yale student

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aliassmith
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Re: yale student

Postby aliassmith » Wed Jun 19, 2019 3:41 pm

paweldobkowski wrote:
aliassmith wrote:for those watching, Zline are still alive and well
Also I seen this similar pattern forming yesterday at the open.
Risk was $40/contract
Reward was $160/contract 4R
A "responsible" amount of contracts would be no more than
Account size/4000 which is about 1%


i want to add something also
for those who are maybe confused and dont know which way to go
because you see the Zlines but you also see me trading something completely different
its not

zlines are actually very close to what im doing
its order flow basically
its a way to trade TRADERS instead of CHARTS
although it might look like a simple chart pattern
AND YOU CAN TRADE IT AS SUCH
but it implies much more ---- if you really understand it

Zero Line is a place where it "hurts"
the industry term would be a "squeeze"
you just need to learn to see who is getting squeezed and who is squeezing

as MightyOne stated MANY times its a TOOL to view the markets in a different way
there are MANY traders here who took it and made it "their own"
including me
it was a gateway drug (or a gateway line lol)


where is Mira btw?


Squeeze, I'll have to look into that.

As for zlines, as MO describes them and I'll paraphrase.
Imagine market participants being in a trade where they are up after 1 candle.
once in profit after this breakout trade they are looking to "protect" their gains. (fear)
So, they move their stops to breakeven, breakeven +1, etc.
In this area there will be a lot of orders sitting there creating a "barrier"
Now we don't if the barrier is strong enough to hold but I creates an edge fading the area.
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aliassmith
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Re: yale student

Postby aliassmith » Wed Jun 19, 2019 3:59 pm

aliassmith wrote:
Squeeze, I'll have to look into that.

As for zlines, as MO describes them and I'll paraphrase.
Imagine market participants being in a trade where they are up after 1 candle.
once in profit after this breakout trade they are looking to "protect" their gains. (fear)
So, they move their stops to breakeven, breakeven +1, etc.
In this area there will be a lot of orders sitting there creating a "barrier"
Now we don't if the barrier is strong enough to hold but I creates an edge fading the area.


I don't know what I was thinking.
So squeeze can be a short squeeze or long squeeze
You can see it when the bulls or bears get trapped trough market dynamics.
You can see this with the 1 tick breakout and reversal.
Trade Your Way as Long as It Makes Money!

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PTG
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Re: yale student

Postby PTG » Wed Jun 19, 2019 4:06 pm

aliassmith wrote:
paweldobkowski wrote:
aliassmith wrote:for those watching, Zline are still alive and well
Also I seen this similar pattern forming yesterday at the open.
Risk was $40/contract
Reward was $160/contract 4R
A "responsible" amount of contracts would be no more than
Account size/4000 which is about 1%


i want to add something also
for those who are maybe confused and dont know which way to go
because you see the Zlines but you also see me trading something completely different
its not

zlines are actually very close to what im doing
its order flow basically
its a way to trade TRADERS instead of CHARTS
although it might look like a simple chart pattern
AND YOU CAN TRADE IT AS SUCH
but it implies much more ---- if you really understand it

Zero Line is a place where it "hurts"
the industry term would be a "squeeze"
you just need to learn to see who is getting squeezed and who is squeezing

as MightyOne stated MANY times its a TOOL to view the markets in a different way
there are MANY traders here who took it and made it "their own"
including me
it was a gateway drug (or a gateway line lol)


where is Mira btw?


Squeeze, I'll have to look into that.

As for zlines, as MO describes them and I'll paraphrase.
Imagine market participants being in a trade where they are up after 1 candle.
once in profit after this breakout trade they are looking to "protect" their gains. (fear)
So, they move their stops to breakeven, breakeven +1, etc.
In this area there will be a lot of orders sitting there creating a "barrier"
Now we don't if the barrier is strong enough to hold but I creates an edge fading the area.


Have a look here if you feel like it, there are a couple of videos explaining this quite well https://www.youtube.com/channel/UCw8Lt5anmErQRd1nZdNZ-uA/videos especially those not of the "move of the day" kind.
Or this https://www.youtube.com/watch?v=RL5DeM7hM-8

'Nuff said 8)
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aliassmith
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Re: yale student

Postby aliassmith » Wed Jun 19, 2019 4:11 pm

Wierd how my orders look like support/resistance
Notice price went straight to my TP and bounced!
Well it was also a zeroline with a 6 tick bounce but the TP did get hit.
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aliassmith
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Re: yale student

Postby aliassmith » Wed Jun 19, 2019 4:21 pm

short oil @ .10
+5

Edit: I'm done $300/contract today.
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LeMercenaire
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Re: yale student

Postby LeMercenaire » Wed Jun 19, 2019 5:00 pm

PTG wrote:
aliassmith wrote:
paweldobkowski wrote:
i want to add something also
for those who are maybe confused and dont know which way to go
because you see the Zlines but you also see me trading something completely different
its not

zlines are actually very close to what im doing
its order flow basically
its a way to trade TRADERS instead of CHARTS
although it might look like a simple chart pattern
AND YOU CAN TRADE IT AS SUCH
but it implies much more ---- if you really understand it

Zero Line is a place where it "hurts"
the industry term would be a "squeeze"
you just need to learn to see who is getting squeezed and who is squeezing

as MightyOne stated MANY times its a TOOL to view the markets in a different way
there are MANY traders here who took it and made it "their own"
including me
it was a gateway drug (or a gateway line lol)


where is Mira btw?


Squeeze, I'll have to look into that.

As for zlines, as MO describes them and I'll paraphrase.
Imagine market participants being in a trade where they are up after 1 candle.
once in profit after this breakout trade they are looking to "protect" their gains. (fear)
So, they move their stops to breakeven, breakeven +1, etc.
In this area there will be a lot of orders sitting there creating a "barrier"
Now we don't if the barrier is strong enough to hold but I creates an edge fading the area.


Have a look here if you feel like it, there are a couple of videos explaining this quite well https://www.youtube.com/channel/UCw8Lt5anmErQRd1nZdNZ-uA/videos especially those not of the "move of the day" kind.
Or this https://www.youtube.com/watch?v=RL5DeM7hM-8

'Nuff said 8)



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paweldobkowski
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Re: yale student

Postby paweldobkowski » Wed Jun 19, 2019 6:11 pm

PTG wrote:
aliassmith wrote:
paweldobkowski wrote:
i want to add something also
for those who are maybe confused and dont know which way to go
because you see the Zlines but you also see me trading something completely different
its not

zlines are actually very close to what im doing
its order flow basically
its a way to trade TRADERS instead of CHARTS
although it might look like a simple chart pattern
AND YOU CAN TRADE IT AS SUCH
but it implies much more ---- if you really understand it

Zero Line is a place where it "hurts"
the industry term would be a "squeeze"
you just need to learn to see who is getting squeezed and who is squeezing

as MightyOne stated MANY times its a TOOL to view the markets in a different way
there are MANY traders here who took it and made it "their own"
including me
it was a gateway drug (or a gateway line lol)


where is Mira btw?


Squeeze, I'll have to look into that.

As for zlines, as MO describes them and I'll paraphrase.
Imagine market participants being in a trade where they are up after 1 candle.
once in profit after this breakout trade they are looking to "protect" their gains. (fear)
So, they move their stops to breakeven, breakeven +1, etc.
In this area there will be a lot of orders sitting there creating a "barrier"
Now we don't if the barrier is strong enough to hold but I creates an edge fading the area.


Have a look here if you feel like it, there are a couple of videos explaining this quite well https://www.youtube.com/channel/UCw8Lt5anmErQRd1nZdNZ-uA/videos especially those not of the "move of the day" kind.
Or this https://www.youtube.com/watch?v=RL5DeM7hM-8

'Nuff said 8)


PTG!
good to see you man
im gluten free intolerant

trojoh68
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Re: yale student

Postby trojoh68 » Thu Jun 20, 2019 12:22 am

Pawel, Alias, PTG, LeM and others,

I appreciate your recent discussion of z-lines --- as well as your respective threads and various posts throughout Kreslik. Mira and I know each other as we both came into Kreslik around the same time. Both of us have learned MUCH from Dojirock and trade primarily by his variation of z-lines (Doji Zones). We're both break even to slightly profitable in our trading.

I have question that I'd really love to hear each of you answer from your own perspective, if you don't mind. I think that your responses would be instructive to both of us --- as well as others.

HOW DO EACH OF YOU CHOOSE WHICH Z-LINES TO TRADE?

I understand how z-lines can be drawn on on wicks, bodies, or color changes (price turns). But no matter how one chooses to draw them, they are all over a chart --- even counter to each other at times. Thus, some are better choices than others. So, I'm just interested to hear each of your reasoning in the ones that you trade. Thanks in advance to any of you that answers. And again, I really appreciate your discussions among each other.

trojoh68

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aliassmith
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Re: yale student

Postby aliassmith » Thu Jun 20, 2019 1:03 am

trojoh68 wrote:Pawel, Alias, PTG, LeM and others,

I appreciate your recent discussion of z-lines --- as well as your respective threads and various posts throughout Kreslik. Mira and I know each other as we both came into Kreslik around the same time. Both of us have learned MUCH from Dojirock and trade primarily by his variation of z-lines (Doji Zones). We're both break even to slightly profitable in our trading.

I have question that I'd really love to hear each of you answer from your own perspective, if you don't mind. I think that your responses would be instructive to both of us --- as well as others.

HOW DO EACH OF YOU CHOOSE WHICH Z-LINES TO TRADE?

I understand how z-lines can be drawn on on wicks, bodies, or color changes (price turns). But no matter how one chooses to draw them, they are all over a chart --- even counter to each other at times. Thus, some are better choices than others. So, I'm just interested to hear each of your reasoning in the ones that you trade. Thanks in advance to any of you that answers. And again, I really appreciate your discussions among each other.

trojoh68


As to not muddy the waters, I believe since you are starting to be successful with Doji"s methodology that you should stick with him as your advisor.

Not to be a jerk but we don't do the zero line idea the same. Our way may not mesh with Doji's teaching and principles and could actually derail you.

Being break even is actually pretty good. This is the point where I self destructed from aggravation. My advice is to stay disciplined, in control, and study the charts.

Actually not only study the charts but review your trades and see if mistakes are hurting you. Looking at your own trades might show you the best ones to trade.
Trade Your Way as Long as It Makes Money!

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Sandra
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Re: yale student

Postby Sandra » Thu Jun 20, 2019 5:44 am

aliassmith wrote:
trojoh68 wrote:Pawel, Alias, PTG, LeM and others,

I appreciate your recent discussion of z-lines --- as well as your respective threads and various posts throughout Kreslik. Mira and I know each other as we both came into Kreslik around the same time. Both of us have learned MUCH from Dojirock and trade primarily by his variation of z-lines (Doji Zones). We're both break even to slightly profitable in our trading.

I have question that I'd really love to hear each of you answer from your own perspective, if you don't mind. I think that your responses would be instructive to both of us --- as well as others.

HOW DO EACH OF YOU CHOOSE WHICH Z-LINES TO TRADE?

I understand how z-lines can be drawn on on wicks, bodies, or color changes (price turns). But no matter how one chooses to draw them, they are all over a chart --- even counter to each other at times. Thus, some are better choices than others. So, I'm just interested to hear each of your reasoning in the ones that you trade. Thanks in advance to any of you that answers. And again, I really appreciate your discussions among each other.

trojoh68


As to not muddy the waters, I believe since you are starting to be successful with Doji"s methodology that you should stick with him as your advisor.

Not to be a jerk but we don't do the zero line idea the same. Our way may not mesh with Doji's teaching and principles and could actually derail you.

Being break even is actually pretty good. This is the point where I self destructed from aggravation. My advice is to stay disciplined, in control, and study the charts.

Actually not only study the charts but review your trades and see if mistakes are hurting you. Looking at your own trades might show you the best ones to trade.


Can you elaborate on what your zero line idea is? How do you know which Z-Lines you will trade?
Any help appreciated

S

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