Chaos Clinic Recap
Here are Al's comments
2:29 I'm done for the day-thanks for coming-screens will run-see you next week-take a course-learn to earn
2:25 stopped 1186 +1.75 - tried to hard to talk it higher
2:14 note the 110 EXMA's and the upper/lower band lines are running parallel to the diagonal white grid
That means the average price is being carried by the rotating earth-says to hold to close
2:06 low on Saturn timeline, streak up Neptune -this is real Market AstroPhysics in action
2:00 average speed of rally is 4.5 points/hour - IF it continues, should see 1197
1:57 going through the Saturn/Mercury/Neptune/Mars timelines-congestion zone
1:54 support on T+090 flux-my stop is still OK
1:34 I've found that if you just want to ride a good move, that a 5 point trailing stop works recently
Interactive Brokers has a server based trailing stop for the Emini-makes it convenient
1:33 stop 1186 - will suspend the cover at +9 and just ride it, given we have been getting hugh moves
1:31 that dip was right on the Tide turn-tracking green +Tide-up to close-will try to hold for +9
1:24 still OK - fast moves come from harmony-they tend to find support/resistance at the 3 point price quantums
1:04 I'm going to move the stop a bit slower -set to 1184.25 and try to hold this
12:58 stop 1183.25 - trailing by 3 points
12:54 this Tide turn came a bit early-up for rest of day-this fast move is shown in the Certified Chaos Trader chart I posted
12:52 bought 1184.25 stop 1181.25
12:51 may get elected long
12:38 getting close to Tide turn-just in case we get a breakout, placing a buy stop at 1184.25
12:29 buying getting stronger. Meanwhile, the AUX chart Tide2Plus forecast the high for the Euro to be 10:00-it tanked from there
12:24 longer term traders will be looking back to the low of the 13th, and see it has held all week
to them, that is bullish.
12:14 bounced sharply off the lower band - so buyers are coming in - next swing low should be end of down fracal
12:09 low near Moon T+045 flux and Neptune price at 1179 - now have a 9 point normal day range
12:01 low on the Node timeline
11:46 from the high, can see 5 swings-down Chaos Clamshll will have 7, ending about time of next Tide turn
11:37 Certified Chaos Traders: I just posted a chart in your chart room
11:26 I'm back - didn't miss much- second low was higher for a slight up bias
11:08 looks like a trading range day-I have to run an errand-back in 30 min.
11:03 we've gone from one day up, one day down, to one hour up, one hour down
10:59 my clue to abort there was that prices did not hold above that 1185 gride crossing
looked like on red -Tide, now inverted to green +Tide
10:42 aborted -1 -no juice
10:38 right at the grid crossing - if doesn't move soon, I'll cover
10:31 note that throughout this buzz, the 110 EXMA continued up, and the 20 stayed above it
10:25 coming to the crossing in the diagonal yellow MoonTide Harmonic grid
if hold above crossing, bullish
10:23 stop 83 -trying to be patient
10:18 coming up on the vertical Moon and Pluto timelines
10:14 now moving again-thrust, pullback pattern attracted buyers
10:07 stop still OK-this action is "buzz" - cannot over react to it
9:55 rebought 85.5 stop 82.5
9:52 here the 110 EXMA is up, and the 20 is holding above it-bullish
9:51 swings of 8.5 and 5.5 points make trades hard to manage
9:49 pretty choppy so far-I jumped early. If the rally resumes I may rebuy
9:46 aborted -2.5
9:36 bought 1187 stop 84
9:31 opening with a run up to Moon/Pluto flux
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
10/21/2005 12:15:52 PM Mountain mjs:: Tarzan Trading per Monkey trader. Bananas Bananas
10/21/2005 11:16:22 AM Mountain mjs:: Dr Al Monkey Trader says that's the way to Tarzan Swing. You just hold onto the vile and float back an forth with your monkey arm out and pretty soon you will catch a good vine and off you go to the next bananna tree.
10/21/2005 11:12:52 AM Mountain mjs:: There is a pretty large community of scientist who say the universe is 10 deminisions. Some say we can only go to the other 6 deminisions in our brains or really our consciousness which really isn't a physical part of our bodies/brains but the energy force inter action facilitied by the electrical wiring of our heads. But you have to admit 6 more deminisions is a lot of room to move around in.
10/21/2005 11:04:14 AM Mountain mm:: Agreed
10/21/2005 10:54:02 AM Mountain mjs:: Hey MM. No not a member of IONS. But I can tell you many stranger than fictions stories that have happened to people I have run into like that. There are many in Central and South America who have not been "culturalized" by our rational society to disregard the coincidence and deja vu aspects of time and space. So they know and see spirits etc. which many now think may be electro magnetic signitures of past, present and future.
10/21/2005 10:45:57 AM Mountain Ben:: Al, did you place the buy stop at 1184.25 because it is 1 point above the 55 min donchian channel?
10/21/2005 9:46:12 AM Mountain mm:: mjs - I was impressed by your story last Friday of yoyur 1969 experience in Nam - do you happen to be a member of IONS?
10/21/2005 9:15:11 AM Mountain mjs:: The solar wind had a spike similiar to the SP in the last 2 hrs. Check it out.
10/21/2005 8:19:28 AM Mountain mjs:: The Monkey Cheerleaderes have banana pomp pomp Al. But they generally come out around Fed Rate Change days. Monkey Trader says this is Tarzan Trading - you know swinging on vines in the old hand over hand to the next vine - real easy to lose your grip and crash to the jungle floor.
10/21/2005 8:09:36 AM Mountain Ben:: Trying to trade this thing is like riding a bucking bronco. Hey mjs, you got your spurs on?
10/21/2005 7:59:51 AM Mountain Al:: mjs: do you have pomp pomps?
10/21/2005 7:55:49 AM Mountain mjs:: CIOC Fight Song: Go Red Go Green Turn on Tides Yea Chaos Go GO Go
9:00 Eastern-System: No comments
[ Live Clinics on Friday on DaytradingForecasts.com ]