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Michael S. Jenkins teachings

  • #381
  • Edited 8:45am Feb 26, 2020 5:04am | Edited 8:45am
Quoting BWilliam
{quote} FLD is a Hurst concept ? They all learnt from Gann ?
Future Line of Demarcation is a Cyclical Tool too is a Hurst's concept.

see here :

https://www.forexfactory.com/showthr...1#post12772141

Gann (and Jenkins) has nothing to do with FLD's because in a technical way Gann was NEVER a "Cycle man".
  • #382
  • Feb 26, 2020 5:06am Feb 26, 2020 5:06am
Quoting parisboy
{quote} Future Line of Demarcation is a Cyclical Tool too. see here : https://www.forexfactory.com/showthr...1#post12772141 Gann has nothing to do with FLD's because in a technical way Gann was NEVER a "Cycle man".
Ok now it ties up, somehow I'm drawn into Hurst and Jenkins not Gann.

And Sergei Tasarov TS is another thing altogether not linked to Hurst or Jenkins, correct ?
Know what you trade
  • #383
  • Feb 26, 2020 5:21am Feb 26, 2020 5:21am
Quoting BWilliam
{quote} Ok now it ties up, somehow I'm drawn into Hurst and Jenkins not Gann. And Sergei Tasarov TS is another thing altogether not linked to Hurst or Jenkins, correct ?
Sergei Tarasov of Timing Solution is a programmer , a researcher , a scientific guy . A brilliant man. But not a trader.

Basically what is a "trader" ? One of my former boss was a trader " I buy, I sell and I live with the difference" !

How do you notice someone is a stock market trader ? The guy asks questions about entries, exits and stop-losses and secondarily how much money (lots) I put on the table.

All other guys are playing with their computer : calculating drawdowns, using explorer to simulate things, asking stupid questions like " does asteroid NGC 254178 has some influence on the market , the EURUSD or the Bitcoin ?
  • #384
  • Feb 26, 2020 5:26am Feb 26, 2020 5:26am
Quoting parisboy
How do you notice someone is a stock market trader ? The guy asks questions about entries, exits and stop-losses and secondarily how much money (lots) I put on the table.

All other guys are playing with their computer : calculating drawdowns, using explorer to simulate things, asking stupid questions like " does asteroid NGC 254178 has some influence on the market , the EURUSD or the Bitcoin ?


I was destined to meet you on FF, first have lots of fun then learn serious trading stuff from you now.

I confess that I never once take an interest in your thread. I thought this cuckoo guy can't be serious draw looping lines overlay price must be smoking something hallucinating fantasy waves.

Never knew you maintained a library of stuff on FF.

You can't imagine how much you have changed my trading.
You are definitely the go to guy.
Thank you Pb.

One last question, is Elliot wave in any way related to any of this ?
And your opinion about Elliot wave ?
Know what you trade
  • #385
  • Edited 10:14am Feb 26, 2020 5:53am | Edited 10:14am
Quoting BWilliam
{quote} I was destined to meet you on FF, first have lots of fun then learn serious trading stuff from you now. I confess that I never once take an interest in your thread. I thought this cuckoo guy can't be serious draw looping lines overlay price must be smoking something hallucinating fantasy waves. Never knew you maintained a library of stuff on FF. You can't imagine how much you have changed my trading. You are definitely the go to guy. Thank you Pb. is Elliot wave in any way related to any of this ?
And your opinion about Elliot wave ?..
Elliott was my first entry methodology on the market in 1972 , hence I have some sentimentality towards him. Paper graph, ruler, pencil, rubber , you know the drill.

The only thing Elliott gave us at the time he wrote "The Wave Principle" is " big Waves are made of little Waves" , concept you can decline in "big Cycles are made of little Cycles" , big Harmonic patterns are made of little Harmonics Patterns" etc... whatever is your pet Trading toy.

Top guys have translated that in "Fractals" or Autosimilarity.

IMHO Elliott Waves as a system has zero value. It does not interest Robert Prechter and Glenn Nealy anymore. They have delegated their customer basis to mercenaries / contractors ! Prechter's customers Elliotician Traditionalists follows Kennedy Seems Prechter and Neely are bore to death to endlessly label "Elliot Waves" Prechter turns to socionomics and Nealy to " River Theory" !

Neither Elliott nor Elliotticians have ever explained what is a Wave, classified and hierarchized rationally Waves, generated operative statistics on waves etc

You cannot replicate Elliott researches, conclusions and "rules" because Elliott has never showed the data on which his "theory' is based. You can not replicate what Elliott did at his time. You can not check if there was some slippage since then or not.

Notice that " Elliott Theory" does not adress the questions of Time and Price relationship.
  • #386
  • Feb 26, 2020 6:03am Feb 26, 2020 6:03am
Quoting parisboy
{quote} Elliott was my first entry tool on the market in 1972 , hence I have some sentimentality towards him. Paper graph, ruler, pencil, rubber , you know the drill. The only thing Elliott gave us at the time is " big Waves are made of little Waves" , concept you can decline in "big Cycles are made of little Cycles" , big Harmonic patterns are made of little Harmonics Patterns" etc... whatever is your pet Trading toy. Top guys have translated that in "Fractals" or Autosimilarity. IMHO Elliott Waves as a system has zero value. Neither Elliott nor...
So you are the guy who meticulously kept graph papers updating Elliot wave plots with the latest daily data. You look like a draughtsman not a trader !
I can imagine you paid a lot of years as Elliotician before you changed course to Hurst, Jenkins and STasarov.
I was not convinced so I followed Dr Elders ts.
And now on your trail.
Know what you trade
  • #387
  • Feb 26, 2020 6:28am Feb 26, 2020 6:28am
EU - the time & price projection for today. Spot on precision.
Attached Image (click to enlarge)
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  • #388
  • Feb 26, 2020 6:42am Feb 26, 2020 6:42am
Euro dying to move north...any little news event sends it souring...anyway my 1 hr demanded I fade that little move and banked a bit...will watch for now....Have to leave the office for a couple hours...talk later..
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  • #389
  • Feb 26, 2020 7:03am Feb 26, 2020 7:03am
EURUSD 15 mn

Jenkins Time Price Conversion Measured Moves + Envelopes 256 (brown) & 32 (blue)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 11 JENKINS TCB + ENVELPES 26 FEVRIER 2020.jpg Size: 149 KB
  • #390
  • Feb 26, 2020 7:05am Feb 26, 2020 7:05am
EU h4
Attached Image (click to enlarge)
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  • #391
  • Feb 26, 2020 8:15am Feb 26, 2020 8:15am
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  • #392
  • Feb 26, 2020 8:30am Feb 26, 2020 8:30am
Reworked the Trend by Angle indicator.
This version can adjust the "anchor point" of Up angles and Down angles separately and also rotate each Up set and Down set separately.
You can also have more than one iteration by changing "SetIdent".

Attached Image (click to enlarge)
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Attached File(s)
File Type: mq4 Trend By Angle V2.mq4   5 KB | 622 downloads



Fulla.
  • #393
  • Edited 9:23am Feb 26, 2020 8:45am | Edited 9:23am
Quoting SunnyCoast
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 this should be very...
SunnyCoast, I am convinced *most* indicators were invented to mess you up. But, by adding Geometric symbols now defines the playing field.
1. Dyad=Pattern Limit
2. Tetrad= Correction Limit
3. Triad=Entry Signal
This was taught to me many years ago, so that being said, these geometric symbols can and will work together on the same chart if applied properly.
DM
You NEVER will be the person you could be, without pressure & discipline
  • #394
  • Feb 26, 2020 8:58am Feb 26, 2020 8:58am
EURUSD 15 mn Follow-up
Attached Image (click to enlarge)
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  • #395
  • Feb 26, 2020 10:37am Feb 26, 2020 10:37am
Procedures : You convert Price (Vertical Axis) in Time (Horizontal Axis)

a) AB = Measured Move between Top T1 and Low L1

Then you project AB from Top T1 and Low L1 ...... and observes where Price Action goes.

a) CD = Measured Move between Top T2 and Low L2

Then you project CD from Top T2 and Low L2 ...... and observes where Price Action goes.

Then you observe a cluster of 2 Time projections AB from Top T1 and CD from Low L2 at the same location

Price Action forms a new Low at this same moment, and reached the visually estimated Lower Limit of the Envelope 256 Time Units (in brown)

Then at this location and at this time Heikin Ashi Candles turn from red bearish to green bullish

Then you open a Long position on the 3 rd Heikin Ashi bar (to avoid a false positive)

You position your First Stop - Loss slightly under the last Low
Attached Image (click to enlarge)
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  • #396
  • Feb 26, 2020 10:39am Feb 26, 2020 10:39am
Here we are :
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 15 mn FOLLOW UP 4 26 FEVRIER 2020.jpg Size: 140 KB
  • #397
  • Feb 26, 2020 10:45am Feb 26, 2020 10:45am
Quoting parisboy
Procedures : You convert Price (Vertical Axis) in Time (Horizontal Axis) a) AB = Measured Move between Top T1 and Low L1 Then you project AB from Top T1 and Low L1 ...... and observes where Price Action goes. a) CD = Measured Move between Top T2 and Low L2 Then you project CD from Top T2 and Low L2 ...... and observes where Price Action goes. Then you observe a cluster of 2 Time projections AB from Top T1 and CD from Low L2 at the same location Price Action forms a new Low at this same moment, and reached the visually estimated Lower Limit of the...
Even with the German Finance ministers's announcement about QE, there was a initial knee jerk reaction that price fell to day low presenting buying opportunity then steadily rose for the last 2hrs in a predominantly bullish market. Another example why fundamental analysis counts for little in live market.
Know what you trade
  • #398
  • Feb 26, 2020 10:48am Feb 26, 2020 10:48am
Quoting BWilliam
{quote} Even with the German Finance ministers's announcement about QE, there was a initial knee jerk reaction that price fell to day low presenting buying opportunity then steadily rose for the last 2hrs in a predominantly bullish market. Another example why fundamental analysis counts for little in live market.
It will count for lots if your on the wrong side
  • #399
  • Feb 26, 2020 10:56am Feb 26, 2020 10:56am
Here is a tip I use all the time AFTER and unusual move...or a big move that is starting to retrace....I use my blank chart and simply place the Jenkins Secret Angle script on it.....and it provides a roadmap......I did not take the long because I was enguages in a talk with someone but had I been able to be at my computer I would have taken the long...where? Right at the bottom of the JSA...a perfect place to take the long....I did get a bunch of the short though...
Attached Image (click to enlarge)
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  • #400
  • Feb 26, 2020 11:01am Feb 26, 2020 11:01am
Quoting BWilliam
{quote} Even with the German Finance ministers's announcement about QE, there was a initial knee jerk reaction that price fell to day low presenting buying opportunity then steadily rose for the last 2hrs in a predominantly bullish market. Another example why fundamental analysis counts for little in live market.
I did a major in finance so I am pretty familiar with "fundamentals". I trade based on conviction and trust. Fundamentals was never in the equation other than indicate potential volatile knee jerk reactions at news release times like this one. Most of my peers share my view on the value of fundamentals in asset valuation. If only it worked as it should. Price and time analysis is my method.
Know what you trade
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