Yes You Can... Cash In On Chaos!

Chaos Clinic Recap




Here are Al's comments
2:35 stopped out at 1211-nice try but lot of time for little money-I'd done-thanks for coming-see you next week-take a course
2:23 coming to the Mars timeline-could streak up it
2:20 stop looks good-110 is up to 1211.50 and last bottom wick was on the 1212 3 point quantum
2:08 the trick here is not to hurry my stop
2:02 notice on the MTRainbow chart how the EXMAs converged, then diverged
1:57 stop to 1211
1:54 at this point this is a free trade-green +Tide is up to the close, so I will just try to hold it
1:48 the lows were supported by the Sun +H090 flux
1:45 little streak up the Mercury timeline
1:41 so far held by one tick - MM is about to claim I'm lucky :)
I am-I have Jupiter on my accendant
1:31 now I need for my stop to survive
1:23 I have found that if I sit and stare at the screen, I make things up, and don't see the trade setups well
nothing like a walk in the park on a beautiful day to clear one's head
1:20 by being careful and patient and getting off the computer I found a second trade
1:18 stop to 1110
1:12 stop to 1109
1:10 the "Two Moon Day" pattern is sometimes Moon-Noon-Moon, so I was watching to see what happened near soalr Noon-1:00
1:05 OK, some juice!
1:04 the 110 has turned up
1:02 on Sun/Saturn flux at their timelines-not accidental
12:51 coming to the Sun/Saturn timelines near 13:00; support was on the Pluto +P000 flux
12:47 got a 20/110 buy, so buying 1209.75 stop 1206
12:43 the real question is whether or not we will see any decent volume, or have all the big guys heqaded for the Hamptons already?
12:41 my trade selection software looks at the MoonTide forecast and picks the most signigicant turns as Tide Times.
It did not pick the two smaller turns in the forecast
12:35 I don't use volume much, but today I see that during this decline, the volume has had a smooth decline. So
a jump up in volume on my 15 minute chart would bear watching
12:29 slope of 110 EXMA matches the slope of the green +Tide. It has a minor upturn about 12:28
12:27 now Scout and Scamp are happy - see 110 still down converging on 440 coming up
12:05 I'm going to take another break and take my dogs to the park
12:03 on the MTRainbow chart, the 440 EXMA is still up, and the 110 EXMA is down, converging sometime later today
12:01 I have placed a Face of God 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.
11:43 on my 24 hour 15 minute bar chart, it looks like this is a move 4 in an up Chaos Clamshell. So a move 5 rally
could happen later in the day
11:41 that is the one hotline trade for today-I'll hang around for a while to see if there is another trade
11:35 OK, I'm back - was stopped out for -2.5
11:15 stop is in-taking a breakfast break
11:05 stop to 1209
11:02 I pressed a bit because of the higher lows on the 3 minute candles-I wanted an entry that I could defend with no more than a 4 point stop
10:59 OK, jumping; bought 1211.5 stop 1208
10:55 looking like it's getting ready to rally
10:51 still watching
10:48 trading back on the 110 EXMA- need to see 1213.5 for me to buy
10:45 this is "sagging to a low"
10:37 holding up, low of 1208.75 means I can put a stop at 1208 if I buy
10:27 still just watching -could get a head fake 20/110 sell, but I won't take it because trend is up
10:22 I'm just waiting-since the 440 EXMA is up, the trend is up, so I only want to buy
10:17 broke the Mercury support-next lower is Sun/Saturn near 1210 - dipping into Tide time
10:12 resistance at the mars +R180 flux line- need to break above it, say 1215.5 or so, for a buy entry
10:09 watching for a continuation buy setup. Stop can go at 1210.5 , under the 110 EXMA
10:08 support on the Mercury +M090 electric field flux
10:04 coming into the trade window. The 110 EXMA is up to about 1211
10:01 Consumer sentiment was down a bit, but no big deal
9:57 hex wheel set by Sun/Saturn, Node, and square of Moon
9:55 Consumer Sentiment report due now
9:44 getting a hex pattern alert, but the chart for it has not come up yet-technocrap problem
9:40 still some buying pressure; too far away from the 110 EXMA for a day trade buy right now
9:24 Look at the MTRainbow chart. Yesterday the market was declining, then found support on the green 1760 minute (4 day) EXMA
then near 13:00, the EXMA's started diverging. I entered a position trade near 1189, covered 1/3 late in the day
and held 2/3 over when I saw the curl up in the white 440 EXMA. Later we little people found out about the Goggle profits. I just read my charts.
9:16 this looks like a runaway up day - on a gap up day like this, there is often a pullback into about 11:00, so
hopefully we will get a decent trade setup near our trade time.
8:47 positive retail sales report and beter than expected Google profits has market up early
Only one trade today near 10:50
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


10/14/2011 12:36:39 PM MT AG:: It's not delayed as right up into October 21 it matches my data to the tee. I've gone back to the original e-mail containing the data and doubled checked and keep finding that Oct. 21 - 26 is different.
10/14/2011 12:01:54 PM MT TG****:: The XGO chart is delayed 3 days on this site, says so under the chart.
10/14/2011 9:48:29 AM MT Al****:: yes, it is just the normal forecast
10/14/2011 9:46:21 AM MT mm****:: Al - the 110 curled down at 10:12 and the 440 obviously reacts much slower and is still up - what should one go by?
10/14/2011 7:40:44 AM MT AG:: Yes, I know that. Doesn't your XGO forecast under the ListOfCharts show just the raw data (without reflecting inversions)? My raw data in Excel does not show the move down you show in the ListOfChgarts.
10/14/2011 7:33:42 AM MT Al****:: keep in mind XGO can and does invert
10/14/2011 7:23:45 AM MT AG:: Dr. Larson, your XGO forecast shows a dro Oct 21 - 26. However, my data suggests a continued move up. Is there a reason for the difference?
10/14/2011 5:14:16 AM MT Al****:: GM all-good luck today
10/14/2011 4:52:09 AM MT mm****:: gm all - have a great day

9:00 Eastern-System: No comments


Home Up

[ Live Clinics on Friday on DaytradingForecasts.com ]