Paltalk: Be on the right side of your trades. Dont follow the sheep, and well all eat mutton tonight.
Citi_Trader: gm all
CajunSniper: gm
CajunSniper: brb gonna do some morning type things
kalle_89: gm all
bandtrader_007: gm everyone
cosmo_05: good morning to all
bandtrader_007: cosmo - I think most of them are still asleep
cosmo_05: yeh really
schleprock_3: good morning all
schleprock_3: big up opening
scalpboy: gm no trading before 9:30 est ??
bandtrader_007: gm
kalle_89: puretick website is down ?
cosmo_05: morn schle
schleprock_3: I just tried to log in
schleprock_3: cant do
schleprock_3: the daily YM pivot is 12160
schleprock_3: first indicator is bullish
schleprock_3: Pro traders are looking to short the open high gap
schleprock_3: Please no one else do that
schleprock_3: it does have a tendency to fill
schleprock_3: but stops are wide
schleprock_3: stop today would be about 35 points
CajunSniper: I cant get on any sites in that general.comwork. I think their is a router down somewhere. Will call them if its not back by deadzone
schleprock_3: no shorts here
CajunSniper: there
schleprock_3: can anyone hear my voice test?
CajunSniper: try it out
scalpboy: no
CajunSniper: hold the button down for longer
Citi_Trader: n
CajunSniper: it worked last night
dparkman: no
CajunSniper: nope dead silence
CajunSniper: maybe sky pe is messing with your settings
schleprock_3: OK will keep working
schleprock_3: for gap traders only this is a short area
scalpboy: heard that
peeet_7: y
CajunSniper: success
CajunSniper: i'll let you borrow it
one day alex 
schleprock_3: the short is 12197
schleprock_3: stop is 12220
schleprock_3: target is 12182
schleprock_3: pros only
schleprock_3: our Filters starting out bullish
scalpboy: does ym follow sp mini or vice versa??
CajunSniper: Everything is not alligned so that short was not an 'official' call but if you took it then i'd scale out some definately now
CajunSniper: 85 nice
schleprock_3: our gap traders starting to scale out
CajunSniper: quick 10 pts
schleprock_3: some off at 85 or lower
schleprock_3: then another third off at 80
schleprock_3: my tape says bottom at 70
schleprock_3: our goal is to get new traders to the more advanced levels so they can do these higher risk trades
schleprock_3: first is to understand the concept
schleprock_3: then the risks
schleprock_3: only 3 people in this room took that trade
schleprock_3: but they have been successfully trading for 3 years
scalpboy: wish i was one of them
scalpboy: but i'm a newbe here
schleprock_3: you will one day scalpboy
schleprock_3: I only did 1 contract
CajunSniper: I have been fading the gap pretty much every day
schleprock_3: and only to the first target
schleprock_3: our filters are 70% bullish
scalpboy: is ther something i'm supposed to be looking at here ??
schleprock_3: yes
CajunSniper: always
schleprock_3: did you check out our web site
schleprock_3: Bear or Caj will be happy to speak with you later to see where you are in trading cycle
schleprock_3: r.commend reeading list
scalpboy: must be me i did but didn't see any thing on charts maybe wrong site u gave me 2
schleprock_3: we are.coming up to first Trigger call
schleprock_3: it will be long
schleprock_3: it is firing long now
schleprock_3: as per guide
schleprock_3: not for new traders
schleprock_3: until after 15 min
schleprock_3: first profit target is 12182
schleprock_3: we are almost there
schleprock_3: second target is 187
scalpboy: well ok congrats on these trades looks good to me but i'm just a scalper at heart
scalpboy: will have to change thinking 4 this rm
schleprock_3: these might be considered scalps
schleprock_3: just bigger profits
schleprock_3: stop on the Trigger would be 12169
englishfella: when u have time could u post the website thanks
schleprock_3: nomail.com
schleprock_3: right now they are having server problems
englishfella: ok thanks
CajunSniper: I was told by the data center they will be up in about half hour
schleprock_3: great
schleprock_3: we are looking for possible buy at daily pivot level
schleprock_3: Upside filters are deteriorating
schleprock_3: but still positive
schleprock_3: if trigger fires this would be a Room Call for all traders
CajunSniper: gap officially done
schleprock_3: stop right now would be 12150
schleprock_3: so hopefully we go a little lower
peeet_7: gap is closed
schleprock_3: Filters only 55% bullish now
schleprock_3: but at pivot
schleprock_3: this will be a more aggressive trade
schleprock_3: I am calling a buy here
schleprock_3: limit order
CajunSniper: r1 and a lot of congestion
schleprock_3: 12160
schleprock_3: or better
schleprock_3: stop is 12147
schleprock_3: not for newbies since Filters not high enough
schleprock_3: Since Filters are neg I would exit trade at 12163
schleprock_3: I do have an order there
CajunSniper: Yes I was expecting more of a bounce at that level
CajunSniper: May still happen. Lets see
CajunSniper: Doji on the 3m
kalle_89: out +7
schleprock_3: please all exit here
schleprock_3: Trigger says higher
schleprock_3: but
asaad_1985: ÇáÓáÇã Úáíßã æÑÍãå Çááå æÈÑßÇÊæÇ
schleprock_3: filters 55% negative now
schleprock_3: anyone still holding pull stop up
schleprock_3: 12157
CajunSniper: Great call
schleprock_3: thanks
CajunSniper: I saw that area as a good long but am still learning have confidence
CajunSniper: in my own brain
CajunSniper: for now we'll borrow yours
schleprock_3: I thought we were gonna get stopped out
schleprock_3: still so difficult to believe these numbers
schleprock_3: but I keep looking at my account equity
schleprock_3: that does not lie
schleprock_3: but I am human
CajunSniper: Expierence pays off. I see that the more and more I trade. No matter how many books you read, you just have to put the time in
scalpboy: no calls 4 newbe's right
schleprock_3: correct
CajunSniper: Yes
schleprock_3: sadly
CajunSniper: so far there have been 3 trigger calls and they have all worked out
schleprock_3: when web site.comes back on review our newbie classification
schleprock_3: and the gap play too
CajunSniper: Yes I will post the link when its up
scalpboy: yes schle very sad
schleprock_3: but dont worry
CajunSniper: one may be setting up
schleprock_3: every day we have had calls for all
scalpboy: ok np
schleprock_3: since we have defined the support now
CajunSniper: When I was a fresh newbie I traded 20 times a day. I lost every day.. Waiting for 2-3 good setups in a 6 hour period can be borining so practice watching paint dry from time to time
schleprock_3: a newbie could more safely try to buy at the pivot
schleprock_3: a successful test of daily pivot is one of the parameters that our Filter is based on
schleprock_3: stops would still have to go below the low of day
schleprock_3: so 12151
schleprock_3: so for a risk reward basis a trader would want to have price a bit lower
CajunSniper: working
CajunSniper: audio ok
CajunSniper: whatever you did keep doing it
Paltalk: ====SECURITY BULLETIN!=======
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Many of these utilities contain trojans that report your nickname and password to the program's creator. We encourage everyone to change their password reguarly, and to uncheck the save password checkbox on the login screen.
If you do this, you will have to enter your password every time you log in, but it is a small price to pay to keep your account and password protected.
cosmo_05: yes
scalpboy: good here
CajunSniper: its ok for me. how is the level for you guys
cosmo_05: sound fine
scalpboy: fine here cajun
kalle_89: ok
CajunSniper: heck yea
CajunSniper: keep it that way
kalle_89: fine
scalpboy: good
CajunSniper: and there will be much rejoyce
CajunSniper: write those settings down
CajunSniper: hehe
cosmo_05: lol
CajunSniper: $adds tanking
CajunSniper: I just like to see it trending in my direction
CajunSniper: globex open
scalpboy: do ustay out of mkt during important rpts 10:00 and 10:30 est??
CajunSniper: do you still call it a pullback when your looking to short
CajunSniper: or a pull up? hehe
CajunSniper: I played fed day last time and got lucky but dont suggest new guys do it
CajunSniper: We'll merge the two
CajunSniper: You can also edit anyones message on the bulletin board since you have admin access
CajunSniper: I didnt know he was
posting one
CajunSniper: Whops
(9:18 AM) cosmo_05: i was gone afternoon and all nite yesterday i will check web page
(9:18 AM) CajunSniper: Out of the 3 trades I only took the first one today. I'm pretty selective
(9:18 AM) scalpboy: then i'm not a new trader just to this mkt
(9:19 AM) CajunSniper: brb
(9:19 AM) cosmo_05: good job Cajun
(9:19 AM) scalpboy: what did u base the trade u took on cajun??
(9:19 AM) cosmo_05: tahst what i need disipline
(9:20 AM) scalpboy: wow
(9:21 AM) bandtrader_007: big boys got their 10 from the top on ES so bottom shud be close
(9:22 AM) cosmo_05: exactly
(9:22 AM) cosmo_05: thanks
(9:23 AM) nkhoi: my life story
(9:23 AM) cosmo_05: yep me too
(9:24 AM) cosmo_05: and it is nice to just focus on 1 market
(9:24 AM) cosmo_05: i used to try YM ES NQ i just couldnt keep up
(9:24 AM) cosmo_05: oh yeh and got killed on er
(9:25 AM) cosmo_05: makes sense thanks
(9:26 AM) scalpboy: i tic below lod
(9:28 AM) schleprock_3: trigger ready to fire long
(9:28 AM) schleprock_3: not a room call
(9:28 AM) schleprock_3: stop will have to be the LOD
(9:28 AM) schleprock_3: I will call when and if it fires
(9:29 AM) schleprock_3: no long yet
(9:29 AM) schleprock_3: my short may fire
(9:29 AM) schleprock_3: first
(9:29 AM) schleprock_3: in personal trade
(9:30 AM) scalpboy: schel i asked earlier does the ym follow sp emini or vice versa as a rule??
(9:30 AM) schleprock_3: I would think ES leads most of time
(9:30 AM) scalpboy: ok thanks
(9:30 AM) schleprock_3: that gives another advantage
(9:30 AM) scalpboy: es lod
(9:31 AM) scalpboy: i see
(9:31 AM) scalpboy: what time frame u looking at??
(9:32 AM) schleprock_3: crazy
(9:32 AM) scalpboy: i use 3 min on es and er my trigger 4 scalp is 55 tic on er 133 on es
(9:32 AM) schleprock_3: Trigger is long here
(9:32 AM) schleprock_3: 12120
(9:32 AM) schleprock_3: 12109 stop
(9:33 AM) schleprock_3: 12129 is Trigger target
(9:33 AM) CajunSniper: bak
bearishtrader: 50 contracts at 27
(9:36 AM) schleprock_3: half should be out 12126
(9:36 AM) schleprock_3: my tape reading would exit all here
bearishtrader: I took it alex from 12123 good call
(9:37 AM) schleprock_3: Trigger still looking at 12129
(9:38 AM) nkhoi: trigger = amt machine
(9:38 AM) schleprock_3: yes
(9:38 AM) schleprock_3: it has been
(9:38 AM) schleprock_3: did start out though yesterday shorting prematurely
(9:39 AM) schleprock_3: I did make first call on an ill fated trigger short yesterday
(9:39 AM) schleprock_3: I think we lost 12 points in about 2 minutes
(9:39 AM) schleprock_3: haha
(9:39 AM) schleprock_3: but we made it back
(9:39 AM) scalpboy: points?
(9:40 AM) schleprock_3: all are posted
(9:40 AM) schleprock_3: Trigger hitting target
bearishtrader: got 29
(9:40 AM) scalpboy: how many tics in a point ym ??
(9:40 AM) schleprock_3: nice Bear
(9:41 AM) schleprock_3: 5.00 per point YM
bearishtrader: +6, thanks looks like it had a good chance
(9:41 AM) CajunSniper: YM pts is only about 1 cent in the DIA
(9:41 AM) CajunSniper: If you have 500 shs
(9:41 AM) CajunSniper: so not too bad
(9:41 AM) schleprock_3: so if you bought 12120 and sold 12127 on my suggestion you made 35.00
(9:41 AM) scalpboy: oh ok i was tinining like er 1 point = 10 tics
(9:41 AM) CajunSniper: ahh
(9:42 AM) schleprock_3: if you followed Trigger made 45.00 less 5.00.commission on Trade Station
(9:42 AM) CajunSniper: yes YM doesnt have any decimals
(9:42 AM) CajunSniper: each tick is a point
(9:42 AM) mrg22: schlep - curious your reasoning behind trading the ym versus es or nq?
(9:42 AM) nkhoi: still can't figure out what make it rocket to 30 like that?
(9:43 AM) scalpboy: ok got it now u refer to point as 1 number diff 12127 to 12128 is 1 point
(9:43 AM) mrg22: thanks
bearishtrader: yes scalpboy
(9:44 AM) scalpboy: i like ym gives u a little time to thinknot so er
(9:44 AM) cosmo_05: ill never go back to er again
(9:45 AM) cosmo_05: way too fast for my blood
(9:45 AM) CajunSniper: I agree
(9:45 AM) CajunSniper: I'm told the site will be back up in 30 min or so. Check out the FAQ from the main page
(9:45 AM) scalpboy: yea talk about trigger u finger has to be fast esp. if u scalp
(9:45 AM) CajunSniper: There is a more detailed answer
(9:46 AM) CajunSniper: Also be sure and fill out the give away entery form
(9:46 AM) schleprock_3: I am risking 10 pts
(9:47 AM) nkhoi: es, er2 look down on ym trader tht impression I got
(9:47 AM) scalpboy: they raised margin not that much but it tells u its getting dangerous
(9:47 AM) schleprock_3: not working
(9:47 AM) schleprock_3: short at 20
(9:47 AM) schleprock_3: personal
(9:48 AM) schleprock_3: just follow on tape or simulator not real money
(9:48 AM) CajunSniper: monopoly
(9:50 AM) CajunSniper: slow it down guys. we are flatting out a bit
(9:51 AM) schleprock_3: got out before stop hit
(9:51 AM) schleprock_3: lost 3 pts
(9:51 AM) nkhoi: maazing no trigger this time, as we approach prev day low again
(9:51 AM) schleprock_3: right
(9:52 AM) schleprock_3: the last rally corrected the extreme oversold reading
(9:52 AM) schleprock_3: and certainly not overbought
(9:52 AM) scalpboy: i dont have to dance do i
(9:52 AM) CajunSniper: ha
(9:52 AM) CajunSniper: friggin paltalk
bearishtrader: sorry our room is still open to everyone
(9:52 AM) cosmo_05: yep kids must be off from school
(9:53 AM) cosmo_05: or played hookey
(9:53 AM) schleprock_3: in the past I would still be holding a short
(9:53 AM) schleprock_3: waiting for the market to do what I predicted it would do
(9:54 AM) schleprock_3: as if the mkt has to listen to me
(9:54 AM) nkhoi: wonder if this is d/bot or just suck in long for 11am sell
(9:54 AM) scalpboy: yea i hat it when the mkt doesn't do what my charts say it should do
(9:55 AM) schleprock_3: so now I try to follow the probabilities associated with Triggers and Filters
(9:55 AM) CajunSniper: Yes my charts should be right 100% of the time since I bought a ton of indicators ($2000+) awhile back
(9:55 AM) CajunSniper: dont waste your money like I did
(9:56 AM) scalpboy: thanks 4 advice cajun
(9:57 AM) CajunSniper: np. in the end im just using my brain as the main indicator
(9:57 AM) CajunSniper: TRIN does not really concur with this move.. its funky today
(9:58 AM) CajunSniper: ok
(9:59 AM) cosmo_05: Cajun TTM stuff?
(9:59 AM) CajunSniper: I like to trade the first hour and a half agressively then hang back from 11-1:45pm or so then try to snag a move or two in the last hour
(9:59 AM) CajunSniper: TTW cosmo
(10:00 AM) CajunSniper: Cosmo I've read most every book and been a member of a lot of sites throughout my development as a trader. A lot of methods and themes are.common from one to another
(10:00 AM) nkhoi: it only work if i'm not
watching it
(10:01 AM) CajunSniper: lol
(10:01 AM) cosmo_05: lol
(10:01 AM) cosmo_05: agree Cajun
(10:01 AM) CajunSniper: some guys 'rename' or repackage them
(10:01 AM) CajunSniper: but if were using an indicator we'll tell you right out
(10:01 AM) cosmo_05: oh yeh
(10:02 AM) cosmo_05: right i understand
bearishtrader: bear flag
(10:05 AM) CajunSniper: Deadzone is.coming up. If any of you guys have questions or.comments feel free to ask
(10:06 AM) scalpboy: deadzone sound like no mans land??? could go either way??
(10:07 AM) CajunSniper: I just noticed there was a movie http://www.imdb.com/title/tt0085407/
bearishtrader: It's the lunchtime doldrums between 11:30 EST and 2:15 EST, volume usually lacking because traders are out to lunch and it gets choppy
(10:07 AM) CajunSniper: should add that to the r.comended movies list on the site
(10:08 AM) scalpboy: i dont trade as a rule during this time but will do ym if get sig
bearishtrader: good idea
(10:11 AM) scalpboy: cajun do u look at tic chart and if so what tf please
(10:13 AM) nkhoi: Christopher Walken always look the same from film to film
(10:13 AM) CajunSniper: To be honest I dont pay that much attention to it
(10:13 AM) scalpboy: ok
(10:13 AM) CajunSniper: However I do have a 1min tick chart sitting over my 89T chart
(10:13 AM) CajunSniper: I glance over it every so often
(10:13 AM) CajunSniper: I take all my indicators in to consideration
(10:13 AM) cosmo_05: Cajum i have a 50 range Tick chart sitting below my 89 tick
bearishtrader: haha I get it nkoi
bearishtrader: deadzone hehe
(10:14 AM) cosmo_05: i lovce that 50 range Tick
(10:14 AM) nkhoi: 1m + 55t here
(10:14 AM) CajunSniper: and trade in the direction that the majority are pointing in
(10:14 AM) CajunSniper: and off of alex's
suggestions of course too hehe
(10:14 AM) scalpboy: in the room does it explain what charts etc u use in here
(10:15 AM) scalpboy: rm = web site
(10:16 AM) CajunSniper: Oh ok.. I have a video on the site where I show my layout
(10:16 AM) scalpboy: ok thanks
(10:16 AM) CajunSniper: Im not a good public speaker but you can check that out
(10:16 AM) CajunSniper: but mostly all the signals and filters are done on the 3min chart
(10:16 AM) nkhoi: micro range 23-27
(10:16 AM) CajunSniper: We've found it to work the best on the YM
(10:17 AM) overload_9: where is this website?
(10:17 AM) scalpboy: u think u could use same filters 4 es also??
bearishtrader: overload, http://www.nomail.com I will reset it in our room title
(10:18 AM) schleprock_3: finally getting rally
(10:18 AM) nkhoi: 11 sell was unable to p.comrate yester low , prepare for 12 long
(10:18 AM) CajunSniper: Yes the ES moves with the YM
(10:18 AM) CajunSniper: If you have access to trade the ES you should be able to trade the YM as well
(10:18 AM) CajunSniper: I'll see if I can get alex to contact you reguarding that
(10:19 AM) scalpboy: thanks i have es charts up thru trade station
(10:20 AM) scalpboy: one thing bad about pal t u cant post charts that i know of like hotcoom
(10:20 AM) CajunSniper: Ok great most everyone here uses trade station. Bear and I are the oddballs with esignal
(10:20 AM) CajunSniper: Yes
(10:20 AM) CajunSniper: There is video but its nasty
(10:20 AM) cosmo_05: and i use ensign
(10:20 AM) CajunSniper: We chose paltalk because its free
(10:21 AM) CajunSniper: However we can take a vote down the road and maybe switch to ho.comm or another chat server
(10:21 AM) cosmo_05: Cajun ensign has a echat room and thats free
(10:21 AM) scalpboy: i understand me too cant beat the price
(10:21 AM) schleprock_3: Filter call is setting up
(10:21 AM) schleprock_3: original short target of 12146 may not be hit
(10:22 AM) CajunSniper: Does it have video and audio cosmo?
(10:22 AM) CajunSniper: If so I will look in to it as a possibile alternative
(10:22 AM) cosmo_05: cajun u can post charts on it
(10:22 AM) cosmo_05: and ye sit has audio but u have to set up this ventrillo thing
(10:22 AM) cosmo_05: many us eit
(10:22 AM) cosmo_05: of ocurs eits up to u guys
(10:22 AM) cosmo_05: just an idea
(10:22 AM) scalpboy: u can post charts thru email
(10:23 AM) cosmo_05: the wierdos dont really go in there like in paltalk
(10:23 AM) CajunSniper: You can post images or charts in our forums as well
(10:23 AM) cosmo_05: ok cool
(10:24 AM) CajunSniper: If there is any particular chart you'd like to see or have a question about. Send an email to jason@nomail.com
(10:24 AM) CajunSniper: and we'll put it online
(10:24 AM) cosmo_05: thanks cajun
(10:24 AM) CajunSniper: np
(10:24 AM) scalpboy: thanks cajun i would like to see the basic charts
(10:27 AM) nkhoi: put up a web cam we can view it for 3 sec
(10:29 AM) schleprock_3: will call it
(10:29 AM) bandtrader_007: is 12146 a room sell?????
(10:29 AM) schleprock_3: target area
bearishtrader: ok guys I can do a screen grab of my basic layout so you can see...this is not identicle to the other TTW/Puretick guys
(10:29 AM) schleprock_3: but I prefer to confirm with a trigger alert
(10:30 AM) bandtrader_007: k
(10:30 AM) schleprock_3: if one has traded before would not be a bad trade to short at that level
(10:30 AM) schleprock_3: stop would be 12163
(10:31 AM) schleprock_3: so still far
(10:33 AM) schleprock_3: might get call in another 3 minutes or so
(10:33 AM) schleprock_3: higher risk traders could test short here with stop at 44
(10:33 AM) CajunSniper: Ok bear you can use [img] tags and put it up on a forum message if you want
(10:33 AM) schleprock_3: would be about 5 pt risk
(10:33 AM) schleprock_3: Room call not made yet
(10:34 AM) CajunSniper: I can reach www.nomail.com once again. Verizon fixed their router
(10:34 AM) schleprock_3: yeah
bearishtrader: ok
(10:35 AM) gtrader30_1: scalp s here at86.5 for 2 ticks <needs to clear 85.75 on es
(10:37 AM) gtrader30_1: out 4 full pt ex hold 2
(10:38 AM) schleprock_3: short firing
(10:38 AM) scalpboy: i see the ym is following es here
(10:39 AM) schleprock_3: we put on at mkt
(10:39 AM) scalpboy: r trade?
(10:39 AM) scalpboy: rm
(10:39 AM) schleprock_3: then put limit order at short 12138
(10:39 AM) schleprock_3: yes
(10:40 AM) schleprock_3: so you have stop at 12153
(10:40 AM) schleprock_3: you can figure risk accordingly
(10:40 AM) schleprock_3: remember lunch.coming up
(10:41 AM) cosmo_05: well ill be back at 2 pm ill go outside and do soem yard work
(10:41 AM) cosmo_05: thanks guys
(10:41 AM) cosmo_05: have some sprinklers to fix also
(10:42 AM) cosmo_05: cold in florida today
(10:42 AM) cosmo_05: and i want to move back to nYC i must be nuts
(10:42 AM) schleprock_3: haha
(10:42 AM) cosmo_05: good trading to all
(10:42 AM) cosmo_05: later guys
(10:42 AM) gtrader30_1: y u are
(10:43 AM) scalpboy: confused here we should be short right?
(10:43 AM) schleprock_3: it is a short
(10:43 AM) schleprock_3: if you are not in can place a limit order to short at 12138
(10:43 AM) schleprock_3: because stop is kind of wide here
(10:44 AM) schleprock_3: or wait for stop to.come down
(10:44 AM) gtrader30_1: surgical work with low volume careful have sup on a higher sup build up
(10:44 AM) gtrader30_1: dead zone
(10:44 AM) schleprock_3: exactly
(10:44 AM) schleprock_3: that is why target is 12127
(10:44 AM) schleprock_3: takes that into acct
(10:44 AM) schleprock_3: watch how it works
bearishtrader: target hit thank you alex
bearishtrader: scalped it for +7
(10:47 AM) gtrader30_1: nice 2pt ext 84.5
bearishtrader: good one gtrader, the charts of YM ES working in tandem today
(10:47 AM) gtrader30_1: going to hold 2 just in case I catch prgm activity selling 11:49 <12:45 est
(10:48 AM) schleprock_3: 12142 on the stop now
(10:49 AM) schleprock_3: I have 2 left exiting here
(10:52 AM) schleprock_3: the final objective was 12124 but I doubt we hit that
(10:52 AM) schleprock_3: by the way in the interest of being conservative
bearishtrader: good one, I don't expect too much in deadzone
(10:52 AM) schleprock_3: for track record purposes
(10:53 AM) schleprock_3: I dont care if the trade catches the low of the day now
(10:53 AM) lisafox: gm
(10:53 AM) schleprock_3: I will record where the average trader might have gotten out
(10:54 AM) schleprock_3: based on my.comments and suggestions
(10:54 AM) nkhoi: hi
(10:54 AM) schleprock_3: If I am telling a newer trader to take profits at 12127
(10:54 AM) schleprock_3: most new traders will listen
(10:55 AM) schleprock_3: It would not be fair to say the "system" got out at 12124 or 12115 etc
bearishtrader: here is my desktop/charts for those interested sorry I was concentrading on the trade here it is http://www.nomail.com/BB2/viewtopic.php?p=49
(10:58 AM) schleprock_3: gtrader is right. sometimes this feels like surgery
(10:58 AM) schleprock_3: did you get some cosmo before doing the garden work
(10:59 AM) schleprock_3: and scalpboy how about you?
(10:59 AM) lisafox: lol
(11:01 AM) schleprock_3: Trigger is firing long
(11:01 AM) schleprock_3: 12129
(11:01 AM) schleprock_3: stop is 12118
(11:02 AM) schleprock_3: it is lunchtime
(11:02 AM) Paltalk: Today on News Talk. The vice-chairman of an organization that’s trying to get Congress to give legal status to the surviving members of the illegal immigrants who were killed in the 9/11 attacks. And … Rudy Giulani, has formed a.committee to explore a possible run for the White House. A former Guiliani aide joins us with a unique insiders view of America’s Mayor. At 5 PM New York time in the Special Features category.
(11:02 AM) scalpboy: got a little wasnt sure about entry when u said limit i thought i got in to soon
(11:03 AM) scalpboy: when u say trigger is firing that is a rm trade ?
bearishtrader: he said we got in market, but gave a limit order number for those who were more conservative or didn't get in yet or for a scale in
(11:04 AM) scalpboy: ok
(11:05 AM) scalpboy: gtrader sorry didnt get back to u sooner thanks 4 the heads up on es didn't get filled
(11:06 AM) gtrader30_1: ok
(11:06 AM) schleprock_3: and I guess it is a matter of what one would classify as a scalp
(11:07 AM) schleprock_3: 7 points out of a mkt in a few minutes might be regarded as scalping to someone who trades daily setups
(11:07 AM) schleprock_3: a floor trader creates order flow and buys on bid sells on offer
(11:08 AM) schleprock_3: YM has no floor traders
(11:09 AM) schleprock_3: Filters are stil negative
(11:09 AM) schleprock_3: 75%
(11:09 AM) schleprock_3: so the method is still short rallies
(11:11 AM) schleprock_3: What makes trading so difficult is one of the few areas of human endeavor
(11:11 AM) schleprock_3: where a.complete amateur is allowed to directly.compete with professionals
(11:11 AM) schleprock_3: Cant do that in most fields
(11:12 AM) schleprock_3: I can take any relatively alert individual and have you flying an aircraft straight and level
(11:12 AM) schleprock_3: It would take about 15 minutes
(11:13 AM) schleprock_3: that does not mean one would then be able to navigate that plane and land somewhere with a 210' cloud base
(11:13 AM) schleprock_3: and half mile visibility
(11:14 AM) littlewon: that stop is at the dval
(11:14 AM) schleprock_3: stop on the Trigger? yes
(11:14 AM) schleprock_3: I am not in this trade
(11:15 AM) schleprock_3: just posted it for those following all signals
(11:16 AM) lisafox: thx
(11:16 AM) schleprock_3: Crazy thing still can work
(11:16 AM) schleprock_3: but I have seen so many times the stop get hit
(11:17 AM) schleprock_3: then it pops up to target
(11:17 AM) schleprock_3: all within 5 minutes
(11:19 AM) schleprock_3: first target on that Trigger was 12136
(11:21 AM) overload_9: missed entry price?
(11:21 AM) nkhoi: 29
(11:21 AM) schleprock_3: it was 12129
(11:22 AM) scalpboy: still time if u like
(11:29 AM) CajunSniper: deadzone here guys
(11:29 AM) CajunSniper: im going to finish reading an article and grab a biscuit or something
(11:29 AM) CajunSniper: also i posted my screen layout for the people who asked eariler
(11:29 AM) CajunSniper: www.nomail.com/chart_share
(11:30 AM) lisafox: cajin, where do i see layout?
bearishtrader: cajun you need to put the file name after that link
(11:31 AM) CajunSniper: Just click on the one that says "Cajun snipers layout"
(11:31 AM) CajunSniper: that directory contains a few
bearishtrader: nevermind you added an index.html right?
(11:31 AM) lisafox: i dont see it
(11:31 AM) CajunSniper: http://nomail.com/chart_share/CajunSniper's%20trading%20layout.gif
(11:32 AM) CajunSniper: ha
(11:32 AM) CajunSniper: that is the direct link
(11:33 AM) lisafox: no
(11:33 AM) lisafox: dont see anything when click link
(11:33 AM) scalpboy: same here
(11:34 AM) CajunSniper: bear do you get it. Im
viewing it now
bearishtrader: yes
(11:34 AM) CajunSniper: Pal talk
(11:35 AM) CajunSniper: is trying to take control of the external links
(11:35 AM) CajunSniper: just load your inte.com explorerer or firefox manually
(11:35 AM) CajunSniper: and go to nomail.com/chart_share that is an underscore or shift minus -
(11:35 AM) CajunSniper: Their external link redirector is down or having problems (paltalks)
(11:36 AM) CajunSniper: For those if you who dont already know, to run ie without fiding the icon you can hit START-RUN and type in iexplore then press enter
bearishtrader: guys a useful thing is to turn on the timestamp feature that way if you need to step away and don't hear the audio call, one of us will usually be able to transcribe it in text
(11:39 AM) CajunSniper: Schlep/alex has been typing most of them in anyway
(11:39 AM) CajunSniper: But we will be doing more audio once we get the new equipment
(11:42 AM) CajunSniper: Any of you long from that 29?
(11:42 AM) CajunSniper: If so i'd take profs since its dz
(11:42 AM) CajunSniper: scalpboy?
(11:42 AM) CajunSniper: 35-36 area
(11:44 AM) CajunSniper: However if you have any questions in the next hour, bear will be checking in and out. Please post in the open channel
(11:45 AM) scalpboy: yes cajun
(11:45 AM) scalpboy: didnt take
bearishtrader: 4.5 month trendline on lows of YM showing support 12100 if yest low / pivot S1 (12117/12116) cracks
(11:45 AM) CajunSniper: Hopefully you guys got the URL to work. Its working on this end
(11:45 AM) CajunSniper: Ok talk to you later.. Oh ok. I bet you wish you'd of taken now eh? I took but for only 5pts
bearishtrader: bye caj
(11:45 AM) CajunSniper: audios
(11:46 AM) scalpboy: figures just as we quit there it goes
(11:46 AM) CajunSniper: ok im not gone yet. had to just yell at that one
(11:46 AM) scalpboy: maybe i can tell broker i ment to take it long
(11:46 AM) CajunSniper: hehe
(11:46 AM) CajunSniper: if you a million dollar client they may help ya out
(11:46 AM) CajunSniper: Alex called it at 29 long. it is deadzone so I dont blame anyone for not taking it
(11:47 AM) CajunSniper: Hes been severly accurate today. Its scaring me
(11:47 AM) scalpboy: right how to make a million trading futures start with 2 million
(11:47 AM) CajunSniper: Makes me want to stop for the rest of the day
bearishtrader: yup don't have regrets in deadzone
(11:47 AM) CajunSniper: yup. there will be more setups. ok im going for real this time. be back in half hour or so
(11:49 AM) littlewon: got to get above 48
(12:15 PM) bandtrader_007: just walked in bear - what was the call ????
bearishtrader: Official Call Pros Only: Short at market, 1/2 limit order to short 12155 for other half
bearishtrader: Stop is 12165 target 12143
(12:17 PM) bandtrader_007: thx
bearishtrader: important to keep stops at 12165
(12:21 PM) Paltalk: PUNK_NlGGA_BE_BUSTIN reddotted by: bearishtrader
bearishtrader: close one nearly stopped out see if it holds pivot/gap fill or has weakness
bearishtrader: stopped out
(12:24 PM) littlewon: getting back in or
bearishtrader: no
(12:24 PM) littlewon: i ticked
bearishtrader: did you take your stop?
(12:24 PM) littlewon: i was long
bearishtrader: ok cool
bearishtrader: long?
(12:25 PM) littlewon: when singles filled
(12:25 PM) littlewon: 48
bearishtrader: oh, if your long you might want to take profits here, or see if this support can hold
(12:27 PM) littlewon: out 61
(12:27 PM) littlewon: back in value
(12:28 PM) littlewon: dvah
bearishtrader: 2/3 short filters now 2/3 long filters
(12:37 PM) danielfields1: better swings today but still in range, maybe waiting for possible surprise from cpi
bearishtrader: so now have long bias
bearishtrader: lower opening 15 min range acting as resistance 12168
bearishtrader: If price trading inside opening 15 min range from 12168 to 12199 we consider it to be neutral for that filter so filters 2 long 1 neutral
(12:48 PM) littlewon: i like that 15 min on or
(12:49 PM) littlewon: learn something new everyday
bearishtrader: cool
bearishtrader: our strategy would now switch to buying pullbacks at this point
bearishtrader: no more calls though until Alex returns though we'll let you know
(12:54 PM) CajunSniper: hey
bearishtrader: hi cajun
(12:55 PM) lisafox: hello, did u have good break?
(12:55 PM) lisafox: lol
(12:55 PM) CajunSniper: deent
(12:56 PM) CajunSniper: decent
(1:01 PM) cosmo_05: hey cajun just got back myself
(1:02 PM) cosmo_05: so we missed the move
(1:02 PM) cosmo_05: so what well get the next one
(1:02 PM) cosmo_05: ok
(1:02 PM) CajunSniper: fake zone
bearishtrader: yup
(1:04 PM) Paltalk: ====SECURITY BULLETIN!=======
Paltalk will never send emails with attachments! NEVER open any attachemnts unless you are absolutely sure they are free of viruses and trojans! DONT BE FOOLED by fake 'support' letters or surveys that claim to be from PalTalk! PalTalk will NEVER request personal informaion in an email unless YOU contact us with a problem with your account first. Always check the header of any email that claims it is.coming from PalTalk.
(1:05 PM) CajunSniper: When alex decides to take the room to subscription only we'll be giving away some free memberships to the people who've been here on paltalk with us. Fill out the form that comes up on nomail.com main page to put your name in the hat
(1:06 PM) lisafox: will do
(1:06 PM) cosmo_05: sure will
(1:09 PM) nkhoi: another green day in the work
(1:09 PM) lisafox: cajun, what section should i fill out?
(1:09 PM) lisafox: dont see anything there to fillout,except email
(1:10 PM) cosmo_05: yeh looking myself
(1:10 PM) CajunSniper: yea thats fine just do the email
bearishtrader: gj nkhoi 
(1:13 PM) cosmo_05: its really nice to hang with other YM traders been looking for awhile hard to find
(1:13 PM) cosmo_05: mostly trade that ER
bearishtrader: we're glad you found us
(1:16 PM) cosmo_05: yes sir me too
(1:18 PM) bandtrader_007: no bear - we are glad you found us - be have been wandering in the desert for many moons and finally hopefully we got some help
(1:18 PM) CajunSniper: Alex has gotten pretty proficient at the ym so im staying put
(1:18 PM) cosmo_05: wandering in teh desert sounds about right
(1:18 PM) cosmo_05: just an old former airborne ranger trying to find myself lol
bearishtrader: haha band
bearishtrader: Alex is back folks, setting up his new headset
(1:20 PM) CajunSniper: great
(1:21 PM) bandtrader_007: is this another Walmart $9.95 set or did he get a decent one
(1:21 PM) CajunSniper: ha
(1:21 PM) cosmo_05: lol
(1:21 PM) CajunSniper: SUPER walmart
(1:21 PM) bandtrader_007: oh, ok - that one is $15.95 I think
(1:21 PM) CajunSniper: mine was $5 and it works great. hehe
(1:22 PM) CajunSniper: saving my money for drinking
(1:22 PM) cosmo_05: lol
(1:26 PM) CajunSniper: yep
(1:26 PM) kalle_89: fine
(1:26 PM) CajunSniper: are the plugs gold plated
bearishtrader: volume good
(1:28 PM) cosmo_05: i was inside but i heard u great
(1:31 PM) scalpboy: u trade outside cosmo??
(1:32 PM) cosmo_05: no
(1:32 PM) cosmo_05: i was letting dogs in
(1:32 PM) cosmo_05: and i heard the mic
(1:32 PM) cosmo_05: just walked away for 2 min
(1:32 PM) scalpboy: just kidding
(1:32 PM) cosmo_05: i know
(1:32 PM) cosmo_05: but i will one day
(1:32 PM) cosmo_05: trade with laptop in pool
(1:33 PM) scalpboy: waterproof i hope
(1:33 PM) cosmo_05: yeh i wa sjust thinking my luck
(1:33 PM) cosmo_05: lol
(1:40 PM) nkhoi: trigger didn't fire?
(1:41 PM) mark009: triggers are too slow?
(1:41 PM) mark009: its 2:40 now
bearishtrader: there is 24 hour session high 12209
bearishtrader: hehe melted right thru
(1:44 PM) nkhoi: a.complete turn around back to daily triple top
(1:45 PM) cosmo_05: thanks schle appreciate that
(1:45 PM) scalpboy: with this big move up are we going to have a large stop on rm trade??
(1:45 PM) nkhoi: 221
(1:45 PM) scalpboy: ok thanks
bearishtrader: you rmic broke up no sound now shclep
bearishtrader: ok sound back
(1:47 PM) cosmo_05: thats crazy
(1:47 PM) CajunSniper: agreed
(1:47 PM) CajunSniper: because 3 years ago I did it
(1:47 PM) CajunSniper: i always wanted to be in
(1:47 PM) bandtrader_007: out to fill the gap at 1398 on the ES
(1:47 PM) schleprock_3: i did it to
bearishtrader: this is some unusual nice volume
(1:48 PM) scalpboy: wonder if there was some news
(1:48 PM) lisafox: any news?
(1:49 PM) scalpboy: not that i know of
(1:49 PM) schleprock_3: there is always news
(1:49 PM) gtrader30_1: s4 97.25 tight stp
(1:49 PM) gtrader30_1: out 2
(1:50 PM) gtrader30_1: r2 97.33
bearishtrader: oil down on announcement big three autos will continue to push for alternative fuel...a wild guess dont know the reason
(1:51 PM) scalpboy: well doesn't matter what the new says its what the mkt thinks it said
(1:51 PM) gtrader30_1: out 1 more hold 1
(1:51 PM) scalpboy: that news bear could have been the trigger
(1:52 PM) gtrader30_1: targ 93
(1:52 PM) scalpboy: buy the rumor sell the fact
(1:52 PM) schleprock_3: yes
bearishtrader: retail numbers out too maybe a.combo of things
(1:53 PM) schleprock_3: now looking for selloff to support
(1:53 PM) scalpboy: doesn't take much
(1:53 PM) schleprock_3: one way to reenter is to watch the Ticks pull back
(1:54 PM) gtrader30_1: glbx high offering sup
(1:57 PM) Paltalk: Today on News Talk. The vice-chairman of an organization that’s trying to get Congress to give legal status to the surviving members of the illegal immigrants who were killed in the 9/11 attacks. And … Rudy Giulani, has formed a.committee to explore a possible run for the White House. A former Guiliani aide joins us with a unique insiders view of America’s Mayor. At 5 PM New York time in the Special Features category.
(2:00 PM) schleprock_3: between 3 and 3:15 mkts tend to offer another chance to enter a trade in direction of last trend
(2:00 PM) schleprock_3: not sure if we will get it
bearishtrader: wow r2 melted like butter too
(2:01 PM) bandtrader_007: gap fill on ES
(2:01 PM) schleprock_3: pro only put limit order to buy 12249
bearishtrader: do you mean an old gap on daily chart band?
(2:04 PM) schleprock_3: only resistance left 12288
(2:06 PM) littlewon: makes since
(2:06 PM) littlewon: so what
(2:06 PM) littlewon: another day
(2:06 PM) schleprock_3: yes
(2:06 PM) bandtrader_007: yes bear
(2:07 PM) littlewon: close to exit
(2:10 PM) schleprock_3: all traders except newbies can look to buy pullback
(2:11 PM) schleprock_3: once the pullback pauses best way to enter is one third of normal size at market
(2:11 PM) schleprock_3: then you place a limit at the next support level
(2:12 PM) schleprock_3: first limit buy would be 12254
(2:13 PM) schleprock_3: I am long 12254
(2:13 PM) schleprock_3: second level is 12249
(2:15 PM) danielfields1: thanks for the fun day - will definately be back tomorrow
(2:15 PM) schleprock_3: OK
bearishtrader: bye dan
(2:17 PM) schleprock_3: stop would now be 12239
(2:17 PM) schleprock_3: so better risk reward characteristics
(2:17 PM) schleprock_3: New traders with 1 contract place limit order to buy 12252
(2:17 PM) schleprock_3: stop 12239
(2:17 PM) schleprock_3: Room call
(2:18 PM) schleprock_3: look for 12262
(2:23 PM) schleprock_3: New traders can take a quick profit at 12258
(2:27 PM) schleprock_3: I have reentered long and that stop is 12232
(2:28 PM) schleprock_3: and I have order to exit trade 12256 market if touched
(2:29 PM) scalpboy: new traders still in long from limit long at 52
(2:29 PM) schleprock_3: No new trade entries at this point only exits
(2:29 PM) scalpboy: i mean from before
(2:30 PM) schleprock_3: If someone has a limit order to sell out at 58 may not be filled yet
(2:30 PM) scalpboy: newbies long
(2:30 PM) scalpboy: right
bearishtrader: scalpboy keep your stop at 12239
(2:30 PM) schleprock_3: a way to ensure that one gets out is to use a market if touched order
bearishtrader: for that one
(2:30 PM) schleprock_3: so once it strikes your price you exit
(2:31 PM) schleprock_3: like my order to sell
(2:31 PM) schleprock_3: 12255
(2:31 PM) scalpboy: never used that one but i iunderstand what u mean
(2:31 PM) schleprock_3: OK
(2:32 PM) schleprock_3: you could also watch price
(2:32 PM) scalpboy: yes i do
(2:32 PM) schleprock_3: and keep ready to hit mkt order
(2:32 PM) schleprock_3: and when price touches yoour target you exit
(2:32 PM) schleprock_3: this is a skill that one acquires
(2:33 PM) scalpboy: done that many times on er
(2:33 PM) schleprock_3: yes
(2:33 PM) schleprock_3: cool
(2:33 PM) scalpboy: np with that
bearishtrader: program buying on ES
(2:40 PM) scalpboy: stop be +1
(2:40 PM) schleprock_3: yes the limit was hit
(2:40 PM) scalpboy: out 57
bearishtrader: nice scalpboy
(2:41 PM) cosmo_05: guys thanks for the great day great evening to all
(2:41 PM) scalpboy: thought it may make a run but 4 ols scalpers i would never let mkt take all my money after 2 runs at it
bearishtrader: bye cosmo
(2:41 PM) schleprock_3: good idea
(2:41 PM) schleprock_3: cya cosmo
(2:41 PM) scalpboy: thanks 4 the trade
(2:42 PM) schleprock_3: thank you for pulling the trigger
(2:43 PM) scalpboy: yea trigger is hard sometime but stop is harder 4 most dont wont mean mr mkt to get ur money but before u know it u wish u had orginal stop
(2:44 PM) scalpboy: that was one of the hardest things 4 me to learn
bearishtrader: held out for 160
(2:45 PM) scalpboy: bear hang in there i'm out can go to moon now
bearishtrader: yes if it takes out high definitely I am happy with the scalp
(2:46 PM) scalpboy: never go broke taking a profit
(2:47 PM) schleprock_3: no sound again from me?
(2:47 PM) nkhoi: n
(2:47 PM) scalpboy: no
(2:47 PM) ctrader: Other than more buyers than sellers, does anybody know what started the rally? News, events, etc..??
(2:47 PM) schleprock_3: Caj said he could not hear
(2:47 PM) schleprock_3: dang
(2:47 PM) scalpboy: when speaking and we can hear u will see mic next to ur name i think
(2:48 PM) schleprock_3: just did it
(2:48 PM) scalpboy: now no mic
(2:48 PM) scalpboy: there it is
(2:48 PM) schleprock_3: will try again
(2:48 PM) CajunSniper: that was me
(2:48 PM) CajunSniper: there you go
(2:48 PM) scalpboy: ok
(2:48 PM) kalle_89: ok
bearishtrader: sounds good
(2:48 PM) CajunSniper: you have to hold it now just click once
(2:48 PM) nkhoi: great battle on 60 mark
(2:48 PM) nkhoi: y
(2:48 PM) scalpboy: ok
(2:48 PM) CajunSniper: I hope it doesnt get stuck
(2:48 PM) CajunSniper: y
(2:48 PM) kalle_89: good
bearishtrader: nuthin wrong with letting a small amount ride
(2:49 PM) CajunSniper: y
(2:49 PM) schleprock_3: bad news bear
(2:49 PM) schleprock_3: Trigger firing short now
bearishtrader: that's ok I am out already
bearishtrader: it didn't make news high like I expected so happy with +5
(2:50 PM) CajunSniper: bear xls to you
(2:50 PM) schleprock_3: ok cool
(2:50 PM) schleprock_3: it is short at 12256
(2:50 PM) schleprock_3: stop 12267
(2:50 PM) scalpboy: but no one will short ??
(2:50 PM) schleprock_3: just for watching purpose
(2:50 PM) CajunSniper: I have my goal for the day so i will watch the parade
(2:50 PM) schleprock_3: I would not short this with Bill Gates money
(2:50 PM) CajunSniper: ha
(2:50 PM) nkhoi: target?
(2:51 PM) schleprock_3: 12248
(2:51 PM) scalpboy: uncle billpays 500k+ 4 taxes on his house
(2:51 PM) nkhoi: thnx
(2:51 PM) scalpboy: way late in day 4 me
(2:51 PM) schleprock_3: If it hits 48 before being stopped out I will eat my mic
(2:52 PM) littlewon: you just got it
(2:52 PM) scalpboy: might as well schle it doesn't work lol
bearishtrader: small number of newbie prints at 261 showing exhaustion
(2:53 PM) schleprock_3: but it could do it
(2:53 PM) schleprock_3: I am getting the mustard
bearishtrader: yes sorry about that lunchtime stop
(2:54 PM) scalpboy: bear newbie prints?
(2:54 PM) scalpboy: l or s
bearishtrader: a small number of 1 prints at an extreme level
(2:54 PM) scalpboy: meaning ???
bearishtrader: It is from the time and sales prints, or tape
(2:55 PM) scalpboy: ok
bearishtrader: it means price will in the short term go in the opposite direction of those prints
(2:56 PM) scalpboy: got that when u said newbie were u saying newbie could short up there??
bearishtrader: no, newbies tend to buy at the top and short at the bottom
(2:57 PM) nkhoi: it mean fade 'em
bearishtrader: sorry confusing terminology
(2:57 PM) bandtrader_007: your 48 shud be in the bag so get to eating
(2:57 PM) scalpboy: ok i see
(2:59 PM) bandtrader_007: russel moving up so you may be safe
(3:00 PM) schleprock_3: does after close count?
(3:00 PM) schleprock_3: actually it does
(3:00 PM) scalpboy: but es looking a little weak in her
(3:01 PM) scalpboy: here
(3:01 PM) schleprock_3: tape says lower
(3:01 PM) schleprock_3: at least for a spike down
bearishtrader: the character of the market changed right at lunch, and our filters caught it
(3:06 PM) kalle_89: its late here good night all
bearishtrader: 'night kalle
(3:07 PM) schleprock_3: good night Kalle hope you did well
(3:07 PM) schleprock_3: I am putting my mustard away
(3:09 PM) scalpboy: thanks 4 today see u in am
(3:09 PM) schleprock_3: your we.come scalpboy
(3:09 PM) schleprock_3: will talk to you later
(3:09 PM) scalpboy: ok
bearishtrader: bye scalpboy
(3:11 PM) CajunSniper: night everyone
(3:11 PM) CajunSniper: see ya in the am
(3:11 PM) CajunSniper: peace
(3:11 PM) CajunSniper: in the east
(3:11 PM) CajunSniper: etc
(3:11 PM) Paltalk: Today on News Talk. The vice-chairman of an organization that’s trying to get Congress to give legal status to the surviving members of the illegal immigrants who were killed in the 9/11 attacks. And … Rudy Giulani, has formed a.committee to explore a possible run for the White House. A former Guiliani aide joins us with a unique insiders view of America’s Mayor. At 5 PM New York time in the Special Features category.
bearishtrader: hehe hey greg
(3:11 PM) xtreme_trader: hey man
(3:11 PM) xtreme_trader: whats happening
bearishtrader: another good day for us here
(3:16 PM) schleprock_3: OK gang another decent day
(3:17 PM) schleprock_3: there were 6 calls that were profitable out of 6 trades
(3:17 PM) schleprock_3: but I think Bear we should include the lunch time short
(3:17 PM) schleprock_3: right?
bearishtrader: yup I labeled it official
bearishtrader: stop
(3:18 PM) schleprock_3: Even though we know people should not trade during lunch dead zone
(3:18 PM) schleprock_3: at least that makes us look human
(3:18 PM) schleprock_3: someone not in this room will look at the calls and say "no way"
(3:18 PM) schleprock_3: haha
(3:20 PM) schleprock_3: jUst for the record Bear if only the Trigger is firing I want to label that a "Trigger Call"
(3:20 PM) schleprock_3: That is to differentiate it from an OFficial Room call
(3:21 PM) schleprock_3: The Official Room call is suitable for newer traders
bearishtrader: gotcha I will summarize as appropriate
(3:21 PM) schleprock_3: the Trigger Calls are only suitable for professionals only
(3:22 PM) schleprock_3: Caj told me on the phone that you did announce into the room that it was for pros only
bearishtrader: yes
(3:22 PM) schleprock_3: cool
(3:22 PM) schleprock_3: Or only Pros who do not eat lunch
(3:22 PM) schleprock_3: haha
(3:23 PM) littlewon: ok have a good night all
(3:23 PM) schleprock_3: I reviewed that call at lunchtime still was not a bad setup
(3:24 PM) schleprock_3: not the best odds but still was getting near resistance
bearishtrader: 'night littlewon
(3:25 PM) schleprock_3: the only forewarning that things were changing was the uptrending adv decl line
(3:26 PM) schleprock_3: Just a note to our traders who have not considered the opening range
(3:26 PM) schleprock_3: today, one could have made money trading the break of the opening range
(3:26 PM) schleprock_3: in both directions
(3:27 PM) justine99: what time is the opening range
(3:27 PM) justine99: i mean from 9.30 to what time
bearishtrader: draw a line across the high and low price levels of the first 15 minutes of trading
(3:27 PM) schleprock_3: yes
bearishtrader: 9:45 on esignal candles are time stamped based on open of candle
(3:27 PM) schleprock_3: at 9:51 the opening range was broken to the downside
(3:28 PM) schleprock_3: and went much lower
(3:28 PM) schleprock_3: then
bearishtrader: so for me I look at the 8:30 to 8:42 timestamped candles
bearishtrader: for tradestation candles are timestamped based on close right Alex?
bearishtrader: on 3 minute chart that is
(3:29 PM) schleprock_3: at 2:43 the opening range was broken on the upside
(3:29 PM) schleprock_3: yes
(3:29 PM) schleprock_3: and Bear is in central zone
bearishtrader: I don't use TS but I think you would look at the 9:33 to 9:45 time-stamped candles range right Alex?
(3:30 PM) schleprock_3: right now Trade Station is working ont the 4:30 candle
(3:30 PM) schleprock_3: just now went to 4:33
(3:30 PM) schleprock_3: so always the next 3 min period
(3:31 PM) schleprock_3: so if you are looking at a Trade Station bar that is labeled 12:03
(3:31 PM) schleprock_3: it is taking into account prices made between 12:00 and 12:03
(3:32 PM) schleprock_3: Oh I see Greg stopped by
(3:32 PM) schleprock_3: I missed him
bearishtrader: yes he popped in and out
bearishtrader: y
(3:35 PM) Ge_off: apparently so
(3:35 PM) Ge_off: getting some research out of the way
(3:35 PM) Ge_off: he doesnt want people to see him in here
(3:35 PM) Ge_off: hehe
(3:36 PM) Ge_off: getting tips
bearishtrader: haha
(3:36 PM) Ge_off: I know for a fact we've had some pros checking up on us
(3:36 PM) Ge_off: caught there eye
(3:36 PM) Ge_off: hehe feels good
(3:37 PM) Ge_off: i dont think teresa even belives the win rate %
(3:37 PM) Ge_off: her email today was very skeptical.. forwarded it to ya.
(3:37 PM) schleprock_3: I know
(3:37 PM) Ge_off: I'll send her a screen cap of a statement one day
bearishtrader: she needs to hang out with us
(3:37 PM) schleprock_3: she probably believes we are paying everyone to stay in this room
(3:37 PM) schleprock_3: yep
(3:37 PM) schleprock_3: the only way
(3:37 PM) Ge_off: I've had people email me
(3:38 PM) Ge_off: and ask to pay in advance
(3:38 PM) schleprock_3: we will honor the discount then
(3:38 PM) Ge_off: and we havent started charging. thats odd. I've run and helped out a few businesses and that never happens
(3:38 PM) schleprock_3: I told you
(3:38 PM) Ge_off: Ye
(3:38 PM) Ge_off: Yes