#FuturesTrades trade log for traders - CBOT, CME, ICE, EUREX, EURONEXT, NYMEX, COMEX and FOREX

December Trade Log

Trade Strategies

WRB Analysis Tutorials

Music While Trading

Testimonials

Disclaimer

#FuturesTrades December 11th Tuesday 2007 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+19.70	+102.10	+3589.20
$1,970	$10,210	$358,920

Profitable Trade

1420pm - 1423pm est

Losing Trade

1454pm - 1458pm 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: Tue Dec 11 00:00:00 2007Session Ident: #futurestrades

* DisconnectedSession Close: Tue Dec 11 01:03:39 2007 01:03

Session Start: Tue Dec 11 08:11:11 2007Session Ident: #futurestrades

* Now talking in #futurestrades 08:11

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

<werner> gm all 08:42

<rickf> gm 09:01

<Pepe> gm all 09:22

<pat255> gm all.. 09:23

@office again...:(

<PapaJon> gm all 09:25

<ripsboy> gm all... 09:31

<rickf> happy fed day all :)

<Pepe> :) 09:32

<DrT> gm all\

<base> GM all 09:33

<futurible> GM ALL

<NihabaAshi> Shorts ER2 @ 794.50 -> large size 09:37

Covered ER2 Short @ 794.00 --> + 0.5 09:41

Long ER2 @ 794.50 -> small size 09:42

<eminitrader> Long ES @ 1519.50

<rickf> morning em 09:43

<eminitrader> Exited all ES Long @ 1519.50 --> 0

morn r 09:44

<NihabaAshi> Exited all ER2 Long @ 795.00 --> + 0.5

<eminitrader> be more comfortable 1516-1517 area ...see some support there

Long ES @ 1519 09:50

5 lot

<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) 09:51

<NihabaAshi> Long ER2 @ 795.60 -> small size 09:52

<eminitrader> Exited 2/3 ES Long @ 1520,50 --> + 1520,50 - 1519 09:53

Exited 2/3 ES Long @ 1520.50 --> + 1.5

hld 2

<NihabaAshi> Exited ER2 Long @ 795.70 --> + 0.1 09:54

<eminitrader> Exited Remainder ES Long @ 1519 --> 0

<NihabaAshi> Lucky exit considering it was a trade mistake.

Simply, I saw something that really wasn't there. 09:55

<Pepe> ok

<pat255> report in 5min.. 09:56

<NihabaAshi> Shorts ER2 @ 795.80 -> small size

<werner> intuition niha? 09:57

<les> Shorts ER2 @ 795.5 «« paper »» 09:58

Shorts ER2 @ 795.4 «« paper »» 09:59

Covered 1/2 ER2 Short @ 794.4 --> + 1 «« paper »» 10:00

<NihabaAshi> Covered all ER2 Short @ 794.60 --> + 1.2

<eminitrader> Long ES @ 1519

<szubaark> Buys ES @ 1519.50 «« paper »» 10:01

<NihabaAshi> I only had $500 profit goal this morning due to the pending FOMC announcement this afternoon.

<eminitrader> exit stop raised ES @ 1518.50

<NihabaAshi> Simply, I've reached my goal and I'm officially in profit protection mode...

<startrader> Shorts ES @ 1519.25 «« paper »»

<NihabaAshi> 1 contract only until the FOMC announcment.

<szubaark> Exited all Long ES at 1518.50 --> - 1 «« paper »» 10:02

<eminitrader> Exited all ES Long @ 1518.50 --> - 0.5

<szubaark> Shorts ES @ 1518.50 «« paper »»

<les> Covered Remainder ER2 Short @ 794.3 --> + 1.1 «« paper »» 10:04

<startrader> Covered all ES Short @ 1518 --> + 1.25 «« paper »»

18.75

<eminitrader> Long ES @ 1518.50

<Trader222> I dont know why I hadn't realized there's a 3rd possible situation re fomc: 25bps but cut discount rate 50bps =

just thought about that last nite; and on that situation; no clue how tape will react

it helps more that simple 25bps; and hurts the USD less that a full 50bps 10:05

sorta in-between

<rickf> i'm thinking negative --- would show that more help is needed for the banks than the consumer?

(i dont agree w/that btw) 10:06

<Trader222> rickf: I think that's pretty accepted

banks are not lending commercial paper

<eminitrader> exit stop raised ES @ 1518

<Trader222> I guess my thought is that for a week I felt today and rest of week would be "easy trade" based of short if 25bps, long if 50bps; and now just realizing I have no tradeplan at all if 25bps/discount50bps and that annoys me 10:07

<rickf> *nods* 10:08

<Trader222> and FOMC day/week is not good without a plan, at least for me

<rickf> oh definately...frankly i wont do much if anything until after 215 10:09

more likely after 230

<eminitrader> Exited 1/3 ES Long @ 1519.50 --> + 1

next target 1520.50 ..be back 10:10

<szubaark> hopefully we break out of this consolidation soon 10:13

<les> fomc day szu

prob not 10:14

<szubaark> yup, just want to get one good trade before 2:15

<les> hehe

the othet term for that is suicide?

<szubaark> as most likely i wont trade FOMC announcment as i have no plan for it

<eminitrader> too early to plan for the fomc szu.. 10:16

<pat255> em u trade the fomc announcement? 10:17

<szubaark> its too volatile for me

<eminitrader> all we need is to wait for mrkt reaction after the announcement ...

<pat255> k ..

<eminitrader> yes 10:18

<rickf> my view if there was no major move by 10ET it would be a watch-paint-dry day until the fed

< - watching paint dry

<eminitrader> usually the mrkt makes a move either way...and then consolidayes during lunchtime for the announcement 10:19

Exited Remainder ES Long @ 1518 --> - 0.5 10:21

Long ES @ 1518.25 10:23

<les> Shorts ER2 @ 795.3 «« paper »» 10:24

<eminitrader> looking like the floor is setting up support for the next move 10:25

<les> Covered all ER2 Short @ 795.5 --> - 0.2 «« paper »» 10:26

<eminitrader> es ym struggling @ lows ..nq at highs 10:27

<les> Shorts ER2 @ 795.5 «« paper »» 10:28

<szubaark> Hopefully Ill get my Target Overnight lows@1516.50

<les> Covered all ER2 Short @ 795 --> + 0.5 «« paper »» 10:29

<eminitrader> Long ES @ 1517 -> Add 10:31

<les> Long ER2 @ 794.2 «« paper »» 10:32

<startrader> Long ES @ 1517 «« paper »»

<szubaark> Covered all Short ES at 1517.25 --> + 1.25 «« paper »»

<les> Long ER2 @ 794.6 -> Add «« paper »»

<Andy> Shorts ER2 @ 794.3 «« paper »» 10:33

<eminitrader> nice patience szu 10:35

<NihabaAshi> Long ER2 @ 794.50 -> small size 10:36

1 contract only

<pat255> later guys ty all 10:37

<startrader> Exited all ES Long @ 1517 --> 0 «« paper »»

<NihabaAshi> volatility contracting 10:38

<startrader> Shorts ES @ 1517 «« paper »» 10:40

<eminitrader> Long ES @ 1516 -> Add 10:41

<NihabaAshi> Exited ER2 Long @ 794.20 --> - 0.3

Reverse and Enter Short ER2 @ 794.20

<startrader> Covered all ES Short @ 1516.25 --> + 0.75 «« paper »» 10:42

<les> Long ER2 @ 793.9 -> Add «« paper »»

<NihabaAshi> Covered ER2 Short @ 793.70 --> + 0.5 10:45

That was a gift when ER2 popped back up to the 794.30 price to allow me a position reversal when other key markets started declining.

<les> hehe bastids... the y move it 1 tick below lod for fake, then buy like shit 10:47

nope, they were serious this time :) 10:48

<eminitrader> Long ES @ 1515 -> Add 10:49

<Andy> Covered 1/3 ER2 Short @ 793.2 --> + 1.1 «« paper »»

<NihabaAshi> Why weren't they serious when I was Short :)

<les> they got your telephone no.

<NihabaAshi> In that case, I'll call in a bomb threat the next time I'm short. 10:50

<startrader> Long ES @ 1515.25 «« paper »»

<les> they monitor my router as well

hlol

Shorts ER2 @ 793.4 «« paper »» 10:52

<startrader> Exited 1/2 ES Long @ 1516 --> + 0.75 «« paper »» 10:54

<les> Shorts ER2 @ 793.3 -> Add «« paper »» 10:55

<startrader> 1515.50 10:56

Exited Remainder ES Long @ 1515.50 --> + 0.25 «« paper »»

<twmoody> short YM at 13715 10:57

<eminitrader> stop @ 1514.25 ..be back

<Andy> Covered 1/3 ER2 Short @ 791.8 --> + 2.5 «« paper »» 11:00

<les> Covered 1/2 ER2 Short @ 791.7 --> + 1.6 «« paper »»

<startrader> Long ES @ 1514.25 «« paper »» 11:01

Long ES @ 1514.25 -> Add «« paper »» 11:02

<twmoody> ym out +5 +10

<les> Covered Remainder ER2 Short @ 791.7 --> + 1.7 «« paper »» 11:07

done for today

back thurs

<startrader> Exited 1/2 ES Long @ 1515.50 --> + 1.25 «« paper »» 11:08

<eminitrader> Exited all ES Long @ 1514.25 --> - 4.75

got to go for an oil change ...see u a;; later

<startrader> Exited 1/4 ES Long @ 1516 --> + 1.75 «« paper »» 11:11

Exited Remainder ES Long @ 1516 --> + 1.75 «« paper »» 11:13

<KnnK> Long ER2 @ 791.9 11:14

<startrader> Long ES @ 1516 «« paper »» 11:17

Exited all ES Long @ 1516.25 --> + 0.25 «« paper »» 11:21

too much chop in here.

<Andy> Covered Remainder ER2 Short @ 792.4 --> + 1.9 «« paper »» 11:23

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)

<KnnK> Exited 1/2 ER2 Long @ 792.4 --> + 0.5

* codehead_afk is now known as codehead 11:28

<KnnK> Exited 1/4 ER2 Long @ 792.4 --> + 0.5 11:33

sell stop to enter short ER2 @ 790.9 11:34

<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) 11:54

<rickf> heh....1 hr at the gym, shower, and the market is right where it was when i left. yep, it's a fed day lol 11:55

<startrader> Shorts ES @ 1517.50 «« paper »» 12:33

<KnnK> entry stop raised ER2 @ 791.9 12:41

<NihabaAshi> Long ER2 @ 793.00 -> small size 12:47

:( 12:53

<twmoody> Long YM 13748

<NihabaAshi> Just lost my patience and its trying extremely hard to move higher :( 12:54

Exited ER2 Long @ 793.10 --> + 0.1 12:58

<twmoody> Exit YM 2/3 +5 +10 12:59

<NihabaAshi> ER2 is also due for a volatility spike and right now its pointing upwards as long as the other key markets continue giving support. 13:00

Long ER2 @ 793.80 -> small size 13:11

<szubaark> Shorts ES @ 1520 «« paper »» 13:14

exit stop set ES @ 1521.50 «« paper »» 13:15

Volatility spike to downside 13:16

Hopefully i can catch a Red WRB to downside for my exit. 13:21

:( 13:23

<silo2> nasdaq just spiked up 13:26

<szubaark> ES holding at highs here

<Andy> Shorts ER2 @ 794.7 «« paper »» 13:27

EMD dropping 13:29

<NihabaAshi> Gold and Oil still providing support for the Eminis 13:30

<twmoody> EXIT YM 1/3 BE

<Andy> Covered all ER2 Short @ 794.5 --> + 0.2 «« paper »» 13:34

<NihabaAshi> exit stop raised ER2 @ 793.90 13:37

<szubaark> Covered all Short ES at 1521.50 --> - 1.5 «« paper »» 13:43

<rickf> ES spike....on what? pre-fed jitters? 13:46

<silo2> Advancing volume going up 13:48

people buying into fed right now

wonder what's going to happen afterwards

<KnnK> entry stop raised ER2 @ 792.9 13:49

<startrader> Shorts ES @ 1523.25 «« paper »» 13:50

<szubaark> Shorts ES @ 1523 «« paper »» 13:51

<pat255> em N u guys are L here? 13:52

<NihabaAshi> I still am 13:53

<pat255> k thks

* sep34 is now known as sep34_away 13:56

<eminitrader> no trade yet pat

<pat255> ty em..

<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) 13:57

<szubaark> Covered all Short ES at 1523 --> 0 «« paper »»

<eminitrader> will log out of mirc shortly...too much bandwidth may cause freezing ....during high activity in the eminis

<pat255> k em.. 13:59

<NihabaAshi> Financial networks now "hyping" how important this rate cut will be because they say the "Entire World" is watching :) 14:02

Folks this is just a "interest rate" announcement...not a New Years Eve countdown to zero :) 14:03

<eminitrader> hehehe 14:04

<pat255> right ..he is going to cut it ..just play long

<eminitrader> k guys will log back later 14:09

<NihabaAshi> exit stop raised ER2 @ 794.50

<Trader222> NihabaAshi where are u long from? 14:10

<NihabaAshi> 793.80

<Trader222> nice

<KnnK> entry stop raised ER2 @ 794.00 14:11

exit limit raised ER2 @ 794.00 14:13

<NihabaAshi> Exited ER2 Long @ 797.30 --> + 3.5

<pat255> vvn N 14:14

nice N

<NihabaAshi> geeeshhh 14:15

looks like gaming slot machine

<Nesi> WOW

.25 14:16

<szubaark> NQ spike from Hell

<silo2> hold on tight guys

<startrader> Shorts ES @ 1512.50 «« paper »» 14:17

<ItalianSharp> great tradestation just froze on me

<NihabaAshi> .25 cut around the board but the vote not unaminous

<silo2> first move could mean the fake move

<NihabaAshi> Gold and Oil still looking weak 14:19

Shorts ER2 @ 785.50 -> small size 14:20

<rickf> i got horrible fills on my ES short, both enter and exit. -1pt 14:23

<Trader222> everything frozze for me

not one short / SO upset

<NihabaAshi> Covered ER2 Short @ 779.40 --> + 6.1

WRB Analysis

Learn More

<pat255> wow N going

<szubaark> I was scared to short as it could bounce back 20 points in no time 14:24

<pat255> y...szu

<ItalianSharp> i prefer to leave the FOMC trading to guys like Niha and Emini...i dont do enough size yet to even afford 1 mini dow contract during the announcement 14:25

<NihabaAshi> Floor guys was expecting .50

first time I heard that

<ItalianSharp> that should be good for the greenback 14:27

<silo2> nice niha !!!

<Trader222> anyone else freeze up and not be able to get entries 5min ago?

<rickf> yeah -- trading thru optionsxpress

<NihabaAshi> trader222...who's your broker ??? 14:28

<ItalianSharp> yes, tradestation froze for like a minute or so

didnt happen the last time

<Trader222> IB and esignal

running my FOMC screens which are light 14:29

<ItalianSharp> this is also one of the reasons i hate trading during such high volatility announcements

<NihabaAshi> Only my charting program froze for about 5 seconds

<werner> ts not froze here ITS

<silo2> niha.... what other tools or software do you use other than qcharts? 14:30

<NihabaAshi> I have two data providers (Futuresource and QCharts).

<rickf> crap, no i have no data alltogether.... 14:31

<szubaark> its part of the biz. lol

prepare for the worst.

<silo2> niha.. where do you have your futures accounts at? 14:32

which one is good

tradestation seems to charge pretty high

<Brutus> esig was dodgy leading into this, someone paid the techs

<Nesi> open e cry i have and it did not freeze at all

<NihabaAshi> silo...I have 3 brokers

<silo2> mbtrading?

<NihabaAshi> see pm i'm sending you.

don't know what mbtrading is :) 14:33

<szubaark> geez, nose dive 14:36

<NihabaAshi> just lost my Oil and Gold charts :( 14:37

<Trader222> SO frustrated by lockup; now ok but so annoying at no shorts

<szubaark> im had a feeling they taking it up all day to drop it Hard and Fast after FOMC

<rickf> yeah i am seriously peeved at OXPS today. Market orders took over 20 seconds to fill 14:38

thankfully i was flat when the datafeed died 14:39

<szubaark> im surprised YM quotes didnt go down yet :))

<rickf> debating about shorting the nikkei at 6PM tonight to ride it down some more 14:40

just out of curiosity has anyone ever had big delays doing market orders during peak events? shorted 2 es contracts and it took over 20 secs to fill 14:42

limit orders obviously can take a while -- but market orders usually are immediate

<NihabaAshi> Shorts ER2 @ 775.40 -> small size 14:43

volatility breakout 14:44

Covered ER2 Short @ 776.30 --> - 0.9 14:46

Long ER2 @ 776.90 -> small size

ER2 moving too fast for a position reversal :( 14:47

<szubaark> time for rebound? LOL 14:48

<KiwiRoo> .25 cut isn't that bad.... jee+ 14:49

<NihabaAshi> Exited ER2 Long @ 777.20 --> + 0.3 14:50

:(

<Trader222> spx 1490

<NihabaAshi> Long ER2 @ 778.50 -> small size 14:54

:( 14:55

<Trader222> took small long, didn't post, 2 busy at SPX 1490/dow cash 13,500

<NihabaAshi> geeesh

Exited ER2 Long @ 777.60 --> - 0.9 14:58

Reverse and Enter Short ER2 @ 777.60

weakness in other key markets...I lost my support on that Long

* Trader222 out tiny long+2 15:00

<Trader222> shoulda taken 97

<NihabaAshi> Covered ER2 Short @ 776.00 --> + 1.6

<bulldog> Long ER2 @ 774.60 -> small size «« testing »» 15:01

sell stop to enter short ER2 @ 773.50 «« testing »» 15:03

<werner> gn all

<NihabaAshi> be back later...taking a little rest after having no breaks today. 15:05

* NihabaAshi is now known as NihabaAshi_away

<bulldog> Covered all ER2 Short @ 773.50 --> 0 «« testing »» 15:09

<startrader> Shorts ES @ 1491.75 «« paper »» 15:16

<bulldog> buy limit to enter long ER2 @ 770.70 «« paper »» 15:19

<startrader> Covered 1/2 ES Short @ 1486 --> + 5.75 «« paper »»

<Andy> Long ER2 @ 771.2 «« paper »» 15:22

<Trader222> now dow up100 :) 15:24

<startrader> Covered Remainder ES Short @ 1486 --> + 5.75 «« paper »» 15:25

<Andy> vn, st

<rickf> NICE 15:27

<Trader222> confirm: SPX 1484 is 200dm right here?

<startrader> thnx

<Andy> Exited 1/2 ER2 Long @ 772.3 --> + 1.1 «« paper »» 15:28

Exited 1/4 ER2 Long @ 773.5 --> + 2.3 «« paper »» 15:31

<startrader> Shorts ES @ 1589.25 «« paper »»

<Trader222> out ES scalp long 2/3 size, from spx 1484 200dma; BE rest 15:32

<rickf> k guy si'm done for the day. that bad trade just put me in a stand-aside mood for the day. tty tomolrrow 15:35

<startrader> Covered all ES Short @ 1487 --> + 102.25 «« paper »»

<rickf> hopefully get better fills, too. :)

<Andy> Exited Remainder ER2 Long @ 771.6 --> + 0.4 «« paper »» 15:38

<startrader> buy stop to enter long ES @ 1483.50 «« paper »» 15:42

Exited all ES Long @ 1482.25 --> - 1.25 «« paper »» 15:45

<bulldog> ER2 768.40 is 61.805 fib retracement from low on 12/4

<Andy> Long ER2 @ 770.0 «« paper »»

<startrader> Long ES @ 1481.50 «« paper »»

<Andy> Exited all ER2 Long @ 769.1 --> - 0.9 «« paper »» 15:46

<startrader> Long ES @ 1479.75 -> Add «« paper »»

<bulldog> Long ER2 @ 768.40 «« paper »» 15:48

Exited all ER2 Long @ 767.30 --> - 1.1 «« paper »» 15:49

<szubaark> slow, controlled selling. 15:51

* Trader222 Long scalp Es 78.5 15:52

out 2/3 79.5+1 15:54

<Trader222> BE rest

* NihabaAshi_away is now known as NihabaAshi

* Trader222 out rest 80+1.50 15:55

<Trader222> pitiful short cover eod bounce

<NihabaAshi> Shorts ER2 @ 767.30 -> small size 15:58

* Trader222 tinylong 79.5 es

<Trader222> stop at 78

sure seems we have more red tomorrow 15:59

<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) 16:00

* Trader222 out ES long 1/2 size 1480.50 +1

<NihabaAshi> Covered ER2 Short @ 766.80 --> + 0.5 16:01

Reverse and Enter Long ER2 @ 766.80

* Trader222 out all 80+0.5

<ItalianSharp> yeah, mkts closed near lows...however, i am not too sure we'll have more downside tomorrow

<NihabaAshi> Buyers showed up :(

<ItalianSharp> guess it was "some" short covering

<NihabaAshi> Should'uv taken the big WRB profit when I had it around 765.00 16:02

* sep34_away is now known as sep34

<ItalianSharp> yeah, greed is a bad enemy niha...:) 16:03

wow, just took a look at US 10yr and it flew to the upside 16:04

amazing run

<NihabaAshi> Exited ER2 Long @ 767.20 --> + 0.4 16:05

<Brutus> ============ U.S. MARKETS ACTION =========== 16:07

DJIA down 294.26 points to 13433.01

NASDAQ down 65.32 points to 2653.60

S&P 500 down 37.57 points to 1478.39

10-year T-note up 1 88/32 at 102 10/32 yield 3.966

NYMEX Spot Crude up $2.18 at $90.04/bbl at close

Dollar/Euro down 0.0069 at 1.4651

http://custom.marketwatch.com/custom/tda meritrade-com/html-story.asp?guid={84468 039-531c-4931-94ab-2675f5cf2ee9}

<NihabaAshi> Shorts ER2 @ 765.80 -> small size 16:10

geeesh... 16:12

I didn't expect more buyers to show up again before the close.

Covered ER2 Short @ 765.40 --> + 0.4 16:14

<silo2> how many points today niha? 16:24

* sep34 is now known as sep34-AWAY 16:52

<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) 18:06

* DisconnectedSession Close: Tue Dec 11 21:30:21 2007 21:30

Sponsor:
Skype

Google:

#FuturesTrades past logs can be searched via using Google. For example, pretend you want to research what has been said about volatility analysis. Go to the Google search window below and type in "volatility analysis" site:thestrategylab.com (exactly as I typed it including the quotation marks) and you will find everything associated with those key words that were used by any member of #FuturesTrades.


We are proud to say that our chat room members are from the following geographical areas in the world:

Argentina, Australia, Belgium, Brazil, Canada, Denmark, France, Germany, Greece, Hong Kong (China), Israel, Italy, Japan, Mexico, Portugal, Puerto Rico (U.S.), Saudi Arabia, Singapore, Spain, United States and Venezuela.

In addition, below are the trading instruments our chat room members monitor closely to make trade decisions:

CME Emini Futures EMD, ER2, ES and NQ

CBOT mini-sized Dow Futures YM

Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

Eurex Fixed Income Derivatives BUND, BOBL and Schatz

Euronext Futures FTSE-100 and CAC-40

CME Futures EuroFX EC

Treasury Futures T-Notes ZN, ZF and T-Bonds ZB

Forex Currencies EurUsd, EurYen and UsdCdn

Exchange Traded Funds DIA, IWM, QQQQ, SPY, OIH, XLE and GLD

NYMEX Energies Light Crude Oil CL, e-miNY QM and Natural Gas NG

COMEX Metals Gold GC and ZG

Hang Seng Index Futures HSI

Last of all, if you have any questions about any of the above commentary, specific trades et cetera...

Don't hesitate to ask your questions and we'll reply back as soon as possible.