Chaos Clinic Recap
Here are Al's comments
3:53 posted final FOP in CCT Room. Have a good weekend All
3:36 I'm done. Thanks for coming; see you in 2 weeks. Going camping next week; take a course
3:35 out at 62 for big +2.75
3:28 last timeline is Venus. Venus flux near 1056.5
3:26 stop 62, buy 56 limit is in
3:24 stop 64
3:21 stop 64.5, just above the 55 minute EXMA
3:20 stop 65
3:17 stop 65.5
3:11 looking better; stop 66.5; 1056 is support; will cover there if we get there
3:10 stop to 67.5
2:58 this is why I go camping in the summer :)
2:51 here we go; stop to 1067
2:45 about to rip
2:40 those little rallies are the loops on the Velcro; soon it could pull loose
2:38 near 2:30 all those buyers that made the little rallies will give up
2:33 nothing to do but sit tight; Fractal Grid pattern from CTME is down to close
2:26 watch the slope of the 110 EXMa to see if it gets steeper
2:21 the rest of the day looks down;
2:18 dopping after passing Mercury timeline-should pick up some juice now
2:08 this trade is for the second trade time. If it keeps working, I will carry it throught the 3rd time
2:05 all those little ripples in the 20 EXMA are a form of fibrilation, as preceeds a heart attack.
2:01 This is a "cover on close" pattern. The MTRainbow flow is down.
1:55 Saturn/Moon price is 1044-plenty of time left to reach that
1:51 on the MTRainbow chart, the bar colors changed red-white-red on the little pop up
1:46 20/110 continuation sell; sold 1064.75, stop 1068
1:38 updated my FOG chart in the CCT room
1:34 watching for a buy setup on the 20/110 EXMA's
1:32 getting some buying
1:22 the price bars look sick for the last three hours; not a lot of juice
1:16 The S&P is down 24, one third of the Wheel of 72 ; the Dow is down 216, 1/5 of the wheel of 360
So this is a harmonic point
1:07 passing solar noon often gives a change in trend; today it coincides with a Tide time
1:04 last two hours have a range of about 9 points, decline has slowed
12:48 aborting for 0; when I looked at the astro stuff I saw low on Sun H+180 as come to sun timeline at solar Noon
12:36 you can watch the little rallies picked up by the 20 minute EXMA's, and thrail a stop using the 110 EXMA.
right here, for the second hotline trade I sold 1068 stop 1071
12:34 if you didn't get in early on a move like this, you watch it, wishing you were in. Patience will give you an entry.
As Larry Pesavento says, "I'd rather be out, wishing I was in, than in, wishing I was out."
12:23 on the MTRainbow chart the the averages are showing a big diversion , and the 110, 220, and 440 are straight lines; so trend is steady down
12:00 no support; taking a breakfast break
11:51 fishing for a bottom
11:38 updated my FOG chart in the CCT room
11:29 marginal new low passing Moon timeline; potential double bottom
11:24 stopped out on my non-hotline trade
11:10 yesterday the low of the day came on the Moon T90 timeline;
coming to it soon; could produce a rally after passing it
11:05 I have placed a Face of God chart in the CCT room
11:01 on the MTRainbow chart you can see the EXMA's progressively turning up, from shortest to longest.
10:57 using these tools I made a NON-HOTLINE trade entry at 1074 with a 5.5 point trailing stop.
I did it in the MoonTide trade window, just not using the EXMA's.
10:52 Better than any indicators are pattern overlays, such as the Face of God and Fractal of Pi. I use these daily.
Last year I implemented them as eMylar overlays. These fluent tools are a huge help in my trading.
10:46 showing some buying; this shows the problem with just using EXMA's. After a big move, they take time to recover.
Better indicators are given in the Chaos Trading Made Easy course. But for the hotline, my rules just use EXMA's because
everyone has that indicator.
10:36 prices were attracted to the Chiron/Neptune conjunction; it is forming a quincux ( 150 degree angle) to the Moon/Saturn conjunction
10:27 coming into the exact first trade time. The 110 EXMA is too far away for an entry right now
10:24 I have placed that Fractal of Pi chart in the Certified Choa Trader's room. That room is open to
those who have taken my 4 main courses. See http://moneytide.com -> Courses for more
10:20 we could be completing a down Fracal of Pi from yesterday's early high.
10:15 this is a very extended move ; on the MTRainbow chart prices are about
15 points below the white 440 EXMA
10:10 low is on Mercury M+180 flux; watching to see if it holds
10:07 obviously covered too soon; down to next Moon flux crossing
10:02 covering for +3;late entry; Venus flux and time are square; reaction to Consumer sentiment report at 9:55 waning
10:00 stop 1078
9:56 this is a trade going into the Tide time, so need to be careful of a reversal
9:53 no reversal, broke 1080, sold 1078.5 stop 1084
9:49 down to the Moon flux-on the SPSunMoonMer chart, you can see that the Moon flux cross here; can reverse a move
9:45 testing yesterdays's late low
9:38 holding on the Sun flux-looks like it is trying to turn up
9:34 no up juice here; support at 1080 from Moon T+000 flux
9:32 outcry session open. Low on Venus flux. I'm watching for a possible rally
9:22 I'm alert for the first trade to set up early, since the 10:00 hour line is near the Venus timeline,
which means that Venus and the Sun are 45 degrees apart, setting up a harmonic relationship
You can see all the timelines and fluxlines on the Chaos Clinic astro chart. Astro relations are alos shown on the Wheel of Fortune
9:17 on the SPSunMoonMer chart, price down to the Sun +H270 electric field flux; often get early dip on Fridays that gets reversed
9:12 if you are new, the ListOfCharts page has links to a lot of pages. The top right side has links to several tutorials.
9:10 now MTRainbow chart looks flat, much like yesterday. Watching early decline for possible low near 10:10
9:04 trade times today are 10:38, 13:02 and 14:27
8:53 preopen quiet; MTRainbow chart bullish, but subject to early dip
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
7/16/2010 1:04:35 PM MT Al****:: yes
7/16/2010 1:02:17 PM MT EOE:: Is that a big gap on the Wheel of Fortune below 1062?
7/16/2010 10:04:09 AM MT TG****:: 68-68.25 is a 1/3 retrace if the move from 1006 to 1099.25. 1067.5 - 1067.75 is a 138.2% extension of yesterday's morning drop.
7/16/2010 9:31:04 AM MT Al****:: MM, sleeping late on vacation, eh? good for you
7/16/2010 9:29:35 AM MT mm****:: good noon all - have a great afternoon
7/16/2010 6:42:39 AM MT Al****:: GM all-good luck toay
9:00 Eastern-System: No comments
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