Chaos Clinic Recap
Here are Al's comments
2:58 out +2 -I'm done for the day-thanks for coming-see you in 2 weeks-gone next week
2:55 stop 1102
2:54 my original +4 cover is 1005
2:52 stop 1100-waaatch for streaks up timelines going into close
2:43 rebought 1100 stop 1098
2:39 don't like this stall-covered -1
2:34 oob trade is a "reversion to the mean" trade -the 110 EXMA in this case
2:31 stop 1099-so far so good
2:27 bought 1101 stop 1098
2:23 out of band buy set up-buy break of 20 EXMA
2:19 1098 is the pit's S2 price as well as Moon flux-if it holdes, look for late rally
2:17 now have a complete Moon flux to Moon flux "bnad gap energy jump" -like the electrons in a transistor
2:09 "running the band edge" - may set up an out of band buy near 2:30 -be patient
2:03 hit the lower band-will now try to rally for 20-30 minutes-that could give a continuation sell
2:00 Today is a "two-Moon" day-two Moon timelines-often volatile and one way
1:58 When you see that you missed a trade, you want to let it go and look ahead-past is past
1:50 the 110 EXMA has been flat since 10:00-now it looks to be rolling over-should get a
continuation sell near last Tide turn
1:46 that drop broke support, so now I'm watching to see the nature of the next rally
1:43 I did not pick this Tide turn to trade-just a judgement call
1:40 the up yellow MoonTide Harmonic Grid line is still the supporting trendline
1:34 I'm back -market went nowhere-so I saved some emotional capital by not watching it
12:42 I'm going to pass on this trade and take a break-back in about an hour
12:33 still holding Sun price as come to Sun time
12:25 down white diagonal line and up yellow diagonal line form triangle,ending soon
12:22 low just above the yello MoonTide grid crossing-bullish
12:20 looks like trying to turn up-waiting
12:10 I'm trying to give it another ten minutes to show me what its going to do
12:05 support on Sun flux line
12:02 looks like on green +Tide-flat, so wait to see how it comes out of this Tide turn
11:33 now have a nice converging triangle with the apex at the next Tide turn
11:06 when prices trade both sides of the 110 EXMA, stay out-tend is weak or there is none
11:02 note that despite the wide swings, the 110 minute EXMA has barely moved in last 90 minutes
10:57 resistance on the white diagonal grid line off the high-forming a converging triangle so far
10:49 bulls still want to take it up-just waiting for next Tide turn
10:20 note how precisely that low hit the crossing of the yellow MoonTide Harmonic grid
10:07 now it looks like on the green +Tide-look for slow move to 1007
9:58 if you are wondering why I didn't take the out of band sell trade, too, it is because
my big gain cost me emotional capital-I don't want to get too excited and caught up like others
9:55 that move was forecast by red -MoonTide,time was excellent,tracking indicators
confirmed move, and target rules worked well-I love a good day
9:49 after that 12+ point streak, prices are likely to trade inside it all day
9:46 that move stopped right at the same Moon flux line that stopped the news spike high
Venus opposing Moon timelines were really hot
9:43 Out 1117 for +9, just fine
9:42 stop 1114-entry+9 is fast move cover
9:40 stop 1109.5 -will try for more than +4 on this fast move
9:37 stop 1108-cover is 1112, +4 for out of band (oob) trades
9:34 Moon and Venus vertical timelines right on the open-makes for fast move-stop 1107
9:31 bought 1108 stop 1105
9:05 pre-opening out of band buy setup -waiting for outcry open at 9:30
8:43 Jobs report 288,000 jobs-expected 170,000-raising fears of higher interest rates
Note emotional high on Moon flux and low on Moon's Node flux -Moon runs emotions
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
5/7/2004 11:21:47 AM Mountain TG:: Stopped for +1.25
5/7/2004 11:05:59 AM Mountain TG:: keeping stop very tight at 1109 now, action looks week.
5/7/2004 10:58:41 AM Mountain TG:: 12:40-45 est has marked 1 day cycle low last two days, may have done so again today. Time frame was also on a natural time today, so bought 8.5 with a tight stop as price was holding above 20 Exma, a little anticipatory of 20/110 break.
5/7/2004 8:32:43 AM Mountain Greg:: Yes, that was great trading! It is a good day.
5/7/2004 8:21:54 AM Mountain TG:: Wow, fireworks early. Missed initial big run up but got +5 on oob sell so not too bad. Nice trading Al.
9:00 Eastern-System: No comments
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