#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: Fri Nov 27 09:40:46 2009
Session Ident: #futurestrades
[09:40] * Now talking in #futurestrades
[09:40] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:41] <jbuch> Exited all ES Long @ 1085.75 --> + 2.25
[09:42] <Nesi> vn
[09:42] <+jbuch> you must have been thrilled to hear about dubai
[09:42] <+Nesi> actually no
[09:42] <+jbuch> thanks nice move
[09:42] <@wrbtrader> Good morning all...had some network problems that caused my delay in showning up.
[09:42] <+Nesi> news came out tuesday and i saw it
[09:42] <+Nesi> but the reaction was lasst night
[09:42] <+Nesi> go figure
[09:42] <+Nesi> it was no fresh news last night..jb'
[09:43] <+Nesi> all of a sudden it was a domino
[09:43] <@wrbtrader> Can someone email me the log from 0920am - 0942am est to
intradaystrategies@yahoo.com[09:43] <@wrbtrader> thanks in advance
[09:43] <@wrbtrader> meant the #futurestrades log if I wasn't clear
[09:43] <+Nesi> i just came in..wrbtrader :/
[09:43] <+Nesi> i dont hav eit
[09:44] <pat255> will check n if I have will do it ..
[09:44] <@wrbtrader> thanks
[09:44] <+jbuch> just heard about dubai this am had trouble getting in on this long move as a result.
[09:47] <+jbuch> that is surprising it took so long Nesi
[09:47] <@wrbtrader> Yeah...the Dubai news is going to be big news into next week as more details comes into play
[09:47] <+Nesi> dubai, all those big building.. artificial island...
[09:48] <+Nesi> like living in another planet
[09:49] <@wrbtrader> A ton of people all over the world is heavily invested in Dubai...main reason why the news is so big...if Dubai doesn't get help...everybody else gets hit hard.
[09:49] <@wrbtrader> I sincerely hope the U.S. Government does not get involved...enough is enough with this bailout stuff.
[09:50] <+jbuch> Long ES @ 1085.5
[09:50] <@wrbtrader> Long ES @ 1086.25 -> medium size
[09:51] <@wrbtrader> 4 only
[09:52] <+jbuch> Exited all ES Long @ 1086.5 --> + 1
[09:54] <@wrbtrader> Exited all ES Long @ 1085.75 --> - 0.5
[09:54] <+jbuch> Shorts ES @ 1086
[09:55] <+jbuch> Covered all ES Short @ 1086.25 --> - 0.25
[09:56] <mo2t>
all
[09:57] <+jbuch> Shorts ES @ 1086.5
[09:57] <@wrbtrader> Long ES @ 1086.25 -> medium size
[09:57] <@wrbtrader> 4 only
[09:57] <+Nesi> Long ES @ 1086.50
[09:57] <+Nesi> 3
[09:57] <+Nesi> Exited all ES Long @ 1087.50 --> + 1
[09:57] <+jbuch> Covered all ES Short @ 1087.25 --> - 0.75
[09:58] <@wrbtrader> Exited all ES Long @ 1087.25 --> + 1
[09:58] <+mo2t> did not put two trades here, YM short 10211, exit 10214, -3 ticks and long 10246, exit 10266, + 20 points. Too fast market to put trades online
[09:59] <+mo2t> do not understand how can you do it so quickly... Im still watchin proces and moving to BE in first minute
[10:02] <@wrbtrader> Long ES @ 1090.00 -> medium size
[10:02] <@wrbtrader> 4 only
[10:02] <@wrbtrader> intuition
[10:03] <@wrbtrader> Exited all ES Long @ 1090.25 --> + 0.25
[10:03] <+Nesi> Shorts ES @ 1089.50
[10:04] <@wrbtrader> If I suddenly log off its because of ongoing network connection problems I've been having all morning.
[10:04] <+pat255>
[10:05] <+Nesi> Covered all ES Short @ 1089.50 --> 0
[10:07] <+Nesi> Long ES @ 1088.50
[10:08] <+Nesi> Exited all ES Long @ 1088.75 --> + 0.25
[10:09] <+Nesi> till what time is the futures open today
[10:09] <+Nesi> 1 pm
[10:09] <+pat255> y
[10:13] <+Nesi> thx
[10:18] <+Nesi> Shorts ES @ 1089.75
[10:18] <+Nesi> 1
[10:19] <@wrbtrader> Reading "European banks have large exposure to Dubai debt" @
http://www.dailyfinance.com/2009/11/27/ ... ubai-debt/[10:21] <+Nesi> Covered all ES Short @ 1091.00 --> - 1.25
[10:22] <@wrbtrader> Shorts ES @ 1092.00 -> small size
[10:22] <@wrbtrader> 1 only
[10:22] <+Nesi> Shorts ES @ 1091.75
[10:22] <+Nesi> 1
[10:23] <@wrbtrader> Covered ES Short @ 1091.75 --> + 0.25
[10:23] <@wrbtrader> early exit
[10:24] <@wrbtrader> be back in a few minutes...gotta reboot the other computer.
[10:28] <@wrbtrader> ES still stuck around the 1091.75 area
[10:35] <+Nesi> Covered all ES Short @ 1091.25 --> + 0.5
[10:36] <+Nesi> Long ES @ 1092.25
[10:36] <+Nesi> 1
[10:39] <+Nesi> Exited all ES Long @ 1092.00 --> - 0.25
[10:40] <+jbuch> Long ES @ 1092
[10:40] <+Nesi> Shorts ES @ 1091.75
[10:40] <+Nesi> 1
[10:41] <+Nesi> Covered all ES Short @ 1092.75 --> - 1
[10:42] <+jbuch> Exited all ES Long @ 1093.25 --> + 1.25
[10:42] <+Nesi> Shorts ES @ 1092.75
[10:42] <+Nesi> 1
[10:44] <@wrbtrader> Ok...I'm back now...hopefully my entire system is back to normal now my router crashed around 0920am est that forced me to use my backup that's no longer reliable.
[10:44] <+Nesi> Covered all ES Short @ 1093.75 --> - 1
[10:45] <@wrbtrader> Shorts ES @ 1093.75 -> medium size
[10:45] <@wrbtrader> 4 only
[10:45] <@wrbtrader>
[10:45] <+Nesi> Shorts ES @ 1093.75
[10:45] <+Nesi> 2
[10:46] <@wrbtrader> Covered all ES Short @ 1093.75 --> 0
[10:46] <+Nesi> dollar under 75
[10:46] * wrbtrader is now known as wrbtrader_away
[10:47] <+jbuch> I did not think that the market would move much today
[10:49] * wrbtrader_away is now known as wrbtrader
[10:49] <@wrbtrader> jbuch...the Dubai news change things big time. If it wasn't for that...today would have been a quiet range day.
[10:50] <+Nesi> Shorts ES @ 1093.75 -> Add
[10:50] <+Nesi> 3
[10:51] <TraderG> they are on the hook for 80 billoin. i don't c what is the big deal.....
[10:51] <@wrbtrader> Long ES @ 1094.75 -> medium size
[10:52] <@wrbtrader> looking for a few ticks only
[10:53] <@wrbtrader> Exited all ES Long @ 1094.75 --> 0
[10:54] <@wrbtrader> Too bad I couldn't exploit that properly...trying to trade and watch my network ping at the same time.
[10:55] <@wrbtrader> Shorts ES @ 1095.50 -> medium size
[10:55] <@wrbtrader> 4 only
[10:55] <@wrbtrader> looking for a few ticks only with one eye on my ping
[10:59] <@wrbtrader> Covered all ES Short @ 1094.50 --> + 1
[11:01] <+pat255> vn
[11:02] <@wrbtrader> Yeah especially with the fact I've spent most of my time this morning fixing network problems...
[11:03] <@wrbtrader> Somehow after my connection when down on my secure line it fixed itself without me but it logged onto an "unsecure line" (someone's connection nearby)...probably a neighbor down the street that just got cable yesterday.
[11:03] <@wrbtrader> Everytime I disconnect..it would reconnect.
[11:04] <@wrbtrader> Anyways, I'm back on my own secure line after "banning" the connection to the "unsecure line" by the neighbor
[11:04] <@wrbtrader>
[11:04] <+pat255> man connections problems are worse to deal with
[11:05] <@wrbtrader> Hopefully it wasn't a hack attempt.
[11:06] <@wrbtrader> Geeesh...we're still creeping higher.
[11:07] <@wrbtrader> I got no signal...to get Long again after that last short.
[11:08] <+pat255> y geez what a move
[11:12] <@wrbtrader> Yeah...it's big time short because all over the net I saw nothing but people saying they were bearish after hearing the Dubai news.
[11:13] <@wrbtrader> meant big time "short squeeze"
[11:14] <+Nesi> 30 points up from the low
[11:15] <@wrbtrader> I often wonder about traders that say it's all about the "technicals" or say TA would have predicted this morning price action.
[11:16] <@wrbtrader> TA can't predict what happen in Dubai
[11:17] <@wrbtrader> Anybody doing any "Black Friday" shopping
[11:17] <@wrbtrader> My spouse did this morning...she got in line at 5am est at some places at the mall
[11:17] <@wrbtrader> crazy
[11:17] <winmax60> Not me.... :-))
[11:18] <+pat255> nah gave up on that kind of stuff
[11:18] <@wrbtrader> I did a few years ago and got some great deals on electronics...stuff still work great today.
[11:18] <@wrbtrader> Payed about $500 on about $1800 worth of stuff.
[11:19] <+winmax60> great..:-))
[11:19] <@wrbtrader> Today...didn't have the energy after the family events.
[11:23] <@wrbtrader> looking for a few ticks only
[11:23] <@wrbtrader> Wrong requote...reposting now
[11:24] <@wrbtrader> There's a prior key change in supply/demand (WRB S/R Zone) @ 1092.25 - 1090.75
[11:24] <@wrbtrader> Great place to take profits on any shorts.
[11:25] <@wrbtrader> I'm don't trading for the day...the earlier connection problems tells me I should be thankful to have even +7 points on the Emini ES.
[11:25] <@wrbtrader> Will take that and bank it.
[11:26] <@wrbtrader> don't = done
[11:26] <+pat255> vn N ..
[11:26] <+pat255> man what a up move
[11:27] <@wrbtrader> Monday will be a very interesting trading day...the late Sunday night price action should give lots of clues about Monday especially if there's more news or talk of the town Dubai talk.
[11:28] <+pat255> y
[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.
[12:07] <@wrbtrader> CNBC just confirmed that European banks have much more exposure to financial situation in Dubai in comparison the U.S. banks
[12:07] <@wrbtrader> Thus, Sunday's late night price action of Europes DAX, FTSE100 and CAC40 should provide big clues about the volatility for the the U.S. markets that will open on Monday
[12:08] <+Nesi> 1092.75
[12:10] <+Nesi> exits gonna get crowded
[12:29] <+Nesi> Covered all ES Short @ 1091.50 --> + 4.5
[12:29] <+Nesi> have a great weekend all
[12:59] <codehead> omg that was stupid... shorted 3 ticks form top of that bounce, move my stop to soon and got a tick, dropped about 50 ticks in 10 mins since entry
[12:59] <+codehead> on YM
[13:00] <+codehead> made 2 ticks, doh
[13:23] <+TraderG> r the markets closed?
[13:32] <+TraderG> was everybody kidnapped by aliens?
[13:42] <@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.
[14:38] <+mo2t> so have a nice weekend all.
Happy Thanksgiving Holidays-------------------------
#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. Best Regards,
M.A. Perry
Trader and Founder of
WRB Analysis (wide range body analysis)
@
http://twitter.com/wrbtrader Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
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