#FuturesTrades September 30th Tuesday 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: Tue Sep 30 08:25:25 2008Session Ident: #futurestrades
* Now	talking in #futurestrades	08:25
<@X>	[NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
<rickf>	gm	08:27
<+rickf>	bush speaking soon	08:33
	short es 42.25	08:49
	exit 7 es 1142 +2.25	08:53
	h3
	exit es 1139.50 +2.75	08:58
<ItalianSharp>	morning all	09:17
<ripsboy>	gm all...	09:22
<werner>	gm all
<kosmipt>	gm
<+rickf>	gm
<+werner>	hi rickf,kosmipt	09:23
<PapaJon>	gm all	09:25
<tzar>	gm	09:26
<Andy>	gm all
<drt>	gm	09:28
<+rickf>	short es 39.25	09:33
<silo>	Shorts YM @ 10576	09:34
<+rickf>	exit 7 es 1137 +2.25
	h3
	exit es 1137 +2.25
<newyorktrader>	gm all	09:35
<+silo>	Covered all YM Short @ 10576 --> 0
<sav>	Long NQ @ 1544.75	09:36
<+sav>	Exited 1/2 NQ Long @ 1545.75 --> + 1
	Exited Remainder NQ Long @ 1550.00 --> + 5.25	09:38
<+silo>	Shorts YM @ 10588	09:39
<Nesi>	Long ES @ 1140.25	09:40
<+silo>	Covered YM Short @ 10598 --> - 10
	Reverse and Enter Long YM @ 10598
<@NihabaAshi>	Shorts ES @ 1139.75 -> medium size	09:41
<+silo>	Exited all YM Long @ 10595 --> - 3	09:42
	wow tough area here
<+sav>	crazy stuff on nq
<@NihabaAshi>	4 only
	trailing stop @ profit	09:44
<+Nesi>	Exited all ES Long @ 1138.50 --> - 92.75	09:45
	that is wrong
<szubaark>	Shorts ES @ 1136.25 «« paper »»
<@NihabaAshi>	Covered all ES Short @ 1137.50 --> + 2.25
<+rickf>	nice niha
<+sav>	Long NQ @ 1539.25
<+rickf>	i own the trademark on the 2.25 profit target you know :)	09:46
<+sav>	Exited 1/2 NQ Long @ 1540.25 --> + 1
<@NihabaAshi>	Exited out of FEAR and not because of a profit target
<+sav>	Exited Remainder NQ Long @ 1542.00 --> + 2.75	09:47
<+rickf>	yah tight tape
<+sav>	risky trade but thought it would bounce
<+rickf>	short es 36.75
<@NihabaAshi>	Shorts ES @ 1136.25 -> small size	09:48
<newyorktrader>	Short ES 1135.75
<@NihabaAshi>	3 only
<+szubaark>	exit stop set ES @ 1138.75 «« paper »»
<+newyorktrader>	Out ES @ 1134.75 + 1	09:50
<+rickf>	exit 7 es 34.50 +2.25
	h3
<+szubaark>	Nice rick
<+rickf>	ty
<+newyorktrader>	n1 rick
<@NihabaAshi>	Covered all ES Short @ 1134.75 --> + 1.5	09:52
<+rickf>	exit es 35 +1.75
<+szubaark>	Covered all Short ES at 1136.25 --> 0 «« paper »»	09:53
<+rickf>	profits hit
<+szubaark>	Shorts ES @ 1132.75 «« paper »»	09:55
<@NihabaAshi>	Shorts ES @ 1132.50 -> medium size
<+sav>	Shorts NQ @ 1536.00
<@NihabaAshi>	4 only
<+sav>	Covered 1/2 NQ Short @ 1534.00 --> + 2
<@NihabaAshi>	bad entry
<+newyorktrader>	in and out YM - Short @ 10550 - Out @ 10545 + 5
<+sav>	Covered Remainder NQ Short @ 1536.00 --> 0	09:56
<@NihabaAshi>	4 only
<+sav>	correction covered 1/2 @ 1535.00 +1
<+rickf>	anyone know if the sec is going to renew the short sale ban this week?
<@NihabaAshi>	Covered all ES Short @ 1134.50 --> - 2	09:57
<@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.
<+newyorktrader>	just speculation at this point rick, nothing solid that I know of	09:58
<+rickf>	consumer confidence at 10
	what's the rumor? renew or expire? haven't heard anything
<+newyorktrader>	renew
<+szubaark>	exit stop set ES @ 1136.50 «« paper »»
<+newyorktrader>	is the rumor
<+silo>	Long YM @ 10566
<+newyorktrader>	possibly till election -- go figure
<+rickf>	lol
<+szubaark>	Covered all Short ES at 1136.50 --> - 3.75 «« paper »»	09:59
<@NihabaAshi>	Long ES @ 1135.25 -> small size
	2 only	10:00
<+T-stop>	consumer con 59.8
<+silo>	Exited all YM Long @ 10552 --> - 14
* Kalle	[ long ES @ 34.5 ]	10:01
<+szubaark>	Buys ES @ 1136 «« paper »»
<+silo>	Long YM @ 10571
* +Kalle	[ out ES @ 38.75 +4.25 ]
<+newyorktrader>	ES Long at 1139.75
* +Kalle	[ out ES @ 40.75 +6.25 ]	10:02
<@NihabaAshi>	Exited all ES Long @ 1140.00 --> + 4.75
<+newyorktrader>	Out ES at 1138.75 -1
<+szubaark>	tightening Stop	10:03
	exit stop moved to breakeven ES @ 1136 «« paper »»
<+rickf>	long es 1138.75	10:04
<+silo>	Exited 1/2 YM Long @ 10598 --> + 27
	exit stop set YM @ 10564	10:05
<+rickf>	out 7 at 1141 +2.25	10:06
	h3
<+sav>	Long NQ @ 1546.00
	Exited 1/2 NQ Long @ 1547.00 --> + 1
	Exited Remainder NQ Long @ 1545.00 --> - 1	10:07
<+rickf>	exit remainder 1141 +2.25
<+Nesi>	Long ES @ 1141.50
* +Kalle	[ out ES @ 42.75 +8.25 ]	10:08
<+szubaark>	Exited all Long ES at 1139.25 --> + 3.25 «« paper »»	10:10
<+Nesi>	Exited ES Long @ 1139.50 --> - 2
	Reverse and Enter Short ES @ 1139.50
* +Kalle	[ flat ES @ 40.75 +6.25 stopped ]
<+rickf>	nice
<+Nesi>	Covered all ES Short @ 1142.50 --> - 3
	Long ES @ 1145.00	10:14
<+sav>	Long NQ @ 1546.75
<+szubaark>	Buys ES @ 1148.25 «« paper »»	10:15
<+silo>	Exited Remainder YM Long @ 10640 --> + 69
<+sav>	Exited all NQ Long @ 1555.00 --> + 8.25	10:17
<+silo>	Shorts YM @ 10632
<@NihabaAshi>	Shorts ES @ 1147.25 -> small size	10:25
	3 only
<+silo>	Covered all YM Short @ 10633 --> - 1
<@NihabaAshi>	Covered all ES Short @ 1148.25 --> - 1	10:26
	Long ES @ 1148.00 -> small size
<+szubaark>	Contracting Volatility,expecting spike soon,hopefully to upside, Im Long
<+silo>	Shorts YM @ 10620	10:27
<winmax60>	good morning niha & everyone
<@NihabaAshi>	Exited ES Long @ 1146.50 --> - 1.5
	Reverse and Enter Short ES @ 1146.50
<+szubaark>	Exited all Long ES at 1145.75 --> - 2.5 «« paper »»
	Shorts ES @ 1145.75 «« paper »»
<@NihabaAshi>	reverse from a 1 contract Long into a 4 contract Short
<+silo>	just in time	10:28
<@NihabaAshi>	trailing stop @ profit	10:30
<+silo>	Covered all YM Short @ 11606 --> - 986	10:31
	weird
	out at 11606
	oh oops
	10606
	+15
<@NihabaAshi>	Covered all ES Short @ 1146.00 --> + 0.5
<+sav>	locking in this profit will paper trade from now on to practise	10:32
<+szubaark>	Covered all Short ES at 1145.75 --> 0 «« paper »»	10:33
<+silo>	Long YM @ 10623	10:34
<+rickf>	long es 1147.50
<+szubaark>	Buys ES @ 1149.25 «« paper »»	10:35
<+rickf>	out 7 49.75 +2.25	10:36
	h3
<+silo>	Exited 1/2 YM Long @ 10645 --> + 22
<@NihabaAshi>	Long ES @ 1147.75 -> small size	10:37
<+rickf>	out es 1148 +.50
<@NihabaAshi>	2 only	10:38
<+silo>	exit stop set YM @ 10623
<@NihabaAshi>	trailing stop @ profit
	Exited all ES Long @ 1148.50 --> + 0.75	10:40
	:(
	caught me raising my stop
<+newyorktrader>	isn't that the worst
<+silo>	Exited Remainder YM Long @ 10633 --> + 10
<estrader1>	short 47.25	10:41
<@NihabaAshi>	Anybody knows what time is the bailout RE-VOTE today is it is today ???
<+silo>	Shorts YM @ 10624
<breakout>	heard myb tomorrow
<+breakout>	didnt seem pos for today
<+sav>	Shorts NQ @ 1552.00 «« paper »»
<@NihabaAshi>	thanks	10:42
<+breakout>	many left
<+estrader1>	out 1/2 46.25 +1
<BB>	Congress is out due to the Jewish holiday and will be back on Thursday to vote on the bill ahead of the House re-vote.
<+sav>	Covered all NQ Short @ 1554.00 --> - 2 «« paper »»
<+breakout>	they supposed to b trying change so will pass today for pos vote tomorrow
<+estrader1>	out rest b/e	10:43
<+breakout>	bloomberg said pos vote tomorrow
	thurs prob more likely
<+sav>	Long NQ @ 1557.00 «« paper »»	10:44
<+newyorktrader>	ty BB
<+BB>	yw	10:45
<@NihabaAshi>	Long ES @ 1149.25 -> small size	10:46
	1 only	10:47
<+breakout>	squeezing but put so hi unusual	10:48
<+silo>	Covered YM Short @ 10665 --> - 41
	Reverse and Enter Long YM @ 10665
<@NihabaAshi>	Exited ES Long @ 1151.75 --> + 2.5
<+szubaark>	Nice Niha.
	turning into a creeper uptrend :(	10:50
<+silo>	Exited all YM Long @ 0654 --> - 10011
<+szubaark>	tightening Stop	10:51
	exit stop set ES @ 1146 «« paper »»
<+silo>	Shorts YM @ 10654	10:52
<@NihabaAshi>	Shorts ES @ 1147.50 -> small size	10:53
	3 only
<+szubaark>	Exited all Long ES at 1146.25 --> - 3 «« paper »»	10:54
<+silo>	Covered all YM Short @ 10638 --> + 16
<+estrader1>	long es 47
* Tintin	: hi all	10:55
<+rickf>	back in a bit	10:56
<@NihabaAshi>	I need 1145.50 to reach my profit goal for the trading day...may call it quits for the day
	got it
<+estrader1>	out 45.5 -1.5
<@NihabaAshi>	Covered all ES Short @ 1145.25 --> + 2.25
<+szubaark>	Buys ES @ 1144.75 «« paper »»	10:58
	Exited all Long ES at 1143.50 --> - 1.25 «« paper »»	11:00
	Shorts ES @ 1143.50 «« paper »»
<@NihabaAshi>	U.S. Dollar surging today and inversely the EuroFX or EurUsd is getting killed	11:15
<+szubaark>	exit stop set ES @ 1146.25 «« paper »»	11:17
	Weak Support Area	11:18
<+rickf>	short es 1142.50	11:24
<+szubaark>	Covered all Short ES at 1143.50 --> 0 «« paper »»	11:27
<+rickf>	out 43.50 -1	11:28
<+szubaark>	Buys ES @ 1143.75 «« paper »»
	exit stop moved to breakeven ES @ 1143.75 «« paper »»	11:29
<+rickf>	long es 1147	11:34
<+szubaark>	Exited all Long ES at 1146 --> + 2.25 «« paper »»	11:36
<+rickf>	exit 45.75 -1,25	11:37
	jumped the gun on that entry, stupid me
<+szubaark>	Buys ES @ 1146 «« paper »»	11:39
	tightening Stop	11:40
<+rickf>	long 46.25
<+szubaark>	exit stop moved to breakeven ES @ 1146 «« paper »»
<+rickf>	exir 7 48,50 +2.25	11:41
	h3
<+estrader1>	short 47
<+szubaark>	Exited all Long ES at 1146.50 --> + 0.5 «« paper »»	11:42
	Buys ES @ 1148.50 «« paper »»	11:43
<+rickf>	exit stop moved to 48 +2 exit profit	11:46
	48.25	11:47
	out 48.25 +2
<@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
<+estrader1>	out 50 -3	11:48
* +rickf	figures
<+rickf>	:(o
<+szubaark>	Tightening Stop
	exit stop moved to breakeven ES @ 1148.50 «« paper »»
<+rickf>	*yawn*	11:55
<+newyorktrader>	yes yawn	11:57
<+szubaark>	Exited all Long ES at 1152 --> + 3.5 «« paper »»	11:58
<+rickf>	wtg
<+szubaark>	thanks.. dont want to sit thru another slow,deep retrace	11:59
* codehead_afk	is now known as codehead	12:06
* newyorktrader	is now known as newyorktrader_lunch	12:11
<+BB>	http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={09ffd b63-49b3-40bd-ad87-20f715b50a38}	12:13
<+rickf>	short es 46.50	12:15
<+estrader1>	long 47	12:17
<+szubaark>	Buys ES @ 1147.25 «« paper »»	12:22
	Exited all Long ES at 1145 --> - 2.25 «« paper »»	12:23
<+estrader1>	out 45-2
<+szubaark>	Shorts ES @ 1144.75 «« paper »»
<+rickf>	exit 7 es 44.25 +2.25
	h3
<+szubaark>	lets see if they close gap now
	Covered all Short ES at 1144,75 --> + 0.75 «« paper »»	12:27
	Covered all Short ES at 1144.75 --> 0 «« paper »»
<+rickf>	exit es 45 +2
	lunch time ... back in a bit
<+Andy>	Long ES @ 1145.75 «« paper »»
<+szubaark>	Shorts ES @ 1144.25 «« paper »»	12:28
<+Andy>	Exited all ES Long @ 1143.75 --> - 2 «« paper »»	12:29
	Long ES @ 1144.75 «« paper »»	12:30
	Exited 3/4 ES Long @ 1146 --> + 1.25 «« paper »»	12:36
<newyorktrader_lunch>	Long ES at 1147.75 && Long YM at 10647	12:39
<+newyorktrader_lunch>	Out YM at 10652 +5	12:40
	Out ES at 1148.75 + 1	12:43
	something new, worked out nicely	12:45
<+Andy>	Exited Remainder ES Long @ 1149.75 --> + 5 «« paper »»
<+szubaark>	im holding Short, dont trust this pullback
* newyorktrader_lunch	is now known as newyorktrader	12:47
<+rickf>	bak	12:58
<+szubaark>	hi rick	13:01
<+rickf>	:)
<+newyorktrader>	wb
<+rickf>	short es 1147.25	13:02
<+newyorktrader>	late - short ES @1147.50 Out at 1146.50 + 1 && Short YM @ 10650 and out @ 10655 - 1	13:05
	- 5 **	13:06
<+rickf>	out 49 -2	13:14
<+szubaark>	its getting ugly out there
	low volume stop running crap	13:15
<+silo>	Shorts YM @ 10664	13:16
	Covered all YM Short @ 10683 --> - 19	13:18
<+szubaark>	Covered all Short ES at 1153.50 --> - 9.25 «« paper »»	13:19
	STUPID SHORT
	Buys ES @ 1153.75 «« paper »»
<+rickf>	theres either news pending or games being played here	13:20
	i think
<Guest>	Long ES @ 1152 «« paper »»	13:23
<+Guest>	prob will go to 1170-75	13:25
<+rickf>	lotta sellers over 1154
	gotta break through here before i'd go long w/confidence	13:26
	then again, what do i know	13:28
<+szubaark>	Euro getting killed	13:29
<+Guest>	Exited all ES Long @ 1157.25 --> + 5.25 «« paper »»	13:31
<+silo>	wow.... i thought i had 2 contracts... but only had 1 lol
<+rickf>	long 10 from 57.25
<+szubaark>	anybody can guess a target on this?	13:32
<+Guest>	Long ES @ 1158.5 «« paper »»	13:33
<+BB>	1175+
<+rickf>	exit 61.25 +4	13:34
	no idea where it will end ... if i did i'd be a millionaire :)
<+Guest>	Exited ES Long @ 1160 --> + 1.5 «« paper »»
	Reverse and Enter Short ES @ 1160 «« paper »»
	Covered ES Short @ 1160.25 --> - 0.25 «« paper »»	13:36
	Reverse and Enter Long ES @ 1160.25 «« paper »»
<+silo>	ou tall	13:39
	Shorts YM @ 10742
<+Guest>	stepping away-pending orders stop limit at 1170 and add at 1150
<+silo>	can't believe i screwed up on the biggest move... went long but only with 1 contract instead of 2.. .forgot to change it back	13:40
<+newyorktrader>	1173.50 is R1 for a suggested target at the pivot	13:42
<pdays>	Shorts YM @ 10740	13:43
<+pdays>	Covered all YM Short @ 107 --> + 10633	13:45
<+silo>	Covered all YM Short @ 10723 --> + 19
<+pdays>	Covered all YM Short @ 10720 --> + 20
<+newyorktrader>	short ym 10715
	out 10720 -5	13:46
	violated tradesetup rules	13:47
<+silo>	Long YM @ 10727	13:48
<+rickf>	long es 58.50	13:49
	ext 60.75 +2.25	13:53
<+silo>	exit stop set YM @ 10732	13:54
	Exited all YM Long @ 10732 --> + 5	13:57
	Shorts YM @ 10727	13:59
* newyorktrader	is now known as newyorktrader_afk	14:00
<+silo>	late entry :(
<@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.	14:06
<+silo>	Covered all YM Short @ 10725 --> + 2	14:07
<+szubaark>	good cover
<+rickf>	long es 1159.25
	out 59 -.25	14:10
<+silo>	Shorts YM @ 10734	14:11
	Covered all YM Short @ 10749 --> - 15
	Long YM @ 10764	14:12
<+szubaark>	its a strong bull today
<+silo>	Exited all YM Long @ 10756 --> - 8	14:13
* newyorktrader_afk	is now known as newyorktrader	14:16
<+szubaark>	Exited all Long ES at 1158.75 --> + 5 «« paper »»	14:18
<+BB>	vn szu	14:19
<+szubaark>	thnx..	14:20
<+rickf>	wtg	14:22
<+silo>	Long YM @ 10760	14:24
<+szubaark>	Buys ES @ 1163.50 «« paper »»	14:25
	geez, sellers at every new high	14:27
<+newyorktrader>	many orders on the tape at 99 lots, sneakin'	14:32
	(ES)
<+szubaark>	Exited all Long ES at 1163.50 --> 0 «« paper »»	14:34
	:(((
	coming right back to frikin entry
	Shorts ES @ 1161.50 «« paper »»	14:41
<+newyorktrader>	short ES 1161.25
	out es 1162.26 -1	14:44
<+rickf>	doug kass hearing rumors of an emergency rate cut in europe tonight -- fwiw saying, anyway	14:49
<+newyorktrader>	ty rick	14:50
<+rickf>	:)
	long es 1163.75
<+szubaark>	Covered all Short ES at 1163.50 --> - 2 «« paper »»
	Buys ES @ 1163.75 «« paper »»
	hahah..FAKEOUT	14:51
	Exited all Long ES at 1161.25 --> - 2.5 «« paper »»
	Shorts ES @ 1161.25 «« paper »»
	:((
	geezzzz
	i hate these whipsaw bars!!	14:52
	Covered all Short ES at 1164 --> - 2.75 «« paper »»	14:54
	Buys ES @ 1164 «« paper »»	14:55
	need patience of a Saint for this
<+rickf>	out 65 +2.25	14:56
	nah just need to breathe deeply :)	14:57
<+newyorktrader>	:)
<+szubaark>	Exited all Long ES at 1164 --> 0 «« paper »»
	still wont break to upside, gonna dance here for hours now
	Shorts ES @ 1162.75 «« paper »»	14:58
<+newyorktrader>	3PM reversal period.. something may happen
* +rickf	loves doing these doubletops before inching up some and repeating the process
<+newyorktrader>	the key is to not overtrade
<+szubaark>	Creeper trends cause me to get frustrated
	just so many whipsaws and fakeouts
<+rickf>	oh goodie, my ToS account is ready ... gonna move there from OXPS for my stock/options trades after all the crap this past year w/their platform	14:59
	szu - patience, bro :)
<+newyorktrader>	rickf, good choice. I am at TOS for options	15:00
	the platform is great
	ROCK solid	15:01
<+rickf>	i love it -- i just need to get comfy with the darn options screeners and spread calculators, as it's FAR more detailed than oxps
	and i love their charts!!
<+newyorktrader>	yes they are very good
	the options modeling/analysis tool is great all.. visual p/l.. vols, etc
	the learning curve is somewhat steep but oh so worth it once your dialed in	15:02
<+rickf>	yeah - i need to finish all the videos and maybe find someone local to walk me thru it. coming from oxps it' looks like a darn bloomberg terminal :)
<+newyorktrader>	lol
	well if you are in the NY state area id help ya out, but if not.. outa luck hah	15:03
<+rickf>	if ToS offered SSFs there, I'd dump OXPS in a flash, but every now and then I like trading SSFs in a pinch :)
	< -- DC
<+newyorktrader>	All you have to do is email TOS and request SSF's. they take all requests into serious consideration. I am responsible for a minor change to the platform. it's outstanding service.	15:04
	Ah okay.. a bit far
<+rickf>	cool!
<+szubaark>	Covered all Short ES at 1165.25 --> - 2.5 «« paper »»	15:05
	Buys ES @ 1165.25 «« paper »»
<+rickf>	:(
<+szubaark>	GHO!!!!!!
<+rickf>	i've ocmplained, offered suggestions, and worked with oxps techs on their platform, but their java platform is circa-1990 compared to ToS speed, quality, and polish	15:06
<+newyorktrader>	yeah I have heard some horror stories
<+rickf>	long es 66
<+szubaark>	i need a 20 pointer to breaekevn now
<+newyorktrader>	I was sketched out with a java based platform at first with TOS but i wouldnt have it anyother way
	and ES Long at 1165.75 and out at 1167.25 + 1.5	15:07
<+rickf>	ToS java platfofm feels like a compiled program ... very impressive	15:08
<+szubaark>	Exited all Long ES at 1165.25 --> 0 «« paper »»
	just gonna watch, getting frustrated from these games they playing	15:09
<+newyorktrader>	yes its very solid and they autoupdates. usually a new release every week
	mostly small updates, but sometimes big stuff	15:10
<+szubaark>	Shorts ES @ 1162 «« paper »»	15:11
<+rickf>	out 65 -1
<+szubaark>	hre comes the washout LOL	15:12
<+newyorktrader>	alot of support in the 60 level szu
<+szubaark>	this is so low Volume because of the Holiday, they could Tank and close gap	15:14
<+rickf>	lol...."if you need to close a stock position, do it now, cuz tomorrow we're down again...."
<+newyorktrader>	lol	15:15
<+rickf>	short es 1161
<+szubaark>	1156 Next Support	15:16
<+rickf>	out 7 58.75 +2.25
	h3
	out 61 b/e	15:17
<+newyorktrader>	n1	15:18
<+rickf>	short es 60.50	15:21
<+szubaark>	Covered all Short ES at 1162 --> 0 «« paper »»
	Buys ES @ 1162 «« paper »»	15:22
	woowwwwww	15:23
	1170 NEXT IF takes out high
* +rickf	reversed now long
<+szubaark>	exit stop moved to breakeven ES @ 1162 «« paper »»
	rick, whats yur Long entry?	15:25
<+rickf>	dont remember
	busy
	now out
	+3 i think
	long es 67.25	15:28
	out b/e	15:32
	:(
<+szubaark>	Exited all Long ES at 1165.50 --> + 3.5 «« paper »»	15:33
<+rickf>	nice
<+szubaark>	thanks.. i hate those shakeouts!
<+rickf>	after 2-3mins of 'hovering' i get nervous and look for the exit :)
<+szubaark>	even with good entry, they always come back.. cant wait til i got to 2 contracts and lock 1-2 Profit on1st
	BUT need to work on my Stops before going to Two.. i cant hace 9 Point Stops trading 2 ES contracts LOL	15:34
<+newyorktrader>	that is quite large	15:38
	but whatever works :)
<@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>	ok guys i'm out for the day ... see you all tomorrow	15:39
<+szubaark>	bye
	Buys ES @ 1167 «« paper »»	15:41
	last trade
	Exited all Long ES at 1165.25 --> - 1.75 «« paper »»	15:42
	Buys ES @ 1167.75 «« paper »»	15:44
	WOW	15:49
	10 more minutes NY close	15:50
	Exited all Long ES at 1170.25 --> + 2.5 «« paper »»	15:53
	Buys ES @ 1172.50 «« paper »»	15:58
	exit stop moved to breakeven ES @ 1172.50 «« paper »»	15:59
	Exited all Long ES at 1172.50 --> 0 «« paper »»	16:00
	Shorts ES @ 1170.25 «« paper »»	16:01
	exit stop moved to breakeven ES @ 1170.25 «« paper »»	16:03
	Covered all Short ES at 1166 --> + 4.25 «« paper »»	16:11
<+werner>	gn all	16:12
<+newyorktrader>	gn all
* +Tintin	: bye all	17:03
<@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: Tue Sep 30 23:25:24 2008	22:27
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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)

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

Argentina, Australia, Belgium, Brazil, Canada, Denmark, France, Germany, Greece, Hong Kong (China), 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, ES and NQ   

ICE Emini ER2    

CBOT mini-sized Dow Futures YM

Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

Eurex Fixed Income Derivatives BUND, BOBL and Schatz

Euronext Futures FTSE-100 and CAC-40

CME Futures EuroFX EC

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

Forex Currencies EurUsd, EurYen and UsdCdn

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

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

COMEX Metals Gold GC and ZG

Hang Seng Index Futures HSI

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

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

Sincerely,

M.A. Perry and Associates

TheStrategyLab.com

 questions@thestrategylab.com

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