[06:09 am] Ed : good morning
[06:25 am]
Mitch K: #3 signal on 6E
[06:26 am] Ed :
having issue with esignal charts have to
reboot
[06:26 am] Mitch K: was late post,
came on around 1.3320 price
[06:30am
pacific time today at $1673.40 and the peak
price was 1676.50 about 15 min later so that
was a quick one
[06:31 am] Mitch K:
watching NFLX for trades both ways
[06:31
am] Mitch K: watching for bottom on
COL
[06:31 am] Mitch K: trades on LIFE
both ways
[06:32 am] Mitch K: watching HRS
drop
[06:32 am] Mitch K: monitoring
XLNX
[06:32 am] Mitch K: watching
ORLY for top
[06:32 am] Mitch K: watching
GEO for top
[06:32 am] Mitch K: watching
SINA for top
[06:33 am] Mitch K: watching
BIDU for top
[06:33 am] Mitch K: watching
ARIA for trades both ways, next one is short
on top of bounce, not ready yet
[06:34 am]
Mitch K: watching ANV for bottom
[06:34
am] Mitch K: watching MLNX for
bottom
[06:34 am] Mitch K: watching CTRX,
Catamaran, low vol still
[06:35 am] Ed :
monitor this pullback in AMZN see if holfds
for potential long play
[06:35 am] Mitch
K: watching ROC for top, Rockwood
[06:35
am] Mitch K: monitoring KORS drop
[06:35
am] Mitch K: watching COL for 2nd
long
[06:36 am] Mitch K: watching VSI for
top
[06:36 am] Mitch K: watching GEO for
top
[06:36 am] Mitch K: watching SLB
for top
[06:36 am] Mitch K: missed
STT top but watch for 53.10 area for
short
[06:36 am] Mitch K: watching COF for
trades both ways
[06:37 am] Ed : Advanced
traders monitor INTC for loss of 20.80 with
strong vol for potential short
[06:38 am]
Mitch K: watching WAT for top
[06:38 am]
Mitch K: watching NUS for bottom
[06:39
am] Ed : SPY new lod
[06:39 am] Mitch K:
watching STI for bottom
[06:39 am] Mitch
K: watching AMGN for bottom
[06:40 am]
Mitch K: trades both ways on LIFE
[06:40
am] Mitch K: setting up for good bounces wiht
market drop
[06:41 am] Mitch K: watching
WHR for bottom
[06:41 am] Mitch K:
watching IPGP for bottom
[06:42 am] Ed :
Advanced traders levels LIFE is between
62 and 60 keep an ey out
[06:42 am] Mitch
K: watching ANV closer
[06:42 am] Mitch K:
UAL bottoming
[06:43 am] Mitch K: watching
AXP for bottom
[06:43 am] Ed : monitor
MNST for possible continued
weakness
[06:45 am] Mitch K: watching to
cover short
[06:45 am] Ed : SINA been
strong against market
[06:45 am] Mitch K:
SINA turnign into trending stock up
today
[06:45 am] Mitch K: hope you covered
ORLY short
[06:45 am] Ed : see if can get
a bounce on MNST see how reacts around that
49.9ish area
[06:46 am] Mitch K: watching
ORLY for 2nd helping short
[06:46 am]
Mitch K: monitoring LEG, no hurry, low
vol
[06:47 am] Ed : see how MNST trades
are thing 48.84ish area on bounce if u did
not get short
[06:47 am] Mitch K: BIDU
turning over nicely, too late to short at
this price, need 110.90
[06:47 am] Mitch
K: old favorite KORS long bounce almost
over
[06:47 am] Mitch K: watching ARIA
closer for short on top of bounce; missed
bottom long
[06:48 am] Ed : just reported
Einhorn building short position in
MNST
[06:48 am] Ed : are thing=
arond
[06:49 am] Mitch K: watching NUS for
bottom, should be a good one
[06:51 am]
Mitch K: thanks joey
[06:51 am] Mitch K:
watching MNST for bottom
[06:51 am] Mitch
K: liking WHR chart, not yet but liking the
setup
[06:51 am] Mitch K: GEO turning
over
[06:53 am] Mitch K: watching VRTX for
bottom
[06:54 am] Mitch K: ORLY top, 2nd
short here
[06:54 am] Mitch K: watching
COL closer for long entry, soon, prob
here
[06:54 am] Ed : if u shorted MNST
would cover some here
[06:54 am] Mitch K:
your longs on bounces probably fails soon,
overall statement
[06:55 am] Mitch K:
watching EXPE for bottom
[06:57 am] Mitch
K: looks like double bottom in SPY
[06:57
am] Ed : out all MNST short
[06:57 am]
Mitch K: VRTX bottoming
[06:57 am] Mitch
K: watching MNST closer for bottom to
buy
[06:58 am] Mitch K: also watching VLO
for bottom, also refinery, same as
TSO
[06:58 am] Mitch K: watching TSO for
bottom
[06:59 am] Mitch K: ARIA decent top
to short here
[06:59 am] Mitch K: consider
covering KORS if short
[06:59 am] Mitch K:
ANV bouncing
[06:59 am] Mitch K: ARIA
toppy
[07:00 am] Mitch K: 63 oscillating
small moves but predictable
[07:00 am]
Mitch K: 6E another bottom to buy, little
late to see
[07:00 am] Mitch K: good eye
on PL Joey, missed it, has #2 signal at
bottom after you posted
[07:00 am] Mitch
K: SLB top, late to see
[07:01 am] Mitch
K: monitoring IRDM
[07:01 am] Mitch K: COL
bouncing
[07:02 am] Mitch K: nice slow
drop in GEO, probably drips
[07:03 am]
Mitch K: SLB turning over nicely, too late to
short now but watching for a buy to cover
point and then watch for 2nd short
[07:04
am] Mitch K: no bounce in NUS, very weak, i
tend to sell and not touch unless big
drop
[07:05 am] Mitch K: grrrrr, missed #3
on /GC $1687.30 13 minutes ago. Good
news is i got a kid starting to help, 18 year
old gamer going to watch charts on 2
computers, many monitors and charts.
going to get more signals for all of
us
[07:06 am] Mitch K: also watching /6E
Euro currency futures, i like better because
lower spread between bid and ask
[07:06
am] Mitch K: watching WHR closer, slow but
still watching
[07:07 am] Mitch K: Ed, you
are great, i need more eyeballs on futures,
especially this #3 signal that is kicking
butt
[07:10 am] Mitch K: watching AMGN if
holds double bottom here, prob another 50
cents in it long on 2nd helping
long
[07:10 am] Mitch K: good entry on NUS
scalp, i’d look for 45.50 area, probably
higher
[07:11 am] Mitch K: watching 6E
closely
[07:14 am] Mitch K: HOS trickling
down on short
[07:14 am] Mitch K: consider
selling IPGP, or most of it
[07:15 am]
Mitch K: hoping APPL doesnt make new lows on
next bottom,
[07:15 am] Mitch K: watching
AAPL for bottom to buy
[07:16 am] Mitch K:
shawn WHR is a slow mover, my guess bottom is
in, just last few min, looking for
104.25
[07:16 am] Mitch K: joey, missed PL
but watching for top to short /PL, Platinium
04-13
[07:17 am] Mitch K: you guys are too
philosophical about LIFE, just live
life
[07:17 am] Mitch K: PL sell
signal
[07:17 am] Mitch K: if you trade
WHR, must track market indexes, they are
usually linked
[07:19 am] Mitch K: on
Lightning, show LIFE on 1 min, then spread
chart vertically by clicking left mouse on
price column and i think the SHIFT key and
make it taller so you can see and respond to
buy signal like the one at 7:11am pacific
time
[07:20 am] Mitch K: getting a #2 on
6E, i like to wait for a lightning signal
after the #2 signal. it is sort of a
pre-warning
[07:21 am] Mitch K: price on
63 03-13 s 1.3312
[07:24 am] Mitch K: sell
signal on LIFE 1 min
[07:24 am] Mitch K:
KORS is a wall street favorite for day
trading
[07:25 am] Mitch K: still waiting
on 6E to bottom
[07:27 am] Mitch K: good
one scalp on KORS, probably peaks here
soon
[07:29 am] Mitch K: buy signal on
6E
[07:30 am] Mitch K: watching PL again
joey
[07:30 am] Mitch K: i love the
liquidity and tight spread in 6E
[07:31
am] Mitch K: #3 showing up on PL
04-13
[07:41 am] Mitch K: SPY is near low
part of range
[07:44 am] Mitch K:
approaching low of day on SPY
[07:52 am]
Ed : weak bounce in SPY so far
[07:54 am]
Ed : if u were able to short LIFE off
rejection of 62 area would cover some
here
[07:29 am] Mitch K: trying 1.3316
entry
[07:40 am] Mitch K: looking for
1.3328 area on 6E to start selling, be
flexible
[08:04 am] Ed : SPY new
lod
[08:10 am] Mitch K: monitoring
PANW
[08:17 am] Mitch K: PL cycling really
well
[08:19 am] Ed : JCP moving
[08:20
am] Ed : JCP alert
[08:25 am] Ed : if u
took JCP short would cover some in
here
[08:46 am] Ed : SPY retest near
lod
[08:48 am] Ed : SPY new lod
[09:03
am] Mitch K: watching TGI for top
[09:03
am] Mitch K: tgi
[09:15 am] Ed : have to
reboot
[09:33 am] Mitch K: had pretty good
movement today on some stocks, got to love
that V bottom on MNST and KORS [09:47 am] Ed
: MCP more takeover chatter
[09:51 am] Ed
: SPY getting bounce
[09:52 am] Mitch K:
watching KORS for possible 2nd
short
[10:00 am] Mitch K: good eye on MCP
guys, almost a 3% short
[10:09 am] Ed :
SPY tradingnear opening price
[10:16 am]
Ed : US) Senate Majority Leader Reid (D-NV):
If the House can pass a clean debt ceiling
increase bill, the Senate would be happy to
consider –
[10:16 am] Mitch K:
track
[10:16 am] Mitch K: anyone trading
futures should also tradk FGBL 03-13, Euro
Bund
[10:17 am] Mitch K: yes i do joey,
not consistently enough though. gave a
#3 earlier, AROUND 810AM 7707.50 AND THEN
FDAX MOVED UP 14 POINTS
[10:18 am] Ed :
just monitoring CNX
[10:18 am] Mitch K:
FDAX cycles well when overall market
indexes are moving
[10:25 am] Mitch K: got
a second one consecutive candles
[10:25
am] Mitch K: getting a #3 buy signal on /PL
04-13 just now
[10:26 am] Mitch K: those
are on the 4 range chart. on the 5
range chart i got a #2 buy signal
[10:28
am] Mitch K: my target i have for PL 04-13 is
1673.60
[10:30 am] Mitch K: higher the
price of instruments or stocks, the bigger
the spread
[10:30 am] Mitch K: it is
normal because of price. same with /GC,
Gold.
[10:50 am] Mitch K: lisa is that for
PL chart?
[10:50 am] Mitch K: no eyes,
this is new version i am working on and not
in existing Beta version
[10:51 am] Mitch
K: also, Mike, what i learned today trading
PL 04-13, it doesnt have the volume i like so
i am reminding myself not to build a big
position on this. i prefer high volume
instruments
[10:52 am] Mitch K: you can
see the volume on something like 6E, oh i
like that. I cant move it or affect
price and spread is tight, 1 tick
[10:53
am] Mitch K: if you are new or relatively new
to futures, my suggestion is to trade ES
contracts on about a 500tick chart at
first. 6E is also good on a 5 range
setting.
[10:54 am] Mitch K: and i dont
like to have to work the spread so much, too
much work
[10:54 am] Mitch K: i think
after today, i probably wont trade PL, i will
leave it to Joey. I like volume.
high volume makes our signals more
reliable
[10:49 am] Mitch K: did anyone
take that PL 04-13 trade? I think i
have mentioned the #3 buy signal is a longer
term hold cycle, it can last 1-2 hours.
it doesnt have to last that long but i see it
lasts long time compared to other Lightning
signals. you have to take a wider
perspective the last #3 on this PL
04-13 trade on a 4Range chart was
[11:07
am] Ed : monitoring AMRN
[11:09 am] Mitch
K: to really get good you can use Ninja
Trader’s replay mode to practice buy and
sell
[11:22 am] Ed : if u took AMRN long
would reduce some here
[11:22 am] Ed : SPY
trading in tight range right now
[11:37
am] Ed : SPY may get breakout or test
of hod
[11:41 am] Ed : SPY new
hod
[12:01 pm] Ed : that was true pricing
on PPG fat finger maybe
[12:33 pm] Ed :
SPY new hod
[12:42 pm] Ed : SPY pulling
back
[01:03 pm] Ed : have a great weekend
traders
[01:07 pm] Mitch K: ok guys, three
day weekend, see ou tuesday
[01:11 pm]
Mitch K: one more thing guys, i am
moving up the timeline to get the next
Lightning version out to you
| [06:08 am] joeytsa : Good morning Ed,
everyone
[06:08 am] joeytsa : last
trading day before 3-day weekend 🙂
[06:09
am] shark : gm all
[06:09 am]
scalpman : HI Joey
[06:09 am]
scalpman : HI Shark
[06:09 am]
scalpman : JOey, any gappers this
morning….?
[06:09 am] shark : hi
scalp
[06:10 am] mikewd2 -: watching QIHU
today
[06:10 am] joeytsa : gap down:
COF,INTC,FNSR,AAPL,JCI
[06:10 am] mikewd2
-: AAPL back to below 500
[06:10 am]
taco : gm all thanks joey
[06:10 am]
joeytsa : gap up:
MS,LIFE,RIMM,NFLX,RIO
[06:10 am]
shark : Ed, doji emailed me to say that
he is unable to log into the room this
morning
[06:11 am] joeytsa : LIFE
gave a nice pullback so far off the gap
up
[06:14 am] joeytsa : UofM # at
6:55pdt
[06:14 am] Ed : not sure what that
could be shark
[06:14 am] cowboyh :
Goodmornig everybody
[06:14 am]
shark : hmmm…
[06:14 am] mikewd2
-: ROC gapped up
[06:14 am]
jolliffboy : gm everybody from chilly
Tampa
[06:15 am] joeytsa : very low
vol mike at the moment
[06:15 am] mikewd2
-: yeah, your right
[06:15 am] mikewd2 -:
bear analyst on NFLX turning
bullish
[06:16 am] scalpman : Hi
ED
[06:16 am] Ed : hey scalp
[06:17 am]
lisas : gm all
[06:18 am]
qwert : good morning to
everybody
[06:18 am] lisas : did you
get any snow Ed?
[06:18 am] Ed : yes
just 3inches
[06:19 am] Ed : the hazard
will be the below freezing temps
[06:19
am] lisas : oh, nothing here, although
everything’s late openings. Guess just west
of us is where the snow ended
[06:19 am]
shark : wow
[06:19 am] doji :
Good morning eveyone. Finally I managed to
log in….
[06:20 am] doji : Thanks
Shark!
[06:20 am] shark : we finally
hit 82 here in LA yesterday
[06:20 am]
shark : Dojiiiiiiiiiiiii
[06:20 am]
victor51 : good morning all
[06:20
am] shark : you hacked your way in
🙂
[06:20 am] doji : Watching CCL,
could move up to $40
[06:20 am]
shark : hahaha
[06:20 am]
lisas : glad you made it
Doji!
[06:20 am] doji : COF between
100d and 200d MA….
[06:20 am] Ed : yea
doji not sure on logon issues, I just retry
till it works
[06:21 am] doji : LIFE
broke its 10 years hight at 57.25 and pulling
back. I went short @ 63.87
[06:21 am]
doji : I did my homwerwork this
morning… ahhaha
[06:21 am] mikewd2 -:
your the man doji
[06:22 am] joeytsa
: /PL nice cycles so far
[06:22 am]
mikewd2 -: bouncing off pivot at
61.15
[06:22 am] doji : CLsoing LIFE
here. will follow after the market
opens
[06:22 am] mikewd2 -: smart move
doji
[06:22 am] taco : nice
doji!
[06:22 am] qwert : nice trade
doji
[06:22 am] shark : awesome
doji
[06:23 am] mikewd2 -: AAPL earnings
next week?
[06:23 am] shark : yes
mike
[06:23 am] doji : I use Worden
Pivots on fromstockcharts.com Mike. The one
from TOS are not the same. Which pivots do
you use Mike?
[06:23 am] khall :
good morning traders
[06:23 am]
shark : 1/23 after hours
-AAPL
[06:23 am] apple : good
morning to all strong traders
[06:23 am]
apple : gm shark
[06:24 am]
apple : gm khall
[06:24 am] mikewd2
-: i use camarilla pivots – slightly
different calculations
[06:24 am]
apple : gm doji
[06:24 am]
shark : hi apple 🙂
[06:24 am]
apple : gm mike
[06:24 am]
apple : gm qwert
[06:24 am]
apple : gm taco
[06:24 am]
qwert : gm apple :))
[06:24
am] apple : gm lisa
[06:24 am]
taco : hi apple
[06:24 am]
apple : gm victor
[06:24 am]
apple : gm E
[06:24 am] apple
: gm MK
[06:24 am] mikewd2 -: shark you
going to swing next weeks calls on
AAPL?
[06:24 am] doji : Yes
Mike
[06:24 am] doji : Hi
Apple
[06:25 am] lisas : gm
apple
[06:25 am] shark : still
waiting, mike
[06:25 am] mikewd2 -: i’ll
see where they are priced and action today –
but might be worth the gamble on a
few
[06:25 am] apple : no gambling,
mike
[06:26 am] mikewd2 -: good calculated
risk then apple, haha
[06:26 am] mikewd2
-: risk reward could be awesome
[06:26 am]
skydiver : gm all
[06:26 am] mikewd2
-: especially if it sells off some
today
[06:26 am] apple : gm
sky
[06:26 am] skydiver : gm
apple
[06:27 am] apple : right
mike
[06:27 am] mikewd2 -: SI
hod
[06:27 am] joeytsa : /SI much
higher margins than other
instruments
[06:28 am] joeytsa :
overnight it goes to about $20k
[06:28 am]
apple : gm joey
[06:28 am]
joeytsa : hi apple 🙂
[06:28 am]
khall : /NG on a downtrend this
morning
[06:28 am] mikewd2 -: do not plan
on swinging in futures!
[06:28 am]
khall : at least right now that
is
[06:28 am] cowboyh : nice jump in
cl on the 03
[06:29 am] joeytsa :
watching 1684085 range on /pl, 1477.50 res on
/ES
[06:29 am] joeytsa : yeah
khall
[06:29 am] joeytsa : thx
cowboy, im on the 02-13 /CL
[06:29 am]
khall : me too joey
[06:29 am]
khall : do we roll today
though?
[06:30 am] elisha : Good
Morning Mitch, Ed and everyone
[06:30 am]
joeytsa : not sure
[06:30 am]
apple : my TS froze again
[06:30 am]
Mitch K: yes we do katrina
[06:30 am]
khall : thanks Mitch 🙂
[06:30 am]
joeytsa : thx Mitch
[06:31 am]
shark : RIMM
[06:32 am] doji :
Watch MS at 22.4
[06:33 am] joeytsa
: big vol spike EQT
[06:33 am]
scalpman : sell 1/2 LIFE L
[06:36
am] joeytsa : nice pullback on
/ES
[06:37 am] skydiver : watching
CRM KORS LULU spy
dropping
[06:37 am] joeytsa : eye on
CRM for bottom
[06:37 am] mikewd2 -:
NUS
[06:39 am] mikewd2 -: AMGN looks bad
on 15 day
[06:40 am] scalpman :
Cover 1/2 LIFE S
[06:41 am] cowboyh
: triangle on aria
[06:42 am] shawn
: is NFLX a buy
[06:42 am] skydiver
: long CRM 170.16 long KORS
52.67
[06:43 am] apple : nice
sky
[06:43 am] scalpman : Cover
another 1/4 LIFE S
[06:43 am] apple
: gm scalp
[06:45 am] skydiver : all
out on KORS and CRM longs
[06:45 am]
doji : APPL L 499.37
[06:45 am]
shark : 1/2 out RIMM s
[06:46 am]
shark : quik 1% NFLX, if you got it
shawn
[06:46 am] skydiver : got out
a bit early but had 800 shares on each and
got a bit nervous KORS and CRM — need to
lean on Lightning more 🙂
[06:47 am]
shark : nice sky 🙂
[06:47 am]
skydiver : 🙂
[06:47 am]
joeytsa : nice $ky 🙂
[06:47 am]
taco : nice one
[06:48 am]
apple : good job sky
[06:48 am]
joeytsa : cowboy: you get that triangle
breakout on ARIA? nice call
[06:48 am]
Mitch K: sky, use lightning for closing
signal, will stay in trader longer and make
more money
[06:49 am] joeytsa : UofM
report out in 5 min
[06:49 am] doji
: Dang CELG…
[06:50 am] doji :
forgot completely
[06:50 am] apple :
CELG at 99.50 — 100 today?
[06:50 am]
skydiver : gotcha Mitch — learning to
lean in Lightning — thnx for reminder
🙂
[06:50 am] skydiver : in =
on
[06:50 am] Mitch K: also sky, stocks
move more than you are thinking they will, my
guess is you are microtrading too much, just
guessing
[06:51 am] skydiver : your
guess is 100 percent correct Mitch
[06:51
am] joeytsa : watching /PL
here
[06:52 am] joeytsa : tighten
ARIA if long, nice one cowboy
[06:52 am]
scalpman : cover 1/2 MNST S
[06:52
am] joeytsa : not sure /PL support will
hold
[06:52 am] cowboyh : out aria
long plus .70
[06:52 am] joeytsa :
$$
[06:53 am] joeytsa : watching /ES
too, [email protected], support at 1473, res
1477
[06:54 am] joeytsa : didnt mean
for that to be blue haha
[06:54 am]
scalpman : All out MNST…
[06:54
am] apple : gm cowboy
[06:54 am]
taco : nice cowboy
[06:54 am]
skydiver : nice job cowboy
[06:55
am] shark : awesome cowboy
[06:55
am] apple : good job
[06:55 am]
mikewd2 -: MNST nice short but missed it off
the pivot
[06:55 am] Mitch K: good job
sclapman
[06:55 am] shark : watching
GS
[06:55 am] joeytsa : big miss on
UofM
[06:55 am] shark : watching
EXPE
[06:55 am] scalpman : Cover 1/2
GEO S
[06:56 am] shark : EXPE for
bottom
[06:56 am] joeytsa : /GC nice
cycles
[06:57 am] joeytsa : LIFE
really fighting at $60
[06:57 am] Mitch K:
hey cowboy, how is that faster internet in
the country?
[06:57 am] cowboyh :
149
[06:58 am] Mitch K: not price cowboy,
the speed, how is the speed
[06:58 am]
cowboyh : getting 7 on the
download
[06:59 am] Mitch K: is that
better? sounds slow still
[06:59 am]
cowboyh : Ya better but for now thats
all I can get
[06:59 am] mikewd2 -: I just
got Excede new satelite yesterday, downloads
of 12Mbps
[07:00 am] doji : I have
20Mbps in Rio!
[07:00 am] cowboyh :
Have to check it out Mike
[07:00 am]
skydiver : nice doji
[07:00 am]
doji : AAPL weak
[07:00 am] mikewd2
-: yeah, its nice – comparable to hughes Gen4
but a bit faster
[07:01 am] joeytsa
: Mitch: i didnt take that /PL
signal
[07:01 am] scalpman : AXP L @
59.33
[07:02 am] skydiver : enjoy
your new setup Mike — now when you execute a
buy or sell it won’t take one week to get
that order to the exchanges 🙂
[07:02 am]
joeytsa : was a nice 10t
though
[07:02 am] joeytsa : mike
owns the exchanges 🙂
[07:02 am] Mitch K:
we should listen to ourselves more
joey
[07:02 am] scalpman : Cover 1/2
GEO S
[07:02 am] joeytsa : i saw /PL
making a couple lower highs, so played it
safe
[07:02 am] scalpman : All out
AXP L – small profit.
[07:03 am] mikewd2
-: LIFE at interesting point
[07:03 am]
joeytsa : yeah mike, $60 is big # for
them today
[07:03 am] shark : yeah,
see if it holds/breaks, mike
[07:03 am]
scalpman : cover another 1/4 LIFE
S
[07:03 am] Ed : nice trading
scalp
[07:04 am] mikewd2 -: DDD hod, nice
move last few days
[07:04 am]
scalpman : Stoppped VLO small
loss
[07:04 am] shark : GS, EXPE
poss turns
[07:05 am] scalpman :
Thanks ed…
[07:05 am] scalpman :
correction…had covered 1/2 LIFE S
[07:05
am] qwert : LIFE trying to hold
60
[07:06 am] shark : Awesome,
Mitch
[07:06 am] skydiver : got to
love those gamers
[07:06 am] joeytsa
: real cool Mitch
[07:06 am] Ed : that
means I get a pink slip to wear 🙂
[07:06
am] joeytsa : haha
[07:06 am]
shark : lol
[07:07 am] joeytsa
: better than a pink tutu
[07:07 am] Ed :
true
[07:07 am] mikewd2 -: NCLH IPO
open
[07:07 am] shark : res USD/JPY
@90
[07:07 am] shark :
pcln
[07:07 am] shark : NCLH ipo now
open
[07:07 am] scalpman : GEO all
out GEO S. last piece at b.e.
[07:08 am]
khall : grow more eyes Ed
[07:08 am]
Ed : im trying
[07:08 am] apple : i
agree, E is the best!
[07:08 am]
joeytsa : /ES decent support around
1474 so far
[07:08 am] scalpman :
HOlding full position on NUS L
44.75
[07:09 am] joeytsa : 1473 not
1474, but that general area
[07:09 am]
scalpman : All out LIFE small profit on
2nd half…
[07:11 am] scalpman :
sell 1/2 NUS L
[07:11 am] scalpman :
(3/5)
[07:12 am] shark : MNST
testing lod
[07:12 am] mikewd2 -: dang
missed LIFE bounce
[07:12 am] doji :
LIFE
[07:14 am] shawn : Is WHR going
to get going?
[07:14 am] shark :
yeah shawn, keep watching
[07:15 am]
scalpman : Thanks Mitch
[07:15 am]
apple : gm shawn
[07:16 am]
joeytsa : i missed it too, too busy
following LIFE haha
[07:17 am]
joeytsa : but nice signal on /PL , one
of the ones i like to see
[07:18 am]
joeytsa : LIFE was nice trade
[07:19
am] apple : and love your
life
[07:19 am] scalpman : AAPL L @
499.19
[07:19 am] shawn : WhR hit 20
and bounced lower
[07:21 am]
scalpman : KORS breaking out…maybe
new hod @ 56.26
[07:22 am] shark :
thx scalp
[07:22 am] joeytsa : /ES
moved up and gave sell signal right at
pp
[07:22 am] skydiver : yes – thnx
scalp on KORS
[07:22 am] shark : PHM
nice bounce off lod, testing hod
now
[07:22 am] scalpman : Closing
NUS at b.e. …it looks out of gas
[07:23
am] shark : haha, yeah
[07:23 am]
scalpman : Stopped on AAPL for small
profit.
[07:23 am] joeytsa : NFLX
really fighting at $100
[07:23 am]
shark : but your skin sure looks
good
[07:23 am] scalpman : KORS
looking for new hod
[07:24 am]
skydiver : got to love that
KORS
[07:24 am] scalpman : sell 1/2
KORS L
[07:24 am] shark :
🙂
[07:24 am] skydiver : nice
scalp
[07:24 am] shark : a TSA fave
too
[07:24 am] scalpman : Thanks
skydiver
[07:25 am] scalpman : I
should celebrate with a COURS
[07:25 am]
skydiver : 🙂
[07:25 am]
scalpman : (ha)
[07:25 am]
shawn : Any body Long WHR?
[07:25
am] skydiver : yes shawn — boring
isn’t it
[07:26 am] scalpman :
Mitch…you were right on NUS….I had no
patience
[07:26 am] Mitch K: sky, i was
thinking about you the last couple of days
and i figured out you must be doing too many
microtrades and missing most of the move
because it looks like your ideas and timing
is good
[07:26 am] skydiver : I
think you’re reading my mind pretty well . .
need to adjust
[07:27 am] Mitch K: are you
looking at the money too much? try to
hide the Profit and Loss screen and
decondition yourself to look at
money
[07:27 am] scalpman : All out
KORS L
[07:27 am] Mitch K: to not look at
money
[07:27 am] joeytsa : nice
trading scalp
[07:27 am] skydiver :
that’s what I am doing — looking at the
money — okay — will hide the
money
[07:27 am] skydiver : and I
know better!!
[07:27 am] joeytsa :
send the money to me sky, i will watch it for
you
[07:28 am] skydiver : funny one
joey 🙂
[07:28 am] joeytsa : 2 for
me, 1 for you haha
[07:28 am] Mitch
K: so i got you figured out then sky.
it must be the camera i have on your
screens
[07:28 am] shark :
lol
[07:28 am] skydiver : I’m
putting tape over that camera!! 🙂
[07:28
am] joeytsa : there’s a much bigger
“camera” looking over sky 🙂
[07:28 am]
skydiver : but … appreciate your
input Mitch — 🙂
[07:29 am]
skydiver : right joey 🙂
[07:29 am]
scalpman : Thanks mitch…still
watching
[07:30 am] mikewd2 -: what’s the
6E?
[07:30 am] skydiver : stopped
out of WHR long — slight
loss
[07:30 am] joeytsa : yeah, took
small loss on that higher low, but reversed
got decent profit
[07:31 am] joeytsa
: got it a bit late, and had the wrong ATM
up
[07:32 am] qwert : watching
PH
[07:32 am] joeytsa : so i lost
5ticks, then got 2pts
[07:33 am]
skydiver : Been short on IRDM for
awhile – shorted at 7:13 – slow one
[07:33
am] skydiver : $7.13 that is
[07:39
am] skydiver : KORS been strong a
bit
[07:40 am] shark : 🙂
[07:41
am] joeytsa : break time
[07:41 am]
joeytsa : see you in 20 🙂
[07:41
am] skydiver : nice shark — I t hought
I saw a shark fin on my monitor swimming in
KORS long
[07:41 am] shark :
smoothie time, joey?
[07:41 am]
skydiver : take care joey
[07:42 am]
joeytsa : no, actual food
haha
[07:42 am] shark :
haha
[07:42 am] joeytsa : same
breakfast everyday
[07:42 am] shark
: nice sky, always obey the shark fins
🙂
[07:42 am] skydiver :
🙂
[07:43 am] shark : you just
re-eat it and re-eat it?
[07:43 am]
skydiver : 🙂
[07:43 am]
skydiver : got to cover that camera on
my computer 🙂
[07:43 am] shark :
lol 😉
[07:45 am] shark : MNST new
lod -6.1%
[07:48 am] qwert : GEO new
hod
[07:48 am] scalpman : I thought
I did well on KORS with 1% and left another
1% on the table… No sell signal on
Lightning,.
[07:48 am] scalpman :
…the two minute
[07:50 am]
skydiver : monitoring LNKD
[07:51
am] scalpman : MNST buy on
lighting
[07:51 am] shark : 1 or
2min scalp?
[07:51 am] scalpman :
1
[07:51 am] shark : thx
[07:51
am] scalpman : yep
[07:52 am]
skydiver : all out of IRDM
[07:52
am] skydiver : short
[07:54 am]
taco : finally a nice drop
sky
[07:54 am] skydiver : thnx
taco
[07:55 am] doji : Nice and
steady downtrend in MNST
[07:55 am]
taco : s MNST 46.51
[07:55 am]
taco : 46.56 corr.
[07:56 am]
cowboyh : have a good day everyone gota
go
[07:57 am] taco : c ya
cowboy
[07:57 am] Ed : c ya
cowboy
[07:57 am] shark : bye
cowboy
[07:57 am] skydiver : have a
good 3 day week-end cowboy
[07:57 am]
khall : bye cowboy
[07:57 am]
apple : buy cowboy, have fun. see you
tues
[07:59 am] taco : covered
all
[07:59 am] shark : SPY new
lod
[07:59 am] shark : right at
it
[08:04 am] shark : nice bounce
MNST
[08:06 am] taco : 6e on a big
descent
[08:10 am] mikewd2 -: MNST great
bounce, took it the long via calls
[08:11
am] Ed : nice play mike
[08:17 am]
doji : KORS
[08:18 am] doji :
SPY rebouding
[08:20 am] shark : thx
Ed
[08:20 am] shark : vol spikes
-SPY
[08:23 am] doji : KPRS
nuts
[08:23 am] skydiver : House
GOP considering extension of debt limit
to about April 15 – from Bloomberg
[08:23
am] shark : hence SPY, market
action
[08:24 am] skydiver : that
news is a bit old – came out about
8:16pst
[08:24 am] doji : And then
after July and then next year…
[08:24
am] shark : 😉
[08:24 am]
shark : you talking about KORS,
doji?
[08:24 am] taco : thx for JCP
ed
[08:26 am] doji : YEs
[08:26
am] Ed : no problem
[08:26 am] shark
: MNST bounce, nice
[08:26 am] doji
: Retracted from R2
[08:27 am] shark
: great point, doji
[08:33 am] eyes
: Whats the symble for pl on ninja
chart
[08:35 am] joeytsa : its PL on
ninja
[08:36 am] eyes :
furures
[08:36 am] eyes :
futures
[08:38 am] joeytsa : not
sure i understand your question
eyes
[08:38 am] mikewd2 -: is like
PLJ13?
[08:38 am] khall : eyes –
type in PL 04-13
[08:38 am] khall :
in Ninja
[08:38 am] eyes : I Typed
PL 04-13 and its not giving me info
[08:38
am] mikewd2 -: so what is 6E?
[08:39 am]
khall : oh, you will have to add it in
your instruments then
[08:39 am]
joeytsa : or go to control
center,tools,instrument manager, scroll to
PL..gives you the current contract
also
[08:39 am] joeytsa : 6E is the
euro
[08:39 am] khall : if that
doesn’t work let me know – you may have to do
what I did and repair your database
[08:39
am] mikewd2 -: thanks joey
[08:39 am]
joeytsa : 6J=yeh, 6A=aussie
[08:39
am] joeytsa : yen not yeh
[08:39 am]
mikewd2 -: not messing with that
[08:41
am] eyes : i did that i must not have
data for it
[08:41 am] apple : nice
move on JCP E
[08:41 am] khall : you
probably do, there is probably an issue with
the database. Email Ninja and let them
know – they helped me on the exact same
issue
[08:44 am] joeytsa : eyes:
when you built the chart, did you use the
lightning template?
[08:44 am]
joeytsa : i had a prob with a chart i
tried building on my own
[08:48 am]
shark : SPY broke 147.50
support
[08:48 am] joeytsa : /ES S1
is 1471
[08:52 am] qwert : Does
anyone know if the futres markets are open on
Monday and if they are is it woth
watchin?
[08:52 am] joeytsa : TGI
vol spike, lower vol
[08:53 am]
joeytsa : im taking the day off
qwert
[08:53 am] joeytsa : recommend
you do that too 🙂
[08:53 am] qwert
: thats my plan right now but really trying
to learn the futures
[08:54 am] Ed :
thinking they would be beiong that other
countires are open
[08:54 am]
joeytsa : i think so Ed
[08:54 am]
khall : yeah, I’ll likely watch – it’s
an abbreviated traiding day but I likely will
SIM trade as I’m not comfy trading when our
markets aren’t really open
[08:55 am]
eyes : yes joey
[08:55 am] mikewd2
-: MNST still moving up
[08:55 am]
joeytsa : honestly, if you are just
daytrading them..not much to learn, just keep
eye on reports if coming out and then look
for patterns/breaks etc
[08:57 am]
qwert : okay thanks guys and
gals
[08:57 am] joeytsa : but thats
me, i try not to overly complicate
things
[08:58 am] joeytsa : others
like to dig in deeper
[09:00 am]
shark : MNST on fire
[09:03 am]
shawn : will TGI drop to 69.47
Mitch?
[09:06 am] joeytsa : looks
like China/Japan issues heating up
[09:06
am] shark : hmmm….
[09:08 am]
shark : AAPL testing lod area
[09:08
am] joeytsa :
http://www.economist.com/news/leaders/2156974
0-risks-clash-between-china-and-japan-are-ris
ingand-consequences-could-be
[09:09 am]
shark : wow!
[09:11 am] mikewd2 -:
push AAPL push
[09:12 am] qwert :
looks like your esignal is frozen
Ed
[09:14 am] skydiver : interesting
article joey — just what we need — to get
sucked into this conflict
[09:14 am]
joeytsa : yeah no kidding
[09:14 am]
shark : 🙁
[09:15 am] shark :
ok Ed
[09:16 am] shark : nice for
Japan for losing WWII. Free military support
for life
[09:16 am] joeytsa :
yep
[09:17 am] skydiver : indeed
shark — I can hear the gigiantic vacuum
enginie trying to start up
[09:17 am]
shark : ugh
[09:17 am]
skydiver : I hope it coughs sputters
and dies — vacuum 🙂
[09:18 am]
shark : US never puts a “reimbursement”
clause for helping other countries
[09:19
am] skydiver : yeah shark — part of
reason we’re so far in the hole now, plus
overspending ,etc. etc. etc.
[09:20 am]
skydiver : KORS came down – watching
for a bounce
[09:22 am] shark : all
out MNST long now
[09:22 am]
skydiver : nice shark
[09:24 am]
shark : thx sky
[09:26 am]
shark : missed that LULU spike down to
66.50. Wow!!
[09:31 am] shark : talk
about stock ping on options expiration day:
PCLN
[09:32 am] qwert : Shark do you
mind explaining what that means?
[09:33
am] joeytsa : yeah Mitch
[09:33 am]
shark : stocks often have a tendency to
move price where there is significant options
open interest, on expiration day
[09:34
am] joeytsa : you will also hear the
term pin
[09:34 am] shark : has to
do with big investors moving the stock price
so they can minimize or maximize their
options profits
[09:34 am] joeytsa :
kind of like playing pin the tail on the
donkey
[09:35 am] qwert : so you
look to see where the highest open interest
in calls and puts is?
[09:35 am]
shark : I do, yes.
[09:35 am]
shark : gives me a possible idea of
where the stock may finish the
week.
[09:36 am] joeytsa : can make
for nice spread trades
[09:36 am]
qwert : okay thx
[09:36 am]
shark : :0
[09:36 am] shark :
🙂
[09:37 am] mikewd2 -: VIX below 13
first time since jun 07
[09:37 am]
qwert : so do you look today for next
friday?
[09:37 am] shark : on a
swing trade, yes
[09:38 am] qwert :
for a day trade would you look last night to
put a trade on for this am
[09:38 am]
shark : I use daily and 15min charts
for intraday, then 1min to place
trade
[09:38 am] qwert :
thx
[09:39 am] shark : look at DNKN
$35 calls/puts
[09:41 am] qwert : so
it looks like open interest combined around
2900
[09:41 am] shark : NFLX $100
call/put open interest
[09:42 am]
qwert : wow huge there on
nflx
[09:42 am] shark :
yeahhh
[09:42 am] shark : GOOG $700
calls/puts
[09:43 am] qwert :
goog
[09:43 am] qwert :
wow
[09:43 am] shark : i missed that
one. couldv’e sold 715 calls naked on open at
break of b/e
[09:44 am] shark : for
about $1.40
[09:44 am] shark : worth
about .05 now
[09:44 am] qwert :
What does naked mean?
[09:45 am]
shark : it means you have unlimited
loss if it goes past your strike
price
[09:45 am] Ed : no protection in
simple terms
[09:45 am] mikewd2 -: yeah,
my account isn’t set up for naked calls, just
naked puts
[09:46 am] shark : you
can hedge a short call by BUYING a further
out of the money contract
[09:46 am]
joeytsa : some accounts only let you do
naked puts based on cash
[09:46 am]
shark : or a short put by BUYING a
further out of the money put
[09:46 am] Ed
: right, but most dont teach investors how to
hedge, they teach them one way
[09:46 am]
joeytsa : called Cash Secured Equity
puts
[09:46 am] Ed : they sell the
sizzle
[09:46 am] shark : not the
steak….
[09:46 am] Ed : right
[09:47
am] shark : hahaha
[09:47 am]
mikewd2 -: ROC hod
[09:47 am]
joeytsa : right shark, i used to do
bull put spreads a lot
[09:48 am]
skydiver : MCP – suiters consider
bidding for MCP – from SmartPlanet
[09:49
am] qwert : no shorts MCP at
lightspeed
[09:56 am] joeytsa :
decent little run on /NG
[09:57 am] Mitch
K: sheesh that PL 04-13 is thin
joey,
[09:57 am] Mitch K: thinly
traded
[09:58 am] joeytsa : yeah,
not a whole lot of vol
[09:58 am]
joeytsa : which is too bad, makes
really nice cycles at times
[10:01 am]
mikewd2 -: anyone find shares on
MCP?
[10:01 am] apple : i still find
it hard to believe MCP went down to
8
[10:01 am] skydiver : not me mike
(MCP)
[10:01 am] joeytsa : why
apple
[10:03 am] apple : it had such
oomph there for a while – was up to 70 at one
point and then downhill
[10:04 am]
shark : good thing we are all
flexible
[10:04 am] joeytsa :
combine rare earth and china and you get a
roller coaster
[10:04 am] shark :
yeah “rare”. hahahaha
[10:05 am]
shark : great name from the marketing
dept.
[10:05 am] joeytsa : stocks
are wacky haha
[10:05 am] mikewd2 -: AAPL
at 500.00
[10:05 am] apple : right,
even RIMM is trying too move off the dead
lows
[10:05 am] joeytsa : AAPL was
$20 not all that long ago
[10:05 am]
shark : 😉
[10:05 am] joeytsa
: AMZN was $6, look at a JDSU chart
sometime
[10:06 am] skydiver :
Democrats unlikely to accept GOP debt limit
extenison bill, CNBC says
[10:06 am]
shark : oh great….
[10:06 am]
joeytsa : democrats unlikely to accept
a few things haha
[10:06 am]
skydiver : 🙂
[10:06 am] Ed : hmm
TSA babes must be slacking today, did not get
that news
[10:07 am] joeytsa : they
left early for the long weekend
[10:07 am]
apple : haha
[10:07 am]
skydiver : From Fly on the Wall
ed
[10:07 am] Ed : not
surprising
[10:07 am] shark : apple,
AAPL $500 calls/puts most open interest.
Hmm…..
[10:08 am] skydiver : I
used to swat flys , but now , . . . will let
them live as long as I get news quickly
🙂
[10:08 am] apple : haha
sky
[10:08 am] shark :
rofl
[10:08 am] skydiver :
🙂
[10:08 am] joeytsa : 🙂
[10:08
am] Ed : dont swat the fly the feeds
you
[10:08 am] skydiver : exactly Ed
🙂
[10:09 am] shark : yeah, just
glue a mic to their feet and send to
corporate offices around america
[10:09
am] apple : shark saw that, people
think it will pin at that strike
[10:09
am] shark : 😉
[10:10 am]
joeytsa :
http://www.google.com/finance?q=NASDAQ:JDSU[10:10 am] apple : /ES inching
higher
[10:10 am] joeytsa : take the
scroller back to 1995, then watch it as you
near 1998-2001, then back to today
haha
[10:11 am] apple : i will do
that
[10:12 am] joeytsa : stock
price goes from around $2 to just over $8000
to current near $13
[10:12 am]
joeytsa : split adjusted
[10:12 am]
joeytsa : or unadjusted i
guess
[10:12 am] shark : nice
ride
[10:13 am] mikewd2 -: i know people
that lost small fortunes on JDSU years
ago
[10:13 am] joeytsa : yeah, over
a period of time though
[10:13 am]
joeytsa : do the same with TASR around
2003-4 maybe
[10:13 am] Ed : and still
holding it
[10:13 am] shark : it’s
amazing people have a herd mentality, but
when it comes to trading, they go
against the herd
[10:13 am] mikewd2 -: i
got a company SSTI in the 90’s at 3.8, rode
it to 118
[10:14 am] shark : sweet
mike 🙂
[10:14 am] mikewd2 -: and i have
friends that rode it up and then
down
[10:14 am] joeytsa : i just
hope you didnt sell it at $4 🙂
[10:14 am]
shark : love….a powerful
elixir
[10:14 am] mikewd2 -: i sold 4k at
116-118 when i bought my land
[10:15 am]
mikewd2 -: another 1k there to pay taxes –
lol
[10:15 am] shark : and then you
built your castle?
[10:15 am] apple
: great story mike – wonderful for
you
[10:16 am] joeytsa : pic of mike
when he bought..
[10:16 am] joeytsa
:
http://www.google.com/imgres?imgurl=http://4.
bp.blogspot.com/-_8n3TAYErlw/Thm-0-pdd0I/AAAA
AAAAC5Q/rhsrarr1z8Y/s1600/actor_larry_hagman_
returns_to_the_southfork_ranch__1223327698.jp
g&imgrefurl=http://wwwcinemastyle.blo
gspot.com/2011/07/southfork-redux.html&am
p;h=333&w=512&sz=41&t
bnid=MLe_quhChUXjGM:&tbnh=69&
tbnw=106&zoom=1&usg=__2O217K9
N0T6TCthF8BGrsG1HmFE=&docid=rJaikKAXb
gPBEM&hl=en&sa=X&ei=R
JH5UKymNcLp2QWHloDYBg&ved=0CDsQ9QEwAw
&dur=310
[10:16 am] joeytsa
: ahhh too long
[10:16 am] mikewd2 -: lots
of losers along the way though
[10:16 am]
joeytsa : Mitch: you follow
FDAX?
[10:17 am] joeytsa : only
thing Reid passes is gas
[10:17 am]
joeytsa : NV people tear him apart on
the news
[10:17 am] apple : funny
joey, were you just waiting for the
oppty?
[10:17 am] shark : yeah,
can’t figure that out, joey
[10:17 am]
shark : who DID vote for him?
[10:18
am] joeytsa : Thanks Mitch, you
mentioned it either monday or last
week..thats why i asked
[10:18 am]
shark : Reno folk?
[10:18 am]
joeytsa : probably
[10:20 am]
mikewd2 -: DDD having good day
[10:20 am]
mikewd2 -: as is SSYS
[10:23 am]
joeytsa : early lunch. see you in
30
[10:24 am] apple : have fun
joey
[10:28 am] skydiver : enjoy
joey
[10:29 am] mikewd2 -: 6 tick spread
on b/s on /PL is that normal
[10:30 am]
shark : USD/JPY retakes 90
[10:31
am] mikewd2 -: thanks Mitch
[10:35 am]
doji : Hey Mike, still chasing
AAPL?
[10:36 am] mikewd2 -: trading both
ways doji
[10:36 am] mikewd2 -: did puts
from 500 a bit ago, dumped at that pivot
498.95
[10:36 am] doji : Stocks or
Options?
[10:37 am] doji : Ok,
options
[10:37 am] mikewd2 -: yes, i do
have 200 AAPL in another acct wrong calls on
them
[10:37 am] mikewd2 -: wrote
[10:38
am] doji : So you are bullinh on
APPL?
[10:38 am] mikewd2 -:
kinda
[10:38 am] mikewd2 -: but will take
a short if it sets up
[10:38 am] Ed : so
you opted to put a trade on of AAPL, was that
stock or options
[10:38 am] Ed : just
messing mike
[10:38 am] doji :
ME?
[10:38 am] mikewd2 -: i’ve done calls
and puts today Ed
[10:39 am] mikewd2 -: i
bought the stock a few days ago, 485
area
[10:39 am] Ed : now Im all confused
LOL
[10:39 am] mikewd2 -: and wrote 495
calls for this week at 7 bucks i
think
[10:39 am] mikewd2 -: haha
[10:39
am] doji : APPL in a tight range…
probably will remind there until
Wednesday…
[10:39 am] shark :
yup
[10:40 am] mikewd2 -: wish it would go
below 495 today, would like to keep the stock
and write calls for next week
[10:40 am]
doji : They are now 5.10 Mike
[10:41
am] mikewd2 -: so i’ll make 7 on the calls
and 10+ on the stock
[10:41 am] mikewd2 -:
not bad for a week
[10:41 am] shark
: bullish option bias has settled down from
yesterday, doji
[10:42 am] shark :
about even bullish/bearish AAPL, through
earnings
[10:42 am] apple : iron
condor
[10:42 am] shark : you
looking at the fib queen data on TOS,
apple?
[10:43 am] apple : no where
is it?
[10:43 am] shark : they give
great iron condor indicator
[10:43 am]
apple : i am just trying to learn the
platform
[10:44 am] doji : Options,
that is my challenge for 2013… I’d like to
speak about Iron Condors like apple
[10:44
am] shark : 🙂
[10:45 am]
apple : where is the data,
shark
[10:46 am] shark : have to
email you later on that
[10:46 am]
apple : ok, we can talk later
[10:48
am] shark : Whole Foods ceo, making
great points on capitalism,
healthcare
[10:48 am] skydiver : yes
shark — enjoyed his comments
[10:49 am]
mikewd2 -: yes i did Mitch
[10:49 am]
shark : book sounds good too, but am
backed up with reading material
[10:49 am]
lisas : I’ve switched to sim for the
day, but I took it
[10:49 am] khall
: I’m in on sim
[10:50 am] qwert :
im trading it on sim right now
mitch
[10:50 am] eyes : Mitch is my
charts suppost to have the #3 0n
them
[10:50 am] lisas : Hit target
one, so stop moved up for free
trade
[10:50 am] eyes : ok
thanks
[10:51 am] lisas : yes
Mitch
[10:51 am] doji : SLB mosnter
run today….
[10:51 am] mikewd2 -: i’m
only trading 1 contract as i’m learning
futures
[10:51 am] mikewd2 -: didn’t go
sim, wanted to go live
[10:52 am]
shark : nice mike
[10:53 am] mikewd2
-: sure seems like stochastics and macd show
what’s happening on futures
[10:53 am]
lisas : PL is very jerky, you need wide
stops, don’t know how much I would trade it
live. Like you Mitch, I prefer things with
more volume
[10:54 am] mikewd2 -: traded
ES on that last SPY move
[10:54 am]
joeytsa : yeah /PL i only use low # of
contracts
[10:55 am] apple : looks
like NFLX will pin itself to 100
today
[10:55 am] doji : AAPL the
same at $500
[10:56 am] apple :
yup
[10:56 am] joeytsa : lisa: i do
keep my stop a bit wider at the
beginning
[10:56 am] eyes : how
wide
[10:57 am] lisas : joey, you
pretty much have to, even when I hit the
first target, I don’t move stop to entry
until it’s had some movement.
[10:57 am]
mikewd2 -: problem is i move my stop up to a
few ticks profit and with the spread i’m at
the bid price.
[10:57 am] eyes : on
average how wide of stops do you use
joey
[10:58 am] lisas : exactly
mike, think there are better things to trade
normally
[10:58 am] joeytsa : eyes:
i set them wide and then manually
adjust
[10:58 am] joeytsa : /ES 8t
each way, everything else 10t
[10:59 am]
mikewd2 -: eyes are you on sim?
[10:59 am]
joeytsa : and then once in profit, stop
to break even, after 3 ticks on ES, 5
on the rest
[10:59 am] lisas :
Thought I’d mention this, for anyone trading
futures sim on Tradestation. There simulated
fills are not the same as real life fills.
Futures are usually first in, first fill.
That can make a difference in some set ups
and markets.
[11:00 am] joeytsa :
again, depending on what i see on the
chart
[11:00 am] mikewd2 -: then joey do
you trail tick for tick?
[11:00 am]
mikewd2 -: meaning if it goes up a tick, you
move your stop up a tick?
[11:00 am]
joeytsa : not tick for tick
[11:00
am] mikewd2 -: ok
[11:01 am] joeytsa
: always looking at s/r..whether thats a
price area, darvis
[11:01 am]
joeytsa : same with stocks
[11:01
am] mikewd2 -: on the TS futures 101 video,
they showed a Darvis box on the futures chart
– i can’t find it in the indicators
[11:02
am] lisas : Mike, go to the TS forums,
you can find several versions that you can
download for free
[11:02 am] mikewd2 -:
ok, thanks lisas
[11:03 am] mikewd2 -:
that drop got me on /PL but still 50 buck
profit on my 1 contract
[11:03 am]
lisas : was that live mike? not bad
either way
[11:04 am] mikewd2 -: yeah, not
doing sim – i learn better by real
money
[11:04 am] mikewd2 -: but only doing
a single contract with same stops joey
uses
[11:04 am] joeytsa : darvis
just gives another close term s/r
[11:05
am] mikewd2 -: yep understand
[11:05 am]
lisas : I switched to sim as I’m
SUPPOSED to be watching some options videos,
but I’m getting distracted:)
[11:05 am]
joeytsa : agree with Mitch’s thoughts
though
[11:05 am] joeytsa : never
tried sim, will play with it
sometime
[11:11 am] joeytsa : /ES
dancing on the pp
[11:11 am] joeytsa
: same with crude
[11:22 am] joeytsa
: things are trading like the weekend already
started
[11:24 am] qwert : thx for
AMRN ed
[11:24 am] doji : NFLW
giving away
[11:26 am] doji :
CELG
[11:29 am] joeytsa : CELG..i
think i can i think i can
[11:29 am]
apple : maybe today? only 1-1/1
hours to go… 40 cents, 40 cents
[11:29
am] doji : Apple’s prays yesterday
didn’t help… hahah
[11:30 am]
apple : spike in HLF
[11:30 am]
apple : maybe the answer is delayed and
we just need to exercise patience
[11:31
am] doji : Unfortunately I am not in
CELG apple
[11:31 am] joeytsa : yeah
doji, i let that one go also
[11:32 am]
joeytsa : going to do some study on my
old play of looking for stocks in the $95-97
range
[11:32 am] joeytsa : if i find
something i wont email you hahaha
[11:32
am] joeytsa : only apple 🙂
[11:33
am] apple : haha, thx joey
[11:33
am] jimjllsail : thanks guys
[11:33
am] joeytsa : no prob
[11:33 am]
joeytsa : how are you dong
jim?
[11:34 am] doji : Noce Joey and
please share with the room
[11:38 am]
doji : Watching FSLR at 30
[11:39
am] doji : The SPY wants
hihger…
[11:41 am] joeytsa : needs
to break this 1477 res
[11:41 am]
doji : Here she goes
[11:50 am]
apple : back in a bit, need to pick up
robert
[11:50 am] mikewd2 -: NFLX still
6th most shorted stock in
S&P
[11:50 am] khall : bye
apple
[11:57 am] mikewd2 -: ARIA
[11:59
am] qwert : nice mike
[12:01 pm]
murano : PPG
[12:01 pm] taco :
news?
[12:01 pm] doji : So fast…
who got that?
[12:02 pm] mikewd2 -:
wow
[12:02 pm] joeytsa : im too slow
for those plays
[12:02 pm] joeytsa :
at least for fading them
[12:02 pm]
taco : thanks for ARIA mike
[12:03
pm] joeytsa : ARIA made a real nice
move this morning also
[12:03 pm] mikewd2
-: covered half, trailing the rest
[12:03
pm] mikewd2 -: on ARIA
[12:03 pm]
joeytsa : cowboy pointed a triangle out
early in trading, and a nice break
[12:03
pm] taco : adriano could have gotten
PPG
[12:03 pm] doji : FSLR lost
30
[12:04 pm] qwert : for sure
taco
[12:05 pm] murano : Off next
week, see ya’ll on the 28th.
[12:05 pm]
qwert : bye murano
[12:05 pm]
taco : cheers murano
[12:05 pm]
skydiver : enjoy murano
[12:05 pm]
Mitch K: thanks for all your help
murano
[12:05 pm] mikewd2 -: your costing
me money murano!
[12:05 pm] mikewd2 -:
when your gone
[12:05 pm] taco :
lol
[12:06 pm] lisas : Have a nice
week off murano!
[12:07 pm] qwert :
Mike thx for ARIA now i can take my daughter
out to lunch
[12:07 pm] mikewd2 -: i’m
still walking half down
[12:07 pm] mikewd2
-: turned out nice
[12:08 pm] qwert
: same her now watching on
lightning
[12:08 pm] qwert :
her=here
[12:09 pm] joeytsa : bye
murano
[12:11 pm] Ed : c ya
murano
[12:13 pm] mikewd2 -: suprised i’ve
not stopped on ARIA, have 2 cent stop for
quite a while
[12:13 pm] mikewd2 -:
trailing
[12:14 pm] qwert : my stop
is at .77
[12:14 pm] mikewd2 -: mine is
.73
[12:14 pm] mikewd2 -: haha
[12:15
pm] joeytsa : Thanks Mitch,Ed
everyone..enjoy the long weekend, see you on
tuesday 🙂
[12:15 pm] mikewd2 -: not
willing to give back 30-40 bucks
[12:15
pm] taco : c ya joey, enjoy your
weekend
[12:15 pm] mikewd2 -:
stopoped
[12:16 pm] joeytsa : nice
trading mike
[12:16 pm] mikewd2 -: thanks
joey, been a good week for me
[12:16 pm]
qwert : thx again mike for
aria
[12:16 pm] joeytsa : great to
hear
[12:16 pm] mikewd2 -: good job
qwert
[12:16 pm] mikewd2 -: not a bad way
to finish up a week
[12:17 pm] qwert
: thats right cause my baby loves the
cheesecake factory :))
[12:19 pm]
mikewd2 -: shuttin her down, have a great
weekend
[12:19 pm] skydiver : take
care mike – see you Tuesday
[12:20 pm] Ed
: have a great weekend mike
[12:20 pm]
taco : c ya mike
[12:20 pm]
lisas : bye mike
[12:25 pm]
qwert : bye everybody have a great
holiday weekend cya all on
Tuesday
[12:26 pm] Ed : c ya
qwert
[12:26 pm] skydiver : bye
qwert – enjoy
[12:26 pm] lisas : bye
qwert
[12:26 pm] taco : bye qwert,
enjoy
[12:34 pm] apple : c’mon CELG
6 more cents!
[12:40 pm] apple :
CELG is a coward
[12:41 pm] taco :
haha apple
[12:42 pm] lisas : taking
off, have a great weekend all
[12:42 pm]
shark : bye lisa
[12:42 pm]
khall : bye lisa – have a good
one
[12:43 pm] taco : wasn’t
laughing at you apple, just sounded funny
coming from a weet woman like you:)
[12:43
pm] taco : bye lisa
[12:43 pm] Ed :
c ya lisa
[12:43 pm] skydiver : take
care lisa
[12:43 pm] apple : bye
lisa
[12:43 pm] apple : haha
taco
[12:45 pm] eyes : Good Night
Everyone
[12:45 pm] apple : bye
eyes
[12:45 pm] taco : c ya
eyes
[12:45 pm] skydiver : take care
eyes
[12:48 pm] skydiver : Okay —
I’m done – – see you all next Tuesday — have
a great 3 day week-end
[12:49 pm]
apple : wow, PPG!
[12:49 pm]
taco : by eksy, me too thanks Mitch L.
King enjoy your holiday and thanks Ed and
all
[12:50 pm] Ed : c ya taco
[12:58
pm] victor51 : Fixed ninja problem and
will see you all Tue. Have a well deserved
long weekend . Bye Mitch, Ed and all
friends
[01:01 pm] apple : bye
victor have a great one.
[01:01 pm]
apple : thx MK, E and everyone.
all have a fun extended weekend!
[01:08
pm] shark : thx, Mitch 🙂
[01:14 pm]
khall : wow – thanks Mitch – have a
great weekend
|
Web Special
