Session Start: Tue Nov 15 08:33:08 2005Session Ident: #futurestrades
* Now talking in #futurestrades08:33
<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.08:53
<StockMaster> hi all08:57
<eminitrader> morn sm08:59
<NihabaAshi>  Shorts ER2 @ 10723.00 -> small size 09:11

Ooops...that's YM

 Shorts YM @ 10723.00 -> small size 09:12

Good morning all.09:13
<eminitrader> morn niha..09:14
<WannaBeBOS> gm09:18
<PapaJon> gm all09:30
<NihabaAshi>  Shorts YM @ 10720.00 -> Add 09:39
<danshirley> ..
wholesale prices increased a greater-than-expected 0.7% in October as energy prices continued to rise, the Labor Department reported Tuesday.09:41
<NihabaAshi>  exit stop moved to breakeven YM @ 10723.00 09:43

 Covered 1/2 YM Short @ 10710.00 --> + 10 09:44

 exit stop lowered YM @ 10723.00 09:45
<jbraswell>  Long ES @ 1234
<eminitrader>  Shorts ES @ 1234 09:47

 Covered 1/2 ES Short @ 1233.50 --> + 0.5 09:49

 Covered Remainder ES Short @ 1234 --> 0
<NihabaAshi> Market is unsure right now or in a scalp phase because of the pending New Fed Chairman confirmation hearing that's now underway.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.10:02
<NihabaAshi>  Covered all YM Short @ 10719.00 --> + 4 10:03
<danshirley> Bernake talking10:05

Talking about inflation target10:06
<NihabaAshi>  Long ER2 @ 662.10 -> small size 10:07
<szubaark_>  Long YM @ 10720 10:08
<mispe>  Shorts YM @ 10715 10:11
<jbraswell>  Exited all ES Long @ 1234.50 --> + 0.5 10:12

not what i wanted

getting ready to take a long on ER2 if it triggers, tho
<eminitrader>  Shorts ES @ 1234.50 10:15
<NihabaAshi>  Exited ER2 Long @ 661.50 --> - 0.6

Reverse and Enter Short ER2 @ 661.50
<jperl>  Shorts ER2 @ 661.30
<mispe>  Covered 1/2 YM Short @ 10709 --> + 6 10:19
<eminitrader>  Covered 1/3 ES Short @ 1233.25 --> + 1.25
<juniorinzy>  Long ER2 @ 660.9 10:20
<mispe>  Covered Remainder YM Short @ 10710 --> + 5 10:21
<NihabaAshi>  Covered all ER2 Short @ 661.50 --> 0
<eminitrader>  Covered Remainder ES Short @ 1234.50 --> 0 10:22
<NihabaAshi> One more tick and I would have had a pt1 :(
<jperl>  Covered ER2 Short @ 661.90 --> - 0.6 10:23
<jbraswell>  Long ER2 @ 662
<jperl> POC= 661.8010:24
<juniorinzy>  Exited all ER2 Long @ 661.9 --> + 1
<eminitrader>  Shorts ES @ 1235.50
<jperl>  Shorts ER2 @ 660.80 10:32
<jbraswell>  Exited all ER2 Long @ 660.20 --> - 1.8
arg
<eminitrader>  Covered 1/3 ES Short @ 1234.50 --> + 1 10:33
<juniorinzy>  Long ER2 @ 660.5 10:35
<jperl>  Covered ER2 Short @ 660.70 --> + 0.1
<eminitrader>  Covered Remainder ES Short @ 1235.50 --> 0
<juniorinzy>  Exited all ER2 Long @ 660.7 --> + 0.2 10:36
<jperl>  Shorts ER2 @ 660.50 10:38
<juniorinzy>  Long ER2 @ 660.1 10:40
<jbraswell>  Long ER2 @ 661.40 10:47
<juniorinzy>  Exited all ER2 Long @ 662.2 --> + 2.1
<jperl>  Covered ER2 Short @ 662.30 --> - 1.8 10:48
<jbraswell>  Exited all ER2 Long @ 662.60 --> + 1.2 10:49

a little conservative on the PT there; that last trade hammered me.

 Shorts ER2 @ 662.50 10:58
<jperl> ER2 sitting on VWAP 662.2011:07
http://charts.dacharts.com/2005-11-15/JP ERL_016.png11:08
<jbraswell> j, in your experience, is there any significance to the vwap ribbons being mostly horizontal vs. at a slope?11:09
<jperl> It means market has slowed11:10
<jbraswell> i take it that the ribbons more resilient s/r in that case?11:11
<jperl> no...only that more oscillations will occur....11:12
around VWAP....difficult to judge direction
<jbraswell> gotcha11:14
<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.
<jbraswell>  Covered all ER2 Short @ 663.10 --> - 0.6 11:28
<szubaark_> .11:37
Shorts YM @ 10731 11:46
Covered all YM Short @ 10745 --> - 14 12:01
Long YM @ 10745 12:02
<pdays>  Long ER2 @ 665.1 «« paper »» 12:05
<danshirley> europe ended mixed to down12:15
<NihabaAshi>  Long ER2 @ 665.80 -> large size 12:17

 Exited 1/2 ER2 Long @ 663.90 --> - 1.9 12:19

Will correct later...

Reposting..12:20

 Exited 1/2 ER2 Long @ 666.90 --> + 1.1

still holding half

 exit stop raised ER2 @ 666.00 12:23
<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.
<szubaark_>  Exited 1/2 YM Long @ 10753 --> + 8 12:27
<NihabaAshi>  Trailing Stop Hit ER2 @ 666.00 --> + 0.2 12:28
<szubaark_>  Exited all YM Long @ 10753 --> + 8 12:35

 Shorts YM @ 10753 12:36
<TLTrader>  Shorts YM @ 10752 12:46
small size
<NihabaAshi>  Shorts ER2 @ 665.20 -> small size 12:50

 Covered ER2 Short @ 665.90 --> - 0.7 12:55
<TLTrader>  Covered all YM Short @ 10751 --> + 1 12:58
taking too long
<NihabaAshi>  Long ER2 @ 666.40 -> large size 13:00

Those sudden ER2 pops sometimes scare me...especially when they go against me.13:01

Almost time for lunch :(13:02
<jbraswell>  Long ES @ 1239.75 13:03
<NihabaAshi>  Exited ER2 Long @ 665.30 --> - 1.1 13:09
* NihabaAshi is now known as NihabaAshi_lunch
<jbraswell> looks like maybe no 3rd wave today13:16
<TLTrader>  Shorts YM @ 10755 -> small size
<jbraswell> need a little more volume13:20
<szubaark_> yeah this is too frikin slow13:24
on Ym they pop it 10 points then consolidate for hours, geez13:25
10750 holds im reversing Long13:26
<TLTrader>  Covered all YM Short @ 10751 --> + 4
<szubaark_> Now 10750 resistance13:31
<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.13:35
<jbraswell>  Exited all ES Long @ 1237.75 --> - 2 13:38
Shorts ER2 @ 664.30 13:40
Covered all ER2 Short @ 663.20 --> + 1.1
was short ER2 and long ES at same time13:41
<szubaark_>  Covered 1/2 YM Short @ 10741 --> + 12
<NihabaAshi_lunch>  Shorts ER2 @ 662.30 -> large size 13:42
* NihabaAshi_lunch is now known as NihabaAshi
<szubaark_> with this low volume two push ups is all it took for this to drop13:43
niha u have sound alerts letting u know when we dropping or you watch monitor when away?
<NihabaAshi> My audio alerts had been sounding off since 663.00 and I couldn't hear it.

Was in the bathroom :(

Had the air vents going :)13:44
<m618> carry a baby monitor with you ... that I use so I can hear the alerts wherever I may be.
<NihabaAshi> May have to...I know another trader that does that.
<jbraswell> gotta look for a little rally to sell now
<NihabaAshi> szu...my audio alrts are set at specific price levels...several points apart...mainly based upon key candlestick s/r levels (WRBs)13:46

be back...got stop in...13:48
* NihabaAshi is now known as NihabaAshi_away13:49
<jperl> ER2 sitting on -1st STdDev 661.2013:55

http://charts.dacharts.com/2005-11-15/JP ERL_017.png13:56
<szubaark_> They just busted thru the open.. Low of day test is N E X T13:57
<NihabaAshi_away>  Covered all ER2 Short @ 659.90 --> + 2.4
<jbraswell>  Shorts ER2 @ 660.90
<jperl> looking for 659.....-2nd STdDev13:58
* NihabaAshi_away is now known as NihabaAshi
<jbraswell> looking for 59.60 to get out14:00

didn't get filled last pass

 Covered all ER2 Short @ 659.60 --> + 1.3 14:01
<jperl> touching -2nd StdDev 659
<jbraswell> there's probably more of a rinse in the works given how long it's been since we took out major support14:02
<jperl> http://charts.dacharts.com/2005-11-15/JP ERL_018.png14:03
<jbraswell> what's the 658.91? old POC?14:05
<jperl> no....14:06
thats the 95% line of the Volume histogram plotted along the left axis14:07
The chart shows three things....
a)price
b)VWAP plus it's StdDEvs
c)Volume Histogram14:08
that's all
<jbraswell> word!
<szubaark_> YM ready to test that 10700 again. They gonna do this 10700 thing all week? pfff...14:11
<danshirley> Yeah we just spent two days here14:12
<szubaark_>  Covered all YM Short @ 10707 --> + 46 14:20
<jbraswell> nice job, szu. (punk!)14:22
<danshirley> way to go szu14:23
<szubaark_> jb i've Improved my Money Managment Rules and its starting to show in my Profits so far.
<jbraswell> how so, if you don't mind elaborating?14:24
<TLTrader> nice trade szu
<szubaark_> Well.. no more Fixed Stop crap i was using. Now my Stops/targets are based on my Secret Sauce.14:25
<jperl> spicey I hope
<szubaark_> hehe nothing more then Support/resistance/retracemnts/trendline s
<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.14:47
<TLTrader>  Long YM @ 10692 -> small size 15:11
Exited all YM Long @ 10693 --> + 1 15:18
got nervous
<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.15:59
<NihabaAshi>  Long ES @ 1231.50 -> small size 16:00
Trying to catfch that late spurt...
exit stop raised ES @ 1231.50 16:02
Exited all ES Long @ 1231.75 --> + 0.25
Punks.
If there was more time left and not this crazy last 15mins of trading...16:03
It would have easily testing 1233.00 by now.16:04
Looks like I got pick pocketed...ES trying hard to reach that 1233.00 price area.16:13
It's there now...I got pick pocketed :(16:14
<jbraswell> well, I came away with a super $25 today

lol

i haven't hit a big day in a week and a half
<NihabaAshi> On that note...a profitable but not what I should have gotten due to the fact the market waited to make its big move while I was at lunch and then on the toilet :)16:15
<jbraswell> lol

well, at EOD here, I"m putting on a short swing trade in ER216:16

short 657

stop above 678.1016:17
<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.17:08
* DisconnectedSession Close: Tue Nov 15 21:45:11 200517:22