#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.
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Session Start: Thu Oct 15 09:29:08 2009
Session Ident: #futurestrades
[09:29] * Now talking in #futurestrades
[09:29] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:29] <rickf> .
[09:29] <drt>
all
[09:29] <@wrbtrader> Good morning all
[09:29] <+rickf> btw found this last night --- the CME changed its tick data reporting recently
[09:29] <+rickf>
http://www.linnsoft.com/qa/a/166.htm[09:30] <+rickf> CME info:
http://www.cmegroup.com/globex/files/Eq ... ements.pdf[09:30] <+rickf> as anohter trader wrote in complaint, "We do not have "more information at greater speed" – instead, we have more DATA at greater speed and less real information."
[09:32] <@wrbtrader> DAX and EuroFX 6E was moving strongly this morning prior to 0830am est
[09:33] <pat255> eur red now
[09:34] <@wrbtrader> I hope it stays that way for awhile because the Euro is killing my U.S. Dollar value here in Canada
[09:34] <jbuch> like we were saying yesterday if this continues swing trading will become the best option
[09:34] <+pat255> y
[09:34] <+jbuch> especially when you add in the proposed transaction tax
[09:34] <+rickf> no kidding - i paid last year's tuition in Oz via fx trading ... long AUD short USD
[09:35] <Nesi> proposed transaction tax?
[09:35] <+jbuch> they have been talking about it for a while now
[09:36] <+rickf> i heard it got nixed in the latest discussions?
[09:36] <+jbuch> they being congress
[09:36] <+jbuch> oh really cool
[09:36] <@wrbtrader> Long ES @ 1084.75 -> large size
[09:36] <+Nesi> :>
[09:36] <+rickf> short es 1085.50 paper
[09:37] <@wrbtrader> late by 3 - 4 ticks in getting long due to some of my trading problems are still opening up (got a late start this morning due to problem with the kids)
[09:37] <@wrbtrader> trading problems = trading programs
[09:38] <@wrbtrader> 6 only
[09:38] <+drt> s es 85.50
[09:40] <@wrbtrader> Exited all ES Long @ 1086.00 --> + 1.25
[09:41] <werner>
all
[09:41] <+jbuch> hey werner
[09:41] <@wrbtrader> I hate when a data vendor or broker sends a message that the program needs to be upgraded by a certain date if I want it to keep working
[09:41] <+drt> cs es 85.50
[09:41] <+werner> hey jbuch
[09:42] <@wrbtrader> If it ain't broke...don't fix it
[09:42] <Francois>
[09:44] <+jbuch> Long ES @ 1085.5
[09:52] <+jbuch> Exited all ES Long @ 1086.25 --> + 0.75
[09:53] <@wrbtrader> 10am est Philly FED coming high speed around the corner.
[09:56] <@wrbtrader> Gold and DAX trying to go up while Oil is lethargic
[10:00] <+rickf> exit es 1085 +.50 paper
[10:00] <+Nesi> T *Philadelphia Fed Oct Delivery Times -9.3 Vs Sep -8.9
[10:02] <@wrbtrader> Shorts ES @ 1086.50 -> large size
[10:02] <@wrbtrader> 6 only
[10:05] <@wrbtrader> Covered all ES Short @ 1086.00 --> + 0.5
[10:06] <@wrbtrader>
[10:06] <JimL14> news caused indecision & wedge
[10:06] <@wrbtrader> Emini ES had no support from Oil nor Gold for about 2mins and it managae to stay at 1086 price area
[10:07] <@wrbtrader> That should have been and easy +1.5 points in price action like that.
[10:09] <@wrbtrader> Long ES @ 1086.50 -> medium size
[10:09] <@wrbtrader> 4 only
[10:10] <@wrbtrader> starting to feel like yesterday price action of low volatility range trading about 30 mins after the open
[10:11] <@wrbtrader> Exited ES Long @ 1085.00 --> - 1.5
[10:11] <@wrbtrader> Reverse and Enter Short ES @ 1085.00
[10:14] <@wrbtrader> Covered all ES Short @ 1084.50 --> + 0.5
[10:14] <@wrbtrader> that volatility spike shook things up briefly but like yesterday...we had about two of them also and they quickly lost their volatility within a few minutes.
[10:15] <pdays> Shorts ES @ 1085.0
[10:20] <@wrbtrader> Long ES @ 1085.50 -> large size
[10:20] <@wrbtrader> 6 pm;u
[10:22] <+pdays> Covered all ES Short @ 1084.75 --> + 0.25
[10:24] <+Francois> long 86
[10:25] <@wrbtrader> Exited all ES Long @ 1086.00 --> + 0.5
[10:25] <@wrbtrader> All this week the key markets have not been "insync" with each other as in some are moving higher while others are moving lower or stalling.
[10:26] <@wrbtrader> That makes it very difficult for the price action to find direction...making it DEPENDENT upon economic reports, speeches or breaking news.
[10:26] <+jbuch> seems like the market needs to retrace to attract the longer term players
[10:27] <+pat255> y
[10:28] <+Francois> out -0.50
[10:29] <+Francois> 84-87 no trade zone for me
[10:29] <+jbuch> right now it is just us short term players and the computers knocking it back and forth
[10:34] <@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.
[10:55] <+Francois> long 84.25
[10:58] <@wrbtrader> Long ES @ 1085.00 -> large size
[10:58] <@wrbtrader> 6 only
[11:00] * code is now known as codehead
[11:02] <@wrbtrader> Exited ES Long @ 1086.25 --> + 1.25
[11:03] <+jbuch> nice
[11:04] <@wrbtrader> Late entry due to some distractions...will be back later after I resolve some things here at home.
[11:04] * wrbtrader is now known as wrbtrader_away
[11:07] <luffy>
[11:13] <+Francois> adds to long @ 86.50
[11:18] <+Francois> all out 85.50
[11:24] <+jbuch> Shorts ES @ 1084.25
[11:30] <+Francois> short 84.50
[11:34] <+jbuch> Covered all ES Short @ 1084.25 --> 0
[11:37] <+Francois> 1/2 out +0.5
[11:38] <+Francois> rest out be
[11:46] <+Francois>
http://www.screencast.com/users/flarive ... 850e2fc41e[11:50] <+Nesi> are u trading for real..Francois?
[11:51] <+Francois> yes
[11:51] <+jbuch> yup it is 1 big ass wedge
[11:51] <+jbuch> thought we were going to br bottom thereeak through the
[11:53] <+jbuch> oops
[11:53] <+jbuch> break through the bottom
[12:00] <+JimL14> JB, same view here, until oil broke up & cleared tops, threw eminis back up into wedge, if gold goes. maybe everything follows up
[12:03] <+JimL14> looks like oil heading to 80 soon
[12:05] <+jbuch> kicking myself in the arse for selling my gold and oil positions.
[12:06] <+JimL14> as usd goes to 75
[12:11] <+Francois> long 86.25
[12:28] <+Francois> all out +0.75
[12:40] <@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.
[13:28] * wrbtrader_away is now known as wrbtrader
[13:37] <@wrbtrader> I got that bearish feeling again...
[13:40] <@wrbtrader> Shorts ES @ 1087.50 -> small size
[13:40] <@wrbtrader> 2 only
[13:48] <@wrbtrader> Covered all ES Short @ 1087.25 --> + 0.25
[13:49] <@wrbtrader> I hate those types of hammer retraces back upwards...basically a v-shape bounce on the seconds chart.
[13:56] <@wrbtrader> Shorts ES @ 1087.00 -> small size
[13:57] <@wrbtrader> 3 only
[13:57] <@wrbtrader> intuition in reaction to price action of prior trade
[14:05] <@wrbtrader> Covered all ES Short @ 1088.00 --> - 1
[14:11] <codehead> oil rocking
[14:12] <+codehead> scalp short ES 1087.75 <paper>
[14:12] <+codehead> stop over 1090 for now
[14:13] <+codehead> testing turn time
[14:14] <+codehead> oil had a beautiful chart when i took a look at the daily yesterday, sure looked like higher was imminent, and nice move today
[14:15] <@wrbtrader> Shorts ES @ 1087.00 -> medium size
[14:15] <@wrbtrader> 4 only
[14:15] <@wrbtrader> same trade as before
[14:18] <+codehead> exit half ES +.5 <paper>
[14:18] <+codehead> stop remainder 1088
[14:19] <@wrbtrader> Covered all ES Short @ 1087.50 --> - 0.5
[14:19] <+codehead> stopped remainder -.25 <paper>
[14:23] <@wrbtrader> Long ES @ 1088.00 -> large size
[14:23] <@wrbtrader> 6 only
[14:25] <+codehead> distribution?
[14:25] <+codehead> options tomorrow
[14:29] <@wrbtrader> geeesh...their just bouncing it up and down between 1088 - 1087
[14:31] <+Francois> will pop soon :-)
[14:34] <+Francois> long 80.50
[14:35] <+Francois> 88.50
[14:35] <@wrbtrader> Exited all ES Long @ 1089.25 --> + 1.25
[14:38] <+codehead> nice
[14:38] <+codehead> will be a battle here near yesty high
[14:39] <@wrbtrader> A ton of work during the recent 3 trades
[14:40] <+Francois> all out 89
[14:42] <+codehead> most of my trades was shorting NQ opening pop, was lucky to get out with ticks on 3 tries
[14:42] <+codehead> at open, it was outperforming everything, new globex high
[14:42] <+codehead> then when i gave up with skin intact, it's been the laggard rest of the day
[14:46] <@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.
[14:59] <+rickf> last hour
[15:00] <+rickf> < - futzing around with twitter during the chop
[15:13] <+Francois>
http://www.worldbusinessnews.co.uk/vide ... twork.html[15:13] <+rickf> bloomberg.com does it for their network too -- what i have on during premarket
[15:16] <+rickf> sheesh. why is an audiobook $18 while hardcover version is $15.50
[15:16] <+rickf> opps wrong window - sorry
[15:45] <+jbuch> Shorts ES @ 1090
[15:49] <+jbuch> Covered all ES Short @ 1090.25 --> - 0.25
[16:00] <@wrbtrader> Shorts ES @ 1092.25 -> small size
[16:00] <@wrbtrader> 2 only
[16:02] <@wrbtrader> Covered all ES Short @ 1092.00 --> + 0.25
-------------------------
#FuturesTrades is
free and is a serious professional trading chat room in which 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. To gain access to #FuturesTrades...please follow the instructions at the below link.
http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5The purpose of #FuturesTrades is that it's designed to be a
trade journal for documentation purposes only so that members can have a time stamp archive of trades and market commentaries of each trading day so that they can better understand their broker statements from one trade to the next trade when they review their performance numbers on any given trading day.
Further, members are not obligated to educate nor help other members but members are encourage to ask questions about any trades or market commentaries that's posted by others.
In addition, our primary job in the
free chat room is to moderate the room (keep the peace) because with so many members using different methods along with different opinions about the market...debates or arguments can easily flare up without moderating. In addition, our presence in the chat room is to ensure it's a
spam free chat room during trading although these archived chat logs may contain advertisments for guest visitors. More information about #FuturesTrades @
http://www.thestrategylab.com/FuturesTradesChatRoom.htm Also, to prevent the usual mix-up about our different chat rooms, most of our fee-base clients do not use chat rooms just like most retail traders do not use chat rooms. Yet, the few clients that do use chat rooms, 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 and they're not allowed to do such in #FuturesTrades.
Reminder, our
Terms of Use (TOU) Policy is a must read to prevent any misunderstandings along with revealing that #FuturesTrades is a serious professional trading chat room and we expect members to act
professional. Also, these logs may have been edited (rarely) to remove any messages that a member has complained to me via private message that they consider a particular commentary to be inappropriate, offending or too far in the off topic area that's a distraction when the commentary was posted.
Last of all, prior to December 1st 2008, archive logs of #FuturesTrades is stored at the below link.
http://www.thestrategylab.com/ArchivedPastTrades.htm Note: All logs regardless to their location at TheStrategyLab.com website are eastern standard time. Go Back To TheStrategyLab.com Homepage
