Chaos Clinic Recap
Here are Al's comments
2:09 I'm going to call it a day. A range of 5.75 at this point in the day just does not excite me. Thanks for coming. See you next week. Take a course.
2:04 this pretty much sets a trading range for the rest of the day-probably not another good trade left
1:58 part of the reason for the dip was a resonant hex pattern, which was detected and recorded by the
hex pattern recognizer. See Hex Wheels Today and the tutorial Hex Wheels, linked on the ListOfCharts page
1:53 Sometimes I see a move that I don't trade, but just document for my research. This drop had a specific
cause, which I have documented and will study. Observation is the first step in reasearh.
1:41 This drop is part of a Face of God pattern I'm watching. If I have the pattern right, we should see a bounce soon
1:35 I was expecting a dip, but this is a bit bigger than I expected.
1:33 testing the 440 EXMA; I'm just watching
1:30 note that the high was on the Moon T180 timeline; since then market has been weak
1:28 most Fridays like this hold up to the end, and often have some short covering after 2:30
1:25 got +2.5; now this second trade time may be a pass, due to the mid day doldrums
1:22 the 110 EXMA has gone flat- out 1341
1:14 The range is about 6 points midday-not great but OK. I have a profit locked in.
Looking for this to be a continuation buy setup, but just holding unless stopped
1:10 I'm back-see I did not miss much
12:55 taking a break for breakfast
12:40 all flux lines I talk about are on the Wheel of 72, as displayed on the Chaos Clinic and SPSunMoonMer chart
12:38 stop to 1340, lock 1.5; the 110 EXMA is at 1341.13
12:36 "If you can wait, and not be tired by waiting..." IF, by Kipling
12:31 down to 3 tick and less 3 minute bars-ugh
12:27 I may just carry this trade through the next trade time
12:23 that cluster of planets is also what's restricting the ranges
12:17 we have a cluster of conjunct planets -Sun, Mars, Mercury, Neptune, Chiron; Their 270 degree flux are attractors;
Sun +H270 is at 1342.75 ; Moon +T090 above it ending day at 1345.5
12:03 stop to 1339-lock a big .5
11:54 early today, we go support on the -T000 Moon flux. Now we got some juice approaching the Moon/Sun timelines
We have a separtingFull Moon. The Moon flux pinch together at the close at 1345.5 - possible close
11:50 updated my FOP chart in the CCT Room
11:35 stop to 1338.5, break even.
11:25 I posted a Fractal Grid chart in the CCT Room
11:22 this looks like a "buy early and hold all day" move. Stop to 1337.75, target to 1337+9=1346
11:12 on the MTRainbow chart, the longer EXMA's are all up. Early the 440 was support. On the last dip the 220 was support
11:09 stop to 1337.5, cover target to 1344
11:07 in slow markets, the Fractal Grid pattern is very useful-it comes from the Chaos Trading Made Easy course
11:04 in a slow market, one has to be very patient. A move will usually gain momentum over time
10:51 on the SPBias chart, the bias just turend bullish
10:44 stop to 1337 cover target to 1343
10:40 slowly getting a following, as the fractal suggested
10:32 in this slow market, I'll settle for a 3 point gain if I get it
10:28 I have placed a Fractal of Pi 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.
10:07 this may be a dud, but at least I can use a tight stop. It is just under the 440 EXMA, which slopes up
10:04 bought 1038.5 stop 1036.5 on 20/110 crossing
10:00 geting a bit of buying
9:53 still quiet-110 EXMA is flat
9:48 holding up, watching for a buy setup
9:44 On SPSunMoonMer chart see the Moon +T045 flux is about 1336-support below th 440 EXMA. Not a lot of downside potential
9:41 support on the Moon -T000 flux for now. Full Moon suggests the Moon timeline near 12:15 will be hot
9:30 getting a little juice early- on the MTRainbow chart the 440 EXMA is support at 1337, overhead resistance at
yesterday's high is at 1340. Need to break out of this range to do anyting worth trading
9:20 very quiet pre-outcry session. Trade times are 10:22, 13:07, and 14:50
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
2/18/2011 10:33:19 AM MT RAH:: Al, your talk of the planet fluxes, esp when you talk in terms of (is it wheel of 360?) -- +T270/etc... really confuses me. Is this covered in the CTME course or do I need to pick this info up from your site/you?
2/18/2011 10:04:19 AM MT RAH:: I thought the fractal grid was the Fractal of Pi... nice to know I have another fractal tool to look forward to. Chaos trading made easy my next & last course!
2/18/2011 10:00:11 AM MT Al****:: TG: charts look good here
2/18/2011 9:52:15 AM MT TG****:: Thanks Al.
2/18/2011 9:10:19 AM MT TG****:: Al, could you check you FOP in the CCT room, the only one I see shows completion at noon yesterday.
2/18/2011 9:01:38 AM MT JAB:: Hi Al, did you watch the solar wind hit us last night....I saw readings of 540 km/sec and a density of 12 protons/cm^3
2/18/2011 8:58:10 AM MT Al****:: I learned one has to wait hours sometimes, so I just learned to be patient, and wait for fractal patterns to develope. using overlays helps you know how long the wait is. Unlike a restaurant, it is usually not minutes, but hours
2/18/2011 8:52:58 AM MT MJ:: Dr. Larson, I know this is a very open ended question, but I personally find it extremely hard to slow tapes (psychologically speaking). Over the years have you experienced this and how did you overcome it?
2/18/2011 8:23:58 AM MT RAH:: Interesting - since late yesterday, its been the same narrow trading band -- stuck or what?? :-)
2/18/2011 7:55:31 AM MT RAH:: @ Al again: what do you mean by moon timeline near 12:15 "being hot"?.... hot/big price movement?
2/18/2011 7:51:01 AM MT RAH:: Wow Al, I'm totally new to that SunMoonMer chart - and I've been following the moon fluxes much more closely recently - they're really useful! Tnx for that comment today - I learn something new each Friday/Clinic! :-)
2/18/2011 7:26:05 AM MT RAH:: @ MM: yeah, the time stamps on this chatroom confuse me as well; I've learned to ignore them! At least the Clinic starts in NY time - well it has to doesn't it!
2/18/2011 7:24:38 AM MT RAH:: Ah! Suraj is a friend of mine from another group of traders who met via Elliott. Suraj & I are cross training into Moontides now. He's American, but the other traders we know stretch across the globe.
2/18/2011 7:15:03 AM MT Suraj:: @RAH Hi rup - back at 10:30
2/18/2011 7:13:07 AM MT Al****:: GM all-good luck today- 30 F and cloudy
2/18/2011 6:48:32 AM MT mm****:: RAH - no, I am late - I often get up at 6 AM eastern, which is 4 AM mountain, where Al is, and which is the time of the Chatroom - however, the time of his Friday clinic is eastern which can be confusing - we have discussed this issue years ago but he says that it is to complicated to change
2/18/2011 6:23:37 AM MT EOE:: GM everyone. another balmy morning, 39F. that 2' of snow we had a couple of weeks ago is amost gone. good luck.
2/18/2011 6:17:02 AM MT RAH:: You're up early MM! But its already PM here in the UK! GA all! Lets see if the market gives Al anything to do today?? Looking at start of chart @ 8.15 EST, just a continuation of yesterday, not even any gap up/down!
2/18/2011 5:45:34 AM MT mm****:: gm all - 40F - have a great day
9:00 Eastern-System: No comments
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