##TheStrategyLab Price Action Chat Room Logs http://www.thestrategylab.com/ftchat/forum/ | |
April 16th Thursday 2009 http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=50&t=166 |
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Author: | wrbtrader [ Thu Apr 16, 2009 5:28 pm ] |
Post subject: | April 16th Thursday 2009 |
Session Start: Thu Apr 16 08:52:13 2009 Session Ident: #futurestrades [08:52] * Now talking in #futurestrades [08:52] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread. [08:55] <rickf> ![]() [08:57] <pat255> ![]() [09:01] <+rickf> hiya [09:02] * codehead_afk is now known as codehead [09:30] <drt> ![]() [09:31] * Reno-Away is now known as Reno [09:35] <+Reno> Long ES @ 853 «« paper »» [09:36] <+Reno> Exited all ES Long @ 851.50 --> - 1.5 «« paper »» [09:37] * Forex2stay_Away is now known as Forex2stay [09:38] <+Reno> Long ES @ 852.50 «« paper »» [09:38] <pdays> Shorts TF @ 464.2 [09:38] <+pdays> Covered all TF Short @ 461.4 --> + 2.8 [09:40] <+rickf> exit stop on ZG (gold) from yesterday moved to 886 (+6) [09:41] <+Reno> Exited all ES Long @ 851.50 --> - 1 «« paper »» [09:42] <szubaark> Shorts ES @ 850.50 «« paper »» [09:43] <+rickf> long es 851 [09:44] <+szubaark> Covered all Short ES at 850.50 --> 0 «« paper »» [09:46] <+drt> l es 49 [09:47] <+pat255> L 49.5 [09:47] <+drt> cl es 49 [09:47] <+pat255> out -1 [09:48] <+rickf> long es 848 (add) [09:53] <@NihabaAshi> Long ES @ 847.50 -> medium size [09:53] <@NihabaAshi> 4 only [09:55] <@NihabaAshi> trailing stop @ profit [09:55] <+drt> s es 48.75 [09:56] <+szubaark> Buys ES @ 849.50 «« paper »» [09:56] <@NihabaAshi> Exited all ES Long @ 849.00 --> + 1.5 [09:57] <+rickf> exit es 849.25 -.25 [09:57] <+Reno> Shorts ES @ 848.75 «« paper »» [09:58] <+Reno> Covered all ES Short @ 850.25 --> - 1.5 «« paper »» [09:58] <+rickf> did it again [09:58] <+rickf> early entry, happy with a .25 loss on the pos, and 1 min later it would have been profitable and moved where i expected it [09:58] <+rickf> ![]() [09:59] <+Reno> Shorts ES @ 849.75 «« paper »» [10:00] <+Reno> Covered all ES Short @ 851.25 --> - 1.5 «« paper »» [10:00] <+Reno> geez [10:00] <+szubaark> Exited all Long ES at 849.75 --> + 0.25 «« paper »» [10:01] <+szubaark> too damn jumpy [10:01] <TraderG> news [10:01] <+drt> cs es 47.75 [10:04] <+Reno> Shorts ES @ 848 «« paper »» [10:05] <+rickf> ok maybe not ... i got out ok [10:05] <+szubaark> Buys ES @ 847 «« paper »» [10:08] <+szubaark> Exited all Long ES at 846 --> - 1 «« paper »» [10:08] <+szubaark> Shorts ES @ 846 «« paper »» [10:08] <+rickf> xit stop on ZG (gold) from yesterday moved to 884 (+8) [10:10] <+szubaark> ![]() [10:17] <+drt> s es 47.75 [10:21] <+Reno> Covered all ES Short @ 849.50 --> - 1.5 «« paper »» [10:22] <@NihabaAshi> Shorts ES @ 849.25 -> small size [10:22] * Reno is now known as Reno-Away [10:22] <@NihabaAshi> 2 only [10:23] <@NihabaAshi> Covered all ES Short @ 849.00 --> + 0.25 [10:24] <+codehead> short ES 2c 849.00 <paper> [10:24] <@NihabaAshi> Shorts ES @ 849.00 -> small size [10:24] <+codehead> stop 851.0 [10:24] <@NihabaAshi> 2 only [10:24] <+codehead> exit 1c +1.0 <paper> [10:24] <+codehead> stop remainder b/e [10:25] <+drt> cs es 47.50 [10:26] <@NihabaAshi> Covered all ES Short @ 848.75 --> + 0.25 [10:26] <+codehead> stopped remainder b/e <paper> [10:32] <+codehead> short 2c ES 850.75 <paper> [10:32] <+codehead> at 851.5 touch, i look for exit [10:34] <jbuch> morning all [10:34] <+codehead> exit +.50 <paper> [10:34] <@NihabaAshi> Shorts ES @ 850.25 -> small size [10:34] <@NihabaAshi> 1 only [10:34] <+rickf> ![]() [10:35] <+rickf> exit stop on ZG (gold) from yesterday moved to 882 (+10) [10:35] <@NihabaAshi> Covered ES Short @ 849.50 --> + 0.75 [10:35] <+pat255> zg futs? [10:35] <+rickf> yep [10:36] <+pat255> ty [10:36] <+rickf> easier to trade than the gld etf ![]() [10:48] <+rickf> back in a while [10:49] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20 [10:57] <@NihabaAshi> Shorts ES @ 844.25 -> small size [10:57] <@NihabaAshi> 2 only [10:58] <@NihabaAshi> oh oh [10:59] <@NihabaAshi> Covered ES Short @ 844.50 --> - 0.25 [10:59] <@NihabaAshi> Reverse and Enter Long ES @ 844.50 [10:59] <@NihabaAshi> 2 only [11:00] <@NihabaAshi> Exited all ES Long @ 845.00 --> + 0.5 [11:10] <+codehead> short ES 2c 847.00 <paper> [11:10] <+codehead> 847.25 is .500 bounce [11:11] <+codehead> at 848.75 i look for exit [11:11] <+szubaark> each new low is bought pretty hard [11:19] <+codehead> exit ES +.25 <paper> [11:19] <+codehead> taking too long [11:19] <+codehead> short 1c ES 846.75 <paper> [11:19] <+codehead> 1 pt stop [11:20] <+codehead> exit -.25 <paper> [11:21] <kosmipt> buy limit to enter long ES @ 843.50 «« simulator »» [11:22] <+codehead> stuck between levels [11:34] <+codehead> short 2c ES 848.0 <paper> [11:34] <+codehead> look for exit if 849.25 at latest [11:48] <+codehead> short ES 2c 850.0 <paper> [11:48] <+szubaark> weird just tagged previous swing highs in a downtrend [11:50] <+codehead> 8soory, typo--851.0 short <paper> [11:52] <+codehead> exit half ES +1.00 <paper> [11:52] <+codehead> stop on remainder 851.75 <paper> [11:54] <+kosmipt> cancelled all open limit orders «« simulator »» [11:56] <+codehead> exit flat remainder ES <paper> [11:57] <+szubaark> back to Open Range after looking so Bearish, amazing [11:58] <+codehead> short 1c ES 850.75 <paper> [11:58] <+codehead> hard stop 852.25, but at 851.75 touch i look for scratch exit [12:00] <+kosmipt> Shorts ES @ 850.50 «« simulator »» [12:06] <+codehead> exit ES +1.0 <paper> [12:09] <+jbuch> Long SPY @ 85.46 [12:13] <+jbuch> Exited all SPY Long @ 85.66 --> + 0.2 [12:15] <+jbuch> that sucked I had 400 qued but only got filled on 200 [12:16] <+szubaark> we are due for a pullback, just ran +10 ES Points straight up [12:17] <+szubaark> problem is getting good entries ![]() [12:17] <+jbuch> I don't know how many times I have said that in the last week [12:22] <+jbuch> and instead of selling at my profit target which it went past it came down 5 cents and tagged me out at my protective stop. WTF [12:23] <+jbuch> Exited all SPY Long @ 85.61 --> + 0.15 [12:25] <+szubaark> this could be the long overdue pullback [12:26] <+jbuch> Does anyone have any experiance with Ym [12:27] <@NihabaAshi> Yes [12:27] <@NihabaAshi> But not in this type of market conditions...it's been over 2 years since I've traded YM [12:28] <+kosmipt> Covered all ES Short @ 849.50 --> + 1 «« simulator »» [12:29] <+jbuch> It seems as though it is a little spikier then the ES but other than that very sim [12:30] <+szubaark> dont let it fool you ![]() [12:30] <+jbuch> did you ever have any problem with fills wrbtrader [12:30] <+kosmipt> i personally don't see much difference between ES and YM except tick size and liquidity [12:33] <+jbuch> I am sure that is all the same moves will watch it for a few days and get a feal for it [12:33] <+jbuch> feal= feel [12:44] <+Reno-Away> Long ES @ 850.25 «« paper »» [12:45] * Reno-Away is now known as Reno [12:46] <+kosmipt> quick pop [12:46] <+szubaark> yea suspicious [12:49] <+szubaark> we still havent re-tested 11am Lows [12:49] <+szubaark> twilight zone price action ![]() [12:52] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20 [12:52] <+rickf> back and lurking [12:52] <+Reno> not many opportunitities today [12:52] <+rickf> hence the lurking ![]() [12:53] <+kosmipt> Long ES @ 852.75 «« simulator »» [12:53] <+kosmipt> chasing a little bit [12:54] <+szubaark> High test more likely now..just crazy market [12:54] <+kosmipt> yup, hopefully test of 855 [12:54] <+kosmipt> expecting this long to work right away [12:55] <+szubaark> so IF u got Long@843 u up now +10 Points,nice [12:57] <+szubaark> taking break..expecting Brutal Chop and ![]() [12:57] * szubaark is now known as szubaark_away [13:02] <+Reno> Long ES @ 853.75 -> Add «« paper »» [13:06] <+codehead> short 854.50 ES <paper> [13:06] <+codehead> stop 855.25 <paper> [13:06] <+kosmipt> Exited all ES Long @ 853.75 --> + 1 «« simulator »» [13:07] <+kosmipt> not enough power to continue this momentum [13:07] <+codehead> exit half ES +1.0 <paper> [13:11] <+codehead> first target 851.75 [13:12] <+Reno> Exited all ES Long @ 852.50 --> + 1 «« paper »» [13:12] <+codehead> exit ES remainder +2.0 <paper> [13:15] <+kosmipt> Shorts ES @ 853 «« simulator »» [13:19] <+kosmipt> Covered all ES Short @ 852.50 --> + 0.5 «« simulator »» [13:20] <+Reno> my njtrader data is down [13:20] <+kosmipt> ninjatrader? [13:20] <+Reno> yes [13:20] <+kosmipt> what data feed do you use? [13:21] <+Reno> sorry, meant zen-fire [13:21] <+Reno> I use njtrader [13:21] <+kosmipt> my zenfire datafeed OK [13:21] <+Reno> strange [13:22] <+Reno> thanks for the update kos [13:22] <+kosmipt> np [13:27] <+Reno> Shorts ES @ 853.50 «« paper »» [13:31] <+codehead> short 1c ES 853.75 <paper> stop 855.25 [13:35] <+codehead> exit ES +2.0 <paper> [13:38] <+Reno> Covered all ES Short @ 852 --> + 1.5 «« paper »» [13:38] <+szubaark_away> nice shorts guys [13:38] <+Reno> thanks [13:39] <+rickf> vn [13:44] <+Reno> Long ES @ 850.25 «« paper »» [13:52] <+jbuch> Long SPY @ 84.45 [13:53] <+jbuch> Exited all SPY Long @ 85.55 --> + 1.1 [13:54] <+jbuch> ahh that looks good [13:54] <+rickf> wtg [13:54] <+jbuch> entry was at 85.45 not 84.45 [13:55] <+Reno> Exited all ES Long @ 849.50 --> - 0.75 «« paper »» [13:56] <+Reno> should got out early like jbuch [13:57] <+jbuch> lucky [13:58] <+kosmipt> Long ES @ 851 «« simulator »» [13:59] <+jbuch> strong down move thought that it would retest the breakout and give a second entry [13:59] <+jbuch> which it did but how do you catch something like this [14:00] <+kosmipt> Exited all ES Long @ 852 --> + 1 «« simulator »» [14:00] <+szubaark_away> right,it all looks easy on end of day charts, realtime is a whole new ballgame [14:01] <+jbuch> hard to get the rythem off the market the last couple of weeks [14:04] <+rickf> jb - yes indeed [14:05] <+Reno> Shorts ES @ 852.50 «« paper »» [14:05] <+szubaark_away> at major areas u have to have yur orders ready since the Whole World will be trying to get in [14:06] <+Reno> Covered all ES Short @ 853.75 --> - 1.25 «« paper »» [14:06] <+jbuch> huge vol spike [14:07] <+szubaark_away> yea u would expect follothru so if u chased u &*(&^% [14:07] <+rickf> the weekly and daily SPX chart looks rather ominous to me [14:08] <+rickf> the past month's run up puts it back "in the box" retracement wise [14:09] <+jbuch> almost never see follow through on a big spike runs out of steam. usually sideways or retracement to pick up more troops. [14:10] <+szubaark_away> thats usually your confirmation but the bar is usually huge for Stop ![]() [14:11] <+Reno> Long ES @ 853.50 «« paper »» [14:11] <+szubaark_away> AHG method would tell you to go Long on that Spike (1-2-3) but look how frikin big that bar is [14:12] <+jbuch> better to wait for the retracement and then try to get in [14:12] <+szubaark_away> annddd we back to the high test again..yawn [14:13] <+codehead> short 1c ES 854.5 <paper> stop 855.25 [14:15] <+jbuch> Got the YM up and running (had to pay another freaking fee to TS) I like it. [14:15] <+codehead> stopped -.75 1c ES <paper> [14:16] <+jbuch> another big vol spike with a reversal [14:17] <+szubaark_away> Stop run at highs? ![]() [14:18] <+kosmipt> Shorts ES @ 854.25 «« simulator »» [14:19] <+kosmipt> Shorts ES @ 854 -> Add «« simulator »» [14:21] <+kosmipt> Covered all ES Short @ 855.50 --> - 2.75 «« simulator »» [14:21] <+szubaark_away> wait..its not done [14:21] <+kosmipt> stupid [14:22] <+szubaark_away> i like those strong trend days, but those are becoming extinct [14:23] <+rickf> yes - if i knew last summer what i know now......damn ![]() [14:23] <+szubaark_away> Its extremely difficult to time these Swings with small Stops [14:23] <+jbuch> now when you get a trend day you don't trust it [14:24] <+szubaark_away> and YOU DO need to give it room to work..scalping this for ticks not gonna get you far AFTER commissions [14:24] <+rickf> i've only used 5pt catastrophic stops recently [14:24] <+rickf> unless i'll be away from the computer [14:24] <+rickf> i find i trade better w/o a stop ... less afraid of getting stopped out on a stop run [14:25] <+kosmipt> Shorts ES @ 854.50 «« simulator »» [14:25] <+szubaark_away> funny thing is on these up and down range days price will come back 3-4 times to my Profit Target [14:26] <+jbuch> not me I like a 5 cent stop 10 max. [14:26] <+rickf> i just try not to enter a position when it's choppy or sideways-moving [14:27] <+szubaark_away> ok, they just whacked Overnight Stops here at 856 [14:29] <+jbuch> high vol all the way through not moving anywheres tick declining [14:29] <+jbuch> probably a good short but scary [14:30] <+kosmipt> Covered all ES Short @ 856.75 --> - 2.25 «« simulator »» [14:30] <+szubaark_away> yea untradable..too random [14:30] <+jbuch> you basicically shorting a retracement but doesn't want to retrace [14:31] <+kosmipt> got out of 851 long too early for +1, was shorting the top out of revenge and lost all daily profits [14:31] <+szubaark_away> also whats sneaky is the candles look bearish one interval so u see weakness, then next they frikin Bullish out of noweher [14:32] <+jbuch> I do that all the time Kos wonder why our brains sabotage us like that. [14:33] <+szubaark_away> Its Price Action from prior days we act upon but NOW its acting different and we are cinfused [14:34] <+szubaark_away> patterns that worked month ago are Traps this month ![]() [14:34] <+rickf> short es 857 [14:38] <+TraderG> why? [14:38] <+rickf> short es 860 (add) [14:38] <+TraderG> why? [14:39] <+TraderG> it is going UP not DOWN [14:41] <+TraderG> maybe - no guaranties from the management - we will get to 86.54 on the SPY. [14:47] <+TraderG> rickf may be left (right) afterall [14:48] <+jbuch> wow my lil 10 cent scalp at the bottom of this looks pretty pathetic now [14:55] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20 [14:55] <+Reno> Exited all ES Long @ 862.50 --> + 9 «« paper »» [14:55] <+szubaark_away> woooowww..nice!! [14:56] <+Reno> thanks [14:56] <+Reno> made up for my stupid trades this morning [14:57] <+jbuch> nice Reno thats awesom [14:57] <+Reno> thx everyone [14:58] <+rickf> short es 863 (final add) [14:58] <+TraderG> how many conts do u have Rick? [14:59] <+rickf> 4 now . experimental trade [14:59] <+TraderG> 1-1-2 ![]() [14:59] <+TraderG> 2 being the last? [14:59] <+rickf> later [15:04] <+rickf> exit es 61.75 -1 [15:04] <+Reno> Long ES @ 861.75 «« paper »» [15:05] <+rickf> better than i hoped for on a stupid counter trade [15:05] <+rickf> still looking lower - i got in way too early [15:05] <+szubaark_away> i dont trust Long or Short.. Go Long and it will be TOP, Short here and we spike huge LOOOL frikin market [15:06] <+rickf> no that was me being stupid szu ... you know i have bad luck on countertrend trades [15:08] <+szubaark_away> but in reality this runup started on that HUGE Bar at 2pm..BUT U would have to chase it (Stop 3Pts) and the pullback NEVER came ![]() [15:08] <+szubaark_away> sneaky bastids [15:09] <+Reno> Exited all ES Long @ 863.75 --> + 2 «« paper »» [15:19] <+Reno> Long ES @ 864 «« paper »» [15:22] <+Reno> Exited all ES Long @ 866 --> + 2 «« paper »» [15:24] <+rickf> speaking of afternoons like last summer ![]() [15:24] <+szubaark_away> no, this is sneaky JOB [15:25] <+rickf> expiration tomorrow [15:25] <+szubaark_away> we were in Downtrend HALF DAY [15:25] <+rickf> i missed 2 nice longs this morning while i was out ... grr [15:27] <+rickf> goog after the bell today, ge premarket tomorrow [15:27] <+rickf> should be fun [15:29] <+jbuch> damn feed my daughter changed her into a nice outfit and now she just puked blueberries all over us . [15:30] <+rickf> occupational hazard [15:30] <+jbuch> need to find a babysitter [15:30] <+jbuch> weel done Reno [15:33] <+Reno> thanks-jbuch [15:33] <+Reno> my little 10-month old terror is ![]() [15:34] <+jbuch> mine should be as well but she is not having it [15:35] <+Reno> mine was on a rampage this morning and afternnon [15:36] <+Reno> Long ES @ 864.50 «« paper »» [15:37] <+jbuch> grew up with a single mom who had 4 of us have know idea how she did it. [15:37] <+Reno> god bless her [15:37] <+Reno> God I meant-oops [15:39] <+rickf> calling it a day and watching .... still green from my ZG this morning, and am peeved @ myself for doing a trade i don't normally do this afternoon. [15:39] <+rickf> at least i got the sizing right so i could escape relatively unharmed, which is good [15:41] <+Reno> Exited all ES Long @ 866.50 --> + 2 «« paper »» [15:41] <+rickf> vn [15:41] <+Reno> thanks [15:42] <+Reno> trend is my friend this afternoon [15:46] <+kosmipt> Shorts ES @ 863 «« simulator »» [15:46] <+kosmipt> Shorts ES @ 862.25 -> Add «« simulator »» [15:47] <+Reno> have a good night everyone [15:47] * Reno is now known as Reno-Away [15:47] <+rickf> u too [15:47] <+Reno-Away> tx [15:48] <+jbuch> gotta go pick up my mother in law so I will sign out as well. [15:49] <+jbuch> take care all have a good night [15:52] <+kosmipt> Covered 1/2 ES Short @ 862 --> + 0.25 «« simulator »» [15:52] <+codehead> 855.25 is long ES [15:53] <+kosmipt> if we ever get there [15:55] <+kosmipt> Covered Remainder ES Short @ 862 --> + 1 «« simulator »» [15:56] <@NihabaAshi> Long ES @ 863.00 -> small size [15:56] <@NihabaAshi> 2 only [15:56] <@NihabaAshi> missed a few hours of this afternoon trading [15:57] <+kosmipt> Shorts ES @ 862.75 «« simulator »» [15:58] <@NihabaAshi> Exited ES Long @ 862.00 --> - 1 [15:58] <@NihabaAshi> Reverse and Enter Short ES @ 862.00 [15:58] <+kosmipt> Covered all ES Short @ 861.25 --> + 1.5 «« simulator »» [16:01] <@NihabaAshi> Covered all ES Short @ 859.75 --> + 2.25 [16:02] <@NihabaAshi> Shorts ES @ 859.75 -> small size [16:02] <@NihabaAshi> 2 only [16:03] <@NihabaAshi> Covered all ES Short @ 860.25 --> - 0.5 [16:04] <@NihabaAshi> Shorts ES @ 860.50 -> small size [16:04] <@NihabaAshi> 2 only [16:06] <@NihabaAshi> Covered all ES Short @ 861.50 --> - 1 [16:08] <@NihabaAshi> Long ES @ 861.75 -> small size [16:08] <@NihabaAshi> 3 only [16:09] <@NihabaAshi> trailing stop @ profit [16:10] <+kosmipt> GOOG earnings [16:10] <@NihabaAshi> Exited all ES Long @ 862.00 --> + 0.25 [16:10] <+kosmipt> insane [16:10] <@NihabaAshi> Yeah...I was watching that [16:11] <+rickf> damn [16:11] <+rickf> i used to play GOOG earnings with options - was 2 for 5 with 1 'escape' [16:11] <@NihabaAshi> Long ES @ 862.00 -> small size [16:12] <@NihabaAshi> 3 only [16:13] <+rickf> http://finance.yahoo.com/news/Google-An ... 49372.html [16:14] <+rickf> up $30 now, GOOG is [16:14] <winmax60> Shorts ES @ 861.5 -> small size «« simulator »» [16:15] <+rickf> careful - 1 min till it closes [16:15] <@NihabaAshi> Exited all ES Long @ 861.75 --> - 0.25 [16:15] <+winmax60> Covered all ES Short @ 861..25 --> + 861.5 - 861..25 «« simulator »» [16:15] <+winmax60> correction: 861.25 +0.25 [16:16] <+rickf> tomorrow's a busy earnings day -- Citi, GE, BBT before the bell [17:01] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20 Session Close: Thu Apr 16 18:23:15 2009 |
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