Chaos Clinic Recap
Here are Al's comments
3:32 I'm done for the day. Thanks for coming. See you next week. Take a course.
3:31 don't like it here-taking +10
3:27 hard to work trade into the close-need to be steadfast. Cove at 4:00 if still in
3:23 stop 1096. Buy limit 1085 is in
3:21 stop 1097
3:18 I see high was on T+90 Moon timeline. Looks like time to price move . So I will cover 1085 if get there
3:16 broke Moon flux, next one is T+0 about 1085
3:14 hit Moon flux; stop 1098.5, at 50 EXMA
3:10 broke Sun+180 flux ; stop to 1100
3:00 stop 1101; just above the 50 EXMA and M+180 flux
2:57 stop to 1102
2:51 ah, sweet volatility!
2:46 Moon T+0 flux is 1085; stop to 1102.75
2:42 this is a "hold to close" trade now
2:41 stop 1104
2:40 ripping
2:39 Velcro move-slowly peeling off
2:36 stop 1104.75
2:30 looking weaker; here using a down Fractal Grid to be patient
2:26 still OK. Just waiting; stop to 1105
2:23 needs to move soon
2:20 stuck on the Moon T+90 and Node+180 flux
2:12 this trade fits the requirements of the "GO BIG" rule, so I will try to hold into the close
2:11 here it comes; stop to 1105.5
2:07 my Face Of God pattern says get a break before 2:30
2:02 110 EXMA is at 1105.24 ; stop is just above it; sitting tight
1:57 looking at MTRainbow chart, I see 5 moves in a down chaos Clamshell-in 5
1:52 hex patterns are resonant events-set 12 point price steps-if drop, 1090 would be the next step
1:49 getting a hex pattern recognized-see Hex Wheels today on right side of list of charts page
1:43 sold 1102.75 stop 1106; curl on 110; Rainbow of averages down and bending
1:41 volatility picked up
1:40 down to Moon flux. Putting sell stop at 1100
1:39 volatily has died
1:35 Last minor low 1104.25. If get a rally, a stop 1 point under it would be good
1:27 trading both sides of the 110 EXMA right now, so no trade until get on one side of it
1:22 both the red -MoonTide and XTide2Plus show a rally starting in about 20-30 minutes
1:11 the timing of this low, if it holds, tells me the pressure is turning bullish
1:07 on this trade I want to wait until after the trade time unless we break out of today's range
1:05 down to Sun+180 flux; needs to break below 1101 to get a fast move
1:01 I'm back. Posted a Face Of God chart to the CCT room
11:26 I'm going to take a 90 minute break. Be back for the second trade time
11:20 added a Fractal Grid chart to the CCT Room. Grid is from the Chaos Trading Made Easy course.
11:12 OK, can't go down, can't go up. Stuck in a congestion now. Wait for next trade time 1:52
11:06 aborted for -1.5; no follow through
11:01 secondary low was right on Tide time; bought 1109.5 stop 1106.5
10:54 not moving-cover for 0
10:49 paper sold 1106 stop 1110
10:44 my FOP suggests may get another drop into the Moon T+90 timeline. I will not trade it, since I already took my shot.
10:41 on MTRainbow, the 440 is about 1113. That is also Sun + 225. Limits rally potential.
10:34 There I knew that if I took the trade going into the trade time, I had to be nimble, because a bounce
was likely, given the Rainbow pattern, the Fractal of Pi, and the astro stuff. I was lucky and got my target,
but I would not have taken a loss if I had not been filled on my limit order.
10:32 good bounce
10:28 now getting little streak up the Mercury timeline
10:26 lucky on my fill at the low ; luck favors the prepared :)
10:20 out 1101 for +5
10:18 may hit the M+180 flux, then get support
10:16 I took the trade going into the Tide time, so I pressed my stop hard
10:12 down to next Moon flux set
10:10 stop 1106
10:06 stop 1109- cover at 5 is 1101
10:04 getting a continuation sell-sold 1106 stop 1110
10:01 on that same chart, note that yesterday's sharp drop came on the Mercury and Moon timelines.
Today, the Moon has moved on, changing the conditions
9:55 on SPSunMoonMer chart, we are stuck on the Mercury M+225 electric field flux line
The Mercury (vertial magenta) timeline is coming up. Watch for a streak on it
9:49 Looks to me like we sag until 11:00 +, then try to rally
9:44 posted two Fractal of Pi charts in the Certified Chaos Trader's Room. That room is open to those who
have taken my 4 main courses. See http://moneytide.com -> Courses for more info
9:41 on the MTRainbow chart the trend is down, but well below the white 440 EXMA near 1115.70
Could rally up to it
9:38 on the SPSunMoonMer chart, rallied up to the Moon flux crossover
9:33 opening a bit weak. Trade times are 10:54 and 13:52
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
1/22/2010 1:56:03 PM MT Al****:: Thank you
1/22/2010 1:40:49 PM MT jab****:: Thanks for an awesome clinic today, Dr Al. Impressive performance!
1/22/2010 11:52:11 AM MT JAB:: surprise coming on the recommended short....look at the XTide2 behaviour...spx = 1106
1/22/2010 9:44:21 AM MT TG****:: Dr. Al, posted a short question in the CCT room re: your fractal grid.
1/22/2010 7:32:48 AM MT Al****:: GM all-good luck today
1/22/2010 5:34:31 AM MT mm****:: gm all - have a great day
9:00 Eastern-System: No comments
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