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Michael S. Jenkins teachings

  • #721
  • Mar 3, 2020 10:31pm Mar 3, 2020 10:31pm
Quoting Verde
{quote} No idea what they have read or not. I've been using some of these methods since 2011 and well aware of the pros and cons. Hard fact #1. None of the methods are scannable Hard fact #2. All the price squaring lines can be made to intersect different bars by zooming the chart Read my prior post again and if you still cannot understand it please move on {quote}
I sincerely apologize Verde.... Im just frustrated with some of the incidents the past few days...really big distraction by the self admitted who have not even read Jenkins yet are so critical of just keeping things Jenkins.....yes I agree....Software is the key and I'm about ready to do the Optuma or Ensign charts...this isn't worth all the anxiety... please accept my apology! I was being sarcastic and that is not my personality.
  • #722
  • Mar 4, 2020 1:27am Mar 4, 2020 1:27am
Quoting fundiwambao
It's formed a nice Head and Shoulders as well {image} {image} {image} {image}
Pinned alot higher than I expected.

Thankfully had closed the small open and pending entries before it did ( and substituted with larger lots )

Targets are Jenkins Natural Numbers
[ e.g: Sq( SqRt(Peak) - x ) where x = 1, 2, 3,... ]

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  • #723
  • Mar 4, 2020 2:26am Mar 4, 2020 2:26am
It was a nice setup on gbpnzd this morning, but I missed it.
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  • #724
  • Mar 4, 2020 2:59am Mar 4, 2020 2:59am
Quoting Faraon
It was a nice setup on gbpnzd this morning, but I missed it. {image}
What are you trading here? A retrace to 50 horizontal line, then the breakout of 100 horizontal line for a sell continuation trade?
  • #725
  • Mar 4, 2020 3:10am Mar 4, 2020 3:10am
Quoting Faraon
It was a nice setup on gbpnzd this morning, but I missed it. {image}
Well done I noticed you like trading the GBPNZD, I also like trading the volatile pairs but try to get a view of the bigger picture before pulling the trigger on smaller time frames, you could bag hundreds of pips on the 1 or 4HR setups
  • #726
  • Mar 4, 2020 3:17am Mar 4, 2020 3:17am
Quoting Express
{quote} What are you trading here? A retrace to 50 horizontal line, then the breakout of 100 horizontal line for a sell continuation trade?
Look at this.
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  • #727
  • Mar 4, 2020 3:25am Mar 4, 2020 3:25am
Quoting Faraon
{quote} Look at this. {image}
Kindly express in words what the circle and arrow are actually depicting to you. Yes, I can only see but can't understand what you are seeing.
Thanks.
  • #728
  • Mar 4, 2020 3:27am Mar 4, 2020 3:27am
Quoting Aworex
{quote} Well done I noticed you like trading the GBPNZD, I also like trading the volatile pairs but try to get a view of the bigger picture before pulling the trigger on smaller time frames, you could bag hundreds of pips on the 1 or 4HR setups
Thanks, I am still learning, this stuff with geometry is new to me. I definitely need to start looking for bigger picture, less stressfull I think.
  • #729
  • Mar 4, 2020 4:20am Mar 4, 2020 4:20am
Quoting Express
{quote} Kindly express in words what the circle and arrow are actually depicting to you. Yes, I can only see but can't understand what you are seeing. Thanks.
Did you read jenkin books? Circle, angles, lines don't mean anything on their own, it's just a tool to show potential turning points.
Let me ask another question; Are you familiar with Mark Douglas work?
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  • #730
  • Mar 4, 2020 5:30am Mar 4, 2020 5:30am
Quoting Swede
{quote} Welcome Forensic....you will find some very interesting ways of seeing the market here...this is kind of thinking out of the box.....read some of Jenkins .when you do starting in post 44 there are good instructions on setting up your octave grill and squaring the range. Also, the envelope method has a trader with a Masters Degree in trading the envelope...parisboy

Thanks! This is right up my alley. Reading -Complete stock market trading...and currently on the 'time and price squared chapter'. Exciting stuff! been practicing the squares, will post some pics to get feedback. BTW i am actively reading your posts but can't thumbs up since i am a newbie here. Just so you know, there are students paying attention and i am really glad this thread was started. Many thanks!
  • #731
  • Mar 4, 2020 5:39am Mar 4, 2020 5:39am
morning all/Swede:

how do you deal with consolidations such as in GBP last 2 days. would you leave it alone or applying Jenkins?
Time & Price Forecast - Jenkins
  • #732
  • Edited 6:29am Mar 4, 2020 6:08am | Edited 6:29am
Quoting Faraon
{quote} Did you read jenkin books? Circle, angles, lines don't mean anything on their own, it's just a tool to show potential turning points. Let me ask another question; Are you familiar with Mark Douglas work? https://www.youtube.com/watch?v=fbJU...ature=youtu.be {image} {image} {image}
I can't learn this way. Just explain the trade entry modalities in few words. Just to let you know, I've read all the Jenkin's books shared here, watched the videos too. Its possible you take one of the numerous methods shared by Jenkins and turn it to an entirely new thing that is as more potent.

Thanks
  • #733
  • Mar 4, 2020 6:15am Mar 4, 2020 6:15am
Caution with Markets!
I am Keeping Trades sizes Small and Manageable and will Cut Trades not performing well

Here are the Risks starting NOW:

- FED cut rates as much as 0.5 (this is Huge) yesterday UNEXPECTEDLY in EMERGENCY and markets have gone crazy
- AUD also Cut Rates
- NZD will CUT Rates as well UNANNOUNCED
- CAD -Turn Today to reduces rates- expectation of 0.5 instead of 0.25 (USDCAD-EURCAD-CADJPY should go Crazy)
- GBP - expected to cut upto 0.5 -anytime soon -UNANNOUNCED
- EUR - Interest Rates already -ve, May Cut More - anytime UNANNOUNCED (ECB Meeting Scheduled Next Week)
- CHF - Already -ve Rates - May Intervene in Market Anytime.

good luck
Time & Price Forecast - Jenkins
  • #734
  • Mar 4, 2020 6:26am Mar 4, 2020 6:26am
USD/CAD VIEW
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Time & Price Forecast - Jenkins
  • #735
  • Mar 4, 2020 7:45am Mar 4, 2020 7:45am
Quoting Leacher
morning all/Swede: how do you deal with consolidations such as in GBP last 2 days. would you leave it alone or applying Jenkins?
The last few days there were many good 50% JSA trades....for 20-40 pips....it hase been bouncing off this level all week....it only takes a small push now for it to head south....I guess caution needed..
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  • #736
  • Edited 7:59am Mar 4, 2020 7:49am | Edited 7:59am
Quoting Swede
I wish I knew why all the problems with these 4....we haven't done a thing to any of them...tried to reason with them that we were trying to keep this as close as possible to the Jenkins formula......I even helped parisboy to work on the envelopes so they would work properly on mt4....spent tons of time tweaking things so we could all use our mt4...I know its not perfect, but what does work are the levels, octaves, time and price cycles, time conversion bars, and Jenkins Secret Angle....they work fine with mt4..... I know none of it is perfect...we...
This topic is very good ... And only those who dedicate themselves and really study will do well..

Some people are looking for charts ready to trade without having to work...They should be grateful for all the content have here and for free.

Those who do not earn money nowadays .. it is because there is something wrong .. this market moves more than 5 trillion a day .. thank God, there were Gann,and other geniuses in the past e have Jenkins who had ideas to help today.


Thanks for your time Swede, and Peter too.


"Forex is the hardest way to make money easy"

  • #737
  • Mar 4, 2020 8:18am Mar 4, 2020 8:18am
Quoting Swede
{quote} The last few days there were many good 50% JSA trades....for 20-40 pips....it hase been bouncing off this level all week....it only takes a small push now for it to head south....I guess caution needed.. {image}
Thx for the explanation for GBP.

I'm on the same trade and have exited now due the below fact....

90 Angle Basing targeting 1.2850-70 zone....m out of all short Trades for now.
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Time & Price Forecast - Jenkins
  • #738
  • Mar 4, 2020 8:25am Mar 4, 2020 8:25am
UK coronavirus cases jump by 34 to a total of 85 - BBC
Time & Price Forecast - Jenkins
  • #739
  • Mar 4, 2020 10:21am Mar 4, 2020 10:21am
Quoting Leacher
{quote} Thx for the explanation for GBP. I'm on the same trade and have exited now due the below fact.... 90 Angle Basing targeting 1.2850-70 zone....m out of all short Trades for now. {image}
I noticed you drew your 90 degree from a smaller swing....notice the JSA where the bounce has occured since Feb 28... and because the bounce repeated itself over and over it became a valid entry over and over....Now today, see the big arrow...that is the reason for the Jenkins Secret Angle in the first place...it is 1/2 the angle of the impulse wave...and it became pretty clear it was not going north....anyway, just wanted to mention it is good to experiment a bit with the angle to identify a valid area...
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  • #740
  • Mar 4, 2020 11:52am Mar 4, 2020 11:52am
Quoting DiamondMiner
{quote}Swede, I see Davit's Valid Point. DM

Ban those who can't play nicely with others.
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