#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)
------------------------
Session Start: Mon Nov 02 09:23:36 2009
Session Ident: #futurestrades
[09:23] * Now talking in #futurestrades
[09:23] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:24] <rickf>
all
[09:24] <jbuch> morning everyone
[09:25] <Nesi> hi guys
[09:26] <Forex2stay> morning
[09:26] <TraderG> hi ha
[09:29] <drt> good morning
[09:29] <+rickf> oh nifty ...broker giving ES pit squawk for free now
[09:29] <codehead> what broker?
[09:29] <+Nesi> good trading all
[09:30] <+rickf> TOS
[09:30] <+codehead> ic
[09:30] <+rickf> not a big fan of it on all the time but kind of nifty now and then
[09:31] <+jbuch> Long ES @ 1038
[09:32] <+Nesi> nice
[09:33] <+jbuch> Exited all ES Long @ 1039.75 --> + 1.75
[09:33] <+rickf> short es 1040
[09:35] <+rickf> exit es 1039 +1
[09:37] <+rickf>
[09:37] <+TraderG> lot's of news @ 10
[09:37] <+Nesi> yeah
[09:37] <+drt> l es 38
[09:37] <+Nesi> waiting here
[09:40] <@wrbtrader> Long ES @ 1038.25 -> large size
[09:40] <@wrbtrader> 9 only
[09:40] <+drt> cl es 38.50
[09:41] <@wrbtrader> Exited all ES Long @ 1037.25 --> - 1
[09:42] <@wrbtrader> Still bullish
[09:42] <@wrbtrader> Long ES @ 1037.25 -> large size
[09:42] <@wrbtrader> 9 only
[09:42] <+jbuch> Long ES @ 1037.25
[09:44] <+jbuch> Exited all ES Long @ 1037.5 --> + 0.25
[09:44] <@wrbtrader> Exited all ES Long @ 1037.25 --> 0
[09:44] <@wrbtrader> back to neutral
[09:46] <@wrbtrader> Shorts ES @ 1036.25 -> large size
[09:46] <@wrbtrader> 9 only
[09:47] <@wrbtrader> 1033.50 is my target because a support area is near that price area
[09:50] <@wrbtrader> Mondays with big economic reports are usually a volatile trading day...someone in here last year said about 63% of the time or something like that.
[09:51] <+Nesi> Long ES @ 1035.00
[09:51] <+Nesi> 3
[09:51] <@wrbtrader> Covered all ES Short @ 1034.75 --> + 1.5
[09:52] <@wrbtrader> Long ES @ 1036.25 -> small size
[09:52] <@wrbtrader> 2 only
[09:53] <+Nesi> Exited all ES Long @ 1036.00 --> + 1
[09:53] <@wrbtrader> Exited all ES Long @ 1037.50 --> + 1.25
[09:54] <@wrbtrader> Somebody is cheating again...getting those economic report numbers early
[09:54] <@wrbtrader>
[09:56] <+rickf> nice short setup but not with news coming out
[09:56] <+rickf> er released publicly, that is
[09:57] <+codehead> short ES 1040.00 <paper>
[09:57] <+codehead> 2 pt stop
[09:57] <+codehead> 1.25 stop
[09:58] <+codehead> .25 stop now
[09:58] <+jbuch> Long ES @ 1039.5
[09:58] <+codehead> exit ES -.25 <paper>
[09:59] <+codehead> short ES 1039.75 <paper> 1 pt stop
[10:00] <@wrbtrader> wow
[10:00] <+Nesi> gooo jb
[10:00] <+codehead> well, i was typing exit half +1, but stop hit -1 before i could finish
[10:00] <@wrbtrader> Long ES @ 1043.75 -> large size
[10:00] <+codehead> <paper>
[10:00] <@wrbtrader> 9 only
[10:00] <+rickf> good numbers
[10:01] <@wrbtrader> Exited all ES Long @ 1043.75 --> 0
[10:01] <+rickf> short es 1043.50
[10:01] <+Nesi> 10:01ET DJ *US ISM: October Index Highest Since April 2006
[10:01] <werner>
all
[10:01] <+Nesi> 1ET BREAKING: U.S. Oct. ISM factory index 55.7% vs. 52.6% Sept. [MKW]
[10:01] <+jbuch> Exited all ES Long @ 1038.75 --> - 0.75
[10:02] <@wrbtrader> esited due to data problems...charts stalled for a minute
[10:02] <+Nesi> 10:02ET DJ *US ISM: Factories In 'Sustainable Recovery Mode'
[10:02] <+jbuch> Long ES @ 1041.5
[10:02] <+jbuch> Exited all ES Long @ 1043.75 --> + 2.25
[10:02] <@wrbtrader> Long ES @ 1044.00 -> large size
[10:03] <@wrbtrader> 9 only
[10:03] <+rickf> exit 1044.50 -1
[10:04] <+Nesi> U.S. Oct. ISM factory index 55.7% vs. 52.6% Sept. [MKW]
[10:06] <@wrbtrader> Exited all ES Long @ 1047.25 --> + 3.25
[10:08] <+Nesi> above goal for the day...wrbtrader..
[10:08] <+Nesi> nice job
[10:08] <+rickf> vn
[10:09] <+rickf> long es 1045
[10:10] <@wrbtrader> Lucky exit because my data had stopped again and I took a chance and exited at 1047.25 because I had no charts...just broker quotes.
[10:13] <@wrbtrader> Shorts ES @ 1044.25 -> small size
[10:13] <@wrbtrader> 2 only
[10:14] <@wrbtrader> Covered all ES Short @ 1043.75 --> + 0.5
[10:15] <+rickf> out 1045 b/e
[10:15] <+rickf> late
[10:18] <@wrbtrader> Long ES @ 1046.75 -> small size
[10:18] <@wrbtrader> 3 only
[10:20] <@wrbtrader> Exited all ES Long @ 1047.50 --> + 0.75
[10:20] <+jbuch> wow p home sales up hugeending
[10:21] <+werner> Shorts NQ @ 1678.50
[10:22] <+werner> Covered all NQ Short @ 1676.00 --> + 2.5
[10:22] <+werner> djeez ...fast
[10:22] <+werner> cant type that fast
[10:22] <@wrbtrader> I think home buyers are trying to beat the "expecting" higher interest rates
[10:23] <+Nesi> we have interest rates after tomorrow
[10:23] <@wrbtrader> It's just a rumor but strong enough to convince many to buy now
[10:23] <+Nesi> you mean to buy houses?
[10:24] <@wrbtrader> yes
[10:24] <@wrbtrader> I have two friends that were considering purchasing a house next year but decided to do it now because they "believe" the rates will be higher next year.
[10:26] <@wrbtrader> Long ES @ 1046.75 -> small size
[10:26] <@wrbtrader> 3 only
[10:28] <@wrbtrader> Exited all ES Long @ 1048.75 --> + 2
[10:31] <+Nesi> Long ES @ 1048.00
[10:31] <+Nesi> chasing
[10:31] <+Nesi> 1
[10:34] <+Nesi> Exited all ES Long @ 1046.75 --> - 1.25
[10:35] <+Nesi> Long ES @ 1047.50
[10:35] <+Nesi> 1
[10:35] <+werner> Shorts NQ @ 1683.00
[10:36] <+werner> Covered all NQ Short @ 1681.00 --> + 2
[10:36] <+Nesi> Long ES @ 1047.00 -> Add
[10:37] <+Nesi> 2c total
[10:40] <+Nesi> Exited all ES Long @ 1049.00 --> + 3.5
[10:41] <@wrbtrader> It seems like when Oil and Gold aren't making new highs...retail traders get bored with it or they don't have much to say @
http://www.stocktwits.com/t/CL_F and
http://www.stocktwits.com/t/GC_F [10:44] <+rickf>
[10:45] <@wrbtrader> Shorts ES @ 1046.00 -> small size
[10:45] <@wrbtrader> 1 only
[10:46] <@wrbtrader> Covered ES Short @ 1044.00 --> + 2
[10:47] <+Nesi> Long ES @ 1044.25
[10:47] <+Nesi> 1
[10:47] <@wrbtrader> I'm way above my profit goal for the day...will take a long break from trading...be back later around 2pm est.
[10:47] * wrbtrader is now known as wrbtrader_away
[10:48] <+Nesi> Exited all ES Long @ 1044.75 --> + 0.5
[10:49] <+Nesi> good job again wrbtrader
[10:49] <+Nesi> i am at tgt also
[10:49] <+Nesi> 250 bucks
[10:49] <+Nesi> net
[11:12] <@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.
[11:15] <+jbuch> beauty Nesi
[11:15] <+jbuch> chopy day to
[11:19] <+jbuch> Long ES @ 1044.5
[11:25] <+jbuch> Exited all ES Long @ 1046.5 --> + 2
[11:34] <+jbuch> obama done
[11:43] <+Nesi> i wonder if this works for futures
[11:43] <+Nesi>
http://www.myfxbook.com[12:28] <+Nesi> Long ES @ 1041.00
[12:28] <+Nesi> 1
[12:29] <+Nesi> Exited all ES Long @ 1039.50 --> - 1.5
[12:30] <+Nesi> Long ES @ 1040.25
[12:32] <+Nesi> Exited all ES Long @ 1038.50 --> - 1.75
[12:34] <+Nesi> Long ES @ 1037.50
[12:34] <+Nesi> 2
[12:43] <+Nesi> Exited all ES Long @ 1036.50 --> - 1
[12:43] <+Nesi> late post
[12:45] <+Nesi> Shorts ES @ 1035.00
[12:45] <+Nesi> 1
[12:46] <+Nesi> Covered all ES Short @ 1035.00 --> 0
[12:48] <+Nesi> Shorts ES @ 1035.50
[12:48] <+Nesi> 1
[12:49] <+Nesi> Shorts ES @ 1035.00 -> Add
[12:49] <+Nesi> 2 total
[12:50] <+Nesi> all of a sudden market feels sick
[12:51] <+Nesi> market may go red
[12:51] <+Nesi> dow may go red i mean
[12:52] <+Nesi> kinda panicke
[12:53] <+Nesi> Covered all ES Short @ 1029.00 --> + 12.5
[12:54] <+Nesi> woww
[12:57] <+TraderG> nice
[12:57] <+jbuch> beauty
[13:00] <+Nesi> amazing day so far
[13:01] <+Nesi> Shorts ES @ 1028.75
[13:01] <+Nesi> 1
[13:02] <+Nesi> Covered all ES Short @ 1030.25 --> - 1.5
[13:02] <+Nesi> Shorts ES @ 1029.50
[13:02] <+Nesi> 1
[13:02] <+rickf> back
[13:05] <+rickf> short es 1031.50
[13:06] <+Nesi> IF IF we go under 1030 again...then we may go 1015 1020 imho
[13:09] <+rickf> out 31.50 b/e
[13:09] <+Nesi> Covered all ES Short @ 1032.00 --> - 2.5
[13:11] <+Nesi> Shorts ES @ 1032.25
[13:11] <+Nesi> 1
[13:13] <+rickf> short es 1032.75
[13:14] <+Nesi> Shorts ES @ 1031.75 -> Add
[13:15] <+Nesi> 2 total
[13:15] <+Nesi> market so weak
[13:15] <+Nesi> very strange
[13:15] <+Nesi> IF IF we go under 1030 again...then we may go 1015 1020 imho
[13:16] <+rickf> exit 1/2 1030.75 +2
[13:16] <+Nesi>
[13:16] <+rickf> aobut itme
[13:18] <+rickf> exit remainder es 1031.75 +1
[13:18] <+Nesi> very nice rick
[13:18] <+rickf> ty ... i needed that after rough start this morning
[13:18] <@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.
[13:32] <+rickf> grr i had a short at 1034 queued up but forget to confirm. d'oh
[13:35] <+Nesi> 1020 zone before close...today
[13:40] <+rickf> short es 1031.25
[13:43] <+Nesi> we are under 1030
[13:44] <+rickf> exit es 1031 +.25
[13:44] * +rickf stopped
[13:44] <+jbuch> Long ES @ 1030.25
[13:47] <+Nesi> Shorts ES @ 1030.00 -> Add
[13:47] <+Nesi> 3 total now
[13:47] <+Nesi> no more
[13:47] <+rickf> clear drop down if it comes i think
[13:47] <+rickf> got shook out but still looking bearish to me
[13:48] <+jbuch> Exited 1/2 ES Long @ 1031.5 --> + 1.25
[13:50] <+Nesi> come on
[13:51] <+jbuch> Exited all ES Long @ 1030 --> - 0.25
[13:51] <+Nesi> dollar making new highs
[13:52] <+Nesi> YM about to go red
[14:13] <+Nesi> Covered all ES Short @ 1030.00 --> + 2.25
[14:14] * wrbtrader_away is now known as wrbtrader
[14:16] <+Nesi> Shorts ES @ 1030.25
[14:16] <+Nesi> 1
[14:18] <+rickf> vn
[14:19] <@wrbtrader> $6E_F and $EURUSD - Big roller coaster ride today for the CME EuroFX 6E and Forex Currency EurUsd.
[14:21] <+Nesi> Covered ES Short @ 1031.00 --> - 0.75
[14:21] <+Nesi> Reverse and Enter Long ES @ 1031.00
[14:21] <+Nesi> 1
[14:24] <+Nesi> Exited all ES Long @ 1033.00 --> + 2
[14:24] <pat255> vn
[14:25] <+Nesi> thx
[14:27] <+Nesi> Shorts ES @ 1032.75
[14:27] <+Nesi> 1
[14:28] <+Nesi> Covered all ES Short @ 1033.50 --> - 0.75
[14:29] <+Nesi> Long ES @ 1034.50
[14:29] <+Nesi> 1
[14:30] <+Nesi> maybe squeeze in the making now
[14:31] <+rickf> got a great short setup but expecting nt bounce
[14:31] <+Nesi> Exited all ES Long @ 1033.75 --> - 0.75
[14:32] <+Nesi> Long ES @ 1035.25
[14:32] <+Nesi> 1
[14:36] <+Nesi> Exited ES Long @ 1035.00 --> - 0.25
[14:36] <+Nesi> Reverse and Enter Short ES @ 1035.00
[14:36] <+Nesi> 2
[14:41] <+Nesi> Covered all ES Short @ 1036.25 --> - 1.25
[14:44] <+Nesi> Shorts ES @ 1036.00
[14:44] <+Nesi> 1
[14:46] <+Nesi> Shorts ES @ 1036.50 -> Add
[14:46] <+Nesi> 2 total
[14:50] <+codehead> short 1035.75 ES <paper>
[14:50] <+codehead> 2 pt stop
[14:50] <+codehead> scalp
[14:51] <+codehead> exit ES -.25 <paper>
[14:51] <+codehead> signal rolling over
[14:53] <+rickf> short es 1036.50
[14:56] <+rickf> exit es 1034.50 +2
[14:56] <+pat255> vn
[14:56] <+rickf> thx at
[14:56] <+rickf> pat
[14:57] <+rickf> must learn patience
[15:04] <+codehead> short NQ 1668.75 <paper> 1671.0 stop
[15:05] <+codehead> low to 1670.25
[15:05] <+codehead> .75
[15:05] <+codehead> could run
[15:06] <+codehead> exit half +2.00 <paper>
[15:06] <+codehead> remainder stop b/e NQ <paper>
[15:07] <@wrbtrader> Shorts ES @ 1034.75 -> small size
[15:08] <@wrbtrader> 1 only
[15:08] <+codehead> exit NQ +5.00 <paper>
[15:08] <@wrbtrader> Shorts ES @ 1034.25 -> Add
[15:08] <@wrbtrader> 2 only
[15:08] <@wrbtrader>
[15:08] <@wrbtrader> got my position size on the initial entry messed up
[15:09] <@wrbtrader> First trade management probelm of the day.
[15:10] <@wrbtrader> Covered all ES Short @ 1034.50 --> 0
[15:10] <@wrbtrader> overall that's a -0.25
[15:11] <@wrbtrader> Lucky it wasn't worse
[15:12] <@wrbtrader> Shorts ES @ 1034.75 -> medium size
[15:12] <@wrbtrader> 4 only
[15:14] <@wrbtrader> Covered all ES Short @ 1035.00 --> - 0.25
[15:14] <@wrbtrader> choppy
[15:15] <@wrbtrader> Shorts ES @ 1033.50 -> medium size
[15:15] <@wrbtrader> 4 only
[15:16] <@wrbtrader> Covered all ES Short @ 1033.75 --> - 0.25
[15:16] <@wrbtrader> geeesh
[15:17] <+rickf> chop city
[15:17] <+rickf> looking for a short breakdown below 1033
[15:17] <+rickf> right now just bouncing around
[15:19] <@wrbtrader> Shorts ES @ 1034.25 -> medium size
[15:19] <@wrbtrader> 4 only
[15:20] <@wrbtrader> Glad I didn't get too
that I would have given up on that initial Short trade managment screw up.
[15:21] <@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.
[15:22] <@wrbtrader> Covered all ES Short @ 1032.50 --> + 1.75
[15:26] <+rickf> short es 1031.50
[15:31] <+rickf> back ... stopped at 1032.50 -1
[15:31] <@wrbtrader> That volatility spike came out of nowhere
[15:31] <+rickf> yes
[15:31] <+rickf> i heard the chirp in the other room and thought WTF?
[15:36] <+rickf> short es 1038
[15:43] <+rickf> exit es 1038 b/e +0
[15:43] <+rickf>
[15:49] <+rickf> short es 1037.50
[15:50] <tomosyn57> Long SSO @ 33.24
[15:51] <+tomosyn57> Exited 1/2 SSO Long @ 33.30 --> + 0.06
[15:52] <+tomosyn57> Exited 1/4 SSO Long @ 33.32 --> + 0.08
[15:53] <+tomosyn57> Exited Remainder SSO Long @ 33.33 --> + 0.09
[15:57] <+Nesi> Covered all ES Short @ 1039.00 --> - 5.5
[15:57] <+Nesi> late post
[16:03] <+rickf> exit es 103850 -1
[16:03] <+rickf> only 1 contract tho
[16:04] <+werner> gn all
[16:04] <@wrbtrader> Take care and see all tomorrow...it was a very careful trading day for me and very profitable...great way to start November.
[16:04] * wrbtrader is now known as wrbtrader_away
[16:06] <+rickf> cya tomorrow folks ... green day here despite the wickets. later
[17:27] <@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.
[19:33] <@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.
Session Close: Mon Nov 02 19:58:52 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 M.A. Perry
Trader and Founder of
WRB Analysis (wide range body analysis)
