Aliassmith Beats a "Dead Horse"

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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Fri Feb 20, 2015 3:32 pm

seedling wrote:volnmar, first page of this thread...

aliassmith wrote:Now the market is eliminating profits and we have Zero Lines.

A zero line is a horizontal line or area where you believe other traders
are still sitting with profit.

---------------------------------------------------
MO gem:
"Zero Lines do not signal trades!

Their purpose is to determine direction and areas where there is a low chance of draw down. "
---------------------------------------------------
A ZL can create a form of S/R and as any good trader knows, you trade
long from Support and short from Resistance.

A ZL also seems to create that Support becomes Resistance affect and vise
versa.

So far that is how the MO-isms are put together in my mind.

There are still more....


Draw them manually, rely on indicators at your own peril..

Also we can end up on ignore lists if not careful, don't derail the thread..


Like beating a dead horse.

a ZL is any line in a mighty zone.
Next question "what is a mighty zone"
ugh, ugh, ugh, #-o
Trade Your Way as Long as It Makes Money!

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Captain Pugwash
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Re: Aliassmith Beats a "Dead Horse"

Postby Captain Pugwash » Fri Feb 20, 2015 3:35 pm

Its a great shame espip is no longer around to answer these eternal questions

His answers may have been really.............entertaining :roll:
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

dchappy
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Re: Aliassmith Beats a "Dead Horse"

Postby dchappy » Fri Feb 20, 2015 5:17 pm

Razor wrote:Fantastic stuff - love ZLs.

Razor.......nice to see you still around.. =D>

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Re: Aliassmith Beats a "Dead Horse"

Postby Razor » Fri Feb 20, 2015 6:25 pm

dchappy wrote:
Razor wrote:Fantastic stuff - love ZLs.

Razor.......nice to see you still around.. =D>


Still alive and kicking 8)

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Re: Aliassmith Beats a "Dead Horse"

Postby Razor » Fri Feb 20, 2015 8:16 pm

Late Friday afternoon ZL scalp - nice weekend everyone.
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Re: Aliassmith Beats a "Dead Horse"

Postby Razor » Fri Feb 20, 2015 9:03 pm

Price was nice enough to come down to the lower ZL line that you could see drawn on my chart from earlier and provide a nice little end to the week :shock:
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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Fri Feb 20, 2015 9:18 pm

Razor wrote:Price was nice enough to come down to the lower ZL line that you could see drawn on my chart from earlier and provide a nice little end to the week :shock:


Well someone took ZLs by the horns and made
it their own. Good Job! They are what they are
and there are many ways to trade them. :mrgreen:
Last edited by aliassmith on Fri Feb 20, 2015 11:54 pm, edited 1 time in total.
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Re: Aliassmith Beats a "Dead Horse"

Postby Razor » Fri Feb 20, 2015 9:25 pm

aliassmith wrote:
Razor wrote:Price was nice enough to come down to the lower ZL line that you could see drawn on my chart from earlier and provide a nice little end to the week :shock:


Well someone to ZLs by the horns and made
it their own. Good Job! They are what they are
and there are many ways to trade them. :mrgreen:


Agreed, many ways, time frames, etc.

Most important thing they bring to the table is a 'simple' way to observe and gain a feel for price as it moves, up and down, up and down with most times reacting at ZL's.

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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Mon Feb 23, 2015 7:03 pm

Trade Your Way as Long as It Makes Money!

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Re: Aliassmith Beats a "Dead Horse"

Postby v8power » Tue Feb 24, 2015 9:43 am

Hey pro thanks for the heads up on NU, might have to check that out. I mostly like to stick to my bread and butter pairs, but love when a trade sets up on a pair that I can buy twice what I normally can and eats screaming at me that its gonna be a great winner.

Aliassmith how is trading going for you?

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