Session Start: Fri Apr 04 09:29:34 2003 Session Ident: #FuturesTrades [09:29] * Now talking in #FuturesTrades [09:29] * 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.' [09:29] * Set by X on Mon Mar 31 05:50:08 [09:29] [NihabaAshi] Password changes, trade post script changes and trader profiles are posted ONLY at free discussion board at http://www.thestrategylab.com/Forums.htm [09:29] Howdy Nihaba [09:29] yes, a fast ISOP is a must [09:29] ISP [09:29] good trading all [09:30] wb ratso [09:30] Good morning all. [09:30] hi Niha [09:30] Bulls and bears are neck and neck on the NQ out the gate... :) [09:31] 8,4 >>> 8,2 No > important < numbers expected today --> enjoy trading :) 8,4 <<< 1,0 [09:32] please check if this info is right [09:32] :) [09:32] I read on CNN that there's an unprecedentented amount of "moving in unison" going on in the market... we're all doing the same thing. According to the article, the stock market is reacting purely to risk, rather than the (rather frightening) fundamentals. [09:32] 0,3 Buys NQ @ 1069 4,0 ŤŤ paper ťť [09:33] 0,4 Shorts ES @ 800.25 4,0 ŤŤ paper ťť [09:34] 0,4 Shorts ES @ 880.75 4,0 ŤŤ testing ťť [09:34] oops not testing [09:35] 0,4 Shorts ES @ 880.00 -> small size [09:35] 0,2 exit all ES @ 879.75 --> + 1 [09:35] 0,2 exit all ES @ 879.25 --> - 79 4,0 ŤŤ paper ťť [09:35] 0,4 entered Short Ť 1066 ť 4,0 ŤŤ paper ťť [09:35] 0,3 covered Short Ť 1065.50 ť + 0.5 4,0 ŤŤ paper ťť [09:36] Whoops, that should be +1 [09:36] 0,4 entered Short Ť 1064.50 ť 4,0 ŤŤ paper ťť [09:36] 0,4 Shorts ES @ 878.5 4,0 ŤŤ paper ťť [09:36] 0,4 exited all Long: 1064.50 --> - 4.5 4,0 ŤŤ paper ťť [09:37] (Well, it seemed like a goog idea at the time.) [09:37] 0,3 covered Short Ť 1063.50 ť + 1 4,0 ŤŤ paper ťť [09:37] 0,2 exit all ES @ 877.5 --> + 1 4,0 ŤŤ paper ťť [09:38] 0,4 Shorts NQ @ 1063 4,0 ŤŤ paper ťť [09:38] 0,4 Shorts ES @ 877.5 4,0 ŤŤ paper ťť [09:38] 0,3 entered Long Ť 1063.50 ť 4,0 ŤŤ paper ťť [09:38] 0,4 exited Long Ť 1064.50 ť + 1 4,0 ŤŤ paper ťť [09:39] 0,4 entered Short Ť 1067.50 ť 4,0 ŤŤ paper ťť [09:39] 0,2 exit all ES @ 876.25 --> + 1.25 4,0 ŤŤ paper ťť [09:39] 0,2 exit 2/3 ES @ 877.00 --> + 3 [09:39] oops bad number in that [09:39] will repost [09:40] 0,4 entered Short Ť 1061.50 ť 4,0 ŤŤ paper ťť [09:40] 0,4 Shorts ES @ 877.5 4,0 ŤŤ paper ťť [09:41] 0,6 exit stop set ES @ 879.00 [09:41] 0,3 covered Short Ť 1062.50 ť - 1 4,0 ŤŤ paper ťť [09:42] 0,3 covered all Short: 1063.5 --> - 0.5 4,0 ŤŤ paper ťť [09:42] 0,3 Buys NQ @ 1063.50 4,0 ŤŤ paper ťť [09:43] 0,2 stop hit ES @ 879.00 --> + 1 [09:43] very nice trade, Niha [09:43] 0,3 entered Long Ť 1066.50 ť 4,0 ŤŤ paper ťť [09:43] 0,4 exited Long Ť 1067.50 ť + 1 4,0 ŤŤ paper ťť [09:45] 0,3 entered Long Ť 1067.50 ť 4,0 ŤŤ paper ťť [09:46] 0,4 exited Long Ť 1068.50 ť + 1 4,0 ŤŤ paper ťť [09:46] :) [09:46] 0,3 Buys ES @ 880.75 [09:46] 0,3 entered Long Ť 1068.50 ť 4,0 ŤŤ paper ťť [09:46] 0,2 exit all ES @ 881.75 --> + 1 [09:47] 0,4 exited Long Ť 1069.50 ť + 1 4,0 ŤŤ paper ťť [09:47] 0,4 entered Short Ť 1068.00 ť 4,0 ŤŤ paper ťť [09:48] 0,4 exited all Long: 1068 --> + 4.5 4,0 ŤŤ paper ťť [09:48] 0,3 covered Short Ť 1067.00 ť + 1 4,0 ŤŤ paper ťť [09:48] 0,4 Shorts NQ @ 1067 4,0 ŤŤ paper ťť [09:49] 0,4 Shorts ES @ 880.75 -> small size [09:50] 0,3 Buys ES @ 881.50 [09:50] 0,3 covered all Short: 1066.5 --> + 0.5 4,0 ŤŤ paper ťť [09:51] 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] 0,2 exited 1/2 0,4 Long: 882 --> + 0.5 [09:51] 0,3 Buys NQ @ 1067 4,0 ŤŤ paper ťť [09:51] 0,4 entered Short Ť 1067.00 ť 4,0 ŤŤ paper ťť [09:51] 0,2 exited remainder 0,4 Long: 882.25 --> + 0.75 [09:51] oops [09:51] 0,2 exited remainder 0,4 Long: 881.25 --> - 0.25 [09:51] :) [09:52] 0,4 entered Short Ť 1066.00 ť 4,0 ŤŤ paper ťť [09:52] Curious that RICK is trending up pretty nicely, but ES and NQ are not. And TRIN is not declining. This appears to be the shorts keeping this market down. [09:52] 0,4 entered Short Ť 1067.00 ť 4,0 ŤŤ paper ťť [09:52] 0,3 covered Short Ť 1066.00 ť + 1 4,0 ŤŤ paper ťť [09:52] TICk, not RICK :D [09:52] That Rick guy, always so trendy [09:52] lol [09:52] :) [09:53] 0,2 exit 2/3 ES @ 880.50 --> + 0.25 [09:53] well my observation on this scalping is that you still have to get the trend bias direction correct for it to work [09:54] 0,2 exit remainder ES @ 879.50 --> + 1.25 [09:55] p^t, did you see my earlier post about scalping NQ for a point? [09:55] 0,4 entered Short Ť 1064.00 ť 4,0 ŤŤ paper ťť [09:55] Punks picked off my trailing stop in that remainder. [09:55] no, what was it FFT ? [09:55] can you repost it ? [09:55] Hye p^t, regarding our 1 point scalping discussion - if somebody was scalping for 1 point on NQ and taking losers at 1 point, they'd have to be right 75% of the time to make as much money as their broker :D [09:56] 0,3 covered Short Ť 1064.00 ť 0 4,0 ŤŤ paper ťť [09:56] wow 75 % [09:56] At 75% they split the gross profits with their broker :D [09:56] that will never work, no one is right 75% of the time, over the long term (ie years) [09:57] If they were, they'd own the planet. [09:57] i always assume 30 % win rate [09:57] numbers have to work at that 30% win rate , else find something else [09:58] 30% win / 30 % Loss / rest b/e [09:58] that is my assumption [09:58] always [09:58] 0,4 entered Short Ť 1063.50 ť 4,0 ŤŤ paper ťť [09:59] 0,3 covered Short Ť 1062.50 ť + 1 4,0 ŤŤ paper ťť [10:00] 0,4 exited all Long: 1059.50 --> - 7.5 4,0 ŤŤ paper ťť [10:00] i challenge anyone to show me a real time system that beats those odds, over the very long term, ie at least 1 year of actual trading (without any changes to the system in mid stream) [10:01] Well. Stick a fork in me, I am *done*. :/] [10:01] The trailing stop on my remainder was an error on my part...reason why it was easily picked off. [10:01] * Loxley does a screengrab so he can dissect this particular waterloo at some point in the future. [10:02] 0,2 exit all ES @ 876.5 --> + 1 4,0 ŤŤ paper ťť [10:02] It should have been placed via the usual in this pattern...via the 50eMA location on the 1min all session chart. [10:03] 0,4 Shorts ES @ 877.5 4,0 ŤŤ paper ťť [10:04] Gotta go to work. See y'all later. [10:06] 0,4 entered Short Ť 1059.50 ť 4,0 ŤŤ paper ťť [10:06] 0,2 exit all ES @ 876.5 --> + 1 4,0 ŤŤ paper ťť [10:07] 0,3 covered Short Ť 1058.50 ť + 1 4,0 ŤŤ paper ťť [10:11] 0,4 Shorts ES @ 875.25 4,0 ŤŤ paper ťť [10:13] 0,4 entered Short Ť 1056.00 ť 4,0 ŤŤ paper ťť [10:13] 0,3 covered Short Ť 1056.00 ť 0 4,0 ŤŤ paper ťť [10:15] 0,2 exit all ES @ 874.5 --> + 0.75 4,0 ŤŤ paper ťť [10:15] 0,4 entered Short Ť 1052.50 ť 4,0 ŤŤ paper ťť [10:17] 0,3 Buys ES @ 974.75 [10:17] 0,3 Buys ES @ 874.75 [10:18] 0,3 covered Short Ť 1052.50 ť 0 4,0 ŤŤ paper ťť [10:18] 0,4 Shorts ES @ 874.25 [10:19] 0,4 entered Short Ť 1053 ť 4,0 ŤŤ paper ťť [10:20] 0,3 covered Short Ť 1053 ť 0 4,0 ŤŤ paper ťť [10:20] 0,3 entered Long Ť 1053.50 ť 4,0 ŤŤ paper ťť [10:20] Tonight Iraq will ="do something different" - a "not conventional" operation. Many US troops will die tonight. [10:21] Per the Iraqi minister of disinformation [10:21] * p^t shaking head [10:22] 0,4 exited Long Ť 1054.50 ť + 1 4,0 ŤŤ paper ťť [10:22] 0,2 exited 1/2 0,4 Long: 876 --> + 1.25 [10:22] nice Kalle [10:22] thx [10:24] 0,2 exited 1/4 0,4 Long: 876.25 --> + 1.5 [10:24] 0,3 entered Long Ť 1055.00 ť 4,0 ŤŤ paper ťť [10:25] 0,2 exited remainder 0,4 Long: 875.75 --> + 1 [10:27] 0,3 Buys ES @ 874.25 -> small size [10:27] 0,4 exited Long Ť 1054.00 ť - 1 4,0 ŤŤ paper ťť [10:27] 0,4 entered Short Ť 1052.50 ť 4,0 ŤŤ paper ťť [10:28] 0,3 covered Short Ť 1051.50 ť + 1 4,0 ŤŤ paper ťť [10:28] 0,2 exit all ES @ 873.25 --> + 1 [10:28] Gap Closed [10:29] LOL - the CIA has a "interagation" center nicknamed "hotel California". [10:29] 0,3 entered Long Ť 874.50 ť [10:30] As usual, just after my fill, the market ticked down. Sure love IB [10:30] nit pt [10:30] nice [10:30] im done scalping for the moment [10:30] 0,2 exited 1/2 0,4 Long: 875.75 --> + 1.5 [10:30] 0,4 exited 1/2 Long Ť 875.50 ť + 1 [10:31] thanks ratso, that was setup by the pivot level / yest close bounce, lets see if it has some legs under it [10:31] Plenty of shorts left to squeeze :D [10:33] I'm getting plenty of mixed signals now. [10:34] into 8 sma 5m resistance line [10:34] That could easily be the low of the day. 10:30 is a popular time for them. [10:35] 0,3 Buys ES @ 876.5 4,0 ŤŤ paper ťť [10:35] 0,2 exited 1/4 0,4 Long: 876.25 --> + 2 [10:35] 0,6 exit stop set ES @ 875.25 [10:35] 0,4 exited remainder Long Ť 876.50 ť + 2 [10:36] 0,2 exited remainder 0,4 Long: 876.50 --> + 2.25 [10:36] :) [10:37] * Kalle feels exhausted [10:38] 0,4 entered Short Ť 1056.00 ť 4,0 ŤŤ paper ťť [10:40] 0,3 covered Short Ť 1056.50 ť - 0.5 4,0 ŤŤ paper ťť [10:42] 0,4 entered Short Ť 1056.50 ť 4,0 ŤŤ paper ťť [10:45] 0,3 covered Short Ť 1055.50 ť + 1 4,0 ŤŤ paper ťť [10:46] scalping is fun , but you still have to get the direction right for it to work [10:51] 0,3 Buys ES @ 875.25 -> small size [10:51] risky [10:53] misinterpreted a signal : [10:53] 0,2 exited 0,4 Long: 874.75 --> - 0.5 [10:57] 0,4 entered Short Ť 1052.50 ť 4,0 ŤŤ paper ťť [10:57] 0,3 covered Short Ť 1051.50 ť + 1 4,0 ŤŤ paper ťť [10:57] dont even need charts to do this, just watch the order flow [10:59] 0,3 entered Long Ť 1052.00 ť 4,0 ŤŤ paper ťť [10:59] 0,4 exited Long Ť 1053.00 ť + 1 4,0 ŤŤ paper ťť [10:59] 0,4 entered Short Ť 1052.50 ť 4,0 ŤŤ paper ťť [11:00] 0,3 covered Short Ť 1051.50 ť + 1 4,0 ŤŤ paper ťť [11:00] * p^t laughs [11:00] i can see why a 1 minute chart is useless for scalping [11:00] its wayyy to slow [11:00] 20 tick chart works pretty well [11:02] Taking a vacation day. Have a nice weekend all, cya on Monday [11:03] 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. [11:14] 0,4 entered Short Ť 876.25 ť 4,0 ŤŤ paper ťť [11:15] sorry this is a real trade, not paper [11:16] hi all [11:17] hi Jazz, nice to see you [11:17] hi Jazz :) [11:17] how is trading today? [11:18] tricky [11:18] going pretty good [11:18] :) [11:18] as usual, Kalle [11:18] i tried some scalping earlier... clogged up the room with messages pretty fast [11:18] lol [11:19] 0,3 covered Short Ť 876.25 ť 0 [11:22] yes, p^t tried to confuse us with his trades [11:22] he´ll have to pay for it one day ;-))) [11:23] yeah it was pretty easy to do too :) [11:23] lol [11:23] lol [11:23] even confused myself in the process [11:23] rofl [11:25] 0,4 entered Short Ť 877.25 ť [11:25] Hi Jazz. [11:26] Hey Jazz...are you trading the first hour still? [11:26] Lately you have not been showing up until after the first hour of trading. [11:27] hi niha...actualy i did not trade for sometime. I was busy with other stuff... [11:27] hopfully, in a week or 2 I'll be back to full trading. [11:28] 0,4 Shorts ES @ 877 -> small size [11:28] :) [11:30] Jazz...great...we miss your trade posts :) [11:31] yes [11:31] me too, be sure. [11:32] 0,3 covered 1/2 Short Ť 876.25 ť + 1 [11:32] 0,2 exited 1/2 0,3 Short: 876.25 --> + 0.75 [11:32] very nice kalle, great patience [11:33] thanx, but it was p^t´s idea ;-) [11:33] heh ...... dont blame me ! [11:33] lol [11:33] im just sitting here [11:33] lol [11:34] lol [11:34] thinking about lunch :) [11:34] 0,3 covered remainder Short Ť 877.25 ť 0 [11:34] dont trust this 5m bull flag [11:34] na -- lunch is forbidden today [11:34] 0,2 exited remainder 0,3 Short: 877.25 --> - 0.25 [11:35] dah [11:35] yes p^t, don´t wanna be short if it really is a bull flag [11:35] * p^t nods [11:35] been there ....done that huh [11:37] Jazz, i´m experimenting with the FISH indi -- very nice little thing [11:37] go ahaed [11:37] 0,4 Shorts ES @ 877.50 [11:38] tweezer top + BE pattern @ 333tick [11:38] nice Kalle [11:38] 0,3 entered Long Ť 877.00 ť [11:38] 0,2 exited 1/2 0,3 Short: 877 --> + 0.5 [11:38] combined with fisher? [11:38] yes, FISH div @ 333t [11:39] but small [11:39] 0,4 exited 1/2 Long Ť 878.00 ť + 1 [11:39] oh oh oh [11:40] short term indi slowly turning long [11:40] watchout 200ema, 3min [11:40] 0,4 exited remainder Long Ť 877.00 ť 0 [11:41] 0,4 entered Short Ť 877.00 ť [11:42] if i cover, it´ll drop -- if i stay in, it´ll pop [11:42] 0,4 Shorts ES @ 877.25 [11:43] 0,3 covered Short Ť 877.25 ť - 0.25 [11:45] 0,3 entered Long Ť 878.00 ť [11:45] 0,2 exited remainder 0,3 Short: 878 --> - 0.5 [11:46] 0,4 exited 1/2 Long Ť 879.00 ť + 1 [11:47] nice trades, p^t [11:47] 0,2 exit short ES @ 878.50 --> - 1.25 [11:47] 0,3 reverse and enter long ES @ 878.50 [11:47] thanks Kalle, sometimes it does pay to press into an aging resistance line [11:47] yep :) [11:49] 0,4 Shorts ES @ 878.50 [11:49] 0,4 exited remainder Long Ť 878.75 ť + 0.75 [11:50] 0,2 exited 0,3 Short: 879.25 --> - 0.75 [11:50] looks a lot like a double bottom on the 15 minute chart [11:53] 0,3 entered Long Ť 878.25 ť [11:54] 0,4 exited 1/2 Long Ť 879.25 ť + 1 [11:57] k gonna take a break for lunch, nice trading this morning everyone [11:57] nice ? lol [11:57] yes, was it not ? [11:57] fun trading everyone ? [11:58] fun ? [11:58] bye pt [11:58] not nice and no fun :) [11:58] but profitable at least [11:58] hehe [11:59] yeah thats fun right ? [12:00] painful trading ? [12:00] yes, partially [12:00] 0,2 exit all ES @ 878.50 --> 0 [12:01] 5m flag [12:01] ok guys, see you next week. [12:01] lets see if it gives us a continuation up to the R1 target at 881 [12:02] ok Jazz -- nice to see you again :) [12:02] while we wait for that to happen...........gonna go eat, bbl :) [12:02] k p^t [12:02] take care Jazz, hope you have a nice weekend [12:02] target 881 [12:02] :) thanks you too. [12:03] bbl :) [12:04] wow. only three traders in the room during trading hours, must be a record [12:06] :> [12:15] 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. [13:26] 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] * Kalle is now known as Kalle_busy [13:45] * NihabaAshi is now known as NihabaAshi_busy [14:35] nice WE, ratso and Niha :) [14:36] * Kalle_busy is now known as Kalle_|_away [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. [14:44] * LoxWORKING is now known as Loxley [15:50] 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. [16:03] How goes is Loxley? [16:03] it [17:02] 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. [17:03] 0,3 Buys ES @ 900.00 4,0 ŤŤ testing ťť [17:04] 0,4 Shorts ES @ 800 4,0 ŤŤ testing ťť [17:04] 0,3 covered Short: 750 --> + 50 4,0 ŤŤ testing ťť [17:05] 0,3 covered 1/3 Short: 1000 --> - 200 4,0 ŤŤ testing ťť [17:05] Well, that'd be a nice trade, Tao. :) [17:05] * Loxley is in Memphis, btw. [17:06] not the -200 ack [17:06] Woops. Didn't notice that sign. :) [17:06] Good old Memphis, they got good ribs there :) [17:07] I was there about 6 months ago, it's like a 6 hour drive [17:07] Yep. I like the Memphis style BBQ... as opposed to the Carolina style. If it ain't wet and saucy, it aint barbecue. [17:07] LOL I ate at some BBQ placve that was supposed to be the best, downtown somewhere [17:08] Uh... Isaac Hayes? [17:08] all the waiters had worked there like 40-50 years [17:08] Oh. Not there then. [17:08] Kozy Korner? [17:08] They had a guy at the door with a gun [17:08] Oh like that narrows it down. [17:09] didn't look like too safe of a place LOL [17:09] My wife knows, I can't remember the name [17:09] If you're ever out this way again, I can let you know some nice places. [17:10] That's cool [17:10] and if your ever near Knoxville, I can let you know of some here too [17:11] 0,4 limit order to enter short filled ES @ 800 4,0 ŤŤ testing ťť [17:11] I need to ask FFT where in the Carolinas he's from. He may be a cousin of my wife's. Distantly. [17:11] 0,3 covered all Short: 800 --> 0 4,0 ŤŤ testing ťť [17:12] That's odd, what a small world [17:13] Oh, you wanna know SMALL... Elvis is like my 3rd cousin twice removed or some such. :) [17:13] Elvis ACK, please tell me your not an Elvis fan ;) [17:14] No, but my parents are. :) [17:14] I'm much more of a NIN/Rob Zombie/Moby/Enya kinda guy. [17:15] Uh, and maybe a little bit of Alabama and Charlie Daniels. But only a little. [17:15] that's cool, Elvis just drives me up the wall lol [17:15] Devil went down to Georgia, good song :) [17:15] Damn right. :) [17:17] NihabaAshi has so much info on his www site, it's gonna take me forever to go through it all [17:19] Yeah. It feels a bit disjointed to me, though. The way he's got it laid out isn't bad... but it could be better. It sorta "feels spread out" to me. [17:20] Believe it or not, that's one of the things that convinced me Nihaba is the real deal who trades for a living, not tries to make a living teaching traders. :) [17:20] If he had to make a living by seperating us from our money, you better believe he'd have one HELL of a slick website. :) [17:21] Yeah, that's a good point [17:22] It's gonna rain the next three days here, I gotta go and mow my lawn YUK, BBL [17:22] Seeya. [19:15] Ok...I'm outta here. [19:16] Bye Loxley...I just replied to your post with a long in-depth message. [19:16] It's good and should help a little with your trading. [19:16] * Disconnected [19:16] * Attempting to rejoin channel #FuturesTrades [19:16] * Rejoined channel #FuturesTrades [19:16] [NihabaAshi] Password changes, trade post script changes and trader profiles are posted ONLY at free discussion board at http://www.thestrategylab.com/Forums.htm [19:26] 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. [19:56] * Disconnected Session Close: Fri Apr 04 19:56:14 2003