Chaos Clinic Recap
Here are Al's comments
3:35 Certified Chaos Traders check the charts posted today
3:24 I'm done for the day-thanks for coming-take a course-learn to Cash In On Chaos
3:16 covering +6 - good enough-hit Moon flux and double target
3:14 stop 70
3:12 notice how prices are staying above the 20 EXMA- indicates a strong move-I'll try for more than 5
3:08 stop 69
3:00 stop 67.5 so far so good
2:52 stop 64 - if we take the 3/4 retrace and double it, it targets about 1273, amd as Moon flux
2:45 the new bar coloring with the 15/20 looks good
2:39 stop 65 - looking good-next Moon flux pair is up at 1273
2:37 stop 64
2:32 buying 66 stop 63 on continuation buy
2:16 this rally hit the upper band, so is too high to buy relative to the 110, right now
2:08 I covered when I saw my down Fractal of Pi fractured. -now will look for possible buy on next trade time
1:59 covered for -1 on stall
1:50 This drop, rally, hold it up pattern indicates that stock specialist are "trading out their paper" to afford a decline-at least that's how a mentor explained it to me once
1:47 what I see is that we passed the Venus and Moon timelines and dropp, then rallied to Venus/Moon flux lines,
which are resistance
1:41 when you get into a trade and get stuck in the mud, you can either get out as soon as you se trouble or sit
Ben got out-I'm sitting. Only the market know which is better
1:37 pretty bumpy-I can't see anything clever to do other than sit and wait, stop is in
1:29 now I can lower my stop to 1264 and reduce my risk
1:24 looking better-just had to sit on it, knowing my stop would work if needed
- cannot fear loosing 3 points, especailly when up 5
1:21 that little blip was the U3/D3 point in my Fractal of Pi pattern
1:20 minor rally stopped at Moon flux - still OK
1:15 I misread that and sold too soon-will sit for now and stay cool
1:07 I have a 6 hour Fractal of Pi pattern down - if it holds, down into the close
1:00 selling 62 stop 65
12:52 have a sell crossing on the 15/20-be sure you read the new write-up; waiting to see if get a 20/110 sell
12:48 my CTME tools also said this was not a good place to buy-so now I'm looking for a sell setup
12:45 lower minor high - struggling to go higher-not a good place to buy
12:36 the pattern so far today is right out of the Face of God course-saw the same one in gold the past few days
After the rally part, gold broke down today-
12:32 that was a 3/4 retrace - retracements that are integer ratios are very strong
12:28 rally stopped dead on the Moon flux line-not close to an out of band condition, so need a 20/110 crossing to set up a trade
12:15 from the low I get 7 little moves-looks like small fractal
12:08 getting some buying
11:49 looks lik on red -Tide-next trade may be a pass because we are in a congestion
11:31 settled on the Pluto flux line -down 18 from yesterday's high on the next Pluto flux line up
11:01 now going flat-a thrust like that will take a while to digest
10:50 taking +5
10:44 stop 60 - going for more than 5 becaue of the speed of the move-could be wrong-Ben got his +5; good job
10:37 stop 1261-will hold for max
10:35 stop 62.5
10:26 at lower band, so pressing stop to 63, break even
10:24 stop 64-looking good
10:15 stop 65-midway between the 20 and 110 EXMA's
10:11 sold 63 stop 66
10:10 still waiting-want to get past this Moon timeline
10:02 no follow through yet as come to Moon timeline
10:00 getting a buy signal on 20/110 -waiting a bit
9:40 support on Moon flux pair- at the vertical Moon Timeline price will square time, as told by the Moon clock
9:34 opening quiet-first trade time is about 10:30
9:24 Certified Chaos Traders should check the CCT Room for new charts - some good ones on the Euro
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
2/10/2006 1:20:42 PM Mountain Al:: good job today Ben
2/10/2006 1:12:59 PM Mountain Ben:: gotta go - took 3.5 Thanks Al.
2/10/2006 12:51:40 PM Mountain Ben:: stop 67
2/10/2006 12:41:30 PM Mountain Ben:: bought 67
2/10/2006 12:02:21 PM Mountain anami:: covered at 63..
2/10/2006 12:02:17 PM Mountain anami:: covered at 63..
2/10/2006 11:56:49 AM Mountain Al:: Ben, I like what you did- you were in doubt, so you got out- you will not go broke doing that.
2/10/2006 11:45:22 AM Mountain anami:: i just sold at 63.25
2/10/2006 11:29:05 AM Mountain Ben:: That head fake shook me out. Nice job staying with it Al.
2/10/2006 11:17:06 AM Mountain Ben:: out -1.5
2/10/2006 11:06:13 AM Mountain Ben:: sold 62.25
2/10/2006 8:40:23 AM Mountain Ben:: out +5
2/10/2006 8:29:44 AM Mountain Ben:: I missed the 1st move down, but got in on the congestion. Thanks for the tip yesterday Al.
2/10/2006 8:19:49 AM Mountain Ben:: Sold 63
9:00 Eastern-System: No comments
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