ZLINES!!!

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JESGPY
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ZLINES!!!

Postby JESGPY » Tue Aug 04, 2009 12:55 pm

Hi .

Can you guys who understand the Zline concept help me put with it. I think there is no exclusive Zline thread.

Anyway can you tell me if what I am seeing can be considered Zlines.

THANKS

JUAN

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Postby Humble » Tue Aug 04, 2009 11:07 pm

Nice idea to give ZLines it's own thread. However I would have thought that trading Semafors would also be a thread in its own right.
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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Postby retireme » Wed Aug 05, 2009 12:19 am

Uh oh, I hope that wasn't a suggestion Humble... I got swamped for that kind of heresy (an opinion or belief that does not coincide with established or traditional theory, especially in philosophy, science, politics or day trading forums) :lol:

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Postby Humble » Wed Aug 05, 2009 12:38 am

I think I have a few who prefer to ignore me!
Is price closing higher or lower than something? Simple yet powerful question. ..MO

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Postby retireme » Wed Aug 05, 2009 12:42 am

Well I can assure you that I will not be ignoring you, however, if I ever do that, you know you will have hit rock bottom! :)

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es/pip
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Re: ZLINES!!!

Postby es/pip » Wed Aug 05, 2009 12:44 am

JESGPY wrote:Hi .

Can you guys who understand the Zline concept help me put with it. I think there is no exclusive Zline thread.

Anyway can you tell me if what I am seeing can be considered Zlines.

THANKS

JUAN

Image

Image

Image



a zl is an area where traders are sitting with a profit

a true zl is a body 2x the size of the prev. body
Bend over and assume the position for another 4 years of hope and change.

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Postby es/pip » Wed Aug 05, 2009 12:45 am

retireme wrote:Uh oh, I hope that wasn't a suggestion Humble... I got swamped for that kind of heresy (an opinion or belief that does not coincide with established or traditional theory, especially in philosophy, science, politics or day trading forums) :lol:


pretty sure that was directed at me


:roll:
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Postby retireme » Wed Aug 05, 2009 12:48 am

But I have no hard feelings es/pip...

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Postby es/pip » Wed Aug 05, 2009 12:54 am

retireme wrote:But I have no hard feelings es/pip...



nor do i

:)
Bend over and assume the position for another 4 years of hope and change.

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Postby JESGPY » Wed Aug 05, 2009 10:33 am

ES/PIP

Can you post some charts showing how you draw then and how you decide which is your entru point and exit.
It will be much appreciated. I have an idea, I think of what this is. Yesterday day i made 200 pips with what I think is a Zline. Maybe its just beginners luck

JUAN

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