Chaos Clinic Recap
Here are Al's comments
2:53 posted a final FOP chart in the CCT Room
2:46 I'm done for the day. Thanks for coming. Take a course. See you next week
2:44 aborted for -3; not working
2:33 rally stopped at 1161, so still in; not overly impressed so far
2:26 here watching to see if the 20 EXMA stays below the 110
2:12 the MTRainbow chart looks like a kid's scribbling
2:04 sold 1157.75 stop 1162
1:53 I don't think there is much downside potentila, since the 440 EXMA is still up. I'll wait a bit before doing anything more
1:49 early entry got stopped out for -2
1:43 looks like I could have waited for my entry
1:21 right here i like that the 110 EXMA is steadily up
1:16 the 1152 prices was set by yesterday's New Moon. Making lows on it today means it waa support; bullish longer term
1:11 still quiet in an uptrend
1:01 stop to 1159, just under the 110 EXMA
12:49 stop 1158.5
12:44 coming into the trade window. Bought 1061 stop 1058
12:39 posted a Fractal Grid chart in the Certified Chaos Trader's chat room. That Room is open to
those who have taken my 4 main courses. See http://moneytide.com ->Courses for more
12:30 it has gotten very quiet; nothing to do until next trade time
12:21 holding up pretty good; probably hold up into the close now
12:01 looks like following the red -Tide; rally stalling
11:48 the outcry session range is basically 9 points from 1152 to 1161. We may stay within it for the rest of the day.
11:44 so far today's high and low are lower than yesterday's on the 24 hour chart
11:32 Up to the Mars/Venus +R180, +V180 flux lines
11:23 Systems that have two or more competing solutins are chaotic.
Markets always have the bull and the bear solution , so they are chaotic.
So there are oftenb two competing Fractal of Pis
11:09 prices got attracted back to the Moon +T180 electric field flux line; see SPSunMoonMer chart
11:02 stopped for -2 ; OK; nothing ventured, nothing gained
10:49 glad I moved my stop; moving my target back to 1149
10:39 Once can just subscribe to the hotline, and use thbe methodology taught in the Trading The MoonTides turorial.
But one will do better by taking at least the Cash In On Chaos and the Fractal of Pi courses.
10:38 backing stop off to 1157
10:36 I sold 1155. So stop is at break even.
10:28 stop to 1155, target to 1146
10:25 trade looks OK so far
10:19 my program that picks which MoonTide turns to trade did not select the 11:06 Tide time.
Maybe it should have.
10:09 1157.5 -9 = 1148.5; my cover target is 1149
On the MTRainbow chart the lowest EXMA is 1148.80. It set yesterday's low
10:00 I think a 9 point range is about all we will get today.
9:48 little double top and lower highs attracted selling-right where my fractal suggested.
9:45 lots of high frequency noise today.
9:36 based on that pattern, I sold 1155 stop 1158. This is not a hotline trade, but a Fractal Of Pi trade.
9:32 Outcry session is open. I have a Fractal of Pi suggesting a decline into mid day.
9:16 on the MTRainbow chart, the longer term EXMAs are flat. This means not a lot of follow through on shorter moves.
9:02 wild gyrations with the Employment Situtation Report ; only one trade today near 1:24
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
10/8/2010 12:11:09 PM MT Al****:: yes there were-but they made a pretty ugly fractal
10/8/2010 11:16:18 AM MT awe:: seven waves up now from the early AM lows?
10/8/2010 10:36:17 AM MT RAH:: The timing in your email for today was 13:24 (+/- 1 hour?). Its maybe 1 hour before 13:24 now. I'm wondering whether we've seen the action already, perhaps earlier than expected?
10/8/2010 9:16:06 AM MT mm****:: the Moon Tides predicted the 11:06 AM CIT to the minute !
10/8/2010 8:41:24 AM MT RAH:: I saw & heard new chat msg alerts, but I see no new msgs here (apart from my own).
10/8/2010 8:29:25 AM MT RAH:: S&P dropping as you suggested, but its not midday (US) yet. You ordered short entry @ 1155 right?
10/8/2010 8:27:32 AM MT RAH:: Al, to learn your system, what route do you suggest: Read all free material, take your first course, learn all before trading, trade with simple chart first, then later use SP1Day?
10/8/2010 6:10:58 AM MT Al****:: GM all-good luck today
10/8/2010 5:01:13 AM MT mm****:: gm all - have a great day
9:00 Eastern-System: No comments
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