Session Start: Tue Apr 29 09:21:52 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 Mon Apr 28 18:55:43 [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] * vladthefast was kicked by NihabaAshi (vladthefast) [09:22] Good morning all. [09:22] Today is Open House Tuesday :) [09:22] gm :) [09:22] greetings this am [09:22] Howdy Nihaba [09:23] gm all [09:23] gm [09:24] gm [09:26] gm all [09:26] gm [09:27] good afternoon [09:27] Howdy Kalle [09:28] morning p^t, Kalle !! [09:29] gm everyone [09:29] PMI and Con Sent at 10 AM EDT this morning. [09:29] gm [09:29] :) [09:30] 0,4 Shorts ES @ 917 [09:32] 0,4 Shorts NQ @ 916.00 -> large size [09:33] 8,4 >>> 8,2 Consumer Confidence @ 10:00 EST +++ US President Bush speech @ 12:45 EST 8,4 <<< 1,0 [09:34] Nihaba, you really got hosed on the NQ short at 916 :D [09:34] lol [09:34] Yep...I'll change that in a minute :) [09:35] Howdy HPete [09:35] gm all [09:35] hi Pete [09:35] 0,3 covered 2/3 Short: 915.75 --> + 0.25 [09:39] ES weaker than NQ this morning. . . [09:40] Yes...I notice that also...it will either try to catch up or fall faster than the NQ if the NQ pulls back. [09:41] 0,4 Short ES Ť 917.50 ť [09:41] :> [09:41] * ratso_away is now known as ratso [09:41] 0,4 Shorts NQ @ 916.50 -> Add [09:41] 5m ubb [09:42] Well said, p^t. :D [09:42] :) [09:43] In case anybody is lost...all these trades I have are actually ES trades... [09:43] I have my default set incorrectly. [09:43] 0,2 Covered Short ES Ť 917.50 ť 0 [09:43] 0,3 Buys ES @ 916.75 [09:44] 0,2 exited 1/2 0,4 Long: 918 --> + 1.25 [09:44] nice Kalle [09:44] thx [09:46] 0,4 Shorts NQ @ 918.50 -> Add [09:46] 0,2 exited 1/4 0,4 Long: 918.5 --> + 1.75 [09:46] Ok...I'm happy now...will sit and wait. [09:49] 0,2 exited remainder 0,4 Long: 918.25 --> + 1.5 [09:50] 0,3 Buys ES @ 918.00 -> small size [09:50] 0,4 Shorts ES @ 918.25 [09:50] tight stop [09:53] 0,4 exited all Long: 919.00 --> + 1 [09:53] 0,2 exited 0,3 Short: 919 --> - 0.75 [09:53] :/ [09:54] 8,4 REMINDER > 8,2 Consumer Confidence @ 10:00 EST 8,4 < REMINDER 1,0 [09:57] daily chart pivot 919.50 [09:58] y [09:58] I'm expecting 921.00 area to hold and not push above that...if so...that's where my stop is at. [09:58] R1 921.33 [09:59] Yes. [09:59] looking for a news reversal above that [09:59] 0,4 Shorts ES @ 919.5 -> Add [09:59] I had my stop at 921.25 but lowered it to 921.00 [10:00] wow, gap [10:00] ? [10:00] 0,3 covered all Short: 921.00 --> - 7.5 [10:00] I don't have a gap on my charts, Kalle [10:01] ok, will reload [10:01] Those are the ones that suck...their the type of price bursts you can't reverse a trade :( [10:02] 0,4 Shorts NQ @ 1125.50 [10:03] 0,4 Short ES Ť 922.50 ť [10:04] Anybody got a read on the new data? [10:04] 0,3 Buys ES @ 922.50 -> small size [10:04] 0,4 exited all Long: 923.50 --> + 1 [10:04] 0,2 Covered Short ES Ť 922.50 ť 0 [10:05] 0,4 Shorts ES @ 922.25 [10:05] 0,4 Shorts ES @ 922 [10:06] 0,3 Buys ES @ 921.50 -> small size [10:07] 0,4 exited all Long: 922.50 --> + 1 [10:08] 0,3 Buys ES @ 922.0 4,0 ŤŤ paper ťť [10:09] 0,2 exit 1/2 ES @ 923.0 --> + 1 4,0 ŤŤ paper ťť [10:10] ConCon 81 vs expected of 70 [10:11] No info on the PMI yet :( [10:12] I don't have PMI being reported today....hmmm. [10:12] 0,2 exit remainder ES @ 923.0 --> + 1 4,0 ŤŤ paper ťť [10:12] Could be a Briefing.Com error [10:12] PMI's tomorrow [10:12] Thanks Bobby [10:14] I just noticed the script miscalculated my loss...it showed -7.5 via an Entry 916.00 and Exit 921.00 [10:14] it does the best it can with multiple entries [10:14] It's because you added [10:14] Ok...thanks. [10:15] 0,4 Short ES Ť 923.50 ť [10:16] nice entry! [10:16] I need a big sell-off because I pumped up the size on this last Short entry. [10:18] I'm ES -26.00 points for the day...reason why I need a big sell-off. [10:18] 0,4 Shorts ES @ 922.00 [10:18] 0,2 Covered 1/2 Short ES Ť 921.25 ť + 2.25 [10:19] Nice trading p^t...very nice. [10:19] thanks Niha :) [10:19] took 3 tries thou, was early on the first two [10:20] Same here...very aggressive in my early entries to take a poke and see what happens. [10:20] yeah i was too agressive also [10:20] hope we break this initial sup level here [10:21] Now I'm net positive for the day :) [10:21] great ! [10:21] wtg [10:21] 0,3 covered 2/3 Short: 921.25 --> + 1 [10:22] * p^t smiles [10:22] very nice :) [10:22] I love days like today...4 trades...3 losers and 1 winner (so far) and I'm net positive. [10:22] Man, my whole system is jerky now [10:23] Position size management :) [10:23] your the best at that Niha, its a real life saver [10:23] It didn't help much yesterday :( [10:23] 30 minute chart not looking all that healthy for longs here [10:25] 2nd profit-target reached. [10:25] 0,2 exited 1/4 0,3 Short: 1121 --> + 4.5 [10:25] Kalle ! [10:25] Nice Kalle [10:25] 0,3 covered remainder Short: 918.00 --> + 4.25 [10:25] it´s NQ [10:25] wtg Niha ! [10:25] mega trading guys, nice work [10:25] yeah ! great work Niha :)) [10:26] 0,3 covered all Short: 917.00 --> + 5 [10:26] 0,2 exited 1/2 0,3 Short: 1119.5 --> + 6 [10:26] splatt ! [10:26] big morning for the room ! [10:27] 0,3 covered all Short: 917.75 --> + 4.25 [10:27] wow, payday [10:27] tagging 20 ema 15m chart, support [10:27] Yahoo [10:27] very nice trading guys :) [10:27] 0,2 exited remainder 0,3 Short: 1119.50 --> + 6 [10:28] Kalle... Jazz would be proud [10:28] lol [10:28] 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. [10:28] easier to hold a position @ NQ [10:28] imo [10:28] good going tony [10:28] thks [10:29] yes its more trendy [10:29] patience has its rewards [10:31] 0,4 Shorts ES @ 918.0 4,0 ŤŤ paper ťť [10:36] 0,2 exit remainder ES @ 918.0 --> 0 4,0 ŤŤ paper ťť [10:37] 0,4 Shorts ES @ 918.50 [10:39] 0,2 exited 1/2 0,3 Short: 816.75 --> + 101.75 [10:40] 0,2 exited 1/2 0,3 Short: 916.75 --> + 1.75 [10:40] 0,6 exit stop set ES @ 918 [10:40] your on a roll today Kalle :) [10:41] 0,6 limit order to exit short ES @ 912 [10:41] Come on ES, new LoD [10:41] thx p^t [10:41] hitting next sup level [10:41] 0,2 exited 1/4 0,3 Short: 915.75 --> + 2.75 [10:41] brb [10:41] * Kalle is now known as Kalle_|_away [10:42] 0,2 Covered remainder Short ES Ť 914.50 ť + 9 [10:42] :) [10:43] 0,2 exit all ES @ 913.5 --> + 9.5 [10:43] Wow...nice trading. [10:43] Yeah, I had that short pre-news. Geez. [10:44] 20 ema 30 minute chart support line hitting for the ES here [10:44] P^T way to go [10:48] 0,3 Buys ES @ 914 [10:51] 0,2 exit all ES @ 912.75 --> - 1.25 [10:57] 0,3 Buys ES @ 910.50 [10:59] 0,2 exit 1/2 ES @ 911.50 --> + 1 [10:59] 0,4 Shorts ES @ 911.75 4,0 ŤŤ paper ťť [11:00] 0,2 limit order to exit short filled ES @ 915.75 --> + 2.75 [11:01] Hi RdN...welcome to the snake pit :) [11:01] nah, filled @ 912 + 4.75 [11:01] :) [11:01] * Kalle_|_away is now known as Kalle [11:01] yeh it was an ordeal but i got here in the end [11:01] :) [11:01] hi RdN, welcome :) [11:01] it will be worth it [11:01] Nobody in here bites unless you bite first :) [11:01] Hi all [11:02] hi RdN [11:02] Hi Rdn [11:02] The moment of truth in my mind, flag or reversal... [11:02] RdN...the long road for room entry is done intentionally to weed out certain types of traders. [11:02] I understand [11:03] its a good idea [11:03] 0,2 exit remainder ES @ 912.25 --> + 1.75 [11:03] what type of traders? [11:03] Niha is our resident gardener, he does not like weeds :) [11:03] lol [11:03] lurkers? [11:03] 0,4 Shorts ES @ 912 4,0 ŤŤ paper ťť [11:03] lol [11:04] a coil off of this daily pivot [11:04] 909 [11:04] which was R from yesterday [11:05] 0,3 covered all Short: 912 --> 0 4,0 ŤŤ paper ťť [11:05] Unwanted Users: Lurkers, Brokers looking for new clients, Get Rich Spammers, Traders that don't even have a Futures account, ET trouble makers and the guys that post a lot of analysis but never post any trades. [11:06] not a thing of beauty, my trade (not Nihaba's message). [11:06] in other words, pretty much anyone we do not like :) [11:06] its your room :-) you RULE [11:06] 0,2 exit 1/2 ES @ 910.75 --> + 1 4,0 ŤŤ paper ťť [11:06] i can live with that [11:07] grrr... [11:07] it's a good room RdN, I hope you gain some benefit from your time here [11:08] i hope so p^t [11:08] 5m trying to setup a turn [11:09] 0,3 Buys ES @ 911.25 [11:09] Also looks like a candlestick hammer on the five min. [11:11] 0,2 exit 1/2 ES @ 913.25 --> + 2 [11:11] nice Pete [11:11] tj :) [11:11] I mean ty :) [11:12] 0,4 Short ES Ť 913.00 ť [11:12] have to reboot [11:13] 0,2 exit remainder ES @ 912.5 --> - 0.75 4,0 ŤŤ paper ťť [11:16] 0,2 Covered Short ES Ť 913.25 ť - 0.25 [11:17] 0,2 exit remainder ES @ 912.75 --> + 1.5 [11:20] 0,4 Short ES Ť 913.00 ť [11:25] 0,2 Covered 1/2 Short ES Ť 912.00 ť + 1 [11:26] 0,2 Covered remainder Short ES Ť 913.00 ť 0 [11:26] 0,3 Buys ES @ 912.25 [11:26] 0,2 exit 1/2 ES @ 913.25 --> + 1 [11:26] so quick [11:26] very nice [11:27] hardly got time to post [11:28] 0,4 Shorts ES @ 913.25 4,0 ŤŤ paper ťť [11:31] 0,4 Short ES Ť 913.75 ť [11:31] 0,2 exit remainder ES @ 913.50 --> + 1.25 [11:32] 5m ubb [11:32] 0,2 exit 1/2 ES @ 912.25 --> + 1 4,0 ŤŤ paper ťť [11:32] ubb=upper bol band ? [11:33] Reminder: Password will change on May 1st...I will post it the night before May 1st. [11:33] yes [11:33] http://pub90.ezboard.com/fthestrategylabfrm88 [11:33] tx [11:33] k [11:33] 0,2 Covered 1/2 Short ES Ť 912.75 ť + 1 [11:34] 0,2 exit remainder ES @ 913.0 --> + 0.25 4,0 ŤŤ paper ťť [11:35] 8sma 5m chart line holding this up [11:36] that's it for me today.....bye everyone [11:36] k Pete, nice work :) [11:36] bye Pete, great trading [11:36] have a nice afternoon [11:36] thanks, you too :) [11:37] look at 3m chart and the 200ema is like crows on a wire support [11:37] * p^t smiles [11:38] still looking like a bear flag on the 15m chart [11:38] just need some downside volume [11:38] my new Japanese candlestick description of ovelapping support w/5ema overlapping 200ema [11:39] crows on a wire :) [11:39] hard to break support there [11:39] 0,2 Covered remainder Short ES Ť 913.75 ť 0 [11:40] 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. [11:42] 0,4 Short ES Ť 914.75 ť [11:42] 50 ema 3m [11:43] * RdN is now known as RdN-afk [11:43] and 20 on the 10 and 15 [11:43] 0,4 Shorts ES @ 915.00 -> small size [11:44] 0,3 covered all Short: 914.50 --> + 0.5 [11:44] 0,4 Shorts ES @ 914.75 4,0 ŤŤ paper ťť [11:45] 0,2 Covered Short ES Ť 914.75 ť 0 [11:46] 0,4 Shorts ES @ 914.75 [11:46] hey ! [11:46] :) [11:46] ;-) [11:47] * p^t is now known as pt^away [11:52] 0,2 exit remainder ES @ 915.0 --> - 0.25 4,0 ŤŤ paper ťť [11:52] 0,2 exited 0,3 Short: 915.25 --> - 0.5 [12:06] * NihabaAshi is now known as NihabaAshi_lunch [12:07] 0,4 Shorts ES @ 915.75 [12:08] 0,2 exited 1/2 0,3 Short: 914.75 --> + 1 [12:11] 0,2 exited 1/4 0,3 Short: 814.75 --> + 101 [12:12] 0,2 exited 1/4 0,3 Short: 914.75 --> + 1 [12:18] * splatt is now known as splatt_away [12:19] 0,2 exited remainder 0,3 Short: 913.75 --> + 2 [12:20] * splatt_away is now known as splatt_back [12:23] * splatt_back is now known as splatt [12:24] * pt^away is now known as p^t [12:28] 914 looks bullish imo [12:28] but too risky for me [12:28] ;-) [12:38] ... [12:39] interesting pattern on the 30m chart [12:40] bullish ? [12:40] we have a 1-2-3 bottom on the 13m chart [12:41] hate going long on the 5m ubb [12:41] ubb ? upper BB ? [12:41] yes [12:41] k [12:41] same here :/ [12:42] what is the pattern you are seeing on 30m ? [12:42] higher lows and a flat top [12:43] 3 equal highs esentially with higher lows, a type of ascending triangle [12:43] yep [12:43] im kinda hoping for a failure right here to get short on [12:45] 0,4 Short ES Ť 915.25 ť [12:45] :) [12:45] good call [12:45] call me skeptical :) [12:45] perfect Fish div [12:45] would have loved to get 916 there [12:45] yep [12:45] but i was not confident enough it would reverse [12:46] had the same prob with 914 earlier... [12:46] and missed both :( [12:46] its been tough all day today [12:48] 0,2 Covered 1/2 Short ES Ť 913.00 ť + 2.25 [12:48] BUSH speaking [12:48] k [12:48] last time he spoke i lost money [12:48] hehe, now u get it back [12:48] someone needs to find him something else to do .... imho [12:49] LOL [12:49] hehe [12:52] 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. [13:00] 0,2 Covered remainder Short ES Ť 915.25 ť 0 [13:01] dang [13:01] thought it would retest lod [13:01] 0,3 Long ES Ť 916.00 ť [13:02] going for breakout [13:04] i took 13.50 :) [13:04] dog [13:04] lol [13:04] lol [13:04] 0,2 Exited 1/2 Long ES Ť 917.00 ť + 1 [13:05] nice trade [13:05] well [13:05] not as nice as yours :) [13:06] BBs are very helpful for the last few days [13:06] imo [13:06] yes i agree [13:11] 0,2 Exited remainder Long ES Ť 916.00 ť 0 [13:24] 0,4 Short ES Ť 914.50 ť [13:25] chased it [13:26] 0,2 Covered Short ES Ť 914.50 ť 0 [13:26] soon as i got into that short the momentum stalled on me [13:27] 0,3 Buys ES @ 914 -> small size [13:28] wrong [13:28] 0,3 Buys ES @ 914.25 -> small size [13:29] 0,2 exited 1/2 0,4 Long: 915.50 --> + 1.25 [13:30] 0,2 exited remainder 0,4 Long: 915 --> + 0.75 [13:30] 0,4 Short ES Ť 914.75 ť [13:30] darn [13:30] has not been an easy day [13:31] yep, but profitable :) [13:32] 0,3 Buys ES @ 914 [13:32] risky [13:32] 0,2 exited 1/2 0,4 Long: 914.5 --> + 0.5 [13:33] 0,6 exit stop set ES @ 913.25 [13:35] 0,2 Covered Short ES Ť 914.75 ť 0 [13:36] cant catch a break this afternoon [13:37] 0,2 exited remainder 0,4 Long: 913.75 --> - 0.25 [13:37] tons of bar overlap on the 5m chart makes holding any kind of position difficult [13:38] yep [13:38] i expect a rally [13:38] but it refuses to start ;-) [13:40] decision time [13:48] * NihabaAshi_lunch is now known as NihabaAshi [13:48] wb Niha :) [13:49] Thanks...looks like I missed a few trade signals via a quick glanced at the charts. [14:00] * RdN-afk Sells ES @ 912 [14:02] 0,4 Short ES Ť 913.00 ť [14:03] * RdN-afk is now known as RdN [14:04] 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. [14:07] 0,2 Covered Short ES Ť 913.00 ť 0 [14:10] * Kalle is now known as Kalle_|_away [14:11] This'll make an interesting candle on the daily chart if we close about here or a little lower. [14:12] Agree. [14:12] So let [14:12] So let's all commit to keeping the price about here :D [14:12] 0,4 Short ES Ť 913.50 ť [14:13] i prefer we close at 901 :) [14:13] That p^t, what a heathen. Always putting profits before research :D [14:13] Nice entry, BTW. [14:13] thx [14:14] took the entry at the 20ema 3m, when it just kinda stalled there [14:14] In fact, if I was up big time in profits today...I would consider putting in a 1 contract overnight hold with Stop/Loss Placement @ 924.00 (one tick outside today's intraday high). [14:14] at first i was skeptical, but it just sat there so ... [14:14] As a Short position. [14:15] yep, agreed, daily looking like it wants 902 ish tomorrow [14:15] depending on the close today of course [14:15] if we close at the hod, then nevermind right :) [14:15] Exactly. [14:15] Funny thing is, I was thinking about doing an overnight if we ended up with a loooong wick like today. And that was premarket. [14:17] hi all [14:17] Howdy Jazz [14:17] good afternoon Jazz [14:18] Hmmm. . . TICK and TRIN both trending higher. [14:18] not much happen in the last 3 hours [14:18] Just waiting for you :D [14:19] :) [14:19] 0,2 Covered Short ES Ť 913.00 ť + 0.5 [14:21] 0,4 Shorts ES @ 913 [14:24] * Looking up Jazzlife65 user info... [14:30] Geez, just when my indicators are all finally coming into agreement on a downtrend, it ticks up. [14:32] 0,4 Short ES Ť 912.25 ť [14:33] That's cool - just heard that the Iraqi who helped get Lynch rescued just got US citizenship. [14:34] 0,2 exit 1/3 ES @ 911.75 --> + 1.25 [14:34] 0,2 Covered Short ES Ť 912.00 ť + 0.25 [14:40] 5m chart forming a tirangle with the 20ema line acting as resistance [14:40] either trade the edges for reversals, and hope it does, or wait for breakout [14:44] just noticed this little triangle on the 5m is part of a larger triangle on the 30m chart [14:44] things might get interesting if we get a breakout [14:45] 0,3 Long ES Ť 913.75 ť [14:45] 0,3 Buys ES @ 914 [14:46] * RdN_ buyback ES @913.75 -1.75 stop hit [14:46] 0,2 exit short ES @ 914 --> - 1 [14:46] 0,3 reverse and enter long ES @ 914 [14:47] It needs to push a little hire for me to take a closer look. [14:47] yep still inside this 30m triangle [14:48] Shorts are bailing nicely [14:48] 0,2 Exited 1/2 Long ES Ť 914.75 ť + 1 [14:55] At this point it's too high for my overnight short :( [14:57] Yep...the dynamics of that daily candlestick has changed. [14:57] need 916 [14:57] There's still time remaining in the trading day for a pullback from current price levels. [14:58]