#FuturesTrades is
free along with being a serious professional trading chat room and any trader can use the chat room to post their trades or commentaries involving futures, exchange traded funds or forex currencies.
This is not a signal calling chat room nor is the chat room designed to be educational. #FuturesTrades is designed to be a
trade journal for documentation purposes only so that members can have a time stamp archive of trades and market commentaries of each trading day so that they can better understand their broker statements from one trade to the next trade when they review their performance numbers on any given trading day. Yet, you will see members providing useful
trading tips that may or may not help with your trading.
Therefore, we welcome all traders with their own methods or different perspective of the markets as long as they do not violate our
Terms of Use (TOU) Policy.
Thanks for reading the trades or market commentaries that's below and it's highly recommend you make reading of the logs a part of your trading routine because you will sometimes find useful
trading tips not discussed anywhere else online nor in any books.
Posted by M.A. Perry
Trader and Founder of
WRB Analysis (wide range body analysis)
------------------------
Session Start: Wed Jul 28 00:00:00 2010
Session Ident: #FuturesTrades
[00:11:42] <@X> #FuturesTrades Purpose -> 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. More info about the chat room @
http://www.thestrategylab.com/ftchat/forumSession Close: Wed Jul 28 00:55:07 2010
Session Start: Wed Jul 28 00:55:07 2010
Session Ident: #FuturesTrades
[00:55:07] * Disconnected
Session Close: Wed Jul 28 00:55:08 2010
Session Start: Wed Jul 28 09:15:57 2010
Session Ident: #FuturesTrades
[09:15:57] * Now talking in #FuturesTrades
[09:15:57] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:19:18] <rickf>
[09:21:07] <Inertia>
[09:29:02] <pat255>
all
[09:30:02] <drt>
[09:39:30] <+Inertia> news this morning were bad and we r going up ....
???
[09:40:44] <+pat255> y draw in the trick
[09:42:39] <werner> hi all
[09:42:52] <+werner> Shorts NQ @ 1890.00
[09:43:05] <+rickf> hi werner
[09:43:16] <+werner> hi rickf
[09:45:19] <@wrbtrader> Long TF @ 660.10 -> small size
[09:45:23] <@wrbtrader> 3 only
[09:45:32] <+rickf> was that a tumbleweed rolling across my chart? yawn.
[09:47:52] <+werner> Covered all NQ Short @ 1886.75 --> + 3.25
[09:48:30] <+werner> brb
[09:49:50] <@wrbtrader> Exited all TF Long @ 660.00 --> - 0.1
[09:50:18] <+pat255> good recovery thinking L but not sure now
[09:50:24] <@wrbtrader> got some problems on that trade...best to get out for a minute
[09:51:56] <@wrbtrader> Long TF @ 660.00 -> small size
[09:52:01] <@wrbtrader> 3 only
[09:52:33] <@wrbtrader> intuition after prior trade had some equipment problems (one of my monitors went into
mode)
[09:52:35] <@wrbtrader>
[09:52:59] <+rickf> fate telling you something? the TF Troll working for you today?
[09:53:13] <@wrbtrader> Exited all TF Long @ 658.80 --> - 1.2
[09:53:31] <+pat255> wow look at the drops
[09:53:36] <+rickf> yah
[09:54:42] <+pat255> 1104.5 S on Es
[09:55:03] <@wrbtrader> Shorts TF @ 658.60 -> medium size
[09:55:16] <@wrbtrader> 4 only
[09:56:18] <@wrbtrader> oh oh
[09:57:08] <@wrbtrader> Covered all TF Short @ 659.40 --> - 0.8
[10:00:22] <+rickf> ;(
[10:01:22] <@wrbtrader> I tried 2 Longs in this area of the 660.10
[10:01:26] <@wrbtrader> got nothing but chop
[10:01:39] <+rickf> indeed
[10:03:51] <@wrbtrader> Shorts TF @ 659.70 -> small size
[10:03:58] <@wrbtrader> 3 only
[10:05:08] <+rickf> SEC Says New FinReg Law Exempts It From Public Disclosure
[10:05:15] <+rickf>
http://www.foxbusiness.com/markets/2010 ... sure/print[10:05:22] <+Inertia>
http://my.jetscreenshot.com/demo/20100728-qnod-61kb[10:09:53] <+rickf> short tf 658.1 paper
[10:11:07] <@wrbtrader> That's more than a support failure...
[10:11:14] <@wrbtrader> There must be news related
[10:12:02] <@wrbtrader> Covered all TF Short @ 657.50 --> + 2.2
[10:12:09] <+pat255> no news news was at 9AM
[10:12:13] <+pat255> vn
[10:13:02] <@wrbtrader> If it's not news...than I'm looking for further declines via that support failure
[10:13:13] <+pat255> looks like
[10:13:16] <+rickf> exit TF 656.7 +1.5 paper
[10:13:31] <+pat255> vn rick
[10:13:35] <+rickf> ty
[10:14:07] <+rickf> would have trailed but don't have easy wayto do it automatically
[10:14:41] <+rickf> actually +1.4 paper .... can't do math-on-the-fly
[10:15:18] <@wrbtrader> Shorts TF @ 656.60 -> small size
[10:15:24] <@wrbtrader> 2 only
[10:15:26] <@wrbtrader> intuition
[10:17:56] <@wrbtrader> Covered all TF Short @ 656.80 --> - 0.2
[10:20:19] <@wrbtrader> Shorts TF @ 656.10 -> small size
[10:20:23] <@wrbtrader> 3 only
[10:20:29] <@wrbtrader> punks
[10:20:41] <@wrbtrader> Shorts TF @ 655.50 -> Add
[10:20:51] <@wrbtrader> 3 added
[10:20:55] <@wrbtrader> intuition
[10:26:49] <@wrbtrader> Covered 1/2 TF Short @ 655.10 --> + 0.4
[10:28:08] <+rickf> news soon
[10:29:42] <@wrbtrader> Covered Remainder TF Short @ 655.70 --> + 0.4
[10:30:40] <@wrbtrader> they wanted me out badly...greedy punks
[10:31:15] <+rickf> looks like surplus in crude
[10:31:33] <+rickf> Crude oil inventories (weekly change) 0.4 M barrels prior 7.3 M barrels
[10:32:22] <+rickf> these guys can't estimate this stuff to save their lives ... they've been MAJORLY wrong more often than not in recent weeks
[10:33:08] <@X> #FuturesTrades Purpose -> 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. More info about the chat room @
http://www.thestrategylab.com/ftchat/forum[10:34:26] <@wrbtrader> Shorts TF @ 654.60 -> small size
[10:34:32] <@wrbtrader> 3 only
[10:34:35] <@wrbtrader> intuition
[10:35:30] <@wrbtrader> bad trade...trying to do a Houdini Escape
[10:38:40] <@wrbtrader> Covered all TF Short @ 655.30 --> - 0.7
[10:41:06] <+rickf> back later this afternoon ... meetings
[10:41:09] * rickf is now known as rickf_away
[10:44:11] <@wrbtrader> TF has a new support but it's about 3 points wide...that's a lot of room for losses on the Long side and still be right about the direction
[10:45:59] <+pat255> N on what tf your comment?
[10:46:35] <@wrbtrader> 1min, 2min, 3min and 5mn
[10:46:44] <+pat255> k ty
[10:57:08] <@wrbtrader> Long TF @ 656.30 -> small size
[10:57:15] <@wrbtrader> 2 only
[10:58:58] <@wrbtrader> Exited all TF Long @ 655.30 --> - 1
[10:59:30] <@wrbtrader> Long TF @ 655.40 -> small size
[10:59:39] <@wrbtrader> 2 only
[10:59:43] <@wrbtrader> intuition
[11:05:37] <@wrbtrader> Exited all TF Long @ 655.00 --> - 0.4
[11:05:52] <@wrbtrader> Shorts TF @ 654.90 -> medium size
[11:05:55] <@wrbtrader> 4 only
[11:10:42] <@wrbtrader> Covered 1/2 TF Short @ 653.90 --> + 1
[11:13:09] <@wrbtrader> 3 of my losing trades today were Shorts
[11:13:48] <@wrbtrader> Covered Remainder TF Short @ 654.70 --> + 0.2
[11:14:06] <@wrbtrader> The first Short of the day around 0955am @ 658.60 on 4 contracts
[11:14:44] <@wrbtrader> small loss but the point is this price action today is very tough to stay in a Short position due to the choppy retracements
[11:14:58] <+pat255> y
[11:17:13] <@wrbtrader> Shorts TF @ 654.50 -> small size
[11:17:17] <@wrbtrader> 2 only
[11:17:19] <@wrbtrader> intuition
[11:17:44] <@wrbtrader> there's that quick retracement that's been taking out Long positions all day
[11:18:55] <+pat255> y oh man s working better right those retracements
[11:21:54] <@wrbtrader> Covered all TF Short @ 653.20 --> + 1.3
[11:22:27] <@wrbtrader> first back to back winners all day
[11:22:33] <@wrbtrader> finally doing something right
[11:23:17] <@wrbtrader> Long TF @ 653.80 -> small size
[11:23:21] <@wrbtrader> 1 only
[11:23:32] <@wrbtrader> intuition (late again)
[11:28:19] <@wrbtrader> Exited all TF Long @ 653.90 --> + 0.1
[11:29:03] <@wrbtrader> kepted a tight trail on that after it got above 654.20
[11:29:50] <@wrbtrader> 4 losing long positions today and that was the first winner
[11:30:12] <+pat255> retracements killing in both directions
[11:33:43] <+pat255> no trade today ..
[11:33:50] <+pat255> was L biased this AM..
[11:34:01] <+pat255> trend is down since this AM ..
[11:34:12] <+pat255> S is the right way
[11:34:40] <@wrbtrader> Long TF @ 654.20 -> small size
[11:34:45] <@wrbtrader> 1 only
[11:35:26] <@wrbtrader> after 4 losing long positions...I'm going to keep my Longs small size only (1 contract) and look for quick profits (wont hold the position too long)
[11:35:29] <@wrbtrader> intuition trade
[11:36:34] <@wrbtrader> Exited TF Long @ 654.90 --> + 0.7
[11:37:53] <@wrbtrader> adapting the trade management seems to be the key for today's trading session
[11:45:08] <+pat255> y
[12:03:08] <@X> #FuturesTrades Purpose -> 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. More info about the chat room @
http://www.thestrategylab.com/ftchat/forum[12:19:35] <Nesi> hi all
[12:37:48] <@wrbtrader> Stuck in a range since 1120am est
[12:43:15] <codehead> NQ 1878.00 is .382, and sitll buyers sitting there so far
[12:49:14] <+codehead> potential vegas on ES
[12:49:50] <+codehead> meaning at trigger for down
[13:03:55] <+codehead> NQ channel top is .382 btw
[13:29:55] <+codehead> 1874.00, 1871.50, 1865.00 next levels
[13:30:09] <@X> #FuturesTrades Purpose -> 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. More info about the chat room @
http://www.thestrategylab.com/ftchat/forum[13:31:56] <+codehead> long NQ 1874.25
[13:32:23] <+codehead> exit +1, i'm not in the mood to gamble
[13:32:30] <+codehead> ahead of beige
[13:57:10] <+rickf_away> back
[13:57:13] * rickf_away is now known as rickf
[14:01:57] <@wrbtrader> be careful on Long positions
[14:02:49] <@wrbtrader> Long TF @ 654.00 -> small size
[14:02:54] <@wrbtrader> 2 only
[14:02:58] <@wrbtrader> intuition
[14:06:22] <+rickf> came 2 ticks from a long entry.
[14:07:39] <@wrbtrader> Exited all TF Long @ 655.20 --> + 1.2
[14:07:53] <+rickf> long tf 655 paper
[14:20:43] <+rickf> put at 652 -3 paper on 1 ct
[14:20:51] <@wrbtrader> that's a lot of downside pressure
[14:21:40] <Time4now> no signals to capitalize on it?
[14:25:18] <+rickf> short tf 650.7
[14:25:21] <+rickf> paper
[14:49:37] <+rickf> exit tf 649.5 +1.2 paper
[14:50:02] <+rickf> holding 1 ... half exit
[14:53:05] <+rickf> out 650.5 + .2 paper
[15:00:09] <@X> #FuturesTrades Purpose -> 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. More info about the chat room @
http://www.thestrategylab.com/ftchat/forum[15:00:52] <+Inertia>
http://my.jetscreenshot.com/demo/20100728-e4sn-55kb[15:00:59] <+Inertia> a lucky break
[15:01:06] <+Inertia> I am done 4 2day. bye
[15:14:23] <+werner> Long NQ @ 1866.00
[15:21:54] <+werner> Exited all NQ Long @ 1866.00 --> 0
[15:22:58] <+werner> Long NQ @ 1867.00
[15:23:43] <+werner> Exited all NQ Long @ 1869.00 --> + 2
[15:25:04] <@wrbtrader> ok...just got bakc
[15:25:08] <@wrbtrader> back
[15:30:28] <@wrbtrader> Long TF @ 648.80 -> small size
[15:30:38] <@wrbtrader> 3 only
[15:35:34] <@wrbtrader> Exited all TF Long @ 649.00 --> + 0.2
[15:35:53] <@wrbtrader> levels are very thin with low volatility
[15:37:04] <@wrbtrader> I see a slow developing creeper up movement
[15:37:42] <Sidhartha> I have the same feeling
[15:38:03] <+rickf> i'll take the opposite view
[15:39:53] <@wrbtrader> TF needs to hold here to prevent dropping down to the 647.70
[15:45:40] <@wrbtrader> Long TF @ 649.60 -> small size
[15:45:47] <@wrbtrader> 1 only
[15:45:50] <@wrbtrader> intuition
[15:46:29] <@wrbtrader> 3rd trade error today
[15:46:36] <+rickf> join the club
[15:48:03] <@wrbtrader> Exited TF Long @ 650.00 --> + 0.4
[15:51:37] <@wrbtrader> support failure
[15:52:44] <@wrbtrader> Shorts TF @ 648.90 -> small size
[15:52:58] <@wrbtrader> 1 only
[15:53:08] <@wrbtrader> intuition
[15:56:09] <@wrbtrader> Covered TF Short @ 649.50 --> - 0.6
[15:56:09] <@wrbtrader> Reverse and Enter Long TF @ 649.50
[15:57:08] <@wrbtrader> Long TF @ 649.40 -> Add
[15:58:16] <@wrbtrader> Exited all TF Long @ 649.20 --> - 0.5
[15:59:45] <@wrbtrader> Long TF @ 649.50 -> small size
[15:59:50] <@wrbtrader> 3 only
[16:00:00] <@wrbtrader> 4pm rush hour traffic
[16:00:06] <+rickf> ding
[16:04:24] <@wrbtrader> feels like yesterday's 4pm est rush
[16:06:31] <+werner> gn all
[16:06:35] <@wrbtrader> Exited all TF Long @ 650.00 --> + 0.5
[16:06:39] <+rickf> gn
[16:06:42] <+rickf> see y'all tomorrow
[16:12:15] <@wrbtrader> I won't expect much out of the next few trading days if we stay within Monday's price range
[16:12:34] <@wrbtrader> Hopefully there's a breakout (up or down) out of that range.
[16:27:10] <@X> #FuturesTrades Purpose -> 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. More info about the chat room @
http://www.thestrategylab.com/ftchat/forumSession Close: Wed Jul 28 18:35:03 2010
-------------------------
#FuturesTrades is
free and is a serious professional trading chat room in which any trader can use the chat room to post their trades or commentaries involving futures, exchange traded funds or forex currencies. Simply, you don't need to be a client of TheStrategyLab.com to use the chat room nor do you need to be a price action only trader (no indicators) because some members use indicators while others do not.
Therefore, we welcome all traders with their own methods and different perspective of the markets. To gain access to #FuturesTrades...please follow the instructions at the below link.
http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=5The purpose of #FuturesTrades is that it's designed to be a
trade journal for documentation purposes only so that members can have a time stamp archive of trades and market commentaries of each trading day so that they can better understand their broker statements from one trade to the next trade when they review their performance numbers on any given trading day.
Further, members are not obligated to educate nor help other members but members are encourage to ask questions about any trades or market commentaries that's posted by others.
In addition, our primary job in the
free chat room is to moderate the room (keep the peace) because with so many members using different methods along with different opinions about the market...debates or arguments can easily flare up without moderating. In addition, our presence in the chat room is to ensure it's a
spam free chat room during trading although these archived chat logs may contain advertisments for guest visitors. More information about #FuturesTrades @
http://www.thestrategylab.com/FuturesTradesChatRoom.htm Commonly discussed trading instruments from futures, exchange traded funds and forex currencies:
CME Emini Futures EMD, ES and NQ
ICE Emini TF Futures (formerly CME ER2)
CBOT mini-sized Dow Futures YM
Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50
Eurex Fixed Income Derivatives (futures) BUND, BOBL and Schatz
Euronext Futures FTSE-100 and CAC-40
CME Futures EuroFX 6E and EC
Treasury Futures T-Notes ZT, ZN, ZF and T-Bonds ZB
Forex Currencies GBPUSD, EurUsd, EurYen and UsdCdn
Exchange Traded Funds VXX, DIA, IWM, QQQQ, SPY, BGU, FAS, FAZ, TNA, OIH, XLE and GLD
NYMEX Energy Futures Light Crude Oil CL, e-miNY QM and Natural Gas NG
COMEX Metal Futures Gold GC, mini-Gold YG, Copper HG and Silver SI
Hang Seng Index Futures HSI and mini-Hang Seng MHI
Also, to prevent the usual mix-up about our different chat rooms, most of our fee-base clients do not use chat rooms just like most retail traders do not use chat rooms. Yet, the few clients that do use chat rooms, our fee-base clients are discussing market analysis or trade signals via concepts from our strategies in the
private chat rooms called
#VolatilityTradingTSL or
#SwingTradingTSL and they're not allowed to do such in #FuturesTrades.
Reminder, our
Terms of Use (TOU) Policy is a must read to prevent any misunderstandings along with revealing that #FuturesTrades is a serious professional trading chat room and we expect members to act
professional. Also, these logs may have been edited (rarely) to remove any messages that a member has complained to me via private message that they consider a particular commentary to be inappropriate, offending or too far in the off topic area that's a distraction when the commentary was posted.
Note: All logs regardless to their location at TheStrategyLab.com website are eastern standard time. Best Regards,
M.A. Perry
Trader and Founder of
WRB Analysis (wide range body analysis)
@
http://twitter.com/wrbtrader or http://stocktwits.com/wrbtrader Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
questions@thestrategylab.comGo Back To TheStrategyLab.com Homepage
