Chaos Clinic Recap
Here are Al's comments
3:22 I'm done for the day; see you in 2 weeks; no clinic next week but screens should run if the technocrap works
3:21 hit hex pattern-covering 1026; a hex pattern is a resonance-got move going into it, so good time to cash in
3:20 stop 1024.75
3:17 stop to 1024
3:15 stop 1022.75, break even
3:11 made it up to the Moon flux
3:05 stop to 1021.5
3:02 looking a bit better-started day on red -Tide, looks like end day on red -Tide
2:57 still in zombie mode
2:34 buying 1022.75 stop 1020
2:31 getting some buying
2:18 need to break above 1024 to get a decent rally going- late summer Friday afternoon may not have enough volume to do it
2:12 doming to the Moon and Mercury timelines-support held on the little dip; 1020 is a good sell stop price
2:05 the 20 EXMA has already crossed down through the 110; but movement is slow, so not an automatic sell
1:54 showing a little weakness; most likely pattern is a dip, then a rally into the close
1:20 yesterday the marekt went flat for 4 hours + ; doing it again today
1:00 volatility has died-you can see now why I did not chase that early streak when I saw I missed it
-chaos starts and ends quickly
12:53 posted a Face of God chart in the CCT room
12:47 early in the day traded on the Moon T+225 flus, then got a "band gap energy jump" to the Moon T+270 flux
congest, jump, congest - the nature of chaotic systems
12:35 still stuck on the Moon flux
12:09 I'm passing on the second trade-just no juice
11:57 the high was on Mercury+270; come to the Mercury+0 and Moon+0 timelines between 1400 and 1500;
could just congest until then; at that point time squares price by the Mercury-Moon clock
11:52 stuck on the yellow Moon T+270 flux line - still no good trade setup
11:31 if you have taken the Chaos Trading Made Easy course, you have access to a special page just for that course
On the ListOfCharts page, left side, is the link to CTME SP Chart. You see the link if you have taken the course.
11:28 so far followed the red -Tide; now may get mixed Tides midday
11:24 getting very dull - range of last hour about 3 points - need to be patient on this trade
11:07 now in the second trade window-exact time is 11:31-I notice the volatility has dropped after the resonant streak at 10:00
11:00 also on that chart have support now at 1018-20 with the Sun(H), Jupiter(J), Chiron(C), Neptune(N) flux bundle
10:49 on the Chaos Clinic chart, the astro stuff shows that the high was set by Mercury and Mars. This was also
the "pit resistance price 4", posted on the SP1Day page. For more, see the Pivots and Planets page, link right side of ListOfCharts page.
10:46 on http://moneytide.com, I give away a free circles eMylay program. I've posted an example of using it on the AUX page.
10:29 updated my chart in the CCT room
10:25 my Jude 6 system (work in progress) did buy 3 at 1017.75, and cover one for +2.75, and one for +5, still holding one
10:09 in hindsight, there was a continuation buy trade there- I just considered it to be too far
from the 440 EXMA to be worth the risk
10:06 this is a 10:00 "resonant streak"
10:01 new rally highs- watching to see if they hold
9:56 just hanging around - no trade setup - fractal suggests next trade time will be better
9:48 that fractal suggests that this test of the prior two tops will fail, leading to a triple top on the daily chart
9:42 one of the first things I do in the morning is look for a Fractal of Pi that ties today to yesterday
on the MT Rainbow chart. I have placed a chart showing that in the Certified Chaos Trader's Room.
This room is open to the graduates of my 4 main course (see http://moneytide.com -> courses)
9:30 on the MTRainbow chart, we see the white 440 EXMA is up, but prices are 10 point above it, so
not much upside potentinal. For a sell, prices would have to turn down below the 110 EXMA; so no setup right now
9:25 Outcry session will open up, testing highs of last two weeks
Trade timnes today are 09:31, 11:31, and 14:25 ; first one may not set up
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
8/21/2009 12:55:04 PM MT JAB:: Hi Al....why go long when the bias is short in the bias chart? Thank you
8/21/2009 12:38:19 PM MT JAB:: no rally today at 2:37 EST
8/21/2009 9:44:57 AM MT TG****:: Thanks for the explanation
8/21/2009 9:36:03 AM MT Al****:: or just look at the Wheel of Fortune
8/21/2009 9:33:25 AM MT Al****:: the software just didn't run the prices far enough - look at the Chaos Clinic chart
8/21/2009 9:11:01 AM MT TG****:: Al, I see that the up move essentially started from the preoutcry tiling of 3 minute candles right near the mercury mars timeline and completed at the mercury mars price line on the clinic chart. But, I don't see the 1025 price level posted for mercury or mars in the email or in the SP1Day chart.
8/21/2009 8:59:01 AM MT mm****:: no idea - there is no typical - all I watch is how the pit jerks the price from one S/R level to the next
8/21/2009 8:45:07 AM MT TG****:: I'm wondering if the best next setup will be a matching resonant streak very late.
8/21/2009 8:43:49 AM MT TG****:: mm, now that resistance 4 was hit early what's the "typical" rest of the day look like.
8/21/2009 8:31:54 AM MT mm****:: the pit did it again !
8/21/2009 8:15:10 AM MT TG****:: 1037 (+/- 3) on the Cash SPX on 8/28 (+/-3 trading days) would be a nice time and price squaring from the 3/6 low.
8/21/2009 8:03:52 AM MT Al****:: an ideal buy setup would be if prices were very close to the
440 EXMA - today, too far away
8/21/2009 7:51:01 AM MT wmp:: Hello...for a hotline trade, what would be the ideal conditions for taking a long trade on the open on a day like today?
8/21/2009 7:22:26 AM MT Al****:: GM all-good luck today
8/21/2009 7:10:58 AM MT UNI:: GM All
8/21/2009 5:16:39 AM MT mm****:: gm all - have a great day
9:00 Eastern-System: No comments
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