Michael S. Jenkins teachings

Quoting SunnyCoast

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Look, I going to come out and say it here in public.... Putting a protractor and ruler on my computer screen feels as goofy as the goofiest goofball thing to do but.... It actually makes a whole lot of sense and more importantly those lines are absolutely tradeable from the right hand side of the chart. Lots to learn and I don't want to fall down the rabbit/worm holes these could lead, but if I keep things to the core basics...

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Quoting Swede

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{quote} Anthony....I fought the same thoughts...a ruler? a protractor? really????? On my computer screen???? you gotta be kidding!!! Now I wouldn't be caught without one...haaaaa

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Quoting BWilliam

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{quote} One small correction that's needs to be highlighted. Most people say that we trade the right hand side of the chart. That's wrong. It gives the wrong impression and psychologically we are set the wrong way. We do not trade the right side of the chart. We do not know the future, we are not omnipresent nor time traveller. It's impossible to trade future price now. We trade the CURRENT bid ask quote of the asset. We have to psychologically align ourselves to this thinking that the NOW is everything. What happens after we click the button for...

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Quoting Montrose

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{quote} thanks! version 1.01 is great but indeed does not update, version 1.02 does not plot at all (?)

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Quoting Aworex

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... if one knows how to use the sq of 9 properly one would have traded the recent sell-off with lots of profit.

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Quoting emonts

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{quote} Hi, Updates. 1.03t must also work for tick data. If not PM me. We try to first solve bilateral. BR {file} {file}

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Quoting BWilliam

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This post I address the question of the "correct" MT4 "fixed" scale that's been raised by other members. In first pic below I drew the perfect square box with the fib tool. In the second pic, I amplified the candle by 1 click. The result is the box has changed to a rectangle. Whether we draw this with protractor on paper it yields the same result. We need to have a fix scale for the x-axis. For us to convert price into time vv. The question then is what is the fix scale for MT4 ? Is this fix scale the same for all monitor sizes ? {image} {image}...

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Quoting guitarman

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{quote} Ok got it, cheers man.

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Quoting parisboy

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{quote} Leacher, from your question I infer you are looking for tricks, tips . It does not work like that. The interpretation of Swede is true : the Horizontal Center of Gravity line can play a role of Resistance (a solid one) or Price can go higher. If Price Action reaches This Horizontal Center of Gravity Line, this will constitute a RETURN TO THE MEAN; If Price goes significantly Higher than the Center of Gravity Horizontal Line, then the center of Gravity Line will act as a Support Notice that this center of Gravity Line is in the Center of...

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Quoting Montrose

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I use the MT4 tool 'Trendline by angle' to draw the 90 degrees lines. In this example swing low A - swing high B; I use the trendline by angle to draw from B to A. I notice this is 255 degrees (trendangle properties) to plot a 90 degree line from B (to D) I launch again the trendline by angle; B-D has to be 255 + 90 = 345 degrees. Same for C-B; C-B= 112 degrees, C-D has to be 112-90= 22 degrees. {image}

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Quoting Leacher

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{quote} Hi Parisboy: thanks for the explanation. tried with EU like yours and I could see Triangles and Rectangles with 90 angle and cycle targets everywhere....will continue to observe... {image}

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Quoting parisboy

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{quote} Jenkins on scaling {image} {image} {image}

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Quoting Geester

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{quote} How are you scaled, if at all when you do this? {image}

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Quoting BWilliam

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Thanks Pb, that clarifies things up. "Also keep in mind that the greatest use of this system is for retracement periods after an initial impulse wave." ----- Michael S Jenkins(Secret Angle Method) Recommendation by the author and creator of the system. This ties in with VTL perfectly. Pb, is this concept of VTL from Jenkins too ?

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Quoting parisboy

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{quote} Valid Trend Lines (VTL) are a cyclical Tool developed by Jim Hurst in his books. See my thread for the bibliography , you can find the PDF's there and more explanations. Jenkins do not use Cycles, hence he does not use VTL as a Trading tool. A VTL links the Tops or the Lows of 2 successive Cycles of the same Period https://www.forexfactory.com/showthr...0#post12739680 https://www.forexfactory.com/showthr...5#post12722965 The concept of Swing / Impulse degree, order, nature is not a Jenkins...

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