Session Start: Wed Jan 19 09:29:25 2005 Session Ident: #FuturesTrades [09:29] * Now talking in #FuturesTrades [09:29] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [09:29] morn guys [09:30] * Awash_afk is now known as Awash [09:30] good morning all [09:31] 0,3 Long YM @ 13 4,0 ŤŤ paper ťť [09:32] 0,6 exit stop set YM @ 9 4,0 ŤŤ paper ťť [09:33] 0,2 Exited YM Long @ 18 --> + 5 4,0 ŤŤ paper ťť [09:35] 0,3 Long ES @ 1196 [09:36] hmm... nq weak [09:43] 0,4 Shorts YM @ 14 4,0 ŤŤ paper ťť [09:47] 0,2 Covered YM Short @ 18 --> - 4 4,0 ŤŤ paper ťť [09:49] 0,4 Shorts NQ @ 1571.50 -> small size [09:50] 0,4 Shorts ES @ 1194.75 4,0 ŤŤ paper ťť [09:50] 0,2 Covered all NQ Short @ 1571.50 --> 0 [09:50] Poor trade selection :( [09:53] 0,4 Shorts YM @ 10618 -> Add 4,0 ŤŤ paper ťť [09:56] gm Awash. [09:56] 26 mins later. [09:56] 0,4 Shorts YM @ 10618 [09:57] Petrolium inventories are NOT comming at 10:30 [09:58] 0,3 Long ES @ 1195 4,0 ŤŤ paper ťť [09:59] 0,3 Long NQ @ 1571.50 -> large size [10:00] 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. [10:00] 0,6 exit stop moved to breakeven NQ @ 1571.50 [10:02] 0,2 Exited 1/3 NQ Long @ 1573.50 --> + 2 [10:02] 0,6 exit stop set YM @ 10631 [10:04] PUNKS :( [10:04] 0,2 Trailing Stop Hit NQ @ 1571.50 --> 0 [10:05] 0,2 Exited all ES Long @ 1194.25 --> - 0.75 4,0 ŤŤ paper ťť [10:05] niha.. you are so polite! [10:06] 0,2 Covered all ES Short @ 1194.25 --> + 0.5 4,0 ŤŤ paper ťť [10:08] this is terrible [10:08] 0,2 Covered all YM Short @ 10614 --> + 4 [10:08] 0,3 Long ES @ 1195 4,0 ŤŤ paper ťť [10:09] 0,4 Shorts ES @ 94.75 -> small size [10:11] 0,4 Shorts ER2 @ 25.4 4,0 ŤŤ paper ťť [10:11] 0,2 Covered ER2 Short @ 25.8 --> - 0.4 4,0 ŤŤ paper ťť [10:12] 0,4 Shorts ER2 @ 25.6 4,0 ŤŤ paper ťť [10:13] 0,4 Shorts ER2 @ 625.70 -> large size [10:15] :( [10:15] Geesh... [10:15] 0,2 Covered all ER2 Short @ 625.70 --> 0 [10:15] Perfect entry...walk away with nothing. [10:17] 0,2 Exited all ES Long @ 1194.25 --> - 0.75 4,0 ŤŤ paper ťť [10:17] 0,4 Shorts ES @ 1194.25 4,0 ŤŤ paper ťť [10:17] 0,2 Covered ER2 Short @ 25.4 --> + 0.2 4,0 ŤŤ paper ťť [10:18] 0,2 Exited all ES Long @ 1194 --> - 2 [10:23] 0,4 Shorts ER2 @ 624.20 -> small size [10:24] ES right around 8:30am low. [10:25] EIA Petro 5pm EST today instead of its usual 10:30am. [10:27] 0,2 Covered 1/2 YM Short @ 10608 --> + 10 4,0 ŤŤ paper ťť [10:29] 0,4 Shorts ER2 @ 608 4,0 ŤŤ paper ťť [10:29] YM [10:34] 0,6 exit stop moved to breakeven ER2 @ 608 4,0 ŤŤ paper ťť [10:34] 0,2 Covered ER2 Short @ 595 --> + 13 4,0 ŤŤ paper ťť [10:35] 0,2 Covered all ER2 Short @ 623.50 --> + 0.7 [10:35] Lucky trade...tried to exploit the fact that many would dump after realizing there was NO 1030am est EIA report. [10:36] PayPal please :). [10:36] sharp thinking [10:36] :p [10:37] Thanks Bobby :) [10:37] Hey, you've helped me SO MUCH, I'm glad I ONCE got to help you. [10:39] 0,4 Shorts YM @ 95 4,0 ŤŤ paper ťť [10:40] I may call it quits here...lack of sleep and I'm still ANGRY about getting my stop hit on that Short @ 625.70 that was a picture perfect entry on a very important trade strategy. [10:40] When I trade mad...the results are losses by the end of the day. [10:40] 0,2 Covered YM Short @ 95 --> 0 4,0 ŤŤ paper ťť [10:40] Thus, I'm a little profitable now...will take a long break (go watch a movie on cable TV). [10:41] Be back back later. [10:41] * NihabaAshi is now known as NihabaAshi_away [10:41] 0,4 Shorts YM @ 24.2 4,0 ŤŤ paper ťť [10:41] take care. [10:41] ack [10:41] ER2 [10:43] 0,2 Covered 1/2 ES Short @ 92.75 --> + 2 [10:45] 0,2 Covered all ES Short @ 1192.75 --> + 1.5 4,0 ŤŤ paper ťť [10:45] 0,2 Covered YM Short @ 23.8 --> + 0.4 4,0 ŤŤ paper ťť [10:46] 0,3 Long ER2 @ 23.8 4,0 ŤŤ paper ťť [10:47] 0,2 Exited ER2 Long @ 24.1 --> + 0.3 4,0 ŤŤ paper ťť [10:48] market wants to see 90 before any move up [10:48] 880 just sold at 92.5 [10:49] 0,4 Shorts ES @ 92.25 -> Add [10:50] can't follow this, gotta go fix our network...:-) [10:51] I saw 400 but I didn't see 880. [10:52] lost os 400s 1 880 aout 1.5 minute ago [10:54] 0,3 Long ES @ 1192 4,0 ŤŤ paper ťť [10:56] 0,4 Shorts YM @ 96 4,0 ŤŤ paper ťť [10:58] this should be just a few short coverings next pust to 90 should be coming [11:00] 0,2 Covered YM Short @ 98 --> - 2 4,0 ŤŤ paper ťť [11:05] 0,2 Covered all ES Short @ 93 --> + 1 [11:07] I thought/think the pivot would hold. I was only pierced once and price bounced right off it. How come you thought 90, may I ask? [11:08] major consolidation "time at price" for the last week plus minor consolidation 10:45 yesterday I think we will still get there but may go to 94 then back down [11:10] So you like to look at time @ price values to determine s/r levels? [11:10] 0,4 Shorts ES @ 92.5 -> medium size [11:11] 0,3 Long YM @ 600 4,0 ŤŤ paper ťť [11:11] 0,6 exit stop set YM @ 596 4,0 ŤŤ paper ťť [11:11] 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. [11:12] ya know the old adtage sup become res res becomes sup yada yada yada plus market likes round numbers and there is a bnegative sentiment today plus open up any long term chart 90 is sort of nuetral territory so if market wqant up its likely to be hit and makket wants down it will trade through it either way [11:13] 0,2 Exited all ES Long @ 1192.25 --> + 0.25 4,0 ŤŤ paper ťť [11:13] 0,2 Exited YM Long @ 96 --> - 504 4,0 ŤŤ paper ťť [11:13] 0,2 Exited YM Long @ 596 --> - 4 4,0 ŤŤ paper ťť [11:14] 0,3 Long YM @ 94 4,0 ŤŤ paper ťť [11:14] 0,2 Covered 1/3 ES Short @ 92 --> + 0.5 [11:14] 0,6 exit stop set YM @ 90 4,0 ŤŤ paper ťť [11:17] I've found w/ wild mornings the dead zone can start a little early. It's like people are already fried. [11:18] 0,2 Exited YM Long @ 93 --> - 1 4,0 ŤŤ paper ťť [11:18] 0,4 Shorts ES @ 1192 4,0 ŤŤ paper ťť [11:21] 0,2 Covered 1/3 ES Short @ 92 --> + 0.5 [11:22] 0,2 Covered all ES Short @ 1192.50 --> - 0.5 4,0 ŤŤ paper ťť [11:22] 0,2 Covered Remainder ES Short @ 92.50 --> 0 [11:23] 0,3 Long ES @ 1192.50 4,0 ŤŤ paper ťť [11:23] 0,3 Long ES @ 92.50 [11:23] ? 4 U guys, do you think it's worth it to get bonds, oil and the big S&P feeds? [11:24] just oil and copper on nymex i think [11:24] 0,4 Shorts ER2 @ 22.4 4,0 ŤŤ paper ťť [11:24] 0,6 exit stop set ER2 @ 22.8 4,0 ŤŤ paper ťť [11:24] copper? serious? [11:25] 0,2 Covered ER2 Short @ 22.8 --> - 0.4 4,0 ŤŤ paper ťť [11:25] coppers good for sentiment cuase its the most used resource [11:25] 0,4 Shorts ER2 @ 22.8 4,0 ŤŤ paper ťť [11:26] premarket watch copper, but not the holy grail [11:26] But does it have any intraday value? I can look at a daily ES or dow chart and figure out what sentiment is. [11:27] I guess you kind of answered already. [11:29] I would just think the premarket of the market would do the same, but I've been wrong before. Will check it out if I get the feed. [11:29] As would Europe and Asia. [11:30] 0,2 Covered ER2 Short @ 23.2 --> - 0.4 4,0 ŤŤ paper ťť [11:32] 0,2 Exited 1/2 ES Long @ 93.50 --> + 1 [11:34] 0,4 Shorts ES @ 93.5 -> small size [11:36] 0,4 Shorts ES @ 93.50 [11:39] 0,2 Covered 1/2 ES Short @ 93 --> + 0.5 [11:41] 0,2 Exited all ES Long @ 1192.75 --> + 0.25 4,0 ŤŤ paper ťť [11:42] 0,2 Covered 1/3 ES Short @ 93 --> + 0.5 [11:44] 0,4 Shorts ER2 @ 23.9 4,0 ŤŤ paper ťť [11:45] 0,6 exit stop set ER2 @ 24.3 4,0 ŤŤ paper ťť [11:45] nilson should be screamin short with this flag form..:) [11:47] 0,6 exit stop lowered ER2 @ 24 4,0 ŤŤ paper ťť [11:47] 0,2 Exited Remainder ES Long @ 92 --> - 0.5 [11:48] 0,2 Covered 1/3 ES Short @ 92 --> + 1.5 [11:50] 85 not out of the question [11:50] nice matrix... [11:52] 0,2 Covered ER2 Short @ 23 --> + 0.9 4,0 ŤŤ paper ťť [11:53] 0,2 Covered 1/2 ES Short @ 91.75 --> + 1.75 [11:54] 0,3 Long ES @ 1192 4,0 ŤŤ paper ťť [11:55] if this 91.5 breaks hold on :) [11:55] just let if flash one big sell 100 lots or more at 91.25 [11:57] 0,4 Shorts ER2 @ 23 4,0 ŤŤ paper ťť [11:57] 0,6 exit stop set ER2 @ 23.2 4,0 ŤŤ paper ťť [11:57] this is at a 38 - 40% retracement from yest high so expect some support [11:58] hi all...no trades today yet for me. [11:58] 0,2 Covered ER2 Short @ 23.2 --> - 0.2 4,0 ŤŤ paper ťť [11:58] YM also just above daily pivot [11:58] thats what everyone thinks thats why its holdin but reaed btween the trades and our shorts should be alright..:) [11:59] rule # 4 takith as the mrkt giveith [11:59] 0,4 Shorts ER2 @ 22.9 4,0 ŤŤ paper ťť [11:59] 0,6 exit stop set ER2 @ 23.3 4,0 ŤŤ paper ťť [11:59] 0,2 Covered ER2 Short @ 23.3 --> - 0.4 4,0 ŤŤ paper ťť [11:59] ouch :/ [12:00] I'll say this, looking at DOM, there isn't huge support below 91 (when below 91 showed). [12:01] traders givin up on longs [12:04] 0,2 Exited all ES Long @ 1191.50 --> - 0.5 4,0 ŤŤ paper ťť [12:04] 0,4 Shorts ES @ 1191.50 4,0 ŤŤ paper ťť [12:05] there it is [12:06] 0,4 Shorts ES @ 91 -> Add [12:06] nice trading Matrix [12:07] 0,2 Covered 1/2 ES Short @ 90.25 --> + 0.75 [12:08] 0,4 Shorts YM @ 10582 [12:08] DOM wise, 89.75 has strong support, below that, no. [12:08] I know people poo poo DOM, but I don' t think it's always worthless. [12:12] 0,2 Covered all ES Short @ 1191.25 --> + 0.25 4,0 ŤŤ paper ťť [12:13] 0,2 Covered Remainder ES Short @ 91 --> + 2.5 [12:13] lunch time [12:14] eat well ;) [12:23] 0,3 Long ES @ 90.25 -> small size [12:23] 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. [12:24] very tight stop [12:24] 0,3 Long ES @ 1190.75 4,0 ŤŤ paper ťť [12:26] stops in place see ya after lunch [12:47] 0,2 Exited 1/2 ES Long @ 92.25 --> + 2 [12:49] nice emini..im with you on this one [12:50] yeah saw it as a low risk one [12:50] lets hope its a real move [12:51] hope ?????????? guess thats what happens when we take a trade that isn't set up by our method/system [12:54] yes u dont want to be in Hope mode. [12:54] next is the damn it mode then the ohh shit mode [12:54] u got it right [12:55] at least in this case we r in the + mode [12:56] 0,2 Exited all ES Long @ 1192.25 --> + 1.5 4,0 ŤŤ paper ťť [13:00] 0,2 Exited 1/2 ES Long @ 93 --> + 2.75 [13:00] 0,4 Shorts ES @ 93 [13:01] actually it sell more than to come out of long position [13:03] 0,4 Shorts YM @ 10601 -> Add [13:03] 0,2 Covered 1/2 ES Short @ 92.25 --> + 0.75 [13:11] 0,3 Long ER2 @ 24.1 4,0 ŤŤ paper ťť [13:11] 0,6 exit stop set ER2 @ 23.8 4,0 ŤŤ paper ťť [13:18] 0,2 Exited ER2 Long @ 24 --> - 0.1 4,0 ŤŤ paper ťť [13:18] 0,2 Covered Remainder ES Short @ 12.50 --> + 80.5 [13:18] argh [13:19] meant 92.50 [13:19] 0,4 Shorts YM @ 604 4,0 ŤŤ paper ťť [13:20] 0,6 exit stop set YM @ 608 4,0 ŤŤ paper ťť [13:20] 0,2 Covered YM Short @ 608 --> - 4 4,0 ŤŤ paper ťť [13:21] 0,2 Covered all YM Short @ 10611 --> - 39 [13:22] 0,4 Shorts YM @ 609 4,0 ŤŤ paper ťť [13:22] 0,6 exit stop set YM @ 614 4,0 ŤŤ paper ťť [13:25] 0,4 Shorts ES @ 1192.25 4,0 ŤŤ paper ťť [13:31] Naturally it drops AFTER I get stopped out of short [13:32] 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. [13:32] always the way [13:33] they doing a lot of Stop run expeditions today [13:36] 0,6 exit stop lowered YM @ 603 4,0 ŤŤ paper ťť [13:40] 0,2 Covered all ES Short @ 1192 --> + 0.25 4,0 ŤŤ paper ťť [13:42] * Awash is now known as Awash_afk [13:44] * NihabaAshi_away is now known as NihabaAshi [13:46] 0,4 Shorts YM @ 596 -> Add 4,0 ŤŤ paper ťť [13:51] 2PM Beige Book [13:52] 0,6 exit stop lowered YM @ 599 4,0 ŤŤ paper ťť [13:54] 0,2 Covered all YM Short @ 588 --> + 29 4,0 ŤŤ paper ťť [14:10] 0,3 Long ES @ 1191.25 4,0 ŤŤ paper ťť [14:23] 0,4 Shorts ES @ 92.5 -> large size [14:26] 0,4 Shorts YM @ 10595 4,0 ŤŤ paper ťť [14:28] 0,2 Covered all ES Short @ 92.75 --> - 0.25 [14:29] 0,2 Covered all YM Short @ 10602 --> - 7 4,0 ŤŤ paper ťť [14:30] 0,4 Shorts ES @ 93 -> small size [14:33] 0,4 Shorts YM @ 10602 4,0 ŤŤ paper ťť [14:33] 0,3 Long ES @ 92.75 [14:34] 0,2 Exited all ES Long @ 1192.75 --> + 1.5 4,0 ŤŤ paper ťť [14:37] 0,2 Covered 1/2 YM Short @ 10596 --> + 6 4,0 ŤŤ paper ťť [14:44] 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. [14:45] big seller at 91.75 will push to 90 again [14:45] if/then scenario [14:45] u see that on Market Depth? [14:46] dont look at market debth never have nver will [14:46] 0,2 Exited all ES Long @ 92 --> - 0.75 [14:47] 0,4 Shorts ES @ 91.5 -> Add [14:47] emini looks like you walked right into it on that Long [14:47] yep wrong entry [14:48] i still think up there is a long entry [14:49] why? [14:50] 79 and 89 ma's crossed ovrt keltner channels giving a bias to tht up side [14:50] ok [14:51] think this was a retracement on testing 93.50 which was a major high [14:51] 0,3 Long ES @ 91.75 [14:54] if thats the case watch it that no one is buying the bottom of this range [14:55] yep thats why i am not in along [14:55] my chart looks like it needs a Viagra...lol:) [14:56] maybe on a retst of 90 [14:57] some buyers came in [14:57] sma;ll fish [14:58] need to see them big blocks now [14:58] wheres crude havnt checked [14:59] 47.925 [14:59] thats a good number [15:01] looks like no follow thru to the upside [15:02] my 15 and 60 minute charts screams 86 test [15:02] maybe [15:03] its stuck because of the resistence on the 60 min chart [15:04] need to see if it will breakthru huge #'s coming in [15:04] 0,2 Covered all ES Short @ 92.5 --> - 0.5 [15:05] yep no point in olding [15:05] holding [15:08] 0,3 Long ES @ 92 -> medium size [15:08] bold move [15:08] 0,2 Exited ES Long @ 91.5 --> - 0.5 [15:08] 0,4 Reverse and Enter Short ES @ 91.5 [15:09] 0,2 Covered Remainder YM Short @ 10590 --> + 12 4,0 ŤŤ paper ťť [15:09] 0,2 Exited ES Long @ 91.25 --> - 0.5 [15:09] The wood chipper is on Full Throttle [15:11] nas is a free fall [15:12] looks like es will break 90 [15:12] 0,4 Shorts ES @ 1190.25 4,0 ŤŤ paper ťť [15:13] 0,2 Covered 1/2 ES Short @ 90.25 --> + 1.25 [15:15] stupid trader who bough 1000 at 91.5 spoked me and cost me a point its rare to see that kind of size get hurt [15:15] no follow thru [15:16] 0,2 Covered all ES Short @ 1190 --> + 0.25 4,0 ŤŤ paper ťť [15:16] Stupid i chased it! [15:16] stay in were goin to 86 [15:17] BAD entry.. dont want to get smoked [15:17] choo choo train ............? [15:18] i think this will hold 89.25 [15:18] 0,2 Covered Remainder YM Short @ 10578 --> + 9 4,0 ŤŤ paper ťť [15:24] 0,2 Covered 1/3 ES Short @ 89 --> + 2.5 [15:26] 87 will hold imho. [15:28] well, I'm wrong. [15:28] good call MR_M [15:28] 0,3 Long ES @ 1187.25 4,0 ŤŤ paper ťť [15:28] 0,2 Covered 1/3 ES Short @ 87 --> + 4.5 [15:30] 0,2 Exited all ES Long @ 1186 --> - 1.25 4,0 ŤŤ paper ťť [15:30] 0,3 Long ES @ 1186.50 4,0 ŤŤ paper ťť [15:31] 0,2 Covered Remainder ES Short @ 86.25 --> + 5.25 [15:31] nice MR_M [15:31] thx [15:36] 0,3 Long ES @ 87 -> small size [15:38] 0,2 Exited all ES Long @ 87 --> 0 [15:39] short sqeeeze not likely im done for the day...goo day today though [15:40] Honestly, pretty impressive. wtg. [15:40] pretty good for me too [15:41] impressed w/ U2 ;). [15:41] good going guys [15:41] need to look for consistencey bobbyMurcerFan [15:42] need to get there yet [15:42] tnx WAT [15:42] 0,2 Exited all ES Long @ 1186.50 --> 0 4,0 ŤŤ paper ťť [15:42] 0,4 Shorts ES @ 1186.50 4,0 ŤŤ paper ťť [15:43] done for the day see ya all [15:45] 0,3 Long ES @ 1187.25 4,0 ŤŤ paper ťť [15:56] 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. [16:01] 0,2 Covered all ES Short @ 1185 --> + 1.5 4,0 ŤŤ paper ťť [16:01] Is Eminitrader still holding that Long position ??? [16:01] [14:33] Long ES @ 92.75 [16:01] [15:05] holding [16:01] [15:08] bold move [16:02] [15:40] pretty good for me too [16:04] When using a 30 or 60 min chart, ball park, now many days are you looking back? [16:05] If I'm day trading...no further than the prior trading day info will I do analysis. [16:06] If its suppose to be a swing trade or something to help with my position size decision...I'll go back as far as several trading days...no more than what I can see on my monitor without having to scroll backwards. [16:06] Thus, if I have to scroll backwards...I consider myself doing "overanalysis". [16:07] But you will use that previous day when day trading. [16:15] Yes. [16:17] 0,2 Exited all ES Long @ 1183.25 --> - 4 4,0 ŤŤ paper ťť [16:17] it was paper but still, it didn't work out. [16:29] See you guys tomorrow [16:31] cya [17:05] 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. [18:17] 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. [19:29] 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. [20:38] 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. [21:50] 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. [23:02] 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. Session Close: Thu Jan 20 00:00:00 2005