Recent studies have revealed a number of striking dependence patterns in high frequency stock price dynamics characterizing probabilistic interrelation between two consequent price increments x (push) and y (response) as described by the bivariate probability distribution P(x, y) [1, 2, 3, 4]. There are two properties, the market mill asymmetries of P(x, y) and predictability due to nonzero z-shaped mean conditional response, that are of special importance. Main goal of the present paper is to put together a model reproducing both the z-shaped mean conditional response and the market mill asymmetry of P(x, y) with respect to the axis y = 0. We develop a probabilistic model based on a multi-component ansatz for conditional distribution P(y| x) with push-dependent weights and means describing both properties. A relationship between the market mill asymmetry and predictability is discussed. A possible connection of the model to agent-based description of market dynamics is outlined.