Session Start: Wed Nov 05 06:27:24 2003 Session Ident: #FuturesTrades [06:27] * Now talking in #FuturesTrades [06:27] * Topic is '1,4 #FuturesTrades -> 8,2 Active realtime trade posting room for ES, NQ, SPY, QQQ, YM, DIA and Eurex http://www.thestrategylab.com/FuturesTradesChatRoom.htm' [06:27] * Set by X on Sat Nov 01 23:24:33 [06:27] [NihabaAshi] Password changes, trade post script changes and trader profiles are posted ONLY at free discussion board at http://www.thestrategylab.com/Forums.htm [06:29] 0,3 Long ZN @ 123.00 4,0 «« testing »»  [06:29] 0,2 Exited all ZN Long @ 123.67 --> + 0.67 4,0 «« testing »»  [06:30] 0,4 Shorts ESTX50 @ 123.00 -> small size 4,0 «« testing »»  [06:30] 0,2 Covered all ESTX50 Short @ 123.50 --> - 0.5 4,0 «« testing »»  [06:31] 0,3 Long ES @ 123.00 4,0 «« testing »»  [06:31] 0,2 Exited all ES Long @ 123.50 --> + 0.5 4,0 «« testing »»  [06:35] 0,4 Shorts DIA @ 321.00 -> small size 4,0 «« testing »»  [06:36] 0,2 Covered all DIA Short @ 321.50 --> - 0.5 4,0 «« testing »»  [07:27] 1,4 #FuturesTrades Info -> 8,2 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. LURKING not allowed..strictly enforced. [07:52] * Disconnected Session Close: Wed Nov 05 07:52:10 2003 Session Start: Wed Nov 05 08:47:36 2003 Session Ident: #FuturesTrades [08:47] * Now talking in #FuturesTrades [08:47] * Topic is '1,4 #FuturesTrades -> 8,2 Active realtime trade posting room for ES, NQ, SPY, QQQ, YM, DIA and Eurex http://www.thestrategylab.com/FuturesTradesChatRoom.htm' [08:47] * Set by X on Sat Nov 01 23:24:36 [08:47] [NihabaAshi] Password changes, trade post script changes and trader profiles are posted ONLY at free discussion board at http://www.thestrategylab.com/Forums.htm [08:59] G'morning everybody [09:00] Factory orders & ISM Services @ 10 EST today [09:02] gm [09:03] * Retrieving #FuturesTrades modes... [09:04] how was your birthday party last night, FFT? [09:05] A little too much fun, feeling older this morning - lol [09:06] :) [09:12] With CSCO earnings after the close today, we could get some nice trends. [09:12] yes! [09:13] NQ going to town, about to set a new session high. [09:17] Howdy m618 [09:17] gm [09:20] * TMTrader_away is now known as TMTrader [09:21] GM every1 [09:21] good morning [09:22] GM Jazz! [09:22] Howdy Jazz [09:22] GM Jazz! [09:23] Im stuttering today ;) [09:28] morning all [09:28] Hwdy Awash [09:29] gm Awash [09:29] * TMTrader throws waterballoons at everyone [09:29] I knew I can get you when you're all sleeping :-) [09:29] gm all [09:30] 0,4 Shorts DAX @ 3731.5 -> small size  [09:31] * zel_away is now known as zelareka [09:31] gm all [09:31] Howdy Zel [09:31] 0,2 Covered 1/2 Short DAX at 3730 --> + 1.5  [09:33] 0,4 Shorts ES @ 1049.75 4,0 «« paper »»  [09:33] 0,4 Shorts ES @ 1049.75  [09:33] 0,4 Shorts ES @ 1049.25 4,0 «« paper »»  [09:33] 0,4 Shorts ES @ 1049.00 -> small size  [09:34] for those of your shorting the ES right now, and when you have the time: what's the setup? [09:35] 8,4 Key Economic Reports -> 8,2 10am est Factory Orders and ISM Non-Mfg Index 8,4 <- Expect good Volatility. [09:35] we need some... [09:35] 0,2 Covered remainder Short DAX at 3731 --> + 0.5  [09:36] 1,4 If Time Permits -> 8,2 Please post stop/loss, profit target or any other trade management info for your posted trades. [09:36] 0,2 Covered all ES Short @ 1050.25 --> - 1 4,0 «« paper »»  [09:37] 0,2 exit all ES @ 1050.25 --> - 0.5 4,0 «« paper »»  [09:39] 0,4 Shorts ES @ 1050.25  [09:39] 0,4 Shorts ZN @ 112.2  [09:40] 0,4 Shorts ES @ 1050.50 -> Add  [09:40] 0,4 Shorts DAX @ 3734  [09:41] 0,2 Covered all ES Short @ 1049.75 --> + 0.5  [09:41] 0,4 Shorts ES @ 1049.75 4,0 «« paper »»  [09:42] 4,15[S ES3Z to OPEN] 1@ 1049.75 [09:42] 0,2 Covered 1/2 Short DAX at 3731.5 --> + 2.5  [09:43] Don't forget, news @ 10. Don't hang on to those shorts too long unless you are prepared for the news. [09:44] I see a lot of RED in here :) [09:44] Short city. [09:44] That was part of why I got out, LOL. [09:44] 0,2 Covered remainder Short DAX at 3732 --> + 2  [09:46] Feels like a compressed spring - maybe that means we'll get a nice move post-news. :) [09:47] 0,2 Covered all Short ES at 1050.25 --> - 0.25  [09:47] 3,15[B ES3Z to EXIT] 1@ 1051.25 4-1.5 [09:47] 0,2 Covered all ES Short @ 1051.25 --> - 1.5 4,0 «« paper »»  [09:47] back in that crap zone from yesterday [09:47] for me anyway [09:47] breakout [09:48] Gap closed [09:49] FWIW, tigga is shorting into this uptrend. [09:49] Anybody know where AMT is? [09:51] This looks a little like Monday. [09:51] 1,4 #FuturesTrades Info -> 8,2 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. LURKING not allowed..strictly enforced. [09:51] 0,4 Shorts ES @ 1053.25  [09:51] 0,2 Covered 1/2 Short ZN @ 112.047 --> + 0.153  [09:54] 4,15[S ES3Z to OPEN] 1@ 1053 [09:54] 1053.50 area looks good to short now [09:54] Sam, might be a bull flag in the making here [09:55] ;( [09:56] uh oh [09:57] 3,15[B ES3Z to EXIT] 1@ 1053.5 4-0.5 [09:59] CSCO expectations keeping NQ afloat? [09:59] 3,15[B ES3Z to OPEN] 1@ 1053.5 [09:59] news in 15 seconds or so [10:00] 4,15[S ES3Z to EXIT] 1@ 1053 4-0.5 [10:01] ism 64.7 [10:01] Dunno what was expected [10:01] 0,4 Shorts DAX @ 3753.5 -> small size  [10:01] 4,15[S ES3Z to OPEN] 1@ 1052.75 [10:01] 0,2 Covered Remainder Short ZN @ 111.95 --> + 0.25  [10:02] 3,15[B ES3Z to REDUCE position ] 1@ 1051.75 3+1 [10:02] 0,4 Shorts ES @ 1052  [10:02] 0,2 Covered 1/2 Short DAX at 3743.5 --> + 10  [10:04] profit target undetermined [10:04] Awash...you shorted about 1.50 below what you thought was a good spot for a Short. [10:05] 0,2 Covered 1/3 Short ES at 1051.25 --> + 2  [10:06] 3,15[B ES3Z to EXIT] 1@ 1052 3+0.75 [10:08] 0,4 Shorts ES @ 1052  [10:08] i know [10:08] late entry [10:09] I learned the hard way about late entries, so now I either pass on the trade, or wait for the market to come back. [10:11] looking to exit soon [10:11] if we don't move here [10:11] 0,2 Covered remainder Short DAX at 3751 --> + 2.5  [10:12] Kalle just bringing home the bacon as usual. Nice trading, Kalle. [10:13] ;) thx [10:13] 15,00,1514,1515,145,1414,50,5 shorts YM @ 9824 14,55,1415,1414,150,1515,0 [10:13] 0,4 Shorts ES @ 1051.50 4,0 «« paper »»  [10:14] need more sellers [10:14] hopefully this is the push I need [10:14] 0,6 exit stop set ES @ 1051.75  [10:14] 0,4 Shorts DAX @ 49  [10:14] i'm safe [10:14] 15,00,1514,1515,142,1414,28,2 covers YM @ 9814 +10 (half) 14,22,1415,1414,150,1515,00,0- [10:14] looking to exit [10:14] * traderant slaps Awash around a bit with a large trout [10:15] 0,4 Shorts DAX @ 3750  [10:15] 0,2 Covered 1/2 Short ES at 1050.50 --> + 1.5  [10:15] your never "safe"...manage your trade [10:15] late, sry [10:15] okay [10:15] thx [10:15] 0,2 Covered 1/3 DAX Short @ 45 --> + 4  [10:15] good trades ! [10:15] in line to buy at 1050 [10:15] 0,6 exit stop moved to breakeven ES @ 1052  [10:16] 0,2 Covered 1/2 Short DAX at 3743 --> + 7  [10:16] 0,2 Covered 1/3 DAX Short @ 39 --> + 10  [10:17] 0,2 Covered all ES Short @ 1050 --> + 2  [10:17] gosh [10:17] early entry [10:17] early exit [10:17] 15,00,1514,1515,142,1414,28,2 covers YM @ 9823 +21 (2nd half) 14,22,1415,1414,150,1515,00,0- [10:17] late entry [10:17] early exit [10:17] 0,2 Covered remainder Short DAX at 3738 --> + 12  [10:17] bad start [10:17] oops [10:17] 15,00,1514,1515,142,1414,28,2 covers YM @ 9803 +21 14,22,1415,1414,150,1515,00,0- [10:17] 0,2 Covered 1/4 Short ES at 1048.75 --> + 3.25  [10:18] wheeeeeeeee [10:18] 0,3 covered all Short: 1049.00 --> 0  [10:18] going to 26 on the nq [10:18] 0,2 Covered Remainder DAX Short @ 39 --> + 10  [10:19] perfect trade, dpanic :) [10:19] 0,2 Covered 1/3 Short ES at 1048.25 --> + 5  [10:19] and Jazz ! [10:19] awesome Jazz [10:19] i envy that patience [10:19] 0,2 Covered 1/2 ES Short @ 1048. --> + 3.5 4,0 «« paper »»  [10:19] Nice one Jazz and Splatt (recovery). [10:19] 0,2 Covered 1/2 ES Short @ 1048.50 --> + 3 4,0 «« paper »»  [10:20] this is a support area for me [10:21] thx Kalle, you too. [10:21] glad it came back [10:22] :) [10:22] 0,3 Buys DAX @ 3741  [10:23] 0,2 Exited 1/2 Long DAX at 3744 --> + 3  [10:23] 0,2 Exited remainder Long DAX at 3442 --> - 299  [10:23] 0,2 Exited remainder Long DAX at 3742 --> + 1  [10:26] small long signal trying to form [10:26] will wait confirmation [10:26] 0,4 Shorts DAX @ 44.5  [10:27] 8,4 Traders Journals -> 8,2 Journals are a good method of soliciting helpful feedback...I encourage you to post a journal to help enforce trading concepts and to seek feedback http://pub90.ezboard.com/fthestrategylabfrm87 [10:27] Anyone getting a long signal? [10:27] on the contrary [10:27] 0,2 Covered 1/3 DAX Short @ 40 --> + 4.5  [10:27] 0,2 Covered remainder Short ES at 1047.5 --> + 4.5  [10:27] 0,2 Covered 1/3 DAX Short @ 38 --> + 6.5  [10:27] WTG guy [10:28] thx [10:28] AMT's gonna wake up and love this. :) [10:28] good trades, guy´n panic [10:28] oh shucks [10:29] 0,2 Covered Remainder DAX Short @ 32 --> + 12.5  [10:29] wow, you caught a perfect entry on that trade, dpanic ! [10:29] GREAT [10:29] 0,3 Long ES @ 1045.5  [10:29] $$$$$ [10:29] i have the market well oversold on my indicators [10:29] 10:30 is a popular reverse time, Awash [10:29] FWIW :) [10:29] probably bailed too soon but that still makes the day [10:30] my market breadth indicators will lag a bit [10:31] 0,3 Long ES @ 1045.25 -> small size  [10:31] 9 contracts [10:32] 0,2 Covered Remainder ES Short @ 1045.50 --> + 6 4,0 «« paper »»  [10:32] 0,2 Covered remainder Short ES at 1045.50 --> + 7.75  [10:32] good job ant [10:32] and jazz [10:32] Holy moly Jazz. Nice. [10:32] And TA :) [10:33] 0,3 Buys ES @ 1045.75  [10:33] thanks, great job traderant [10:33] * FFT has a pivot just above here on ES [10:33] i'll wait for second correction [10:33] 0,3 Long ES @ 1045.75 4,0 «« paper »»  [10:33] 0,6 exit stop set ES @ 1044.5  [10:34] you too jazz:) [10:34] thanks [10:35] 0,4 Shorts DAX @ 31.5  [10:35] 0,2 Covered 1/3 DAX Short @ 27 --> + 4.5  [10:36] 0,2 Covered 1/3 DAX Short @ 26.5 --> + 5  [10:36] please go up [10:36] lol [10:37] 0,2 Covered Remainder DAX Short @ 28.5 --> + 3  [10:37] Jazz got a Home Run trade...very nice. [10:37] * Kalle is now known as bruiser_fake [10:37] * bruiser_fake is now known as Kalle [10:38] nice kalle...bruiser fake...lol [10:38] are you a tuff guy [10:38] want to buy here...but looks like we may be flagging again... [10:38] * FFT is now known as neat [10:38] * neat is now known as neato [10:39] 1046.25 is elusive. [10:39] 0,3 Buys ES @ 1046.00 -> small size  [10:39] ES usually corrects slowly after a strong move [10:39] it'll be a slow correction IMO [10:39] * neato is now known as FFT [10:39] amt must have gotten stuck in houston [10:39] if it corrects [10:39] * Kalle is now known as JavaGuest67 [10:40] * JavaGuest67 is now known as Kalle [10:41] 15,00,1514,1515,142,1414,28,2 buys YM @ 9775 14,22,1415,1414,150,1515,0 [10:41] NIHA, based on daily candle stick analysis you would consider the SP500 index candle as of yesterday a dark cloud cover? [10:42] NQ moving up a bit....a good sign [10:43] 0,2 Exited 2/3 ES Long @ 1045.75 --> + 0.5  [10:43] 0,3 Long ES @ 1045.75  [10:43] 0,6 exit stop set ES @ 1045.25  [10:43] TRIN still climbin. [10:43] 0,6 exit stop set ES @ 1040.75  [10:43] 0,6 sell limit to exit ES long @ 1048.75  [10:43] 0,2 Trailing Stop Hit ES @ 1045.25 --> 0  [10:44] :( [10:44] price will slowly pullback after that strong move [10:44] Niha, what prompted you to get out there? [10:44] 1042.25 should offer some support if we get there. [10:44] My profit target was 1046.25 [10:45] It just couldn't get over that hump... [10:45] so it was easy for me too lose patience. [10:45] I've got a pivot just a hair above 46 [10:45] Pv:1053.08, S1:1049.17, S2:1046.08, S3:1039.08 R1:1056.17, R2:1060.08, R3:1067.08 [10:45] I can always try again...hopefully at a better price. [10:46] 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 [10:47] 0,4 Shorts DAX @ 26  [10:47] 0,2 exit all ES @ 1045.25 --> - 0.5  [10:47] I wimp out [10:47] 0,2 Covered 1/3 DAX Short @ 25 --> + 1  [10:47] I just think it's going to test prior low at this point [10:47] 0,2 Covered 1/3 DAX Short @ 23 --> + 3  [10:48] Maybe we'll get lucky and some sort'uv a Bullish Divergence trade setup will appear. [10:48] 15,00,1514,1515,145,1414,50,5 sells YM @ 9770 -5 14,55,1415,1414,150,1515,0 [10:48] 0,4 exited all Long: 1044.75 --> - 1.25  [10:48] 0,2 Exited all ES Long @ 1044.75 --> - 1 4,0 «« paper »»  [10:49] 0,2 Covered Remainder DAX Short @ 19.5 --> + 6.5  [10:49] 0,2 Exited all ES Long @ 1044.50 --> - 1.25 4,0 «« paper »»  [10:49] Vix has decent resistance here @ 17.15 or so. [10:50] 0,3 Long ES @ 1045 4,0 «« paper »»  [10:51] wanted DAX @ 3720 [10:51] 0,3 Long ES @ 1045.25 4,0 «« paper »»  [10:51] short has treated me well today. don't want to betray her :) [10:52] hehe [10:52] wow. starting to sound biased. probably should call it a day. [10:53] 0,4 Shorts ES @ 1044.75 4,0 «« paper »»  [10:53] 0,4 Shorts ES @ 1044.5  [10:55] 0,2 Exited all ES Long @ 1044.25 --> - 1 4,0 «« paper »»  [10:55] 0,2 Covered all ES Short @ 1043.75 --> + 1 4,0 «« paper »»  [10:55] tick -750 [10:56] 0,3 Buys ES @ 1043.50  [10:56] 0,3 Long ES @ 1043.75 -> small size  [10:56] 9 contracts [10:56] Trade via NYSE TICK pattern [10:57] 0,4 Shorts ES @ 1043.75 4,0 «« paper »»  [10:57] 0,3 Buys DAX @ 3711.5  [10:58] I'm not going to hang around as long as I did in the last trade. [10:58] 0,2 Exited 1/4 Long ES at 1044.50 --> + 1  [10:58] 0,4 Shorts ES @ 1044.5 -> Add 4,0 «« paper »»  [10:58] 0,2 Exited 1/2 Long DAX at 3716 --> + 4.5  [10:58] 0,2 Exited 2/3 ES Long @ 1044.50 --> + 0.75  [10:59] 0,6 exit stop moved to breakeven ES @ 1043.50  [10:59] 0,6 exit stop moved to breakeven ES @ 1043.75  [11:02] 0,2 Exited all ES Long @ 1044.25 --> - 0.75 4,0 «« paper »»  [11:03] 1,4 #FuturesTrades Info -> 8,2 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. LURKING not allowed..strictly enforced. [11:03] Profit-target 1046.00 to 1047.75 [11:03] 0,3 Buys ES @ 1044.75 -> small size  [11:04] 0,2 Exited remainder Long DAX at 3722.5 --> + 11  [11:04] 0,3 Long ES @ 1044.50 4,0 «« paper »»  [11:04] 0,2 Covered all ES Short @ 1044.75 --> - 1.25 4,0 «« paper »»  [11:04] i car ..one more time [11:04] 0,3 Long ES @ 1044.75  [11:05] 1 car [11:05] I still have no VIX support on this trade. Thus, it can easily retrace fast and pick off my stop. [11:06] you're up [11:06] what are you looking for in the VIX Niha? [11:06] sell lmt @ 47.5, sell stop @ 43.25 [11:07] Guy...I'm looking for the VIX and its 5eMA to cross below the rising 50eMA line. [11:07] is your VIX chart 1min? [11:07] If it does that...I'll have VIX support on this trade and whould be able to reach my profit target. [11:07] Yes...always 1min chart. [11:08] Regardless to what chart interval I'm trading the ES. [11:08] 0,2 Exited all ES Long @ 1045 --> + 0.25  [11:09] Thanks Niha - I was just adding those ema's to my VIX chart to see what you were talking about [11:09] My gut says to gtf so I got out. [11:10] FFT, this is a tough area for the longs IMO [11:10] i play pullbacks all the time [11:11] but I'm more conservative after 7 points or greater moves [11:11] it moved 10 points from 1054 [11:11] -10 [11:11] tough to get long after that [11:13] I'm starting to get a better long signal, but it's taken so long to develop, I'll probably ignore it when it completes. [11:13] 0,3 Long ES @ 1045  [11:13] wow WBAT, I saw that 20 contract trade go by @ 45 :) [11:14] not me dude [11:14] must be amt [11:14] Hope he's not stuck in some rotten airport - trying to get some sleep. [11:15] probably at houston hobby...haha [11:17] Here we go? [11:18] don't expect much movement [11:18] 0,6 exit stop raised ES @ 1044.00  [11:19] pretty slow wash [11:19] I want to make sure these 3 contracts get paid for if it retraces. [11:19] 0,2 Covered ES Short @ 1044.5 --> 0  [11:19] broker wins [11:21] I don't mind the broker winning...just as long as the broker and I are walking to the bank together... [11:21] the bastards always give me the wrong directions [11:21] if he's nice...I won't mug him when we leave together :) [11:21] :) [11:22] Sometimes the brokers do the mugging. Look at that prop place that just blew up. Worldco I think it was. [11:23] There's yer stop [11:23] :( [11:23] 0,2 Trailing Stop Hit ES @ 1044.00 --> + 0.25  [11:24] It was a good try...I was a little surprise by my own patience. [11:26] Good day so far for me...one miss trade signal today so far... [11:26] Long signal @ 0936am est 1min chart. [11:26] I'm taking a bit of heat on my long at 1045.75 ... it's amazing how a losing trade creates doubts in my mind. [11:27] Walt(h)er over at EliteTrader predicted we'd spend most of the day trading above yesterday's low. :) [11:28] I don't understand why those guys put so much energy into trying to PREDICT what the market will do the following trading day... [11:28] especially when they are daytrading and not doing any overnight position holds. [11:28] I think it's hilarious. [11:28] anything to get their mugs on tv [11:29] 0,2 Exited all ES Long @ 1044.50 --> 0 4,0 «« paper »»  [11:31] TRIN might be breaking down [11:33] * Kalle is now known as Kalle_|_away [11:34] 0,3 Long ES @ 1045  [11:34] Right where I exited, LOL. [11:35] Just got a pop in TICK [11:35] and NAZ AD Ratio [11:35] yep [11:36] i'm still waiting [11:36] my divergence sucks after big moves [11:36] at least my 1M [11:36] I saw my two contract trade go by on T&S, I think. [11:37] at what point did you start with 2 contracts? [11:37] FFT [11:37] A few weeks ago. [11:37] * traderant is now known as traderant-away [11:37] Some times I still trade just one. [11:37] okay [11:37] I started trading 2 contracts last week as well. It's much easier than trading one contract. One is for quick profits, the other is for the home run. [11:37] i'm not thinking about trading two yet [11:37] but I realize it's helpful [11:38] i can exit one and let the other one run [11:38] It makes trading easier when you have two. Before, when I was trading one, I had to decide if I was going to take profits, or stay in the position. [11:38] Now I don't worry about that so much. [11:39] at what point would you recommend it for a new trader? [11:39] two months [11:39] 3 or 4 [11:39] just curious on your input [11:39] not really thinking of trading 2 yet [11:40] i have a lot of emotional issues to resolve first [11:41] I think you should go from one to two once you are confident that you learned how to avoide the "stupid" losing trades. [11:41] The ones that hit your stop right away, the ones you want to avoid. [11:41] 0,6 exit stop moved to breakeven ES @ 1044.75  [11:42] 0,2 Exited all ES Long @ 1045.5 --> 0  [11:43] 0,2 Exited all ES Long @ 1045.5 --> + 0.5  [11:43] Paid the spread both ways on that one :( [11:45] Awash, in other words, swtich to two contracts once you are consistently at breakeven, or making profits. [11:45] Same amount of round trips as yesterday, but profit is about 20% as much :( [11:45] here we go [11:45] alright [11:45] good advice [11:46] i'll give it awhile [11:46] i'm not looking to make money over the next 3-5 weeks [11:46] Market ain't going anywhere :) [11:46] i know that sounds crazy (no money) but it's a long story [11:46] u looking to lose money? [11:46] This might start moving only after lunch hours [11:46] no [11:46] not looking to lose either [11:46] :) [11:47] just looking to enter & exit without my emotions making the decisions [11:47] ic [11:47] i'll have plenty of time later to make money [11:47] 0,2 Exited 1/4 Long ES at 1046 --> + 2.5  [11:47] 0,6 exit stop raised ES @ 1044  [11:49] Guy...VIX is below its 50eMA line...you have good support now for your long position. [11:50] I see that now Niha. Thanks. [11:50] I've never watched it before so I'll keep a casual eye on it. [11:51] Awash, do you have a detailed trading plan written out, with your entry and exit rules? If so, just follow them to the "tee". [11:51] i do [11:51] and I'm sticking hard to them [11:52] 15,00,1514,1515,145,1414,50,5 shorts YM @ 9777 14,55,1415,1414,150,1515,0 [11:54] * NihabaAshi is now known as NihabaAshi_lunch [11:55] 0,4 exited all Long: 1045.75 --> + 1  [11:56] how long have you been trading live, awash? [11:57] ie real money [11:57] 3 days [11:57] sorry [11:57] 4 days [11:57] how long before that on paper? [11:57] six months [11:58] i believe in starting slow [11:58] i don't have any formal training [11:58] ok - i traded live for nearly 18 months. Been on the sim since June [11:58] i think it's best to start simulating [11:58] and then live [11:58] what happened is i learnt to trade real money in a dsciplined way [11:59] 15,00,1514,1515,142,1414,28,2 covers YM @ 9777 +0 14,22,1415,1414,150,1515,00,0- [11:59] but i kept giving back the profit [11:59] didn't win, didn't lose [11:59] at least now with the simulator you'll be able to fine tune your system [12:00] i feel comfortable with my system after six months [12:00] no. I decided to revamp my entire system [12:00] keep testing it [12:00] complete re-look at everything i was doing [12:00] i dream trades each night with my system in mind [12:00] Niha has helped me a great deal with this [12:01] so when the signal appears I'll know what it looks like [12:01] lol - I frequently see my T&S in my dreams [12:01] great! I'm not the only one [12:01] you guys need help :) [12:02] VIX at support @ 17.13 [12:02] i'm putting a new system approach together, gradually [12:02] so sometimes i'll be here in the chatroom.. [12:03] other days i'll be working on my ideas and testing with occ trades [12:03] 15,00,1514,1515,145,1414,50,5 shorts YM @ 9777 14,55,1415,1414,150,1515,0 [12:03] good luck [12:03] *1.95 [12:03] right now i look for ES/NQ divergences.. [12:03] sorry [12:04] Les, PM me [12:04] and ES?TICK divergences [12:04] Man, I think we're gonna breakout, but my indies are keeping me out of the market. [12:10] 15,00,1514,1515,142,1414,28,2 covers YM @ 9770 +7 14,22,1415,1414,150,1515,00,0- [12:10] half [12:12] 15,00,1514,1515,142,1414,28,2 covers YM @ 9766 +11 (2nd half) 14,22,1415,1414,150,1515,00,0- [12:15] * rocciya` is now known as rocciya_away [12:15] 1,4 #FuturesTrades Info -> 8,2 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. LURKING not allowed..strictly enforced. [12:17] G'morning AMT :) [12:19] just get here when you can amt [12:19] Good Afternoon All! [12:19] holding 80 ES... [12:19] what caused the drop today? [12:19] I just arrived from my flight home [12:19] jazz did [12:20] Cool...check is in the mail! [12:20] just messing with you dude [12:20] to Jazz! [12:20] I feel asleep yesterday while trading... [12:21] covered 10 ES at 1051.75 to 1050.25 for +1.5 pts...Held overnight 1052.75 [12:22] sitting on 80 ES... I missed a big move today :( [12:24] Any specific reason for the drop today??? [12:25] construction spending [12:25] sorry...factory orders [12:25] OK...have not yet checked all the news...thanx! [12:25] makes sense now! [12:25] hey what pilot rating do you have? [12:25] Makes dollars actually (seeing as how you're short 80) :D [12:26] SEL/MEL Instrument [12:27] but you can fly jets? [12:27] I have a rotorywing PVT/IST [12:27] no commercial ratings [12:27] i only have a ppl [12:27] I am not rated in any jets [12:28] I have about 200 hours of real 757 747-400 A320 MD80 Sim time from my days at Northwest Airlines [12:29] nice [12:29] thats some expensive stuff [12:29] I have flown some jets before though....T-38 Citation French Trainer (Fouga?) [12:29] i have some t-38 sim time from randolph AFB [12:30] My T-38 flight was at Laughlin AFB Texas 1.5 hours when I was 17 [12:30] t-38 are sweet...old...but sweet [12:31] not very forgiving however [12:31] That was an awesome ride...I was in the Civil Air Patrol at the time [12:31] yeah, i love those planes [12:32] Covered 10 ES at 1046.75 [12:33] for + 6 pts...now at 70 ES [12:34] Wow, does NQ move fast. I did a scalp for a point and barely could get my exit trade entered in time, LOL. [12:35] DARN...I wished I was home at 10:55 [12:35] Wife just screamed and scared the crap out of me... [12:35] Some folks made some sweet points on that one in this room today :) [12:35] * FFT wasn't one of them though :( [12:35] I can imagine :) [12:35] How about Awash? [12:36] I don't remember :( [12:36] hey [12:36] wife saw a bug and and about broke the windows with her scream [12:36] i was away [12:37] did you ask how i did? [12:37] did you catch any of the drop? [12:37] oh yeah [12:37] got 2 points [12:37] GREAT!!! [12:37] base hits and when one rides...hang on! [12:37] 0,2 Exited 1/4 Long ES at 1047.25 --> + 3.75  [12:37] good one guy [12:38] nice guy [12:38] good one! [12:38] 0,6 exit stop raised ES @ 1044.50  [12:38] thx [12:38] 0,4 Shorts ES @ 1047 -> medium size  [12:38] for 10 ES...now at 80 [12:40] Today a person should have grabbed about 4 pts minimum on that move after reviewing it IMO [12:40] From 10:10 on... [12:41] I missed that trade...my limit order never got filled. [12:41] 0,3 Long ES @ 1046.75  [12:41] those come about twice to three times a month IMO, moves like that [12:41] 0,2 Exited remainder Long ES at 1046.75 --> + 3.25  [12:41] I bought from guy :) [12:41] good one! [12:42] :) [12:42] thanks [12:44] GREAT ENTRY!!! GUTSY CATCH! [12:45] in at the 10:55 candle??? (on the 5 min) [12:45] yes but used $tick [12:45] Also, what did you see to go LONG at that time [12:46] Niha> I posted a chart on the #eminiblog page. May i post the link here? [12:46] Bid TICK swing at the time? [12:46] big TICK swing? [12:46] he might be away for a while... [12:47] hi amt [12:47] guy...i will go to the site and find your chart...thanx! [12:47] Hello! [12:48] nice position you're holding there [12:48] well, it is related to a real trade, so why should you not post the link for further explanation ? [12:49] I figure I left about $10,000 on the table by getting stuck at work today after reviewing the first few hours today [12:50] I was working on 4 aircraft all last night...wild night [12:50] we had a great short setup [12:50] sorry amt just saw your answer. what are the rules here? do i need to get clearance from Niha before posting that link? [12:50] yes...I would have had about 30 to 40 sitting for that one [12:50] which airplans? [12:50] amt, what aircraft ? [12:50] ADD's as the open first moved north [12:51] 737-700 [12:51] sw only has 737s [12:51] nice [12:51] Southwest...yes...-200's -300's -700's [12:51] you are a pilot ? [12:51] * Les is now known as LesAway [12:52] yes...but not for SWA [12:52] 4,15[S ES3Z to OPEN] 1@ 1046.5 [12:52] 4,15[S ES3Z to INCREASE position ] 1@ 1046.5 [12:52] LOL ! it seems as if many pilots are great traders [12:52] I am a Aircraft Maintenance Supervisor for III shift in HOUston [12:52] benbi, Jazz, amt .... [12:53] I flew AH-1S "Cobra's" in the Army [12:53] im a pilot too [12:53] welcome [12:53] hey, let´s write a book on that topic ;) [12:53] so I am a rotorhead at heart! :-) [12:54] you're in the right place [12:54] "Takeoff To Profits!" [12:54] what do you fly wanna... [12:54] i´ve always been interested in flying...especially in helicopters...maybe i´ll make my license one day [12:55] It is a wonderful skill!!! You would love it!!! [12:55] i fly bug-smashers [12:55] no doubt ! [12:55] piper warrior, and piper arrow [12:56] I have about 40 hours in the "Arrow"...I liked it [12:56] its a fun plane [12:56] good for cross-country [12:56] next time i get to texas, i will stop in austin [12:56] beers are on me... [12:57] good for complex training [12:57] No way!!! [12:57] On ME!!! LOL :-) [12:57] gotch ya on that one! [12:57] lol [12:57] beer ? did i hear BEER ? [12:57] beer and flying... [12:58] don´t drink and walk ;) [12:58] what a mix...like beer and trading [12:58] you are right about traderant! [12:59] Oh...Hi Traderant [12:59] lol [12:59] lol [12:59] Now that was a good one! [12:59] * traderant-away slaps amt4swa around a bit with a large trout [12:59] * traderant-away is now known as traderant [12:59] traderant...just messing with you as you logged on :) [13:00] i know [13:00] Darn...you are way to smart! [13:00] excellent trading today, traderant [13:00] what did he do? [13:00] yes, great trading traderant and jazz [13:00] he did good [13:00] GREAT!!! [13:00] thanx, just got back from best buy, setting up the 6th and FINAL monitor [13:01] lol [13:01] you want mine too? [13:01] COOL! Samsung? [13:01] how many eyes do you have ? [13:01] no, some cheap mag monitor [13:01] traderant now has a "six pack" to go! [13:02] they are not that bad actually [13:02] My uncle helped start Best Buy in Minneapolis [13:02] 0,2 Exited all Long ES @ 1047 --> + 2  [13:03] GOOD ONE! [13:03] ty [13:03] What as coincidence... my wife keeps Best Buy going in Denver! [13:03] lol [13:04] well, i had the slots for 6 so why not [13:04] He was the only person to extend credit for electronics for Dick Schultz at the very beginning [13:04] My uncle had a wholesale electronics business at the time in Minneapolis [13:05] Al Keenan...head of Commercial Sales now [13:05] so you can get us deals, right? [13:05] My uncle has a one mile line already! :) [13:06] the favorite nephew can cut the line though! [13:06] at times ;) [13:07] HoseB...I'm sure your wife nows my uncle [13:07] knows my uncle [13:07] If he's in the credit dept., I'm sure she knows him! [13:07] 0,4 Shorts ES @ 1046.50  [13:08] He is the head of Commercial Sales Division [13:08] HoseB...small world [13:08] what was your signal on that jazz? [13:09] divergence on 3min, fisher [13:10] i have to learn what a fisher is someday [13:10] thanks [13:10] good read, Jazz [13:10] agreed kalle [13:11] Anything like a "trout"-er... that'd Traderant's dept [13:13] amt: with your trading, you need nothing to add, just keep doing what you do [13:13] I just received a $50 gift certificate to tradingmarkets.com via e-mail. It's good for books and other stuff they have on their site. Anyone want it? [13:13] OK...thanx...I love to learn new concepts though [13:14] its a good indicator, can give a signal when other fails [13:14] I have learned a lot from watching all of you! Great trading all the time! [13:15] i agree amt. there are some great traders here. i have +++ respect for jazz and the rest of you [13:16] Jazz and Kalle are the KINGS! [13:16] they certainly are [13:16] Kalle has a second name also... [13:16] thanks you guy [13:17] you are no slouch chrus [13:18] chris [13:18] "Deutsche Bank" is Kalle's second name [13:18] Since i now have an extra monitor, lets take a poll.....what would be the one trading chart that anyone in here would like to have showing at all times for their trading? decisions [13:19] smart a## answers will be heavily trouted...amt [13:19] lol [13:19] Cought me in action [13:19] caught me that is [13:19] We was all just load'n up! [13:20] lol [13:20] Sam...you are older than 10 right? [13:20] i would like to have a 15 min chart of the ES about 2 hours into the future [13:21] or are you one of those wonder kids trading for his parents [13:21] * traderant slaps WannaBeATrader around a bit with a large trout [13:22] x [13:23] traderant....ES 5/15/Daily DOW Nasdaq SPX TICK VIX [13:23] thats it for me...nice and simple [13:24] you get all that on one chart [13:24] maybe gold and the dollar also [13:24] ant: are you using esignal? [13:25] 0,2 Exited all ES Long @ 1046 --> - 0.75  [13:25] QCharts...I will add Esignal at the end of this month most likely and run both...I'm over my falling out with Esignal [13:26] yes guy [13:26] :) i shortened traderant to ant... [13:26] but thanks amt [13:26] FYI... I just copied the custom formula for Fisher Transform from the Equis site into my MetaStock... [13:26] traderant....FVE INDICATOR (volitility adjusted) [13:26] Unfortunately, it causes my CPU to run maxed out and slows everything down [13:27] on esignal i have 1 chart with a million shortcuts across the top to allow me to flip quickly between different symbols and time frames [13:27] FVE? (i know this is a setup for a joke) [13:27] 1,4 #FuturesTrades Info -> 8,2 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. LURKING not allowed..strictly enforced. [13:27] No....Finite Volume Element...great indicator [13:28] Money flow/volume pressure indicator [13:28] yes guy, and amt i dont think esignal has that one [13:28] great backdrop information from what I have seen of it...Esignal has it [13:28] 3,15[B ES3Z to REDUCE position ] 1@ 1046 3+0.5 [13:29] Whamo set it up on his Esignal [13:29] he recently got married [13:29] i'll check it when i get my desktop the way it supposed to be [13:29] i've just tried FVE and see that i'm not entitled to it on any timeframe under 1 day [13:30] make sure you get from Esignal the volitility adjusted new FVE [13:30] should have 5 15 30 60 Daily [13:30] over the last few months it's ranged from about 1.25 to 3.75. Is this right? [13:30] for daily yes [13:31] sounds right [13:31] so what is the general theory with this one? [13:31] here's the drop [13:32] that was a good call jazz [13:32] FVE will cross above 0 (zero) at a 45 degree angle or better with minimal price change....and then WOW...huge price pop [13:33] volume pressure built up and then shot price up...great for big breakouts [13:33] we need TICK to breakdown in here [13:33] price not falling yet, looking something bigger [13:33] for any good drop that is [13:34] thanks amt [13:34] 3,15[B ES3Z to EXIT] 1@ 1046.25 3+0.25 [13:34] FVE works for SHORTS also [13:35] i have to reboot...brb [13:35] the key is 45 degree or higher angle shooting through the zero line [13:38] * NihabaAshi_lunch is now known as NihabaAshi [13:39] so where do i get this FVE indicator , from the site or is it built in [13:39] 0,4 Shorts ES @ 1046 4,0 «« paper »»  [13:39] 1 car [13:39] you have Esignal right [13:39] yes [13:40] call their support number and then they will help you set it up from what I have been told [13:40] was an article on fve in stocks and commodities a few months ago. think some example of setup on various platforms here: [13:40] http://www.traders.com/Documentation/FEEDbk_docs/Archive/042003/TradersTips/TradersTips.html [13:40] YES! [13:41] thanks for the link [13:41] ok amt..i'll do that [13:42] nice link panic [13:42] does anyone here run NeoTicker ? [13:42] real good for a review of the big picture of the daily volume play [13:43] not me [13:43] this is the original article http://www.traders.com/Documentation/FEEDbk_docs/Archive/042003/Abstracts_new/Katsanos/katsanos.html [13:44] 4,15[S ES3Z to OPEN] 1@ 1045.5 [13:44] part of it anyway. guess you gotta buy the mag to get the rest. [13:45] * amt4swa is away for a few minutes... [13:46] kalle, I run neoticker [13:48] oh, how do you like it ? [13:48] is it comparable to TradeStation ? [13:49] or better ? [13:50] 0,2 Covered 1/3 Short ES at 1045.50 --> + 1  [13:51] patience pays on this trade here [13:51] 0,2 Covered all ES Short @ 1045 --> + 8.75  [13:51] thats not right! [13:52] should be + 2 pts (1047 to 1045) for 10 ES [13:52] now at 70 [13:52] don't know about tradestation. I like it ok. very powerfull programming abilities if you want that. [13:52] thats not bad either [13:53] 0,4 Shorts ES @ 1045 -> medium size  [13:53] back in...might get more drop here [13:53] you can bet on a drop here amt [13:54] or a rise, but this is the spot [13:54] I was trying to snag 1045.50...no such luck [13:54] can do indicators on top of indicators. all sorts of stuff. not a simple chart platform to use is only drawback but will do just about anything. [13:54] thanks, dpanic..maybe I test it [13:54] they'll give you a one month trial. [13:55] support here from 12:10 am [13:55] yes, i know. but i´m having problems to run TS and Neo at the same time [13:55] the thing about TS is that you also have to use them as broker [13:55] Not me :) [13:55] traderant ? no [13:55] * rocciya_away is now known as rocciya [13:55] they must have changed it then [13:56] 1044.50 come on girl [13:56] Been using tradestation for over two years now. [13:57] pop or drop here [13:57] Since before they were a brokerage. [13:57] yes [13:57] 3,15[B ES3Z to EXIT] 1@ 1045 3+0.5 [13:57] POD time [13:58] " we are we are, youth of the nation....we are we are..." [13:58] Oh sorry... [13:58] We are redundant, apparently :) [13:58] :) [13:59] listening to rock n rol while trading again amt? [13:59] just in my head after I typed POD [13:59] hmmm...YM made new lows and es/nq not really close... [14:00] could get pulled down soon [14:00] thx again for the FVE link. the TS code works [14:00] the sleeper indicator! [14:00] I need to reread the article and figure out how to better use it. still using obv [14:01] not to many people use it...I like that! [14:01] im with you there amt [14:01] FVE uses ALL VOLUME day and night [14:01] for the computation of the value [14:02] WBT - ;) [14:03] I'm not very good at interpreting raw volume. Do you use fve and current volume? [14:04] does anyone have the FVE in a nice little efs that they would share? [14:04] just current VOL...waiting for Qcharts to set up FVE...I have seen it in action though and I loved it...this is also why I am going to set up Esignal also...in case QCharts never gets the FVE set up [14:05] sorry guys..was away...what is FVE? [14:05] shorts need to brk 44.50 [14:05] * amt4swa is away for a few minutes [14:05] 0,2 Covered 1/3 Short ES at 1045.25 --> + 1.25  [14:05] I've been watching volume for 2 years and still don't get much from it. generally use obv [14:06] guess I'm just dense :) [14:06] fve finite volume element indicator [14:06] * sam10 is now known as sam__1 [14:07] thx...never heard of that one [14:08] 0,4 Shorts ES @ 1045.75 -> Add  [14:08] for 10 ES...now at 90 [14:08] roc.. article here http://www.traders.com/Documentation/FEEDbk_docs/Archive/042003/Abstracts_new/Katsanos/katsanos.html [14:08] dpanic....thx :) [14:09] trin improving big time... [14:10] Yeah, the shorts sure where taking the ask to cover. [14:13] * rocciya thinks we run into csco earnings [14:13] imo of course [14:13] 0,3 Long ES @ 1045.75  [14:13] bbl, stop at breakeven [14:14] 3,15[B ES3Z to OPEN] 1@ 1046 [14:14] amt how does volume look on this little move? [14:17] 4,15[S ES3Z to EXIT] 1@ 1046.25 3+0.25 [14:17] anyone with a short signal developing [14:17] yes [14:18] what price? [14:18] right around this area [14:18] same [14:18] but it's not divergence [14:18] 3m es doji [14:18] it's based on past price movement [14:18] i see the doji [14:19] one is forming with NQ [14:19] ym also [14:19] lol [14:20] i'm waiting for divergence [14:20] I'll give it a few minutes [14:20] NQ will need to lead this downturn [14:20] es 3min might form a 123 reversal [14:21] no it didn't - on my chart that 3min just finished without the 123 reversal [14:21] I'm looking to cover my long and go short at 1048.75 [14:21] will it make it to 1048.75? [14:22] 0,6 sell limit to exit ES long @ 1048.75  [14:22] it hasn't pullbacked that far yet [14:22] don't know if it will or won't, but that's what I'm planning to do if it gets to that level. [14:22] 15,00,1514,1515,145,1414,50,5 shorts YM @ 9766 14,55,1415,1414,150,1515,0 [14:23] I didn't see your entry, m618; where did you buy? [14:23] still waiting divergence confirmation [14:23] yeah..i may be early [14:23] i guess, better early than late [14:23] dont like shorting this close to lows...but es/nq not close to lows... [14:24] 1045.75 around 10:40 AM EST [14:24] 0,3 Long DAX @ 46.25  [14:24] oh ok [14:24] 0,3 Long ES @ 46.25  [14:24] 0,2 Exited Remainder DAX Long @ 46.25 --> 0  [14:24] that was quick [14:25] forgot to change out of dax [14:25] looking to short soon!! [14:25] 15,00,1514,1515,142,1414,28,2 covers YM @ 9765 +1 14,22,1415,1414,150,1515,00,0- [14:25] ad line looking toppy [14:25] 0,4 Shorts ES @ 1046.75 -> Add  [14:25] 0,4 Shorts ES @ 1046.5  [14:25] arrgggh [14:25] for 10 ES...now at 100 [14:26] 4,15[S ES3Z to OPEN] 1@ 1046 [14:26] 0,2 Exited all ES Long @ 1046 --> + 0.25  [14:26] good exit FFT [14:26] Thanks Awash [14:26] I wanted 47.5 :( [14:27] we touched 47.50 once on the pullback [14:27] that was a lot to ask for IMO [14:28] It would seem. Probably shoulda bailed when ES failed to follow NQ on that breakout [14:28] 0,2 Exited Remainder ES Long @ 45.75 --> - 0.5  [14:28] good shorts chaps [14:28] ok you shorts win [14:28] i missed my short [14:28] no signal [14:28] still waiting divergence confirmation [14:28] 0,2 Covered ES Short @ 1045.75 --> + 0.75  [14:28] i had it...but they shook me... [14:28] :( [14:29] * LesAway is now known as les [14:29] gotta brk this 1x1 on the 3m [14:30] 0,2 Covered 1/3 ES Short @ 1045.75 --> + 1  [14:30] for 10 ES...now at 90 [14:31] bbl, buy stop @ 46.5, buy lmt @ 43 [14:32] * Kalle_|_away is now known as Kalle [14:32] trin not buying this down move [14:32] me either [14:35] 0,2 Covered remainder Short ES at 1046.50 --> 0  [14:36] 0,4 Shorts ES @ 1047 -> Add  [14:36] * les is now known as LesBackSoon [14:37] 0,3 Long ES @ 1047  [14:38] 4,15[S ES3Z to INCREASE position ] 1@ 1046.75 [14:38] NAZ AD ratio climbing [14:39] Pre-CSCO run up?? [14:39] 1,4 #FuturesTrades Info -> 8,2 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. LURKING not allowed..strictly enforced. [14:40] 0,4 Shorts ES @ 1047  [14:41] 0,6 exit stop set ES @ 1048  [14:41] there will be more buy stops above 1048.50 [14:41] that can push the market higher [14:41] 0,2 Covered all ES Short @ 1046.5 --> - 0.5 4,0 «« paper »»  [14:42] sure is choppy [14:43] 3,15[B ES3Z to EXIT] 1@ 1047.75 4-1.375 [14:43] trin falling again [14:44] what's TRIN doing [14:44] NAZ AD ratio slowly climbing [14:44] will wait to short this are [14:44] area [14:44] since just before 2 trin has gone from 1.57 to 1.03 [14:44] TRIN = 1.02 [14:44] 0,2 Covered all Short ES at 1047.50 --> - 0.5  [14:46] what's TRIN doing [14:46] i hate getting conflicting signals [14:46] since just before 2 trin has gone from 1.57 to 1.03 [14:47] improving a lot in the past hour [14:47] es/nq showing it [14:47] not so much ym [14:47] 0,3 Buys ES @ 1047.50  [14:48] 0,2 Exited all Long ES at 1047.75 --> + 0.25  [14:48] looking to short soon [14:49] 0,4 Shorts ES @ 1048 -> Add  [14:49] for 10 ES...now at 110 [14:49] i hope i don't get faked out [14:50] trin telling the story imo [14:52] haha...storytime with trin... [14:52] 0,4 Shorts ES @ 1048 4,0 «« paper »»  [14:52] in line to sell at 1048 [14:52] short [14:52] long line [14:53] 0,4 Shorts ES @ 1047.75  [14:53] 0,6 exit stop set ES @ 1049.75  [14:53] tight stop of 48.75 [14:54] bonds closing in 6 minutes [14:54] thx for the heads up on the bonds [14:54] 0,4 Shorts ES @ 1048  [14:55] Awash is in for the real $$$ [14:55] not really [14:55] just going on signals [14:55] All Right! :) [14:55] 0,3 Buys ES @ 1048  [14:55] maybe wrong but just want to enter [14:56] this entire area has been faking me out [14:56] 1048.50 has some resistance right here...so far [14:56] no shorts for me unless this trin backs off some [14:56] i have that [14:56] csco improving [14:57] NQ will be the leader on this one [14:57] we need a TICK drop [14:57] come on NQ [14:58] bust or boom time here soon IMO [14:58] someone is increasing the bid size at 1047.50 [14:59] this or next candle on the 5 min [14:59] 15,00,1514,1515,142,1414,28,2 buys YM @ 9772 14,22,1415,1414,150,1515,0 [15:00] see if this bid size holds [15:00] Only one hour left in the trading day, I'm not going to reverse my position if it reaches my 3 pt gain limit [15:00] moving my stop to B/E [15:01] 0,6 exit stop raised ES @ 1045.75  [15:01] * LesBackSoon is now known as Les [15:01] Still looking to cover one unit at 1048.75 [15:01] 0,4 Shorts ES @ 1047.50  [15:02] we some volume on this one [15:02] csco new highs [15:02] we need [15:02] have you seen the flashers on the bid side? [15:02] awful thin wash [15:02] 0,4 Shorts ES @ 1047.75  [15:02] thats me at 2k :) [15:02] lets go [15:03] we need to bust 1047 [15:03] be patient with low volume...takes some time [15:04] trying [15:04] tough [15:04] can't even break 5000 ES so far on the 5 min volume bars [15:04] bid size though [15:05] volume is building though [15:05] short at 47 [15:05] * Kalle is now known as Kalle_|_away [15:05] 0,2 Covered 1/4 ES Short @ 1047 --> + 1  [15:05] for 10 ES...now at 100 [15:06] will exit soon [15:06] at least get 1047 [15:06] i just need some patience [15:06] goob job guys...should have known better when everyone was against me :) [15:07] 0,2 Exited all Long ES @ 1047.25 --> + 0.25  [15:07] remember price is not static...let it dance...just keep watching the big picture [15:07] market bredth and you chart [15:08] 1046.75 your target? [15:08] in line to exit at 1047.25 [15:08] 0,2 Covered all ES Short @ 1047.25 --> + 0.5  [15:08] too nervous [15:09] 1047 would have been a good target or 1046.75 even better...base hits .75 to 1.0 [15:09] this area is tough for me [15:10] 0,2 Covered all ES Short @ 1047.75 --> + 0.25 4,0 «« paper »»  [15:10] six .50's is a 3 pt day! Not that bad IMO [15:10] thanks [15:10] No Prob [15:10] i may reenter if necessarty [15:10] ..necessary [15:10] 1047.75 or above would be best here IMO [15:11] remember...be stingy on entry! [15:11] NQ doesn't want to turn around [15:11] do not just give in and chase the price [15:11] looking to play the last 45 minutes of the market [15:11] we'll get some movement [15:12] we should [15:12] 15:10 was a buy area for many days...not so far today! [15:13] always look for hints [15:13] k [15:13] roc, what's TRIN doing? [15:13] 1.06 [15:13] 1.06...was moving back up now falling again [15:13] 1.08 [15:14] watch that VIX also [15:14] VIX is difficult to gauge for me this late in the session [15:14] can't get anything from it [15:15] It should start falling around now [15:15] this is a flat area here so far...tight range [15:15] I think we will get some additional pullback to end the day [15:15] just my HO [15:16] IMHO [15:16] YM leading the way [15:16] yep [15:16] 1046.75 bust needed here [15:17] 15,00,1514,1515,145,1414,50,5 sells YM @ 9760 -12 14,55,1415,1414,150,1515,0 [15:17] yup [15:17] lets smash this pumpkin! [15:17] LOL [15:18] Or...lets cook this turkey! [15:18] trin popping up now [15:18] volume is blah here [15:18] very blah [15:18] blah blah blah [15:19] blah ha ya! [15:19] ha a ya! [15:19] boston speak [15:19] sounds like karate moves [15:19] who has some 5000 extra contrats to dump? [15:20] I wish I did :) [15:20] no need to over analyse, work on patience [15:20] all at once [15:20] AWASH...what pays? [15:20] this market couldnt take 5000 right now [15:20] jazz...so true [15:21] we would get a 7 pointer for that [15:22] there is more volume at an old folks bingo hall! [15:23] this is showing me a lot of BUY weakness going into Thursday! [15:23] :-) [15:23] probably will hit after hours, when cisco reports [15:23] 15,00,1514,1515,142,1414,28,2 buys YM @ 9761 14,22,1415,1414,150,1515,0 [15:24] we're approaching 15:30 [15:24] 0,3 Long ES @ 1047.50 -> small size  [15:24] 3 contracts only [15:25] you're killing my short play [15:25] 0,6 exit stop set ES @ 1045.50  [15:25] just kidding [15:26] we have not even been able to hit the open price yet today since the drop [15:26] * NihabaAshi is now known as NihabaAshi_away [15:28] niha goes long, and then leaves [15:28] how confident is that? [15:30] 0,2 Covered all ES Short @ 1047.5 --> + 0.5  [15:31] here we go [15:31] 0,2 exit all ES @ 1048.75 --> - 1  [15:31] 0,2 Exited 1/2 ES Long @ 1048.75 --> + 3  [15:31] 0,2 Covered Short ES @ 1048.50 --> - 1  [15:31] 0,3 Reverse and Enter Long ES @ 1048.50  [15:31] sold 1 contract [15:31] holding onto one, let's see how far it goes. [15:31] 0,4 Shorts ES @ 1049.50 -> Add  [15:31] go m618 [15:31] 0,2 Exited 1/2 Long ES at 1049.75 --> + 1.75  [15:31] for 10 ES [15:32] 15,00,1514,1515,145,1414,50,5 sells YM @ 9781 +20 (half) 14,55,1415,1414,150,1515,0 [15:32] nice guy [15:32] 0,6 exit stop moved to breakeven ES @ 1048  [15:32] * Kalle_|_away is now known as Kalle [15:33] thanks [15:33] did we get bin laden or saddam again? [15:33] wow!! [15:33] 0,2 Exited 2/3 Long ES at 1050.50 --> + 2  [15:33] 0,2 Exited 1/4 Long ES at 1050.75 --> + 2.75  [15:34] 15,00,1514,1515,145,1414,50,5 sells YM @ 9788 +27 (2nd half) 14,55,1415,1414,150,1515,0 [15:34] 0,6 exit stop raised ES @ 1050  [15:35] 0,4 Shorts ES @ 1050.75 -> Add  [15:35] for 10 ES [15:35] i knew they were going to pop it...just shook me on the first one [15:35] 0,2 Exited remainder Long ES at 1050 --> + 2  [15:36] good one! [15:36] 0,2 Exited remainder Long ES at 1050.50 --> + 2.5  [15:36] second one correct [15:37] * NihabaAshi_away is now known as NihabaAshi [15:38] what confidence Niha [15:38] Sorry about the away message...I needed total concentration :) [15:38] 0,2 Exited 2/3 ES Long @ 1051.00 --> + 3.5  [15:39] 0,6 exit stop set ES @ 1049.00  [15:39] excellent Niha [15:39] :) [15:39] very nice niha.. you nailed this one, good read [15:40] remeber what we talked about early this morning niha? [15:40] Yes...thanks Wanna...I made sure I didn't forget... [15:40] Main reason why I've been going Long all day :) [15:40] After the big drop. [15:42] cool! [15:42] glad it worked out! [15:42] VIX stabilizing a little...this is when I usely get impatient. [15:44] trin told the story from 2 pm imo [15:44] 0,4 Shorts ES @ 1050.75 -> small size  [15:48] looks like bull flags [15:48] breaking up [15:49] 0,3 Long ES @ 1051.25  [15:49] bit late with that [15:50] 0,2 Exited Remainder ES Long @ 1052.00 --> + 4.5  [15:50] 0,2 Exited ES Long @ 1052.25 --> + 1  [15:50] 0,2 Covered all Short ES at 1052 --> - 1.25  [15:51] that was a stop [15:51] nice [15:51] 1,4 #FuturesTrades Info -> 8,2 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. LURKING not allowed..strictly enforced. [15:51] wow, Niha ! [15:51] nice [15:51] zelareka asked what niha and i discussed earlier... [15:51] 0,4 Shorts ES @ 1052.50 -> Add  [15:51] for 10 ES [15:52] i'm getting a sell signal [15:52] but i'll avoid it this late in the session [15:52] it was this...about 10:30am est i made the comment that i wouldnt be surprised if we retraced that vicious down move, and close unch to slightly up [15:52] 0,2 Exited remainder Long ES at 1051.75 --> + 3.25  [15:53] GREAT ONES ALL!!! [15:53] reasoning, is that the daily trend is still up.. [15:53] 0,4 Shorts ES @ 1052.25  [15:53] and csco is reporting after the close [15:53] always keep the big picture in mind [15:53] like amt said earlier [15:54] 0,2 Covered 1/2 Short ES at 1051.25 --> + 1  [15:54] that concludes todays lesson [15:54] yep and how many times have we seen a hard sell in the am then comeback in the pm? [15:54] 0,6 exit stop set ES @ 1052.25  [15:54] in the past few months [15:54] the trend has been up too [15:55] the past few months [15:55] trying to help dude [15:55] thassall [15:56] the 1min es has a 123 reversal a few minutes ago with the middle bar being a doji sitting directly on yesterday's close... [15:56] The Hosers will be lookin' for the gap-n-crap tomorrow on CSCO's earnings report... [15:57] wannabe...agree...that is how bull markets act [15:58] 0,2 Covered 1/4 Short ES at 1050.75 --> + 1.5  [15:59] 0,2 Covered remainder Short ES at 1050.75 --> + 1.5  [16:00] good night everybody ... cya soon :) [16:00] good night [16:01] good night all [16:01] nite [16:04] night all - thanks for all the help and comment - see you tomorrow [16:05] nite guy [16:05] 0,2 Covered 1/4 ES Short @ 1050 --> + 2.5  [16:05] i am out too...see you all later :) [16:05] 0,2 Covered 1/4 ES Short @ 1050 --> - 5  [16:05] * rocciya is now known as rocciya_away [16:05] not right...should be + .75 pts for 10 ES [16:06] CYU! [16:06] 0,4 Shorts ES @ 1051 -> Add  [16:07] for 10 ES [16:07] cya all tomorrrow [16:07] CYU! [16:08] 0,4 Shorts ES @ 1053.25 -> Add  [16:08] for 10 ES [16:08] Wow...market looked a little greedy there for a minute... [16:08] yes [16:08] almost like it wanted to make new intraday highs for the ES. [16:09] 0,2 Covered 1/4 ES Short @ 1051.50 --> + 1.75  [16:10] not right...should be + 1.5 pts for 10 ES [16:10] 0,4 Shorts ES @ 1052.50 -> Add  [16:11] for 10 ES [16:11] Looks like rocciya YM and Jazz ES are trades of the week so far... [16:13] 0,2 Covered 1/4 ES Short @ 1052.50 --> 0  [16:14] Covered all at 1053 [16:14] 0,2 Exited Remainder ES Long @ 1053.50 --> + 7.75  [16:15] Wow!!! [16:15] for the day, up almost 10 points total, on two contracts. [16:15] Let me correct my statement... [16:15] I missed the morning trade at the high by a tick. [16:15] GREAT JOB! [16:15] I missed selling my long by a tick [16:15] rocciya YM, Jazz ES and m618 ES are trades of the week :) [16:15] Nice going all...very nice. [16:15] So today was a lucky day...give or take another TICK and things would have been very different. [16:15] CYU ALL! [16:15] Great patience m618. [16:15] Week's not over yet, PUNK! [16:16] :) [16:16] I agree...we got you 3 in our scopes :) [16:17] I haven't had two winning days in some time now, so it's a nice change. [16:18] Let's all HOPE for a gap up to new highs tomorrow... that would have Big Trade potential [16:19] HoseB...should be a good day for trends tomorrow... [16:20] Tomoorow kicks off with some key economic reports at 0830am est... [16:20] Then 11am est Chain Store Sales. [16:21] Potential is bigger on a failure than an upside expension, imo [16:33] take it easy dudes [16:34] now i understand that rally [16:34] cisco always beats [16:35] All the better for tomorrow's gap-n-crap [16:35] I think that rally had pure technical signs to support any enthusiam about CSCO or any other big weighted stock... [16:36] Simply...If I didn't get a Long signal...I would not be Long no matter how much enthusiasm was in the market. [16:40] it was not commom price action, imo [16:40] but im glad i got out just in time [16:41] Late rallies are common...However...the strength of this one in the short time duration wasn't common. [16:41] yes [16:43] here at MIT [16:43] many students tell me [16:44] that they find it difficult [16:44] to get a job [16:44] and thats with 7% gdp [16:44] What part of the economy do you think is causing it a tough job market ??? [16:45] I know, I know... "the part that got shipped overseas" [16:45] technology industry [16:46] but thats precisely the one that is ralling the most [16:46] manufacturing is also a problem [16:47] Sure, they lay everybody off and boost earnings. Then, hire back overseas, part-time, with reduced benefits. [16:48] (Not to mention investors are tech crazy) [16:48] this is going to be interesting [16:48] Too bad it won't also be fun! [16:48] the next president is going to be hated for generations [16:49] Well then, let's hope Bush gets reelected [16:49] hehehhe [16:49] BTW, Greenscam will be hated even more when everybody wakes up [16:49] if he doesnt die first [16:50] Hmmmm [16:51] So, you at MIT West? [16:51] I mean, "East" [16:53] niha what indicator do you use to watch divergences? [16:53] west [17:03] 1,4 #FuturesTrades Info -> 8,2 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. LURKING not allowed..strictly enforced. [17:08] I figure that I had gone short as I was planning to do, I would have been down 4 pts for the day, instead of up 10 points. [17:08] A lucky day for me. [17:16] cya all tomorrow [17:26] * zelareka is now known as zel_away [18:15] 1,4 #FuturesTrades Info -> 8,2 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. LURKING not allowed..strictly enforced. [19:27] 1,4 #FuturesTrades Info -> 8,2 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. LURKING not allowed..strictly enforced. [20:39] 1,4 #FuturesTrades Info -> 8,2 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. LURKING not allowed..strictly enforced. [20:46] hello, anyone around? [21:51] 1,4 #FuturesTrades Info -> 8,2 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. LURKING not allowed..strictly enforced. [22:33] * Disconnected Session Close: Wed Nov 05 22:33:38 2003