##TheStrategyLab Price Action Chat Room Logs
http://www.thestrategylab.com/ftchat/forum/

April 22nd Wednesday 2009
http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=50&t=170
Page 1 of 1

Author:  wrbtrader [ Wed Apr 22, 2009 4:08 pm ]
Post subject:  April 22nd Wednesday 2009



Session Start: Wed Apr 22 00:00:00 2009
Session Ident: #futurestrades
[08:08] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[08:12] <kosmipt> test
[08:19] <rickf> long es 838.50
[08:29] <+rickf> exit es 838.75 +.25
[09:26] * codehead_afk is now known as codehead
[09:30] <jbuch> GM ALL
[09:30] <drt> gm
[09:32] <@NihabaAshi> Good morning all.
[09:33] <kosmipt> gm
[09:34] <+kosmipt> Long ES @ 838.50 «« simulator »»
[09:34] <+kosmipt> Long ES @ 838.50 -> Add «« simulator »»
[09:35] <+kosmipt> Exited 1/2 ES Long @ 839 --> + 0.5 «« simulator »»
[09:35] <+kosmipt> 840 daily pivot
[09:35] <+kosmipt> out
[09:36] <+kosmipt> Exited Remainder ES Long @ 840 --> + 1.5 «« simulator »»
[09:37] <+kosmipt> will try to buy pullback
[09:37] <pdays> Long TF @ 460.3
[09:38] <+pdays> Exited all TF Long @ 464.5 --> + 4.2
[09:38] <+kosmipt> nice pd
[09:39] <+pdays> YES is was..thanks
[09:40] <+drt> s es 41.50
[09:41] <+drt> cs es 40.50
[09:43] <pat255> gm all
[09:43] <+pat255> running late ..
[09:44] <@NihabaAshi> Shorts ES @ 840.75 -> small size
[09:44] <@NihabaAshi> 3 only
[09:44] <+codehead> 842.25 was exactly .500 bounce
[09:45] <+kosmipt> Long ES @ 840.25 «« simulator »»
[09:45] <+codehead> the ES low was exactly .500 of yesterday's range
[09:45] <+pat255> L 40.25
[09:46] <@NihabaAshi> Covered all ES Short @ 840.25 --> + 0.5
[09:46] <+kosmipt> Exited all ES Long @ 839.50 --> - 0.75 «« simulator »»
[09:46] <+pat255> geez out -1
[09:47] <@NihabaAshi> Shorts ES @ 839.25 -> small size
[09:47] <@NihabaAshi> 3 only
[09:47] <+drt> l es 39
[09:47] <@NihabaAshi> intuition in reaction to the prior trade trailing stop hit
[09:48] <+kosmipt> Long ES @ 839.50 «« simulator »»
[09:48] <+kosmipt> Exited all ES Long @ 839 --> - 0.5 «« simulator »»
[09:49] <@NihabaAshi> Covered all ES Short @ 838.75 --> + 0.5
[09:50] <+jbuch> Long YM @ 78.61
[09:51] <+jbuch> Exited all YM Long @ 7857 --> + 7778.39
[09:51] <+kosmipt> Shorts ES @ 837 «« simulator »»
[09:52] <+kosmipt> Shorts ES @ 838.75 -> Add «« simulator »»
[09:53] <+drt> cl es 39
[09:55] <+kosmipt> Covered 1/2 ES Short @ 840 --> - 1.25 «« simulator »»
[09:56] <+kosmipt> Covered Remainder ES Short @ 840.50 --> - 3.5 «« simulator »»
[10:04] <+kosmipt> Shorts ES @ 845 «« simulator »»
[10:11] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[10:13] <@NihabaAshi> Shorts ES @ 847.25 -> small size
[10:13] <@NihabaAshi> 3 only
[10:13] <+kosmipt> Shorts ES @ 847.25 -> Add «« simulator »»
[10:14] <@NihabaAshi> Covered all ES Short @ 848.00 --> - 0.75
[10:14] <+kosmipt> wow
[10:15] <+kosmipt> back to yesterday' highs
[10:15] <@NihabaAshi> Long ES @ 848.75 -> small size
[10:15] <@NihabaAshi> 3 only
[10:16] <+kosmipt> Covered all ES Short @ 850 --> - 7.75 «« simulator »»
[10:16] <+kosmipt> jeez
[10:16] <szubaark> glad im not touching this LOL
[10:16] <@NihabaAshi> Exited all ES Long @ 850.75 --> + 2
[10:20] <+jbuch> Shorts SPY @ 85.54
[10:21] <+jbuch> Covered all SPY Short @ 85.44 --> + 0.1
[10:24] <+kosmipt> Shorts ES @ 852.50 «« simulator »»
[10:30] <+kosmipt> OIL #
[10:31] <+pat255> geez no p/b at all
[10:31] <@NihabaAshi> Shorts ES @ 853.50 -> medium size
[10:31] <+jbuch> Shorts SPY @ 85.89
[10:31] <@NihabaAshi> 4 only
[10:31] <+szubaark> Shorts ES @ 852.25 «« paper »»
[10:32] <+drt> l es 52.25
[10:32] <@NihabaAshi> trailing stop @ profit
[10:32] <+jbuch> Covered all SPY Short @ 85.69 --> + 0.2
[10:35] <@NihabaAshi> Covered all ES Short @ 851.50 --> + 2
[10:35] <+szubaark> Covered all Short ES at 851.75 --> + 0.5 «« paper »»
[10:35] <+pat255> vn
[10:37] <+drt> cl es 52
[10:38] <+pat255> cl?
[10:39] <+jbuch> Long SPY @ 85.63
[10:40] <+drt> cover long
[10:40] <+pat255> k
[10:41] <+jbuch> Exited 1/2 SPY Long @ 85.79 --> + 0.16
[10:44] <+jbuch> Exited Remainder SPY Long @ 85.64 --> + 0.01
[10:48] <+szubaark> Shorts ES @ 851 «« paper »»
[10:51] <+szubaark> Covered all Short ES at 852.75 --> - 1.75 «« paper »»
[10:53] <+szubaark> Buys ES @ 852.75 «« paper »»
[10:53] <+szubaark> intuition
[10:54] <+kosmipt> Covered all ES Short @ 852.50 --> 0 «« simulator »»
[10:54] <+drt> s es 52.50
[10:56] <+kosmipt> this bull flag may drive ES a bit higher
[10:58] <+szubaark> Exited all Long ES at 852.75 --> 0 «« paper »»
[10:58] <+szubaark> nope
[11:00] <+drt> cs es 51
[11:01] <+pat255> vn drt
[11:16] <+szubaark> Buys ES @ 852 «« paper »»
[11:25] <+pat255> nice entry szu
[11:25] <+szubaark> exit stop set ES @ 852.25 «« paper »»
[11:25] <+szubaark> needs to break here
[11:25] <+szubaark> loooking for new Highs
[11:31] <@NihabaAshi> Long ES @ 854.50 -> small size
[11:31] <@NihabaAshi> 1 only
[11:31] <@NihabaAshi> trade error...will keep the position
[11:32] <+pat255> dt here //on 5 min
[11:32] <+pat255> broken ..vn guys
[11:32] <@NihabaAshi> Exited ES Long @ 855.25 --> + 0.75
[11:36] <+szubaark> exit stop set ES @ 853.50 «« paper »»
[11:43] <+szubaark> Exited all Long ES at 856 --> + 4 «« paper »»
[11:44] <+rickf> gm again
[11:44] <+szubaark> hi rick
[11:48] <+jbuch> Shorts SPY @ 86.12
[11:57] <+jbuch> Covered Remainder SPY Short @ 86.01 --> + 0.11
[11:58] <+jbuch> gm rickf nice szu
[11:58] <+rickf> hi jb
[12:17] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[12:23] <+jbuch> Long YM @ 7960
[12:27] <+jbuch> Exited all YM Long @ 7954 --> - 6
[12:34] <+jbuch> Long YM @ 7931
[12:36] <+jbuch> Exited all YM Long @ 7929 --> - 2
[12:37] <+kosmipt> Long ES @ 849.25 «« simulator »»
[12:41] <+jbuch> man I have been a bit to early all day
[12:55] <+jbuch> Long SPY @ 85.09
[12:56] <tomosyn57> testing
[12:57] <+jbuch> Exited all SPY Long @ 85.29 --> + 0.2
[12:58] <+jbuch> finally was starting to think that all the bulls had been sold to the meat market
[13:01] <+jbuch> now it will probably just explode back up wihtout any retracement :))
[13:08] <+szubaark> Buys ES @ 849.25 «« paper »»
[13:09] <+szubaark> Exited all Long ES at 847.50 --> - 1.75 «« paper »»
[13:09] <+szubaark> Shorts ES @ 847.50 «« paper »»
[13:09] <+jbuch> Shorts SPY @ 85.33
[13:10] <+jbuch> Covered all SPY Short @ 85.29 --> + 0.04
[13:11] <+szubaark> Covered all Short ES at 848.50 --> - 1 «« paper »»
[13:22] <winmax60> Long ES @ 849 -> small size «« simulator »»
[13:23] <+rickf> short es 850
[13:26] <+rickf> exit es 849 +1
[13:27] <+szubaark> Buys ES @ 850.25 «« paper »»
[13:28] <+winmax60> Exited all ES Long @ 851 --> + 2 «« simulator »»
[13:29] <+kosmipt> hopefully will retest the highs
[13:30] <+szubaark> Exited all Long ES at 850.75 --> + 0.5 «« paper »»
[13:52] <+szubaark> Buys ES @ 852.50 «« paper »»
[13:57] <+szubaark> Exited all Long ES at 850.75 --> - 1.75 «« paper »»
[13:57] <+szubaark> Shorts ES @ 850.75 «« paper »»
[14:01] <+rickf> back in a bit
[14:02] <+szubaark> Covered all Short ES at 850.50 --> + 0.25 «« paper »»
[14:08] <+jbuch> Long SPY @ 85.41
[14:08] <+kosmipt> ES trying to stay positive
[14:09] <+szubaark> Buys ES @ 851 «« paper »»
[14:11] <+jbuch> Exited all SPY Long @ 85.49 --> + 0.08
[14:16] <+jbuch> that is frustrating.
[14:18] <+szubaark> tough play this if you got tight Stops
[14:20] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[14:20] <PeterPanBoy> good afternoon all
[14:20] <+szubaark> Exited all Long ES at 853.75 --> + 2.75 «« paper »»
[14:23] <+szubaark> nice swings today, not much chop in between
[14:23] <+szubaark> expecting Brutal Chop,small range days some time later this week
[14:25] <+kosmipt> cmon hew highs
[14:27] <+szubaark> dont see why not
[14:31] <+kosmipt> Exited all ES Long @ 857 --> + 7.75 «« simulator »»
[14:33] <+szubaark> Bravo, clap clap
[14:33] <+szubaark> i didnt have the patience to hold
[14:34] <+kosmipt> thanks, made back earlier loss
[14:36] <+kosmipt> turned disastrous day into a scratch
[14:38] <@NihabaAshi> Nice big trade there ")
[14:50] <+PeterPanBoy> nasty chop :(
[14:53] <@NihabaAshi> Long ES @ 857.25 -> small size
[14:53] <@NihabaAshi> 3 only
[14:54] <@NihabaAshi> intuition
[14:55] <@NihabaAshi> :(
[14:56] <@NihabaAshi> Exited all ES Long @ 857.25 --> 0
[14:56] <+rickf> back
[14:58] <@NihabaAshi> tight trading range since 2:34pm est
[14:58] <+rickf> :(
[14:58] <+rickf> i hoped to have a more interesting day to close out my week owell
[14:58] <+tomosyn57> Shorts SSO @ 23
[14:58] <@NihabaAshi> Shorts ES @ 855.75 -> small size
[14:59] <+szubaark> we POP then we CHOP
[14:59] <@NihabaAshi> 3 only
[14:59] <+szubaark> after CHOP we POP
[14:59] <+tomosyn57> exit stop set SSO @ 22.95
[14:59] <+tomosyn57> Covered 1/2 SSO Short @ 22.9 --> + 0.1
[15:00] <+tomosyn57> Covered 1/4 SSO Short @ 22.91 --> + 0.09
[15:00] <@NihabaAshi> weak support area
[15:01] <+PeterPanBoy> Shorts ES @ 854.25 «« testing »»
[15:01] <+tomosyn57> exit stop lowered SSO @ 22.88
[15:02] <@NihabaAshi> Covered all ES Short @ 853.50 --> + 2.25
[15:02] <+PeterPanBoy> Covered all ES Short @ 853.5 --> + 0.75 «« testing »»
[15:02] <+kosmipt> nice
[15:03] <@NihabaAshi> First time in a long time I'm over +20 ES points.
[15:03] <+tomosyn57> Trailing Stop Hit SSO @ 22.88 --> + 0.12
[15:03] <+kosmipt> congrats wrbtrader
[15:03] <+rickf> vn
[15:03] <@NihabaAshi> Use to be common place in last year's crazy high volatility trading conditions.
[15:03] <+rickf> lol if i knew then what i knew now, i'd have been quite happy
[15:03] <+rickf> :)
[15:03] <+PeterPanBoy> good nihab
[15:03] <@NihabaAshi> Yeah...last year spoiled us big time.
[15:04] <@NihabaAshi> This year we got to re-adjust and come back down to earth :)
[15:04] <+PeterPanBoy> Long ES @ 854.25 «« testing »»
[15:04] <+rickf> damn
[15:04] <+rickf> hehhe
[15:04] <+PeterPanBoy> Exited all ES Long @ 854.5 --> + 0.25 «« testing »»
[15:06] <+PeterPanBoy> Shorts ES @ 854.5 «« testing »»
[15:06] <+PeterPanBoy> Covered 1/2 ES Short @ 854.5 --> 0 «« testing »»
[15:07] <+PeterPanBoy> Covered Remainder ES Short @ 854.25 --> + 0.25 «« testing »»
[15:07] <+PeterPanBoy> chop chop :(
[15:12] <+kosmipt> Long ES @ 857 «« simulator »»
[15:14] <+rickf> short es 858.25
[15:14] <+kosmipt> Exited all ES Long @ 858 --> + 1 «« simulator »»
[15:15] <+rickf> exit es 57.50 +.75
[15:16] <+szubaark> missed the Long@855 :((
[15:18] <+rickf> lol and there''s my target on that short :(
[15:18] <@NihabaAshi> Bad timing to take a forced break from trading especially since I would like to go Long around this price area.
[15:18] <@NihabaAshi> Be back in 15mins :(
[15:19] <@NihabaAshi> NihabaAshi_away
[15:19] * NihabaAshi is now known as NihabaAshi_away
[15:19] <+rickf> had the right assessment, exited early
[15:19] <+szubaark> no patience?
[15:20] <+rickf> fear
[15:20] <+szubaark> excellent answer
[15:20] <+rickf> got in the right time but trade didnt move quickly enough in my favor
[15:20] <+rickf> *sigh*
[15:20] <+rickf> good think, i planned it right. that's a big plus
[15:25] <+szubaark> Shorts ES @ 852.25 «« paper »»
[15:26] <+kosmipt> Shorts ES @ 853 «« simulator »»
[15:27] <+kosmipt> Covered all ES Short @ 854 --> - 1 «« simulator »»
[15:27] <+kosmipt> Shorts ES @ 852.75 «« simulator »»
[15:27] <+kosmipt> back in
[15:28] <+kosmipt> no follow thru to the downside
[15:28] <+rickf> oh this is amusing. CBOE has trademarked the term "DOOM Options" -- Deep Out Of The Money (put) options. They're marketing them as alternatives to credit default swaps -- but it's regular old put options!
[15:29] <+kosmipt> Shorts ES @ 852.50 -> Add «« simulator »»
[15:29] <+rickf> http://www.cboe.com/institutional/pdf/doom_qrg.pdf
[15:30] <+PeterPanBoy> no like this price action see ya tomorrow
[15:30] <+jbuch> Long SPY @ 85.75
[15:30] <+PeterPanBoy> bye
[15:31] <+kosmipt> Shorts ES @ 852.75 -> Add «« simulator »»
[15:31] <+kosmipt> i expect immediate follow thru to the downside, otherwise i'm out
[15:32] <+kosmipt> Covered 1/3 ES Short @ 852 --> + 0.75 «« simulator »»
[15:32] <+kosmipt> Covered 1/3 ES Short @ 852.50 --> + 0.25 «« simulator »»
[15:33] <+kosmipt> Covered Remainder ES Short @ 853 --> - 0.25 «« simulator »»
[15:33] <+kosmipt> scratch, didn't get what i wanted right away
[15:34] <szubaark_away> yea trick is to catch these spikes BEFORE they happen, otherwise u end up getting caught in Chop
[15:35] <+kosmipt> was loaded up on that trade, so had to get out quickly
[15:35] <+szubaark_away> i got out for -1
[15:36] <+kosmipt> Shorts ES @ 853 «« simulator »»
[15:36] <+kosmipt> back in :)
[15:36] <+jbuch> Exited all SPY Long @ 85.78 --> + 0.03
[15:37] <+kosmipt> i want 849
[15:37] <+kosmipt> giving this one last shot
[15:38] <+kosmipt> bang, out
[15:38] <+kosmipt> Covered all ES Short @ 849 --> + 4 «« simulator »»
[15:38] <+szubaark_away> nice
[15:38] <+rickf> vn
[15:38] <+kosmipt> thanks
[15:39] <+jbuch> sweet KOS
[15:39] <+rickf> *grumble*
[15:39] * NihabaAshi_away is now known as NihabaAshi
[15:40] <+rickf> long es 848.25
[15:42] <+rickf> out 48.50 +.25 (stopped)
[15:42] <+szubaark_away> Shorts ES @ 847.25 «« paper »»
[15:43] <+szubaark_away> Covered all Short ES at 846 --> + 1.25 «« paper »»
[15:43] <+kosmipt> nice
[15:43] <+rickf> vn
[15:43] <+szubaark_away> thnx..Weak Support here
[15:44] <+rickf> long es 847
[15:45] <+rickf> out 47.26 +.25
[15:45] <+rickf> done
[15:45] <+rickf> chasing
[15:47] <+jbuch> Long SPY @ 85.1
[15:47] <+jbuch> Exited all SPY Long @ 85.09 --> - 0.01
[15:48] <+kosmipt> wow
[15:49] <+kosmipt> almost 20 pt selloff into the close
[15:49] <+rickf> apple after the bell
[15:49] <+kosmipt> yup
[15:49] <+szubaark_away> yea plus look how late it is and NO PULLBACK..all well timed by them boys LOL
[15:58] <@NihabaAshi> Straight down with shallow counter-thrusts since 3:15pm est
[15:58] <@NihabaAshi> ES looking to retrace all of today's gains...
[15:59] <+jbuch> ym already did
[15:59] <+kosmipt> ugly
[15:59] <+rickf> this is my friday ... out rest of the week
[15:59] <@NihabaAshi> Big money on those Shorts for those that got in early or mid-way
[16:00] <+rickf> i am slightly bearishly hedged going into the rest of the week
[16:00] <+rickf> wrbtrader - yeah, no kidding. fear gave me .75 instead of +15 :(
[16:05] <+jbuch> have a good night all
[16:05] <+rickf> cya
[16:07] <@NihabaAshi> ES open @ 838.25 on regular session time
[16:08] <@NihabaAshi> Lets see if it closes below that by 4:15pm est
[16:08] <@NihabaAshi> Amazingly though we are still within the upper price range of the prior trading day
[16:09] <@NihabaAshi> Just to keep something in perspective about the drop this afternoon.
[16:10] <@NihabaAshi> Take care all and see all tomorrow
[16:10] * NihabaAshi is now known as NihabaAshi_away
[16:14] <+rickf> ok guys have a good rest of the week and weekend ... see you next week
[16:23] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
Session Close: Wed Apr 22 17:03:14 2009

Go Back To TheStrategyLab.com Homepage

Page 1 of 1 All times are UTC - 5 hours
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group
http://www.phpbb.com/