Session Start: Tue Feb 15 00:00:00 2005 Session Ident: #FuturesTrades [00:13] test [00:13] You around Niha [01:03] 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. [01:35] howdy szu [01:35] you around [01:35] * Awash_afk is now known as Awash [02:15] 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. [03:27] 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. [04:39] 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. [05:32] * Disconnected Session Close: Tue Feb 15 05:32:20 2005 Session Start: Tue Feb 15 09:29:27 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] V me, Nihaba :) [09:31] 0,3 Long ES @ 1207.25 4,0 ŤŤ paper ťť [09:33] Turned into a real trade [09:34] 0,3 Long ES @ 1206.75 4,0 ŤŤ paper ťť [09:34] 0,2 Exited all ES Long @ 1206.75 --> - 0.5 [09:38] 0,3 Buys ES @ 1207.25 4,0 ŤŤ paper ťť [09:38] 0,4 Shorts NQ @ 1539.00 -> large size [09:39] 0,2 Exited all Long ES at 1206.5 --> - 0.75 4,0 ŤŤ paper ťť [09:39] 0,3 Long ES @ 1206.25 [09:43] 0,4 Shorts YM @ 10790 4,0 ŤŤ Scalp ťť [09:49] 0,2 Covered YM Short @ 10798 --> - 8 4,0 ŤŤ Scalp ťť [09:49] 0,4 Shorts DAX @ 4396 [09:49] 0,6 exit stop lowered NQ @ 1542.00 [09:51] 0,6 exit stop lowered NQ @ 1541.50 [09:54] 0,3 Buys ER2 @ 636.5 4,0 ŤŤ paper ťť [09:54] 0,2 Exited 1/3 ES Long @ 1207.25 --> + 1 [09:55] 0,2 Covered NQ Short @ 1541.00 --> - 2 [09:55] 0,3 Reverse and Enter Long NQ @ 1541.00 [09:56] Feels like yesterday's open so far :( [09:56] yes it does [09:56] likely to range until tomorrow [09:56] unfortunately [09:58] 0,2 Exited all ES Long @ 1207.50 --> + 0.75 4,0 ŤŤ paper ťť [09:58] 0,6 exit stop moved to breakeven NQ @ 1541.00 [09:58] 0,4 Shorts YM @ 10799 [09:59] However, yesterday we didn't have a 10am est key econ report... [09:59] Hopefully I can get some follow-through early on in comparison to yersterday. [09:59] 0,3 Long ES @ 1207.25 4,0 ŤŤ paper ťť [10:00] 0,4 Shorts ES @ 1207.5 [10:01] 0,2 Covered NQ Short @ 1541.00 --> 0 [10:01] 0,3 Reverse and Enter Long NQ @ 1541.00 [10:01] 0,2 Covered 1/2 YM Short @ 10791 --> + 8 [10:01] 0,2 Exited Remainder ES Long @ 1206.25 --> 0 [10:02] 0,6 exit stop moved to breakeven YM @ 10799 [10:02] Niha u mean Short? [10:02] 0,2 Covered all DAX Short @ 4398 --> - 2 [10:03] 0,4 Shorts DAX @ 4395 [10:04] 0,6 exit stop moved to breakeven NQ @ 1541.00 [10:05] 0,2 Covered 1/2 DAX Short @ 4394 --> + 1 [10:05] Yes...that's a Short Entry... [10:05] Will correct... [10:05] 0,2 Covered all YM Short @ 10799 --> 0 [10:05] 0,2 Exited NQ Long @ 1541.00 --> 0 [10:05] 0,4 Reverse and Enter Short NQ @ 1541.00 [10:06] 0,2 Trailing Stop Hit NQ @ 1541.00 --> 0 [10:06] Churning :( [10:06] 0,3 Long ES @ 1207.25 [10:06] 0,2 Covered all DAX Short @ 4396,5 --> + 4395 - 4396,5 [10:07] 0,2 Exited all ES Long @ 1207.5 --> + 0.25 4,0 ŤŤ paper ťť [10:08] 0,3 Long YM @ 10804 [10:08] 0,3 Long NQ @ 1543.00 -> large size [10:09] lets break out of this sorry Range.. [10:10] 0,6 exit stop moved to breakeven NQ @ 1543.00 [10:11] 0,6 exit stop raised NQ @ 1543.50 [10:11] 0,2 Covered all ES Short @ 1208.25 --> - 0.75 [10:12] 0,6 exit stop set ER2 @ 635.2 4,0 ŤŤ paper ťť [10:16] 0,4 Shorts ES @ 1208 [10:16] 0,2 Exited all YM Long @ 10804 --> 0 [10:17] 0,3 Long ES @ 8.25 [10:18] 0,3 Long ES @ 1208.50 -> Add [10:18] 0,3 Long YM @ 10812 [10:19] 0,6 exit stop raised ER2 @ 635.8 4,0 ŤŤ paper ťť [10:19] 0,2 Exited 1/2 NQ Long @ 1549.00 --> + 6 [10:19] 0,2 Covered all ES Short @ 1209 --> - 1 [10:19] 0,2 Exited 1/3 ES Long @ 1209 --> + 0.5 [10:20] 0,3 Long ES 1209.25 [10:20] 0,2 Exited ES Long @ 9.25 --> + 1 [10:21] 0,6 exit stop raised NQ @ 1545.00 [10:21] 0,2 Exited 1/3 ES Long @ 1209.50 --> + 2.25 [10:21] 0,6 exit stop raised NQ @ 1547.50 [10:21] 0,2 Exited 1/2 YM Long @ 10818 --> + 6 [10:21] 0,6 exit stop moved to breakeven YM @ 10812 [10:23] 02 Exited 1/2 ES Long 1208.75 --> -0.5 [10:23] Last Friday there was no key econ reports and same with yesterday... [10:23] Day's I struggle to be profitable. [10:24] 0,6 exit stop raised ER2 @ 636.1 4,0 ŤŤ paper ťť [10:24] Today there's key econ reports and the struggle isn't too hard. [10:24] 0,2 Exited 1/3 ES Long @ 1209.50 --> + 2.25 [10:25] 0,6 exit stop moved to breakeven ES @ 1207.25 [10:27] nice emini [10:27] thx szu yeah a good start [10:30] 0,3 Long ES @ 1210 -> Add [10:30] 0,2 Exited NQ Long @ 1553.50 --> + 10.5 [10:31] Holding just 2 contracts. [10:31] 0,6 exit stop raised ER2 @ 636.2 4,0 ŤŤ paper ťť [10:31] 0,6 exit stop raised ES @ 1206.75 [10:32] Really Nice Niha... [10:32] 0,6 exit stop moved to breakeven ER2 @ 636.5 4,0 ŤŤ paper ťť [10:32] 0,2 Exited 1/3 ES Long @ 1211.25 --> + 1.25 [10:32] Too bad I wasn't loaded on this one...I had scaled down the overall large size in comparison to my first two trades :( [10:33] 0,2 Exited NQ Long @ 1554.50 --> + 11.5 [10:33] Holding just 1 contract [10:34] 0,6 exit stop raised ES @ 1207.5 0,4 [10:35] 0,6 exit stop raised ER2 @ 637 4,0 ŤŤ paper ťť [10:36] 0,2 Exited 1/3 ES Long @ 1212 --> + 4.75 [10:36] 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. [10:37] 0,6 exit stop moved to breakeven ES @ 1210 [10:38] 0,6 exit stop raised ER2 @ 637.4 4,0 ŤŤ paper ťť [10:38] no trades for me today so far. do have a position trade though which I didn't get to post Long YM from 10807 holding to close. [10:39] good day to hold [10:40] yes..i have to target on runner, just holding it [10:40] 0,6 exit stop raised ES @ 1208.75 <0,4paper [10:41] start off by holding 1 contract szu should make the procrss easier [10:42] trading 1 contract was worthless IN THIS CURRENT MARKET [10:43] i'm talking about holding 1 contract of the entire lot size [10:44] szubaark...it takes a long time to get use to trading volatility... [10:44] and the rest u can scale out [10:44] It can be a double edge sword to increase contracts during good volatility conditions. [10:44] u r right niha .. it worked for me today [10:45] It's tougher psychologically too... [10:45] One day you take a big hit... [10:45] The next day you catch a big move... [10:45] The trick is to come out overall on those big days...come out with a profit. [10:45] If profit is small...wasn't worth it in my opinion and only the broker got rich. [10:46] i usually dont do it but was expecting a breakout either way today based on daily charts [10:48] since 11:30 on Friday the market has been consolidating. this breakout was bound to happen [10:48] yep [10:48] I was expecting a big move today with two consecutive days of no key econ reports. [10:50] 0,2 Exited all YM Long @ 10834 --> + 22 [10:51] yes, with trading volatility you really have to cherry pick your entries and cant overtrade [10:59] 0,2 Exited Remainder NQ Long @ 1561.00 --> + 18 [11:00] I overtraded last Friday and I had a headache all weekend and yesterday :( [11:06] 0,3 Long ES @ 1212.75 -> Add [11:07] 0,6 exit stop raised ES @ 1209.54Ťpaperť [11:29] 0,2 Exited all ES Long @ 1212.50 --> + 5 [11:31] looks like its calculated the avg but actually sold the lot buy 1212.75 and took 0.25 loss. still holding buy @ 1210 [11:31] nice... [11:32] idi not exit position yet szu .. but thx anyways [11:33] holding 2 contracts @ 1207.25 [11:36] 0,4 Shorts YM @ 10844 4,0 ŤŤ Scalp ťť [11:41] 0,3 Long YM @ 10841 4,0 ŤŤ Scalp ťť [11:42] 0,3 Long ES @ 1212 -> Add [11:44] 0,2 Covered YM Short @ 10838 --> + 6 4,0 ŤŤ Scalp ťť [11:45] 0,3 Long ES @ 1211.75 4,0 ŤŤ paper ťť [11:48] 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. [11:54] * les is now known as lesAway [11:54] will post any exits later [12:18] 0,2 Exited YM Long @ 10843 --> + 2 4,0 ŤŤ Scalp ťť [12:21] 0,3 Long YM @ 10841 [12:31] 0,3 Long YM @ 10837 4,0 ŤŤ Scalp ťť [12:33] 0,2 Exited YM Long @ 10842 --> + 5 4,0 ŤŤ Scalp ťť [12:34] that's what I was trying to do TLT, but price has dropped before it ran [12:34] * Flash_away is now known as Flashtrade [12:35] it "should" bounce from here but it dont act like it wants to [12:42] where are the buyers that missed the run ? [12:43] lunch maybe? [12:44] maybe its going to dip first to flush the weak longs [12:44] like me [12:44] a weak long right now [12:45] oh no i was talking about those other guys :) [12:48] technically it should not fall below 1209 on the ES if it does then probably a trend change ....... [12:49] u will prababaly find buyers coming in @ 1210-1211 if it heads back to that level [12:50] right now I'm just looking for a measly +5 by YM hitting 10846 [12:51] try to hold it will probably test the high and go thru it :) [12:52] so says my crystal ball............ :) [12:56] whoah, there's some kind of hawk trying to get through my screened in patio to get my cat ! [12:57] brb [12:57] 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. [12:58] Just last weekend I saw a hawk get a snake in my backyard. [13:01] ok, I now have a small hole in my screen. Is the food supply low ? Why the heck was that thing after my cat ? [13:01] maybe it just looked good enough to eat [13:02] yeah, it is a FAT cat, 13 pounds [13:02] thats real fat [13:02] lol, I know [13:03] 0,3 Long ES @ 11.5 [13:03] 13 pounds? what do ya feed it, small children? [13:03] Fat slow mice ;) [13:04] So what time is the trend scheduled to resume? [13:04] friday pm [13:04] he he he [13:04] traget 3 es ticks [13:04] target [13:06] stop 3 es ticks also [13:06] think its all you can do in this market [13:08] 0,2 Exited all YM Long @ 10833 --> - 8 [13:08] 0,2 Exited all ES Long @ 10.75 --> - 0.75 [13:12] 0,3 Long ES @ 1211 -> Add [13:21] Man, is Thurston Howeel the III keeping ES up or what? Sheesh. [13:22] yes I've heard that he got satellite installed on the island. [13:22] That bastid [13:23] 0,3 Long ES @ 1210 -> Add [13:26] ER is the weakest link TODAY. [13:28] 0,2 Exited all ES Long @ 1209.50 --> + 1.75 [13:28] WTF [13:29] no kidding FFT.. what was that? [13:29] any have news ? [13:30] thats a nasty 5min down candle [13:30] I dunno, but somebody was buying a lot of ES and they are apparently on the wrong side of this [13:31] Turnaround Tuesday? gotta love this [13:32] 0,3 Long YM @ 10813 [13:32] gonna try to capitalize [13:32] 0,2 Exited all Long ER2 at 637.5 --> + 1 4,0 ŤŤ paper ťť [13:33] emini good bail out on yur Longs [13:33] yep [13:34] off all my remaining contracts the avg entry was 1010 i did get a 0.5 loss on this trade [13:35] Musta been a sell program or 7 that kicked in [13:35] 0,2Exited al Long ES 1209.250,4Ťpaperť [13:35] good lord what happend ...futs were shooting like there is no tomorrow [13:35] dont know what the hell happened [13:35] oops [13:37] 0,2Exited all Long ES at 1209.25 --> +0.254,0Ťpaperť [13:47] 0,2 Exited all YM Long @ 10814 --> + 1 [13:55] Flah we hugging that uptrendline you talked about [13:55] Flah=Flash [13:57] didn't realize that. yep [14:09] 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. [14:12] 0,4 Shorts YM @ 10816 [14:15] 0,4 Shorts ES @ 1208.25 [14:17] 0,3 Long YM @ 10811 4,0 ŤŤ Scalp ťť [14:18] 0,2 Covered 1/3 ES Short @ 1207.25 --> + 1 [14:19] looks like futs may end up in red . [14:19] 0,2 Exited YM Long @ 10816 --> + 5 4,0 ŤŤ Scalp ťť [14:19] nice trader [14:19] thx [14:21] 0,2 Covered Remainder ES Short @ 1208.25 --> 0 [14:27] 0,2 Covered all YM Short @ 10825 --> - 9 [14:27] my signals are getting destroyed right now [14:28] 0,4 Shorts ES @ 1209 [14:28] im thinking ym 10830 shud now be at least a weak R [14:35] 0,2 Covered 1/3 ES Short @ 1208.25 --> + 0.75 [14:36] 0,2 Covered Remainder ES Short @ 1209 --> 0 [14:37] * lesAway is now known as les [14:45] S es 1209.. [14:46] 0,4 Shorts ES @ 1208.75 [14:46] 0,4 Shorts YM @ 10822 [14:47] im thinking short as well but dont have a sig yet [14:47] me too.. watching for more conformation [14:48] i'm on a losing streak so go long :> [14:48] Today is Fade Flashtrade day :) [14:49] that just means ur due [14:49] :} [14:51] i think 1210.00 is key level (sell below, buy above). 50% (1213.50/1206.50) , old high [14:54] right now we going up a little uptrendline from 1:30 [14:56] 0,2 Covered all ES Short @ 1209 --> - 0.25 [14:58] 0,4 Shorts ES @ 1209.50 [15:07] gotta run, bbl, setting OCA order for target and stop [15:09] no trades today for me. [15:09] cya tomorrow. [15:10] 0,2 Covered Remainder ES Short @ 1210 --> - 0.5 [15:21] 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. [15:24] unbelievable, another loser [15:24] 0,2 Covered all YM Short @ 10831 --> - 9 [15:25] slow, controlled upcreep [15:26] im trying to buy a dip [15:27] I passed about 3 Signals because of crap price action, all would have been LOSERS [15:31] now that i look back at my trades i see trades taken that should not have been taken. [15:31] this is the hard part of DISCRETION [15:31] some days you might just see things differently [15:32] yep i know eactly what u mean [15:34] Flash u took lots of Shorts, what were yur signals? [15:34] Geesh...just got back... [15:35] well szu, I use an indicator to show divergence from price action. the price action and divergence must "look real good"..... [15:36] Strong trend up and strong trend down... [15:36] this is the discretionary part........ [15:36] ER2 had a stronger trend downward. [15:37] when i look back at two of the shorts today, the price action was not good to consider the divergence [15:37] to enter short [15:37] right i didnt Short because the candles had lots of wicks and sticks on them= CHOP [15:38] EXACTLY [15:38] And with Indicator you'll get frikin' signals left and right. [15:38] as they say in sports, ya gotta "Get Your Head in the Game" [15:39] Just reviewed the charts...I wouldn't have gotten any Short signals during that power drop :( [15:39] yeah, Niha, that drop was a surprise to most [15:40] Anybody knows if NEWS caused it? [15:40] Looks like it...only way to trade those is via experience and intuition... [15:40] Or a strategy designed for such. [15:43] well, I do still have my Position trade. will close at the close. (entry at 10807) [15:44] * Flashtrade is now known as Flash_away [15:47] * Flash_away is now known as Flashtrade [15:47] Ah...finally see a signal... [15:48] If it took me that long to find it via hindsight review... [15:48] I would have NEVER seen it occurring in realtime :) [15:48] what'd'ya see ? [15:49] 0,4 Shorts YM @ 10836 [15:52] That special type of Head & Shoulders pattern I mentioned a few weeks ago that I was trying to fix the trade management of...it occurred in the Index of the Futures. [15:53] Looks like I got some homework this weekend to get that resolved :) [15:55] 0,3 Long YM @ 10834 4,0 ŤŤ Scalp ťť [15:58] 0,2 Covered all YM Short @ 10835 --> + 1 [15:58] oh, actually filled at 10834 [15:59] Position trade closed at 10835 +28 [15:59] 0,2 Exited YM Long @ 10839 --> + 5 4,0 ŤŤ Scalp ťť [16:30] 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. [17:42] 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. [18:54] 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. [20:03] 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. [21:15] 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. [21:47] test [21:47] test [21:47] test [21:55] * Disconnected Session Close: Tue Feb 15 21:55:44 2005