#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: Fri Mar 05 09:31:00 2010
Session Ident: #FuturesTrades
[09:31] * Now talking in #FuturesTrades
[09:31] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:32] <jbuch> Long ES @ 1128.75
[09:34] <+jbuch> Exited all ES Long @ 1128.5 --> - 0.25
[09:41] <TraderG> Long GC @ 1134.5 «« simulator »»
[09:42] <+TraderG> Exited 1/2 GC Long @ 1135 --> + 0.5 «« simulator »»
[09:43] <rickf> long es 1127.50
[09:43] <+TraderG> Exited Remainder GC Long @ 1135 --> + 0.5 «« simulator »»
[09:44] <+jbuch> Long ES @ 1128
[09:45] <+TraderG> buy stop to enter long GC @ 1135.3 «« simulator »»
[09:45] <+rickf> exit es 1128 +.50
[09:47] <@wrbtrader> Long TF @ 655.60 -> small size
[09:47] <+rickf> early exit ... didnt mean to
[09:47] <@wrbtrader> 3 only
[09:47] <+jbuch> here we go
[09:47] <+TraderG> Long GC @ 1135.3 «« simulator »»
[09:48] <+TraderG> Exited 1/2 GC Long @ 1136 --> + 0.7 «« simulator »»
[09:48] <+TraderG> Exited Remainder GC Long @ 1136.3 --> + 1 «« simulator »»
[09:48] <+jbuch> Exited all ES Long @ 1129.75 --> + 1.75
[09:50] <@wrbtrader> Exited 2/3 TF Long @ 657.30 --> + 1.7
[09:52] <+TraderG> Long GC @ 1136 «« simulator »»
[09:52] <+jbuch> Long ES @ 1130 -> small size
[09:53] <+TraderG> Exited 1/2 GC Long @ 1136.5 --> + 0.5 «« simulator »»
[09:53] <+TraderG> Exited Remainder GC Long @ 1136.5 --> + 0.5 «« simulator »»
[09:55] <+jbuch> nice and steady on the vol
[09:56] <+jbuch> no big spike so hopefully we continue on up
[09:57] <+TraderG> FLY ME TO THE MOON (Frank Sinatra)
[09:59] <+TraderG> Shorts GC @ 1136.5 «« simulator »»
[09:59] <+TraderG> Covered 1/2 GC Short @ 1136. --> + 0.5 «« simulator »»
[10:00] <+TraderG> Covered Remainder GC Short @ 1136 --> + 0.5 «« simulator »»
[10:00] * codehead_afk is now known as codehead
[10:00] <+TraderG> DIVE DIVE DIVE (submatine sounds)
[10:00] <+TraderG> submarine
[10:01] <@wrbtrader> Exited Remainder TF Long @ 658.00 --> + 2.4
[10:02] <@wrbtrader> For those wondering about the "performance" of your trading instrument versus other key markets...you can easily compare @
http://finviz.com/futures_performance.ashx [10:03] <+TraderG> now that's a neat site
[10:03] <+TraderG> thanks
[10:03] <@wrbtrader>
[10:04] <+TraderG> anything with stats is up my alley
[10:04] <@wrbtrader> I always equate "relative performance" = "trade opportunities"
[10:05] <+TraderG> what's the symbol for Palladium?
[10:06] <+TraderG> found it
[10:06] <+TraderG> PA
[10:07] <@wrbtrader> It's very useful info why we should not "get married" to one particular trading instrument.
[10:08] <+jbuch> jeeze did no think it would take this long
[10:08] <@wrbtrader> Thus, if making money is the goal, sometimes we may need to abandon our favorite trading instrument if the trade opportunities decline.
[10:10] <+jbuch> Exited all ES Long @ 1131.75 --> + 1.75
[10:11] <@wrbtrader> straight up after the fake support collapse @ 0936am est
[10:11] <@wrbtrader> I almost went short around 0936am est...glad I didn't.
[10:11] <+jbuch> interesting i had that exit there for about 10 min
[10:11] <werner> tanks wrbtrader for the link
[10:12] <+werner> thanks
[10:12] <+jbuch> it filled before itever even touched it
[10:12] <drt_> yes, great link thanks
[10:12] <@wrbtrader> They have real-time statis futures quotes...very useful when you're traveling. It's free...just need a browser
[10:13] <@wrbtrader> statis = static
[10:13] <+TraderG> Cramer said yesterday to dump AAPL. it is up 3%
))))))))))))
[10:13] <+TraderG> what a goof he is
[10:14] <+werner> very very nice site
)
[10:15] <@wrbtrader> Yeah...I've been using them since day one...they've solely gotten better and better.
[10:15] <@wrbtrader> Now all they need to do is get better servers to handle the load because sometimes their website slows down.
[10:17] <@wrbtrader> Now Eurofx 6E futures is trying to go directional (up)
[10:19] <+TraderG> Finwiz has some nice tpys 4 sale
[10:19] <+TraderG> toys
[10:19] <+rickf> funny thing is cramer's blog is singing AAPL's praises about the breakout
[10:19] <+werner> nq at prev yearly high here
[10:19] <@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[10:20] <+rickf> short 63 1.3688
[10:20] <+rickf> 6e
[10:23] <+werner> ym prev year high 10526
[10:29] <+werner> lets see
[10:29] <+codehead> ES has res at 1135
[10:30] <@wrbtrader> geeesh...we're still going up in TF...no retracement so far after 0936am est
[10:43] <mo2t>
all
[10:43] <+mo2t> nice swings on YM today... Iam too late
[10:54] <pdays> Shorts TF @ 660.5 «« simulator »»
[10:57] <+rickf> out 6e 1.3597 +1 (late)
[10:57] * +rickf added on that pop up
[10:57] <+rickf> still looking lower ... but head out for a bit
[10:57] <+rickf>
[11:00] <+jbuch> Long ES @ 1133.25
[11:03] <+jbuch> Exited all ES Long @ 1133.5 --> + 0.25
[11:21] <+jbuch> Long ES @ 1134
[11:31] <+jbuch> Exited all ES Long @ 1133.25 --> - 0.75
[11:46] <@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[11:51] <TLancer> Shorts TF @ 661.9 «« simulator »»
[11:51] <+TLancer> 2
[11:55] <+TLancer> Covered all TF Short @ 661.6 --> + 0.3 «« simulator »»
[11:59] <+TLancer> alot of voluimes exchanging in this tight range
[12:00] <MK> Shorts ES @ 1123.50 -> Add «« simulator »»
[12:01] <+MK> Shorts ES @ 1132.75 -> Add «« simulator »»
[13:15] <@wrbtrader> Just got back...geesh...TF is 5 points higher from my exit of 658.00
[13:15] <@wrbtrader> shallow retracements too
[13:16] <@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[13:27] <+rickf> back
[14:08] <+TraderG> Momentum Investing: The fine art of buying high and selling low.
[14:08] <+TraderG> Value Investing: The art of buying low and selling lower
[14:08] <+jbuch> Long ES @ 1134
[14:09] <+mo2t> jbuch what sl do you have now and when was entry?
[14:10] <+jbuch> crap
[14:10] <+jbuch> Exited all ES Long @ 1134.25 --> + 0.25
[14:11] <werner1> lol ym 526 still res
[14:11] <+werner1> 4 hours now
[14:12] <+TraderG> werner what r u doing here? the weekend is in 4 u already
[14:13] <+werner1> ow lol
[14:14] <+jbuch>
http://www.screencast.com/users/jbuch/f ... 9447d56348[14:14] <+jbuch> exit was wrong got an extra tick
[14:15] <+jbuch> I had my stop at 1133.5
[14:16] <+werner1> thats ts inst it?
[14:16] <+jbuch> at first and then when tested 1134.5 I moved it up to 1133.5
[14:17] <+jbuch> yup werner
[14:17] <+werner1>
[14:20] <+werner1> mmm i take a whisky ...brb
[14:23] <+werner1> bek
[14:25] <+jbuch>
))
[14:25] <+jbuch> r u loosened up now werner
[14:31] <+werner1> loosened up??
[14:32] <+TraderG> relaxed
[14:32] <+TraderG> loosened up = relaxed
[14:32] <+werner1> ok yes indd its weekend here
)
[14:33] <+rickf> short es 1134.25
[14:34] <+werner1> see see rickyf is the man whit the steel balls
[14:35] <+TraderG> or the soft other round thing
[14:35] <+jbuch> werner how do u know what ricks balls look like?
[14:36] <+TraderG> that was my 2nd thought
[14:36] <+TraderG>
))))))))))))
[14:36] <+werner1> with
[14:37] <+werner1> lol lol
[14:37] <+TraderG> rickf is a very generous person. he is providing liquidity 2 tha market
[14:37] <+TraderG> actually i was wrong
[14:38] <+TraderG> shorting takes away liquidity from the market
[14:38] <+TraderG> but i still think rickf is generous
[14:41] <+jbuch> lots of vol coming in
[14:42] <+jbuch> shoot this is what I was hoping for last time
[14:43] <+werner1> the problem is you dont know if it are shorters or longers
[14:43] <+TraderG> u r the MAN werner
[14:43] <+TraderG> I always have this problem
[14:44] <+TraderG> some people r saying that there are a lot of buyers
[14:44] <+TraderG> I thougt that there are a lot of sellers
[14:44] <+TraderG> really I think that there are many transactions
[14:44] <+TraderG> at higher prices
[14:45] <+TraderG> but there are no more buyers or sellers
[14:45] <+TraderG> there r just people willing to pay a higher price
[14:46] <@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[14:47] <+jbuch> but u do know that there are a lot of people in at a certian price
[14:47] <+TraderG> y
[14:47] <+jbuch> so if it fails then it should act as res or support
[14:47] <+TraderG> y
[14:48] <+TraderG> but 2 say that there r a lot of buyers is
?????????.
[14:48] <+TraderG> who are the sellers?
[14:49] <+TraderG> how do u explain that there r volume surges on the way up and volume surges at the top itself representing distribution
[14:49] <+jbuch> i didn't say that ther where a lot of buyers I said a lot of vol
[14:49] <+TraderG> I was refering to werner's comment
[14:49] <+jbuch> ahh
[14:50] <+TraderG> [14:43:23] <werner1> the problem is you dont know if it are shorters or longers
[14:50] <+jbuch> why clutter ur brain with crap like that
[14:50] <+TraderG> i have nothing better 2 do
[14:51] <+jbuch> if ur in a position and there is a huge vol spike at s/r be cautious
[14:51] <+TraderG> agree
[14:52] <+jbuch> didn't c ur last comment:)
[14:53] <+TraderG> do u think rickf is still short?
[14:53] <+rickf> yes
[14:53] <+TraderG>
)
[14:54] <+jbuch> I don't know if he is tall or short
[14:54] <+TraderG> i thought u were not here .....
[14:54] <+jbuch> sounds like werner might know though
[14:54] <+TraderG> jb should we lend rickf some $$ to add to his short?
[14:55] <+TraderG> rickf btw I don't mean 2 offend u so if I did I appologize
[14:55] <+rickf> working trade...
[15:00] <@wrbtrader> I haven't been around much today (busy doing personal stuff) but this trend day is nice that it wakes up the market...setting up a few nice trading days early next week.
[15:00] <+werner1> sorry but some times i cant respons ...dont follow you all .....english ploblem here
[15:00] <+rickf> out 37,.25 -3
[15:00] <+rickf> only 1 tho
[15:01] <+TraderG> werner, don't worry. just pm someone if you don't want 2 ask in public
[15:01] <@wrbtrader> Long TF @ 664.10 -> small size
[15:01] <codehead> next fib res starts 1139
[15:01] <+TraderG> i am sure someone will explain
[15:01] <@wrbtrader> ooops
[15:02] <@wrbtrader> Long TF @ 665.10 -> small size
[15:02] <+werner1> thats not the case TG
[15:02] <@wrbtrader> 2 only
[15:02] <+TraderG> which case
[15:02] <+TraderG>
[15:03] <+codehead> NQ 1893.50, then 1896 prev hi
[15:03] <+werner1> i must think wtite
[15:03] <+TraderG> wtite?
[15:04] <+werner1> write
[15:04] <+TraderG> oh
[15:04] <+werner1> i google tekst
[15:05] <+werner1>
http://translate.google.nl/#nl|en|schrijven%0D%0A[15:05] <+TraderG> neat
[15:07] <+TraderG>
http://www.sierrachart.com/userimages/u ... dImage.png[15:07] <+codehead> TF 666
[15:07] <+TraderG> I wonder if we will form a cup and handle or whatever other cutlary one can come up with, and go to 1200
[15:07] <+codehead> seen it stall many time this number, both directions, as er2
[15:08] <+TraderG> [15:07:39] <codehead> TF 666
[15:09] <@wrbtrader> Exited all TF Long @ 665.60 --> + 0.5
[15:09] <+codehead> remember, i said that as ES and s&p hit mkt lows... and that ended up being THE low
[15:11] <@wrbtrader> Not many conversations today on twitter by other Russell 2000 Emini TF traders @
http://www.stocktwits.com/t/TF_F [15:15] <+werner1> yep i see
[15:15] <@wrbtrader> Expansion (Mar 1st) --> Contraction (Mar 2nd, 3rd, 4th) --> Expansion (today Mar 5th)
[15:16] <@wrbtrader> Basic volatility analysis
[15:17] <+werner1> yes i see it yesterday
[15:17] <+werner1> Volatility contracted in Emini TF...I'm now expecting a volatility spike here soon -$TF_F
[15:18] <+werner1> Weak support developed along with several hammer lines - $TF_F
[15:18] <+werner1>
))
[15:18] <+werner1> Expansion (Mar 1st) --> Contraction (Mar 2nd, 3rd, 4th) --> Expansion (today Mar 5th)...basic volatility trading for $TF_F
[15:18] <+werner1> lol
[15:19] <@wrbtrader>
[15:19] <@wrbtrader> someone is reading my tweets on twitter
[15:19] <+werner1> hihi
[15:21] <@wrbtrader> TF support @ 665
[15:23] <+jbuch> Long ES @ 1137
[15:24] <+jbuch> total intuition BS trade
[15:25] <+TraderG> it sure looks like that
)
[15:25] <+jbuch>
[15:25] <@wrbtrader> Shorts TF @ 664.80 -> small size
[15:25] <+jbuch> WISE ASS
[15:25] <+TraderG>
)))))))
[15:25] <@wrbtrader> 2 only
[15:25] <+TraderG> that was funny
[15:26] <+jbuch> Exited all ES Long @ 1136.25 --> - 0.75
[15:26] <+jbuch> and there are my due rewrds
[15:26] <+TraderG> u can pick on me on Monday when I go live again
[15:27] <+jbuch> if u don
[15:27] <+TraderG> don?
[15:27] <+jbuch> don't whole up in a closet
[15:27] <+TraderG> oh
[15:27] <+TraderG> u r right
[15:27] <+jbuch> whole =hole
[15:27] <+TraderG> I might
[15:27] <+TraderG> but I hope I won't
[15:28] <+TraderG> actually I promise that I will have atleast 3 live $ trades
[15:28] <+TraderG> how is that?
[15:28] <+TraderG> now i am on the hook
[15:28] <+jbuch> good
[15:28] <gotedge_guru> jbuch you seems to lose often
[15:29] <+TraderG> if I make 10% of what i made in sim this week I would be VERY VERY happy
[15:29] <@wrbtrader> Covered all TF Short @ 664.70 --> + 0.1
[15:29] <+TraderG> and you <gotedge_guru> seems 2 b new here
[15:29] <+TraderG> jb is one of the best here
[15:29] <@wrbtrader> Good entry but the market wasn't interested in my profit target
[15:30] <+TraderG> I wish I made 1/4 of what he makes
[15:30] * +gotedge_guru buy ES 1136.25
[15:33] <+jbuch> actually I made 2 ticks
[15:33] <+jbuch>
)
[15:34] <+gotedge_guru> No took me 5 year to include fundamental in my trading. I was purely technical before
[15:34] <+MK> looks like some exhaustion here..or else will prob try 1143-45
[15:34] <+codehead> 1139-1141 decent res for now
[15:34] <@wrbtrader> gotedge...fundamentals as economics
[15:35] <+codehead> 1144.50 is gap fill
[15:35] <+jbuch> Long ES @ 1137.25
[15:35] <+gotedge_guru> wrbtrader I use news to size the market
[15:35] <@wrbtrader> Now you're talking...me too.
[15:35] <+TraderG> now we know who does JB take his profits from
[15:35] <+gotedge_guru> wrbtrader took me 5 years to learn that
[15:36] <@wrbtrader> Your a fast learner...took me about 8 years to figure out that TA can't do it all by itself...it needs help
[15:38] <@wrbtrader> Rush hour traffic getting closer...I see good volatility increasing
[15:39] <+gotedge_guru> wrbtrader how do you size volatility
[15:40] <+gotedge_guru> wrbtrader now I stil with risk reward ratio
[15:40] <@wrbtrader> I look for a volatility spike than I wait for contraction in several intervals (minimum of 3) then I look for another volatility spike to break above or below the contracting volatility.
[15:41] <+gotedge_guru> before I use to take tiny gain and big loss. right now I have a profit buy my risk/reward tell me to hold 2 more point
[15:41] <@wrbtrader> I stop using risk:reward ratio as a precursor for trades many years ago.
[15:41] <@wrbtrader> However, don't mind looking at them in hindsight.
[15:46] <@wrbtrader> Long TF @ 665.00 -> small size
[15:46] <@wrbtrader> 3 only
[15:47] <+jbuch> COME ON DARLING
[15:48] <@wrbtrader> If it doesn't get above 665.40 here soon...I'm bailing
[15:50] <+mo2t>
[15:50] <+mo2t> have a nice weeken all
[15:51] <+TraderG> u 2
[15:54] <+jbuch> Exited 3/4 ES Long @ 1137.75 --> + 0.5
[15:54] <+TraderG> what is this jb. ONLY 2 ticks?
[15:55] <+jbuch> sorry what a loser I am
[15:55] <@wrbtrader> Exited all TF Long @ 665.00 --> 0
[15:56] <+gotedge_guru> jbuch buys 10 contract
[15:56] <@wrbtrader> not a stop out...I market out
[15:56] <@wrbtrader> Shorts TF @ 664.60 -> small size
[15:56] <@wrbtrader> 3 only
[15:57] <+jbuch> Exited Remainder ES Long @ 1137.25 --> 0
[15:58] <@wrbtrader> hit a support level
[15:59] <@wrbtrader> Covered all TF Short @ 664.50 --> + 0.1
[15:59] <+TraderG>
:ES does not trade in 1/2 contract increments(3/4 of 10 is 7.7)
[15:59] <+jbuch> Long ES @ 1137.25
[15:59] <@wrbtrader>
[15:59] <+werner1> gn all
[15:59] <+TraderG> 7.7>>7.5
[15:59] <+TraderG> gn werner
[15:59] <+gotedge_guru> market gonna rally after market
[15:59] <@wrbtrader> Long TF @ 664.80 -> small size
[16:00] <@wrbtrader> 3 only
[16:00] <+gotedge_guru> wrbtrader what is the price per tick on TF
[16:01] <+codehead> $10
[16:01] <+rickf> or not know where to find out?
[16:01] <+codehead> $100 per point
[16:01] <+TraderG> rickf - exactly
[16:01] <@wrbtrader> right now I wish it was $100 per tick
[16:01] <+rickf> sorry could not resist
[16:01] <+TraderG>
[16:01] <+jbuch> Exited all ES Long @ 1137.25 --> 0
[16:03] <+jbuch>
would u mind posting a chart with some of ur trades on it
[16:03] <@wrbtrader> Exited all TF Long @ 665.20 --> + 0.4
[16:03] <@wrbtrader> wasn't meant to be
[16:03] <@wrbtrader> gave it 3 good tries
[16:03] <+jbuch> yup same here
[16:04] <+gotedge_guru> made 1 tick like you on ES
[16:04] <+gotedge_guru> 2 tick sorry last trade I lost 1 tick
[16:04] <+jbuch> friday maybe not a lot of movement after the cash close
[16:05] <+jbuch> well it was a good effort
[16:05] <@wrbtrader> I didn't get my profit goal for the day but that was difficult anyway considering I missed most of the trading day.
[16:06] <@wrbtrader> Only one good trade today and that was early in the morning
[16:07] <@wrbtrader> Expect a strong directional price movement in Monday's morning trading session.
[16:07] <@wrbtrader> I may show up early just in case it starts before 0930am est
[16:09] <+rickf> i was trying to decide if i wanted to lay out a few SPY/SPX option spreads after this week's runup, but decided not to ... not gonna pick a top
[16:10] <+rickf> when the market turns i'll climb onboard the trend then
[16:16] <@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[16:19] <@wrbtrader> Just read the possible $360 billion dollar bond funds bubble @
http://www.dailyfinance.com/story/inves ... /19381779/ [16:19] <+gotedge_guru> I'm a poor trader for now you should take into consideration
[16:19] <@wrbtrader> watch out guys...we could have another financial crisis
[16:21] <+gotedge_guru> wrbtrader what is you comment about an other financial crisis
[16:21] <+rickf> we're still IN a crisis
[16:22] <@wrbtrader> Yeah...it's like walking on eggs in this economy...actually the global economy.
[16:22] <@wrbtrader> There's so much money moving around amongst the big boys...consumers not seeing any of it.
[16:23] <@wrbtrader> We all got to admit...we're barely spending money.
[16:23] <@wrbtrader> I know I'm not
[16:23] <+jbuch> what do u think about the dollar and the indexes moving
[16:24] <+jbuch> up
[16:24] <+TraderG> i spoke 2 my broker and he said that there is a lot of private money on the side line
[16:24] <+rickf> me neither
[16:24] <+jbuch> been hearing that for a while
[16:24] <+jbuch> I think that it is moving into other things
[16:25] <+jbuch> I have had 4 people approach me about investing in a construction project
[16:25] <+TraderG> i spend less than half on gas compared with 2 years ago
[16:25] <+jbuch> don't want their $ in the market
[16:25] <@wrbtrader> I don't like the dollar until it can get back above 90.000
[16:25] <+TraderG> and it is not b/c I have a more efficient car
[16:26] <@wrbtrader> The bounce of December's lows has been nice so far.
[16:26] <+jbuch> same here I used to 50000 miles a year on my truck
[16:26] <+TraderG> less going restaurants
[16:26] <+jbuch> had less than 5000 last year
[16:26] <+TraderG> less gadgets
[16:26] <+rickf> me too .. the sushi intake has cut back hard
[16:26] <+rickf> lucky tuna
[16:26] <+TraderG>
) rickf
[16:26] <+rickf>
[16:27] <+TraderG> the fish must like us now
[16:27] <+TraderG> and the cows 2
[16:27] <@wrbtrader> However, currently that U.S. Dollar is inside a key change in supply/demand price area.
[16:27] <@wrbtrader> I'll post a chart later tonight on twitter @
http://chart.ly/user/wrbtrader[16:28] <@wrbtrader> It'll be a weekly chart of the U.S. Dollar Index
[16:28] <+jbuch> yeah but it is very interesting to me that the inverse correlation between the $ dollar and the indexes seems to have reversed
[16:29] <@wrbtrader> If anyone's interested in what others are saying about the U.S. Dollar Index...go to
http://www.stocktwits.com/t/USDX [16:30] <+gotedge_guru> this resulted in a 1 tick gain lol. I should have existed at 4pm
[16:31] <@wrbtrader> Gotta go...need to get outside and catch what's left of the sun here in the Québec City area.
[16:31] <@wrbtrader> Take care all and have a good weekend
[16:31] * wrbtrader is now known as wrbtrader_away
[16:31] <+rickf> cya
[16:32] <+TraderG> I still think that the US is in DEEP pxxp and I don't c how they r getting out of it
[16:32] <+TraderG> just the interest on the newly printed money is hugh
[16:33] <+TraderG> huge
[16:33] <+jbuch> yea it is but that how we always get out of this crap
[16:33] <+jbuch> hopefully we have at least 1 more bubble left in us
[16:33] <+TraderG> the Chineese own u
[16:33] <+TraderG> they can buy the US with the cash they have
[16:34] <+TraderG> last I read it was 3 Trillion $
[16:34] <+jbuch> they already have
[16:34] <+TraderG> that is a problem
[16:35] <+TraderG> I hope that there will be a solution soon , otherwise it will not end well
[16:35] <+jbuch> I am not smart enough to figure that out just wanna see a strong trend
[16:35] <+jbuch> gotta go have a good weekend everyone
[16:36] <+rickf> cya
[16:36] <+rickf> i am outta here too ... see y'all next week
[16:37] <+TraderG> c u
[17:46] <@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/forumSession Close: Fri Mar 05 19:39:55 2010
-------------------------
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