Session Start: Tue Feb 01 09:28:48 2005 Session Ident: #FuturesTrades [09:28] * Now talking in #FuturesTrades [09:28] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [09:30] 0,4 Shorts ES @ 1183 [09:35] gm everyone [09:38] * szubaark_away is now known as szubaark [09:39] 0,2 Covered all ES Short @ 1182.75 --> + 0.25 [09:40] Howdy M618 [09:42] 0,4 Shorts ER2 @ 624.80 -> small size [09:44] :( [09:45] 0,6 exit stop moved to breakeven ER2 @ 624.80 [09:46] 0,2 Covered 1/3 ER2 Short @ 624.00 --> + 0.8 [09:46] 0,6 exit stop lowered ER2 @ 624.70 [09:47] Lucky trade :) [09:47] * Flash_away is now known as Flashtrade [09:47] Yeah, me too. Nasty opening [09:48] FOMC meeting begins today, could be VERY SLOW [09:51] 1,4 Key Economic Reports -> 8,2 0945am est Construction Spending and 10am est ISM Mfg Index <--- If volatility appears...be prepared to exploit such. [09:52] Ooops... [09:52] 1,4 Key Economic Reports -> 8,2 10am est Construction Spending and 10am est ISM Mfg Index <--- If volatility appears...be prepared to exploit such. [09:58] If my remainders don't get pick pocketed...this tight range for the last few 3min intervals could set me up for a pt2. [09:59] Unfair :( [09:59] 0,2 Trailing Stop Hit ER2 @ 624.70 --> + 0.1 [09:59] Niha, those Thieves! [10:00] 0,2 Exited all EUR Long @ 1.3021 --> + 0.0001 [10:01] 0,4 Shorts ES @ 623.90 [10:02] 0,4 Shorts NQ @ 1521.50 -> large size [10:03] 0,3 Buys YM @ 10490 4,0 ŤŤ paper ťť [10:04] 0,2 Exited 1/3 Long YM at 10495 --> + 5 4,0 ŤŤ paper ťť [10:04] 0,6 exit stop moved to breakeven YM @ 10490 4,0 ŤŤ paper ťť [10:06] 0,2 Covered all ES Short @ 624.90 --> - 1 [10:06] 0,2 Exited remainder Long YM at 10497 --> + 7 4,0 ŤŤ paper ťť [10:07] nice Les, YM bounced from the previous day 5pm close. [10:07] thx flas [10:07] didnt notice... [10:08] trade was based on the 3min channel [10:08] i see. well, you had "confluence" [10:08] :) [10:09] not a surprise the channel boundary gets organised by those aspects [10:09] 0,4 Shorts YM @ 10497 4,0 ŤŤ paper ťť [10:09] maybe it'll work again :) [10:10] 0,2 Covered NQ Short @ 1525.00 --> - 3.5 [10:10] 0,3 Reverse and Enter Long NQ @ 1525.00 [10:10] 0,3 Long ES @ 625.50 [10:10] off of the channel les ? [10:10] yep [10:10] not quite, just waiting abit [10:10] Tick new hod [10:11] all depend where u draw the line [10:12] 0,4 Shorts YM @ 10500 4,0 ŤŤ paper ťť [10:13] 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. [10:14] 0,2 Exited all NQ Long @ 1525.00 --> 0 [10:14] :( [10:18] 0,4 Shorts ES @ 1182.75 [10:19] 0,2 Covered 1/3 Short YM at 10492 --> + 5 4,0 ŤŤ paper ťť [10:20] 0,6 exit stop moved to breakeven YM @ 10497 4,0 ŤŤ paper ťť [10:20] 0,2 Exited all ES Long @ 625.20 --> - 0.3 [10:20] 0,4 Shorts ES @ 625.20 [10:20] 0,2 Covered all YM Short @ 10492 --> + 8 4,0 ŤŤ paper ťť [10:21] 0,4 Shorts NQ @ 1524.50 -> large size [10:21] 0,2 Covered 1/3 Short YM at 10490 --> + 7 4,0 ŤŤ paper ťť [10:21] Boy that news at 10 sure rocked the market :P [10:22] got that right FFT [10:22] it keeps doing us proud, that news [10:22] News is worthless now [10:23] 0,2 Covered remainder Short YM at 10495 --> + 2 4,0 ŤŤ paper ťť [10:23] If I knew that there would be no serious news, I could trade up and down a 2pt spread. [10:23] But it seems unlikely to last [10:25] 0,2 Covered all ES Short @ 626.20 --> - 1 [10:27] 0,4 Shorts YM @ 10500 4,0 ŤŤ paper ťť [10:28] 0,3 Long ES @ 626.10 [10:33] 0,4 Shorts ES @ 82.75 [10:34] 0,2 Covered NQ Short @ 1527.00 --> - 2.5 [10:34] 0,3 Reverse and Enter Long NQ @ 1527.00 [10:34] :( [10:34] 0,3 Long YM @ 10502 [10:34] Long DAX @ 4279.00 [10:35] 0,4 Shorts YM @ 10505 -> Add 4,0 ŤŤ paper ťť [10:36] Exit 1/2 DAX @ 4282.00 [10:37] 0,3 Long NQ @ 1527.50 -> Add [10:38] 0,2 Exited 1/2 YM Long @ 10508 --> + 6 [10:38] 0,3 Buys YM @ 10506 4,0 ŤŤ paper ťť [10:38] 0,3 Long NQ @ 1528.50 -> Add [10:40] 0,2 Exited 1/3 Long YM at 10512 --> + 6 4,0 ŤŤ paper ťť [10:41] Exit 1/4 DAX @ 4286 +7 [10:48] Trailing Stop DAX @ 4280 [10:49] 0,6 exit stop moved to breakeven YM @ 10503 [10:49] 0,2 Exited all ES Long @ 627 --> + 0.9 [10:50] Somebody bought a crapload of ES at 84 even on the bid [10:52] 0,4 Shorts ES @ 626.80 [10:53] 0,2 Exited remainder Long YM at 10507 --> + 1 4,0 ŤŤ paper ťť [10:53] YM looking weak on my entry timeframe, 1m, so looking for a push up on long to get out or be stopped out at 10503 [10:54] szubaark...what's wrong with your script...it was working ok awhile ago and now it doesn't...did you make some changes to it??? [10:55] 0,2 Covered all ES Short @ 83.75 --> - 1 [10:56] Its just not Posting ER2 [10:56] Did you check to see if its setup to post ER2 ??? [10:57] Yes.. It wont post ER when i click mouse over it. [10:57] You need to uninstall the script and reinstall it or install a different version. [10:58] What version do you have ??? [10:59] 3.6 [11:00] Ill play around with it later. [11:00] 0,2 Exited Remainder YM Long @ 10510 --> + 8 [11:02] Ok...you need version 3.7 (its posted where you got the other one) to post via ES or ER2. [11:03] 0,2 Covered all ES Short @ 627.80 --> - 1 [11:04] 0,3 Long ES @ 627.70 [11:06] 0,3 Buys YM @ 10518 4,0 ŤŤ paper ťť [11:11] 0,2 Exited all ES Long @ 627.70 --> 0 [11:12] 0,4 Shorts ES @ 627.80 [11:13] 0,3 Long ES @ 1185 [11:14] Exit DAX @ 4291 +12 and holding just 1 contract in DAX [11:16] I'm having my best day ever in the DAX and my worst day ever in NQ :( [11:17] ahh, yet again, the balance of nature rears it head [11:17] :} [11:18] 0,2 Covered all ES Short @ 628.80 --> - 1 [11:18] 0,3 Long ES @ 628.90 [11:19] I think I need a 1528.50 exit in NQ to be profiable for the day overall with my DAX trades. [11:19] 0,2 Exited 1/3 Long YM at 10523 --> + 5 4,0 ŤŤ paper ťť [11:20] 0,2 Exited all ES Long @ 627.90 --> - 1 [11:20] 0,4 Shorts ES @ 627.90 [11:20] Trailing Stop DAX raised @ 4283.00 [11:21] 0,2 Exited remainder Long YM at 10518 --> 0 4,0 ŤŤ paper ťť [11:21] 0,3 Buys ES @ 1185.75 4,0 ŤŤ paper ťť [11:23] Just to make a market, and to have a trade on the board.... [11:23] 0,4 Shorts YM @ 10515 [11:23] 0,2 Exited 1/2 Long ES at 1185.25 --> - 0.5 4,0 ŤŤ paper ťť [11:23] 0,4 Shorts ES @ 1184.75 [11:24] This is supposed to be some kind of resistance level (whistling in the wind a bit) [11:25] what do you mean square64 ? [11:25] 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. [11:26] trying to pull office duty and watch the screen at the same time....for the moment at least looking to buy pullbacks [11:26] That I am not sure the resistance/pivot will have much effect [11:26] so the resistance that you are looking at is a pivot calc ? [11:26] Yes [11:27] Dont really put much reliance in them. Impatient. [11:28] it seems like R2 and S2 usually hold well cuz they are usually far away and by the time price reached them they need some kind of break [11:30] Also, there doesn't seem to be much more buying volume to push through the HOD [11:31] that would be good. my YM stop is of course right above the HOD [11:32] Not too close, I hope [11:32] couple ticks. just enough for me to be stopped out at the HOD :} [11:35] 0,4 Shorts ES @ 1186 -> Add [11:35] that push missed me by one tick [11:36] Nice pulse of buying [11:36] 0,4 Shorts YM @ 10523 -> Add 4,0 ŤŤ paper ťť [11:36] :-) [11:41] Trailing Stop DAX raised @ 4288.50 [11:42] 0,2 Covered all YM Short @ 10527 --> - 12 [11:43] Bad luck Flash [11:44] 0,4 Shorts ES @ 1186.5 -> Add [11:45] Geesh...what's NQ problem :( [11:45] It doesn't want to creep up like the others. [11:45] looks like a b/o square64 [11:45] You could be right, but I plan to ride it a bit [11:46] there ya go niha [11:46] going to be a tough ride today [11:46] 0,6 exit stop set ES @ 1184 4,0 ŤŤ paper ťť [11:46] 0,2 Exited 1/4 NQ Long @ 1529.50 --> + 1 [11:47] Exit remaindeer DAX @ 4295.00 +16.00 [11:52] 0,2 Covered all ES Short @ 628.90 --> - 1 [11:53] we were overdue for a Trend day. When i woke up this morning i said be careful of a Trend day! [11:54] Those suckers always get me good. [11:54] true szu [11:56] 0,2 Exited all ES Long @ 1185 --> 0 [11:56] 0,4 Shorts ES @ 1185 [11:56] correction...I'm short, not long [11:58] i have a break out system that looks to catch trend days that has had 8 losing days in a row so some kind of trend is due [12:00] agree, flt [12:00] i have similar b/out system for es [12:00] We have had a sort of trend since about 3pm yesterday, if you ignore the overnight. [12:00] 0,4 Shorts ES @ 628.10 [12:02] uptime [12:03] 0,2 Covered all ES Short @ 629.10 --> - 1 [12:03] 0,4 Shorts ES @ 1188.25 -> Add [12:04] 0,3 Long ES @ 628.80 [12:04] 0,2 Exited 1/4 NQ Long @ 1531.00 --> + 4 [12:05] :) [12:05] Still holding the bulk from 1527.00 [12:06] :) [12:07] I need a 1531.50 to be profitable in my NQ trades with commissions. [12:10] 0,2 Exited Remainder NQ Long @ 1532.00 --> + 5 [12:10] nice ride niha [12:11] Thanks... [12:11] 0,6 exit stop raised ES @ 1185.25 4,0 ŤŤ paper ťť [12:11] 4 Super Dooper Niha 4 [12:11] Usually I don't trade NQ or ES until later on into the month... [12:11] why not? [12:11] I use YM and ER2 to warm up sort'uv speak before switching to the ES or NQ. [12:12] Why? [12:12] square64...ES and NQ for some reason just cause me to work 10x harder. [12:12] ok. [12:13] However...if I wait a 1 or 2 weeks into the month before trading them...they usually aren't as hard to trade. [12:13] Just a pattern I notice in my trading for many months but really don't understand why. [12:13] ES is certainly very hard. But it doesn't seem to matter what day it is, for me, anyhow [12:14] Only connection is that I tend to look for a trend in ES or NQ (use wide stops) and try to ride the trade a lot longer than the others. [12:15] That is a nervous drain, clearly [12:17] On that note...I'm done for the day...mentally exhausted after managing DAX and NQ at the same time...be back later. [12:17] * NihabaAshi is now known as NihabaAshi_away [12:18] 0,4 Shorts YM @ 10537 [12:19] The b/e for my ES trade is currently 1187, but I will sell some more if it doesn't make it this swing [12:22] i would try to clear positions by 2pm [12:22] In case there is an afternoon stampede? [12:22] yep [12:23] a HOD breakout after 2p may be a good play [12:23] fomc [12:23] the announcement is tomorrow isn't it [12:23] today 2 pm [12:24] http://www.nasdaq.com/asp/EconodayFrame.asp [12:25] oops u r right 2.15 tommorow thx [12:25] that site is pretty good [12:26] i usually go with briefing.com my mistake screwed up the dates [12:27] 2:22] <+eminitrader> i would try to clear positions by 2pm -- PLEASE IGNORE [12:31] Good that someone is thinking about these traps, even 24 hours early [12:33] DO I SMELL SARCaSM :) [12:33] No [12:34] just kidding [12:34] None intended :) [12:37] 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. [12:38] Slightly wishing I had sold some more ES at 1189 [12:39] a nice littel wave of selling would taste good right about now [12:41] break time for me... will post exit later if it happens before i get back [12:45] 0,3 Long ES @ 87.50 [12:45] oh, look what happens when you go to the restroom.. [12:46] 0,2 Covered 1/2 YM Short @ 10533 --> + 4 [12:46] * les is now known as lesAway [12:47] will trail the rest on 1m chart using a 20period moving avg [12:59] 0,2 Covered Remainder YM Short @ 10540 --> - 3 [12:59] * Flashtrade is now known as Flash_lunch [13:16] 0,2 Exited all ES Long @ 87.50 --> 0 [13:27] 0,3 Long ES @ 87.75 [13:39] 0,2 Exited all ES Long @ 87.75 --> 0 [13:42] 0,4 Shorts YM @ 10536 [13:49] * Flash_lunch is now known as Flashtrade [13:49] 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. [13:50] 0,4 Shorts ES @ 1188.25 4,0 ŤŤ paper ťť [13:56] 0,2 Covered all YM Short @ 10540 --> - 4 [13:56] 0,3 Long YM @ 10539 [14:00] 0,2 Covered all ES Short @ 1189.50 --> - 4.5 [14:00] 0,3 Long ES @ 89.25 [14:04] 0,4 Shorts YM @ 10542 [14:09] 0,2 Covered all YM Short @ 10552 --> - 10 [14:09] 0,3 Long YM @ 10551 [14:11] 0,3 Long YM @ 10549 [14:11] 0,2 Exited 1/3 ES Long @ 89.75 --> + 0.5 [14:12] 0,2 Exited all YM Long @ 10560 --> + 11 [14:12] 0,2 Exited 1/3 ES Long @ 90.25 --> + 1 [14:12] now that was a flash - trade [14:14] ES and YM are picture perfect so far today. Gap up, close gap, uptrend to lunch, shallow selloff, breakout at 2pm. [14:19] 0,2 Exited all YM Long @ 10556 --> + 5 [14:21] 0,6 entry stop raised ES @ 89.25 [14:21] 0,4 Shorts YM @ 10557 [14:33] * lesAway is now known as les [14:33] 0,6 exit stop raised ES @ 1187 4,0 ŤŤ paper ťť [14:35] 0,3 Long ES @ 89.25 [14:35] i meant stop hit [14:35] 0,2 Exited Remainder ES Long @ 89.25 --> 0 [14:38] square64 u still holding the shorts ? [14:40] That's some serious conviction if he is. [14:40] just wondering [14:40] 0,2 Covered all YM Short @ 10567 --> - 10 [14:41] 0,3 Long YM @ 10565 [14:41] I HATE these strong trend days, get hammered everytime! [14:42] get an entry on the side of the trend [14:42] with my countertrade method, I TOTALLY agree with ya szu [14:42] 0,2 Exited all YM Long @ 10559 --> - 6 [14:42] just did [14:42] 0,4 Shorts YM @ 10559 [14:42] wrong entry maybe ????? [14:45] 0,4 Shorts YM @ 10560 4,0 ŤŤ paper ťť [14:45] Yeah Szu, tend days are tuff for me as well :P [14:45] trend even [14:47] I had a dream about a trend day today wiping all my profits this week, Weird! [14:47] 0,4 Shorts YM @ 10557 [14:49] 0,2 Covered 1/2 YM Short @ 10552 --> + 8 4,0 ŤŤ paper ťť [14:54] 0,2 Covered 1/2 YM Short @ 10552 --> + 5 [14:56] 0,2 Covered Remainder YM Short @ 10547 --> + 10 [14:57] 0,2 Covered Remainder YM Short @ 10546 --> + 14 4,0 ŤŤ paper ťť [14:57] breaking through uptrend line for the day on most indexes [14:58] * Flashtrade is now known as Flash_away [15:01] 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. [15:15] 0,2 Covered all YM Short @ 10542 --> + 17 [15:20] 0,3 Long YM @ 10543 [15:23] bye all. Cya tomorrow. [15:24] Putting stop in at 1190.50 [15:25] Have to go play with children [15:26] 0,4 Shorts ES @ 1188.5 -> Add [15:30] 0,2 Exited all YM Long @ 10533 --> - 10 [15:31] 0,4 Shorts YM @ 10529 [15:32] 0,2 stop hit ES @ 1187 --> + 1.25 4,0 ŤŤ paper ťť [15:32] oops [15:32] not yet [15:33] its Paper, you can get away with it [15:33] hehe [15:33] the script wont be affected if i replace that exit anyway [15:33] ok, its gone now [15:35] 0,2 Covered all ES Short @ 1187 --> - 0.75 [15:36] In fact, I had 10 contracts, with an average price of 1187.75, so a profit of a magnificent 0.75pts (or $327 after commisions) [15:37] The script does not provide for adding different amounts at different levels. [15:37] you managed it real good square64 [15:38] Thanks. Not without some sweat. [15:38] no sweat no pay :) [15:43] no pain to gain [15:47] 0,2 Covered all YM Short @ 10543 --> - 14 [15:47] 0,4 Shorts YM @ 10542 [15:49] 0,4 Shorts YM @ 10542 [15:49] it wil be a scalp [15:50] TLT, looking for a test of 10527 ? [15:50] * Flash_away is now known as Flashtrade [15:52] 0,2 Covered all YM Short @ 10547 --> - 5 [15:52] 0,3 Long YM @ 10547 [15:53] well i thought it was going to be a quick scalp [15:59] * Flashtrade is now known as Flash_away [15:59] 0,2 Exited all YM Long @ 10543 --> - 4 [16:00] 0,2 Covered all YM Short @ 10538 --> + 4 [16:01] TLT you took my 4 points [16:01] i'll buy u an adult beverage when i c u :) [16:02] Cya all tomorroe [16:02] lol [16:05] c u fellas tomorrow where i shud have more time than i did today [16:10] 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. [16:18] 0,2 Covered all ES Short @ 1189.75 --> - 1.5 4,0 ŤŤ paper ťť [17:22] 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. [18:34] 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. [19:46] 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. [20:58] 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. [22:10] 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. [23:18] 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. [23:26] * Disconnected Session Close: Tue Feb 01 23:26:40 2005