Session Start: Tue Nov 08 09:34:17 2005Session Ident: #futurestrades
* Now talking in #futurestrades09:34
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
<danshirley> European mrkts gapped up and pulled back to yesterday's close09:40

weakness blamed on Toll brothers weak outlook and wider than expected loss by Visteon09:43
<NihabaAshi>  Long ES @ 1219.50 -> small size 09:45
<danshirley>  Covered 1/2 YM Short @ 10547 --> + 10 «« paper »» 09:46
<pdays>  Long YM @ 656.5 «« paper »» 09:48
Long ER2 @ 656.5 «« paper »»
<Captn>  Shorts ES @ 1219.50 09:54
<mispe>  Long YM @ 10547 09:57
<NihabaAshi>  Exited all ES Long @ 1219.25 --> - 0.25 09:58

Don't like the price action.
<danshirley> TICK having a hard time getting above zero
its awfully late for that to still be going on
<WannaBeBOS> hey niha, is your family in france doing ok?09:59
<mispe>  Exited all YM Long @ 10552 --> + 5 10:00
<pdays>  Exited all ER2 Long @ 656.7 --> + 0.2 «« paper »»
<NihabaAshi> Yes...did a video conference with them last night.
<WannaBeBOS> thats good. good to know
<mispe> Are they in Clichy or La Courneuve ??10:01
<NihabaAshi> It's a mess there because the politicians are too afraid to use "extreme force" because they fear it may attract terrorists.
<mispe> It's a mess due to the massive unemployment !!!
<WannaBeBOS> i hear its young people too
<NihabaAshi> No matter what they do to stop it...they are walking on shells sort'uv speak.10:03
<mispe> right...

but the problem is structural !
<NihabaAshi> Things can easily get much worst than burning hundreds of cars each night to bombings of public places.
<danshirley> lke watts riots of the 60's10:04
<NihabaAshi> This price action sucks so far :(
<mispe> worse it's a big fracture in the french society !
<NihabaAshi>  Long ES @ 1220.25 -> large size 10:06
<mispe>  Long YM @ 10554 10:07
<NihabaAshi>  Exited all ES Long @ 1220.50 --> + 0.25 10:08
Not gonna hang around too long until I see a WRB produce to indicate a shift in supply/demand.
<mispe>  Exited all YM Long @ 10549 --> - 5 10:10
<jperl> that's funny jb10:16
<Captn>  Covered all ES Short @ 1219.25 --> + 0.25 10:20
<danshirley> http://www.csmonitor.com/2005/1104/p06s0 2-woeu.html10:21
^good article
<mispe> good indeed thks10:27
<Captn> yes, it is interesting.10:28
<danshirley> these kinds of problems are all over europe and could destroy the entire socisty if not solved
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.10:31
<Captn> and the young have lots of time on there hands.

 Shorts ES @ 1221.00 10:32
<NihabaAshi>  Long ES @ 1221.00 -> large size 10:33
<eminitrader>  Shorts ES @ 1221 10:34
<danshirley>  Shorts YM @ 10557 -> Add «« paper »» 10:39
<mispe>  Long YM @ 10555

Exited 1/2 YM Long @ 10562 --> + 7 10:42

 Exited Remainder YM Long @ 10559 --> + 4 10:44

 Shorts YM @ 10553 10:45
<NihabaAshi>  Exited ES Long @ 1220.00 --> - 1
Reverse and Enter Short ES @ 1220.00
Shorts ES @ 1220.00 -> Add
<Captn>  Covered 1/2 ES Short @ 1220.00 --> + 1
<eminitrader>  Covered 1/3 ES Short @ 1220 --> + 1 10:46
<NihabaAshi> That was actually a larger size reversal and not a second trade added.
<Captn>  Covered all ES Short @ 1220.00 --> + 1
<danshirley>  Covered 1/2 YM Short @ 10555 --> + 2 «« paper »» 10:51

directionless
<Captn> far too much fun10:52
<NihabaAshi> Geeesh...this price action is for the birds.10:55
<eminitrader>  Covered Remainder ES Short @ 1220 --> + 1
<jbraswell> yeah. I might go to the bookstore.
<NihabaAshi> Last trade for me until after 1pm est.
<mispe>  Covered all YM Short @ 10552 --> + 1 10:56
<NihabaAshi>  Covered all ES Short @ 1220.00 --> 0 11:00
Be back later...I think I've watch the paint dry long enough today so far.11:01
* NihabaAshi is now known as NihabaAshi_away
<mispe>  Shorts YM @ 10554 11:03
Covered all YM Short @ 10549 --> + 5
Long YM @ 10548 11:09
Exited 1/2 YM Long @ 10555 --> + 7 11:10
Exited Remainder YM Long @ 10552 --> + 4
Shorts YM @ 10551 11:13
Covered all YM Short @ 10555 --> - 4 11:17
<Captn>  Shorts ES @ 1222.25 11:22
<mispe>  Long YM @ 10559 11:26
Exited 1/2 YM Long @ 10564 --> + 5
Exited Remainder YM Long @ 10563 --> + 4 11:30
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.11:40
<danshirley> europe closed flat11:46
<jbraswell>  Shorts ES @ 1222.75 12:02
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.12:52
<jbraswell>  Covered 1/3 ES Short @ 1221.25 --> + 1.5 12:53
<Captn>  Covered all ES Short @ 1221.75 --> + 0.5 13:04
<jbraswell>  Covered 1/3 ES Short @ 1220.25 --> + 2.5 13:15
* NihabaAshi_away is now known as NihabaAshi13:26
<NihabaAshi>  Long ES @ 1221.75 -> large size 13:28

Punks...

someone jumped right in front of me and took my 1221.25 entry13:29
<jbraswell> his friend probably let him have "cuts"13:39
<eminitrader>  Shorts ES @ 1221.75 13:40
<danshirley> boy euro is way down again...good time to take a vacation in europe13:42
<NihabaAshi>  Long ES @ 1221.00 -> Add 13:43
<jbraswell>  Covered Remainder ES Short @ 1221.50 --> + 1.25 13:47
Shorts ER2 @ 658.50
<jperl> nice trade jb
<jbraswell> thank you13:49
days like today test your patience
or at least my patience
<eminitrader>  Covered 1/2 ES Short @ 1220.75 --> + 1 13:50
<NihabaAshi>  Long ES @ 1220.50 -> Add 13:51
<togglex> i don't understand how er2 dropped so fast a minute ago...
<jbraswell> ER2 is wicked quick13:52
said in my best southie accent
<eminitrader> whats driving your bullishness niha ? is it the 15 , 30 min charts ?13:53
<togglex> on my chart (ib feed), shows volume of only 65 on 5s bar of gap down, doesn't seem enough vol to take it down 4 ticks
<jbraswell>  exit stop lowered ER2 @ 657.50 13:54
<NihabaAshi> [13:53] <eminitrader> whats driving your bullishness niha ? is it the 15 , 30 min charts ?
<togglex> er, 6
<NihabaAshi> Not sure if anyone has noticed in here that I've been commenting lately about Market Breadth...13:55
<jbraswell> see if i can get to LOD

yeah I have Niha...
<NihabaAshi> I'm testing a "new workstation" made up of ONLY market breadth indexes and no Emini charts...
<eminitrader> ok13:56
<NihabaAshi> Been using it since Monday...very difficult transition.
<jbraswell>  Covered all ER2 Short @ 656.80 --> + 1.7 13:57
<NihabaAshi> It's the main reason why I haven't been trading EuroFX, ER2 and such...
ES responds better to the market breadth stuff.
<jbraswell> might i ask what you use besides TICK?13:58
<NihabaAshi> VIX, VXN, Advance Decline lines NY and NQ along with the big contract SP.
No eminis charts...just trading off market breadth info :)13:59
<jbraswell> i guess VIX would be a breadth indicator, never thought of it as such
<NihabaAshi> Will conclude this big experiment after I make a few adjustments and probably try it again when the next time theres a week with a LONG gap of no key economic indicators.14:00
This week was perfect for such...
Tomorrow at 1030am est is the first "key" econ report of the week.
<jbraswell> using standard overbought and oversold levels?14:01
<NihabaAshi> Thus, tomorrow around 1015am est I'll switch back to my normal trader workstation.
No14:02
<jbraswell> divergence then?
<NihabaAshi> No.
<jbraswell> you're the brooding mysterious type14:03
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.14:04
<eminitrader>  Covered 3/4 ES Short @ 1221.75 --> 0 14:10
<NihabaAshi>  Exited all ES Long @ 1222.00 --> + 1.75 14:16
* Captn is now known as captn-afk15:03
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.15:16
<danshirley> ..15:52
<X>  #FuturesTrades Info -> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position. LURKING not allowed..strictly enforced.16:28
* DisconnectedSession Close: Wed Nov 09 03:12:53 200517:32