Session Start: Mon Jun 13 09:27:29 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 [09:31] gm all [09:32] Howdy PJ [09:32] Good weekend fft? [09:34] 0,4 Shorts ES @ 1202.75 [09:34] Not bad :) [09:34] :) [09:40] 0,2 Covered all ES Short @ 1201.25 --> + 1.5 [09:40] 0,4 Shorts YM @ 10515 [09:47] 0,4 Shorts ES @ 1200.5 -> large size [09:47] Whoops, tiny size [09:51] 0,3 Long YM @ YM 4,0 ŤŤ paper ťť [09:52] 0,3 Long YM @ 10517 4,0 ŤŤ paper ťť [09:54] 0,2 Covered all YM Short @ 10524 --> - 9 [09:54] 0,2 Exited 1/2 YM Long @ 10523 --> + 6 4,0 ŤŤ paper ťť [09:54] 0,6 exit stop moved to breakeven YM @ 10517 4,0 ŤŤ paper ťť [09:55] 0,4 Shorts YM @ 10523 [09:56] 0,2 Covered all YM Short @ 10519 --> + 4 [09:58] 0,2 Exited Remainder YM Long @ 10419 --> - 98 4,0 ŤŤ paper ťť [09:58] 0,2 Exited Remainder YM Long @ 10519 --> + 2 4,0 ŤŤ paper ťť [09:58] 0,2 Covered ES Short @ 1201.5 --> - 1 [09:58] 0,3 Reverse and Enter Long ES @ 1201.5 [10:00] 0,4 Shorts YM @ 10520 [10:02] 0,2 Covered all YM Short @ 10520 --> 0 [10:04] 0,4 Shorts YM @ 10518 4,0 ŤŤ paper ťť [10:06] 0,2 Covered 1/2 YM Short @ 10512 --> + 6 4,0 ŤŤ paper ťť [10:06] 0,6 exit stop moved to breakeven YM @ 10518 4,0 ŤŤ paper ťť [10:10] 0,3 Long YM @ 10514 [10:10] 0,3 Long YM @ 10514 4,0 ŤŤ paper ťť [10:14] 0,6 exit stop raised YM @ 10519 4,0 ŤŤ paper ťť [10:15] * fasttalk 4Support/12Resistance ER2 @ 4 SPT: 26.4 spt: 26.6 12 res: 27.0 RES: 27.2 [10:16] 0,2 Exited all YM Long @ 10520 --> + 6 [10:17] 0,4 Shorts YM @ 10520 [10:17] 0,2 Trailing Stop Hit YM @ 10519 --> - 1 4,0 ŤŤ paper ťť [10:19] 0,6 buy limit to cover YM short @ 10525 [10:27] 0,4 Shorts YM @ 10519 4,0 ŤŤ paper ťť [10:28] Geez, bust a move already [10:29] 0,2 Covered all YM Short @ 10520 --> 0 [10:30] Warning...no key econ reports today to stir up the hornet nest and no key price action in the foreign markets overnight and the U.S. Dollar is big news... [10:30] Simply, be careful about overtrading today...not much out there unless your trading in a market that has a direct relationship to the dollar. [10:30] 0,2 Exited 1/2 ES Long @ 1203.25 --> + 1.75 [10:31] 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. [10:31] 0,3 Long ER2 @ 629.00 -> small size [10:31] Intuition trade only...not a trade signal. [10:32] * LC is now known as les [10:32] Dollar index is up but did it break resistance ? [10:32] 0,2 Exited 1/3 ER2 Long @ 629.50 --> + 0.5 [10:33] 0,6 exit stop moved to breakeven ER2 @ 629.00 [10:34] 0,2 Exited all YM Long @ 10537 --> + 23 4,0 ŤŤ paper ťť [10:34] Stop in place...be right back...small emergency (interruption)... [10:34] * NihabaAshi is now known as NihabaAshi_away [10:35] 0,2 Exited Remainder ES Long @ 1204.75 --> + 3.25 [10:37] I orig had a gap close exit on that, but this was so strong I kept moving it up a tick at a time :) [10:38] 0,3 Buys ER2 @ 631.2 4,0 ŤŤ paper ťť [10:39] 0,4 Shorts YM @ 10550 -> Add 4,0 ŤŤ paper ťť [10:41] 0,4 Shorts YM @ 10553 [10:42] 0,6 buy limit to cover YM short @ 10557 [10:43] 0,2 Covered all YM Short @ 10557 --> - 4 [10:45] 0,2 Exited 1/3 Long ER2 at 631.6 --> + 0.4 4,0 ŤŤ paper ťť [10:45] Gotta be a top someplace, come on already [10:45] 0,2 Exited 1/3 Long ER2 at 632.1 --> + 0.9 4,0 ŤŤ paper ťť [10:46] * NihabaAshi_away is now known as NihabaAshi [10:46] 0,4 Shorts YM @ 10574 [10:46] 0,2 Exited 1/3 ER2 Long @ 632.10 --> + 3.1 [10:46] 0,6 exit stop raised ER2 @ 629.10 [10:47] I don't catch many "intution" trades as movers... [10:47] When I do...I manage them the same way as if they were a trade signal. [10:50] 0,2 Covered all YM Short @ 10584 --> - 10 [10:50] :(( [10:51] 0,4 Shorts ES @ 1208 [10:52] 0,4 Shorts YM @ 10580 [10:52] 0,4 Shorts YM @ 10579 -> Add 4,0 ŤŤ paper ťť [10:52] Welcome to the Dark Side. ;) [10:54] any reason for the run? [10:55] MJ Verdict rumor ;) [10:55] too many shorts, had to clean them out [10:55] Seriously though, could have been an oil report at 10:30 [10:56] still bullish [10:57] c'mon er3, move yer flaming arse [10:57] er2 even [10:57] 0,4 Shorts YM @ 10584 [10:58] If it's the typical top formation, they seem to take a while to develop for some reason. Mebbe because all the big money needs to exit their longs and get short. [10:59] gonna wait on a short still too bullish [10:59] 0,2 Covered all YM Short @ 10594 --> - 10 [11:00] Nuts. [11:00] [10:54] any reason for the run? [11:00] 0,2 Covered all YM Short @ 10591 --> - 11 [11:00] bulls are in control. tick high and trin low [11:00] I've been looking...can't find any so far. [11:01] I'm now checking the charts of other key markets to see if there's anything there. [11:01] 0,6 exit stop raised ER2 @ 631.5 4,0 ŤŤ paper ťť [11:03] Not sure if I've caught a runner (more upside). [11:03] Or a big ol U-turner [11:04] they smokin Shorts thats for sure [11:05] longest 60 min bar I sEEN in a long time [11:05] ESbreaks to a new high by one tick and YM, NQ and ER2 don't [11:06] cept er2 has broken it daily high [11:06] 0,3 Long YM @ 600 4,0 ŤŤ Scalp ťť [11:07] wow [11:07] 0,2 Exited YM Long @ 610 --> + 10 4,0 ŤŤ Scalp ťť [11:07] 0,3 Long YM @ 10610 [11:07] 0,2 Covered all ES Short @ 1211 --> - 3 [11:07] 0,2 Exited all YM Long @ 10624 --> + 14 [11:08] could have taken 20... oh well [11:08] 0,6 exit stop raised ER2 @ 632.2 4,0 ŤŤ paper ťť [11:08] There must be some kinda news [11:08] FFT us retail wont know til after they done pushing it [11:08] watching bloomberg but haven't heard anything [11:08] yeah, true fft [11:09] there was a buglary just down the road here... [11:09] NO NEWS NOTHING JUST PEACE AND LOVE FOR EVERYBODY [11:09] an the next door' neighbour's kitten's gone missing [11:09] does that count? [11:09] i meants is news, right? [11:10] crazy as the mkt is, it wouldn't surprise me.. lol [11:10] hehe [11:10] more news orientated than I have ever seen it [11:12] FFT...I wouldn't be surprise it was "someone's comments" that got way too much coverage by the markets. [11:13] Remember when Dorfman would do those reports on CNBC and send some stock flying? Man, that was nuts. [11:13] dow hit highest since march [11:14] lets see if it gets nailed now [11:14] 0,2 Exited remainder Long ER2 at 632.6 --> + 1.4 4,0 ŤŤ paper ťť [11:14] 0,4 Shorts ES @ 1211.25 [11:14] 0,4 Shorts YM @ 106204,0 ŤŤ paper ťť [11:15] 0,6 Exit stop set YM @ 106294,0 ŤŤ paper ťť [11:15] Dow at its monthly high ! [11:15] 0,6 Exit stop set YM @ 106254,0 ŤŤ paper ťť [11:15] She closed the gap with a vengence :) [11:15] highest since march [11:15] 0,6 Exit stop set YM @ 106234,0 ŤŤ paper ťť [11:16] 0,4 Shorts YM @ 10620 [11:17] Too bad the currency rate exchange between the U.S. Dollar and the Canadian Dollar isn't exploiting the surging dollar :( [11:17] surging U.S. Dollar. [11:17] Week is still young :) [11:18] the rise of the dollar is mainly a weakness of the euro ?? [11:18] 0,6 Exit stop set YM @ 106214,0 ŤŤ paper ťť [11:19] 0,6 Exit stop set YM @ 106234,0 ŤŤ paper ťť [11:19] that was too too tight [11:20] 0,2 Covered YM Short @ 10613 --> + 74,0 ŤŤ paper ťť [11:21] 0,2 Covered 1/2 YM Short @ 10616 --> + 4 [11:21] 0,4 Shorts YM @ 106164,0 ŤŤ paper ťť [11:21] 0,6 Exit stop set YM @ 106214,0 ŤŤ paper ťť [11:23] 0,2 Covered YM Short @ 10615 --> + 14,0 ŤŤ paper ťť [11:23] too much energy to watch a paper trade--going back to stocks [11:25] i did a couple real scalp trades, 1 lost 3, two gained 4 and 3, had to reboot so couple post but they weren't much to talk abotu anyway [11:25] after a 100+ move [11:25] 0,2 Covered Remainder YM Short @ 10616 --> + 4 [11:29] Info on briefing... [11:29] Without any specific news catalyst accounting for the rapid upswing in the stock market, it can be speculated that an asset allocation trade out of bonds and into stocks may be playing a factor... [11:29] Wow, some big trades at the bid up at 11 even [11:31] Nihaba, weren't you the one who said Monday on option week has the best volatility? [11:36] 0,4 Shorts YM @ 106194,0 ŤŤ paper ťť [11:36] 0,4 Shorts YM @ 106194,0 ŤŤ paper ťť [11:36] Yer stuttering, Codehead :) [11:36] 0,6 Exit stop set YM @ 106244,0 ŤŤ paper ťť [11:36] 0,6 Exit stop set YM @ 106244,0 ŤŤ paper ťť [11:37] lol [11:37] ER weakening [11:37] Ym still strong [11:37] Option week, mebbe we can get a U day out of this [11:39] 0,2 Covered YM Short @ 10617 --> + 24,0 ŤŤ paper ťť [11:39] 0,2 Covered YM Short @ 10617 --> + 24,0 ŤŤ paper ťť [11:40] may be gettign fooled by the bids tho [11:40] My breadths have been breaking down since the high [11:42] signals look like pb, but huge line of bids showing on YM [11:42] Fakers :) When are they supposed to implement that cancel thing? I wonder if that will help. [11:42] yeah really [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. [11:43] i know i shouldn't let them influence me, but russell looking like it might bounce too [11:43] tick really dropped [11:43] instead it rolled over a bit [11:45] I'd like to see us get more than 3 points away from the high before I feel comfortable with the U Day pattern. [11:50] good support up here so far [11:51] time for the 12 pop [11:55] You mean "The Noon Swoon"? ;) [11:56] yep,,haha [11:59] well I'm gonna get some lunch and take a break, I'll check back in later, Good trading everyone.. [12:01] Woah, Pink Floyd is getting together for a show. [12:02] ah!! that explains the big rise today [12:03] Yep :) [12:09] Another "Brick in the Wall of Worry" .... :) [12:10] Come on n bust 9.5 [12:10] it'll be funy of this turns into a U day [12:10] Why would it be funny? [12:11] yes funny...all the hypsters are talkin up the rally [12:11] Really? Man, if I woulda known that I would be short huge size ;) [12:15] Short YM @ 10600.00 small size [12:16] I normally don't do this but want to try it more often...have an open Short and Long position at the same time via different trading instruments. [12:17] 0,2 Exited Remainder ER2 Long @ 630.40 --> + 1.4 [12:18] 0,3 Buys ER2 @ 630.7 4,0 ŤŤ paper ťť [12:18] Exit all YM @ 10597 +3.00 [12:20] That remainder contract in ER2 was mismanaged...I got a bearish signal around the 633.00 area and failed to cover (got too wishy it will move back up and reach 635 price area). [12:22] Uh oh, the bulls in #emini are starting to give up hope. Might be near the bottom :( [12:23] 0,2 Exited 2/3 Long ER2 at 631 --> + 0.3 4,0 ŤŤ paper ťť [12:24] 0,2 Exited remainder Long ER2 at 631.1 --> + 0.4 4,0 ŤŤ paper ťť [12:28] 0,4 Shorts ER2 @ 631.1 4,0 ŤŤ paper ťť [12:29] 0,2 Covered all Short ER2 at 631.4 --> - 0.3 4,0 ŤŤ paper ťť [12:31] * les is now known as LesAway [12:35] 0,4 Shorts YM @ 10601 [12:40] 0,2 Covered 1/2 YM Short @ 10595 --> + 6 [12:41] 0,6 buy limit to cover YM short @ 10601 [12:44] 0,2 Covered all YM Short @ 10601 --> 0 [13:07] * Disconnected [13:09] * Attempting to rejoin channel #FuturesTrades [13:09] * Rejoined channel #FuturesTrades [13:09] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [13:28] 0,4 Shorts ER2 @ 631.9 4,0 ŤŤ paper ťť [13:28] * LC is now known as les [13:31] Guys & gals...enjoy the rest of the day..."salt mine time" here. [13:33] 0,2 Covered all Short ER2 at 632.2 --> - 0.3 4,0 ŤŤ paper ťť [13:33] * les is now known as lesAwy [13:36] 0,4 Shorts ES @ 1209.25 -> large size [13:48] Taking too long :( [13:52] 0,2 Covered 1/2 ES Short @ 1208.25 --> + 1 [13:53] 0,6 exit stop moved to breakeven ES @ 1209.25 [13:56] 0,2 Covered ES Short @ 1207.50 --> + 1.75 [13:56] Holding 2 contracts at breakeven. [14:03] 0,2 Trailing Stop Hit ES @ 1209.25 --> 0 [14:03] Ooops... [14:03] I'm lowering my stop and hit the wrong menu. [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. [14:04] 0,6 exit stop lowered ES @ 1209.00 [14:07] Geesh :( [14:07] 0,2 Trailing Stop Hit ES @ 1209.00 --> + 0.25 [14:08] I'm done for the day. [14:08] * lesAwy is now known as les [14:08] * NihabaAshi is now known as NihabaAshi_away [14:12] Nice trading Niha. [14:14] 0,4 Shorts ER2 @ 630.4 4,0 ŤŤ paper ťť [14:14] 0,2 Covered 2/3 Short ER2 at 630.1 --> + 0.3 4,0 ŤŤ paper ťť [14:15] 0,2 Covered remainder Short ER2 at 629.4 --> + 1 4,0 ŤŤ paper ťť [14:21] 0,4 Shorts YM @ 10572 [14:30] 0,6 exit stop set YM @ 10586 [14:30] 0,2 Covered 1/2 YM Short @ 10560 --> + 12 [14:32] 0,6 exit stop lowered YM @ 10573 [14:35] [12:10] it'll be funy of this turns into a U day [14:36] 0,2 Trailing Stop Hit YM @ 10573 --> - 1 [14:44] . [14:44] * Awash is now known as Awash_afk [14:54] 0,4 Shorts ER2 @ 630.1 4,0 ŤŤ paper ťť [14:55] 0,2 Covered 2/3 Short ER2 at 629.8 --> + 0.3 4,0 ŤŤ paper ťť [14:57] 0,2 Exited all ES Long @ 1208.5 --> - 1.5 [14:57] Late post [14:58] 0,2 Covered remainder Short ER2 at 630.1 --> 0 4,0 ŤŤ paper ťť [15:00] I give up. :P C ya all tomorrow. [15:00] me too [15:20] * Disconnected [15:21] * Attempting to rejoin channel #FuturesTrades [15:21] * Rejoined channel #FuturesTrades [15:21] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [15:25] . [15:40] jacko verdict [15:41] what is it? [15:42] read in one hour [15:42] verdict is in, but not out [15:47] 1:30 i think, pacific [16:40] * Disconnected [16:41] * Attempting to rejoin channel #FuturesTrades [16:42] * Rejoined channel #FuturesTrades [16:42] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [17:08] Take care all...see all tomorrow. [17:08] * Disconnected Session Close: Mon Jun 13 17:08:30 2005