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Squeezing Oil & ES

the same SQUeeeZZa time?

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#1 iloli way

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Posted 22 January 2016 - 09:34 AM

Crude%2BOil%2528Monthly%2529201601220623


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#2 iloli way

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Posted 22 January 2016 - 09:52 AM

Realtime quick check, squeeze started same Jan 20 9AM time for both.

 

VST target shouts: "I'm COMING!" so take some pocket money first always good...

ES retracing my 1894.25 line

 

Crude%2BOil%252830%2BMinutes%25292016012

 


S%2526P%2B500%252830%2BMinutes%252920160

 

 


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 K Wave

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Posted 22 January 2016 - 10:02 AM

My best guess is crude stops short of 32 and then final wave down to 25 or below....above 32, possible that bottom already in....

 

A close under 31 today would likely get next down move under way....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4 K Wave

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Posted 22 January 2016 - 11:15 AM

Crude on the verge of rollover here.....it it does, next leg down could get under way soon....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#5 K Wave

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Posted 22 January 2016 - 11:20 AM

holds at the edge...pivot set now...if it gets broken, should be down we go....

 

above today's high now, and bull may have more in the tank than I thought...


Edited by K Wave, 22 January 2016 - 11:30 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#6 iloli way

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Posted 22 January 2016 - 11:25 AM

Squeeze felt like bear hug - strong!

 

See my ES 1838 thread, BO felt real this time.

 

I trade my lines on chart, not news or noise or feeling anyway, period


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

#7 iloli way

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Posted 22 January 2016 - 11:33 AM

i'll give this V turn in bigger pic a few days


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 22 January 2016 - 12:46 PM

 

the same SQUeeeZZa time?

 

It's in this chart below that was posted 1/20/16: http://www.traders-t...-1838/?p=739372

 

S%2526P%2B500%25285%2BMinutes%2529201601


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 22 January 2016 - 03:30 PM

BINGO!

Target just got taken out.

 

VST profit taking on peak of a rising wedge is not hard to expect, but...

 

when you see a local bull flag forming during this pull back, watch out for new BO!

 

Crude%2BOil%252830%2BMinutes%25292016012


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 mss

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Posted 23 January 2016 - 12:40 PM

Realtime quick check, squeeze started same Jan 20 9AM time for both.

 

VST target shouts: "I'm COMING!" so take some pocket money first always good...

ES retracing my 1894.25 line

 

Crude%2BOil%252830%2BMinutes%25292016012

 


S%2526P%2B500%252830%2BMinutes%252920160

 

 

Just my $.02 worth, I have a loose range of recharging 1910-1940 and then a break of 1800 to around 1600. Then we see---

 

Oil going down, when ??        it will go down.

 

I enjoy your work, best to you.

mss


Edited by mss, 23 January 2016 - 12:42 PM.

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