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 Post subject: March 12th Friday - Futures, ETFs and Forex Currencies
 Post Posted: Sat Mar 13, 2010 3:22 pm 
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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: Fri Mar 12 08:36:10 2010
Session Ident: #FuturesTrades
[08:36] * Now talking in #FuturesTrades
[08:36] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[08:37] * falcon-afk is now known as falcon
[09:17] <jbuch> happy friday
[09:20] <Sidhartha> gm all
[09:21] <werner> gm all
[09:25] <rickf> gm
[09:25] <+werner> hi rickf
[09:26] <@wrbtrader> FYI - One of my kids is sick today and spouse has to do some important errands today. Simply, I'll be taking care of the kid today...most likely won't be able to trade until around 2pm est during nap time. I'll drop by here and there before 2pm est but not trading.
[09:26] <+jbuch> +
[09:29] <drt> gm
[09:31] <TraderG> 10-4
[09:35] <+rickf> long es 1146.75
[09:36] <+rickf> exit es 1147.75 +1
[09:37] <+rickf> short es 1147
[09:41] <@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
[09:44] <+rickf> exit es 1146.75 +.25
[09:45] * +rickf figures
[09:52] <+jbuch> Long ES @ 1147.75
[09:55] <+jbuch> Exited all ES Long @ 1147.5 --> - 0.25
[09:58] <+jbuch> forgot about UOM CONSUMER SENTIMENT :((
[09:58] <+rickf> :(
[10:01] <+rickf> short es 1146.25
[10:04] <+rickf> exit es 1144 +2.25
[10:05] <+jbuch> NICE
[10:05] <+rickf> revenge trade
[10:05] <+rickf> lost some $$ on a short i had elsewhere
[10:05] <+rickf> in which i broke my own rule and added to a losing position
[10:05] <+rickf> and which i reduced that back to my original size at the open today
[10:12] <+rickf> short eds 1143.25
[10:16] <+Sidhartha> here comes the chop
[10:19] <Hen> How's the weather in the UK Sidhartha
[10:22] <+rickf> exit es 1143 +.25
[10:22] * +rickf stopped
[10:23] <+jbuch> Long ES @ 1142.75
[10:26] <+rickf> still looking short
[10:26] <+rickf> bit not taking anything yet
[10:26] <+Sidhartha> Hen... not bad. sun's shining.
[10:26] <+Sidhartha> where are you...?
[10:26] <+Hen> California
[10:27] <+Sidhartha> Nice.
[10:27] <+Hen> Early morning 7:27AM
[10:27] <+Sidhartha> yup. early bird and all that
[10:28] <+Hen> Yep.
[10:31] <+jbuch> Exited all ES Long @ 1143 --> + 0.25
[10:31] <+jbuch> blahhhh
[10:42] <+rickf> i just noticed something ... i changed my charts from globex to RTH, which would have kept me out of those 'intuition' trades this morning.
[10:42] <+rickf> they look a bit cleaner, too.
[10:42] <+rickf> must experiment a bit more over time with this
[10:46] <+rickf> back later
[10:54] <+jbuch> good call on the chop sid
[11:11] <@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
[11:16] <ItalianSharp> hi all...how's everyone doing?
[11:16] <+ItalianSharp> dilemma of the day: will SPX close above or below 1150?
[11:16] <+ItalianSharp> this is what's in traders' minds IMO
[11:39] <+Hen> ItalianSharp how is the economic situation there in Italy. Should Italy be a part of the PIIGS concern?
[11:40] <+ItalianSharp> hi Hen...no, I dont think so...Portugal and Spain look a little shaky
[11:40] <+ItalianSharp> Italy is 4th in line
[11:40] <+Hen> I see..
[11:41] <+ItalianSharp> Most of the western developed nations have high levels of debt
[11:41] <+Hen> Are you a native Italian or moved there from elsewhere?
[11:42] <+ItalianSharp> I was born here in Italy, then moved to the US for 7yrs, then to Holland, then back to Italy
[11:42] <+Hen> Nice.
[11:42] <+ItalianSharp> where you from?
[11:42] <+Hen> The USA is not for everyone
[11:42] <+Hen> I'm a native born American
[11:43] <+Hen> Born in California
[11:43] <+ItalianSharp> where in CA?
[11:43] <+Hen> San Francisco
[11:43] <+ItalianSharp> I used to live in southern CA, san diego
[11:44] <+Hen> Nice weather down there, with a big military presence
[11:44] <+ItalianSharp> visited the north a few times...was impressed with quality of life in SF
[11:44] <+Hen> Yes, it's hard to leave SF. Probably one of the most advanced and tolerant cities in the USA
[11:45] <+ItalianSharp> agree...i had a very good feeling about it while i was there
[11:46] <+ItalianSharp> very different than ny or other big cities across the nation
[11:46] <+Hen> Some people say it is as close to Europe as other cities in the USA
[11:46] <+Hen> than other cities in the USA
[11:47] <+ItalianSharp> agree
[11:47] <+werner> why did you left holland IS...lol
[11:48] <+ItalianSharp> wanted to come back home...stay closer to my family...i felt like i had been missing out too much while i was away
[11:49] <+werner> ok :)
[11:50] <@wrbtrader> Reminder: [09:26] <@wrbtrader> FYI - One of my kids is sick today and spouse has to do some important errands today. Simply, I'll be taking care of the kid today...most likely won't be able to trade until around 2pm est during nap time. I'll drop by here and there before 2pm est but not trading.
[11:57] <+rickf> back for a bit
[12:38] <+Sidhartha> Hen, I know CA pretty well... my sister lives just outside San Jose... has for 20 years now. Nice part of the world
[12:41] <@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
[12:43] <+ItalianSharp> you guys have a good wk...i am done watching this
[12:43] <+ItalianSharp> keep an eye on SPX 1150...bulls and bears will battle it out to get the close
[12:44] <+Sidhartha> IS, good to see you... I was gonna drop you an e-mail today... maybe over the weekend.
[12:45] <+ItalianSharp> sure sid
[12:45] <OICU812> hey guys
[12:51] <MK> Covered all ES Short @ 1134.25 --> - 38.25 «« simulator »»
[13:05] <+jbuch> hey oic how are you
[13:05] <+jbuch> Long ES @ 1144.75
[13:14] <+OICU812> doing good. how are you?
[13:14] <+OICU812> hows life off the grid? :)
[13:17] <+jbuch> soryy had a phone call
[13:17] <+jbuch> doing good thanks
[13:18] <+jbuch> stiil hooked up to the matrix
[13:19] <+jbuch> hopefully by july or august
[13:19] <+jbuch> Exited all ES Long @ 1145.25 --> + 0.5
[13:20] <+jbuch> slim pickings since the initial drop this am
[13:21] <+jbuch> at least for me
[13:29] <+OICU812> it is slim
[13:30] <+TraderG> i think the train is starting 2 move.....
[13:31] <+OICU812> up or down TraderG?
[13:31] <+TraderG> up
[13:31] <+jbuch> Long ES @ 1145.25
[13:31] <+jbuch> lets hope your right
[13:31] <+TraderG> JB no guaranties
[13:31] <+TraderG> :)
[13:32] <+TraderG> don't come crying 2 me later
[13:32] <+jbuch> reminds me of yesterays move that I got knocked out of probably to early for any big breakout though
[13:32] <+jbuch> LOL
[13:34] <+jbuch> 50 is a rock on the old contract
[13:34] <+jbuch> are you long as well TGa
[13:34] <+TraderG> i am stuck in ZS long but it is not moving
[13:35] <+TraderG> slightly down
[13:35] <+TraderG> and long TF
[13:35] <+TraderG> the same
[13:35] <+jbuch> loook at you go :)
[13:38] <+TraderG> i think we have some protesters on the track and that is impeding the move
[13:41] <+jbuch> not looking very good
[13:41] <+TraderG> no
[13:41] <+TraderG> it is those protesters
[13:42] <+jbuch> sometimes those are the ones that work out best though
[13:43] <+jbuch> third times the charm
[13:43] <+jbuch> fingers crossed
[13:43] <+TraderG> looks better now
[13:44] <+TraderG> the police arrived
[13:46] <+jbuch> if it hits 45 again we might be in trouble
[13:46] <+jbuch> if it hits 46 I think home free
[13:46] <+OICU812> i have a long at 50.75
[13:46] <+OICU812> still H
[13:47] <+TraderG> gj is on our side
[13:47] <+TraderG> CL is sleeping
[13:47] <+TraderG> GC the same
[13:48] <+TraderG> oil is falling
[13:48] <+TraderG> not good 4 us
[13:49] <+jbuch> sorry I fell asleep there as well
[13:49] <+TraderG> but what do i know
[13:49] <+jbuch> it is all just a guess :))
[13:49] <+TraderG> if i would I would be in my Bentley not in front of the screens
[13:50] <screenstruck> u have screens in your bentley? :)
[13:51] <+TraderG> 1:18 scale
[13:51] <+jbuch> do you feel better now
[13:52] <+jbuch> has anyone been playing that Bloxorz game that TG posted a link to a few days ago
[13:54] <+jbuch> ruh roh
[13:54] <+jbuch> Exited all ES Long @ 1144.75 --> - 0.5
[13:59] <+jbuch> Long ES @ 1145.25
[13:59] <+jbuch> doubled up this time
[14:00] <+jbuch> come on we tried below now break it and run like the wind
[14:04] <+jbuch> not quite the reaction that I was what hoping for above 46
[14:06] <+TraderG> got out of both
[14:06] <+TraderG> samll profit
[14:06] <+TraderG> paper
[14:07] <+TraderG> at least the direction was right
[14:09] <+TraderG> Long TF @ 673.9 «« simulator »»
[14:10] <+TraderG> no real reason
[14:10] <+TraderG> just a long bias 2day
[14:11] <@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
[14:19] <+rickf> back again
[14:24] <+jbuch> Exited all ES Long @ 1146 --> + 0.75
[14:24] <+jbuch> sorry late post company came over
[14:25] <+TraderG> Exited all TF Long @ 672.9 --> - 1 «« simulator »»
[14:33] <+ItalianSharp> like i said a few hrs ago, SPX 1150 acting like a major magnete...expect the market to float around this pivot until the last hr or 30min...then things may heat up and get a little wild
[14:33] <+ItalianSharp> i aint touching anything until one side subsides to 1150...its either we go for 1200 or we drop back to 1100
[14:34] * +rickf agreed
[14:34] <+rickf> 1130 would be a good enough move down to convince me to go short
[14:35] <+TraderG> so u r not trading until 1100 or 1200 r hit?
[14:35] <+ItalianSharp> no i didnt mean it that way...today is friday and i am wanna see where we close
[14:35] <+ItalianSharp> a strong close above or below 1150 would set the tone for next week
[14:36] <+TraderG> what's the diff? we will close on either side of 1150
[14:36] <+ItalianSharp> a close around 1150 would also imply more chop early next week
[14:36] <+ItalianSharp> there is no difference for you between 1151 and 1160?
[14:36] <+TraderG> that is my prediction
[14:36] <+TraderG> 9 points
[14:36] <+TraderG> is the diff
[14:37] <+TraderG> let me check with my calc
[14:37] <+TraderG> yes
[14:37] <+TraderG> it is 9 points
[14:37] <+ItalianSharp> right...but 9pts above/below a key pivot is a lot more meaningful than a 1pt close above/below it
[14:37] <+TraderG> u have 2 b more clear next time :))
[14:38] <+ItalianSharp> however, i am not trying to talk you into anything...if you think today's close is not important that's ok with me...
[14:39] <+ItalianSharp> i am just saying that trading is a very psychological game...and 1150 has been talked about over and over and over again
[14:39] <+TraderG> and it would be nice if u would write short sentences because by the time a get to the end of a multi-line thing, I forget what was written in the beginning.
[14:39] <+ItalianSharp> and since we've been trading around it since 10am...well, you draw your own conclusions
[14:39] <+TraderG> old age u know
[14:39] <+TraderG> :))
[14:40] <+ItalianSharp> i write what i have to say...you are free to ignore my posts
[14:41] <+rickf> we still <3 you IS
[14:41] <+TraderG> what happened 2 your sense of humor?
[14:42] <+TraderG> Shorts TF @ 672.8 «« simulator »»
[14:42] <+rickf> this market has gone no-where today. either going to be a quiet close or major gaming in the final hour
[14:42] <+rickf> actually this whole week ahs been quirky
[14:42] <+ItalianSharp> rick, agree
[14:42] <+Sidhartha> basically chop since 10am
[14:42] <+ItalianSharp> will be back in 1hr and see where we are at
[14:42] <+Sidhartha> that left 30 mins of trading at the start of the day!
[14:48] <+rickf> the 5m ES looks like a slithering snake :)
[14:54] <+TraderG> Covered all TF Short @ 673 --> - 0.2 «« simulator »»
[14:54] <+TraderG> Long TF @ 672.9 «« simulator »»
[14:55] <+rickf> greece getting a bailout from the EU
[14:56] <jigglyhippo> they're what like 400bn in debt?
[14:56] <+TraderG> it's only ink and a few trees
[14:57] <+rickf> yeah
[14:58] <+TraderG> exit stop set TF @ 672.5 «« simulator »»
[15:02] <+TraderG> Trailing Stop Hit TF @ 672.5 --> - 0.4 «« simulator »»
[15:05] <+TraderG> Shorts TF @ 672.5 «« simulator »»
[15:06] <+TraderG> do you think that rainy days get us into a short bias more than sunny days?
[15:06] <+rickf> nope
[15:07] <+rickf> the 'bias' is evident -- possible doubletop, the 70% rise this past year, fib retrace to the 2007 high, etc
[15:07] <+rickf> plus the economic news is just not that good despite the cnbc cheerleading
[15:08] <+rickf> looking out 9-24 months I am biased short
[15:09] <+TraderG> so u think that the weather does not effect how we trade?
[15:10] <+rickf> it affects everyone ... not sure if rain = short bias or not
[15:10] <+rickf> only weather affecting trades are big storms .... think the light volume during the blizzard last month
[15:13] <+TraderG> my thinking is that in bad gloomy weather people think negatively more than in sunny days when they r more optimistic
[15:13] <+TraderG> there is a lot we don't know about our behaviour
[15:14] <+TraderG> I started to think about these and other things when I realized that I am a net loser not b/c of technique but b/c of emotions
[15:17] <+TraderG> Covered 1/2 TF Short @ 671.5 --> + 1 «« simulator »»
[15:18] <+TraderG> exit stop set TF @ 672.9 «« simulator »»
[15:20] <+TraderG> exit stop set TF @ 672.4 «« simulator »»
[15:21] <+TraderG> exit stop set TF @ 672.1 «« simulator »»
[15:22] <+TraderG> Covered Remainder TF Short @ 671 --> + 1.5 «« simulator »»
[15:22] <+TraderG> chickened out
[15:26] <+rickf> yeah -- emotion will kill you. i blew my first account getting excited
[15:27] <+TraderG> i got an HRV device a few weeks ago
[15:27] <+TraderG> i don't think it hels me yet
[15:27] <+TraderG> but I can see when I am not acting normally
[15:28] <+rickf> interesting!
[15:28] <+TraderG> which JB would say i never do :(
[15:28] <+TraderG> :)
[15:29] <+TraderG> my heart rate goes up to over 100 (normally it is les than 75)
[15:29] <+TraderG> I get tunnel vision and I sweat like a pig
[15:30] <+TraderG> perfect example of my trading. Great entry , stop was at the right place and i got out anyway
[15:30] <+rickf> yeah i still second-guess myself. take 1 point and leave 5 on the table
[15:31] <+TraderG> notwithstanding what I wrote 2 IS, please let me know if u want me to limit my writing (I will not b offended)
[15:31] <+TraderG> i traded live in the morning and lost a small amount
[15:32] <+TraderG> 2 trades were against my rules and ended up losers
[15:32] <+rickf> bo
[15:32] <+rickf> np
[15:32] <+TraderG> 2 were based on my rules and they were winners but cut them too short
[15:33] <+OICU812> im done guys, have a good weekend
[15:33] <+TraderG> i think people put too much emphasis on technique instead of emotional control
[15:33] <+TraderG> c u
[15:35] <+rickf> short on the ES here would be nice but not taking it at this time
[15:35] <+rickf> intuition trade
[15:38] <+jbuch> Long ES @ 1143.75
[15:39] <+jbuch> wow we look atmarketcompletly different
[15:40] <+TraderG> rickf is it b/c u think it will have 1 more push down?
[15:40] <+rickf> yeah really jb
[15:40] <+rickf> G ... no, just an instinct
[15:40] <+rickf> but yeah, obviously lower if i was shorting :)
[15:41] <@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
[15:42] <+TraderG> my question was - is that intuition based on the fact that we were going down and then up but your gut told you that we should make one more push down?
[15:42] <+codehead> 1145 now a res, but of course 1146.50 the key one
[15:43] <+rickf> i saw the creep down and thought it would continue
[15:43] <+TraderG> it is obvious that u would short if u think the market is going down:)
[15:43] <+TraderG> ok
[15:43] <+TraderG> that's what I thought
Image
[15:43] <+TraderG> i do that often
[15:43] <+TraderG> i think instead of look
[15:43] <+rickf> the 'intuition' part was that it was not a planned trade --- ie a good setup
[15:44] <+TraderG> i understand
[15:44] <+TraderG> those r the account killers
[15:44] <+TraderG> 4 me at least
[15:44] <+rickf> now and then it's ok ... but i try not to do them too often :)
[15:45] <+rickf> not every trade can be planned
[15:45] <+TraderG> why not
[15:45] <+rickf> there can be opportunities you didn't expect
[15:45] <+TraderG> without a proper setup?
[15:46] <+rickf> i dont trade breakouts. but if one is looking very likely (ie the 'hunch') i may take a small position on it
[15:46] <+rickf> since i dont trade breakouts i dont have a setup for it
[15:47] <+TraderG> if u look @ your trade history, What is the success rate of those kinds of trades?
[15:47] <+rickf> so-so ... which is why i don't take them too often
[15:48] <+TraderG> Shorts TF @ 672.9 «« simulator »»
[15:48] <+TraderG> this is an example of a IT WENT TOO FAR UP trade
[15:48] <+TraderG> no rules were followed whatsoever
[15:49] <+rickf> sometimes it'll work sometimes it won't
[15:50] <+rickf> looking at the ES I am still sensing it as a short ... even tho it's up 2 since i first mentioned it
[15:51] <+rickf> which is why i would NEVER do a big size on such a trade ... too much uncertainty
[15:51] <@wrbtrader> Reminder: FYI - One of my kids is sick today and spouse has to do some important errands today. Simply, I'll be taking care of the kid today...most likely won't be able to trade.
[15:52] <@wrbtrader> Hi all...just stopped by for a minute to say hope all had a good trading day and to have a good weekend.
[15:53] <+rickf> horrible trading day wrbtrader - you had more fun!
[15:53] <+screenstruck> kid doing better?
[15:53] <+rickf> hope the kid is ok
[15:53] <@wrbtrader> Just got back from the clinic...one of my kids has strep throat.
[15:53] <+TraderG> Covered all TF Short @ 672.7 --> + 0.2 «« simulator »»
[15:53] <+screenstruck> nasty for kids
[15:53] <+jbuch> Exited all ES Long @ 1144.75 --> + 1
[15:54] <+rickf> i want to try and start the lehmen commission report this weekend
[15:54] <+rickf> sounds like some hallacious games were played
[15:55] <+rickf> Lehman Brothers Holdings Inc. Chapter 11 Proceedings Examiner’s Report
[15:55] <+rickf> http://lehmanreport.jenner.com/
[15:55] <+jbuch> LOL right at 150
[15:55] <+rickf> but first up is the john paulson book 'the greatest trade' ... been dusting around it on the coffee table for months
[15:56] <+jbuch> cracked open the al brooks book again
[15:56] <+rickf> ?
[15:56] <+jbuch> sorry to read about your kid N
[15:56] <+jbuch> reading price charts bar by bar
[15:57] <+TraderG> Mark, chicken soup will cure almost anything
[15:57] <+TraderG> youtube has some of his videos
[15:57] <+screenstruck> hows the book jbuch?
[15:58] <+jbuch> read all of his stuff in futures mag
[15:58] <+jbuch> loved it
[15:58] <+TraderG> it's a treasure chest but written awfully
[15:58] <+jbuch> the book kind of just rehashes that IMO
[15:59] <+jbuch> in more detail but
[15:59] <+TraderG> Shorts TF @ 673.1 «« simulator »»
[15:59] <+jbuch> it is very hard to follow his writting style
[15:59] <+screenstruck> thanks
[15:59] <+jbuch> NP
[16:00] <+rickf> ding ding
[16:00] <+TraderG> Covered all TF Short @ 674.1 --> - 1 «« simulator »»
[16:01] <+TraderG> serves me right :(
[16:01] <+jbuch> punks
[16:01] <+rickf> :(
[16:01] <+jbuch> sneaking this thing up after hours
[16:01] <+TraderG> next week - no candy if i enter a trade against my rules
[16:02] <+jbuch> more vol now than all day
[16:02] <+TraderG> one of the things that Brooks wrote is that the trend will last longer than we think. So true
[16:03] <+rickf> this was the longest "flat" tape i've seen ... ES didn't move much from 11AM onward
[16:03] <+jbuch> and crappy sideways shit will as well
[16:03] <+rickf> is what i meant
[16:04] <+werner> nice wk all
[16:04] <+jbuch> yeah another one of those days ,if you miss the morning move your screwed
[16:04] <+rickf> you too
[16:04] <+jbuch> same to u werner
[16:04] <+werner> tx:))
[16:05] <+Sidhartha> out of interest, has wrbtrader read the Al Brooks book...?
[16:06] <+rickf> okay guys ... have a good w/e. see y'all on monday
[16:06] <+Sidhartha> from one price action trader to another as it were...
[16:08] <+TraderG> have a good weekend every 1
[16:11] <+jbuch> cya TG
[16:11] <+TraderG> bye
[16:12] <+codehead> rad, s7P ")" on the day
[16:12] <+codehead> "0"
[16:12] <+codehead> sheesh s&p
[16:12] <+codehead> nasdaq -1
[17:08] <@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
Session Close: Fri Mar 12 20:06:10 2010

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

#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

Commonly discussed trading instruments from futures, exchange traded funds and forex currencies:

Image CME Emini Futures EMD, ES and NQ

Image ICE Emini TF Futures (formerly CME ER2)

Image CBOT mini-sized Dow Futures YM

Image Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

Image Eurex Fixed Income Derivatives (futures) BUND, BOBL and Schatz

Image Euronext Futures FTSE-100 and CAC-40

Image CME Futures EuroFX 6E and EC

Image Treasury Futures T-Notes ZT, ZN, ZF and T-Bonds ZB

Image Forex Currencies GBPUSD, EurUsd, EurYen and UsdCdn

Image Exchange Traded Funds BGU, DIA, FAS, FAZ, GLD, IWM, QQQQ, SPY, OIH, TNA and XLE

Image NYMEX Energy Futures Light Crude Oil CL, e-miNY QM and Natural Gas NG

Image COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI

Image 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)
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


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