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 Post subject: May 22nd Tuesday - Futures, ETFs and Forex Currencies
 Post Posted: Tue May 22, 2012 8:45 pm 
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Joined: Tue Dec 16, 2008 1:02 am
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Location: Canada
#FuturesTrades is free along with being a serious professional trading chat room and any trader can use the chat room to post their real-time trades, real-time price action analysis or market commentaries involving futures, exchange traded funds or forex currencies. Further, although our chat room is smaller than the other popular chat rooms...we are the most active chat room in posting trades, price action analysis or market commentaries involving futures, exchange traded funds or forex currencies in comparison to other free chat rooms.

#FuturesTrades is designed to be only a trade journal for documentation purposes only so that members can have a real time stamp archive of trades and market commentaries of each trading day and this gives them a better understanding of their broker statements from one trade to the next trade when they review their performance numbers on any given trading day. In addition, we welcome all traders with their own methods or different perspective of the price action and markets to help keep the chat room diversified...posting trades or market commentaries about the price action on their monitors.

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Attachment:
052212-Key-Price-Action-Markets.png
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click on the above image to view today's price action of key markets

Session Start: Tue May 22 08:37:26 2012
Session Ident: #FuturesTrades
[08:37:26] * Now talking in #FuturesTrades
[08:37:26] <@X> [NihabaAshi] chat room archives @ viewforum.php?f=20
[09:21:35] <Trendtrader> x4
[09:24:24] <werner> hi all
[09:25:04] <canaandog> gm
[09:33:21] <Tigerman> gm all
[09:35:36] <+Tigerman> Shorts IWM @ 76.39
[09:36:20] <+werner> Long Emini NQ @ 2549.00
[09:36:24] <+Tigerman> Covered all IWM Short @ 76.35 --> + 0.04
[09:37:36] <+werner> Exited all Emini NQ Long @ 2547.50 --> - 1.5
[09:40:37] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY) and Forex Currencies
[09:44:51] <@wrbtrader> Long Emini TF @ 763.20 -> medium size
[09:45:01] <@wrbtrader> 4 contracts
[09:45:08] <eldwin> NQ now long
[09:45:17] <+Trendtrader> Exited 3/4 Emini TF Long @ 764 --> + 0.4 «« simulator »»
[09:46:34] <@wrbtrader> Exited all Emini TF Long @ 763.50 --> + 0.3
[09:51:45] <+Trendtrader> Exited Remainder Emini TF Long @ 764.2 --> + 0.6 «« simulator »»
[09:52:38] <@wrbtrader> lots of pressure to the upside from Russells
[09:54:18] <+Tigerman> few minutes to news
[09:54:40] <+Tigerman> I expect a big impact considering that news today
[09:55:48] <@wrbtrader> Tigerman...you talking about teh OECD ?
[09:56:37] <+Tigerman> no rich index and home sales
[09:57:36] <Fleneer> 10:00 AM Econ numbers consumer confidence existing home sales and Richmond manufacturing index
[09:57:59] <@wrbtrader> Ok...you're talking about the PENDING news and not some news of the recent past
[09:58:19] <+Tigerman> yes right pending news
[09:58:44] <+Fleneer> step aside lest you get trampled by the elephant herd :o)
[09:59:07] <+Tigerman> wrbtrader when OECD was released? and what kind of dat is it?
[09:59:12] <@wrbtrader> Emini TF futures WRB Hidden GAP 0950am - 0952am est
[09:59:15] <+Fleneer> if you gambler take a position with a wide gain and tight stop and roll the bones.
[10:00:03] <+Tigerman> price just filled that WRB mentioned by wrbtrader
[10:00:16] <@wrbtrader> OECD cuts euro-zone forecasts, backs Eurobonds (MarketWatch) @ http://www.marketwatch.com/story/oecd-c ... 2012-05-22
[10:02:10] <@wrbtrader> Emini ES futures WRB Hidden GAP @ 0944am - 0946am est
[10:03:09] <@wrbtrader> Creeper Up Movement still active in Emini ES futures
[10:03:25] <@wrbtrader> Long Emini TF @ 763.20 -> large size
[10:03:37] <@wrbtrader> 4+2
[10:04:23] <+Fleneer> Trampled! -2.75 NQ took a position long in 50.25 stop out 47.50 market now 54.00
[10:04:56] <+Tigerman> Long IWM @ 76.49
[10:05:08] <@wrbtrader> Exited 2/3 Emini TF Long @ 765.50 --> + 2.3
[10:05:24] <+Tigerman> just a late post but market move fast
[10:05:46] <+Tigerman> and when in trade I watch the dome like an hawk :)
[10:06:33] <+Tigerman> Exited 1/2 IWM Long @ 76.55 --> + 0.06
[10:06:44] <+Tigerman> Exited Remainder IWM Long @ 76.6 --> + 0.11
[10:06:46] <@wrbtrader> Exited Remainder Emini TF Long @ 766.70 --> + 3.5
[10:06:48] <@wrbtrader> WRB pt1 reached
[10:07:24] <+Tigerman> too bad not got the patience to wait a decent target
[10:07:35] <+Tigerman> anyway very good wrbtrader
[10:10:56] <+Tigerman> price continue up
[10:11:17] <+Tigerman> new WRB HG @ 11:04
[10:14:08] <+Fleneer> +1.00 short filled 56.00 was thinking 53.00 but chickend out and took 55.00 to exit after trade went red to 57.25 the new HOD just made a few minutes ago
[10:14:31] <@wrbtrader> Long Emini TF @ 767.20 -> small size
[10:14:38] <@wrbtrader> 2 contracts
[10:15:16] <@wrbtrader> Creeper Up Movement still active
[10:16:26] <@wrbtrader> Exited all Emini TF Long @ 767.80 --> + 0.6
[10:16:29] <@wrbtrader> WRB pt1 reached
[10:16:43] <+Tigerman> Long IWM @ 76.83
[10:16:53] <+Tigerman> Exited all IWM Long @ 76.88 --> + 0.05
[10:17:25] <+Fleneer> missed another op. tried to long 54.00 coulda had 54.50 markert to new HOD 2558.00
[10:21:06] <@wrbtrader> So far...today's price action is just a "trend continuation" of yesterday's trend UP day
[10:23:22] <+eldwin> NQ decision near
[10:24:33] <+Fleneer> +1.25 shortewd 57.50 looking for 55.50 bailed took 56.25 to exitcouldahad the 55.00
[10:24:46] <+eldwin> NQ now short
[10:30:12] <@wrbtrader> Emini YM active Creeper Up Movement
[10:30:27] <@wrbtrader> Long Emini TF @ 767.50 -> small size
[10:30:34] <@wrbtrader> 1 contract
[10:32:21] <@wrbtrader> Exited Emini TF Long @ 767.90 --> + 0.4
[10:32:23] <@wrbtrader> WRB pt1 reached
[10:33:00] <@wrbtrader> WRB pt1's are getting tighter (smaller) due to the volatility contraction
[10:33:28] <@wrbtrader> We're now due for at least 2 more volatility spikes (up or down) prior to the mid-day trading session showing up
[10:39:45] <@wrbtrader> Creeper Up Movement still active
[10:42:10] <+eldwin> NQ long
[10:43:44] <@wrbtrader> Long Emini TF @ 768.50 -> small size
[10:44:00] <@wrbtrader> 2 contracts
[10:44:35] <@wrbtrader> volatility spike
[10:45:52] <@wrbtrader> getting more choppy too
[10:46:02] <@wrbtrader> Long Emini TF @ 768.00 -> Add
[10:46:08] <@wrbtrader> 2 added
[10:47:53] <@wrbtrader> Exited all Emini TF Long @ 767.20 --> - 2.1
[10:48:00] <@wrbtrader> volatility spike
[10:48:13] <+eldwin> NQ now short
[10:51:58] <@wrbtrader> Long Emini TF @ 767.30 -> medium size
[10:52:03] <@wrbtrader> 4 contracts
[10:52:08] <@wrbtrader> re-entry
[10:52:26] <@wrbtrader> near S area
[10:52:32] <@wrbtrader> of the WRB Hidden GAP
[10:53:26] <@wrbtrader> 766.70 is the S area
[10:54:00] <@wrbtrader> voaltility contracting more
[10:57:56] <+Fleneer> scalped a half point here to recover the opening loss and make my day net BE. Walking away.
[10:58:42] <@wrbtrader> need a 768.60 to make this trade worth hammering at this particular price action related to the WRB Hidden GAP @ 1030am - 1032am est
[10:59:22] <@wrbtrader> Exited all Emini TF Long @ 767.50 --> + 0.2
[10:59:25] <@wrbtrader> :(
[10:59:27] <+eldwin> NQ vy indeterminate today
[10:59:50] <@wrbtrader> tighten the trail and it got instantly "picked pocketed"
[10:59:52] <@wrbtrader> :(
[10:59:56] <+eldwin> NQ long
[11:00:29] <@wrbtrader> Long Emini TF @ 767.70 -> medium size
[11:00:34] <@wrbtrader> 4 contracts
[11:00:37] <@wrbtrader> re-entry
[11:00:41] <@wrbtrader> intuition
[11:02:11] <@wrbtrader> now I need 768.90
[11:03:17] <@wrbtrader> volatility contraction still inside the range of that mentioned WRB Hidden GAP
[11:03:29] <@wrbtrader> It now defines the current R & S areas
[11:04:36] <@wrbtrader> R (resistance) = 767.90 and S (support) = 766.70
[11:08:18] <@wrbtrader> :(
[11:11:01] <+werner> Long Emini NQ @ 59.25
[11:11:42] <+eldwin> NQ now short
[11:11:44] <+werner> Exited all Emini NQ Long @ 56.25 --> - 3
[11:12:15] <@wrbtrader> Exited all Emini TF Long @ 766.80 --> - 0.9
[11:12:25] <@wrbtrader> S area test
[11:12:35] <@wrbtrader> S area now broken
[11:13:38] <@wrbtrader> volatility spike
[11:14:15] <@wrbtrader> may develop into the first WRB Hidden GAP since the tight trading range inside that prior WRB Hidden GAP
[11:18:45] <+eldwin> NQ now long
[11:18:51] <@wrbtrader> Creeper Down Movement
[11:20:35] <+werner> Long Emini NQ @ 2559.00
[11:21:48] <+werner> Exited all Emini NQ Long @ 2560.00 --> + 1
[11:22:35] <+eldwin> NQ flat, exhausting
[11:22:55] <+eldwin> probably be nice moves later
[11:23:56] <@wrbtrader> price action trying hard to retrace the recent WRB Hidden GAP @ 1110am est
[11:25:38] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY) and Forex Currencies
[11:28:52] <+eldwin> NQ vol normal this time of day
[11:29:10] <+eldwin> notice spread widening a little
[11:29:25] <+eldwin> and a littlee early this last hour
[11:31:38] <+eldwin> structure so far looks like launch for nice up move after lunch....my guess...MHO
[11:32:22] <+eldwin> I see cautious strength
[11:35:41] <+werner> bbl
[11:35:53] <+werner> side way here
[11:38:08] <+eldwin> dm
[11:39:51] <@wrbtrader> Shorts Emini TF @ 765.20 -> medium size
[11:39:56] <@wrbtrader> 4 contracts
[11:40:15] <@wrbtrader> ate a poor fill on that one
[11:40:19] <@wrbtrader> first one of the day
[11:40:39] <@wrbtrader> had 7 poor fils last week
[11:40:44] <+eldwin> NQ near decision
[11:42:31] <T4n> Shorts TF @ 765.7 -> small size «« simulator »»
[11:43:38] <+eldwin> NQ breaks down
[11:43:42] <+T4n> Covered TF Short @ 764.7 --> + 1 «« simulator »»
[11:44:44] <@wrbtrader> Covered all Emini TF Short @ 764.80 --> + 0.4
[11:44:52] <@wrbtrader> WRB pt1 reached but no fill
[11:44:59] <@wrbtrader> bad trade all around
[11:45:18] <+eldwin> just indeterminate
[11:59:48] <@wrbtrader> Creeper Down Movement still active
[12:00:38] <@wrbtrader> Shorts Emini TF @ 764.50 -> medium size
[12:00:50] <@wrbtrader> 4 contracts
[12:01:52] <+Tigerman> Shorts IWM @ 76.45
[12:02:35] <@wrbtrader> Covered all Emini TF Short @ 763.30 --> + 1.2
[12:02:35] <+Tigerman> entry right after price already move
[12:02:42] <@wrbtrader> WRB pt1 reached
[12:02:47] <+Tigerman> so a tight stop for me now
[12:04:43] <+Tigerman> Covered 1/2 IWM Short @ 76.32 --> + 0.13
[12:06:37] <+canaandog> bbl
[12:09:06] <+T4n> well i certainly didn't expect this
[12:09:54] <+Tigerman> mee too and almost wanna skip the trade because a later entry in a worst price
[12:10:13] <+Tigerman> also considering is mid-day lunch time
[12:12:55] <@wrbtrader> not common to see "increasing" volatility during the mid-day trading session
[12:14:18] <+Tigerman> Covered Remainder IWM Short @ 76.14 --> + 0.31
[12:17:43] <Bo> out today thanks guys
[12:47:38] <@wrbtrader> Creeper Up Movement active again
[12:48:38] <@wrbtrader> Long Emini TF @ 764.90 -> small size
[12:48:45] <@wrbtrader> 1 contract
[12:50:38] <@wrbtrader> for some reason this trade feels like (déjà vu).
[12:51:33] <@wrbtrader> I see it now
[12:52:39] <@wrbtrader> I had a prior trade entry (Short) @ 765.20 with a cover @ 764.80
[12:55:09] <@wrbtrader> Exited Emini TF Long @ 764.00 --> - 0.9
[12:55:38] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY) and Forex Currencies
[12:57:53] <+T4n> I wonder if this drop was due to the diverted plane news
[13:06:15] <@wrbtrader> Long Emini TF @ 765.40 -> small size
[13:06:28] <@wrbtrader> 2 contracts
[13:07:16] <@wrbtrader> re-entry
[13:13:48] <@wrbtrader> Exited all Emini TF Long @ 764.90 --> - 0.5
[13:14:26] <@wrbtrader> tough to break free of that WRB Hidden GAP @ 1246pm est
[13:16:56] <codehead> YM set up such a perfect sell a while ago, and i couldn't get execution platform open for a while, was hanging
[13:17:13] <+codehead> so now i just sti and wait for such a nice signal as that
[13:17:53] <+codehead> longer term (like, all day-ish) NQ signal still down
[13:18:38] <+codehead> but shorted term signals have gone sloppy compared to that earlier setup where everything was in line for down
[13:18:43] <+codehead> "but shorter"
[13:19:08] <@wrbtrader> Emini TF testing the S area of that mentioned WRB Hidden GAP
[13:19:37] <@wrbtrader> Emini YM futures is below its own similar WRB Hidden GAP
[13:25:51] <@wrbtrader> Shorts Emini TF @ 764.10 -> small size
[13:26:07] <@wrbtrader> 2 contracts
[13:26:10] <@wrbtrader> :(
[13:27:46] <@wrbtrader> WRB pt1 reached
[13:31:21] <@wrbtrader> Covered all Emini TF Short @ 762.70 --> + 1.4
[13:35:51] <+T4n> yesterdays midday was nothing like this today
[13:36:27] <@wrbtrader> a lot more WRB Hidden GAPs today during the mid-day trading session
[13:53:46] <@wrbtrader> Creeper Down Movement
[13:55:22] <@wrbtrader> Shorts Emini TF @ 760.90 -> small size
[13:55:32] <@wrbtrader> 2 contracts
[14:02:32] <@wrbtrader> Covered all Emini TF Short @ 761.90 --> - 1
[14:12:59] <+T4n> Long TF @ 762.4 -> small size «« simulator »»
[14:13:53] <+T4n> Exited TF Long @ 761.7 --> - 0.7 «« simulator »»
[14:14:34] <+T4n> Long TF @ 762.2 -> small size «« simulator »»
[14:16:31] <@wrbtrader> Shorts Emini TF @ 762.40 -> small size
[14:16:37] <+T4n> Exited TF Long @ 762.4 --> + 0.2 «« simulator »»
[14:16:59] <@wrbtrader> 2 contracts
[14:19:20] <+T4n> i'll try to step up my aggression now
[14:19:23] <+T4n> see if it pays
[14:21:52] <+Tigerman> Long IWM @ 76.38
[14:22:02] <+Tigerman> small size
[14:22:46] <+Tigerman> volatility contracting inside wrb zone
[14:23:06] <+T4n> could be big, if it breaks to the upside
[14:23:51] <+T4n> just looking at the triangle
[14:25:00] <@wrbtrader> Covered all Emini TF Short @ 763.40 --> - 1
[14:25:12] <@wrbtrader> volatility spike
[14:26:10] <+Tigerman> Exited all IWM Long @ 76.44 --> + 0.06
[14:27:26] <+T4n> Long TF @ 762.9 -> small size «« simulator »»
[14:30:18] <+T4n> Exited TF Long @ 762.5 --> - 0.4 «« simulator »»
[14:30:48] <+T4n> Long TF @ 763 -> small size «« simulator »»
[14:30:55] <+T4n> Long TF @ 763.3 -> small size «« simulator »»
[14:31:03] <+T4n> corrected
[14:31:20] <+T4n> gonna be bad
[14:32:14] <+T4n> Exited TF Long @ 762.3 --> - 1 «« simulator »»
[14:32:41] <+T4n> Shorts TF @ 761.5 -> small size «« simulator »»
[14:32:51] <@wrbtrader> Shorts Emini TF @ 761.30 -> medium size
[14:33:21] <@wrbtrader> re-entry
[14:33:34] <@wrbtrader> 4 contracts
[14:33:48] <@wrbtrader> no fill on 2 @ 762.00
[14:36:25] <+T4n> Covered TF Short @ 762.4 --> - 0.9 «« simulator »»
[14:37:03] <+T4n> ass whoopen
[14:37:50] <@wrbtrader> Covered all Emini TF Short @ 761.80 --> - 0.5
[14:40:10] <@wrbtrader> Shorts Emini TF @ 761.50 -> medium size
[14:40:20] <@wrbtrader> re-entry
[14:40:24] <@wrbtrader> same price action
[14:40:36] <@wrbtrader> 4 contracts
[14:40:39] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY) and Forex Currencies
[14:40:40] <+T4n> almost joined that
[14:40:50] <@wrbtrader> Covered all Emini TF Short @ 762.50 --> - 1
[14:41:00] <@wrbtrader> its still bouncing around
[14:41:06] <+T4n> getting "triangled"
[14:42:15] <@wrbtrader> Emini YM has WRB Hidden GAP @ 1430p est
[14:42:21] <@wrbtrader> just not giving the points
[14:42:51] <@wrbtrader> Shorts Emini TF @ 761.70 -> large size
[14:43:06] <@wrbtrader> 4 + 2
[14:43:10] <@wrbtrader> same price action
[14:43:22] <+T4n> waiting 1.9
[14:44:03] <+T4n> Shorts TF @ 761.6 -> small size «« simulator »»
[14:44:24] <+T4n> took it anyway , aggresive
[14:44:49] <+T4n> ready for the pain
[14:45:18] <@wrbtrader> pushing again the chop
[14:46:24] <@wrbtrader> That means we'll soon be leaving the mid-day trading session and entering the "volatility contraction" area
[14:46:28] <+werner> don't like this chop
[14:47:14] <@wrbtrader> Yeah...its trying to find some direction
[14:47:28] <+werner> Shorts Emini NQ @ 2546.00
[14:48:00] <+T4n> sup
[14:48:11] <+werner> i see
[14:49:07] <+T4n> Covered TF Short @ 762.6 --> - 1 «« simulator »»
[14:49:59] <+T4n> aggression is costly :(
[14:50:58] <@wrbtrader> volatility spike out of the chop area
[14:51:42] <+werner> Covered all Emini NQ Short @ 2549.00 --> - 3
[14:51:55] <@wrbtrader> Emini YM trying hard to retraced the prior mentioned WRB Hidden GAP
[14:52:46] <@wrbtrader> now retraced
[14:55:31] <+werner> Shorts Emini NQ @ 2546.00
[14:55:32] <@wrbtrader> S area being tested southward
[14:58:42] <+T4n> Long TF @ 762.7 -> small size «« simulator »»
[14:59:38] <@wrbtrader> back inside the range of that prior WRB Hidden GAP
[15:01:24] <@wrbtrader> volatility contracting
[15:01:41] <@wrbtrader> price action preparing for another volatility spike (Up or Down)
[15:01:50] <+T4n> Exited TF Long @ 762.2 --> - 0.5 «« simulator »»
[15:02:16] <+T4n> jeez, just terrible
[15:03:18] <@wrbtrader> It's going to move big...hopefully downward
[15:03:43] <+T4n> well it broke the top of the triangle
[15:03:43] <@wrbtrader> That's the nature of contraction/expansion analysis
[15:03:59] <+T4n> now struggling
[15:04:36] <+T4n> looking back, my timing is perfect for the opposite of my desired effect
[15:04:49] <@wrbtrader> Emini YM back where it started but Emini TF still above that same price area :(
[15:08:55] <@wrbtrader> A lot of recently dojis on the charts or long shadows...depending upon which intervals you're looking at
[15:09:11] <@wrbtrader> that's a BIG MESS of price noise that developed
[15:10:11] <+T4n> wish i didnt trade so much into it now
[15:10:20] <+T4n> thanks heindsight
[15:11:36] <+werner> Shorts Emini NQ @ 2545.50 -> Add
[15:11:46] <@wrbtrader> still no volatility spike
[15:12:00] <@wrbtrader> Emini YM now in a volatility spike
[15:12:17] <@wrbtrader> Other Eminis trying hard to follow
[15:13:37] <+T4n> Shorts TF @ 761.7 -> small size «« simulator »»
[15:15:23] <@wrbtrader> NYSE AD lines trying to find some legs
[15:15:52] <@wrbtrader> same with Oil CL futures
[15:16:09] <@wrbtrader> everybody now trying to find new support :(
[15:16:30] <@wrbtrader> more long shadows :(
[15:16:33] <@wrbtrader> tiring
[15:16:35] <@wrbtrader> geeesh
[15:17:03] <+T4n> could be exspensive
[15:17:20] <@wrbtrader> I don't like to hold a trade too much longer going into 3:30pm est
[15:17:46] <@wrbtrader> that's usually me rest zone to prepare for the 3:45pm - 4:00pm rush hour traffic price action
[15:17:54] <+T4n> break that sup
[15:18:10] <+T4n> i just want one good trade
[15:18:49] <+werner> Covered all Emini NQ Short @ 2541.00 --> + 9.5
[15:18:49] <@wrbtrader> I'm having a lot of trouble today in breaking the 2k profit barrier
[15:19:20] <@wrbtrader> I keep getting close but than get smacked with a few loses back down to 1.2k before getting close again
[15:19:34] <@wrbtrader> bouncing up and down too much today in that quest for 2k
[15:19:45] <@wrbtrader> WRB pt1 reached
[15:19:50] <@wrbtrader> still holding
[15:19:57] <@wrbtrader> may turn into a runner
[15:20:03] <@wrbtrader> if so...first one of the day
[15:20:25] <+T4n> Covered TF Short @ 760.1 --> + 1.6 «« simulator »»
[15:20:33] <+T4n> lol 2k barrier
[15:21:00] <@wrbtrader> Yeah...yesterday was a volatility contraction day as a trend day
[15:21:13] <@wrbtrader> Usually sets up a volatility spike the next day...
[15:21:15] <@wrbtrader> as in today
[15:21:26] <@wrbtrader> Reason why I double my profit target for today
[15:21:59] <+T4n> i'm happy just to lose -170 today
[15:22:05] <+T4n> joyous day !
[15:22:35] <@wrbtrader> Covered Emini TF Short @ 759.40 --> + 2.3
[15:22:45] <@wrbtrader> finally :)
[15:23:09] <@wrbtrader> Had to be aggressive today in getting that goal
[15:23:54] <@wrbtrader> only 3 errors today so far...
[15:24:25] <@wrbtrader> plus two poor fills
[15:24:34] <@wrbtrader> that's about normal for me for a trading day
[15:25:30] <@wrbtrader> Emini EMD futures WRB Hidden GAP @ 1518pm - 1520pm est
[15:25:49] <+T4n> 3 wins, 6 lose
[15:26:33] <+T4n> all single contracts, so easily in the hole
[15:26:43] <+T4n> nothing new
[15:27:06] <@wrbtrader> Shorts Emini TF @ 759.60 -> small size
[15:27:18] <@wrbtrader> 3 contracts
[15:27:21] <@wrbtrader> 2+1
[15:28:20] <+canaandog> 2+1 = fills, or...?
[15:28:30] <@wrbtrader> yes
[15:28:38] <+canaandog> k
[15:28:55] <@wrbtrader> that's how the fills show up although sometimes as the "exact same time"
[15:29:27] <@wrbtrader> not sure why its shown like that nor why it doesn't match my time & sales from a different data source
[15:29:34] <@wrbtrader> Actually doesn't really matter...
[15:29:53] <@wrbtrader> I have 3 different data source and the times & sales rarely correlate amongst each other :(
[15:30:14] <@wrbtrader> WRB pt1 reached
[15:30:33] <@wrbtrader> Covered all Emini TF Short @ 757.50 --> + 2.1
[15:30:34] <+canaandog> that's technically bothersome
[15:30:57] <@wrbtrader> Yeah but only for those that uses times & sales as part of their trade methodology
[15:31:07] <@wrbtrader> I don't but its something I do notice occurring
[15:33:28] <@wrbtrader> rest time
[15:33:34] <@wrbtrader> sidelined
[15:33:51] <@wrbtrader> preparing for the 3:45pm - 4:00pm est rush hour traffic
[15:34:37] <@wrbtrader> position size good today
[15:35:02] <@wrbtrader> most of my losing trades on "decreasing size" while most of my winning trades on "increasing size"
[15:35:33] <@wrbtrader> Creeper Down Movement still active
[15:35:57] <@wrbtrader> got a ton of help by other key markets staying in sync on that price drop
[15:40:23] <@wrbtrader> Creeper Down Movement still active
[15:41:03] <@wrbtrader> EuroFX 6E futures and Forex EurUsd have a WRB Hidden GAP @ 1528pm - 1530pm est
[15:48:01] <The_Einstein> gtg
[15:48:06] <+Tigerman> strong sell off maybe an entry for me
[15:48:36] <@wrbtrader> Shorts Emini TF @ 754.10 -> small size
[15:48:45] <@wrbtrader> 1 contract
[15:49:05] <+Tigerman> Shorts IWM @ 75.54
[15:50:28] <+Tigerman> Covered 1/2 IWM Short @ 75.5 --> + 0.04
[15:50:51] <@wrbtrader> I should have done the same exit...not looking good at the moment
[15:51:24] <@wrbtrader> Covered Emini TF Short @ 754.50 --> - 0.4
[15:51:38] <+Tigerman> Covered Remainder IWM Short @ 75.54 --> 0
[15:52:56] <@wrbtrader> getting choppy
[15:53:36] <@wrbtrader> Shorts Emini TF @ 755.40 -> small size
[15:53:40] <@wrbtrader> 2 contracts
[15:53:47] <@wrbtrader> re-entry
[15:53:51] <@wrbtrader> same price action
[15:53:57] <@wrbtrader> Creeper Down Movement still active
[15:55:06] <@wrbtrader> counter-thrust higher and this can easily turn into a Creeper Up Movement
[15:55:39] <+werner> gn all
[15:56:34] <@wrbtrader> tighten stop loss
[15:56:45] <@wrbtrader> getting close to the 4pm est regular session close
[15:57:19] <@wrbtrader> Covered all Emini TF Short @ 755.90 --> - 0.5
[15:58:14] <@wrbtrader> volatility spike
[15:59:24] <@wrbtrader> Creeper Up Movement on the NYSE AD Line
[15:59:42] <@wrbtrader> Long Emini TF @ 758.20 -> small size
[15:59:46] <@wrbtrader> 2 contracts
[15:59:50] <@wrbtrader> intuition
[16:02:31] <@wrbtrader> Creeper Up Movement still active
[16:04:52] <@wrbtrader> Exited all Emini TF Long @ 758.50 --> + 0.3
[16:10:39] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQ, SPY) and Forex Currencies
[16:17:09] <+Tigerman> take care all see tomorrow
Session Close: Tue May 22 18:50:39 2012

-------------------------

#FuturesTrades is free and is a serious professional trading chat room in which any trader can use the chat room to post their trades or commentaries involving futures, exchange traded funds or forex currencies. Simply, you don't need to be a client of TheStrategyLab.com to use the chat room nor do you need to be a price action only trader (no indicators) because some members use indicators while others do not.

Therefore, we welcome all traders with their own trade signal methods, different perspective of the markets and different experience levels. To gain access to #FuturesTrades...please follow the instructions @ http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5

The purpose of #FuturesTrades is that it's designed to be a trade journal for documentation purposes only so that members can have a time stamp archive of trades and market commentaries of each trading day so that they can better understand their broker statements from one trade to the next trade when they review their performance numbers on any given trading day.

Further, members are not obligated to educate nor help other members but members are encourage to ask questions about any trades or market commentaries that's posted by others because sometimes the answers contains useful trading tips.

In addition, our primary job in the free chat room is to moderate the room (keep the peace) because with so many members using different trade signal methods along with different opinions about the market...debates or arguments can easily flare up without moderating. In addition, our presence in the chat room is to ensure it's a spam free chat room during trading although these archived chat logs may contain advertisements for guest visitors.

Commonly discussed trading instruments from futures, exchange traded funds and forex currencies:

Image CME Emini Futures EMD, ES and NQ

Image ICE Emini TF Futures (formerly CME ER2)

Image CBOT mini-sized Dow Futures YM

Image Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

Image Eurex Fixed Income Derivatives (futures) BUND, BOBL and Schatz

Image Euronext Futures FTSE-100 and CAC-40

Image CME Futures EuroFX 6E and EC

Image Treasury Futures T-Notes ZT, ZN, ZF and T-Bonds ZB

Image Forex Currencies GbpUsd, EurUsd, EurYen and UsdCad

Image Exchange Traded Funds VXX, DIA, IWM, QQQ, SPY, BGU, FAS, FAZ, TNA, OIH, XLE and GLD

Image NYMEX Energy Futures Light Crude Oil CL, Brent Crude Oil BRN, e-miNY QM and Natural Gas NG

Image COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI

Image S&P CNX NIFTY Futures

Image Hang Seng Index Futures HSI and mini-Hang Seng MHI

Also, to prevent the usual mix-up about our different chat rooms, most of our fee-base clients do not use chat rooms just like most retail traders do not use chat rooms. Yet, the few clients that do use chat rooms, our fee-base clients are discussing market analysis or price action only trade signals via concepts from our strategies in the private chat rooms called #VolatilityTradingTSL or #SwingTradingTSL and they're not allowed to do such in #FuturesTrades.

Reminder, our Terms of Use (TOU) Policy is a must read to prevent any misunderstandings along with revealing that #FuturesTrades is a serious professional trading chat room and we expect members to act professional. Also, these logs may have been edited (rarely) to remove any messages that a member has complained to me via private message that they consider a particular commentary to be inappropriate, offending or too far in the off topic area that's a distraction when the commentary was posted.

Note: All logs regardless to their location at TheStrategyLab.com website are eastern standard time.

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body/wide range bar analysis)
Price Action Trading (no technical indicators)
Image@ http://twitter.com/wrbtrader or http://stocktwits.com/wrbtrader

Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
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intradaystrategies@yahoo.com
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