Session Start: Fri Jul 15 09:30:48 2005Session Ident: #FuturesTrades
* Now talking in #FuturesTrades09:30
<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>  Shorts YM @ 10651.00 -> small size 09:34
<FFT>  Covered all ES Short @ 1230 --> + 1
Gotta reboot, lost my charts during that trde :(09:35
<NihabaAshi> If YM retest 46 I have to go to breakeven.09:36
<fxcorner>  Exited 1/2 USDCHF Long @ 1.2967 --> + 0.0092
<jperl>  Long ES @ 30 09:37
<PapaJon> gm all09:40
<FFT> Somebody needs to invent a computer that has the booted state in EEPROMs so you don't have to reboot a computer and wait for stuff to load, just flip a switch.

Howdy PJ
<PapaJon> heya fft09:41
<NihabaAshi>  Covered YM Short @ 106 --> + 10545

Reverse and Enter Long YM @ 106
<szubaark>  Shorts YM @ 10646
<les> there was a computer like that once fft
<NihabaAshi> Oooops...
That's a breakeven stop.
Will correct.
<FFT> And they made it illegal because it was so good?09:42
<les> no
<FFT> ;)
<les> it was BBC microcomputer
in 1980's
<NihabaAshi>  Exited YM Long @ 106 --> 0
<les> the OS was on a ROM chip
made it inflexible
<NihabaAshi> Reposting short entry and breakeven stop.\
<les> EPROM might do it tho
<NihabaAshi>  Shorts YM @ 10651.00 -> small size 09:43
<FFT> Sure, but we're OT.
<les> OT?
<NihabaAshi>  exit stop moved to breakeven YM @ 10651
<FFT> Off Topic :)
<les> true
<NihabaAshi>  Trailing Stop Hit YM @ 10651 --> 0
<FFT> TRIN being a wild man since the open
<danshirley> 9:45 numbers today09:44
<FFT>  Shorts ES @ 1229.75
<les>  Shorts ER2 @ 663.5 «« paper »» 09:45
<FFT> IB took a long time with that confirmation. Hmmmm. . . .
Might be another day where ER leads us down (when we do go down)
<les>  Covered 1/3 Short ER2 at 663.1 --> + 0.4 «« paper »» 09:46
<pdays>  Exited all YM Long @ 10645 --> + 196 «« paper »»
yuk
<les> not quite right..

entry was 663.6, so +.50 on last contract

 Covered all Short ER2 at 663.6 --> - 0.1 «« paper »» 09:47
<pat255>  what a dance...sigh09:48
University of Michigan confidence came in at 96.5 vs. 95
<TLTrader>  Long YM @ 10648
<PapaJon> BTW... i just got a new fuel gage installed in my car... http://www.rareblooms.com/Papa/Pic1
<szubaark>  Covered all YM Short @ 10657 --> - 11 09:49

 Long YM @ 10658
<danshirley> UMICH JULY CONSUMER SENTIMENT SAID 96.5 VS. 96.0 JUNE
<WannaBeATrader> i like that PJ
<TLTrader>  Exited 1/2 YM Long @ 10656 --> + 8
<PapaJon> :)09:50
<TLTrader>  Exited Remainder YM Long @ 10650 --> + 2
<danshirley>  Shorts YM @ 10650 «« paper »»
<FFT> Who's buying all this ES?
<szubaark> <---09:51
<NihabaAshi>  Shorts ER2 @ 662.60 -> large size
<diego12> short ES 123009:52
<danshirley> really wiggly
<PapaJon> One more for some good friday humor... http://www.rareblooms.com/Papa/Pic2
<diego12> cover 1/309:53
<szubaark>  Exited all YM Long @ 10646 --> - 12

:((

another frikin choppy opening, geez
<jperl>  Exited ES Long @ 29 --> - 1
<danshirley>  exit stop set YM @ 10653 «« paper »»
<fxcorner>  Exited Remainder USDCHF Long @ 1.2961 --> + 0.0015
<TLTrader>  Shorts YM @ 10641 09:54
<danshirley>  Covered 1/2 YM Short @ 10640 --> + 10 «« paper »»
<NihabaAshi>  Covered 1/3 ER2 Short @ 662.00 --> + 0.6
<diego12> stop at 1230
<danshirley>  exit stop moved to breakeven YM @ 10650 «« paper »»
<NihabaAshi>  exit stop moved to breakeven ER2 @ 662.60 09:55
<szubaark>  Shorts YM @ 10640
<FFT>  Covered all ES Short @ 1229 --> + 0.75
<danshirley> whole lotta traden goin on09:56
<diego12> cover 1/3
<NihabaAshi> Dow putting some downward pressure on the market.
<FFT>  Shorts ES @ 1228.75
<diego12> stop 1229.5009:57
<NihabaAshi>  exit stop lowered ER2 @ 662.50
<TLTrader>  Covered 1/2 YM Short @ 10636 --> + 5
<NihabaAshi>  Covered Remainder ER2 Short @ 662.40 --> + 0.2 09:58
:(09:59
Only got a pt1 and wanted a pt2 out of that trade.
<danshirley>  exit stop lowered YM @ 10648 «« paper »» 10:00

 exit stop lowered YM @ 10640 «« paper »»
<les>  Shorts ER2 @ 661.4 «« paper »» 10:01
<TLTrader>  Covered Remainder YM Short @ 10630 --> + 11 10:04
<FFT>  Covered all ES Short @ 1228 --> + 0.75 10:05
Wanted 27.25, but the market doesn't seem to want to test that low.
* Retrieving #FuturesTrades modes...10:06
<FFT>  Shorts ES @ 1228.25 «« paper »» 10:10
Dang, I shoulda did that one for real
<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.
<les>  Covered 1/3 Short ER2 at 661 --> + 0.4 «« paper »» 10:11
Covered 1/3 Short ER2 at 661.1 --> + 0.3 «« paper »»
Covered remainder Short ER2 at 661.4 --> 0 «« paper »»
<FFT>  Covered 1/3 ES Short @ 1227.25 --> + 1 «« paper »» 10:17
<les>  Buys ER2 @ 661.7 «« paper »» 10:18
Exited 1/3 Long ER2 at 662.2 --> + 0.5 «« paper »»
<danshirley>  Covered Remainder YM Short @ 10535 --> + 115 «« paper »»

Covered Remainder YM Short @ 10635 --> + 15 «« paper »» 10:19
<les>  Exited remainder Long ER2 at 661.7 --> 0 «« paper »» 10:20
<fxcorner>  Shorts USDCHF @ 1.2950 10:23
<NihabaAshi> What little volatility we had this morning has died quickly :(10:24
Time to reduce the overall size to better control my risk exposure.10:25
<pat255> funny Niha says control size i cant do that how to reduce from 1 crct...lol10:26
<FFT> Lookinf ro a new LOD on ES
<NihabaAshi> Yes...you can do that with 1 contract trading via only trading when the volatility returns if your method is dependent upon volatility.10:28

You can also control it via switching trading instruments...10:29

For example...lets say you only trade 1 ES contract.10:30

In theory...you can trade 10 YM contracts or 5 ER2 contracts10:31
<pat255> k go on ...will help from your analysis
<NihabaAshi> Simply, via switching trading instruments...you can apply better risk control measurements when volatility changes for those using methods that's dependent upon volatility.10:32

Meaning...most of their profits occur during volatility times of the market.
<pat255> true ...
<les>  Exited 1/3 Long ER2 at 661.4 --> - 0.3 «« paper »» 10:33
* LC is now known as les10:41
<FFT> Only have about 6 more minutes for my new LOD, come on ES.
<TLTrader>  Shorts YM @ 10634 10:45
<les>  Buys ER2 @ 661.6 «« paper »» 10:48
<szubaark> c'mon go down10:49
<FFT>  Covered all ES Short @ 1228.25 --> 0 «« paper »» 10:52

Timed out :(
<diego12> exit all10:57
<TLTrader>  Covered all YM Short @ 10641 --> - 7 11:02
<les>  Exited 1/3 Long ER2 at 662.2 --> + 0.6 «« paper »»
<TLTrader>  Long YM @ 10647 11:03
<les>  Exited 1/3 Long ER2 at 662.7 --> + 1.1 «« paper »»
<mispe>  Shorts YM @ 10643 11:05
<WannaBeATrader> any good flying lately TL?11:10
<TLTrader> flew from ATL to PIE last sunday when the hurricane was approaching11:11
<WannaBeATrader> really
<les>  Exited remainder Long ER2 at 661.8 --> + 0.2 «« paper »»
<TLTrader> yep11:12
<mispe>  Covered 1/2 YM Short @ 10637 --> + 6
<WannaBeATrader> little bit rough huh?11:13
<TLTrader> believe it or not it wasn't that bad, light chop and some iceing
<WannaBeATrader> i still wouldnt mind coming over to visit11:14
<mispe>  Covered Remainder YM Short @ 10642 --> + 1
<TLTrader> whats stopp'n ya? :)11:15
Exited 1/2 YM Long @ 10648 --> + 1 11:19
<mispe>  Shorts YM @ 10646 11:21
<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.11:22
<TLTrader>  Exited Remainder YM Long @ 10645 --> - 2 11:24
<les>  Shorts ER2 @ 662.8 «« paper »»
<mispe>  Covered 1/2 YM Short @ 10642 --> + 4 11:28

 Covered Remainder YM Short @ 10643 --> + 3 11:30
<TLTrader>  Shorts YM @ 10636 11:33
<les>  Covered 1/3 Short ER2 at 662.4 --> + 0.4 «« paper »» 11:35

 exit stop moved to breakeven ER2 @ 662.8 «« paper »»
<TLTrader>  Covered 1/2 YM Short @ 10635 --> + 1 11:37
Covered Remainder YM Short @ 10636 --> 0 11:39
<les>  Covered remainder Short ER2 at 662.8 --> 0 «« paper »» 11:40
* les is now known as lesAway
<TLTrader>  Shorts YM @ 10635 11:46
<fxcorner>  Covered all USDCHF Short @ 1.2961 --> - 0.0011
<TLTrader>  Covered 1/2 YM Short @ 10629 --> + 6 11:49
<FFT>  Shorts ES @ 1228 -> medium size «« paper »» 11:50
Not paper
Come on TRIN, wake up already
uh oh11:51
<szubaark> <-- Puts on SIZE Sell for FFT11:53

 Covered 1/2 YM Short @ 10629 --> + 11 11:58
<TLTrader> i'll cover on a print of ym 10632
<WannaBeATrader> TL, i can come over anytime. i am waiting on my medical cert right now though
<TLTrader> understand
<WannaBeATrader> FAA isnt the most organized place11:59
<TLTrader> ain't that the truth
Covered Remainder YM Short @ 10632 --> + 3 12:00
just my luck12:03
<FFT> I got shook on half, was ready to exit my second half when it broke12:04

 Covered 1/2 ES Short @ 1128.25 --> + 99.75

Covered 1/2 ES Short @ 1228.25 --> - 0.25
<WannaBeATrader> i like the 99 better
<FFT> Me too. It'd get busted tho ;)
<WannaBeATrader> true that12:05
<FFT>  Covered Remainder ES Short @ 1227.25 --> + 0.75 12:11

Gotta run. cta all tomorrow
* FFT is now known as FFT_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.12:34

 #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
<danshirley> TRIN13:47
<szubaark> [12:11] <FFT> Gotta run. cta all tomorrow13:58

tomorrow's Saturday, dont think markets Open :)

3 *&^%$ point range on ES14:10
<NihabaAshi> Wow, look at the volume since 12noon est...14:12
Looks like everybody went to the beach and forgot the market was still open :)
<szubaark> Guess thats summer trading14:13
<cervenca> Just talked to a financial planner associated with Malcome Berko, finacial collumnist , told me everyone eventually loses all there money trading14:14
<szubaark> huh?14:16

"financial planner" should give u a clue..LOL14:17
<TLTrader>  Long YM @ 10632 -> small size
<cervenca> its hopeless trying to explain this to a non trader14:19
<TLTrader> pt 10645 +/-
<codehead> crude red14:21
<TLTrader>  Exited all YM Long @ 10643 --> + 11 14:23
<NihabaAshi> Looks like they are back from the beach :)14:25
<danshirley> very low volume rally14:26
<NihabaAshi>  Long ES @ 1231.00 -> small size

Will dump this...should have been filled at 1230.25...problem with broker system.14:27
<danshirley>  Shorts YM @ 10651 «« paper »» 14:33
<NihabaAshi> :(
* NihabaAshi is now known as NihabaAshi_away
<danshirley>  exit stop set YM @ 10658 «« paper »» 14:34

7 at risk
* NihabaAshi_away is now known as NihabaAshi14:35
<danshirley>  Covered all YM Short @ 10651 --> 0 «« paper »» 14:38

scratch

no sellers
<NihabaAshi> Long ER2@ 665.2014:39
What was that ???
More traders back from the beach.
<szubaark>  Long YM @ 10652

:).. prolly too hot outside14:40
<NihabaAshi>  Exited all ES Long @ 1231.25 --> + 0.25
Dumped ES...problematic entry...then I couldn't get out at 1231.00 :(14:41
* lesAway is now known as les
<NihabaAshi> Tried 1231.25 and got it.
Breakeven stop on ER2 right now.
Just a few contracts...not willing to risk much this afternoon after seeing that low volatility stuff.14:42
<les>  Buys YM @ 10654 «« paper »»
<WannaBeATrader> good idea14:44
slow rally
<NihabaAshi> No sellers but the buyers aren't coming out in full force...

Meaning...possible creeper uptrend.
<WannaBeATrader> likely creeper
<TLTrader> YM failed to bust 657 three times14:45
<WannaBeATrader> decent rally FWIW
<NihabaAshi> Yep...dow seem to also hit some resistance.

Around the 10640 area.
<TLTrader>  Shorts YM @ 10652
<WannaBeATrader> never short a dull market...14:46
<NihabaAshi> :(14:47
Out all ER2 @ 665.20
I'm done for the day...didn't like the performance in those last two trades.
<TLTrader>  Covered 1/2 YM Short @ 10651 --> + 1 14:48
<WannaBeATrader> tough one to call for sure
<szubaark> puuuuussshhhhhhhh14:51
<les> hah!14:52
<TLTrader>  Covered Remainder YM Short @ 10658 --> - 6
<les>  Exited 1/3 Long YM at 10659 --> + 5 «« paper »»
<NihabaAshi> See all tomorrow.14:53
<TLTrader> cya
<les>  Exited remainder Long YM at 10654 --> 0 «« paper »»

:(

 Buys ER2 @ 666.4 «« paper »» 14:58
<szubaark>  Exited 1/2 YM Long @ 10662 --> + 10
<les>  Exited 2/3 Long ER2 at 666.7 --> + 0.3 «« paper »»
<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.
<les>  Exited remainder Long ER2 at 666.9 --> + 0.5 «« paper »» 15:00
<szubaark> ER on its own again15:03
<les>  Shorts ER2 @ 667.1 «« paper »» 15:10

 Covered 1/3 Short ER2 at 666.5 --> + 0.6 «« paper »» 15:13

 exit stop moved to breakeven ER2 @ 667.1 «« paper »»

Covered 1/3 Short ER2 at 666 --> + 1.1 «« paper »» 15:16

 exit stop lowered ER2 @ 666.7 «« paper »»

Covered remainder Short ER2 at 666.6 --> + 0.5 «« paper »» 15:21
<cervenca>  Long YM @ 10653 «« paper »» 15:22
<TLTrader>  Long YM @ 10653 -> small size

Exited all YM Long @ 10651 --> - 2 15:29
<szubaark> yup..they pushing lower
<cervenca>  Exited all YM Long @ 10656 --> + 3 «« paper »» 15:42
<TLTrader>  Long YM @ 10654
Exited 1/2 YM Long @ 10658 --> + 4 15:56
Exited Remainder YM Long @ 10655 --> + 1 15:57
cya next week guys15:58
<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
* Disconnected 22:22
* Attempting to rejoin channel #FuturesTrades22:23
* Rejoined channel #FuturesTrades22:24
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
* DisconnectedSession Close: Fri Jul 15 22:24:35 2005