Session Start: Thu Apr 07 04:46:03 2005 Session Ident: #FuturesTrades [04:46] * Now talking in #FuturesTrades [04:46] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [04:47] 0,4 Shorts DAX @ 4397.00 -> small size [04:49] Will move stop into a breakeven stop if DAX hits 4394.00 [04:49] However, I won't be able to post it when that occurs... [04:49] Be back later... [04:50] 0,6 exit stop set DAX @ 4406.00 [04:50] * NihabaAshi is now known as NihabaAshi_away [05:17] 0,6 exit stop moved to breakeven DAX @ 4397.00 [05:44] 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. [06:20] * NihabaAshi_away is now known as NihabaAshi [06:20] Crap...my stop got hit :9 [06:20] :( [06:21] 0,2 Trailing Stop Hit DAX @ 4397.00 --> 0 [06:21] Would have been a very nice Short. [06:22] Only problem I chased it by 4 points...that 2 points for an entry at 4401 instead of 4397 would have been ideal especailly since the trade signal ws at 4401. [06:41] * Disconnected Session Close: Thu Apr 07 06:41:30 2005 Session Start: Thu Apr 07 06:52:43 2005 Session Ident: #FuturesTrades [06:52] * Now talking in #FuturesTrades [06:52] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [06:54] 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. [08:06] 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. [08:44] 0,4 Shorts JPY @ 0.9297 [08:53] morn all [09:08] 0,4 Shorts NQ @ 1487.00 -> large size [09:13] I believe that drop was treasuries related... [09:14] It picked off one of my orders that was set for price reaction after 0930am est :( [09:14] Oh well...it happens...gotta make the best of it. [09:17] 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. [09:18] Strange price action...not sure anymore if its Treasuries related (rumor so far). [09:26] morn all ...back [09:26] gm all [09:29] Geesh... [09:29] What's up this morning...look at ER2 [09:29] 10 AM Wholesale Invents - generally a snoozer of a report. 3 PM ConCredit. [09:30] ER2 has been a creature of it's own mind lately. I'm hoping to run some statistics on is this weekend. [09:31] If I can survive the first 15mins...my current loser should become profitable. [09:31] Sooner or later we're gonna have to bust a move out of this range [09:31] Agree. [09:33] SMH climben [09:34] 0,4 Shorts ES @ 1188 4,0 ŤŤ paper ťť [09:34] at this stage a b/out above 1200 on es will see it retest its highs [09:34] not neccessarily break out of the range [09:35] but if it goes the other way.... [09:37] real short at .25 [09:38] :( [09:38] 0,2 Covered all ES Short @ 1188.75 --> - 0.75 4,0 ŤŤ paper ťť [09:38] -.5 real [09:40] 0,4 Shorts NQ @ 1490.50 -> Add [09:40] 0,4 Shorts ER2 @ 616.9 4,0 ŤŤ paper ťť [09:41] ES is yearning for the stars but ER2 and NQ are fighting it [09:41] 0,2 Covered 1/3 Short ER2 at 616.5 --> + 0.4 4,0 ŤŤ paper ťť [09:41] 0,6 exit stop moved to breakeven ER2 @ 616.9 4,0 ŤŤ paper ťť [09:42] Short YM @ 10510 small size [09:42] 0,2 Covered 1/3 Short ER2 at 616 --> + 0.9 4,0 ŤŤ paper ťť [09:43] YM stop at breakeven [09:44] 0,6 exit stop lowered ER2 @ 615.6 4,0 ŤŤ paper ťť [09:44] 0,2 stop hit ER2 @ 615.6 --> + 1.3 4,0 ŤŤ paper ťť [09:45] Geeesh...wish all would catch up to ER2. [09:46] ER is the only one that didnt close gap [09:46] yup ,,,er2 in its own world ... [09:48] 0,4 Shorts ES @ 1187.25 [09:50] YM breakeven stop hit +0.00 [09:52] Always expect the unexpected :( [09:53] we just chopping around here...tuff to get a trade going ...sigh [09:53] yup. each time a trend emreges, it gets faded [09:54] 0,4 Shorts ES @ 1188.0 4,0 ŤŤ paper ťť [09:54] Well...I'm short...suddenly and unexpectantly. [09:54] At a loss. [09:55] and i bet the coming earnings season won't help much.. [09:55] wholesale inventories at 10:00 [09:55] and its not even summer duldrums yet. [09:57] 0,4 Shorts ES @ 88.25 4,0 ŤŤ Scalp ťť [09:58] 0,2 Covered ES Short @ 87.75 --> + 0.5 4,0 ŤŤ Scalp ťť [09:58] Preparing to do a trade reversal along with adding more contracts to make it a normal size large position. [10:01] 0,3 Long YM @ 10515 [10:01] 0,2 Covered all ES Short @ 1187.75 --> - 0.5 [10:02] 0,2 Exited all YM Long @ 10505 --> - 10 [10:02] 0,2 Covered all ES Short @ 1187.25 --> + 0.75 4,0 ŤŤ paper ťť [10:03] Gotta concentrate more on this market and less on chat. Cya all later. [10:04] 0,2 Covered NQ Short @ 1493.50 --> - 6.5 [10:04] 0,3 Reverse and Enter Long NQ @ 1493.50 [10:04] 0,2 Covered all JPY Short @ 0.9279 --> + 0.0018 [10:04] about time I got a profitable trade. [10:07] Long YM @ 10510 large size [10:08] More volatility than yesterday at this time but still crappy price action [10:09] 0,4 Shorts YM @ 10503 [10:12] i got no clue, this could go either way [10:13] 15 minute Fair Value points all identical at 1188.00 [10:14] 0,2 Covered all YM Short @ 10514 --> - 11 [10:14] I need a 1496.50 to be profitable in NQ [10:16] 0,4 Shorts ES @ 88.75 4,0 ŤŤ Scalp ťť [10:18] 0,2 Covered ES Short @ 88.25 --> + 0.5 4,0 ŤŤ Scalp ťť [10:20] 0,4 Shorts YM @ 10510 [10:20] Exit all YM @ 10511 +5.00 :( [10:20] That's a +1 not a +5 [10:21] And my NQ just got picked off at breakeven :( [10:21] 0,2 Exited all NQ Long @ 1493.50 --> + 3 [10:21] ??? [10:22] That's a +0.00 NQ trade...not sure why the script isn't posting accurate numbers. [10:23] Traded EC and DAX earlier this morning...breakeven trades also there to only see them go my way big after my stop got hit :( [10:26] b/e-stop gets often hit and then market moves in the right direction. maybe best to split contracts, one half gets b/e-stop, the other half stays with initial stop ? [10:26] 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. [10:27] Hendrik...I actually traded that way originally during the bubble...didn't work well. [10:27] Not sure how it would work now. [10:28] i'm surprised niha - just about anything worked during the bubble :) [10:29] Yes...it was profitable but not as profitable to what I'm doing now. [10:29] It also caused more stress for some reason. [10:30] 0,4 Shorts ES @ 89 4,0 ŤŤ Scalp ťť [10:31] 0,2 Covered all YM Short @ 10519 --> - 9 [10:31] 0,3 Long NQ @ 1494.50 -> large size [10:31] 3rd Stop hit i got to chill [10:32] 0,4 Shorts ES @ 1189.5 [10:32] 0,2 Covered ES Short @ 89.50 --> - 0.5 4,0 ŤŤ Scalp ťť [10:33] 0,3 Buys ER2 @ 617.7 4,0 ŤŤ paper ťť [10:39] 0,2 Exited 1/3 Long ER2 at 618 --> + 0.3 4,0 ŤŤ paper ťť [10:41] 0,2 Exited 1/3 Long ER2 at 618.3 --> + 0.6 4,0 ŤŤ paper ťť [10:41] 0,6 exit stop set ER2 @ 618.1 4,0 ŤŤ paper ťť [10:42] :( [10:42] szubaark...I know the feeling well today [10:43] 0,2 Exited all NQ Long @ 1495.00 --> + 0.5 [10:44] 0,6 exit stop lowered ER2 @ 618 4,0 ŤŤ paper ťť [10:45] Will try dart throwing next at NQ's chart that's on the wall :) [10:45] wheee [10:45] should work with the right exit strategy and money management [10:46] 0,6 exit stop raised ER2 @ 618.4 4,0 ŤŤ paper ťť [10:46] Hendrik :) [10:47] er2 still has a mind of its own [10:47] :) [10:47] but its in my favour ringh now, so i'm not complaining :) [10:48] :) [10:50] 0,2 Exited remainder Long ER2 at 618.9 --> + 1.2 4,0 ŤŤ paper ťť [10:50] 0,4 Shorts ES @ 90.50 4,0 ŤŤ Scalp ťť [10:50] Nice Les [10:50] thx niha [10:50] 2 really good trades form er2 today [10:51] 0,3 Long NQ @ 1497.00 -> large size [10:51] 0,3 Buys ES @ 1191 4,0 ŤŤ paper ťť [10:52] 0,2 Covered ES Short @ 91 --> - 0.5 4,0 ŤŤ Scalp ťť [10:52] Looking to ADD [10:53] :( [11:00] 0,4 Shorts YM @ 10530 [11:00] Anbody know why the CAC-40 and FTSE-100 Futures open late today ??? [11:01] welcome back FFT [11:01] Thanks, now that I'm back in black, I can goof off more ;) [11:01] good for you :) [11:02] Weird how yesterday it seemed like the market loved selling NQ and buying ES and now it's swotched [11:02] I tell ya, it was touch and go when the marketdidn't wanna take my ask up at the ES close. darn thing. But I got it. [11:04] 0,2 Covered all YM Short @ 10539 --> - 9 [11:05] Lookit TRIN climb along with the market. Wierd stuff man. [11:05] 0,6 exit stop moved to breakeven NQ @ 1497.00 [11:06] Well...I gave it enough breathing room...les see if my breakeven stop can hold. [11:06] If I was a scalper today and yesterday...I would be profitable... [11:07] All my trades went my way for a few ticks prior to reversing against me. [11:07] :( [11:07] However, I'm looking for points...not ticks. [11:08] Unreal !!! [11:08] 0,2 Trailing Stop Hit NQ @ 1497.00 --> 0 [11:09] I was loaded and got nothing :( [11:09] gotta ER for points, it would seem :( [11:11] If today really is a trend up day, we chould break that 1200 level. [11:11] Hard to belive it tho with TRIN making higher highs [11:11] My first Long today was at 1493.50 [11:12] All Longs today have been picked off at breakeven except for one in which I decided to grab a tick :( [11:14] 0,3 Long ES @ 1191.5 [11:16] 0,4 Shorts YM @ 10541 [11:20] The deep pockets have the clamps on ES until they get the position they want, it would seem [11:23] Lookit that. AA slow market and somebody takes 100 cars at the ask. [11:25] yup. All that opening Chop was deep pockets positioning Longs [11:25] 0,2 Exited all ES Long @ 1191.5 --> 0 [11:25] Rats, buyers at .50 now [11:38] 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. [11:42] 0,3 Long ES @ 1191 [11:44] * FFT sacrifices a chicken to the Trend Gods [11:44] they prefer goats [11:48] 0,2 Covered 1/2 YM Short @ 10535 --> + 6 [11:48] 0,6 exit stop moved to breakeven YM @ 10541 [11:58] 0,3 Long ES @ 1190.75 -> small size [11:59] 0,2 Covered all YM Short @ 10540 --> + 1 [12:02] 0,3 Long ES @ 1191.00 4,0 ŤŤ paper ťť [12:04] 0,2 Exited all ES Long @ 1191 --> + 0.25 [12:09] 0,2 Exited all ES Long @ 1192.00 --> + 1 4,0 ŤŤ paper ťť [12:10] k guys c u all later ..back to office ty [12:16] 2 more trades...unposted...breakeven :( [12:21] 0,4 Shorts NQ @ 1496.00 -> large size [12:21] 0,6 exit stop moved to breakeven NQ @ 1496.00 [12:22] Fingers are crossed and I put on my lucky hat. [12:23] Be back later to post results...trying a FFT move to see if it helps :) [12:23] * NihabaAshi is now known as NihabaAshi_away [12:25] 0,2 Covered all NQ Short @ 1495.50 --> + 0.5 [12:25] * NihabaAshi_away is now known as NihabaAshi [12:25] Didn't work :( [12:28] 0,3 Long NQ @ 1496.50 -> large size [12:30] * FFT sacrifices one old share of KMart to the Trend Gods [12:31] could be a Stop fishing expedition [12:32] ER2 doing its superman act today. [12:34] 0,2 Exited 2/3 NQ Long @ 1497.00 --> + 0.5 [12:34] 0,2 Exited Remainder NQ Long @ 1496.50 --> 0 [12:34] Unreal !!! [12:35] 0,2 Exited all ES Long @ 1191.75 --> + 0.75 [12:35] :P [12:35] 0,4 Shorts ES @ 1191.75 -> small size [12:35] Ooooo those bastids! [12:37] 0,3 Long NQ @ 1499.50 -> large size [12:38] 0,2 Covered all ES Short @ 1187.5 --> + 2 [12:38] lol [12:38] hit the key by mistake [12:39] 0,4 Shorts ES @ 1195.75 [12:39] 0,6 cancelled all open limit orders [12:39] 0,4 Shorts ES @ 1194 -> Add [12:40] 0,4 Shorts ES @ 1194.5 [12:40] 0,2 Exited 2/3 NQ Long @ 1502.50 --> + 3 [12:41] That trade felt like a baptism after how the entire day and yesterday went. [12:42] hehe... good analogy niha! [12:42] Grrr, waited all that time and got shook out for only .75 [12:42] I'm ready to kick some ass now. [12:44] Note: I have not put in a breakeven stop just in case FFT knows someone. [12:45] heheh.. that FFT [12:50] 0,2 Exited Remainder NQ Long @ 1501.50 --> + 2 [12:50] 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. [12:51] 0,4 Shorts ER2 @ 622.30 -> large size [12:52] careful niha [12:52] I havent seen u trade this late Niha in a while [12:53] Market must have pissed you off hehehe [12:53] * Awash is now known as Awash_afk [12:59] 0,2 Covered 2/3 ER2 Short @ 622.10 --> + 0.2 [12:59] 0,3 Long ES @ 1193 [12:59] 0,2 Exited all ES Long @ 1192.5 --> - 0.5 [12:59] Dang [13:01] 0,2 Covered all ES Short @ 1192.75 --> + 0.25 [13:01] This is ridiculous [13:03] well this is the mrkt :) [13:04] szubaark...market is only allowed to kick my butt once per month. [13:04] It did that yesterday... [13:05] really? [13:05] Today it tried to put its hands in my pockets again...no way was I going to become a victim again :) [13:05] i had a pretty good day yesterday [13:06] i will read your journal [13:06] I only update it once per week (usually on the weekends). [13:07] ...when you write it... :) [13:08] 0,2 Covered all ES Short @ 1190.75 --> + 3.75 [13:09] wow [13:09] nice score [13:09] tks [13:09] Agree [13:12] real nice ct [13:13] 0,4 Shorts ES @ 1190.75 -> small size [13:14] If this can push down a little more...I may be able to hold this trade for the remainder of the trading day and possibly cover at/near today's lows. [13:17] 0,4 Shorts ES @ 1191.75 -> Add [13:17] Eminis needs to break below the support of that prior price pullback... [13:18] To force those Longs to start banking what's left of their profits. [13:18] If not...more intraday highs :( [13:25] 0,3 Long ES @ 1192 -> large size [13:37] 0,4 Shorts YM @ 10539 [13:37] 0,2 Covered all ES Short @ 1190.75 --> + 1 [13:41] 0,2 Covered 1/2 YM Short @ 10532 --> + 7 [13:41] 0,6 exit stop moved to breakeven YM @ 10539 [13:42] 0,2 Exited all ES Long @ 1189.50 --> - 2.5 [13:42] 0,3 Long ES @ 89.50 [13:42] nice way to hold that trade niha [13:44] 0,2 Exited ES Long @ 90 --> + 0.5 [13:44] Glad I kepted some remainders after dumping a bulk of it when I realized I enter the trade via a signal error. [13:44] yeah. pretty sweet [13:47] more to go it looks like. [13:51] NQ didn't push below the support of its prior pullback... [13:51] If the Eminis bounce here and go back up...blame it on NQ. [13:52] lol [13:52] oil getting crushed [13:53] NQ seems to love that 1500 [13:56] 0,4 Shorts ES @ 1189.75 [13:57] ...only small. Will add up to 90.75 and scratch if goes through 91 [13:59] 0,2 Covered all YM Short @ 10539 --> 0 [13:59] :( [14:02] 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. [14:03] 0,4 Shorts ES @ 1190.25 -> Add [14:07] Very big push (1200 contracts at90.75) but lots of congestion just above here. [14:09] 0,4 Shorts ES @ 1191 -> Add [14:19] 0,4 Shorts YM @ 10544 [14:24] 0,4 Shorts ES @ 1191.50 -> Add [14:25] Any bears in here? ;) [14:25] square you loading up the boat [14:25] No. I'm a bull [14:25] Am at breakeven preciselly, and just want a couple of ticks! [14:26] 0,2 Covered 1/2 YM Short @ 10539 --> + 5 [14:26] 0,6 exit stop moved to breakeven YM @ 10544 [14:31] 0,2 Covered all YM Short @ 10543 --> + 1 [14:34] OT: It's getting harder and harder to win the Darwin Award: http://story.news.yahoo.com/news?tmpl=story&cid=817&ncid=757&e=10&u=/ap/20050407/ap_on_fe_st/exploding_eatery [14:37] Hmmm, is this our 1200 attempt? [14:39] 0,3 Long ES @ 1192.5 [14:39] 0,3 Long ES @ 1192.5 [14:44] 0,4 Shorts YM @ 10558 4,0 ŤŤ paper ťť [14:46] 0,2 Exited all ES Long @ 1194 --> + 1.5 [14:47] 0,2 Exited all ES Long @ 1193.75 --> + 1.25 [14:52] Dang Citi, we sshoulda hung on, methinks [14:52] for sure [14:52] 96 neext ? [14:53] Could be. 97 is a HOD from a bit ago [14:53] damed if i do damed if i dont [14:53] I hear ya :( [14:54] ADR analysis says there's a decent chance of a lot more range today. [14:54] Which way tho it doesn't tell us ;) [14:55] 0,2 Covered all YM Short @ 10558 --> 0 4,0 ŤŤ paper ťť [14:56] 0,6 exit stop raised ES @ 1189.75 4,0 ŤŤ paper ťť [14:56] 0,3 Long ES @ 1193.75 [14:57] 0,6 exit stop raised ES @ 1190.25 4,0 ŤŤ paper ťť [15:00] 0,2 Exited all ES Long @ 1194.5 --> + 0.75 [15:01] Thank you Bond Boys :) [15:01] nt [15:01] Thanks :) [15:01] missed the pulback [15:01] This whole freaken week has been tuff for me :( [15:02] 0,6 exit stop raised ES @ 1191 4,0 ŤŤ paper ťť [15:02] I've got a lot of studying to do this weekend :( [15:02] coiled [15:02] 0,4 Shorts ES @ 1194 [15:05] 0,2 Exited all Long ES at 1194 --> + 3 4,0 ŤŤ paper ťť [15:05] FFT u not the only one.. this has been TOUGH Week [15:05] and thats me done for today [15:06] TRIN was doing a fine job forecasting market direction today [15:07] And it's going for higher prices, FWIW [15:07] Now that I pointed it out, it'll prolly fail ;) [15:08] 0,2 Covered all ES Short @ 1193.5 --> + 0.5 [15:08] 0,4 Shorts YM @ 10559 4,0 ŤŤ paper ťť [15:09] 0,4 Shorts YM @ 10558 [15:10] SMH threatening new HOD [15:12] Still [15:13] new HOD for SMH [15:14] 0,3 Long ES @ 1193.25 [15:14] 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 Covered all YM Short @ 10558 --> + 1 4,0 ŤŤ paper ťť [15:15] * FFT is on the ask, come on ES [15:16] 0,2 Exited all ES Long @ 1194 --> + 0.75 [15:16] * FFT looks at his bag of nickels and dimes from trading today and sighs. [15:17] trade them in for some beans [15:17] lol [15:17] I could use some . . .er. . . "magic" beans ;) [15:19] 0,3 Long ES @ 1193.75 [15:20] TRIN potneital break in downtrend [15:20] potential, that is to say [15:25] 0,2 Covered all YM Short @ 10559 --> - 1 [15:25] dont like it when it just sits there [15:31] Nor do I [15:33] It's a little pass 3:30pm est and no big sell-off :( [15:34] 1200 push still to come ;) [15:39] 0,4 Shorts YM @ 10557 [15:44] oohhh great just saw Greenspan speaking tomorrow also :( [15:47] Just what we need for an orderly market [15:54] 0,2 Covered all YM Short @ 10559 --> - 2 [15:54] 0,3 Long YM @ 10559 [15:58] 0,2 Exited all ES Long @ 1194.25 --> + 0.5 [16:00] 0,2 Exited 1/2 YM Long @ 10567 --> + 8 [16:00] 0,6 exit stop moved to breakeven YM @ 10559 [16:09] 0,2 Exited all YM Long @ 10571 --> + 12 [16:09] had to exit..damn i made 10 trades and still down for day [16:11] 0,2 Covered all ER2 Short @ 621.80 --> + 0.5 [16:26] 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. [16:48] Take care all...another tough trading day for me but profitable and some good lessons well-learned. [16:48] * Disconnected [16:48] * Attempting to rejoin channel #FuturesTrades [16:48] * Rejoined channel #FuturesTrades [16:48] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [16:48] Take care all...another tough trading day for me but profitable and some good lessons well-learned. [16:48] * Disconnected Session Close: Thu Apr 07 16:48:50 2005