#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: Thu Sep 09 08:39:57 2010
Session Ident: #FuturesTrades
[08:39:57] * Now talking in #FuturesTrades
[08:39:57] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[08:59:02] <@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[09:29:48] <drt>
everyone
[09:31:59] <Inertia> good morning
[09:32:58] <@wrbtrader> Another BIG GAP to the upside on the regular session charts
[09:33:03] <@wrbtrader> geeesh...unreal
[09:33:24] <@wrbtrader> That's the volatility right there in those BIG GAPS...
[09:34:03] <@wrbtrader> Next, after the open it's just crappy volatility because the market finds it very hard to find other outbursts (volatility)
[09:35:55] <pat255>
all
[09:36:05] <+pat255> @office today
[09:38:12] <@wrbtrader> Shorts TF @ 638.60 -> small size
[09:38:18] <@wrbtrader> 2 only
[09:38:47] <+pat255> new contract N?
[09:38:59] <@wrbtrader> today is rollover
[09:39:08] <+pat255> k ty
[09:40:17] <@wrbtrader> Covered all TF Short @ 639.60 --> - 1
[09:45:18] <@wrbtrader> Shorts TF @ 638.80 -> small size
[09:45:23] <@wrbtrader> 3 only
[09:50:59] <@wrbtrader> Covered 2/3 TF Short @ 637.30 --> + 1.5
[09:51:38] <@wrbtrader> Shorts TF @ 637.50 -> Add
[09:52:05] <@wrbtrader> 2 only
[09:52:52] <@wrbtrader> intuition
[09:55:42] <@wrbtrader> Covered all TF Short @ 638.40 --> - 0.5
[09:56:10] <@wrbtrader> -0.9 on 2 contracts and +0.4 on 1 contract
[09:58:09] <@wrbtrader> Shorts TF @ 638.20 -> small size
[09:58:19] <@wrbtrader> 2 only
[10:02:22] <@wrbtrader> Covered all TF Short @ 638.80 --> - 0.6
[10:02:38] <@wrbtrader> ooops
[10:02:55] <@wrbtrader> Covered all TF Short @ 637.80 --> + 0.4
[10:05:25] <@wrbtrader> ranging...that's all
[10:05:32] <+pat255> y
[10:12:24] <@wrbtrader> support failure
[10:15:12] <@wrbtrader> Shorts TF @ 635.50 -> small size
[10:15:21] <@wrbtrader> 3 only
[10:15:25] <@wrbtrader> intuition
[10:16:21] <@wrbtrader> jumpy bean today
[10:17:17] <@wrbtrader> hard stops within a 5 tick range is a joke
[10:17:28] <@wrbtrader> easily stolen
[10:18:06] <@wrbtrader> 1030am est EIA Petroleum Status Report getting closer
[10:18:50] <@wrbtrader> meant Natural GAS @ 1030am and Petroleum Status @ 1100am est
[10:18:53] <+pat255> office noise helping ..
[10:19:53] <@wrbtrader> see how this thing counter-thrust upwards like a "ping ball" and then dropped...
[10:20:10] <@wrbtrader> Like someone yanked the rug out knowing they're in complete control
[10:20:10] <+pat255> y especially TF ES seesm to be ok
[10:20:31] <+pat255> so far trend down ...
[10:20:49] <@wrbtrader> It's down but tough to exploit
[10:21:08] <@wrbtrader> those counter-thrusts are killers
[10:21:22] <+pat255> yup especially TF
[10:21:36] <@wrbtrader> another range developing
[10:23:41] <@wrbtrader> lost my patience
[10:25:23] <+pat255> may be rollover cauisng this action
[10:25:38] <@wrbtrader> be back later...I have my audio alerts set at +/- 1.50
[10:25:46] <+pat255> k
[10:25:47] * wrbtrader is now known as wrbtrader_away
[10:26:03] <@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[10:38:56] * wrbtrader_away is now known as wrbtrader
[10:41:56] <@wrbtrader> Covered all TF Short @ 634.50 --> + 1
[10:42:08] <@wrbtrader> be back later...busy doing some personal stuff
[10:46:24] <+pat255> later N..
[10:52:31] <+pat255> L: 1102 ES paper
[10:53:50] <+pat255> seems that every pop is getting sold so far
[11:03:13] <+pat255> out b/e going no where
[11:11:58] <+pat255> & now it goes up ..just rangy
[11:55:33] <@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[13:25:34] <@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[13:56:23] <@wrbtrader> Just got back
[13:56:51] <@wrbtrader> Shorts TF @ 628.00 -> small size
[13:56:58] <@wrbtrader> 1 only
[13:57:41] <@wrbtrader> They dropped it over lunch time or the mid day trading session...sneaky
[14:00:55] <@wrbtrader> Covered TF Short @ 627.90 --> + 0.1
[14:01:39] <@wrbtrader> This is a support area
[14:02:48] <@wrbtrader> Long TF @ 628.10 -> small size
[14:02:52] <@wrbtrader> 1 only
[14:12:03] <@wrbtrader> Exited TF Long @ 627.80 --> - 0.3
[14:16:53] <@wrbtrader> Shorts TF @ 627.20 -> small size
[14:17:28] <@wrbtrader> 2 only
[14:17:31] <@wrbtrader> intuition
[14:18:01] <@wrbtrader> trying to fade but it's tough
[14:20:28] <@wrbtrader> Covered all TF Short @ 628.10 --> - 0.9
[14:21:54] <@wrbtrader> Just got bullish but the theme has been to "fail the counter-thrust"
[14:24:43] <@wrbtrader> Shorts TF @ 627.60 -> small size
[14:25:10] <@wrbtrader> Shorts TF @ 627.60 -> Add
[14:25:18] <@wrbtrader> 1 + 3
[14:28:28] <@wrbtrader> Covered 1/2 TF Short @ 628.00 --> - 0.4
[14:28:47] <@wrbtrader>
[14:29:10] <@wrbtrader> Covered Remainder TF Short @ 627.80 --> - 0.2
[14:31:22] <@wrbtrader> no big losses and no big winners...getting nowhere today
[14:35:05] <@wrbtrader> Long TF @ 628.60 -> small size
[14:35:10] <@wrbtrader> 2 only
[14:35:32] <@wrbtrader> Long TF @ 628.90 -> Add
[14:35:39] <@wrbtrader> 2 only intuition
[14:35:49] <@wrbtrader> volatility increasing
[14:37:12] <@wrbtrader> gotto remember...they've been "failing all counter-thrust" today
[14:37:38] <@wrbtrader> tighten stop
[14:42:15] <@wrbtrader> Exited all TF Long @ 628.90 --> + 0.3
[14:52:34] <@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[14:57:50] <@wrbtrader> Long TF @ 629.50 -> medium size
[14:57:55] <@wrbtrader> 2 + 2
[14:59:37] <@wrbtrader> 630.00 was one of the profit targets for the prior Long I got taken out of
[15:00:46] <@wrbtrader> Exited 1/4 TF Long @ 630.10 --> + 0.6
[15:01:03] <@wrbtrader> I don't have much patience today...one of the main reasons for the low profits
[15:01:25] <@wrbtrader> Exited TF Long @ 630.00 --> + 0.5
[15:03:12] <@wrbtrader> sorry...that's only 1/4
[15:03:40] <@wrbtrader> got the target for those contracts
[15:03:48] <@wrbtrader> next one is 630.50
[15:05:11] <@wrbtrader> hopefully it occurs as a volatility spike or WRB...whichever comes first
[15:05:19] <@wrbtrader> trailing stop @ profit
[15:07:24] <@wrbtrader> still no volatility spike nor WRB...it's just creeping higher
[15:09:44] <@wrbtrader> Exited Remainder TF Long @ 630.50 --> + 1
[15:10:23] <@wrbtrader> no fill @ 631.10 because it didn't get there
[15:10:26] <@wrbtrader> market out
[15:11:56] <@wrbtrader> be back later around 3:45pm for the 4pm rush hour
[15:12:15] <@wrbtrader> hopefully a big move like thast price drop doesn't occur while I'm gone
[15:12:31] * wrbtrader is now known as wrbtrader_away
[16:05:01] <@wrbtrader_away> Just got back...take care all and see all tomorrow.
[16:05:32] <@wrbtrader_away> Hopefully I won't need to stay at the computer all trading day to prevent catching a nice directional price movement.
[16:06:06] <Time4now> I guess we are all in a coma
[16:06:19] <@wrbtrader_away> Feels like it.
[16:06:19] <+Time4now> I'm still learning, thats my excuse
[16:06:31] <@wrbtrader_away> It's not that the price action is tough to trade...
[16:06:44] <@wrbtrader_away> Its more like there's "very few" opportunities.
[16:07:19] <@wrbtrader_away> Thus, you either stay on the sidelines due to no trade signals or you do a bunch of intuition trading (not recommended unless you know you can make a little coin)
[16:07:43] <+Time4now> well i see that volatility = profits
[16:07:48] <@wrbtrader_away> Yep
[16:08:13] <+Time4now> too bad no one wants to play
[16:08:14] <@wrbtrader_away> Those big GAPs at the open on the regular session charts is taking away most of the volatility during the regular trading session.
[16:09:29] <+Time4now> see you later
[16:09:34] <@wrbtrader_away> Anyways...take care
[16:22:35] <@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: Thu Sep 09 16:25:34 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)
Skype Messenger: kebec2002
questions@thestrategylab.comGo Back To TheStrategyLab.com Homepage
