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WRB Analysis
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| Session Start: Wed Jul 30 06:37:15 2008Session Ident: #FuturesTrades |
* Now | talking in #FuturesTrades | 06:37 |
<@X> | [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm |
| #FuturesTrades Info ->
No gurus, no head traders. Members use this room to document (trade
journal) their trades and thoughts from one trade to the next trade
because it provides critical information they can't get from broker
statements nor statistics. Also, mimicking the trades by others is not
recommended without their permission. More info at
www.thestrategylab.com/FuturesTradesChat Room.htm | 08:02 |
<+tzar> | gm | 09:12 |
| short 1270.75 | 09:16 |
<Awash> | good morning all, got stopped overnight but will post trade at 9:00 CST | 09:17 |
* Awash | is now known as Awash_afk |
<ItalianSharp> | gm | 09:24 |
<+tzar> | gm] |
| short 6514.5 dax | 09:31 |
<Trader> | GM | 09:34 |
<drt> | gm |
* anglo | is now known as angl | 09:38 |
<szubaark> | Buys ES @ 1273.25 «« paper »» | 09:55 |
<+szubaark> | Exited all Long ES at 1273.25 --> 0 «« paper »» | 09:58 |
| Shorts ES @ 1273.25 «« paper »» |
<+silo> | Shorts ER2 @ 720 «« paper »» | 09:59 |
| intuition |
<DJ> | Broke fib line on my chart |
* Awash_afk | is now known as Awash | 10:00 |
<+Awash> | good morning all |
<+szubaark> | gm |
<+DJ> | gm |
<+Trader> | gm |
<futurible> | gm |
<+DJ> | Stoch cross on ER |
| dow broke a century mark today | 10:01 |
| "500" |
<+Awash> | STOPPED on ESU8 Short at 1265, -17.50 |
| Flat on all contracts |
<+szubaark> | Covered all Short ES at 1273.25 --> 0 «« paper »» | 10:02 |
| Buys ES @ 1273.25 «« paper »» |
<+DJ> | Er higher high |
<+silo> | Covered all ER2 Short @ 720.60 --> - 0.6 «« paper »» |
<mikee> | http://charts.dacharts.com/2008-07-10/12 .png | 10:05 |
<+mikee> | [08:52] <mikee> http://charts.dacharts.com/2008-07-10/13 .png | 10:06 |
| [08:53] <mikee> it's bigger time frame, next target (if break) is 1281.75 |
| http://charts.dacharts.com/2008-07-10/16 .png |
<@X> | #FuturesTrades Info ->
No gurus, no head traders. Members use this room to document (trade
journal) their trades and thoughts from one trade to the next trade
because it provides critical information they can't get from broker
statements nor statistics. Also, mimicking the trades by others is not
recommended without their permission. More info at
www.thestrategylab.com/FuturesTradesChat Room.htm | 10:08 |
<+szubaark> | Volatility contracting,expecting Volatility spike soon |
<+silo> | http://parrots4parties.com/pirate%20jack smller.jpg | 10:09 |
| that's szu on the left :) |
| niha on the right : |
| :D |
<+szubaark> | what? im the parrot? | 10:10 |
<+silo> | yeah... 'cuz you're starting to sound like niha :D |
| ahaha |
<+tzar> | heya szu silo | 10:11 |
<+szubaark> | Exited all Long ES at 1274.50 --> + 1.25 «« paper »» |
<+silo> | Long ER2 @ 721.70 «« paper »» | 10:15 |
* mikee | is now known as mikee-away | 10:16 |
<+szubaark> | Buys ES @ 1278 «« paper »» |
<+silo> | Exited all ER2 Long @ 721.20 --> - 0.5 «« paper »» | 10:19 |
| tricky morning action for er2 hehe | 10:25 |
| good thing i only ost 1.1 pts |
| i considered that lucky hehe | 10:26 |
| Shorts ER2 @ 721 -> large size «« paper »» | 10:31 |
<+szubaark> | Exited all Long ES at 1278 --> 0 «« paper »» |
| Buys ES @ 1279 «« paper »» | 10:33 |
| Volatility contracting more |
| im looking for this thing to creep higher until lunch | 10:37 |
* Awash | is now known as Awash_afk | 10:38 |
<+silo> | Shorts ER2 @ 719.80 -> Add «« paper »» | 10:41 |
<werner> | gm all | 10:45 |
<+szubaark> | hi werner | 10:46 |
<+werner> | hi szu | 10:47 |
<+silo> | szu's name is now Lago... the parrot on Jafar's shoulder in The Aladin | 10:50 |
* subq | --market profile charts in case you missed them-- http://www.charthub.com/chart/search/mpc hart | 11:10 |
* codehead_afk | is now known as codehead | 11:15 |
<@X> | #FuturesTrades Info ->
No gurus, no head traders. Members use this room to document (trade
journal) their trades and thoughts from one trade to the next trade
because it provides critical information they can't get from broker
statements nor statistics. Also, mimicking the trades by others is not
recommended without their permission. More info at
www.thestrategylab.com/FuturesTradesChat Room.htm | 12:11 |
<+silo> | szu | 12:13 |
| look at $tick |
| it's been going nlower and lower |
| and just crossed zero |
<JimL> | I use it like tachometer with $add as my trend-speedometer | 12:16 |
<+silo> | yes | 12:17 |
| add is very good |
| tradestation user? :) |
| Covered all ER2 Short @ 716.80 --> + 7.2 «« paper »» | 12:18 |
<+szubaark> | Exited all Long ES at 1271 --> - 8 «« paper »» | 12:19 |
| :(( |
| Shorts ES @ 1271 «« paper »» |
| TANK!! | 12:20 |
<+silo> | reached profit target for the day | 12:21 |
<+szubaark> | Covered all Short ES at 1272 --> - 1 «« paper »» | 12:23 |
| Buys ES @ 1272 «« paper »» |
| deep frikin pullback |
<+JimL> | Sorry Silo, If that was a question for me, I was on conf call & trying to manage current Er2 short trade. I use eSignal. | 12:29 |
<+szubaark> | Exited all Long ES at 1270.50 --> - 1.5 «« paper »» | 12:34 |
| Shorts ES @ 1270.50 «« paper »» |
| TANK!! |
| weird frikin Price Action again | 12:35 |
<+JimL> | clear sailing dwn to yestdy close | 12:38 |
| er2 |
<+szubaark> | yup, but disquised by Strong opening which fooled me on Longs |
| extremely difficult Price Action everyday if you not in on it | 12:39 |
<+silo> | Shorts ER2 @ 714 -> small size «« paper »» |
| greedy trade |
| :) |
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Trading
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Strategies
used by NihabaAshi, from entry to exit, exploit inefficiencies in the price action
for profits of the following trading instruments via WRB Analysis and
Intermarket Analysis: Emini
Index Futures (EMD, 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),
COMEX Metals Futures (GC), Forex Currencies (EurUsd, EurYen, UsdCdn), Exchange Traded Funds (DIA,
GLD, OIH, IWM, QQQQ, SPY, XLE) and
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<+szubaark> | what happaned to yersturday's strong uptrend and today's Strong Opening? we down now? bastids | 12:40 |
<+JimL> | very tough trading this wk 'cuz very sm pullbks | 12:41 |
<+szubaark> | i got greedy Target on this Short.. need my points back |
| Jim, just rigged Price Action all week.. cant use any technicals | 12:42 |
| but thats the nature of this beast.. too tough |
<+silo> | resistance coming soon | 12:43 |
| i'm getting out |
| Covered all ER2 Short @ 712.70 --> + 1.3 «« paper »» |
| +7.4 total for the day so far :) |
| 711.4 is resistance for er2 | 12:44 |
| expect some sort of bounce coming soon |
<+szubaark> | no bounce, they killing all Longs! | 12:45 |
<+DJ> | Silo, can u help me understand the 711.4 | 12:46 |
| I watch ER with you daily |
<+silo> | that's just the POC from yesterday |
| the area where price traded at the most |
<+DJ> | OK, TY |
| so, then a likely active level? |
<+silo> | also it's the bottom of my fib. bands |
| a likely reversal |
| in price |
<+DJ> | TY |
<+silo> | i just use it as something to help me get out of a trade | 12:47 |
<+DJ> | Your lower FIB is pointed back to? |
<+silo> | the fib BANDS work well for that |
| no fib levels |
| fib bands :) |
<+DJ> | OH | 12:48 |
| OK |
<+JimL> | I'm targeting 710 as last lwr pivot low |
<+DJ> | I don't think I have that drawing tool |
| is that like a GANN fan? |
| OH, I have FIB FAN tool | 12:49 |
| Jim, appears to be seeking that level |
<+JimL> | 711.10 2.618 from 722.10 top & 710.90 focus/pivot | 12:52 |
<+DJ> | TY | 12:53 |
| anyone here use Oscillators? | 12:57 |
| STOCH? |
| or just ranges and price action? | 12:58 |
<+silo> | nah... that's a programmed tool | 12:59 |
<+szubaark> | Covered all Short ES at 1267.75 --> + 2.75 «« paper »» |
<+silo> | szu... how many trades have you placed today |
<+szubaark> | as many as i need to be hopefully positive for day | 13:00 |
<+silo> | ahahahaa |
| :D |
<+szubaark> | Shorts ES @ 1267.25 «« paper »» | 13:01 |
<+JimL> | seems t/b related to oil rise | 13:06 |
| 708.1 target (3.333 expansion from 722.10 top & 717.9 focus/pt) | 13:09 |
<+szubaark> | exit stop moved to breakeven ES @ 1267.25 «« paper »» |
| Covered all Short ES at 1267.25 --> 0 «« paper »» | 13:14 |
| Shorts ES @ 1267.50 «« paper »» | 13:19 |
<+Trader> | hey guys watch out for GEOTRADER. seems to be a scammer | 13:47 |
| [13:43] <Geotrader> Hello, do you need Professional futures trader? | 13:49 |
<+szubaark> | ]lol | 13:50 |
<Trader> | i hope you saw what GEOTRADER tried to do before I was disconnected | 13:52 |
<+Trader> | [13:43] <Geotrader> Hello, do you need Professional futures trader? | 13:53 |
<Trader> | have to leave for a while | 13:55 |
<+JimL> | GEOTrader has left the building... | 14:01 |
<+szubaark> | Weak SUpport area | 14:07 |
<+silo> | you still trading? | 14:10 |
| i'm so tired from morning's action already |
<@X> | #FuturesTrades Info ->
No gurus, no head traders. Members use this room to document (trade
journal) their trades and thoughts from one trade to the next trade
because it provides critical information they can't get from broker
statements nor statistics. Also, mimicking the trades by others is not
recommended without their permission. More info at
www.thestrategylab.com/FuturesTradesChat Room.htm | 14:17 |
<+szubaark> | Covered all Short ES at 1273 --> - 5.5 «« paper »» | 14:45 |
| Buys ES @ 1273 «« paper »» |
| lets see if we retest highs | 14:56 |
<+DJ> | Chop | 15:04 |
<+szubaark> | Exited all Long ES at 1271.75 --> - 1.25 «« paper »» |
| Shorts ES @ 1271.75 «« paper »» |
| just spiking ticks ripping Stops | 15:08 |
| NQ wants more blood | 15:10 |
* Awash1 | is now known as Awash | 15:12 |
<+szubaark> | Covered all Short ES at 1271.75 --> 0 «« paper »» | 15:18 |
| Buys ES @ 1271.75 «« paper »» |
<+DJ> | SZU< you are active today | 15:20 |
| this chop keeps me just watching |
<+szubaark> | im looking for re-test of highs 1280+ |
<+DJ> | me 2 | 15:21 |
| if it breaks 1274 |
| triple top in that region today |
<+szubaark> | just want to make sure im onboard when they explode when you least expect it :)) |
<+DJ> | right on |
<+szubaark> | exit stop lowered ES @ 1271.75 «« paper »» | 15:22 |
| this should do it as we had nice 2 fakeouts to upside then down |
<+DJ> | cmon! | 15:24 |
| looks like a stall | 15:25 |
<+szubaark> | should go, |
<+DJ> | stop at 1274 | 15:26 |
| target 1277 |
| out 1277 | 15:29 |
| +3 |
| could run to 1280 |
| vol spiked at 12:30 PST | 15:30 |
| there you are | 15:31 |
| SZU, worth the wait |
| I was getting tired of waitig |
<+szubaark> | we going higher |
<+DJ> | i took the scalp |
<+szubaark> | 1285 possible before close | 15:32 |
<+DJ> | trigger happy :) |
<+szubaark> | i need the points,getting Greedy |
<+DJ> | right on |
<+szubaark> | took some careless trades early on |
<+DJ> | consolidating? | 15:34 |
| big contracts waiting at 1280 |
| selling pressure |
| now 1281 | 15:35 |
<+szubaark> | Stops above 1281, we shou,d get a nice spike to upside there |
<+DJ> | watching by your side |
| rooting for it |
<+JimL> | er2 & nq lagging behind es on this move | 15:37 |
<+DJ> | my auto trader at TS signaled a short at 722.40 | 15:38 |
| second short signal just now |
| I don't trust it but it gives me some signals and pops up an audio alert | 15:39 |
| I am trying to trade on Price Action |
| and ranges |
| very tight stops |
<+szubaark> | yes, indicators are worthless |
<Awash> | price has really helped me tremendously | 15:40 |
<+DJ> | Awash, I did go to the CBOT | 15:41 |
| and watched Video |
| got busy yest |
<+Awash> | that gotcha trade showed up today. Do you see it? |
<+DJ> | I missed it | 15:42 |
| I have to watch video again |
| got interrupted five times |
| I like the H trade |
<+Awash> | you're going to have to eliminate the distractions |
<+DJ> | that pattern will be easy to spot |
| Yes, I get phone calls |
| I'm a singer |
| we have a gig coming up | 15:43 |
<+Awash> | it's costing you too much money |
| oh |
| okay |
| understood |
<+DJ> | trying to work the song set |
| they keep call |
| calling me |
| I need a quiet space |
<+Awash> | i make that mandatory in my trading |
<+DJ> | unplug the phone.. ;) | 15:44 |
<+Awash> | phone and email mostly |
<+DJ> | y |
<+Awash> | lunch at desk if possible |
<+DJ> | ES price action going good now |
<+Awash> | going up! |
<+JimL> | If you can't focus, you'll be singing the blues, permanently |
<+Awash> | :-) | 15:45 |
<+JimL> | :-) ;-) |
<+szubaark> | Exited all Long ES at 1282.75 --> + 11 «« paper »» |
<+Awash> | Super nice Szu, you caught the swing | 15:46 |
<+DJ> | vN |
<+Awash> | Did you buy the pullback after we bounced from the low? | 15:47 |
<szubaark_away> | got disconnected |
<+DJ> | BYE CY tomorrow |
<+werner> | gn all | 15:51 |
<@X> | #FuturesTrades Info ->
No gurus, no head traders. Members use this room to document (trade
journal) their trades and thoughts from one trade to the next trade
because it provides critical information they can't get from broker
statements nor statistics. Also, mimicking the trades by others is not
recommended without their permission. More info at
www.thestrategylab.com/FuturesTradesChat Room.htm
#FuturesTrades modes...Session Close: Thu Jul 31 00:00:00 2008 | 16:20 |
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said about volatility analysis. Go to the Google search window below and type
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