Chaos Clinic Recap
Here are Al's comments
2:20 I'm done for the day-thanks for coming-see you next week -take a course
2:17 out for 0-just do not like it
2:08 I posted a Fractal of Pi chart in the CCT room
2:04 if it holds up past 2:30, should see a short covering rally
2:00 stop OK-has to turn up soon to keep me in
1:43 in 2007 I made a study of a trading system based on material taught in Chaos Trading Made Easy. It would
suggest that this is a "hold long to the close" situation
1:40 a 9 point move off of the last low would be 1343.75, about +U225
1:37 stop to 1332.75, last minor low
1:34 updated FOG chart in CCT Room
1:29 stop to 1331.75, 1 point under last minor low
1:27 buying 1334 stop 1331
1:21 one has to be very patient to wait through this kind of dullness; Remember, "Chaso follows dullnes."
1:16 still treading water; what it is not doing is diving lower
1:09 volatility pinch here - watch for expansion
1:03 little dip going into Tide Time
12:53 coming up on solar noon-in the trade window-waitng a bit
12:46 looking more bullish coming into second trade window
12:37 stuck in place by that Venus/Uranus/Saturn/Pluto Grand cross
12:34 updated my FOG pattern in the CCT room
12:14 aborting for -1 ; not going
11:56 I'm going to trade this Tide TIme just for the sake of demonstation-20/110 EXMA buy at 1334 stop 1331
11:46 my trade selection software did not pick the 12:04 Tide Time as a trade time-maybe it should have
11:40 got above the 110 EXMA for first time-looks like trying to turn up
11:36 -back-updated FOG chart in CCT room-marginal new low was reversed
11:05 testing low-passing on first trade and taking a breakfast break
10:58 still holding above the low
10:42 higher low, watching for enough juice to turn the 110 EXMA up
10:39 I have placed a Face of God 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.
10:34 if this is a higher low, it will induce program buying
10:28 had a hex pattern recognized at 10:14 -see Hex Wheels Today and Hex Wheels tutorial , linked on right side of ListOfCharts page.
10:21 still digging for a bottom-significant if the low holds
10:09 from the low we have amove 1 up, now in 2 of an up Chaos Clamshell
10:00 last minor low was on the Sun +H090 flux. This suggests move holds up until the Sun 13:00 timeline in a price to time move
9:54 on gap up or down days, which today comes clost to being, 11:00 is usually a key time. So maybe we'll get a hotline trade setup by then. 110 EXMA is down to about 1338.64 and curling up
9:34 last minor low was on +U180 flux. +U225 near 1342 may be rebound high- it is close to a 50% retrace
9:31 outcry session open; far from a hotline trade setup-110 EXMA is down near 1340
9:28 several years ago I had an "out of band, return to the mean" rule in the hotline rules. I took it out
because statistically it was not that good and it was very hard for newbies to execute.
9:20 in my own trading I use many advanced techniques, some of which are like video games.
I've observed a lot of steep drops end on a Node flux, so today I placed a buy limit order at the Node flux.
To my surprise it actually got filled at the low tick. That is rare.
9:14 today's hotline trade times are 10:17 and 13:37 -the big drop may make the first one a pass
or may make it come late
9:10 that low makes the range eactly 24 points - a harmonic 1/3 of the Wheel of 72.
9:04 low so far on the Node +0270
8:55 pattern wise, I expect a test/break of the low, then a modest rally into about mid day, and a sag into the close
8:50 the early high was on Chiron +C315 electric field flux-now on the +C225 flux-a 90
degree move; low on the Saturn +S000 flux
8:43 one can try to trade this report by placing a buy stop above the market and a sell stop below the market
but slipage can be bad. So I usually just watch while the elephants dance. I'm just an ant who does not want to get stepped on
8:36 the computers really accelerated the trend - really hard to wait for the report and manually react.
The hedge funds with their super fast computers control this type of move.
8:31 really bad jobs report - early upbeat talk just got clobbered
8:11 Good morming Early Birds-I'm here early to watch the Jobs report trading.
Early action suggests a surprise move to the upside. Program trading will jump on it if it is
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
7/8/2011 8:12:05 AM MT blk:: Good Morning and thank you for allowing a brief look at your work. Did Al mention that he uses 3 and 20 min chart to follow his work ?
7/8/2011 6:12:35 AM MT Al****:: GM all-good luck today
7/8/2011 4:21:13 AM MT mm****:: gm all - have a great day
9:00 Eastern-System: No comments
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