Tuesday, December 2, 2014

Dec 02 2014

About flat day with a lot of back and forth. Wins being larger than stops kept the day at about flat.

Session Time: Tue Dec 02 00:00:00 2014
01[08:50] {@Threei} Long Setup:  ABCD
[08:57] {cosmo} Silver looking like a drunken sailor...
[08:58] {Jenh} gm
01[08:58] {@Threei}  cosmo, jen :)
[09:03] {hat25} dont hear any sounds at posts. my speakers are on and not on mute???
01[09:03] {@Threei} Long Setup:  ABCD
01[09:03] {@Threei}  now?
[09:04] {hat25} no.
[09:04] {Jenh} do you have a mac?
[09:04] {hat25} no.
[09:04] {Jenh} nm
01[09:05] {@Threei}  when you move volume slider, do you hear beep?
[09:05] {hat25} yes
01[09:06] {@Threei}  then you should hear alert when I post word setup
[09:07] {hat25} but not hearing any
01[09:07] {@Threei}  jen, cosmo, jw, do you?
[09:07] {JoebiWan} i just got in, sry
01[09:07] {@Threei} Long Setup:  TEST
[09:08] {Jenh} i don't, but i have a mac so that could be it
01[09:08] {@Threei}  it's for mirc users only, not mibbit
[09:08] {hat25} i am using mirc
[09:08] {Jenh} oh ok. i use mibbit.
[09:09] {JoebiWan} try test again
01[09:09] {@Threei} Long Setup:  TEST
[09:09] {JoebiWan} yeah i hear alert
01[09:09] {@Threei}  works on our side then
01[09:09] {@Threei}  something in your computer configuration, hat
[09:11] {hat25} is there a setting I can check that woud show that a sound is generated when word setup is used?
01[09:12] {@Threei}  as far as mirc is concerned, yours is configured to do that
01[09:12] {@Threei}  other settings in your computer, no idea
[09:14] {dptl} good morning
01[09:14] {@Threei}  dp :)
[09:18] {hat25} one more test please?
01[09:18] {@Threei} Short Setup: TEST
01[09:18] {@Threei}  (gotta keep it balanced, right?)
[09:19] {nemo} as long as I don't have to be sober
[09:19] {hat25} still nothing.
[09:23] {nemo} Raven sitting up on the telephone wires making a long distance caw?
[09:23] {hat25} will investigate furtehr and try again tomorrow pre market. Thanks.Bye
01[09:23] {@Threei}  click Tools - Options - Sounds
01[09:23] {@Threei}  make sure Enable sounds is checked
[09:24] {hat25} is checked
[09:24] {jfjf64} mornin
01[09:24] {@Threei}  then everything in mirc is done right
01[09:24] {@Threei}  jf :)
[09:24] {nemo} right click on Threei
[09:24] {nemo} go into "Info"
[09:25] {nemo} setup an alert for Threei in the "notify" tab
[09:25] {nemo} then send me a bottle of vodka
[09:26] {hat25} can check for word 'setup'?
01[09:27] {@Threei}  setup
[09:30] {Raven} yes nemo
01[09:33] {@Threei} Long Setup:  GLD  .05 break
01[09:33] {@Threei}  If holds  115
01[09:33] {@Threei}  meh
01[09:36] {@Threei} Long Setup:  VXX  .28 break
01[09:36] {@Threei}  If holds  .90
[09:36] {cosmo} I heard that...
01[09:40] {@Threei}  valid still
01[09:41] {@Threei}  change to .95 break
01[09:41] {@Threei}  If holds  .87
01[09:42] {@Threei}  Invalidated
[09:44] {nemo} VXX .90 break
01[09:44] {@Threei} Short Setup: DAL  .60 break
01[09:44] {@Threei}  If holds  .70
[09:45] {nemo} that might have been a little "ready, fire, aim"
[09:45] {nemo} moving stop up to just under BE
01[09:45] {@Threei}  valid
[09:45] {nemo} pheweww
[09:46] {nemo} o.k. by the newspaper
01[09:46] {@Threei}  change to .65 break
01[09:46] {@Threei}  If holds  .72
[09:47] {nemo} out
01[09:48] {@Threei}  sheesh, 1 cent from 1:1
[09:49] {nemo} today has the feel of a scalp day
[09:49] {jfjf64} last month
[09:49] {dptl} out dal
01[09:49] {@Threei}  out
[09:51] {nemo} damn, too tight on VXX
[09:54] {jfjf64} uso
[09:55] {jfjf64} 25.26 daily
01[09:56] {@Threei} Long Setup:  CAT  .95 break
01[09:56] {@Threei}  hl
01[09:56] {@Threei}  If holds  .80
01[09:58] {@Threei}  1:1
[09:59] {dptl} out ty
01[10:00] {@Threei}  *(US) OCT CONSTRUCTION SPENDING M/M: 1.1% V 0.6%E
01[10:00] {@Threei}  1:2
[10:00] {JoebiWan} out thx vad
01[10:00] {@Threei}  yw
01[10:00] {@Threei}  1:3
01[10:00] {@Threei}  out
[10:00] {JoebiWan} brb
[10:04] {dptl} i see i got out too soon
01[10:06] {@Threei}  why did you?
[10:06] {dptl} decide just to scalp this one :)
01[10:07] {@Threei}  what's with discretion? You know better than system does?
01[10:08] {@Threei}  this is first step to abyss
[10:08] {dptl} ye true
[10:21] {nemo} CREE
[10:24] {nemo} DE
01[10:24] {@Threei} Long Setup:  VXX  .65 break
01[10:24] {@Threei}  If holds  .55
[10:26] {nemo} spy overhead gap fill 207.20ish
[10:31] {dptl} Vad do you like aig .80 short?
01[10:31] {@Threei}  want a few min more of consolidation
[10:31] {dptl} ok
[10:38] {dptl} vxx valid again?
01[10:38] {@Threei}  after one more pullback
01[10:38] {@Threei}  not right away
01[10:38] {@Threei}  now it is
01[10:50] {@Threei}  1:1
[10:50] {dptl} out half
[10:55] {dptl} out
[10:57] {nemo} QCOM long over .05 me thinks
[11:01] {nemo} stop under 72
[11:01] {jfjf64} dal
[11:05] {nemo} got uer 1:1
[11:06] {nemo} stop under .10
[11:11] {nemo} .01 short of 1:2
[11:19] {nemo} finally
01[11:19] {@Threei} Long Setup:  IWM  .60 break
01[11:19] {@Threei}  If holds  ,50
[11:21] {nemo} stop to .35
[11:21] {dptl} out iwm
[11:22] {nemo} stop to .45
[11:24] {nemo} moving stop to just under .50
[11:25] {dptl} nice one :)
[11:25] {JoebiWan} gj nemo
[11:25] {nemo} broken clock
[11:27] {nemo} to .60
[11:30] {nemo} mmmhhhh
[11:30] {JoebiWan} wtg
[11:30] {nemo} .70
[11:31] {Jenh} gj nemo
[11:31] {nemo} I think I'll do a shot
[11:31] {nemo} .78
[11:32] {nemo} indexes getting heavy though
[11:32] {nemo} those tails
[11:32] {nemo} pushing the whole number could be tough
[11:34] {nemo} this should be the stop
[11:35] {nemo} this should be a doji and then drop
[11:35] {nemo} predicting the future of course
[11:35] {nemo} gnite
[11:46] {dptl} dal .60 short?
01[11:46] {@Threei}  yes
[11:46] {dptl} lol
[11:46] {nemo} lunchtime
01[12:06] {@Threei} Long Setup:  VXX  .50 break
01[12:06] {@Threei}  If holds  .40
[12:15] {dptl} out half ty
01[12:15] {@Threei}  1:1
[12:27] {dptl} stop still under .50 Vad?
01[12:27] {@Threei}  .55
01[12:28] {@Threei}  has been close enough to 1:2 to tighten it, especially at lunch time
[12:28] {dptl} ye almost reached 1:2
[12:33] {dptl} some more out
01[12:33] {@Threei}  1:2
01[12:34] {@Threei}  see? patience is virtue, and system knows better than you do
[12:34] {dptl} yeap :)
[12:34] {dptl} trailing under .60 last piece
01[12:37] {@Threei}  just confirms once again this thesis, so familiar to Taoists and traders,
01[12:38] {@Threei}  and so non-obvious for, ummm
01[12:38] {@Threei}  normal people
01[12:38] {@Threei}  Ego is behind most of our troubles
[12:38] {nemo} I thought it was women?
01[12:38] {@Threei}  we will get to that
01[12:38] {@Threei}  why does a trader break the rules and takes a scalp instead of pasrtialing,
01[12:39] {@Threei}  changes stop placement,
[12:39] {nemo} fear
01[12:39] {@Threei}  refuses to take stop at all,
01[12:39] {@Threei}  in short, changes his act vs what system prescribes?
01[12:39] {@Threei}  he thinks he knows better,
01[12:39] {@Threei}  system is stupid, he is smart,
01[12:40] {@Threei}  he can pick and chose which parts of it to apply and which to ignore.
01[12:40] {@Threei}  That's ego
01[12:41] {@Threei}  now, women... that's something nemo wanted to discuss, I'll remove myself from that
[12:54] {Jenh} since women are behind most of your troubles, nemo, i'll bother you
[12:54] {Jenh} what algo program do you use?
[12:54] {nemo} indexes look lower
[12:54] {nemo} ?
[12:55] {Jenh} you mentioned "algo" before
[12:55] {nemo} oh
[12:55] {nemo} agilemetrix
[12:55] {Jenh} thanks
[12:59] {dptl} and out balance vxx
[13:08] {dptl} vlo .80 long?
[13:09] {dptl} nah
01[13:09] {@Threei}  aggressive
01[13:09] {@Threei}  on pullback
[13:09] {dptl} .70?
[13:11] {dptl} ah..didnt take it
01[13:14] {@Threei}  too bad
01[13:14] {@Threei}  this is the way to play this kind
[13:14] {nemo} VLO likely breaks out
01[13:14] {@Threei}  these sharp retreats from breakout level are often just preparations for the move
[13:15] {nemo} DKTK
01[13:15] {@Threei}  modification of it, yes
[13:16] {dptl} yeah ..dont want to take break now...may be it'll give one more chance at lower price
[13:17] {Jenh} DKTK?
01[13:18] {@Threei}  that's my finest invention
01[13:18] {@Threei}  Don't Kid The Kidder
[13:18] {Jenh} ahhh gotcha
[13:18] {Jenh} actually i think i asked before
[13:18] {Jenh} i will definitely remember it now
[13:18] {dptl} or may be break with .75 stop
01[13:19] {@Threei}  out of all the setups and ways to play them, for me personally this one is the most satisfactory
[13:21] {dptl} well....i missed it :)
[13:22] {Jenh} good that you saw it though
01[13:22] {@Threei}  don't make him feel better jen
[13:22] {Jenh} lol
01[13:22] {@Threei}  we want him to suffer
[13:22] {dptl} lol
[13:23] {Jenh} didn't realize, sorry :)
[13:23] {nemo} ignominiously
01[13:23] {@Threei}  it will make him a bbetter trader... and deliver us a great pleasure {G}
[13:23] {nemo} get with the program
[13:23] {nemo} actually, we don't care about the former, just the latter
01[13:23] {@Threei}  yes but we use former as a cover
[13:23] {Jenh} i c now
[13:24] {nemo} you had no eye deer
[13:24] {nemo} oh jeez...I'm sober again
[13:24] {Jenh} omg
01[13:29] {@Threei}  we don't have anyone from Alabama, right?
01[13:29] {@Threei}  dp... whatever you do, do not look at VLO
01[13:30] {@Threei}  or you'll see it at 1:2, and suffer
01[13:30] {@Threei}  ignominiously
[13:30] {dptl} to late...lol looked :)
01[13:30] {@Threei}  good... you suffer and I can pretend I tried to prevent you from that
[13:30] {dptl} lol
01[13:31] {@Threei}  see how this goes, Jen? :)
[13:31] {Jenh} lol
[13:31] {Jenh} i am
[13:33] {dptl} fcx
[13:34] {dptl} .90 short may be
01[13:35] {@Threei}  rather feels like long to me
[13:36] {nemo} yeah, look at daily
[13:36] {dptl} yeah, may be you right
[13:36] {nemo} maybe not
[13:37] {dptl} only thing i dont like is it in the midle intraday
01[13:38] {@Threei}  it frmed nice support and start nibbing on resistance, chart very much looks like trend reversal in the making
[13:39] {dptl} hmm...so you think 26 long?
[13:39] {nemo} not necessarily, might not do much of anything actually, given it's only the second day around this level
[13:40] {nemo} pivot is 26.15
01[13:44] {@Threei}  if SPY helps, it's a possible play
[13:44] {pamsv} thanks all - cu tom..
[13:44] {nemo} tom who?
[13:45] {nemo} DP scared her away
[13:45] {Jenh} bye pam!
[13:45] {nemo} she left Jen all alone
[13:45] {Jenh} sounds like i should be scared
[13:46] {nemo} I was just stating a fact
[13:46] {Jenh} oh ok. nm then
[13:46] {nemo} what brings on your emotional states are beyond my control
[13:46] {Jenh} lol
[13:46] {nemo} VXX dying ignominoulsy
[13:47] {nemo} having said that, it's amazing for what I have been blamed
[13:48] {nemo} kinda' have short setups in spy and iwm
[13:48] {nemo} finnies still strong
[13:48] {nemo} still have the overhead gap to .20ish to fill
[13:50] {nemo} hey joebi
[13:50] {JoebiWan} hey
[13:50] {nemo} http://goo.gl/d6QnAr
[13:52] {nemo} so IWM weak spy still holding finnies still holding
[13:52] {JoebiWan} you said you had the 220 right?
[13:53] {JoebiWan} or liked it
[13:53] {nemo} 229 frames...I want to get the 250
[13:53] {nemo} I do like the 220
[13:53] {nemo} shot them alot back in the 80's
[13:55] {Jenh} what's a good gun for someone starting out?
[13:55] {nemo} what are you using it for?
[13:55] {dptl} lol
[13:56] {nemo} I'm serious dp
[13:56] {Jenh} protection
[13:56] {nemo} home or carry?
[13:56] {Jenh} wow. um home
[13:56] {nemo} .45
[13:56] {nemo} bigger the bullet the better
[13:56] {Jenh} thanks. you know a lot
[13:57] {Jenh} thought you would just give like one trial gun name
[13:57] {Jenh} thanks
[13:57] {nemo} .45 are actually an easier recoil to deal with than a .40 or 9mm...it's more of a push
[13:57] {Jenh} oh ok
[13:57] {nemo} self defense distances are usually under 10 ft
[13:58] {Jenh} that's actually really good to know
[13:58] {nemo} most are under 7 feet
[13:59] {nemo} question is, do you really have the balls to shoot somebody...if you don't, don't get one...I talked a guy out of buying one because I could tell he didn't have the demeanor
[13:59] {nemo} He'd just get it shoved up his ass
[13:59] {nemo} sold him pepper spray
[14:00] {Jenh} oh wow. ok. i'm hoping i would be able to. maybe i should just pepper spray then
[14:00] {nemo} "HOPE"  notice how many letters?
[14:00] {Jenh} dirty four letter word i know
[14:00] {nemo} yep
[14:01] {nemo} look if you got a nasty streak then could be...mindset more important then marksmanship at self defense distances
01[14:01] {@Threei}  thAn!
06[14:02] * @Threei slaps nemo around a bit with a grammar book
[14:02] {dptl} twtr almost same chart as fcx
06[14:02] * nemo shrinks ignominiously
[14:02] {nemo} got ur grenade launcher Vad?
01[14:02] {@Threei}  and won't hesitate to use it for a sec
01[14:03] {@Threei}  at the first sign of an enemy reaching for that pepper spray
[14:03] {nemo} you look handsome through a ballistic reticle
[14:03] {dptl} they call it bear spray here :)
01[14:03] {@Threei}  but jokes aside, nemo is right... you don't know whether you can use it until you are in that situation
[14:11] {nemo} FB .15 break looks interesting
01[14:11] {@Threei} Short Setup: TWTR  .60 break
01[14:11] {@Threei}  If holds  .70
[14:22] {nemo} finnies gonna' pop
01[14:24] {@Threei}  trail to .66
[14:25] {dptl} ok
[14:25] {nemo} choppy unlike yesterday
[14:33] {dptl} out twtr
[14:34] {dptl} choppy choppy
[14:39] {nemo} VXX looks like it's setting up long
[14:40] {nemo} might see if it can get closer to 27, that's also S3 daily
[14:43] {Jenh} g2g. dental appt. see you guys tomorrow
[14:43] {Jenh} gl trading!
01[14:45] {@Threei} Long Setup:  VLO  51 break
[14:46] {dptl} was just about to ask :)
[14:49] {dptl} .95 agrresive?
01[14:49] {@Threei}  rather .90, if holds .85
[14:53] {nemo} gap up tomorrow
01[15:01] {@Threei} Long Setup:  IWM  .30 break
01[15:01] {@Threei}  If holds  .20
[15:04] {nemo} VXX
01[15:08] {@Threei}  http://globalnews.ca/news/1702339/paying-to-cuddle-one-b-c-woman-says-business-is-booming/
[15:08] {nemo} $60 an hour
01[15:11] {@Threei}  stop to .24
[15:12] {dptl} out
[15:12] {dptl} oh well
[15:17] {dptl} i think we can try vxx now .05 break ...what do you think?
03[15:17] * stillstanding is now known as _hat23
[15:17] {nemo} buy it here
01[15:18] {@Threei}  yes, 22.01
01[15:18] {@Threei}  27
[15:18] {nemo} having said that, indexes are bull flagging
01[15:18] {@Threei}  and I am offended by your suggestion that I think
[15:18] {dptl} got .03
[15:18] {nemo} he said "i think" or whatever passes for thinking in his brain cell
[15:19] {dptl} lol
[15:19] {dptl}  stop .95? right?
[15:19] {nemo} nothin' personal dp, I just take the setup ;-)
[15:19] {_hat23} back again checking for sound
01[15:19] {@Threei}  for ow... trail to .99 after .05 break
01[15:19] {@Threei} Long Setup:  TEST
[15:20] {nemo} hate that stock
[15:20] {nemo} see dp
01[15:20] {@Threei}  1:1
[15:20] {dptl} out half
01[15:21] {@Threei}  however painful it is to admit, but nemo's right
[15:21] {nemo} as a matter of fact, or rhetoric as the case may be, you do yourself a disservice looking at .00 .05 .10 etc, the hft's hunt those levels
01[15:21] {@Threei}  not always
01[15:21] {@Threei}  1:2
[15:21] {nemo} alot
01[15:21] {@Threei}  this is a case of aggressive entry
01[15:22] {@Threei}  thwey are somewhat different
[15:22] {nemo} fuckers will get to .*9 and back off
01[15:22] {@Threei}  hat, need more tests?
[15:22] {nemo} if chart shows .03 break, might be worth taking .04
[15:22] {_hat23} yes please
[15:22] {nemo} instead of waiting for .06
01[15:22] {@Threei} Short Setup: TEST
[15:23] {nemo} aggressive perhaps, but look at the chart .03 break
[15:23] {nemo} so take .01
01[15:23] {@Threei}  yes, but herfe is the way to view it
01[15:23] {@Threei}  actual setup was 22 break,
[15:23] {dptl} trailing under .10
[15:23] {_hat23} one more please
[15:23] {nemo} huh?
[15:24] {JoebiWan} 27
[15:24] {nemo} when it held 27 whole
01[15:24] {@Threei} Long Setup:  TEST
[15:24] {nemo} yeah, like the padawan said
01[15:24] {@Threei}  27
01[15:24] {@Threei}  ,03 was in mind simply becase dp looked at it late,
[15:24] {nemo} ahhhh
01[15:24] {@Threei}  so the logic here is:
01[15:25] {@Threei}  22 break is setup,
[15:25] {nemo} there's that thinking again
01[15:25] {@Threei}  luckily it didn't get too far,
06[15:25] * nemo slaps Vad around with a lobotomy
01[15:25] {@Threei}  pilled back into 22 after break,
01[15:25] {@Threei}  grab it here
[15:25] {JoebiWan} lol
01[15:25] {@Threei}  and consider it either conservative entry after 22 break
[15:25] {_hat23} hear a sound but very low for some reason . even though volume turned up??
01[15:25] {@Threei}  or aggressive for .05
[15:25] {nemo} oh, got a funny story about a russian guy...true
[15:26] {nemo} he got a green card for he and his family
[15:26] {nemo} lived in LA
[15:26] {nemo} picked up a mistress
01[15:26] {@Threei}  that's something in your comp, hat, we do not control volume from here, we simply send a signal for a sound
[15:26] {nemo} they were knoodling...she said she was done, he said she wasn't and made her wait
[15:26] {nemo} until he was finished
[15:26] {nemo} She had him arrested, "no means no"
[15:27] {nemo} He was sentenced to 10 years...served 7, got out of prison gave up his green card
[15:27] {dptl} i actualy got in at 27.022 lol...stil holding last part
[15:27] {nemo} stop should be under .12
[15:27] {dptl} yep
[15:30] {nemo} o.k. vxx don't make a liar out of me (I do that well enough on my own)
[15:30] {dptl} out
[15:30] {nemo} sso long .43
[15:31] {nemo} stop under .35
[15:32] {_hat23} all my system sounds are now quiet so definitely on my end. Thanks.
[15:32] {nemo} well, that's simple to fix
[15:32] {JoebiWan} turn on speakers?
[15:32] {nemo} stop to .40
[15:33] {nemo} nah, control panel
[15:33] {dptl} well...a bit better after that trade :) not good but much better :)
[15:33] {nemo} mixer
[15:33] {nemo} wtf
[15:33] {nemo} I'[m out don't like look of other indexes
[15:33] {dptl} vxx same set up?
[15:34] {dptl} .05?
[15:34] {nemo} nah, circle jerk time with 60 grit
01[15:34] {@Threei}  nah
[15:34] {JoebiWan} ouch
[15:34] {dptl} ok
[15:34] {nemo} yep, no hair around my ankles and no noise when I flatulate
[15:35] {nemo} life's reward
[15:36] {nemo} scalping day?  this has been a sniping day...sheesh
[15:37] {dptl} i guess we are done for today
01[15:38] {@Threei} Long Setup:  IWM  .10 break
[15:38] {nemo} I think indexes are long hre
01[15:38] {@Threei}  If holds  116
[15:38] {nemo} oh oh
[15:38] {nemo} we think alike
01[15:38] {@Threei}  meaning, we don't
[15:38] {nemo} suicide becomes an opting
[15:38] {nemo} option
01[15:39] {@Threei}  nah, I want to see how it's going to end
[15:39] {dptl} fillings i get lol 116.115
01[15:41] {@Threei}  back and forth day, at about breakeven right now
01[15:41] {@Threei}  this position in IWM will move it above or under
[15:41] {nemo} Qcom kept me in the green
01[15:42] {@Threei}  aggressive in VLO at .70 did that for me
01[15:42] {@Threei}  kept b/e that is
01[15:42] {@Threei}  otherwise would have been in red somewhat
[15:42] {nemo} I took tna half out .51
[15:42] {nemo} love T & A
01[15:42] {@Threei}  half out IWM
01[15:43] {@Threei}  stop to .04
[15:43] {nemo} mine is .44
[15:44] {nemo} out
[15:47] {dptl} i am out
[15:47] {nemo} frickin' pins and needles scalping
[15:48] {dptl} ye choppy...negativ, but not bad after that vxx trade
01[15:48] {@Threei}  ok, done
01[15:48] {@Threei}  thank you all, have a good evening
01[15:48] {@Threei}  see you tomorrow
[15:48] {dptl} gn all
[15:48] {JoebiWan} cya thx