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#FuturesTrades November 30th Friday 2007 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+12.90	+409.20	+3487.10
$1,290	$40,920	$348,710

Profitable Trade

0956am - 1001am est

Losing Trade

1515pm - 1521pm 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: Fri Nov 30 09:28:29 2007Session Ident: #futurestrades

* Now talking in #futurestrades 09:28

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

<rickf> long es 1489.75 09:32

<ripsboy> gm all...

<startrader> Sruggling here on es on a line set on 11.14 on the 60 min timeframe. 09:34

<szubaark> Buys ES @ 1491 «« paper »» 09:35

<pat255> bulls stomping ..sigh 09:36

@office :(

* Bern_away is now known as bern2

<bern2> hi, good morning all 09:37

<startrader> 1496 is 50% of the move and high of the 11.14.

Long ES @ 1487 «« paper »» 09:47

Exited all ES Long @ 1488.25 --> + 1.25 «« paper »» 09:50

<NihabaAshi> Long ER2 @ 777.40 -> small size 09:56

Exited 2/3 ER2 Long @ 778.70 --> + 1.3 09:59

<werner> gm all 10:00

<bern2> hi werner 10:01

<NihabaAshi> Exited Remainder ER2 Long @ 779.20 --> + 1.8

Trading Edge:
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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> vn N 10:02

<NihabaAshi> :)

<szubaark> yup, nice entry Niha.

<pat255> with the trend..

<werner> hi bern 10:04

<gabe> Shorts ER2 @ 777.60 «« paper »» 10:06

<bern2> NQ on his own: I dont see clear direction for ES and YM, this could be a gap and crap day. I hope I am wrong 10:07

<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)

<ItalianSharp> bern, so far you are right 10:08

when markets are not in synch with each other, it usually translates in chop 10:09

oil and gold are also off

<startrader> I see er likes 777 too.

<gabe> Covered all ER2 Short @ 778.10 --> - 0.5 «« paper »»

<pat255> later guys ..ty 10:11

<gabe> Shorts ER2 @ 777.10 «« paper »»

Covered all ER2 Short @ 775.90 --> + 1.2 «« paper »» 10:12

<startrader> Long ES @ 585.25 «« paper »» 10:13

1485.25

<ItalianSharp> NQ closed its gap...still a long shot for ES and YM 10:14

we might get a rebound here

tough to hold onto positions so far...scalping mode is actived for me 10:15

activated

<startrader> Exited 1/2 ES Long @ 1486.25 --> + 901 «« paper »»

<ItalianSharp> wow, that's a nice trade startrader! 10:16

done for the year?

<bern2> :) 10:17

<startrader> Keyboard dyslexia!

<gabe> Long ER2 @ 777.10 «« paper »» 10:18

<startrader> Exited Remainder ES Long @ 1487.50 --> + 902.25 «« paper »» 10:19

<gabe> Exited all ER2 Long @ 776.80 --> - 0.3 «« paper »» 10:20

Shorts ER2 @ 776.20 «« Scalp »» 10:24

<startrader> Long ES @ 1486 «« paper »» 10:25

<gabe> Covered all ER2 Short @ 775.20 --> + 1 «« Scalp »»

<ItalianSharp> it's either YM/ES joining NQ or NQ catching up with them 10:26

so far they are too far away from each other 10:27

<Trader222> I'm now waiting for SPX 1490 and dow 13,500

<startrader> Exited all ES Long @ 1486.25 --> + 0.25 «« paper »» 10:28

I thought they would move it up into the 60 min close, 10 seconds after I exit. 10:29

Long ES @ 1487.50 «« paper »» 10:30

<gabe> Long ER2 @ 776.80 «« Scalp »»

Exited all ER2 Long @ 777.50 --> + 0.7 «« Scalp »» 10:31

<startrader> Exited all ES Long @ 1489.25 --> + 1.75 «« paper »» 10:32

<bern2> i am taking a break from this till we break range 13495-13440 in YM 10:35

* bern2 is now known as bern_away 10:36

<Trader222> there's nothing to do here agreed

<startrader> buys er at 776.60 10:37

<jperl> taking a break.....trades here.... 10:38

http://charts.dacharts.com/2007-11-30/JP ERL_015.jpg

<rickf> still in on my original es long....been a see-saw morning, thought we'd get a higher bump at the open

<jperl> not much maneuvering room this morning

<gabe> Shorts ER2 @ 776.50 «« Scalp »» 10:39

<ItalianSharp> YM has been swinging within a tight 50-pt range

gonna take a break and wait for the FED members speeches at 12.30 and 1.40pm

<startrader> sells er2 at 777.50 10:40

Probally not a realistic fill.

<gabe> Covered all ER2 Short @ 776.90 --> - 0.4 «« Scalp »»

<szubaark> Exited all Long ES at 1486.50 --> - 4.5 «« paper »» 10:45

Shorts ES @ 1486.50 «« paper »»

<startrader> Long ES @ 1486.25 «« paper »» 10:48

<gabe> Shorts ER2 @ 776.30 «« Scalp »» 10:49

Covered all ER2 Short @ 775.80 --> + 0.5 «« Scalp »» 10:50

<szubaark> more and more looks like they going for Gap close on ES

<Ronin> Long ES @ 1487 «« Scalp »» 10:58

<startrader> Exited all ES Long @ 1487 --> + 0.75 «« paper »»

<Brutus> no lol today ronin :)) 10:59

<Ronin> ?

<gabe> Shorts ER2 @ 776.20 «« Scalp »» 11:02

Covered all ER2 Short @ 775.10 --> + 1.1 «« Scalp »» 11:04

<Ronin> Exited ES Long @ 1486 --> - 1 «« Scalp »» 11:05

Reverse and Enter Short ES @ 1486 «« Scalp »»

<gabe> Shorts ER2 @ 775.30 «« Scalp »» 11:06

Covered all ER2 Short @ 774.90 --> + 0.4 «« Scalp »» 11:08

* rickf sold es @ 1483 -6.25 :( 11:09

<Ronin> Covered all ES Short @ 1483 --> + 3 «« Scalp »» 11:10

<gabe> Long ER2 @ 774.80 «« Scalp »» 11:14

Exited all ER2 Long @ 773.80 --> - 1 «« Scalp »» 11:15

<szubaark> NQ in the RED

<gabe> <trade error> my signal was short 11:16

<startrader> Shorts ES @ 1481.25 «« paper »» 11:17

Covered all ES Short @ 1480.75 --> + 0.5 «« paper »» 11:18

Shorting into a retracement level is not wise I decieded. 11:19

<szubaark> Covered 1/2 Short ES at 1479.25 --> + 7.25 «« paper »» 11:20

exit stop moved to breakeven ES @ 1486.50 «« paper »»

<Ronin> Long ES @ 1479 «« Scalp »»

<startrader> vn sz!!! In hindsight shouldv'e been with you on that. 11:21

<szubaark> star, i took a loss before i got direction right 11:22

<startrader> I was glued to shorter timeframes, just said yesterday that is bad!

When the first hour is wound up like that on the 15 min timeframes on a gap I usually look to go in the direction of the close of 60 min bar if it is in bottom half of bar. 11:25

<gabe> Shorts ER2 @ 771.50 «« Scalp »» 11:26

<pdays> Long YM @ 13395

<gabe> Covered all ER2 Short @ 771.90 --> - 0.4 «« Scalp »» 11:27

<Ronin> Exited all ES Long @ 1482 --> + 3 «« Scalp »»

+5 Pts 11:28

<pdays> Exited all YM Long @ 13404 --> + 9 11:30

<startrader> Shorts ES @ 1482.25 «« paper »»

Covered all ES Short @ 1480.50 --> + 1.75 «« paper »» 11:31

<gabe> Shorts ER2 @ 770.90 «« Scalp »» 11:32

<startrader> I really need to double up on my meds and pay attention to the clock, that was a keeper for another point+! 11:34

<Ronin> Long ES @ 1479 «« Scalp »» 11:35

Crorrection Limit Buy 1481 Long 1481 11:36

Correction

<gabe> Covered all ER2 Short @ 771.50 --> - 0.6 «« Scalp »» 11:37

<Ronin> Target 1485 11:38

tick is not helping 11:42

go go

<startrader> Shorts ES @ 1483.50 «« paper »» 11:43

<gabe> Long ER2 @ 772.10 «« Scalp »» 11:44

<startrader> Covered 1/2 ES Short @ 1482.25 --> + 1.25 «« paper »» 11:45

Covered 1/2 ES Short @ 1483 --> + 0.5 «« paper »»

<Ronin> Target lower to 1484 11:47

<gabe> Exited all ER2 Long @ 772.10 --> 0 «« Scalp »» 11:48

<Ronin> Exited all ES Long @ 1484 --> + 5 «« Scalp »» 11:49

+3Pts

Total +8 Pts 11:50

<startrader> Friday lunch hour fireworks coming up.

<gabe> Shorts ER2 @ 772.10 «« Scalp »» 11:54

Covered all ER2 Short @ 773.10 --> - 1 «« Scalp »» 11:57

<startrader> Shorts ES @ 1484.50 «« paper »» 11:59

<Ronin> Target reached as expected- good call Ronin, lol

<gabe> Shorts ER2 @ 772.70 «« Scalp »» 12:08

<startrader> Covered all ES Short @ 1483 --> + 1.5 «« paper »» 12:09

<gabe> Covered all ER2 Short @ 771..90 --> + 772.70 - 771..90 «« Scalp »» 12:10

<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)

<gabe> oops! covered 771.90 =.80 12:11

+.80

<startrader> Shorts ES @ 1481.25 «« paper »» 12:17

<gabe> Shorts ER2 @ 772.00 «« Scalp »»

Covered all ER2 Short @ 771.90 --> + 0.1 «« Scalp »» 12:20

<Nesi> Shorts ER2 @ 772.00 «« paper »» 12:24

<startrader> Covered all ES Short @ 1478.75 --> + 2.5 «« paper »» 12:25

<gabe> Shorts ER2 @ 771.30 «« Scalp »» 12:26

Covered all ER2 Short @ 771.50 --> - 0.2 «« Scalp »» 12:28

<startrader> Shorts ES @ 1481 «« paper »» 12:32

<Nesi> Covered all ER2 Short @ 727.70 --> + 44.3 «« paper »» 12:34

Covered all ER2 Short @ 772.70 --> - 0.7 «« paper »» 12:35

<startrader> Shorts ES @ 1481.75 -> Add «« paper »»

<rickf> yeah 772 sounds better, but 727 woulda been nice :) 12:36

<gabe> Shorts ER2 @ 771.70 «« Scalp »» 12:45

<startrader> Covered all ES Short @ 1480 --> + 2.75 «« paper »»

<gabe> Covered all ER2 Short @ 772.70 --> - 1 «« Scalp »» 12:49

<NihabaAshi> Long ER2 @ 773.00 -> small size

<jperl> 1 month VWAP @773.16 12:50

<NihabaAshi> Exited ER2 Long @ 773.20 --> + 0.2 12:53

I had too many problems on that trade especially when my entry should have been around 771.90 12:54

<startrader> Long ES @ 1482.25 «« paper »» 12:56

<szubaark> still got a little cushion on my Stop. 13:01

<startrader> Exited all ES Long @ 1482.50 --> + 0.25 «« paper »»

Did not get an order in time at 83.50

<szubaark> Looks like they walking down the EMA's. 13:02

<startrader> Long ES @ 1481.75 «« paper »» 13:03

<ItalianSharp> poole's speech isnt making things better...perhaps kroszner's speech at 1.40pm will move things up a little 13:05

<startrader> Exited all ES Long @ 1482 --> + 0.25 «« paper »» 13:08

<ItalianSharp> it had been a while since we've seen hardcore chop like this

i keep yawning...watching these charts is like watching paint dry

<szubaark> also, yersturday end of day was Brutal Chop also.

<ItalianSharp> if things don't change soon after the 1.40pm speech, i'll call it quits and enjoy the weekend 13:10

i see nothing that can possibly move markets other than the speeches

the 9.45am and 10am news didn't do much

<szubaark> yup, on es 1470-1475 is that Brutal chop area I make sure i dont touch. 13:11

<startrader> Long ES @ 1480.50 «« paper »» 13:13

Setting up a slingshot here. 13:14

<jperl> ER2 still flirting with the 1 month VWAP 773.16 13:15

<ItalianSharp> jees...this thing is slow

<startrader> Exited 1/2 ES Long @ 1482.75 --> + 2.25 «« paper »» 13:16

Exited 1/2 ES Long @ 1481.25 --> + 0.75 «« paper »» 13:17

<rickf> some days the market is such....a.....tease :(

* codehead_afk is now known as codehead 13:18

<rickf> long es 1482.50

<startrader> Long ES @ 1483.25 «« paper »» 13:19

Exited all ES Long @ 1484.75 --> + 1.5 «« paper »» 13:26

Now it can run. 13:27

<rickf> of course -- when you get out, the trade goes your way. murphy's law of markets

happened to me this morning -- hoping to break even on the day 13:28

<jperl> ER2 at Today's VWAP 775.41

<szubaark> exit stop set ES @ 1486.50 «« paper »» 13:32

Covered all Short ES at 1486.50 --> 0 «« paper »» 13:36

<startrader> Shorts ES @ 1487.50 «« paper »» 13:37

was out of the room when it got hit, shorting close of opening 60 min bar for a scalp. 13:38

Covered 1/2 ES Short @ 1486.50 --> + 1 «« paper »» 13:39

<szubaark> Shorts ES @ 1486.25 «« paper »» 13:40

<ItalianSharp> kroszner is speaking now 13:41

<startrader> Covered Remainder ES Short @ 1485.50 --> + 2 «« paper »» 13:43

<gabe> Shorts ER2 @ 775.40 «« Scalp »»

<szubaark> Covered 1/2 Short ES at 1487.25 --> - 1 «« paper »» 13:48

Covered 1/2 Short ES at 1484.75 --> + 1.5 «« paper »»

exit stop moved to breakeven ES @ 1486.25 «« paper »»

<gabe> Covered all ER2 Short @ 775.20 --> + 0.2 «« Scalp »» 13:49

<szubaark> Covered all Short ES at 1486.25 --> 0 «« paper »» 13:51

Buys ES @ 1486.25 «« paper »»

<futurible1> buy to open ER2 @ 776.00 13:54

<startrader> sells er2 775.2, try this sucker. 13:55

<futurible1> sell to close ER2 @ 780.00

<szubaark> expecting volatility spike soon

Exited all Long ES at 1481.75 --> - 4.5 «« paper »» 14:04

<rickf> vol spike down on the ES?

<szubaark> Shorts ES @ 1481.75 «« paper »»

<startrader> sell er2 773.3 14:05

I meant buy to close!

I could of won the tradingzar competition the way I am trading today with full leverage. 14:10

<szubaark> that was a quick, nasty volatility spike out of nowhere 14:12

<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) 14:16

<jperl> enough for today....trades here.... 14:18

http://charts.dacharts.com/2007-11-30/JP ERL_016.jpg

<szubaark> Covered all Short ES at 1484.25 --> - 2.5 «« paper »» 14:19

geez.. Whipsaws from hell

<startrader> buys er 775.4 14:22

<Tim_a1> seems like the tape is trying to bork everyone today 14:26

<startrader> sell er 774.1 14:28

<NihabaAshi> Shorts ER2 @ 774.10 -> small size

<startrader> Shorts ES @ 1482.25 «« paper »» 14:30

<szubaark> Covered all Short ES at 1481.75 --> 0 «« paper »» 14:31

Shorts ES @ 1481.75 «« paper »»

:(( 14:33

<NihabaAshi> Covered ER2 Short @ 774.90 --> - 0.8 14:34

<startrader> Shorts ES @ 1482.75 -> Add «« paper »»

<NihabaAshi> Long ER2 @ 775.30 -> small size 14:35

<szubaark> Covered all Short ES at 1484 --> - 2.25 «« paper »»

Buys ES @ 1484 «« paper »»

<startrader> Covered all ES Short @ 1484.25 --> - 3.5 «« paper »» 14:36

Could not cover any of it in time.

<szubaark> they doing a good sleaze job right now. 14:37

<Tim_a1> a most prickely downtrend 14:38

<NihabaAshi> Exited ER2 Long @ 775.50 --> + 0.2 14:40

:(

WRB Analysis

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<startrader> Long ES @ 1484 «« paper »» 14:41

<Tim_a1> you reach for the fruit, but get stuck by a thorn 14:42

<startrader> Long ES @ 1482.75 -> Add «« paper »»

Exited all ES Long @ 1583 --> + 199.25 «« paper »» 14:48

1483

<NihabaAshi> Shorts ER2 @ 773.00 -> small size 14:50

<szubaark> Exited all Long ES at 1480.75 --> - 3.25 «« paper »»

Shorts ES @ 1480.75 «« paper »»

<Tim_a1> thought ym 76 would never let go

<startrader> Shorts ES @ 1480.75 «« paper »» 14:53

<szubaark> :((

<NihabaAshi> Covered all ER2 Short @ 771.90 --> + 1.1 14:54

<startrader> Shorts ES @ 1482 -> Add «« paper »» 14:57

<NihabaAshi> Shorts ER2 @ 771.00 -> small size 14:58

tough trade here

1 contract only

<rainer> Shorts YM @ 13361 14:59

<startrader> Shorts ES @ 1481 -> Add «« paper »» 15:00

<rainer> Covered all YM Short @ 13355 --> + 6 15:01

hab aber gezweifelt 15:02

<futurible1> sell to close ER2 @ 770.00 --> -6.0

<startrader> Covered 1/2 ES Short @ 1479.50 --> + 1.5 «« paper »»

<futurible1> cancelled sell to close ER2 @ 780.00

<startrader> could get a good move down here. 15:04

<NihabaAshi> Covered ER2 Short @ 769.00 --> + 2

<Tim_a1> starttrader, see thae last 1- 1/2 hour es 1 minute chart? looks like nasdaq y2000 death formation 15:05

spike & 2 humps 15:06

<startrader> Covered Remainder ES Short @ 1476.50 --> + 4.25 «« paper »» 15:08

Yeah, they were settin the line the last 3 hours, then had 15 mins of mess to shake everyone out.

<szubaark> yes, those whipsaws were killers BEFORE this Sudden Drop. 15:09

<Trader222> not trading the afternoon; never trade eom closes; but 1475 looks like interesting place for reversal long possible 15:10

<Tim_a1> i've seen that formation a few times in other places and other timeframes since nas y2000, but it seems like that formation's a killer

<NihabaAshi> Shorts ER2 @ 766.10 -> small size 15:11

<startrader> Are you watching the ma's on that tim? once they crossed the 79 bar held it. 15:12

<NihabaAshi> Covered ER2 Short @ 767.00 --> - 0.9

Reverse and Enter Long ER2 @ 767.00

<startrader> right to the 60% retrace of yesterdays low to todays high and nearly yesterdays cash close. 15:15

<NihabaAshi> Exited ER2 Long @ 766.30 --> - 0.7

Reverse and Enter Short ER2 @ 766.30

<startrader> Shorts ES @ 1476.25 «« paper »» 15:16

<NihabaAshi> 3 contracts

<startrader> on 15 min close contiuation.

<NihabaAshi> :(

<rainer> Long YM @ 13327 15:17

Exited all YM Long @ 13338 --> + 11 15:19

<startrader> let'l play fill the gap. 15:21

<NihabaAshi> Covered all ER2 Short @ 768.00 --> - 1.7

<startrader> Shorts ES @ 1478.25 «« paper »» 15:22

Should of taken off the first after the 3 min reversal bar.

should of said 5 min reversal 15:25

<Tim_a1> sorry star, i'd stepped away, i hadnt been watching the ma's today other than the weekly's, 20 week ma made perfect top for dow 15:27

<rickf> k i'm done for the day. have a good weekend all

<NihabaAshi> Long ER2 @ 768.20 -> large size 15:28

Exited all ER2 Long @ 768.60 --> + 0.4 15:31

<Trader222> i'm flat and not trading; but guess is close em over 1480/13350 15:35

<NihabaAshi> Long ER2 @ 766.90 -> small size 15:37

<startrader> still holding out for lower prices. We got a line right here on the 60 min from the 13th, 14th and now today. Lot's of longs will liquadate below it. 15:40

<NihabaAshi> Exited all ER2 Long @ 767.10 --> + 0.2

:(

tough to manage the trailing stops when profitable

Long ER2 @ 768.40 -> small size 15:41

<szubaark> Covered all Short ES at 1482 --> - 1.25 «« paper »» 15:42

Buys ES @ 1482 «« paper »»

<NihabaAshi> Exited all ER2 Long @ 769.10 --> + 0.7 15:45

Lost my support in Gold and Oil

<szubaark> Exited all Long ES at 1479.50 --> - 2.5 «« paper »»

Very tough chart to trade due to the Big Gap up. Should stayed sidelined ALL DAY. 15:46

<NihabaAshi> Long ER2 @ 768.80 -> small size 15:47

<startrader> That 78-79 area is pivitol. 15:48

<NihabaAshi> Exited ER2 Long @ 768.00 --> - 0.8

Reverse and Enter Short ER2 @ 768.00

Shorts ER2 @ 767.30 -> Add 15:49

Covered 1/2 ER2 Short @ 766.70 --> + 0.6 15:51

I got robbed on that :(

It's that same "weird choppy" price action I saw when I called it quits early yesterday 15:52

<Tim_a1> star, see that 3 bar formation 14:42-14:44 (central time) on ym 1 minute chart? 15:58

<NihabaAshi> tightining up trailing stop

not looking good

Covered Remainder ER2 Short @ 767.40 --> + 0.6 15:59

Long ER2 @ 767.70 -> medium size 16:00

<startrader> Yeah tim. Crazy action. 16:02

I wish I could be short over the weekend.

<NihabaAshi> Exited all ER2 Long @ 767.30 --> - 0.4

<Tim_a1> both spx & dow held down by 20 week ma 16:03

<NihabaAshi> Long ER2 @ 768.00 -> medium size 16:04

Exited 1/2 ER2 Long @ 769.20 --> + 1.2 16:07

<startrader> Nice way to end the week n. 16:08

<NihabaAshi> Exited Remainder ER2 Long @ 769.60 --> + 1.6 16:09

It wasn't a pretty trading day but that was only because I missed most of the trading action due to personal stuff. 16:10

<Nesi> thanks N

nice trading

have a great weekend all :)

<NihabaAshi> Got my profit goal for the day and my other goal was to have my last trade to be a winner. 16:11

Feels good to go into the weekend via the last trade of the week being a winner.

<ItalianSharp> niha, you didnt miss much during the afternoon

things got interesting right before 3pm 16:12

<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) 16:22

* NihabaAshi is now known as NihabaAshi_away 17:09

* DisconnectedSession Close: Fri Nov 30 17:21:23 2007 17:21

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