#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 May 03 08:16:37 2010
Session Ident: #FuturesTrades
[08:16] * Now talking in #FuturesTrades
[08:16] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[08:20] <@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[09:29] <drt>
everyone
[09:38] <kosmipt>
[09:47] <@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[09:48] <@wrbtrader> Shorts TF @ 719.40 -> small size
[09:48] <@wrbtrader> 3 only
[09:53] <@wrbtrader> Covered all TF Short @ 719.90 --> - 0.5
[09:53] <@wrbtrader> had a great entry on that trade...too bad it didn't produce any profits
[09:54] <@wrbtrader> Long TF @ 721.20 -> small size
[09:54] <@wrbtrader> 3 only
[09:55] <@wrbtrader> Long TF @ 721.80 -> Add
[09:55] <@wrbtrader> 1 added...not looking good
[09:55] <Jacktheripper>
[09:57] <@wrbtrader> stop tighten...big key market events around the corner
[10:00] <@wrbtrader> Exited all TF Long @ 720.80 --> - 1.4
[10:01] <+Jacktheripper> wow
[10:02] <@wrbtrader> Long TF @ 721.60 -> medium size
[10:02] <@wrbtrader> 4 only
[10:04] <@wrbtrader> Exited all TF Long @ 721.60 --> 0
[10:05] <+kosmipt> 715.50 is gap fill for TF
[10:06] <+kosmipt> we're way above that
[10:07] <@wrbtrader> Long TF @ 722.10 -> small size
[10:07] <@wrbtrader> 2 only
[10:07] <@wrbtrader>
[10:08] <@wrbtrader> now it moves AFTER I dropped my position size
[10:08] <+kosmipt>
[10:08] <@wrbtrader> Will try to compensate via holding on to this trade beyond it's profit target.
[10:09] <@wrbtrader> WRB target reached
[10:09] <Risk> news were better than exp
[10:15] <@wrbtrader> Exited all TF Long @ 725.20 --> + 3.1
[10:16] <@wrbtrader> was able to compensate for the missing contract on that trade
[10:16] <+kosmipt> nice
[10:17] <+kosmipt> TF doesnt respect ES at all
[10:17] <@wrbtrader> It took 3 consecutive Long positions to find a winner.
[10:18] <@wrbtrader> I hate having the direction correct but not getting the goals I wanted.
[10:30] <@wrbtrader> Shorts TF @ 723.30 -> small size
[10:31] <@wrbtrader> 3 only
[10:31] <@wrbtrader> Shorts TF @ 723.00 -> Add
[10:31] <@wrbtrader> 1 added
[10:34] * codehead_afk is now known as codehead
[10:34] <+Risk> GJ & EJ r dropping like a stone
[10:38] <@wrbtrader> Covered all TF Short @ 723.30 --> - 0.3
[10:44] * codeheadX is now known as codehead
[10:46] <+Risk> ES in a 4.5 point range since the pre-open
[10:46] <+Risk> this is unusuall
[10:46] <@wrbtrader> Shorts TF @ 722.30 -> small size
[10:46] <@wrbtrader> 3 only
[10:46] <@wrbtrader> another support failure
[10:47] <+Risk> 5.5 ponts range. my mistake. 4.5 was from the open
[10:49] <@wrbtrader> Covered all TF Short @ 722.40 --> - 0.1
[10:51] <@wrbtrader> Shorts TF @ 722.40 -> small size
[10:51] <@wrbtrader> 3 pm;u
[10:51] <@wrbtrader> 3 only
[10:52] <@wrbtrader> got picked pocketed on the prior...
[10:52] <@wrbtrader> will tighten trail earlier on this one
[10:52] <@wrbtrader> trailing @ profit
[10:53] <@wrbtrader> Covered 2/3 TF Short @ 720.20 --> + 2.2
[10:59] <JimL1> gotaa take a breake now;these retracements are too much in picking off good trade entries & loosing on stops 4 times now for me - should have banked alot of +ticks left on the tabble
[10:59] <@wrbtrader> Yeah...they got me a few times today already
[11:12] <@wrbtrader> Covered Remainder TF Short @ 720.80 --> + 1.6
[11:12] <@wrbtrader> got lost in the forrest on that remainder
[11:17] <@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[11:21] <@wrbtrader> TF all over the place and the volatility changes like crazy...confusing at times.
[11:56] <+JimL1> lunchtimebreak required for me, 2 successive blastoffs & stalls (after making swing lows) I can't trade that...:>
[12:04] <codehead> short NQ 2025.75 <paper> 2.50 stop
[12:07] <+codehead> the bigger frame still quite strong on NQ, so dicey
[12:07] <+codehead> exit half NQ +1.50 <paper>
[12:08] <+codehead> lower stop on remainder to -1.00 <paper>
[12:10] <+codehead> exit remainder NQ +2.00 <paper>
[12:17] <@wrbtrader> TF pushing higher through some tough resistance price area
[12:20] <@wrbtrader> I have a bearish bias right now but so far...no Short signals.
[12:23] <@wrbtrader> Long TF @ 727.60 -> small size
[12:23] <@wrbtrader> 1 only
[12:23] <@wrbtrader> intuition
[12:23] <Tigerman> hi all
[12:25] <@wrbtrader> Exited TF Long @ 728.30 --> + 0.7
[12:26] <+Tigerman> nice wrb
[12:26] <@wrbtrader> Shorts TF @ 724.40 -> small size
[12:26] <@wrbtrader> 2 only
[12:30] <@wrbtrader> Covered all TF Short @ 728.50 --> - 4.1
[12:30] <@wrbtrader> ooops
[12:30] <@wrbtrader> that entry was incorrect 724.40 when it should have said 728.40
[12:32] <@wrbtrader> Long TF @ 728.80 -> small size
[12:32] <@wrbtrader> 2 only
[12:32] <@wrbtrader> intuition
[12:34] <@wrbtrader> Exited all TF Long @ 728.40 --> - 0.4
[12:38] <@wrbtrader> Long TF @ 728.90 -> small size
[12:39] <@wrbtrader> 3 only
[12:39] <@wrbtrader> increasing volatility
[12:43] <@wrbtrader> volatility just died
[12:43] <+Tigerman> yep congested area
[12:44] <+Tigerman> lunch time ..
[12:47] <@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[12:48] <@wrbtrader> Exited all TF Long @ 728.50 --> - 0.4
[12:49] <@wrbtrader> was patient
[12:49] <+Tigerman> very easy lost patience here
[12:50] <+Tigerman> for me price have to break over 1200 SP
[12:51] <+Tigerman> or fall down 1195 for buy oportunity
[12:51] <+Tigerman> will see..
[12:59] <@wrbtrader> Long TF @ 728.80 -> small size
[12:59] <@wrbtrader> 3 only
[13:00] <@wrbtrader> very tough tight price action above 728.00
[13:01] <@wrbtrader> Exited all TF Long @ 728.50 --> - 0.3
[13:01] <@wrbtrader> I had patience waiting for another volatility spike...
[13:02] <@wrbtrader> It didn't happen.
[13:02] <@wrbtrader> will go to lunch now
[13:02] <@wrbtrader> hopefully a big move doesn't happen while I'm gone
[13:02] * wrbtrader is now known as wrbtrader_away
[13:03] <+Tigerman> lunch time for me too see all later..
[14:14] <@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[15:09] <JimL1> Shorts TF @ 730 «« simulator »»
[15:09] <+JimL1> 1
[15:10] <+JimL1> back for the last hr
[15:10] <@wrbtrader_away> Shorts TF @ 728.10 -> small size
[15:10] <@wrbtrader_away> 2 only
[15:10] <@wrbtrader_away> correction
[15:11] <@wrbtrader_away> Shorts TF @ 729.10 -> small size
[15:11] <+JimL1> exit stop lowered TF @ 729.5 «« simulator »»
[15:11] * wrbtrader_away is now known as wrbtrader
[15:12] <+JimL1> exit stop lowered TF @ 729.1 «« simulator »»
[15:13] <@wrbtrader> Covered all TF Short @ 728.80 --> + 0.3
[15:13] <+JimL1> Trailing Stop Hit TF @ 729.1 --> + 0.9 «« simulator »»
[15:21] <@wrbtrader> Shorts TF @ 729.30 -> small size
[15:21] <@wrbtrader> 3 only
[15:24] <pdays> Shorts ES @ 1199.0
[15:24] <@wrbtrader> Covered 2/3 TF Short @ 727.20 --> + 2.1
[15:25] <+JimL1> tf: 2 swng supports broken
[15:28] <+JimL1> had a nice bounce into 729 & i missed it :<, gotta stay poised
[15:31] <@wrbtrader> Covered Remainder TF Short @ 728.00 --> + 1.3
[15:33] <+Tigerman> I have to go see all next time
[15:33] <+Tigerman> bye
[15:34] <Hen> did you break-even after the morning loss?
[15:38] <+JimL1> 729 area seems like a mgnet
[15:39] <+JimL1> 729.5
[15:39] <+JimL1> area
[15:43] <+pdays> Covered all ES Short @ 1198.25 --> + 0.75
[15:44] <@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[15:44] <+Risk> on the daily SPY is forming a symetrical flag. I am taking bets on the direction of the break.....
[15:44] <+JimL1> Long TF @ 729.2 «« simulator »»
[15:44] <+JimL1> 1
[15:45] <@wrbtrader> TF within a key price area
[15:46] <@wrbtrader> Hopefully I can catch a few trades in here
[15:46] <+JimL1> exit stop raised TF @ 730.2 «« simulator »»
[15:46] <+JimL1> Trailing Stop Hit TF @ 730.2 --> + 1 «« simulator »»
[15:47] <@wrbtrader> Long TF @ 730.20 -> small size
[15:47] <@wrbtrader> 2 only
[15:48] <+JimL1> tight stops now, too many 13-15 ticks retracments on me today
[15:50] <@wrbtrader> Exited all TF Long @ 730.50 --> + 0.3
[15:50] <@wrbtrader> Long TF @ 731.00 -> medium size
[15:50] <@wrbtrader> 4 only
[15:51] <+JimL1> unfortunately for me this run is still runaway mode, i caught the only retracment
[15:52] <+JimL1> Long TF @ 730.9 «« simulator »»
[15:52] <+JimL1> 1
[15:53] <+JimL1> exit stop raised TF @ 731.1 «« simulator »»
[15:54] <@wrbtrader> Exited 1/2 TF Long @ 731.50 --> + 0.5
[15:54] <@wrbtrader>
[15:54] <@wrbtrader> punks
[15:54] <@wrbtrader> Exited Remainder TF Long @ 731.10 --> + 0.1
[15:56] <@wrbtrader> Shorts TF @ 730.90 -> small size
[15:56] <@wrbtrader> 1 only
[15:57] <+Risk> ES, NQ & TF are not moving 2gether as usual
[15:58] <@wrbtrader> Correct...saw many times today they were not in sync but that was also true with other key markets like Oil and Gold.
[15:58] <+JimL1> Trailing Stop Hit TF @ 731.1 --> + 0.2 «« simulator »»
[15:58] <+JimL1> late, had to step away
[15:59] <+JimL1> Shorts TF @ 730.9 «« simulator »»
[15:59] <+JimL1> 1
[15:59] <@wrbtrader> Covered TF Short @ 730.80 --> + 0.1
[16:00] <@wrbtrader> I wasn't expecting the rush hour traffic to be stuck within a 3 tick range
[16:01] <+JimL1> Covered all TF Short @ 730.7 --> + 0.2 «« simulator »»
[16:18] * codehead is now known as codehead_afk
[16:48] <monkey1> has anyone here seen the ^ symbol used to describe ticks?
[17:04] * Hen_ is now known as Hen
[17:11] <@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[17:12] <@wrbtrader> Take care all and see all tomorrow
[17:12] * wrbtrader is now known as wrbtrader_away
Session Close: Mon May 03 21:41:54 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)
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