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#FuturesTrades August 21st Tuesday 2007 Trade Log

 

Russell 2000 Emini ER2 Futures

Today Month Year
+18.10 +394.30 +2379.50
$1,810 $39,430 $237,950

Profitable Trade

1000am - 1022am est

Losing Trade

0947am - 0954am est

click on image to view actual size

 

Current Performance Record

Key Trades of the Day (see chat log below)

Profit/Loss Statement

 

Trading via WRB Analysis: The price action between 0804am - 0814m est setup a WRB s/r zone that would resist the Russell 2000 Emini ER2 for the remainder of the trading day.

General Strategy Info: The above profit/loss info represents trades by M.A. Perry (a.k.a. NihabaAshi) only and all trades were posted in realtime as shown in the below chat log. 

Although I'm not familiar with the trade methods used by most members of #FuturesTrades, I use a rule based (no subjectivity) methodology that involves WRB Analysis.

In fact, many of my trades or profit targets will occur within key WRB support/resistance zones because these price areas gives me a better understanding of key changes in supply demand.

  Traditional pivot point analysis or traditional s/r levels are inadequate in understanding changes in supply/demand of the Russell 2000 Emini ER2 or any other trading instrument of today's markets in comparison to WRB Analysis.

WRB Analysis is also a key aspect in my use of intermarket analysis, market seasonal tendencies, volatility analysis and custom Japanese Candlestick patterns to complete my trading plan that results in consistent profits.

Further, position size management is a key aspect of my trading and I trade any where between 1 to 9 contracts per trade depending upon the volatility, pattern signal, seasonal tendencies or intuition.

All of my trades and commentary for today's market action (posted below) are via the user name NihabaAshi (Japanese Candlestick term) and I exclusively trade the Russell 2000 Emini ER2 futures even though I closely monitor other key markets in the world.

With that said, today's trade posting chat log is below and it contains all my trades that were posted in realtime along with the trades of other members of #FuturesTrades.

Further, if you want the instructions for gaining access to our free #FuturesTrades chat room...click here.

   
  #FuturesTrades purpose, benefits and access info for day traders, swing traders and position traders...click here.
  
Trading Edge: 

Strategies

If your an independent trader looking for an edge to help you traverse around obstacles to profitable trading...a method that's well defined, gives you a better understanding of the markets, applicable for day trading, position trading, swing trading, market seasonal tendencies, position size management with a money back guaranteed policy...click here.

"We're currently having problems with our IRC text to color conversion script and its preventing us from converting the below text into a colorful user friendly log for reading. Until we get this fixed, all logs are in text only with the color codes (ex. 0,4) still shown below."

Session Start: Tue Aug 21 09:30:57 2007
Session Ident: #FuturesTrades
[09:30] * Now talking in #FuturesTrades
[09:30] <X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
[09:33] <pat255> gm all
[09:34] <NihiabaAshi> FED Chairman Bernanke speaking sometime this morning but I'm not sure exactly when.
[09:34] <asuni> 1000 am: Dodd speaks after Bernanke meeting
[09:34] <NihiabaAshi> I do know there's suppose to be some sort'uv commentary around 10am "after" Bernanke speech.
[09:35] <NihiabaAshi> Thus, I guess Bernanke is suppose to speak prior to 10am est.
[09:35] <asuni> 1230: richmond fereral reserve bank president jeffrey lacker speech
[09:36] <PapaJon> I wonder if he is short or long??
[09:36] <PapaJon> hehe
[09:38] <NihiabaAshi> 0,4 Shorts ER2 @ 787.90 -> small size
[09:38] <NihiabaAshi> 2 only
[09:38] <NihiabaAshi> trying something new here
[09:40] <NihiabaAshi> 0,2 Covered all ER2 Short @ 789.90 --> - 2
[09:41] <NihiabaAshi> 0,3 Long ER2 @ 791.90 -> small size
[09:41] <NihiabaAshi> 2 only
[09:42] <werner> gm all
[09:44] <NihiabaAshi> 0,2 Exited Remainder ER2 Long @ 792.10 --> + 0.2
[09:45] <NihiabaAshi> 0,3 Long ER2 @ 793.00 -> small size
[09:45] <NihiabaAshi> 2 only looking to add.
[09:46] <NihiabaAshi> :(
[09:46] <NihiabaAshi> Keep getting shaken out of this up move
[09:46] * sep34_away is now known as sep34
[09:47] <pat255> dropped like a rock
[09:47] <NihiabaAshi> 0,2 Exited ER2 Long @ 791.60 --> - 1.4
[09:47] <NihiabaAshi> 0,4 Reverse and Enter Short ER2 @ 791.60
[09:47] <NihiabaAshi> large size on the Short...something is up on that volatility
[09:49] <NihiabaAshi> I think that FED meeting has just started or someone that's well watched is talking.
[09:51] <szubaark> 0,3 Buys ES @ 1451.50 4,0 «« paper »»
[09:54] <NihiabaAshi> 0,2 Covered all ER2 Short @ 793.90 --> - 2.3
[09:55] <szubaark> Volatility spike coming up.. hopefully to upside, Im Long
[09:57] <szubaark> 0,2 Exited all Long ES at 1453 --> + 1.5 4,0 «« paper »»
[09:57] <szubaark> 10 am News in 2 minutes
[09:58] <NihiabaAshi> Someone is already talking
[09:58] <NihiabaAshi> My guess is it started around 0945am est.
[09:58] <pat255> yes N Dodd & Bernake are
[10:00] <NihiabaAshi> 0,4 Shorts ER2 @ 793.30 -> large size
[10:01] <NihiabaAshi> If there really is a speech right now...this will retrace the morning move or take me out for another 2 point loss.
[10:01] <szubaark> 0,4 Shorts ES @ 1450 4,0 «« paper »»
[10:03] <X> 1,4 #FuturesTrades Info -> 8,2 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)
[10:08] <NihiabaAshi> So far so good...they are trying to retrace whatever market event had sent this up since 0938am est.
[10:09] <NihiabaAshi> It should get me profitable for the day after a tough start.
[10:09] <pat255> vn N...:)
[10:10] <szubaark> 0,2 Covered all Short ES at 1446 --> + 4 4,0 «« paper »»
[10:10] <Brutus> nice 1 Szu
[10:10] <asuni> vn szu
[10:11] <szubaark> thanx.. Once Opening High blew (1448) got my Volatility spike
[10:12] <NihiabaAshi> 0,2 Covered 2/3 ER2 Short @ 787.90 --> + 5.4
[10:12] <pat255> wtg
[10:14] <NihiabaAshi> Getting shook out of two Long positions going up had helped me get into a red hole.
[10:14] <szubaark> nice Niha..good entry
[10:15] <NihiabaAshi> Coming down it was easier to stay with the Short because that "jumpy price action" was gone in comparison to the "jumpy price action" going up.
[10:16] <NihiabaAshi> I'm profitable for the day and I still have 2 contract Shorts.
[10:16] <NihiabaAshi> Currently we are at a support area.
[10:17] <NihiabaAshi> I'm rolling the dice that it won't hold too much longer.
[10:18] <NihiabaAshi> 0,2 Covered ER2 Short @ 787.00 --> + 6.3
[10:18] <NihiabaAshi> Holding 1 contract and price getting "jumpy" again.
[10:18] <Pepe> wow
[10:19] <NihiabaAshi> not fair...where was the "wow" when I was getting those 2 point losses per contract :)
[10:20] <NihiabaAshi> Weak dark hammer line on ER2 1min chart
[10:21] <NihiabaAshi> It just gained some strength via being "engulfed".
[10:21] <NihiabaAshi> I'm looking to exit my remainder somewhere in the lower shadow of that Dark Hammer line.
[10:22] <NihiabaAshi> 0,2 Covered Remainder ER2 Short @ 786.20 --> + 7.1
[10:22] <szubaark> jumpy action
[10:25] <Brutus> Good trade n
[10:26] <les> 0,3 Long ER2 @ 787 4,0 «« paper »»
[10:27] <NihiabaAshi> 0,3 Long ER2 @ 787.20 -> small size
[10:27] <NihiabaAshi> 2 only
[10:27] <les> 0,2 Exited 1/2 ER2 Long @ 788.1 --> + 1.1 4,0 «« paper »»
[10:28] <NihiabaAshi> 0,2 Exited 1/2 ER2 Long @ 788.30 --> + 1.1
[10:28] <NihiabaAshi> Looks like that Dark Hammer line setup a nice little S/R Zone.
[10:29] <szubaark> 0,4 Shorts ES @ 1447 4,0 «« paper »»
[10:31] <Pepe> what hammer? 2 min chart?
[10:32] <PapaJon> [07:20] <NihiabaAshi> Weak dark hammer line on ER2 1min chart
[10:32] <PapaJon> [07:21] <NihiabaAshi> It just gained some strength via being "engulfed".
[10:32] <Pepe> ok
[10:36] <NihiabaAshi> 0,2 Exited Remainder ER2 Long @ 787.40 --> + 0.2
[10:36] <NihiabaAshi> :(
[10:36] <les> 0,2 Exited Remainder ER2 Long @ 787.4 --> + 0.4 4,0 «« paper »»
[10:37] <NihiabaAshi> I'm officially in profit protection mode...one contract only for the remainder of the trading day.

 Trading Strategies ->   Strategies used by NihabaAshi, from entry to exit,  exploit inefficiencies in the price action for profits of the following trading instruments via WRB 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 Hang Seng Index Futures (HSI) 

[10:40] <Brutus> NY Fed news
[10:40] <szubaark> 0,2 Covered all Short ES at 1550 --> - 103 4,0 «« paper »»
[10:40] <szubaark> 0,2 Covered all Short ES at 1450 --> - 3 4,0 «« paper »»
[10:40] <szubaark> 0,3 Buys ES @ 1450.50 4,0 «« paper »»
[10:42] <Brutus> 08/21/2007 10:42 GEN: Fed lowers minimum fee rate on securities lending program to 0.5% from 1%-Reuters - The Fed said the change to the securities lending program is "temporary."
[10:49] <szubaark> ES pause here :((
[10:54] <Kaka> hi i m new here..
[10:55] <asuni> gm kaka
[10:55] <NihiabaAshi> Wow...volatility dried up.
[10:56] <szubaark> yup..expecting spike shortly.
[10:58] <NihiabaAshi> It's trying now but may just dry up fast.
[10:58] <NihiabaAshi> I'm not biting on it...something stinks.
[10:58] <szubaark> NQ triple top forming
[10:58] * NihiabaAshi is now known as NihabaAshi
[10:59] <NihabaAshi> 0,4 Shorts ER2 @ 789.70 -> small size
[10:59] <NihabaAshi> 1 only
[11:00] <NihabaAshi> Hammer time again.
[11:01] <szubaark> NQ needs to Bust thru Highs here for my Long to work.
[11:01] <szubaark> there she blows
[11:03] <NihabaAshi> It's too thin...
[11:03] <NihabaAshi> Only reason why I'm still short.
[11:03] <NihabaAshi> It needs to pop again to the upside to shake me out.
[11:04] <Brutus> 08/21/2007 11:04 *DJ No Comment From Bernanke, Paulson After Mtg With US Sen Dodd
[11:04] <szubaark> 0,2 Exited all Long ES at 1451.25 --> + 0.75 4,0 «« paper »»
[11:05] <szubaark> yup.. no followthru..time for break
[11:05] <szubaark> every uptick is being retraced..hard to hold onto, unless you a tick scalper
[11:06] <NihabaAshi> somebody is talking right now...
[11:06] <NihabaAshi> Those jumpy prices has returned big time.
[11:07] <NihabaAshi> Too jumpy for me
[11:09] <pat255> Sen Dodd N
[11:09] <pat255> is talking
[11:09] <Brutus> 08/21/2007 11:08 GEN: Senator Dodd has asked White House to reconsider lifting caps for FNM, FRE
[11:09] <Brutus> 08/21/2007 11:09 GEN: Sen. Dodd says important to keep people in their homes
[11:13] <Brutus> 08/21/2007 11:10 GEN: Sen. Dodd says as many 1M-3M people could lose their homes
[11:15] <NihabaAshi> 0,2 Covered ER2 Short @ 787.80 --> + 1.9
[11:15] <pat255> vn N
[11:23] <NihabaAshi> Whatever Dodd is saying...market following every word :(
[11:35] <NihabaAshi> As my favorite movie character Riddick would say...
[11:35] <NihabaAshi> "Skittish".
[11:36] <NihabaAshi> That meeting has gotten price action into a weird funk :(
[11:37] <Brutus> 08/21/2007 11:36 *DJ OIL FUTURES:Nymex Crude Dips Below $69,Now -$1.92 At $69.20
[11:43] <Bambam-77> if we have enough mojo could see 1459.50
[11:43] <Bambam-77> area
[11:44] <NihabaAshi> 0,4 Shorts ER2 @ 792.50 -> small size
[11:44] <NihabaAshi> 1 only
[11:46] <Bambam-77> protect er longs positions
[11:46] <NihabaAshi> 0,2 Covered ER2 Short @ 793.50 --> - 1
[11:46] <Bambam-77> 795.10 pos trgt
[11:46] <pat255> later guys ty all
[11:50] <NihabaAshi> 0,3 Long ER2 @ 794.90 -> small size
[11:52] <NihabaAshi> It's time for me to take a mental break from the market.
[11:52] <NihabaAshi> Be back later
[11:52] <NihabaAshi> 0,2 Exited ER2 Long @ 794.90 --> 0
[11:53] * NihabaAshi is now known as NiihabaAhi_away
[11:53] <Bambam-77> 793.50 pos ss trigger
[11:54] <Bambam-77> need solid close below for confirm
[11:56] <Bambam-77> retrc to 1457.50 pos area for ss
[11:57] <Bambam-77> stp at hod
[12:00] <Bambam-77> ss 3 lots 57.50
[12:00] <Bambam-77> t1 hit +1.5
[12:01] <szubaark> 0,4 Shorts ES @ 1455.50 4,0 «« paper »»
[12:02] <Bambam-77> perfect entry on rtrc to break candle
[12:04] <Bambam-77> we in contraction again for 6 1 min candles
[12:06] <Bambam-77> ussually form inside bars
[12:07] <Bambam-77> t2 is 1455 for me with the balance as trailer
[12:07] <Bambam-77> t2 away +2.5
[12:07] <szubaark> my Target 1453
[12:08] <Bambam-77> stp 1456.50
[12:09] <Bambam-77> gone flat
[12:09] <Bambam-77> +1
[12:09] <X> 1,4 #FuturesTrades Info -> 8,2 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)
[12:10] * NiihabaAhi_away is now known as NihabaAshi
[12:10] <NihabaAshi> 0,3 Long ER2 @ 793.40 -> small size
[12:11] <NihabaAshi> 1 only
[12:12] <Bambam-77> just fine i count this as wave 4 next leg should be down stp 94.8
[12:13] <NihabaAshi> 0,2 Exited ER2 Long @ 794.00 --> + 0.6
[12:15] <Bambam-77> ss 94.8
[12:15] <Bambam-77> stp 95.5
[12:17] <Bambam-77> 93.6 t1 away
[12:17] <Bambam-77> stp 94.7
[12:19] <Bambam-77> 94 stp
[12:20] <Bambam-77> es rallying
[12:20] * codehead_afk is now known as codehead
[12:20] <Bambam-77> flat
[12:21] <szubaark> 0,2 Covered all Short ES at 1460 --> - 4.5 4,0 «« paper »»
[12:21] <szubaark> :((
[12:22] <szubaark> 0,3 Buys ES @ 1460 4,0 «« paper »»
[12:22] <Bambam-77> 61.50 pos trgt
[12:25] <Bambam-77> 1460.25 is 20 point trgt next 62.75
[12:25] <Brutus> 1230/1630 Richmond Fed Pres Lacker speaks on the economic outlook at
[12:25] <Brutus> the Risk Management Assn of Charlotte, N.C.
[12:30] <NihabaAshi> 0,4 Shorts ER2 @ 793.10 -> small size
[12:30] <NihabaAshi> 1 only and that's one big fast move Dark WRB
[12:30] <szubaark> 0,2 Exited all Long ES at 1453.50 --> - 6.5 4,0 «« paper »»
[12:31] <Brutus> 08/21/2007 12:30 *DJ Lacker:Volatility By Itself Doesn't Require Fed-Funds Change
[12:31] <szubaark> 0,4 Shorts ES @ 1453.50 4,0 «« paper »»
[12:31] <Brutus> 08/21/2007 12:30 *DJ Lacker: Sees US Growth Below Trend For Rest Of '07
[12:31] <szubaark> getting whacked around
[12:31] <NihabaAshi> Looks like some are trying to catch a falling knife.
[12:31] <NihabaAshi> If they succeed...I'll probably get nailed for a 1 point loss.
[12:32] <Bambam-77> rtrc to 58.50 pos ss area
[12:32] <Bambam-77> longs trapped there
[12:33] <szubaark> ate two Stops need this to DROP FAST
[12:33] <szubaark> c'mon piggy
[12:36] <NihabaAshi> Oil trying hard to give some support but Gold sitting there doing nothing.
[12:36] <NihabaAshi> If Gold joins up with Oil...I'll dump my Short
[12:37] <NihabaAshi> Gold trying to head south.
[12:39] <NihabaAshi> Gold and Oil on the same page now...south
[12:39] <NihabaAshi> 0,2 Covered ER2 Short @ 791.60 --> + 1.5
[12:40] <NihabaAshi> I had the VIX on my side.
[12:40] <NihabaAshi> Thus, should have stayed Short
[12:42] <Bambam-77> 1449 pos trgt
[12:46] <NihabaAshi> Range over the last few intervals in VIX, Oil and Gold
[12:46] <NihabaAshi> I'm expecting a volatility spike here soon.
[13:03] <Brutus> 08/21/2007 13:01 *DJ US 4-WEEK BILLS: 4.750%; 51.67% At High
[13:03] <Brutus> 08/21/2007 13:01 *DJ US 4-WEEK BILLS: Bid-To-Cover 1.11
[13:04] <Brutus> 08/21/2007 13:04 *DJ Fed Lacker: Jury Still Out On Mkt Reaction To Discount Rt Cut
[13:05] <Brutus> 08/21/2007 13:04 *DJ Lacker: 'Encouraged' By Stabilization In Equity Markets
[14:12] <X> 1,4 #FuturesTrades Info -> 8,2 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)
[14:28] <szubaark> 0,2 Covered all Short ES at 1454 --> - 0.5 4,0 «« paper »»
[14:43] <NihabaAshi> Very tricky price action here
[14:44] <NihabaAshi> I'm planning to go Long at any signs of support.
[14:45] <NihabaAshi> Nix that...Gold and Oil breaking down.
[14:46] <NihabaAshi> 0,3 Long ER2 @ 790.30 -> small size
[14:47] <NihabaAshi> 1 only because I'm still in profit protection mode.
[14:48] <NihabaAshi> Weak support but an easy area to reverse from a Long to a Short.
[14:50] <NihabaAshi> Oil fighting hard to find support but Gold is not following :(
[14:51] <NihabaAshi> If price action gets "jumpy"...I'll bail on this Long.
[14:52] <NihabaAshi> Geesh...what's up with the Gold traders...they should be buying by now.
[14:54] <NihabaAshi> 0,2 Exited ER2 Long @ 789.30 --> - 1
[14:54] <NihabaAshi> 0,4 Reverse and Enter Short ER2 @ 789.30
[14:54] <NihabaAshi> Jumpy price action :(
[14:58] <NihabaAshi> I see support now :(
[14:59] <NihabaAshi> 0,2 Covered ER2 Short @ 789.80 --> - 0.5
[14:59] <NihabaAshi> 0,3 Long ER2 @ 789.90 -> small size
[15:04] <NihabaAshi> I don't see any type of resistance...unsure why it hasn't tested 792 price area.
[15:05] <NihabaAshi> Especially since ER2 has the support of about 5 different key markets right now.
[15:06] <pdays> ES pivot @ 10:05 this AM...Niha
[15:06] <NihabaAshi> thanks
[15:07] <NihabaAshi> volatility declining in ER2...
[15:08] <NihabaAshi> expecting a volatility spike...hopefully up and not down.
[15:08] <NihabaAshi> 0,2 Exited ER2 Long @ 790.40 --> + 0.5
[15:08] <NihabaAshi> :(
[15:10] <NihabaAshi> I'm only about $200 bucks from the 2k profit area even though I've exceeded my 1k profit goal for the day.
[15:10] <NihabaAshi> Will keep pushing the cow to see if there's anything left to milk.
[15:12] <NihabaAshi> Geeesh...there's that market calm again...like one right before a storm.
[15:13] <NihabaAshi> volatility declining fast.
[15:14] <NihabaAshi> 0,3 Long ER2 @ 790.90 -> small size
[15:15] <NihabaAshi> volatility spike
[15:15] <NihabaAshi> It's probing that prior weak support area.
[15:18] <NihabaAshi> 0,2 Exited ER2 Long @ 789.80 --> - 1.1
[15:18] <NihabaAshi> 0,4 Reverse and Enter Short ER2 @ 789.80
[15:22] <NihabaAshi> 0,2 Covered ER2 Short @ 790.60 --> - 0.8
[15:22] <NihabaAshi> 0,3 Reverse and Enter Long ER2 @ 790.60
[15:23] <NihabaAshi> volatility dried up again :(
[15:25] <NihabaAshi> nasty little game that was played over the past 4 trades :(
[15:27] <NihabaAshi> 0,2 Exited ER2 Long @ 791.20 --> + 0.6
[15:29] <NihabaAshi> volatility dropping fast again
[15:30] <NihabaAshi> 0,3 Long ER2 @ 792.90 -> small size
[15:31] <NihabaAshi> :(
[15:31] <NihabaAshi> 0,2 Exited ER2 Long @ 792.90 --> 0
[15:32] <NihabaAshi> 0,4 Shorts ER2 @ 792.70 -> small size
[15:34] <NihabaAshi> 0,2 Covered ER2 Short @ 792.50 --> + 0.2
[15:34] <NihabaAshi> Didn't like that entry...should have been short around 793
[15:35] <NihabaAshi> 0,4 Shorts ER2 @ 791.70 -> small size
[15:36] * codehead is now known as codehead_afk
[15:37] <NihabaAshi> 792 price area has shown now its a s/r zone...few ticks above and a few ticks below it.
[15:38] <ItalianSharp> mkts very jumpy rihgt now
[15:38] <ItalianSharp> tough to hold onto positions
[15:38] <ItalianSharp> better grap ticks and run away with them
[15:38] <NihabaAshi> It's going to get more jumpy here in about 5 - 10 mins.
[15:38] <ItalianSharp> yep, agree
[15:39] <NihabaAshi> Could setup for a very spikey price action at 4pm est.
[15:39] <ItalianSharp> today proved to be another consolidation day for eminis...
[15:39] <ItalianSharp> the more days go by without mkts getting hammered, the more trust the bulls get
[15:40] <NihabaAshi> At least I stopped the bleeding over that last few trades :)
[15:40] <ItalianSharp> yep
[15:40] <intowin> 0,3 Long ES @ 1451.75
[15:41] <ItalianSharp> nasdaq being very strong today
[15:42] <NihabaAshi> 0,2 Covered ER2 Short @ 791.00 --> + 0.7
[15:43] <NihabaAshi> We're back within that prior problematic trading area...the one that kicked me around.
[15:53] <NihabaAshi> 0,4 Shorts ER2 @ 790.00 -> small size
[15:53] <NihabaAshi> 1 only
[15:54] <NihabaAshi> I'm not going to hang around to long on this with 4pm est approaching
[15:55] <NihabaAshi> very jumpy...things might start sooner than I thought
[15:56] <ItalianSharp> niha, you do like the 4pm ride...
[15:56] <NihabaAshi> 0,2 Covered ER2 Short @ 789.80 --> + 0.2
[15:57] <ItalianSharp> it's like the last ride on the universal studios roller coaster
[16:01] <NihabaAshi> Ok...its over with.
[16:03] <Brutus> ============ U.S. MARKETS ACTION ===========
[16:03] <Brutus> DJIA down 16.91 points to 13099.40
[16:03] <Brutus> NASDAQ up 12.79 points to 2521.31
[16:03] <Brutus> S&P 500 up 1.94 points to 1447.42
[16:03] <Brutus> 10-year T-note up 76/32 at 101 7/32 yield 4.595
[16:03] <Brutus> NYMEX Spot Crude down $1.65 at $69.47/bbl at close
[16:03] <NihabaAshi> 0,3 Long ER2 @ 791.90 -> small size
[16:03] <Brutus> Dollar/Euro down 0.0012 at 1.3462
[16:03] <intowin> 0,2 Exited all ES Long @ 1452.50 --> + 0.75
[16:03] <Brutus> http://custom.marketwatch.com/custom/tdameritrade-com/html-story.asp?guid={931a77fd-bf38-4bbd-a239-eec2f448a521}
[16:03] <NihabaAshi> Lets see if this can push a few ticks above that 792 area
[16:04] <NihabaAshi> ooops...just did
[16:07] <NihabaAshi> 0,2 Exited ER2 Long @ 792.10 --> + 0.2
[16:09] <werner> gn all
[16:11] <NihabaAshi> Time to clean up all my junk mail especailly the "You Are a Lucky Lotto Winner".
[16:11] <NihabaAshi> :)
[16:13] <NihabaAshi> I only get that junk in my alternative email and till this date have only gotten one junk mail in my real email address in the past 3 years :)
[16:13] <ItalianSharp> wow, do you have RAMBO as a junk-mail filter?
[16:14] <NihabaAshi> No...my real address is about 15 characters of random letters and numbers :)
[16:15] <Brutus> http://www.elitetrader.com/vb/showthread.php?s=&threadid=101927&perpage=40&pagenumber=2
[16:16] <Brutus> Niha soem velocity news
[16:17] <NihabaAshi> Brutus...I'm good to go...
[16:17] <Brutus> OK good
[16:17] <NihabaAshi> I moved most of my funds out of the account and I'm only trading a 15k account with them now.
[16:17] <Brutus> 2nd post from them says they got 11.2M from Sentinel
[16:18] <NihabaAshi> Will transfer out 5k everytime it hits 20k.
[16:18] <Brutus> Good, all you need
[16:18] <Brutus> http://custom.marketwatch.com/custom/tdameritrade-com/html-story.asp?guid={6fb2274f-2422-46d2-b4a0-87246c79dfc9}
[16:18] <X> 1,4 #FuturesTrades Info -> 8,2 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)
[16:19] <NihabaAshi> Thus, I should be making a transfer tomorrow if I have a 1.5k trading day.
[16:20] <NihabaAshi> Actually about 800 bucks because I'm up about 4.2k for the week
[16:21] <Brutus> Free wire transfers to this week :) from Velocity
[16:21] <Brutus> to = for
[16:22] <Brutus> cul8r
[16:26] * sep34 is now known as sep34_away
[16:28] <NihabaAshi> Take care...bye all
[16:28] * Disconnected
Session Close: Tue Aug 21 16:28:26 2007

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