Session Start: Thu Jul 14 01:17:38 2005Session Ident: #FuturesTrades
* Now talking in #FuturesTrades01:17
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
#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.01:46
<NihabaAshi>  Exited 1/4 YM Long @ 10593.00 --> + 26 02:08

Going back to bed...will return around 3am est to see if the opening in Eurex can push YM above 10600 price area.02:12
* NihabaAshi is now known as NihabaAshi_away
<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.02:58
<NihabaAshi_away>  exit stop raised YM @ 10576.00 03:25
* Disconnected 04:56
* Attempting to rejoin channel #FuturesTrades04:57
* Rejoined channel #FuturesTrades04:58
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
 -> *X* CHANOPT #FuturesTrades DEFTOPIC #FuturesTrades -> Realtime active trade posting ER2, ES, NQ, YM, Eurex, T-Notes, EuroFX @ http://www.thestrategylab.com/FuturesTra desChatRoom.htm05:06
<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.05:22
<NihabaAshi>  exit stop raised YM @ 10580.00 06:19
<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.06:34
<NihabaAshi>  Exited 1/4 YM Long @ 10611.00 --> + 40 07:18
<TLTrader> well that's certainly a nice way to start the day07:19
<NihabaAshi> :)07:21
<TLTrader> time for the 3 S's07:23
* Disconnected 07:30
* Attempting to rejoin channel #FuturesTrades07:31
* Rejoined channel #FuturesTrades07:32
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
#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.07:46
<NihabaAshi_away> 0830am est key econ reports approaching...08:23

Raising my stop a few more points.
* NihabaAshi_away is now known as NihabaAshi08:24
<NihabaAshi>  exit stop raised YM @ 10585.00

Only have 1/2 of yesterday's remainders...

[02:08] <NihabaAshi> Exited 1/4 YM Long @ 10593.00 --> + 2608:25

[03:25] <NihabaAshi_away> exit stop raised YM @ 10576.00

[06:19] <NihabaAshi> exit stop raised YM @ 10580.00

[07:18] <NihabaAshi> Exited 1/4 YM Long @ 10611.00 --> + 40
<pat255> nice Niha ...08:26
<NihabaAshi> Will only trade the a.m because I'm exhausted (slepted only a few hours last night).
<eminitrader> well worth it :)
<pat255> niha u buy yesterday before the aapl news came out?
<NihabaAshi> What time did the AAPL news come out ???08:27
<pat255> last nite aapl amd earnings think around 6 pm
<eminitrader> @4.30 EST08:28
<NihabaAshi> Yes...I bought YM before 4:30pm est

 Exited 1/4 YM Long @ 10628.00 --> + 57 08:32

 exit stop raised YM @ 10600.00 08:33
<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.08:58
<FFT> Holy #@$#$! I hope Nihaba is still long.09:02

Speak of the devil ;) U still long, Nihaba?

Since `97 we've had 19 occurances of 5 up sessions in a row, 4 of 6 in a row, 5 of 7 and 1 of 8. Never 9 or more.09:23
<NihabaAshi> Yes...only have a 1/4 remaining.
<FFT> Gratz Nihaba :)

You Midnight Hour guy, you.
<NihabaAshi> Dump some at 10593, 10611 and 10628.09:24
<FFT> 10 of the 19 times that we've had 5 up sessions in a row, we've gone on for #6.09:25

Whoops, nope.09:26

10 of the 29 times.
<PapaJon> gm all09:29
<FFT> Fed's raising rates, oil is nuts, trade and budget deficits are mind-boggling, terrorists are getting better at what they do, and the market keeps going up. You just can't be a fundemental analyst and make any money :)09:34
<PapaJon> Agree FFT... it is quite mind boggling09:37
<FFT> AD line 4:1 in favor of advancers.
<NihabaAshi> Wow.
<PapaJon> wild
<FFT> almost 5:109:38
10.5 range so far on ES
<PapaJon> everyone else making new highs... wonder if er2 will join them?09:40

new 5day highs i mean
<FFT> Hmmm, I might short a retest of the high
Shorts ES @ 1226.25 «« paper »» 09:43
not paper
<NihabaAshi>  Exited YM Long @ 10661.00 --> + 90 09:46

Holding 1 contract.
<pat255> gl Niha well done
<WannaBeATrader> misprint there FFT
<PapaJon> very nice niha
<szubaark> good one Niha.
<NihabaAshi>  exit stop raised YM @ 10625.00 09:47
<FFT>  Covered all ES Short @ 1235.25 --> - 9 09:49

+1
<NihabaAshi> ER2 spilling its guts.09:50
<FFT> TICK into negative territory09:51
<PapaJon> some sort of building callapse in newyork
manhattan area09:52
<eminitrader> u seious pj09:54
<FFT>  Shorts ES @ 1235.75
<PapaJon> was on news et...
<danshirley>  Shorts YM @ 10665 «« paper »» 09:55
<eminitrader> none of the cnbc cnn picking it up as of yet
<PapaJon> they dint mention anything terrorist related.... just some sort of collapse
<danshirley>  exit stop set YM @ 10669 «« paper »»
<eminitrader> k thx
<PapaJon> was on FOX

I click thru news channels in the morn09:56

then usually settle on bloomberg
<eminitrader> got it pj thx again
<PapaJon> np... yw
<FFT>  Covered all ES Short @ 1235 --> + 0.75 09:57
<danshirley>  Covered 1/2 YM Short @ 10657 --> + 8 «« paper »»
<PapaJon> is on now
<eminitrader> yep watchinh it09:58
<NihabaAshi> I think the news about the building collapse just hit the market.
<FFT> Yeah, it seems like it
<NihabaAshi>  Exited YM Long @ 10645.00 --> + 74
Reverse and Enter Short YM @ 10645.00
<FFT> AD line almost back to 2:1
<danshirley>  Covered Remainder YM Short @ 10644 --> + 21 «« paper »» 10:00
<NihabaAshi> :(10:01

 Covered YM Short @ 10647.00 --> - 2
<FFT>  Long ES @ 1233.75
<NihabaAshi> Looking for a better short entry.10:02
<szubaark>  Long YM @ 10649 10:06
<mispe>  Long YM @ 10645 10:07
<FFT> Green Alert Lots of green in #FuturesTrades :(10:08
<szubaark>  Exited all YM Long @ 10639 --> - 10 10:09
<mispe>  Exited all YM Long @ 10640 --> - 5 10:10
<NihabaAshi>  Shorts YM @ 10637.00 -> small size
<FFT>  Covered ES Short @ 1232 --> + 1.75
Reverse and Enter Long ES @ 1232
<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.
<FFT> Doh
Exited ES Long @ 1232 --> 0 10:11
Reverse and Enter Short ES @ 1232
<NihabaAshi> Geeesh :(

:(10:14

 Covered all YM Short @ 10635.00 --> + 2

I expect prices to go up as soon as the market realize the collapse in NY had nothing to do with a terrorist attack.10:15
<FFT>  Covered all ES Short @ 1232.5 --> - 0.5 10:17
<NihabaAshi>  Long YM @ 10645.00 -> small size 10:18
<szubaark>  Exited all YM Long @ 10645 --> - 4 10:19
Long YM @ 10645
Geez, Where i Short it Pops
<TLTrader>  Long YM @ 10645 10:22
<NihabaAshi>  exit stop moved to breakeven YM @ 10645.00 10:23
<szubaark>  Exited 1/2 YM Long @ 10655 --> + 10
<TLTrader>  Exited 1/2 YM Long @ 10656 --> + 11
<NihabaAshi>  Exited all YM Long @ 10648.00 --> + 3 10:26

:(10:27
<TLTrader>  Exited Remainder YM Long @ 10647 --> + 2
<NihabaAshi> As soon as the news story went on commercial break...market whent upwards...
<diego12> gm
<NihabaAshi> As soon as commercial was over and went back to the collapse building...market dropped.
<WannaBeATrader> lol10:28
trading off the news?
<NihabaAshi> World breaking news is a scalpers heaven :)

Wanna...got a late start off the news...10:29

Was in the middle of finishing up recording a movie on TV when the news hit.10:30

Couldn't do anything until my recording was over...by that time the market had bounce back a quick 12 points in YM.

Simply...late entry for me.10:31

Thus, no wiggle room.

Normally these types of news events are easy points.
<WannaBeATrader> market is awful jumpy
<NihabaAshi> Looks like the noise level has started...back to the trading plan :)10:35
<szubaark>  Exited all YM Long @ 10645 --> 0 10:40
<WannaBeATrader> geez
<NihabaAshi>  Shorts NQ @ 1578.00 -> small size 10:43
Covered 1/3 NQ Short @ 1577.00 --> + 1 10:45
exit stop moved to breakeven NQ @ 1578.00 10:46
Covered 1/3 NQ Short @ 1576.00 --> + 2 10:48
exit stop lowered NQ @ 1577.50 10:50
Trailing Stop Hit NQ @ 1577.50 --> + 0.5 10:51
<mispe>  Long YM @ 10645 10:53
<les>  Buys ER2 @ 669.8 «« paper »»
<mispe>  Exited all YM Long @ 10640 --> - 5 10:56
<les>  Exited 1/3 Long ER2 at 670.3 --> + 0.5 «« paper »» 11:03
exit stop moved to breakeven ER2 @ 669.8 «« paper »»
<szubaark>  Shorts YM @ 10645 11:04
<les>  stop hit ER2 @ 669.8 --> 0 «« paper »» 11:05
<szubaark>  Covered 1/2 YM Short @ 10634 --> + 11 11:08

 Covered all YM Short @ 10645 --> 0 11:13

:((

NOT going anywhere
<FFT>  Shorts ES @ 1232.75 11:17
Break it down for me, ES.
Breadths keep getting weaker, but ES just ain't fallin :(11:21
AD line approaching zero, come on ES, tank.11:22
<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.
<szubaark>  Long YM @ 10640 11:23
<FFT>  Shorts ES @ 131.5 -> Add 11:24

 Covered 1/2 ES Short @ 1230.75 --> - 1099.25

?

LOL

+.75

AD line +5011:25

Stupid iPod sales are keeping us up :(11:29

 Covered Remainder ES Short @ 1231.25 --> + 1.5
<szubaark>  Exited all YM Long @ 10630 --> - 10 11:31
Shorts YM @ 10630 11:32
Lets go Short
<FFT> U fading me, Szu? ;)
<szubaark> Im Short just like you
<FFT> I covered

Which prolly means we'll close the gap lol11:33
<szubaark> just need this Pig to move..close the gap damnit
<FFT> ad line negative11:34

 Shorts ES @ 1230 -> medium size 11:35
<pdays>  Long YM @ 10633 «« paper »» 11:38
<TLTrader>  Long YM @ 10633 11:39
<FFT>  Covered all ES Short @ 1231 --> - 1 11:44
<TLTrader>  Exited 1/2 YM Long @ 10637 --> + 4
<szubaark>  Covered all YM Short @ 10642 --> - 12 11:47
Crap
:((
<diego12> sell 1231 ES11:48
* NihabaAshi is now known as NihabaAshi_away11:50
<danshirley> AUG CRUDE DOWN $1.56, OR 2.6%, AT $58.45/BRL11:53
<diego12> stop at 123111:54
<TLTrader>  Exited Remainder YM Long @ 10635 --> + 2

Shorts YM @ 10627 11:57

that may have been a fake12:02
<diego12> exit 1/212:03
<TLTrader>  Covered 1/2 YM Short @ 10631 --> - 4 12:04
<diego12> exit position (lunch)12:06
<TLTrader>  Covered Remainder YM Short @ 10632 --> - 5 12:07

 Long YM @ 10636 12:08
<szubaark>  Long YM @ 10640 12:10
<TLTrader>  Exited 1/2 YM Long @ 10647 --> + 11 12:12
<FFT> Bleah, I'm outta here.12:13
* Disconnected 12:20
* Attempting to rejoin channel #FuturesTrades12:21
* Rejoined channel #FuturesTrades12:22
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
<les>  Buys ER2 @ 666.9 «« paper »» 12:33
<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.12:34
<les>  Exited all Long ER2 at 666 --> - 0.9 «« paper »» 12:41
* les is now known as lesAway12:42
* Disconnected 13:12
* Attempting to rejoin channel #FuturesTrades13:14
* 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>  Exited 1/2 YM Long @ 10656 --> + 6 13:19
<szubaark> tough to get +10 points, its like they got some computers running this in 5-6 point ranges13:20
<TLTrader>  Exited Remainder YM Long @ 10650 --> 0 13:30
<szubaark> every up move, sellers step in. tough crap13:32
<codehead> oil -2.3513:43
<szubaark>  Exited all YM Long @ 10642 --> - 12 13:44
Bleah!
Long YM @ 10643 13:45
ok..computers retraced last up move 10+ points, now loets go back up
<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>  Long YM @ 10638 13:52
not sure i like the way it's acting szu13:56
<szubaark> they keep pushing lower

ehh...13:57

 Exited all YM Long @ 10631 --> - 12

:((
<TLTrader>  Exited all YM Long @ 10631 --> - 7
<szubaark> getting hammered in this crap

 Long YM @ 10633 13:59

lets go Long again
<eminitrader> yeah szu tough to read the dows up 80+ the nas is up the emini sp is up and the mrkt tanks ?14:00
<szubaark> Russell is DOWN dont forget :)14:01

Im definetly not Shorting after computers took it down 20+ Points from last Top14:02
<TLTrader>  Long YM @ 10637 14:03
Exited 1/2 YM Long @ 10637 --> 0 14:11
<szubaark> TLT it wasnt even worth touching this since opening.. Stupid me thinks i have to trade everyday14:16
<TLTrader> i do stupid things all the time14:17
yesterday i held a trade that was down -28 YM points, i got lucky and got out at BE but I should be beat with a rubber hose for holding it that long14:19
Exited Remainder YM Long @ 10637 --> 0 14:25
* lesAway is now known as les14:31
<TLTrader>  Long YM @ 10635 14:34
* Disconnected 14:38
* Attempting to rejoin channel #FuturesTrades14:39
* Rejoined channel #FuturesTrades14:40
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
<les>  Exited 1/3 Long ER2 at 665 --> + 0.4 «« paper »» 14:44

 exit stop moved to breakeven ER2 @ 664.6 «« paper »»
<TLTrader> seems like someone is sitting on the offer
<les>  stop hit ER2 @ 664.6 --> 0 «« paper »» 14:48
* les is now known as lesAway
<TLTrader>  Exited all YM Long @ 10636 --> + 1 14:50
<szubaark>  Long YM @ 10642 14:56
<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
<TLTrader> wish they wud have done this 15 mins ago15:00
Long YM @ 10649 15:09
<szubaark>  Exited 1/2 YM Long @ 10654 --> + 12
<TLTrader>  Exited 1/2 YM Long @ 10654 --> + 5 15:10
Exited Remainder YM Long @ 10650 --> + 1
just got no wiggle room after that entry15:11
* lesAway is now known as les15:17
<szubaark> entries are so important if u using tight Stops15:26
ehh..im OUTTA HERE15:39
<TLTrader>  Shorts YM @ 10651 15:55

 Covered 1/2 YM Short @ 10645 --> + 6 15:56

 Covered Remainder YM Short @ 10644 --> + 7 15:57

 Long YM @ 10648 16:00

 Exited 1/2 YM Long @ 10649 --> + 1 16:01

 Exited Remainder YM Long @ 10650 --> + 2 16:08

cya tomorrow guys16:09
<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: Thu Jul 14 16:44:10 200516:44