Session Start: Tue Jan 04 00:00:00 2005 Session Ident: #FuturesTrades [00:28] 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. [01:21] * Disconnected Session Close: Tue Jan 04 01:21:36 2005 Session Start: Tue Jan 04 09:30:03 2005 Session Ident: #FuturesTrades [09:30] * Now talking in #FuturesTrades [09:30] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [09:31] Anybody getting TICK data? [09:32] 0,3 Long ER2 @ 645.70 -> small size [09:35] morn guys [09:35] Howdy Pat - you getting TICK data? [09:36] regular data.....yes getting ticks too [09:37] :) I meant the TICK on the NYSE [09:37] ok here - not moving much tho [09:37] 0,2 Exited all ER2 Long @ 645.00 --> - 0.7 [09:37] Dang, must be TS then [09:37] 0,4 Shorts ER2 @ 644.70 -> large size [09:38] however, me and pj have a wierd long spike on DAX, yesterday daily [09:38] esignal [09:38] anyone got accurate figures for that? [09:39] Not me. [09:41] nice Niha ... [09:42] 0,6 exit stop moved to breakeven ER2 @ 644.70 [09:42] geez er2 gives me the shakes...:( [09:42] :( [09:42] My data feed just went down. [09:42] This market is so whippy that even ER2 ain't trending :( [09:42] es just closed its gap [09:43] Using broker quotes only now :( [09:44] 0,2 Covered 1/2 ER2 Short @ 643.70 --> + 1 [09:44] 0,4 Shorts YM @ 10753 4,0 ŤŤ paper ťť [09:44] 0,6 exit stop lowered ER2 @ 644.60 [09:44] nice niha.....great trade [09:44] Gonna dump chache brb [09:44] yup..nice reversal niha [09:48] 0,2 Covered Remainder ER2 Short @ 644.50 --> + 0.2 [09:48] Be back in a minute...need to do a reboot on the other computer [09:49] * NihabaAshi is now known as NihabaAshi_away [09:51] +V me [09:53] 0,6 exit stop set YM @ 10763 4,0 ŤŤ paper ťť [09:54] * NihabaAshi_away is now known as NihabaAshi [09:56] I've still having data probs :( [09:57] :( [09:57] Rebooting again [09:58] 0,4 Shorts YM @ 10749 4,0 ŤŤ paper ťť [09:58] 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. [09:58] 0,6 exit stop set YM @ 10759 4,0 ŤŤ paper ťť [09:59] 0,2 Covered 1/3 Short YM at 10744 --> + 5 4,0 ŤŤ paper ťť [09:59] 0,6 exit stop moved to breakeven YM @ 10749 4,0 ŤŤ paper ťť [10:00] 0,6 exit stop set YM @ 10760 4,0 ŤŤ paper ťť [10:00] 0,2 stop hit YM @ 10749 --> 0 4,0 ŤŤ paper ťť [10:01] 0,3 Long ZN @ 111.796875 [10:04] Well if anybody is in TradeStation, don't exit. cuz ya won't be able to get back in. Some probs on their end. :( [10:05] 0,2 Covered all YM Short @ 10760 --> - 7 4,0 ŤŤ paper ťť [10:05] 0,3 Long YM @ 10762 4,0 ŤŤ paper ťť [10:09] 0,2 Exited all ZN Long @ 111.734375 --> - 0.0625 [10:10] DBlArrow that looked like a good Long..im also starting to watch ZN [10:11] 0,6 exit stop set YM @ 10763 4,0 ŤŤ paper ťť [10:11] good - I'm looking for another try here - if it sets up right. [10:13] 0,2 Exited all YM Long @ 10764 --> + 2 4,0 ŤŤ paper ťť [10:14] 0,4 Shorts YM @ 10764 4,0 ŤŤ paper ťť [10:14] 0,3 Long ZN @ 111.71875 [10:14] easybeat... see PM [10:14] 0,4 Shorts ER2 @ 643.90 -> small size [10:14] 0,4 Shorts ES @ 1207.0 4,0 ŤŤ paper ťť [10:14] * FFT is now known as FFT_Away [10:18] 0,6 exit stop moved to breakeven ER2 @ 643.90 [10:18] Lost my wiggle room via the crappy entry. [10:19] 0,2 Covered 1/3 ER2 Short @ 643.50 --> + 0.4 [10:20] 0,6 exit stop lowered ER2 @ 643.80 [10:20] definetly lots of wiggle this morning [10:22] 0,3 Long ZN @ 111.671875 -> Add [10:23] DBLarrow is one tick on Zn $15? [10:24] 0,3 Long YM @ 10749 [10:24] geez niha u got the er2 by the tail [10:25] 0,2 Exited all YM Long @ 10739 --> - 10 [10:25] 0,2 Covered 1/3 ER2 Short @ 641.40 --> + 2.5 [10:25] $15.625 [10:26] IF 641 breaks on ER, you could get nice run niha [10:27] Dblarrow ive noticed that ZN likes to trend and if u countertrend it, it will Punish you [10:27] Changing my interval from 3min to 5min just in case this turns into a strong downtrend that last the remaindeer of the trading day. [10:28] Nix that last comment...I'm looking to dump my remainders. [10:29] 0,2 Covered Remainder ER2 Short @ 640.40 --> + 3.5 [10:29] nice one niha [10:30] szu - so VERY true and how I often find this out!! [10:31] Real pretty Niha. [10:32] 0,2 Covered all ES Short @ 1204.0 --> + 3 4,0 ŤŤ paper ťť [10:33] 0,6 exit stop set YM @ 10750 4,0 ŤŤ paper ťť [10:34] Les...only major problem with that trade was that I went in with the WRONG size. [10:34] It should have been a Large position but I had change my order size to small when I started having some data problems and forgot to change it back :( [10:37] Second problem (trade management) was that initial 1/3 exit... [10:37] I lost my wiggle room because my signal was @ 644.60 [10:37] 0,2 Covered all YM Short @ 10740 --> + 24 4,0 ŤŤ paper ťť [10:38] Therefore, I had to dump 1/3 "early" to pay for the trade just in case in bounced against me to take out the remainders at breakeven. [10:55] 0,4 Shorts YM @ 10726 [10:56] not much of a bounce off yesterday's lod (es) [10:56] yes easy..not even consolidation there [10:57] 0,2 Covered 1/3 Short YM at 10721 --> + 5 [10:57] 0,2 Covered remainder Short YM at 10725 --> + 1 [10:58] on the flipside szu, when it finally popped thru it was only for a tick, not showing alot of push to the downside at this time [10:59] we still have a lot of Dip buyers [11:02] Down we go...where we stop? Only 9750 knows. [11:02] es trying to form a bottom here [11:02] nosiree! [11:05] if at first you don't succeed.. [11:06] 0,4 Shorts YM @ 10729 4,0 ŤŤ paper ťť [11:07] 0,2 Exited 1/2 ZN Long @ 111.734375 --> + 0.0625 [11:07] 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. [11:07] 0,2 Covered 1/3 Short YM at 10724 --> + 5 4,0 ŤŤ paper ťť [11:08] gm [11:10] b 1605.5 tight stop [11:11] i'm looking for ym fill @ 10711 [11:12] so the strategy is: [11:13] keep the stop wide n shut my eyes [11:35] wellthat didnt work too good [11:36] 0,2 Covered all Short YM at 10744 --> - 15 4,0 ŤŤ paper ťť [11:49] will catch u all later ...lunch time .& back to office..thks [12:09] 0,3 Buys YM @ 10727 4,0 ŤŤ paper ťť [12:12] 0,2 Exited all Long YM at 10723 --> - 4 4,0 ŤŤ paper ťť [12:13] 0,4 Shorts YM @ 10717 4,0 ŤŤ paper ťť [12:14] 0,2 Covered 1/3 Short YM at 10712 --> + 5 4,0 ŤŤ paper ťť [12:17] 4 pt drop in the es since noon, that's a fair amt of lunchtime activity [12:19] 0,2 Exited Remainder ZN Long @ 111.78125 --> + 0.0625 [12:19] 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. [12:29] yes.. lunch time vol is unusuall today [12:33] yup..big boys didnt take their lunch today [12:34] 0,4 Shorts YM @ 10719 [12:34] they ate too much at xmas [12:34] hehe [12:35] ate all us little fish [12:41] 0,6 exit stop moved to breakeven YM @ 10719 [12:42] 0,2 Covered 1/3 YM Short @ 10708 --> + 11 [12:46] 0,2 Covered Remainder YM Short @ 10717 --> + 2 [12:51] * les is now known as lesAway [12:55] 0,2 Covered remainder Short YM at 10717 --> 0 4,0 ŤŤ paper ťť [13:02] es drops 3 pts in 7min, immediately reverses for 2.5pts (so far) [13:11] triple bottom? [13:11] 5min charts [13:29] what odd chart movement, es drops 3pts in 7min as i mentioned above, immed reverses 2.5pts in only 2min, then chops around and gives up those 2.5pts 24min later, weird [13:31] 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. [13:42] FOMC Minutes at 2PM [14:00] Timber :) [14:01] Can't catch those falling bonds [14:01] Actually, the tree fell down much earlier today...current price action is just the branches being chopped off :) [14:07] I was done trading @ 1029am est...just watching and learning from this ongoing price action today. [14:08] this is quite Improvement in Volatility from December [14:09] 16pt range in the es so far, following a 19.5pt day yesterday, whatta way to start out the year with 2 WR days [14:09] You...reason why its important to learn about that volatility so that you can know when to put on some size or keep things small for controlling risk exposure. [14:09] You = Yep :) [14:27] Viscious selling [14:29] 0,3 Long YM @ 10649 4,0 ŤŤ paper ťť [14:29] it's been 2 months exactly since we've had 2 WR days in a row like this [14:32] * NihabaAshi is now known as NihabaAshi_away [14:33] * lesAway is now known as les [14:33] 0,2 Exited all YM Long @ 10650 --> + 1 4,0 ŤŤ paper ťť [14:37] 0,4 Shorts YM @ 10646 4,0 ŤŤ paper ťť [14:37] 0,2 Covered 1/3 Short YM at 10641 --> + 5 4,0 ŤŤ paper ťť [14:40] 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. [14:41] 0,3 Long YM @ 10641 4,0 ŤŤ paper ťť [14:43] 0,2 Exited all YM Long @ 10643 --> + 2 4,0 ŤŤ paper ťť [14:44] wowwie zowwie, 20pts in the es and counting.. [14:45] 0,2 Covered 1/3 Short YM at 10632 --> + 14 4,0 ŤŤ paper ťť [14:46] wow - that took out my tgt 3 before i could move it down [14:46] 0,2 Covered 1/3 Short YM at 10622 --> + 24 4,0 ŤŤ paper ťť [14:48] 0,4 Shorts YM @ 10614 4,0 ŤŤ paper ťť [14:48] 0,2 Covered 1/3 Short YM at 10609 --> + 5 4,0 ŤŤ paper ťť [14:49] 0,2 Covered remainder Short YM at 10609 --> + 5 4,0 ŤŤ paper ťť [14:49] oops [14:49] 0,2 Covered remainder Short YM at 10614 --> 0 4,0 ŤŤ paper ťť [14:51] 0,3 Long YM @ 10619 4,0 ŤŤ paper ťť [14:52] 0,6 exit stop set YM @ 10620 4,0 ŤŤ paper ťť [14:53] this will be my last Long try [14:55] 0,3 Buys YM @ 10630 4,0 ŤŤ paper ťť [14:56] 0,2 Exited 1/3 Long YM at 10635 --> + 5 4,0 ŤŤ paper ťť [14:56] 0,6 exit stop moved to breakeven YM @ 10630 4,0 ŤŤ paper ťť [14:57] 0,6 exit stop set YM @ 10625 4,0 ŤŤ paper ťť [14:58] 0,2 Exited 1/3 Long YM at 10647 --> + 17 4,0 ŤŤ paper ťť [14:59] 0,6 exit stop set YM @ 10630 4,0 ŤŤ paper ťť [15:06] 0,6 exit stop set YM @ 10636 4,0 ŤŤ paper ťť [15:10] ym's gotta break 10653 [15:10] for it to begin an appreciable rise [15:11] les, WHY 10653? [15:11] on 3min chart its the neckline for one of those inverted triangles [15:11] i think thats what they're called [15:12] great big V-shape [15:12] that would predict a 45pt rise after the b/out [15:13] probably why its hesitating so much here [15:13] 0,2 Exited all YM Long @ 10645 --> + 26 4,0 ŤŤ paper ťť [15:15] my line chart shows it up as an inverted H&S [15:17] 4 hits on 653 so far, since the low [15:18] yup, 653 was the number les [15:19] you got to love the volayility [15:19] volatility [15:19] i'm still holding one contract and a wide stop [15:19] gonna keep it like that and hope it breaks [15:19] or we could just chop here [15:20] maybe - but today's action is not about chop for too long [15:20] :( [15:21] 0,2 Exited remainder Long YM at 10614 --> - 16 4,0 ŤŤ paper ťť [15:21] oops [15:21] lately, after 3:30 has been real chop [15:22] 0,2 Exited remainder Long YM at 10631 --> + 1 4,0 ŤŤ paper ťť [15:24] hmmm - that exit was 10634, +4.0pts [15:24] 0,4 Shorts YM @ 10637 -> small size [15:25] 0,2 Covered all YM Short @ 10634 --> + 3 [15:27] 0,3 Buys YM @ 10640 4,0 ŤŤ paper ťť [15:32] NQ pushing higher, YM not moving [15:34] 0,2 Exited 1/3 Long YM at 10651 --> + 11 4,0 ŤŤ paper ťť [15:34] nice les [15:34] thx [15:34] tell it to break out guys [15:35] 653 cement Wall [15:35] hehe [15:35] broken thro [15:35] get ur bazooka out les [15:36] they poked above it..so tells me they went for some stops [15:36] close is just above on 3min [15:36] yeah, could be szu [15:37] was a strong push on nq and es as well, same time [15:38] tomorrow should be intresting after 2 wide day range [15:39] like real flat [15:39] good day for range setups, don't think i've ever seen 3 WR in a row [15:40] i dont think i belkive the good volatility's gonna last, what with the conditions last year [15:40] everytime we get nice volatility my trading improves, i just suck in low volatility,chop environment [15:40] dont we all [15:41] December was WORST [15:41] and August was my best [15:41] very unpredictable stuff when volatility's scewed up [15:42] VIX is at all time lows [15:45] here we go [15:45] nope [15:45] this is coiling a bit [15:47] 0,2 Exited remainder Long YM at 10647 --> + 7 4,0 ŤŤ paper ťť [15:48] time to go [15:48] cu tomorrow [15:48] ok.. take care [15:48] u2 [15:51] * szubaark is now known as szubaark_Away [15:52] 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. [15:55] cya all tomorrow. No trades today. [17:04] 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. [18:13] 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. [19:25] 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. [20:37] 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. [21:49] 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. [22:19] * Disconnected Session Close: Tue Jan 04 22:19:09 2005