Jump to content



Photo

PURPLE GAP


  • Please log in to reply
55 replies to this topic

#11 iloli way

iloli way

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

  • TT Member*
  • 4,028 posts

Posted 21 October 2015 - 12:16 AM

Cash

Thank you

I'll start with a daily first, back to end of 2014.

Very interesting, well defined structural patterns and better predictable results - characteristic?

Posted Image
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

#12 iloli way

iloli way

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

  • TT Member*
  • 4,028 posts

Posted 21 October 2015 - 02:19 AM

Now, the hourly, same basic structure as daily but it does have own details.

Right now at the brink of either BO upward (blue arrow) over the BLUE line (also C&H); then all the horizontal lines above would be targets; and each slopping lines extension would be interacting when price meets them.

Or, BD under (purple arrow) the PURPLE line (bearish channel) then the bottom horizontal 9319 would be the target.

Posted Image
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

#13 iloli way

iloli way

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

  • TT Member*
  • 4,028 posts

Posted 21 October 2015 - 02:55 AM

Futures rallying overnight but well contained within an immediate BEAR FLAG formation.

Load up futures S&P, SmallCap, or yesterday's cash close 15-min charts, and see yourself.

Bearish tilt flags are dominating the so called "side-way" moves. It's really not side way but actually bearish tilt flag.

Morning's regular hours will see some real directional break, but as of I'm writing now, STILL BEARISH !!!
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

#14 salam

salam

    Member

  • Traders-Talk User
  • 1,579 posts

Posted 21 October 2015 - 03:23 AM

Futures rallying overnight but well contained within an immediate BEAR FLAG formation.

Load up futures S&P, SmallCap, or yesterday's cash close 15-min charts, and see yourself.

Bearish tilt flags are dominating the so called "side-way" moves. It's really not side way but actually bearish tilt flag.

Morning's regular hours will see some real directional break, but as of I'm writing now, STILL BEARISH !!!



Thank you very much for sharing!

I've bookmarked this thread and hop it updates

salam
I'm not sure what my future holds... But I know who holds it.

#15 relax

relax

    Member

  • Traders-Talk User
  • 2,224 posts

Posted 21 October 2015 - 04:48 AM

Interesting stuff ;-) Thank you again

#16 iloli way

iloli way

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

  • TT Member*
  • 4,028 posts

Posted 21 October 2015 - 10:58 AM

Futures rallying overnight but well contained within an immediate BEAR FLAG formation.

Load up futures S&P, SmallCap, or yesterday's cash close 15-min charts, and see yourself.

Bearish tilt flags are dominating the so called "side-way" moves. It's really not side way but actually bearish tilt flag.

Morning's regular hours will see some real directional break, but as of I'm writing now, STILL BEARISH !!!



Thank you very much for sharing!

I've bookmarked this thread and hop it updates

salam



Posted Image :lol:
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

#17 iloli way

iloli way

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

  • TT Member*
  • 4,028 posts

Posted 21 October 2015 - 11:27 AM

VST, red megafon could see another very limited advancing up-leg.

IT term, the two-month-old "KEEP OFF!" green downtrend line
is still enforcing its authority, fact is respectably undeniable rooting for my short.


4 DAYS LATER... LET CHART SPEAKING FOR SELF

Posted Image
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

#18 iloli way

iloli way

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

  • TT Member*
  • 4,028 posts

Posted 21 October 2015 - 12:38 PM

Cash RUT finally cracked big time; it never closed above my Green Line.

Need to see EOD staying down.

APPROACHING PURPLE GAP IN HIGH SPEED now as I type!

Posted Image

Edited by iloliway, 21 October 2015 - 12:40 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

#19 iloli way

iloli way

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

  • TT Member*
  • 4,028 posts

Posted 21 October 2015 - 01:08 PM

ES just cracked the 15-min "Bearish Tilt" flag I stressed last night and joining RUT.

Back testing also caused this upthrust - only to form another local 1-min bear flag, so expecting more down.

OK, I have to go out again, be back tonight.

Posted Image

Edited by iloliway, 21 October 2015 - 01:13 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

#20 iloli way

iloli way

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

  • TT Member*
  • 4,028 posts

Posted 21 October 2015 - 03:13 PM

Check in from mobile. 1min bear flag turned into inverse sickle, so more power to bears. Current local bear flag again, break down LOD? More about longs liquidating now, than about short squeezing at this juncture.
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