Session Start: Mon Mar 23 09:20:42 2009
Session Ident: #futurestrades
[09:20] * Now talking in #futurestrades
[09:20] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:30] <drt>
everyone
[09:33] <petrpe> Shorts ES @ 783.25
[09:33] <jbuch> GM
[09:35] <+petrpe> Covered all ES Short @ 781.5 --> + 1.75
[09:40] <@NihabaAshi_away> Long ES @ 785.00 -> medium size
[09:40] <@NihabaAshi_away> 4 only
[09:41] <@NihabaAshi_away> Exited all ES Long @ 784.00 --> - 1
[09:41] * NihabaAshi_away is now known as NihabaAshi
[09:43] <@NihabaAshi> Shorts ES @ 782.75 -> medium size
[09:43] <@NihabaAshi> 4 only
[09:45] <@NihabaAshi> Covered all ES Short @ 783.75 --> - 1
[09:45] <+jbuch> Long SPY @ 78.69
[09:45] <+jbuch> Exited 1/2 SPY Long @ 78.85 --> + 0.16
[09:46] <+jbuch> Exited Remainder SPY Long @ 78.7 --> + 0.01
[09:46] <@NihabaAshi> Long ES @ 783.25 -> medium size
[09:46] <@NihabaAshi> 4 only
[09:47] <@NihabaAshi>
[09:47] <@NihabaAshi> oh oh
[09:48] <@NihabaAshi> Exited all ES Long @ 783.25 --> 0
[09:48] <@NihabaAshi> Shorts ES @ 782.50 -> medium size
[09:48] <@NihabaAshi> 4 only
[09:49] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[09:50] <@NihabaAshi> Covered all ES Short @ 782.50 --> 0
[09:51] <szubaark> 10 AM Homes report
[09:51] <@NihabaAshi> Shorts ES @ 781.75 -> medium size
[09:51] <@NihabaAshi> 4 only
[09:52] <@NihabaAshi> Covered all ES Short @ 781.50 --> + 0.25
[09:54] <@NihabaAshi> Long ES @ 782.00 -> medium size
[09:54] <@NihabaAshi> 4 only
[09:54] <+szubaark> Buys ES @ 783 «« paper »»
[09:55] <+szubaark> Exited all Long ES at 783 --> 0 «« paper »»
[09:56] <+jbuch> Shorts SPY @ 78.67
[09:56] <+szubaark> Report in 4 minutes, market could be waiting on that
[09:56] <@NihabaAshi> Exited all ES Long @ 782.25 --> + 0.25
[09:57] <+jbuch> Covered 1/2 SPY Short @ 78.57 --> + 0.1
[09:58] <@NihabaAshi> Long ES @ 783.00 -> medium size
[09:58] <@NihabaAshi> 4 only
[09:58] <@NihabaAshi> tighten stop
[09:58] <+jbuch> Covered Remainder SPY Short @ 78.71 --> - 0.04
[09:59] <@NihabaAshi> trailing stop @ profit
[10:00] <+jbuch> Long SPY @ 78.96
[10:01] <@NihabaAshi> Exited 3/4 ES Long @ 789.00 --> + 6
[10:02] <+szubaark> nice catch
[10:02] <+jbuch> Exited 1/2 SPY Long @ 79..16 --> + 79..16 - 78.96
[10:02] <+jbuch> Exited 1/4 SPY Long @ 79.26 --> + 0.3
[10:07] <codehead> short ES 790.00 <paper>
[10:07] <+codehead> exit half ES +1.00 <paper>
[10:08] <+jbuch> Exited Remainder SPY Long @ 79.26 --> + 0.3
[10:08] <+codehead> exit remainder ES +1.25 <paper>
[10:12] <+szubaark> Buys ES @ 790.75 «« paper »»
[10:13] <+szubaark> Exited all Long ES at 789 --> - 1.75 «« paper »»
[10:13] <@NihabaAshi> Exited Remainder ES Long @ 789.50 --> + 6.5
[10:15] <+jbuch> Long SPY @ 79.38
[10:15] <+szubaark> Buys ES @ 791 «« paper »»
[10:16] <+jbuch> Exited 1/2 SPY Long @ 79.58 --> + 0.2
[10:16] <+szubaark> Tightening Stop
[10:17] <@NihabaAshi> Be back later...going next door to wish my neighbor good luck...he's off to Afghanistan for his 3rd tour.
[10:17] * NihabaAshi is now known as NihabaAshi_away
[10:17] <+jbuch> Exited Remainder SPY Long @ 79.68 --> + 0.3
[10:18] <+szubaark> Exited all Long ES at 793 --> + 2 «« paper »»
[10:20] <+jbuch> BBL
[10:21] <+codehead> 794.00 was 1.272 extension of o/n high to pb low
[10:26] <+petrpe> Long TF @ 413.8
[10:28] <+petrpe> Exited all TF Long @ 413 --> - 0.8
[10:31] <+petrpe> Long TF @ 413.4
[10:33] <+szubaark> Buys ES @ 793.75 «« paper »»
[10:36] <+szubaark> Tightening Stop
[10:36] <+szubaark> Exited all Long ES at 794.75 --> + 1 «« paper »»
[10:40] <+petrpe> Exited all TF Long @ 414 --> + 0.6
[10:48] <+petrpe> Shorts TF @ 414.1
[10:50] <+petrpe> Covered all TF Short @ 414.5 --> - 0.4
[10:51] <+szubaark> Buys ES @ 794 «« paper »»
[10:51] <+szubaark> Exited all Long ES at 792.25 --> - 1.75 «« paper »»
[10:52] * NihabaAshi_away is now known as NihabaAshi
[10:52] <+jbuch> Long SPY @ 79.61
[10:53] <+jbuch> Exited 1/2 SPY Long @ 79.72 --> + 0.11
[10:56] <+szubaark> Buys ES @ 794.50 «« paper »»
[10:58] <+szubaark> Tightening Stop
[10:59] <+jbuch> Exited Remainder SPY Long @ 79..99 --> + 79..99 - 79.61
[10:59] <+jbuch> Exited Remainder SPY Long @ 79.99 --> + 0.38
[10:59] <+jbuch> breakfast time BBL
[11:00] <+szubaark> Exited all Long ES at 795.50 --> + 1 «« paper »»
[11:01] <+szubaark> Buys ES @ 797 «« paper »»
[11:02] <+szubaark> Exited all Long ES at 795.50 --> - 1.5 «« paper »»
[11:02] <+szubaark>
[11:10] <+szubaark> Shorts ES @ 795 «« paper »»
[11:13] <+szubaark> Covered all Short ES at 794 --> + 1 «« paper »»
[11:13] <+szubaark> Covered all Short ES at 795 --> 0 «« paper »»
[11:17] <+szubaark> Buys ES @ 796 «« paper »»
[11:20] <+szubaark> Exited all Long ES at 794.25 --> - 1.75 «« paper »»
[11:20] <+szubaark>
[11:23] <+codehead> 798.25 a profit target, we got close, may hae to rest
[11:23] <+codehead> and get a little pb here
[11:27] <+szubaark> Buys ES @ 794 «« paper »»
[11:28] <+szubaark> intuition
[11:41] <@NihabaAshi> Long ES @ 794.75 -> small size
[11:41] <@NihabaAshi> 3 only
[11:45] <+szubaark> Tightening Stop
[11:46] <+szubaark> Weak resistance area
[11:47] <@NihabaAshi> Exited all ES Long @ 795.75 --> + 1
[11:47] <+szubaark> exit stop set ES @ 794.50 «« paper »»
[11:50] <+szubaark> exit stop set ES @ 795 «« paper »»
[11:51] <+szubaark> hopefully Volatility shows up out of nowehere soon
[11:52] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[11:52] <+jbuch> does anybody have a tick high above 2000 this morning
[11:52] <+szubaark> exit stop set ES @ 796 «« paper »»
[11:52] <+szubaark> 2000?
[11:53] <+szubaark> exit stop set ES @ 797 «« paper »»
[11:54] <+jbuch> ya at 10:02 eastern never seen it that high
[11:54] <+szubaark> exit stop set ES @ 798 «« paper »»
[11:56] <+jbuch> never mind had the wrong tick on duh
[11:56] <+szubaark>
[11:57] <+szubaark> exit stop set ES @ 799 «« paper »»
[11:57] <+szubaark> Exited all Long ES at 799 --> + 5 «« paper »»
[11:58] <+jbuch> nice szu
[11:58] <+szubaark> thanks..took me 2 tries to catch this
[11:59] <+szubaark> Daily starting to look BULLISH
[11:59] <+jbuch> everything does
)
[12:13] <+jbuch> looked a lot more bullish when I thought that the tick was hitting +2000
[12:17] <+codehead> ES hit previous regular session top
[12:26] <+jbuch> Long SPY @ 80.19
[12:28] <Flow> Shorts ES @ 798.5
[12:29] <@NihabaAshi> Second time I heard a financial netword say there's about 1 - 3 trillion dollars on the sidelines waiting to get back into the market. Money that was pulled out last year by pension plans, funds, et cetera.
[12:29] <@NihabaAshi> That's a lot of money!
[12:30] <+Flow> Covered all ES Short @ 800.0 --> - 1.5
[12:30] <@NihabaAshi> Who's in the market than...us
[12:30] <@NihabaAshi>
[12:30] <+jbuch> Exited 1/2 SPY Long @ 80.30 --> + 0.11
[12:34] <@NihabaAshi> Long ES @ 799.75 -> small size
[12:34] <@NihabaAshi> 2 only
[12:35] <@NihabaAshi> Exited all ES Long @ 798.75 --> - 1
[12:35] <+jbuch> Exited Remainder SPY Long @ 80.2 --> + 0.01
[12:36] <@NihabaAshi> poorly executed trade
[12:38] <+jbuch> Long SPY @ 80.23
[12:39] <+jbuch> Exited all SPY Long @ 80.19 --> - 0.04
[12:43] <@NihabaAshi> Long ES @ 798.50 -> small size
[12:43] <@NihabaAshi> 1 only
[12:43] <@NihabaAshi> intuition
[12:44] <@NihabaAshi> Exited ES Long @ 798.00 --> - 0.5
[13:04] <fcb98292> Long 796.5
[13:05] <+fcb98292> Exit 0, too early
[13:06] <+jbuch> Long SPY @ 80
[13:07] <+jbuch> Exited all SPY Long @ 80.02 --> + 0.02
[13:10] <+jbuch> Long SPY @ 80.09
[13:11] <+jbuch> Exited 1/2 SPY Long @ 80.19 --> + 0.1
[13:12] <+fcb98292> S 798.75
[13:12] <kosmipt> Long ES @ 798.75 «« simulator »»
[13:14] <+jbuch> Exited Remainder SPY Long @ 80.39 --> + 0.3
[13:14] <+kosmipt> Exited all ES Long @ 801 --> + 2.25 «« simulator »»
[13:15] <+kosmipt> probably will go higher
[13:18] <+fcb98292> late post, exit -1
[13:46] <+kosmipt> Long ES @ 794.50 «« simulator »»
[13:49] <+kosmipt> Exited all ES Long @ 795 --> + 0.5 «« simulator »»
[13:50] <+codehead> 790.0-790.5 is a long
[13:51] <+kosmipt> Shorts ES @ 794.50 «« simulator »»
[13:53] <+kosmipt> Covered all ES Short @ 795.50 --> - 1 «« simulator »»
[13:55] <+kosmipt> Shorts ES @ 795 «« simulator »»
[13:58] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[13:58] <+kosmipt> Shorts ES @ 793.75 -> Add «« simulator »»
[13:58] <@NihabaAshi> Shorts ES @ 794.00 -> small size
[13:58] <@NihabaAshi> 3 only
[13:59] <+kosmipt> Covered 1/2 ES Short @ 793.50 --> + 0.25 «« simulator »»
[14:00] <+kosmipt> Covered Remainder ES Short @ 794.50 --> + 0.5 «« simulator »»
[14:01] <+jbuch> Long SPY @ 79.81
[14:02] <@NihabaAshi> Covered all ES Short @ 795.75 --> - 1.75
[14:03] <+szubaark> Buys ES @ 796.25 «« paper »»
[14:03] <@NihabaAshi> Shorts ES @ 795.75 -> small size
[14:03] <@NihabaAshi> 3 only
[14:03] <+jbuch> Exited 1/2 SPY Long @ 79.93 --> + 0.12
[14:04] <@NihabaAshi> Covered all ES Short @ 796.00 --> - 0.25
[14:05] <+jbuch> Exited Remainder SPY Long @ 79.89 --> + 0.08
[14:06] <+szubaark> exit stop set ES @ 795 «« paper »»
[14:07] <@NihabaAshi> Shorts ES @ 795.50 -> small size
[14:07] <@NihabaAshi> 3 only
[14:07] <+szubaark> Exited all Long ES at 795 --> - 1.25 «« paper »»
[14:07] <winmax60> Shorts ES @ 795.25 -> small size «« simulator »»
[14:10] <+jbuch> Long SPY @ 79.89
[14:11] <@NihabaAshi> That's a 2 tick support holding ES up
[14:11] <@NihabaAshi> geeesh
[14:12] <+codehead> 796.25 is .382 bounce and they're capping it there
[14:12] <+jbuch> Exited all SPY Long @ 79.84 --> - 0.05
[14:12] <+szubaark> Tough area if you LONG OR SHORT
[14:12] <+winmax60> Covered all ES Short @ 793.25 --> + 2 «« simulator »»
[14:13] <+kosmipt> Shorts ES @ 793.75 «« simulator »»
[14:15] <+kosmipt> Covered all ES Short @ 794.25 --> - 0.5 «« simulator »»
[14:15] <+kosmipt> Shorts ES @ 793.25 «« simulator »»
[14:16] <+szubaark> Shorts ES @ 793 «« paper »»
[14:16] <@NihabaAshi> Covered all ES Short @ 793.75 --> + 1.75
[14:17] <+kosmipt> Covered all ES Short @ 794.25 --> - 1 «« simulator »»
[14:17] <+kosmipt> jeez
[14:17] <+kosmipt> missed the morning, now overtrading in the deadzone chop
[14:18] <+szubaark> Covered all Short ES at 794.50 --> - 1.5 «« paper »»
[14:30] <tomosyn57> Long SSO @ 20.27 «« simulator »»
[14:30] <+szubaark> Buys ES @ 798 «« paper »»
[14:31] <+tomosyn57> Exited 1/2 SSO Long @ 20.33 --> + 0.06 «« simulator »»
[14:31] <+kosmipt> Long ES @ 798.50 «« simulator »»
[14:31] <+szubaark> Tightening Stop
[14:31] <+szubaark> Exited all Long ES at 798 --> 0 «« paper »»
[14:33] <+tomosyn57> Exited 1/4 SSO Long @ 20.30 --> + 0.03 «« simulator »»
[14:33] <+tomosyn57> Exited Remainder SSO Long @ 20.30 --> + 0.03 «« simulator »»
[14:36] <+szubaark> Buys ES @ 799.25 «« paper »»
[14:39] <+szubaark>
[14:39] <+kosmipt> Exited all ES Long @ 798.50 --> 0 «« simulator »»
[14:40] <+szubaark> exit stop set ES @ 798 «« paper »»
[14:41] <+szubaark> Exited all Long ES at 798 --> - 1.25 «« paper »»
[14:41] <+szubaark> Shorts ES @ 798 «« paper »»
[14:42] <+kosmipt> Shorts ES @ 797.75 «« simulator »»
[14:42] <+szubaark> Covered all Short ES at 798 --> 0 «« paper »»
[14:42] <+szubaark> im sidelined..this is crap action
[14:43] <palmer> Shorts ES @ 798
[14:44] <+kosmipt> Covered all ES Short @ 799 --> - 1.25 «« simulator »»
[14:46] <+szubaark> Buys ES @ 800 «« paper »»
[14:49] <+winmax60> Shorts ES @ 800.50 -> small size «« simulator »»
[14:49] <+szubaark> Tightening Stop
[14:49] <+winmax60> Covered all ES Short @ 801.5 --> - 1 «« simulator »»
[14:50] <+tomosyn57> Long SSO @ 20.44 «« simulator »»
[14:50] <+jbuch> Long SPY @ 80.51
[14:50] <+tomosyn57> Exited 1/2 SSO Long @ 20.50 --> + 0.06 «« simulator »»
[14:50] <+szubaark> exit stop set ES @ 802 «« paper »»
[14:51] <+szubaark> exit stop set ES @ 803 «« paper »»
[14:51] <+jbuch> Exited 1/2 SPY Long @ 80.68 --> + 0.17
[14:52] <+szubaark> exit stop set ES @ 804 «« paper »»
[14:53] <+szubaark> exit stop set ES @ 805 «« paper »»
[14:53] <+tomosyn57> exit stop set SSO @ 20.6 «« simulator »»
[14:53] <+szubaark> Exited all Long ES at 805 --> + 5 «« paper »»
[14:53] <+tomosyn57> Trailing Stop Hit SSO @ 20.6 --> + 0.16 «« simulator »»
[14:54] <+jbuch> Exited 1/4 SPY Long @ 80.91 --> + 0.4
[14:59] <@NihabaAshi> Long ES @ 806.00 -> small size
[14:59] <@NihabaAshi> 3 only
[14:59] <@NihabaAshi> intuition
[15:00] <@NihabaAshi> Exited all ES Long @ 805.00 --> - 1
[15:01] <+kosmipt> Long ES @ 804.50 «« simulator »»
[15:02] <+jbuch> Exited Remainder SPY Long @ 80.69 --> + 0.18
[15:02] <@NihabaAshi> Shorts ES @ 804.00 -> small size
[15:02] <@NihabaAshi> 3 only
[15:04] <@NihabaAshi> Covered ES Short @ 805.50 --> - 1.5
[15:04] <@NihabaAshi> Reverse and Enter Long ES @ 805.50
[15:05] <+szubaark> Buys ES @ 806.50 «« paper »»
[15:05] <@NihabaAshi> Exited all ES Long @ 806.00 --> + 0.5
[15:05] <+szubaark> Exited all Long ES at 804.75 --> - 1.75 «« paper »»
[15:05] <@NihabaAshi> Lucky exit...
[15:06] <@NihabaAshi> Got long on a position reversal by accident
[15:06] <+kosmipt> i think we're not done with the rally
[15:07] <+kosmipt> will try to give my long some room
[15:08] <@NihabaAshi> Shorts ES @ 804.00 -> small size
[15:08] <@NihabaAshi> 3 only
[15:08] <@NihabaAshi> intuition
[15:09] <@NihabaAshi>
[15:11] <@NihabaAshi> Covered all ES Short @ 804.75 --> - 0.75
[15:11] <@NihabaAshi> Long ES @ 805.25 -> medium size
[15:11] <@NihabaAshi> 4 only
[15:14] <@NihabaAshi> Exited all ES Long @ 805.75 --> + 0.5
[15:14] <+szubaark> Buys ES @ 806.75 «« paper »»
[15:15] <@NihabaAshi>
[15:16] <@NihabaAshi> no re-entry...
[15:16] <@NihabaAshi> ran out of time.
[15:16] <@NihabaAshi> gotta go as usual...be back in 15mins.
[15:17] * NihabaAshi is now known as NihabaAshi_away
[15:17] <+szubaark> Tightening Stop
[15:19] <+szubaark> trying hard to shake me out
[15:19] <+szubaark> exit stop set ES @ 807 «« paper »»
[15:19] <+kosmipt> shorts are getting absolutely crushed today
[15:20] <+szubaark> bunch went Short at .61 retrace now they getting crushed
[15:21] <+szubaark> all you heard was "Short now!" we going back down
[15:22] <+szubaark> Exited all Long ES at 807 --> + 0.25 «« paper »»
[15:29] <+szubaark> Buys ES @ 808.25 «« paper »»
[15:31] <+szubaark> Tightening Stop
[15:32] <+szubaark> Exited all Long ES at 808.25 --> 0 «« paper »»
[15:38] <+szubaark> Buys ES @ 809.75 «« paper »»
[15:39] <+kosmipt> my target is 815 or get out by the close
[15:40] <+szubaark> Tightening Stop
[15:40] * NihabaAshi_away is now known as NihabaAshi
[15:40] <+szubaark> Exited all Long ES at 810.75 --> + 1 «« paper »»
[15:41] <@NihabaAshi> Long ES @ 811.75 -> small size
[15:41] <@NihabaAshi> 3 only
[15:41] <@NihabaAshi> intuition
[15:42] <@NihabaAshi> Exited all ES Long @ 812.00 --> + 0.25
[15:43] <+szubaark> tough to stay in a entry due to the retraces "just enough"
[15:44] <@NihabaAshi> Long ES @ 812.25 -> small size
[15:44] <@NihabaAshi> 3 only
[15:44] <@NihabaAshi> intuition
[15:45] <+szubaark> Buys ES @ 813 «« paper »»
[15:46] <@NihabaAshi> Exited ES Long @ 813.25 --> + 1
[15:47] <+szubaark> Exited all Long ES at 813.25 --> + 0.25 «« paper »»
[15:47] <@NihabaAshi> Long ES @ 813.25 -> small size
[15:47] <@NihabaAshi> 3 only
[15:47] <@NihabaAshi> intuition
[15:48] <@NihabaAshi> Exited all ES Long @ 812.25 --> - 1
[15:49] <+szubaark> my last Long i was getting greedy
[15:49] <@NihabaAshi> Long ES @ 812.25 -> small size
[15:49] <@NihabaAshi> 3 only
[15:50] <+kosmipt> Exited all ES Long @ 814.50 --> + 10 «« simulator »»
[15:50] <+kosmipt> ok done here
[15:51] <@NihabaAshi> Exited all ES Long @ 815.25 --> + 3
[15:51] <+jbuch> well done kos
[15:51] <+kosmipt> thx, greed is good on a day like today
[15:52] <@NihabaAshi> right back to where I started
[15:52] <+jbuch> greed is always good if your protecting your profits
)
[15:53] <+szubaark> well, today its tough to protect profits as the pullbacks make sure u got no profits
[15:54] <+szubaark> that early morning Ramp UP was the inly good one..rest been just creep higher tick by tick
[15:54] <@NihabaAshi> Long ES @ 815.75 -> small size
[15:54] <@NihabaAshi> 1 only
[15:54] <@NihabaAshi> intuition
[15:54] <+szubaark> wrbtrader caught that morning ramp up Nicely
[15:55] <@NihabaAshi> Yeah...it gave me most of my points today.
[15:55] <@NihabaAshi> After that...too much distractions and personal stuff to due.
[15:55] <+szubaark> it was sneaky because u got it at the 10am Volatility news spike
[15:55] <+kosmipt> good idea was to switch to longer timeframe in the afternoon, like 15min
[15:56] <@NihabaAshi> Had about 6 time trades today which is very unusual.
[15:56] <+kosmipt> you mean where you used time stop?
[15:56] <@NihabaAshi> Yeah...for example...
[15:57] <@NihabaAshi> Exited ES Long @ 817.00 --> + 1.25
[15:58] <@NihabaAshi> I need to be out the door 3 days per week around 3:30pm est to meet the bus that brings home my 6 year from school while spouse is already picking up the smaller one from day care.
[15:58] <@NihabaAshi> Meant 3:20pm est
[15:59] <@NihabaAshi> Simply, I exit trades (profitable or loser) early before their actual stops are hit.
[15:59] <@NihabaAshi> I then come back around 3:40pm est to trade again.
[15:59] <+tomosyn57> Long SSO @ 21.2 «« simulator »»
[15:59] <@NihabaAshi> Simply, I miss a good 20mins of trading action between that time period.
[15:59] <@NihabaAshi> NOt a big deal except on a few days per month...
[16:00] <+jbuch> Long SPY @ 82.21
[16:00] <+tomosyn57> Exited all SSO Long @ 21.25 --> + 0.05 «« simulator »»
[16:00] <@NihabaAshi> On day's like today we get a trend continuation price action in that time period.
[16:00] <+kosmipt> yeah, i remember reading in the forum you use hard catastrophy stop of around 3-4 pts but you exit with no more than 2pt loss after you lose conviction
[16:00] <+jbuch> Exited all SPY Long @ 82.31 --> + 0.1
[16:01] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20[16:01] <@NihabaAshi> Yeah...I try very hard not to take more than a -2 hit.
[16:01] <@NihabaAshi> Uphill battle when getting hit more than 2 points.
[16:02] <@NihabaAshi> Usually the price action has my mental stops anywhere between -0.50 to -2.50
[16:03] <@NihabaAshi> I'll then determine where to exit a loser anywhere within that range depending upon what the price action is showning.
[16:03] <@NihabaAshi> My hard stop of -4 points is for emergency only like the one I had over a week ago when my ISP disconnect in the middle of a trade.
[16:04] <+jbuch> When price hits those areas do you just hit the close button or move your stop to it
[16:05] <@NihabaAshi> Sometimes I just exit the loser while other times (if I have time)...I will re-adjust the hard stop to where I really want it at.
[16:05] <@NihabaAshi> The hard stop of -4 points is auto upon entry.
[16:06] <+szubaark> How do you trail once you reach your Initial target on 1st? (i know u like to catch first WRB)
[16:21] <+jbuch> Sorry got distracted. thanks for the response wrbtrader.
[18:04] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @
viewforum.php?f=20Session Close: Mon Mar 23 20:22:32 2009
