Login    Forum    Search    FAQ



Post new topic Reply to topic Bookmark and Share  [ 1 post ] 
Author Message
 Post subject: February 4th Thursday - Futures, ETFs and Forex Currencies
 Post Posted: Thu Feb 04, 2010 4:14 pm 
Offline
Trader / Forum Admin

Joined: Tue Dec 16, 2008 1:02 am
Posts: 3326
Location: Canada
#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)

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

Image

Session Start: Thu Feb 04 07:36:10 2010
Session Ident: #FuturesTrades
[07:36] * Now talking in #FuturesTrades
[07:36] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[07:58] <@X> #FuturesTrades Info -> No gurus, 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
[08:31] <@wrbtrader> Shorts TF @ 605.00 -> small size
[08:31] <@wrbtrader> 3 only
[08:31] <@wrbtrader> early entry
[08:35] <@wrbtrader> After review...not a early entry...a late entry...a prior signal was Short @ 0824am est @ 607.60
[08:36] <@wrbtrader> Simply, I was sitting here at the computer ready to trade at that time and missed it (didn't see it) :(
[08:36] <pat255> gm N ..
[08:37] <@wrbtrader> Hi pat255 and all
[09:08] <@wrbtrader> Shorts TF @ 605.30 -> Add
[09:08] <@wrbtrader> 2 added
[09:13] <TL> wrb are u seeing other indications that we probably won't see bounce 1st & head sratight dwn. I'm primarily interested in your analytics; not direction pre se
[09:13] <+TL> per se
[09:15] <@wrbtrader> I have three dice...after I rolled them on the floor...2 showed short and 1 showed Long...
[09:15] <@wrbtrader> So I shorted.
[09:15] <@wrbtrader> :)
[09:15] <@wrbtrader> That's a joke.
[09:15] <+TL> touche'
[09:15] <+pat255> lol
[09:16] <@wrbtrader> Seriously now...I missed my entry signal and the current short is a big time chaser that I've decided to keep.
[09:16] <@wrbtrader> [08:35] <@wrbtrader> After review...not a early entry...a late entry...a prior signal was Short @ 0824am est @ 607.60
[09:16] <@wrbtrader> [08:36] <@wrbtrader> Simply, I was sitting here at the computer ready to trade at that time and missed it (didn't see it) :(
[09:17] <@wrbtrader> Here's why I'm keeping it...
[09:17] <+TL> i haven't seen u make too many premarket trades, so i was wondering if u saw soemthing different
[09:18] <@wrbtrader> I'm using the overnight lows @ 605.60 as a pivot point prior to that big drop at 0830am est
[09:18] <@wrbtrader> I don't mind price going above that pivot but just not via a "volatility spike".
[09:19] <@wrbtrader> Simply, I'm bearish until price gets above that pivot point as a volatility spike.
[09:19] <@wrbtrader> By the way, I hate using the words "pivot point" but it seems like its the best way others can understand me.
[09:20] <@wrbtrader> Next time I'll just explain something without the pivot point reference.
[09:24] <+TL> i think i see your "pp" concept; its the resistance level that "shouldn't" be violated of the bounce
[09:25] <@wrbtrader> Yep
[09:25] <@X> #FuturesTrades Info -> No gurus, 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
[09:27] <+TL> there hasn't been any good media news since the csco eps last night
[09:28] <@wrbtrader> By the way, I use to trade between 0800am - 0930am est all the time in the past until my kids was born...
[09:29] <@wrbtrader> Driving trips to daycare, school or private tutor took the energy out of that.
[09:29] <drt> gm everyone
[09:31] <@wrbtrader> Covered TF Short @ 603.80 --> + 2.7
[09:31] <@wrbtrader> Holding 3 contract remainders
[09:31] <+pat255> vn
[09:32] <@wrbtrader> That's a +1.5 and not +2.7 on those 2 contracts
[09:35] <@wrbtrader> Trading is about 3x tougher since the kids were born :)
[09:35] <+pat255> lol
[09:36] <@wrbtrader> * I'm unable to trade my favorite trading instruments (DAX, FTSE100, CAC40 and Eurofx)...thus I trade stuff I really don't want to trade.
[09:36] <@wrbtrader> * Lots of disruptions that causes "early exits".
[09:37] <@wrbtrader> * Lack of sleep on some days (sick kids) has an impact on being properly ready to trade and increase number of trade errors.
[09:37] <@wrbtrader> I could go on but I won't :0
[09:38] <@wrbtrader> You "single" guys got it easy in comparison to the "family guys".
[09:38] <@wrbtrader> :)
[09:38] <+pat255> yup
[09:45] <@wrbtrader> Covered TF Short @ 601.90 --> + 3.1
[09:45] <@wrbtrader> Holding 2 contract remainders
[09:45] <+pat255> vvn
[09:45] <+pat255> wtg
[09:46] <@wrbtrader> Covered TF Short @ 600.90 --> + 4.1
[09:46] <@wrbtrader> Holding 1 contract remainder
[09:47] <@wrbtrader> TF now within a prior key change in supply/demand price area.
[09:47] <@wrbtrader> Good area to look for another exit
[09:48] <@wrbtrader> Covered Remainder TF Short @ 599.70 --> + 5.3
[09:50] <jbuch> Shorts ES @ 1078.5
[09:52] <@wrbtrader> Long TF @ 599.30 -> small size
[09:53] <@wrbtrader> 1 only
[09:53] <@wrbtrader> Exited TF Long @ 598.70 --> - 0.6
[09:53] <@wrbtrader> Reverse and Enter Short TF @ 598.70
[09:53] <@wrbtrader> 2 only
[09:54] <+jbuch> Covered all ES Short @ 1076.75 --> + 1.75
[09:56] <@wrbtrader> Covered TF Short @ 598.70 --> 0
[09:56] <@wrbtrader> It's fighting good right now to keeps from dropping below the current support level
[09:57] <+jbuch> bad morning to get a late start
[09:57] <@wrbtrader> Current support area is 599.60 - 598.10
[09:58] <@wrbtrader> Shorts TF @ 598.10 -> small size
[09:58] <@wrbtrader> 3 only
[09:58] <@wrbtrader> obvious trade to take
[09:59] <@wrbtrader> Covered 2/3 TF Short @ 596.80 --> + 1.3
[10:00] <TraderG> news now
[10:00] <@wrbtrader> Covered Remainder TF Short @ 598.00 --> + 0.1
[10:02] <@wrbtrader> Long TF @ 598.50 -> small size
[10:02] <@wrbtrader> 2 only
[10:02] <werner> gm all
[10:03] <@wrbtrader> Exited all TF Long @ 598.60 --> + 0.1
[10:04] <@wrbtrader> sideline just to watch the current probing that's causing increasing chop
[10:06] <+jbuch> Shorts ES @ 1075.75
[10:06] <+jbuch> 1 only
[10:06] <+werner> i am too late grrrr...had nice short signal up there ...its my wifes fold...shopping
[10:07] <+jbuch> Covered all ES Short @ 1076 --> - 0.25
[10:08] <+werner> did some one take the ride down?
[10:08] <+jbuch> N caught most of it I think I was late to.
[10:09] <+TL> wrbtrader got a chunk of the meat in the premarket setup & 1st phase of the fast action with 4-5 contracts
[10:09] <+jbuch> I just caught the tail end of it
[10:10] <+werner> ok thnx
[10:11] <@wrbtrader> I have no levels this low...sidelined still...waiting for new levels to develop.
[10:11] <+werner> indd no levels
[10:11] <+TL> sorry guys no more typing just missed another shrot setup bye
[10:12] <+werner> cya
[10:16] <@wrbtrader> So far a trend day with one failed counter-thrust.
[10:16] <@wrbtrader> Was crossing my fingers that failed counter-thrust will produce another short signal...it didn't :(
[10:20] <@wrbtrader> finally...a new level showed up
[10:20] <@wrbtrader> Shorts TF @ 596.40 -> small size
[10:20] <+jbuch> Yeah same here actually had a long signal in that cunter thrust didn't take it but I got ot of my short as a result
[10:21] <@wrbtrader> 2 only
[10:24] <@wrbtrader> Covered all TF Short @ 595.30 --> + 1.1
[10:24] <+pat255> vn
[10:26] <@wrbtrader> Not sure if anybody has noticed in here...I've been complaining the past few weeks about "tired eyes", "eye strain" or "red eyes".
[10:27] <+jbuch> Shorts ES @ 1071
[10:27] <+werner> yes
[10:27] <+werner> i know
[10:27] <@wrbtrader> I got a eye doctors appointment in two weeks...I may need reading glasses because I can no longer see small print...it's all blurry.
[10:27] <@wrbtrader> :(
[10:28] <@wrbtrader> However, when on vacation...the problem clears up about a week away from the computer.
[10:28] <@wrbtrader> Thus, something going on with the "eye muscles".
[10:28] <+jbuch> Covered all ES Short @ 1071.25 --> - 0.25
[10:29] <+jbuch> crappy entry lucky exit
[10:30] <@wrbtrader> That new level I mentioned involving the prior trade is still active @ 597.30 - 596.10
[10:30] <+werner> yes a know wrbtrader i have always problems here ...i have only one (good) eye and one i lost by a car accident.
[10:31] <@wrbtrader> wow...sorry to here that.
[10:31] <+werner> np is 22 years ago :)
[10:31] <@wrbtrader> ok
[10:35] <@wrbtrader> Shorts TF @ 596.50 -> small size
[10:35] <@wrbtrader> 1 only
[10:35] * codehead_afk is now known as codehead
[10:36] <@wrbtrader> My initial stop is obviously at the top of the key area I mentioned before @ 597.30 - 596.10
[10:36] <@wrbtrader> punks
[10:36] <@wrbtrader> Covered TF Short @ 597.30 --> - 0.8
[10:37] <@wrbtrader> one of you guys in here work at the ICE exchange...
[10:37] <@wrbtrader> Next time I won't broadcast my levels in here :)
[10:38] <@wrbtrader> Shorts TF @ 596.50 -> small size
[10:38] <@wrbtrader> 1 only
[10:39] <+werner> Shorts NQ @ 1751.00
[10:39] <@wrbtrader> volatility is low enough for a tight trading range to develop
[10:39] <@wrbtrader> good time for me to go to lunch
[10:40] <+TL> nice trading hiha how many net proints this am?
[10:41] <@wrbtrader> Covered TF Short @ 596.00 --> + 0.5
[10:41] <+werner> Covered all NQ Short @ 1750.00 --> + 1
[10:41] <@wrbtrader> Just a second...I keep my profit/loss window hidden behind my charts.
[10:42] <@wrbtrader> +19.70 points so far
[10:42] <+werner> vn
[10:43] <@wrbtrader> Target for today was +15 adjusted up from +10 after the first trade.
[10:43] <+werner> take the money and run :)
[10:44] <+jbuch> hell good day to make more.
[10:44] <+jbuch> must be easy to trade when ur up a couple of thousand
[10:44] <+TL> nice hard work, focused & quick, i use failsafe stop that's 3 ticks beyond an outbounds point for me what do you see in tf for safe slippage (3)
[10:45] <@wrbtrader> Agree...the pressure is removed when you open the trading day with a big trade
[10:45] <+werner> yes
[10:45] <+werner> jbuch is right
[10:46] <@wrbtrader> be back later...time to eat and rest my eyes.
[10:46] * wrbtrader is now known as wrbtrader_away
[10:46] <+werner> cya
[10:48] <+werner> Shorts NQ @ 1750.00
[10:49] <+werner> Covered all NQ Short @ 1751.00 --> - 1
[10:51] <+werner> Shorts NQ @ 1751.00
[10:55] <+werner> mmmbetter too sit in my hands
[10:55] <@X> #FuturesTrades Info -> No gurus, 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
[10:57] <+werner> Covered all NQ Short @ 1749.75 --> + 1.25
[10:58] <+werner> Shorts NQ @ 1749.75
[10:59] <+werner> Covered all NQ Short @ 1747.00 --> + 2.75
[11:10] <+werner> jbuch did you not take that work at a bankers house or someting?
[11:12] <+werner> job
[11:21] <+jbuch> hey werner sorry was eating breakfast.
[11:22] <+jbuch> I would have had to of moved to new york city so decided not to pursue it
[11:22] <+pat255> jb u in albaqurke?
[11:23] <+jbuch> when we started looking at what we could afford there made it not very appealing
[11:23] <+jbuch> yeah Pat
[11:23] <+pat255> k...vn area
[11:24] <+jbuch> it is nice here
[11:24] <+werner> Shorts NQ @ 1747.00
[11:24] <+pat255> cold?
[11:24] <+jbuch> well it is snowing today
[11:25] <+pat255> :)
[11:25] <+jbuch> but the winters are very short and if it is sunny out then u can usually walk around in a t shirt
[11:26] <+pat255> nice ..
[11:26] <+werner> ok jbuch i read your answer
[11:26] <+jbuch> where are you at pat
[11:26] <+pat255> S FL
[11:27] <+pat255> near Ft lauderdale
[11:28] <+jbuch> nice my wife grew up in orlando we visit once or twice a year.
[11:28] <+pat255> vn ...
[11:28] <+werner> Covered all NQ Short @ 1747.50 --> - 0.5
[11:29] <+pat255> except for the hurricanes this is nice tho v hot during the summers
[11:29] <+pat255> cal me when u guys are here ..
[11:30] <+codehead> bottom might be in for now
[11:30] <+pat255> y
[11:30] <+werner> can be indd
[11:30] <+jbuch> u got it I will let u know when we are out there next
[11:31] <+pat255> k great
[11:36] <+werner> Shorts NQ @ 1747.00
[11:37] <+werner> Covered all NQ Short @ 1744.25 --> + 2.75
[11:38] <+pat255> vn werner
[11:38] <+werner> thnx pat
[11:38] <+jbuch> nice werner
[11:38] <+werner> :)
[11:40] <+werner> 1066.50 es is prev weekly low
[11:40] <+werner> maybe some sup
[11:41] <+werner> 9994 ym also prev weekly low
[11:43] <+werner> Long NQ @ 1739.00
[11:43] <+werner> intuition
[11:45] <+werner> Exited all NQ Long @ 1742.25 --> + 3.25
[11:46] <+jbuch> nice werner
[11:46] <+werner> littel bounce on prev weekly low es / ym
[11:46] <+jbuch> ur hammering it
[11:47] <+werner> thnx jbuch
[11:47] <+jbuch> Long ES @ 1068.25
[11:51] <Forex2stay> Hey guys
[11:51] <+jbuch> Exited all ES Long @ 1069.5 --> + 1.25
[11:52] <+werner> nice
[11:52] <+jbuch> had my targetat 1069.75 but better saf then sorry
[11:53] <+werner> yep
[11:54] <+pat255> jb u trade from what tf chart?
[11:54] <+werner> hi forex2
[11:54] <+pat255> 1 2 5 m?
[11:54] <+jbuch> mainly 1 min
[11:54] <+jbuch> look at 5 and 30 as well
[11:54] <+pat255> k thks
[11:55] <+Forex2stay> getting on the chat a little late this morning...miss anything?
[11:57] <+Forex2stay> by they way i know we chatted about CME leases before...i was on Don Miller site last night and he has a chart posted that says that the price has come down so far that it only takes 50 contracts traded in a day to cover the lease.
[11:58] <+jbuch> cool thanks forex
[11:58] <+Forex2stay> Looks like the lease is down to $645 now
[11:58] <+werner> brb
[11:59] <+jbuch> so that is per month
[11:59] <+Forex2stay> yes
[11:59] <+jbuch> is there a limited number of people that can trade on each lease
[11:59] <+Forex2stay> early 2009 it was $2,373
[11:59] <+Forex2stay> hmm...good question, not sure
[12:00] <+jbuch> man if we could get 10 of us to do it would be free
[12:01] <+jbuch> would probably make taxes easier to
[12:02] <+Forex2stay> yeah...i'm thinking wrbtrader probably hits close to 50 contracts a day by himself
[12:08] <+jbuch> so u still trade from urhouse u justget discounted rates right
[12:09] <+Forex2stay> yep..that is the way i understand it
[12:25] <@X> #FuturesTrades Info -> No gurus, 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
[12:32] <+codehead> mkt coma
[12:42] <MK> Covered all ES Short @ 1069.75 --> + 38.75 «« simulator »»
[12:43] <+MK> Long ES @ 1067.50 «« simulator »»
[12:43] <+MK> Long ES @ 1068.75 -> Add «« simulator »»
[12:43] <+MK> Long ES @ 1070 -> Add «« simulator »»
[12:52] * wrbtrader_away is now known as wrbtrader
[12:53] <@wrbtrader> nice trade MK
[12:55] * Looking up reilz user info...
[12:55] <+MK> Long ES @ 1066.25 -> Add «« simulator »»
[12:56] <+MK> Long ES @ 1065 -> Add «« simulator »»
[12:59] * Looking up Hen user info...
[12:59] * Looking up reilz user info...
[12:59] * Looking up t user info...
[13:02] <+MK> thx, we'll see what happens in this area if hold or go down to 1050 area
[13:15] <Nesi> Covered all ES Short @ 1067.50 --> + 32
[13:16] <+Nesi> and cover 6E from 139.41 at 137.60
[13:16] <+Forex2stay> vn Nesi
[13:16] <+Nesi> thanks, took some time tho
[13:17] <+Nesi> Long ES @ 1067.50
[13:19] <+Forex2stay> is the 6e trade the one you got into yesterday morning?
[13:19] <+Nesi> yes
[13:20] <+Nesi> i see some support from 4 days ago in the ES, fwiw
[13:20] <+Nesi> i am playing it
[13:21] <@wrbtrader> Emini ES, NQ, YM and TF are all only a few ticks above their current support zone.
[13:22] * +Nesi long 6e 137.64
[13:23] <rdh> can I ask what 6e is ?
[13:25] <+Nesi> euro
[13:25] <@wrbtrader> CME Eurofx futures
[13:26] <@wrbtrader> same price action as the Forex EurUsd currency
[13:26] * Looking up rdh user info...
[13:28] <+rdh> oh ok thanks
[13:29] <@wrbtrader> Long TF @ 593.20 -> small size
[13:30] <@wrbtrader> 3 only
[13:30] <@wrbtrader> I'm still in profit protection mode...small size and keep my losses small until I catch the next runner
[13:39] <@wrbtrader> Exited all TF Long @ 593.40 --> + 0.2
[13:39] <@wrbtrader> :(
[13:39] <@wrbtrader> tight trading range and low volatility...didn't expect much out of that one.
[13:40] <@wrbtrader> Back to the sideline until the volatility shows up beyond just one interval
[13:42] <@wrbtrader> TF back inside that key price area zone
[13:45] <+Nesi> Exited all ES Long @ 1064.50 --> - 3
[13:45] <+codehead> macd divergence
[13:45] <+codehead> long ES 1065.00 <paper>
[13:46] <+codehead> hm, no signal for longis the flaw in this logic
[13:46] <+Nesi> Long ES @ 1065.50
[13:46] <+codehead> i have symmetry at that lod tho
[13:47] <+codehead> exit +1.00 half ES <paper>
[13:47] <@wrbtrader> Long TF @ 591.90 -> small size
[13:48] <@wrbtrader> 1 only
[13:48] <@wrbtrader> weak support area
[13:48] <+codehead> need to hold 1065 now
[13:50] <+codehead> exit ES -2.00 remainder <paper>
[13:50] <+codehead> +2.00
[13:51] <+codehead> no exit signal yet tho
[13:51] <+codehead> NQ and YM didn't get lower
[13:51] <+codehead> YM yes by 2 ticks
[13:52] <@wrbtrader> Exited TF Long @ 592.20 --> + 0.3
[13:52] <@wrbtrader> :(
[13:52] <@wrbtrader> easy pickings on the Longs with trails
[13:52] <@X> #FuturesTrades Info -> No gurus, 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
[13:52] <+codehead> should be a sclp long on pb one more time, then see if it can bounce
[13:53] <@wrbtrader> be back later...if I'm going to stress a little...I don't want it to be for a few ticks here and there.
[13:53] * wrbtrader is now known as wrbtrader_away
[14:01] <+Nesi> Long ES @ 1066.00 -> Add
[14:14] <+Nesi> Exited all ES Long @ 1066.00 --> + 0.5
[14:16] <+Nesi> Long ES @ 1065.00
[14:19] <+codehead> long NQ 1737.50 <paper>
[14:20] <+codehead> hm no signal on NQ
[14:20] <+codehead> just divergence so far
[14:21] <+codehead> exit half NQ +3.00 <paper>
[14:21] <+werner> Long NQ @ 1740.75
[14:24] <+codehead> exit NQ +5.00 remainder <paper>
[14:24] <+werner> Exited all NQ Long @ 1742.50 --> + 1.75
[14:27] <+Nesi> Exited all ES Long @ 1068.25 --> + 3.25
[14:28] <+werner> nice
[14:36] <+werner> Long NQ @ 1742.75
[14:43] <+werner> Exited all NQ Long @ 1741.75 --> - 1
[14:48] <+werner> Long NQ @ 1741.75
[14:55] <+werner> Exited all NQ Long @ 1741.75 --> 0
[14:59] <+Nesi> Shorts ES @ 1067.75
[15:06] <+Nesi> Covered all ES Short @ 1067.00 --> + 0.75
[15:10] <+Nesi> Long ES @ 1065.75
[15:10] <+Nesi> 1
[15:12] <+Nesi> Exited ES Long @ 1065.25 --> - 0.5
[15:12] <+Nesi> Reverse and Enter Short ES @ 1065.25
[15:12] <+Nesi> 1060 feels like a magnet to me
[15:18] <+rdh> tricky market
[15:18] <+codehead> signals trying to hook here, rough day for countertrend
[15:19] <+Nesi> Shorts ES @ 1064.50 -> Add
[15:21] <+codehead> deep tick extreme hit
[15:21] <+codehead> signal hooking
[15:21] <+codehead> trying to cross
[15:21] <+Nesi> Covered all ES Short @ 1063.50 --> + 2.75
[15:21] <+codehead> nice
[15:22] <+MK> Long ES @ 1063.50 -> Add «« simulator »»
[15:22] <+Nesi> Long ES @ 1063.75
[15:22] <+Nesi> 1
[15:22] <@X> #FuturesTrades Info -> No gurus, 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
[15:24] <+Nesi> Exited all ES Long @ 1063.25 --> - 0.5
[15:25] <+codehead> NQ retest friday low
[15:25] * wrbtrader_away is now known as wrbtrader
[15:25] <+Nesi> Long ES @ 1063.50
[15:26] <+Nesi> 2
[15:26] <+codehead> we were divergent on that last new low
[15:26] <+jbuch> hey guys how is it going
[15:26] <+codehead> going low ;-)
[15:26] <@wrbtrader> I just got back myself
[15:26] <+codehead> bullish divergence
[15:26] <+jbuch> nesi I c the long u most have gotten out of ur short for a killing
[15:27] <+codehead> rough time of day to count on it tho
[15:27] <+Nesi> 32 points jb
[15:27] <+MK> i think we may see 1055
[15:27] <+Nesi> scroll up,i posted it
[15:27] <+jbuch> just scrolled up and saw ur exit awesome man
[15:28] <+jbuch> ba bam thats awesome man
[15:28] <+Nesi> Exited all ES Long @ 1063.00 --> - 0.5
[15:28] <+codehead> long NQ 1734.00 <paper>
[15:28] <+jbuch> thats an easier way to do it if u don't get bothered by the stress
[15:29] <+Nesi> Long ES @ 1063.25
[15:29] <+Nesi> 2
[15:30] <+codehead> exit NQ +.25 <paper>
[15:30] <+codehead> divergent, could be gettign short covering
[15:35] <+Nesi> Exited all ES Long @ 1062.50 --> - 0.75
[15:36] <@wrbtrader> Shorts TF @ 589.10 -> small size
[15:36] <@wrbtrader> 2 only
[15:36] <@wrbtrader> intuition
[15:36] <@wrbtrader> first one of the day I think
[15:37] <+Nesi> Long ES @ 1062.50
[15:38] <+Nesi> exit stop set ES @ 1061.25
[15:39] <+Nesi> Exited all ES Long @ 1061.50 --> - 1
[15:40] <@wrbtrader> Covered all TF Short @ 589.10 --> 0
[15:40] <@wrbtrader> support now developing
[15:40] <+Nesi> Long ES @ 1062.50
[15:40] <+codehead> sitll divergent
[15:40] <+Nesi> 3
[15:40] <+codehead> macd, tsi
[15:41] <+MK> nesi, you're very active today..getting good hits
[15:41] <+Nesi> Long ES @ 1063.00 -> Add
[15:41] <@wrbtrader> Long TF @ 589.70 -> small size
[15:41] <@wrbtrader> 2 only
[15:41] <+Nesi> exit stop set ES @ 1061.00
[15:42] <@wrbtrader> 590.50 is my 1st profit target
[15:42] <@wrbtrader> If it gets there...I'll dump 1/2 or all
[15:43] <@wrbtrader> Exited 1/2 TF Long @ 590.50 --> + 0.8
[15:46] <@wrbtrader> Exited Remainder TF Long @ 589.90 --> + 0.2
[15:46] <@wrbtrader> :(
[15:47] <+TraderG> fireworks 2morrow
[15:49] <+Nesi> Exited all ES Long @ 1062.25 --> - 1
[15:49] <@wrbtrader> TF currently at support
[15:52] <+MK> Long ES @ 1062.50 -> Add «« simulator »»
[15:53] <+Nesi> Long ES @ 1062.50
[15:53] <+Nesi> 2
[15:53] <+Nesi> will hold it
[15:53] <+Nesi> tomorrow big numbers fwiw
[15:54] <+jbuch> yeah should be interesting
[15:55] <@wrbtrader> Shorts TF @ 589.20 -> medium size
[15:55] <@wrbtrader> 4 only
[15:55] <@wrbtrader> support broken
[15:56] <@wrbtrader> here comes the fight
[15:56] <+codehead> NQ about to test friday low
[15:56] <+codehead> hit it
[15:56] <+codehead> long NQ 1731.75 <paper>
[15:58] <+MK> Long ES @ 1060 -> Add «« simulator »»
[15:59] <@wrbtrader> Covered all TF Short @ 589.00 --> + 0.2
[15:59] <+codehead> Ym near a support
[15:59] <+codehead> within 5 ticks
[15:59] <+codehead> 2
[15:59] <@wrbtrader> gave it a good try...didn't have the patience
[16:01] <+MK> probing for buyers
[16:01] <+jbuch> it is definetly probing
[16:01] <@wrbtrader> No key stock earnings after the close...not worth trading the futures.
[16:02] <+codehead> exit half NQ +2.50 <paper>
[16:02] <@wrbtrader> Exceeded my goals as usual in the a.m. trading session and just got a few ticks here and there in the p.m. trading session.
[16:03] <+codehead> exit NQ +3.00 remainder <paper>
[16:04] <@wrbtrader> Take care all and see all tomorrow...will miss part of tomorrow's morning session to go to one of my kids school to help a teacher with cross country ski lessons.
[16:04] * wrbtrader is now known as wrbtrader_away
[16:07] <+jbuch> well glad to see that it came down for your sake Nesi but I hope it doesn't collapse completly.
[16:08] <+jbuch> I like the false sense of security that is to be found in the inflation of another bubble.
[16:11] <+jbuch> night everyone
[16:11] <+Nesi> good night all

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

#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)
Image@ 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


Top 
 Profile E-mail  
 
Display posts from previous:  Sort by  
 
Post new topic Reply to topic Bookmark and Share  [ 1 post ] 


Who is online

Users browsing this forum: No registered users and 1 guest

 
 

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Translated by Xaphos © 2007, 2008, 2009 phpBB.fr