Session Start: Wed May 18 09:27:17 2005 Session Ident: #FuturesTrades [09:27] * Now talking in #FuturesTrades [09:27] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [09:29] . [09:31] gm all [09:32] After yesterday's market performance (late afternoon rally)...I'm back to my neutral bias :( [09:33] 0,3 Long YM @ 10387 [09:33] 0,3 Long ER2 @ 601.00 -> small size [09:34] Looking to ADD... [09:34] 0,3 Long ER2 @ 601.30 -> Add [09:34] 0,2 Exited all YM Long @ 10394 --> + 7 [09:38] 0,4 Shorts YM @ 10393 [09:39] 0,4 Shorts ES @ 81.25 [09:39] 0,2 Covered all YM Short @ 10390 --> + 3 [09:39] SMH not supporting the NDX [09:40] 0,4 Shorts YM @ 10389 4,0 ŤŤ paper ťť [09:40] 0,4 Shorts YM @ 10389 [09:42] 0,2 Covered all YM Short @ 10387 --> + 2 [09:44] Looking to ADD again... [09:44] 0,2 Covered ES Short @ 80.75 --> + 0.5 [09:45] Short ES 1181.50 <<<>>> [09:45] Crap...I may get a short signal here... [09:46] 0,4 Shorts YM @ 10389 [09:47] 0,2 Exited ER2 Long @ 600.40 --> - 0.6 [09:47] 0,4 Reverse and Enter Short ER2 @ 600.40 [09:47] Added some contracts on that reversal. [09:48] 0,2 Covered all YM Short @ 10383 --> + 6 [09:49] 0,2 Covered 1/2 YM Short @ 10379 --> + 10 4,0 ŤŤ paper ťť [09:50] 0,4 Shorts YM @ 10386 [09:50] 0,4 Shorts ER2 @ 599.6 4,0 ŤŤ paper ťť [09:51] RED ALERT4 [09:51] not my normal entry sig [09:51] 4 RED ALERT4 [09:52] They are trying to get my trailing stop :( [09:53] 0,2 Covered all ER2 Short @ 600.30 --> + 1.1 [09:53] 0,2 Covered all Short ER2 at 600.3 --> - 0.7 4,0 ŤŤ paper ťť [09:54] Incorrect script math...it should have calculated +0.10 not +1.10 [09:55] Not sure why it did that (darn betas) [09:55] 0,4 Shorts YM @ 10390 -> Add 4,0 ŤŤ paper ťť [09:58] 0,4 Shorts YM @ 10386 4,0 ŤŤ paper ťť [09:58] 0,6 exit stop set YM @ 10402 4,0 ŤŤ paper ťť [10:00] 0,2 Covered all YM Short @ 10386 --> 0 [10:02] 0,3 Long ES @ 1180 [10:04] 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. [10:04] 0,3 Long YM @ 10396 [10:06] 0,2 Covered all YM Short @ 10397 --> - 11 4,0 ŤŤ paper ťť [10:06] 0,2 Exited 1/3 ES Long @ 1181 --> + 1 [10:08] 0,3 Long ES @ 80.75 [10:08] filled - short ES 1181.50 ----PAPER---- [10:10] 0,6 exit stop raised YM @ 10405 4,0 ŤŤ paper ťť [10:10] 0,2 Exited 1/2 YM Long @ 10406 --> + 10 [10:10] 0,6 exit stop moved to breakeven YM @ 10396 [10:10] 0,2 Exited 1/3 ES Long @ 1182 --> + 2 [10:10] ignoring the stop [10:11] I don't believe it :-) [10:11] 0,2 Exited ES Long @ 81.75 --> + 1 [10:11] It's gonna be a rodeo ride until 11am est beginning in about 4 minutes. [10:11] 0,3 Long ER2 @ 602.40 -> small size [10:11] what's at 1015?? [10:12] Sticking with my 1 contract entries and will look for adds. [10:12] As soon as the EIA is released...will moved to my normal size trading. [10:13] 0,2 Exited all YM Long @ 10397 --> + 1 [10:13] danshirley...early EIA traders. [10:13] i thought it was at 9:30 [10:13] 0,4 Shorts YM @ 10397 [10:17] COVER ES at 1180 -----PAPER------ [10:23] 0,6 exit stop raised ER2 @ 601.40 [10:24] 0,6 exit stop raised ER2 @ 601.60 [10:25] 0,6 exit stop raised ER2 @ 601.70 [10:26] 0,2 Covered all YM Short @ 10406 --> - 9 [10:26] 0,3 Long YM @ 10407 [10:27] 0,3 Long ER2 @ 602.70 -> Add [10:27] 0,2 Exited Remainder ES Long @ 1182.50 --> + 2.5 [10:28] 0,3 Long ER2 @ 603.00 -> Add [10:30] 0,2 Exited 1/2 YM Long @ 10418 --> + 11 [10:30] sotped out ES at 1182.5 ----PAPER---------- [10:30] 0,6 exit stop moved to breakeven YM @ 10407 [10:30] 0,2 Exited 1/3 ER2 Long @ 603.50 --> + 0.5 [10:31] DOE: U.S. CRUDE SUPPLIES UP 4.3 MILLION BARRELS [10:32] DOE: U.S. GASOLINE SUPPLIES UP 1.1 MILLION BARRELS [10:35] 0,2 Exited 1/3 ER2 Long @ 604.10 --> + 1.7 [10:36] 0,6 exit stop moved to breakeven ER2 @ 602.40 [10:39] This is just "continuation" price action from yesterday's late afternoon price rise...a continuation pattern also from the last Fridays bounce off the lows. [10:39] 0,6 exit stop raised ER2 @ 603.50 [10:40] 0,2 Exited Remainder ER2 Long @ 603.00 --> + 0.6 [10:46] 0,2 Exited all YM Long @ 10416 --> + 9 [10:47] 0,4 Shorts YM @ 10415 [10:51] 0,2 Covered all YM Short @ 10414 --> + 1 [11:00] 0,3 Long ES @ 83 [11:04] 0,4 Shorts YM @ 10416 4,0 ŤŤ paper ťť [11:10] 0,2 Exited ES Long @ 83.50 --> + 0.5 [11:11] nice jper ... [11:12] not really [11:13] was looking for a lot more on that long [11:13] 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. [11:17] 0,3 Long YM @ 10422 [11:22] 0,2 Covered all Short YM at 10425 --> - 9 4,0 ŤŤ paper ťť [11:22] * les is now known as lesAway [11:29] 0,2 Exited all YM Long @ 10422 --> 0 [11:29] 0,4 Shorts YM @ 10422 [11:44] 0,2 Covered all YM Short @ 10423 --> - 1 [11:45] time for break [11:47] k guys c u alll later ...back to office [11:47] ty all [12:12] Wow...strong sneaky upmove...got not trade signals to get Long :( [12:12] Breakout ? [12:13] i mostly concern myself with intraday moves but this looks like the beginnings of an IT uptrend to me [12:23] 0,4 Shorts YM @ 10470 [12:25] 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. [12:27] 0,2 Covered all YM Short @ 10467 --> + 3 [12:36] arg verizon switched my DSl provider for no reason--DSl went down a while ago, on dialup :-( [13:12] Hi coachk. [13:13] hey [13:15] so next step is to figure out how to post [13:16] Yes...its all in that reply in your trader profile :) [13:17] ok thanks [13:21] 0,4 Shorts ER2 @ 607.00 -> small size [13:23] Risking only 1 contract on this... [13:23] Will not add to the position either. [13:24] Protecting my ER2 profits for the day until I get one of my best trade signals...will load the boat then :) [13:25] i am up nicely today [13:25] 4.8 er points avg [13:26] 607 is a tough level...I expect some bouncing up and down around it. [13:26] Will dump it if it bounces around too much. [13:28] chop for a while [13:29] :( [13:29] i guess putting my points up is the kiss of death.. [13:29] i hope not [13:30] 0,2 Covered ER2 Short @ 607.00 --> 0 [13:37] 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. [13:41] 0,4 Shorts NQ @ 1516.50 -> large size [13:42] 0,4 Shorts ES @ 1188.50 4,0 ŤŤ paper ťť [13:44] 0,2 Covered all ES Short @ 1186.75 --> + 1.75 4,0 ŤŤ paper ťť [13:45] 0,2 Covered all ES Short @ 1187.75 --> + 0.75 4,0 ŤŤ paper ťť [13:45] better [13:45] 0,4 Shorts YM @ 10467 [13:46] 0,2 Covered 1/3 NQ Short @ 1514.50 --> + 2 [13:47] Can't ignore putting on some size when I get my favorite signal :) [13:48] 0,6 exit stop moved to breakeven NQ @ 1516.50 [13:53] 0,3 Long ES @ 1186.50 [13:54] 0,2 Covered 1/2 YM Short @ 10460 --> + 7 [13:54] 0,2 Covered 1/3 NQ Short @ 1513.00 --> + 3.5 [13:54] Caught a pt2 [13:54] nice one [13:55] good entry Niha [13:55] 0,6 exit stop lowered NQ @ 1516.00 [13:56] 0,6 exit stop moved to breakeven YM @ 10467 [13:57] 0,3 Long ES @ 1186.50 -> Add [13:59] Ever since the FOMC announcement...the best action has been in the p.m. trading session... [13:59] However... [13:59] 0,4 Shorts YM @ 10458 [13:59] Today's strong a.m. price action caught most of us off-guard. [14:00] Niha it was SNEAKY up move since 8:30 Report with no pullbacks to enter [14:00] I got no good long signals and sat and watch it go up and up and up. [14:00] szu...yep...exactly. [14:01] 0,3 Long ES @ 1185.25 -> Add [14:01] It's also these types of trends (that occur a few times per month) where a lot of traders loose a lot of money trying to short or freeze like I did and not profit a lot from it. [14:02] YES. A lot of traders end up chasing, getting in at extremes and then emotions take over and market takes most money back. [14:03] 0,2 Covered all YM Short @ 10458 --> 0 [14:05] 0,2 Covered all YM Short @ 10466 --> + 1 [14:13] I got a secondary method Long signal...hopefully it doesn't move up too strong and pick off my trailing stop. [14:13] secondary= candlestick stuff? [14:13] Yes [14:16] 0,2 Exited 1/3 ES Long @ 1187.50 --> + 2.25 [14:18] good one emini [14:19] thx [14:29] 0,2 Covered Remainder NQ Short @ 1515.50 --> + 1 [14:30] Kepted trying to get 1515.00 but couldn't...had to dump it in pieces at 1515.50 :( [14:31] I'm done for the day...gotta go and do some personal stuff (already behind schedule). [14:31] * NihabaAshi is now known as NihabaAshi_away [14:31] see you [14:42] * lesAway is now known as les [14:44] 0,3 Long YM @ 10479 [14:44] 0,6 exit stop set YM @ 10465 [14:46] 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. [14:51] should be some stops above HOD if it can get there [14:52] 0,2 Exited 1/3 ES Long @ 1188.50 --> + 2 [14:53] 0,2 Exited 1/2 YM Long @ 10485 --> + 6 [14:56] 0,6 exit stop raised YM @ 10466 [14:57] 0,3 Long YM @ 10491 [14:57] 0,6 exit stop raised YM @ 10479 [14:58] is it just me or is it runnuning out of steam [14:59] well im definetly not shorting it [14:59] cant even get frikin 10 points on Shorts [14:59] :) [15:00] djia seems to have some steam [15:00] 0,2 Exited all YM Long @ 10479 --> - 12 [15:00] 0,2 Trailing Stop Hit YM @ 10479 --> 0 [15:00] frikin chased it [15:01] 0,4 Shorts YM @ 10480 [15:01] lets try Short then [15:02] 3 Pm.. maybe Bond boys take it down and close gap :)) [15:08] 0,4 Shorts ES @ 1188 4,0 ŤŤ testing ťť [15:09] oops, was real against my better judgement [15:12] any Shorts are risky here [15:20] 0,6 exit stop set YM @ 10490 [15:25] 0,2 Covered all YM Short @ 10489 --> - 9 [15:25] 0,3 Long YM @ 10488 [15:26] 0,2 Covered all ES Short @ 1188.5 --> - 0.5 4,0 ŤŤ Scalp ťť [15:26] geez just keeps going up S L O W L Y [15:26] * WannaBeATrader is now known as WBAT-break [15:29] 0,4 Shorts ER2 @ 608.1 4,0 ŤŤ paper ťť [15:29] 0,2 Exited all YM Long @ 10477 --> - 11 [15:29] 0,4 Shorts YM @ 10475 [15:29] 0,2 Covered 1/3 Short ER2 at 607.6 --> + 0.5 4,0 ŤŤ paper ťť [15:30] 0,2 Covered 1/3 Short ER2 at 607.2 --> + 0.9 4,0 ŤŤ paper ťť [15:35] 0,2 Covered remainder Short ER2 at 606.9 --> + 1.2 4,0 ŤŤ paper ťť [15:35] mice les [15:35] thx [15:35] mice? [15:35] :) [15:36] bin trading like an idiot all day [15:36] thats first decent one [15:37] so now i'll quite while i'm ahead [15:37] cu all tomorrow [15:37] bye [15:38] cya les [15:38] tried to sell at 10476 but no fill [15:39] yeah that usually means we going down [15:39] yup :) [15:39] they dont want too many for the ride [15:40] 0,2 Exited Remainder ES Long @ 1186.50 --> 0 [15:41] 0,2 Covered all YM Short @ 10477 --> - 2 [15:42] 0,3 Long YM @ 10477 [15:43] 0,4 Shorts YM @ 10478 [15:43] 0,6 exit stop set YM @ 10491 [15:44] i got screwed in that consolidation again [15:45] 0,2 Covered 1/2 YM Short @ 10473 --> + 5 [15:48] 0,2 Exited all YM Long @ 10467 --> - 10 [15:48] :(( [15:48] getting screwed here [15:48] 0,6 exit stop lowered YM @ 10478 [15:56] 0,2 Covered Remainder YM Short @ 10470 --> + 8 [15:57] c u guys tomorrow [15:58] 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. [16:32] * WBAT-break is now known as WannaBeATrader [17:10] 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. [17:24] Good night all...see all tomorrow. [17:24] * Disconnected Session Close: Wed May 18 17:24:42 2005