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#FuturesTrades December 27th Wednesday 2006 Trade Log

#FuturesTrades is a private and free realtime trading posting chat room on the IRC Othernet server that allows traders from all over the world to communicate.

Click here for the instructions on gaining access to #FuturesTrades.

In addition, trades posted by members of #FuturesTrades in the below trade post chat log are by traders that do not have access to TheStrategyLab.com strategies except for NihabaAshi.

Fee-based clients of TheStrategyLab.com strategies use the private IRC rooms called #TheStrategyLab and #SwingTradingTSL.

Further, you'll find below the chat room time stamped text log of realtime trades (real money and simulator) that were posted by full-time, part-time traders from around the world and the timestamp is eastern standard time (est). 

Also, below NihabaAshi's trading blog like comments, you can read the time stamped trades (prices, entries, exits et cetera) and market discussions that sometimes contains trading tips or insights that are more useful than what you will see at any other futures blog or chat room.

Trading Blog Below is not your traditional trader's blog in the usual blog format. However, you will find informative commentary on a few occasions as time permits and such will contain trading tips that should help your trading as I attempt to sum up my thoughts for the trading day.

 

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ER2 EuroFX EC
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Trading Perspective 

I'm still on holiday vacation and my computer was on to record today's trade posting log by other users of #FuturesTrades...log posted below.

There's some interesting comments below in the chat log about how to trade profitably for the remainder of December 2006 and the first few trading days of January 2007.

Today's results (real money and simulator trading) shown above are that of NihabaAshi only. To see his total accumulated points for the month of December...click here. To see results for the months of 2006 and prior years...click here.

Commentary by M.A. Perry (a.k.a. NihabaAshi)  
intradaystrategies@yahoo.com

Note: Each month there are a few trading days that we consider to involve interconnecting key price action of different markets and such is represented by a particular type of price action from one of the key markets. You can view the charts and their clues that's associated with the key price action at our key market archives.

  

Session Start: Wed Dec 27 09:36:39 2006Session Ident: #futurestrades
* Now  #FuturesTrades purpose and benefits...click here.09:36
<X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm
<NihabaAshi> Good morning all...I'm not trading today but wanted to log the chat today for the chat archives.09:37
<pat255> niha we must trade ...lol09:38
<RussellDaytrade>  Shorts ER2 @ 801.3 «« paper »» 10:00

Covered all ER2 Short @ 799.8 --> + 1.5 «« paper »» 10:14

Shorts ER2 @ 800.4 «« paper »» 10:29

Covered all ER2 Short @ 799.1 --> + 1.3 «« paper »» 10:35
   
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   Trading Strategies ->   These strategies will reveal and explain specific strategies from entry to exit that exploit inefficiencies in the price action of your trading instrument for profits in the following trading instruments: Emini Index Futures (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), Forex Currencies (EurUsd, EurYen, UsdCdn), Exchange Traded Funds (DIA, GLD, OIH, IWM, QQQQ, SPY, XLE) and Hang Seng Index Futures (HSI) 
  
<NihabaAshi> If anybody is curious about if we are in a current key "Market Seasonal Tendency" pattern...
Read what "trendy" saids in this thread...
http://www.elitetrader.com/vb/showthread .php?s=&threadid=64965&perpage=5&pagenum ber=1178
<pat255> thks niha
<NihabaAshi> If your day trading it...you should be position size managining your day trades via small size on the Shorts and larger size on the Longs.10:36
If your swing trading....you should be looking for Long entries only.10:37
Simply, market seasonal tendencies have priority and its not a good time to be counter-trend trading.10:38
However, if you do counter-trend trade against a "market seasonal tendency"...take fast profits when profits appears or risk seeing those profits vaporize quickly when the seasonal tendency kicks into full gear.10:39
<pat255> very true niha ...pa proves that
<ItalianSharp> thanks for sharing niha10:41
seasonal tendecies rule
<Brutus> Wonder if this had a influence on the opening rally 9:21 (Dow Jones) CBOT and CME also will remember late President Gerald Ford by observing two minutes of silence, beginning at 9:30 a.m. EST10:42
<RussellDaytrade> in my opinion, it does and did have an influence
<X>  #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (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, QQQQ, SPY)
<RussellDaytrade>  Shorts ER2 @ 800.4 «« paper »» 10:43
this ones early, i expect it will go higher on this run, but will be early to at least have one short
Shorts ER2 @ 801.4 -> Add «« paper »» 10:45
Covered 1/2 ER2 Short @ 801.5 --> - 0.1 «« paper »» 10:58
Shorts ER2 @ 802.5 -> Add «« paper »» 11:03
<Brutus> Dax up 1.6 %11:04
<RussellDaytrade> Santa sighted in Germany! tossing back a gew after long night!11:05
Covered 1/2 ER2 Short @ 801.4 --> + 1.1 «« paper »» 11:33
<Brutus> 1200/1700 Nov Chicago Fed Midwest Mfg Index -0.4%11:53
  
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* codehead_afk is now known as codehead12:06
<eminitrader> hi all12:20
<X>  #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (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, QQQQ, SPY)13:03
<RussellDaytrade> check out that volume on the er, EM. they're sawing logs.13:11
799 as current target, in aprox 25-30 from now13:22
* code is now known as codehead14:15
  
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<Chilly> see you folks next week, Happy New Year!15:02
<X>  #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (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, QQQQ, SPY)15:27
<yo> gn all16:12
<NihabaAshi> I'll be hear tomorrow but I will not be trading.16:28
Just logged in to document the chat log.
Take care all and see all tomorrow.
* DisconnectedSession Close: Wed Dec 27 16:28:36 2006
  

 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.

  

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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 ES, NQ and ER2 

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

Hang Seng Index Futures HSI

Last of all, if you have any questions about either #EminiFutures general market chat room, #FuturesTrades realtime trade posting room or the two realtime strategy discussion rooms used by traders with access to our fee-based strategies called #TheStrategyLab and #SwingTradingTSL...

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

Sincerely,

M.A. Perry and Associates

TheStrategyLab.com

questions@thestrategylab.com

"The point of this whole exercise is to make money. Everything else is just conversation." --Jonathan Hoenig


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