Session Start: Wed Jan 29 09:21:54 2003 Session Ident: #FuturesTrades [09:21] * Now talking in #FuturesTrades [09:21] * Topic is 'Trade Journals with daily, weekly or monthly results are posted by traders at http://pub90.ezboard.com/fthestrategylabfrm87 Note: Journals are not required.' [09:21] * Set by X on Wed Jan 22 19:17:31 [09:21] [NihabaAshi] Password changes, trade post script changes and trader profiles are posted ONLY at free discussion board at http://www.thestrategylab.com/Forums.htm [09:22] G' Morning, Nihaba [09:22] Good morning all. [09:22] gm Nihaba [09:23] .msg x showcommands [09:28] * Kalle wishes a good morning [09:28] gm Kalle [09:29] Hi dude...hi Kalle. [09:29] :) [09:29] gm Kalle, dude [09:29] Hi Niha [09:30] 8,4 >>> 8,2 results of the FOMC meeting @ 14:15 EST 8,4 <<< 1,0 [09:31] 0,4 Shorts ES @ 849.5 [09:32] good morning. [09:32] 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. [09:34] gm [09:35] 0,4 Shorts ES @ 848 [09:37] 0,2 exit 1/3 ES @ 845 --> + 3 [09:37] 0,2 exit all ES @ 844.5 --> + 5 [09:38] brave trades [09:38] Nice trading all. [09:38] Excellent entries. [09:38] Thanks. I've still got a lot of work to do on my entries. They usually aren't very good :( [09:39] 0,2 exit 1/3 ES @ 844.25 --> + 3.75 [09:40] 0,3 Buys ES @ 845 [09:40] 0,6 exit stop set ES @ 846.50 [09:40] 0,6 exit stop set ES @ 843 [09:41] 0,2 stop hit ES @ 846.50 --> + 1.5 [09:42] 0,2 exit 1/2 ES @ 847 --> + 2 [09:42] 0,6 exit stop set ES @ 845 [09:43] Allright! Payday for #FT! [09:47] 0,6 exit stop set ES @ 846 [09:49] 0,4 Shorts ES @ 847.50 [09:51] 0,3 Buys ES @ 47.25 [09:52] 0,2 exit all ES @ 47.75 --> + 0.5 [09:54] 0,2 exit all ES @ 848.25 --> - 0.75 [09:56] 0,2 exit all ES @ 846 --> + 1 [09:56] 0,4 Shorts ES @ 846 [09:56] 0,4 Shorts ES @ 48 [09:56] 0,4 Shorts ES @ 846 [09:56] 0,6 exit stop set ES @ 848 [09:58] 0,2 exit all ES @ 46.50 --> + 1.5 [09:58] 0,2 exit all ES @ 848 --> - 2 [09:59] 0,4 Shorts NQ @ 987.5 [09:59] market very noisy now [10:01] 0,4 Shorts ES @ 846 [10:01] 0,6 exit stop set ES @ 848 [10:03] NG seems to be making one of those up triangle things [10:03] on the 1 minute [10:04] 0,2 exit all ES @ 848 --> - 2 [10:04] 0,2 exit all ES @ 848 --> - 2 [10:05] we caught the grinder [10:05] tricky stuff [10:05] 0,2 exit all NQ @ 990.5 --> - 3 [10:05] 0,3 Buys NQ @ 993 4,0 垂 paper 遙 [10:05] 0,4 Shorts ES @ 848.50 [10:06] 0,4 Shorts ES @ 848.25 [10:06] 0,6 exit stop set NQ @ 990 4,0 垂 paper 遙 [10:06] 0,6 exit stop set ES @ 850 [10:06] 0,2 stop hit NQ @ 990 --> - 3 4,0 垂 paper 遙 [10:08] 0,4 Shorts ES @ 48 [10:09] 0,2 exit all ES @ 47.25 --> + 0.75 [10:09] wood chipper is on [10:10] big time [10:12] Good scalping market [10:12] 0,2 exit all ES @ 850 --> - 1.75 [10:12] 0,3 Buys ES @ 850 [10:16] szu u got it now :) [10:16] 0,2 exit 1/2 ES @ 852 --> + 2 [10:16] 0,6 exit stop set ES @ 850 [10:21] NQ to 1k [10:21] IMO [10:21] * X changes topic to 'Trade Journals with daily, weekly or monthly results are posted by traders at http://pub90.ezboard.com/fthestrategylabfrm87 Note: Journals are not required.' [10:22] If I hadn't already hit my targets for today, I'd buy it :-D [10:24] 0,4 Shorts ES @ 851.75 -> small size [10:24] 0,4 Shorts ES @ 52 [10:24] 0,2 exit all ES @ 850 --> 0 [10:25] 0,2 exit 1/2 ES @ 850.25 --> + 1.5 [10:25] 0,3 Buys NQ @ 993 4,0 垂 paper 遙 [10:26] 0,6 exit stop set ES @ 851.50 [10:26] 0,2 exit all ES @ 50.50 --> + 1.5 [10:28] 0,2 exit remainder ES @ 851 --> + 0.75 [10:30] 0,4 Shorts ES @ 851 [10:31] 0,2 exit all ES @ 50.50 --> + 800.5 [10:31] +0.5 [10:35] 0,6 exit stop set NQ @ 886 4,0 垂 paper 遙 [10:36] Whoops. [10:36] 0,6 exit stop set NQ @ 986 4,0 垂 paper 遙 [10:41] 0,4 Shorts ES @ 49 [10:43] 0,2 exit all NQ @ 987 --> - 6 4,0 垂 paper 遙 [10:44] 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. [10:47] 0,4 Shorts ES @ 46.50 -> Add [10:52] 0,2 exit 1/2 ES @ 46 --> + 0.5 [10:56] 0,2 exit remainder ES @ 47 --> + 2 [10:58] 0,4 Shorts ES @ 47.50 [11:01] 0,3 Buys ES @ 846.75 4,0 垂 paper 遙 [11:01] 0,2 exit all ES @ 46.75 --> + 0.75 [11:02] 0,2 exit 1/3 ES @ 847.00 --> + 1.5 [11:02] 0,2 exit 2/3 ES @ 847.50 --> + 0.75 4,0 垂 paper 遙 [11:03] 0,2 exit remainder ES @ 847.75 --> + 1 4,0 垂 paper 遙 [11:06] 0,2 exit 2/3 ES @ 848.25 --> + 0.25 [11:06] TS 6 ES data probelms ? [11:08] TS, eSignal and QCharts are having problems today. [11:08] eSignal and Qcharts had problems yesterday...not sure about TS. [11:15] TS had probs yesterday [11:16] Sorry...I got eSignal and TS mixed up about yesterday. [11:16] Your right...TS did have problems yesterday. [11:17] Sucks...today I made trades on delay visual charts in QCharts and accurate continuous data from my broker. [11:17] I really hope they fix these data problems with TS 7 release [11:17] There was often a 6 - 10sec delay between the two. [11:17] yes Niha, same here [11:17] :(( [11:17] Cost me from having more profits today :( [11:32] 0,3 Buys ES @ 49.75 [11:33] * FutureFuturesTrader shorts TRADE at market [11:33] :D [11:39] 0,2 exit all ES @ 50.75 --> + 1 [11:44] Note: I won't be here on Friday via I'm taking a 3day Weekend (market break) and will hang-out at the ski resort :) [11:44] I think it remains flat till the FOMC announcement [11:44] good on you Nihaba :) [11:46] * HPete is now known as HPete_away [11:56] 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. [12:12] I use pats jtrader w/ rand plus IB.... usually one of the two is working :) [12:14] lol [12:14] how has everyones trading been today [12:15] not as good as yesterday, but ok [12:15] good ... [12:15] I made my goal today and exceeded nicely on monday tuesday [12:15] great :) [12:15] what is your "goal" ? [12:15] who generally makes money in this room? [12:16] I'm conservative $300 per day is goal but often make 2 to 3 x that amount [12:16] i guess Nihaba trades the biggest sizes in the room [12:17] he has the most experience I imagine [12:17] $300/day/contract ? [12:17] yes. [12:17] k [12:17] 6 points [12:18] grind it out.... I trade europe too [12:18] was up most of the night [12:18] Dow Jones Eurostoxx 50 [12:18] you are from USA ? [12:18] texas [12:19] u [12:19] Germany [12:19] cool [12:19] but I don愒 trade STOXX and DAX [12:19] why? [12:19] hmmm....I couldnt find a good system for them [12:20] ah, I use pats jtrader...works well....w/ my methods. [12:20] but I惴 working on it :) [12:20] I meant a good trading system/strategy [12:20] I know. [12:20] k [12:21] I use same methods on all stock indices [12:21] also; sp500 guru is great chat room ... has made me $ [12:22] but I use my own methods ...generally keep it simple... [12:22] complex doesn't work. [12:22] Kalle...its been awhile since I've traded some size...lately I've just haven't been too comfortable with going heavy with +30 contracts. [12:23] My norm is between 3 - 9 contracts for the past few months. [12:23] ah, didn愒 know that [12:23] my range has been 3-8 recently. [12:23] I started reducing my size after I had all those computer problems late last year. [12:23] up to 16 but rarely [12:23] that will do it :) [12:24] k, have to take quick lunch here...brb [12:24] * Kalle is now known as Kalle_|_away [12:25] nihaba were they computer problems or network problems or problems with broker server??? [12:26] Computer problems with both my custom built systems. [12:27] On 3 occassions they both crashed in the middle of a +30 contract trade... [12:27] ouch [12:27] luckily the trades were at profits by the time I got the broker on the phone. [12:27] were you able to call and get out [12:27] Yep. [12:27] yes [12:28] I used to trade on the floor [12:28] much easier to trade size there [12:28] My stepfather was a floor trader in the late 70's [12:28] cool [12:28] and early 80's. [12:29] I traded wheat [12:29] you use candle sticks primarily? [12:30] Yes...but also with Bollinger Bands, MACD, Stochastic and Price exponential moving averages. [12:30] I use Bollinger and moving averages...not just crossover but slope [12:32] what do you normally risk per contract on a trade? I generally never risk more than 2 points. [12:32] usually more like 1 to 1.5 [12:32] or less [12:32] gotta get some lunch. [12:33] My risk (stop) varies depending upon the trade setup or the location of the price reversal peaks. [12:33] thx chat later [12:33] Take care Marte. [12:41] We're forming a very interesting candle on the NQ AllSes Daily [12:43] FFT...exactly...if both ES and NQ finishes the day higher without giving back any gains...tomorrow will be very interesting to see... [12:44] if the market can put in a counter-thrust against this downtrend that started mid January. [12:44] Then I can test my ability in a rising market :-D [12:44] If a counter-thrust does occur on the daily charts...it should lose strength via testing the declining 50eMA that's on the daily charts. [12:45] ES current daily chart 50eMA is 892.90 [12:45] NQ current daily chart 50eMA is 1026.66 [12:49] * Kalle_|_away is now known as Kalle [12:54] * Disconnected Session Close: Wed Jan 29 12:55:43 2003 Session Start: Wed Jan 29 13:24:25 2003 Session Ident: #FuturesTrades [13:24] * Now talking in #FuturesTrades [13:24] * Topic is 'Trade Journals with daily, weekly or monthly results are posted by traders at http://pub90.ezboard.com/fthestrategylabfrm87 Note: Journals are not required.' [13:24] * Set by X on Wed Jan 29 10:21:27 [13:24] [NihabaAshi] Password changes, trade post script changes and trader profiles are posted ONLY at free discussion board at http://www.thestrategylab.com/Forums.htm [13:25] bye all ! good night [13:27] 0,3 Buys ES @ 859 [13:34] 0,6 exit stop set ES @ 857 [13:39] 0,2 exit 1/3 ES @ 859 --> + 1 [13:42] 0,6 exit stop set ES @ 862 [13:54] 0,2 exit 1/3 ES @ 856.75 --> + 3.25 [13:56] 0,6 exit stop lowered ES @ 860 [14:00] FOMC announcement at 2:15pm est...this thing could pop either way in the next 10 to 20mins. [14:00] I'm on the sidelines and will watch. [14:01] I've setup a hard stop, I'll let it run. [14:03] Financial networks hyping the ideal that traders are not concerned nor focusing on today's FOMC announcement... [14:03] instead...traders are focused on IRAQ situation. [14:04] If there's a strong...up or down...the Networks will be wrong. [14:04] :) [14:04] :) [14:07] nice jazz [14:07] :) [14:07] 0,3 Buys ES @ 858 [14:08] 0,6 exit stop set ES @ 856 [14:09] hard Stop [14:17] NO CHANGE!!! [14:17] Lets see if she goes up strongly now. [14:18] Szu...that brief drop almost hit your stop. [14:18] 0,2 exit 1/2 ES @ 860 --> + 2 [14:18] I know!! [14:18] 0,2 stop hit ES @ 860 --> 0 [14:19] 0,2 exit all ES @ 858 --> 0 [14:19] 0,4 Shorts ES @ 858 [14:20] 0,6 exit stop set ES @ 860 [14:20] 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] will reverse [14:20] 0,4 Shorts ES @ 858 [14:21] die now [14:22] 0,4 Shorts ES @ 57.25 [14:22] 0,2 exit 1/2 ES @ 856 --> + 2 [14:22] 0,6 exit stop set ES @ 858 [14:23] 0,2 exit 1/3 ES @ 856.25 --> + 1.75 [14:24] 0,2 exit all ES @ 858 --> 0 [14:24] bastids [14:25] 0,4 Shorts ES @ 856.75 [14:26] 0,6 exit stop set ES @ 859 [14:27] jazz..whats your Stop now? [14:27] Battle going on right now for you guys. [14:27] BB line [14:28] 0,2 exit 1/3 ES @ 855.75 --> + 2.25 [14:29] 0,2 exit all ES @ 55.75 --> + 1.5 [14:29] BB line? [14:30] 860 [14:31] I have Upper BBand line on the 1min chart about 859.45 [14:32] 0,2 exit all ES @ 859 --> - 2.25 [14:32] 0,3 Buys ES @ 859 [14:32] For the ES. [14:34] 0,2 exit remainder ES @ 860.25 --> - 2.25 [14:37] Market trying very hard to figure out which way to go now. [14:37] 0,4 Shorts ES @ 859 [14:40] 0,2 exit 1/2 ES @ 861 --> + 2 [14:41] 0,2 exit all ES @ 861.75 --> - 2.75 [14:45] 0,4 Shorts ES @ 862 [14:47] 0,2 exit all ES @ 859.25 --> + 0.25 [14:47] 0,4 Shorts ES @ 859.25 [14:47] 0,2 exit 1/3 ES @ 859.75 --> + 2.25 [14:49] 0,6 exit stop set ES @ 861.25 [14:50] 0,2 stop hit ES @ 861.25 --> + 0.75 [14:50] Wow...there's going to be a lot of trade notes studying tonight :) [14:50] 0,2 exit all ES @ 862 --> - 2.75 [14:51] 0,3 Buys ES @ 862 [14:53] 0,4 Shorts ES @ 861.50 [14:57] 0,2 exit all ES @ 863 --> - 1.5 [14:57] Looks like ES trying hard for a BreakOut above that ascending triangle. [14:58] fighting this ES too much today. [14:59] a pure random walk here [15:01] yes, dont u all feel the market has become VERY competative last 2 years? I feel more people jumped into minis [15:01] well, the result is random, but definitely something is going on. [15:01] I agree. [15:02] im getting less and less followthru on my runners...We get 1 good trending day a week rest is just nonsense [15:02] Soon we are going to start seeing organizations offering Level II (Market Depth) classes on the Eminis. [15:04] I'm sure there's room for it in the market. [15:04] ES seems a little toppy...but it's been fighting hard to stay up since the rate announcement. [15:04] ES will only fall if NQ falls. [15:05] If both falls to their 50eMA support on the 1min chart...that's when things will get intersting. [15:05] lets see if Bonds market is willing to push this higher [15:06] I completely forgot about the Bond Boys equation...lets see :) [15:07] ES support at 860.00 [15:08] I'm getting weird quotes in NQ [15:08] 0,2 exit 1/2 ES @ 864 --> + 2 [15:11] szu...do you think you can get more on that remainder 1/2 ? [15:13] 0,4 Shorts ES @ 864 [15:16] 0,2 exit all ES @ 865 --> - 1 [15:25] yes..Im looking for +10! [15:25] looking good szu.. [15:25] Nice szu...very nice. [15:26] 0,6 exit stop set ES @ 863 [15:27] I don't think this will come down (knock on wood)... [15:27] I think it will keep these gains and stay above their 10eMA support by close. [15:28] via 3min chart. [15:28] Daily chart is now looking like a Bullish Reversal signal. [15:28] It will need a higher close tomorrow to confirm. [15:30] im Looking for Buy programs to kick in hard [15:30] 0,6 exit stop set ES @ 864 [15:31] Tomorrow morning or now by the close? [15:31] I'm tempted to do a overnighter Long with 1 contract. [15:32] If I do...I'm hoping for a little price pullback to get a better price. [15:32] markets oversold...by close and overnight..im tempted to hold my Long overnight [15:32] 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. [15:32] this would be first time in 2 years I would hold overnight [15:34] If we can get a nice little pullback now...I will go overnight with 1 contract. [15:34] Long position. [15:34] watch daily chart, it gives some clues [15:37] next Fib levels, 874, 886 [15:37] Thanks Jazz. [15:38] Are those bullish levels you think ES will take out or resistance levels ? [15:40] 1st res 874, if it breaks next 886, assuming we will have 2 bull sessions. [15:40] but, need to break 868. [15:42] if it breaks today, it can become nice support. [15:43] There was a BIG RUMOR of a possible Buy Program coming in to the market after 3:30pm est. [15:43] Floor traders are saying its a rumor and won't happen. [15:43] BTW, 861.50 was last Fib level [15:46] 868 either res or supp. [15:52] Hmmm...interesting...ES stuck on its 50eMA support on the 1min chart. [15:55] 0,2 exit all ES @ 864.25 --> + 2.25 [15:56] now it's on 100eMA [15:56] Yep. [16:02] 100eMA looks resistance now [16:02] This sucks...daily chart has NQ high price almost testing the 50eMA resistance... [16:02] ES close is now below the critical 5eMA. [16:03] Come on down...give me a good Long entry price. [16:03] Hmmm, I think I'll go long with you as well. . .just one contract tho. [16:04] If 60 holds [16:04] ES approaching 200 eMA on 1 minute [16:04] FFT...I'm watching very closely what the ES does at its 200eMA support on the 1min chart. [16:05] Heh, You 2? :-) [16:05] 0,3 Buys ES @ 861.50 -> Swing / Position Trade 4,0 垂 paper 遙 [16:06] Compx is not breaking down like the futures, NQ & ES [16:06] I'm going to have 2 Long positions...1 paper and 1 real. [16:06] I think the market is dropping beacuse Saddan just said he will "break then neck of the USA" [16:07] 0,3 Buys NQ @ 860.5 4,0 垂 paper 遙 [16:07] Whoops, that's a real trade on ES :) [16:08] 0,3 Buys ES @ 861.25 -> Swing / Position Trade [16:08] Ok...I'm set...1 paper and 1 real. [16:08] LOL Szu. When Saddam made his "suicide" quote I immediately thought of the Crack Suicide Squad from the Life of Brian. [16:09] I have a -10 point stop loss in place. [16:09] Take care all...see all tomorrow. [16:09] bye Nihaba [16:09] bye all [16:09] Bye :) [16:09] bye Jaz [16:09] * Disconnected Session Close: Wed Jan 29 16:09:45 2003