Wednesday, June 18, 2014

June 18 2014

Not our day, as market whipped up and down with no direction and low volume. A few good trades diminished the loss but couldn't erase it completely.

Session Time: Wed Jun 18 00:00:00 2014
[09:16] {troub} good morning you all
01[09:16] {@Threei}  morning troub
[09:17] {dino} gm
01[09:17] {@Threei}  dino
01[09:20] {@Threei}  ron, got the movie you recommended... should watch it tonight
[09:22] {RonS} not a great one but a pretty good plot. thought the portrayal of the Russians was interesting...gm btw
01[09:22] {@Threei}  :)
[09:24] {Alexs} gm
[09:24] {ese} morning
01[09:24] {@Threei}  alex :)
01[09:24] {@Threei}  ese :)
[09:24] {ese} alex vad
01[09:27] {@Threei}  not much volume
01[09:27] {@Threei}  ugh... I am channeling nemo
01[09:29] {@Threei}  (IR) Iran President Rohani: Iran is ready for the final step in nuclear deal, but differences remain between Iran and the world powers
01[09:29] {@Threei}  differences as in: we want it, they don't?
01[09:31] {@Threei} Long Setup:  FB  .45 break
[09:31] {dino} roc hl l .82
01[09:31] {@Threei}  If holds  .35
[09:31] {dino} out roc .25, +.43
01[09:31] {@Threei}  nope
01[09:34] {@Threei} Long Setup:  IWM  .75 break
01[09:34] {@Threei}  If holds  .70
[09:36] {ese} in .74
01[09:37] {@Threei}  meh
[09:37] {ese} stopped .64 =.10
[09:37] {ese} -.10
01[09:38] {@Threei}  grrrr
01[09:38] {@Threei}  rinse
01[09:38] {@Threei}  DKTK today should start from the opening
[09:38] {nemo} gonna' be a weird day because of granmama
[09:39] {ese} been alot of weird days or me lately
[09:40] {dino} indeed
[09:40] {ese} vad you better have that vodka filled AK47 ready for the shiskabob party
[09:40] {ese} with the transparent grenade filled as well
01[09:40] {@Threei} Long Setup:  TWTR  38 break
01[09:41] {@Threei}  If holds  .90
01[09:42] {@Threei}  Invalidated
01[09:45] {@Threei} Long Setup:  C  .85 break
01[09:45] {@Threei}  If holds  .80
[09:46] {dino} roc hl l .10 stop .88
[09:48] {dino} glng spike
[09:51] {Alexs} looks like a tight stop C Vad?
01[09:51] {@Threei}  ?
01[09:52] {@Threei}  sorry, don't understand
[09:52] {Alexs} might be rinsed
01[09:52] {@Threei}  it's an aggressive entry for .90
01[09:53] {@Threei}  not much point in aggressive if widen stop
01[09:55] {@Threei}  it's almost as if market never opened
01[09:58] {@Threei} Long Setup:  WMT  .50 break
01[09:59] {@Threei}  If holds  .40
[10:00] {dino} insm partial fill s .15
[10:02] {dino} roc to .40
01[10:02] {@Threei}  Invalidated  WMT
[10:02] {dino} out roc +.30
01[10:03] {@Threei}  meh C
[10:12] {dino} roc hl l .15
01[10:12] {@Threei} Long Setup:  TWTR  38 break
01[10:15] {@Threei}  If holds  .93
01[10:22] {@Threei}  I better go to a monastery today
[10:24] {RonS} grmn strong
[10:27] {dino} acmp hl l .30 gappy sucker
01[10:34] {@Threei} Long Setup:  FB  .50 break
01[10:34] {@Threei}  If holds  .40
01[10:38] {@Threei}  let's change to .40 break
01[10:39] {@Threei}  If holds  .35
01[10:41] {@Threei}  shrug
[10:41] {dino} atlas
01[10:42] {@Threei}  some days shouldn't exist
[10:42] {Alexs} Vad Shragged, new bestseller
[10:45] {dino} cov insm .75, +.40
[10:47] {thomcbell} ubnt 45.49  short break if holding 45.60
[10:48] {dino} tse spikey
[10:53] {thomcbell} ubnt 1:1
[10:53] {dino} gj
[10:54] {thomcbell} 1:2
01[10:54] {@Threei} Short Setup: CAT  .50 break
01[10:54] {@Threei}  If holds  .60
01[10:54] {@Threei}  wtg thom
[10:57] {thomcbell} ubnt 1:3
[10:57] {thomcbell} stock went up 11 points in straight line
01[10:57] {@Threei}  1:1
01[10:59] {@Threei}  1:2
01[11:00] {@Threei}  even a blind pig finds acorn once in a while
[11:00] {dino} vxx l .45
[11:04] {dino} vxx stop .39 -.06
[11:08] {dino} out roc .47, +.32
[11:09] {RonS} gj
[11:09] {dino} ty
[11:10] {troub} you are rocking Dino
[11:10] {nemo} troub, is your name Ron?
[11:10] {RonS} oh boy...
[11:11] {troub} no, was it that bad
[11:11] {nemo} it was an analysis not judgement on my part, obviously you've formed an opinion about Ron's commentary
01[11:12] {@Threei}  hehe
[11:12] {thomcbell} twtr
[11:12] {thomcbell} acting well all of a sudden
[11:12] {nemo} could argue aappl short here
[11:13] {nemo} so much for that
[11:14] {nemo} actually, it's held a .10 range, so I guess below .60 is valid...only thing is Fed today
[11:16] {nemo} Fed and Op Ex together
01[11:21] {@Threei} Short Setup: AAPL  .50 break
01[11:21] {@Threei}  If holds  .60
[11:28] {nemo} 1:1
[11:30] {nemo} homage to Ron:  aapl jacked
[11:31] {nemo} support at .30
01[11:31] {@Threei}  1:1
[11:40] {dino} toub, ty, lucky start
[11:44] {dino} rare spike
[11:45] {dino} qure spike
[11:46] {dino} insm hod
[11:49] {dino} outr drop
01[11:49] {@Threei} Long Setup:  AAPL  .60 break
01[11:49] {@Threei}  If holds  .50
01[11:50] {@Threei}  (US) House of Representatives committee approves a moratorium on internet taxes; could allow for additional online sales tax when put with other legislation
[11:59] {nemo} like iwm below .70?
01[11:59] {@Threei}  for short? nah
01[11:59] {@Threei}  .75 break long I do
[12:04] {dino} outr hl l .52
[12:07] {nemo} crm potential bounce territory
[12:08] {nemo} pivot .69 perfect turn-around level
01[12:16] {@Threei}  perfect DKTK
01[12:16] {@Threei}  too bad I haven't called it
[12:16] {Alexs} ?
[12:17] {Alexs} IWM?
01[12:17] {@Threei}  yes
01[12:18] {@Threei}  nemo's .70 short idea... recross of .70 was perfect long
[12:19] {nemo} we're in drift mode to granmama
[12:20] {dino} outr stop .25 -.27
01[12:21] {@Threei}  AAPL stop .54
01[12:22] {@Threei}  half out
01[12:22] {@Threei}  stop .59
01[12:23] {@Threei}  day sees some improvement
01[12:23] {@Threei}  Ukrainian President Petro Poroshenko made peace proposals for the rebellious east involving a unilateral ceasefire by government forces.
01[12:23] {@Threei}  hmmm... good luck with that
[12:25] {dino} out acmo .35, +.05, thing won't move
[12:26] {dino} outr hl l .98 stop lod
[12:32] {dino} out outr .25, +.27
01[12:34] {@Threei}  wtg
[12:34] {dino} ty
[12:41] {dino} calling it a day, gl and gn
01[13:01] {@Threei}  (US) Senate energy committee approves legislation to allow Transcanada to build Keystone XL pipeline- Vote 12-10 - Bill not yet brought to the Senate floor for a full vote
[13:02] {Alexs} hooray
01[13:06] {@Threei}  I don't think it's a final victory
01[13:07] {@Threei}  far from it
[13:25] {fish_49} Hello all
01[13:25] {@Threei}  hey fish
[13:25] {RonS} hi fish
[13:26] {fish_49} Hey Ron
[13:26] {fish_49} Raven you around?
[13:29] {fish_49} a pic for the english police Nemo
[13:29] {fish_49} http://s1332.photobucket.com/user/bkhmd/media/toad_zps784835c8.jpg.html
01[13:33] {@Threei}  don't see news for this dfrop
01[13:33] {@Threei}  maybe this:
01[13:33] {@Threei}  (EU) IMF said to have issued a statment on the EMU; reiterates calls that the ECB increase its efforts to fight risks of inflation; should consider undertaking bond purchases and QE
01[13:33] {@Threei}  IMF is as idiotic as ever
01[13:33] {@Threei}  two days ago it doled advice to USA
[13:34] {fish_49} huh  wouldnt that be the opposite?  Bond purchases and QE would increase inflation In My humble opinion
01[13:34] {@Threei}  shrug
01[13:34] {@Threei}  [13:33] {@Threei} IMF is as idiotic as ever
01[13:35] {@Threei} Short Setup: AAPL  .40 break
01[13:35] {@Threei}  If holds  .50
01[13:47] {@Threei}  nah
[13:53] {fish_49} so now Obama can decide the name of an NFL team?
01[13:53] {@Threei}  why?
[13:54] {fish_49} pulled trademark for washington redskins name?
[13:54] {fish_49} there has been a long time fight over the name...
[13:55] {fish_49} Patent and Trademark Office has canceled the trademark registrations of the Washington Redskins
[13:56] {fish_49} I should not be suprised  since he can tell the IRS  who to hassle and get away with it
[13:56] {fish_49} lost emails?  wtf
01[13:57] {@Threei}  lol
[13:59] {fish_49} no change
01[13:59] {@Threei}  LMT To Acquire Deposition Sciences, Inc.14:00*(US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25%: TAPERS BOND PURCHASES BY ADDITIONAL $10B TO $35B/MONTH; MBS PURCHASES BY $5B TO $15B (AS EXPECTED)
[14:00] {nathan} hi all
01[14:00] {@Threei}  hey nathan
[14:01] {fish_49} hey Nathan
[14:01] {nathan} fmoc?
[14:01] {fish_49} yea
[14:01] {nathan} what's up fish?
[14:01] {fish_49} everything but the Canadian Dollar
01[14:02] {@Threei}  good
[14:02] {fish_49} now the currencies correcting
01[14:03] {@Threei}  waiting for pullback entries
01[14:03] {@Threei}  IWM around .90
01[14:03] {@Threei}  AAPL around .50
01[14:04] {@Threei} Long Setup:  IWM  .90 break
01[14:05] {@Threei}  If holds  .80
01[14:05] {@Threei} Long Setup:  IWM  .70 break
01[14:05] {@Threei}  If holds  .60
01[14:05] {@Threei}  1:1
01[14:06] {@Threei}  1:2
01[14:07] {@Threei}  - Fed Rate Path Forecast: 1 official sees first hike in 2014 (1 prior), 12 officials see first hike in 2015 (13 prior); 3 see first hike in 2016 (2 prior)
01[14:08] {@Threei}  Amazon.com Inc Unveils new Fire Phone smartphone, featuring Gorilla Glass 3 and rubber frame, HD display
01[14:11] {@Threei}  ugh, missed AAPL
01[14:12] {@Threei}  went just where I wanted it
[14:12] {fish_49} but you can't complain about the IWM trade
[14:13] {fish_49} Alex get 1:5 on that one?
[14:13] {Alexs} I wish it was just one trade today...
[14:16] {thomcbell} VERY NICE VAD
01[14:16] {@Threei} Short Setup: IWM  .30 break hl
01[14:16] {@Threei}  If holds  .30
[14:16] {fish_49} tight stop
01[14:16] {@Threei}  .20 break of course
01[14:16] {@Threei}  lol
[14:16] {fish_49} lol
[14:19] {nemo} think they want to fill that spy gap
01[14:21] {@Threei}  Invalidated
[14:21] {Alexs} who wants nemo? who are these evil conspirators?
[14:22] {fish_49} the Spies
01[14:22] {@Threei}  THEY
[14:22] {Alexs} ahh
01[14:26] {@Threei} Short Setup: IWM  .30 break
01[14:26] {@Threei}  If holds  .40
[14:27] {fish_49} School out for the summer ese?
01[14:29] {@Threei}  they are on strike against summer, fish
[14:29] {nathan} lol
[14:30] {fish_49} ahhh  they don't like vacation?
01[14:31] {@Threei}  they hate it
[14:31] {nemo} there's your gap close...huge ES block just traded
[14:31] {fish_49} yea
[14:32] {nemo} now you can look for shorts
[14:32] {thomcbell} spx futures?
[14:32] {nathan} thanks for ur clarifications
[14:32] {nathan} ;-)
[14:32] {fish_49} ES has gap at 1944 not filled
[14:32] {fish_49} but that Gap may have been from Rollover
[14:33] {nemo} they used them to close the spy gap fish face
[14:34] {Alexs} why did you call IWM first time hl and then full Vad?
[14:34] {fish_49} another 10 billion cut
[14:35] {nemo} yeah, but there still financing 600 billion of the deficit a year
01[14:36] {@Threei} Short Setup: AAPL  .95 break
01[14:36] {@Threei}  If holds  .05
[14:36] {nemo} Yellen speaking now
[14:36] {fish_49} yea
[14:37] {fish_49} where ya been toad  she is 15 minutes into her speach
[14:37] {fish_49} she just said to Tell Nemo hello
[14:37] {nemo} watch headline risk
01[14:39] {@Threei}  1:1
[14:42] {nathan} nemo can u explain bit more about the spy before?
[14:42] {nathan} didnt catch it
[14:48] {Alexs} do you still keep AAPL Vad?
01[14:48] {@Threei}  yes
01[14:49] {@Threei}  half
[14:49] {Alexs} yes
01[14:51] {@Threei}  not anymore
[14:51] {Alexs} sheesh was 1 cent from 1:2
[14:52] {fish_49} the guy asked in a polite way.. Is there a bubble in the markets
01[14:52] {@Threei}  yeah
[14:53] {Alexs} she always answers in a polite way : yes
[14:56] {fish_49} for the first time, the fed is not blaming weather on the slower growth and slight increase in inflation
[15:03] {fish_49} ES gap filled
01[15:06] {@Threei}  FB should be topping after next spike
[15:09] {fish_49} around .50?
01[15:09] {@Threei}  .40 - .50 is my thinking
01[15:10] {@Threei}  .40 recross if holds .50
[15:10] {fish_49} I can't short but enjoy watching it
01[15:13] {@Threei}  sigh
[15:13] {fish_49} missed by a few ticks
01[15:16] {@Threei} Short Setup: FB  .30 break
01[15:17] {@Threei}  If holds  .40
01[15:18] {@Threei}  Invalidated
[15:19] {nathan} have fun gents
[15:19] {fish_49} good eve Nat
01[15:20] {@Threei} Short Setup: FB  .35 break
01[15:20] {@Threei}  If holds  .45
[15:23] {Alexs} why do you see it short?
01[15:23] {@Threei}  just going with setups that shape up
[15:23] {fish_49} Janet finished
[15:24] {Alexs} looks like .40 long
01[15:25] {@Threei}  .45, maybe
[15:25] {fish_49} funny how it is viewed in different manners
01[15:25] {@Threei}  .40 is neither here nor there
[15:25] {fish_49} I see it as .49 Short  lol
01[15:30] {@Threei}  sigh
01[15:30] {@Threei}  I hate today
01[15:33] {@Threei}  .45 break long worked
[15:34] {fish_49} time of day worked against us on that one....
[15:34] {fish_49} since Alex went long  maybe he will share his earnings with us
[15:34] {fish_49} Good Eye Alex
[15:35] {Alexs} didn't have courage to go against the master ))
01[15:36] {@Threei}  [15:25] {@Threei} .45, maybe
[15:38] {fish_49} .65 short is valid also
01[15:38] {@Threei}  yes
01[15:39] {@Threei} Short Setup: FB  .65 break
01[15:39] {@Threei}  If holds  .65
01[15:39] {@Threei}  If holds  .75
01[15:39] {@Threei}  last try
01[15:40] {@Threei}  stop to .71
01[15:40] {@Threei}  touched 1:1 briefly
[15:40] {fish_49} touched 1:1
[15:44] {fish_49} fallnow faceless Bch  I mean Book
01[15:46] {@Threei}  ok
01[15:46] {@Threei}  did I mention that I hate today?
[15:46] {fish_49} I blame that one on nemo
01[15:46] {@Threei}  have a good evening guys, see you tomorrow
[15:46] {fish_49} enjoy evening  walk well take some good shots