Session Start: Tue Mar 03 09:24:06 2009
Session Ident: #FuturesTrades
[09:24] * Now talking in #FuturesTrades
[09:24] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:28] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[09:30] <drt>
all
[09:32] <@NihabaAshi> Shorts ES @ 710.25 -> small size
[09:32] <@NihabaAshi> 3 only
[09:36] <@NihabaAshi> Covered all ES Short @ 709.00 --> + 1.25
[09:41] <Flow>
all
[09:41] <werner>
all
[09:45] <petrpe> Shorts ES @ 708.75 «« simulator »»
[09:45] <@NihabaAshi> TF is weak
[09:46] <szubaark> Shorts ES @ 707.50 «« paper »»
[09:46] <@NihabaAshi> Shorts ES @ 707.00 -> small size
[09:46] <@NihabaAshi> 3 only
[09:46] <@NihabaAshi> entry error
[09:47] <+szubaark> Covered all Short ES at 706.50 --> + 1 «« paper »»
[09:47] <@NihabaAshi> Covered all ES Short @ 706.50 --> + 0.5
[09:48] <@NihabaAshi> Lucky exit
[09:48] <@NihabaAshi> Thought I was shorting at 708.50 and then I saw I shorted @ 706.50
[09:49] <@NihabaAshi> I need new glasses
[09:49] <+szubaark> OR Bigger Monitor
[09:49] <+petrpe> Covered all ES Short @ 706.5 --> + 2.25 «« simulator »»
[09:50] <@NihabaAshi> meant 707.00
[09:56] <+petrpe> Shorts ES @ 708.5 «« simulator »»
[09:58] <+petrpe> Covered all ES Short @ 708.25 --> + 0.25 «« simulator »»
[10:00] <@NihabaAshi> Shorts ES @ 705.25 -> small size
[10:00] <@NihabaAshi> 3 only
[10:01] <@NihabaAshi> Covered all ES Short @ 704.75 --> + 0.5
[10:03] <szubaark_Away> ..
[10:03] <+szubaark_Away> Away?
[10:04] <+szubaark_Away> mirc acting up again..it has me Twice on there
[10:05] <+szubaark_Away> Buys ES @ 708.25 «« paper »»
[10:05] <@NihabaAshi> Long ES @ 708.00 -> small size
[10:05] <@NihabaAshi> 2 only
[10:08] <+szubaark_Away> Exited all Long ES at 706.25 --> - 2 «« paper »»
[10:10] <+petrpe> Shorts ES @ 706.25 «« simulator »»
[10:10] <@NihabaAshi> Exited ES Long @ 707.00 --> - 1
[10:10] <@NihabaAshi> Reverse and Enter Short ES @ 707.00
[10:13] <@NihabaAshi> Covered all ES Short @ 704.25 --> + 2.75
[10:13] <+petrpe> Covered all ES Short @ 704.75 --> + 1.5 «« simulator »»
[10:16] <+szubaark_Away> Shorts ES @ 702.50 «« paper »»
[10:19] <Sidhartha> Long ES @ 704.25 «« simulator »»
[10:21] <+szubaark_Away> Covered all Short ES at 705 --> - 2.5 «« paper »»
[10:22] <+codehead> short 706.00 ES 2c <paper>
[10:23] <+Sidhartha> Exited Remainder ES Long @ 706 --> + 1.75 «« simulator »»
[10:24] <+petrpe> Shorts ES @ 705.5 «« simulator »»
[10:25] <+codehead> stop 707.25 ES <paper>
[10:26] <+codehead> exit ES +.50 <paper>
[10:27] <+codehead> may still go down but signalled level failure on 707 touch
[10:29] <+codehead> the dump bar high was 707.25 so i guess that's what it was going for
[10:31] <@NihabaAshi> Shorts ES @ 705.00 -> small size
[10:31] <@NihabaAshi> 3 only
[10:31] <+szubaark_Away> Shorts ES @ 704.25 «« paper »»
[10:32] <+petrpe> Covered all ES Short @ 703.75 --> + 1.75 «« simulator »»
[10:33] <+werner> reboot
[10:37] <@NihabaAshi> Covered all ES Short @ 704.25 --> + 0.75
[10:37] <+codehead> hm, vegas try
[10:38] <+szubaark_Away> Covered all Short ES at 706.25 --> - 2 «« paper »»
[10:38] <+szubaark_Away> Buys ES @ 706.25 «« paper »»
[10:39] <pdays> Long ES @ 706.75
[10:41] <+pdays> Exited all ES Long @ 708.0 --> + 1.25
[10:43] <@NihabaAshi> volatility rising fast
[10:45] <+szubaark_Away> Tightening Stop
[10:47] <+szubaark_Away> Exited all Long ES at 705.25 --> - 1 «« paper »»
[10:47] <+szubaark_Away> Shorts ES @ 705.25 «« paper »»
[10:47] <+szubaark_Away> not going anywhere just hitting Stops back and forth
[10:48] <@NihabaAshi> agree
[10:49] <@NihabaAshi> Bernanke has put a voodoo spell on the market price action...
[10:49] <@NihabaAshi> Too many zombies trading right now
[10:52] <@NihabaAshi> This really needs to test the 700 level again to really encourage Longs to show up to the plate.
[10:52] <+szubaark_Away> that was my "thinking" since Open
Session Close: Tue Mar 03 10:53:04 2009
Session Start: Tue Mar 03 10:53:04 2009
Session Ident: #FuturesTrades
[10:53] * Disconnected
[10:54] * Attempting to rejoin channel #FuturesTrades
[10:54] * Rejoined channel #FuturesTrades
[10:54] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[10:55] <@NihabaAshi> Weird trade...
[10:56] <@NihabaAshi> I cancel a Long position order @ 702.50 and instantly got filled just as I got disconnected from the internet.
[10:56] <@NihabaAshi> strange
[10:56] <@NihabaAshi> simply, I'm long right now via a trade execuation error
[10:57] <@NihabaAshi> Just dumped it for a -1 point loss
[10:57] <@NihabaAshi> Shorts ES @ 701.00 -> small size
[10:57] <@NihabaAshi> 3 only
[11:00] <+szubaark_Away> exit stop set ES @ 703 «« paper »»
[11:01] <+szubaark_Away> Covered all Short ES at 703 --> + 2.25 «« paper »»
[11:01] <+szubaark_Away> shook me out again
[11:02] <@NihabaAshi> Covered all ES Short @ 702.00 --> - 1
[11:02] <@NihabaAshi> I'm getting some horrible fills or no fills at all as price trades through my prices.
[11:03] <+szubaark_Away> Shorts ES @ 700.25 «« paper »»
[11:03] <@NihabaAshi> May need to do a reboot because something isn't right.
[11:03] <winmax60> good morning wrbtrader and everyone!!
[11:03] <+szubaark_Away> hi win
[11:04] <@NihabaAshi> Shorts ES @ 701.00 -> small size
[11:04] <@NihabaAshi> 3 only
[11:06] <@NihabaAshi> 690's again
[11:09] <+szubaark_Away> the range is so TIGHT its easy to get shaken out
[11:09] <@NihabaAshi> Covered all ES Short @ 700.00 --> + 1
[11:09] <@NihabaAshi> bad fill again.
[11:09] <@NihabaAshi> rebooting...be back in soon
Session Close: Tue Mar 03 11:10:40 2009
Session Start: Tue Mar 03 11:10:40 2009
Session Ident: #FuturesTrades
[11:10] * Disconnected
Session Close: Tue Mar 03 11:10:40 2009
Session Start: Tue Mar 03 11:21:32 2009
Session Ident: #futurestrades
[11:21] * Now talking in #futurestrades
[11:21] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[11:22] <@NihabaAshi> Looks like it dropped nicely as soon as the connection problems got me too
that I needed to reboot
[11:25] <@NihabaAshi> Shorts ES @ 695.75 -> small size
[11:25] <@NihabaAshi> 3 only
[11:26] <+petrpe> Shorts ES @ 965.5 «« simulator »»
[11:26] <+petrpe> 695.5 correction
[11:28] <@NihabaAshi> Covered ES Short @ 696.50 --> - 0.75
[11:28] <@NihabaAshi> Reverse and Enter Long ES @ 696.50
[11:30] <+petrpe> Covered all ES Short @ 697 --> + 268.5 «« simulator »»
[11:31] <+petrpe> -1.6 pts
[11:31] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[11:34] <@NihabaAshi> Exited ES Long @ 695.00 --> - 1.5
[11:34] <@NihabaAshi> Reverse and Enter Short ES @ 695.00
[11:34] <@NihabaAshi> I got two broker programs open now...having problems in both.
[11:35] <@NihabaAshi> That means I'm having a ISP connection problem especially after getting disconnected from IRC at least once in the middle of a trade.
[11:35] <@NihabaAshi> Losses on one platform and profit on another platform
[11:37] <@NihabaAshi> Covered all ES Short @ 694.75 --> + 0.25
[11:38] <@NihabaAshi> Shorts ES @ 694.00 -> medium size
[11:38] <@NihabaAshi> 4 only
[11:39] <+szubaark_Away> Expecting Volatility spike soon after the retrace on Declining Volatility
[11:40] <@NihabaAshi> Covered all ES Short @ 693.50 --> + 0.5
[11:41] <@NihabaAshi> Got back to above breakeven overall between both trade execution platforms.
[11:42] <@NihabaAshi> Taking a break from trading...
[11:42] <@NihabaAshi> Just like yesterday...couldn't hold on to my short positions...too many .25 or .50 on shorts today.
[11:43] * NihabaAshi is now known as NihabaAshi_away
[11:45] * NihabaAshi_away is now known as NihabaAshi_lunch
[11:45] <+szubaark_Away> exit stop set ES @ 695.50 «« paper »»
[11:45] <+szubaark_Away> feel like im one step behind today
[11:46] <+szubaark_Away> My Short is a chaser
[11:51] <+szubaark_Away> Tightening Stop
[11:56] <+szubaark_Away> Covered all Short ES at 692 --> + 1.5 «« paper »»
[11:59] <rickf>
[12:02] <+rickf> short es 695.25
[12:02] * NihabaAshi_lunch is now known as NihabaAshi
[12:03] <+rickf> out 694 +1.25
[12:06] <+rickf> hrm doug kass now turning semi-bullish
[12:27] <+winmax60> Long ES @ 700.75 -> small size «« simulator »»
[12:27] <+winmax60> Exited all ES Long @ 701 --> + 0.25 «« simulator »»
[12:28] <+rickf> short es 702.50
[12:31] <+rickf> exit 700 +2.5
[12:38] <@NihabaAshi> Shorts ES @ 699.50 -> small size
[12:38] <@NihabaAshi> 3 only
[12:40] <@NihabaAshi> First trade of the day where I didn't have an entry problem that cost me 2 - 3 ticks...
[12:40] <@NihabaAshi> However, there's still the exit.
[12:42] <+rickf> i did that on a stock trade this morning - forgot to adjust my limit, got filled 9c higher than i wanted to
[12:44] <@NihabaAshi> Covered all ES Short @ 699.25 --> + 0.25
[12:44] <@NihabaAshi>
[12:44] <+rickf> good exit tho, right?
[12:44] <@NihabaAshi> Yeah
[12:44] <+rickf> turn that frown upside down then
[12:44] <@NihabaAshi> That was a trailing stop out
[12:46] <@NihabaAshi> Won't know about the exits until a do a trade where I exit via a "market order" prior to a trailing stop or initial stop being hit.
[12:46] <+rickf> true
[12:46] <pat255> ga all...
[12:46] <+pat255> @office ...
[12:46] <+rickf> hi pat
[12:46] <+pat255> hi rick n & otehrs
[12:47] <@NihabaAshi> declining volatility
[12:48] <@NihabaAshi> will take break from trading for a few minutes during this volatiltiy decline.
[12:48] <@NihabaAshi> Be back later.
[12:48] * NihabaAshi is now known as NihabaAshi_away
[13:04] <+Flow> Long ES @ 696.0
[13:06] * NihabaAshi_away is now known as NihabaAshi
[13:07] <+Flow> Exited all ES Long @ 695.0 --> - 1
[13:10] * szubaark_Away is now known as szubaark
[13:12] <@NihabaAshi> This market is trying hard (almost desperate) to find a bottom.
[13:12] <@NihabaAshi> That's why its so darn difficult to hold onto Short positions as the market creeps lower and lower
[13:12] <+szubaark> each new low is unfamiliar territory
[13:13] <+pat255> y N ...geez just creep lower ..& any s squeeze wil be intense
[13:14] <+szubaark> Buys ES @ 697.50 «« paper »»
[13:14] <+rickf> yeah feels kind of tenative
[13:16] <+szubaark> looks im back too early from lunch
[13:19] <+szubaark> exit stop moved to breakeven ES @ 697.25 «« paper »»
[13:19] <+szubaark> Exited all Long ES at 698.50 --> + 1 «« paper »»
[13:32] <+szubaark> Shorts ES @ 695.25 «« paper »»
[13:35] <+szubaark> exit stop moved to breakeven ES @ 695.25 «« paper »»
[13:37] <+szubaark> Covered all Short ES at 693.25 --> + 2 «« paper »»
[13:37] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[13:42] <+rickf> fells like market is skidding down a slope....folks dig their heels in to stop the slide for a minute or two....then another slide.....another heel-stick, etc
[13:42] <+szubaark> Bull market is more fun
[13:43] <+rickf> lol
[13:43] <+rickf> in the futures market we don't care which way it goes hehehehe
[13:43] <+szubaark> Bear markets will really test you as a trader
[13:43] <+rickf> yeah bigger sense of fear
[13:44] <+szubaark> but during the internet Bubble it was A LOT easier to trade..better swings,cleaner
[13:44] <+szubaark> think Whole world is waiting for Bull to return
[13:45] <+rickf> yeah
[13:45] <+rickf> as i said before even doug kass is turning semi-bullish this week
[13:46] <+szubaark> Short SQUEEZEEE is just a matter of time
[13:46] <+rickf> yes - short side is a crowded trade, even as folks get terrified
[13:46] <+rickf> which has kept me sidelined from shorting equities this past week or two
[13:46] <+rickf> been nibbling on the long side tho
[13:48] <+szubaark> Shorts ES @ 693.25 «« paper »»
[13:52] <+szubaark> Covered all Short ES at 696 --> - 2.75 «« paper »»
[13:52] <+szubaark> Buys ES @ 696 «« paper »»
[13:55] <+rickf> sell limit 698
[13:55] <+rickf> filled
[13:56] <+rickf> out 97.50 +.50
[13:58] <+szubaark> Tightening Stop
[13:59] <+rickf> short es 700
[14:00] <+rickf> exit 98.50 +1.50
[14:03] <+rickf> long es 700.50
[14:05] <+szubaark> Exited all Long ES at 701.50 --> + 5.5 «« paper »»
[14:05] <+rickf> wtg
[14:05] <+szubaark> thanx
[14:05] <+szubaark> yea good reversal for me..it was EITHER gonna BREAK DOWN or POP UP
[14:06] <+rickf> exut 702 +1.50
[14:06] <+rickf> i'm done until something happens - this dancing around 700 is dangerous
[14:07] <+szubaark> im in Defensive mode now, as im well above my profit target goal
[14:26] <+szubaark> 705 .61% retrace for you FIB counters
[14:28] <@NihabaAshi> Shorts ES @ 703.50 -> small size
[14:28] <@NihabaAshi> 3 only
[14:29] <@NihabaAshi> Covered all ES Short @ 703.00 --> + 0.5
[14:31] <+szubaark> market a little Parabolic now
[14:42] <+szubaark> this is where newbies get slaughtered as their CCI,MACD indicators yell SELL on Diveregence
[14:43] <+rickf> lol
[14:52] <+rickf> BAC downgraded by S&P .... as if that really means anything anymore
[15:15] <@NihabaAshi> Shorts ES @ 701.00 -> large size
[15:15] <@NihabaAshi> 6 only
[15:16] <@NihabaAshi> 2nd trade of the day without an entry problem
[15:16] <+rickf>
[15:16] <@NihabaAshi> However, I'm only using 1 trade execution platform right now.
[15:18] <@NihabaAshi> Covered all ES Short @ 702.50 --> - 1.5
[15:18] <+rickf> long es 702.75 1 ct
[15:19] <drt> s ym 78
[15:19] <+rickf> out 702.25 +.50
[15:20] <@NihabaAshi> Long ES @ 702.50 -> large size
[15:21] <@NihabaAshi> Exited all ES Long @ 702.00 --> - 0.5
[15:22] <@NihabaAshi> tight 1.25 range
[15:22] <@NihabaAshi> Shorts ES @ 700.00 -> large size
[15:22] <@NihabaAshi> 6 only
[15:22] <+winmax60> Shorts ES @ 700 -> small size «« simulator »»
[15:23] <+drt> cs ym 48
[15:23] <@NihabaAshi> Problem entry but I'm lucky so far...trade going my way.
[15:23] <+winmax60> Covered all ES Short @ 698. --> + 2 «« simulator »»
[15:24] <+rickf> is it just me or does the market feel like it's down more than it is?
[15:27] <@NihabaAshi> Covered all ES Short @ 697.00 --> + 3
[15:40] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[15:42] <+rickf> sell stop 692
[15:53] <+rickf> cxl stop
[15:55] <+rickf> ok guys see you tomorrow
[15:55] <+rickf> g'night
[15:57] <@NihabaAshi> Long ES @ 698.00 -> small size
[15:57] <@NihabaAshi> 2 only
[15:57] <@NihabaAshi> good entry...no slippage
[15:59] <@NihabaAshi> Exited ES Long @ 697.25 --> - 0.75
[15:59] <@NihabaAshi> Reverse and Enter Short ES @ 697.25
[16:02] <@NihabaAshi> Covered all ES Short @ 693.75 --> + 3.5
[16:02] <+szubaark> not looking good for Bulls
[16:02] <@NihabaAshi> Profitable but still a disappointing trading day.
[16:03] <@NihabaAshi> Wanted to do a swing trade (forex currency) and my SaxoTrader platform crashed
[16:03] <+szubaark> reached your daily profit goal?
[16:03] <+szubaark>
[16:03] <@NihabaAshi> Didn't bother to try to re-open it.
[16:36] <@NihabaAshi> Today wasn't a big deal because there was no strong support levels.
[16:37] <@NihabaAshi> However, there are some old ones much lower (I think 605's or so).
[16:38] <@NihabaAshi> If it takes that out...I'm going to spend every trading day recording the financial networks so that I can have my own personal copy of the Big Market Crash of 2009.
[16:47] <@NihabaAshi> Crazy...more than 85% of my trades today was Short positions and it was almost a losing trading day for me.
[16:48] <@NihabaAshi> Talk about frustrating trading.
[16:48] <@NihabaAshi>
[16:48] <@NihabaAshi> Take care all...hopefully tomorrow is a smoother trading day.
Session Close: Tue Mar 03 16:59:00 2009
