Aliassmith Beats a "Dead Horse"

[aliassmith]

What is the conceptual idea of the zline?

It is a point/price where buyers bought.
Price moves into profit.
Price returns back to the point where the buyer bought.
At this point in time the buyers are sitting with zero profit.

At face value it is merely a break and retest.
Most of these zero lines/break out points are returned to at some point.

This is the basis of orderflow, price moves up until sellers outnumber the buyers, price moves down until the buyers outnumber the sellers.
The orders tend to clump at the candle extremes. It can be observed on any timeframe. it is influenced by Stop Losses being placed at or near the break even price.

The edge comes from the high percentage of times price is rejected from the zero lines. We don't know how far price will reject only that much of the time it will reject and seek liquidity.

Note: If you believe in the 1 algo rules everything like ICT then none of this will make sense.

Friggin "I am the Algo" ICT.

Bahahahahahaah,

Yeah, he's the Algo alright, Cuz he is HUMAN>.

Charts been the same since they started putting them on paper. Doesn't matter if 90% of all trading is done by computers (OR MORE).
Humans did that $hit, and it's easy to take money from humans.

99% of all people who get jumped by multiple assailants will curl up in a ball. Sure Death.
99% of all people flinch or put up their arm when something swings at them. (drunks need not attempt this, gonna get whacked in the face). LOL

Human nature is the Algo.

Also, like I've said before. A newbie walks into a BJJ Dojo, he's toast. Everything he does is backwards to survival.
Newbie opens charts? It's a sure financial suicide.

Being risk averse is scared money and scared money ain't making any money at all, that's for sure.

Then steps in all the traders beliefs that were programmed into them as a child. Reinforced as adults and it's a BIG bag of Diks. LOL

Well, if you say that and use rich uncle then it runs contrary to what you're saying, no?

Also, who says scared money ain't making money at all?

Alias: say what?

What

[Don_xyZ]

Friggin "I am the Algo" ICT.

Bahahahahahaah,

Yeah, he's the Algo alright, Cuz he is HUMAN>.

Charts been the same since they started putting them on paper. Doesn't matter if 90% of all trading is done by computers (OR MORE).
Humans did that $hit, and it's easy to take money from humans.

99% of all people who get jumped by multiple assailants will curl up in a ball. Sure Death.
99% of all people flinch or put up their arm when something swings at them. (drunks need not attempt this, gonna get whacked in the face). LOL

Human nature is the Algo.

Also, like I've said before. A newbie walks into a BJJ Dojo, he's toast. Everything he does is backwards to survival.
Newbie opens charts? It's a sure financial suicide.

Being risk averse is scared money and scared money ain't making any money at all, that's for sure.

Then steps in all the traders beliefs that were programmed into them as a child. Reinforced as adults and it's a BIG bag of Diks. LOL

Well, if you say that and use rich uncle then it runs contrary to what you're saying, no?

Also, who says scared money ain't making money at all?

Alias: say what?

What

[Don_xyZ]

Hey Alias, exciting stuff.
I will be reading your posts with interest with questions in mind such as orderflow/z lines being identified on the current execution chart only? and how you identify structure/TF etc.
I watched the video Pro referred to from Dave doing structure on 1hr with validated highs and lows, will be interested to see what your version is.

What is the conceptual idea of the zline?

It is a point/price where buyers bought.
Price moves into profit.
Price returns back to the point where the buyer bought.
At this point in time the buyers are sitting with zero profit.

At face value it is merely a break and retest.
Most of these zero lines/break out points are returned to at some point.

This is the basis of orderflow, price moves up until sellers outnumber the buyers, price moves down until the buyers outnumber the sellers.
The orders tend to clump at the candle extremes. It can be observed on any timeframe. it is influenced by Stop Losses being placed at or near the break even price.

The edge comes from the high percentage of times price is rejected from the zero lines. We don't know how far price will reject only that much of the time it will reject and seek liquidity.

Note: If you believe in the 1 algo rules everything like ICT then none of this will make sense.

Friggin "I am the Algo" ICT.

Bahahahahahaah,

Yeah, he's the Algo alright, Cuz he is HUMAN>.

Charts been the same since they started putting them on paper. Doesn't matter if 90% of all trading is done by computers (OR MORE).
Humans did that $hit, and it's easy to take money from humans.

99% of all people who get jumped by multiple assailants will curl up in a ball. Sure Death.
99% of all people flinch or put up their arm when something swings at them. (drunks need not attempt this, gonna get whacked in the face). LOL

Human nature is the Algo.

Also, like I've said before. A newbie walks into a BJJ Dojo, he's toast. Everything he does is backwards to survival.
Newbie opens charts? It's a sure financial suicide.

Being risk averse is scared money and scared money ain't making any money at all, that's for sure.

Then steps in all the traders beliefs that were programmed into them as a child. Reinforced as adults and it's a BIG bag of Diks. LOL

What if that newbie is you and you' have a gun on each hand?

[aliassmith]

A: At the origin price breaks lower than the previous candle. Price returns to the breakout point then moves lower. Price comes back to the zero line/breakout again and rejects from it. Price later returns again, and order flow has flipped.

B: At the origin price breaks higher than the previous group of candle extremes. Price returns then is rejected. Price returns again and is rejected.

[prochargedmopar]

What is the conceptual idea of the zline?

It is a point/price where buyers bought.
Price moves into profit.
Price returns back to the point where the buyer bought.
At this point in time the buyers are sitting with zero profit.

At face value it is merely a break and retest.
Most of these zero lines/break out points are returned to at some point.

This is the basis of orderflow, price moves up until sellers outnumber the buyers, price moves down until the buyers outnumber the sellers.
The orders tend to clump at the candle extremes. It can be observed on any timeframe. it is influenced by Stop Losses being placed at or near the break even price.

The edge comes from the high percentage of times price is rejected from the zero lines. We don't know how far price will reject only that much of the time it will reject and seek liquidity.

Note: If you believe in the 1 algo rules everything like ICT then none of this will make sense.

Friggin "I am the Algo" ICT.

Bahahahahahaah,

Yeah, he's the Algo alright, Cuz he is HUMAN>.

Charts been the same since they started putting them on paper. Doesn't matter if 90% of all trading is done by computers (OR MORE).
Humans did that $hit, and it's easy to take money from humans.

99% of all people who get jumped by multiple assailants will curl up in a ball. Sure Death.
99% of all people flinch or put up their arm when something swings at them. (drunks need not attempt this, gonna get whacked in the face). LOL

Human nature is the Algo.

Also, like I've said before. A newbie walks into a BJJ Dojo, he's toast. Everything he does is backwards to survival.
Newbie opens charts? It's a sure financial suicide.

Being risk averse is scared money and scared money ain't making any money at all, that's for sure.

Then steps in all the traders beliefs that were programmed into them as a child. Reinforced as adults and it's a BIG bag of Diks. LOL

What if that newbie is you and you' have a gun on each hand?

Guess those jiu-jitsu stylist shouldn't have brought their Gee's to a gun fight.

[prochargedmopar]

A: At the origin price breaks lower than the previous candle. Price returns to the breakout point then moves lower. Price comes back to the zero line/breakout again and rejects from it. Price later returns again, and order flow has flipped.

B: At the origin price breaks higher than the previous group of candle extremes. Price returns then is rejected. Price returns again and is rejected.

BrettnChrism always traded "failed Z's" instead of the trend Z. (kinda like a backside TL break). But better.

[prochargedmopar]

Speaking of Z's.
Hahaha,

I'm watching you Mr Z. LOL (and have been since 2008).

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[prochargedmopar]

You'd think I would have quit by now being I haven't been able to use it to make $$.
Imagine the Frog and Crane pic (insert here). hahahahaah

[prochargedmopar]

Z's everywhere. LOL

That can be a problem for some.

If we don't start closing lower, then.......

Screen Shot 2023-06-17 at 11.36.27 PM.png (142.23 KiB) Viewed 770 times

[prochargedmopar]

I'll be jiggered, right on que.
Next Z tap above. LOL

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