, IWM, QQQQ, SPY, XLE) and
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| |
<@NihabaAshi> | ItalianSharp...before
I switched over to fast trades...those types of trades I use to get
about 1 - 2 times per week but I also traded less |
| That's the direction I'm going to go back to |
| More size and less trades | 15:22 |
<+szubaark> | WHAT made you switch to "fast trades"? |
<+ItalianSharp> | meaning...you are going to try to establish an intraday position trade early in the day? |
<@NihabaAshi> | Yes |
<+tzar> | on those types of trades, what kind of stop loss do you use? |
| 4 points? |
<@NihabaAshi> | Yep |
<+tzar> | same amount of contracts? | 15:23 |
| 1-9 ? |
<@NihabaAshi> | That' depends on the volatiliy |
<+tzar> | hmm |
<@NihabaAshi> | I'm expecting volatility to start rising big time towards the end of the summer |
<+tzar> | taking a 4 point loss on 9 contracts gotta hurt |
<@NihabaAshi> | When it does...I'll slowly began increasing my size. | 15:24 |
| tzar...the frame mind implies you shouldn't trade size. |
| I can trade 50 ER2 contracts and stay well within my money mangement |
<+tzar> | thats awesome |
<@NihabaAshi> | I just can't trade that in current low volatility conditions | 15:25 |
<+palmer2000> | tzar please- niba manages millions of his personal funds |
<@NihabaAshi> | Regardless...I'm not going to do something new...I'm going back to a prior trading style. |
<+tzar> | you should trade APPL... its always volotile | 15:26 |
<@NihabaAshi> | No stocks for day trading :) |
<+tzar> | how come? |
<@NihabaAshi> | should be obvious |
<+tzar> | im not following.. throw mea bone | 15:27 |
<@NihabaAshi> | Futures versus Stocks from a business point of view | 15:28 |
<+tzar> | hmm | 15:29 |
| wonder if NQ will test 1900 again |
<@NihabaAshi> | Go to any popular discussion forum and do a search on it... |
| "Futures versus Stocks" |
<+tzar> | i know its better on tax | 15:30 |
<@NihabaAshi> | Now your going in the right direction :) |
<+tzar> | but appl is always volotile:) | 15:33 |
| verry |
<@NihabaAshi> | From a trading point of view...sure and many others. |
| My reference for you is from a business point of view. |
| You
started going in the right direction with the TAX issue (business point
of view) but then went back to the trading point of view (volatility). | 15:34 |
<+codehead> | long YM 11808 <paper> |
| 5-tick stop | 15:35 |
<+tzar> | 5 ticks thats super tight |
<+codehead> | stop 11804 <paper> |
| well, it's having trouble breaking down 11805 |
| if it breaks that down, my long entries are lower | 15:36 |
<+tzar> | well im done for the day |
| im going to the lake with my friends |
| NihabaAshi how you liking AT so far? |
<+codehead> | can't get ups |
| stopped -4 YM <paper> | 15:37 |
<@NihabaAshi> | tzar...it's simple and fast but the few problems I see in the DEMO I keep hearing are not an issue in the live program |
<+tzar> | slippage ? - its totaly different on the live mode |
| i was hesitant as well, but i really like the live mode | 15:38 |
<@NihabaAshi> | slippage in the DEMO is horrible and not represented of live trading conditions |
<+codehead> | 11790 was .618 retracement |
<@NihabaAshi> | Shorts ER2 @ 709.70 -> large size «« simulator Infinity AT »» |
<+codehead> | i had a potential buy at 11778, got to 11782 so far |
<+tzar> | well im gone | 15:39 |
| cya all tomorrow |
<@NihabaAshi> | Doing a test of a possible trade error situation... | 15:40 |
| Put
the trade in first and then put in the auto trade management AFTER
entry instead of BEFORE entry to see if it will still work. |
| Doesn't work :( | 15:41 |
| Covered all ER2 Short @ 711.00 --> - 1.3 «« simulator Infinity AT »» | 15:44 |
| Now I know that I can't add the auto stuff after entry...must be inputed prior to entry. | 15:45 |
| Long ER2 @ 709.80 -> large size «« simulator Infinity AT »» | 15:48 |
| Exited all ER2 Long @ 708.80 --> - 1 «« simulator Infinity AT »» | 15:50 |
| Next...I need to determine how to do a Auto Reverse...will be my priority to learn tonight so I can try it tomorrow. | 15:51 |
| Most
of these -1 point trades I usually do position reverses but I haven't
been able to figure out how to Auto such in the program | 15:52 |
* codehead | is now known as codehead_afk | 15:53 |
<@NihabaAshi> | We have a BIG trading day tomorrow FOMC | 15:56 |
| I plan on doing trading via my trading plan on the simulator tomorrow. |
| Thus, no random trades for simulator...just trades I normally would do if it were live. | 15:57 |
| Shorts ER2 @ 707.50 -> large size «« simulator Infinity AT »» | 16:00 |
| Another lack luster 4pm est price action without increasing volatility | 16:10 |
| Covered all ER2 Short @ 706.90 --> + 0.6 «« simulator Infinity AT »» | 16:14 |
| Take care all and see all tomorrow | 16:18 |
* NihabaAshi | is now known as NihabaAshi_away | 16:20 |
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