Session Start: Fri May 06 09:32:57 2005 Session Ident: #FuturesTrades [09:32] * Now talking in #FuturesTrades [09:32] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [09:34] 0,4 Shorts ER2 @ 600.20 -> small size [09:36] 0,2 Covered 1/3 ER2 Short @ 598.10 --> + 2.1 [09:36] 0,6 exit stop moved to breakeven ER2 @ 600.20 [09:37] I'm so happy today... my new trading equipment showed up yesterday... i spent all night putting it together. [09:37] a ton of instructions for it tho.. sheesh! [09:37] here it comes [09:37] http://www.elitetrader.com/vb/attachment.php?s=&postid=718474 [09:38] whaaaaat! [09:38] hehe [09:38] ive seen that picture before. u need more then 2 eyes for that [09:38] does the other half arrive tomorrow? [09:39] hehe.. sorry... i know.. o/t. [09:39] isnt it crazy [09:39] i hired a spider to watch it and trade for me [09:39] Correction... [09:41] Nevermind...won't make a difference...this exit will equal things out. [09:42] 0,2 Covered 1/3 ER2 Short @ 598.70 --> + 1.5 [09:42] LOL, two dozen screens lie that would take more than all night to set up ;) [09:43] It took me hours to get my 6 up. [09:43] morn all [09:43] 0,4 Shorts YM @ 10386 4,0 ŤŤ paper ťť [09:44] 0,6 exit stop set YM @ 10393 4,0 ŤŤ paper ťť [09:45] Ooooo could be a nice gap closer day [09:45] Correcting my first 1/3 post...I still have 1 contract remaining. [09:45] 0,2 Trailing Stop Hit YM @ 10393 --> - 7 4,0 ŤŤ paper ťť [09:45] 0,2 Covered 1/3 ER2 Short @ 599.10 --> + 1.1 [09:46] 0,4 Shorts ES @ 1179 [09:46] Uh oh [09:47] I thought for sure the GAP there was some momentum to take ER2 downwards and fill the GAP :( [09:48] 0,6 exit stop lowered ER2 @ 600.10 [09:49] 0,2 Covered all ES Short @ 1176.75 --> + 2.25 [09:49] 0,2 Covered all ES Short @ 1178.75 --> + 0.25 [09:49] Dang [09:49] 0,4 Shorts ER2 @ 598.2 4,0 ŤŤ paper ťť [09:50] 0,4 Shorts DAX @ 4314 [09:51] 0,2 Covered all Short ER2 at 598.7 --> - 0.5 4,0 ŤŤ paper ťť [09:52] 0,4 Shorts ES @ 77.75 [09:53] Come on bulls, give me another chance to get in [09:54] 0,4 Shorts ES @ 1177.50 4,0 ŤŤ paper ťť [09:54] 0,4 Shorts ES @ 1177 [09:54] 0,2 Covered ES Short @ 76.75 --> + 1 [09:54] 1,4Red Alert1,0 Lots of 4red1 in #FuturesTrades :( [09:55] 0,4 Shorts YM @ 10379 [09:59] 0,2 Covered all YM Short @ 10391 --> - 12 [10:00] :(( [10:00] 0,2 Covered all DAX Short @ 4315 --> - 1 [10:01] 0,3 Long YM @ 10394 [10:01] * LesC is now known as les [10:04] 0,4 Shorts DAX @ 4315 [10:05] 0,6 exit stop set DAX @ 4322 [10:09] 0,2 Exited all YM Long @ 10382 --> - 12 [10:09] :(( [10:09] 0,2 Covered 1/2 DAX Short @ 4311.5 --> + 3.5 [10:10] 0,4 Shorts YM @ 10374 [10:10] punks shook me out twice [10:10] Blame it on those Dark Inverted Hammers. [10:11] 0,2 Covered all ES Short @ 1175.50 --> + 2 4,0 ŤŤ paper ťť [10:11] My comment was based on last month seminar/workshop. [10:12] Meant March seminar/workshop. [10:13] I missed a critical ADD @ 598.40...now I'm forced to wait for a GAP fill to exit my remainders :( [10:13] Remainders as in 1 contract. [10:14] 0,4 Shorts ES @ 1176 -> Add [10:14] 0,2 Covered all ES Short @ 1174.75 --> + 3.5 [10:15] Geez adding to winners is hard [10:15] 0,2 Covered Remainder DAX Short @ 4310 --> + 5 [10:16] FFT...took me about 8 years to learn how to ADD to a profitable position... [10:16] When I got very comfortable at it...I notice I had reduced dramatically ADDing to losers. [10:17] nice trading fft [10:17] Thanks Les. [10:17] Yeah, I even added to that loser, but I was so ashemed (at least) that I didn't post it. [10:17] :) [10:23] ES was the only one to fill its GAP...hopefully the others see more downside. [10:25] 0,2 Covered all YM Short @ 10386 --> - 12 [10:25] damn [10:31] I saw this link posted at ET about Bonds... [10:31] http://www.investinginbonds.com [10:31] Anybody know a compatible site for NOTES ??? [10:33] That site has some stuff about NOTES but its mainly BONDS info. [10:37] 0,4 Shorts YM @ 10384 [10:39] 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. [10:42] 0,4 Shorts ES @ 77/25 [10:42] 0,4 Shorts ES @ 77.25 [10:43] 0,4 Shorts ES @ 1176.50 4,0 ŤŤ paper ťť [10:44] 0,2 Covered 1/2 YM Short @ 10375 --> + 9 [10:45] 0,2 Covered ES Short @ 75.75 --> + 1.5 [10:45] 0,6 exit stop moved to breakeven YM @ 10384 [10:46] 0,2 Covered all ES Short @ 1175.5 --> + 1 4,0 ŤŤ paper ťť [10:50] 0,3 Long ES @ 1174.75 4,0 ŤŤ paper ťť [10:52] L 75 on paper too...doubt it holds ... [10:53] oil 52+..me too [10:53] another bear flag forming on es [10:54] 0,6 exit stop set ES @ 1174.75 4,0 ŤŤ paper ťť [10:55] 0,6 exit stop set ES @ 1175.25 4,0 ŤŤ paper ťť [10:56] 0,2 Exited all ES Long @ 1175.75 --> + 1 4,0 ŤŤ paper ťť [10:56] to soon :< [10:57] If this push upwards breaks above the prior Lower High...I'll dump my remainder Short :( [10:58] 0,2 Covered all YM Short @ 10384 --> 0 [11:01] 0,6 exit stop lowered ER2 @ 598.30 [11:02] just wondering Niha why not take the profits when u have them...even the last ctrct? [11:02] I've already reached my primary profit targets... [11:02] k [11:03] My remainder is icing on the cake...its target hasn't been reached (GAP fill). [11:03] i c...thks [11:03] i guess the diff between a good trader & not so good lies here ... [11:03] c your point [11:04] Spouse (household) gets pt1, our retirement and kid education fund gets pt2...pt3 and above is mine :) [11:05] I reached pt2 on this trade...trying to get mine (pt3). [11:05] lol...nice strategy...:) [11:05] :) [11:05] This would be a really interesting pattern on the dailies if we closed here. [11:05] lol. thats pretty funny niha [11:06] nice analogy ... [11:06] Wanna...my spouse came up with that arrangement a few years ago...I've been going along with it to prevent arguments :) [11:07] thats the best strategy of all [11:07] :) [11:07] Today she made $110, kid and our retirement fund made $150...I'm still trying to get my paycheck :( [11:07] i can spot you if needed [11:07] :) [11:08] 3 times es turned S at 1178-79 level [11:09] With my trailing stop @ 598.30...my paycheck will be at least $190 [11:10] I think we got a shot at 1180 [11:10] TICK is going into it's lunchtime conmsolidation [11:12] they did some nice moves this week during lunch time. Put ya to sleep then WHAM [11:14] 0,2 Covered ER2 Short @ 597.80 --> + 2.4 [11:14] 0,3 Reverse and Enter Long ER2 @ 597.80 [11:14] im long too [11:16] 0,4 Shorts ES @ 76.75 [11:19] If I reverse...I'm going to ADD some contracts to bring it back to my normal small size for this type of pattern. [11:21] 0,2 Covered ES Short @ 76.75 --> 0 [11:21] I'm bullish on the daily charts but if the Eminis close lower today...I'll dump my bullish bias for Monday's trading. [11:29] 0,2 Covered ER2 Short @ 596.80 --> + 1 [11:29] 0,3 Reverse and Enter Long ER2 @ 596.80 [11:29] Ooops... [11:30] Will correct in a minute... [11:30] 0,3 Long ER2 @ 597.80 [11:31] 0,2 Exited ER2 Long @ 596.80 --> - 1 [11:31] 0,4 Reverse and Enter Short ER2 @ 596.80 [11:31] 0,4 Shorts YM @ 10368 [11:34] No GAP fill again L( [11:34] :( [11:37] 0,3 Long ES @ 1177 4,0 ŤŤ paper ťť [11:39] im grinding out my long still [11:39] nothing but chop though [11:40] Yes you need Patience and B*&^% of steel for this current market. [11:42] This week the volatility has been a pain in the butt in the a.m. (not very good)... [11:42] Whereas the afternoon trading session has been much better in comparison. [11:43] strange but true [11:43] around lunchtime too [11:46] yesterday was a gift when the GM and Ford thing happened. [11:46] c u guys later back to office...ty [11:46] because the market was going NOWHERE [11:46] 0,6 exit stop moved to breakeven ER2 @ 596.80 [11:48] 0,2 Trailing Stop Hit ER2 @ 596.80 --> 0 [11:49] Somebody didn't want me on board :( [11:50] 0,3 Long YM @ 10370 [11:51] 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. [11:54] 0,4 Shorts ER2 @ 596.30 -> small size [11:57] 0,2 Exited all YM Long @ 10358 --> - 12 [11:57] 0,4 Shorts YM @ 10358 [11:57] 0,2 Covered 1/3 ER2 Short @ 595.20 --> + 1.1 [11:57] 0,6 exit stop set YM @ 10372 [11:57] nice one [11:57] Finally...I got my GAP fill :) [11:57] now you can go take a nap... [11:59] Not yet...spouse just made $110...still gotta make money for the kid and then myself then I'm done for the day. [11:59] If trade results in a loss...it comes out of my share...not theirs. [12:00] always [12:01] 0,2 Covered 1/2 YM Short @ 10353 --> + 15 [12:02] 0,2 Covered 1/3 ER2 Short @ 594.90 --> + 1.4 [12:02] nice Niha [12:03] 0,2 Covered 1/2 YM Short @ 10348 --> + 10 [12:03] there's the kid... [12:03] 0,2 Covered Remainder ER2 Short @ 594.50 --> + 1.8 [12:03] 0,6 exit stop moved to breakeven YM @ 10358 [12:03] and there's the dad... [12:03] haha [12:04] :) [12:04] consolidation height implies a YM pt of 10323 +/- [12:04] Now I can go shop for a new patio furniture...Sunday is Mother's day...gotta get the spouse her gift. [12:05] Now you know why I got the short end of this deal :( [12:05] 0,3 Long YM @ 10346 [12:05] that was at 12:03 [12:06] have fun shopping [12:07] I'm going to a place called "Patio Rama". [12:07] Whoops, I got stopped out [12:07] 0,2 Exited all ES Long @ 1174.5 --> - 2.5 4,0 ŤŤ paper ťť [12:07] * NihabaAshi is now known as NihabaAshi_away [12:10] 0,4 Shorts ES @ 1173.0 4,0 ŤŤ paper ťť [12:14] 0,6 exit stop lowered YM @ 10369 [12:16] 0,6 exit stop lowered YM @ 10363 [12:18] 0,2 Covered all ES Short @ 1172.75 --> + 0.25 4,0 ŤŤ paper ťť [12:26] 0,2 Covered all YM Short @ 10350 --> + 8 [13:02] 0,2 Trailing Stop Hit YM @ 10363 --> + 5 [13:03] 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. [13:13] 0,4 Shorts YM @ 10364 [13:15] 0,4 Shorts ES @ 74 [13:18] 0,2 Covered ES Short @ 74 --> 0 [13:19] jp that was quick [13:19] The reason for trade was no longer there [13:25] 0,2 Covered all YM Short @ 10372 --> - 8 [13:26] getting too many Stops hit this week. [13:27] 0,2 Exited all YM Long @ 10375 --> + 29 [13:28] nice m [13:33] thanks S [13:45] hi all [13:47] hi where u been? [13:48] I was on a long holiday:) [13:50] I hope you ahve all made $$$ when I wasn't here [13:50] have [13:50] 0,4 Shorts YM @ 10380 [13:57] 0,4 Shorts YM @ 10376 [14:03] 0,3 Long ES @ 75 [14:05] 0,2 Covered Remainder YM Short @ 10389 --> - 13 [14:05] 0,2 Covered all YM Short @ 1-390 --> + 10380 - 1-390 [14:05] damn [14:06] 0,2 Exited ES Long @ 77 --> + 2 [14:12] 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. [14:14] 0,4 Shorts YM @ 10388 [14:17] 0,2 Covered Remainder YM Short @ 10396 --> - 8 [14:20] * WannaBeATrader is now known as WBAT-away [14:31] 0,4 Shorts YM @ 10380 [14:37] 0,2 Covered Remainder YM Short @ 10384 --> - 4 [14:54] 0,3 Long YM @ 10374 [14:55] 0,3 Long YM @ 10377 [14:59] 0,2 Exited 1/2 YM Long @ 10379 --> + 5 [15:00] this is like when we were short near 10300 [15:02] 0,3 Long ES @ 75.75 [15:05] 0,2 Exited Remainder YM Long @ 10374 --> 0 [15:05] 0,2 Exited all YM Long @ 10370 --> - 7 [15:05] 0,4 Shorts YM @ 10370 [15:06] 0,2 Exited ES Long @ 74.25 --> - 1.5 [15:06] 0,4 Shorts YM @ 10370 [15:08] 0,2 Covered Remainder YM Short @ 10370 --> 0 [15:12] SOB's keep holding here [15:13] cya monday [15:13] bye [15:13] bye [15:14] 0,2 Covered all YM Short @ 10371 --> - 1 [15:14] coudnt take anymore [15:15] 0,4 Shorts YM @ 10370 [15:18] 0,3 Long YM @ 10374 [15:18] 0,2 Covered Remainder YM Short @ 10374 --> - 4 [15:19] i guess we waiting when big boys decide to move this sucker [15:24] 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] 0,4 Shorts ER2 @ 598 4,0 ŤŤ paper ťť [15:27] 0,4 Shorts YM @ 10372 [15:28] 0,2 Covered 1/3 Short ER2 at 597.5 --> + 0.5 4,0 ŤŤ paper ťť [15:30] 0,2 Covered all Short ER2 at 598 --> 0 4,0 ŤŤ paper ťť [15:30] les i see you getting quicker with those scalps [15:32] 0,6 exit stop set YM @ 10381 [15:34] * WBAT-away is now known as WannaBeATrader [15:36] szu - yes looks like [15:37] but i was still hoping for an all-out plunge to make that short look god [15:37] i'm not consciously scalping [15:38] 0,2 Exited all YM Long @ 10367 --> - 7 [15:38] im gonna call it a week. i did some shitty trading this week. back to the drawing board [15:38] you'll bouce back next week szu [15:39] have to start working on a better Plan or they will eat me alive [15:39] 0,2 Covered 1/2 YM Short @ 10364 --> + 8 [15:45] 0,2 Covered Remainder YM Short @ 10366 --> + 6 [15:47] cu guys monday [15:47] cya les [15:47] by then szu will have his new plan, right? [15:47] ah, he's left already [15:47] im sure he will [15:47] yep [16:36] 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. [17:48] 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. [18:04] * Disconnected Session Close: Fri May 06 18:04:59 2005