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#FuturesTrades June 28th Thursday 2007 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+7.00	+280.20	+1660.60
$700	$28,020	$166,060

click on image to view actual size

Current Performance Record

Candlestick Pivot Point Trading Triggers

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: Thu Jun 28 09:10:40 2007Session Ident: #futurestrades

* Now talking in #futurestrades 09:10

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

* subq market profile charts for today 09:16

http://www.charthub.com/images/2007/06/2 8/es_rth_mp.png

http://www.charthub.com/images/2007/06/2 8/er2_rth_mp.png

http://www.charthub.com/images/2007/06/2 8/ym_rth_mp.png

http://www.charthub.com/images/2007/06/2 8/nq_rth_mp.png

<ItalianSharp> something weird just happened with my broker's account statement: 09:19

I just checked the P&L from yesterday and I was credited twice the amount of money I made 09:20

basically, the system doubled up on my contracts

do you guys think I should give them a call and get this fixed? 09:21

<intowin> they will find it even if you dont

<ItalianSharp> yeah, i don't like when this sort of stuff happens simply because I wouldn't want it to happen on a DOWN day

<RussellDaytrade> I think you should give them an opportunity to find it. my bet it they will. 09:22

<ItalianSharp> RD, i like your answer...:)

<RussellDaytrade> you may want to frame it for posterity, a rare occurance indeedd

wtg, btw

who's your broker? :) 09:23

<ItalianSharp> velocity futures

<RussellDaytrade> I'm signing up today!

<ItalianSharp> basically, all my 1-contract trades became 2 contract-trades...and all 2-contract trades became 4-contract trades

<intowin> I once had a virus in my computer called double click. It caused my mouse to sometimes double click sometimes not. Try getting out of a trade with that. 09:25

<werner> gm all 09:26

<PapaJon> gm all

<pat255> gm all.. 09:27

what a day yesterday .... 09:28

* lesAway is now known as les 09:29

<Brutus> OIL FUTURES: Nymex Crude Hits $70.00 On Supply Concerns 09:31

<eminitrader> Shorts ES @ 1517.75 09:33

<NihabaAshi> :( 09:35

Punks wouldn't give me a fill for a Long position.

Should'uv used a market order :(

<eminitrader> Shorts ES @ 15119.25 -> Add 09:36

Shorts ES @ 1519.25 -> Add

repost

<NihabaAshi> Shorts ER2 @ 846.40 -> small size 09:38

2 contracts only 09:39

ER2 volatility dropping...I'm expecting a volatility spike here any minute. 09:40

volatility still declining 09:42

Covered all ER2 Short @ 845.80 --> + 0.6 09:43

Caught a WRB pt1 volatility spike on the exit

<eminitrader> Covered 1/2 ES Short @ 1517.25 --> + 2 09:45

avg sell 1518.50 09:46

Shorts ES @ 1519 -> Add 09:47

Covered ES Short @ 1519.25 --> - 1.5 09:48

Reverse and Enter Long ES @ 1519.25

<NihabaAshi> Long ER2 @ 846.50 -> large size

<jperl> Market waiting for the 10:00 Help Wanted Numbers?

<RussellDaytrade> startin to look a little like last Thursday's pa 09:50

<eminitrader> Exited ES Long @ 1519.25 --> 0

Reverse and Enter Short ES @ 1519.25

<Awash> morning all 09:51

<NihabaAshi> :( 09:52

Market seems very unsure about its direction :(

<pat255> yes .. 09:53

<les> just touched the ON high

may retreat after this test 09:54

<eminitrader> looks down :)

<les> well more down that up

<pat255> report in 5 mins 09:56

<NihabaAshi> Exited ER2 Long @ 847.00 --> + 0.5

<NihabaAshi> Oil kepted this from testing 848.00 :( 09:59

<eminitrader> Covered all ES Short @ 1519.25 --> - 0.25 10:00

:(

<RussellDaytrade> Niha, do you primarily focus on trying to achieve your profits targets on a quick dollar or two move, on large size, in the opening session? 10:01

this er is going para-!@#$%^&*-bolic 10:02

<NihabaAshi> Oil moving up very nicely now but starting to look a little exhausted. 10:03

<RussellDaytrade> definitely a gift for anuone who was long from last week 10:04

<NihabaAshi> Long ER2 @ 848.70 -> large size

Exited all ER2 Long @ 849.00 --> + 0.3 10:06

<RussellDaytrade> sweet 10:23

* les is now known as lesAway 10:30

<jperl> EIA Natural Gas report didn't do squat to price action 10:34

<ItalianSharp> yep...it did move the oil mkts though 10:35

<jperl> ER2 @ VWAP 847.27

peak volume price 849 10:36

my trades this morning.... 10:38

http://charts.dacharts.com/2007-06-28/JP ERL_0125.jpg

<intowin> long Es @ 1518 1517 stop 10:41

<RussellDaytrade> closed todays shorts on target fullfillments just then

<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)

<NihabaAshi> Long ER2 @ 847.40 -> medium size 10:48

Long ER2 @ 848.60 -> Add

<ItalianSharp> niha, i think your add price is wrong 10:49

<jperl> ER2 VWAP=PVP=847.30 10:50

<NihabaAshi> Yeah...will correct...I got it all mixed up because my first entry for the size is also wrong :(

Reposting now...

Long ER2 @ 847.40 -> small size

<jperl> don't expect anything here but oscillations about PVP

<NihabaAshi> Long ER2 @ 847.60 -> Add 10:51

ER2 volatility dropping fast...I'm expecting a volatility spike here soon. 10:54

Hopefully in the direction of my Long.

That produced a "cheap" WRB pt1 :( 10:55

Volatility dropping again. 10:56

Long ER2 @ 846.70 -> Add

4 contracts now

<Awash> any TWS users in here that can answer a question for me 11:01

?

<PapaJon> can try 11:02

<Awash> do you know how to pull up a DOM window where you can see a verical line of bids and offers and add a histogram?

<PapaJon> sorry, no

<NihabaAshi> ER2 testing that weak support area :( 11:03

<PapaJon> i use ninja which has its own dom and charting which can do that

but i dont use ninja charting

<Awash> i use NT

big user

<NihabaAshi> tightining mystops

<Awash> you can't add a histogram to the staticDOM

can you?

<PapaJon> no 11:04

but u can on the charting i believe

they added that feature not long ago

<jperl> Awash.....

<NihabaAshi> Exited all ER2 Long @ 846.40 --> - 1.3 11:05

<jperl> click on tools/booktrader.....that should give you what you want

<Awash> i'm really looking for a price histogram at the different bids/offers

k

<NihabaAshi> Decided to bail instead of seeing if my stop gets hit at 846.10

<Awash> okay 11:06

<jperl> we should get a bounce back up to PVP here

<Awash> book trader is what i need

thanks jperl

<jperl> yw

<NihabaAshi> I'm still within a price area for adding.

Thus, I'm still looking to go Long 11:07

<eminitrader> Long ES @ 1517.75

<NihabaAshi> Hopefully below my prior exit loss.

Some very shallow cheap WRB's are being formed :( 11:13

Like 1-3 tick profit if the entry was perfect :(

Shorts ER2 @ 846.40 -> medium size 11:14

<eminitrader> Exited 1/3 ES Long @ 1518.75 --> + 1 11:15

<NihabaAshi> Covered all ER2 Short @ 846.80 --> - 0.4 11:16

Trading Edge:
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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)

<jperl> ER2 returning to PVP 11:17

<NihabaAshi> That's another 1-3 tick WRB price movement than it retraces.

<intowin> exit half ES @ 1519 + 1 balance stop at be

<NihabaAshi> Shorts ER2 @ 846.20 -> medium size 11:22

Looks like the big boys established their positions yesterday and today is just scraps or left overs :(

<pat255> looks like niha good observation.. 11:24

<intowin> no one wanting to do much until the announcement imo 11:25

<NihabaAshi> tightning up my stop again...looks like another "cheap WRB" will be produced.

Covered all ER2 Short @ 846.50 --> - 0.3 11:29

Too tight on low volatility to do any position reversals... 11:30

Good time to go to lunch.

Hopefully no parabolic price moves happens while gone. 11:31

Be back later.

* NihabaAshi is now known as NihabaAshi_lunch

<RussellDaytrade> I got one of those pains in my stomach that tells me it's time to eat 11:35

breakfast 11:36

<eminitrader> Exited 1/3 ES Long @ 1520.75 --> + 3 11:55

<pat255> vn emini ...again missed the entry ..:(

<eminitrader> holding 4

thx pat

exit stop moved to breakeven ES @ 1517.75 11:56

<asuni12> emini, u are a machine :-)

<pat255> well for 1 thing he gets good entries ..

<eminitrader> thx A...nothing much to it ...went by the daily bullish bias when the mrkt failed to take out the low 3 times before...low risk had a 4 tick stop ..one tick below lod 11:57

<asuni12> do u knowthe nameof one of the strongest pro poker player?

chris moneymaker

i suppose he isur brother :-)

<eminitrader> lol.. 11:58

but i paid my dues before i started getting some back :))

<pat255> dang did not notice the 3 = lows..

<eminitrader> missed an exit by 2 ticks :( 12:00

<intowin> exit all ES @ 1522.50 + 4.50

<eminitrader> by 1 tick now :(

very nice itw:))

<intowin> ty

<les> just got back...so late post.. 12:06

Long ER2 @ 848 «« paper »»

<intowin> Taking a crew 100 miles off shore again for some spear fishing. Back Monday. Good luck all

<les> Exited 1/3 ER2 Long @ 849 --> + 1 «« paper »» 12:07

<eminitrader> Exited ES Long @ 1522.75 --> + 5 12:08

<pat255> vn em ...

<eminitrader> holding 2 ..will hold till pm

thx again pat

later itw 12:09

<RussellDaytrade> your orders semm to attractthe market to them :)

<pat255> rd his rational for netry ws good.. 12:11

<eminitrader> saw 1523 as short term res RD ...thats why i had decided to take some of ...in case the pullback picks up momemtum 12:20

think its going to be tough for the mrkt 23-1530 area...only the fed related spike can help it get thru that area 12:21

<RussellDaytrade> yes, another hour and 40 and its gonna get volatile 12:22

<eminitrader> true

* NihabaAshi_lunch is now known as NihabaAshi 12:24

<les> Exited 1/3 ER2 Long @ 849.4 --> + 1.4 «« paper »» 12:25

<RussellDaytrade> it's amazing how long the Fed can perpetually perpetuate that infaltion is low, going on decades now of 'low-inflation'. what the hell, better outfit that printing press to run on solar power, just in case

<les> Exited Remainder ER2 Long @ 849.7 --> + 1.7 «« paper »» 12:27

<NihabaAshi> Shorts ER2 @ 849.50 -> medium size

<eminitrader> dont know how they interpret inflation...but everything from eggs milk and cola have spiked in our grocery stores in the last 6 months

<NihabaAshi> oh oh...volatility dropping. 12:29

<les> Shorts ER2 @ 849.7 «« paper »» 12:31

<NihabaAshi> Les...we're going to need a lot of help on these shorts.

Not looking good.

<les> mines on papaer niha 12:32

doing my best tho

<eminitrader> lol

<les> ok, u win...

Shorts ER2 @ 849.8 -> Add «« paper »»

better?

<eminitrader> :))

<les> bbiaw 12:34

* les is now known as lesAway

<lesAway> post exits later on

* codehead_afk is now known as codehead 12:35

<NihabaAshi> :( 12:36

Covered all ER2 Short @ 850.00 --> - 0.5

Long ER2 @ 850.10 -> medium size 12:37

<RussellDaytrade> I'm short some more in here 12:40

<NihabaAshi> I'm getting bitten on these low tick WRB reverses. 12:41

<RussellDaytrade> yes you are

I have lower price targets perhaps they will fulfill 12:42

before the Fed announcement 12:43

<NihabaAshi> No s/r zone for me to add within and volatility too low for me to do a position reversal... 12:46

That means I have to let my stop do its job.

<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) 12:47

<RussellDaytrade> typical price action for a fed day 12:53

<Awash> really? 12:54

<NihabaAshi> Exited all ER2 Long @ 849.10 --> - 1

<Awash> this is my first fed day in a while

<RussellDaytrade> closed short

<Awash> i'm starting to notice that the market likes to make moves to position itself before an announcement

any thoughts?

<NihabaAshi> Awash, I usually don't push any size until the announcement if I'm below my profit target for the day. 12:55

If I'm above my profit target for the day by the time of the announcement...I reduce my position size. 12:56

<RussellDaytrade> keeping exposure small

time is moving at 3/4 throttle today 12:59

* lesAway is now known as les

<les> hmmm why'd u reverse your trade there niha? 13:00

<NihabaAshi> Shorts ER2 @ 848.90 -> medium size

<les> Covered 1/2 ER2 Short @ 848.7 --> + 1.1 «« paper »» 13:01

<NihabaAshi> Les...I didn't do a trade reversal.

Prior trade was a stop out.

<les> yeah, but in effect it seemed to be so

<NihabaAshi> It was the first time a WRB pt2 was reached on low volatility. 13:02

Although shallow as in about 7 ticks...enough to make me think its below its range it had for the past 45mins 13:03

I see only at best a 5 tick profit on this trade I'm in... 13:04

Thus, I'm looking for a WRB pt1 exit around 5 ticks.

<les> yes agree...we run into support again about 848.3

but if it pulls back i'll add anyway 13:05

might help u?

<NihabaAshi> Will only stay Short is sudden momentum shows up but the odds of that happening again in comparison to the lunch time movement I missed isn't good until the FOM time duration.

<les> what i'm hoping is it goes down to 200 ema/vwap area 13:06

Shorts ER2 @ 849 -> Add «« paper »» 13:09

back later to post exits 13:10

* les is now known as lesAway

<lesAway> on 2nd thoughts... 13:11

Covered Remainder ER2 Short @ 848.9 --> + 0.9 «« paper »»

<NihabaAshi> :( 13:14

Covered all ER2 Short @ 848.80 --> + 0.1 13:15

<eminitrader> Exited ES Long @ 1522.75 --> + 5 13:28

holding 1

<NihabaAshi> Shorts ER2 @ 849.40 -> medium size 13:29

Covered 1/2 ER2 Short @ 849.20 --> + 0.2 13:34

Covered Remainder ER2 Short @ 849.30 --> + 0.1 13:36

Long ER2 @ 849.70 -> medium size 13:51

Exited all ER2 Long @ 850.10 --> + 0.4 13:54

<RussellDaytrade> 843.36 14:03

*****FED ANNOUNCEMENT***** Pre-Release Release...NOT FOR PUBLIC DESEMINATION...REPEAT, NOT FOR PUBLIC DESINATION... 14:10

<Awash> :) 14:11

<RussellDaytrade> the FED reports today that inflation is non-existent. In fact, it is soooo loooow, that the Fed will immediately adopt the policy of printing free money, and distributing to all American Citizens, as well as illegal aliens! 14:12

racers ready! 14:13

<pat255> k should we get in line ? 14:14

<NihabaAshi> Shorts ER2 @ 848.00 -> medium size 14:15

<jperl> ER2 drops to VWAP

then bounces off

VWAP holding 14:16

<NihabaAshi> Covered ER2 Short @ 849.80 --> - 1.8 14:17

Reverse and Enter Long ER2 @ 849.80

Long ER2 @ 851.00 -> Add 14:18

Long ER2 @ 851.70 -> Add

<eminitrader> Exited Remainder ES Long @ 1527.75 --> + 10 14:19

<szubaark> Go emini!

<eminitrader> done fpr now ...good trading all

thx szu

<Brutus> Good trading e cu

<eminitrader> thx B

<NihabaAshi> Exited 1/4 ER2 Long @ 853.00 --> + 1.3 14:20

<RussellDaytrade> nice hold EM

<eminitrader> thx rd

<RussellDaytrade> that was top tick today 14:21

<eminitrader> so far ...but i think upto 1530 is res 14:23

<NihabaAshi> Looks exhausted :( 14:25

Exited 1/4 ER2 Long @ 851.60 --> + 0.6

<eminitrader> maybe cause up trending all day

<NihabaAshi> If this this...I'll be looking for a re-entry signal (Long or Short) between 850 - 849 14:27

Exited Remainder ER2 Long @ 850.20 --> + 0.4

Shorts ER2 @ 850.20 -> medium size 14:28

Covered all ER2 Short @ 849.90 --> + 0.3 14:29

Shorts ER2 @ 849.40 -> medium size 14:30

<jperl> ER@ back to VWAP 848.32 14:31

<RussellDaytrade> I'm chipping away at it, little by little

<NihabaAshi> Geeesh...

That volatility spike downwards was almost better than when it went up at 2:18pm est 14:32

Still nothing worth throwing a large size position at. 14:33

<RussellDaytrade> I gues they found the silver lining, now they are in search for the corresponding dark cloud 14:34

<eminitrader> Long ES @ 1517.50 14:35

<Awash> You playing LOD bounce

<eminitrader> Exited 1/2 ES Long @ 1520.50 --> + 3

yes A 14:36

<NihabaAshi> I have 3 quote source and all are different :) 14:37

* lesAway is now known as les

<les> Long ER2 @ 846.6 «« paper »» 14:38

too good to miss 14:39

<RussellDaytrade> relatively weak and less-tehn dynamic response, to the upside, relative to prior feddays, very nice, indicative of lower prices 14:40

<les> Long ER2 @ 846.6 «« paper »»

Exited 1/3 ER2 Long @ 847.6 --> + 1 «« paper »» 14:41

<asuni12> vn les

<NihabaAshi> Covered all ER2 Short @ 847.90 --> + 1.5

<les> Exited 1/3 ER2 Long @ 848.5 --> + 1.9 «« paper »» 14:42

holding 0ne

thx :)

<eminitrader> Exited 1/3 ES Long @ 1522.50 --> + 5

holding 1

<les> exit stop raised ER2 @ 846.7 «« paper »» 14:43

<NihabaAshi> Long ER2 @ 848.90 -> medium size

Poor entry for FOMC

<jperl> ER2 peak volume now 849.10 14:44

vwap 848.20

<NihabaAshi> Long ER2 @ 848.60 -> Add 14:45

<les> those long shadows on the 15min and 30min chart tell thestory of the LOD bounce

was bound to hold after that

<jperl> volume distribution function looks like two sear towers side by side

<les> exit stop raised ER2 @ 848.3 «« paper »» 14:46

<werner> v shape

<NihabaAshi> Exited 1/2 ER2 Long @ 849.40 --> + 0.8

<les> Exited Remainder ER2 Long @ 848.4 --> + 1.8 «« paper »» 14:48

<NihabaAshi> Long ER2 @ 848.40 -> Add

<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) 14:50

<NihabaAshi> :( 14:51

Exited 1/2 ER2 Long @ 848.60 --> + 0.2

Volatility dropping fast... 14:52

Long ER2 @ 847.60 -> Add 14:54

There's an s/r zone somewhere here and I can't see it :( 14:55

<jperl> yes it's called the VWAP...and you are at it

<NihabaAshi> Exited 1/2 ER2 Long @ 848.00 --> + 0.4 14:56

<Brutus> just keep adding and you are sure to create it :)

<NihabaAshi> :)

<RussellDaytrade> its at 836

<jperl> ER2 VWAP @ 848.22 14:57

PVP @ 849.10

<NihabaAshi> Will be reducing my size after I close this position because volatility is "dropping fast".

No more adds because of the fast declining volatility. 14:58

<les> i'm done today

cya all tomorrow

<NihabaAshi> We have an "unusual" low volatility FOMC price action. 15:00

<RussellDaytrade> dry out over there yet?

<NihabaAshi> Thus, I think there's one more good push left in it before the close...

Hopeuflly upwards.

Exited Remainder ER2 Long @ 846.90 --> - 2 15:01

Shorts ER2 @ 846.80 -> small size

Covered all ER2 Short @ 846.50 --> + 0.3 15:04

<eminitrader> exit stop moved to breakeven ES @ 1517.50 15:05

be back.. 15:06

<jperl> SEars towers changing attennas.... 15:08

PVP now 846.70

VWAP 848.17

PVP has been bouncing back and forth between the two towers since the fed announcement.... 15:09

VWAP in between the two

<Awash> Can someone answer an IB market data subscription question 15:10

when you subscribe to the free IB US securities and commodities bundle non-professional, you're suppose to get bond futures quotes on CBOT, right? 15:12

<jperl> have no idea

<Awash> k 15:13

<RussellDaytrade> you can pose the question on ET and likely get it answered there A

<Awash> k

<jperl> trades for today here....

http://charts.dacharts.com/2007-06-28/JP ERL_0126.jpg

<Awash> using the IB Chat 15:15

thanks guys

<NihabaAshi> Long ER2 @ 840.40 -> small size 15:16

<RussellDaytrade> that one outta make you some money. :) 15:17

<NihabaAshi> That little volatility dried up quickly over the last one minute :(

<RussellDaytrade> nice entry price, I mean

on the script, not in the actual entry 15:18

<NihabaAshi> Ahh...ok...

I'll repost it in a sec...

Long ER2 @ 848.40 -> small size 15:19

Long ER2 @ 848.20 -> Add

2 contracts total 15:20

If volatility dries up more...I'll stay at 1 contract only and no adds. 15:21

<RussellDaytrade> I'm done for day, just watching, made a little headway on the s/o acct, which I am still short from ap 841 areas, and had decent trading and gains in other accts..made up for lost gains of yesterday and then a little 15:23

<NihabaAshi> Shallow WRB :(

Exited 1/2 ER2 Long @ 848.40 --> + 0.2

Exited Remainder ER2 Long @ 848.60 --> + 0.2 15:25

<venedom> g aft 15:32

<NihabaAshi> Shorts ER2 @ 846.10 -> small size 15:45

1 contract only

That price drop was a low volatility drop...difficult to trade. 15:47

On that note...this will be my last trade of the day.

Covered ER2 Short @ 845.50 --> + 0.6 15:50

<eminitrader> Exited Remainder ES Long @ 1519.50 --> + 2 15:57

WRB Analysis

Learn More

<RussellDaytrade> I'd like to see a close at aft lows., 844.5 or so, a nice lame limp into close 15:59

<Awash> good night all 16:00

<werner> gn all

<Brutus> CUL8r, EMT was sure you were going to get another 10 pointer, about an hour ago. Nice catch of the falling knife :)) 16:02

<NihabaAshi> I think volatility was about 1/2 of what we normally see on an FOMC Announcement. 16:03

<eminitrader> cul8r ? thx anyways B...had 2 back to back 10 pionter days ...not too greedy happy with a fiver ..:)) 16:04

<NihabaAshi> Hopefully the low volatility sets up a trend day within the next few trading days.

Take care and see all tomorrow.

* NihabaAshi is now known as NihabaAshi_away 16:05

<Brutus> CUL8R = see you later :) 16:06

<eminitrader> k ...way beyond me...brains r fried right now :)) 16:07

<RussellDaytrade> there we go, look who's limping in to the finish line, all pooped out 16:11

* DisconnectedSession Close: Thu Jun 28 16:54:13 2007 16:54

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