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Michael S. Jenkins teachings

  • #121
  • Feb 21, 2020 8:07am Feb 21, 2020 8:07am
Quoting Swede
{quote} Leacher...here is my chart for comparison...notice I have loaded up with shorts once again....why....well 45 failed, the retest, then 30 failed....we heading south again imho {image}

some technical failure from my side....my chart doesn't match with yours...I have a buy EURUSD...but can see urs on the Short side very clearly...

im using Fib Fan for 90-45-30 angles? is this correct?
Time & Price Forecast - Jenkins
  • #122
  • Feb 21, 2020 8:16am Feb 21, 2020 8:16am
Quoting Leacher
{quote} some technical failure from my side....my chart doesn't match with yours...I have a buy EURUSD...but can see urs on the Short side very clearly... im using Fib Fan for 90-45-30 angles? is this correct?
No, these are offset angles drawn manually...place your tool over the screen and draw off the offset angle as shown..
  • #123
  • Edited 8:38am Feb 21, 2020 8:25am | Edited 8:38am
Quoting Swede
{quote} No, these are offset angles drawn manually...place your tool over the screen and draw off the offset angle as shown..
Offset angle? I hope you are referring to Fib Fan tool.

let me go though the posts again to find out.

15M EURUSD CHART

1.0818+ should show 1.0850 today or Monday at the max....
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 32 KB
Time & Price Forecast - Jenkins
  • #124
  • Feb 21, 2020 8:36am Feb 21, 2020 8:36am
Quoting Leacher
{quote} Offset angle? I hope you are referring to Fib Fan tool. let me go though the posts again to find out. 15M EURUSD CHART {image}
Go to post 47
  • #125
  • Feb 21, 2020 8:44am Feb 21, 2020 8:44am
Quoting Swede
{quote} Go to post 47
I thought that was a built in tool in mt4.

from now will draw manually.. thanks for the assistance
Time & Price Forecast - Jenkins
  • #126
  • Feb 21, 2020 9:09am Feb 21, 2020 9:09am
Huge over reaction to the PMI report...lost 20 pips on that one...Euro like a slingshot...needed a sign of weakness in USD and away we go north...anyway...could react here...we will see...
Attached Image (click to enlarge)
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  • #127
  • Feb 21, 2020 9:17am Feb 21, 2020 9:17am
Quoting Swede
Huge over reaction to the PMI report...lost 20 pips on that one...Euro like a slingshot...needed a sign of weakness in USD and away we go north...anyway...could react here...we will see... {image}
Nicely cut off. That’s the best strategy. U know where to take it off.
Time & Price Forecast - Jenkins
  • #128
  • Feb 21, 2020 9:43am Feb 21, 2020 9:43am
It is acceptable to trade through red news releases with this method?
  • #129
  • Feb 21, 2020 10:06am Feb 21, 2020 10:06am
If one would read and study, you'll find about 20+ different ways(versions) that Jenkins shows you as examples on what to expect from the market in moves. Read, Square the Range. No one expects you to believe any of this without you believing it yourself first. Get out your Ruler, Protractor and Dividers if you need them, then Read and practice on paper on or screen. Success is only a decision away. When you give yourself permission to become successful, you will. I cannot express this enough.
Most of you have failed because you have listened to non-sense trading systems that just take your money and leave you with an empty bag. I repeat, read Square the Range and you will have no less 20 different ways available to trade. Start Today, none of this is difficult. Read the book, if you do not understand it, read it again, and again. Eventually it will come.
DM
You NEVER will be the person you could be, without pressure & discipline
  • #130
  • Edited 10:32am Feb 21, 2020 10:18am | Edited 10:32am
Quoting artraveler
It is acceptable to trade through red news releases with this method?
Anyone who trades without stops or taking into consideration fundamental news events is trading blind and reckless. Read Jenkins thoroughly...he uses stops on every trade....major news events always taken into consideration because he does not enter trades without the low of the high bar, or the high of the low bar are cleared. It protects you from making premature trades...just one small tip for your trading plan will save you many times over....see page 1 in his books.

I lost 100.00 this morning because I did not think USD news would have such a reaction....but a few minutes ago I made it back because of that one rule about the high bar or low bar entry....Euro still very volatile so you can’t stay in these trades when the market is like today....all it took was a little push.
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  • #131
  • Feb 21, 2020 11:05am Feb 21, 2020 11:05am
Hi, I'm just wondering how you know this man is one of the most successful traders today?
New Simulation
  • #132
  • Feb 21, 2020 11:10am Feb 21, 2020 11:10am
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  • #133
  • Feb 21, 2020 11:17am Feb 21, 2020 11:17am
Thank you to DM, Swede and ParisBoy especially for so kindly offering up this historic approach which is truly 'something different' than what is seen now.

I feel like a first grader starting over, but it is fascinating and appears to be well worth the energy.

With very best regards

FS
  • #134
  • Feb 21, 2020 11:59am Feb 21, 2020 11:59am
Quoting NewSim
Hi, I'm just wondering how you know this man is one of the most successful traders today?
Well, he has a pretty good track record...do some research. No one is forcing you or anyone to embrace his teaching, you have the control to determine these things on your own....best!
  • #135
  • Feb 21, 2020 12:11pm Feb 21, 2020 12:11pm
Quoting Swede
{quote} Well, he has a pretty good track record...do some research. No one is forcing you or anyone to embrace his teaching, you have the control to determine these things on your own....best!
I did a search and couldn't find any such track record. Could you link me to it? No need to be so defensive, I'm just asking a question.
New Simulation
  • #136
  • Feb 21, 2020 12:23pm Feb 21, 2020 12:23pm
DM and Swede --

I think this is common sense, but can the trader acquiring new skills with the "mine' of new ideas presented here successfully make trades as individual pieces of a new skill set are added?

This is comprehensive (eventually) but can/should we trade as we acquire knowledge in pieces? Is that safe or foolhardy?
  • #137
  • Feb 21, 2020 12:26pm Feb 21, 2020 12:26pm
Quoting NewSim
{quote} I did a search and couldn't find any such track record. Could you link me to it? No need to be so defensive, I'm just asking a question.
https://cmtassociation.org/presenter/michael-jenkins/
Took 3 seconds on Google search!!
  • #138
  • Feb 21, 2020 12:31pm Feb 21, 2020 12:31pm
Quoting Stev1929
{quote} https://cmtassociation.org/presenter/michael-jenkins/ Took 3 seconds on Google search!!
That's a biography, not a track record.
New Simulation
  • #139
  • Feb 21, 2020 12:41pm Feb 21, 2020 12:41pm
Quoting NewSim
{quote} That's a biography, not a track record.
You will be hard pressed to see any trader's track record no matter how high profile they are, like all strategies, you need to do some reading, test the water and see if it makes sense to you or if it doesn't. Personally i have tried, like many here, a vast array of methods and through testing and perseverance you find the one you 'connect' with and ticks all the boxes, and this method,with a few minor tweaks works perfectly for me with no fuss or second guessing.
  • #140
  • Edited 2:41pm Feb 21, 2020 2:24pm | Edited 2:41pm
Quoting NewSim
{quote} That's a biography, not a track record.
NewSim, please read post #1. It is recommended you have a minimum of two years trading experience along with two years posting experience on Forex Factory to post on this thread. This thread is not Baby Pips, it is for the serious who want to trade successfully. This thread is not for doubters.
So, please do you own research, don't push the envelope. This is a thread that is an honor to be here, not a right.
DM
You NEVER will be the person you could be, without pressure & discipline
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