Session Start: Fri Apr 29 08:27:27 2005 Session Ident: #FuturesTrades [08:27] * Now talking in #FuturesTrades [08:27] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [08:46] 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. [09:28] morn folks [09:30] gm pat [09:30] Potsmoker day [09:32] morn trader [09:32] gm [09:32] Wow. We're dead. I got an S&P of 11.49 lol [09:33] 0,4 Shorts YM @ 10128.00 -> small size [09:36] 0,4 Shorts ES @ 1151.0 4,0 ŤŤ paper ťť [09:39] Woah, here's some news I missed: NEW YORK (Dow Jones)--The Securities and Exchange Commission will suspend its "uptick" rule as part of a one-year pilot program to study the execution of short sales on the stock exchanges. [09:39] Reversal into a Long at 10140.00 [09:41] Don't forget folks, pretty decent news (meaning good chance of market moves) at ~ 9:50 or so [09:41] 0,6 exit stop moved to breakeven YM @ 10128.00 [09:41] Now that I'm breakeven...no longer looking for a Long position as a reversal. [09:45] 0,2 Trailing Stop Hit YM @ 10128.00 --> 0 [09:49] 87.7 vs 88.9 expected [09:51] Pretty lame reaction [09:52] nq weak ... [09:55] SMH breaken down nicely [09:56] ER2 doing its own thing...trying to fill in the GAP [09:56] yup but ym @ es not breaking down [09:58] es basically going nowhere [09:58] 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. [09:58] with the equity indices trading nearly 24 hours a day, does the concept of gaps truly exist any more? [09:58] for those futures? [10:00] you would be surprised [10:00] 0,3 Long NQ @ 1422.50 -> small size [10:01] 0,4 Shorts ES @ 1150 [10:02] Tiny size ;) [10:02] 0,4 Shorts ZB @ 115 [10:02] 0,2 Covered all ZB Short @ 115 --> 0 [10:02] 0,4 Shorts ZB @ 115 [10:03] Welcome to the dark side ;) [10:03] 0,2 Covered all ZB Short @ 115 --> 0 [10:03] 0,2 Exited NQ Long @ 1419.00 --> - 3.5 [10:03] 0,4 Reverse and Enter Short NQ @ 1419.00 [10:03] 0,4 Shorts ZB @ 115-070 [10:03] 1,4Red Alert1,0 Lots of 4red1 in #FuturesTrades :( [10:03] Large size reversal. [10:03] 0,4 Shorts YM @ 10115 [10:04] 0,2 Covered 1/2 YM Short @ 10106 --> + 9 [10:04] 0,6 exit stop moved to breakeven YM @ 10115 [10:05] 0,2 Covered 1/3 NQ Short @ 1414050 --> - 1412631 [10:05] Correction... [10:06] 0,2 Covered 1/3 NQ Short @ 1414.50 --> + 4.5 [10:07] wow Impressive Drop [10:08] 0,3 Long ES @ 47.25 [10:08] NQ really took it on the chin [10:09] PFBs at .25, possible jump to 8.25 comin up [10:10] oooo did they give up? Cool. [10:10] 0,2 Exited ES Long @ 46.75 --> - 0.5 [10:12] ES and YM have not closed there GAP like NQ and ER2 did. [10:15] 0,4 Shorts YM @ 10100 4,0 ŤŤ paper ťť [10:15] 0,6 exit stop set ES @ 1147.75 4,0 ŤŤ paper ťť [10:16] 0,2 Trailing Stop Hit ES @ 1147.75 --> + 3.25 4,0 ŤŤ paper ťť [10:22] 0,6 exit stop set YM @ 10112 4,0 ŤŤ paper ťť [10:25] If YM takes out yesterdays LOD I'm looking for YM 9936 +/- [10:26] I'm still waiting for YM or ES to fill their GAP. [10:26] yes me too guys. [10:26] 0,6 buy limit to cover ES short @ 1143.25 [10:28] 0,6 exit stop lowered YM @ 10100 4,0 ŤŤ paper ťť [10:35] Niha was your reverse Short LARGE size? [10:35] 0,2 Covered ES Short @ 1143.25 --> + 6.75 [10:35] :) [10:36] 0,2 Covered 1/3 NQ Short @ 1406.50 --> + 12.5 [10:36] Still holding remainders (1/3) [10:36] 0,2 Covered 1/2 YM Short @ 10070 --> + 30 4,0 ŤŤ paper ťť [10:37] 0,6 exit stop lowered YM @ 10097 4,0 ŤŤ paper ťť [10:37] I finally caught NQ with some size...tried all month and got it on the last trading day of the month :) [10:38] Yeah, that was a nice down move :) [10:44] 0,6 exit stop lowered YM @ 10077 4,0 ŤŤ paper ťť [10:45] 0,2 Covered NQ Short @ 1403.00 --> + 16 [10:45] Holding 1 contract [10:47] ES and YM have filled their GAPs :) [10:47] yeah Finally :) [10:47] 0,2 Covered Remainder NQ Short @ 1399.00 --> + 20 [10:48] Wow Niha +20 ON NQ is amazing [10:48] 4 GO NIHA4 [10:50] nice way to end the month [10:56] 0,2 Covered all YM Short @ 10068 --> + 47 [10:56] Nice...its a pay day Friday :) [10:57] Yeah.. Nice down move and we all caught it! [10:58] 0,2 Trailing Stop Hit YM @ 10077 --> + 23 4,0 ŤŤ paper ťť [10:58] I'm double checking my entry signal to make sure it wasn't a lucky trade. [11:00] 0,6 buy stop to enter long YM @ 10088 4,0 ŤŤ paper ťť [11:01] nope, it wasnt a lucky one. bonafide signal. [11:02] 0,3 Long YM @ 10088 4,0 ŤŤ paper ťť [11:02] 0,6 exit stop set YM @ 10065 4,0 ŤŤ paper ťť [11:03] [10:35] Niha was your reverse Short LARGE size? [11:03] Yes. [11:03] The Long entry prior to that Short was a secondary (low probability) trade signal... [11:03] Reversed into a primary high probability Short signal. [11:04] Actually...I did an early entry into the Short because the trade signal didn't appear until a minute later @ 1418.00 [11:05] I felt safe because of the momemtum that it had when prices started to drop... [11:05] Safe that it would stall a little prior to either going back up or pushing lower... [11:06] Stall long enough for me to decide if it was a bad decision to get in early prior to a confirmed trade signal. [11:08] 0,2 Exited 1/2 YM Long @ 10110 --> + 22 4,0 ŤŤ paper ťť [11:08] 0,6 exit stop raised YM @ 10088 4,0 ŤŤ paper ťť [11:08] Geesh...nice bounce back upwards. [11:09] Yeah, who woulda thunk that was gonna happen? Interesting day [11:09] I though for sure if a bounce like that occurred...it would be late in the trading session. [11:10] Usually after a Big trade i take a few hours off and only take High Probability setup remainder of day. [11:10] 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. [11:10] Usually after a big trade...I'm done for the day...especially if its a Friday. [11:10] So there was no way i was gonna go Long and catch this upmove after just banking +70 YM Points on a Short. [11:11] 0,2 Exited Remainder YM Long @ 10110 --> + 22 4,0 ŤŤ paper ťť [11:11] I DID get a Long signal by the way. [11:11] Same here...a low probability signal (small size only). [11:14] nice discpline Niha ...had some profit one bad trade & it all evaporated ....<---- idiot [11:15] 0,6 sell stop to enter short YM @ 10101 4,0 ŤŤ paper ťť [11:16] pat i didnt see u post any trades so what trade u talking about? [11:18] szu i had 2 trades ...bth S ...i will post them..np many times I am wrong..usually play 1 ctct [11:19] missed the big ones ..this am..sigh [11:19] 0,4 Short YM @ 10101 4,0 ŤŤ paper ťť [11:20] pat255...are you using s/r levels ??? [11:21] 0,6 exit stop set YM @ 10121 4,0 ŤŤ paper ťť [11:21] sometimes but usually follow the mkt action... [11:21] but do keep in mind the S/R levels ...missed the 1425 nq this am...then was reluctant to take an entry later ...even saw your reversal... [11:22] Ok...did you or anybody have a s/r level at/near today's bounce off the lows ??? [11:22] on the low side i was not sure ..did not c a washout to catch the lows so left that too [11:26] niha... on ER2 price neared fib level 1.62 based on yest high/low [11:27] Ym bounced off yesterdays low +/- a few points [11:28] 0,2 Covered all YM Short @ 10101 --> 0 4,0 ŤŤ paper ťť [11:34] 0,4 Shorts YM @ 1086 [11:43] 0,2 Covered 1/2 YM Short @ 10080 --> - 8994 [11:43] thats +6 on 1/2 [11:44] 0,2 Covered Remainder YM Short @ 1073 --> + 13 [11:46] looks like i came late to the party (: [12:00] 0,4 Shorts YM @ 10087 4,0 ŤŤ paper ťť [12:08] 0,2 Covered 1/2 YM Short @ 10080 --> + 7 4,0 ŤŤ paper ťť [12:15] 0,2 Covered Remainder YM Short @ 10074 --> + 13 4,0 ŤŤ paper ťť [12:22] 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. [12:45] 0,4 Shorts ES @ 1145.75 [12:54] 0,4 Shorts YM @ 10097 [12:55] keep getting disconected for some reason [12:56] 0,3 Long YM @ 10100 4,0 ŤŤ paper ťť [12:57] 0,6 exit stop set YM @ 10084 4,0 ŤŤ paper ťť [13:00] 0,6 exit stop raised YM @ 10091 4,0 ŤŤ paper ťť [13:03] 0,4 Shorts ES @ 1147.50 -> Add [13:06] 0,4 Shorts ES @ 1148 -> Add [13:07] 0,2 Covered Remainder YM Short @ 10107 --> - 10 [13:08] 0,4 Shorts YM @ 10117 [13:08] 0,6 exit stop raised YM @ 10100 4,0 ŤŤ paper ťť [13:12] 0,2 Exited 1/2 YM Long @ 10110 --> + 10 4,0 ŤŤ paper ťť [13:12] 0,2 Covered 1/2 YM Short @ 10110 --> + 7 [13:13] a long and short both profitable.... [13:13] don't you love it [13:14] these spikes are tough [13:18] 0,6 exit stop raised YM @ 10106 4,0 ŤŤ paper ťť [13:19] 0,2 Covered Remainder YM Short @ 10127 --> - 10 [13:19] tl was on the money [13:19] 0,2 Covered all ZB Short @ 115-000 --> + 115-070 - 115-000 [13:21] 0,4 Shorts YM @ 10120 [13:22] 1 last try, think i just got sqeezed out [13:22] 0,4 Shorts ES @ 49.25 [13:24] Hope the squeeze has just finished [13:25] Need another couple of ticks for freedom [13:25] 0,2 Covered ES Short @ 48.50 --> + 0.75 [13:25] they walked us up good [13:26] 0,2 Covered 1/3 YM Short @ 10108 --> + 12 [13:26] 0,2 Trailing Stop Hit YM @ 10106 --> + 6 4,0 ŤŤ paper ťť [13:31] 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. [13:31] 0,6 sell stop to enter short YM @ 10105 4,0 ŤŤ paper ťť [13:33] if entry stop is elected initial stop will be YM 10119, going for a little lunch [13:34] 0,4 Shorts YM @ 10115 -> Add [13:35] 0,2 Covered all ES Short @ 1147.75 --> - 1.75 [13:35] 0,4 Short YM @ 10105 4,0 ŤŤ paper ťť [13:36] Some added contracts missing. Tiny profit. [13:36] 0,6 exit stop set YM @ 10119 4,0 ŤŤ paper ťť [13:36] May re-enter either way if I can figure it out. [13:36] 0,2 Covered 1/3 YM Short @ 10106 --> + 9 [13:39] 0,2 Covered 1/3 YM Short @ 10097 --> + 23 [13:39] nice albtros [13:40] thx, but i got too impatient on my entries and scrambled [13:40] still cant find my patience [13:59] 0,2 Covered Remainder YM Short @ 10120 --> 0 [14:05] 0,2 Trailing Stop Hit YM @ 10119 --> - 14 4,0 ŤŤ paper ťť [14:06] 0,4 Shorts YM @ 10119 -> small size [14:18] 0,2 Covered 1/2 YM Short @ 10108 --> + 11 [14:23] 0,2 Covered Remainder YM Short @ 10120 --> - 1 [14:29] 0,3 Long YM @ 10136 4,0 ŤŤ paper ťť [14:30] 0,6 exit stop set YM @ 10119 4,0 ŤŤ paper ťť [14:30] 0,3 Long ER2 @ 577.50 [14:31] looking for YM 10167 +/- [14:33] 0,2 Exited 1/3 ER2 Long @ 578.50 --> + 1 [14:33] 0,2 Exited 1/2 YM Long @ 10160 --> + 24 4,0 ŤŤ paper ťť [14:33] 0,6 exit stop raised YM @ 10137 4,0 ŤŤ paper ťť [14:35] 0,2 Exited 2/3 ER2 Long @ 578.7 --> + 1.2 [14:35] End of the month rally. [14:35] yeah there reaching for it [14:35] 0,2 Exited Remainder YM Long @ 10166 --> + 30 4,0 ŤŤ paper ťť [14:37] DOH! I should have let that one run [14:37] 0,2 Exited all ER2 Long @ 579.5 --> + 2 [14:37] TLT did u get Exit signal? If not then yes DUH [14:38] ur absolutely GD right, I had no exit sig [14:40] my esignal charts just stopped [14:41] 0,4 Shorts ES @ 54.25 [14:41] 0,4 Shorts ES @ 1154.25 -> small size [14:43] 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. [14:45] 0,4 Shorts YM @ 10173 4,0 ŤŤ paper ťť [14:45] Wow...what an impressive trading day and price rise ! [14:45] Gotta love this market. [14:46] 0,2 Covered ES Short @ 54.75 --> - 0.5 [14:47] Definitely ... niha! [14:48] gn all [14:48] 0,2 Covered all YM Short @ 10182 --> - 9 4,0 ŤŤ paper ťť [14:51] and I was thinking friday selloff... have a good weekend [14:59] 0,2 Covered all ES Short @ 1154 --> + 0.25 [15:00] I have misread every trade today, but still equivalent +6 ES. [15:01] I think I better quit before I read something right and lose the lot.... [15:02] not too shabby for a guy who can't "read" square64 [15:02] You know what I mean, though. No sense of control today. [15:02] i know :) [15:02] Have a good weekend all. [15:03] u 2 [15:55] 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. [16:31] cya monday [17:04] 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. [17:19] Have nice weekend all. [17:19] * Disconnected Session Close: Fri Apr 29 17:19:22 2005