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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: Thu Apr 22 08:59:53 2010
Session Ident: #FuturesTrades
[08:59] * Now talking in #FuturesTrades
[08:59] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:25] <@wrbtrader> Good morning all
[09:26] <werner>
wrbtrader
[09:27] <Risk> good morning, bonjour, goedemorgen, buongiorno, buenos dias, boker tov
[09:27] <@wrbtrader> Eurex DAX has been in a low volatility tight trading range a few hours now
[09:29] <+werner>
risk
[09:29] <drt>
[09:29] <+Risk> hi werner
[09:30] <jbuch> morning everyone
[09:30] <+werner>
jbuch,drt
[09:31] <+Risk> jb
[09:32] <+Risk> news in 28 min
[09:35] <+Risk> AAPL is @258. Cramer said it will go down whe it was @190
)))) We should use him as a contrary indicator
[09:36] <@wrbtrader> Shorts TF @ 715.50 -> medium size
[09:37] <@wrbtrader> 4 only
[09:38] <@wrbtrader> Covered all TF Short @ 715.80 --> - 0.3
[09:38] <xtractor> buy ES 1189.75
[09:38] <+jbuch> Shorts ES @ 1190
[09:38] <@wrbtrader> Shorts TF @ 715.80 -> medium size
[09:39] <@wrbtrader> 4 only
[09:39] <+xtractor> buy TF 715.9
[09:40] <+werner> Shorts NQ @ 2007.00
[09:41] <+jbuch> Covered 1/2 ES Short @ 1188.25 --> + 1.75
[09:41] <+werner> Covered all NQ Short @ 2004.25 --> + 2.75
[09:41] <@wrbtrader> Covered 1/2 TF Short @ 714.60 --> + 1.2
[09:41] <@wrbtrader> Covered TF Short @ 713.40 --> + 2.4
[09:41] <@wrbtrader> Holding 1 contract remainder
[09:41] <+xtractor> buy add 1187.5
[09:42] <+xtractor> buy add 713.4
[09:43] <@wrbtrader> support trying hard to show up
[09:43] <+jbuch> Covered Remainder ES Short @ 1187.5 --> + 2.5
[09:44] <+jbuch> my charts froze up
[09:45] <@wrbtrader> We have a pending HOT key market event via the 10am est Existing Home Sales Report
[09:45] <@wrbtrader> Will hold this remainder with a wide trailing stop
[09:46] <@wrbtrader> exit stop set TF @ 715.60
[09:46] <@wrbtrader> support getting stronger
[09:47] <@wrbtrader> 714.00 is a support area I'm looking at
[09:48] <JimL1> Long TF @ 714.5 «« simulator »»
[09:48] <+JimL1> 2
[09:49] <@wrbtrader> Covered Remainder TF Short @ 715.00 --> + 0.8
[09:49] <+JimL1> Exited 1/2 TF Long @ 715.2 --> + 0.7 «« simulator »»
[09:50] <+JimL1> Exited Remainder TF Long @ 715 --> + 0.5 «« simulator »»
[09:50] <@wrbtrader> Long TF @ 715.30 -> small size
[09:50] <@wrbtrader> 2 only
[09:51] <+xtractor> sell part TF 715.7 +1 avg
[09:52] <@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[09:53] <+xtractor> sell part ES 1188.75 +1> avg
[09:53] * codehead_afk is now known as codehead
[09:54] <+xtractor> sorry that's +0>
[09:54] <@wrbtrader> Exited all TF Long @ 716.00 --> + 0.7
[09:54] <@wrbtrader> punks
[09:55] <+xtractor> sell part TF 716.7 +2> avg
[09:57] <+xtractor> sell all TF 716.8 +2.1> avg
[09:57] <@wrbtrader> sidelined...will just watch until the 10am est price reaction shows up to the Existing Home Sales report
[09:57] <+Risk> xtractor your font color is nice but some of us (namely me) have a difficultu seeing font with low contrast. It would be appreciated if you could acomodate us(me)
[09:58] <@wrbtrader> Risk...it's your computer.
[09:58] <@wrbtrader> Fonts look normal on my
[09:58] <+xtractor> ummm...i have no idea what font color you are talking about...my background is white and font is black
[09:58] <@wrbtrader> In fact...it's the same as mine
[09:59] <+Risk> Cyan on White is difficult 2 c
[09:59] <@wrbtrader> Hmmm...I have black on white
[09:59] <+werner> i have black too
[09:59] <+Risk> x when u type your font is Cyan. everyone is black
[09:59] <+Risk> maybe it is my fault
[10:00] <+xtractor> sell all ES 1190 +1.25> avg
[10:00] <@wrbtrader> Risk...you can set it up yourself to change the FONTS of what someone else is using.
[10:00] <@wrbtrader> However, my Fonts are set as default whatever that may be
[10:00] <+Risk> thanks. I'll look in the mirc manual
[10:01] <+xtractor> risk...you might have set up my nick with special font color
[10:01] <@wrbtrader> Yeah...I did that once with someone as an experiment...it went bad and change the fonts of everybody
[10:02] <+Risk>
. yes I did (u r special). I just found it. as I wrote it was my fault
[10:02] <+JimL1> Long TF @ 717.3 «« simulator »»
[10:02] <+JimL1> 1
[10:02] <+JimL1> Exited all TF Long @ 717.6 --> + 0.3 «« simulator »»
[10:02] <+xtractor> thanks for making me special
[10:02] <@wrbtrader> Shorts TF @ 717.60 -> small size
[10:02] <@wrbtrader> 3 only
[10:03] <@wrbtrader> Covered all TF Short @ 717.70 --> - 0.1
[10:03] <@wrbtrader> hmmm
[10:03] <+Risk> home sale up
[10:03] <@wrbtrader> set a trail wrong
[10:04] <+xtractor> buy TF 717.6
[10:04] <@wrbtrader> Shorts TF @ 718.00 -> small size
[10:04] <@wrbtrader> 3 only
[10:05] <+xtractor> sell part TF 718.6 +1
[10:06] <@wrbtrader> Covered all TF Short @ 718.70 --> - 0.7
[10:07] <+xtractor> sell part TF 719.6 +2
[10:07] <@wrbtrader> Long TF @ 719.30 -> medium size
[10:07] <@wrbtrader> 4 only
[10:07] <@wrbtrader> volatility still rising
[10:08] <@wrbtrader> not anymore
[10:09] <@wrbtrader> Exited all TF Long @ 718.60 --> - 0.7
[10:10] <+xtractor> sell all TF 718.6 +1
[10:10] <@wrbtrader> Shorts TF @ 718.40 -> medium size
[10:10] <@wrbtrader> 4 only
[10:11] <@wrbtrader> Covered all TF Short @ 718.70 --> - 0.3
[10:12] <@wrbtrader> 719.50 - 718.00 new range
[10:12] <+xtractor> starting to chop
[10:12] <+xtractor> short TF 718.8
[10:13] <@wrbtrader> Shorts TF @ 718.40 -> medium size
[10:13] <@wrbtrader> 4 only
[10:15] <@wrbtrader> range getting tighter
[10:15] <@wrbtrader> Covered all TF Short @ 719.40 --> - 1
[10:16] <+xtractor> cover TF 719 -0.2
[10:16] <@wrbtrader> 719.60 - 718.30
[10:18] <+JimL1> Long TF @ 718.9 «« simulator »»
[10:18] <+JimL1> 2
[10:19] <@wrbtrader> 719.60 - 718.60
[10:19] <+xtractor> short TF 719.2
[10:19] <@wrbtrader> 1 point range now
[10:19] <+jbuch> Shorts ES @ 1191
[10:19] <@wrbtrader> expecting a volatility breakout here soon
[10:19] <+JimL1> Exited all TF Long @ 718.9 --> 0 «« simulator »»
[10:20] <@wrbtrader> Long TF @ 718.90 -> medium size
[10:20] <@wrbtrader> 4 only
[10:20] <+JimL1> Shorts TF @ 718.9 «« simulator »»
[10:20] <+JimL1> 2
[10:21] <@wrbtrader> Exited all TF Long @ 718.70 --> - 0.2
[10:21] <+xtractor> cover TF 718.7 +0.5
[10:21] <+werner> Shorts NQ @ 2008.50
[10:21] <+xtractor> no direction could go either way imo
[10:21] <+JimL1> Covered all TF Short @ 718.8 --> + 0.1 «« simulator »»
[10:23] <+JimL1> Long TF @ 718.7 «« simulator »»
[10:23] <+JimL1> 2
[10:23] <+jbuch> Covered all ES Short @ 1191 --> 0
[10:24] <@wrbtrader> tighter and tighter it gets
[10:25] <+JimL1> exit stop raised TF @ 18.9 «« simulator »»
[10:25] <@wrbtrader> Long TF @ 719.20 -> large size
[10:25] <+jbuch> Long ES @ 1191.75
[10:25] <@wrbtrader> 6 only
[10:25] <@wrbtrader> increasing volatility
[10:25] <+JimL1> Exited 1/2 TF Long @ 718.5 --> - 0.2 «« simulator »»
[10:26] <+JimL1> 719.5
[10:27] <+jbuch> Exited 1/2 ES Long @ 1193.75 --> + 2
[10:27] <@wrbtrader> Exited TF Long @ 721.70 --> + 2.5
[10:27] <@wrbtrader> Holding 2 contract remainders
[10:27] <+JimL1> measmove = ~723.5
[10:28] <+xtractor> nice longs guys
[10:29] <@wrbtrader> That range getting tighter and tighter set that pop up nicely...
[10:29] <@wrbtrader> Unfortunately, I got churned within it prior to the pop.
[10:29] <+JimL1> Exited Remainder TF Long @ 721.2 --> + 2.5 «« simulator »»
[10:29] <+werner> Long NQ @ 2014.50
[10:30] <+xtractor> yup got tired of trading the chop so i missed the pop
[10:30] <@wrbtrader> Usually after consecutive losses for me I do take a break.
[10:31] <@wrbtrader> However, that range kepted getting tighter...was afraid of missing the pop.
[10:31] <+xtractor> and that was a nice and fast pop
[10:31] <+werner> Exited all NQ Long @ 2017.00 --> + 2.5
[10:32] <+xtractor> shorts TF 721.8
[10:32] <+jbuch> Exited all ES Long @ 1192.5 --> + 0.75
[10:32] <+jbuch> wow
[10:32] <+xtractor> cover part TF 719.8 +2
[10:33] <+werner> Shorts NQ @ 2011.00
[10:33] <+xtractor> cover part TF 718.8 +3
[10:33] <@wrbtrader> geeesh
[10:33] <+xtractor> cover all TF 719.6 +3.2
[10:33] <@wrbtrader> Exited Remainder TF Long @ 719.30 --> + 0.1
[10:33] <+xtractor> sorry 718.6
[10:34] <@wrbtrader> There running it now...up and down
[10:34] <+xtractor> and how
[10:34] <+jbuch> this is news related
[10:34] <+werner> Covered all NQ Short @ 2014.00 --> - 3
[10:34] <+xtractor> buy TF 719.6
[10:34] <@wrbtrader>
[10:34] <@wrbtrader> It's like a "ping ball machine"
[10:34] <+xtractor> greek rumors and news
[10:35] <+werner> yep
[10:35] <@wrbtrader> Long TF @ 721.60 -> medium size
[10:35] <@wrbtrader> 4 only
[10:35] <+xtractor> sell all TF 721.6 +2
[10:35] <+werner> Long NQ @ 2017.00
[10:36] <+jbuch> Long ES @ 1193.5
[10:36] <@wrbtrader> Exited all TF Long @ 721.60 --> 0
[10:37] <@wrbtrader> starting to feel like a FOMC Announcement
[10:37] <@wrbtrader> strap on your boots and hold on if you can
[10:38] <+werner> Exited all NQ Long @ 2021.25 --> + 4.25
[10:38] <+jbuch> nice werner
[10:38] <+xtractor> trading between my 2 pivots 718.10 and 721.9
[10:38] <+werner> tx jbuch
[10:39] <+xtractor> shorts TF 721.4
[10:40] <@wrbtrader> Shorts TF @ 720.50 -> small size
[10:40] <@wrbtrader> 3 only
[10:40] <+jbuch> Exited all ES Long @ 1192.75 --> - 0.75
[10:41] <@wrbtrader> tough to reach a profit goal today with all this "jerky trades".
[10:42] <+werner>
[10:42] <@wrbtrader> Covered all TF Short @ 720.40 --> + 0.1
[10:42] <@wrbtrader> another jerky trade killed by the chop
[10:42] <+jbuch> Long ES @ 1193.5
[10:44] <+xtractor> cover all TF 720.4 +1
[10:44] <@wrbtrader> Long TF @ 720.90 -> medium size
[10:44] <@wrbtrader> 4 only
[10:44] <+xtractor> missed my 2 pt target fill by 1 tick
[10:45] <+werner> i think i tape my hands at the desk
[10:45] <+werner> President Obama Speaks in 10 min
[10:46] <@wrbtrader> If I can catch one of these "jerking price actions" in the direction of my trade...I'll reach my profit goal for the day
[10:46] <@wrbtrader> Exited all TF Long @ 720.90 --> 0
[10:46] <@wrbtrader>
[10:48] <@wrbtrader> That range is getting tighter again
[10:49] <+xtractor> both es & tf consolidating at the highs of the range
[10:49] <@wrbtrader> Long TF @ 721.50 -> medium size
[10:49] <+jbuch> Exited all ES Long @ 1194.5 --> + 1
[10:49] <@wrbtrader> 4 only
[10:50] <+drt> nice day trading but may have to evacuate... war starting here.
[10:51] <+xtractor> shorts Tf 721.5
[10:51] <+drt> they fired several M79 at train station and my condo is within range.
[10:51] <+jbuch> really were are u drt
[10:51] <+drt> bangkok
[10:51] <+JimL1> Shorts TF @ 721.4 «« simulator »»
[10:51] <+JimL1> 2
[10:52] <+JimL1> Covered 1/2 TF Short @ 721.1 --> + 0.3 «« simulator »»
[10:52] <+werner> wow
[10:52] <@wrbtrader> Exited all TF Long @ 720.60 --> - 0.9
[10:52] <+jbuch> double wow
[10:52] <+xtractor> cover part TF 720.5 +1
[10:52] <+JimL1> Covered Remainder TF Short @ 721 --> + 0.4 «« simulator »»
[10:53] <+JimL1> exit stop lowered TF @ 721 «« simulator »»
[10:53] <+drt> 50+ injuried but it looks like from window it quiet down now.
[10:53] <+JimL1> Covered all TF Short @ 720.8 --> + 0.6 «« simulator »»
[10:54] <+werner> Shorts NQ @ 2020.50
[10:54] <+jbuch> any idea what the
is about
[10:55] <+JimL1> bailed early this seems like it can go either way from my entry
[10:55] <+xtractor> cover all TF 721 +0.5
[10:56] <+drt> class war, rural poor vs elite
[10:57] <@wrbtrader> 1 point range
[10:58] <@wrbtrader> still in the hole with commissions
[10:59] <@wrbtrader> 721.50 - 720.50
[11:00] <+werner> Covered all NQ Short @ 2018.50 --> + 2
[11:00] <+codehead> nice patience
[11:01] <+werner> pff
very fast price action
[11:01] <+codehead> yeah
[11:01] <+xtractor> how much is a NQ tick these days?
[11:01] <+codehead> $5
[11:01] <+xtractor> tx
[11:01] <+codehead> yw
[11:02] <+codehead> i got the YM bounce short at 11019
[11:02] <+codehead> 11020 high
[11:02] <+codehead> somehow, i only got a couple tick out of it
[11:02] <+werner> nice
[11:02] <+codehead> retested 11019 several times, not higher
[11:02] <+codehead> :-P
[11:03] <+codehead> and a couple ES ticks, shorted that nice spot but it retested, then... the big dump after i was out with 2 ticks
[11:03] <+codehead> lol
[11:03] <+werner> ai
[11:04] <+jbuch> hope drt is allright
[11:04] <+codehead> and i told myself, after yesterday, i need to not move my stop--either take the stop out or the target, which ever comes first
[11:04] <+werner> I hope nothing has happened there with DRT
[11:04] <+werner> indd jb
[11:05] <+codehead> yesterday i was short 9 ticks from YM hod, and long 4 ticks from NQ lod, and made a few ticks
[11:05] <+codehead> need to consider putting in one-cancels-all roders and walk away after i enter trades
[11:07] <+werner> codehead... try too trail ...by set a stop at the prev candlle
[11:07] <@wrbtrader> Long TF @ 720.50 -> small size
[11:07] <@wrbtrader> 3 only
[11:08] <+codehead> i trail, but too soon
[11:08] <@wrbtrader> geeesh
[11:09] <+codehead> need to read miner book again, he's very specific about when to move stops
[11:09] <+werner> maybe try a 3 min candlle trail
[11:09] <+werner> prev 3 min candlle
[11:10] <+werner> but its indd very hard to hold trails
[11:10] <+codehead> YM triangle
[11:10] <@wrbtrader> Exited all TF Long @ 721.50 --> + 1
[11:10] <+codehead> nice
[11:11] <@wrbtrader> not really...still churning
[11:11] <+codehead> well, nice exit in the churn ;-)
[11:11] <@wrbtrader> Only the broker making money so far today
[11:11] <+codehead> bigger frame YM tick chart could roll over
[11:12] <+codehead> needs to make a move soon
[11:12] <@wrbtrader> I'm close to being profitable but the ranges are getting longer and smaller in duration
[11:13] <@wrbtrader> That makes it tougher until the late afternoon trading session
[11:13] <+werner> i take a break ..
[11:14] <+xtractor> [11:11] <+iNews> 11:12ET AT LEAST ONE DEAD, 75 WOUNDED FROM EXPLOSIONS IN BANGKOK'S BUSINESS DISTRICT - THAI MEDIA [RTR]
[11:15] <+xtractor> shorts TF 721.1
[11:15] <+jbuch> Shorts ES @ 1192.75
[11:15] <+codehead> here's that roll over in YM i was talking about
[11:17] <@wrbtrader> Shorts TF @ 720.50 -> small size
[11:17] <@wrbtrader> 2 only
[11:17] <@wrbtrader> at the low price of that tight range
[11:17] <@wrbtrader> tough short
[11:18] <@wrbtrader> volatility declining
[11:18] <+xtractor> cover part TF 720.6 +0.5
[11:21] <+jbuch> Covered all ES Short @ 1192 --> + 0.75
[11:22] <+xtractor> cover part TF 720 +1.1
[11:22] <@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[11:24] <@wrbtrader> Covered all TF Short @ 719.90 --> + 0.6
[11:25] <@wrbtrader> wanted a tight trail on that one because that's the price where I'm profitable
[11:30] <+xtractor> cover all TF 720.5 +0.6
[11:36] <@wrbtrader> Long TF @ 720.00 -> small size
[11:36] <@wrbtrader> 1 only
[11:37] <@wrbtrader> volatility declining more...not worth trying to push any size
[11:40] <@wrbtrader> Exited TF Long @ 720.70 --> + 0.7
[11:40] <@wrbtrader> just got my "hunger headache"...
[11:40] <@wrbtrader> be back later...going to lunch
[11:42] <+werner> Long NQ @ 2011.25
[11:44] <+werner> target has set and stops are in..
[12:03] <+xtractor> TF triangle for last hours...getting tight
[12:03] <+xtractor> hour
[12:09] <+xtractor> upside BO
[12:09] <+codehead> tick extreme
[12:23] <+jbuch> Long ES @ 1193.25
[12:23] <+JimL1> Long TF @ 722.3 «« simulator »»
[12:23] <+JimL1> 3
[12:24] <+JimL1> Exited 1/3 TF Long @ 722.5 --> + 0.2 «« simulator »»
[12:24] <+JimL1> Exited 2/3 TF Long @ 722.8 --> + 0.5 «« simulator »»
[12:26] <+JimL1> Exited Remainder TF Long @ 723.5 --> + 1.2 «« simulator »»
[12:26] <+JimL1> gotta step away, can't hold that on a BO type entry
[12:31] <+jbuch> Exited all ES Long @ 1192.75 --> - 0.5
[12:41] <+xtractor> shorts TF 724.9
[12:42] <+xtractor> risky
[12:44] <+jbuch> Long ES @ 1194.25
[12:46] <+xtractor> cover part TF 724.4 +0.5
[12:47] <+jbuch> Long ES @ 1193.75 -> Add
[12:52] <@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[12:56] <+codehead> big triangle on YM
[12:59] <+jbuch> this zone is tough
[13:04] <+jbuch> Exited 1/2 ES Long @ 1195.75 --> + 2
[13:08] <+xtractor> cover all TF 725.9 -1
[13:08] <+jbuch> Exited Remainder ES Long @ 1196.75 --> + 2.5
[13:08] <+codehead> nice
[13:09] <+xtractor> i guess the boys had a good lunch
[13:11] <+JimL1> back, yowsa, Obama must have gave Wall Street a wink & a nudge inspite of all the blustering about greed
[13:11] <+xtractor> gordon gonna set obama straight
[13:15] <+jbuch> there is my target
[13:16] <+JimL1> this is no fun to watch
[13:16] <+jbuch> itgets 2 or 3 points in my favor and I spaz out
[13:16] <+xtractor> short TF 727.9
[13:17] <+xtractor> shorts ES 1199.5
[13:19] <+xtractor> cover part TF 727.4 +0.5
[13:20] <+JimL1> Long TF @ 727.2 «« simulator »»
[13:20] <+codehead> 1200 area big res
[13:20] <+JimL1> 1
[13:20] <+codehead> and gap fill is 1200.50
[13:21] <+jbuch> Long ES @ 1199
[13:22] <+JimL1> Exited all TF Long @ 727.4 --> + 0.2 «« simulator »»
[13:22] <+JimL1> tralng stop mishandled
[13:24] <+JimL1> Shorts TF @ 727.91 «« simulator »»
[13:24] <+JimL1> 1
[13:25] <+JimL1> exit stop lowered TF @ 727.1 «« simulator »»
[13:26] <+JimL1> Trailing Stop Hit TF @ 727.1 --> + 0.81 «« simulator »»
[13:27] <+codehead> gap filled
[13:27] <+JimL1> 727.7 +.2
[13:28] <+jbuch> Exited all ES Long @ 1199.25 --> + 0.25
[13:35] <+xtractor> cover part TF 726.9 +1
[13:38] <+xtractor> cover part ES 1198.5 +1
[13:45] <+xtractor> cover all ES 1198.5 +1
[13:46] <+werner> Exited all NQ Long @ 2013.75 --> + 2.5
[13:46] <+xtractor> cover all TF 726.6 +1.2
[13:46] <+werner> back....late call
[13:46] <+werner> target hit
[13:51] <+xtractor> shorts Tf 727.7
[13:55] <+xtractor> cover TF 728.2 -0.5
[14:00] <+werner> djeez tf...
[14:00] <+werner> has teken his prev high
[14:00] <+werner> taken
[14:02] <+JimL1> Shorts TF @ 729.1 «« simulator »»
[14:02] <+JimL1> 2
[14:02] <+codehead> short NQ paper 2034.00 stop 2035.25 <paper>
[14:02] <+codehead> just didn't have the guts to pull it for real
[14:02] <+codehead> doh
[14:02] <+JimL1> Covered 1/2 TF Short @ 728.3 --> + 0.8 «« simulator »»
[14:03] <+JimL1> exit stop lowered TF @ 728.9 «« simulator »»
[14:04] <+werner> indd res here ...also res at 2038..prev high
[14:05] <+JimL1> exit stop lowered TF @ 728.6 «« simulator »»
[14:05] <+xtractor> shorts TF 728.4
[14:06] <+codehead> exit half NQ +1.50 <paper>
[14:06] <+werner> go go codehead
[14:06] <+codehead> :-/
[14:07] <+codehead> actually, the bounce back to 2034.00 was the one i knew was the sure thing entry
[14:07] <+codehead> should ahve grabbed it real then
[14:08] <+codehead> exit +2.00 remainder <paper>
[14:09] <+JimL1> exit stop lowered TF @ 728.2 «« simulator »»
[14:10] <+JimL1> Trailing Stop Hit TF @ 728.2 --> + 0.9 «« simulator »»
[14:14] <+JimL1> Long TF @ 728.2 «« simulator »»
[14:14] <+JimL1> 1
[14:16] <+JimL1> Exited all TF Long @ 728.5 --> + 0.3 «« simulator »»
[14:17] <+werner> vn codehead
[14:18] <+codehead> NQ dam strong today
[14:18] <+codehead> retest
[14:19] <+codehead> longer frame is sitll not selling on NQ
[14:19] <@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] <+werner> yes but russel is king
[14:19] <+codehead> which is why i took 2 on the paper trade
[14:20] <+codehead> Ym is looking more tentative
[14:20] <+werner> look at 2038... and see if its res
[14:20] <+werner> nq
[14:20] <+codehead> yeah, i see the seller there... let me check
[14:21] <+codehead> 2037.50 is 1.272...
[14:21] <+codehead> (a profit target)
[14:21] <+codehead> 2038 is regular session high on NQ i believe
[14:22] <+codehead> yester open
[14:23] <+codehead> Ym looking tired on longer frame
[14:23] <+JimL1> Long TF @ 728.8 «« simulator »»
[14:23] <+JimL1> 1
[14:25] <+werner> indd regular codehead
[14:26] <+codehead> another tick extreme
[14:26] <+werner> but its also prev weekly high all ses and regular
[14:29] <+werner> but trend is up so dont expect a big sell off ...it maybe chop there before its sells off
[14:30] <+jbuch> wow just chugging away here
[14:30] <+codehead> lol--i took it short
[14:30] <+codehead> but...
[14:30] <+codehead> the steady "ding dog!" of my tick extreme alarm drove me to cover for a tick
[14:31] <+xtractor> shorts TF 730.8 add
[14:31] <+codehead> "ding dong" that is
[14:31] <+codehead> i had a door bell that warms me of tick extreme +
[14:32] <+codehead> and a cry of "ohhh nooo!" on negative
[14:32] <+codehead> NQ new high
[14:32] <+codehead> o/n hoy was 2040.5
[14:33] <+JimL1> Exited Remainder TF Long @ 730 --> + 1.2 «« simulator »»
[14:33] <+jbuch> hey drt how is it going
[14:34] <@wrbtrader> ok...I'm back from lunch
[14:35] <@wrbtrader> Also took a nap that was needed after not getting much rest (kids still coughing through the night).
[14:35] <+jbuch> mine is to think she has allergies
[14:36] <@wrbtrader> My has strep throat
[14:36] <+codehead> ugh
[14:36] <+werner> Shorts NQ @ 2038.00
[14:36] <+jbuch> bummer
[14:37] <+codehead> did i think NQ could see green? yes. did i think NQ would see new high of year? no.
[14:37] <+jbuch> don't wish that you could extract whatever is ailing them and place it in yourself
[14:38] <+codehead> but i did think the second touch of 2039 was short, so wtg werner
[14:38] <+jbuch> Long ES @ 1202.5
[14:39] <+werner> Covered all NQ Short @ 2036.25 --> + 1.75
[14:40] <+werner> Shorts NQ @ 2036.50
[14:43] <drt> jb: chopper came too close to my window, im on 26th fl, so i went down for a beer, net result 1 dead, 75 injured.
[14:43] <+werner> Covered all NQ Short @ 2035.50 --> + 1
[14:43] <+codehead> nice werner
[14:44] <+werner>
[14:46] <+codehead> Ym is much less fakey than NQ
[14:46] <+codehead> i do better on YM
[14:47] <+werner> mm i dont think so
[14:48] <+codehead> you like NQ eh
[14:48] <+codehead> actually, it's a better scalper with wide stops
[14:49] <+werner> but its what you feel comfortable with
[14:49] <+codehead> NQ loves to break the stop then reverse
[14:50] <+werner> i think learn trading real the nq is the most cheap index
[14:50] <+jbuch> Exited all ES Long @ 1201.5 --> - 1
[14:51] <@wrbtrader> Shorts TF @ 728.60 -> small size
[14:51] <@wrbtrader> 3 only
[14:51] <+codehead> i did similar to what i did yesterday... thought we were at a top, very close, but saw it was going to try again so stepped out with a tick or two, then when i saw it was good, didn't grab it back right away
[14:52] <+codehead> was short 1 pt form hod here today, long 1 pt form lod yesty
[14:52] <+xtractor> cover part TF 728.6 +1 avg
[14:53] <@wrbtrader> a little choppy
[14:54] <@wrbtrader> 3pm est price reaction around the corner
[14:55] <+codehead> hm, i've traded 1 Ym, 1 ES, 1 NQ today--at least i'm diverse
[14:55] <+werner> nq is the most cheap index too learn real trading... a 3 point hard stop is 60$ thats a cheap stop ... and most of the time it not hits the stop
[14:55] <+codehead> recovering from overtrading friday and monday, 25 and 27 trade i think
[14:55] <+codehead> 4, 2, and 3 on days since
[14:56] <+werner> and i think nq is a leader
[14:56] <+xtractor> cover all TF 728.6 +1 avg
[14:57] <+werner> look at here the prev weekly high
[14:57] <+codehead> NQ does trend well--i just will not sopt in one direction for a long stretch, then... the other way, same thing
[14:57] <+werner> nq hits it and ist down
[14:57] <+werner> its
[15:00] <@wrbtrader> Covered all TF Short @ 728.50 --> + 0.1
[15:00] <@wrbtrader> too choppy and range getting tighter with declining volatility
[15:01] <+xtractor> buy TF 729
[15:03] <@wrbtrader> Long TF @ 729.40 -> small size
[15:03] <@wrbtrader> 1 only
[15:04] <+xtractor> sell part TF 729.5 +.5
[15:06] <@wrbtrader> Exited TF Long @ 729.70 --> + 0.3
[15:09] <+codehead> nice retest on NQ
[15:09] <+codehead> pretty divergent tho
[15:09] <+codehead> should be short, longer frame rolled
[15:09] <+codehead> but prolly just scalp
[15:13] <+codehead> nearly 40 pt range on NQ today, not bad
[15:13] <+xtractor> sell all TF 729.5 +0.5
[15:14] <+werner> i took my fingers off the short entry ...i am in profit mode so i think i dont trade any more
[15:14] <@wrbtrader> Long TF @ 730.10 -> small size
[15:15] <@wrbtrader> 3 only
[15:15] <+codehead> naz seems intent on closing with a new high
[15:15] <+codehead> that's why i said prolly jsut scalp
[15:15] <@wrbtrader> increasing volatility
[15:16] <+werner> is nq will come down i try a short again
[15:16] <+werner> is=if
[15:16] <+codehead> yeah, pretty key here, considering time of day
[15:17] <+codehead> we gotten alot of + tick extremes today
[15:17] <+codehead> just got another a min ago
[15:19] <+codehead> 2048.00, btw
[15:19] <@wrbtrader> Exited all TF Long @ 730.60 --> + 0.5
[15:20] <+codehead> is res
[15:20] <@wrbtrader> Long TF @ 731.30 -> medium size
[15:20] <@wrbtrader> 4 only
[15:20] <@wrbtrader> intuition
[15:21] <@wrbtrader> Exited all TF Long @ 731.70 --> + 0.4
[15:22] <+codehead> still waiting for dow green
[15:22] <+codehead> close
[15:23] <+codehead> there we go
[15:27] <+werner> yep .. and i go too ..gn all
[15:27] <@wrbtrader> ok...back again.
[15:27] <@wrbtrader> Had a little family issue here
[15:28] <+JimL1> had to set away, missed
[15:28] <+werner> good trading all..cya
[15:37] <+xtractor> shorts TF 732.5
[15:41] <+xtractor> cover part TF 732 +0.5
[15:43] <+jbuch> ahhhh nice run up to 1205
[15:44] <+jbuch> keep having to leave the computer we are packing and moving today
[15:47] <+xtractor> cover all TF 732.5 +0
[15:49] <@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[16:00] <+jbuch> have a good one all
[16:04] <+jbuch> selling pretty hard into thje close
[16:04] <+xtractor> amzn
[16:06] <+jbuch>
http://www.ritholtz.com/blog/2010/04/da ... Picture%29[16:11] <+xtractor> msft
[16:39] * codeheadX is now known as codehead_afk
[16:52] <@wrbtrader> I'm back...had more family distractions. Wasn't able to trade into the close like I usually do.
[16:53] <@wrbtrader> Take care all and see all tomorrow...missed a big chunk of today's trading due to lunch and family stuff
[16:53] * wrbtrader is now known as wrbtrader_away
[17:16] <@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/forumSession Close: Thu Apr 22 20:51:31 2010
-------------------------
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