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Michael S. Jenkins teachings

  • #61
  • Feb 20, 2020 10:35am Feb 20, 2020 10:35am
Quoting Spikehunter
{quote} If you draw enough lines on a chart then some of them will be a trading point :-) or some other indication.
you are right ! That is why it is better to use ONE methodology only on a chart
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  • #62
  • Feb 20, 2020 10:54am Feb 20, 2020 10:54am
Quoting Spikehunter
{quote} If you draw enough lines on a chart then some of them will be a trading point :-) or some other indication.
Absolutely agree with you.......until you draw the ones that mean something....I’m showing them to you man....look at the friiggen charts posted

explain to me please....why did price turn where I said it would based on the octaves, the cycles that repeat themselves, the 90 degree angles...why? And it happens over and over and over again.
  • #63
  • Feb 20, 2020 11:23am Feb 20, 2020 11:23am
Quoting parisboy
{quote} you are right ! That is why it is better to use ONE methodology only on a chart {image}
This is a work of art

I would hang this on my wall ha
All charts/ideas based on UK time zone
  • #64
  • Edited 11:49am Feb 20, 2020 11:30am | Edited 11:49am
Quoting Spikehunter
{quote} If you draw enough lines on a chart then some of them will be a trading point :-) or some other indication.
Hi spike .Maybe these pict's below would be help u...what swede said it is true...if u used mt4 or 5 just set and take fiboretrace divide 4 or 8 equal level and pull fiboretracement at recently major impulse.. i am usually using h4 or daily tf.Combine with price action on small tf like m30 or h1.Sorry I also like you in the learning phase.we must read and reread it and make some observation
like backtest or forward test.
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  • #65
  • Feb 20, 2020 11:41am Feb 20, 2020 11:41am
Hi Swede,

Is this what you mean by squaring? Literally adjusting the cycle so that it's the same width as the height of the octave segment? Thanks

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  • #66
  • Feb 20, 2020 11:47am Feb 20, 2020 11:47am
Quoting junleehaw
{quote} Hi spike .Maybe these pict's below would be help u...what swede said it is true...if u used mt4 or 5 just set and take fiboretrace divide 4 or 8 equal level and pull fiboretracement at recently major impulse.. i am usually using h4 or daily tf.Combine with price action on small tf like m30 or h1.Sorry I also like you in the learning phase.we must read and reread it and make some observation like backtest atau forward test. {image} {image}
FYI

Squaring Price and Time
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  • #67
  • Feb 20, 2020 12:03pm Feb 20, 2020 12:03pm
Quoting parisboy
{quote} FYI Squaring Price and Time {image}
squaring Price and Time .thanks parisboy but i am still comfusing seeing ur chart.maybe i must learn it.
  • #68
  • Feb 20, 2020 12:04pm Feb 20, 2020 12:04pm
Quoting Geester
Hi Swede, Is this what you mean by squaring? Literally adjusting the cycle so that it's the same width as the height of the octave segment? Thanks {image}
Understanding Squaring Price and Time

Notice Time and Price are NOT of the same nature.
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  • #69
  • Feb 20, 2020 12:09pm Feb 20, 2020 12:09pm
Quoting junleehaw
{quote} Hi spike .Maybe these pict's below would be help u...what swede said it is true...if u used mt4 or 5 just set and take fiboretrace divide 4 or 8 equal level and pull fiboretracement at recently major impulse.. i am usually using h4 or daily tf.Combine with price action on small tf like m30 or h1.Sorry I also like you in the learning phase.we must read and reread it and make some observation like backtest or forward test. {image} {image}

Nice work!!! Now all of this is subject to some adjustments but I can see your getting this...
  • #70
  • Feb 20, 2020 12:14pm Feb 20, 2020 12:14pm
Quoting Geester
Hi Swede, Is this what you mean by squaring? Literally adjusting the cycle so that it's the same width as the height of the octave segment? Thanks {image}
I use the expression squaring...see Parisboy post next that explains it better...what I am sharing is setting up the grid showing support and resistance with a cycle that indicates a time period of potential tuning points....nice work on the grid...u can adjust slightly if you find by doing so your catching turning point levels better....but this is a simple starting point that works over and over once you have your charts set up properly...
  • #71
  • Feb 20, 2020 12:19pm Feb 20, 2020 12:19pm
Quoting junleehaw
{quote} squaring Price and Time .thanks parisboy but i am still comfusing seeing ur chart.maybe i must learn it.
Hope it will help you.
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  • #72
  • Feb 20, 2020 12:22pm Feb 20, 2020 12:22pm
Quoting Swede
{quote} Nice work!!! Now all of this is subject to some adjustments but I can see your getting this...
i hope so, Swede..And got green for further trade.
  • #73
  • Feb 20, 2020 12:28pm Feb 20, 2020 12:28pm
Quoting parisboy
{quote} Hope it will help you. {image}
Thanks Parisboy .
  • #74
  • Feb 20, 2020 12:32pm Feb 20, 2020 12:32pm
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  • #75
  • Feb 20, 2020 12:40pm Feb 20, 2020 12:40pm
So, here are today's trades on my 15 min chart....went long early this morning....then changed direction at the top....why? There is nothing on the 15 min chart to indicated a turn was eminent.... the answer is on the second chart, the hourly...I happenned to look over a trendline I made a couple of days ago and the 90 on the hourly was hit to the penny....took a small entry there, and added as the confirmation of the reverse was in place.

Now...back to the 15 min chart....tell me....where did the dumping stop....Yup....right at the 90 drawn before the morning start. Can you see the power of the offsets and why they are part of Jenkins arsenal?
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  • #76
  • Feb 20, 2020 12:43pm Feb 20, 2020 12:43pm
The "Square" and the Sinewave

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  • #77
  • Feb 20, 2020 12:45pm Feb 20, 2020 12:45pm
Hi Folks,

So this is where all the fun has been .......
Swede, quick question am I right to assume you always use the impulse wave close or equal to the measured move to create the firs off angle?
  • #78
  • Feb 20, 2020 12:53pm Feb 20, 2020 12:53pm
Quoting
Hi Folks, So this is where all the fun has been ....... Swede, quick question am I right to assume you always use the impulse wave close or equal to the measured move to create the firs off angle?
Not always...it will be explained a bit better tomorrow...it is just one of the things Jenkins brought to my attention and after trying a few I was hooked with its accuracy, especially on the larger time frames...

For today...go back to post 44 where we set octaves, cycles and then a few posts later on the start of offset angles.
  • #79
  • Feb 20, 2020 1:03pm Feb 20, 2020 1:03pm
Wanna know a secret?? Parisboy trades off the chart he posted....that is why he is so confused at times...I keep telling him but he insists this is the chart for him.haaaaaaaaaaaa
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  • #80
  • Feb 20, 2020 1:25pm Feb 20, 2020 1:25pm
Quoting Swede
Wanna know a secret?? Parisboy trades off the chart he posted....that is why he is so confused at times...I keep telling him but he insists this is the chart for him.haaaaaaaaaaaa {image}
well if that's the case he's trading the CAC so look out tomorrow 6086 is calling the shots
All charts/ideas based on UK time zone
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