#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 Jun 18 09:18:57 2010
Session Ident: #FuturesTrades
[09:18] * Now talking in #FuturesTrades
[09:18] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:20] <rickf>
[09:27] <pat255>
N
[09:27] <+pat255> S 113 ES paper
[09:29] <drt>
everyone
[09:29] <+pat255> geez push up looking for b/e
[09:30] <+rickf> be careful today - quad witching
[09:30] <+pat255> out
[09:31] <+pat255> dang
[09:33] <@wrbtrader>
[09:34] <@wrbtrader> Shorts TF @ 664.00 -> small size
[09:34] <@wrbtrader> 3 only
[09:34] <@wrbtrader> intuition (chasing)
[09:34] <@wrbtrader> had a distraction @ 664.90
[09:37] <@wrbtrader> Covered all TF Short @ 664.20 --> - 0.2
[09:40] <@wrbtrader> Long TF @ 664.10 -> medium size
[09:40] <@wrbtrader> 4 pm;u
[09:40] <@wrbtrader> 4 only
[09:42] <@wrbtrader> Exited all TF Long @ 663.40 --> - 0.7
[09:46] <+pat255> chop around 1111 level
[09:47] <+rickf> geez ES ugly
[09:47] <+pat255> y
[09:47] <@wrbtrader> Long TF @ 663.70 -> small size
[09:47] <@wrbtrader> 3 only
[09:47] <@wrbtrader> intuition
[09:49] <+pat255> need to be careful ..jut chop
[09:49] <@wrbtrader> so far...counter-thrusts are chopping and then failing
[09:49] <Inertia> overnight low 661.9 .....
[09:51] <@wrbtrader> support failure
[09:51] <@wrbtrader> Exited all TF Long @ 662.10 --> - 1.6
[09:52] <+Inertia> we did not have a decent down day since the 8th of June
[09:53] <+pat255> y
[09:53] <+Inertia> and we went up over 7%
[09:53] <+Inertia> so a correction would b a good thing in my opinion
[09:56] <@wrbtrader> TF inside another key price area
[09:57] <+Inertia> we still have an unfilled gap down to 644.9 from 4 days ago
[09:57] <+Inertia> TF only
[09:58] <+Inertia> I am looking @ 4PM as the close
[10:00] <+rickf> long CL 76.14 paper
[10:01] <+rickf> out 76.15 paper +1
[10:04] <+rickf> short es 1110.25
[10:05] <@wrbtrader> 2nd missed trade...so far costly.
[10:06] <+pat255> u mean on L side?
[10:06] <@wrbtrader> just missed a Long...yes
[10:16] <+pat255> market is dead
[10:18] <+Inertia> 666.5 hi of overnight
[10:19] <@wrbtrader> Long TF @ 665.80 -> medium size
[10:19] <@wrbtrader> 4 only
[10:19] <@wrbtrader> intuition
[10:20] <@wrbtrader> It held up nicely until I enter a Long
[10:22] <+pat255> looks like u are looking for break out ..of the range?
[10:22] <@wrbtrader> Yes but the range may be too deep
[10:28] <@wrbtrader> Exited all TF Long @ 666.70 --> + 0.9
[10:31] <@wrbtrader> Long TF @ 668.20 -> small size
[10:31] <@wrbtrader> 3 only
[10:31] <@wrbtrader> intuition
[10:32] <@wrbtrader> Exited all TF Long @ 668.50 --> + 0.3
[10:32] <+pat255> very gutsy entry
[10:33] <@wrbtrader> wasn't expecting much
[10:33] <+pat255> k
[10:34] <+rickf> exit es 1114.25 -4 on 1 ct (late)
[10:34] <@wrbtrader> It's still bullish
[10:35] <+rickf> short es 1115.50
[10:35] <+pat255> y .
[10:37] <Time4now> is "y" why? or "y" yes.
[10:37] <@wrbtrader> Long TF @ 668.20 -> small size
[10:37] <@wrbtrader> 3 only
[10:37] <@wrbtrader> intuition
[10:40] <@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[10:44] <+rickf> exit es 1114 + 1.50
[10:45] <+Time4now> had a weak short pattern , so i didn't get involved
[10:45] <@wrbtrader> Exited all TF Long @ 667.20 --> - 1
[10:50] <@wrbtrader> sucks that a re-entry signal occurred at a higher price than my prior entry
[10:52] <@wrbtrader> Long TF @ 668.50 -> medium size
[10:52] <@wrbtrader> 4 only
[10:54] <JimL> seems like the right idea: index emnis, cl/gc, & eur, gbp etc pushing up while usd & bonds pushing down & all are nearing the week's swings pts.
[10:56] <@wrbtrader> fizzled
[10:58] <@wrbtrader> Exited 1/2 TF Long @ 669.60 --> + 1.1
[11:01] <@wrbtrader> Exited Remainder TF Long @ 669.00 --> + 0.5
[11:02] <@wrbtrader> Shorts TF @ 668.30 -> small size
[11:02] <@wrbtrader> 2 only
[11:11] <@wrbtrader> Covered all TF Short @ 668.10 --> + 0.2
[11:12] <@wrbtrader> lost my patience and took the easy out on the retracement back down
[11:12] <@wrbtrader> going to take a rest...be back later
[11:12] * wrbtrader is now known as wrbtrader_away
[12:10] * wrbtrader_away is now known as wrbtrader
[12:10] <@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[12:14] <@wrbtrader> Long TF @ 665.60 -> small size
[12:14] <@wrbtrader> 2 only
[12:18] <@wrbtrader> geeesh
[12:19] <Sidhartha> need some vol...
[12:19] <+Sidhartha> chop tastic
[12:20] <@wrbtrader> Exited all TF Long @ 665.70 --> + 0.1
[12:20] <@wrbtrader> be back later...going to go to lunch
[12:21] <@wrbtrader> nevermind...volatility just showed up
[12:22] <@wrbtrader> Shorts TF @ 664.40 -> small size
[12:22] <@wrbtrader> 2 only
[12:23] <@wrbtrader> late to the show...price drop caught me off guard with my back to the computer
[12:24] <+Sidhartha> yup
[12:24] <+Sidhartha> support break
[12:24] <+Sidhartha> TF been moving very nicely today... very clean vlolatility moves
[12:26] <@wrbtrader> Covered all TF Short @ 662.90 --> + 1.5
[12:26] <@wrbtrader> Ok...now I'm going to go to lunch...be back later
[12:26] * wrbtrader is now known as wrbtrader_away
[13:37] <@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[14:40] * wrbtrader_away is now known as wrbtrader
[14:46] <@wrbtrader> Long TF @ 664.90 -> small size
[14:46] <@wrbtrader> 2 only
[14:46] <codehead> 1915.00 been a lid so far on NQ--.500 exact
[14:50] <@wrbtrader> Exited all TF Long @ 664.00 --> - 0.9
[14:52] <+codehead> Ym range dinky today
[14:53] <@wrbtrader> Shorts TF @ 663.50 -> small size
[14:53] <@wrbtrader> 2 only
[14:53] <@wrbtrader> intuition
[14:53] <+codehead> made mistake today, got on late after celebrating Lakers victory late, but just in time for very nice setup on NQ, the lod retest
[14:54] <+codehead> but saw that it had move 20 pt, didn't think i had to rush into a trade...
[14:54] <@wrbtrader> too close to that support area
[14:54] <+codehead> little did I know the market would go into a coma after that
[14:58] <+rickf> ok will not be around much of next week ... family emergency out of state, flying out tomorrow. ;(
[15:06] <+Time4now> I hope this falls harder than this
[15:06] <+Time4now> tf
[15:07] <@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[15:12] <@wrbtrader> Covered all TF Short @ 662.00 --> + 1.5
[15:16] <+Inertia> rickf sorry about the emergency. A Black Swan like that is never good
[15:18] <+rickf> oh this one i knew about ... it's just a major vol spike to the downside
[15:18] <+rickf> but thx
[15:47] <@wrbtrader> some contradiction in the price action
[15:47] <+Time4now> markets are diverging
[15:47] <@wrbtrader> very tough to understand this type of contradiction
[15:48] <+rickf> lite volume too .... 1.5 mil contracts
[15:50] <@wrbtrader> Long TF @ 664.60 -> small size
[15:50] <+Time4now> this market was rough on me today
[15:51] <@wrbtrader> higher lows into the close...will try to exploit that
[15:51] <@wrbtrader> 3 only
[15:54] <+codehead> mainly we moved up to max pain a few days ago, and have been in holding pattern
[15:54] <+codehead> 3 days of mkt going nowhere by eod
[15:55] <+codehead> wonder if we get a little wild at cash close
[15:56] <@wrbtrader> Exited all TF Long @ 664.60 --> 0
[15:56] <@wrbtrader>
[15:57] <@wrbtrader> too much contraction...it can pop any direction
[15:57] <+codehead> s&p 500 rebalance today?
[15:58] <+codehead> yeah
[15:59] <+codehead> oh, shares rebalance
[15:59] <@wrbtrader> Long TF @ 664.10 -> small size
[15:59] <@wrbtrader> 1 only
[16:00] <@wrbtrader> boring
[16:00] <+rickf> yeah
[16:01] <@wrbtrader> Exited TF Long @ 663.70 --> - 0.4
[16:01] <+rickf> ok guys have a good w/e ... see you later next week
[16:03] <@wrbtrader> Long TF @ 663.70 -> small size
[16:03] <@wrbtrader> 3 only
[16:03] <@wrbtrader> intution
[16:04] <@wrbtrader> bouncing off support
[16:12] <@wrbtrader> Exited all TF Long @ 663.10 --> - 0.6
[16:15] <@wrbtrader> Take care all and see all on Monday
[16:17] * wrbtrader is now known as wrbtrader_away
[16:34] <@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/forumSession Close: Fri Jun 18 22:45:11 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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