#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 12 09:24:27 2009
Session Ident: #futurestrades
[09:24] * Now talking in #futurestrades
[09:24] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:24] <Nesi> good morning all
[09:25] <winmax60> good morning
[09:26] <pat255>
[09:29] <drt>
[09:34] <+Nesi> Long ES @ 1094.00
[09:34] <+Nesi> 2
[09:34] <+drt> l es 94
[09:35] <+Nesi> Exited all ES Long @ 1093.75 --> - 0.25
[09:37] <+drt> cl es 94.75
[09:38] <jbuch> Shorts ES @ 1093.75
[09:39] <@wrbtrader> Shorts ES @ 1092.75 -> large size
[09:39] <@wrbtrader> 6 only
[09:40] <@wrbtrader> Covered all ES Short @ 1092.00 --> + 0.75
[09:41] <+jbuch> Covered all ES Short @ 1092.25 --> + 1.5
[09:41] <+Nesi> Long ES @ 1093.00
[09:44] <+Nesi> Exited all ES Long @ 1093.50 --> + 0.5
[09:44] <+Nesi> famous 1093.25 again
[09:45] <+Nesi> Shorts ES @ 1092.50
[09:45] <+Nesi> 2
[09:45] <+Nesi> bad entry at market
[09:45] <@wrbtrader> Long ES @ 1093.00 -> medium size
[09:45] <@wrbtrader> 4 only
[09:47] <OICU812> Good morning
[09:48] <+Nesi> Covered ES Short @ 1094.00 --> - 1.5
[09:48] <+Nesi> Reverse and Enter Long ES @ 1094.00
[09:48] <+Nesi> hola OICU
[09:48] <@wrbtrader> Exited all ES Long @ 1095.00 --> + 2
[09:48] <+jbuch> hey oic
[09:50] <+Nesi> Exited all ES Long @ 1095.25 --> + 1.25
[09:50] <+jbuch> Long ES @ 1095
[09:51] <+Nesi> Long ES @ 1096.50
[09:52] <+Nesi> chasein
[09:53] <+Nesi> Exited all ES Long @ 1097.25 --> + 0.75
[09:53] <+jbuch> one more tick
[09:54] <+Nesi> great trading..jb
[09:54] <+jbuch> Exited Remainder ES Long @ 1097.75 --> + 2.75
[09:54] <+Nesi>
[09:57] <@wrbtrader> Last 3 points has been a short squeeze
[09:57] <+pat255> amazing this mkt ...vn guys
[09:58] <+OICU812> thats a nice long
[09:58] <+OICU812> really took off
[09:59] <+jbuch> I jumped back in at 1097.25 didn't trust and to focused to post
[09:59] <@wrbtrader> Shorts ES @ 1099.50 -> small size
[09:59] <@wrbtrader> 2 only
[10:00] <@wrbtrader> Covered all ES Short @ 1100.00 --> - 0.5
[10:00] <@wrbtrader> $ES_F WR Analysis - Currently within a prior key change in supply/demand price area.
[10:00] <+Nesi> Shorts ES @ 1100.00
[10:01] <@wrbtrader> Shorts ES @ 1100.00 -> medium size
[10:01] <@wrbtrader> 4 only
[10:02] <@wrbtrader> Covered all ES Short @ 1099.00 --> + 1
[10:03] <+jbuch> beautiful move man.
[10:04] <+jbuch> loving this volitility
[10:04] <@wrbtrader> I'm still bullish but won't try to get pretty on Shorts right now...goal for me is to take quick profits on any short positions until I change my bias
[10:04] <+pat255> y cant get cute with S ..
[10:04] <@wrbtrader> Yeah...if we can keep this volatility for another 15mins...I should be able to reach my normal profit goal for the day.
[10:04] <@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.
[10:05] <+Nesi> Covered all ES Short @ 1099.50 --> + 0.5
[10:05] <@wrbtrader> Long ES @ 1098.00 -> small size
[10:05] <@wrbtrader> 3 only
[10:06] <@wrbtrader> Exited all ES Long @ 1097.75 --> - 0.25
[10:07] <+jbuch> I am already there but got to make hay while the sun is shining
[10:08] <@wrbtrader> Shorts ES @ 1097.25 -> medium size
[10:08] <+Nesi> Shorts ES @ 1097.00
[10:08] <+Nesi> 1
[10:08] <@wrbtrader> 4 only
[10:08] <+jbuch> good call on that short covering above 1098 wrbtrader
[10:09] <@wrbtrader> Yeah but I'm too slow on my short postions
[10:09] <+jbuch> did the way it moved up make you think that
[10:10] <+jbuch> or just the fact that it was a likely place for stops, or both
[10:11] <@wrbtrader> Covered all ES Short @ 1096.75 --> + 0.5
[10:12] <@wrbtrader> sideline for a little bit because I'm slow in getting my short entries in...too much overanalysis right now
[10:14] <AndyES> Long ES @ 1095.75
[10:14] <@wrbtrader> My bias is back to neutral
[10:14] <+jbuch> wrbtrader did the way price exploded up clue you in that it was short covering or the fact that it was a likely place for stops
[10:16] <@wrbtrader> It exploded upwards and through a key price zone I was hoping would setup a short signal...that told me if it pushed higher it would turn into a short squeeze.
[10:17] <@wrbtrader> Than when it reached the next key price area...it stalled and I started seeing inverted hammer lines or inverted long legged dojis.
[10:18] <@wrbtrader> That told me around 10am est this particular price area was willing to put up a better fight in comparison to the prior one that fell over like Mike Tyson had hit it.
[10:18] <+AndyES> Exited all ES Long @ 1095.25 --> - 0.5
[10:19] <@wrbtrader> Shorts ES @ 1094.75 -> small size
[10:19] <@wrbtrader> 3 only
[10:19] <@wrbtrader> intuition
[10:19] <+jbuch> thanks wrbtrader
[10:22] <@wrbtrader> Covered all ES Short @ 1095.75 --> - 1
[10:22] <+Nesi> Covered all ES Short @ 1095.50 --> + 1.5
[10:22] <@wrbtrader> weak support developing
[10:23] <@wrbtrader> Long ES @ 1096.00 -> medium size
[10:23] <@wrbtrader> 4 only
[10:24] <@wrbtrader> Exited all ES Long @ 1096.50 --> + 0.5
[10:30] <+Nesi> Shorts ES @ 1096.50
[10:30] <+Nesi> 2
[10:32] <@wrbtrader> Both Oil and Gold are near a support level
[10:33] <+Nesi> Covered all ES Short @ 1096.50 --> 0
[10:40] <@wrbtrader> FYI - I won't be trading tomorrow due to a family 3 day weekend.[10:40] <+Nesi> Shorts ES @ 1096.25
[10:40] <+Nesi> 2
[10:42] <@wrbtrader> Moment of truth right now for ES...
[10:42] <@wrbtrader> Best chance since 1025am est to push higher if Oil and Gold helps.
[10:44] <+Nesi> Covered all ES Short @ 1097.25 --> - 1
[10:44] <@wrbtrader> Long ES @ 1097.25 -> small size
[10:44] <@wrbtrader> 2 only
[10:45] <@wrbtrader> Exited all ES Long @ 1098.50 --> + 1.25
[10:46] <@wrbtrader> still churning a little for me but "itching slowly" towards my profit goal for the day.
[10:48] <+Nesi> Long ES @ 1098.25
[10:49] <+pat255> if someone has IB feed, are they getting vix data?
[10:49] <+Nesi> Exited all ES Long @ 1097.50 --> - 0.75
[10:50] <+Nesi> Long ES @ 1098.25
[10:50] <@wrbtrader> Got another short signal but I'm going to ignore it
[10:50] <@wrbtrader> I think a squeeze is setting up
[10:51] <@wrbtrader> Long ES @ 1098.75 -> small size
[10:51] <@wrbtrader> 1 only
[10:51] <@wrbtrader> intuition
[10:52] <+Nesi> Exited all ES Long @ 1098.00 --> - 0.25
[10:54] <+Nesi> Shorts ES @ 1097.75
[10:54] <+Nesi> 2
[10:56] <+Nesi> Shorts ES @ 1097.25 -> Add
[10:56] <@wrbtrader> Exited ES Long @ 1097.25 --> - 1.5
[10:56] <@wrbtrader> Reverse and Enter Short ES @ 1097.25
[10:56] <@wrbtrader> 3 contracts
[10:57] <@wrbtrader> one volatility spike so far out of that price contraction
[10:58] <@wrbtrader> one more and I'll have my profit goal for the day
[10:58] <@wrbtrader> Covered all ES Short @ 1095.00 --> + 2.25
[10:58] <+Nesi> pretty amazing as always... wrbtrader
[10:59] <+Nesi> i can see how you do it and still .. i cant do it :/
[10:59] <@wrbtrader> Well...I try to get pretty with that intuition Short while having a bearish signal...
[10:59] <@wrbtrader> got burnt but didn't hesitate to flip it to the short side
[11:00] <+Nesi> you have any bias as of now..wrbtrader?
[11:00] <+Nesi> bit bearish?
[11:00] <@wrbtrader> meant tried to get pretty with the intuition "Long position" while having a bearish signal
[11:00] <+Nesi> 93.25 kind of magnet agaiin
[11:01] <+Nesi> petroleum inventories increased by 1.0 million barrels
[11:01] <@wrbtrader> still bearish until Oil and Gold settles down a little to cause a stall
[11:01] <+Nesi> probably oil goes bit lower
[11:01] <+Nesi> here it is 93.25
[11:01] <+Nesi> so far it holds
[11:01] <@wrbtrader> I'm sidelined right now after reaching my profit goal for the day
[11:02] <+Nesi> k, thx
[11:02] <@wrbtrader> Will go upstairs and eat when the cleaning lady leaves
[11:03] <+Nesi> do you have your office in the basement?
[11:03] <@wrbtrader> Yes...a basement office
[11:04] <@wrbtrader> next to the kids play room
[11:15] <+Nesi> Covered all ES Short @ 1090.25 --> + 14.5
[11:15] <+Nesi> finally i got a good one
[11:15] <+pat255> vvn
[11:17] <+jbuch> nice the old Nesi is back.
[12:10] <@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.
[13:06] <mo2t> Long YM @ 10199 «« testing script »»
[13:08] <+mo2t> Exited all YM Long @ 10199 --> 0 «« testing script »»
[13:12] <codehead> ES has buy at 1084.25
[13:12] <+codehead> NQ big big one at 1760
[13:12] <+codehead> but 1772 overnight low area is also nice symmetry and 1.272 extension
[13:16] <+codehead> 1765 also a decent cluster
[13:18] <@wrbtrader> Long ES @ 1089.25 -> small size
[13:18] <@wrbtrader> 3 only
[13:18] <@wrbtrader> Exited all ES Long @ 1089.25 --> 0
[13:19] <@wrbtrader> didn't like my entry
[13:23] <@wrbtrader> Long ES @ 1089.00 -> small size
[13:23] <@wrbtrader> 2 only
[13:23] <@wrbtrader> now I like my entry
[13:25] <@wrbtrader> Exited all ES Long @ 1088.75 --> - 0.25
[13:25] <@wrbtrader> Oil and Gold rolled over but into a weak support area
[13:27] <+Nesi> Long ES @ 1088.75
[13:27] <+Nesi> 1
[13:28] <@wrbtrader> Long ES @ 1089.00 -> small size
[13:28] <@wrbtrader> 1 only
[13:30] <+Nesi> Exited all ES Long @ 1088.75 --> 0
[13:34] <@wrbtrader> Exited ES Long @ 1089.00 --> 0
[13:39] <+Nesi> Long ES @ 1089.00
[13:39] <+Nesi> 1
[13:39] <@wrbtrader> 2 - 3 tick range
[13:40] <+Nesi> Exited ES Long @ 1088.25 --> - 0.75
[13:40] <+Nesi> Reverse and Enter Short ES @ 1088.25
[13:41] <@wrbtrader> If ES goes back to 1089...it's a buy signal for me
[13:43] <+Nesi> Covered all ES Short @ 1088.50 --> - 0.25
[13:44] <@wrbtrader> Long ES @ 1089.00 -> small size
[13:44] <+Nesi> Long ES @ 1089.00
[13:44] <+Nesi> 2
[13:44] <@wrbtrader> 3 only
[13:47] <@wrbtrader> tight trail
[13:48] <@wrbtrader> Exited all ES Long @ 1090.25 --> + 1.25
[13:48] <+Nesi> Exited all ES Long @ 1090.00 --> + 1
[13:49] <@wrbtrader> tough trading in that prior range of 2 - 3 ticks
[13:54] <+Nesi> Shorts ES @ 1089.00
[13:54] <+Nesi> 2
[13:56] <+Nesi> Covered all ES Short @ 1089.50 --> - 0.5
[13:57] <+codehead> but so was 1088.x and we bounced several times in there
[13:57] <+Nesi> Shorts ES @ 1088.75
[13:57] <+Nesi> 2
[13:57] <+codehead> budget report due
[13:57] <+codehead> that's the one i meant sorry
[14:03] <+Nesi> 14:00ET U.S. RAN DEFICIT OF $176 BILLION IN OCTOBER [MKW]
[14:07] <+Nesi> Covered all ES Short @ 1089.75 --> - 1
[14:09] <+Nesi> Shorts ES @ 1089.50
[14:09] <+Nesi> 2
[14:11] <pdays> Exited all ES Long @ 1090.5 --> - 1.75 «« simulator »»
[14:14] <+Nesi> Covered all ES Short @ 1090.50 --> - 1
[14:16] <@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.
[14:17] <+Nesi> Shorts ES @ 1089.25
[14:17] <+Nesi> 2
[14:19] <+AndyES> brutal contest over 89.5
[14:34] <+AndyES> anyone for another helping of 89.5?
[14:34] <+Nesi> right range
[14:34] <+Nesi> :/
[14:35] <+Nesi> we need mojo up or down
[15:00] <+Nesi> you guys see more selling?
[15:03] <+codehead> yes but buy levels are not far below, so slow
[15:04] <+Nesi> yeah
[15:04] <+Nesi> thx
[15:04] <+Nesi> what levels do you see next... code?
[15:04] <+Nesi> 1078 1080?
[15:04] <TraderG> 600
[15:05] <+Nesi> :}
[15:06] <+jbuch> big vol spike there
[15:08] <+codehead> 1084.25, 1082.50, 1080
[15:08] <+Nesi> thanks code
[15:08] <+codehead> yw
[15:09] <+codehead> 10:12 codehead: NQ big big one at 1760
[15:09] <+codehead> 10:12 codehead: but 1772 overnight low area is also nice symmetry and 1.272 extension
[15:09] <+codehead> bounced off 1772.00
[15:10] <+codehead> nice volume bar there
[15:10] <+codehead> but pressure on downside because it took too long to breakout up
[15:10] <+jbuch> 1085 is the low from 2 days ago
[15:11] <+codehead> when i looked at ES two nights ago, were so many levels in the 80's i had trouble singling many out
[15:11] <+codehead> i guess that's why we are grinding down--buyers spread
[15:11] <+codehead> at many levels
[15:11] <+jbuch> nice short Nesi
[15:12] <+Nesi> so far, still holding
[15:12] <+jbuch> awesome bro
[15:12] <+Nesi> writing a jounal helps me
[15:12] <+Nesi> small stops.. and when i get a chance.. i let winners run
[15:13] <+jbuch> leaving the room helps me
)
[15:13] <+jbuch> dude that is thje way to do it
[15:13] <+AndyES> Long ES @ 1085.25
[15:13] <+Nesi> we are under 1085
[15:13] <+Nesi> yes jb... but i need lots of improvement
[15:13] <+codehead> i had buy order in at 1084.25 for a long time, but pulled it here--too late in day for me
[15:14] <+Nesi> it did not hit 1084.25 code
[15:14] <+codehead> yeah
[15:14] <+codehead> that is, i agree
[15:14] <+codehead> pulled order cuz i don't want it there this late
[15:15] <+codehead> could be good for scalp, just not going for it this late
[15:15] <+codehead> cci potential vegas...
[15:28] <+AndyES> Exited all ES Long @ 1086.5 --> + 1.25
[15:28] <+AndyES> sorry late entry
[15:29] <+Nesi> 1082.50 "probably"next area..hoping here
[15:32] <+codehead> 1084.25 hit
[15:32] <+Nesi> perfect hit
[15:32] <+Nesi> pretty amazing..codehead
[15:34] <+Nesi> Covered all ES Short @ 1086.00 --> + 3.25
[15:34] <+jbuch> awesome
[15:34] <+Nesi> i could not juice it anymore
[15:34] <+AndyES> vn
[15:36] <+jbuch> u made $ on the trade and u avoided the chop
[15:37] <+Nesi> i got into trouble less than few days ago
[15:37] <+Nesi> i am done for today, writing things in my journal
[15:38] <+jbuch> and now the damn thing breaks
[15:41] <+codehead> nice trade nesi
[15:41] <+codehead> let's see, i had NQ 1765 and biggie at 1760
[15:42] <+jbuch> Shorts ES @ 1083.25
[15:42] <+codehead> 12:08 codehead: 1084.25, 1082.50, 1080
[15:42] <+AndyES> Long ES @ 1082.75
[15:42] <+codehead> 1082.50 getting support
[15:44] <+AndyES> Exited all ES Long @ 1083.75 --> + 1
[15:47] <+jbuch> Shorts ES @ 1084 -> Add
[15:48] <+codehead> intraday symmetry at 1082.00 also
[15:56] <+jbuch> Covered all ES Short @ 1085 --> - 2.75
[16:03] <+AndyES> gn all
[16:05] <@wrbtrader> FYI - I won't be trading tomorrow due to a 3 day family weekend...see all on Monday.[16:05] <+codehead> oh my--closed everything, and that left a text page showing form last night
[16:06] * wrbtrader is now known as wrbtrader_away
[16:06] <+codehead> on it i only had written: "NQ 1768.50-1769.00 ***"
[16:06] <+codehead> 1768.50 was lod
-------------------------
#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
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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)
