NOTE: This email is being sent to you because you requested it.
You cannot reply to this email. To contact us, go to
http://moneytide.com/hans/emailsend.asp
To subscribe, unsubscribe, change your credit card number
or change your email address go to
https://secure.moneytide.com/secure/moneytide/admin/userlogin.asp
Note:**Your hotline will be autorenewed unless you go to the above link
and turn off your autorenew flag. Do this to not renew.
To view live charts daily, subscribers may log into
http://daytradingforecasts.com
** Turn on your sound board, so your will hear chat message alerts **
___________________________________________________________________
Don't be intimidated by all the complexity of the astro stuff.
Our approach is simple. Watch a simple chart, like SP1Day or SPKISS-
with 3 minute bars, 20 minute (6 or 7 bars) EXMA, and 110 minute
(36 bar) EXMA. Look at the trade times in the Strategy section below.
When within about +/-45 minutes
of the trade times, follow the rules given in the Standing Instructions.
Keep it simple. Be patient. It works over time.
Read the Trading the MoonTides Tutorial and Keep It Simple
on the List of Charts page. Also read Finer Timing of the MoonTides,
and Trading The MoonTide Rainbow.
________________________________________________________________
all times given are Eastern
The past two weeks have seen a drop in volatility.
Consider taking smaller profits ( 3 to 5 pts) until volatility picks up.
Today:
Uranus : 896 -high
Saturn : 885 -close
Win2Day:
09:49 near 10:24 bought 893.50 covered 894 on
stall at 440 for +.5
then sold 892 covered on stall 888 for +4
12:54 near 12:49 sold 888 stopped 885 for +3
14:45 near 14:09 sold 884 when repelled by 440
covered on stall for 0 at 14:40
then near 15:03 resold 883.5 on rally failure
covered on stall for +.5
************************************************
Strategy:
(this, a simple chart, and the Standing Instructions
are all you really need to trade)
be careful about making things up - if there is no juice, don't jump
Remember, *********** chaos follows dullness !!!!!!!!!!
In this volatile market, the standing instructions still work, except
that the stop often has to be doubled - use 6 points, or just under(over)
the last swing low (high)
Another guide is to use a 55 minute EXMA as a stop guide
Note: I've made some modifications to the standing
instructions for volatile markets.
9/9/2008 addition: See the new GO BIG rule and review
http://moneytide.com/hans/cc09092008.asp
Tomorrow:
Moon trines Sun and Uranus
<***> MoonTide Times and Trade Times<***>
For trade times before 11:00, be sure to use EXMA's that include data from
8:15 Eastern
Normal Rules ( as published on daytrading forecasts.com in the tutorial):
These fit a Trend or Trend continuation scenario, identified by prices
trading within a couple of points of the 110 minute EXMA, taking profits
on a 12 point range.
1. Watch for the opportunity to go with the trend or change in trend at
the time(s) given.
Be alert for the turn coming early or late.
Be patient and use
the tracking indicators. Plan to trade in the direction of the 110
EXMA coming out of that time frame.
Prices should stay on one side of the 110 EXMA and it
should be moving, or curl up or down from a flat position. Prices should
be within about 2 points of the 110 EXMA.
The 20 minute
EXMA should have crossed the 110 EXMA, or moved toward it and then pulled
away from it.
When this setup is clear, enter in the direction of the 110
EXMA with a 3 point stop. *** in volatile markets this may need to be 6 points
If each setup is not clear 60 minutes after the given time, skip the
trade.
2. Move the stop 1 point each 30 minutes. If the market moves decently, trail it by 3 points ( 6 points in volatile markets).
3. Cover on a 5 point gain**, 90 minutes after entry , at the next Tide
turn , or if the prices clearly recross the 110 minute EXMA.
** see fast move rule and stall rule
**********************************************************************
**FAST MOVE RULE
If the trade gains 3 points within 30 minutes of entry, press the stop,
using the 20 EXMA as a guide to
move the stop to the low or
high of each pullback
(normally about 15 minutes long)
once the move makes a new high or low. Cover any gain of 9* points.
*It is OK to use the fast stop rule if a trade starts fast, but to then
cover at +5 or +4 if it slows or stalls
*** Stall rule:
Cover any trade that stalls for more than 45 minutes
*** Carry through rule
If you are in a trade that is working well, if is OK to carry through the
next Tide turn
*** GO BIG rule:
if morning is a big move (>12 points ), and midday is a congestion
or pullback, and the last trade of the day sets up near 2:00, a move
greater than 9 points may be captured using the technique illustrated at
http://moneytide.com/hans/cc09092008.asp
