Chaos Clinic Recap
Here are Al's comments
1:14 Those are my two planned trades for the day. I expect the lows and highs are both in so I'm done
thank you for coming-see you next week-take a few courses-invest that gift from Uncle Sam in your future :)
1:12 out +2 - in hindsight I should have pressed my stop harder - a memo for next time
1:01 Jude 3 took 9 on that move -see aux page; my 9 point cover is 38; stop 45
12:57 stop 46 - will ride it a bit
12:55 when there was no strength in the rally, a second wave of selling came in off the early high
12:49 Ok - continuation sell at 47 stop 50
12:42 I also note that the high was on the Pluto (white P) timeline, and prices came down to the Pluto price flux, completing a time to price move
12:38 the low is a possible start of a new fractal; since then it has followed normal fractal development as per CIOC and FOP courses
12:37 not taking a sell unless we make new lows
12:28 coming to Chiron, Mercury, Neptune, and Node timelines; should juice things up
12:25 now getting some buying -watching for a buy setup
12:19 sitting at yesterday's close - no juice yet
12:10 holding at a 50% pullback of the rally off the low as come to exact Tide time; bullish
12:06 we now have a row of cnadle wicks at 1356.75- a break above them will trigger breakout buying
12:01 in trade window-watching for some juice and 20/110 crossing; Chiron timeline (red C) could provide the juice
11:56 another APOW: If a low holds for 37 minutes, a rally should follow
11:53 pulled back to Jupiter flux-I think it will be support
11:45 MoonTides forecast the 110 EXMA - the 110 is tracking the red -Tide
11:38 9 point rally - should give us a good buy setup near the next hotline trade time of 12:16
11:35 that low came off the Moon T+90 /Uranus flux, which is hot today as per email
11:31 I would rebuy the APOW trade at 49, stop 46 ; now the 7 moves down are clear and the last was a move 7 spike
11:27 APOW trade failed-still weak
11:19 as we approach the second MoonTide trade time, I'm watching for a 20/110 buy setup
11:12 the MoonTides trades using the hotline are designed to be simple to do and not require much knowledge
APOW trade setups come from using a lot of knowlEDGE gained by years of study and research
11:06 so the APOW trade would be long at 51, stop 49 - just watch it for educational purposes
11:02 if I were not just trading the holine, I would take the APOW trade here with a buy above 51 stop at 49
10:55 if it does not break down here, that second round of buying should come in-support in at 1350
10:51 chaotic markets can turn on a dime, so you need profit taking targets. One can always reenter if the move continues
10:40 Looks like we could be making that APOW low near 11:00; APOW=Al Pearl of Wisdom
10:34 out 53 for +5 ; I took the trade because I liked the speed. I took 5 because I entered late in the move and was going into the Tide turn
Meanwhile the Jude 3 auto trader took 9 points
10:34 stop 58-will cover at +5
10:33 stop 59
10:30 OK , sold 58, stop 61
10:28 tried to go lower, but got a 4 point micro rally, so the downline looks limited; got 20/110 crossing, but
not much confirmation by the 110 movement - bias is bullish today
10:21 low on Jupiter timeline-stuck on Moon/Node flux ; just watching
10:10 I put my Jude3 auto trader on the AUX page - it's stop parameters are currently set too close for the volatility
10:06 Pearl of Wisdom: on a gap up day there is a tendency for buying to come in near 11:00, so watch for a low near then
10:02 pulled back to the 110 EXMA and the Node flux line-I expect congestion, and a rally later
9:45 peaked on the Pluto and Venus timelines, at Jupiter +90 price flux, back to moon T+180 flux
The chaos this week has been from the Venus/Pluto conjunction
9:38 1358 is a major 72 point quantum - tends to be resistance or support
Tracking red -Tide early
9:33 first trade is not until 10:45-right now prices are over bought, so any trade woudl have a lower probability of working
9:26 Pre-outcry rally off the Moon T270 timeline-vertical yellow line at 8:30
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
1/25/2008 7:16:25 AM Mountain Al:: GM all-good luck today
thanks MM. How's the shoulder coming?
1/25/2008 5:26:46 AM Mountain mm:: gm all - have a great day - Al, have a good clinic
9:00 Eastern-System: No comments
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