#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: Tue Mar 23 09:28:23 2010
Session Ident: #FuturesTrades
[09:28] * Now talking in #FuturesTrades
[09:28] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:30] <drt_>
everyone
[09:40] <Risk> good morning, bonjour, goedemorgen, buongiorno, buenos dias, boker tov
[09:41] <jbuch> good morning
[09:41] <+Risk> judgement day 2day
[09:41] <+Risk> we'll c if yesterday was a fake or it had substance
[09:42] * codehead_afk is now known as codehead
[09:42] <+jbuch> Long ES @ 1161.75
[09:43] <+Risk> news @ 10
[09:44] <+jbuch> Exited all ES Long @ 1161.25 --> - 0.5
[09:50] <@wrbtrader> Good morning all...I just got back from taking the kid to daycare...got stuck in traffic apparently due to someone having a rollover accident on the freeway
[09:51] <+jbuch> Long ES @ 1160.75
[09:59] <+jbuch> phew almost bailed on that
[10:00] <pat255>
all
[10:00] <+pat255> late ..L jb?
[10:00] <@wrbtrader> Long TF @ 681.20 -> small size
[10:00] <@wrbtrader> 3 only
[10:01] <+Risk> <iNews> 10:00ET ALERT: U.S. existing-home sales fall 3rd month in row [MW]
[10:01] <+Risk> but slightly better than exp
[10:01] <+jbuch> exit stop set ES @ 1163.25
[10:02] <+jbuch> oops
[10:02] <@wrbtrader> stole a great entry on the brief retracement in reaction to the 10am est key economic report.
[10:02] <+jbuch> Exited all ES Long @ 1163.25 --> + 2.5
[10:02] <+pat255> vn
[10:03] <@wrbtrader> Exited all TF Long @ 680.90 --> - 0.3
[10:03] <+jbuch> thanks
[10:04] <@wrbtrader> Shorts TF @ 680.00 -> small size
[10:04] <@wrbtrader> 3 only
[10:05] <@wrbtrader> A lot of upper shadows showing up now
[10:07] <@wrbtrader> Covered all TF Short @ 679.20 --> + 0.8
[10:09] <@wrbtrader> Shorts TF @ 679.00 -> small size
[10:09] <@wrbtrader> 3 only
[10:09] <@wrbtrader> intuition
[10:11] <@wrbtrader> Covered all TF Short @ 680.00 --> - 1
[10:11] <+jbuch> Long ES @ 1163
[10:13] <@wrbtrader> back into the range of those upper shadows
[10:13] <@wrbtrader> Long TF @ 680.80 -> small size
[10:13] <@wrbtrader> 3 only
[10:15] <@wrbtrader> It needs to clear that 682.00 to be above that resistance zone
[10:18] <codehead> tick extreme
[10:19] <@wrbtrader> Exited 2/3 TF Long @ 682.50 --> + 1.7
[10:20] <+jbuch> Exited all ES Long @ 1163.25 --> + 0.25
[10:21] <+jbuch> choppy
[10:23] <@wrbtrader> TF should have tested the 683 price area by now with all the other key markets moving higher
[10:26] <werner>
all
[10:26] <+werner> wow shoppy as hell
[10:28] <@wrbtrader> that's an understatement
[10:28] <@wrbtrader> price action now sucks
[10:29] <+werner> yep
[10:29] <+jbuch> officially
[10:29] <@wrbtrader> It needs to clear the range of all those long shadows...
[10:29] <@wrbtrader> Needs to now get above 683 or drop below 678.20 without anymore retracements
[10:34] <@wrbtrader> This price action is now giving me a headache
[10:36] <+werner>
http://finviz.com/futures_charts.ashx?t=SB&p=w1[10:36] <@wrbtrader> Exited Remainder TF Long @ 681.00 --> + 0.2
[10:36] <+werner> djeez that sugar
[10:36] <@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[10:37] <@wrbtrader>
[10:42] <@wrbtrader> First sign or decent weakness...lets see if volatility shows up to push this lower
[10:44] <@wrbtrader> Shorts TF @ 680.20 -> small size
[10:44] <@wrbtrader> 2 only
[10:46] <@wrbtrader> Covered all TF Short @ 680.90 --> - 0.7
[10:47] <@wrbtrader> Shorts TF @ 680.90 -> small size
[10:47] <@wrbtrader> 2 only
[10:47] <@wrbtrader> intuition
[10:51] <+werner> 680 must break
[10:51] <+werner> littel sup there
[10:51] <+werner> all ses
[10:51] <+werner> brb
[10:53] <@wrbtrader> Covered all TF Short @ 680.80 --> + 0.1
[10:53] <@wrbtrader>
[10:53] <@wrbtrader> still just churning...only the broker wins
[10:54] <@wrbtrader> Shorts TF @ 680.00 -> small size
[10:54] <@wrbtrader> 3 only
[10:54] <@wrbtrader> intuition but last 3 trades via the same price action...
[10:55] <@wrbtrader> just tough to hold them
[10:59] <@wrbtrader> Covered 1/3 TF Short @ 679.00 --> + 1
[11:04] <+jbuch> Long ES @ 1160.25
[11:04] <@wrbtrader> Covered 1/3 TF Short @ 677.80 --> + 2.2
[11:05] <+jbuch> Exited all ES Long @ 1160 --> - 0.25
[11:05] <+jbuch> oops I was shortnot long
[11:12] <@wrbtrader> Covered Remainder TF Short @ 679.00 --> + 1
[11:15] <+pat255> charts issues ...geez so frustrating when this happens
[11:17] <@wrbtrader> You may be more frutstrated with the price action had your charts been working...tough trading today because of the price action.
[11:18] <@wrbtrader> I'm going to take a break...set some audio alerts at key levels...will only return if my computer starts screeming
[11:18] <+pat255> lol may be you are right ...just not focussd on price
[11:18] <+pat255> trying to get the charts working
[11:18] * wrbtrader is now known as wrbtrader_away
[11:18] <+jbuch> nice trade N
[11:18] <+pat255> lter N
[11:25] <+jbuch> Shorts ES @ 1161
[11:29] <+jbuch> Covered all ES Short @ 1160.75 --> + 0.25
[11:36] <mo2t> jbuch possibly second try short?
[11:36] <+jbuch> no not for me
[11:37] <+jbuch> the first was the first break of the down trend line
[11:37] <+jbuch> now we have a higher low in a range bound day
[11:37] <+pat255> jb on 1m chart?
[11:38] <+jbuch> actually hoping for a retest of 60 to try a long
[11:38] <+jbuch> yes pat
[11:38] <+pat255> so u draw trend lines on the chart 1m?
[11:39] <+jbuch> sometimes mainly just eyeballthem
[11:39] <+pat255> k ty
[11:41] <+jbuch> Long ES @ 1161.25
[11:48] <+jbuch> Exited all ES Long @ 1160.5 --> - 0.75
[11:48] <+jbuch> Long ES @ 1162.25
[11:48] <+jbuch> doubled up on the second
[11:49] <+jbuch> godd game plan to bad I jumped the gun
[11:49] <+jbuch> BBL
[12:03] <@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[12:07] <OICU812>
[12:41] <+werner> must go ....cya all
[13:31] <jbuch> Shorts ES @ 1164.5
[13:31] <OICU813> hey mr jb
[13:32] <+jbuch> hey oic how is it going
[13:33] <@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[13:35] <+jbuch> Covered all ES Short @ 1164.25 --> + 0.25
[13:36] <+jbuch> i think that was good short and I should not have bailed but hate picking tops
[13:47] <+jbuch> talked myself out of a good short
[13:56] <+OICU813> i like it long better still
[13:57] <+OICU813> but thats just me
[13:57] <+OICU813> think it might get interesting if it breaks that triple top
[13:57] <+jbuch> yeah me to but trying to play the range
[14:00] <+OICU813> hmmmm dont like it that much anymore
[14:06] <+jbuch> love to see it touch 62 and then bounce back above 63 for a long
[14:08] <+OICU813> im long so that would be nice
[14:09] <+jbuch> Long ES @ 1163.5
[14:10] <+jbuch> should be long from 62.75
[14:10] <+jbuch> to much thinking
[14:13] <+jbuch> if we see 64.75hope fully in business
[14:14] <+OICU813> im up for that
[14:14] <+OICU813> lol
[14:14] <+OICU813> been holding on to a long since yesterday
[14:19] <+jbuch> comeon darling run be free
[14:21] <+OICU813> it needs more pep talk
[14:21] <+jbuch> well ur up
[14:21] <+jbuch> please please please pretty please
[14:22] <+jbuch> how is that
[14:22] <+OICU813> come on you ***** its about time you ******* go up!!!!!! lol
[14:22] <+jbuch> I have done my part
[14:22] <+jbuch> it will probably hit 64.75 and plummet
[14:23] <+OICU813> short term cycle up so might go
[14:24] <+jbuch> Exited all ES Long @ 1164.75 --> + 1.25
[14:25] <+OICU813> nice jb
[14:25] <+OICU813> im still going to hold on to it
[14:25] <+jbuch> sorry I am a fair weather friend
[14:25] <+jbuch> thanks
[14:25] <+jbuch> although the weather still looks pretty balmy
[14:36] <+jbuch> gold is steadily making lower lows
[14:47] <+jbuch> Shorts ES @ 1164.75
[14:58] * wrbtrader_away is now known as wrbtrader
[14:59] <+jbuch> Covered all ES Short @ 1165.25 --> - 0.5
[15:03] <@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[15:05] <+codehead> and bets on whether we get a stop run thru 1165.50?
[15:05] <+codehead> AAPL hod
[15:05] <+codehead> NQ hod
[15:05] <+codehead> YM sitll the huge offer untouched at my res #
[15:07] <+codehead> boom
[15:07] <+codehead> tick extreme
[15:07] <+Risk> which stock is BOOM?
[15:08] <+OICU813> here we go
[15:08] <+Risk> holy cow
[15:08] <+Risk> sombody lit a fire cracker under the market
[15:08] <+OICU813> a labor of patience
[15:09] <@wrbtrader> so far it looks like the biggest volatility spike of the day just as long as it doesn't retrace in the next interval
[15:09] <+Risk> tick went beyond 1500
[15:11] <+codehead> boom was for ES running stops
[15:11] <+codehead> 1167.50 is next res, already hit
[15:11] <+codehead> 1167.50-1168
[15:11] <+codehead> then 1170.50-1171.25
[15:11] <+Risk> there was one trade in ES with over 1000 (1K) contracts
[15:11] <+codehead> you?
[15:12] <+codehead> whew
[15:12] <+Risk> i was the 999 contract trade
[15:12] <+codehead> hehe
[15:13] <+codehead> wow, $TICK 1501
[15:16] <+Risk> my over 700 tick alarm does not stop ringing
[15:17] <+OICU813> everything works only some of the time
[15:17] <+Risk>
????
[15:18] <+OICU813> if you play the tick, breakouts, etc. everything works some of the time
[15:18] <+OICU813> even if it was at 1500 it gave a nice pop
[15:18] <+Risk> 1500 is very unusual
[15:19] <+Risk> 900-1200 is fairly common
[15:19] <+jbuch> wow went to grab some lunch
[15:19] <+Risk> you snooze you lose
[15:19] <+Risk> you munch you crunch
[15:19] <+jbuch> lol I left because I thought that we would just be range bound all day
[15:19] <+Risk> it's just a rhyme
[15:20] <+Risk> 20 ticks on SPY to hit previous yearly high
[15:23] <@wrbtrader> Long TF @ 667.90 -> small size
[15:23] <@wrbtrader> 2 only
[15:23] <@wrbtrader> intuition
[15:23] <+codehead> 687.70
[15:23] <+codehead> i think
[15:23] <@wrbtrader> correction
[15:23] <@wrbtrader> Long TF @ 687.90 -> small size
[15:25] <@wrbtrader> Exited all TF Long @ 688.20 --> + 0.3
[15:26] <@wrbtrader> While gone I missed most of this upmove...doesn't look like I'm going to get any good opportunities now that I'm back because it's just a slow creeper uptrend
[15:37] <+OICU813> looks like im going to keep my long today too
[15:37] <+OICU813> and see if it triggers my stop tonight
[15:52] <+OICU813> im out of here
[15:52] <+OICU813> have a good PM
[15:54] <+jbuch> hey skype shutdown on me
[15:54] <+jbuch> oops wrong window
[15:59] <@wrbtrader> low volatility since 3:30pm est going into the close
[16:11] <@wrbtrader> Not a lot of trading today from me...missed the first key 30 mins and then missed a bulk of the upmove cleaning up outside after a big snow storm swepted through the area.
[16:21] <@wrbtrader> After this snow storm...that should be it...time to put away all the winter stuff
[16:22] <@wrbtrader> Take care all and hope somebody in here was able to exploit that upmove.
[16:22] <@wrbtrader> See all tomorrow/
[16:22] * wrbtrader is now known as wrbtrader_away
-------------------------
#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
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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:
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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
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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
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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)
@
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