#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.
M.A. Perry - Founder of WRB Analysis (wide range body analysis)
------------------------
Session Start: Wed Oct 28 08:57:56 2009
Session Ident: #futurestrades
[08:57] * Now talking in #futurestrades
[08:57] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:09] <Nesi> hi all
[09:09] <+Nesi> good morning
[09:09] <Forex2stay_1> morning
[09:09] * Forex2stay_1 is now known as Forex2stay
[09:11] <+Nesi> Shanghai 3,031.33 +9.87 (0.33%)
[09:11] <+Nesi> Nikkei 225 10,075.05 -137.41 (-1.35%)
[09:11] <+Nesi> Hang Seng Index 21,761.58 -408.01 (-1.84%)
[09:11] <+Nesi> TSEC 7,533.95 -123.39 (-1.61%)
[09:11] <+Nesi> FTSE 100 5,125.12 -75.85 (-1.46%)
[09:11] <+Nesi> CAC 40 3,694.52 -49.43 (-1.32%)
[09:11] <+Nesi> S&P TSX 11,053.54 0.00 (0.00%)
[09:11] <+Nesi> S&P/ASX 200 4,685.10 -68.40 (-1.44%)
[09:12] <rickf>
all
[09:23] <codehead> NQ had a rad shake
[09:23] <+codehead> still trying to figure that out--obviously there were stops in
[09:28] <jbuch> good morning everyone
[09:28] <+Nesi> hello jb
[09:28] <+Nesi> good trading all
[09:29] <drt>
[09:34] <pat255>
all
[09:34] <AndyES>
[09:35] <+jbuch> Long ES @ 1057
[09:35] <+jbuch> late
[09:35] <werner1>
all , strange spike on nq
[09:36] <+Nesi> Shorts ES @ 1058.00
[09:36] <@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.
[09:37] <+Nesi> Covered all ES Short @ 1057.75 --> + 0.25
[09:37] <@wrbtrader> Long ES @ 1058.50 -> large size
[09:38] <@wrbtrader> 9 only
[09:38] <+Nesi> Shorts ES @ 1057.50
[09:39] <@wrbtrader> Exited all ES Long @ 1058.00 --> - 0.5
[09:39] <+jbuch> Exited all ES Long @ 1058 --> + 1
[09:39] <@wrbtrader> choppy
[09:39] <+jbuch> yeah
[09:40] <@wrbtrader> Short signal
[09:41] <+Nesi> Covered all ES Short @ 1057.25 --> + 0.25
[09:41] <TraderG> 10:00am USD New Home Sales
[09:41] <@wrbtrader> I'm just waiting on other key markets to help
[09:41] <+Nesi> important number...imo
[09:42] <+TraderG> 10:30am USD Crude Oil Inventories
[09:42] <+Nesi> 11:00 Hearing: Executive Pay
[09:42] <+Nesi> 1:00 PM Results of $41B, 5-Year Note Auction
[09:42] <+TraderG> my brother is taller than your brother
[09:42] <@wrbtrader> no help and a support level developed
[09:43] <@wrbtrader> Long ES @ 1058.00 -> large size
[09:43] <@wrbtrader> 9 only
[09:44] <@wrbtrader> still choppy
[09:46] <@wrbtrader> funny...I'm Long but still waiting for a Short because I'm bearish
[09:47] <@wrbtrader> Exited all ES Long @ 1058.75 --> + 0.75
[09:47] <+TraderG> too bad we don't have a switch to turn emotions off
[09:47] <@wrbtrader> yep
[09:47] <+AndyES> Haldol
[09:47] <+AndyES>
[09:47] <+AndyES> could help
[09:47] <+TraderG> Haldol??? is that some kind of a drug?
[09:47] <@wrbtrader> Is that over the counter
[09:48] <@wrbtrader>
[09:48] <+AndyES> anti-psychotic
[09:48] <+TraderG> that will not help me
[09:48] <+TraderG> nothing did so far
[09:48] <+AndyES> and not over the counter
[09:48] <+TraderG>
)))
[09:48] <+AndyES>
[09:48] <+Nesi> Shorts ES @ 1058.50
[09:48] <+Nesi> 1 c
[09:49] <+Nesi> i will play one contract and two contracts max
[09:49] <+AndyES> nice, Nesi
[09:49] <+Nesi> es quote please
[09:49] <+Nesi> i am down
[09:49] <+werner1> 57
[09:49] <+AndyES> 57.25
[09:49] <+TraderG> 1057
[09:49] <+pat255> 57
[09:49] <+Nesi> thanks guys
[09:49] <+Nesi> wow
[09:49] <+TraderG> 56.25
[09:49] <+Nesi> it jumps here
[09:49] <+AndyES> 56
[09:49] <+werner1> 56
[09:50] <+Nesi> exit stop set ES @ 1058.25
[09:50] <@wrbtrader> ES right back where it started at the Open...geeesh
[09:51] <+TraderG> we closed the gap from yesterday @ 4PM (I am looking at the cash close) and bounced off of it
[09:51] <+TraderG> 80% of daily gaps close
[09:53] <+Nesi> Covered all ES Short @ 1057.00 --> + 1.5
[09:53] <+pat255> vn
[09:55] <@wrbtrader> Shorts ES @ 1055.00 -> large size
[09:55] <@wrbtrader> 9 only
[09:55] <+werner1> Shorts NQ @ 1712.75
[09:55] <@wrbtrader> support broken and hopefully it stays below it
[09:55] <+Nesi> i will wait for house numbers
[09:55] * Forex2stay is now known as identify
[09:56] * identify is now known as Forex2stay
[09:56] <@wrbtrader> Covered all ES Short @ 1056.00 --> - 1
[09:56] <@wrbtrader> Shorts ES @ 1055.75 -> large size
[09:56] <@wrbtrader> 9 only
[09:57] <@wrbtrader> nasty stop runner I got caught in on that prior short
[09:58] <+codehead> long ES 1054.25, 2 pt stop <paper>
[09:59] <+Nesi> Long ES @ 1055.00
[09:59] <+codehead> exit half ES +1.00 <paper>
[09:59] <@wrbtrader> Covered all ES Short @ 1055.50 --> + 0.25
[09:59] <+codehead> raise stop b/e remainder <paper>
[10:00] <+Nesi> Exited all ES Long @ 1055.00 --> 0
[10:00] <+codehead> stopped reminader b/e <paper>
[10:00] <+Nesi> Shorts ES @ 1053.25
[10:00] <@wrbtrader> punks
[10:00] <+werner1> Covered all NQ Short @ 1707.00 --> + 5.75
[10:00] <+Nesi> Covered all ES Short @ 1053.00 --> + 0.25
[10:00] <@wrbtrader> back to back trailing stops stolen
[10:01] <+pat255> y moving but taking stops on both sides
[10:01] <@wrbtrader> Shorts ES @ 1053.75 -> large size
[10:01] <@wrbtrader> 9 only
[10:02] <@wrbtrader> scandalous...they allowed this to go back up to let the big boys get short before letting it drift back downwards.
[10:02] <+jbuch> Shorts ES @ 1053.25
[10:03] <@wrbtrader> Covered all ES Short @ 1051.75 --> + 2
[10:04] <+jbuch> Covered all ES Short @ 1052 --> + 1.25
[10:04] <@wrbtrader> sideline...will watch for awhile...crazy stuff here with too many games.
[10:04] <+werner1> indd crazy
[10:04] <+Nesi> 10:00ET DJ *US Aug New Home Sales Revised To 417K From 429K
[10:05] <+Nesi> Shorts ES @ 1052.50
[10:05] <+Nesi> Covered all ES Short @ 1052.25 --> + 0.25
[10:06] <+jbuch> nice nesi
[10:11] <@wrbtrader> Long ES @ 1055.25 -> large size
[10:11] <@wrbtrader> 6 only
[10:13] <+AndyES> Shorts ES @ 1056 «« simulator »»
[10:13] <+AndyES> 1 ct
[10:13] <+AndyES> live
[10:13] <@wrbtrader> Exited all ES Long @ 1055.50 --> + 0.25
[10:13] <@wrbtrader> shoul'uv, could'uv and would'uv been Long @ 1053.00 but got hit with "over-analysis" that resulted in lost in the forrest in the price action
[10:14] <+werner1> Shorts NQ @ 1712.00
[10:14] <+AndyES> Covered all ES Short @ 1055 --> + 1
[10:15] <@wrbtrader> Shorts ES @ 1055.25 -> large size
[10:15] <@wrbtrader> 6 only
[10:15] <+jbuch> Long ES @ 1055
[10:15] <@wrbtrader> Oil suddenly decided it wasn't going to help my short
[10:16] <+werner1> Covered all NQ Short @ 1712.00 --> 0
[10:16] <@wrbtrader> Gold helping keep this from getting away from me
[10:16] <+codehead> oil report in 14 mins
[10:16] <+werner1> brr cant hold it
[10:16] <@wrbtrader> tightening trailing stop just in case Gold wants higher
[10:17] <+werner1> grrr ...
[10:17] <@wrbtrader> Oil helping now
[10:17] <+jbuch> Exited all ES Long @ 1053.75 --> - 1.25
[10:17] <+pat255> oil hesing down
[10:19] <@wrbtrader> Covered 1/2 ES Short @ 1053.75 --> + 1.5
[10:20] <@wrbtrader> Covered Remainder ES Short @ 1054.50 --> + 0.75
[10:21] <+pat255> still below YL
[10:21] <@wrbtrader> Shorts ES @ 1053.25 -> large size
[10:21] <@wrbtrader> 6 only
[10:21] <@wrbtrader> intuition
[10:22] <@wrbtrader> Covered all ES Short @ 1054.00 --> - 0.75
[10:25] <+jbuch> Long ES @ 1053.5
[10:25] <@wrbtrader> Long ES @ 1055.00 -> large size
[10:25] <@wrbtrader> 9 only
[10:25] <@wrbtrader> not going to hang around too long on this one
[10:25] <+jbuch> sorry forbthe late entries had my daughter on my lap
[10:26] <+pat255> looks iffy
[10:26] <@wrbtrader> Exited all ES Long @ 1054.25 --> - 0.75
[10:26] <+jbuch> Exited all ES Long @ 1053.75 --> + 0.25
[10:27] <@wrbtrader> Shorts ES @ 1053.50 -> large size
[10:27] <@wrbtrader> not going to hang around too long on this one...just like the prior trade
[10:28] <+Nesi> Shorts ES @ 1053.00
[10:28] <@wrbtrader> Covered all ES Short @ 1053.75 --> - 0.25
[10:28] <+Nesi> Covered ES Short @ 1054.25 --> - 1.25
[10:28] <+Nesi> Reverse and Enter Long ES @ 1054.25
[10:29] <@wrbtrader> I expected more price direction going into the recent 5mins just before 1030am est...it didn't happen
[10:29] <+jbuch> Long ES @ 1053.5
[10:29] <@wrbtrader> I don't have the patience right now to endure any choppy...
[10:30] <@wrbtrader> rather take small hits and then try again
[10:30] <+Nesi> Exited ES Long @ 1052.75 --> - 1.5
[10:30] <+Nesi> Reverse and Enter Short ES @ 1052.75
[10:30] <@wrbtrader> Shorts ES @ 1053.00 -> large size
[10:30] <@wrbtrader> 6 only
[10:30] <+jbuch> Long ES @ 1052.75 -> Add
[10:30] <+Nesi> i got in the chop zone
[10:30] <+Nesi> killing me
[10:30] <+rickf> short es 1053.25
[10:30] <@wrbtrader> Covered all ES Short @ 1053.50 --> - 0.5
[10:31] <@wrbtrader> Shorts ES @ 1053.50 -> large size
[10:31] <@wrbtrader> 6 only
[10:32] <@wrbtrader> Shorts ES @ 1053.00 -> Add
[10:32] <@wrbtrader> 3 more on the burner
[10:33] <@wrbtrader> Covered all ES Short @ 1052.75 --> + 1
[10:34] <+jbuch> Exited Remainder ES Long @ 1053.25 --> + 0.25
[10:34] <@wrbtrader> low volatility trading range trying to develop
[10:34] <+rickf> exit 1053.25 +.25
[10:35] <+jbuch> longs and shorts not getting anything
[10:35] <+Nesi> Shorts ES @ 1054.00 -> Add
[10:35] <+Nesi> 2 c total
[10:35] <@wrbtrader> Agree...I've played both sides aggressivley today and just barely profitable...enough to buy a cheeseburger
[10:36] <+Nesi> me too..i am almost flat
[10:36] <+rickf> chop city .... thank god for the dolalr menu
[10:36] <@wrbtrader> Shorts ES @ 1053.50 -> medium size
[10:36] <+TraderG> i have enough 4 a big mac meal
[10:37] <@wrbtrader> bragger
[10:37] <+rickf> 1053 touch nut to crack
[10:37] <+rickf> hehe
[10:37] <+TraderG> but only for 1 person
[10:37] <+TraderG> on paper i can invite the whole group
)
[10:38] <+rickf> paper money for paper burgers
[10:38] <+TraderG> hahahahaha
[10:39] <+Nesi> drilll
[10:39] <@wrbtrader> Covered all ES Short @ 1052.50 --> + 1
[10:39] <+Nesi> is that a support
[10:40] <@wrbtrader> Yes
[10:41] <@wrbtrader> Too bad there's not a broker out there that allows "immediate" withdrawals of funds to a bank account like a direct deposit.
[10:41] <+jbuch> Long ES @ 1053
[10:41] <+Nesi> Covered ES Short @ 1053.25 --> - 0.5
[10:41] <+Nesi> Reverse and Enter Long ES @ 1053.25
[10:41] <@wrbtrader> Didn't Etrade have such because they own their own bank and you could do that if you had a bank account with them
??
[10:42] <+TraderG> with IB you can do electronic transfers to a specific bank account
[10:42] <+Nesi> Exited ES Long @ 1052.50 --> - 0.75
[10:42] <+Nesi> Reverse and Enter Short ES @ 1052.50
[10:42] <+rickf> TOS does ACH
[10:42] <@wrbtrader> IB charges a fee for such
[10:42] <+rickf> same-day if you do it before I think noontime
[10:42] <@wrbtrader> A fee wouldn't be charge if IB was the broker and bank account.
[10:42] <+pat255> no IB does not but they have limits 1-2 a month
[10:42] <+codehead> long ES 1052.50 <paper>
[10:43] <@wrbtrader> Ahhh...ok...interesting
[10:43] <+jbuch> Long ES @ 1052.25 -> Add
[10:44] <+Nesi> Covered all ES Short @ 1053.25 --> 0
[10:44] <@wrbtrader> Be back later...going to Yuzu Sushi bar to pick up lunch for the family while the volatility is slowly declining now that my last trade (profit) allowed me to upgrade from a cheeseburger to sushi for the family.
[10:45] * wrbtrader is now known as wrbtrader_away
[10:45] <+rickf> lol
[10:45] <+codehead> exit half +1.00 <paper>
[10:45] <+rickf> mmmm sushi
[10:45] <+Nesi> Long ES @ 1053.75
[10:45] <+Nesi> 3
[10:46] <@wrbtrader_away>
http://www.yuzu.ca/[10:46] <+codehead> 1 pt stop on remainder
[10:47] <+codehead> exit -.25 remainder <paper>
[10:47] <+Nesi> Exited ES Long @ 1052.25 --> - 1.5
[10:47] <+Nesi> Reverse and Enter Short ES @ 1052.25
[10:47] <+Nesi> 3
[10:47] <+jbuch> Exited 2/3 ES Long @ 1051.75 --> - 0.5
[10:48] <+Nesi> IF IF drills.. it will potent
[10:48] <+Nesi> be
[10:48] <+Nesi> to 1040 area..imho
[10:49] <+rickf> back in a bit - gym time
[10:49] <+Nesi> here it may go
[10:50] <+Nesi> come on
[10:50] <+Nesi> amazing
[10:51] <+AndyES> wow
[10:51] <+Nesi> Covered all ES Short @ 1048.50 --> + 3.75
[10:51] <+AndyES> vn
[10:51] <+pat255> vn
[10:52] <+Nesi> i am 50 bucks net .. :/ after all this work
[10:52] <+Nesi> i did 20 trades
[10:53] <+Nesi> playing one and two contracts and only one time i did play 3
[10:54] <+Nesi> Shorts ES @ 1047.50
[10:54] <+Nesi> Covered all ES Short @ 1047.25 --> + 0.25
[11:00] <+codehead> 1046.75 ES low, 1047.00 was major .618
[11:00] <+codehead> so possible to have a low in
[11:00] <+codehead> 1045.25 is a big cluster
[11:00] <+codehead> and just under, 1044.5
[11:20] <+AndyES> Shorts ES @ 1052
[11:21] <+Nesi> Long ES @ 1051.50
[11:21] <+AndyES> Covered all ES Short @ 1051 --> + 1
[11:38] <+Nesi> Exited all ES Long @ 1049.75 --> - 1.75
[11:38] <+Nesi> late post
[11:39] <@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.
[11:46] <+AndyES> lunch, dog walk,
[11:48] <+werner1> Long NQ @ 1699.50
[12:00] <+Nesi> Shorts ES @ 1049.25
[12:07] <+TraderG> no wonder there is no peace around the world. we cannot even agree on a direction in the market
[12:07] <+werner1> lol
[12:08] <+TraderG> i am short FX for the last 70 minutes
[12:09] <+TraderG> can we post here FX trades?
[12:19] <+werner1> Exited all NQ Long @ 1697.00 --> - 2.5
[12:20] <+Nesi> i would like to see FX trades post here
[12:20] <+Nesi> dollar at high, euro at low
[12:23] <+Nesi> mojo
[12:24] <+Nesi> ES day low
[12:26] <+TraderG> trading is easy when you make $
[12:27] <+Nesi> Covered all ES Short @ 1047.50 --> + 1.75
[12:27] <+TraderG> i don't know where that came from
[12:28] <+werner1> nice nesi
[12:29] <+Nesi> Long ES @ 1048.25
[12:29] <+Nesi> 2c
[12:30] <+Nesi> we may we may have seen the lows of the day
[12:34] <+werner1> Long NQ @ 1693.00
[12:37] <+Nesi> Exited ES Long @ 1047.00 --> - 1.25
[12:37] <+Nesi> Reverse and Enter Short ES @ 1047.00
[12:37] <+werner1> Exited all NQ Long @ 1692.50 --> - 0.5
[12:38] <+Nesi> Shorts ES @ 1046.50 -> Add
[12:43] <+werner1> Long NQ @ 1691.75
[12:50] <+codehead> 15 min ES chart pretty telling today
[12:50] <+codehead> since the opening pop, ever bar top lower, with one exception, the earlier dump that overshot
[12:51] <+werner1> Exited all NQ Long @ 1689.75 --> - 2
[12:52] <+werner1> done here
[12:52] <+werner1> cya all
[12:52] <+TraderG> [12:30:34] <Nesi> we may we may have seen the lows of the day. I lost a lot of $$$ thinking like this (I am not teasing you btw)
[12:53] <+Nesi> that is what i zot... but.. i trade obeying the tape
[12:53] <+Nesi> i am still short
[12:54] <+Nesi> Covered all ES Short @ 1044.00 --> + 5.5
[12:54] <+Nesi> i am working everyday...not to have a bias
[12:54] <+Nesi> or fight the tape
[12:54] <+TraderG> Markets can remain irrational longer than you can remain solvent.
[12:54] <+TraderG> John Maynard Keynes
[12:54] <+Nesi> i said one thing..but i went short
[12:54] <+TraderG>
good 4 u
[12:54] <+Nesi> yup...agree...TraderG
[12:55] <+Nesi> now i will wait it out
[12:55] <+TraderG> not that I am following what i said
)))
[12:55] <+TraderG> if I would...... you guys would need an appointment to have an appointment with me
)
[12:57] <+TraderG> I call myself a LIQUIDITY PROVIDER. I buy low and sell high or sell high and buy low - thus, providing liquidity
[13:04] <+rickf> bak
[13:09] <+Nesi> Shorts ES @ 1048.00
[13:11] <+codehead> finally a higher high on 15 min bars
[13:11] <+codehead> break of 1050 would be key for more up
[13:13] <+Nesi> Covered all ES Short @ 1049.00 --> - 1
[13:13] <+rickf> short es 1049.50
[13:13] <+Nesi> CIT CIT Group confirms Additional $4.5 Billion in Financing Through Expansion of Existing Secured Credit Facility (0.95 -0.03)
[13:14] <+Nesi> Long ES @ 1049.75
[13:17] <+Nesi> fiancials may get hot
[13:18] <+Nesi> Exited all ES Long @ 1050.00 --> + 0.25
[13:19] <+Nesi> Long ES @ 1049.75
[13:22] <OICU812> hey guys
[13:22] <+OICU812> how you all doing?
[13:22] <+Nesi> hey man
[13:22] <+Nesi> how are u
[13:22] <+rickf> exit 1049 +.50
[13:23] <+OICU812> doing good
[13:24] <+OICU812> cant complain
[13:25] <+Nesi> Long ES @ 1050.25 -> Add
[13:32] <+codehead> bounce at .500 there
[13:33] <+codehead> 08:00 codehead: 1045.25 is a big cluster
[13:33] <+codehead> 08:00 codehead: and just under, 1044.5
[13:33] <+codehead> actually was 1044.00 on the low end of cluster, after looking at charts again
[13:39] <+Nesi> Exited all ES Long @ 1048.00 --> - 4
[13:44] <+AndyES> Long ES @ 1048.5
[13:45] <@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.
[13:45] <+AndyES> Exited all ES Long @ 1047.75 --> - 0.75
[13:54] <+jbuch> Long ES @ 1047.25
[13:54] <+jbuch> how goes the battle guys
[13:55] <+Nesi> Long ES @ 1048.00
[13:55] <+jbuch> nes looks like u had some good trades this afternoon
[13:55] <+rickf> meh
[13:57] <+Nesi> nope...jb.. i am down on comish as of now
[13:57] <+Nesi> and i am in a trade now
[13:59] * +rickf caught in chop this morning and exited in more chop this pm just before it would have moved and hit my profit target. c'est la market
[14:00] <+jbuch> ahh nesi I misread a post thought it was plus 4.
[14:00] <+jbuch> Exited all ES Long @ 1046.75 --> - 0.5
[14:01] <+Nesi> Exited all ES Long @ 1046.00 --> - 2
[14:01] <+jbuch> looks like it has been a choppy one
[14:02] <+jbuch> with a couple of nice moves to keep u interested
[14:02] <+AndyES> Long ES @ 1046.25
[14:04] <+Nesi> Long ES @ 1047.75
[14:05] <+jbuch> Long ES @ 1047.5
[14:06] <+AndyES> Exited all ES Long @ 1047.25 --> + 1
[14:06] <+jbuch> Long ES @ 1047 -> Add
[14:18] <+codehead> long NQ 1690.00 stop 1686 <paper>
[14:18] <+codehead> ES critical support are, down to about 1042.50
[14:18] <+codehead> 1036.50 is another gap fill
[14:20] * wrbtrader_away is now known as wrbtrader
[14:21] <+codehead> stop should be 1685.50
[14:21] <+Nesi> Exited ES Long @ 1045.50 --> - 2.25
[14:21] <+Nesi> Reverse and Enter Short ES @ 1045.50
[14:22] <+Nesi> Shorts ES @ 1044.50 -> Add
[14:22] <+Nesi> 4c total
[14:23] <+codehead> stopped on NQ -4.50 <paper>
[14:23] <+codehead> bearish
[14:23] <+codehead> very
[14:24] <@wrbtrader> I don't see any support levels for Emini ES...
[14:24] <@wrbtrader> Will need to look at other key markets to see if they have support levels.
[14:25] <+Nesi> i see some support at 1020 area
[14:25] <@wrbtrader> wow...that's way down there
[14:25] <+Nesi> lol
[14:26] <+codehead> ES low possibly in, 1042.50 key
[14:26] <+codehead> if we hold up for 20 mins without breaking that, may get some bounce
[14:26] <+codehead> but, lotta overhead now
[14:27] <@wrbtrader> Gold Index at a support right now
[14:29] <@wrbtrader> Long ES @ 1044.50 -> small size
[14:29] <@wrbtrader> 3 only
[14:29] <+AndyES> Long ES @ 1044.5
[14:30] <@wrbtrader> Exited all ES Long @ 1044.25 --> - 0.25
[14:31] <@wrbtrader> If a weak support develops here for Emini ES...I'll load up.
[14:31] <@wrbtrader> Long ES @ 1044.75 -> small size
[14:31] <@wrbtrader> 3 only
[14:31] <+Nesi> Covered ES Short @ 1045.25 --> + 0.25
[14:31] <+Nesi> Reverse and Enter Long ES @ 1045.25
[14:32] <@wrbtrader> Exited ES Long @ 1044.50 --> - 0.25
[14:32] <@wrbtrader> Reverse and Enter Short ES @ 1044.50
[14:32] <@wrbtrader> 4 only
[14:34] <+Nesi> kinda trying to bounce
[14:34] <+Nesi> Exited ES Long @ 1044.25 --> - 1
[14:34] <+Nesi> Reverse and Enter Short ES @ 1044.25
[14:35] <@wrbtrader> Covered all ES Short @ 1044.00 --> + 0.5
[14:35] <+AndyES> Exited all ES Long @ 1043.75 --> - 0.75
[14:37] <+Nesi> Shorts ES @ 1043.50 -> Add
[14:39] <@wrbtrader> Shorts ES @ 1043.25 -> large size
[14:39] <@wrbtrader> 9 only
[14:39] <@wrbtrader> Gold just went below it's support level and Oil just put in a bearish signal
[14:40] <@wrbtrader> intuition trade
[14:40] <@wrbtrader> Covered all ES Short @ 1043.50 --> - 0.25
[14:41] <@wrbtrader> I'm not willing to take a big hit here on anything as Emini ES tries to find it's own levels.
[14:42] <@wrbtrader> Long ES @ 1044.50 -> large size
[14:42] <@wrbtrader> volatility increasing fast
[14:42] <@wrbtrader> 9 only
[14:43] <+AndyES> Long ES @ 1043.25
[14:43] <+AndyES> Exited 1/2 ES Long @ 1044.75 --> + 1.5
[14:43] <+codehead> 1042.50 is top of gap, 1036.50 is fill
[14:43] <+AndyES> sorry, late entry but was preoccupied with the trade
[14:44] <@wrbtrader> Exited all ES Long @ 1044.50 --> 0
[14:45] <@wrbtrader> A lot of probing going on around the 1044 level
[14:47] <+AndyES> Exited Remainder ES Long @ 1043.25 --> 0
[14:50] <@wrbtrader> Long ES @ 1045.25 -> large size
[14:50] <@wrbtrader> 9 only
[14:52] <@wrbtrader> Exited all ES Long @ 1045.50 --> + 0.25
[14:52] <@wrbtrader> not worth holding on to that one...saw that it didn't have support from other key markets
[14:53] <@wrbtrader> Gold Index still probing it's own zone via WRB Analysis
[14:53] <@wrbtrader> Until it breaks above or below it...I expect this small choppy range around the 1044 for the Emini ES to continue.
[14:57] <+Nesi> Covered ES Short @ 1045.50 --> - 1.25
[14:57] <+Nesi> Reverse and Enter Long ES @ 1045.50
[15:00] <+Nesi> Exited ES Long @ 1043.50 --> - 2
[15:00] <+Nesi> Reverse and Enter Short ES @ 1043.50
[15:01] <@wrbtrader> Long ES @ 1043.75 -> large size
[15:01] <@wrbtrader> 6 only
[15:02] <@wrbtrader> Exited all ES Long @ 1044.50 --> + 0.75
[15:05] <@wrbtrader> By the way...Norway is the first in Europe to raise it's interest rate @
http://www.bloomberg.com/apps/news?pid= ... 3.vYQ3ZEiw [15:11] <@wrbtrader> weak support zone trying to develop for Emini ES
[15:11] <tomosyn57> Long SSO @ 33.73
[15:12] <+tomosyn57> Exited 1/2 SSO Long @ 33.78 --> + 0.05
[15:13] <+tomosyn57> Exited Remainder SSO Long @ 33.72 --> - 0.01
[15:13] <@wrbtrader> Lets see it it holds
[15:14] <+Nesi> Shorts ES @ 1042.50 -> Add
[15:14] <@wrbtrader> Shorts ES @ 1043.00 -> large size
[15:14] <@wrbtrader> doesn't hold
[15:14] <@wrbtrader> 6 only
[15:15] <@wrbtrader> resistance zone now 1044.00 - 1043.25
[15:16] <@wrbtrader> Covered all ES Short @ 1042.00 --> + 1
[15:18] <@wrbtrader> Although I'm not making big coin in that prior area...it was the best trading I've done in weeks.
[15:19] <@wrbtrader> Long ES @ 1043.25 -> small size
[15:19] <@wrbtrader> 3 only
[15:19] <@wrbtrader> Lets see it it gets 1044 again
[15:20] <@wrbtrader> ooops...just did
[15:20] <+jbuch> Exited all ES Long @ 1044.5 --> - 5.5
[15:21] <@wrbtrader> Exited all ES Long @ 1043.50 --> + 0.25
[15:21] <@wrbtrader> chop
[15:26] <+rickf> been flat all afternoon ... didn't miss much
[15:27] <+AndyES> Long ES @ 1042
[15:32] <@wrbtrader> It's been a "creeper trend day" (down)...tough to see it as it develops
[15:32] <+TraderG> here r some interesting stats 4 u guys. Only ~25% of the days does price close in the direction of the opening gap.
[15:33] <@wrbtrader> Shorts ES @ 1042.00 -> medium size
[15:33] <@wrbtrader> 4 only
[15:35] <+AndyES> cya all
[15:35] <@wrbtrader> Covered all ES Short @ 1040.75 --> + 1.25
[15:35] <@wrbtrader> I think it won't get better than this.
[15:36] <@wrbtrader> Will call it quits here.
[15:36] <@wrbtrader> This afternoon is probably the best trading I've done in the afternoon trading session where I felt I had a strong understanding of the price action...
[15:36] <@wrbtrader> Want to leave while I'm ahead
[15:37] <@wrbtrader> Usually I get lost a little in the low volatility tight trading ranges adn this afternoon I didn't.
[15:38] <@wrbtrader> Gold and Oil still breaking down after they lost that support area that had been in a tight trading range within
[15:39] <+Nesi> I will hold a bit longer
[15:40] <@wrbtrader> Nesi...this has a lot of room to go lower if Gold and Oil continues downwards because those markets not trying to find support right now at this moment.
[15:40] <+Nesi> thanks wrbtrader
[15:41] <+Nesi> still very early
[15:51] <@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.
[15:53] <+rickf> rolllll
[15:54] <+rickf> ahhh this feels like a summer afternoon from 2008
[16:04] <+Nesi> Covered all ES Short @ 1039.25 --> + 7.5
[16:04] <+rickf> wtg
[16:05] <+rickf> i got distracted and missed a short entry at 1317 ... would have held untl the close, too
[16:05] <+rickf> ah well tomorrowis another day
[16:07] <+codehead> creeper day trend--yeah, pretty obvious on the 15 min tho
[16:07] <+codehead> i think i pointed out earlier int eh day
[16:07] <+codehead> ended up being all down in two segments
[16:07] <+codehead> after it bounce that that cluster i mentioned
[16:07] <+codehead> then resumed
[16:08] <+codehead> gap close 1036.50
[16:15] <+rickf> okies done for day ... flipping over to TOS chat now. Seeya tomorrow
[16:15] * rickf is now known as rickf_away
[17:57] <@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.
[20:00] <@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: Wed Oct 28 21:28:10 2009
-------------------------
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