Session Start: Mon Oct 20 07:03:22 2003 Session Ident: #FuturesTrades [07:03] * Now talking in #FuturesTrades [07:03] * Topic is 'Active realtime trade posting ES, NQ, SPY, QQQ, YM, DIA (private and free)...for password access...contact NihabaAshi at intradaystrategies@yahoo.com' [07:03] * Set by X on Fri Oct 17 14:06:11 [07:03] [NihabaAshi] Password changes, trade post script changes and trader profiles are posted ONLY at free discussion board at http://www.thestrategylab.com/Forums.htm [07:20] 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. [07:37] * Kalle_|_away is now known as Kalle [07:57] * sam_away is now known as sam_1 [08:30] * Retrieving #FuturesTrades info... [08:32] 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. [08:38] * Kalle is now known as Kalle_|_away [08:59] Good Morning everyone [09:00] good morning [09:00] :) [09:14] 1,4 Key Economic Reports -> 8,2 10am est Leading Indicators 1,4 <- Expect good Volatility...its an important report. [09:16] thanks niha [09:17] 1,4 Awash Info -> 8,2 Today's key s/r levels and pivot point info for ES & NQ http://home.houston.rr.com/aarondwashington [09:20] Good Morning Folks ! [09:21] good morning all [09:21] Good morning Awash and all. [09:22] G'morning everybody [09:23] * Kalle_|_away is now known as Kalle [09:24] hi @ all [09:24] Howdy Kalle [09:26] gm super piker! [09:27] How about them Vikings!!! The "Moss Toss" Loving it!!! [09:27] GM ALL [09:27] 1,4 Awash Info -> 8,2 Today's key s/r levels and pivot point info for ES & NQ http://home.houston.rr.com/aarondwashington [09:28] Howdy AMT [09:28] Hello! [09:30] 8,4 >>>>> 8,2 Leading Indicators @ 10 am EST 8,4 <<<<< 1,0 [09:31] VIX opens up @ 17.84 [09:31] yes indeed...thanx! [09:31] 0,4 Shorts ES @ 1039.50 -> medium size  [09:31] for 10 ES...now at 70 [09:32] 0,3 Buys ES @ 1039.00 -> small size  [09:33] 0,4 Shorts NQ @ 1398.5  [09:34] 0,2 Covered 1/2 Short NQ at 1397.5 --> + 1  [09:34] 0,2 Covered all ES Short @ 1038.50 --> + 1  [09:34] for 10 ES...now at 60 [09:36] 0,2 Covered remainder Short NQ at 1399 --> - 0.5  [09:36] 0,4 Shorts ES @ 1039 -> medium size  [09:36] for 10 ES...now at 70 [09:37] gm all [09:38] 0,4 exited all Long: 1038.50 --> - 0.5  [09:39] 0,4 Shorts NQ @ 1398 4,0 «« paper »»  [09:40] 0,3 Long ES @ 1039.25 -> small size  [09:41] 3 contracts only [09:42] 0,4 Shorts ES @ 1038.25 -> large size 4,0 «« paper »»  [09:42] 0,6 exit stop set NQ @ 1401 4,0 «« paper »»  [09:42] 0,3 Buys ES @ 1038.25 -> small size  [09:43] TICK near LOD [09:44] 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. [09:44] Some folks on the sidelines in anticipation of 10 AM news [09:45] 0,4 Shorts ES @ 1039.50 -> Add  [09:45] 0,2 stop hit NQ @ 1401 --> - 3 4,0 «« paper »»  [09:45] for 10 ES...now at 80 [09:45] 0,4 exited all Long: 1039.25 --> + 1  [09:46] 0,2 Exited ES Long @ 1038.50 --> - 0.75  [09:46] 0,4 Reverse and Enter Short ES @ 1038.50  [09:46] 0,2 Covered 1/2 ES Short @ 1038.25 --> + 1.25  [09:47] for 10 ES...now at 70 [09:47] 0,3 Buys ES @ 1038.25 -> small size  [09:47] if 1038 breaks we get more drop in here [09:48] 0,2 Covered Remainder ES Short @ 1038 --> + 1  [09:48] for 10 ES...now at 60 [09:49] gm [09:49] ES has been in a tight range about 1.5 pts [09:50] 0,4 Shorts ES @ 1038.75 -> medium size  [09:50] 3,15[B ES3Z to OPEN] 1@ 1038.75 [09:50] for 10 ES...now at 70 [09:50] 1038.00 area is a strong support level [09:50] `til 10, Todd. Then we'll likely see some action. [09:51] resistance at 1039.50 [09:51] VIX might be giving up and heading lower [09:51] 0,2 Covered ES Short @ 1039.25 --> - 0.75  [09:51] 0,3 Reverse and Enter Long ES @ 1039.25  [09:51] * FFT buys Es @ 39.25 [09:52] * szubaark_zzzz is now known as szubaark [09:53] 0,4 exited all Long: 1039.00 --> + 0.75  [09:53] super choppy [09:54] 0,6 exit stop set ES @ 1036.25  [09:54] 8,4 REMINDER > 8,2 Leading Indicators @ 10 am EST 8,4 < REMINDER 1,0 [09:55] Might be some of those big guys coming in right before the news. [09:55] If I reverse this Long into a Short position...I'll add 6 contracts to it. [09:56] 0,4 Shorts ES @ 1039.75 -> Add  [09:56] for 10 ES...now at 80 [09:56] 0,2 Exited 2/3 ES Long @ 1040.25 --> + 1  [09:57] 4,15[S ES3Z to EXIT] 1@ 1039.75 3+1 [09:57] 0,6 exit stop raised ES @ 1039.25  [09:57] good trade & patience Niha [09:58] * FFT exits @ 40.5 +1.25 [09:58] 0,2 Covered ES Short @ 1039.5 --> - 1.25 4,0 «« paper »»  [09:58] 0,3 Reverse and Enter Long ES @ 1039.5 4,0 «« paper »»  [09:58] Rats, I wanted 41, but was afraid of the news coming out [09:59] 0,6 exit stop raised ES @ 1039.75  [09:59] same here [09:59] 0,4 Shorts ES @ 1041.50 -> Add  [09:59] for 10 ES...now at 90 [09:59] 0,6 exit stop raised ES @ 1040.25  [09:59] 0,4 Shorts ES @ 1041.00 -> small size  [10:00] LEI unchanged [10:00] Or maybe down .2 [10:00] -0.2 [10:01] 4,15[S ES3Z to OPEN] 1@ 1040.5 [10:01] market feels kinda confused about this news. [10:01] 0,2 Exited Remainder ES Long @ 1040.50 --> + 1.25  [10:02] good score niha [10:02] 0,2 Covered 1/3 ES Short @ 1040.25 --> + 1.25  [10:02] for 10 ES [10:02] 0,4 Shorts ES @ 1040.50 4,0 «« paper »»  [10:02] 0,4 Shorts ES @ 1040.75  [10:03] 0,4 Shorts ES @ 1040.25  [10:04] 42.25 buy stop [10:04] 0,4 Shorts ES @ 1040.50 -> Add  [10:04] for 10 ES...back at 90 [10:04] 0,3 covered all Short: 1041.00 --> 0  [10:04] 3,15[B ES3Z to EXIT] 1@ 1041 4-0.5 [10:04] 3,15[B ES3Z to OPEN] 1@ 1041.25 [10:06] 4,15[S ES3Z to EXIT] 1@ 1040.5 4-0.75 [10:06] 4,15[S ES3Z to OPEN] 1@ 1040.25 [10:06] 0,4 Shorts ES @ 1040.50 -> small size  [10:06] 9 contracts only [10:06] Dive [10:06] ES just above it's 200 eMA on the 3 [10:06] BIG drop in TICK [10:06] 6 PT 1038.25 [10:07] 0,2 Exited Remainder ES Long @ 1039.5 --> 0 4,0 «« paper »»  [10:07] nice day [10:07] back to bed [10:07] nice short at 41.50 amt! [10:07] 0,2 Covered 1/3 ES Short @ 1039.50 --> + 1  [10:07] thanx [10:08] 0,6 exit stop set ES @ 1040.50  [10:08] Thank you CNBC :) [10:08] lol [10:09] 0,2 Covered 1/3 ES Short @ 1039.25 --> + 1.25  [10:09] CNBC announced an error in the reporting of the Leading Indicators numbers... [10:09] for 10 ES...now at 80 [10:09] The actual number was WORST than the number that was reported minutes earlier :) [10:10] 0,3 Buys ES @ 1039.25 -> small size  [10:10] I figure that revision was worth at least a point. [10:12] in line at 1038.25 [10:12] Heh, me too Awash [10:12] long line [10:12] Trying to cover [10:12] 0,4 exited all Long: 1038.25 --> - 1  [10:12] still in line [10:12] Maria B can give me a gift any day :() [10:12] Me too :( [10:12] 0,2 Covered 1/3 ES Short @ 1038.50 --> + 2  [10:12] Grrr [10:13] good one! [10:13] Still holding 3 contracts [10:13] 0,2 Covered 1/2 ES Short @ 1038.25 --> + 2.25 4,0 «« paper »»  [10:13] Got filled Awash [10:13] :O [10:13] 0,2 Covered all ES Short @ 1038.25 --> + 2  [10:13] same here [10:13] uptrend line from Fri LOD finally breaking down [10:13] 0,6 exit stop lowered ES @ 1039.00  [10:13] 0,4 Shorts ES @ 1038 -> large size 4,0 «« paper »»  [10:14] TICK looking *ugly* [10:14] stop for remainer lowered to BE [10:14] 0,2 Covered ES Short @ 1037.75 --> + 2.75  [10:14] nice [10:14] nice [10:14] Holding 1 contract still. [10:15] majore support at 1038 area [10:15] major [10:15] Yes Captian? [10:15] :) [10:15] :D [10:16] what private? [10:16] My trade signal was Sue Herrera (CNBC) announcing the error in what the wires had reported for the Leading Indicators :) [10:16] that's funny [10:16] Gotta take advantage of a screw up like that :) [10:16] 0,2 Covered all ES Short @ 1037.25 --> + 3.5  [10:17] 0,2 Covered 1/3 ES Short @ 1037 --> + 1.75  [10:17] nice [10:17] 3,15[B ES3Z to EXIT] 1@ 1037.25 3+3 [10:17] anyone think 34.75 possible? [10:17] for 10 ES...now at 70 [10:17] nice Sam [10:17] thanks [10:18] 0,2 Covered Remainder ES Short @ 1037.25 --> + 1.5  [10:18] in buy zone, but I'm leaning toward stepping aside and passing. [10:18] for 10 ES...now at 60 [10:18] 0,2 Covered Remainder ES Short @ 1037.50 --> + 3 4,0 «« paper »»  [10:19] 0,4 Shorts ES @ 1037.50 -> medium size  [10:19] waytago [10:19] 0,3 Long ES @ 1037.25  [10:20] AMT, if we go down 1030 or so, you could close out all your open shorts and be up for the month, I think. Is that a possibility? [10:20] 15m gann1X1 support here [10:20] for 10 ES...now at 70 [10:20] 0,4 Shorts ES @ 1037.75 -> Add 4,0 «« paper »»  [10:20] 1m nq hammer [10:20] I mean, is it possible that you'd cover all at that level? [10:21] trade showing +1.75 should be for +2.75 for 10 ES (1039.75 to 1037) [10:21] 0,2 Exited all ES Long @ 1037 --> - 0.25  [10:22] FFT...yes you are right [10:22] 0,2 Covered Remainder ES Short @ 1036.50 --> + 4  [10:22] GREAT TRADE NIHA!!! [10:22] nice [10:22] That's good :) [10:22] nice niha [10:22] good job, Niha [10:23] any buys signals developing for any of you [10:23] 1036 is a tough area to break and hold below IMO [10:23] I just took advantage of a newswire error in the reporting of the Leading Indicators numbers. [10:23] 0,3 Long ES @ 1036.25  [10:23] 0,2 Covered ES Short @ 1036.25 --> + 1.75 4,0 «« paper »»  [10:23] 0,3 Reverse and Enter Long ES @ 1036.25 4,0 «« paper »»  [10:23] I have a BUY lunch signal hitting! [10:23] LOL [10:23] It happen once before last year...I made +8 points on that trade :) [10:23] Apostle...great one [10:23] :) [10:24] thx [10:24] 0,2 Exited ES Long @ 1037.25 --> + 1 4,0 «« paper »»  [10:24] 0,4 Reverse and Enter Short ES @ 1037.25 4,0 «« paper »»  [10:25] the stall above 1041.25 area was easy to see today IMO...that was a very good SHORT signal today [10:25] 3,15[B ES3Z to OPEN] 1@ 1037.25 [10:26] and the news error just helped out even more! [10:26] Ooo man, do I wanna short this. But my indies are keeping me out. [10:27] this is a very weak market in here IMO [10:27] 8,4 Trading Tip -> 8,2 Don't ignore breaking economic or world news...they act like pivot points or key s/r levels. [10:28] Well my instincts were pretty good on that :) [10:28] I want to see 1034.75 taken out at some point today...lower low one day over the next [10:29] We've had a coupld bull starts / hammers on the 5 minute that has worked so far. [10:29] 4,15[S ES3Z to EXIT] 1@ 1036 4-1.25 [10:30] NQ not following this ES "breakthru" [10:30] when it does it will push the ES down even more IMO [10:31] 0,4 Shorts ES @ 1035.0 4,0 «« paper »»  [10:31] 1034.75 fight ahead [10:31] 0,4 Shorts ES @ 1036 4,0 «« paper »»  [10:32] 0,3 Long ES @ 1035 -> Add  [10:32] here we go... [10:33] NEW lower low one day over the next [10:33] 0,3 Buys ES @ 1035.00 -> small size  [10:33] prolly a good scalp trade splatt [10:33] 3,15[B ES3Z to OPEN] 1@ 1035 [10:34] 0,2 Covered all ES Short @ 1034.75 --> + 2.75  [10:34] :) [10:34] for 10 ES...now at 60 [10:34] 0,3 Long ES @ 1035  [10:34] ALL amt? [10:34] 1,4 Awash Info -> 8,2 Today's key s/r levels and pivot point info for ES & NQ http://home.houston.rr.com/aarondwashington [10:34] i hate longs [10:34] but it's worth a try [10:35] Yeah, it's harder to get paid on a long than a short :( [10:35] 0,4 Shorts ES @ 1035.25 -> medium size  [10:35] for 10 ES...now at 70 [10:35] 0,2 exit all ES @ 1035.5 --> + 0.5 4,0 «« paper »»  [10:35] 6 PT 1036.50 [10:35] 36 will be some resist [10:35] alright [10:36] my 3 min stoch is in the oversold area [10:36] 4,15[S ES3Z to REDUCE position ] 1@ 1035.75 3+0.75 [10:36] and I have small divergence on my 1 minute [10:36] Yeah Awash, that's what kep me frmo shorting [10:36] 15,00,1514,1515,142,1414,28,2 buys YM @ 9692 14,22,1415,1414,150,1515,0 [10:36] Long line at 6.5 [10:36] 0,4 Shorts ES @ 1036.25 -> Add  [10:36] kinda missed a cover for a nature call but I will waite it out [10:36] for 10 ES...now at 80 [10:37] 0,6 exit stop set ES @ 1035.25  [10:37] i hate longs [10:37] nice add Amt [10:37] Apostle, if you are using IB, you can get a front end that auto-stops and profit targets for you. [10:37] 0,2 Exited 1/2 ES Long @ 1036 --> + 1  [10:37] 0,4 exited all Long: 1036.00 --> + 1  [10:38] yes your are right [10:38] thanx [10:38] 1036 area could become resistance in here now [10:38] 6 New profit target will be set soon [10:38] Yer welcome. I use my own, but a lot of folks seem to like Ninja Trader and Bracket Trader. Dunno if those guys charge or what. [10:38] 0,4 Shorts ES @ 1036 -> Add 4,0 «« paper »»  [10:39] Bracket is free, Ninja has a monthly fee [10:39] AutoTrader is free also, have some nice new features [10:39] 4,15[S ES3Z to EXIT] 1@ 1035.25 3+0.25 [10:40] 0,2 Exited all ES Long @ 1035.25 --> + 0.25  [10:40] Yeah, that would make the top three, from what I hear folks talk about. [10:40] If 1034 breaks down we might get another 2 to 3 points of drop IMO [10:40] any of them work with IB [10:40] All of em [10:40] after 1034 next stop ahould be 1031 [10:40] yeap [10:40] :0 [10:40] cool [10:41] We've got three daily lows right in the 33-35 range. [10:41] Plus today :) [10:42] which one of you had all the lines drawn on your screen in your profile? [10:43] That was great...I started laughing so hard...looked just like mine :-) [10:44] This used to be a congestion area on the daily but a break of the area can send this thing really down [10:45] no LONG support so far in here to me... [10:46] I do not see big buyers jumping in here at this point [10:46] 0,3 Buys ES @ 1036.00 -> small size  [10:47] all the lines... that would probably be me... [10:47] Tempted to buy here...but I'm still going to stand aside. [10:47] sometimes i can barely make out the candles [10:48] Not an obvious enough setup for me to take. [10:49] TICK never holds any steam...builds up and then drops [10:50] 0,4 Shorts ES @ 36.75  [10:50] 0,4 Shorts ES @ 1036.75 -> Add  [10:50] for 10 ES...now at 80 [10:51] sorry, now at 90 [10:53] TICK finally holding up a bit in here [10:54] 0,2 Exited all ES Long @ 1037.25 --> + 1  [10:55] hanging head in shame [10:55] good thing I am a PaperBoy... [10:55] too many distractions here [10:56] 0,4 exited all Long: 1037.25 --> + 1.25  [10:56] any chance of this dropping back to the 34 region [10:56] 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. [10:56] apostle , go to the library and day tade from computers there :) [10:57] 15,00,1514,1515,145,1414,50,5 sells YM @ 9701 +9 14,55,1415,1414,150,1515,0 [10:57] YEAH !!!! [10:58] i would say there's a chance of that apostle, if we don't power above yesterday's close [10:58] Should be real quiet there....except for the wine-o snoaring away [10:58] 34 area very probable IMO... [11:00] * amt4swa is away for tea [11:02] 0,4 Shorts ES @ 1037.5 -> small size  [11:03] 0,4 Shorts ES @ 1037.50 -> small size  [11:04] 0,2 exit all ES @ 1037 --> + 0.5  [11:05] VIX continues to decline/ [11:06] nq having trouble deciding what to do at open area [11:08] VIX testing support at 17.76 [11:08] 0,3 covered all Short: 1038.00 --> - 0.5  [11:08] And breaking it [11:09] 0,4 Shorts ES @ 1038 -> Add  [11:09] 100? [11:09] for 10 ES...now at 100 [11:09] 39 rest' [11:10] 1039.25 test maybe... [11:11] 0,4 Shorts ES @ 1037  [11:12] 0,2 Covered 1/4 ES Short @ 1037 --> + 1  [11:12] for 10 ES...now at 90 [11:13] 4 PT 1035.75 [11:15] 0,2 Covered 1/4 ES Short @ 1036.75 --> - 1.5  [11:16] should be for + 0 for 10 ES... [11:16] I will clear and reload [11:16] 0,2 Covered all ES Short @ 1036.25 --> - 1  [11:17] cleared ...now I will reload [11:17] 0,2 Covered all ES Short @ 1036.75 --> + 0.25  [11:17] wrong order hit the floor [11:17] 0,4 Shorts ES @ 1035.25 -> medium size  [11:17] i screwed up [11:17] 0,4 Shorts ES @ 1036.25 -> Add  [11:17] this is the second time this happened [11:17] * traderant slaps Awash around a bit with a large trout [11:17] re-entered...now at 80 [11:18] hope that helps [11:18] it did [11:18] :) [11:18] good [11:18] i'm re-entering at a better price [11:18] i was preparing a stop [11:18] but i hit the wrong button [11:19] my keyboard is sensitive [11:19] yeah, that happens [11:19] Cuddle it some more, Awash :) [11:19] 0,4 Shorts ES @ 1036.75  [11:19] lol FFT [11:19] :D [11:21] looking to reenter around 1038 if signal holds [11:22] 0,4 Shorts ES @ 1037.25 -> Add  [11:22] for 10 ES...now at 90 [11:24] 0,2 Covered Remainder ES Short @ 1036.75 --> - 0.25 4,0 «« paper »»  [11:24] chop chop [11:24] pooh pooh [11:25] ES must be preparing a salad bar, there's so much chop :D [11:25] yes, it's getting close to lunch [11:26] oh brother [11:26] * amt4swa is away to eat some lunch...audible alerts set [11:32] * FFT is now known as FFT_Away [11:39] 0,4 Shorts ES @ 1036.75 -> small size  [11:45] * Kalle_weekend is now known as Kalle [11:48] 0,2 stop hit ES @ 1037 --> - 0.25  [11:49] 0,4 Shorts ES @ 1039.25 -> medium size  [11:49] 0,2 Covered all ES Short @ 1038 --> - 1.25  [11:49] for 10 ES..now at 100 [11:49] Pivot via Awash 1040.25 and CNBC Leading Indicator report correction sell-off 1040.50 [11:50] Sorry...Awash pivot is also 1040.50 [11:50] 1,4 Awash Info -> 8,2 Today's key s/r levels and pivot point info for ES & NQ http://home.houston.rr.com/aarondwashington [11:51] well we made it back to open price area... [11:52] * FFT_Away is now known as FFT [11:54] My Pivots don't mean diddly squat today [11:55] why not? [11:55] My indiicators don't either [11:55] Awash ...I ah ...hummm how do I say this [11:56] I ahhh...didn't use yours [11:56] ;) [11:56] :) [11:56] are yours posted [11:56] yeah [11:56] :D [11:56] each day by 8:15 CST [11:56] address [11:56] i can't trade without them [11:57] Niha has been posting the website all morning [11:57] please and thanx [11:57] thanks, Awash [11:57] he has [11:57] ahhhh yeah he has [11:57] http://home.houston.rr.com/aarondwashington/ [11:57] did I mention I'm a goof [11:58] no big deal [11:58] calculate your numbers, look at mine, and figure out what works [11:58] the lack of response seems to tell me ...that may have been pre determined :D [11:59] LOL [12:00] you can't copy and paste [12:00] unfortunately not [12:00] i'm not good with websites [12:00] so that's the quickest way right now [12:00] i designed it for the numbers only [12:00] No I mean in general....I will live [12:00] ES bouncing off the 200 eMA on the 3. [12:01] on here [12:01] if you have an idea i should try I'm all ears! [12:02] no offense intended...just observation [12:02] Peace [12:08] 0,2 Covered all ES Short @ 1036.75 --> - 1.75 4,0 «« paper »»  [12:08] sorry about late post was away [12:08] 15,00,1514,1515,142,1414,28,2 buys YM @ 9719 14,22,1415,1414,150,1515,0 [12:08] 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. [12:10] Yes Awash....your charts are pretty much dead on [12:10] nice [12:11] 1038.5 1034.5 [12:11] sweet [12:11] 0,4 Shorts ES @ 1038.75  [12:12] bull flag imo on 3 min YM [12:13] in sell zone ... I'm going to take this one if i get confirmation [12:13] Bull flag on ES 10 [12:13] 4,15[S ES3Z to OPEN] 1@ 1039.25 [12:13] NQ new HOD [12:14] NQ popping [12:14] imo...trend continues up [12:14] Yep [12:14] oh shucks [12:18] NQ needs to reverse soon [12:21] TICK falling [12:21] low volume [12:22] 0,4 Shorts ES @ 1039.25  [12:22] 0,6 exit stop set ES @ 1044.25  [12:23] big stop [12:23] :) [12:23] how do you gauge that? [12:23] i just set a 3 point stop [12:23] 15,00,1514,1515,145,1414,50,5 sells YM @ 9719 +0 14,55,1415,1414,150,1515,0 [12:23] 3 pts stops caused me to get stopped out too much, so I use 5 pts. [12:23] not really good with initial stops [12:23] okay [12:25] * NihabaAshi is now known as NihabaAshi_lunch [12:26] 3,15[B ES3Z to EXIT] 1@ 1039 3+0.25 [12:27] * FFT is now known as FFT_Away [12:28] 4 PT 1037.75 [12:29] Awash, my 5 pts stops are still very small relative to my trading capital. I can (and have)sustained a string of losing trades with little trauma to my capital. [12:30] okay [12:30] My initial stops don't get hit often unless i take really bad trades [12:30] this trade is risky but slowly the divergence is holding and redeveloping [12:31] if nothing happens soon, i can't just hold this position to see what happens [12:31] I may reshort if it jabs up without going above 40.5 [12:32] it's all on the NQ now for me [12:32] I'll give this trade an hour before I bail from it, unless it moves against me, then I'll look to scratch the trade. [12:33] interesting [12:33] i have a little different approach [12:33] but what's your profit target m618 [12:40] 0,2 Covered all ES Short @ 1039.75 --> - 1  [12:40] 3 pt gain, unless it happens quickly, then I ride it out. [12:41] 4,15[S ES3Z to OPEN] 1@ 1039.25 [12:43] NQ just don't want to reverse yet [12:56] climbing right up the trendlines..... [13:00] awash, do you have a profit target in your trades? [13:02] Zel, I'm back [13:02] sorry [13:02] yeah [13:02] but it changes [13:02] it's never the same [13:02] it always depends on what price is doing [13:02] ok [13:03] but i'm not good at setting good PT [13:03] i always ask [13:03] 3,15[B ES3Z to EXIT] 1@ 1040.5 4-1.25 [13:03] 15,00,1514,1515,142,1414,28,2 buys YM @ 9729 14,22,1415,1414,150,1515,0 [13:04] 0,4 Shorts ES @ 1041  [13:08] lets selloff now :-) [13:08] 15,00,1514,1515,142,1414,28,2 buys YM @ 9719 (add) 14,22,1415,1414,150,1515,0 [13:08] no... :) [13:08] hehe [13:08] good entry, z [13:09] lets see if the exit is good aswell [13:09] 0,4 Shorts ES @ 1039.25  [13:09] a [13:09] I reshorted but didn't post [13:09] what price [13:10] 39.75 [13:10] now there is movement in NQ [13:10] i need a good target [13:10] make up for that loss [13:10] how about 34? :) [13:10] hehe [13:10] that's a lot right now [13:11] yep [13:11] Awash, I say forget about your loss and pick a target that makes sense based on current market action. [13:11] was thinking two points [13:11] oh yeah [13:11] you're right [13:11] support level around 1038.25 [13:11] if we break that [13:11] i'll have a good target ready by then [13:12] 15,00,1514,1515,142,1414,28,2 buys YM @ 9714 (add) 14,22,1415,1414,150,1515,0 [13:14] * NihabaAshi_lunch is now known as NihabaAshi [13:15] 0,4 Shorts ES @ 9715 -> small size  [13:15] YM [13:17] NAZ AD line falling [13:17] TICK fallign [13:18] 1,4 If Time Permits -> 8,2 Please post your stop/loss, profit target or any other trade management info for your posted trades. [13:19] i may have to cover soon [13:19] no longer lke my short [13:19] like [13:20] we need some movement soon [13:20] 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. [13:20] I usually use a 1.5 stop [13:21] 0,2 Covered all ES Short @ 1039 --> + 0.25  [13:21] scratched the trade. [13:22] 0,6 exit stop moved to breakeven ES @ 1041  [13:22] 0,2 Covered all ES Short @ 1038.75 --> + 0.5  [13:22] my target is the low of the day but that does not mean i wont cover before [13:22] same here [13:23] Zel, you're working with a good short [13:24] dont tell me that, your making me greedy :-) [13:24] hod target here [13:24] don't be greedy, take what you can get [13:24] my philosophy is you can always re-enter [13:24] agree awash [13:24] at a better price [13:25] AMT, re-enters 30-40 times per day [13:25] even though you're not using his strategy [13:25] you can always take profit and re-enter without exposing yourself to much risk [13:37] I'm expecting a drop any second now [13:39] 0,4 Shorts ES @ 1038.75 4,0 «« paper »»  [13:42] i think bonds are easier to trade! [13:42] lol yes [13:42] so why are we trading the eminis? [13:42] setup looks bullish, instinct say down [13:43] can anyone tell me? [13:44] because when ES moves it really moves :) [13:44] we dont trade bonds in here because no one is smart enuff to figure out how to add those 32nd thingys [13:44] emini's are more volatile, liquid, and trade 24 hours a day. [13:44] I trade ZB [13:44] ridiculous bid size at 50 [13:45] i have been thinking about trading bonds [13:45] thanks for your answers [13:45] watch ZB, it's very nice [13:46] thanks [13:55] 3,15[B ES3Z to EXIT] 1@ 1037.5 3+2.25 [13:55] nice [13:55] good patience [13:55] thanks [14:04] does anyone know what the Treasury Budget #s came out at? [14:06] there isn't much economic news this week [14:06] http://biz.yahoo.com/c/e.html [14:07] ok, I've got it now $26.4B [14:07] Briefing.com reports it a little faster than Yahoo [14:09] 0,2 Covered all ES Short @ 1038 --> + 3  [14:10] good trade, z [14:10] thanks sam [14:10] nice patience [14:10] maybe not enough, we'll see [14:11] it was taking too long [14:11] * rocciya` still long [14:11] no volume [14:11] agree [14:11] agree [14:12] better 3 points than 2 points [14:12] hehe [14:14] 1043 is the magic number for me, looking to sell short there. [14:22] looks like 39 was the reshort point [14:22] 0,4 Shorts ES @ 1037  [14:23] looks weak [14:23] C, nice of you to jion us shorts [14:26] 0,4 Shorts ES @ 1037 4,0 «« paper »»  [14:31] 0,2 Covered all ES Short @ 1036.50 --> + 0.5 4,0 «« paper »»  [14:31] 0,2 Covered all ES Short @ 1036 --> + 1  [14:31] 0,2 Covered 1/4 ES Short @ 1036.50 --> + 0.75  [14:32] 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. [14:32] should be + 2.75 for 10 ES...now at 90 [14:32] hey Jazz! [14:32] hi all [14:33] hi jazz [14:33] 0,3 Buys ES @ 1036.75  [14:34] 1039.25 to 1036.50 for +2.75 for 10 ES [14:35] 3,15[B ES3Z to OPEN] 1@ 1037 [14:35] audible alerts woke me up...feel asleep on my couch...nice nap after working all night... :-) [14:35] fell asleep that is [14:35] 0,2 Covered 1/2 ES Short @ 1037 --> + 1.75 4,0 «« paper »»  [14:37] good one [14:37] :) [14:37] nice [14:39] Hey Jazz...Hello! [14:39] hello amt [14:40] Hi Jazz [14:40] niha..:) [14:42] 0,2 Covered Remainder ES Short @ 1038 --> + 0.75 4,0 «« paper »»  [14:42] Zelareka/carminet/sam1...nice trades!!! [14:42] 0,4 Shorts ES @ 1038 -> Add  [14:43] for 10 ES...now at 100 [14:44] 4,15[S ES3Z to EXIT] 1@ 1037.25 3+0.25 [14:47] Looks like no more new trades for me today. One trade only, a scratched trade. [14:47] 4,15[S ES3Z to OPEN] 1@ 1037 [14:48] 0,2 Covered 1/4 ES Short @ 1037.25 --> + 0.75  [14:48] for 10 ES...now at 90 [14:48] battle here [14:48] here too! [14:49] Yes...the middle of 1039.25 and 1036 [14:50] In this area since 13:35 [14:52] 0,4 Shorts ES @ 1038 -> medium size  [14:52] yup [14:52] I do think we will break through 1036 soon IMO [14:52] for 10 ES...now at 100 ES [14:53] * FFT_Away is now known as FFT [14:55] 1038.25 has held now for three 5 min candles... [14:56] we need to break 1037.25 to start more downtrend in here [14:57] volume sure dropping off over the last 20 + minutes [14:57] 3,15[B ES3Z to EXIT] 1@ 1038.5 4-1.5 [14:57] we have some buyers! [14:58] we can see if 1039.25 holds here [14:58] 0,2 Exited 1/3 Long ES at 1038.75 --> + 2  [14:58] good patience [14:59] great one [14:59] and still waiting [14:59] thanks [14:59] I definitely misplayed that [15:00] 0,4 Shorts ES @ 1039.25 -> Add  [15:01] for 10 ES...now at 110 [15:03] 0,3 Long ES @ 1039  [15:03] Gonna break 39.5? [15:04] 0,3 Long ES @ 22  [15:05] sorry, testing...... [15:05] big block buys hittin the ask [15:05] means we going up [15:06] imo [15:11] 3,15[B ES3Z to OPEN] 1@ 1039.75 [15:11] Daily chart for the ES sure looks interesting at this point IMO [15:12] How's everyone doing with their trading today? On +, -, or 0 side? [15:13] I'm up for the day, 2.25 points on two trades. [15:13] Only one contract though :) [15:13] Plus side for me. [15:13] me too [15:13] * Looking up Facultus user info... [15:13] 0,2 Exited 1/3 Long ES at 1039.25 --> + 2.5  [15:13] gosh [15:14] I'm really good at being up a couple points then doing a stupid trade on "instinct" only in the afternoon for a 2 point loser. Hopefully I can avoid that today. [15:15] Getting a mild buy signal, but NQ not confirming. [15:15] i'm starting to develop some possible negative divergence [15:16] 4,15[S ES3Z to EXIT] 1@ 1040 3+0.25 [15:16] FFT, afternoons can a b [15:16] ab? [15:17] 10 ES ADD at 1040 [15:17] now at 120... [15:17] Bak to the record [15:17] yeap... [15:18] will sell off ADDs prior to close today [15:18] the ADD's from today... [15:19] * Facultus slaps Facultus around a bit with a large trout [15:23] 0,4 Shorts ES @ 1039.25  [15:24] 3,15[B ES3Z to OPEN] 1@ 1040 [15:26] 0,4 Shorts ES @ 1040.25 -> small size  [15:27] I gotta favor an upsied breakout with TICK in plus territory since 2:30 [15:27] But not enough to place a trade :) [15:27] well I hope not [15:30] There she be. [15:30] NQ just ain't following though. Yet. [15:30] * szubaark is now known as szubaark_WERX [15:30] * rocciya` favors a tick breakout to the upside [15:31] 4,15[S ES3Z to EXIT] 1@ 1040.25 3+0.25 [15:31] i have to remain calm [15:31] Hose favors a hot Reuben sandwich or a BIG Burrito! [15:31] VIX looking for suport @ 17.31 [15:32] Broke thru [15:32] HOD retest coming? [15:32] looks like it [15:33] maybe [15:33] here we go [15:33] 0,2 exit all ES @ 1041.25 --> - 1  [15:35] New HOD on ES [15:36] Stop in trouble [15:36] 0,2 Exited remainder Long ES at 1042 --> + 5.25  [15:37] wtg Jazz [15:37] Nice job Jazz :) [15:37] thanks [15:37] Kinda looking like a spike & ledge, maybe. [15:38] 15,00,1514,1515,145,1414,50,5 sells YM @ 9735 +6, +16, +21 14,55,1415,1414,150,1515,0 [15:39] 0,4 Shorts ES @ 1041.50 -> Add  [15:41] 4,15[S ES3Z to OPEN] 1@ 1041.25 [15:41] see you later guys [15:41] cya great trading [15:41] :) [15:41] later [15:43] 0,2 Covered 1/2 ES Short @ 1041.25 --> + 0.25  [15:43] 0,2 Covered all ES Short @ 1042.25 --> - 3  [15:43] done for today [15:44] 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. [15:46] Me too [15:46] i'm not done [15:46] one more signal coming [15:46] but i need to avoid it [15:46] Me niether :D [15:47] j/k, I'm done trading for the day. [15:47] i'm done [15:47] no more [15:47] lost track of time [15:47] i just gave it all back [15:47] that sucks [15:47] * FFT has certainly been there. [15:47] this market rocks, lol [15:48] see you all tomorrow [15:48] cya z [15:50] 3,15[B ES3Z to EXIT] 1@ 1042.25 4-1 [15:50] Did you give it back too? [15:51] +2 [15:51] oh [15:51] Me? Nope, not today. No trades in the afternoon for me. [15:51] Oh, you meant Sam. [15:51] yeah [15:51] sam [15:51] but most of it yes [15:51] why didn't i just stop [15:51] Pivot @ 43 [15:51] next time I will [15:52] same here [15:55] sell setup here, but it's late in the day [15:55] don't do it [15:55] if you're up take your profits home safely [15:55] * FFT nods [15:58] Geeesh...after that big sell-off on Friday...ES is within 7-8 points of the 1050.00 [15:58] pretty resilient market [15:58] bad news...no problem [15:59] Yep. [16:02] Covered 10 ES at 1042.50 for - 2.50 [16:04] covered 10 ES at 1042.75 for -3.50 pts [16:05] Covered 10 ES at 1042.75 for -4.75 pts [16:06] Covered 10 ES at 1042.75 for - 5.5 pts [16:07] Covered 10 ES at 1042.75 for - 6.5 pts [16:09] SOMEBODY'S gettin' their knickers squeezed! [16:10] Gap-n-Crap tomorrow!!!!!! [16:10] * sam_1 is now known as sam_away [16:10] for a total loss for the day of -5.50 pts for 10 ES (last trade -22.75 total minus previous +17.25 points banked for the day) [16:11] So you'll carry 70 short overnight? [16:11] No progress today... [16:11] yes sir, I will carry 70 overnight [16:13] twice now in the last two weeks I have got wacked at the last one hour of the day... [16:13] not any more!!! [16:14] txn must be out [16:15] I was playing a end of day sell off move that has been countered by HUGE institutional buying coming in at the end today [16:15] It's starting to be a pattern [16:15] the end of the day rally [16:15] last few months been happening [16:15] they are protecting their positions [16:16] In the immortal words of Lou Costello... "Fade that" [16:16] usually they start around 15:00 [16:16] yes [16:17] good night all [16:17] today they had to move in early and protect at the 1036 area (14:30) [16:17] one friend of mind pointed the time 15:07 [16:17] going to exercise [16:17] see you all tomorrow [16:17] cya [16:17] ciya Awash [16:17] Cya tomorrow everybody [16:17] * FFT is now known as FFT_Away [16:18] cya all tomorrow [16:18] there is going to be a selloff close day this week though...just not today...should be big [16:18] by [16:18] bye [16:18] CYU!!! [16:20] Very impressive late afternoon rally. [16:20] nice day [16:20] goodnight everyone [16:40] yes it was niha [16:56] 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. [18:08] 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. [18:26] * FFT_Away is now known as FFT [19:20] 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. [20:08] * Disconnected Session Close: Mon Oct 20 20:08:41 2003