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#FuturesTrades October 22nd Monday 2007 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+12.30	+256.50	+2927.00
$1,230	$25,650	$292,700

Profitable Trade

1015am - 1034am est

Losing Trade

1300pm - 1303pm est

click on image to view actual size

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: Mon Oct 22 09:36:16 2007Session Ident: #futurestrades

* Now talking in #futurestrades 09:36

<X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm

<PapaJon> gm all 09:39

anyone else in here using esignal version 10?

i was on ver 8 last week , upgraded and now... V10 stalls and burps ... V8 was working great... 09:40

go figure

whats interesting is that the data manager is feeding data to my other charting program just fine.. 09:41

smooth as silk

<ItalianSharp> anyone else having problems with VIX datafeed?

<NihabaAshi> I don't like upgrading to new versions of anything until after the new version has been out for many months.

<les> Long ER2 @ 794.4 «« paper »»

<PapaJon> yah.. good idea

yes IS... no vix data here 09:42

just vxn

<ItalianSharp> okthanx

<NihabaAshi> However, some software developers have been slowly developing a habit of saying if you don't upgrade the old version will no longer work by so and so deadline :(

eSignal is one that has been doing that with the QCharts and FutureSource users. 09:43

<les> Exited 1/2 ER2 Long @ 796.7 --> + 2.3 «« paper »»

<Nesi> hi all

<les> argh wrong entry post..will correct

<pat255> wow what a move up ..

<les> ah no.. it wasnt 09:44

<PapaJon> hmmf... havent had any comments from esignal like that niha .. but i am on the esignal charting

i think will be downgrading shortly 09:45

chart is still frozen since 9:38 09:47

<les> Exited Remainder ER2 Long @ 795.9 --> + 1.5 «« paper »»

Long ER2 @ 796.5 «« paper »» 09:52

Exited 1/2 ER2 Long @ 799.1 --> + 2.6 «« paper »» 09:53

wow

exit stop raised ER2 @ 799.2 «« paper »» 09:54

<szubaark> Shorts ES @ 1505.25 «« paper »» 09:55

<Brutus> Shorts ER2 @ 1505.5 «« paper »»

<les> Exited Remainder ER2 Long @ 802.1 --> + 5.6 «« paper »» 09:56

<PapaJon> nice trades les

<les> thx

<Brutus> Covered ER2 Short @ 1504.5 --> + 1 «« paper »» 09:57

<disciple33> les = mor today 09:59

<les> :)

<jperl> done for now.... 10:00

<les> Long ER2 @ 802 «« paper »»

<jperl> trades here....

http://charts.dacharts.com/2007-10-22/JP ERL_0111.jpg

<Nesi> nice 10:01

<pat255> S 1.9 er

<les> Exited all ER2 Long @ 800.6 --> - 1.4 «« paper »» 10:02

<jperl> a very quick morning for me

<szubaark> Covered 1/2 Short ES at 1503.25 --> + 2 «« paper »»

exit stop moved to breakeven ES @ 1505.25 «« paper »»

<les> Long ER2 @ 801.3 «« paper »» 10:07

<szubaark> Covered all Short ES at 1505.25 --> 0 «« paper »» 10:09

<les> Exited 1/2 ER2 Long @ 803.2 --> + 1.9 «« paper »» 10:11

<NihabaAshi> Excellent volatility for a Monday trading. 10:13

<ItalianSharp> yes niha...friday high-range day set up some nice moves 10:14

and teh G7 weekend must have also provided some strong indications

<les> on the daily..

er2 has close 2 wrb hidden gaps since 17th Oct

<ItalianSharp> my guess is: mkts are rallying due to an almost 100% probability of a rate cut next meeting

<NihabaAshi> Shorts ER2 @ 807.00 -> small size 10:15

<les> so to me this last gap close with the tight ranges below it looked likely for a big bounce

<NihabaAshi> trying something new here

<les> didnt think it would happen so soon tho :)

<NihabaAshi> Covered 2/3 ER2 Short @ 805.70 --> + 1.3 10:17

<les> Exited Remainder ER2 Long @ 805.2 --> + 3.9 «« paper »» 10:18

<pat255> nice entry N.. 10:19

<les> i done for today - got meetings etc now 10:22

pity - i'm up for the downwsing some time here

<NihabaAshi> Covered Remainder ER2 Short @ 802.70 --> + 4.3 10:34

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, intermarket analysis 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 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> Shorts ES @ 1505.50 «« paper »» 10:35

<pat255> vn N ...missed the enry & did not cahse it .. 10:39

<PapaJon> need to reboot.. bbiafms 10:44

<pat255> S 6.5 es

<szubaark> Covered 1/2 Short ES at 1503.25 --> + 2.25 «« paper »» 10:48

exit stop moved to breakeven ES @ 1505.50 «« paper »»

Real nice followthru today, surprising after such volatility on friday 10:50

Covered all Short ES at 1500.25 --> + 5.25 «« paper »» 10:54

<PapaJon> Back on Version 8... all is well again 10:56

<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) 11:08

<szubaark> Shorts ES @ 1498.75 «« paper »» 11:19

Looking for Volatility spike soon, hopefully to downside

spiked against me :(( 11:33

<NihabaAshi> szu...it first spiked against you at 1121am est (1500.00) 11:35

<pat255> geez all trades got stopped then moved in the direction ...:(

<szubaark> at 61% retrace here, will watch closely

<NihabaAshi> There's been 2-3 more spikes since 1121am est. 11:36

Good thing is that there's a "little resistance" at current levels.

Volatility dropping fast... 11:39

Expecting another volatility spike here soon.

Hopefully down for you szu.

<szubaark> yes, last Volatility spike retraced 11:40

<NihabaAshi> Long ER2 @ 803.00 -> small size 11:41

2 only

Will be a tough trade...some resistance up here.

I got Oil and Gold on my side but ER2 is responding very little their support. 11:43

Exited all ER2 Long @ 802.30 --> - 0.7 11:45

Dark Hammer line...be careful. 11:47

<szubaark> ES now retraced the Second Volatility spike candle, one more to go hopefully 11:48

<NihabaAshi> Long ER2 @ 802.50 -> medium size

back to back Hammer lines...usually a bullish price action 11:49

There was a stronger Dark Hammer Line that followed my Hammer line commentary. 11:50

<pat255> N what tf?

<szubaark> Covered all Short ES at 1505.75 --> - 7 «« paper »»

:((

Buys ES @ 1505.75 «« paper »»

* sep34 is now known as sep34_away

<NihabaAshi> 1min chart

<pat255> ty 11:51

<szubaark> i gave it Wayy too much room

<NihabaAshi> Exited all ER2 Long @ 803.10 --> + 0.6 11:52

<eminitrader> Shorts ES @ 1506.50 11:57

Covered ES Short @ 1506.50 --> 0 11:59

Reverse and Enter Long ES @ 1506.50

Exited ES Long @ 1506.50 --> 0 12:00

Reverse and Enter Short ES @ 1506.50

Covered 2/3 ES Short @ 1505 --> + 1.5 12:01

be back ..hlding 2 stop 4 ticks ...target 1502.50 12:03

<NihabaAshi> volatility dropping fast again 12:09

Shorts ER2 @ 802.30 -> small size 12:12

Very late on getting Short when the "volatility breakout" occurred :( 12:13

<szubaark> some support here

<eminitrader> Covered Remainder ES Short @ 1502.50 --> + 4 12:14

<szubaark> actually its the lower shadow of the last Hammer Line

<eminitrader> late post

<szubaark> nice emini

<eminitrader> thx szu

<Brutus> nice E

<eminitrader> thx b

<Tim_a> nice, e

<NihabaAshi> volatility breakout in the opposite direction :(

Covered all ER2 Short @ 802.80 --> - 0.5 12:16

Volatility dropping fast again. 12:18

Shorts ER2 @ 802.40 -> small size 12:20

<eminitrader> Long ES @ 1502 12:21

<szubaark> Exited all Long ES at 1502 --> - 3.75 «« paper »»

Shorts ES @ 1502 «« paper »» 12:22

<NihabaAshi> I just lost my support on this Short

Covered all ER2 Short @ 802.90 --> - 0.5

<szubaark> Im Shorting 4 Down candles on ES, not good, as a Bounce is expected :((( 12:23

<NihabaAshi> Long ER2 @ 802.90 -> small size

Geeesh... 12:24

losing my support on the Long now :( 12:25

<Brutus> I think this is on its way to new lows

<eminitrader> thAT WAS A EXPECTED PULLBACK FROM RES OF 1607 AREA SZU...SUPP CLD HOLD HERE AND RETST HIGHS OR SUPP CLD BREK AND RETEST LOWS :))...

<NihabaAshi> 3 consecutive trades where the volatility has dried up after entry = chop = time to take a break from trading :)

<eminitrader> sorry for the caps guys

1607=1507 12:26

i wld root for new highs ... 12:27

no offence B ..but i'm long :))

<NihabaAshi> Exited all ER2 Long @ 804.10 --> + 1.2

<Brutus> OK yes YM looks strong

<eminitrader> i'm just rooting ...cld go anyway

<NihabaAshi> volatility showed up just in time because I was about to take a +0.20 profit at 803.10 12:28

And then it jumped to 803.40 to keep me in the trade

<eminitrader> Exited 1/2 ES Long @ 1504.50 --> + 2.5 12:30

looks like a hifh probability of change in trend... 12:34

<Brutus> daily?

<eminitrader> no intra day

cld be anywhere from a 10 -20 ppiont move 12:35

on the ES

<Brutus> u c new lows?

<eminitrader> nono...i am talking abt new highs... 12:36

<Brutus> ok

<eminitrader> kepp stops below 1497-98 area

<Brutus> just that u exited some of the long

<eminitrader> if it breks that and we dont see new lows...then its a low probability trade 12:37

meaning higher probability of new lows

<Brutus> i c weakness now could be wrong

<eminitrader> but low probability of new lows as of this moments pa 12:38

if new lows ...expect support @ 1490 area 12:39

<Brutus> i did say to myself that I would remain neutral and trade setups bad start so far :(

<eminitrader> why ...u only trading 1one way 12:40

<Brutus> no, but took the short at 1506.75 but let bearish bias take over :( 12:41

so missed the long in the ER 12:42

<eminitrader> Long ES @ 1502.50 -> Add

k...but not to worry ...still have the pm session

* sep34_away is now known as sep34

<eminitrader> Exited 1/2 ES Long @ 1506.50 --> + 4 12:48

will hld remainder..

exit stop moved to breakeven ES @ 1502 12:49

<Brutus> sym triangles ER BO but NQ holding

good read EMT

<eminitrader> thx B..brek out to the long still not confirmed though 12:50

<Brutus> ur read is of the 3 min chart and not order flow/tape or volume? 12:51

<eminitrader> purely the pa B..but i do use t & s to finetune my entry and sometimes my exits 12:52

<Brutus> k thx

<NihabaAshi> Long ER2 @ 808.10 -> small size

1 only

Exited ER2 Long @ 809.70 --> + 1.6 12:54

<eminitrader> Exited 1/3 ES Long @ 1509.50 --> + 7.5

holding 2

<ItalianSharp> nice emini...glad to see you kick some butts on monday 12:55

<eminitrader> thx IS..

was very bullish on friday ...and was unable mentally to change my bias...

thats why i decided to call it a day...GLAD I DID :)) 12:56

<NihabaAshi> Too bad I haven't got anything worthwhile today to do a "Large Size" position today :(

<ItalianSharp> its ok niha...i am sure this volatility will last for another couple of days at least 12:57

and keep in mind today is a no-news day

<NihabaAshi> exactly 12:58

<ItalianSharp> today we've had a nice move many other mkts...currencies and commodities especially 12:59

oil and gold down 2% while the greenback has finally met some buyers

the yen being the leading currency today 13:00

surprisingly enough treasuries have been range bound

<NihabaAshi> Shorts ER2 @ 810.70 -> small size

1 only

<szubaark> Covered all Short ES at 1507.25 --> - 5.25 «« paper »» 13:02

<eminitrader> Exited ES Long @ 1512.50 --> + 10.5 13:03

hlding 1

<Brutus> WTG :)

<eminitrader> thx B

see it going much higher 1515-1525 area

<NihabaAshi> Covered ER2 Short @ 812.60 --> - 1.9

Reverse and Enter Long ER2 @ 812.60

<szubaark> Buys ES @ 1512.50 «« paper »» 13:04

<eminitrader> can see some res @ 1515 area

<NihabaAshi> Excellent volatility again. 13:05

Exited ER2 Long @ 813.60 --> + 1

<eminitrader> SP res 1506 area... 13:06

expect to see a pullback

lunch time...have a buy @ 1506.25 and 1504.25 13:07

back in a bit 13:08

<Guest35179> short 811.4 13:11

<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> It'll be nice to see the VIX move back above the 26 price area before the month is over with.

That would setup some very nice trading in high volatility price action in November. 13:12

<Guest35179> out 812.8

short 813 13:13

out 812.1 13:15

short 813.4 13:18

out 812.6 13:21

<NihabaAshi> Long ER2 @ 812.40 -> small size 13:26

2 only

Exited 1/2 ER2 Long @ 813.50 --> + 1.1 13:28

Exited Remainder ER2 Long @ 814.60 --> + 2.2 13:33

<Guest35179> short 814.3 13:34

<eminitrader> Exited Remainder ES Long @ 1514.50 --> + 12.5 13:35

<Tim_a> nice

<NihabaAshi> eminitrader...great trade. 13:36

<eminitrader> thx T niha

<NihabaAshi> The CME has ER2 average trade size around 6 contracts 13:37

<Guest35179> out 813.4

<NihabaAshi> That's about right because when volatility rises, position size tend to increase. 13:38

My average position size today is 2 contracts 13:39

<ItalianSharp> niha, how do you see average trade size in ER2?

<NihabaAshi> Thus, I was playing the "conservative trader" today.

QCharts is able to calculate it somehow from the CME

It's just a number...not a line nor histogram. 13:40

<ItalianSharp> ok...interesting

<NihabaAshi> I'm sure there's some software out there that's able to convert the ATS into some sort'uv "volatility indicator". 13:41

<Nesi> short ER 813.4

<Guest35179> short 813.9 13:42

<NihabaAshi> Volatility breakout in the Eurex DAX 13:47

ER2 needs to follow or the DAX needs to retrace 13:48

Long ER2 @ 813.90 -> small size 13:49

1 only

<Nesi> BUSH live now? 13:50

<NihabaAshi> Exited ER2 Long @ 814.40 --> + 0.5

I exceeded my profit goal for the day about 3 trades ago...

<Nesi> Bush alert :)

vn Niha

<NihabaAshi> I'm officially in profit protection mode to ensure I have another profitable trading day.

Thus, 1 contract only for the remainder of the trading day. 13:51

<Nesi> DAx market around 7884?

<NihabaAshi> 7884.50

<Nesi> thanks

<NihabaAshi> 7881.00 13:52

<Guest35179> out 812.6 13:53

<Nesi> bush effect i guess 13:54

<Von> hi all 13:57

<NihabaAshi> Hi Von 13:58

Meant...bye Von :)

<ItalianSharp> is bush speaking right now?

WRB Analysis

Learn More

<Nesi> no 13:59

done

<ItalianSharp> thanks nesi

<yayaa> G'day everyone 14:00

<Nesi> hi 14:01

<Tim_a> he's always good for a drop 14:05

he's always good for a drop

he's always good for a drop

he's always good for a drop

<Nesi> oh oh

<Tim_a> sorry, was scrollup up and heard a 'tone' so i thought it wasnt posting 14:06

<Nesi> :)

<Tim_a> oops

not that the comment was really worth trying 4 times 14:07

<Guest35179> why does mirc disconnect me from time to time? is it because it's a trial version? 14:16

<Nesi> i dont think so..guess

try to use another server maybe 14:17

<Tim_a> mine disconnects very rarely, and i have the trial version

<Guest35179> how another server?

<Nesi> i think.. wwww.othernet.org

you can see all the othernet server

or www.othernet.com

dont remember :( 14:18

<Guest35179> ok, i look for it. thanks.

<yayaa> short YM here @ 618 14:19

covered YM short here @608 +10 pts. 14:27

oops should have only covered 1/2 14:28

<NihabaAshi> Dark Hammer Line via 1min chart ER2 14:37

<yayaa> long YM here @ 586

<NihabaAshi> Shorts ER2 @ 808.60 -> small size

Covered ER2 Short @ 809.40 --> - 0.8 14:41

Reverse and Enter Long ER2 @ 809.40

Long ER2 @ 809.60 -> Add 14:42

<yayaa> OUT ym 586 FLAT

<NihabaAshi> That wasn't a reversal into a Long at 809.40

I covered the Short @ 809.40 and got Long @ 809.60 14:43

* sep34 is now known as sep34_away 14:44

<NihabaAshi> Exited ER2 Long @ 810.60 --> + 2.2 14:45

<Nesi> vn

<NihabaAshi> That's actually a +1.00

Still a good trade because I was able to recognize my Short was in trouble prior to its initial stop/loss being hit...allowing me to minimize the losing trade. 14:46

<yayaa> very nice move there Nih,Never fall in love with a trade 14:48

<NihabaAshi> agree 14:49

<szubaark> Exited all Long ES at 1509.50 --> - 3 «« paper »» 14:50

<Nesi> pulling back market..imho 14:51

<NihabaAshi> Dark Hammer Line again on the 1min chart 14:54

<Nesi> if u have time...Niha, can you explain to me what dark hammer means? 14:55

thx

<Guest35179> short 808.5 14:57

<NihabaAshi> It's very dynamic...need to watch the price action afterwards for any volatility spikes to help with trading.

<Guest35179> out 807.5

<Nesi> thx Niha 14:58

<NihabaAshi> Simply, don't trade the Dark Hammre Line itself...

Need to wait and watch the price action afterwards for any trade signals.

<Nesi> all this info is in the package on your website?

<NihabaAshi> No...the Dark Hammer Line is something new I'm studying/trading... 15:00

It's particular price action won't be available until I've done at least 100 trades (not backtesting...real trades). 15:01

Theres a short and long aspect to it...that means I'm looking for 100 Shorts and 100 Longs.

<Nesi> thx 15:02

<Guest35179> short 807 15:04

out 807.6 15:05

<Tim_a> emini, if you dont mind, how did you peg 1506 as resistence on spx?, on an 18 point range day, you were within 2 points 15:13

<Trader222> if there's a bounce, it's here: down gap fill to friday's close right here on ES/Dow and a logical pivot of/near SPX 1500/Dow 13,500 15:15

plus 1505es is 1/2 RTH DH/DL 1495/1515 15:16

* Trader222 Long ES 1505s

<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) 15:17

<Guest35179> short 808.2

<jperl> done for today....trades here 15:19

<Guest35179> out 807

<jperl> http://charts.dacharts.com/2007-10-22/JP ERL_0112.jpg

<Nesi> great scalping, jperl 15:20

<jperl> tx

aprox. 0.3 ticks/contract 15:22

sorry 3 ticks/contract

<rainer> Long ER2 @ 807.3 15:24

<Guest35179> short 807.1 15:25

<rainer> Exited all ER2 Long @ 806.3 --> - 1 15:26

<Trader222> jperl: the url you offered; the data to the right such as time-in-trade; do you do that or does your trade software

<Guest35179> out 806.5

<jperl> the trading software....zerolinetrader which is the front end to IB does all the computations 15:27

<Guest35179> short 808.4 15:29

<Trader222> jperl: thanks 15:30

<jperl> yw

* Trader222 out some ES 1506s +1s

<Trader222> offering more at 7.5 15:32

<Guest35179> out 809.4

<Tim_a> jperl, does zeroline help you make the trades?

<jperl> yes. I use the DOM of zerolinetradter to enter the trades with one click. 15:33

The program automatically sets a target price and stoploss as soon as I place an order. 15:34

* Trader222 out more ES Long 07.50 +2

<Tim_a> DOM?

<Nesi> like level two of futures

<jperl> DOM depth of market

* Trader222 out more ES 1508; Be rest; time to watch da APPL 15:36

<jperl> here is what it looks like.... 15:37

http://charts.dacharts.com/2007-10-22/JP ERL_0113.jpg

<Nesi> thx jperl

<Guest35179> how long have you used zeroline and has it helped in your trading?

<jperl> 3 years 15:38

wouldn't trade without it

<Guest35179> what exactly do you like about it

<Nesi> make him money :)

<jperl> one click entries, scale ins, scale outs, closes

<Guest35179> how about charting? 15:39

<jperl> It has some charting, but I use ensignsoftware for that

<Guest35179> ensign w tws datafeed?

<jperl> yes

<Guest35179> how do you like ensign? 15:40

<jperl> Been using ensign for about 4 years.....

allows me to do my own programming

<Guest35179> so are you on autotrade via program? 15:41

<jperl> no

Most of what I do involves looking at the volume distribution function

<Guest35179> using volume charting?

<jperl> no, I use standard time charts or tick charts, but I watch the volume distibution as it develops during the day..... 15:44

Complete discussion here....

http://www.traderslaboratory.com/forums/ f6/trading-with-market-statistics-i-volu me-1962.html

<Guest35179> ok, thanks, wl check it out 15:45

<jperl> yw

<Brutus> Shorts ER2 @ 812.3 «« paper »»

Covered ER2 Short @ 811.8 --> + 0.5 «« paper »»

<Guest35179> short 811.9

* Trader222 out last of daytrade ES longs 1510s +5 15:46

<Brutus> Shorts ER2 @ 813 «« paper »» 15:47

Covered ER2 Short @ 812. --> + 1 «« paper »» 15:48

Covered ER2 Short @ 812.6 --> + 0.4 «« paper »»

<Guest35179> out 813.1

<Brutus> Shorts ER2 @ 813.3 «« paper »»

<Trader222> lots of chart TA types will be happy that SPX 1490ish held today 15:49

<Brutus> Covered ER2 Short @ 813 --> + 0.3 «« paper »»

<Trader222> obvious question is today a deadcat or a bottom into this week's earnings

<Brutus> Shorts ER2 @ 814.7 «« paper »» 15:51

Covered ER2 Short @ 814.9 --> - 0.2 «« paper »» 15:52

Shorts ER2 @ 812.1 «« paper »» 15:53

oops

<Nesi> 814.2?

:}

<Brutus> Covered ER2 Short @ 811.5 --> + 0.6 «« paper »» 15:54

should be 815.1 15:55

<Guest35179> short 816.2 15:57

out 814.8 15:58

<Brutus> ============ U.S. MARKETS ACTION =========== 16:02

DJIA up 49.83 points to 13571.53

NASDAQ up 28.04 points to 2753.20

S&P 500 up 5.82 points to 1506.37

10-year T-note down 2/32 at 102 24/32 yield 4.400

NYMEX Spot Crude down $1.04 at $87.56/bbl at close

Dollar/Euro down 0.0138 at 1.4162

http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={eef1a 4e9-68f7-485d-8036-fa579325abe1} 16:03

<pdays> Shorts ES @ 1514.75 «« paper »» 16:09

Covered all ES Short @ 1513.50 --> + 1.25 «« paper »» 16:13

<werner> gn all 16:26

<NihabaAshi> Good volatility and good trading today.

Reminder -> #FuturesTrades chat room trade posting archived logs are posted @ http://www.thestrategylab.com/RecentTrades.htm (today's log will be updated tonight by 9pm est) 16:27

Take care all and see all tomorrow.

* DisconnectedSession Close: Mon Oct 22 16:27:42 2007

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