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#FuturesTrades November 13th Monday 2006 Trade Log

#FuturesTrades is a private and free realtime trading posting chat room on the IRC Othernet server that allows traders from all over the world to communicate.

Click here for the instructions on gaining access to #FuturesTrades.

In addition, trades posted by members of #FuturesTrades in the below trade post chat log are by traders that do not have access to TheStrategyLab.com strategies except for NihabaAshi.

Fee-based clients of TheStrategyLab.com strategies use the private IRC rooms called #TheStrategyLab and #SwingTradingTSL.

Further, you'll find below the chat room time stamped text log of realtime trades (real money and simulator) that were posted by full-time, part-time traders from around the world and the timestamp is eastern standard time (est).

Also, below NihabaAshi's trading blog like comments, you can read the time stamped trades (prices, entries, exits et cetera) and market discussions that sometimes contains trading tips or insights that are more useful than what you will see at any other futures blog or chat room.

Trading Blog Below is not your traditional trader's blog in the usual blog format. However, you will find informative commentary on a few occasions as time permits and such will contain trading tips that should help your trading as I attempt to sum up my thoughts as I traversed from the first trade to the last trade that was posted in #FuturesTrades realtime trade posting chat room.

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ER2 EuroFX EC

+4.00 +0.0000

$400.00 $0.00

Crystal Ball for December and January

Profit/Loss Blotter

ER2 volatility is becoming more understandable and tradable.

Yet, there aren't many opportunities due to the low volatility market seasonal tendency of November market environment.

Thus, I'm just taking it easy for the rest of the trading month especially since I've already reached and surpass my profit goal for the month.

I'll go back to normal trading (increasing the position size) in December and January.

Today's results (real money and simulator trading) shown above are that of NihabaAshi only. To see his total accumulated points for the month of November...click here. To see results for the months of 2006 and prior years...click here.

Commentary by M.A. Perry (a.k.a. NihabaAshi)
intradaystrategies@yahoo.com
Note: Each month there are a few trading days that we consider to involve interconnecting key price action of different markets and such is represented by a particular type of price action from one of the key markets. You can view the charts and their clues that's associated with the key price action at our key market archives.

Session Start: Mon Nov 13 09:34:01 2006Session Ident: #futurestrades

* Now #FuturesTrades purpose and benefits...click here. 09:34

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

#FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (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, QQQQ, SPY)

<szubaark> Shorts NQ @ 1758 «« paper »»

<pat255> gm all..

<szubaark> Covered all Short NQ at 1758 --> 0 «« paper »» 09:36

<NihabaAshi> Long ER2 @ 770.90 -> small size 09:39

:(

Long ER2 @ 771.70 -> Add 09:40

Exited 1/2 ER2 Long @ 772.50 --> + 0.8 09:42

Exited ER2 Long @ 773.40 --> + 2.5 09:43

Holding 1 contract Long

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<jperl> Long ER2 @ 773.0 «« Simulation »» 09:45

<RussellDaytrade> Shorts ER2 @ 772.5 «« paper »» 09:47

<szubaark> Buys NQ @ 1767.75 «« paper »» 09:52

<NihabaAshi> Anybody know why the FTSE-100 futures or the FTSE-Eurofirst futures declined dramatically.

???

<asuni> no

<ItalianSharp> niha, i dont...i am wondering that myself

<yo> no niha

<szubaark> exit stop set NQ @ 1767.75 «« paper »» 09:53

Tight Stop

<ItalianSharp> niha, my guess is that oil is taking a beating today and a big part of FTSE100 are companies like BP and other oil companies 09:54

<RussellDaytrade> Shorts ER2 @ 773.9 -> Add «« paper »»

<NihabaAshi> Exited Remainder ER2 Long @ 774.10 --> + 3.2

<szubaark> Exited all Long NQ at 1769.50 --> + 1.75 «« paper »»

<pat255> vn niha... 09:55

this dial up connection sucks..@office 09:59

<szubaark> Niha nice entry on Long.. was that "pattern" signal or "intuition"?

<NihabaAshi> FTSE-100 futures dropped dramatically due to its PPI Input/Output key economic report release. 10:00

szu...it was a pattern signal.

<RussellDaytrade> Shorts ER2 @ 775. -> Add «« paper »» 10:02

<szubaark> i chased but due to volatility and right direction i got some points on it

<jperl> exit stop moved to breakeven ER2 @ 773.1 «« Simulation »» 10:05

<Brutus> Nasdaq new multi-year highs 10:08

<john99> GoodMorning,,SMH lead the way up this morning, NQ, YM strongest, ER2 looks weakest 10:09

12180 resis for ym, ER2 at resis on 5 day. 10:10

pullback after 10:15-10:30,,23-38% retrace,,that's what I'm thinking 10:11

ER2 best short unless breakout

Shorts ER2 @ 765.9 10:13

<szubaark> 765? u mean 776?

<john99> no 10:14

giving it 6 min,

lots of vol up here 10:17

new smh high,

<szubaark> Shorts NQ @ 1776.25 «« paper »» 10:18

<pat255> later guys ty back to work..

ty all

<szubaark> aggressive short.. looking for small pullback 10:19

exit stop set NQ @ 1776.25 «« paper »» 10:21

Covered all Short NQ at 1774 --> + 2.25 «« paper »»

<john99> Covered all ER2 Short @ 775.2 --> - 9.3 10:22

oops

Covered all ER2 Short @ 765.2 --> + 0.7 10:23

10:15 may have been high

for next few hours 10:24

sorry, my #'s on er2 were suppose to be 775.9 and cover at 775.2 10:25

775 23% retrace

773.8 38% retrace

looking for ym dub top 10:26

all indices near 5 day res. 10:29

* codehead_afk is now known as codehead 10:30

<Brutus> Yeah John, when ER gets near 776.5 I will short again 10:31

Should break 775

<john99> it prob wont go back up there 10:32

es is strong 10:34

<Brutus> Hoping for a spike up on ER to that 10:35

<szubaark> consolidating for another run up

<john99> here comes

<Brutus> Then Watch ER will dump a

<john99> new highs 10:36

er2 leading

<jperl> Exited ER2 Long @ 777.0 --> + 4 «« Simulation »»

I'm done for the day

<john99> nice job jperl

<jperl> tx

<szubaark> nice jperl.. u trying new strategy?

<jperl> always nice when new strategy works so well the first time out

<szubaark> :)) 10:37

<john99> we could go another 4pts,,to 780,,, NQ weakest now 10:38

twe could just trend up all day, the tick is bullish very bullish this morning 10:40

<Brutus> I'm looking for 774

<john99> did u take the short

<Brutus> No just for your reference 10:41

<john99> all major etf positive except xle and xlp 10:42

<Brutus> Took the short on the first top

Have passed my daily goal :)

<john99> maybe short on next tick high

lots of vol up here

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<Brutus> Sideways then a rapid drop or 10:43

<john99> just saw 2 block trades go threw

<Brutus> or up :) 10:44

<john99> waiting 2 min

<Brutus> No its out of gass

Thats what I was looking for\ 10:46

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<john99> Shorts ER2 @ 775.5 10:48

Covered all ER2 Short @ 775 --> + 0.5 10:50

prob should have held 10:51

covered at tick high

didn't like price action thou

<Brutus> ES Bull flag? (5min) 10:52

<john99> I see it, 10:53

looks better on ym 1 min

:)

er2 weakest

er2 was strongest last week 10:54

and ym weakest last week

er2 at 23% retrace

<Brutus> I dont think of it like you do 10:55

Next leg up?

As what sometimes lags then gets some balls and leads

<john99> I know what your thinkin, 2 legs, 1up, consolidate, 2nd leg 10:56

<Brutus> Yes

But Lead up to a pivot point and prior action is what I use to judge

<RussellDaytrade> gotta step out, covering at 773.6, if triggers 10:57

<john99> looks like a good setup, ticks are strong, we're getting close to a second leg if ur right

<Brutus> Although ES has a large range so on that I am doubtful of whats left 10:58

<john99> looking for volume to confirm

er2 has another 4pts up for an avg day.

watch 11am,,,maybe buy tick low 10:59

going long next pullback 11:02

might not get it

<jperl> Since 9:40, ER2 has not touched or dropped below its VWAP 11:03

now at 774.34

Friday we had a 10 pt range on ER2, today 8.1 so far 11:04

<john99> here we go 11:05

<jperl> smallest range in last 10 days was 8.0 on November 2 11:08

<john99> we'll I guess not

<Brutus> Lunch time brakeout may be likely, watch for it around 1200

<john99> there was a big block trade at the spike

er2 still weakest

ym and es aren't moving 11:10

lets see if ym and es can shake some longs out 11:12

<jperl> ER2 at VWAP 774.38

<john99> 774 is 38% retrace 11:13

<jperl> holding at VWAP 11:14

<john99> vol here 11:18

<jperl> still holding at VWAP 11:19

This is where I used to get whipsawed to death in my early trading days 11:20

<john99> I feel like going short 11:24

on er2,,ym isn't bugging past 12190 11:25

here comes volume,,,,we should get a direction

<jperl> ER2 still holding at VWAP 11:26

<john99> smh at key level

smh= 33.95

773.8 just hit, ym unchanged for the last 80min 11:28

<RussellDaytrade> Covered all ER2 Short @ 773.6 --> + 0.3 «« paper »» 11:29

<john99> ym to 12180 11:30

<RussellDaytrade> i think 770 is a real possibility today 11:36

<jazz1> hi guys 11:37

<jperl> we've already been to 769.10 11:38

<Brutus> Thinking pivot here then new highs after 1200 but only by a tick or two on ES 11:40

<john> er2 should bounce off 772 area, ym best long, 11:41

smh at 33.87, probly go to 38% retrace around 33.8

smh has no strong support below until 33.78 11:43

ym 12180 hit 11:44

er2 772.2 hit 11:45

<Brutus> Long ER2 @ 772.3 «« paper »»

<john> that's probly a good trade, going to wait for smh to go lower 11:46

going long on YM instead of er2 probly

<jazz1> whre do you see support?

<Brutus> Dont know, Just using rubber band theory 11:48

<john> support is opening price

~771

<jazz1> simply a fib here 11:49

<john> 773.8 resistance

<Brutus> Exited ER2 Long @ 772.8 --> + 0.5 «« paper »» 11:51

<john> anyone watching CNBC 11:52

?

<Brutus> I have fibs on the chart but they are only a minor guide 11:53

I mainly watch price action and volume

<john> smh at 23% fib

<Brutus> I like many factors to come together for an entry

<john> well so far 61% fib was good 11:54

so was 12180

<Brutus> Why was 50% no good?

<john> it never is

if it goes below 38%, 50% is going to be taken out most of the time

going to short 11:55

<Brutus> No 50 is good in some setups

<john> missed short 11:57

maybe 2nd chance

773.8 short limit in 11:58

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<john> going to wait

tick look bullish 12:02

<Brutus> I would like to see others post their trades and give analysis, is that fair? 12:03

<john> definetily 12:04

<jazz1> how long you've been trading brutus? 12:05

<Brutus> 11 months futures

prior 1/2 year stocks full time

<jazz1> I mean real no paper

<Brutus> All real 12:06

<jazz1> ok

<Brutus> The last was paper as I made my pofit goal today

<john> potential run up,??

<jazz1> are you trading niha stuff? 12:07

<Brutus> No self taught, stuff from ET bords

boards

I am proud of that part :) 12:08

<jazz1> good luck 12:09

<Brutus> ES could have a spike/move up 12:12

But ER weakness may indicate an afternoon sell off 12:13

<john> I have no clue where we are going, still have bullish bias, 12:10 normally is a good reversal time. 12:14

<Brutus> Flat to down then more likely up in the afternoon 12:15

<john> u r probly right 12:18

<jperl> ER2 is below todays VWAP 774.18... 12:21

so bias is to the downside

<john> I think the upside has more potential unless 772.2 is taken out. 12:22

<jperl> only will have more "potential" if there is a closing bar above the VWAP 12:23

<john> on what time frame, we are there right now 12:24

<jperl> whatever time frame you trade on

and yes we are there now

<john> looking to buy 3min pullback 12:27

we are at 23% retrace,,,this is normally strong resistance, 12:28

Shorts ER2 @ 775.3 12:29

<RussellDaytrade> Shorts ER2 @ 775.6 «« paper »» 12:30

buy stop to enter long ER2 @ 776.3 «« paper »» 12:34

cancelled all open stop orders «« paper »» 12:36

<john> Covered all ER2 Short @ 775 --> + 0.3

that was a block trade down 12:37

<RussellDaytrade> Exited all ER2 Long @ 774.8 --> - 1.5 «« paper »»

<john> wait for vol to dry, this thing may go higher 12:38

<RussellDaytrade> that should be a close short at + .8, that buystop limit above the market was not triggered, nor was it meant to be, i was looking for an add short above 776, etc

<john> I saw your original short,, 12:39

looks like we both got it

u had better entry

smh has strong linear up trend 12:41

<RussellDaytrade> was looking to add, may get it again.

<john> looking long entry around 774.4 12:43

<RussellDaytrade> ask and thou sahll recieve 12:44

<szubaark> hey Brutus u doing real good being Profitible after only 2+ years..

<john> here comes

brutus this is your bull flag on er2 1min 12:45

trend line underneath

volume drying

Long ER2 @ 774 12:48

ym breaking,,,yikes

<jperl> ER2 VWAP 774.25 12:49

<szubaark> ES isnt big help either 12:50

<Chilly> good afternoon folks ... er2 15m working on possible 2-swing bull flag / ABC correction .. if longs have any juice left ;)

<john> Long ER2 @ 773.4 12:51

Exited 1/2 ER2 Long @ 773.9 --> + 0.5

<Brutus> Confusing the last move, will have to watch the 1300 play develop 12:52

<john> nnot good for me 12:53

<Brutus> Es could go to 1385 and ER break 772

And then have that bounce in the close 12:54

<john> holding this piece of junk 13:00

<Brutus> Once it comes down to 772.0 again and breaks it will have a drop 13:02

<john> 38% retrace on ym hit

bouncing

agreed brutus

<Chilly> yup 13:03

<szubaark> hey guys great commentary.. keep it up

<john> still holding 1 needs to get back to 773.5 13:04

holding 1 long

needs to beak 773.1 13:05

for my long

<Brutus> I am bullish for the week, I think Tues PPI will ahve a big gap up.

Thurs CPI 13:06

Tues or Wed will be a big trend day if PPI is good

Naz new highs today SPX will follow imo 13:07

<X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (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, QQQQ, SPY)

<RussellDaytrade> in think there's too much overhead res for the day to clear to nh's, think it'll weigh it down. 13:08

<Brutus> Not today tues or Wed

<NihabaAshi> Long ER2 @ 773.00 -> small size 13:09

1 contract only

<Brutus> Today a close on ES +3 to 0 my guess

<RussellDaytrade> probable stay rangebound, perhaps lower than midpoint?? thought earlier we'd see 770, but thought it would happen on that initial drop, amy still get it, may just be delayed. 13:11

lower than midppoint on the close, RB between todays h-l.

<john> 1pm low? I hope so for my long

we will find out diection in next 3 min 13:12

sell limit at 774 for last contract 13:13

ym 38% fib having slow bounce 13:14

<Brutus> No up volume yet

<john> yes, waiting for vol

<Brutus> Another test at least imo

<szubaark> 772 re-test?

<john> nop 13:15

<NihabaAshi> Exited ER2 Long @ 773.30 --> + 0.3

<Brutus> but slightly bullish for the afternoon

<john> not yet

<szubaark> Niha that was quick

<NihabaAshi> Yes...sticking to the plan about trading the low volatility of November via quick trades until the volatility shows up. 13:16

<szubaark> got disconnected .. 13:17

<NihabaAshi> I think I'm done for the day...need to go do some personal stuff and have lots of website work to do.

* NihabaAshi is now known as NihabaAshi_away

<szubaark> 772 re-test coming up 13:21

<john> stop at 772.2 13:23

<Brutus> Renniks ET Journal Mon. 11-13 1:19pm Dow+31 "The afternoon "BALL" is NEGATIVE calling for WEAK Market action into the Close. Look out below fellas." 13:28

If it breaks 772 reverse?

<RussellDaytrade> you got a link to that brut? 13:29

<szubaark> who is William Rennick?

<Brutus> http://www.elitetrader.com/vb/showthread .php?s=&postid=1263939#post1263939

He subscribes to a market timming service 13:30

Is allowed to post the afternnon call

Not a bad hit rate

You can use it to confirm your bias

<RussellDaytrade> well, that kind aligns with my outlook for today. what's the quick and dirty definition of 'ball'? overhead res of some sort? 13:32

<Brutus> If it breaks then sideways say, after 1400 it will get some legs so don take profits early 13:33

Ball as in crystal ball, it is the service

Shorts ER2 @ 772.6 «« paper »» 13:34

Poor entry, thats why I dont like position trades 13:36

<RussellDaytrade> if it breaks these lows of past 40 minutes, may get a quick measured move down of approx 2 bucks, buck and a half 13:38

<szubaark> still no Volume. Dangerous to enter any trade 13:43

<john99> long 2

this is crap 13:44

<Brutus> Short is looking good

Many stocks on a down trend

Watch out below 13:45

<szubaark> john.. what is your entry?

<john99> 773.1

crap

<szubaark> low volume..could be fakeout 13:46

<Brutus> 1400 it should get some legs 13:47

<john99> tto the down side

?

<Brutus> Can be sidways fakes till then

yes

Stop at 773.4 13:48

<john99> looks like a fakout,

I'm going long on next tick low,,, 13:50

needs to break 773.4 for upside breakout

<Brutus> Covered ER2 Short @ 773.4 --> - 0.8 «« paper »» 13:51

<jperl> ER2 at VWAP 774.05

<szubaark> fakeout :(

<Brutus> Go long

<szubaark> Buys NQ @ 1772.50 «« paper »» 13:52

<Brutus> The low followthrough volume was the best indication

Good call Szu

<john99> what a bunch of crap that was,,,,BACK to positive thou,,,yeah me

<szubaark> wait waiting for a shakeout.. need followthru now

john.. you live, you learn 13:53

<john99> i got stopped out of 1 contract, but held 1 and then added when get got the big spike

we've got a descending trendline on top of all indices 13:54

I orginally bought because ym was at 38% retrace, normally bounces and it did 13:55

<RussellDaytrade> Shorts ER2 @ 774.9 «« paper »» 13:56

<Brutus> Scaling out profits on a second leg of a sharp move on high volume is a good idea imo 13:57

<john99> I'm out of all my longs

what's your target RD,,?

<RussellDaytrade> not much, scalp 774.3 or so

Covered all ER2 Short @ 774.3 --> + 0.6 «« paper »» 13:58

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<john99> ur there

nice

<RussellDaytrade> i think the real fake out was to the upside just now

<szubaark> 2pm Treasury Budget

<john99> it looks that way with the trendline on top, however tick is storng 13:59

strong

<Brutus> You could be right RD good observation

<john99> 3rd wave down

<RussellDaytrade> i am only taking short trades, and only when it spikes up

<john99> fed budget #'s just came out 14:00

<Brutus> NQ has been lagging 14:01

<john99> lets see if 773.4 holds 14:03

<szubaark> not getting followhtru i wanted :(( 14:04

<jperl> ought to rename the VWAP line the whipsaw line

<john99> today has been real choppy 14:07

er2 stronger than ym 14:08

<RussellDaytrade> jp. i think if you can develop a sense of which 'polarity cycle' that vwap is in at any/certain times, (attracting or repeling), that it can give good signals.

<john99> er2 block trade, ym weak now 14:12

<szubaark> Exited all Long NQ at 1769.50 --> - 3 «« paper »» 14:13

:((

<john99> I would hold 14:14

er2 not bugging

Long ER2 @ 775.1 14:15

<szubaark> frikin chop 14:17

<john99> Long ER2 @ 775

Exited 1/2 ER2 Long @ 775.2 --> + 0.2 14:18

<Brutus> Not much confirmation

<X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (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, QQQQ, SPY) 14:19

<szubaark> Buys NQ @ 1771.75 «« paper »» 14:20

<RussellDaytrade> Shorts ER2 @ 775.6 «« paper »»

<john99> Exited 1/2 ER2 Long @ 775.6 --> + 0.6 14:21

<szubaark> exit stop set NQ @ 1771.75 «« paper »»

Exited all Long NQ at 1771.75 --> 0 «« paper »»

not going anywhere :((

taking a break.. too much crap 14:22

<john99> I agree, eyes are getting sore 14:23

oil closes soon,,,its coming down 14:25

anyone think we got a 2:33 rally?

I've gotta go in about 30min 14:26

<Brutus> I was expecting a weak long/chop above and a strong sell below the 772 line

That ball is crap :( 14:28

<john99> 38% on ym is holding, AMEX tick coming up strong, oil going down

smh coming up strong, new highs soon,,oil closing,, 14:30

<RussellDaytrade> Covered all ER2 Short @ 775 --> + 0.6 «« paper »» 14:32

Shorts ER2 @ 776.1 «« paper »» 14:34

<john99> I'm thinking long 14:35

<RussellDaytrade> just trading, no setup or edge here

.5 point's are enough for me right now

<john99> nice

<Brutus> You seen how I do 0.5 to 1 pnt right 14:36

<RussellDaytrade> Covered all ER2 Short @ 775.7 --> + 0.4 «« paper »»

<Brutus> Well today I waited for a nice setup, high probability for 1 point on the ER

and put 10 contracts on it. 14:37

4 mins later I was done

<john99> way to go 14:38

<Brutus> Stop was like 0.5 ticks

points

<RussellDaytrade> first thing in the am??

<john99> that's a tight stop

<RussellDaytrade> spike up through 771?

<Brutus> 10:16 top in ER

<RussellDaytrade> short sale??

<Brutus> A short 14:39

Wanted to go long but hesitated

in the morning

<RussellDaytrade> entry?, exit? 14:40

<Brutus> But look at Rd trades they dont move many ticks agains him

<john99> Long ER2 @ 775.2

<Brutus> and 0.5 to 1 point is all you need

<RussellDaytrade> was way early on the first 2 trasdes this am, 4 bucks early!! on the first. 14:41

<Brutus> Yes so wait for a high probability setup know your stop and go for it

<RussellDaytrade> thx brut, was too busy paper trading to take the real trade this am. 14:42

<john99> Exited all ER2 Long @ 775.7 --> + 0.5

<RussellDaytrade> that spike up to 776 was a good one also

to sell into that is.

<Brutus> Trade was short 10:16:40 776.4/776.5/776.6 14:43

<john99> I think we're gonig higher into 3pm

<Brutus> 10:22:01 cover 775.5

<RussellDaytrade> high probability entry, extended, etc.

<john99> ym is gaining strength, amex tick made new high

776.2 is long breakout 14:45

<Brutus> But making quick money on a scalp is not as cool is it?

<RussellDaytrade> i did get massively short in the sim-account on that climb up, went against me at first, covered it at large gain, buying back in on scales, covered most at BE to reduce risk exposure, and then the rest at scales to produce profits while also reducing risk, in case it took off again to the upside, etc. worked out well 14:47

<john99> looking for next tick low.

<Brutus> #1 rule was to not be in a bad (early) position today 14:48

To be availible

When ther is a good setup

<szubaark> Buys NQ @ 1774.50 «« paper »» 14:49

<john99> u bought at tick high

<szubaark> im looking for Day high re-test 14:50

<john99> too many #'s out tommorow for traders to be putting in serious positions 14:51

<szubaark> need their 3pm Bots to start Buying

<john99> yep, right around 3:03-3:06, will have to see where the price is prior to time though 14:52

<szubaark> volatility spike coming up.. hopefully to UPSIDE im LONG 14:58

last long they took me out on a Stop spike 15:00

<Brutus> 1500 sell ? 15:01

<john> anyone brave enough to buy this

<szubaark> just be on look out for Stop spikes :))

they not gonna make it easy going up 15:02

<john> this is buy setup at 774

wait till 1min bars flatten out for reversal 15:03

nothings moving

773.6 15:04

lets see where were at @ 3:12 15:06

<szubaark> should grind up higher 15:07

<john> if it breaks, lower hard by 1pt, if not, quick spike up 15:09

lower

volume down here, reversal? 15:10

<szubaark> dont trust any of this

<john> 773.4

I'm done for the day, just want to go back and read what I was thinking

trend down 15:11

<Brutus> Watch for buying to come in near the close say 20 mins

<szubaark> they not going down, still got Stops ABOVE high of day 15:12

<Brutus> If there is buying after 1600 to 1615 it confirms my long bias for good PPI tommorow

<john> 3:12 and its still 773.6

done for the day later. 15:14

<szubaark> crap.. i was up this morning now giving all my profits back in this Chop

<john> the close is deadly, ,,,Later 15:15

<X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (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, QQQQ, SPY) 15:52

<Brutus> Cul8r 15:56

<yo> gn all 16:09

<NihabaAshi_away> Take care all and see all tomorrow 16:15

* DisconnectedSession Close: Mon Nov 13 16:27:45 2006 16:27

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