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1st 2018 Short

Nothing but blue sky ?!

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#51 salam

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Posted 30 January 2018 - 03:33 AM

I wake up to find futures have dropped below the blue 2nd shorting line.

47 point reaction down from Sunday’s high
I'm not sure what my future holds... But I know who holds it.

#52 iloli way

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Posted 30 January 2018 - 12:06 PM

I wake up to find futures have dropped below the blue 2nd shorting line.

47 point reaction down from Sunday’s high

 

yep, last night under my owl-vision 2nd mouse was caught in cookie jar! will take 30+ anytime now we're near the potential neckline rebound...

 

zoom in last chart a close-up view:

 

a55.png


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

#53 salam

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Posted 31 January 2018 - 03:26 AM

I flipped long At the close. 2845-52 looks a good risk reward position short.

Breach of that area suggests retest of ATH by Friday.

Superb charts as always sir
I'm not sure what my future holds... But I know who holds it.

#54 salam

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Posted 31 January 2018 - 06:31 AM

Well Ive closed half my longs from 2823 for 10 overnight points.

 

There is a possibility we washout weak longs in the am, trading down to 2810 area and then rally....its End of month...they gotta keep the weekend feeling frothy with an amazing up January


I'm not sure what my future holds... But I know who holds it.

#55 iloli way

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Posted 31 January 2018 - 08:52 AM

well, bulls are not out of the woods until next purple down wedge line is broken... after 2nd short over this thread is done now.  hope you have enjoyed the art of laws.

 

a64.png


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

#56 salam

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Posted 31 January 2018 - 10:01 AM

Well Im back net short

break of 2830 and  I see a swift 20 point down move.

 

The Art of Laws are alwys enjoyable sir!


Edited by salam, 31 January 2018 - 10:03 AM.

I'm not sure what my future holds... But I know who holds it.

#57 salam

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Posted 31 January 2018 - 11:11 AM

2825 So far so good


I'm not sure what my future holds... But I know who holds it.

#58 salam

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Posted 31 January 2018 - 11:25 AM

closed half of short @ 2826


I'm not sure what my future holds... But I know who holds it.

#59 iloli way

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Posted 31 January 2018 - 03:46 PM

 

I wake up to find futures have dropped below the blue 2nd shorting line.

47 point reaction down from Sunday’s high

 

yep, last night under my owl-vision 2nd mouse was caught in cookie jar! will take 30+ anytime now we're near the potential neckline rebound...

 

zoom in last chart a close-up view:

 

a55.png

 

 

"Line/ Pattern posted is my trade."

 

rebounded exactly at the neckline...

 

a66.png

 

a67.png


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





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