##TheStrategyLab Price Action Chat Room Logs

Session Start: Fri Mar 27 09:22:42 2009
Session Ident: #futurestrades
[09:22] * Now talking in #futurestrades
[09:22] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:22] * codehead_afk is now known as codehead
[09:23] <@NihabaAshi> Good morning all.
[09:23] <rickf> wrbtrader
[09:23] <jbuch> morning wrbtrader and everyone
[09:24] <kosmipt>
[09:31] <drt> everyone
[09:31] <gabe>
[09:52] <palmer> Long ES @ 816
[09:55] <+palmer> Exited all ES Long @ 818.5 --> + 2.5
[09:55] <szubaark> nice palmer
[09:56] <+palmer> thanks
[09:58] <+rickf> wtg
[09:59] <+palmer> Shorts ES @ 816
[10:01] <+rickf> short es 817
[10:02] <@NihabaAshi> Shorts ES @ 815.50 -> medium size
[10:02] <+szubaark> Shorts ES @ 814.75 «« paper »»
[10:02] <@NihabaAshi> 4 only
[10:02] <@NihabaAshi>
[10:02] <@NihabaAshi> Missed 816.50 entry
[10:04] <@NihabaAshi> profit target reach...
[10:04] <+rickf> exit 814 +3
[10:04] <@NihabaAshi> decision time now
[10:04] <+palmer> Covered all ES Short @ 814.50 --> + 1.5
[10:04] <+szubaark> Covered all Short ES at 814.75 --> 0 «« paper »»
[10:05] <+szubaark> another Tight opening range, its been like this All week,weird
[10:05] <@NihabaAshi> looking for an additional point lower to compensate for my late entry
[10:06] <@NihabaAshi> Covered all ES Short @ 814.75 --> + 0.75
[10:06] <@NihabaAshi> they know were the trails were at
[10:07] <+szubaark> lol
[10:08] <+szubaark> Shorts ES @ 813.25 «« paper »»
[10:09] <+szubaark> Covered all Short ES at 813 --> + 0.25 «« paper »»
[10:10] <@NihabaAshi> That's what happen when I have a poor entry...
[10:10] <@NihabaAshi> I lose my "wiggle room" to be able to stay with the trade.
[10:17] <+rickf> i hear ya wrbtrader -- those are the frustrating moments
[10:17] <+rickf> missed 2 entries by a few ticks yesterday but didnt chase them -- something i used to to with wild abandon
[10:24] <+codehead> 808.50 is gap close, 808.75 is .500--expect that to be scalpable long
[10:25] <+palmer> Shorts ES @ 816
[10:26] <+rickf> short es 815.50
[10:27] <+rickf> exit 814.50 +1
[10:29] <+rickf> i have a very tempting EUR/USD long but will not enter it going into the weekend
[10:29] <+rickf> (to followup what i mentioned yesterday)
[10:31] <szubaark_Away> Shorts ES @ 814.25 «« paper »»
[10:34] <+rickf> vol just died
[10:34] <+szubaark_Away> exit stop set ES @ 815.75 «« paper »»
[10:35] <+szubaark_Away> Covered all Short ES at 815.75 --> - 1.5 «« paper »»
[10:35] <+szubaark_Away> Buys ES @ 816.25 «« paper »»
[10:35] <+rickf> nevermind lol
[10:35] <+szubaark_Away> lol
[10:35] <+rickf> short es 817.25
[10:36] <+szubaark_Away> it appears OUT OF NOWHERE then Disappears again
[10:37] <+szubaark_Away> Exited all Long ES at 817.25 --> + 1 «« paper »»
[10:41] <+palmer> Covered all ES Short @ 816 --> 0
[10:41] <+palmer> sorry wasn't at computer
[10:42] <+codehead> short 2c ES 818.00 <paper>
[10:42] <+jbuch> Shorts SPY @ 82.16
[10:42] <+codehead> exit 1c ES +1.00 <paper>
[10:42] <+rickf> exit es 817 +.25
[10:43] <+codehead> stop on remainder 818.25
[10:43] <+rickf>
[10:43] <+codehead> stop 817.50 <paper>
[10:44] <pdays> Shorts ES @ 817.75
[10:44] <+codehead> stop 817.25 <paper>
[10:44] <+codehead> exit Es +1.50 <paper>
[10:44] <+pdays> Covered all ES Short @ 817.25 --> + 0.5
[10:45] <@NihabaAshi> Price action is lacking interest to go any where today
[10:45] <+jbuch> Covered 1/2 SPY Short @ 82.06 --> + 0.1
[10:46] <+jbuch> Covered Remainder SPY Short @ 82.03 --> + 0.13
[10:46] <+rickf> obmaa meeting with bank ceos today right?
[10:46] <+rickf> maybe waiting for a press conference or something?
[10:47] <+jbuch> BBL gotta change a diaper )))
[10:48] <+rickf> ok guys - off to the gym and run errands. back later
[10:48] <+szubaark_Away> Buys ES @ 818.50 «« paper »»
[10:49] <+szubaark_Away> Exited all Long ES at 817 --> - 1.5 «« paper »»
[10:50] <+szubaark_Away> Shorts ES @ 816.25 «« paper »»
[10:50] <+codehead> .382 retracement tapped exactly, quick pb
[10:50] <+szubaark_Away> yea looked like was gonna break
[10:52] <+szubaark_Away> Covered all Short ES at 817.75 --> - 1.5 «« paper »»
[10:52] <+szubaark_Away> (
[10:52] <+szubaark_Away> just floppin around
[10:52] <+szubaark_Away> easy to pile up Stops
[10:54] <+szubaark_Away> Buys ES @ 819 «« paper »»
[10:58] <+szubaark_Away> Exited all Long ES at 817.50 --> - 1.5 «« paper »»
[10:59] <+szubaark_Away> Shorts ES @ 817.50 «« paper »»
[11:00] <+jbuch> Long SPY @ 82.11
[11:00] <+jbuch> Exited all SPY Long @ 82.07 --> - 0.04
[11:02] <+szubaark_Away> Too Tight
[11:04] <+jbuch> Long SPY @ 81.99
[11:04] <+szubaark_Away> Covered all Short ES at 817.25 --> + 0.25 «« paper »»
[11:06] <+szubaark_Away> Shorts ES @ 818 «« paper »»
[11:06] <+szubaark_Away> intuition
[11:09] <+jbuch> Exited all SPY Long @ 82.15 --> + 0.16
[11:14] <+szubaark_Away> Covered all Short ES at 819.75 --> - 1.75 «« paper »»
[11:14] <+szubaark_Away> (((((
[11:14] <+szubaark_Away> Buys ES @ 820 «« paper »»
[11:14] <+szubaark_Away> GO!!!!!
[11:16] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[11:20] <+szubaark_Away> Exited all Long ES at 818.50 --> - 1.5 «« paper »»
[11:20] <+szubaark_Away> Shorts ES @ 818.50 «« paper »»
[11:21] <@NihabaAshi> sneaky price action right now
[11:21] <@NihabaAshi> Long ES @ 919.75 -> medium size
[11:21] <@NihabaAshi> 4 only
[11:22] <@NihabaAshi> correction
[11:22] <@NihabaAshi> Long ES @ 819.75 -> medium size
[11:24] <+szubaark_Away> wow this is choppy
[11:25] <+szubaark_Away> Covered all Short ES at 820.25 --> - 1.75 «« paper »»
[11:26] <+szubaark_Away> these stairstep type days always get me good
[11:26] <+szubaark_Away> Buys ES @ 820.75 «« paper »»
[11:26] <@NihabaAshi> Exited all ES Long @ 820.50 --> + 0.75
[11:28] <+szubaark_Away> Exited all Long ES at 819 --> - 1.75 «« paper »»
[11:28] <+szubaark_Away> Shorts ES @ 819 «« paper »»
[11:30] <+jbuch> Long SPY @ 82.21
[11:31] <+palmer> Shorts ES @ 818.50
[11:32] <+jbuch> Exited all SPY Long @ 82.21 --> 0
[11:45] <+szubaark_Away> Covered all Short ES at 820.50 --> - 1.5 «« paper »»
[11:45] <+szubaark_Away> damn
[11:47] <+szubaark_Away> Buys ES @ 821 «« paper »»
[11:49] <+szubaark_Away> Exited all Long ES at 820 --> - 1 «« paper »»
[11:54] <@NihabaAshi> We're not the far from the Open price.
[11:55] <+szubaark_Away> Why is this Price Action so choppy?
[11:55] <+szubaark_Away> same as yersturday
[11:55] <+szubaark_Away> any News?
[11:55] <+szubaark_Away> this is untradable (in hindsight now)
[11:55] <+szubaark_Away> Shorts ES @ 819.50 «« paper »»
[11:59] <+jbuch> Long SPY @ 82.24
[12:02] <+szubaark_Away> Covered all Short ES at 819.50 --> 0 «« paper »»
[12:05] <+jbuch> Exited all SPY Long @ 82.35 --> + 0.11
[12:05] <+jbuch> got out a millisecond before the pop
[12:10] <+szubaark_Away> Shorts ES @ 820.75 «« paper »»
[12:12] <+codehead> still protecting .500
[12:25] <+jbuch> Long SPY @ 82.03
[12:30] <+codehead> note ES trying to hold here, at .500 retracement exactly
[12:31] <+szubaark_Away> Covered all Short ES at 817.75 --> + 3 «« paper »»
[12:32] <+jbuch> Exited 1/2 SPY Long @ 82.12 --> + 0.09
[12:41] <+jbuch> Exited Remainder SPY Long @ 81.33 --> - 0.7
[12:41] <+jbuch> Long SPY @ 82.02
[12:42] <@NihabaAshi> volatility is dead
[12:42] <@NihabaAshi> I now have fear that if I take a break from trading...the real price action will show up while I'm gone.
[12:43] <@NihabaAshi> Oh well...nothing has stopped me before in the past from doing such.
[12:43] <@NihabaAshi> On that note...be back later
[12:43] <@NihabaAshi> My eyes can't take staring at the computer monitor one more minute.
[12:43] * NihabaAshi is now known as NihabaAshi_away
[12:46] <TraderG> does any one know how to adjust the TIMESTAMP on mirc? I installed the latest version and I am one hour behind now.
[12:46] <+jbuch> Exited 1/2 SPY Long @ 82.19 --> + 0.17
[12:47] <+jbuch> finally that was brutal
[12:48] <+jbuch> Exited 1/4 SPY Long @ 82.25 --> + 0.23
[12:51] <+jbuch> Exited Remainder SPY Long @ 82.09 --> + 0.07
[12:52] <+jbuch> good times
[12:55] <+jbuch> Shorts SPY @ 82
[12:59] <+jbuch> Covered 3/4 SPY Short @ 81.81 --> + 0.19
[12:59] <+pdays> Long ES @ 814.5
[13:00] <+pdays> Exited all ES Long @ 815.0 --> + 0.5
[13:03] <+jbuch> Covered Remainder SPY Short @ 81.91 --> + 0.09
[13:06] <+jbuch> thats about right
[13:07] <+jbuch> Long SPY @ 81.8
[13:08] <+jbuch> Exited all SPY Long @ 81.79 --> - 0.01
[13:09] <+jbuch> Long SPY @ 81.76
[13:11] <+jbuch> Exited all SPY Long @ 81.76 --> 0
[13:16] <+jbuch> Long SPY @ 81.75
[13:18] <winmax60> Long ES @ 814.5 -> small size «« simulator »»
[13:21] <+jbuch> Exited all SPY Long @ 81.8 --> + 0.05
[13:22] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[13:24] <+jbuch> Shorts SPY @ 81.86
[13:27] <+jbuch> Covered all SPY Short @ 81.82 --> + 0.04
[13:30] <+jbuch> Shorts SPY @ 81.89
[13:31] <+winmax60> Exited all ES Long @ 814.5 --> 0 «« simulator »»
[13:31] <+szubaark_Away> Shorts ES @ 814.50 «« paper »»
[13:32] <+jbuch> Covered all SPY Short @ 81.88 --> + 0.01
[13:32] <+szubaark_Away> Covered all Short ES at 816 --> - 1.5 «« paper »»
[13:32] <+winmax60> Long ES @ 816 -> small size «« simulator »»
[13:34] <+winmax60> Exited all ES Long @ 818 --> + 2 «« simulator »»
[13:35] <+szubaark_Away> Shorts ES @ 817 «« paper »»
[13:41] <+jbuch> Shorts SPY @ 81.77
[13:42] <+szubaark_Away> Covered all Short ES at 812 --> + 5 «« paper »»
[13:45] <+jbuch> Covered all SPY Short @ 81.5 --> + 0.27
[13:45] <+jbuch> nice catch up there szu
[13:46] <+szubaark_Away> thanks....
[13:46] <+codehead> gap fill is 808.50
[13:46] <+codehead> 88.75 is .500 retracement
[13:48] <+jbuch> any body know what the news was
[13:53] <+szubaark_Away> Shorts ES @ 810 «« paper »»
[13:54] <JimL> only recent news I saw was misc comment from Bailout bankers mtg with Obama
[13:56] <+jbuch> thnks jim
[13:57] <+jbuch> Long SPY @ 81.41
[14:00] <+jbuch> Exited 1/2 SPY Long @ 81.49 --> + 0.08
[14:00] <+jbuch> Exited 1/4 SPY Long @ 81.59 --> + 0.18
[14:02] * NihabaAshi_away is now known as NihabaAshi
[14:02] <+jbuch> Exited Remainder SPY Long @ 81.42 --> + 0.01
[14:03] <@NihabaAshi> Shorts ES @ 810.75 -> small size
[14:03] <@NihabaAshi> 3 only
[14:03] <+jbuch> Long SPY @ 81.41
[14:04] <+jbuch> Exited 1/2 SPY Long @ 81.48 --> + 0.07
[14:05] <@NihabaAshi> Covered all ES Short @ 811.75 --> - 1
[14:05] <@NihabaAshi> Long ES @ 812.00 -> small size
[14:05] <@NihabaAshi> 3 only
[14:05] <+jbuch> Exited 1/4 SPY Long @ 81.59 --> + 0.18
[14:06] <+szubaark_Away> exit stop set ES @ 813.50 «« paper »»
[14:07] <+szubaark_Away> needs to hold here
[14:07] <@NihabaAshi> Exited all ES Long @ 812.25 --> + 0.25
[14:10] <+jbuch> Exited Remainder SPY Long @ 81.59 --> + 0.18
[14:11] <+jbuch> moved my stop up to soon
[14:11] <+szubaark_Away> Covered all Short ES at 813.50 --> - 3.5 «« paper »»
[14:11] <+szubaark_Away> Buys ES @ 813.50 «« paper »»
[14:11] <+szubaark_Away> probobly just a Stop run
[14:19] <+jbuch> Shorts SPY @ 81.78
[14:20] <@NihabaAshi> Long ES @ 813.75 -> small size
[14:20] <@NihabaAshi> 3 only
[14:20] <+rickf> back
[14:21] <@NihabaAshi> Exited all ES Long @ 813.50 --> - 0.25
[14:21] <+jbuch> Covered 1/2 SPY Short @ 81.71 --> + 0.07
[14:21] <+jbuch> Covered Remainder SPY Short @ 81.81 --> - 0.03
[14:22] <@NihabaAshi> Long ES @ 815.00 -> small size
[14:22] <@NihabaAshi> 3 only
[14:22] <@NihabaAshi> pin ball machine price action
[14:23] <@NihabaAshi> Exited all ES Long @ 816.25 --> + 1.25
[14:23] <+szubaark_Away> 818 next Resistance level
[14:25] <+jbuch> Shorts SPY @ 82
[14:26] <+jbuch> Covered all SPY Short @ 81.9 --> + 0.1
[14:26] <+jbuch> late
[14:27] <+jbuch> Shorts SPY @ 81.99
[14:29] <+jbuch> Covered 1/2 SPY Short @ 81.91 --> + 0.08
[14:31] <+jbuch> Covered 1/4 SPY Short @ 81.81 --> + 0.18
[14:31] <+winmax60> Shorts ES @ 814.5 -> small size «« simulator »»
[14:32] <+winmax60> Covered all ES Short @ 813.5 --> + 1 «« simulator »»
[14:33] <+jbuch> Covered Remainder SPY Short @ 81.65 --> + 0.34
[14:36] <+rickf> Uh oh....Barry Ritholtz has a new prediction...
[14:36] <+rickf> Quadruple Confirmed Evil Knievel Formation
[14:37] <+rickf> http://www.ritholtz.com/blog/2009/03/qu ... formation/
[14:37] <+rickf> can't say i disagree either after the past few weeks, honestly
[14:37] <+rickf> (sorry, couldn't resist)
[14:38] <+jbuch> he seems to be a wise man
[14:38] <+rickf> and in other news, dylan ratigan is leaving cnbc
[14:38] <+jbuch> )
[14:38] <+rickf> yeah, ritholtz does do some good analysis
[14:38] <+jbuch> oh no not dylan
[14:39] <+rickf> effective today -- he had a major tiff last night
[14:39] <+jbuch> thats it no more cnbc for me
[14:39] <+rickf> lol
[14:40] <+jbuch> I actually do like him on fast money especially compared to the rest of the talking heads on CNBC
[14:40] <+rickf> he made sense when he was calm and composed - some of his commentaries were spot on
[14:40] <+rickf> but annoying how he fell in love w/his own voice and kept talking over everyone during interviews
[14:40] <+rickf> owell
[14:41] <+jbuch> that can be said about everyone on cnbc though )
[14:41] <+rickf> dont get me started lol
[14:42] <+jbuch> same here I turned it off a couple of months ago and only fast money for the comedy affect every once in a while.
[14:44] <+rickf> fast money is background noise when i make dinner ... decent summary of the day, but by 5:20 or so i switch it off
[14:45] <+jbuch> Shorts SPY @ 81.69
[14:45] <+jbuch> Covered 1/2 SPY Short @ 81.61 --> + 0.08
[14:46] <+jbuch> chasing
[14:47] <+jbuch> Covered Remainder SPY Short @ 81.65 --> + 0.04
[14:48] <+jbuch> their it goes. oh well
[14:49] <+jbuch> here it comes
[14:50] <+jbuch> never mind there it goes
[14:51] <+jbuch> what a trainwreck
[14:51] <+rickf>
[14:51] <+szubaark_Away> this has to be worst week of price action since this year
[14:52] <+rickf> if you were there it was okay - but like 80% of the week was horrible i think
[14:52] <+szubaark_Away> is this week Quadruple Witching week?
[14:52] <+rickf> last week
[14:52] <+szubaark_Away> last week was smooth
[14:52] <+rickf> SDS hedge back -- 100 shares @ 74.50 avg cost
[14:52] <+szubaark_Away> tells u cant predict this market
[14:53] <+codehead> note the tops, 821.50, 818.75, 817.00 in a line
[14:53] <+codehead> chopping here past few 5 min bars
[14:53] <+codehead> major wicks, tiny bodies
[14:54] <+jbuch> I think that tues and wed were the best days of the year and yesterday and today are two of th e worst
[14:55] <+jbuch> Long SPY @ 81.65
[14:57] <+JimL> run spy run
[14:57] <+jbuch> Exited 1/2 SPY Long @ 81.89 --> + 0.24
[14:58] <+rickf> jb - yeah, and i missed most of the action ;(
[14:58] <+szubaark_Away> i say we gonna close gap
[14:58] <+rickf> last hour
[14:59] <+jbuch> Exited 1/4 SPY Long @ 81.99 --> + 0.34
[15:01] <+szubaark_Away> here it goes
[15:01] <+szubaark_Away> Tightening Stop
[15:01] <+rickf> short es 818
[15:01] <+jbuch> Exited Remainder SPY Long @ 82.19 --> + 0.54
[15:01] <+jbuch> should keep it but I am tired.
[15:09] <+rickf> exit 1/2 816,75 +1.25
[15:10] <+rickf> h2
[15:10] <+jbuch> h2
[15:10] <+rickf> holding 2
[15:10] <+rickf> had 4, closed 2
[15:11] <+jbuch> nice
[15:11] <+rickf> ty
[15:12] <+codehead> btw, 820.00 was exactly .500 retracment, today's hod to lod
[15:12] <+rickf> exit remainder 817 +1
[15:12] <+rickf> still looking lower but taking too long
[15:12] <+codehead> i messed up, noticed that when the lod was made, got distracted, intended ot have a short loaded 819.75 :-/
[15:12] <+rickf> not gonna risk a vol spike
[15:12] <+szubaark_Away> Fibs working nicely TODAY
[15:13] <+codehead> yep
[15:13] <+codehead> especially .500
[15:13] <+szubaark_Away> some days they'll send you to poor house
[15:13] <+codehead> which isn't fib of course, but the inverse of a fib ;-)
[15:13] <+rickf> i never know when to re-draw the fibs ...ie each major high, every hour, etc
[15:13] <+rickf> just seemed like more effort than it was worth to me
[15:13] <+codehead> basically, rick, the obvious points
[15:13] <+codehead> i use software that keeps them updated tho, helps
[15:14] <+rickf> maybe if i had auto updating, yeah that would help
[15:14] <+jbuch> Shorts SPY @ 82.1
[15:14] <+codehead> earlier today, 821.00 was .500 of yesterday close (which was a major target, btw, 830.50) to today's earlier lod
[15:14] <+codehead> and we saw cap at 821.50
[15:15] <+codehead> then as it starts down after triple topping there, you calc the fib from that to any new low
[15:15] <+codehead> for bounce targets
[15:15] <+jbuch> Covered all SPY Short @ 81.91 --> + 0.19
[15:15] <+codehead> .500 a goodie today, even for minor retracements on smaller intraday moves
[15:16] <+rickf> dammit i KNEW that break down was going to happen
[15:16] <+rickf> owell - out and green, no scream
[15:16] <+jbuch>
[15:17] <+szubaark_Away> i need to see Serious re-test of 820 before i do something with my Long..screw the noise
[15:17] <+jbuch> AND RIGHT BACK UP
[15:17] <+codehead> note that bounce try at 815.00 here is a tick above .500 (lod to bounce high 820.00)
[15:20] <+szubaark_Away> thing with the eminis one needs to seperate THE NOISE from real price action
[15:21] <+szubaark_Away> all the stop running,fakeouts/whipsaws
[15:21] <+szubaark_Away> ive been using way too tight Stops this week as Volatility declined, and PAID PRICE
[15:21] <+szubaark_Away> I ciudnt adjust in time
[15:22] <+rickf> i had 5 point catastrophic stops only
[15:22] <+jbuch> Long SPY @ 82
[15:22] <+szubaark_Away> im Targeting new highs shortly
[15:22] <+szubaark_Away> will watch 820 re-test action
[15:23] <+jbuch> Exited 1/2 SPY Long @ 82.1 --> + 0.1
[15:24] <+jbuch> Exited Remainder SPY Long @ 81.99 --> - 0.01
[15:24] <+szubaark_Away> hehe..of course we need to chop some more
[15:26] <+szubaark_Away> Exited all Long ES at 813.50 --> 0 «« paper »»
[15:27] <+szubaark_Away> SLIME
[15:27] <tomosyn57> Shorts SSO @ 20.95
[15:28] <+szubaark_Away> Buys ES @ 814.25 «« paper »»
[15:28] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[15:29] <+jbuch> Long SPY @ 81.79
[15:29] <+tomosyn57> Covered Remainder SSO Short @ 20.96 --> - 0.01
[15:30] <+jbuch> Exited all SPY Long @ 81.86 --> + 0.07
[15:30] <+codehead> szu, i thought you were long 813 something a while back?
[15:31] <+codehead> did i miss your exit...
[15:31] <+szubaark_Away> got out
[15:31] <+szubaark_Away> [15:27] > Exited all Long ES at 813.50 --> 0 «« paper »»
[15:31] <+szubaark_Away> [15:27] > SLIME
[15:31] <+szubaark_Away> hit my trail..
[15:31] <+codehead> ok ic
[15:33] <@NihabaAshi> Long ES @ 816.00 -> small size
[15:33] <@NihabaAshi> 2 only
[15:33] <+codehead> dang, hit you on the nose
[15:33] <+jbuch> Long SPY @ 81.83
[15:34] <+rickf> short es 814.50 1 ct
[15:35] <@NihabaAshi> Exited ES Long @ 814.75 --> - 1.25
[15:35] <@NihabaAshi> Reverse and Enter Short ES @ 814.75
[15:35] <+jbuch> Exited all SPY Long @ 81.82 --> - 0.01
[15:35] <+tomosyn57> Shorts SSO @ 20.92
[15:35] <+szubaark_Away> one more shakeout?
[15:35] <@NihabaAshi> don't you just hate it when within "seconds" after entry your down more than a point
[15:35] <+rickf> exit 812.25 +2.25
[15:35] <+szubaark_Away> Exited all Long ES at 812.25 --> - 2 «« paper »»
[15:35] <+szubaark_Away> or 2
[15:36] <@NihabaAshi> I much prefer to be up more than a point within "seconds" after entry
[15:36] * +rickf figures great trade, only 1 contract
[15:36] <+tomosyn57> exit stop set SSO @ 20.90
[15:36] <+jbuch> Long SPY @ 81.59
[15:37] <+tomosyn57> exit stop lowered SSO @ 20.88
[15:37] <+tomosyn57> Trailing Stop Hit SSO @ 20.88 --> + 0.04
[15:38] <@NihabaAshi> Covered all ES Short @ 812.50 --> + 2.25
[15:39] <+rickf> vn wrbtrader
[15:39] <+szubaark_Away> Buys ES @ 813 «« paper »»
[15:39] <+rickf> 2.25 is my favorite target
[15:40] <+szubaark_Away> Exited all Long ES at 811.25 --> - 1.75 «« paper »»
[15:40] <+szubaark_Away> Shorts ES @ 811.25 «« paper »»
[15:40] <+tomosyn57> Shorts SSO @ 20.8
[15:40] <+jbuch> Exited all SPY Long @ 81.59 --> 0
[15:40] <+szubaark_Away> damn
[15:40] <+szubaark_Away> getting hammared today
[15:41] <+szubaark_Away> i feel burned out
[15:41] <+rickf> (
[15:41] <+rickf> tough week
[15:41] <+jbuch> Long SPY @ 81.6
[15:41] <+tomosyn57> Covered all SSO Short @ 20.85 --> - 0.05
[15:41] <+szubaark_Away> Covered all Short ES at 813.50 --> - 2.25 «« paper »»
[15:42] <+szubaark_Away> im done..not touching this crap rest of day
[15:42] <+jbuch> Exited all SPY Long @ 81.79 --> + 0.19
[15:44] <gabe> Long ES @ 813.50
[15:44] <+gabe> Exited all ES Long @ 814.50 --> + 1
[15:46] <@NihabaAshi> Long ES @ 814.25 -> small size
[15:46] <@NihabaAshi> 2 only
[15:46] <@NihabaAshi> poor entry
[15:47] <@NihabaAshi> Exited all ES Long @ 815.25 --> + 1
[15:48] <@NihabaAshi> lucky trade because it was also a trade error
[15:54] <+jbuch> Shorts SPY @ 81.79
[15:55] <+tomosyn57> Shorts SSO @ 20.9
[15:55] <+jbuch> Covered 1/2 SPY Short @ 81.61 --> + 0.18
[15:55] <+tomosyn57> exit stop set SSO @ 20.85
[15:56] <+tomosyn57> exit stop lowered SSO @ 20.83
[15:56] <+jbuch> Covered 1/4 SPY Short @ 81.41 --> + 0.38
[15:57] <+tomosyn57> exit stop lowered SSO @ 20.78
[15:58] <@NihabaAshi> It dropped down to 1 tick away from the lows...geeesh.
[15:59] <+tomosyn57> Trailing Stop Hit SSO @ 20.78 --> + 0.12
[15:59] <+jbuch> Covered Remainder SPY Short @ 81.51 --> + 0.28
[16:00] <+rickf> ding
[16:00] <@NihabaAshi> Long ES @ 814.00 -> small size
[16:00] <@NihabaAshi> 1 only
[16:02] <@NihabaAshi> I think I've made every silly trading mistake I can think of involving the last 3 trades today.
[16:03] <+rickf> you?
[16:03] <+rickf> we all have stupid days don't we?
[16:03] <@NihabaAshi> Exited ES Long @ 814.25 --> + 0.25
[16:04] <@NihabaAshi> Another lucky exit...thought I would get more lucky around 815.00
[16:04] <+rickf> were they trade errors or execution errors wrbtrader?
[16:04] <@NihabaAshi> Here's an example...
[16:04] <@NihabaAshi> Going into the close I prefer to have my charts on the "globex" (all session) setting and not the regular session setting.
[16:05] <@NihabaAshi> My data provider stops the data @ 4pm est when I leave it on the regular session setting.
[16:05] <@NihabaAshi> I left in on the reg session and thought I was on the all session setting.
[16:06] <@NihabaAshi> Thus, I jumped on an entry while at 812.25
[16:06] <+rickf> ah
[16:06] <@NihabaAshi> In reality...my charts we're moving...got filled at 814.00
[16:06] <@NihabaAshi>
[16:07] <+rickf> yeah i see
[16:07] <+rickf> for me it's when i change chart resolution ... ie going from 512 to 1600t .... and get conflicting signals during quirky markets
[16:08] <@NihabaAshi> Problem easily fix if I re-do my broker platform by showing the actual quotes towards the end of the day (I keep it too small to make room for my spreedsheet).
[16:08] <+rickf> ok - easy fix
[16:10] <@NihabaAshi> Take care all and have a good weekend...another range day survival
[16:10] <+rickf> you too wrbtrader
[16:10] * NihabaAshi is now known as NihabaAshi_away
[16:10] <+rickf> have a good w/e
[16:14] <+rickf> ok guys i'm outta here - have a good one, rest up, see y'all next week!
Session Close: Fri Mar 27 16:57:34 2009