##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: Wed Feb 03 07:20:51 2010
Session Ident: #FuturesTrades
[07:20] * Now talking in #FuturesTrades
[07:20] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[07:21] * wrbtrader is now known as wrbtrader_away
[08:10] <@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
[09:05] <werner> all
[09:07] <TL> Long TF @ 609.5 «« simulator »»
[09:07] <+TL> 3
[09:08] <+TL> Exited 1/3 TF Long @ 610.1 --> + 0.6 «« simulator »»
[09:08] <+TL> exit stop raised TF @ 609.6 «« simulator »»
[09:08] <+TL> Trailing Stop Hit TF @ 609.6 --> + 0.1 «« simulator »»
[09:21] <Forex2stay> morning
[09:23] <jbuch> morning forex and everyone
[09:23] <+Forex2stay> hey jb
[09:24] <+jbuch> looks like you had a pretty good range this am Forex
[09:25] <+Forex2stay> unfortunately the upmove was just about over at 3am CST, but once it started making 5m LH's then there were some good setups.
[09:26] <+Forex2stay> i need to find somewhere that i can track volume on 6e for a few months during the early morning hours...so if i make the switch to futures i know if there is a market there for me.
[09:27] <+jbuch> yeah was probably confusing until after it started really breaking down.
[09:27] <+Forex2stay> yeah it got a little tough..then about 6am got a channel breakout, so was able to get short
[09:28] * wrbtrader_away is now known as wrbtrader
[09:28] <+jbuch> I thought thatYOU SOULD NOT SEE VOL IN FOREX 6E
[09:28] <+jbuch> oops on the caps
[09:28] <+Forex2stay> on spot FX i can only see my brokers volume...but on the futures 6E figured i would see everything on the CME..
[09:30] <+jbuch> sure
[09:31] <+Forex2stay> just need to find it..guess i might just need to pay for the price feed.
[09:32] <@wrbtrader> Long TF @ 611.00 -> medium size
[09:33] <@wrbtrader> 4 only
[09:33] <+werner> all
[09:35] <@wrbtrader> Exited 1/2 TF Long @ 612.20 --> + 1.2
[09:38] <+werner> nice
[09:39] <@wrbtrader> Exited Remainder TF Long @ 612.30 --> + 1.3
[09:39] <+TL> nice mgmt
[09:40] <@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
[09:41] <@wrbtrader> Long TF @ 612.60 -> small size
[09:41] <@wrbtrader> 1 only
[09:41] <@wrbtrader> intuition
[09:42] <@wrbtrader> Exited TF Long @ 613.70 --> + 1.1
[09:43] <drt> s es 98.25
[09:43] <@wrbtrader> If this pushes over 614 with some volatility...it has a good chance to develop into a short squeeze
[09:48] <+drt> cs es 98.25
[09:51] <+Forex2stay> buy stop to enter long EURUSD @ 1.3959
[09:55] <+Forex2stay> cancelled all open stop orders
[09:56] <+TL> waiting on PMI, vix has been bearishly ticking dwn since open
[09:57] <+werner> test of prev weekly high 10264 ym again
[09:57] <+werner> all session
[10:00] <+jbuch> pmi 50.5
[10:02] <pat255> ty jb
[10:02] <+pat255> @office again
[10:03] <+Forex2stay> buy stop to enter long EURUSD @ 1.3959
[10:05] <@wrbtrader> volatility been "slowly" declining since getting above 614
[10:06] <@wrbtrader> EuroFx 6E has been ranging since 0930am est
[10:06] <+Forex2stay> cancelled all open stop orders
[10:08] <@wrbtrader> Long TF @ 613.50 -> small size
[10:08] <@wrbtrader> 2 only
[10:09] <@wrbtrader> Pres. Obama on TV and the major financial networks are covering it.
[10:09] <@wrbtrader> Thus, be careful...I'm already looking for an exit
[10:10] <@wrbtrader> Exited all TF Long @ 614.10 --> + 0.6
[10:10] <+TL> what union is Obama in? Screen Actor Guild?
[10:14] <@wrbtrader> Shorts TF @ 613.50 -> small size
[10:14] <@wrbtrader> 2 only
[10:15] <+werner> Long NQ @ 1776.75
[10:15] <@wrbtrader> Covered all TF Short @ 613.90 --> - 0.4
[10:15] <+jbuch> Long ES @ 1098.25
[10:15] <@wrbtrader> Shorts TF @ 613.80 -> small size
[10:15] <+TL> pressure cooker brewing here for some knid of morning move
[10:15] <@wrbtrader> 2 only
[10:16] <+Forex2stay> Euro 6e at new LOD
[10:16] <+jbuch> Exited all ES Long @ 1096.75 --> - 1.5
[10:16] <@wrbtrader> prior short should have been around 613.80 - 614.00
[10:17] <@wrbtrader> just too slow and took 613.50 as a chaser
[10:18] <@wrbtrader> Covered 1/2 TF Short @ 612.50 --> + 1.3
[10:18] <+werner> Exited all NQ Long @ 1773.75 --> - 3
[10:20] <@wrbtrader> Covered Remainder TF Short @ 611.70 --> + 2.1
[10:20] <+pat255> vn
[10:20] <+werner> indd vn
[10:21] <@wrbtrader> thanks...glad I didn't give up on that short after the prior resulted as a loss.
[10:21] <@wrbtrader> That's something I've been working hard on the past few years...
[10:22] <@wrbtrader> Not to freeze like a deer in the middle of the road at night when headlights are coming "after a loss".
[10:22] <+werner>
[10:22] <+pat255> y very true ..
[10:22] <+pat255> i need to work on that too
[10:24] <+werner> Long NQ @ 1774.00
[10:25] <+jbuch> Shorts ES @ 1095.25
[10:25] <TraderG> oil inv in 5 min
[10:26] <+werner> Exited all NQ Long @ 1772.50 --> - 1.5
[10:27] <+Forex2stay> Euro 6e up to 100+ pip range now...first time in 3 days
[10:29] <+Forex2stay> not sure if there will be an option to get in...might be one of those runaway days
[10:31] <+jbuch> Covered all ES Short @ 1095 --> + 0.25
[10:32] <+Forex2stay> buy limit to enter long EURUSD @ 1.3932
[10:32] <+Forex2stay> cancelled all open limit orders
[10:33] <+Forex2stay> sorry wrong way
[10:33] <+Forex2stay> sell limit to enter short EURUSD @ 1.3932
[10:33] <+Forex2stay> man i hate these kind of moves
[10:33] <+Forex2stay> cancelled all open limit orders
[10:37] <+jbuch> what a bummer that is
[10:37] <+jbuch> came up snatched my stop and continued on its merry way
[10:39] <+Forex2stay> going for some coffee having a hard time not just putting a market sell order here.
[10:40] <+jbuch> alwaysa good sign that the move is amost done
[10:40] <+TL> yeah a gut wrenching move that started out way too stealthy
[10:40] <+Forex2stay> yep
[10:40] <+jbuch> when ur willing to through caution to the wind
[10:41] <+jbuch> throw
[10:41] <+TL> 7 pt tf move in 20 mins on low vol :<
[10:41] <+Forex2stay> yeah there should be a support group for these kind of moves...there nasty
[10:42] <+Forex2stay> there=they're
[10:43] <@wrbtrader> nice price drop
[10:46] <@wrbtrader> Shorts TF @ 607.50 -> small size
[10:46] <@wrbtrader> 2 only
[10:47] <+Forex2stay> buy stop to enter long EURUSD @ 1.3918
[10:47] <+Forex2stay> looking to catch some trapped shorts here
[10:48] <@wrbtrader> Covered all TF Short @ 608.00 --> - 0.5
[10:48] <@wrbtrader> Gold and Oil showed up to help
[10:49] <@wrbtrader> Long TF @ 608.20 -> small size
[10:49] <@wrbtrader> 2 only
[10:52] <+jbuch> Long ES @ 1094.5
[10:52] <+Forex2stay> Long EURUSD @ 1.3918
[10:52] <+Forex2stay> Buy stop hit
[10:53] <@wrbtrader> Exited all TF Long @ 608.40 --> + 0.2
[10:54] <@wrbtrader> TF should have easily pushed above 610 when Gold and Oil bounced off their own support levels
[10:55] <@wrbtrader> Long TF @ 608.60 -> small size
[10:55] <@wrbtrader> 2 only
[10:58] <+jbuch> Exited all ES Long @ 1094 --> - 0.5
[10:58] <@wrbtrader> Exited all TF Long @ 608.00 --> - 0.6
[10:59] <+Forex2stay> Exited all EURUSD Long @ 1.3910 --> - 0.0008
[11:00] <@wrbtrader> Shorts TF @ 607.80 -> medium size
[11:00] <@wrbtrader> 4 only
[11:00] <+jbuch> Long ES @ 1094.5
[11:01] <@wrbtrader> Covered all TF Short @ 608.30 --> - 0.5
[11:02] <@wrbtrader> volatility declining "fast"
[11:02] <@wrbtrader> I'm expecting a volatility spike here soon
[11:04] <@wrbtrader> Shorts TF @ 608.10 -> medium size
[11:04] <@wrbtrader> 4 only
[11:05] <+werner> Long NQ @ 1772.00
[11:05] <@wrbtrader> werner...I'm thinking the same thing too now
[11:05] <+jbuch> have my stop below 93 wiil add at 93.25
[11:05] <+jbuch> rather take 1 large loss then a bunch of lil stops
[11:06] <+Forex2stay> Long EURUSD @ 1.3915
[11:07] <@wrbtrader> TF seems "content" to continue rangien in that 1.4 range
[11:08] <@wrbtrader> Covered all TF Short @ 609.40 --> - 1.3
[11:09] <@wrbtrader>
[11:09] <@wrbtrader> 610 reached with Oil and Gold barely moving after the initial stall when I was originally Long
[11:09] <@wrbtrader> punks
[11:10] <+werner> Exited all NQ Long @ 1777.00 --> + 5
[11:10] <+jbuch> Exited 1/2 ES Long @ 1095.75 --> + 1.25
[11:10] <@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
[11:10] <+TL> nice werner, nq ranging back to highs
[11:10] <+jbuch> exit stop set ES @ 1093.75
[11:10] <+werner> thnx
[11:11] <@wrbtrader> 610 is a no trade area for me because it's "between" two key levels
[11:11] <+jbuch> targetting 97.75 for remainder
[11:20] <+Forex2stay> Exited 1/2 EURUSD Long @ 1.3926 --> + 0.0011
[11:20] <+Forex2stay> BE on remainder...sorry that is 1.3925
[11:20] <@wrbtrader> TF pushing down again while other key markets are stable
[11:21] <+Forex2stay> profit limit on remainder 1.3936
[11:23] <@wrbtrader> Last time I saw volatility like this was around 1250pm est yesterday
[11:24] <@wrbtrader> Shorts TF @ 608.70 -> medium size
[11:24] <@wrbtrader> 4 only
[11:26] <@wrbtrader> still no new volatility spike
[11:27] <+Forex2stay> will look to add 1/2 on a buy stop 1.3929
[11:29] <@wrbtrader> 607.80 is the low of the current trading range since 1050am est
[11:30] <+Forex2stay> Exited Remainder EURUSD Long @ 1.3915 --> 0
[11:31] <+Forex2stay> buy stop cancelled...so all flat
[11:31] <@wrbtrader> Covered all TF Short @ 608.40 --> + 0.3
[11:35] <@wrbtrader> Shorts TF @ 607.60 -> medium size
[11:35] <@wrbtrader> 4 only
[11:36] <+Forex2stay> sell stop to enter short EURUSD @ 1.3911
[11:36] <+Forex2stay> Shorts EURUSD @ 1.3911
[11:37] <@wrbtrader> volatility spike
[11:37] <@wrbtrader> took forever
[11:41] <+jbuch> Exited all ES Long @ 1093.75 --> - 0.75
[11:42] <+Forex2stay> tightened SL
[11:45] <@wrbtrader> Covered all TF Short @ 605.90 --> + 1.7
[11:46] <@wrbtrader> almost back to where I started...within a few ticks of my profit goal for the day before those 3 consecutive losses
[11:51] <+codehead> long ES 1091.00 <paper>
[11:51] <+codehead> 6 tick stop
[11:54] <+codehead> exit half ES +1.00 <paper>
[11:57] <@wrbtrader> Shorts TF @ 604.80 -> small size
[11:57] <@wrbtrader> 3 only
[11:57] <@wrbtrader> intuition
[11:58] <+Forex2stay> come one push through there
[11:58] <+werner> back
[11:58] <@wrbtrader> that's a tough area here...should have lower my position size
[12:00] <@wrbtrader> Covered all TF Short @ 604.70 --> + 0.1
[12:00] <+werner> [17:05] <@wrbtrader> werner...I'm thinking the same thing too now....ow sorry wrbtrader i did not see that post a had a telefoon call on that monent:)
[12:00] <@wrbtrader> wanted out...didn't like the entry (sucked) and didn't like the price action that was trying to turn into a new support area
[12:00] <+codehead> got a buy signal
[12:01] <+codehead> 1090.50 key level on ES, needs to hold it
[12:01] <@wrbtrader> Long TF @ 605.30 -> small size
[12:01] <@wrbtrader> 2 only
[12:08] <+codehead> exit remainder ES +1.50 <paper>
[12:09] <+codehead> no exit signal, but have things to do
[12:09] <+codehead> minro res at 1093, more significant at 1094.50
[12:10] <+codehead> minor
[12:12] <+Forex2stay> will stop and reverse to long at 1.3920
[12:14] <@wrbtrader> this needs to spike one more time "soon" because I'm losing my patience...will do an early exit.
[12:14] <@wrbtrader> then go to lunch
[12:15] <+TL> nice trade though i tied lower & missed
[12:15] <+Forex2stay> Covered EURUSD Short @ 1.3920 --> - 0.0009
[12:15] <+Forex2stay> Reverse and Enter Long EURUSD @ 1.3920
[12:15] <+TL> take 1 & leave one for arunner
[12:16] <+TL> pay for your sushi
[12:16] <@wrbtrader> Exited all TF Long @ 606.80 --> + 1.5
[12:16] <+werner> nice
[12:17] <@wrbtrader> Yeah but psychological I'm not able to leave a trade "open" while away from the computer...I go nuts.
[12:17] <@wrbtrader> going to lunch...be back later
[12:17] <+werner> lol
[12:17] * wrbtrader is now known as wrbtrader_away
[12:23] <+werner> Long NQ @ 1775.50
[12:25] <+Forex2stay> Exited all EURUSD Long @ 1.3918 --> - 0.0002
[12:25] <+Forex2stay> Getting chopped up here taking a lunch break
[12:25] <+werner> Exited all NQ Long @ 1774.75 --> - 0.75
[12:33] <+werner> Long NQ @ 1776.75
[12:36] <+jbuch> testing the down trend line again
[12:40] <@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
[12:41] <+werner> Exited all NQ Long @ 1778.50 --> + 1.75
[12:41] <+werner> cant hold it
[12:42] <+jbuch> nice werner
[12:42] <+werner> thnx
[12:43] <+jbuch> testing the down TL FROM THE TOP
[12:43] <+werner> yes indd
[12:46] <+jbuch> these up moves are just strong enough to make me not trust the down moves
[12:51] <+werner> Long NQ @ 1777.25
[12:54] <+jbuch> Long ES @ 1093.5
[12:57] <+werner> Exited all NQ Long @ 1779.50 --> + 2.25
[13:05] <+werner> http://chart.ly/s3ztv4
[13:05] <+werner> ow it breaks
[13:05] <+werner> lol
[13:05] <+werner> nice
[13:07] <+jbuch> Exited 1/2 ES Long @ 1095 --> + 1.5
[13:07] <+werner> very nice
[13:08] <+werner> Long NQ @ 1780.25
[13:09] <+jbuch> nice
[13:10] <+werner> Exited all NQ Long @ 1783.25 --> + 3
[13:10] <+jbuch> Exited all ES Long @ 1096.5 --> + 3
[13:10] <+werner> wow goody
[13:11] <+jbuch> no doubt
[13:11] <+jbuch> lucky
[13:11] <+jbuch> wonder why it choose to pop there
[13:11] <+werner> no no very nice holding
[13:11] <+werner> did you see my chart
[13:12] <+jbuch> no
[13:12] <+TraderG> it has no markers
[13:12] <+jbuch> I have been in and out
[13:12] <+werner> we have taken that 1094.25
[13:13] <+werner> [19:05] <+werner> http://chart.ly/s3ztv4
[13:15] <+jbuch> thanks werner
[13:15] <+werner> yw jbuch
[13:17] <+jbuch> finally had a trade that I was patient with that worked out in my favor.
[13:17] <+jbuch> goo
[13:17] <+jbuch> oops
[13:17] <+jbuch> gonna get some grub BBL
[13:32] <+codehead> short NQ 1783.25 <paper>
[13:35] <+codehead> 10 tick hard stop
[13:37] <+codehead> 12 actually
[13:38] <+codehead> exit NQ +.25 <paper>
[13:39] <+codehead> 1785 is a target/res
[13:39] <+codehead> hit 1784.75, i went in a little low after seeing divergence
[13:39] <+codehead> but that might have been it for now
[13:40] <+codehead> ES dbl topped
[13:40] <+codehead> but low should be in
[13:44] <@wrbtrader_away> Long TF @ 609.00 -> small size
[13:44] <@wrbtrader_away> 1 only
[13:44] * wrbtrader_away is now known as wrbtrader
[13:44] <@wrbtrader> trade error but I'm going to stick with for a little while
[13:45] <+jbuch> looks like it is forming a wedge
[13:46] <@wrbtrader> Exited TF Long @ 609.20 --> + 0.2
[13:46] <@wrbtrader> sideline
[13:46] <@wrbtrader> some common known patterns trying to form (e.g. wedge, triangle)
[13:47] <+codehead> getting divergence
[13:47] <+codehead> well, had it for a while, it's rolling over
[13:48] <+jbuch> Long ES @ 1095.5
[13:49] <+jbuch> 1only
[13:51] <+jbuch> Exited all ES Long @ 1094.75 --> - 0.75
[13:56] <gotedge> hello so we are on a bullish or a bearish movment for the rest of the day
[13:57] <Nesi> i dont know
[14:03] <+Nesi> hope down because i am short 6e from 139.41 and ES from 1082.50
[14:06] <+Forex2stay> nice entry on 6e short Nesi
[14:08] <+gotedge> I'm more for a rally this afternoon
[14:10] * Looking up gotedge user info...
[14:10] <@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
[14:10] <AndyES> Shorts ES @ 1094.75 «« simulator »»
[14:11] <@wrbtrader> TF stuck in a range for about 20 mins now
[14:11] <+werner> es test 94 sup
[14:13] <+werner> http://chart.ly/c2egbv
[14:16] <+AndyES> Covered all ES Short @ 1095.25 --> - 0.5 «« simulator »»
[14:18] <+werner> Long NQ @ 1782.50
[14:20] <+werner> Exited all NQ Long @ 1781.00 --> - 1.5
[14:21] <+TraderG> the calm b4 the storm
[14:21] <+gotedge> werner I put 4 points stop you play tight
[14:23] <+werner> some times thight some times wide gotedge
[14:24] <@wrbtrader> Shorts TF @ 607.00 -> small size
[14:24] <+werner> tight'
[14:24] <@wrbtrader> 2 only
[14:29] <@wrbtrader> Covered all TF Short @ 607.20 --> - 0.2
[14:29] <+jbuch> good ridance
[14:30] <+jbuch> been here three minutes and wants to start critiquing
[14:30] <+jbuch> Bernie sworn in
[14:30] <+jbuch> explains the vol spike
[14:31] <+jbuch> looking for a long above 1094.5
[14:35] <+TraderG> do u c a 1$ move in CL in the last 12 minutes?
[14:36] <+TraderG> ?
[14:37] <+jbuch> I c it in uso
[14:38] <+werner> Shorts NQ @ 1780.25
[14:38] <+TraderG> thanks
[14:38] <+jbuch> sorry mis read that
[14:38] <+TraderG> how much of a move?
[14:39] <+TraderG> 50 cents
[14:39] <+jbuch> poped from 37.55 to 37.95
[14:39] <+TraderG> ok
[14:39] <+TraderG> thanks
[14:39] <+jbuch> my pleasure sir.
[14:39] <+TraderG> with my platform acting as if it is on crack 2day I don't know
[14:39] <+jbuch> NT
[14:39] <+jbuch> or IB
[14:40] <+TraderG> probably NT
[14:41] <+AndyES> Long ES @ 1092.25 «« simulator »»
[14:41] <+AndyES> not a high probability trade
[14:47] <+AndyES> Exited 2/3 ES Long @ 1093.25 --> + 1 «« simulator »»
[14:48] <+werner> Covered all NQ Short @ 1780.25 --> 0
[14:48] <+TraderG> Was Berni really sworn in 2day?
[14:48] <+jbuch> according to cnbc
[14:49] <+TraderG> oil is almost back to where it was b4 the spike
[14:50] <+jbuch> tough to make money on these directionless days
[14:50] <+jbuch> got to fade strength confusing for me
[14:52] <+jbuch> dollar testing it's recent highs
[14:52] <@wrbtrader> Viewing "Banker Caught on TV looking at topless girls instead of charts" @ http://www.youtube.com/watch?v=xhIu7qp5vo8
[14:52] <@wrbtrader> funny
[14:53] <+TL> low vol., see-sawing back & forth is the most difficult to catch bcuz u can't get quick separation form entry pts & that = nervousness of your decision
[14:54] <+AndyES> Exited 1/4 ES Long @ 1094.25 --> + 2 «« simulator »»
[14:54] <+AndyES> hld 1
[14:55] <@wrbtrader> STory about the banker @ http://www.cnbc.com/id/35204994/
[14:56] <+AndyES> funny
[14:57] <+TraderG> cannt watch it
[14:57] <+TraderG> nolt old enough
[14:57] <+TraderG> YOUTUBE need my parent permission
[14:58] <+jbuch> lol
[15:01] <+jbuch> dang that is funny
[15:02] <@wrbtrader> be back later...going for a walk around the neighborhood because I just started falling asleep at the computer
[15:02] <+jbuch> he will be looking for a job tomorrow
[15:02] * wrbtrader is now known as wrbtrader_away
[15:03] <+werner> Long NQ @ 1783.25
[15:05] <+AndyES> Exited Remainder ES Long @ 1096.25 --> + 4 «« simulator »»
[15:07] <+AndyES>
[15:09] <+werner> Exited all NQ Long @ 1784.25 --> + 1
[15:18] <+werner> Long NQ @ 1782.50
[15:21] <+Nesi> Market getting weak..
[15:22] <+jbuch> not bad for a low probability trade andy
[15:23] <+werner> Exited all NQ Long @ 1781.50 --> - 1
[15:25] <+jbuch> testing the bot trendline of the wedge
[15:27] <+werner> Long NQ @ 1782.00
[15:28] <+jbuch> like watching a game of ping pong
[15:28] <+werner> lol
[15:29] <+werner> better sit on my hands
[15:30] <+Nesi> jb, may i say you achieved great consistency lately, you seems a different trader now
[15:30] <+jbuch> thanks man
[15:31] <+jbuch> Maybe more cautious with the larger position size.
[15:32] <+Nesi> you playing four now?
[15:32] <+Nesi> anyways i can see you are growing everyday as a trader
[15:32] <+jbuch> 4 to 8
[15:32] <+Nesi> wow
[15:32] <+Nesi> that is a big jump..jb
[15:33] <+Nesi> congracts
[15:33] <+jbuch> but can onlydo it a few times then I go back down to 1 and 2
[15:33] <+jbuch> it is like a workout for the brain and emotions
[15:33] <+Nesi> yeah i understand
[15:34] <+Nesi> you are doing the right thing
[15:34] <+jbuch> move up and then relax
[15:34] <+jbuch> wife says I have aged 10 years in the last month
[15:36] <+Nesi>
[15:37] <+Nesi> i guess everybody is aging faster nowdays with this economy
[15:37] <+jbuch> yeah no doubt
[15:40] <+jbuch> seemed like a lot of people dumped at 96
[15:40] <@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
[15:41] <+werner> Exited 1/2 NQ Long @ 1785.25 --> + 3.25
[15:41] <+jbuch> nice werner
[15:41] <+werner> thnx ...pffff
[15:41] <+jbuch> playing that range man
[15:43] <+werner> Exited Remainder NQ Long @ 1785.00 --> + 3
[15:43] <+werner> cant hold it
[15:43] <+AndyES> Shorts ES @ 1096.5 «« simulator »»
[15:46] <+AndyES> Covered 2/3 ES Short @ 1095.5 --> + 1 «« simulator »»
[15:46] <+AndyES> hld2
[15:48] <+jbuch> peeked above that tl there
[15:48] <+jbuch> Long ES @ 1195.75
[15:48] <+AndyES> Covered 1/4 ES Short @ 1097.75 --> - 1.25 «« simulator »»
[15:48] <+AndyES> nope
[15:49] <+AndyES> Covered 1/4 ES Short @ 1195 --> - 98.5 «« simulator »»
[15:49] <+AndyES> forget it...lol
[15:49] <+AndyES> out one .75, the other breakeven
[15:49] <+jbuch>
[15:50] <+jbuch> bounced off what I consider the center but scary playing for a breakout on a day like this
[15:51] <+werner> yes indd
[15:51] <+werner> for now i sit on my hands
[15:52] <+AndyES> Covered Remainder ES Short @ 1195.75 --> - 99.25 «« simulator »»
[15:52] <+AndyES> geez
[15:52] <+AndyES> sorry
[15:52] <+TL> don't worry about it - we got it
[15:53] <+AndyES> Covered Remainder ES Short @ 1096.5 --> 0 «« simulator »»
[15:53] <+AndyES> mentally blown paper trading
[15:53] <+AndyES>
[15:54] <+AndyES> but will go live this week
[15:55] <+AndyES> it is reassuring to see how difficult most people find the transition
[15:55] <+AndyES> even if they have a successful methodology
[15:56] <+jbuch> Exited all ES Long @ 1094.25 --> - 101.5
[15:59] <+jbuch> looks like were just going to fizzle out right here
[15:59] <@wrbtrader_away> Shorts TF @ 609.20 -> small size
[16:00] <+jbuch> c ya later drt great chatting with u
[16:01] <@wrbtrader_away> Covered TF Short @ 609.80 --> - 0.6
[16:01] <+jbuch> ))
[16:01] <@wrbtrader_away> Long TF @ 610.00 -> small size
[16:01] <+AndyES> gn
[16:01] <@wrbtrader_away> 2 only
[16:01] * wrbtrader_away is now known as wrbtrader
[16:02] <+jbuch> well lots of fun all have a good night everyone
[16:05] <+codehead> CSCO out
[16:06] <@wrbtrader> Exited all TF Long @ 611.10 --> + 1.1
[16:11] <+werner> gn Jbuch,wrbtrader,all
[16:18] <@wrbtrader> thanks CSCO
[16:18] <@wrbtrader> Take care all and see all tomorrow.
[16:18] * wrbtrader is now known as wrbtrader_away

-------------------------

#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=5

The 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
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
questions@thestrategylab.com
Go Back To TheStrategyLab.com Homepage