Michael S. Jenkins teachings

Swede you are on the right path !

Inspired by Gann Parisboy's Ultra Secret Methods are all included in this chart in the open, but need to be deciphered.

Basic Angles and Envelopes are just a cover story to protect my real methods.

Hi Swede,

To establish the "time unit", would the following description that I found be accurate?

The time interval "t" is determined by taking the square root of the normalised price "p". So, if the trend high (or low) price is, say, $144.00, then the time interval is 12 bars (square root of 144.00).

Would that be correct?

That appears to make sense to me but, I don't know whether that is what you are actually trying to express. If you could kindly confirm that would be very useful indeed.

Edit: Thinking about this further, I assume that the "original" price bar would have been 1 day so, that would have to be further processed to arrive at the number of bars for the time frame you are looking at. Sound reasonable?

it sounds correct....but perhaps parisboy or DM could weigh in.They really know their stuff about such things and has been doing it for years.....I don't get too technical on the larger time frames...I'm really a day trader and look at the smaller picture...

imho 144 is just a specific case of Squaring Price and Time

When you do it by hand :

- you detect it immediately on charts
- you understand it fully

How interesting a chart with the ES time cycle, forgot to check this for a possible short today

Now, once you have mastered the 90....then u can add the 30-60-45 or whatever you wish....but the 60 and 45 work very well normally....offering targets, or reversals ...

The NASDAQ was even more accurate,

Hi Swede/Parisboy,

This is my latest effort at trying to understand drawing the grid. Does this look about right?

Thanks

[quote = Geester; 12766405] Hola sueco / Parisboy, este es mi último esfuerzo para tratar de entender cómo dibujar la cuadrícula. ¿Esto parece correcto? Gracias {image} [/ quote]

Ant this

Starting freshly. This is good. I have started reading through the secret science as recommended by you and its mind blowing. Though there seems to be too many stated ways by the book to ''skin the antelope''.

I have decided to learn at the feet of you people the market elders. Diamondminer, Parisboy and Swade.

Geester I speak only for myself.

I can not hold your hands. You need to understand the logic of the division by 8 of the Price Axis , do the job and have confidence in your results.

If you use an average platform you have generally 2 options , most of the time both solutions give the same analysis results and as for trading generate close solutions.

Hence choose the solution which fits you the best. Analyze why according to your sentiment, it fits you the best and not the other option. This can be your "bias".

Rarely both options give you significative different results. Just keep both options opened (2 charts) until Price Action decides which option is the best.

It is just how i proceed(ed)

Trust yourself and your instinct.

I drew mine from Dec 23 low to Dec 31 high...try that...it tightned things up a bit...and caught that last run south to the penny..to do that effectively squeeze your chart up a bit...draw...open again...notice how it squares up nicely and catches many swing reversal point. Now you have a picture to watch...every time it hits a grid line, or a cycle line you can make your decision by PRICE ACTION. Remember that, we do not take trades simply on touch...there has to be a reason....like reversal starts and breaks the LOW OF THE HIGH BAR...or HIGH OF THE LOW BAR. Now you have a real trade...not a guess and you can take that to the bank my friend.

Now, if you read Jenkins totally, he has a formula for support/resistance using minor impulse waves...taking the low bar to the high bar, dividing the two to come up with a Ratio that can be assigned to the currency basically forever......another way he uses is to take the low of a major swing, take the square root of that low bar and add it to the next level...and if that is out of proportion or too improbable use the square root of the square root and add that to the high of the high of the swing high. Now if you have sophisticated charts like Ensign or Optuma it is easy...a little more work doing everything by hand. He uses the illustration...if a stock is selling for 49.00 at the low...square root is 7.00....but it seldom swings that low or high during any given day...so take the square root of the square root is 2.65 and now you have a probable next level that nearly every day moves that much.

anyway...get out your calculator and do a few of these to see how correct he is...it is amazing.

Anyway...I have found for us, using mt4, the fib tool to divide the swing by 8 works just as well for currencies...

Isnt this marvelous stuff...wish I had met Diamond Miner years ago....he introduced me to it a few months back and I developed to make it work for mt4 as best as possible...I did not believe we have to spend big dollars on pro charts when Jenkins is talking about levels...and they are the same on mt4 as the pro chart...

beautiful..work of art..

SRL = Support & Resistance Line Properties

SRL = Support & Resistance Line Properties

SRL = Support & Resistance Line Properties

SRL = Support & Resistance Line Properties

https://www.forexfactory.com/showthr...5#post12762555