Yes You Can... Cash In On Chaos!

Chaos Clinic Recap




Here are Al's comments

2:37 I'm done for the day. Thanks for coming. See you next week. Take some courses.

2:25 aborting for -.25

2:24 another little continuation ; stop is a close as possible

2:09 both +Tide and XTide2Plus are up for about another 90 minutes

2:02 stop to 1508

1:53 new high - steady up -hold fast - be patient -
water made the Grand Canyon by erosion - this is resistance erosion

1:47 creepy crawler - stop to 1507.5 ; 110 EXMA is steady up

1:37 the fast move near 10:00 was 7.5 points, a range double would be 15 points, to 1515
not sure we'll get that much juice, but that's the technical projection

1:34 my CTME chart says some buying may come in in a few minutes

1:24 after the week I had, I'm actually happy to see a slow day :)

1:21 this is what my friend Jim Twentyman calls a "Grinder"

1:19 stop to 1507, under 110 EXMA

1:13 taking continuation buy at 1509, stop 1506

1:11 getting a little juice

12:50 I'm back -see that the market is about where it was when I left

11:54 taking a break now-be back in about an hour for the second trade

11:50 rally stalled at the Moon -T180 flux line, so have gone from +T090 to -T180
a nice Moon move

11:42 OK, new high - not sorry I took profits - it's not how much is there for the ideal trader, it's how much you bank
There are no ideal traders

11:40 the minor swings have gotten smaller, suggesting a loss of momentum

11:30 the outcry session range is only 7.5 points after more than 2 hours, so this is not a rocket

11:27 I'm concerned that this will now turn into a "MM stinker." The name comes from long time client MM, who started calling dull days stinkers

11:25 this is the next TideTime, so by rule covering for +2.25

11:21 stop to 1504 - break even

11:16 stop to 1503, under the 110 EXMA near 1504.22

11:13 posted a Fractal of Pi chart in the CCT Room

11:00 watching for more buying here, based on "gap up, buy at 11:00" tendency

10:55 seem to be stuck on the Mercury electric field flux line

10:47 getting a second continuation buy setup on the 20/110.

10:45 I have placed a Chaos Trading Made Easy chart in the Certified Chaos Trader's Room. That room is open
to graduates of my 4 main courses. See http://moneytide.com -> 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. Then take Chaos Trading Made Easy, and finish with Face Of God.

10:23 stop to 1502 ; trend is up, need to be patient

10:07 stop to 1501

10:01 elected long at 1504 , putting stop at 1499.5

9:52 if you look at the SPSunMoonMer chart, you will see that the low was set by Moon flux, the high
by Mercury, and now trading near Sun and lower, Venus

9:43 got support on the 110 EXMA - watching for a continuation buy setup ; putting a buy stop at 1504

9:38 I'm watching for a while; I know that the employment report is widely traded by hedge fund computers.
These machines trade for just ticks, are very fast, and are colocated with the exchange computers to give them
an edge is order execution - they get in, then get out; so it's good to let their dus settle.

9:36 a 50% pullback is about 1499 - this should be support

9:33 this is a gap up opening - often this will set up a buy near 11:00

9:28 the rally stopped at Wednesday's high - a break to new highs should induce some juice

9:23 pretty good rally on jobs report - will it continue?
Trade times are 09:49 and 13:37

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
http://daytradingforecasts.com/chartlistsec.asp
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


2/1/2013 7:17:52 AM MT BBB****:: I didn't know it was still legal for futures to be up 10 pts pre-market!
2/1/2013 7:03:14 AM MT mm****:: gm all - have a great day - no MM stinker !
2/1/2013 6:36:20 AM MT Al****:: GM all - good luck today

9:00 Eastern-System: No comments


Home Up

[ Live Clinics on Friday on DaytradingForecasts.com ]