Session Start: Wed Jun 22 09:25:19 2005
Session Ident: #FuturesTrades
[09:25] * Now talking in #FuturesTrades
[09:25] <X> [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] <X> 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] <FFT> Strong open, wow. We are so due for a nice trend day, mebbe we'll get one today.
[09:32] <FFT> Hard to believe it's up tyho - in the face of rising fed rates.
[09:33] <diego> gm all
[09:33] <FFT> 0,3 Long ES @ 1224 
[09:33] <codehead> naz breakout
[09:34] <PapaJon> gm all
[09:35] <FFT> 0,2 Exited all ES Long @ 1224.25 --> + 0.25 
[09:37] <FFT> 0,4 Shorts ES @ 1224 
[09:39] <FFT> 0,2 Covered all ES Short @ 1223.75 --> + 0.25 
[09:40] <FFT> Dang
[09:42] <FFT> Great, now my charts froze.  BRB
[09:45] <swingmstr> 0,3 Long YM @ 656 4,0 «« paper »» 
[09:46] <mispe> 0,3 Long YM @ 10655 
[09:47] <szubaark> 0,4 Shorts YM @ 10653 
[09:48] <swingmstr> 0,2 Exited all YM Long @ 650 --> - 6 4,0 «« paper »» 
[09:48] <mispe> 0,2 Exited all YM Long @ 10650 --> - 5 
[09:49] <FFT> 0,3 Long ES @ 1222.25 
[09:49] <FFT> 0,2 Exited all ES Long @ 1222 --> - 0.25 
[09:50] <FFT> 0,3 Long ES @ 1222.25 
[09:50] <NihabaAshi> 0,4 Shorts ER2 @ 646.10 -> small size 
[09:55] <TLTrader> 0,3 Long YM @ 10654 
[09:56] <TLTrader> 0,6 exit stop set YM @ 10645 
[09:59] <diego> .
[10:00] <NihabaAshi> 0,6 exit stop moved to breakeven ER2 @ 646.10 
[10:00] <TLTrader> 0,2 Trailing Stop Hit YM @ 10645 --> - 9 
[10:00] <szubaark> 0,2 Covered 1/2 YM Short @ 10643 --> + 10 
[10:00] <NihabaAshi> 0,2 Covered 1/3 ER2 Short @ 645.00 --> + 1.1 
[10:01] <NihabaAshi> ER2 getting jumpy as the 1030am EIA report nears
[10:03] <szubaark> YM,ES,NQ better followthru so far
[10:04] <NihabaAshi> Yep...although ER2, ES and YM reached a pt1 about the same time...
[10:05] <NihabaAshi> Maybe I'll get lucky and catch a pt2 or pt3.
[10:10] <NihabaAshi> :(
[10:10] <NihabaAshi> 0,2 Trailing Stop Hit ER2 @ 646.10 --> 0 
[10:10] <NihabaAshi> Wasn't meant to be for those remainders :(
[10:12] <szubaark> We pausing here before Report
[10:17] <szubaark> would like to get more breathing room before report, they 10+ Points near my Stop
[10:21] <szubaark> 0,2 Covered all YM Short @ 19653 --> - 9000 
[10:21] <szubaark> :(
[10:21] <szubaark> 0,2 Covered all YM Short @ 10653 --> 0 
[10:22] <FFT> 0,2 Exited all ES Long @ 1222.25 --> 0 
[10:22] <FFT> Had an add down at 21 but I was too embarrased toi post it.
[10:24] <FFT> Given the RTH and all sess ranges, we're pretty likely to have at least a new HOD or LOD yet to come.
[10:25] <FFT> Which one is harder to say :)
[10:29] <FFT> AD line is positive by over 50%, but TRIN keeps climbing.  A day of disharmony=more range :(
[10:30] <FFT> Oil report?
[10:31] <danshirley> U.S. CRUDE STKS DOWN 1.6 MLN BRLS LAST WK: ENERGY DEPT
[10:32] <FFT> Thanks DS
[10:32] <FFT> Bad news means we climb ;)
[10:33] <danshirley> U.S. DISTILLATE STKS UP 1.3 MLN BRLS LAST WK: ENERGY DE
[10:33] <danshirley> U.S. GASOLINE STKS UP 200,000 BRLS LAST WK: ENERGY DEPT
[10:33] <NihabaAshi> Market still trying to digest this.
[10:35] <FFT> SMH new HOD
[10:36] <FFT> Hmm, that sounds like more good news than bad
[10:36] <FFT> BUt I'm no expert on that kinda stuff.
[10:37] <FFT> I tried to check on the price of oil at Walmart, but they don't even have barrels of it.  ;)
[10:38] <TLTrader> :)
[10:38] <PapaJon> FFT.. go to Oils-R-Us
[10:39] <PapaJon> they have plenty
[10:39] <FFT> :)
[10:40] <NihabaAshi> No rection to the news is bullish right :)
[10:40] <FFT> I got a strong urge to short, so we're prolly going to a new HOD ;)
[10:41] <FFT> TICK does appear to be breaking down, but it loves to lie this time of day.
[10:42] <TLTrader> 0,3 Long YM @ 10655 
[10:42] <FFT> Yep, it was lying.
[10:43] <FFT> 0,3 Long ES @ 1221.75 4,0 «« paper »» 
[10:43] <NihabaAshi> 0,3 Long ER2 @ 644.90 -> small size 
[10:44] <X> 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.
[10:44] <FFT> 0,3 Long ES @ 1121 -> Add 4,0 «« paper »» 
[10:44] <szubaark> 0,4 Shorts YM @ 10649 
[10:45] <pdays>  1121? ..FFT
[10:45] <NihabaAshi> 0,2 Exited ER2 Long @ 644.00 --> - 0.9 
[10:45] <NihabaAshi> 0,4 Reverse and Enter Short ER2 @ 644.00 
[10:45] <NihabaAshi> Switch into a Large position.
[10:46] <FFT> My breadths are still showing strength, but ES sure wants to tank.
[10:48] <FFT> 0,2 Exited all ES Long @ 1220 --> + 97.25 4,0 «« paper »» 
[10:48] <FFT> Ouch
[10:48] <FFT> Should be -2.75
[10:48] <TLTrader> 0,2 Exited all YM Long @ 10643 --> - 12 
[10:49] <szubaark> 0,2 Covered 1/2 YM Short @ 10640 --> + 9 
[10:49] <szubaark> Nive Reverse Niha.
[10:49] <TLTrader> 0,4 Shorts YM @ 10639 
[10:50] <szubaark> TLT cant beat them, join them  :)
[10:50] <TLTrader> :)
[10:50] <NihabaAshi> :(
[10:50] <NihabaAshi> It's not falling like it should be...
[10:50] <FFT> 0,3 Long ES @ 1219 
[10:50] <NihabaAshi> 0,6 exit stop moved to breakeven ER2 @ 644.00 
[10:53] <TLTrader> 1st PT YM 10611 +/-
[10:57] <FFT> 0,2 Exited all ES Long @ 1218 --> - 1 
[10:58] <NihabaAshi> My pt1 was too shallow...reason why I'm holding out for a pt2
[10:58] <NihabaAshi> Just got it :)
[10:58] <NihabaAshi> 0,2 Covered 1/3 ER2 Short @ 642.80 --> + 1.2 
[10:58] <NihabaAshi> Changing my chart interval to a higher chart interval to manage my remainders because I think I caught a big mover.
[10:59] <szubaark> based on daily chart u think this might be the reversal down?
[11:00] <NihabaAshi> 0,6 exit stop lowered ER2 @ 643.90 
[11:04] <mispe> 0,3 Long YM @ 10627 
[11:06] <mispe> 0,2 Exited all YM Long @ 10622 --> - 5 
[11:06] <TLTrader> 0,2 Covered 1/2 YM Short @ 10615 --> + 24 
[11:06] <NihabaAshi> 0,2 Covered 1/3 ER2 Short @ 642.00 --> + 2 
[11:06] <TLTrader> 0,6 exit stop set YM @ 10633 
[11:07] <TLTrader> 0,6 exit stop lowered YM @ 10628 
[11:08] <NihabaAshi> szubaark...via daily chart analysis...I'm neutral but can change to a Bearish bias if market closes today around current levels.
[11:08] <FFT> I covered a short at 16.5, so we're going at least a tick lower
[11:08] <NihabaAshi> Weekly chart I'm almost bearish but won't have bias until end of week (Friday close).
[11:09] <FFT> This still isn't the big trend day I've been waiting for.  FWIW.
[11:11] <FFT> But we couldn't quite test 16.25 (yesterday's LOD) - so that's a bit of a bullish sign.
[11:12] <mispe> 0,3 Long YM @ 10624 
[11:15] <szubaark> 0,2 Covered all YM Short @ 10624 --> + 25 
[11:15] <szubaark> My Quotes went Down!  :((
[11:15] <TLTrader> my DSL keeps cutting out
[11:26] <TLTrader> 0,2 Trailing Stop Hit YM @ 10628 --> + 11 
[11:27] <mispe> 0,2 Exited 1/2 YM Long @ 10633 --> + 9 
[11:32] <mispe> 0,2 Exited all YM Long @ 10627 --> + 3 
[11:38] <NihabaAshi> Looks like the market doesn't want me to get a pt3...its trying to take out my remainders :(
[11:40] <mispe> Mr Market is not very nice !
[11:41] <NihabaAshi> 0,2 Covered Remainder ER2 Short @ 643.60 --> + 0.4 
[11:41] <NihabaAshi> Going to lunch and didn't like the current price action for my remainders.
[11:48] <codehead> oil -1 after being up +.3
[11:49] <FFT> 0,3 Long ES @ 1218.25 
[11:50] <mispe> 0,4 Shorts ER2 @ 643.1 
[11:50] <mispe> 0,2 Covered 1/2 ER2 Short @ 642.8 --> + 0.3 
[11:53] <mispe> 0,2 Covered Remainder ER2 Short @ 62.8 --> + 580.3 
[11:53] <mispe> sorry 642.8 +0.3
[11:56] <X> 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.
[12:02] <FFT> 0,2 Exited all ES Long @ 1218 --> - 0.25 
[12:02] <FFT> Late post
[12:03] <TLTrader> 0,4 Shorts YM @ 10626 
[12:11] <TLTrader> 0,6 exit stop set YM @ 10636 
[12:14] <TLTrader> 0,2 Trailing Stop Hit YM @ 10636 --> - 10 
[12:42] <TLTrader> 0,3 Long YM @ 10630 
[12:55] <TLTrader> 0,2 Exited 1/2 YM Long @ 10637 --> + 7 
[12:55] <TLTrader> 0,6 exit stop set YM @ 10631 
[13:00] <TLTrader> 0,6 exit stop raised YM @ 10634 
[13:01] <TLTrader> 0,2 Exited Remainder YM Long @ 10644 --> + 14 
[13:05] <X> 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.
[13:28] <TLTrader> based on higher highs/lows on 5 min looking to get long a dip, YM 10634 area depending on how it acts if/when it gets there
[13:33] <codehead> oil -1.15
[13:42] <szubaark> TLT problem is every Joe sees the higher highs/lows. so could get choppy here
[13:43] <TLTrader> true
[13:46] <TLTrader> 0,3 Long YM @ 10633 
[13:49] <szubaark> TLT I might Long it lower.. 
[13:50] <TLTrader> u may get the chance :(
[13:50] <szubaark> BUT these afternoon setups i just DONT trust with no volume. You trading with floor monkeys.
[14:00] <TLTrader> 0,2 Exited all YM Long @ 10624 --> - 9 
[14:00] <szubaark> told ya these guys are no fun  :)
[14:06] <danshirley> YM daily now has a bearish engolfing candlestick
[14:17] <TLTrader> 0,4 Shorts YM @ 10615 
[14:17] <X> 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.
[14:17] <FFT> Well, I'm done.  Cya all tomorrow
[14:26] <szubaark> 0,4 Shorts YM @ 10621 
[14:27] <szubaark> Im with u TLT
[14:31] <TLTrader> not likeing the action
[14:32] <szubaark> could go either way here...
[14:33] <szubaark> 0,2 Covered 1/2 YM Short @ 10614 --> + 7 
[14:33] <szubaark> ok good.. at least giving me +7
[14:34] <TLTrader> 0,2 Covered 1/2 YM Short @ 10614 --> + 1 
[14:34] <szubaark> They going up a small uptrendline since the bottom, so if bounce here we are TOAST
[14:35] <TLTrader> 0,6 exit stop set YM @ 10627 
[14:39] <szubaark> 0,6 exit stop moved to breakeven YM @ 10621 
[14:43] <szubaark> another nail biter
[14:43] <szubaark> 0,2 Covered all YM Short @ 10620 --> + 1 
[14:43] <szubaark> :((
[14:47] * lesAway is now known as les
[14:51] <TLTrader> if we make new LOD PT will be 10580-10589
[14:54] <TLTrader> 0,2 Covered Remainder YM Short @ 10618 --> - 3 
[15:05] <szubaark> well at least we got followthru
[15:14] <TLTrader> 0,4 Shorts YM @ 10627 
[15:18] <TLTrader> 0,2 Covered 1/2 YM Short @ 10626 --> + 1 
[15:20] <TLTrader> 0,2 Covered Remainder YM Short @ 10631 --> - 4 
[15:25] <Awash_afk> .
[15:29] <X> 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.
[15:29] <szubaark> TLT that uptrendline is holding
[15:30] <TLTrader> tried to sell at 630 and missed it
[15:32] <szubaark> well i hesitated bevcause its end of day and they close to my moving average=CHOP
[15:32] <szubaark> Im profitible today. U had a nice day yersturday so i had to catch up  :)
[15:34] <TLTrader> yesterday was descent today I'm -16 so far
[15:40] <TLTrader> 0,4 Shorts YM @ 10620 
[15:46] <TLTrader> 0,2 Covered all YM Short @ 10619 --> + 1 
[15:47] <TLTrader> i can't win for lose'n
[15:48] <szubaark> good job keeping loses small
[15:48] <TLTrader> I could have done a little better but it's been worse in the past so I should probably be glad
[15:49] <NihabaAshi> ER2 wantes up regardless to what the others are doing :)
[15:51] <szubaark> yup.problem is NQ sideways
[15:52] <NihabaAshi> Take care all...see all tomorrow. 
[15:52] <TLTrader> cya
[15:52] <NihabaAshi> This late afternoon rally kepted me from going into tomorrow trading with a bearish bias. 
[15:53] <NihabaAshi> I'm now back to neutral :(
[15:53] * Disconnected
Session Close: Wed Jun 22 15:53:18 2005