Session Start: Thu Nov 10 08:34:59 2005Session Ident: #futurestrades
* Now talking in #futurestrades08:34
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
#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.08:52
<pat255> gm all09:12
* danaway is now known as danshirley09:15
<danshirley> U.S. stocks are heading for a nearly flat opening Thursday, in a continuation of the hesitant price action seen earlier in the week, after news of a drop in profits at Cisco Systems and that General Motors will have to restate earnings.
* jbraswell_away is now known as jbraswell09:16
<danshirley>  (MarketWatch) - Natural disasters and labor strife combined to push the U.S. trade deficit into record territory in September, a government report showed Thursday.09:17

Prices of goods imported into the United States fell 0.3% in October as the price of imported petroleum dropped 4.4%, the Labor Department said Thursday.09:18

Mich consumer sent at (:45

9:4509:19

:)
<PapaJon> gm all09:31
<jbraswell> gm
<NihabaAshi> I think yesterday's afternoon sell-off had a little to do with the Jordan terrorist blast.09:32
Will be looking for the market to retest yesterday's highs because its not uncommon to see the market retrace back to the price area before a terrorist attack.09:33
<danshirley> Banc of America raised its 2-year bankruptcy risk for General Motors09:35

to 40% from 30%09:36
<jbraswell> good notes, niha09:38
<NihabaAshi>  Long YM @ 10575.00 -> small size 09:42

exit stop moved to breakeven YM @ 10575.00 09:45
<pat255> nice niha ym leading
<danshirley> UMICH NOV. CONSUMER SENTIMENT INDEX 79.9 VS. 74.2 OCT09:48
<NihabaAshi>  Exited all YM Long @ 10585.00 --> + 10 09:49
<danshirley> European mrkts are up today and holding09:56
<szubaark_>  Long YM @ 10580 10:01
<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.10:04
<szubaark_>  Exited all YM Long @ 10572 --> - 8 10:05
<NihabaAshi>  Shorts YM @ 10573.00 -> small size
<szubaark_>  Shorts YM @ 10572
<NihabaAshi> If I catch a pt1...looks like it will be a shallow (small profits) one.10:06

Covered all YM Short @ 10570.00 --> + 3 10:08

Got no more YM quotes...crazy :(10:10
<szubaark_>  Covered 1/2 YM Short @ 10562 --> + 10
exit stop moved to breakeven YM @ 10572 10:11
<danshirley> ER@ looking really weak here10:14

ER2
<NihabaAshi>  Shorts ER2 @ 654.30 -> large size 10:15
Staying away from YM because the quotes and charts are questionable.
Drop news related ???
<danshirley> I have nothing new wise10:16

Crude is actualy down...European mrkts are now in neg territory10:17
<NihabaAshi>  Covered 1/2 ER2 Short @ 653.60 --> + 0.7 10:18
exit stop moved to breakeven ER2 @ 654.30 10:19
Trailing Stop Hit ER2 @ 654.30 --> 0 10:20
<TLTrader>  Long YM @ 10547 -> small size 10:25
<jbraswell>  Long ER2 @ 654.50 -> small size
<mispe>  Shorts YM @ 10549 10:29
<jbraswell>  Exited all ER2 Long @ 654.90 --> + 0.4 10:30
<NihabaAshi> Market proved me wrong via testing the intraday lows of yesterday in comparison to testing the intraday highs of yesterday :(10:31

Then again...haven't gotten any Long signal to go large size on...nothing worth the risk.
<mispe>  Covered all YM Short @ 10553 --> - 4
<TLTrader>  Exited all YM Long @ 10553 --> + 6
<pdays>  Long ER2 @ 654.7 «« paper »» 10:32
<szubaark_> Russell leading so far10:33

Covered all YM Short @ 10549 --> + 23 10:35
<jbraswell> nice szu10:36
<szubaark_>  Long YM @ 10551

thanks
<jbraswell>  Shorts ER2 @ 654.30 10:43
<mispe>  Shorts YM @ 10546 10:45

Covered 1/2 YM Short @ 10540 --> + 6

Covered Remainder YM Short @ 10546 --> 0 10:47
<szubaark_> not much followthru from sellers so far10:48
<jbraswell>  Covered all ER2 Short @ 653.40 --> + 0.9

here's a trade from a bit ago...10:49

Long ES @ 1220.25

Exited all ES Long @ 1217.75 --> - 2.5
<TLTrader>  Long YM @ 10554 -> small size 10:55
<NihabaAshi>  Long NQ @ 1630.00 -> large size

trade error :(10:56

Looking to dump this.

Exited all NQ Long @ 1630.50 --> + 0.5 10:58
<mispe>  Shorts YM @ 10554
<jbraswell>  Long ES @ 1220.25 10:59
<TLTrader>  Exited all YM Long @ 10556 --> + 2
<eminitrader>  Shorts ES @ 1220 11:00
<szubaark_>  Exited 1/2 YM Long @ 10556 --> + 5
exit stop moved to breakeven YM @ 10551
playing it save, this is possible area for pullback again.. hehe11:01
<jperl> ER2 approaching VWAP 656.2011:02
<jbraswell>  Exited all ES Long @ 1220.50 --> + 0.25 11:03
<pdays>  Exited all ER2 Long @ 655.7 --> + 1 «« paper »»
<szubaark_>  Exited all YM Long @ 10551 --> 0 11:04
<mispe>  Covered all YM Short @ 10554 --> 0 11:05
<eminitrader>  Shorts ES @ 1221 -> Add 11:08
<jperl> http://www.charts.dacharts.com/2005-11-1 0/JPERL_014.png11:09
<danshirley> Ym had the same exact bouce off 10538 yesterday morning11:11
bounce
<eminitrader>  Covered 1/2 ES Short @ 1220 --> + 1 11:12
<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.11:13
<jbraswell>  Shorts ES @ 1219.75
<szubaark_>  Shorts YM @ 10555 11:18
<eminitrader> man i dont have the patience for these lunch time trades11:25
<jperl> ER2 approaching -1st StDev of VWAP 653.7011:27
<NihabaAshi> May get disconnected here...got some major ISP problems.11:28
* Disconnected 
* Attempting to rejoin channel #futurestrades11:29
* Rejoined channel #futurestrades
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
<szubaark_> huh? 2 niha's11:30
<NihabaAshi_away> I'm done trading early again today...been spending more time doing battle with my ISP problems instead of staying focus on trading...
* DisconnectedSession Close: Thu Nov 10 11:41:16 200511:31
 Session Start: Thu Nov 10 12:44:22 2005Session Ident: #futurestrades
* Now talking in #futurestrades12:44
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
<NihabaAshi> I had some major ISP and Othernet problems.
Attention: If you ever get disconnected or can't log into Othernet and you get a K-Line or Clone message...12:45
That means the Othernet folks thinks you have multiple computers (clones) and they have essentially BANNED you.12:46
What you need to do is use your dial up instead of your regular ISP and then log into the Othernet #Help room and ask them to remove the K-Line Ban.
That's what just happend to me :(12:47
In fact, we have lost about 5 regular members because of such a k-line ban and I'm unable to contact them because they are using a different email address :(
Just a heads up on the Othernet folks new security measure to control Hackers.12:48
<Captn> well, thats good info to know, will make a note of that.12:50
<PapaJon> Hey cool... I just found a reasonably good vwap plot for eSignal... FINALLY!12:51
<Captn> I often log on to othernet using two computers and monitor different channels on each. Maybe could happen to me...12:52

Where papa
<PapaJon> let me get a link12:53
<Captn> Found one for tradestation that is excellent
<PapaJon> http://share.esignal.com/groupcontents.j sp?folder=Formulas-EFS2&groupid=10
http://share.esignal.com/groupcontents.j sp?folder=Formulas-Libraries&groupid=10
The first one is the .efs files, the second one is the librarys that you need to download as well12:54
<NihabaAshi> [12:52] <Captn> I often log on to othernet using two computers and monitor different channels on each. Maybe could happen to me...
<PapaJon> otherwise... the .efs studies wont work
<NihabaAshi> Captn...Yes.

Othernet only allows a 3 computer limit per person...

After that...they K-Line you if you exceed 3 log ins.12:55
<Captn> Ah, so if only 2, should be ok
<NihabaAshi> No...here's why.\
<Captn> and I am a registered user..
<NihabaAshi> I use two computers...but if I have ISP problems and get temporarily logged off then back on...

It will show me twice in the room...do you remember szu earlier message..."there are two Nihas..."12:56
<Captn> ah yes,
<NihabaAshi> Essentially there's only two computers but 4 of me...

Reason why I got K-lined because I exceeded 3.12:57
<Captn> so that could happen with only one computer if multipule disconnects
<NihabaAshi> Bingo12:58
<Captn> ok, good info
tx
<m618> that's good to know.
<NihabaAshi> Just remember to use your Dial up to contact the #Help room if that happens to you because they don't K-Line dial-ups.12:59
<Captn> k13:00
<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.13:37
<jbraswell>  Long ES @ 1227.00 13:40

this time of the day, just gonna jump in looking for a parabolic move13:41

maybe test y's high in this multiday range13:43

Exited all ES Long @ 1228.75 --> + 1.75 13:49

in might run, but i'm down today and fear it continuing the range
<jperl> ER2 at +2 StDev 660.50
http://www.charts.dacharts.com/2005-11-1 0/JPERL_017.png13:51
<PapaJon> thnx jp
<jbraswell> yeah
<NihabaAshi> I'm sidelined and watching this thing go up due to ISP problems...13:56

Two days in a roll I can't trade this strong price rises after getting a Long signal.13:57

I still have a "strong bullish bias" until November 14th Monday.13:58
<jbraswell> you and your moon phases :)14:01
<NihabaAshi> :)14:03
<jbraswell> maybe it's a big canadian tax day
<NihabaAshi> Statistically by November 14th Monday is when the market has made most of its so call "last three months" of the year rally gains.14:10

Stats good since 1990.
<jbraswell> ah. interesting niha14:11
<NihabaAshi> Therefore, after Nov 14th...I'm no longer with a "strong" bullish bias.
<jbraswell> well, that date looks like its roughly going to match up with the test of various bearish patterns on the daily charts
should be interesting
<NihabaAshi> I have a friend after many years of ignoring my stats...14:13

This year he went Long in ER2 @ 627.40 (10 contracts)...14:14

He's still Long :)

He's taking my family out to a very nice dinner the 3rd week of November at a 5 star restaurant.14:15
<jbraswell> wow14:16
<NihabaAshi> Wish it was me that took my own advice :(14:17

Maybe next year :)
<jbraswell> well, at least order a nice appetizer
<NihabaAshi> I've heard the place has $500 dollar bottle of wine...14:18

I'm gonna find out that night :)\
<PapaJon> what the heck... everything died?... looks odd...14:22
everyone must be pondering the treas budget report...14:23
<NihabaAshi> Usually it moves the market...weird how the market is just sitting still.14:24

Price action after 2pm est is strange.

Papa...my data vendor is dead again (more ISP problems) and my cable TV is on the blink :(14:29

Reason why my data is stuck.
<codehead> naz broke out dec high
<PapaJon> price starting to move now14:30
<NihabaAshi> Switching to dial-up on other computer...
<PapaJon> Geeze Niha... you sure been having isp probs now for a long time... it must be driving you nuts14:31
<NihabaAshi>  Long ER2 @ 665.80 -> small size 14:32
Exited all ER2 Long @ 666.30 --> + 0.5 14:34
Papa...yes...
Can't dump them because I'm locked into a contrct that if I break it before June of next year...I forfeit 40% of payment.14:35
All they do is give me one day credits whenver its down for 6 straight hours...which it never is.
<PapaJon> argh!
<NihabaAshi> Will go strictly DSL next time.14:36
<PapaJon> what you have now? cable?
<NihabaAshi> Cable and Cable Digital.14:37
<PapaJon> hmmmf
<NihabaAshi> Hasn't been the same since that lightning strike that took out their main system a few months ago.
<PapaJon> I thought cable was spose to be pretty good

we dont have cable avail where we are
<codehead> i've seen ER turn int he mid 666 area a few times, both directions14:38
in the past
<PapaJon> agree codehead...
<codehead> people get nervous wiht that number?
666.7-ish
often
<PapaJon> must be that 666 mark of the beast thingy
<codehead> so you've noticed that to, not just my paranoia
<PapaJon> no.. i havent noticed anything.. what u talkin bout?14:39
<codehead> for fun
<PapaJon> j/k
<codehead> lol
<PapaJon> maybe you should consult with les

he's a shrink
<codehead> :-/14:40
<PapaJon> lol

interesting thing is... today.. my 5day pivotpoint is 666.1 and another sites VAH is 666.114:42
<codehead> not worth watching a paper short14:44
breaking down a little, target was jsut a pt, got bored14:45
<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.14:46
* NihabaAshi is now known as NihabaAshi_away
<codehead> there's 665
<jbraswell> still strong14:59
i keep pissin in the wind here
<jperl> ER2 has had several upside bounces off the +2 StdDev15:04

http://www.charts.dacharts.com/2005-11-1 0/JPERL_018.png
<jbraswell> i take it that's pretty rare, j?15:09
<jperl> yes...doesn't happen that often this late in the day15:10
<jbraswell>  Shorts ES @ 1234 15:11
<codehead> bond call is bearish and strong15:40

for indices tomorrow

short term
<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.15:58
<jbraswell> i guess this one goes into overtime16:14
<jperl> Final ER2 VWAP chart for the day showing move back down to 1st STDev16:20
http://www.charts.dacharts.com/2005-11-1 0/JPERL_019.png
<m618_> bye all16:29
<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.17:10
#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.18:22
#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.19:34
#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.20:46
#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.21:58
#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.Session Close: Fri Nov 11 00:00:00 200523:07