Session Start: Thu Feb 27 09:23:55 2003 Session Ident: #FuturesTrades [09:23] * Now talking in #FuturesTrades [09:23] [NihabaAshi] Password changes, trade post script changes and trader profiles are posted ONLY at free discussion board at http://www.thestrategylab.com/Forums.htm [09:24] Good morning all. [09:24] G'morning Nihaba [09:24] gm [09:29] good morning. [09:29] hi [09:30] good luck [09:30] 8,4 >>> 8,2 New Home Sales &&& Greenspan speech @ 10:00 @ 10:00 EST 8,4 <<< 1,0 [09:30] :) [09:31] hi everyone [09:31] Howdy HPete [09:32] hi Hpete [09:32] hi Pete [09:33] 0,4 Shorts ES @ 833.25 -> small size  [09:34] 0,4 Shorts NQ @ 985.5 4,0 «« paper »»  [09:34] 0,2 exited 1/2 0,3 Short: 832.25 --> + 1  [09:36] 0,6 exit stop set ES @ 833.5  [09:36] 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. [09:37] 0,2 exited remainder 0,3 Short: 832 --> + 1.25  [09:40] 0,2 exit all NQ @ 982 --> + 3.5 4,0 «« paper »»  [09:40] 0,3 Buys ES @ 831.25  [09:40] 0,3 Buys ES @ 831.75 4,0 «« paper »»  [09:43] 0,2 exit all ES @ 832 --> + 0.25 4,0 «« paper »»  [09:46] 0,4 Shorts ES @ 830.50 -> large size  [09:46] 0,4 Shorts ES @ 830.5 4,0 «« paper »»  [09:51] 0,4 Shorts ES @ 31.50  [09:52] 0,2 exit 1/2 ES @ 30 --> + 1.5  [09:53] 0,2 exit 2/3 ES @ 829.25 --> + 1.25  [09:53] nice trades [09:53] thx :) [09:54] 0,6 exit stop set ES @ 830.25  [09:54] 0,2 exit all ES @ 829 --> - 2.25  [09:54] Hopefully...no punk picks off my stop on that remainder :( [09:54] 8,4 REMINDER > 8,2 New Home Sales &&& Greenspan speech @ 10:00 EST 8,4 < REMINDER 1,0 [09:55] Thanks Kalle for the reminder. [09:55] :) [09:55] good to know about :) [09:58] 0,2 exit all ES @ 829.5 --> + 1 4,0 «« paper »»  [10:00] Bingo :) [10:00] 0,2 exit remainder ES @ 27.50 --> + 4  [10:00] nice guys. [10:01] thx...time to relax a bit :) [10:02] 0,2 exit remainder ES @ 827.00 --> + 3.5  [10:02] WOW [10:03] 0,3 Buys ES @ 827.25  [10:03] nice niha.. [10:03] 0,2 exited 1/2 0,4 Long: 828.25 --> + 1  [10:04] Thanks Jazz...I had to sweat it out for awhile until it turn my way...it came within a tick of forcing me out of the original position for a loss :) [10:06] 0,3 Buys ES @ 830  [10:06] 0,2 exited remainder 0,4 Long: 830.25 --> + 3  [10:08] 0,3 Buys ES @ 830.25 -> small size  [10:08] 0,3 Buys ES @ 30.50  [10:09] 0,2 exited 1/2 0,4 Long: 831.25 --> + 1  [10:09] 0,2 exit 1/2 ES @ 31.25 --> + 0.75  [10:10] 0,2 exited remainder 0,4 Long: 830.50 --> + 0.25  [10:10] 0,4 Shorts ES @ 830.50 -> small size  [10:11] 0,2 exit remainder ES @ 30.50 --> 0  [10:13] 0,2 exited 1/2 0,3 Short: 829.50 --> + 1  [10:16] 0,2 exited remainder 0,3 Short: 831 --> - 0.5  [10:17] this is too fast [10:18] 0,4 Shorts ES @ 832.25  [10:18] 0,2 exit all ES @ 831.25 --> + 1  [10:18] 0,4 Shorts ES @ 831.50  [10:18] too wild [10:19] 17 second trade - a new record for me lol [10:20] 0,3 covered short ES @ 832 --> - 0.5  [10:20] 0,3 reverse and enter long ES @ 832  [10:20] 0,2 exited 1/2 0,4 Long: 933 --> + 101  [10:20] 0,2 exited 1/2 0,4 Long: 833 --> + 1  [10:21] * HPete_ is now known as HPete [10:22] 0,2 exited remainder 0,4 Long: 833.50 --> + 1.5  [10:22] 0,4 Shorts ES @ 33.25  [10:22] 0,4 Shorts ES @ 832.75  [10:22] 0,2 exit 2/3 ES @ 832.75 --> + 2.75  [10:22] nice trade, Jazz :) [10:23] nice one Jazz [10:23] thanks [10:24] 0,2 exited 1/2 0,3 Short: 831.50 --> + 1.25  [10:24] 0,2 exit 1/2 ES @ 31.50 --> + 1.75  [10:25] 0,2 exit remainder ES @ 32.50 --> + 0.75  [10:26] poss. 1-2-3-High [10:27] brb [10:27] * Kalle is now known as Kalle_|_away [10:28] 0,3 Buys ES @ 32.25  [10:28] this one is a bit risky [10:29] 0,2 exit 1/2 ES @ 33.25 --> + 1  [10:31] 0,6 exit stop set ES @ 33.75  [10:33] 0,2 stop hit ES @ 33.75 --> + 1.5  [10:33] CNN reports that terror threat level will be lowered today, citing government officials 2003/02/27 10:28:18 [10:34] maybe this news spurred this long rally [10:34] 0,3 Buys ES @ 34.50  [10:35] 0,2 exit 1/2 ES @ 35.25 --> + 0.75  [10:37] 0,6 exit stop set ES @ 34.75  [10:37] * Kalle_|_away is now known as Kalle [10:38] ditto, Hpete, I'm looking into bull sessions until end of week. [10:38] 0,2 stop hit ES @ 34.75 --> + 0.25  [10:38] :) [10:42] what a move [10:43] I was thinking about putting in another long order, but I was not sure it could rise even higher [10:44] ES about to hit 2-day resistance [10:45] 0,2 exit remainder ES @ 840 --> + 10  [10:46] * Kalle tumbles [10:46] WOOOOOW ! [10:46] you earned your place in the hall of fame, Jazz :) [10:47] Nice Jazz...very very nice. [10:47] thanks guys, I appreciate [10:48] Jazz....that's trade of the week :) [10:48] Youzah! Way To Go Jazz! [10:48] 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. [10:49] no, the trade of the week will be tomorrow, when I will cover my long 1ct from yesterday. [10:50] is that so? [10:50] what was your entry on that one ? [10:50] uhhhh [10:50] 827.50 [10:50] oh my... [10:51] They say if your in a ZONE...milk it :) [10:52] 0,4 Shorts ES @ 38.50  [10:53] 0,2 exit 1/2 ES @ 38 --> + 0.5  [10:53] Niha..I'm testing my ability to hold a 2-3 days position. [10:56] how do you get your entry signals ? indicators ? chart patterns ? [10:56] and even more important : how do you find your exits ? [10:57] 0,2 exit remainder ES @ 39 --> - 0.5  [10:59] I eat candlesticks for breakfast, indicators for lunch and business news before oppening. LOL [11:00] hehe [11:00] 0,3 Buys ES @ 839.25  [11:01] 0,2 exit all ES @ 840.75 --> + 1.5  [11:01] seriously: I use the trading report as reference, if you are familiar with... [11:02] plus additional indicators. [11:03] 0,4 Shorts ES @ 42  [11:04] a bit risky... [11:04] 0,4 Shorts ES @ 841.75  [11:04] what is the "trading report" ? [11:05] everybody uses allmost the same indicators, but not everyone are using them for the same reasons. [11:05] yep [11:05] ask Niha.. about the report. [11:05] 0,2 exit 1/2 ES @ 41.25 --> + 0.75  [11:05] k [11:06] or better, go to thestrategylab.com. [11:06] 0,6 exit stop set ES @ 42.75  [11:07] However, here is one of the indicators I use for entry/exit... [11:07] Fisher XForm. [11:07] 0,2 exit all ES @ 841.50 --> + 0.25  [11:07] never heard of it [11:08] Jazz...how did you hear about the Fisher method? [11:09] technical indicators are not new to me, I've been using them as an economist. [11:09] Its a forumula that can be coded in Metastock and Tradestation...WealthLab also. [11:10] Esignal also plots it. [11:10] I've never had a chance to play with it although its one of those things I would like to test a little. [11:11] I've heard some good stuff about it. [11:11] exactly, it was written by John Ehlers. [11:12] 0,3 Buys ES @ 840.25  [11:12] do you have the .ELA code of it ? [11:12] it is usefull when used in addition to more common indicators. [11:13] Kalle...Stocks & Commodities has publish the code on a few occassions in past issues for .ELA [11:13] I don't know which issues has it...you'll have to research it to find out. [11:14] November 2002 [11:14] 0,6 exit stop lowered ES @ 41.75  [11:15] ok, thank you [11:29] anyone familiar with the Volume Spread Analysis software? [11:30] no [11:31] Not me. [11:33] no [11:34] 0,6 exit stop lowered ES @ 40.75  [11:37] VSA was invented by Richard D. Wyckoff [11:37] and Tom William is the developer [11:41] see you later, guys. [11:41] I thought at least some of you heard of this VSA....a very good software allegedly [11:41] bye Jazz....very nice trades today :) [11:44] bye Jazz [11:45] Take care Jazz...excellent trading today for you. [11:46] thanks, see ya all later. [12:00] 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. [12:14] 0,6 exit stop lowered ES @ 39.75  [12:16] * HPete is now known as HPete_away [12:41] 0,2 stop hit ES @ 39.75 --> + 2.25  [13:05] great trade ! [13:12] 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. [13:34] 0,4 Shorts ES @ 838.25  [13:35] 0,2 exited 1/2 0,3 Short: 837.25 --> + 1  [13:35] 0,2 exited remainder 0,3 Short: 838 --> + 0.25  [13:35] hmmm [13:50] 0,4 Shorts ES @ 837.50  [13:52] 0,2 exited 1/2 0,3 Short: 836.75 --> + 0.75  [13:53] stop to 838, target 834 [13:53] brb [13:53] * Kalle is now known as Kalle_|_away [13:57] 0,3 Buys ES @ 837.50  [14:08] 0,2 exit all ES @ 836 --> - 1.5  [14:10] 0,2 exited remainder 0,3 Short: 834.75 --> + 2.75  [14:10] * Kalle_|_away is now known as Kalle [14:13] done for today .. bye [14:17] * NihabaAshi is now known as NihabaAshi_away [14:17] good afternoon [14:17] Will be back around 3pm est...hi p^t [14:17] hi NIha, have a nice nap :) [14:18] hi pt, [14:18] hi Jazz, how is your trading going today ? [14:19] so far, so good. [14:19] wonderful, glad to hear that ! [14:19] always nicer when things are going well :) [14:20] thats for sure. [14:21] are you familiar with Fisher XForm? [14:21] no what is that ? [14:22] we had a discussion on that earlier.. [14:23] Kalle asked me what I use for entry/exit, and this is one of the indicator I use. [14:23] sorry that i missed it [14:23] ahh [14:24] i would love to learn about it, perhaps a summary ? [14:24] 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. [14:26] yes, sure, BTW if you're using esignal, you can find it in the file sharing at their web site. [14:26] ok [14:30] check out this link, http://www.working-money.com/Documentation/FEEDbk_docs/Archive/112002/Abstracts_new/Ehlers/ehlers.html [14:30] ok [14:30] thanks [14:31] :) [14:33] amazing the stuff folks come up with isnt it [14:34] entered Long: 834.00 [14:34] dang [14:36] 0,3 Buys ES @ 832.75  [14:42] i found the formula for it: http://www.linnsoft.com/tour/techind/fish.htm [14:43] great, give it a look, maybe you'll like it. [14:43] that page has a chart of it, showing how it looks [14:44] it looks allmost like the MACD lines [14:47] i will see if i can find it over on esignal [14:53] added to Long: 831.00 [14:56] hi again [14:56] good evening Kalle :) [14:56] :) [14:56] how are you doing ? [14:56] great, already finished my trading day but have nothing else to do, I missed you too much ;-) [14:57] lol [14:57] i been scalping like a maniac today, lol [14:57] got like 20 trades so far :P [14:57] <-- same [14:57] wow, your broker must be happy. [14:57] yep 5m chart great for it today [14:57] ya he loves me :) [14:57] many +.5 and +1 trades [14:58] yep tons of +1's [14:58] exited all Long: 833.00 --> + 1 [14:58] hey there is one now :P [14:59] had to average my way out of that mess , got caught going long 1 minute before the floor disappeard out from under us [15:00] i looked up and was down a point ....... [15:00] ups [15:00] oh well next trade :) [15:00] did you check out that Fisher Transform thing ? [15:00] short sig @ 32 here... [15:01] no [15:01] ok [15:01] i found a picture of it and formula here : http://www.linnsoft.com/tour/techind/fish.htm [15:02] i think that bond market effect got me on that early long [15:02] 5min show a nice long setup. [15:02] yes [15:02] yes [15:02] * NihabaAshi_away is now known as NihabaAshi [15:03] what happened right here, is what i thought was setting up at 2:30 [15:03] me too. [15:03] yeah [15:03] dogs ! [15:03] wb Niah [15:04] Jazz, what time frame charts do you apply that Fisher indicator on ? [15:05] any time frame but not less then 3min. I use it mainly on 3 &5min. [15:05] yeah [15:05] do you use 1m charts ? [15:06] I do, only when market opens, sometime I'll use 30seconds. [15:06] * p^t nods [15:08] after the 1st reversal, I will use not less then 3min. [15:08] smart [15:14] * HPete_away is now known as HPete [15:20] hi p^t.... do you still believe in that upside rally to the 850-860 area or so? [15:21] yep [15:21] 860 [15:21] but not today [15:21] was hoping for an 845 close today however :) [15:22] that's possible....we have higher highs and lows already [15:22] thought that morning rally was the next leg up for us to the 860 target [15:23] the 860 target is simply the 50 day ema for the ES [15:23] ?min chart? [15:23] day chart [15:23] daily bars [15:24] yes...roughly [15:24] if we gonna make an 845 close today, we gonna have to get these buyers shifting it into high gear ?!!! [15:24] lol [15:24] I believe that ES should remain above 830 today to maintain that upside potential for this week [15:24] Jazz, are you still holding the yd´s long ? [15:25] yes [15:25] k [15:27] Jazz...if p^t is right with today's close you may take above 15 pts on that one...that would be the new trade of the week :) [15:27] 11 entered Long: 832.00 [15:27] the glowing trade [15:27] 0,3 Buys ES @ 834  [15:27] * szubaark_Away is now known as szubaark [15:28] I was +15pt on that today but didn't cover. [15:28] wb szu, just in time for our ride to 845 :) [15:28] that cost me my second eye, p^t ;-) [15:28] wow Jazz, nice [15:28] Ive been in and out of the house..so trading when i can :) [15:28] need to break thru this 100 ema line on the 1m chart for any hope at all [15:29] and also that 34.75 peak [15:29] your one to talk Kalle, with those colors on your posts [15:29] right Hpete. [15:29] dark blue and bright yellow :P [15:29] 5m chart looking hopeful here [15:30] 8,2>2,8>8,2>2,8>2,2--8,2 info : for p^t only 2,2--2,8<8,2<2,8<8,2< [15:30] :) [15:30] * p^t flips down my dark glasses [15:30] 0,2 exit 1/2 ES @ 835.50 --> + 1.5  [15:30] caught that one by the horns [15:30] 0,2 exit 1/3 ES @ 835.50 --> + 2.75  [15:30] nice trade Jazz, amazing patience [15:31] question now is where we gonna close this [15:31] testing my nerves [15:31] yeap mine also [15:31] i was kinda numb from scalping all day , so didnt feel much :) [15:31] lol [15:31] after the first 5 or so scalps, my mind goes numb :) [15:32] i found the file Kalle, here is where you download it from : http://share.esignal.com/groupcontents.jsp?folder=EFS%20-%20Cycle%20Analysis&groupid=7 [15:33] pick the file named: fischer.efs [15:33] thanks p^t, but I have Tradestation and the file is for eSignal only [15:33] we hit the R1 target just then [15:33] oh [15:33] I need it in .ELA [15:34] :/ [15:34] use that file and the write up on that other page and you can program it yourself [15:34] you know easylanguage right [15:34] errrr, öööhmmm [15:34] its just a log function kalle [15:35] tradestation has a log function [15:35] will give it a try [15:35] 0,3 Buys ES @ 34.75  [15:35] maybe tradestation has a file sharing thing also [15:35] yes, but it´s not there [15:36] 10 ema on the 30 minute chart looking like signficant resistance up at the 837 level above us, R1 sitting up there also [15:36] 8,2>2,8>8,2>2,8>2,2--8,2 info : UN Security Council Iraq Talks End In Bitter Disagreement 2,2--2,8<8,2<2,8<8,2< [15:36] 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. [15:37] woow...I was jit to get on the gravy train :) [15:37] 5 exited 1/2 Long: 836.75 --> + 4.75 [15:37] taking partials here at R1, just in case [15:38] nice trade pt [15:38] nice [15:38] thanks [15:38] 0,2 exit 1/2 ES @ 36.75 --> + 2  [15:38] good idea p^t :) [15:38] next stop 45 :) lol ! [15:39] Ill let this ride..need the points [15:39] yeah i dont see how we get thru this 10 sma on the 30 minute chart [15:39] I would love to see this number. [15:39] lol [15:40] and pt calls the close AGAIN :> [15:40] look at the 15m chart, mega bull flag [15:40] lol , thanks ratso, but we not there yet :) [15:41] I have faith [15:41] * p^t nods [15:44] Jazz, could you take a screenshot of the Fisher Transform ? [15:44] kalle did you look at that linnsoft page, it has the formula and a chart with the indicator on it [15:46] what is your email address? [15:46] yes, but i have another picture of it looking totally different from that one [15:46] blommelchen@yahoo.com [15:46] 5m chart roof opening up for a breakout above the R1 level [15:49] ok Kalle, I just sent you the link were you can find the script for it. [15:50] thx [15:52] 0,2 exit 1/3 ES @ 836.25 --> + 3.5  [15:56] any reports out tomorrow / [15:56] mich.. sentiment [15:56] oh fun :) [15:56] lol [15:57] Michigan University Consumer Sentiment @ 09:45 EST [15:57] 0,2 exit remainder ES @ 35.75 --> + 1  [15:57] NAPM Chicago @ 10:00 EST [15:57] and many pre-market [15:58] I got too tired....good nite everyone [15:58] take care pete [15:58] nite Pete [15:58] nite, Pete [15:58] bye [15:59] nas [15:59] nq [15:59] lets see if we get a move after cash close [15:59] perfect bounce off the 50 ema on the 3m chart ther in the NQ's [16:02] good night everyone [16:02] nite Kalle, have a nice sleep [16:02] nite kalle [16:02] see you tomorrow (dream of 845 ) [16:02] lol :) [16:02] lol [16:07] 0,2 exit all ES @ 838 --> + 4  [16:07] im gonna call it a day..bye all [16:07] * szubaark is now known as szubaark_Away [16:07] great szu. [16:07] nice trade szu ! [16:07] have a nice evening [16:08] 30 minute chart cleared that pesky 10 sma line [16:09] really got on my nerves this trade. I had big expectations. [16:09] * p^t nods [16:10] i would like to see us push up thru these highs on the daily chart, maybe tomrrow........ *shrugs* [16:10] me too [16:12] 0,2 exit remainder ES @ 838 --> + 5.25  [16:12] nice ! [16:12] thanks pt. [16:13] nice way to end the trading day..... on a positive note :) [16:13] yes, its allways nice. [16:14] well dat's it :) [16:15] closed right on the 10 sma on the daily chart ! [16:16] yes, lets see if tomorrow it will continue this up move. [16:16] im hoping for a gap up over those daily highs :) [16:16] just leave the shorts in the dust [16:17] someone needs to pay. [16:17] wishing they covered at 838, instead of 845 :P [16:18] as long as they are paying me and not the other way around , then im fine with the arrangement :) [16:19] LOL [16:19] hehe [16:19] ok pt and all, good night [16:19] man that 3 minute chart looks setup for a mega push up [16:20] I hope so, still got that 1ct long. [16:21] 3 / 5 , 30 all look in good configurations for more up [16:21] ok, see you all tomorrow. [16:22] g'nite everyone [16:48] 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. [17:12] Bye szubaark...I'm calling it a day after another long late afternoon nap. [17:12] :) [18:00] * Disconnected Session Close: Thu Feb 27 18:00:20 2003