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 Post subject: June 30th Tuesday 2009
 Post Posted: Wed Jul 01, 2009 2:31 am 
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Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
Location: Canada


Note: The chat log below represents the free chat room called #FuturesTrades . Also, any trader can use the chat room to post their trades regardless if they use indicators or price action only trading (no indicators). Simply, we do not know what trading methods are being used by some members even though TheStrategyLab.com fee-base resources are price action only trading (no indicators).

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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.


------------------------

Session Start: Tue Jun 30 09:12:55 2009
Session Ident: #futurestrades
[09:12] * Now talking in #futurestrades
[09:12] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:14] <werner> thnx
[09:19] <ItalianSharp> gm all
[09:25] <@NihabaAshi> Good morning all...ready to trade today in comparison to not wanting to trade yesterday :)
[09:27] <jigglyhippo> lots of news out today
[09:29] <drt> gm all
[09:34] <iliketrading> gm
[09:34] <+jigglyhippo> Long ES @ 923
[09:34] <+jigglyhippo> stop 922
[09:34] <+iliketrading> l 22.50
[09:34] <+iliketrading> tgt 25
[09:34] <+iliketrading> stp be+1
[09:35] <@NihabaAshi> Long ES @ 924.50 -> medium size
[09:35] <@NihabaAshi> geeeesh :(
[09:36] <+iliketrading> out
[09:36] <@NihabaAshi> same as yesterday's first trade...entry problem
[09:37] <@NihabaAshi> 4 only
[09:37] <@NihabaAshi> Exited all ES Long @ 924.00 --> - 0.5
[09:40] <+werner> Long NQ @ 1466.00
[09:40] <+werner> test:
[09:40] <+werner> Covered NQ Short @ 1464.00 --> + 2
[09:41] <+werner> mmm
[09:41] <Nesi> hello all
[09:41] <jbuch> morning nesi
[09:42] <+werner> hi all
[09:43] <+jigglyhippo> Exited 1/2 ES Long @ 925 --> + 2
[09:43] <+werner> test:
[09:43] <+werner> Long NQ @ 1466.00
[09:43] <+jbuch> beauty jh nice patience
[09:43] <+jigglyhippo> thanks
[09:43] <+werner> mmm not good
[09:44] <+werner> lets see if i can get the old script back
[09:45] <+jigglyhippo> Exited all ES Long @ 926 --> + 3
[09:45] <+Nesi> great one..jigg
[09:45] <+jigglyhippo> thanks
[09:46] <+Nesi> i can help you later on if you want to install the scrip to post trades
[09:46] <+jbuch> nice lh
[09:46] <+jbuch> perfect exit
[09:48] <+jigglyhippo> :)
[09:48] <+jbuch> chicago pmi slightly bullisg market is fading
[09:51] <silo> we touched the top of the 30min trendline
[09:52] <+drt> l es 23.50
[09:52] <fcb98292> gm
[09:57] <+drt> cl es 25
[10:01] <@NihabaAshi> Eurex DAX spilling its beans
[10:01] <@NihabaAshi> weak support area now for Emini ES
[10:02] <+fcb98292> Short ES 921.5
[10:03] <+fcb98292> Tgt 919.5
[10:03] <+fcb98292> Stop to BE
[10:03] <+jbuch> damn woke up 10 minutes before the open I am 1 or 2 steps behind this am
[10:06] <+fcb98292> partial fill
[10:06] <+fcb98292> flat :)
[10:06] <+Nesi> nice
[10:07] <@NihabaAshi> Oil and Gold giving the Eminis a lot of help on this decline with no counter-thrust
[10:07] <@NihabaAshi> Everybody temporarily in sync
[10:10] <+jbuch> had a very high close on the spy at approxiametly 922.25 on ES lots of folk holding the bag if we get back up there
[10:11] <@NihabaAshi> Long ES @ 919.25 -> medium size
[10:11] <@NihabaAshi> 4 only
[10:12] <+iliketrading> short
[10:12] <+iliketrading> 29.75
[10:12] <@NihabaAshi> be careful...volatility contracting fast
[10:12] <+iliketrading> didn't like it
[10:12] <+iliketrading> BE out
[10:13] <+fcb98292> almost went short, but uh uh.
[10:14] <@NihabaAshi> Exited all ES Long @ 919.50 --> + 0.25
[10:14] <+iliketrading> price stalling here...
[10:14] <+iliketrading> now goind down..
[10:15] <@NihabaAshi> it's tryig to spike...
[10:15] <+fcb98292> Short ES 919.25
[10:15] <+fcb98292> Tgt 917.25
[10:15] <+jbuch> trying to bounce off the high of 6/26 and 6/25
[10:15] <+fcb98292> Stop to BE
[10:16] <@NihabaAshi> Shorts ES @ 918.25 -> medium size
[10:16] <@NihabaAshi> 4 only
[10:16] <@NihabaAshi> position size error
[10:16] <@NihabaAshi> intuition
[10:16] <@NihabaAshi> should've been 2 contract position
[10:17] <@NihabaAshi> Covered all ES Short @ 918.00 --> + 0.25
[10:18] <@NihabaAshi> a lot of effort for a tick here and there :(
[10:18] <+fcb98292> part filled
[10:18] <+iliketrading> at least price moving better than yesterday afternoon
[10:19] <+fcb98292> flat
[10:19] <+fcb98292> +2
[10:19] <+werner> reboot
[10:20] <@NihabaAshi> key markets still in sync
[10:20] <+fcb98292> done for day, watching.
[10:20] <+jigglyhippo> wow this started dropping fast
[10:21] <@NihabaAshi> Yeah...it's trying hard to test that 914 and below price area
[10:21] <@NihabaAshi> That's a key support area between 914 - 912
[10:22] <@NihabaAshi> That support area won't hold unless it gets help from other key markets
[10:23] <werner> Long NQ @ 1476.00 «« testing script »»
[10:23] <rickf> gm all
[10:23] <+werner> Exited all NQ Long @ 1475.00 --> - 1 «« testing script »»
[10:23] <+werner> ok
[10:24] <+werner> gm rickf
[10:24] <+rickf> ;)
[10:25] <TraderG> yelo
[10:25] <+TraderG> i mean - gm
[10:26] <@NihabaAshi> Long ES @ 914.00 -> small size
[10:26] <@NihabaAshi> 3 only
[10:27] <@X> #FuturesTrades Info -> Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade. 2009 chat logs stored @ viewforum.php?f=20 and chat logs prior to 2009 are stored @ http://www.thestrategylab.com/ArchivedPastTrades.htm. Also, do not mimic (shadow) trades of others without their permission.
[10:27] <@NihabaAshi> contracting volatility
[10:28] <@NihabaAshi> preparing to reverse if it spikes down instead of up
[10:28] <+werner> gm TG
[10:28] <+jbuch> Long ES @ 914
[10:30] <+jbuch> Exited all ES Long @ 914.75 --> + 0.75
[10:30] <+jbuch> ohhh lucky lucky
[10:30] <@NihabaAshi> Exited ES Long @ 913.50 --> - 0.5
[10:30] <@NihabaAshi> Reverse and Enter Short ES @ 913.50
[10:32] <@NihabaAshi> Covered all ES Short @ 913.00 --> + 0.5
[10:32] <+silo> market touching redline ... expect a little bounce or a few minutes of slow down in selling
[10:33] <+jbuch> had it at 915 price rested on it for at least 30 seconds no fill
[10:33] <+iliketrading> shorted 913.75 and got out for 3 ticks..
[10:34] <+fcb98292> Short 912.25 SIM
[10:34] <+fcb98292> Tgt 910.25 SIM
[10:35] <+silo> this is the last day of this quarter. window dressing is done... funds dumping now
[10:36] <@NihabaAshi> ES below a key support area
[10:37] <+werner> maybe sup nq ...67-63
[10:37] <+fcb98292> Stop to be SIM
[10:37] <+fcb98292> too soon I think
[10:38] <+fcb98292> flat be SIM
[10:39] <+Nesi> Covered all ES Short @ 911.50 --> 0
[10:41] <@NihabaAshi> Long ES @ 912.25 -> small size
[10:41] <@NihabaAshi> 3 only
[10:41] <@NihabaAshi> intuition
[10:44] <@NihabaAshi> volatility declining fast
[10:44] <@NihabaAshi> preparing to reverse position if needed because a spike is coming soon
[10:44] <+jbuch> broke the down trend line testing it from the top.
[10:45] <+Nesi> Shorts ES @ 911.50
[10:45] <@NihabaAshi> Exited ES Long @ 911.50 --> - 0.75
[10:45] <@NihabaAshi> Reverse and Enter Short ES @ 911.50
[10:45] <+Nesi> 2c
[10:45] <@NihabaAshi> large size
[10:45] <@NihabaAshi> 5 contracts
[10:46] <+jbuch> Long ES @ 911.5
[10:47] <@NihabaAshi> spike fizzle with Gold and Oil trying hard to find support
[10:47] <+fcb98292> Short ES 912 SIM
[10:47] <@NihabaAshi> Covered all ES Short @ 912.00 --> - 0.5
[10:47] <+fcb98292> Out be
[10:48] <+jigglyhippo> Long ES @ 912
[10:48] <+jigglyhippo> stop 910.25
[10:49] <+jigglyhippo> nice entry jb
[10:49] <+jbuch> thanks
[10:49] <+rickf> short es 913 1 ct
[10:49] <+Nesi> Covered ES Short @ 912.75 --> - 1.25
[10:49] <+Nesi> Reverse and Enter Long ES @ 912.75
[10:50] <+jbuch> Exited 1/2 ES Long @ 912.75 --> + 1.25
[10:50] <+fcb98292> nice
[10:52] <@NihabaAshi> Long ES @ 912.50 -> medium size
[10:52] <@NihabaAshi> 4 only
[10:52] <+jbuch> thanks fcb
[10:53] <+Nesi> Long ES @ 913.00 -> Add
[10:53] <@NihabaAshi> this could be my most important trade of the day considering I'm not expecting much out of the price action over the next 2 hours
[10:55] <@NihabaAshi> tightning trailing stop
[10:57] <+silo> these are intuition trades right wrbtrader?
[10:57] <+jbuch> Exited all ES Long @ 912.5 --> + 1
[10:58] <+jbuch> breakfast time BBL
[10:58] <+jigglyhippo> enjoy
[10:59] <+jigglyhippo> cmon make your move
[11:02] <@NihabaAshi> amlost produced a profit target
[11:02] <+silo> intuition trade here wrbtrader?
[11:02] <@NihabaAshi> tighten trail again
[11:03] <+jigglyhippo> Exited 1/2 ES Long at 913.50 --> + 1.5
[11:04] <@NihabaAshi> Exited all ES Long @ 913.00 --> + 0.5
[11:04] <@NihabaAshi> lost my patience after the first 912.75 retest
[11:04] <+jigglyhippo> Exited all ES Long @ 913.00 --> + 1
[11:06] <+Nesi> test
[11:06] <+Nesi> am i here
[11:06] <+fcb98292> yes
[11:06] <+Nesi> electricity went off
[11:07] <+fcb98292> that's not good.
[11:07] <+fcb98292> SHort ES 912.5 SIM
[11:07] <+Nesi> i had a backup power supply tho
[11:07] <+rickf> out 911.75 +1.25
[11:07] <+fcb98292> Tgt 911 SIM
[11:08] <+Nesi> Exited ES Long @ 911.75 --> - 1
[11:08] <+Nesi> Reverse and Enter Short ES @ 911.75
[11:08] <+fcb98292> flat +1.5
[11:08] <+fcb98292> SIM
[11:09] <@NihabaAshi> This is such a big support area that if it fails...
[11:09] <@NihabaAshi> whomever is short should make an easy few points
[11:09] <+fcb98292> Short Stop in at 910
[11:10] <+Nesi> Shorts ES @ 910.75 -> Add
[11:10] <+silo> commodities comign down hard today
[11:12] <@NihabaAshi> Yeah
[11:12] <@NihabaAshi> They lost their key support early today
[11:13] <@NihabaAshi> Eminis and Eurex trying hard to keep their key support
[11:15] <+jbuch> nq is making higher lows
[11:16] <+jigglyhippo> Long ES @ 911
[11:16] <+jigglyhippo> stop 910.25
[11:17] <+silo> wrbtrader. when it comes to window dressing. is it typical for funds to dump the last day after they've bought the price up ? or do they usually wait for the first day of next quarter? 7/1
[11:18] <+jbuch> is it dumping or were they the only ones buying.
[11:18] <+ItalianSharp> i think they must wait for the current quarter to end first
[11:18] <+ItalianSharp> otherwise, they couldn't show their clietns those HOT stocks are on their portfolio
[11:19] <+silo> right hat's what i was thinking too
[11:19] <+silo> but still... this is weird
[11:19] <+Nesi> Covered ES Short @ 911.75 --> 0
[11:19] <+Nesi> Reverse and Enter Long ES @ 911.75
[11:19] <+silo> SUCH a big drop on the last day of the quarter
[11:19] <+silo> with greater volume than previous up days
[11:19] <+ItalianSharp> silo here is what i think:
[11:20] <+ItalianSharp> lots of those funds loaded up at the beginning of the quarter
[11:20] <+ItalianSharp> they are now selling to show gains
[11:20] <+silo> right
[11:20] <+ItalianSharp> almost every single stock was undervalued
[11:21] <+silo> from the bottom rally
[11:21] <+ItalianSharp> so i dont think window dressing fits this quarter to be honest
[11:21] <+silo> that would explain the previous few day's rally
[11:21] <+silo> and the big drop today
[11:21] <+silo> they are simply locking profits
[11:21] <+silo> and going conservative
[11:21] <+ItalianSharp> yes...window dressing is better applied when markets are mixed or overbought
[11:21] <+silo> after taken a big chunk of the pie
[11:21] <+rickf> i think summer will be mostly a down-trend
[11:21] <+rickf> this past 8 weeks as a bear-market rally imho
[11:22] <+silo> will have to see how the retracement is
[11:22] <+rickf> earnings start next week too and i dont think we'll see much good news there
[11:22] <+ItalianSharp> we should creep down on low volatility
[11:22] <+silo> i'm short since 6/16
[11:22] <+silo> have about 11 stocks
[11:22] <+silo> have to watch the retracement if we get one
[11:22] <+silo> to see how healthy it is
[11:23] <+iliketrading> hey OIC
[11:23] <OICU812> hey guys, hope you been having fun with the short :)
[11:23] <+silo> this little bounce here has no volume at all
[11:23] <+silo> oh yes oicu
[11:23] <+fcb98292> keeping my sell stop order at 910
[11:24] <+OICU812> i think it might keep falling
[11:24] <+fcb98292> in case support breaks
[11:24] <+rickf> i'd take a 912 short but not liking the creep action right now
[11:24] <+OICU812> 912 and 914 are key
[11:24] <+iliketrading> what about 908?
[11:24] <+OICU812> 910 and 914 sorry
[11:24] <+iliketrading> that was made in afterhours tho
[11:24] <+jbuch> Long ES @ 912
[11:26] <+Nesi> Exited all ES Long @ 912.00 --> + 1.5
[11:26] <+fcb98292> wtg
[11:28] <+fcb98292> Sell stop order lowered to 909.
[11:28] <+OICU812> added to my short here 912.5
[11:29] <+jbuch> Exited all ES Long @ 912.25 --> + 0.25
[11:29] <+jbuch> me no likey
[11:29] <+Nesi> Shorts ES @ 911.75
[11:30] <+jigglyhippo> Exited all ES Long @ 912.25 --> + 1.25
[11:30] <+Nesi> Shorts ES @ 911.00 -> Add
[11:30] <+silo> low volume bounce is not working :)
[11:30] <+fcb98292> here she comes
[11:30] <+jbuch> Shorts ES @ 911
[11:30] <+jbuch> chasing
[11:31] <+fcb98292> volatility up
[11:31] <+rickf> yep would have been a nice short for me le sigh
[11:31] <+rickf> good analysis, at least :)
[11:32] <+OICU812> Scale 910.00
[11:32] <+fcb98292> 910 trying to hold support.
[11:32] <+jbuch> Covered all ES Short @ 910 --> + 1
[11:34] <+jbuch> lots of vol coming in on these lil reversals
[11:35] <+fcb98292> trap is set...
[11:35] <+OICU812> still short bias.
[11:36] <@NihabaAshi> Trend day (down) so far
[11:36] <@NihabaAshi> volatility very low
[11:36] <+silo> nesi you might enjoy this
[11:36] <+silo> http://www.traileraddict.com/
[11:36] <@NihabaAshi> not expecting any spikes here soon
[11:36] <+OICU812> wrbtrader, I added my profile yesterday
[11:37] <+silo> huge amoutn of good quality trailers. you can find good movies to download from there :)
[11:37] <+OICU812> 909.25 Scale
[11:37] <+fcb98292> Short ES 909 SIM
[11:37] <+fcb98292> Stop 912.25 SIM
[11:38] <+Nesi> Covered 1/2 ES Short @ 908.75 --> + 2.25
[11:38] <@NihabaAshi> ES below the low of that key support area of 908.50
[11:39] <+Nesi> exit stop set ES @ 911.00
[11:39] <@NihabaAshi> OICU812...if you followed the instructions at that link I posted @ viewtopic.php?f=5&t=5
[11:39] <+Nesi> on the rest
[11:39] <@NihabaAshi> Your all set.
[11:39] <@NihabaAshi> I'll check in a few minutes because you only mention profile as if you only did one thing when there's two things you need to do.
[11:40] <+fcb98292> Stop to 911
[11:40] <+Nesi> i post this in my screen , from OICU... this should happens , small loss, small win, big win BUT NEVER BIG LOSS
[11:40] <+OICU812> i need the profit statement still
[11:40] <+Nesi> thanks OICU
[11:40] <+OICU812> yw Nesi
[11:40] <@NihabaAshi> Yes...i just looked...your missing the broker statements (real money or simulator).
[11:41] <+OICU812> ok im bailing on shorts. 909.25 all out
[11:41] <+Nesi> rinse and repeat...right..OICU ? :)
[11:41] <+Nesi> Covered all ES Short @ 910.00 --> + 1.75
[11:42] <@NihabaAshi> Had ES not gone 1 tick below the low of that support...
[11:42] <+fcb98292> Out 910 -1 SIM
[11:42] <@NihabaAshi> I would have been Long @ 909
[11:42] <+jbuch> we're at several real high vol closesand the bottom of that consolidation are from last week
[11:43] <+OICU812> you got it Nesi
[11:43] <+OICU812> :)
[11:43] <+OICU812> the rinse and repeat part is the most important one
[11:43] <+OICU812> if this next move down does not break LOD, its longs
[11:43] <+Nesi> i guess once u "get it" is like riding a bike.. correct?
[11:44] <+jigglyhippo> delayed post
[11:44] <+jigglyhippo> Long ES @ 909.25
[11:44] <+jigglyhippo> stop 907.75
[11:45] <+OICU812> i guess its different for everyone Nesi, in my case at least for some reason every day is different.
[11:45] <+OICU812> but every day is tradable
[11:49] <+OICU812> did not pull back enough to get in :(
[11:49] <+werner> rinse and repeat part?
[11:50] <@NihabaAshi> Hypothetically everyday is tradable.
[11:51] <@NihabaAshi> Throw in your personal life and then realistically every day is not tradable.
[11:51] <+Nesi> good point
[11:51] <@NihabaAshi> For example...wake up sick one morning and decide to "not trade" due to not feeling good...
[11:51] <+werner> yep
[11:51] <@NihabaAshi> That trading day is not tradable :)
[11:52] <+OICU812> very true
[11:52] <+werner> i know thnx
[11:52] <@NihabaAshi> Yet, I do understand what you meant
[11:52] <+OICU812> or a hangover for those that drink
[11:52] <+Nesi> Long ES @ 910.50
[11:53] <+werner> lol
[11:53] <+jbuch> Long ES @ 910.5
[11:54] <+jbuch> was trying to cancel it but got filled wiil see where it goes
[11:54] <+jigglyhippo> up up!
[11:54] <+jigglyhippo> i hope
[11:54] <+rickf> 'tradable' is in the eye of the trader :)
[11:55] <+rickf> i go thru that with a friend who swing-trades commodities and currencies
[11:55] <@NihabaAshi> I know someone that averages about 300 roundtrip trades per day in the Emini ES...
[11:55] <+jigglyhippo> scalper?
[11:55] <@NihabaAshi> He hasn't missed a trading day in the past 6 months or so.
[11:55] <@NihabaAshi> Yeah...a hardcore scalper
[11:55] <+rickf> i refuse to scalp for ticks :(
[11:56] <+Nesi> green every day wrbtrader?
[11:56] <+rickf> too much effort for too little reward imho
[11:56] <+jbuch> Exited all ES Long @ 910 --> - 0.5
[11:56] <@NihabaAshi> He's barely over breakeven with commissions...
[11:56] <+Nesi> geez
[11:56] <@NihabaAshi> At least he's not at a loss for the year
[11:57] <@NihabaAshi> If I traded like that...I would have carpal tunnel syndrome by the end of one week :)
[11:58] <+OICU812> jbuch, not a bad fill now
[11:58] <+OICU812> :)
[11:58] <+Nesi> i am getting some room now
[11:58] <+rickf> is he automated or manually trading?
[11:58] <@NihabaAshi> mostly automated
[11:59] <+jigglyhippo> Exited all ES Long @ 910.75 --> + 1.5
[11:59] <+rickf> interesting
[11:59] <@NihabaAshi> he's a DOME trader
[11:59] <+rickf> i'm still leery of automated trading
[11:59] <+OICU812> i never learned to trade like that
[12:00] <+rickf> ok for testing strategies though - helpful for me in learning things
[12:00] <+rickf> i use the DOM myself but for order entry, not analysis
[12:00] <+rickf> but moving to chart-based trading soon i think
[12:01] <+OICU812> http://www.youtube.com/watch?v=dY67amvs ... re=channel
[12:01] <+OICU812> if you want to see scalping
[12:01] <+OICU812> notice the pnl window he has
[12:03] <@NihabaAshi> I would make too many mistakes trading like that...it's moving too fast or his trade decisions are too fast.
[12:03] <+Nesi> Exited all ES Long @ 909.75 --> - 0.75
[12:05] <+jbuch> I don't even have a clue what the heck he is doing
[12:05] <+iliketrading> oic that scalper video's pretty cool
[12:05] <+silo> he is tape reading
[12:06] <+jbuch> yeah I got that but
[12:06] <+silo> it's an old technique used in NYSE
[12:06] <+silo> watching for market prints, determining sellers, buyers
[12:06] <+silo> but i have never seen people tick tick tick like that lol
[12:06] <+jbuch> ios he entering and exiting evry time he touches the screen
[12:06] <+iliketrading> seems like he's scalping trend with s/r
[12:06] <+Nesi> how much in comish he is paying there
[12:07] <+silo> he is simply buying one position when one offer is getting taken out
[12:07] <+silo> and same thing for the other side
[12:07] <+Nesi> look at that P/L
[12:07] <@NihabaAshi> mofe doesn't trade anymore :(
[12:07] <+silo> whenever one bid/offer price gets taken out. or about to. he tries to get in
[12:07] <+Nesi> geez
[12:07] <+OICU812> you knew him NihabaAshi?
[12:07] <+iliketrading> ic right before it takes off to the next level
[12:08] <@NihabaAshi> I know a mofe nor a mofe2006 or mofe2003
[12:08] <@NihabaAshi> mofe was a hard core scalper of ES, YM and DAX
[12:08] <+OICU812> he blew up or retired?
[12:08] <@NihabaAshi> not sure if its the same person
[12:08] <@NihabaAshi> No...he just said he was meeting his goals and suddenly disappeared.
[12:09] <+OICU812> mofe2006 is probably just his youtube handle
[12:10] <+silo> i'm sure it's the same person
[12:10] <+silo> how many people do you see named mofe
[12:10] <@NihabaAshi> true :)
[12:10] <+silo> you use some of the same stuff he does
[12:10] <+silo> i'm just reading one of his youtube
[12:11] <+rickf> jeez, i think we should re-name bloomberg-tv the magicjack advertisement network
[12:11] <+iliketrading> lol
[12:11] <+iliketrading> hahaha
[12:11] <+rickf> talk about wear-out advertising
[12:11] <+iliketrading> now available at cvs
[12:11] <+rickf> every commercial break.....ugh
[12:11] <+jbuch> lol
[12:11] <+werner> i have premission from wrbtrader too post this...so maybe it can help some of you.. http://docs.thinkfree.com/docs/view.php?dsn=850469
[12:12] <+iliketrading> i doubt they add 250k users every month...
[12:12] <+rickf> and yes, i have started listening to bloomberg now and thenduring the day just for background noise
[12:12] <+Nesi> Long ES @ 911.25
[12:12] <+Nesi> chasing it
[12:13] <+jbuch> thanks werner
[12:13] <+rickf> nice, downloading it now
[12:13] <+Nesi> thanks a lot werner
[12:13] <+werner> :))))
[12:14] <+OICU812> i did not get a pullback for this long :(
[12:15] <+jbuch> I am writing to the managment
[12:17] <+werner> bbl
[12:22] <+Nesi> Exited all ES Long @ 910.25 --> - 1
[12:22] <+Nesi> back later
[12:25] <@NihabaAshi> For the first time in a long time...
[12:26] <@NihabaAshi> I have this feeling today could end as a losing trading day...first time in a long time.
[12:26] <@NihabaAshi> Currently down about -3.25 points with commissions
[12:26] <+rickf> :(
[12:27] <@NihabaAshi> Just been losing my urge to trade after the morning session which is why this loss may hold for the day.
[12:27] <+jbuch> u have tons of time left and the market is moving u can make that up with 1 trade
[12:27] <@NihabaAshi> Been feeling like that for several trading days now.
[12:27] <@NihabaAshi> Got a vacation coming up in later July...should help prevent burnout.
[12:27] <+OICU812> not enjoying trading as much NihabaAshi?
[12:28] <@NihabaAshi> Just been busy with a lot of personal stuff
[12:30] <@X> #FuturesTrades Info -> Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade. 2009 chat logs stored @ viewforum.php?f=20 and chat logs prior to 2009 are stored @ http://www.thestrategylab.com/ArchivedPastTrades.htm. Also, do not mimic (shadow) trades of others without their permission.
[12:36] <+OICU812> where are you going on your vacation?
[12:37] <@NihabaAshi> Most likely Cuba...currenlty waiting on info from the U.S. Embassy about my travel considering I'm a U.S. citizen that doesn't live in the U.S.
[12:38] <+jbuch> Shorts ES @ 912.5
[12:39] <+jbuch> Covered 1/2 ES Short @ 911.25 --> + 1.25
[12:41] <@NihabaAshi> Change of topic...
[12:41] <+jbuch> Covered Remainder ES Short @ 912.25 --> + 0.25
[12:41] <@NihabaAshi> #FuturesTrades has been around for a long time...
[12:41] <@NihabaAshi> Before 911
[12:42] <@NihabaAshi> Prior to 911 we had two members in here that were firm traders and one said he worked in one of the towers.
[12:42] <+OICU812> any customers in the towers?
[12:42] <+OICU812> :(
[12:43] <@NihabaAshi> In the morning he was logged in and then something auto logged him out via the "quit error" message you get as if disconnected.
[12:43] <@NihabaAshi> Well...after 911 we never saw those two guys again in here :(
[12:43] <+OICU812> :(
[12:43] <@NihabaAshi> They had been using #FuturesTrades for a few months.
[12:44] <@NihabaAshi> Also...
[12:44] <@NihabaAshi> nothing to do with 911
[12:45] <@NihabaAshi> We had a member in hear name Jazz...great trader that lived and traded from Israel
[12:45] <@NihabaAshi> He would tell us of any bombings in real-time and you'll then see the market drop a few points within minutes later.
[12:46] <@NihabaAshi> One day he said a bomb just went off at the corner of his street and he too got disconnected.
[12:46] <+OICU812> amazing what people do to each other
[12:46] <@NihabaAshi> He returned the next day to say he was ok.
[12:47] <@NihabaAshi> My point was that those particular times I realized how connected the world events was in these chat rooms via users being located in different parts of the world
[12:48] <+OICU812> everything is tied together
[12:51] <+OICU812> 12.75 resistance held the move up
[12:52] <+jbuch> Long ES @ 912
[12:55] <+OICU812> slowed down like yesterday
[12:55] <+jigglyhippo> have a 1pt stop jb?
[12:57] <+jbuch> exit stop set ES @ 911.25
[12:58] <+jbuch> probably should have it at 910.75 but
[12:58] <+OICU812> yeah was going to ask about that jbuch
[12:59] <+jigglyhippo> agreed with 910.75
[13:00] <+jbuch> 911.5 has held 3 times so if it breaks below that think that I was wrom=ng
[13:01] <+OICU812> short 912.00
[13:01] <+jigglyhippo> did you get stopped out jb?
[13:01] <+jbuch> Exited all ES Long @ 911.25 --> - 0.75
[13:01] <+jigglyhippo> =/
[13:01] <+jbuch> yuppers
[13:02] <+jigglyhippo> damn thought you ahd that one
[13:02] <+jigglyhippo> had
[13:02] <+jigglyhippo> next tiem
[13:03] <+OICU812> 11.5 scale
[13:05] <+OICU812> 911.00 scale
[13:05] <+OICU812> i have a hard time holding when its this slow
[13:07] <+OICU812> 11.5 im out
[13:10] <+rickf> my yawns from yesterday are back today :(
[13:10] <@NihabaAshi> Shorts ES @ 911.75 -> small size
[13:10] <@NihabaAshi> 2 only
[13:10] <@NihabaAshi> I jsut saw some large size orders
[13:11] <@NihabaAshi> tightning my stop
[13:11] <+rickf> yeah 1800 contracts ... big 'un
[13:13] <@NihabaAshi> its a tight trading range of like 3 ticks with that type of size moving through on the prints
[13:14] <@NihabaAshi> still holding my short because I like what I see in Gold and Oil for the moment
[13:14] <+OICU812> lol, thats what i got on my last trade, 2 and 3 ticks
[13:18] <@NihabaAshi> tight trail
[13:19] <+jbuch> come on 910
[13:19] <+OICU812> i guess i should have held to my short
[13:20] <+OICU812> nice one jbuch
[13:20] <+jbuch> I am not in applying mental pressure for wrbtrader
[13:21] <+OICU812> it is nice
[13:21] <@NihabaAshi> I could call in a bomb threat to the exchange if you want :)
[13:21] <+jbuch> at the up trendline fo this lil retracement
[13:21] <+jbuch> That would do the trick :)
[13:22] <+jbuch> tick rebounding
[13:22] <@NihabaAshi> Would prefer to call in a "Bin Laden" capture rumore and then go Long...
[13:22] <codehead> lol
[13:22] <+jbuch> LOl
[13:22] <@NihabaAshi> More upside on that than downside on a bomb threat
[13:22] <+rickf> heheh
[13:22] <+rickf> rumour mongerer!
[13:23] <+rickf> talk like that you sound like you're running a hedge fund desk :)
[13:23] <+OICU812> i would not toy with such rumors LOL :)
[13:23] <+jbuch> That would ba a no harm no foul situation
[13:23] <@NihabaAshi> Covered all ES Short @ 911.00 --> + 0.75
[13:25] <+jigglyhippo> Long ES @ 910.75
[13:25] <+jigglyhippo> stop 909.75
[13:32] <+Nesi> back
[13:33] <+OICU812> wb
[13:34] <+jigglyhippo> Exited ES Long @ 911 --> + 0.25
[13:39] <+codehead> long 1c ES 911.00 <paper>
[13:41] <+jbuch> Long ES @ 910.75
[13:41] <+jbuch> took 3 minutes to fill it
[13:41] <+Nesi> you doing pretty well , jbuch
[13:41] <+rickf> sick tape :(
[13:41] <+Nesi> nice trading
[13:41] <+jigglyhippo> back in
[13:41] <+jigglyhippo> Long ES @ 911
[13:42] <+jigglyhippo> stop 910
[13:42] <+jbuch> thanks got a wicked head cold so keeping it mellow
[13:42] <+Nesi> i am pulling for wrbtrader, i would not like for him to close red after so long being green
[13:42] <+codehead> exit ES +.75 <paper>
[13:43] <+jbuch> Exited 1/2 ES Long @ 911.75 --> + 1
[13:44] <+jbuch> good expnding vol on that breakout bar
[13:44] <+Nesi> Long ES @ 911.75
[13:44] <+codehead> had a nice little ghost on 3 min chart, was playing that
[13:44] <+Nesi> 2c
[13:44] <+jbuch> exit stop set ES @ 910.25
[13:45] <+jigglyhippo> Exit 1/2 ES Long @ 912 --> + 1
[13:45] <+jbuch> tried to move my target but moved up to fast
[13:49] <+Nesi> Exited all ES Long @ 911.25 --> - 0.5
[13:50] <+jbuch> in retrospect was a complete genious getting out when i did
[13:53] <+jbuch> Exited all ES Long @ 910.5 --> - 0.25
[13:53] <+jigglyhippo> Exited all ES Long @ 910.75 --> - 0.25
[13:53] <+jigglyhippo> damn jb
[13:53] <+jigglyhippo> thought we had that one
[13:54] <+jbuch> yup had my target set 914 and was think that i would probably shoot for 916
[13:55] <+jbuch> lol
[13:55] <tomosyn57> Shorts SSO @ 25.83
[13:55] <+tomosyn57> late post
[13:55] <+Nesi> Shorts ES @ 909.75
[13:55] <+Nesi> 2c
[13:55] <+tomosyn57> exit stop set SSO @ 25.81
[13:56] <+jigglyhippo> Shorts ES @ 910.25
[13:56] <+jigglyhippo> stop 911.75
[13:56] <+jigglyhippo> missed it at 910.50
[13:56] <+tomosyn57> Covered 1/2 SSO Short @ 25.78 --> + 0.05
[13:57] <+tomosyn57> Trailing Stop Hit SSO @ 25.81 --> + 0.02
[13:57] <+jigglyhippo> lets dropppp
[13:58] <+tomosyn57> Shorts SSO @ 25.8
[13:58] <+jbuch> broke the up trenline of that wedge
[13:59] <+tomosyn57> Covered all SSO Short @ 25.78 --> + 0.02
[13:59] <+OICU812> 909.25 next support
[14:00] <+jigglyhippo> are you short oicu/
[14:00] <+jigglyhippo> ?
[14:00] <+OICU812> nope flat now
[14:00] <+OICU812> thinking of a long
[14:00] <+OICU812> maybe a bad idea LOL
[14:01] <+jigglyhippo> Covered 1/2 ES Short @ 909.50 --> + 0.75
[14:01] <+OICU812> got in 909.5
[14:02] <+Nesi> Covered ES Short @ 910.25 --> - 0.5
[14:02] <+Nesi> Reverse and Enter Long ES @ 910.25
[14:02] <+OICU812> support held well
[14:02] <+jigglyhippo> yup
[14:02] <+OICU812> Scaled 910.5
[14:03] <+OICU812> scaled 910.25
[14:04] <+OICU812> all out
[14:04] <+iliketrading> wtg
[14:04] <+OICU812> not ennough strength up
[14:06] <+Nesi> Exited ES Long @ 909.25 --> - 1
[14:06] <+Nesi> Reverse and Enter Short ES @ 909.25
[14:07] <+jigglyhippo> Covered all ES Short @ 909.25 --> + 1
[14:11] <+Nesi> Covered ES Short @ 911.25 --> - 2
[14:11] <+Nesi> Reverse and Enter Long ES @ 911.25
[14:11] <+jigglyhippo> Long ES @ 910.25
[14:11] <+jigglyhippo> stop 909
[14:15] <+jigglyhippo> this thing needs to go
[14:16] <+jigglyhippo> 15 min SMA 914.00, 30 min SMA 918.75, 60 SMA 920.00
[14:17] <+OICU812> you know, i hate when i see things right but due to slowness i get out
[14:17] <+jigglyhippo> you were in at 909.50
[14:17] <+jigglyhippo> right?
[14:18] <+OICU812> yeah
[14:18] <+jigglyhippo> messed around in the 910s for a bit though
[14:21] <+jigglyhippo> .....
[14:21] <+OICU812> ......
[14:21] <+jigglyhippo> this makes me want to get out
[14:21] <+jigglyhippo> but trying to be patient
[14:22] <@NihabaAshi> If we were at the CME right now I bet most of those guys are outside in that cafe area drinking beer and eating hotdogs which is why the range is so tight right now. (few are trading).
[14:22] <+rickf> you said it wrbtrader
[14:23] <+rickf> there just isn't anything compelling to trade imho ... anywhere right now
[14:23] <+rickf> for me, anyway
[14:24] <+fcb98292> yep, just waiting for alerts and paying my qtr taxes
[14:24] <+Nesi> Long ES @ 912.00 -> Add
[14:25] <+OICU812> i had 909.5 :(((((
[14:26] <+jigglyhippo> Exited 1/2 ES Long @ 912.25 --> + 2
[14:27] <+OICU812> nice jigglyhippo
[14:27] <+OICU812> :)
[14:27] <+jigglyhippo> thanks
[14:28] <+jigglyhippo> becoming impatient
[14:28] <+jigglyhippo> Exited ES Long @ 912 --> + 1.75
[14:28] <+rickf> vn
[14:29] <+jigglyhippo> thankws
[14:29] <+jigglyhippo> thanks
[14:29] <+OICU812> short 912.00
[14:31] <+Nesi> Exited all ES Long @ 911.75 --> + 0.25
[14:33] <+Nesi> Long ES @ 911.75
[14:33] <+jigglyhippo> i like this short oicu
[14:33] <+jigglyhippo> i personally would have a 914 stop
[14:33] <+OICU812> 911.5 scale
[14:34] <+OICU812> 913.00 is my stop jigglyhippo
[14:34] <+jigglyhippo> cool
[14:34] <+jigglyhippo> hopefully you wont have to worry about it :_
[14:34] <+jigglyhippo> :)
[14:34] <+OICU812> we'll see :)
[14:34] <+OICU812> i like that resistance
[14:35] <+Nesi> Long ES @ 912.25 -> Add
[14:36] <@X> #FuturesTrades Info -> Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade. 2009 chat logs stored @ viewforum.php?f=20 and chat logs prior to 2009 are stored @ http://www.thestrategylab.com/ArchivedPastTrades.htm. Also, do not mimic (shadow) trades of others without their permission.
[14:37] <+jigglyhippo> lol should have held my long a bit longer
[14:38] <+OICU812> slow afternoons
[14:39] <+OICU812> i guess you were right about the 914 stop :)
[14:40] <+iliketrading> maybe get another short around vwap
[14:41] <+OICU812> 913.25 short
[14:41] <+jigglyhippo> 914 stop this time?
[14:41] <+OICU812> yep :)
[14:41] <+jigglyhippo> :)
[14:41] <+jigglyhippo> Shorts ES @ 913.25
[14:41] <+jigglyhippo> stop 914
[14:44] <+iliketrading> short 13
[14:45] <+jbuch> dang there was that reversal that I was looking for
[14:46] <+iliketrading> out
[14:46] <+OICU812> 13.5 out
[14:46] <+OICU812> -.25
[14:46] <+iliketrading> lost 2 ticks there
[14:48] <+jbuch> Shorts ES @ 913.5
[14:48] <+Nesi> Exited ES Long @ 913.00 --> + 1.25
[14:48] <+Nesi> Reverse and Enter Short ES @ 913.00
[14:49] <+jbuch> ttick plummeting
[14:49] <+OICU812> short ES again same spot
[14:50] <+jigglyhippo> Covered ES @ 912.50 --> + 0.75
[14:50] <+jigglyhippo> thinking of hopping back in
[14:51] <+jigglyhippo> damn was filled at 912.75
[14:51] <+jigglyhippo> Long ES @ 912.75
[14:51] <+jigglyhippo> late entry
[14:51] <+jigglyhippo> :(
[14:51] <+jigglyhippo> sorry
[14:51] <+jigglyhippo> Short ES @ 912.75
[14:52] <+jbuch> Covered all ES Short @ 913 --> + 0.5
[14:52] <+OICU812> out of this one too, BE
[14:53] <+jbuch> my entry was the second one today where the price did not go past it
[14:53] <+Nesi> Covered all ES Short @ 913.75 --> - 2.25
[14:53] <+jigglyhippo> wow
[14:54] <+jbuch> left them both on for a while and after sbout 8 touches it filled
[14:54] <+jbuch> is that what ypu guys see
[14:54] <+iliketrading> short 13.5
[14:56] <+iliketrading> out for a tick
[14:56] <@NihabaAshi> starting to look like a fade is setting up to the upside
[14:56] <+Nesi> Shorts ES @ 913.00
[14:56] <+iliketrading> damn now its tkaing off.
[14:56] <@NihabaAshi> Shorts ES @ 913.00 -> small size
[14:56] <@NihabaAshi> nope
[14:57] <@NihabaAshi> 1 only
[14:57] <@NihabaAshi> will easily reverse into a larger position if wrong
[15:00] <@NihabaAshi> Covered all ES Short @ 913.00 --> 0
[15:01] <+Nesi> Shorts ES @ 912.50 -> Add
[15:02] <+rickf> last hour
[15:02] <+Nesi> Shorts ES @ 912.0 -> Add
[15:02] <@NihabaAshi> Shorts ES @ 912.00 -> small size
[15:03] <@NihabaAshi> 3 only in reaction to prior trade early out
[15:03] <+jigglyhippo> here we go
[15:03] <+jigglyhippo> :)
[15:03] <+rickf> grrr i almost took that 913 short and then decided not to chase it :(
[15:05] <@NihabaAshi> Covered all ES Short @ 911.75 --> + 0.25
[15:05] <@NihabaAshi> punks
[15:06] <+jigglyhippo> bearsss
[15:06] <+jigglyhippo> double top right
[15:06] <+OICU812> double top it is
[15:06] <+jigglyhippo> downtown, lets do it
[15:07] <+jigglyhippo> Covered 1/2 ES Short @ 911.50 --> + 1.25
[15:07] <@NihabaAshi> won't complain too much because the prior Short @ 913.00 would have reached a profit target @ 912.00 had I stayed in it.
[15:08] <+jbuch> Long ES @ 911.75
[15:11] <+Nesi> Covered all ES Short @ 912.50 --> 0
[15:11] <+jbuch> bye bye
[15:11] <+jigglyhippo> nice long
[15:11] <+jigglyhippo> Covered all ES Short @ 912.50 --> + 0.25
[15:11] <+jbuch> hello
[15:12] <+jigglyhippo> hi
[15:13] <+jbuch> Exited all ES Long @ 912.5 --> + 0.75
[15:15] <+jbuch> Exited Remainder ES Long @ 911.75 --> 0
[15:15] <+jbuch> dang thought i had a runner
[15:17] <+jigglyhippo> might just chop around till end of session right?
[15:17] <+jbuch> that is pretty much all that it does these days
[15:17] <+TraderG> [19:11:54] <+werner> i have premission from wrbtrader too post this...so maybe it can help some of you.. http://docs.thinkfree.com/docs/view.php?dsn=850469
[15:18] <+TraderG> this is a better link
[15:18] <+TraderG> it is a standard pdf
[15:18] <+codehead> remember end of month, end of a huge up quarter
[15:18] <+TraderG> http://www.meta-formula.com/support-fil ... 6cd249.pdf
[15:18] <+codehead> possible to get squirrelly, tho low volume day, most people have their positions done
[15:18] <+Nesi> Shorts ES @ 911.75
[15:19] <+rickf> yep - is why i've been flat all afternoon .... days like this its better for me to stand aside
[15:20] <+rickf> any other day i'd be looking to enter short around here ... but no vol :(
[15:21] <+OICU812> im flat too rickf
[15:21] <+rickf> flat is a position too :)
[15:21] <+rickf> last year i'd be trying to scalp for ticks and a point all afternoon, and end up losing big on the day
[15:22] <+rickf> definately happier with my patience now
[15:24] <+Nesi> Covered all ES Short @ 913.75 --> - 2
[15:26] <+rickf> JP Morgan now raising minimum monthly credit card payments to 5pct from 2pct in August
[15:27] <+rickf> ths on top of the 5pct balance-transfer fee they announced last week
[15:27] <+Nesi> Shorts ES @ 913.50
[15:27] <+jigglyhippo> might have new highs
[15:27] <+jigglyhippo> afternoon highs
[15:27] <+jbuch> wife plopped the baby in my lap and I misssed the reentry.
[15:28] <+jbuch> where is the dog need something to kick
[15:28] <+rickf> lol
[15:28] <+rickf> get a stuffed bull or bear
[15:29] <+jbuch> just kidding best dog in the world would.nt kick her
[15:29] <+Nesi> Shorts ES @ 913.00 -> Add
[15:29] <+jigglyhippo> sure sure
[15:30] <+drt> l es 13.25
[15:30] <@NihabaAshi> fade opportunity for me again
[15:30] <@NihabaAshi> may take it this time
[15:31] <@NihabaAshi> Long ES @ 914.25 -> small size
[15:31] <@NihabaAshi> 2 only
[15:32] <@NihabaAshi> intuition
[15:33] <+Nesi> Covered all ES Short @ 914.50 --> - 2.5
[15:33] <+ItalianSharp> NQ about to hit a wall
[15:33] <@NihabaAshi> Exited all ES Long @ 915.25 --> + 1
[15:34] <+drt> cl es 15.25
[15:34] <+jigglyhippo> nice entry drt
[15:39] <+jbuch> Shorts ES @ 915.5
[15:40] <+Nesi> Shorts ES @ 915.00
[15:41] <+Nesi> Shorts ES @ 914.25 -> Add
[15:41] <+jigglyhippo> nice entry jb
[15:41] <+jbuch> Covered 1/2 ES Short @ 914.25 --> + 1.25
[15:41] <+rickf> vn
[15:41] <+jbuch> thanks
[15:41] <+OICU812> nice jb
[15:42] <+iliketrading> do u guys like to initiate trades around vwap?
[15:42] <+jbuch> Covered Remainder ES Short @ 914.75 --> + 0.75
[15:42] <+rickf> nope don't use it at all here
[15:42] <+iliketrading> k
[15:43] <+rickf> as in i don't use it myself --- others here might
[15:43] <+jbuch> I look at it but only as a referance.
[15:44] <+jbuch> A day like today Ithink that it is worthless
[15:44] <@NihabaAshi> We had a member name jperl that initiated trades via VWAP.
[15:45] <+jbuch> jperl is a member didn't know that
[15:45] <+Nesi> Covered all ES Short @ 916.00 --> - 2.75
[15:45] <@NihabaAshi> However, once he got his method fully understood...he stopped coming here and started discussing the mechanics of it at either traderslaboratory.com or trade2win.com
[15:45] <@NihabaAshi> can't remember which
[15:45] <+jbuch> traders lab
[15:46] <@NihabaAshi> I would pay attention sometimes because whenever I was overtrading via intuition trades...I notice they were occurring around his VWAP numbers
[15:47] <+iliketrading> ok thanks wrbtrader
[15:48] <+iliketrading> i noticed all the big volume today came in at vwap
[15:48] <+iliketrading> now its a huge battle at vwap
[15:48] <+iliketrading> probably into the close
[15:48] <+rickf> so get this for stupid trader tricks --
[15:49] <+rickf> i have to identical charts going here; trying to figure out why one is trending up and the other down ... same interval, same everything
[15:49] <+rickf> 5 minutes later i realize oh, idiot me, they were different contracts :(
[15:49] <@NihabaAshi> We're currently in a key resistance area of 918.25 - 915.25
[15:49] <+rickf> *headdesk*
[15:49] <+iliketrading> lol
[15:50] * +rickf thought i was going crazy or had data problems or something
[15:51] <+Nesi> Shorts ES @ 915.50
[15:51] <+jbuch> Shorts ES @ 915.5
[15:51] <+jbuch> :))
[15:51] <+jbuch> chased tha a lil bit
[15:52] <+werner> back
[15:52] <+Nesi> Shorts ES @ 914.50 -> Add
[15:53] <+jbuch> Covered 1/2 ES Short @ 914.25 --> + 1.25
[15:53] <+werner> nice
[15:54] <@NihabaAshi> Shorts ES @ 914.25 -> small size
[15:54] <+OICU812> 914.00 long
[15:54] <@NihabaAshi> 1 only
[15:54] <@NihabaAshi> entry problem but will keep the trade
[15:54] <+OICU812> exit -.25
[15:56] <+jbuch> Covered all ES Short @ 913.25 --> + 2.25
[15:56] <+OICU812> 913.25 long again
[15:56] <+OICU812> 14.25 scale
[15:56] <@NihabaAshi> Covered ES Short @ 914.00 --> + 0.25
[15:57] <@NihabaAshi> punks
[15:57] <+werner> Long NQ @ 1473.50
[15:57] <+jbuch> iliketrading I have not studied or tested vwap very much so I should not have said that it is worthless.
[15:58] <+OICU812> 915.00 Scale
[15:58] <+iliketrading> thanks jb
[15:58] <+werner> Exited all NQ Long @ 1475.00 --> + 1.5
[15:58] <+rickf> me neither -- just one of the zillions of indicators i don't use or don't know about :)
[15:58] <+OICU812> 915.5 all out
[15:58] <+jbuch> my problem with it on aday like this is that because of the big down move this morning and then the long sideways action the average has been pulled down and I don't really think that it means to much
[15:59] <+iliketrading> ok
[15:59] <+jbuch> but on a range day I think that vwap is a good guide post
[15:59] <@NihabaAshi> Long ES @ 914.75 -> small size
[15:59] <@NihabaAshi> 1 only
[16:00] <+OICU812> thats it for today
[16:00] <+rickf> ....aaaand there's the quarter and first half of '09
[16:00] <+OICU812> thank goodnes for the morning session
[16:00] <+jbuch> bit it definetly seems to be acting as a pivot right now
[16:01] <@NihabaAshi> Exited ES Long @ 915.00 --> + 0.25
[16:02] <@NihabaAshi> another 1 tick trade :(
[16:02] <@NihabaAshi> seems to be the story of the day for me
[16:02] <+OICU812> have a good pm everyone
[16:02] <@NihabaAshi> I had 4 trailing stop trades hit today for +0.25
[16:03] <+jbuch> cya
[16:03] <+werner> cya
[16:03] <@NihabaAshi> wasn't a good day for trailing stops
[16:03] <+jigglyhippo> are you neg for today wrbtrader?
[16:03] <+jbuch> story of the last three days for me.
[16:03] <@NihabaAshi> Up a few points
[16:03] <+jigglyhippo> nice
[16:04] <@NihabaAshi> only because I had 5 winners out of the last 6 trades
[16:04] <+OICU812> cant complain about the am session jbuch
[16:04] <@NihabaAshi> meant 6 winners of of the last 7 trades
[16:04] <+iliketrading> good trading guys... ended up 5pts today
[16:04] <+iliketrading> cya
[16:04] <+jbuch> nope not complaining
[16:05] <@NihabaAshi> Prior to that spent too much time watching the price drop soon after the open
[16:05] <@NihabaAshi> ignored a big short signal that would have pay nicely
[16:05] <+jbuch> i didn't have my game on this am
[16:05] <+jbuch> just watched
[16:06] <+werner> gn all
[16:07] <+jbuch> night werner
[16:07] <+werner> :)
[16:14] <+rickf> g'night all -- see you tomorrow
[16:39] <@X> #FuturesTrades Info -> Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade. 2009 chat logs stored @ viewforum.php?f=20 and chat logs prior to 2009 are stored @ http://www.thestrategylab.com/ArchivedPastTrades.htm. Also, do not mimic (shadow) trades of others without their permission.
Session Close: Wed Jul 01 00:00:00 2009

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