Session Start: Wed Feb 02 09:29:54 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 [09:30] Could be a crazy day of trading...I'll most likely only trade via my best strategies todays and won't be testing any new stuff. [09:32] Welcome to Ka-Razy Day - brought to you by groundhogs and the FOMC. ;) [09:32] Haooy Goundhog day, everybody [09:33] Happy, even [09:33] FFT, what is "even" after type corrections ? [09:34] Common saying to correct one's self [09:35] Cartoon character says that but I don't remember which [09:35] Oh, I see now. I remember that now. [09:35] I just remembered...Yogi the Bear [09:35] LOL, yeah. Couldn't remember either [09:36] it's strage how text communication can sometimes take away the simplest things, like humor. [09:36] it only takes one failed trade in my case [09:36] strange, even [09:37] and sarcasm too [09:37] was that suppose to be sarcastic ? :} [09:38] not necessarily [09:39] 0,4 Shorts ES @ 1190 [09:43] 0,4 Shorts YM @ 10551 [09:43] probably be a quick scalp [09:44] 0,4 Shorts ES @ 90.25 [09:45] 0,2 Covered all YM Short @ 10547 --> + 4 [09:45] need to "warm up" [09:45] heheh..just like Niha [09:45] I'm trying to warm up by not taking a trade I don't like [09:46] well if it works for him.... [09:48] u guys warm enough yet? [09:49] looks pretty cold out there at cme [09:49] I'd take a short at 1191 [09:51] 0,4 Shorts ES @ 1190.75 [09:52] 0,4 Shorts YM @ 10546 4,0 ŤŤ Scalp ťť [09:52] 0,2 Covered all ES Short @ 1190.25 --> + 0.5 [09:56] 0,2 Covered YM Short @ 10540 --> + 6 4,0 ŤŤ Scalp ťť [09:56] Geez, dontcha hate it when everything goes down but the instrument you shorted? [09:56] lol [09:57] hard not to take it personally aint it? [09:57] Yeah, `pecially when some dork keeps buying up all this at .50 [09:58] 0,2 Covered ES Short @ 89.75 --> + 0.5 [09:59] 0,2 Covered all ES Short @ 1189.5 --> + 0.5 [09:59] :P [10:01] 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. [10:02] 0,4 Shorts YM @ 10540 [10:04] 0,4 Shorts ES @ 1189.25 4,0 ŤŤ paper ťť [10:06] ES a lot stronger than NQ - same as yesterday [10:06] 0,3 Long ER2 @ 627.90 -> small size [10:07] ER2 ADR almost the same as ES 8.25 vs 8.9 [10:09] 0,3 Long YM @ 10545 4,0 ŤŤ Scalp ťť [10:13] 0,2 Exited all ER2 Long @ 628.00 --> + 0.1 [10:13] Dumped it early...small data problem (data bursts) [10:13] :( [10:16] gotta run, setting OCA order, we'll see what happens. [10:21] 0,3 Long ES @ 89.50 [10:23] 0,2 Covered all YM Short @ 10543 --> - 3 [10:24] 0,3 Long ES @ 1190 [10:25] Bit more offer-side volume [10:29] 0,2 Exited all ES Long @ 1190.25 --> + 0.25 [10:29] Not convincing [10:30] 0,2 Exited 1/3 ES Long @ 90.75 --> + 1.25 [10:30] 0,4 Shorts ES @ 1190.25 [10:31] 0,2 Exited 1/3 ES Long @ 90.50 --> + 1 [10:31] 0,6 exit stop moved to breakeven ES @ 89.50 [10:32] 0,2 Exited YM Long @ 10540 --> - 5 4,0 ŤŤ Scalp ťť [10:32] oops, wrong price [10:32] 0,2 Exited YM Long @ 10550 --> + 5 [10:35] 0,4 Shorts ES @ 1190.50 [10:38] 0,3 Long ER2 @ 628.90 -> small size [10:39] 0,2 Covered all ES Short @ 1191.25 --> - 1 [10:39] plan to buy the next little dip(YM), if we get one [10:41] * Flashtrade is now known as Flash_away [10:41] 0,4 Shorts ES @ 1191.25 -> Add [10:42] 0,2 Exited Remainder ES Long @ 91 --> + 1.5 [10:47] * les is now known as lesAway [10:47] 0,6 exit stop moved to breakeven ER2 @ 628.90 [10:47] No volatility...be back later and will post late trade results if breakeven stop is hit. [10:47] * NihabaAshi is now known as NihabaAshi_away [10:49] 0,6 cancelled all open stop orders [10:51] Price alarm alert just went off for 630.00 :) [10:51] ES Sellers @ .75? [10:51] * NihabaAshi_away is now known as NihabaAshi [10:54] 0,4 Shorts ES @ 91.50 [10:56] 3 tick stop [10:56] This feels like yesterday [10:57] looks like a ride on the bull [10:57] 0,2 Exited 1/3 ER2 Long @ 630.10 --> + 1.2 [10:57] If this moves up further, I'll be a little surprise. [10:57] think so ? [10:58] Yep...some resistance in this area. [10:59] k thx [10:59] With that said...if it moves above...it will need to hold and stay above that resistance area to have a chance to move higher. [10:59] 0,4 Shorts ES @ 1191.75 [10:59] Worst...see some chop in this area. [11:02] Hi Jimmy...glad to see you made it :) [11:03] 0,6 exit stop raised ER2 @ 629.00 [11:06] Hi traders and thanks nihabaAshi for help [11:07] Hiya Jimmy. [11:09] 0,2 Covered all ES Short @ 1192.25 --> - 0.5 [11:09] hi all [11:09] 0,2 Covered all ES Short @ 92.25 --> - 0.75 [11:09] welcome jimmy [11:10] 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. [11:11] k [11:13] Man, I coulda been drinking wine and playing Shott-em-up games instead of this. :P [11:14] Shoot em up [11:14] Lookit TICK [11:15] -103 [11:20] ES, NQ and ER2 is definetly waiting for the FOMC announcments...the real action is in YM. [11:21] I've been out and driven half way round town. Half an hour later, nothing different. [11:21] Action as in the others have more boring price action in comparison to YM. [11:21] Ooops...ER2 trying to get more upbeat :) [11:33] oil reversal upside spike [11:34] 0,4 Shorts YM @ 10573 [11:35] :( [11:35] 0,2 Trailing Stop Hit ER2 @ 629.00 --> + 0.1 [11:35] wasn't meant to be. [11:38] 0,4 Shorts ES @ 1192.75 [11:43] 0,4 Shorts ES @ 1192.50 -> Add [11:51] 0,4 Shorts ES @ 92.50 [11:55] 0,2 Covered all ES Short @ 1192.75 --> 0 [11:55] no patience fft? [11:55] oops think i messed up there was no signal [11:56] Not patience, my signal line said ES should be going down, but it's not so I bailed. [11:57] I think I just heard a pin drop at the exchange. [11:57] must be a sprint telephone lol [12:00] 0,2 Covered all YM Short @ 10585 --> - 12 [12:00] Someboy use Sprint and call some freaken sellers :( [12:01] * FFT is now known as FFT_Lunchin [12:01] 0,2 Covered all ES Short @ 93.25 --> - 0.75 [12:02] paid for my oversight [12:08] 0,4 Shorts YM @ 10584 [12:10] STOP buying, don't ya know the feds announcing later ! [12:11] Darn deep pocket floor traders [12:12] so whats the concensus? [12:12] *consensus [12:13] about? [12:13] up v down? [12:13] Going to lunch...this is like watching dry paint on the wall...be back around 1:45pm est. [12:14] * NihabaAshi is now known as NihabaAshi_lunch [12:20] 0,2 Covered all YM Short @ 10578 --> + 6 [12:22] 0,4 Shorts ES @ 92 [12:22] 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. [12:24] about the Fed meeting [12:25] if we get the standard 25bp [12:25] Isn't the issue the wording of the statement? [12:26] who knows anymore? [12:26] its been interesting to see how these index futures have acted the past coupla days [12:26] ;) [12:26] all these hedge funds are chewing each other up [12:29] 0,3 Long ES @ 91.50 [12:30] 0,2 Covered all ES Short @ 1191.50 --> 0 [12:31] Had 4 at 1191.69 average: profit just under 0.5 [12:31] Think this is levelling out. [12:33] think ur right [12:34] 0,2 Exited all ES Long @ 91.50 --> 0 [12:35] Somebody disagrees, 2000 contracts ES just went to the bid side [12:38] 0,3 Long ES @ 91.0 [13:02] 0,4 Shorts YM @ 10575 [13:20] 0,2 Covered all YM Short @ 10575 --> 0 [13:21] 0,3 Long YM @ 10574 [13:33] 0,2 Exited all YM Long @ 10578 --> + 4 [13:34] 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. [14:01] .. [14:03] ... [14:08] * NihabaAshi_lunch is now known as NihabdaAshi [14:08] * FFT_Lunchin is now known as FFT [14:13] Guess the news is out [14:13] Wow Russell! [14:14] cnbc hasn't said anything yet [14:14] Russell.. the usuall bad boy! [14:15] Speical report on CBS [14:15] Any minute - wow CBS is carrying it live? [14:15] That bodes poorly LT for the markets [14:16] ER2 is hitting stops both ways :) [14:17] ER Nasty! [14:17] stop slammer [14:17] .25 up [14:17] thanx FFT [14:17] Yer weclome, Szu. [14:18] Please don't use market orders :) [14:18] No surprise in the statement either [14:19] Saw a whole lotta buying yesterday and this AM in ES - does this mean we'll see some selling now? [14:21] 0,3 Long YM @ 10587 [14:21] no volume in ES ??? [14:22] 0,3 Buys YM @ 10587 4,0 ŤŤ paper ťť [14:22] * lesAway is now known as les [14:22] 0,4 Shorts ER2 @ 631.4 4,0 ŤŤ paper ťť [14:22] 0,2 Exited 1/3 Long YM at 10592 --> + 5 4,0 ŤŤ paper ťť [14:22] 0,4 Shorts ES @ 93.50 [14:24] 0,2 Exited 1/3 Long YM at 10601 --> + 14 4,0 ŤŤ paper ťť [14:25] 0,2 Exited remainder Long YM at 10607 --> + 20 4,0 ŤŤ paper ťť [14:25] 0,2 Exited all YM Long @ 10606 --> + 19 [14:26] 0,4 Shorts ER2 @ 632.4 -> Add 4,0 ŤŤ paper ťť [14:27] 0,2 Covered all ES Short @ 96.25 --> - 17 [14:28] ah! just rebooted, doesn't remember [14:28] long 91.25, exit all 96.25 +5 [14:29] 0,2 Covered all ER2 Short @ 632 --> - 0.2 4,0 ŤŤ paper ťť [14:29] :P [14:29] 0,4 Shorts ES @ 95 -> Add [14:30] Cya all tomorrow [14:32] 0,4 Shorts YM @ 10597 4,0 ŤŤ paper ťť [14:32] I remember when these FOMC produce good volatility that lasted all the way into the close... [14:33] 0,2 Covered 1/3 Short YM at 10591 --> + 6 4,0 ŤŤ paper ťť [14:33] This is real nice Volatility right now. Viva Las Vegas! [14:33] 0,2 Covered 1/3 Short YM at 10585 --> + 12 4,0 ŤŤ paper ťť [14:33] oh yeah, even just a couple of years ago there would be huge swings [14:33] Jump on board :) [14:34] 0,2 Covered ES Short @ 92.50 --> - 0.5 [14:34] 0,2 Covered ES Short @ 92.25 --> + 1.25 [14:34] 0,3 Reverse and Enter Long ES @ 92.25 [14:34] 0,4 Shorts ES @ 1192.50 -> small size [14:35] 0,6 exit stop moved to breakeven ES @ 1192.50 [14:35] +3.75 [14:35] 0,3 Long ES @ 91 -> large size [14:36] 0,2 Covered remainder Short YM at 10567 --> + 30 4,0 ŤŤ paper ťť [14:36] trading should always be this easy :) [14:37] les, then EVERYONE would be frikin doing it! [14:37] szu... [14:38] a few years ago...they WERE [14:38] :) [14:38] yup..My friend Dentist is still watching market everyday and cant wait til it gets easy again and he doesnt have to pull teeth [14:39] 0,3 Long YM @ 10576 4,0 ŤŤ paper ťť [14:39] yep +4 to the short and now for the long [14:40] or another leg down :) [14:40] 0,6 exit stop lowered ES @ 1192.25 [14:40] no if long have stop 87 [14:40] should retest 96 level [14:42] 0,4 Shorts YM @ 10572 4,0 ŤŤ paper ťť [14:43] 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. [14:46] 1189.50 has got my name on it...hopefully ES wants it also. [14:47] doubt it niha [14:47] 0,2 Covered all Short YM at 10578 --> - 6 4,0 ŤŤ paper ťť [14:47] Yep...but if it drops... [14:47] I'll be adding [14:48] :( [14:48] 0,2 Trailing Stop Hit ES @ 1192.25 --> + 0.25 [14:48] fomc ics my favorite believe me [14:48] 0,3 Long YM @ 10583 [14:48] 0,2 Exited all YM Long @ 10589 --> + 6 [14:49] it was over before i cud post [14:49] he he good one [14:49] 0,2 Exited 1/2 YM Long @ 10590 --> + 14 4,0 ŤŤ paper ťť [14:49] That was my first ES trade of the month...hopefully now I can bang out some points for the remainder of the month. [14:50] take a long niha will test 96 [14:50] Can't do it without a signal. [14:51] trust me :) have a tight sytop [14:51] We are now exactly where we were before it all started. On the VWAP. [14:53] :) [15:01] No trades in no-man's land [15:04] 0,2 Exited Remainder YM Long @ 10577 --> + 1 4,0 ŤŤ paper ťť [15:04] 0,4 Shorts ES @ 1191.25 -> large size [15:04] 0,4 Shorts YM @ 10570 [15:08] 0,6 exit stop moved to breakeven ES @ 1191.25 [15:10] 0,4 Shorts YM @ 10573 [15:13] 0,2 Covered 1/2 ES Short @ 1189.50 --> + 1.75 [15:13] 0,6 exit stop set YM @ 10571 [15:13] 0,6 exit stop lowered ES @ 1191.00 [15:13] pt 10550 [15:15] 0,3 Long ES @ 89.50 -> Add [15:15] don't do that, it makes me want to cover :) [15:16] u never know :) [15:17] I don't see this going much lower...if it does...its a bonus. [15:17] 0,2 Covered all ES Short @ 1189.75 --> - 0.5 4,0 ŤŤ paper ťť [15:17] 0,2 Covered all YM Short @ 10567 --> + 3 [15:18] 0,2 Covered all YM Short @ 10567 --> + 6 [15:21] 0,2 Covered Remainder ES Short @ 1190.75 --> + 0.5 [15:21] 0,3 Long YM @ 10570 [15:22] I'm done for the day because its almost 3:30pm est and I don't like opening up new positions unless I'm testing something. [15:26] Done at 3:30 [15:35] No trades today for me. Close, but no cigar. Cya tomorrow. [15:38] 0,2 Exited 1/3 ES Long @ 92.25 --> + 2.75 [15:43] 0,2 Exited all YM Long @ 10576 --> + 6 [15:45] 0,2 Exited 1/3 ES Long @ 93.75 --> + 2.75 [15:45] sweeet emini [15:46] thx have one more lot entry @89.59 [15:47] doubt if it will test the high waiting for the home run on this lot [15:52] wanted to buy that dip but it didn't go as low as i hoped [15:53] if it had broken the lod i would be short thouh [15:54] missed the lod by a tick [15:55] 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. [15:56] 0,2 Exited 1/3 ES Long @ 92.75 --> + 1.75 [15:56] nice emini! [15:57] tnx have 3 more left [16:00] 0,2 Exited Remainder ES Long @ 94 --> + 3 [16:04] gotta work see u guys tomorrow [16:05] ciao [16:43] gn [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. [17:18] * Disconnected Session Close: Wed Feb 02 17:18:22 2005