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#FuturesTrades November 29th Thursday 2007 Trade Log

 

Russell 2000 Emini ER2 Futures

Today Month Year
+12.40 +396.30 +3474.20
$1,240 $39,630 $347,420

Profitable Trade

0934am - 0943am est

Losing Trade

1207pm - 1212pm est

click on image to view actual size

 

Current Performance Record

Key Trades of the Day (see chat log below)

Profit/Loss Statement

 

General Strategy Info: The above profit/loss info represents trades by M.A. Perry (a.k.a. NihabaAshi) only and all trades were posted in realtime as shown in the below chat log. 

Although I'm not familiar with the trade methods used by most members of #FuturesTrades, I use a rule based (no subjectivity) methodology that involves WRB Analysis.

  There is some subjectivity involved with some of my trades when I'm developing a new strategy (hence the name TheStrategyLab.com) that uses WRB Analysis.

In fact, many of my trades or profit targets will occur within key WRB support/resistance zones because these price areas gives me a better understanding of key changes in supply demand.

  Traditional pivot point analysis or traditional s/r levels are inadequate in understanding changes in supply/demand of the Russell 2000 Emini ER2 or any other trading instrument of today's markets in comparison to WRB Analysis.

WRB Analysis is also a key aspect in my use of intermarket analysis (ex. Oil and Gold), market seasonal tendencies, volatility analysis and custom Japanese Candlestick patterns to complete my trading plan that results in consistent profits.

Further, position size management is a key aspect of my trading and I trade any where between 1 to 9 contracts per trade depending upon the volatility, pattern signal, seasonal tendencies or intuition.

All of my trades and commentary for today's market action (posted below) are via the user name NihabaAshi (Japanese Candlestick term) and I exclusively trade the Russell 2000 Emini ER2 futures even though I closely monitor other key markets so that I'll have a better understanding of ER2 price action. 

With that said, today's trade posting chat log is below and it contains all my trades that were posted in realtime along with the trades of other members of #FuturesTrades.

Further, if you want the instructions for gaining access to our free #FuturesTrades chat room...click here.

   
  #FuturesTrades purpose, benefits and access info for day traders, swing traders and position traders...click here.
Session Start: Thu Nov 29 04:14:09 2007Session Ident: #futurestrades
* DisconnectedSession Close: Thu Nov 29 08:59:04 200704:14
 Session Start: Thu Nov 29 09:25:19 2007Session Ident: #futurestrades
* Now talking in #futurestrades09:25
<X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
<futurible> gm all09:27
<Nesi> good trading all, good morning
<werner> gm
<pat255> gm all
m nesi N & others
<NihabaAshi> Hi pat and good morning all09:28
<szubaark> gm
<startrader> 1466.60 on the sp, they love 666 in the pit.09:29
<sav> gm
* sep34_away is now known as sep3409:30
* Bern_away is now known as bern2
<bern2> hi, good morning all09:31
<werner> hi bern
<Andy> gm all
<DrT> gm everyone09:32
<NihabaAshi>  Long ER2 @ 768.10 -> medium size 09:34
<ripsboy> gm all...
<NihabaAshi>  Exited 3/4 ER2 Long @ 770.30 --> + 2.2 09:35
<pat255> vn N ...09:36
<Andy> agree
<NihabaAshi> I'm going to need some help from Oil and Gold to keep ER2 from retracing09:37
Oil is helping now but Gold is still undecisive09:38
I need both and not just one09:39
Exited Remainder ER2 Long @ 771.30 --> + 3.2 09:43
  
Trading Edge: 

Strategies

If your an independent trader looking for an edge to help you traverse around obstacles to profitable trading...a method that's well defined, gives you a better understanding of the markets, applicable for day trading, position trading, swing trading, market seasonal tendencies, position size management, intermarket analysis with a money back guaranteed policy...click here.
   Trading Strategies ->   Strategies used by NihabaAshi, from entry to exit, exploit inefficiencies in the price action for profits of the following trading instruments via WRB Analysis and Intermarket Analysis: Emini Index Futures (EMD, ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Index Derivatives (DAX, ESTX50), Euronext Index Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Energy Futures (CL, NG, HO, QM), COMEX Metals Futures (GC), Forex Currencies (EurUsd, EurYen, UsdCdn), Exchange Traded Funds (DIA, GLD, OIH, IWM, QQQQ, SPY, XLE) and Hang Seng Index Futures (HSI) 
  
<pat255> vvn N ..
<szubaark> nice long.
<NihabaAshi> Exited a little early09:44
<bern2> very nice Niha
<NihabaAshi> I'm being "prompted" by my computer for download upgrades :(

Didn't want to take a chance again in light of that problematic trade I had on Monday where my system froze in the middle of a trade that was profitable...09:45
<szubaark>  Shorts ES @ 1470.50 «« paper »»
<NihabaAshi> Then when I was able to get out I was -3.6 on the trade.
<szubaark>  Covered 1/2 Short ES at 1469 --> + 1.5 «« paper »» 09:46
exit stop moved to breakeven ES @ 1470.50 «« paper »»
<Andy> nice call, szu09:47
<szubaark> thx.
<bern2> that was a nice entry szu09:50
<szubaark> actually,wanted 1471 but no fill09:51
<Trader222> could someone confirm my 200dma on dow at 13,253 / which is current area09:53
<bern2> Dax has been chop chop all day but Bund rising steadily
lets see what side market chooses after report09:54
<szubaark>  Covered all Short ES at 1466.75 --> + 3.75 «« paper »» 09:56

Buys ES @ 1467 «« paper »» 09:57
<Brutus> 1000/1500 Oct Conference Board Help-Wanted Index 2410:00
1000/1500 Oct New Home Sales
Overall Sales 770K
Percent Change +4.8%
<szubaark>  Exited all Long ES at 1467 --> 0 «« paper »» 10:01
<Brutus> looked good szu vol spike10:02
?
<bern2> do you think this could be a small range/choppy day after a day like yesterday?
<szubaark>  Shorts ES @ 1467 «« paper »» 10:04
<NihabaAshi> Bern...yes
<szubaark> expecting volatility spike, hopefully to downside, Im Short
<NihabaAshi> Not sure about choppy but I do think it will be a range bound trading day.
<Trader222> I could see a retest of 1460
plus 1460-65 was an old range10:05
<bern2> ok thanks
<szubaark>  Covered 1/2 Short ES at 1464.25 --> + 2.75 «« paper »»
<startrader>  Shorts ES @ 1465.50 «« paper »»
<szubaark>  exit stop moved to breakeven ES @ 1467 «« paper »»
<Trader222> my only 'yea butt' is that everyone is thinking tape down big today so may not happen
<szubaark> lets see if we get a volatility breakout to downside10:06
<NihabaAshi>  Long ER2 @ 766.60 -> small size 10:07

trying something new here
<startrader>  Covered all ES Short @ 1463.50 --> + 2 «« paper »»
<NihabaAshi> 1 contract only
<Trader222> startrader: that 15min es chart u were talking about, u include overnights in at at the RTH open each morning10:08
<startrader> No overnights, just cash hours.10:09
<NihabaAshi>  Exited ER2 Long @ 766.10 --> - 0.5
Reverse and Enter Short ER2 @ 766.10
<szubaark>  Covered 1/2 Short ES at 1462.75 --> + 4.25 «« paper »»
<Trader222> yes NihabaAshi come join the dark side
dow lost 200dma10:10
<NihabaAshi> And I've just lost my patience for some odd reason.

Covered ER2 Short @ 766.00 --> + 0.1 10:11

Long ER2 @ 765.70 -> small size 10:13

Hmmm...I see the problem for my frustration10:15

Flatline volatility
<startrader>  Shorts ES @ 1463.75 «« paper »» 10:17
<NihabaAshi>  Exited ER2 Long @ 767.20 --> + 1.5 10:18

ER2 volatility declining10:20
<szubaark>  Shorts ES @ 1463.50 «« paper »»
Covered all Short ES at 1464 --> - 0.5 «« paper »» 10:23
<startrader>  Covered 1/2 ES Short @ 1462.75 --> + 1 «« paper »»

Covered Remainder ES Short @ 1463.75 --> 0 «« paper »»
<szubaark>  Buys ES @ 1465 «« paper »» 10:24
Exited all Long ES at 1464.75 --> - 0.25 «« paper »» 10:25
Shorts ES @ 1464.75 «« paper »» 10:26
<startrader> They are trying to close this hourly at the open.10:27
<szubaark> yeah, getting choppy now
<startrader> Takes away any 60 min breakout presures.10:28
<jperl> time for a break....trades here...10:29
http://charts.dacharts.com/2007-11-29/JP ERL_013.jpg10:30
really jumpy market this morning
<Nesi> nice job, jperl10:31
<pat255> y
<jperl> Only 1200 net shares traded hands so far on volume of 55 thousand

tx10:32
<szubaark>  Covered 1/2 Short ES at 1464.25 --> + 0.5 «« paper »»
exit stop moved to breakeven ES @ 1464.75 «« paper »»
Covered all Short ES at 1464.75 --> 0 «« paper »» 10:33
<startrader>  Shorts ES @ 1465.50 «« paper »» 10:34

Covered all ES Short @ 1464 --> + 1.5 «« paper »» 10:36

That 60 min opening range and 1466.60 in this area is going to make it hard to take a side. Will wait for another 15 min close or 2.10:38
<Andy>  Shorts ER2 @ 768.9 «« paper »» 10:43
* Trader222 S 1467.50 for scalp (still swing short)10:44
<szubaark>  Shorts ES @ 1466.50 «« paper »»
<Andy>  exit stop set ER2 @ 769.4 «« paper »»
* Trader222 cover scalpshort 1466.25+1.25 (no fill at 66.0)10:45
<szubaark> Expecting volatility spike soon, hopefully to downside, Im Short10:46

exit stop set ES @ 1468.50 «« paper »»
<startrader> They should traverse the 60 min opening body to whipsaw the breakout traders.10:47
<Andy>  Covered 1/2 ER2 Short @ 767.8 --> + 1.1 «« paper »» 10:48
<szubaark>  Covered 1/2 Short ES at 1465.50 --> + 1 «« paper »» 10:49
<Andy>  exit stop moved to breakeven ER2 @ 768.9 «« paper »»
<szubaark>  exit stop moved to breakeven ES @ 1466.50 «« paper »»
<pat255> what happened to EM ...have not seen him?10:52
<szubaark> hes having "connection" problems with this room.
<pat255> hmmm k...10:53
<szubaark>  Covered all Short ES at 1466.50 --> 0 «« paper »»
<Andy>  Covered Remainder ER2 Short @ 768.5 --> + 0.4 «« paper »» 10:54
<szubaark>  Buys ES @ 1467.25 «« paper »» 10:55
expecting volatility spike soon, hopefully to upside, im Long10:57
Exited 1/2 Long ES at 1468.50 --> + 1.25 «« paper »» 10:58
exit stop moved to breakeven ES @ 1467.25 «« paper »»
<Andy> vn szu, to step in a buy that10:59

and buy that
<szubaark> thanks
Exited all Long ES at 1467.25 --> 0 «« paper »» 11:00
<jperl> ER2 flirting with todays VWAP 768.3911:01
<startrader>  Long ES @ 1467.50 «« paper »» 11:05
<szubaark> startrader, nice Long.11:07
<startrader>  Exited all ES Long @ 1469.75 --> + 2.25 «« paper »»
Thanks. We were bouncing from the 50-40% retrace and back. Looked good after the way the last 2 15 min closed.11:10
<X>  #FuturesTrades Info -> Chat room for traders and intermarket analysis of Emini Futures (EMD, 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, XLE, QQQQ, SPY)11:13
<startrader>  Shorts ES @ 1471 «« paper »» 11:14
<pat255> S er 71.611:15
<FromGreece> good afternoon from Athens Greece11:17
<NihabaAshi> welcome :)11:19
<startrader>  Covered 1/2 ES Short @ 1468.75 --> + 2.25 «« paper »» 11:22
<FromGreece> new long ES 1465.7511:24
<Andy> startrader, your trigger was the level?
<szubaark>  Shorts ES @ 1469.50 «« paper »» 11:28
<startrader> Entry or exit?
<Andy> entry11:29
<szubaark>  Covered all Short ES at 1471 --> - 1.5 «« paper »» 11:30
<startrader> The wide range of the opening bar with the tight body. Sometimes will contain the whole days range. Very high probability the first test.
<szubaark>  Shorts ES @ 1471.50 «« paper »»
<Andy> thanks, st11:31
<startrader> oec demo problems. Gotta go reload it. Beta testing the live version coming out Sunday. If you use the live version I warn you there are still problems. Hope they have them fixed but be ready.11:32
<Trader222> startrader what ap are u talking about?11:34
<szubaark>  Covered all Short ES at 1474 --> - 2.5 «« paper »»
Buys ES @ 1474 «« paper »»
<pat255> oil drop like a rock11:35
<FromGreece> new long ES 146911:36
<startrader> openecry11:39
<Trader222> thanks11:40
<startrader> That 15 min and 60 min close was a buy! Missed it.
<Guest35179>  Long ER2 @ 771.9 11:42
<startrader>  Shorts ES @ 1475 «« paper »» 11:43
<Guest35179>  Exited all ER2 Long @ 772.9 --> + 1 11:45
<pat255> vn ...my S stopped -111:46
<Guest35179> if break here should target 774.511:48
<Andy>  Shorts ER2 @ 772.9 «« paper »» 11:49
<szubaark>  Exited 1/2 Long ES at 1476 --> + 2 «« paper »»
wanted 1477, no fill :(
exit stop moved to breakeven ES @ 1474 «« paper »» 11:50
<Andy>  exit stop set ER2 @ 773.4 «« paper »»

Covered 1/2 ER2 Short @ 771.8 --> + 1.1 «« paper »» 11:53
<pat255> vn
<Andy> thanks
<szubaark>  Exited all Long ES at 1474.25 --> + 0.25 «« paper »» 11:55
<ItalianSharp> trichet is due to speak in 5mins
<szubaark>  Shorts ES @ 1474.25 «« paper »»
<startrader> 2.25 move past last 15 min close and no continuation. Gunning for average retail traders stops. Dt on the er2 and weekness on this es bar.

Going into lunch hour all bets are off though.
<Guest35179>  Long ER2 @ 771 11:56
<Andy>  Covered 1/4 ER2 Short @ 771.2 --> + 1.7 «« paper »»
<startrader>  Covered all ES Short @ 1475 --> 0 «« paper »» 11:58
<Guest35179>  Exited all ER2 Long @ 771.2 --> + 0.2 11:59
<startrader>  Shorts ES @ 1474.50 «« paper »» 12:00
<Andy>  exit stop set ER2 @ 771.9 «« paper »»
* codehead_afk is now known as codehead
<jperl> ER2 net contracts changing hands now 649 on volume of 96 thousand12:01
<pat255> ty
<jperl> yw12:02
<Guest35179>  Long ER2 @ 770.8 12:04
<Andy>  Covered Remainder ER2 Short @ 771.6 --> + 1.3 «« paper »» 12:06
<Guest35179>  Exited all ER2 Long @ 771.8 --> + 1
<pat255> later guys ty all12:07
<NihabaAshi>  Long ER2 @ 771.30 -> small size
* bern2 is now known as Bern_away12:08
<NihabaAshi> sneaky price drop12:11
<szubaark> Volatility spike to the downside.
<NihabaAshi>  Exited ER2 Long @ 769.30 --> - 2 12:12
<szubaark> we getting some followthru
<NihabaAshi>  Shorts ER2 @ 769.20 -> medium size 12:13
Covered 3/4 ER2 Short @ 768.00 --> + 1.2 12:16
<startrader>  Covered 1/2 ES Short @ 1472.50 --> + 2 «« paper »» 12:17
<szubaark>  Covered 1/2 Short ES at 471.50 --> + 1002.75 «« paper »» 12:19
Covered 1/2 Short ES at 1471.50 --> + 2.75 «« paper »»
<startrader> Gotta go take kids to doctor, this 60 min is setting up nice.
<szubaark>  exit stop moved to breakeven ES @ 1474.25 «« paper »»
Niha, nice reversal and u had help from Volatility.12:21
<NihabaAshi> Yep12:24

I'm having a little trouble understanding the price action right now...will dump12:27

Covered Remainder ER2 Short @ 768.70 --> + 0.5 12:28

Long ER2 @ 768.30 -> small size 12:34

ooops

That's a short

Shorts ER2 @ 768.30 -> small size
<szubaark>  Covered all Short ES at 1474.25 --> 0 «« paper »» 12:36
<NihabaAshi> volatility spike

almost a breakout

weird price action again12:37

This will be my last trade of the day especially since I've already reached my profit goal for the day and some frustrations is setting in.12:38
<Trader222> good trades for u
silly question :) when is last time u had a net loser day; you've been very good on ER the last week (since I've first come in here)12:39
that came out wrong, zero intent to mean that in any bad way; was simply curious as I think you've been nicely net-green every day since i've been here12:41
<NihabaAshi> My last losing trading day was @ http://www.thestrategylab.com/041307Futu resTrades.htm

April 13th Friday
<Trader222> amazing!12:42
a whole 1pt
<szubaark> You got a nice streak going Niha.
<NihabaAshi> Thanks
<Andy> yes, indeed, something to aspire to
<Trader222> I once was green on DAX swing trades for an entire 10months12:43
was spooky
that's truly impressive daytrading
<NihabaAshi> I've learned how important it is to call it "quits" when I'm ahead of the game and when I'm getting too frustrated while still profitable for the day.
<Trader222> o yes
the secret of walk-away
i dont trade ER really; what's its IB ticker ? (i forget)12:44
<NihabaAshi>  Covered ER2 Short @ 768.90 --> - 0.6 12:45

I'm not sure for IB (don't use them)12:46
<szubaark> ER2
<NihabaAshi> That prior link was just a summary of the last losing day
<Trader222> thanks
<NihabaAshi> Here's my second image that show my workspace use for that losing day...

http://www.thestrategylab.com/images/041 307mFuturesTrades.png
<szubaark>  Shorts ES @ 1473 «« paper »»
Covered 1/2 Short ES at 1471.75 --> + 1.25 «« paper »» 12:47
<NihabaAshi> There's a 3rd image (private) that shows the actual details of each individual trade and there's also a live recording of all the trades taken in my platform that day.
<szubaark>  exit stop moved to breakeven ES @ 1473 «« paper »»
<NihabaAshi> Stuff I use alot to learn about my mistakes that trading day or any other day.12:48

Gotta go...take care all...time for me to do some early XMAS shopping.

See all tomorrow
<szubaark> :)
* NihabaAshi is now known as NihabaAshi_away12:49
<szubaark>  Covered all Short ES at 1469.75 --> + 3.25 «« paper »»
<Brutus> nice trade szu12:56
<szubaark> thanks..quick scalp12:57
Buys ES @ 1467 «« paper »» 13:05
Exited 1/2 Long ES at 1468.50 --> + 1.5 «« paper »» 13:09
exit stop moved to breakeven ES @ 1467 «« paper »»
code, possible Ghost ES 5min13:12
<codehead> and potential ER vegas13:13

at trigger here

on 5 min
<szubaark> yup
3min triggered already13:14
<codehead> 767.40 likely price trigger for it
<Guest35179>  Long ER2 @ 765.7 13:19
<X>  #FuturesTrades Info -> Chat room for traders and intermarket analysis of Emini Futures (EMD, 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, XLE, QQQQ, SPY)
<Guest35179> 765 support area if break again should head down to 763-764 area13:20
getting ready to reverse13:21
<szubaark>  Exited all Long ES at 1467 --> 0 «« paper »»

yes, if breaks down here, could be nice drop
<Guest35179> so far holding.. i'll give it little more time13:22
<szubaark>  Shorts ES @ 1467 «« paper »» 13:23

here we go13:26
<Andy>  Long ER2 @ 765.9 «« paper »» 13:33
<Guest35179>  Exited all ER2 Long @ 766.8 --> + 1.1
<Andy> sorry for the delay, I'm already out half
Exited 1/2 ER2 Long @ 766.5 --> + 0.6 «« paper »» 13:34
<szubaark> nice Andy
<Andy>  Exited Remainder ER2 Long @ 765.7 --> - 0.2 «« paper »» 13:35
<szubaark> as soon as we bounced, sellers jumped in
<Andy> thanks, szu13:36
<szubaark> another attempt here after a weak bounce13:40

Covered 1/2 Short ES at 1464.75 --> + 2.25 «« paper »» 13:44

exit stop moved to breakeven ES @ 1467 «« paper »»

code, notice how CCI staying below zero13:45
<Andy>  Long ER2 @ 763.1 «« paper »» 13:47
Exited 1/2 ER2 Long @ 764.2 --> + 1.1 «« paper »» 13:48
Exited 1/4 ER2 Long @ 764.5 --> + 1.4 «« paper »» 13:49
exit stop moved to breakeven ER2 @ 763.1 «« paper »» 13:50
<szubaark>  Covered all Short ES at 1467 --> 0 «« paper »»
<Andy>  Exited Remainder ER2 Long @ 764.9 --> + 1.8 «« paper »» 13:51
<szubaark> good Long13:52
<Andy> the combo of the price level, the price action, and the TICK/TIKQ moving away13:53
<codehead> htlb on Qm 5 min szu14:00

on got 2 ticks below previous lod last zlr down attempt, people thinking it might be cheap around 9014:01

30 minutes till close on QM
<Guest35179>  Long ER2 @ 764.6
<FromGreece> new long fot es 1466.2514:02
<Guest35179>  Exited ER2 Long @ 763.8 --> - 0.8
Reverse and Enter Short ER2 @ 763.8
<startrader>  Long ES @ 1466.75 «« paper »» 14:03
<Guest35179>  Covered all ER2 Short @ 763.1 --> + 0.7 14:04
<szubaark>  Shorts ES @ 1467 «« paper »»
<pdays>  Long YM @ 13301 14:07
Exited all YM Long @ 13309 --> + 8
<Guest35179> indecisive midzone here14:08
<szubaark> yup, good area to get Stops both ways14:11
<startrader>  Exited 1/2 ES Long @ 1469.50 --> + 2.75 «« paper »»
<szubaark> nice startrader.
<startrader> thanx, would like to see continuation of that 15 min engulfing bar.14:12
<szubaark>  Covered all Short ES at 1470.25 --> - 3.25 «« paper »»
Buys ES @ 1470.25 «« paper »»
<Guest35179>  Shorts ER2 @ 767.1 14:15
<startrader>  Long ES @ 1470.25 -> Add «« paper »»
<Guest35179>  Covered all ER2 Short @ 766.4 --> + 0.7 14:16
<szubaark> indecisive action back and forth14:20
<startrader>  Exited all ES Long @ 1471 --> + 5 «« paper »» 14:21
<domvert> stowe not here anymore
<startrader> sticky platform, could not get out at 7214:22
<codehead> that QM countertrend signal was good for a nice pop, but you had to take it and go--diving to new lows here with close nearing
gets very squirrelly this time of day14:23
<Guest35179>  Long ER2 @ 765.9 14:25

Exited all ER2 Long @ 767.2 --> + 1.3 14:26
<szubaark> if breaks here good chance for a Pop to upside14:29
<startrader> Especially at the hourly close.
<codehead> like i said, crude pretty squirrely near close--break to new lod, mad bounce14:30
potential Ym 5 min ghost szu14:31
lsma well-green tho
<startrader>  Shorts ES @ 1471 «« paper »»
<codehead> so not a great bet--price would have to dip a good amount to get it red
<Guest35179>  Shorts ER2 @ 766.9
<szubaark>  Exited all Long ES at 1469.75 --> - 0.5 «« paper »» 14:32
Shorts ES @ 1469.75 «« paper »»
<Guest35179>  Covered all ER2 Short @ 765.7 --> + 1.2
<codehead> the indices got stopped at resistance area so far14:33
<startrader> Not a great close and wants to stay in that opening 60 min range if I have my way.
<codehead> Qm got back to 91 for close, so indeed they think 90 cheap for now14:34
<startrader>  Covered 1/2 ES Short @ 1469 --> + 2 «« paper »»
<Guest35179>  Long ER2 @ 764.9 14:35
Exited all ER2 Long @ 766.1 --> + 1.2
<Andy> nice, Guest
<Guest35179> thx14:36
<startrader>  Covered 1/2 ES Short @ 1470.75 --> + 0.25 «« paper »»
<codehead> YM ghost met objective, despite no red lsma14:37
* Trader222 anyone dare take guess on close direction? lol14:38
<Trader222> oopa
<Guest35179> 762 close14:39

good night all, tomorrow should be good day14:42
<startrader>  Shorts ES @ 1471.25 «« paper »» 14:43
Shorts ES @ 1471.75 -> Add «« paper »» 14:44
<szubaark>  Covered all Short ES at 1473 --> - 3.25 «« paper »» 14:45

Buys ES @ 1473 «« paper »»
<startrader>  Covered all ES Short @ 1472.25 --> - 1.5 «« paper »»
<jperl> done for today.....P/L here....

http://charts.dacharts.com/2007-11-29/JP ERL_014.jpg
<startrader>  Shorts ES @ 1471.75 «« paper »» 14:46
<Trader222> nice scalps jperl14:47
<jperl> tx
<szubaark> Brutal chop14:51
<startrader>  Covered all ES Short @ 1471.50 --> + 0.25 «« paper »» 15:00
<ItalianSharp> szu, some chop could have been expected after yesterday's rally...

the important thing is that mkts hang in there so that we can get some bullish followthru15:01
<codehead> yes, establish some support15:02
"consolidate"
<szubaark> ER needs to go Green
<startrader>  Shorts ES @ 1474.25 «« paper »» 15:08
<Brutus> Good trades startrader15:10
<Tim_a1> 15/60 signals, startrader?15:11
<startrader>  Covered all ES Short @ 1472.75 --> + 1.5 «« paper »»
<Tim_a1> dumb question, now that i look at the time you made them15:12
  
WRB Analysis
  
<startrader> A couple prior closes on the 15 and 60, you got it. Gotta go take my alderol, my add is taking over and showing up in my trading today!!!15:13
<Tim_a1> i still need to study your comments closer to really get what you're talking about15:14
<startrader> The close of the 11:45 15 min reversal bar and the 2:30 60 min bar yesterday was a good line as they took it down both times.15:16
<X>  #FuturesTrades Info -> Chat room for traders and intermarket analysis of Emini Futures (EMD, 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, XLE, QQQQ, SPY)15:22
<startrader> Getting in the marketzar trading contest tomorrow to put my paper skills to the test.15:23

Shoot! It was today! Looks like an easy field, could of won $1,500 today.15:25
<szubaark> whats that?
<startrader> http://www.marketzar.com/contests.aspx15:26

Looks like fun.15:27
<szubaark>  Exited all Long ES at 1469 --> - 4 «« paper »» 15:31
Shorts ES @ 1469 «« paper »»
<codehead> hm, that contest uses software form my broker--hope they are using dedicated demo servers only on that15:37

lol
<szubaark>  Covered all Short ES at 1473.75 --> - 4.75 «« paper »» 15:47
Buys ES @ 1473.75 «« paper »»
* sep34 is now known as sep34_away16:01
<Brutus> http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={be347 874-0d2d-4435-a6ab-389cdd1d2e40}16:02
<szubaark>  Exited all Long ES at 1471.75 --> - 2 «« paper »» 16:03

frikin chop16:05
<Trader222> short nq off dell 210316:08
<werner> gn16:19
* Trader222 cover NQ scalp 2098 +5 (filled while away)17:03
* DisconnectedSession Close: Thu Nov 29 22:16:51 200722:16
  
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