Session Start: Wed Jul 13 09:34:01 2005Session Ident: #FuturesTrades
* Now talking in #FuturesTrades09:34
<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> Nihaba is back. Yaaay. Maybe volatility will return too. ;)
<mispe> hi Niha
<NihabaAshi> Hi mispe and all.09:35
<PapaJon> gm Niha... wb
<eminitrader> good to see ya back niha09:37
<NihabaAshi> Thanks...will take it slow today.09:40
<pat255> gm all09:41
<FFT>  Shorts ES @ 1227.25 09:46
<NihabaAshi>  Long YM @ 10556.00 -> small size 09:48
<les>  Buys YM @ 10560 «« paper »» 09:50
<NihabaAshi>  exit stop moved to breakeven YM @ 10556.00 09:51

:(09:54

Trailing Stop Hit YM @ 10556.00 --> 0
<FFT>  Covered all ES Short @ 1226.5 --> + 0.75 09:55
<TLTrader>  Shorts YM @ 10559 09:56
<les>  Exited all Long YM at 10556 --> - 4 «« paper »» 09:57
<danshirley>  Shorts YM @ 10556 «« paper »»

exit stop set YM @ 10565 «« paper »» 09:58

Covered 1/2 YM Short @ 10550 --> + 6 «« paper »» 09:59

exit stop lowered YM @ 10562 «« paper »»

exit stop moved to breakeven YM @ 10556 «« paper »» 10:01
<FFT>  Shorts ES @ 1226.25
<danshirley>  Trailing Stop Hit YM @ 10556 --> 0 «« paper »» 10:03
<les>  Buys ER2 @ 672.8 «« paper »»
<TLTrader>  Covered 1/2 YM Short @ 10557 --> + 2

Covered Remainder YM Short @ 10558 --> + 1 10:04
<les>  Exited all Long ER2 at 673 --> + 0.2 «« paper »» 10:05
<FFT> break it down, ES :)10:07

Covered 1/2 ES Short @ 1225.25 --> + 1 10:10
<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
<mispe>  Long YM @ 10546 10:16
<FFT>  Covered Remainder ES Short @ 1224.5 --> + 1.75 10:17
<mispe>  Exited all YM Long @ 10543 --> - 3
<FFT> Excellent chance of more lows to come10:18
<szubaark> yup.10:19
<FFT> We shoulda taken a couple more patience pills, TLT. ;)10:21
<TLTrader> you got some? I'm fresh out10:23
<FFT> lol
<WannaBeATrader> nihaba, that was a great post on ET about having an "edge"10:24
<NihabaAshi> :)
<WannaBeATrader> you have a way of keeping perspective on things
<danshirley> oil inventory in 210:28
small declines expected10:29
<FFT>  Shorts ES @ 1224.25 10:30
<danshirley>  U.S. CRUDE STKS DOWN 3.9 MLN BRLS LAST WK: ENERGY DEPT10:31
U.S. GASOLINE STKS DOWN 2.7 MLN BRLS: ENERGY DEPT10:32
U.S. DISTILLATE STKS UP 3.2 MLN BRLS: ENERGY DEPT
<mispe> and how do you read that ?...

good or bad.../
<danshirley> as expected10:33
<FFT>  Covered all ES Short @ 1225.5 --> - 1.25 10:36
<danshirley> e.g. total Crude supplies are 321 million bbl so a fall of 4M bbl is small10:37
<FFT> Markets so dang strong I couldn't even get a decent exit.10:38
<mispe> crude down on the news10:39
<TLTrader> "I'll be back"10:41
<FFT>  Shorts ES @ 1225 -> medium size 10:43
<NihabaAshi>  Shorts ES @ 1223.75 -> small size 10:44
<FFT>  Covered 1/2 ES Short @ 1223.5 --> + 1.5
Covered Remainder ES Short @ 1223 --> + 2
<NihabaAshi>  exit stop moved to breakeven ES @ 1223.75
<FFT> Bastids shook me out of my LOD retest by running it all the way up to 6.5 :(10:45
But I made that back in spades :)
<NihabaAshi>  Trailing Stop Hit ES @ 1223.75 --> 0 10:46
<FFT> Shook is the wrong word, I guess
<pdays>  Long ES @ 1224 «« paper »» 10:50
<FFT> So what happened to fxcorner?10:54
<pdays> deported10:55
<NihabaAshi>  Shorts ES @ 1224.25 -> small size
<pdays>  Exited all ES Long @ 1224.5 --> + 0.5 «« paper »»
<FFT> lol10:56
<NihabaAshi>  exit stop set ES @ 1230.50 10:58

Be back later.

Will return if my alert sounds to go to breakeven.10:59
* NihabaAshi is now known as NihabaAshi_away
<NihabaAshi_away>  exit stop moved to breakeven ES @ 1224.25 11:00

Will post late trade result upon return.

Nevermind :(11:01

Trailing Stop Hit ES @ 1224.25 --> 0

Geeesh...one of those days.
<mispe>  Shorts ES @ 1224.5 11:09
Covered all ES Short @ 1225 --> - 0.5 11:13
<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.11:22
<szubaark>  Long YM @ 10551 11:26
<FFT> This is weird. My main signal line has been ranging at the bottom of the chart since about 10:22, but ES has been climbing.

Shorts ES @ 1226.75 «« paper »» 11:28

Die already, sheesh.11:34

Covered all ES Short @ 1226.25 --> + 0.5 «« paper »» 11:36
<danshirley> BERNIE EBBERS SENTENCED TO 30 YEARS IN PRISON11:44
<eminitrader> nope its 25 yrs now
<danshirley> how come?11:45
<eminitrader> guess it was reduced due to his chariatable works
<danshirley> yea the parties he used to give
<szubaark> Fastow was the party animal11:46
<eminitrader> :))
<danshirley> EBBERS SENTENCE IS CHANGED TO 25 YEARS -- CNBC
<eminitrader> see ya all after lunch11:47
<szubaark>  Exited all YM Long @ 10551 --> 0 11:55

:((
<TLTrader>  Shorts YM @ 10554 «« Scalp »» 12:05
<szubaark> YM strong today12:07

Exited all YM Long @ 10551 --> 0 12:09

too many frikin fakeouts12:25
* Disconnected 12:52
* Attempting to rejoin channel #FuturesTrades12:54
* 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
<TLTrader> ISP problems posting exit again from a couple of minutes ago12:57
Covered all YM Short @ 10553 --> + 1
Long YM @ 10555 13:31
<codehead> treasury budget in 15 mins13:44
<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.13:46
<TLTrader>  Exited all YM Long @ 10555 --> 0 13:47

may enter again13:48

Long YM @ 10557 13:54

i chased that a bit13:55
<szubaark>  Long YM @ 10560 13:58
<TLTrader> 1st pt 56814:01

Exited 1/2 YM Long @ 10568 --> + 11 14:03

almost bailed on that dip14:04

if it does it again i will
<szubaark> bastids keep shakin
<TLTrader>  Exited Remainder YM Long @ 10560 --> + 3 14:06
<szubaark>  Exited all YM Long @ 10560 --> 0
Crap.
Shorts YM @ 10564 14:21
<eminitrader> well july trading is sure showing its true color today14:27
<szubaark> too frikin tight..feel like im fighting with the floor monkeys for every tick14:29
<eminitrader> szu for me todays trading is just its just not worth it had 1 trade with 1pt plus14:33
<szubaark> i know.. i shoudnt be trading this. good job emini14:34
<eminitrader> hopefully if it closes in todays range - tommorow is gonna be a BREAKOUT day

thx szu14:35
<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.14:58
<NihabaAshi>  Shorts YM @ 10557.00 -> large size 15:00
<szubaark> ER holding this down15:03
suprised u didnt Short ER Niha15:04
<FFT> Dang, shuttle launch got scrubbed15:07
<szubaark>  Covered all YM Short @ 10564 --> 0 15:10
:((
<eminitrader> cheer up tomm will be a good day to trade :))15:11
<szubaark> :((
:))
<eminitrader> lol
<NihabaAshi> szu...take a look at YM 30min or 60min chart...15:13
It's just a tight trading range.
Not something worth getting too aggressive.15:14
<eminitrader> same with the ES niha
<NihabaAshi> Hopefully we get a good strong trend (up or down) before the week is over.15:15
<FFT> ES climbed 60 points in four trading days. A couple range days after that is to be expected, especially in the summer.
<TLTrader>  Long YM @ 10561
<szubaark> Niha u right. I need to keep longer timeframe in mind.
<eminitrader> i was reffering to the 30 and 60 min fft15:16
<TLTrader>  Exited 1/2 YM Long @ 10571 --> + 10 15:19
<eminitrader> ES from 7/11 to today its been between 1216 and 1229
<FFT> <eminitrader> hopefully if it closes in todays range - tommorow is gonna be a BREAKOUT day
<NihabaAshi>  Covered YM Short @ 10571.00 --> - 14
Reverse and Enter Long YM @ 10571.00
<FFT>  Shorts ES @ 1227.5 «« paper »»
<NihabaAshi>  Long YM @ 10575.00 -> Add
<eminitrader> lets hope so FFT15:20
<NihabaAshi> NQ gave me a Long signal when YM was at 10562...couldn't get my NQ into the broker platform for some reason.15:22
Long YM instead when I wanted NQ Long.
Will hold this going into tomorrow's 0830am est key econ reports.15:24
<eminitrader> looks like its a major support to major resistence play on a 3 min niha15:25
<NihabaAshi> I'm using the 30min chart on this Long as a swing trade.
Prior Short was a day trade via the 3min chart.
<FFT>  Covered all ES Short @ 1227.25 --> + 0.25 «« paper »»
<eminitrader> k, was referring to ES thogh
<FFT> Dang, shouldn't have covered. :P15:26

Oh well, back to research.
<NihabaAshi> Meant prior short was via the 10min chart15:27
<TLTrader>  exit stop set YM @ 10564 15:30
<NihabaAshi>  exit stop set YM @ 10560.00 15:40
See all tomorrow.
* NihabaAshi is now known as NihabaAshi_away15:41
<TLTrader>  Trailing Stop Hit YM @ 10564 --> + 3 15:53
* NihabaAshi_away is now known as NihabaAshi16:01
<NihabaAshi> Price alert sounded :(
Long YM @ 10567.00 -> Add
Re-adjusting stop base on the ADD.16:02
exit stop lowered YM @ 10557.00
* NihabaAshi is now known as NihabaAshi_away
<TLTrader> cya tomorrow16:03
<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.16:10
* DisconnectedSession Close: Wed Jul 13 16:22:38 200516:22