Yes You Can... Cash In On Chaos!

Chaos Clinic Recap

Here are Al's comments
2:05 OK, I'm out; done for the day; thanks for coming; see you next week; take a course
2:03 I don't normally sit on a trade like this; today I'm bored
1:48 on the TideTracker chart the SwingLine is turning up a bit ; TideTracker looks like it could turn up
1:41 my rebuy is not looking very smart; but I set a stop and I'm sticking to it
1:37 TideTracker suggest the green +Tide shifted right
1:27 updated my FOP chart in the CCT Room
1:20 rebought 1249.5 stop 1247 ; decided my stop was too close
1:15 OK, out for -3; -1 for day
1:12 stuck in the mud-nothing to do but wait
1:07 stop to 1248
1:02 on the MTRainbow chart the 440 and 110 EXMAs are curling up; TideTracker is also turning up
12:57 part of pressing my entry there was the 20 EXMA crossing the 55 EXMA
12:55 posted a Face of God chart in the CCT Room
12:49 bought 1251 stop 1247; changed my buy stop to a market order and jumped
12:48 getting some buying
12:46 placing a buy stop at 1252, above last minor highs
12:40 waiting
12:31 the XTide2 forecast is up, matching the green +Tide; so I'm watching for a buy setup
12:27 just passed the Sun, Moon, Node, Mars, and Mercury timelines
12:24 on the TideTracker chart, the SwingLine has turned up, and TideTracker line looks to be turning up
12:20 have 3 minor low spikes, each higher; bullish
12:15 on the MTRainbow chart trade is now on the white 440 minute EXMA
12:10 I'm back-looks like tracking green +Tide going into trade time
11:08 next trade time is a ways off-I'm going to take a break until we get close to it
10:57 today it may just mean we hold up ; may rally later
10:53 this is a gap up day-often means one can buy a low near 11:00
10:50 I don't have any hard and fast rules for trading the MoonTideTracker, but that is one example.
10:39 stopped out for +2 ; note that the SwingLine turned down
10:35 stop still OK
10:32 watching for any down turn in the SwingLine
10:27 my 5 point cover is 1260.25
10:25 stop to 1257.25-lock 2
10:22 stop to 1257
10:19 stop to 1256, just under the SwingLine
10:16 stop to 1255.5-lock a tick
10:15 yesterday we got a similar move near this time, but it turned down quickly. The swingline showed this
10:13 better-stop to 1254
10:12 not a lot of juice-stop to 1253
10:00 I am also watching the new TideTracker chart-the SwingLine turned up while the TideTracker kept going up, suggesting tracking red -Tide
10:00 there is no hotline trade here, but I like where it is in my fractal pattern. Buying 1255.25 stop 1251
9:53 have a hex pattern detected ; set by price,Neptune,Chiron, Saturn,Jupiter; for more see the tutorial on Hex Wheels, right side of ListOfCharts page
9:50 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 -> Courses for details.
9:46 what I do early in the day is try to fit a Fractal of Pi onto a two day chart. I'll post one to the CCT Room when I get one
9:41 meanwhile, there is a new chart on the site S&P Tide Tracker, linked on left side of ListOfCharts page near top
9:38 there is a Tide turn about here, but my trade picking software missed it-I won't second guess it
but it could be a bug- so not much trading to do until after noon.
9:31 opening up-good jobs report obviously leaked out-one trade today 12:51
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

12/2/2011 11:53:11 AM MT Al****:: probably
12/2/2011 11:44:28 AM MT BBB****:: So I am guessing you were more apt to trade long on the FOP and the tide tracker. But when stepping back and looking at the long, with the 110 so decisively down on 1m and 3m charts, would it have been more prudent to wait for a confirmed turn on EMAs?
12/2/2011 9:25:38 AM MT AG:: Price tracking -XTide2Plus extremely well.
12/2/2011 9:07:51 AM MT Al****:: Thank you
12/2/2011 8:42:13 AM MT BBB****:: Nice trade Al.
12/2/2011 7:37:36 AM MT BBB****:: Morning, good luck today.
12/2/2011 6:24:24 AM MT Al****:: GM all-good luck today
TG-there certainly is a Tide Time near 9:30 EST-I'll have to look into why my software missed it - it should not have done so
12/2/2011 4:57:39 AM MT mm****:: gm all - have a great day
12/2/2011 4:24:50 AM MT Tg****:: Hi Al, sometimes I love your software algorithm for choosing the tidetimes and sometimes it leaves me scratching my head wondering what's going on. Today for instance looks like an overnight tide time near 6:15 AM EST and clearly one in the afternoon at 12:51 EST but in between those two there certainly appears to be one between 9:40 and 10:40 AM EST. Do you think that turn was simply to broad a turn for the algorithm to choose a good morning tide time?

9:00 Eastern-System: No comments

Home Up

[ Live Clinics on Friday on ]