#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 30 09:23:02 2010
Session Ident: #FuturesTrades
[09:23] * Now talking in #FuturesTrades
[09:23] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:24] <mo2t>
all
[09:29] <drt>
[09:30] <Sidhartha>
[09:32] <pat255>
all
[09:33] <Nesi> hi all
[09:34] <werner>
all
[09:41] <Risk> good morning, bonjour, goedemorgen, buongiorno, buenos dias, boker tov
[09:45] <+Risk> news in 15 min
[09:45] <+Risk> funny how the news about the South Korean sunk ship disappeared
[09:51] <+mo2t> CB Consumer Confidence in 9 mins
[09:53] <+Sidhartha> leaked
[09:53] <+Sidhartha> surely
[09:56] <+mo2t> will see
[10:02] <+Risk> let the party begin
[10:02] <+Risk> numbers better than expected
[10:03] <+Risk> i aggree with sid btw
[10:04] <+Risk> it should b an interesting exercise 2 c if the news agree with the move just b 4 the news
[10:06] <+werner> Long NQ @ 1970.00
[10:07] <@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[10:08] <+Risk> Long GC @ 1107.5 «« simulator »»
[10:08] * codehead_afk is now known as codehead
[10:08] <+Risk> Long GC @ 1107.3 -> Add «« simulator »»
[10:08] <+Risk> 1 each
[10:11] <+werner> Exited all NQ Long @ 1969.00 --> - 1
[10:19] <+Risk> very bad entry 4 my 1st trade. forced my self to c a setup when there was none
[10:20] <@wrbtrader> Shorts TF @ 683.10 -> small size
[10:20] <+Risk> had a long bias b/c of the news
[10:20] <@wrbtrader> 2 only
[10:20] <@wrbtrader> late start in the trading day for me
[10:22] <+Sidhartha> good miss
[10:23] <+Sidhartha> I hate those moves that feel like leaked data... I never really know how to trade them...
[10:23] <@wrbtrader> Usually you can't...just got to sit tight and watch
[10:23] <+Sidhartha> yeah
[10:23] <+Sidhartha> but then you see the vol and feel like you are missing out!
[10:24] <+Sidhartha> just a psychology thing
[10:25] <@wrbtrader> I'm expecting today to settle into a range day.
[10:25] <@wrbtrader> Thus, I've lowered my profit goal for the day along with my overall position size to better manage any losses.
[10:26] <@wrbtrader> Hopefully I'm wrong because I want to trade within some volatility.
[10:26] <@wrbtrader> Covered all TF Short @ 683.00 --> + 0.1
[10:26] <@wrbtrader> scratch
[10:26] <@wrbtrader> will just watch for awhile
[10:29] <@wrbtrader> Anybody in here subscribed to the CBOE MDI Data Indices (e.g. VIX, GOX, SPX) or getting these via some other package deal with your data vendor
??
[10:30] <+pat255> I have IB platform used to get Vix free now they charge
[10:31] <+Sidhartha> VIX as in volatility index...
[10:31] <@wrbtrader> Yeah...it was free at most vendors as part of OPRA feed but the CBOE change to feed to charge for them...passing the cost to us
[10:31] <@wrbtrader> Sid...yes
[10:32] <@wrbtrader> VIX, VWA, VWB OVX, RVX and many others...volatility index
[10:32] <+pat255> even gor Tf data they charge me
[10:32] <+Sidhartha> yeah... I used to get them free... now I'm 20 mins delay I think
[10:32] <@wrbtrader> I like to use them to help sniff out a range day...something I don't want to be trading within.
[10:32] <+Sidhartha> I think they're only like $5 a month or something... is that right...
[10:32] <@wrbtrader> Meant...a low volatility range day.
[10:33] <@wrbtrader> A volatile range day is ok...it's the low volatility range days that's tough to trade.
[10:33] <@wrbtrader> Sid...I only pay $2 per month
[10:33] <+Sidhartha> for those indices...
[10:33] <+Sidhartha> ok
[10:42] <@wrbtrader> Long TF @ 684.00 -> small size
[10:42] <@wrbtrader> 2 only
[10:44] <@wrbtrader> Exited all TF Long @ 684.50 --> + 0.5
[10:45] <@wrbtrader> TF needs to gt about that 684.50 with some volatility to be able to threaten a new intraday high
[11:02] <@wrbtrader> Retesting that support area now
[11:05] <@wrbtrader> Shorts TF @ 680.70 -> small size
[11:05] <@wrbtrader> intuition
[11:05] <@wrbtrader> 2 only
[11:06] <+pat255> vn N ...geez unable to take S at lows but worked
[11:07] <@wrbtrader> I'm not out of the woods just yet...got more data problems right now
[11:07] <+pat255> oops
[11:07] <@wrbtrader> Covered all TF Short @ 679.50 --> + 1.2
[11:07] <@wrbtrader> forced out...got no data at the moment
[11:10] <@wrbtrader> Oil and Gold lost another support
[11:15] <+pat255> y
[11:15] <+pat255> v difficult to trade from office ..:9
[11:15] <+pat255> on phone connection
[11:17] <+codehead> ES low is exact .500
[11:22] <+codehead> nice cluster at 1160.5
[11:23] <@wrbtrader> Got my data problem fixed...back to trading
[11:24] <+pat255>
[11:37] <@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[11:45] <+codehead> i think we still have a gap to fill 1163.50
[11:52] <+Risk> Shorts TF @ 678.7 «« simulator »»
[11:52] <+Risk> stil long in GC. don't ask me why. STUBBORN
[11:58] <+Risk> GC will turn into an INVESTMENT now that I am losing my shirt on it
[12:00] <+Risk> Covered all TF Short @ 678.7 --> + 428.6 «« simulator »»
[12:00] <+werner> wow
[12:00] <+Risk> again this error. it should be 0
[12:00] <+werner> hi hi
[12:00] <+Risk> where did this +428.6 come from
[12:00] <+Risk>
[12:01] <+Sidhartha> one of my golden rules to never be broken... never will a day trading position end up in my investment account
[12:01] <+werner> maybe wrong input
[12:02] <+Risk> sid I was sarcastic obviously
[12:02] <+Risk> i don't know what got into me 2day. I am possed.
[12:03] <+Risk> Long GC @ 1103.1 -> Add «« simulator »»
[12:04] <+Risk> my average cost is 1105.3 let's c what the system will say
[12:07] <+Risk> Shorts TF @ 678.5 «« simulator »»
[12:11] <+Risk> Covered all TF Short @ 679.7 --> + 422.2 «« simulator »»
[12:11] <+Risk> again an error
[12:13] <+Risk> should be -1.2
[12:13] <+Risk> I had enough . I am out of here
[12:18] <ArcTrader> Short ES 1167 T1:1166 T2:1163.75 T3: 1162.25 <<sim>>
[12:34] <+ArcTrader> stop - mistake: need to wait for A-B confirm lower / pattern top 1170.75
[12:51] <Vagalume3> short ES 1168 SL 70.00
[13:04] <@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[13:24] <+Vagalume3> T1: 67 hit T2: 65.50
[13:24] <+Vagalume3> go down!
[13:25] <+werner> weak sup here nq
[13:27] <+werner> Long NQ @ 1959.00
[13:27] <+werner> Exited all NQ Long @ 1960.00 --> + 1
[13:39] <+werner> Shorts NQ @ 1960.25
[13:40] <+Vagalume3> SL at entry @ 68
[13:42] <+werner> Covered all NQ Short @ 1959.00 --> + 1.25
[13:46] <+werner> status quo
[13:47] <+werner> down down deeper and down
[13:49] <+werner>
http://www.youtube.com/watch?v=bNPJuJSVmNA[13:51] <+Vagalume3> only a small winner: +1 point
[14:10] <+werner> is it higher and higher
[14:10] <+werner>
http://www.youtube.com/watch?v=DHOrJhDIjW4[14:13] <+werner> Long NQ @ 1962.00
[14:15] <+werner> play
to remain positive
[14:16] <+werner> es big res at 68.75
[14:16] <+werner> must taken out for h/h
[14:19] <+werner> 680.20 ym also res
[14:20] <+Risk> Covered all GC Short @ 1103.5 --> - 425 «« simulator »»
[14:21] <+Risk>
??? should be -2
[14:21] <+werner> ok
[14:21] <+Risk> Shorts GC @ 1103.2 «« simulator »»
[14:22] <@wrbtrader> 2.5 TF range since the directional price drop.
[14:25] <+Risk> Covered all GC Short @ 1103.8 --> - 0.6 «« simulator »»
[14:25] <+Risk> now it's OK.............
????
[14:27] <@wrbtrader> Risk...the script doesn't do a different math when you open two positions in different trading instruments.
[14:27] <+Risk> anyway. I was on the April cont instead of June
[14:27] <@wrbtrader> You had an open GC long and TF short at the same time.
[14:28] <+Risk> Mark, are you saying that it takes all trades as if they were done in 1 instrument?
[14:28] <@wrbtrader> Yes...based upon what you setup as your "default" instrument
[14:28] <+Risk> OK. I was not aware of that
[14:29] <+codehead> oil pop into close
[14:29] <@wrbtrader> The only way around that is to do multiple instruments "manually".
[14:29] <+Risk> yes but I was changing the DEFAULT instrument and I was hoping that the script will follow
[14:30] <+codehead> a couple of years ago, i wrote a script for here that tracked all instruments separeately
[14:30] <+Risk> Long GC @ 1105.1 «« simulator »»
[14:30] <+codehead> lost it when my computers and backup drives were stolen
[14:30] <+codehead> in fact, it was smart enough that you didn't even have to define the instruments
[14:30] <+codehead> if you hadn't traded NQ yet, it would make a new entry for NQ, etc
[14:31] <+codehead> so you could close ES, still manage an existing NQ trade, everything calculated right
[14:31] <+codehead> too bad i lost it
[14:31] <+Risk> that would be nice 2 have here....
[14:32] <+codehead> it managed adds correctly, etc.
[14:32] <+codehead> oil came back nearly flat at floor close
[14:32] <+werner> Exited all NQ Long @ 1964.00 --> + 2
[14:34] <@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[14:35] <+werner>
http://www.youtube.com/watch?v=DHOrJhDIjW4[14:35] <+Risk> Exited all GC Long @ 1104.9 --> - 0.2 «« simulator »»
[14:35] <+Risk> Long TF @ 681 «« simulator »»
[14:36] <+werner> not only a nice number but als a nice women
[14:36] <+werner> als=also
[14:36] <+codehead> NQ hit .618 retracement
[14:37] <+codehead> had an order to short here in place a while ago, didn't get here last round so pulled it
[14:37] <@wrbtrader> If more volatility shows up...TF will test the 683.40
[14:37] <@wrbtrader> if not...it'll just range
[14:37] <gabe> Long ES @ 1169.25
[14:37] <+Risk> Exited all TF Long @ 681.1 --> + 0.1 «« simulator »»
[14:42] <+gabe> Exited all ES Long @ 1169.50 --> + 0.25
[14:52] <+gabe> Long ES @ 1170.25
[14:52] <JimL1> Long TF @ 681.5 «« simulator »»
[14:52] <+JimL1> 2
[14:53] <+JimL1> Exited 1/2 TF Long @ 682 --> + 0.5 «« simulator »»
[14:56] <+werner> Shorts NQ @ 1966.00
[14:56] <+gabe> Exited all ES Long @ 1170.50 --> + 0.25
[14:58] <+werner> Covered all NQ Short @ 1965.00 --> + 1
[15:08] <@wrbtrader> It came within 1 tick of 683.40
[15:22] <@wrbtrader> Shorts TF @ 681.40 -> small size
[15:22] <@wrbtrader> 3 only
[15:23] <@wrbtrader> late to the show by 1 point...will need to sweat it out.
[15:25] <@wrbtrader> Covered all TF Short @ 681.50 --> - 0.1
[15:25] <+gabe> Shorts ES @ 1169.50
[15:26] <+JimL1> Exited Remainder TF Long @ 681.9 --> + 0.4 «« simulator »»
[15:27] <+gabe> Covered all ES Short @ 1169.75 --> - 0.25
[15:31] <@wrbtrader> Long TF @ 682.40 -> small size
[15:32] <@wrbtrader> 2 only
[15:32] <+gabe> Long ES @ 1170.50
[15:35] <+JimL1> nq powering up this move
[15:35] <+JimL1> is there tech news
[15:37] <+gabe> Exited all ES Long @ 1170.50 --> 0
[15:39] <+JimL1> Long TF @ 681.9 «« simulator »»
[15:39] <+JimL1> Long TF @ 681.6 -> Add «« simulator »»
[15:42] <+JimL1> Exited 1/2 TF Long @ 682.1 --> + 0.5 «« simulator »»
[15:42] <+JimL1> Exited Remainder TF Long @ 682 --> + 0.1 «« simulator »»
[15:44] <@wrbtrader> Exited all TF Long @ 681.40 --> - 1
[15:44] <+ArcTrader> Pattern Top 1170.75 x2
[15:44] <@wrbtrader> getting closer to rush hour traffic of 4pm est
[15:44] <+JimL1> tf right here @ 681
[15:44] <+JimL1> support right here
[15:45] <@wrbtrader> ES looking bearish
[15:45] <@wrbtrader> Shorts TF @ 681.00 -> small size
[15:45] <@wrbtrader> 3 only
[15:46] <+JimL1> Shorts TF @ 681.1 «« simulator »»
[15:46] <+JimL1> 1
[15:46] <+Vagalume3> ES 68.75 long
[15:46] <+Vagalume3> 1 only
[15:46] <+Vagalume3> SL @68.00
[15:46] <+JimL1> Covered all TF Short @ 681.8 --> - 0.7 «« simulator »»
[15:46] <@wrbtrader> she's jumping around
[15:47] <+JimL1> Shorts TF @ 681.6 «« simulator »»
[15:47] <+JimL1> 1
[15:48] <+JimL1> Shorts TF @ 681.8 -> Add «« simulator »»
[15:48] <+JimL1> 1
[15:48] <+JimL1> Shorts TF @ 681.7 -> Add «« simulator »»
[15:48] <+JimL1> 1
[15:50] <@wrbtrader> weak support just developed
[15:51] <+JimL1> didn't trade much today & this looked so good to short until I got whacked on the 1st try
[15:53] <+JimL1> this swing @ 680.8 is real important for staying in this trade
[15:53] <+Risk> Long TF @ 681.3 «« simulator »»
[15:54] <+Vagalume3> ES: strong support at 69, even from overnight
[15:54] <@wrbtrader> tighten stop
[15:54] <+Vagalume3> stop is 3 ticks
[15:56] <@wrbtrader> My intentions is to be out of this particular short before the rush hour traffic
[15:56] <+JimL1> Covered 2/3 TF Short @ 681 --> + 0.7 «« simulator »»
[15:57] <+JimL1> Covered Remainder TF Short @ 681.1 --> + 0.5 «« simulator »»
[15:57] <@wrbtrader> Covered all TF Short @ 681.10 --> - 0.1
[15:57] <+Risk> Exited all TF Long @ 681.2 --> - 0.1 «« simulator »»
[15:58] <+JimL1> Long TF @ 681.2 «« simulator »»
[15:58] <+JimL1> 1
[15:59] <+JimL1> Long TF @ 681 «« simulator »»
[15:59] <+JimL1> 1
[15:59] <@wrbtrader> Long TF @ 681.10 -> small size
[15:59] <@wrbtrader> 3 only
[16:00] <@wrbtrader> Exited 2/3 TF Long @ 682.00 --> + 0.9
[16:00] <+JimL1> Exited 1/2 TF Long @ 682 --> + 1 «« simulator »»
[16:00] <+JimL1> Exited Remainder TF Long @ 681.3 --> + 0.3 «« simulator »»
[16:01] <+Vagalume3> SL at 68.25, 2 ticks
[16:01] <@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[16:01] <@wrbtrader> caught a WRB exit
[16:03] <+JimL1> 1 trgt tagged b4 i cud move it & I moved stop too quick in the flurry & that got tagged, done
[16:05] <@wrbtrader> TF basically ranging the past hour...
[16:05] <@wrbtrader> That'll setup a nice price move in the overnight data or out of the gates tomorrow.
[16:07] <+Vagalume3> out at 69.25
[16:07] <+Vagalume3> no follow through
[16:07] <+Vagalume3> +2 ticks
[16:07] <@wrbtrader> We got key reports tomorrow in Europe several hours before the U.S. regular session opens and a few U.S. key reports after 8:15am est
[16:13] <@wrbtrader> Exited Remainder TF Long @ 682.20 --> + 1.1
[16:47] <@wrbtrader> Take care all and see all tomorrow
[16:47] * wrbtrader is now known as wrbrtrader_away
[16:47] * wrbrtrader_away is now known as wrbtrader_away
Session Close: Tue Mar 30 16:53:47 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 or http://stocktwits.com/wrbtrader Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
questions@thestrategylab.comGo Back To TheStrategyLab.com Homepage
