Session Start: Fri Jul 22 09:31:53 2005Session Ident: #FuturesTrades
* Now talking in #FuturesTrades09:31
<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> Howdy PJ09:32
<PapaJon> hey fft :)
<NihabaAshi> No key economic reports today...will be taking it easy this a.m.

A few trades and nothing more.
<FFT>  Shorts ES @ 1232 09:33
<PapaJon> sheesh... i just got a pm spam09:37
<NihabaAshi> Missed a Long entry at 670.90 :(
<FFT>  Covered all ES Short @ 1231.5 --> + 0.5 09:40
<NihabaAshi>  Shorts YM @ 10643.00 -> small size
<FFT> So much for my gap closer :(
<mispe>  Shorts ER2 @ 10643 09:42
no it's YM
<NihabaAshi>  exit stop moved to breakeven YM @ 10643.00

:( Punks

 Trailing Stop Hit YM @ 10643.00 --> 0 09:43
<mispe>  Covered all ER2 Short @ 10645 --> - 2 09:44
<NihabaAshi>  Shorts YM @ 10650.00 -> small size
<TLTrader>  Long YM @ 10653 09:45
<FFT>  Shorts ES @ 1233.5
<NihabaAshi>  exit stop moved to breakeven YM @ 10650.00 09:49
<patr82>  Long ES @ 1232.75
<NihabaAshi> And again :(09:50
Trailing Stop Hit YM @ 10650.00 --> 0
<TLTrader>  Exited 1/2 YM Long @ 10655 --> + 2
<szubaark> YM can be a choppy bugger
<TLTrader> didn't like that pullback
<les>  Buys ER2 @ 674.3 «« paper »» 09:51
<NihabaAshi> Looks like that missed Long in ER2 I mentioned early at 670.90 is haunting me now :(09:52
<TLTrader>  Exited Remainder YM Long @ 10653 --> 0 09:54
<mispe>  Long ER2 @ 673.9 09:57

 Exited 1/2 ER2 Long @ 674.3 --> + 0.4 09:58

 Exited Remainder ER2 Long @ 674 --> + 0.1 09:59
<les>  Exited 1/3 Long ER2 at 674.8 --> + 0.5 «« paper »» 10:00
<FFT>  Shorts ES @ 1233.75 -> Add

Covered 1/2 ES Short @ 1233 --> + 0.75 10:01
<les>  Exited remainder Long ER2 at 673.6 --> - 0.7 «« paper »»
<FFT> One more tick, come on ES10:02

 Covered Remainder ES Short @ 1232.75 --> + 0.75

Sure feels like we're going down hard10:04

Gonna go down hard, that is
<jperl>  Shorts ES @ 33 «« Scalp »»
<TLTrader>  Shorts YM @ 10646
<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.10:05
<mispe>  Shorts ER2 @ 673.4 10:06
<jperl>  Covered ES Short @ 32 --> + 1 «« Scalp »»
<TLTrader>  Covered 1/2 YM Short @ 10639 --> + 7
<patr82> my system is long for the whole day so i have to just sit and bear this go up and down all day. so im going to step away from the screen so i don't have to watch. i have my stops in place for protection10:07
<mispe>  Covered 1/2 ER2 Short @ 672.8 --> + 0.6

Covered Remainder ER2 Short @ 672.6 --> + 0.8 10:08
<TLTrader>  exit stop set YM @ 10644 10:09
<mispe>  Shorts ER2 @ 672.8 10:10

 Covered all ER2 Short @ 673.2 --> - 0.4 10:11
<TLTrader>  Covered Remainder YM Short @ 10639 --> + 7
no exit but the roofer is here
<FFT>  Shorts ES @ 1232 10:12
<les>  Shorts ER2 @ 672.3 «« paper »» 10:14
Covered 1/3 Short ER2 at 671.8 --> + 0.5 «« paper »»
<mispe>  Long ER2 @ 672.3 10:17
<m618a> gm10:18
Shorts ZB @ 115-21
<mispe>  Exited 1/2 ER2 Long @ 673 --> + 0.7 10:22

 Exited Remainder ER2 Long @ 672.3 --> 0 10:25
<FFT>  Shorts ES @ 1232 -> Add 10:28
Covered 1/3 ES Short @ 1231.5 --> + 0.5 10:29
<mispe>  Long ER2 @ 671.6 10:30
<TLTrader>  Long YM @ 10636 -> small size
<mispe>  Exited all ER2 Long @ 671.8 --> + 0.2 10:31
<TLTrader>  Exited all YM Long @ 10629 --> - 7 10:32
Shorts YM @ 10628 -> small size 10:34
<pdays>  Shorts YM @ 10625 «« paper »»
<FFT>  Covered Remainder ES Short @ 1230.25 --> + 1.75 10:44
<pat255> nice fft
<FFT> Bastids tagged my exuit, and reversed just before my order was hit :(
Thanks Pat.
<NihabaAshi> Well...I had two good short entries today and got nothing out of them...10:46
<TLTrader>  Covered all YM Short @ 10610 --> + 18
<NihabaAshi> Just sitting here watching and not much into trading today.
* lesAway is now known as les
<szubaark> nice TLT10:47
<NihabaAshi> Yep...anything above YM 5 point noise level is a good trade.
<TLTrader> i almost covered at a loss around 10635

but since it was small size I decided to give it more room10:48
<les>  Shorts ER2 @ 669.5 «« paper »» 10:54
<mispe>  Long ER2 @ 670.3 10:56
<szubaark>  Long YM @ 10615] 11:00
<pdays>  Covered all YM Short @ 10618 --> + 7 «« paper »» 11:01
* lesAway is now known as les11:02
<mispe>  Exited 1/2 ER2 Long @ 670.7 --> + 0.4 11:05
<szubaark>  Exited 1/2 YM Long @ 10619 --> + 10619 - 10615] 11:07
<mispe>  Exited Remainder ER2 Long @ 671 --> + 0.7
<szubaark> +4
let me type it again11:15
Long YM @ 10615
Exited 1/2 YM Long @ 10619 --> + 4 11:16
exit stop moved to breakeven YM @ 10615
<TLTrader>  Shorts YM @ 10634 -> small size
<szubaark> 634 should see some Resistance here11:17
<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.
<TLTrader>  Covered all YM Short @ 10631 --> + 3 11:18
<mispe>  Shorts ER2 @ 671.5

Covered all ER2 Short @ 670.9 --> + 0.6 11:20

 Long ER2 @ 671.2 11:22

 Exited all ER2 Long @ 670.9 --> - 0.3 11:24
<les>  Shorts ER2 @ 670.5 «« paper »» 11:27
Covered 1/3 Short ER2 at 670 --> + 0.5 «« paper »» 11:33
late, sorry
Covered remainder Short ER2 at 670.5 --> 0 «« paper »» 11:34
<szubaark>  Exited all YM Long @ 10615 --> 0 11:38
<mispe>  Long ER2 @ 670 11:39
<jperl>  Shorts ES @ 30.50 «« Scalp »»
<mispe>  sell limit to exit ER2 long @ 669 11:40
<jperl>  Covered ES Short @ 30.75 --> - 0.25 «« Scalp »» 11:44
<mispe>  Exited 1/2 ER2 Long @ 670.8 --> + 0.8 11:45
Exited Remainder ER2 Long @ 6670.7 --> + 6000.7 11:47
whoop
670.7 = +0.7
Bye Bye have a good WE !11:53
<NihabaAshi>  Shorts YM @ 10619.00 -> small size 12:00

 Covered YM Short @ 10629 --> - 10 12:06

 Reverse and Enter Long YM @ 10629

My stop on that short was 10632.0012:07

However, I reversed the trade too soon and am now in a Long position without any confirmation to go Long :(

With the two breakeven prior Shorts and the missed long signal in ER2 (key trade miss)...12:08

This Long (current) will be my last trade of the day eventhough its a small size.12:09

Calling it quits to keep losses small and will take it easy (no trades) for the remainder of the day.

Only thing I have on my side of this trade is the fact the Long is still within the "residual" reaction to a Higher Low.12:13

 exit stop raised YM @ 10619.00
<TLTrader>  Shorts YM @ 10625 12:21
<m618a>  Covered all ZB Short @ 115-22 --> + 115-21 - 115-22 12:27
<NihabaAshi>  exit stop raised YM @ 10620.00 12:28
<TLTrader>  Covered 1/2 YM Short @ 10623 --> + 2
<NihabaAshi> My 2 contracts just got picked pocketed...12:29
Take care all...I'm done for the day. It's time to enjoy the weekend.
<TLTrader> u 2 niha
<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.
<TLTrader>  exit stop set YM @ 10620 12:41
* NihabaAshi is now known as NihabaAshi_away12:42
<TLTrader>  Covered Remainder YM Short @ 10611 --> + 14 12:43
<FFT>  Shorts ES @ 1230 -> medium size 12:51
<TLTrader>  Long YM @ 10606

Exited 1/2 YM Long @ 10607 --> + 1 12:57

 Exited Remainder YM Long @ 10614 --> + 8 13:08
<FFT>  Covered all ES Short @ 1230.5 --> - 0.5 13:18
Well, that's a wrap for me. Have a nice weekend everybody13:19
<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.13:41
<TLTrader>  Shorts YM @ 10620 14:01
Covered 1/2 YM Short @ 10613 --> + 7 14:02
* Disconnected 14:23
* Attempting to rejoin channel #FuturesTrades15:54
* 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
<szubaark> Niha did u catch this run-up?
<coolweb> My cap around 200k, trading 1 lot, gives me around a 0.002% risk per day for $20-50 lost15:56
<szubaark> wow! you Rich!
<coolweb> considering futures margin is $500
I don't think you should work on the method before trading 2 lots
think15:57
<NihabaAshi> szu...no...I was out doing personal stuff...called it quits early this morning.
<coolweb> becasuse later
you can buy 10-20 lots easily with 15k once your entries are good
<TLTrader>  Long YM @ 10657
<coolweb> which I think is the best thing to futures, its all about method refinement, not about $$$
<TLTrader>  Exited 1/2 YM Long @ 10660 --> + 3 15:58
<NihabaAshi> However, I documented (live-recording) of its price rise because my best trade signal appeared at 2:35pm est as a Long signal.15:59
<tSOB> Couldn't post today, but it wasn't pretty for me. 4 stops, no winners. the setups just didn't quite set up when it counted.
<TLTrader>  Exited Remainder YM Long @ 10660 --> + 3
<tSOB> Hope you all did well16:00
<TLTrader> IB TWS keeps losing connection so I bailed
<coolweb> szubaark: I think thats the key , because most starters lose all their capital before learning all the dos and don'ts, just for your info , and we all want to make it16:01
<TLTrader> goota run c u fellas next week16:03
<coolweb> see yah later TLTrader

good trading this week :)

I'm going to open another IB account, Going to hire a coder to chart out the DOM through their API16:04

I see something interesting through it
<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.16:05
* DisconnectedSession Close: Fri Jul 22 16:36:05 200516:36