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Chaos Clinic Recap

Here are Al's comments

    Trading the Employment Report
    impromtu Chaos Clinic 4/5/2019

because of I was over tired, I did not fo a pre-planned Chaos Clinic
today. But a "teachable moment" materialized that was too good
to pass up. So here is the final chart used in this example. The
comments are in the chat room.
Besides the comments made by Al, the chat room has live
comments from other traders who sometimes share their views,
trades and tips. Below are the chat room comments from this clinic

4/5/2019 2:15:34 PM MT Al****:: could be. But finally hit 2897 price, which is that white vibration level.
4/5/2019 1:59:58 PM MT ff:: Lots of Dojis on 60 min charts. Final push up next Monday and then pullback?
4/5/2019 1:32:51 PM MT ff:: Going for 9/21/18 high? Sure looks that way.
4/5/2019 12:42:36 PM MT Al****:: Thank you. Have a good weekend all.
4/5/2019 12:31:20 PM MT Ahab****:: Very good trade. Good job!
4/5/2019 12:26:29 PM MT Al****:: stopped for +9.5 -missed target by 2 ticks, but still a good trade
4/5/2019 12:24:26 PM MT Al****:: stop 2891.5
4/5/2019 12:12:05 PM MT Al****:: possibly make R4, but my cover is still R3
4/5/2019 12:08:12 PM MT Ahab****:: Reluctantly going your way Al.
4/5/2019 11:59:40 AM MT Al****:: About to be rewarded for my patience
4/5/2019 11:44:24 AM MT Al****:: about to pop up-2897 is now Moon T+00 electric field flux line
4/5/2019 10:55:16 AM MT Al****:: students of the Chaos Trading Made Easy course: check the second chart on the spCTME page
4/5/2019 10:49:28 AM MT Al****:: my stop is now at 2890; expecting more juice as come to Moon timeline
4/5/2019 10:40:28 AM MT ff:: Following SPKISS 2nd down green tide
4/5/2019 8:35:39 AM MT Al****:: it was calculated as R3, from yesterday's data, constant today
4/5/2019 8:28:52 AM MT Ahab****:: Calculation doesnt change but variables change .
4/5/2019 8:28:17 AM MT Ahab****:: I thought I had come up with the calculation that resulted in 2897 but that calculation changes as the day progresses.
4/5/2019 8:13:17 AM MT Al****:: no-prices may go higher, but trading discipline says to stick with the plan and not be a pig
4/5/2019 7:43:13 AM MT Ahab****:: Al, I assume that , the cover price goes up a bit as we progress through the day.
4/5/2019 6:59:13 AM MT Al****:: I will point out a trade setup that often works for the Employment report. I pointed it out in the chat room yesterday. Late in the day one of my regulars logged in as ff pointed out that the late rally was being moved by a Green Swan, and prices were likely to run up into the close. I pointed out that this is often a "leaning up" into the Employment Situation report. I then pointed out that a target for a trade would be the white vibration level at 2897 on the Secret->esNat360 chart. That trade is developing now.

I was aided in recognizing this trade setup by ff's comment in the chat room. I had been gone all morning taking my wife to a doctor's appointment. My mind was not on trading, but ff's comment refocused me. I did buy 2882, held overnight, and now have my stop at 2985.5 , cover 2897. This points out the value of "cooperate and graduate" when traders share what they see in the chat room.

Good luck today, and have a good weekend. And Thank You ff!
4/5/2019 6:43:52 AM MT RR:: GM all
4/5/2019 6:38:04 AM MT Al****:: GM all- good luck today
I will not be doing a Chaos Clinic today
I need to take a day off

9:00 Eastern-System: No comments

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