Thursday, April 30, 2015

Apr 30 2015

Another beautiful trading session, with 5 strong wins and 1 5-cents stop.


Session Time: Thu Apr 30 00:00:00 2015
[09:16] {dino} gm
01[09:16] {@Threei}  dino :)
[09:18] {drewj} hey guys
01[09:18] {@Threei}  drew :)
[09:20] {drewj} I made a decision Vad...for the next month I am not going to trade live.  I am only going to use my demo account.
[09:20] {drewj} I'm just going to focus on learning.
01[09:20] {@Threei}  then make sure that follow the rules of paper trading, to make it most effective
[09:21] {drewj} I will
01[09:22] {@Threei}  http://blog.realitytrader.com/2009/12/paper-trading-waste-of-time-or-valid.html
[09:29] {dino} vrsk gap fill
[09:31] {jfjf64} Mornin men
01[09:31] {@Threei}  jf :)
01[09:31] {@Threei} Long Setup:  FB  .10 break
01[09:31] {@Threei}  If holds  80
01[09:32] {@Threei}  1:1
01[09:33] {@Threei}  1:2
01[09:33] {@Threei}  1:3
01[09:33] {@Threei}  out
[09:33] {jfjf64} 1:4
[09:34] {jfjf64} Ty f.  K.  Yea
01[09:34] {@Threei}  yw
[09:34] {jfjf64} Your open reads r great
[09:35] {jfjf64} What did you see there
01[09:35] {@Threei}  I'd have to kill you...
[09:35] {jfjf64} K
[09:35] {jfjf64} Keep a secret
[09:35] {jfjf64} Thank god I didn't miss
01[09:36] {@Threei} Short Setup: FCX  .65 break
[09:36] {jfjf64} Nemo missed
01[09:36] {@Threei}  If holds  .75
01[09:36] {@Threei}  he'll be in later
01[09:40] {@Threei}  1:1
[09:40] {jfjf64} House money
01[09:41] {@Threei}  my favorite kind
[09:43] {jfjf64} Next
[09:43] {jfjf64} No harm
[09:43] {jfjf64} Vrx pushin
[09:44] {jfjf64} What a bitch fcx
01[09:45] {@Threei}  *(US) APR CHICAGO PURCHASING MANAGER: 52.3 V 50.0E -
[09:47] {jfjf64} Want pullback esrx
[09:48] {jfjf64} Ha late to party
[09:49] {jfjf64} Boy fb big swings.  Up.  Down
01[09:51] {@Threei} Long Setup:  FB  .35 break
01[09:51] {@Threei}  If holds  .25
01[09:51] {@Threei}  change to .30
01[09:51] {@Threei}  If holds  .20
01[09:51] {@Threei}  to .24
[09:52] {jfjf64} K
01[09:53] {@Threei}  1:1
[09:53] {jfjf64} Hm
[09:53] {jfjf64} Gjob
01[09:54] {@Threei}  GJOB, symbol not found
[09:54] {jfjf64} Lol
01[09:54] {@Threei}  :)
[09:54] {jfjf64} B
01[09:54] {@Threei}  25 minutes in, 3 wins, 1 bad joke
[09:55] {jfjf64} Wher trail to
01[09:55] {@Threei}  .29
[09:56] {jfjf64} Get to .50 we go to hod
01[09:59] {@Threei}  closed on a trail
[09:59] {jfjf64} Yes
[10:02] {jfjf64} Fb here
[10:02] {jfjf64} .20 break
[10:03] {jfjf64} 1:1
[10:03] {jfjf64} 1:2
[10:08] {jfjf64} Spw bounce time 20
[10:08] {jfjf64} .20
[10:08] {jfjf64} Dino here today
[10:09] {jfjf64} No go
[10:10] {jfjf64} Comon
[10:10] {jfjf64} Comon
[10:12] {jfjf64} Up .80 cents
[10:15] {dino} sidetracked
[10:16] {jfjf64} Good morning so far
01[10:22] {@Threei} Short Setup: FB  80 break
01[10:23] {@Threei}  If holds  .10
[10:24] {jfjf64} Mbcomon follow aapl
[10:25] {jfjf64} Comon
[10:26] {jfjf64} .91 big line in sand
[10:26] {jfjf64} Let's break it down
[10:27] {jfjf64} Might be time to break out steel toe boots vg
01[10:29] {@Threei}  I just swore off violence
[10:30] {jfjf64} Maybe one more time
[10:31] {jfjf64} Need to go now gettin closer to 13 ma north side
06[10:32] * @Threei hits FB over the head with 2x4
[10:32] {jfjf64} Yeah
[10:32] {jfjf64} That a boy
[10:32] {jfjf64} Half out here
01[10:32] {@Threei}  there... just when I think I am out, they pull me back in
[10:32] {jfjf64} 91
[10:33] {jfjf64} Ya a team player
[10:33] {jfjf64} You sell half .91
[10:34] {jfjf64} Long here
[10:34] {jfjf64} Imo
[10:35] {jfjf64} I got you 4-0 today
[10:35] {jfjf64} Ty
01[10:35] {@Threei}  yw
[10:37] {jfjf64} I didn't play long looks nice
[10:40] {jfjf64} .91 wall
[10:41] {jfjf64} Breaks 80 I'm long pal
[10:42] {jfjf64} Maybe trap but I bit
[10:45] {jfjf64} No
01[10:46] {@Threei}  1:2
[10:46] {jfjf64} Good job
[11:04] {jfjf64} Spy
[11:14] {jfjf64} Holx .50 break
01[11:17] {@Threei} Long Setup:  TWTR  .70 break
01[11:17] {@Threei}  If holds  .60
01[11:34] {@Threei} Long Setup:  TWTR  .20 break
[11:34] {jfjf64} Twtr 20 break long
[11:34] {jfjf64} Lol
01[11:34] {@Threei}  If holds  .10
[11:35] {jfjf64} That's scary
[11:36] {jfjf64} If winner I get smiley face
[11:37] {jfjf64} If loser ya fault
01[11:37] {@Threei}  deal
01[11:39] {@Threei}  1:1
[11:42] {jfjf64} Need to get up north on 13 ma
[11:42] {jfjf64} .31
[11:42] {jfjf64} Now .33 we good
[11:44] {jfjf64} You take smiley 5-0 today
[11:44] {jfjf64} Nice
[11:49] {jfjf64} I hate twtr
[11:50] {jfjf64} Never used it
[11:51] {jfjf64} Going to lunch
01[11:52] {@Threei}  solid?
[11:52] {jfjf64} Yes
[11:53] {jfjf64} Tonight lots liquid ranger hockey
[11:53] {jfjf64} We play hockey in the states
01[13:11] {@Threei} Long Setup:  TWTR  .40 break
01[13:11] {@Threei}  If holds  .30
[13:11] {nemo} how was morning
[13:12] {nemo} don't answer me all at once
01[13:15] {@Threei}  hey
01[13:15] {@Threei}  very nice, 5:5
01[13:16] {@Threei}  jf is unconscious of happiness
[13:16] {nemo} wow, nice opening
01[13:16] {@Threei}  but have to give it to him, he regretted that you miss good trading morning
[13:16] {nemo} Tell you the truth, couldn't have had a better one myself
01[13:16] {@Threei}  09:36] {jfjf64} Nemo missed
[13:17] {nemo} missing the morning was worth every penny
01[13:17] {@Threei}  productively chased some blonde?
[13:18] {nemo} no, not quite
01[13:18] {@Threei}  unproductively then
[13:19] {nemo} hardly
[13:20] {nemo} dcc vad
[13:21] {nemo} SPY looks short but finnies and IWM noncommital
01[13:21] {@Threei}  feels like random waves
[13:22] {nemo} had good trading yesterday, down day on Monday, up day on Tuesday, probably needs to coalesce today
01[13:23] {@Threei}  you are a tad rusty
01[13:23] {@Threei}  gotta get back in the saddle
[13:23] {nemo} in regards to?
01[13:23] {@Threei}  trading
01[13:24] {@Threei}  had what, two months intermission?
[13:24] {nemo} don't know, been so busy, lost track
[13:25] {nemo} BABA looks short
01[13:26] {@Threei}  lol: https://www.facebook.com/video.php?v=771158919562430
[13:35] {nemo} AAPL looks weak
01[13:48] {@Threei} Long Setup:  TWTR  .10 break
01[13:48] {@Threei}  If holds  39
01[13:49] {@Threei}  change to 39
01[13:49] {@Threei}  If holds  .90
[14:00] {nemo} shit rinsed on aapl short
[14:04] {nemo} EBAY
[14:10] {jfjf64} Wow fb smashed
[14:11] {dino}  ocr spike
[14:11] {jfjf64} Seemed heavy
[14:11] {jfjf64} Esrx spike
[14:13] {dino} ocr sm s .00
[14:27] {jfjf64} Iwm.55 break long
[14:30] {jfjf64} Nope
01[14:37] {@Threei} Long Setup:  FCX  .45 break
01[14:37] {@Threei}  If holds  .35
[14:41] {dino} orc sm s .02
[14:41] {nemo} try that again Dino, unless you're watching LOTR
[14:42] {dino} ?
[14:43] {dino} stopped
[14:43] {nemo} ok...maybe I'm wrong, you just traded ocr, now you're trading orc
[14:43] {dino} opps, meant ocr
[14:43] {nemo} thought so
[14:43] {nemo} and it's oops
[14:43] {dino} lol
[14:43] {nemo} sheesh...Vad a bad influence
[14:44] {dino} watching too many screens today, eyes are bugging, mind is losing it
[14:44] {nemo} you're old too
[14:44] {dino} 12 windows open on two different platforms, trying to figure things out
[14:45] {nemo} you're fucked
[14:45] {nemo} too much info
[14:45] {jfjf64} Crazy
[14:45] {nemo} you should trade on one, then open the other during lunch to play
[14:45] {nemo} then shut it down for the afternoon session
[14:45] {dino} rinsed
[14:45] {nemo} know that feeling
01[14:47] {@Threei}  stop to .34
[14:49] {nemo} VXX
01[14:49] {@Threei}  meh
[14:49] {jfjf64} Vxx
[14:49] {nemo} no real bounce in market who is gonna buy now
[14:50] {dino} amot crushed this week -11
[14:53] {nemo} VXX
[14:56] {jfjf64} .70 l fb
[14:58] {jfjf64} Nope
[14:58] {jfjf64} Looked like not following mkt for min
[14:58] {jfjf64} Stupid trade
[14:59] {nemo} we could rot into the close now
[14:59] {jfjf64} Hope ya in vxx
[15:00] {jfjf64} Nice call
[15:00] {nemo} 22.01
[15:00] {jfjf64} Nice
[15:00] {nemo} stop is now .08
01[15:00] {@Threei}  wtg
[15:00] {nemo} gap close .23
[15:01] {nemo} stop .12
[15:02] {jfjf64} You partial out nemo
[15:02] {nemo} .18 no
[15:03] {nemo} out spy hit S2 on wekly
[15:05] {jfjf64} You move stop up in increments 5 cents time ?
[15:05] {nemo} depends on the candle
[15:06] {nemo} based on my erroneous estimates of movement
[15:06] {jfjf64} Sounds diffullcut
[15:07] {nemo} arguably should have stayed at .12 but we're so close to S3 daily SPY and the Weekly S2 I put it at .18 which was right below the mid point of that high hammer
[15:08] {nemo} on top of that SPY closed a gap
[15:08] {jfjf64} I use 13 ma when I don't partial
[15:08] {nemo} so conservative play, had those 3 supports not come into play, probably would have let it ride
[15:08] {nemo} sure
[15:08] {jfjf64} Stop wd be .14
[15:08] {nemo} I get a second opinion from Bunny also
[15:09] {nemo} oh oh, elevator down
[15:09] {nemo} 207.38 on tap
[15:10] {jfjf64} Bombs away
[15:10] {nemo} could be
[15:10] {nemo} algo is seriously red
[15:10] {jfjf64} My indicators say bounce here
[15:11] {nemo} volume coming in?
[15:11] {jfjf64} Yep order flow
[15:12] {jfjf64} Divergance
[15:12] {nemo} now, after the last two days, ask yourself why would anybody buy now, other than short covering
[15:12] {cosmo} iwm 121?
[15:12] {nemo} why would anybody buy?
01[15:13] {@Threei}  because bounce
01[15:13] {@Threei}  nothing goes straight up or down
[15:13] {jfjf64} Yes sir
[15:14] {nemo} definitely a support area in SPY
[15:14] {nemo} closed a gap in IWM too
[15:14] {jfjf64} Grrrrr
[15:14] {nemo} and is at price support
[15:15] {jfjf64} Didn't hv balls to pull trigger
[15:15] {jfjf64} Nailed it
[15:16] {dino} jf, you've been in the zone, go w/your gut
[15:16] {nemo} IWM has given up and is back to the December highs
[15:21] {jfjf64} .30 break s aapl
[15:22] {jfjf64} 1:1
01[15:26] {@Threei} Long Setup:  FB  .45 break
01[15:26] {@Threei}  If holds  .35
[15:26] {jfjf64} 1:2
[15:27] {jfjf64} :3
[15:27] {nemo} FB @gap
[15:27] {jfjf64} 1:4
[15:28] {jfjf64} Me out
[15:28] {nemo} long ss0 .01
[15:29] {nemo} stop under .80
[15:29] {nemo} small btw
[15:29] {jfjf64} Sso
[15:29] {nemo} SSO
[15:30] {nemo} it's SPY proxy
[15:30] {nemo} stop to 131
[15:30] {jfjf64} Fb 35
[15:30] {jfjf64} Break
[15:31] {nemo} stop to .10
[15:31] {jfjf64} 1:1
[15:31] {nemo} stop to .18
[15:31] {jfjf64} .53 res
[15:31] {jfjf64} 1:2
01[15:32] {@Threei}  nice
[15:32] {jfjf64} You in vg
[15:32] {nemo} volume coming in SOGOTP time
[15:32] {jfjf64} 1:3 out
[15:33] {nemo} stop to .29
[15:35] {nemo} out
[15:35] {nemo} probably a little too tight
[15:36] {nemo} yep
[15:36] {jfjf64} Iwm
[15:36] {nemo} should have stuck with .18
[15:36] {jfjf64} Cup/ handle
[15:37] {nemo} shuld have got into SSO @.91 but saw it too late
[15:38] {nemo} this .70 leve serious problem, it breaks this VWAP definite possibility
[15:38] {nemo} which would be the .50 level on SPY
[15:38] {jfjf64} Indicator down iwm
[15:39] {nemo} not for me yet but definitely weakening, this is the Weekly S4 on IWM
01[15:39] {@Threei}  OK guys, thank you all
01[15:39] {@Threei}  have a good evening, see youi tomorrow
[15:39] {nemo} thanks for the warning
[15:39] {jfjf64} Vg always leavin party
[15:39] {nemo} wife
[15:41] {jfjf64} .15 iwm sd get held up