#FuturesTrades September 11th Thursday 2008 Trade Log

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.

Simply, my job is to keep the peace and ensure #FuturesTrades is a useful community of traders from around the world that have gather in a virtual trading office.

In addition, I personally use the below chat log as feedback for critical trading information that's not available when I review my broker statements nor any statistical analysis of my trading.  To maintain the usefulness of the below chat log, all of my trades were posted in real-time within 5 seconds after entry or exit unless otherwise noted in the log. 

  To read behind the scenes details about my trades posted below such as explanation of 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). However, some of my trades are intuition via market experience in combo with many concepts from my rule based methodology.

  My own current performance record and broker profit/loss statement is posted at the bottom of today's log.

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

Last of all, 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: Thu Sep 11 09:13:40 2008Session Ident: #futurestrades
* Now	talking in #futurestrades	09:13
<@X>	[NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
<Nesi>	buen dia all	09:15
<baxwill>	good morning
<@NihabaAshi>	Good morning	09:16
<silo>	morning
<QQQQ>	good morning niha
<pat255>	gm all
<T-stop>	gm	09:17
<kosmipt>	gm	09:24
<+silo>	are we using YMZ8 today?	09:25
<futurible>	gm all	09:26
<PapaJon>	gm all	09:27
<AndyP>	GM
<+silo>	do we trade with YMZ8 or YMU8 still?	09:28
<@NihabaAshi>	trade whatever you want...U or Z	09:29
	:)
	Shorts ES @ 1216.50 -> large size	09:32
<+futurible>	Shorts ER2 @ 705.20 «« paper »»
<+silo>	you're trading es today?	09:33
<+futurible>	Covered all ER2 Short @ 705.10 --> + 0.1 «« paper »»	09:34
<@NihabaAshi>	Covered ES Short @ 1218.50 --> - 2	09:37
	Reverse and Enter Long ES @ 1218.50
<werner>	mmm tradestation ER2Z08 is not working here	09:38
<szubaark>	yeah, having problems with setting up data myself
<@NihabaAshi>	Exited all ES Long @ 1218.00 --> - 0.5
<+szubaark>	hate rollovers
<+silo>	Shorts YM @ 11157
<@NihabaAshi>	Shorts ES @ 1217.00 -> large size
<+werner>	indd szu
<+silo>	Covered all YM Short @ 11124 --> + 33	09:39
<pdays>	there isn't any ER2Z08
<+silo>	oh yeah !@
	:)
<@NihabaAshi>	szu...rollovers always "crazy" in the morning until things calm down.
	Expect the unexpected :)
<+pdays>	its's TFZ08
<+werner>	ok tx	09:40
<+pdays>	also u have to add the real time package or u get delayed data
<+szubaark>	Shorts ES @ 1213.50 «« paper »»	09:41
<+werner>	yes i did that tx Pdays	09:42
<@NihabaAshi>	Covered all ES Short @ 1214.75 --> + 2.25
	Shorts ES @ 1213.50 -> large size	09:43
<+szubaark>	exit stop moved to breakeven ES @ 1213.50 «« paper »»
	Covered all Short ES at 1213.50 --> 0 «« paper »»	09:44
	Buys ES @ 1213 «« paper »»
	Exited all Long ES at 1211.75 --> - 1.25 «« paper »»	09:45
	Shorts ES @ 1211.75 «« paper »»
<+silo>	is there a difference between using Z or U contract today?
<@NihabaAshi>	Covered all ES Short @ 1213.00 --> + 0.5	09:47
	silo...put your charts side by side and see the difference...
<+szubaark>	Covered all Short ES at 1213.75 --> - 2 «« paper »»
<@NihabaAshi>	It will become more apparent when the trading day progresses
<+werner>	look to the volume
<@NihabaAshi>	If you don't know the difference nor know what happens on contract changover day...	09:48
	DO NOT TRADE TODAY !!!
<+silo>	i know the volume will gradually shift towards the Z chart	09:49
	as we roll over
<+AndyP>	Shorts ES @ 1213.5 «« paper »»
<@NihabaAshi>	Long ES @ 1214.25 -> large size	09:50
<+szubaark>	Buys ES @ 1214 «« paper »»
<+werner>	so when you see more volume on z trade z
<+AndyP>	Covered all ES Short @ 1216 --> - 2.5 «« paper »»	09:52
<+szubaark>	exit stop moved to breakeven ES @ 1214 «« paper »»	09:53
<@NihabaAshi>	Exited all ES Long @ 1217.50 --> + 3.25	09:54
<palmer>	out +3
<+silo>	Shorts YM @ 11144
<@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.
<+pat255>	vn N good job on ES	09:55
<+szubaark>	Exited all Long ES at 1214 --> 0 «« paper »»
	Shorts ES @ 1214.25 «« paper »»
	Covered all Short ES at 1214 --> + 0.25 «« paper »»	09:59
<+silo>	Covered all YM Short @ 11126 --> + 18
	er2 and nq refuses to go down	10:00
	decided to take profit
<+szubaark>	Buys ES @ 1214.25 «« paper »»
<+silo>	50 bucks short of daily target
	:)
<+szubaark>	exit stop moved to breakeven ES @ 1214.25 «« paper »»	10:01
	Exited all Long ES at 1217.50 --> + 3.25 «« paper »»
* Looking	up silo user info...	10:02
<+szubaark>	Feel weird, as im trading off my Brokers Entry Platform charts
	cant get Tradestation to work on Rollover
<oaktree>	buy spy 122.10	10:05
<+silo>	missed this short	10:07
	but this one is definetly riskier thanthe ones before
	in my opinion
<KN-SR>	[09:08:22] -> *#FutureTrades* Long EUR.USD @ 1216.50	10:08
<+KN-SR>	its not printing for some reason
<@NihabaAshi>	Long ES @ 1220.25 -> medium size	10:09
	4 only
	chasing
	Exited all ES Long @ 1219.50 --> - 0.75	10:11
<+silo>	Shorts YM @ 11160
<@NihabaAshi>	Long ES @ 1221.25 -> medium size	10:12
	4 only
<+silo>	Covered all YM Short @ 11176 --> - 16
<KN-SR>	h 9	10:13
<+KN-SR>	nop EUR.USD
	ES
<+silo>	Long YM @ 11185
<@NihabaAshi>	Exited all ES Long @ 1223.50 --> + 2.25
<+pat255>	vn
<@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.	10:14
<+KN-SR>	h8
	stop .75 .. brb
<+silo>	Exited all YM Long @ 11169 --> - 16	10:16
	k gonna wait for price to trade away from current area
	stop hits twice
<+szubaark>	silo, i thought yur Hard Stop was -15?
<+silo>	it was...
	it is
	i jus tpost the price where i get out at when i press the botton	10:17
	it might be a dollar off
	i'm not going to check my pnl box each time to make sure if i post .40 off or something
	real money here
	i just write the number whenever i hear the beep... which tells me my trade has executed	10:18
<+KN-SR>	not pips	10:19
<LP>	anyone trading the TF on ice at tradestation yet?	10:20
<+KN-SR>	brb
<+LP>	i don't want to be the first ;)	10:21
<+silo>	Long YM @ 11156	10:22
	Exited all YM Long @ 11156 --> 0	10:23
<@NihabaAshi>	Long ES @ 1222.75 -> medium size	10:25
	4 only
	Exited all ES Long @ 1220.75 --> - 2	10:26
<+szubaark>	Shorts ES @ 1219 «« paper »»
	Covered all Short ES at 1218.75 --> + 0.25 «« paper »»	10:27
<+AndyP>	Long ES @ 1280.5 «« paper »»	10:28
* Tintin	: hi all
<+szubaark>	Shorts ES @ 1219 «« paper »»
<+AndyP>	Exited all ES Long @ 1219 --> - 61.5 «« paper »»	10:29
<+szubaark>	Im moving to Dec now
	exit stop moved to breakeven ES @ 1219 «« paper »»
	Covered all Short ES at 1219 --> 0 «« paper »»	10:30
<@NihabaAshi>	Shorts ES @ 1218.75 -> medium size
	4 only
<+szubaark>	Shorts ES @ 1218 «« paper »»
<@NihabaAshi>	:(	10:31
<+szubaark>	Covered all Short ES at 1218 --> 0 «« paper »»
	rel jumpy	10:32
<+AndyP>	Long ES @ 1216.75 «« paper »»
<@NihabaAshi>	Covered all ES Short @ 1218.00 --> + 0.75
<+szubaark>	Real Jumpy
<+AndyP>	Exited all ES Long @ 1218.00 --> + 1.25 «« paper »»	10:33
<@NihabaAshi>	My goal today is 30 ES points or about about $1,500
<+szubaark>	Shorts ES @ 1217.25 «« paper »»	10:34
<@NihabaAshi>	If I get there...I'll stop and review my trading because it's been awhile since I've traded ES which is something I use to trade heavily with a very large size many years ago when the volatility was a lot better than current market environment the past year or so.
<+szubaark>	Covered all Short ES at 1220 --> - 2.75 «« paper »»	10:35
	Buys ES @ 1220 «« paper »»
<+T-stop>	ng # out
<@NihabaAshi>	currently have about 22 points (I think because I keep my p/l window closed)
	meant (minimized out of view)	10:36
<+oaktree>	sell spy 122.32	10:37
<@NihabaAshi>	Long ES @ 1221.50 -> small size	10:40
	3 only	10:41
<+szubaark>	exit stop set ES @ 1220.25 «« paper »»	10:42
<@NihabaAshi>	tighten trail
<+szubaark>	Price starting to calm down after being real jumpy	10:43
<@NihabaAshi>	tighten trail again
	Exited all ES Long @ 1222.25 --> + 0.75	10:44
<+AndyP>	Shorts ES @ 1220.50 «« paper »»
<+silo>	Long YM @ 11187	10:45
<@NihabaAshi>	Long ES @ 1223.25 -> small size	10:46
	3 only
	tighten trail
<+szubaark>	silo, u trading Dec?	10:47
<+silo>	sep.
<@NihabaAshi>	Exited all ES Long @ 1224.00 --> + 0.75
<+silo>	Exited all YM Long @ 11187 --> 0	10:48
	failed to breakout again :(
	sigh
<+szubaark>	Exited all Long ES at 1222.25 --> + 2.25 «« paper »»	10:49
	:(
<+AndyP>	Covered all ES Short @ 1223.00 --> - 2.5 «« paper »»	10:50
<+silo>	Long YM @ 11204
<@NihabaAshi>	Long ES @ 1225.75 -> small size
	3 only
	Exited all ES Long @ 1226.50 --> + 0.75	10:51
<rickf>	gm agani
<@NihabaAshi>	Will need to closely examine my "trailing stop" use involving ES on my break.
<+silo>	freaking didn't exit early	10:52
	breakeven again
	Exited all YM Long @ 11210 --> + 6	10:53
<+szubaark>	Shorts ES @ 1227.75 «« paper »»	10:55
	Covered all Short ES at 1225.75 --> + 2 «« paper »»	10:56
	Shorts ES @ 1227 «« paper »»	11:04
	Covered all Short ES at 1229.50 --> - 2.5 «« paper »»	11:05
	Shorts ES @ 1229 «« paper »»	11:07
<@NihabaAshi>	Shorts ES @ 1226.75 -> small size	11:09
	3 only
<+szubaark>	exit stop set ES @ 1228.75 «« paper »»	11:11
<@NihabaAshi>	Covered all ES Short @ 1225.50 --> + 1.25
	Ok...I've reached my profit goal for the day.	11:12
<+szubaark>	Nice.
<+pat255>	vn N ...glad u are trading ES...:)	11:13
<@NihabaAshi>	Will take a long break from trading so that I can review several trading mistakes while getting "re-familiar" with ES.
<+T-stop>	vn
<@NihabaAshi>	Going to also go get some sushi for lunch.
<+szubaark>	yeah Niha i hope u stick with ES
<@NihabaAshi>	Be back later.
<+T-stop>	tks
* NihabaAshi	is now known as NihabaAshi_away
* codehead_afk	is now known as codehead	11:18
<+rickf>	whoa
	when did he start trading the es? :)
	*waits for the rapture to begin*
<+szubaark>	today.
	he'll probobly go back to ER	11:19
<+rickf>	ah
<+szubaark>	Covered all Short ES at 1224.25 --> + 4.75 «« paper »»	11:24
<+rickf>	wtg	11:25
<+szubaark>	Buys ES @ 1231.25 «« paper »»	11:34
<+silo>	Shorts YM @ 11224	11:40
	Covered all YM Short @ 11240 --> - 16	11:42
	Long YM @ 11243
<+szubaark>	Volatility spike
	Exited all Long ES at 1231.50 --> + 0.25 «« paper »»	11:45
<+silo>	Exited all YM Long @ 11228 --> - 15	11:46
* +Tintin	----[ buys zn @ 116 36/64 ]----	11:49
	----[ covers zn @ 116 41/64 +5/64 ]----	11:55
<+szubaark>	Buys ES @ 1233.75 «« paper »»
<+werner>	works es fine on ts zsu?	11:56
<+szubaark>	no,Ill try to fix it after market close
<+werner>	ok cant cancel my orders :(
<+szubaark>	Exited all Long ES at 1232.25 --> - 1.5 «« paper »»	11:58
	Shorts ES @ 1232.25 «« paper »»
	Covered all Short ES at 1234.50 --> - 2.25 «« paper »»	12:00
<+rickf>	:(
<+szubaark>	Buys ES @ 1234.50 «« paper »»
	exit stop set ES @ 1234.75 «« paper »»	12:02
<+rickf>	nice entry there	12:03
<ItalianSharp>	nice volatility today
<+szubaark>	quick reversal
<+ItalianSharp>	so much about rollover day
	i've seen much worse rollover days in the past, very atypical today	12:04
<+szubaark>	Exited all Long ES at 1234.75 --> + 0.25 «« paper »»	12:08
	deep pullbacks, they shakin everyone before each upmove
	Shorts ES @ 1233.75 «« paper »»	12:10
	Covered all Short ES at 1233.50 --> + 0.25 «« paper »»	12:21
	Shorts ES @ 1232 «« paper »»	12:25
	Covered all Short ES at 1233 --> - 1 «« paper »»	12:26
	Buys ES @ 1233 «« paper »»
* +Tintin	: lunchtime ...	12:27
<+szubaark>	Exited all Long ES at 1230.75 --> - 2.25 «« paper »»	12:30
	Shorts ES @ 1228.75 «« paper »»
	Covered all Short ES at 1232.75 --> - 4 «« paper »»	12:35
	]:(((
	Buys ES @ 1232.75 «« paper »»
<+rickf>	yeesh
<+szubaark>	Sneaky bastids
<+silo>	Shorts YM @ 11248
<+szubaark>	Stop run spike from Hell
<+rickf>	"you get a whip and i'll get a saw, honey....."	12:36
<+szubaark>	yeah.. got me for 4 Points	12:37
	now down for day :(
<+rickf>	:(
<+silo>	Covered 1/2 YM Short @ 11218 --> + 30	12:40
* NihabaAshi_away	is now known as NihabaAshi	12:41
<+szubaark>	Exited all Long ES at 1228.25 --> - 4.5 «« paper »»	12:42
	GEEZZZ
	Shorts ES @ 1228.25 «« paper »»
	TANK!!!
<+silo>	Covered Remainder YM Short @ 11220 --> + 28
<+szubaark>	Covered all Short ES at 1230.25 --> - 2 «« paper »»
	:(((
<+silo>	:D	12:43
<+szubaark>	Buys ES @ 1230.25 «« paper »»
	Brutal Whipsaws
<+silo>	Shorts YM @ 11229	12:49
	Covered all YM Short @ 11246 --> - 17	12:51
<+rickf>	*yawn*	12:55
<+szubaark>	Exited all Long ES at 1230.25 --> 0 «« paper »»	12:57
	Shorts ES @ 1229.50 «« paper »»
	Covered all Short ES at 1231 --> - 1.5 «« paper »»	12:58
	Buys ES @ 1231 «« paper »»
	Exited all Long ES at 1230 --> - 1 «« paper »»	13:00
	Shorts ES @ 1230 «« paper »»
	Covered all Short ES at 1229.75 --> + 0.25 «« paper »»	13:04
	Buys ES @ 1229.75 «« paper »»	13:05
<@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
<@NihabaAshi>	Shorts ES @ 1229.50 -> small size
	3 only
<+szubaark>	2 hours of Chop and whipsaws now :((	13:06
	Exited all Long ES at 1227 --> - 2.75 «« paper »»
	:((((
	Shorts ES @ 1227 «« paper »»
<+silo>	Covered 1/2 YM Short @ 11202 --> + 27	13:07
<@NihabaAshi>	Covered 2/3 ES Short @ 1227.00 --> + 2.5
	Holding 1 contract remainder
<Kalle>	vn
<+silo>	Covered Remainder YM Short @ 11200 --> + 29	13:09
<@NihabaAshi>	tighten trail	13:13
	Covered Remainder ES Short @ 1226.75 --> + 2.75	13:14
<+szubaark>	Covered all Short ES at 1229 --> - 2 «« paper »»	13:35
	Shorts ES @ 1228 «« paper »»	13:36
<@NihabaAshi>	estrader1...check your pm I just sent you.	13:38
<+szubaark>	Covered all Short ES at 1231.25 --> - 3.25 «« paper »»	13:39
	:((((
	Buys ES @ 1231.25 «« paper »»
	-> [estrader1] PING	13:40
<@NihabaAshi>	estrader1...I'm going to give you a friendly KICK from #FuturesTrades only to catch your attention...please log back in. Thanks.
* estrader1	was kicked by NihabaAshi (trying to get your attention about your DC chat)	13:42
<+silo>	so to see er2's december contract price we have to have the realtime ICE feed?	13:54
<Bambam-77>	yes	13:55
<+Bambam-77>	tfz8 is symbol	13:56
	nybot is exchange
	1 dollar exchange fee for now
<+silo>	how's the volume for tfz8 right now though	13:57
* +Tintin	: back
<+silo>	eventhough ihave delay feed right now... there aren't that many candlesticks on that chart :\
	not much volume yet?>
<@NihabaAshi>	volume thin on TF
<+Bambam-77>	just finding out about it now silo will let you know
<@NihabaAshi>	Lets see what it is by end of next week
<+Bambam-77>	have to config charts over weekend	13:58
<@NihabaAshi>	By that time most traders of ER2 will know if they will switch or not and data providers or brokers will all have the symbol correct (most do but some don't)
	Shorts ES @ 1232.75 -> small size	14:01
	2 only
	chasing by a full point :(
	Covered all ES Short @ 133.75 --> + 1099	14:04
	ooops
	Covered all ES Short @ 1333.75 --> - 101
	anyways...suppose to be -1 point
	Long ES @ 1335.75 -> small size	14:05
	2 only
	correction	14:08
	Long ES @ 1235.75 -> small size
<+Bambam-77>	1243 could be pos trgt
<@NihabaAshi>	I see the error...typed 3 instead of 2 :)	14:09
	tighten trail	14:10
<+Bambam-77>	at time pivor here lets see if we break or hold for higher protect	14:11
	pivor is pivot
<@NihabaAshi>	tighten trail to profit	14:12
	Exited all ES Long @ 1236.25 --> + 0.5	14:13
	:(
<+szubaark>	pulls back just enough to shake out the chasers	14:16
<+Nesi>	oil almost under 100	14:18
<+Bambam-77>	1243 come on	14:21
<@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.
<+szubaark>	exit stop set ES @ 1235 «« paper »»	14:22
<+Bambam-77>	1500 hr is my projected time to trgt	14:24
	or sooner angle of assent is steep	14:25
* +Tintin	----[ shorts er @ 717.7 ]----	14:26
	----[ shorts es @ 129.25 ]----
	----[ shorts er @ 1239.25 ]----	14:27
<+Bambam-77>	er pos trgt is 723
* +Tintin	----[ covers es @ 1238.25 +1 ]----	14:29
	----[ covers er @ 717.2 +0.5 ]----
<+Bambam-77>	36 lvl has to hold for hi'er	14:33
<+szubaark>	Exited all Long ES at 1238.25 --> + 7 «« paper »»	14:35
<@NihabaAshi>	1237.50 weak support ES
	Shorts ES @ 1237.50 -> small size
	2 only
<+szubaark>	Shorts ES @ 1237.50 «« paper »»	14:37
<@NihabaAshi>	If volatility contracts more...	14:38
	I'm dumping this
<+szubaark>	i got small Profit Target on this Short	14:39
<@NihabaAshi>	volatility spike	14:41
<+szubaark>	yeah quickly retraced tp upside :(
<futurible>	Shorts ER2 @ 716.50 «« paper »»	14:42
<+Bambam-77>	addg to long35.25
<@NihabaAshi>	Covered all ES Short @ 1236.75 --> + 0.75
<+szubaark>	exit stop moved to breakeven ES @ 1237.50 «« paper »»
<@NihabaAshi>	lost my patience
<+szubaark>	Covered all Short ES at 1237.50 --> 0 «« paper »»	14:43
	Buys ES @ 1238 «« paper »»
<+Bambam-77>	t1 away
	t2 at +2.5	14:44
<+silo>	Long YM @ 11312
<+futurible>	Covered all ER2 Short @ 717.70 --> - 1.2 «« paper »»
<+szubaark>	Exited all Long ES at 1238.25 --> + 0.25 «« paper »»	14:45
<+Bambam-77>	come on give us 43
<+szubaark>	Shorts ES @ 1239 «« paper »»	14:46
	Covered all Short ES at 1240.50 --> - 1.5 «« paper »»	14:47
	Buys ES @ 1240.50 «« paper »»
	stupid Short
<+Bambam-77>	protect	14:49
	43 on dec
<+silo>	Exited all YM Long @ 11354 --> + 42
<+szubaark>	Exited all Long ES at 1242 --> + 1.5 «« paper »»	14:50
<+Bambam-77>	1239 stp
<+szubaark>	Shorts ES @ 1241 «« paper »»
<+Bambam-77>	flat	14:53
	i still looking for 1243 just flat now	14:54
<+szubaark>	ES 40 to 42 whipsaw up and down
<+Bambam-77>	have to play my rules
	time pivot at 14;54 hrs	14:56
<+szubaark>	i dont think ive seen as many whipsaws as today
<+Bambam-77>	pos rev time here
<+Nesi>	Shorts ER2 @ 716.80
<@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.
<+Bambam-77>	will nibble ss
	i am still on U contract fyi will change over tonight	14:57
<+rickf>	been a while
<+szubaark>	moving Stop
	exit stop moved to breakeven ES @ 1241 «« paper »»	14:58
<+Bambam-77>	time pivot in effect based on topping patern	15:00
	1235 key if longs are to work to 43 otherwise protect shrt profits on multiple contracts	15:01
<+Nesi>	Covered all ER2 Short @ 716.30 --> - 1.3	15:03
<+Bambam-77>	we in limbo here new hi or break 35
	gann a strong price magnet protect	15:04
<+Nesi>	Shorts ER2 @ 716.20
<+szubaark>	Covered all Short ES at 1241 --> 0 «« paper »»
	Shorts ES @ 1239 «« paper »»
<+Bambam-77>	my saying is if it is not going down it must be going up	15:05
<+szubaark>	Covered all Short ES at 1242 --> - 3 «« paper »»
	Buys ES @ 1242 «« paper »»
<+Nesi>	Covered ER2 Short @ 717.20 --> - 1	15:06
	Reverse and Enter Long ER2 @ 717.20
<+szubaark>	damn tough action today
<+Nesi>	very
	probably my last trade
	three trades here today
<+rickf>	yep - have only had 2 points where i would have entered, but missed 'em due to phone calls
<+Bambam-77>	1243 come on
<+rickf>	trade-free so far
<+Nesi>	Exited all ER2 Long @ 717.30 --> + 0.1	15:07
<+szubaark>	Exited all Long ES at 1242 --> 0 «« paper »»	15:08
	Shorts ES @ 1241.50 «« paper »»
<+Bambam-77>	b 41	15:09
	small
	39.75 stp
<+silo>	Shorts YM @ 11346	15:12
<+Bambam-77>	flat -1.25	15:14
<+silo>	Covered all YM Short @ 11320 --> + 26	15:15
	profit target reached
<+rickf>	vn
<+futurible>	VN SILO
<+silo>	thanks	15:16
<+Bambam-77>	wtg
<+silo>	exited quickly on this one 'cuz we were still in an uptren
	uptrend
	so just want to be quick
<+Bambam-77>	b 36.75
	1338.5 t1	15:17
	flat 37	15:18
<+rickf>	short es 1234.75	15:19
<+szubaark>	moving Stop	15:20
	exit stop raised ES @ 1241 «« paper »»
<+Bambam-77>	b 34.5
	stp 33.25
	flat 34 -.5	15:23
	b 34.5
	t1 -1.25	15:24
	t1 +1.25 typo
<+szubaark>	Covered all Short ES at 1236.50 --> + 5 «« paper »»
	Buys ES @ 1235 «« paper »»	15:27
<+silo>	nice szu	15:28
<+szubaark>	we'll see
<+rickf>	exit es 1231.25 + 3.5	15:32
<+szubaark>	nice rick
<+futurible>	Long ER2 @ 711.00 «« paper »»
<+rickf>	thx szu -- took all day
<+Bambam-77>	b 1231.5 29.5stp
<+futurible>	Exited 1/2 ER2 Long @ 712.1 --> + 1.1 «« paper »»	15:33
<+rickf>	profits hit
<+Bambam-77>	t1 32.75
<+futurible>	Exited Remainder ER2 Long @ 711.80 --> + 0.8 «« paper »»
<+Bambam-77>	stp 32
<@NihabaAshi>	I'm done for the day...been doing personal stuff since 2:45pm est and I'm no longer in the mood to trade :)	15:38
<+szubaark>	lol
<@NihabaAshi>	I'm going outside to teach my kid how to ride his bike without the training wheels.	15:39
	Take care all and see all tomorrow
<+Bambam-77>	new hod by end of day pos
<+T-stop>	cya, tks
* NihabaAshi	is now known as NihabaAshi_away
<+Bambam-77>	vol has been light on these pull back	15:43
<+szubaark>	i could use the points on a new high of day	15:44
<+Bambam-77>	patients grass hopper soon come
	1243 come on	15:45
	large add at 39	15:49
	43 trgt
	t1 1241	15:50
<@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
<+rickf>	long es 40.75	15:51
<+Bambam-77>	1 lot left
	41.5 stp	15:52
<+szubaark>	nice Bambam
<+rickf>	exit es 43.75 + 3
<+Bambam-77>	i have seen this way to offen i my 7 yrs of trading
	1252 is next	15:53
<+szubaark>	not much time left
<+Bambam-77>	22.5 degrees
	if not today pos tomorrow just protect what on table	15:54
	vol is picking up
	move supported so far
<+silo>	nice
	good job guys
<+rickf>	wtg
<+szubaark>	should get nice spike to upside after hits Yersturday highs
<+silo>	looks like most of us recovered :)
<+rickf>	hope so!	15:55
<+szubaark>	above 1245 should be nice spike
<+silo>	i was like 110 bucks close to target ... then i went negative
	but reached target for the day
	good job everyone
<+rickf>	you too silo, szu, bambam, all
<+Bambam-77>	i problem i get stubern about my trgts but i have to trust instinc	15:56
<+rickf>	i am forcing myself to leave my target orders there and not keep moving them
<+szubaark>	Exited all Long ES at 1247.50 --> + 12.5 «« paper »»
	:)
<+rickf>	NICE
<+szubaark>	think Im Positive for day after a TERRIBLE trading	15:57
<+Bambam-77>	yes surprises are nice just have stp in place for last lot and let it ride
<+szubaark>	man, i got to quit getting caught in those Chop congestion Zones
	thnx
<+Bambam-77>	1252 come on
<+rickf>	not chasing :)	15:58
	you'll get it BB
	*flaps his arms to give the ES some lift to raise it*	15:59
	you get filled, bambam?	16:00
<+Bambam-77>	1252 yes	16:02
<+rickf>	ok, you owe me :)
<+Bambam-77>	1261 is next lvl if interested
<+rickf>	ok all - good trading, see you tomorrow	16:05
<+werner>	gn all	16:06
* +Tintin	: bye all	16:23
<@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. Session Close: Thu Sep 11 21:01:15 2008	20:33
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	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)

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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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