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| Session Start: Thu Sep 27 09:29:26 2007Session Ident: #futurestrades |
* Now | talking in #futurestrades | 09:29 |
<X> | [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm |
<PapaJon> | gm all |
<Dmi76> | gm all | 09:30 |
<NihabaAshi> | Good morning all and I'm still strongly bearish. | 09:31 |
<werner> | gm niha ,all |
<pat255> | gm all |
<Dmi76> | Shorts ES @ 817.5 | 09:32 |
| Covered all ES Short @ 817.3 --> + 0.2 | 09:34 |
| sorry that was er2 | 09:36 |
<base> | GM all |
<NihabaAshi> | Shorts ER2 @ 817.80 -> medium size |
| Gold helping keep this up :( | 09:40 |
<Dmi76> | Shorts ER2 @ 817.6 | 09:41 |
<eminitrader> | Long ES @ 1541.75 |
<Dmi76> | Covered all ER2 Short @ 817.6 --> 0 | 09:42 |
<eminitrader> | Exited ES Long @ 1541.25 --> - 0.5 |
| Reverse and Enter Short ES @ 1541.25 |
<NihabaAshi> | Gold still holding up :( | 09:43 |
<les> | Long ER2 @ 817.4 «« paper »» | 09:45 |
<Bambam-77> | 1540 is my ss trigger on close below adding to long1541 stp 1539.75 |
<eminitrader> | pa says short until 43.50 is taken out on the ES | 09:46 |
<NihabaAshi> | Covered 3/4 ER2 Short @ 816.60 --> + 1.2 | 09:47 |
| Gold finally giving in and wants to join Oil in its price direction :( | 09:48 |
| Enough to keep me holding my remainder until Oil finds some stability. | 09:49 |
| Jumpy prices, most likely in pre-reaction to the pending 10am est economic report that's due. | 09:52 |
<ItalianSharp> | yep...very important report on NEW HOME SALES considering the housing slump we're in | 09:53 |
<NihabaAshi> | exit stop lowered ER2 @ 817.60 | 09:54 |
<eminitrader> | yep ..daily charts show a 50-50 probability of a move either way ...no specific bias |
<NihabaAshi> | Oild got some stability |
<eminitrader> | refering to the ES | 09:55 |
<NihabaAshi> | Covered Remainder ER2 Short @ 817.30 --> + 0.5 |
<eminitrader> | Shorts ES @ 1542.50 -> Add |
<Bambam-77> | protecting long first lot away +1.25 | 09:56 |
<Brutus> | 1000/1400 Aug Conference Board Help-Wanted Index |
| 25 |
| 1000/1400 Aug New Home Sales |
| Overall Sales 830K 870K |
| Percent Change -4.6% +2.8% |
<eminitrader> | Covered 1/2 ES Short @ 1541.25 --> + 1.25 | 09:57 |
| no thats b/e from original lot |
<les> | Exited all ER2 Long @ 816.4 --> - 1 «« paper »» | 09:58 |
<eminitrader> | Covered 1/2 ES Short @ 1539 --> + 2.25 | 09:59 |
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Trading
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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)
|
| |
<Bambam-77> | sar 40.50 |
<NihabaAshi> | Shorts ER2 @ 816.50 -> medium size | 10:00 |
<szubaark> | Jumpy Prices | 10:01 |
<eminitrader> | Shorts ES @ 1542 -> Add |
<NihabaAshi> | :( |
| Jumpy and I didn't expect that |
<Bambam-77> | flat |
<NihabaAshi> | I expected a strong continuation in any particular direction |
<eminitrader> | looks like down for now... | 10:02 |
<les> | Long ER2 @ 816.8 «« paper »» | 10:04 |
<eminitrader> | Covered 1/2 ES Short @ 1539 --> + 3 | 10:06 |
<Brutus> | nice trading E |
<eminitrader> | thx B | 10:07 |
<szubaark> | Buys ES @ 1540 «« paper »» |
<NihabaAshi> | Covered all ER2 Short @ 816.30 --> + 0.2 |
| :( |
| Geeesh |
| Dumped it as soon as I saw that problematic Dark Hammer Line forming. | 10:08 |
<eminitrader> | Shorts ES @ 1540.50 |
<szubaark> | Exited all Long ES at 1540 --> 0 «« paper »» |
<Dmi76> | crazy price action ))) | 10:09 |
<pat255> | hmm not really look @ em entries ..nice |
| L 39 paper .. | 10:10 |
<Bambam-77> | 1538.75 is uva support from yesterday | 10:11 |
<szubaark> | Buys ES @ 1539 «« paper »» |
<NihabaAshi> | Reminder: I'm expecting a trend day either today or tomorrow. |
* NEWS- | is now known as news` |
* Looking | up news` user info... |
<szubaark> | Exited 1/2 Long ES at 1540 --> + 1 «« paper »» |
| Exited all Long ES at 1539 --> 0 «« paper »» | 10:12 |
<pat255> | out 3 tciks paper |
<szubaark> | That was quick, geez |
<les> | Exited ER2 Long @ 816.2 --> - 0.6 «« paper »» |
| Reverse and Enter Short ER2 @ 816.2 «« paper »» |
<Bambam-77> | this area is key once we break 1537.25 poc | 10:13 |
<eminitrader> | Covered 1/2 ES Short @ 1538.50 --> + 2 |
<pat255> | vn |
<szubaark> | nice Shorts emini |
<eminitrader> | thx guys | 10:14 |
<szubaark> | Buys ES @ 1538.25 «« paper »» | 10:15 |
<les> | Shorts ER2 @ 815.6 -> Add «« paper »» |
<NihabaAshi> | A lot of fighting (jumpy price action) on very low volatility. | 10:16 |
| Something will break out soon (up or down). |
<szubaark> | Exited all Long ES at 1538.25 --> 0 «« paper »» |
<les> | Covered all ER2 Short @ 817.1 --> - 2.4 «« paper »» | 10:20 |
<NihabaAshi> | Long ER2 @ 817.90 -> small size | 10:22 |
| 1 only | 10:23 |
<les> | Long ER2 @ 817.9 «« paper »» | 10:24 |
<eminitrader> | Covered Remainder ES Short @ 1541 --> - 0.5 | 10:25 |
<NihabaAshi> | :( |
| Exited ER2 Long @ 818.30 --> + 0.4 |
<szubaark> | Shorts ES @ 1541.50 «« paper »» | 10:26 |
<eminitrader> | Shorts ES @ 1541 |
| was looking for 42.50 :( | 10:27 |
<szubaark> | that would be my Stop |
<eminitrader> | 43.50 was mine |
<szubaark> | exit stop set ES @ 1542.50 «« paper »» | 10:28 |
<eminitrader> | see a down day ..if 1543.25 holds |
<szubaark> | Covered 1/2 Short ES at 1540.50 --> + 1 «« paper »» | 10:29 |
| exit stop moved to breakeven ES @ 1541.50 «« paper »» |
* les | is now known as lesAway | 10:31 |
<eminitrader> | be back |
<ItalianSharp> | mkts real jumpy...tough to hold onto any position | 10:36 |
<szubaark> | Covered all Short ES at 1541.50 --> 0 «« paper »» | 10:37 |
| yes IS, entries have to be almost Perfect. |
<ItalianSharp> | agree. a late entry by 2-3 ticks may cost dearly |
| the huge volatility days are gone...we are back into the mud...:(( |
| volatility declining fast at current levels...lots of resistence here | 10:47 |
| for a moment i thought the nice pop to the upside could get us out of this range...i was wrong...:( |
<lesAway> | Long ER2 @ 816.4 -> Add «« paper »» | 10:49 |
<szubaark> | Buys ES @ 1541 «« paper »» | 10:51 |
| Exited 1/2 Long ES at 1541.50 --> + 0.5 «« paper »» | 10:56 |
| exit stop moved to breakeven ES @ 1541 «« paper »» |
| Exited all Long ES at 1541 --> 0 «« paper »» |
| impossible to get any remainders going as its so choppy |
<Tim_a> | i'm trying to develop my skill of the 'out' position, today seems a profitable day to start |
<bandr5> | do you guys trade er2 | 10:57 |
<Tim_a> | nih does |
<bandr5> | ok thanks | 10:58 |
<pat255> | S 42.5 | 10:59 |
| out +1 | 11:01 |
<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) | 11:02 |
<NihabaAshi> | ER2 so far not showing to much today :( | 11:03 |
| ER2 volatility is dropping fast... | 11:04 |
| I'm expecting a volatility spike here soon (up or down). |
<pat255> | just in a range now ... | 11:05 |
<NihabaAshi> | Long ER2 @ 817.20 -> small size | 11:06 |
| 2 only |
| I have a weird (rare) gap on my intraday chart between the last two intervals. | 11:07 |
| volatility too low to be data problems. |
| Price trying to go higher but it has reached a point (momentum increase) where I can call it a volatility spike. | 11:08 |
| As soon as it does...I'll dump my position. | 11:09 |
<Tim_a> | what time interval? |
<NihabaAshi> | 2min and 3min chart |
<Tim_a> | ok, i see it on 2 minute, i'm sure it was more startling seeing it real time | 11:10 |
<NihabaAshi> | Reminder: I won't be trading tomorrow due to the fact I'll be doing some major charting program upgrades during the trading day. | 11:11 |
<Tim_a> | 2 minute has been ping pong between 15 & 19 |
<NihabaAshi> | I prefer to do such like that during the trading day instead of at night to ensure everything is working ok. |
| ER2 volatility dropping some more. | 11:12 |
<eminime68> | ER2 volatility=$vix ???? | 11:13 |
<NihabaAshi> | No...ER2 price action itself. |
| As for the VIX...its range bound. |
| It's basically saying go back to bed :) | 11:14 |
<eminime68> | thanks |
<Tim_a> | there have been days that stying in bed would have paid well |
<NihabaAshi> | agree |
<eminitrader> | exit stop lowered ES @ 1543 | 11:15 |
<NihabaAshi> | Maybe the 1pm Bernanke speech will shake things up a little. | 11:17 |
<Tim_a> | dpx has july 22 close as resistence |
| spx |
| 4 points higher |
| bernanke suzzes around the market like a sweat bee | 11:18 |
<NihabaAshi> | ER2 volatility spike | 11:19 |
<eminitrader> | looks like it cant brek SP res @ 1530...lots of sellers here.. | 11:21 |
<NihabaAshi> | Exited ER2 Long @ 816.50 --> - 0.7 |
| Reverse and Enter Short ER2 @ 816.50 |
<eminitrader> | thinks its the 5th attemp this wk.. |
<NihabaAshi> | Covered 1/2 ER2 Short @ 815.00 --> + 1.5 | 11:23 |
<Tim_a> | it's 'bull or bear?' for the spx, a question that can only be answered at the previous high |
<NihabaAshi> | I got Oil and Gold still supporting my Short position to keep the remainder. | 11:24 |
| However, if they lose their downward momentum...I'll dump my remainder. |
| Covered Remainder ER2 Short @ 814.80 --> + 1.7 | 11:27 |
<pat255> | vn N.. |
<szubaark> | Buys ES @ 1537.75 «« paper »» |
<eminitrader> | Covered 1/2 ES Short @ 1538 --> + 3 |
<Tim_a> | nice, e, nih | 11:28 |
<eminitrader> | thx T |
<NihabaAshi> | I had a lot of help on that trade from many different key markets. |
<szubaark> | nice Shorts emini and niha |
<NihabaAshi> | Kepted me from getting nailed with a big loss on the losing Long position. |
<eminitrader> | thx szu |
<pat255> | hmm N cl & gold up tho.. | 11:29 |
| ym red | 11:30 |
<NihabaAshi> | Yeah...overal they are all up for the day |
| In comparison to the prior trading day close | 11:31 |
| weak support forming here for ER2 around that 815.00 price area |
<szubaark> | Exited 1/2 Long ES at 1538.75 --> + 1 «« paper »» | 11:35 |
| exit stop moved to breakeven ES @ 1537.75 «« paper »» |
| Exited all Long ES at 1540.25 --> + 2.5 «« paper »» | 12:04 |
<NihabaAshi> | As one of my kids recently said on a bike ride... | 12:12 |
| "Are we there yet". |
| :) |
| Slow market today |
<pat255> | gotta run to office now ...:( | 12:13 |
| yup right now dead .. |
<Brutus> | yep just counter trader every ER move :) |
<pat255> | hmmm how old is your kid? |
| look at cl move up down ..good | 12:15 |
| c u all later ty | 12:19 |
<NihabaAshi> | pat255...one is a toddler and the other one that talks too much is 4 years old :) |
<intowin> | in for lunch. gonna take a stab on the long side. | 12:33 |
| Long ES @ 1540 | 12:34 |
| 37 stop |
| check back at 3 |
* codehead_afk | is now known as codehead | 12:39 |
<NihabaAshi> | Long ER2 @ 817.50 -> small size | 13:04 |
| 3 only |
| It's going to be a tough 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) | 13:05 |
<NihabaAshi> | The jumpy price action seem to show up AFTER my entry :( |
| AT least Oil and Gold showed up after my entry to try to give me some support. | 13:07 |
| volatility still there where I need it to be. | 13:08 |
| Oil spiking and Bernanke is speaking now | 13:09 |
| volatility dropping nonw :( | 13:10 |
| volatility still declining | 13:16 |
| Exited all ER2 Long @ 816.80 --> - 0.7 | 13:20 |
<ItalianSharp> | bernanke not being able to move mkts | 13:23 |
| :(( |
<Tim_a> | like a pusher who's all out of dope | 13:24 |
<ItalianSharp> | lol |
| the more time we spend within this range...the bigger the breakout it's going to be |
<NihabaAshi> | volatility dropping further... | 13:25 |
<ItalianSharp> | that's the only positive thing of the last week or so of trading |
<NihabaAshi> | Geesh...not sure how low it can go. |
| If it goes any lower...there'll be no trades :) |
<ItalianSharp> | yep...a flat straight line | 13:26 |
| well...at least i've been training for christmas holidays trading...:) |
<GoodMood> | at what time will Bernake end his speech ? | 13:27 |
<ItalianSharp> | i hope soon because he made it even worse than what it was before he started speaking | 13:28 |
<NihabaAshi> | Dark Hammer Line | 13:36 |
| Maybe it will juice things up a bit. |
<Brutus> | YM at LOD | 13:40 |
<NihabaAshi> | We got a volatility spike that quickly lost its volatility in the following (current) interval. | 13:41 |
<Widgetman> | long YM | 13:42 |
| got 58 fill |
| I runnin a auto trading system so I will try to post fast when I am here |
| had to automate it to catch decent entrys |
<lesAway> | Exited all ER2 Long @ 817.9 --> + 1.5 «« paper »» | 13:43 |
| late post from earlier entry |
| done now |
* lesAway | is now known as les |
<NihabaAshi> | wigetman...how many trades per day on average does your system generate??? |
<Widgetman> | well | 13:44 |
| I been workin on this a while |
| use to generate a lot |
| now I am down to 10 a day most days |
| this is still work in progress |
| IB screws me about every 1/3 order sent with a no fill status |
| I still workin out some kinks |
| but trading 2 YM seems to do best with a 7 pt stop and 12+ tgt | 13:45 |
| I try to work the cycles |
| if I would intervene it would do better | 13:46 |
| a lotta times I get 5+ pips fast and get stopped out later |
| still workin on auto trail |
| the DLL interface I am coding with has issues a swell |
<bern> | tnotes and tbonds at intraday highs |
<Widgetman> | like now | 13:47 |
| was 5+ |
| got stopped -5 |
| still work in progress |
| my LT indicator just went long YM | 13:49 |
| 56 again |
| I work a ST chart system and a LT system |
<NihabaAshi> | Long ER2 @ 815.90 -> small size | 13:52 |
| 2 only | 13:53 |
| :( | 13:54 |
| Exited all ER2 Long @ 816.30 --> + 0.4 | 13:55 |
| Long ER2 @ 816.40 -> medium size | 13:56 |
<Widgetman> | system flat 11+ | 13:57 |
<NihabaAshi> | Exited all ER2 Long @ 816.60 --> + 0.2 | 14:04 |
| I lost my patience... |
| Long ER2 @ 817.60 -> medium size | 14:07 |
| Geeesh. |
| Exited 3/4 ER2 Long @ 818.00 --> + 0.4 | 14:13 |
<Widgetman> | that LT signal long at 56 20+ now |
| grrrrr |
<NihabaAshi> | Exited Remainder ER2 Long @ 817.70 --> + 0.1 | 14:14 |
<ItalianSharp> | i expect another spike upwards |
<NihabaAshi> | Right now I'm mentally not ready for another trade after losing my patience and taking another trade too soon... | 14:15 |
| Be back later...going to take a break to try and refocus. |
* NihabaAshi | is now known as NihabaAshi_away | 14:16 |
<NihabaAshi_away> | Shorts ER2 @ 818.20 -> small size | 14:33 |
* NihabaAshi_away | is now known as NihabaAshi |
<NihabaAshi> | Covered 1/2 ER2 Short @ 817.70 --> + 0.5 | 14:36 |
| ER2 price quote anyone ??? | 14:40 |
<GoodMood> | no problem here |
| 17.3 |
<NihabaAshi> | Thanks | 14:41 |
| I have some data problems again. |
| :( |
<Brutus> | 09/27/2007 14:39 HOT: Warren Buffett has not held talks over stake in Bear Stearns-BSC, CNBC reports - This is being reported by David Faber. | 14:42 |
<NihabaAshi> | Covered Remainder ER2 Short @ 817.80 --> + 0.4 |
| Taking another break. | 14:43 |
* NihabaAshi | is now known as NihabaAshi_away |
<Tim_a> | looking at ym 'out' was the eisiest position today | 14:48 |
<intowin> | i c we are exactly where we were three hours ago when I entered this trade. good grief. The market has really been stuck lately.. | 14:49 |
| Exited all ES Long @ 1540.50 --> + 0.5 | 14:50 |
| C u Guys Monday. Doing some diving tommorow |
<Tim_a> | i think there are some days that all they really do is pick off stops and reverse |
<Brutus> | CU have fun | 14:51 |
<szubaark_away> | Niha nice scalps. |
<Tim_a> | havent dived (dove)? in a while, it's fun |
<Brutus> | Yep, seems they are holding it here for the end of qtr- friday | 14:52 |
| Who knows what will happen in October, should be interesting | 14:53 |
| I expect Friday to be bullish ES may even gap over this resistance ON or on 0830 PCE news | 14:59 |
* NihabaAshi_away | is now known as NihabaAshi | 15:08 |
<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) | 15:11 |
<Brutus> | 09/27/2007 15:22 DJ OIL FUTURES: Nymex Crude Nears $83 On Weak Dollar, EIA Data | 15:23 |
<NihabaAshi> | Long ER2 @ 819.50 -> small size | 15:26 |
| very jumpy...already have seconds thoughts. |
<Brutus> | ES bounce of globex high | 15:27 |
<NihabaAshi> | Dark Hammer Line 3min chart...be careful | 15:30 |
| Exited ER2 Long @ 818.50 --> - 1 | 15:31 |
| Reverse and Enter Short ER2 @ 818.50 |
<pdays> | Shorts ER2 @ 818.7 | 15:35 |
| Covered all ER2 Short @ 818.3 --> + 0.4 | 15:36 |
<NihabaAshi> | Covered ER2 Short @ 818.50 --> 0 | 15:37 |
| scratch the trade because its in a 4 tick range :( | 15:38 |
<Widgetman> | YM foolin me on stops today | 15:41 |
| grrr |
<NihabaAshi> | Shorts ER2 @ 818.10 -> small size |
| 1 only |
| Too risky with all the jumpy prices to up my contract size. |
<Brutus> | Long ER2 @ 818 «« paper »» |
<rainer> | Shorts ER2 @ 819.10 | 15:42 |
| Covered all ER2 Short @ 818.30 --> + 0.8 | 15:43 |
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WRB Analysis
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<Brutus> | Exited ER2 Long @ 818.3 --> + 0.3 «« paper »» |
<rainer> | late posting |
<Brutus> | Shorts ER2 @ 818.5 «« paper »» |
| Covered ER2 Short @ 818.4 --> + 0.1 «« paper »» | 15:44 |
| Long ER2 @ 818.1 «« paper »» | 15:50 |
<NihabaAshi> | geeesh/// | 15:52 |
| :( |
| I can't be last in line. |
<Brutus> | Exited ER2 Long @ 818.6 --> + 0.5 «« paper »» | 15:53 |
<NihabaAshi> | Covered ER2 Short @ 818.80 --> - 0.7 | 15:54 |
| Reverse and Enter Long ER2 @ 818.80 |
| punks...no fill at 817.90 |
| Exited ER2 Long @ 819.20 --> + 0.4 | 15:57 |
| exited via market order after the bs of the prior trade. | 15:58 |
<Brutus> | ============ U.S. MARKETS ACTION =========== | 16:04 |
| DJIA up 28.94 points to 13906.84 |
| NASDAQ up 8.77 points to 2707.80 |
| S&P 500 up 5.02 points to 1530.38 |
| 10-year T-note up 82/32 at 101 13/32 yield 4.568 |
| NYMEX Spot Crude up $2.58 at $82.88/bbl at close |
| Dollar/Euro up 0.0013 at 1.4143 |
|
http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={865d7 950-dd6e-4a42-b569-1510471307b5} |
* sep34 | is now known as sep34_away | 16:10 |
<werner> | gn all | 16:41 |
<NihabaAshi> | Take care and see all tomorrow. | 16:55 |
* NihabaAshi | is now known as NihabaAshi_away | 16:56 |
* DisconnectedSession | Close: Thu Sep 27 16:56:18 2007 |
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