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WRB Analysis
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| Session Start: Wed Jul 09 01:58:46 2008Session Ident: #futurestrades |
* Now | talking in #futurestrades | 01:58 |
<@X> | [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTra desChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrad es.htm |
<nqlove> | is any1 home | 02:39 |
<@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 | 03:49 |
* codehead | is now known as codehead_afk | 04:00 |
<@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 | 05:52 |
<KN-SR> | Shorts ES @ 6423 | 06:41 |
<+KN-SR> | add 23 | 06:45 |
| s.l 32 | 06:46 |
| bbl |
| Covered 1/2 ES Short @ 6413 --> + 10 | 06:50 |
| add 15 |
| 6415 | 06:52 |
<+tzar> | KN-SR | 07:01 |
| gm | 07:06 |
| morning rickf | 07:09 |
<rickf> | mg |
<+rickf> | gm |
<+tzar> | ready for some dax trading | 07:11 |
| ? |
<+rickf> | when i wake up and get thru my coffee and morning inbox | 07:12 |
<+tzar> | :) |
| looks like dax is waiting for you |
| its slower then es |
<+rickf> | meh | 07:13 |
<+tzar> | seriously |
| look at it |
| wont move if you poke it with a stick |
<+rickf> | decent volume it looks like, but ranging | 07:14 |
<+tzar> | im short 6418 | 07:15 |
| somoene broke dax | 07:16 |
| and i have a good idea who |
| 06:54] <+KN-SR> add 15 | 07:17 |
| [06:55] <+KN-SR> 6415 |
| KN-SR touched it last |
| there we go | 07:18 |
| now we getting jumpy |
<+rickf> | if
you're gonna trade via dom, don't drink caffine, tzar -- makes the
contract move all over the place when you keep tapping the buttons
unconsiously | 07:19 |
| :) |
<+tzar> | hahaha |
<+rickf> | that happened to me a few weeks ago actually |
| i double-tapped the dom and was short 16 es instead of 8 | 07:20 |
| was like 'why did i hear a SECOND chime for a market fill? |
| thankfully it worked in my favour and it was a lucky mistake |
<+tzar> | paper? |
<+rickf> | yep |
<+tzar> | another relief :) |
<+rickf> | i've been short 16 for real due to broker error -- happened back in jan | 07:21 |
<+tzar> | was it in your fav? |
<+rickf> | nope - down 4K but the broker credited me the difference because it was a problem with their clearing house | 07:22 |
<+tzar> | out 15.5 +2.5 |
<+rickf> | was one of the last times i traded futs there |
<+tzar> | no kidding | 07:23 |
| im going to scalp here |
| in order to earn myself a 10 pt stop |
<+rickf> | gl | 07:24 |
<+tzar> | short 18.5 |
| learning from kn :) | 07:25 |
<anglo> | gm all | 07:28 |
<jsbach> | there is only so much u can learn from him tzar :) |
<+jsbach> | gm | 07:29 |
<Trader> | . |
<+jsbach> | tzar, you should use his forum page |
<+tzar> | my stop was just hit |
| all i did is go to washroom |
| whos fault is that | 07:30 |
<+jsbach> | tzar what's up |
<+tzar> | nm |
| trading dax |
| got stopped out on second treade |
| cuase i wasnt here | 07:31 |
<+jsbach> | you should post any questions you have to KN's forum page |
<+anglo> | imagine putting a limit at your stop and a stop at your limit and going to washroom |
<+rickf> | anglo -- zmfg! :( |
<+tzar> | grate hits my stop and right back down |
<+jsbach> | it's important to use that forum page (instead of this channel) for educational questions |
<+tzar> | jsbach thanks for the suggestion |
| gm anglo | 07:32 |
<+anglo> | gm tzar |
<+jsbach> | any time tzar |
<+tzar> | im still short bias on this thing | 07:33 |
<+jsbach> | one
question I have that I was considering posting on the forum has to do
with his 1.25 stops...fairly narrow stop, would require some accuracy.
i wonder what types of congruences he uses to come up with those levels. |
<+tzar> | short 6423 | 07:34 |
<+anglo> | rickf??? |
<+tzar> | where is the volotility in dax | 07:35 |
| yesterday was nice |
| today slow as es |
<+jsbach> | i
think next resistance es 77..short from around that area is ideal..esp.
from 79. if we get into the 80s then I am bullish until 1291 |
<+tzar> | out 21.5 +1.5 | 07:38 |
| long 22.5 | 07:39 |
| out 24.5 +2 | 07:40 |
| volotility picking up | 07:41 |
| short 21 | 07:45 |
<Widgetman> | what ya playin tzar ? | 07:49 |
<+tzar> | dax |
<@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 | 07:58 |
<+KN-SR> | Shorts ES @ 1277.25 | 08:03 |
| s.l 1.25 |
<+tzar> | hi KN-SR |
<+KN-SR> | hi tzar |
| bbl | 08:04 |
| Covered 1/2 ES Short @ 1275.75 --> + 1.5 | 08:09 |
<+Trader> | KN yesterday you wrote that we will have a crash or a big decline between 10:30 and 1:30. What was that based on? | 08:25 |
<palmer> | can someone help me with the password for the room | 08:31 |
<+palmer> | trying to install mirc on another computer | 08:32 |
| but i can't remmeber the password for this room |
<@NihabaAshi> | I'll give you the link to the password... |
<+palmer> | ok |
| thnks |
<@NihabaAshi> | http://thestrategylab.com/forum/index.ph p?board=39.0 |
<+tzar> | gm niha | 08:33 |
<jsbach> | good morning Niha. I thought you were on vacation. |
<@NihabaAshi> | I start my full vacation on Friday afternoon |
| Yet,
the stay at home vacation started about a week ago...reason why I've
had some day's off from trading or long periods away from the markets
during the trading day. | 08:34 |
<+jsbach> | brb | 08:36 |
<@NihabaAshi> | I then return back to part-time trading sort'uv speak on Wednesday until Friday 18th where I will be gone for a week. |
<ripsboy> | gm folks... | 08:37 |
<+rickf> | ok tzar yeah, dax is lazy this morning | 08:40 |
<+tzar> | told you |
<+rickf> | yes but now i have coffee in my veins and can see that :) |
<+tzar> | i did manage to make a low of -600 euro |
| im at -125 now |
| climbing back |
| short 6450 | 08:41 |
| paper | 08:42 |
| out 6448 +2 | 08:43 |
| long 6449 |
| it will pop now |
| i hope |
<+anglo> | very tight stops tzar. I wonder how you do that. | 08:45 |
<+tzar> | not a stop | 08:46 |
| exit and take long |
| cuase es moved up |
<+anglo> | I meant in general, not this last trade |
<+tzar> | wooo | 08:47 |
| im break even on the dot |
| my pop came |
| :) |
| just down 90$ on fees |
<+anglo> | that's not much in dax | 08:48 |
<+tzar> | but came back from all the way of -600 using 1-2 ct |
| seems like dax taking the leading role | 08:50 |
| ES acting as an anchor |
| rickf whats your bias of dax right now | 08:51 |
| short or long |
<+rickf> | cautious long |
<+tzar> | short 6450 | 08:52 |
| out +1 tick |
| crap |
| all the buying on es scared me | 08:53 |
<+anglo> | AP: 22 minutes ago | 08:55 |
| TEHRAN,
Iran - Iran test-fired nine long- and medium-range missiles Wednesday
during war games that officials said aimed to show the country can
retaliate against any U.S. and Israeli attack, state television
reported. |
<+tzar> | read that already |
| will push oil up you think/ |
<+anglo> | dunno. oil is dropping because corn dropped hard | 08:56 |
| maybe a big down in oil is just ahead to $120-$100 methinks | 08:57 |
<+tzar> | mehopes :) |
<+anglo> | that could be bullish stocks |
<+tzar> | i hate oil |
<jsbach> | anglo, the news you just posted should cause an increase in oil price | 08:58 |
<+anglo> | dunno jsbach...war with iran has been in news/oil price forever |
<+tzar> | toyota prius... will have solar panels on roof | 08:59 |
<+anglo> | yeah...and a tube direct to the driver...to run on farts... |
<+tzar> | short 6442 | 09:01 |
<nqlove> | today dax's action seems depressed |
<+tzar> | no kidding |
<+anglo> | nq my key man...how r you doin? | 09:02 |
<+tzar> | esit 6440 +2 | 09:05 |
| short 6438 |
| that one is a mistake |
<+Trader> | KN r u here? | 09:07 |
<+jsbach> | Trader |
| You should use the forum so that we can all learn from the answer to your question. | 09:08 |
<+tzar> | rickf can you do me a fav? |
<+jsbach> | Also, it will keep trading disruptions to a minimum. that is the purpose of the forum. |
<+rickf> | ? |
<+tzar> | run to kn's house, tap the down arrow button few times..? |
<+rickf> | :0 | 09:09 |
| :) |
<+Trader> | short es 1276 psper |
<+tzar> | would really appreciate |
| look at how 6440 is holding on dax | 09:10 |
| amazing | 09:11 |
<+rickf> | not really -- support earlier around 6435 | 09:12 |
<+jsbach> | Anyone
know of a broker that provides free platform? I need to start a 2nd
trading account but I'm already paying for too much software...Any
suggestions? |
<+rickf> | open ecry is free | 09:13 |
| free data too |
<+tzar> | infinity at is free |
<+jsbach> | thanks rick |
<+nqlove> | isnt it 25$ per month |
<+tzar> | free data too |
<+rickf> | the simulator is 25/mo |
<+jsbach> | infinityAT is not free by my recollection...I believe it's free to simulate... |
<+nqlove> | so the data is free? |
<+tzar> | jsbach i use it , its free | 09:14 |
<+jsbach> | okay, thanks tzar |
<+rickf> | far as i know, i am not paying extra for it |
<+tzar> | i highly recommend it |
<+jsbach> | I have simulated with infinityAT. I like the platform. |
| I will compare with open ecry and go from there. | 09:15 |
<+rickf> | tho openecry is being bought by optionsxpress |
<+tzar> | 24 trades later im up 120 $ usd .. from a low of -600 euros |
| im done for the day |
<+rickf> | i left oxps because their futures execution for intraday was horrible |
| *fingers crossed* |
<Splurge> | gm all |
<+jsbach> | tzar: nice job.... | 09:16 |
<+tzar> | thanks |
| thats after fees too! |
<+nqlove> | my execution on metatrader is horrible and way too slow |
<+tzar> | that 38 short screwed me | 09:17 |
<+nqlove> | i am thinking of getting funds out to a ninja based platform |
<+tzar> | but i avg and made taht trade profitable |
<+nqlove> | long DAX 42 |
<+tzar> | nqlove paper or real? |
<+nqlove> | real | 09:18 |
<+Splurge> | guys could do with some advice here...Anyone have any experience with Alienware pcs? They are an offshoot of Dell apparently |
<+tzar> | cool :) |
<+nqlove> | during euro session its ok |
| but in us session it laggs way too much |
| i trade DAX in euro session |
<+tzar> | me too | 09:20 |
| but waking up at 2 am |
| tough |
| staying awake is even tougher |
<+nqlove> | yeah i was here today |
| but didnt see u | 09:21 |
<+tzar> | i wasnt |
<+nqlove> | in your pyjamas? |
<+tzar> | i came at 7 am |
| :) |
| at 2 am i was on my 8th dream |
<+nqlove> | i like to scalp DAX for 10 pts a go |
| but on metatrader my size is limited | 09:22 |
<+tzar> | KN-SR likes dax too | 09:23 |
<+rickf> | sheesh hope the day picks up, i got up early for this? |
<+tzar> | he gets crazy trades |
| 50+ pts |
| trying to follow him |
<+rickf> | zup szu | 09:24 |
<+nqlove> | today DAX's ADR is out of place |
<szubaark> | hi |
<+tzar> | ADR? |
| hi szubaark |
<+nqlove> | i pray that the DAX spikes upwards |
<kantor> | gm all |
<ItalianSharp> | morning all |
<+nqlove> | yes average daily range |
<+tzar> | oh ok |
<futurible> | gm all |
<+nqlove> | usually it is 200 |
<+rickf> | much heavier volume in the dax today | 09:25 |
<drt> | gm everyone | 09:29 |
<+Trader> | cover es 1276 o paper | 09:31 |
<werner> | gm all |
<PapaJon> | gm all | 09:32 |
<@NihabaAshi> | Shorts ER2 @ 681.20 -> large size |
| Covered ER2 Short @ 682.00 --> - 0.8 | 09:35 |
| Long ER2 @ 682.10 -> large size |
<+szubaark> | Shorts ES @ 1278.25 «« paper »» |
| exit stop set ES @ 1279.25 «« paper »» | 09:36 |
* +jsbach | short ES @ 1278 |
<@NihabaAshi> | Exited ER2 Long @ 682.20 --> + 0.1 |
| Shorts ER2 @ 681.60 -> large size |
<silo> | nq dropping hard | 09:37 |
<+szubaark> | Covered all Short ES at 1276.75 --> + 1.5 «« paper »» |
* +subq | --market profile chart for today-- - http://www.charthub.com/chart/search/mpc hart | 09:38 |
<+jsbach> | ty subq |
<@NihabaAshi> | :( | 09:39 |
<+subq> | no, legend for those that need it - http://forum.futurestradingdaily.com/blo g.php?b=36 |
| noproblem i mean :) |
<@NihabaAshi> | Covered 2/3 ER2 Short @ 680.30 --> + 1.3 | 09:40 |
| be back later...got a family issue here |
| exit stop lowered ER2 @ 681.50 |
* NihabaAshi | is now known as NihabaAshi_away | 09:41 |
<startrader> | Long NQ @ 1864 |
<+rickf> | short dax 6439.25 paper | 09:42 |
* NihabaAshi_away | is now known as NihabaAshi | 09:45 |
<+startrader> | Exited 1/2 NQ Long @ 1866 --> + 2 |
<@NihabaAshi> | Covered ER2 Short @ 680.50 --> + 1.1 | 09:46 |
| :( |
<+rickf> | exit dax 6535.25 +4 paper |
<+startrader> | Exited Remainder NQ Long @ 1870 --> + 6 | 09:47 |
<Mauro> | Shorts ER2 @ 681.9 |
<+Mauro> | Covered all ER2 Short @ 680.8 --> + 1.1 | 09:48 |
<@NihabaAshi> | Shorts ER2 @ 680.20 -> large size |
<+rickf> | short dax 6435 paper | 09:49 |
<@NihabaAshi> | Covered 2/3 ER2 Short @ 678.90 --> + 1.3 | 09:51 |
<+szubaark> | Shorts ES @ 1273 «« paper »» | 09:52 |
<@NihabaAshi> | Shorts ER2 @ 678.30 -> small size | 09:53 |
<+rickf> | exit 1/2 dax 6524 + 11 paaper |
| h1 |
| exit remainder dax 6528 +8 paper | 09:56 |
<+szubaark> | exit stop moved to breakeven ES @ 1273 «« paper »» |
<+KN-SR> | Long ES @ 1271.5 | 09:57 |
| s.l 1.25 |
<+szubaark> | Covered all Short ES at 1273 --> 0 «« paper »» |
<@NihabaAshi> | Covered ER2 Short @ 678.20 --> + 0.1 | 09:58 |
<+KN-SR> | Exited 1/2 ES Long @ 1272.25 --> + 0.75 |
| nop |
<+rickf> | short dax 6429.50 paper |
<@NihabaAshi> | Geeesh...couldn't even reverse into a Long position |
<+KN-SR> | Exited 1/2 ES Long @ 1272.75 --> + 1.25 |
<+szubaark> | Shorts ES @ 1272.25 «« paper »» | 10:00 |
<@NihabaAshi> | Long ER2 @ 678.40 -> medium size | 10:01 |
<+rickf> | exit 1/2 dax 6423.50 +6 paper | 10:02 |
<@NihabaAshi> | oh oh... |
<+rickf> | there we go |
| broke 6423 |
<+szubaark> | exit stop moved to breakeven ES @ 1272.25 «« paper »» | 10:03 |
<@NihabaAshi> | Exited ER2 Long @ 677.70 --> - 0.7 |
<+szubaark> | Covered all Short ES at 1271 --> + 1.25 «« paper »» | 10:04 |
| real jumpy again |
<+rickf> | exit remainder dax 6421 |
* +rickf | figures :( |
<@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 |
<@NihabaAshi> | Shorts ER2 @ 677.10 -> large size | 10:05 |
| missed another position reversal opportunity |
<+rickf> | short dax 6419 paper | 10:06 |
<+startrader> | Long ES @ 1269.50 |
<+rickf> | exit 1/2 dax 6415 +5 paper |
<+startrader> | Exited 1/2 ES Long @ 1271 --> + 1.5 | 10:07 |
<@NihabaAshi> | Covered ER2 Short @ 678.10 --> - 1 |
<+silo> | Long ER2 @ 678.40 «« paper »» | 10:08 |
<+rickf> | exited remainder dax 6422 -3 paper |
<@NihabaAshi> | Long ER2 @ 678.40 -> large size | 10:09 |
<+rickf> | short es 1271.75 paper | 10:10 |
<+startrader> | Exited Remainder ES Long @ 1272.50 --> + 3 |
<@NihabaAshi> | Exited ER2 Long @ 678.60 --> + 0.2 | 10:12 |
<+szubaark> | Shorts ES @ 1272.25 «« paper »» | 10:15 |
<+silo> | Long ER2 @ 679.20 -> Add «« paper »» | 10:16 |
<+Trader> | KN why do you think we will drop between 10:30 and 1:30? |
<+startrader> | Shorts ES @ 1274 | 10:18 |
<+tzar> | oil report coming out in 9 min people |
<+Mauro> | thanks tzar |
<+tzar> | welcome | 10:19 |
<+startrader> | Shorts ES @ 1275.25 -> Add | 10:20 |
| Covered all ES Short @ 1276 --> - 2.75 | 10:23 |
<@NihabaAshi> | weak resistance area ER2 |
<+silo> | Exited all ER2 Long @ 681.50 --> + 5.4 «« paper »» |
<+tzar> | 2 min til oil report | 10:25 |
<jsbach> | ty tzar | 10:26 |
<@NihabaAshi> | Long ER2 @ 682.10 -> small size | 10:27 |
<Flex> | morning all | 10:29 |
<+jsbach> | morning |
<@NihabaAshi> | Exited ER2 Long @ 681.80 --> - 0.3 | 10:31 |
<+Trader> | Kn is oil the reason for your prediction of a drop in the market | 10:33 |
| KN Wake Up | 10:34 |
<+jsbach> | trader: why don't you do as I suggested and use the forum? |
<+Trader> | I did not see you suggestion . SORRY |
<+jsbach> | sorry for the ugly colors? no problem :P | 10:35 |
<@NihabaAshi> | Best to use the pm here or use the forum |
<+Trader> | OK |
<+rickf> | short es 1275,.50 paper |
<@NihabaAshi> | Shorts ER2 @ 679.80 -> large size | 10:36 |
| no fill 680.20 :( |
<+jsbach> | market acting squirrely | 10:37 |
<TX> | oil inventories out |
<+jsbach> | and? | 10:38 |
<+TX> | oil spiked up $2 |
| missed figures |
<lip> | crude inventories down 5.9 mil brls |
<+TX> | get them in 1m |
<@NihabaAshi> | Pin Ball Machine | 10:39 |
<+TX> | thx lip |
<+jsbach> | ty lip |
<+lip> | yw |
<+rickf> | exit 1/2 es 74.25 +1.25 paper | 10:40 |
<@NihabaAshi> | Covered ER2 Short @ 680.20 --> - 0.4 |
<+rickf> | exit remaidner 75 +.25paper |
<@NihabaAshi> | couldn't hold it with that missing 4 tick wiggle room :( |
| Shorts ER2 @ 679.50 -> large size | 10:41 |
| Covered ER2 Short @ 680.00 --> - 0.5 | 10:42 |
| will sit and watch this develop as a "range" | 10:43 |
| Shorts ER2 @ 679.00 -> large size | 10:45 |
| Covered ER2 Short @ 678.90 --> + 0.1 | 10:46 |
| 4 trades today I think I had that retraced and picked off a +0.1 trailing stop. | 10:47 |
| Will expand my trail to +0.3 | 10:48 |
<pdays2> | Shorts ES @ 1274 | 10:49 |
<+pdays2> | Covered all ES Short @ 1273 --> + 1 | 10:50 |
<@NihabaAshi> | volatility contracting | 10:51 |
| Long ER2 @ 679.60 -> medium size | 10:52 |
<+silo> | hey max | 10:53 |
| :) |
| sup dj |
<Baxwill1> | Thks Silo |
<+jsbach> | DJ :) | 10:54 |
<DJ> | hello |
<@NihabaAshi> | 2.2 contraction range |
| Pin Ball Machine price action | 10:55 |
| Exited ER2 Long @ 681.00 --> + 1.4 | 10:57 |
| lucky trade due to the help from the Pin Ball Machine price action | 10:58 |
<pat255> | :) |
<DJ> | :-d |
<+Baxwill1> | Not Lucky, GOOD! |
<+DJ> | so, we are in | 10:59 |
<+Baxwill1> | Yea, how bout that :) |
<@NihabaAshi> | Shorts ER2 @ 681.60 -> small size | 11:04 |
| tough trade...not looking for much | 11:05 |
| Covered ER2 Short @ 681.10 --> + 0.5 | 11:07 |
| Long ER2 @ 681.10 -> small size | 11:12 |
| dropped my position size a little more |
| Exited all ER2 Long @ 681.80 --> + 0.7 | 11:13 |
<+Mauro> | Shorts ER2 @ 681.8 |
<@NihabaAshi> | ER2 range of difficulty is 682.20 - 680.70 | 11:15 |
<+Mauro> | Covered 1/2 ER2 Short @ 680.8 --> + 1 |
<+szubaark> | Volatility spike |
<+jsbach> | hmm |
<+silo> | hey szu |
<@NihabaAshi> | Long ER2 @ 681.00 -> small size |
<+Mauro> | Covered Remainder ER2 Short @ 680.5 --> + 1.3 | 11:16 |
<Nesi> | nice Mauro |
<+silo> | i see niha is trying to get a discount here |
| :) |
| hehe |
<+Mauro> | gracias Nesi |
<+jsbach> | haha |
<@NihabaAshi> | 1 contract only for the remainder of the day unless volatility returns to normal |
| Pin Ball Machine price action again :( | 11:19 |
| Exited ER2 Long @ 681.10 --> + 0.1 | 11:20 |
| Houdini Escape |
| Long ER2 @ 680.70 -> small size | 11:24 |
| 3 tick trail active | 11:25 |
<+silo> | Long ER2 @ 682.10 -> medium size «« paper »» |
<@NihabaAshi> | Exited ER2 Long @ 682.00 --> + 1.3 | 11:26 |
<+szubaark> | Covered all Short ES at 1277 --> - 4.75 «« paper »» |
| Buys ES @ 1277 «« paper »» |
<+Mauro> | Shorts ER2 @ 682.2 |
<+silo> | Long ER2 @ 682.50 -> Add «« paper »» |
| higher lows in all indexes | 11:27 |
| since 10am |
<@NihabaAshi> | Looks like Oil and Gold want to retrace their gains for the day |
<+szubaark> | hopefully we break out of this tight range | 11:28 |
<+Mauro> | Covered all ER2 Short @ 683.4 --> - 1.2 | 11:29 |
<@NihabaAshi> | ER2 trying to breakout above yesterday's highs |
* +jsbach | add 1 @ 1278 | 11:30 |
| (short ES) |
<+Mauro> | Shorts ER2 @ 683.1 | 11:31 |
<+szubaark> | Exited all Long ES at 1277 --> 0 «« paper »» |
<+silo> | yeah |
<+szubaark> | Shorts ES @ 1277 «« paper »» |
<+silo> | i might as well just use my pivot entry as stop, and let it ride a little longer see if it breaks out of today's high |
| better risk and reward this way |
<+jsbach> | we broke out of the downward acceleration 30mins ago | 11:32 |
* +DJ | is now away - Reason : bbl | 11:36 |
<+Mauro> | Covered 1/2 ER2 Short @ 682.5 --> + 0.6 |
| Covered Remainder ER2 Short @ 682.1 --> + 1 | 11:37 |
<+silo> | Exited 1/2 ER2 Long @ 682 --> - 0.5 «« paper »» |
| Exited 1/2 ER2 Long @ 681.70 --> - 0.4 «« paper »» |
| was upstairs getting food |
| missed a possible exit near 684 hehe |
* codehead_afk | is now known as codehead | 11:39 |
<+szubaark> | Covered all Short ES at 1274.50 --> + 2.5 «« paper »» | 11:41 |
* szubaark | is now known as szubaark_Away |
<+rickf> | back | 11:44 |
<+jsbach> | wb | 11:48 |
<@NihabaAshi> | Shorts ER2 @ 680.70 -> small size | 11:55 |
| oh oh | 11:57 |
| Covered ER2 Short @ 680.50 --> + 0.2 |
| Houdini Escape | 11:58 |
| 3rd one of the day in which I escaped with a profit out of a bad trade decision. |
| On that note...will go to lunch to take a break |
* NihabaAshi | is now known as NihabaAshi_away |
<+silo> | sideway market today eh? | 12:07 |
<@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 | 12:08 |
<+rickf> | short er2 680.5 paper | 12:11 |
<+silo> | Long ER2 @ 682.30 «« paper »» |
<+rickf> | exit 1/2 er2 679.5 +1 paper | 12:12 |
<+silo> | that's supposed to be 680.30 |
| Exited all ER2 Long @ tgawetetewta --> + tgawetetewta - 682.30 «« paper »» |
| Long ER2 @ 680.30 «« paper »» |
| there we go | 12:13 |
<+rickf> | exit er2 remainder 680 +.5 paper |
| short es 1273 paper | 12:14 |
<+silo> | Exited all ER2 Long @ 679.50 --> - 0.8 «« paper »» |
| Long ER2 @ 680.20 «« paper »» | 12:18 |
| second stupid trade | 12:24 |
| trying to trade this chop here |
| hehe |
| riskier trade |
| last one.. if it doesn't work out |
| Exited all ER2 Long @ 679.40 --> - 0.8 «« paper »» | 12:26 |
* +DJ | is no longer away : Gone for 1 hour 19 seconds | 12:36 |
<+rickf> | exit es 1270.50 +2.5 paper | 12:37 |
| er 3.5 paper |
<+jsbach> | ES... :) | 12:39 |
| broke important support |
<+rickf> | short es 1269 paper |
| sheesh | 12:48 |
| exit 1268,50 paper +.50 | 12:49 |
| ...and now it will head down | 12:50 |
| short es 1269.25 paper | 12:53 |
<+silo> | Long ER2 @ 677.40 «« paper »» | 12:54 |
<+rickf> | exit es 1269.25 b/e | 12:59 |
<+silo> | Exited ER2 Long @ 676 --> - 1.4 «« paper »» | 13:01 |
| Reverse and Enter Short ER2 @ 676 «« paper »» |
* szubaark_Away | is now known as szubaark |
<+szubaark> | hehe..nice i missed all the CHOP | 13:02 |
<+rickf> | short es 1266.75 paper | 13:09 |
<+silo> | Shorts ER2 @ 674.40 -> Add «« paper »» |
<Andy> | Long ES @ 1265.75 «« paper »» | 13:12 |
<+silo> | Covered all ER2 Short @ 675.50 --> - 0.6 «« paper »» |
<+Andy> | Exited 3/4 ES Long @ 1267 --> + 1.25 «« paper »» | 13:13 |
<+codehead> | YM got within a tick of a .618 retracement point, missed it while working | 13:14 |
| yesterday's mid-day low to the high of today |
| long 1c YM 11293 <paper>, stop 11279 | 13:17 |
| just for tracking purposed--was only interested in first test for real |
<+Andy> | Long ES @ 1266 -> Add «« paper »» |
<+codehead> | if it gets to 11262 i might buy there |
<+Andy> | Exited 2/3 ES Long @ 1266.75 --> + 0.75 «« paper »» |
<+codehead> | 11258-11262 | 13:18 |
<+Andy> | Exited 1/4 ES Long @ 1267.25 --> + 1.5 «« paper »» | 13:19 |
<+codehead> | exit YM 11310 <paper> +17 |
<+Andy> | Exited Remainder ES Long @ 1268 --> + 2.25 «« paper »» | 13:21 |
<+jsbach> | faders :) | 13:24 |
| I moved stop profit to 1270, expecting price to use old support as new resistance |
| does oil look like it's topping? |
| n/m I will pull it up | 13:25 |
<+szubaark> | Shorts ES @ 1266.50 «« paper »» | 13:27 |
<+rickf> | exit es 68.75 -2 paper | 13:32 |
<+szubaark> | i misssed my Long@65 :(( | 13:33 |
| now in a sloppy Short |
<+codehead> | .618 retracement gave a nice bounce |
| szu: was also a 3 min vegas setup on YM, and ES and ER had 5-min ghosts setup | 13:34 |
<+Andy> | Shorts ES @ 1269.75 «« paper »» | 13:35 |
<+szubaark> | came back missed the Long so went Short instead, lets see how much Ill pay :(( |
| Hopefully I can make small Profit for day and quit as im getting Too Sloppy Today. | 13:36 |
<+rickf> | short es 1269.25 paper sm sz |
<+Andy> | Covered 3/4 ES Short @ 1268.75 --> + 1 «« paper »» |
| Covered Remainder ES Short @ 1269.5 --> + 0.25 «« paper »» | 13:37 |
| For
those of you interested in trader psychology, I highly recommend a book
that has practical sections relevant to trading: "Zen in the Martial
Arts" by Joe Hyams | 13:40 |
<+rickf> | szu - same here | 13:41 |
| havent had many good entry signals and been mostly scalping :( |
<+szubaark> | this takes 110% Concentration and my mind in wandering today so best to Stop trading soon | 13:42 |
<+rickf> | this is like watching paint dry | 13:45 |
<+szubaark> | most days it is LOL |
<+rickf> | midday chop |
| exit es 1268 +1.25 paper | 13:48 |
<+silo> | Shorts ER2 @ 676.60 «« paper »» | 13:54 |
| Shorts ER2 @ 676.30 -> Add «« paper »» | 14:01 |
<+szubaark> | Covered all Short ES at 1264.50 --> + 2 «« paper »» | 14:02 |
<+codehead> | nice |
<+rickf> | wtf | 14:03 |
<+szubaark> | thx.. done trading for today... I cant focus today and my Entries are sloppy |
<+startrader> | Long ES @ 1264.25 |
| Exited 1/2 ES Long @ 1266.50 --> + 2.25 | 14:05 |
<+silo> | Covered all ER2 Short @ 677.30 --> - 1.7 «« paper »» | 14:08 |
<+startrader> | Exited Remainder ES Long @ 1267 --> + 2.75 | 14:09 |
<@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 | 14:11 |
<+rickf> | i'm done for the day. see y'all tomorrow | 14:16 |
<+startrader> | they are leaving, must mean things are about to get good. | 14:17 |
<+codehead> | oil slipping, nearing floor close |
| near lod | 14:18 |
<+startrader> | see if iran or russia rattle any more sabres, they both tried the last couple days. |
| Long ES @ 1262.25 | 14:37 |
<+Andy> | Long NQ @ 1855.75 «« paper »» | 14:39 |
| Exited 3/4 NQ Long @ 1856.75 --> + 1 «« paper »» | 14:40 |
| Exited Remainder NQ Long @ 1858.5 --> + 2.75 «« paper »» | 14:43 |
<+startrader> | Long ES @ 1261.50 -> Add | 14:45 |
<+codehead> | Ym got to within a tick of my buy mentioned ealrier (11262) | 14:47 |
| I did end up paying a little more and scalping for 10, not sure about longs yet | 14:48 |
| 11258 is a fib level form yesterdya lod to today's hod, .618 retracement | 14:49 |
| didn't hit that yet |
<+startrader> | Long ES @ 1261 -> Add | 14:51 |
<+codehead> | long 1c YM 11258 <paper> | 14:53 |
<+startrader> | Exited all ES Long @ 1959.25 --> + 1395.25 |
| Exited all ES Long @ 1259 --> - 3.25 | 14:54 |
| Long ES @ 1256.50 | 15:01 |
<DJ> | close to a bear turn at 1252 | 15:02 |
<+Andy> | Long NQ @ 1842.75 «« paper »» | 15:07 |
| Long NQ @ 1842 -> Add «« paper »» | 15:08 |
| Exited all NQ Long @ 1841.75 --> - 1.25 «« paper »» | 15:09 |
* NihabaAshi_away | is now known as NihabaAshi | 15:10 |
<+Andy> | Long NQ @ 1840.25 «« paper »» | 15:15 |
| Exited 2/3 NQ Long @ 1842.5 --> + 2.25 «« paper »» | 15:16 |
<+szubaark> | nice andy |
<+Andy> | gracias szu | 15:17 |
<@NihabaAshi> | Shorts ER2 @ 669.00 -> small size |
| 2 only |
<+tzar> | hey Andy, how you been doing |
<+Andy> | hello tzar...house renovations :( | 15:18 |
| killing me |
<+tzar> | :( |
| think how nice it will be after it all done |
<+Andy> | but...got it done and now on vacation...how are you? |
| Exited Remainder NQ Long @ 1841 --> + 0.75 «« paper »» |
<+KN-SR> | nice Andy | 15:19 |
<@NihabaAshi> | tighten trail | 15:20 |
| Covered ER2 Short @ 668.70 --> + 0.3 |
<+KN-SR> | Long ES @ 255.75 |
| s.l 1.25 | 15:21 |
| Exited 3/4 ES Long @ 256.75 --> + 1 |
<@NihabaAshi> | Shorts ER2 @ 668.50 -> small size |
| Covered ER2 Short @ 669.00 --> - 0.5 | 15:23 |
| Reverse and Enter Long ER2 @ 669.00 |
| tighten trail | 15:25 |
<+KN-SR> | Exited 2 ES Long @ 257.75 --> + 2 | 15:27 |
<@NihabaAshi> | Exited ER2 Long @ 669.30 --> + 0.3 | 15:28 |
<+KN-SR> | Covered ES Short @ 257 --> - 1.25 |
| Reverse and Enter Long ES @ 257 |
| nop |
| Shorts ES @ 257 | 15:29 |
| Covered 3/4 ES Short @ 256 --> + 1 |
| s.l 1.25 |
<+Widgetman> | hehe |
<+KN-SR> | typed all day |
<+Widgetman> | up no down |
<+KN-SR> | my fingers are killing me |
<+Widgetman> | I bet |
| my eyes are tryin to watch ya |
| hehe | 15:30 |
<+KN-SR> | Covered ES Short @ 256.75 --> + 0.25 | 15:31 |
| Reverse and Enter Long ES @ 256.75 |
| Covered ES Short @ 257.25 --> - 0.5 | 15:32 |
| Reverse and Enter Long ES @ 257.25 |
| nop |
| Shorts ES @ 257.25 | 15:33 |
<+Widgetman> | dang KN |
| I never seen ya trade this much so quick |
| hehe |
<+tzar> | brb |
<+KN-SR> | stop 58.25 |
| you havent seen me scalping ....... |
<+szubaark> | lol |
<+KN-SR> | :) | 15:34 |
<+Widgetman> | I take ADHD meds |
| ya want some ? |
| hehe |
| |
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<@NihabaAshi> | Shorts ER2 @ 668.60 -> small size |
<+KN-SR> | wasnt trading all day | 15:35 |
| and now this market is dead |
<@NihabaAshi> | should'uv removed that order sitting there |
| Covered ER2 Short @ 668.60 --> 0 | 15:37 |
| Houdini Escape | 15:38 |
| support just broken | 15:39 |
| Shorts ER2 @ 667.30 -> small size |
<+KN-SR> | Covered 3/4 ES Short @ 251.25 --> + 6 | 15:41 |
<@NihabaAshi> | Covered 1/2 ER2 Short @ 664.70 --> + 2.6 |
<+KN-SR> | Covered 2 ES Short @ 250.25 --> + 7 | 15:43 |
| h5 |
| Covered 1 ES Short @ 249.25 --> + 8 | 15:44 |
| Covered 1 ES Short @ 248.25 --> + 9 |
| Covered 1 ES Short @ 247.25 --> + 10 | 15:45 |
| done 10+ trade :) |
| h3 |
<@NihabaAshi> | Covered Remainder ER2 Short @ 663.60 --> + 3.7 |
<+KN-SR> | and we should see 37.75 today | 15:46 |
| sometime in glbex session |
<@NihabaAshi> | I'm surprised I called a nice winner after missing most of the price action from 12noon - 1510pm est | 15:47 |
<+KN-SR> | :) |
| nice trade Niha |
<@NihabaAshi> | :) | 15:48 |
<+szubaark> | yup, nice left right Niha |
<@NihabaAshi> | Yeah...I was just starting to get a little bullish and then that support bottom collapsed |
<+Andy> | Long NQ @ 1247.75 «« paper »» | 15:54 |
| Exited 3/4 NQ Long @ 1248.25 --> + 0.5 «« paper »» | 15:56 |
| Exited Remainder NQ Long @ 1247.25 --> - 0.5 «« paper »» |
<+KN-SR> | Covered 1 ES Short @ 245.25 --> + 12 | 16:00 |
<+werner> | gn all | 16:04 |
<+KN-SR> | so we had the big drop started at 11 | 16:09 |
<+anglo> | wtg KN | 16:11 |
<+KN-SR> | :) |
| the timing was perfect, as i told yesterday, but i couldnt cash in , was too busy with project , couldnt leave | 16:12 |
<+anglo> | that must be the output of a predictive tool. if it is a neural net...it is the best ever. | 16:14 |
<@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 | 16:17 |
<+KN-SR> | Anglo, remebr the taylors theory? |
<+anglo> | y | 16:18 |
<+KN-SR> | we have all the tool infront of us, just need to manage time to use those |
<Widgetman> | dang |
<+Widgetman> | wtf happened ? |
<+Andy> | volume was reduced to the point that a big player could step in and do with price what he/she pleased | 16:19 |
<+anglo> | volume was almost as big as yesterday Andy according to what I see | 16:22 |
<+KN-SR> | :) |
| nop see the trend |
| and the vol against it |
| what is the the base / fundamental for such a big upside move? | 16:23 |
<+anglo> | what do you mean? |
<+KN-SR> | there is absolutely no reason why price should move up like that |
<+anglo> | short covering |
<+KN-SR> | only explaination is, |
| yes |
| bingo |
| and they short again today from the pull back |
| isnt that a good idea to short from the pull back? | 16:24 |
<+anglo> | that does not explain the 11 am prediction from the previous day...however. |
| :) | 16:25 |
<+Widgetman> | I think we retrace some in AM |
| but overall mkts still weak |
<+KN-SR> | yes |
<+Widgetman> | lotta 401k's blowing up |
| I been cash for 18 months waiting on this |
<+KN-SR> | no fundamental...........no up move.............if there is any...........thats pull back |
| simple and easy |
| taylor days........ only difference is is not 3 days classic anymore, sometimes takes 5-7 days | 16:26 |
| as Andy spots the turning points, the taylor completes a phase in the cycle of 3 | 16:27 |
| its classic supply demand model, just need to adjust with the market | 16:28 |
| to be adjusted |
<+Widgetman> | man I wish I understood this game bettter | 16:29 |
<+anglo> | ok you mean Andy says as volume dried up on the upmove it turns? | 16:30 |
<+KN-SR> | yes |
<+anglo> | ok. I had misunderstood Andy. |
<@NihabaAshi> | FYI
- Anybody in here that wants to ask a #FuturesTrades member questions
about his/her trading...post your questions via private message to the
trader or at the discussion forum...especially if the trader doesn't
respond to your questions in #FuturesTrades. |
| http://thestrategylab.com/forum/index.ph p?board=58.0 | 16:31 |
<robert> | but general discussion like this after the market has closed is OK, right? | 16:32 |
<@NihabaAshi> | It's ok...but if you aren't getting a response to your questions... |
<+robert> | makes sense.. |
<@NihabaAshi> | You need to use the resources available |
<+anglo> | ty for input KN, Andy. good night. | 16:33 |
<+Andy> | gn angle |
<+robert> | I learn alot from these general discussions :>) - thnx - |
<+Andy> | anglo |
<+KN-SR> | thats the problem, 90% of traders here dont try to use the forum |
| we have the tool, but not many using |
<+anglo> | hard to spot the "dry volume" moment imho | 16:34 |
<+KN-SR> | its not hard | 16:35 |
| needs lots of time |
<+anglo> | ok. then I'm looking at the wrong stuff |
<+KN-SR> | to sit down and watch watch and watch |
| if u have a 15 bar high thats is bigger than 5 days average | 16:36 |
| thats a good place to start thinking about dry point |
| s |
<+tzar> | so what happens tomorrow KN-SR? | 16:38 |
<+KN-SR> | :) |
| we will be in between 20-70 for the next 3/4 days | 16:39 |
| I really need 22 :) |
<+tzar> | still waiting for it eh | 16:40 |
| :) |
<+KN-SR> | cannt give up without a good fight |
| :) |
<+tzar> | whats the s.l |
<+anglo> | ty guys. gotta scoot. |
<+KN-SR> | i will be ok if m wrong, but i will have to be proven wrong..............not giving up |
<+tzar> | bye anglo | 16:41 |
<+KN-SR> | took out 1 contract with 75 points profit |
| thats the stop loss for the rest right now |
| so its arround 10 points stop loss for 7 cons |
<+tzar> | can you post a chart showing the dry point and the whole 5-7 days of tayler theory? | 16:42 |
<+KN-SR> | will try |
| i am planning to |
<+tzar> | :) | 16:43 |
<+KN-SR> | but we dont have many ppl using forum |
| so,
most of the time i dont see a reson why someone should post all the
posts when we are not using them, asking questions, or atlest letting
ppl know that we visit the pages | 16:44 |
<+tzar> | that true |
<+KN-SR> | well, every thing has some reactions :) |
| anyway, had a long day, take care all, see u all tomorrow, good trading.............. | 16:45 |
<+tzar> | ill very much appreciate if you post it |
<+KN-SR> | i will as soon as i get some time in hand :) | 16:46 |
<+tzar> | ok |
| ready? |
<@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 | 18:23 |
* jsbach | covers all ES short @ 1249 ---> +29.5 | 19:06 |
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