Session Start: Wed Apr 06 09:30:28 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 [09:32] morn all [09:32] gm [09:33] gm all [09:34] 0,4 Shorts ES @ 1188.5 4,0 «« paper »»  [09:34] real trade [09:35] 0,4 Shorts ES @ 1188.25 4,0 «« paper »»  [09:36] 0,2 Covered all ES Short @ 1188.25 --> + 0.25  [09:43] 0,3 Long ES @ 1187.75 4,0 «« paper »»  [09:44] 0,4 Shorts ER2 @ 618.4 4,0 «« paper »»  [09:44] Looks like the market is doing some "probing" to find a direction. [09:45] 0,2 Covered 1/3 Short ER2 at 618 --> + 0.4 4,0 «« paper »»  [09:45] looking short though [09:46] 0,2 Covered remainder Short ER2 at 618.3 --> + 0.1 4,0 «« paper »»  [09:47] 0,3 Long ES @ 1187.25  [09:50] 0,2 Exited all ES Long @ 1187 --> - 0.75 4,0 «« paper »»  [09:50] 0,4 Shorts ES @ 1187  [09:52] Somebody seems to be selling ES [09:53] 0,3 Buys ER2 @ 619.7 4,0 «« paper »»  [09:54] 0,2 Exited 1/3 ES Long @ 1188 --> + 0.75  [09:55] 0,4 Shorts YM @ 10504  [09:57] 0,2 Exited Remainder ES Long @ 1187.25 --> 0  [09:57] 0,2 Exited Long ER2 @ 619.2 --> - 0.5 4,0 «« paper »»  [09:57] 0,4 Reverse and Enter Short ER2 @ 619.2 4,0 «« paper »»  [09:58] 0,2 Covered all Short ER2 at 619 --> + 0.2 4,0 «« paper »»  [10:01] Its ready to go either way [10:01] 0,3 Long ER2 @ 619.30 4,0 «« paper »»  [10:03] 0,2 Exited all ER2 Long @ 619.90 --> + 0.6 4,0 «« paper »»  [10:04] ER2 wants more upside. [10:04] 0,2 Covered all YM Short @ 10511 --> - 7  [10:04] 0,3 Long YM @ 10510  [10:05] Ym pushing up also [10:06] 0,4 Shorts ER2 @ 620.1 4,0 «« paper »»  [10:08] 0,2 Exited all YM Long @ 10510 --> 0  [10:08] i cant read this [10:09] 0,2 Covered 1/3 Short ER2 at 619.8 --> + 0.3 4,0 «« paper »»  [10:09] guess we have to wait till 10.30 [10:10] 0,2 Covered remainder Short ER2 at 620.1 --> 0 4,0 «« paper »»  [10:15] 0,3 Buys ER2 @ 620.2 4,0 «« paper »»  [10:15] 0,4 Shorts ES @ 1188 -> small size  [10:17] 0,2 Exited 1/3 Long ER2 at 620.7 --> + 0.5 4,0 «« paper »»  [10:17] 0,2 Covered all ES Short @ 1188 --> - 1  [10:17] 0,2 Exited remainder Long ER2 at 620.2 --> 0 4,0 «« paper »»  [10:18] 0,4 Shorts YM @ 10512  [10:24] 0,2 Covered all ES Short @ 1187.50 --> + 0.5  [10:26] boy... these greenie days... really are boring! [10:28] Yeah, if this gets any more exciting, I'm gonna need a defibilator. ;) [10:28] :) [10:28] Good one recommended in the Wall St Journal today... [10:29] With my trading today, I need to be on the Rent-To-Own plan, lol [10:30] 0,3 Buys ER2 @ 620.6 4,0 «« paper »»  [10:30] 0,4 Shorts ER2 @ 621.10  [10:31] 0,2 Covered all YM Short @ 10523 --> - 11  [10:31] 0,3 Long NQ @ 1500.00 -> small size  [10:31] 0,3 Long YM @ 10523  [10:31] 0,2 Exited 1/3 Long ER2 at 621.1 --> + 0.5 4,0 «« paper »»  [10:31] 0,2 Exited all YM Long @ 10514 --> - 9  [10:32] :(( [10:32] 0,4 Shorts ES @ 1187.75 -> small size  [10:32] 0,2 Exited remainder Long ER2 at 620.6 --> 0 4,0 «« paper »»  [10:33] 0,4 Shorts ES @ 1188.25 -> Add  [10:33] 0,4 Shorts YM @ 10511`  [10:34] 0,2 Covered all ES Short @ 1187.50 --> + 1  [10:34] 0,2 Exited NQ Long @ 1498.00 --> - 2  [10:34] 0,4 Reverse and Enter Short NQ @ 1498.00  [10:35] 0,2 Covered 1/2 YM Short @ 10501 --> + 10511` - 10501  [10:35] 0,4 Shorts ES @ 1187  [10:35] 0,4 Shorts YM @ 10511  [10:35] 0,2 Covered 1/2 YM Short @ 10501 --> + 10  [10:35] 0,2 Covered all ER2 Short @ 619.10 --> + 2  [10:35] lets close this stinkin gap [10:36] Nice looking Bearish Dark Inverted Hammers via the 2min chart to get this to push downwards :) [10:36] 0,2 Covered 1/2 NQ Short @ 1495.00 --> + 3  [10:36] 3min YM also? [10:36] on nq ? [10:37] My YM chart is a CBOT chart and its not valid on the 3min chart. [10:37] 0,3 Long YM @ 10501  [10:38] ES and NQ 2min chart is what I saw the pattern on and reversed my Long into a Short because of it. [10:39] 0,2 Exited all YM Long @ 10502 --> + 1  [10:41] 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. [10:43] 0,2 Covered Remainder NQ Short @ 1497.00 --> + 1  [10:43] 0,2 Covered all YM Short @ 10511 --> 0  [10:45] 0,3 Long YM @ 10508  [10:46] 0,2 Exited all YM Long @ 10517 --> + 9  [10:48] 0,4 Shorts ER2 @ 621.2  [10:49] 0,4 Shorts ES @ 1188.75  [10:51] 0,4 Shorts NQ @ 1499.00 4,0 «« paper »»  [10:51] 0,4 Shorts NQ @ 1498.50 -> large size  [10:52] 0,4 Shorts YM @ 10515  [10:57] 0,4 Shorts ES @ 1189.25 -> Add  [10:59] 0,2 Covered all NQ Short @ 1499.00 --> 0 4,0 «« paper »»  [10:59] sheesh... sea of red [11:00] wheres ur red alert FFT? [11:00] 0,2 Covered all YM Short @ 10524 --> - 9  [11:00] FFT is on the defibrillator [11:00] lol [11:00] 0,3 Long YM @ 10523  [11:00] lol [11:03] NQ just loves 1500 [11:05] 0,2 Exited 1/2 YM Long @ 10532 --> + 9  [11:06] 0,6 exit stop moved to breakeven YM @ 10523  [11:12] 0,2 Covered NQ Short @ 1503.00 --> - 4.5  [11:12] 0,3 Reverse and Enter Long NQ @ 1503.00  [11:15] I hate creeper uptrends on low volatility...tough to gauge the price action. [11:16] Exackly.. and slightest downtick makes me nervous and want to Exit [11:18] 0,4 Shorts ES @ 1190.25 -> Add  [11:18] 0,2 Exited all YM Long @ 10523 --> 0  [11:18] :(( [11:18] 0,3 Long YM @ 10523  [11:18] Late report, sorry. [11:20] . [11:23] I see upside in the eminis...the question is will I still be on board or can I survive any further push downs. [11:24] 0,2 Exited all YM Long @ 10526 --> + 3  [11:26] ES should test 1193.50 [11:35] We have lower highs in ER and YM. FWIW (which is not much on this day) [11:36] Also higher lows which means consolidation for now. Normally it means that. [11:38] But everything seems clear for trend up day [11:50] 0,3 Long YM @ 10531 4,0 «« paper »»  [11:53] 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. [11:56] c u all later ...back to office...ty [11:56] 0,2 Exited all YM Long @ 10534 --> + 3 4,0 «« paper »»  [12:00] 0,2 Exited all NQ Long @ 1500.50 --> - 2.5  [12:01] Got shook again :( [12:25] 0,3 Long YM @ 10531  [12:28] 0,3 Long NQ @ 1501.50 -> small size  [12:29] 0,2 Exited all YM Long @ 10536 --> + 5  [12:36] I was ready to ADD some size to that Long but it just fizzled :( [12:38] 0,3 Long NQ @ 1501.50 -> Add  [12:46] 0,3 Long NQ @ 1500.00 -> Add  [12:47] I just DONT TRUST any of this price action. [12:47] :) [12:48] Well...if this trade flops like the prior ones...I'll call it a day and take my loss because I thought the price action will improve dramatically enough for me to participate in the late afternoon trading session. [12:48] want to go long ES ..still waiting for an entry [12:48] thought = doubt [12:50] if it can get to 1502.00 I'll ADD some size. [12:59] :( [13:00] 0,2 Exited all NQ Long @ 1497.50 --> - 6.5  [13:02] Calling it quits...price action just not worth it and to offset today's loss is just one good day trading...plenty of trading day's in the month. [13:02] yep [13:05] 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. [13:11] Wednesday's are usually my most profitable trading days...mainly because I'm trading different trading instruments which increases the odds of me catching one of my favorite trade signals. [13:11] However, today...I got fixated on NQ and wasn't monitoring anything else :( [13:12] That's the reason why I stopped as soon as I realized I got "married" to NQ today. [13:16] Actually...I got fixated on NQ around 1030am est. [13:18] well what can i do when u get a Valid signal and it just Whips around back and forth? Thats trading i guess. [13:33] ..so far today's one of the worst trading day [13:40] It's because we are so close to the level from which the market broke on 18th March: ES=1194.25 [13:41] It failed just below there on 31st. [13:41] Today, cannot make up its mind [13:46] 0,2 Covered all ER2 Short @ 619.2 --> + 2  [13:50] 0,2 Covered all ES Short @ 1189.25 --> + 0.5  [13:58] Just got back...nice sell-off. [13:59] Anbody see the Bearish Dark Inverted Hammer in ER2 5min chart ? [14:00] Too bad it didn't occur earlier when I was trading. [14:03] must there not be a white wrb before ? [14:04] 0,4 Shorts YM @ 10522  [14:10] [14:03] must there not be a white wrb before ? [14:11] Remember the discussion we had yesterday about Normal GAPS = White WRB [14:11] Meant Normal UpGAP = White WRB [14:12] there is a white wrb at 11:05, also hidden gap [14:12] However, there was a White WRB just in case you forgot about the Normal GAP [14:12] so the signal can occur 2 hours later ? [14:13] 0,2 Covered all YM Short @ 10521 --> + 1  [14:13] still think it has potential [14:14] Hendrik...it can occur anytime accordingly to your chart interval. [14:14] Example...if your using MONTHLY charts instead of intraday charts...the signal can occur 5 months from now :) [14:14] ok. didn´t know that. thx ! [14:14] Ok...lets assume you didn't know that...what did you think was the time duration ??? [14:15] you mean how many bars before it should have occured ? [14:15] Yes...what did you think it was ??? [14:16] By the way...there was also a White WRB @ 1045am est. [14:16] well i thought it should have occured in the LAST uptrend before hammer [14:17] Last uptrend ??? [14:17] 0,4 Shorts YM @ 10517  [14:17] maybe i misinterpreted: "there must be a white wrb in an uptrend that LEADS to ..." [14:17] 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. [14:18] Hendrik...give me the times of what you call the "Last Uptrend..." [14:18] That will clear it up. [14:18] 620.80-622.00 [14:18] Well...that's right. [14:19] You are aware its TWO trade signals ??? [14:19] no [14:19] Have you read the trading notes ??? [14:20] It's introduced as two possible trade signals... [14:21] One as a "Bearish Trend Reversal Signal" and the other as a "Bearish Continuation Signal" [14:21] yes i know [14:21] Two possible trade signals from the Bearish Dark Inverted Hammer. [14:21] i know what you mean [14:22] Both requiring an Uptrend witha white WRB Hidden GAP in that uptrend PRIOR to the appearence of the trade signal. [14:22] The Key is the White WRB. [14:22] ok [14:22] Without it...I don't consider it an uptrend. [14:23] More specifically...a White WRB Hidden GAP. [14:25] Most uptrends will have a white WRB...not all will have a white WRB Hidden GAP. [14:25] The latter is the most important. [14:25] 0,2 Covered all YM Short @ 10528 --> - 11  [14:25] just see, in the strat hidden gap is not required [14:26] b ut anyway, there was a hidden gap [14:27] Well...its required and will occur via either a Normal UpGAP or via a normal price uptrend. [14:27] what i misinterpreted was point 1. but now it is clarified ! [14:30] That's the purpose for the seminars...not so much to educate but for me to find out where the "misinterpretations" and "confusing criteria" are at so that I can fix it once something has been identified. [14:30] I can only do such in realtime as trade signals occur because that's when the real questions occurs. [14:31] that´s a good way to learn ! [14:32] It's also a good way for me to better define my own strategies. [14:32] :) [14:32] so, good for both of us ! that´s fine. [14:35] 0,3 Long YM @ 10525  [14:43] 0,2 Exited all YM Long @ 10516 --> - 9  [14:49] 0,3 Long YM @ 10520  [14:49] * NihabaAshi is now known as NihabaAshi_away [14:59] 0,2 Exited all YM Long @ 10511 --> - 9  [14:59] 0,4 Shorts ES @ 1188.25  [15:00] no trades today [15:00] cya all tomororw. [15:02] TLT no throwing up today :) [15:16] 0,3 Long YM @ 10520  [15:17] 0,2 Exited all YM Long @ 10511 --> - 9  [15:17] what a day [15:18] 0,3 Long YM @ 10507  [15:22] 0,2 Exited all YM Long @ 10499 --> - 8  [15:23] 0,4 Shorts YM @ 10495  [15:23] dark inverted hammers on 3-min-charts (15:15) in all indices. but i´m not sure if all parameters are fulfilled. [15:27] always something missing, er2 was nearest. [15:28] 0,2 Covered all YM Short @ 10494 --> + 1  [15:29] I chased it [15:29] 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. [15:34] 0,2 Covered all ES Short @ 1185.75 --> + 1.25  [15:35] Still think we're going a lot lower tho [15:39] * NihabaAshi_away is now known as NihabaAshi [15:40] i took a beating today. im done. [15:43] Hendrik...see private message. [15:45] * Looking up Hendrik user info... [16:06] i had just 1 trade @ 9.47 got away with +3 ticks, szu [16:08] Gruelling day, goodnight all. [16:38] 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. [16:51] * Disconnected Session Close: Wed Apr 06 16:51:16 2005