July 13th Thursday 2006 Trade Log

#FuturesTrades is a private and free realtime trading posting chat room on the IRC Othernet server that allows traders from all over the world to communicate.

Click here for the instructions on gaining access to #FuturesTrades.

In addition, NihabaAshi is the only trader in #FuturesTrades that represents TheStrategyLab.com strategies.

Further, you'll find below the chat room time stamped text log of realtime trades (real money and simulator) that were posted by full-time, part-time traders from around the world and the timestamp is eastern standard time (est). 

Also, below NihabaAshi's trading blog like comments, you can read the time stamped trades (prices, entries, exits et cetera) and market discussions that sometimes contains trading tips or insights that are more useful than what you will see at any other futures blog or chat room.

Trading Blog Below is not your traditional trader's blog in the usual blog format. However, you will find informative commentary on a few occasions as time permits and such will contain trading tips that should help your trading as I attempt to sum up my thoughts as I traversed from the first trade to the last trade that was posted in #FuturesTrades realtime trade posting chat room. 









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+2.40 +0.0000
$240.00 $0.00

Trading Perspective

My day was devoted to personal stuff today and because of such I did very little trading. 

Today's results (real money and simulator trading) shown above are that of NihabaAshi only. To see his total accumulated points for the month of July...click here. To see results for the months of 2006 and prior years...click here.

Commentary by M.A. Perry (a.k.a. NihabaAshi)  

Note: Each month there are a few trading days that we consider to involve interconnecting key price action of different markets and you can view the charts associated with the key price action along with their stories at our key chart story archives.


Session Start: Thu Jul 13 09:29:20 2006Session Ident: #futurestrades
* Now talking in #futurestrades09:29
<eminitrader> morn szu
<Awash> good morning all09:30
<eminitrader> morn A09:31
<szubaark> gm emini
<Awash> morning E
<les>  Shorts ER2 @ 698.8 paper 09:33

Covered 2/3 ER2 Short @ 698.3 --> + 0.5 paper
<eminitrader> oil hitting $ 76... cnbc09:34
<les>  Covered Remainder ER2 Short @ 698.8 --> 0 paper
<marklc> oil is 75.5509:35
Brent cude
<eminitrader> cnbc - oil hit a high of 76 ..may have pulled a bit09:36
<marklc> this is probably the Nymex price
* DisconnectedSession Close: Thu Jul 13 09:36:32 2006
 Session Start: Thu Jul 13 09:38:35 2006Session Ident: #futurestrades
* Now talking in #futurestrades09:38
<X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
<pdays>  Shorts ER2 @ 698.4 paper 09:39
<pat255> gm all09:41
<eminitrader> morn pat09:42
<pat255> morn emini
<pdays>  Covered all ER2 Short @ 697.7 --> + 0.7 paper 09:43
<NihabaAshi>  Shorts ER2 @ 696.90 -> small size 09:46
1 contract only
ER2 should be dropping hard but its not and that is making me a little suspicious about any Short positions.09:48
<les>  niha - i think that 695.4 might be a support level here09:49

due to it being open of the wrb on the 29th
<pat255> nice read niha to take S here ..09:50
<NihabaAshi> :)

Les...yes...I'm watching that closely for a possible profit target.
<les> or a bounce ??09:51
<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)09:52
<les> right, its broken down past that
<NihabaAshi>  Covered ER2 Short @ 695.30 --> + 1.6 09:53

Traders Accounting 

As traders we must treat our trading like a business if we are to succeed as traders and as a business. Therefore, waiting till the last few weeks March to prepare for April's taxes is not good for your trading and could put extra stress on your trading during tax month or the months that follow if your one of those traders that filed an extension.. Therefore, its best to be on top of your taxes throughout the year and Traders Accounting is a great resource for such especially if you want to prevent penalties or an audit several years from now.
<pat255> vn niha ...
<szubaark>  Long NQ @ 1496.50 09:55
<les>  Shorts ER2 @ 695.2 paper 09:58
<szubaark>  Exited all NQ Long @ 1496.25 --> - 0.25
<les>  Covered 1/3 ER2 Short @ 694.7 --> + 0.5 paper 09:59
<pat255> not easy to S & L sigh ..
<les>  Covered Remainder ER2 Short @ 695.2 --> 0 paper
<substanz>  Long YM @ 10964 paper 10:01
<szubaark>  Long NQ @ 1494.75 10:05
<eminitrader>  Long ES @ 1256.75 10:10
<cmr> More then 10 points keeping ER2 Short since yestarday.
Keep shorting ...
<PapaJon> very nice cmr10:11

i noticed that last night.. your hold o/n
<szubaark>  exit stop moved to breakeven NQ @ 1494.75
cancelled all open stop orders 10:12
not gonna wiggle take me out
Exited all NQ Long @ 1496.50 --> + 1.75 10:13
<substanz>  Exited all YM Long @ 10965 --> + 1 paper 10:14

Exited all YM Long @ 10962 --> - 2 paper
<szubaark>  Shorts NQ @ 1496.25 10:15
<substanz>  Shorts YM @ 10962 paper

Covered all YM Short @ 10972 --> - 10 paper 10:18
<eminitrader>  Exited 1/3 ES Long @ 1257.75 --> + 1 10:20
Exited ES Long @ 1257.25 --> + 0.5 10:22
Reverse and Enter Short ES @ 1257.25
Covered 1/3 ES Short @ 1256.25 --> + 1 10:25
Covered ES Short @ 1257.25 --> 0 10:26
Reverse and Enter Long ES @ 1257.25
<substanz>  Long YM @ 10962 paper
<eminitrader>  Exited 1/3 ES Long @ 1258.25 --> + 1 10:29
<jperl> SOX high of day
<substanz>  Exited all YM Long @ 10972 --> + 10 paper 10:30
<szubaark>  Covered all NQ Short @ 1501.50 --> - 5.25 10:31

Long NQ @ 1501.50
<eminitrader>  Exited 1/3 ES Long @ 1259.25 --> + 2 10:32
<pat255> vn emini10:35
<eminitrader> thx pat10:36
Exited ES Long @ 1260.50 --> + 3.25 10:37
Reverse and Enter Short ES @ 1260.50
<les>  Shorts ER2 @ 699.3 paper 10:38
<szubaark> nice emini10:40
<eminitrader>  Covered all ES Short @ 1261.50 --> - 1
<les>  Covered all ER2 Short @ 700.1 --> - 0.8 paper 10:41
<szubaark>  Exited all NQ Long @ 1507.50 --> + 6 10:42

Shorts NQ @ 1507 10:43

exit stop moved to breakeven NQ @ 1507 10:48

Covered all NQ Short @ 1507 --> 0 10:50

Shorts NQ @ 1505.25 10:52
<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)11:04
Trading Edge: 


If your an independent trader looking for an edge to help you traverse around obstacles to profitable trading...a method that's well defined, gives you a better understanding of the markets, applicable for day trading, position trading and swing trading with a money back guaranteed policy...click here.
   Trading Strategies ->   These strategies will reveal and explain specific strategies from entry to exit that exploit inefficiencies in the price action of your trading instrument for profits in the following trading instruments: 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) and Exchange Traded Funds (DIA, GLD, OIH, IWM, QQQQ, SPY) 
<szubaark>  Covered all NQ Short @ 1505.25 --> 0 11:07

had 3 points didnt take it :((

Shorts NQ @ 1503.25 11:08

Covered all NQ Short @ 1502.50 --> + 0.75 11:13

too frikin tight to get any points
<jperl> ER2 oscillating about VWAP 697.7011:18
<eminitrader>  Long ES @ 1256.50 11:21

2 only
<Awash>  Long ES or YM @ 10980 paper 11:24
<eminitrader>  Exited 1/2 ES Long @ 1258.50 --> + 2 11:26
<szubaark>  Shorts NQ @ 1504.25 11:27
<asd> short qm @ 76.15 risk 0.2

cover qm @ 75.9511:31
<eminitrader>  exit stop moved to breakeven ES @ 1256.50 11:34
<szubaark>  Covered all NQ Short @ 1507 --> - 2.75 11:35

Long NQ @ 1507
<Awash>  exit stop raised ES or YM @ 10981 paper 11:37
<codehead> seeing tech get bought today on the gap down

SMH green
<szubaark> NQ going for gap close11:38
<Awash>  Exited all ES or YM Long @ 10980 --> 0 paper 11:42

sorry, 10980 for +1

<szubaark>  Exited all NQ Long @ 1507 --> 0 11:44
Shorts NQ @ 1506.25 11:46
Covered all NQ Short @ 1510 --> - 3.75 11:55
Long NQ @ 1509.75
<codehead> dow still traingulating11:57

and naz still wedging11:59

above 2080 might try another 10 for gap fill
<szubaark> All i know is No more Shorts for me.. only Longs now..12:00
<Awash>  Long ES or YM @ 1261.15 paper

exit stop set ES or YM @ 1260.25 paper 12:01

<codehead> dow breaking triangle a bit, naz testing for bullish wedge b/o12:02
<Awash>  Exited all ES or YM Long @ 1260.25 --> - 0.9 paper 12:04

Shorts ES or YM @ 1259.75 paper 12:06
<pat255> c u all later ty12:07
back to office
<codehead> cya pat

naz trying the wedge...12:09

thru bya fraction12:10
<Awash>  Covered all ES or YM Short @ 1261.50 --> - 1.75 paper



Mentally getting away from trading is much harder to do in comparison to physically getting away from trading when its time for some rest and relaxation. Personally, one of my favorite ways to mentally rest is to watch movies I've copy & recorded from the local video store via my Slysoft software that copies any copyright protected dvd's and cd's.
   Slysoft - Copy and DVD or CD
<szubaark> this wants to close gap bad12:13
<codehead> here we go
<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)
<eminitrader>  Exited ES Long @ 1262.50 --> + 6
Reverse and Enter Short ES @ 1262.50
2 only
<szubaark> dang emini.. 6 on ES nice12:14
<Awash> nice emini
<eminitrader> was patient enough:)

thx guys
<szubaark> yeah.. my patience's running thin on this action this week.. making too many trades in tight ranges12:15
I must remember its JULY!!
<eminitrader> i observed that szu...

like i said before july and aug are a traders nightmare well at lest for me on the es...trying to come out of it.in july i have been doing decent just the past 2 days and half the month is over12:17

Covered ES Short @ 1263 --> - 0.5 12:18

Reverse and Enter Long ES @ 1263
<substanz>  Shorts YM @ 11002 paper 12:20
<szubaark> yes.. ive been doing real good for july.

Exited all NQ Long @ 1515.75 --> + 6 12:21

taking some Profit to go Even for day
<eminitrader> way to go szu..never know when the ride starts or ends its JULY :))12:23
Long ES @ 1261.50 -> Add 12:24
holding 312:25

Think Geek


I don't always trade nor monitor the market from my home office. Sometimes I'll do such from one of my favorite nearby Wi-Fi hotspot or whenever I'm traveling via using this little Wi-Fi detection gadget I got from Think Geek that will show more than just the presence of any nearby signal and its signal strength. It has a 12-character LCD that provides information on signal availability and strength as well as essential network information, including SSID, security status and channel. When multiple networks are present the LCD me to scroll through information for each network.


<substanz>  Covered all YM Short @ 10990 --> + 12 paper 12:26

Long YM @ 10990 paper 12:32

Exited all YM Long @ 10989 --> - 1 paper 12:41
<Awash>  Shorts ES or YM @ 1261.25 paper 12:50
<szubaark>  Long NQ @ 1510.25 12:54
<eminitrader>  Long ES @ 1260.25 -> Add 12:55
holding 5 long
stop 1259.25
<szubaark> emini im with you12:57
<eminitrader> :)12:58
may not work out szu ..lot of selling pressre12:59
guess we will know soon
if 1259 holds on the es ..hope for a gap fill13:00
<szubaark> any push up Ill move Stop to breakeven13:01

right now they not giving any breathing room
<eminitrader>  Exited 1/3 ES Long @ 1261.50 --> + 1.25 13:02
holding 4
thts a b/e13:03
<szubaark>  Exited all NQ Long @ 1508 --> - 2.25 13:04

guess they want down

Shorts NQ @ 1507.75
<Awash>  Covered all ES or YM Short @ 1259.25 --> + 2 paper
<eminitrader>  Exited ES Long @ 1259.25 --> - 3.75

Reverse and Enter Short ES @ 1259.25

5 contracts13:05

will probably see new lows

Covered 1/2 ES Short @ 1257.25 --> + 2 13:09


Covered 1/2 ES Short @ 1257.75 --> + 1.5

holding 313:10

Covered Remainder ES Short @ 1258.25 --> + 1 13:13
<Awash> nice eMini13:14
<eminitrader> 2 contract trades only rest of the day
<Awash> you took a loss and then squeezed more points on the reversal
<eminitrader> thx A just made up my add on fiasco13:15

good sell @ around 126113:16
<Awash> thanks13:19
<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)13:25
<szubaark> lets see if we crack lows here
<eminitrader> most likely13:26
<szubaark> emini what u think about NQ chart right now? will test lows?13:27
<eminitrader> nq holding up strong today13:28
<szubaark> so is ER
ER and NQ are twins
<eminitrader> looks like es is the only one having good swings today

nq broke my key supp @ 1504 lokely test lows13:30

any shorts around 1509 hold on13:31
<szubaark> im in at 150813:32
<eminitrader> good :)

try locking in some szu

have around 5 pts now13:33
<szubaark> im only trading 1 contract again13:36
dont have the balls yet for 2
<Awash> me either

still on paper, testing strategy13:37
<jperl> shouldn't be thinking about number of contracts,,,,,
more important is how much to risk per trade
<eminitrader> true jper1
<jperl> general consensus is 2% of total capital13:38
<eminitrader> i'm @ 1%

oil @ 76.5013:39
<jperl> ok so if you have a 50K account then 1% is $50013:40
<eminitrader> yep
<jperl> you should then be willing to risk $500 on each and every trade you make13:41
<eminitrader> looks like a tenner szu ..:))
<jperl> For ER2 that would be 5 pts13:42
on a 1 contract trade
<Awash> Jperl, what if you place several trades a day and lose, you're basically risking more than a 2% of portfolio value daily?
<eminitrader> 10 pts on the es for 1 contract
<jperl> a 1% risk factor means you could make 100 trades before you are wiped out13:43
<eminitrader> its not per day A its per trade if u lose a trade then the risk for next trade is 1% of remaining capital
<jperl> If you have lots of losing trades in a row then you better rethink your trading method
<Awash> understood, do you advocate or have an opinion as to max draw per day?
draw = drawdown13:44
<jperl> personally for me, three losing trades in a row and I stop trading
<eminitrader> i stopp @ 3% for that day ..but usually double my size after 1.5%13:45
thats about right around 3 consecutive losses
means either overtrading or not being able to read the flow that day either way good day to take a break :)13:46
<Awash> k13:47
<eminitrader> overtrading in terms of random trades / chasing etc ..entering w/o a set-up
<jperl> It wasn't until I thought in terms of risk percentage/trade that I started making profits

what this means in practice.....13:49

if you enter a trade and starts moving against you....

don't get scared off unless13:50

a)it no longer satisfies your entry criteria or

b)you reach your risk factor(1% or 2% of your capital)
<eminitrader> looks like its rebound time13:51
<Awash> jperl, nice commentary13:52

same E
<eminitrader> urw A13:53
<jperl> For me this means that I would be willing to scale in to "a losing trade"

as long as it stays below my risk factor
<eminitrader> i dont practice this now jper1 ..unless i'm already in the green upto that trade..never when on a loss at the pt of iniating that trade13:54
learned that the hard way...real hard
<szubaark>  Covered all NQ Short @ 1497.75 --> + 10
<eminitrader> szu u still holding
<szubaark> hehe..just got out13:56
<jperl> yes....well don't confuse scaling in with averaging down....not the same
<Awash> Nice Szu
<eminitrader> was thinking greedy you :))
<szubaark> well..im Profitible for the day and im DONE. Made too many stupid trades today.
<eminitrader> ok u mean scaling in on a winner
<jperl> no....13:57
<eminitrader> nice one szu good trading
<jperl> I mean scaling in period....
<eminitrader> then its avg on a loser right
<jperl> If a trade is moving against me....I might consider scaling in....

as long as it still meets my entry criteria

at the lower price
<eminitrader> any paricular rules to dictate this or is it random
got you
<jperl> I just don't scale in willy nilly....that's death13:59
<szubaark> thanks
<cmr> IMHO there is only one trade to place at open: Short Cover at the end of day. Next day do the same. Don't need to scalp
<eminitrader> know what ur talking about..i only do this if i'm on the plus on prior trades
<jperl> ok emini.....you have to develop your own methodology14:00
<cmr> Today is a normal day: ending down around 2%
<eminitrader> what abt tommorow14:01
<cmr> Don't see any big change in the comming weeks. Oil with records high and Global uncertainity will drive markets further down14:03
<eminitrader> k thx ..so its short at the open and cover at the close right
<Awash> :)14:04
<cmr> Better to keep contracts overnight until the recovery will happen.
<eminitrader> whats the stop urecommend ?14:05
<cmr> From yestarday until the open of today, there was 10 points (ER2)
<eminitrader> so its the high of previous day ?
<cmr> I suggest stop, if we're going to have another day with more than 1% gain
<eminitrader> k thx14:06
<cmr> It was 1 hour before market close yestarday, I traced the ER price: 706.514:07
<eminitrader> what entry do u suggest for today if not short yet14:08
<cmr> I would short ER2 @696.5 if it gets that price again14:10
<eminitrader> k thx gain14:11
<Awash>  Long ES or YM @ 1255.50 paper 14:15
<eminitrader> nice vol on the ES million traded with an hr and half to go14:26
<Awash>  Exited all ES or YM Long @ 1254.25 --> - 1.25 paper

sorry, wrong price

Exited all ES or YM Long @ 1254.50 --> - 1 paper 14:27
<cmr> eminitrader: if you had shorted ER2 stay like that. Keep it same days, u will win.
<eminitrader> thx cmr but i trade only the ES14:29

any comments on the ES14:30

oil closes @ 76.70 wonder what the price/gallon will be when we r done with trading14:32

today ..should have filled her up yesterday :(14:33

and should have held that short from 1262.50..14:34

and and and........lol
<Awash> :)14:35
<eminitrader> nothing much to do A
<Awash> still time left in market to trade14:37
<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)
<jperl> those of you interested in scaling....I will post todays trading executions...
<eminitrader> no i'm done for the day A unless...14:38
<jperl> http://charts.dacharts.com/2006-07-13/JP ERL_011.png
a reasonably good day trading only 1 or 2 contracts
<eminitrader> r u holding any or is it in and out14:39
<jperl> all out
<eminitrader> k thats a decent day of trading u got there jper114:40
<jperl> it's a little on the shy side for me
<Awash> nice trading
<jperl> today was strange market to say the least...very mixed14:41
<eminitrader> come to think of it, there was a natural flow to it at least on the ES ..intially it sold off, then it pulled back to a exactly 40% retracement level from the start of this downmove ( 1282.50 - 1256 )recent high and now the continuation of the trend ..14:45

was around 38% actually...40% is at 1266.50 ..that was to be my entry :(14:46
<cmr2> jper: I was asking if u could tell how to obtain that track record, when I loose connection
<jperl> i'll post the link again14:47

http://charts.dacharts.com/2006-07-13/JP ERL_011.png
<NihabaAshi>  Shorts ER2 @ 692.40 -> small size 14:55
1 contract only14:56
<cmr2> Ok jperl, I got the link, but would like to know how do u generate that report.I supose u trade with IB, correct?
<jperl> yes....I use zerolinetrader as a front end through which I do the trading from a DOM14:57
report is generated by zerolinetrader software14:58
<cmr2> thanks. How much doest it costs the zerolinetrader?
<jperl> yearly fee is about $70/year14:59
very nice front end
easy to scale in and out
<NihabaAshi>  Shorts ER2 @ 692.50 -> Add 15:00

Covered 1/2 ER2 Short @ 691.80 --> + 0.7 15:02
<cmr2> I've instaled the simulater version. Do u use any strategie from them?15:04
<NihabaAshi>  Covered all ER2 Short @ 692.30 --> + 0.1

<jperl> not from them
<NihabaAshi> Take care all and see all tomorrow.
<jperl> I don't think there are any
<eminitrader> that was a quick in and out niha see you tommorwo15:05
<NihabaAshi> Yes...got a poor entry on that ADD and decided to call it a day...a little tired from all the personal home care stuff I did today.15:06
* NihabaAshi is now known as NihabaAshi_away
<PapaJon> cya.. take care niha15:07
<cmr2> jperl: do u have your own strategie?
<jperl> yes of course15:10
<cmr2> Do u use tech analysis on the charts, or pivot points, or fixed profit/loss on each trade?15:11
<jperl> all of the above15:12
<eminitrader>  Long ES @ 1249.75

2 only
<cmr2> Do u use the charts of IB or from zerolinetrader?
<jperl> I use ensignsoftware
<eminitrader>  Exited all ES Long @ 1249.75 --> 0 15:13
<cmr2> do u usualy make so many trades as today? Only on ER2?15:14
<eminitrader>  Long ES @ 1249 15:16
<jperl> today was excessive number of trades for me. I usually trade just ER215:19
<cmr2> Better to short eminitrader, tomorrow will have your profit.
<eminitrader> :))15:20
<cmr2> I think it's a very good instrument. How many years trading like that?
<eminitrader> just 2 contracts ...looking for a quick scalp to end the day..tomorow is new game15:21
* cmr2 slaps cmr2 around a bit with a large trout15:24
<jperl> see you all tomorrow...have a good evening15:25
<PapaJon> cya jperl15:26
<eminitrader> taking time for a bounce ...if at all

thats better15:29
<PapaJon> I called the floor for ya et.. told em to buy15:31
<eminitrader>  Exited 1/2 ES Long @ 1251 --> + 2

thx pj

can u do it once more plsssssssss
<PapaJon> I'll try.. they get kinda annoyed if dont to much15:32
dont = done
<eminitrader> lol ..thx for trying
<PapaJon> :)15:34
<eminitrader> just thinking if i'm being greedy...my risk was just 3 ticks15:35
<PapaJon> eh.. just move it to b/e15:36
<eminitrader> also thinking if being stingy is better than being greedy ..just take it now15:37

Exited Remainder ES Long @ 1250 --> + 1 15:38

was that u selling pj :))
<PapaJon> :)... nice way to end the day
<eminitrader> thx bud
<PapaJon> nope.. i dont trade es
<eminitrader> just kiddin15:39
<PapaJon> I'm one of those er2 fiends
<eminitrader> then u gotto thx cmr...
<PapaJon> lol.. yep15:40
been a wacky day for my strats...
still ended in the black but... i dont like this type of mkt action15:41
not enough momo
<eminitrader> july pj ..hoping to just get thru this month w/o a hit
<PapaJon> yesterday bit 2/3 my arse off
grew a little of it back today.. hehe
<eminitrader> lol
<PapaJon> was weird yesterday.. cuz all my trades met all my criteria.. i double checkied that15:42
<eminitrader> guess u need to spend more time eating than trading

get that pretty back of yours in action for better days
<PapaJon> hehe
it aint that pretty15:43
<eminitrader> dont tell me...u a female right
<PapaJon> not
<eminitrader> gotcha !
<PapaJon> im a grandpa15:44
fairly young one
<eminitrader> i know u mentioned that befor
<PapaJon> still have all my hair
course.. my dad died at 80 with full head of hair
<eminitrader> runs in the family eh15:45
<PapaJon> not for my bro.. unless he got his from my moms dad
<eminitrader> now that i dont want to get into
<PapaJon> :)15:46
<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)
<PapaJon> why's that.. you little thin on top?15:47
<eminitrader> what a guess i give it to u

all from trading .lol15:48
<PapaJon> hehe
it's those damn gamma rays from our monitors
<eminitrader> its more from the p&l screen :))))15:50
<PapaJon> hehe... agree
<eminitrader> specially since its my only source of income15:51
<PapaJon> how long have you been trading?15:53
<eminitrader>  thanx for the chat pj ..gotto take the kids to the library see u in the morn
<PapaJon> k.. cya.. take care
<Awash> i'm out too
<eminitrader> from 5+ yrs
<Awash> good night all
<PapaJon> cya awash
<eminitrader> bye all
<cmr> How was your day szubaark ?16:13
<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)16:58
* DisconnectedSession Close: Thu Jul 13 17:05:12 200617:05

We are proud to say that our chat room members are from the following geographical areas in the world:

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In addition, below are the trading instruments our chat room members monitor closely to make trade decisions:  

CME Emini Futures ES, NQ and ER2 

CBOT mini-sized Dow Futures YM

Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

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Euronext Futures FTSE-100 and CAC-40

CME Futures EuroFX EC

Treasury Futures T-Notes ZN, ZF and T-Bonds ZB

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

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

Last of all, if you have any questions about either #EminiFutures general market chat room, #FuturesTrades realtime trade posting room or the two realtime strategy discussion rooms used by traders with access to our fee-based strategies called #TheStrategyLab and #SwingTradingTSL...

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