##TheStrategyLab Price Action Chat Room Logs

#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: Thu Jan 28 09:15:29 2010
Session Ident: #FuturesTrades
[09:15] * Now talking in #FuturesTrades
[09:15] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:16] <rickf> all
[09:16] <Forex2stay> Long EURUSD @ 1.4001
[09:16] <+Forex2stay> buy stop hit
[09:17] <+Forex2stay> sell limit to exit EURUSD long @ 1.4021
[09:17] <+rickf> wow 1.3x on the 6e ... been a while
[09:20] <@wrbtrader> Good morning all.
[09:20] <pat255> N others
[09:22] <jbuch> morning everyone
[09:22] <+pat255>
[09:23] <+rickf> bernake vote @ 1030 today
[09:23] <+rickf> all
[09:23] <@wrbtrader> Thanks rickf...will be watching that 1030am est for any volatility spikes
[09:24] <+rickf> ye hath been warned
[09:24] <@wrbtrader>
[09:26] <+Forex2stay> SL currently 1.3989
[09:29] <drt>
[09:29] <+jbuch> anyone watchthe state of the union
[09:29] <+jbuch> market seemed to like it
[09:30] <Nesi> morning all
[09:30] <+Forex2stay> SL hit
[09:31] <+Forex2stay> Exited all EURUSD Long @ 1.3089 --> - 0.0912
[09:31] <+Forex2stay> wow
[09:31] <+Forex2stay> Exited all EURUSD Long @ 1.3989 --> - 0.0012
[09:32] <+Forex2stay> cancelled all open limit orders
[09:34] <pdays> Shorts TF @ 617.5
[09:34] <TraderG> it looked like a staged show in ancient Rome
[09:34] <+pdays> Covered all TF Short @ 617.0 --> + 0.5
[09:38] <@wrbtrader> Just continuation so far from the 0830am est price action...nowhere to jump in.
[09:40] <+Nesi> Long ES @ 1092.00
[09:41] <+Nesi> Long ES @ 1091.25 -> Add
[09:41] <+TraderG> when is the vote?
[09:42] <@wrbtrader> rickf said around 1030am est
[09:42] <+rickf> yeah
[09:42] <+TraderG> thnks
[09:43] <+rickf> trying to confirm 1030 time
[09:44] <@wrbtrader> $TF_F bounced off one of those range areaa I mentioned yesterday
[09:45] <+Nesi> Exited all ES Long @ 1092.00 --> + 0.75
[09:46] <@wrbtrader> Long TF @ 615.00 -> medium size
[09:46] <@wrbtrader> 4 only
[09:47] <@wrbtrader> trying to catch some follow through before it hits the resistance around 616.00
[09:48] <+Forex2stay> buy stop to enter long EURUSD @ 1.3990
[09:49] <@wrbtrader> Exited all TF Long @ 614.30 --> - 0.7
[09:49] <+Forex2stay> cancelled all open stop orders
[09:50] <+jbuch> Shorts ES @ 1091
[09:50] <+jbuch> chased that
[09:50] <+jbuch> Covered all ES Short @ 1091.25 --> - 0.25
[09:51] <OICU812> Good Morning
[09:51] <@wrbtrader> Shorts TF @ 614.40 -> medium size
[09:51] <@wrbtrader> 4 only
[09:51] <+rickf> missed 6e short by a few ticks
[09:52] <+jbuch> market confused
[09:52] <+Forex2stay> that makes two of us
[09:52] <+jbuch> ))
[09:52] <+jbuch> make that 3
[09:52] <+rickf> lol
[09:52] <+rickf> i mean GRRRR
[09:52] <+jbuch> Shorts ES @ 1091.5
[09:53] <+Nesi> Long ES @ 1091.25
[09:53] <+jbuch> will reverse at 92.25
[09:53] <+jbuch> Covered all ES Short @ 1091.25 --> + 0.25
[09:54] <+Forex2stay> Shorts EURUSD @ 1.3975
[09:55] <+Nesi> Exited all ES Long @ 1090.50 --> - 0.75
[09:56] <+Nesi> Long ES @ 1091.25
[09:56] <+Forex2stay> buy limit to cover EURUSD short @ 1.3953
[09:56] <+jbuch> tough
[09:57] <+jbuch> jeeze
[09:59] <@wrbtrader> Covered all TF Short @ 613.70 --> + 0.7
[09:59] <@wrbtrader> I gave that a lot of breathing room and didn't get what I wanted
[10:00] <+pat255> trend is down but too choppy
[10:01] <+Forex2stay> current SL 1.3990
[10:01] <@wrbtrader> Shorts TF @ 613.50 -> small size
[10:01] <@wrbtrader> 3 only
[10:01] <+Nesi> Exited ES Long @ 1091.00 --> - 0.25
[10:01] <+Nesi> Reverse and Enter Short ES @ 1091.00
[10:01] <@wrbtrader> intuition
[10:02] <+Forex2stay> SL to BE
[10:02] <@wrbtrader> Covered 2/3 TF Short @ 611.80 --> + 1.7
[10:02] <+rickf> nice
[10:02] <+pat255> vn
[10:03] <@wrbtrader> trail @ profit
[10:04] <+Nesi> Covered all ES Short @ 1089.00 --> + 2
[10:05] <+pat255> vn
[10:05] <+rickf> strike that ... they will be doing a few votes starting at 1030, with 1hr of debate on bernanke followed by the cloture vote. so vote likely wont be AT 1030
[10:05] <+Nesi> Long ES @ 1088.50
[10:06] <+rickf> at least according to http://democrats.senate.gov/calendar/2010-01.html
[10:06] <+Forex2stay> Covered 1/2 EURUSD Short @ 1.3959 --> + 0.0016
[10:06] <+Forex2stay> SL BE on remander
[10:06] <+TraderG> a substitute amendment increasing the debt limit to $14.294 trillion
[10:07] <@wrbtrader> Covered Remainder TF Short @ 611.40 --> + 2.1
[10:07] <+TraderG> million, billion, trillion
[10:07] <+TraderG> what's the difference
[10:07] <+TraderG> it's only ink
[10:07] <+TraderG> and some trees
[10:07] <+rickf> further bankrupting our country
[10:08] <+TraderG> ju got it (Spanish accent)
[10:08] <+Nesi> Exited all ES Long @ 1088.50 --> 0
[10:08] <+TraderG> the rise and fall of the American empire
[10:09] <+TraderG> so sad
[10:09] <+TraderG> really
[10:09] <+TraderG> actually I am pissed
[10:09] <+TraderG> pardon mon French
[10:09] <+Nesi> Long ES @ 1087.75
[10:10] <+Nesi> Exited all ES Long @ 1086.75 --> - 1
[10:10] <+Nesi> Long ES @ 1087.00
[10:10] <+Forex2stay> SL moved on remainder to 1.3968
[10:11] <+rickf> miseed that first 6e short and really dont want to chase
[10:11] <+rickf> somehow chasing never works out for me -- i'm like 1 for 6 doing so for any meaningful gain
[10:11] <@wrbtrader> Reminder from Yesterday - High probability chance of a trend day or strong directional price movement within 3 days after a FOMC Announcement. It's one of those "market tendencies" that helps predict trend days and not to go on vacation during those 3 trading days
[10:12] <+pat255> thks N
[10:12] <+TraderG> this looks like chop 2 me
[10:12] <+TraderG>
[10:12] <+TraderG> chopping those who go long
[10:13] <+Forex2stay> limit on remainder 1.3940
[10:13] <@wrbtrader> Unfortunately the big move started around 0830am est when I was eating breakfast with the family
[10:13] <+Forex2stay> so exits set..TP 1.3940...SL 1.3968
[10:13] <+TraderG> at least you were not in the toillet
[10:13] <+TraderG> )))
[10:14] <+TraderG> sorry I am hyper 2day
[10:14] <@wrbtrader> Guess where $TF_F is at now...at that other key contraction range I mention yesterday. The 1st one.
[10:14] <+TraderG> day 9 being positive
[10:15] <+TraderG> (had 2 show off) ;-)
[10:16] <+TraderG> trueth being told - it is sim only
[10:16] <@wrbtrader> Long TF @ 610.90 -> small size
[10:16] <@wrbtrader> 3 only
[10:16] <@wrbtrader> Exact same trade as my other prior Long position.
[10:17] <@wrbtrader> Trying to catch the bound off yesterdays range support.
[10:17] <+Nesi> Exited all ES Long @ 1086.00 --> - 1
[10:18] <+Nesi> Long ES @ 1086.50
[10:18] <@wrbtrader> Exited all TF Long @ 610.60 --> - 0.3
[10:19] <@wrbtrader>
[10:19] <@wrbtrader> no wiggle room via the 3 tick chasing
[10:19] <+jbuch> congrats TraderG
[10:19] <+Forex2stay> Covered Remainder EURUSD Short @ 1.3953 --> + 0.0022
[10:20] <@wrbtrader> Long TF @ 610.70 -> small size
[10:20] <+jbuch> I mean Mr. nerves of steel
[10:20] <@wrbtrader> same trade as before with a better wiggle room to stay in
[10:20] <+jbuch> well played Forex
[10:20] <+pat255> biab
[10:21] <+rickf> vn
[10:21] <+Forex2stay> ty
[10:21] <@wrbtrader> trailing @ profit
[10:22] <@wrbtrader> Exited all TF Long @ 611.40 --> + 0.7
[10:24] * codehead_afk is now known as codehead
[10:24] <+Nesi> Exited all ES Long @ 1086.50 --> 0
[10:25] <+Nesi> Long ES @ 1087.00
[10:25] <+Forex2stay> Euro 6e really looks like it wants to test yesterday's LOD
[10:25] <+rickf> yah
[10:27] <@wrbtrader> All key markets contracting...waiting for a volatility spike from the 1030am est start of the vote process
[10:27] <@wrbtrader> It's trying now
[10:27] <+Nesi> Exited all ES Long @ 1086.00 --> - 1
[10:28] <+Forex2stay> how long will the vote take before results?
[10:28] <+Forex2stay> so will the announce results at 10:30 or start voting at 10:30?
[10:29] <@wrbtrader> seems to be a start not the completion
[10:29] <+Nesi> Long ES @ 1087.00
[10:29] <+Forex2stay> k..ty
[10:31] <+rickf> they may not vote at 1030 ... other votes lined up first according to the schedule
[10:32] <+rickf> knowing the senate i'd say "anytime after 1030" ... they could always move the vote forward if they wanted to
[10:32] <+Forex2stay> possible 5m bear flag trying to set on Euro 6e
[10:37] <+rickf> 1m es eminis moved already today yikes
[10:37] <+rickf> we've had higher es volume in the past week or so i've noticed
[10:38] <+OICU812> am trying a long but its such a crawl up
[10:44] <+Forex2stay> this little up move on Euro 6e was the 3rd Push of a bearish 5m TL. So might be good for a little. Tough trade though cause there is a lot of down momentum.
[10:45] <+rickf> grrr 1 tick to my entry order
[10:45] <+Forex2stay> long or short?
[10:45] <+rickf> s
[10:46] <+rickf> was looking short 6e @ 1.3966 ... came within 1 tick
[10:47] <+Forex2stay> buy stop to enter long EURUSD @ 1.3969
[10:47] <+Nesi> Exited all ES Long @ 1088.25 --> + 1.25
[10:50] <+rickf> sigh ... 6e is teasing me today
[10:51] <+Forex2stay> yeah i feel the same sometimes
[10:56] <+Forex2stay> rick if you would have gotten short at 1.3966, where would your stop be now?
[10:57] <+rickf> honestly i would not have a stop set on this .... a catastrophic one perhaps but not until it had moved far enough into profits that i'd have put a stop at b/e+1
[10:57] <+rickf> then move it as i deemd appropriate
[10:58] <+Forex2stay> k..ty
[10:58] <+rickf> i gave up using automatic stops on the ES ... tho i have a 5 pt catastrophic one just in case
[10:59] <+rickf> on the es once i'm IN a trade and it moves, then I'll drag it down as necessary
[10:59] <+rickf> but i dont like getting stopped out before the trade moves
[10:59] <@wrbtrader> Long TF @ 609.50 -> small size
[10:59] <@wrbtrader> 2 only
[10:59] <@wrbtrader> best steal of the day...lets see if it pays off
[11:00] <+OICU812> trying long here 84.25
[11:00] <@wrbtrader> weak support area here for $TF_F
[11:00] <+rickf> forex .... right now i'd either be out or have my stop at b/e+a few
[11:00] <@wrbtrader> preparing to reverse if needed
[11:00] <@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
[11:01] <@wrbtrader> Exited all TF Long @ 609.70 --> + 0.2
[11:02] <+pat255> dont want to push up
[11:02] <@wrbtrader> taking a quick break to do send some important emails
[11:02] * wrbtrader is now known as wrbtrader_away
[11:02] <+OICU812> hmmmm
[11:03] <+OICU812> does not look so bright to the long side yet
[11:04] <+OICU812> shorted BE on the long
[11:05] <+OICU812> does not look like longs can do much today
[11:06] <+Nesi> Long ES @ 1082.00
[11:10] <+Forex2stay> cancelled all open stop orders
[11:11] <+Nesi> Exited all ES Long @ 1082.25 --> + 0.25
[11:11] <@wrbtrader_away> Long TF @ 607.10 -> small size
[11:12] * wrbtrader_away is now known as wrbtrader
[11:12] <@wrbtrader> 2 only
[11:13] <+OICU812> im also tempted on the long side nesi
[11:13] <+OICU812> but very strong downtrend
[11:14] <+pat255> nice entry N
[11:15] <@wrbtrader> Exited all TF Long @ 607.30 --> + 0.2
[11:16] <@wrbtrader> my trails have been easy pickings the recent two trades
[11:17] <+Forex2stay> buy stop to enter long EURUSD @ 1.3969
[11:19] <@wrbtrader> Shorts TF @ 605.90 -> small size
[11:19] <@wrbtrader> 3 only
[11:19] <@wrbtrader> tough trade
[11:19] <+Forex2stay> cancelled all open stop orders
[11:20] <+Forex2stay> bbiab...phone call
[11:21] <@wrbtrader> Covered 2/3 TF Short @ 604.70 --> + 1.2
[11:21] <@wrbtrader> Covered Remainder TF Short @ 605.00 --> + 0.9
[11:22] <@wrbtrader> messed up that remainder exit...wanted to exit all but forgot I had it at 2/3
[11:23] <+pat255> still did well ...looked tuff to S but worked out
[11:24] <@wrbtrader> Yep
[11:28] <+Forex2stay> buy stop to enter long EURUSD @ 1.3969
[11:29] <+Nesi> Long ES @ 1082.25
[11:31] <+Nesi> Exited all ES Long @ 1080.00 --> - 2.25
[11:34] <+Nesi> Long ES @ 1077.25
[11:34] <+Nesi> Exited all ES Long @ 1076.00 --> - 1.25
[11:35] <@wrbtrader> I think I can officially call this a trend day
[11:35] <+Forex2stay> I think if bears can not break LOD on this run in Euro 6e they might be in trouble.
[11:36] <rickf> NYSE Says Error Delays Delivery of Price Quote Data
[11:37] <+rickf> http://www.bloomberg.com/apps/news?pid= ... xICY&pos=4
[11:37] <+rickf> shouldnt affect us, tho
[11:37] <+Nesi> Long ES @ 1076.00
[11:37] <+Forex2stay> yeah really
[11:39] <+TraderG> IB had a message a while agi 2day that NYSE data is not available
[11:39] <+TraderG> agi=ago
[11:43] <+Forex2stay> Long EURUSD @ 1.3969
[11:45] <+Forex2stay> SL 1.3960
[11:46] <+rickf> short 6e 1.3970
[11:47] <+rickf> i wanted 75
[11:47] <+Forex2stay> Exited 1/2 EURUSD Long @ 1.3981 --> + 0.0012
[11:48] <+Forex2stay> sl to BE on remainder
[11:50] <+TraderG> what happens with Bernie?
[11:51] <@wrbtrader> $NQ_F - tested Dec 2009 lows
[11:53] <+rickf> out 6e 1.3973 -3
[11:53] * +rickf serves me right ...i forced the trade
[11:56] <+Nesi> Exited all ES Long @ 1079.75 --> + 3.75
[11:56] <+pat255> vn Nesi
[11:56] <+Nesi>
[11:56] <+Forex2stay> Exited Remainder EURUSD Long @ 1.3969 --> 0
[11:56] <+pat255> dang u got to think counter after this fall
[11:57] <+Forex2stay> sorry stepped away...SL was hit
[11:57] <+pat255> vn
[11:57] <+rickf> short 6e 1.3980
[11:58] <+OICU812> added to my short here 79.00
[11:59] <+rickf> exit 6e 1.3975 +5
[12:00] <+rickf> like a high school mathc problem: -3 plus +5 equals what..... lol
[12:01] <+pat255> vn rick recover loss
[12:01] <+rickf> thx ... still looking lower
[12:02] <+rickf> yeeesh. i am totally mis-timing my entries and exits today
[12:05] <+rickf> which tells me it's time to stand down for a while
[12:23] <@wrbtrader> Shorts TF @ 602.80 -> small size
[12:23] <@wrbtrader> 1 only
[12:23] <@wrbtrader> trying something new
[12:24] <+OICU812> trying a long here 76
[12:27] <@wrbtrader> Covered TF Short @ 602.70 --> + 0.1
[12:27] <@wrbtrader> didn't expect volatility to die like that...sideline again...doing a lot of watching today and recordings of this price action.
[12:28] <+codehead> long NQ 1760.00 <paper>
[12:28] <MK> Exited all ES Long @ 1098.25 --> + 3.75 «« simulator »»
[12:28] <@wrbtrader> nice
[12:29] <+MK> Shorts ES @ 1094 «« simulator »»
[12:29] <+MK> late post..out two days ago, short earlier today
[12:32] <+codehead> exit half NQ +1.75 <paper>
[12:33] <+codehead> stop remainder 1759.00 <paper>
[12:34] <+MK> Covered ES Short @ 1077.25 --> + 16.75 «« simulator »»
[12:34] <+MK> Reverse and Enter Long ES @ 1077.25 «« simulator »»
[12:40] <+OICU812> here we go
[12:40] <+OICU812> hope its the turn for the retracement of ALL the move down
[12:45] <+OICU812> hmmmmm
[12:51] <+OICU812> scaled 78.00
[12:53] <@wrbtrader> Reading "Short-term Treasurys gain amid revival in sovereign risk" @ http://bit.ly/9YfQdU
[12:55] <+codehead> exit +6.00 NQ <paper>
[13:06] <@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
[13:07] <@wrbtrader> Shorts TF @ 605.90 -> small size
[13:08] <@wrbtrader> 2 only
[13:09] <@wrbtrader> It went up smoothly prior to entry...now the chop shows up after entry
[13:11] <@wrbtrader> I rarely have "good patience" in the afternoon trading session.
[13:15] <+rickf> short 6e 1.3976
[13:16] <@wrbtrader> trailing @ profit
[13:16] <@wrbtrader> profit target reached @ 605.30
[13:17] <+OICU812> long working nicely
[13:17] <@wrbtrader> Covered all TF Short @ 605.70 --> + 0.2
[13:17] <@wrbtrader> try to catch a profit target 2 @ 604.90
[13:17] <@wrbtrader> wasn't meant to be
[13:18] <+rickf> bernanke debate started i think
[13:19] <+MK> Exited all ES Long @ 1080.75 --> + 3.5 «« simulator »»
[13:19] <@wrbtrader> I've been seeing the past 15mins the word "bernanke" come accross the twitter #markets feed.
[13:20] <+rickf> out 1.3975 +1
[13:20] <+rickf> ok I'm flat until they vote
[13:21] <@wrbtrader> taking a eye break to rest my eyes...be back later
[13:21] * wrbtrader is now known as wrbtrader_away
[13:22] <+rickf> "a vote for benanke is a vote for bailouts" -- sen bunning of ky
[13:22] <+rickf> blaming 'his" fed for everything
[13:22] <+rickf> http://www.c-span.org/Watch/C-SPAN2.aspx
[13:23] <+Forex2stay> just a few months ago weren't people praising him for saving us from disaster?
[13:23] <+rickf> yup
[13:23] <+Forex2stay> crazy
[13:23] <+rickf> attacking him makes politicos look good for election season
[13:28] <+Forex2stay> buy stop to enter long EURUSD @ 1.3985
[13:30] <+Forex2stay> cancelled all open stop orders
[13:39] <+Forex2stay> buy stop to enter long EURUSD @ 1.3987
[14:00] <+rickf>
[14:01] <+OICU812> ?
[14:01] <+rickf> weird
[14:01] <+rickf> everyone got booted but us?
[14:02] <+OICU812> maybe they landed on a diff server
[14:02] <+rickf> it happens to everyone else -- never me. very strange
[14:04] <+Forex2stay> cancelled all open stop orders
[14:04] <+rickf> OT: Wall street 2 trailer is out -- http://www.huffingtonpost.com/2010/01/2 ... 40392.html
[14:05] <jbuch> hey guys how goes it.
[14:05] <+rickf> sup jb
[14:05] <+rickf> treading water until the bernake vote is done
[14:07] <+jbuch> big swings so far
[14:08] <+jbuch> looks like a super strong up move until u look at the plung this am.
[14:08] <+rickf> yeah
[14:09] <+rickf> CNBC is being replaced by CSPAN on trading desks right now
[14:09] <+rickf> republicans are beating up bernake in the senate
[14:09] <+codehead> ES bounce was .382 on the button
[14:11] <+rickf> ok not all republicans voting against obama
[14:22] <+Forex2stay> bbiab...need to get out of the office for a few minutes and stretch.
[15:08] <+rickf> last hour
[15:09] <@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
[15:11] <+codehead> ES October selloff was same size as what we've seen so far
[15:13] <+codehead> 1099.00->1026.00, 1148.00->1074.50 half point different
[15:14] <+codehead> note we've bounce the full moons for the past 6 months
[15:15] <+codehead> the wee hours saturday next full moon
[15:16] <+rickf> oh goodie - i will get up early to trade it
[15:17] <+rickf>
[15:17] <+codehead> hehe
[15:19] <+codehead> http://gallery.me.com/codehead#100047
[15:19] <+codehead> click for full size
[15:20] <+rickf> bernanke vote on cloture begins
[15:20] <+rickf> roll call vote
[15:25] <+codehead> extreme tick
[15:30] * wrbtrader_away is now known as wrbtrader
[15:31] <+rickf> god i am so glad i used to work in the house and not senate ... senate votes are BORING
[15:31] <@wrbtrader> [14:01] <+rickf> everyone got booted but us?
[15:32] <+rickf> yeah looked like it
[15:32] <+Forex2stay> looks like i didn't miss much during my nap.
[15:32] <@wrbtrader> I wasn't here but if people suddenly disappar t the same time...it's the othernet being moody again.
[15:32] <+rickf> i figured as much
[15:36] <Nesi> othernet was down
[15:39] <@wrbtrader> Long TF @ 609.10 -> small size
[15:39] <@wrbtrader> 2 only
[15:40] <@wrbtrader> geeesh
[15:40] <@wrbtrader> that came out of nowhere
[15:40] <@wrbtrader> Exited all TF Long @ 610.50 --> + 1.4
[15:42] <+Nesi> Shorts ES @ 1085.25
[15:42] <@wrbtrader> doing the same back down...no reason what so ever.
[15:43] <@wrbtrader> psychotic
[15:43] <+rickf> nice
[15:44] <+rickf> i lost count but yeah i think uncle ben s good to go
[15:44] <@wrbtrader> Shorts TF @ 608.70 -> small size
[15:44] <@wrbtrader> 2 only
[15:45] <+rickf> 77-23
[15:45] <+rickf> motion passes
[15:45] <+rickf> i think now they do the official confirmation vote
[15:46] <+rickf> first vote is to stop debate and move to a vote
[15:46] <@wrbtrader> Covered 1/2 TF Short @ 606.50 --> + 2.2
[15:47] <@wrbtrader> ooops...
[15:47] <+Nesi> Covered all ES Short @ 1084.00 --> + 1.25
[15:47] <@wrbtrader> entry was 607.70
[15:47] <@wrbtrader> profit 1/2 only +1.2
[15:48] <+Nesi> Long ES @ 1084.50
[15:51] <+jbuch> looks like bernie will definetly be confirmed and the market moves down
[15:52] <+jbuch> )
[15:53] <+rickf> yes .... the bernanke put
[15:53] <+rickf> oops the bernanke call ... it was the greenspan put
[15:54] <+Nesi> Exited all ES Long @ 1082.50 --> - 2
[15:54] <+jbuch> Shorts ES @ 1082.75
[15:55] <@wrbtrader> Covered remainder TF Short @ 606.00 -> +1.70
[15:56] <+jbuch> Covered all ES Short @ 1081 --> + 1.75
[15:57] <+Nesi> Long ES @ 1082.00
[15:58] <+Nesi> Long ES @ 1082.00 -> Add
[15:58] <+Nesi> 2 total
[16:00] <+jbuch> bernie confirmed
[16:01] <+jbuch> noteven a reaction pop
[16:02] <+jbuch> weak weak market
[16:03] <+jbuch> what a turn around
[16:04] <+jbuch> a month ago market couldn't move down now it has totally reversed temperment
[16:06] <+rickf> yup
[16:07] <@wrbtrader> In a minute I'm going to post a chart of the FOMC Announcement "volatility contraction pivots".
[16:07] <@wrbtrader> I usually only follow these types of pivots the first 3 trading days after the FOMC Announcement.
[16:07] <@wrbtrader> Have been using them for about 12 years with a lot of success.
[16:08] <+jbuch> come on baby pop on up there
[16:13] <+Forex2stay> Euro 6e fell below a 5m bullish TL, and can't seem to get back above it...
[16:13] <+Forex2stay> could lead to more downside.
[16:13] <+jbuch> night all
[16:13] <+Forex2stay> cya jb
[16:13] <+jbuch> good luck Nesi
[16:17] <@wrbtrader> Here's that chart @ http://chart.ly/ktnrnf
[16:19] <+TraderG> so was there a vote?
[16:19] <@wrbtrader> Take care all and see all tomorrow
[16:19] <@wrbtrader> I think the vote is starting now
[16:20] <+TraderG> so there will be fireworks after the market reopens @ 4:30
[16:20] <@wrbtrader> there should be
[16:21] <@wrbtrader> I'll miss it if it happens
[16:21] * wrbtrader is now known as wrbtrader_away
[16:22] <+jbuch> I think that he already had 62 votes 10 min before the close
[16:22] <+rickf> those look like basic s/r lines as opposed to mathematical pivots
[16:22] <+rickf> i think
[16:23] <+rickf> see y'all tomorrow
[16:38] * codehead is now known as codehead_afk
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