#FuturesTrades January 3rd Wednesday 2007 Trade Log
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In addition, trades posted by members of #FuturesTrades in the below trade post chat log are by traders that do not have access to TheStrategyLab.com strategies except for NihabaAshi.
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Further, you'll find below the chat room time stamped text log of realtime trades (real money and simulator) that were posted by full-time, part-time traders from around the world and the timestamp is eastern standard time (est).
Also, below NihabaAshi's trading blog like comments, you can read the time stamped trades (prices, entries, exits et cetera) and market discussions that sometimes contains trading tips or insights that are more useful than what you will see at any other futures blog or chat room.
Trading Blog Below is not your traditional trader's blog in the usual blog format. However, you will find informative commentary on a few occasions as time permits and such will contain trading tips that should help your trading as I attempt to sum up my thoughts for the trading day.
ER2 EuroFX EC +8.60 +0.0000 $860.00 $0.00
Today the volatility just died after 1030am est along with the volume drop.
I had a little hesitation in my first trade that caused a chaser by 0.4 ticks resulting in a poor entry after the pattern signal.
Other than that, nothing worth today discussing besides just to let all readers know our new discussion forum is now ready to join even though it still needs a little more updating via transferring over key messages from the old ezboard.
Today's results (real money and simulator trading) shown above are that of NihabaAshi only. To see his total accumulated points for the month of January...click here. To see results for the months of 2007 and prior years...click here.
Commentary by M.A. Perry (a.k.a. NihabaAshi)
Note: Each month there are a few trading days that we consider to involve interconnecting key price action of different markets and such is represented by a particular type of price action from one of the key markets. You can view the charts and their clues that's associated with the key price action at our key market archives.
Session Start: Wed Jan 03 08:55:01 2007Session Ident: #futurestrades * Now #FuturesTrades purpose and benefits...click here. 08:55 <X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm <PapaJon> gm all 09:29 <eminitrader> morn all ..happy new yaer 09:31 <Chilly> gm folks <X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY) 09:32 <NihabaAshi> Long ER2 @ 800.00 -> large size 09:33 Exited ER2 Long @ 799.70 --> - 0.3 09:35 Reverse and Enter Short ER2 @ 799.70 Covered ER2 Short @ 800.10 --> - 0.4 09:38 Reverse and Enter Long ER2 @ 800.10 I'm getting chopped here a little. Exited 2/3 ER2 Long @ 800.80 --> + 0.7 09:39 Long ER2 @ 801.00 -> Add 09:40 Exited ER2 Long @ 801.20 --> + 1.3 09:43 Holding 3 contracts from 800.00 <RussellDaytrade> Shorts ER2 @ 801 «« paper »» <NihabaAshi> Also, that's a +0.20 on that ADD and not a +1.3 09:44 <AmazingJason> Shorts ER2 @ 800.50 09:45 <GoodMood> Shorts ES @ 1794.25 09:46 NQ 09:47 Covered NQ Short @ 1324.75 --> + 469.5 <NihabaAshi> Exited Remainder ER2 Long @ 800.40 --> + 0.3 Trading Edge: If your an independent trader looking for an edge to help you traverse around obstacles to profitable trading...a method that's well defined, gives you a better understanding of the markets, applicable for day trading, position trading and swing trading with a money back guaranteed policy...click here. Trading Strategies -> These strategies will reveal and explain specific strategies from entry to exit that exploit inefficiencies in the price action of your trading instrument for profits in the following trading instruments: Emini Index Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Index Derivatives (DAX, ESTX50), Euronext Index Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Energy Futures (CL, NG, HO, QM), Forex Currencies (EurUsd, EurYen, UsdCdn), Exchange Traded Funds (DIA, GLD, OIH, IWM, QQQQ, SPY, XLE) and Hang Seng Index Futures (HSI) <GoodMood> oh sorry <eminitrader> Shorts ES @ 1435 <NihabaAshi> I tried hard to stay in that Long after the initial poor entry...the ADD I did later gave me a little cushion but it wasn't good enough :( 09:48 <GoodMood> Covered all NQ Short @ 1792.25 --> + 2 <RussellDaytrade> Covered all ER2 Short @ 799.6 --> + 1.4 «« paper »» 09:49 <AmazingJason> Covered 1/2 ER2 Short @ 798.80 --> + 1.7 <pat255> gm all.. 09:52 @office ....:( <eminitrader> Covered 1/2 ES Short @ 1433.50 --> + 1.5 09:54 <AmazingJason> Covered Remainder ER2 Short @ 797.90 --> + 2.6 09:55 <pat255> vn guys... meetings all am..lol <Brutus> 1000/1500 Dec ISM Mfg 50.0 49.5 09:56 1000/1500 Nov Construction Spending -0.4% -1.0% <eminitrader> is it out B ? 09:57 <NihabaAshi> Shorts ER2 @ 798.30 -> small size <Brutus> no 10:00 <eminitrader> k so thats the expected range <Brutus> expected and previous 09:58 <eminitrader> Covered Remainder ES Short @ 1432 --> + 3 09:59 <AmazingJason> whip city 10:00 <eminitrader> k thx B <NihabaAshi> Weird price action so far over the last 2 mins. 10:01 Covered ER2 Short @ 799.30 --> - 1 Reverse and Enter Long ER2 @ 799.30 <RussellDaytrade> Shorts ER2 @ 799.4 «« paper »» 10:02 Covered all ER2 Short @ 799.3 --> + 0.1 «« paper »» 10:03 <NihabaAshi> Exited all ER2 Long @ 799.40 --> + 0.1 Long ER2 @ 799.10 -> medium size 10:04 Long ER2 @ 799.50 -> Add 10:05 <AmazingJason> not going long here, but possible continuation upwards think we'll test last highs 10:06 <NihabaAshi> I'm still bullish for the opening but the chop isn't allowing any decent entries and its reducing my chance to endure the wiggles. 10:08 I'm getting some strange quotes in FutureSource and my Qcharts not keeping up :( 10:11 <pat255> k guys another meeting ..later ty all 10:12 <AmazingJason> ER2 trying 10:13 <yvberj> Happy New Year everyone. Haven't been around for awhile, but should be gettin back in again. <RussellDaytrade> Shorts ER2 @ 800.5 «« paper »» 10:14 patience may be the key on this one, could launch <NihabaAshi> Exited 2/3 ER2 Long @ 801.50 --> + 2 10:15 That's +2.40 on 4 contracts and not +2 Holding 2 contracts remainders 10:16 Exited ER2 Long @ 802.80 --> + 3.7 10:17 Holding 1 contract remainder That's a +3.3 and not +3.7 10:18 Sponsor: As traders we must treat our trading like a business if we are to succeed as traders and as a business. Therefore, waiting till the last few weeks March to prepare for April's taxes is not good for your trading and could put extra stress on your trading during tax month or the months that follow if your one of those traders that filed an extension.. Therefore, its best to be on top of your taxes throughout the year and Traders Accounting is a great resource for such especially if you want to prevent penalties or an audit several years from now. <yvberj> President speaking. Let's see whathe doesto the mkt. 10:20 <NihabaAshi> Bush on TV??? 10:23 :( If volatility in EuroFX and the US Dollar can decline a little more... 10:28 I may be able to catch an ER2 exit around 804.20 There's a resistance zone up there...good place to dump it...will need some help from other markets. 10:29 Exited Remainder ER2 Long @ 801.50 --> + 2.4 10:42 Trailing stop picked off :( <X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY) 10:44 <werner> niha-all, the best for 2007 * Retrieving #futurestrades modes... 10:48 <NihabaAshi> Thanks werner and you too. 10:50 <RussellDaytrade> Covered all ER2 Short @ 800.7 --> - 0.2 «« paper »» <eminitrader> like u said .RD --patience :) 10:51 <Brutus> How much is NQ $/tick ? 10:52 <RussellDaytrade> entry just a little off, (understatement)... nq tick is $5.00 10:53 <GoodMood> thats $20 per point <RussellDaytrade> thx EM <Brutus> Run on NQ was a nice short setup 10:54 <yvberj> Sht. ER 802.00 covered 800.9 * NihabaAshi is now known as NihabaAshi_away 10:56 <RussellDaytrade> a great 2007 to everyone 10:57 * codehead_afk is now known as codehead 11:16 <werner> thnx russel, same too you 11:36 <RussellDaytrade> crystal ball reading anyone? next day or so? 11:51 <X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY) 11:56 <Brutus> Hard to tell RD With FOMC. WIll have to see the reaction to it We may test lows/close gap before more upside. But bullish overall for next couple days. All the best for 2007 :) 11:58 <RussellDaytrade> payrolls friday pre-open, not tomorrow, correction 13:03 <X> 13:08 <venedom> c u all tomorrow or next week thanks and happy and profitable 2007 13:44 <Chilly> 3 minutes to FOMC minutes 13:56 <pdays> out 14:00 <RussellDaytrade> well. i'll be! 14:03 Long ER2 @ 794.1 «« paper »» 14:04 Long ER2 @ 794.1 «« paper »» oops, double order Exited 1/2 ER2 Long @ 794.1 --> 0 «« paper »» <pat255> hi all...wow mkt gave up 14:05 gl... S 790.4 14:13 out 790.. 14:15 <X> 14:20 <werner> gn all 14:42 <yvberj> Sht. ER 790.00 covered 786.00 14:47 <yvberj> Hope you all had a good day. Hopefully we can have another one tomorrow. 15:48 Sponsor: <RussellDaytrade> Exited all ER2 Long @ 793 --> - 1.1 «« paper »» 15:51 a little early on that buy. <Awash> . 17:24 * DisconnectedSession Close: Wed Jan 03 18:46:51 2007 18:46
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