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Posted by M.A. Perry
Trader and Founder of
WRB Analysis (wide range body analysis)
------------------------
Session Start: Tue Jan 05 08:54:43 2010
Session Ident: #futurestrades
[08:54] * Now talking in #futurestrades
[08:54] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[08:57] <Nesi> hello all
[09:22] <Forex2stay> morning
[09:27] <AndyES>
all
[09:28] <drt>
[09:36] <jbuch> Shorts ES @ 1028
[09:36] <werner>
and happy new year all
[09:37] <+Nesi> thanks
[09:37] <+AndyES> Long ES @ 1127.25 «« simulator »»
[09:38] <+werner> Long NQ @ 1881.75
[09:38] <+jbuch> Covered all ES Short @ 1027.5 --> + 0.5
[09:38] <rickf>
[09:38] <+werner> Exited all NQ Long @ 1883.25 --> + 1.5
[09:40] <+jbuch> that was my first large one in a while.wasn't very patientwith it
[09:40] <+werner> 81.5 is prev weekly high
[09:40] <+AndyES> Exited all ES Long @ 1127.25 --> 0 «« simulator »»
[09:40] <@wrbtrader> Shorts ES @ 1127.00 -> large size
[09:40] <@wrbtrader> 9 only
[09:40] <+werner> Long NQ @ 1881.25
[09:41] <TraderG> news @ 10
[09:41] <+jbuch> holy crap look at tf go
[09:41] <+werner> Exited all NQ Long @ 1881.75 --> + 0.5
[09:42] <+werner> es 26.5 prev weekly high
[09:43] <+AndyES> Long ES @ 1127 «« simulator »»
[09:44] <+werner> Long NQ @ 1881.5
[09:45] <@wrbtrader> Covered all ES Short @ 1127.00 --> 0
[09:45] <+AndyES> Exited 1/2 ES Long @ 1128 --> + 1 «« simulator »»
[09:46] <+werner> Exited all NQ Long @ 1882.5 --> + 1
[09:47] <+AndyES> Exited Remainder ES Long @ 1128 --> + 1 «« simulator »»
[09:47] <+AndyES> Shorts ES @ 1128 «« simulator »»
[09:48] <+werner> Shorts NQ @ 1883.00
[09:49] <+AndyES> Covered 1/2 ES Short @ 1127.5 --> + 0.5 «« simulator »»
[09:49] <+werner> Covered all NQ Short @ 1883.25 --> - 0.25
[09:51] <@wrbtrader> Shorts ES @ 1127.00 -> large size
[09:51] <@wrbtrader> 6 only
[09:52] <+AndyES> Covered Remainder ES Short @ 1127.5 --> + 0.5 «« simulator »»
[09:52] <+rickf> long es 1127.75
[09:52] <+AndyES> Long ES @ 1127.75 «« simulator »»
[09:53] <+werner> Shorts NQ @ 1885.25
[09:54] <@wrbtrader> Covered all ES Short @ 1128.00 --> - 1
[09:54] <+werner> Covered all NQ Short @ 1884.75 --> + 0.5
[09:54] <+AndyES> Exited all ES Long @ 1127.75 --> 0 «« simulator »»
[09:55] <@wrbtrader> Long ES @ 1128.25 -> large size
[09:56] <+rickf> exit es 1128.25 +.50
[09:57] <+rickf> 1 tick on mon, 2 on tues, by friday i should be warmed up..... lol
[09:57] <+AndyES> 10 a.m. announcements coming up
[09:57] <@wrbtrader> Exited all ES Long @ 1127.50 --> - 0.75
[09:57] <+jbuch> lol
[09:58] <@wrbtrader> Shorts ES @ 1127.00 -> large size
[09:59] <@wrbtrader> 9 only
[10:00] <@wrbtrader> punks
[10:00] <+Nesi> down we go
[10:00] <+Nesi> 1120 here we go
[10:01] <+AndyES> Long ES @ 1125.75 «« simulator »»
[10:01] <@wrbtrader> Covered all ES Short @ 1126.75 --> + 0.25
[10:01] <+AndyES> Exited 1/2 ES Long @ 1127 --> + 1.25 «« simulator »»
[10:02] <@wrbtrader> Long ES @ 1127.50 -> large size
[10:02] <+AndyES> Exited 1/4 ES Long @ 1127.25 --> + 1.5 «« simulator »»
[10:02] <@wrbtrader> 9 only
[10:02] <+AndyES> Exited Remainder ES Long @ 1128 --> + 2.25 «« simulator »»
[10:03] <+werner> it is for me very difficult with my "scalp trades" to post my trades and focus the market in same time
[10:04] <@wrbtrader> Exited all ES Long @ 1127.50 --> 0
[10:05] <@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] <+AndyES> Shorts ES @ 1128 «« simulator »»
[10:05] <@wrbtrader> all of my trades so far "within" a 1.25 range
[10:06] <+rickf> i just noticed that here as well ... sitting out for a while till something opens up
[10:06] * +rickf thought my charts were ducky
[10:06] <+jbuch> pending home sales were horrible and we are moving up
[10:06] <+AndyES> Covered all ES Short @ 1128.25 --> - 0.25 «« simulator »»
[10:09] <@wrbtrader> tight trading range "in between" a bullish price action a few ticks above and a bearish price action a few ticks below.
[10:10] <+rickf> translation: sit-on-hands time
[10:10] <@wrbtrader> Yep
[10:12] <+AndyES> Long ES @ 1128 «« simulator »»
[10:13] <@wrbtrader> Long ES @ 1128.75 -> large size
[10:13] <@wrbtrader> 9 only
[10:13] <+AndyES> Exited 2/3 ES Long @ 1129 --> + 1 «« simulator »»
[10:14] <@wrbtrader> Tough trade because it's already at a resistance area
[10:16] <+AndyES> Exited 1/4 ES Long @ 1129 --> + 1 «« simulator »»
[10:16] <@wrbtrader>
[10:17] <@wrbtrader> Exited all ES Long @ 1129.00 --> + 0.25
[10:17] <@wrbtrader> be back later...got some family distractions here at home
[10:17] * wrbtrader is now known as wrbtrader_away
[10:20] <+AndyES> Exited Remainder ES Long @ 1129 --> + 1 «« simulator »»
[10:21] <+AndyES> Shorts ES @ 1129.25 «« simulator »»
[10:21] <+jbuch> Long ES @ 1129.25
[10:22] <+rickf> long es 1129.50
[10:23] <+jbuch> third attempt to catch this long got it at the worst possible price
[10:23] <+AndyES> Covered all ES Short @ 1129.75 --> - 0.5 «« simulator »»
[10:25] <+rickf> exit es 1129.75 +.25
[10:27] * +rickf figures
[10:27] <+Nesi> Covered ES Short @ 1129.50 --> - 6
[10:27] <+Nesi> Reverse and Enter Long ES @ 1129.50
[10:29] <+jbuch> Exited all ES Long @ 1130.75 --> + 1.5
[10:30] <+AndyES> nice jb
[10:30] <+rickf> wtg
[10:30] <+rickf> nice catch
[10:34] <codehead> had signal entry for tick fade counter trade at 1131.00
[10:34] <+codehead> so i'm short 1131.00 <paper>
[10:34] <+codehead> to track it
[10:35] <+codehead> 2 pt target, 3 pt stop
[10:35] <+codehead> but we did break out
[10:35] <+rickf> ok i missed that move up using a 5m chart ... but on the 512 the setup was clear as day
[10:35] <+codehead> tick chart?
[10:35] <+rickf> yup[
[10:36] <+codehead> k
[10:39] <+rickf> short es 1131
[10:40] <+codehead> next upside targets 1136, 1138
[10:42] <+AndyES> Shorts ES @ 1131 «« simulator »»
[10:43] <+AndyES> Covered all ES Short @ 1131.75 --> - 0.75 «« simulator »»
[10:44] <+rickf> exit es 1133 -1
[10:44] <+rickf> 1132 -1
[10:44] <+codehead> another tick extreme
[10:48] <+rickf> and i fell for it sigh
[10:51] <+rickf> short es 1131.25
[10:56] <+AndyES> Shorts ES @ 1131.25 «« simulator »»
[11:01] <+codehead> exit ES -.25 <paper>
[11:01] <+codehead> time expired, 35 min limit
[11:02] <+codehead> those trades are iffy in a trend, but the second one was the one to take
[11:03] <+codehead> should pb some more, but the rule is 35 mins
[11:03] <+jbuch> was wondering why u bailed seems like a better set up now than when u netered
[11:04] <+codehead> i actually liked the second one, should have taken in in account, but i tend to not trade when i'm in a paper trade :-/
[11:06] <+codehead> in a range-bound day, tick fade works really well, but in a strong trend day you can get several in a row, and only the later ones work
[11:06] <+rickf> exit es 1131.25 b/e
[11:06] <+codehead> other rule is two losers in a row, you dont' take the trade again that day
[11:09] <+AndyES> Covered all ES Short @ 1131.5 --> - 0.25 «« simulator »»
[11:09] <+jbuch> yes tick div aretrickywhen market is trending
[11:10] <+jbuch> you need rigorous rules and you have to stick with them or u will get killed.
[11:12] <+AndyES> one rule to consider: when the market is dead like this, no trades!
[11:16] <+jbuch> thats a great rule.
[11:17] <+rickf> amen
[11:24] <+codehead> 129.00 is .500
[11:25] * wrbtrader_away is now known as wrbtrader
[11:28] <+jbuch> and the lord said onto him "ye shall not trade in chop, ye shall not try to pick reversals, ye shall go with trend and ye shall live a prosperous and fruitfull life.
[11:28] <+jbuch> can I get an amen brother.
[11:28] <+codehead> amen
[11:29] <+jbuch>
[11:29] <+AndyES> aaaaaamen
[11:31] <@wrbtrader> Shorts ES @ 1128.50 -> large size
[11:31] <@wrbtrader> 6 only
[11:31] <@wrbtrader> intuition
[11:33] <+codehead> symmetry at 1127.00
[11:33] <+codehead> should get there
[11:34] <+codehead> 1128.00 touch is .618
[11:34] <+Nesi> Exited ES Long @ 1129.00 --> - 0.5
[11:34] <+Nesi> Reverse and Enter Short ES @ 1129.00
[11:35] <+rickf> long 6e 1.4390 paper
[12:00] <+jbuch> Shorts TF @ 636.8
[12:00] <+rickf> exit 6e 1.4403 +13 paper
[12:01] <+rickf> TF jb?
[12:01] <mo2t> no trade today
[12:03] <+jbuch> Covered all TF Short @ 637.1 --> - 0.3
[12:04] <+jbuch> trying it, moves really nice
[12:05] <+rickf> funny, i was thinking over the holidays to try the TF and 6e again myself when i got back to the trade desk
[12:05] <+jbuch> awesome moves the last couple of days.
[12:06] <+rickf> i've been thinking the lower-volume contracts Tf/6e might be nicer to trade, less neurotic and more trendy
[12:08] <@wrbtrader> Covered all ES Short @ 1130.00 --> - 1.5
[12:08] <+jbuch> you can use tiny lil stops in these consolidation zones and catch nice runners
[12:08] <+rickf> indeed ... the TF was a bit too jumpy for me last summer, wonder how the lippage is nowdays
[12:08] <+jbuch> that was a bad trade had made a higher high should have waited for a lower low
[12:11] <@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.
[12:12] <@wrbtrader> Long ES @ 1130.50 -> large size
[12:12] <@wrbtrader> 6 only
[12:13] <+jbuch> Long TF @ 638.2
[12:15] <+codehead> 1131.00 is .618
[12:15] <+codehead> key test
[12:16] <+codehead> almost took NQ short as alternate, but don't like it on stops
[12:17] <+rickf> friend keeps telling me to try the 30-yr or oil ... i don't 'get' the bond market, and oil is jumpy as hell imho
[12:18] <+jbuch> Exited all TF Long @ 638.3 --> + 0.1
[12:19] <+jbuch> oops entered at 638.3 breakeven
[12:20] <+jbuch> oil is interesting
[12:23] <+rickf> i paper traded it in '07 ... scared me, but then again i was scalping it on small tframe
[12:24] <+jbuch> Long TF @ 638.4
[12:26] <+jbuch> Exited all TF Long @ 638.1 --> - 0.3
[12:27] <+jbuch> NOT DOING TO GOOD SO FAR
[12:27] <+rickf>
move TF trades to paper?
[12:28] <+jbuch> have to shut down my system and reboot
[12:28] <+rickf> ewww dag
[12:28] <+jbuch> and I wontend on a negative
[12:31] <+jbuch> not that I won't but don't like to
[12:31] <+rickf> fair 'nuff
[12:39] <+jbuch> Long TF @ 637.6
[12:41] <+jbuch> Exited all TF Long @ 637.4 --> - 0.2
[12:41] <+jbuch> dang
[12:44] <+jbuch> Long TF @ 637.5
[12:45] <+jbuch> got filled at 637.6
[12:47] <@wrbtrader> geeesh
[12:47] <@wrbtrader> right back where I started
[12:47] <+jbuch> Exited all TF Long @ 637.3 --> - 0.2
[12:47] <@wrbtrader> Exited all ES Long @ 1129.00 --> - 1.5
[12:49] <+rickf> this market is going nowhere
[12:49] <+jbuch> getting whooped
[12:50] <@wrbtrader> It's moving between tight trading ranges but that's been the norm for the past year of trading
[12:50] <@wrbtrader> Hopefully this year won't be a "trade only the first hour" and call it quits afterwards.
[12:51] <+jbuch> Shorts TF @ 637
[12:51] <@wrbtrader> Shorts ES @ 1129.00 -> large size
[12:51] <@wrbtrader> 6 only
[12:52] <+rickf> oh that'd be fine, if i could be guaranteed profitable trades that first hour
[12:54] <+jbuch> Covered all TF Short @ 636.2 --> + 0.8
[12:54] <+rickf> vn
[12:54] <@wrbtrader> Emini ES needs to get below the 1128 price area...if not...it starts to become bullish again.
[12:55] <+jbuch> wow what a battle
[12:58] <+jbuch> gotta be aggressive and take your trades that first hour or u might get screwed for the rest of the day.
[12:58] <@wrbtrader> Covered all ES Short @ 1129.00 --> 0
[12:58] <+jbuch> so much harder to trade chop than when it is moving
[12:59] <+jbuch> but u need to be quick on your toes to catch your setups when it is moving.
[13:01] <+jbuch> I used to always sit on the sidelines when the market was moving and got aggressive when sideways.
[13:03] <@wrbtrader> We've spent most of the trading day "within" the range of the upper 1/3 of yesterday's price action.
[13:03] <@wrbtrader> Most of that on "declining volatility".
[13:07] <@wrbtrader> Shorts ES @ 1129.00 -> large size
[13:07] <@wrbtrader> 6 only
[13:07] <@wrbtrader> what the heck is keeping this thing up
[13:12] <+jbuch> Shorts ES @ 1128.75
[13:18] <+jbuch> brutal
[13:19] <@wrbtrader> Other key markets drops further via a WRB while Emini ES did not.
[13:19] <+jbuch> yup
[13:19] <@wrbtrader> It's got to do a little catching up
[13:20] <+jbuch> tick moving up
[13:21] <+jbuch> will exit and reverse at 1129.25
[13:21] <+jbuch> run baby
[13:22] <@wrbtrader> Finally a WRB to try to catch up with the others
[13:22] <+jbuch> if we can get below 28 might getsome legs
[13:24] <+jbuch> exit stop set ES @ 1128.5
[13:28] <@wrbtrader> Covered all ES Short @ 1127.75 --> + 1.25
[13:29] <+codehead> 08:33 codehead: symmetry at 1127.00
[13:29] <+codehead> 08:33 codehead: should get there
[13:29] <+codehead> 2 hours later
[13:30] <+jbuch> Covered all ES Short @ 1127.75 --> + 1
[13:31] <+jbuch> phew lot of work for 1 point
[13:33] <+codehead> oil new lod
[13:40] <+AndyES> Long EC @ 1.4360 «« simulator »»
[13:42] <+AndyES> Exited all EC Long @ 1.4356 --> - 0.0004 «« simulator »»
[13:42] <@wrbtrader> Long ES @ 1128.50 -> large size
[13:42] <@wrbtrader> 6 only
[13:52] <@wrbtrader> Exited all ES Long @ 1128.25 --> - 0.25
[13:58] <Tigerman> Hi All
[14:00] <+Tigerman> Long ES @ 1128 «« simulator »»
[14:01] <+Tigerman> limit order filled
[14:01] <+Tigerman> after a life...
[14:01] <+Tigerman> I was tempted to rise it to 1128.25
[14:02] <@wrbtrader> Long ES @ 1128.50 -> large size
[14:02] <@wrbtrader> 6 only
[14:05] <+Tigerman> I have to exit
[14:06] <+Tigerman> Exited all ES Long @ 1128.25 --> + 0.25 «« simulator »»
[14:09] <@wrbtrader> Exited all ES Long @ 1127.75 --> - 0.75
[14:10] <@wrbtrader> Shorts ES @ 1127.50 -> large size
[14:10] <@wrbtrader> 9 only
[14:11] <+AndyES> Long EC @ 1.4355 «« simulator »»
[14:11] <+AndyES> Exited all EC Long @ 1.4350 --> - 0.0005 «« simulator »»
[14:16] <+AndyES> Long EC @ 1.4351 «« simulator »»
[14:16] <@wrbtrader> so much of a fight to stay within that low volatility tight trading range
[14:17] <@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.
[14:24] <@wrbtrader> Covered all ES Short @ 1126.50 --> + 1
[14:24] <+AndyES> Exited 2/3 EC Long @ 1.4355 --> + 0.0004 «« simulator »»
[14:25] <@wrbtrader> In hindsight...it always looks so obvious...bearish around 11am est
[14:26] <@wrbtrader> Unfortunately I had some family distractions that prevented me from being around to trade at that time
[14:28] <+AndyES> Exited 1/4 EC Long @ 1.4357 --> + 0.0006 «« simulator »»
[14:30] <+jbuch> whats ec Andy
[14:30] <+rickf> euro fx spot i think
[14:30] <+AndyES> yes
[14:30] <+AndyES> 6e
[14:31] <+AndyES> or eu
[14:31] <+jbuch> right on
[14:31] <+AndyES> :
[14:31] <+AndyES>
[14:31] <+AndyES> volatility is amazing
[14:31] <+AndyES> makes ES...at least for the last couple hours, look like an old maid
[14:31] <+rickf> lol
[14:32] <+jbuch> yeah eu can be fun
[14:35] <+AndyES> I'm trying to get better at reading the tape, and 6e gives me a much better opportunity when es has slowed down
[14:35] <+AndyES> Exited EC Long @ 1.4361 --> + 0.001 «« simulator »»
[14:35] <+AndyES> hld1
[14:37] <@wrbtrader> I saw this level before and got hit with a -0.25 loss
[14:37] <@wrbtrader> Long ES @ 1128.50 -> large size
[14:37] <+rickf> Es is still flat. yawwwwn
[14:37] <@wrbtrader> 9 only
[14:38] <@wrbtrader> too bad I was too slow (updating some notes) to get long around the 1127 level
[14:38] <+jbuch> was just thinking that myself
[14:40] <+rickf> great minds think alike
[14:40] <+jbuch> lol
[14:40] <@wrbtrader> It's just one of those trading days the market is tough when a few good trade opportunities are missed.
[14:41] <@wrbtrader> Tomorrow is another day.
[14:42] <@wrbtrader> We're at a price level now that if it's going to fail...it's here.
[14:44] <+Nesi> Covered all ES Short @ 1128.00 --> + 1
[14:44] <+AndyES> Long EC @ 1.4358 -> Add «« simulator »»
[14:48] <+AndyES> Exited all EC Long @ 1.4360 --> + 0.0011 «« simulator »»
[14:52] <+AndyES> Shorts EC @ 1.4364 «« simulator »»
[14:53] <@wrbtrader> Exited all ES Long @ 1129.25 --> + 0.75
[14:53] <+jbuch> wrbtrader if you had taken that same trade in TF you would gotten up about $100 per contract. instead of 37.5
[14:54] <+jbuch> I hate to learn the nuances of a new index but TF might be worth it.
[14:54] <rickf> JB - I'm with ya
[14:54] <@wrbtrader> Yeah because I trade TF a little different than ES in that I tend to hold TF trades longer than ES trades.
[14:54] <+rickf> but then i look at the number of folks trading YM or ES versus TF or 6E and it's lightyears apart
[14:55] <+rickf> whicih suggests less 'gaming' perhaps? more chance of getting nice trending?
[14:55] <+AndyES> Covered all EC Short @ 1.4363 --> + 0.0001 «« simulator »»
[14:56] <+jbuch> I don't know ES is worthless when vol is light.
[14:57] <+jbuch> reminds me of EU whenit picks a direction it moves
[14:57] <+rickf> TF has 70K contracts today, 6E 211K, ES 1.1M
[14:57] <+rickf> tho i guess if you are good at the market you are trading and trade well you can do it in any market or contract
[14:57] <+jbuch> yeah very light
[14:58] <+jbuch> couldn't do much size on it but that is not a problem for me unfortunetly.
[14:59] <+AndyES> yea, 6e really limits the number of paper contracts I can trade
[14:59] <+jbuch>
[15:00] <+jbuch> by games Rick do u men less program trading.
[15:00] <+rickf> yeah
[15:00] <+rickf> and institutions
[15:00] <+jbuch> yeah probably to small
[15:01] <+rickf> there should be a contract for us little ppl to have all to ourselves
[15:01] <+rickf> and i dont mean the idiotic micro-fx future contracts either
[15:01] <+AndyES> Shorts EC @ 1.4368 «« simulator »»
[15:02] <+jbuch> I look for the institutions in ES when I don't see big vol Ithink that it is going to be choppy.
[15:05] <@wrbtrader> Long ES @ 1129.75 -> large size
[15:06] <@wrbtrader> 9 only
[15:06] <@wrbtrader> intuition
[15:07] <@wrbtrader> Volatility is still low but slowly rising since 1pm est
[15:09] <@wrbtrader> All of my trades today have been between 1130.50 - 1127.00
[15:09] <@wrbtrader> Not much to play with for such a tight range of trades.
[15:10] <@wrbtrader> Main problem was being forced to exited "early" a Long position and then missing a big Short signal...both for family reasons.
[15:10] <@wrbtrader> Had I not missed that...the range of my trades would have been much larger
[15:15] <@wrbtrader> We're due here soon for a volatility spike...
[15:15] <@wrbtrader> Hopefully it takes prices higher instead of lower.
[15:16] <@wrbtrader> Exited all ES Long @ 1129.75 --> 0
[15:17] <+AndyES> Covered all EC Short @ 1.4367 --> + 0.0001 «« simulator »»
[15:20] <+Nesi> Long ES @ 1130.25
[15:31] <+codehead> short Ym 10498, 10501 stop
[15:32] <+codehead> took 2 ticks
[15:32] <rickf> Zzzzzzzzzz
[15:32] <+codehead> 10499 is .618
[15:32] <@wrbtrader> Long ES @ 1131.00 -> large size
[15:33] <@wrbtrader> 9 only
[15:33] <@wrbtrader> intuition
[15:34] <@wrbtrader> Emini ES above yesterday's highs and volatility is increasing.
[15:35] <@wrbtrader> If it starts to contract...I only want to see such above 1131.50
[15:35] <@wrbtrader> That could set it up for a move above 1132 level
[15:36] <@wrbtrader> It's trying to contract now
[15:41] <@wrbtrader>
[15:42] <@wrbtrader> Exited all ES Long @ 1132.25 --> + 1.25
[15:44] <@wrbtrader> Trading goes so much smoother when volatility is rising in comparison to flat lined volatility.
[15:44] <+codehead> nice
[15:44] <@wrbtrader> Declining volatility is ok if it's declining fast.
[15:54] <@wrbtrader> Bearish over the past few minutes but ES is
hard to stay above 1131.50
[15:57] <@wrbtrader> Long ES @ 1131.75 -> small size
[15:57] <@wrbtrader> 3 only
[16:00] <@wrbtrader> Exited all ES Long @ 1132.00 --> + 0.25
[16:00] <+rickf> blergh
[16:00] <+rickf> tomorrow i'll paint my wall and watch it
[16:00] <@wrbtrader> wanted 1132.50 but not enough volatility to get me there
[16:00] <@wrbtrader> Maybe later but I need to go now.
[16:00] <+rickf> obama on in a few mins -- talking about airport security
[16:01] <@wrbtrader> That's the 2nd early exit of the day...take care all and talk to all tomorrow.
[16:01] <+rickf> see you tomorrow
[16:01] <+Tigerman> I go see all tomorrow
[16:02] <+AndyES> cya
[16:03] <+codehead> NR7 day
[16:13] <+werner> gn all
[16:20] <@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: Tue Jan 05 18:37:17 2010
-------------------------
#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
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#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.
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)
@
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