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Lines Rule!


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#1 iloli way

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

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Posted 05 August 2011 - 12:04 PM

After yesterday's close, tried hard and found these lines as next support, barely found I thought.
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This chart is half hour ago! Where is price at posting time now? Check the timestamp.
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

#2 arbman

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Posted 05 August 2011 - 12:10 PM

I had similar thoughts, 1195 ES Aug 5th calls (expiring today), all 5000 contract almost exclusively traded by me :) I am having a blast in my vacation :lol: I think I will need another vacation from this vacation...

#3 redfoliage2

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Posted 05 August 2011 - 12:30 PM

I had similar thoughts, 1195 ES Aug 5th calls (expiring today), all 5000 contract almost exclusively traded by me :)

I am having a blast in my vacation :lol:

I think I will need another vacation from this vacation...


I jumped in with futures with selling covered calls..................

Edited by redfoliage2, 05 August 2011 - 12:33 PM.


#4 iloli way

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

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Posted 05 August 2011 - 12:33 PM

I had similar thoughts, 1195 ES Aug 5th calls (expiring today), all 5000 contract almost exclusively traded by me :)

I am having a blast in my vacation :lol:

I think I will need another vacation from this vacation...

Truly happy for you arb!
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

#5 arbman

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Posted 05 August 2011 - 12:40 PM

Your avatar is really cool...

#6 iloli way

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

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Posted 05 August 2011 - 01:21 PM

Intrady 1-min update. I guess bots still have programs using patterns...see two IH&S there?
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Yea, me like too, wish it's bigger, but sort of seeing "iloli" letters in it....he!

Edited by iloli, 05 August 2011 - 01:23 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

#7 arbman

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Posted 05 August 2011 - 01:28 PM

Funny I have exactly the same lines on my screen...

#8 iloli way

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Posted 05 August 2011 - 01:43 PM

Funny I have exactly the same lines on my screen...

That's good, but should I rebuild my firewall? :P

Well, first attempt of Red line BO was a fail, now prices coiled up in btween red and blue lines in Symmetric Triangle, favors continuation normally.

Edited by iloli, 05 August 2011 - 01:48 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

#9 arbman

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Posted 05 August 2011 - 02:25 PM

Weekly index options are expiring today favor an expiration around ES 1290-1295...

#10 iloli way

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Posted 05 August 2011 - 03:55 PM

Weekly index options are expiring today favor an expiration around ES 1290-1295...

Arb, you missed by 102.25! What a BLASTIKA week! Enjoy! B)
Posted Image

Edited by iloli, 05 August 2011 - 04:01 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