Session Start: Tue Jul 26 09:31:09 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
<danshirley> euro down, dollar up bonds flat09:32
<patr82> 3 out of my 5 systems are dead this morning
<danshirley> consumer conf at 1009:33

shuttle T-20 min and holding09:34
<NihabaAshi>  Shorts ES @ 1233.50 -> small size
<PapaJon> gm all09:36
<FFT>  Shorts ES @ 1233.5 «« paper »»
Not paper09:37
<NihabaAshi> I have no wiggle room on this trade...Short entry should have been at 1234.50...
<patr82> fet and Nihab are on same page.
<NihabaAshi> I'm a little slow in reacting to price out of the gate :(
<FFT>  Covered all ES Short @ 1233.25 --> + 0.25 09:38
<TLTrader>  Long YM @ 10609 «« Scalp »»
<patr82> all my long signals have been eliminated now
so if i get to trade today, it will be a short
<TLTrader>  Exited YM Long @ 10612 --> + 3 «« Scalp »»
<NihabaAshi>  exit stop lowered ES @ 1234.50 09:39
<szubaark>  Shorts YM @ 10604
<NihabaAshi>  exit stop moved to breakeven ES @ 1233.50 09:40
<FFT> Strong bidders @ 2.75 :(
<NihabaAshi>  Trailing Stop Hit ES @ 1233.50 --> 0
That's what happens when I lose my "wiggle" room :(09:41
<patr82> ya if you would have got there at 34.50, that would have been cool
<FFT>  Shorts ES @ 1233.5 09:42
<pat255> S es 1233.5 too..09:43
<NihabaAshi>  Shorts ES @ 1233.00 -> large size
<danshirley> launch looks like about 9:5409:44
<NihabaAshi>  Key Economic Report Alert -> 10am est Consumer Confidence <--- If volatility appears...be prepared to exploit such.09:45
* codehead is now known as codehead-bbl
<TLTrader>  Long YM @ 10612 09:48
<NihabaAshi>  Shorts ES @ 1233.75 -> Add
<szubaark>  Covered all YM Short @ 10616 --> - 12
:((
<TLTrader>  Exited 1/2 YM Long @ 10616 --> + 4
<NihabaAshi>  exit stop raised ES @ 1234.50 09:49
Ooops...09:50
<TLTrader>  Exited Remainder YM Long @ 10612 --> 0
<NihabaAshi>  exit stop lowered ES @ 1234.75
exit stop lowered ES @ 1234.50 09:52
<danshirley> LAUNCH IS HOLDING09:54
<NihabaAshi> Delayed ???
<danshirley> scheduled hold??
<szubaark>  Long YM @ 10607 09:55
<NihabaAshi>  Trailing Stop Hit ES @ 1234.50 --> - 2.25
<pat255> .short covering ahead of #?09:56
<NihabaAshi> Maybe...still trying to find a good spot if something shows...
<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.09:57
<szubaark> guess we waiting for report09:58
<FFT> expecting 106.2
<coolweb> waiting for consumer confidence?09:59
<NihabaAshi>  Shorts ES @ 1233.75 -> large size 10:00
<danshirley> U.S. JULY CONSUMER CONFIDENCE FALLS TO 103.2 VS 106.2
<FFT> Thanks DS
<danshirley>  U.S. JULY CONSUMER CONFIDENCE BELOW CONSENSUS 105.9
<szubaark>  Exited all YM Long @ 10608 --> + 1
Shorts YM @ 10605 10:01
<NihabaAshi> :(

It's not going to hold :(
<szubaark> too many frikin shakes10:02
<FFT> Man, this guy narrating the shuttle launch is putting me to sleep :(
<NihabaAshi> Come on...push :)10:03
<szubaark>  Covered 1/2 YM Short @ 10595 --> + 10 10:04
<FFT> Breathe ;)
<danshirley> there's a WRRB :-)
<patr82> what is 1 pt in YM worth
<NihabaAshi> I'm at breakeven on my stop now...got the "wiggle" room I needed...that I didn't have in the other trades to survive them.
<patr82> nihab, good job on the persistance on that trade. you showed courage by adding10:05
<NihabaAshi> I wanted an ADD around 1234.2510:06

Had I gotten that...I would not have gotten stopped out of that trade
<FFT>  Covered all ES Short @ 1233.25 --> + 0.25
:P
<NihabaAshi>  Covered all ES Short @ 1233.50 --> + 0.25 10:07
<szubaark>  Covered all YM Short @ 10605 --> 0
:((
<NihabaAshi> :(
<szubaark> geez..
<NihabaAshi> Still looking to Short heavy
<FFT> We're making money for our brokers :P10:08
Nihaba, that might be the problem everybody is looking to short :(
<NihabaAshi> FFT...could be right...
<patr82> lol, you guys and your .25 profit but thats sure better that a loss10:09
<NihabaAshi> Maybe we need a strong quick pop to the upside to shake out some weak Shorts...

Then hopefully a Short signal appears that gives me some "wiggle" room to stay in the trade.
<coolweb> the range is strong
<patr82> im still flat with only 1 system still alive that would be a short but its just not confirming
<TLTrader>  Long YM @ 10610 «« Scalp »» 10:10
<patr82> im just not convinced of the shorts today
<TLTrader>  Exited YM Long @ 10616 --> + 6 «« Scalp »» 10:11
<NihabaAshi> Longs are convinced about something so far :)
<FFT>  Shorts ES @ 1235
<coolweb> NasdaQ: needs to break 217410:15

long
<szubaark>  Long YM @ 10622 10:16
<coolweb>  didn't go short previously , nasdaq cash didn't confirm futs drop like a rock, that was interesting... seems like futs exagerates moves a lot10:17
<patr82> szubaark, what is 1 tick ym profit owrth
<coolweb> $5
<patr82> thanks
<coolweb> NQ: 0.5 = $10 1 tick
<NihabaAshi> :(10:18
<szubaark> that breakout was well disguised..tough to catch it10:19
<coolweb>  Long NQ @ 1607.50 «« paper »» 10:20
woops not paper
<TLTrader> try'n to get long
<coolweb>  Exited all NQ Long @ 1607.50 --> 0 «« paper »» 10:22
heavy selling
thats odd
<NihabaAshi> If this moves up further...especially YM...I'll loose my Bearish bias.
<TLTrader>  Long YM @ 10619 10:23
<coolweb> heavy bear market breadth right now, thats why its selling

:D
<patr82> until the es breaks 1237.50, we haven't proven anything yet
<PapaJon> For those interested... and have sat tv... nasa channel is 376 on direct tv10:24
<NihabaAshi>  Shorts ES @ 1236.00 -> large size
<danshirley>  Shorts YM @ 10621 «« paper »»

exit stop set YM @ 10626 «« paper »» 10:25
<FFT> Shuttle is go for launch :)10:26
<NihabaAshi> I wonder how the market reacts to a Space Shuttle Launch time ???
<danshirley>  Covered all YM Short @ 10620 --> + 1 «« paper »» 10:27
scratch
<patr82> im sure glad my systems not in this market today. this is a hard one to call.
<szubaark> so far its not going anywhere10:28
<FFT> 1 mnute10:29
<coolweb> back in range
:D
<FFT> Whoops, t-9 minutes10:30
<coolweb> this is a tight range, 5 points on $COMPQ
sitting out :D
<NihabaAshi> 9mins until I dump this trade.
<coolweb> haha
<NihabaAshi> Don't want to be Short and the market reacts bullish because nothing goes wrong in the first 2mins after lift-off.10:31
<danshirley> launch time now 10:40
<TLTrader>  Exited 1/2 YM Long @ 10619 --> 0
<szubaark> cool we need a pop here or we're Toast10:32
<NihabaAshi>  Covered all ES Short @ 1235.75 --> + 0.25

I'm out...this Space Shuttle Launch after 2 years of non-flights has me spooked especially since its a well-watched events by floor traders.
<pat255> shuttle launched?10:33
<FFT> t-510:34
<szubaark> markets going to the Moon soon!! Blast-off!!
<NihabaAshi> 5mins
<pat255> ty fft niha
<FFT> 4:28

t-410:35
* FFT on the bid
<TLTrader>  Exited Remainder YM Long @ 10612 --> - 7
<FFT>  Covered all ES Short @ 1234.75 --> + 0.25
<szubaark>  Exited all YM Long @ 10610 --> - 12

blah!
<patr82> final short signal finally eliminated. no more signals today
<FFT> t-210:37
<NihabaAshi> Less than 2mins for the Launch
<FFT> Yeah, that too. ;)
<NihabaAshi> BA market makers are going to eat this up.
Meant specialists.
<coolweb2> what happaned, dconnection broke, good I didn't have an open order
<FFT> One minute to launch! Woo hoo! :)
<szubaark>  Long YM @ 10615 10:38

expecting this Long to Blast-Off!!
<FFT> LOL, yer a madman, Szu.
30 seconds
10 seconds
Cleared the tower10:39
<NihabaAshi> She's up in the air...so far so good.

First 10mins is critical.
<FFT> Ooo they got better cameras now, nice.,
<NihabaAshi> Yep.

Wow...market barely moving...all the floor traders watching this :)10:40
<FFT> All systems go,9 miles high.
18 miles high, wow
<NihabaAshi> What's the name of this Shuttle ???10:41
<FFT> Discovery
<NihabaAshi> Ok...thnks.
<FFT> Yer welcome
<NihabaAshi>  Shorts ES @ 1234.50 -> large size 10:42
<FFT> Negative on return10:43
Shorts ES @ 1234.25 10:44
<szubaark>  Exited all YM Long @ 10603 --> - 12

:(((

 Long YM @ 10609
<NihabaAshi>  exit stop moved to breakeven ES @ 1234.50 10:46
Shallow pt1...will hold a little longer.
Covered 2/3 ES Short @ 1233.25 --> + 1.25 10:47
<patr82> thats just amazing, 16,000 mph
<NihabaAshi> That's also very hot.
Scary.
Wow...awesom camera on that thing.10:48
<szubaark>  Exited all YM Long @ 10696 --> + 87

Exited all YM Long @ 10596 --> - 13

Shorts YM @ 10596
<NihabaAshi>  Covered 3/4 ES Short @ 1234.00 --> + 0.5 10:50
:(
Not what I expected...couldn't hold that prior Short because I was unfamiliar with how the market reacts to Shuttle Launches (will keep detailed notes of today's price action for future reference).10:51
<patr82> see you guys tomorrow. i have nothing to trade10:52
<NihabaAshi> Send us your money...we'll trade it for you :)
<coolweb2> this range is strong
<NihabaAshi> I know a great penny stock :)
<TLTrader> u keep'n it a secret? :)10:53
<coolweb2> futures always running first and exagerated, didn't know how exagerated it was until putting two charts together
put two ranges together I mean
then futures takes a look back, whats cash doing, cash doesn't confirm, futures squiglys back up10:54
<TLTrader>  Long YM @ 10599 -> small size 10:56
<coolweb2>  Long NQ @ 1601 -> small size «« paper »» 10:57
paper trade
<TLTrader>  Exited all YM Long @ 10603 --> + 4 10:59

i was hoping it would accelerate up faster
<coolweb2> yeah volume just picked up
right when you sold
hehe
<TLTrader> the story of my life11:00
<szubaark>  Covered all YM Short @ 10608 --> - 12
<coolweb2> well low volume anyway, nothing to be missed :D
<szubaark> Im frikin done for today.
<coolweb2> szubaark: previous trade, you shorted into capitulation ,check the volume huge selling volume11:01

 exit stop set NQ @ 1602.50 «« paper »» 11:03

 Exited all NQ Long @ 1602.50 --> + 1.5 «« paper »» 11:07

looks like trading ranges risk can only be a max of 1 tick
<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.11:09
<coolweb2> the tape doesn't lie!
<TLTrader>  Shorts YM @ 10605 «« Scalp »» 11:10
<FFT>  Covered 1/3 ES Short @ 1233.5 --> + 0.75
<TLTrader>  Covered all YM Short @ 10603 --> + 2 «« Scalp »» 11:11
crap
<coolweb2> TLTTrader: when scalping how many points you looking for on YM?
<TLTrader> well if i had my way about 100 :)
<coolweb2> hahah

wouldn't everybody :D
<TLTrader> i'm usually try'n for 6 but i try to let the tape ect. tell me what i'm going to get11:12
obviously sometimesw i misread things
<coolweb2> win some yah lose some11:14
<TLTrader> for scalps i usually have a limit order in then i modify it and have my finger on the transmit key incase i feel the need to take less
<coolweb2> yeah , once it stops moving, momentums gone

tltrader: your exit is limit?
<TLTrader> only market orders i use are stops11:15
<FFT>  Covered 1/3 ES Short @ 1233.5 --> + 0.75

Covered Remainder ES Short @ 1233.75 --> + 0.5 11:16
<TLTrader> i have hot keys setup to make it real easy to change and transmit changes in limit price
<FFT> I really wanted a new LOD on my remaineder, but ES just doesn't seem to be in the mood :(
<coolweb2> nice, you are missing out on the fade aways on my TWS screens, for some reason IB thinks its more useful having fadeaway orders that fade out slowly.
<FFT> Yeah, I hate those things11:17

Here we go, dang.
<TLTrader> i can't type for $hit(pardon my french) but i know where the price adjustment and transmit keys are by feel
* lesAway is now known as les11:21
<TLTrader>  Shorts YM @ 10596 -> small size «« Scalp »» 11:24
Covered YM Short @ 10601 --> - 5 «« Scalp »» 11:27
<coolweb2> guess11:32

we'll have almost 1.5 hours of lunch today

:D

its good to be a futures trader, trading stocks requiredl ike 2 hours of preparation each day, in Futures, I just need to draw out the highs low,and some resistance lines11:36
<TLTrader>  Shorts YM @ 10600
<FFT> I dunno TLT. ES is getting more support than the breadths suggest it could, might be some serious buying underneath.11:37
<TLTrader> i'm watching every tic and not risking much11:38
<FFT> :)
<coolweb2> can't go wrong tick watching :D11:39
<TLTrader>  Covered all YM Short @ 10606 --> - 6
<FFT>  Long ES @ 1234
<TLTrader>  Long YM @ 10607 11:40
<coolweb2> i'm tackling the book on humphrey, that dood, is smart way back in 1930s11:41
:D
anybody have thoughts on his work?11:43
<TLTrader> getting bad vibes FFT11:49
<coolweb2> tight range happening on NQ11:51
<FFT>  Exited all ES Long @ 1233 --> - 1 11:53
<coolweb2> still in the broader range anyway, I won't do anything until we break out of this 4 point range, reward not there
<les>  Shorts ER2 @ 673.8 «« paper »»
<FFT>  Shorts ES @ 1232.75
<les>  Covered 1/3 Short ER2 at 673.5 --> + 0.3 «« paper »»

nope

 Covered 1/3 Short ER2 at 673.3 --> + 0.5 «« paper »»

that ist exit posted wrong11:54

 Covered remainder Short ER2 at 673.8 --> 0 «« paper »» 11:55
<TLTrader>  Exited 1/2 YM Long @ 10600 --> - 7
<coolweb2> les: nice, you are the only ER2 trader in here :)12:00
<les> papajon trades it too
<coolweb2> hope we ain't breaking out of anything now, damnit its lunch!12:03
<TLTrader>  Exited Remainder YM Long @ 10607 --> 0
<les> might be

got bull flags all over the shop
<coolweb2> eating a hot pocket12:05
they don't come with the microwave crispy sleeves anymore
business not doing too good lately :D
<les>  Shorts ER2 @ 673.4 «« paper »» 12:11

 Covered 1/3 Short ER2 at 672.9 --> + 0.5 «« paper »»

exit stop moved to breakeven ER2 @ 673.4 «« paper »» 12:12

 Covered 1/3 Short ER2 at 672.9 --> + 0.5 «« paper »» 12:14
<coolweb2>  Shorts NQ @ 1602 «« paper »» 12:16
Covered all NQ Short @ 1602 --> 0 «« paper »»
<les>  exit stop lowered ER2 @ 672.7 «« paper »»

Covered remainder Short ER2 at 672.1 --> + 1.3 «« paper »»
<coolweb2> 12:18, time for a run12:18
definately not going to breakout before 1:00!
<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.12:21
* Disconnected 12:27
* Attempting to rejoin channel #FuturesTrades12:29
* 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
<tSOB>  Covered ER2 Short @ 672.6 --> - 0.4 12:34
* les is now known as lesAway12:35
<FFT>  Covered Remainder ES Short @ 1232 --> + 0.75 12:38
Had an order in at 1.5, and it just couldn't get filled :(
<szubaark>  Long YM @ 10587 12:41
<FFT> Break time for me, I'm getting tired.
* FFT is now known as FFT_Break
<szubaark>  Exited 1/2 YM Long @ 10598 --> + 11 12:47
<TLTrader> i knew i shouldn't have gone to the kitchen12:48
* FFT_Break is now known as FFT12:54
<FFT> Freaken buyers in ES will not be deterred.
<tSOB>  Long ER2 @ 673.7 13:00
* codehead-bbl is now known as codehead13:01
* Disconnected 13:08
* Attempting to rejoin channel #FuturesTrades13:09
* Rejoined channel #FuturesTrades13:10
<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 is now known as FFT_Lunch13:28
<szubaark>  Exited all YM Long @ 10600 --> + 13 13:29
<tSOB>  Exited ER2 Long @ 673.7 --> 0 13:30
<TLTrader>  Shorts YM @ 10600
<szubaark>  Shorts YM @ 10595
<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.13:33
<TLTrader>  Covered 1/2 YM Short @ 10596 --> + 4 13:34
<coolweb2>  Shorts NQ @ 1603 «« paper »»

not paper

 Covered all NQ Short @ 1603.50 --> - 0.5 13:37

grr

price not moving well
<TLTrader> i was late getting into this one so have almost no wiggle room
Covered Remainder YM Short @ 10599 --> + 1 13:38
<szubaark> yup.. u need wiggle room for those shakes13:40

u still had better entry then me13:41
<NihabaAshi>  Long YM @ 10602.00 -> small size
<TLTrader> i should have entered at 604 but i wasn't paying attention then chased it13:42
<szubaark> Now Niha's Long, Ill get Stopped out
exit stop set YM @ 10607
<NihabaAshi> Don't worry szu...its a new trade strategy I've been trading very aggresively for the past few weeks...13:43

I still got some problems with it.

Hopefully can get some things fixed with it soon or else I'll mothball it into the closet.
<TLTrader>  Long YM @ 10606 13:44
<szubaark>  Covered all YM Short @ 10607 --> - 12

:((
<NihabaAshi>  exit stop moved to breakeven YM @ 10611.00
<TLTrader>  Exited 1/2 YM Long @ 10613 --> + 7
<NihabaAshi>  Exited 1/3 YM Long @ 10615.00 --> + 13 13:45
<szubaark>  Shorts YM @ 10614
<TLTrader> PT 625-63013:46
<NihabaAshi> That's the first time in weeks that I enter the trade when I was suppose to...
<eminitrader> has anyone heard = explosuion in Istanbul - reuters
<NihabaAshi> All prior times I couldn't get Long and ended up chasing it about 5 ticks above the entry price.13:47

eminitrader...if there is an explosion...I'm sure the market will react to it soon.13:48
<eminitrader> thx niha had a buy but am thinking
<TLTrader>  Exited Remainder YM Long @ 10608 --> + 2 13:50

:(
<szubaark> TLT those WRB in afternoon always get me!13:51
<TLTrader> i can feel the veins bulging on my neck

:)
<szubaark> i think its nothing but Stop running by the Boyz..especially since its so quiet
just a lot of wiggle,shakes in a tight frikin range13:52
Covered all YM Short @ 10627 --> - 13 14:00
:((
<NihabaAshi>  Exited 1/3 YM Long @ 10626.00 --> + 24 14:02
<szubaark>  Shorts YM @ 10623 14:03
<TLTrader>  Long YM @ 10615 14:05

 Exited 1/2 YM Long @ 10621 --> + 6 14:06
<danshirley>  Shorts YM @ 10620 «« paper »» 14:16
exit stop set YM @ 10631 «« paper »» 14:17
<szubaark> we're spending already 30 minutes here at high of day, geez14:22
<danshirley> i'm glad this is a paper only trade14:23
<szubaark> i need to re-do my trading Plan for these tight range summer days where i keep getting whacked.14:25

The Opening are even un-tradable.14:26
<danshirley> need to know when to take breakouts and when to fade them
<szubaark> right, thing is BEFORE the breakout we will have 3-5 FALSE Moves heheh

so you CANT really know when the breakout occurs, have to TAKE ALL SIGNALS14:27

anyways, thats my dilemma
<danshirley> yeh I know and all the profit is spent ahead of time on stops14:28
<szubaark> EAXCKLY
<coolweb2> not really, if there are too many buyers at the breakout, that means after the breakout there won't be that umph, it has to edge up not spike up...
<TLTrader>  Exited Remainder YM Long @ 10619 --> + 4
<szubaark> EAXCKLY=EXACKLY
<coolweb2> sort of like a marathon, if you want to run fast through the finish line, you can't tire out in the first 5 minutes14:30
<danshirley>  Covered 1/2 YM Short @ 10613 --> + 7 «« paper »» 14:31
* lesAway is now known as les
<danshirley>  exit stop moved to breakeven YM @ 10620 «« paper »» 14:32
<szubaark>  Covered 1/2 YM Short @ 10617 --> + 6 14:39
<danshirley>  Trailing Stop Hit YM @ 10620 --> 0 «« paper »» 14:40
<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.14:45
<TLTrader>  Long YM @ 10621 -> small size 14:48
<szubaark>  Covered all YM Short @ 10625 --> - 2

Long YM @ 10630 14:50
<les>  Buys ER2 @ 678.8 «« paper »» 14:51
<NihabaAshi>  Exited Remainder YM Long @ 10631.00 --> + 29
<szubaark> nice
<TLTrader> good one

 Exited all YM Long @ 10627 --> + 6 14:52
<NihabaAshi> That strategy has been a pain in the butt for several weeks...hopefully I've gotten a good enough feel to prevent chasing the entry signals when they appear.
<danshirley>  Shorts YM @ 10627 «« paper »» 14:54
<TLTrader> plan to get long again around 10615 if i get the chance
<danshirley> day is over mostly
<FFT_Lunch> Yeah, the bulls got the new HOD they wanted.14:55
On ES that is
<danshirley>  exit stop moved to breakeven YM @ 10627 «« paper »»
<szubaark>  Exited all YM Long @ 10620 --> - 10
Shorts YM @ 10620
<danshirley>  Covered 1/2 YM Short @ 10623 --> + 4 «« paper »» 14:58
<les>  Exited Long ER2 @ 677.3 --> - 1.5 «« paper »» 15:01
Reverse and Enter Short ER2 @ 677.3 «« paper »»
Covered 1/3 Short ER2 at 676.8 --> + 0.5 «« paper »»
<TLTrader>  Long YM @ 10614 15:02
<les>  Covered 1/3 Short ER2 at 676.2 --> + 1.1 «« paper »»
<TLTrader>  Exited 1/2 YM Long @ 10619 --> + 5 15:03
<danshirley>  Covered Remainder YM Short @ 10622 --> + 5 «« paper »» 15:10
not worth risking anything
<TLTrader>  Exited Remainder YM Long @ 10618 --> + 4 15:12
<szubaark> Drop!!15:14
<les> Ditto!!
<PapaJon> i 2nd that
<coolweb2> won't drop, heavy support IMO :D
<danshirley> looking at futures vs cash...Futures are below cash (on percentage basis) and cash refuses to follow futures.15:15
<les> true, but watch it moteor if it breaks the heavy support :)

motor

ugh

 Covered remainder Short ER2 at 677.1 --> + 0.2 «« paper »»

coolweb wins again
<danshirley> now futures are bouncng to meet cash
<szubaark> they holding this up..prolly rally end of day15:20

and im frikin Short
<TLTrader>  Long YM @ 10620 -> small size 15:29
Exited all YM Long @ 10621 --> + 1 15:32
<szubaark>  Covered all YM Short @ 10618 --> + 2 15:33

its not worth it.. losing my "patience"
* szubaark is now known as szubaark_away
<TLTrader>  Shorts YM @ 10616 15:39

 Covered 1/2 YM Short @ 10608 --> + 8 15:40

wasn't expecting such a fast move but i'm not complaining15:41
<danshirley> now cash is leading futures down...interesting
<NihabaAshi> 315:43

I thought the market had a chance to push by upwards around 3pm est.

Or soon afterwards.
<TLTrader>  Covered Remainder YM Short @ 10602 --> + 14 15:54
<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.15:57
<NihabaAshi> Take care all...see all tomorrow.16:17
<coolweb> nihaba , have a good day :D16:18
* DisconnectedSession Close: Tue Jul 26 16:28:33 200516:28