Session Start: Mon Nov 28 09:31:21 2005Session Ident: #futurestrades
* Now talking in #futurestrades09:31
<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> Hi all...I have some major cable problems...my ISP notified me an entire area 2mile radius is out...they expect things to be fixed within a few hours.09:33

Thus, I'm on 56k modem right now and will be back later if my cable internet is working again.09:34

I use to have DSL as backup but transfered that service to my condo at the ski resort so I can trade from there during the winter months.09:35
<coolweb> IGood morning traders! :D wjhat a fine weekend it was, hope everybodys weekend was good as well09:36
<NihabaAshi> Anyways...be back later (hopefully).
<coolweb> ready to make MONEY!
or wait for it :D
* DisconnectedSession Close: Mon Nov 28 09:36:50 2005
 Session Start: Mon Nov 28 10:41:19 2005Session Ident: #futurestrades
* Now talking in #futurestrades10:41
<X> [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab
<pdays>  Long ER2 @ 676.5 «« paper »» 10:42
<NihabaAshi> Looks like my ISP fixed their cable internet problems...if I get disconnected...you know why :(
<coolweb> cool sounds good10:43

niha: you know I was looking over eurofx's charts, price action a bit different from the indexes, the volume is always wacked out as well10:45

espically the daily charts10:46
<danshirley> Retailers are down after Black Friday sales data10:51
<coolweb> lol

probably losing money from fixing all the doors being busted
<danshirley> sales were best in discount stores..full price retail turnout was disappointing10:52
<pdays>  Exited all ER2 Long @ 676.8 --> + 0.3 «« paper »» 11:01
<coolweb> looiking to go short.11:02
YM
waiting
<szubaark_> Russell Holding Lows11:08

Exited 1/2 YM Long @ 10933 --> + 8 11:11
<jbraswell> not for long11:13
<szubaark_>  Exited all YM Long @ 10932 --> + 7

Shorts YM @ 10932
<coolweb>  Shorts NQ @ 10933
Covered all NQ Short @ 10935 --> - 2 11:14
<les>  Long ER2 @ 676.7 11:15
<coolweb> noticed something was wrong when it started flashing 10935 at ask11:18
<szubaark_> Stop run on YM
<coolweb> will short in 15-20 mins11:21
<les>  Exited 1/2 ER2 Long @ 677.2 --> + 0.5
<szubaark_> watching if we pullback from here, IF not Ill start looking for LONGS
<coolweb> szubaark: yep
<szubaark_> Shorts still looking good from here11:23
<les>  Exited Remainder ER2 Long @ 676.7 --> 0
<danshirley>  Shorts YM @ 10938 «« paper »» 11:24
<szubaark_> Volatility just dried up11:31
<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.11:34
<szubaark_> They gonna do one way do and one way up? LOL

Covered all YM Short @ 10945 --> - 13 11:36

have no clue what bastids are doing

Shorts YM @ 10940 11:39

gotta take the signals
<danshirley> Europe down .3-.8%11:41
(closed)
<szubaark_> geez.11:47

slow, controlled, upcreep11:48

Covered all YM Short @ 10951 --> - 11 11:50

im not playing with these guys today.11:51
<danshirley> lunch11:53
* danshirley is now known as danaway
<coolweb> ah back11:56
looking to short12:03
alerts on volume 2512:04
:D
<jbraswell>  Shorts ES @ 1263.75 12:26
<NihabaAshi> It's lunchtime low volatility blues...12:36
<GoodMood>  Long DAX @ 5178 «« paper »» 12:37
<NihabaAshi> Will be back later when lunch is over or when volatility picks back up...which ever comes first.
* NihabaAshi is now known as Nihaba
* Nihaba is now known as NihabaAshi_lunch
<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.12:46
<NihabaAshi_lunch>  Shorts ES @ 673.40 -> large size 12:51
* NihabaAshi_lunch is now known as NihabaAshi
<NihabaAshi> That's ER2 trade and small size only...will correct...
Shorts ER2 @ 673.40 -> small size 12:52
<jbraswell>  Covered 1/2 ES Short @ 1262.00 --> + 1.75 12:55
<GoodMood>  Exited all DAX Long @ 5171 --> - 7 «« paper »» 12:56
<NihabaAshi>  Covered 1/3 ER2 Short @ 673.10 --> + 0.3

Looks like a breakeven trade. on my remainders..didn't get the follow-through to a pt1

Covered Remainder ER2 Short @ 673.40 --> 0 12:57

Going back to lunch and shoveling snow off the patio...2 feet accumulation over the past 2 days.12:58
* NihabaAshi is now known as NihabaAshi_away
<coolweb> no good signals today13:10

grr
<GoodMood> what does the >+< in front of my name mean ?13:21
<coolweb> basically means you have a silver star, do more good trades, you'll get a gold one in no time :)13:23
<pdays> it means u have said something in the room, not just lurked13:24
<PapaJon> yup13:25
* WannaBeBOS is now known as BOS-lunch
<GoodMood> thx13:26

Long DAX @ 5171 «« paper »» 13:30
<coolweb> dax is trading now?
<GoodMood> yes, until NYSE / CME closes at 4 pm eST13:31

thats new since last week
<coolweb> poor dax traders, haha got to stay up for like 15 hours :D13:34
<danaway> nick danshirley

Covered all YM Short @ 10924 --> + 14 «« paper »» 13:35
* danaway is now known as danshirley13:36
<coolweb>  Shorts YM @ 10923 13:38

stop 10923
<eminitrader> :))13:39
<coolweb> if it reaches 10923, I'm going to poo13:41
<eminitrader> just out of curiousity whats ur win% coolweb13:42
<coolweb>  Covered all YM Short @ 10923 --> 0

eminitrader: 40% breakeven ,30% profit , 30% stop out13:43
<eminitrader> not bad at all....
thx for sharing
<coolweb> some issues13:44

with the price action today
<jbraswell> geez, cool. with 1-tick stops, I would've guess about 90% BE.13:45
<coolweb> we'll trade tomorrow, enough trading for today , maybe if I see another trade I'll trade it, but doubt it

jbraswell: I trade like a scalper with a long term view, so in the exact moment type of trades13:51

it either performs on that exact moment, or doesn't perform at all, keeps risk very very low13:52
<jbraswell> interesting, cool.13:54
ES threating a DB here. Stop moved to just above intermediate high
<szubaark_>  Long YM @ 10920 13:55
<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.13:58
<GoodMood> jbraswell: DB = ?
<jbraswell> double bottom
<GoodMood> ah
<jbraswell> if it completes, i'll go long. i'm looking for 1258.50 on my short if the DB doesn't complete13:59
<szubaark_>  Exited all YM Long @ 10915 --> - 5 14:00

Shorts YM @ 10915
<jbraswell> looks like no db today14:01
<coolweb>  Shorts YM @ 10916 14:02

stop 1091714:03
<jbraswell> maybe i spoke too soon, still deciding, I guess14:04
<coolweb> stop not executed yet
<eminitrader>  Long ES @ 1261.75
<coolweb> grr14:05
<danshirley>  JAN PLATINUM UP 1.7% TO END AT $1,001.10/OZ
DEC GOLD CLOSES AT $498.30/OZ, UP $6, OR 1.2%
DEC COPPER CLOSES AT A RECORD $2.016/LB14:06
<coolweb>  Covered all YM Short @ 10916 --> 0

bbl14:07
<jbraswell> interesting, dan. What is the "received" fundamental view here? I would think gold higher is generall bad for stocks due to inflatin worries...14:08
but isn't copper a leading economic indicator?
just curious
<szubaark_>  Covered all YM Short @ 10915 --> 0
<danshirley> Traditionally gold is a haven for money when inflation ais feared and when other investments are too dangerous14:09
<szubaark_>  Long YM @ 10921
<coolweb> chop is hard, should stay out of the market14:10
<danshirley> But now we have the added issue of gold and other metals as commodoties

copper and platinum are being bid up by China's hunger for commodities14:11
<jbraswell> then, historically, does copper move inversely relative to gold?14:12
<danshirley> Not that I am aware...I'll look and let you know
<jbraswell> okay. no worries if you don't. mind gander at it myself later.14:13
<togglex> i wonder how the copper mystery will play out

not much coverage in the last week
<eminitrader>  Exited all ES Long @ 1261.75 --> 0 14:16
<szubaark_>  Exited all YM Long @ 10907 --> - 14 14:20

crap
<danshirley> http://www.iht.com/articles/2005/11/27/b loomberg/sxpesek.php14:22
^ China and copper
<jbraswell> thx, dan14:24
<coolweb> ah, skitzo YM market, I prefer not to play with the freak14:25
<szubaark_>  Long YM @ 10915 14:26
<GoodMood>  Long DAX @ 5165 -> Add «« paper »» 14:27
<coolweb> I wouldn'14:54

t even go long here, setup looks good, probably good breakdown around the corner

scalpers market today14:55
<szubaark_>  Exited all YM Long @ 10920 --> + 5
Im done for today. What a day.
<togglex> i cant seem to do well when there's a clear trend :<14:58
<szubaark_> This is just ruthless Chop
* BOS-lunch is now known as WannaBeBOS14:59
<togglex> i made up for screwing up this morning's trend in the last 2 hours15:00
<coolweb> toglex: nice, what did you do?15:01
<togglex> 4pts here, 6pts there :P
ticks
<coolweb> togglex: good call15:02
<togglex> then i usually do badly starting around now, something about the late day trend
<coolweb> yeah got to take quick profits in these kind of days15:03

or be short from the very early morning
<togglex> i need to practise taking a position during a trend and sitting on my hands15:04
<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.15:10
<eminitrader>  Long ES @ 1261.50
<coolweb> learned something new today as well, going to be phasing out the 3min method15:13
<eminitrader>  Exited ES Long @ 1260.50 --> - 1 15:15
Reverse and Enter Short ES @ 1260.50
Covered 1/2 ES Short @ 1259 --> + 1.5 15:20
<coolweb> nice entry emini15:21
<eminitrader> thx coolweb15:22
<jbraswell>  Covered Remainder ES Short @ 1260.25 --> + 3.5 15:33
<GoodMood>  Exited all DAX Long @ 5159 --> - 18 «« paper »»
<eminitrader>  Covered Remainder ES Short @ 1260.50 --> 0 15:36

nice one jb :))15:37
<jbraswell> thx15:38
i shall do my best to be profitable tomorrow. I'm on the verge of overtaking my 10/28 equity high. I'll finally be able to forget the ass kicking from the past few weeks15:49
<coolweb>  Shorts YM @ 10904 15:50

chop15:51

exeit

Covered all YM Short @ 10905 --> - 1

just not right

grr, can't believe I entered @ 3:50 as well15:57

wheres my chameleon alarm
<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.16:22
#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.17:31
* DisconnectedSession Close: Mon Nov 28 18:47:14 200518:47