Session Start: Tue Jan 06 09:28:33 2009
Session Ident: #futurestrades
[09:28] * Now talking in #futurestrades
[09:28] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:33] <rickf> short es 934
[09:34] <+rickf> out 934 b/e +0
[09:34] <+rickf> better safe than sorry
[09:38] <+rickf> 10AM ISM and Home Sales
[09:41] <pat255> gm all
[09:42] <+pat255> guys these days brrn at office ...
[09:47] <szubaark> Buys ES @ 936 «« paper »»
[09:47] <+pat255> eur got hammered
[09:47] <+szubaark> Exited all Long ES at 937.25 --> + 1.25 «« paper »»
[09:57] <+pat255> seems overbought
[09:58] <+rickf> same action as yesterday - slow creep in the early morning
[09:58] <+rickf> news in 2 minutes, maybe some vol shows up
[10:04] <+rickf> short es 937.50
[10:05] <+szubaark> Shorts ES @ 936.25 «« paper »»
[10:06] <+rickf> exit 936 +1.50
[10:06] <+szubaark> Covered all Short ES at 936.25 --> 0 «« paper »»
[10:06] <+szubaark> dont like this entry
[10:07] <+rickf> should be ok
[10:07] <+rickf> i quit early
[10:08] <+szubaark> well, u got the Fib buyers jumping in here
[10:08] <+rickf> i just dont like indecision - if it ain't moving, i will quit
[10:10] <+szubaark> make it look Bullish at open then drop it just as quick LOL
[10:10] <+rickf> short es 935.25
[10:11] <+rickf> exit 934 +1.25
[10:11] <+rickf> i really need to work on my exits
[10:13] <+szubaark> its hard because some days volume is good and some its low
[10:13] <+pat255> tried L 35 ..stopped
[10:13] <+szubaark> so i just try to keep it same and not play around
[10:13] <+rickf> problem is it's been so long since i traded if i get 1, 1.5 i'll take it and not let my limit get it
[10:13] <+rickf> both trades this morning would have been perfect if i stayed in
[10:13] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[10:14] <+rickf> i wont complain - green is still green, but not as effective as i could be
[10:15] <+szubaark> non-stop selling, making sure nobody gets in on it
[10:16] <+rickf> actualy that last trade was the rare 'change of trend' trade - surprised i got it right for achange
[10:16] <+rickf> good entry, poor (tho profitable) exit
[10:21] <+szubaark> we havent had one of those non-stop parabolic slides in a while, it sucks to be on the other side
[10:26] <+szubaark> Shorts ES @ 928.25 «« paper »»
[10:26] <+pat255> geez gap closed
[10:27] <+szubaark> Covered all Short ES at 927.25 --> + 1 «« paper »»
[10:36] <+szubaark> Buys ES @ 930.75 «« paper »»
[10:40] <+szubaark> Exited all Long ES at 931.75 --> + 1 «« paper »»
[10:54] <+szubaark> Shorts ES @ 929 «« paper »»
[10:57] <+szubaark> Covered all Short ES at 930.50 --> - 1.5 «« paper »»
[10:57] <+rickf> FOMC mins at 2PM -- might explain why we're chopping around here
[10:58] <+szubaark> Shorts ES @ 928.75 «« paper »»
[11:00] <+szubaark> Covered all Short ES at 928.75 --> 0 «« paper »»
[11:01] <+szubaark> Shook me out
([11:01] <+rickf> 926 - 932 look like no mans land here
[11:01] <+rickf> ranging
[11:01] <+rickf> trend is down but i wont play in that area
[11:02] <+szubaark> yup, markets saying, its time to kick it up a notch
[11:06] <+szubaark> Shorts ES @ 925.75 «« paper »»
[11:06] <+rickf> if 926 breaks and holds I think it's down to 898-ish
[11:06] <+rickf> but will trade what i see
[11:08] <+szubaark> in a trend day, its best to just set targets and walk away
[11:09] <+szubaark> as the mind likes to play tricks with you, making u buy every Dip
[11:11] <+rickf> key is to realize that and NOT buy every dip or sell every rip
[11:11] * codehead_afk is now known as codehead
[11:16] <werner> wow i am in ....gm all and happy newyear
[11:16] <+szubaark> gm
[11:16] <+rickf> hi werner
[11:16] <+pat255> hi
[11:19] <+werner> wrbtrader.... ignor skype
[11:21] <+rickf> out for a bit -- tired of idling, got a few things to do. back in a while
[11:36] <@NihabaAshi> werner...my skype is setup on another computer at my condo.
[11:37] <+werner> ok wrbtrader
[11:37] <@NihabaAshi> I won't see it until Friday when I go skiing with the family.
[11:37] <@NihabaAshi> Simply, I intentionally don't have skype on my trading computers here at home.
[11:38] <+werner> np, i am in now ....forget skype
[11:38] <@NihabaAshi> Ok.
[11:39] <@NihabaAshi> Just don't send any dirty messages because my spouse uses skype more than I do because she takes the kids to the condo about 3x per week for skiing during the winter.
[11:39] <+szubaark> lol
[11:39] <@NihabaAshi>
[11:39] <+pat255> lol
[11:40] <+werner> no no ....lol
[11:41] <pdays> Long EC @ 1.3393
[11:42] <+pdays> Exited all EC Long @ 1.3396 --> + 0.0003
[11:43] <+werner> mmm i dont see my name
[11:43] <+pdays> scroll down
[11:45] <+werner> Shorts NQ @ 1273.25 «« testing script »»
[11:45] <+werner> Covered all NQ Short @ 1272.25 --> + 1 «« testing script »»
[11:46] <+werner> ok thnx pdays
[11:47] <+pdays> np..welcome
[12:06] <@NihabaAshi> Long ES @ 929.75 -> small size
[12:06] <@NihabaAshi> 3 only
[12:08] <+codehead> 8987 area is a target on YM--if it gets thru last high--potential short there
[12:08] <@NihabaAshi> Exited all ES Long @ 931.00 --> + 1.25
[12:08] <+codehead> this 8949 area is .382 retracement and wave symmetry target, so it's bounced against it three times now
[12:08] <+codehead> resistance
[12:09] <+codehead> 8950 is .382 fib
[12:10] <+codehead> short 8950 YM <paper> stop 8956
[12:12] <+codehead> exit YM <paper> +1
[12:14] <+codehead> long 1c YM 8955 <paper>
[12:14] <+codehead> stop 8924 <paper>
[12:14] <+szubaark> pretty deep pullback
[12:14] <+codehead> target 8985
[12:16] <+szubaark> just got bunch of Stops above 932
[12:16] <+codehead> target for add 8932
[12:16] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[12:17] <+codehead> raised stop to 8949 <paper>--will look for better entry
[12:18] <+codehead> exit YM -2 <paper>
[12:19] <@NihabaAshi> Shorts ES @ 931.00 -> small size
[12:19] <@NihabaAshi> 2 only
[12:20] <+codehead> short YM 8950 <paper>
[12:20] <+codehead> small
[12:20] <+codehead> stop 8962 <paper>
[12:21] <+codehead> 2c
[12:21] <+codehead> have upside targets, but momo waning
[12:23] <+codehead> exit half +5 <paper>
[12:23] <+codehead> just hold 1, same stop
[12:24] <@NihabaAshi> Covered all ES Short @ 930.75 --> + 0.25
[12:24] * NihabaAshi is now known as NihabaAshi_lunch
[12:24] <+codehead> lower stop b/e remainder <paper>
[12:25] <+codehead> lower stop 8942 YM <paper>
[12:25] <werner> Shorts NQ @ 1275.50
[12:25] <+codehead> stopped +8 remainder <paper>
[12:26] <+werner> Covered all NQ Short @ 1274.50 --> + 1
[12:26] <+szubaark> whats 1NQ point? $20?
[12:26] <+werner> yes
[12:27] <+codehead> first pullback target sitll 8932
[12:27] <+codehead> got within 4 ticks
[12:28] <+codehead> should hit it tho
[12:29] <+szubaark> this deep pullback threw me off.. we had good Volatility to downside, weak pullbacks then they took it back to 933+
[12:30] <+szubaark> guess had to get those Stops Above
[12:34] <+codehead> 8970 next target
[12:34] <+codehead> if 8936 no broken first
[12:35] <+szubaark> this needs to hold for Shorts
[12:36] <+codehead> 8969 is .500 of the move from hod to lod
[12:36] <+codehead> should get it
[12:37] <+codehead> one more tick...
[12:37] <+codehead> hit
[12:38] <+codehead> also wave symmetry at 8971, so this is a minor resistance area
[12:38] <+szubaark> the morning selloff on good volatility was just a fake for this deep pullback..
[12:38] <+codehead> 8987 next
[12:38] <+szubaark> More serious Sellers should come in here as we at .50% retrace of overall move
[12:39] <+codehead> short small YM 8971 <paper> stop 8976
[12:39] <+codehead> 8949 max target--this is iffy
[12:40] <+codehead> mainly testing purposes
[12:40] <+codehead> going to 8985-8989 area if it breaks thru
[12:41] <+szubaark> weird sneaky action since opening
[12:42] <+codehead> exit -1 YM
[12:42] <+codehead> should be looking for longs on pb instead
[12:42] <+szubaark> i have trend still down
[12:43] <+codehead> i have up, but depends on time frame i guess
[12:44] <+codehead> should pb tho
[12:44] <+codehead> got within 1 tick of my stop and scared me out, not pulling back
[12:44] <+codehead> now
[12:44] <+codehead> 8951 pullback target
[12:45] <+szubaark> would like to see a big RED WRB candle now to scare the Longs
[12:45] <+codehead> short 1c YM 8966 <paper> stop 8976
[12:45] <+codehead> just to track pb
[12:46] <+codehead> 8987 should be hit at some point
[12:47] <+codehead> looking for fill at 8952
[12:47] <+codehead> exit YM 8955 <paper>
[12:48] <+codehead> short 1c 8970 <paper> stop 8976
[12:48] <+codehead> lower stop b/e +1
[12:49] <+codehead> exit YM +7 <paper>
[12:49] <+codehead> too jerky
[12:49] <+szubaark> damn buyers still strong
[12:49] <+szubaark> every dip gets bought
[12:52] <+codehead> seller at 8980 blocking YM, but technically it should hit 8987
[12:52] <+codehead> at some point
[12:53] <+szubaark> its way overbought right now
[12:53] <+szubaark> could TANK here
[12:55] <+codehead> couldn't get enough volume to get thru 8980 YM
[12:57] <+codehead> short 1c 8975 YM <paper> stop 8981
[12:57] <+codehead> only for lack of volume
[12:57] <+codehead> still have higher target
[12:57] <+codehead> looking for 8956 pb
[12:58] <+codehead> if it doesn't break higher
[12:59] <+codehead> lower stop b/e +1 <paper>
[13:02] <+codehead> exit YM +12 <paper>
[13:02] <+szubaark> nice
[13:02] <+codehead> lower pb target, but very jerky action
[13:03] <+szubaark> lunchtime, perfect time for downside pullback now and hopefully new LOW
[13:04] <+codehead> there it is--8956 first pb target
[13:04] <+szubaark> still no clue why went went all the way to 935 after such strong morning selloff..sneaky
[13:05] <+szubaark> good looking RED WRB should scare the Dip Buyas
[13:06] <+codehead> 8945 is .382 fib retracement of move off lod on YM
[13:08] <+szubaark> well, i got trend still down, so im looking for new Low SOON
[13:09] <+codehead> not watching ES, but so far this is modest retracement for YM
[13:09] <+codehead> but up wave may be over, see if it breaks lower
[13:09] <+szubaark> i dont watch YM
[13:11] <+codehead> not getting much bounce
[13:12] <+codehead> downside target 8910 if it doesn't bounce
[13:13] <+codehead> fighting it out here at the fib
[13:14] <+codehead> lower
[13:15] <+szubaark> Buyers should start getting flushed out now at evey Fib level
[13:15] <kosmipt> guys have you seen my previous script posts?
[13:15] <+szubaark> no
[13:15] <+kosmipt> strange, they are printed in my log
[13:16] <+kosmipt> now?
[13:16] <+szubaark> no
[13:16] <+kosmipt> ok
[13:18] <+codehead> YM trying at .618 retracement
[13:19] <+codehead> still have 8910 target tho
[13:19] <+szubaark> [13:08] > well, i got trend still down, so im looking for new Low SOON
[13:20] <+szubaark> Longs are sweating Hard now
[13:22] <+codehead> was tryign to buy 8911, hit 8913...
[13:26] <+kosmipt> Long ES @ 929 «« Scalp »»
[13:32] <+kosmipt> Exited ES Long @ 927.50 --> - 1.5 «« Scalp »»
[13:32] <+szubaark> trend is still down
[13:33] <+kosmipt> we're still above daily pivot, so it's not mega bearish
[13:33] <+kosmipt> and we're still up for the day
[13:35] <+rickf> bakc
[13:35] <+szubaark> wicks and tails forming on candles again
[13:37] <+kosmipt> thats ES
[13:42] <+codehead> was too quick to call, but got short 8948 YM, stopped on trailing stop 8933
[13:42] <+codehead> only 2 real trades today, +13 total
[13:44] <+codehead> make that +12, got a tick of slippage on stop
[13:46] <+werner> Long NQ @ 1276.25
[13:47] <+werner> Exited all NQ Long @ 1277.25 --> + 1
[13:47] <+werner> pff cant post it that fast...sorry
[13:49] <+codehead> short YM 8959 <paper>
[13:49] <+codehead> stop 8966
[13:50] <+codehead> target 8934
[13:51] <+codehead> hm, fomc huh
[13:52] <jbuch> Long SPY @ 93.44 «« paper »»
[13:52] <+codehead> stopped out
[13:52] <+codehead> -7 YM <paper>
[13:52] <+codehead> didn't realize fomc when i entered
[13:53] <+codehead> hit sotp exactly :-/ was too tight a stop with fomc looming
[13:53] <+jbuch> Exited SPY Long @ 93.35 --> - 0.09 «« paper »»
[13:53] <+jbuch> Reverse and Enter Short SPY @ 93.35 «« paper »»
[13:55] <+codehead> is that right--fomc day?
[13:56] <+szubaark> yes 2pm
[13:57] <+jbuch> Covered 1/2 SPY Short @ 93.25 --> + 0.1 «« paper »»
[13:58] <+jbuch> Covered Remainder SPY Short @ 93.25 --> + 0.1 «« paper »»
[13:59] <+pdays> FOMC in 1 min
[14:03] <+werner> obama speaks
[14:09] <+szubaark> big fight at EVERY level
[14:10] <@NihabaAshi_lunch> Long ES @ 930.00 -> small size
[14:10] * NihabaAshi_lunch is now known as NihabaAshi
[14:10] <+jbuch> Long SPY @ 93.27 «« paper »»
[14:10] <@NihabaAshi> 3 only
[14:10] <+jbuch> Exited all SPY Long @ 93.49 --> + 0.22 «« paper »»
[14:10] <+szubaark> Covered all Short ES at 932.50 --> - 6.75 «« paper »»
[14:10] <+szubaark>
([14:11] <+codehead> wave target 8968, then 8985
[14:11] <+szubaark> Buys ES @ 932.25 «« paper »»
[14:11] <+codehead> hit 8965, possibly close enough...
[14:11] <+codehead> previous high was 8966
[14:12] <+jbuch> I was out before I posted my buy.
)[14:12] <@NihabaAshi> Exited 2/3 ES Long @ 932.50 --> + 2.5
[14:12] <+codehead> nice
[14:13] <+codehead> 8987
[14:13] <@NihabaAshi> Exited Remainder ES Long @ 934.25 --> + 4.25
[14:14] <+codehead> earlier today, said it should hit 8987 if we don't make new low
[14:14] <+szubaark> yea im Bullish now
[14:14] <+szubaark> hopefully doesnt start chopping to death here
[14:16] <+codehead> short small 8982 <paper>
[14:16] <+codehead> stop 8992
[14:17] <+codehead> exit YM +1 <paper>
[14:18] <+codehead> short 1c YM <paper> 8999
[14:18] <PeterPanBoy> Shorts NQ @ 1282 «« paper »»
[14:18] <+codehead> stop 9011 <paper>
[14:19] <+codehead> 9004 wave target
[14:19] <+codehead> hit 9003
[14:19] <+PeterPanBoy> gm to everyone of course..
[14:19] <+codehead> 8955 max target this trade
[14:20] <+PeterPanBoy> Covered 1/2 NQ Short @ 1281 --> + 1 «« paper »»
[14:20] <+jbuch> same here howdy all. hope everyone had great holidays
[14:20] <+codehead> lower stop 8997 <paper>
[14:20] <+PeterPanBoy> Covered Remainder NQ Short @ 1281 --> + 1 «« paper »»
[14:21] <+codehead> stopped +2 <paper>
[14:21] <+PeterPanBoy> Shorts NQ @ 1282 «« paper »»
[14:21] <+codehead> short 1c YM 8995 <paper>
[14:21] <+codehead> stop 9006 <paper>
[14:22] <+codehead> lwoer stop 8991 <paper>
[14:22] <+PeterPanBoy> Covered 1/2 NQ Short @ 1281 --> + 1 «« paper »»
[14:22] <+PeterPanBoy> go down baby
)[14:22] <+codehead> lower stop 8985 <paper>
[14:22] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[14:22] <+PeterPanBoy> Covered Remainder NQ Short @ 1280 --> + 2 «« paper »»
[14:23] <+codehead> stopped +10 YM <paper>
[14:23] <+PeterPanBoy> oh happy nice new year
[14:24] <+PeterPanBoy> Shorts NQ @ 1282 «« paper »»
[14:24] <+PeterPanBoy> same level again
[14:24] <+PeterPanBoy> Covered 1/2 NQ Short @ 1280 --> + 2 «« paper »»
[14:25] <+PeterPanBoy> Covered Remainder NQ Short @ 1280.5 --> + 1.5 «« paper »»
[14:27] <+szubaark> Exited all Long ES at 933.25 --> + 1 «« paper »»
[14:27] <+szubaark> Buys ES @ 935 «« paper »»
[14:33] <+PeterPanBoy> Shorts NQ @ 1284 «« paper »»
[14:33] <+PeterPanBoy> Covered 1/2 NQ Short @ 1283 --> + 1 «« paper »»
[14:33] <+PeterPanBoy> very fast spike
[14:34] <+szubaark> exit stop moved to breakeven ES @ 935 «« paper »»
[14:34] <+szubaark> dont trust this
[14:34] <+szubaark> Exited all Long ES at 935 --> 0 «« paper »»
[14:34] <+kosmipt> volatility decreased dramatically over the past few weeks
[14:34] <+szubaark> geezzz
[14:35] <+PeterPanBoy> Covered Remainder NQ Short @ 1281 --> + 3 «« paper »»
[14:36] <+PeterPanBoy> OK for today I close now
[14:36] <+PeterPanBoy> tomorrow stay more
[14:37] <+PeterPanBoy> thanks all for share and Nihaba for set up this room
[14:37] <+PeterPanBoy> see ya tomorrow
[14:37] <+PeterPanBoy> bye
[14:37] <+jbuch> bye
[14:37] <+PeterPanBoy> bye
[14:44] <+szubaark> Buys ES @ 936.75 «« paper »»
[14:44] <+jbuch> Long SPY @ 93.88 «« paper »»
[14:46] <+codehead> have targts in YM 9047-58 range
[14:46] <+jbuch> Exited all SPY Long @ 94.03 --> + 0.15 «« paper »»
[14:49] <+jbuch> the market is moving so fast i can't move my bracket orders fast enough. need to widen them
[14:52] <+szubaark> trying to get my Stop
([14:54] <+szubaark> phew! that was close
[14:54] <+szubaark> no folowthru, just keeps retracing at every new high to shake out prior Longs
([14:57] <+codehead> short 9029 YM stop 9036 <paper>
[15:00] <+codehead> stopped -7 <paper>
[15:00] <+szubaark> High of day test should be next 942++
[15:00] <+codehead> short 9036 <paper>
[15:01] <+codehead> stop 9061
[15:03] <+codehead> if it gets thru 9058, we may go up into close
[15:03] <+szubaark> we need some Volatility to show up, its just creeping higher, tick by tick
[15:04] <+szubaark> Exited all Long ES at 938 --> + 1.25 «« paper »»
[15:04] <+szubaark>
(([15:04] <+codehead> exit half +15 YM <paper>
[15:05] <+codehead> lower stop on remainder to 9042 <paper>
[15:05] <+werner> Shorts NQ @ 1283.25
[15:05] <+szubaark> Shorts ES @ 937.25 «« paper »»
[15:05] <+codehead> lower stop to 9031 <paper>
[15:06] <+codehead> exit YM +25 <paper>
[15:06] <+werner> Covered all NQ Short @ 1281.25 --> + 2
[15:06] <+codehead> wave target hit
[15:06] <+szubaark> nice code
[15:06] <+szubaark> Covered all Short ES at 936.25 --> + 1 «« paper »»
[15:12] <+werner> mmm... i cant be greedy
[15:12] <+codehead> YM pulled back to 8081--8080 is .500 retracement fo the move off bottom
[15:13] <+codehead> next fib level down at 8065
[15:18] <+szubaark> Shorts ES @ 932.25 «« paper »»
[15:21] <+szubaark> Covered all Short ES at 931.25 --> + 1 «« paper »»
[15:25] <+szubaark> Shorts ES @ 929 «« paper »»
[15:27] <+rickf> short es 931
[15:27] <+szubaark> i jumped the gun
([15:29] <+szubaark> hopefully they dont Stop here and just Chop til end of day
[15:29] <+rickf> me too
[15:29] <+rickf> early
[15:29] <+szubaark> the momentum was there but its just Stops on a dime
[15:30] <+szubaark> but Longs definetly lost confidance
[15:30] <+rickf> out 930.75 +.25
[15:30] <+rickf>
[15:31] <+szubaark> need to hold thru this pullback now
([15:32] <+szubaark> Increasing Profit Targets
[15:33] <+rickf> siill within my risk tolerance on that pullback but i didn't want to risk it this late in the day
[15:33] <+szubaark> second attempt at breaking 942 that fau
[15:33] <+szubaark> failed.. should TANK end of day
[15:35] <+rickf> yeah
[15:35] <+rickf> good patience szu
[15:35] <+szubaark> will need some Volatility to downside or im in trouble too
[15:35] <+szubaark> 3:30 they got to do it soon
[15:36] <+rickf> is why i waited on those candles - didn't chase the first big red one, waited for the bounce
[15:37] <+rickf>
[15:39] <+szubaark> Target below low of day, lots of Stops there
[15:40] <+rickf> i'd target just above that - give myself a margin of error
[15:41] <+szubaark> Covered all Short ES at 931.25 --> - 2.25 «« paper »»
[15:41] <+szubaark> hehe, they shook me out
[15:41] <+rickf> fwiw saying i'd have exited after that first big green candle
[15:42] <+rickf> but that's just me lol
[15:42] <+rickf> now if it retraces BACK down.... d'oh
[15:45] <+szubaark> Buys ES @ 932 «« paper »»
[15:45] <+rickf> ok this smells like stoprunning
[15:47] <+kosmipt> Long ES @ 931 «« simulator »»
[15:48] <+szubaark> Exited all Long ES at 930 --> - 2 «« paper »»
[15:48] <+szubaark> Shorts ES @ 930 «« paper »»
[15:49] <+szubaark> Covered all Short ES at 932.75 --> - 2.75 «« paper »»
[15:49] <+szubaark> ehhh
[15:49] <+szubaark> Buys ES @ 932.75 «« paper »»
[15:49] <+szubaark> crap down for day
[15:50] <+szubaark> too tough
[15:50] <+rickf>
[15:50] <+szubaark> too many zig-zags
[15:51] <+szubaark> Exited all Long ES at 930.75 --> - 2 «« paper »»
[15:51] <+szubaark> Shorts ES @ 930.75 «« paper »»
[15:52] <+szubaark> frikin CHOP
[15:52] <+szubaark> alwatys gets me
[15:52] <+codehead> YM bounced .500 of selloff
[15:53] <+szubaark> TANK
[15:53] <+codehead> within a tick
[15:55] <+jbuch> Long SPY @ 93.4 «« paper »»
[15:55] <+rickf> ok done for day - cable guy finally showed up
[16:01] <+jbuch> Exited all SPY Long @ 93.49 --> + 0.09 «« paper »»
[16:04] <+szubaark> Covered all Short ES at 933.25 --> - 2.5 «« paper »»
[16:05] <+jbuch> got whippy in there
[16:05] <+szubaark> yea i got shaken out 6 times in that Chop
(((([16:06] <+szubaark> frikin small body candles with Wicks=account killer
[16:07] <+szubaark> think ill Stop trading after 3:30, Ive been getting whipsawed huge there lately
[16:08] <+jbuch> those battle zones are difficult. the moves seem to have such conviction but then they reverse just as quickly
[16:10] <+jbuch> alcoa let 13,000 employees go
[16:12] <+kosmipt> Exited all ES Long @ 931.25 --> + 0.25 «« simulator »»
[16:16] <+werner> gn all
[16:28] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[16:30] <+codehead> good trading everyone
[16:31] <+codehead> yeah szu--all of my large-ish down days of the past 4-5 months have been due to taking a trade eod
[16:31] <+codehead> most of them would have gone my way if i held over, but was trading in account that it wasn't allowed
[16:32] <+codehead> held over to re-open i mean--not even to next day
[16:32] <+codehead> you can get squeezes where the price is overdone, but keeps going cuz people must exit
[16:33] <+codehead> so i avoid the end of day
[16:42] <@NihabaAshi> Take care all and see all tomorrow
[16:42] * NihabaAshi is now known as NihabaAshi_away
[16:46] <+jbuch> good night all
[18:31] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
Session Close: Tue Jan 06 19:33:55 2009