Session Start: Thu Jul 28 09:33:25 2005Session Ident: #FuturesTrades
* Now talking in #FuturesTrades09:33
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
<patr82> HEY you got a better price. thats not right09:34
<FFT>  Shorts ES @ 1242 -> Add 09:36
<patr82> go "fet"
<TLTrader>  Shorts YM @ 10681 -> Add
<NihabaAshi>  Long YM @ 10681.00 -> small size 09:37
<diego12> Long ES 1241.7509:38
stop 1240
<NihabaAshi>  exit stop moved to breakeven YM @ 10681.00 09:42
<pat255> too choppy here Niha going to eat the stops ...09:44
<NihabaAshi>  Trailing Stop Hit YM @ 10681.00 --> 0

My trade was via a trade error (misinterpreted the price action)...09:45
<FFT>  Covered all ES Short @ 1243.25 --> - 2.75
<NihabaAshi> So anything but a loss was good.
<pat255> yes ...very good ..starting the day with a loss is a bummer
<diego12> partial exit09:46
<NihabaAshi> Starting the day with losses doesn't bother me...
Finishing the day with losses do bother me :)
<diego12> stop 1242
<eminitrader> nice comment niha :)09:47
<patr82>  Covered all ES Short @ 1242.25 --> - 0.75 09:48
<szubaark>  Long YM @ 10680 09:51
<FFT>  Shorts ES @ 1242.25 -> large size
<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.09:54
<diego12> out
<szubaark> hmm...looks like market jut stopped10:01
Exited all YM Long @ 10668 --> - 12 10:06
:((
<FFT>  Covered 1/3 ES Short @ 1241 --> + 1.25
<TLTrader>  Covered all YM Short @ 10666 --> + 13
<danshirley> somebody pull the plug?10:07
<TLTrader> [10:06] <TLTrader> Covered all YM Short @ 10666 --> + 13 /script never seems to get the adds corect. Should read +6 (average per contract) or +18 total gross (3x6)10:10
<patr82> sorry really got distracted on phone i just went short
<FFT>  Covered 1/3 ES Short @ 1240 --> + 2.25
<TLTrader> good FFT
<patr82>  Shorts ES @ 1240.50
<FFT> Thanks TLT :)10:11

Just as I was trying to move the order down to 9.75 I got filled, darn it ;)

 Covered Remainder ES Short @ 1239.25 --> + 3 10:22
<NihabaAshi> Nice FFT10:24
<FFT> Thanks Nihaba
<TLTrader>  Long YM @ 10648 -> small size
scalp10:25
Exited all YM Long @ 10653 --> + 5 10:27
<patr82>  Covered all ES Short @ 1238.25 --> + 2.25

i actually got filled there
<FFT> Gratz. I love it when I get a fill at the low or high like that.10:28
Pretty rare on ES tho :(
<patr82> im using the new red sky platform and its really quick10:29

 Shorts ES @ 1239.50 10:30
<szubaark> Nice one FFT10:31
<FFT> Thanks Szu, had to make up for that almost 3 point loser10:32

TLT< you might get more than a scalp out of this.10:33
<TLTrader>  Long YM @ 10654
<FFT> Whoops, I see you already got your 5
<TLTrader> 10 tics maybe10:34
on this one
<szubaark>  Long YM @ 10656
<FFT> We've had an awful lot of decent movement for a low volume day, might suggest that we're in for boring trading for the remainder.10:35
<TLTrader>  Exited 1/2 YM Long @ 10660 --> + 6 10:36

 Exited Remainder YM Long @ 10663 --> + 9
<FFT> :)
<NihabaAshi> If this little counter-thrust back upwards can substain itself...I may get a Long signal in about 3 mins.10:37
<FFT>  Shorts ES @ 1240.5
Darn bidders, go home10:38
<szubaark>  Exited 1/2 YM Long @ 10666 --> + 10 10:39

 exit stop moved to breakeven YM @ 10656
<NihabaAshi>  Long YM @ 10671.00 -> small size 10:40
<tSOB>  Long ER2 @ 676.8 10:41
<NihabaAshi> Long ES @ 1242.00
<tSOB>  Exited ER2 Long @ 676.7 --> - 0.1 10:42

 Long ER2 @ 676.7

Exited all ER2 Long @ 676.5 --> - 0.2
<diego12> buy es 1241.510:49
<tSOB>  Long ER2 @ 677.6

oh, man. I didn't realize those tests would show up in this channel. Sorry.10:51
<coolweb> scalping tests? :D
<tSOB> but I really did go per the last one10:52
<coolweb>  Shorts NQ @ 1620 «« paper »» 11:00
Covered all NQ Short @ 1621 --> - 1 «« paper »» 11:01
Shorts NQ @ 1619.50 «« paper »» 11:04
Covered all NQ Short @ 1620.50 --> - 1 «« paper »» 11:06
<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.
* coolweb kicks himself
<NihabaAshi> Long NQ @ 1620.0011:07
<coolweb> no more shorting without confirmation low
damn NQ likes to exagerate movements11:08
<diego12> out es, -0.5p11:09
<FFT>  Covered all ES Short @ 1241.5 --> - 1
Had my exit at 41 even, then TICK broke down so I moved it, then TICK . . . .lol it faked me out again.11:10
<tSOB>  Exited ER2 Long @ 676.7 --> - 0.9
<coolweb> FFT: $TICK right?
<FFT> Yeah11:11

On low volume days it spends a lot of time lying tho. ;)
<coolweb> ok11:15
<FFT>  Long ES @ 1241.5 «« paper »»
<coolweb> good thing I didn't short the last my new rule, don't short within a 3 point trading range :D , has to be at least 6 point trading range11:16
<FFT>  Exited 1/3 ES Long @ 1242 --> + 0.5 «« paper »»

Exited 1/3 ES Long @ 1242 --> + 0.5 «« paper »»

exit stop set ES @ 1241.5 «« paper »» 11:17

BE
<pdays>  Shorts YM @ 10676 «« paper »»
<FFT>  Exited Remainder ES Long @ 1142.25 --> - 99.25 «« paper »» 11:18

 Exited Remainder ES Long @ 1242.25 --> + 0.75 «« paper »»
<coolweb> don't know why, but I 'm staring at this 2 tick range, Let me set an audio alert hahaha, can go blind sitting here watching paint dry11:23
<szubaark>  Exited all YM Long @ 10670 --> + 14 11:25

 Shorts YM @ 10671
<FFT>  Shorts ES @ 1241.5 11:26
* tSOBaway is now known as tSOB11:27
<szubaark> not worth trading this low volume crap11:31
<-- Shorts SIZE11:38
<pdays>  Covered all YM Short @ 10669 --> + 7 «« paper »»
<szubaark>  Covered all YM Short @ 10683 --> - 12 11:40
:((
Long YM @ 10683
<NihabaAshi>  Exited all YM Long @ 10683.00 --> + 12

Moved stop to breakeven in ES and NQ.11:41
<pat255> nice Niha geez some patience ...
<NihabaAshi> Exit 2/3 NQ @ 1622.50

+2.5011:42
<codehead> oil slipped a bit--about flat
<NihabaAshi> Exit 2/3 ES @ 1243.50 +1.50
<szubaark>  Exited 1/2 YM Long @ 10692 --> + 9 11:44
<NihabaAshi> Exit remainder NQ @ 1624.00 +4.00
<szubaark> Niha what made u stay in that trade so long?11:45
<NihabaAshi> First reason...my stop wasn't hit and the market wasn't selling off (I got no bearish signals).11:47

Second reason...patience via not stressing out (reading a book)11:49
<pat255> good idea ...will keep a few books handy next time ...11:53
<NihabaAshi> Raise stop for ES to 1242.25

Be back later...
* NihabaAshi is now known as NihabaAshi_lunch
<pat255> ty tom11:54
<NihabaAshi_lunch> Almost forgot...
My trade signal was via August free seminar...
http://www.thestrategylab.com/Seminar.ht m
This particular trades today via the 10min chart interval11:55
Be back later...bye.
* danshirley is now known as dan-away12:04
<tSOB>  Long ER2 @ 680 12:11
<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.12:18
<les>  Shorts ER2 @ 680.2 «« paper »»
<coolweb>  Long NQ @ 1622.50 «« paper »» 12:22

not paper

woops

 Long NQ @ 1622 «« paper »» 12:23
<FFT>  Covered all ES Short @ 1244 --> - 2.5
I'm gonna go lick my wounds, done for the day.
<coolweb> FFT: yah win some yah lose some , take a rest come back kicking ass :D12:25
<les>  Covered 1/3 Short ER2 at 679.8 --> + 0.4 «« paper »» 12:28
Covered remainder Short ER2 at 680.2 --> 0 «« paper »» 12:29
<tSOB>  Exited ER2 Long @ 680 --> 0 12:30
<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.13:30
* NihabaAshi_lunch is now known as NihabaAshi13:35
<coolweb>  Exited all NQ Long @ 1625.0 --> + 3 13:37
noticed $COMPQ still hasn't hit resistance13:38
* les is now known as lesAway13:39
<coolweb> 3 more points till reistance on $COMPQ
<NihabaAshi> The 1247.00 is tough on ES right now.13:53
* Guest69353 is now known as zenakis13:54
<coolweb> probably just consolidation right now13:55

ES headed up a nice 2-3 points :D13:56

need some rest and time to kill the public

if I see a hammer on the NQ 15 min, its time to reenter13:59

the HAMMER!

well probably not re-enter, I didn't enter my 2nd contract @ 1:0014:00

nevermind

would probably be my stop point if I had a 2nd contract

niha14:07

niha: do you ever pyramid? or the daytrading time limit is too small for pyramiding

when I was swing trading, I'd always pyramid, worked very well, although my time slot was 2-3 days hold14:08

looking to buy NQ 1623.5014:10

still uptrending very nicely, volume is terrible though14:11

base jumping14:15

market can't push through with a long jump!

trend is down . O dpm14:23

tpp risky for me

I'll wait for the next narrow range bar14:24
<pat255> cool what does the NR bar signify?14:26
<coolweb> pat255: breakout in volatile times, also breakout after noon as well14:27

hammer on NQ14:28

i don't think this rally will work
<pat255> ty cool14:29
<coolweb> new bar coming out , we'll see if it breaks high
* lesAway is now known as les14:30
<FFT>  Shorts ES @ 1246
<NihabaAshi>  #FuturesTrades Reminder -> If you want to comment (giving advice) about somone's trading or specific trades ...do so via sending private messages to that trader.
I'll post that a few times per month :)14:31
Haven't been keeping up with all the different types of Reminders I should post in here.
<FFT>  Exited ES Long @ 1246.25 --> + 0.25 14:32

 Reverse and Enter Short ES @ 1246.25

Doh

That was an exit short and reverse -.2514:33
<NihabaAshi> ER2 doing its superman act.14:38
<coolweb> le me check

er2 :D

definately superman14:39

:D

my NQ (mr slacker) is taking its time
<NihabaAshi> Once in a while...if I get a trade signal in different trading instruments at the same time...14:40
<les>  Shorts ER2 @ 682.5 «« paper »» 14:41
<NihabaAshi> I will open a position in each of those trading instruments to reduce the odds of picking one that will be sluggish in its price action in comparison to the others.
Like I did today in ES, YM and NQ.
Thus, instead of opening a large position in one...14:42
I open a small position in each trading instrument.
<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.
<NihabaAshi> Eminis has been playing to many games lately (especially during summer time trading) with one showing good price action one day...
Then a different one the following trading day.14:43
They go back-n-forth.
<les>  Covered all Short ER2 at 683.3 --> - 0.8 «« paper »» 14:51
<FFT>  Covered all ES Short @ 1247.5 --> - 1.25 14:52
Covered ES long for +1.25
Took forever to get a fill, geez.
But I barely eeked out a plus day, whew.14:53
<NihabaAshi>  Exit ES remainder @ 1247.75 -> +5.75 points
<pat255> vn Niha ...superb
<FFT> I think you mighta ODed on patience pills ;)14:55
<NihabaAshi> I took a 1 hour nice nap today during that trade...14:56
<pat255> yeah making while sleeping ...love that kind of trade ...14:57

$
<TLTrader> .14:58
<FFT> Man, I don't remember vol being this bad last summer.14:59

Volatility and volume
<NihabaAshi> Hopefully this isn't a sign that the markets has become "more" efficient...15:00
That would mean this can last a very long time...way past the summer.
Maybe into next summer :(
<coolweb> niha, what trading soft do you use to automate your exits and enters?15:01
<NihabaAshi> I don't automate my exits...
<coolweb> you don't automate your stops?
<NihabaAshi> Lots of market orders.15:02
Yes...for initial stops only.
<coolweb> yeah do you just use a broker stop or something like ninjatrader
<NihabaAshi> Broker stop...I'm not too familiar with Ninjatrader...15:03
<coolweb> I see

is a broker stop simulated? does globex see that order?
<NihabaAshi> I should be because I've heard some good things about Ninja...
I was told a few times globex does see the order...15:04
However...
I've had a few trade problems where that would not seem possible.
<coolweb> only thing I'm afraid of is globex seeing the order, coming to sweep me out15:07

huge resistance on NQ15:09

huge volume no price change

I wouldn't short though :D15:10
<TLT> test15:11
<NihabaAshi> I haven't gotten too many Short signals today...15:14
<tSOB> lol
<NihabaAshi> Ones that did appear...didn't produce much are would have resulted at worst a breakeven position.

are = or15:15
<coolweb> hehe nuts, my QT bandwidth was at 3000 , I'm wondering whats taking up all the bandwidth, I see GOOG and YHOO and a few others there, took them out bandwidth dropped to 80015:20
hey szubaark15:21
<szubaark> hi.. i got disconnected15:22
<tSOB>  Long ER2 @ 683.3
<coolweb> oh its almost 4:00

good, we ain't going anywhere then today15:23

:D
<TLT>  Shorts YM @ 10720 -> small size 15:27
<coolweb> hey tLT15:25

:)
<TLT> yeah?
<szubaark> hate these Creeper trend days15:26
<tSOB>  Exited ER2 Long @ 684.3 --> + 1 15:29
<TLT>  Covered all YM Short @ 10719 --> + 1 15:30

 Shorts YM @ 10717 15:33

 Covered 1/2 YM Short @ 10715 --> + 2 15:37
* lesAway is now known as les
<TLT> well wish i had that one back15:38
<les>  Shorts ER2 @ 683.7 «« paper »» 15:39
Covered 2/3 Short ER2 at 683.2 --> + 0.5 «« paper »» 15:43
<TLT>  Covered all YM Short @ 10702 --> + 15
<les>  Covered remainder Short ER2 at 683.7 --> 0 «« paper »» 15:44
<szubaark>  Long YM @ 10708 15:46
<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.15:54
<szubaark>  Exited 1/2 YM Long @ 10718 --> + 10 15:58

 exit stop moved to breakeven YM @ 10708 15:59
<pat255> nice szu
<szubaark> thanx..

 Exited all YM Long @ 10718 --> + 10 16:02
<NihabaAshi> Nice trade szu...16:07
Someone asked for charts of what I saw in those Longs I took in YM, NQ and ES...16:08
<TLT> nice trade szu / cyu guys tomorrow
<NihabaAshi> It was via the 10min chart...
It's also the coming August seminar.
http://www.thestrategylab.com/072805Char tFT1.gif16:09
<szubaark> ok..thanx Niha
<NihabaAshi> http://www.thestrategylab.com/072805Char tFT1.gif
Ooops...
Here's the other chart...
http://www.thestrategylab.com/072805Char tFT.gif
The YM chart is just a maximize chart I quickly took a peek at to ensure I was seeing what I was seeing :)16:10
You'll notice in the ER2 chart (lower right corner)...it didn't have the same trade signal.16:12
That's the reason why I didn't open a trade position in ER2 and only in YM, ES and then NQ.16:13
Take care all...see all tomorrow.16:23
* DisconnectedSession Close: Thu Jul 28 16:38:54 200516:38