Session Start: Tue Mar 15 09:33:19 2005 Session Ident: #FuturesTrades [09:33] * Now talking in #FuturesTrades [09:33] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [09:33] G'monring Nihaba [09:34] 0,4 Shorts ES @ 1214.75 [09:34] Good morning all. [09:34] gm [09:35] GM Niha [09:35] and all [09:37] 0,4 Shorts ES @ 1213.75 -> small size [09:37] morn all [09:39] 0,4 Shorts ES @ 1213.75 [09:42] 4 RED ALERT4 [09:42] 0,4 Shorts ES @ 1214.25 -> Add [09:42] 0,2 Covered ES Short @ 1214.75 --> - 1 [09:42] 0,3 Reverse and Enter Long ES @ 1214.75 [09:43] 0,3 Long ES @ 1215.25 -> Add [09:43] 0,2 Covered all ES Short @ 1215.25 --> - 0.5 [09:46] 0,4 Shorts ES @ 1214.5 [09:46] 0,4 Shorts ES @ 1214.50 [09:48] Short DAX 4389.00 Large size [09:49] 0,4 Shorts YM @ 10857 [09:50] Breakeven stop on the DAX... [09:50] 0,2 Covered 1/3 ES Short @ 1214 --> + 0.5 [09:53] Cover 1/2 DAX @ 4386 +3 [09:53] 0,2 Covered Remainder ES Short @ 1214 --> + 0.5 [09:57] 0,2 Covered all YM Short @ 10869 --> - 12 [09:58] 0,4 Shorts ES @ 1214.25 -> Add [09:58] Remainder DAX breakeven stop hit +0 [09:58] Double top on the dow? [09:59] 0,4 Shorts YM @ 10860 [10:01] 0,3 Long ES @ 1214.00 -> Add [10:04] 0,2 Covered 1/2 YM Short @ 10849 --> + 11 [10:04] 0,2 Covered all ES Short @ 1213.25 --> + 1.5 [10:04] 0,6 exit stop moved to breakeven YM @ 10860 [10:07] NQ leading this drop [10:09] 0,3 Long ES @ 13.25 [10:10] 0,3 Long ES @ 1213.75 4,0 ŤŤ paper ťť [10:11] 0,3 Long ES @ 1213.50 [10:12] 0,2 Covered all ES Short @ 1212 --> + 2.5 [10:12] 0,3 Long ES @ 1212.25 [10:12] 0,3 Long ES @ 1212.50 -> Add [10:12] Feels different than yesterday [10:12] 0,2 Exited ES Long @ 1211.75 --> - 0.5 [10:12] 0,4 Reverse and Enter Short ES @ 1211.75 [10:13] 0,2 Exited ES Long @ 1212.00 --> - 2.75 [10:13] 0,4 Reverse and Enter Short ES @ 1212.00 [10:14] 0,4 Shorts ES @ 1213 -> Add [10:17] 0,4 Shorts ES @ 1213 [10:19] 0,2 Covered all ES Short @ 1212.50 --> - 0.25 [10:21] 0,2 Covered all ES Short @ 1212.5 --> + 0.5 [10:21] Hey, nice exit, emin ;) [10:21] Short DAX 4377.50 Large size [10:22] thx about a b/e trade [10:23] 0,2 Exited ES Long @ 13 --> - 0.25 [10:23] 0,3 Long YM @ 10846 [10:24] still short ES too niha? [10:24] Interesting that we both saw the momo swinging around and bailed at the bottom enf of the range [10:24] Tried something new today...hedging the ES against the DAX...not going well so far...decided to put both on the same side (Short). [10:24] cool [10:24] be interesting to see how it works out [10:25] Well...if it doesn't work out well...it'll be a long time before I do this again... [10:26] Took a loss on the 2nd and fail to hedge that one...market moved too fast :( [10:26] Less than a four point range so far, we'll bust outta here. [10:26] If I only knew which way, I could make a fortune :) [10:26] Meant first trade in ES...failed to hedge against it. [10:26] 0,3 Buys ER2 @ 635.1 4,0 ŤŤ paper ťť [10:27] 0,4 Shorts ES @ 1213.5 4,0 ŤŤ paper ťť [10:27] 0,2 Exited all ES Long @ 1213.50 --> + 1 [10:28] 0,6 exit stop set ES @ 1214 4,0 ŤŤ paper ťť [10:28] 0,2 Exited 1/3 Long ER2 at 635.6 --> + 0.5 4,0 ŤŤ paper ťť [10:28] 0,4 Shorts ES @ 1213.25 4,0 ŤŤ paper ťť [10:28] 0,2 Exited remainder Long ER2 at 635.1 --> 0 4,0 ŤŤ paper ťť [10:29] 0,6 buy limit to cover ES short @ 1211.75 4,0 ŤŤ paper ťť [10:29] 0,4 Shorts ES @ 1213 [10:30] 0,2 Covered all ES Short @ 1212.75 --> + 0.5 4,0 ŤŤ paper ťť [10:30] 0,4 Shorts ES @ 12.75 [10:31] 1,4Red Alert1,0 Lots of 4red1 in #FuturesTrades :( [10:32] 0,2 Covered ES Short @ 1213 --> 0 [10:32] 0,3 Reverse and Enter Long ES @ 1213 [10:32] 30 Minutes in a 2 Tick Flag! [10:33] Who said this was going to be different from yesterday? [10:33] I said it felt different than yesterday. And it still does. Yesterday everything but ES headed down. Not so today [10:34] :) [10:34] Amazingly tight ranges, though [10:34] On both days [10:35] Expiration done so now back to tight ranges? hehehe [10:36] Like a corset [10:36] 0,4 Shorts ES @ 1212.50 [10:38] 0,2 Exited ES Long @ 1212.50 --> - 0.5 [10:38] 0,4 Reverse and Enter Short ES @ 1212.50 [10:39] giving in more on commish than the trades :) [10:39] 0,4 Shorts ES @ 1212.5 -> Add 4,0 ŤŤ paper ťť [10:40] emini broker owes you Lobster dinner [10:40] :) [10:42] 0,2 Covered ES Short @ 1213 --> - 0.5 [10:42] 0,3 Reverse and Enter Long ES @ 1213 [10:42] 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. [10:42] 0,2 Exited all YM Long @ 10850 --> + 4 [10:43] last trade of the am mrkt sure is playing me around [10:44] Market sitting on Fair Value and oscillating about it since 10 AM [10:51] yawn! [10:54] 0,2 Exited all ES Long @ 1214. --> + 0.25 4,0 ŤŤ paper ťť [10:54] 0,2 Trailing Stop Hit ES @ 1214 --> - 2 4,0 ŤŤ paper ťť [10:54] 0,3 Buys ER2 @ 636.56 4,0 ŤŤ paper ťť [10:54] oops [10:54] Reverse DAX @ 4382.00 (-4.50) now Long DAX @ 4382.00 [10:55] 0,3 Buys ER2 @ 636.3 4,0 ŤŤ paper ťť [10:55] 0,2 Covered all YM Short @ 10860 --> 0 [10:55] 0,2 Exited 1/3 ES Long @ 1214.25 --> + 1.25 [10:55] 0,2 Exited 1/3 Long ER2 at 636.8 --> + 0.5 4,0 ŤŤ paper ťť [10:55] Still Short ES @ 1212.00 [10:55] 0,2 stop hit ER2 @ 10808 --> + 10171.7 4,0 ŤŤ paper ťť [10:55] no [10:56] Close to being stopped out :( [10:56] 0,2 Exited remainder Long ER2 at 636.3 --> 0 4,0 ŤŤ paper ťť [10:57] 0,2 Covered ES Short @ 14.25 --> - 1.5 [10:59] 0,2 Covered all ER2 Short @ 636.80 --> - 1.1 [10:59] Exit 1/2 DAX @ 4388.50 +6.50 [11:01] 0,2 Exited 1/3 ES Long @ 1214.50 --> + 1.5 [11:02] 0,2 Exited Remainder ES Long @ 1214 --> + 1 [11:02] 0,4 Shorts YM @ 10860 [11:03] Lets see if we can get a textbook lower high :)) [11:05] * les is now known as lesAway [11:10] I'm learning today that hedging is very uncomfortable and a lot of work :( [11:10] Maybe not my cup of tea. [11:11] Does it not also limit your profits? as well as your losses? [11:11] In theory... [11:12] I've tried hedging a number of times over the years, I end up losing on both sides almost every time [11:12] I see some people jump to hedging/spread trading after they get fed up with direction trading [11:12] TLT - I have almost found the same thing - doing bonds against notes or vice versa. [11:13] 0,3 Long ES @ 1213.5 [11:13] szu...I like directional trading...just trying something different as a change of pace for a day or two. [11:14] i meant to buy that dip but i was in the kitchen getting a snack [11:14] I'm up big this month in the DAX (best month ever) and a lackluster month (in the red) in the ES...figure its a good time to try something new. [11:16] 0,2 Exited all ES Long @ 1214.25 --> + 0.75 [11:18] TLT...so far...after hearing all the discussions at other forums about hedging... [11:18] I'm not impress by it. [11:19] Still Short ES and Long remainders in DAX. [11:20] Trailing Stop in DAX now raised to +1 if hit (4383.00) [11:20] 0,6 exit stop set ES @ 1215.00 [11:21] Be back in a few minutes...if stops are hit...will post info later upon return. [11:21] * NihabaAshi is now known as NihabaAshi_away [11:23] 0,2 Covered 1/2 YM Short @ 10850 --> + 10 [11:24] * NihabaAshi_away is now known as NihabaAshi [11:24] 0,4 Shorts YM @ 1853 [11:24] Price alarms sounding :( [11:24] 0,3 Long ES @ 1213 [11:26] Exit remainder DAX @ 4386.50 +3.50 [11:27] 0,2 Covered all YM Short @ 1848 --> + 5 [11:30] 0,2 Exited all ES Long @ 1212.25 --> - 0.75 [11:41] Yeah, I just hate these range days ;) [11:42] 0,2 Covered all ES Short @ 1208.75 --> + 8.5 [11:42] That's incorrect...will correct in a minute... [11:43] vn Niha,,,super [11:44] 0,3 Long YM @ 10831 [11:44] 0,3 Long ES @ 1210 [11:47] 0,2 Exited all YM Long @ 10826 --> - 5 [11:48] 0,4 Shorts ES @ 1208.25 -> large size [11:48] late post coming [11:48] 0,4 Shorts ES @ 1211.5 4,0 ŤŤ paper ťť [11:49] left my screen f too long :) [11:49] 0,6 exit stop set ES @ 1211.75 4,0 ŤŤ paper ťť [11:49] 0,4 Shorts YM @ 10825 4,0 ŤŤ Scalp ťť [11:50] 0,2 Covered YM Short @ 10818 --> + 7 4,0 ŤŤ Scalp ťť [11:50] 0,2 Covered all ES Short @ 1208.25 --> 0 [11:51] :( [11:51] 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] That prior Short was a +3.25 and NOT a +8.50 (not sur why the script did that). [11:52] Still good enough to make me profitable for the day in ES :) [11:53] One hedge today worked...the other failed (loser) and another a trade error (loser via not being prepared). [11:54] Overall a profitable learning experience so far. [11:54] Will try to do one or two more in the afternoon session. [12:00] 0,4 Shorts ES @ 1297.50 -> large size [12:00] Greenspan speaking [12:01] Ooops... [12:01] 0,4 Shorts ES @ 1207.50 -> large size [12:02] heheh Niha [12:02] 0,2 Covered all ES Short @ 1207.00 --> + 0.5 [12:02] I just noticed it on econday.com [12:02] 0,6 exit stop lowered ES @ 1210.5 4,0 ŤŤ paper ťť [12:02] Geeesh...thought for sure I could get 1206.25 [12:03] Late report follows (I had to go out for about an hour...) [12:03] Came within 1 tick :( [12:03] 0,4 Shorts ES @ 1213.25 -> Add [12:04] 0,2 Covered all ES Short @ 1209.25 --> + 7.25 [12:05] 0,2 Covered all YM Short @ 10816 --> + 44 [12:05] 0,3 Long ES @ 1207.50 [12:09] 0,2 Exited all ES Long @ 1208 --> + 0.5 [12:11] Greenspan face is no longer on the TV market networks :) [12:14] 0,3 Long ES @ 1208.25 4,0 ŤŤ paper ťť [12:25] nice trades szu squre64 [12:27] thanks emini... Greenspank helped [12:27] Thanks. I owe half to Greenspan and half to not being around to make a premature exit (used a target order) [12:27] :) [12:48] 0,2 Exited all ES Long @ 1209.25 --> + 1 4,0 ŤŤ paper ťť [13:03] 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. [13:04] 0,3 Long YM @ 10819 4,0 ŤŤ Scalp ťť [13:05] 0,2 Exited YM Long @ 10829 --> + 10 4,0 ŤŤ Scalp ťť [13:15] 0,4 Shorts YM @ 10823 4,0 ŤŤ Scalp ťť [13:16] 0,2 Covered YM Short @ 10819 --> + 4 4,0 ŤŤ Scalp ťť [13:21] 0,4 Shorts YM @ 10813 [13:22] 0,2 Covered all YM Short @ 10809 --> + 4 [13:22] large orders underneath [13:23] how u know? [13:23] im dumb enough to look at the DOM :) [13:25] the D.O.M heheeh [13:36] 0,6 exit stop lowered ES @ 1209.25 4,0 ŤŤ paper ťť [13:38] 0,3 Long ES @ 1205.75 -> small size [13:40] Cool, got filled at 25 and I'm done for the day. Cya all tomorrow! [13:40] at 5 that is, not 25 lol [13:41] 0,6 exit stop lowered ES @ 1208.75 4,0 ŤŤ paper ťť [13:44] 0,4 Shorts YM @ 10806 4,0 ŤŤ Scalp ťť [13:46] 0,2 Covered YM Short @ 10799 --> + 7 4,0 ŤŤ Scalp ťť [13:46] 0,3 Long YM @ 10801 4,0 ŤŤ paper ťť [13:47] zoom im with ya..just need few more minutes [13:48] You think 2pm and up? [13:49] 0,2 Exited 1/2 YM Long @ 10808 --> + 7 4,0 ŤŤ paper ťť [13:52] 0,6 exit stop set YM @ 10801 4,0 ŤŤ paper ťť [13:54] 0,2 Exited Remainder YM Long @ 10801 --> 0 4,0 ŤŤ paper ťť [13:55] 0,3 Long ES @ 1205.50 -> Add [13:56] 0,2 Exited all ES Long @ 1206 --> + 0.75 [14:15] 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. [14:22] * lesAway is now known as les [14:25] 0,4 Shorts YM @ 10803 4,0 ŤŤ Scalp ťť [14:29] 0,3 Long ES @ 1206.25 [14:30] 0,3 Long ES @ 1205.75 -> Add [14:33] 0,2 Covered YM Short @ 10796 --> + 7 4,0 ŤŤ Scalp ťť [14:34] 0,6 exit stop lowered ES @ 1207.75 4,0 ŤŤ paper ťť [14:36] 0,4 Shorts YM @ 10798 4,0 ŤŤ Scalp ťť [14:38] 0,2 Covered YM Short @ 10793 --> + 5 4,0 ŤŤ Scalp ťť [14:40] 0,2 Exited all ES Long @ 1206 --> 0 [14:41] Correction: add 2 at 1205 (average)> net result +1.5 [14:41] That's me done for the day. [14:41] Good night all! [14:42] gn [14:45] 0,2 Covered all Short ES at 1205.5 --> + 6 4,0 ŤŤ paper ťť [14:45] nice one les [14:45] thx [14:49] Nice trade Les [14:49] thx niha [14:50] i dont usually bail this early on this trade start, but looks too much like a bottom forming over past 1/2 hour [14:51] start = strat [15:21] 0,4 Shorts YM @ 10800 [15:24] 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. [15:25] 0,2 Covered all YM Short @ 10799 --> + 1 [15:26] 0,3 Long YM @ 10801 [15:30] 0,2 Exited all YM Long @ 10792 --> - 9 [15:30] 0,4 Shorts YM @ 10791 [15:32] 0,4 Shorts YM @ 10795 4,0 ŤŤ Scalp ťť [15:34] 0,2 Covered all YM Short @ 10801 --> - 10 [15:34] Stupid trades [15:35] 0,3 Long YM @ 10804 [15:40] 0,2 Covered YM Short @ 10794 --> + 1 4,0 ŤŤ Scalp ťť [15:40] 0,2 Exited all YM Long @ 10795 --> - 9 [15:40] i felt right into the trap [15:43] 0,4 Shorts YM @ 10794 [15:51] Yersturday's Low holding [15:51] 0,2 Covered 1/2 YM Short @ 10789 --> + 5 [15:52] 0,6 exit stop moved to breakeven YM @ 10794 [16:07] * Awash is now known as Awash_afk [16:09] 0,2 Covered all YM Short @ 10778 --> + 16 [16:15] k guys c u all am..thks [16:16] cya [16:33] goodnight all [16:36] 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. [17:48] 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. [18:59] 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. [19:02] * Awash_afk is now known as Awash [20:06] 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. [21:19] 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. [22:09] * Disconnected Session Close: Tue Mar 15 22:09:24 2005