Chaos Clinic Recap
Here are Al's comments
2:15 I'm done for the day-thanks for coming-screens will run to close-see you in 2 weeks-take a course
2:11 from here I think a 4.5 hour down fractal is done, so flat to up rest of day
2:04 This dip below 1188 to 1186.5 was the possible scenario I used
to pick the position trader's buy 1188 or better
1:58 covering 1188 -stalled - and the pit retested 1186.5 ; +3
1:53 just have to be patient here
1:45 pit is gunning for 1186.5 -stop 1188.5
1:42 stop 1190 - cover is 1186 if get there
1:41 stop 1190.5
1:37 so far OK-trying to get past the vertical jerk in the red -Tide here
1:28 stop 1190.75
1:23 notice how squaring the Moon ended the congestion
1:18 the band gap energy jump will be complete on the -T090 Moon flux near 1186
1:07 stop 91 - free trade - this break came exactly at a key point in the
fractal grid from the Chaos Trading Made Easy Course
1:01 right here I like the curl on the 110 EXMA
1:00 stop 92.5 -can press harder on dull day
12:58 sold 91 stop 94
12:56 getting some motion now-watching closely
12:49 trend still down according to 110 EXMA -need some volatility to do any trade
12:43 Xcgh squaring the Moon
12:37 volatility has decreased in a converging triangle - I want to see how it comes out of
this Tide turn - if no juice, no jump
12:03 the fractal pattern for the day is down, and the 110 EXMA is down, wth slope matching that
of the yellow MoonTide harmonic grid
11:57 I don't expect much to happen for the next hour-then watch to see if we get any energy-Friday
before a spring break weekend-many people could be leaving early
11:41 started flat -bears got it going south, bulls got it back to flat - many get duller as day goes on
11:36 the pivot/Chiron price was resistance - now in midday doldrums
11:32 that does not mean the fractal is over yet, but getting close
11:21 if you look at the SP9day chart, you see we are in move 7 of a down Chaos Clamshell from 3/7
11:06 inverted to red -Tide - buying came in at double bottom with yesterday
11:04 out +1.25 - fine - I gave it a chance for more but worked stop to make a bit
11:00 I'm trying to get past ths move 4 in a down Chaos Clamshell-stop is in right place
10:56 congesting aobut th 1191 crossing of the diagonal yellow MoonTide harmonic grid
10:49 stop 92 - cover is 1188.25
10:42 the pit's 1186.5 price is the -T090 Moon flux -reaching it would complete a Moon flux
bandgap energy jump
10:40 stop 93 - just above the 20 EXMA
10:36 stop 1194 - like the acceleration here -Mercury/Jupiter flux set yesterday's low
10:34 stop 1195
10:31 once get past the vertical jerk in the green +tide, watch for move to accelerate
10:25 the pit pivot price is the same as the Chiron flux line-weak if below it
10:19 that little bounce was stopped by the 110 EXMA, and 20 EXMA is turning down-OK so far
10:17 pretty choppy - when it is you have to accept that it is riskier to trade
10:11 traders in the outcry pit are looking at these numbers:
1194.10 = pivot
1190.30 = support1
1190.30 = prior low
1186.50 = support3
1186.50 = support2
1182.70 = support4
10:09 Chaos trading is a study of balance-when it is broken, chaos follows, so go with it
10:03 I entered there because of the speed of the move, and it broke 55 minute low band by 1 point
9:57 sold 93.25 stop 96.25
9:55 now looking weak - watching for a sell setup -hard when coming off a flat like this
9:48 still chopping - support was on Chiron flux -Neptune is resistance
9:39 2 day chart shows a "rolling right" behavior
9:34 currently prices stuck on -T045 Moon electric field flux line
9:32 opening with 110 EXMA flat - so starting out dull
8:56 Hex pattern recognizer sees Moon, Uranus, Price forming a triangle. Uranus timeline near
first trade time
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
3/18/2005 1:09:04 PM Mountain Al:: Thanks, guy. Have a great weekend.
3/18/2005 12:39:16 PM Mountain wlj:: al, great email call " 1186.75 poss low '
3/18/2005 12:32:29 PM Mountain wlj:: mjs , in the 1970's i went to a tiny glider airport right next to the ocean on the north shore of oahu. not a soul on the beach as far as you could see, great spot. was laying on the beach when the lady i was with screamed an pointed at a giant wave coming,we ran for our lives. the wave blow over the beach and the road above as we made it to high ground. very lucky or we would have been sucked back out to sea.... does your 20 acres have some high ground near by or will you sleep with a life jacket on
3/18/2005 12:12:02 PM Mountain mjs:: Da Monkey 1192.0 to 1187.0 = +5 Thanks Al.
3/18/2005 11:55:30 AM Mountain mjs:: Actually technology is more advance in CA than here. Not all over but where they have it. Costa Rica has the central site for the internet for Nicaragua and Northern Panama I think USAID paid for that. I am pretty sure you could trade from down there but you would want to be near the Univ of Costa Rica (that is where the internet computers are)
3/18/2005 11:50:41 AM Mountain Al:: New Yor rotated 90 degrees to the Moon
3/18/2005 11:30:22 AM Mountain Ben:: Al, What did you mean that the xchg squared the moon?
3/18/2005 11:23:45 AM Mountain wlj:: mjs, i guess the internet is in the large cities only if at all
3/18/2005 11:18:11 AM Mountain mjs:: Now here's a tip if you go down there with a wife of Significant Other American. They find it very difficult because firt thing you do is get a maid/cook and gardner. Everything your wife did for her place in life is now done by someone else and they just have a hard time with that in my experience. Guy seem to do better as they get to direct things but there are downsides for guys too. Mostly the payoffs and tips and people constantly seeking a hand out as you are suppose to be rich.
3/18/2005 11:02:00 AM Mountain mjs:: here's another place Manta, Ecuador right on the Pacific. 400,00 population and 4,000 telephones. 5 fish factories and about 300 locally built ships in the harbor. You can live like a king there on SSN.
3/18/2005 11:01:54 AM Mountain wlj:: mjs, outstandings.
3/18/2005 10:56:29 AM Mountain mjs:: the problem is who owns the land so you need a really good local attorney to do the search of ownership plus there can be squatters with rights. Best is to rent a place for 6 mo or a yr and get to know whos who and whats what. That's how I got my 20 acres with 3000 ft beach font for $12.500
3/18/2005 10:52:24 AM Mountain wlj:: found a lot of info on toro del boca on the internet
3/18/2005 10:44:02 AM Mountain wlj:: thank you
3/18/2005 10:37:57 AM Mountain mjs:: If you like real fishing and the ocean and white sand beaches and not a lot of people look up Toro Del Boca Panama on the internet. Don't believe the RE Pitch prices. It is going to get developed like Belize as great diving etc. But right now it is one of the ends of the earth. About as far from our world as one can get.
3/18/2005 10:33:53 AM Mountain mjs:: ON Central Am. El Salvadore, Gutamela, Hondorus now have gangs. They are formed by illegals we send back there. These illegas came here as babies or kids attended our schools got in trouble and went to jail. When they get out of jail the INS sends them back to their country and most don't know Spanish or have any skills and of course their country isn't prepared to assit them. So those places are really scarry now.
3/18/2005 10:29:55 AM Mountain mjs:: That requires a story: I parked my jeep in downtown San JOse CR and left a cameria on the seat in full view. Hour later I came back camera was gone. They took out the back side window by cutting the rubber and left the windown on the font seat No camera. I left my car on a streen in NYC came back and it was gone. Tons more stories like that. Yes there is economic crime Yes it takes time to get our American mind use to it. No you won't get hurt.
3/18/2005 10:25:54 AM Mountain wlj:: mjs, how safe is it to live in costa rica, central america etc.
3/18/2005 10:08:41 AM Mountain mjs:: wlj yea those guys are on my list of best sites for me as I come from a conservative background and believe in thrift and responsibility etc. But when I look at 2000-2003 and realize the Fed did avert a 1930 style collapse (easy money, tax cuts) and I consider the other option (soup lines, foreclosures) well I just hope the end game works as well. No one knows how we will manage all our debt and what will happen to the Dollar. Have we just delayed the pain or is a nasty day of reconning coming. I think in 2008 we will have the answer. But then I will be on the beach in Costa Rica
3/18/2005 9:49:48 AM Mountain wlj:: mjs, safehaven.com is another site that has a lot of news letters, info etc.
3/18/2005 9:49:15 AM Mountain Patents:: Is there any effect today to the spring equinox?
3/18/2005 9:17:36 AM Mountain Patents:: Thnx. I will look at it this weekend.
3/18/2005 9:11:38 AM Mountain mjs:: Patents here's my email if you get Wave59: email@example.com
3/18/2005 7:42:56 AM Mountain Patents:: Thank you so very much for your kindness. I appreciate it.
3/18/2005 7:41:12 AM Mountain mjs:: what has been most beneficial to me is getting Wave59 with all Al's indicators authorized and then seting up the charts and indicators as best I could. Then watching what happens per the rules. This is what has gotten me into the zone. You can get Wave59 on a 30 day trial for $15. If you do that let me know and I will share my setting so you don't have to spend a month like I did trying to get it set up so you can learn. MJS and Da Monkey
3/18/2005 7:36:05 AM Mountain Patents:: Thnx, I am just trying to concentrate on following and understanding this system without confusing it with information/opinions from other sources.
3/18/2005 7:30:16 AM Mountain mjs:: Another tip for positon trading. I look at Stockcharts.com public page where 30+ guys and advisors post there opinions. You see a lot of Elliot, Fib, some Astro, and clasical stuff. It is helpful to me to get other points of view and then come back here and see what I think. Things do happen at the Astro signatures but not always exactly when you project to happen or all the time. Get Larry Pesaveno's Asto Cycles. It won't make you rich but fills out some of this stuff for a better understanding. In the end it is a judgement system supported by lots of really great indicators. Remember Al has been at this 18 yrs so we are just babies starting to crawl. Thank God we have a good mentor and teacher here.
3/18/2005 7:29:56 AM Mountain Patents:: I have another question relating to daytrading versus position trading - why does there seem to be such a discrepancy between the effectiveness of the day trading system versus the position trading?
3/18/2005 7:27:08 AM Mountain Patents:: Thnx. I understand, but if it is a system that we are learning, there should be some numbers based on "forward" data that takes the individual's skill/interpretation out of it. Another for instance is if we are in a downward sloping fractal from 3/7, why was the position trading newsletter not taken out of the position that seemed to be based on an upward sloping fractal instead of being stopped out this last time? It seems like recognizing that the fractal started 3/7 was unexpected. If so, what went wrong in the previous fractal count and is there a way to counter it or recognize it. Note that the long position was entered about 3/10, which is several days after the new fractal started.
3/18/2005 7:25:27 AM Mountain Al:: 1. about 85% or better 2. Best stop is above the boundary of the Hannula Market Fractal - another way is to make your
stop no higher than a certain number of points above the low of the fractal - late in the fractal one can decrease this.
3/18/2005 7:16:28 AM Mountain mjs:: Hey Patents I had similiar issures but just working with the system and Wave59 has helped a lot. It is a percentage system based on recognition of patters. On position trading look at the performance chart on the home page. Great in 2003 no so in 2004 but the daytrade works very good. It seems to me the stops are about 9 pts on position trades. As far as seeming the future I use a Bradley. It is inaccurate but as good as it gets given the range the S&P has. You just have to paper trade until you have the results you want and the confidence. But don't bet the house on this stuff as it is CHAOS. My daytrades run 60-80% depending on the week but that is more than enough to achieve the results Al is getting. I am now working on developing my trades at a higher level (so I think) but can always fall back to the tried and true RULES. The biggest issure for me is getting better entry positins. I lose 1/2 to 1 pt there often with in 20-3- trades a month is harmful to my ultimate success.
3/18/2005 7:01:51 AM Mountain Patents:: I am having a problem getting my arms around the theory. In last nite's email, it said that we are in the end of a fractal beginning on 3/7. I can see that. One question that I have is in similar looking forward situations, what is the rate of instances that do not turn out as expected? I can see that looking BACK one can choose snippets of data to match the theory, but I can not get a handle on the likelihood of accuracy for predictions (this is on the longer term basis and not the day trading which I believe is influenced a great deal by the skills of the individual). My problem is holding on to a position expecting a move down to complete the fractal, but it does not happen. When this occurs it tends to undo much of my gains from being right with earlier positions. So: 1. What is the probability that the 7 move will happen in this fractal? 2. How is a stop chosen if the expected 7 down move should not occur?
9:00 Eastern-System: No comments
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