Session Start: Tue Mar 01 09:21:42 2005 Session Ident: #FuturesTrades [09:21] * Now talking in #FuturesTrades [09:21] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [09:27] 0,4 Shorts ES @ 1206 [09:33] 0,2 Covered all ES Short @ 1207.25 --> - 1.25 [09:34] 0,4 Shorts ES @ 1208.25 [09:38] 0,3 Long ER2 @ 636.90 -> small size [09:39] 0,6 exit stop moved to breakeven ER2 @ 636.90 [09:39] Geesh :( [09:39] Horrible entry...stop deserved to get hit. [09:40] 0,2 Trailing Stop Hit ER2 @ 636.90 --> 0 [09:40] 0,2 Covered all ES Short @ 1208.75 --> - 0.5 [09:45] 0,4 Shorts ER2 @ 636.50 -> large size [09:47] 0,4 Shorts ES @ 1209.25 -> medium size [09:51] :( [09:51] 0,6 exit stop moved to breakeven ER2 @ 636.50 [09:52] 0,2 Covered 1/2 ER2 Short @ 635.90 --> + 0.6 [09:53] This price action is giving me a headache :( [09:55] yes but nice profit Nihab and not over [09:55] Trying to hold on... [09:55] Yesterday I got shook out twice on good Short entries... [09:56] yes u called it right yest early on the short [09:56] Yep...hope to not have a repeat like yesterday (getting taken out of my trades too early before the big drop). [09:57] yes hope this a big one for you [09:57] u have great decipline i hope to learn from [09:57] Hmmm...starting to think I can get a better re-entry price... [09:58] 0,2 Covered all ER2 Short @ 636.40 --> + 0.1 [10:00] 0,2 Covered 1/2 ES Short @ 1208.75 --> + 0.5 [10:01] Crazy... [10:01] I'm sidelined...will just watch. [10:01] i never traded ER, man does it move crazy sometimes [10:02] When it gets like this...I don't like to be near it. [10:02] i understand that [10:05] 0,3 Long YM @ 10833 [10:06] I think every breakout trader and their momma is jumping on this :) [10:06] 0,2 Exited 1/2 YM Long @ 10838 --> + 5 [10:06] 0,6 exit stop moved to breakeven YM @ 10833 [10:07] 0,2 Exited all YM Long @ 10834 --> + 1 [10:07] :( [10:10] So much for that breakout :( [10:10] 0,4 Shorts ER2 @ 637.80 -> large size [10:14] Theirs a leak in the damm and it should have collapsed by now :( [10:16] 0,4 Shorts ES @ 1211.0 4,0 ŤŤ paper ťť [10:16] 0,6 exit stop moved to breakeven ER2 @ 637.80 [10:16] 0,4 Shorts YM @ 10830 [10:16] Late post... [10:17] 0,2 Covered 1/3 ER2 Short @ 637.80 --> 0 [10:17] Dumped some to reduce my risk. [10:18] It wasn't going down so I figure it must want to go up :) [10:19] 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. [10:21] I'm at a pt1 right now but will ignore covering some contracts... [10:21] Trying to get a pt2 to make up for those contracts I had dumped earlier at breakeven. [10:23] 0,2 Covered 1/3 ER2 Short @ 635.80 --> + 2 [10:24] 0,6 exit stop lowered ER2 @ 637.70 [10:24] Converting this day trade into a position trade... [10:24] Hopefully I can stay in the trade all the way till the close without my stop getting hit. [10:25] * les is now known as lesAway [10:26] 0,2 Covered Remainder ES Short @ 1210 --> - 0.75 [10:29] 0,2 Covered 1/2 YM Short @ 10823 --> + 7 [10:29] 0,6 exit stop moved to breakeven YM @ 10830 [10:32] Interestingly, stats say we will see a new RTH HOD or LOD. [10:34] 0,2 Covered all YM Short @ 10830 --> 0 [10:35] Geesh...I though ER2 was ready to die :( [10:35] Market's been different since last Monday [10:36] A week ago from yesterday, I mean [10:37] As usual niha... er2 not playing well with others! [10:37] Agree...not a good environment to not stick to the trading plan nor be trying something new. [10:38] I just hope the others don't make new intraday highs... [10:38] Such will encourage ER2 to eventually want to catch up. [10:38] First one that does make a new intraday high... [10:38] I'm dumping ER2. [10:39] 0,4 Shorts ES @ 1211 [10:41] [10:35] Market's been different since last Monday [10:41] 0,2 Covered ES Short @ 1211.25 --> - 0.25 [10:41] 0,3 Reverse and Enter Long ES @ 1211.25 [10:42] Wonder IF March expiration has anything to do with it? Lets hope after march expiration we dont come back to $200-300 day ranges! [10:42] 0,2 Exited 1/3 ES Long @ 1211.75 --> + 0.5 [10:43] 0,2 Exited Remainder ES Long @ 1211.25 --> 0 [10:43] :) [10:43] I was about to dump it at 637.00 [10:44] 0,2 Trailing Stop Hit ER2 @ 637.70 --> + 0.1 [10:44] Incorrect... [10:45] 0,6 exit stop lowered ER2 @ 637.00 [10:46] 0,4 Shorts ER2 @ 635.3 [10:53] Nihab, is there somewhere i can learn about pt1, pt2, etc., can talk later cause u busy with trading? [10:54] 0,2 Trailing Stop Hit ER2 @ 637.00 --> + 0.8 [10:59] 0,2 Covered all ER2 Short @ 635.8 --> - 0.5 [11:02] 0,4 Shorts ES @ 1209.75 [11:14] 0,3 Long ES @ 1209.25 -> small size [11:15] 0,2 Exited all ES Long @ 1208.75 --> - 0.5 [11:15] 0,2 Covered ER2 Short @ 633.80 --> + 4 [11:15] Holding 2 contracts into the close...hopefully. [11:18] Caught a pt4 on that... [11:18] Dougers...will respond in 20 mins...lunch guest just arrived. [11:18] Be back later... [11:18] np [11:24] 0,2 Covered ES Short @ 1209.50 --> + 0.25 [11:25] * NihabaAshi is now known as NihabaAshi_lunch [11:31] 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. [11:40] * NihabaAshi_lunch is now known as NihabaAshi [11:41] I'm gonna need to post some exits and re-entries and then close mIRC to clean it out... [11:41] I have an unposted re-entry trade...not sure why. [11:43] [10:54] Trailing Stop Hit ER2 @ 637.00 --> + 0.8 [11:43] That's incorrect...it's a stop lowered... [11:44] Twice today that's happen...I'm using a new script and my Stop Hit menu is right next to my Stop Lower menu...I could be hitting the wrong thing by accident. [11:45] Will change the script later today. [11:47] Here's the late post... [11:47] 0,6 exit stop lowered ER2 @ 636.00 [11:48] 0,2 Trailing Stop Hit ER2 @ 636.00 --> + 1.8 [11:53] No matter how many points the Eminis moves in your favor...its a very tough task to keep a position trade the whole day :( [11:53] That's the negative aspect about having good volatility. [11:54] yes niha, a trend day without any decent retracement is like once a month or so [11:54] Yep...its either day trade or swing trade... [11:55] Anything between like position trading...is difficult. [11:55] yeah, going by this do you suggest any changes to holding all day .. at least till the mrkt environment changes [11:56] Nothing comes to mind. [11:57] k [11:58] guess we can hold a minimum #contracts considering the low probability [12:03] 0,4 Shorts ES @ 1210.75 [12:04] * lesAway is now known as les [12:09] 0,2 Covered all ES Short @ 1210.25 --> + 0.5 [12:17] 0,3 Long ZN @ 109.750 [12:17] 0,6 exit stop set ZN @ 109.6875 [12:19] Gonna leave this on for the day. And perhaps for a couple. [12:28] me ? [12:43] 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. [12:44] . [12:52] 0,4 Shorts ES @ 1209 -> small size [12:53] 0,2 Covered all ES Short @ 1208.75 --> + 2.25 4,0 ŤŤ paper ťť [12:53] nice one [12:54] tnx...long wait [12:55] was worth it :) [12:56] 0,2 Covered all ES Short @ 1210.25 --> - 1.25 [12:58] 0,6 exit stop raised ZN @ 109.703125 [12:59] 0,3 Long NQ @ 1521.00 4,0 ŤŤ paper ťť [13:00] Be back in 10mins [13:00] * Disconnected Session Close: Tue Mar 01 13:00:20 2005 Session Start: Tue Mar 01 13:25:28 2005 Session Ident: #FuturesTrades [13:25] * Now talking in #FuturesTrades [13:25] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [13:26] 0,2 Exited all NQ Long @ 1517.50 --> - 3.5 4,0 ŤŤ paper ťť [13:27] 0,3 Long YM @ 10794 [13:37] 0,4 Shorts ES @ 1209.25 [13:46] Bad habit of moving stops to soon. [13:47] 0,4 Shorts ES @ 1210 -> Add [13:53] 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. [13:53] 0,2 Covered 1/2 ES Short @ 1209 --> + 1 [14:00] 0,2 Covered ES Short @ 1210.25 --> - 1 [14:00] 0,3 Reverse and Enter Long ES @ 1210.25 [14:03] 0,2 Exited all YM Long @ 10822 --> + 28 [14:03] nice szu [14:04] lol [14:04] emini i think u mean m618 [14:04] yep sorry szu [14:05] \*_*/ [14:05] trying to do too many things [14:05] yeah nice one m618 [14:06] emini im ready to fire a Short soon MAYBE [14:06] got burnt in shorts today [14:06] just watch out szu [14:07] pretty small,tight range anyways [14:08] if u want to short watch the 1212-1213 levels [14:09] will probably face resistence there [14:09] could set-up into a possible short [14:12] thanks eminitrader. Nice to start off the month with a winning trade, after the tough feb I had. [14:12] :) [14:13] 0,4 Shorts YM @ 10818 [14:19] sticky area here.. [14:20] see a large move coming ? [14:21] 0,2 Covered all YM Short @ 10821 --> - 3 [14:22] 0,3 Long YM @ 10823 [14:23] 0,2 Exited all YM Long @ 10817 --> - 6 [14:23] tough frikin range here [14:24] yep have a bias to the long side lets wait and see [14:25] 0,4 Shorts YM @ 10818 [14:29] nope she goin down [14:29] :) [14:30] unless they cleaning everyones pipes here [14:30] i'll add @1209.25 [14:31] 0,2 Covered 1/2 YM Short @ 10813 --> + 5 [14:31] takin some profit dont trust any of this here [14:38] 0,2 Covered all YM Short @ 10817 --> + 1 [14:38] :( [14:39] 5 trades for today. Im done trading. [14:39] i'm on my last one too [14:42] right..cant trade a flat pankcake [14:44] just not worth the risks...and the rewards.. pathetic [14:46] this is where newbies get slaughtered [14:52] 0,3 Long ES @ 1209.25 -> Add [15:00] cya all tomorrow [15:00] 0,2 Exited 1/3 ES Long @ 1210.50 --> + 1.25 [15:03] 0,2 Exited 1/3 ES Long @ 1211.25 --> + 1 [15:04] 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. [15:14] 0,2 Exited 1/3 ES Long @ 1212.50 --> + 2.25 [15:37] gj emini [15:38] thx captn 1st winning trade of the day [15:38] sweat pouring off forehead :) [15:38] yep still holding a couple [15:39] couple of what... [15:39] contracts ES [15:40] oh, i saw 3 1/3rds, thought you were done [15:40] there was a addon too [15:40] ah... [15:41] gottya [15:41] stop @1210.50 [15:44] 0,2 Exited Remainder ES Long @ 1210.50 --> + 0.25 [15:58] Exits all short from yest -7 [16:16] 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. [17:25] 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. [18:37] 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. [19:49] 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. [20:58] 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. [21:23] * Disconnected Session Close: Tue Mar 01 21:23:58 2005