140 replies to this topic

[iloli way]

In case you wondered how the lower Blue Rising Wedge TL transformed into parallel TL, here's the 'missing link' posted 7/24 in F/F:
http://www.traders-t...mp;#entry627430


And the 8/2 intra-day turn-around reversal bounce, not just a Hammer and an Engulfing on hourly candles that giving the signal as shown above; it was a rebound right off of the former Blue Rising Wedge's lower TL ! Thought that line nolified? Nope, not until it was used one last time again, and again..., and... (see the Light Blue Line? find it in 2nd chart connecting June low 1262,55 and July low 1319.95 !)




Friday 8/3 last few minutes, ES broke out a local setup 1387.45, gives an OK for longs to stay over weekend, posted last Fri in blog: http://iloliway.blog...ter-1pm-to.html


And over night Sunday~Monday it rebounded hard on 1387.45, no pun intended...

[iloli way]

Follow-up on Hourly series:



And 5-hourly target update:

[iloli way]

Targets up to date:

[iloli way]

First try was a no go, see how precise "The Wall" functioning ?

http://www.youtube.c...feature=related

How about next try? "The Wall" was down eventually in real world, DAX is not part of it?





I'm on vacation right now, won't post any until the ES Blue TL target is reached; or rejected and the Green line breaks down.

[davewooldridge]

Loli been trying to access blog and it won't load. Is it still up ? Thanks. Dave

[iloli way]

Loli been trying to access blog and it won't load. Is it still up ? Thanks. Dave

Don't know why yours won't load, viewing stats above normal, haven't heard any complaint. I only upgraded to Blogger's newer template for easy accessing of historic posts, it's very cool. Try again, esp if you use other browser than chrome, empty cache may help.

Just updated charts there, since my BLUE TARGET aiming all along was hit and run, and now the GREEN LINE was hit and bounced this morning...so LINE RULES! again. (i'm still on vacation)

[iloli way]

The canary for bullish miners is still singing...


And the King is choosing his poignant crossroads by searching memories...

Can it be that it was all so simple then
Or has time rewritten every line
If we had the chance to do it all again, tell me, would we, could we

Memories may be beautiful and yet
What's too painful to remember we simply choose to forget
So it's the laughter (LOL!) we will remember
Whenever we remember the way we were.

Lyrics by Barbra Streisand are provided for educational purposes only

[iloli way]

The daily canary had died today. Miners know what to do.


The swing between hourly crossroads remains highly volatile. Decisive choice by King Price needs more follow through in one direction, and stop swinging.


DAX daily updated from last time "NO BO" with potential replay of one more H&S adding to historic ones.


Back on my vacation...

[iloli way]

It's time to bring back ALL THE LINES into picture, prompted by this labor day shorten session of Revival Of Daily Canary:

[iloli way]

TODAY, BOTH DAX AND ES CAN NOT CLOSE DAILY CANDLE ABOVE GREEN LINE FOR FIVE DAYS IN A ROW. GREEN LINE RULES!