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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
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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 26 08:57:03 2010
Session Ident: #FuturesTrades
[08:57] * Now talking in #FuturesTrades
[08:57] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[08:57] * Looking up YMer2 user info...
[08:57] * Looking up ymerzb user info...
[08:57] * Looking up YMer2 user info...
[09:29] <drt>
all
[09:34] <mo2t>
all
[09:34] * codehead_afk is now known as codehead
[09:40] <@wrbtrader> Shorts TF @ 680.70 -> small size
[09:40] <@wrbtrader> 3 only
[09:43] <@wrbtrader> Covered 1/3 TF Short @ 678.30 --> + 2.4
[09:45] <@wrbtrader> Covered 1/3 TF Short @ 677.90 --> + 2.8
[09:45] <+mo2t> nce
[09:45] <+mo2t> nice wrbtrader
[09:45] <pat255> vn N
[09:46] <+pat255> late @office
[09:46] <@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[09:46] <@wrbtrader> weak support developing via the contraction
[09:46] <@wrbtrader> hopefully it won't attract the Longs
[09:47] <Risk> news in 10 min
[09:48] <screenstruck> sentiment in a few?
[09:49] <Sidhartha> yup
[09:49] <@wrbtrader> Covered Remainder TF Short @ 679.70 --> + 1
[09:50] <werner> Long NQ @ 1956.25
[09:50] <+werner> sorry late call
[09:50] <+werner>
all
[09:51] <@wrbtrader> geeesh...what a sudden turnaround
[09:51] <+Sidhartha> figures leaked...
[09:51] <+werner> Exited all NQ Long @ 1958.25 --> + 2
[09:55] <jbuch> Long ES @ 1165.25
[09:55] <@wrbtrader> Long TF @ 681.30 -> small size
[09:55] <@wrbtrader> 2 only
[09:55] <@wrbtrader> intuition
[09:55] <+screenstruck> March Final UofM Confidence Rise to 73.6 from 72.5
[09:56] <+werner> Long NQ @ 1958.50
[09:58] <@wrbtrader> Exited all TF Long @ 680.30 --> - 1
[09:59] <+werner> Exited all NQ Long @ 1956.50 --> - 2
[09:59] <+jbuch> Exited all ES Long @ 1165.5 --> + 0.25
[09:59] <@wrbtrader> Shorts TF @ 680.20 -> small size
[09:59] <+Risk> trichet talks @ noon EST
[09:59] <@wrbtrader>
[10:00] <@wrbtrader> 2 only
[10:01] <+pat255> L 80.4 TF
[10:02] <@wrbtrader> Covered all TF Short @ 681.20 --> - 1
[10:02] <+screenstruck> what was that?
[10:02] <@wrbtrader> 1.5 range with volatility
[10:02] <+mo2t> Long NQ @ 1957.75
[10:02] <+mo2t> late post... have to swit to NQ
[10:03] <+screenstruck> yeah
[10:03] <+werner> Long NQ @ 1959.25
[10:04] <+werner> Exited all NQ Long @ 1962.25 --> + 3
[10:04] <+mo2t> Exited all NQ Long @ 1962 --> + 4.25
[10:05] <+werner> nice
[10:05] <@wrbtrader> Long TF @ 682.50 -> medium size
[10:05] <@wrbtrader> 4 only
[10:05] <+jbuch> nice guys beauty
[10:05] <@wrbtrader> intuition
[10:06] <+werner> tx jb
[10:07] <+mo2t> thank jb
[10:07] <@wrbtrader>
[10:08] <@wrbtrader> Exited all TF Long @ 682.60 --> + 0.1
[10:09] <+jbuch> Long ES @ 1167.75
[10:10] <@wrbtrader> That should be it with the volatility spikes unless other key markets break out of their past 5min range
[10:10] <+mo2t> YM lagging under overnight high
[10:16] <@wrbtrader> Long TF @ 681.80 -> small size
[10:16] <@wrbtrader> 2 only
[10:16] <@wrbtrader> trade error but I'm going to hold it
[10:16] <@wrbtrader> tight stop
[10:17] <@wrbtrader> Exited all TF Long @ 681.50 --> - 0.3
[10:17] <@wrbtrader> key markets still ranging...now 15 mins
[10:17] <+Risk> Shorts GC @ 1092.6 «« simulator »»
[10:18] <+Risk> Covered all GC Short @ 1093.1 --> - 0.5 «« simulator »»
[10:20] <@wrbtrader> Long TF @ 682.20 -> small size
[10:20] <@wrbtrader> 2 only
[10:22] <@wrbtrader> TF not responding while other key markets are creeping tick by tick upwards
[10:23] <@wrbtrader> volatility is still declining
[10:24] <+mo2t> YM in 12 tic range
[10:24] <@wrbtrader> time to start reducing the overall position size and do less trading
[10:25] <+Risk> Long TF @ 682.4 «« simulator »»
[10:25] <+pat255> y looks like in funk now
[10:27] <+werner> Long NQ @ 1960.75
[10:27] <+Risk> Exited 1/2 TF Long @ 683.3 --> + 0.9 «« simulator »»
[10:28] <+mo2t> have the same signal werner, but too close to high for me
[10:29] <+werner> Exited all NQ Long @ 1961.00 --> + 0.25
[10:29] <@wrbtrader> Exited all TF Long @ 682.80 --> + 0.6
[10:29] <@wrbtrader> resistance getting stronger...if TF can get above it...it'll cause a short squeeze
[10:30] <+jbuch> Exited all ES Long @ 1167.5 --> - 0.25
[10:30] <@wrbtrader> Long TF @ 683.20 -> small size
[10:30] <+jbuch> Long ES @ 1168.5
[10:30] <+Risk> Exited Remainder TF Long @ 683.2 --> + 0.8 «« simulator »»
[10:30] <@wrbtrader> 3 only
[10:30] <+jbuch> large
[10:30] <@wrbtrader> intuition
[10:30] <+jbuch> 4 only
[10:32] <@wrbtrader> It's above that resistance area
[10:34] <@wrbtrader> back below it
[10:34] <@wrbtrader> it gave it a good try
[10:34] <+jbuch> Exited all ES Long @ 1168.75 --> + 0.25
[10:35] <+jbuch> phewww man
[10:35] <+mo2t> nice 25 mins DT on NQ
[10:36] <+Risk> you scared me JB
[10:38] <+jbuch> lost my temper ther
[10:39] <+jbuch> vbbhbneed to go chill gor a bit
[10:39] <@wrbtrader> Gold and Oil putting a lot of pressure on the Eminis after that top
[10:40] <@wrbtrader> be back later...have my emergency 4 point stop in place
[10:40] * wrbtrader is now known as wrbtrader_away
[10:49] <+Risk> Long TF @ 682.4 «« simulator »»
[10:52] <+mo2t> res on YM, possible DT?
[10:55] <+Risk> Exited all TF Long @ 681.8 --> - 0.6 «« simulator »»
[10:56] <+jbuch> Shorts ES @ 1167.75
[10:56] <+jbuch> 2 only
[10:57] <+Risk> Shorts TF @ 681.2 «« simulator »»
[10:58] <+jbuch> Covered all ES Short @ 1166.75 --> + 1
[11:00] <+jbuch> sick of getting stoped so this one won't be a fakeout and will plummet
[11:01] <+Risk> Covered all TF Short @ 681.5 --> - 0.3 «« simulator »»
[11:04] <+jbuch> Long ES @ 1167.5
[11:04] <codehead> YM relatively strong, macd only made it to zero line, little price drop, trying to turn up
[11:04] <+codehead> NQ realtively sucky
[11:05] <+mo2t> jbuch what is your average number of trades per day?
[11:05] <+codehead> after running it yesty bounce high, nice, it then dumped .786 of the gain
[11:06] <+codehead> actually, i bought it, but took very little when i reflected on the fact it was a relatively nasty pb
[11:06] <+mo2t> YM is one hour in the same cca 20 pt range, no new lows... I do not trade it
[11:07] <+jbuch> right at a down trendline here
[11:07] <+jbuch> about 10 mo2t
[11:09] <+Risk> Shorts TF @ 681.3 «« simulator »»
[11:09] <+jbuch> Exited all ES Long @ 1167 --> - 0.5
[11:10] <+Risk> chop zone. entered 4 no reason
[11:10] <+werner> Shorts NQ @ 1926.00
[11:10] <+Risk> maybe I'll getr lucky
[11:12] <+werner> Shorts NQ @ 1956.00
[11:14] <+codehead> ah, NQ pulled back to exactly .382 from overnight low
[11:14] <+werner> Covered all NQ Short @ 1956.00 --> 0
[11:15] <+mo2t> technically is YM still in uptrend
[11:16] <@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[11:16] <+Risk> Covered all TF Short @ 682.4 --> - 1.1 «« simulator »»
[11:17] <+Risk> Long TF @ 682.4 «« simulator »»
[11:17] <+jbuch> Long ES @ 1167.5 -> small size
[11:17] <+codehead> NQ bounced the .382 retest
[11:17] <+jbuch> poking above the down trendline again
[11:18] <+werner> Long NQ @ 1958.25
[11:24] <+jbuch> weel atleast if we are wrong we are wrong together
[11:25] <+mo2t> YM in a rallye
was 2 ticks under previous HOD
[11:25] <+codehead> over ya mean?
[11:26] <+codehead> next is yesty .500 bounce high 10855 area, then 10865, then cluster 10878
[11:26] <+werner> lol jbuch
[11:27] <+mo2t> hod - high of the day
[11:27] <+codehead> YM relatively strong out of the bunch
[11:27] <+mo2t> y
[11:27] <+codehead> yeah, but you said "under"--i think you meant over
[11:27] <+mo2t> sorry, mean over
[11:27] <+codehead> k
[11:30] <+werner> Exited all NQ Long @ 1958.00 --> - 0.25
[11:33] <+pat255> geez so hard to trade es
[11:33] <+pat255> moves so slow need lot of petience
[11:34] <+pat255> Tf is like a wild bronco
[11:35] <+jbuch> Exited all ES Long @ 1168.75 --> + 1.25
[11:35] <+pat255> vn jb
[11:35] <+werner>
[11:35] <+jbuch> filled without going past must be buyers therewill try and reeneter
[11:35] <+mo2t> vn jbuch in this... my congrats
[11:36] <+werner> Long NQ @ 1959.00
[11:37] <+Risk> Exited all TF Long @ 683.1 --> + 0.7 «« simulator »»
[11:38] <+jbuch> Long ES @ 1168.25
[11:40] <+jbuch> Exited all ES Long @ 1167.75 --> - 0.5
[11:41] <+Risk> Shorts GC @ 1104.1 «« simulator »»
[11:42] <+werner> Exited all NQ Long @ 1957.75 --> - 1.25
[11:43] <+werner> Shorts NQ @ 1957.50
[11:48] <+Risk> Covered 1/2 GC Short @ 1103.2 --> + 0.9 «« simulator »»
[11:49] <+Risk> Covered Remainder GC Short @ 1103.8 --> + 0.3 «« simulator »»
[11:50] <+Risk> correction 1102.9 +1.2
[11:51] <+werner> Covered all NQ Short @ 1958.00 --> - 0.5
[11:58] <+jbuch> good times
[11:59] <+Risk> Report: S. Korean navy ship sinking
[12:00] <+Risk> this would explain the rise in gold
[12:02] <+Risk> Long GC @ 1103.3 «« simulator »»
[12:06] <+Risk> Exited 1/2 GC Long @ 1104.3 --> + 1 «« simulator »»
[12:06] <+Risk> Exited Remainder GC Long @ 1104.3 --> + 1 «« simulator »»
[12:06] <+Risk> 2nd exit was by mistake
[12:07] <+Risk> but this is a better kind of mistake
[12:13] * wrbtrader_away is now known as wrbtrader
[12:13] <@wrbtrader> just got back
[12:13] <@wrbtrader> hmmm...trade still not looking good
[12:17] <+Risk> did u c the news?
[12:17] <@wrbtrader> No...what news
[12:18] <+Risk> [11:59:39] <Risk> Report: S. Korean navy ship sinking
[12:18] <@wrbtrader> Wow.
[12:20] <@wrbtrader> Exited all TF Long @ 681.30 --> - 1.9
[12:20] <@wrbtrader> I have the TV on now but nothing is mentioned.
[12:20] <+Risk> Shorts TF @ 680.2 «« simulator »»
[12:21] <+Risk> Covered 1/2 TF Short @ 679.5 --> + 0.7 «« simulator »»
[12:22] <+Risk> Covered Remainder TF Short @ 679.2 --> + 1 «« simulator »»
[12:23] <+codehead> 1950.00 NQ is .618
[12:26] <@wrbtrader> Shorts TF @ 678.80 -> medium size
[12:26] <@wrbtrader> 4 only
[12:27] <@wrbtrader> No news on TV about the sinking but I did find a few articles on Google about it.
[12:28] <@wrbtrader> Looks like the South got too close to the North's water or maybe accidentally crossed over.
[12:29] <@wrbtrader> I sent some emails to friends in the military living in Seoul to ask for more info.
[12:30] <@wrbtrader> I lived there myself for about a year.
[12:30] <@wrbtrader> Covered all TF Short @ 678.80 --> 0
[12:32] <@wrbtrader> now that I'm back to trading...the volatility will probabily die fast
[12:32] <+Risk> i'll bet that this will b used by the market to drop
[12:32] <+Risk> even further
[12:33] <+Risk> what i don't understand is why gold is droping as well
[12:36] <+Risk> there was an Israeli crossing into the Gaza strip
[12:36] <+Risk> more fule 2 the fire
[12:43] <@wrbtrader> Long TF @ 678.80 -> medium size
[12:43] <@wrbtrader> 4 only
[12:43] <@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] <@wrbtrader> bouncing off a weak support that slowly getting stronger
[12:43] <@wrbtrader> However, there's some long shadows below me...that can easily shake me out for a 1 point loss and still remain bullish
[12:46] <+Risk> I think that as more people get aware of the news, the down move will accelerate or at least resume
[12:48] <@wrbtrader> Exited all TF Long @ 678.30 --> - 0.5
[12:48] <+Risk> Shorts TF @ 677.6 «« simulator »»
[12:52] <+Risk> that was a stupid entry. impulsive and emotional
[12:52] <+Risk> it may still work out b/c of the news
[12:55] <@wrbtrader> Shorts TF @ 677.30 -> small size
[12:55] <@wrbtrader> 3 only
[12:56] <+Risk> Covered 1/2 TF Short @ 676.5 --> + 1.1 «« simulator »»
[12:57] <@wrbtrader> geeesh...wonder what had spooked the markets around 1150am est
[12:58] <@wrbtrader> Covered all TF Short @ 676.30 --> + 1
[12:58] <+codehead> long NQ 1943.25 <paper>
[12:58] <@wrbtrader> Just heard the first TV news alert about the S. Korean navy ship explosion but they mention nothing about a sinking
[12:58] <+codehead> in seminar, but getting bored
[13:01] <+codehead> exit +2.00 NQ half <paper>
[13:02] <@wrbtrader> Shorts TF @ 676.70 -> medium size
[13:02] <@wrbtrader> 4 only
[13:05] <+codehead> exit flat remainder NQ <paper>
[13:07] <@wrbtrader> Covered 3/4 TF Short @ 675.30 --> + 1.4
[13:07] <+Risk> Covered Remainder TF Short @ 675.4 --> + 2.2 «« simulator »»
[13:08] <+Risk> 2 early with my last exit AGAIN
[13:09] <@wrbtrader> Covered Remainder TF Short @ 673.90 --> + 2.8
[13:10] <@wrbtrader> That's a ton of volatility for this time in the trading day...very unusual.
[13:11] <+Risk> u r underestimating the severity of the Korean incident
[13:11] <@wrbtrader> Actually...no.
[13:11] <@wrbtrader> I have all my TV network channels on...
[13:11] <+Risk> than u should not b surprised
[13:11] <@wrbtrader> Haven't done that in a few months
[13:11] <+Risk>
[13:11] <+Risk> i know the feeling
[13:12] <@wrbtrader> Also, I still can't find out when the event happen but I do now that I saw the first TV discussion (10 secs worth) around the 678 mark
[13:13] <@wrbtrader> Curious to find out if it happen between 1130am - 1200noon est
[13:14] <+Risk> yes
[13:14] <+Risk> actually the 1st news was around 10:38
[13:15] <+Risk> 10:27
[13:15] <+Risk> sorry.
[13:16] <+Risk> [10:27:06] <iNews> 10:27ET S. Korean naval vessel sinks in Yellow Sea: Yonhap+ [ Kyodo
http://tinyurl.com/ya2nd55 ]
[13:17] <@wrbtrader> Just got a tweet from a buddy in Korea...he saids it's Korean naval ship doing a military exercise...he's being called back to duty early. Wasn't schedule back on duty for another 10 hours.
[13:19] <@wrbtrader> weak support developed
[13:19] <+Risk> oil starts to rise
[13:19] <@wrbtrader> Long TF @ 675.50 -> small size
[13:19] <+Risk> and gold
[13:19] <@wrbtrader> 1 only
[13:19] <@wrbtrader> intuition
[13:20] <@wrbtrader> Trying "knife catching" with that trade.
[13:20] <+Risk> I was thinking that this is a strange business we r in. Profiting from the misery of other people
[13:20] <+Risk> and from their successes
[13:20] <@wrbtrader> That's capitalism
[13:21] <+Risk> but we don't produce anything
[13:21] <+Risk> did any 1 c the movei Capitalism : A Love Story
[13:21] <+Sidhartha> we provide liquidity
[13:22] <+Risk> yes Sid
WE the little guys with our handred of thousand of PENNIES
[13:22] <+Sidhartha> well, there's a lot of us
[13:22] <+Sidhartha> all over the world
[13:23] <+Risk> PENNIES is the operative word
[13:23] <+Risk> do u honestly think that the small investor makes a difference?
[13:23] <@wrbtrader> Exited TF Long @ 676.20 --> + 0.7
[13:23] <+Risk> GY EJ r on fire
[13:24] <+Sidhartha> not compared to the big guys... true. but we are like those little fish that follow the big fish around... cleaning their teeth... ;-)
[13:29] <+Risk> Shorts ES @ 1159.5 «« simulator »»
[13:29] <+Risk>
[13:30] <+Risk> my point was that WE the little fish don't even make a dent in the liquidity picture
[13:32] <+Sidhartha> probably not... in the big scheme of things. but what does any trader produce...
nothing. big or small.
[13:33] <+Risk> [13:21:12] <Risk> but we don't produce anything
[13:34] <+Sidhartha> you wanna be in manufacturing...
[13:34] <@wrbtrader> Indirectly we produce a lot
[13:35] <+Risk>
??
[13:36] <@wrbtrader> Take your profits...go buy something that you need to build something and then use what you build or sell it
[13:39] <+jbuch> hey guys how is it going
[13:39] <+jbuch> nice swing
[13:39] <@wrbtrader> just waiting for the next big swing movement
[13:40] <+jbuch> traded in the crap all morning and left right before it got interesting
[13:41] <@wrbtrader> I came back in time to get profitable. Will now concentrate on trying to reach my goal for the day.
[13:43] <mo2t> im back... nice moves
[13:43] <+mo2t> after first trade 2 hours of nothing
[13:44] <+mo2t> and now this...
[13:44] <+jbuch> Shorts ES @ 1160.75
[13:45] <+werner> Shorts NQ @ 1944.00
[13:46] <+mo2t> Shorts YM @ 10787
[13:48] <+werner> Covered all NQ Short @ 1942.75 --> + 1.25
[13:49] <+jbuch> Covered all ES Short @ 1160 --> + 0.75
[13:49] <+jbuch> shoot jumped the gun
[13:49] <+werner>
[13:51] <+jbuch> broke the down trendline and made a higher low so hard to trust either side
[13:51] <+werner> indd
[13:53] <+jbuch> got back just in time for some more sideways crap
[13:55] <+werner> lol
[13:57] <+werner> some are always lucky .....
[13:58] <+jbuch> lol
[13:58] <+jbuch> crap shoot now brb
[13:58] <+Risk> Covered 1/2 ES Short @ 1159.75 --> - 0.25 «« simulator »»
[13:58] <+werner> [18:41] <@wrbtrader> I came back in time to get profitable. Will now concentrate on trying to reach my goal for the day.
[13:58] <+werner> hihi
[13:58] <+mo2t> Covered all YM Short @ 10786 --> + 1
[14:01] <+Risk> Covered Remainder ES Short @ 1159.5 --> 0 «« simulator »»
[14:02] <+werner> jb .....He also has luck with spouse her dad....lucky man that wrbtrader
[14:03] <+Risk> got out right b4 the move that I waited 4 for 20 minutes
[14:03] <+werner> she is only child $$$$$
[14:03] <+werner> lol lol
[14:04] <+Risk> Shorts ES @ 1158.75 «« simulator »»
[14:04] <+jbuch>
)
[14:04] <+Risk> revenge
[14:07] <+Risk> Shorts ES @ 1159.5 -> Add «« simulator »»
[14:08] <+jbuch> Long ES @ 1159.75
[14:10] <+Risk> after 2day I am not trading ES unless I want to support you guys
[14:10] <+Risk> lost my connection
[14:10] <+Risk> flying blind
[14:13] <@X> #FuturesTrades Purpose -> Members use this room to document (trade journal) their trades and thoughts from one trade to the next trade because it provides critical information they can't get from broker statements nor statistics. Also, mimicking the trades by others is not recommended. More info about the chat room @
http://www.thestrategylab.com/ftchat/forum[14:18] <+jbuch> come darling
[14:19] <+werner> yse nice holding:)
[14:19] <+werner> yes
[14:22] <+jbuch> Exited all ES Long @ 1160.75 --> + 1
[14:23] <+Risk> Covered all ES Short @ 1161 --> - 3.75 «« simulator »»
[14:24] <+Risk> this will teach me a lesson
[14:29] <+werner> i told myself ...never add
[14:29] <+werner> its not for me
[14:30] <+Risk> I was biased by the Korean ship incident
[14:30] <+Risk> thought we will tank completely
[14:30] <+werner> yes think think think also bad
[14:30] <+Risk> [14:27:13] <iNews> 14:27ET No sign of North Korean military near ship-Yonhap [ RTR
http://is.gd/b0I7O ]
[14:30] <+werner> cost me lost of $$$
[14:31] <+Risk> maybe it was an accident (explosion within the S. Korean Ship)
[14:31] <+Sidhartha> me too. I learnt never to add... I always added to bad trades... never good ones
[14:31] <+Sidhartha> sods law
[14:31] <+werner> indd sid here also
[14:32] <+Risk> on the bright side - I am up 4 the day both in real and sim
[14:32] <+Risk> have 2 always look @ the bright side
[14:32] <+werner> nice risk
[14:32] <+Sidhartha> thats pretty bright. nice
[14:34] <+Risk> up untill the last trade I followed my rules and I was up quite a bit. as soon as I started to think I lost more than 1/2 of my profits
[14:34] <+Risk> paper profits but profits nevertheless
[14:36] <+Risk> * The Doctor gave a man six months to live. The man couldn't pay his bill so the doctor gave him another six months.
[14:37] <+werner> lol
[14:37] <+Risk> * Patient: "I have a ringing in my ears."
[14:37] <+Risk> Doctor: "Don't answer!"
[14:38] <JimL1> Long TF @ 677.7 «« simulator »»
[14:38] <+JimL1> 2
[14:39] <+JimL1> Exited 1/2 TF Long @ 678.5 --> + 0.8 «« simulator »»
[14:39] <+JimL1> Exited all TF Long @ 678.3 --> + 0.6 «« simulator »»
[14:42] <+jbuch> dangit look at that
[14:42] <+jbuch> one distraction after another today
[14:43] <+Risk> who is bothering u JB? give me theri address and I'll send TONY THE HATCHET to take care of them
[14:44] <+Risk> gold is in an uptrend since the morning. it looks as if it follows a ruler
[14:45] <+jbuch> not until I get a signed pruchase agreement for that land I am trying to buy then gladly
[14:45] <+Risk>
)
[14:45] <+Risk> maybe they need convincing
[14:46] <+jbuch> they do
[14:46] <+Risk> TONY can help
[14:47] <+jbuch> thought I had him over a barrel, he is over extended just got a divorce yada yada but he is slowly but surly getting my purchase price up.
[14:48] <+jbuch> sorry should have pm'd that
[14:51] <+jbuch> that went up just far enough to make u think that the downtrend was over
[14:56] <+Risk> Shorts ES @ 1161 «« simulator »»
[15:04] <+Risk> Covered all ES Short @ 1161.75 --> - 0.75 «« simulator »»
[15:08] <+Risk> Shorts ES @ 1160 «« simulator »»
[15:10] <+Risk> Shorts TF @ 675.2 «« simulator »»
[15:10] <+Risk> Covered 1/2 TF Short @ 674.4 --> + 0.8 «« simulator »»
[15:11] <+Risk> Covered Remainder TF Short @ 674.2 --> + 1 «« simulator »»
[15:12] <+JimL1> Long TF @ 674.1 «« simulator »»
[15:12] <+JimL1> 2
[15:13] <+JimL1> Exited 1/2 TF Long @ 647.7 --> - 26.4 «« simulator »»
[15:15] <+JimL1> 674.7 +0.6
[15:16] <+jbuch> Long ES @ 1161.5
[15:16] <+jbuch> second try
[15:17] <+jbuch> was long at 1161
[15:18] <+jbuch> was on the phone again came down and tagged me at 1159.75
[15:18] <+Risk> Covered all ES Short @ 1161.5 --> - 486.3 «« simulator »»
[15:18] <+Risk>
??????????????????????
[15:18] <+Risk> -1.5
[15:19] <+Risk> went short @ 1160. where did the -486.3 come from?
[15:19] <+Risk> I guess the script cannot keep track of 2 trades
[15:19] <+JimL1> exit stop raised TF @ 675.1 «« simulator »»
[15:20] <+JimL1> Trailing Stop Hit TF @ 675.1 --> + 1 «« simulator »»
[15:23] <+Risk> Shorts ES @ 1160 «« simulator »»
[15:23] <+jbuch> Exited all ES Long @ 1160.25 --> - 1.25
[15:24] <+Risk> now it's personal between me and ESther
[15:31] <+Risk> Covered all ES Short @ 1161.25 --> - 1.25 «« simulator »»
[15:32] <+werner> Long NQ @ 1947.00
[15:32] <+Risk> it looks like ESther does not like me
[15:33] <+jbuch> Long ES @ 1161 -> large size
[15:35] <+jbuch> Exited ES Long @ 1160.5 --> - 0.5
[15:35] <+jbuch> Reverse and Enter Short ES @ 1160.5
[15:37] <+jbuch> Covered all ES Short @ 1160.5 --> 0
[15:37] <+Risk> i did not have even 1 winner in ES
))))))) (out of 5 trades)
[15:38] <+Sidhartha> where did you make your money Risk...
[15:39] <+Risk> looking @ my ES trades, only 1 was by my rules 9NO WONDER i LOST IN THOSE TRADES)
[15:40] <+Risk> TF and GC 50/50
[15:40] <@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[15:40] <+jbuch> Long ES @ 1161
[15:40] <+jbuch> man I got chopped up here
[15:41] <+Risk>
[15:41] <@wrbtrader> I've been dead in the water with my data vendor since my last commentary in here...problem with my data.
[15:41] <+Sidhartha> interesting you choose GC... do you find it trades like the equity indices...
[15:41] <@wrbtrader> Everything back to normal...looking for trades now
[15:41] <+Risk> it trades like TF
[15:41] <+mo2t> nq and ym are dead
[15:42] <+Risk> the common denominator is that they trade on a 1/10 increment whereas ES is on a 1/4
[15:42] <+Risk> YM would probably be a good instrument 2 trade aswell
[15:43] <+Risk> the trades in ES were an ego thing 2 prove that I can do it there also
[15:44] <+Sidhartha> yeah... I also find the ticksize in ES too big relative to it's volatility
[15:44] <+Sidhartha> too easy to chopped up
[15:44] <+Risk> my SYSTEM
works in CL, GC and TF
[15:45] <+Risk> I was up 725$ for the day in sim. now only 90$
[15:46] <+Risk> 2 contracts each except for 1 ES trade where I added 2 a loser
[15:46] <+werner> djeez
[15:47] <+jbuch> Exited all ES Long @ 1160.5 --> - 0.5
[15:47] <+Risk> anyway, have 2 go and pick up my better half from the subway. Have a good weekend u'all
[15:47] <@wrbtrader> weak support developing
[15:47] <@wrbtrader> watching to see if Longs show up
[15:48] <@wrbtrader> Long TF @ 675.50 -> small size
[15:48] <@wrbtrader> 2 only
[15:49] <@wrbtrader> I'm one of the Longs that showed up
[15:52] <+werner> Exited all NQ Long @ 1949.75 --> + 2.75
[15:52] <+Sidhartha> intuition wrbtrader...
[15:53] <@wrbtrader> Exited all TF Long @ 675.60 --> + 0.1
[15:54] <@wrbtrader> sid...no
[15:54] <@wrbtrader> wish I had intuition on the exit...should have dumped it around 676.00
[15:56] <@wrbtrader> Long TF @ 676.30 -> small size
[15:56] <@wrbtrader> 3 only
[15:56] <@wrbtrader> volatility increasing
[15:57] <@wrbtrader> intuition on the re-entry
[15:59] <@wrbtrader> Exited all TF Long @ 676.50 --> + 0.2
[15:59] <@wrbtrader>
[15:59] <@wrbtrader> that didn't go well either
[15:59] <@wrbtrader> won't try again
[16:05] <+werner> nice wk all
[17:03] <@wrbtrader> Take care all and have a safe/good weekend
Session Close: Fri Mar 26 17:03:31 2010
-------------------------
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