Michael S. Jenkins teachings | Page 9 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

simple and clear advice for new traders, no cryptic teachings 36 replies

Forex Audio Books and Teachings 5 replies

Michael's CHART Pattern trading is back! 0 replies

Getting Started in Currency Trading by Michael Archer 0 replies

Attachments: Michael S. Jenkins teachings
Exit Attachments

Michael S. Jenkins teachings

  • #161
  • Edited 10:54am Feb 22, 2020 10:34am | Edited 10:54am
Quoting DiamondMiner
{quote} Terrible Reviews on her Book, a Rip off is said by one person.
it is a female asshole and guru. She had a blog where she mixed Elliott Waves and the Square of Nine . A guy underlined she has left aside 2 "waves" on his Chart to get its target / prediction and asked why , He was fired and banned on the spot . just before Iwanted to ask the same question .

Morality : male or female you can only praise the guru.

If you want to sell something about the "Square of Nine" you just have to complexify at the maximum the subject so that nobody outside yourself understand something.

hence you sell :

a) your book (300 $)
b) videos
c) seminars (to explain the content of your book to dumb readers who have not understood what you wrote)
d) you end by selling "signals" to the above guys who have not understood what you wrote in your book and detailed in your seminar
Attached File(s)
File Type: pptx SQ9 NOVAK REICH.pptx   1.0 MB | 874 downloads
File Type: docx NOVAK REICH Is 5 year bull SP500 move over as of today what Gann says.docx   238 KB | 785 downloads
File Type: docx NOVAK REICH OIL.docx   85 KB | 571 downloads
File Type: docx NOVAK-REICH.docx   2.8 MB | 907 downloads
  • #162
  • Feb 22, 2020 12:48pm Feb 22, 2020 12:48pm
Quoting Swede
{quote} 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...

Ingvar, this is just brilliant to me (simple + brilliant). It distills so much input into a manageable set of knowledge which, I think, can be rapidly acquired by an experienced trader. By the way, I grew up in Seattle adjacent to a large Scandinavian community, originally fisherman, and Ingvar was a familiar name to me then. Great to see it again.

And thanks for your massive teaching input thus far.
  • #163
  • Feb 22, 2020 12:50pm Feb 22, 2020 12:50pm
Quoting DiamondMiner
{quote} 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 !!!! https://www.youtube.com/watch?v=ZXsQAXx_ao0
DM . . you have done such a good thing here along with a few cohorts. Rest assured, I am on-board and coming up to speed with at least the essentials. I am sure there are esoteric adds for later.

Your encouragement is great for all.

FS
  • #164
  • Feb 22, 2020 12:53pm Feb 22, 2020 12:53pm
Quoting Forest-Sea
{quote} DM . . you have done such a good thing here along with a few cohorts. Rest assured, I am on-board and coming up to speed with at least the essentials. I am sure there are esoteric adds for later. Your encouragement is great for all. FS
Forest-Sea, be certain you get the 6.5 hour video Jenkins Trading commonly known as MSJ_Trading
DM
You NEVER will be the person you could be, without pressure & discipline
  • #165
  • Feb 22, 2020 1:00pm Feb 22, 2020 1:00pm
Tracking down the vid now. Thx for the identifier.
  • #166
  • Feb 22, 2020 2:59pm Feb 22, 2020 2:59pm
Quoting Forest-Sea
Tracking down the vid now. Thx for the identifier.
http://forums.boursy.com/archive/index.php/t-2936.html video
  • #167
  • Feb 22, 2020 3:40pm Feb 22, 2020 3:40pm
Quoting DiamondMiner
{quote} Forest-Sea, be certain you get the 6.5 hour video Jenkins Trading commonly known as MSJ_Trading DM

  • #168
  • Edited 8:53pm Feb 22, 2020 4:02pm | Edited 8:53pm
Quoting Forest-Sea
{quote}
Forest-Sea, it is exactly as you have said in post #163. It's because of the good friends I keep that makes this thread a success. They are all Blessed People to whom appreciate what they have and are thankful , all of us have earned our way and no one gave us anything. We all want the same things. We know that everything goes right when you tell the truth, and the truth is Jenkins Methods WORK.
DM
You NEVER will be the person you could be, without pressure & discipline
  • #169
  • Edited 6:04pm Feb 22, 2020 5:40pm | Edited 6:04pm
To all doubters,

I can understand why you doubt if this method works.

The systematic way to your doubt is,

1. Quantify exactly what your doubt is all about. Post on this thread why you think this method don't work. Post chart examples to demonstrate where this method has failed. Post your questions on here that you need clarification, be specific backed by charts(where relevant) to explain your point. This thread has experienced traders who will chime in to best address your points of doubt. Threads are meant for discussion to clarify our understanding.

2. I wrote in my earlier post that you have to build trust with this method. This method draws projected lines into the future predicting what the future market might do. By normal logic we doubt how connecting some past data points can effectively predict the future. Your doubt is normal. Expecially so if you are inclined to believe that future price has nothing to do with the past, what is known as independence of the market that is the random walk of markets as a whole.

However, if you remain interested to know if it works or not this is my very basic answer for you. You alone have to find out if it works for you, nobody can do that for you. To find out for yourself you have to do the work, ie. draw those lines. It is a skill to acquire where there are discretionary elements. Go through the charts and draw as many lines as you can, today is Sunday do it today. Post on this thread if you have any specific questions to clarify your doubt and further your understanding. The more you hand draw the better your skill and understanding. This knowledge and skill grows in you the more you put into practice. Repetition is an aid to learning is relevant here. Just do it.

3. As I wrote earlier, you have to build your own trust, no one can give it to you. You can only do this in live markets. The more you see how those line predictions perform in live market the more your understanding, skill and trust grows. Practice in live market makes perfect your skill, knowledge and trust. Onus is on you alone.


Trust cannot be built upon how successful Michael S Jenkins is(was). Trust can never be built based on other peoples success stories.

I trust because I have done the work.

My 2cts.
Know what you trade
  • #170
  • Feb 22, 2020 6:45pm Feb 22, 2020 6:45pm
Quoting BWilliam
To all doubters, I can understand why you doubt if this method works. The systematic way to your doubt is, 1. Quantify exactly what your doubt is all about. Post on this thread why you think this method don't work. Post chart examples to demonstrate where this method has failed. Post your questions on here that you need clarification, be specific backed by charts(where relevant) to explain your point. This thread has experienced traders who will chime in to best address your points of doubt. Threads are meant for discussion to clarify our understanding....
p

ABSOLUTELY OUTSTANDING POST!!!
  • #171
  • Feb 22, 2020 6:57pm Feb 22, 2020 6:57pm
Quoting auxesis
Imho, some of Jenkin’s best work is in the use of mirrored angles and timing from major turning points. Good thread.
auxesis you are so right...the chart below shows your comment very well.....after making up a TIME CONVERSION BAR based on the swing it became so obvious price moves about the same amount over and over, the one exception was red employment news last week. Then, after squaring that first move other things began to appear that simply could not be a coincidence.......look for yourself....Im speechless, which doesnt happen too often so enjoy the quiet for awhile lol lol
Attached Image (click to enlarge)
Click to Enlarge Name: price mirror.png Size: 58 KB
  • #172
  • Feb 22, 2020 9:59pm Feb 22, 2020 9:59pm
and this is what it looks like without the Time Conversion Bars and just using the Octave grid....basic but still tells the story....
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDiH4.png Size: 50 KB
  • #173
  • Feb 22, 2020 10:33pm Feb 22, 2020 10:33pm
Swede, thank you for all your effort on this thread and posting the last two charts.
It really makes things clear.
I can see the potential in this way of looking at price and trading this way.

Darryl
  • #174
  • Edited Feb 23, 2020 12:53am Feb 22, 2020 11:26pm | Edited Feb 23, 2020 12:53am
Quoting Swede
{quote} auxesis you are so right...the chart below shows your comment very well.....after making up a TIME CONVERSION BAR based on the swing it became so obvious price moves about the same amount over and over, the one exception was red employment news last week. Then, after squaring that first move other things began to appear that simply could not be a coincidence.......look for yourself....Im speechless, which doesnt happen too often so enjoy the quiet for awhile lol lol {image}
This is very enlightening. Now using MT4 I need to adjust a few tools I understand that. I can do the FIB tool easily.

Are you just using the simple triangle tool? I wish I could just rotate my first triangle and copy it. Also you have your period separators on your 4 hour chart set to your specific settings. I'm trying to find how to do that and I apologise if this has already been covered. I'll search again.

Edit Post #46 Got it!

Cheers
Anthony
Empty your mind and let the market guide you
  • #175
  • Edited 1:39am Feb 23, 2020 12:51am | Edited 1:39am
This is my seventh observation and this is very good and amazing. I love it. thanks DM, Swede and Parisboy.

It also works in currencies not just stocks.

the image below is UCAD.
1. The basic chart divides eight horizontal lines and I draw the trendline (LightSlateGray ) which intersect the price from the bottom up
2. I draw the impulse line and make 1/2 angle and 1/4 offset from the impulse line (yellow)
3. I draw the lines again 30.60 and 90 degrees (lime)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCADH4 observation.png Size: 46 KB
Click to Enlarge Name: Screenshot_20200223_142027.jpg Size: 266 KB
Click to Enlarge Name: InkedUSDCADM30 pening_LI.jpg Size: 863 KB
  • #176
  • Feb 23, 2020 1:23am Feb 23, 2020 1:23am
Quoting Swede
and this is what it looks like without the Time Conversion Bars and just using the Octave grid....basic but still tells the story.... {image}
It does not get clearer than this, the SAM with offsets
Attached Image (click to enlarge)
Click to Enlarge Name: AusUSD-4HRwithOffsets.png Size: 89 KB
  • #177
  • Feb 23, 2020 1:57am Feb 23, 2020 1:57am
Bookmark this Pb post, read until you fully understand what VTL mean. Then try identify this line from your drawn lines. Practice makes perfect.
https://www.forexfactory.com/showthr...1#post12722351
Know what you trade
  • #178
  • Feb 23, 2020 3:58am Feb 23, 2020 3:58am
Quoting junleehaw
This is my seventh observation and this is very good and amazing. I love it. thanks DM, Swede and Parisboy. It also works in currencies not just stocks. the image below is UCAD. 1. The basic chart divides eight horizontal lines and I draw the trendline (LightSlateGray ) which intersect the price from the bottom up 2. I draw the impulse line and make 1/2 angle and 1/4 offset from the impulse line (yellow) 3. I draw the lines again 30.60 and 90 degrees (lime) {image} {image} {image}
Interesting stuff! In the above Jenkins example I understand the method from the low using 1/2, 1/4 angles etc but where do the vertical lines come from.... are they fib numbers or divisions of the price converted to time? Obviously these are just as important, as you see when they intersect the other angles the turning points are really precise.

Regards Guitarman
  • #179
  • Feb 23, 2020 4:01am Feb 23, 2020 4:01am
I found this indicator which may be helpful...

Attached File(s)
File Type: mq4 trend-by-angle.mq4   2 KB | 843 downloads


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 62 KB



Regards,
Fulla.
  • #180
  • Feb 23, 2020 5:00am Feb 23, 2020 5:00am
Very nice indicator one can easily adjust to the offset angle, thanks for sharing.
0 traders viewing now