Session Start: Tue Apr 05 09:30:14 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 [09:30] Wow, nice. 24 hours without seeing a single story about Terri Schavio. [09:31] 0,4 Shorts YM @ 10450 4,0 垂 Scalp 遙 [09:31] Thanks Emini [09:32] fft - that leaves u free to concentrate on Michael Jackson [09:32] urw [09:32] gm all [09:32] lol [09:32] 0,2 Covered YM Short @ 10449 --> + 1 4,0 垂 Scalp 遙 [09:32] Yeah, they had an update on that in today's paper. At least it's buried, not on the front page. [09:32] 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. [09:32] When's that circus supposed tyo be over with, anyway? [09:33] his circus wont be over till he's dead and buried... many years from now [09:33] trial will take months [09:33] and then there's the appeal... [09:34] 0,4 Shorts ES @ 1182 -> small size [09:34] imo... he is not appealing at all... [09:34] meanwhile u cn read our news stories...Blair just announced a general erection [09:34] 0,2 Covered all ES Short @ 1182.75 --> - 0.75 [09:35] 0,4 Shorts ES @ 1182.75 [09:35] election, for the sensitive-minded [09:35] uh oh [09:35] yep [09:35] 0,2 Covered all ES Short @ 1183.25 --> - 0.5 [09:35] and then we got Charles & Camilla coming up [09:36] 0,4 Shorts ES @ 1183.25 [09:38] 0,4 Shorts YM @ 10458 [09:39] 0,2 Covered all YM Short @ 10467 --> - 9 [09:40] 0,4 Shorts ES @ 1183.25 [09:41] I dunno about this, emini [09:42] 0,4 Shorts YM @ 10456 -> large size [09:42] 0,2 Covered all ES Short @ 1182.75 --> + 0.5 [09:43] me neither just have a 2 tick stop now [09:46] Fierce bidding? [09:47] 0,2 Covered all ES Short @ 1183.75 --> - 0.5 [09:47] 0,4 Shorts ES @ 1183.5 [09:48] 0,4 Shorts YM @ 10461 [09:49] 0,2 Covered all YM Short @ 10469 --> - 13 [09:50] 0,2 Covered all YM Short @ 10470 --> - 9 [09:51] 0,2 Covered all ES Short @ 1184.25 --> - 0.75 [09:51] Man, I tried to get out at 83, but it jumpe dup too darn fast. [09:54] 0,3 Long ES @ 1184.5 [09:56] 0,2 Exited all ES Long @ 1185 --> + 0.5 [09:58] 0,4 Shorts ES @ 1185.25 [10:00] 0,3 Buys ES @ 1186 4,0 垂 paper 遙 [10:00] 0,3 Long YM @ 10482 [10:00] So far its a creeper up day. [10:00] looks like [10:04] 0,2 Covered all ES Short @ 1185.5 --> - 0.25 [10:06] yup.. the creep is ON [10:08] 0,3 Long ES @ 1185.5 [10:10] 0,2 Exited all YM Long @ 10473 --> - 9 [10:10] 0,4 Shorts YM @ 10473 [10:16] 0,2 Exited ES Long @ 1184.75 --> - 0.75 [10:16] 0,4 Reverse and Enter Short ES @ 1184.75 [10:16] 0,4 Shorts ES @ 1185.0 4,0 垂 paper 遙 [10:18] 0,4 Shorts ES @ 1185.25 [10:20] 0,2 Covered 1/2 YM Short @ 10470 --> + 3 [10:20] 0,6 exit stop moved to breakeven YM @ 10473 [10:20] Die already, sheesh [10:20] 0,4 Shorts ER2 @ 616.3 4,0 垂 paper 遙 [10:22] 0,2 Covered 1/3 Short ER2 at 615.9 --> + 0.4 4,0 垂 paper 遙 [10:23] 0,2 Covered all ES Short @ 1184.5 --> + 0.25 [10:23] Somebody buying a crapload at .25 [10:28] pc crash, so not sure if this exit post will work [10:28] 0,2 Covered remainder Short ER2 at 616.8 --> - 3.9 4,0 垂 paper 遙 [10:28] nope [10:28] 0,2 Covered all ES Short @ 1184.25 --> + 1 [10:29] 0,3 Buys ER2 @ 616.3 4,0 垂 paper 遙 [10:29] Very fierce bidders @ .25 [10:29] 0,2 Exited remainder Long ER2 at 616.8 --> + 0.5 4,0 垂 paper 遙 [10:29] thats it [10:31] 0,2 Covered all YM Short @ 10472 --> + 1 [10:32] Sllers at 5 even? Sheesh. [10:33] 0,3 Long ES @ 1185.75 [10:36] 0,4 Shorts ER2 @ 617.2 4,0 垂 paper 遙 [10:36] 0,4 Shorts YM @ 10480.00 -> small size [10:39] 0,2 Covered 1/3 Short ER2 at 616.8 --> + 0.4 4,0 垂 paper 遙 [10:39] 0,6 exit stop moved to breakeven ER2 @ 617.2 4,0 垂 paper 遙 [10:39] 0,2 stop hit ER2 @ 617.2 --> 0 4,0 垂 paper 遙 [10:42] 0,6 exit stop set YM @ 10491.00 [10:43] 0,3 Long ES @ 85.50 [10:44] 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. [10:44] 0,6 exit stop moved to breakeven YM @ 10480.00 [10:45] 0,2 Covered 1/3 YM Short @ 10473.00 --> + 7 [10:47] 0,2 Exited ES Long @ 85 --> - 0.5 [10:49] 0,2 Trailing Stop Hit YM @ 10480.00 --> 0 [11:01] 0,4 Shorts YM @ 10477.00 -> large size [11:02] 0,6 exit stop moved to breakeven YM @ 10477.00 [11:04] 0,4 Shorts ER2 @ 615.1 4,0 垂 paper 遙 [11:05] PUNKs [11:06] heheh [11:06] 0,2 Trailing Stop Hit YM @ 10477.00 --> 0 [11:06] I deserved that...missed covering some when pt1 was reached :( [11:06] Trade management error. [11:07] Niha both were good Shorts its just Markets not cooperating. [11:07] Agree. [11:07] 0,4 Shorts YM @ 10468 [11:08] There's my pt1 @ 10469.00 [11:11] Interesting. ES is under some heavy duty support @ 84.25, but doesn't seem to wanna fall. [11:14] k guys this is just boring here ...willcatch u all later ... [11:14] thks [11:15] SMH threatening to close it's gap, frequently forecasts NQ gap close [11:16] Ooooo, those bastids! Pop thru heavy resistance at 84.25, then sell off a bit. [11:16] The market is clearly feminine. ;) [11:17] 0,2 Covered 1/3 Short ER2 at 614.7 --> + 0.4 4,0 垂 paper 遙 [11:17] SMH closed [11:17] 0,6 exit stop moved to breakeven ER2 @ 615.1 4,0 垂 paper 遙 [11:19] SOX sinkin nicely [11:20] Need the frikin ES to follow [11:20] No doubt. [11:20] * FFT shoots a couple ES bulls [11:23] 0,2 Covered remainder Short ER2 at 614.6 --> + 0.5 4,0 垂 paper 遙 [11:23] 0,2 Covered all YM Short @ 10473 --> - 5 [11:23] 0,3 Long YM @ 10474 [11:23] 0,3 Long YM @ 10470 [11:28] 0,2 Exited all YM Long @ 10471 --> + 1 [11:32] ES 4th test of 83.25 Geez [11:38] 0,2 Exited all YM Long @ 10475 --> + 1 [11:38] Crap, time for Lunch [11:40] U got one of them Flinestone steam whistles? ;) [11:42] 0,3 Buys ER2 @ 615.2 4,0 垂 paper 遙 [11:45] 0,2 Exited 1/3 Long ER2 at 615.6 --> + 0.4 4,0 垂 paper 遙 [11:46] 0,4 Shorts ES @ 1184.25 -> small size [11:46] 0,3 Long ER2 @ 614.80 4,0 垂 paper 遙 [11:56] 0,2 Covered all ES Short @ 1183 --> + 1.25 [11:56] 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. [11:57] 0,2 Exited remainder Long ER2 at 614.9 --> - 0.3 4,0 垂 paper 遙 [12:02] 0,4 Shorts ES @ 1183.25 -> small size [12:04] 0,2 Covered all ES Short @ 1182.75 --> + 0.5 [12:04] . [12:04] * Awash is now known as Awash_afk [12:14] 0,2 Exited all ER2 Long @ 615.10 --> + 0.3 4,0 垂 paper 遙 [12:21] 0,4 Shorts ES @ 1184.75 [12:21] Just got it in time :) [12:24] 0,4 Shorts ES @ 1184.25 [12:28] 0,4 Shorts ES @ 1184.75 -> Add [12:29] 0,2 Covered all ES Short @ 1184.5 --> + 0.25 [12:46] 0,2 Covered all ES Short @ 1184.25 --> + 0.5 [12:51] 0,4 Shorts ES @ 1184.25 [12:53] 0,4 Shorts ES @ 1185 -> Add [12:55] 0,4 Shorts ES @ 1185 [12:58] red alert :) [12:58] 0,2 Covered all ES Short @ 1184.25 --> + 0.75 [12:59] 0,2 Covered all ES Short @ 1183.75 --> + 1.25 [13:08] 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. [13:34] I dunno Square. Upper range days (what I call these rangers that stay above the gap) rfequently serve as a freaken launch platform for the PM :( [13:34] But not always ;) [13:37] TICK might be breaking down [13:40] I have a horrible feeling that it is waiting for something from Greenspan that says bonds are going to be strong [13:41] Then it will go up like a rocket [13:41] I had a bad experience yesterday afternoon (-7 ES) so I am going to be very careful today [13:42] I used to keep trying for gap closers on these UR days and getting killed till I figureed it out [13:43] TICK is looking a bit sick [13:44] SMH back to the gap [13:46] Buyers at the half on ES? Bleah [13:49] uh oh [13:49] But is it a break or a spike? [13:50] TICK threatening new HOD [13:50] Might be buyers on the even [13:52] 0,4 Shorts ES @ 1183.75 [13:52] 0,4 Shorts ES @ 1183.50 [13:52] Tried to short at 84.50 but couldn't get a fill [13:55] 0,2 Covered all ES Short @ 1184.75 --> - 1 [13:57] 0,4 Shorts ES @ 1185 -> Add [13:59] 0,4 Shorts ES @ 1186 -> Add [14:00] 0,3 Long YM @ 10486.00 -> small size [14:01] 0,4 Shorts YM @ 10486 [14:02] Tough trade...taking a chance via not putting in a breakeven stop when YM went +5 points in my favor. [14:03] 0,2 Covered 1/2 YM Short @ 10478 --> + 8 [14:03] Woah hoo, go ES [14:03] 0,6 exit stop moved to breakeven YM @ 10486 [14:04] 0,2 Covered all ES Short @ 1184.25 --> + 1 [14:06] 0,2 Exited YM Long @ 10476.00 --> - 10 [14:06] 0,4 Reverse and Enter Short YM @ 10476.00 [14:06] Added 2 contracts. [14:08] 0,6 exit stop moved to breakeven YM @ 10476.00 [14:08] Won't make the same mistake twice in one day :) [14:09] 0,2 Covered 1/3 YM Short @ 10475.00 --> + 1 [14:09] 0,2 Trailing Stop Hit YM @ 10476.00 --> 0 [14:11] Cov erd my short. We'll prolly close the gap now, lol [14:12] I wonder. This is a very well-supported level today. [14:13] Yup its tough here. [14:15] We still have a good shot at a new HOD or LOD (RTH) [14:15] 0,4 Shorts YM @ 10465.00 -> large size [14:15] :( [14:16] PUNKS... [14:16] Will explain later... [14:16] Wow...what's that. [14:16] GM long term credit rating cut [14:17] sneaky bastids. [14:17] 0,2 Covered all ES Short @ 1181.50 --> + 3.5 4,0 垂 paper 遙 [14:17] I got a piece of it :) [14:17] 0,2 Covered 1/3 YM Short @ 10445.00 --> + 20 [14:18] 0,3 Long ES @ 1181.25 -> small size [14:18] That puts me in black for the day, and I'm done. [14:18] Here's what happen...I put in a 9 contract order for 10470.00 [14:18] no fill...mainly because YM was at 10474.00 [14:19] So I pulled the order and decided to do a market order around 10474.00 [14:19] 0,2 Exited all ES Long @ 1181.75 --> + 0.5 [14:19] OOo nasty bastids. Missed the gap close by a tick [14:20] If I was divorced, I'd say the market reminds me of my first wife ;) [14:20] 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. [14:20] Guess what...I wasn't fast enough and the sucker dropped fast...I got an order in for 10465.00 and not the size I wanted exactly because my default was set wrong :( [14:20] 0,4 Shorts YM @ 10456 [14:20] :( [14:21] Thus, I'm on the low end of a large size. [14:21] 0,4 Shorts ES @ 1182 4,0 垂 paper 遙 [14:22] 0,6 exit stop moved to breakeven YM @ 10465.00 [14:23] 0,2 Covered 1/3 YM Short @ 10463.00 --> + 2 [14:23] 0,2 Trailing Stop Hit YM @ 10465.00 --> 0 [14:23] 0,4 Shorts YM @ 10466 -> Add [14:24] Since the Seminar/Workshop on the Advance Bearish Dark Inverted Hammer... [14:24] There has been 4 trade signals... [14:24] I traded one...resulted in a loser in ES. [14:25] The other two occurred in NQ 15min chart...both soon after the open on April 1st Friday and April 5th today. [14:26] That Short I just completed in YM was via the same signal on the 2min chart. [14:27] Advance Bearish Dark Inverted Hammer? [14:27] Ooops...meant one was a loser in ES and the one winner is the YM trade i just completed. [14:27] Current Seminar/Workshop. [14:28] i saw the chart you posted on et. with esignal-feed it was no advance ...., when i remember correct. [14:28] Hendrik...I don't use esignal. [14:28] yeah, i saw it. [14:29] Are you talking about this chart... [14:29] but i think i saw, that the longer upper shadow did non engulf the prior candlestick [14:29] you posted one at et [14:30] http://www.elitetrader.com/vb/attachment.php?s=&postid=720037 [14:30] It's the only one I've posted since that seminar workshop. [14:30] yes, that愀 the one [14:30] but the upper shadow doe snot engulf prior candlestick [14:31] Yes I know but that's not one of the criterias :) [14:31] i thought [14:31] In the strategy I clearly explain the word "Engulfing"... [14:32] Which is different from other candlestick books. [14:32] so matching is ok ? [14:32] open of prior candlestick to close of inverted hammer [14:33] You mean the Close of a prior dark candlestick equal to the Open of the dark inverted hammer...Yes. [14:34] Or the Open of a prior white candlestick equal to the Open of the dark inverted hammer...Yes. [14:34] ah , i see. that makes it clear ! [14:35] I'll make my definition in the strategy about the word Engulfing with bold letters to make it stand out (more noticable). [14:35] :) [14:36] ok, i惻l take a look again. thanks ! [14:36] [14:16] GM long term credit rating cut [14:37] Was this a schedule announcement about GM credit rating ??? [14:38] On the tape on Briefing.com. Ford also on credit watch. [14:38] Five-minute wonder. GM had credit lines pulled last week. [14:39] Timing of Moody's announcement probably random [14:41] 0,4 Shorts ER2 @ 615.7 4,0 垂 paper 遙 [14:41] With this news relese Ill give my Short more room. (otherwise i would ahve exited Long time ago) [14:42] You may be right. I feel more that the GM move has already run its course. [14:43] And back again. [14:43] In that chart I posted... [14:43] http://www.elitetrader.com/vb/attachment.php?s=&postid=720037 [14:43] 0,2 Covered 1/3 Short ER2 at 615.4 --> + 0.3 4,0 垂 paper 遙 [14:44] 0,2 Covered remainder Short ER2 at 615.7 --> 0 4,0 垂 paper 遙 [14:44] The normal GAP behaves treated just like a WRB Hidden GAP. [14:45] I'll post that chart in the seminar notes as an example of such. [14:45] I forgot to do it over the weekend. [14:45] niha, do you often use 2-min-chart ? [14:46] after first hour [14:48] Not often but its one of the chart intervals I have in view on my monitors. [14:48] If I see long shadows...on one interval but no trade signal... [14:49] I'll change the interval to see if there's something else. [14:49] In this trade...I was looking at YM 3min chart and a signal almost appeared... [14:49] so I lower the interval and there it was (Dark Inverted Hammer). [14:56] 0,4 Shorts ER2 @ 615.7 4,0 垂 paper 遙 [15:01] cya tomrorw. no trades today. [15:02] Ok...just updated the seminar notes to put more emphasis on the terminology of the word Engulfing along with repeating it again in the specific criteria of the trade signal. [15:03] great [15:10] 0,2 Covered all Short ER2 at 615.6 --> + 0.1 4,0 垂 paper 遙 [15:14] Looks to me that the GM spike closed the gap, and it doesn't now want to go down [15:15] Perhaps not up, either? [15:24] 0,2 Covered all YM Short @ 10476 --> - 30 [15:25] im going to go throw up now [15:32] 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. [15:50] Lets see if they dump it last few minutes. [15:56] Too late for me. [15:56] Night all. [15:58] 0,2 Covered all YM Short @ 10471 --> + 15 [16:07] 0,2 Exited all ES Long @ 1184.25 --> - 1.5 [16:44] 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. [17:56] 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. [19:04] . [19:08] 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. [20:20] 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. [21:24] * Disconnected Session Close: Tue Apr 05 21:24:52 2005