#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.
This is not a signal calling chat room nor is the chat room designed to be educational. #FuturesTrades is 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. Yet, you will see members providing useful
trading tips that may or may not help with your trading.
Therefore, we welcome all traders with their own methods or different perspective of the markets as long as they do not violate our
Terms of Use (TOU) Policy.
Thanks for reading the trades or market commentaries that's below and it's highly recommend you make reading of the logs a part of your trading routine because you will sometimes find useful
trading tips not discussed anywhere else online nor in any books.
Posted by M.A. Perry
Trader and Founder of
WRB Analysis (wide range body analysis)
------------------------
Session Start: Wed Jan 13 09:21:19 2010
Session Ident: #FuturesTrades
[09:21] * Now talking in #FuturesTrades
[09:21] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:21] <werner> ok wrbtrader
[09:22] <@wrbtrader> Good morning all.
[09:25] <Forex2stay> morning everyone
[09:26] <rickf>
[09:26] <+werner>
[09:29] <+werner> Exited all NQ Long @ 1867.50 --> + 2
[09:29] <drt>
[09:30] <jbuch> morning everyone
[09:30] <+werner>
[09:30] <+rickf> hi jb, werner, all
[09:31] <+rickf> long 6E 1.4550
[09:34] <+jbuch> Shorts ES @ 1135.75
[09:35] <@wrbtrader> I have a bullish bias...just waiting for something to bite on
[09:36] <@wrbtrader> support area pierced
[09:37] <@wrbtrader> I'm now back to neutral
[09:37] <+jbuch> Covered all ES Short @ 1134.75 --> + 1
[09:38] <+jbuch> jumpy
[09:39] <@wrbtrader> Shorts TF @ 635.20 -> small size
[09:39] <@wrbtrader> 1 only
[09:39] <+drt> l es 34
[09:40] <@wrbtrader> Shorts TF @ 635.00 -> Add
[09:40] <@wrbtrader> 2 only
[09:41] <+drt> cl es 34.50
[09:43] <@wrbtrader> Looks like the current speech/testimony on financial networks has the markets on hold right now
[09:45] <@wrbtrader> Covered all TF Short @ 634.90 --> + 0.4
[09:45] <+jbuch> Long ES @ 1134.75
[09:46] <+werner> Shorts NQ @ 1866.00
[09:47] <@wrbtrader> going nowhere...sidelined
[09:47] <AndyES> nice entry, jb
[09:48] <@wrbtrader> I'm bullish again
[09:49] <@wrbtrader> Long TF @ 636.10 -> small size
[09:49] <@wrbtrader> 3 only
[09:49] <+jbuch> Exited all ES Long @ 1135 --> + 0.25
[09:50] <+werner> Covered all NQ Short @ 1863.00 --> + 3
[09:53] <@wrbtrader> Resistance area near 637.50
[09:55] <+werner> ym is leading 623 is yesterdays high all ses
[09:55] <Nesi> hi all
[09:56] <+werner> Long NQ @ 1863.25
[09:56] <+Nesi> Shorts ES @ 1134.75
[09:56] <+werner> Exited all NQ Long @ 1865.00 --> + 1.75
[09:58] <+AndyES> Shorts NQ @ 1863 «« simulator »»
[09:58] <@wrbtrader> Exited all TF Long @ 635.50 --> - 0.6
[09:58] <+jbuch> Shorts ES @ 1134
[10:01] <+AndyES> Covered 3/4 NQ Short @ 1861.5 --> + 1.5 «« simulator »»
[10:01] <+rickf> long 6e 1.4540 (add)
[10:02] <+jbuch> Covered all ES Short @ 1134.25 --> - 0.25
[10:03] <+jbuch> pussed out
[10:07] <+rickf> out 1.4532 - 12
[10:08] <@X> #FuturesTrades Info -> No
s, no head traders. Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended. More info about the chat room @
http://www.thestrategylab.com/ftchat/forum[10:08] <+AndyES> Covered 1/4 NQ Short @ 1857.5 --> + 5.5 «« simulator »»
[10:08] <+AndyES> hld1
[10:10] <@wrbtrader> Russell at another weak support level
[10:11] <@wrbtrader> Shorts TF @ 633.00 -> small size
[10:11] <@wrbtrader> 3 only
[10:11] <@wrbtrader> missed the 2nd attempt at the first weak support level
[10:14] <+jbuch> Shorts ES @ 1131.75
[10:14] <@wrbtrader> Covered all TF Short @ 632.90 --> + 0.1
[10:16] <@wrbtrader> price action stuck at the support
[10:16] <TraderG> oil news @ 10:30
[10:17] <@wrbtrader> Shorts TF @ 632.20 -> small size
[10:17] <@wrbtrader> 3 only
[10:18] <@wrbtrader> Last weak support level
[10:18] <@wrbtrader> If it breaks...TF should see 630 area
[10:18] <+Nesi> watching if 1127.50 on ES is taking out today
[10:18] <+jbuch> Covered all ES Short @ 1130.5 --> + 1.25
[10:19] <@wrbtrader> The levels are tight today (not much room in between)
[10:19] <+AndyES> Covered Remainder NQ Short @ 1855 --> + 8 «« simulator »»
[10:19] <@wrbtrader> That allows that creeper price action to show up.
[10:20] <@wrbtrader> Geeesh...President now on TV financial networks.
[10:20] <@wrbtrader> Markets may stall again
[10:21] <@wrbtrader> 630.80 is the low of the current weak support area
[10:21] <+rickf> long 63 1.4500
[10:21] <@wrbtrader> That's yesterday's low
[10:22] <+werner> tf 630.80 = yesterdays lod
[10:22] <@wrbtrader> current trade is an intution
[10:22] <+AndyES> Long NQ @ 1854.75 «« simulator »»
[10:22] <+werner> Long NQ @ 1854.50
[10:23] <+AndyES> Exited 1/2 NQ Long @ 1855.75 --> + 1 «« simulator »»
[10:24] <+werner> Exited all NQ Long @ 1856.00 --> + 1.5
[10:25] <+AndyES> Exited 1/4 NQ Long @ 1856 --> + 1.25 «« simulator »»
[10:25] <+rickf> exit 6e 1.4502 +2
[10:25] <+rickf>
[10:26] <+AndyES> Exited Remainder NQ Long @ 1853 --> - 1.75 «« simulator »»
[10:26] <+AndyES> Long NQ @ 1854.75 «« simulator »»
[10:27] <+AndyES> Exited 1/2 NQ Long @ 1855.75 --> + 1 «« simulator »»
[10:29] <@wrbtrader> Gold and Oil trying hard to find some legs now
[10:29] <+AndyES> Exited 1/4 NQ Long @ 1857 --> + 2.25 «« simulator »»
[10:29] <@wrbtrader> time to look for an exit in TF
[10:29] <+AndyES> hld1
[10:30] <+rickf> oil news soon
[10:30] <@wrbtrader> yep
[10:30] <@wrbtrader> going to get hot a little now
[10:31] <@wrbtrader> Oil lost its support
[10:32] <+werner> es 1126.5 / 1128.50 prev yearly high maybe sup there again
[10:33] <@wrbtrader> Covered all TF Short @ 632.10 --> + 0.1
[10:34] <@wrbtrader> Long TF @ 632.50 -> small size
[10:34] <@wrbtrader> 2 only
[10:34] <@wrbtrader> volatility declining...lowering my position size
[10:34] <+rickf> long 6e 1.4502
[10:36] <+werner> wow 630.80 nice bounce
[10:38] <@wrbtrader> Yeah...had it dropped two more ticks...I would have exited my short at a nice little profit.
[10:38] <+AndyES> Exited Remainder NQ Long @ 1860.5 --> + 5.75 «« simulator »»
[10:38] <@wrbtrader> Too bad we don't have "instant replay" in trading to give us a second chance on a prior trade
[10:39] <@wrbtrader> I would have dumped at 630.80
[10:39] <+rickf> for real? yeah no kidding
[10:39] <+werner>
[10:39] <+werner> must go now ....
[10:39] <@wrbtrader> Past few trades 0.10 is not my goal for the day
[10:42] <@wrbtrader> Exited all TF Long @ 632.80 --> + 0.3
[10:42] <+jbuch> gotta love these down moves the last 2 days 2 of the best trends that we have had in weeks.
[10:42] <@wrbtrader> getting nowhere fast
[10:42] <@wrbtrader> However, price action still bullish and will be looking for a re-entry as an intuition trade
[10:46] <@wrbtrader> Long TF @ 633.70 -> small size
[10:46] <@wrbtrader> 2 only
[10:51] <+jbuch> Shorts ES @ 1131.25 -> small size
[10:54] <+rickf> rciy 6e 1.4507 +5
[10:54] <+rickf> exit 6e 1.4507 +5
[10:54] <+rickf> back later
[10:55] <+codehead> oil pop
[10:55] <+AndyES> Long NQ @ 1861 -> small size «« simulator »»
[10:56] <+AndyES> Exited 1/2 NQ Long @ 1862 --> + 1 «« simulator »»
[10:56] <+jbuch> Covered all ES Short @ 1132.25 --> - 1
[10:57] <@wrbtrader> trail active now
[10:57] <+AndyES> Exited 1/4 NQ Long @ 1862.5 --> + 1.5 «« simulator »»
[10:57] <+AndyES> hld1
[10:57] <@wrbtrader> Exited all TF Long @ 633.90 --> + 0.2
[10:57] <@wrbtrader>
[10:58] <@wrbtrader> I had two cracks at the 1.5 point movement and got barely a few ticks.
[10:58] <@wrbtrader> Be back later...taking a break.
[10:58] * wrbtrader is now known as wrbtrader_away
[11:04] <+jbuch> Shorts ES @ 1132.75
[11:04] <+jbuch> 2 on this one
[11:05] <+AndyES> Exited Remainder NQ Long @ 1860.25 --> - 0.75 «« simulator »»
[11:07] <+jbuch> Covered all ES Short @ 1132.5 --> + 0.25
[11:26] <+jbuch> jeeze look at that pop
[11:30] <+jbuch> Long ES @ 1135.5
[11:33] <+jbuch> Exited all ES Long @ 1135.5 --> 0
[11:36] <+jbuch> Long ES @ 1135.75
[11:49] <+AndyES> am short NQ from 1865.25...paper...out 3 hld 1, but just a few neurotransmitter molecules left
[11:49] <+AndyES> kinda like the last upstream salmon
[11:49] * wrbtrader_away is now known as wrbtrader
[11:51] <+jbuch> 36 is a rock
[11:52] <+AndyES> out last
[11:52] <+AndyES> I remember before the financial meltdown when ES was the conservative vehicle
[11:53] <+AndyES> didn't move much, and the Russell or Nasdaq was the play
[11:53] <+AndyES> then ES became the vehicle of volatility
[11:53] <+AndyES> recently, though, it seems ES has returned to its prior price action
[11:56] <+codehead> long YM 10604 <paper>
[12:00] <+jbuch> move goes to crap as as soon as I enter it.
[12:01] <+jbuch> exit stop moved to breakeven ES @ 1135.75
[12:02] <+jbuch> i can't believe that it came all the way up here not to at least test the HOD
[12:02] <+codehead> exit YM +2 <paper>
[12:04] <+jbuch> big vol
[12:06] <+jbuch> Exited all ES Long @ 1138.5 --> + 2.75
[12:08] <+jbuch> wow that vol is off the charts
[12:11] <+jbuch> I have 220,000 in that 1 min break out bar does anyone else have something sim
[12:12] <+rickf> short es 1137.25
[12:12] <+jbuch> that can't be right
[12:14] <@X> #FuturesTrades Info -> No
s, no head traders. Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended. More info about the chat room @
http://www.thestrategylab.com/ftchat/forum[12:15] <Sidhartha> same here jbuch
[12:15] <+jbuch> wow
[12:15] <+jbuch> a tyo high vol 1 min bar is about 20,000
[12:16] <+codehead> i have 80,896
[12:16] <+codehead> 1 min
[12:16] <+jbuch> it is not adding up on my vol at price though
[12:18] <+jbuch> my bad yes it is.
[12:18] <+jbuch> don't have a clue what that means but it is interesting.
[12:20] <+werner> back
[12:21] <+Sidhartha> well you can pretty sure someone is gonna try and protect that level now!
[12:22] <+jbuch> yup
[12:22] <+jbuch> the majority is at 1137.5
[12:23] <@wrbtrader> Long TF @ 737.60 -> medium size
[12:23] <@wrbtrader> 3 only
[12:23] <@wrbtrader> correction
[12:24] <@wrbtrader> Long TF @ 637.60 -> small size
[12:25] <@wrbtrader> that's almost a 4 point difference from my last long prior to going on a long break.
[12:25] <@wrbtrader> looks like I picked a bad time to take a break
[12:27] <@wrbtrader> Exited 2/3 TF Long @ 638.80 --> + 1.2
[12:27] <+rickf> exit es 11389.25 -2
[12:28] <+rickf> w...t....f
[12:30] <@wrbtrader> Someone recently asked me how come I stopped giving "Free Seminars" in here
??
[12:30] <@wrbtrader> For several years I use to share some methods for free...not my best stuff...but profitable stuff.
[12:30] <@wrbtrader> On the condition it doesn't get shared with anyone else that's not a member of #FuturesTrades.
[12:31] <@wrbtrader> that worked well for a few years until I started seeing a few blogs calling it their own along with using my exact quotes without mentioning me.
[12:32] <@wrbtrader> Next, I got a few emails from a few folks that explain why they left #FuturesTrades...
[12:32] <@wrbtrader> They said I didn't share any of my methods
[12:32] <+rickf> sheesh
[12:32] <@wrbtrader> Anyways...I replied via reminding them of the chat log I had of them attending the free method seminars...multiple times...multiple methods.
[12:33] <@wrbtrader> No replies from them after that
[12:33] <@wrbtrader> Anyways...that explains why a few long time members have left.
[12:33] <@wrbtrader> Wouldn't want them back based upon that behavior
[12:34] <+rickf> well you hve a good core group of other oldtimers still here, for better or worse
[12:35] <@wrbtrader> Yep
[12:37] <@wrbtrader> FYI - Just a reminder that #FuturesTrades will eventually be moved to a private twitter group so that each member can better manage who sees what they post along with having access to #FuturesTrades via multiple different ways (computer, cell phone, ipod, blackberry et cetera) via anything that supports twitter or tweet messages.
[12:38] <+rickf> really? guess i need to get back into twitter @ some point then. thx for heads up
[12:38] <@wrbtrader> There will also be LESS disconnections and log on problems in comparsion to IRC.
[12:39] <+Sidhartha> yes... that's cool.
[12:39] <+Sidhartha> probelm with mIRC is that if your on wireless and you get a drop out even for a fraction of a second, you get disconnected...
[12:40] <@wrbtrader> true
[12:43] <+werner> es 1141.75 +prev weekly high maybe some res here
[12:43] <+werner> 1141.75 = prev ....
[12:44] <+werner> tf 640.10 is yesterdays hod here
[12:47] <@wrbtrader> Anybody watching the Morgan Stanley Inquiries on TV...amazing stuff.
[12:47] <@wrbtrader> Those guys were selling the stuff and at the same time betting the stuff wouldn't work
[12:48] <@wrbtrader> 40 billion dollars worth they were betting it wouldn't work
[12:49] <@wrbtrader> Someone gave the analogy it's like selling us insurance and than shorting for a profit that we'll get into an accident
[12:49] <@wrbtrader> geeesh
[12:49] <TradeLancer> Shorts TF @ 640.2 «« simulator »»
[12:49] <+TradeLancer> 2
[12:49] <+Sidhartha> yeah GS did loads of that also
[12:49] <+TradeLancer> Covered 1/2 TF Short @ 639.7 --> + 0.5 «« simulator »»
[12:50] <@wrbtrader> The more I learn...the more I understand why the financial system collapse.
[12:52] <MK> Covered all ES Short @ 1129 --> + 17.25 «« simulator »»
[12:52] <+TradeLancer> Covered Remainder TF Short @ 639.5 --> + 0.7 «« simulator »»
[12:52] <+MK> exit yesterday
[12:53] <@wrbtrader> nice...very nice
[12:54] <+jbuch> just thinking about how they manipulated the market drives me freaking nuts.
[12:55] <+rickf> indeed ... and then the 'news' that GS was front-running for its traders. like, DUH
[12:56] <+jbuch> they say that they have paid it off with interest so it is all good but we are still on the hook for their hedge AIG.
[13:00] <+Sidhartha> the banking industry is basically legalised racketeering... that has never been clearer to me
[13:00] <@wrbtrader> Maybe that was the big plan...watch the weaker companies not get bailed out...instead they then get saved under the "it's too big to let fail" concept and then get record profits
[13:01] <@wrbtrader> Sounds like the Mafia
[13:01] <+jbuch> and now that all the damage is done our fearless leaders who are mainly all former, jp, citi and gs executives are busily setting up regs that aren't really affecting the big boys but are running their only competitors(the small to mid size banks) out of business
[13:01] <@wrbtrader> Bingo
[13:02] <+Sidhartha> and we now have more 'too big to fail' institusions than we had before the debacle began...
[13:04] <+jbuch> watched food inc last week same shit in that area all the govt. officials who are supposed to be regulating the industry are all former employees or lobbyists.
[13:06] <+rickf> and more to come i bet ... was reading the amt of commercial mortgatges coming due over the next 5 years ... staggering numbers
[13:06] <+rickf> so expect more shell games w/the banks and 'regulators'
[13:06] <+werner>
http://chart.ly/q9q84e[13:08] <+jbuch> My wife is in the health industry and she says the exact same thing is true about people who regulate the health care industries.
[13:10] <+rickf> the regulators are owned by those they 'regulate'
[13:10] <+jbuch> the system is broken at every level and will require a complete melt down in order to fix it.
[13:11] <+jbuch> so much for voting for freaking change.
[13:11] <+rickf> yup....how sad is that
[13:11] <+rickf> change = more of the same stuff, only thing that changed is the party affiliation
[13:11] <+rickf> the party activities are pretty much the same
[13:12] <+jbuch> it is all the same exact crap as it always has been.
[13:12] <+jbuch> I have a buddy of mine who is a congressman for NM
[13:13] <+jbuch> heused to work for my wife as a biologist
[13:13] <+Sidhartha> I actually don't think any one person can chnage the system... it's too big a job for one man. the monster is so big it's like a fly hitting a windscreen
[13:13] <+rickf> no system will change the system that enables itself to remain in power
[13:13] <+jbuch> we are greenies but this guy puts us to shame
[13:14] <+jbuch> he got elected yhe same time that Obama did went to washington wiith all this hope.
[13:15] <+rickf> yup .. hope dont float, as my old diving instructor used to say
[13:15] <+jbuch> but he can't get a damn thing done all they do is argue and debate the vast majority don't want to change a damn thing
[13:17] <+jbuch> phewww allright letting it go .
[13:17] <+rickf> lol
[13:17] <+jbuch> getting angry about that is about as effective as getting angry about the weather.
[13:18] <+jbuch> I agree with u sid and always felt that
[13:22] <+Sidhartha> jbuch... changing the subject... you mentioned you use volume at price... what do you chart with...
I've been trying to integrate some VAP charts into my trading... but can't quite seem to find the value in them at the moment...
[13:24] <+jbuch> Long ES @ 1139
[13:26] <+jbuch> II use them as suport or resistance if we break above or below them and as a target if we are moving towards them.
[13:29] <+Sidhartha> what do you chart with...
[13:30] <+jbuch> TS
[13:30] <+Sidhartha> ok thanks
[13:32] <+jbuch> BU DON'T THINK THAT U REALLY NEED IT i MAINLY JUST LOOK AT THOSE TIGHT RANGE CONSOLIDATION AREAS
[13:33] <+Sidhartha> well, I have an interest in market profile generally... just seeing if I can get something from something more simple like VAP
[13:33] <+jbuch> think we are in 1 now
[13:35] <+MK> looks like we may see 1143
[13:35] <@wrbtrader> TF looking bullish again
[13:35] <+codehead> 1142.50 is gap fill
[13:36] <@wrbtrader> via the 15min chart
[13:36] <@wrbtrader> However, it's very close to a resistance area
[13:36] <+jbuch> Exited all ES Long @ 1140 --> + 1
[13:37] <+codehead> beige book top of the hour
[13:37] <+werner> Shorts NQ @ 1880.75
[13:37] <+jbuch> gonna regret that exit I think
[13:37] <+codehead> bird in hand worth 2 in buch
[13:38] <+codehead> er, i mean bush
[13:38] <+jbuch> lol
[13:38] <+codehead> ;-)
[13:38] <+codehead> YM stalling out
[13:38] <+codehead> NQ strong
[13:43] <+jbuch> read quite a bit of auction market theory (market profile) I like it but it is a complete system and I like my system so just took what made sense to me.
[13:43] <+jbuch> no of it matters though
[13:44] <+codehead> i did a trial on some software for that... 4 week free trial, but i never found the time to really understand it--was complex program
[13:45] <+codehead> market delta i think it was
[13:45] <+codehead> 30 day free trial, yeah that's it
[13:45] <+jbuch> the only thing that matters is that u don't fight a strong trend and you have small losses and patience with your winners.
[13:46] <+jbuch> market delta looks cool
[13:46] <+codehead> small losses today, but equally small winners--last trade was long 3 ticks form the bottom in YM :-/
[13:47] <+codehead> YM stuck
[13:47] <+codehead> NQ still marching up
[13:47] <+codehead> has gap fill soon
[13:47] <+codehead> may be setup fro beige book
[13:48] <+jbuch> small losses and small winners equals slow death by commisions.
[13:48] <+jbuch> would rather go out in a blaze and get it over with.
[13:48] <+MK> Shorts ES @ 1139.75 «« simulator »»
[13:50] <+rickf> short es 1140
[13:50] <+rickf> late
[13:54] <+werner> Covered all NQ Short @ 1879.00 --> + 1.75
[13:54] <+werner> sorry late call
[13:54] <+Sidhartha> the more I have traded my own money, the more I have realised that good trade management really is a large part of any edge...
[13:54] <+Sidhartha> so I agree jbuch
[13:55] <+werner> i went to take a whisky
[13:55] <+TraderG> Beige book @ 2PM
[13:56] <+werner> its 8 pm here
[13:56] <+werner> lol
[13:56] <+rickf> exit 1139 +1
[14:00] <+jbuch> Long ES @ 1139.25
[14:03] <+jbuch> Exited all ES Long @ 1140.25 --> + 1
[14:07] <+werner>
http://chart.ly/s2xm3s $NQ_F - nice res there imo 1881.50 prev yearly high
[14:07] <+jbuch> I have recently moved up my position size if I don't adapt and get over the stress will be dead in a year
[14:07] <@wrbtrader> Long TF @ 639.50 -> small size
[14:07] <@wrbtrader> 3 only
[14:07] <@wrbtrader> punks
[14:07] <@wrbtrader> got screwed on that fill
[14:08] <+werner>
[14:10] <+rickf> short es 1139.25
[14:10] <@wrbtrader> triangle formation in TF and I wanted to be in at the bottom of that triangle instead of in the middle
[14:11] <+codehead> YM traded 26 contracts in 1 min :-/
[14:12] <+codehead> ES 357
[14:12] <+AndyES> Shorts NQ @ 1879.5 «« simulator »»
[14:12] <+AndyES> Covered all NQ Short @ 1880.5 --> - 1 «« simulator »»
[14:15] <+AndyES> Shorts NQ @ 1880 «« simulator »»
[14:17] <@X> #FuturesTrades Info -> No
s, no head traders. Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended. More info about the chat room @
http://www.thestrategylab.com/ftchat/forum[14:17] <+jbuch> just read about the haitian earthquake horrible.
[14:17] <@wrbtrader> Yeah...it was a big one.
[14:18] <@wrbtrader> I've been in a few earthquakes when I lived in Seattle...their scary.
[14:18] <+jbuch> maybe over 100000 dead
[14:18] <+jbuch> was in one in Alaska thoght there was a grizlly on my roof
[14:19] <+AndyES> Shorts NQ @ 1880.5 -> Add «« simulator »»
[14:19] <+rickf> 500K according to AP estimates
[14:20] <+jbuch> wow
[14:20] <+jbuch> can't even begin to fathom.
[14:21] <+rickf> remember asian tsunami ... was prolly just as bad
[14:23] <+AndyES> Covered all NQ Short @ 1880.5 --> - 0.5 «« simulator »»
[14:23] <+codehead> mkt coma
[14:24] <+TradeLancer> wedging, sideways @ his?
[14:24] <+TradeLancer> highs
[14:25] <+werner> Shorts NQ @ 1881.00
[14:30] <+codehead> NQ gap filled
[14:31] <+werner> Shorts NQ @ 1183.00 -> Add
[14:31] <@wrbtrader> I actually have 4 contracts and not 3 contracts...have 1 open contract from a prior Long @ 1223pm - 1227pm est
[14:31] <+werner> brb
[14:31] <+codehead> YM stuck
[14:34] <@wrbtrader> Exited TF Long (one contract) @ 641.00 -> +3.4
[14:34] <+codehead> nice
[14:34] <@wrbtrader> still holding the recent 3 contract Long position
[14:34] <+werner> nice
[14:36] <+rickf> vn
[14:37] <+werner> 641.00 = yesterdays hod all ses
[14:37] <+rickf> exit es 1140 -.75
[14:39] <+AndyES> Shorts NQ @ 1883.25 «« simulator »»
[14:39] <+werner> nq 1883.75 = yesterdays hod all ses too
[14:42] <+AndyES> Covered 1/2 NQ Short @ 1882 --> + 1.25 «« simulator »»
[14:43] <+jbuch> maybe another small wedge at the top of the big one
[14:44] <+AndyES> Covered Remainder NQ Short @ 1884 --> - 0.75 «« simulator »»
[14:44] <+jbuch> missed that train
[14:45] <@wrbtrader> trail stop active now
[14:46] <+jbuch> Long ES @ 1140.75
[14:46] <+jbuch> 1 only
[14:49] <+werner> 41.75 prev weekly high here
[14:49] <+werner> es
[14:50] <@wrbtrader> Exited TF Long @ 641.60 --> + 2.1
[14:50] <@wrbtrader> Holding 1 contract remainder
[14:50] <+jbuch> Exited all ES Long @ 1141.75 --> + 1
[14:51] <+jbuch> nice trading N
[14:58] <+jbuch> hey OIC
[14:59] <+codehead> ES gap filled
[15:00] <+werner> Covered all NQ Short @ 1885.25 --> - 706.5
[15:00] <+werner> ai
[15:01] <@wrbtrader> Exited Remainder TF Long @ 642.30 --> + 2.8
[15:01] <+AndyES> Shorts ES @ 1142 «« simulator »»
[15:02] <+werner> thats a -6.5
[15:04] <+werner> dam add
[15:05] <+rickf> "trading against your clients = 'hedging the house account'" i just heard
[15:05] <+rickf> lol
[15:06] <+jbuch> bummer wener
[15:06] <+AndyES> physician: poisoning some patients so more medicine is available for others
[15:06] <+rickf> ack
[15:08] <+jbuch> he is a hack or ur back rickf
[15:08] <+jbuch> or are u choking.
[15:08] <+rickf> that was me doing my bill the cat impression via chat --- ack!
[15:08] <+AndyES> lol
[15:08] <+jbuch> choking it is
)
[15:08] <+rickf>
[15:09] <OICU812> hey guys
[15:09] <+OICU812> hows the day going?
[15:09] <+rickf> meh
[15:10] <+jbuch> good here
[15:10] <+OICU812> glad to hear
[15:10] <+jbuch> how about yourself
[15:10] <+OICU812> good
[15:11] <+OICU812> 2/3 so far
[15:11] <+OICU812> and a short now that we will see how it turns out
[15:11] <+OICU812> short the am at 36 long at 32 then the stop
[15:11] <+OICU812> and now short
[15:12] <+jbuch> very nice
[15:15] <+jbuch> I fought that move up for lil bit got on board for the pop though.
[15:16] <+jbuch> strong move down faked me out
[15:17] <+jbuch> and then the ever popular V bottom.
[15:17] <+OICU812> looks like im going to get stopped out again, if i do thats it for me today
[15:17] <+OICU812> good day
[15:27] <+AndyES> Covered all ES Short @ 1143 --> - 1 «« simulator »»
[15:29] <+OICU812> thats it for me today, have a good one guys
[15:32] <+jbuch> u to
[15:34] <+jbuch> man what a push
[15:39] <+jbuch> wow who'd of thunk 2 OICU81
[15:40] <OICU813> lol
[15:40] <+OICU813> having internet issues
[15:40] <+OICU813> anyone here has TS?
[15:40] <+OICU813> was trying to log in to their website and i think its down
[15:40] <+werner> yep
[15:41] <+jbuch> r u oic1812's alter ego
[15:41] <+OICU813> the evil twin
[15:41] <+jbuch>
[15:41] <+jbuch> I have TS np here
[15:41] <+rickf> the jinxed one, no doubt
[15:45] <+rickf> long es 1143.25
[15:46] <+OICU813> their website jb?
[15:46] <+OICU813> platform working here but not the website
[15:47] <+jbuch> sorry just saw
[15:47] <+jbuch> yeah pulled up their website
[15:47] <+OICU813> hmmmm wonder why its not working here
[15:50] <+rickf> exit 1143.25 b/e
[15:57] <+AndyES> 1884.25
[15:57] <+AndyES> long
[16:00] <+AndyES> Covered all NQ Short @ 1883.25 --> - 741.25 «« simulator »»
[16:00] <+AndyES> -1
[16:05] <+AndyES> gn all
[16:16] <+werner> gn all
[16:23] <@X> #FuturesTrades Info -> No
s, no head traders. Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended. More info about the chat room @
http://www.thestrategylab.com/ftchat/forumSession Close: Wed Jan 13 19:12:08 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
#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.
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
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