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#FuturesTrades June 27th Friday 2008 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+12.50	+177.60	+1886.60
$1,250	$17,760	$188,660

Emini ES

1354pm - 1356pm est

click on image to view actual size

Current Performance Record

Volatility Spike of the Day

Profit/Loss Statement

Today's Observation: I've concluded my testing of FuturePath Futures Photon Trader and Infinity Futures Infinity AT trade execution platforms via their simulators to determine if the software and broker will become one of my backup brokers to replace a backup broker I'm no longer satisfy with.

I will return to live trading (real money trading) on July 1st Tuesday after taking a 3 day weekend. Thus, I'm not trading June 30th Monday.

In addition, the simulator profits shown above for today will not be computed into the monthly and yearly real money results. Simply, the above monthly and yearly results have not changed during the software testing between June 18th - June 30th.

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

Time Zone Info Chat Log below is eastern standard time (est) - New York City, U.S.A and/or Montréal, Canada time zone.

WRB Analysis

Learn More

Session Start: Fri Jun 27 08:05:00 2008Session Ident: #futurestrades

* Now talking in #futurestrades 08:05

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

* Retrieving #futurestrades modes...

<pat255> gm N 08:07

<futurible> gm all 08:40

<anglo> gm all 08:44

<KN-ES> Shorts ER2 @ 1287.25 09:02

<+KN-ES> s.l 1.25 09:03

Covered 3/4 ER2 Short @ 1286.25 --> + 1 09:04

not er2.........ES 09:05

Covered 2 ES Short @ 1385.75 --> - 98.5 09:06

nop

Covered 2 ES Short @ 1285.75 --> + 1.5 09:07

<ItalianSharp> morning all 09:09

<lumenPharmer> gm all

<+KN-ES> 1286.25 add 09:11

Covered 3/4 ES Short @ 1284.75 --> + 2.5 09:14

Covered 2 ES Short @ 1284.25 --> + 3 09:16

Covered 2 ES Short @ 1383.25 --> - 96 09:17

<+pat255> vn KN .. 09:18

<+KN-ES> nop

Covered 2 ES Short @ 1283.25 --> + 4

thanks

Covered 1 ES Short @ 1283.75 --> + 3.5

h 5+ 2

Covered ES Short @ 1284.75 --> + 2.5 09:21

Reverse and Enter Long ES @ 1284.75

s.l 1.25 09:22

Exited 3/4 ES Long @ 1286.00 --> + 1.25

Exited 2 ES Long @ 1286.25 --> + 1.5 09:24

need to break 82.75 - 92.25 09:25

to have a confirm trend

<Splurge> gm 09:26

<@NihabaAshi> Shorts ER2 @ 696.90 -> large size «« simulator Infinity AT »» 09:27

<@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

<Mauro> Shorts ER2 @ 696.7 09:29

<+KN-ES> Exited 2 ES Long @ 1286.75 --> + 2 09:30

add 1286 09:32

<@NihabaAshi> Covered all ER2 Short @ 696.70 --> + 0.2 «« simulator Infinity AT »»

<+KN-ES> Exited 3/4 ES Long @ 1287.25 --> + 2.5 09:33

<@NihabaAshi> FYI - Today I will conclude my testing of Infinity AT software via all trades being via my normal trading style.

Thus, no random trades for software testing purposes.

<+Mauro> Covered all ER2 Short @ 697.7 --> - 1 09:34

<@NihabaAshi> Also, Monday is a holiday here in Canada.

Thus, no trading for me on Monday...back to live trading on July 1st Tuesday

<+KN-ES> Exited 2 ES Long @ 1287.75 --> + 3

<+Mauro> Shorts ER2 @ 697.5 09:35

<szubaark> Shorts ES @ 1285.75 «« paper »» 09:37

<@NihabaAshi> Shorts ER2 @ 696.50 -> small size «« simulator Infinity AT »»

shallow WRB pt1 :( 09:38

<+Mauro> Covered 1/2 ER2 Short @ 695.5 --> + 2

<@NihabaAshi> auto trail has kicked in

<+Mauro> Covered Remainder ER2 Short @ 694 --> + 3.5 09:39

<+KN-ES> Long ES @ 1283.50

large

<@NihabaAshi> Covered 2/3 ER2 Short @ 694.10 --> + 2.4 «« simulator Infinity AT »»

Covered Remainder ER2 Short @ 694.50 --> + 2 «« simulator Infinity AT »»

<+KN-ES> Exited 3/4 ES Long @ 1284.75 --> + 1.25

s.l 1.25

<@NihabaAshi> weak support area ER2 09:40

<+KN-ES> Exited ES Long @ 1283.00 --> - 0.5 09:41

Reverse and Enter Short ES @ 1283.00

<@NihabaAshi> Shorts ER2 @ 693.10 -> small size «« simulator Infinity AT »» 09:42

<+KN-ES> Covered 3/4 ES Short @ 1281.50 --> + 1.5 09:43

brb

<@NihabaAshi> Covered all ER2 Short @ 692.70 --> + 0.4 «« simulator Infinity AT »»

<+KN-ES> Covered ES Short @ 1282.50 --> + 0.5

Reverse and Enter Long ES @ 1282.50

<peterpanboy> gm All

<+KN-ES> s.l 1 09:44

brb

<+peterpanboy> sorry very busy in last days so noy using the script yet

<ripsboy> gm all.. 09:45

<+KN-ES> Shorts ES @ 1281.50

s.l 1

s.l 1

<+peterpanboy> my postion is on NQ short from 1862 "paper"

<+KN-ES> brb

<+szubaark> exit stop moved to breakeven ES @ 1285.75 «« paper »»

<@NihabaAshi> Long ER2 @ 692.10 -> small size «« simulator Infinity AT »» 09:46

lower my position size 2 contracts only

Exited all ER2 Long @ 692.50 --> + 0.4 «« simulator Infinity AT »» 09:49

Long ER2 @ 693.20 -> small size «« simulator Infinity AT »» 09:50

<+szubaark> Covered all Short ES at 1283.25 --> + 2.5 «« paper »» 09:51

<@NihabaAshi> Volatility contracting in anticipation of the 10am est key economic report 09:52

Exited 1/2 ER2 Long @ 694.20 --> + 1 «« simulator Infinity AT »»

<+peterpanboy> Cover NQ 09:53

<@NihabaAshi> auto trail activated

<+peterpanboy> Cover NQ @ 1856.5 "paper" 1 contract

<@NihabaAshi> Exited Remainder ER2 Long @ 694.90 --> + 1.7 «« simulator Infinity AT »» 09:54

I've reached my profit goal for the trading day. Thus, I'm officially in profit protection mode...will trade 1 contract only for the remainder of the trading day.

<+Splurge> Niha when you go into this mode does it allow for your next trade to be a loser. I am assuming that you will stop if you start to lose so your profit protection area is a certain level above your daily target? 09:57

<@NihabaAshi> Yeah...usually I'll stop before the losses take me back below my profit goal for the day.

<+Splurge> ok thats what I thought although I tend to stop altogether most of the time 09:58

<@NihabaAshi> The few times I do continue trading when there's too many losses and I drop below my profit goal target is just "bad discipline" on my part

Today my target was $1000 and I'm sitting at $1240 right now 09:59

<+peterpanboy> Long NQ 1862

long 1862

<@NihabaAshi> Thus, I got a cushion of $240 to play with

That's -2.4 ER2 points 10:00

<+Splurge> Does your daily target take into account time of year. Last year I set my target even across everyday last year minus holidays and found that I should have been more ambitious during some months and less so during others 10:01

<+peterpanboy> pointing to 1870

<@NihabaAshi> Yeah...I change my daily target often via many different reasons.

<+peterpanboy> great will see if 1875 NQ is reached

<@NihabaAshi> Simply, the target for the next trading day will be different and decided upon just prior to the Open 10:02

<+peterpanboy> close and reverse short 10:03

to clear close Long NQ 1869.75 and open Short @1869.5 10:05

<+Splurge> k thx 10:06

<@NihabaAshi> Shorts ER2 @ 699.90 -> small size «« simulator Infinity AT »» 10:07

weak resistance area ER2 10:08

Covered ER2 Short @ 699.50 --> + 0.4 «« simulator Infinity AT »» 10:11

sorry

Covered ER2 Short @ 699.60 --> + 0.3 «« simulator Infinity AT »» 10:12

Got greed around 699.00 @ a WRB pt1

Try to catch more but didn't happen :( 10:13

<+szubaark> Shorts ES @ 1288 «« paper »» 10:15

exit stop moved to breakeven ES @ 1288 «« paper »» 10:18

* subq -=market profile charts for today=- http://www.charthub.com/chart/search/mpc hart 10:20

<+peterpanboy> Close short NQ @1859.5 10:22

profit + 10 points "paper" 10:23

<+szubaark> nice

<+peterpanboy> thanks

<+szubaark> Covered all Short ES at 1288 --> 0 «« paper »» 10:25

<+peterpanboy> long NQ @ 1861.75

sorry for delay next week with the script will be better 10:26

have to break 1863 NQ 10:27

<@NihabaAshi> volatility declining more 10:28

<+peterpanboy> close long NQ end short 10:29

<PapaJon> gm all

<+peterpanboy> gm papaJon 10:30

<+PapaJon> late start for me today... been sick as dog from all this smoke i guess

<+peterpanboy> close short NQ open long @ 1864.25 10:32

close long 1866 10:34

<+szubaark> Buys ES @ 1290 «« paper »» 10:36

<@NihabaAshi> szu...this is a tough area to be Long in ES at

<+peterpanboy> short nq 10:37

to clear SHORT NQ @ 1865

<@NihabaAshi> It's going to either drop hard like a big rock or go sideways allowing volatility to drop or move higher into a creeper uptrend

<+peterpanboy> Nihaba like drop like a big rock 10:38

I am short

close sh

<+szubaark> Overnight High@1291.50, see if they go for Stops there 10:39

<@NihabaAshi> The declining volatility is low and makes me very suspicious of any spikes

<+szubaark> yup, just chopping.. hopefully it spikes soon

<+peterpanboy> reverse and long 10:40

<@NihabaAshi> VIX has contracting volatility right now over the last several intervals 10:41

Thus, something will spike here soon.

<+peterpanboy> short nq 10:43

<+szubaark> Exited all Long ES at 1285.25 --> - 4.75 «« paper »»

:((

<@NihabaAshi> Shorts ER2 @ 697.20 -> small size «« simulator Infinity AT »»

<+szubaark> Shorts ES @ 1285.25 «« paper »»

<@NihabaAshi> there's the volatility spike

<+peterpanboy> short @ 1860.25

<+szubaark> yeah, against me :(

<@NihabaAshi> Covered ER2 Short @ 696.20 --> + 1 «« simulator Infinity AT »»

correction 10:44

<+peterpanboy> yeah nihaba right feeling

<@NihabaAshi> Covered ER2 Short @ 696.20 --> + 1 «« simulator Infinity AT »»

geeesh

<+szubaark> I went Long at almost intraday High lookign for Breakout, WRONG

<@NihabaAshi> Covered ER2 Short @ 696.30 --> + 0.9 «« simulator Infinity AT »»

:)

<+peterpanboy> cover short

<+szubaark> Will need Volatility to save me from Wider Stop due to Chasing 10:45

<@NihabaAshi> VIX volatility increasing and it's no longer contracting 10:46

Simply, this will either bounce hard back upwards or do a creeper downtrend 10:47

<+peterpanboy> short nq

short from 1856.25 "paper" 10:48

<@NihabaAshi> weak support area here for the Eminis

<+peterpanboy> if weak support we head south I guess 10:49

<@NihabaAshi> weak support means that if Longs don't show up...we go down hard. 10:50

<+peterpanboy> yeah thank nihaba

cover short

<+szubaark> ES 15min Inverted Dark Hammer Line 10:51

10:45 Eastern Time

<+peterpanboy> cover @ 1855.25 + 4 points

<HK> Long ER2 @ 693.5 «« paper »» 10:56

<+peterpanboy> long NQ 1850.5 "paper" 10:58

<tzar> gm everyone 11:01

<+peterpanboy> cl 1/2 nq @1851.5

<+szubaark> Covered all Short ES at 1279.50 --> + 5.75 «« paper »»

<+peterpanboy> profit +1

close rem NQ @ 1850.5 11:02

<+HK> Long ER2 @ 692.5 -> Add «« paper »» 11:03

* tzar3 is now known as tzar

<+peterpanboy> long NQ 11:04

LOng @1851.75

exit 1/2 long @1852.75 11:08

<tzar> gm anglo

<+tzar> Andy

<+peterpanboy> note I am using 2 contracts

<Andy> gm tzar, all 11:09

<+peterpanboy> gm Andy

<+Andy> gm ppb

<+HK> Exited 1/4 ER2 Long @ 694.2 --> + 1.7 «« paper »»

<+peterpanboy> close rem (1pz) @ 1853.75 +1 p 11:11

<+HK> Exited 1/4 ER2 Long @ 694.5 --> + 1 «« paper »» 11:14

<+tzar> Shorts NQ @ 1282.5 «« paper »» 11:18

<+HK> Exited Remainder ER2 Long @ 693.8 --> + 0.3 «« paper »» 11:19

<+peterpanboy> short NQ 1852,.5

<+tzar> Covered all ES Short @ 1280 --> + 2.5 «« paper »»

<+peterpanboy> 2 contracts "paper"

cov 1/2 NQ @1851.75 11:22

<@NihabaAshi> weak resistance area ER2

<+peterpanboy> cov rem NQ @ 1851.25 11:24

<@NihabaAshi> Shorts ER2 @ 693.40 -> small size «« simulator Infinity AT »» 11:25

<+peterpanboy> long nq 11:27

<+szubaark> Volatility still contracting

<@NihabaAshi> Covered ER2 Short @ 694.50 --> - 1.1 «« simulator Infinity AT »»

<+peterpanboy> long @1853.75 "paper" 11:28

always 2 contracts

<+szubaark> spike to upside

<+peterpanboy> exit 1/2 @1855.75 "paper" 11:30

* codehead_afk is now known as codehead

<+peterpanboy> exit remain NQ @ 1856.25 + 3.5 paper 11:32

<@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 11:33

<+peterpanboy> sorry last profit + 2.5 points 11:34

<+HK> Long ER2 @ 694.2 «« paper »»

<@NihabaAshi> Long ER2 @ 694.60 -> small size «« simulator Infinity AT »»

This trade and prior trade not good trade decisions

Both occurring within contracting volatility and as intuition trades. 11:35

Will take a break from trading after I close this position

<+peterpanboy> long NQ

long NQ @ 1856.75 "paper" 11:36

exit 1/2 NQ long @ 1857.25 + 0.5 11:37

exit rem NQ long @ 1856.25 11:40

<@NihabaAshi> Exited ER2 Long @ 693.80 --> - 0.8 «« simulator Infinity AT »»

<+peterpanboy> - 0.5 points

<@NihabaAshi> Be back later...going to lunch. 11:41

<+peterpanboy> have a nice lunch..

<@NihabaAshi> :)

* NihabaAshi is now known as NihabaAshi_away 11:42

<+peterpanboy> long nq 11:43

Long NQ @ 1854.75 "paper" 11:44

exit 1/2 NQ long @ 1857.25 11:46

<silo> Long ER2 @ 695.30 «« paper »» 11:47

<+HK> Exited all ER2 Long @ 695.5 --> + 1.3 «« paper »» 11:48

<+silo> Long ER2 @ 695.50 -> Add «« paper »» 11:49

<+peterpanboy> exit remain NQ Long @ 1857.5

<+silo> time to rip

<+peterpanboy> long nq 11:50

@1858.75

only 1 contract 11:51

ext NQ @ 1857.75 - 1 pt

short nq 11:55

short NQ 1854.5 11:56

cov all 55.25 e rev 11:57

exit long @ 1856

<+Andy> Long ES @ 1283 «« paper »» 12:01

Exited 1/4 ES Long @ 1284 --> + 1 «« paper »» 12:02

Exited 1/4 ES Long @ 1284.25 --> + 1.25 «« paper »» 12:03

Exited 1/4 ES Long @ 1384.75 --> + 101.75 «« paper »»

<+peterpanboy> exit rem NQ long @ 1859.25

<+Andy> Exited 1/4 ES Long @ 1284.75 --> + 1.75 «« paper »» 12:04

<+peterpanboy> nice andy

<+Andy> gracias ppb

<+peterpanboy> de nada 12:05

<+tzar> very nice andy.. specially the 100 points one 12:06

<+Andy> :) 12:07

Exited Remainder ES Long @ 1285.75 --> + 2.75 «« paper »» 12:08

<+KN-ES> Shorts ES @ 1286.00 12:26

Shorts ES @ 1285.75 12:27

85.75 fill

s.l 1

.25

Covered 3/4 ES Short @ 1284.75 --> + 1 12:28

<+peterpanboy> short nq 12:32

<+silo> Exited all ER2 Long @ 696.50 --> + 2.2 «« paper »»

<+peterpanboy> Short NQ @1860.75 "paper" 12:33

<+KN-ES> Covered 1/4 ES Short @ 1283.25 --> + 2.5 12:34

<+peterpanboy> well done KN-ES

<+KN-ES> Covered 1/4 ES Short @ 1382.75 --> - 97 12:36

nop

Covered 1/4 ES Short @ 1282.75 --> + 3

thanks

<+peterpanboy> yeah very good KN 12:37

exit 1/2 NQ Long @ 1857.25 + 3.5 points "paper" 12:39

<+KN-ES> Covered 1 ES Short @ 1282.25 --> + 3.5 12:41

h5

<+peterpanboy> it is time to stop to get so many points KN 12:42

<+KN-ES> Covered 1 ES Short @ 1280.75 --> + 5

<+peterpanboy> what you wanna do with so many points :)

<+KN-ES> :) 12:43

Covered 1 ES Short @ 1281.25 --> + 4.5

<+peterpanboy> I an simulating with only 2 contracts but use many as you do is great

<+KN-ES> h3

Covered 1 ES Short @ 1280.25 --> + 5.5 12:49

<+peterpanboy> covered rem NQ Short @ 1852.75 + 8 points "paper" 12:53

<+KN-ES> nice 12:54

<+peterpanboy> thanks KN

of course here I prefered close not many contracts as you

<+KN-ES> you are doing great, peterpanboy 12:56

<+peterpanboy> short again nQ

if I find a suitable level 12:57

sorry KN you shorted @ 1286 what do you see to say OK this high is the max 12:58

I guess not volume anymore to sustain the grow or what?? 12:59

<+KN-ES> i just tossed a coin this, peterpanboy ... :)...........sometime it works, and it worked this time 13:01

<+peterpanboy> nice

<+KN-ES> i will tell you my "termpeatature trading" someday ... :) 13:02

<+tzar> but it wasnt a regular coin he tossed:)

<+peterpanboy> your sOK KN very happy to hear how do you read this temperature 13:03

<+KN-ES> Covered 1 ES Short @ 1279.25 --> + 6.5 13:04

h - last

<werner> hi all 13:05

<+KN-ES> hello werner

<+peterpanboy> hi werner

<+KN-ES> s.l 85.75 0.00 13:07

<+silo> Shorts ER2 @ 693.40 «« paper »» 13:08

<+peterpanboy> long nq 13:11

Long NQ 1847.75

"paper"

exit all 48 13:12

<+KN-ES> Covered ES Short @ 1275.75 --> + 10 13:14

<+silo> er2 at some sort of support

been bouncing off this level 3 times already

<+KN-ES> done with this trade

<+peterpanboy> nice KN

<+KN-ES> thanks

we should see 73.50

<+peterpanboy> yeah silo for me near import support

<+silo> yeah 13:15

but er2 is showing some decent volume though

hopefully it'll break it lol

<+KN-ES> :)

dont have vol to supprot that, so far

<+silo> the down move?

<+KN-ES> Long ES @ 1276.50 13:16

s.ll 1

<+peterpanboy> long nQ

Long NQ @1846.75 "paper" 13:17

<+KN-ES> Exited 3/4 ES Long @ 1277.50 --> + 1

<+peterpanboy> exit 1/2 13:18

@1847.25

exit rema @1845.75 -1 13:19

<+KN-ES> hit and out 13:22

take care all

see you all tomorrow 13:23

<+silo> later kn

<+peterpanboy> see ya KN

<+silo> Shorts ER2 @ 692.50 -> Add «« paper »» 13:24

<+peterpanboy> long NQ 13:26

<+silo> Covered all ER2 Short @ 693.40 --> - 0.9 «« paper »»

<+peterpanboy> LOnng NQ @ 1844 13:27

exit 1/2 long NQ @ 1844.25 13:29

exir remain long @ 1845 13:31

<@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 13:39

<+peterpanboy> I go lunch see ya later 13:42

<+silo> Long ER2 @ 692.5060 «« paper »» 13:49

damn

Exited all ER2 Long @ fagwegew --> + fagwegew - 692.5060 «« paper »»

Long ER2 @ 692.70 -> large size «« paper »»

<ItalianSharp> enjoy peter, gonna get dinner soon too

<+silo> Long ER2 @ 693.40 -> Add «« paper »» 13:56

Exited 1/2 ER2 Long @ 694.30 --> + 0.9 «« paper »» 14:09

Exited Remainder ER2 Long @ 698 --> + 5.3 «« paper »» 14:17

* NihabaAshi_away is now known as NihabaAshi 14:27

<+silo> welcome back niha

<@NihabaAshi> Long ER2 @ 698.00 -> small size «« simulator Infinity AT »» 14:28

Got back just in time

Exited ER2 Long @ 699.10 --> + 1.1 «« simulator Infinity AT »»

<+silo> still testing infinity? 14:30

<@NihabaAshi> Yep...as I said this morning in here...today is my last day testing AT 14:31

<+peterpanboy> so what do you think Infinity is ok ?

<@NihabaAshi> However, today I trading like I normally do. Thus, no random trades for software testing.

Yeah...its good and fast for my trading style when needed 14:32

<+silo> hey niha

gonna ask you a question in another room

<@NihabaAshi> ok 14:33

<+peterpanboy> Thanks Nihaba so do you drop Photon?

<@NihabaAshi> Yes...photon is no longer in the consideration for my new backup trading platform.

Infinity has the higher road right now for such 14:34

<+silo> next is openEcry?

<Trader> NihabaAshi I asked you a question yesterday but got no reply. Is there any particular reason?

<+silo> i'm interested in your testing on openEcry if you decide to test it

:)

<+peterpanboy> thanks and for first platform do you use x-trader ? 14:35

<@NihabaAshi> Yes

<+peterpanboy> do you consider infinity because different broker mainly so you adapt to his platform ? 14:36

<@NihabaAshi> I don't understand your question 14:37

<+peterpanboy> I mean not want use x-trader with onother broker?

<@NihabaAshi> No...I'm not looking to replace X_Tradeer

I'm looking for an "additional" platform

<+peterpanboy> ok thanks so additional platform and additional broker 14:38

<+Trader> I have asked you whether the 40% of profit still come from your STR strategy?

<@NihabaAshi> 100% of my trades are via WRB Analysis 14:40

100% of my trades are via concepts from the STR that allows me to improve the STR via intuition trades

However, about 40% are via the strict rules (all rules must be valid) of the strategies within the STR. 14:41

<+peterpanboy> Nihaba may I ask you what main broker you use for x-trader?

<@NihabaAshi> If you have any questions...send me an email or direct pm and not in here.

The odds of me seeing questions in here are SLIM

<+Trader> ok thanks

<+peterpanboy> ok many thanks 14:42

<+silo> Shorts ER2 @ 697.10 -> medium size «« paper »»

<@NihabaAshi> First...I use RJO, Saxo, Global and Velocity

I use X_Trader via Velocity

I've recently (yesterday) decided that the new broker I choose as a backup must also offer X_Trader

Infinity also offers X_Trader

<+peterpanboy> many thanks Nihaba 14:44

<+silo> niha, are you going to test openEcry ?

'cuz i'm also interested in your analysis of it if you do test it

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Strategies
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Trading Strategies ->   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 Index Derivatives (DAX, ESTX50), Euronext Index Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX 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 Hang Seng Index Futures (HSI)

<@NihabaAshi> No due to their recently being purchased by OptionXpress

<+silo> is that a bad thing? 14:45

<@NihabaAshi> If you knew my history with brokers, charting programs et cetera when such happens...

Yes...it usually is a problem

Thus, I can wait a year or so to see if things are still the same and if so...I'll test their platform then. 14:46

<+peterpanboy> Nihaba never hear about rosenthal collins? 14:47

<@NihabaAshi> Yes...many past discussions about them at different discussion forums...easy the research them. 14:48

<+peterpanboy> Ok I will look for it...

only one thing x-trader is performing much better vs ninja or hot lots so you use ii? 14:49

<@NihabaAshi> I've not tested ninja 14:50

<+peterpanboy> ok

<@NihabaAshi> I've seen Ninja used a few times by a trading pal in person but I've never tested it myself. 14:51

Not really interested in it. 14:52

<+peterpanboy> before you talk about many broker as first broker,do you use them all at same time or for different task

<@NihabaAshi> The program I really wanted to test was Trade Navigator...but started hearing about data feed connection problems or something like that. 14:53

Decided to wait and put them with Open Ecry for testing in a year or so.

<+peterpanboy> oh I see.. 14:55

OK guys I stop here for this week 14:58

Thanks Nihaba and everyone for sharing so many information

It is a pleasure talk in this room 14:59

c ya next week bye 15:00

<+pat255> time to take a break ...ty all

<+szubaark> Shorts ES @ 1380.75 «« paper »» 15:08

<@NihabaAshi> Long ER2 @ 698.20 -> small size «« simulator Infinity AT »» 15:11

contracting volatility trying to form 15:12

<+silo> Covered ER2 Short @ 698.50 --> - 1.4 «« paper »» 15:13

Reverse and Enter Long ER2 @ 698.50 «« paper »»

<@NihabaAshi> ER2 on its own right now...no support from other key markets 15:14

If support shows up...I'll make a big profit (more than expected) 15:15

Exited Remainder ER2 Long @ 698.40 --> + 0.2 «« simulator Infinity AT »» 15:16

<+szubaark> If you Long, hopefully we spike up, if Short, hopefully down

<+silo> Exited all ER2 Long @ 697.60 --> - 0.9 «« paper »» 15:17

<@NihabaAshi> contracting volatility has higher lows since 2:45am est 15:18

<+szubaark> and lower highs 15:19

ES.. so could spike either way :))

<+silo> Shorts ER2 @ 697.80 -> medium size «« paper »» 15:20

<+szubaark> Shorts need folowthru now, or this thing can spring back up in a hurry

<@NihabaAshi> When this thing spikes (up or down)...it should move fast 15:23

contracting volatility still making those higher lows

<+szubaark> yup, lots of people getting trapped here

Covered all Short ES at 1282.75 --> + 98 «« paper »» 15:24

Buys ES @ 1282.75 «« paper »»

Shorts ES @ 1280.75 «« paper »»

Covered all Short ES at 1282.75 --> - 2 «« paper »» 15:25

<@NihabaAshi> Shorts ER2 @ 698.00 -> small size «« simulator Infinity AT »»

:( 15:26

<+silo> Shorts ER2 @ 697.30 -> Add «« paper »»

<@NihabaAshi> Covered ER2 Short @ 697.40 --> + 0.6 «« simulator Infinity AT »» 15:27

My entry sucked on that one

Lost my wiggle room to help keep me in the trade

Long ER2 @ 697.90 -> small size «« simulator Infinity AT »» 15:37

costly intuition trade

Exited ER2 Long @ 697.10 --> - 0.8 «« simulator Infinity AT »»

<+silo> Covered all ER2 Short @ 697.50 --> + 0.1 «« paper »» 15:38

<+szubaark> easy to get shaken here

<+silo> Covered all ER2 Short @ 697.60 --> + 0.2 «« paper »» 15:42

<+szubaark> Volatility spike, im upside 15:44

hoepfully we get a breakout, as most everybody been shaken out

<@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 15:45

<@NihabaAshi> Long ER2 @ 698.30 -> small size «« simulator Infinity AT »» 15:47

My last trade of the day

volatility trying to contract :( 15:49

O 15:50

, ;pplomg fpr a Houdini Escape if it appears

Meant to say I'm looking for a Houdini Escape out of this trade 15:51

<+szubaark> "Could" pop up, end of week Short covering

<+werner> have a nice wk all, see you all on monday 15:52

<+szubaark> bye

<@NihabaAshi> Too many folks sitting around 698.20

Exited ER2 Long @ 697.40 --> - 0.9 «« simulator Infinity AT »» 15:53

Take care all and see all next Tuesday July 1st because I won't be hear on Monday (taking a 3 day weekend). 15:54

I'll be returning back to live trading (real money trading) on July 1st Tuesday with my primary broker & platform 15:56

* NihabaAshi is now known as NihabaAshi_away

<+anglo> a toy for KN-ES: http://www.classicalgames.com/Merchant2/ merchant.mvc?Screen=PROD&Product_Code=00 0192&Category_Code=ad 16:00

<+szubaark> Covered all Short ES at 1280.75 --> 0 «« paper »» 16:09

Buys ES @ 1282.75 «« paper »»

Exited all Long ES at 1280.75 --> - 2 «« paper »»

* NihabaAshi_away Session Close: Fri Jun 27 16:50:29 2008 16:10

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#FuturesTrades past logs can be searched via using Google. For example, pretend you want to research what has been said about volatility analysis. Go to the Google search window below and type in "volatility analysis" site:thestrategylab.com (exactly as I typed it including the quotation marks) and you will find everything associated with those key words that were used by any member of #FuturesTrades.


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 EMD, ER2, ES and NQ

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

Forex Currencies EurUsd, EurYen and UsdCdn

Exchange Traded Funds DIA, IWM, QQQQ, SPY, OIH, XLE and GLD

NYMEX Energies Light Crude Oil CL, e-miNY QM and Natural Gas NG

COMEX Metals Gold GC and ZG

Hang Seng Index Futures HSI

Last of all, if you have any questions about any of the above commentary, specific trades et cetera...

Don't hesitate to ask your questions and we'll reply back as soon as possible.