Session Start: Mon Apr 18 09:38:13 2005 Session Ident: #FuturesTrades [09:38] * Now talking in #FuturesTrades [09:38] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [09:38] 0,3 Long ES @ 1144.75 4,0 ŤŤ paper ťť [09:38] 0,2 Exited all ES Long @ 1144.25 --> - 0.5 4,0 ŤŤ paper ťť [09:39] 0,4 Shorts ES @ 1144.25 -> small size [09:40] 0,3 Long ES @ 1143.75 4,0 ŤŤ paper ťť [09:40] 0,6 exit stop moved to breakeven ES @ 1144.25 [09:41] 0,2 Exited all ES Long @ 1142.25 --> - 1.5 4,0 ŤŤ paper ťť [09:42] 0,2 Covered 1/3 ES Short @ 1142.00 --> + 2.25 [09:43] I have a guess here so I can't be trying any new stuff...need to stick to my trading plan :) [09:43] 0,3 Long ES @ 1142.25 4,0 ŤŤ paper ťť [09:46] 0,2 Exited 1/3 ES Long @ 1143.25 --> + 1 4,0 ŤŤ paper ťť [09:46] 0,2 Exited Remainder ES Long @ 1142.75 --> + 0.5 4,0 ŤŤ paper ťť [09:47] 0,4 Shorts ES @ 1142.50 -> small size [09:47] 0,4 Shorts YM @ 1055 [09:48] 0,2 Covered all YM Short @ 1053 --> + 2 [09:48] 0,2 Covered all ES Short @ 1142 --> + 0.5 [09:48] 0,3 Long ES @ 1142.25 4,0 ŤŤ paper ťť [09:50] 0,2 Exited 1/3 ES Long @ 1143.25 --> + 1 4,0 ŤŤ paper ťť [09:51] 0,3 Long YM @ 10058 [09:51] 0,2 Trailing Stop Hit ES @ 1144.25 --> 0 [09:52] 0,2 Exited 1/3 ES Long @ 1144.75 --> + 2.5 4,0 ŤŤ paper ťť [09:52] 0,2 Exited all YM Long @ 10074 --> + 16 [09:53] 0,6 exit stop set ES @ 1143.5 4,0 ŤŤ paper ťť [09:53] 0,3 Long YM @ 10071 [09:55] 0,4 Shorts ES @ 1145.25 4,0 ŤŤ paper ťť [09:55] 0,2 Exited all YM Long @ 10061 --> - 10 [09:55] 0,4 Shorts ES @ 1144.75 [09:57] 0,4 Shorts ES @ 1145.25 -> Add [09:59] 0,4 Shorts ES @ 1145.75 -> Add [10:00] 0,4 Shorts YM @ 10077 [10:01] Great, the whoel room is fasing me, lol ;) [10:01] 0,2 Covered all YM Short @ 10085 --> - 8 [10:02] 0,6 exit stop raised ES @ 1144.5 4,0 ŤŤ paper ťť [10:02] Come on you little snot-weasel, one more tick [10:03] 0,2 Exited Remainder ES Long @ 1147.25 --> + 5 4,0 ŤŤ paper ťť [10:03] Good call FFT [10:03] Thanks Square [10:05] 0,4 Shorts YM @ 10080 [10:06] 0,4 Shorts ES @ 1146 -> Add [10:06] snot-weasel.. hmm... interesting nick name [10:07] i like it [10:07] :) [10:08] 0,2 Covered all YM Short @ 10092 --> - 12 [10:14] 0,4 Shorts YM @ 10106 [10:14] Crap IB down [10:15] 0,4 Shorts ES @ 49.25 [10:15] Not for me. Yet [10:15] my ib is ok [10:15] IB ok here [10:16] 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. [10:16] 0,4 Shorts YM @ 10092 [10:17] 0,4 Shorts ES @ 1149.25 -> Add [10:17] 0,2 Covered Remainder YM Short @ 10088 --> + 18 [10:18] 0,2 Covered all YM Short @ 10095 --> - 3 [10:20] 0,3 Long ES @ 1148.75 -> small size [10:24] 0,2 Exited all ES Long @ 1148.75 --> 0 [10:24] :( [10:24] Got shook. [10:25] Im standing aside these candles are 20+ points on YM on 5min..too frikin risky [10:25] I think we may have just set the HOD [10:25] 0,2 Covered ES Short @ 47 --> + 2.25 [10:25] U still short all those contracts, Square? [10:26] Yep. Nearly there. Hope you are right about HOD [10:26] Yer a madman, Square. ;) [10:26] got that right [10:27] Not mad. Not near single trade limit either. [10:27] maybe not mad, but deeeeep pockets... :) [10:28] Lost a lot more money in the past by setting tight stops and being shaken out [10:28] i can relate [10:30] Yeah, that's written right into my plan that I will see the market go against me just enough to get me out, then turn around for my profit target and better. I either have to deal with it, or go get a different job. [10:32] Think you have to deal with it by allowing for the initial entry to have been too early [10:32] Try to build up an average cost that makes sense [10:35] 0,4 Shorts YM @ 10081 [10:35] true. you have to assume (i do) that i messed up the entry [10:36] I always assume that the entry on one contract may be wrong [10:39] Provided overall picture hasn't changed, later entries will be better. [10:39] Come on you stinkin buyers, give me a nother shot at a short, I won't miss this time, by golly. [10:39] 0,2 Covered 1/2 YM Short @ 10075 --> + 6 [10:40] 0,6 exit stop moved to breakeven YM @ 10081 [10:43] 0,2 Covered 1/2 ES Short @ 1146 --> + 3.25 [10:43] 0,2 Covered Remainder ES Short @ 1145.75 --> - 1 [10:43] Make of the arithmetic what you will [10:46] Market's looking pretty sick [10:47] 0,3 Long ES @ 1144.5 4,0 ŤŤ paper ťť [10:48] 0,2 Exited 1/3 ES Long @ 1145.5 --> + 1 4,0 ŤŤ paper ťť [10:48] 0,3 Long YM @ 10055 [10:49] 0,6 exit stop set ES @ 1144.75 4,0 ŤŤ paper ťť [10:49] BE+.25 [10:50] 0,2 Exited 1/3 ES Long @ 1145.5 --> + 1 4,0 ŤŤ paper ťť [10:51] 0,2 Trailing Stop Hit ES @ 1144.75 --> + 0.25 4,0 ŤŤ paper ťť [10:53] LOL, we'ren't we just discussing this? [10:57] THere it is, darn it. 7.5 was my far out target but I was stopped out at 4.75 [10:57] 0,2 Exited all YM Long @ 10070 --> + 15 [10:58] 0,4 Shorts ES @ 1147.25 4,0 ŤŤ paper ťť [10:58] nice mispe [11:00] 0,2 Covered all ES Short @ 1148.5 --> - 1.25 4,0 ŤŤ paper ťť [11:00] 0,2 Covered all YM Short @ 10081 --> 0 [11:00] 0,3 Long ER2 @ 585.30 -> small size [11:01] 0,4 Shorts ES @ 1148.75 4,0 ŤŤ paper ťť [11:03] 0,2 Covered all ES Short @ 1149.75 --> - 1 4,0 ŤŤ paper ťť [11:08] 0,4 Shorts NQ @ 1421 [11:12] 0,2 Covered ER2 Short @ 583.90 --> + 1.4 [11:12] 0,3 Reverse and Enter Long ER2 @ 583.90 [11:12] ??? [11:12] 0,3 Long YM @ 10077 [11:12] Ooopsss...will correct...its a short. [11:13] Reversed from a small Long into a large Short. [11:14] 0,3 Long YM @ 10071 -> Add [11:14] Will post correction as soon as I hit a pt1. [11:16] 0,2 Exited Remainder YM Long @ 10062 --> - 24 [11:16] 0,2 Covered all NQ Short @ 1417 --> + 4 [11:16] Just cover some contracts...posting my correction now... [11:17] 0,3 Long ER2 @ 585.30 -> small size [11:17] 0,2 Exited ER2 Long @ 583.90 --> - 1.4 [11:17] 0,4 Reverse and Enter Short ER2 @ 583.90 [11:18] 0,2 Covered 1/3 ER2 Short @ 583.20 --> + 0.7 [11:18] 0,3 Long YM @ 10064 [11:22] 0,2 Exited Remainder YM Long @ 10064 --> 0 [11:24] 0,2 Covered 1/3 ER2 Short @ 582.90 --> + 1 [11:24] 0,4 Shorts NQ @ 1417.5 [11:26] 0,3 Long YM @ 10065 [11:26] 0,2 Covered all NQ Short @ 1417.5 --> 0 [11:28] 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. [11:28] 0,2 Exited Remainder YM Long @ 10060 --> - 5 [11:28] 0,2 Covered ER2 Short @ 581.90 --> + 2 [11:28] Holding 2 contracts. [11:29] 0,3 Long YM @ 10058 [11:29] wearing me out [11:30] On that small Long @ 585.30... [11:30] I made a trade error and thought the trade signal was @ 585.20 when in reality it was @ 584.60 [11:31] Thus, I chased it by 0.90 (not within my chase range) when I doubt I had chased it by only 0.10 (within my chase range) [11:32] The reversal from the Long into a large Short was almost picture perfect. [11:32] 0,2 Exited Remainder YM Long @ 10055 --> - 3 [11:32] No chasing there. [11:32] I'm short from 49 :) One left. [11:33] Nice one FFT. [11:33] Almost at my target, come on ES [11:33] My target's 4.25, and my stop is 7.25, so we'll prolly reverse here and go tag my stop lol [11:34] 0,3 Long YM @ 10050 [11:35] 0,3 Long YM @ 10053 [11:36] 0,3 Long NQ @ 1418 [11:36] Great. I say I'm short, and everybody goes "Cool, time to go long." :D [11:37] sorry [11:37] Just kidding :) [11:37] everybody is pressing short here. good squeeze potential [11:37] Yeah, if this wasn't my Crazy-go-nuts runner, I'd cover [11:38] Ill Reverse Short if Stopped out [11:38] Sweet :) [11:38] Breaktime [11:38] 0,2 Exited all YM Long @ 10043 --> - 10 [11:38] 0,2 Exited Remainder YM Long @ 10046 --> - 4 [11:38] 0,4 Shorts YM @ 10043 [11:38] or not :) [11:39] 0,2 Covered ER2 Short @ 580.80 --> + 3.1 [11:39] 0,2 Exited NQ Long @ 1416 --> - 2 [11:39] 0,4 Reverse and Enter Short NQ @ 1416 [11:39] Holding 1 contract. [11:42] 0,2 Covered all NQ Short @ 1414.5 --> + 1.5 [11:42] 0,2 Covered 1/2 YM Short @ 10035 --> + 8 [11:42] 0,6 exit stop moved to breakeven YM @ 10043 [11:45] 0,6 exit stop moved to breakeven ER2 @ 583.90 [11:46] 0,3 Long NQ @ 1412.50 [11:46] I've set my audio alarm for 583.00 [11:46] 0,2 Covered all ES Short @ 1142.75 --> + 2.5 4,0 ŤŤ paper ťť [11:46] Be back later...going to lunch. [11:46] 0,2 Covered all YM Short @ 10042 --> + 1 [11:46] * NihabaAshi is now known as NihabaAshi_away [11:53] 0,3 Long YM @ 10042 [11:54] 0,3 Long NQ @ 1413 [11:56] 0,6 sell limit to exit NQ long @ 1410 [12:00] 0,2 Exited all YM Long @ 10043 --> + 1 [12:04] 0,4 Shorts ES @ 1143.75 [12:10] 0,6 exit limit raised NQ @ 1412 [12:17] 0,2 Exited all NQ Long @ 1414 --> + 1 [12:18] bye bye [12:25] 0,2 Exited 1/3 NQ Long @ 1415 --> + 2.5 [12:25] That's intersting, thought we'd bust thru reistance [12:32] greetings everyone [12:38] 0,2 Covered Remainder ER2 Short @ 583.60 --> + 0.3 [12:38] * NihabaAshi_away is now known as NihabaAshi [12:39] 0,2 Exited 1/3 NQ Long @ 1416.5 --> + 4 [12:40] 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. [12:40] 0,4 Shorts ES @ 1146.75 4,0 ŤŤ paper ťť [12:42] 0,2 Covered all ES Short @ 1146.75 --> 0 4,0 ŤŤ paper ťť [12:47] 0,4 Shorts ES @ 1147.25 4,0 ŤŤ paper ťť [12:50] 0,2 Covered all ES Short @ 1147 --> + 0.25 4,0 ŤŤ paper ťť [12:58] 0,2 Exited Remainder NQ Long @ 1422 --> + 9.5 [13:00] 0,4 Shorts ES @ 1149.25 -> small size [13:02] * WannaBeATrader is now known as WBAT-afk [13:05] trend afternoon? [13:05] Could be [13:05] Trend up afternoons are deadly for me, I'm just gonna sit on my paper profits :) [13:06] I have just had the first two short signals of the afternoon, and there is a genuine area of congestion just above. [13:07] So I am going to test it out [13:08] Yeah, I got a good short setup, but the breadths aren't looking very helpful. And for some reason, it seems like afternoons are more likely to rtend, while mornings like to range. [13:08] I haven't run stats on that, but it feels familiar [13:14] 0,2 Covered all ES Short @ 1148.75 --> + 0.5 [13:37] SMH tankin pretty good [13:38] Got some errands to run, see ya all later. Don't give too much omney back :) [13:38] * FFT is now known as FFT_Away [13:39] 0,4 Shorts YM @ 10084 [13:42] 0,3 Long YM @ 10079 [13:45] 0,2 Covered 1/2 YM Short @ 10080 --> + 4 [13:45] 0,6 exit stop moved to breakeven YM @ 10084 [13:46] sitting too close to my entry [13:46] 0,2 Covered all YM Short @ 10084 --> 0 [13:46] sitting too close to my entry, too [13:52] 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. [13:52] 0,2 Exited Remainder YM Long @ 10091 --> + 12 [14:10] 0,4 Shorts YM @ 10088 [14:15] * WBAT-afk is now known as WannaBeATrader [14:18] 0,2 Covered 1/2 YM Short @ 10078 --> + 10 [14:19] 0,6 exit stop moved to breakeven YM @ 10088 [14:22] This Guy has a free trial in his room told everyone to go Long for new Highs.. and hes charging $200 a pop [14:28] Great value! Where do I sign up? [14:29] Everyone jump aboard! and lets make PROFITS! hehehe [14:31] Very interesting thing (to me) is that the market is now slap on fair value, taking a 5-day look at the price/volume histogram. [14:32] This is therefore some sort of equilibrium point. [14:32] It could go anywhere, and probably will... [14:32] But for me it is rational to stop, for the day. [14:32] Miss all the afternoon fun, no doubt. [14:32] See you tomorrow. [14:33] bye sq [14:36] 0,4 Shorts YM @ 10074 [14:40] 0,2 Covered all YM Short @ 10079 --> + 9 [14:42] 0,2 Covered 1/2 YM Short @ 10067 --> + 7 [14:43] 0,2 Covered Remainder YM Short @ 10064 --> + 10 [14:43] to quiet down here [14:44] Have to concentrate on this market ALL the time [15:04] 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] im not touching this..dont trust these moves after 3:30 [16:13] 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. [17:25] 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. [18:37] 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. [19:28] . [19:46] 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. [20:58] 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. [21:32] * Disconnected Session Close: Mon Apr 18 21:32:08 2005