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 Post subject: October 30th Friday - Futures, ETFs and Forex Currencies
 Post Posted: Fri Oct 30, 2009 4:38 pm 
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Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
Location: Canada
#FuturesTrades is free along with being a serious professional trading chat room and any trader can use the chat room to post their trades or commentaries involving futures, exchange traded funds or forex currencies. Simply, you don't need to be a client of TheStrategyLab.com to use the chat room nor do you need to be a price action only trader (no indicators) because some members use indicators while others do not.

Therefore, we welcome all traders with their own methods and different perspective of the markets as long as they do not violate our Terms of Use (TOU) Policy.

Thanks for reading the trade and market commentary log.

Posted by M.A. Perry
Trader and Founder of WRB Analysis (wide range body analysis)

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

Image

Session Start: Fri Oct 30 09:27:06 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.
[09:27] <rickf> gm
[09:29] <+rickf> long /6C from 92.67 ... swing trade going to hold for a while
[09:30] <+Nesi> 92.67?
[09:30] <+Nesi> what instrument is that
[09:30] <drt> gm
[09:30] <+rickf> canadian dollar
[09:31] <+Nesi> oh
[09:32] <+Nesi> At 2:00AM on Sunday, November 1, clocks will turn back one hour.
[09:34] <TraderG> news @ 9:45 & 9:55
[09:35] <@wrbtrader> Shorts ES @ 1057.25 -> large size
[09:35] <@wrbtrader> 9 only
[09:35] <@wrbtrader> Covered all ES Short @ 1058.00 --> - 0.75
[09:36] <@wrbtrader> Shorts ES @ 1058.25 -> large size
[09:36] <@wrbtrader> 9 only
[09:38] <+rickf> rough open
[09:39] <@wrbtrader> Covered all ES Short @ 1057.50 --> + 0.75
[09:39] <+Nesi> chop already showing its face
[09:39] <+TraderG> Long ES @ 1057.5 «« simulator »»
[09:40] <+drt> s es 58
[09:40] <@wrbtrader> Shorts ES @ 1056.75 -> large size
[09:40] <@wrbtrader> 6 only
[09:40] <@wrbtrader> intuition in reaction to prior trade
[09:40] <+rickf> staying flat for now ... dont like this pa
[09:40] <+TraderG> Exited all ES Long @ 1056.25 --> - 1.25 «« simulator »»
[09:40] <+Nesi> feels like 1052 1054 area again.. will be fun... ;)
[09:42] <@wrbtrader> Covered 2/3 ES Short @ 1054.50 --> + 2.25
[09:42] <+drt> cl es 58
[09:42] <@wrbtrader> Covered Remainder ES Short @ 1056.50 --> + 0.25
[09:42] <+rickf> nice exit wrbtrader
[09:43] <jbuch> Long ES @ 1058
[09:43] <pat255> wow vn N
[09:43] <+rickf> chicago pmi numbers leaked?
[09:43] <@wrbtrader> Yeah but I'm too slow to catch the Long side
[09:43] <+Nesi> wow
[09:43] <+jbuch> Exited all ES Long @ 1060.25 --> + 2.25
[09:43] <+rickf> pmi @ 0945 cons sentiment 0955
[09:44] <+Nesi> numbers out?
[09:44] <+rickf> maybe leaked?
[09:44] <+Nesi> lotsa jumping
[09:44] <@wrbtrader> I had a great plan to exit my Short before the numbers and be ready for the next trade...could get ready for the next trade.
[09:45] <+jbuch> wow going crazy
[09:45] <@wrbtrader> rickf...price reaction to the PMI is around 0942am - 0943am
[09:45] <@wrbtrader> Usually.
[09:45] <+TraderG> pmi 54.2
[09:45] <+TraderG> expected 48.8
[09:45] <+rickf> that woudl explain the spike up then
[09:46] <+jbuch> Long ES @ 1060
[09:46] <+TraderG> more news in 9 min
[09:46] <@wrbtrader> Shorts ES @ 1060.00 -> large size
[09:46] <+rickf> still flat
[09:46] <@wrbtrader> 6 only
[09:46] <@wrbtrader> It's moving fast still
[09:47] <+jbuch> Exited all ES Long @ 1058.5 --> - 1.5
[09:47] <@wrbtrader> got the trails in just in case it pops again
[09:47] <+jbuch> easy come easygo
[09:48] <+Nesi> like sell the news
[09:49] <@wrbtrader> volatility now declining steadily
[09:49] <@wrbtrader> should see one more volatility spike in reaction to the PMI
[09:51] <pdays> Consumer Sentiment in 4 min
[09:51] <@wrbtrader> volatility dead now...now expecting a volatility spike here soon
[09:51] <@wrbtrader> trail tighten
[09:53] <@wrbtrader> * volatility spike *
[09:54] <@wrbtrader> weak support area for Emini ES ($ES_F)
[09:55] <@wrbtrader> geeesh...just got some crazy price quotes
[09:56] <+TraderG> Long ES @ 1054.5 «« simulator »»
[09:57] <+TraderG> Exited 1/3 ES Long @ 1055.5 --> + 1 «« simulator »»
[09:58] <+Nesi> numbers out?
[09:58] <+Nesi> quote es...please
[09:59] <@wrbtrader> crazy quote now @ 1054.25
[09:59] <+Nesi> thxx
[10:00] <+Nesi> Covered all ES Short @ 1056.00 --> + 9.25
[10:00] <+pat255> vn
[10:00] <+Nesi> held all night :/
[10:00] <+jbuch> nice
[10:00] <@wrbtrader> :)
[10:00] <+TraderG> Exited 1/3 ES Long @ 1056.5 --> + 2 «« simulator »»
[10:01] <+Nesi> could not sleep.. wont do it again
[10:01] <+Nesi> incredible stress
[10:01] <+jbuch> oh wow uheld from yesterday
[10:02] <+jbuch> I bet u had a couple of contracts to right
[10:02] <+TraderG> Exited Remainder ES Long @ 1057.5 --> + 3 «« simulator »»
[10:02] <@wrbtrader> Covered all ES Short @ 1057.00 --> + 3
[10:02] <@wrbtrader> It's that main reason why I only swing trade a few times per year...too stressful for me.
[10:03] <+rickf> ouch
[10:03] <+Nesi> i had 4 jb
[10:04] <+jbuch> oh man
[10:05] <+jbuch> awesome hold this am
[10:05] <+Nesi> even i had a profit.. i feel it was not worth it
[10:05] <+Nesi> incredible stress all night long
[10:05] <+jbuch> u must have been freaking with that pop.
[10:05] <+Nesi> u wont believe it
[10:06] <+Nesi> up down up up down..
[10:06] <+Nesi> i had no control at all
[10:06] <+Nesi> back to one contract and two max
[10:07] <+jbuch> the markets r random in natureat least on theshort term
[10:07] <+jbuch> a lot to be said for just giving ur entry some room
[10:08] <@wrbtrader> Just got a Short signal but I will need more help from Oil and Gold to prompt me to short because there's a good chance for a short squeeze if Oil and Gold don't help push it downside
[10:08] <+Nesi> it was revenge trading
[10:08] <+rickf> those times i swing trade overnight i go 1 or 2 only; that way if something happens i can consier just exiting if totally wrong, or perhaps doubling-into a situation if i was just early, and then exit if still wrong.
[10:09] <+rickf> still dont sleep well until i am profitable and have a b/e stop on, though :)
[10:09] <+Nesi> even when i am green and put a hard stop for a profit.. i keep looking every 15 min all night long
[10:09] <+Nesi> no more
[10:10] <@wrbtrader> Shorts ES @ 1057.75 -> medium size
[10:10] <@wrbtrader> 4 only
[10:10] <@wrbtrader> Nesi...have you tried using Audio Alerts
[10:10] <@wrbtrader> ?
[10:10] <+rickf> plus when swing trading i use bigger timeframes (hour/day) so a small size trade means a greater comfort in accepting moves against me ... not the same trading tolerance as intraday
[10:10] <werner> gm all
[10:10] <+Nesi> well...yes.. i have audio alerts.. but regardless.. i have to watch.. like an adicction
[10:10] <+rickf> hi werner
[10:10] <@wrbtrader> ahhh...ok
[10:11] <+jbuch> I don't even think about them
[10:11] <+werner> hi rickf
[10:11] <+Nesi> i am neutral now
[10:11] <+Nesi> dont see a direcction
[10:11] <+rickf> me neither
[10:11] <+jbuch> I don't even think about a swing trade
[10:12] <@wrbtrader> Gold helping but Oil is taking its sweet time :(
[10:12] <+jbuch> oops thought that i deleted it the first time i wrote that.
[10:12] <@wrbtrader> Oil finally decieded to help too
[10:13] <+Nesi> dollar day high, euro day low
[10:14] <+jbuch> but i wouldn't even consider doing an es trade and would probably stress out the entire time
[10:14] <@wrbtrader> Covered all ES Short @ 1056.75 --> + 1
[10:14] <+Nesi> i think you reached your goal for today.. wrbtrader
[10:15] <@wrbtrader> Yes and only because my trails have been protecting my profits
[10:15] <+Nesi> about 1k profit
[10:16] <+Nesi> dollar gaining momo
[10:16] <+Nesi> Shorts ES @ 1055.00
[10:16] <+Nesi> 1 c
[10:17] <@wrbtrader> geeesh...it rolled over fast...too fast
[10:18] <@wrbtrader> Long ES @ 1056.25 -> small size
[10:19] <@wrbtrader> 3 only
[10:19] <+rickf> short es 1056.25
[10:20] <@wrbtrader> Exited all ES Long @ 1055.75 --> - 0.5
[10:20] <@wrbtrader> That's the 2nd trade today where I was at a instant loss of 2 - 3 upon entry...the other one was my first trade of the day.
[10:21] <+jbuch> Long ES @ 1055.5
[10:21] <@wrbtrader> Long ES @ 1055.50 -> medium size
[10:21] <@wrbtrader> 4 only
[10:22] <+Nesi> dollar another high.. euro another new low
[10:23] <@wrbtrader> Exited all ES Long @ 1054.75 --> - 0.75
[10:23] <+rickf> exit es 1054 +2.25
[10:23] <@wrbtrader> Shorts ES @ 1054.25 -> large size
[10:23] <@wrbtrader> 6 only
[10:24] <@wrbtrader> volatility increasing
[10:24] <+Nesi> again, resistance in this area
[10:24] <+Nesi> 1052 1054
[10:24] <@wrbtrader> It's a support area
[10:24] <+Nesi> or you can call it support
[10:24] <+Nesi> yup
[10:24] <+Nesi> my mistake
[10:25] <+Nesi> Consumer spending fell for the first time in five months as the government auto incentive faded. The 0.5 percent decline was in line with expectations.
[10:25] <+Nesi> http://www.nytimes.com/2009/10/31/busin ... ss&emc=rss
[10:25] <@wrbtrader> Covered all ES Short @ 1055.00 --> - 0.75
[10:26] <@wrbtrader> Long ES @ 1055.25 -> large size
[10:26] <@wrbtrader> 9 only
[10:27] <+Nesi> euro making new lows again
[10:27] <@wrbtrader> Exited all ES Long @ 1054.50 --> - 0.75
[10:28] <@wrbtrader> back inside that support area
[10:29] <@wrbtrader> Long ES @ 1054.75 -> large size
[10:29] <@wrbtrader> 9 only
[10:29] <@wrbtrader> super fast prints again
[10:30] <@wrbtrader> charts about 2 ticks behind broker quotes
[10:30] <@wrbtrader> Exited all ES Long @ 1054.50 --> - 0.25
[10:31] <@wrbtrader> Shorts ES @ 1054.00 -> large size
[10:31] <+Nesi> BIG support so far
[10:31] <@wrbtrader> 9 only
[10:32] <+Nesi> if we drill this we may get a bigger trend
[10:32] <@wrbtrader> Other key markets below support
[10:32] <@wrbtrader> Lets see if Emini ES follows
[10:32] <+Nesi> finally
[10:32] <@wrbtrader> it's trying
[10:33] <+Nesi> 1052 1054 key area..imho
[10:33] <@wrbtrader> tighten trail
[10:33] <+jbuch> Exited all ES Long @ 1054.5 --> - 1
[10:34] <@wrbtrader> Covered all ES Short @ 1053.25 --> + 0.75
[10:34] <+Nesi> Covered all ES Short @ 1053.25 --> + 1.75
[10:34] <+jbuch> late entry got distracted
[10:35] <+Nesi> dollar strongie
[10:36] <@wrbtrader> Shorts ES @ 1052.25 -> large size
[10:36] <+Nesi> Shorts ES @ 1052.25
[10:36] <+Nesi> 1
[10:36] <@wrbtrader> 6 only
[10:36] <@wrbtrader> Covered all ES Short @ 1052.50 --> - 0.25
[10:37] <@wrbtrader> too fast for me or I have some crazy quotes
[10:37] <+jbuch> Long ES @ 1052.5
[10:37] <@wrbtrader> Long ES @ 1052.75 -> large size
[10:37] <@wrbtrader> 6 only
[10:38] <@wrbtrader> Exited all ES Long @ 1052.75 --> 0
[10:38] <@wrbtrader> 3 tick different now between broker quotes and charts
[10:38] <@wrbtrader> :(
[10:39] <+Nesi> Covered all ES Short @ 1053.50 --> - 1.25
[10:39] <@wrbtrader> Long ES @ 1053.25 -> large size
[10:39] <@wrbtrader> 6 only
[10:39] <+rickf> wow .. was 1 tick away from a short entry
[10:40] <+Nesi> what a zone here
[10:40] <+Nesi> 1052 1054
[10:40] <@wrbtrader> Exited all ES Long @ 1053.50 --> + 0.25
[10:40] <@wrbtrader> not getting anywhere on the recent trades
[10:41] <+Nesi> Shorts ES @ 1052.50
[10:41] <+Nesi> 1
[10:44] <+Nesi> Covered all ES Short @ 1054.25 --> - 1.75
[10:44] <@wrbtrader> The last 15 mins has been a big battle in that support area while Oil and Gold have traded backupwards into their prior support area.
[10:44] <+rickf> fugly tape today
[10:45] <@wrbtrader> Long ES @ 1054.25 -> large size
[10:45] <@wrbtrader> 9 only
[10:46] <+rickf> back later ... gym and errands. dont like this tape anyway right now
[10:47] <+jbuch> Exited all ES Long @ 1055 --> + 2.5
[10:47] <@wrbtrader> Exited all ES Long @ 1054.75 --> + 0.5
[10:48] <+jbuch> had my exit at 1055.75 hit it like 3 times but no fill
[10:49] <+Nesi> Shorts ES @ 1054.00
[10:49] <+Nesi> 1
[10:49] <@wrbtrader> Yeah...feels like "Beat Me" @ http://www.youtube.com/watch?v=gJh23m6uWhQ
[10:52] <+Nesi> back to the "zone"
[10:53] <+Nesi> Covered ES Short @ 1055.00 --> - 1
[10:53] <+Nesi> Reverse and Enter Long ES @ 1055.00
[10:53] <+Nesi> 1
[10:55] <+Nesi> Exited all ES Long @ 1054.50 --> - 0.5
[10:58] <+jbuch> Long ES @ 1054.5
[10:58] <@wrbtrader> Long ES @ 1055.75 -> large size
[10:59] <@wrbtrader> 6 only
[10:59] <@wrbtrader> Got support from other key markets but can it hold
[10:59] <+jbuch> Exited all ES Long @ 1055.75 --> + 1.25
[11:00] <+pat255> vn guys ...@office today
[11:01] <@wrbtrader> Exited all ES Long @ 1054.75 --> - 1
[11:02] <@wrbtrader> Long ES @ 1055.25 -> large size
[11:02] <@wrbtrader> 6 only
[11:02] <@wrbtrader> same trade as prior but at a better price
[11:04] <+jbuch> Long ES @ 1055
[11:05] <@wrbtrader> Exited all ES Long @ 1055.25 --> 0
[11:08] <@wrbtrader> Long ES @ 1054.75 -> large size
[11:08] <@wrbtrader> same trade
[11:08] <+Nesi> back to the zone
[11:08] <@wrbtrader> Exited all ES Long @ 1054.50 --> - 0.25
[11:08] <@wrbtrader> Yep...it can't stay away :(
[11:09] <+Nesi> Shorts ES @ 1053.25
[11:09] <+Nesi> 1
[11:09] <+jbuch> Exited all ES Long @ 1054.25 --> - 0.75
[11:09] <@wrbtrader> Shorts ES @ 1053.50 -> large size
[11:10] <@wrbtrader> 6 only
[11:11] <@wrbtrader> time for lunch
[11:12] <@wrbtrader> Covered all ES Short @ 1053.50 --> 0
[11:12] <@wrbtrader> be back later
[11:12] * wrbtrader is now known as wrbtrader_away
[11:12] <+Nesi> Shorts ES @ 1052.75 -> Add
[11:12] <+Nesi> 2 total
[11:14] <+Nesi> we are right in the middle of the zone
[11:15] <+Nesi> dollar again..another new high
[11:15] <+Nesi> euro losing it
[11:17] <+Nesi> ouch euro
[11:30] <@X> #FuturesTrades Info -> You must read #FuturesTrades purpose and benefits @ viewtopic.php?f=5&t=36 and TOU policy @ viewtopic.php?f=2&t=55 to prevent any misunderstandings.
[11:36] <+Nesi> finally
[11:51] <+pat255> vn nesi
[11:52] <+Nesi> Covered all ES Short @ 1045.50 --> + 15
[11:52] <+Nesi> wowze
[11:52] <+pat255> vvn
[11:52] <+pat255> wtg
[11:52] <+Nesi> that was some trip
[11:52] <+Nesi> thx
[11:53] * wrbtrader_away is now known as wrbtrader
[11:53] <@wrbtrader> You got to be kidding...this thing dropped as soon as I left :(
[11:54] <+Nesi> Long ES @ 1044.00
[11:54] <+Nesi> 1
[11:54] <+Nesi> Exited all ES Long @ 1044.75 --> + 0.75
[11:55] <+Nesi> darn emotions
[11:55] <+Nesi> i felt so stupid yesterday and now i feel like king of the world
[11:55] <+Nesi> like i know everything
[11:56] <@wrbtrader> Long ES @ 1030.00 -> large size
[11:56] <@wrbtrader> 6 only
[11:56] <+Nesi> Long ES @ 1043.00
[11:56] <+Nesi> 1
[11:57] <+Nesi> bit of support in this area so far
[11:57] <@wrbtrader> Exited all ES Long @ 1042.75 --> + 12.75
[11:57] <+Nesi> rubber band trade here forme
[11:57] <@wrbtrader> Long ES @ 1043.00 -> large size
[11:58] <@wrbtrader> 6 only
[11:58] <@wrbtrader> same trade as prior...exit prior via error
[11:58] <+Nesi> Exited all ES Long @ 1043.50 --> + 0.5
[11:58] <@wrbtrader> correction -0.25 on prior trade
[12:00] <@wrbtrader> Exited all ES Long @ 1045.00 --> + 2
[12:02] <+jbuch> having a Halloween bash on sat night if any one is around Albuquerque ur invited
[12:03] <+jbuch> Shorts ES @ 1045.25
[12:08] <@wrbtrader> Long ES @ 1045.75 -> medium size
[12:08] <@wrbtrader> 4 only
[12:09] <+jbuch> Covered all ES Short @ 1046.25 --> - 1
[12:10] <@wrbtrader> Exited all ES Long @ 1047.75 --> + 2
[12:11] <@wrbtrader> I'm now happy after missing that big down movement while away at lunch.
[12:11] <+Nesi> you again almost back to you tgt, wrbtrader
[12:11] <+jbuch> Shorts ES @ 1047.5
[12:12] <@wrbtrader> Yes...around $1500 with commission I think (profit loss screen is minimize so I can't see it).
[12:13] <+Nesi> you probably have 750 bucks in comish...
[12:13] <+Nesi> as u can see i am following you :)
[12:14] <+pat255> trid 1 S ...-1
[12:14] <+pat255> entry is so critical
[12:15] <@wrbtrader> Yeah...probably around there...profit to commish ratio starts improving usually in the afternoon trading session as my position size decreases while my profit level per trade increases
[12:15] <+jbuch> Covered all ES Short @ 1045.5 --> + 2
[12:15] <@wrbtrader> Last trade via 4 contract with 2 points per is an example
[12:15] <+Nesi> i see you got your tgt then u gave it back and now almost at tgt again
[12:15] <+pat255> man never give es more tha 1.25
[12:16] <@wrbtrader> Need a few hundred more
[12:16] <@wrbtrader> 4 - 5 points I think
[12:16] <+Nesi> yup
[12:17] <+pat255> geez ned to be quick with loss ..
[12:18] <@wrbtrader> Shorts ES @ 1044.75 -> small size
[12:18] <@wrbtrader> 3 only
[12:20] <+pat255> jb entry was just roght ..
[12:21] <@wrbtrader> someone (key market) is providing a little support and I don't know whom it is :(
[12:21] <@wrbtrader> I see it now...Gold
[12:21] <@wrbtrader> Covered all ES Short @ 1045.00 --> - 0.25
[12:21] <+jbuch> thanks took a couple of times but figured it would test the low.
[12:23] <+Nesi> sorry for question wrbtrader, but if you see gold going lower it means for you ES goes up?
[12:24] <+pat255> think it folows gold
[12:24] <@wrbtrader> Shorts ES @ 1044.00 -> medium size
[12:24] <+Nesi> so gold goes lower and es probably goes lower
[12:24] <@wrbtrader> 4 only
[12:24] <@wrbtrader> intuition in reaction to prior trade
[12:25] <@wrbtrader> If I see Gold going lower or up...it's not a trade signal.
[12:25] <@wrbtrader> It's a position size management for me IF I'm in a trade...
[12:25] <+Nesi> thanks
[12:25] <@wrbtrader> Lower Gold as it is doing now tells me to HOLD my Short a little longer
[12:25] <+Nesi> thanks
[12:26] <+Nesi> getting nasty
[12:26] <@wrbtrader> Covered 3/4 ES Short @ 1041.75 --> + 2.25
[12:26] <+Nesi> you in the money..wrbtrader ;)
[12:27] <@wrbtrader> That gets me my target for the day...
[12:27] <@wrbtrader> Just need to keep it now
[12:27] <+Nesi> yup
[12:27] <+Nesi> you gave it back earlier
[12:28] <@wrbtrader> AT another support area now
[12:29] <@wrbtrader> Covered Remainder ES Short @ 1038.00 --> + 6
[12:29] <+Nesi> Long ES @ 1038.75
[12:29] <+Nesi> 1
[12:30] <@wrbtrader> Another back to back trend day...
[12:30] <+Nesi> Exited all ES Long @ 1039.75 --> + 1
[12:31] <@wrbtrader> Crazy price action the last 3 days.
[12:31] <+Nesi> good volatility tho
[12:31] <+Nesi> cant complain
[12:31] <@wrbtrader> Down - Up - Down
[12:33] <@wrbtrader> Glad I came back from lunch early...thanks to the spouse not being here this afternoon.
[12:33] <+Nesi> Long ES @ 1039.25
[12:33] <+Nesi> 1
[12:34] <+Nesi> Exited all ES Long @ 1038.25 --> - 1
[12:34] <@wrbtrader> Nesi...I have 2 unposted trades...both losers during the fast morning price action around the PMI...
[12:34] <@wrbtrader> -0.25 each
[12:34] <+Nesi> ok, thanks
[12:39] <@wrbtrader> Forex Currency trades by others @ http://www.stocktwits.com/streams/forex
[12:39] <@wrbtrader> meant trades and commentary
[12:48] <@wrbtrader> Anybody else got a weird price spike upwards in the Eurex DAX around 1230pm est...just saw it when I reviewed the chart. ?
[12:49] <@wrbtrader> Shorts ES @ 1037.00 -> small size
[12:49] <@wrbtrader> 1 only
[12:50] <@wrbtrader> What the heck is going on ?
[12:50] <@wrbtrader> We're smashing through support levels like a hot knife in butter.
[12:52] <@wrbtrader> Covered ES Short @ 1035.00 --> + 2
[12:54] <@wrbtrader> So far after 10am est it's been kill the counter-thrusts
[13:05] <@wrbtrader> Reading MarketWatch.com "Euro-zone Oct. inflation remains negative" @ http://www.marketwatch.com/story/euro-z ... 2009-10-30
[13:06] <@wrbtrader> Emini ES has failed to retrace every key prior volatility spike area since 10am est....
[13:06] <@wrbtrader> We're currently near a prior volatility spike area.
[13:08] <+Nesi> Long ES @ 1038.00
[13:08] <+Nesi> 1
[13:11] <+Nesi> Exited all ES Long @ 1038.75 --> + 0.75
[13:14] <@wrbtrader> fast price movement again
[13:14] <@wrbtrader> Shorts ES @ 1037.75 -> small size
[13:14] <@wrbtrader> 2 only
[13:15] <+Nesi> CIT halted
[13:17] <@wrbtrader> Covered all ES Short @ 1037.50 --> + 0.25
[13:17] <@wrbtrader> geeesh
[13:18] <@wrbtrader> Shorts ES @ 1037.25 -> small size
[13:18] <@wrbtrader> 3 only
[13:18] <@wrbtrader> same as prior trade
[13:19] <+Nesi> 13:18ET DJ *CIT Enters Into Restructuring Plan Support Agreement With Carl Icahn And Obtains Incremental $1 B Committed Line Of Credit From Icahn Cap LP
[13:19] <@wrbtrader> Covered all ES Short @ 1037.00 --> + 0.25
[13:19] <+Nesi> Long ES @ 1037.25
[13:19] <+Nesi> 1
[13:20] <@wrbtrader> sideline...having a little problem reading this price action eventhough I'm bearish in this price area
[13:21] <@wrbtrader> Shorts ES @ 1036.25 -> small size
[13:21] <@wrbtrader> 1 only
[13:22] <+Nesi> Exited all ES Long @ 1036.00 --> - 1.25
[13:23] <@wrbtrader> Covered ES Short @ 1035.50 --> + 0.75
[13:23] <@wrbtrader> :(
[13:24] <@wrbtrader> Got my secondary profit goal that I didn't think I had a chance to reach today but I'm not happy with my last few trade results.
[13:24] <+Nesi> Long ES @ 1035.50
[13:24] <+Nesi> 1
[13:25] <@wrbtrader> Didn't have the discipline to keep that first Short around 1314pm
[13:25] <@wrbtrader> I even had help from a declining Gold and Oil Index but I still exited early
[13:27] <+Nesi> Exited all ES Long @ 1035.50 --> 0
[13:27] <@wrbtrader> This morning I had a string of 5 consecutive losing trades and now this afternoon I just completed a string of 5 consecutive winners.
[13:27] <@wrbtrader> I guess it all averages out :)
[13:27] <+Nesi> Long ES @ 1036.00
[13:27] <+Nesi> 1
[13:28] <+Nesi> market is crazy last few days..
[13:28] <+Nesi> up big down big
[13:28] <+Nesi> so i expect a bounce
[13:29] <+Nesi> Long ES @ 1035.50 -> Add
[13:29] <+Nesi> 2 total
[13:31] <@wrbtrader> Emini ES testing a new support area
[13:32] <+Nesi> Exited all ES Long @ 1034.50 --> - 2.5
[13:33] <@X> #FuturesTrades Info -> You must read #FuturesTrades purpose and benefits @ viewtopic.php?f=5&t=36 and TOU policy @ viewtopic.php?f=2&t=55 to prevent any misunderstandings.
[13:34] <+Nesi> Long ES @ 1031.25
[13:35] <@wrbtrader> It sliced through another support zone
[13:49] <+Nesi> Exited all ES Long @ 1036.50 --> + 5.25
[13:53] <@wrbtrader> :)
[13:54] <+Nesi> :)
[13:55] <+Nesi> now i will wait
[14:01] <+jbuch> beauty Nesi
[14:14] <+Nesi> Shorts ES @ 1039.25
[14:14] <+Nesi> 1
[14:15] <+Nesi> Covered all ES Short @ 1038.25 --> + 1
[14:19] <@wrbtrader> Long ES @ 1038.00 -> small size
[14:19] <@wrbtrader> 3 only
[14:23] <@wrbtrader> Exited all ES Long @ 1037.00 --> - 1
[14:25] <@wrbtrader> Long ES @ 1036.50 -> medium size
[14:25] <@wrbtrader> 4 only
[14:25] <@wrbtrader> come on volatility...show up
[14:27] <@wrbtrader> Exited all ES Long @ 1036.00 --> - 0.5
[14:27] <@wrbtrader> Long ES @ 1036.00 -> large size
[14:28] <@wrbtrader> 6 only
[14:28] <@wrbtrader> come on
[14:29] <@wrbtrader> Key markets are supporting this Long but Emini ES not responding well to it.
[14:30] <@wrbtrader> Exited all ES Long @ 1036.00 --> 0
[14:31] <+Nesi> Shorts ES @ 1035.75
[14:31] <+Nesi> 1
[14:31] <@wrbtrader> gave it a lot of breathing room.
[14:31] <+Nesi> Covered all ES Short @ 1035.50 --> + 0.25
[14:32] <@wrbtrader> tough area for a short
[14:32] <+Nesi> Long ES @ 1036.00
[14:33] <@wrbtrader> Long ES @ 1035.75 -> large size
[14:33] <@wrbtrader> 6 only
[14:33] <+Nesi> me one only
[14:34] <+Nesi> Exited all ES Long @ 1035.00 --> - 1
[14:35] <+Nesi> Long ES @ 1035.25
[14:35] <+Nesi> 1
[14:35] <+Nesi> hoping i got better price
[14:36] <@wrbtrader> Exited all ES Long @ 1034.75 --> - 1
[14:36] <+Nesi> Exited all ES Long @ 1034.00 --> - 1.25
[14:36] <@wrbtrader> now it drops...no reversal
[14:36] <@wrbtrader> :(
[14:36] <+Nesi> nop
[14:36] <@wrbtrader> Shorts ES @ 1033.00 -> large size
[14:37] <@wrbtrader> 9 only
[14:38] <+Nesi> Long ES @ 1033.50
[14:38] <+Nesi> 2
[14:38] <@wrbtrader> Covered all ES Short @ 1034.00 --> - 1
[14:39] <@wrbtrader> That sucks...
[14:39] <@wrbtrader> had a short in my sight and it wouldn't fill...
[14:39] <+Nesi> exit stop set ES @ 1033.50
[14:39] <@wrbtrader> decided to go Long because of that :(
[14:40] <codehead> long NQ 1068.50 <paper>
[14:41] <+Nesi> exit stop set ES @ 1033.75
[14:41] <@wrbtrader> Only ended up trading a stop runner :(
[14:42] <@wrbtrader> right back at my original profit target
[14:42] <@wrbtrader> Long signal now but no volatility to push it higher
[14:42] <+Nesi> Exited all ES Long @ 1033.75 --> + 0.25
[14:43] <+Nesi> Long ES @ 1034.00
[14:43] <+Nesi> 2
[14:44] <@wrbtrader> Long ES @ 1034.25 -> large size
[14:44] <+jbuch> Long ES @ 1034
[14:44] <+Nesi> trying one more time
[14:44] <@wrbtrader> 9 only
[14:44] <+Nesi> 1032.50 probably my stop hard
[14:45] <+Nesi> exit stop set ES @ 1032.50
[14:46] <+werner> Long NQ @ 1668.75
[14:46] <+Nesi> exit stop set ES @ 1033.25
[14:47] <@wrbtrader> still no volatility...just chop
[14:47] <+Nesi> exit stop moved to breakeven ES @ 1034.00
[14:48] <@wrbtrader> * volatility spike *
[14:48] <+rickf> sheesh took me an hour to get home from grocery store, stupid utilities
[14:48] <+werner> yep
[14:48] <+rickf> first time i've called a trade into my broker -- closed some long calls on the VIX I bought the other day when it was around 22
[14:49] <+codehead> exit half NQ +2.50 <paper>
[14:49] <+jbuch> Exited all ES Long @ 1035.25 --> + 1.25
[14:49] <+Nesi> Exited all ES Long @ 1034.00 --> 0
[14:49] <+werner> Long NQ @ 1669.00 -> Add
[14:50] <@wrbtrader> Exited all ES Long @ 1034.25 --> 0
[14:50] <+Nesi> Shorts ES @ 1033.25
[14:51] <+Nesi> Covered ES Short @ 1034.25 --> - 1
[14:51] <+Nesi> Reverse and Enter Long ES @ 1034.25
[14:51] <+Nesi> 2
[14:52] <@wrbtrader> choppy
[14:52] <+werner> brrr
[14:52] <+Nesi> Long ES @ 1034.75 -> Add
[14:52] <+Nesi> 3 total
[14:53] <@wrbtrader> Long ES @ 1034.50 -> large size
[14:53] <@wrbtrader> 9 only
[14:53] <+rickf> grrr picked wrong day to run errands, sure were some nice entries :(
[14:54] <+Nesi> exit stop set ES @ 1034.50
[14:54] <+jbuch> yeah beautiful day
[14:54] <+Nesi> breakeven
[14:54] <@wrbtrader> Exited all ES Long @ 1036.00 --> + 1.5
[14:54] <@wrbtrader> got the best of that WRB volatility spike
[14:55] <+rickf> that inside day yesterday was kind of a portent i think
[14:55] <@wrbtrader> prior Long exit was mismanage...thought I had moved my trail to +0.5 and it was still sitting at breakeven :(
[14:55] <+rickf> CNBC was hysterical in the truck ... fawning over how we're "point such-and-such from being lower for the month" you'd htink the sky was falling
[14:56] <+Nesi> exit stop set ES @ 1034.75
[14:56] <+Nesi> just to cover comish
[14:56] <+jbuch> yeasterday they r screaming buy today sell
[14:57] <+jbuch> they r always upside down and pulling newbie moves.
[14:57] <+rickf> short es 1035.50
[14:58] <+Nesi> Exited all ES Long @ 1034.75 --> + 0.5
[14:59] <+codehead> exit NQ remainder +3.50 <paper>
[15:00] <@wrbtrader> Shorts ES @ 1035.50 -> small size
[15:00] <@wrbtrader> 3 only
[15:00] <+rickf> out 34.50 +1
[15:01] <+rickf> still looking lower but happy with 1
[15:01] <@wrbtrader> Covered all ES Short @ 1034.00 --> + 1.5
[15:01] <+rickf> feels weak ... still
[15:02] <@wrbtrader> Here we are again...back in that 1033 price area where I got sucker punched on some size.
[15:03] <+Nesi> Long ES @ 1034.00
[15:03] <+Nesi> 1
[15:03] <@wrbtrader> Shorts ES @ 1033.50 -> medium size
[15:03] <@wrbtrader> 4 only
[15:03] <+Nesi> Exited all ES Long @ 1033.00 --> - 1
[15:04] <+Nesi> Long ES @ 1033.00
[15:04] <+Nesi> 1
[15:04] <+werner> Long NQ @ 1666.50 -> Add
[15:05] <+Nesi> Exited all ES Long @ 1032.00 --> - 1
[15:05] <+werner> Exited all NQ Long @ 1665.00 --> - 5.25
[15:05] <@wrbtrader> Covered all ES Short @ 1031.75 --> + 1.75
[15:06] <+Nesi> Long ES @ 1030.50
[15:06] <+Nesi> 1
[15:09] <@wrbtrader> Long ES @ 1030.75 -> small size
[15:09] <@wrbtrader> 3 only
[15:09] <@wrbtrader> discount sale going on right now
[15:09] <+rickf> 1029 on the SPX is my strong 'tell' that we may be upon the longawaited reversal if we dont climb back strongly above in the next day or two
[15:11] <@wrbtrader> Exited all ES Long @ 1032.00 --> + 1.25
[15:11] <@wrbtrader> I'm done for the day...way above my profit goal for the day.
[15:12] <@wrbtrader> Had a few bad losing streaks and good streaks...only because I was extremely aggressive today.
[15:12] <@wrbtrader> I keep a "ranking" of that and my average is 7.2
[15:12] <@wrbtrader> Today I was a 10
[15:12] <@wrbtrader> 10 on aggressive trading
[15:14] <@wrbtrader> October is my best trading month of the year and most likely it won't get any better because I start doing MORE family stuff in November and December along with taking more days off from the market.
[15:16] <@wrbtrader> However, today Emini ES was not my best trade of the day.
[15:18] <@wrbtrader> I gave my banker a large U.S. check when the exchange was 1.04 and told her to hold it until I called her....
[15:18] <@wrbtrader> I called her today to deposit it @ 1.08
[15:19] <@wrbtrader> save some good coin on that
[15:19] <@wrbtrader> Take care all and have a good weekend
[15:19] <@wrbtrader> Halloween Weekend
[15:20] <@wrbtrader> :)
[15:20] <+Nesi> thanks wrbtrader
[15:20] <+Nesi> good job
[15:20] <+Nesi> have a good one
[15:21] <+werner> Long NQ @ 1666.00
[15:22] <+werner> Long NQ @ 1668.00 -> Add
[15:27] <+Nesi> Exited all ES Long @ 1032.00 --> + 1.5
[15:29] <+werner> Long NQ @ 1666.00 -> Add
[15:29] <+Nesi> Shorts ES @ 1033.00
[15:29] <+Nesi> 1
[15:31] <+Nesi> Covered all ES Short @ 1034.50 --> - 1.5
[15:32] <+werner> Exited 2/3 NQ Long @ 1672.25 --> + 6.25
[15:33] <+Nesi> Shorts ES @ 1035.50
[15:33] <+Nesi> 1
[15:34] <+Nesi> Covered all ES Short @ 1036.50 --> - 1
[15:34] <+werner> Exited 1/3 NQ Long @ 1673.00 --> + 7
[15:34] <+Nesi> Long ES @ 1036.50
[15:36] <+jbuch> Shorts ES @ 1036.5
[15:36] <+werner> pfffff...good weekend all
[15:37] <+jbuch> wow great werner
[15:37] <+rickf> cya vn
[15:37] <+werner> :))
[15:39] <+Nesi> Exited ES Long @ 1034.75 --> - 1.75
[15:39] <+Nesi> Reverse and Enter Short ES @ 1034.75
[15:39] <@X> #FuturesTrades Info -> You must read #FuturesTrades purpose and benefits @ viewtopic.php?f=5&t=36 and TOU policy @ viewtopic.php?f=2&t=55 to prevent any misunderstandings.
[15:39] <+Nesi> 3
[15:40] <+jbuch> Covered all ES Short @ 1035.5 --> + 1
[15:41] <+Nesi> Covered all ES Short @ 1037.25 --> - 2.5
[15:41] <+rickf> damn ... almost 3m eminis traded
[15:41] <+rickf> best trading day in ages and i mised most of it. Grrr, argh. :(
[15:41] <+jbuch> huge day
[15:42] <+jbuch> and we still have the close
[15:42] <+rickf> yah
[15:43] <+Nesi> Long ES @ 1037.50
[15:43] <+Nesi> 2
[15:43] <+rickf> have a nice short setup here but not willing to risk it today @ the close
[15:47] <+Nesi> Exited all ES Long @ 1036.00 --> - 1.5
[15:48] <+Nesi> Long ES @ 1037.50
[15:48] <+Nesi> 1
[15:48] <tomosyn57> Long SSO @ 33.20
[15:49] <+tomosyn57> Exited 1/2 SSO Long @ 33.25 --> + 0.05
[15:50] <+Nesi> Exited all ES Long @ 1036.75 --> - 0.75
[15:50] <+tomosyn57> Exited Remainder SSO Long @ 33.19 --> - 0.01
[16:02] <+rickf> ok guys have a good w/e
[16:02] <+rickf> see you next week
[16:02] <+Nesi> bye all, have a great weekend

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

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M.A. Perry
Trader and Founder of WRB Analysis (wide range body analysis)


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