#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 Sep 08 08:07:40 2010
Session Ident: #FuturesTrades
[08:07:40] * Now talking in #FuturesTrades
[08:07:40] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:14:52] <@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[09:20:09] <werner>
all
[09:27:14] <drt>
all
[09:29:08] <pat255>
all
[09:29:25] <Tigerman> hi all
[09:30:07] <Inertia> good morning
[09:41:02] <@wrbtrader> Shorts TF @ 634.20 -> small size
[09:41:08] <@wrbtrader> 2 only
[09:42:05] <@wrbtrader> stop tighten
[09:42:46] <@wrbtrader> Covered all TF Short @ 634.60 --> - 0.4
[09:43:19] <@wrbtrader> Long TF @ 634.70 -> small size
[09:43:23] <@wrbtrader> 2 only
[09:43:29] <@wrbtrader> creeper up movement
[09:45:20] <@wrbtrader> Exited all TF Long @ 635.00 --> + 0.3
[09:51:24] <+Inertia> I don't think I'll trade today. had 3 system crashes right off the bat. it's a BAD sign. have to finish my new comp and switch to it.
[09:52:25] <+Inertia> traded FX last night (3AM-6AM) I feel a little like a Zombey
[09:56:38] <@wrbtrader> Shorts TF @ 633.80 -> small size
[09:56:41] <@wrbtrader> 3 only
[09:59:31] <@wrbtrader> Covered all TF Short @ 634.40 --> - 0.6
[10:00:13] <+Inertia> news in 1 min from UK
[10:00:35] <@wrbtrader> Long TF @ 634.80 -> small size
[10:00:40] <@wrbtrader> 3 only
[10:00:46] <@wrbtrader> back at that level again
[10:01:14] <+Inertia> news MUCH better than exp
[10:01:43] <+Inertia> sorry that was for Canada
[10:01:54] <+Inertia> the UK news were slightly less than exp
[10:02:31] <+Inertia> not that all this matters
)
[10:03:02] <+pat255> nkt creeping up ..bias seems bullish for the time being
[10:03:04] <+Inertia> I find that news related to commodity based currencies tend to be more reliable
[10:03:16] <+pat255> y
[10:03:41] <+Inertia> meaning the direction of the market/currency, makes sense in relation to the news
[10:04:15] <+Inertia> whereas the US market is being interpreted in both directions
[10:05:22] <@wrbtrader> Exited 2/3 TF Long @ 636.00 --> + 1.2
[10:05:46] <+pat255> vn
[10:05:59] <+pat255> es as usual creeper but moving
[10:06:15] <@wrbtrader> thanks...been getting a lot of +1.2 lately only trades
[10:06:38] <+pat255> hmm not bad N in this creepng action
[10:07:09] <@wrbtrader> Exited TF Long @ 634.40 --> - 0.4
[10:07:09] <@wrbtrader> Reverse and Enter Short TF @ 634.40
[10:07:16] <@wrbtrader> 2 only
[10:07:19] <@wrbtrader> intuition
[10:08:06] <+Tigerman> Shorts TF @ 634.9
[10:08:49] <+Tigerman> Covered 1/2 TF Short @ 634.7 --> + 0.2
[10:08:50] <@wrbtrader> You got my entry that I screwed up
[10:09:17] <+Tigerman> Covered Remainder TF Short @ 634.5 --> + 0.4
[10:09:27] <+pat255> looking for 94.25 is support
[10:09:34] <+pat255> es
[10:09:49] <@wrbtrader> Covered all TF Short @ 635.00 --> - 0.6
[10:09:50] <+Tigerman> seems to me overall trend is up
[10:09:56] <+pat255> y
[10:09:57] <@wrbtrader> agree
[10:10:47] <@wrbtrader> small losers today so far but all via "mistakes"
[10:11:24] <@wrbtrader> winners screwed up too
[10:11:46] <+Tigerman> I noted price congest @ hot level before take direction
[10:11:53] <@wrbtrader> Long TF @ 635.40 -> small size
[10:12:05] <@wrbtrader> Long TF @ 635.70 -> Add
[10:12:05] <+Tigerman> so this me me many early entry
[10:12:24] <@wrbtrader> 3 + 2
[10:12:38] <@wrbtrader> intuition
[10:13:39] <@wrbtrader>
[10:13:41] <@wrbtrader> geeesh
[10:14:08] <@wrbtrader> punks
[10:14:20] <@wrbtrader> not giving fills
[10:14:48] <@wrbtrader> Exited TF Long @ 635.90 --> + 0.7
[10:14:53] <+Tigerman> yep TF is very jumpy
[10:15:14] <@wrbtrader> +0.2 and holding 3 contracts from 635.40
[10:15:17] <+Tigerman> also with 1 contract
[10:16:03] <+Tigerman> strange if you noted we got 30-40 contract @ ask and bid
[10:16:12] <@wrbtrader> no fills @ 636.20
[10:16:49] <+Tigerman> but maybe when we wanna exit they escape and only 1 contract is ready for us
[10:17:30] <+Tigerman> I say in general take care not @ 636.2
[10:17:41] <@wrbtrader> Tigerman...I could never understand those large size being shown on Ask / Bid while most of the trades are 1 contract
[10:18:12] <+Tigerman> hft
?
[10:18:13] <+pat255> may be it is better to watch T/s for es which is more liquid?
[10:18:38] <+Tigerman> false bid/ask traps?
[10:19:02] <+Tigerman> someone told me about nybot games
[10:19:33] <+Tigerman> yes pat ES is more liquid but TF move more for short scalp
[10:20:03] <@wrbtrader> I don't sit and monitor T & S window but I do take a quick look at it when I see "strange price action" on my charts
[10:20:07] <+Tigerman> but have some problems back liquidity for example
[10:20:29] <+Tigerman> I wana TF with ES size
[10:20:39] <+Tigerman> emh wanna
[10:23:12] <+Tigerman> Long TF @ 634.4
[10:23:17] <+Tigerman> just scalp
[10:24:04] <+Tigerman> Exited 1/2 TF Long @ 634.5 --> + 0.1
[10:24:06] <@wrbtrader> I'm still bullish which is the only reason why I' have patience with these Longs that's not giving me what I want
[10:24:18] <@wrbtrader> My patience has grown thin
[10:25:23] <+Tigerman> Exited Remainder TF Long @ 635 --> + 0.6
[10:25:29] <@wrbtrader> Long TF @ 634.90 -> Add
[10:25:33] <@wrbtrader> 3 only
[10:26:03] <+Tigerman> I unload you load
[10:26:31] <+Tigerman> lost patience not wanna stay more
[10:28:58] <@wrbtrader> discouraging price action right now
[10:29:23] <@wrbtrader> need to be careful now...it's a "Lower High"...first one of the day.
[10:29:42] <+Tigerman> yep this price pullback are tricky
[10:30:22] <+Tigerman> if I was with a long they sure pick pocket me
[10:30:47] <+Tigerman> 636 TF is hard resistence
[10:31:07] <@wrbtrader> Exited 1/2 TF Long @ 636.00 --> + 1.1
[10:31:16] <+Tigerman> nice wrb
[10:31:18] <@wrbtrader> 1 + 1 + 1
[10:31:20] <@wrbtrader> exits
[10:31:26] <@wrbtrader> still holding 3 contracts
[10:31:30] <+pat255> vn
[10:32:25] <@wrbtrader> trailing @ profit
[10:32:53] <@wrbtrader> first time of the day I've been able to adjust my initial stop/loss into a profitable trailing stop
[10:34:31] <@wrbtrader> Exited TF Long @ 636.50 --> + 1.1
[10:34:34] <@wrbtrader> Holding 2 contract remainders
[10:35:02] <+Tigerman> wait for 637
[10:35:08] <@wrbtrader> Yes
[10:35:41] <+Tigerman> touched
[10:35:55] <@wrbtrader> Exited TF Long @ 637.00 --> + 1.6
[10:35:57] <@wrbtrader> Holding 1 contract remainder
[10:36:06] <+pat255> vn N
[10:36:37] <+Tigerman> yes good
[10:36:41] <@wrbtrader> order for remainder @ 638.00
[10:37:13] <@wrbtrader> be back later with audio alert @ 636.00
[10:37:29] <+Tigerman> too easy
[10:41:27] <@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[10:41:31] <+Tigerman> I close for today see all next time
[10:47:28] <@wrbtrader> I'm back
[11:04:13] <@wrbtrader> order pulled...getting greedy
[11:04:20] <@wrbtrader> trying to get a little more
[11:04:33] <+pat255> y loks like going to break up
[11:05:31] <@wrbtrader> Exited Remainder TF Long @ 638.50 --> + 3.1
[11:05:38] <+pat255> vn
[11:06:22] <@wrbtrader> Hardest trade of the year...managing the adds and the original entry.
[11:06:27] <codehead> nice
[11:17:23] <+werner> wrbtrader, my belgium frend works with sma's in different timeframes and he will ask you if you ever worked with it?
[11:28:52] <+werner>
[12:06:47] <@wrbtrader> werner...I don't use sma's if you're talking about "moving averages".
[12:13:18] <@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[12:16:37] <+werner> tx wrbtrader
[13:04:37] <+codehead> possible top is in
[13:04:59] <+codehead> well, possibel peak there, lotta time left int he day
[13:23:36] <+codehead> oil pike
[13:23:38] <+codehead> spike
[13:31:18] <+codehead> NQ bouncing at 20 ema on 5 min all day
[13:31:27] <+codehead> beige book coming up
[13:39:11] <@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[14:07:02] <+codehead> NQ tpaped .500
[14:07:08] <+codehead> and m blue line
[14:07:11] <+codehead> 1875.00
[15:10:56] <@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[15:48:39] <+werner> gn all
[15:50:09] <TraderG> gn
[16:16:44] * TraderG is now known as Inertia
[16:39:43] <@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/forumSession Close: Thu Sep 09 00:00:00 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
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