#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. 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 as long as they do not violate our
Terms of Use (TOU) Policy.
Thanks for reading the trade and market commentary log.
Posted by M.A. Perry
Trader and Founder of
WRB Analysis (wide range body analysis)
------------------------
Session Start: Tue Dec 08 09:26:25 2009
Session Ident: #futurestrades
[09:26] * Now talking in #futurestrades
[09:26] <@X> [NihabaAshi] Announcement: The new trade posting script v3.7 (replaces v3.6) is posted at your forum in the "Announcements" thread.
[09:28] <mistaker> Good morning wrbtrader
[09:29] <drt>
all
[09:32] <Nesi> Shorts ES @ 1094.25
[09:32] <@wrbtrader> Shorts ES @ 1094.25 -> large size
[09:33] <@wrbtrader> 9 only
[09:34] <+Nesi> Covered all ES Short @ 1093.50 --> + 0.75
[09:35] <@wrbtrader> Covered all ES Short @ 1093.25 --> + 1
[09:36] <+Nesi> darn
[09:36] <@wrbtrader> Yep
[09:36] <@wrbtrader> I saw that one coming as soon as I exited.
[09:36] <@wrbtrader> Happen too fast for me to reshort it
[09:37] <+mistaker> We have to take out 1089 until next level around 1086
[09:38] <@wrbtrader> Shorts ES @ 1090.25 -> large size
[09:38] <@wrbtrader> 9 only
[09:39] <@wrbtrader> Covered all ES Short @ 1091.00 --> - 0.75
[09:41] <@wrbtrader> Long ES @ 1091.50 -> large size
[09:42] <@wrbtrader> 6 only
[09:42] <+Nesi> Shorts ES @ 1090.50
[09:42] <@wrbtrader> Exited all ES Long @ 1090.00 --> - 1.5
[09:42] <@wrbtrader> ooops
[09:42] <@wrbtrader> Exited all ES Long @ 1091.00 --> - 0.5
[09:43] <+Nesi> Covered all ES Short @ 1091.00 --> - 0.5
[09:43] <@wrbtrader> Shorts ES @ 1091.25 -> large size
[09:43] <@wrbtrader> 9 only
[09:45] <@wrbtrader> Hammering at these shorts
[09:45] <@wrbtrader> Covered 2/3 ES Short @ 1088.00 --> + 3.25
[09:46] <+Nesi> Long ES @ 1088.50
[09:47] <+Nesi> Exited all ES Long @ 1089.00 --> + 0.5
[09:47] <@wrbtrader> We're about to see another volatility spike...
[09:47] <@wrbtrader> Hope it takes the price downwards and not upwards
[09:48] <kosmipt> test
[09:48] <@wrbtrader> Most of this downtrend occurred already while most of us was still asleep between 0545am - 0830am est
[09:50] <+Nesi> Long ES @ 1090.00
[09:50] <pat255> L 90.25
[09:51] <+Nesi> Exited all ES Long @ 1090.25 --> + 0.25
[09:52] <@wrbtrader> Covered Remainder ES Short @ 1090.75 --> + 0.5
[09:53] <+pat255> out here
[09:54] <@wrbtrader> Long ES @ 1091.00 -> small size
[09:54] <@wrbtrader> 3 only
[09:55] <@wrbtrader> Oil helping my Long but not Gold
[09:56] <@wrbtrader> tightening trail because of such
[09:57] <+Nesi> Shorts ES @ 1092.00
[09:58] <+mistaker> I have a target of 1093 on my long
[09:58] <@wrbtrader> Exited all ES Long @ 1092.25 --> + 1.25
[10:00] <+Nesi> Covered all ES Short @ 1092.50 --> - 0.5
[10:01] <+Nesi> 10:00 *DJ US Dec IBD/TIPP Economic Optimism Index 46.8 Vs 47.9 In Nov
[10:02] <+Nesi> Shorts ES @ 1091.50
[10:04] <+Nesi> Covered all ES Short @ 1092.00 --> - 0.5
[10:06] <+mistaker> Sold all long at 1093
[10:06] <+mistaker> I think that will make it a day for me
[10:06] <+Nesi> Shorts ES @ 1093.25
[10:08] <+Nesi> exit stop set ES @ 1093.50
[10:09] <+Nesi> Covered all ES Short @ 1093.00 --> + 0.25
[10:12] <+Nesi> Shorts ES @ 1092.25
[10:20] <+Nesi> Covered all ES Short @ 1094.00 --> - 1.75
[10:21] <+mistaker> This 1094 area will be interesting to watch if it can continue much higher
[10:23] <+Nesi> Shorts ES @ 1093.75
[10:26] <+Nesi> Covered all ES Short @ 1093.25 --> + 0.5
[10:39] <+Nesi> Shorts ES @ 1093.50
[10:45] <+Nesi> 10:44ET DJ *Sweden Fin Min:Greece Needs Multiyear Frontloaded Fiscal Plan
[10:47] * codehead_afk is now known as codehead
[10:50] <+Nesi>
http://www.marketwatch.com/story/dubai- ... link=kiosk[10:51] <+Nesi> Almost everyone who bought property in Dubai bought it as a speculative investment. Property values are now less than half what they were a year ago.
[10:51] <+Nesi> The total investment losses must be enormous.
[10:51] <+pat255> u bet ..
[10:55] <+Nesi> dollar near day high
[10:55] <+Nesi> trying tobreakout
[10:56] <+pat255> currencies are tricky tho
[10:58] <@wrbtrader> Shorts ES @ 1092.00 -> small size
[10:58] <@wrbtrader> 3 only
[10:58] <@wrbtrader> strange retrace pop back upwards
[10:58] <+codehead> yeah, surprising
[10:59] <@wrbtrader> I had missed an earlier entry around 1091.50
[10:59] <@wrbtrader> Reason why I jumped on the opportunity to get a better deal
[10:59] <+Nesi> dollar non stop
[10:59] <+codehead> bounce bars bigger volume than the drop on 1 min
[11:00] <@wrbtrader> simply, my trade is an intuition trade in reaction to a prior missed trade
[11:02] <@wrbtrader> Covered all ES Short @ 1093.00 --> - 1
[11:04] <@wrbtrader> Long ES @ 1093.25 -> medium size
[11:04] <@wrbtrader> 4 only
[11:05] <+Nesi> BEIJING (Reuters) - China on Tuesday executed a former securities trader for embezzlement, the first person in the industry to be put to death, but millions of yuan are still missing, a state newspaper said.
[11:05] <+mistaker> Hey wrbtrader, do you log this chat when you're not here? I trade often in the early morning and was wondering if I typed these out if they would register
[11:05] <@wrbtrader> mistaker...only when I know someone is going to be here.
[11:06] <@wrbtrader> also, you can store your own log for your personal use or email it to me for upload to the archives
[11:06] <@wrbtrader> With that, if you're going to be here early...I can start my log around 6am est every morning
[11:07] <@wrbtrader> That's when my computer auto boots up.
[11:07] <+Nesi> what program do you use to boot up?
[11:08] <+mistaker> I don't think 6 am is early enough
[11:08] <+mistaker> I'm in Europe so I start usually at 8 am GMT
[11:08] <+mistaker> I can e-mail you or just post trade logs with my P&L statements
[11:10] <@wrbtrader> Exited all ES Long @ 1094.50 --> + 1.25
[11:10] <+pat255> vn
[11:11] <+codehead> 1095.25 is nice symmetry
[11:12] <+codehead> short ES 1094.75 <paper> 1 pt stop
[11:12] <+Nesi> Shorts ES @ 1094.50 -> Add
[11:13] <@wrbtrader> I don't know...it's a custom design system...I have someone that does most of the work for me except for my trading related programs...it takes it out of
mode at 6am est unless I do it manaually myself prior to 6am.
[11:14] <@wrbtrader> I do know prior program was AutoLoader or something like that
[11:14] <@wrbtrader> However, too many conflicts with my router
[11:14] <+Nesi> thanks
[11:14] <+mistaker> Routers were invented to employ IT people
[11:14] <@wrbtrader>
[11:15] <+mistaker> I think if we just had an old style switchboard lady named Agnes routing our IP addresses we'd be better off
[11:15] <+Nesi>
http://www.lifsoft.com/[11:16] <+mistaker> I have three routers as part of my home network setup, so I am always fiddling tried to obtain the best settings so I don't have a double NAT situation and can get all my ports through as needed through that mess of configurations
[11:16] <+codehead> hm, i meant stop at 1096, 3 ticks past symmetry, but honoring what i said and tapped the -1 stop ES <paper>
[11:19] <+mistaker> I have my trading platform closed, but what is the current last on the ES?
[11:20] <+Nesi> google becoming a monster
[11:20] <@wrbtrader> 1093.25
[11:20] <+mistaker> thanks wrb
[11:20] <+Nesi> dollar
[11:20] <+Nesi> non stop
[11:24] <+Forex2stay> NY session is pretty much a range again for EU
[11:25] <+Forex2stay> most action came overnight in Asian and Europe sessions
[11:25] <@wrbtrader> President Obama now speaking live
[11:25] <+Forex2stay> guess my overnight, someone elses daytime
[11:25] <@wrbtrader> He was scheduled aroung 1115am est which is why I was too scared to take another trade
[11:25] <@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.
[11:26] <+Forex2stay> they say he will dicuss using remaining TARP for job creations
[11:28] <+mistaker> Usually the 'Asian and Europe' sessions are like watching paint dry
[11:33] <@wrbtrader> President Obama still speaking...won't take another trade until he finishes.
[11:37] <+codehead> short NQ 1779.50 <paper> stop 1781.00
[11:40] <+codehead> exit NQ -.50 <paper>
[11:40] <+codehead> front-ran a signal and it rolled over
[11:42] <+Nesi> Shorts ES @ 1097.00 -> Add
[11:42] <+codehead> short ES 1097.00 <paper> 3 pt stop, 2 pt target
[11:42] <+codehead> tick extreme strategy
[11:44] <+codehead> stop is a little precarious, with 1098.75 and 1099.50 targets possible
[11:45] * mistaker is now known as mistaker_away
[11:52] <@wrbtrader> Pres. Obama is finish talking
[11:57] <+codehead> exit ES +2.00 at target <paper>
[12:06] <+Nesi> i expect 1090 to be retested again, fwiw
[12:29] <+codehead> ES .618 retracement hit, symmetry a tick lower
[12:31] <+codehead> 1092.50 symmetry target hit
[12:38] <+Nesi> dollar again
[12:47] <@wrbtrader> Long ES @ 1094.00 -> small size
[12:47] <@wrbtrader> 2 only
[12:53] <@wrbtrader> Exited all ES Long @ 1093.25 --> - 0.75
[12:56] <@wrbtrader> Long ES @ 1093.75 -> small size
[12:56] <@wrbtrader> 2 only
[13:01] <@wrbtrader> Exited all ES Long @ 1095.25 --> + 1.5
[13:01] <+codehead> oil hod
[13:02] <@wrbtrader> Be back later when the price action has more consistent volatility.
[13:02] <+codehead> that symmetry # was golden
[13:02] * wrbtrader is now known as wrbtrader_away
[13:11] <+Nesi> finally
[13:23] <+Nesi> 1090 soon
[13:24] <+Nesi> imho
[13:28] <@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.
[13:29] <+Nesi> gold low day
[13:29] <+Nesi> dollar continues
[13:32] <pdays> Shorts TF @ 601.8 «« simulator »»
[13:32] <+pdays> Covered all TF Short @ 598.8 --> + 3 «« simulator »»
[14:17] <jbuch> whats happening guys
[14:19] * wrbtrader_away is now known as wrbtrader
[14:19] <@wrbtrader> Hi jbuch...not much with this declining volatility that's a range day via the 5min and 15min chart interval
[14:20] <+Nesi> i expect 1090 to be retested again, fwiw
[14:20] <+jbuch> glad I missed it
[14:21] <+jbuch> was afraid I would come back to see a beautifull trend daydown
[14:38] <+jbuch> Long ES @ 1091.5
[14:43] <+jbuch> Exited all ES Long @ 1091.25 --> - 0.25
[14:52] <+Nesi> finally
[14:52] <+Nesi> 1080 1085 next area
[14:55] <+Nesi> Covered all ES Short @ 1090.00 --> + 10.5
[14:55] <@wrbtrader> nice trade
[14:58] <+Nesi> Long ES @ 1090.00
[14:58] <+Nesi> 1
[14:59] <+jbuch> Long ES @ 1089.5
[15:00] <+Nesi> Exited all ES Long @ 1089.50 --> - 0.5
[15:03] <+Nesi> i am long gold one contract 1129.20 for a long swing
[15:09] <+jbuch> Exited all ES Long @ 1090.75 --> + 1.25
[15:27] <+jbuch> dang nesi just noticed your your exit beauty
[15:27] <+Nesi>
[15:34] <@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.
[15:39] <+Nesi> Shorts ES @ 1090.50
[15:39] <+Nesi> one
[15:45] <+Nesi> stupid trade
[15:45] <+Nesi> 1093 stop set ,
[15:45] <+Nesi> disaster stop
[15:45] <+Nesi> i had no business doing this trade
[15:46] <+Nesi> Covered all ES Short @ 1092.25 --> - 1.75
[15:46] <+Nesi> stupid trade
[16:03] <+Nesi> thanks all
[16:06] <+jbuch> night all
[17:40] <@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.
-------------------------
#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 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.
Last of all, prior to December 1st 2008, archive logs of #FuturesTrades is stored at the below link.
http://www.thestrategylab.com/ArchivedPastTrades.htm 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 Phone: +1 708 572-4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
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