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#FuturesTrades August 26th Tuesday 2008 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+24.20	+265.80	+2308.40
$2,420	$26,580	$230,840

Emini ES

1105am - 1110am est

click on image to view actual size

Current Performance Record

Supply/Demand Change of the Day

Profit/Loss Statement

Trade Posting Chat Log Info: My name is M.A. Perry (a.k.a. online as NihabaAshi - martial arts & Japanese Candlestick term) and I am the moderator of #FuturesTrades.

I use the below chat log as feedback to critical trading information that's not available when I review my broker statements nor any statistical analysis of my trading. Also, the above profit/loss info represents my trades only and all trades were posted in real-time within 5 seconds unless otherwise noted after entry or exit as shown in the below chat log.

Also, to read behind the scenes details about the trades posted below such as explanation of my position size, stop management, chart interval choice et cetera...click here.

Further, although I'm not familiar with the trade methods used by most members of #FuturesTrades, I use a rule based methodology (very objective) that involves price action only trading (no indicators).

There is some subjectivity involved with some of my trades when I'm developing a new entry signal, developing new trade management (hence the name TheStrategyLab.com) or when market conditions change resulting in me relying more on my market experience (intuition) instead of on my trading plan.

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

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.

Time Zone Info Chat Log below is eastern standard time (est) - New York City, U.S.A and/or Montréal, Canada time zone.

<@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 http://www.thestrategylab.com/FuturesTradesChatRoom.htm

Session Start: Tue Aug 26 00:00:00 2008Session Ident: #futurestrades

<starglazer> Long ES @ 6319.5 07:51

<+starglazer> not looking good 07:54

Exited all ES Long @ 6311.5 --> - 8 07:57

<Splurge> gm 08:58

<silo> morning

<talickca> gm

<Baxwill> morning 09:04

<+Baxwill> today FOMC?

<ItalianSharp> morning all 09:05

<+ItalianSharp> baxwill: FOMC meeting minutes

<+Baxwill> k

<+ItalianSharp> different than FOMC rate announcement

but still very important

<+Baxwill> maybe help recover yesterday 09:06

<+ItalianSharp> new home sales report at 1000 will set the pace till 2pm 09:07

<KN-SR> Shorts ES @ 1255 09:11

<palmer> 1255? 09:12

<TraderG> does anyone know when when the SEPT futures expire?

<+starglazer> sep19 09:13

<+TraderG> thanks

is there a particular time that it is more advantageous to trade the Oct contract?

before expiary I mean of the Sept

<+KN-SR> Shorts ES @ 1266 09:15

:) 09:16

<+TraderG> why did you short now KN? 09:17

<ripsboy> gm all...

<+KN-SR> i think we will see a quick drop in price for next 7 min 09:19

<silo[out]> did you hold your longs yesterday or you got out 09:20

* silo[out] is now known as silo

<+silo> didn't watch the chat room carefully yesterday

<+KN-SR> good for u, everone was atleast safe from u :) 09:21

<@NihabaAshi> Good morning all

<tzar> gm 09:22

<drt> gm

<+silo> i am only doing what the government sent me here to do

<+KN-SR> so ur a part of project # 420?

<+silo> yes.. we smoke a lot of pot and we monitor internet chatrooms 09:23

<+tzar> hah

morning silo

<+silo> hey tzar

<+KN-SR> never thought somoking cinnamon powder as pot could do so much doamage............. 09:25

<+tzar> interesting project you got there

<+silo> cinnamon powder?

<+KN-SR> Covered 3/4 ES Short @ 1265 --> + 1

<+silo> at the government... they give us the real deal

<+KN-SR> h5

Covered ES Short @ 1265.75 --> + 0.25 09:28

Reverse and Enter Long ES @ 1265.75

<PapaJon> gm all

<+silo> vix hits the top of the downtrend channel... so either breakout or back down 09:30

60min vix

<+KN-SR> Exited 3/4 ES Long @ 1267.75 --> + 2

<kantor> gm all

<+KN-SR> s.l h 11

s.l 64.75

Exited 1/4 ES Long @ 1268.25 --> + 2.5

h9

* Spartan is now known as SpartanWarrior 09:31

<@NihabaAshi> Shorts ER2 @ 721.70 -> large size 09:33

<+KN-SR> Exited ES Long @ 1265.75 --> 0

Reverse and Enter Short ES @ 1265.75

Covered 3/4 ES Short @ 1264.75 --> + 1 09:34

h11

Covered 1/4 ES Short @ 1263.75 --> + 2 09:35

<@NihabaAshi> 6 only (light side of a large)

<+KN-SR> h8

<@NihabaAshi> Covered ER2 Short @ 719.50 --> + 2.2 09:36

HOlding 2 contracts remainder

<+tzar> nice NihabaAshi! 09:37

<SpartanWarrior> Long NQ @ 1265 «« paper »» 09:38

<+KN-SR> Covered ES Short @ 1265.50 --> + 0.25 09:41

Reverse and Enter Long ES @ 1265.50

<+SpartanWarrior> Exited 1/2 NQ Long @ 1266.50 --> + 1.5 «« paper »»

es I meant

<+KN-SR> Exited 3/4 ES Long @ 1267.00 --> + 1.5

<+SpartanWarrior> exit stop moved to breakeven ES @ 1265 «« paper »» 09:42

<+KN-SR> Exited 1/4 ES Long @ 1268.50 --> + 3 09:43

h9

<@NihabaAshi> Covered Remainder ER2 Short @ 721.50 --> + 0.2

<+KN-SR> Exited 1/4 ES Long @ 1269.00 --> + 3.5

h7

<anglo> nice footwork KN. 09:44

<+KN-SR> Exited 1/4 ES Long @ 1270.00 --> + 4.5 09:45

h6

thanks

s.l 63.00

<@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 http://www.thestrategylab.com/FuturesTradesChatRoom.htm

<werner> gm all 09:46

<@NihabaAshi> Shorts ER2 @ 722.90 -> small size 09:48

3 only...got some minor data problems

<+SpartanWarrior> Long ES @ 1268.50 -> Add «« paper »» 09:49

<@NihabaAshi> Covered all ER2 Short @ 721.90 --> + 1 09:56

<pat255> vn 09:57

<+pat255> @office again today...:(

<+SpartanWarrior> Exited 1/2 ES Long @ 1270.5 --> + 2 «« paper »» 10:00

<@NihabaAshi> Long ER2 @ 723.30 -> small size

2 only

chasing

Exited ER2 Long @ 723.50 --> + 0.2 10:01

<+Splurge> anyone here having connection problems with IB - My connection has dropped 3 times today already 10:04

<@NihabaAshi> Shorts ER2 @ 723.90 -> small size

3 only

<+anglo> noprobs splurg 10:05

<+KN-SR> Exited 1/4 ES Long @ 1271.50 --> + 6 10:06

h5

<+SpartanWarrior> Exited Remainder ES Long @ 1270 --> + 5 «« paper »» 10:09

nq started freaking me out

<@NihabaAshi> Covered all ER2 Short @ 723.40 --> + 0.5 10:10

got greedy and left 6 ticks on the table 10:11

:(

<+SpartanWarrior> Shorts NQ @ 1894 «« paper »» 10:15

<@NihabaAshi> Shorts ER2 @ 722.90 -> small size 10:17

1 only

<+SpartanWarrior> Covered 1/2 NQ Short @ 1891.25 --> + 2.75 «« paper »» 10:19

exit stop moved to breakeven NQ @ 1894 «« paper »»

<@NihabaAshi> Covered ER2 Short @ 723.90 --> - 1 10:22

<+SpartanWarrior> Covered Remainder NQ Short @ 1894 --> 0 «« paper »»

<Nesi> zZzzZZZzzzZZzzZZ 10:24

<@NihabaAshi> Long ER2 @ 723.30 -> small size 10:26

2 only

<+SpartanWarrior> Shorts NQ @ 1893 «« paper »» 10:28

<@NihabaAshi> Exited all ER2 Long @ 724.00 --> + 0.7 10:29

<Andy> Long ES @ 1270.75 10:30

<+Andy> Exited 2/3 ES Long @ 1272.25 --> + 1.5

<+SpartanWarrior> Covered all NQ Short @ 1898 --> - 5 «« paper »» 10:31

<@NihabaAshi> Long ER2 @ 725.40 -> small size

1 only

<+SpartanWarrior> Long ER2 @ 725.5 «« paper »» 10:32

<+KN-SR> Exited 1/4 ES Long @ 1274.00 --> + 8.5 10:33

<@NihabaAshi> Exited ER2 Long @ 725.60 --> + 0.2 10:34

:(

<+KN-SR> h4

Exited 1/4 ES Long @ 1274.50 --> + 9

h3 10:35

<@NihabaAshi> weird fill for me...will review my trading recorder later tonight to see what had happened.

<+Nesi> probably the long shadows..Niha 10:36

<@NihabaAshi> Shorts ER2 @ 726.20 -> small size 10:37

<+KN-SR> come on..... 2 ticks..........

<@NihabaAshi> 1 only

<+SpartanWarrior> Exited 1/2 ER2 Long @ 726.3 --> + 0.8 «« paper »»

<+KN-SR> finally................. 10:38

Exited 1/4 ES Long @ 1275.50 --> + 10 10:39

h2

<+Andy> excellent, KN

<+SpartanWarrior> nice kn

<+KN-SR> wasnt trading any other account today.....so its was one shot chance

thanks

<@NihabaAshi> Covered ER2 Short @ 726.70 --> - 0.5

Reverse and Enter Long ER2 @ 726.70

<Bambam-77> pos trgt 1279 gann

<+SpartanWarrior> exit stop moved to breakeven ER2 @ 725.5 «« paper »» 10:40

<+KN-SR> s.l 1268.25 + 2.75 10:41

<+Bambam-77> pos russel trgt is 729 gann 315 degrees 10:42

<GoodMood> .

<@NihabaAshi> Exited ER2 Long @ 725.80 --> - 0.9 10:44

<+Bambam-77> addg er @ 25.8 10:45

using 25.1 as stp for add for swing724.3 10:46

<+SpartanWarrior> Exited Remainder ER2 Long @ 725.5 --> 0 «« paper »» 10:47

<@NihabaAshi> 725.60 is a weak support area 10:49

<+SpartanWarrior> Long ER2 @ 725.8 «« paper »» 10:56

<+Bambam-77> es trdrs i see this rtrc as a pos bull flag protect positions 10:58

lets see if we get a push just aft 11 am 11:00

<Alturus> Bam what timeframe are you looking at? 11:02

<+KN-SR> [08:20:40] <silo[out]> did you hold your longs yesterday or you got out -------------- have you noticed my stop?

<+Bambam-77> 5 min should show 11:03

i also use point and figure charts

<@NihabaAshi> Long ER2 @ 726.10 -> small size

3 only 11:04

<silo> bambam. you too

<+silo> ?

nice

i am starting to use it as a filter

sometimes

<+Bambam-77> cuts out all the noise

730.5 is 2x the initial balance trgt in line with 729 11:06

<+SpartanWarrior> Exited all ER2 Long @ 725.2 --> - 0.6 «« paper »»

<@NihabaAshi> Exited all ER2 Long @ 725.20 --> - 0.9 11:07

<+Bambam-77> 727.6 is 1.5x ib fyi

<+silo> thing is... point and figure moves real fast sometimes... it's hard to use it to get out :(

<@NihabaAshi> Shorts ER2 @ 724.90 -> large size

<+SpartanWarrior> Shorts ER2 @ 724.7 «« paper »» 11:09

speculating trend is getting ready to change for a while 11:10

<+Bambam-77> giving swing 2 more ticks 24.10 its a single runner so no big deal for 729 trgt protect positions 11:11

flat

<+SpartanWarrior> Covered 1/2 ER2 Short @ 723.9 --> + 0.8 «« paper »»

<+Bambam-77> will try long at 723.2 if we support there 11:12

<+SpartanWarrior> exit stop set ER2 @ 725.1 «« paper »» 11:15

<@NihabaAshi> Covered all ER2 Short @ 724.00 --> + 0.9 11:18

<+Bambam-77> b 24.10 small sz 23.10 stp 11:19

<+Bambam-77> added 23.20

<+SpartanWarrior> exit stop moved to breakeven ER2 @ 724.7 «« paper »» 11:27

<+KN-SR> Exited ES Long @ 1271.75 --> + 6.25 11:28

Reverse and Enter Short ES @ 1271.75

s.l 2.25

<@NihabaAshi> Shorts ER2 @ 723.50 -> small size 11:31

2 only

<+KN-SR> Covered 3/4 ES Short @ 1270.75 --> + 1 11:34

h11

<+SpartanWarrior> Covered Remainder ER2 Short @ 722.6 --> + 2.1 «« paper »»

<+KN-SR> Covered 1/4 ES Short @ 1269.25 --> + 2.5 11:35

<@NihabaAshi> Covered all ER2 Short @ 722.50 --> + 1

<+KN-SR> h8

<+SpartanWarrior> done for morning, may be back later, if not good luck trading

<@NihabaAshi> Got a nice cushion of a few hundred dollars above my profit goal for the day. 11:36

<+KN-SR> Covered 1/4 ES Short @ 1268.75 --> + 3 11:37

h6

Covered 1/4 ES Short @ 1267.75 --> + 4

h5

<+Bambam-77> wtg 11:38

<@NihabaAshi> Taking a long lunch due to mentally tired (only got a few hours of sleep last night).

Be back later 11:39

* NihabaAshi is now known as NihabaAshi_away

* codehead_afk is now known as codehead 11:40

<@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 http://www.thestrategylab.com/FuturesTradesChatRoom.htm

<+KN-SR> s.l 1.25 11:41

<+Bambam-77> flat pos 724 11:59

<+KN-SR> ---- and here comes the big drop 12:09

s.l 1273.00 1.25 12:10

<codehead> oil red 12:45

<+KN-SR> Covered 1/4 ES Short @ 1266.75 --> + 5 13:35

h4

<+Alturus> KN whats your thoughts so far for ES? going down more? 13:38

Trading Edge:
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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, intermarket analysis with a money back guaranteed policy...click here.

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 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 Hang Seng Index Futures (HSI)

<+KN-SR> yes 13:40

i think its going down

at this moment 13:41

i jut need 61.75 .. b4 i go to bed 13:42

:)

<+Alturus> thanks =) hope it reaches 61.75 =)

<+KN-SR> :)

i m so tired and sleeeepy

cannt even leave my eyes open :) 13:43

<+Alturus> slowly dropping, you can sleep soon =) 13:46

<+KN-SR> :)

<+Alturus> fed gonna speak soon 13:47

<+KN-SR> i dont mind anyone speaking......just get this price down :) 13:49

or hit 73

either one..........is fine

<+Alturus> hopefully it will help it get down 13:50

<+palmer> KN u are so disciplined

that's just so remarkable

<+Alturus> y do you want it to hit 73?

ur short aren't u

<+palmer> alturus 73 is his stop

<+KN-SR> yes

<+Alturus> ohh ok

<+KN-SR> i dont mind if it hits 73

I am just not going to change my trade

no matter what

either give me my points or prove me wrong :) 13:51

fiannlly........looks like 14:00

<+Alturus> you can sleep! hahah =]

<+KN-SR> i m already there 75% 14:01

:)

<JimL> fed stuff

<+KN-SR> inflation worries is not really clear in the statement 14:03

shuld go up

<+JimL> trying to bottom, we'll see 14:04

<+KN-SR> s.l. 69.50 + 2.00

should have a spike down b4 going up

some one has to take the profits out............. 14:05

b4 changing the position

not some one

most of them

will have to take the profit out 14:06

68.25

we need to cross to be in a uptrend 14:07

67.25 nxet

<+Alturus> so u think its trending up now? 14:08

someone took profits allready...

<+KN-SR> i think this may be a tp

<+Alturus> tp? 14:09

<+KN-SR> truning point

<+Alturus> ohh ok

<+KN-SR> we are hitting hh s

we need a spike........badly........

* +starglazer - [ is away ] [ Reason: Activate IdleAway: 300 min ] [ Time: 11:13:19 ] [ Pager: off ] [ Log: off ] 14:13

<+Alturus> im confused now wit what ES wants to do =) 14:16

<+SpartanWarrior> Shorts ES @ 1267.25 «« paper »» 14:17

<+KN-SR> [13:10:07] <+KN-SR> we need a spike........badly........

we wont go up without a spike , my best guess at this moment 14:18

<+SpartanWarrior> Covered 1/2 ES Short @ 1265.75 --> + 1.5 «« paper »» 14:19

<+KN-SR> quick and nice

<+SpartanWarrior> thanks

exit stop set ES @ 1267.75 «« paper »»

<+KN-SR> i really start liking eur-usd 14:21

<+Alturus> wuts the next support for this drop 14:26

<+KN-SR> Covered 1/4 ES Short @ 1263.75 --> + 8

h3

57.75

is next major

61.25 minor

<+Alturus> thnx =] 14:27

<+Bambam-77> 1261 gann res then 1252

<+SpartanWarrior> exit stop lowered ES @ 1266.25 «« paper »» 14:30

<+KN-SR> we still dont have the spike down......... 14:37

<+SpartanWarrior> maybe it will come when es takes out 62.50, the low of the day

<+ItalianSharp> KN, you expecting a big down spike? 14:38

<+SpartanWarrior> if that happens

<+TraderG> how does a spike manifest itself on the Matrix? Do you see a big gap with no horizontal lines just a few very shallow ones? 14:39

<+KN-SR> well, lets see what type of spike............. 14:40

total volume will increase

sale order will drop 14:41

and buy order will increase.........

key is total vol must increase

or it will go side ways

<+TraderG> <KN-SR> key is total vol must increase >>>>> by what factor? 14:42

<+KN-SR> see, the key is

if total vol increases ........more volatility

but since sale order drops........buy orders definitely increases 14:43

u have volatility and more buy orders........

simple idea

BUT

if sale order drops

and total vol drops 14:44

u have more buy oders there , that were there already sitting b4

and no driving force to move the price

since volatility drops

makes the market go sideways

<+SpartanWarrior> exit stop lowered ES @ 1265.25 «« paper »» 14:45

Covered Remainder ES Short @ 1265.25 --> + 2 «« paper »» 14:49

<+KN-SR> nice 14:50

<+SpartanWarrior> thanks, should have taken more, but wanted to go for the kill

<+KN-SR> 66.25 next 14:51

* NihabaAshi_away is now known as NihabaAshi 14:52

<@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 http://www.thestrategylab.com/FuturesTradesChatRoom.htm

<+ItalianSharp> <KN-SR> but since sale order drops........buy orders definitely increases

I fear i am not getting the point 14:53

why would buy orders increase as price moves down?

[14:43:50] <KN-SR> if sale order drops

[14:44:03] <KN-SR> and total vol drops

[14:44:18] <KN-SR> u have more buy oders there , that were there already sitting b4

also...this seems contradicting with the first statement...i am no volume expert by any means, just curious to grasp something out of it 14:54

<@NihabaAshi> Long ER2 @ 717.10 -> small size

1 only

<+anglo> i think it is after it spikes down ita

<+KN-SR> let me read....1 min.....my eyes are killing me 14:55

<+ItalianSharp> KN, take your time

<@NihabaAshi> Long ER2 @ 717.30 -> Add

<+KN-SR> price will go up if ---> total vol incrases + sell order drops 14:56

price will go donw if ----> total vol increases + buy order drops

<+ItalianSharp> ok, this is clear 14:57

<+KN-SR> sideway -------- > vol drops + either one drops

<@NihabaAshi> Exited ER2 Long @ 716.60 --> - 0.5

Reverse and Enter Short ER2 @ 716.60

<+KN-SR> any other q ? 14:58

b4 i got to sleep from 75% to 80% :)

<@NihabaAshi> -0.5 and -0.7

<+TraderG> r u looking at T&S to determine Buy and Sell pressure?

<+KN-SR> yes 14:59

<+TraderG> thanks

<+KN-SR> uw

<+SpartanWarrior> Shorts ES @ 1264 «« paper »»

<+JimL> ticks & add trying to mak ehigher lows, may try to push up now 15:01

<@NihabaAshi> Covered ER2 Short @ 717.30 --> - 0.7

<+KN-SR> if we get to 66.25, we may see a start of uptrend 15:02

<@NihabaAshi> Long ER2 @ 717.00 -> small size 15:03

3 only

<+JimL> failed up on take push, regroup & try again; or down through the bottom of this consolidation triangle/diamond

<+SpartanWarrior> Covered all ES Short @ 1266 --> - 2 «« paper »» 15:05

<+KN-SR> nically 15:06

finally

vol is still not there........

<@NihabaAshi> Exited ER2 Long @ 717.60 --> + 0.6 15:07

<+SpartanWarrior> Shorts ES @ 1264.50 «« paper »» 15:08

<@NihabaAshi> Long ER2 @ 717.40 -> small size

3 only

<+JimL> tough battle down here between the red & green candle armys! 15:10

<+Alturus> this is like watching paint dry 15:11

<+KN-SR> green color paint ? 15:13

or red?

i see red drying

<+Alturus> now its green =]

<+SpartanWarrior> Covered all ES Short @ 1266.50 --> - 2 «« paper »» 15:14

<@NihabaAshi> Exited 2/3 ER2 Long @ 719.20 --> + 1.8

<+Alturus> near 66.25 for the up trend, KN 15:15

<+KN-SR> yes

65.25 should be the stop 15:16

1.00 or 1.25 max

well. its working :) 15:19

3 points span

so far

i just want it to hit 69.50 ........ and let me go :) 15:20

<@NihabaAshi> I won't be here on Thursday to trade due to a medical appointment, buying a new copy machine and other personal stuff

<+Alturus> lol

<@NihabaAshi> Anyways...I expected today to be a good trading day and possibly the best trading day of the week...reason why I was a little more aggressive today along with increasing my overall position size. 15:21

Thus, I'm not expecting to miss much on Thursday :)

If I do...no biggie...there's always another trading day. 15:22

<+SpartanWarrior> Shorts ER2 @ 719.4 «« paper »» 15:23

<+KN-SR> come on....a little up..... 15:24

<+SpartanWarrior> Covered all ER2 Short @ 720.4 --> - 1 «« paper »» 15:30

<@NihabaAshi> Exited Remainder ER2 Long @ 720.80 --> + 3.4 15:32

<+SpartanWarrior> nice niha 15:33

<+Andy> vn Niha

<+anglo> bye KN 15:34

<+anglo> thanks for deep comments

<+KN-SR> ah ha 15:36

finally

hit and out

Covered Remainder ES Short @ 1269.50 --> + 2.25

good trading to everyone........see all next time.......

<+Alturus> bye

<+anglo> bye 15:37

<+KN-SR> :) 15:40

<+Andy> Shorts ES @ 1271.25 15:52

<@NihabaAshi> It's still going up like a "creeper trend". 15:58

<+Andy> Covered all ES Short @ 1271 --> + 0.25 15:59

not going to press my luck into the close 16:00

<@NihabaAshi> strange or too lazy of a price action that went into the 4pm est regular session close...almost as if they were turning off the machines :) 16:07

* sep34 is now known as sep34_away 16:11

<@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 http://www.thestrategylab.com/FuturesTradesChatRoom.htm
17:40

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#FuturesTrades past logs can be searched via using Google. For example, pretend you want to research what has been said about volatility analysis. Go to the Google search window below and type in "volatility analysis" site:thestrategylab.com (exactly as I typed it including the quotation marks) and you will find everything associated with those key words that were used by any member of #FuturesTrades.


We are proud to say that our chat room members are from the following geographical areas in the world:

Argentina, Australia, Belgium, Brazil, Canada, Denmark, France, Germany, Greece, Hong Kong (China), Israel, Italy, Japan, Mexico, Portugal, Puerto Rico (U.S.), Saudi Arabia, Singapore, Spain, United States and Venezuela.

In addition, below are the trading instruments our chat room members monitor closely to make trade decisions:

CME Emini Futures EMD, ER2, ES and NQ

CBOT mini-sized Dow Futures YM

Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

Eurex Fixed Income Derivatives BUND, BOBL and Schatz

Euronext Futures FTSE-100 and CAC-40

CME Futures EuroFX EC

Treasury Futures T-Notes ZN, ZF and T-Bonds ZB

Forex Currencies EurUsd, EurYen and UsdCdn

Exchange Traded Funds DIA, IWM, QQQQ, SPY, OIH, XLE and GLD

NYMEX Energies Light Crude Oil CL, e-miNY QM and Natural Gas NG

COMEX Metals Gold GC and ZG

Hang Seng Index Futures HSI

Last of all, if you have any questions about any of the above commentary, specific trades et cetera...

Don't hesitate to ask your questions and we'll reply back as soon as possible.