Session Start: Wed Jul 06 09:33:37 2005Session Ident: #FuturesTrades
* Now talking in #FuturesTrades09:33
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
<FFT>  Long ES @ 1208 09:35

sell limit to exit ES long @ 1209 09:36

Long ES @ 1208.25 -> Add 09:37
<les>  Buys ER2 @ 656.1 «« paper »» 09:44
<FFT>  Exited 1/2 ES Long @ 1209.25 --> + 1 09:46

We keep getting this early pops, seems like most days
<danshirley> ..09:47
<NihabaAshi>  Shorts ES @ 1208.25 -> small size 09:51

:(

Shallow pt1.

exit stop set ES @ 1210.50 09:54
<FFT>  Exited Remainder ES Long @ 1209.25 --> + 1.25 09:55
<les>  Exited 1/3 Long ER2 at 656.3 --> + 0.2 «« paper »» 09:57
<FFT> Ses high is 10.75, nihaba
fwiw
NYSE AD line on the plus side now09:58
<NihabaAshi> If it retest my entry price...I'll tighten up my stop just a little.09:59
<szubaark>  Long YM @ 10387
<les>  Exited 1/3 Long ER2 at 656.2 --> + 0.1 «« paper »»
<NihabaAshi> This is my best trade signal so I got no problems in reversing the trade if my stop is hit.
Will load up if that happens.10:00
<szubaark>  Exited 1/2 YM Long @ 10393 --> + 6
<les>  exit stop raised ER2 @ 656.5 «« paper »» 10:01
<szubaark>  exit stop moved to breakeven YM @ 10387
<FFT>  Long ES @ 1210.25
<NihabaAshi>  Trailing Stop Hit ES @ 1210.50 --> - 2.25

Long ES @ 1210.00 -> large size 10:02
<danshirley> U.S. JUNE ISM SERVICES 62.2% VS. 58.4% EXPECTED10:03
<NihabaAshi> Volatility just died :(
<szubaark> summertime blues10:04
<les>  stop hit ER2 @ 656.5 --> + 0.4 «« paper »»
<szubaark>  Exited all YM Long @ 10387 --> 0
:((
<danshirley> that was a realy quick shut down10:06
<szubaark> They ran for Globex High above 40010:07
i want to sell this again10:10
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.10:13
<NihabaAshi> Shallow higher lows...small chance for a higher high.
<FFT>  Exited ES Long @ 1208 --> - 2.25

Reverse and Enter Short ES @ 1208
<szubaark> nasty opening so far10:15
<NihabaAshi>  Exited ES Long @ 1207.50 --> - 2.5 10:16

Reverse and Enter Short ES @ 1207.50
<FFT> Welcome to the dark side ;)
<NihabaAshi>  Shorts ES @ 1207.25 -> Add
<szubaark>  Shorts YM @ 10377 10:17
<NihabaAshi>  Shorts ES @ 1207.00 -> Add
<FFT>  Shorts ES @ 1207 -> Add
<szubaark> Niha loading up the Boat!
<NihabaAshi> Gotta dig myself out of a hole.
<danshirley> prob take me the rest of the week to dig myself outa the hole i got into yesterday10:20
<NihabaAshi> No EIA report today at 1030am est but market usually reacts as if there is going to be a report...report not schedule until tomorrow due to the July 4th holiday.
<danshirley> :-)
<les>  Shorts ER2 @ 654.2 «« paper »» 10:21
<szubaark>  Shorts YM @ 10369

Covered 1/2 YM Short @ 10369 --> 0

Shorts YM @ 10377

Covered 1/2 YM Short @ 10369 --> + 8
<FFT>  Covered 1/2 ES Short @ 1208 --> - 1 10:22
Covered Remainder ES Short @ 1206.25 --> + 1.75
Adds are darn hard10:23
<NihabaAshi> I'm still in the hole :(10:24
<les>  Covered 1/3 Short ER2 at 653.7 --> + 0.5 «« paper »»
<FFT> I mde up for my bad trade plus some change :)
<szubaark>  Covered all YM Short @ 10377 --> 0 10:26
bastids keeping it too tight today
<NihabaAshi> My adds are in trouble now of being breakeven.
<FFT> Adds are hard. Especially in these rangey days we've been having, doesn't take long for em to be a bit in the red :(10:27
<NihabaAshi> Looking for a 1030am "false" EIA report reaction...report has been re-scheduled for tomorrow at 1030am est.10:28
<les> jeez, dont those guys consult their calendars?10:29
<FFT>  Long ES @ 1206 «« paper »»
<NihabaAshi> Most retailers don't...big boys do and I think they exploit such.
<FFT> I remember one day when Breifing.com had bad info about a report, volatility cranked up when it was "supposed" to be released, even tho there wasn't any news.10:30
<les> i have no sympathy for people too lazy t0 do their research10:31
Covered 1/3 Short ER2 at 653.3 --> + 0.9 «« paper »»
exit stop lowered ER2 @ 653.8 «« paper »»
<NihabaAshi> No cranking up on th volatility yet...hopefully if it does crank up...its to the downside.

It's still trying.10:32

Covered 1/3 ES Short @ 1206.00 --> + 1 10:33
<FFT> Goofing around and missed a long signa; :P
<les> prob just as well fft..10:36

looks like down t me

exit stop lowered ER2 @ 653.5 «« paper »» 10:37
<NihabaAshi>  Covered 1/3 ES Short @ 1206.75 --> + 0.75 10:41
<les> fft...

i take it all back

Covered remainder Short ER2 at 653.4 --> + 0.8 «« paper »» 10:42
<NihabaAshi> A few contracts in that 1/3 are only +0.50
Covered Remainder ES Short @ 1207.00 --> + 0.5 10:43
<FFT>  Exited 1/3 ES Long @ 1207.25 --> + 1.25 «« paper »»

Since I got a real fill there, I'll take a pt one :)

exit stop set ES @ 1206.25 «« paper »»

Heh Les, I tuned out of chat cuz I was watching it too much :)10:45
<les> :)
<FFT>  Exited 1/3 ES Long @ 1207.25 --> + 1.25 «« paper »» 10:46

exit stop raised ES @ 1206.5 «« paper »»

Exited ES Long @ 1207.25 --> + 1.25 «« paper »» 10:47

Reverse and Enter Short ES @ 1207.25 «« paper »»

Geez, Brandon's sure got a giant freaken chip on his shoulder over at ET.10:52

Covered all ES Short @ 1207 --> + 0.25 «« paper »» 10:53

Basitds tagged my exit then my stop.

SMH has been ranging since about a quarter to ten :(10:56
<NihabaAshi> I'm sidelined...I need some volatility and right now...there's none.10:57
Be back later.
* NihabaAshi is now known as NihabaAshi_away
<NihabaAshi_away>  Shorts ES @ 1206.25 -> large size 11:05
<FFT>  Long ES @ 1206 «« paper »»

Pretty miserable signal on this one.11:06
<szubaark>  Shorts YM @ 10365 11:07
<NihabaAshi_away> Volatility drying up again after briefly appearing :(
<szubaark> Wide Range body on candle=Volatility
<NihabaAshi_away> With increasing volume or increasing price momentum.11:08

When it dries up like that...easily can send a message to some to reverse their positions or exit.11:09
<FFT>  Exited 1/3 ES Long @ 1206.75 --> + 0.75 «« paper »» 11:11
Exited 1/3 ES Long @ 1206.5 --> + 0.5 «« paper »»
exit stop set ES @ 1206 «« paper »»
Trailing Stop Hit ES @ 1206 --> 0 «« paper »» 11:12
Long ES @ 1206 «« paper »» 11:13
Exited 1/3 ES Long @ 1207 --> + 1 «« paper »» 11:15
exit stop set ES @ 1206.25 «« paper »»
Exited 1/3 ES Long @ 1207 --> + 1 «« paper »» 11:16
<szubaark>  Covered all YM Short @ 10375 --> - 10 11:18

:((
<FFT>  exit stop raised ES @ 1206.5 «« paper »»
Exited Remainder ES Long @ 1207.25 --> + 1.25 «« paper »» 11:19
Whoops, that was a mistake :(11:20
I'm supposed to hold on to my runner until I am stopped out.
* danshirley is now known as dan_away11:21
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.11:25
<FFT> Well there's my stop anyway11:29

SMH busting a move top the upside11:35

to the upside, that is
<NihabaAshi_away> Nothing worth to continue watching during lunchtime...11:47
* NihabaAshi_away is now known as NihabaAshi
<FFT> TRIN is breaking out to the upside now. Wierd that ES hasn't smoked to a new LOD yet.11:51
Market's just waiting for me to go to lunch before putting n a huge 10 point move ;)11:53
<NihabaAshi> Long ERE2 @ 654.30 small size11:54

ER2 not ERE2
<FFT> ASD line climbing back to zero11:59
<szubaark> bastids playing games12:00
<NihabaAshi> Exit all ER2 654.40 +0.1012:07
Looking to dump ES...heading out for lunch.12:08
<szubaark> this market sucks12:10
<NihabaAshi> Agree.12:12
I hate when price show some movement when I want to go to lunch...not a good situation for trading.12:13
<FFT> U can always take 6 even, cover your expense and go eat :)
<NihabaAshi> Oil stability above $60 kepted me from being in a deeper hole today.12:14
Covered all ES Short @ 1206.25 --> 0 12:16
Tired of watching the paint dry on this trade...be back later.
* NihabaAshi is now known as NihabaAshi_lunch12:17
<FFT> Cool, now we can tank ;)12:18
<szubaark> Now we can12:25
<FFT> Man, I ain't trading this.12:28
* FFT is now known as FFT_Lunch
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.12:37
* FFT_Lunch is now known as FFT13:01
<FFT>  Long ES @ 1204.25 «« paper »»
Not paper
* FFT on the ask13:04
<FFT>  Exited all ES Long @ 1205 --> + 0.75
<szubaark>  FFT coming in with Size13:10
<FFT> My massive one contract trade turned the market :)13:11
THink I'll go take a snooze.13:45
* FFT is now known as FFT_Zzz13:46
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.13:49
<codehead> oil hod14:22
<szubaark> thanks code14:24
<codehead> 61.125 oil
<szubaark> didnt even noticed
<codehead> yw

+1.70 oil14:30

whew
<Awash_afk> .14:33
<dan_away> so it was a 2 day U day :-)
<szubaark> yeah Crazy day..morning was tough
<dan_away>  Covered all YM Short @ 10295 --> + 92 «« paper »» 14:34

:-)
* FFT_Zzz is now known as FFT14:35
<FFT> Wow
<szubaark> dan!
<dan_away> U day from yesterday14:36
<szubaark> [10:20] <danshirley> prob take me the rest of the week to dig myself outa the hole i got into yesterday
<dan_away> heh heh
<szubaark> say thank you market
* NihabaAshi_lunch is now known as NihabaAshi14:41
<NihabaAshi> This thing dropped as soon as I went to lunch :(14:42
Not cool.
<szubaark> Niha it happened FAST.14:44

Did u get a Short signal before this drop?14:45
<NihabaAshi> Yes...I held the trade for as long as I could until I got tired and exited it at breakeven and went to lunch.14:46
* LC is now known as les14:52
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.15:01
<les>  Shorts ER2 @ 651.3 «« paper »» 15:34
<pdays>  Long YM @ 10310 «« paper »» 15:35
<les>  Covered 1/3 Short ER2 at 650.7 --> + 0.6 «« paper »» 15:39
<FFT> Tank to the close?15:40
<les>  exit stop lowered ER2 @ 651.2 «« paper »»

Covered 1/3 Short ER2 at 650.5 --> + 0.8 «« paper »» 15:41

exit stop lowered ER2 @ 650.9 «« paper »» 15:42
<FFT> Cya all tomorrow15:45
<les>  Covered remainder Short ER2 at 650.5 --> + 0.8 «« paper »» 15:49
* Disconnected 16:42
* Attempting to rejoin channel #FuturesTrades16:44
* Rejoined channel #FuturesTrades
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
<NihabaAshi> Notice: I will not be here on Friday...will be going to another Funeral in the U.S. on Saturday (2nd funeral of a close relative in 2 weeks)...tough times for the family right now :(16:49
Will be in Chicago for that weekend will not be trading until Wednesday...taking Monday and Tuesday off from the markets to re-energize.16:50
* DisconnectedSession Close: Wed Jul 06 16:51:06 200516:51