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#FuturesTrades June 19th Thursday 2008 Trade Log

Russell 2000 Emini ER2 Futures

Today	Month	Year
+15.40	+177.60	+1886.60
$1,540	$17,760	$188,660

Emini ES

1412pm - 1414pm est

click on image to view actual size

Current Performance Record

Volatility Spike of the Day

Profit/Loss Statement

Today's Observation: I'm still testing (simulator) the Photon Trader trade execution platform June 18th Weds - June 30th Mon to determine if the software and broker (Futurepath Trading) will become one of my backup brokers to replace a backup broker I'm no longer satisfy with.

Upon completion of my testing I will state in the chat room only the good and bad about my experience with the trade execution platform, customer support and technical support. In addition, the simulator profits shown above for today will not be computed into the monthly and yearly real money results.

With that said, today's trade posting chat log is below and it contains all my trades that were posted in real-time along with the trades of other members of #FuturesTrades.

Further, if you want the instructions for gaining access to our free #FuturesTrades chat room...click here.

#FuturesTrades purpose, benefits and access info for day traders, swing traders and position traders...click here.

Time Zone Info Chat Log below is eastern standard time (est) - New York City, U.S.A and/or Montréal, Canada time zone.

WRB Analysis

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Session Start: Thurs Jun 19 08:28:13 2008 Session Ident: #futurestrades

* Now talking in #futurestrades 09:28

<@X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm

<pat255> gm N

<rickf> up early? :)

<@NihabaAshi> Yeah...gotta monitor the speed of the data in Photon Trader platform during the 0830am est Jobless Claims Report... 08:03

Will also do some quick random test trades to see what the fills are like along with doing a random position reversal to see what it's like in this execution platform. 08:04

<+rickf> that still sounds like something out of star trek

<@NihabaAshi> Will be documenting it all via Camtasia

<+rickf> but if it works well for you .... go for it

<+pat255> N wil u post it on the site for others to see? 08:05

<@NihabaAshi> Yeah...I plan on talking about a sharing some images with videos about my personal experience with Photon Trader...good and bad. 08:06

If things work out at the end of my testing...I'll add FuturePath (Photon Trader) as a backup broker

<+pat255> k thks

<@X> #FuturesTrades Info -> No gurus, no head traders. 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 without their permission. More info at www.thestrategylab.com/FuturesTradesChat Room.htm 08:11

<lisa> gm 08:18

<futurible> gm all 08:21

<@NihabaAshi> Shorts ER2 @ 733.00 -> small size «« simulator Photon Trader »» 08:22

<+rickf> jobless claims in 1 min 08:29

<anglo> gm all 08:30

<@NihabaAshi> Photon Trader failed miserably or I did something wrong...sell orders not executed at a nice profit 08:32

<+pat255> :(

<@NihabaAshi> sell order still active at 731.50 and the low tick of that down burst was 731.20 08:35

<+anglo> not good 08:43

did you push xtrader at same time? 08:46

<@NihabaAshi> No...won't be doing that until next week.

<+anglo> ok

<werner> gm all

<@NihabaAshi> Will use some stop orders in both set for the same price to see how long it takes for confirmation sent, fill order times et cetera. 08:48

I have some nice profits this month so far... 08:49

Thus, I can afford to stop trading live and test some new trading platforms on simulators 08:50

Something I was suppose to do late last year but got to busy with other stuff.

Photon Trader just locked up :( 08:53

<+anglo> what was the nature of photon failure today please?

<@NihabaAshi> I was adjusting a trailing stop on the chart itself.

<+anglo> it failed to execute then? 08:54

<@NihabaAshi> Program no longer responding...all Photon windows locked

<+anglo> my interest in photon is declining very quickly... 08:55

<@NihabaAshi> By the way, I'm testing Photon Trader on Windows Vista...

Will move to Windowx XP Pro next week on my other system 08:56

Got Photon Trader to reboot without any problems

<+anglo> I believe thay recommend xp

<@NihabaAshi> Anglo...please be aware that I'm doing a ton of stuff...stuff that a trader doesn't normally do in normal trading conditions. 08:57

<+anglo> Linda B is hypermanic, and she uses photon. 08:58

<@NihabaAshi> After the reboot...apparently the trailing stop did get set even though I couldn't tell when it crashed

<+anglo> so...it maybe a truble of the simulator

<@NihabaAshi> Possible... 08:59

I've seen stuff in the past where a simulator worked great and the live version worked poorly. 09:00

I've also seen vice versa too

<+anglo> I'm glad you are testing it.

<@NihabaAshi> ER2 nearing my 731.50 sell order in the program 09:01

Lets see if it works this time around the 2nd time

Here's something I don't like... 09:04

The issue of upgrades to the program.

Apparently they do it from their side.

In other words, when you log into the program...you get no prompts nor notification there's a new version. 09:05

The program then goes into an auto download (can't stop it) and it begins upgrading on it's own.

<+anglo> that's intrusion. I believe it is illegal or should be. 09:06

<@NihabaAshi> My 731.50 executed instantly when hit the 2nd time aroundSession Close: Thu Jun 19 09:06:51 2008

Session Start: Thu Jun 19 09:06:51 2008Session Ident: #futurestrades

* Disconnected

* Attempting to rejoin channel #futurestrades 09:08

* Rejoined channel #futurestrades

<@X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTra desChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrad es.htm

<@NihabaAshi_away> Got disconnected... 09:09

Here's my last message prior to the disconnection...

[09:06] <@NihabaAshi> My 731.50 executed instantly when hit the 2nd time around

Covered all ER2 Short @ 731.50 --> + 1.5 «« simulator Photon Trader »»

<ripsboy> Good Morning all... 09:16

<ItalianSharp> morning all 09:22

<Mauro> gm

<drt> good morning

<@NihabaAshi_away> Anybody see the big drop this morning in Eurex BUND 09:24

* NihabaAshi_away is now known as NihabaAshi

<+ItalianSharp> yes niha...weird that dax and eurostoxx didnt rise much 09:26

maybe they will today

<+anglo> what if they raise rates? 09:27

<PapaJon> gm all 09:29

<jsbach> gm

<+Mauro> Shorts ER2 @ 733.1 09:32

Covered all ER2 Short @ 732.1 --> + 1 09:33

<@NihabaAshi> Shorts ER2 @ 731.10 -> medium size «« simulator Photon Trader »» 09:34

<+rickf> omg 09:35

it took me 30 seconds for my broker website to place an order to close a SSF trade once I clicked submit order

not good 09:36

<szubaark> Buys ES @ 1342.50 «« paper »»

<@NihabaAshi> Covered ER2 Short @ 732.60 --> - 1.5 «« simulator Photon Trader »» 09:37

Reverse and Enter Long ER2 @ 732.60 «« simulator Photon Trader »»

<silo> you only lost 1.5 pts? 09:38

<+Mauro> Shorts ER2 @ 733.9

<@NihabaAshi> sorry for the delay...needed to make a quick adjustment in the viewing order screen because I couldn't see the fill price after order was sent

<+Mauro> Covered Remainder ER2 Short @ 733.2 --> + 0.7 09:39

<@NihabaAshi> Got my orders in again 09:42

<Splurge> gm

<@NihabaAshi> Thus time it worked :)

Exited all ER2 Long @ 732.80 --> + 0.2 «« simulator Photon Trader »» 09:43

Shorts ER2 @ 730.70 -> medium size «« simulator Photon Trader »» 09:44

<+szubaark> Exited all Long ES at 1338 --> - 4.5 «« paper »» 09:45

Shorts ES @ 1338 «« paper »»

* fseitun is now known as ItalianSharp 09:46

<@NihabaAshi> volatility declining but should pick up fast here soon with the pending 1000am est key economic report 09:47

Covered all ER2 Short @ 730.40 --> + 0.3 «« simulator Photon Trader »» 09:48

<Andy> Long ES @ 1337.5 09:49

* Spartan_Away is now known as Spartan

<+Andy> Exited all ES Long @ 1337.25 --> - 0.25 09:51

<+Spartan> Long NQ @ 1955.75 «« paper »»

<+Andy> that was called fighting the market 09:52

<+szubaark> exit stop moved to breakeven ES @ 1338 «« paper »»

Covered all Short ES at 1338 --> 0 «« paper »» 09:53

not going anywhere

<@NihabaAshi> Long ER2 @ 730.90 -> medium size «« simulator Photon Trader »»

<+szubaark> Buys ES @ 1338 «« paper »»

<@NihabaAshi> Exited all ER2 Long @ 732.20 --> + 1.3 «« simulator Photon Trader »» 09:55

<+Spartan> Exited all NQ Long @ 1960.75 --> + 5 «« paper »» 09:56

<+szubaark> exit stop moved to breakeven ES @ 1338 «« paper »»

:( 09:57

Exited all Long ES at 1338 --> 0 «« paper »»

<dragon310> Shorts ER2 @ 732.3

<+dragon310> late post

<@NihabaAshi> Shorts ER2 @ 730.80 -> medium size «« simulator Photon Trader »» 09:58

<+szubaark> Buys ES @ 1338 «« paper »»

hopefully we get better price action after the reports

exit stop set ES @ 1336 «« paper »» 09:59

<+dragon310> Covered Remainder ER2 Short @ 731.3 --> + 1

Shorts ER2 @ 730.4 10:00

<+szubaark> Exited all Long ES at 1336 --> - 2 «« paper »»

<@NihabaAshi> Covered all ER2 Short @ 729.70 --> + 1.1 «« simulator Photon Trader »» 10:01

<+szubaark> Shorts ES @ 1335 «« paper »»

<lumenPharmer> ts went down here

<palmer> yep 10:02

<@NihabaAshi> Shorts ER2 @ 728.40 -> small size «« simulator Photon Trader »»

<+palmer> reach target for day 10:03

<@NihabaAshi> Covered ER2 Short @ 729.30 --> - 0.9 «« simulator Photon Trader »»

Reverse and Enter Long ER2 @ 729.30 «« simulator Photon Trader »»

<+dragon310> Covered all ER2 Short @ 729.5 --> + 0.9 10:04

<+szubaark> sneaky action

<+rickf> short es 1336.50 paper 10:05

<@NihabaAshi> :(

+0.1 tick trailing stop didn't kick in... 10:06

I'm still having problems with that :(

<KN-ES> Shorts ES @ 1336.25

<+rickf> exit 1/2 es 1334 +2.25 paper 10:08

<@NihabaAshi> Exited all ER2 Long @ 728.20 --> - 1.1 «« simulator Photon Trader »»

<+rickf> 2.5 paper

<+KN-ES> Covered 3/4 ES Short @ 1334.25 --> + 2

<+rickf> exit remainder es 1334.25 +2.25 paper

profit target reached

<+KN-ES> Covered 2 ES Short @ 1334.75 --> + 1.5

<@NihabaAshi> That's 2 trades today that needs to be researched involving the "trailing stop" mechanism not working when price is reached

<+KN-ES> S.L 1 10:09

h5

<+rickf> short ym 11989 paper 10:10

<+szubaark> nice rick

<+rickf> thx szu

<+KN-ES> Covered 1 ES Short @ 1333.25 --> + 3 10:11

<+rickf> exit ym 1179 +10 paper

<startrader> Long NQ @ 1333.25

<+startrader> es

<+KN-ES> Covered ES Short @ 1334.75 --> + 1.5 10:12

Reverse and Enter Long ES @ 1334.75

<+startrader> Exited 1/2 NQ Long @ 1336.25 --> + 3 10:13

<+KN-ES> Exited 3/4 ES Long @ 1336.25 --> + 1.5

Exited 2 ES Long @ 1335.75 --> + 1

s.l 1

<+rickf> short dax 6723 paper sm sz 10:14

<@NihabaAshi> Shorts ER2 @ 729.00 -> medium size «« simulator Photon Trader »»

<@X> #FuturesTrades Info -> No gurus, no head traders. 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 without their permission. More info at www.thestrategylab.com/FuturesTradesChat Room.htm

<+dragon310> Long ER2 @ 728.2 10:15

<+KN-ES> brb

<+Andy> Long NQ @ 1947.75

Exited 1/4 NQ Long @ 1948.75 --> + 1 10:16

<+dragon310> Exited Remainder ER2 Long @ 728.3 --> + 0.1

<+rickf> exit dax 6722 +1 paper 10:17

:(

<+KN-ES> Exited ES Long @ 1334.5 --> - 0.25

Reverse and Enter Short ES @ 1334.5

s.l 1

.25

<+Andy> Exited Remainder NQ Long @ 1946.5 --> - 1.25

<+startrader> Exited Remainder NQ Long @ 1333.50 --> + 0.25

<+dragon310> Shorts ER2 @ 728

<+KN-ES> Covered 3/4 ES Short @ 1332..75 --> + 1334.5 - 1332..75 10:18

<@NihabaAshi> Covered all ER2 Short @ 727.80 --> + 1.2 «« simulator Photon Trader »»

<+KN-ES> Covered 3/4 ES Short @ 1332.75 --> + 1.75

<+startrader> Long NQ @ 1945.50

<+KN-ES> Covered ES Short @ 133.75 --> + 1200.75

Reverse and Enter Long ES @ 133.75

<@NihabaAshi> I've reached my profit goal for the day in the testing of the new trading platform.

<+KN-ES> Long ES @ 1333.75 10:19

Exited 3/4 ES Long @ 1334.75 --> + 1

<@NihabaAshi> Thus, I'm officially now in profit protection mode and will be at 1 contract only for the remainder of the day.

<+dragon310> Covered Remainder ER2 Short @ 729.10 --> - 1.1

<@NihabaAshi> Prior medium size trades as usual are either 4 or 5 contracts

<+startrader> Exited all NQ Long @ 1947.25 --> + 1.75 10:20

<+KN-ES> Exited ES Long @ 1334 --> + 0.25

Reverse and Enter Short ES @ 1334

s.l 35.75 10:21

brb

<+dragon310> Long ER2 @ 729.6 10:22

<+startrader> Shorts NQ @ 1949.50

<+KN-ES> Long ES @ 1335.25 10:23

<+startrader> Covered all NQ Short @ 1951 --> - 1.5 10:24

<+KN-ES> Exited 3/4 ES Long @ 1336.75 --> + 1.5

Exited 2 ES Long @ 1336.25 --> + 1

<+dragon310> Exited Remainder ER2 Long @ 730 --> + 0.4

<+KN-ES> s.l 1.25

h5

brb

* Spartan is now known as Spartan_Away 10:27

<+Spartan_Away> gotta go to work, good luck everyone

* codehead_afk is now known as codehead

<+KN-ES> Exited 1 ES Long @ 1337.75 --> + 2.5 10:28

<+startrader> Shorts NQ @ 1954.50 10:29

<+dragon310> Shorts YM @ 12020

<@NihabaAshi> Long ER2 @ 731.00 -> small size «« simulator Photon Trader »» 10:32

<+Andy> Shorts ES @ 1338 10:33

<@NihabaAshi> Lets see if this is a breakout that willrun or suddenly retrace

So far its trying to run

Exited ER2 Long @ 731.20 --> + 0.2 «« simulator Photon Trader »»

<+Andy> Covered all ES Short @ 1338 --> 0 10:37

<+dragon310> Covered Remainder YM Short @ 12027 --> - 7 10:38

<+KN-ES> Exited 1 ES Long @ 1339.25 --> + 4

<+dragon310> Shorts YM @ 12019 -> large size 10:41

<+rickf> long dax 6749 paper sm sz 10:42

<+silo> think we're having a minor pullback 10:43

then gonna have a big upward movement

<+rickf> exit dax 6747 paper -2 10:44

<+dragon310> Covered all YM Short @ 12027 --> - 8 10:50

<+silo> Long ER2 @ 732.70 «« paper »»

<+szubaark> Covered all Short ES at 1339.75 --> - 4.75 «« paper »»

Buys ES @ 1339.75 «« paper »»

<+pat255> DT on es but may punch thru 10:51

<+rickf> long dax 6745 paper late post 10:52

* +subq market profile charts for today --- http://www.charthub.com/chart/search/mpc hart 10:53

<+silo> Long ER2 @ 733.10 -> Add «« paper »»

<+rickf> exit dax 6755.50 +10.5 paper

<+KN-ES> Exited 1 ES Long @ 1341.25 --> + 6 10:54

h2

<+silo> we got this biaaatch :) 10:55

<+rickf> lol 10:56

long ym 12044 paper

<+szubaark> Exited all Long ES at 1340 --> + 0.25 «« paper »» 10:59

Shorts ES @ 1340 «« paper »»

<+rickf> exit ym 12047 +3 paper

:( 11:00

<BigDawg291> that looks liek what happens to me rick

<+rickf> i guess if you entry is right and you get out but the pos moves in your direction you shouldnt be disappointed 11:01

<+BigDawg291> yeah but it frustrates you i know it does me

<+rickf> bidgawg - was aiming for 12038-040 entry, so i got in late to begin with

<+BigDawg291> oh dang 11:02

<+rickf> ? 11:03

<+silo> Exited 1/2 ER2 Long @ 735 --> + 1.9 «« paper »»

<+KN-ES> nice job silo

<+rickf> indeed 11:04

<+KN-ES> long 1337 ------------ Add 11:09

<+rickf> short es 1337.25 paper sm sz 11:10

exit es 1336 + 1.25 paper 11:11

<+silo> wow

crazy drop

wtf

<+KN-ES> long 1335 ------------ Add 11:12

35.25 fill

out (-3) ....... 1336.25 + 1.00 11:13

<+szubaark> exit stop moved to breakeven ES @ 1340 «« paper »» 11:14

<+KN-ES> add 1335 ................... Large size 11:15

out (-2) ....... 1336 + 1.00

<+rickf> short es 1336 paper sm sz 11:16

<+KN-ES> out all 35 / 35.50 ....... + 1.00 / 1.25 11:17

out all 37 36.25 ........... -0.75 11:18

hit 34.00 s.l 11:19

Long ES @ 1334.50

Exited 3/4 ES Long @ 133.50 --> - 1201 11:20

Exited 3/4 ES Long @ 1335.50 --> + 1

s.l .0.25 11:21

Exited 2 ES Long @ 1336.50 --> + 2

h7

sl. 33.25 11:22

Exited ES Long @ 1336.25 --> + 1.75 11:23

Reverse and Enter Short ES @ 1336.25

Covered 3/4 ES Short @ 1333.25 --> + 3 11:24

<+palmer> nice KN

nice

<+KN-ES> s.l 1.25

<+palmer> long then short

nice

<+KN-ES> Covered ES Short @ 133.75 --> + 1202.5

Reverse and Enter Long ES @ 133.75

<+rickf> exit es 1333.50 +2.5 paper

<+KN-ES> Long ES @ 1333.75

thanks 11:25

Exited 3/4 ES Long @ 1334.25 --> + 0.5

s.l 0.75 11:26

<+szubaark> Weak Support area

<+KN-ES> Exited ES Long @ 1333.75 --> 0

Reverse and Enter Short ES @ 1333.75

Covered 3/4 ES Short @ 1332.75 --> + 1

s.l 1.25

brb 11:27

<+rickf> short ym 11997 paper 11:29

<+KN-ES> hit and out 11:30

Shorts ES @ 1335.50 11:32

Covered 3/4 ES Short @ 1334.75 --> + 0.75

s.l 1

early and bad entry 11:33

<+rickf> exit ym 12007 -10 paper 11:34

<+KN-ES> hit and out .. as expected

<+rickf> horrible entry too :(

<+KN-ES> yes

<+rickf> short dax 6728.5 paper 11:35

<+KN-ES> Shorts ES @ 1336.00

s.l 1338.75 11:36

brb

<+rickf> exit dax 6720 +8.5 paper

<+KN-ES> Covered 3/4 ES Short @ 1335 --> + 1

brb 11:38

<+rickf> must be a game on :)

<+KN-ES> recorded two matches :) 11:39

<+rickf> i knew it

short es 1334.25 paper sm sz 11:40

<+KN-ES> Covered 2 ES Short @ 1334 --> + 2

h5

<+rickf> exit 1334 +.25 paper 11:42

conf call starting

<+szubaark> ?

<+rickf> my conf call -- client project 11:43

<+szubaark> ohh

<+rickf> dont like having trades on when talking w/clients .... i get distracted

<+KN-ES> bb in 30 min 11:46

<+dragon310> gotta go for the day exiting all my ym even though i think we going lower 11:49

Covered Remainder YM Short @ 11999 --> + 20

<Guest> Long ER2 @ 730.8 «« paper »» 11:56

<codehead> crude lod retest 12:06

<+anglo> how do I change my nick? 12:08

<+codehead> type /nick younewname

crude new lows

* +anglo slaps anglo around a bit with a large trout 12:10

<+szubaark> exit stop moved to breakeven ES @ 1340 «« paper »»

weird, NQ just keeps going up 12:11

<+codehead> YM made it to .618 retracement

<+Guest> Exited 1/2 ER2 Long @ 732 --> + 1.2 «« paper »»

* anglo is now known as Gimme 12:12

<+szubaark> NQ another spike

* Gimme is now known as anglo

<+anglo> ok ty 12:13

<+codehead> crude continues to new lows 12:15

<+szubaark> Covered all Short ES at 1340 --> 0 «« paper »»

Buys ES @ 1340 «« paper »»

needs to break out of this small range

<+codehead> hm, my only futs trade was to try the double bototm in YM, got in a tick off the low, had a hunch it was one i should just put in a b/e stop and leave it alone, but tookthe first pop

i'm not very good about leaving trdes along lately 12:16

alone

<+Guest> Exited Remainder ER2 Long @ 733.3 --> + 2.5 «« paper »» 12:17

<+KN-ES> Shorts ES @ 1339.75 12:19

s.l 41.25

brb

<@X> #FuturesTrades Info -> No gurus, no head traders. 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 without their permission. More info at www.thestrategylab.com/FuturesTradesChat Room.htm 12:20

<@NihabaAshi> Shorts ER2 @ 732.50 -> small size «« simulator Photon Trader »» 12:21

<+szubaark> ES trying to catch up to NQ

<@NihabaAshi> Covered ER2 Short @ 733.40 --> - 0.9 «« simulator Photon Trader »» 12:22

Reverse and Enter Long ER2 @ 733.40 «« simulator Photon Trader »»

<pdays> Long ER2 @ 731.4 «« paper »» 12:24

<+pdays> Exited 1/3 ER2 Long @ 733.1 --> + 1.7 «« paper »» 12:25

<Nesi> rally?

<+szubaark> Volatility spike

<+pdays> Exited 1/3 ER2 Long @ 733.5 --> + 2.1 «« paper »»

exit stop set ER2 @ 732.0 «« paper »» 12:26

<@NihabaAshi> Exited ER2 Long @ 733.50 --> + 0.1 «« simulator Photon Trader »» 12:27

<+silo> Shorts ER2 @ 733.50 «« paper »» 12:28

Covered ER2 Short @ 735.50 --> - 2 «« paper »» 12:34

Reverse and Enter Long ER2 @ 735.50 «« paper »»

ouch

<+szubaark> yeah looks strong

<@NihabaAshi> Shorts ER2 @ 735.50 -> small size «« simulator Photon Trader »» 12:36

<+Guest> Shorts ER2 @ 735.2 «« paper »» 12:38

<@NihabaAshi> Covered ER2 Short @ 735.30 --> + 0.2 «« simulator Photon Trader »»

<+szubaark> Exited all Long ES at 1340.25 --> + 0.25 «« paper »» 12:39

Shorts ES @ 1340.25 «« paper »»

<+silo> Exited Remainder ER2 Long @ 734.50 --> - 1 «« paper »» 12:43

<+codehead> YM .382 fib retracement touched 12:44

12037

the idea is that it either bounces there, or goes to next if it breaks down 12:45

12026 is .500, 12015 is .618 12:48

the key breakout off the bottom was 12014

which was .382 of the drop

it double topped there, then broke it out on the third try

so i would expect some buying/covering in that area, with the .618 of the current trace only a tick above it 12:49

<+rickf> back 12:52

<+codehead> dow bounce when it got back to flat, so far 12:53

<+szubaark> exit stop moved to breakeven ES @ 1340.25 «« paper »» 12:58

<+codehead> .500 retrace hit

<+jsbach> short ES @ 1339.25 13:05

<+szubaark> Covered all Short ES at 1339.75 --> + 0.5 «« paper »» 13:06

Buys ES @ 1339.75 «« paper »»

<@NihabaAshi> Long ER2 @ 733.60 -> small size «« simulator Photon Trader »»

Exited ER2 Long @ 734.20 --> + 0.6 «« simulator Photon Trader »» 13:10

<+szubaark> Nice Niha.

<+palmer> missed the +1 there 13:11

nice trade

<+jsbach> gas came up maybe oil will too 13:14

<+szubaark> Exited all Long ES at 1339.50 --> - 0.25 «« paper »» 13:22

Buys ES @ 1340.25 «« paper »» 13:23

<+rickf> long er2 734.1 paper 13:34

exit er2 735 +.9 paper 13:36

<+Andy> Shorts ES @ 1341.75 13:37

Covered 3/4 ES Short @ 1340.75 --> + 1 13:40

<+jsbach> triple top ES 60m 13:41

<+szubaark> Exited all Long ES at 1340.25 --> 0 «« paper »» 13:43

Shorts ES @ 1340.25 «« paper »»

<+codehead> long YM 12014 <paper> 13:47

<+Andy> Covered Remainder ES Short @ 1338 --> + 3.75 13:48

<+szubaark> exit stop moved to breakeven ES @ 1340.25 «« paper »»

<+Guest> Covered all ER2 Short @ 732.6 --> + 2.6 «« paper »»

<+codehead> set stop b/e +1 <paper>

busy working

1st target 12032 13:49

stop tapped, out +1

long 12016 YM <paper> 13:50

<+rickf> how rude :(

<+codehead> i've give it more room

exit -5 <paper> 13:51

back to work

<+rickf> 5 ticks is kind of tight on the ym, wouldn't you think?

<+codehead> yes, but it violated the level i was making the test trade on 13:52

<+rickf> gotcha

<+codehead> plus, i'm working

prolly sitll a good entry, just not available to watch

<+rickf> i'm with ya

np

<+codehead> otherwise i woulda tried it with cash

lotta fighting for red/green today on dow 13:54

<+rickf> short es 1339 paper 13:56

<+KN-ES> Shorts ES @ 1338.75 13:58

s.l 1 13:59

brb 14:00

Covered 3/4 ES Short @ 1337.25 --> + 1.5 14:02

Covered 2 ES Short @ 1337.75 --> + 1

<+rickf> exit es 1337 +2 paper

<+Guest> Long ER2 @ 731.5 «« paper »»

<+KN-ES> h7

<+rickf> exit zgn8 @ 903.2 + 10.3 14:08

<+codehead> nice rick

<+rickf> long gold this morning, dont think i posted the entry

thx

<+Andy> vn rickf

<+codehead> dow might wait till crude floor close before trying green 14:09

<+rickf> not paper, either :)

<+codehead> looks to be basing so far

<+szubaark> Covered all Short ES at 1338.25 --> + 2 «« paper »»

Buys ES @ 1338.25 «« paper »»

<+rickf> nice zsu

szu

<+Andy> so you are a gold manipulator, as well, rickf :)

<+szubaark> thx

<+rickf> you know who you are

not really - started using it as a hedge on my longterm portfolio a few months ago 14:10

in and out same day, maybe occasionally overnight hold

short ym 12012 paper sm sz 14:11

exit ym 12022 -10 paper 14:13

second time the yms done that to me today 14:14

<+KN-ES> Long ES @ 139.75

<+szubaark> exit stop moved to breakeven ES @ 1338.25 «« paper »»

<+KN-ES> Exited 3/4 ES Long @ 1340.75 --> + 1201

Long ES @ 1339.75 14:15

Exited 3/4 ES Long @ 1340.75 --> + 1

s.l 1

<+szubaark> Exited all Long ES at 1340.25 --> + 2 «« paper »» 14:20

Shorts ES @ 1340 «« paper »»

Covered all Short ES at 1341.25 --> - 1.25 «« paper »» 14:23

Buys ES @ 1341.25 «« paper »»

<@X> #FuturesTrades Info -> No gurus, no head traders. 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 without their permission. More info at www.thestrategylab.com/FuturesTradesChat Room.htm

<+Guest> Exited 1/3 ER2 Long @ 733.6 --> + 2.1 «« paper »» 14:26

Exited 1/3 ER2 Long @ 733.9 --> + 2.4 «« paper »» 14:27

<+KN-ES> Exited 2 ES Long @ 1342.25 --> + 2.5

<+Guest> Exited Remainder ER2 Long @ 733.9 --> + 2.4 «« paper »» 14:28

<+rickf> long es 41 exited 43.50 +2.50 paper

late post

<+KN-ES> Exited 2 ES Long @ 1343.25 --> + 3.5

<+Guest> Shorts ER2 @ 733.9 «« paper »»

<+codehead> crude diving into close 14:29

<+Guest> Shorts ER2 @ 734.6 -> Add «« paper »»

<+codehead> hit new lod

dow trading in a range all day 14:30

<+Guest> Shorts ER2 @ 734.5 -> Add «« paper »» 14:31

<+startrader> seems like es wants to see 1350, been a powerful options week number this year. 14:32

<+codehead> dow hod 14:33

<+KN-ES> Exited 2 ES Long @ 1345.25 --> + 5.5

h3

<+Guest> Shorts ER2 @ 736.7 «« paper »»

<+codehead> had a hunch it was wating for crude close 14:34

<+KN-ES> :)

es is always a bit late responding

Exited 1 ES Long @ 1346.75 --> + 7 14:40

<+rickf> nice hold

<+KN-ES> thanks

<+rickf> long es 46 paper sm sz 14:42

exit es 47.25 +1.25 paper 14:45

prolly could have held it

<+Andy> Shorts ES @ 1347.25 14:47

scared me :)

<+KN-ES> we need to break 48.75 to have a uptrend confirmed

nice entry Andy

<+Andy> Covered 1/2 ES Short @ 1346.25 --> + 1

<+KN-ES> as perfect as it gets

<+Andy> thanks KN 14:48

<+KN-ES> 47.75 is a very strong res

uw Andy

<+szubaark> NQ Leading TODAY 14:49

<+rickf> short er2 735.4 paper sm sz 14:50

<+Andy> Covered 1/4 ES Short @ 1345.75 --> + 1.5

<+KN-ES> nice

<+Andy> :)

<+rickf> exit er2 734,3 +1.1 paper

<+szubaark> Exited all Long ES at 1345.75 --> + 4.5 «« paper »» 14:52

<+rickf> wtg szu

<+szubaark> thnx..

<+codehead> see if we can squeeze final hour 14:53

<+KN-ES> nice

trade szubaark

<+codehead> there's some decent resitance 12090-12093 14:54

confluence of a couple of fib targets and a couple wave targets 14:55

<+KN-ES> Exited ES Long @ 1345.75 --> + 6

Reverse and Enter Short ES @ 1345.75

s.l. 47.75

<+rickf> short ers 735.3 14:56

paper

<+Andy> now that KN is selling the market, I know I have to hang with this trade :)

<+rickf> exit 1/2 er2 734.3 +1 paper

h2

exit remainder er2 734.5 +.8 paper 14:57

<+KN-ES> Covered 3/4 ES Short @ 1344.75 --> + 1

:)

Andy lets learn together " How to loose?"

<+rickf> es is spiking, guess kn is selling crude 14:58

<+KN-ES> nop i m holding it

<+rickf> :)

<+KN-ES> target 130

<+szubaark> Shorts ES @ 1346 «« paper »»

<+Guest> Shorts ER2 @ 735.9 -> Add «« paper »» 14:59

<+Andy> Covered Remainder ES Short @ 1346.25 --> + 1

<+szubaark> Covered all Short ES at 1347.25 --> - 1.25 «« paper »» 15:00

Buys ES @ 1347.75 «« paper »» 15:01

<+Guest> Shorts ER2 @ 736.9 -> Add «« paper »»

<+KN-ES> Long ES @ 1347.25

Exited 3/4 ES Long @ 1348.25 --> + 1 15:02

sl .75

Exited 2 ES Long @ 1348.75 --> + 1.5

<+Guest> Shorts ER2 @ 737.7 -> Add «« paper »» 15:03

<+codehead> 12120 next target

several fib extensions and a wave target 12119-12123 15:04

<+KN-ES> Exited ES Long @ 1348.75 --> + 1.5 15:05

Reverse and Enter Short ES @ 1348.75

s.l 50.25

<+rickf> long es 1346 paper sm sz 15:06

<+KN-ES> Covered 3/4 ES Short @ 1347.75 --> + 1 15:09

<+rickf> that last trade was long at 1348, exit at 48 +0 paper 15:10

<+szubaark> lets see if we get one more spike

<+rickf> sucks not having integrated posting capability :( 15:11

<+KN-ES> hire someone :) 15:12

<+rickf> short es 1347 paper sm sz

<+KN-ES> Covered 2 ES Short @ 1346.25 --> + 2.5 15:13

<palmer> sweet Kn you a 8 lot trader

<+KN-ES> h5 15:14

<+rickf> exit es 47 b/e paper 15:15

* anglo is now known as wannabeKN

<@NihabaAshi> Long ER2 @ 737.60 -> small size «« simulator Photon Trader »»

<+szubaark> Pinball type Price Action

<+wannabeKN> :)

* wannabeKN is now known as anglo 15:16

<+rickf> yep, is why i bailed

<+anglo> :)

<+rickf> short es 1347 paper 1 only 15:17

<+szubaark> Volatility contracting, expecting spike soon 15:19

<+anglo> nice sitching KN. 15:20

switching

<+KN-ES> :) 15:21

<+codehead> 12064 is .382 retracement 15:22

<+szubaark> :(

<@NihabaAshi> Exited ER2 Long @ 735.80 --> - 1.8 «« simulator Photon Trader »»

Reverse and Enter Short ER2 @ 735.80 «« simulator Photon Trader »»

<+KN-ES> Covered 1 ES Short @ 1345.25 --> + 3.5

h4 15:23

<@NihabaAshi> Covered ER2 Short @ 735.50 --> + 0.3 «« simulator Photon Trader »» 15:26

<+rickf> exit es 1346 +1 paper 15:31

ugly action

weird for this late in the day

<+Andy> es going up but nq not following 15:34

<+rickf> short er2 735.6 paper 15:35

<+szubaark> Exited all Long ES at 1345.25 --> - 2.5 «« paper »»

Shorts ES @ 1345.25 «« paper »»

<+rickf> exit 1/2 er2 734.9 paper +.7paper 15:36

<+codehead> that YM cluster proved to be a stopper--ES also had a cluster of resistance at top 15:37

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Trading Strategies ->   Strategies used by NihabaAshi, from entry to exit, exploit inefficiencies in the price action for profits of the following trading instruments via WRB Analysis and Intermarket Analysis: Emini Index Futures (EMD, 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), COMEX Metals Futures (GC), Forex Currencies (EurUsd, EurYen, UsdCdn), Exchange Traded Funds (DIA, GLD, OIH, IWM, QQQQ, SPY, XLE) and Hang Seng Index Futures (HSI)

<+Guest> Covered all ER2 Short @ 734.5 --> + 5.4 «« paper »»

<+rickf> exit er2 remainder 734.6 +1 paper

<werner> gn all 15:38

<+rickf> cya wermer

werner

<+werner> :)

<+szubaark> Covered all Short ES at 1346.75 --> - 1.5 «« paper »»

Buys ES @ 1346.75 «« paper »»

lots of Chop in between these moves, best to stay away 15:39

<+rickf> i'm seriously thinkign of quitting

in fact -- that's what i'm going to do 15:40

<+KN-ES> its easy to decide on that after the market close

:)

<+rickf> market's still open :)

nope - i'm shut down. 15:41

<+KN-ES> technically yes........

we just need a little push to get it broken wide open........... 15:42

<@NihabaAshi> Weird fill 15:44

Long ER2 @ 735.80 -> small size «« simulator Photon Trader »» 15:45

<+anglo> i'm seriously thinkign of quitting ...me too. But I get over it. 15:47

<@NihabaAshi> Exited ER2 Long @ 736.50 --> + 0.7 «« simulator Photon Trader »»

<+anglo> serving ice cream not my calling. 15:48

<+rickf> oh my vmware trading station is closed down -- i'm checking email :)

<+Andy> would someone let the button pusher know we're getting tired of looking at 46.50?

<@NihabaAshi> Photon Trader clock changes pst, cst, est et cetera each day

Today the clock is 5 hrs behind e.s.t

Yesterday it was e.s.t

Day before yesterday it was c.s.t

<+szubaark> Exited all Long ES at 1345.25 --> - 1.5 «« paper »» 15:49

<@NihabaAshi> Not a big deal but if downloading the trade executions...there's no time reference like p.s.t, c.s.t, e.s.t... 15:50

nothing.

Thus, gotta make sure I include my own commentary so that I'm not confused about the times at a later day when reviewing something in the past

<+anglo> that sucks 15:51

too many things that arent good already

<@NihabaAshi> anglo...I'll call them about that to find out if that's only in the simulator and not an issue in the live

I'll also verify my findings with someone I know that's using the live version for two months now 15:52

<+anglo> good idea

<@NihabaAshi> I've also decided I'm going to stay on the simulator tomorrow (Friday). 15:53

Still need to figure out a few more "how to" things.

Long ER2 @ 737.10 -> small size «« simulator Photon Trader »» 15:54

<+szubaark> Im not touching this, should have been done hour ago 15:56

<+KN-ES> Covered 1 ES Short @ 1343.75 --> + 5 15:57

<+codehead> k, .382 finally hit

12056 wave target close too 15:58

<+KN-ES> h3

<@NihabaAshi> Exited ER2 Long @ 737.60 --> + 0.5 «« simulator Photon Trader »» 16:01

Shorts ER2 @ 737.10 -> small size «« simulator Photon Trader »»

<+KN-ES> Covered 1 ES Short @ 1342.75 --> + 6 16:05

h2

<@NihabaAshi> I'm done for the day

Covered ER2 Short @ 736.90 --> + 0.2 «« simulator Photon Trader »» 16:06

<+codehead> 50% retrace on YM 16:11

whew

<+KN-ES> es still holding pretty good volume.......surprising

<+codehead> ER pretty good 16:12

<+KN-ES> agree

Covered 1 ES Short @ 1341.75 --> + 7 16:13

<+codehead> YM prolly decent entry here

<+KN-ES> h1

cannt wait to get out

<+Andy> bravo KN 16:15

<+KN-ES> finally...... 38.25 next........i guess

<+codehead> 12038 hit on closing shake--.618 is 12032

<+KN-ES> thanks, boss

:)

<+Andy> :) 16:16

<+codehead> nice

<+KN-ES> as u told me to hold on, i did hold on

thanks codehead

<+anglo> ubertrader 16:19

hats off

<@X> #FuturesTrades Info -> No gurus, no head traders. 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 without their permission. More info at www.thestrategylab.com/FuturesTradesChat Room.htm 16:26

<@NihabaAshi> Take care all and see all tomorrow 16:29

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