Chaos Clinic Recap
Here are Al's comments
1:27 That's my planned trades for the day-I'm done. Thanks for coming. See you next week. Take a course.
1:23 covered for +3 ; stalled
1:20 still OK
1:11 stop 1150
1:08 stop 1150.5 ; 9 point cover is 1142.5
1:07 stop 1151
1:05 stop 1151.25-just above the 50 minute EXMA
1:03 stop 1152.5
12:58 stop 1153.5
12:51 stop 1154.5
12:45 so far so good
12:30 today's chop has been terrible
12:26 this is move 5 down from the high
12:23 this is a trade going into the 13:01 trade time
12:21 continuation sell -selling 1151.5 stop 1156
12:15 I'm back-see a low on 12:01 Tide time
11:50 taking a breakfast break
11:33 probably pressed my stop too hard, but did not like it hanging around the 440 EXMA
11:30 out for 0
11:20 stop 1158.5-below 440 EXMA, which is turning down
11:16 stop 1159
11:14 stop 1160
11:12 reconsidered-sold 1158.5 stop 1161
11:00 looking weak-but I took muy shot so just watching
10:48 trading both side of 110- a congestion - stay out
10:42 flow on MTRainbow chart is still up; just not much juice
10:37 stuck in the mud
10:35 stopped for -3
10:31 stop to 1162
10:24 stop 1161
10:18 buy setup -bought 1165; stop 1160 for now
10:16 I have placed a Fractal of Pi chart in the Certified Chaos Trader's Room. That room is open
to graduates of my 4 main courses. See http://moneytide.com -> Courses for details.
10:10 on a two day chart, this looks to be move 4 of 7 in and up Chaos Clamshell of yesterday's low
10:03 enough buying to turn the 110 EXMA flat
9:55 had a 20/110 sell crossing but in this case I want to wait to see how we come out of the trade time
9:49 on the MTRainbow dhart, the white 440 minute EXMA is up, so trend is up.
9:45 pulling back from the pop up-trade times today are 10:37 and 13:01
8:47 nice pop on tht First Friday Employment report-all driven by super fast computers colocated at
8:30 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
10/7/2011 1:42:57 PM MT Al****:: type them-correct that typo
10/7/2011 11:26:01 AM MT mm****:: Al - do you type in the time of your comments - or does the computer does it? - 1:40 is not right
10/7/2011 11:19:15 AM MT mm****:: How lucky can you get - ONE tick !
10/7/2011 11:13:54 AM MT kwb:: GSPC index actually held up pretty well on this selloff in S&Ps....no new lows since 12:26....
10/7/2011 11:06:16 AM MT JMV****:: No prob... I think the news of the downgrade may have been leaked so some big player/s as the market tanked before anything was announced, and then after a few minutes we sold off properly... Just speculation though...
10/7/2011 10:57:32 AM MT kwb:: jmv, thnx for the info, tho looks like some of that was done earlier today.....
10/7/2011 10:43:25 AM MT JMV****:: kwb, markets tanked because Italy and Spain got downgraded by Fitch.
10/7/2011 10:41:16 AM MT kwb:: hi all, don't know if coincidence, but yahoo reported that a train derailed in ill. that was carrying ethanol..looks like 5-6 exploded...right before mkt tanked....wonder if related?....
10/7/2011 10:41:03 AM MT bbb:: 20 and 440 have not touched in some time
10/7/2011 10:28:07 AM MT AG:: It almost begs the question whether markets are deterministic. I presume, Dr. Larson, that you think not - that they are purely chaotic - but there is a level of accuracy that changes the entire trading paradigm. OK, that sounds too fancy but you know what I mean ;)
10/7/2011 10:07:12 AM MT mm****:: Today is the worst chop I have seen in recent days - how the MT prediced the jerk at 12:01 is just awesome - now we have a triple bottom
10/7/2011 6:58:21 AM MT srj****:: Wow AL - the Hex Wheel $ call was amazing - I have a question but not sure if I should post it here or in the CCT chat.
10/7/2011 6:38:18 AM MT EOE:: GM everyone. its a beautiful sunny fall morning here. good luck.
10/7/2011 6:17:02 AM MT Al****:: GM all-good luck today
10/7/2011 5:37:02 AM MT srj****:: gm mm, all. Sunny 37F and cold north of Boston.
10/7/2011 5:06:20 AM MT mm****:: gm all - have a great day
9:00 Eastern-System: No comments
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