Session Start: Thu Mar 27 09:28:39 2003 Session Ident: #FuturesTrades [09:28] * Now talking in #FuturesTrades [09:28] * 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.' [09:28] * Set by X on Tue Mar 25 11:05:28 [09:28] [NihabaAshi] Password changes, trade post script changes and trader profiles are posted ONLY at free discussion board at http://www.thestrategylab.com/Forums.htm [09:28] Howdy Nihaba [09:28] Morning, Nihaba. [09:28] * Kalle says hello [09:29] Good morning all. [09:29] hi @ all [09:29] gm Nihaba [09:30] 8,4 >>> 8,2 No important numbers expected today --> enjoy trading :) 8,4 <<< 1,0 [09:30] Kalle...isn't the Help Wanted Index @ 10am est due today? [09:30] According to Yahoo it is [09:31] hmmm...not shown at my source [09:31] 0,2 exit all ES @ 861 --> - 0.5 4,0 «« paper »» [09:32] 0,3 Buys ES @ 861 [09:32] ok, i´ll setup a timer [09:35] 8,4 >>> 8,2 Help Wanted Index @ 10am EST 8,4 <<< 1,0 [09:35] Whoah...? [09:35] NQ just leapt up like it'd sat on a bee. [09:36] ah, my source didn´t rate it as "important" numbers [09:36] It *is* fairly boring [09:38] 0,3 Buys ES @ 861.25 [09:39] careful here [09:39] let the trend establish first [09:39] 0,2 exit all ES @ 861.50 --> + 0.25 [09:40] :> [09:40] * p^t nods [09:42] 0,3 OPENs Long on NQ 1058.50 [09:42] * Loxley watches the NQ bounce off the top and bottom BBs... "This must be what they were referring to by the term "whipsaw." :)" [09:42] Loxley, this is a Range Contraction [09:43] setting up a range expansion here shortly [09:44] 0,4 CLOSEs Long on NQ 1059.50 0,12 = 1,9 + 1 [09:44] buy orders stacking up on the lower 5m bb [09:44] p^t: "Range Contraction" doesn't appear in my TA book's index. Is there another name for it? [09:45] look up Narrow Range [09:45] NR 7 [09:47] A clear uptrend on ES on the tick charts, but not for NQ yet [09:47] "Breakouts from narrow ranges tend to provide particularly reliable trade signals." [09:47] exactly, that is the range expansion phase [09:48] Loxley , yesterday was a Narrow Range 7 pattern [09:48] Narrowest range in 7 days [09:48] 0,4 Shorts ES @ 860.75 -> large size [09:48] 0,4 OPENs Short on NQ 1059 [09:50] 0,3 CLOSEs Short on NQ 1058.50 0,12 = 1,9 + 0.5 [09:50] 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. [09:51] NQ is showing that range contraction nicely, p^t [09:51] * p^t nods [09:52] 0,2 exit 2/3 ES @ 860.00 --> + 0.75 [09:52] nice Niha ! [09:52] No IB today :) [09:52] Back to Zap and the boys :) [09:53] * szubaark_sleeping is now known as szubaark [09:53] G'morning, Szu [09:53] gm FFT [09:53] * p^t nods [09:54] 0,2 exit remainder ES @ 859.00 --> + 1.75 [09:54] S2 bounce [09:54] 8,4 REMINDER > 8,2 Help Wanted Index @ 10am EST 8,4 < REMINDER 1,0 [09:54] very nice trade Niha [09:55] p^t...that S2 was my second profit-target...reason why I cover the remainder down there. [09:55] bids stacking up below S2 [09:55] exactly, perfectly done [09:56] It was an easy trade and high probability...I missed a few of them yesterday. [09:57] best kind :) [09:57] And was determine not to repeat the misses today. [10:01] * Loxley leaves for work without having made any trades this morning. "Following the advice of Larry Livinston... if you don't know what you're doing, stay the hell out." BBL. [10:05] 0,4 OPENs Short on NQ @ 1053.50 [10:06] 0,3 OPENs Long on NQ 1053 [10:07] 0,3 CLOSEs Short on NQ @ 1053 0,12 --> 0,3 + 0.5 [10:07] 0,4 CLOSEs Long on NQ 1053.50 0,12 = 1,9 + 0.5 [10:08] 0,3 OPENs Long on NQ @ 1054 [10:08] 0,4 OPENs Short on NQ @ 1053.50 [10:09] 0,4 Shorts ES @ 858.25 [10:10] 0,4 entered Short « 858.25 » [10:10] :> [10:10] perfect entry ratso [10:11] 0,3 CLOSEs Short on NQ @ 1053 12,0--> + 0.5 [10:11] Smoother trading today in comparison to the past few days :) [10:11] 0,3 covered Short « 857.50 » + 0.75 [10:12] 0,3 OPENs Long on NQ @ 1054 [10:13] 0,4 CLOSEs Long on NQ @ 1055 12,0--> + 1 [10:13] 0,4 CLOSEs Long on NQ @ 1055 0,12 --> 0,3 + 1 [10:14] 0,4 OPENs Short on NQ 1055.50 [10:15] 0,4 OPENs Short on NQ @ 1055 [10:15] 0,4 OPENs Short on NQ @ 1055 [10:16] 0,2 exit all ES @ 858 --> + 0.25 [10:16] 0,3 CLOSEs Short on NQ 1054.50 0,12 = 1,9 + 1 [10:16] 0,3 CLOSEs Short on NQ @ 1054.50 12,0--> + 0.5 [10:16] are you three trading the same systems ? [10:17] y [10:17] brutal scalping ;-) [10:17] yep :) [10:18] 0,3 Buys ES @ 858.25 [10:18] 0,3 CLOSEs Short on NQ @ 1055.50 0,12 --> 0,4 - 0.5 [10:18] 0,4 OPENs Short on NQ @ 1054 [10:19] 0,4 OPENs Short on NQ @ 1053.50 [10:20] 0,3 CLOSEs Short on NQ @ 1054 12,0--> 0 [10:20] 0,2 exit 1/2 ES @ 859.25 --> + 1 [10:20] 0,3 CLOSEs Short on NQ @ 1055.50 0,12 --> 0,4 - 2 [10:21] 0,3 OPENs Long on NQ @ 1055.50 [10:21] 0,3 OPENs Long on NQ @ 1055 [10:21] 0,4 CLOSEs Long on NQ @ 1055.50 12,0--> + 0.5 [10:22] 0,2 exit remainder ES @ 859.75 --> + 1.5 [10:23] 0,4 Shorts ES @ 859.00 -> Scalp Trade [10:23] 0,4 OPENs Short on NQ @ 1055 [10:24] 0,4 CLOSEs Long on NQ @ 1055.50 0,12 --> 0 [10:24] 0,3 CLOSEs Short on NQ @ 1055.50 12,0--> - 0.5 [10:24] uptrend on NQ on the tick charts [10:25] 0,4 entered Short « 859.75 » [10:26] 0,3 OPENs Long on NQ @ 1056 [10:26] 0,3 OPENs Long on NQ @ 1056 [10:27] 0,4 CLOSEs Long on NQ @ 1056.50 12,0--> + 0.5 [10:28] 0,4 CLOSEs Long on NQ @ 1057 0,12 --> 0,3 + 1 [10:29] 0,4 OPENs Short on NQ 1057 [10:30] 0,3 CLOSEs Short on NQ 1056 0,12 = 1,9 + 1 [10:30] 0,3 covered Short « 860.00 » - 0.25 [10:30] 0,3 OPENs Long on NQ 1055.50 [10:31] 0,3 Buys ES @ 860 [10:31] 0,4 CLOSEs Long on NQ 1056 0,12 = 1,9 + 0.5 [10:32] <-- done for today --> 7scalps 5pos/1be/1neg summ +2.50 on NQ [10:32] <-- done for today --> 6scalps 6pos/0neg summ +4.50 on NQ [10:32] nice trading guys [10:32] thx [10:33] thx PT [10:33] * p^t nods [10:37] 0,4 entered Short « 858.75 » [10:37] 0,4 Shorts ES @ 858.50 [10:38] 0,2 exit all ES @ 858.50 --> + 0.5 [10:38] Lucky exit...scalp gone bad and it's been awhile since I've used my NeoTicker :) [10:38] 0,2 exit all ES @ 858 --> - 2 [10:39] 0,3 covered Short « 857.75 » + 1 [10:41] Kalle, did TS just stop for you? [10:43] 0,2 exit short ES @ 858.25 --> + 0.25 [10:43] 0,3 reverse and enter long ES @ 858.25 [10:44] * Kalle_|_away is now known as Kalle [10:44] 0,2 exit 1/2 ES @ 859.50 --> + 1.25 [10:45] 0,4 entered Short « 859.75 » [10:45] disconnected, covered the short at 858.50 + 1.50 [10:47] 0,3 covered Short « 858.75 » + 1 [10:47] 0,2 exit remainder ES @ 858.75 --> + 0.5 [10:48] I think it was Rumsfield testimony to the Senate Appropriations Cmte that made my Short position profitable. [10:48] He musta grimaced. When he does that, he's so scary that children cry. :D [10:49] lol [10:51] 0,3 entered Long « 858.50 » [10:51] 0,3 Buys ES @ 858.50 [10:52] oh, wedge -- didn´t see it earlier [10:52] 0,2 exited 1/2 0,4 Long: 859 --> + 0.5 [10:55] 0,4 exited Long « 859.50 » + 1 [10:56] 0,2 exited 1/4 0,4 Long: 859.50 --> + 1 [10:57] 0,2 exited remainder 0,4 Long: 860.50 --> + 2 [10:58] nice Kalle...... nerves of steel [10:58] yeah, the +.5 made it more comfortable [10:58] Hey, K, izzat those tweezers on the NQ you mentioned yesterday, happening right now? [10:59] Loxley, it´s been p^t who talked about em :) [10:59] Oh. Sorry. P^t? [11:00] which timeframe ? [11:00] At like 1027 and 1057 on the 1min chart? [11:01] yeah [11:01] yes, exactly [11:01] 0,3 entered Long « 858.50 » [11:02] See? I *can* be taught. :) [11:02] 0,3 Buys ES @ 859.25 [11:02] and both were also Engulfing patterns ( on TS 6 ;-) ) [11:02] 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. [11:02] excellent Loxley, i didnt notice it till you pointied it out [11:02] same here, p^t :) [11:03] 0,4 exited Long « 859.50 » + 1 [11:03] 0,2 exit all ES @ 860 --> + 0.75 [11:03] quick one, eh ? nice [11:04] yep [11:04] Heh. It's like birdwatching, but profitable. I'd love to see The Crocodile Hunter doing a play-by-play of a chart. :) [11:04] i gave up looking for a trend [11:04] gonna scalp this range for now [11:04] y [11:05] i´m not getting any clear sigs so far [11:05] 0,4 entered Short « 860.50 » [11:05] 0,4 Shorts ES @ 860.50 [11:06] 0,3 covered Short « 859.50 » + 1 [11:06] 0,2 exit all ES @ 859.50 --> + 1 [11:06] ha ha [11:06] hey , nice trading ratso :) [11:06] honest I wasnt copying :> [11:06] * p^t laughs [11:07] don´t tell Q. that scalping is possible after 10:30am -- he won´t leave any points for us ;-)) [11:07] hehe :) [11:08] 0,3 entered Long « 860.50 » [11:09] going for upside breakout [11:09] * FutureFuturesTrader nods [11:09] blah [11:09] thot i had em that time [11:09] that pig is going to break lower [11:10] ;-) [11:10] * p^t shrugs... .was worth a try anyways [11:10] * Kalle thinks that trading is more like gambling here [11:11] well shorting at the upper edge of the trading range is gambling [11:11] * FutureFuturesTrader smiles [11:11] 0,4 exited Long « 861.50 » + 1 [11:11] yeah [11:12] oops - shorting + going long [11:13] Tweezers on the 1min NQ? [11:13] well "going long" at the upper edge of the trading range is gambling [11:13] ha ha [11:13] yep Loxley, on the ES it is [11:13] "entering in any direction" is gambling [11:13] No, I mean, on the NQ I think I see that formation again. [11:14] tweezer is where the highs match exactly [11:14] p^t, we knew what you meant ;-) [11:14] k [11:15] 0,3 entered Long « 861.75 » [11:15] 0,4 exited Long « 862.75 » + 1 [11:17] 0,4 Shorts ES @ 863.25 [11:18] man nice short ratso [11:19] No dbout. I thought you were nuts when you jumped in front of that trend. Nice job, ratso. [11:22] 0,4 entered Short « 862.50 » [11:25] trying for a trend reversal pivot [11:25] 0,4 Shorts ES @ 861.75 [11:25] gotta clear this 861.25 level [11:28] 0,2 exit all ES @ 861.75 --> + 1.5 [11:28] nice trade ratso :) [11:28] thx [11:28] amazing entry on that [11:30] 0,3 covered 1/2 Short « 861.25 » + 1.25 [11:31] 0,2 exited 1/2 0,3 Short: 861.25 --> + 0.5 [11:32] * HPete is now known as HPete_away [11:35] 0,2 exited remainder 0,3 Short: 861 --> + 0.75 [11:38] boss [11:38] LOL [11:45] 0,3 covered Short « 860.50 » + 2 [11:46] gonna get some lunch , bbl [11:49] * NihabaAshi is now known as NihabaAshi_busy [12:06] * ratso is now known as ratso_away [12:11] LOL don´t tell Q. that scalping is possible after 10:30am -- he won´t leave any points for us ;-)) [12:13] :) [12:14] 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. [12:16] * FutureFuturesTrader is now known as FFT_Away [12:29] 0,4 Shorts NQ @ 1000 [12:29] 0,3 Covers NQ @ 1001 12,0--> 0,4 - 1 [12:29] testing [12:31] 0,3 Buys NQ @ 1000 [12:31] 0,4 Sells NQ @ 999 12,0--> 0,4 - 1 [12:35] 0,4 Shorts NQ @ 1000 [12:35] 0,3 Covers NQ @ 1001 12,0 thus 0,4 - 1 [12:35] 0,3 Buys NQ @ 1000 [12:35] 0,4 Sells NQ @ 999 12,0 thus 0,4 - 1 [12:45] sorry [12:45] 0,4 Shorts NQ @ 1000 [12:46] 0,3 Covers NQ @ 1001 1,0 thus 0,4 - 1 [12:46] 0,3 Buys NQ @ 1000 [12:46] 0,4 Sells NQ @ 999 1,0 thus 0,4 - 1 [12:46] 0,4 Sells NQ @ 1001 1,0 thus 0,3 + 1 [12:46] 0,3 Covers NQ @ 999 1,0 thus 0,3 + 1 [12:46] ende [12:48] * QUASAR slaps QUASAR around a bit with a large, deadly stinkin' trout [12:52] oh, it smells [12:53] lol [12:53] * Kalle is now known as Kalle_|_away [12:55] 0,4 Shorts NQ @ 1065 [12:56] 0,4 Shorts NQ @ 1066 [12:56] 0,3 Covers NQ @ 666 1,0 thus 0,3 + 400 [12:57] lol sorry another test [13:11] * Kalle_|_away is now known as Kalle [13:26] 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. [13:33] * QUASAR is now known as _Q [13:40] * FFT_Away is now known as FutureFuturesTrader [13:40] 0,2 exit all ES @ 867.75 --> + 6.75 [13:40] Nice that the gap closed while I was at lunch :D [13:43] WOW [13:43] <_Q> lol [13:44] I did pretty good paper trading today as well. But not as good as that gap trade :D [13:45] * _Q gotta go for now... later folks [13:45] hehe, nice [13:45] k, bye Q. [13:46] Cya tomorrow, Q [13:46] Thanks Kalle [13:47] WTF is a "FLOOR WIDE FAST MARKET"? [13:47] hmmm...dunno [13:48] U get that bulletin from IB, Kalle? [13:49] no ? [13:49] when did they send it ? [13:50] O, it says that the PSE is having technical problems and it's resulting in a "Florr wide fast market" [13:50] Time stamp was 1:41, as I recall [13:50] darn, didn´t get that [13:51] last is from 10:54:04 EST [13:51] Maybe IB is preparing me for bad order fills :D [13:52] but why don´t they send it to ALL customers ?!? [13:53] Cuz you'll get good fills. :D [13:53] LOL [13:54] caught that last moce for +3 :) [13:54] move [13:55] best trade for me today [13:55] Gratz. [13:55] and I didn´t post it :/ [13:55] thx [13:56] * HPete_away is now known as HPete [13:56] WB HPete [13:57] thanks :) [13:58] gratz for your huge trade earlier [13:58] Thank you. I'm in a pretty good mood today :D [14:00] Wow, TICK hit 1300 [14:02] 0,4 Shorts ES @ 870 -> small size [14:02] risky imo [14:02] gambling :) [14:02] Man, my EMA on my tick chart is almost 700. Yikes [14:03] whoops [14:03] You could be stepping in front of not just a regular train, but one of those high speed ones in Japan :D [14:03] 0,4 Shorts ES @ 869.50 [14:03] FFT, i got the Bulletin right now -- lol [14:04] Market must be so fast that they have to hand deliver those :D [14:04] lol [14:05] I jsut got another that says the PSE is unavailable [14:06] 0,2 exited 1/2 0,3 Short: 869 --> + 1 [14:09] uh oh [14:09] 0,2 exit all ES @ 870.50 --> - 1 [14:09] grrrr [14:10] Another 10:30 LOD day, it would seem [14:11] 0,4 Shorts ES @ 871.50 [14:12] 0,4 Shorts ES @ 871.50 -> Add [14:12] i usually don´t do that [14:13] yeah it's quite risky [14:14] sweat and tears [14:14] maybe running out of long steam now... [14:14] hope so [14:15] * FutureFuturesTrader hands Kalle some vaseline [14:16] gimme more, FFT [14:16] lol [14:17] i have short sigs all over the place but that darn thing don´t listen to them [14:17] you guys applying it on ES to slide it down? [14:18] 0,6 exit stop set ES @ 873 [14:18] hard stop [14:18] no need for that imo :) [14:18] :) [14:19] vaseline helped :) [14:19] LOL [14:19] lol [14:19] it´s not over [14:19] not yet [14:20] just temp relief [14:21] * Kalle enjoys some Valium [14:21] LOL [14:21] toppy looking [14:21] very [14:22] now it just has to BE toppy [14:22] let me put it szu-like...give it back you pig! [14:23] i´m sure : if i go flat now, it´ll drop -- if i stay in, it´ll take off [14:23] lol Pete :) [14:23] Good thinkg you got all that confidence, Kalle :D [14:24] hehe [14:25] Kalle...could you go flat...so I could pocket some gains at least :) [14:25] LOL [14:25] this is criminal [14:26] uh oh [14:26] *ding* [14:26] 0,2 stop hit ES @ 873 --> - 4.5 [14:27] ??? [14:27] lol [14:27] Because you added to the short [14:27] drop you pig! ....this one may work like sesame open !? [14:27] 0,4 Shorts ES @ 872.75 [14:27] hahHAHAA ! i fooled them [14:27] wb Kalle :) [14:27] ROTFL [14:28] :))) [14:28] u see ? I was right -- lolol [14:28] Kallle...big guys lurking in here and waiting for you to go flat before they drop it :) [14:28] YESSSSS ! [14:29] ;-))) [14:29] 0,2 exited 1/2 0,3 Short: 871 --> + 1.75 [14:29] but they don't know that you are not on oath to post the truth ;-) [14:29] 0,6 exit stop set ES @ 872 [14:30] exactly -- lol [14:30] 0,2 exit 1/2 ES @ 870.75 --> + 0.75 [14:30] 0,6 limit order to exit short ES @ 868.50 [14:31] have to leave now -- put my orders in the market [14:31] bbl [14:31] you gonna leave the rest to me? :) [14:31] hehe, no way ;-) [14:31] bunch of SwingShorts busted on such a days like today.. IMO [14:31] * Kalle is now known as Kalle_|_away [14:31] Cya tomorrow Kalle [14:32] bye Kalle [14:32] bye [14:32] cya Kalle [14:33] buy [14:38] 0,2 exit remainder ES @ 871 --> + 0.5 [14:38] 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. [14:38] this is not going to fall now [14:39] * FutureFuturesTrader checks his Magic 8-Ball. "Ask again later", it says [14:39] There's Kalle's stop :( [14:40] at least he still got some gains left [14:42] as soon as he is out....it starts to drop... [14:42] It's like magic. [14:43] I shoulda put a short limit order in when he gave his stop price. [14:43] next time I'll ask him to post his stop anyway :) [14:44] Once he gave his numbers, I coulda shorted at 872 and had a buy down at 868.5 :D [14:45] 0,4 Shorts ES @ 870.75 4,0 «« paper »» [14:46] so his Magic ball may not be fake...just hasn't learned to use it for his benefit yet :) [14:49] FFT.....it maybe free falling if it gets below 869 [14:49] prolly better say Demonic [14:49] Back to the close price, methinks [14:50] or even to the 866 support level [14:50] ..or aomewhere else [14:50] ;-) [14:51] tell me what you see Q [14:52] <-- c definitely nothing now... scalping exclusively 10:05 - 10:30... n not thinking even there... :-) [14:53] and using mental stops, right? ;-) [14:54] Uh oh [14:54] yep [14:54] ;-) [14:56] but 99% of those my mental stops price_behaviour_based.. at least thinking as possible.. maybe problem is with "mental" i mean not_sent_to_Globex.. so im manualy entering my Exit Limits.. no Stops [14:56] ERR as less NOT at least LOL sorry [14:57] ..so with MENTAL STOP i dont mean STOP BASED ON ANY MY SUBJECTIVE DECISION ok? sorry > not native English speaking :-// [14:58] ok, I know what you mean [14:59] :-) [14:59] 0,2 exit all ES @ 870 --> + 0.75 4,0 «« paper »» [14:59] once u talked about it and I was just referring to it :) [15:00] ic :-) well man, i really have no idea where it can head... n lemme note i was trying it many times, but never doing well [15:01] so may i ask u how is ur "cing" ? [15:01] u mean today< [15:01] ? [15:02] nope.. i mean in general [15:03] lemme note > very few negative trades here IMO i almost cant believe it for S/Rs or Trends based trading [15:04] in general I'm ok with direction identifying, but on choppy days like today I watch myself sitting on the sideline and frequently getting asleep with almost no trades made. [15:04] ..seems u guys here trading very well.. or im reading ur posts very bad :-) [15:05] n possible to explain what u mean with OK? 50% or 75% or 90%...? [15:06] actually my exit postings are usually much more valuable signals than my entries...I keep concentrating on the trade as long as I don't feel it safe...and only then I post it....sometimes quite late. [15:08] ic this, ok [15:08] on a day like this I make 70-80% of my trades on paper. Out of all paper+real I have around 50-70% right. I am usually lucky to have most of the right trades real and many bad ones only on paper. [15:09] :-) ok, thx [15:11] I use paper trades as a mental brake. When I have a gut feeling that despite all the supporting signals that trade may go against me, then I just put it on paper and see what happens. [15:11] this method saved me a hundred times on choppy periods like now. [15:13] * NihabaAshi_busy is now known as NihabaAshi [15:13] wb Nihaba :) [15:15]