#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: Tue Nov 03 09:31:14 2009
Session Ident: #futurestrades
[09:31] * Now talking in #futurestrades
[09:31] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:31] <pat255>
N
[09:33] <Nesi> Shorts ES @ 1032.75
[09:33] <+Nesi> 3
[09:34] <@wrbtrader> Shorts ES @ 1031.25 -> large size
[09:34] <@wrbtrader> 9 only
[09:34] <+Nesi> exit stop set ES @ 1032.50
[09:34] <+Nesi> Covered all ES Short @ 1032.50 --> + 0.25
[09:34] <@wrbtrader> Covered all ES Short @ 1032.00 --> - 0.75
[09:35] <@wrbtrader> Long ES @ 1033.50 -> large size
[09:35] <@wrbtrader> 9 only
[09:36] <@wrbtrader> Exited all ES Long @ 1033.00 --> - 0.5
[09:38] <@wrbtrader> choppy
[09:38] <Tigerman> yep
[09:38] <+Nesi> Shorts ES @ 1032.50
[09:38] <+Nesi> 3
[09:40] <@wrbtrader> Long ES @ 1034.25 -> large size
[09:40] <@wrbtrader> 9 only
[09:41] <@wrbtrader> Exited all ES Long @ 1034.50 --> + 0.25
[09:41] <@wrbtrader> geesh...tough to stay in there
[09:41] <drt> s es 34.50
[09:41] <+pat255> y
[09:41] <@wrbtrader> Long ES @ 1034.75 -> large size
[09:41] <@wrbtrader> 9 only
[09:43] <+Nesi> Shorts ES @ 1035.50 -> Add
[09:43] <+Nesi> 1
[09:44] <@wrbtrader> Exited all ES Long @ 1035.50 --> + 0.75
[09:45] <+drt> cs 35.50
[09:49] <@wrbtrader> Shorts ES @ 1034.00 -> large size
[09:50] <@wrbtrader> 6 only
[09:50] <+Nesi> wonder if numbers leaking
[09:51] <@wrbtrader> Covered all ES Short @ 1034.00 --> 0
[09:54] <@wrbtrader> Shorts ES @ 1036.50 -> medium size
[09:54] <@wrbtrader> 4 only
[09:54] <TraderG> news @ 10
[09:55] <@wrbtrader> Covered all ES Short @ 1036.50 --> 0
[09:57] <@wrbtrader> I got a short signal but Oil and Gold not helping just yet...
[09:58] <@wrbtrader> Shorts ES @ 1037.50 -> medium size
[09:58] <@wrbtrader> 4 only
[09:58] <@wrbtrader> They're still not helping...will dump this if they don't show up.
[09:59] <+TraderG> they r busy:)
[09:59] <@wrbtrader> Covered all ES Short @ 1037.75 --> - 0.25
[10:00] <@wrbtrader> Long ES @ 1038.00 -> large size
[10:00] <@wrbtrader> 6 only
[10:00] <+TraderG> news worse than expected
[10:00] <@wrbtrader> Exited all ES Long @ 1036.00 --> - 2
[10:00] <@wrbtrader> punks
[10:01] <@wrbtrader> now they show up
[10:01] <+Nesi> DJ *Sep Durable Goods Revised To +1.4% From +1.0%
[10:01] <+pat255> geez look at that drop ...
[10:01] <@wrbtrader> when they come to play...too late to follow...most likely a retracement will show up soon
[10:02] <@wrbtrader> Long ES @ 1036.25 -> large size
[10:02] <@wrbtrader> 6 only
[10:03] <jbuch> Long ES @ 1036.75
[10:03] <@wrbtrader> Exited all ES Long @ 1039.00 --> + 2.75
[10:03] <@wrbtrader> psychotic price action...geeesh.
[10:04] <+jbuch> Exited all ES Long @ 1039.75 --> + 3
[10:05] <+pat255> vn guys looking S ..dont look like
[10:06] <+Nesi> set hard disaster stop at 1042
[10:10] <@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.
[10:12] <@wrbtrader> Shorts ES @ 1037.50 -> medium size
[10:12] <@wrbtrader> 4 only
[10:12] <+Nesi> wowze
[10:14] <@wrbtrader> I'm going to take a rest after this trade...trading this is like playing one of those crazy pin ball machines that has 3 - 5 balls in play at the exact same time.
[10:14] <+jbuch> Shorts ES @ 1036.25
[10:15] <+Nesi> well put..wrbtrader
[10:15] <@wrbtrader> Covered all ES Short @ 1037.00 --> + 0.5
[10:15] <+jbuch> Covered all ES Short @ 1037.25 --> - 1
[10:16] <+Nesi> wonder if my quotes are wrong or this is the way it is trading
[10:16] <+Nesi> jumping a lot
[10:16] <@wrbtrader> be back later...going to make some homestyle pancakes from scratch.
[10:16] * wrbtrader is now known as wrbtrader_away
[10:17] <+jbuch> Shorts ES @ 1036.75
[10:20] <+Nesi> geeezzz
[10:20] <+jbuch> Covered all ES Short @ 1036.5 --> + 0.25
[10:20] <+jbuch> heart breaker
[10:20] <+Nesi> crazy moves jb
[10:21] <+jbuch> yeah
[10:21] <+Nesi> if this is the best SPX can do with the buffet news..
[10:22] <+Nesi> every time sp trying to get up.. it gets like a hammer
[10:22] <+jbuch> i didn't hear about that
[10:22] <+Nesi> it was all over the news...jb
[10:23] <+Nesi> so far. ... 1035 holds
[10:24] <+jbuch> he bought burlington northern
[10:24] <+Nesi> y
[10:26] <+jbuch> I like it as quiet as a monks retreat in here so no news
)
[10:26] <+Nesi> you have small quiet office in your house?
[10:26] <+jbuch> Shorts ES @ 1035.75
[10:28] <+Nesi> darn crazy moves
[10:28] <+Nesi> nervous market
[10:28] <+Nesi> maybe maybe we are chaning the trend
[10:28] <+Nesi> to downtrend
[10:29] <+Nesi> any opinions anyone
[10:30] <+jbuch> Covered all ES Short @ 1034.5 --> + 1.25
[10:30] <+Nesi> nice one jb
[10:31] <+jbuch> Thanks Nesi
[10:32] <werner>
all
[10:32] <+Nesi> hello werner
[10:32] <+jbuch> I think we r in a downtrend Nesi
[10:32] <+Nesi> you mean intraday?
[10:32] <pdays> Shorts ES @ 1035.25
[10:33] <+Nesi> if if drills 1035 then maybe today we get 1015 1020 area
[10:33] <+Nesi> i have been looking for this area last few days
[10:33] <+jbuch> I am not sure intraday
[10:33] <+werner> hi nesi
[10:34] <+jbuch> could just be a retracement and perhaps we r in a consolidation zone
[10:36] <+pdays> Covered all ES Short @ 1036.25 --> - 1
[10:41] <+jbuch> toughday
[10:41] <+jbuch> so far
[10:49] <+Nesi> Covered all ES Short @ 1038.50 --> - 9
[10:53] <+Tigerman> Shorts ES @ 1039.5 «« paper »»
[10:53] <+Tigerman> Covered 1/3 ES Short @ 1038.5 --> + 1 «« paper »»
[10:54] <+Nesi> good one
[10:55] <+Tigerman> Covered 1/3 ES Short @ 1038.25 --> + 1.25 «« paper »»
[10:55] <+Tigerman> 1 remainer
[10:55] <+Nesi> Shorts ES @ 1037.00
[10:56] <+Nesi> 2
[10:56] <+Tigerman> Covered Remainder ES Short @ 1037.25 --> + 2.25 «« paper »»
[10:57] <+werner> Long NQ @ 1663.00
[10:57] <+Tigerman> choppy today better stick only on strong res supp.
[10:58] <+werner> Exited all NQ Long @ 1664.50 --> + 1.5
[10:58] <+Tigerman> nice
[10:59] <+werner> thx
[10:59] <+Tigerman>
[11:01] <+Tigerman> some thing to fix see ya all next time bye
[11:01] <+werner> cya
[11:01] <+Tigerman> bye
[11:04] <+werner> Long NQ @ 1666.00
[11:05] <+werner> Exited all NQ Long @ 1667.75 --> + 1.75
[11:07] <+Nesi> Shorts ES @ 1036.50 -> Add
[11:08] <rickf> slow morning eh?
[11:08] <+Nesi> narrow
[11:09] <+rickf> pre-fed calm today perhaps?
[11:10] <+pat255> fed tomorrow?
[11:10] <+rickf> yup
[11:10] <+rickf> doubt they do anything though
[11:10] <+pat255> ty
[11:10] <+rickf>
http://fidweek.econoday.com/byweek.asp[11:11] <+Nesi> again...ES trying to drill 1035
[11:11] <+Nesi> strong feel 1020 area today or tomorrow...imho
[11:19] <JimL14> if you think this is slow day, you'd better go back replay the simulation, it was nothing like what the candles look like in static picture, it was as fast an FOMC announcement with less amplitude in the cycles
[11:30] <+werner> Shorts NQ @ 1662.50
[11:33] <+werner> Covered all NQ Short @ 1662.00 --> + 0.5
[11:37] <+werner> grr
[11:44] <+werner> Shorts NQ @ 1661.00
[11:45] <jbuch> Shorts ES @ 1032.5
[11:45] <+werner> Covered all NQ Short @ 1659.50 --> + 1.5
[11:46] <+jbuch> Covered all ES Short @ 1032.25 --> + 0.25
[11:50] <+werner> Shorts NQ @ 1662.25
[11:51] <+werner> Covered all NQ Short @ 1660.75 --> + 1.5
[11:52] <+pat255> vn
[11:53] <+werner> thx
[11:53] <+jbuch> nice werner
[11:53] <+werner>
[12:01] <+werner> Long NQ @ 1664.50
[12:01] <+JimL14> this bounce is sponsered by your global oil speculators that are running toward $80
again
[12:05] <+werner> Exited all NQ Long @ 1663.75 --> - 0.75
[12:13] <@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.
[12:15] <+werner> Long NQ @ 1663.00
[12:17] <+jbuch> Long ES @ 1034.25
[12:19] <+werner> Exited all NQ Long @ 1661.00 --> - 2
[12:19] <+jbuch> Long ES @ 1032.25 -> Add
[12:20] <+jbuch> Exited all ES Long @ 1032.75 --> - 1
[12:20] <+jbuch> oops that add was at 1033.25
[12:21] <+werner>
[12:32] <jbuch1> Exited all ES Long @ 1036.75 --> + 2
[12:33] * +jbuch1 slaps jbuch1 around a bit with a large trout
[12:33] <+jbuch1> lol
[12:37] <+jbuch1> shoot there was my originaltarget
[12:38] * +jbuch1 slaps jbuch around a bit with a large trout
[12:38] <+jbuch1> no I reallydeserve that
[12:40] <werner1> back...has too reset password
[12:41] <+werner1> Exited all NQ Long @ 1670.00 --> + 5.75
[12:41] <+jbuch1> BEAUTY WERNER
[12:41] <+werner1> tx
[12:42] <+jbuch1> you are holding really well lately
[12:42] <+werner1> yes i see i littel more
[12:43] <+jbuch1> awesome man
[12:43] <+werner1> afther many years ...pfff
[12:43] <+jbuch1> I think it is the key
[12:43] <+werner1> yes... but so difficult to hold here
[12:47] <+werner1> diner here ..
[12:47] <+jbuch1> Long ES @ 1038.25
[12:50] <+Nesi> Shorts ES @ 1038.50 -> Add
[12:50] <+Nesi> 2
[12:54] <+jbuch1> Exited all ES Long @ 1038.5 --> + 0.25
[12:55] <+jbuch1> Long ES @ 1038
[12:57] <+rickf> wtg werner
[13:07] <+jbuch1> Exited all ES Long @ 1039 --> + 1
[13:10] <+jbuch1> Long ES @ 1038.5
[13:12] <+jbuch1> phew chop fest
[13:15] <+jbuch1> Exited all ES Long @ 1038 --> - 0.5
[13:19] <+jbuch1> Long ES @ 1037.75
[13:23] <+werner1> back
[13:23] <+jbuch1> Exited all ES Long @ 1037.75 --> 0
[13:29] <+jbuch1> Long ES @ 1037.75
[13:31] <+jbuch1> Exited all ES Long @ 1038 --> + 0.25
[13:31] <+jbuch1> phew complete randomness
[13:34] <+jbuch1> Long ES @ 1038.25
[13:35] <AndyES> the argument seems to be about 38.5
[13:35] <+jbuch1> lol
[13:36] <+jbuch1> I wish everyone could just get along and come to an agreement
[13:36] <+AndyES> yes...can't we just all get along?
[13:40] <+jbuch1> Exited all ES Long @ 1038.5 --> + 0.25
[13:41] <+jbuch1> my neck is KILLING ME.
[13:42] <+jbuch1> Long ES @ 1038.5
[13:42] <+AndyES> cleansing breaths
[13:44] <+jbuch1>
[13:47] <+jbuch1> Long ES @ 1037.25 -> Add
[13:49] <+werner1> Long NQ @ 1669.00
[13:50] <codehead> a bit of a bull flag on NQ
[13:51] <+codehead> the pb low holding up--i was tryign to get in near .500
[13:51] <+codehead> wouldn't give it to me, got close
[13:51] <+codehead> ES bounced at .500 twice
[13:52] <+werner1> Exited all NQ Long @ 1671.00 --> + 2
[13:52] <+jbuch1> come on baby
[13:52] <+werner1> yes it can imo
[13:53] <+jbuch1> Exited 1/2 ES Long @ 1039 --> + 1.75
[13:53] <+AndyES> nice
[13:54] <+werner1> vn jbuch
[13:57] <+jbuch1> I don't know how many times I have taken a long or a short in a sideways action area on to get shaken out by 1 last nasty reversal at the end will try and hang on to this
[13:57] <+werner1>
[13:59] <+jbuch1> Exited all ES Long @ 1039.5 --> + 1
[14:00] <+jbuch1> phewwwwwww
[14:01] <+jbuch1> thereis my target
[14:01] <+Nesi> nice jb
[14:02] <+Nesi> it better beakout soon
[14:02] <+Nesi> or else
[14:04] <+jbuch1> and there is my second target
[14:04] <+AndyES> Shorts ES @ 1041.5
[14:05] <+AndyES> Covered all ES Short @ 1042.25 --> - 0.75
[14:09] <+jbuch1> Long ES @ 1041.75
[14:12] <+jbuch1> Exited all ES Long @ 1042.5 --> + 0.75
[14:19] <@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.
[14:31] <+werner1> Long NQ @ 1674.50
[14:34] <+werner1> Exited all NQ Long @ 1672.50 --> - 2
[14:47] <+AndyES> Long ES @ 1038.5
[14:47] <+AndyES> late entry....speaker fell off desk....didn't even hear it
[14:48] <+AndyES> Exited 2/3 ES Long @ 1039.75 --> + 1.25
[14:55] <+AndyES> Exited Remainder ES Long @ 1038 --> - 0.5
[15:11] <+werner1> Long NQ @ 1670.25
[15:11] <+codehead> vegas countertrend signal on 3 min ES
[15:11] <+codehead> (for up)
[15:12] <+codehead> NQ about to tirgger one also, even better lookgin one
[15:12] <+codehead> rats, i was long near bottom of that pb... didn't hold long enough
[15:12] <+codehead> signal wasn't there yet
[15:12] <+werner1> Exited all NQ Long @ 1672.00 --> + 1.75
[15:23] <+AndyES> anyone have any insight into this price action?
[15:23] <+AndyES> traders falling asleep at their desks?
[15:25] <+Nesi> Nov. 3 (Bloomberg) -- More Americans filed bankruptcy in October than in any month since changes to U.S. bankruptcy laws in 2005 as unemployment and falling home prices prevented consumers from paying their debts.
[15:27] <+jbuch1> Long ES @ 1038.25
[15:30] <+jbuch1> Exited all ES Long @ 1039 --> + 0.75
[15:30] <+jbuch1> shoot
[15:30] <pat12> vn jb ...
[15:30] <+pat12> was thinking all energy spent in the mkt but it comes back
[15:30] <+AndyES> vn, especially staying focused during that long sideways run
[15:33] <+jbuch1> thanks protecting profits though managed the break out poorly.
[15:35] <+jbuch1> did 3 by accident and freaked out
[15:36] <+jbuch1> that could have been 500 bucks if I hadn't spazzed out
[15:37] <+Nesi> you did pretty well today .. jb
[15:38] <+pat12> nesi did u ever work with vad?
[15:38] <+jbuch1> yeah I did good tough day to so I amhappy
[15:39] <+Nesi> yes pat
[15:39] <+Nesi> i did for few years
[15:39] <+pat12> moy anymore?
[15:39] <+pat12> sorry not
[15:39] <+Nesi> i left like two years ago
[15:39] <+Nesi> how do you know me
[15:40] <+pat12> just someone mentioned who used to be with RT
[15:40] <+Nesi> oh...i see .. you are montja?
[15:40] <+Nesi> i remember that nickname
[15:40] <+Nesi> hi
[15:41] <+pat12> no no
[15:41] <+pat12> i knew chris from RM
[15:42] <+Nesi> oh..
[15:42] <+Nesi> welcome to this room..
[15:42] <+pat12> ty
[15:57] <+jbuch1> Long ES @ 1040.5
[16:00] <+jbuch1> Exited all ES Long @ 1041.5 --> + 1
[16:00] <+AndyES> nice, jb cya all
[16:01] <+werner1> goody
[16:01] <+jbuch1> cya all
[16:01] <+werner1> cay
[16:01] <+werner1> cya
[16:01] <+werner1> gn all
[16:22] <@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.
[16:26] * codehead is now known as codehead_afk
Session Close: Tue Nov 03 23:17:22 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
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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)
