Session Start: Fri Apr 08 09:36:49 2005 Session Ident: #FuturesTrades [09:36] * Now talking in #FuturesTrades [09:36] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [09:37] 0,4 Shorts ES @ 620.7 4,0 «« paper »»  [09:38] 0,2 Covered 1/3 Short ES at 620.3 --> + 0.4 4,0 «« paper »»  [09:39] 0,2 Covered remainder Short ES at 620.7 --> 0 4,0 «« paper »»  [09:39] nuts [09:40] 0,4 Shorts YM @ 10564.00 -> small size  [09:40] 0,4 Shorts YM @ 10561.00 -> Add  [09:41] Wow, lookit them hold ES up [09:41] 0,4 Shorts YM @ 10559  [09:41] 0,3 Long ES @ 1194 -> Add 4,0 «« paper »»  [09:43] somebody lite the fuse on this thing :) [09:43] 0,3 Long ZB @ 111'020  [09:44] the openings have been shitty all this week [09:45] :) [09:46] 0,2 Covered 1/2 YM Short @ 10558.00 --> + 3  [09:46] 0,4 Shorts ES @ 619.1 4,0 «« paper »»  [09:46] 0,6 exit stop moved to breakeven YM @ 10564.00  [09:48] long for real at .75 [09:48] 0,2 Trailing Stop Hit YM @ 10564.00 --> 0  [09:48] 0,2 Covered all Short ES at 619.1 --> 0 4,0 «« paper »»  [09:49] 0,2 Exited all ES Long @ 1194 --> 0 4,0 «« paper »»  [09:49] Bailed on real art 94 as well [09:51] Just found out that Greenspan speaks at 1:15pm est today. [09:51] Something to be aware of soon after 1pm est. [09:51] yep [09:51] ! Thanks for the info [09:54] anyone know why oil halted? [09:54] 0,4 Shorts ES @ 1194.5  [09:54] 0,2 Covered all YM Short @ 10568 --> - 9  [09:57] 0,2 Covered all ES Short @ 1193.5 --> + 1  [09:58] 0,4 Shorts NQ @ 1508.00 -> large size  [09:58] I swear that I trade better when I'm tired. [09:59] 0,4 Shorts ES @ 1193.75  [09:59] 0,4 Shorts YM @ 10560  [10:00] gap closer on ES? [10:01] 0,4 Shorts ES @ 1194.75 4,0 «« paper »»  [10:02] 0,2 Covered NQ Short @ 1510.00 --> - 2  [10:02] 0,3 Reverse and Enter Long NQ @ 1510.00  [10:02] 0,2 Covered all ES Short @ 1194.50 --> - 0.75  [10:03] 0,2 Covered all ES Short @ 1194 --> + 0.75 4,0 «« paper »»  [10:05] Man, SMH keeps climbing, but ES refused to fill the gap. This market is strange stuff. [10:05] 0,3 Long ES @ 1193.  [10:06] 0,2 Covered 1/2 YM Short @ 10552 --> + 8  [10:06] 0,6 exit stop moved to breakeven YM @ 10560  [10:06] 0,2 Exited NQ Long @ 1509.00 --> - 1  [10:06] 0,4 Reverse and Enter Short NQ @ 1509.00  [10:06] 0,3 Long ES @ 1193.25  [10:06] :( [10:07] 0,4 Shorts ES @ 1193  [10:07] I thought ES would turn around and follow NQ upwards...helping NQ to climb higher... [10:07] 0,4 Shorts ES @ 1192.75  [10:07] Didn't happen :( [10:08] 0,3 Buys ES @ 619.6 4,0 «« paper »»  [10:10] 0,2 Exited all Long ER2 at 619.3 --> - 0.3 4,0 «« paper »»  [10:11] 0,2 Exited all ES Long @ 1192.75 --> - 0.5  [10:15] 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. [10:15] 0,4 Shorts ES @ 1192.25  [10:15] 0,2 Covered all ES Short @ 1192 --> + 0.25  [10:15] All day downtrend today? [10:15] Clerical error, should be +0.75 [10:15] 0,2 Covered all ES Short @ 1192 --> + 1  [10:17] For those who believe in such things, there is a trend line up from 20th March, that gives support at 1191 today [10:17] 0,2 Covered 2/3 NQ Short @ 1507.00 --> + 2  [10:17] 0,3 Long ES @ 1192.25 -> small size  [10:20] 0,3 Long YM @ 10547  [10:21] 0,2 Exited all YM Long @ 10549 --> + 2  [10:22] 0,2 Exited all ES Long @ 1192.75 --> + 0.5  [10:22] i want short, i want long, i want short.... better stay out [10:24] 0,4 Shorts NQ @ 1507  [10:24] 0,4 Shorts ES @ 1191.75  [10:25] 0,4 Shorts ES @ 1192.25 4,0 «« paper »»  [10:26] 0,2 Covered all ES Short @ 1191.5 --> + 0.75  [10:26] 0,2 Covered all NQ Short @ 1506 --> + 1  [10:27] 0,2 Covered all ES Short @ 1191.25 --> + 0.5  [10:27] Nice shorts everybody :) [10:28] 0,2 Covered all ES Short @ 1190.5 --> + 1.75 4,0 «« paper »»  [10:28] Anybody else showing NY VIX dropping? [10:28] -5.4% [10:28] my vxo is climbing [10:28] Thanks TL. Kinda strange that [10:29] Yeah, Naz Vix is climbing [10:29] vxo is the new vix right? [10:29] yeah [10:29] The new vix is vix. VXO might be the old one [10:30] kinda, i think lol [10:31] 0,3 Long NQ @ 1505.5  [10:32] 0,4 Shorts ES @ 1190.75  [10:32] 0,2 Exited all ZB Long @ 110'310 --> + 110'310 - 111'020  [10:32] 0,2 Exited 1/2 NQ Long @ 1506 --> + 0.5  [10:34] 0,2 Exited Remainder NQ Long @ 1506.5 --> + 1  [10:35] 0,2 Covered all ES Short @ 1190.25 --> + 0.5  [10:36] Our first decent down day in a week, and I start it out by trying longs, lol [10:39] 0,3 Long YM @ 10526  [10:41] 0,4 Shorts ES @ 1190.25  [10:41] 0,2 Exited 1/2 YM Long @ 10530 --> + 4  [10:42] 0,2 Covered all YM Short @ 10532 --> + 28  [10:42] 0,2 Exited Remainder YM Long @ 10531 --> + 5  [10:43] Finally got a nice bread winner this week. All i need is just for this frikin market to move (Volatility) [10:46] Anybody in here considering trading EuroFX and want to understand the difference in its products should read this... [10:46] http://www.elitetrader.com/vb/showthread.php?s=&threadid=47770&perpage=5&pagenumber=1 [10:55] YM had several Hammers on the 5min chart...hope it fails. [10:55] If it does...should push down hard. [10:59] Man, we get four green days in a row, and the idiots flower on EliteTrader like after a t-storm in the desert. Sheesh. [11:01] Niha now u got me reading EliteTrader Profitible message boards :) [11:02] lol. nice baark [11:03] :) [11:04] I still remember those guys in the +20 ES points per contract threads :) [11:05] I think ES had an average range at that time of about 9 points. [11:06] niha, do you get trader monthly mag? [11:06] www.traderdaily.com [11:06] No...never heard of it until a few days ago. [11:07] it has an article this month about rickey chen [11:07] RC-Trader on ET [11:07] Is it online only or an actual magazine also ??? [11:07] actualy print mag [11:07] anyway [11:08] he did a thread posting his trades [11:08] i calculated them [11:08] he had a 90% accuracy rate. [11:08] only if you faded his calls [11:08] :) [11:08] they have an article on him about his seminars [11:08] Oh...I remember that journal. [11:09] he charges $180,000 [11:09] Yes, but that is just for the entry-level service... [11:09] That's the guy that almost that someone saids has over 80% losers. [11:09] it was like 90.2% [11:10] Well...at least he showed his system in realtime when most wouldn't dare to do such. [11:10] pretty humorous seeing that he got some press [11:10] I heard his "clientele" triple even with the losing journal...simply because of the marketing... [11:10] Scary. [11:11] insane [11:11] How could anyone ever make a return on the fees? [11:12] he claims to have made millions [11:12] Not trading like the journal [11:16] he made millions with his customers [11:18] :) [11:18] Can't fault him for doing that. [11:18] :) [11:19] Did he make millions for his customers or from them? [11:19] Anytime someone can post high probability losers and rake in the clietele via charging 180k...I'm impress. [11:20] Starting tomorrow I'm going to charge new members of #FutureSource $2500 per month... [11:21] I'll split it with all current members in here :) [11:21] Doesn't matter if you guys post losers or winners...just post :) [11:21] sold! [11:21] Meant #FuturesTrades not #FuturesSource [11:21] you need my bank account ? iŽll send you my iban-number [11:22] :) [11:23] euro is moving [11:23] When I was a teenager...my step-father told me about a currency trader that was mentoring (charging 75k per client)... [11:23] He was averaging like 25 clients per year. [11:23] geez [11:24] Talk about consultant fees...listen to this story... [11:25] My ex-girlfriends dad is a "Fish Consultant"... [11:26] Basically he helps asian fish boats find customers in the U.S. [11:26] He had a 10 million dollar per year business... [11:26] He was the only employee. [11:26] Crazy. [11:26] 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. [11:27] He once told me if you can smell the fish...it ain't fresh. [11:28] When I go to the super market...the entire fish section smells :) [11:30] Same for the snake-oil section [11:30] 0,2 Covered NQ Short @ 1502.50 --> + 6.5  [11:30] Holding just 1 contract [11:31] Yeah Nihaba. My sniffer is extra sensitive, and I can tell if the fish is fresh in a grocery store as soon as I walk in the place. Sometimes it reeks and I know better than to buy any there. [11:31] Same here. [11:32] Once you buy bad fish and get sick...you never want to go that route again :( [11:32] Never had that happened. Once I got some old salmon (before I knew better) made it, it tasted terrible. I took it back and got a refund. :) [11:33] In college during one summer...I worked for an asian guy in Seattle that purchased large quantities of fish bags...bags you use to put water in and you the store clerk puts your live small fish in so you can take it home and put in your fish tanks... [11:33] He would buy these large quantities of bags (all boxed)...take them back to the wearhouse... [11:34] That's where I cut off the old label and put his label on the box... [11:34] He then turned around and sold them 5x the price to business on the east coast... [11:34] 1.5 million dollar a year business. [11:35] I got paid $15 bucks per hour...cutting off labels and putting on his labels :) [11:35] That is a whole lotta fish bags. [11:36] Only in the U.S. where its possible to make good money from doing just about anything...just have to find a niche. [11:37] Wow, my VIX data feed looks messed up [11:38] That chart cannot be right [11:40] QCharts and FutureSource VIX charts are also weird. [11:40] Must be bad data from the source :( [11:40] 0,4 Shorts YM @ 10533 -> small size  [11:42] Here's FutureSource... [11:42] http://charts.futuresource.com/cis/fscom?cont=VIXY&period=V&varminutes=3&size=730x440&bartype=CANDLE&bardensity=medium&headerbackground=(221,221,221)&headerforeground=(102,102,102)&headerdatacolor=(0,1,125)&studyheaderbackground=(221,221,221)&showextendednames=true&STUDY=MA&STUDY0=200&STUDY1=50&STUDY2=10&random=1008 [11:43] Here's QCharts VIX... [11:43] http://ts-lc.sc8.finance.lycos.com/1085086957234?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:VIX.X&Interval=3&Permission=730&Ht=440&Wd=730&Display=2&Param1=&Param2=&Param3=&FontSize=10&LocaleID=0x0409 [11:44] I like those delay free charts because they are on a different data server than my actual chart standalone program... [11:44] I use them whenever I suspect data problems to do a quick comparison. [11:44] Man, we are overdue for a nice 16 point range. Wonder if today is the day? [11:45] 0,2 Covered all ES Short @ 1189.75 --> + 0.5  [11:46] Rather too reminiscent of yesterday. [11:47] 0,2 Covered Remainder NQ Short @ 1501.00 --> + 8  [11:48] I had to "chat" my way to that profit area to stay patient and not exit early :) [11:50] Liked the fish. It helped me hang on (70 minutes for 1 ES point - very slow). [11:50] 0,2 Covered 1/2 YM Short @ 10515 --> + 18  [11:51] * NihabaAshi is now known as NihabaAshi_away [11:51] nice one niha pretty neat :) [11:52] 0,4 Shorts ES @ 1188.75 4,0 «« paper »»  [11:52] ES going straight to zero :) [11:54] Surely not [11:55] Although I can't see any real support from here down to 85 [11:57] will probably test 1180..the way its going ! [12:05] All we need is Uncle Al to say "The economy is so screwed up that I quit." ;) [12:06] Then we'll get to see if the trading curbs still work :) [12:06] :) [12:06] Your paper trade based on Greenspan quitting?!? [12:07] he he he nice one [12:07] My whole trading plan is. ;) [12:07] lol [12:07] see u in maui then :) [12:07] lol [12:26] 0,2 Covered Remainder YM Short @ 10523 --> + 10  [12:38] 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. [12:41] 0,3 Long YM @ 10525  [12:50] 0,2 Exited all YM Long @ 10515 --> - 10  [12:58] 0,4 Shorts YM @ 10518  [12:59] Say Goodnight gracie [13:12] 0,2 Covered all YM Short @ 10527 --> - 9  [13:12] 0,4 Shorts ES @ 1190.5 -> Add 4,0 «« paper »»  [13:17] 0,4 Shorts YM @ 10519 -> small size  [13:26] 0,4 Shorts ES @ 1189.25  [13:27] 0,4 Shorts ES @ 1189.75 -> Add  [13:27] * WannaBeATrader is now known as WBAT-afk [13:28] 0,4 Shorts YM @ 10527 -> Add  [13:32] 0,2 Covered all ES Short @ 1189.25 --> + 0.5  [13:50] 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. [13:53] Oh man, here's a sure sign of doom:http://www.elitetrader.com/vb/showthread.php?threadid=47782 [13:54] 0,2 Covered 1/3 YM Short @ 10522 --> + 5  [13:56] "I finially had a profitable day today" FFT that guy sounds like the market really gave him a beating. [13:58] Managed 158 posts on ET before making a $100 day. Terminal, I should say. [13:59] Doesn't he realise you can stack up plenty of $100 days and still screw yourself? [14:00] Same writer has put out a question whether there exist technologies for placing orders by telepathy. [14:00] http://www.elitetrader.com/vb/showthread.php?threadid=47662 [14:04] LOL I should add a remark to his profitable thread like "Only 156 mire posts til your next $100 day." :) [14:05] 0,2 Covered 1/3 YM Short @ 10519 --> 0  [14:05] ET member since 37/2003 [14:07] Alan resigned already? [14:07] :) [14:07] Finished for the week. Have an interesting afternoon. [14:08] Cya on Monday Square [14:08] I guess uncle all's speach didnt impress. [14:08] More like Thursday (out of town). Cya all. [14:10] 0,4 Shorts YM @ 10512  [14:17] 0,2 Covered 1/2 YM Short @ 10502 --> + 10  [14:18] 0,6 exit stop moved to breakeven YM @ 10512  [14:25] What we need to do is take up a collection and fly somebody to DC to get Uncle Al drunk as a skunk before some speech. :) [14:26] He sounds drunk during his speeches. [14:29] 0,2 Covered Remainder YM Short @ 10497 --> + 22  [14:30] Nice albtros! [14:31] thanks I was tempted to turn that one into a position trade [14:31] too chicken [14:31] nice one albtros [14:33] thanks TL. was hoping al would talk it up some more to put more on [14:34] 0,2 Covered all YM Short @ 10504 --> + 8  [14:35] ` [14:35] maybe we could just spike Al's Geritol [14:36] your hitting em pretty good tody szu [14:36] today [14:36] lol [14:37] You just know Al hits the sauce pretty good, that'd be hilarious to have him all liquored up before congress [14:38] he would still talk circles around them. I love listening to those [14:38] Didya ever notice the expreossions on the faces of the politicians who wouldn't know a laffer curve if they saw one? But they all nod knowingly. Funny stuff. [14:40] thanks albtros BUT i had a bad week due to overtrading [14:42] there is always next week. I overtraded today. I planned on getting short this mrn [14:42] OK got a decent short sig, soon as this works itself out, I'm out of my PT and done for the day [14:43] and sticking with it. when i missed my entry i got mad and took a long scalp [14:45] 0,2 Covered all ES Short @ 1187.25 --> + 4.75 4,0 «« paper »»  [14:47] Well, cya all on Monday. Have a nice weekend everybody [14:47] cya [14:49] * WBAT-afk is now known as WannaBeATrader [15:00] 0,4 Shorts ER2 @ 613.6 4,0 «« paper »»  [15:00] 0,2 Covered 1/3 Short ER2 at 613.2 --> + 0.4 4,0 «« paper »»  [15:01] 0,6 exit stop moved to breakeven ER2 @ 613.6 4,0 «« paper »»  [15:02] 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. [15:03] 0,2 stop hit ER2 @ 613.6 --> 0 4,0 «« paper »»  [15:03] :( [15:06] 0,3 Long YM @ 10504  [15:13] 0,2 Exited all YM Long @ 10493 --> - 11  [15:14] 0,4 Shorts YM @ 10492  [15:18] 0,2 Covered 1/2 YM Short @ 10481 --> + 11  [15:18] 0,6 exit stop moved to breakeven YM @ 10492  [15:40] 0,2 Covered all YM Short @ 10486 --> + 6  [15:45] 0,3 Long YM @ 10481  [15:53] 0,2 Exited all YM Long @ 10482 --> + 1  [15:53] im gonna call it a week. What a tough week of trading for me. [15:54] have a good weekend. im gone too before i do something dumb [16:09] * NihabaAshi_away is now known as NihabaAshi [16:10] Geesh...everytime I think I caught the most of a trend...call it quits...go enjoy some of the day and come back... [16:10] There's another darn 5 to 10 point move in ES or NQ :( [16:11] I don't keep track of ATR's but they must be expanding since Nov of 2004. [16:11] 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. [17:23] 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. [18:35] 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. [19:44] 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. [20:56] 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. [22:08] 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. [23:20] 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. [23:22] * Disconnected Session Close: Fri Apr 08 23:22:40 2005