#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: Fri Sep 10 08:57:00 2010
Session Ident: #FuturesTrades
[08:57:00] * Now talking in #FuturesTrades
[08:57:00] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:32:10] <@wrbtrader> Shorts TF @ 633.90 -> small size
[09:32:16] <@wrbtrader> 3 only
[09:32:23] <pat255>
all N
[09:33:32] <+pat255> vn entry N ...as usual ..
[09:34:10] <@wrbtrader> Covered 1/3 TF Short @ 632.30 --> + 1.6
[09:34:38] <@wrbtrader> not out of the woods yet
[09:35:23] <@wrbtrader> trailing stop @ profit
[09:36:30] <@wrbtrader> Covered all TF Short @ 633.40 --> + 0.5
[09:37:35] <@wrbtrader> Long TF @ 632.90 -> small size
[09:37:40] <@wrbtrader> 2 only
[09:38:25] <@wrbtrader> Exited all TF Long @ 632.20 --> - 0.7
[09:38:40] <@wrbtrader> Shorts TF @ 632.00 -> small size
[09:38:46] <@wrbtrader> 3 only
[09:39:03] <@wrbtrader> there's that counter-thrust price action...
[09:39:10] <@wrbtrader> crazy
[09:39:57] <@wrbtrader> Shorts TF @ 633.70 -> Add
[09:40:01] <+pat255> yup TF as usual a beast
[09:40:04] <@wrbtrader> 2 only
[09:40:25] <@wrbtrader> Shorts TF @ 633.00 -> Add
[09:40:29] <@wrbtrader> 2 only
[09:40:33] <@wrbtrader> total 6
[09:41:13] <+pat255> wow v gutsy
[09:43:23] <@wrbtrader> I've been doing (learning) something new this week in an attempt to ADAPT to the weird chop or counter-thrusts...
[09:43:34] <@wrbtrader> More scale ins and scale outs.
[09:43:45] <@wrbtrader> Not good at it yet but still learning
[09:46:26] <@wrbtrader>
[09:46:28] <@wrbtrader> oh oh
[09:46:46] <+pat255> y especially on TF one has to add or else take a stop
[09:47:17] <@wrbtrader> Covered all TF Short @ 634.30 --> - 3.6
[09:47:22] <+pat255> sometimes powerful thrusts
[09:47:28] <+pat255>
[09:49:16] <+pat255> L 1100 ES paper
[09:49:31] <+pat255> just do paper trades @office in this chop
[09:50:08] <@wrbtrader> Long TF @ 634.90 -> small size
[09:50:14] <@wrbtrader> 2 only
[09:50:16] <@wrbtrader> intuition
[09:50:34] <@wrbtrader> Long TF @ 635.90 -> small size
[09:50:43] <@wrbtrader> that's an add
[09:51:26] <+pat255> out 1102
[09:52:38] <Inertia> news in 8 min
[09:52:44] <Time4now> wholesale trade
[09:53:27] <@wrbtrader> Exited 1/2 TF Long @ 637.00 --> + 1.1
[09:54:13] <@wrbtrader> tight trail @ profit
[09:58:22] <@wrbtrader> Covered remainder TF Short @ 636.10 -> +1.20
[09:58:43] <@wrbtrader> market out
[09:58:57] <+pat255> wd good recovery
[10:04:39] <@wrbtrader> Long TF @ 636.10 -> small size
[10:04:43] <@wrbtrader> 3 only
[10:05:43] <@wrbtrader> geeesh...it just doesn't stop with those counter-thrusts
[10:06:35] <@wrbtrader> Exited all TF Long @ 634.70 --> - 1.4
[10:07:40] <@wrbtrader> Long TF @ 635.00 -> small size
[10:07:43] <+pat255> another distribution morning?
[10:07:45] <@wrbtrader> 3 only
[10:08:00] <@wrbtrader> same trade as prior...only difference is a lower price
[10:09:41] <@wrbtrader> Long TF @ 635.50 -> Add
[10:09:46] <@wrbtrader> 3 add
[10:10:41] <@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[10:14:27] <@wrbtrader> Exited 1/2 TF Long @ 636.70 --> + 1.2
[10:15:39] <@wrbtrader> Exited Remainder TF Long @ 635.60 --> + 0.6
[10:15:44] <@wrbtrader>
[10:16:37] <@wrbtrader> Came out today being aggressive...
[10:16:45] <@wrbtrader> So far...no reward
[10:17:27] <+pat255> did well tho
[10:19:29] <@wrbtrader> Long TF @ 636.30 -> small size
[10:19:33] <@wrbtrader> 3 only
[10:19:44] <@wrbtrader> same trade as prior two
[10:19:55] <@wrbtrader> hopefully I can stay in much longer than the prior ones
[10:21:08] <@wrbtrader> Looking for an exit > 637.50
[10:21:33] <@wrbtrader> That was the target of my prior two Long positions
[10:22:59] <@wrbtrader> there's the stall and chop should soon follow
[10:23:30] <+pat255> Es looks like S in this area
[10:24:47] <@wrbtrader> should start seeing levels skipped if it does what it has been doing for the two months
[10:25:22] <+pat255> y TF just skips 3-4 ticks easy
[10:27:32] <@wrbtrader> Exited all TF Long @ 635.40 --> - 0.9
[10:30:33] <@wrbtrader> Long TF @ 635.90 -> small size
[10:30:38] <@wrbtrader> 3 only
[10:30:59] <@wrbtrader> same trade again...haven't given up on these Longs...same target
[10:35:03] <@wrbtrader> Exited all TF Long @ 637.00 --> + 1.1
[10:35:13] <@wrbtrader> market out after the no fill
[10:35:21] <@wrbtrader> be back later...pssst
[10:35:55] <+pat255> later N ...
[11:40:41] <@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[13:10:42] <@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/forum[13:48:15] <Inertia> test
[13:57:12] <@wrbtrader> It's quiet
[14:10:54] <codehead> this is res area for NQ
[14:11:00] <+codehead> 1887.50-1888.00
[14:13:13] <@wrbtrader> Long TF @ 634.20 -> small size
[14:13:30] <+codehead> short NQ 1887.75
[14:13:32] <@wrbtrader> 1 + 1
[14:13:55] <@wrbtrader> intuition
[14:14:46] <@wrbtrader> Been gone most of the trading day...not here when it bounced off the Lows of the intraday that happen to also be a Long signal.
[14:15:16] <+codehead> exit NQ +1.00
[14:15:29] <+codehead> don't like being in opposite direction of the wrbster ;-)
[14:18:55] <@wrbtrader> Exited all TF Long @ 633.40 --> - 0.8
[14:27:17] <+codehead> short 1888.00 NQ <paper>
[14:27:30] <+codehead> seems reasonable, but don't have stomach for it at this time
[14:27:51] <+codehead> 4-6 ticks is failure
[14:28:34] <@wrbtrader> Long TF @ 634.30 -> small size
[14:28:40] <@wrbtrader> 3 only
[14:28:45] <@wrbtrader> same as prior trade
[14:29:07] <+codehead> exit NQ -.75 <paper>
[14:29:43] <+codehead> glad i didn't have stomach for it
[14:29:58] <+codehead> why does this seem like a run to set up for last hour selling?
[14:30:14] <+codehead> not surprised at 1887.50-1888.00, expected that
[14:30:20] <+codehead> but expected more trouble above it
[14:40:42] <@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/forum[14:45:22] <@wrbtrader> Exited all TF Long @ 635.60 --> + 1.3
[14:46:02] <@wrbtrader> I'm downloading movies for the kids while trading...not much else to do with this type of price action
[14:51:34] <+codehead> signal say... possible the up move done, maybe settingup for last hour pressure
[14:52:55] <+codehead> noticed Ym at 10396 was set nice for defending 10400
[14:53:16] <+codehead> need to retest and see how it goes
[14:54:00] <+codehead> 1892.00 is a major symmetry
[14:54:07] <+codehead> hit it
[15:48:19] <@wrbtrader> Shorts TF @ 634.20 -> small size
[15:48:29] <@wrbtrader> 2 only
[15:52:22] <@wrbtrader> Wow...hot price action
[15:52:42] <@wrbtrader> It's moving too fast for me
[15:53:02] <@wrbtrader> That's a joke but this thing is slower than a turtle
[15:58:38] <@wrbtrader> Covered all TF Short @ 633.20 --> + 1
[16:02:19] <@wrbtrader> Long TF @ 633.70 -> small size
[16:02:25] <@wrbtrader> 1 only
[16:02:27] <@wrbtrader> intuition
[16:02:55] <@wrbtrader> Exited TF Long @ 633.50 --> - 0.2
[16:07:21] <@wrbtrader> Take care all and see all on Monday...it was a crappy trading week and I made enough money each day to sushi...
[16:07:40] <+Inertia>
[16:07:42] <@wrbtrader> Mainly due to the crappy price action and some personal distractions.
[16:07:43] <@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[16:07:45] <@wrbtrader>
[16:07:52] <+Inertia> Sushi is good
[16:07:58] <@wrbtrader> agree
[16:08:08] * wrbtrader is now known as wrbtrader_away
Session Close: Fri Sep 10 16:56:52 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
S&P CNX NIFTY Futures
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)
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