Session Start: Wed May 11 09:30:10 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] 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. [09:32] morn all [09:32] bidders hlding ES up [09:32] holding even [09:34] 0,4 Shorts ES @ 1169.25 4,0 ŤŤ paper ťť [09:34] not paper [09:35] 0,4 Shorts ER2 @ 596.40 -> small size [09:35] 0,4 Shorts YM @ 10290 [09:35] 0,2 Covered all ES Short @ 1168.5 --> + 0.75 [09:36] 0,6 exit stop moved to breakeven ER2 @ 596.40 [09:36] Too shallow of a Gap fill :( [09:36] 0,2 Trailing Stop Hit ER2 @ 596.40 --> 0 [09:38] When one makes a proper stir fry, one chops up all the veggies into bite sized chunks. Some days that's the way traders must eat. [09:38] Or I must anyway [09:39] es going nowhere [09:39] y dont think y should before or after trading... [09:39] i mean like during must be distracting........... [09:39] eat [09:39] Market's not in haromny [09:41] 0,3 Long ES @ 1168 4,0 ŤŤ paper ťť [09:41] 0,2 Exited all ES Long @ 1167.75 --> - 0.25 4,0 ŤŤ paper ťť [09:42] Ooooo those bastids [09:42] 0,2 Covered 1/2 YM Short @ 10285 --> + 5 [09:43] Is Alan supposed to give a speech or sumething later today> [09:43] ? [09:43] 0,3 Buys ES @ 595.5 4,0 ŤŤ paper ťť [09:44] not that i know of [09:44] 0,4 Shorts ES @ 1167.75 [09:44] 0,6 exit stop set YM @ 10293 [09:44] 0,4 Shorts ER2 @ 596.70 -> large size [09:45] Lets get our gap closer, Nihaba :) [09:46] 0,2 Covered 1/3 ER2 Short @ 595.20 --> + 1.5 [09:46] oops - that entry was supposed t be 596.5 [09:46] exit @ 596 [09:47] I also posted a bad entry...will redo in a minute... [09:47] 0,4 Shorts ER2 @ 595.70 -> large size [09:47] -.50 [09:48] 0,2 Covered 1/3 ER2 Short @ 595.20 --> + 0.5 [09:49] 0,6 exit stop lowered YM @ 10290 [09:50] Geesh :( [09:50] 0,2 Covered Remainder ER2 Short @ 595.70 --> 0 [09:53] 0,3 Long ER2 @ 595.00 -> small size [09:54] Somebody's buyinmg ES sall the way down [09:57] 0,2 Covered all ES Short @ 1166.25 --> + 1.5 [09:58] Man, somebody is wading in and buying ES with both hands [09:59] 0,3 Long ER2 @ 594.3 [10:00] 0,4 Shorts YM @ 10267 4,0 ŤŤ paper ťť [10:00] Not looking good for the bulls [10:01] Now it's looking better for them :) [10:01] nice short fft [10:01] 0,6 exit stop lowered YM @ 10284 [10:01] Thanks WBAT [10:02] I had 6.25 as my orig target, moved it up then back as we came down [10:03] 0,2 Exited ER2 Long @ 594.00 --> - 1 [10:03] 0,4 Reverse and Enter Short ER2 @ 594.00 [10:03] added 2 contracts. [10:03] 0,2 Exited all ER2 Long @ 593.5 --> - 0.8 [10:03] 0,4 Shorts YM @ 10267 [10:04] 0,4 Shorts ER2 @ 593.60 -> Add [10:04] 0,2 Covered all Short YM at 10273 --> - 6 4,0 ŤŤ paper ťť [10:05] breadths looking sickly, but the market ain't following. Yet. [10:06] 0,2 Covered Remainder YM Short @ 10272 --> + 18 [10:06] 0,4 Shorts ES @ 1166.75 4,0 ŤŤ paper ťť [10:06] 0,4 Shorts YM @ 10266 4,0 ŤŤ paper ťť [10:07] 0,2 Covered 1/3 ER2 Short @ 593.40 --> + 0.2 [10:08] 0,2 Covered 1/3 Short YM at 10262 --> + 4 4,0 ŤŤ paper ťť [10:08] 0,2 Covered 1/3 ES Short @ 1165.75 --> + 1 4,0 ŤŤ paper ťť [10:08] 0,2 Covered 1/3 ER2 Short @ 592.80 --> + 1.2 [10:08] 0,6 exit stop set ES @ 1166.5 4,0 ŤŤ paper ťť [10:08] BE+.25 [10:09] 0,6 exit stop moved to breakeven YM @ 10266 4,0 ŤŤ paper ťť [10:09] 0,2 Covered 1/2 YM Short @ 10258 --> + 9 [10:09] 0,4 Shorts ER2 @ 592.50 -> Add [10:09] 0,6 exit stop moved to breakeven YM @ 10267 [10:11] 0,6 exit stop lowered YM @ 10262 4,0 ŤŤ paper ťť [10:13] :( [10:14] Looks like my last ADD has a good chance of getting picked off at breakeven. [10:14] that last post was wrong... [10:14] 0,6 exit stop lowered YM @ 10264 4,0 ŤŤ paper ťť [10:14] Niha ...nice [10:14] You loaded the frikin boat with Shorts :) [10:15] once niha gets hold of the tail he don't let go ... [10:15] 0,2 Covered ER2 Short @ 591.50 --> + 3.5 [10:16] wow [10:16] great one [10:16] Will correct... [10:16] I still have 2 contracts and that ADD (2 contracts) is a +1.00 gain only [10:17] YM just had spike from Hell [10:17] wow [10:17] i saw that [10:17] my targets filled - still trying to figure this out :) [10:17] sheesh... [10:17] That's one big tail on YM. [10:17] 0,2 Covered 1/3 ES Short @ 1164.5 --> + 2.25 4,0 ŤŤ paper ťť [10:17] dipped its toe in acid [10:17] 0,2 Covered 1/3 Short YM at 10239 --> + 27 4,0 ŤŤ paper ťť [10:18] 0,2 Covered remainder Short YM at 10236 --> + 30 4,0 ŤŤ paper ťť [10:18] That paper trade was partially real :) [10:18] that spike for real, or just data glitch?? [10:18] Looks real to me [10:19] Fat Fingered Order Entry clerk, perhaps [10:19] Not sure...looks real also especially with the looming 1030am EIA report coming. [10:19] SMH spiked the other way [10:19] Someone probably dumped. [10:19] SMH was bad data [10:19] TS fixed it already [10:20] I'd count on some YM trades to get busted [10:20] I still have 2 contracts from 594.00 [10:20] Hoping for the EIA Petro report to give me a big down move. [10:20] well ninatrader reports i got total of 73 points on thattrade [10:21] i just reloaded my ym chart.. and teh tail is indicating that it might not be valid [10:21] U rock :) [10:21] i had an ADD in place just where it broke down [10:21] didnt have time to post [10:21] PJ - running ts8? [10:21] not yet [10:21] still esignal [10:21] k [10:22] * FFT sends PJ flowers of sympathy [10:22] Jon - it must have been IB data as well cos thst the NT feed [10:22] planning to subscribe this aft noon [10:22] gee.. thnx.. ur sweet! [10:22] :0 [10:22] Watch these guys take my stop on my runner and tank 10 points :( [10:23] reloading esig to see [10:23] 0,3 Long ES @ 65.50 [10:23] 0,3 Long ER2 @ 592.30 [10:24] no chage - esig still shows huge spike after reload [10:24] I've got it on a pretty tight tick chart, and it looks valid [10:25] like valid data, that is. Id expect some busting considering we were 30 points away [10:26] IB's Time clock is off again againsy my computer clock :( [10:26] no messages from IB so far [10:27] im checking CBOT website but their quotes are delayed [10:27] i have that same spike. it looks right. [10:27] They might wait until oil comes out, then if the guys that made a mistake aare in the money, they won't bust ;) [10:28] bust? [10:28] Bust the trades [10:28] no more spike on my Ensign/IB [10:28] u mean declare them invalid? [10:28] * FFT nods [10:28] don't know [10:29] maybe its a sign.. [10:30] It happens from time to time, somebody "accidently" enters a huge sell order that tanks the market. An hour later, CME says "Whops, sorry you guys, yer hosed, we're breaking all trades below x" [10:30] Got stopped out [10:30] yep, i know, just didnt understand when you called it bust [10:30] 0,2 Trailing Stop Hit ES @ 1166.5 --> + 0.25 4,0 ŤŤ paper ťť [10:30] t me bust is like female chest :) [10:30] 0,2 Covered all YM Short @ 10266 --> + 1 [10:31] 0,3 Long YM @ 10266 [10:31] lol [10:31] here we go-deloop [10:31] 0,2 Exited all YM Long @ 10254 --> - 12 [10:31] Called bust, cuz when it happens to you, you wanna go bust open their heads. [10:31] Punks [10:32] figures FFT [10:32] I mean, I've hit the wrong stupid key and bought when I wanted to sell. Think I could get a bust? No way. [10:32] CBOT says YM low 10216 - full size Dow LOD is only 10242 [10:33] Is that delayed, tlt? [10:33] yes [10:33] 0,4 Shorts YM @ 10247 [10:33] Bastids. Stopped me out and now we're gonna run :( [10:35] I refreshed, TS still showing sell off in YM [10:35] 0,2 Covered all YM Short @ 10259 --> - 12 [10:35] 0,3 Long YM @ 10260 [10:37] 0,3 Long YM @ 10254 [10:37] Wow...what a bounce :( [10:37] 0,4 Shorts ES @ 1166.75 4,0 ŤŤ paper ťť [10:37] 0,2 Exited all YM Long @ 10264 --> + 10 [10:37] I know I wouldn't have the guts for this short [10:37] 0,2 Covered Remainder ER2 Short @ 593.90 --> + 0.1 [10:38] 0,2 Exited ES Long @ 66.25 --> + 0.75 [10:39] 0,2 Exited 1/2 YM Long @ 10270 --> + 10 [10:40] 0,2 Exited all YM Long @ 10261 --> + 1 [10:40] :( [10:41] 0,4 Shorts YM @ 10267 [10:42] 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. [10:43] I got a five minut window for a new LOD, come on ES [10:43] 0,2 Covered all YM Short @ 10259 --> + 8 [10:45] 0,4 Shorts YM @ 10253 [10:47] 0,2 Covered all ES Short @ 1166 --> + 0.75 4,0 ŤŤ paper ťť [10:47] Turned into a real trade for more :) [10:48] ANd my window expired wity no new lod :( [10:51] 0,2 Covered 1/2 YM Short @ 10248 --> + 5 [10:52] I'm writing up a description of bonds for some friends. Are bills longer or shorter term? [10:52] I can never remember that. [10:52] shorter [10:52] Thanks [10:52] Dang, there my new LOD [10:53] 0,4 Shorts ER2 @ 592.00 -> large size [10:53] 0,4 Shorts YM @ 10238 4,0 ŤŤ paper ťť [10:53] 0,2 Covered 1/3 Short YM at 10233 --> + 5 4,0 ŤŤ paper ťť [10:55] 0,2 Covered 2/3 ER2 Short @ 590.80 --> + 1.2 [10:56] 0,6 exit stop lowered YM @ 10231 4,0 ŤŤ paper ťť [10:57] 0,2 stop hit YM @ 10231 --> + 7 4,0 ŤŤ paper ťť [10:58] 0,3 Long YM @ 10229 [10:59] sorry a bit late to post [10:59] When did Milken become the Junk Bond King? Was that in the 70s? [10:59] Or 80s? [10:59] i thought it was 80's [10:59] It might have been. [11:00] 1975... I think before the Latin america crisis (1982) [11:01] 0,6 exit stop moved to breakeven ER2 @ 592.00 [11:02] 0,2 Exited all YM Long @ 10234 --> + 5 [11:10] 0,2 Covered all YM Short @ 10231 --> + 22 [11:12] 0,4 Shorts ES @ 1162.25 4,0 ŤŤ paper ťť [11:13] 0,2 Covered ER2 Short @ 589.70 --> + 2.3 [11:13] Holding 2 contracts...spouse got her pt1, toddler got his pt2...now I'm trying to get my pt3. [11:14] who's holding the toddler niha :) [11:14] Nice Niha.. They shook me out i was aggressive after the report looking for better followthru [11:15] 0,3 Long DAX @ 4249 [11:15] pt3 is for the other toddler ??? [11:15] szu...they shook me out (still mad) in that first short (picture perfect signal) @ 596.40 soon after the open :( [11:17] mispe...yep...one day in the future I'll get pushed back to a pt4 because the future 2nd kid will get pt3... [11:17] That means I'll need to learn how to hold onto these big movers a little better :) [11:20] Anybody hear any rumors about Jordanian terrorist Abu Musab al-Zarqawi is "seriously injured, possibly dead" in the latest U.S. offensive near the Syria border area ??? [11:20] 0,2 Exited all DAX Long @ 4252 --> + 3 [11:20] hmmf.. haven't heard anything yet niha. [11:23] OT: Just when you thought the Jackson Trial couldn't get any more like a circus, Macaular Culkin will be testifying. Man, will this thing never end? [11:23] tax $ at work [11:32] 0,3 Long YM @ 10230 [11:34] :( [11:34] 0,2 Covered Remainder ER2 Short @ 591.60 --> + 0.4 [11:34] 0,2 Exited all YM Long @ 10237 --> + 7 [11:46] 2pm treasury budget [11:47] Yep...that's another price mover of a report [11:47] lets hope so [11:48] 0,4 Shorts ES @ 1164 4,0 ŤŤ paper ťť [11:52] 0,2 Covered 1/3 ES Short @ 1163 --> + 1 4,0 ŤŤ paper ťť [11:52] 0,6 exit stop set ES @ 1163.5 4,0 ŤŤ paper ťť [11:52] BE+.25 [11:52] 0,6 exit stop set ES @ 1163.75 4,0 ŤŤ paper ťť [11:53] 0,2 Covered 1/3 ES Short @ 1163 --> + 1 4,0 ŤŤ paper ťť [11:53] Only got my runner left [11:54] 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. [11:55] Hye Nihaba, that terrorist thing is from some Itialian news site: [11:56] http://www.adnki.com/index_2Level.php?cat=Terrorism&loid=8.0.165740392&par=0 [11:56] There source is some Iraqi, so I doubt it's true [11:56] their even [12:00] 0,2 Trailing Stop Hit ES @ 1163.75 --> + 0.25 4,0 ŤŤ paper ťť [12:02] Thanks FFT. [12:02] yw [12:02] break time [12:04] k guys back to the office ty all [12:07] No charts... [12:07] 0,4 Shorts ER2 @ 588.90 -> small size [12:07] Trading time and sales...nothing else :) [12:07] white house evacuated [12:08] My charts are dead in the water. [12:08] white house being evacuated [12:08] my charts dead too... :( [12:10] 0,4 Shorts ER2 @ 589.30 -> Add [12:11] quotes are all jacked up [12:11] Yep...trying to escape these 2 contracts. [12:11] my charts are froze for over 6 mins now [12:12] nothing like news screwing up a trade [12:12] yup [12:12] i have quotes, but the fills reported are nowhere near close [12:12] They are really piling out of the capitol [12:13] small plane spotted in restricted airspace [12:13] crazy price action [12:14] news driven [12:14] Not a good time to be using market orders :) [12:14] You want your day in the sun.....fly a plane into a restricted zone [12:15] then write a book [12:15] 0,4 Shorts ER2 @ 592.30 -> Add [12:15] if it turns out to be an idiot instead of a terrorist - short sqeeze? [12:15] 0,2 Exited all ER2 Long @ 592.40 --> + 0.1 [12:16] it was an idiot [12:17] he wont fly again [12:17] esp after they blast him out of the sky [12:17] :) [12:17] idjit [12:18] Just got charts... [12:18] sufferin succatash.. dares idjits falllin out da sky! [12:18] Geeesh...scary... [12:18] yes... very [12:18] What's up? [12:18] whitehouse evac [12:18] now the pilot has to behead himself as punishment? [12:18] pick a news channel FFT [12:18] lol, just fired it up [12:20] Is why an emergency hard stop is very important. [12:21] as long as its held on the brokers end. [12:22] I hope we didn't use up all the execitement that we should get from the trasury news at 2 [12:22] Agree. [12:23] niha, you ok? [12:25] Yes...just sitting here trying to decide what to do with these 3 contracts. [12:29] Bail at support is always an otion for shorts [12:30] And here's ER2 support [12:31] whats you average to b/e? [12:31] (if you want to say) [12:31] 0,2 Covered 1/3 ER2 Short @ 591.00 --> + 1.3 [12:32] :) [12:40] Wanna...its a small size position...I'm up big for the day in ER2...worst can happen is that a loss in this trade takes away almost 1/3 of today's profits in ER2. [12:41] I just need some points going into the 2pm Treasury Budget so that if a large size opportunity shows up...I may need a little breathing room if the trade doesn't go my way right away. [12:42] Would be nice if another idiot did a White House or Pentago flyover :) [12:43] have a long entry sig at YM 10229 but risk but normal exit would be 10191 so I'm passing [12:44] dont look at me [12:44] i value my pilot license [12:44] hey you fly? [12:48] Loooks like the treasury shenanigans are starten early :) [12:52] yeah i do TLT [12:55] OT: WBT, what kind of plane? [12:55] piper arrow & mooney M20 [12:56] i've never flown either but I am familiar with them both [12:56] yeah. i like them both [12:56] i really want some jet time :) [12:57] i'm flying a BeechJet 400 right now [12:57] really? [12:57] thats awesome [12:57] was flying a Challenger 600 until 2 years ago [12:58] pretty sweet. you have a right seater? [12:58] just hired a part time guy [12:58] Setting some wide stops...gonna get some rest to be mentally ready for the 2pm Treasury stuff... [12:58] ok [12:59] about $500/hr direct operating costs for a beech i think [12:59] if i recall correctly [13:00] more like $1,000 - $1,300 [13:00] 0,6 exit stop set ER2 @ 592.90 [13:00] i was way off. [13:00] 0,4 Shorts ES @ 1164.5 [13:02] where are you located TL? [13:02] outside Atlanta [13:03] cool! i am in birmingham [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. [13:03] 0,2 Covered ER2 Short @ 592.90 --> - 4 [13:03] 0,3 Reverse and Enter Long ER2 @ 592.90 [13:03] i just flew with a guy from Birmingham Monday [13:04] Didn't expect that to happen while I was walking away from the computer :( [13:05] next time i come to KPDK, i will buy you a beer [13:05] OK, we're at KRYY [13:06] even better [13:08] is that a jet base? [13:08] primarily [13:08] we had our challenger there, they just lengthened the runway to 6000+ [13:09] wow, wish I had taken that long entry now [13:09] 0,2 Exited all ER2 Long @ 593.20 --> + 0.3 [13:09] yeah, ok. i am at KEKY [13:10] That Long entry reversal was an execution error...got Long when I didn't want to....glad to get out with a profit. [13:10] nice job [13:11] Be back around 1:45pm est...gonna get some rest. [13:11] * NihabaAshi is now known as NihabaAshi_away [13:14] how often do you get out TL? [13:15] we only fly about 100 or so hours a year [13:15] we have a lot of multi-day layovers [13:15] ok [13:18] * WannaBeATrader is now known as WBAT-break [13:23] 0,2 Covered all ES Short @ 1167.25 --> - 2.75 [13:24] 0,4 Shorts YM @ 10262 [13:45] 0,2 Covered 1/2 YM Short @ 10249 --> + 13 [13:46] 0,6 exit stop set YM @ 10266 [13:55] Whew. Made most of that money I lost on that stupid trade back. Switching to paper for the rest of the day [13:58] 0,4 Shorts ES @ 1165.5 4,0 ŤŤ paper ťť [14:00] * WBAT-break is now known as WannaBeATrader [14:00] Well giddy-up, little doggie [14:01] 0,6 exit stop set ES @ 1167 4,0 ŤŤ paper ťť [14:02] 0,2 Trailing Stop Hit ES @ 1167 --> - 1.5 4,0 ŤŤ paper ťť [14:02] Dang [14:02] 0,3 Long YM @ 10260 [14:04] Come on buyers [14:05] 0,4 Shorts ES @ 1167 4,0 ŤŤ paper ťť [14:07] 0,2 Trailing Stop Hit YM @ 10266 --> - 4 [14:07] 0,2 Exited 1/2 YM Long @ 10268 --> + 8 [14:07] 0,6 exit stop moved to breakeven YM @ 10260 [14:11] WTG Szu [14:15] 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. [14:15] Now this definately feels too high [14:15] thanx FFT.. could have went either way, i was ready to reverse at any moment [14:19] Holy moly. [14:21] frijole mole [14:21] dang.... just made myself hungry... [14:23] * NihabaAshi_away is now known as NihabaAshi [14:24] Sacre' Blue! [14:41] Not very good price action after the 2pm pop to the upside. [14:41] In reference to the price action after 2:15pm est [14:48] 0,3 Buys ER2 @ 596.3 4,0 ŤŤ paper ťť [14:49] wrong entry [14:49] 0,2 Exited all YM Long @ 10303 --> + 43 [14:49] 0,3 Buys ER2 @ 596.8 4,0 ŤŤ paper ťť [14:50] nice Szu [14:50] 0,2 Exited 1/3 Long ER2 at 597.3 --> + 0.5 4,0 ŤŤ paper ťť [14:50] hi all [14:51] How to add ER2 in my script? [14:51] thanx.. Like Niha said almost No Follothru after that POP [14:51] 0,2 Exited 1/3 Long ER2 at 597.2 --> + 0.4 4,0 ŤŤ paper ťť [14:51] ziz right click then setup [14:52] 0,6 exit stop raised ER2 @ 597 4,0 ŤŤ paper ťť [14:53] 0,4 Shorts ER2 @ 597.10 -> large size [14:53] 0,2 Exited remainder Long ER2 at 596.9 --> + 0.1 4,0 ŤŤ paper ťť [14:53] Niha Shorting opening High on ER? [14:53] 0,4 Shorts ER2 @ 596.60 -> Add [14:54] szu...trying to...I saw too much hesitation up there. [14:54] 0,4 Shorts ER2 @ 596.6 4,0 ŤŤ paper ťť [14:55] i know TL, but I have the old script with only NQ, ES, YM, QQQ and SPY [14:55] oh [14:56] 0,2 Covered 1/3 Short ER2 at 596.2 --> + 0.4 4,0 ŤŤ paper ťť [14:57] Geeesh...I need just one lousy tick... [14:57] Ok, I must download the latest version [14:59] 0,2 Covered 1/4 ER2 Short @ 595.70 --> + 0.9 [14:59] 0,2 Covered 1/3 Short ER2 at 595.9 --> + 0.7 4,0 ŤŤ paper ťť [14:59] 0,6 exit stop lowered ER2 @ 596.2 4,0 ŤŤ paper ťť [15:01] 0,4 Shorts ER2 @ 95.7 4,0 ŤŤ paper ťť [15:01] test [15:02] Critical price area here for ER2. [15:02] yes - meeting a support area here [15:02]