Chaos Clinic Recap
Here are Al's comments
3:46 OK, I'm done. Thanks for coming. See you in 2 weeks. No clinic next week.
Consider taking a course or 2. Using all my tools and multiple contracts I netted $1617 today
while doing the clinic on a rather crappy day.
3:40 covering on stall 1070 for +4.25 ; 7 5 minute candles stalled near the morning high
3:30 watch for a possible streak on the 4:00 line-low at 12:00 is 4 hours=6th harmonic form it
3:22 passing Pluto/Saturn timelines
3:18 stop 1068
3:13 still in; will cover 4:00
2:54 stop 1067.5
2:52 9 point range could be doubled- I'll just trail stop and cover on the close
2:47 testing high- if break, more shorts will cover
2:46 stop 1066.5
2:40 stop 1066
2:32 stop 1064.5
2:31 passing the Mercury timeline-may add juice
2:27 watching for the short covering here
2:15 So far, so good. Need to remain patient
2:10 If we get some juice, could make it up to Neptune/Chiron near 1073+
1:57 looks like we inverted from red -Tide to green +Tide; if so, up to the close
1:49 buying 1065.75; stop is in at 1063.5
1:48 the SPBias chart shows bias shifting to bullish; XTide2Plus shows rally
1:44 in about 40 minutes we may see some short covering ; alert for a possible buy setup
1:37 440 EXMA trend still down; putting sell stop at 1063.5, just under Moon et al flux bundle
1:27 at the second trade time; not much juice, so just watching; red swan seems to have flown on by
1:10 dealing with low volatility is hard-we all want action. My solution is to go camping, hiking, etc.
High volatility will return, and when it dows, I like to be well rested.
1:07 low was on the Uranus and Jupiter +270 flux lines-evidence of the big T square at work
1:02 my patience ran out; covered for +2
12:58 today's astro event is Moon squaring Venus/Mars; prices are stuck on their flux bundle
12:43 One of my proprietary cycles is a Black Swan cycle-it streaks through markets both
(green swan) and down (red swan). If it "catches" prices, it can produce a big move. If
it does not "catch", it is hardly visible. Today there is red swan coming soon
12:37 back from a breakfast with my wife break
12:00 stop to 1068; I will let this one run
11:57 Face of God patterns help you find energy centers. These centers first attract price, then repel it as
time moves past them. This one helped me be patient, telling me the dullness would end near this time.
11:52 updated my FOG chart in the CCT Room
11:46 stop to 1070.5
11:44 not a convincing break yet; but steady erosion
11:36 new lows; looking good;
11:34 stop to 1071; above 440 EXMA
11:28 testing the lows; below 1062 there is an "air pocket" between Pluto and Mars/Venus
Read Gann's Tunnel Thru The Air to learn what he said about air pockets
11:25 the white 440 EXMA on the MTRainbow chart is steady down; so this afternoon should see some "throwing in the towel"
11:23 currently trapped between the Moon +T000 and -T135 electric field flux lines
11:12 this is dullness; Chaos follows dullness
11:07 posted a Fractal of Pi chart in the CCT Room
10:52 looks like all I had to do was wait for the exact MoonTide time. Some days my patience stays in bed
10:48 this looks to me like a "hold it up and distribute" pattern. After the distribution is done, decline is probable
10:41 this month it has taken a lot of patience to make money; today is more of the same
10:37 on the MTRAinbow chart, the longer averages are down; this is bearish
10:30 That chart is made with one of my eMylar overlays. These tools are the best thing I ever did for myself.
On http://moneytide.com home page on right side is a banner link to learn more
10:24 I have posted a Face of God pattern cahrt in the Certified Chaos Trader's room.
That room is open to the graduates of my four main courses. See http://moneytide.com -> Courses for more
10:19 The Moon is squaring Mars R and Venus V near 1047. Possible taget if we get below 1062. See Wheel of Fortune page
10:12 We have the Moon T180 timeline at 10:00 and the T000 just after the close, so we do have a "Two Moon Day"
These can often be volatiole and one way; but on a summer Friday I was dubious about the volume
10:08 getting continuation sell-sold 1067 stop 1072
10:00 not getting any real juice either way
9:52 have a 20/110 continuation sell setup; putting sell stop 1063.75
9:49 there is support below on the Moon +T000 flux and the Node +O000 flux
9:45 did; now just let it go and be patient
9:44 bad early entry; may get stopped out
9:38 adjusting stop to 1066; getting a resonant hex pattern
9:36 elected long; very early; stop 1068
9:33 outcry session now open; trading near the 110 EXMA; placing a buy stop at 1071 in case of a 10:00 resonant streak
9:29 Trade times today are 10:48 and 13:31
9:22 The MTRainbow chart shows the faster EXMA's starting to converge back toward the longer ones; the 440 at 1074
is an attractor
9:15 Looks like a quiet day, with market probably holding up; early low was on Moon T+00 flux
See SPSunMoonMer chart
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
8/20/2010 2:06:22 PM MT EOE:: congrats AL. I still don't know how you do it!
8/20/2010 9:10:04 AM MT EP:: thank you
8/20/2010 9:05:42 AM MT Al****:: all my comments refer only to today
8/20/2010 8:57:30 AM MT EP:: Hi Al, I am new to your work, you say the longer averages are bearish, but your xtide2 plus for S&P is pointing up for early next week, which is it? I notice the forecast is extremely accurate.
8/20/2010 8:45:53 AM MT EOE:: had some nice juice yesterday, but today looks like a return to the dog days of summer.
8/20/2010 8:45:00 AM MT cvvv:: thanks
8/20/2010 8:42:59 AM MT Al****:: Globex EMini future, currently the September contrace
8/20/2010 8:41:25 AM MT cvvv:: which index s&p e-mini do you take for trading, is it future or directly the indexe?
8/20/2010 6:33:34 AM MT Al****:: GM all-good luck toay
8/20/2010 5:26:15 AM MT EOE:: GM everyone, we've returned to hot and humid. good luck.
8/20/2010 4:04:11 AM MT mm****:: gm all - have a great day
9:00 Eastern-System: No comments
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