Chaos Clinic Recap
Here are Al's comments
1:49 I'm passing on the third trade and calling it a day-have a great weekend-see you next week-take a course
1:48 out for 0-just no juice
1:46 needs to move pretty soon or I'm out
1:41 stop to 1339
1:34 this is what my friend Jim Twentryman calls a "grinder" -steady trend with small steps
1:27 not a lot of juice-everyone must have joined regular MM on the beach
1:19 I like the way the EXMA's on MTRainbow are diverging
1:08 lots of 2 day highs around 1342-43.5-if break above, should trigger breakout computer programs
1:00 looking OK, stop to 1338.5
12:50 bought 1340.75 stop 1338
12:43 the 440 is at 1338.48; I can put a stop at 1348 if I buy
12:42 getting a dip in the 20 EXMA-buy setup if it pulls up
12:14 9 point range off the low; 9 points is 45 degreesof the Wheel of 72
12:11 coming into the second trade window ; hoping for a bit of a pullback near the Tide time
12:00 slow steady buying-second trade could have a good setup
11:28 trading around the Sun +H090 flux. Suggests market mood may change after 1:00, solar Noon
about the next trade time
11:16 in my own trading, I might try one contract on a early trade. If it fails, and I think the market reversed,
I'll do 2 or more the other way; trying to weight my trades according to "correctness of direction."
11:10 the 440 EXMA has turn back up a bit, so no big sell off - looks like hold up into the close
11:05 Sell off was halted at the Uranus +U189 /Pluto +P270 flux-part of the big 2012 Mayan Calendar pattern
11:00 aborted for -2.5; not going
10:56 still hanging around that Venus flux line
10:50 I have placed a Face Of God 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.
10:42 stopped out; stop may have been too close; resold 38 stop 39
10:33 now the 110 EXMA is crossing the 440 EXMA - my stop is just above that crossing point
10:24 slow entry, but I wanted to be cautious-the convincer was that the 440 EXMA stopped the rally
10:17 sold 1335 stop 1338 based on continuation setup after the Tide time
10:11 looks like getting just enough buying to hold it up
10:08 low a few ticks above yesterday's second low near 12:00 ; on my 8:15-4:15 chart, we have a harmonic 9 point range
10:04 early Friday head fakes are common, so I think this one will bounce back
10:04 at Tide Time
9;59 now getting a hex pattern recognized at 1336.75-see Hex Wheels Today and Hex Wheels totuorial on right side on ListOfCharts page
9:56 one could have sold at 39 and covered at 36 for 3 points, but I don't think there is more to be had
9:53 drop started on Moon T315 and Venus V045 timelines
9:50 support on the Moon +T180 / Venus +V090 electric field flux as Moon squares Venus
9:45 if I were not stuck in my Camboot due to my leg surgery, I'd be campoing in the Rockies
9:43 the 20/110 EXMAs do show a continuration sell, but downside looks limited because of the 440 EXMA; waiting
9:41 looks like following green +Tide, suggesting low near 10:04 trade time
9:37 on the MTRainbow chart the white 440 minute EXMA is up, slowingly rolling over
9:35 outcry open-no juice at all-on andy 2 day chart can see we are stuck in a congestion
9:18 pre outcry session down from the overnight high of about 1347, trading at yesterday's close
trade times are 10:04, 13:00, and 14:54 . Last one may be too late to trade on a Friday.
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
7/22/2011 10:19:14 AM MT mm****:: I cannot trade here off my wife's laptop - only bs from the side lines - LOL !
7/22/2011 10:17:53 AM MT mm****:: Al - looking back on the 3 min chart: the 10:04 was a CIT - a little bit off - but with a nice H at 10:24
7/22/2011 9:54:52 AM MT Al****:: MM: it's only 80 here in Denver today- cooler -last few days hit mid 90's- I'm sitting in nice air conditioning :)
7/22/2011 9:38:53 AM MT mm****:: Al - I am mooching off some neighbor's wi-fi and must have missed some of your posts - it is 90 here also and wind still - sitting in front of a fan - LOL !
7/22/2011 9:35:22 AM MT Al****:: MM-I was stopped but resold at my stop when I realized it was too close-then later I threw in the towel
hope you are enjoying vacation
7/22/2011 9:32:43 AM MT mm****:: Al - keeping an eye on you from the ME cost - were you not stopped for -1 (38 to 39) and did not abort for -2 1/2 ?
7/22/2011 7:13:33 AM MT Al****:: GM all-good luck today
7/22/2011 7:01:59 AM MT EOE:: GM everyone. good luck. TGIF
9:00 Eastern-System: No comments
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