Session Start: Tue Jun 28 09:26:59 2005 Session Ident: #FuturesTrades [09:26] * Now talking in #FuturesTrades [09:26] [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 [09:31] Howdy PJ [09:31] :) [09:32] ConCon @ 10 [09:32] Strong opening [09:34] 0,4 Shorts ES @ 1199 [09:35] 0,2 Covered all ES Short @ 1199 --> 0 [09:38] 0,4 Shorts YM @ 10346 4,0 ŤŤ paper ťť [09:38] gm all [09:39] So far...market looks like its waiting for the 10am est key econ report release. [09:41] Amrket expecting 104 concon [09:42] 0,2 Covered all YM Short @ 10555 --> - 209 4,0 ŤŤ paper ťť [09:42] 0,3 Long ES @ 1199.75 -> small size [09:42] 0,2 Covered all YM Short @ 10355 --> - 9 4,0 ŤŤ paper ťť [09:44] 0,4 Shorts ES @ 1200.25 [09:45] 0,6 exit stop moved to breakeven ES @ 1199.75 [09:47] 0,2 Covered all ES Short @ 1201 --> - 0.75 [09:48] 0,2 Exited 1/3 ES Long @ 1201.25 --> + 1.5 [09:49] 0,6 exit stop raised ES @ 1200.00 [09:49] Although I'm Long...I still have a Bearish bias base on what I see on the daily and weekly charts. [09:51] Will be very interesting to see what the market does between 0955am - 1005am est via the 10am key report reaction. [09:51] 0,4 Shorts ES @ 1201.5 [09:52] Had Oil stayed above $60...we would be going down instead of up. [09:53] I think people are reading Snow's comments as a positive consumer report comming up [09:54] Looks like room is Bearish also, everyone going Short [09:54] 0,2 Covered all ES Short @ 1201.5 --> 0 [09:56] Yeah, that was the problem. Everybody shorting, but the market not ghoing down [09:59] Ok...Tresury Secretary Snow is off TV now...lets see what happens at 10am est. [10:00] U.S. JUNE CONSUMER CONFIDENCE 105.8 VS. 103.1 MAY [10:00] U.S. JUNE CONSUMER CONFIDENCE EXCEEDS 104.1 EXPECTATION [10:02] 0,3 Long ES @ 1202.25 [10:03] 0,2 Exited 1/3 ES Long @ 1202.50 --> + 2.75 [10:03] U.S. JUNE CONSUMER CONFIDENCE 105.8 VS. 103.1 MAY... [10:03] what are your data sources to be so fast ? [10:04] 0,4 Shorts YM @ 10380 [10:04] Agressive [10:06] 0,4 Shorts NQ @ 1514 [10:07] 0,4 Shorts YM @ 10379 4,0 ŤŤ paper ťť [10:07] No Reaction so far to reports [10:08] 0,2 Covered all YM Short @ 10382 --> - 2 [10:08] :(( [10:08] NOT Moving [10:09] Either the market priced it in due to anticipating Snow comments or there will be a late reaction as the market digest Snow comments and the 10am key econ report. [10:10] 0,3 Buys ER2 @ 637.9 4,0 ŤŤ paper ťť [10:10] 0,3 Long YM @ 10383 [10:10] lets go Long [10:11] 0,2 Exited 1/3 Long ER2 at 638.4 --> + 0.5 4,0 ŤŤ paper ťť [10:11] 0,2 Exited all ES Long @ 1203 --> + 0.75 [10:12] Looking for another long, come oni market [10:13] Keep holding here, geez [10:13] 0,2 Covered all YM Short @ 10383 --> - 4 4,0 ŤŤ paper ťť [10:14] 0,2 Exited all YM Long @ 10382 --> - 1 [10:14] NOT MOVING [10:16] 0,4 Shorts ES @ 1202.75 [10:17] 0,4 Shorts YM @ 10382 [10:17] 0,2 Exited ES Long @ 1202.25 --> + 2.5 [10:17] 0,4 Reverse and Enter Short ES @ 1202.25 [10:17] 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. [10:17] * Awash is now known as Awash_afk [10:17] . [10:18] Reversed my remaining contract. [10:20] They doing The creeper [10:22] 0,2 Covered all YM Short @ 10392 --> - 10 [10:22] Creeper is ON [10:23] 0,6 exit stop set ES @ 1204.50 [10:26] 0,4 Shorts YM @ 10388 [10:27] 0,4 Shorts YM @ 10383 4,0 ŤŤ paper ťť [10:28] So far another shitty opening like tersturday [10:29] If it wasn't for today's 10am econ report and/or Snow's comments leading into the report...would be a tough day for me like yesterday. [10:30] looks like no other econ data today until weekly t-bill auction at 1:00 [10:31] 0,2 Covered all YM Short @ 10393 --> - 10 4,0 ŤŤ paper ťť [10:33] 0,6 exit stop raised ER2 @ 638.1 4,0 ŤŤ paper ťť [10:35] 0,4 Shorts USDCHF @ 1.2800 -> Add [10:35] 0,4 Shorts ES @ 1203 -> Add [10:36] Senate just passed the Energy Bill. [10:37] 0,2 stop hit ER2 @ 638.1 --> + 0.2 4,0 ŤŤ paper ťť [10:38] 1st PT YM 10372 [10:39] moving :) [10:41] 0,2 Covered all YM Short @ 10387 --> + 1 [10:41] just keeps coming back [10:44] Yep. [10:53] i think that gap screwing evrything up [10:54] Fianlly, sheesh [10:54] 0,2 Covered 1/2 ES Short @ 1202.25 --> + 0.75 [10:54] 0,4 Shorts YM @ 10380 [10:56] Man trading this is almost as bad as having a real job :( [10:56] 0,2 Covered 1/2 YM Short @ 10376 --> + 4 [10:57] 0,2 Covered all ES Short @ 1201.75 --> + 0.5 [10:58] 0,4 Shorts YM @ 10377 4,0 ŤŤ paper ťť [10:58] Glad to dump that contract...completely lost my patience. [10:58] 0,2 Covered Remainder YM Short @ 10378 --> + 2 [10:58] 0,2 Covered Remainder ES Short @ 1202.25 --> + 0.5 [11:00] 0,3 Long ES @ 1202 4,0 ŤŤ paper ťť [11:01] 0,3 Long YM @ 10378 [11:02] Coming up to lunchtime we've had a huge, srpawling 5 point range on ES :( [11:04] These last two days have been a long month ;) [11:10] Wow, GOOG's over $300 [11:11] Time to Short Good? LOL [11:11] LOL, I thought it was time to short at $100 and $200 ;) [11:11] I'm just not an investor [11:13] 85 billion for an internet search engine. Wow. [11:15] is that what they call irrational exurburance? [11:16] The market is truely an amazing thing. [11:16] dotcom bubble #2 [11:16] now renamed.. [11:16] search.com [11:16] at a cinema near u soon [11:16] I read one theory that suggested you cannot tell when you are in a bubble - they are only apparent after they are over. [11:16] hmmm [11:16] maybe some cant.. [11:16] oil bubble ???? [11:16] 0,2 Covered all YM Short @ 10374 --> + 3 4,0 ŤŤ paper ťť [11:17] GOOG looks like a bubble to me. [11:17] but TA traders must be able to poick this up at some point [11:17] i dont think there's an oil bubble [11:17] those prices arnt driven by stock speculation [11:18] If oil is a buble, we might not know for sure till it's over. [11:18] who knows when the average production cost is below $10 for a lot of producers [11:19] oil stock prices are following the real price rises, so its not an artificial stock mkt bubble [11:19] which is bad nes for vehicle users [11:19] news [11:19] any vehicle owners in this chatroom? [11:20] [only asking] [11:20] There is no such thing as artificial price [11:20] Market is Market [11:20] i own 2 plus a motorcycle [11:21] mispe - there's the mkt of oil - the price of the commodity.. [11:22] and then there's the oil futres contract [11:22] the one should reflect the other [11:22] but i think in a price bubble that may not happen [11:23] ok but it's what it does... reflect the market [11:24] 0,2 Exited 1/3 ES Long @ 1202.75 --> + 0.75 4,0 ŤŤ paper ťť [11:24] ok, the fut contract will hopefully show up the stock mkt trading in oil stock [11:24] 0,3 Buys ER2 @ 638.6 4,0 ŤŤ paper ťť [11:24] 0,6 exit stop set ES @ 1202.25 4,0 ŤŤ paper ťť [11:24] 0,2 Exited 1/3 Long ER2 at 639.1 --> + 0.5 4,0 ŤŤ paper ťť [11:25] 0,2 Exited 1/3 ES Long @ 1203.5 --> + 1.5 4,0 ŤŤ paper ťť [11:25] 0,3 Long YM @ 10381 [11:25] 0,6 exit stop set ER2 @ 638.9 4,0 ŤŤ paper ťť [11:26] 0,2 Exited 1/3 Long ER2 at 639.8 --> + 1.2 4,0 ŤŤ paper ťť [11:26] 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. [11:30] 0,2 Trailing Stop Hit ES @ 1202.25 --> + 0.25 4,0 ŤŤ paper ťť [11:30] Whoopd, not yet [11:30] 0,2 Exited Remainder ES Long @ 1203.25 --> + 1.25 4,0 ŤŤ paper ťť [11:31] nice fft [11:31] Dang, there's the new HOD i wanted [11:31] more hod coming methinks [11:31] 0,2 Exited 1/2 YM Long @ 10384 --> + 6 [11:34] 0,4 Shorts ES @ 1204 [11:34] Thanks Les [11:35] still more hod t come [11:36] 0,2 Exited 1/2 YM Long @ 10390 --> + 9 [11:36] there we go :) [11:36] 0,6 exit stop raised ER2 @ 639.4 4,0 ŤŤ paper ťť [11:37] 0,6 exit stop set YM @ 10381 [11:38] hoping for er2 tgt of 641 [11:38] 0,6 exit stop lowered ER2 @ 639.3 4,0 ŤŤ paper ťť [11:42] 0,4 Shorts NQ @ 1203.75 [11:43] sorry it si ES [11:44] mispe - it seems to work anyway when i do that [11:44] even if u change the contract now [11:45] yes it's the price that has to be good [11:45] yep.. the script calc is blind to the rest of it [11:50] 0,2 Covered all USDCHF Short @ 1.2798 --> - 0.0004 [11:50] no movement at all [11:50] 0,2 Covered all ES Short @ 1203.25 --> + 0.5 [11:51] 0,6 exit stop raised ER2 @ 639.6 4,0 ŤŤ paper ťť [11:54] 0,2 Trailing Stop Hit YM @ 10381 --> 0 [11:55] a little late was in the kitchen [11:58] 0,2 Covered 1/2 ES Short @ 1203.5 --> + 0.5 [12:00] 0,2 Covered Remainder ES Short @ 1203.75 --> + 0.25 [12:06] 0,4 Shorts YM @ 10383 [12:07] breaktime for me now... [12:07] will post last contract exit later [12:08] * les is now known as lesAway [12:12] 0,2 Exited YM Long @ 10386 --> + 3 [12:12] 0,4 Reverse and Enter Short YM @ 10386 [12:12] thats not right [12:12] 0,2 Covered all YM Short @ 10386 --> 0 [12:12] ER2 doing the best today at "creeping" upwards. [12:13] thats not right either should be -3 [12:13] repost entry [12:13] 0,3 Long YM @ 10386 [12:16] 0,3 Long ES @ 1204.25 [12:17] thats not good [12:23] 0,2 Exited all YM Long @ 10387 --> + 1 [12:35] * lesAway is now known as les [12:35] 0,2 Exited remainder Long ER2 at 641 --> + 2.4 4,0 ŤŤ paper ťť [12:38] 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. [12:44] Lunch time...be back later but won't be trading...will sit on profits...no longer in the mood to trade. [12:44] * NihabaAshi is now known as NihabaAshi_away [12:45] 0,3 Long YM @ 10384 [12:49] TLT we need 91 to bust for our Longs [12:50] that would be good [12:51] 0,2 Exited all YM Long @ 10385 --> + 1 [12:52] if we break below 10379 i think it will follow through [12:53] yes, possibly close gap [12:53] Ill SHort Below 80 [13:00] yeah, i'm looking at 10379 too [13:01] dow flatlining here [13:02] YM trying highs again [13:30] * Disconnected [15:10] * Attempting to rejoin channel #FuturesTrades [15:10] * Rejoined channel #FuturesTrades [15:10] [NihabaAshi] Password, trade post script, trader profiles and trade journals are posted ONLY at the discussion forum at http://p207.ezboard.com/bthestrategylab [15:15] Daily chart analysis: Today's strength prevented the market from reaching a pt2 after it got a Short signal on June 22nd... [15:15] Yet it did reach a pt1. [15:16] Will monitor closely to see if this strength can continue and attempt to fill in the WRB gap from a few days ago. [15:16] 0,2 Exited 1/3 Long ER2 at 642.7 --> + 0.3 4,0 ŤŤ paper ťť [15:18] 0,2 Exited 1/3 Long ER2 at 642.7 --> + 0.3 4,0 ŤŤ paper ťť [15:20] 0,2 Exited remainder Long ER2 at 642.4 --> 0 4,0 ŤŤ paper ťť [15:20] and thats me done for today [15:20] 0,2 Exited Remainder YM Long @ 10420 --> + 7 [15:20] cu all tomorrow [15:20] * lesAway is now known as les [15:33] 0,2 Covered all YM Short @ 10428 --> - 10 [15:33] f:(( [16:02] ER2 very impressive today. [16:14] 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. [17:18] See all tomorrow and hopefully I'll have more mental energy to trade into the afternoon. [17:18] * Disconnected Session Close: Tue Jun 28 17:18:31 2005