Yes You Can... Cash In On Chaos!

Chaos Clinic Recap

Here are Al's comments
3:36 This was such a good day I'm going to post it as if it were a Chaos Clinic
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

9/21/2006 1:36:01 PM Mountain Al:: note how the long decline went from Chiron price to Chiron time -
9/21/2006 1:32:33 PM Mountain Al:: +2
9/21/2006 1:23:11 PM Mountain Al:: stop 28-letting it ride
9/21/2006 1:13:18 PM Mountain Al:: stop 29
9/21/2006 1:09:45 PM Mountain Al:: stop 30.5
9/21/2006 1:07:13 PM Mountain Al:: stop 31
9/21/2006 12:53:49 PM Mountain Al:: stop 32
9/21/2006 12:47:19 PM Mountain DBJ:: out flat
9/21/2006 12:46:42 PM Mountain Ben:: out +.50 - gotta go - good luck with this trade boys
9/21/2006 12:30:00 PM Mountain DBJ:: stop 30.5
9/21/2006 12:28:07 PM Mountain DBJ:: stop 31.5
9/21/2006 12:27:37 PM Mountain Al:: if this one is working, I'll carry it as long as possible
9/21/2006 12:23:09 PM Mountain Al:: sold 30
9/21/2006 12:22:42 PM Mountain Ben:: resold 30
9/21/2006 12:19:37 PM Mountain DBJ:: sold 30.5
9/21/2006 12:13:03 PM Mountain Ben:: out flat - moon flux support held
9/21/2006 11:55:21 AM Mountain Ben:: sold 30.75
9/21/2006 11:40:58 AM Mountain mm:: I see - thanks
9/21/2006 11:24:22 AM Mountain Al:: also, note that the high was on the Uranus timeline - for some strange reason, Venus and Uranus work together
9/21/2006 11:22:35 AM Mountain Al:: I've ben studying the effect of the 8th harmonics -today Moon conjoin Venus is 135 degrees ( 3/8) to Chiron -set the range of this move
9/21/2006 11:20:39 AM Mountain Al:: and FYI, I covered my 37's and 38's
9/21/2006 11:14:59 AM Mountain Al:: there hit the band edge, slowed, and was 9 points (45 degrees) from the Chiron flux, so I decided it was time to cash in on the chaos
9/21/2006 11:11:53 AM Mountain Al:: covering +6
9/21/2006 11:07:37 AM Mountain Al:: stop 31-can press harder late in the move-now I have my 5
9/21/2006 11:04:39 AM Mountain Al:: stop 32-note speed > 7.5 points per hour in last hour
9/21/2006 11:01:53 AM Mountain Al:: stop 32.5
9/21/2006 10:56:14 AM Mountain Al:: stop 33
9/21/2006 10:54:01 AM Mountain Al:: stop 33.5
9/21/2006 10:44:59 AM Mountain Al:: stop 34-plan to ride
9/21/2006 10:43:18 AM Mountain Al:: stop 35
9/21/2006 10:25:48 AM Mountain Al:: stop 36
9/21/2006 10:24:20 AM Mountain Al:: mm, as an example of other things I do, I was a seller at 1338 and 37 based on the double whack of the 1339 flux line-but these rules are too complex and require proprietary software, so I don't attempt to teach them to the public
9/21/2006 10:21:09 AM Mountain Al:: stop 37
9/21/2006 10:02:52 AM Mountain Al:: sold 36
9/21/2006 9:43:00 AM Mountain Al:: If you can't trade one contract and follow the rules, you have no business trading multiple contracts-the key is to learn to follow the rules
9/21/2006 9:40:26 AM Mountain Al:: mm-in my own account I do use multiple contracts and do use more complex rules-but this site is used by mostly newbies, who can only trade one contract, so the hotline is tailored for them
9/21/2006 9:37:47 AM Mountain mm:: Al - I still don't understand why you dodn't like/use multiple contracts - I had suggested this and we discussed it more than 10 years ago - today I took partial profits when it touched yesterday's low and turned up - nothing wrong with taking profits !
9/21/2006 9:02:32 AM Mountain Al:: I don't know if it's wisdom-just things I learned from the school of hard knocks
9/21/2006 9:00:11 AM Mountain Ben:: Thanks for the wisdom - it really helps.
9/21/2006 8:44:33 AM Mountain Al:: there are rules that will work better on a big moving day, but they tend to only work on big moving days - and they require larger stops -my goal is to just be a bird, getting a little birdseed
9/21/2006 8:39:55 AM Mountain Al:: chaotic markets easily induce hallucinations, tempting you to modify your rules - as soon as you do that, and the untested modified rules don't work, you don't trust yourself -and then you trade chaotically and give all your money away
9/21/2006 8:36:40 AM Mountain Al:: out +2
9/21/2006 8:29:56 AM Mountain Ben:: out +1.5
9/21/2006 8:24:12 AM Mountain Ben:: thanks
9/21/2006 8:22:41 AM Mountain Al:: no, just following the normal rules , but my bias will be sells
9/21/2006 8:14:24 AM Mountain Ben:: Al, XTide2 is down all day - you going to hold this one all day?
9/21/2006 8:08:49 AM Mountain Ben:: stop 36.5
9/21/2006 7:58:24 AM Mountain Ben:: a little later than you Al - sold 36.5
9/21/2006 7:52:30 AM Mountain Al:: sold 37.25

9:00 Eastern-System: No comments

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