Session Start: Fri Feb 04 03:08:29 2005 Session Ident: #FuturesTrades [03:08] * Now talking in #FuturesTrades [03:08] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [03:09] 0,4 Shorts DAX @ 4308.00 -> small size [03:12] 0,6 exit stop moved to breakeven DAX @ 4308.00 [03:12] geez , your up late tonight Niha [03:12] You mean up early :) [03:13] Needed to test out a strategy on Eurex DAX in the 15mins of the its open :( [03:14] that e-mail really cleared things up for me on the doji star , need a doji star pattern in both i c now [03:14] As soon as I'm out of the trade...I'll go back to bed. [03:14] Nevermind...stop hit :( [03:14] Cervenca...will talk about that in #TheStrategyLab [03:17] 0,2 Trailing Stop Hit DAX @ 4308.00 --> 0 [03:28] 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. [03:43] * Disconnected Session Close: Fri Feb 04 03:43:28 2005 Session Start: Fri Feb 04 09:28:27 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 [09:32] * lesAway is now known as les [09:32] Hey Nihaba, flash that nicely formatted text about the `9:50 news comin up. [09:35] ok... [09:35] 1,4 Key Economic Report Alert -> 8,2 0945am est Consumer Sentiment <--- If volatility appears...be prepared to exploit such. [09:36] :) [09:36] 0,3 Long YM @ 10589.00 -> small size [09:39] 0,6 exit stop moved to breakeven YM @ 10589.00 [09:41] 0,2 Trailing Stop Hit YM @ 10589.00 --> 0 [09:43] Big gap up in bonds [09:45] Thanks Dan [09:46] TIme fer some stop-blowin report action [09:46] 0,3 Long YM @ 10600.00 -> small size [09:47] is the report out ? [09:47] nudder couple or so (they are pretty laid back) [09:47] :( [09:48] 0,6 exit stop moved to breakeven YM @ 10600.00 [09:48] 0,4 Shorts ES @ 1192.5 [09:48] :( [09:49] Unreal. [09:49] 0,4 Shorts ES @ 92.25 [09:49] 0,2 Trailing Stop Hit YM @ 10600.00 --> 0 [09:49] 0,4 Shorts ES @ 1191.75 [09:49] mich sent 95.5 vs 96 expected [09:51] 0,4 Shorts ES @ 1192.50 -> Add [09:52] 0,2 Covered all ES Short @ 1192 --> + 0.25 [09:53] 4 RED ALERT4 [09:54] Russians ? [09:54] 0,3 Buys ES @ 1193 4,0 ŤŤ paper ťť [09:55] Oh well...I gave it two good tries :) [09:55] No, that's REDS ALERT [09:55] though they were all confined to under the bed by now [09:55] 0,4 Shorts ES @ 1194 [10:01] 0,3 Long YM @ 10618.00 -> large size [10:01] 0,4 Shorts ES @ 1194.75 -> Add [10:01] 0,4 Shorts ES @ 95 -> Add [10:01] looking for YM 10650ish [10:01] :( [10:02] 0,6 exit stop set ES @ 1191.75 4,0 ŤŤ paper ťť [10:03] 0,3 Long YM @ 10624 -> Swing / Position Trade [10:04] 0,2 Exited 1/2 YM Long @ 10620.00 --> + 2 [10:04] i'd expect some resistance around 1196 on es [10:04] A lot of effort and very little profit to show for it :( [10:05] if it pushes easily thro this level we may be in for a ride up [10:05] 0,2 Trailing Stop Hit YM @ 10620.00 --> + 2 [10:05] two 5m candles on YM and ES getting some top tails [10:06] not on ER or NQ though [10:06] That was hit at 10618.00 and not 10620.00 [10:06] Breakeven on those remainders :( [10:06] if it doesnt reverse straight down we may get some sideways before resuming the uptrend [10:06] he hopes :) [10:07] Straight back down would be nice [10:07] no it wouldnt :) [10:07] :} [10:08] OK straight down and then a push to new highs [10:08] oh allright then, if u insist [10:08] 3 trades in a row in which it came within 1 or 2 ticks of getting me out at a pt1 [10:13] 0,4 Shorts YM @ 10610 [10:13] 0,2 Covered all ES Short @ 1194.25 --> + 0.25 [10:16] looks morenmore like consolidation before any higher, plan to scalp some shorts [10:17] yep - all the eminis look same like that [10:19] 0,2 Covered all ES Short @ 1195 --> - 2.5 [10:19] nas leading the rises [10:19] 0,2 Covered all ES Short @ 96 --> - 4.75 [10:19] Ignored my rules cost me half a point - shoulda bailed at 4.5 :( [10:20] 0,2 Covered all YM Short @ 10634 --> - 24 [10:20] Always follow the rules, anyways try to :) [10:20] ouch, that's gonna take a bit to make up for [10:21] more up coming up [10:22] 0,6 exit stop raised ES @ 1192.25 4,0 ŤŤ paper ťť [10:22] i don't think we shud have made a new HOD if we were going to consolidate [10:23] Quarter buyers on ES again? [10:24] 0,4 Shorts ES @ 95.75 [10:28] how 'bout another push to highs and then a nice sell off ? any takers ? [10:29] lets see how it holds up [10:30] we'll need a few more buyers to get thro here [10:31] lotsa old resistance @ 96 [10:31] 0,4 Shorts ES @ 1195.5 [10:31] 0,4 Shorts ER2 @ 634.00 -> large size [10:31] yes and YM from 1/12 and 1/18 at these levels [10:32] gm [10:32] 0,2 Covered all ES Short @ 95.75 --> 0 [10:33] 0,6 exit stop moved to breakeven ER2 @ 634.00 [10:34] 0,2 Trailing Stop Hit ER2 @ 634.00 --> 0 [10:34] 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. [10:35] 0,4 Shorts ER2 @ 633.60 -> large size [10:35] WHere's the Kaboom? There was supposed to be an Earth shattering Kaboom. [10:35] 0,4 Shorts ES @ 95.50 -> large size [10:36] earth not moving for ya fft? [10:36] tut [10:37] 0,2 Covered all ER2 Short @ 633.20 --> + 0.4 [10:37] I'm done for the day...last trade was an emotional trade after all the breakeven stop outs :( [10:38] 0,4 Shorts ES @ 1195.75 4,0 ŤŤ paper ťť [10:38] 4 ticks aint bad [10:39] 0,4 Shorts YM @ 10620 [10:42] * les is now known as lesAway [10:43] 0,2 Covered all ES Short @ 95.50 --> 0 [10:43] 0,3 Long YM @ 10625 [10:44] * NihabaAshi is now known as NihabaAshi_away [10:48] Jimmy...you need to post a trade to test the trade post script for us and to prevent from being banned from the room. Thanks. [10:48] Be back later. [10:49] 0,2 Covered all ES Short @ 1195.25 --> + 0.25 [10:49] I wonder what pig farming pays these days? :P [10:50] better than es, i hear [10:50] more than a tick i guess :) [10:50] lol [10:50] You'll still need to hedge against your crop and that will bring you back to good old FUTURES. [10:50] 0,4 Shorts ES @ 96.00 [10:50] 0,4 Shorts ES @ 96 [10:50] 0,4 Shorts YM @ 10623 4,0 ŤŤ paper ťť [10:50] unless u trade pigshit [10:51] is there a future for that ? [10:51] My trades today smell worse than that, lol [10:51] nah... [10:51] hey captn were u on a limit [10:51] but there's a huge market for it in parliament [10:51] or capitol hill, or wherever [10:53] else its back to orange juice, right fft? [10:53] Eggs - let's start trading frozen eggs again :) [10:53] watch it everyone... [10:54] fft just collared the hen market [10:54] 0,2 Covered 1/4 ES Short @ 93.50 --> + 2.5 [10:54] 95.50 [10:57] It's not uncommon for us to run up in the morning on a bad ConSent report, then come back in the PM - but I'm not sure this fits that model. [10:58] FFT dont forget the Chop in between [10:58] the next time it tests that high will most likely penetrate it [10:59] see 123high stop short er2 at 632.60 [10:59] yes emini, had an order in for a limit sell for 96.00 [10:59] 0,2 Covered 1/4 ES Short @ 95.50 --> + 0.5 [10:59] with very narrow stop - lol [10:59] same here :) [11:00] 0,2 Covered Remainder ES Short @ 96 --> 0 [11:00] figure it didnt break the third time, was time for a sell position [11:01] but should have retraced by now ???? [11:02] Geez, is that all people do nowadays is buy? Sheesh. ;) [11:02] 0,2 Covered all ES Short @ 96.5 --> - 0.5 [11:05] 0,2 Covered all YM Short @ 10633 --> - 10 4,0 ŤŤ paper ťť [11:05] Geez, is the Pope coming to Chicago or something? [11:07] 0,4 Shorts ES @ 1196.50 [11:12] 0,2 Exited all YM Long @ 10637 --> + 12 [11:12] nice one szu [11:13] 0,2 Covered all YM Short @ 10636 --> - 16 [11:13] short nq 1527 [11:13] I'm really in the hole now. [11:13] thank..have to re-boot my quotes froze! [11:13] 0,2 Covered all ES Short @ 1196 --> + 0.5 [11:14] u doing good on those scalps this am square64 [11:15] Thx. Don't trust this market. [11:15] 0,4 Shorts YM @ 10629 [11:18] gotta run , setting OCA order. [11:18] * Flashtrade is now known as Flash_away [11:19] covered all 1526.5 +0,5 [11:21] My Quotes Stopped had to re-boot [11:32] * lesAway is now known as les [11:33] 0,6 exit stop raised ES @ 1193.5 4,0 ŤŤ paper ťť [11:33] Geez, could ES really be ready to retest 97? :P [11:43] 0,4 Shorts ES @ 1195 [11:44] 0,3 Long ES @ 95.25 [11:46] 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. [11:52] 0,4 Shorts ER2 @ 633.4 4,0 ŤŤ paper ťť [11:56] * les is now known as lesAway [11:58] 0,4 Shorts ES @ 1195.25 -> Add [11:59] 0,2 Covered all ES Short @ 1194.75 --> + 0.75 [12:00] 0,2 Covered all ER2 Short @ 633 --> + 0.4 4,0 ŤŤ paper ťť [12:00] Could be a buy again at 93.50 [12:01] will not get to 93.50 atleast now will probably try to test the high [12:02] WHole lotta ES sellers came in and coudln't drive ES down :( [12:02] You may be right. Has to get through 96 first [12:03] SO many bulls, you'd think the price of steak would drop ;) [12:03] yep will probabably struggle near at 96.50 [12:08] 0,2 Exited 1/3 ES Long @ 96.25 --> + 1 [12:21] Got to go for the day. Good weekend all! [12:21] 0,2 Exited 1/3 ES Long @ 96.25 --> + 1 [12:29] 0,2 Exited 1/3 ES Long @ 96.75 --> + 1.5 [12:29] 0,6 exit stop moved to breakeven ES @ 95.25 [12:54] 0,2 Exited Remainder ES Long @ 97.25 --> + 2 [12:58] 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. [13:30] . [13:37] 0,3 Long ES @ 97.25 [13:37] DIA T & S mostly RED [13:41] 0,3 Long ES @ 1198.25 [13:41] 0,2 Exited 1/4 ES Long @ 98.50 --> + 1.25 [13:43] 0,2 Exited all ES Long @ 1198.25 --> 0 [13:43] 0,4 Shorts ES @ 1198.25 [13:43] sorry, I was short, not long. [13:50] 0,2 Exited 1/2 ES Long @ 97.75 --> + 0.5 [13:52] 0,2 Exited Remainder ES Long @ 97.25 --> 0 [13:54] 0,3 Long ES @ 96.75 -> small size [13:57] had a buy order but missed by 2 ticks [13:57] 0,2 Exited 1/3 ES Long @ 97.75 --> + 1 [13:57] : [13:57] (: [14:00] 0,3 Long ES @ 97.75 -> Add [14:03] 0,2 Exited 1/2 ES Long @ 98.50 --> + 0.75 [14:03] 0,2 Exited 1/4 ES Long @ 99 --> + 2.25 [14:04] nice trade emini [14:04] nice emini [14:04] thx expecting a b/o but friday jitters [14:07] 0,2 Exited ES Long @ 99 --> + 2.25 [14:07] 0,4 Reverse and Enter Short ES @ 99 [14:07] 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. [14:09] 0,4 Shorts YM @ 10675 [14:09] had a sell @ 10687 [14:09] 0,2 Covered 1/3 ES Short @ 98.50 --> + 0.5 [14:11] 0,2 Covered 1/3 ES Short @ 97.75 --> + 1.25 [14:12] 0,2 Covered ES Short @ 98.50 --> + 0.5 [14:12] 0,3 Reverse and Enter Long ES @ 98.50 [14:13] 0,4 Shorts ES @ 98.5 [14:13] 0,2 Covered all YM Short @ 10674 --> + 1 [14:13] not fighting this Monster [14:13] way too many trades today....... [14:14] emini..thats my biggest problem [14:14] brokers happy [14:14] for me [14:14] mine will be :) [14:14] friday jitters for me szu [14:16] 0,2 Exited all ES Long @ 98.50 --> 0 [14:16] think i'm done for the week [14:19] Trend day in ES :( [14:20] was expecting a test of 1200 with todays trend .... [14:26] Wasn't here, but looks like y'all ran into a bunch o sellers at 9.25. [14:29] was one them but chickened out [14:37] 0,2 Covered 1/3 ES Short @ 97.75 --> + 0.75 [14:38] stop on remaning 2/3 99.00 [14:42] moved stop to 99.5 [14:47] * Flash_away is now known as Flashtrade [14:47] 0,2 Covered all YM Short @ 10617 --> + 12 [14:47] that was my short from 11:15 [14:50] u got patience bud [14:50] anybody here into spread betting? [14:52] 0,3 Long ES @ 97 [14:53] couldn't resist but only 2 contracts [14:54] a qUick scalp to end the week MAYBE :) [14:57] 0,2 Exited 1/2 ES Long @ 97.75 --> + 0.75 [14:57] cuz of the trend day today my entire week is about break even [14:58] good for u Ft [14:58] It wiped out all profit. [14:59] oops i thought it was the other way round .......... [14:59] Not this time. [14:59] Flahs thats daytrading for you. [14:59] thought u had some winners today ? [15:00] Only 1 winner, 2 losers and holding position trade till close (entry at 10624) [15:00] gotta pick up kids now, BBL. [15:00] * Flashtrade is now known as Flash_pickkids [15:00] i think high may be tested ........... [15:01] yes..its 3PM [15:01] thats why coundn't resist the the trade szu [15:02] IF we double Top watch out! [15:03] will exit close to 99 [15:04] * lesAway is now known as les [15:04] 0,6 exit stop raised ES @ 1192.25 4,0 ŤŤ paper ťť [15:04] oops [15:05] 0,6 exit stop raised ES @ 1195.5 4,0 ŤŤ paper ťť [15:05] 0,4 Shorts YM @ 10680 [15:06] 0,2 Exited Remainder ES Long @ 99 --> + 2 [15:09] whats ur entry les [15:10] 0,4 Shorts YM @ 10676 4,0 ŤŤ paper ťť [15:11] 1193 [15:11] :) [15:12] that was @ 9:47 [15:12] did u scale out or holding all ? [15:13] scaled out half, but did not post that - happened too quickly [15:13] k [15:13] 0,2 Covered all YM Short @ 10679 --> + 1 [15:19] 0,2 Covered all YM Short @ 10675 --> + 1 4,0 ŤŤ paper ťť [15:19] 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. [15:20] * Flash_pickkids is now known as Flashtrade [15:20] 0,2 Exited remainder Long ES at 1199.25 --> + 6.25 4,0 ŤŤ paper ťť [15:21] excellent trade les [15:21] thx et [15:21] 0,3 Long YM @ 10680 [15:26] i broke my rules with that exit... [15:26] so know i'm hoping i called it right :) [15:27] had an inkling it might see 1201-ish tho [15:27] I am tempted to exit my YM too, Les, BUT I MUST HOLD TILL CLOSE [15:27] hehe u right of course [15:28] the systme always works better than my guesses [15:28] welll - not always, mostly [15:28] true. if we get out, it will close at high and if we stay in it may sell off in last 1/2 hour. [15:29] exactly [15:29] that's why the SYSTEM knows to stay in cuz the RULES say so. Darn authority. [15:29] :) [15:30] Easy day..just get Long and make easy $$$ eheheh [15:30] yeah - its heading up again [15:32] I probably will not have another reversal trade. Just watching the Position trade. [15:32] will be interested to se still if the exit rule proves better than my manual exit [15:32] the matter is still not settled [15:33] why did you manual exit ? [15:33] hehe [15:33] dont ask [15:33] 0,2 Exited all YM Long @ 10687 --> + 7 [15:33] just intuition [15:33] the formal reason however is: [15:34] if the answer is "I'm not sure", well, I think we've all done that . [15:34] "I think its not going any further than this" [15:34] hehehehe [15:34] i done that too many times [15:34] this wont affect the stats i'm collecting tho [15:35] will still be based on what the trade achieved acc to the rules [15:35] yes, I know what you mean. [15:35] when it comes to live, tho i'll havta watch that one [15:36] yes, i was just gonna say, if/when this method goes live it's do or die [15:36] wowo - up again [15:36] 0,2 Covered all ES Short @ 1201.50 --> - 3.25 [15:37] i'd like to contact the heavy metal band Pantera and see if they'll write a song called "Trend Day Killa" [15:37] hehe [15:38] if we can get to 10724 I'll have a 100 point day ! [15:38] nice [15:38] nice Flash [15:39] the system is -23 for the month so, it would be nice. [15:43] might hit 1206 at this rate [15:46] 1 0 7 1 4 +90 please don't sell off ! [15:51] cya monday [15:58] the opening price of the next candle is where my exit is supposed to have been [15:58] acc to the system's rules [15:59] 5m candle ? [15:59] 3min [16:00] exit at 10707 +83 for the YM position trade. [16:00] great one [16:00] yes.. very nice flash [16:01] 230 points year to date and +60 for the month [16:02] the system is mean to catch days like today early on. [16:02] 12 Where Les SHOULD'VE exited: Exited remainder Long ES at 1203.25 --> +10.25 [16:02] 4 points light thro that crap decsion [16:02] nice ! [16:02] oh, not nice, but nice. [16:02] still - the system worked very well [16:02] yep.. a beaut les [16:03] well, see you all Monday. have a great weekend. [16:03] that brings the Feb total to +9.75 [16:03] for this strategy [16:04] les, when do you think you may go live [16:04] maybe next week or the one after [16:04] oh, so soon, awesome [16:04] i want to be sure february is progressing at least as well as January went [16:04] i have backtested to 1st December [16:05] do you know approximately how many trades ? [16:05] and this sytem has proven itself very well prior to last summer [16:06] not offhand... but when it gives a signal, its only a single trade for the day [16:06] looking up [16:07] January had 9 no sig days [16:08] every other trading day was traded [16:08] 3 very good days... [16:09] +9.75, 11.25 and 13.25 [16:09] worst loss was -4.5, -3.0 and -2.5 [16:09] backtesting periods will vary on how long to test them depending on the trade strategy. the designer of the system will know if it needs to be tested over several years or several trades, etc. [16:10] this one has been tested over several years [16:10] i dont need to do that... [16:10] purpose of this testing is to verify whether the market conditions favout using it again [16:11] sounds good. gotta run take care [16:11] if the volatility es regained since november continues like this, i think it'll be ok [16:11] cu mon ft [16:31] 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. [17:43] 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. [18:55] 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. [18:58] * Disconnected Session Close: Fri Feb 04 18:58:52 2005