#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 22 09:19:02 2010
Session Ident: #FuturesTrades
[09:19] * Now talking in #FuturesTrades
[09:19] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:21] <werner>
all
[09:21] <@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[09:21] <+werner> is it summer time in the us?
[09:26] <Sidhartha> since last weekend
[09:29] <drt>
everyone
[09:33] <mo2t>
all
[09:34] <@wrbtrader> Big GAP down in Oil etf OIH and XLE
[09:35] <@wrbtrader> Will be tough for the Eminis to go higher as long as Oil stays down
[09:36] <+Sidhartha> NQ trying to lead a fightback
[09:38] <+werner> back ...thnx sid
[09:39] <Risk> cramer said that if the health THING is aproved >> stocks will fall. since he is mostly wrong we should go up.
[09:40] <@wrbtrader> Shorts TF @ 666.20 -> small size
[09:40] <@wrbtrader> 3 only
[09:42] <@wrbtrader> Covered all TF Short @ 667.10 --> - 0.9
[09:43] <+Risk> i also forgot 2 mention that many people follow him. even more reason 4 the market 2 go up
[09:43] <@wrbtrader> Markets in sync now...oil and gold
off their lows
[09:44] <+werner> nq cap close
[09:44] <+werner> Gap
[09:44] <+Sidhartha> yup
[09:44] <+Sidhartha> lets see if it can hold
[09:48] <+werner> ym gap close
[09:48] <+werner> wow
[09:49] <@wrbtrader> Oil and Gold not even close to closing their own gap while other key markets have or close to doing such.
[09:49] <+werner> ok tx
[09:49] <@wrbtrader> We're either going to go higher or stall for awhile here.
[09:49] <@wrbtrader> Shorts TF @ 669.50 -> small size
[09:49] <@wrbtrader> 3 only
[09:50] <+werner> brb
[09:52] <Tigerman> Shorts ES @ 1153 «« simulator »»
[09:53] <+Tigerman> hi all btw
[09:53] <@wrbtrader> Covered all TF Short @ 670.30 --> - 0.8
[09:53] <+Tigerman> Covered all ES Short @ 1153.75 --> - 0.75 «« simulator »»
[09:55] <@wrbtrader> Long TF @ 670.50 -> small size
[09:55] <+werner> wow nq
[09:55] <@wrbtrader> 3 only
[09:55] <@wrbtrader> Rusell 2000 IWM just closed it GAP
[09:55] <+Tigerman> Shorts ES @ 1154 «« simulator »»
[09:55] <+Tigerman> 2 only
[09:56] <+werner> only es not
[09:57] <+Tigerman> Covered 1/2 ES Short @ 1153.75 --> + 0.25 «« simulator »»
[09:58] <+Tigerman> Covered Remainder ES Short @ 1154.75 --> - 0.75 «« simulator »»
[09:58] <@wrbtrader> Exited all TF Long @ 671.10 --> + 0.6
[09:58] <+werner> 71.60 res tf?
[09:59] <+werner> ok you are out:)
[10:00] <+Tigerman> Shorts ES @ 1154.25 «« simulator »»
[10:00] <jbuch> good morning everyone
[10:00] <+Tigerman>
jbuch
[10:00] <+werner>
jbuch
[10:01] <+Sidhartha> morning
[10:01] <+Risk> and now that every 1 feels comfy that the market is going up >> it turns
[10:01] <+Sidhartha> they've squeezed all the shorts out
[10:02] <+Tigerman> yep expecially mine
[10:03] <@wrbtrader> Shorts are heavy in other markets...will be interesting to see if Longs can show up in those markets like Oil and Gold.
[10:03] <+Tigerman> I hope no
[10:04] <@wrbtrader> If they do show up...we'll see a big trend day to the upside within the next few trading days.
[10:09] <+Tigerman> Covered all ES Short @ 1154 --> + 0.25 «« simulator »»
[10:10] <+Tigerman> lost patience and suffer too much also used a very large stop
[10:15] <+jbuch> Long ES @ 1154.5
[10:17] <@wrbtrader> all key markets ranging now
[10:24] <+jbuch> Exited all ES Long @ 1156 --> + 1.5
[10:26] <+werner> vn
[10:26] <@wrbtrader> Yep
[10:27] <+jbuch> 1157 is a key level for me
[10:27] <@wrbtrader> Those other key markets are now trying to fill in their gaps.
[10:27] <@wrbtrader> Pushing the Eminis higher
[10:28] <@wrbtrader> They still have a few more points to go too
[10:28] <+Sidhartha> ferocious rally this morning
[10:30] <@wrbtrader> Long TF @ 673.90 -> medium size
[10:30] <@wrbtrader> 4 only
[10:30] <@wrbtrader> intuition
[10:30] * codehead_afk is now known as codehead
[10:30] <+jbuch> surprises the heck out of me figured we were going to push down this am
[10:30] <+Tigerman> Long ES @ 1158.75 «« simulator »»
[10:31] <@wrbtrader> Exited 1/2 TF Long @ 675.00 --> + 1.1
[10:32] <@wrbtrader> Exited Remainder TF Long @ 674.50 --> + 0.6
[10:32] <+Tigerman> Exited all ES Long @ 1159 --> + 0.25 «« simulator »»
[10:33] <+Tigerman> my last trade had a strong logic behind
[10:33] <+Tigerman> upset to beated on previous short
[10:33] <@wrbtrader> Other key markets showing their first signs of weakness
[10:34] <+Tigerman> Shorts ES @ 1158 «« simulator »»
[10:34] <+Tigerman> 2 only
[10:38] <+Tigerman> Covered 1/2 ES Short @ 1158.25 --> - 0.25 «« simulator »»
[10:38] <+Tigerman> 1 tick to fill
[10:39] <+Tigerman> Covered Remainder ES Short @ 1158.25 --> - 0.25 «« simulator »»
[10:45] <+werner> mm i dont like this ..
[10:46] <@wrbtrader> Long TF @ 675.00 -> small size
[10:46] <@wrbtrader> 2 only
[10:46] <@wrbtrader> intuition
[10:51] <@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[10:52] <@wrbtrader> Exited all TF Long @ 676.40 --> + 1.4
[10:54] <+Tigerman> Shorts ES @ 1159.25 «« simulator »»
[10:56] <+Tigerman> Covered 1/4 ES Short @ 1159 --> + 0.25 «« simulator »»
[10:57] <+Tigerman> Covered 1/4 ES Short @ 1158.75 --> + 0.5 «« simulator »»
[10:58] <+Tigerman> Covered 1/4 ES Short @ 1159 --> + 0.25 «« simulator »»
[11:04] <+Tigerman> Covered Remainder ES Short @ 1159 --> + 0.25 «« simulator »»
[11:05] <+Tigerman> I am happy today
[11:05] <+Tigerman> after a string of losing I am in green if commision not included
[11:06] <+Tigerman> for me is not easy continue trading after things not going well
[11:08] <+jbuch> good job tigerman
[11:08] <+Tigerman> thanks
[11:09] <codehead> NQ at res... next is 1948-49.75
[11:10] <+Tigerman> look for short
[11:10] <+Sidhartha> yeah it's been a tough morning Tiger... markets out of sync and quite a ferocious rally
[11:10] <+codehead> got in one scalp short, but things not showing weakness yet
[11:10] <+codehead> strogn Tick today
[11:11] <+Sidhartha> OIL ETF's close to filling gaps
[11:12] <@wrbtrader> Yep...I'm just waitign for them to do such to see how the rest of the market responds
[11:14] <+Tigerman> Shorts ES @ 1159.5 «« simulator »»
[11:14] <+Tigerman> 2 only
[11:15] <+Tigerman> Covered 1/2 ES Short @ 1159.25 --> + 0.25 «« simulator »»
[11:15] <+Tigerman> Covered Remainder ES Short @ 1159 --> + 0.5 «« simulator »»
[11:15] <+Tigerman> reported later
[11:16] <+Tigerman> happy with my gross results
[11:16] <+Tigerman> but comission still heavy on overall results..
[11:24] <+codehead> YM looking weak
[11:44] <+jbuch> Long ES @ 1158
[11:49] <+jbuch> Exited all ES Long @ 1158.75 --> + 0.75
[11:49] <+jbuch> gotta take off
[11:49] <+jbuch> BBL
[11:59] <+codehead> USO green
[12:18] <@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[12:20] <+Tigerman> end here for today
[12:20] <+Tigerman> see all next time
[12:33] <@wrbtrader> I'm a little surprise by the strength in that drop in the U.S. Dollar after 9am est
[12:35] <+codehead> yeah
[12:35] <+codehead> was looking at that too
[12:44] <+codehead> dollar done dumping?
[12:45] <+codehead> hit a fib extension
[12:50] <@wrbtrader> Gold
hard to keep it's gains while within the range of a prior key change in supply/demand
[12:53] <@wrbtrader> Google looking to hire bond traders @
http://www.businessinsider.com/google-b ... ves-2010-3[12:55] <@wrbtrader> I wouldn't be surprise to see more companies with very large cash reserves do the same this year...hire their own group of traders to trade that cash reserves.
[12:56] <@wrbtrader> Especially when they've lost the trust of letting Wall Street do it for them.
[12:57] <+codehead> wow
[13:01] <+codehead> tick extreme
[13:01] <@wrbtrader> Long TF @ 678.50 -> small size
[13:01] <@wrbtrader> 3 only
[13:02] <@wrbtrader> All of my key markets have now filled in their gap
[13:02] <@wrbtrader> That's 2 contracts...not 3
[13:02] <+Sidhartha> intuition wrbtrader...
[13:02] <@wrbtrader> yes
[13:07] <@wrbtrader> Exited all TF Long @ 679.00 --> + 0.5
[13:11] <+codehead> dollar trying
[13:12] <+codehead> could ahve exited again....
[13:12] <+codehead> heck i'm only tryign to get out ith 1 tick, so silly
[13:12] <+codehead> very
[13:13] <+codehead> should either go for more, or exit flat
[13:13] <+codehead> will stop me out not prolly
[13:14] <+codehead> ugh
[13:14] <+codehead> was hoping dollar would help me so gambled
[13:32] <@wrbtrader> $ES_F via the 15min chart has a bearish tweezer top in harami position.
[13:32] <@wrbtrader> 1161.50 - 1161.00 good entry only for the next few minutes
[13:33] <@wrbtrader> target around the support of 1160
[13:33] <@wrbtrader> I rarely make calls like that but I'm bored
[13:35] <@wrbtrader> Would be glad to see this market go sideways for the next hour to allow me to sneak in some
[13:36] <+codehead> shorted NQ a point ahead of my fib, shoulda waited
[13:37] <+Sidhartha> how's your kid wrbtrader...
recovering well...
[13:37] <+codehead> took 1 tick loss after 2 pt heat, but looking better now
[13:37] <@wrbtrader> Yes...he's back at day care today causing trouble.
[13:37] <+Sidhartha> good stuff...
[13:38] <+Sidhartha> tricky market the first hour... short squeeze i think
[13:38] <+Sidhartha> alot of shorts in the index futures
[13:38] <@wrbtrader> Shorts TF @ 678.60 -> small size
[13:39] <@wrbtrader> 1 only
[13:39] <@wrbtrader> intuition in reaction to Emini ES price action
[13:42] <@wrbtrader> Covered TF Short @ 678.40 --> + 0.2
[13:42] <@wrbtrader>
[13:43] <@wrbtrader> for a minute there I though I'll be able to steal a point...wasn't meant to be.
[13:43] <@wrbtrader> Be back later...need to rest my eyes a little.
[13:44] * wrbtrader is now known as wrbtrader_away
[13:48] <@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] <+codehead> dollar did hold up that low
[14:24] <+codehead> short YM 10738
[14:25] <+codehead> moved stop too soon
[14:25] <+codehead> out +3 ticks
[14:56] <+Risk> 3pm is coming up
[15:07] <+Sidhartha> what was special about 3pm...
[15:08] <+Risk> sometimes stronger moves start around 3PM and 3:30
[15:08] <+Risk> Mutual funds and other interested parties with larger orders
[15:11] <+jbuch> hey everybody
[15:11] <+Risk> 80% of gaps close. I wonder what % of days in which the opening gap closes , end as an up day?????
[15:11] <+Sidhartha> Ohh... I know the bond guys wrap up around 3pm... I think sometimes that has an influence
[15:12] <+Risk> y
[15:12] <+Sidhartha> that was very punchy this morning
[15:12] <+Sidhartha> and it wasn't initially supported by Oil or Gold...
[15:18] <@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[15:28] <+jbuch> Long ES @ 1163
[15:29] <+jbuch> spy broke above HOD and now a lil lower high here so am being cautious have a tight stop
[15:29] <+codehead> macd divergent
[15:29] <+codehead> NQ toppier tho
[15:29] <+jbuch> Exited all ES Long @ 1162.5 --> - 0.5
[15:30] <+Sidhartha> lockhart speakig in 15 mins
[15:35] <+Risk> who?
[15:35] <@wrbtrader_away> take care all...I'm done for the day
[15:35] <@wrbtrader_away> Lots of sun outside...going to get some personal stuff done like wash the winter dirt of the car.
[15:42] <+codehead> k, have a good one
[15:46] <mo2t> jbuch how is it today? some homeruns?
[15:47] <+jbuch> Long ES @ 1161.75
[15:49] <+jbuch> just traded this am only and I was feeding my daughter on my lap so didn't do to much
[15:51] <+mo2t> I have tested some minor changes in my strategy today
only paper trades
[15:52] <+jbuch> how did they work out
[15:53] <+mo2t> how old is your daugter? I have 3 and 5 years, Olivia and Linda. Maybe all 3 will be new good traders, like Linda Raschke
[15:53] <+mo2t> well, took 4 trades, 3 PTs, 1 loose
[15:54] <+jbuch> she is 19 months her name is joleen
)
[15:58] <+mo2t>
[16:02] <+jbuch> nice mo2t
[16:04] <+mo2t> not very hard today... tranding day
[16:04] <+jbuch> yeah I am bummed that I missed it
[16:05] <+jbuch> wish that there where more of these days
[16:08] * codeheadX is now known as codehead
[16:12] <+werner> gn all
[16:13] <+jbuch> c ya werner
[16:15] <+jbuch> Exited all ES Long @ 1162 --> + 0.25
[16:38] <+mo2t> gn jbuch and all
[16:48] <@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: Mon Mar 22 17:00:24 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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