Chaos Clinic Recap
Here are Al's comments
12:02 I am going to call it a day. The last two trades are an exercise left for the student. I expect the market to hold up
to the close, and maybe make new highs. Thanks for coming. See you next week. Take a course or two.
11:46 I don't know that I have the energy to do more Chaos Clinic. This morning took a lot out of me. I'm recovering
from back surgery, a sprained right ankle with bone chip, and a sprained left ankle with broken fibula. Stamia is not so good.
11:32 the overnight low was made as the Moon squared Sun/Mars. Price now at the Moon +T090, Sun +H180, Mars +R180 flux
in a time to price move. Market AstroPhysics in action
11:24 posted a Fractal of Pi chart in the CCT Room
11:10 really a busy morning. Next trade is at 12:55, so I may not make many comments until then
11:06 This was a move 5 of 7 in an up Chaos Clamshell. I saw that setup on the MTRainbow chart.
High was made on the prime number 1327
11:04 out at 1326 for +9; this is fine; pour the wine
11:03 stop to 1322
11:00 stop to 1319; cover will be 1326 if get there
10:50 Thinking about trying for 9
10:49 stop to 1318; like the slope of this rally
10:38 stop to 1317.5 , at the 55 minute EXMA
10:34 stop to 1317, break even
10:31 stop to 1316
10:09 stop to 1315, just under the 110 EXMA
10:06 stop to 1314
10:04 I have placed 2 Face of God charts 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.
9:51 OK, buying 1317 stop 1313
9:48 tested low then bounced a bit. Not much juice
9:45 need to get to 1317 to get above the 440 EXMA and the Moon +T045 electric field flux line
9:39 getting some buying, need enought to curl the 110 up and push the 20 EXMA above it
9:36 on the MTRainbow chart, there is support at 1312 from the 2640 Minute EXMA, so not much downside potential
110 and 440 EXMA's down for now
9:34 First trade time may not give a good setup
9:31 Trade times today are 09:47, 12:55, and 14:52
9:28 market opening weak, but two day pattern looks like a 1-2-3-4 of 7 in an up Chaos Clamshell
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
2/11/2011 11:31:10 AM MT bhskr:: Thanks RAH
2/11/2011 10:29:27 AM MT RAH:: @BHSKR Best way to reach Al is via his email
2/11/2011 10:11:44 AM MT Bhskr:: @Al Is there a way to send a chart so you or someone can comment? (I only gotten to the CIOC and THE FOP upto now)
2/11/2011 9:19:04 AM MT Al****:: I said early that the Rainbow chart looked like a 1-2-3-4.
9:28 market opening weak, but two day pattern looks like a 1-2-3-4 of 7 in an up Chaos Clamshell
2/11/2011 9:17:15 AM MT Bhskr:: Great trade Al
2/11/2011 9:11:19 AM MT RAH:: @ Al again: what was the CC W5 setup on Rainbow? You intrigue me.
2/11/2011 9:08:57 AM MT RAH:: Well done on that trade Al (says the student to the tutor!), makes up for my day yesterday. Nice Leg 5 of CC, or in Elliott terms, prob W3 of 5.
2/11/2011 9:06:51 AM MT EOE:: nice trade Al, hit your 9pts
2/11/2011 9:01:04 AM MT RAH:: Move SL up again?
2/11/2011 8:54:43 AM MT RAH:: one hell of a rally happening 7 or 9 pointer maybe?
2/11/2011 8:54:02 AM MT RAH:: Tnx Al!
2/11/2011 8:46:18 AM MT Al****:: yes, I fixed it after getting the trade going
2/11/2011 8:35:51 AM MT mm****:: It was not yet fixed at 8:30:37 - now it is fixed - thanks
2/11/2011 8:30:48 AM MT Al****:: MM: I think I fixed the pivot prices. My @#$% end of day data collector failed.
RAH: the 2640 was support yesterday, so I expexcted it could be today
Moon flux tend to be stronger
2/11/2011 8:30:37 AM MT mm****:: Al - when you get a minute: can you please read my 6:03:35 post? - thanks
2/11/2011 8:29:35 AM MT RAH:: @ Al: thats OK Al, I can wait for your answers - maybe at the end of the day, or between trades - or just send me an email later if you remember. Nice trade of yours so far today! I don't think I would have had the guts to take it without you commenting!
2/11/2011 8:17:47 AM MT Al****:: RAH-I can't really answer a lot of questions whyile doing the Chaos Clinic, espeically while making a trade.
2/11/2011 7:55:22 AM MT mm****:: 9:55 consumer sentiment
2/11/2011 7:51:51 AM MT RAH:: @ Al : How important are the moon flux lines of -T180, +T045, +T225 compared to the planetary flux lines?
2/11/2011 7:46:45 AM MT RAH:: Rainbow same flat pancake as yesterday, so I'm in no hurry today! LOL
2/11/2011 7:45:42 AM MT RAH:: @ Al: wondering why you're calling Raindow 2640 support today? Isn't it just one more EXMA (which happens to be below the chart this morning (sorry, afternoon)?
2/11/2011 7:45:07 AM MT RAH:: Good afternoon all :-). To keep in line w usual salutations here, apparently its 51F outside here, so quite balmy really!
2/11/2011 7:27:31 AM MT Al****:: GM all-good luck today
2/11/2011 6:24:44 AM MT EOE:: GM everyone. heat wave coming 14F. ;-) lets hope its not another mm stinker today. good luck.
2/11/2011 6:03:35 AM MT mm****:: Al - SP1Day has not yet updated
2/11/2011 5:55:46 AM MT mm****:: gm all - 10F but sunny - have a great day - let's hope for good volatility
9:00 Eastern-System: No comments
[ Live Clinics on Friday on DaytradingForecasts.com ]