Yes You Can... Cash In On Chaos!

Chaos Clinic Recap




Here are Al's comments
3:38 I'm done. Thanks for coming. See you next week. Take a course.
3:37 covered for +1.5 ; don't like it
3:34 stop 1071; break even
3:30 stop 1072
3:26 stop to 1073
3:13 feel good right here; if stopped, still a winning day; and trade has potential
3:10 posted another FOG chart in CCT Room
3:01 stop to 1074
2:57 elected short 1071, stop at 1075 2:53 attracted to that V,J,H,J,N flux cluster
2:46 have a lower high, double top on 2 day chart-may attract programmed selling
2:40 placing sell stop at 1071-this in a technique form Chaos Trading Made Easy course
2:36 my 2 day FOP has fractured. Posted a 1 Day FOP to the CCT Room
2:28 the two day pattern is right out of the Face of God course; expect top here; probably will not give
a hotline style trade setup
2:26 there was a decent trade here, but I did not go with it. If I had, I would be covering now
2:24 marginal new high
2:22 testing the high of the day;
2:16 up to the Sun +H000 flux; watching for a stall here
2:13 I don't like the long side here because of the fast failure of the last rally
2:11 big boys having their way
2:02 on the MTRainbow chart, the EXMA's are pinched, and the white 440 is flat; trendless right now
2:00 right in here the MoonTides are fairly flat, but show faster movement in the last hour
1:58 current attractor is the Moon, Mercury, Mars flux bundle
1:50 Prices topped near the 330 corner of the hex pattern detected earlier.
Near that corner are 5 planets-Sun, Venus, Jupiter, Neptune, and Chiron-strong attractor/repellor
1:44 updated my Fractal of Pi chart in CCT Room
1:40 but my down fractal shows the potential for a late drop, hence my stop
1:36 I think at this point in the day, the big boys would be satisfied to just hold it up into the close
1:32 I'm back-placing sell stop at 1064.5
Rally failed as per my original Fractal of Pi
12:26 next trade time is 2:19. I'm going to take a break until about 1:40
12:22 my Face Of God pattern warned me that volatility might increase soon. I had a sell stop in, but added a buy stop
in case the market broke up. Then once I caught the chaos, I took my money and ran.
12:19 one of the keys to making money is to take profits at a target. Since this entry was late in a rally, 5 was my target
12:17 out +5
12:13 will take 5 if get it; stop 1068
12:11 up to Moon +T000 flux; stop 1067
12:09 rally has moved above 440 EXMA and it has turned up; bullish for this trade
12:05 elected long 1069 -moving sell stop to 1066
11:58 coming into an energy center in about 20 minutes; volatility should increase after passing it
placing buy stop at 1069
11:52 looks like 20/110 EXMA "hook and go" setting up; looks like on green +Tide
11:45 coming to Sun timeline at 12:00
11:33 bit early but placing sell stop 1064; 1 even point under the 110 EXMA
11:30 did get a 20/110 EXMA crossing, but looks like a bad signal; watching for a "hook and go"
11:27 cancelling sell stop; passing on first trade
11:22 higher low attracted buying; watch for top on 440 EXMA
11:17 updated my FOG chart in CCT room with a simpler one; easier to think abour
11:13 today qualifies as a gap down day; often get a rally into 11:00, then more selling
Today rally may last longer
11:05 looking weak; placing sell stop at 1061.75 , .5 under minor low
11:01 small streak down the Moon timeline-still congesting
10:53 the early drop was about 12 points. Divide that by 3 gives about 4 hours; This is the time estimate
for how long it will take the market to digest the drop, according to Gann's time squares price rule.
10:48 my automatic hex pattern recognized has detected a 6th harmonic pattern-see Hex Wheels Today on ListOfCharts page
Hex patterns are resonant structures. See the tutoral on Hex Wheels on right side of ListOfCharts page.
10:46 updated my FOG chart in the CCT Room
10:39 streak down Mercury line; a continuation sell here is not attractive because of support at 1060
10:36 does not look like my entry stop sill be hit; cancelling it because it does not fell good now
10:27 nearing trade time; last minor high 1067; 110 EXMA acting as depressor; putting buy stop at 1067.5
in case of a streak up the Mercury of Moon timeline-will only try for 2 if elected long
10:20 The first trade may be a pass- It looks to me like we congest into the second trade time
10:11 overhead resistance at the 110 EXMA near 1066 and 440 EXMA near 1069 limits any long profit
10:08 Posted a Face of God chart to the CCT Room
10:02 tested the low, held for now
9:58 this rally is part of my FOP. Finding the fracatal helped me avoid jumping in and getting whacked.
9:55 between about 10:30 and 11:00 we come to the Moon and Mercury timelines-vertical magenta M0 and yellow T0 lines
Should be good energy there
9:53 stalling between the T-315 and T+135 Moon flux; they create a balance zone
9:45 support now on the T+315 Moon electric field flux
9:41 one could have jumped on this move after the outcry open, but it would not have be a good entry,
since the move was well along. A quick turn is likely, and I do not want to get emotionally involved, and then get whacked.
9:38 the first thing I do is to fit a Fractal of Pi to a 2 day chart. I have posted
a FOP chart to the Certified Chaos Trader's Room, open to graduates of my 4 main courses
9:28 the MTRainbow chart looks like a down day since the 440 EXMA is down
Support on the SPSunMoonMer chart suggests corrective rally early
9:20 opening down a bit-trade times 10:34 12:28 14:19
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


2/12/2010 12:42:55 PM MT mm****:: the MT are hot today !
2/12/2010 7:47:48 AM MT mm****:: Inventories at 10:00
2/12/2010 7:47:17 AM MT mm****:: Mich sentiment report often moves the market - 9:55
2/12/2010 6:19:01 AM MT DP****:: GM All. Al, Looks like SMPT 24 could use some attention. Cheers!
2/12/2010 4:31:10 AM MT mm****:: gm all - have a great day

9:00 Eastern-System: No comments


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