##TheStrategyLab Price Action Chat Room Logs

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).

Our primary job in the free chat room is to moderate the room (keep the peace) when members using different trading methods are giving their market analysis while posting trades. In addition, our presence in the chat room is to ensure it's a spam free chat room. More information about #FuturesTrades @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm

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: Mon Jun 22 09:19:04 2009
Session Ident: #futurestrades
[09:19] * Now talking in #futurestrades
[09:19] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:22] <silo> asia went up about 2% last night
[09:22] <+silo> if u.s. goes down today
[09:22] <+silo> i wouldn't be surprised if asia follows tonight
[09:23] <@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.
[09:23] <+silo> and begins the retracement for real
[09:30] <drt> all
[09:31] <LP>
[09:33] <kosmipt> Shorts ES @ 906.50 «« simulator »»
[09:33] <+kosmipt> Shorts ES @ 906.25 -> Add «« simulator »»
[09:34] <jigglyhippo> al
[09:34] <+jigglyhippo> all
[09:35] <+kosmipt> Covered 1/2 ES Short @ 905.5 --> + 0.75 «« simulator »»
[09:37] <+silo> we broke that upper trendline i mentioned on 30min
[09:45] <Bambam-77> 899.25 is -20 on globex
[09:56] <+kosmipt> Covered Remainder ES Short @ 900 --> + 6.5 «« simulator »»
[09:56] <+jigglyhippo> nice kosmipt
[09:57] <+kosmipt> thx
[09:57] <+kosmipt> probably done for the day
[09:57] <+jigglyhippo> met your goal?
[09:57] <+kosmipt> yes
[09:57] <+kosmipt> wrbtrader did you catch that one?
[09:57] <+jigglyhippo> good job
[09:59] <Nesi> Covered all ES Short @ 900.00 --> + 7796.5 «« simulator »»
[09:59] <+Nesi> that was a mistake
[10:01] <+Bambam-77> using 900.5 as stp for ss
[10:03] <+Bambam-77> 901 to 894 pos
[10:09] <rickf> all
[10:09] <+jigglyhippo> rick
[10:09] <+rickf> most lilely not trading today - am not in proper "state of awareness" to trade well due to oversleeping
[10:10] <+rickf> am totally off my normal routine, so best to stay flat
[10:12] <+silo> "[09:59] <+Nesi> that was a mistake"
[10:12] <+silo> i dont believe you
[10:13] <+jigglyhippo> Long ES @ 900.50
[10:17] <+silo> if you look at daily chart, or 60min,30min. we just broke a trendline
[10:17] <+silo> and u.s. market is going down knowing asia went up 2%
[10:17] <+silo> lsat night
[10:17] <+jigglyhippo> Exited all ES @ 900.50 --> 0
[10:18] <+rickf> any major news come out over night? only thing i heard before crashing was the xstrata merger
[10:18] <+rickf> i didnt se any
[10:19] <+rickf> oh - world bank sees 2.9pct contraction
[10:20] <+Nesi> Shorts ES @ 899.00 «« simulator »»
[10:23] <+Nesi> Covered all ES Short @ 900.50 --> - 1.5 «« simulator »»
[10:24] <+Nesi> Long ES @ 900.25 «« simulator »»
[10:29] <@NihabaAshi> Good morning all...just got back home.
[10:29] <+jigglyhippo> wrbtrader
[10:29] <pat255> N
[10:30] <+pat255> @office
[10:30] <+Nesi> Exited all ES Long @ 899.00 --> - 1.25 «« simulator »»
[10:33] <@NihabaAshi> Shorts ES @ 898.50 -> large size
[10:33] <@NihabaAshi> 6 only
[10:33] <+silo> wrbtrader today is the beginning of the big retracement
[10:33] <+silo> with u.s. going down hard knowing asia up 2%
[10:33] <+rickf> we can only hope, right?
[10:34] <+silo> 30,60min,daily up trendline break
[10:34] <codehead> long 2c ES 897.75 <paper>
[10:34] <+codehead> stop 984.75
[10:34] <+codehead> 894.75
[10:34] <+codehead> target 899.75 <paper>
[10:35] <@NihabaAshi> Covered 2/3 ES Short @ 897.25 --> + 1.25
[10:36] <+silo> <^>-_- the market
[10:36] <@NihabaAshi> Missed the initial big drop but +1.25 is better than 0.00
[10:37] <@NihabaAshi> trail @ profit
[10:37] <+Nesi> Long ES @ 897.75 «« simulator »»
[10:37] <@NihabaAshi> Covered Remainder ES Short @ 898.00 --> + 0.5
[10:42] <+silo> bruce lee: http://www.youtube.com/watch?v=USlnfTGlhXc
[10:42] <+silo> be water my friends
[10:42] <+silo> :D
[10:44] <+Bambam-77> 894 as soon as we close below 95.75
[10:47] <+Nesi> Exited all ES Long @ 896.75 --> - 1 «« simulator »»
[10:47] <+Nesi> late post
[10:48] * rickf is now known as rickf_away
[11:02] <+Bambam-77> all es longs are scalps intill we close above 897 for confirmation
[11:04] <+Bambam-77> 894 is being projected then 890 and 886 but i expect we should get a nice bounce off the 94 area
[11:05] <+Bambam-77> mp players see that as a 2x range exp trgt area
[11:10] <codehead> exit ES -1.00 <paper> trade timed out
[11:10] <+Nesi> Long ES @ 896.50 «« simulator »»
[11:10] <+codehead> late post cuz i posted in wrong room, but trade had 35 min time limit
[11:13] <+silo> hey nesi, what's a good action film i should download
[11:16] <+jigglyhippo> Long ES @ 895.25
[11:16] <+jigglyhippo> scalp
[11:16] <+jigglyhippo> Exited all ES Long @ 896.25 --> + 1
[11:23] <@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.
[11:38] <+Nesi> Exited all ES Long @ 895.00 --> - 1.5 «« simulator »»
[11:45] <+jigglyhippo> Long ES @ 894.50
[11:45] <+jigglyhippo> stop 892
[11:50] <+Nesi> Long ES @ 893.00 «« simulator »»
[11:53] <@NihabaAshi> Oil and Gold still down
[11:53] <@NihabaAshi> Not expecting the Eminis to move upwards until other key markets stabilizes or finds support.
[11:55] <+Bambam-77> [11:04] <Bambam-77> 894 is being projected then 890 and 886 but i expect we should get a nice bounce off the 94 area
[11:55] <TraderG> as a long shot (or maybe not so much) we will see 800 b4 we turn up again
[11:56] <+TraderG> the economy is not showing any signs of real strength and pumping money probably made a few rich people richer but nothing more
[11:59] <jbuch> hello everyone
[12:00] <+jigglyhippo> hey jb
[12:02] <+Nesi> Exited all ES Long @ 892.00 --> - 1 «« simulator »»
[12:02] <+TraderG> i didn't expect such a gloomy response 2 my post
[12:04] <+Nesi> Long ES @ 893.00 «« simulator »»
[12:19] <+silo> we could drop 100-150 more points in ym futures
[12:19] <+silo> throughout the day
[12:19] <+silo> not sure when
[12:19] <+silo> that's likely support
[12:25] <+codehead> long 2c ES 893.00 <paper>
[12:25] <+codehead> 3 pt stop, 2 pt target, 35 min time limit
[12:26] <+codehead> not a good day for this scalp setup, so last time
[12:30] <+jbuch> Long ES @ 893.5
[12:31] <+TraderG> if anything, until the trend down is broken, i would only trade on the short side but then what do I know
[12:32] <+codehead> you know that the trend is your friend :-)
[12:34] <+TraderG> i have no friends
[12:35] <+TraderG> well may b I have a few
[12:35] <+TraderG> but only those who don't mind honesty
[12:38] <+jbuch> Exited all ES Long @ 893 --> - 0.5
[12:39] <+TraderG>
[12:44] <+jbuch> Long ES @ 893.5
[12:47] <+silo> ym 100 more points drop to go
[12:47] <+jbuch> Exited all ES Long @ 892.75 --> - 0.75
[12:52] * rickf_away is now known as rickf
[12:52] <+rickf> back
[12:54] <+TraderG> why is it so clear to see the trend and to know what one should do when one is NOT in a trade (?
[12:56] <+jbuch> Long ES @ 892.75
[12:57] <Cj_> agreed
[12:57] <+TraderG> i was hoping 4 a longer answer
[12:58] <+jigglyhippo> lets go up
[12:59] <+TraderG> 895 could b a target.....
[13:00] <+TraderG> but no guaranties from the management
[13:01] <+codehead> exit ES +.50 <paper> on time limit
[13:05] <+codehead> long 1c ES 893.00 <paper>
[13:05] <+codehead> stop 891.75 <paper>
[13:10] <+jbuch> Exited ES Long @ 893.25 --> + 0.5
[13:10] <+jbuch> Reverse and Enter Short ES @ 893.25
[13:11] <+Nesi> Exited ES Long @ 892.50 --> - 0.5 «« simulator »»
[13:11] <+Nesi> Reverse and Enter Short ES @ 892.50 «« simulator »»
[13:15] <+codehead> stopped -1.25 1c ES <paper>
[13:15] <+silo> ym going to 8200 most likely
[13:15] <@NihabaAshi> Shorts ES @ 892.00 -> medium size
[13:15] <@NihabaAshi> 4 only
[13:15] <+jbuch> Covered all ES Short @ 891.75 --> + 1.5
[13:18] <+codehead> long ES 2c 890.50 <paper> 3 pt stop, 2 pt target, 35 min time limit
[13:18] <+codehead> again, not the right day for this, jsut want to track it
[13:22] <@NihabaAshi> Covered 3/4 ES Short @ 890.75 --> + 1.25
[13:26] <@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.
[13:26] <+Nesi> Covered ES Short @ 890.25 --> + 2.25 «« simulator »»
[13:26] <+Nesi> Reverse and Enter Long ES @ 890.25 «« simulator »»
[13:29] <+Nesi> Long ES @ 890.50 -> Add «« simulator »»
[13:29] <@NihabaAshi> Covered Remainder ES Short @ 890.50 --> + 1.5
[13:37] <+Nesi> exit stop set ES @ 890.00 «« simulator »»
[13:38] <+Nesi> exit stop moved to breakeven ES @ 890.50 «« simulator »»
[13:40] <+codehead> exit +2.00 ES <paper>
[13:41] <+jbuch> nice nesi and codehead
[13:44] <+codehead> thx, was purely mechanical trade, not the best day for countertrend, tho i tried it 3 times, was lucky to have -1, +.50 first two instead of full 3 pt stop-out, both due to time limit
[13:44] <+codehead> and got the +2 that one
[13:47] <+jbuch> both sides of the trendchannel line have worked well today
[13:47] <+jbuch> for scalps
[13:47] <+jigglyhippo> yup
[13:51] <+jbuch> Shorts ES @ 892.75
[13:53] <+silo> if we bounce here . might go to 8330-8344 YM
[13:55] <+jbuch> Covered all ES Short @ 893 --> - 0.25
[14:08] <+silo> YM either goes to 8200 (100 more points down) or we bounce back to 8330-8344 area
[14:09] <+jbuch> got the inside scoop do ya.
[14:10] <+jbuch> Shorts ES @ 892.25
[14:14] <+jbuch> Covered all ES Short @ 892.5 --> - 0.25
[14:16] <+jigglyhippo> wow today has been kinda tough
[14:18] <+Nesi> may pop if we print 893.25 893.50 imho
[14:18] <+jigglyhippo> Short ES @ 892.75
[14:18] <+jbuch> got a buy oreder right there
[14:18] <+jigglyhippo> stop at 94
[14:19] <+jbuch> Long ES @ 893.25
[14:24] <+jbuch> Exited all ES Long @ 893.25 --> 0
[14:25] <+jbuch> shoulda kept my stop and seen what happens
[14:27] <+rickf> short es 893.25 paper
[14:31] <+jigglyhippo> Covered 1/2 ES Short @ 891.75
[14:31] <+rickf> out 891.75 +1.50 paper
[14:32] <+jbuch> nice
[14:32] <+rickf> thx
[14:32] <+rickf> still looking lower
[14:32] <+jbuch> yup
[14:34] <+Nesi> to me looks like a run up to 900 magnet....IMHO
[14:37] <+jigglyhippo> Covered all ES Short @ 892.75 --> 0
[14:38] <+Nesi> Exited 1/2 ES Long @ 894.25 --> + 3.75 «« simulator »»
[14:38] <+Nesi> exit stop set ES @ 892.00 «« simulator »»
[14:38] <+Nesi> on rest
[14:41] <+TraderG> almost @ target of 895
[14:41] <+TraderG> it just needs a little collective push
[14:42] <+rickf> short es 894 paper
[14:46] <+TraderG> rickf - trator
[14:46] <+rickf> ?
[14:46] <+TraderG> [21:41:38] <+TraderG> it just needs a little collective push
[14:47] <+TraderG> u were supposed to buy not sell )
[14:47] <+rickf> missed the memo sorry
[14:48] <+TraderG>
[14:48] <+rickf> out 893 +1 paper
[14:48] <+TraderG> not 32 worry. I still think we will get there (895)
[14:48] <+TraderG> 32=2
[14:55] <+jbuch> I think ur all wrong were going to end up right where we r ).
[14:56] <+rickf> we will end up where we end up and that is where we will end up
[14:56] <+rickf> er end up at
[14:56] <+TraderG> geographically or pricewise?
[14:56] <+jbuch> and in between we wil go up and down
[14:57] <+jbuch> and I will try to catch 1 or 2 more of those up and downs
[14:57] <+TraderG> u mean that the market will fluctuate. That is my kind of prediction.
[14:57] <+TraderG> U're the MAN JB
[14:58] <+jbuch> thanks man that makes me feel all warm inside
[14:59] <+Bambam-77> key is 93 for upside
[14:59] <+jigglyhippo> final hour of trading
[15:00] <+Bambam-77> would be nice to see bounce to 89.25 area
[15:00] <+jbuch> Long ES @ 893.5
[15:01] <+Nesi> looks like pop to near 900 imho
[15:01] <+Nesi> it probably may print above it
[15:02] <+jbuch> weel that sounds good hopefully it just pops right on up there
[15:02] <+jbuch> 1 big 5 min bar
[15:05] <+silo> we're back in bear support now
[15:05] <+TraderG> YYYYYYYYYYYYYYes 895
[15:05] <+Nesi> actually 895.25
[15:05] <+jbuch> Exited all ES Long @ 894.5 --> + 1
[15:05] <+Nesi> vn
[15:05] <+TraderG> NESI yes but u need 1 tick 2 b filled
[15:05] <+Nesi> yup
[15:06] <+TraderG> if@ 895 I would not have been filled only @ 895.25
[15:06] <+TraderG> if@ = @
[15:06] <+Nesi> u got out at 895?
[15:06] <+TraderG> mentaly
[15:06] <+Nesi> CNN all over Iran today
[15:08] <+jbuch> well this is what we were talking about last week do u need the price to go past ur target
[15:08] <+jbuch> there are transactions occuring at the last shown price
[15:09] <+jbuch> so if ur target is at that price and u have been there long enough u should get filled
[15:09] <+jbuch> unless u use tradestation.
[15:09] <+Nesi> lol
[15:11] <+TraderG> jb i remember but 2 avoid confusion I waited to 895.25 to say that we hit my target
[15:11] <+TraderG> of 895
[15:11] <+jigglyhippo> i think it has to go past by 1 tick
[15:11] <+jigglyhippo> because youre "waiting in line"
[15:12] <+TraderG> not always JH
[15:12] <+jbuch> so it depends were u are in line
[15:12] <+jigglyhippo> yeah
[15:12] <+jigglyhippo> filling algorithum used by the CME and other exchanges such as first in first out
[15:13] <+TraderG> sometimes someone with an ASK will lower his orice toby 1 tick and you would b filled @ an apparently the BID
[15:14] <+jbuch> sure but if someone is front of u in line they will get it.
[15:14] <+jigglyhippo> yup
[15:15] <+TraderG> you r sooooooo right jb
[15:15] <+TraderG> BTW if u don't know - JB is the master of getting filled at the BID ) lucky bum
[15:17] <+jbuch> yeah right that has happened to me like twice
[15:17] <+jigglyhippo> lol
[15:17] <+jigglyhippo> i was about to say...
[15:18] <+Bambam-77> feels like we churning butter here
[15:18] <+TraderG> it is twice more than it happened 2 me
[15:18] <+Nesi> trying to spike a bit..imho
[15:18] <+jbuch> I think that my problem is that I move my targets and entries around to much and lose my place in line
[15:19] <+TraderG> YOUNG MAN - WEREN'T U TOLD 2 stand in line?
[15:19] <+Nesi> volatility increasing a bit...imho
[15:19] <+Nesi> dunno which way
[15:19] <+TraderG> PATIENTLY ? )
[15:19] <+jbuch> always been a problem for me
[15:19] <+jigglyhippo> jb ive sat there for awhile
[15:19] <+jigglyhippo> and nothing happens
[15:19] <+jigglyhippo> it sucks
[15:20] <+Nesi> want to see what happens if prints again 895
[15:20] <+TraderG> read the sayings or Yoda jh
[15:21] <+Bambam-77> i think we have had a trend rev and that every dip should be bought for now 92.25 as trail area
[15:26] <+Bambam-77> 5 min left need close above 02.25 else longs toast
[15:28] <+TraderG> 02.25 ????
[15:28] <+jigglyhippo> 92.25
[15:28] <+Bambam-77> 92.25
[15:28] <+TraderG> 892.25??
[15:28] <+Bambam-77> thx
[15:28] <+Bambam-77> y
[15:28] <+TraderG> what's wrong with writing out ALL the digits?????
[15:29] <+Bambam-77> managing trades
[15:29] <+TraderG> so writing an extra digit will distract u from managing your trades? hahahahaha
[15:30] <+TraderG> u r in trouble.
[15:30] <+silo> to ruin him, just send him a stripper
[15:30] <+rickf> i do that myself
[15:30] <+rickf> trade first, post later
[15:30] <+rickf>
[15:30] <+Nesi> here we go
[15:30] <+TraderG> where?
[15:30] <+Bambam-77> held nicely
[15:30] <+Nesi> 900
[15:31] <+TraderG> i guess NOWHERE is a destination as well
[15:31] <+jbuch> Long ES @ 893.75
[15:31] <+Bambam-77> 96 then 99 area would be nice
[15:32] <+TraderG> 5 is closer
[15:32] <@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.
[15:32] <+TraderG> i am deleting 2 digits so that I am not distracted too long from my trading )
[15:33] <+silo> financials starting to tank
[15:33] <+TraderG> actually 3 is closer
[15:34] <Cj_> natural gas found support at 2.86
[15:34] <+Cj_> 3.86
[15:34] <+Cj_> starting to bounce off
[15:34] <+Cj_> United States Natural Gas Fund, LP (UNG) PriceWatch Alert Support At Around $14.71
[15:34] <+Cj_> http://www.marketintelligencecenter.com/articles/895358
[15:34] <+Cj_> it could be an opportunity
[15:34] <+TraderG> i am sad 2 say that i am in UNG from 35 (
[15:34] <+jigglyhippo> Long ES @ 892.75
[15:35] <+TraderG> but there is still hope
[15:35] <+TraderG> thatks jh for ALL the digits
[15:35] <+Bambam-77> 92.25 again protect
[15:36] <+TraderG> 2 looks better
[15:36] <+Cj_> sorry to hear that TraderG
[15:36] <+TraderG> that was my stupidity
[15:36] <+Cj_> nobody can predict the future
[15:37] <+Cj_> UNG will bounce sooner or later
[15:37] <+jigglyhippo> comeon I need this to go up lol
[15:37] <+Nesi> sure is trying
[15:37] <+TraderG> I believed the COT reports in which the Commercials held a historically high number of clong contracts and in the past that meant that UNG was going up but this time it did not and I refused 2 sell
[15:38] <+Cj_> Natural Gas has been the only commodity that hasn't gone up
[15:38] <+TraderG> in any case NG is just like any other commodity. they don't make more of it so it will go up
[15:38] <+jigglyhippo> Exited all ES Long @ 894.00 --> + 1.25
[15:38] <+TraderG> nice jh
[15:38] <+Nesi> nice jigg
[15:38] <+jigglyhippo> thanks
[15:38] <+Cj_> when the big spec change of direction
[15:39] <+Cj_> hurricane season started
[15:39] <+Nesi> vol increasing
[15:39] <+Nesi> volatility
[15:39] <+TraderG> usually NG recovered within 1 year
[15:39] <+TraderG> but even 2 is OK
[15:41] <+TraderG> and u r right Cj, one good hurricane will send NG through the roof
[15:42] <+jbuch> Exited all ES Long @ 893.75 --> 0
[15:42] <+jigglyhippo> =/
[15:42] <+jbuch> now it will pop
[15:43] <+Nesi> Exited Remainder ES Long @ 892.00 --> + 1.75 «« simulator »»
[15:43] <+silo> time to go to 8200 YM
[15:44] <+jbuch> rather i meant poop
[15:44] <+jigglyhippo> lol
[15:44] <+Nesi> Shorts ES @ 891.00 «« simulator »»
[15:44] <+TraderG> told u that 2 is closer
[15:45] <+jbuch> where are u short from
[15:45] <+TraderG> i am not
[15:45] <+TraderG> it's just that 92 was closer
[15:45] <+TraderG> i mean 892 ))
[15:46] <OICU812> why 891 nesi?
[15:46] <+TraderG> 2 >> 92 >> 892
[15:46] <+TraderG> i am not in a trade because I cannot manage a trade is I have 2 write ALL the digits of my entries and targets )
[15:47] <+TraderG> is I = if I
[15:47] <+Nesi> Covered all ES Short @ 893.00 --> - 2 «« simulator »»
[15:47] <+jbuch> AHH I see
[15:48] <+TraderG> u should try 2 use less digits JB. I think you'll c that your performance will improve IMENSELY
[15:49] <+jbuch> I will try that thanks for the advice.
[15:49] <+TraderG> )
[15:50] <@NihabaAshi> Long ES @ 892.00 -> small size
[15:50] <@NihabaAshi> 2 only
[15:51] <@NihabaAshi> Exited all ES Long @ 891.25 --> - 0.75
[15:51] <+silo> we're going to 8200 ym
[15:51] <+silo> if we have time
[15:51] <+silo> most likely we wont have enough time. so prior low most likely
[15:51] <+silo> if not 8200
[15:51] <+Nesi> Shorts ES @ 890.00 «« simulator »»
[15:53] <@NihabaAshi> Long ES @ 891.25 -> small size
[15:53] <+silo> 10k each per position
[15:53] <@NihabaAshi> 2 only
[15:53] <@NihabaAshi> intuition in reaction to prior trade
[15:54] <@NihabaAshi> No stock discussion in here.
[15:54] <+Nesi> Covered all ES Short @ 892.00 --> - 2 «« simulator »»
[15:56] <+OICU812> Nesi?
[15:57] <@NihabaAshi> oh oh
[15:57] <@NihabaAshi> Exited ES Long @ 890.25 --> - 1
[15:57] <@NihabaAshi> Reverse and Enter Short ES @ 890.25
[15:58] <@NihabaAshi> bad spot to get shaken out of that Long
[15:59] <@NihabaAshi> lucky short so far
[16:00] <@NihabaAshi> Covered all ES Short @ 888.75 --> + 1.5
[16:03] <@NihabaAshi> Long ES @ 888.50 -> small size
[16:03] <@NihabaAshi> 1 only
[16:09] <@NihabaAshi> By the way...today is a trend day and it doesn't look good on the daily chart
[16:10] <@NihabaAshi> This trading week should determine if ES breaks below the current support area.
[16:11] <+OICU812> should be fun to trade if it does
[16:11] <+jbuch> lots of fun see ya all later.
[16:14] <@NihabaAshi> Exited ES Long @ 889.25 --> + 0.75
[16:16] <@NihabaAshi> Not much trading today for me but I did manage to over my profit goal for today of +10 via finishing +11.50 points.
[16:17] <@NihabaAshi> Missing that big drop after the open made the rest of the trading day look boring
[16:28] <+silo> well good day for me, let's see what tomorrow will bring
[16:28] <+silo> let's see what the asian market will do in response to u.s. market drop
[16:28] <+silo> seeing htat they were up 2% lst night
[16:43] <+OICU812> silo
[16:43] <+OICU812> you trade the asian market?
[16:43] <+silo> no
[16:43] <+silo> i just look at it
[16:44] <+OICU812> which symbols do you follow?
[16:44] <+silo> i just go to yahoo finance and click asia
[16:44] <+silo> then more indices
[16:44] <+silo> to see hongkon's index
[16:44] <+silo> chinese market
[16:44] <+silo> and taiwan
[16:45] <+OICU812>
[17:38] <@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: Mon Jun 22 20:54:04 2009

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