Session Start: Fri Feb 20 09:30:19 2009
Session Ident: #futurestrades
[09:30] * Now talking in #futurestrades
[09:30] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:33] <@NihabaAshi> Long ES @ 863.50 -> small size
[09:33] <@NihabaAshi> 3 only
[09:36] <@NihabaAshi> Exited 2/3 ES Long @ 865.75 --> + 2.25
[09:36] <szubaark> nice
[09:38] <@NihabaAshi> Exited Remainder ES Long @ 865.50 --> + 2
[09:43] <@NihabaAshi> Long ES @ 763.75 -> small size
[09:43] <@NihabaAshi> 3 only
[09:45] <rickf>
[09:46] <+szubaark> hi rick
[09:46] <+rickf> still holding USD/CAD position, stop moved up to +50 pips
[09:46] <@NihabaAshi> Exited all ES Long @ 766.00 --> + 2.25
[09:46] <+szubaark> hows yur USD/CAD trade?
[09:46] <+rickf> still in
[09:53] <+rickf> my long portfolio took a beating this morning - one of my canadian trusts slashed its monthly dividend 41%
[09:55] <+szubaark>
[09:55] <+szubaark> everyone praying for a bounce
[09:56] <+rickf> well we knew it was coming, just didnt think so big
[09:56] <+szubaark> peoples 401K are getting hammared
[09:56] <+rickf> and GE at 9.50 .... wow
[09:56] <+szubaark> where is ford?
[09:56] * +rickf charts show us bumping on the Nov lows and the lows of the 87 recession
[09:56] <+rickf> if we break i think 7200 and hold, retail panic
[09:56] <pdays> Long TF @ 411.6
[09:57] <+rickf> ford 1.61
[09:57] <+pdays> Exited all TF Long @ 412.1 --> + 0.5
[09:57] <+rickf> vn
[09:57] <+rickf> fast scalp
[09:57] <+szubaark> i was gonna buy ford around 10 while back..geezzz
[09:58] <+rickf>
[09:59] <+szubaark> im seeing a lot of traders i talk to on mirc DISAPEARRED
[10:00] <+rickf> cnt say i blame them
[10:18] <+pdays> Shorts TF @ 412.7
[10:18] <+pdays> Covered all TF Short @ 412.2 --> + 0.5
[10:20] <+szubaark> Shorts ES @ 768.50 «« paper »»
[10:22] <+szubaark> Covered all Short ES at 767.50 --> + 1 «« paper »»
[10:56] <+szubaark> Shorts ES @ 765.50 «« paper »»
[11:00] <+szubaark> Covered all Short ES at 767.50 --> - 2 «« paper »»
[11:02] <+szubaark> Buys ES @ 767.25 «« paper »»
[11:05] <+szubaark> Exited all Long ES at 766 --> - 1.25 «« paper »»
[11:06] <+szubaark> Shorts ES @ 765.50 «« paper »»
[11:06] <winmax60> Shorts ES @ 766.25 -> small size «« simulator »»
[11:08] <+winmax60> Covered all ES Short @ 765 --> + 1.25 «« simulator »»
[11:12] <+rickf> long es 764
[11:12] <+szubaark> Covered all Short ES at 762.50 --> + 3 «« paper »»
[11:22] <+rickf> out 764 b/e
[11:23] <+rickf> stop hit USD/CAD 1.2587 +73 pips
[11:23] <+szubaark> nice
[11:23] <+rickf> ty
[11:27] <+szubaark> Buys ES @ 761.75 «« paper »»
[11:27] <+szubaark> Shorts ES @ 761.75 «« paper »»
[11:32] <+rickf> short es 761
[11:33] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[11:34] <+rickf> out 760.75 +.25
[11:34] <+szubaark>
[11:34] <+szubaark> its gonna be a creeper alright
[11:35] <+rickf> options friday, lots of goofy stuff
[11:39] * codehead_afk is now known as codehead
[11:47] <+winmax60> Shorts ES @ 762.75 -> small size «« simulator »»
[11:47] <+pdays> Long ES @ 762.75
[11:48] <+pdays> Exited all ES Long @ 764.5 --> + 1.75
[11:50] <+winmax60> Covered all ES Short @ 763.75 --> - 1 «« simulator »»
[11:51] <+winmax60> Shorts ES @ 763 -> small size «« simulator »»
[11:53] <+winmax60> Covered all ES Short @ 762.5 --> + 0.5 «« simulator »»
[12:05] <@NihabaAshi> I'm back
[12:16] <+winmax60> Shorts ES @ 765.5 -> small size «« simulator »»
[12:17] <@NihabaAshi> Shorts ES @ 766.25 -> small size
[12:17] <@NihabaAshi> 2 only
[12:18] <@NihabaAshi> Covered all ES Short @ 765.00 --> + 1.25
[12:19] <@NihabaAshi> Early exit before profit target was reached....due to some fears.
[12:24] <+winmax60> Covered all ES Short @ 765.75 --> - 0.25 «« simulator »»
[12:24] <+winmax60> market tested my patience level.... :-(
[12:30] <+szubaark> u had good entry
[12:30] <+codehead> long 763.75 ES 1c <sim>
[12:32] <+szubaark> Minor Support here
[12:35] <+codehead> exit +1.00 ES 1c <paper>
[12:36] <+szubaark> nice scalp
[12:41] <+szubaark> still looking for new lows
[12:44] <+codehead> long 1c ES 762.00 <paper>
[12:44] <+szubaark> hmm..Euro had a huge spike to upside
[12:49] <+szubaark> Covered all Short ES at 758.75 --> + 3 «« paper »»
[12:49] <+szubaark> badly managed trade
[12:49] * szubaark is now known as szubaark_Away
[12:53] <+rickf> long es 758
[12:56] <+rickf> out 758,25 +1.25
[13:06] <+rickf> so what spooked the currency markets?
[13:06] <+rickf> USD/CHF went off the effing cliff....
[13:09] <+rickf> gold @ 1002
[13:35] <+winmax60> Long ES @ 755.25 -> small size «« simulator »»
[13:39] <+winmax60> Exited all ES Long @ 756.5 --> + 1.25 «« simulator »»
[13:39] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[13:42] <+winmax60> Long ES @ 757.75 -> small size «« simulator »»
[13:44] <+winmax60> Exited all ES Long @ 759 --> + 1.25 «« simulator »»
[13:46] <+codehead> exit ES long 1c -3.00 <paper>
[13:46] <+codehead> actually, i got caught up in a surprise work call for 45 mins, otherwise i would have been out there long ago
[13:46] <+codehead> should get to 760-761 tho
[13:46] <+codehead> 760.50 target
[13:49] <+codehead> (but it's short again there)
[13:53] <+codehead> short ES 760.75 2c <paper>
[13:56] <+codehead> exit +1.75 ES 2c <paper>
[13:56] <+codehead> to make up for last 1c trade
[13:57] <+codehead> otherwise would have let 1 run
[14:07] <@NihabaAshi> Long ES @ 785.50 -> small size
[14:07] <@NihabaAshi> 3 only
[14:09] <@NihabaAshi> Exited all ES Long @ 760.00 --> - 25.5
[14:09] <@NihabaAshi> ooops
[14:09] <@NihabaAshi> entry posted wrong...
[14:10] <+codehead> 758.50?
[14:10] <@NihabaAshi> Entry 758.50 and Exit 760.00 = +1.50
[14:12] <drt> s ym 96
[14:16] <@NihabaAshi> big spike
[14:17] <+rickf> sell lmt es 765
[14:17] <@NihabaAshi> Long ES @ 765.00 -> small size
[14:17] <@NihabaAshi> 3 only
[14:17] <+rickf> out 766 -1
[14:17] <@NihabaAshi> intuition
[14:18] <+rickf> short 767
[14:18] <@NihabaAshi> Exited all ES Long @ 766.00 --> + 1
[14:19] <+rickf> out 764.50 +2.5
[14:19] <+rickf> jumped the gun first time
[14:21] <+drt> cl ym 36
[14:22] <+drt> corr: cs ym 36
[14:29] * szubaark_Away is now known as szubaark
[14:29] <@NihabaAshi> Shorts ES @ 768.00 -> small size
[14:29] <@NihabaAshi> 2 only
[14:30] <+rickf> long es 768
[14:31] <@NihabaAshi> Covered all ES Short @ 767.75 --> + 0.25
[14:31] <+rickf> exit 770.50 +2.5
[14:32] <+rickf> 770.25 +2.25 correction
[14:32] <+szubaark> nice rick
[14:32] <+rickf> ty
[14:32] <@NihabaAshi> Long ES @ 769.50 -> small size
[14:32] <@NihabaAshi> 3 only
[14:34] <@NihabaAshi> Exited ES Long @ 768.00 --> - 1.5
[14:34] <@NihabaAshi> Reverse and Enter Short ES @ 768.00
[14:34] <@NihabaAshi> added 1 contract on the position reversal
[14:34] <+szubaark> Contracting Volatility,easy to get chopped up
[14:35] <+szubaark> its gonna Chop, before next Pop
[14:36] <+rickf> sell stop 766
[14:37] <+rickf> out 68 -2
[14:37] <@NihabaAshi> Covered all ES Short @ 768.00 --> 0
[14:38] <+szubaark> Buys ES @ 770.25 «« paper »»
[14:38] <@NihabaAshi> Long ES @ 769.50 -> medium size
[14:38] <@NihabaAshi> 4 only
[14:38] <+szubaark> lets see if we close gap
[14:38] <+winmax60> Long ES @ 770.75 -> small size «« simulator »»
[14:39] <+winmax60> Exited all ES Long @ 771 --> + 0.25 «« simulator »»
[14:39] <+szubaark> Exited all Long ES at 770.25 --> 0 «« paper »»
[14:40] <+winmax60> Long ES @ 771.75 -> small size «« simulator »»
[14:40] <+szubaark> Buys ES @ 773.50 «« paper »»
[14:40] <@NihabaAshi> Exited 1/2 ES Long @ 773.00 --> + 3.5
[14:40] <+szubaark> CHASING
[14:40] <+szubaark>
[14:40] <+winmax60> Exited all ES Long @ 772 --> + 0.25 «« simulator »»
[14:40] <+rickf> gonna be spikey next hour --- options pinning action
[14:41] <+szubaark> gonna give this some room..othwerwise just gonna keep Stoppin me
[14:42] <+rickf> i'd look long if we stay above 774
[14:42] <@NihabaAshi> Exited all ES Long @ 771.00 --> + 1.5
[14:42] <+rickf> otherwise, chopping @ resistance waiting for something to happen
[14:43] <+szubaark> trying to pick perfect entry is too stressful
[14:43] <+rickf> i gave that up - went down to 2 contracts to give me some more wiggle room and embrace the 'art' of the trade vs the 'science'
[14:43] <+szubaark> yea especially with ES its so frikin choppy
[14:46] <@NihabaAshi> Long ES @ 771.75 -> small size
[14:46] <@NihabaAshi> 3 only
[14:47] <+szubaark> might have to sit thru a retrace..oh well
[14:48] <@NihabaAshi> Exited 2/3 ES Long @ 774.00 --> + 2.25
[14:49] <+szubaark> i got too cute with my Long@770.25 now holding one from 773.50
[14:51] <+szubaark> Exited all Long ES at 775.75 --> + 2.25 «« paper »»
[14:51] <+szubaark> gap close exit
[14:51] <@NihabaAshi> Exited Remainder ES Long @ 778.00 --> + 6.25
[14:52] <+szubaark> Bravo.
[14:52] <@NihabaAshi> That volatility spike and the small pullbacks setup some nice positions
[14:53] <@NihabaAshi> It sill looks like it's got some more juice (volatility).
[14:53] <+szubaark> This is a nice Swing day for option expiration friday.
[14:53] <+rickf> finally .... got the R2K emini working in OEC
[14:53] <@NihabaAshi> I'm done trading for the day...banking what I got.
[14:54] <+rickf>
[14:54] <+rickf> i'm nicely green myself
[14:54] <+rickf> dont want to jinx things by beting stupid
[14:59] <+drt> l ym 96
[15:01] <+szubaark> im up nicely myself as i gave more room for trades to work
[15:07] <+drt> cl ym 89
[15:10] <+winmax60> Shorts ES @ 769.25 -> small size «« simulator »»
[15:11] <+winmax60> Covered all ES Short @ 768.25 --> + 1 «« simulator »»
[15:13] <+winmax60> Long ES @ 770.25 -> small size «« simulator »»
[15:15] <+winmax60> Exited all ES Long @ 770.25 --> 0 «« simulator »»
[15:19] <+szubaark> Shorts ES @ 769 «« paper »»
[15:21] <+drt> s ym 83
[15:22] <+rickf> i suspect the day is done
[15:23] <+drt> cs ym 70
[15:25] <+szubaark> exit stop set ES @ 772.25 «« paper »»
[15:28] <+szubaark> Covered all Short ES at 766.25 --> + 2.75 «« paper »»
[15:28] <+szubaark> im done
[15:30] <+rickf> vn
[15:31] <+szubaark> thanx
[15:34] <+codehead> 768.00->752.50 lod->778.75->763.25 ab=cd
[15:34] <+codehead> that low was nice wave target, on the nose
[15:34] <+codehead> 15.50 legs ab, cd
[15:35] <+szubaark> looks like they gonna close here
[15:35] <+codehead> op expiry
[15:35] <+codehead> you don't know how squirrely it might get
[15:35] <+szubaark> there is gonna be a lot of worthless Calls
[15:41] <+szubaark> .
[15:42] <+rickf> ok guys have a good weekend see you next week
[15:42] <+szubaark> byde
[15:45] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[15:45] <+codehead> obtw...
[15:46] <+codehead> last night i said i'd have order long at 773.25 scalp
[15:46] <+codehead> obviously, i filled--exited shortly after +1.50
[15:47] <+codehead> target was 778, but price dipped 3 ticks lower than target (773.00), so lower was confirmed and i just looked for exit at that point, was lucky to get out a ticks from top
[15:48] <+codehead> if we lose that last low, target 757.00
[15:48] <+codehead> potential to build a vegas 3 min szu, on ES
[15:51] <+szubaark> too late in day
[15:51] <+szubaark> woudnt take it
[15:53] <+codehead> it worked
[16:28] * jbuch slaps TraderG around a bit with a large trout
Session Close: Fri Feb 20 17:13:54 2009
