Chaos Clinic Recap

Here are Al's comments

2:36 OK, stopped out. Done for the day; thanks for coming; see you next week. Take a course.
2:33 nothing to do but wait
2:26 missed stop by one tick-still OK
2:18 stop still OK for now
2:09 this is 7th little swing up from the low; a small Chaos Clamshell
2:00 jumped too soon; happens; stop is in
1:52 sold 1138.5 stop 1143 on 20/110 crossing
1:46 if my sell stop is hit, my protective buys top goes at 1143
1:36 the shape of the MoonTides on this turn is a broad turn, so it may come earlier than normal
1:29 now one can draw a converging triangle using just today's prices; apex is before the close
1:22 watching to see what comes after the Moon timeline
1:18 up to to the 1142 Mars flux; support early, resistance now
1:13 a bit of juice; still in converging triangle. Putting sell stop at 1137 = last low -.5
1:01 passing Sun and Saturn timelines-soon comes Moon T270 timeline; it may add some juice
12:51 on the MTRainbow chart the white 440 EXMA is slowly down. Bearish for the day; but no juice.
12:39 back-not much happening; may get some weakness for last trade
12:22 taking a breakfast break
12:17 aborting for -.5
12:14 dip as pass Mercury timeline
12:08 MoonTides forecast the shape of the 110 EXMA; the green +Tide accelerates soonR 11:58 at a key point in my Fractal of Pi. If move higher fractal has fractured
11:50 stop to 1138
11:44 bought 1139.5 stop 1136.5
11:37 holding up; looks like it could make 1142, which was early support
11:29 trading near the Moon +T180 flux
11:25 not much juice on this trade time; just watching
11:14 following green +Tide so far; watching for a buy setup
11:07 on that chart, we have a horizontal converging triangle with the apex after the close
11:00 on the MTRainbow chart, the longer EXMA's are flat as they have been all week; they need to curl over to get any big move
10:55 bounced off yesterday's late low; failing to take it out solidly suggests the market holds up today
10:46 range was exactly 12 points, 1/6th of the Wheel of 72, so a harmonic move. Low on the Pluto flux line
10:42 missed 9 by one tick-covering for +7; can resell
10:39 stop to 1139
10:35 my Fractal of Pi (FOP) suggests holding beyond 9 point gain ; thinking about it
10:33 stop to 1040; lock 3
10:30 stop to 1143 ; brake even + commission
10:27 9 point cover is 1134.25
10:26 stop to 1144
10:22 I have posted a Fractal of Pi chart in the Certified Chaos Trader's room. That room is open to the
graduates of my four main courses. See http://moneytide.com -> Courses for details.
10:18 trade looking marginal; sitting tight
10:11 stop 1147
10:05 this week has been choppy with multiple tops near 1143 to 1146. Then yesterday we got an eary spike high to 1053.5.
This could not be held, suggesting a change in trend on the daily chart. That suggested weakness today after an early high.
10:02 pressed a bit, sold 1143.25; just under the 110 EXMA
10:01 more buzz on econonic reports
9:48 lots of Buzz-just watching
9:40 looking like it could roll over
9:36 up to the Moon +T225 flux line;
9:32 outcry session open; prices too far from 110 EXMA for a continuation buy; so first trade may not give a good setup
9:17 market up modestly pre outcry session; trade times 09:31, 11:11, and 14:36
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

10/1/2010 12:41:05 PM MT EP:: .
10/1/2010 8:58:35 AM MT EP:: Hi
10/1/2010 8:45:56 AM MT MJH:: Hello Al and every one tuned in, Al I trade the AUDUSD and I noticed that we have many time cycles converging today, is it possible that the market is going to make a dramatic fall today? MJH
10/1/2010 7:49:51 AM MT mm****:: the Mich sentiment report is due at 9:55 - often moves the market - can make it turn on a dime
10/1/2010 7:29:51 AM MT mm****:: stl - the MTRainbow site has both the charts and the trades
10/1/2010 7:16:48 AM MT stl:: Are the live trades posted here - chat page ? Thanks
10/1/2010 7:12:48 AM MT stl:: GM. Where do I see your chart ? Thanks
10/1/2010 7:12:32 AM MT EOE:: GM everyone its another beautiful morning. good luck
10/1/2010 6:53:40 AM MT Al****:: GM all-good luck today
10/1/2010 5:10:43 AM MT mm****:: gm all - have a great day - let's hope for more nice volatility for Al's clinic
9:00 Eastern-System: No comments

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