Session Start: Mon Apr 20 09:12:22 2009
Session Ident: #futurestrades
[09:12] * Now talking in #futurestrades
[09:12] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:15] <rickf>
wrbtrader[09:32] <+rickf> short es 852
[09:33] <@NihabaAshi> Good morning all
[09:33] <+rickf>
[09:33] <kosmipt>
[09:33] <@NihabaAshi> Another big price movement before the 0930am est regular trading hours
[09:33] <szubaark>
[09:34] <+kosmipt> yeah, huge trend in european indices
[09:34] <+kosmipt> Shorts ES @ 849.50 «« simulator »»
[09:35] <+rickf> exit es 849.50 +2.50
[09:35] <+kosmipt> looking for a crash righ off the opening
[09:37] <+kosmipt> Covered all ES Short @ 850.50 --> - 1 «« simulator »»
[09:37] <werner>
all[09:37] <+kosmipt> will wait for better signal
[09:37] <+rickf> hi werner
[09:37] <+werner> hi rickf
[09:38] <+kosmipt> Shorts ES @ 850 «« simulator »»
[09:38] <drt> s es 49.75
[09:41] <+kosmipt> Shorts ES @ 849.25 -> Add «« simulator »»
[09:42] <+kosmipt> Covered 1/2 ES Short @ 848 --> + 1.25 «« simulator »»
[09:42] <+drt> cs es 47.75
[09:44] <+kosmipt> 846 target
[09:44] <+kosmipt> which is S2
[09:46] <+kosmipt> out
[09:46] <+kosmipt> Covered Remainder ES Short @ 846 --> + 4 «« simulator »»
[09:46] <+szubaark> nice
[09:46] <+kosmipt> thx
[09:48] <+rickf> wtg
[09:53] <codehead> long ES 845.25
[09:53] <+codehead> look for exit if touch 844.25
[09:55] <+rickf> kind of a weird opening decline going here, eh?
[10:01] <TraderG> as in - prices r going DOWN instead of UP?
[10:02] <@NihabaAshi> Shorts ES @ 843.25 -> medium size
[10:02] <@NihabaAshi> 4 only
[10:05] <@NihabaAshi> Covered all ES Short @ 843.75 --> - 0.5
[10:09] <@NihabaAshi> Shorts ES @ 844.25 -> medium size
[10:09] <@NihabaAshi> 4 only
[10:10] <@NihabaAshi> trailing stop @ profit
[10:11] <@NihabaAshi> Covered all ES Short @ 843.75 --> + 0.5
[10:11] <@NihabaAshi>
[10:15] <@NihabaAshi> Shorts ES @ 842.50 -> medium size
[10:15] <@NihabaAshi> 4 only
[10:15] <@NihabaAshi> intuition
[10:17] <@NihabaAshi> Covered all ES Short @ 841.75 --> + 0.75
[10:17] <szubaark> slow,controlled selling
[10:18] <+szubaark> hopefully the condolidation chop ranges wont be too bad
[10:18] <pat255> not much of a p/b
[10:19] <+pat255> geez all drop/up happen pre mkt now a days
[10:19] <+szubaark> yea just imagine if you were holding overnight from that Friday's rally..ouch!
[10:22] <+rickf> anyone long over the weekend was imho stupid ... we were seriously overbought
[10:22] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[10:22] <+rickf> er long and un-hedged
[10:26] <+rickf> i added to my sds hedge last week, sold a bunch of calls, and my trades today were both short
[10:27] <+rickf> 30% spike in a month, i just had a bad feeling about a pullback
[10:27] <+rickf> plus the chart kind of suggested that as well. we'll see
[10:28] <+pat255> sds?
[10:28] <+pat255> as a hedge?
[10:28] <+rickf> yes
[10:29] <+pat255> what is sds?
[10:29] <+rickf> ultrashort 2x spx
[10:29] <+rickf> etf
[10:29] <+pat255> ty
[10:29] <+rickf> np
[10:29] <+rickf> sso is ultralong, sds is ultrashort
[10:31] <+szubaark> Shorts ES @ 840.75 «« paper »»
[10:32] <+szubaark> Covered all Short ES at 840.75 --> 0 «« paper »»
[10:33] <+szubaark>
[10:55] <+rickf> back in a bit
[11:06] <@NihabaAshi> Shorts ES @ 836.50 -> medium size
[11:06] <@NihabaAshi> 4 only
[11:06] <@NihabaAshi> Covered all ES Short @ 837.00 --> - 0.5
[11:08] <@NihabaAshi> Shorts ES @ 837.75 -> medium size
[11:08] <@NihabaAshi> 4 only
[11:08] <@NihabaAshi> prior trade was a trade error
[11:13] <@NihabaAshi> trailing stop @ profit
[11:15] <@NihabaAshi> Covered all ES Short @ 837.50 --> + 0.25
[11:31] <winmax60> Long ES @ 839 -> small size «« simulator »»
[11:33] <+winmax60> Exited all ES Long @ 838.5 --> - 0.5 «« simulator »»
[11:36] <@NihabaAshi> Shorts ES @ 837.75 -> small size
[11:36] <@NihabaAshi> 2 only
[11:37] <@NihabaAshi> Covered all ES Short @ 838.50 --> - 0.75
[11:43] <+szubaark> Shorts ES @ 837.25 «« paper »»
[11:46] <@NihabaAshi> Long ES @ 837.00 -> small size
[11:46] <@NihabaAshi> 2 only
[11:48] <@NihabaAshi> These are the worst types of trend days (up or down) where the counter-thrusts are very shallow with lots of volatility contraction...
[11:48] <@NihabaAshi> Making it tough to trade with the trend.
[11:51] <+szubaark> exit stop set ES @ 838.25 «« paper »»
[11:53] <+szubaark> Covered all Short ES at 838.25 --> - 1 «« paper »»
[11:53] <+szubaark> even tough going with trend
[11:54] <@NihabaAshi> Exited all ES Long @ 839.00 --> + 2
[11:58] <+rickf> back
[11:59] <+szubaark> Shorts ES @ 837 «« paper »»
[12:03] <+szubaark> Tightening Stop
[12:11] <+szubaark> exit stop set ES @ 836.75 «« paper »»
[12:12] <+szubaark> Covered all Short ES at 836.25 --> + 0.75 «« paper »»
[12:12] <+szubaark> lost my patience
[12:13] <+szubaark> we cosolidated for almost an hour only to drop lower by 1 Point
))[12:25] <+szubaark> Shorts ES @ 835.50 «« paper »»
[12:28] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[12:31] <+szubaark> Lets see if i can catch a WRB spike
[12:36] <+szubaark> Covered all Short ES at 837 --> - 1.5 «« paper »»
[12:39] <+szubaark> Shorts ES @ 835.25 «« paper »»
[12:45] <+szubaark> Covered all Short ES at 836.50 --> - 1.25 «« paper »»
[12:45] <+szubaark> Buys ES @ 836.50 «« paper »»
[12:56] <+szubaark> Expecting spike soon, hopefully to upside, im Long
[13:01] <+szubaark> Exited all Long ES at 836 --> - 0.5 «« paper »»
[13:02] <+szubaark> Shorts ES @ 836 «« paper »»
[13:09] <@NihabaAshi> Shorts ES @ 834.75 -> medium size
[13:09] <@NihabaAshi> 4 only
[13:12] <@NihabaAshi> Covered all ES Short @ 833.75 --> + 1
[13:13] <@NihabaAshi> Be back later...had an ext problem on that trade and some data problems...same problems that caused me to miss the first 30 mins of trading today.
[13:14] <@NihabaAshi> Thus, early exit and with take a break from trading.
[13:14] * NihabaAshi is now known as NihabaAshi_away
[13:14] <+rickf>
[13:18] <+szubaark> Covered all Short ES at 833 --> + 3 «« paper »»
[13:19] <+rickf> vn
[13:19] <+szubaark> thnx..
[13:19] <+szubaark> dont like it when its stalling..
[14:11] <+szubaark> Shorts ES @ 832.75 «« paper »»
[14:19] <+szubaark> Covered all Short ES at 833.75 --> - 1 «« paper »»
[14:22] <+rickf> this is a weird day
[14:24] <Nesi> hi all, nice to be back!!!!!!!!!!!11
[14:24] <+rickf> heya
[14:24] <+szubaark> hi,where u been? u gonna bring papajohn back with you?
[14:24] <+Nesi> i have been sick
[14:24] <+szubaark> new year, all new faces
)[14:24] <+Nesi> i missed this room BIG time
[14:25] <+rickf> wb
[14:26] <+szubaark> Shorts ES @ 832.25 «« paper »»
[14:26] <+szubaark> pulled back just enough to shake me out of my prior Short
[14:28] <+szubaark> Covered all Short ES at 834 --> - 1.75 «« paper »»
[14:31] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[14:32] <+szubaark> not gonna touch this after 3:30, they could do a real SLIME job on this
[14:33] <+Nesi> tight range
[14:36] <+szubaark> Shorts ES @ 832.25 «« paper »»
[14:37] <+kosmipt> Long ES @ 832 «« simulator »»
[14:41] <+szubaark> uh huh
[14:42] <+kosmipt> Exited all ES Long @ 832.75 --> + 0.75 «« simulator »»
[14:42] <+szubaark> Covered all Short ES at 833.25 --> - 1 «« paper »»
[14:42] <+szubaark> gezzz
[14:45] <+rickf> short es 834
[14:47] <+rickf> out 33.50 +.50
[14:48] <+rickf> still looking lower tho
[14:48] <+szubaark> touch to catch anything as pullbacks are well timed
[14:49] <+rickf> nah i got in too early on that one
[14:49] <+kosmipt> too freaking slow
[14:49] <drt> l es 33.50
[14:52] <+szubaark> Shorts ES @ 833 «« paper »»
[14:57] <+szubaark> Volatility Increasing
[14:57] <+kosmipt> Long ES @ 830.75 «« simulator »»
[14:59] <+kosmipt> Exited all ES Long @ 830.75 --> 0 «« simulator »»
[15:00] <+kosmipt> Long ES @ 830.75 «« simulator »»
[15:01] <+kosmipt> Exited all ES Long @ 831.25 --> + 0.5 «« simulator »»
[15:05] <+Nesi> Long ES @ 831.75 «« simulator »»
[15:07] <+kosmipt> if the market doesn't give you nice retracement before 3.15 theres a good chance of short squeeze into the close
[15:08] <+szubaark> yea thats why im gonna finish around 3:30 as i suspect a major slime job
[15:09] <+rickf> the more predictable the market during the day the more scared i get about games going intothe close
[15:09] <+szubaark> Covered all Short ES at 832 --> + 1 «« paper »»
[15:11] <+Nesi> exit stop set ES @ 830.00 «« simulator »»
[15:11] <+drt> cl es 32.50
[15:16] <+szubaark> Shorts ES @ 831.25 «« paper »»
[15:17] <+Nesi> Long ES @ 831.75 «« simulator »»
[15:17] <+Nesi> that is a mistake
[15:17] <+Nesi> disregard that
[15:17] <+Nesi> i am still short
[15:17] <+kosmipt> it looks like most pros that made $ on that morning selloff took the rest of the day off, and now we're having newbs trading against another newbs
[15:18] <+Nesi> i meant...still long....gezzz...sorry
[15:19] <+kosmipt> buy stop to enter long ES @ 832.50 «« simulator »»
[15:19] <+szubaark> Covered all Short ES at 831.25 --> 0 «« paper »»
[15:20] <+kosmipt> buy stop to enter long ES @ 832 «« simulator »»
[15:20] <+Nesi> i still have my hard stop set at 830
[15:22] <+Nesi> Exited all ES Long @ 830 --> - 1.75 «« simulator »»
[15:22] <+szubaark> Shorts ES @ 830 «« paper »»
[15:22] <+kosmipt> Long ES @ 830.75 «« simulator »»
[15:23] <+kosmipt> Long ES @ 831.50 -> Add «« simulator »»
[15:23] <+Nesi> Long ES @ 831.75 «« simulator »»
[15:23] <+Nesi> exit stop set ES @ 830.00 «« simulator »»
[15:25] <+kosmipt> Exited 1/2 ES Long @ 831 --> - 0.5 «« simulator »»
[15:26] <+kosmipt> Exited Remainder ES Long @ 830.50 --> - 0.25 «« simulator »»
[15:31] <+kosmipt> Long ES @ 831.25 «« simulator »»
[15:31] <+szubaark> Covered all Short ES at 831.25 --> - 1.25 «« paper »»
[15:31] <+kosmipt> Long ES @ 832 -> Add «« simulator »»
[15:31] <+szubaark> Buys ES @ 832.50 «« paper »»
[15:31] <+kosmipt> Exited 1/2 ES Long @ 833 --> + 1 «« simulator »»
[15:31] <+szubaark> 3 ticks too slow
[15:32] <+kosmipt> 834 tgt
[15:32] <+kosmipt> out
[15:32] <+kosmipt> Exited Remainder ES Long @ 834 --> + 2.75 «« simulator »»
[15:32] <+szubaark> nice kosss
[15:33] <+kosmipt> thaanks
[15:33] <+kosmipt> done for the day
[15:35] <+szubaark> Exited all Long ES at 833.50 --> + 1 «« paper »»
[15:39] <tomosyn57> Shorts SSO @ 21.78
[15:40] <+tomosyn57> exit stop set SSO @ 21.76
[15:40] <+tomosyn57> exit stop lowered SSO @ 21.72
[15:41] <+tomosyn57> exit stop lowered SSO @ 21.70
[15:41] <+tomosyn57> Trailing Stop Hit SSO @ 21.70 --> + 0.08
[15:45] <+tomosyn57> Shorts SSO @ 21.76
[15:46] <+tomosyn57> Covered all SSO Short @ 21.78 --> - 0.02
[15:51] <+szubaark> Shorts ES @ 831.75 «« paper »»
[15:53] <+szubaark> Covered all Short ES at 831.50 --> + 0.25 «« paper »»
[15:56] <+szubaark> Shorts ES @ 830.50 «« paper »»
[15:58] <+szubaark> exit stop moved to breakeven ES @ 830.50 «« paper »»
[16:00] <+szubaark> Covered all Short ES at 830.50 --> 0 «« paper »»
[16:00] <+szubaark> too frustrating trying to trade this today
[16:01] <+szubaark> always pulls back to whack my Stop
[16:13] * Forex2stay is now known as Forex2stay_Away
[16:17] <+werner> gn all
[16:37] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
[18:41] <@X> #FuturesTrades Info -> Archived trade posting chat logs have a new location. They are now stored @ viewforum.php?f=20
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