Session Start: Fri Jan 24 09:18:10 2003
Session Ident: #FuturesTrades
[09:18] * Now talking in #FuturesTrades
[09:18] <X> [NihabaAshi] Password changes, trade post script changes and trader profiles are posted ONLY at free discussion board at http://www.thestrategylab.com/Forums.htm
[09:20] <NihabaAshi> Good morning szu.
[09:21] <NihabaAshi> I'm going very lite on the position size today...no Key Economic Reports today to stir things up.
[09:22] <FutureFuturesTrader> Yeah, this afternoon will be a sleeper it appears :(
[09:28] <szubaark> gm
[09:28] <dude> gm 
[09:28] <FutureFuturesTrader> Howdy dude & szu
[09:28] <dude> hello FFT
[09:32] <X> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position...strictly enforced.
[09:33] <FutureFuturesTrader> 0,4 Shorts NQ @ 881.25 
[09:33] <FutureFuturesTrader> Whoops, that's ES
[09:37] <Kalle> hi all
[09:37] <szubaark> hi Kalle
[09:37] <szubaark> anybody seen pt? is he ok?
[09:39] <NihabaAshi> szu...I lost his email address...I'm unable to send him an email.
[09:42] <Kalle> same here
[09:43] <HPete> gm everyone
[09:44] <NihabaAshi> 0,4 Shorts ES @ 879.50 
[09:44] <FutureFuturesTrader> 0,2 exit all NQ @ 879 --> + 2.25 
[09:45] <FutureFuturesTrader> ES not NQ
[09:46] <NihabaAshi> 0,2 exit 2/3 ES @ 878.75 --> + 0.75 
[09:46] <FutureFuturesTrader> And it's Payday over at #futuresTrades again :-D
[09:46] <NihabaAshi> :)
[09:47] <NihabaAshi> Friday's are the best pay days :)
[09:47] <FutureFuturesTrader> I didn't think it'd tank this far on a no news morning.  
[09:47] <NihabaAshi> Same here...I'm a little surprise its not ranging.
[09:48] <FutureFuturesTrader> Geez, is there some news out or something?
[09:49] <NihabaAshi> 0,2 exit remainder ES @ 876.75 --> + 2.75 
[09:50] <Kalle> wow !
[09:50] <HPete> yep...BBC released news from Iraq...they prepare for chemical war
[09:50] <FutureFuturesTrader> Wow, if we close below 865, that'll be real bad news for ES
[09:50] <NihabaAshi> Geesh...what's going on...I'm scanning the Euro networks right now to see if its news related.
[09:51] <NihabaAshi> I think its purely technical.
[09:51] <FutureFuturesTrader> Pure Tech would mean buy at the bottom, right?
[09:53] <szubaark> Be careful of Fridays...
[09:53] <dude> Question is where is the bottom?
[09:54] <szubaark> 0,3 Buys ES @ 873.75 
[09:54] <Kalle> 0,3 Buys ES @ 873.50 
[09:54] <Kalle> risky imo
[09:54] <szubaark> 0,6 exit stop set ES @ 872 
[09:54] <szubaark> Kalee, where is your Stop?
[09:57] <Kalle> 0,2 exit 1/2 ES @ 874.5 --> + 1 
[09:57] <Kalle> 0,6 exit stop set ES @ 873.5 
[09:57] <FutureFuturesTrader> Market Depth thingie from IB looks more normal now, wonder if this is our range area for today. . .
[09:58] <Kalle> sorry, didnīt see your message, szu. was focused
[09:58] <Kalle> 0,2 stop hit ES @ 873.5 --> 0 
[09:58] <Kalle> :/
[10:00] <dude> 0,4 Shorts NQ @ 1014 -> Scalp Trade 
[10:01] <FutureFuturesTrader> Well, so much for that range?
[10:01] <szubaark> 0,2 exit all ES @ 872 --> - 1.75 
[10:02] <dude> 0,2 exit scalp NQ @ 1012.5 --> + 1.5 
[10:02] <Kalle> 0,4 Shorts ES @ 872.25 
[10:02] <FutureFuturesTrader> 0,4 Shorts ES @ 871.5 
[10:03] <szubaark> 0,3 Buys ES @ 872 
[10:03] <Kalle> 0,2 exit ES @ 871.75 --> + 0.5 
[10:03] <szubaark> 0,6 exit stop set ES @ 870 
[10:04] <Kalle> 0,2 exit remainder ES @ 871 --> + 1.25 
[10:04] <Kalle> blood and sweat
[10:06] <szubaark> nice Kalle
[10:06] <Kalle> thx
[10:07] * Retrieving #FuturesTrades info...
[10:08] <dude> 0,4 Shorts NQ @ 1010 -> Scalp Trade 
[10:09] <FutureFuturesTrader> 0,2 exit all ES @ 870.25 --> + 1.25 
[10:09] <FutureFuturesTrader> What the heck is keeping ES afloat?
[10:09] <dude> 0,2 exit scalp NQ @ 1009.5 --> + 0.5 
[10:09] <Kalle> nice trades
[10:09] * FutureFuturesTrader should have been trading NQ once again. Maybe someday he'll learn from his mistakes.
[10:17] <szubaark> 0,2 exit all ES @ 870 --> - 2 
[10:17] <szubaark> catching falloing knife
[10:20] <szubaark> 0,3 Buys ES @ 870.25 
[10:20] <szubaark> got to take all signals
[10:21] <FutureFuturesTrader> szu is moving the markets higher
[10:21] <szubaark> 0,6 exit stop set ES @ 868.25 
[10:21] <Jazzlife> hi, guy's.
[10:21] <FutureFuturesTrader> Howdy Jazzlife
[10:21] <Kalle> hi Jazz
[10:23] <Jazzlife> what I've expected yesterady happens today.
[10:23] <szubaark> 0,2 exit all ES @ 868.25 --> - 2 
[10:23] <Kalle> ouch szu 
[10:25] <Jazzlife> watch daily, we could go very low.
[10:25] <FutureFuturesTrader> 865 looks like magic support.  If we close below that, it could be very bad
[10:25] <szubaark> with todays genious trades, im breakeven for week now..have to scramble now
[10:28] <szubaark> there are three factors that could be driving this mkt down. 1. On Monday report on weapons inspecton to the UN. 2. Tuseday BUSH Sate of the Union Address 3. Wednesady FOMC meeting
[10:29] <dude> I think you might be right. Bearish sentiment.
[10:30] <szubaark> 0,3 Buys NQ @ 1004.50 
[10:30] <szubaark> 0,6 exit stop set NQ @ 1001 
[10:32] <NihabaAshi> szu...that would mean the market is pricing in coming bad news.
[10:34] <FutureFuturesTrader> Ya know, in the papers today it really sounded like the entire Bush team was closing ranks.  That'd be a big sign of war if it continues through this weekend.
[10:35] <FutureFuturesTrader> How can you find out the phase of the moon over Iraq for the next few weeks?
[10:39] <szubaark> they Big boys must know something because they selling this hard
[10:39] <HPete> 0,4 Shorts ES @ 68.75 
[10:40] <FutureFuturesTrader> On the 30th and 31st, no moon.  Uh oh.
[10:41] <HPete> 0,2 exit 1/2 ES @ 68 --> + 0.75 
[10:42] <szubaark> 0,2 exit all NQ @ 1001 --> - 3.5 
[10:42] <szubaark> 0,4 Shorts ES @ 867 
[10:43] <szubaark> 0,6 exit stop set ES @ 870 
[10:43] <FutureFuturesTrader> Welcome to the Dark Side, Szu :-D
[10:43] <HPete> 0,2 exit remainder ES @ 67.75 --> + 1 
[10:44] <X> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position...strictly enforced.
[10:48] <szubaark> 0,2 exit all ES @ 870 --> - 3 
[11:00] * HPete is now known as HPete_away
[11:56] <X> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position...strictly enforced.
[12:06] * Kalle is now known as Kalle_|_away
[12:30] <szubaark> 0,4 Shorts ES @ 864 
[12:30] <szubaark> 0,6 exit stop set ES @ 867 
[12:54] * Kalle_|_away is now known as Kalle
[12:59] <szubaark> 0,2 exit 1/2 ES @ 861.50 --> + 2.5 
[12:59] <Kalle> :-))) good patience
[12:59] <szubaark> 0,6 exit stop set ES @ 866 
[13:00] <Kalle> a 6pt stop ? oh
[13:02] <Kalle> by the way...you got the perfect entry on this one
[13:03] <szubaark> 0,6 exit stop set ES @ 864 
[13:08] <X> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position...strictly enforced.
[13:14] <szubaark> 0,6 exit stop set ES @ 863 
[13:19] <NihabaAshi> szu...very nice recovery from your early trades...very nice.
[13:19] <szubaark> 0,6 exit stop set ES @ 862 
[13:19] <szubaark> thanks
[13:19] <szubaark> i took a beating early on
[13:20] <szubaark> i want 858
[13:20] * HPete_away is now known as HPete
[13:21] <FutureFuturesTrader> Heh, my target was 859, and it kept coming soooo close, then going away.  It was driving me nuts.
[13:29] * NihabaAshi is now known as NihabaAshi_lunch
[13:33] <HPete> 0,3 Buys ES @ 60.75 
[13:34] <szubaark> 0,2 exit all ES @ 862 --> + 2 
[13:37] <HPete> 0,2 exit all ES @ 62.25 --> + 1.5 
[13:38] <HPete> 0,4 Shorts ES @ 62 
[13:38] <szubaark> 0,4 Shorts ES @ 862 
[13:39] <Kalle> NQ trying 1000 again...
[13:39] <szubaark> 0,6 exit stop set ES @ 864 
[13:41] <HPete> 0,2 exit all ES @ 62.75 --> - 0.75 
[13:42] <HPete> 100ema reversal didn't work
[13:44] <Kalle> flat +3.5 -- good weekend all
[13:44] <HPete> u2 too Kalle
[13:44] <FutureFuturesTrader> Cya on Monday, Kalle
[13:44] <Kalle> :)
[13:45] * Kalle is now known as Kalle_|_away
[13:53] <HPete> 0,4 Shorts ES @ 63.25 
[13:56] <szubaark> 862 Tough area
[13:58] <HPete> I hope 63-64 is resistance now
[13:59] <szubaark> IF NQ breaks 1000 we going back down
[14:00] <HPete> ES should start falling
[14:02] <HPete> NQ did it
[14:07] <szubaark> ok, they playing games here
[14:08] <HPete> 0,2 exit all ES @ 62.50 --> + 0.75 
[14:11] <HPete> I don't like such low volume
[14:13] <szubaark> Drop you pig
[14:13] <HPete> I see narrowing range 61-64
[14:14] <HPete> buy short volume slowly picking up
[14:14] <szubaark> they wont drop it because no spike to the upside to take all Stops
[14:16] <HPete> it may change and you may have that pig dropping again :)
[14:17] <szubaark> 0,2 exit all ES @ 862.75 --> - 0.75 
[14:17] <szubaark> 0,3 Buys ES @ 862.75 
[14:18] <szubaark> 0,6 exit stop set ES @ 861 
[14:20] <X> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position...strictly enforced.
[14:20] * NihabaAshi_lunch is now known as NihabaAshi
[14:29] <HPete> market too flat now...cya guys on Monday
[14:30] <szubaark> bye
[14:35] <szubaark> 0,2 exit all ES @ 861.50 --> - 1.25 
[14:35] <szubaark> 0,4 Shorts NQ @ 997 
[14:38] <Jazzlife> szu.. you're extremly active today.
[14:45] <szubaark> im trading 2 methods
[14:46] <szubaark> BOTH NQ and ES
[14:46] <szubaark> so far im happy with results...today got beat a little
[14:47] <Jazzlife> so you do spreads with NQ & ES
[14:47] <szubaark> no spreads
[14:47] <Jazzlife> ok
[14:47] <szubaark> spreds is a WHOLE new ballgame
[14:47] <szubaark> probobly take me 5-6 years to do it right lOL
[14:49] <szubaark> 0,2 exit all NQ @ 997.50 --> - 0.5 
[14:49] <szubaark> im going ice fishing
[14:50] <Jazzlife> in Finalnd?
[14:50] <Jazzlife> finland
[14:51] <szubaark> no, Michigan
[14:51] <szubaark> USA
[14:51] <szubaark> heh
[14:51] <szubaark> walley, perch and crappies
[14:52] <szubaark> My Total for day is -$447.50  not a good day. but week still positive
[14:52] * szubaark is now known as szubaark_Away
[15:00] <NihabaAshi> I love perch.
[15:05] <FutureFuturesTrader> Me 2.  My wife grew up i a fishing household in the great lakes.  She ate so much fresh lake perch as a kid, she hated it.
[15:05] <FutureFuturesTrader> I can't even imagine that.
[15:32] <X> This room is only for Trade Posting (real or paper) and/or discussions about a posted trade or key market events that could affect a trader's open trade position...strictly enforced.
[16:08] <NihabaAshi> I'm calling it a week...its miller time :)
[16:08] <NihabaAshi> Take care all and enjoy the weekend and see all on Monday.
[16:08] <Jazzlife> take care all.
[16:09] * Disconnected
Session Close: Fri Jan 24 16:09:22 2003