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#21 iloli way

iloli way

    iloli = I'm Laws Of Line's I(eye)

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Posted 01 October 2015 - 09:06 AM

will do and thanks

The beauty of using futs and LOL is you know exactly what (not why) is price doing, while others either clueless or panicking.

First "upper TL" - Light Blue - BO'ed in AHs and HIT a wall of Purple Line overnight, then follow the law of BO - better backtest the BO line - and here we are in ES. Chart taken 18 mins ago when backtest begun... will know the results later of course.

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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

#22 iloli way

iloli way

    iloli = I'm Laws Of Line's I(eye)

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Posted 01 October 2015 - 09:26 AM

Many LOL I learned over the years of trading, here's one of them. I keep saying that I constantly watching out for NEW LINE(s) to show up.

Well this Purple Line is a good example what Price is giving us on her GPS that we must spot on updating.

One line at a time, no matter you are in which bias camp in your small/large timeframe, there are always lines to guide you, now we have a new formidable line for both up and down traders, its name is Purple of ES 5-hour (not RUT).

:lol:

Edited by iloliway, 01 October 2015 - 09:35 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

#23 iloli way

iloli way

    iloli = I'm Laws Of Line's I(eye)

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Posted 01 October 2015 - 01:09 PM

Target of this reversal long, in opening post "Based on RUT futures", is "for swing to next upper TLs".

In the order of how I posted charts: 5-hour, 30-min, and 1~5min, all considered have met their targets.

Half profit was taken at the target-met, and the other half was placed by a stop at BE (up from original Orange target); just to justify this feeling of an IT turn bottom was in.

At this very moment, a REAL BATTLE is being fought ferociously over my (the) initial 'BO to Long' price level of 1077 (TNA 56.21). -- When this price level is gone, I will be out the rest half at BE. -- When this level hold and rebounded, I'll add back to a full Long.

That's how pivotal we are at.

All my charts will be updated EOD.; so hopefully I can open another new thread "IT TURNED" as mentioned in my last post of last thread.

Keep :lol: , especially trading like today.
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

#24 iloli way

iloli way

    iloli = I'm Laws Of Line's I(eye)

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Posted 01 October 2015 - 01:41 PM

C'mon! If you say ah can't read chart, then how/what do you trade on?!

Compare the charts I posted in the beginning of thread to the charts I will post at EOD, that's the least decency you could have shown to me for me to even keep on posting here.

I post for you not for me; just remember that.

Ah-ha, only if S&P can stand above the Light Blue Line at EOD... then we can make effort and say we'll see to it that new kid in town 'Purple' be blown away like a straw... jacket!

:lol:

Edited by iloliway, 01 October 2015 - 01:43 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

#25 iloli way

iloli way

    iloli = I'm Laws Of Line's I(eye)

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Posted 01 October 2015 - 10:25 PM

Let charts do the talking, time stamped EOD.

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ES:

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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

#26 iloli way

iloli way

    iloli = I'm Laws Of Line's I(eye)

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Posted 01 October 2015 - 10:43 PM

AH trading current charts, at my EOD:

RUT 5-hour pulled out its own Purple Line with this last stick withdraw, now isn't that SPECIAL ?! :lol:

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30-min just hit the 'upper TL' and pulled back. :lol:

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5-min just fell back asleep on the 1st hurdle just crossed. :lol:

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ES shied away from new kid Purple... at least we know the results for now that the Light Blue was backtested bulls win, lets see how they all do tomorrow, I had enuf laugh today. :lol:

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Edited by iloliway, 01 October 2015 - 10:52 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

#27 iloli way

iloli way

    iloli = I'm Laws Of Line's I(eye)

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Posted 02 October 2015 - 08:57 AM

Just tell it is, a bull flag.

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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

#28 iloli way

iloli way

    iloli = I'm Laws Of Line's I(eye)

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Posted 02 October 2015 - 09:53 AM

Refined bull flag, no time to post newest, 30mins ago, it BO'ed btw.

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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

#29 iloli way

iloli way

    iloli = I'm Laws Of Line's I(eye)

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Posted 02 October 2015 - 11:41 AM

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Bulls need to blow new kid Purple out of water in both ES/RUT 5-hour.

It's a WINDY DAY !!!

Meant "c n h".

Edited by iloliway, 02 October 2015 - 11:43 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

#30 iloli way

iloli way

    iloli = I'm Laws Of Line's I(eye)

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Posted 02 October 2015 - 11:52 AM

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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