Session Start: Mon May 16 09:33:51 2005 Session Ident: #FuturesTrades [09:33] * Now talking in #FuturesTrades [09:33] [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 YM @ 10159.00 -> small size [09:38] 0,6 exit stop moved to breakeven YM @ 10159.00 [09:42] 0,2 Trailing Stop Hit YM @ 10159.00 --> 0 [09:42] That's what happens when you "chase" by 7 points after the trade signal :( [09:43] I had no "wiggle room" to be able to stay in the trade. [09:44] Niha .:( missed it [09:45] Yep...got caught starting late via an unexpected problem here at home (toddler broke a glass). [09:45] 0,3 Buys ES @ 1159.5 4,0 ŤŤ paper ťť [09:46] whoosh [09:47] that toddler got a lot to answer for :) [09:48] :) [09:54] 0,4 Shorts ER2 @ 587.10 -> small size [09:55] 0,6 exit stop moved to breakeven ER2 @ 587.10 [09:57] 0,2 Trailing Stop Hit ER2 @ 587.10 --> 0 [09:59] No 10 AM reports. Nothing to give market kick in the butt. [09:59] I'm Short bias today bigtime [10:01] I hope this push up leads into a short signal. [10:02] 0,4 Shorts YM @ 10182 4,0 ŤŤ paper ťť [10:04] 0,4 Shorts YM @ 10179 [10:06] 0,2 Covered 1/2 YM Short @ 10177 --> + 5 4,0 ŤŤ paper ťť [10:06] 0,6 exit stop set YM @ 10187 4,0 ŤŤ paper ťť [10:10] 0,4 Shorts ER2 @ 568.30 [10:13] 0,2 Covered 1/2 YM Short @ 10174 --> + 5 [10:14] (568.30)--> 586.30 [10:14] 0,6 exit stop moved to breakeven YM @ 10179 [10:16] 0,4 Shorts ER2 @ 586 4,0 ŤŤ paper ťť [10:16] 0,2 Covered all YM Short @ 10179 --> 0 [10:16] :( [10:17] 0,2 Covered all ER2 Short @ 586.60 --> - 18.3 [10:18] 0,2 Trailing Stop Hit YM @ 10187 --> - 5 4,0 ŤŤ paper ťť [10:18] we waiting on NQ [10:20] 0,6 exit stop raised ES @ 1157.25 4,0 ŤŤ paper ťť [10:21] 0,4 Shorts YM @ 10192 [10:22] 0,6 exit stop moved to breakeven YM @ 10192 [10:23] 0,2 Covered all YM Short @ 10192 --> 0 [10:24] 0,4 Shorts YM @ 10192 [10:25] 0,2 Covered 1/3 Short ES at 586.7 --> - 0.7 4,0 ŤŤ paper ťť [10:26] wrong, very wrong - ignore that [10:26] 0,2 Covered all YM Short @ 10187 --> + 5 [10:32] 0,4 Shorts YM @ 10190 [10:33] 0,2 Covered all YM Short @ 10187 --> + 3 [10:33] 0,2 Covered all Short ES at 1160 --> - 574 4,0 ŤŤ paper ťť [10:34] hmmm [10:34] 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. [10:34] +.50 - ext @ 1160 [10:34] 0,4 Shorts ER2 @ 585.90 [10:39] 0,2 Covered all ER2 Short @ 586.80 --> - 0.9 [10:41] 0,4 Shorts YM @ 10189 [10:42] 0,2 Covered all YM Short @ 10181 --> + 8 [10:43] 0,3 Long ES @ 59.50 [10:45] 0,2 Exited ES Long @ 61.50 --> + 2 [10:45] 0,3 Buys ER2 @ 588.3 4,0 ŤŤ paper ťť [10:46] 0,2 Exited 1/3 Long ER2 at 588.8 --> + 0.5 4,0 ŤŤ paper ťť [10:49] 0,4 Shorts YM @ 1199 [10:51] 0,2 Covered all YM Short @ 1198 --> + 1 [10:55] c'mon ya hairy swines - BUY [10:56] 0,4 Shorts YM @ 10207 [10:57] Ever since the FOMC announcement...most of the best trading action has occurred in the p.m. session. [10:57] Be back later after lunch. [10:57] * NihabaAshi is now known as NihabaAshi_away [10:57] CU niha [10:58] 0,2 Covered all YM Short @ 10207 --> 0 [11:01] 0,2 Exited remainder Long ER2 at 588.4 --> + 0.1 4,0 ŤŤ paper ťť [11:21] 0,4 Shorts YM @ 10202 4,0 ŤŤ paper ťť [11:25] 0,4 Shorts YM @ 10205 [11:26] 0,4 Shorts YM @ 10201 [11:27] 0,2 Covered all YM Short @ 10198 --> + 7 [11:28] oopps whole room is Short.. thats usually a bad sign :) [11:28] 0,2 Covered 1/2 YM Short @ 10195 --> + 7 4,0 ŤŤ paper ťť [11:29] 0,6 exit stop set YM @ 10209 4,0 ŤŤ paper ťť [11:29] 0,6 exit stop raised YM @ 10210 4,0 ŤŤ paper ťť [11:31] 0,2 Covered 1/2 YM Short @ 10195 --> + 6 [11:32] 0,6 exit stop moved to breakeven YM @ 10201 [11:33] 0,2 Covered all YM Short @ 10201 --> 0 [11:33] lunch sounds good [11:38] * les is now known as lesAway [11:43] 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. [12:14] oil price moving up a bit [12:45] * lesAway is now known as les [12:54] niha, you back yet? [12:55] 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. [13:19] hi all [13:20] hey [13:25] 0,2 Trailing Stop Hit YM @ 10210 --> - 8 4,0 ŤŤ paper ťť [13:43] 0,4 Shorts ES @ 1162.50 -> large size [13:44] 0,3 Long YM @ 10214 [13:46] 0,2 Exited 1/2 YM Long @ 10222 --> + 8 [13:46] 0,6 exit stop moved to breakeven YM @ 10214 [13:47] 0,3 Long ES @ 63.75 [13:55] emini looks like you walked right into it [13:57] I still think there is a strong probability of a drop heavy resistence on the 30 min and 60 min [13:57] at this level [13:58] its making you work for it emini [13:59] that might be the problem.. everyone Bearish now and thats where they can nail ya [13:59] mrkts not being easy these few days :) [13:59] [09:59] I'm Short bias today bigtime [14:02] I've ignored two long entries today because of my short bias [14:02] yes.. when im "bias" i usually pay a price. [14:02] 0,2 Exited ES Long @ 64.25 --> + 0.5 [14:04] 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. [14:07] * NihabaAshi_away is now known as NihabaAshi [14:08] szu...I'm short bias all week based on the weekly chart info. [14:10] 0,2 Exited all YM Long @ 10219 --> + 5 [14:10] Geesh...YM has a mind of its own. [14:12] NQ,ER struggling with making new highs [14:20] 0,4 Shorts ES @ 1164 -> Add [14:21] 0,4 Shorts ER2 @ 588.10 -> small size [14:23] :( [14:25] 0,6 exit stop moved to breakeven ER2 @ 588.10 [14:26] 0,2 Covered 1/3 ER2 Short @ 587.90 --> + 0.2 [14:27] Missed my entry and ended up chasing by 0.40 ticks [14:27] 0,2 Covered all ES Short @ 1163 --> + 0.5 [14:28] Had to take a small profit at the spot where I would have taken a profit had I not missed the entry signal. [14:29] 0,2 Trailing Stop Hit ER2 @ 588.10 --> 0 [14:31] 0,4 Shorts YM @ 10224 4,0 ŤŤ paper ťť [14:39] 0,4 Shorts ER2 @ 588.20 -> large size [14:39] Picture perfect entry...first one of the day. [14:40] candle pattern or Price Action? [14:41] Price action [14:41] price action bark [14:41] its one of the strategies [14:41] 0,2 Covered 1/2 YM Short @ 10213 --> + 11 4,0 ŤŤ paper ťť [14:42] 0,6 exit stop moved to breakeven YM @ 10224 4,0 ŤŤ paper ťť [14:42] nice dan. [14:42] 0,4 Shorts YM @ 10216 [14:43] 0,3 Buys ER2 @ 588.3 4,0 ŤŤ paper ťť [14:44] Not looking good so far. [14:44] getting too late for much of a pullback [14:45] i have a point in from the previous signal [14:45] hopefully we get a WRB to hit PT2 [14:46] I should be at breakeven but I didn't dump it...trying to give it a little more breathing room. [14:46] im afraid with ppi tomorrow, we may just range [14:47] :( [14:48] 0,2 Exited 2/3 Long ER2 at 588.6 --> + 0.3 4,0 ŤŤ paper ťť [14:49] 0,2 Exited remainder Long ER2 at 588.5 --> + 0.2 4,0 ŤŤ paper ťť [14:50] cant get more then a few frikin ticks today [14:51] 0,2 Trailing Stop Hit YM @ 10224 --> 0 4,0 ŤŤ paper ťť [14:58] Starting to feel a little trapped in this trade...lowering my initial stop. [14:59] 0,2 Trailing Stop Hit ER2 @ 588.10 --> + 0.1 [14:59] range [14:59] 0,6 exit stop lowered ER2 @ 589.50 [15:00] If it powers back up...I won't let it hit that stop...I'll quickly reverse into a Long position. [15:07] 0,3 Buys ER2 @ 589.3 4,0 ŤŤ paper ťť [15:08] 0,2 Covered ER2 Short @ 589.40 --> - 1.2 [15:08] 0,3 Reverse and Enter Long ER2 @ 589.40 [15:10] 0,2 Exited all Long ER2 at 589.6 --> + 0.3 4,0 ŤŤ paper ťť [15:10] 0,3 Long YM @ 10235 [15:12] 0,2 Exited all YM Long @ 10236 --> + 1 [15:16] 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. [15:16] i got out... me thinks they went for Stops from Previous high [15:16] :( [15:16] this pig wont run [15:16] I hop this isn't a stop runner. [15:17] hop = hope [15:17] exackly wanna.. no fuel to this [15:17] Lots of reports tomorrow. [15:18] First time i might get up at 8 AM and trade these reports like Niha [15:18] Tomorrow should be an easier trading today in comparison to today...will have my thinking cap on tomorrow and not do any chasing (be more focus). [15:21] heheh now they craank it [15:24] 0,2 Exited 2/3 ER2 Long @ 591.10 --> + 1.7 [15:26] 0,2 Exited ER2 Long @ 591.30 --> + 1.9 [15:26] Holding 2 contracts...now I can breath a little easier. [15:28] When your best stuff fails (eventhough I was suppose to go to breakeven)...its a good time to switch and go the opposite direction. [15:30] nice Niha. [15:30] I just thought if I gave that Short a little more breathing room after by not moving my initial stop into a breakeven stop...it would [15:30] be worth the reward. [15:32] However, I've been in delay mode all day...ever since the first trade when I missed that Long signal at 10152 in YM and got Long @ 10159 (trailing stop hit for breakeven) before it took off to the upside :( [15:32] 0,6 exit stop raised ER2 @ 589.50 [15:47] 0,2 Exited ER2 Long @ 591.70 --> + 2.3 [15:47] Holding 1 contract [15:58] 592.70 would be a pt area. [15:59] Doesn't look like it will make it...will form a new pt area in the next interval. [16:00] Now 592.80 is the pt area. [16:00] nice hold [16:01] see if it bids up [16:02] you better have a limit order in... [16:02] I do :) [16:02] Just in case is does one of those quick spikes. [16:03] New pt area now at 592.90 [16:03] Got order in. [16:05] Come on...not that many of us at 592.90 [16:09] come here little piggy.. here little piggy [16:09] Geesh...that took forever :) [16:09] 0,2 Exited Remainder ER2 Long @ 592.90 --> + 3.5 [16:12] Aren't you glad i called em for you niha?? [16:13] Thanks Papa...I was going to try to get my spouse to show some cleavage :) [16:14] Papa u should have told me to stay in [16:15] [15:10] Long YM @ 10235 [16:15] [15:12] Exited all YM Long @ 10236 --> + 1 [16:15] took a measly +1 Point!! :( [16:20] I'm glad I took some time off from the a.m. trading or else I'm sure I would have easily overtraded today. [16:28] 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. [17:00] * Disconnected Session Close: Mon May 16 17:00:15 2005