Yes You Can... Cash In On Chaos!

Chaos Clinic Recap

Here are Al's comments
3:36 posted one last chart in the CCT Room.
3:22 not a great trading day. Thanks for coming. See you next week. Take a course.
3:21 OK, punting; out for +.75
3:18 stop to 1317.25
3:10 at this point, I'll settle for a 3 or 4 point gain
3:07 If we get a pop up here, it may end near 3:45, so I may exit then
3:04 stop to 1316.74, 1 point under recent lows
3:01 trades still OK but I'm bored silly
14:43 many people leave now; but I'm sticking it out; can't loose much; flow is still up
14:36 early low was on Venus timeline; now stuck in the Venus +V180 flux
14:26 early high was on Mars R+315 flux. Then dipped into Mars timeline. Now have support on the Mars R+315 flux

What was resistance becomes support."
14:20 patience is a virtue; often in short supply
14:14 stop to 1316, just under the 220 EXMA
14:13 after 2:30 should see some short covering
14:08 I'm trying to be patient, since this is a "hold til close" pattern
13:56 if this were a race horse, I sure would not be bragging about its breakaway speed :)
13:44 stop to 1315.5, just under the 220 EXMA
13:42 I expect some acceleration as the day wears on.
13:37 MTRainbow shows flow is up; support bounced off the 220 minute EXMA
13:20 the market struggled under the Moon -T000 flux. Now it broke it. Next -T flux is near 1325
13:17 posted a new FOP chart in the CCT Room
13:13 bought 1317.75 stop 1314.75
13:11 getting some juice; testing high; looking to buy
13:06 I'm back. See the market is still up but struggling. Range of last could of hours is about 5.75; not a lot to work with
12:26 out for zero. Now taking a break until the next trade time near 13:20
12:15 stop to 16.5, break even
12:10 here I watch to see if the 20 minute EXMA turns back down
12:06 back up to the 110 EXMA. May get stopped
11:58 my cover order is set to 1310.5, just above the 440 EXMA
11:54 stop to 1317 ; pay less to watch
11:49 notice how the 110 EXMA turned down - this is what I mean by "curl"
11:47 moving stop to 1318, controlling loss to -1.5
11:45 my Face of God pattern helped me on that entry. I have posted my FOG pattern in the CCT Room
11:40 if you have your sound on, the duck call you hear is from the hex pattern recognizer. See Hex Wheels Today and
the Hex Wheel tutorial linked on the right side of the ListOfCharts page for more
11:39 I'm not optimistic about getting that much, but we will see
11:29 potential on this trade is down to the 440 EXMA , about 1310
11:23 I do sometimes try to buy or sell the end of what I think is a completed fractal. I sold 1316.5, stop 1318.5
not a hotline trade, but a fractal trade
11:16 passing on the first trade-out of the window
11:11 today's range is exactly 9 point on my 8 hour charts. 9 is 1/8 the Wheel of 72
11:04 regular TG pointed out in the chat room that the MoonTide trades ahve been coming late in the trade window lately
10:57 made new high by 2 ticks, the fell back. Smells like a top to me. Watch the 55 minute EXMA to see if it rolls over
10:56 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 -> Courses for details.
10:44 new high by only one tick-bearish
10:41 testing the high
10:39 in judging a stall, I watch to see if a move makes new highs or lows within about 36 minutes. If it does not, a reversal may be coming
10:30 stalling under the Moon _T000 and Mars +R315 electric field flux
10:23 I'm in the first trade window, but don't see a good trade setup yet; need to wait
10:20 but this may be the high. It was 9 points above the 440 minute EXMA, the trend of the day. May pull back to the 440
10:18 our hotline rules are "trade with the trend" type. We don't try to pick tops and bottoms and trade counter trend.
10:16 24 points is 1/3 of the Wheel of 72, so it represents a harmonic move
10:09 24 point rally in 4 trading hours on my 8 hour spliced charts; pretty good move, but looks extended to mee
10:03 the Moon -T000 flux is at 1317. Right now, I'm just watching.
10:00 next Rainbow resistance is near 1316
9:54 rally seems to be losing steam. On the MTRainbow chart, watching for the magenta 55 minute EXMA to turn down
9:47 this rally is long in the tooth; I'm not interested in chasing it
9:43 getting some selling; 110 EXMA is up. It will act as support on a pullback
9:37 on MTRainbow chart hitting resistance at the green 1760 minute EXMA; from yesterday's low see 7 small moves, so this rally is supsect
9:35 opening up with support on Moon +T180 flux; trade times 10:16 and 13:20
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

2/25/2011 11:14:44 AM MT RAH:: I'm gone now for the day. C y'll Monday.
2/25/2011 11:14:18 AM MT RAH:: MM, interesting idea of yours to watch for change of trend at "general" tide time, not at "trade time". I thought Al was short during the 11.40 tide time? I chased that short a little (until moon flux), so had bigger loss than I could have (story of my trading!!).
2/25/2011 11:04:53 AM MT Al****:: mm: Thanks. I'm not traing my usual number of contracts because I'm, as you say, medically challenged. This too will end.
2/25/2011 11:00:57 AM MT mm****:: Al - also: thanks for still doing the Clinics even though you are "medically challenged" these days - I admire your stamina and dedication
2/25/2011 10:58:50 AM MT mm****:: Al - I trust you were trading several contracts and took nice profits on the 11:44 tide time - I often don't wait for the 20/110 crossing but jump in when there is a nice CIT - change in trend - at the projected MT time - as at 11:44 now.
2/25/2011 10:08:37 AM MT RAH:: 110 gone flat...
2/25/2011 8:54:44 AM MT RAH:: Those Merc/Sun/Moon fluxes are proving thumping resistance!
2/25/2011 8:51:11 AM MT RAH:: On my FoP fit, price will hit the 1/2 way mark about 1319, if it continues up, I wouldn't be surprised at a top there.
2/25/2011 8:49:15 AM MT RAH:: I was going to say Al, that WAS a new high within 36 mins... not statistically significant enough for you I see.
2/25/2011 8:39:34 AM MT TG****:: meant to say "going back to late Wednesday"
2/25/2011 8:38:56 AM MT TG****:: over the past 5 tide times going back to late Thursday and including all of the tide times during the outcry session not just the official trade times, price has tended to either top or bottom late within the tide window. About 25 - 45 minutes to the right of the tide time with most right at the 30 minute mark. Wondering if it will continue that into today. If a minor new high is made late on this first tide time I may sell it's first sign of weakness such as closing back below the last large rainbow exma.
2/25/2011 7:52:49 AM MT RAH:: Yeah I've seen you now Al, I guess market just started quite slowly.... was going to say NOde ("O"?) seems to have stopped price in its tracks.
2/25/2011 7:46:26 AM MT Al****:: the clinic is in progress
2/25/2011 7:35:46 AM MT RAH:: No clinic from Al?
2/25/2011 7:28:36 AM MT EOE:: GM everyone. 30F with snow again last night. just enough to have to shovel. good luck.
2/25/2011 7:19:03 AM MT Al****:: GM all- good luck today
14 F, Freezing Fog, 30% chance of snow in Denver
2/25/2011 7:01:07 AM MT RAH:: GA MM! OK! Another clinic today!? I was hoping XTide2 would track better yesterday... nevermind got all the other tools!
2/25/2011 5:47:06 AM MT mm****:: gm all - have a great day

9:00 Eastern-System: No comments

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