#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: Fri May 14 07:43:44 2010
Session Ident: #FuturesTrades
[07:43] * Now talking in #FuturesTrades
[07:43] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[08:21] <@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[09:30] <drt>
everyone
[09:48] <pat255>
[09:48] <+pat255> late today
[09:51] <+pat255> wow what happened?
[09:51] <@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] <Time4now> what do you mean?
[09:54] <+pat255> geez drop like that ..
[09:54] <+Time4now> it seems to be in every futures market I watch
[09:55] <+Time4now> except the yen
[10:01] <+pat255> bounces all being sold
[10:02] <+pat255> mkt in angry mood
[10:02] <+Time4now> I'm not catching that knife
[10:17] <+pat255> S 1911 NQ paper
[10:18] <+pat255> out all +3
[10:20] <+Time4now> was that a guess?
[10:24] <+pat255> got lucky on that NQ S
[10:26] <+pat255> forming HH now
[10:29] <+pat255> geez back lower ...
[10:35] <+pat255> no push ..l are in trouble
[10:36] <@wrbtrader> Good morning all...just got back home from some early morning personal errands
[10:36] <+pat255>
N
[10:44] <MrYinYangTrader> Long TF @ 694.90
[10:45] <+MrYinYangTrader> Exited Remainder TF Long @ 694 --> - 0.9
[10:45] <+pat255> looking at 11 for S NQ
[10:53] <+MrYinYangTrader> Long TF @ 694.70
[11:00] <+MrYinYangTrader> Exited all TF Long @ 694.80 --> + 0.1
[11:04] <@wrbtrader> very few trading today
[11:04] <+pat255> the floor dropped at the start ..
[11:04] <+pat255> ranging now ..but still down trend
[11:05] <+pat255> took 1 trade ..missed the NQ S 11 ..
[11:05] <+pat255> did not get there & now it is 02
[11:05] <+pat255>
[11:18] <@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[11:26] <+pat255> S es 1131.25 paper
[11:30] <+pat255> out =1
[11:30] <+pat255> +1
[11:36] <+MrYinYangTrader> Long TF @ 691.80
[11:43] <+pat255> tuff today ...
[11:44] <+pat255> S & L dangerous now
[11:46] <+MrYinYangTrader> Exited all TF Long @ 691.7 --> - 0.1
[11:57] <+pat255> cant mount any up move at all
[11:58] <@wrbtrader> Long TF @ 688.70 -> small size
[11:59] <@wrbtrader> 1 only
[12:01] <@wrbtrader> Exited TF Long @ 688.80 --> + 0.1
[14:00] <codehead> long NQ 1891.50 <paper>
[14:18] <@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[14:47] <xtractor> buys tf 686.6
[14:47] <+xtractor> 688.6
[14:52] <+xtractor> sells tf 689.6 +1
[14:54] <+xtractor> buys tf 688.2
[14:59] <@wrbtrader> Long TF @ 687.50 -> small size
[14:59] <@wrbtrader> 2 only
[15:01] <+xtractor> seems as though buyers are scarce
[15:02] <Risk> here is an idea for a trading system. based on a 5-15 minute candles determine the average swing range of an instrument. Based on a small time frame - 20-50 TICK for TF for instance, enter in the direction COUNTER the most recent leg. Exit at predetermined interval. If wrong, add to the position b/c it might mean that the most recent leg was just a bit larger than the average. What do you think?
[15:02] <+codehead> sheesh, got in an hour long phone call after posting my buy
[15:02] <+codehead> so missed the obvious exit
[15:02] <+Risk>
[15:03] <+codehead> exit + NQ +4.50 <paper> to close it
[15:03] <+codehead> hit 5 pt higher
[15:03] <+codehead> and missed the bottom retest on YM i was waiting for :-/
[15:04] <+Risk> another train will come
[15:04] <@wrbtrader> Exited all TF Long @ 687.80 --> + 0.3
[15:09] <+xtractor> one positive of this selloff is oil has come down in price substancially
[15:10] <+Time4now> hmm. you'd think if money were worth less, people would buy more real goods
[15:24] <+xtractor> buys tf 685.2 add
[15:27] <+xtractor> sells all tf 686.8 +0.1
[15:30] <+xtractor> shorts need to cover for a bounce into the close
[15:33] <+xtractor> shorts tf 687.5
[15:37] <@wrbtrader> I'm calling it quits here...only had time to do a few small trades and don't want to screw up get a loser that I don't have enough time to recover from.
[15:37] <@wrbtrader> Thus, small profit for the day. Take care all.
[15:37] <+xtractor> i should be doing the same...have a good weekend
[15:38] <@wrbtrader> FYI - The new password for #FuturesTrades will be posted this weekend.
[15:38] <@wrbtrader> It'll be posted in a private thread at the forum for register members only.
[15:38] <@wrbtrader> Thus, #FuturesTrades will be password protected starting Monday.
[15:38] <@wrbtrader> Have a safe and good weekend all.
[15:38] <@wrbtrader> wrbtrader_away
[15:39] * wrbtrader is now known as wrbtrader_away
[15:45] <@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[15:47] <+codehead> oh this is annoying, told my fried we'd see short covering after it could break down new lod late
[15:47] <+codehead> but took too many trades early and ate myself up in fees, stopped trading
[15:51] <+Risk> i am thinking of turning MIRC off when trading. to avoid getting a bias
[15:55] <+Risk> imagine seeing someone going short when you think long while the market is moving up and you think - I must be wrong, or vise versa
[15:58] <+codehead> i get that problem all the time
[15:58] <+Risk>
[15:59] <+Risk> me 2 but I am slowly learning to trust my own analisys
[15:59] <+Risk> I used to anticipate/predict market turning points
[16:00] <+Risk> I WAS TAKEN TO THE CLEANERS
[16:00] <+Risk>
[16:02] <+Risk> the good thing about a room like this is that if u r not embarased to say what was going on in your mind it will actually help verbalize and clarify your thoughts
[16:03] <+Risk> you are DEFINATELY NOT going to learn to trade by watching other people's success
[16:03] <+Risk> or failure
[16:04] <+Risk> i cann't believe I am writing this but hey, therapy in this room is a bargain compared with professional shrinks
[17:15] <@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: Fri May 14 18:54:58 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 VXX, DIA, IWM, QQQQ, SPY, BGU, FAS, FAZ, TNA, OIH, XLE and GLD
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
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