#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: Thu Mar 18 05:44:13 2010
Session Ident: #FuturesTrades
[05:44] * Now talking in #FuturesTrades
[05:44] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[08:57] <@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[09:23] <werner>
all
[09:27] <jbuch> good morning everyone
[09:28] <pat255>
all
[09:29] <Sidhartha>
all
[09:29] <drt>
[09:33] <+jbuch> Long ES @ 1161
[09:34] <mo2t> GM all
[09:34] <+mo2t> in 25 mins: Philly Fed Manufacturing Index
[09:36] <+jbuch> Exited all ES Long @ 1162.25 --> + 1.25
[09:38] <+pat255> vn jb
[09:40] <+jbuch> thanks
[09:40] <+jbuch> choppy
[09:46] <Risk> news @10
[09:53] <+Risk> 1162.5 was hit overnight and in premarket and after the open
[09:54] <+jbuch> Long ES @ 1161.25
[09:55] <+Risk> news in 5 min
[09:57] <+jbuch> Exited all ES Long @ 1161.75 --> + 0.5
[09:58] <+Risk>
[10:00] <+jbuch> this range is the dead zone
[10:01] <+Risk> news better than exp
[10:07] <+jbuch> Shorts ES @ 1161.5
[10:13] <+jbuch> Covered all ES Short @ 1161.25 --> + 0.25
[10:15] <+jbuch> quite a bit of vol came in premarket at around 60.5 seems like theyare defending it
[10:18] <JimL1> same relative area in 681.4 2 blocks of 2700 & 1070 just m=now
[10:20] <+jbuch> love to see it sell of and get down to around 49
[10:22] <+Risk> u r so mean
[10:22] <+Risk> think about all the people that will b hurt
[10:22] <+jbuch> lol
[10:22] <+werner> what a mess
[10:23] <+jbuch> yup
[10:23] <+werner> sit on my hands
[10:23] <+Risk> still betting on UP but no signal yet
[10:24] <+Risk> made a check list taht I have 2 fill 4 every trade to prevent me from doing my usual stupidities
[10:27] <@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[10:27] <+jbuch> good for you that is a good approach
[10:33] <+jbuch> Long ES @ 1161.25
[10:35] <+jbuch> Exited ES Long @ 1160.5 --> - 0.75
[10:35] <+jbuch> Reverse and Enter Short ES @ 1160.5
[10:42] <+jbuch> Covered all ES Short @ 1159 --> + 1.5
[11:01] <+jbuch> Long ES @ 1161
[11:07] <mo2t> this is extremly low volatile day on ES jbuch, is not it?
[11:10] <+jbuch> yeah miserable
[11:11] <+jbuch> Exited all ES Long @ 1161 --> 0
[11:14] <+jbuch> Long ES @ 1161
[11:41] <+Risk> jb r u
ing?
[11:47] <+jbuch> sorry my mom called
[11:48] <+jbuch> Exited all ES Long @ 1161 --> 0
[11:51] <+jbuch> actually took off half at 1162 breakeven on the other half but then I reentered with 1 while talking on the phone and lost a couple of ticks
[11:52] <+jbuch> confusing PA
[11:54] <@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[12:05] <codehead> 1156.5, then cluster at 1154.75, gap fill ES
[12:13] <+codehead> bounced the first ES #
[12:13] <+codehead> i took NQ long, reluctant bouncer unfortunately
[12:13] <+codehead> i need to remember to post entries/exits--get too wrapped up in trade sorry
[12:35] <+codehead> don't forget, triple witching Friday
[13:24] <@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[13:39] <+codehead> ES tapped .618 of today's range, but lagging NQ YM on bounce
[14:34] <+Risk> sorry to interrupt the flowing conversation.....
[14:34] <+codehead> any one here trade with murrey math?
[14:34] <+Risk> what's that?
[14:34] <+codehead> voodoo, i think
[14:34] <+codehead> search for it
[14:35] <+codehead> a system of support/resistance lines
[14:35] <+Risk> who supplies the needles?
[14:36] <+codehead> pins only
[14:36] <+codehead> but they are in software
[14:54] <@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[14:55] <+jbuch> hello everyone
[14:55] <+jbuch> Long ES @ 1158.75
[15:09] <+jbuch> Exited all ES Long @ 1159.75 --> + 1
[15:11] <+jbuch> probably should not have bailed but every strong move up and down has failed today
[15:13] <+codehead> yeah tough, and narrow rnages
[15:13] <+codehead> ranges
[15:15] <+Risk> I had a great day
[15:15] <+Risk> did not lose a cent
[15:16] <+Risk> with my new note taking requirements I over analized everything and I did not take any trades so I am net NOT NEGATIVE which is a double negative which is positive
[15:17] <+codehead> that would be, uh, low... Risk...
[15:17] <+codehead> or no RIsk
[15:17] <+Risk>
[15:17] <+Risk> very low risk
[15:17] <+codehead> :-)
[15:33] <+jbuch> Long ES @ 1160.5
[15:35] <+jbuch> Exited 1/3 ES Long @ 1161.25 --> + 0.75
[15:35] <+jbuch> lol
[15:36] <+jbuch> spazzing out
[15:45] <+jbuch> wish that we would have sold off. I fear that if we stayup here we are just going to flop around. Like we did today
[15:46] <+codehead> remember, expiry tomorrow
[15:47] <+codehead> more puts than call, vast majority destined to expire worthless
[15:48] <+jbuch> so what does that mean to you
[15:49] <+codehead> just... don't expect a 40 point dump ;-)
[15:49] <+codehead> see what happens, say, tuesday
[15:50] <+codehead> but anyway, short in a tough position, obviously, so dips getting bought so far
[15:50] <+codehead> shorts
[15:50] <+jbuch> would you expect to stay range bound
[15:51] <+jbuch> for months every dip has been a buy the deeper the dip the better
[15:51] <+jbuch> but it did feel weak to me today whatever in the hell that means
[15:51] <+codehead> that's cuz people keep buying those puts
[15:51] <+codehead> in big numbers
[15:52] <+jbuch> and that weakens the market
[15:52] <+jbuch> don't know crap about options need to read up about them
[15:52] <+codehead> hm, strengthens the mkt really
[15:53] <+codehead> maybe i don't see you view
[15:53] <+jbuch> or maybe I will just go fishing on triple witching days
[15:54] <+codehead> the fact that people buy puts means they are skeptical
[15:54] <+codehead> which is a good thing
[15:54] <+codehead> and mkt keeps having to bounce to make sure they lose
[15:55] <+codehead> and also supply buyers via covering
[15:55] <+codehead> when everyone's buying calls, then it's time to worry
[16:00] <+jbuch> well wasn't that exciting
[16:02] <+jbuch> c u later falcon great chatting with you thanks for the contribution
[16:02] <+jbuch>
[16:04] <+codehead> lol
[16:21] <@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[16:22] <+Sidhartha> markets very out of sync today... albeit within a range really
[16:23] <+Sidhartha> quite ugly price action... perhaps one clear setup today that paid relatively quickly... all the others you needed the patience of a saint
[16:24] <+jbuch> yeah tough day
Session Close: Thu Mar 18 16:40:12 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=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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