Chaos Clinic Recap
Here are Al's comments
3:28 hard day to trade, as all congestion days are-I'm done for the day-see you next week
3:26 covering 1107,+2 support on prior low at 1106.5
3:23-this is a "Moon juice" move
3:22 stop 1009, no loss
3:18 resold 1109 stop 1110.5-got bounced by stop too close
3:17 out +3
3:13 stop 1110-will go for max
3:11 stop 1111.5
3:10 stop 1112.5
3:05 the chaotic moves come at the end of the congestions, so need to be patient, stick with it, and control losses
3:01 stop 1113 - loss cut to zero again
2:55 early had red -Tide, then green +Tide-will end on red -Tide; 2 inversions common on flat days
2:50 out for zero-rally is a no-go, so bears get another try-sold 1113 stop 1116
2:45 stop 1113 - loss on this one cut to zero
2:40 also know Uranus is hot, since it set early high and lows-now got streak up Uranus timeline
2:36 trading near Pluto/Venus and Moon price-they have timelines in last hour-I expect them to be hot
2:33 stop 1111-now looking for a short covering rally as swing traders see no follow through of last two days
2:28 rebuying 1113 stop 1110
2:22 not going down-staying flat and maybe up
2:20 been stuck on Moon flux all day-soon will be 6 hours from early high
2:17 2 hard down days, now having trouble going up-bearish
2:14 getting a 20/110 sell, which I may take
2:11 aborted -1 -do not like it-I can always rebuy if it does go
2:09 1113 tested and held again
2:00 I like the support off 1113 and the +T000 moon flux -says up until Moon timeline
1:53 stop 1112 -slow day so need to move stop slow
1:46 today is a "two Moon day" -two vertical yellow Moon Timelines-usually goes one way or Moon-solar noon-Moon
1:41 bought 1114.50 stopy 1111.50
1:33 low almost exactly on Tide turn-note on Wheel of Fortune it came as Xchg trined the Moon
1:31 looks like turning up-so watch for a 20/110 EXMA buy crossing
1:28 I want to see how it comes out of this Tide turn
1:26 this is a continatiation sell setup-watching closely
1:22 note the early high came on Uranus timeline-and support is on Uranus flux line-time moved to price
1:20 little streak move on Neptune timeline -support has been on Jupiter/Uranus flux-7 moves down from 11:30 high
1:16 I'm back-Ace, Scout, and I had a nice walk in the park in a light snow -very relaxing and refreshing
12:44 I will now take a break for 30 minutes, just to keep myself from jumping in and out-need to wait for next trade time
12:37 an important thing that using MoonTides does is limit the number of trades per day-this controls over-trading
12:31 If you think of each trade as taking a 3 point loss on entry, then working to reduce the loss, and hopefully
turn it into a negative loss, you get to the heart of trading-being willing to accept losses
12:29 aborted -1.25
12:24 wild spike-stay poised
12:22 you must accept that all trades start as losses-so control the loss with a stop-low loss or gain is
not from your entry to current price-that is mythical-it is from entry to your stop
12:19 cont. sell 1112.5 stop 1115.5
12:09 dropped back as soon as we passed it-possible continuation sell setup, but needs follow through
12:04 Mini streak right up the Chiron timeline-still pretty stuck on the Venus/Pluto price line
12:02 Chaotic markets balance or congest for long periods of time, then move fast and chaotically to a new balance level
To trade them, you have to learn to wait out the balance periods, and trade only the chaotic breaks
11:52 so far today the price action fits parts of a 4 hour Fractal of Pi pattern-says 1:30 Tide may be best setup
11:46 going into this Tide turn flat-may get a 20/110 buy-if so,then watch for sign of rally strength off a higher low
11:38 dropping into the Mercury timeline-prices both sides of 110 EXMA and 110 flat=congestion=stay out for now
11:28 every business plan for trading the Emini needs to provide for the fact that only 49% of the days are good trading days
11:24 stopped by the Saturn flux-very low efficency of motion today-especial between the +/-T000 flux lines
11:19 we should now rally up to the -T000 Moon flux-the gray timeline we just hit is for this flux line
11:04 right in the center of the 9 point range is the Venus/Pluto electric field flux pair-a "vibration center"
11:00 The MoonTide basically forecasts the 110 EXMA-so far it is tracking the red -Tide and now going flat
10:54 so far we have had a lot of chop-a 5 minute chart shows many 2 and 3 point candlesticks
10:49 I also knew that the range had just hit 9 points - a 45 degree range-common on a slow day-now we have re-entered
the +/-T000 Moon congestion zone
10:47 once the market hits the upper or lower Larson band, especailly for the second time, I look for a reversal
10:42 There I had trouble taking the 20/110 continuation sell, staring at the Moon flux-so I used a stop
entry as a "let the market decide" crutch-such entries are usually late-so I compensated for that
10:40 you not only have to trade the market, you have to trade yourself-you have to know when you are
being too hesitant, when you are being too aggressive, and when you are right in synch
10:38 covering here for +.25-I just don't like my late entry
10:36 stop 1113-pressing because at lower band edge and I entered late in move
10:31 stop 1114-broke through the pivot, so pit now looking for prior low 1106.5 and S1 1104.4
10:26 stop 1114.5
10:24 sold 1112.5 stop 1115.5
10:19 I took my shot at the first trade, so I'm trying to wait for the second Tide turn-I'll sell 1112.5 stop
10:15 but if we break out of the zone, I'm short-another test of the +T000 Moon flux
10:13 that zone has a Chaos Balance point at 1116 -could sit in the zone all day-this is not the zone you
want to be in when your are Trading In The Zone
10:11 Note the pre-open high on -T000 Moon flux and the low on +T000 Moon flux-form a congestion zone
10:09 in the email I warned about being careful on the first trade-this is why
10:06 got dip to the Moon flux at 1113, and now back up 3 points-note how the timeline clusters warn of chop
10:00 vertical mini-streak up the Mars timeline-not doing down, therefore going flat
9:58 watching the nature of this small rally-have a 20/110 sell crossing-so going flat or down
9:56 found support on the hot Venus/Pluto electric field flux
9:53 now may get a 20/110 sell-market may well go flat as per the modest slope of the MoonTides
9:52 learning to get out of trades that are not working is critical to good long term results-if in doubt-get out
9:50 aborting this for -1.5-110 EXMA has gone flat and no follow through
9:45 now got support of the cardinal 1116 180 degree price-holding stop for now-also the pit pivot price
9:42 Venus/Pluto are hot in price and time-did not quite reach price at 1114.5-now coming to timelines
9:37 continuation buy 1118 stop 1115
9:35 opening essentially flat
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
9:00 Eastern-System: No comments
[ Live Clinics on Friday on DaytradingForecasts.com ]