Yes You Can... Cash In On Chaos!

Chaos Clinic Recap

Here are Al's comments

1:46 out for +2.5 - done for the day -thanks for coming-see you nest week-take a course

1:43 stop to 1461

3:40 one more point, please

3:30 stop to 1460.5

3:28 stop to 1460

3:26 stop to 1459.5

3:23 stop to 1459

3:21 my 5 point cover is 1463.5

3:11 stop to 1458.5 - break even

3:10 there went yesterday's high

3:08 stop to 1458.25 - loss limited to one tick

3:02 stop to 1458

3:00 the fat lady is warming up

2:55 stop to 1457.5

2:52 must be about to rally because I have an insane urge to quit

2:44 today one needs the patience of Job to trade

2:29 may have liftoff - possible whoosh like wednesday

2:22 stop to 1457.25

2:10 stop to 1457

2:07 prices have pounded on the 1459 early resistance all day and may have worn through it

2:05 after 2:30 should see some short covering

2:00 looks like a little 20/110 continuation buy

1:56 nearing third trade time-holding

1:49 a break of 1460.5 takes out yesterday's high and a lot of bear stops

1:47 stop to 1456.75

1:40 stop to 1456

1:33 don't go away - it's not over til the fat lady sings

1:30 if this trade holds up, I will just carry it throught the next trade time

1:27 zzzzzzzzzzzzzzzzzzzzzzz

1:15 hard to interpret dullness like this - but 440 EXMA says trend is up

1:03 pretty dull-sitting tight-440 EXMA steady up

12:42 pressuring the highs - if get a breakout, should get some short covering

12:24 that FOP suggests we may rally to about 1464

12:17 I have placed a Fractal of Pi chart in the Certified Chaos Trader's Room. That room is open
to graduates of my 4 main courses. See -> Courses for details.
eMylar Fractal of Pi overlays help you be patient, since they show you future potential moves.
The best bargain in my courses is to take the Cash In On Chaos and Fractal of Pi courses and
learn to use the FOP overlay

12:15 bought 1458.5 stop 1455

12:10 in trade window -watching for continuation buy

12:00 MTRainbow chart shows trend is up -may get some acceleration

11:53 I'm back - see we are testing the high

11:34 aborting for -1.5; taking a breakfast break

11:22 this looks like a distribution top after a big rally

11:07 trade is stuck in the mud - stop is close - sitting tight

10:53 lethargic market - ugh

10:44 now have 20 cross 110 -stop to 1458.25

10:38 stop to 1459.25-one tick above high

10:33 pressing a bit based on lower high- sold 1456 stop 1460 for now

10:31 looking weaker

10:23 another run up to 1458 - if fails to make new daily high, may turn down; slope of 110 minute EXMA says momentum is weak

10:17 in the trade window -rally looking tired, so watching for a sell setup

10:08 so far, this does not look like a trading day to write home about -
guess that dates me-no one writes letters anymore :)

10:04 got selling on the 1458ish level -now have a triple top over 3 days

10:00 on the MTRainbow chart, the white 440 minute EXMA-the day trend-is up but weak

9:57 hit 1458 - hit it yesterday but could not break 1461

9:50 I'll just wait until near the 10:48 first trade time

9:38 stuck in a trading range - need to break about 1451 to get a lot of sell volume
or 1458 to get a lot of buying

9:30 the employment report was as expected, and price action was modest
last two days had low volatility in the outcry session

9:27 3 trade times today : 10:48 12:53 14:01

9:00 Good Morning. Welcome to the Chaos Clinic. This site has a lot of charts,
so you may find it useful to have several of them available within your
browser. If you have a tabbed browser, you can open separate charts
in separate tabs by right clicking on any link, and selecting "open in new tab"
from the menu. The main list of site pages is at
Recommended pages to watch are SPKISS, MTRainbow, and Chat.
For astro stuff, add SPSunMoonMer, Wheel, and Chaos Clinic.
Chaos clinic comments appear at the bottom of the SPKISS, MTRainbow,
and ChaosClinic pages. Comments in the chat room are announced by a
"duck call" noise. This noise also occurs when the sofware detects a
resonant hex pattern on the Wheel page. Trading tutorials
are on the right side of the ListOfCharts page. One should
read Trading the MoonTide Tutorial and Keep it Simple as a minimum.

Besides the comments made by Al, the chat room is has live
comments from other traders who sometimes share their views,
trades and tips. Below are the chat room comments from this clinic

1/4/2013 12:58:37 PM MT Al****:: LOL
1/4/2013 12:45:03 PM MT BBB****:: I think the fat lady got hit by a car.
1/4/2013 10:36:46 AM MT Al****:: Good night TG- melatonin helps a lot with jet lag-3 to 6 mg
1/4/2013 10:02:59 AM MT Tg****:: Arriving back in Singapore 1 1/2 days after taking off messed me up more. Always a little messed up anyways trying to trade from a 12 or 13 hour time difference. Going to call it an early night. Hopefully this is just a holiday hangover and volatility returns next week. Good luck on rest of the session.
1/4/2013 9:38:53 AM MT BBB****:: That has to mess you up somehow! I went surfing on the north shore a few years ago - magical place.
1/4/2013 9:31:27 AM MT Tg****:: Flying to Hawaii from Singapore is like time travel. Flight lifted off from Singapore at 7:15 AM on the 22nd, landed in Honolulu at 7:15 AM on the 22nd. 18 hour time difference in your favor upon arrival.
1/4/2013 9:22:14 AM MT Tg****:: Hi BBB. Oahu HI was beautiful. Was there for 10 nights. Should have stayed a few more days.
1/4/2013 9:15:49 AM MT BBB****:: Hey TG - hope the break went well.
1/4/2013 9:12:03 AM MT Tg****:: Couple of jobs reports, Fed minutes, and ISM services and last two days stuck in a 10.5 pt range. Yuck. Hope this isn't the norm through most of Q1 like last year.
1/4/2013 9:10:18 AM MT Al****:: same to you TG
1/4/2013 9:07:09 AM MT Tg****:: Happy New Year, Al, MM, BBB, everyone.
1/4/2013 7:25:34 AM MT Al****:: GM all -good luck today
1/4/2013 7:11:40 AM MT mm****:: gm all - have a great day

9:00 Eastern-System: No comments

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