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#FuturesTrades September 3rd Wednesday 2008 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+15.30	+32.80	+2368.30
$1,530	$3,280	$236,830

Emini ER2

1047am - 1048am 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.

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: Wed Sep 03 09:23:45 2008Session Ident: #futurestrades

* Now talking in #futurestrades 09:23

<@X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm

<TraderG> Good morning 09:29

<Splurge> gm

<drt> gm all

<+Splurge> data 30 mins

<PapaJon> gm all 09:31

<futurible> gm all 09:33

<Andy> gm

<@NihabaAshi> Shorts ER2 @ 737.30 -> small size 09:36

3 only

<+futurible> Shorts ER2 @ 736.10 «« paper »» 09:39

Covered 3/4 ER2 Short @ 735.10 --> + 1 «« paper »»

<@NihabaAshi> Covered ER2 Short @ 735.10 --> + 2.2

Holding 1 contract remainder 09:40

<+futurible> Covered Remainder ER2 Short @ 735.90 --> + 0.2 «« paper »»

<@NihabaAshi> Covered Remainder ER2 Short @ 736.90 --> + 0.4 09:41

<PeterPanBoy> gm all 09:42

<+PeterPanBoy> nive nihaba

emh nice

Shorts ES @ 1272 09:43

Covered 1/2 ES Short @ 1272.25 --> - 0.25 09:44

Covered Remainder ES Short @ 1272.75 --> - 0.75

<szubaark> Buys ES @ 1273 «« paper »»

<+Splurge> going to chop around until 15mins

<+szubaark> exit stop set ES @ 1272 «« paper »» 09:45

Exited all Long ES at 1272 --> - 1 «« paper »» 09:46

Shorts ES @ 1271.50 «« paper »»

exit stop set ES @ 1272.75 «« paper »» 09:47

Covered all Short ES at 1272.75 --> - 1.25 «« paper »» 09:48

Buys ES @ 1273.25 «« paper »»

<+futurible> Long ER2 @ 736.90 «« paper »»

Exited 3/4 ER2 Long @ 738.90 --> + 2 «« paper »» 09:50

<silo> wow that's one crazy reversal

<+szubaark> exit stop moved to breakeven ES @ 1273.25 «« paper »»

<+futurible> Exited Remainder ER2 Long @ 739.90 --> + 3 «« paper »»

<+szubaark> Exited all Long ES at 1277.25 --> + 4 «« paper »» 09:51

<@X> #FuturesTrades Info -> Some members (including me) explain basic details about their trades posted in #FuturesTrades @ http://thestrategylab.com/forum/index.ph p?board=58.0 and there's a link there to take you to #FuturesTrades archived logs if you're interested in reviewing past trades or market commentary posted in #FuturesTrades. 09:52

<+Andy> Shorts ES @ 1277.50 «« paper »» 10:00

Covered all ES Short @ 1278.5 --> - 1 «« paper »» 10:01

<+szubaark> Buys ES @ 1279.25 «« paper »»

Exited all Long ES at 1279.25 --> 0 «« paper »» 10:02

<+silo> insane open

wow

<@NihabaAshi> Long ER2 @ 743.00 -> small size

2 only

<kosmipt> wild reversal 10:04

<T-stop> nice entry Niha 10:05

<@NihabaAshi> Exited all ER2 Long @ 745.20 --> + 2.2

<palmer> sweet niha 10:06

<+palmer> i got .90

i suck

<+Andy> Long ES @ 1277 «« paper »» 10:08

Exited all ES Long @ 1275.75 --> - 1.25 «« paper »» 10:09

Long ES @ 1274.5 «« paper »» 10:11

<+silo> Long YM @ 11494 «« paper »» 10:14

<+Andy> Exited 1/2 ES Long @ 1257.5 --> - 17 «« paper »»

Exited 1/2 ES Long @ 1275.5 --> + 1 «« paper »» 10:15

<+PeterPanBoy> Shorts ES @ 1275.25 10:17

<+silo> Exited all YM Long @ 11495 --> + 1 «« paper »»

<+Andy> Exited Remainder ES Long @ 1274.5 --> 0 «« paper »»

<pdays> Shorts ES @ 1275.75

<@NihabaAshi> Shorts ER2 @ 741.00 -> small size 10:18

2 only

<+pdays> Covered all ES Short @ 1275. --> + 0.75

<+PeterPanBoy> Covered 1/2 ES Short @ 1274.75 --> + 0.5

<+silo> Shorts YM @ 11488 «« paper »»

<@NihabaAshi> :( 10:19

<+Andy> Long ES @ 1274 «« paper »»

<+PeterPanBoy> Covered 1/2 ES Short @ 1273.75 --> + 1.5 10:20

<@NihabaAshi> Covered all ER2 Short @ 740.90 --> + 0.1

<+silo> Covered 1/2 YM Short @ 11477 --> + 11 «« paper »» 10:21

<+PeterPanBoy> Covered Remainder ES Short @ 1274 --> + 1.25

<+szubaark> Buys ES @ 1274 «« paper »»

<+silo> Covered 1/2 YM Short @ 11487 --> + 1 «« paper »»

<Nesi> Long ER2 @ 741.10

<+szubaark> exit stop moved to breakeven ES @ 1274 «« paper »» 10:22

<@NihabaAshi> Long ER2 @ 742.20 -> small size

<+Andy> Exited 1/2 ES Long @ 1275 --> + 1 «« paper »»

<@NihabaAshi> 2 only

<+silo> Long YM @ 11493 «« paper »» 10:23

<@NihabaAshi> Exited all ER2 Long @ 743.50 --> + 1.3 10:24

<+Andy> Exited 1/4 ES Long @ 1276.25 --> + 2.25 «« paper »»

<+silo> Exited 1/2 YM Long @ 11513 --> + 20 «« paper »» 10:25

1 contract remaining 10:26

<+PeterPanBoy> Long ES @ 1276.5

<+Andy> Exited Remainder ES Long @ 1276.75 --> + 2.75 «« paper »» 10:27

<+PeterPanBoy> Exited all ES Long @ 1276.25 --> - 0.25

<+silo> Exited 1/2 YM Long @ 11509 --> + 16 «« paper »»

<+Andy> Shorts ES @ 1276.5 «« paper »» 10:28

<+szubaark> Exited all Long ES at 1276 --> + 2 «« paper »»

<+PeterPanBoy> Shorts ES @ 1276

<+Andy> Covered 3/4 ES Short @ 1275.5 --> + 1 «« paper »» 10:29

<+PeterPanBoy> Covered 1/2 ES Short @ 1275.75 --> + 0.25

<+silo> Shorts YM @ 11505 «« paper »»

<+PeterPanBoy> Covered Remainder ES Short @ 1276 --> 0 10:30

<+silo> Covered all YM Short @ 11514 --> - 9 «« paper »» 10:31

<+PeterPanBoy> Long ES @ 1276.5

<+Andy> Covered Remainder ES Short @ 1275.75 --> + 0.75 «« paper »»

<+PeterPanBoy> Exited 1/2 ES Long @ 1276.75 --> + 0.25 10:32

Exited Remainder ES Long @ 1277 --> + 0.5 10:33

Long ES @ 1276.75

Exited 1/2 ES Long @ 1276.75 --> 0 10:34

<+szubaark> Buys ES @ 1277.75 «« paper »» 10:35

<+PeterPanBoy> Exited Remainder ES Long @ 1277.75 --> + 1

<+szubaark> Exited all Long ES at 1278 --> + 0.25 «« paper »» 10:36

<+PeterPanBoy> Long ES @ 1278

Exited 1/2 ES Long @ 1278 --> 0 10:37

Exited Remainder ES Long @ 1279.25 --> + 1.25 10:38

<+Andy> vn ppb 10:39

<+PeterPanBoy> thanks

today star was not good

Long ES @ 1278.25

Exited 1/2 ES Long @ 1278.5 --> + 0.25 10:40

Exited Remainder ES Long @ 1278.5 --> + 0.25

<@X> #FuturesTrades Info -> Some members (including me) explain basic details about their trades posted in #FuturesTrades @ http://thestrategylab.com/forum/index.ph p?board=58.0 and there's a link there to take you to #FuturesTrades archived logs if you're interested in reviewing past trades or market commentary posted in #FuturesTrades. 10:41

<+silo> Long YM @ 11547 «« paper »»

<+PeterPanBoy> Long ES @ 1280.75 10:42

<@NihabaAshi> weak resistance area ER2

<+silo> Exited 1/2 YM Long @ 11560 --> + 13 «« paper »»

1 contract remaining

<+PeterPanBoy> nice silo 10:43

<+Andy> Shorts ES @ 1280.5 «« paper »»

<+PeterPanBoy> Exited 1/2 ES Long @ 1280.25 --> - 0.5

Exited Remainder ES Long @ 1280.25 --> - 0.5 10:44

punished too much greed :( 10:45

<+silo> Exited 1/2 YM Long @ 11548 --> + 1 «« paper »»

<+Andy> Covered 2/3 ES Short @ 1279.5 --> + 1 «« paper »»

<+silo> trailing stop hit

<@NihabaAshi> Shorts ER2 @ 747.10 -> small size 10:46

2 only

<+Andy> Covered 1/4 ES Short @ 1278.5 --> + 2 «« paper »»

h1

<@NihabaAshi> tough trade for me

<+silo> could've made a lot more had i just exited my full positions for each trade instead of trying to leave half and let it hit breakeven

since the day is so volatile and not trending

<+PeterPanBoy> Long ES @ 1278.75 10:47

<+silo> first playing 2 contracts as my main position... so not used to the management yet

<+PeterPanBoy> Exited all ES Long @ 78.75 --> - 1200

<+silo> also testing YM... so will take some time for me to get comfortable with it

<@NihabaAshi> Covered all ER2 Short @ 746.30 --> + 0.8 10:49

<+PeterPanBoy> Long ES @ 1277

<baxwill> Silo, batting that YM nicely 10:50

<+PeterPanBoy> Exited 1/2 ES Long @ 1277 --> 0

Exited Remainder ES Long @ 1277 --> 0

* Kalle [ long CAC @ 74.5 small ] 10:53

<+szubaark> Buys ES @ 1276.50 «« paper »»

* +Kalle [ out CAC @ 76 +1.5 some ]

<+szubaark> Exited all Long ES at 1275.25 --> - 1.25 «« paper »» 10:54

* +Kalle [ flat CAC @ 74 -.5 ]

<+szubaark> Shorts ES @ 1274.50 «« paper »»

<+PeterPanBoy> Shorts ES @ 1274.75 10:55

<+Andy> Covered Remainder ES Short @ 1274.75 --> + 5.75 «« paper »»

<+PeterPanBoy> maybe late was limit fill

<+szubaark> Covered all Short ES at 1275.50 --> - 1 «« paper »»

* +Kalle [ long CAC @ 71 ]

[ out CAC @ 73 +2.0 some ] 10:56

<+PeterPanBoy> Covered all ES Short @ 1275.5 --> - 0.75

<+szubaark> Buys ES @ 1275.75 «« paper »»

* +Kalle [ out CAC @ 74 +3.0 some ] 10:58

<+PeterPanBoy> Long ES @ 1275.25

<+szubaark> Exited all Long ES at 1274.75 --> - 1 «« paper »» 10:59

Shorts ES @ 1275 «« paper »»

<+PeterPanBoy> Exited all ES Long @ 1275.75 --> + 0.5

sorry 74.75

:(

<+silo> bax, haha yeah it's ok so far... one thing is i'm still new to playing multiple contract positions... today.. should have just go in and out without leaving any for further gains.. due to the high volatility 11:00

<@X> #FuturesTrades Info -> Some members (including me) explain basic details about their trades posted in #FuturesTrades @ http://thestrategylab.com/forum/index.ph p?board=58.0 and there's a link there to take you to #FuturesTrades archived logs if you're interested in reviewing past trades or market commentary posted in #FuturesTrades.

<+PeterPanBoy> Shorts ES @ 1274.25

<+silo> if it's a nice trending day... then leaving 1/2 and setting it to breakeven would be a good way to capture more points

but not today

<+szubaark> Covered all Short ES at 1275 --> 0 «« paper »»

* +Kalle [ flat CAC @ +.5 stopped ]

<+szubaark> Buys ES @ 1275 «« paper »»

<+PeterPanBoy> Covered all ES Short @ 1274.75 --> - 0.5 11:01

yeah very very volatility today

<+silo> yeah... much better to just go in and out without leaving contracts behind

<+szubaark> but still small Range

<+PeterPanBoy> very hard to trade 11:02

for me

<+silo> szu: er2's 2 swings were both about 8 pts each

that's pretty big :)

<+szubaark> ohh.. i dont watch ER

<+silo> for YM it's about 90pts each swing

<+szubaark> exit stop moved to breakeven ES @ 1275 «« paper »» 11:03

<+silo> that's 450 bucks with one contract

900 bucks with 2 contracts

<+PeterPanBoy> Long ES @ 1276.27

76.75 11:04

Exited 1/2 ES Long @ 1277.75 --> + 1.48

<+szubaark> Exited all Long ES at 1277.75 --> + 2.75 «« paper »»

<+PeterPanBoy> Exited Remainder ES Long @ 1277.5 --> + 1.23 11:06

get nervous

Long ES @ 1278

Exited 1/2 ES Long @ 1278.5 --> + 0.5 11:07

Exited Remainder ES Long @ 1278.25 --> + 0.25

* +Kalle [ short CAC @ 74.5 ] 11:08

[ out CAC @ 71 +3.5 ] 11:09

[ out CAC @ 68.5 +6.0 ] 11:10

<+szubaark> nice Kalle

this range is coiling up tighter and tighter and we are also approaching lunch time :(( 11:11

<+PeterPanBoy> Shorts ES @ 1275.75 11:12

<@NihabaAshi> Shorts ER2 @ 743.80 -> small size

1 only

Tried to get Short @ 744.90

Had some problems

Will use that as a cue to take a break and go to lunch 11:13

<+Andy> Shorts ES @ 1275 «« paper »»

<+PeterPanBoy> Covered 1/2 ES Short @ 1274.75 --> + 1

<+szubaark> nice scalps Peter

<+PeterPanBoy> thanks but tired a lot

<+szubaark> yes,im getting exhausted myself from this price Action, might need to take a break and recover 11:14

<+Andy> Covered 2/3 ES Short @ 1273.5 --> + 1.5 «« paper »»

<+PeterPanBoy> Covered Remainder ES Short @ 1273.75 --> + 2 11:15

Shorts ES @ 1273

<@NihabaAshi> Covered ER2 Short @ 742.00 --> + 1.8 11:16

<+Andy> Covered 1/4 ES Short @ 1272.5 --> + 2.5 «« paper »»

<+PeterPanBoy> Covered 1/2 ES Short @ 1272.5 --> + 0.5

Covered Remainder ES Short @ 1272.75 --> + 0.25 11:17

Long ES @ 1272 11:23

Exited 1/2 ES Long @ 1272.25 --> + 0.25 11:24

Exited Remainder ES Long @ 1272 --> 0

* +Kalle [ out CAC @ 60.0 +14.5 ] 11:25

<+PeterPanBoy> Shorts ES @ 1272.5 11:26

Covered 1/2 ES Short @ 1272.25 --> + 0.25 11:27

Covered Remainder ES Short @ 1272.25 --> + 0.25

Long ES @ 1273.5 11:29

Exited all ES Long @ 1272.5 --> - 1

* +Kalle [ flat CAC @ 57.0 +17.5 ] 11:30

<+baxwill> Kalle, Nice going 11:31

<+PeterPanBoy> Shorts ES @ 1272

<+Kalle> thx 11:32

ran out of contracts ;)

<+PeterPanBoy> Covered 1/2 ES Short @ 1271 --> + 1

Covered Remainder ES Short @ 1271 --> + 1

Shorts ES @ 1270.5 11:33

Covered 1/2 ES Short @ 1270.5 --> 0 11:34

Covered Remainder ES Short @ 1270.5 --> 0

Shorts ES @ 1270 11:36

Covered 1/2 ES Short @ 1268.75 --> + 1.25 11:37

Covered Remainder ES Short @ 1268.25 --> + 1.75 11:38

Shorts ES @ 1268 11:39

Covered 1/2 ES Short @ 1268.25 --> - 0.25

Covered Remainder ES Short @ 1268.5 --> - 0.5

Shorts ES @ 1268.25 11:40

Covered 1/2 ES Short @ 1267.5 --> + 0.75 11:41

Covered Remainder ES Short @ 1267.5 --> + 0.75

Long ES @ 1268.25 11:42

Exited 1/2 ES Long @ 1268 --> - 0.25 11:43

Exited Remainder ES Long @ 1268.25 --> 0

<+Andy> Covered Remainder ES Short @ 1268.25 --> + 6.75 «« paper »» 11:47

<+PeterPanBoy> good andy

<+Andy> :)

<+baxwill> Kalle, what US EST times are good for CAC? 11:48

<+PeterPanBoy> Long ES @ 1268.50 11:49

Exited 1/3 ES Long @ 1268.5 --> 0 11:50

Exited Remainder ES Long @ 1268 --> - 0.5 11:51

Shorts ES @ 1268.25

of course ptice go up 11:52

Covered Remainder ES Short @ 1268.75 --> - 0.5

have to slow down 11:53

Long ES @ 1268.75

Exited 1/2 ES Long @ 14269 --> + 13000.25 11:54

1269

Exited Remainder ES Long @ 1268.75 --> 0

<+Andy> that is a good take, ppb...I see retirement on the horizon

:) 11:55

<+PeterPanBoy> :) 11:56

<+Andy> Long ES @ 1267 «« paper »»

<+PeterPanBoy> happy was not catch in this down move :)

Shorts ES @ 1266.25 11:57

Covered all ES Short @ 1266.75 --> - 0.5 11:58

<+silo> now would be the time to leave one contract for further gains

with downtrend in place and lower volatility

as opposed to morning's action

* +silo jots down notes for future reference :)

<+silo> better time than earlier at least 11:59

<+PeterPanBoy> Long ES @ 1267

<+Nesi> Long ER2 @ 737.30

<@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

<+PeterPanBoy> Exited 1/2 ES Long @ 1267.25 --> + 0.25 12:00

Exited Remainder ES Long @ 1267.25 --> + 0.25

lucky :)

Long ES @ 1267.25 12:01

Exited all ES Long @ 1267 --> - 0.25

Shorts ES @ 1266.5 12:02

Covered 1/2 ES Short @ 1266.5 --> 0

<+Andy> Long ES @ 1266.5 -> Add «« paper »» 12:03

<+PeterPanBoy> Covered Remainder ES Short @ 1266.25 --> + 0.25

<@NihabaAshi> weak support area ER2

<+PeterPanBoy> Shorts ES @ 1266

<@NihabaAshi> got my order in

<+PeterPanBoy> Covered 1/2 ES Short @ 1266.5 --> - 0.5 12:04

Covered Remainder ES Short @ 1267 --> - 1 12:05

too much lost

Long ES @ 1267.25

<+Andy> Exited 2/3 ES Long @ 1268 --> + 1.5 «« paper »»

<+PeterPanBoy> Exited 1/2 ES Long @ 1267.5 --> + 0.25

Exited Remainder ES Long @ 1267.75 --> + 0.5 12:06

go lunch see ya later

<@NihabaAshi> Long ER2 @ 737.90 -> small size

2 only

Exited ER2 Long @ 737.10 --> - 0.8 12:10

<+Andy> Exited Remainder ES Long @ 1266 --> - 1 «« paper »» 12:11

<@NihabaAshi> Long ER2 @ 737.40 -> small size 12:13

2 only 12:14

<+silo> Long YM @ 11441 «« paper »» 12:15

Exited all YM Long @ 11434 --> - 7 «« paper »» 12:17

<@NihabaAshi> Exited all ER2 Long @ 737.60 --> + 0.2 12:18

:(

tighten my trail too soon

Long ER2 @ 738.00 -> small size 12:19

1 only

chasing

<+Andy> Long ES @ 1266.5 «« paper »» 12:23

Exited 3/4 ES Long @ 1267.5 --> + 1 «« paper »» 12:24

<+silo> Long YM @ 11448 «« paper »»

<@NihabaAshi> Exited ER2 Long @ 739.10 --> + 1.1 12:26

Glad I didn't give up but had to lower my position size after missing or getting shaken out of the prior Long position so easily. 12:27

<+Andy> 70.25, my guess 12:30

that and a $1.25 will buy you a 16 oz diet coke 12:31

<+silo> Exited all YM Long @ 11449 --> + 1 «« paper »»

tried to catch too much

:)

ended up catching nothing but air

lol

<+Andy> Long ES @ 1266.5 -> Add «« paper »» 12:35

<+silo> Long YM @ 1158 «« paper »» 12:36

Exited all YM Long @ gagerh --> + gagerh - 1158 «« paper »»

Long YM @ 11458 «« paper »»

<+Andy> Exited 2/3 ES Long @ 1267.75 --> + 1.25 «« paper »»

<+silo> there we go

back in on the same move... hopefully this time it'll work out

<+szubaark> Shorts ES @ 1267.50 «« paper »» 12:44

exit stop set ES @ 1268.50 «« paper »» 12:45

Expecting Volatility spike soon, hopefully to downside,Im Short 12:46

<@X> #FuturesTrades Info -> Some members (including me) explain basic details about their trades posted in #FuturesTrades @ http://thestrategylab.com/forum/index.ph p?board=58.0 and there's a link there to take you to #FuturesTrades archived logs if you're interested in reviewing past trades or market commentary posted in #FuturesTrades. 12:47

<+szubaark> Covered all Short ES at 1267.75 --> - 0.25 «« paper »» 12:49

Shorts ES @ 1266.75 «« paper »»

<+silo> Exited all YM Long @ 11453 --> - 5 «« paper »»

<+szubaark> exit stop set ES @ 1268 «« paper »» 12:51

<+Andy> h2 stop loss 1265.75 1 pt 12:52

lunch bbl

<+szubaark> Covered all Short ES at 1268 --> - 1.25 «« paper »» 12:53

Shorts ES @ 1267 «« paper »» 12:55

exit stop set ES @ 1268.25 «« paper »» 12:56

Volatility spike 13:01

exit stop moved to breakeven ES @ 1267 «« paper »»

Will need Volatiity breakout or my Stop will be easily taken out 13:03

Covered all Short ES at 1267 --> 0 «« paper »» 13:04

Buys ES @ 1267.75 «« paper »»

exit stop moved to breakeven ES @ 1267.75 «« paper »» 13:07

Exited all Long ES at 1269.50 --> + 1.75 «« paper »» 13:20

Shorts ES @ 1269.75 «« paper »» 13:24

exit stop moved to breakeven ES @ 1269.75 «« paper »» 13:25

Covered all Short ES at 1269.75 --> 0 «« paper »» 13:26

<+PeterPanBoy> Long ES @ 1270 13:28

chasing

after lunch 13:29

<+Kalle> Beige Book at 2pm EST

<+PeterPanBoy> Exited 1/2 ES Long @ 1270 --> 0

Exited Remainder ES Long @ 1269.75 --> - 0.25 13:30

Shorts ES @ 1269.25

<+szubaark> Buys ES @ 1270 «« paper »» 13:31

<+PeterPanBoy> Covered all ES Short @ 1269.75 --> - 0.5 13:32

<+szubaark> Exited all Long ES at 1269 --> - 1 «« paper »» 13:33

Buys ES @ 1269.50 «« paper »» 13:35

exit stop set ES @ 1268.75 «« paper »» 13:36

Exited all Long ES at 1268.75 --> - 0.75 «« paper »» 13:43

Buys ES @ 1269.75 «« paper »»

exit stop set ES @ 1268.75 «« paper »» 13:46

<+Andy> Exited Remainder ES Long @ 1265.75 --> - 0.75 «« paper »»

<+szubaark> exit stop moved to breakeven ES @ 1269.75 «« paper »» 13:47

Beige Book LEAK? LOL

<+silo> Long YM @ 11506 «« paper »» 13:50

<+Andy> Shorts ES @ 12700 «« paper »»

Shorts ES @ 1270.0 «« paper »» 13:51

<+Nesi> Long ER2 @ 742.50 13:53

beige book in 7 minutes

<+silo> Exited all YM Long @ 11506 --> 0 «« paper »» 13:55

<+Nesi> come on

minutes to beige book

<+Andy> geeeezzzzz 13:57

<+Nesi> exit stop set ER2 @ 741.50 13:58

<+szubaark> Exited all Long ES at 1272.50 --> + 2.75 «« paper »»

dont want to hold for Beige Book

<+Andy> Covered all ES Short @ 1272.5 --> - 2.5 «« paper »» 13:59

that entry was at 1272...error...so -.5 14:01

<+silo> Long YM @ 11494 «« paper »» 14:03

OMG 14:04

nice

<+szubaark> Buys ES @ 1273.50 «« paper »»

<+silo> Exited 1/2 YM Long @ 11529 --> + 35 «« paper »» 14:05

<+szubaark> Exited all Long ES at 1273.50 --> 0 «« paper »»

chaser big time, was distracted

<SpartanWarrior> Long ES @ 1273 «« paper »» 14:07

<+silo> 1 contract remaining 14:09

<+SpartanWarrior> Exited all ES Long @ 1271 --> - 2 «« paper »» 14:10

<+silo> Exited 1/2 YM Long @ 11495 --> + 1 «« paper »»

trailing stop hit 14:11

<+SpartanWarrior> Shorts ES @ 1270 «« paper »»

Covered 1/2 ES Short @ 1268.50 --> + 1.5 «« paper »» 14:13

<+silo> Shorts YM @ 11471 «« paper »»

<futurible> Long ER2 @ 739.50 «« paper »» 14:16

<+silo> Covered 1/2 YM Short @ 1148 --> + 10323 «« paper »» 14:18

wtf

out half at 11480

<+Andy> Shorts ES @ 1269.25 «« paper »» 14:19

<+SpartanWarrior> Shorts ES @ 1269.25 -> Add «« paper »»

Covered 1/2 ES Short @ 1267.25 --> + 2 «« paper »» 14:21

<+futurible> Exited all ER2 Long @ 739.60 --> + 0.1 «« paper »»

<+SpartanWarrior> meant 1267.75

<+Andy> Covered 3/4 ES Short @ 1267.75 --> + 1.5 «« paper »»

<+futurible> Exited all ER2 Long @ 739.00 --> - 0.5 «« paper »»

<+szubaark> Shorts ES @ 1267 «« paper »»

<+silo> Shorts YM @ 11465 -> Add «« paper »»

saw a large sell order in ym 14:22

<+szubaark> exit stop set ES @ 1268 «« paper »» 14:23

Covered all Short ES at 1268 --> - 1 «« paper »» 14:25

<+silo> so i'm slightly bearish 14:26

<+Andy> Covered 1/4 ES Short @ 1268.25 --> + 1 «« paper »» 14:27

<+SpartanWarrior> Shorts ES @ 1268.25 -> Add «« paper »» 14:30

<+szubaark> Shorts ES @ 1268 «« paper »»

Covered all Short ES at 1269 --> - 1 «« paper »» 14:32

Buys ES @ 1269.25 «« paper »»

<+futurible> Long ER2 @ 740.50 «« paper »»

<+Andy> post announcement trader sentiment is so distorted it is hard to do usual plays

Covered Remainder ES Short @ 1269.25 --> 0 «« paper »» 14:33

* Kalle [ short YM @ 84 *risky* ]

* +Kalle [ out YM @ 79 ] 14:34

<+szubaark> Exited all Long ES at 1268.25 --> - 1 «« paper »» 14:35

<+futurible> Exited all ER2 Long @ 739.60 --> - 0.9 «« paper »»

<+szubaark> Buys ES @ 1269.25 «« paper »» 14:36

<+futurible> Long ER2 @ 739.90 «« paper »» 14:37

<+szubaark> exit stop set ES @ 1268 «« paper »»

<+futurible> Exited 3/4 ER2 Long @ 740.90 --> + 1 «« paper »» 14:39

<+SpartanWarrior> Covered Remainder ES Short @ 1272 --> - 5.75 «« paper »»

<+szubaark> exit stop moved to breakeven ES @ 1269.25 «« paper »» 14:40

<+SpartanWarrior> Long ES @ 1271 «« paper »»

<+futurible> Exited Remainder ER2 Long @ 741.60 --> + 1.7 «« paper »» 14:41

<+szubaark> Exited all Long ES at 1269.25 --> 0 «« paper »» 14:50

<@X> #FuturesTrades Info -> Some members (including me) explain basic details about their trades posted in #FuturesTrades @ http://thestrategylab.com/forum/index.ph p?board=58.0 and there's a link there to take you to #FuturesTrades archived logs if you're interested in reviewing past trades or market commentary posted in #FuturesTrades.

<+SpartanWarrior> Exited Remainder ES Long @ 1269 --> - 2 «« paper »»

<+szubaark> Buys ES @ 1268.50 «« paper »» 14:51

exit stop set ES @ 1267.50 «« paper »» 14:53

<+futurible> Shorts ER2 @ 739.00 «« paper »»

<+szubaark> Exited all Long ES at 1267.75 --> - 0.75 «« paper »» 14:54

Shorts ES @ 1267.75 «« paper »» 14:55

<+futurible> Covered all ER2 Short @ 738.00 --> + 1 «« paper »»

<KN-SR> Long ES @ 1267.50

<+szubaark> Covered all Short ES at 1268.50 --> - 0.75 «« paper »» 14:56

Buys ES @ 1268.50 «« paper »»

<+KN-SR> stop 2.25

brb

<+szubaark> 3pm coming up, something should Pop soon

exit stop set ES @ 1267.50 «« paper »» 14:58

<+silo> hey kn 14:59

<+szubaark> exit stop moved to breakeven ES @ 1268.50 «« paper »» 15:00

<+KN-SR> Exited 3/4 ES Long @ 1270.50 --> + 3 15:02

out 14 h 11

stop 1.25

<+szubaark> Nice KN 15:03

<+KN-SR> thanks

<+futurible> Shorts ER2 @ 739.00 «« paper »» 15:05

<+szubaark> just cant breakout out of this Chop Range

<+KN-SR> brb 15:06

<+szubaark> Exited all Long ES at 1268.50 --> 0 «« paper »»

Shorts ES @ 1267.75 «« paper »» 15:09

<+futurible> Covered 3/4 ER2 Short @ 737.70 --> + 1.3 «« paper »»

<+szubaark> exit stop set ES @ 1269 «« paper »» 15:10

Looks like its Broker day today LOL 15:12

<+silo> it's szu day 15:13

positive thinking szu

day is not over :D

<+futurible> Covered Remainder ER2 Short @ 738.80 --> + 0.2 «« paper »»

<+szubaark> Covered all Short ES at 1269.25 --> - 1.5 «« paper »»

Buys ES @ 1269.25 «« paper »»

the longer the time we spend here, the bigger the Explosion gonna be to upside or downside soon 15:15

<+futurible> Long ER2 @ 738.20 «« paper »» 15:17

<+szubaark> Exited all Long ES at 1267.50 --> - 1.75 «« paper »» 15:18

<+futurible> Exited all ER2 Long @ 737.50 --> - 0.7 «« paper »»

<+szubaark> Shorts ES @ 1267.50 «« paper »»

BREAK!!

Brutal Chop

<+KN-SR> Long ES @ 1267 15:19

add

Exited 3/4 ES Long @ 128.50 --> - 1138.5

nop

Exited 3/4 ES Long @ 1268.50 --> + 1.5

<+szubaark> Covered all Short ES at 1268.50 --> - 1 «« paper »»

<+futurible> Long ER2 @ 738.20 «« paper »» 15:20

<+KN-SR> out 14 h 11 + 11

<+szubaark> Buys ES @ 1268.50 «« paper »»

<+KN-SR> Exited 1/2 ES Long @ 1271.00 --> + 4 15:22

<+futurible> Exited 3/4 ER2 Long @ 739.30 --> + 1.1 «« paper »»

<+KN-SR> h11

Exited 1/4 ES Long @ 1272.00 --> + 5 15:23

h9

Exited 1/4 ES Long @ 1273.00 --> + 6 15:24

h7

Exited 1/4 ES Long @ 1274.00 --> + 7

<+futurible> Exited Remainder ER2 Long @ 740.90 --> + 2.7 «« paper »»

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<+KN-SR> h5

<+szubaark> extremely nice trade KN

<+KN-SR> thanks

<+palmer> KN amazing

as usual

<+szubaark> exit stop moved to breakeven ES @ 1268.50 «« paper »»

<+KN-SR> thanks 15:25

<+futurible> Long ER2 @ 740.90 «« paper »» 15:27

Exited all ER2 Long @ 740.1 --> - 0.8 «« paper »» 15:29

<+szubaark> geez, each move is quickly reversed. Cant get any runners going :(( 15:30

<+KN-SR> u need to take a position long or short and hold onto it 15:31

i think

<+silo> or get out fast 15:32

<+szubaark> yes but they always coming back to get the Stop

<+KN-SR> in and out, scalping wont help much here

this is not a scalping market

<+silo> and have a predetermined area where you want to get out... and not wait for the price to retrace

<+KN-SR> now

look at the ll

Lower lows

they are going up 15:33

why dont u just use the stop as last lower low - 2 ticks

<+szubaark> IF we break 1275, we gonna Fly to the upside 15:36

<+KN-SR> so if we go up we are going up :) 15:37

<+szubaark> here we go 15:38

<+PeterPanBoy> the problem is till last moment nobody knows where price is headed 15:41

so anytime is a guest at best

easy spot after facts 15:42

so capital protection is a must

<+szubaark> Exited all Long ES at 1273.25 --> + 4.75 «« paper »»

<+PeterPanBoy> nice szuba 15:43

<+szubaark> thanks.. lotta work for these points today

<+PeterPanBoy> yeah today big volat

<+KN-SR> nice 15:44

<+szubaark> its just so choppy today, they always coming back for Stops even with good entries

<+PeterPanBoy> yeh they know you :)

<+szubaark> god forbid i become rich off trading :)

<+PeterPanBoy> I think program trading rules 15:45

<+KN-SR> :)

<+szubaark> yup just takes a very long time to read their computers

<+PeterPanBoy> so in days like today if not fresh money entry in market is difficult 15:46

<+Andy> Long ES @ 1272.75 «« paper »»

<+PeterPanBoy> trade not big fluid move due to istitutional big order

<+KN-SR> brb

<+PeterPanBoy> ok 15:47

<+szubaark> Buys ES @ 1273.25 «« paper »»

Exited all Long ES at 1273.25 --> 0 «« paper »» 15:48

Shorts ES @ 1272.50 «« paper »» 15:49

Covered all Short ES at 1273.75 --> - 1.25 «« paper »» 15:51

Buys ES @ 1273.75 «« paper »»

lots of Stops above 15:52

<+KN-SR> Exited 1/4 ES Long @ 1275.00 --> + 8 15:53

h4

<+szubaark> exit stop moved to breakeven ES @ 1273.75 «« paper »»

<+Andy> Exited 2/3 ES Long @ 1274.25 --> + 1.5 «« paper »» 15:54

<+KN-SR> nice

<+Andy> Exited 2/3 ES Long @ 1274.75 --> + 2 «« paper »»

thanks

the second post was correct

:)

<+KN-SR> Exited 1/4 ES Long @ 1276.00 --> + 9 15:58

h3

stop 1267.00 0.00 16:01

<+szubaark> Exited all Long ES at 1274.50 --> + 0.75 «« paper »» 16:03

too late in the day 16:04

* sep34 is now known as sep34_away 16:06

<+PeterPanBoy> see ya all tomorrow bye 16:13

<+szubaark> bye

<+Andy> Exited Remainder ES Long @ 1275.25 --> + 2.5 «« paper »» 16:15

<+KN-SR> nice

we are dead for half an hr

<+Andy> thanks

<+szubaark> nice Andy

<+Andy> thanks, szu...you had a pretty good day today

as well 16:16

<+szubaark> yeah, commisions killed me

<+KN-SR> brb

<+Andy> you're making nice progress...I can see over the past few months

<+szubaark> tahts something that also needs to be considered.. yeah.. its a slow process

<+Andy> now at least you 16:17

have gotten to the point where commissions are a major concern! :)

<werner> gn all 16:37

<@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
16:56

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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

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