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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
Today
green +Tide
Node set the high
Thne congested all day on Mercury oppose Chiron/Neptune
Win2Day:
09:51 near 9:51 sold 1114 covered 1109 for +5 -fortunately my
initial stop was 1119
11:50 near 12:11 bought 1111 stopped 1109 for -2
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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 !!!!!!!!!!
Tomorrow:
Two Moon Day-can be volatile and one way or Moon-Noon-Moon
Moon separting from conjoinun Chiron/Neptune, and opposing Mercury
<***> 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
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**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
