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.
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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. "
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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,