Session Start: Tue Apr 12 09:30:11 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] FOMC minutes released today [09:31] Yep...also 2pm est Treasury Budget. [09:31] yes at 14h00 [09:39] 0,3 Long ES @ 1180 4,0 «« paper »»  [09:40] 0,2 Exited 1/2 ES Long @ 1180.5 --> + 0.5 4,0 «« paper »»  [09:40] 0,3 Long ES @ 1180.5  [09:41] 0,2 Exited 1/4 ES Long @ 1180.5 --> + 0.5 4,0 «« paper »»  [09:42] 0,2 Exited Remainder ES Long @ 1180\ --> + 1180\ - 1180 4,0 «« paper »»  [09:42] exit at 1180 +0 [09:43] 0,2 Exited all ES Long @ 1179.75 --> - 0.75  [09:43] Trend day? [09:44] My VIX is suffering from bad data again. [09:45] It's getting to the point I don't even look at the VIX charts anymore because of all the data problems with it. [09:46] I got a nice long sig, but I think I'll just pass this one by [09:47] Which means we'll prolly close the gap ;) [09:48] 0,4 Shorts ES @ 1179.25 4,0 «« paper »»  [09:49] 0,2 Covered 1/2 ES Short @ 1178.75 --> + 0.5 4,0 «« paper »»  [09:49] 0,4 Shorts ER2 @ 604.5 4,0 «« paper »»  [09:54] 0,2 Covered 1/3 Short ER2 at 604 --> + 0.5 4,0 «« paper »»  [09:54] 0,6 exit stop moved to breakeven ER2 @ 604.5 4,0 «« paper »»  [09:56] 0,2 Covered 1/4 ES Short @ 1177.75 --> + 1.5 4,0 «« paper »»  [09:56] * FFT sets stop @ 79 (BE+.25) [09:57] 0,3 Long NQ @ 1476  [09:58] There's some evidence we have a trend down day [09:58] 0,2 Covered 1/3 Short ER2 at 603.5 --> + 1 4,0 «« paper »»  [10:00] 0,3 Long YM @ 10419  [10:00] 0,3 Long ES @ 1178.0 4,0 «« paper »»  [10:01] 0,2 Exited all NQ Long @ 1474.5 --> - 1.5  [10:04] 0,2 Covered remainder Short ER2 at 604.1 --> + 0.4 4,0 «« paper »»  [10:05] 11k ES on the ask @ 80 even [10:05] I musta forgot to cancel that order ;) [10:06] Whoops, that must be wrong, I'm not reading this trading screeen properly [10:08] 0,2 Exited all ES Long @ 1178.0 --> 0 4,0 «« paper »»  [10:09] 0,2 Exited all YM Long @ 10408 --> - 11  [10:09] 0,6 exit stop set ES @ 1178.75 4,0 «« paper »»  [10:11] 0,4 Shorts ER2 @ 603.7 4,0 «« paper »»  [10:11] late post [10:12] 0,2 Covered 1/3 Short ER2 at 603.2 --> + 0.5 4,0 «« paper »»  [10:14] 0,2 Covered all Short ER2 at 603.7 --> 0 4,0 «« paper »»  [10:14] 0,6 exit stop lowered ES @ 1179.5 4,0 «« paper »»  [10:14] 0,6 exit stop lowered ES @ 1178.5 4,0 «« paper »»  [10:15] 0,3 Long YM @ 10411  [10:18] That's far enough, ES. TIme to go back down ;) [10:18] No trade signals nor intuition signals for me... [10:19] May just go back to bed and come back in an hour or so. [10:19] Sweet! My wife can get a whole week off next month. Goin to the mountains :) [10:23] * FFT sells ER2 paper @ 604.8 [10:23] i tend to agree niha [10:24] long is looking good, but it will take time to shape up [10:26] 0,2 Trailing Stop Hit ES @ 1178.5 --> + 0.75 4,0 «« paper »»  [10:26] 0,2 Exited 1/2 YM Long @ 10417 --> + 6  [10:26] * FFT covers ER2 short @ 605 -.2 (paper) [10:27] yeah.. im scared of Longs so just grabbin quick 7 points [10:27] ES lowr than it was been in a week [10:29] 0,6 exit stop moved to breakeven YM @ 10411  [10:30] 0,4 Shorts ES @ 1178.25 4,0 «« paper »»  [10:32] 0,2 Covered 1/2 ES Short @ 1177.75 --> + 0.5 4,0 «« paper »»  [10:32] 0,2 Exited all YM Long @ 10411 --> 0  [10:33] 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. [10:33] * FFT is looking for a new LOD, come on ES [10:35] 0,4 Shorts YM @ 10410  [10:36] Come on ES, you got five minutes, let's go. [10:36] 0,3 Long YM @ 10412.00 -> small size  [10:37] Oh sure, fade me, why doncha? ;) [10:38] * LesC is now known as les [10:38] Sorry...its my best trade signal and couldn't ignore it. [10:38] J/K of course. [10:40] 0,2 Exited YM Long @ 10405.00 --> - 7  [10:40] 0,4 Reverse and Enter Short YM @ 10405.00  [10:40] * FFT sets stop @ be +.25 (1178) paper, and exit order at 76.25 [10:40] 0,2 Covered 1/2 YM Short @ 10401 --> + 9  [10:40] 0,6 exit stop moved to breakeven YM @ 10410  [10:41] 0,4 Shorts YM @ 10400.00 -> Add  [10:41] 0,2 Covered 1/4 ES Short @ 1176.25 --> + 2 4,0 «« paper »»  [10:42] Trend day [10:42] ? [10:43] 0,6 exit stop set ES @ 1176.5 4,0 «« paper »»  [10:43] 0,2 Covered 1/2 YM Short @ 10390.00 --> + 10  [10:43] Glad ya changed yer mind, Nihaba ;) [10:44] :) [10:44] 0,6 exit stop lowered ES @ 1176 4,0 «« paper »»  [10:44] It was an easy reversal...when your best stuff fails. [10:44] :) [10:44] 0,6 exit stop raised ES @ 1176.25 4,0 «« paper »»  [10:44] there [10:45] My target on this trade is an astonishing 1169 [10:45] 0,6 exit stop moved to breakeven YM @ 10405.00  [10:46] Lately, my WORST signals turned out to be my BEST signals. Hello Market [10:46] I'm small size all day until the 2pm est Treasury Budget. [10:46] geez fft. 1169? [10:46] FFT u smokin' Today. [10:47] Thanks Szu :) [10:47] Yeah WBAT, we are overdue for a 16 point range [10:47] IMO [10:47] can i borrow some $? [10:47] * FFT hands over a big stack of paper profits [10:50] * WannaBeATrader says thanks [10:51] SOX/SMH ain't breaken down :( [10:52] That YM drop happen so fast...impossible to get a fill on anything :( [10:53] Would have loved to dump some contracts @ 10365 :) [10:56] 0,2 Covered YM Short @ 10379.00 --> + 26  [10:56] Holding 1 contract. [10:56] I see lots of 10-20 pt spikes on YM. Its less traded then ES or NQ [10:57] Me too, just got one left [10:57] And I think the market wants it back :( [10:58] Niha that was a Nice reversal. [11:00] 0,2 Covered all YM Short @ 10384 --> + 26  [11:00] 0,3 Long YM @ 1386  [11:01] sorry 10386 [11:01] I only do reversals either via a trade signal to go the opposite direction or via an expansion interval (WRB) that takes out the stop of my trade (must have order in prior to work and prevent a bad fill). [11:02] I've also learn that when my best stuff fails...its going to move the other way via some points...don't want to sit there thinking about the loss and missing an opportunity to profit. [11:03] Yeah Nihaba, that goes for my stuff as well. When a really good sig/setup fails, it's gonna move nice the other way. [11:03] Looks like they're gonna take my stop :( [11:03] 0,4 Shorts ZN @ 109'225  [11:05] That YM 3min interval produce a very long lower shadow...hopefully price will drift down and test the middle area of that long lower shadow. [11:06] We might just drift here til 2pm Treasury budget [11:06] heh heh heh, theives are so thick on NYSE they gotta take some out:http://biz.yahoo.com/ap/050412/nyse_specialists.html?.v=2 [11:06] Whoops, ya can't click on that one, try this http://biz.yahoo.com/ap/050412/nyse_specialists.html?.v=2 [11:08] Federal prosecutors said Tuesday they're charging 15 former and current specialist traders on the New York Stock Exchange with fraud and improper trading over a four year period. [11:09] Supposibly those are the first of its kinds of criminal charges against specialist when in prior they were just fined are barred accordingly to Bloomberg. [11:10] They should close all the Pits and go 100% ELECTRONIC [11:11] That's one thing that amazes me is that folks daytrade the NYSE. Bright says that's the best way to go. [11:11] I guess all the front running and other games are easy to spot, or so the theory goes. [11:12] There are some that continue to complain about it at ET but keep trying to trade it... [11:13] I would just find another market instead of competing against crooks. [11:14] It's kinda liked knowing that one table is using marked cards, thinking that you know how the marks work, and playing there. Kinda scary to me. [11:15] But if folks can make money trading it, more power to `em. [11:16] BTW WBAT that 69 target I don't expect to see until the last hour of trading. [11:22] 0,2 Trailing Stop Hit ES @ 1176.25 --> + 2 4,0 «« paper »»  [11:22] Dang [11:26] Wow trade def came in at 61.04B. Yikes. [11:27] 0,2 Exited all YM Long @ 1390 --> + 4  [11:45] 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. [11:47] 0,2 Covered all ZN Short @ 109-245 --> + 109'225 - 109-245  [11:47] 0,4 Shorts ES @ 1175.5 4,0 «« paper »»  [11:49] . [11:49] * Awash is now known as Awash_afk [11:50] 0,4 Shorts ES @ 1176.25  [11:51] 0,2 Covered Remainder YM Short @ 10395.00 --> + 10  [11:52] Be back later...gonna get some rest. [11:52] * NihabaAshi is now known as NihabaAshi_away [11:57] 0,4 Shorts YM @ 10395 4,0 «« Scalp »»  [12:09] 0,2 Covered YM Short @ 10392 --> + 3 4,0 «« Scalp »»  [12:57] 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. [13:01] SMH at its LOD [13:33] * Disconnected [13:33] * Attempting to rejoin channel #FuturesTrades [13:33] * Rejoined channel #FuturesTrades [13:33] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [13:33] 0,2 Covered 1/4 ES Short @ 1175 --> + 0.5 4,0 «« paper »»  [13:34] Die already, sheesh [13:34] lol [13:34] Whoops, that was exit 1/4 at 5.25 +.25 [13:36] i think the market dead,, need to change my plan [13:36] now it dies [13:36] lol [13:37] 0,3 Long ES @ 1174  [13:38] late [13:40] Gonna tank like an all-baloney restaraunt. ;) [13:41] 0,2 Exited all ES Long @ 1175.5 --> + 1.5  [13:41] nice scalping ct:) [13:47] The market is toying with me next partial out at 4 even :P [13:48] Lookit all the ones trading [13:48] That was weird [13:58] If this really is a trend day, we better start trending again :( [14:00] 0,2 Covered 1/4 ES Short @ 1174 --> + 1.5 4,0 «« paper »»  [14:00] 0,4 Shorts NQ @ 1467.50 -> small size  [14:01] I'm being careful about the knee jerk reaction. [14:03] 0,3 Long YM @ 10400  [14:03] 0,2 Covered NQ Short @ 1471.00 --> - 3.5  [14:03] 0,3 Reverse and Enter Long NQ @ 1471.00  [14:04] 0,2 Exited 1/2 YM Long @ 10406 --> + 6  [14:04] 0,6 exit stop moved to breakeven YM @ 10400  [14:04] Long ER2 @ 603.80 [14:04] we got some Stops up there, lets see if this upmove is REAL [14:04] I got data stalls all over the place :( [14:05] All out everything... [14:06] 0,2 Exited all NQ Long @ 1471.00 --> 0  [14:06] 0,2 Exited all YM Long @ 10399 --> - 1  [14:06] Exit ER2 @ 603.80 breakeven [14:06] me too :( [14:06] 0,4 Shorts NQ @ 1469.00 -> large size  [14:07] 0,4 Shorts ES @ 1177  [14:07] 0,4 Shorts ES @ 1177.0 4,0 «« paper »»  [14:09] 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. [14:09] 0,2 Covered all ES Short @ 1178.25 --> - 1.25 4,0 «« paper »»  [14:09] 0,2 Covered NQ Short @ 1473.00 --> - 4  [14:09] 0,3 Reverse and Enter Long NQ @ 1473.00  [14:09] Long ER2 @ 605.50 [14:10] wowsers [14:11] ER2 order @ 608.00 [14:12] NQ @ 1480.00 [14:13] Breakeven stops on everything. [14:15] 0,3 Long YM @ 10441  [14:16] They gonna close that damn gap [14:17] 0,2 Exited 1/2 YM Long @ 10441 --> 0  [14:17] 0,2 Exited 1/2 YM Long @ 10444 --> + 3  [14:18] 0,6 exit stop moved to breakeven YM @ 10441  [14:18] Exit 1/2 ER2 @ 608.00 +2.50 and 1/2 NQ @ 1480.50 +7.50 [14:19] Posting via the script now... [14:19] 0,2 Exited 1/2 NQ Long @ 1480.50 --> + 7.5  [14:19] 0,2 Covered Remainder ES Short @ 1177.25 --> - 1.75 4,0 «« paper »»  [14:20] late post, was waiting to see if I coluld short this [14:20] Niha your Reversals are paying off nicely. [14:20] Guess we're gonna get that 16 point range like I thought, just not in the right direction [14:20] Exit 1/4 ER2 @ 610.50 +5.00 [14:21] 0,2 Exited 1/4 NQ Long @ 1483.50 --> + 10.5  [14:22] heheh FFT I stopped guessing direcction of this market long time ago. [14:25] If we closed here, we'd sure have an interesting pattern on the ES daily [14:27] Wow, now WTF is going on? [14:28] Raising my 1.5 point ER2 stop to breakeven and my 5 point NQ stop to breakeven...weird broker quotes [14:28] My charts are even weirder. [14:28] Yeah im suprised IB quotes keeping up with this [14:29] 0,6 exit stop moved to breakeven NQ @ 1473.00  [14:32] Got a nice short sig, but I'm too scared to take it lol [14:33] it's only paper :} [14:33] Waste not want not :D [14:34] I'm starting to hear a few complaints that prices are jumping over stops :( [14:34] Be careful [14:35] I can't trade this anyway, too fast and too strange for me. One second looks weak, the next a herd of freaken bulls bid it up a point :( [14:36] Musta been some mighty good news in that report. [14:37] Not a lot of volume underneath this price rise :( [14:40] policy-makers discussed whether they should at some point abandon their stance of gradually raising short-term interest rates. In the end, however, they decided to stay with that approach — for now. [14:42] 0,2 Exited NQ Long @ 1487.00 --> + 14  [14:42] Holding just 1 NQ contract [14:43] Crazy price action :) [14:43] Nother 1.5 points to 16 [14:43] Right about 89 [14:43] Figuyre 89.5 or so [14:46] 0,3 Long ES @ 1187.5 4,0 «« paper »»  [14:47] 0,2 Exited 1/3 ES Long @ 1188.5 --> + 1 4,0 «« paper »»  [14:49] 0,2 Exited all YM Long @ 10497 --> + 56  [14:49] Come on, give me 89 [14:49] hmmm..i think im gonna call it a day :)) [14:49] Buncha stinkers [14:49] Exit ER2 @ 612.70 +7.20 (holding just 1 contract @ breakeven 605.50) [14:50] Again, trade i chased turns out to be my biggest winner this month so far. [14:50] 0,2 Exited Remainder ES Long @ 1187.75 --> + 0.25 4,0 «« paper »»  [14:51] 0,6 sell limit to enter short ES @ 1189 4,0 «« paper »»  [14:52] nice trade szu [14:54] 0,4 Short ES @ 1189 4,0 «« paper »»  [14:55] 0,2 Exited Remainder NQ Long @ 1493.00 --> + 20  [14:55] 0,2 Covered all ES Short @ 1190.25 --> - 1.25 4,0 «« paper »»  [14:55] Dang [14:55] Still holding 1 ER2 remainder [14:56] Holy Moly! W@G Nihaba! [14:57] Too bad I was on the light side of a large position. [14:57] Couldn't ADD to the position because of the weird price action (missing quotes and broker stalls). [15:01] Exit remainder ER2 @ 614.00 +8.50 [15:02] Wow...take a look at your 15min charts... [15:02] Nice Niha. Awesome trading in this Jumpy Price Action. [15:03] It's been a long time since I've seen a chart like that. [15:03] Major short squeezing going on. [15:03] The sneaky kind when there's not a log of volume. [15:04] ER2 helped me with my NQ trades... [15:04] I was short bias NQ until ER2 made a move upwards... [15:04] Reversed my Short prior to it hitting my 5 point stop and got Long. [15:06] Wow, if one had bought ER2 at the low and sold at the high and fully margined their account, they would have doubled their account today. [15:07] Whoops, nbot quite, I was looking at the wrong column [15:07] Pretty close tho [15:09] Normally with a price rise like this...volume should have at least doubled but it didn't... [15:09] Reason why it was very sneaky (putting a lot of pressure on shorts). [15:11] Theoretiacally we should see some pullback then. Maybe [15:21] 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. [15:27] More pressure to go higher...geez. [15:32] Very impressive uptrend. [15:33] oil really took it on the chin [15:34] Yep...it gave a big time Short signal last Thursday. [15:43] Well cya all tomorrow [15:49] cya tomorrow [16:30] 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. [16:45] There's gonna be one heck of a UpGap tomorrow in Eurex DAX and ESTX50 :) [17:42] 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. [18:54] 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. [20:03] 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. [20:39] * Awash_afk is now known as Awash [21:15] 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. [21:41] * Disconnected Session Close: Tue Apr 12 21:41:25 2005