#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.
#FuturesTrades is designed to be a
trade journal for documentation purposes only so that members can have a real 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.
In addition, we welcome all traders with their own methods or different perspective of the markets to help keep the chat room diversified...posting trades or market commentaries. Also, if you're looking for real-time education in the chat room involving
price action only trading (profitably trading without indicators)...you need to contact us to
schedule price action only trading real-time discussions. We'll then have
one on one (private) real-time price action only trading discussions with you while you're using #FuturesTrades real-time chat room to prevent distractions in the chat room with other members that are using different trading methods in comparison to us. However, you must first download and learn our
free study guide at a different forum @
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http://www.thestrategylab.com/tsl/forum/viewforum.php?f=5 With that said, thanks for reading the trades or market commentaries that's below and we highly recommend you make reading of the logs a part of your trading routine because you will sometimes find useful
trade information not discussed anywhere else online nor in any books if you're not interested in
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http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5 ------------------------
Session Start: Mon Oct 18 08:34:50 2010
Session Ident: #FuturesTrades
[08:34:50] * Now talking in #FuturesTrades
[08:34:50] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[08:35:04] <pat255>
N
[08:38:28] <@wrbtrader> Good morning pat255
[08:54:28] <Time4now> plenty of morning news events today
[09:07:31] <Inertia> anyone has an oppinion on the effects of throttling on trading?
[09:10:04] <Sidhartha> you mean internet throttling...
[09:10:13] <+Inertia> y
[09:10:40] <+Sidhartha> just slower access when throttled... I assume your order would take longer to hit the exchange
[09:11:29] <+Inertia> i ran a test last night and the results were that data on the upload side are held for over 1 sec b4 they r transmitted
[09:11:38] <+Inertia> that is scary
[09:16:42] <+Sidhartha> good reason to use limit orders
[09:16:53] <@wrbtrader> 1 sec is a long time especially in a FAST moving price action
[09:16:53] <+pat255> yes S always
[09:17:23] <+Sidhartha> I have been toasted a few times on market orders in a fast market...
[09:17:30] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY) and Forex Currencies
[09:19:11] <+Inertia> i'll have 2 find out whether a business DSL is throttled as well or just the regular home DSL....
[09:32:18] <@wrbtrader> Shorts TF @ 702.70 -> small size
[09:32:23] <@wrbtrader> 3 only
[09:32:37] <@wrbtrader> disconnect amongst key markets
[09:33:10] <@wrbtrader> as in they're each doing their own thing
[09:33:55] <+pat255> Looking L sdie on NQ
[09:35:25] <@wrbtrader> Covered 1/3 TF Short @ 701.50 --> + 1.2
[09:36:21] <@wrbtrader> Covered 1/3 TF Short @ 701.20 --> + 1.5
[09:36:39] <@wrbtrader> choppy
[09:36:43] <+pat255> nice start
[09:37:31] <@wrbtrader> Covered Remainder TF Short @ 702.30 --> + 0.4
[09:37:53] <+pat255> L nq 92 paper
[09:39:49] <+pat255> out
[09:40:45] <@wrbtrader> Long TF @ 703.10 -> small size
[09:40:48] <@wrbtrader> 1 only
[09:40:50] <@wrbtrader> intuition
[09:42:55] <@wrbtrader> Exited TF Long @ 704.20 --> + 1.1
[09:43:12] <+pat255> took L at the wrong time
[09:51:29] <+pat255> housing report coming up @ 10 fwiw
[10:15:25] <+pat255> oh man after that L geez all up ...
[10:30:53] <+pat255> hmm everyone quite ..
[10:31:38] <+pat255> had the direction right but was early
[10:44:31] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY) and Forex Currencies
[10:49:32] <werner>
all
[10:50:37] <+werner> Shorts NQ @ 2096.50
[10:50:46] <+werner> late call sorry
[10:52:50] <+Time4now> without buying at market, I haven't been able to get a hold of anything
[10:54:08] <+werner> Covered all NQ Short @ 2097.75 --> - 1.25
[10:56:43] <+Inertia> t4n - r u trying limit or stop orders?
[10:57:07] <+Time4now> limit,
[10:57:27] <+Time4now> I'm also having serious problems with gst this morning
[10:57:38] <+Inertia> just a sugestion - try STOP orders
[10:57:41] <+Time4now> it's usually fine
[10:58:09] <+Time4now> never have
[11:02:39] <+werner> Shorts NQ @ 2096..00
[11:07:18] <+pat255> vn werner ..
[11:08:17] <+werner> Covered 1/2 NQ Short @ 2093.00 --> + 2096..00 - 2093.00
[11:08:34] <+werner> sorry
[11:08:47] <+werner> Covered all NQ Short @ 2093.00 --> + 2096..00 - 2093.00
[11:09:22] <+werner> mmm exit all 2093.00 +3
[11:09:52] <+werner> tx pat255
[12:00:54] <+werner> Long NQ @ 2092.50
[12:01:46] <codehead> the low was .618 exact
[12:03:04] <+codehead> and 2094.00 is .382 bounce
[12:04:03] <+werner> mm no fill 2094.00
[12:09:41] <+werner> Exited all NQ Long @ 2094.00 --> + 1.5
[12:11:21] <+codehead> nice
[12:12:07] <+werner>
[12:14:31] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY) and Forex Currencies
[12:33:22] <+werner> Shorts NQ @ 2091
[12:33:39] <+werner> Shorts NQ @ 2091.25
[12:39:03] <+werner> Covered all NQ Short @ 2092.00 --> - 0.75
[12:40:19] <+werner> Long NQ @ 2092.75
[12:54:50] <+werner> Exited NQ Long @ 2091.00 --> - 1.75
[12:54:50] <+werner> Reverse and Enter Short NQ @ 2091.00
[13:06:52] <+werner> Covered all NQ Short @ 2091.00 --> 0
[13:07:01] <+werner> djeez
[13:09:06] <+werner> Long NQ @ 2091.00
[13:12:14] <+werner> what a mess
[13:12:58] <+codehead> i had long order 2089.75, i was in a long time so i think it would have filled, pulled it
[13:13:07] <+codehead> sheen, was a very small stop
[13:13:18] <+codehead> buyers still at the .382
[13:16:49] <+werner> stops are in ...jitters here...
[13:17:39] <+werner> target 95.75
[13:31:14] <@wrbtrader> tight range here for awhile
[13:32:55] <+codehead> er, meant "buyers still at .618"
[13:33:20] <+codehead> not .382
[13:34:52] <@wrbtrader> In case someone didn't see my latest chart...it's posted @
http://chart.ly/7sheq5o for the Light Crude Oil CL futures
[13:41:07] <+codehead> thx wrb
[13:44:32] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY) and Forex Currencies
[13:47:44] <+codehead> oil slippage
[13:48:08] <+codehead> dollar going to bounce a little?
[13:49:23] <@wrbtrader> It's a little quiet on the Forex majors today...not a lot of volatility although a few moving nicely
[13:50:52] <@wrbtrader> Forex EurUsd made it's move aroung 4am est this morning but hasn't done much since 12noon today
[13:54:12] <@wrbtrader> regardless...a lot of folks still watching Oil and Gold because you can see how they took off around 4am est to the upside after that big volatility breakout (downwards) got quickly retraced back upwards
[13:59:53] <@wrbtrader> France Weathers Petrol Shortage @
http://www.marketwatch.com/video/asset/ ... 214EE55F16[14:02:54] <@wrbtrader> Geeesh...CME now has E-micro forex futures contracts
[14:03:38] <@wrbtrader> I think in the past 5 years they've have made lots of new products...probably trying to pay for the buyouts of other exchanges
[14:10:09] <+codehead> lol
[14:17:28] <+werner> Exited all NQ Long @ 2094.00 --> + 3
[14:17:38] <+werner> pfffff
[14:17:58] <+werner> cant hold it any longer
[14:18:04] <+codehead> nice
[14:18:11] <+codehead> my longer frame turned up now
[14:18:24] <+werner> mmm
[14:20:19] <+werner> yes i see codehead...but i never sit that long in a trade
[14:20:48] <+codehead> yeah, you had good patience, i wouldn't have made it
[14:22:39] <+werner> i went 3 times away from my screens...pfff
[14:23:26] <+werner> sometimes its better to take a walk ,when the market is that slow
[14:27:49] <@wrbtrader> Emini TF trying hard to break to the upside out of that wedge pattern on the 15min chart
[14:39:38] <+werner> res nq 96/97 is working
[15:05:03] <@wrbtrader> volatility increasing
[15:09:25] <@wrbtrader> Long TF @ 707.60 -> small size
[15:09:32] <@wrbtrader> 2 only
[15:10:06] <@wrbtrader> intuition
[15:12:28] <+codehead> 2102 is symmetry
[15:12:45] <+codehead> aapl and ibm after the bell
[15:14:13] <@wrbtrader> Exited all TF Long @ 707.80 --> + 0.2
[15:14:25] <@wrbtrader> volatility died
[15:14:32] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY) and Forex Currencies
[15:21:07] <@wrbtrader> Shorts TF @ 707.00 -> small size
[15:22:31] <@wrbtrader> tighten stop/loss
[15:27:43] <@wrbtrader> Covered all TF Short @ 707.40 --> - 0.4
[15:36:07] <@wrbtrader> Long TF @ 707.90 -> small size
[15:36:25] <@wrbtrader> 2 only
[15:36:56] <@wrbtrader> 2nd try at this area between 707.60 - 708.00
[15:37:17] <@wrbtrader> same as prior Long
[15:39:34] <JimL1> just like previous setup & if USD can break to new low may get the needed push
[15:50:41] <@wrbtrader> Exited all TF Long @ 708.30 --> + 0.4
[15:52:16] <@wrbtrader> getting nowhere in this late afternoon price action
[15:52:49] <+werner>
[15:56:14] <+werner> gn all
[16:04:29] <+Inertia> ceterum censeo carthaginem esse delendam
[16:05:00] <+Inertia> i am not insane. look it up
[16:05:03] <+Inertia>
)
[16:10:20] * PirateTrader Short YM off IBM results
[16:12:53] * +PirateTrader cover YM+20; afraid to hold thru AAPL
[16:44:33] <@X> #FuturesTrades Info -> Chat room for traders of Emini Futures (EMD, TF, ES, NQ, YM), EuroFX Futures (6E, EC), Eurex/Euronext Futures (DAX, ESTX50, FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM), Exchange Traded Funds (DIA, GLD, IWM, OIH, XLE, QQQQ, SPY) and Forex Currencies
[16:44:48] <@wrbtrader> Take care all and see all tomorrow
[16:44:54] * wrbtrader is now known as wrbtrader_away
Session Close: Mon Oct 18 16:45:19 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 trade signal 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 trade signal 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 advertisements for guest visitors.
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, Brent Crude Oil BRN, e-miNY QM and Natural Gas NG
COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI
S&P CNX NIFTY Futures
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
price action only 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)
Price Action Only Trading (no indicators)
@
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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