Chaos Clinic Recap
Here are Al's comments
2:28 I'm done. Thanks for coming. See you next week. Take a course. Markets are Chaotic,
and can be traded well if you understand how chaos works in markets.
2:26 I'm not going to press my luck-it has been a long day and a long month
2:19 out +9 ; got one trade going into the Tide turn; may get another coming out
-looks like rolling over ; 975 Vendus set the high
2:13 I can't really move my stop until we make new highs, probably after 2:30
2:08 got a continuation buy at 975 exactly at Trade time-had I not been long I would have taken it
2:04 this pullback is move 6 in today's up Chaos clamshell; stop is in the right place
2:00 stop still OK-just be patient
1:42 made it to the Venus+0 flux -hot because of the applying conjunction by the Moon; stop to 970; locks 9
1:35 had I waited to be in the normal trade window, I would have committed at about 964 due to the speed of movement
1:30 now I will just use the GO BIG technique, trailing my stop at the 110 minuet EXMA, and covering at 4:00 Eastern.
Stop to 963
1:21 now I can put a stop at 961 , just under the 110 EXMA and enjoy the ride
1:16 with this Wheel of 360 scale, a common daily move of 90 degrees is 90 points. On the wheel of 72,
which worked for years, it was only 18
1:09 on the MTRainbow chart you can see the move gaining momentum; first low penetrated the 440 minute EXMA,
second stopped on it, third stopped on the 220 EXMA
1:06 looking at just today's prices, I see a 1-2-3-4 M as in Money pattern, which is almost always a good buy setup
1:04 my research suggested a good rally this afternoon, so I'm carefull about not getting left out of it
12:59 part of my read is based on a private chart I use created using the techniques taught in Chaos Trading Made Easy
12:53 I'm rebuying here at 961 - not a hotline trade, just a read of the conditons looking increasingly bullish
12:46 the 110 minute EXMA is flat, the 440 is up, so we have a mildly bullish condition
12:35 on the MTRainbow chart we have an up Chaos Clamshell in a move 6; a Fractal Grid from
CTME placed on that chart suggests we hold up to the close
12:20 on the Chaos Clinic chart rallied up diagonal white line, then down one
watch for rally up next up one
12:08 looks like the lunch time lull
12:00 from the low we have 3 moves of an up Chaos Clamshell-now entering move 4, probably choppy
11:55 covered 965 for +10 ; double top on the Moon flux; seem to be on green +Tide
11:52 rally was stopped buy Moon -T255 flux; coming to Mercury timeline; watch for it to be hot
11:45 stop 959.5 ; TG in chat room took 9, which may have been wiser
11:40 broke yesterday's highs-that triggers some breakout trading systems; stop 959
11:38 stop to 958
11:33 testing yesterday's highs; stop 957
11:31 the hex pattern has sides of 60 points on this scale, so the next corner is 949+60 =1006; stop 956
11:20 moving stop to 955 - I like the way this took off so I will try to ride it for max
using 55 minute EXMA for stop; this technique goes beyond the hotline rules
11:16 that last low was on the Mercury Moon 45 degree cycle point , providing the juice
11:09 bought 955 stop 949
11:06 have a 20/110 buy crossing, but waiting a bit because trading both sides of 110
11:05 in the second trade window, getting some buying
10:52 what destailizes a hex is something hitting the midpoint of a side - like X or A near 200 degrees
10:49 that RSJU hex found again-see Wheel of Fortune-stabilizes prices for a while, then get moves along the sides of the hex to hex corners
10:44 now holding on the Mars/Neptune flux pair ; their timelines are near the third trade time
10:38 so far we have a market trying to go up, but not able to get up a head of steam yet
10:36 out flat again-did not like the weakness
10:31 I like that on that dip, the 20 minute EXMA turned back up and prices did not touch the 55 minue EXMA
10:29 little dip as pass the Pluto timeline-vertical while line labelled P
10:16 have resistance overhead between 965 and 970 due to the T+000 and -T000 Moon flux ; should reach them
10:13 9 point cover is 62- may hold past it a bit to 65 ; stop to 50
10:10 stop to 49, just under the 110
10:04 pressing a bit using the 15/20 to buy 953 stop 947
10:00 now running up on green +Tide
9:54 945 Chiron/Node flux looks like support
9:50 aborting again for 0 - not moving well
9:48 stop 49
9:44 resold 46 stop 50
9:41 early trades are hard because often get head fakes
9:38 aborting -2.5; don't like it; it came back up off the 440
9:35 sold 946 stop 950 on 20/110 sell crossing
9:33 dip to the 440 EXMA -probable support
9:31 outcry session now open-still not much juice
9:25 110 EXMA has gone flat at 50% of yesterday's late rally
9:22 MTRainbow chart shows slow uptrend
9:20 first trade time is on the outcry open -have a 20/110 buy crossing, so will be watching for a rally to join
8:33 Hex pattern of Saturn-Mars/Price=949 -Jupiter-Uranus found-tends to stabilize prices
8:00 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
10/31/2008 2:01:47 PM Mountain TG:: nice 4:00 close for monthly statement repair.
10/31/2008 1:46:10 PM Mountain Al:: love the way that fractal ended on the Moon timeline
10/31/2008 1:43:26 PM Mountain Al:: like Saturn/Uranus-white hot timeline
10/31/2008 1:33:21 PM Mountain TG:: Of course, bigger cycles/fractals could just crush it.
10/31/2008 1:31:55 PM Mountain Al:: this is the beans spilling out of the can ripped open by the can opener
10/31/2008 1:22:48 PM Mountain TG:: fractal got fractured through the llc. Still wouldn't be surprised to see it complete late and complicated, otherwise Monday morning. Best guess would be in the 94-96 area.
10/31/2008 1:19:57 PM Mountain Al:: that blade can cut you wide open :)
10/31/2008 1:18:28 PM Mountain TG:: Now, I see the can opener.
10/31/2008 1:15:21 PM Mountain Al:: try the aux page now
10/31/2008 1:07:23 PM Mountain TG:: Al, nothing in Aux chart but a little white and red x box.
10/31/2008 1:05:36 PM Mountain TG:: acetd, if you get an e-mail address to me I'll send you my .xls worksheet with the square of 9 I use. Maybe you can figure out why our #s aren't matching up.
10/31/2008 1:02:09 PM Mountain TG:: thanks Al. my FOP chart says 96.5 is doable.
10/31/2008 12:59:46 PM Mountain Al:: jut put XGO chart on AUx page-note round nature of last few days-looks like a Can Opener
10/31/2008 12:58:19 PM Mountain Al:: I'm still here TG, just for moral support :)
10/31/2008 12:57:00 PM Mountain TG:: OK, it's been a great month, I'm up 4.5 today so want to go out on a winning note. I'll lock in .25 pt and try to hold to the close.
10/31/2008 12:56:18 PM Mountain acetd:: im here but did not enter here
10/31/2008 12:55:18 PM Mountain TG:: trade is about to go chaotic up
10/31/2008 12:52:47 PM Mountain TG:: anyone out there. tired of talking to myself ;-)
10/31/2008 12:50:05 PM Mountain TG:: long 73.5
10/31/2008 12:37:13 PM Mountain TG:: good enough, placing a buy limit at 73.50
10/31/2008 12:34:42 PM Mountain TG:: I'd like to see at least 5 obvious mini moves down from the high to have confidence move 6 is done.
10/31/2008 12:22:43 PM Mountain TG:: I have a good FOP fit for an 8 hour up fractal starting from yesterday's late afternoon low. This is appears to be a move 6 low coming up here.
10/31/2008 10:33:48 AM Mountain TG:: oh well, 2 stps forward and 1 back.
10/31/2008 10:22:11 AM Mountain TG:: stop to 56.75
10/31/2008 10:09:51 AM Mountain TG:: out for 0, rebought 61.25, hopefully a natural time low here.
10/31/2008 9:55:33 AM Mountain TG:: stop 60.25
10/31/2008 9:53:34 AM Mountain TG:: will go to breakeven pretty quickly if retests the high.
10/31/2008 9:51:20 AM Mountain TG:: pushing my luck though and rebout at the 55 exma, long again from 60.25.
10/31/2008 9:36:09 AM Mountain Al:: nice trade TG
10/31/2008 9:33:00 AM Mountain TG:: out at 61.25 for +9. May rebuy again if can get a good entry near 55 exma.
10/31/2008 8:05:26 AM Mountain TG:: bought 52.25
10/31/2008 6:30:09 AM Mountain Al:: GM all-good luck today
10/31/2008 5:35:01 AM Mountain mm:: gm all - have a great day
9:00 Eastern-System: No comments
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