#FuturesTrades September 19th Wednesday 2007 Trade Log

Trading via WRB Analysis: The key WRB price action involved a White Hammer line and the price action occurred between 1408pm - 1414pm est.

However, it was one of those difficult trading days due to the price action producing small profits after entry.

Some traders prefer to use words in describing this type of price action via words like noise, chop, tight range et cetera.

Regardless to its definition, there were opportunities to reach my trading goals for the day and I failed to exploit those opportunities via what I understand about WRB Analysis.

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.
	Session Start: Wed Sep 19 09:13:46 2007Session 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
<intowin>	today may be your trend day NIha	09:19
<Brutus>	do u have a bias IT?
<intowin>	same as everyone elses... just a matter of where to enter	09:20
<Brutus>	k
<pat255>	looks like in	09:21
	S this mkt is dangerous
<intowin>	agree
<PapaJon>	gm all	09:23
* subq	market profile charts for today	09:27
	http://www.charthub.com/images/2007/09/1 9/er2_rth_mp.png
	http://www.charthub.com/images/2007/09/1 9/es_rth_mp.png	09:28
	http://www.charthub.com/images/2007/09/1 9/nq_rth_mp.png
	http://www.charthub.com/images/2007/09/1 9/ym_rth_mp.png
<NihabaAshi>	My hats off to those that continue kicking some butt after I had to stop trading yesterday...	09:35
	Profits like that don't come often...gotta grab it when its there.
<intowin>	definatly a good day
<NihabaAshi>	Shorts ER2 @ 821.60 -> small size	09:37
	3 only
<eminitrader>	Shorts ES @ 1543.25
	10 lot
<NihabaAshi>	Covered all ER2 Short @ 821.30 --> + 0.3	09:40
	I was just getting a message post ready to say...Dark Hammer Line - be careful :)	09:41
	Shorts ER2 @ 822.70 -> small size	09:43
	2 only
	high risk intuition trade	09:44
	Covered ER2 Short @ 823.90 --> - 1.2	09:45
	Reverse and Enter Long ER2 @ 823.90
<szubaark>	Buys ES @ 1545.50 «« paper »»
<NihabaAshi>	Oil now giving some support to this price rise.	09:46
<eminitrader>	Shorts ES @ 1546 -> Add
<szubaark>	Exited all Long ES at 1545.50 --> 0 «« paper »»	09:47
<eminitrader>	10 more
<NihabaAshi>	Exited all ER2 Long @ 824.90 --> + 1	09:48
<szubaark>	Shorts ES @ 1546.25 «« paper »»	09:49
<NihabaAshi>	Long ER2 @ 825.60 -> small size	09:51
	1 only
<szubaark>	exit stop set ES @ 1547.25 «« paper »»
<intowin>	guess we dont fill this gap today lol
<NihabaAshi>	The day isn't over just yet :)	09:52
	Could still happen
<X>	#FuturesTrades Info -> Chat room for traders and intermarket analysis of Emini Futures (EMD, 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, XLE, QQQQ, SPY)
<intowin>	I think it will be a trend day up
<szubaark>	Covered all Short ES at 1547,25 --> - 0.75 «« paper »»	09:54
	Buys ES @ 1547.25 «« paper »»
<NihabaAshi>	Geeesh...that was a quick few ticks hit at 826.00 :(
	Exited ER2 Long @ 824.10 --> - 1.5	09:55
	Shorts ER2 @ 824.50 -> medium size	09:57
<szubaark>	Exited all Long ES at 1545.25 --> - 2 «« paper »»	09:59
<NihabaAshi>	jumpy prices :(
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.
	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)
<szubaark>	Shorts ES @ 1545.25 «« paper »»
	yeah, and not going anywhere.. just whacking my Stops around :(
<NihabaAshi>	Covered all ER2 Short @ 824.20 --> + 0.3	10:00
	too jumpy for me
	Shorts ER2 @ 823.40 -> medium size	10:03
	I got some support from Oil and Gold on this short but the jumpy prices has me a little worried.	10:05
	Covered 2/3 ER2 Short @ 823.00 --> + 0.4	10:07
	Covered Remainder ER2 Short @ 823.20 --> + 0.2	10:08
	Shorts ER2 @ 823.30 -> small size	10:22
	:(
	family distractions	10:23
	Covered all ER2 Short @ 823.70 --> - 0.4	10:24
	Be back later...will also use this a mental break from trading	10:25
* NihabaAshi	is now known as NihabaAshi_away
<szubaark>	Covered all Short ES at 1547 --> - 1.75 «« paper »»
	Buys ES @ 1547 «« paper »»	10:26
<Brutus>	1030/1430 Sep 14 US Energy Dept Oil Inventories	10:29
	Crude Oil Stocks (in barrels) -7.1M
	Gasoline Stocks (in barrels) -700K
	Distillate Stocks (in barrels) +1.8M
	09/19/2007 10:32 *DJ OIL FUTURES: Nymex Crude Hits New Record $82.51, Up $1	10:32
* NihabaAshi_away	is now known as NihabaAshi	10:39
<szubaark>	Exited all Long ES at 1544.75 --> - 2.25 «« paper »»
	Shorts ES @ 1544.75 «« paper »»
<NihabaAshi>	Shorts ER2 @ 823.10 -> medium size	10:40
	tough price area here because it is a support area
<szubaark>	In a Hole right now.............
<Brutus>	Markets just chopping in this congestion zone, play the chop :)	10:41
<NihabaAshi>	Dark Hammer Line in Oil 3min chart...be careful	10:42
<Brutus>	losts of 5k bids/ask spoofs	10:43
<NihabaAshi>	Shorts ER2 @ 823.80 -> Add	10:45
	Covered 1/2 ER2 Short @ 823.60 --> + 0.2	10:48
	losing my patience
<intowin>	get the paddles market is in defib	10:49
<NihabaAshi>	Oil rising and Gold trying to follow
	Shorts ER2 @ 823.80 -> Add	10:51
<eminitrader>	looks like that co-relation is not working with the ES now niha :(
<pat255>	hmmm with ym? em	10:52
<eminitrader>	SP heavy res @ 1532...
	thats why i am holding my shorts
<NihabaAshi>	jumpy prices again :(
<pat255>	em res @1532?
	we are way past it ..	10:53
<eminitrader>	SP pat not ES
<pat255>	k thks em sorry
<eminitrader>	will exit if it breks 1535	10:54
<szubaark>	Covered all Short ES at 1447.50 --> + 97.25 «« paper »»
<NihabaAshi>	Covered 1/2 ER2 Short @ 824.60 --> - 0.8
<szubaark>	Covered all Short ES at 1547.50 --> - 2.75 «« paper »»
	Buys ES @ 1547.50 «« paper »»
<NihabaAshi>	Covered Remainder ER2 Short @ 824.90 --> - 1.8	10:55
	Long ER2 @ 825.30 -> large size	10:57
	déjà vu
<szubaark>	Gold and Oil rising now?
<NihabaAshi>	sorry...wrong chat window	10:58
	Exited all ER2 Long @ 826.00 --> + 0.7	11:00
	Shorts ER2 @ 826.50 -> large size	11:01
<eminitrader>	be back..stops in	11:06
<NihabaAshi>	Covered all ER2 Short @ 826.40 --> + 0.1	11:12
	tough price action :(
<pat255>	not easy with S...
	may be next week..	11:13
<NihabaAshi>	Long ER2 @ 827.80 -> large size	11:15
<intowin>	Long ES @ 1549.75	11:16
<NihabaAshi>	Exited all ER2 Long @ 828.10 --> + 0.3
<intowin>	waited for a small pull back that never came...	11:17
	creep on es creep on
<NihabaAshi>	Price action changed after my entry (started looking exhausted).
	If I'm wrong...I'll gladly jump on a Long again :)	11:18
	Long ER2 @ 828.60 -> small size
<intowin>	stops r in for me will check back later
<eminitrader>	Shorts ES @ 1552 -> Add	11:19
	10 lot
<NihabaAshi>	Exited all ER2 Long @ 829.80 --> + 1.2	11:20
	incorrect
	Exited all ER2 Long @ 828.80 --> + 0.2
<eminitrader>	holding 30 short avg price 1546
<szubaark>	gulp... :)	11:21
<asuni>	torno verso le 19
	sorry, wrong window
<Pepe>	eminitrader, you have iron psychology
<pat255>	hope it works em ..	11:22
	this mkt is unbelivable
	tried 3 S al stopped today
<Tim_a>	bernanke's action yesterday was unbelievable
<eminitrader>	waiting for mrkt to form a divergence ...will fall back substantially..once that happens..
	looks like its developing	11:23
<Tim_a>	have never, ever seen fed 'shock cit' at market top
	cut
<pat255>	bernake was strong armed by the banks etc
<Tim_a>	totally irresponsible to shock cut at the top	11:24
<NihabaAshi>	volatility dropping fast
<cmr>	Niha, what do you use to measure volatility?	11:26
	Price action?
<szubaark>	.
<NihabaAshi>	cmr...just the price action of the intervals as the contract and expand	11:30
<pdays>	Shorts ER2 @ 828.8 «« paper »»
<NihabaAshi>	Simpy, I eye ball it :)\
	I helps me a lot via telling to be "prepare" to take a profit or reverse a position instead of being caught off guard when a volatility spike occurs.	11:31
	Shorts ER2 @ 828.10 -> small size	11:32
<pdays>	Covered 1/2 ER2 Short @ 827.8 --> + 1 «« paper »»
<NihabaAshi>	Shorts ER2 @ 827.90 -> Add
	Covered all ER2 Short @ 827.80 --> + 0.4	11:35
	be right back...visine time
* NihabaAshi	is now known as NihabaAshi_away
<szubaark>	exit stop moved to breakeven ES @ 1547.50 «« paper »»	11:36
	Exited all Long ES at 1547.50 --> 0 «« paper »»
	had +5 Points didnt take it :((
	Traget was 15502.50 missed it by 2 TICKS!!	11:37
	1502.50
<pdays>	Covered Remainder ER2 Short @ 826.8 --> + 2 «« paper »»
<szubaark>	Shorts ES @ 1546.50 «« paper »»	11:38
	lets see if i can get out of the Big Hole im in right now...
<pat255>	vn em...he wont let go the S..	11:39
<eminitrader>	Covered 2/3 ES Short @ 1546 --> + 6	11:41
	no thats not right
	holding 10
<Brutus>	nice 1 e
<eminitrader>	no guys thats not a profit..
	basicalyy just made my commish..:(
<pat255>	vvn job em ..still had the balls to hold it ..	11:42
<eminitrader>	avg price was 1545.82.25 to be precise
* NihabaAshi_away	is now known as NihabaAshi	11:43
<eminitrader>	no its 1546.125
<Tim_a>	what put you in so big?
<eminitrader>	knew it was coming ...initial entry eas just a bit too early	11:44
<Tim_a>	exhaustion of ben's fuel at resistence?
<eminitrader>	well knew in the sense...it was a high probability downmove
<pat255>	just need ed patience & beieelf	11:45
	belief..
<eminitrader>	basically i was wagering against yests gain ...had a good one yest..normally i wld be trading so aggresively
	not be	11:46
<Brutus>	normally you take the day off :)
<eminitrader>	very true B..
	:)
	or trade small size..	11:47
<Brutus>	now I see why :)
<eminitrader>	still see a substantial down move...
	may not happen today ...but its in store
<Tim_a>	solid up move for one month	11:48
<NihabaAshi>	weak support and volatility is dropping
<Tim_a>	some people have to be thinking 'second chance to get out at the top'	11:50
<eminitrader>	Covered Remainder ES Short @ 1545 --> - 1.75
	ok thats gives me around 1100 bucks for all i went thru this am..:)	11:51
<pat255>	not bad plus at the end ..
<eminitrader>	bad one when it comes to R:R	11:52
<pat255>	yes true if look at that w ay ..
<NihabaAshi>	Shorts ER2 @ 825.60 -> medium size
	volatility spike again but it looks weak
<eminitrader>	Long ES @ 1544.75	11:53
	2 lot for the rest of the day :)
<szubaark>	Covered 1/2 Short ES at 1544.50 --> + 2 «« paper »»
	exit stop moved to breakeven ES @ 1546.50 «« paper »»
<pat255>	trying to recover the loss this am ...	11:55
<eminitrader>	gotto make asome sort of a pullback ...before it stars heading down again ...that is if it wants to go lower
<pat255>	em i gotta hand it to u..
<NihabaAshi>	Gold keeping me from a profit on this trade :(
<X>	#FuturesTrades Info -> Chat room for traders and intermarket analysis of Emini Futures (EMD, 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, XLE, QQQQ, SPY)
<NihabaAshi>	Covered all ER2 Short @ 826.20 --> - 0.6	11:56
<szubaark>	Covered all Short ES at 1546.25 --> + 0.25 «« paper »»
<eminitrader>	Exited ES Long @ 1545.75 --> + 1	11:58
	Reverse and Enter Short ES @ 1545.75
	Covered all ES Short @ 1546.25 --> - 0.5	11:59
<szubaark>	Buys ES @ 1546.25 «« paper »»
<NihabaAshi>	Long ER2 @ 826.00 -> large size
<eminitrader>	Shorts ES @ 1545.75	12:00
<NihabaAshi>	Soon volatility will be dead for awhile...
	This may be my last chance for a large position until the afternoon trading session.	12:01
	Oil pushing down hard
	Gold is flat
<eminitrader>	Covered all ES Short @ 1545.75 --> 0	12:03
<NihabaAshi>	emini...you just read my mind
<eminitrader>	1 :))
<szubaark>	wait.. Volatility spike is coming up	12:04
<eminitrader>	still see more down then up
<NihabaAshi>	Exited all ER2 Long @ 825.90 --> - 0.1	12:07
	punks
<szubaark>	c'mon 1 more tick	12:08
<eminitrader>	:)
<szubaark>	this feels like retail fighting for ticks...	12:10
	Exited 1/2 Long ES at 1546.50 --> + 0.25 «« paper »»	12:11
	Exited all Long ES at 1546.25 --> 0 «« paper »»
	not worth touching this crap here..
* szubaark	is now known as szubaark_away
<eminitrader>	Shorts ES @ 1545.75	12:12
	10 lot
<NihabaAshi>	Long ER2 @ 825.50 -> large size
	jumpy prices...gotta keep your fingers cross that you'll get a fill in good price action versus poor price action.	12:13
<intowin>	came back to a stop out...	12:14
	Exited all ES Long @ 1548 --> - 1.75
<Tim_a>	ed has 44-47 as chop range
	es
<NihabaAshi>	Monday or Tuesday was my trend day calculation...	12:15
	Hopefully Thurs and Fri won't be like today.
	I just lost my patience again...very easy to do on a day like today.	12:16
<eminitrader>	looks like time to get out ..	12:17
	see u all in the pm
	Covered all ES Short @ 1545.75 --> 0
<NihabaAshi>	Exited all ER2 Long @ 826.20 --> + 0.7	12:19
	be back later...tough trading day so far.
* NihabaAshi	is now known as NihabaAshi_lunch	12:20
<intowin>	Long ES @ 825.50	12:58
	exit stop set ES @ 824.50	12:59
	er
	Exited all ES Long @ 825 --> - 0.5	13:01
	third one is usually the charm : )	13:02
	got two out of the way
* sep34	is now known as sep34_away	13:16
<intowin>	Long ES @ 1543.50	13:46
	one last shot here we'll see	13:47
* NihabaAshi_lunch	is now known as NihabaAshi	13:59
<X>	#FuturesTrades Info -> Chat room for traders and intermarket analysis of Emini Futures (EMD, 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, XLE, QQQQ, SPY)	14:01
<intowin>	Long ES @ 1540.25	14:05
	add
<NihabaAshi>	Shorts ER2 @ 821.50 -> medium size	14:09
	:(	14:12
<intowin>	I should be the one with the : ( Niha	14:13
<Tim_a>	setting up for vol spike?	14:15
<ItalianSharp>	anyone lost YM data???	14:16
<Brutus>	y
<Pepe>	I lost ER2 data
<ItalianSharp>	this is total BS
<Pepe>	and EMD
<Tim_a>	i've got ym data on interactivebrokers
	er2, es also	14:17
<NihabaAshi>	Geeeesh...their fighting for every tick :(
<Tim_a>	er2 paused at gap	14:18
<intowin>	Exited all ES Long @ 1436.75 --> - 103.5
	Exited all ES Long @ 1536.75 --> - 3.5
	feels like 103.5	14:19
<Pepe>	:)
<NihabaAshi>	Covered 3/4 ER2 Short @ 819.70 --> + 1.8
	Dark Hammer Line trying to form :(
	3min chart
<ItalianSharp>	amazing how YM glitches once a month	14:20
	total bull...hit
<Tim_a>	wow, i was wrong ym data is stopped
<Pepe>	I have back ma data	14:21
<ItalianSharp>	pepe...i dont...:)	14:22
	:((
	whats the price of YM now???
<Pepe>	YM 1390
<ItalianSharp>	that's the same price i have right now...but its the old one	14:23
<Pepe>	but this is curious
<Tim_a>	ym data was bad less than a month ago too grrrrr
<ItalianSharp>	this utter bullshit	14:24
	i cant believe it crashes when mkts are falling
	its not a coincidence
<Tim_a>	big action last time it stalled too
<Pepe>	yes
<Tim_a>	hedge with something else	14:26
<cmr>	Italian & Pepe: what is the policy of your brokers, if you have a pending order on YM?	14:27
<NihabaAshi>	Covered ER2 Short @ 821.40 --> + 0.1
	Reverse and Enter Long ER2 @ 821.40
<intowin>	options expiration week should provide some good swings next couple days	14:28
<Tim_a>	on interactivebrokers, my experience was that if it didnt execute prior to the stall, it would execute whereever it was upon restart	14:29
<intowin>	what about if your in.. r u stuck?	14:30
	even with a stop
<Pepe>	I have two providers data. Interactive brokers data Free and buy data genesis
<Tim_a>	hedge with something else, DIA, ES etc	14:32
<ItalianSharp>	i hedged with NQ
	only problem is: what about those bracket orders i had on???	14:33
<NihabaAshi>	Exited ER2 Long @ 822.00 --> + 0.6
<intowin>	Long ES @ 1539.50
	I still think we get eod bounce
	definatly last try
<codehead>	ecbot down	14:34
<Pepe>	i hedged with NQ	14:36
	I use MARKET order now. No Limit order	14:37
<ItalianSharp>	i never used stops nor bracket orders in my life...i decided to do that because you just never know...and this is what you getting for being disciplined...	14:38
	i hope my orders won't be triggered
<Pepe>	Now I have problem with data. :(
<NihabaAshi>	My YM data is still down.	14:41
<Pepe>	:(	14:42
	my YM data is down too
<ItalianSharp>	hopefully YM will be back up before the close	14:43
<Pepe>	I hate data problem :(	14:44
	anybody have problem with VOLUME data on ER2 and NQ?	14:45
<Brutus>	no p	14:46
<Pepe>	ok, thanks
<Brutus>	on esignal	14:47
<Pepe>	ok
<NihabaAshi>	My last activity for YM on my charts is 14:15:12 but my broker activity shows 14:17:02
<Pepe>	:(
<ItalianSharp>	i am wondering what happens in case YM doesnt come back by the close
<NihabaAshi>	CBOT problem???
<ItalianSharp>	all traders gonna be stuck in their trades thru overnite=??=?
	CBOT crashed niha...nothing new anyways	14:48
<NihabaAshi>	:(
<ItalianSharp>	this gotta be the 4th-5th time this year
<Brutus>	09/19/2007 14:31 *DJ OIL FUTURES:Nymex Crude Hits New Record Close $81.99, Up 48c
<ItalianSharp>	and 2nd time in a matter of 2 months
<NihabaAshi>	Yeah...CBOT has had some major problems more than any other exchange.
<Tim_a>	unacceptable	14:49
<werner>	indd
* sep34_away	is now known as sep34	14:50
<NihabaAshi>	I hate when the CBOT has problems because the volatility drops in the other exchanges...	14:52
	Not sure why but maybe its because traders on the other exchanges have a little fear because they don't know what's really going on.	14:53
<Tim_a>	i hedged pronto on ES	14:54
<NihabaAshi>	All you YM traders...on the count of 3...we all go Long in ER2...
	1, 2, 3...
<Tim_a>	anyone who didnt really ate it	14:55
<NihabaAshi>	Hmmm
	Long ER2 @ 822.70 -> small size	14:56
	Ok...I'm in with 3 contracts :)	14:57
<Pepe>	:)
<NihabaAshi>	Grab whatever profit you can get
<Pepe>	I am cureful, only 1 contract NQ
	this data problem shake me out
<NihabaAshi>	I'm just joking about going Long at the same time :)	14:58
<Pepe>	:)
<BERN>	To ECBOT traders:	14:59
	Wed Sep 19 14:56:24 2007 EST
	All trading on ECBOT is currently halted due to system
	failure. Further details will be posted as they become
	available.
<NihabaAshi>	oh oh	15:00
	volatility dropping fast
<rainer>	Shorts ER2 @ 821.50
<Pepe>	:((((	15:01
<NihabaAshi>	ItalianSharp...you stuck in a YM Long or Short ?	15:06
<rainer>	Covered all ER2 Short @ 822.40 --> - 0.9
<ItalianSharp>	short from 13926
	i bought 1 contract in NQ so if my bracket orders dont get triggered, i should be ok i think
<Tim_a>	i'm in short from ym 13110, but hedged at probably 13890 with es	15:07
<ItalianSharp>	i hope they can fix YM by the close
WRB Analysis	Learn More
<NihabaAshi>	ok thanks	15:08
	Exited 1/3 ER2 Long @ 823.00 --> + 0.3	15:09
	Exited 1/3 ER2 Long @ 823.10 --> + 0.4
	Exited Remainder ER2 Long @ 823.00 --> + 0.3	15:12
<intowin>	Exited 1/2 ES Long @ 1544.50 --> + 5	15:15
<Brutus>	good one to end the day	15:16
<Pepe>	I am exit too from NQ :) ...now
	nice
<intowin>	got half still small amount of red on my money thanks though
<ItalianSharp>	my brokers platform is showing last trade for YM executed at 15.12 at 13835	15:17
	that gotta be in the pit
	i hope i wont find some freaky surprise once YM comes back up
* sep34	is now known as sep34_away	15:24
<NihabaAshi>	Bond traders must be ready to kill someone.	15:28
<Tim_a>	thank goodness the market went up, as es is larger than ym
	dow revered almost exactly when ym went fown, vicious	15:30
	reversed
<NihabaAshi>	I hope this isn't a sign that YM will have more problems untl early January when it moves
	I may dabble in YM next year after it completes its move.	15:33
<ItalianSharp>	i think you are right niha...
	probably YM no longer invests into the maintenance people
	it's been well over 1hr since it went down...and i am still stuck	15:34
<NihabaAshi>	:(
<ItalianSharp>	well...all the past times it went down i dogded those bullets...i was due for some anal probe today	15:35
<NihabaAshi>	From a "intermarket analysis"...a lot of traders in other trading instrument utilize the YM info to help with their trades.	15:36
	Thus, when YM goes down it does affect others.
	I've been monitoring the exchange traded fund DIA since YM went to sleep.	15:37
<ItalianSharp>	niha...what if YM cant make it by the close? shall i hold my hedge overnite?	15:40
<NihabaAshi>	Not sure...	15:41
	I've only been in a situation like that once and I lost.
<Tim_a>	i'm holding mine IS
<NihabaAshi>	Mainly due to the fact I got hedged "too late".
	Long ER2 @ 824.20 -> small size	15:42
<ItalianSharp>	tim, same here
<NihabaAshi>	3 only
<Tim_a>	but i did hedge pretty quick, learned my lesson last time
<ItalianSharp>	yep, i hedged fast too	15:43
<NihabaAshi>	ER2 lost the volatility as soon as I entered.	15:44
	Hopefully it can dig deep to find some momentum back up.
	Oil not helping at all nor Gold.	15:45
<intowin>	dow back up
	I thought	15:46
<ItalianSharp>	:((
<intowin>	chart not moving again
<ItalianSharp>	what made you think that???
<intowin>	I had a few seconds of feed
	but is seems to be the old price	15:47
<NihabaAshi>	Exited all ER2 Long @ 823.60 --> - 0.6	15:48
	Shorts ER2 @ 823.10 -> large size
<ItalianSharp>	looks like they are taking all other eminis to the pre-crash level
<intowin>	Exited all ES Long @ 1540 --> + 0.5	15:49
	sorry little late was side tract
<NihabaAshi>	my reaction with the clues from other markets was psss poor on that Short	15:50
	Should'uv just reversed at 823.60 instead of trying to get fancy	15:51
<ItalianSharp>	just got news that YM will resume at 4.05 pm	15:53
	hopefully
<NihabaAshi>	Covered all ER2 Short @ 822.80 --> + 0.3	15:54
	:(
<Tim_a>	time zone?
<NihabaAshi>	getting too close to 4pm est
<ItalianSharp>	et
	10mins from now
<NihabaAshi>	With YM down...I don't want to be in a trade at 4pm est because some weird stuff may happen	15:55
<intowin>	small red for me today try agian tommorow
<ItalianSharp>	i am sure lots of people are going to close theri positions...	15:56
	there is gonna be some wild jumps
<Tim_a>	i'd guess an es down spike
	problem is, you dont want to dump it early then have them be late opening	15:57
<Brutus>	============ U.S. MARKETS ACTION ===========	16:02
	DJIA up 60.40 points to 13799.79
	NASDAQ up 11.23 points to 2662.89
	S&P 500 up 6.44 points to 1526.22
	10-year T-note down 12/32 at 101 25/32 yield 4.522
	NYMEX Spot Crude up $0.42 at $81.93/bbl at close
	Dollar/Euro down 0.0111 at 2.00218
<NihabaAshi>	Long ER2 @ 824.00 -> small size
<werner>	gn all
<Brutus>	http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={ed3f3 c07-203a-47e1-b61e-350c50958645}
<NihabaAshi>	3 only
	:(	16:04
<Pepe>	today I have difference data between Genesis and Interactivebrokers	16:06
<Tim_a>	hah! out, flat & unheged, $555 today, ok for disaster management
<Pepe>	very different
<ItalianSharp>	flat too...made some cash with NQ thanks to my hedge
<NihabaAshi>	Exited all ER2 Long @ 824.50 --> + 0.5	16:07
<X>	#FuturesTrades Info -> Chat room for traders and intermarket analysis of Emini Futures (EMD, 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, XLE, QQQQ, SPY)
<ItalianSharp>	overall, it was still a nice profitable day although i could have easily made some good trades had I not been stuck with the hedge...:((	16:08
<NihabaAshi>	:(
	Agree
<ItalianSharp>	i missed out on some nice volatility
	anyways, my main concern was the glitch
<codehead>	YM didn't move much between going down and re-open
<Tim_a>	any day you get out positive on a system down day is a gift
<ItalianSharp>	codehead: if you notice, mkt makers took all other eminis within YM pre-glitch area	16:09
<codehead>	yes, noticed
<NihabaAshi>	Shorts ER2 @ 824.20 -> small size	16:10
	1 only just in case I get stuck with all the bad luck today
	Covered ER2 Short @ 824.50 --> - 0.3	16:14
<ItalianSharp>	good nite all...it's a been stressful day for me due to the CBOT glitch...need some rest	16:15
<NihabaAshi>	should'uv stayed in that Long to see if it would have open up at 4:30pm around 825.00
	Take care all...it was a tough trading day but profitable.	16:19
	However, in hindsight, I should'uv stayed in bed :)
<Brutus>	cu	16:20
<NihabaAshi>	Will hang around a little longer to see how YM opens/if it opens	16:23
<Pepe>	gn all	16:30
<ItalianSharp>	niha....YM already opened	16:32
	it opened at 4.05pm	16:33
<NihabaAshi>	Yes...I didn't realize I needed to change servers	16:38
	See all tomorrow...I got to go to a birthday party tonight (with relatives for the spouse birthday).	16:41
	Then there's another birthday party on Friday night with friends of the spouse.	16:42
* NihabaAshi	is now known as NihabaAshi_away
<Tim_a>	have a good evening nih
* DisconnectedSession	Close: Wed Sep 19 17:04:01 2007	17:04
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