Day Trading - Swing Trading - Position Trading: Price Action Trading via WRB Analysis for traders of futures, forex currencies, exchange traded funds and stocks
Joined: Tue Dec 16, 2008 1:02 am Posts: 3326 Location: Canada
Note: The chat log below represents the free chat room called #FuturesTrades that's hosted by TheStrategyLab.com and any one can use the chat room to post their trades. Simply, we do not know what trading methods are being used by some members while others are using methods we ourselves don't use.
In contrast, our fee-base clients are discussing market analysis or trade signals via concepts from our strategies in the private chat rooms called #VolatilityTradingTSL or #SwingTradingTSL.
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Session Start: Tue May 19 09:27:48 2009 Session Ident: #futurestrades [09:27] * Now talking in #futurestrades [09:27] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread. [09:29] <rickf> [09:29] <drt> [09:29] <LP> [09:32] <jbuch> morning everyone [09:33] <stick2it> all [09:34] <@NihabaAshi> Shorts ES @ 905.75 -> medium size [09:34] <@NihabaAshi> 4 only [09:34] <@NihabaAshi> Covered all ES Short @ 906.50 --> - 0.75 [09:35] <@NihabaAshi> worst types of trades... [09:35] <@NihabaAshi> they start to go against you as soon as you enter [09:36] <@NihabaAshi> Long ES @ 907.00 -> medium size [09:36] <@NihabaAshi> 4 only [09:37] <@NihabaAshi> trailing stop @ profit [09:38] <@NihabaAshi> profit target now confirmed [09:38] <Nesi> very nice [09:38] <@NihabaAshi> Exited 3/4 ES Long @ 909.50 --> + 2.5 [09:42] <@NihabaAshi> Exited ES Long @ 707.50 --> - 199.5 [09:42] <@NihabaAshi> Reverse and Enter Short ES @ 707.50 [09:42] <@NihabaAshi> will repost in a second...for correction [09:43] <@NihabaAshi> +0.5 on the exit of the Long contract [09:43] <@NihabaAshi> Short @ 907.50 [09:44] <@NihabaAshi> 1 contract only [09:44] <@NihabaAshi> Shorts ES @ 907.50 -> small size [09:46] <+drt> l es 06.50 [09:47] * codehead_afk is now known as codehead [09:47] <@NihabaAshi> Covered ES Short @ 906.75 --> + 0.75 [09:49] <@NihabaAshi> Long ES @ 906.50 -> small size [09:49] <@NihabaAshi> 2 only [09:50] <@NihabaAshi> Exited all ES Long @ 907.00 --> + 0.5 [09:50] <+drt> cl es 06.50 [09:51] <@NihabaAshi> Shorts ES @ 906.00 -> small size [09:51] <@NihabaAshi> 2 only [09:51] <@NihabaAshi> poor entry but there should still be more follow-through downwards [09:52] <+rickf> missed a 906 short thx to chart problem [09:53] <@NihabaAshi> Covered all ES Short @ 905.00 --> + 1 [09:53] <@NihabaAshi> two bad entries today due to too much overanalysis... [09:54] <@NihabaAshi> First trade (loss) and the most recent trade (proftit) [09:54] <@NihabaAshi> both poor entries (hesitated) [09:58] <@NihabaAshi> Long ES @ 904.75 -> small size [09:58] <@NihabaAshi> 2 only [10:04] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20 [10:06] <@NihabaAshi> Exited all ES Long @ 905.50 --> + 0.75 [10:06] <palmer> will be shorting 908 [10:07] <dDima> hi all [10:07] <@NihabaAshi> Hi dDima...welcome [10:09] <winmax60> Long ES @ 905.50 -> small size «« simulator »» [10:11] <+winmax60> Exited all ES Long @ 907.5 --> + 2 «« simulator »» [10:22] <+rickf> short es 907.50 [10:28] <+rickf> short es 911.50 (add) [10:36] <+rickf> exit es 912 -2.5 [10:43] <@NihabaAshi> Shorts ES @ 9123.00 -> small size [10:43] <@NihabaAshi> 1 only [10:43] <@NihabaAshi> [10:44] <@NihabaAshi> Shorts ES @ 913.00 -> small size [10:44] <@NihabaAshi> that's the correction [10:45] <@NihabaAshi> Covered ES Short @ 912.00 --> + 1 [10:49] <pdays> Long ES @ 912.25 [10:50] <+rickf> long es 911.50 [10:52] <+jbuch> Long SPY @ 91.61 [10:52] <+rickf> out 912 +.50 [10:52] <+rickf> taking a break -- not in sync w/things today, 2 bad entries [10:54] <+jbuch> same here only thought that I understood the market at 1 point and couldn't get in [10:55] <TraderG> i wonder if someone has found a way to force themselves 2 stop trading when they realize that they r not in sync.... [10:55] <+TraderG> when i am not in sync i have tunnel vision [10:56] <+TraderG> like jbuch wrote - I lose the wider perspective, and i revenge trade, or HOPE TRADE. [10:57] <+TraderG> u may think that I am LOCO (crazy ) - (and u may b right , or left) but when I lose sync I feel physically strange. [10:58] <+jbuch> Exited Remainder SPY Long @ 91.54 --> - 0.07 [10:59] <+pdays> Exited all ES Long @ 911.0 --> - 1.25 [10:59] <+jbuch> that is loco [10:59] <+jbuch> and u r strange [10:59] <+TraderG> thank u 4 your kind words [11:00] <@NihabaAshi> [10:55] <TraderG> i wonder if someone has found a way to force themselves 2 stop trading when they realize that they r not in sync.... [11:00] <@NihabaAshi> Yeah...took about 5 years of self-training [11:00] <+TraderG> and what was the method of training? [11:00] <@NihabaAshi> Experience [11:00] <+jbuch> probably an expensive course [11:01] <+TraderG> I have a timer that pops messages on my screen every few minutes. Basically I am brain washing myself. It seems 2 work. [11:02] <+TraderG> repetion turns RE-actions almost to an instinct [11:03] <@NihabaAshi> Usually when we are not in sync or feel like our head isn't in the game where it should be... [11:04] <@NihabaAshi> There's something occurring on a personal level...something in our life (recent event or long term) that's having impact on our discipline and concentration. [11:04] <@NihabaAshi> My point...usually when we feel not in sync...it's not the market...it's us. [11:05] <+TraderG> we read that we should not be emotional while trading. I disagree. One should always listen to his emotions and express them. [11:05] <+TraderG> IT IS NEVER THE MARKET. [11:06] <jigglyhippo> if you cant control your emotions it'll def. hurt you [11:06] <@NihabaAshi> True and I don't believe it's possible to remove Emotions from trading unless someone is using a mechancial automated trading system. [11:06] <+TraderG> jh that is not the proper conclusion [11:07] <@NihabaAshi> Therefore, we have to learn how to identify when emotions are having an impact and then learn how to quickly control them prior to the next trade. [11:07] <+TraderG> you should RECOGNIZE your emotions and LOGICALLY act upon them [11:07] <@NihabaAshi> I give my monitor the middle finger everytime I get a loss [11:07] <+TraderG> if u feel nervous you should realize that and reduce your size or not trade at all [11:08] <+TraderG> THERE U R [11:08] <+jigglyhippo> yeah def. to me thats controlling my emotions [11:08] <+TraderG> I hit my desk [11:08] <+TraderG> sofar the desk wins [11:09] <@NihabaAshi> I need to be careful though...the 2 year old quietly sneaks into my office while I'm trading without me noticing him there...he recently learn the word "shit". [11:09] <@NihabaAshi> [11:09] <+TraderG> hahahahaha [11:09] <+jbuch> lol [11:09] <+jigglyhippo> sneaky little guy [11:09] <+TraderG> if not from u then from someone else [11:09] <+jigglyhippo> yup [11:11] <+dDima> Shorts ES @ 909.00 «« simulator »» [11:12] <+dDima> Covered all ES Short @ 908.75 --> + 0.25 «« simulator »» [11:13] <+TraderG> and on a lighter note >>>>>>>>>>>>>>>>> [11:13] <+TraderG> I'd kill for a Nobel Peace Prize. [11:13] <+jigglyhippo> did you just hear it mentioned on cnbc/ [11:13] <+jigglyhippo> [11:14] <+TraderG> these are quotes of Steven Wright [11:14] <+jigglyhippo> oh okay [11:16] <+TraderG> Age is not a particularly interesting subject. Anyone can get old. All you have to do is live long enough. [11:16] <+TraderG> Groucho Marx [11:19] <+TraderG> Age is not a particularly interesting subject. Anyone can get old. All you have to do is live long enough. [11:19] <+TraderG> Groucho Marx [11:19] <+TraderG> sorry [11:19] <+TraderG> Either this man is dead or my watch has stopped [11:21] <+TraderG> nd the last one b4 lunch - [11:21] <+TraderG> I've had a perfectly wonderful evening. But this wasn't it. [11:24] <@NihabaAshi> sneaky price action [11:24] <@NihabaAshi> Shorts ES @ 908.25 -> small size [11:24] <@NihabaAshi> 2 only [11:26] <@NihabaAshi> weak support developed after my entry L( [11:26] <@NihabaAshi> [11:27] <@NihabaAshi> Covered ES Short @ 909.00 --> - 0.75 [11:27] <@NihabaAshi> Reverse and Enter Long ES @ 909.00 [11:27] <+dDima> Long ES @ 909.50 «« simulator »» [11:28] <@NihabaAshi> Exited all ES Long @ 910.00 --> + 1 [11:29] <+dDima> Exited all ES Long @ 909.75 --> + 0.25 «« simulator »» [11:29] <@NihabaAshi> Long ES @ 910.25 -> small size [11:30] <@NihabaAshi> 1 only [11:30] <@NihabaAshi> intuition [11:30] <@NihabaAshi> looking for a little more upside in reaction to prior trade signal [11:30] <+jbuch> Long SPY @ 91.48 [11:30] <@NihabaAshi> Exited ES Long @ 911.00 --> + 0.75 [11:31] <+jbuch> Exited all SPY Long @ 91.59 --> + 0.11 [11:31] <+jbuch> lucky dog [11:32] <+jbuch> went 1 past my exit and reversed. [11:32] <+jbuch> at least for the moment [11:35] <+dDima> Shorts ES @ 910.50 «« simulator »» [11:36] <+dDima> Covered all ES Short @ 911.50 --> - 1 «« simulator »» [11:38] <+dDima> Long ES @ 911.75 «« simulator »» [12:05] <+dDima> Exited all ES Long @ 910.50 --> - 1.25 «« simulator »» [12:10] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20 [12:10] <+jbuch> Long SPY @ 91.57 [12:11] <+dDima> Long ES @ 910.50 «« simulator »» [12:13] <+jbuch> Exited Remainder SPY Long @ 91.56 --> - 0.01 [12:19] <codehead> short ES 2c 912.25 <paper> [12:23] <+codehead> exit half ES +1.00 <paper> [12:27] <@NihabaAshi> be back in 5mins...gotta reboot. Session Close: Tue May 19 12:27:17 2009
Session Start: Tue May 19 12:27:17 2009 Session Ident: #futurestrades [12:27] * Disconnected Session Close: Tue May 19 12:27:17 2009
Session Start: Tue May 19 12:35:21 2009 Session Ident: #futurestrades [12:35] * Now talking in #futurestrades [12:35] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread. [12:36] <+dDima> Shorts ES @ 911.25 «« simulator »» [12:37] <+jigglyhippo> Shorts ES @ 911.00 [12:40] <+jigglyhippo> ugh losing patience [12:43] <+jigglyhippo> Covered all ES Short @ 910.75 --> + 0.25 [12:45] <+jbuch> Long SPY @ 91.52 [12:46] <rickf> again - big move in the morning, then rangebound [12:47] <+jbuch> Exited all SPY Long @ 91.52 --> 0 [12:51] <+dDima> Covered all ES Short @ 909.5 --> + 1.75 «« simulator »» [13:05] <+rickf> VIX under 30 again [13:08] <+dDima> summer coming [13:08] <+rickf> true [13:15] <+jbuch> Long SPY @ 91.51 [13:16] <+dDima> Long ES @ 911.75 «« simulator »» [13:16] <+dDima> late entry [13:21] <+rickf> short es 913 [13:22] <+jbuch> Exited all SPY Long @ 91.73 --> + 0.22 [13:24] <+dDima> Exited all ES Long @ 913.25 --> + 1.5 «« simulator »» [13:29] <+rickf> out 912.75 +.25 [13:30] <+dDima> bye all enough for today ) [13:30] <+rickf> cya [14:09] <@NihabaAshi> Long ES @ 910.75 -> small size [14:09] <@NihabaAshi> 2 only [14:11] <@NihabaAshi> Will look for a re-entry Long is stopped out for a loss [14:12] <@NihabaAshi> Yep, I'm bullish right now. [14:12] <+Nesi> ok [14:13] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20 [14:17] <@NihabaAshi> Exited ES Long @ 910.00 --> - 0.75 [14:18] <@NihabaAshi> Long ES @ 910.25 -> small size [14:18] <@NihabaAshi> 2 only [14:18] <@NihabaAshi> intuition [14:20] <@NihabaAshi> target reached 911.25 [14:20] <@NihabaAshi> Staying in a little longer due to greed. [14:21] <@NihabaAshi> Exited all ES Long @ 912.00 --> + 1.75 [14:23] <@NihabaAshi> If ES looked like NQ's price action...most likely I would have only exited 1 contracted and try to catch more on the remainder. [15:02] <+TraderG> Time flies like an arrow. Fruit flies like a banana. [15:02] <+TraderG> just to keep u guys awake [15:02] <+TraderG> 40 minutes without a comment....... [15:05] <+rickf> quiet is good sometimes [15:05] <+rickf> less stuff scrolling by the chat room [15:05] <+rickf> *snore* [15:10] <+jbuch> Shorts SPY @ 91.89 [15:13] <+jbuch> Covered all SPY Short @ 91.72 --> + 0.17 [15:20] <+jbuch> thst is the best kinda trade in and out quick and it reverses right where u get out [15:29] * code is now known as codehead [15:32] <tomosyn57> Shorts SSO @ 25.94 [15:33] <+tomosyn57> exit stop set SSO @ 25.89 [15:33] <+rickf> long es 911 [15:33] <+TraderG> why? [15:33] <+TraderG> just bugging u rickf [15:34] <+TraderG> i went away from the screen 4 2 minutes and it exploded [15:34] <+TraderG> luckily there were no casualties. or where there? [15:35] <+tomosyn57> exit stop lowered SSO @ 25.85 [15:36] <+tomosyn57> Trailing Stop Hit SSO @ 25.85 --> + 0.09 [15:37] <+rickf> out 911.50 +.50 [15:37] <+TraderG> u r a better man than i am rickf. i would have waited for a retracement and go short [15:37] <+rickf> each to their own [15:37] <+rickf> [15:38] <+TraderG> u r left (i mean right) [15:38] <+jbuch> my daughter is just learning how to crawl. she flipped over the trash can in my office and started gumming an apple core from a couple of days ago. when i took it away from her she had a complete meltdown. like it was the best toy she had ever seen [15:39] <+TraderG> )))))) [15:39] <+TraderG> kids r soooooooooooo cute [15:39] <+jbuch> probably not that funny to read but it was pretty comical to see [15:40] <Piscuy> evening [15:40] <+TraderG> can any1 here imagine that we were cute also - at some point - many many many years ago? [15:40] <+Piscuy> thank you NihabaAshi [15:40] <+jbuch> she was all huddled around this thing like it was a lump of gold [15:40] <+rickf> pscuy - that happens the first type you type something automatically [15:40] <+Piscuy> no harm in being polite [15:40] <+rickf> lol [15:41] <+Piscuy> [15:41] <+jbuch> according to my wife i still am [15:41] <+jbuch> howdy piscuy [15:42] <+Piscuy> howdy [15:42] <+TraderG> I find television very educating. Every time somebody turns on the set, I go into the other room and read a book. [15:43] <+rickf> very true if someone turns on cnbc [15:43] <+TraderG> that is my entertainment show [15:45] <+TraderG> now that is what I was writing about [15:47] <+Piscuy> hope everyone had a good day [15:47] <+jbuch> so so on this end thnks for asking [15:48] <+TraderG> the more taxes I pay the better my day is [15:48] <+TraderG> that quote is an original of mine (ALL RIGHTS RESERVED) [15:51] <+jbuch> big vol spike on that rev [15:56] <+tomosyn57> Shorts SSO @ 25.65 [15:57] <+Piscuy> have a good evening everyone [15:57] <@NihabaAshi> weak support area [15:57] <+tomosyn57> exit stop set SSO @ 25.62 [15:57] <+Nesi> i still have my position .. on... fwiw [15:57] <+Nesi> for few days now [15:58] <+tomosyn57> exit stop lowered SSO @ 25.58 [15:58] <+rickf> where from? [15:58] <+tomosyn57> Covered all SSO Short @ 25.54 --> + 0.11 [15:59] <+Nesi> ES 917.50 [16:00] <+rickf> nice [16:00] <+rickf> ding [16:00] <+Nesi> rickf...and YM 8300 2c [16:00] <+rickf> es is good, ym is bad? [16:00] <+Nesi> yes [16:00] <@NihabaAshi> Long ES @ 906.75 -> small size [16:00] <@NihabaAshi> 1 only [16:00] <+rickf> batting 500, not bad !1 [16:00] <+rickf> l) [16:00] <+rickf> [16:05] * codehead is now known as codehead_afk [16:07] <@NihabaAshi> Exited ES Long @ 907.25 --> + 0.5 [16:19] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20 [16:24] * Looking up Moogie user info... [16:30] <@NihabaAshi> Take care all and see all tomorrow
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) - (and u may b right , or left) but when I lose sync I feel physically strange.
