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Session Start: Thu Sep 17 09:25:05 2009
Session Ident: #futurestrades
[09:25] * Now talking in #futurestrades
[09:25] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:28] <pat255>
N
[09:29] <drt>
everyone
[09:29] <rickf>
all
[09:30] <+rickf> short es 1063 paper
[09:31] <+rickf> 1062.75 fill paper (testing something)
[09:31] <TraderG> 10:00am USD Philly Fed Manufacturing Index
[09:31] <+TraderG> 10:30am USD Natural Gas Storage
[09:35] <jbuch> morning all
[09:37] <+rickf> out 1064.75 -2 (paper)
[09:37] <@wrbtrader> This market made it's move to the upside starting around 0915am est...before I am ready to trade @ 0930am est
[09:38] <+pat255> y looks like
[09:38] <+rickf> yeaj
[09:38] <@wrbtrader> All we can do now is hope it doesn't go higher without a decent pullback to get Long
[09:42] <@wrbtrader> Shorts ES @ 1062.75 -> large size
[09:42] <@wrbtrader> 9 only
[09:43] <@wrbtrader> sucky entry
[09:44] <+jbuch> Shorts ES @ 1062.75
[09:45] <@wrbtrader> Covered all ES Short @ 1062.75 --> 0
[09:45] <+drt> l es 63
[09:45] <+jbuch> Covered all ES Short @ 1063.25 --> - 0.5
[09:45] <@wrbtrader> may get lucky and catch a better entry as an intuition trade
[09:46] <@wrbtrader> Long ES @ 1063.50 -> large size
[09:46] <@wrbtrader> 9 only
[09:47] <@wrbtrader> theres that Long opportunity for me showning up in a pullback
[09:48] <+jbuch> Long ES @ 1064.25
[09:50] <@wrbtrader> Exited all ES Long @ 1064.75 --> + 1.25
[09:51] <kosmipt>
[09:51] <Forex2stay> morning
[09:51] <@wrbtrader> I'm still bullish and regretting exiting the Long.
[09:51] <@wrbtrader> Long ES @ 1062.25 -> small size
[09:51] <@wrbtrader> 3 only
[09:52] <+drt> cl es 65.50
[09:52] <+rickf> unbelievable long bias these days
[09:52] <+rickf> like a bunch of late comers afraid to miss the move ... are they buying into the top?
[09:52] <+jbuch> Exited all ES Long @ 1065.25 --> + 1
[09:53] <+pat255> vn guys tried a S ...lost :9
[09:53] <@wrbtrader> correction
[09:53] <@wrbtrader> Long ES @ 1065.25 -> small size
[09:54] <+rickf> short es 1066 paper
[09:54] <@wrbtrader> Exited all ES Long @ 1066.50 --> + 1.25
[09:55] <+rickf> out 1066.50 paper = .50
[09:55] <+jbuch> feels like it is about to collapse but just keeps pushing higher.
[09:56] <+rickf> the market in general -- overbought like crazy imho
[10:01] <+jbuch> Shorts ES @ 1067.75
[10:01] <@wrbtrader> be careful...market is very bullish and the economic report release is retracing only on profit taking.
[10:02] <@wrbtrader> Thus, I'm expecting price to go back up after the profit taking.
[10:02] <+jbuch> Covered all ES Short @ 1067.5 --> + 0.25
[10:02] <+jbuch> total impulse entry
[10:03] <+TraderG> [10:02:18] <iNews> 10:02ET DJ *Philadelphia Fed Sep Inventories -18.1 Vs Aug 0.3
[10:04] <+TraderG> 10:00am USD Philly Fed Manufacturing Index 14.1 8.1 4.2
[10:04] <+TraderG> better than expected
[10:04] <+TraderG> so the market tanks
)
[10:05] <+TraderG> but maybe just long enough to piss off some poor souls
[10:05] <+TraderG> and then reverse back up
[10:07] <+TraderG> but then what do i know. i am just providing liquidity to the market.
[10:07] <+TraderG> ie losing $$$
[10:14] <[1]luffy>
[10:14] <OICU812> Good Morning
[10:15] <codehead> short ES 1068.50 <paper> stop 1071.50, target 1066.50
[10:19] <+rickf> i was working those paper trades off a short tick timeframe - didn't like that
[10:19] <+codehead> exit ES +2.00 <paper>
[10:25] <+rickf> short es 1063 paper
[10:30] <+rickf> exit es 1063.75 -.75 paper
[10:31] <+codehead> 1062.5 is key
[10:32] <+codehead> 66-67 need to hold for a try at more down
[10:34] <@wrbtrader> Long ES @ 1064.75 -> small size
[10:34] <@wrbtrader> 3 only
[10:36] <+codehead> 1066.00 is .382, 1067.00 is .500
[10:36] <+codehead> so 1066 is first # short will try
[10:36] <@wrbtrader> Exited all ES Long @ 1065.00 --> + 0.25
[10:37] <@wrbtrader> early exit
[10:37] <@wrbtrader> gotta go...be back later
[10:37] <+rickf> ok experiment over for now ... sticking old chart settings
[10:37] * wrbtrader is now known as wrbtrader_away
[10:56] <+codehead> ES hit .618 at 1068.00
[11:09] <@X> #FuturesTrades Info -> You must read #FuturesTrades purpose and benefits @
viewtopic.php?f=5&t=36 and TOU policy @
viewtopic.php?f=2&t=55 to prevent any misunderstandings.
[11:23] <+TraderG> the calm b4 the storm
[11:29] <+codehead> i see a cluster 1073.75-1074.50
[11:58] <+jbuch> Long ES @ 1063.75
[12:04] <+jbuch> Exited all ES Long @ 1064 --> + 0.25
[12:08] <+jbuch> Long ES @ 1063.5
[12:10] <+jbuch> Exited all ES Long @ 1063 --> - 0.5
[12:18] <+jbuch> Shorts ES @ 1062.25
[12:21] <+jbuch> Covered all ES Short @ 1060 --> + 2.25
[12:21] <+pat255> vn
[12:22] <+jbuch> thanks
[12:30] <+Forex2stay> looks like you are sharp-shooting today jb...fewer trades with more accuracy.
[12:31] <+rickf> wgt jb
[12:31] <+rickf> er wtg
[12:31] <+jbuch> thanks
[12:35] <+jbuch> feel like I am trading poorly tired and slow
[12:43] <+rickf>
[13:01] <+[1]luffy> l 57.75
[13:01] <+[1]luffy> first trade today
[13:02] <+[1]luffy> 3 tick stop
[13:15] * Disconnected
[13:16] * Attempting to rejoin channel #futurestrades
[13:17] * Rejoined channel #futurestrades
Session Close: Thu Sep 17 13:17:36 2009
[13:19] * Now talking in #futurestrades [13:20] <rickf> .
[13:21] <+jbuch> Exited all ES Long @ 1057.75 --> - 1
[13:21] <jigglyhippo> hi all
[13:22] <+jbuch> Hey JH
[13:23] <+jbuch> Long ES @ 1058.75
[13:24] <jigglyhippo> be careful in this zone jb
[13:24] <+jbuch> Exited all ES Long @ 1058.25 --> - 0.5
[13:25] <rickf> heya
[13:26] <+jbuch> Shorts ES @ 1058
[13:26] <+jigglyhippo> Long ES @ 1058
[13:26] <+jigglyhippo> oh no
[13:26] <+jigglyhippo>
[13:26] <+jigglyhippo> stop at 1056
[13:28] <+jigglyhippo> Exited all ES Short @ 1057 --> - 1
[13:28] <+jbuch> Covered all ES Short @ 1056.75 --> + 1.25
[13:28] <+jigglyhippo> nice trade
[13:29] <+rickf> here's that trend day wrbtrader called
[13:29] <+rickf> vn
[13:29] <+jbuch> broke my rules with those 2 longs.
[13:30] <+jigglyhippo> at least you netted .75
[13:30] <+jigglyhippo>
[13:30] <+jbuch> need to take the bull blinders off
[13:31] <+codehead> remember, quad witching tomorrow
[13:31] <+jbuch> what does that mean to u
[13:31] <+codehead> s&p is heavy with puts
[13:31] <+jbuch> volatile dayor flatline
[13:32] <+rickf> spy goes pays its divvy tomorrow i think
[13:32] <+jigglyhippo> i want to try another long here
[13:32] <+codehead> well, it means a) anything can happen, b) expect runs in both directions, c) we're put heavy so not going to completely wash out market
[13:32] <+jigglyhippo> Long ES @ 1057.25
[13:32] <+jigglyhippo> stop 1054
[13:33] <+codehead> 1054.25 is support
[13:33] <+codehead> should find buyse 1054-1055
[13:33] <+codehead> buyers
[13:33] <+jigglyhippo> can take a bit more risk today cause of doing well earlier today
[13:34] <+codehead> i short 1068.78 and 1069.25, unfortunately the first was right before philly fed, took a small loss
[13:34] <+codehead> and didn't jump right back on, and my other short was before breakdown, small win
[13:34] <+jigglyhippo> yeah i shorted at 66.50
[13:35] <+codehead> my problem was i gave up after that
[13:35] <+jigglyhippo> ahhh and then it dropped =/
[13:35] <+codehead> well, i bought some SPXU a little early too, good in that now but was down so influenced me to not add to it with ES short
[13:36] <+jigglyhippo> oh cool
[13:36] <+jbuch> code how is ur double short thing going
[13:36] <+jigglyhippo> as long as you stick to your strat
[13:37] <+jigglyhippo> trying to exit 1/2 at 1058.25
[13:37] <+jigglyhippo> been sitting there =/
[13:38] <+jigglyhippo> Exited 1/2 ES Long @ 1058.25
[13:39] <+jigglyhippo> Exited 1/2 ES Long @ 1058.25 --> + 1
[13:39] <+codehead> cluster 1053.25-.75
[13:43] <+rickf> short es 1059.50 paper
[13:46] <+jigglyhippo> Exited all ES Long @ 1058.75 --> + 1.25
[13:46] <+jigglyhippo> sorry
[13:46] <+jigglyhippo> Exited all ES Long @ 1058.75 --> + 1.5
[13:46] <+jbuch> nice
[13:46] <+jigglyhippo> thanks
[13:47] <+rickf> vn
[13:53] <+[1]luffy> sht i got tagged out... 1 pt stops no good
[13:53] <+[1]luffy> woulda be up alot
[13:53] <+jigglyhippo> stops can really make or break you
[13:53] <+[1]luffy> yea
[13:54] <+[1]luffy> when i'm right and waited all day... get tagged out by 2 ticks.. just dont feel right..
[13:54] <+[1]luffy> no more 1 pt stops
[13:59] <+jbuch> Long ES @ 1060.75
[14:00] <+jbuch> late daughter is rampaging around the house , just learned to walk.
[14:02] <+jbuch> Exited all ES Long @ 1061 --> + 0.25
[14:08] <+jbuch> Long ES @ 1061
[14:10] <+jbuch> Exited all ES Long @ 1061.25 --> + 0.25
[14:14] <+jbuch> Long ES @ 1060.75
[14:16] <+jbuch> exit stop set ES @ 1059.75
[14:20] <+jbuch> Long ES @ 1060.25 -> Add
[14:21] <+jbuch> doesn't look good
[14:23] <+jbuch> moved my stop down 1 tick
[14:30] <+jbuch> what a bitch
[14:40] <+rickf> picked a hell of a time to enter a position -- still short from 59.50 paper
[14:41] <+jbuch> Ifeel ur pain
[14:50] <+jbuch> Exited 1/2 ES Long @ 1062.75 --> + 2.5
[14:54] <+rickf> short es 1063.50 paper (add)
[14:55] <+rickf> 61.50 avg now
[14:55] <+jbuch> Exited Remainder ES Long @ 1063.25 --> + 2.5
[14:57] <jigglyhippo> got disconnected
[15:06] <@wrbtrader> FYI - I won't be trading tomorrow due to 3 day weekend with the family (going bike riding on the waterfront of the St. Lawrence).[15:06] <+jigglyhippo> sounds fun, have a good day wrbtrader
[15:07] <@wrbtrader> thanks
[15:07] <+rickf> enjoy
[15:07] <+rickf> you know me i avoid quad-witch days myself ... too goofy for me
[15:08] <@wrbtrader> Exactly...usually the best price action of a Quad week is the early part of the week (mon, tues or weds)
[15:10] <+rickf> quad expiry has potential for either really boring or really volitale -- just don't want to deal with either
[15:16] <+jbuch> Long ES @ 1062.75
[15:20] <+jbuch> Exited all ES Long @ 1062.25 --> - 0.5
[15:20] <+jbuch> Long ES @ 1062.25
[15:25] <+jbuch> Exited all ES Long @ 1063.75 --> + 1.5
[15:26] <+jbuch> fake out
[15:28] <+jigglyhippo> yep
[15:31] <+jbuch> maybe not
[15:34] <+jbuch> Shorts ES @ 1063.5
[15:35] <+jbuch> screw up
[15:35] <+jigglyhippo> i think youll be good
[15:39] <+jbuch> Covered all ES Short @ 1063.25 --> + 0.25
[15:39] <+jbuch> took a long that I was trying to get rid of at breakeven added an extra short
[15:40] <+jigglyhippo> ahh hate that
[15:45] <+rickf> exit es 1061.25 +.25 paper
[15:45] <+rickf> d.a.m.n.....that took a while to break
[15:46] <+jigglyhippo> now that short is going
[15:46] <+rickf> don't care - my penance for a sloppy entry
[15:47] <+jbuch> Long ES @ 1061.25
[15:51] <+jbuch> Exited all ES Long @ 1060 --> - 1.25
[15:53] <+jbuch> bad entry impulse
[15:56] <+jbuch> Long ES @ 1060.5
[16:00] <@wrbtrader> Long ES @ 1061.75 -> small size
[16:00] <@wrbtrader> 3 only
[16:00] <+jbuch> Exited all ES Long @ 1061.75 --> + 1.25
[16:01] <+jbuch> have a good night all
[16:01] <+jigglyhippo> you too
[16:01] <+rickf> cya
[16:01] <+jigglyhippo> later all
[16:07] <@wrbtrader> Exited all ES Long @ 1062.75 --> + 1
[16:08] <@wrbtrader> FYI - I won't be trading tomorrow due to 3 day weekend with the family (going bike riding on the waterfront of the St. Lawrence).[16:09] <@wrbtrader> Take care all, have a nice weekend and see all on Monday.
[16:09] * wrbtrader is now known as wrbtrader_away
[17:32] <winmax60> have a good time...wrbtrader...
[20:26] <@X> #FuturesTrades Info -> You must read #FuturesTrades purpose and benefits @
viewtopic.php?f=5&t=36 and TOU policy @
viewtopic.php?f=2&t=55 to prevent any misunderstandings.
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