Session Start: Wed Feb 09 09:34:15 2005 Session Ident: #FuturesTrades [09:34] * Now talking in #FuturesTrades [09:34] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [09:34] 0,4 Shorts ES @ 1203 [09:34] 0,4 Shorts ES @ 1203.25 [09:34] morn guys [09:34] mega huge size [09:39] 0,2 Covered all ES Short @ 1204 --> - 1 [09:41] 0,4 Shorts YM @ 10735.00 -> small size [09:42] 0,6 exit stop moved to breakeven YM @ 10735.00 [09:45] 0,4 Shorts YM @ 10731 [09:46] 0,2 Covered 1/3 YM Short @ 10728.00 --> + 7 [09:46] 0,2 Covered 1/2 ES Short @ 1202.50 --> + 0.75 [09:47] 0,4 Shorts DAX @ 4387 4,0 ŤŤ paper ťť [09:47] 0,6 exit stop lowered YM @ 10734.00 [09:48] 0,4 Shorts ES @ 1202.5 4,0 ŤŤ paper ťť [09:49] 0,4 Shorts ES @ 1203 [09:49] 0,2 Covered all DAX Short @ 4385.5 --> + 1.5 4,0 ŤŤ paper ťť [09:49] 0,2 Covered 1/2 YM Short @ 10730 --> + 1 [09:50] 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. [09:51] 0,2 Covered ES Short @ 1201.75 --> + 1.25 [09:51] 0,2 Covered 1/4 ES Short @ 1202 --> + 1.25 [09:55] ER2 spilling its guts. [09:55] yes [09:55] seems to do that quite often [09:55] its amazing to see how these index derivatives move these days [09:56] 0,2 Covered Remainder ES Short @ 1201.75 --> + 1.5 [09:58] hedge funds are eating each other alive in those things [10:00] 0,2 Covered all YM Short @ 10729 --> + 2 [10:00] 0,2 Covered YM Short @ 10730.00 --> + 5 [10:00] 0,3 Reverse and Enter Long YM @ 10730.00 [10:01] 0,6 exit stop moved to breakeven YM @ 10730.00 [10:02] 0,4 Shorts ES @ 1203 [10:05] 0,3 Long YM @ 10735 [10:05] 0,2 Exited 1/2 YM Long @ 10737.00 --> + 7 [10:06] 0,6 exit stop raised YM @ 10731.00 [10:08] 0,2 Exited all YM Long @ 10732 --> - 3 [10:09] 0,4 Shorts YM @ 10730 [10:09] 0,2 Trailing Stop Hit YM @ 10731.00 --> + 1 [10:10] ER2 falling apart [10:11] 0,2 Covered 1/2 YM Short @ 10719 --> + 11 [10:11] 0,4 Shorts ES @ 1201.25 4,0 ŤŤ paper ťť [10:12] 0,4 Shorts YM @ 10717.00 -> large size [10:12] 0,6 exit stop moved to breakeven YM @ 10730 [10:12] 0,2 Covered all YM Short @ 10713.00 --> + 4 [10:12] 0,2 Covered all ES Short @ 199.75 --> + 1003.25 [10:13] Oh yEah! [10:13] 0,2 Covered all ES Short @ 1199.75 --> + 3.25 [10:13] That's what happens when your data stops dead...I panick and dumped it all :( [10:13] 0,2 Covered 1/2 Short ES at 1199.25 --> + 2 4,0 ŤŤ paper ťť [10:13] anyone use Interactive Brokers having issues ? [10:14] nice fft [10:14] fine here Flash [10:14] Wish I was still short :( [10:14] I do, and it's working fine (so far) [10:14] no problem here [10:14] fine for me IB [10:14] ok thanks [10:14] Trend day :) [10:14] intermitant here [10:14] rub it in FFT [10:14] 0,6 exit stop lowered ES @ 1202.25 4,0 ŤŤ paper ťť [10:15] 0,4 Shorts DAX @ 4372 4,0 ŤŤ paper ťť [10:15] ER2 is freaking out [10:15] LOL, I usually get killed on days like this - still don't have a real, fully fleshed out plan for trend days. [10:15] 0,2 Covered all DAX Short @ 4370 --> + 2 4,0 ŤŤ paper ťť [10:15] 0,4 Shorts ES @ 1198.5 [10:15] (Paper) [10:16] Did the Wholesale Trade report get released on time or was it released just minutes ago ??? [10:16] oops forgot to post the Position trade............. [10:16] Relased at 10 (supposedly) [10:16] 10am est was the schedule release. [10:16] That too [10:16] 0,4 Shorts YM @ 10718 -> Swing / Position Trade [10:17] ADR is still over two points higher for ES (FWIW) [10:18] 0,3 Long DAX @ 4372 4,0 ŤŤ paper ťť [10:18] 0,3 Long YM @ 10703 [10:19] 0,4 Shorts ES @ 1199 -> Add 4,0 ŤŤ paper ťť [10:20] down time [10:21] 0,2 Exited all DAX Long @ 4373 --> + 1 4,0 ŤŤ paper ťť [10:21] Potential double bottom on DJIA 1 min [10:21] Nope [10:21] Nice overreaction to the reports...either delay reaction to the 10am numbers or some of the big boys dumped a load prior to the 1030am est EIA Petroleum Report... [10:21] 0,2 Exited all YM Long @ 10695 --> - 8 [10:21] Or its news related. [10:22] 0,4 Shorts DAX @ 4369 4,0 ŤŤ paper ťť [10:22] 0,6 exit stop moved to breakeven ES @ 1201.25 4,0 ŤŤ paper ťť [10:22] 0,4 Shorts YM @ 10686.00 -> large size [10:23] 0,2 Covered all ES Short @ 1197.25 --> + 3 4,0 ŤŤ paper ťť [10:23] 0,2 Covered all YM Short @ 10686.00 --> 0 [10:23] 0,2 Covered all ES Short @ 1197.5 --> + 5 4,0 ŤŤ paper ťť [10:23] Had my +5 points but then the sucker bounced to take my stop :( [10:24] 0,3 Long YM @ 10688 [10:24] TICK put in a higher low [10:24] 0,2 Covered all DAX Short @ 4366 --> + 3 4,0 ŤŤ paper ťť [10:25] 0,6 exit stop lowered ES @ 1200.75 4,0 ŤŤ paper ťť [10:27] 0,2 Exited all YM Long @ 10692 --> + 4 [10:28] 0,6 exit stop set YM @ 10720 [10:32] going down... [10:32] we have lingerie and lawnmowers in the basement [10:32] now there's a sight [10:33] 0,4 Shorts YM @ 19680.00 -> large size [10:34] 0,6 exit stop lowered ES @ 1199.5 4,0 ŤŤ paper ťť [10:34] I got a bigtime bearish continuation signal but the deep drop prior may not allow for much follow through...however...gotta always take my signals. [10:34] Niha u mean 10680 [10:35] Yes...will correct... [10:35] 0,4 Shorts YM @ 10680.00 -> large size [10:35] 0,3 Long YM @ 10683 [10:37] 0,2 Exited all YM Long @ 10684 --> + 1 [10:38] :( [10:39] Looks like YM stuck at 10680 [10:40] 0,2 Covered all YM Short @ 10681 --> + 49 [10:40] wtg szu [10:40] thanks..i needed that [10:41] whoah, nice SZU [10:41] 0,2 Covered all YM Short @ 10679.00 --> + 1 [10:42] Just saw that white hammer on the 2min chart that formed after my Short entry :( [10:43] Not strong enough to tell me to reverse my position...but strong enough to spook me a little. [10:45] Trend days are always a little spooky - the frightening and exihirating power of the herd in a stampede. [10:46] 0,3 Long ES @ 95.75 [10:46] * FFT is now known as EasyBeat [10:46] Say, what ever happened to this guy? [10:46] * EasyBeat is now known as FFT [10:47] dunno... joop seems to have disappeared as well [10:47] 0,2 Exited ES Long @ 96.75 --> + 1 [10:48] It's a scary biz we're in. Once i looked back at an old #futurestrades log - lotta of folks vanished :( [10:48] 0,3 Long YM @ 10683 4,0 ŤŤ paper ťť [10:48] Nice bounce JP [10:48] yes. I've lost a lot of good friends to the game. :)) [10:48] tx [10:49] Ya know who I haven't seen in a long time, Jazz. [10:49] 0,2 Exited all YM Long @ 10688 --> + 5 4,0 ŤŤ paper ťť [10:50] 0,3 Long YM @ 10687 [10:51] wonder where Mr.Matrix is [10:51] Jazz is still trading and making good money...he just doesn't like going into the chat rooms. [10:59] Yeah. Man is an inspired trader, dunno how he can pull out those big trades like that. [11:02] 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. [11:05] I was wondering why Hang Sang wasnt open today-> Chinese New Year! [11:05] yeah it's closed all week. [11:05] Rooster year [11:06] gotta reboot [11:06] geez.. i was re-booting my computer, checking Internet Connection... [11:06] lol [11:07] 0,4 Shorts ES @ 1197.5 4,0 ŤŤ paper ťť [11:09] just got off the phone with IB. they're going to reboot their servers in 10 - 15 minutes [11:10] Great :P [11:10] Thanks for the warning tho [11:10] Hopefully they'll just reboot the ones that are having probs [11:11] i thot my problems were isp since esignal is doing the same thing [11:11] exactly, so if you were not losing data from your platform it may not affect you [11:12] 0,2 Covered 1/3 ES Short @ 1196.25 --> + 1.25 4,0 ŤŤ paper ťť [11:21] 0,2 Exited all YM Long @ 10692 --> + 5 [11:27] 0,4 Shorts YM @ 10688 4,0 ŤŤ Scalp ťť [11:30] 0,2 Covered YM Short @ 10684 --> + 4 4,0 ŤŤ Scalp ťť [12:07] * Flashtrade is now known as Flash_away [12:11] 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. [12:27] This triangle ready to break anytime now [12:39] looks like all of u had an exiting am... [12:39] Yes, I missed it too. What happened? [12:40] had to take my kid to the doc [12:41] flu [12:41] Tough. Hope it gets better fast. [12:41] And the market? [12:42] almost a 10 pt drop on the ES :) [12:42] thx sauare64 [12:42] IF you blinked, you missed it. [12:43] So I see. But no bounce. [12:43] * NihabaAshi is now known as NihabaAshi_lunch [12:43] drop the kind that we love [12:44] choppy until lunch i guess [12:45] It may be one of those days when "they" come in hard at about 1.15 and it shoots back up [12:46] I am going to give it a miss until something happens. These square waves are too dangerous [12:46] yup [12:50] This is where i usually get chopped up Brutally.. Im getting smart. [12:54] * les is now known as lesAway [12:54] 0,6 exit stop lowered ES @ 1199.25 4,0 ŤŤ paper ťť [13:05] * FFT adds that third he covered back to his short at 1197.5 [13:05] paper [13:06] 0,4 Shorts ES @ 1197.75 -> medium size [13:07] 0,4 Shorts ES @ 1197 [13:07] I am not totally convinced about this. [13:08] short term res @ 88 quick scalp maybe [13:08] meant 98 [13:09] But 1200 looks more serious resistance. [13:10] if it hits 1200 i think it means chane of trend after a retrace from there [13:11] again u never know :) [13:11] 0,4 Shorts ES @ 97.75 [13:12] 1,4Red Alert1,0 Lots of 4red1 in #FuturesTrades :( [13:19] be back in a min [13:23] 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. [13:39] 0,2 Covered all ES Short @ 97.25 --> + 0.5 [13:40] correction 97.75 [13:40] b/e [13:40] :) [13:40] no time for this.... [13:40] fell of my chair, nearly broke my neck... [13:42] 0,2 Covered all ES Short @ 97.75 --> + 1100 [13:42] :):):) [13:42] Congratulations! 1100 points [13:43] 1197.75 b/e [13:43] hawaii here i come...... [13:44] i still think it will test the low [13:45] I am still hanging in for a recross of the moving average (1197 at present) [13:46] my ma's showe temp support on the 1 min chart [13:46] @ 97 [13:53] 0,4 Shorts ES @ 1198 -> Add [13:53] 0,4 Shorts ES @ 98.50 -> small size [13:56] 0,6 exit stop moved to breakeven ES @ 98.50 [13:57] 0,3 Long ES @ 98.00 [13:57] 0,4 Shorts YM @ 10698 [13:58] 0,4 Shorts ZF @ 109-235 [13:58] 0,2 Covered 1/3 ES Short @ 97.25 --> + 1.25 [13:59] what will the 2pm mad rush bring us ? [14:00] * Flash_away is now known as Flashtrade [14:00] Renewed program selling, I hope [14:00] test of the low :) [14:01] 2pm, Hit It! [14:01] 0,2 Covered all ES Short @ 1197 --> + 1 [14:02] My normal exit at VWMA. May be much more to go for, of course [14:03] 0,2 Covered 1/3 ES Short @ 96.75 --> + 1.75 [14:03] nice trader [14:03] thx [14:03] 0,2 Covered all YM Short @ 10690 --> + 8 [14:03] * NihabaAshi_lunch is now known as NihabaAshi [14:04] love those 2 pm'ers [14:04] 0,2 Covered 1/3 ES Short @ 96 --> + 2.5 [14:04] They rite on time today! [14:04] flash which ones? [14:05] 0,4 Shorts ER2 @ 630.40 -> large size [14:05] the ones with big money that are going in the direction of my current trade :} [14:05] lol [14:07] just call them "THEY" [14:07] 0,2 Covered all ER2 Short @ 630.40 --> 0 [14:07] If you trade it, THEY will come. [14:08] Couldn't get 630.20 so I took breakeven :( [14:08] 0,2 Covered all ES Short @ 1195.5 --> + 2 4,0 ŤŤ paper ťť [14:08] Turned into a real trade :) [14:08] Now it breaks that support area :( [14:08] I will hold my YM Position Trade (short at 10718) until the close. Hopefully FFT is right about trend day. [14:08] Trend day, like somebody said :) [14:09] 0,2 Covered Remainder ES Short @ 94.50 --> + 4 [14:10] I've got such a swelled ego now that I can't even trade lol [14:10] I'm done for the day... [14:10] Me too [14:10] Had two very large positions today as Short get played with and then drop as soon as I dumped them :( [14:12] yeah i know Niha.. you had Short this morning you exited too early also :( [14:13] The one this morning was more of a data problem... [14:13] I couldn't see what was going on when everything on my computer stalled for about a minute. [14:13] That minute felt like a year :( [14:14] Had that not happen...I'll still be holding some remainders from that position and saving tons on comissions :) [14:14] Yet...still a good trading day. [14:14] ES, NQ, ER2 made new lows but YM just formed a hammer-lookin-thing AT it's LOD. [14:14] ON 5m [14:15] 0,3 Long YM @ 10680 4,0 ŤŤ paper ťť [14:16] Tough hammer to play...had that prior dark candlestick had more voluem...the Hammeer would be easier to manage. [14:17] would you have liked more volume on the hammer itself too ? [14:19] No...the volume on the Hammer was just about right for my tast...the problem I had was with the prior candlestick volume. [14:20] 0,3 Long ES @ 94.50 [14:21] I just still feel like there's a lot of sellers still hanging around or shorts getting very greedy (holding their positions). [14:21] * lesAway is now known as les [14:21] 0,6 exit stop lowered ES @ 1197.75 4,0 ŤŤ paper ťť [14:21] 0,3 Long YM @ 10679 [14:21] agree niha [14:22] That prior dark candlestick...had it been via a HUGE volume spike...it would have give more merit to that white hammer line with a short lower shadow that's not very long in comparison to the prior shadows. [14:24] Gotta love trading on Wednesday's...its the one day I don't want to miss. [14:24] * NihabaAshi is now known as NihabaAshi_away [14:24] 0,4 Shorts YM @ 10673 [14:25] here we go [14:25] 0,2 Exited ES Long @ 93.50 --> - 1 [14:25] 0,2 Exited all YM Long @ 10670 --> - 10 4,0 ŤŤ paper ťť [14:25] 0,2 Exited all YM Long @ 10671 --> - 8 [14:30] how 'bout that for a 5m hammer on ES or NQ ? [14:32] YM 5min chart just produced a a very long lower shadow dark hammer with the following interval currently as a white line... [14:33] I'm stalking a long on YM on 1m chart. [14:33] If the white line stays intact and completes its interval as such without moving up another 3 or 4 points...that's something I like to trade. [14:33] * NihabaAshi_away is now known as NihabaAshi [14:33] 0,2 Covered all YM Short @ 10679 --> - 6 [14:33] 0,3 Long YM @ 10680 [14:34] Any entry in the range of that dark hammer long lower shadow is ideal. [14:35] Preferred :) [14:35] 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. [14:37] * NihabaAshi is now known as NihabaAshi_away [14:45] 0,4 Shorts YM @ 10682 [14:51] * Papa777 is now known as PapaJon [14:52] 0,2 Covered all ZF Short @ 109-265 --> + 109-235 - 109-265 [14:53] has anyone seen the TV commercial with the "OK" button. Wish I had one right now. [14:55] 0,2 Covered 1/2 YM Short @ 10679 --> + 3 [14:55] OCA order is set, be back in a bit, we'll see what happened. [14:55] * Flashtrade is now known as Flash_away [14:55] 0,6 exit stop moved to breakeven YM @ 10682 [15:00] 0,2 Covered all YM Short @ 10682 --> 0 [15:06] 0,4 Shorts YM @ 10674 [15:10] * Flash_away is now known as Flashtrade [15:10] wow, YM my long is still there [15:14] 0,2 Covered all YM Short @ 10674 --> 0 [15:14] 0,3 Long YM @ 10672 4,0 ŤŤ paper ťť [15:20] 0,2 Exited 1/2 YM Long @ 10680 --> + 8 4,0 ŤŤ paper ťť [15:21] 0,2 Exited Remainder YM Long @ 10685 --> + 13 4,0 ŤŤ paper ťť [15:28] 0,4 Shorts YM @ 10685 [15:29] 0,2 Exited all YM Long @ 10689 --> + 9 [15:29] I feel like I just ran 10 miles [15:31] i feel like i bent over in a prison shower [15:31] that's worse than a run LOL [15:35] i agree. [15:38] 0,2 Covered all YM Short @ 10684 --> + 1 [15:38] TL now officially stands for Tough Luck [15:42] 0,6 exit stop lowered ES @ 1196.5 4,0 ŤŤ paper ťť [15:43] 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. [15:49] les is that your market on close order there [15:49] no [15:50] order's not placed.. [15:50] exit manually @ 9 [15:50] c'mon es break down [15:54] 0,6 exit stop lowered ES @ 1194.25 4,0 ŤŤ paper ťť [15:54] let's see if this picks up steam [15:54] would be nice end to the day [15:58] 0,2 Covered remainder Short ES at 1192.25 --> + 9 4,0 ŤŤ paper ťť [15:58] thats good enough for me [15:59] made another 2 points on the other contract [15:59] Position trade covered at 10665 +53 +114 month to date and +284 year to date. [16:00] nice stuff [16:00] are you going live next week ? [16:00] probably [16:01] nice flash on position trades [16:02] thanks, i play reversal mainly so trend days kill me, but this posistion system thrives on trend days [16:02] month total for feb so far is 22.25 es [16:02] a lot better than i expected at this stage [16:02] that's Great [16:03] hope this keeps up next week :) [16:03] are u guys S overall in positiontrade? [16:03] ? [16:04] i mean u are stil Short in positon trades or covering here? [16:04] i'm out [16:04] kty les [16:04] 1192.25 [16:04] my position trades get in and out in the same day. never holds overnight. [16:04] same here [16:05] kty flash i c [16:05] cu guys tomorrow [16:05] see ya all [16:32] cya tomorrow! Bye all [16:56] 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. [18:02] * Disconnected Session Close: Wed Feb 09 18:02:12 2005