Chaos Clinic Recap
Here are Al's comments
1:53 That's my two planned trades. Done for the day; see you next week. Take a course
1:50 aborting this at 78.25 for -3; not moving
1:46 no juice -MM must be watching another match :)
1:36 this does not look like much unless you are looking at a Fractal Grid overlay; those eMylars are priceless
1:31 coming to the exact Tide time-looking OK
1:25 if we can make new highs, there will be a lot of short covering
1:11 this move came off the Moon +T270 flux; a 9 or 18 point move up is possible; 1076, 1085, 1094
1:06 elected long 1081.25 stop 1076
1:02 last low bounced off the 440 EXMA, so a protective sell stop at 1076 would be in order if my buy stop gets hit
1:00 When it gets dull, you get a lot of false 20/110 crossings-when hat happens, watch the MTRianbow chart to see what the other EXMA's are doing
1:00 yesteday the market made a high at 10:00, low near 1:00 and a high near 4:00; Today's pattern is similar
12:49 the reason for entering this stop order is that in the Fractal Grid, there is a "Sleeper Buy/Sell point"
we are coming to it soon; sometimes the market juumps at it
12:45 bit early in trade window, but acting bullish-putting a buy stop at 1081.25
12:40 at 1:00/1078 we have price square time according to the Sun clock; maybe get some energy after that
12:35 support on the Moon +T270 flux-price square time according to the Moon clock
12:27 little dip as pass the Moon T0 timeline
12:21 1080 is zero on both the Wheel of 72 and the Wheel of 360. It is a balance point-hanging there now
12:09 I'm back-market slowly working higher-the trend is up
11:51 taking a break for breakfast
11:36 posted a Fractal Grid chart ( from CTME course) in the CCT Room. The Fractal Grid is very useful during congestions
11:22 my trade selection software did not pick the 11:30 Tide time as a trade-look to be a low
that software picks Tide times that historically work the best
11:13 back down to the 440 EXMA and the Moon +T270 flux-may just congest until next trade time of 1:40
11:03 that move probably lost it's juice because long time client MM (see chat room) got distracted by
the World Cup match on TV and quit buying :)
10:54 stopped out for +4.5
10:46 here I'm just being patient
10:41 holding above the 1080 balance price-bullish
10:35 pausing near yesterday's high
10:30 stop to 1079
10:23 Dr. Al's Black Swan cycle hit at 8:40-don't ask what it is-it is my retirement and a family secret
but it told me to be ready for a good up day
10:21 stop to 1078, just under the 50 EXMA
10:11 I have posted a Fractal of Pi pattern in the Certified Chaos Trader's Room. This room
is open to all who have taken my 4 main courses-see http://moneytide.com ->courses for more
10:02 the ability of the market to shake off the bad retail sales news is impressive
9:56 This may turn into a big up day if we can get above 1080-stop to 1072- may let this one run
using a technique taught in Chaos Trading Made Easy, yesterday's action suggested a price targe near 1134, not necesarily today
9:53 stop to 1071
9:44 stop to 1069.5; On the MTRainbow chart bounced off of the 880 and 2640 minute EXMA's- may be a good up day
9:41 buying 1974.5 stop 1069
9:38 the 110 EXMA is curling up, bullish
9:35 On MTRainbow chart, I see 4 moves, suggesting an up Chaos Clamshell
9:33 getting hint of a rally
9:23 on the SPSunMoonMer chart, the key flux is Mercury with prices at 1083 (yesterday's high) 107, and 1065
9:20 trade times today are 09:31 13:40 ; I will wait a bit on the first one
9:16 early drop on surpise in lower retail spending
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
6/11/2010 2:16:07 PM MT TG****:: Thanks, a really nice week. Al's chaos trading stuff works especially well at the current level of volatility.
6/11/2010 2:01:20 PM MT EOE:: Way to go TG!!
6/11/2010 2:00:10 PM MT TG****:: out for +10.5.
6/11/2010 1:48:43 PM MT TG****:: "this move came off the Moon +T270 flux; a 9 or 18 point move up is possible; 1076, 1085, 1094" well got above the 85, now wondering if the 94 is still out there.
6/11/2010 12:53:35 PM MT TG****:: Al, your comments and fractal grid helped me out today. Thank you in advance if this breaks out to the upside. Rebought 76.25 near 2:30 with a stop at 74.5. Looked feasible that the way you draw your up fractal grid was right on the money and the key low point for the day on it was being bent but not fractured.
6/11/2010 12:14:57 PM MT mm****:: thanks Al- I hope your leg gets a good report next week
6/11/2010 12:12:53 PM MT Al****:: everyone have a good weekend
6/11/2010 11:52:02 AM MT mm****:: By-the-way: that was 1:30 C - i.e. in 40 min - It is interesting to watch how Chicago is grinding to a halt watching the rally for the Black Hawks
6/11/2010 11:49:11 AM MT EOE:: Well this isn't going as planned
6/11/2010 11:33:01 AM MT mm****:: Just kidding - LOL !
6/11/2010 11:17:05 AM MT Al****:: pl: not looking at that-see enough with my eMylar ovelays
6/11/2010 11:08:11 AM MT Al****:: MM, I would never want you to do anything that you didn't want to do :)
6/11/2010 11:07:53 AM MT pl:: Al, are you looking on the open gap of last friday to be filled?
6/11/2010 10:57:19 AM MT mm****:: Two 20/110 crossings within 15 min. and you want me to enter ?
6/11/2010 10:38:13 AM MT Al****:: MM: now that you are back, get busy buying so we get some MM juice :)
6/11/2010 10:29:53 AM MT mm****:: OK Al - I'll take the blame ! - LOL - Surprisingly Mexico did not beat South Africa - next match is at 1:30 France : Uruguay
6/11/2010 10:07:01 AM MT TG****:: posted a comment in the CCT room re: the up fractal grid Al posted in there and the down fratal grid it is up against.
6/11/2010 9:20:59 AM MT Al****:: a lot of commodity traders are Black Hawk fans- like
Larry Pesavento, Marke Douglas, and Jack Hughes. Jack has the
distinction of being the last man cut from the 1980 Miracle On Ice team that beat the Russians for Olympic Gold
6/11/2010 9:10:01 AM MT EOE:: Way to go Blackhawks!! and thanks mm for killing the rally. :)
6/11/2010 8:59:29 AM MT Al****:: I played soccer in college-fun sport, but not chaotic like hockey - love that Chicago won the Stanley cup
6/11/2010 8:04:00 AM MT MJ:: MT, likewise...so hard to trade at the moment. I'm glued to the TV! Viva Argentina!
6/11/2010 7:50:48 AM MT Al****:: Chaos Clamshells can be any size, and are not limited to one day
6/11/2010 7:48:12 AM MT EOE:: Al, is there CC overlap?
6/11/2010 7:41:02 AM MT mm****:: consumer confidense report at 9:55
6/11/2010 6:21:40 AM MT Al****:: GM all - good luck today
6/11/2010 5:43:45 AM MT EOE:: GM everyone. TGIF. good luck.
6/11/2010 5:17:35 AM MT :: gm all - have a great day - I'll be around in spirit for the next month - the first one of more than 50 matches in South Aftica starts in as couple of hours
9:00 Eastern-System: No comments
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