#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: Mon Mar 01 09:23:48 2010
Session Ident: #FuturesTrades
[09:23] * Now talking in #FuturesTrades
[09:23] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:27] <rickf>
all
[09:29] <drt>
[09:32] <+rickf> short es 1109.25
[09:32] <@wrbtrader> Just watching so far because the move actually started around 9am est.
[09:35] <+rickf> exit es 1109.25 b/e
[09:35] <mo2t>
all
[09:38] <@wrbtrader> Long TF @ 634.70 -> small size
[09:38] <@wrbtrader> 3 only
[09:42] <@wrbtrader> Exited all TF Long @ 635.80 --> + 1.1
[09:42] <@wrbtrader> intuition trade
[09:42] <@wrbtrader> still not getting any actual trade signals
[09:46] <@wrbtrader> It's been awile since we've seen a strong directional price movement out of the gate like this.
[09:46] <screenstruck> yeah... done for the day :D
[09:46] <+mo2t> choppy on YM
[09:46] <@wrbtrader> Will be interesting to see if it can hold it's gains when the key economic reports hits the markets between 0955am - 1005am est
[09:47] <@wrbtrader> nice screenstruck
[09:47] <@wrbtrader> Always a good feeling when done early
[09:47] <+screenstruck> now i need to practice sitting on hands
[09:47] <Fleneer> long Ym looking for 378 resistance
[09:47] <+screenstruck> given it up too many times before
[09:48] <@wrbtrader> screenstruck...I would just close my broker platform in situations like this where I accomplish my goals early and wanted to continue watching the market.
[09:48] <+screenstruck> makes sense...... will switch to sim
[09:48] <@wrbtrader> Sometimes I would even switch computers via moving to the computer that doesn't have my broker platform
[09:49] <+screenstruck> yes, the temptation is too great
[09:49] <@X> #FuturesTrades Purpose -> 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[09:51] <@wrbtrader> U.k. election stuff killed the GBPUSD currency
[09:51] <@wrbtrader> It spooked the Euro too
[09:52] <+rickf> short es 1110
[09:53] <@wrbtrader> Thus, the global front is producing some nice volatility so far today.
[09:54] <+mo2t> DAX still +1.41 %
[09:54] <+rickf> don cohn resigning from Fed
[09:55] <+Fleneer> long YM 10362 stop 364 taRGET 377
[09:56] <+Fleneer> typo... arop ia 354
[09:56] <+mo2t> fleenet stop 354
[09:56] <+mo2t> >]
[09:56] <+mo2t>
[09:56] <+Fleneer> :o)
[09:56] * nando is now known as Nesi
[09:57] <+Fleneer> stopped out
[09:57] <+rickf> exit 1/2 es 1108.60 +1.50
[09:58] <+rickf> exit remainder 1108.75 +125
[09:59] <+rickf> ISM @ 1000
[09:59] <+rickf> construction @ 10
[10:00] <@wrbtrader> Long TF @ 636.20 -> medium size
[10:00] <@wrbtrader> 4 only
[10:01] <TraderG> news r worse than exp
[10:01] <+TraderG> so the market should take off
[10:01] <@wrbtrader> stole a great entry...will need some luck to stay in the trade...it's bouncy.
[10:03] <Nesi> BREAKING: U.S. Feb. ISM dips to 56.5% vs. 57.5% expected [MW]
[10:04] <@wrbtrader> Exited 1/2 TF Long @ 637.70 --> + 1.5
[10:04] <+screenstruck> nice !
[10:04] <+screenstruck> <- still on hands
[10:04] <@wrbtrader> Exited TF Long @ 638.00 --> + 1.8
[10:04] <@wrbtrader> Holding 1 contract remainder
[10:05] <+rickf> nice
[10:05] <jbuch> Long ES @ 1110.25
[10:07] <@wrbtrader> Exited Remainder TF Long @ 639.00 --> + 2.8
[10:07] <+mo2t> vn
[10:10] <+rickf> short es 1112.50
[10:14] <+jbuch> fugured that we would get some short covering above 1113
[10:19] <+jbuch> Exited all ES Long @ 1111.75 --> + 1.5
[10:23] <+rickf> exit es 1111 +1.50
[10:24] <+rickf> still ooking short but taking base hits
[10:27] <TLancer> euro, gc & cl dropping
[10:51] <+rickf>
[11:01] <+jbuch> Shorts ES @ 1111.75
[11:05] <+jbuch> Covered all ES Short @ 111.75 --> + 1000
[11:07] <+jbuch> Covered all ES Short @ 1111.75 --> 0
[11:07] <+jbuch> Long ES @ 1111.75
[11:11] <codehead> ES at res
[11:15] <+jbuch> Exited all ES Long @ 1113 --> + 1.25
[11:15] <+codehead> nice
[11:16] <+codehead> in class again today
[11:16] <+codehead> ES strength flattening here
[11:16] <+jbuch> thanks code
[11:17] <+jbuch> got back in but bailed for a tick
[11:17] <+jbuch> like to c it dip belo 13
[11:17] <+jbuch> and c what happens
[11:19] <@X> #FuturesTrades Purpose -> 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[11:32] <+codehead> short ES 113.25 <paper>
[11:33] <+codehead> actually need to drop a little more first, not good entry
[11:33] <+codehead> res retest
[11:34] <+codehead> only thing in my favor here is macd divergence
[11:35] <+codehead> exit ES -.50 <paper>
[11:40] <Cauldron> try the 5/34 EMA cross for buy/sell signals have success on /CL
[11:42] <+Cauldron> MACD i use 12,26,3 EMA
[11:44] <+codehead> was just impatient, thought it might not get back the the retest
[11:44] <+codehead> i use macd bb
[11:45] <+codehead> 12,26, with bollinger bands ~9 (not pure bollinger, but 9,1 is close enough)
[11:49] <+codehead> short ES 1112.75 <paper>
[11:52] <+codehead> exit ES flat <paper>
[11:59] <+rickf> bak
[12:02] * Looking up Guest83467 user info...
[12:21] <+jbuch> Long ES @ 1114
[12:27] <+jbuch> was trying to enter at 1113.75
[12:27] <+jbuch> got impatiant
[12:32] <+jbuch> Exited all ES Long @ 1113.25 --> - 0.75
[12:44] <+Cauldron> ES looks to rollover on the 30min
[12:46] <+jbuch> Long ES @ 1113.5
[12:46] <+rickf> 5m looking a bit weak too
[12:46] <@X> #FuturesTrades Purpose -> 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[12:47] <+jbuch> 1114 is the pivot if we can get above that might make a move up out of this chop
[12:48] <+jbuch> we did break an up trendline though
[12:53] <+rickf> will look short below 1112
[12:57] <+jbuch> Exited all ES Long @ 1112.5 --> - 1
[12:58] <+rickf> short es 1112
[13:14] <+jbuch> Long ES @ 1112.75
[13:26] <+jbuch> doesn't look good for my long
[13:27] <+mo2t> be patient
[13:28] <+jbuch> got my stop at 1111.75
[13:29] <+jbuch> if it takes it so be it
[13:29] <+mo2t> too long do not want to move up more than 2 ticks...
[13:30] <+jbuch> yup
[13:30] <+jbuch> been negative almost the whole time in it
[13:31] <+mo2t> so... 1 tick more, will see
[13:31] <+jbuch> the hard thing will be that if it does break up will probably come back and test my entry
[13:31] <+mo2t> yes
[13:32] <+jbuch> so wont be able to move my stop
[13:33] <+jbuch> have 4 on this which is large for me
[13:34] <+jbuch> come on baby
[13:37] <+mo2t> really wery slow market
[13:37] <+mo2t> very
[13:38] <+jbuch> yessssss big time
[13:40] <+jbuch> brutal
[13:40] <+mo2t> think we can call it strong uptrend
[13:41] <+jbuch> exit stop set ES @ 1112.25
[13:43] <+jbuch> 14 is the gate keeper
[13:44] <+codehead> who is keymaster?
[13:44] <+rickf> zoool
[13:44] <+codehead> lol
[13:44] <+rickf> ticker ZUL
[13:44] <+rickf>
[13:44] <+mo2t> new highs on YM
[13:45] <+codehead> servant of Gozer
[13:47] <+jbuch> come on darling
[13:47] <+jbuch> 14 .25 please please please
[13:48] <+jbuch> I will be a good boy I promise
[13:48] <+rickf> short es 1114 add
[13:49] <+jbuch> Exited all ES Long @ 1114 --> + 1.25
[13:49] <+codehead> vn
[13:49] <+jbuch> phewwww bailed
[13:50] <+jbuch> sorry for whining and blathering so much
[13:50] <+codehead> hehe
[13:51] <+jbuch> u can always tell when I havea position that I am uncomfertable with start talking to much
[13:52] <+mo2t> vn jbuch
[13:53] <+jbuch> thanks
[13:53] <+jbuch> Long ES @ 1114 -> small size
[13:53] <+jbuch> 1 only
[13:53] <MK> Shorts ES @ 1113.50 -> Add «« simulator »»
[13:57] <+jbuch> I just don't see any reason for it to stop here there probably is and it probably will but will keep looking for longs
[14:00] <+codehead> short ES 114.00 <paper>
[14:01] <+jbuch> looks just like the setup the last time were up here
[14:01] <+codehead> this is iffy short
[14:02] <+jbuch> lost $ all the way down on that 1
[14:05] <+codehead> lower stop to 1114.50 <paper>
[14:08] <+codehead> exit ES short +0.50 <paper>
[14:08] <+codehead> back to class
[14:09] <+jbuch> Exited all ES Long @ 1113.25 --> - 0.75
[14:09] <+jbuch> cya
[14:13] <@X> #FuturesTrades Purpose -> 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[14:18] <+jbuch> missed it
[14:20] <+TLancer> divergences occurring in tick & add &vix
[14:20] <+TLancer> bearish diverg (very shortterm)
[14:20] <+jbuch> maybe exhaustion bar
[14:21] <+TLancer> i was meaning to express a minor pullback may preceed
[14:23] <+jbuch> Shorts ES @ 1114
[14:27] <+jbuch> no follow through
[14:28] <+jbuch> Covered all ES Short @ 1114 --> 0
[14:28] <+rickf> just bouncing around
[14:30] <+TLancer> shorts = fish; the longer they hang & linger, the more they stink
[14:31] <+jbuch> that sell off was just violent enough to make me not trust the long side though
[14:35] <+jbuch> 14.25 was the high before the last push up on 12/4
[14:47] <+mo2t> so lets try a move some market little bit down... short 20 contracts on TF, 20 traders... otherwise this slow volatility makes me
[14:49] <+jbuch>
[14:51] <+TraderG> send me the $$$ mo2t and I'll do it
[14:52] <+rickf> we can all share a cell and paper-trade from prison then on SEC violations
[14:52] <+mo2t>
[14:52] <+mo2t> somebody has done it for us
[14:53] <+mo2t> or have done it ... my grammar...
[14:53] <+TraderG> has was ok
[14:55] <+rickf> exit es 1113 b/e (late)
[14:58] <+rickf> here come the rollover?
[14:59] <+TraderG> it want a belly scratch
[14:59] <+TraderG> wants
[15:00] <+rickf> interesting analysis @ ZH over the weekend about SPY manipulation in recent weeks
[15:01] <+TraderG> ZH???
[15:01] <+rickf> zerohedge
[15:01] <+rickf>
http://www.zerohedge.com/article/guest- ... quant-algo[15:02] <+rickf> tlaks about a quant 'bot' that keeps propping the markets up
[15:10] <+jbuch> it seems to be working overtime the bears are more like teddy bears today
[15:10] <+jbuch> lil soft cuddly ones
[15:31] <+jbuch> Long ES @ 1114
[15:35] <+jbuch> 1114 has been my nemesis today
[15:41] <+jbuch> Exited all ES Long @ 1113 --> - 1
[15:43] <@X> #FuturesTrades Purpose -> 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[15:44] <@wrbtrader> Long TF @ 641.00 -> small size
[15:44] <@wrbtrader> 2 only
[15:45] <+jbuch> Long ES @ 1113.75
[15:46] <@wrbtrader> If it takes me out for a loss...I'll be looking for a re-entry as long as it stays above 640 level
[15:47] <@wrbtrader> Anything below that I risk getting caught in a low volatility tight trading range.
[15:48] <@wrbtrader> Still waiting for support to show up from Oil and Gold
[15:51] <+TLancer> Long TF @ 640.9
[15:51] <+TLancer> 1
[15:52] <@wrbtrader> Gold and Oil providing support now
[15:52] <+jbuch> Long ES @ 1113.25 -> Add
[15:53] <+TLancer> went long tf on the cl uptick & bullidh tick divergence
[15:53] <@wrbtrader> trailing @ profit...watching the resistance area above Oil and Gold
[15:53] <+TLancer> exit stop raised TF @ 641.1
[15:53] <@wrbtrader> resistance reached in other key markets
[15:54] <@wrbtrader> Exited all TF Long @ 641.90 --> + 0.9
[15:56] <+jbuch> Exited 1/2 ES Long @ 1114.25 --> + 1
[15:57] <+TLancer> Trailing Stop Hit TF @ 641.1 --> + 0.2
[15:58] <+jbuch> Exited 1/4 ES Long @ 1114.5 --> + 0.75
[15:58] <+TLancer> trade error w/only 1 car, should exit @ lwr hi @ tiick
[15:58] <+jbuch> breakeven on the last
[15:59] <+TLancer> Long TF @ 641.4
[15:59] <+TLancer> 1
[15:59] <+jbuch> 14.75 is a rock
[16:05] <+jbuch> Exited all ES Long @ 1114.5 --> + 0.75
[16:13] <@wrbtrader> Here's my latest WRB S/R Zones chart to monitor something for key changes in supply/demand @
http://chart.ly/tfxsve (Copper HG futures)
[16:15] <@wrbtrader> Reminder - I post my trades in here but primarily post my WRB Analysis of different trading instruments @
http://twitter.com/wrbtrader/[16:16] <@wrbtrader> You can either join twitter to "follow" me or click my RSS feed @
http://twitter.com/statuses/user_timeline/58969012.rss [16:16] <@wrbtrader> Most of the charts posted show key price areas that can be used for the next trading day at the minimum.
[16:17] <@wrbtrader> Thus, very little hindsight stuff except for charts that talks about trade signals.
[16:18] <@wrbtrader> Take care all and see all tomorrow.
[16:18] * wrbtrader is now known as wrbtrader_away
[16:23] <+TLancer> Exited all TF Long @ 641 --> - 0.4
[16:32] <pdays> .
[17:13] <@X> #FuturesTrades Purpose -> 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-------------------------
#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 Commonly discussed trading instruments from futures, exchange traded funds and forex currencies:
CME Emini Futures EMD, ES and NQ
ICE Emini TF Futures (formerly CME ER2)
CBOT mini-sized Dow Futures YM
Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50
Eurex Fixed Income Derivatives (futures) BUND, BOBL and Schatz
Euronext Futures FTSE-100 and CAC-40
CME Futures EuroFX 6E and EC
Treasury Futures T-Notes ZT, ZN, ZF and T-Bonds ZB
Forex Currencies GBPUSD, EurUsd, EurYen and UsdCdn
Exchange Traded Funds BGU, DIA, FAS, FAZ, GLD, IWM, QQQQ, SPY, OIH, TNA and XLE
NYMEX Energy Futures Light Crude Oil CL, e-miNY QM and Natural Gas NG
COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI
Hang Seng Index Futures HSI and mini-Hang Seng MHI
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
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