#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.
------------------------
Session Start: Mon Oct 19 09:10:24 2009
Session Ident: #futurestrades
[09:10] * Now talking in #futurestrades
[09:10] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:28] <pat255> bernanke @ 11 est, housing @ 1
[09:29] <drt>
all
[09:30] <Nesi> hi all
[09:30] <+Nesi> morning
[09:31] <Forex2stay> morning
[09:32] <+Nesi> Shorts ES @ 1085.25 «« simulator »»
[09:34] <+Nesi> Covered all ES Short @ 1085.25 --> 0 «« simulator »»
[09:36] <@wrbtrader> Long ES @ 1086.25 -> large size
[09:36] <@wrbtrader> 9 only
[09:37] <@wrbtrader> Exited all ES Long @ 1087.00 --> + 0.75
[09:38] <@wrbtrader> Hopefully I can get a re-entry signal because I'm still bullish
[09:41] <@wrbtrader> Long ES @ 1087.00 -> large size
[09:41] <@wrbtrader> 6 only
[09:41] <[1]luffy>
[09:42] <@wrbtrader> intuition
[09:43] <@wrbtrader> Exited all ES Long @ 1086.75 --> - 0.25
[09:44] <+Nesi> Shorts ES @ 1086.25 «« simulator »»
[09:44] <+Nesi> 1
[09:44] <+Nesi> soory..it was 1085.75
[09:44] <@wrbtrader> rollover in Oil and Gold gave the early warning
[09:44] <+Nesi> Covered all ES Short @ 1086.25 --> 0 «« simulator »»
[09:44] <+Nesi> Shorts ES @ 1085.75 «« simulator »»
[09:45] <@wrbtrader> Shorts ES @ 1085.75 -> large size
[09:45] <@wrbtrader> 9 only
[09:46] <@wrbtrader> weak support developed
[09:47] <@wrbtrader> Covered all ES Short @ 1085.50 --> + 0.25
[09:47] <@wrbtrader> sideline...rebooting
Session Close: Mon Oct 19 09:48:00 2009
Session Start: Mon Oct 19 09:48:00 2009
Session Ident: #futurestrades
[09:48] * Disconnected
Session Close: Mon Oct 19 09:48:01 2009
Session Start: Mon Oct 19 09:56:35 2009
Session Ident: #futurestrades
[09:56] * Now talking in #futurestrades
[09:56] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:57] <@wrbtrader> sorry about that...3rd day in a roll where I lost my times & sales info
[09:57] <+Nesi> by time and sales..u mean the grid?
[09:57] <@wrbtrader> Never do an upgrade
[09:57] <+Nesi> today is the 1987 crash aniversary
[09:57] <+Nesi> Covered all ES Short @ 1083.25 --> + 1.25 «« simulator »»
[10:04] <@wrbtrader> Yes...Black Monday Aniversary
[10:04] <@wrbtrader> Long ES @ 1085.00 -> large size
[10:04] <@wrbtrader> 6 only
[10:05] <@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.
[10:07] <@wrbtrader> Exited all ES Long @ 1086.00 --> + 1
[10:08] <@wrbtrader> There's nothing worthwhile holding onto in hopes of catching a runner...just quick profit stuff.
[10:09] <@wrbtrader> It's a low volatility tight trading range
[10:31] <@wrbtrader> A little higher and a short squeeze will occur
[10:33] <+pat255> looks like
[10:33] <@wrbtrader> You guys want to replicate the trades of top investors...check out this story "Site Lets Investors See and Copy Experts Trades" @
http://www.nytimes.com/2009/10/19/techn ... f=business [10:34] <@wrbtrader> If they become a big hit...wouldn't be surprise if they add a "trading" section to go along with the "investing" section.
[10:37] <+Forex2stay> i've seen this before...i had an options account with optionxpress and they let you pick from "experts" and you allocated a % and they would make the mirror the trades in your account based on the % you setup.
[10:37] <@wrbtrader> How did it work out for you
[10:39] <+pat255> oil flat, gold flat, bonds up a little, relentlessly
[10:39] <@wrbtrader> Light Crude Oil had hit a "one year high of $79" @
http://www.marketwatch.com/story/oil-fu ... 2009-10-19[10:39] <+Forex2stay> actually i didn't do it...didn't trust it
[10:40] <@wrbtrader> ok
[10:40] <+Forex2stay> however i will say they also allowed you to close the trades at anytime so you also had control.
[10:40] <+Forex2stay> anytime you didn't feel good about it you just pulled the plug
[10:40] <Francois> looks like R1 will be tested
[10:41] <@wrbtrader> Too bad Mr. Raj Rajaratnam of Galleon Group didn't setup something to allow mimicking his hedge fund trades/investments @
http://www.cnbc.com/id/33379516[10:41] <@wrbtrader>
[10:42] <+pat255> lol crooks all over the place these hedge funds
[10:42] <@wrbtrader> Yeah...our goal is to find out whom are the crooks and then follow them until they get caught
[10:43] <+pat255> rofl
[10:43] <+pat255> good one ...
[10:43] <+Forex2stay> GBPUSD testing October High
[10:44] <+pat255> brutal upmove
[10:44] <@wrbtrader> It's a creeper price rise.
[10:44] <@wrbtrader> difficult to go Long or Short
[10:45] <+pat255> yes ..
[10:45] <@wrbtrader> Long ES @ 1091.00 -> medium size
[10:45] <@wrbtrader> 4 only
[10:48] <@wrbtrader> Exited all ES Long @ 1091.25 --> + 0.25
[10:48] <@wrbtrader>
[10:51] <JimL14> really tough action, there's not enough buying/selling to get a comfortable read on a run, creeper looked @ after the move look like no-brainer, but most of the time trading & holding through low volatility is a loser's game
[11:17] <+Francois> short 91.75 stop 93
[11:18] <@wrbtrader> Long ES @ 1092.25 -> small size
[11:18] <@wrbtrader> 3 only
[11:18] <@wrbtrader> intuition
[11:24] <+Francois> all out
[11:25] <+Francois> -0.75
[11:26] <+Francois> long 93
[11:27] <@wrbtrader> Exited all ES Long @ 1093.25 --> + 1
[11:36] <+Francois> 1/2 out 94
[11:38] <+Francois> last 5 min candle not bullish
[11:42] <+pat255> later guys back to office
[11:42] <+Francois> sold other 1/2 @ 93.25 :-(
[11:58] <jbuch> going camping for the week goodluck everyone.
[11:59] <+Nesi> have a great time..jb
[11:59] <+jbuch> thanks man
[12:11] <@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.
[12:52] <Nesi> dollar index almost low of the day
[12:52] <+Nesi> possible breakdown 75.40
[12:53] <+Nesi> poor dollar
[12:56] <+Nesi> Housing Market Index in few min.. heads up just in case
[12:58] <+Nesi> maybe it moves the markets
[12:59] <+JimL14> Thks, need something to jolt the system
[13:00] <+Nesi> 10/19/2009 13:00 *DJ US NAHB Oct Housing Index 18 Vs 19 In Sep
[13:00] <+Nesi> Shorts ES @ 1093.25 «« simulator »»
[13:00] <+Nesi> 1
[13:02] <+Nesi> 10/19/2009 13:00 *DJ NAHB Calls For Extension Of Home-Buyer Tax Credit .
[13:04] <+Nesi> Covered all ES Short @ 1094.50 --> - 1.25 «« simulator »»
[13:14] <+Nesi> Shorts ES @ 1094.75 «« simulator »»
[13:14] <+Nesi> Shorts ES @ 1094.25 -> Add «« simulator »»
[13:14] <+Nesi> 2c
[13:16] <+Nesi> exit stop set ES @ 1096.00 «« simulator »»
[13:25] <+Nesi> possible sell signal here
[13:26] <MK> Shorts ES @ 1093.75 «« simulator »»
[13:32] <+Nesi> Covered all ES Short @ 1094.50 --> 0 «« simulator »»
[13:35] <+Nesi> Long ES @ 1095.00 «« simulator »»
[13:37] <+MK> Covered all ES Short @ 1096.25 --> - 2.5 «« simulator »»
[13:39] <+Nesi> Exited all ES Long @ 1096.00 --> + 1 «« simulator »»
[13:42] <+MK> Shorts ES @ 1095.75 «« simulator »»
[13:43] <+Nesi> Shorts ES @ 1095.25 «« simulator »»
[13:43] <+Nesi> 1 c only
[13:47] <+MK> Covered all ES Short @ 1094.5 --> + 1.25 «« simulator »»
[14:09] * nando is now known as Nesi
[14:14] <+Francois> long 96
[14:14] <@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.
[14:19] <+Francois> CL strong this pm
[14:34] <+Francois> -0.50
[14:55] <+JimL14> man is this frustrating today....
[14:56] <+Francois> needs patience....
[15:02] <@wrbtrader> Another power mover today in Oil
[15:02] <@wrbtrader> Gold follow too
[15:03] <@wrbtrader> Can that strength be all due to the worsening U.S. Dollar
[15:04] <@wrbtrader> Must be because the U.S. Dollar dropped like a rock around 10am est
[15:05] <@wrbtrader> What's odd is that Forex Currency EurUsd or CME EuroFX 6E didn't do a power move upwards with Oil and Gold soon after 10am est
[15:08] <+Forex2stay> wrbtrader i have about a 60 pip up move on EURUSD (5m chart) starting at 10 EST for about 40 minutes...is this the same time you are referring to? During the same timeframe GBPUSD pushed up over 100 pips.
[15:10] <@wrbtrader> Yes...I have that too in GbpUsd
[15:12] <+Forex2stay> yes a little confusing...EUR makes up 57.6% of the USD index, and GBP only 11.9%...
[15:14] <@wrbtrader> I'm also shocked this year that there's not more talk at 5 of the top discussion forum by retail traders that trade Oil CL or Gold GC or the related exchange traded funds especially when traders are constantly complaining they're looking for something that moves strongly.
[15:14] <@wrbtrader> Yet, I do see more Forex Currency talk at the top forums.
[15:16] <@wrbtrader> For example...compare the StockTwits twitter discussions...
[15:17] <@wrbtrader> Here's the Emini ES talk @
http://www.stocktwits.com/t/ES_F[15:17] <@wrbtrader> Here's Crude Oil futures @
http://www.stocktwits.com/t/CL_F[15:18] <@wrbtrader> Here's Gold Futures @
http://www.stocktwits.com/t/GC_F[15:18] <@wrbtrader> Here's Forex EurUsd @
http://www.stocktwits.com/t/EURUSD[15:19] <@wrbtrader> Here's EuroFX 6E @
http://www.stocktwits.com/t/6E_F[15:20] <@wrbtrader> More diversify of traders talking about the Emini ES where there's only 1 - 3 traders carrying the conversations in the hottest futures on the planet...imbalance is just weird.
[15:22] <@wrbtrader> Twitter is just an example of what's occurring at discussion forums all over.
[15:23] <@wrbtrader> Shorts ES @ 1094.25 -> small size
[15:23] <@wrbtrader> 3 only
[15:25] <@wrbtrader> Heck...countries have been going to war over Oil for centuries under the facade of other stuff.
[15:25] <@wrbtrader>
[15:27] <@wrbtrader> Simply, I think us retail traders have mainly been missing the "big boat" about trading Oil and Gold...I regret not switching to it fulltime a few years ago when it became big with the institutions.
[15:28] <codehead> oil is reall a good trader, indeed
[15:28] <+codehead> one thing about it, they love to run the stops
[15:29] <+codehead> haven't watched cci on it lately...
[15:29] <+codehead> but when i did you could just trade hooks from extremes
[15:29] <+codehead> and it would usually run to the other extreme
[15:30] <@wrbtrader> Covered all ES Short @ 1094.00 --> + 0.25
[15:31] <@wrbtrader> Looking for alot more on that trade than just 1 tick
[15:50] <@wrbtrader> Long ES @ 1095.00 -> small size
[15:50] <@wrbtrader> 1 only
[15:51] <@wrbtrader> Long ES @ 1095.25 -> Add
[15:51] <@wrbtrader> 1 only add
[15:53] <@wrbtrader> Once again...trying something different in the rush hour traffic to the 4pm est regular hours close until the 4:15pm est futures close
[15:55] <@wrbtrader> Long ES @ 1095.50 -> Add
[15:55] <@wrbtrader> 1 add only
[15:55] <@wrbtrader> total of 3 contracts
[15:58] <@wrbtrader> Exited all ES Long @ 1094.25 --> - 2
[16:00] <+Francois> short 93
[16:00] <@wrbtrader> Shorts ES @ 1092.25 -> small size
[16:00] <@wrbtrader> 3 only
[16:04] <@wrbtrader> Covered all ES Short @ 1090.75 --> + 1.5
[16:06] <@wrbtrader> Lucky trade due to data problems or something because I did a "market order" to short when price ticked upwards from 1093.25 to 1093.50
[16:06] <@wrbtrader> got filled @ 1092.25
[16:06] <+Francois> out 91
[16:07] <@wrbtrader> the market order was a mistake...wanted to do a special order in that type of price traffic
[16:12] <@wrbtrader> Crude Oil $CL_F - "Oil rises near $80 on weaker dollar, higher stock markets" @
http://www.marketwatch.com/story/oil-fu ... 2009-10-19[16:13] <@wrbtrader> FYI - If you have notice I've been posting more news story links in year the past few months it's because the search engines pick up the #FuturesTrades chat log a lot easier and faster when there's news link to high ranking market sites.
[16:14] <@wrbtrader> Especially when I type the "subject line" of the story with the link instead of just the link alone.
[16:15] <@wrbtrader> Just sitting here watching the price action of the futures to the AAPL earnings stuff.
[16:15] <@wrbtrader> Take care all and see all tomorrow.
[16:15] * wrbtrader is now known as wrbtrader_away
[16:17] <@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.
Session Close: Mon Oct 19 17:50:15 2009
-------------------------
#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
