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#1 iloli way

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Posted 29 September 2015 - 09:28 AM

Based on RUT futures:

This MONTH OLD BEAR FLAG BREAKDOWN IS MAJOR!

Sell the BD, add short to pops, all in the law book of LOL.

More so, keep profit running of that Orange Rejection Short issued last Wed Sep 16.

See the RUTten Orange Horizontal Line at the Flag Pole Base? That's the Target.

http://www.traders-t...?...st&p=731549


RUTten Orange Flag Pole Base Target CONSIDERED MET!!!

Rejection Short covered at 1089, reversed to Long, stop at orange target, for swing to next upper TLs.


If Orange Target lost to more selling, next target Purple Line.

Will post charts later.

Edited by iloliway, 29 September 2015 - 09:36 AM.

PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton

#2 iloli way

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Posted 29 September 2015 - 09:51 AM

5-hour:
Posted Image

30-min:
Posted Image

1-min:
Posted Image

Charts taken within 10 mins of last posting.

Good luck!
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton

#3 iloli way

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Posted 29 September 2015 - 10:00 AM

Checked my lawbook per ES chart shown:

In that order, around 1909, 1900, 1870, 1845, and 1830. That covered whole course of bear flag BD, don't mean all will be reached, or limited only to these.


Posted Image

ES Chart taken 4 mins ago.
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton

#4 iloli way

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Posted 29 September 2015 - 10:03 AM

This thread is an update and continuation of: ON THE BRINK
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton

#5 dougie

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Posted 29 September 2015 - 12:08 PM

Kudos Tell us when you go long !

#6 uburack

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Posted 29 September 2015 - 12:16 PM

Kudos
Tell us when you go long !


Yes, please do. I've been perfectly in synch until now, went 25% long a tad early and now it feels like no man's land. Even though I show RUT extremely oversold, it could take another couple day or twos to bottom but where and when?!?!?.
John 21:6 And he said unto them, "Cast the net on the right side of the ship, and ye shall find". They cast therefore, and now they were not able to draw it for the multitude of fishes.

#7 iloli way

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Posted 29 September 2015 - 12:33 PM

Kudos
Tell us when you go long !


Yes, please do. I've been perfectly in synch until now, went 25% long a tad early and now it feels like no man's land. Even though I show RUT extremely oversold, it could take another couple day or twos to bottom but where and when?!?!?.


Posted Image

Chart shot 3 mins ago,...
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton

#8 iloli way

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Posted 29 September 2015 - 01:26 PM

Only REAL BO can trigger... look out for 2nd mouse bull flag bo.

Posted Image

Shot 5 mins ago...
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton

#9 iloli way

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Posted 29 September 2015 - 04:00 PM

Last '2nd mouse bull flag' BO'ed 3 mins after I posted.

Only to be slammed back right along the 'need to be BO'ed for LONG' line.

These are very reliable lines for 1-min time frame, ever since I posted them 3.5 hours ago.

Now, after-hour still hugging the upper line of '2nd mouse bull flag'.

Need a real BO to confirm a long.

Posted Image

Edited by iloliway, 29 September 2015 - 04:02 PM.

PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton

#10 iloli way

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Posted 29 September 2015 - 04:07 PM

So far, the 5-hour manged to close above the horizontal Target Line, so bounce has good chances.

Posted Image

Chart shot 3 mins ago...
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton