Chaos Clinic Recap
Here are Al's comments
11:20 it has gotten dull; This in not a good day for trading, so I'm going to pass on the rest of the day.
The screens will run until the close-have a good holiday weekend-see you in 2 weeks
11:11 back to where I bought nearly 2 hours ago -not much momentum
11:09 prices keep getting atttracted back to the Sun/Moon flux at 1004 due to the Full Moon
11:02 getting much smaller bars - not good
10:41 very hard to get a good entry with these 20-30 minute swings
10:39 updated my FOP chart in CCT room
10:16 I posted a Fractal of Pi chart in the Certified Chaos Trader's room-open to all who have taken my four main courses.
If you have, you will see a link on the left side of the ListOfCharts page
9:59 next trade time is 11:15, so just watch until get close to it
9:54 on the MTRainbow chart the white 440 EXMA is up, so trend of day is up; but congesting now
9:50 stopped out; no juice
9:43 stop to 1002-under the 110 EXMA; watch for a 10:00 streak
9:39 I will cover at 1009.5 if get there - early high will be resistance
9:35 elected long 1005.5 stop 1000.5
9:33 needs to break above 1005.5 to be me interested; putting a buy stop there
9:31 trapped between the Moon flux lines with a bullish bias-looking for a buy setup
9:14 trade times today are 09:31, 11:15, and 14:53. Pre holiday weekend, so volume will be light
so no big moves, and last trade may be too dull to do. Probably hold up today, but nothing dramatic.
9:04 early rally faded, now looking for support - Full Moon price of 1004 is an attractor
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
9/4/2009 11:01:59 AM MT TG****:: I got dinged for a -3 on the same initial trade Al took but rebought the 20/110 crossing coming out of the first tide turn as a potential move 3 up on my fractal grid. Probably should have sold it about 30 minutes before the next tide time on the stall and rebought coming out of the 2nd tide time but carried it through and covered for 8. The 220 exma was very helpful in my decision process for getting long again and for where to place my stop at the 2nd tide time.
9/4/2009 10:22:14 AM MT mm****:: Al likes camping so much he threw in the towel too early - the first MT CIT worked like a charm !
9/4/2009 9:26:52 AM MT Ahab****:: Al..I cant see the charts in the chart room. Is it me or you?
9/4/2009 7:31:42 AM MT UNI:: GM All
9/4/2009 6:58:08 AM MT Al****:: GM all-good luck today
9/4/2009 5:57:29 AM MT mm****:: gm all - have a great day
9:00 Eastern-System: No comments
[ Live Clinics on Friday on DaytradingForecasts.com ]