Chaos Clinic Recap
Here are Al's comments
3:03 stopped -1 ; I'm done for the day - thanks for coming-see you next week-take a course
3:01 stop 40 - red -Tide says hold to close
2:51 resold 39 stop 41
2:47 out +1
2:42 stop 39.5
2:38 Moon flux was hot, now Moon timeline is hot also
2:36 tested 110 ; stop held
2:14 during a congestion, there are two fractals at work -so check both and be nimble
2:11 stop to 41 -looking good-better volatility
2:05 stop 41.5
1:57 things changed when the Moon flux crossed
1:53 sold 40.5 stop 43.5 on 20/110 crossing; got inversion from green +Tide to red -Tide, fracturing up fractal
1:51 stopped for net -1.5 on the 2
1:48 this is also about the time buyers usually come in if the market is up
1:38 this is a "sleeper buy point" from the CTME course - a not so obvious entry point in a fractal
1:37 stop 40.25; .5 under double lows
1:30 now getting a bit of buying-watching for the volatility increase
1:28 still holding up but very dull
1:00 turned up at Sun timeline - bullish for reaching 1448
12:57 got a reaction off the Moon flux -may get another continuation buy
12:36 I was alert for that move due to using the Fractal Grid from the CTME course
12:33 stop to 40 on both contacts
12:30 early, but continuation buy 42 stop 39
12:30 support right on the 110 EXMA
12:22 things are quiet now, but a break above 43.25 will liven things up
12:14 hex patterns show harmonic prices- can sit on one, then move 6 or 12 points
12:12 just got a hex pattern - see Hex Wheels today -Mars/Pluto/Saturn/Mercury
12:10 now seeing the second wave of selling about 3 hours after the first-pretty weak
12:00 notice that I use grid lines every 3 points - these quantums form a 3 point per hour squared chart
This last hour was running at 3 points in one hour - a healthy rate - Gann 45 degree angle
11:51 stop 37.5 - now the move is starting to attract a following
11:40 to try to hold all day takes about a 5 point trailing stop - in this case 36.75 right now-leaving mine at 37
11:36 if you look at the magenta XTide on the bottom of the Chaos Clinic screen, you see the swings are bigger
after 13:00 - so that secong buying push should bring increased volatility
11:26 I expect a second round of buying near the 13:26 Tide turn - I may carry this trade through that turn
and add there, just to demonstrate something a little different
11:22 a CTME tool estimates the high of the Fractal at 1548.5 - the Sun price
11:14 if you look at the Wheel of Fortune, you see the Moon squaring Mercury at 1552 -the Fed cut high
11:08 I was pretty sure that we had started a 6 hour up fractal, so I was motivated to hang tough
11:01 sometimes trading is just about survival - in a congestion one may need a 3 point stop to survive
I used a technique of making my entry 2.5 above the prior low to survive a test of the low
10:53 looking better - buying coming in near 11:00 - something I learned from my Franklin study
10:39 looks bad but stop held and got bottom wick on 3 minute candle
10:34 stuck in the congestion
10:22 I expect buying pressure to come in near 11:00
10:17 that low came exactly at 10:00 - the 3 hour 8th harmonic from the Sun at 13:00 - looks like 6 hour up fractal
10:13 hook and go - bought 40 stop 37
10:06 aborted -1.5 -no go
9:59 no, got a 20/110 sell crossing - sold 38 stop 41
9:54 may get a continuation buy here
9:41 MoonTides suggest we could see a 4 hour congestion here
9:39 bounced off the 110 EXMA - move has now gone flat
9:32 stuck on Saturn flux - 110 EXMA coming up to provide support
9:26 the trend is up, but the move is stalled - the only opening trade I see is a break of the highs
I use a break of one point as an entry
9:21 preopen low was on Moon T+180 timeline - then ran up to Moon flux pair at 1543.5
9:01 Bullish Mood today - equinox on weekend sets price at either 1548 or 1512-probaly 1548, so should see it today
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
9/21/2007 11:58:32 AM Mountain zzz:: ok, out of the dullness at least for a bit now
9/21/2007 11:48:50 AM Mountain zzz:: somebody give Crazy Harry the defib machine, he's on some major flatlining. this qualifies as triple zzz last 3 hours, hope it will be worth the wait.
9/21/2007 11:01:11 AM Mountain Al:: my software picked it - backs off any Tide turn befor the outcry open to 9:31
9/21/2007 8:03:59 AM Mountain Pete:: Al, list is a 9:30 trade time. How did you get this time?
9/21/2007 6:35:36 AM Mountain Al:: GM all - good luck today
9/21/2007 5:14:08 AM Mountain mm:: gm all - happy trading
9:00 Eastern-System: No comments
[ Live Clinics on Friday on DaytradingForecasts.com ]