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Michael S. Jenkins teachings

  • #141
  • Feb 21, 2020 3:44pm Feb 21, 2020 3:44pm
Quoting NewSim
{quote} That's a biography, not a track record.
Where is yours ?

In one year you have posted 30 messages and 2 Charts.

I have read all your messages. Only generalities and judgmental opinions.

As for your chart, it is self explaining.

no entry, no exit, no target, no stop-loss etc in short nothing of value
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  • #142
  • Edited 8:11pm Feb 21, 2020 4:22pm | Edited 8:11pm
Quoting Forest-Sea
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
Forest-Sea, Welcome ! My advice is to start reading... Then practice... You'll see soon enough the mistakes you were making, it will become obvious. For things to change, you've got to change.
Good Luck,
DM
Just Do It, Do it Now !!!!
Inserted Video
You NEVER will be the person you could be, without pressure & discipline
  • #143
  • Feb 21, 2020 4:55pm Feb 21, 2020 4:55pm
Quoting Forest-Sea
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?
I can only speak for myself but Gann methodology is very complicated to the uninformed. People like Jenkins, Beck and I’m sure others have taken some of the mystique out of methods by making it less complicated, by focusing on levels, ratios, angles and cycles that seem to be everywhere once you understand the basic principals. It comes down to this:
1...how hard is it to understand what is an impulse move. (See post 44). Many “traders” couldn’t tell you the definition.
2...how hard is it to divide that by 8 to come up with a pretty good support/ resistance line. Your study of that line will tell you if it works or not...if not as precision as you like try some of the square root methods Jenkins talks about.(see my post on that)
3...how hard is it to establish your cycle lines overlaid with your sup/res lines....again study and observation will tell you if your on the right tract to find turning points.
4...how hard is it to buy a 2.00 protractor to overlay on your screen to establish some angles that seem to work over and over.
5...How hard is it to never take a trade unless certain rules are in play....never short unless the low of the high bar is beached, never long unless the high of the low bar is breached.....solid, sensible rules, along with a stop loss.

Study, practice, take live trades but perhaps with a micro account to start so there will be a relaxed buy or sell. I have been trading for years and still get butterfly’s when I do 1 or 2 standard lots, and when I get too anxious I will reduce my lot size until I feel comfortable.....

In conclusion just do the work...don’t worry about making money right away...practice, read, do the work...you will be rewarded if you do...best regards.... Ingvar
  • #144
  • Feb 21, 2020 5:30pm Feb 21, 2020 5:30pm
As was explained in the earlier thread this thread is for those who want to increase their context in trading.If you prefer the crapicators that are included in all trading platforms feel free to continue with them however the only reason one should stick around this forum is to gain more understanding of the Gann methodology or call it trading geometry or whatever.
A Fe months ago I watched a webinar where this lady was saying she could predict the market turns, she alleged she knew how to use the square of nine and locate market turning points well in advance but she was very very secretive she won’t share her charts she would pause her presentations to run a quick check if one asked her about future turns if any instrument . This really annoyed me and then embarked on my research and came across Michael Jenkins it took me the best part of 2 months before I could relate to his teachings I read other books on Time and price but always went back to his books bcos I could see the simplicity of his methods and his habit of using various methods to prove his theories and seeing them instantly on charts For example I watched a video of his where he explained why markets gap / I back tested this theory with over a 100 charts and could see the same price behavior as he explained it. Since then their was no going back I am still learning I square an average of 10 charts daily but I know I am on The right track
The stuff is right out there but it’s only for those traders who are willing to put in the effort I have barely
scratched the surface of what it is still available to learn with these methods but J feel confident will be getting there soon.
  • #145
  • Feb 21, 2020 6:11pm Feb 21, 2020 6:11pm
Two advice to learners of this system of trading,

1. Keep the application of the method simple,
2. Maintain the same consistent method of application

It's important you maintain this consistency of application in real live market. This way you can see how your method of application perform over different market conditions. There is no ambiguity how you apply your method since you apply the same method every single time.

If you look back in the other thread you will notice that I posted the same method using fib fan, retracement and extension the same way on every chart.

Another point to note is I posted charts based on short intraday timeframe. If the method of application performs well on higher timeframe it should work just the same on lower timeframes, there is no reason why not. This is further proof whether the method is robust or not.

It's important to note that this trading method requires your trust in the projected lines that's drawn methodically. This means for you to gain trust you need actual proof of live market that future price moves according to those projections drawn. Historical charts allows you to test, practise and solidy your method of application. Trust on your method of application can only be gained from actual live market. This requires you to forward test your method. The other alternative is to test on a simulator to accelerate the testing process.

You will also notice in much earlier discussion this method of trading requires manual hand drawn lines. The application is manual. Take note of that.

My personal interest in this form of trading is the time parameter that this method addresses. Meaning this method projects something to happen in a certain specified time. It performed quite well.

Hope this is useful to someone out there. Happy trading.
Know what you trade
  • #146
  • Edited 8:50pm Feb 21, 2020 8:27pm | Edited 8:50pm
Bradley Cowan called the Pythagorean hypotenuse the Price Time Vector (PTV) which is an excellent definition for a stock market chart.

Cowan wanted to copyright the expression which seems audacious for me.

Pythagorean Theorem applied to stock market could be called "semi-squaring"
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  • #147
  • Edited 11:06pm Feb 21, 2020 9:25pm | Edited 11:06pm
I don't care what people say about jenkins. For me the video and pdf are very good even though my English is bad to learn them. I still read them.
just search on google ... google translate. DM,Swede and Parisboy are so kindly to explain it to you,u must thank them.

square the Price and Time 30.60.90.120 angle.

If u use mt 4 or 5 just see Henry W steele video on youtube how to scale it. I watch it a couple years ago
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  • #148
  • Feb 21, 2020 9:38pm Feb 21, 2020 9:38pm
Maybe this is called sinewave. I don't know exactly. is there an indicator of this?
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  • #149
  • Feb 22, 2020 1:53am Feb 22, 2020 1:53am
Quoting Swede
The starting point of every move is an impulse wave as illustrated yesterday.....before we go any further though, today we are going to square the price by establishing support/resistance and the time to the next potential turning point... 1. There are several ways to find sup/res using Jenkins ratios and you can study his teachings about all this in the books and lit posted at the beginning. But all of what he teaches is based on the Gann octave method...that is dividing the last major swing by 8 to establish sup/res. Now if you have Ensign or...
Thanks for this easy starting point!

Happy to follow along and learn.
Empty your mind and let the market guide you
  • #150
  • Feb 22, 2020 3:26am Feb 22, 2020 3:26am
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}
This post alone tells me you are perhaps in the top 1% of traders here on FF.

You are confident enough to post your chart showing what you expect to happen, then humble enough to post when it doesn't go as you expected.

Nice work!!
Empty your mind and let the market guide you
  • #151
  • Edited 9:12am Feb 22, 2020 8:15am | Edited 9:12am
Quoting SunnyCoast
{quote} This post alone tells me you are perhaps in the top 1% of traders here on FF. You are confident enough to post your chart showing what you expect to happen, then humble enough to post when it doesn't go as you expected. Nice work!!
SunnyCoast, Nice Observation.... And Yes, he is in the Top 1%.
You NEVER will be the person you could be, without pressure & discipline
  • #152
  • Feb 22, 2020 8:30am Feb 22, 2020 8:30am
Quoting SunnyCoast
{quote} This post alone tells me you are perhaps in the top 1% of traders here on FF. You are confident enough to post your chart showing what you expect to happen, then humble enough to post when it doesn't go as you expected. Nice work!!
.
Nice of you to say that but the basic fact of trading is no matter how good anyone’s analyses is, there will be losses at times, and the sooner we accept them the better. We can overcome them by staying with proven methods where you have a proven edge that keeps you in the game. It’s embarrasing when your trying to show someone but it’s also good to see what is the reality of trading.....
  • #153
  • Edited 9:16am Feb 22, 2020 8:31am | Edited 9:16am
Quoting junleehaw
Maybe this is called sinewave. I don't know exactly. is there an indicator of this? {image}
Junleehaw, the pattern is called the "Flower of Life". At least Junleehaw, you are not afraid of trying. You've learned to Jump in and engage, regardless of the outcome. This is what separates you from the herd. Never be afraid to make a decision. Good Job!!!
DM
You NEVER will be the person you could be, without pressure & discipline
  • #154
  • Feb 22, 2020 9:45am Feb 22, 2020 9:45am
Quoting parisboy
{quote} Where is yours ? In one year you have posted 30 messages and 2 Charts. I have read all your messages. Only generalities and judgmental opinions. As for your chart, it is self explaining. no entry, no exit, no target, no stop-loss etc in short nothing of value {image}
Oh I see that you don't have one. Well if that's good enough for you then that's ok, but let's be honest about it.

You've attacked me when I've never claimed to be one of the best traders of my generation, I'm also not selling anything nor have I ever.
I just asked for some proof for a grandiose claim, that's all. I don't think that should be a problem but apparently it's touched a nerve.

As for the chart I posted, it was in regards to the indicator shown, not down to a trade or system or anything of the like.
Rather irrelevant to bring this up don't you think?
New Simulation
  • #155
  • Feb 22, 2020 9:49am Feb 22, 2020 9:49am
Quoting DiamondMiner
{quote} 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
I have more than 2 years experience, thank you, even if the account doesn't.

I see a lot of cult like behaviour in forex, it would seem that you might fit in that category when you call people asking reasonable questions "doubters".

Good luck with your thread
New Simulation
  • #156
  • Feb 22, 2020 10:04am Feb 22, 2020 10:04am
Myself, Parisboy and Swede are all up in the years(and others here not mentioned). We've learned discipline, when to listen up and when to shut up. All of us have had successful careers(three for me). I came from a Military background, while my late father was a General. Growing up it was Yes Sir, or No Sir. That being said, is why I learned long ago to give someone benefit of the doubt Once, after that put a fork in it, it's done.
Respectfully,
DM
You NEVER will be the person you could be, without pressure & discipline
  • #157
  • Feb 22, 2020 10:05am Feb 22, 2020 10:05am
Quoting Aworex
As was explained in the earlier thread this thread is for those who want to increase their context in trading.If you prefer the crapicators that are included in all trading platforms feel free to continue with them however the only reason one should stick around this forum is to gain more understanding of the Gann methodology or call it trading geometry or whatever. A Fe months ago I watched a webinar where this lady was saying she could predict the market turns, she alleged she knew how to use the square of nine and locate market turning points...
Plese post some of you analyses...helps all of us....I too feel I have just scratched the surface of what is still available to learn...great post btw.
  • #158
  • Edited 11:45am Feb 22, 2020 10:12am | Edited 11:45am
Quoting NewSim
{quote} Oh I see that you don't have one. Well if that's good enough for you then that's ok, but let's be honest about it. You've attacked me when I've never claimed to be one of the best traders of my generation, I'm also not selling anything nor have I ever. I just asked for some proof for a grandiose claim, that's all. I don't think that should be a problem but apparently it's touched a nerve. As for the chart I posted, it was in regards to the indicator shown, not down to a trade or system or anything of the like. Rather irrelevant to bring...
If you need to know Jenkins track record ask him directly.

I do not care about his track record. I am only interested on how Jenkins has developed a new, additional and original way to use some Gann basic tools I use for my trading since 1998.

I am interested in what Jenkins do because :

- it is complementary to what I do already
- it stimulates my brain
- I hope to improve my trading and to earn some money with his tools

moreover your question about Jenkins track record was an irrelevant one because it mixes 2 different subjects.

If you had some experience in life, you would already know that the guy who has taught you to drive your car could not compete with Schumacher on a Formula 1 circuit.
  • #159
  • Feb 22, 2020 10:20am Feb 22, 2020 10:20am
Quoting Aworex
As was explained in the earlier thread this thread is for those who want to increase their context in trading.If you prefer the crapicators that are included in all trading platforms feel free to continue with them however the only reason one should stick around this forum is to gain more understanding of the Gann methodology or call it trading geometry or whatever. A Fe months ago I watched a webinar where this lady was saying she could predict the market turns, she alleged she knew how to use the square of nine and locate market turning points...
Pauline Novak-Reich ?

https://www.amazon.fr/Mystifying-Squ.../dp/B01JXSFUY0
  • #160
  • Feb 22, 2020 10:27am Feb 22, 2020 10:27am
Quoting parisboy
{quote} Pauline Novak-Reich ? https://www.amazon.fr/Mystifying-Squ.../dp/B01JXSFUY0
Terrible Reviews on her Book, a Rip off is said by one person.
Parisboy, I believe what we are doing here, along with Time and Price Forecasting, and to include your Envelopes thread, are about as cutting edge as it gets.
DM
You NEVER will be the person you could be, without pressure & discipline
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