#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: Thu Nov 05 09:32:08 2009
Session Ident: #futurestrades
[09:32] * Now talking in #futurestrades
[09:32] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:33] <pat255>
N
[09:34] <werner>
all
[09:35] <Nesi> oil not strong
[09:35] <+Nesi> 1051 magnet again so far
[09:39] <+Nesi> no numbers at 10 am
[09:39] <drt> l es 50
[09:40] <TraderG> actually there are some numbers from England
[09:40] <+TraderG> NEISER GDP estimate
[09:40] <+TraderG> Niesr
[09:41] <+Nesi> yeah... i see them..but i wonder if they can move US
[09:41] <+Nesi> i will pay attention.. thanks
[09:41] <+TraderG> i am suspicious of any news without the content of the news
[09:41] <+Nesi> oil no power
[09:42] <+Nesi> oil moving a lot this morning
[09:42] <+drt> cl es 50.25
[09:43] <+Nesi> big magnet this 1051
[09:45] <+Nesi> feels lower now
[09:50] <+TraderG> nesi, your charts must be upside down
[09:51] <+Nesi> lol
[09:52] <+Nesi> now again at 1056 confusius
[09:56] <+Nesi> ok, back to 1051 please
[09:58] <@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.
[09:58] <+Nesi> rug pull please
[10:01] <+pat255> S cruhsed today
[10:04] <+Nesi> oil not following today
[10:09] <+Nesi> seems there are no buyers here
[10:12] <+Nesi> brutal
[10:13] <+Nesi> oil still no power at all
[10:19] <+Nesi> die you pos
[10:23] <@wrbtrader> Long ES @ 1056.50 -> large size
[10:23] <@wrbtrader> 6 only
[10:25] <+Nesi> with all the market good news.. etc.. this market should have been 1100 already
[10:26] <+Nesi> everything is priced in...imho
[10:27] <jbuch> Long ES @ 1056.5
[10:32] * codehead_afk is now known as codehead
[10:34] <+jbuch> Exited all ES Long @ 1056.75 --> + 0.25
[10:35] <+jbuch> Long ES @ 1057
[10:37] <+werner> Shorts TF @ 575.40
[10:37] <+jbuch> Exited all ES Long @ 1060 --> + 3
[10:37] <+pat255> vvn
[10:37] <@wrbtrader> Exited all ES Long @ 1059.75 --> + 3.25
[10:37] <+pat255> wtg guys
[10:37] <+jbuch>
))
[10:38] <AndyES> vn
[10:38] <+werner> Covered all TF Short @ 575.90 --> - 0.5
[10:40] <+AndyES> Shorts ES @ 1060.75 «« simulator »»
[10:40] <+werner> Shorts TF @ 576.20
[10:47] <+werner> Covered all TF Short @ 576.50 --> - 0.3
[10:47] <+AndyES> Covered all ES Short @ 1061.75 --> - 1 «« simulator »»
[10:47] <+werner> sorry
[10:47] <+werner> Covered all TF Short @ 576.70 --> - 0.5
[10:52] <+werner> Shorts TF @ 576.40
[10:56] <codehead> 1062.50 is .500
[10:59] <+AndyES> Shorts ES @ 1061.5 «« simulator »»
[11:02] <+AndyES> Covered 3/4 ES Short @ 1060.5 --> + 1 «« simulator »»
[11:08] <+AndyES> Covered Remainder ES Short @ 1061 --> + 0.5 «« simulator »»
[11:09] <+AndyES> Long ES @ 1060.75 «« simulator »»
[11:11] <+werner> Covered all TF Short @ 575.40 --> + 1
[11:11] <+pat255> vn
[11:11] <+werner> djeez
[11:11] <+pat255> reluctant to S
[11:12] <+werner> mmm result 0
[11:12] <+pat255> 1 S in the am ..enuf for me took 2 pts loss
[11:13] <+AndyES> Exited 3/4 ES Long @ 1061.75 --> + 1 «« simulator »»
[11:16] <+AndyES> Exited Remainder ES Long @ 1061 --> + 0.25 «« simulator »»
[11:20] <+werner> Long NQ @ 1716.50
[11:25] <+werner> pfffff
[11:27] <+werner> Exited all NQ Long @ 1716.25 --> - 0.25
[11:27] <+werner> on the sideline here
[11:27] <+werner>
[11:30] <+AndyES> Shorts ES @ 1060 «« simulator »»
[11:32] <@wrbtrader> Here's a great site for keeping up to date about "Using Social Network" for personal, business, professional et cetera.
[11:32] <@wrbtrader> @
http://mashable.com/[11:38] <+AndyES> Covered all ES Short @ 1060 --> 0 «« simulator »»
[11:47] <+AndyES> Long ES @ 1058.5 «« simulator »»
[11:48] <+AndyES> Exited all ES Long @ 1057.75 --> - 0.75 «« simulator »»
[11:49] <+werner> Long NQ @ 1713.00
[11:54] <+werner> Exited all NQ Long @ 1712.00 --> - 1
[12:00] <+AndyES> Long ES @ 1056.25 «« simulator »»
[12:01] <@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.
[12:02] <+AndyES> Exited 3/4 ES Long @ 1057.25 --> + 1 «« simulator »»
[12:04] <+AndyES> Exited Remainder ES Long @ 1056.25 --> 0 «« simulator »»
[12:06] <+AndyES> Long ES @ 1056.25 «« simulator »»
[12:06] <+AndyES> geez
[12:07] <+AndyES> Exited 3/4 ES Long @ 1057.25 --> + 1 «« simulator »»
[12:16] <+AndyES> lunch...stop at 55.75
[12:32] <@wrbtrader> Long ES @ 1057.50 -> small size
[12:32] <@wrbtrader> 3 only
[12:32] <@wrbtrader> sneaky price action in that prior 2min interval
[12:33] <@wrbtrader> Exited all ES Long @ 1058.75 --> + 1.25
[12:34] <@wrbtrader> I'm in a great mood today now that the FBI with the SEC are using wiretaps et cetera to catch Insider Traders (e.g. a few of the top hedge funds).
[12:35] <@wrbtrader>
[12:35] <@wrbtrader> Those insider traders are a thorn in the back for us retail traders...they take away some of our edge.
[12:35] <+pat255> lol N ..vn ready to go back to office
[12:35] <+AndyES> Exited Remainder ES Long @ 1059.25 --> + 3 «« simulator »»
[12:36] <+AndyES> Read a great book on the Long Term Capital Management implosion
[12:36] <+AndyES> "When Genius Failed"
[12:37] <+AndyES> It seems that Wall Street "Geniuses" deliver disaster on a pretty consistent time scale: 1987, 1997, 2007
[12:46] <+AndyES> Shorts ES @ 1059.5 «« simulator »»
[12:51] <+codehead> short ES 1059.75 <paper>
[12:53] <+codehead> if you look at the years of major market tops and bottoms, it's interesting how many form fibonacci relationships
[12:54] <+codehead> 1987 + 13 = 200
[12:54] <+codehead> 2000
[12:54] <+codehead> 2000 + 8 = 2008
[12:54] <+codehead> but you can got back a long ways
[12:57] <+AndyES> Covered all ES Short @ 1059.25 --> + 0.25 «« simulator »»
[12:58] <+codehead> exit ES short b/e <paper>
[13:03] <+codehead> short ES 2c 1061.25 <paper>
[13:04] <+codehead> 2 pt stop
[13:07] <+codehead> exit half +1.00 <paper>
[13:10] <+codehead> lower stop to b/e remainder <paper>
[13:11] <+AndyES> Long ES @ 1059.75 «« simulator »»
[13:11] <+codehead> 1055.25 target
[13:11] <+AndyES> high risk...for a paper trade, that is
[13:13] <+AndyES> Exited 3/4 ES Long @ 1060.75 --> + 1 «« simulator »»
[13:14] <+codehead> 1062.50 is key
[13:14] <+codehead> needs to get thru that
[13:20] <+codehead> stopped remainder b/e <paper>
[13:23] <+AndyES> Exited Remainder ES Long @ 1060.5 --> + 0.75 «« simulator »»
[14:04] <@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.
[14:07] <+AndyES> Long ES @ 1058.5 «« simulator »»
[14:13] <+AndyES> Exited 3/4 ES Long @ 1059.5 --> + 1 «« simulator »»
[14:15] <+AndyES> Exited Remainder ES Long @ 1059 --> + 0.5 «« simulator »»
[14:21] <@wrbtrader> Shorts ES @ 1059.75 -> small size
[14:21] <@wrbtrader> 2 only
[14:26] <@wrbtrader> Covered all ES Short @ 1059.50 --> + 0.25
[14:29] <@wrbtrader> Emini ES tightly stuck below a key price area and above another key price area
[14:29] <@wrbtrader> It should range until it clears those price areas.
[14:32] <+jbuch> Long ES @ 1059.75
[14:36] <+TraderG> very profound
[14:37] <@wrbtrader> geeesh...it's a 2 - 3 tick range in Emini ES the past 7 mins or so
[14:39] <+werner> Long NQ @ 1716.75
[14:40] <+werner> Exited all NQ Long @ 1715.25 --> - 1.5
[14:40] <+Nesi> 14:39ET BREAKING: FTC probing CVS on certain business practices [MKW]
[14:41] <+werner> Long NQ @ 1716.75
[14:41] <+jbuch> Exited all ES Long @ 1059.25 --> - 0.5
[14:43] <+jbuch> Long ES @ 1059.75
[14:45] <+werner> djeez what a mess
[14:45] <+Nesi> maybe we are waiting for unemployment numbers tomorrow?
[14:45] <+werner> not me ...lol
[14:46] <@wrbtrader> someone call the CME and say there's a suspicious package outside near the door...
[14:46] <+codehead> short NQ 1717.00 <paper> stop 1718.25
[14:46] <@wrbtrader> That should cause a nice downtrend in reaction
[14:47] <+codehead> they WILL find you
[14:47] <+codehead> lol
[14:47] <@wrbtrader> Please don't use your home phone...go use a pay phone and one not near any security cameras
[14:47] <+codehead> ES and NQ flat topping
[14:47] <+codehead> fight
[14:48] <+werner> go go
[14:49] <+codehead> stopped NQ -1.25 <paper>
[14:50] <+jbuch> Exited all ES Long @ 1061 --> + 1.25
[14:50] <@wrbtrader> Long ES @ 1061.75 -> small size
[14:51] <@wrbtrader> 1 only
[14:51] <+werner> Exited all NQ Long @ 1719.50 --> + 2.75
[14:51] <@wrbtrader> missed my signal at 1061.00
[14:51] <@wrbtrader> Exited ES Long @ 1062.25 --> + 0.5
[14:52] <@wrbtrader> exited at the profit target I would have used had I entered at 1061
[14:59] <+codehead> lot of sellers packed in on ES
[15:04] <@wrbtrader> I'm going to call it quits right here because I'm just not mentally into trading right now...will just bank my +24 points.
[15:04] <@wrbtrader> See all tomorrow...going to just relax for the remainder of the day.
[15:05] <+Nesi> later wrbtrader
[15:05] * wrbtrader is now known as wrbtrader_away
[15:14] <+AndyES> Long ES @ 1061.5 «« simulator »»
[15:18] <+AndyES> Exited 3/4 ES Long @ 1062.5 --> + 1 «« simulator »»
[15:28] <+AndyES> Exited Remainder ES Long @ 1061.25 --> - 0.25 «« simulator »»
[15:53] <+AndyES> Shorts ES @ 1062.75 «« simulator »»
[15:57] <+AndyES> Covered all ES Short @ 1063.5 --> - 0.75 «« simulator »»
[16:07] <@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.
[17:23] * codehead is now known as codehead_afk
[18:13] <@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.
-------------------------
#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)
