Michael S. Jenkins teachings | Page 41 | Forex Factory

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Michael S. Jenkins teachings

  • #801
  • Edited 11:46am Mar 5, 2020 10:16am | Edited 11:46am
Big RED news at 12:00 pm Eastern today regarding GBP Gov Carney Speaks and it will be volatile so keep that in mind if your trying to trade this beast...lol
  • #802
  • Mar 5, 2020 10:21am Mar 5, 2020 10:21am
Quoting juhanimi
looks like same to me {image}
take a bigger picture of this overall move...squeeze your chart a bit and then draw the offset....
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  • #803
  • Mar 5, 2020 10:44am Mar 5, 2020 10:44am
Quoting juhanimi
{quote} Forex world champion uses volume and DeMark. http://www.volumespreadanalysis.com/...%20Article.pdf Studies shows over 90% correlation. MT4 volume shows activity, good to know where it happens and when it happens? Let`s forget about volume now and move on. I just wanted to know if yours half angle was same than I have, if the Fibo box is about right place.
Why not use the script JSA? And your protractor to scale your chart so all angels are correct...then scale fix.
  • #804
  • Mar 5, 2020 10:48am Mar 5, 2020 10:48am
same
You don`t use that Secret Angle Method?

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  • #805
  • Mar 5, 2020 11:06am Mar 5, 2020 11:06am
Quoting juhanimi
same You don`t use that Secret Angle Method? {image}
Have you not been reading the posts? do you have the JSA script? you dont need to hand draw. Here is the daily...the script has been adjusted to precision levels...the 90 is a true 90....
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  • #806
  • Mar 5, 2020 11:18am Mar 5, 2020 11:18am
Quoting Swede
{quote} Have you not been reading the posts? do you have the JSA script? you dont need to hand draw. Here is the daily...the script has been adjusted to precision levels...the 90 is a true 90.... {image}
Thanks, that makes it easier.
  • #807
  • Mar 5, 2020 11:37am Mar 5, 2020 11:37am
Even M1 trading goes now, perfect, thanks.
  • #808
  • Edited 2:31pm Mar 5, 2020 1:15pm | Edited 2:31pm
If anyone is interested, I made up a spreadsheet to figure the Jenkins Natural Ratio levels. Simply input the low and high prices in left upper corner, and it will figure the value of level/level and the subsequent levels, the square root of the value and subsequent levels, and the square root of the square root and subsequent levels.
Attached File(s)
File Type: xlsx JENKINS NATURAL RATIOS CALCULATOR.xlsx   18 KB | 862 downloads
  • #809
  • Mar 5, 2020 1:56pm Mar 5, 2020 1:56pm
Quoting macbow
If anyone is interested, I made up a spreadsheet to figure the Jenkins levels. Simply input the low and high prices in left upper corner, and it will figure the value of level/level and the subsequent levels, the square root of the value and subsequent levels, and the square root of the square root and subsequent levels. {file}
That’s great,...only thing is the levels all need to be calculated based on the low.......or off the high but not both
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  • #810
  • Mar 5, 2020 2:22pm Mar 5, 2020 2:22pm
Just taking a helicopter view of EUR USD.
Currently starting to struggle in 7/8th Octave Zone just under DEC 2019 High.

See what Friday brings to point the way. The System is encouraging long traders to put their stops under 1.11 with that double bottom. They'll probably get taken and there is a gap to fill from start of March around 1.1030 ish.

All food for thought.

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Empty your mind and let the market guide you
  • #811
  • Mar 5, 2020 2:30pm Mar 5, 2020 2:30pm
Quoting Swede
{quote} That’s great,...only thing is the levels all need to be calculated based on the low.......or off the high but not both {image}

Hi Swede,

Sorry for creating confusion. This is for the Jenkins Natural Ratios. I have renamed the file to be sure I don't cause anyone else confusion, and edited the original post.
Attached File(s)
File Type: xlsx JENKINS NATURAL RATIOS CALCULATOR.xlsx   18 KB | 674 downloads
  • #812
  • Edited 3:08pm Mar 5, 2020 2:49pm | Edited 3:08pm
Quoting macbow
{quote} Hi Swede, Sorry for creating confusion. This is for the Jenkins Natural Ratios. I have renamed the file to be sure I don't cause anyone else confusion, and edited the original post. {file}
Perfect...that is really helpful....that is the other method I was going to get into...I have done all that by hand and this will be very usefull...probably even more accurate than the Square off the low....thanks again!! here is the impulse move (pink) and calculations off the low to high on that...terrific....will help a lot...(gbp/usd 1 hour0
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  • #813
  • Mar 5, 2020 4:05pm Mar 5, 2020 4:05pm
Just want to say a massive thank to the patrons of this thread. You efforts and time is much appreciated.
  • #814
  • Mar 5, 2020 4:27pm Mar 5, 2020 4:27pm
Just been playing with the Octave levels - nice to see how the lines are respected - even past the 100%
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  • #815
  • Mar 5, 2020 5:14pm Mar 5, 2020 5:14pm
Thanks to macbow it is very easy to do the square root calculation from swing low to high...and place the levels on your chart....then use a true 45 degree angle from the bottom and also place the vertical line at the crossing of the horizontal lines... so to clarify once again you will need the following for your charts...
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Attached File(s)
File Type: xlsx JENKINS LEVELS CALCULATOR.xlsx   18 KB | 1,038 downloads
File Type: ex4 ADR_v2.ex4   11 KB | 449 downloads
File Type: ex4 Michael Jenkins Angle Script v1.0.ex4   49 KB | 695 downloads
File Type: ex4 Circle Script v1.0.ex4   33 KB | 525 downloads
  • #816
  • Mar 5, 2020 5:29pm Mar 5, 2020 5:29pm
From Jenkins book.....
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  • #817
  • Mar 5, 2020 7:08pm Mar 5, 2020 7:08pm
Quoting macbow
If anyone is interested, I made up a spreadsheet to figure the Jenkins Natural Ratio levels. Simply input the low and high prices in left upper corner, and it will figure the value of level/level and the subsequent levels, the square root of the value and subsequent levels, and the square root of the square root and subsequent levels. {file}
Really helpful. Thank you for sharing.
  • #818
  • Mar 6, 2020 2:36am Mar 6, 2020 2:36am
entry, exit, so simple

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  • #819
  • Mar 6, 2020 3:05am Mar 6, 2020 3:05am
Quoting macbow
{quote} Hi Swede, Sorry for creating confusion. This is for the Jenkins Natural Ratios. I have renamed the file to be sure I don't cause anyone else confusion, and edited the original post. {file}
Thank you for this,its very helpful,the process of calculation manually is tedious though worthwhile.
  • #820
  • Mar 6, 2020 3:10am Mar 6, 2020 3:10am
Am having dificulties lining up the both script especially when i change zoom,so this This is for the Jenkins Natural Ratios,will come in handy.Is there a way we can get the levels on the chart other than doing manually?
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