20 June 2005 (Monday)

Session Start: Mon Jun 20 08:31:08 2005
Session Ident: #t1

[09:33:30] <guy> Shorts ER2 @ 645.4

[09:35:52] <guy> I'll post charts when trade over...

[09:36:06] <guy> exit stop set ER2 @ 646.4
[09:38:15] <guy> exit stop moved to breakeven ER2 @ 645.4

[09:44:29] <guy> stop hit ER2 @ 645.4 --> 0

[09:48:49] <guy> Signal for short in ER2:
[09:49:00] <signal>
[09:49:04] <guy> At VAL + alpha sell signal
[09:55:02] <guy> .
[09:55:16] <guy> Comparisons Can Be Harmful To Your Ego
[10:00:18] <guy> Leading Indicators
[10:00:18] <guy> 10:00 ET
[10:00:50] <guy> down 0.5%
[10:11:17] <mikee> target 14.5 for es
[10:11:38] <guy> are you short now?
[10:11:58] <mikee> i'm from 17.5
[10:12:07] <mikee> 16 scaled out
[10:12:20] <guy> wd
[10:12:41] <mikee> i have 5## pointing to 14.5
[10:12:51] <mikee> so exit 14.75
[10:12:57] <guy> okay - i pulled my stop to b/e too early so I'm flat now
[10:39:12] <mikee> stopped
[10:40:10] <guy> tough luck mikee
[10:42:25] <mikee> yeah was only .75 above targt
[11:01:34] <guy> RE down in ER2
[11:01:46] <guy> so still looking for shorts in this market now...
[11:01:51] <signal>

[13:44:56] <guy> Shorts ER2 @ 645.1

[13:45:09] <guy> exit stop set ER2 @ 646.1
[13:46:19] <guy> exit stop raised ER2 @ 647.1
[13:46:36] <guy> limit to enter short ER2 @ 646.1

[13:56:48] <guy> Signal: DVAH + VAL + alpha
[13:57:28] <guy> add level is at IBH
[13:57:35] <guy> stop is 1 point beyond IBH
[14:00:32] <guy> Rotation Factors:
[14:00:37] <guy> compare ES to ER2
[14:00:41] <signal>
[14:00:49] <guy> ER2 is -5 and ES is +1
[14:00:57] <guy> we have RE down on ER2
[14:01:16] <guy> Doesn't look like we've found new business up here
[14:01:55] <guy> Note to self: Don't only look for reasons to be short
[14:02:21] <guy> Look at both sides of the market and be objective and if it starts shifting to long side then exit

[14:18:15] <guy> cancelled all open limit orders

[14:19:38] <guy> exit stop lowered ER2 @ 645

[14:21:30] <guy> stop hit ER2 @ 645 --> + 0.1

[15:25:04] <mikee> back from meeting... the signal is short
[15:32:25] <guy> i agree mikee
[16:02:18] <mikee> you took short guy?
[16:03:03] <fspeculator> signal from where?
[16:03:23] <mikee> it's for o/n
[16:03:46] <fspeculator> i mean what's your signal?
[16:03:47] <fspeculator> alpha?
[16:03:53] <mikee> just short in general,- but means very short time
[16:04:17] <mikee> no, different
[16:04:20] <fspeculator> you just said overnight
[16:04:32] <mikee> right
[16:07:21] <mikee> when i say signal it means usually take action at close and hold for profit whatever is good for you
[16:07:42] <mikee> i'm taking 1.5-2p
[16:07:55] <mikee> since it's extra
[16:08:38] <mikee> sometimes if it coisides with price action you can take before close
[16:09:11] <mikee> for. ex. breaking support er on 1min before close
[16:09:38] <mikee> or i took ym breaking 10650
[16:10:35] <mikee> if you did, scale out fib. levels, as i did at .38 and .5
[16:11:38] <mikee> see you tomorrow, gn
[16:19:39] * Disconnected
Session Close: Mon Jun 20 16:19:46 2005