Session Start: Tue Feb 08 09:31:32 2005 Session Ident: #FuturesTrades [09:31] * Now talking in #FuturesTrades [09:31] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [09:33] Vixes opening where they left off -> suggests a rangey day [09:40] Yep, ES traders making a fortune with this opening :^) [09:42] 0,4 Shorts ES @ 1201 4,0 ŤŤ paper ťť [09:52] 0,3 Buys ES @ 1202.25 4,0 ŤŤ paper ťť [09:57] 0,3 Long ER2 @ 638.70 -> small size [09:58] 0,2 Covered all ES Short @ 1203 --> - 2 4,0 ŤŤ paper ťť [09:58] 0,4 Shorts ER2 @ 638.6 [10:00] 0,6 exit stop moved to breakeven ER2 @ 638.70 [10:02] 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. [10:02] 0,4 Shorts ES @ 1203.75 [10:03] 0,2 Exited 1/3 ER2 Long @ 639.30 --> + 0.6 [10:04] 0,4 Shorts ES @ 3.75 [10:07] 0,2 Covered all ES Short @ 1203.5 --> + 0.25 [10:07] Tuning up for the afternoon. [10:08] 0,2 Exited all ER2 Long @ 638.90 --> + 0.2 [10:11] 0,2 Exited 1/3 Long ES at 1204.25 --> + 2 4,0 ŤŤ paper ťť [10:12] oops... thats 1/2 i exited [10:12] 0,3 Long NQ @ 639.30 [10:12] er2 [10:12] 0,3 Long YM @ 10718 -> Swing / Position Trade [10:12] 0,2 Covered ES Short @ 4.75 --> - 1 [10:14] 0,6 exit stop raised ES @ 1200.75 4,0 ŤŤ paper ťť [10:14] 0,4 Shorts ES @ 1204.5 [10:14] 0,2 Exited all NQ Long @ 639,4 +1 --> + 639,4 +1 - 639.30 [10:18] 0,2 Covered all ES Short @ 1204 --> + 0.5 [10:18] 0,4 Shorts NQ @ 638.80 4,0 ŤŤ testing ťť [10:19] Jimmy...the script does the math for you. [10:20] no [10:20] Thus, you dont need to input + or -. [10:20] Just the specific number of the trade. [10:20] ok [10:20] 0,2 Covered all NQ Short @ 639 --> - 0.2 4,0 ŤŤ testing ťť [10:22] 0,4 Shorts YM @ 10717 4,0 ŤŤ Scalp ťť [10:25] let's see if we copy European markets again. today they rallied to previous day high and then sold off [10:26] 0,3 Long NQ @ 638.70 4,0 ŤŤ testing ťť [10:27] 0,4 Shorts ES @ 1204 [10:27] 0,2 Exited all NQ Long @ 639.70 --> + 1 4,0 ŤŤ testing ťť [10:29] 0,2 Covered all ES Short @ 1203.5 --> + 0.5 [10:30] 0,3 Long YM @ 10721 4,0 ŤŤ testing ťť [10:30] 0,2 Exited all YM Long @ 10725 --> + 4 4,0 ŤŤ testing ťť [10:30] 0,4 Shorts ES @ 1204.25 [10:30] if this doesnt push soon, we loking at a swing failure here [10:30] its trying [10:31] go boy [10:31] 0,4 Shorts ES @ 1205.25 -> Add [10:31] 0,3 Long ER2 @ 639.30 -> small size [10:31] 0,6 exit stop raised ES @ 1201.5 4,0 ŤŤ paper ťť [10:31] 0,4 Shorts ES @ 5.50 [10:32] 0,6 exit stop moved to breakeven ER2 @ 639.30 [10:34] 0,6 exit stop moved to breakeven ES @ 1202.25 4,0 ŤŤ paper ťť [10:37] 0,2 Exited all ER2 Long @ 639.40 --> + 0.1 [10:37] Be back later...important phone call. [10:38] Will also log off to do a reboot...computer problems and I got tech dept on the phone :( [10:38] * NihabaAshi is now known as NihabaAshi_pssst [10:42] 0,4 Shorts DAX @ 4380.5 [10:42] paper trade [10:43] * les is now known as lesAway [10:45] 0,3 Long YM @ 10737 [10:50] 0,2 Covered ES Short @ 4.50 --> + 1 [10:51] 0,2 Covered all ES Short @ 1204.75 --> 0 [10:52] Actually 3 contracts, small net profit. [10:53] Trouble is, the VWAP keeps rising so fast, it it now higher than the level at which I was scalping half an hour ago. [10:54] http://www.ttrader.com/mycharts/display.php?p=30923&u=flashtrade&a=Daytrades&id=661 [10:54] YM sure looks flagish [10:56] 0,2 Covered all ER2 Short @ 638.8 --> - 0.2 [10:57] 0,2 Covered all DAX Short @ 4378.5 --> + 2 4,0 ŤŤ paper ťť [10:57] But NQ and ER look like they're rolling over on 5m [11:05] 0,2 Exited all YM Long @ 10728 --> - 9 [11:07] 0,3 Long YM @ 10729 4,0 ŤŤ Scalp ťť [11:14] 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. [11:14] gm everyone [11:15] 0,3 Long YM @ 10731 [11:16] 0,2 Exited YM Long @ 10732 --> + 3 4,0 ŤŤ Scalp ťť [11:21] Euro just kicked in its Turbo Boosters.. +40 Points in 5 minutes [11:22] 0,2 Covered YM Short @ 10737 --> - 20 4,0 ŤŤ Scalp ťť [11:22] YM just bounced off of yesterdays high [11:24] yes Flash.. [11:26] 0,4 Shorts ES @ 1205.25 [11:28] Gotta reboot, brb [11:35] 0,3 Long ZB @ 116'290 [11:37] 0,2 Covered all ES Short @ 1204.75 --> + 0.5 [11:38] * lesAway is now known as les [11:39] looks like chop or top [11:41] lower high not good for my Long [11:42] if we're in chop, that wont matter [11:42] but i'm leaning a little more to top right now [11:43] all i know when i exit this trade i wont be back til 2PM [11:43] we''l see once it tests the previous low [11:43] we're still copying the European open. they ran up to previous day high or a little more and then sold off [11:44] which european indices dya mean flash? [11:44] DAX, FTSE and CAC [11:44] Europe sold off a bit more though [11:45] Flash agree.. looks like lower high is in the works here [11:45] i know the footsie ran up and down yesterday on the back Co results [11:46] 0,2 Exited all YM Long @ 10733 --> + 2 [11:46] I remember when I first started trading I noticed that U.S. often resembled European open and I actually made trades based on that. [11:46] I though I had the holy grail until........ [11:46] here comes test of previous low [11:46] it didn't match one day and I held on saying "it will do what Europe did" [11:46] hehe [11:47] the inevitable conclusion: [11:47] there is no holy grail [11:47] just guys trying to make a buck [11:48] i wonder how long it takes traders to realize this [11:48] all their lives :) [11:48] When you no longer see Mechanical Systems for Sale [11:48] i'm skeptical by nature but I still thought I "found something" . What an idiot I was [11:49] Green arrow Buy, Red arrow Sale :)) [11:50] see, see, the market wants to copy Europe !!!! it works, it works !!! :) [11:50] flash over here, the perception is much more that Eur mkts follow the US, not the other way round [11:51] over where ? [11:51] UK [11:51] oh, didn't know that's where you are . [11:52] everyone follows the U.S. don't they (insert arrogance flag here) [11:52] :} [11:52] depends [11:53] uh... yeah... riiiiight! [11:53] if Europe were a composite whole market [11:53] it would easily rival US as an economic entity [11:54] so then which leads or follows would become a different dynamic [11:55] well.. from what i understand.. les is such a wonderful dancer.. i think i would allow les to lead [11:55] ur so sweet pj [11:55] hehe [11:55] i be wearing my steel toed boots tho! [11:55] where are we going on our next date, dear? [11:56] hmm.... lets see.... [11:56] i havta be in by 11 [11:57] and i dont screw on the first date [11:57] well, not always [12:05] 0,2 stop hit ES @ 1202.25 --> 0 4,0 ŤŤ paper ťť [12:05] :( [12:05] argh [12:06] trade only made 2pts [12:06] but for a non-trend day, its ok [12:06] true [12:06] can MAD go both ways in the same day? [12:06] no [12:07] ok [12:07] once the price hits the entry sig, thats it [12:07] . [12:10] 0,3 Long ES @ 1203 [12:11] stalking a long here [12:12] There was resistance around here yesterday, and it is looking reasonable support now. [12:12] 0,3 Long ES @ 1202 -> Add [12:15] Perhaps now less reasonable [12:16] But I would add at 1200 [12:18] ES possible support also at 1199.50 from yesterdays low [12:18] * les is now known as lesAway [12:19] Yes, I think that looks OK [12:20] but it would be best if price were 'stretched' going into the support instead of creeping into it for your method right square ? [12:21] It would be altogether more to my taste, yes. [12:21] 0,4 Shorts ES @ 01.75 [12:22] Maybe Captn will help to bring tht about! [12:22] lol [12:22] :) [12:22] only for a quickie [12:23] That's OK. I think I am in sweat mode on this one. [12:23] i am so bored, placing stupid trades, few paid off few didnt [12:24] this one looks like its a didn't [12:25] i have a rule, i never normally trade when dow is less that 20 to 25 depending on the time of day [12:25] 0,4 Shorts DAX @ 4371 [12:25] don't be so hard on yourself captn, i place stupid trades even when i'm not bored [12:25] this defenently isnt one of those times [12:25] lol, or baybe not - lol [12:26] 0,3 Long ES @ 1200.50 -> Add [12:26] 0,2 Covered 1/2 ES Short @ 00.75 --> + 1 [12:26] * Disconnected Session Close: Tue Feb 08 12:26:24 2005 Session Start: Tue Feb 08 13:27:35 2005 Session Ident: #FuturesTrades [13:27] * Now talking in #FuturesTrades [13:27] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [13:35] 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. [13:36] trying to make me fell better about this trade 64 [13:37] supports on the 1 min chart should see if it will break [13:38] aggree, my stop is tight [13:38] so is mine :) [13:38] 03.50 [13:38] read my mind [13:39] 0,2 Covered all YM Short @ 10724 --> - 10 [13:40] Shorts not working for me so far [13:40] szu maybe u need to finetune the entry ? [13:42] 0,4 Shorts ES @ 1203 -> Add [13:42] just no retarcements, keeps going straight up [13:43] Yes, but so far it is quite a small move. [13:43] cant comment dont follow ym chart [13:45] 0,4 Shorts YM @ 10722 [13:57] 1 min holding up so far [14:01] 0,2 Exited all ES Long @ 1202.75 --> + 1 4,0 ŤŤ paper ťť [14:10] 0,2 Covered all YM Short @ 10728 --> - 6 [14:10] 0,3 Long YM @ 10728 [14:11] 0,2 Covered all ES Short @ 1203.5 --> - 1.5 [14:11] 0,2 Covered all ES Short @ 1203.50 --> - 1.5 [14:11] thank goodness [14:11] took me 3 Short Stop-outs to realize we not going down [14:11] geezz... [14:11] actually - 0.75 average [14:17] 0,4 Shorts ES @ 1203.5 -> Add [14:17] Rather late report, that was on the way up. [14:21] housing report ? [14:27] No, trade report [14:28] k [14:29] 0,4 Shorts YM @ 10737 4,0 ŤŤ paper ťť [14:29] 0,4 Shorts ER2 @ 638 [14:29] * Flash_lunch is now known as Flashtrade [14:29] 0,2 Covered 1/2 YM Short @ 10732 --> + 5 4,0 ŤŤ paper ťť [14:30] 0,2 Covered all ER2 Short @ 637.40 --> + 0.6 [14:30] 0,2 Exited all YM Long @ 10723 --> - 5 [14:31] 0,4 Shorts YM @ 10723 [14:31] 0,2 Covered all ES Short @ 1202.75 --> 0 [14:32] Again, 4 contracts, calculator does not get the averaging right. Small profit. [14:32] I was the wrong way round, in retrospect. But decided to sweat it out. [14:33] 0,2 Covered Remainder YM Short @ 10727 --> + 10 4,0 ŤŤ paper ťť [14:33] lets break this uptrendline and crash [14:34] I expect so. [14:39] YM sure is jumpy since lunch. [14:41] 0,4 Shorts ES @ 1203.5 [14:45] BREAK TRENDLINE ! [14:47] 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. [14:49] I think that trendline is wearing its Spidey Suit [14:51] Lets test it for 100th frikin Time! [14:52] 0,3 Long ES @ 1203.25 [14:53] * Flashtrade is now known as Flash_pickkids [14:57] 0,2 Covered all YM Short @ 10730 --> - 7 [14:57] 0,3 Long YM @ 10730 [14:57] 0,2 Covered all ES Short @ 1203.25 --> + 0.25 [15:00] 0,2 Exited 1/3 ES Long @ 1204.25 --> + 1 [15:05] 0,2 Exited all ES Long @ 1203.25 --> 0 [15:05] 0,2 Exited all YM Long @ 10729 --> - 1 [15:05] 0,4 Shorts YM @ 10729 [15:05] Shake, Rattle and Roll [15:06] u maybe right ? [15:10] This is going to break one way or the other, but 1204.50 is looking impregnable, for some reason. [15:11] lol...impregnable... [15:12] * Flash_pickkids is now known as Flashtrade [15:12] Gotta betta word? [15:13] u got me thinking :) [15:13] 0,4 Shorts ES @ 1204.25 -> small size [15:14] Brave man, this near the close [15:14] agree [15:14] failed 3 times here ???? [15:15] yes, but with higher lows each time [15:15] thats right [15:15] Vol weighted averge has been climbing steadily since 1pm [15:16] thats why its gotta retrace :) [15:18] Think it is quite well supported at about 1202 [15:18] yup thats my pt [15:18] Volume histogram has a sort of ledge below there. Thinner above. [15:19] 0,2 Covered 1/3 ES Short @ 1203.25 --> + 1 [15:19] That was first dip below the VW line. If I were you.... [15:20] I'd close my short here [15:20] Still holding daily position trade to the close, Entry was YM 10718 and stop is 3 ticks under LOD. [15:21] if it breaks down i want to hold a good entry stop @ b/e [15:21] Fair point [15:23] So your stop is at 1204.25? [15:24] yes next time it tests that high its going to go thru it [15:26] 0,2 Covered ES Short @ 1203.50 --> + 0.75 [15:26] 0,3 Reverse and Enter Long ES @ 1203.50 [15:27] waiting for cisco ?????? [15:28] Good short trade. But now we are in holding pattern. Is it logical to go long? [15:28] 0,3 Long YM @ 10730 4,0 ŤŤ Scalp ťť [15:28] this was just based on t & s small size [15:28] k [15:29] trying to catch the momemtum ( if there is any ) [15:30] I now have slight sinking feeling (direction 1201.25) but I am not going to play it [15:31] * Flashtrade is now known as Flash_away [15:31] difficult to read after 3.30 mine is a coin toss looking for a exit [15:32] Good luck. I'm signing off for the evening. [15:32] bye [15:32] 0,2 Exited YM Long @ 10731 --> + 1 4,0 ŤŤ Scalp ťť [15:32] :) [15:33] 0,2 Exited all ES Long @ 1203.50 --> 0 [15:34] bye all [15:34] oh yeah now we get some buying [15:34] 0,2 Covered all YM Short @ 10735 --> - 6 [15:34] 0,3 Long YM @ 10735 [15:34] of course i made an exit:) [15:35] me too [15:35] long exit ? [15:35] yep [15:35] we got suckered.................. [15:36] where were these goobers 3 minuntes ago? [15:36] think its time for some tea see ya all [15:40] 0,2 Exited all YM Long @ 10729 --> - 6 [15:40] 0,4 Shorts YM @ 10729 [15:45] 0,2 Covered all YM Short @ 10732 --> - 3 [15:46] enough of this Chop for today. [15:59] 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. [17:08] 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. [18:20] 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. [19:32] 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. [20:44] 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. [21:56] 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. [22:08] * Disconnected Session Close: Tue Feb 08 22:08:13 2005