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#FuturesTrades purpose, benefits and access
info for day traders, swing traders and position traders...click
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| Session Start: Tue Jul 17 09:26:40 2007Session Ident: #futurestrades |
* Now | talking in #futurestrades | 09:26 |
<X> | [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm |
<ripsboy> | gm all... |
<davetrade> | gm traders | 09:28 |
<pat255> | gm |
<base> | GM all | 09:31 |
<jperl> | ER2 opens at yesterdays VWAP 856.41 |
* sep34_away | is now known as sep34 |
<werner> | gm all |
<jperl> | yesterdays PVP 854.10 |
<NihabaAshi> | A lot of GAP ups in the market today in different futures instruments. | 09:32 |
<Awash_afk> | morning all | 09:34 |
* Awash_afk | is now known as Awash |
* lesAway | is now known as les |
<NihabaAshi> | Long ER2 @ 856.70 -> small size | 09:35 |
<jperl> | good entry above VWAP | 09:36 |
<NihabaAshi> | Exited 2/3 ER2 Long @ 858.00 --> + 1.3 | 09:37 |
| Got more than the profit target goal on the trade. |
<RONDOE> | good morin all -housing index at 1 pm today, if good we should 14k in dow | 09:38 |
<NihabaAshi> | Letting it ride on the remainder because of the bullish price action that showed up after my first exit of the 2/3. |
| Exited Remainder ER2 Long @ 858.50 --> + 1.8 | 09:39 |
| Volatility just change. |
| |
Trading
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Trading
Strategies ->
These
strategies, from entry to exit, will exploit inefficiencies in the price action of your trading instrument
for profits in the following trading instruments via WRB Analysis: 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),
Forex Currencies (EurUsd, EurYen, UsdCdn), Exchange Traded Funds (DIA,
GLD, OIH, IWM, QQQQ, SPY, XLE) and
Hang Seng Index Futures (HSI)
|
| |
<jperl> | 2 day VWAP 857.71 | 09:40 |
<NihabaAshi> | Shorts ER2 @ 859.00 -> small size |
| 1 contract only | 09:41 |
<RussellDaytrade> | shorting on scales |
<NihabaAshi> | Covered ER2 Short @ 859.40 --> - 0.4 | 09:44 |
| Reverse and Enter Long ER2 @ 859.40 |
| 2 contracts |
| Exited all ER2 Long @ 859.10 --> - 0.3 | 09:45 |
| Shorts ER2 @ 858.40 -> medium size | 09:47 |
| Not looking for much...just want to correct the prior problematic trade management trades. | 09:48 |
| volatility has changed again up here above 858.50 | 09:51 |
| Covered all ER2 Short @ 858.30 --> + 0.1 | 09:53 |
| Geesh...took awhile to get a fill. |
<jperl> | ER2 at VWAP 857.95 | 09:55 |
<NihabaAshi> | A new WRB s/r zone has now been established in reaction to yesterdays 1:06pm - 108pm est price action sudden drop 859.20 - 858.40 | 09:58 |
| Shorts ER2 @ 857.70 -> small size | 09:59 |
| I'll be use that WRB s/r zone as a profit target for any Long positions. | 10:00 |
<jperl> | ER2 at yesterdays vWAP 856.76 | 10:02 |
<NihabaAshi> | :( | 10:03 |
| Hmmm...no fills | 10:04 |
| Covered all ER2 Short @ 857.40 --> + 0.3 |
| No fills at 857.00 | 10:05 |
<venedom> | gm |
<NihabaAshi> | Shorts ER2 @ 856.60 -> small size | 10:07 |
| :( |
<davetrade> | Shorts ES @ 1562.75 |
<NihabaAshi> | They easily filled that trade :( |
<jperl> | ER2 bounces off the open |
<NihabaAshi> | Covered ER2 Short @ 857.40 --> - 0.8 | 10:08 |
<ItalianSharp> | jees...this market doesnt wanna know about going down |
| looks like every 10-pt dip is being bough heavy |
<pat255> | yes IS... |
<ItalianSharp> | i definetely need to use a totally different strategy for shorts |
| go small and be happy with 5-8 ticks |
<pat255> | hmmm @office..:( | 10:09 |
| EM IS GOOD at it. |
<ItalianSharp> | we need YM to be 100 pts off its record highs to get some decent shorts | 10:10 |
<jperl> | ER2 bounced off VWAP 857.75 |
<venedom> | Shorts ER2 @ 857.30 | 10:11 |
<davetrade> | Covered all ES Short @ 1562.75 --> 0 |
| not easy today |
<jperl> | actually very easy today | 10:12 |
<davetrade> | good for you man :) |
<NihabaAshi> | Too many markets gapped up to the upside at the Open :( |
<pat255> | em quiet today,,,:( |
<venedom> | Covered all ER2 Short @ 857..4 --> + 857.30 - 857..4 | 10:14 |
<jperl> | volume peak building up at 857.40 area |
<venedom> | Covered all ER2 Short @ 857.40 --> - 0.1 |
<NihabaAshi> | Shorts ER2 @ 857.10 -> small size |
<RussellDaytrade> | es is feeling queasy, er lookin like a sleepy and dopey lab | 10:15 |
<jperl> | ER@ trading between two VWAPS..... |
| 1 day VWAP @ 856.79 and 2 day VWAP @ 857.75 | 10:16 |
<RussellDaytrade> | es just fullfiled my dn t as did nq, no followthru on er today to the dnside |
<NihabaAshi> | Covered all ER2 Short @ 858.00 --> - 0.9 | 10:17 |
<jperl> | peak volume just move down to 857.50 |
<NihabaAshi> | Long ER2 @ 858.30 -> medium size |
| My entry is too late and its 1 tick below my profit target zone :( | 10:18 |
<jperl> | I'm done for now.... |
| trades here... | 10:19 |
| http://charts.dacharts.com/2007-07-17/JP ERL_0112.jpg |
<NihabaAshi> | Exited all ER2 Long @ 858.60 --> + 0.3 | 10:20 |
<RussellDaytrade> | I have down targets in the low 850's (850.85 to 852.5 areas, (two separate models))...the equivalent targets for the es and nq are 1556.75 to 1555, and 2042.75 to 2039.75...if they go to new highs, new structures and targets will develop | 10:25 |
<NihabaAshi> | Shorts ER2 @ 859.20 -> small size | 10:27 |
| Taking a break after I close this trade and then will come back with a cleaner perspective about the price action. |
<venedom> | sushi time? | 10:28 |
<NihabaAshi> | No...that's out of the question today. |
<RussellDaytrade> | well, we can pretend it is! | 10:29 |
<NihabaAshi> | There's a guy here making a ton of distraction noises because he's doing some major bath room repairs :( |
| Covered 1/2 ER2 Short @ 858.60 --> + 0.6 | 10:31 |
| Should have been a 3 contract small position but I only went with 2 contracts :( | 10:32 |
<venedom> | Shorts ER2 @ 858.80 |
<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) |
<NihabaAshi> | Covered Remainder ER2 Short @ 858.90 --> + 0.3 |
| Going outside to get some fresh air. | 10:33 |
| Bringing laptop with to finish trading for the day on the patio. |
* NihabaAshi | is now known as NihabaAshi_away |
<venedom> | Covered all ER2 Short @ 859 --> - 0.2 |
| Shorts ER2 @ 859.30 | 10:36 |
<davetrade> | Shorts ES @ 1563.5 | 10:37 |
<venedom> | Covered all ER2 Short @ 858.9 --> + 0.4 | 10:39 |
| Long ER2 @ 859.10 | 10:40 |
<pdays> | Shorts ER2 @ 859.3 |
<Brutus> | 07/17/2007 09:47 DJ OIL FUTURES: Nymex Crude Hits 11-Mo High $75.05/Bbl |
<pat255> | biab ty all |
<venedom> | exit stop moved to breakeven ER2 @ 859.10 | 10:41 |
| Exited all ER2 Long @ 859.1 --> 0 |
<RussellDaytrade> | oil has almost tripled in the past 5 years, and the fed is being vigilant to see if they can find any inflation...so far they don't see any, but rest assured, they are being vigilant | 10:42 |
<davetrade> | Covered all ES Short @ 1563.5 --> 0 | 10:44 |
<venedom> | chop mkt | 10:45 |
<Fleneer> | yes. volatile here as the DOW struggles to break 14K | 10:51 |
| inflation? I havwe the "flat washer" index. take a penny and punch a hole in it and you hae a small zinc flat washer. Not very ong agi one could get a couple of those eashers with a pennie. It now takes 3 to 4 of those pennies to purchase that flat washer at your local hardware store. LOL | 10:54 |
<Awash> | ES looks like Chop suey over past 45 minutes | 11:07 |
<Fleneer> | yep it chopped me out. just watching for a bit. maybe we get some direction. | 11:08 |
<venedom> | any news 4 these awake? | 11:11 |
<RussellDaytrade> | now nicely in the green zone | 11:16 |
<NihabaAshi_away> | Shorts ER2 @ 857.90 -> small size |
* NihabaAshi_away | is now known as NihabaAshi |
<NihabaAshi> | Shorts ER2 @ 858.30 -> Add | 11:17 |
| 2 contracts now | 11:18 |
| Covered 1/2 ER2 Short @ 857.20 --> + 1.1 | 11:20 |
<RussellDaytrade> | closed some short |
* szubaark | is now known as szubaark_away | 11:21 |
<eminitrader> | Long ES @ 1561 |
<NihabaAshi> | Covered Remainder ER2 Short @ 857.60 --> + 0.3 | 11:22 |
<eminitrader> | Exited 1/2 ES Long @ 1562.50 --> + 1.5 | 11:30 |
<NihabaAshi> | ER2 is still mainly drawn to that WRB s/r zone of 859.20 - 858.40 | 11:31 |
| Whenever it gets away from it...the lust takes over and it runs back to it :) | 11:32 |
<eminitrader> | Exited 1/3 ES Long @ 1563 --> + 2 | 11:34 |
* Looking | up KnnK user info... | 11:36 |
| up losfer user info... |
| up r1ckjames user info... |
<venedom> | n1 e | 11:45 |
| Shorts ER2 @ 858.3 -> small size |
| Shorts ER2 @ 858.1 -> Add | 11:48 |
<eminitrader> | thx v | 11:49 |
<venedom> | Covered all ER2 Short @ 858.3 --> - 0.2 | 11:54 |
| Covered all ER2 Short @ 858.30 --> 0 | 11:55 |
<Brutus> | 1300/1700 Jul NAHB Housing Index | 12:03 |
| Housing Market Index 28 |
| 1300/1700 Kansas City Fed Pres Hoenig speaks on monetary policy and |
| the economic outlook in North Platte, Neb. |
<RussellDaytrade> | I was wonderin about the economic outlook in North Platte | 12:04 |
<NihabaAshi> | Long ER2 @ 858.00 -> small size |
<venedom> | must be hot now |
<RussellDaytrade> | yes, and getting hotter | 12:05 |
<NihabaAshi> | ER2 voaltility dropping fast. | 12:10 |
| I'm expecting a volatility spike here soon. |
<Awash> | more chop | 12:12 |
<RussellDaytrade> | chop sushi? |
| looks down to me | 12:13 |
<eminitrader> | Exited Remainder ES Long @ 1561 --> 0 | 12:14 |
<NihabaAshi> | I['m losing my support area :( | 12:15 |
<Awash> | speaking of chop sushi, i'm ready for lunch but may have to stay to trade |
<davetrade> | Shorts ER2 @ 857.9 |
<NihabaAshi> | Exited ER2 Long @ 857.70 --> - 0.3 |
| Reverse and Enter Short ER2 @ 857.70 |
| 2 contract trade now | 12:16 |
<Awash> | maybe we retest LOD's |
<RussellDaytrade> | es the leader to the downside today | 12:17 |
<Awash> | same as yesterday |
<eminitrader> | was just abt to say that |
| but NQ and YM at solid supp area |
<NihabaAshi> | Covered all ER2 Short @ 857.60 --> + 0.1 | 12:18 |
<eminitrader> | shld see a bounce in the ES if NQ and YM supp holds here |
<NihabaAshi> | Long ER2 @ 857.70 -> small size |
| 3 contracts |
<eminitrader> | Long ES @ 1560 | 12:19 |
<RussellDaytrade> | I'm thinkin the larger structure to the downside is about / may be about to manifest itself about in here, with a little push to initiate it, and get it moving | 12:20 |
<NihabaAshi> | Exited all ER2 Long @ 857.30 --> - 0.4 | 12:21 |
<RussellDaytrade> | er needs to drop abuck and a half fairly rapidly on volume to help usher it in |
<NihabaAshi> | Shorts ER2 @ 857.40 -> large size | 12:22 |
<venedom> | Shorts ER2 @ 857.4 -> medium size | 12:23 |
<NihabaAshi> | We need to be careful here venedom |
<Brutus> | 07/17/2007 12:20 *DJ OIL FUTURES: Nymex Crude Falls Below $74/Bbl |
<venedom> | y |
<NihabaAshi> | Market trying hard to find some support. |
<venedom> | needto brk 57 | 12:24 |
<RussellDaytrade> | the opportunity is slipping by...bears are loungin poolside |
| dinks |
<davetrade> | Covered 1/3 ER2 Short @ 857.2 --> + 0.7 | 12:25 |
<NihabaAshi> | Covered all ER2 Short @ 857.20 --> + 0.2 |
| Didn't have the patience to see that trade to its profit target :( | 12:26 |
| Plus there was some "fear". |
<venedom> | stop at .6 | 12:27 |
<davetrade> | Covered 1/3 ER2 Short @ 857.4 --> + 0.5 |
<venedom> | exit stop set ER2 @ 857.5 | 12:28 |
<NihabaAshi> | If it drops below the support of 857.00...it should continue further down to at least a WRB |
| Ooops...its doing it now :) |
<davetrade> | Covered Remainder ER2 Short @ 856.7 --> + 1.2 |
<venedom> | exit stop lowered ER2 @ 857.30 |
<NihabaAshi> | It just reached a WRB at 856.60 | 12:29 |
| Shorts ER2 @ 856.50 -> small size | 12:30 |
<eminitrader> | Exited all ES Long @ 1559 --> - 1 |
<NihabaAshi> | 2 contracts only |
| Looking for another WRB below |
<davetrade> | Long ER2 @ 856 |
<NihabaAshi> | Covered all ER2 Short @ 856.10 --> + 0.4 | 12:32 |
| Caught the WRB |
<RussellDaytrade> | closed more short |
<davetrade> | Exited 1/2 ER2 Long @ 856.4 --> + 0.4 |
| Exited Remainder ER2 Long @ 856 --> 0 | 12:33 |
<RussellDaytrade> | need to break the bulls spirit here | 12:34 |
<davetrade> | Shorts ER2 @ 856.7 |
| corection it is 855.7 |
<RussellDaytrade> | very nice, very predictable |
<davetrade> | Covered all ER2 Short @ 856.7 --> 0 |
| Shorts ER2 @ 855.7 | 12:35 |
| Covered 1/3 ER2 Short @ 855.2 --> + 0.5 |
<Awash> | stronger support at PDL and all sessions LOD | 12:36 |
<venedom> | Covered all ER2 Short @ 855.30 --> + 2.1 |
<davetrade> | Covered 1/3 ER2 Short @ 855.2 --> + 0.5 | 12:37 |
<NihabaAshi> | Venedom, excellent patience and sticking with the trade. |
<RussellDaytrade> | all out flat |
<Awash> | nice trading Dave, Vene, RD |
<Brutus> | Long ES @ 1557.75 «« paper »» |
<venedom> | ty |
<eminitrader> | very nice call v | 12:38 |
<Brutus> | exit stop set ES @ 1557 «« paper »» |
<davetrade> | Covered Remainder ER2 Short @ 855.7 --> 0 |
<RussellDaytrade> | thx A, worked out well |
<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> | where u posting ur trades RD? |
<Brutus> | Exited ES Long @ 1558.25 --> + 0.5 «« paper »» | 12:41 |
<RussellDaytrade> | just texting the broad themes underpiining my outlook and trades, not 'posting' the actual trades, which in my view is providing more value via my mkt insight and outlooks, along with target levels, in many instances. :) |
<Awash> | cool | 12:42 |
<davetrade> | Long ER2 @ 856 | 12:43 |
<RussellDaytrade> | 858.1, 1561, and 2056...possible up t's, if an upleg gets traction...how's that EM? | 12:46 |
<davetrade> | Exited all ER2 Long @ 855.8 --> - 0.2 | 12:50 |
<Brutus> | 1300/1700 Jul NAHB Housing Index, I'm still thinking long | 12:53 |
<davetrade> | chopy chopy market | 12:57 |
<RussellDaytrade> | its GWL time | 12:58 |
<davetrade> | yes lunch |
<Brutus> | 24 est 27 | 12:59 |
<davetrade> | Shorts ER2 @ 855.7 | 13:00 |
<eminitrader> | Long ES @ 1558 |
<davetrade> | Covered all ER2 Short @ 856.7 --> - 1 | 13:02 |
<eminitrader> | Exited 1/2 ES Long @ 1559.50 --> + 1.5 | 13:03 |
<RussellDaytrade> | I'm going out (to the kitchen) for breakfast | 13:18 |
<eminitrader> | just got done with lunch :) | 13:19 |
| Exited 1/3 ES Long @ 1560 --> + 2 | 13:20 |
<Brutus> | nice e, I didnt get a fill at 1558.5 to slow:( | 13:21 |
<eminitrader> | for a buy u mean | 13:22 |
<Brutus> | yep |
<eminitrader> | k...i dont see much upside untill 1562 is taken out ...prolly test the lows again from 1560.50-1562 | 13:23 |
<Awash> | brutus, maybe you'll get a buy on the retest of LOD, if any | 13:26 |
<Brutus> | everything confirmed the long entry then, so a retest may not be so good. | 13:28 |
<Awash> | understood |
<eminitrader> | agree.. |
| think more downside coming | 13:29 |
* codehead_afk | is now known as codehead |
<Brutus> | if my macro read is correct we should close in the mid to upper end of the range today |
<Awash> | stronger support below 1557.50 |
<Brutus> | Notable companies reporting Tuesday includes: Coca Cola (KO), Intel (INTC), Merrill Lynch (MER), Yahoo (YHOO). |
| may cause AH movement today | 13:30 |
<RussellDaytrade> | good news priced in?? | 13:31 |
<eminitrader> | yep...we never will know after the fact |
<Brutus> | yep but a little push further does not harm ;) | 13:32 |
<RussellDaytrade> | feels like a balancepoint right here in the er, whichefver way it travels may set the course for a swing leg | 13:33 |
<eminitrader> | that wld prolly lead a momemtum towards 1620 on the SP which i'm expecting before a decent correction .. |
| i think it may bounce from the 1540 area ..so may see a downtrend day soon | 13:34 |
<Brutus> | yes e so lets call it a minor pullback :) |
<eminitrader> | cant think of anything else :) | 13:35 |
<RussellDaytrade> | well I hope it goes up first so I can initiate new shorts, in my preferred manner, 'sell when the sun's shining' |
| thats target fulfillments, a little shy of tatrgets on all indices, but, close enuf...ooh, er, 858.1, thataboy | 13:38 |
<eminitrader> | Exited ES Long @ 1561.25 --> + 3.25 |
| Reverse and Enter Short ES @ 1561.25 |
<RussellDaytrade> | five minurtes late |
<eminitrader> | Shorts ES @ 1561.75 -> Add | 13:39 |
<NihabaAshi> | Long ER2 @ 857.90 -> small size | 13:40 |
<eminitrader> | partial fill @ 61.75 so holding 7 |
<RussellDaytrade> | initiating new shorts small size wide scales | 13:41 |
<eminitrader> | nq and ym not aligned with the ES on this set-up :( | 13:42 |
<NihabaAshi> | Volatility dropping again...expecting a spike soon...hopefully upwards and not downwards. |
| I only have 2 contracts on this trade and I still feel that "fear"...very unusual to have that feeling in my trading. | 13:43 |
<RussellDaytrade> | feels higher on a 'surprise attack' basis |
<eminitrader> | Shorts ES @ 1561.75 -> Add | 13:44 |
<NihabaAshi> | Exited all ER2 Long @ 858.20 --> + 0.3 |
<eminitrader> | now holding 10 avg 1561.50 |
<Awash> | Long ES @ 1562 | 13:49 |
<jperl> | ER2 hitting up against 1 wk PVP 858.30 |
<Awash> | Exited all ES Long @ 1562.25 --> + 0.25 | 13:50 |
| don't like my entry |
<eminitrader> | looks pretty good A | 13:51 |
| for a brekout |
| test of hod |
<Awash> | should have entered at 1560.25 but walked away from computer for a minute | 13:52 |
| missed it |
| chased too far |
<RussellDaytrade> | if you don't like it A, you can always close it | 13:53 |
<Awash> | agree, i did |
<RussellDaytrade> | looks like it may have a little left in it |
| sol another | 13:54 |
<eminitrader> | Covered 1/2 ES Short @ 1561.50 --> + 0.25 | 13:57 |
<Brutus> | 07/17/2007 13:54 *DJ Hoenig:Housing Sector Taking Longer Than Thought To Recover |
<RussellDaytrade> | nq's on steroids | 13:58 |
<eminitrader> | thats b/e on avg |
| |
WRB Analysis
|
|
| |
<Brutus> | 07/17/2007 13:54 *DJ Hoenig: Higher Inflation Could Change Rate Outlook For Fed |
<eminitrader> | thats what made me change my plan |
| meant NQ |
<NihabaAshi> | Shorts ER2 @ 858.30 -> small size | 13:59 |
| I took this exact same trade before at 1 tick below an old WRB s/r zone that got re-established today :( |
| Will take another break from trading after I close this trade. | 14:00 |
<RussellDaytrade> | 856.7, 1560.75, and 2056.25 are my t's if it retraces in here |
| 12:41 mnt | 14:01 |
<eminitrader> | 1560-1561 is where i will reverse ...if it gets there |
<pat255> | em u still S ? | 14:04 |
<eminitrader> | yes pat |
<pat255> | kty |
<Brutus> | INTC is up 2% news leaked |
<NihabaAshi> | Covered ER2 Short @ 859.00 --> - 0.7 | 14:05 |
<pat255> | guess just buy buy |
* NihabaAshi | is now known as NihabaAshi_away |
<Brutus> | intc is backing down ES should follow | 14:09 |
<eminitrader> | Covered ES Short @ 1563 --> - 1.75 | 14:14 |
| Reverse and Enter Long ES @ 1563 |
<davetrade> | Shorts YM @ 14087 | 14:15 |
<eminitrader> | Exited all ES Long @ 1563 --> 0 | 14:17 |
| :(( |
<RussellDaytrade> | they're throwin a few punches at'cha, get in there and throw a few back. :) | 14:18 |
<eminitrader> | lol |
| waiting RD ...times not right yet | 14:19 |
<pat255> | rd ? divergence |
<RussellDaytrade> | yep, give it time to tip its hand | 14:20 |
| I am not as clear on it at the moment Pat, feel like mkt may get taken up more, so keeping small short, and using fairly wide scales on adds...am preferencing shorts, so not inclined to long, even if I see an upleg setting up, just waiting for shorts to setup, or high prices, and jsut 'puttin it out there' | 14:22 |
<eminitrader> | ES now in an uptrend shld test hod and prolly new highs | 14:23 |
<RussellDaytrade> | feels like it has firmed from underneath, to me, also. |
<eminitrader> | yep..looks like the floor is set | 14:24 |
| wld like it to retrace a couple of pts ...and give me an entry :)) | 14:25 |
<davetrade> | Covered all YM Short @ 14086 --> + 1 |
<RussellDaytrade> | in the event that is does begin to decline, on a larger 'intraday' structure in here, which I don't have a clear sense of either way, my target is near 854.5...doesn't feel like its likely, I just like to work the numbers and keep them present | 14:27 |
<eminitrader> | i,m looking 1561-1562 now | 14:29 |
* NihabaAshi_away | is now known as NihabaAshi | 14:33 |
<NihabaAshi> | Long ER2 @ 859.90 -> small size | 14:34 |
| Exited all ER2 Long @ 860.00 --> + 0.1 | 14:41 |
| :( |
| I went to a trailing stop too soon. | 14:42 |
<RussellDaytrade> | added another round | 14:43 |
<pat255> | S rd? | 14:44 |
<davetrade> | Shorts ES @ 1564.5 |
<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) |
<ItalianSharp> | this type of mkt makes it hard to hold onto winning trades, makes it hard to reverse positions, and makes it hard to do some decent size | 14:45 |
| basically, IT SUCKS |
<RussellDaytrade> | yes...down from days high pft, but still profitable, and have small short on, in case it feels like (if and when) obliging me to the downside |
<pat255> | k.. | 14:46 |
<NihabaAshi> | Yep...reason why I've been keeping my overall size small especially since we are range-bound the past few trading days. |
<pat255> | y we are in lofty area..need to be careful.. | 14:47 |
<RussellDaytrade> | Perhaps, just perhaps, we have just seen the 'raising of the fantail' move in the er...ie, the proverbial raising of the stern, just prior to the ship heading for DavyJones locker, (as in the movie Titanic)...what I especially about this setup, is that it only beclomes clear 'after' the second leg kicks in, (the submerged part), which normally takes hold the following day, so, that one has to both exhibit and exercise... | 14:51 |
| an ability and a penchant for being able to anticipate events before they actually occur. | 14:52 |
<davetrade> | Covered 1/3 ES Short @ 1563.5 --> + 1 | 14:53 |
<eminitrader> | Long ES @ 1563.25 |
| 10 lot |
<RussellDaytrade> | I beleive exercising ones powers of anticipating is one of the best ways of improving in being able to do just that. | 14:54 |
| and if at first you don't succedd, try again |
<Awash> | E, what made you chose 1563.25J? | 14:55 |
<eminitrader> | my ma's support |
<Awash> | K |
| just curious, in line at 1562 | 14:56 |
| may need to step up a bit |
<eminitrader> | will add there upto 1561 |
| Exited 1/2 ES Long @ 1564.25 --> + 1 | 14:57 |
| Exited 1/3 ES Long @ 1564.75 --> + 1.5 | 14:59 |
<jperl> | I'm done for today....trades here.... | 15:01 |
| http://charts.dacharts.com/2007-07-17/JP ERL_0113.jpg |
<davetrade> | Covered Remainder ES Short @ 1564.5 --> 0 | 15:02 |
| Shorts ER2 @ 860 |
<eminitrader> | Exited Remainder ES Long @ 1563.25 --> 0 | 15:04 |
<pat255> | later gyus ...ty all | 15:05 |
<RussellDaytrade> | http://youtube.com/watch?v=nhgVwKDob5g | 15:06 |
| titanic going to DavyJones locker |
<eminitrader> | Long ES @ 1564 | 15:08 |
<Awash> | Long ES @ 1564 |
| PA came off that 1563.25 level | 15:09 |
| watching closely for an advance |
<eminitrader> | Exited all ES Long @ 1564 --> 0 | 15:12 |
<davetrade> | Covered 1/3 ER2 Short @ 859.2 --> + 0.8 | 15:21 |
<NihabaAshi> | Shorts ER2 @ 859.20 -> small size |
<Awash> | Exited all ES Long @ 1563 --> - 1 | 15:22 |
<RussellDaytrade> | new high pfts for day |
<davetrade> | Covered 1/3 ER2 Short @ 858.5 --> + 1.5 |
<eminitrader> | nice call dt | 15:23 |
<davetrade> | ty |
<eminitrader> | Long ES @ 1562.50 | 15:24 |
<davetrade> | Covered Remainder ER2 Short @ 858 --> + 2 | 15:25 |
<eminitrader> | Long ES @ 1562 -> Add | 15:26 |
| Exited 1/3 ES Long @ 1563 --> + 1 |
| Long ES @ 1562 -> Add | 15:33 |
| back to 10 |
<NihabaAshi> | Covered 1/2 ER2 Short @ 858.10 --> + 1.1 |
<davetrade> | Long ER2 @ 858 | 15:34 |
<Brutus> | YHOO is up 3% | 15:39 |
<davetrade> | Long ER2 @ 857 -> Add | 15:40 |
<RussellDaytrade> | very nice, very, very nice | 15:41 |
<NihabaAshi> | Almost there to my profit target WRB s/r zone of 856.70 - 856.20 |
<eminitrader> | Long ES @ 1560.75 -> Add | 15:42 |
<NihabaAshi> | Covered Remainder ER2 Short @ 856.30 --> + 2.9 | 15:45 |
<RussellDaytrade> | I almost hate closing these shorts thery're workin so well |
<eminitrader> | :)) |
<NihabaAshi> | Got more than my goal on that trade. |
<RussellDaytrade> | took a litlle off |
<eminitrader> | Exited all ES Long @ 1559.75 --> - 3.75 | 15:50 |
<davetrade> | Exited all ER2 Long @ 856 --> - 3 | 15:51 |
<eminitrader> | wasted day ..:(((( |
<RussellDaytrade> | that's an usual occurance | 15:52 |
<davetrade> | ye big surprise at the end |
<eminitrader> | back to zero + commish |
| u got the ans RD :)) |
<RussellDaytrade> | you trying to fool the brokers into thinkin they may actually get some of their monies back? |
<eminitrader> | sure did today... | 15:53 |
<RussellDaytrade> | I'm bettin on you, not against you | 15:54 |
<Brutus> | 07/17/2007 15:54 Yahoo-YHOO call volume heavy; July straddle suggests $1.45 move on EPS - YHOO is recently up .69 to $27.40. YHOO is expected to report EPS of .11 cents after the close tonight according to Thomson First Call. YHOO July 27.5 straddle priced at $1.72. YHOO call option volume of 180,374 contracts compares to put volume of 89,538 contracts according to Track Data. |
<eminitrader> | almost -1400 on the last trade |
<RussellDaytrade> | closed another |
<Brutus> | 07/17/2007 15:45 Intel-INTC call volume heavy as option prices inline with EPS hedging - INTC is recently up .40 to $26.35. INTC is expected to report EPS of .15 cents after the close tonight according to Thomson First Call. INTC July 25 straddle priced at $1.85. INTC call option volume of 230,955 contracts compares to put volume of 78,450 contracts according to Track Data. | 15:55 |
<eminitrader> | U GO... |
| by the way ..excellent shorts RD |
<Brutus> | I'm still till expect a lift in Globex |
<eminitrader> | well tommorpws another day...no o/t for me...will start @ 8:30 tommorow ..if there is a o/n trend | 15:56 |
<RussellDaytrade> | thx EM, may be about one of the most efficient days I've had, as measured by pft's over number of trades |
<Brutus> | YEp 0830 is CPI data | 15:57 |
<eminitrader> | clear signs of moving forward ...good job |
| yes B..prolly move the mrkt either way | 15:58 |
<Brutus> | Speaking of going forward, you going to trade a live account RD? |
<RussellDaytrade> | yep, the federallies don't see inflation yet, but they have their ears to the tracks and their eyes on the horizon, scanning, ever-vigialnt (my ass) | 15:59 |
<eminitrader> | lol |
<RussellDaytrade> | just as soon as I can procure one B |
| still trying to fuigure out how the mkt trades...how am I doing thus far? | 16:00 |
* sep34 | is now known as sep34_away |
<RussellDaytrade> | oh my gosh, 854.5, (somebody must be reading my forecasts) | 16:01 |
| closed another, one left |
<eminitrader> | whaeever u r doing ...seems to be working...:)) |
| later guys ...my turn to take the kids to their kumon class | 16:02 |
<Brutus> | cu e |
<eminitrader> | later b |
<RussellDaytrade> | a unique belnd of statistics, imagination, pattern-recognitions, and a little good old-fashioned luck | 16:03 |
<eminitrader> | looks like nq is frozen |
<RussellDaytrade> | so long all |
<eminitrader> | compared to the last min move on the ES and ym |
<Awash> | good night all | 16:04 |
<RussellDaytrade> | http://youtube.com/watch?v=uO_vFuzPJvc | 16:05 |
| thats what I've listened to this afternoon |
<NihabaAshi> | ER2 filled in its GAP | 16:07 |
<werner> | gn all | 16:15 |
<Brutus> | 07/17/2007 16:15 *DJ Intel 2Q Net $1.28B Vs Net $885M, +44% >INTC |
| 07/17/2007 16:15 *DJ Intel 2Q EPS 22c Vs EPS 15c >INTC |
| 07/17/2007 16:15 *DJ Intel 2Q Rev $8.68B Vs $8.01B, +8.4% >INTC | 16:16 |
<NihabaAshi> | That's a wrap and if I didn't recognize the range bound market over the past few trading days... |
| I would have never had taken that last trade that produce some decent profits. | 16:17 |
| Interesting too that the repair guy had finished his work about 15mins before that trade :) | 16:18 |
<Brutus> | now thats a good indicator :) cu |
<base> | lol :) | 16:19 |
| See you traders, good night all. |
<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) | 16:50 |
* DisconnectedSession | Close: Tue Jul 17 17:11:00 2007 | 17:11 |
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