Chaos Clinic Recap
Here are Al's comments
1:12 I'm going to call it quits; grandkids want to go to the park; some things are more important than trading;
have a good weekend; see you next week; take some courses
1:03 officially passing on second trade
12:48 I just answered some interesting questions n the chat room.
12:18 I have placed a Fractal of Pi 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.
eMylar Fractal of Pi overlays help you be patient, since they show you future potential moves.
The best bargain in my courses is to take the Cash In On Chaos and Fractal of Pi courses and
learn to use the FOP overlay. Then take Chaos Trading Made Easy, and finish with Face Of God.
12:13 this trade is looking like a pass so far; trading both sides of the 110
12:09 things were extra Chaotic here this morning-we kept 3 grandkids overnight; things get chaotic when they get up
and want to paint, eat breakfast, see my Tesla coil do magic, and watch several DVDs
12:06 on many Fridays things get dull after the initial move as the hedge fund guys turn off their computers and head for the Hamptons
12:04 110 EXMA has gone flat
12:01 I'm back - now see rally stopped at the Moon +T315 elected field flux
11:37 out for -1 ; taking a break now
11:25 moving my stop back to 1855-I think it is too close; this puts it under the 110
11:21 if you look at the 440 minute EXMA, it is a straight line; if you use a drawing tool and draw a line at that angle, you can mov eit up under the minor lows as a potential trend line
11:18 on a day like today, the 110 EXMA will probably not be broken; so if you try to hold all day, a stop just under it usually works
11:09 at this point I like to walk around, take a break, do something else so I don't
stare at the screen and get entangled in the minute details; the big picture is that a good rally is on today
11:02 stop to 1856 ; break even
10:56 stop to 1854.5; cut loss to 1.5
10:55 you don't have to pay the Russias $5 million to ride a rocket; just trade the S&P
10:49 this is a fast, strong move; it will likely run all day; I'm trying to hang on, but being cautious at same time
10:40 rebought 1856 stop 1853; minor dip is a brief continuation buy
10:28 OK-took 2.5
10:18 stop to 1855; lock 2
10:11 I have locked in a small profit; the 55 EXMA is still up; so trying to be patient
10:07 this is basically a trade going into the Tide time, so I will look to cover then
10:04 the congestion points are 1845 and 1854; another 9 points is 1863
10:03 I pay a lot of attention to the speed of a move and the slope of the EXMA's
10:02 Stop to 1854; lock 1
10:00 stop to 1853; break even
9:58 on a move like this I just watch the 20 minute, 55 minute, and 110 minute EXMAs. The move is not over until it breaks the 55.
9:57 I know I got in late; but I have limited my loss, and there is more upside coming
9:55 this move jumped 9 points in 15 minutes; 1/8 of circle of 72; very high energy
9:50 stop to 1851
9:48 the earlier hex pattern suggests a move to 1857
9:46 when a Red or Green swan does not catch, it can release a lot of energy in the opposite direction
9:45 closed my eyes and bought 1853 stop 1850
9:42 an early morning rocket ; missed a good entry so wait
9:38 prices broke through it
9:34 running into the Red Swan; will it "catch" ?
9:32 opening surge testing yesterday's high
9:16 there is a Consumer Sentiment report at 9:55; not usually a big mover report, but when things are
balanced in a chaotic system, a small force can tip the balance
9:11 the 440 and 110 minute EXMA's are flat; so we are starting out with a continuation of yesterday's congestion
9:09 today's MoonTides on the Chaos Clinic chart look like a tangled mess
9:00 today's trades are at 10:49 12:17 and 14:57
Yesterday prices go stuck between 1836 and 1848; So we need an increase in volatility
Early today we have a Red Swan down, so it may provide it
We also have a hex pattern at 1845. These can stabilize prices.
See Hex Wheels tutorial and Hex Wheels today linked on right side of ListOfCharts page
9:00 Good Morning. Welcome to the Chaos Clinic. This site has a lot of charts,
so you may find it useful to have several of them available within your
browser. If you have a tabbed browser, you can open separate charts
in separate tabs by right clicking on any link, and selecting "open in new tab"
from the menu. The main list of site pages is at
http://daytradingforecasts.com/chartlistsec.asp
Recommended pages to watch are SPKISS, MTRainbow, and Chat.
For astro stuff, add SPSunMoonMer, Wheel, and Chaos Clinic.
Chaos clinic comments appear at the bottom of the SPKISS, MTRainbow,
and ChaosClinic pages. Comments in the chat room are announced by a
"duck call" noise. This noise also occurs when the sofware detects a
resonant hex pattern on the Wheel page. Trading tutorials
are on the right side of the ListOfCharts page. One should
read Trading the MoonTide Tutorial and Keep it Simple as a minimum.
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
3/28/2014 2:06:48 PM MT BBB****:: I believe you are correct but I do not hold overnight.
3/28/2014 1:49:12 PM MT Sharpe:: BBB, do you know when are you required to have the overnight margin for the sp500? Is it 4:15 EST?
3/28/2014 1:47:14 PM MT JSF:: I'm thinking of taking at least one of Al's courses. I'm not sure which I should start with I'm leaning towards the Cash in on Chaos
3/28/2014 1:46:11 PM MT JSF:: At least I'm not alone
3/28/2014 1:41:51 PM MT BBB****:: I am long at 1848.50 and will let it ride to the close. Been long for an hour or so.
3/28/2014 1:24:11 PM MT JSF:: I bought at the latest trade time, thinking that the tide was going to turn.
3/28/2014 1:11:21 PM MT Sharpe:: Well it looks like a continuation sell to me..
3/28/2014 1:03:36 PM MT Sharpe:: I took the crossover sell during the second tide time but got stopped out for even when prices had that little rally up to the 110 exma. I trailed my stop too tight and should have gotten at least +6 on the move down.
3/28/2014 1:02:09 PM MT Sharpe:: I'm watching to see if we get a crossover buy coming up here. The market looks like it reacted very strongly to the 14:57 tide time.
3/28/2014 12:59:30 PM MT Sharpe:: So I think one of the things that might be a bit relevant is the fact that he mentioned today that he uses his fractal's to determine which trades might have the best moves. That might be helping him cherry pick his trade a bit more.
One thing I've decided on for the moment is that I'm going to stay away from the continuation trades. I'm doing a terrible job deciding which when to take continuation buys or sells so I'm just going to focus on the crossover trades which has been easier for me to identify and trade.
3/28/2014 12:50:19 PM MT MRL:: to follow my system
3/28/2014 12:49:32 PM MT MRL:: Yes of course -- for one trade that He post i take 2 or 3 in the same direction.. but I am not doing good so dont recommeded
3/28/2014 11:43:13 AM MT Sharpe:: Do you find that you are taking a lot more trades then Al?
3/28/2014 11:38:12 AM MT MRL:: Yes 1 in a 10 trades i get 4.5 stop with 12 gain swing not intraday
3/28/2014 11:11:20 AM MT Sharpe:: MRL, are you risking more then 3 points per trade?
3/28/2014 11:08:06 AM MT BBB****:: Don't forget - Al has been doing this for 20 plus years...
3/28/2014 11:07:36 AM MT Sharpe:: Are you passing on this 2nd trade Al because we are 45 minutes past the moontide window?
3/28/2014 11:03:26 AM MT MRL:: Sharpe -- I give you my results -- I am was feeling like you some weeks ago. I have been trading ALīs systems 3 months and still flat. To take the losses and move on its important bc of risk management - but for some reason Al losses are few and small -- mine are not - when i use trail stops I get filled and Al get 9 points. No matter what system you trade you have to make it your own to match your personality. I think there is a lot of value but it not easy to transfer it to my account.
3/28/2014 11:03:07 AM MT JSF:: Al, do you recommend a futures broker?
3/28/2014 10:50:51 AM MT Sharpe:: I have been using Ninja Trader with the simulated account and I do feel like just in the last week I have gotten a lot better at 'feeling' how this works. My goal is to get 50% of the results you've gotten with your track record :)
3/28/2014 10:44:58 AM MT Al****:: be careful and patient. IT works over time. If you use Ninja Trader, trade the simulated account for some of the time. That helps you get the hang of it. Don't think that today is that important. The most important thing is to be able to trade next week. Read all my stuff on the energy charging kit, headband, etc. and Your Ele3ctric Life. Get yourself into a controlled, positive energy state before trading. See Free Stuff on Moneytide.com
3/28/2014 10:42:24 AM MT Sharpe:: One thing I've noticed so far and perhaps it's just my imagination but generally speaking it seems easier to trade the crossovers versus the continuations. The crossover setups seem clearer to me since compare to the continuations. Have you ever heard this before?
3/28/2014 10:38:51 AM MT Sharpe:: Wow, that's impressive then. My results so far haven't tracked yours very well but perhaps that's because I'm new and am still learning.
3/28/2014 10:36:26 AM MT Al****:: when I didn't actually make the trades I look at the charts and try to estimate what I would have done;
I've had three different traders do my hotline while I was gone, and they get about the same results applying the rules.
3/28/2014 10:34:14 AM MT Sharpe:: Another question I had was around your history of results. There's some sort result for every trading day for the past 10+ years it looks like. I'm guessing you didn't take every single trade that's showing (you got sick, you were on vacation, etc) so are some of those results trades that you would have taken?
3/28/2014 10:28:11 AM MT Al****:: when the EXMA's information are not coinciding well with the Tide times, I am less aggressive, because the forecast is off somehow; check the weather vs. the forecast before you go on the picnic
3/28/2014 10:27:12 AM MT Sharpe:: Do you use the fractals on every single trade?
3/28/2014 10:25:47 AM MT Al****:: I use the fractal patterns to get a feel for the likely hood that a particular trade will work.
Then I use the EXMA's to guide my entry and exit; trades in different parts of the fractal are different
3/28/2014 10:22:03 AM MT Sharpe:: Al, are all of your entries on the hotline trades from the 20/110 EMA or do you enter off any of your fractals? I know you mention your fractal patterns a lot so are you using those more for exiting or figuring out where a trade might go versus the entries?
3/28/2014 9:29:00 AM MT Sharpe:: Any advice Al on how to handle a potential entry that's right in the middle of two moontides? We have the 10:49 and the 12:17 times this morning and it looks like prices are currently moving down to potentially trigger either a continuation buy or a crossover sell.
3/28/2014 8:33:31 AM MT Sharpe:: Ok. Is the moon flux the yellow dotted lines on the chaos chart?
3/28/2014 8:30:41 AM MT Al****:: I covered due to the Moon flux
taking the other trade would have meant over trading
3/28/2014 8:25:01 AM MT Sharpe:: Good morning Al, I had two questions from yesterday's hotline trades. 1. On the continuation sell we had yesterday morning, what made you exit pretty much right at the bottom for +5 and 2. Was there a reason you didn't trade the crossover buy we had shortly after that bottom?
3/28/2014 7:26:31 AM MT MRL:: Good morning
3/28/2014 7:04:43 AM MT BBB****:: Not a problem. If I know I cannot make this one, should I go ahead and put my email in in order to get on the list for the following course?
3/28/2014 6:41:46 AM MT Al****:: GM all-good luck today
BBB-thanks for your comment yesterday-my tired mind started inserting April instead of May; thanks to you the error was caught before the course material went public; nice that you guys watch over me
3/28/2014 5:33:42 AM MT mm****:: gm all - have a great day
9:00 Eastern-System: No comments
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