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#11 iloli way

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Posted 17 May 2016 - 09:29 PM

 

3 may be a charm, Rule of Four BO/BD is followed by most pro traders/robots/hfts.

 

They chose RO4 BD - right on down the line!   (Dunk Zone like Iron Ceiling)

 

Orange line/arrow now bounced one more chance for Bulls!

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PRICE IS KING, LINE RULES! - Laws Of Line (LOL) Trading Systems
Pure price work needs no indicators. Line/ Pattern posted is my trade. Between my English grammar and my TA, only one of them allowed wrong! -- 愛樂利威

Investing.com chart time in PST; Worden chart time in EST

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#12 iloli way

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Posted 17 May 2016 - 09:43 PM

...and bulls chance's getting slimmer every day once the NECKLINE got BD; then bears will love to repeat history.

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PRICE IS KING, LINE RULES! - Laws Of Line (LOL) Trading Systems
Pure price work needs no indicators. Line/ Pattern posted is my trade. Between my English grammar and my TA, only one of them allowed wrong! -- 愛樂利威

Investing.com chart time in PST; Worden chart time in EST

Swing Those Lines

#13 iloli way

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Posted 18 May 2016 - 04:12 AM

Just about to hit my sack, ...can't help to amaze how night-monkeys are pulling the SAME local bull-flag (in purple), based on the bounce off of Orange line/arrow last posted right now, as the one in last Sunday night off of blue line/arrow... purpose of my posting here are ingrained in part of 'what I did not post, but seen by your long term trained eyes' too.

 

So do you see that as well? (Zoomed-in of same hourly chart @ PST 2AM)

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Edited by iloli way, 18 May 2016 - 04:18 AM.

PRICE IS KING, LINE RULES! - Laws Of Line (LOL) Trading Systems
Pure price work needs no indicators. Line/ Pattern posted is my trade. Between my English grammar and my TA, only one of them allowed wrong! -- 愛樂利威

Investing.com chart time in PST; Worden chart time in EST

Swing Those Lines

#14 relax

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Posted 18 May 2016 - 07:52 AM

has it morphed into something new as it made a new low or is the local bull flag still valid..



#15 iloli way

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

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Posted 18 May 2016 - 08:47 AM

has it morphed into something new as it made a new low or is the local bull flag still valid..

a hockey stick?

 

ahh...too early , wake me up n tell me later wilya thnx ..yes.gif

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PRICE IS KING, LINE RULES! - Laws Of Line (LOL) Trading Systems
Pure price work needs no indicators. Line/ Pattern posted is my trade. Between my English grammar and my TA, only one of them allowed wrong! -- 愛樂利威

Investing.com chart time in PST; Worden chart time in EST

Swing Those Lines

#16 iloli way

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Posted 18 May 2016 - 02:59 PM

 

has it morphed into something new as it made a new low or is the local bull flag still valid..

a hockey stick?

 

ahh...too early , wake me up n tell me later wilya thnx ..yes.gif

S%2526P%2B500%2528Hourly%252920160518063

 

 

good, no one woke me up, so I have had a great sleep, woke up naturally.

 

relax, so that was a 'hockey stick' - prolonged purple bull flag with a long handle given by yesterday's plunge - talked many times it's a very bullish pattern.

 

after I posted last one, first it BO the flag and went up 20, if you have quick fingers, got out b4 a huge dump what the hec happened anyway, you pocketed it.

 

now 2 mins to closing cash market, i'll post the EOD chart soon, wild like this gald i've slept thru LOL!


PRICE IS KING, LINE RULES! - Laws Of Line (LOL) Trading Systems
Pure price work needs no indicators. Line/ Pattern posted is my trade. Between my English grammar and my TA, only one of them allowed wrong! -- 愛樂利威

Investing.com chart time in PST; Worden chart time in EST

Swing Those Lines

#17 iloli way

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

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Posted 18 May 2016 - 07:45 PM

Opening actions went along with purple bull flag posted at 2AM, up 20pts until Fed's smack-down. Prices down to the ever extended, but not-broken lower 'slanted' purple line. Then...boldly bounced from it, refuse to go under all day.

 

{btw, relax, I used to too, seeing a 'new low' or BD of Orange line, but missed to see the more important Purple line extending and doing the catch-falling-knife stunt! It's because our old way of treating price as 'leveled line' as we'd talked about in my last topic thread}

 

This has reinforced the Purple 'hockey stick' (I saw it at 6:34 barely managed to post it before back to sleep again) perhaps to embolden more Risk Seekers to try to squeeze out a complicated Right-shoulder before "?June hike?"; before a real new-low correction can happen. Keep eyes on my Dunk Zone - coming or going...

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Updating Daily: It's clearly diferent in today's (green arrow) bounce from the NECKLINE, versus previous two BD breakdown (red arrows) of it.

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PRICE IS KING, LINE RULES! - Laws Of Line (LOL) Trading Systems
Pure price work needs no indicators. Line/ Pattern posted is my trade. Between my English grammar and my TA, only one of them allowed wrong! -- 愛樂利威

Investing.com chart time in PST; Worden chart time in EST

Swing Those Lines

#18 relax

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Posted 19 May 2016 - 04:05 AM

caught between orange and purple now ;-)



#19 iloli way

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Posted 19 May 2016 - 08:58 AM

caught between orange and purple now ;-)

 

Well, from now on the most critical BD line is Daily NECKLINE !!  and of course my dunk zone.

 

For our near-sighted quick-tempered fellas, yesterday's plunge provided another set of red pole & bull flag...trust no one but self ;)

 

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PRICE IS KING, LINE RULES! - Laws Of Line (LOL) Trading Systems
Pure price work needs no indicators. Line/ Pattern posted is my trade. Between my English grammar and my TA, only one of them allowed wrong! -- 愛樂利威

Investing.com chart time in PST; Worden chart time in EST

Swing Those Lines

#20 iloli way

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Posted 19 May 2016 - 09:03 AM

Sounds like OJ just jumped the fence!

 

If this is like Jan that it closed back above neckline, it already opened the door for further breakdown to come in near future...

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Edited by iloli way, 19 May 2016 - 09:08 AM.

PRICE IS KING, LINE RULES! - Laws Of Line (LOL) Trading Systems
Pure price work needs no indicators. Line/ Pattern posted is my trade. Between my English grammar and my TA, only one of them allowed wrong! -- 愛樂利威

Investing.com chart time in PST; Worden chart time in EST

Swing Those Lines





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