30 replies to this topic

[tradesurfer]

iloliway What is your target for sp500 ?

[iloli way]

Checked my lawbook per ES chart shown: In that order, around 1909, 1900, 1870, 1845, and 1830. That covered whole course of bear flag BD, don't mean all will be reached, or limited only to these.

[iloli way]

I use cash chart only as reference to read hourly and above timeframe.

To me cash chart is broken picture, missing all the after market data.

Trade only based on read off of fututres chart.

Now, both Red bull flag and Blue bear flag are broken down!

With a back kiss of current 5-hour stick, see that?

[salam]

I use cash chart only as reference to read hourly and above timeframe.

To me cash chart is broken picture, missing all the after market data.

Trade only based on read off of fututres chart.

Now, both Red bull flag and Blue bear flag are broken down!

With a back kiss of current 5-hour stick, see that?

Nice trading with you on the same page :-)

Nice to build on my post fed trade. Keep up the great work

[iloli way]

Self explanatory, Bullish Blue Channel (for bearish spike), within that are all the Bear Flags marked in red, bears have no panic attacks as bulls having reactionary pain, keep in context okay? good night. (yellow box in chart for consistent reference as that "goosed bump")

[iloli way]

Bearish spike delivered and morphed into a local bull flag.

Larger down channel (red) bullish too. If BO, expect its own bearish spike later.




CONTEXT:

The 5-hour-chart "FLOOR" (now ceiling) of the month-old Major Bear Flag is still open for a back test KISS to seal the BD deal.

Although back-test kiss is NOT mandatory, all BDs are equal under the laws.

Until bulls stand back on floor, all spike-ups are bearish.



Until then,
keep LOL and let profits run

Edited by iloliway, 23 September 2015 - 10:18 AM.

[iloli way]

ES 5-hour last one tonight before sweet ZZZZ...

What a waste!

If as tight and as perfectly lined up bullish wedge like this BLUE one NOT be BO any minute now !?

If it keeps going down on this rarely seen bullish setup, something's terribly wrong beyond comprehension !

[iloli way]

Ahhh...Morning sunrise is glory!



Wish I could say the same for longs while Radio Heart BLOL 92415 is playing a song from ancient time: " Breakout to fakeout, is NOT hard to do... break up to make up thats all we do, first you love me, then you hate me, thats a game for fools..."

Radio Heart BLOL 92415



Enjoy the lines!

[salam]

Ahhh...Morning sunrise is glory!



Wish I could say the same for longs while Radio Heart BLOL 92415 is playing a song from ancient time: " Breakout to fakeout, is NOT hard to do... break up to make up thats all we do, first you love me, then you hate me, thats a game for fools..."

Radio Heart BLOL 92415



Enjoy the lines!

Pattern recognition is so fundamental to good trading.

Ive covered. planning to put in a scalp long soon. If we het the reaction up I'm expecting Ill off load and get back to net short

Its a Loverely Day.....A Lovely day!

[iloli way]

Posted Sep 22 2015, 10:29 AM

In that order, around 1909, 1900, 1870, 1845, and 1830. That covered whole course of bear flag BD...

Well, two targets (in red) have met.

IF I can play these 2 blue TLs PERFECTLY, just might take an interim profit and go long for 'BO of the blue' to start long a bounce closer to 1891. Will see the structure at that time to decide. .

Yep, and still keep stomach empty and eye on the full course meal at end of (my call of) day.

Enjoy your hard work while can, been a pleasure, I think I need a new thread when IT turn comes.