Yes You Can... Cash In On Chaos!

Chaos Clinic Recap

Here are Al's comments
1:20 OK, I'm done for the day-it is my birthday and I'm taking the rest of the day off :) -screens will run to close
thnaks for coming-see you next week-take a course
1:15 aborted -3
1:07 stop to 1326
1:04 so far so good-watching for effect of Mercury timeline
12:51 bought 30 stop 25 for now ; in move 4 of a small Chaos Clamshell up from the low
12:45 the plus and minus Moon flux are pinched, and cross near 13:40. Crossings often change the nature of the market
12:42 the Mercury timeline should add some energy
12:33 should get a pullback and a 20/110 crossing, so looking for a good buy setup
12:31 looks like the rally of hope has begun
12:23 holding up with a higher low off the low of the day-in afternoon have Mercury, Chiron, Node, and Moon timelines-should be hot
12:11 Sun timed the low ; now watch for a 20/110 buy signal
12:00 covered for +5 ; got one going into the Tide turn, but think we will turn up
11:57 sold 23 stop 26
11:50 pricewise, we have gone from Mercury+0 to Mercury+180 - a big move
11:46 tracking green +Tide-will be interesting to see if we do turn up after noon
11:30 don't like the stall here-out +6
11:23 9 point cover is 30, but today I will just ride it for whatever it is worth-after all,
the Western Stock show is in Denver right now
11:18 stop 35-lock 4 and hold
11:14 stop 39
11:09 stop 41; the second wave of selling off the gap up high came in
11:07 failed-so going chaotic-sold 39 stop 42
10:58 one of my Chaos Trading Made Easy (CTME) charts says this low will probably hold
10:56 testing the low
10:50 low on the Tide turn-second wave of buying ( gap up was first) is coming in
10:46 low of day still holding
10:39 stopped -4, net -2. In hindsight I should have waited. Now just wait for second trade time
10:30 rebought 50, stop 46 for now
10:28 with a low at 10:00, we probably have a 6 hour up fractal; We have a square today.
That's 1/4 a circle. 1/4th 24 hours is 6
10:23 I have placed my Jude3 autotrader on the AUX page
10:18 got nicked out for +2 - will watch a bit before any re-enter
I have found that pullbacks will end about 12 three minute candles after a move starts
10:15 stop 50-locking 2; moved earlier and faster than I thought it would, but I could not argue with the tape
10:12 too fast- bought 48, stop 45
10:08 on the 2 day chart, we now have a higher low, so watching for a 20/110 EXMA buy crossing
10:01 that was strong support
9:58 down to Mercury+270 flux
9:44 hanging around the 110 minute EXMA-has traded both sides of it, indicating congestion
9:34 down to the Saturn/Moon T+180 flux - due to Moon square Saturn today
9:28 Today's plan : 2 trades at 10:46 and 12:07. So watching for now
9:00 pre-outcry showing range set by Mercury/Chiron at 1359 and Moon +T225 and -T000
9:00 Good morning from Chaos Manor

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

1/18/2008 1:09:22 PM Mountain Al:: thank you TG and MM
1/18/2008 11:51:51 AM Mountain TG:: Happy Birthday Dr. Al. Enjoy the rest of your day!
1/18/2008 11:51:04 AM Mountain mm:: HAPPY BIRTHDAY Al
1/18/2008 10:44:27 AM Mountain Al:: LOL TG
1/18/2008 10:27:09 AM Mountain TG:: I can't type fast and make sense or get two to and too right. :)
1/18/2008 10:25:23 AM Mountain TG:: Blood on the Street, gotta love it. Was a little bummed yesterday that there was such a huge decline, had too pretty good entries but got whipped out for soso gains of 4 and 6 points. I don't like jumping back in and trying to chase after a move that not close to the 110 even in this environment where its been running a long way from the 110. Today, -3 on buy attempt, + 20 on reverse from one position to the next. I have 6 day fractal ending in time precisely at today's low but last Friday I'd have sworn we'd get a mid day low based on a multiday fractal, too and the lows kept coming into the close. But that multiday fractal had a half day in it and a holiday so that proabably skewed it.
1/18/2008 7:00:20 AM Mountain mm:: gm all - have a great day
1/18/2008 6:55:28 AM Mountain Al:: GM all-good luck today

9:00 Eastern-System: No comments

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