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| October Trade Log | Trade Strategies | WRB Analysis Tutorials | Music While Trading | Testimonials | Disclaimer |
#FuturesTrades
October 9th Tuesday 2007 Trade Log
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Profitable Trade 1201pm - 1330pm est Losing Trade 0946am - 0951am est |
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Current Performance Record |
Key Trades of the Day (see chat log below) |
Profit/Loss Statement |
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 (ex. Oil and Gold), 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 so that I'll have a better understanding of ER2 price action.
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: Tue Oct 09 09:29:17 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 <Dmi76> gm all 09:30 <pat255> gm all fomc meet in the PM.. 09:31 <szubaark> pat its not a meeting its FOMC Minutes. 09:32 Buys ES @ 1568.50 «« paper »» 09:33 <pat255> yes sorry .. <ripsboy> good morning all... 09:35 <szubaark> Exited all Long ES at 1567 --> - 1.5 «« paper »» Shorts ES @ 1567 «« paper »» <pat255> lookig for 844 L on er <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) 09:37 <eminitrader> Shorts ES @ 1568 09:38 10 lot <szubaark> Covered all Short ES at 1568.75 --> - 1.75 «« paper »» 09:40 Buys ES @ 1568.75 «« paper »» <les> Shorts ER2 @ 847.2 «« paper »» 09:41 Shorts ER2 @ 846.8 -> Add «« paper »» 09:45 <NihabaAshi> ER2 over-reacting right now <eminitrader> Covered all ES Short @ 1568 --> 0 09:46 <Nesi> feels it wants up to me...imo <pat255> y ...man this mkt <NihabaAshi> Long ER2 @ 847.30 -> small size trying something new here <Nesi> if may i ask, Niha,,, how many contracts is small for you? <NihabaAshi> Today its 1 - 3 contracts and current trade is 2 contracts 09:47 <Nesi> thx <eminitrader> Shorts ES @ 1568.50 09:48 <NihabaAshi> Oil and Gold not showing any weakness to be concerned but the DAX looks a little exhausted. 09:49 <eminitrader> 10 lot <pat255> em dont fool around ..lol need guts to trade 10 cars 09:50 <eminitrader> had initial stop @ 1569.50...got out @ b/e ...shld have held it.. so its basically the same set-up...reduced risk:) exit stop lowered ES @ 1569 09:51 <les> Covered 1/2 ER2 Short @ 846.4 --> + 0.4 «« paper »» <NihabaAshi> Exited ER2 Long @ 846.30 --> - 1 Reverse and Enter Short ER2 @ 846.30 <szubaark> Exited all Long ES at 1567.75 --> - 1 «« paper »» Shorts ES @ 1567.75 «« paper »» <eminitrader> makes it better risk :reward.. high probability of test of lows .. <szubaark> hopefully ill catch the move LOL <eminitrader> well can always reverse...thats why the stops :)) 09:52 but pa has given a sell set-up <szubaark> but so far its just chopping, and eating my Stops at same time <les> same here em <eminitrader> sticling to my plan guys..lets see what happens 09:53 <Tim_a1> so far, so good em <NihabaAshi> Covered all ER2 Short @ 846.20 --> + 0.1 09:54 <eminitrader> doesn't natter to me ..have a 2 tick stop.. <les> exit stop lowered ER2 @ 846.6 «« paper »» <eminitrader> so if the mrkt does turn.. <pat255> this market is brutal..:( 09:55 <les> hopefully er2 looking for gap close or even yest low <szubaark> pat yes, Entries have to be Perfect. <Tim_a1> if definately makes much of it's moves via gaps <pat255> y & tight stops <Tim_a1> it <eminitrader> tight ...but needs to be sensible too pat...otherwise ..just like u said will be stopped out all day 09:56 <pat255> very true em .. <Tim_a1> i try to move them at least one notch away from the obvious place, i think they gun them 09:57 <pat255> sure those bastaids they look for them <eminitrader> Covered 1/2 ES Short @ 1567 --> + 1.5 09:58 <zik_> anyone here use Tradestation for futures? <eminitrader> i do <pdays> yup 09:59 <werner> yep <szubaark> yes <les> Covered Remainder ER2 Short @ 846.3 --> + 0.9 «« paper »» just in time :) 10:00 <eminitrader> think will see more lows on the ES <NihabaAshi> Shorts ER2 @ 846.10 -> small size 10:02 still hammering at something new <eminitrader> Covered 1/3 ES Short @ 1566 --> + 2.5 10:03 <pat255> vn em .. <Tim_a1> ditto 10:04 <pat255> as usual i got out early .. <eminitrader> thx pat... <pat255> bad entry .. <szubaark> nice entry on that Short emini. <pat255> late entry .. <eminitrader> thx szu.. <NihabaAshi> Covered 2/3 ER2 Short @ 844.90 --> + 1.2 <pat255> look for L 44 area .. <les> Shorts ER2 @ 844.9 «« paper »» 10:05 <NihabaAshi> Eurex DAX looks like its in trouble... 10:08 DAX now testing a WRB s/r zone 10:09 <eminitrader> Covered Remainder ES Short @ 1565.50 --> + 3 <pat255> vvn em ..wtg .. 10:10 <eminitrader> thx <szubaark> go emini <eminitrader> thx szu <szubaark> Covered 1/2 Short ES at 1565 --> + 2.75 «« paper »» <NihabaAshi> Dark Hammer Line in the DAX <szubaark> exit stop moved to breakeven ES @ 1567.75 «« paper »» 10:11 <eminitrader> nice one szu.. <szubaark> thx. <Tim_a1> nice shot, e <szubaark> In hindsight 20/20, should have waited for better setup instead of eating 3 Stops in chop before catching this move. <les> Covered Remainder ER2 Short @ 843 --> + 1.9 «« paper »» 10:12 <NihabaAshi> Covered Remainder ER2 Short @ 842.70 --> + 3.4 Trading Edge: 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) <szubaark> nice les. u riding this drop <pat255> vn N... <eminitrader> i irst entry was based on the daily...the second was the confirmed by thia morn's pa <NihabaAshi> I had a lot of help from the DAX 10:13 <les> i guess the moral of the story must be... if you get out too early, just get back in :)) <eminitrader> have a plan and stick to it :)) <szubaark> Niha no help from Oil and Gold today? <les> that too em 10:14 <NihabaAshi> Yeah...that too but mainly the DAX <les> hehe er2 may push a little lower... hopefully bounce after that 10:15 bbiam <ItalianSharp> YM lost most of its volatility since the summer end <NihabaAshi> DAX, Gold and Oil showing some stability...not much but maybe enough to attract some scalping Longs. <ItalianSharp> YM & ES still with the opening gap to fill in 10:16 dangerous to go long now in those mkts <eminitrader> actually waiting for a long confirmation.. 10:19 nothing so far ...and its close to my profit target 10:21 :( <les> Long ER2 @ 843.8 «« paper »» 10:22 Long ER2 @ 844.2 -> Add «« paper »» 10:24 <eminitrader> Shorts ES @ 1568 10:25 will add tosorry 10:26 Shorts ES @ 1566 meant will add upto 1568 Covered 1/2 ES Short @ 1565 --> + 1 10:29 was a 2 lot one.. 10:30 exit stop moved to breakeven ES @ 1566 <les> Exited all ER2 Long @ 842.9 --> - 2.2 «« paper »» 10:31 ouch Long ER2 @ 843.3 «« paper »» 10:34 <pat255> L er2 ..paper 10:35 <les> Long ER2 @ 844.1 -> Add «« paper »» <eminitrader> wow...any reason for bring so bullish les 10:36 <les> having a nervous day here usually i wouldnt have bailed too soon or taken profit so soon 10:37 <eminitrader> just take a few minutes walk away from the screen.. <les> er2 has bounced off yest lows seems to be holding <eminitrader> k ..as long as ur systems say go LONG 10:38 <les> well so far yes am quite happy to reverse into short if i'm wrong <eminitrader> then why be nervous...just ahve ur stops and wait for it to unfold <les> thats what i'm telling myself :) <pat255> good point em .. <les> i get nervy when i lack sleep 10:39 been like that a coupla days.. no reason really not related to the market action <eminitrader> k..nothing to do with trading than..more physical then mental 10:40 <Nesi> buy ER 843.70 <pat255> guys back in a bit .. <les> yep <eminitrader> later pat <Nesi> buy YM 139 <eminitrader> Covered Remainder ES Short @ 1565 --> + 1 10:41 <NihabaAshi> Shorts ER2 @ 844.30 -> small size 10:42 <les> Exited 1/2 ER2 Long @ 844.7 --> + 0.6 «« paper »» <NihabaAshi> Covered all ER2 Short @ 844.50 --> - 0.2 10:46 Lucky exit... <les> em - i did get a very good long signal.... but entered much too late - i was looking at wrong time interval on my chart :( still, the entry was good enough i guess 10:47 <NihabaAshi> Taking a break because that Short was a trade execution error...when Short by mistake when I wanted to go Long Be back later to clear my thoughs. * NihabaAshi is now known as NihabaAshi_away <les> exit stop raised ER2 @ 844.2 «« paper »» 10:53 <szubaark> Covered all Short ES at 1567.75 --> 0 «« paper »» 11:00 <les> exit stop raised ER2 @ 844.8 «« paper »» 11:02 <szubaark> Shorts ES @ 1567.50 «« paper »» 11:03 <les> exit stop raised ER2 @ 845.2 «« paper »» <eminitrader> Shorts ES @ 1568.50 11:04 <intowin> same entry same time emini mine is 1568.25 11:05 short ES @ 1568.25 <les> Exited Remainder ER2 Long @ 845.9 --> + 2.6 «« paper »» 11:06 <eminitrader> very nice les :) <intowin> nice les now go take a nap <les> thx em 11:07 hehe * NihabaAshi_away is now known as NihabaAshi <intowin> u stopping out at hod emini? 11:09 <les> Shorts ER2 @ 845.8 «« paper »» <NihabaAshi> Shorts ER2 @ 845.80 -> small size 11:10 <les> i need 1.1 pts to reach my day target 11:11 then its sleeptime <eminitrader> exit stop moved to breakeven ES @ 1568.50 11:12 Covered 1/3 ES Short @ 1567 --> + 1.5 11:17 <NihabaAshi> ER2 should have easily tested 845.00 by now :( 11:18 * bern is now known as bern_away 11:21 <NihabaAshi> volatility spike coming here soon 11:24 Hopefully it takes the price down and not up. <les> ditto here <szubaark> want down also <les> really taking its time about it <eminitrader> :))) 11:25 <NihabaAshi> we got support for a spike to send prices down but ER2 has been fighting it well. <intowin> Covered all ES Short @ 1566.75 --> + 1.5 <les> 845.5 has lotta buy stops sitting there price bounces off that v quickly 11:26 Covered all ER2 Short @ 845.8 --> 0 «« paper »» i think u right em :) <eminitrader> abt what les.. 11:27 <les> getting out here <intowin> that was me <eminitrader> still holing 3 short 68.50 <les> oops sorry...ok <intowin> I got a case of your nervous nellies <les> i think u righht intowin 11:28 ok now? <intowin> lol <eminitrader> hehehe <szubaark> yes intowin and emini have good entries, Im 1 point below them :( its basicly hoovering around my entry :( <les> i got mkt delta show a lot of buy volumes now <eminitrader> i got out 2 @ 1.5 left with 3 ..stop @ b/e <NihabaAshi> Shorts ER2 @ 846.00 -> Add 11:29 * codehead_afk is now known as codehead 11:32 <NihabaAshi> Covered 1/3 ER2 Short @ 845.50 --> + 0.5 11:34 <szubaark> again, small ranges developing with everyone scalping this for Ticks. 11:35 <NihabaAshi> Covered ER2 Short @ 846.40 --> - 0.6 11:36 Reverse and Enter Long ER2 @ 846.40 <les> Long ER2 @ 846.6 «« paper »» 11:37 <eminitrader> Covered 1/3 ES Short @ 1566.50 --> + 2 11:39 holding 1 <szubaark> fakeout for Longs <les> Exited ER2 Long @ 845.4 --> - 1.2 «« paper »» Reverse and Enter Short ER2 @ 845.4 «« paper »» <NihabaAshi> Exited ER2 Long @ 845.40 --> - 1 11:40 Reverse and Enter Short ER2 @ 845.40 2 to 3 on the reversal punks 11:42 <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) 11:43 <NihabaAshi> Covered all ER2 Short @ 845.10 --> + 0.3 <szubaark> that was quick exit Niha. 11:44 <NihabaAshi> Dark Hammer Line and I didn't want trading in its price action...Short nor Long until the price action after the Dark Hammer Line tips its hand. 11:45 Had that Dark Hammer Line not showed up...I would still be Short. <szubaark> what Timeframe? <les> what interval? <NihabaAshi> 2min <les> dont see one here 11:46 time? <NihabaAshi> 1142am it completed its Line 11:47 <szubaark> les i see those suckers on ES ,NQ all the time <les> ah - i have a doji there <NihabaAshi> almost the same type of behavior with the Doji like a Dark Hammer Line... Indecisive...requires confirmation 11:48 <szubaark> depending on what charting software you use, your candles will look Different then the other guys. <les> yes szu - thats true here i use esignal <szubaark> Covered 1/2 Short ES at 1567 --> + 0.5 «« paper »» 11:53 just not going anywhere exit stop moved to breakeven ES @ 1567.50 «« paper »» <les> taking a rest break now 11:54 bk later * les is now known as lesAway <Brutus> chop until FOMC 11:55 1330/1730 St. Louis Fed Pres Poole speaks before the Industrial Asset Management Council convention in St. Louis 1400/1800 Sep 18 FOMC minutes 1540/1940 San Francisco Fed Pres Yellen speaks in a finance and economy series in Los Angeles <szubaark> Covered all Short ES at 1567.50 --> 0 «« paper »» 11:57 Buys ES @ 1568 «« paper »» hmm.. 2nd leg up? 11:58 <intowin> agree chop til 2 <zik_> when fed mins will be released? 12:00 <szubaark> 2pm 12:01 <NihabaAshi> Shorts ER2 @ 846.20 -> small size <zik_> looks like a sell <NihabaAshi> zik...price action should start getting very interesting around 1pm es when some of the FED folks begin making their speeches that leads up to the 2pm FED minutes. <NihabaAshi> Reminder: To all users of #FuturesTrades...this is not a stock discussion room nor is it allowed. There are better rooms on IRC for such. Stock discussions attracks spammers et cetera and once I removed the stock stuff...I rarely have anymore problems in the room. 12:12 <Tim_a1> i lost interest in individual stocks, because i always got blindsided by the indexes 12:18 figured if i have to watch indexes closely, might as well focus on them <zik_> futures trading are very technical 12:21 very visual <Tim_a1> thats what we do here <intowin> looks like a fade before the fed bounce 12:31 <NihabaAshi> Covered 2/3 ER2 Short @ 845.10 --> + 1.1 12:33 <intowin> looking to scale long es 12:39 there u go N 12:41 <lesAway> Covered 1/2 ER2 Short @ 844.5 --> + 0.9 «« paper »» Covered Remainder ER2 Short @ 844.8 --> + 0.6 «« paper »» 12:44 * lesAway is now known as les <intowin> nice <les> finished for today back on thursday thx <intowin> er2 red 12:45 <Tim_a1> . 13:02 <intowin> we faded down now looking for fade up 13:11 <Brutus> u long IT? <intowin> not yet anyone else have input as to what the fed minutes will bring? 13:17 <Brutus> well one of the things they based it on the payrolls got revised to +80k so it negates what they have to say to a degree 13:19 <intowin> 65 will have to hold for me to stay bullish in this area 13:23 nope looking like we sell the minutes now 13:28 congrats to those that held shorts <eminitrader> what a drop 13:29 <intowin> congrats emini <eminitrader> Covered Remainder ES Short @ 1563.50 --> + 5 13:30 thx itw <Brutus> well done EMT <NihabaAshi> Covered Remainder ER2 Short @ 842.10 --> + 4.1 <eminitrader> thx b...see more downside @ around 1560 <intowin> well done guys <Brutus> u2 Niha <NihabaAshi> I caught a Dark WRB exit below a prior key WRB s/r zone :) 13:31 Simply, I got the max out of that trade. <intowin> I really thought minutes would be a + for market <eminitrader> but pa was never bullish this am 13:33 <intowin> this is true. Pa is usually a give away <eminitrader> yep 13:34 <NihabaAshi> Long ER2 @ 842.80 -> small size 13:36 <Tim_a1> they gave a good borking to the longs 13:38 <Brutus> 10/09/2007 13:40 *DJ Fed's Poole: Housing May Not Stabilize Until Well Into 2008 13:40 10/09/2007 13:40 *DJ Fed's Poole: Payrolls Doesn't Suggest Downside Growth Risks <NihabaAshi> DAX is flat...waiting for something to happen :( It's giving some clues why ER2 isn't counter-thrusting upwards :( 13:41 Exited ER2 Long @ 842.30 --> - 0.5 13:46 Reverse and Enter Short ER2 @ 842.30 <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> As they say...I can always re-enter my Long :) Volatility showing up and DAX trying to wake up. <intowin> Long ES @ 1563.50 13:47 taking a stab long <Brutus> Long ER2 @ 842.3 «« paper »» Exited ER2 Long @ 843 --> + 0.7 «« paper »» <NihabaAshi> Covered ER2 Short @ 843.10 --> - 0.8 13:48 Reverse and Enter Long ER2 @ 843.10 <eminitrader> Shorts ES @ 1566 <NihabaAshi> went from 2 to 5 contracts <intowin> Exited 1/3 ES Long @ 1565.50 --> + 2 13:49 <NihabaAshi> Basically I'm still within the "residual" price action of my prior pattern signal as a Long. They were able to shake me out of the position the first time. <intowin> 63.50 stop 13:50 <Brutus> very bullish volume on ES <intowin> maybe this will be my fed fade up : ) 13:51 <eminitrader> looks like poole bought the price to my short entry level :) 13:52 <intowin> may have a change of climate now though remember pa <NihabaAshi> I may get lucky and reach my profit target for the day on via this trade. <Brutus> 1 ore leg up <eminitrader> yep a bot more upside bot=bit 13:53 thats now fulfilled <NihabaAshi> Exited ER2 Long @ 844.50 --> + 1.4 Holding 2 contracts 13:54 <intowin> I sure do not like v shape recoveries however 13:55 <eminitrader> exit stop lowered ES @ 1566.50 <Brutus> they tend to do 180 and test the low again <intowin> yep. worse I can do on this trade though is win : ) 13:56 <NihabaAshi> exit stop raised ER2 @ 843.20 13:57 <intowin> exit stop set ES @ 1564 13:58 <Brutus> FOMC mins standby 13:59 spike down then up <NihabaAshi> I don't have much of a wiggle room 14:00 punks :( <intowin> Exited all ES Long @ 1564 --> + 0.5 <bern_away> arghhh <eminitrader> Covered 1/2 ES Short @ 1564 --> + 2 <NihabaAshi> Trailing Stop Hit ER2 @ 843.20 --> + 0.1 * bern_away is now known as bern 14:01 <eminitrader> exit stop moved to breakeven ES @ 1566 <NihabaAshi> Long ER2 @ 844.50 -> small size 14:02 <intowin> Long ES @ 1565 <eminitrader> :(( <Nesi> buy 1 more ER 845 <eminitrader> Covered Remainder ES Short @ 1566 --> 0 <NihabaAshi> Now you know why I'm pssst about getting shaken out of two Long positions. <Nesi> IMHO...if ER hits 847.50 ..it will aim above 850 today..IMHO 14:03 <Tim_a1> boy, that's a borked tape 14:04 <intowin> Exited 1/3 ES Long @ 1568 --> + 3 <Nesi> feels up <intowin> lol <NihabaAshi> Exited 2/3 ER2 Long @ 846.20 --> + 1.7 At least I was able to jump back on to make this entire effort meaningful. 14:05 <Nesi> push up in the making ..imo 14:06 <intowin> I thought those minutes would be a good thing lol 14:07 <NihabaAshi> Those FED speeches after 1pm est helped setup the volatility spike of the 2pm est FOMC minutes 14:08 <bern> DAX and ESTX50 not so optimistic now <Brutus> 10/09/2007 14:00 *DJ FOMC: Staff Sees Above-Trend GDP Growth In '09 <NihabaAshi> Agree...that's telling me there's a problem (exhaustion) with the current price movement in ER2 14:09 Exited Remainder ER2 Long @ 845.00 --> + 0.5 Got my profit goal for the day thanks to the FED guys :) 14:10 <Nesi> nice trading, Niha <NihabaAshi> I really don't know why so many traders don't like them especially when those FED guys are the ones that bring the good volatility to the markets. <Nesi> i was wrong on my early post <NihabaAshi> :) <bern> till now i have allways hated this kind of volatile price action.. from the last days I am starting to suspect i would benefitt learning to trade it 14:12 <Tim_a1> 1566.5 seems to be the es magnet 14:15 <NihabaAshi> bern...it took me a few years to realize that if we don't have volatility... 14:20 We are trading that noise or flat stuff. That's me weakness...trading in noise of flat markets. 14:21 I get eaten alive in that stuff. Today's volatility is a poster boy for studying... 14:22 stuff like this is what prompts research into determining if there's merits to "Volatility Analysis". 14:23 <bern> i hope to learn 14:24 <szubaark> Exited all Long ES at 1566 --> - 2 «« paper »» 14:27 ending the day in Black. 14:28 <intowin> Exited 2/3 ES Long @ 1566.75 --> + 1.75 holding one with a break even stop 14:29 <NihabaAshi> Long ER2 @ 846.90 -> small size Geesh... <szubaark> Crap! there it goes, 1 second late <NihabaAshi> One second I'm thinking about a Long at 846.00 and the next second I'm entering a Long at 846.90 and the second after that I'm thinking about exiting at 747.80 14:30 <bern> very nice 14:31 <NihabaAshi> Exited 2/3 ER2 Long @ 848.40 --> + 1.5 I'm done after this trade...getting a little dizzy here. <intowin> Exited all ES Long @ 1571 --> + 6 14:33 <Tim_a1> vn itw 14:34 <Brutus> nice one IT <intowin> thanks done for the day <bern> vn <NihabaAshi> There's support here for one more pop to the upside... 14:35 Only reason why I'm still Long Exited Remainder ER2 Long @ 849.50 --> + 2.6 14:36 <ItalianSharp> well done niha <NihabaAshi> I'm done for the day. <bern> ym at 14200, looks strong resistance in daily...but anything can happen <pat255> wow vvn N <intowin> nothing like riding it down and then up.. good job 14:37 <Nesi> 853 855 feels like big magnet to me...ER...imo 230 250 area for YM..imo 14:38 <pat255> hmm mkt will never go down again ever ..sigh 14:39 <intowin> cu you guys tommorow.. 14:42 <NihabaAshi> Geesh...this thing looks like its trying to re-energized and go higher. 14:47 <pat255> y.. dont even think S 14:48 <NihabaAshi> ER2 test the price zone of yesterday's high. 14:49 anything above 850.00 14:50 * NihabaAshi is now known as NihabaAshi_away 14:57 <bern> have a nice evening all, bye 15:00 * bern is now known as bern_away 15:01 * sep34 is now known as sep34_away 15:06 <Nesi> feels better ..getting closer to 853 855 area 15:12 <Brutus> 10/09/2007 15:13 *DJ Fed's Poole: Risks Of Downturn Have Increased 15:15 Shorts ER2 @ 1575 «« paper »» 15:18 <Trader222> I've been ES Long cause its going up, but the 'why' doesn't make any sense to me. Is this just the tape expecting another rate cut so up we go, or simply going up into Oct earnings <Brutus> Covered ER2 Short @ 1575.25 --> - 0.25 «« paper »» 15:21 <Nesi> short ER 852.10 15:22 already sold earlier ones 15:23 cover 851.50 er 15:25 WRB Analysis <Trader222> nice time to exit longs and reverse short here around 75 <Nesi> ER still feels higher to me..no reason at all..just a feel 15:26 i am flat tho buy ER 851.50 with stop 851 hard stop 15:27 out 851.20 15:32 changed my mind short 851.20 stop 851.80 moved stop hard at 851.20, fwiw 15:34 done <GoodMood> fwiw = ? 15:37 <Nesi> fow what it is worth <GoodMood> and what does that mean ? <Nesi> its just a saying 15:38 <GoodMood> ok <Nesi> like if someone cares :) <GoodMood> :) <Nesi> brb be right back <GoodMood> lol laugh out loudly <Brutus> 10/09/2007 15:40 *DJ Fed's Yellen: Fed Must Keep Focus On Mkt Threat To Econ 15:41 * NihabaAshi_away is now known as NihabaAshi 15:46 <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) 15:52 <Brutus> ============ U.S. MARKETS ACTION =========== 16:02 DJIA up 101.78 points to 14146.48 NASDAQ up 12.53 points to 2799.57 S&P 500 up 10.22 points to 1562.76 10-year T-note down 5/32 at 100 23/32 yield 4.655 NYMEX Spot Crude up $1.24 at $80.26/bbl at close Dollar/Euro up 0.0055 at 1.4109 http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={80da4 319-2cee-4ccc-86da-fb58032b63b4} <cmrodrig> Brutus, where do you get that page of marketwatch? Is it through TD-Ameritrade? 16:04 <Brutus> yes <cmrodrig> I'm also a client, but didn't find it. Is it on market news? <Brutus> no news feed about $25 per month 16:05 <cmrodrig> Ok 16:06 <werner> gn all 16:22 <NihabaAshi> Take care all and thanks to the FED it was a great trading day as usual whenever the day is about the FED. * NihabaAshi is now known as NihabaAshi_away 16:23 Sponsor:
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