Session Start: Thu Mar 10 09:30:42 2005 Session Ident: #FuturesTrades [09:30] * Now talking in #FuturesTrades [09:30] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [09:31] morn folks [09:34] Reminder: Eminis rollover today...from H to M contract. [09:35] k [09:41] 0,4 Shorts YM @ 10855.00 -> small size [09:46] 0,6 exit stop moved to breakeven YM @ 10855.00 [09:47] 0,2 Covered 1/3 YM Short @ 10850 --> + 5 [09:50] 0,3 Long ES @ 1212.25 4,0 ŤŤ paper ťť [09:52] 0,2 Exited all ES Long @ 1212 --> - 0.25 4,0 ŤŤ paper ťť [09:53] 0,6 exit stop lowered YM @ 10854.00 [09:54] 0,3 Long YM @ 10849 4,0 ŤŤ Scalp ťť [09:55] 0,2 Covered Remainder YM Short @ 10852.00 --> + 3 [09:57] 0,2 Exited YM Long @ 10856 --> + 7 4,0 ŤŤ Scalp ťť [09:57] No volatility so far...hopefully the 10am est key economic report will stir things up a little. [09:58] 0,4 Shorts ES @ 1213.75 [10:01] 0,3 Long YM @ 10870.00 -> large size [10:02] 0,4 Shorts ES @ 1215.25 [10:03] 0,2 Covered YM Short @ 10865.00 --> + 5 [10:03] 0,3 Reverse and Enter Long YM @ 10865.00 [10:04] Wrong...will correct... [10:04] Looking too ADD to the short... [10:05] 0,3 Long YM @ 10870.00 -> large size [10:05] 0,2 Exited YM Long @ 10865.00 --> - 5 [10:05] 0,4 Reverse and Enter Short YM @ 10865.00 [10:05] 0,4 Shorts YM @ 10860.00 -> Add [10:06] 0,2 Covered 1/2 ES Short @ 1213.50 --> + 1.75 [10:07] 0,2 Covered 1/3 YM Short @ 10859.00 --> + 1 [10:07] :( [10:08] stop @ b/e ..be back in a min [10:08] 0,4 Shorts YM @ 10854 [10:08] Had some problems in managing that ADD :( [10:09] 0,6 exit stop moved to breakeven YM @ 10865.00 [10:09] 0,2 Covered all ES Short @ 1213.5 --> + 0.25 [10:10] Oooo that darn TICK is hosing me over today :P [10:13] 0,2 Covered 1/3 ES Short @ 1211.75 --> + 3.5 [10:13] 0,2 Covered 1/3 YM Short @ 10840.00 --> + 25 [10:13] Nice emini, Niha [10:13] nice one niha [10:13] Tried to get 10839 but no fill. [10:13] 0,2 Covered all YM Short @ 10843 --> + 11 [10:14] thx szu [10:14] keep forgetting to post my exits [10:14] Still holding 1/3 [10:14] i'm holding 2 es [10:16] 0,2 Covered Remainder YM Short @ 10850.00 --> + 15 [10:21] 0,2 Covered Remainder ES Short @ 1211.50 --> + 3.75 [10:22] 0,4 Shorts ES @ 1212 [10:22] 0,4 Shorts ES @ 1211.50 [10:23] after watching u guys I want to change my name to wannabeatrader, but it's already taken [10:23] good job guys [10:24] 0,3 Long YM @ 10845.00 -> small size [10:24] Profit protection mode...small size for the remainder of the day. [10:24] 0,2 Covered all ES Short @ 1211..25 --> + 1211.50 - 1211..25 [10:24] 0,2 Covered all ES Short @ 1211 --> + 1 [10:24] 0,4 Shorts YM @ 10842 [10:25] amazingly we have a decent chance of this being yet another trend day. [10:26] 0,2 Exited YM Long @ 10840.00 --> - 5 [10:26] 0,4 Reverse and Enter Short YM @ 10840.00 [10:27] 0,2 Covered all YM Short @ 10840.00 --> 0 [10:27] 0,3 Long ES @ 1210.50 [10:28] I'm done for the day...starting to churn a little and want to keep my profits... [10:28] Will spend the rest of the morning icing my sore lower back after all the snow shoveling I did yesterday :( [10:29] had snow yest ? [10:29] get a snow blower [10:29] here too [10:29] We get enough snow to shovel about once a year, and we just let the sun melt it :) [10:29] jperl...can't use the snow blow on the patio :( [10:29] aah [10:30] Snow was 50 inches deep on the patio. [10:30] Somebody standing strong on the bid at 10.5 [10:31] Front yard has 5.5 feet of snow from accumulation so far this winter. [10:31] YM also holding that damn 840 [10:31] Soon won't be able to see the houses across the street :) [10:32] Come to London no snow and sun today !! [10:32] No skiing either in London. [10:33] But with Ryanair you go to the French Alps for Ł50 [10:34] 0,4 Shorts ES @ 1211 4,0 ŤŤ paper ťť [10:34] Whoops, 11.25 [10:35] 0,2 Exited 1/2 ES Long @ 1211.25 --> + 0.75 [10:35] FFT...I tried that...last recent snow storm dumped enough where I feared it may collapse the patio or make it unstable. [10:36] 0,3 Long YM @ 10848 [10:37] Need to also go to the condo and get rid of the dangerous ice hanging from the roof...last year someone got killed from falling ice just a few condos down from us. [10:38] 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. [10:39] This need to drop or im out of my Short [10:39] Ive been holding it too long [10:40] 0,2 Covered all ES Short @ 1211.25 --> - 0.25 4,0 ŤŤ paper ťť [10:40] +0 [10:41] If ER2 looses this weak support...it'll do a superman thing again. [10:42] 0,3 Long ES @ 1211.25 4,0 ŤŤ paper ťť [10:42] showing solid support around here ? [10:42] `Parently, emini [10:42] 0,2 Covered all YM Short @ 10852 --> - 10 [10:42] :( [10:42] should have made it clear [10:42] * FFT cancels his plans for a joyous trend day party [10:45] :) [10:45] 0,2 Exited Remainder ES Long @ 1211.25 --> + 0.75 [10:45] 0,4 Shorts YM @ 10850 [10:46] I think that non-volatile price rise after 0945am est and then the more volatile price decline after 10am est may be all the hot action we are going to see for the rest of the day until the last hour. [10:47] shorts ES 1211.25 maybe bear flag here [10:47] scalp [10:47] sespecially after yest trendp [10:47] douger, yes I see that flagish looking pattern [10:48] yea will see [10:49] 0,4 Shorts ES @ 1211.25 [10:51] 0,4 Shorts ES @ 1207.0 4,0 ŤŤ paper ťť [10:51] I shoudnt be trading this small range. [10:51] pdays: are you still on March contract? [10:51] yup [10:52] 0,4 Shorts ES @ 1211.0 [10:52] Has about less than half the liquidity of June [10:52] with paper it's all real liquid ;} [10:52] :) [10:53] 0,2 Covered all ES Short @ 1210.75 --> + 0.5 [10:53] 0,2 Covered all ES Short @ 1206.5 --> + 0.5 4,0 ŤŤ paper ťť [10:54] 1211 pivot area [10:55] 0,2 Exited all ES Long @ 1211 --> - 0.25 4,0 ŤŤ paper ťť [10:55] 0,4 Shorts ES @ 1211 [10:56] cmon red team [10:56] es nq er all on supp [10:57] 0,3 Long YM @ 10845 4,0 ŤŤ Scalp ťť [10:57] wont risk much on this one [10:57] out 1/2 +.5 to reduce exposure [10:59] 0,2 Covered 1/2 YM Short @ 10840 --> + 10 [10:59] 0,2 Exited YM Long @ 10840 --> - 5 4,0 ŤŤ Scalp ťť [10:59] stop to b/e [11:00] 0,2 Covered all ES Short @ 1210 --> + 1 [11:00] 0,2 Exited all YM Long @ 10835 --> - 13 [11:00] 0,6 exit stop moved to breakeven YM @ 10840 [11:00] out more +1.5 [11:00] Hmmm, TWS didn't beep for that fill, but I got it anyway [11:00] ER2 lost that weak support...time for its superman thing. [11:01] * FFT breaks out a couple of big chunks of kryponite :) [11:01] :) [11:02] 0,2 Covered all ES Short @ 1209.75 --> + 1.25 [11:05] 0,4 Shorts ES @ 1209.50 [11:05] out more +2 [11:06] 0,2 Covered all ES Short @ 1209 --> + 0.5 [11:06] [10:42] * FFT cancels his plans for a joyous trend day party [11:06] Not yet. [11:08] out 1 more +3 have 1 left [11:08] Yep [11:10] And I thought the price action would dry up until the last hour. [11:11] 0,2 Covered Remainder ES Short @ 1207.00 --> + 4 [11:11] There's still the 2pm est Treasury Budget to stir up things some more. [11:11] ok [11:11] Maybe we'll see a strong trend reversal or a strong downtrend continuation. [11:11] [10:46] I think that non-volatile price rise after 0945am est and then the more volatile price decline after 10am est may be all the hot action we are going to see for the rest of the day until the last hour. [11:12] 0,3 Long ES @ 1206.75 [11:12] Yep...so re-open your broker execution platform and start trading again :) [11:12] Niha after you posted that i was looking for EXIT then Wham! [11:12] Just shows you Trade Your Plan. [11:13] 0,3 Long ES @ 1206.75 [11:13] stop at 1209.25 to get +2 on last 1 or 1204.25 for +7 [11:14] stop 1205.75 [11:14] not much patience [11:14] Punishing downtrend. [11:14] 0,2 Exited all ES Long @ 1205.75 --> - 1 [11:17] 0,2 Exited all ES Long @ 1207 --> + 0.25 [11:17] Im suprised 4th day in a row where Shorts are no brainers. [11:17] Think it will reverse shortly [11:17] why u say that? [11:17] 0,4 Shorts ES @ 1206.75 [11:18] Sorry, I mean after this little bounce [11:19] 0,4 Shorts ES @ 1207.5 4,0 ŤŤ paper ťť [11:21] 0,4 Shorts ES @ 1207.5 [11:22] 0,2 Covered all ES Short @ 1207.75 --> - 0.25 4,0 ŤŤ paper ťť [11:22] Not enough of my fellow bears piling in :( [11:24] 0,4 Shorts ES @ 1207.50 -> Add [11:24] Doing my best [11:24] :) [11:25] Gotta go get some short stops first, maybe [11:25] That will be painful [11:25] My stop is a long way from here [11:26] 0,2 Covered all YM Short @ 10817 --> + 33 [11:27] Let's see if folks show up to sell the zero TICK [11:27] :) [11:27] Nice szu...very nice. [11:28] 0,4 Shorts YM @ 10816 4,0 ŤŤ Scalp ťť [11:28] great going szu :) [11:28] need to stay under 1208 for shortie [11:28] 0,4 Shorts ES @ 1207.5 4,0 ŤŤ paper ťť [11:28] thanks..Patience was KEY. [11:28] How long were you in? [11:29] 35+ Minutes [11:29] :) [11:29] 0,2 Covered all ES Short @ 1207.5 --> 0 4,0 ŤŤ paper ťť [11:30] 0,2 Covered YM Short @ 10813 --> + 3 4,0 ŤŤ Scalp ťť [11:30] My First Short got Stopped out then market looked weak and i re-loaded Short, it worked Beautiful. [11:31] I swear, shorts are easier than longs - you can make your money and get out faster [11:33] I remember when I first got into trading. I thought the uptick rule was the stupidist thing I'd ever heard of. THen I saw how much faster the market will tank vs. climb and understood the reasons. Not sure I agree tho. [11:34] Uptick rule is the stupidest thing you ever heard of, period. [11:34] lol [11:35] Now now. We can't worry the average sucker. . . err. . . investor with huge fast drops ;) [11:37] is there a place on the board where u have targets and stop for the ES,YM Er2? [11:38] Just here [11:38] For example: [11:38] k [11:38] 0,6 exit stop set ES @ 1208.75 4,0 ŤŤ testing ťť [11:38] 0,6 buy limit to cover ES short @ 1206.5 4,0 ŤŤ testing ťť [11:38] :) [11:38] tks [11:39] TRIN ain't helpin ya at all, Square :( [11:39] Wasn't looking at it. What does it say? [11:39] Been going down for about the past half hour [11:40] But it's certainly not the Holy Grail by any means :) [11:40] May have to reverse sometime [11:40] Very heavy resistance at 1208 though. [11:40] NQ/ER trying tho :) Come on guys. [11:47] 0,4 Shorts ES @ 1208.5 [11:47] Paper [11:49] stop hit on last es short +2 [11:49] 0,2 Covered all ES Short @ 1209 --> - 0.5 4,0 ŤŤ paper ťť [11:49] Hmmm, if we get soem mroe buyers I'll get to short for real. :) [11:50] Maybe [11:50] 0,4 Shorts ES @ 1209.50 [11:50] 0,4 Shorts YM @ 10836 [11:50] 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. [11:51] 0,4 Shorts ES @ 1209.75 [11:51] We're dead [11:51] 0,4 Shorts ES @ 1209.75 -> Add [11:51] 1,4Red Alert1,0 Lots of 4red1 in #FuturesTrades :( [11:52] 0,4 Shorts ES @ 1210 -> Add [11:52] 0,2 Covered all YM Short @ 10832 --> + 4 [11:53] 0,2 Covered all ES Short @ 1207.75 --> - 0.25 [11:53] 0,2 Covered all ES Short @ 1210.25 --> - 0.5 [11:53] went for breakfast and forgot to post :) [11:53] BBL [11:54] 0,4 Shorts ES @ 1210.0 [12:07] k guys c u all later ....back to office thks [12:12] this looks like a good entry, but can all of us be right at the same time? [12:12] yes [12:13] is that philosophical point, or are you referring to the cloud cover? [12:14] cloud cover? [12:14] the trend wound not change till 1212 area is penetrated as per my charts [12:14] Congestion just above here [12:17] congestion makes the short entry look good, almost everyone already being short makes me a little nervous [12:17] Agree on both counts [12:17] i feel like going short just to join the party [12:17] but I'm not. :} [12:19] Triple top on the Dow? [12:22] 0,4 Shorts YM @ 10830 [12:25] 0,2 Covered 1/3 ES Short @ 1208.50 --> + 1.5 [12:28] 0,2 Covered all YM Short @ 10828 --> + 2 [12:28] didnt want to let BE get away [12:31] 0,4 Shorts ES @ 1209.50 -> Add [12:31] 0,2 Covered 1/4 ES Short @ 1209.50 --> 0 [12:33] b/e on remainder now 1208.75 [12:33] 0,2 Covered 1/2 ES Short @ 1208.25 --> + 1.75 [12:41] 0,2 Covered Remainder ES Short @ 1210 --> - 0.5 [12:41] 0,4 Shorts YM @ 10834 [12:42] 0,4 Shorts YM @ 10831 4,0 ŤŤ Scalp ťť [12:48] quick poke down ? [12:49] Hope so [12:50] are they not listening ? we said down. [12:50] 0,3 Long ES @ 1209.25 4,0 ŤŤ paper ťť [12:51] 0,2 Covered all YM Short @ 10831 --> + 3 [12:54] ROFLMAO! Fans are all upset about Jackson being a few minutes late - they are wailing outside the courtroom. [12:56] 0,2 Exited all ES Long @ 1209.5 --> + 0.25 4,0 ŤŤ paper ťť [12:57] 0,3 Long ES @ 1209.75 4,0 ŤŤ paper ťť [12:57] Oh sure, now it pops. :P [12:57] 0,2 Covered Remainder ES Short @ 1209.00 --> + 1 [12:58] 0,2 Covered all YM Short @ 10840 --> - 9 4,0 ŤŤ Scalp ťť [12:58] 0,2 Exited all ES Long @ 121075 --> + 119865.25 4,0 ŤŤ paper ťť [12:58] 1 [12:59] Lunchtime [12:59] * FFT is now known as FFT_lunchtime [13:02] 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. [13:08] 0,4 Shorts ES @ 1211.5 [13:08] correction 1211.25 [13:10] 0,3 Long YM @ 10844 4,0 ŤŤ Scalp ťť [13:11] 0,4 Shorts YM @ 10845 4,0 ŤŤ Scalp ťť [13:13] 0,2 Exited YM Long @ 10845 --> + 1 4,0 ŤŤ Scalp ťť [13:13] will try to buy a little lower [13:15] 0,3 Long YM @ 10842 4,0 ŤŤ Scalp ťť [13:18] gata luv comupters [13:21] 0,2 Exited YM Long @ 10849 --> + 7 4,0 ŤŤ Scalp ťť [13:27] 0,2 Covered all YM Short @ 10855 --> - 10 4,0 ŤŤ Scalp ťť [13:27] i hate losing streaks !!!!!!!!!!!!!!!!!1 [13:29] 0,2 Covered all ES Short @ 1210.5 --> + 1 [13:30] 0,4 Shorts ES @ 1212.25 -> Add [13:40] 0,4 Shorts YM @ 10882 4,0 ŤŤ Scalp ťť [13:41] 0,4 Shorts ES @ 1214.50 [13:42] 0,2 Covered YM Short @ 10876 --> + 6 4,0 ŤŤ Scalp ťť [13:43] 0,2 Covered 1/2 ES Short @ 1214 --> + 0.5 [13:44] 0,2 Covered Remainder ES Short @ 1214.50 --> 0 [13:46] Wow...just got back and took a look at the charts... [13:46] Impressive rebound back upwards. [13:48] Yes. That Daily uptrendline holding folks. [13:48] 0,4 Shorts ES @ 1215.50 [13:48] 0,4 Shorts ES @ 1215.25 4,0 ŤŤ paper ťť [13:49] Geesh...new intraday highs for all except for NQ... [13:49] Ooops...ER2 is still trying for a new intraday high. [13:50] It just got it :) [13:50] NQ is not the turtle of the bunch...still impressive rebound. [13:51] looking back i didnt get any setups for Longs. Sneaky frikin market. [13:56] Same here. But at least we are now in territory where there should be some better quality short signals [13:57] Treasury Budget at 2pm est [14:02] 0,2 Covered 1/2 ES Short @ 1215 --> + 0.5 [14:03] Treasury number a bit worse then consensus [14:04] 0,4 Shorts ES @ 1214.25 4,0 ŤŤ paper ťť [14:04] 0,2 Covered 1/3 ES Short @ 1213.75 --> + 1.75 [14:06] hi all [14:11] 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. [14:12] 0,2 Covered Remainder ES Short @ 1214.50 --> - 0.25 4,0 ŤŤ paper ťť [14:15] 0,3 Long YM @ 10874 4,0 ŤŤ Scalp ťť [14:15] 0,2 Exited YM Long @ 10880 --> + 6 4,0 ŤŤ Scalp ťť [14:24] 0,2 Covered ES Short @ 1213.25 --> + 2.25 [14:24] 0,3 Reverse and Enter Long ES @ 1213.25 [14:25] 0,4 Shorts YM @ 10873 4,0 ŤŤ Scalp ťť [14:26] 0,2 Exited all ES Long @ 1213.25 --> 0 [14:28] 0,4 Shorts ES @ 1213.00 4,0 ŤŤ paper ťť [14:32] 0,2 Covered all ES Short @ 1213.25 --> + 2 4,0 ŤŤ paper ťť [14:32] Not paper [14:32] * FFT_lunchtime is now known as FFT [14:35] Man, I was in that trade forever, but still a few moments after I bail, here comes my target of 12.25 :( [14:35] 0,2 Covered YM Short @ 10868 --> + 5 4,0 ŤŤ Scalp ťť [14:41] 0,2 Covered all ES Short @ 1213.5 --> - 0.5 4,0 ŤŤ paper ťť [14:46] 0,3 Long ES @ 1214.00 4,0 ŤŤ paper ťť [14:46] 0,3 Long YM @ 10875 4,0 ŤŤ Scalp ťť [14:53] 0,2 Exited 1/2 YM Long @ 10883 --> + 8 4,0 ŤŤ Scalp ťť [14:54] 0,2 Exited all ES Long @ 1215 --> + 1 4,0 ŤŤ paper ťť [14:58] 0,2 Exited Remainder YM Long @ 10875 --> 0 4,0 ŤŤ Scalp ťť [14:58] 0,3 Long YM @ 10974 4,0 ŤŤ Scalp ťť [15:06] 0,2 Exited YM Long @ 10864 --> - 110 4,0 ŤŤ Scalp ťť [15:06] 0,2 Covered 2/3 ES Short @ 1212 --> + 0.25 [15:07] correction entry was 10874 exit was correct [15:09] i almost reversed that one, now i wish i had [15:14] 0,4 Shorts YM @ 10860 4,0 ŤŤ Scalp ťť [15:17] 0,2 Covered YM Short @ 10850 --> + 10 4,0 ŤŤ Scalp ťť [15:17] NT [15:18] gets me back to where i was before the last one [15:20] IS THE MARKET LIKE THIS BECAUSE OF THE ROLLOVER... [15:21] possibly [15:21] NUTS [15:23] Had no business to rally over lunchtime [15:23] 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. [16:17] goodnight all [16:32] 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. [16:49] Trading days like this are more common now that volatility is becoming more common... [16:49] Two strong trends...up and down in the same trading day. [16:50] A lot of money is being made on days like today. [16:50] Just the same...a lot more traders will be on the wrong side of the coin :( [17:44] 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. [18:56] 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. [19:30] * Awash_afk is now known as Awash [20:05] 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. [20:13] test [20:13] test [20:13] test [20:13] test [20:13] test [21:17] 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. [21:20] * Disconnected Session Close: Thu Mar 10 21:20:57 2005