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

Session Start: Fri Dec 19 09:30:28 2008
Session Ident: #FuturesTrades
[09:30] * Now talking in #FuturesTrades
[09:30] <@X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
[09:30] <pat255> That lack of activity on euro is a bit strange
[09:30] <@NihabaAshi_away> Good morning all
[09:30] <+silo> wow tf and nq spiked
[09:31] * NihabaAshi_away is now known as NihabaAshi
[09:31] <futurible> gm all
[09:32] * Tintin 12,2----[0,2 covers 0,2 es 15,2@0,2 893.50 +3 12,2]----
[09:32] <werner> gm all
[09:34] <+Tintin> hi werner, wie ghets
[09:34] <ItalianSharp> morning all
[09:34] <rickf> gm
[09:35] <+Tintin> hi
[09:35] * +Tintin 9,3----[0,3 buys 0,3 cl 15,3@0,3 421.31 9,3]----
[09:35] * +Tintin 9,3----[0,3 buys 0,3 cl 15,3@0,3 42.31 sorry 9,3]----
[09:36] <+silo> 0,4 Shorts YM @ 8680 4,0 «« paper »»
[09:36] <+silo> 1
[09:37] <@NihabaAshi> 0,4 Shorts ES @ 892.50 -> large size
[09:37] <@NihabaAshi> 6 only
[09:39] <+silo> 0,2 Covered all YM Short @ 8660 --> + 20 4,0 «« paper »»
[09:39] <@NihabaAshi> 0,2 Covered 1/2 ES Short @ 890.00 --> + 2.5
[09:39] <+werner> hi tintin....fine thanks
[09:40] <+Tintin> are you from Germany, if i may ask of course ?
[09:41] <+werner> mmm... ts down here
[09:41] <+silo> yeah sharp is having troubole too
[09:41] <+silo> mine works though

[09:41] <+werner> no from holland
[09:41] <+ItalianSharp> i am from italy
[09:41] <+werner> lol
[09:41] <+ItalianSharp> guess europeans getting screwed
[09:41] <+ItalianSharp>

(
[09:42] <+Tintin> i'm from Belguim here ...
[09:42] <+ItalianSharp> nice
[09:42] <+werner> nice
[09:42] <+Tintin> Belgium sorry
[09:42] <+ItalianSharp> you guys neighbors
[09:42] <+Tintin> yup
[09:42] <+werner> yep
[09:42] <+Tintin> i like to do shopping in Maastricht ...
[09:43] <szubaark> 0,4 Shorts ES @ 888.25 4,0 «« paper »»
[09:43] <+werner> yes nice city to chop
[09:43] <@NihabaAshi> 0,2 Covered ES Short @ 888.00 --> + 4.5
[09:43] <@NihabaAshi> Holding 1 contract remainder
[09:43] <+szubaark> 0,2 Covered all Short ES at 887.25 --> + 1 4,0 «« paper »»
[09:43] <+ItalianSharp> tradestation sucks, honestly
[09:43] <+ItalianSharp> this is total bullshit
[09:44] <+werner> indd IS
[09:44] <+ItalianSharp> gonna give it 15 extra minutes
[09:44] <+ItalianSharp> before i call in and insult them
[09:44] <+ItalianSharp> 2 weeks ago tehy costed me over 700 bucks because their stop loss function didnt work
[09:44] <+silo> woooHOOO you tell them sharp
[09:44] <+silo> !
[09:45] <+szubaark> Italian, TS owes you all next year FREE-Commission trading for all the problems u had with them
[09:45] <+ItalianSharp> agree
[09:45] <+ItalianSharp> go tell the CEO though
[09:47] <+silo> szu is afraid to call them.... 'cuz he is on the blacklist
[09:47] <+szubaark> :p
[09:48] <+ItalianSharp> i'll be on the blacklist soon
[09:49] <+ItalianSharp> 12 more minutes
[09:49] <+ItalianSharp> before i vent off at them
[09:50] <@NihabaAshi> I know I'm on TradeStation blacklist from the past when they were known as Omega Research.
[09:50] <@X> 1,4 #FuturesTrades Info -> 1,0 Some members (including me) explain basic details about their trades posted in #FuturesTrades @ http://thestrategylab.com/forum/index.php?board=58.0 and there's a link there to take you to #FuturesTrades archived logs if you're interested in reviewing past trades or market commentary posted in #FuturesTrades.
[09:51] <@NihabaAshi> I use to manage a Omega Research user group on Yahoo and IRC...use to bring them lots of new clients until they decided it was cool to stop giving me commissions on the new clients.
[09:51] <@NihabaAshi> 0,2 Covered Remainder ES Short @ 891.50 --> + 1
[09:52] <+ItalianSharp> 9mins left before ItalianSharp officially joins TS's blacklist
[09:52] <+ItalianSharp>

[09:52] <@NihabaAshi> I then converted the Omega clients into QCharts and FutureSource clients...they lost about +300 clients.
[09:53] <@NihabaAshi> eSignal did the same thing when they purchase QCharts and FutureSource...
[09:54] <@NihabaAshi> Manage decided to stop giving commissions to those that brought new clients to them.
[09:54] <+werner> still no ts IS?
[09:54] <@NihabaAshi> Weird decision making from both TS and eSignal
[09:55] <@NihabaAshi> 0,4 Shorts ES @ 889.75 -> small size
[09:55] <@NihabaAshi> 3 only
[09:55] <@NihabaAshi> Actually 2 only
[09:56] <+rickf> i refuse TS because they refuse to stop spamming me -- plus all the problems I hear here and elsewhere
[09:56] <+ItalianSharp> werner, NOPE
[09:56] <+rickf> and they offer no demo
[09:57] <+rickf> so you have to fund an account (ie give them a short term loan) just to see things. i dont think so!
[09:57] <+werner> thnx IS here dito
[09:57] <+ItalianSharp> i am connecting now
[09:57] <+ItalianSharp> 3mins shy of my phone call
[09:57] <+ItalianSharp>

[09:57] <+ItalianSharp> let's see if it's for real this time
[09:57] <+ItalianSharp> cant see data yet
[09:58] <+ItalianSharp> and the trading tag on bottom right is still red
[09:58] <jbuch> ts froze up on me at the open had to reboot and just got it again
[09:58] <+ItalianSharp> waiting for data...
[09:58] <+ItalianSharp> damn...not working i guess
[09:58] <@NihabaAshi> 0,2 Covered ES Short @ 891.50 --> - 1.75
[09:58] <@NihabaAshi> 0,3 Reverse and Enter Long ES @ 891.50
[09:58] <+ItalianSharp> i got faked out
[09:58] <+ItalianSharp>

(
[09:58] <+werner>

[09:58] <+werner> ts ok now here
[09:59] <+ItalianSharp> is it ok?
[09:59] <+werner> yes
[09:59] <+ItalianSharp> all tags are green?
[09:59] <+werner> yep
[09:59] <+ItalianSharp> try to log off and log back on
[09:59] <+ItalianSharp> tell me if it works
[09:59] <@NihabaAshi> 0,2 Exited ES Long @ 890.00 --> - 1.5
[09:59] <@NihabaAshi> 0,4 Reverse and Enter Short ES @ 890.00
[09:59] <+ItalianSharp> i aint trading until i can log off and on a few times without problems
[09:59] <+rickf> anyone here an options trader? got a DITM question
[09:59] <@NihabaAshi> still 2 only
[09:59] <+szubaark> 0,4 Shorts ES @ 889.50 4,0 «« paper »»
[10:00] <+ItalianSharp> TS back on now
[10:01] <+ItalianSharp> gonna try to log off and see if it's for real
[10:02] <+silo> omg my ts disconnected... had me scared
[10:02] <+silo> but i'm back in again

[10:03] <@NihabaAshi> 0,2 Covered all ES Short @ 892.00 --> - 2
[10:03] <+szubaark> 0,2 Covered all Short ES at 892.50 --> - 3 4,0 «« paper »»
[10:04] <@NihabaAshi> 0,3 Long ES @ 892.75 -> small size
[10:04] <@NihabaAshi> 3 only
[10:05] <+szubaark> 0,3 Buys ES @ 893 4,0 «« paper »»
[10:06] <+pat255> just chop around ...thot it wil up day with GM bailout
[10:06] <+pat255> euro drop hard today
[10:10] * +Tintin 12,2----[0,2 covers 0,2 estx 15,2@0,2 2470 +5 12,2]----
[10:11] * +Tintin 12,2----[0,2 covers 0,2 cac 15,2@0,2 3243 +10 12,2]----
[10:11] <+szubaark> 0,2 Exited all Long ES at 896.25 --> + 3.25 4,0 «« paper »»
[10:13] * +Tintin 4,5----[0,5 shorts 0,5 tf 15,5@0,5 492.0 4,5]----
[10:14] * +Tintin 12,2----[0,2 covers 0,2 cl 15,2@0,2 42.61 +0.030 12,2]----
[10:14] * +Tintin 12,2----[0,2 covers 0,2 tf 15,2@0,2 491.0 +1 12,2]----
[10:15] <@NihabaAshi> 0,2 Exited all ES Long @ 898.00 --> + 5.25
[10:16] * +Tintin 4,5----[0,5 shorts 0,5 ym 15,5@0,5 8714 4,5]----
[10:16] * +Tintin 4,5----[0,5 shorts 0,5 es 15,5@0,5 898.25 4,5]----
[10:19] <+rickf> back later
[10:24] <@NihabaAshi> Just got tired...feeling exhausted again.
[10:24] <@NihabaAshi> Be back later
[10:24] <+pat255> later N
[10:24] * NihabaAshi is now known as NihabaAshi_away
[10:26] <+silo> 0,4 Shorts YM @ 8740 4,0 «« paper »»
[10:26] <+silo> 1
[10:30] <+szubaark> 0,4 Shorts ES @ 900.50 4,0 «« paper »»
[10:31] <+silo> th is is against trend
[10:31] <+silo> so be careful
[10:33] <+szubaark> 0,2 Covered all Short ES at 900.50 --> 0 4,0 «« paper »»
[10:33] <+szubaark> lost patience
[10:37] <+silo> 0,6 exit stop set YM @ 8740 4,0 «« paper »»
[10:37] <+silo> breakeven stop
[10:40] <+silo> 0,2 Covered all YM Short @ 8740 --> 0 4,0 «« paper »»
[10:47] <+silo> 0,4 Shorts YM @ 8753 4,0 «« paper »»
[10:47] <+silo> 1
[10:50] <+szubaark> 0,4 Shorts ES @ 900.50 4,0 «« paper »»
[10:51] <+silo> 0,6 exit stop set YM @ 8753 4,0 «« paper »»
[10:57] <+silo> 0,2 Covered all YM Short @ 8719 --> + 34 4,0 «« paper »»
[10:59] <+szubaark> 0,2 Covered all Short ES at 899 --> + 1.5 4,0 «« paper »»
[10:59] * +Tintin 12,2----[0,2 covers 0,2 ym 15,2@0,2 8704 +10 12,2]----
[11:03] * +Tintin 12,2----[0,2 covers 0,2 es 15,2@0,2 898.25 flat 12,2]----
[11:05] <+silo> 0,3 Long YM @ 8705 4,0 «« paper »»
[11:06] * +Tintin 4,5----[0,5 shorts 0,5 tf 15,5@0,5 489.6 4,5]----
[11:07] * +Tintin 12,2----[0,2 covers 0,2 tf 15,2@0,2 488.6 +1 12,2]----
[11:07] <+silo> 0,2 Exited all YM Long @ 8690 --> - 15 4,0 «« paper »»
[11:14] <+silo> 0,3 Long YM @ 8691 4,0 «« paper »»
[11:14] * NihabaAshi_away is now known as NihabaAshi
[11:14] <@NihabaAshi> 0,3 Long ES @ 897.00 -> medium size
[11:14] <@NihabaAshi>

[11:16] <+pat255> ES some support @ 200ma 1min...curently @ 893.75ish
[11:16] <+szubaark> 0,3 Buys ES @ 897 4,0 «« paper »»
[11:20] <+szubaark>

(
[11:21] <+szubaark> 0,6 exit stop moved to breakeven ES @ 897 4,0 «« paper »»
[11:21] <@NihabaAshi> 0,2 Exited all ES Long @ 898.00 --> + 1
[11:21] <+szubaark> 0,2 Exited all Long ES at 897.75 --> + 0.75 4,0 «« paper »»
[11:24] <+silo> 0,2 Exited all YM Long @ 8685 --> - 6 4,0 «« paper »»
[11:24] <@NihabaAshi> 0,4 Shorts ES @ 896.50 -> small size
[11:24] <@NihabaAshi> 3 only
[11:24] <bazooka85> 0,3 Long ES @ 897.25 4,0 «« paper »»
[11:24] <+bazooka85> GM all
[11:24] <+bazooka85> slept at like 3 looking at charts
[11:24] <+szubaark> hi baz
[11:25] <+bazooka85> hi
[11:25] <+silo> 0,3 Long YM @ 8687 4,0 «« paper »»
[11:25] <+bazooka85> quadriple witch day today
[11:26] <+bazooka85> 3:00-4:00 EST
[11:26] <+silo> 0,2 Exited all YM Long @ 8675 --> - 12 4,0 «« paper »»
[11:27] <+bazooka85> 0,2 Exited all ES Long @ 895.25 --> - 2 4,0 «« paper »»
[11:27] <@NihabaAshi> 0,2 Covered all ES Short @ 895.00 --> + 1.5
[11:28] <@NihabaAshi> I'm done for the day...every trade is a psychological struggle (too stressful)...need to re-energize this weekend.
[11:29] <+pat255> looks like trading done for the day
[11:29] <@NihabaAshi> Take care all and see all on Monday.
[11:29] <+pat255> later N
[11:29] <+bazooka85> cya
[11:31] <+bazooka85> 0,4 Shorts ES @ 895.25 4,0 «« paper »»
[11:32] <+szubaark> 0,3 Buys ES @ 896.25 4,0 «« paper »»
[11:36] * +Tintin 9,3----[0,3 buys 0,3 cl 15,3@0,3 42.31 9,3]----
[11:36] * +Tintin 4,5----[0,5 shorts 0,5 gc 15,5@0,5 838.5 4,5]----
[11:40] * +Tintin 12,2----[0,2 covers 0,2 gc 15,2@0,2 837.5 +1 12,2]----
[11:40] <+bazooka85> brb
[11:43] * codehead_afk is now known as codehead
[11:45] * +Tintin 9,3----[0,3 buys 0,3 es 15,3@0,3 891.75 9,3]----
[11:45] * +Tintin 9,3----[0,3 buys 0,3 ym 15,3@0,3 8631 9,3]----
[11:46] <+bazooka85> 0,2 Covered all ES Short @ 892.25 --> + 3 4,0 «« paper »»
[11:48] <+szubaark> 0,2 Exited all Long ES at 890.75 --> - 5.5 4,0 «« paper »»
[11:48] <+szubaark> 0,4 Shorts ES @ 890.75 4,0 «« paper »»
[11:48] <+szubaark>

(((
[11:50] <+bazooka85> 0,3 Long ES @ 891.75 4,0 «« paper »»
[11:51] <codehead> top was within 4 ticks of .618 bounce (of yesty hi to low)
[11:51] <+szubaark> tricky, confusing action
[11:51] <+jbuch> I don't really follow volume and don't what it means but there was a massive vol spike on spy a couple of minutes ago with very lttle price movement
[11:51] <+codehead> retraced .500, stalled there a bit, slipping more now
[11:52] <+codehead> 8595 is .
[11:52] <+bazooka85> 0,2 Exited all ES Long @ 889.75 --> - 2 4,0 «« paper »»
[11:52] <+codehead> .618
[11:52] <+bazooka85> it fell past .618
[11:52] <+bazooka85> wait let me look again
[11:53] <+codehead> 8598 is a symmetry target as well
[11:55] <+bazooka85> 0,4 Shorts ES @ 889.75 4,0 «« paper »»
[11:56] <@X> 1,4 #FuturesTrades Info -> 1,0 Some members (including me) explain basic details about their trades posted in #FuturesTrades @ http://thestrategylab.com/forum/index.php?board=58.0 and there's a link there to take you to #FuturesTrades archived logs if you're interested in reviewing past trades or market commentary posted in #FuturesTrades.
[11:57] * +Tintin 9,3----[0,3 buys 0,3 tf 15,3@0,3 485.2 9,3]----
[11:59] * +Tintin 12,2----[0,2 covers 0,2 cl 15,2@0,2 42.61 +0.30 12,2]----
[12:01] <+rickf> back but lurking - lots going on today and really dont want to trade futs on quadwitch anyway
[12:02] <+bazooka85> hmm
[12:02] <+bazooka85> hit my order and would take me out in paper, but in RL nope
[12:03] <+bazooka85> 0,2 Covered all ES Short @ 886.75 --> + 3 4,0 «« paper »»
[12:04] <+szubaark> 0,2 Covered all Short ES at 885.50 --> + 5.25 4,0 «« paper »»
[12:04] <+rickf> wtg
[12:05] <+szubaark> this is intresting chart today

[12:05] <+szubaark> dont see this everyday, ramp up then slide down
[12:07] <+bazooka85> 0,3 Long ES @ 884.25 4,0 «« paper »»
[12:08] <+bazooka85> lets do some bottom picking shall we?
[12:08] <+szubaark> silo's the bottom/top picker
[12:09] * +bazooka85 is taking his position
[12:14] <+bazooka85> 0,2 Exited all ES Long @ 887.00 --> + 2.75 4,0 «« paper »»
[12:15] <+bazooka85> paper i got out at +3, but i want to make sure realistic
[12:16] <+szubaark> 0,3 Buys ES @ 887.25 4,0 «« paper »»
[12:19] <+codehead> 8569 target on 1 min
[12:19] <+bazooka85> 0,3 Long ES @ 885.75 4,0 «« paper »»
[12:19] <+codehead> hit 69
[12:19] <+bazooka85> let the market come to u szu
[12:28] <+szubaark> bazooka its a tradeoff for me, jumping the entry getting good fill OR waiting for Conformation but going with strength
[12:29] <+bazooka85> which do u get burned more?
[12:29] <+bazooka85> missed oppourtunity is better than lost money
[12:30] <+szubaark> jumping trade trying to get good entry
[12:30] <+bazooka85> lol
[12:30] <+bazooka85> i used to do that
[12:30] <+szubaark> actually my Long that i took while back was jumping trade trying to get good entry, i paid for it
[12:30] <+bazooka85> well shouldnt say used to
[12:30] <+bazooka85> i did it just yesterday
[12:30] <+bazooka85> lol
[12:30] <+bazooka85> 0,2 Exited all ES Long @ 888.75 --> + 3 4,0 «« paper »»
[12:30] * +Tintin 12,2----[0,2 covers 0,2 tf 15,2@0,2 486.2 +1 12,2]----
[12:31] <+pat255> vn guys
[12:34] <+szubaark> 0,2 Exited all Long ES at 888.75 --> + 1.5 4,0 «« paper »»
[12:34] <+bazooka85> 0,4 Shorts ES @ 889.00 4,0 «« paper »»
[12:40] <kos> .
[12:41] <+bazooka85> finally some red
[12:43] <+bazooka85> 0,2 Covered all ES Short @ 889.00 --> 0 4,0 «« paper »»
[12:43] <+bazooka85> scared
[12:43] <+jbuch> dang some beautifull setups today
[12:43] <+rickf> VIX @ 43.43 ... who'd have thought that would be a "good" thing?
[12:46] <+bazooka85> now it falls!
[12:52] <+bazooka85> 0,3 Long ES @ 886.75 4,0 «« paper »»
[13:04] <+bazooka85> .
[13:14] <+bazooka85> here we go boys
[13:17] * +Tintin 12,2----[0,2 covers 0,2 es 15,2@0,2 891.25 flat 12,2]----
[13:17] <+bazooka85> 0,2 Exited all ES Long @ 891.00 --> + 4.25 4,0 «« paper »»
[13:17] <+pat255> vn
[13:21] <+bazooka85> 0,3 Long ES @ 891.00 4,0 «« paper »»
[13:27] * +Tintin 12,2----[0,2 covers 0,2 ym 15,2@0,2 8621 -10 12,2]----
[13:27] * +Tintin : lunchtime ... bbl
[13:28] <+bazooka85> brb
[13:28] <+szubaark> 0,4 Shorts ES @ 890 4,0 «« paper »»
[13:30] <+bazooka85> here we gooo
[13:31] <+szubaark> damn too soon
[13:33] <Andy> 0,4 Shorts ES @ 892.25 4,0 «« paper »»
[13:36] <+Andy> 0,2 Covered 2/3 ES Short @ 891.25 --> + 1 4,0 «« paper »»
[13:37] <+szubaark> 0,6 exit stop set ES @ 893 4,0 «« paper »»
[13:37] <+Andy> 0,2 Covered Remainder ES Short @ 892.25 --> 0 4,0 «« paper »»
[13:38] <+bazooka85> looking very bullish
[13:38] <+bazooka85> imo
[13:38] <+szubaark> looked bullish this morning and they tanked it lol
[13:39] <+szubaark> some Fib sellers coming in
[13:40] <+szubaark> 0,2 Covered all Short ES at 893 --> - 3 4,0 «« paper »»
[13:41] <+bazooka85> 0,2 Exited all ES Long @ 894.00 --> + 3 4,0 «« paper »»
[13:41] <+bazooka85> just took your money szu

)
[13:41] <+szubaark> hehe...
[13:42] <+szubaark> yea that was a bad Short..i jumped gun
[13:43] <+szubaark> 0,4 Shorts ES @ 892 4,0 «« paper »»
[13:43] <+szubaark> trying again
[13:43] <+szubaark> much better entry
[13:45] <+bazooka85> 0,3 Long ES @ 892.50 4,0 «« paper »»
[13:46] <+silo> that could be a good entry for short szu
[13:46] <+silo> not bad not bad

[13:50] <+bazooka85> 0,2 Exited all ES Long @ 890.50 --> - 2 4,0 «« paper »»
[13:50] <+bazooka85> and u sir just took your money back szu
[13:50] <+szubaark> u still owe me $50
[13:52] <+bazooka85> lol
[13:52] <+bazooka85> no u owe me
[13:52] <+bazooka85> oh
[13:52] <+szubaark> 0,2 Covered all Short ES at 888 --> + 4 4,0 «« paper »»
[13:52] <+bazooka85> ur still in
[13:52] <+bazooka85> im up 1 point overall
[13:52] <+bazooka85> and so are u
[13:53] <+szubaark> overall? im up like $300..gonna take it easy now
[13:53] <+pat255> vn szu ...
[13:53] <+codehead> 8588, just touch, is .618 retracement of bounce
[13:55] <+bazooka85> overall im up 662
[13:55] <+szubaark> thnx
[13:55] * +bazooka85 wishes it was liv
[13:55] <+szubaark> nice
[13:55] <+bazooka85> i lost about this much live yesterday
[13:55] <+bazooka85> err sorry tuesday
[13:56] <+szubaark> baz, if u got $25K u can trade SPY and the lessons wont be as painful
[13:56] <+szubaark> SPY for with ES TICK FOR TICK
[13:56] <+szubaark> SPY moves for with ES TICK FOR TICK
[13:58] <+szubaark> If you dont have Flawless execution, trading the ES can be brutal and painful
[13:59] <+bazooka85> 0,4 Shorts ES @ 889.25 4,0 «« paper »»
[13:59] <+bazooka85> lol
[13:59] <+bazooka85> i dont have close to that much szu
[13:59] <+szubaark> I wish the YM $2 per Tick would come back
[13:59] <@X> 1,4 #FuturesTrades Info -> 1,0 Some members (including me) explain basic details about their trades posted in #FuturesTrades @ http://thestrategylab.com/forum/index.php?board=58.0 and there's a link there to take you to #FuturesTrades archived logs if you're interested in reviewing past trades or market commentary posted in #FuturesTrades.
[14:00] <+bazooka85> i wish ER2 would come back
[14:04] <+bazooka85> 0,2 Covered all ES Short @ 891.25 --> - 2 4,0 «« paper »»
[14:10] <+bazooka85> 0,3 Long ES @ 889.25 4,0 «« paper »»
[14:10] <+bazooka85> idiotic trade
[14:10] <+bazooka85> lets see how it works out
[14:13] <+bazooka85> 0,2 Exited all ES Long @ V --> + V - 889.25 4,0 «« paper »»
[14:13] <+bazooka85> oops
[14:14] <+bazooka85> 887.25 -2
[14:18] <+bazooka85> 0,4 Shorts ES @ 888.75 4,0 «« paper »»
[14:18] <+bazooka85> fail then i go clear my head
[14:19] <+rickf> back to paper?
[14:19] <+silo> it's snowing here now
[14:20] <+bazooka85> yeah
[14:20] <+bazooka85> i failed rickf
[14:21] * +rickf saw you w/some good trades yesterday and today i think
[14:21] <+bazooka85> yep
[14:21] <+bazooka85> market conditions fluctuate
[14:21] <+bazooka85> and today was good for me
[14:21] <+bazooka85> but i have to learn more strategies
[14:22] <+bazooka85> emotion is no longer an issue
[14:22] <+rickf> more like technique nd style
[14:22] <+bazooka85> neither is money management
[14:22] <+bazooka85> 0,2 Covered all ES Short @ 885.75 --> + 3 4,0 «« paper »»
[14:23] <+bazooka85> just need more practice
[14:23] <+bazooka85> and more experience
[14:23] <+rickf> least you recognize that
[14:23] <+bazooka85> i believe the main reason i rushed into things is because i thought the volatility might leave
[14:23] <+bazooka85> and never come back
[14:23] <+rickf> one sec - phone
[14:23] <+bazooka85> need more capital too
[14:26] <+Andy> 0,3 Long ES @ 885.5 4,0 «« paper »»
[14:27] <+Andy> 0,2 Exited 2/3 ES Long @ 887 --> + 1.5 4,0 «« paper »»
[14:29] <+bazooka85> 0,4 Shorts ES @ 886.75 4,0 «« paper »»
[14:30] <+bazooka85> 0,2 Covered all ES Short @ 887.50 --> - 0.75 4,0 «« paper »»
[14:31] <+jbuch> 0,4 Shorts SPY @ 88.8
[14:33] <+jbuch> 0,2 Covered all SPY Short @ 88.91 --> - 0.11
[14:34] <+Andy> 0,2 Exited 1/4 ES Long @ 888.75 --> + 3.25 4,0 «« paper »»
[14:34] <+Andy> h1
[14:34] <+bazooka85> booo
[14:35] <+bazooka85> 0,3 Long ES @ 888.00 4,0 «« paper »»
[14:35] <+bazooka85> another poorly executed trade, lets see how it goes
[14:37] <+jbuch> 0,4 Shorts SPY @ 88.9
[14:43] <+rickf> bak
[14:43] <+jbuch> 0,2 Covered all SPY Short @ 89.5 --> - 0.6
[14:44] <+jbuch> oops 89.05
[14:44] <+Andy> 0,2 Exited Remainder ES Long @ 890.25 --> + 4.75 4,0 «« paper »»
[14:44] <bazooka85> .
[14:45] <+bazooka85> futures oil short covering
[14:45] <+bazooka85> as well as everything else
[14:47] <+rickf> gonna try and pin equities to strikes for the close today
[14:47] <+rickf> big battle last hour
[14:49] <+szubaark> yup
[14:54] * +Tintin : have all a nice EoD & a good WE ... wish u all a merry christmas and a happy newyear ... see u all next year ...
[14:54] <+rickf> cya
[14:54] <+jbuch> 0,4 Shorts SPY @ 89.04
[14:54] <+bazooka85> 0,2 Exited all ES Long @ 888.00 --> 0 4,0 «« paper »»
[14:54] <+bazooka85> jesus
[14:54] <+rickf> likewise with me i will be more out-than-in this next two weeks ... will leave chat open but prolly wont be trading much during this time - have a deadine to meet
[14:55] <+szubaark> 0,4 Shorts ES @ 887 4,0 «« paper »»
[14:57] <+bazooka85> been losing only the last hour and half
[14:57] <+jbuch> 0,2 Covered all SPY Short @ 88.85 --> + 0.19
[14:57] <+bazooka85> will analyze this portion of the market extensively for future reference
[14:57] <+rickf> JS - trading spy or spy options?
[14:57] <+rickf> er JB
[14:58] <+jbuch> spy
[14:58] <+rickf> k
[15:00] <+szubaark> 0,2 Covered all Short ES at 887 --> 0 4,0 «« paper »»
[15:00] <+szubaark> 0,4 Shorts ES @ 885.25 4,0 «« paper »»
[15:01] <+jbuch> not comfertable trading 3 emini contracts but I like to fad out with three positions
[15:01] <+rickf> so you run 3 lots on the spy instead
[15:02] <+bazooka85> ugh, see right now i would gamble and go short, i'm such an idiot
[15:02] <+bazooka85> if i were live
[15:02] <+jbuch> ya errors don"t cost as much
[15:02] <+rickf> trend is down
[15:02] <+bazooka85> still
[15:02] <+bazooka85> i would chase
[15:02] <+rickf> but close to LOD so i'd be waiting
[15:02] <+szubaark> jb how much are commissions per 100 shares on SPY?
[15:03] <+rickf> es bounced of 885.50 a few times so even tho trend is down i would have waited to see if it had broken that before considering a short
[15:03] <+bazooka85> 0,4 Shorts ES @ 887.00 4,0 «« paper »»
[15:03] <+jbuch> 1 buck up to 10
[15:03] <+jbuch> and then 7 per 1000
[15:04] <+rickf> ToS is .015/sh with a $5 min
[15:04] <+szubaark> im really thinking of going with SPY when going live
[15:04] <+jbuch> but shorting it is double
[15:04] <+bazooka85> wait does ES follow SPY
[15:05] <+bazooka85> or $SPX
[15:05] <+rickf> what- watch the futs but trade the etf
[15:05] <+bazooka85> they are a little different
[15:05] <+szubaark> SPY and ES move tick for tick
[15:06] <+bazooka85> 0,2 Covered all ES Short @ 886.00 --> + 1 4,0 «« paper »»
[15:06] <+bazooka85> ok
[15:06] <+bazooka85> this range is looking more bearish
[15:06] <+bazooka85> than anything
[15:06] <+szubaark> right now ES playing with 85.50 too much
[15:07] <+szubaark> 0,6 exit stop set ES @ 888 4,0 «« paper »»
[15:09] <+bazooka85> im not touching it
[15:10] <+szubaark> all you can do is Set Stop and let it do what wants to do
[15:10] <+szubaark> Im Bearish now, so holding Short
[15:10] <+jbuch> I've been busy all day and came in just in time catch the chop

[15:11] <+szubaark> its in a small flag right, should break up or down shortly

)
[15:12] <+jbuch> good money is down ;0
[15:12] <+bazooka85> it's going to be wild
[15:12] <+bazooka85> 0,4 Shorts ES @ 886.50 4,0 «« paper »»
[15:12] <+bazooka85> took a chance
[15:13] <+bazooka85> should fall through to lows if it does indeed fail
[15:13] <+rickf> i'd look short below 984
[15:13] <+bazooka85> there it goes
[15:13] <+rickf> er 884
[15:14] <+szubaark> Volatility increasing
[15:14] <+szubaark> ok,875 should be next
[15:14] <+bazooka85> bluudddd
[15:14] <+bazooka85> 0,2 Covered all ES Short @ 883.25 --> + 3.25 4,0 «« paper »»
[15:15] <+rickf> vn
[15:15] <+jbuch> VN baz
[15:16] <+rickf> got a few buy stops in on equities - doubt they'll get hit today but who knows
[15:16] <+rickf> sorry buy limits
[15:16] <+szubaark> OIL bouncing back
[15:17] <+bazooka85> jesus
[15:17] <+bazooka85> lol
[15:17] <+bazooka85> oil better bounce back
[15:17] <+bazooka85> couple of short covering orders last night
[15:17] <+bazooka85> huge*
[15:20] <+codehead> long 8529 YM <paper> stop 8519
[15:21] <+szubaark> Tightening Stop
[15:21] <+bazooka85> 0,3 Long ES @ 880.50 4,0 «« paper »»
[15:21] <+bazooka85> bottom picking
[15:22] <+codehead> 8547 first target
[15:24] <+bazooka85> 0,2 Exited all ES Long @ 883.50 --> + 3 4,0 «« paper »»
[15:24] <+codehead> exit half +28 YM <paper> at target
[15:24] <+rickf> nice
[15:25] <+codehead> 8580 max target on thsi move
[15:25] <+szubaark> 0,2 Covered all Short ES at 884.50 --> + 0.75 4,0 «« paper »»
[15:25] <+szubaark> 0,4 Shorts ES @ 883 4,0 «« paper »»
[15:26] <+codehead> type in wrong room: exit +20 reminder YM <paper>
[15:26] <+codehead> mistype first half exit--was +18 at target
[15:27] <+bazooka85> 0,4 Shorts ES @ 883.75 4,0 «« paper »»
[15:27] <+bazooka85> 0,2 Covered all ES Short @ 885.75 --> - 2 4,0 «« paper »»
[15:27] <+jbuch> surprising
[15:27] <+codehead> within 5 of my 8580 target (max move)
[15:29] <+jbuch> 0,4 Shorts SPY @ 88.5
[15:29] <+bazooka85> 0,4 Shorts ES @ 883.75 4,0 «« paper »»
[15:30] <+szubaark> wow huge whipsaws
[15:30] <+bazooka85> 0,2 Covered all ES Short @ 885.50 --> - 1.75 4,0 «« paper »»
[15:30] <+bazooka85> im done
[15:30] <+bazooka85> just watching for future reference
[15:30] <+szubaark> this isnt amateur hour right now
[15:31] <+jbuch> 0,2 Covered all SPY Short @ 88.46 --> + 0.04
[15:31] <+codehead> 8580 is .500 retracement, and a symmetry target, btw
[15:34] <+szubaark> i got target below 880
[15:38] <+szubaark> 0,6 exit stop moved to breakeven ES @ 883 4,0 «« paper »»
[15:42] <+codehead> 8520's was are that got to good bids yesterday to bounce it after lod was in, and buyers still there
[15:42] <+szubaark> 0,2 Covered all Short ES at 883 --> 0 4,0 «« paper »»
[15:43] <+jbuch> damn it's like Ali and fraser
[15:43] <+szubaark> lol
[15:43] <+szubaark> 0,3 Buys ES @ 884.25 4,0 «« paper »»
[15:43] <+rickf> or a bad wwf match - who pins who and where and when
[15:44] <+rickf> these big candles are just to keep the crowd interested in the match

[15:44] <+szubaark> its like a drunken bar brawl..fists flying everywhere
[15:45] <+jbuch> dang szu back in you are a glutton for stress
[15:46] <+rickf> too choppy for me
[15:46] <+szubaark> i got bullish setup, just need market to coparate
[15:46] <+rickf> i think lower
[15:46] <+jbuch> ya that last trade was the hardest 12 bucks I have ever made

[15:46] <+rickf> but could be wrong, of course

[15:47] <+szubaark> law of day, Bullish setup, lets see
[15:47] <+rickf> still too congested for me
[15:48] <+szubaark> could be good move, as they choppin everyone down right now
[15:48] <+rickf> 12 mins to close
[15:48] <+rickf> got another 4pt channel here .
[15:49] <+jbuch> yup looks like a wedge to nowhere
[15:50] <+szubaark> 0,6 exit stop moved to breakeven ES @ 884.25 4,0 «« paper »»
[15:50] <+rickf> on and up
[15:51] <+rickf> should be ok above 97
[15:51] <+rickf> er 87
[15:51] <+szubaark> any Bullish at end of day on a down day peeks my intrest
[15:51] <+szubaark> any Bullish signal at end of day on a down day peeks my intrest
[15:52] <+jbuch> 880 is showing some strength
[15:52] <+szubaark> lots of times, they'll do a RIP Spike to upside get all Stops above
[15:54] <+szubaark> 0,2 Exited all Long ES at 884.25 --> 0 4,0 «« paper »»
[15:55] <+szubaark> im done
[15:57] <+rickf> k guys have a good weekend - here's hoping for a better tape on monday

[15:57] <+rickf> see ya
[15:57] <+szubaark> bye
[15:58] <+jbuch> same here have a great weekend all
[15:58] <+codehead> 2 mins for dow to try green close
[15:58] <+codehead> turned back twice
[16:02] <bazooka85> see that big hammer?
[16:02] <+codehead> nice rug pull there
[16:02] <+codehead> retested yesty low after all
[16:02] <@X> 1,4 #FuturesTrades Info -> 1,0 Some members (including me) explain basic details about their trades posted in #FuturesTrades @ http://thestrategylab.com/forum/index.php?board=58.0 and there's a link there to take you to #FuturesTrades archived logs if you're interested in reviewing past trades or market commentary posted in #FuturesTrades.
[16:07] <+bazooka85> alright guys
[16:07] <+bazooka85> have a good weekend
[16:07] <+bazooka85> i'll analyze later
[16:09] <+werner> good wk all
[18:08] <@X> 1,4 #FuturesTrades Info -> 1,0 Some members (including me) explain basic details about their trades posted in #FuturesTrades @ http://thestrategylab.com/forum/index.php?board=58.0 and there's a link there to take you to #FuturesTrades archived logs if you're interested in reviewing past trades or market commentary posted in #FuturesTrades.
Session Close: Sat Dec 20 00:00:00 2008