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PURPLE GAP


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#31 iloli way

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Posted 22 October 2015 - 11:27 PM

The Blue Bear Flag and Purple BD Channel in this cash 15-min chart, I can give to bulls.

Break out above RED C&H, then the bears are toast.


Cash closed RIGHT ON the Purple BD Channel (or, downward broadening wedge) !!! thanks to final few minutes RAMP! :lol:

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PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
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#32 iloli way

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Posted 22 October 2015 - 11:32 PM

Futures at posting time right now: we've seen that movie too, lets see what tomorrow brings...

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Edited by iloliway, 22 October 2015 - 11:42 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

#33 iloli way

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Posted 23 October 2015 - 10:37 AM

Two hours into open, seen wild swings, but NO critical line broken!

I do have one question:

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: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

#34 iloli way

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Posted 23 October 2015 - 10:47 AM

Why wait for everyone to call it?

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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

#35 iloli way

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Posted 23 October 2015 - 11:13 AM

Back to cash 5-min, close up look at "Blue Bear Flag and Purple BD Channel", now adding RED rising WEDGE with target.

Ms. Price morphing all the time, but this is what it is now.

See how each line exercising its rule we can use.

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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

#36 iloli way

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Posted 23 October 2015 - 11:40 AM

After double check, noticed I misplaced my entry point of TZA on cash, just a bit, confusing with futures, here is the correct one if you even care but I do, anyway...

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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

#37 iloli way

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Posted 23 October 2015 - 01:17 PM

FUTURES, CHART OF THE DAY: I prefer BLUE :P

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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

#38 csw2002

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Posted 23 October 2015 - 11:40 PM

FUTURES, CHART OF THE DAY: I prefer BLUE :P

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Am I correct that you are reading it as a false breakout out of the channel?
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#39 iloli way

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Posted 25 October 2015 - 01:55 PM

FUTURES, CHART OF THE DAY: I prefer BLUE :P

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Am I correct that you are reading it as a false breakout out of the channel?

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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

#40 iloli way

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Posted 25 October 2015 - 02:02 PM

This Blue Fan is still working for Bears.

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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