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#FuturesTrades is designed to be a
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http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5 Attachment:
052611-Key-Price-Action-Markets.png [ 516.22 KiB | Viewed 192 times ]
click on the above image to view today's price action of key markets Session Start: Thu May 26 07:28:17 2011
Session Ident: #FuturesTrades
[07:28:17] * Now talking in #FuturesTrades
[07:28:17] <@X> [NihabaAshi] chat room archives @
viewforum.php?f=20[08:24:03] <@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
[09:07:22] <eminigil> good morning
[09:16:45] <+eminigil> bounced off pivot at 815.7
[09:27:45] <drt>
all
[09:28:32] <+eminigil>
drt
[09:28:39] <Sambeano>
all
[09:29:38] <+Sambeano> Mr Hoff!
[09:30:49] <Hoff> Hey Sam
[09:30:53] <Trendtrader> Long TF @ 817.3 «« simulator »»
[09:34:39] <+Trendtrader> Exited 1/2 TF Long @ 818.3 --> + 1 «« simulator »»
[09:34:39] <+eminigil> nice play trend
[09:34:46] <@wrbtrader> Long Emini TF @ 818.00 -> large size
[09:34:58] <@wrbtrader> 6 contracts
[09:35:55] <@wrbtrader> trailing @ profit
[09:36:18] <Tigerman>
all
[09:38:40] <Trendtrader> Exited Remainder TF Long @ 819.3 --> + 10.2 «« simulator »»
[09:38:53] <+Trendtrader> that's not right
[09:38:58] <+Trendtrader> should be
[09:39:13] <+Trendtrader> +2.0
[09:39:32] <+Tigerman> Shorts TF @ 819.3 «« simulator »»
[09:40:13] <@wrbtrader> Exited all Emini TF Long @ 819.00 --> + 1
[09:40:40] <@wrbtrader> Shorts Emini TF @ 818.80 -> medium size
[09:40:45] <+Tigerman> Covered 1/2 TF Short @ 818.1 --> + 1.2 «« simulator »»
[09:41:01] <@wrbtrader> not medium
[09:41:06] <@wrbtrader> 3 contracts
[09:43:01] <@wrbtrader> trailing @ profit
[09:43:46] <+Tigerman> Covered Remainder TF Short @ 818.4 --> + 0.9 «« simulator »»
[09:45:22] <@wrbtrader> Covered all Emini TF Short @ 818.70 --> + 0.1
[09:46:05] <@wrbtrader> Shorts Emini TF @ 818.40 -> medium size
[09:46:13] <@wrbtrader> 4 contracts
[09:46:33] <@wrbtrader> intuition after the "picked pocket" of my trail in the prior trade
[09:46:34] <+Tigerman> fight here
[09:46:58] <+Trendtrader> Long TF @ 818.7 «« simulator »»
[09:49:43] <+Trendtrader> Exited 1/2 TF Long @ 819.7 --> + 1 «« simulator »»
[09:49:57] <@wrbtrader> Covered all Emini TF Short @ 819.30 --> - 0.9
[09:50:08] <+Trendtrader> Exited Remainder TF Long @ 818.8 --> + 0.1 «« simulator »»
[09:52:37] <+Trendtrader> me too. pick pocketed to the tick
[09:52:57] <+Tigerman> Shorts TF @ 819.4 «« simulator »»
[09:53:18] <+Tigerman> nasdaq weak lead this sell
[09:54:04] <@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
[09:54:14] <+Tigerman> Covered 1/2 TF Short @ 818.1 --> + 1.3 «« simulator »»
[09:54:16] <@wrbtrader> Shorts Emini TF @ 818.40 -> medium size
[09:54:25] <@wrbtrader> same trade as prior
[09:54:38] <+Tigerman> sorry I wanna say dj before not nasdaq
[09:56:23] <@wrbtrader> trailing @ profit
[09:56:31] <+Tigerman> Covered Remainder TF Short @ 817 --> + 2.4 «« simulator »»
[09:58:08] <+Tigerman> let see if price stop falling
[09:58:11] <+Trendtrader> n, tiger
[09:59:11] <+eminigil> pivot at 815.7 trying to hold
[10:01:45] <+Tigerman> Long TF @ 816.2 «« simulator »»
[10:02:00] <+Tigerman> big fith at this support
[10:02:12] <+Tigerman> faked many times
[10:02:34] <+Tigerman> wanna entered before but price action doesn t feel good
[10:02:54] <@wrbtrader> Covered all Emini TF Short @ 816.40 --> + 2
[10:02:56] <+Tigerman> Exited 1/2 TF Long @ 816.6 --> + 0.4 «« simulator »»
[10:04:04] <+Tigerman> TF have to move now
[10:04:11] <+Tigerman> up of course
[10:04:27] <+Tigerman> if not I exit
[10:05:06] <+Tigerman> Exited Remainder TF Long @ 817.1 --> + 0.9 «« simulator »»
[10:06:05] <@wrbtrader> Long Emini TF @ 817.40 -> medium size
[10:06:10] <@wrbtrader> 4 contracts
[10:08:49] <+Tigerman> Shorts TF @ 817.4 «« simulator »»
[10:08:55] <+Tigerman> intuition
[10:09:28] <+Tigerman> Covered 1/2 TF Short @ 817.4 --> 0 «« simulator »»
[10:09:48] <@wrbtrader> Exited all Emini TF Long @ 817.50 --> + 0.1
[10:10:00] <+Tigerman> Covered Remainder TF Short @ 817.6 --> - 0.2 «« simulator »»
[10:10:47] <+Tigerman> Shorts TF @ 818 «« simulator »»
[10:10:53] <@wrbtrader> Long Emini TF @ 817.70 -> medium size
[10:10:53] <+Tigerman> same as before
[10:11:22] <+Tigerman> Covered 1/2 TF Short @ 817.2 --> + 0.8 «« simulator »»
[10:12:14] <+Tigerman> Covered Remainder TF Short @ 816.4 --> + 1.6 «« simulator »»
[10:12:52] <@wrbtrader> Exited all Emini TF Long @ 817.00 --> - 0.7
[10:13:33] <elf2> rut/iwm testing out the channel btm today
[10:14:21] <+Tigerman> some congesting price
[10:14:30] <+Tigerman> hard to trade here
[10:14:50] <@wrbtrader> Shorts Emini TF @ 816.70 -> large size
[10:14:55] <@wrbtrader> 6 contracts
[10:16:08] <+elf2> dipping toe into 5/27 spy 132C @ .53
[10:16:21] <@wrbtrader> Covered all Emini TF Short @ 817.70 --> - 1
[10:16:45] <+elf2> maybe i can scalp a few cents
[10:21:04] <@wrbtrader> Shorts Emini TF @ 817.70 -> large size
[10:23:04] <@wrbtrader> Covered all Emini TF Short @ 818.20 --> - 0.5
[10:23:45] <@wrbtrader> Long Emini TF @ 818.60 -> large size
[10:26:20] <@wrbtrader> I'm still not convinced this will become "range bound" but if it fails to get above 820.50
[10:26:46] <@wrbtrader> I will start to dramatically lower my position size
[10:27:34] <@wrbtrader>
[10:27:47] <@wrbtrader> Exited all Emini TF Long @ 819.00 --> + 0.4
[10:28:07] <+Tigerman> Shorts TF @ 819.3 «« simulator »»
[10:28:27] <+elf2> spy lagging the iwm so far
[10:29:09] <@wrbtrader> Long Emini TF @ 819.40 -> small size
[10:29:16] <@wrbtrader> 3 contracts
[10:29:26] <+Tigerman> Covered 1/2 TF Short @ 819.4 --> - 0.1 «« simulator »»
[10:30:21] <@wrbtrader> more than 1/2 my trades have been "pick pocketed" today
[10:30:35] <@wrbtrader> usually it's only about 1 out of every 10 trades
[10:30:50] <+Tigerman> Covered Remainder TF Short @ 818.9 --> + 0.4 «« simulator »»
[10:31:11] <+Tigerman> exit too early
[10:31:26] <+Tigerman> but I was scared retraced back up
[10:31:46] <@wrbtrader> Exited all Emini TF Long @ 818.80 --> - 0.6
[10:37:12] <@wrbtrader> Long Emini TF @ 819.40 -> small size
[10:37:30] <@wrbtrader> 3 contracts
[10:38:49] <@wrbtrader> Emini TF broke above a prior key change in supply/demand but other key markets are lagging big time
[10:38:51] <+Tigerman> I have to exit see all next time
[10:41:33] <@wrbtrader> Exited all Emini TF Long @ 820.00 --> + 0.6
[10:41:36] <@wrbtrader> geeesg
[10:42:18] <@wrbtrader> getting nowhere so far today...good day for the brokers
[10:46:04] <+Sambeano> broker day
[10:46:15] <+elf2> spx/spy ain't got no "giddy up" so far, ndx,rut,iwm trying to lead
[10:46:26] <@wrbtrader> Shorts Emini TF @ 820.00 -> small size
[10:46:31] <@wrbtrader> 3 contracts
[10:47:58] <+Sambeano> gud news trading 1 c on TF this morn, only dwn 2pts so far.....sheeshhhhh
[11:05:16] <@wrbtrader> Covered all Emini TF Short @ 817.20 --> + 2.8
[11:05:33] <Warbucks> vn
[11:05:35] <+eminigil> nice run
[11:06:31] <@wrbtrader> early exit
[11:07:07] <Sidhartha> why the early exit wrbtrader?
[11:07:16] <@wrbtrader> needed the profit
[11:07:52] <@wrbtrader> will now look for a re-entry back into the Short now that I've banked the profit
[11:08:27] <+eminigil> around 819?
[11:09:45] <@wrbtrader> 820.50 - 817.50
[11:20:13] <+eminigil> how do you highlight your entry text?
[11:21:02] <@wrbtrader> use the script from the same area at the FTCHAT forum where you got your password and log-in instructions
[11:21:04] <@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
[11:21:42] <+eminigil> ok tks
[11:21:44] <@wrbtrader> @
viewforum.php?f=6[11:22:04] <@wrbtrader> It's the message post called "Trade Posting Script Installation"
[11:35:28] <+elf2> rut/iwm near yest's hod; spy/spx lagging
[11:39:27] <@wrbtrader> Shorts Emini TF @ 820.50 -> small size
[11:39:31] <@wrbtrader> 3 contracts
[11:42:26] <@wrbtrader> Covered all Emini TF Short @ 820.80 --> - 0.3
[12:35:20] <+Sambeano> Warbuck U email
[12:41:10] <@wrbtrader> shallow retracements for the past hour or so...
[12:41:22] <@wrbtrader> creeper uptrend on very low volatility
[12:41:45] <@wrbtrader> Only reason why I'm not trying to short this anymore...
[12:42:13] <@wrbtrader> As soon as that "low volatility on a creeper price up movement after higher lows"...
[12:42:21] <@wrbtrader> Shorting is crazy
[12:42:54] <@wrbtrader> Unfortunately, the retracements have been so shallow...not getting any Long signals
[12:51:05] <@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
[12:59:43] <+elf2> iwm closed mon's gap
[13:00:06] <@wrbtrader> Ok...which of you brave souls is going to take the plunge
[13:00:58] <@wrbtrader> Long Emini TF @ 827.20 -> small size
[13:01:13] <@wrbtrader> 3 contracts
[13:01:24] <@wrbtrader> intuition because I actually have a short signal
[13:04:59] <@wrbtrader> Exited 2/3 Emini TF Long @ 827.80 --> + 0.6
[13:06:25] <+elf2> iwm daily flag
http://stockcharts.com/h-sc/ui?s=IWM&p= ... =234370912[13:07:01] <@wrbtrader> trailing @ profit
[13:11:39] <@wrbtrader> Exited Remainder Emini TF Long @ 827.40 --> + 0.2
[13:12:49] <+elf2> ndx gonna have more difficulty filling its monday gap
http://stockcharts.com/h-sc/ui?s=$NDX&p ... =234812715[13:15:39] <@wrbtrader> theives
[13:15:50] <@wrbtrader> stole my trail
[13:33:00] * Robert is now known as DynamicFx
[14:21:05] <@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
[15:21:13] <esmall> Missed today - nice reversal also see a 4 hour ERS TF NQ all in a big channel
[15:21:32] <+esmall> ES YM all the same
[15:23:17] <+esmall> TF is out the top but ES is 10 points below at 1325
[15:24:50] <Time4now> long med 829.4
[15:25:15] <+esmall> TF ahead of all markets the mighty TF
[15:25:53] <+esmall> 30.60 big top TF
[15:26:05] <+esmall> carefull
[15:26:59] <+esmall> If I can figure out how top p[ost a chart I will
[15:27:38] <+esmall> Time4now - did you get any of the reversal from 817-18
[15:30:39] <+Time4now> exit half 830
[15:32:27] <+Time4now> er 829.6
[15:33:02] <+Time4now> no
[15:33:27] <+esmall> you coul almost have targeted .60 hit .40 :-)
[15:34:20] <+esmall> 4th reject since 1:30 quad top lol
[15:36:06] <@wrbtrader> Sometimes when I see range on good volatility the first hour or two...
[15:36:26] <@wrbtrader> Then see a relenthless directional price movement "afterwards"...
[15:37:05] <@wrbtrader> I think it's algos just slowly accumulating positions
[15:37:36] <@wrbtrader> In contrast, us retail folks are exhausted after the first hour or two of trading
[15:38:01] <@wrbtrader> Those that are not...yeah...we can grab a few ticks here and there
[15:39:56] <+esmall> algos
[15:40:15] <+esmall> I call it a short squueze - hpuse of pain
[15:40:16] <+Time4now> computers
[15:40:19] <+esmall> house
[15:40:26] <+esmall> ah
[15:40:29] <+Time4now> algorithms
[15:40:54] <+esmall> well its stgill a short squueze on the doom and gloomers
[15:42:05] * Time4now is now known as t4n_away
[15:42:54] <+esmall> 5th time 30.4
[15:43:04] <+esmall> 30.3 this time
[15:45:46] <+esmall> eod selloff for a 3rd day
[15:47:15] <+esmall> short 30.00
[15:47:24] <+esmall> es off
[15:47:44] <+esmall> stop 9.8
[15:48:40] <+esmall> they dot want an overnight long anymore
[15:48:44] <@wrbtrader> 3;50pm est is the start of the rush hour traffic heading into the 4pm est regular session close
[15:48:45] <+esmall> dont
[15:49:40] <+esmall> 29.40 stop
[15:50:21] <@wrbtrader> Long Emini TF @ 829.30 -> small size
[15:50:35] <+esmall> out
[15:50:37] <@wrbtrader> 2 contracts
[15:50:48] <@wrbtrader> intuition
[15:51:05] <@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
[15:51:14] <+esmall> carfull 40.40
[15:51:18] <+esmall> 30.40
[15:58:38] <@wrbtrader> trailing @ profit
[16:00:36] <@wrbtrader> Exited all Emini TF Long @ 830.50 --> + 1.2
[16:04:46] <+esmall> nice
[16:30:56] <@wrbtrader> It was another battle again today...
[16:31:15] <@wrbtrader> Trading hasn't been tough this entire week.
[16:31:52] <@wrbtrader> It's rare since the start of 2011 to see it like this even though there are directional price movements occurring
[16:55:09] <eminigil> long testing
[16:58:45] <+eminigil> trying to make highlighter script work
-------------------------
#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, different perspective of the markets and different experience levels. 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 because sometimes the answers contains useful trading tips.
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
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Forex Currencies GbpUsd, EurUsd, EurYen and UsdCad
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
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WRB Analysis (wide range body/wide range bar analysis)
Price Action Trading (no technical indicators)
@
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