Session Start: Thu Feb 17 09:31:59 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 [09:34] 0,3 Long ES @ 1210.75 4,0 ŤŤ paper ťť [09:45] 0,2 Exited 1/3 ES Long @ 1211.75 --> + 1 4,0 ŤŤ paper ťť [09:46] 0,3 Long YM @ 10837 4,0 ŤŤ Scalp ťť [09:49] 0,2 Exited YM Long @ 10840 --> + 3 4,0 ŤŤ Scalp ťť [09:49] 0,4 Shorts ER2 @ 640.40 -> small size [09:50] 0,4 Shorts ES @ 1211.50 [09:50] 0,3 Long YM @ 10840 [09:51] 0,6 exit stop moved to breakeven ER2 @ 640.40 [09:51] 0,2 Covered 1/3 ES Short @ 1211 --> + 0.5 [09:56] 0,3 Long YM @ 10836 [09:57] 0,2 Covered 1/3 ES Short @ 1210.50 --> + 1 [09:59] 0,2 Covered 1/3 ER2 Short @ 640.00 --> + 0.4 [10:00] 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. [10:00] 0,2 Covered ES Short @ 1210.75 --> + 0.75 [10:00] 0,3 Reverse and Enter Long ES @ 1210.75 [10:00] 0,2 Trailing Stop Hit ER2 @ 640.40 --> 0 [10:01] choppy [10:02] 0,2 Exited all ES Long @ 1210.75 --> 0 [10:03] 0,2 Exited all YM Long @ 10830 --> - 6 [10:03] 0,4 Shorts YM @ 10830 [10:04] 0,4 Shorts ER2 @ 639.40 -> large size [10:04] 0,2 Exited all YM Long @ 10828 --> - 12 [10:05] 0,3 Long ES @ 1210 [10:05] 0,3 Long ES @ 1210.00 4,0 ŤŤ paper ťť [10:06] Now ER2 decides to put up a fight while the others are showing a little weakness :( [10:06] hedge funds are eating each other alive in these index futs [10:06] That's what someone was explaining to me a few days ago. [10:07] 0,2 Exited all ES Long @ 1210 --> 0 [10:08] 0,2 Covered 1/3 ER2 Short @ 638.60 --> + 0.8 [10:09] 0,6 exit stop lowered ER2 @ 639.40 [10:09] 0,3 Long ES @ 1210 [10:10] 0,2 Exited all ES Long @ 1209.25 --> - 0.75 [10:10] Had to bump up the size a little to make up for those remainders that got pick pocketed in the prior trade at 640.40 [10:11] 0,2 Covered 1/2 YM Short @ 10819 --> + 11 [10:11] 0,2 Exited all ES Long @ 1209.00 --> - 1 4,0 ŤŤ paper ťť [10:11] 0,6 exit stop lowered ER2 @ 639.30 [10:11] 0,6 exit stop moved to breakeven YM @ 10830 [10:11] Man, trading ER takes nerves of steel. I should be in my short still, but I got shook out. Again. [10:11] 0,2 Covered 1/3 ER2 Short @ 637.40 --> + 2 [10:12] 0,3 Long ES @ 1207.50 4,0 ŤŤ paper ťť [10:13] Back to the 10800 level [10:13] 0,4 Shorts ES @ 1206.75 [10:14] 0,2 Exited all ES Long @ 1206.50 --> - 1 4,0 ŤŤ paper ťť [10:15] 0,2 Covered ER2 Short @ 636.00 --> + 3.4 [10:15] Still holding 2 contracts [10:16] sweet Niha. [10:16] very nice [10:16] 0,4 Shorts ES @ 1206.0 4,0 ŤŤ paper ťť [10:17] A 1k day so far :) [10:19] 0,4 Shorts ES @ 1206 [10:24] 0,6 exit stop lowered ER2 @ 638.40 [10:25] 0,3 Long ES @ 1205.75 [10:27] emini buying S1? [10:27] I think eminitrader just got something on sale :) [10:27] yep [10:27] :) [10:28] YM 10800 frikin brick wall [10:28] 0,2 Covered all ES Short @ 1205.75 --> + 0.25 4,0 ŤŤ paper ťť [10:28] can scalp and reverse short on the set-up if it works as per plan [10:28] Volatility is increasing...something will cause a strong price movement again. [10:31] NQ 90 degrees Price Drop! [10:32] 0,2 Exited all ES Long @ 1204.75 --> - 1 [10:32] 0,2 Covered 1/2 Short ES at 1204.75 --> + 2 [10:32] 0,2 Covered ER2 Short @ 634.30 --> + 5.1 [10:32] 0,2 Covered all ES Short @ 1203.75 --> + 2.25 [10:32] Holding just 1 contract [10:32] * FFTb nicknames #Futurestrades as #BearDen :) [10:33] 0,6 exit stop lowered ES @ 1207.5 [10:33] We at Monday's lows now [10:34] 0,6 exit stop lowered ER2 @ 635.80 [10:35] 0,2 Covered Remainder ER2 Short @ 632.80 --> + 6.6 [10:35] Nihaba, I think you got your trade of the month there :) Nice job [10:35] Month? thats a frikin trade of the year so far! [10:36] Yep...all I want is just one of those per month and don't care about the other days of struggling to make money. [10:37] 0,6 exit stop moved to breakeven ES @ 1206.75 [10:37] excellent trading niha. it shows... ihad an very good entry but did not manage iit... good job [10:38] 0,2 Covered all YM Short @ 10790 --> + 40 [10:38] Man, I shorted ER2 up at 640.30, and got shook when we couldn't bust through that resistance at ~63.7. Just before we tanked. Trading ER2 takes some zen-like focus [10:38] eminitrader...I was watching ES closely after your entry... [10:38] wtg Szu! [10:39] When it tested 1206.75 it did it so quickly...hard to react to that and get a trailing stop adjusted. [10:39] That was when I saw the fast change over in contracts increasing (volatility). [10:39] thanx FFT. [10:40] i meant the short at 1211.50 niha did not manage it well [10:40] anyone betting on a directional down day? [10:41] emini i see what u saying, you took 2 Ticks on that Short :( [10:41] but anyways guess i wouldn't have held as you did probaly exited with 4 pts [10:41] Wanna...I think this will bounce back upwards...maybe to where it started prior to the breakdown. [10:41] Decnet chance of that seeing as how we broke yesterdays LOD, WBAT [10:41] yep szu [10:41] yes Niha.. Nice Bounce off Monday's Lows here. [10:41] If I'm wrong...the daily picture slowly starts to become bearish. [10:42] Yesterday on the all-sess, I have a very nice doji [10:42] wont todays close influence it niha [10:42] on ES [10:43] emini...yes [10:44] On Russell daily we have Double Top hmmmm [10:46] so you are looking for a V bottom? [10:47] I'm looking for any kind of a bottom. [10:47] lol [10:51] 0,3 Long YM @ 10785 4,0 ŤŤ Scalp ťť [10:52] By the way...what prompted me to re-enter that Short and get large size what the fact I saw some Bearish Inverted Hammers with their upper Shadows giving clear resistance via the volume distribution occurring mainly in the range of that upper shadows... [10:53] I saw this on YM and ER2 3min chart and decided to go with ER2 instead of YM because ER2 tends to over-react more in comparison to YM. [10:54] Plus ER2 has a $10 tick movement compared to YM $5 tick movement :) [10:55] 0,2 Exited YM Long @ 10792 --> + 7 4,0 ŤŤ Scalp ťť [10:55] Niha when u get a chance or feel like it can u throw a chart with what u mean? [10:55] Yes...give me a few minutes. [10:55] Thanks Niha. [11:03] szu...its going to be about 10mins before I can post the charts... [11:12] 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. [11:13] ES bumping off yesterdays low [11:24] 0,4 Shorts ES @ 1205.75 [11:24] 12 Philadelphia Fed Survey [11:32] szu...ok...I just finish my 11am est chart journal updates for my live-recordings of Eurex... [11:32] Here's that chart of YM and ER2... [11:32] http://www.ttrader.com/mycharts/display.php?p=31248&u=intradaystrategies&a=Trade%20Analysis%20201&id=433 [11:32] It's via the 2min chart but YM also had the same bearish inverted hammer on its 3min chart (CBOT chart time). [11:33] ok. [11:34] Heh heh he, traders is tuff: http://www.timesonline.co.uk/article/0,,2-1487741,00.html [11:36] Great article... [11:37] Traders are tough especially when protesters show up while traders have their hard earned money on the line in the middle of trades :) [11:39] yeah good one FFT. People think trading is easy money uNTIL they try it. [11:39] gotta change locations be back later [11:40] More interesting is how these guys got past security [11:40] That would never happen in NY or Chicago [11:40] Fortunately. . . for the protestors, that is :) [11:40] Instead of just being kicked...they would be dead [11:44] If I was a floor trader with mostly a 500k to 1mil trade open and a bunch of protestors show up... [11:44] I'll be swinging a baseball bat. [11:45] lol!! [11:45] exactly NIha, that's like some nuns approaching a mosh pit at a Slayer concert saying "now, now boys" [11:45] :) [11:51] 0,4 Shorts ES @ 1205.25 4,0 ŤŤ paper ťť [11:54] Darn quarter buyers :P [11:55] kty niha for those charts ... [11:56] very helpful [11:57] Philly Blunt Survey in 3 Minutes [11:57] 0,2 Covered all ES Short @ 1204.75 --> + 1 [11:59] 0,2 Covered all ES Short @ 1205.25 --> 0 4,0 ŤŤ paper ťť [11:59] Your welcome [12:00] Those aren't my actual trading charts from FutureSource or QCharts... [12:00] I just like to use FutureSource generic charts because I have them setup already for auto downloading as an html file for such purposes. [12:01] 0,4 Shorts ES @ 1206 [12:02] 0,2 Covered 1/3 ES Short @ 1205.50 --> + 0.5 [12:03] 0,2 Covered Remainder ES Short @ 1206 --> 0 [12:03] 0,2 stop hit ES @ 1206.75 --> 0 [12:04] 0,4 Shorts ES @ 1206.50 [12:11] tough here, they doing the stairstep [12:11] i got burned too many times trading these suckers [12:12] 0,4 Shorts ES @ 1206.5 4,0 ŤŤ paper ťť [12:12] Uh oh, that's usually a bad sign if it hasn't ticked in my favor by the time I post :( [12:16] c u all later ...back to office ..thks [12:16] Cya Pat [12:17] later FFt [12:20] 0,2 Covered all ES Short @ 1207 --> - 0.5 4,0 ŤŤ paper ťť [12:21] 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. [12:26] 0,4 Shorts ES @ 1206.75 4,0 ŤŤ paper ťť Session Start: Thu Feb 17 12:47:28 2005 Session Ident: #FuturesTrades [12:47] * Now talking in #FuturesTrades [12:47] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [12:48] Good trading everyone. [12:48] * Flashtrade is now known as Flash_out [12:48] u leav'n right now [12:50] TLT, I'll monitor the rest of the day and keep mirc connected. NOt sure what day in the next few days that I'll be totally out of communication. [12:51] ok, hurry back :) [12:56] Be back later. [12:56] * Disconnected Session Close: Thu Feb 17 12:56:46 2005 Session Start: Thu Feb 17 14:48:16 2005 Session Ident: #FuturesTrades [14:48] * Now talking in #FuturesTrades [14:48] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [14:48] 0,2 Covered 1/2 YM Short @ 10778 --> + 9 [14:49] 0,6 exit stop moved to breakeven YM @ 10787 [14:49] nice catch guys [14:49] 0,4 Shorts ER2 @ 633.5 4,0 ŤŤ paper ťť [14:51] its kinda fun but these short time frame trades sure are a lot of work [14:52] yes TLT now its fun again [14:55] * Flash_out is now known as Flash_away [15:01] I'm starting to see some lower shadows over the last few 3min intervals. [15:02] Bottom pickers trying to grab something cheap. [15:02] 0,3 Long ES @ 1201.75 [15:03] like me :) [15:03] 0,2 Covered all ER2 Short @ 632.5 --> + 1 4,0 ŤŤ paper ťť [15:05] 0,2 Exited 1/3 ES Long @ 1202.75 --> + 1 [15:05] 0,3 Long YM @ 10775.00 -> large size [15:06] 0,2 Covered all YM Short @ 10776 --> + 11 [15:06] good one szu [15:06] thanx..ive made too many trades already. gave too much of my morning profits. [15:07] time to quit ??? [15:07] I'm just looking for a few ticks on this. [15:07] time to stop trading the afternoon fakeouts and chop! [15:08] yep its gambling szu i am getting sucked too [15:10] 0,2 Exited 1/3 ES Long @ 1202.75 --> + 1 [15:12] Bond market has closed...where's that late after noon rally off the bottom :( [15:14] 0,2 Exited all YM Long @ 10776.00 --> + 1 [15:14] I'm done for the day...didn't want to hold that one too long. [15:18] 0,2 Exited Remainder ES Long @ 1203 --> + 1.25 [15:20] done for the day see ya all [15:20] 0,3 Long YM @ 10776 [15:25] holding Position trade from 10826 short until close. [15:26] so a little rally to help my scalp and then sell into the close for the Position trade would be perfect [15:29] 0,4 Shorts YM @ 10772 [15:30] 0,2 Covered all YM Short @ 10769 --> + 3 [15:34] 0,3 Long YM @ 10775 [15:34] 0,3 Long ES @ 1203 [15:34] 0,4 Shorts YM @ 10779 4,0 ŤŤ Scalp ťť [15:36] 0,2 Exited all YM Long @ 10781 --> + 5 [15:36] 0,2 Exited 1/2 YM Long @ 10780 --> + 5 [15:36] 0,6 exit stop moved to breakeven YM @ 10775 [15:37] 5m chart 20 period moving avg resistance on ES/YM [15:38] that 5m 20 period moving avg provided S/R very frequently [15:38] I tried to create a strategy that uses it, but have not come up with it yet [15:40] 0,2 Covered YM Short @ 10784 --> - 5 4,0 ŤŤ Scalp ťť [15:44] ES/YM at intraday downtrend line [15:47] 0,2 Exited all YM Long @ 10779 --> + 4 [15:47] Flash.. ER New Lows [15:48] oh yeah, look at that sucker, now if it will bring YM down.... [15:54] 0,2 Exited ES Long @ 1202 --> - 1 [15:57] 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. [16:00] covering Position trade at 10760 [16:00] +66 [16:06] cya tomorrow guys [17:09] 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. [18:21] 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. [19:25] * Disconnected Session Close: Thu Feb 17 19:25:36 2005