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Michael S. Jenkins teachings

  • #621
  • Mar 2, 2020 1:10am Mar 2, 2020 1:10am
Even though i have been trading from 3 years using astrology, i never used geometry. I stumbled up on to this thread while searching for something else on google.

I have learned a lot in the past week or so.

Just signed up to thank DiamondMiner, Parisboy, and Swede.

Your charts and explanations are amazing, insightful and very very interesting.

Keep up the good work.

A thousand thanks...
  • #622
  • Mar 2, 2020 2:50am Mar 2, 2020 2:50am
Another TP hit, gbpnzd +110 pips. I still experimenting, don't know if the scale of the chart is good.
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  • #623
  • Mar 2, 2020 3:54am Mar 2, 2020 3:54am
hi DM/Swede:

we really appreciate your time and effort in alleviating our level of trading. plz continue to guide us in the right direction. resources are available every ever but no one shows the real application in trading. we have a lot to learn and practice. maybe its wise not to answer irrelevant questions. anyways, hope to you back soon!

over the weekend, studied in detail JSA but haven't been of much success as im trying to make the JSA manually so gain complete knowledge and its application. my specific questions:

1-In an Uptrend (decided by HH on D1), taking countertrend trade with JSA on M15-M30 is recommended or not?

2-Similarly, in an uptrend, with JSA, 1st level Buy would be 50% Fib if support holds decided by Bullish candles or HH consolidation and 2nd level Buy would be 100% retrace of the Fib retracement with Bullish candles or HH Consolidation? USD/CAD M15 Chart with JSA for instance.


3- Octave levels - if breached by PA, what to do? expand it or leave it for the day without looking for trades?

many thx
leacher
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Time & Price Forecast - Jenkins
  • #624
  • Mar 2, 2020 4:33am Mar 2, 2020 4:33am
USD Index Daily Forecast: 96.30-50 Level (DONOT SHORT EURO)
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Time & Price Forecast - Jenkins
  • #625
  • Mar 2, 2020 5:01am Mar 2, 2020 5:01am
USDCAD - looks good for a SHORT around 1.3380-90 level with bearish PA
Time & Price Forecast - Jenkins
  • #626
  • Mar 2, 2020 6:03am Mar 2, 2020 6:03am
Hi, I am reading the book Secret Angle Method. Mr.Jenkins doesn't mention how to draw AB, AC, FL and FK lines (page 14). Could anyone please show me how?
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  • #627
  • Edited 7:09am Mar 2, 2020 6:57am | Edited 7:09am
I received a pm about my last trade to explain what was my way of thinking, so i decided to write it here for benefit of all.

1. I marked high and low of impulse wave with horizontal lines on Sunday; next thing was taking values of that high and low and divide it by multiple of 2 to get angle values (look at attached picture example from jenkins book)
206728/2028 =100,94/2 =50,47/2 =25,23
203321/2048 =99,27/2 =49,63/2 =24,81
2. next I marked trend lines using that angles
3. today morning saw that these marked lines “was making sense” together with lines marked before using jenkins script
4. price was going up after blue crossing, bouncing off the red line and next “didn’t wanna go higher” – new high of this micro swing was quickly “rejected”
5. price was near the 50 level that was hitted multiple times (major S/R that become too obvious for my taste)
5. price was also close to the red crossing, so I expected to change of direction in the near future – I entered on price crossing of the blue line, set TP on the high of the low candle that touched 0.0 level
6. it was 9 AM so Frankfurt/London open
7. price went rapidly into my TP

And if I didn’t have set TP, I would get out of this trade on the time of red crossing.
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  • #628
  • Mar 2, 2020 7:43am Mar 2, 2020 7:43am
Quoting Swede
And do the work.....go to the stationary story and buy one of these...it will be essential to working with what we will be discussing. {image}
  • #629
  • Mar 2, 2020 8:41am Mar 2, 2020 8:41am
no more up today?

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  • #630
  • Mar 2, 2020 8:46am Mar 2, 2020 8:46am
Quoting juhanimi
{quote} I am not there yet, trying to understand Secret Angle first. Is that white line Equilibrium and if it is, price should move up to 0 or 100? {image}
I nailed it. Funny, after 1 hour with book. Feels good.
  • #631
  • Mar 2, 2020 9:01am Mar 2, 2020 9:01am
Quoting Express
{quote} Got that already, thanks. Every information in the PDFs is vital.
Looks like this?

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  • #632
  • Mar 2, 2020 9:11am Mar 2, 2020 9:11am
Daily

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  • #633
  • Mar 2, 2020 9:12am Mar 2, 2020 9:12am
Quoting juhanimi
{quote} Looks like this? {image}
Don't understand what these lines represent. Clarify please.
  • #634
  • Mar 2, 2020 9:16am Mar 2, 2020 9:16am
Quoting artraveler
{quote} Don't understand what these lines represent. Clarify please.
https://www.forexfactory.com/showthr...5#post12784355
  • #635
  • Mar 2, 2020 9:25am Mar 2, 2020 9:25am
Got it. Thanks.
  • #636
  • Mar 2, 2020 11:51am Mar 2, 2020 11:51am
You know, real life can intrude making chart watching difficult to impossible. Wondering if anyone is using these terrific concepts on H4 or up?

I understand, in principle, this is fully appropriate on greater TFs . . . but what I see is H1 and down . . . and maybe that is indeed the best way to go IF YOU
CAN.

FS
  • #637
  • Mar 2, 2020 12:57pm Mar 2, 2020 12:57pm
Quoting furoushotoku
Hi, I am reading the book Secret Angle Method. Mr.Jenkins doesn't mention how to draw AB, AC, FL and FK lines (page 14). Could anyone please show me how? {image}
Starting at A, draw a line to the intersection of the 75% retracement level and the 90º line (black elipse).
Next, starting at F, draw a line through the 25% level where it crosses the first line (red elipse).
And so on...
  • #638
  • Mar 2, 2020 1:04pm Mar 2, 2020 1:04pm
Quoting Forest-Sea
You know, real life can intrude making chart watching difficult to impossible. Wondering if anyone is using these terrific concepts on H4 or up? I understand, in principle, this is fully appropriate on greater TFs . . . but what I see is H1 and down . . . and maybe that is indeed the best way to go IF YOU CAN. FS
I have the majors on one computer showing only daily charts using JSA....JUST FOR LONG TERM ENTRIES...ONLY NEED TO CHECK ONCE PER DAY...

Here is one tip on the 15 min charts.....every single day the pound/dollar has reacted perfectly on the retrace to the JSA retrace level....not sure why it works so well for gbp...but it does. notice how much the chart is squeezed...dont have to do much more because even the 90 degree is nearly right on without scaling.
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  • #639
  • Mar 2, 2020 1:38pm Mar 2, 2020 1:38pm
Quoting Swede
{quote} I have the majors on one computer showing only daily charts using JSA....JUST FOR LONG TERM ENTRIES...ONLY NEED TO CHECK ONCE PER DAY... Here is one tip on the 15 min charts.....every single day the pound/dollar has reacted perfectly on the retrace to the JSA retrace level....not sure why it works so well for gbp...but it does. notice how much the chart is squeezed...dont have to do much more because even the 90 degree is nearly right on without scaling. {image} {image} {image}
u nailed it. Well done.
Time & Price Forecast - Jenkins
  • #640
  • Mar 2, 2020 1:46pm Mar 2, 2020 1:46pm
Quoting DiamondMiner
A word to those to whom never tried Jenkins methods. If one would learn to spot the Impulse wave, and learn to draw the Angles, you very easily are going to learn from there how to enter and exit the trade, that in itself is 85% of the work.....Easy Peasy...
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