Michael S. Jenkins teachings | Page 42 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

simple and clear advice for new traders, no cryptic teachings 36 replies

Forex Audio Books and Teachings 5 replies

Michael's CHART Pattern trading is back! 0 replies

Getting Started in Currency Trading by Michael Archer 0 replies

Attachments: Michael S. Jenkins teachings
Exit Attachments

Michael S. Jenkins teachings

  • #821
  • Mar 6, 2020 3:18am Mar 6, 2020 3:18am
Quoting makenas
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?
I did yesterday MTF levels with that script, levels from H4, H1,M15 and M5, I don`t know, maybe good.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 23 KB
  • #822
  • Edited 4:48am Mar 6, 2020 4:26am | Edited 4:48am
morning all

Trade Carefully - end of week - major news coming up - markets usually go in the direction of the existing trend.

- USD INDEX has a gap at 95.70 on 1st July 2019 level and looks like we will be there as I write - a possible bottom - but PA should tell in next few days.

- EURUSD with D1 Octaves and 90 Offset Angle
Current resistance at 7th Octave....looks like we will make up to 8th level around 1.4000 and then correction
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4-Octaves-90.png Size: 117 KB
Time & Price Forecast - Jenkins
  • #823
  • Mar 6, 2020 4:48am Mar 6, 2020 4:48am
Quoting juhanimi
{quote} I did yesterday MTF levels with that script, levels from H4, H1,M15 and M5, I don`t know, maybe good. {image}
Apart from this thread and the sister thread,the best thing to have happened to in forex trading is Jenkins Natural Ratios spreadsheet
  • #824
  • Mar 6, 2020 4:53am Mar 6, 2020 4:53am
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}

hi Macbow:

Could you also make a simple spreadsheet to find SqRt of SqRt added to to each level to find next resistance or support from either Swing low OR Swing high.

many thx
leacher
Time & Price Forecast - Jenkins
  • #825
  • Mar 6, 2020 5:47am Mar 6, 2020 5:47am
Attached Image (click to enlarge)
Click to Enlarge Name: 20200306_xagusd_h1_square_angles_circle_target.png Size: 55 KB


PS: my square is the usual square, but here's a method to draw offset squares (using circles, pitchfork and trendlines )

https://www.forexfactory.com/showthr...6#post12584436

Cheers
  • #826
  • Mar 6, 2020 6:19am Mar 6, 2020 6:19am
hi Swede

I know you are there waiting like a Hawk to capture those pips....

anything care to share?

- GBP - Chart Posted yesterday - achieved its target on 8th Octave - wont short - look bullish

- EUR - On the 7th Octave - needs one more push to the upside to 1.350-1400 for the rally to fail - only scalping based on octaves - Chart posted earlier

thx
leacher
Time & Price Forecast - Jenkins
  • #827
  • Mar 6, 2020 6:28am Mar 6, 2020 6:28am
Going to stay on the sidelines this morning, at least until all the news is dispersed....there can be some huge moves because Euro and Gbp in no way should be where they are at normally...Europe and Britain should be feeling the effects of the virus like everyone else...but US equities seem to be hit the hardest and there are hardly any cased in US...so who can figure this out will be the next Czar of the financial community...
  • #828
  • Mar 6, 2020 6:32am Mar 6, 2020 6:32am
Cad should be a mover today...lots of news coming up...this chart is using the spreadsheet with simple square root ratio method..
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-03-06_0530.png Size: 48 KB
  • #829
  • Mar 6, 2020 6:33am Mar 6, 2020 6:33am
Quoting Swede
Going to stay on the sidelines this morning, at least until all the news is dispersed....there can be some huge moves because Euro and Gbp in no way should be where they are at normally...Europe and Britain should be feeling the effects of the virus like everyone else...but US equities seem to be hit the hardest and there are hardly any cased in US...so who can figure this out will be the next Czar of the financial community...

Iran reports another 1,234 new coronavirus cases today, total at 4,747 cases now
That is the biggest daily jump in reported cases so far in Iran
Not the best of news to calm fears ahead of the weekend. Again, the disruption
Time & Price Forecast - Jenkins
  • #830
  • Mar 6, 2020 6:35am Mar 6, 2020 6:35am
Quoting Swede
Going to stay on the sidelines this morning, at least until all the news is dispersed....there can be some huge moves because Euro and Gbp in no way should be where they are at normally...Europe and Britain should be feeling the effects of the virus like everyone else...but US equities seem to be hit the hardest and there are hardly any cased in US...so who can figure this out will be the next Czar of the financial community...

Good Suggestion - better to wait than sorry.
Time & Price Forecast - Jenkins
  • #831
  • Mar 6, 2020 6:44am Mar 6, 2020 6:44am
Quoting Leacher
{quote} Good Suggestion - better to wait than sorry.
Cnbc reports European stocks down sharply...now we need good employment numbers to boost USDX and we will see a pullback on both Cable and Euro...will be an interesting morning...keep safe..lol
  • #832
  • Mar 6, 2020 6:53am Mar 6, 2020 6:53am
Swede

i think any one of the Jenkins application at a time is enough to make a trading strategy. Like, if I see a good level on Octaves, I would take a trade. Or if the JSA is applied and shows a good place to go long or short, would jump in. At least for me, it has paid me well.

mixing too much stuff on a single chart makes it confusing.

i will be on the sidelines for now till the news passes by and prices gets settled, if at all. Weekend is a big risk holding trades.
Time & Price Forecast - Jenkins
  • #833
  • Mar 6, 2020 7:09am Mar 6, 2020 7:09am
first time this week the hourly actually broke the low of the high bar.....this chart is using Jenkins Ratios based on the bottom swing and using the 45 to draw cycle lines...
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-03-06_0606.png Size: 47 KB
  • #834
  • Edited 9:33am Mar 6, 2020 9:20am | Edited 9:33am
Good numbers for USD and CAD but the market is not buying it...hard to imagine...anyway it is what it is...going to watch...Euro showing some resistance and this hour needs to close under the high bar to get my interest..

next res 1.30790 according to the Jenkins Ratio
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2020-03-06_0817.png Size: 31 KB
Click to Enlarge Name: 2020-03-06_0831.png Size: 49 KB
Click to Enlarge Name: 2020-03-06_0833.png Size: 63 KB
  • #835
  • Mar 6, 2020 10:41am Mar 6, 2020 10:41am
Quoting fundiwambao
{image} PS: my square is the usual square, but here's a method to draw offset squares (using circles, pitchfork and trendlines ) https://www.forexfactory.com/showthr...6#post12584436 Cheers
Fundi, You called it almost perfect. I noticed that most of you divisions turned out to be turning points(by and large). Great job !!!!
If I only knew what BTC was going to do like you did with XAGUSA? Hum?
You NEVER will be the person you could be, without pressure & discipline
  • #836
  • Mar 6, 2020 11:02am Mar 6, 2020 11:02am
Today scalps gbpnzd: +31, +3, +16, +7 = 57 pips. The amount of missed opportunities and pips left on the table is outrageous, I need to concentrate more.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPNZDM15y.png Size: 45 KB
Click to Enlarge Name: GBPNZDM15yy.png Size: 46 KB
  • #837
  • Mar 6, 2020 2:01pm Mar 6, 2020 2:01pm
Quoting Faraon
Today scalps gbpnzd: +31, +3, +16, +7 = 57 pips. The amount of missed opportunities and pips left on the table is outrageous, I need to concentrate more. {image} {image}
Relax Farao. There is opportunities every day many times, you don`t have to be rich in one day. 57 pips .
  • #838
  • Mar 6, 2020 3:08pm Mar 6, 2020 3:08pm
Quoting juhanimi
{quote} Relax Farao. There is opportunities every day many times, you don`t have to be rich in one day. 57 pips .
57 pips @ $10 a pip is a days pay. Nothing wrong with that. Somedays the market doesn't throw big swings, when I see that I adjust my trading plan accordingly.
You NEVER will be the person you could be, without pressure & discipline
  • #839
  • Mar 6, 2020 3:40pm Mar 6, 2020 3:40pm
I am new to this thread but am really fascinated by this Michael Jenkins teachings who I have never heard of before. I have discovered in the last few days that its almost impossible to get a hold of this man to ask some questions as he gets more than 100 emails per day.

He has so many different options with different courses, video's, and books on his web site that it gets really confusing . Can someone help me with some advise as to where I would start or some suggestions would be greatly appreciated.

Obviously without going out and purchasing everything on his web site, I though it would be best to ask all of you that have had some experience with his teachings. I dont believe in taking any short cuts to learn his methods, but from what I have been reading on this thread its also not necessary to learn all his methods at one time, and to start with and move my way up one step at as time.
  • #840
  • Mar 6, 2020 4:30pm Mar 6, 2020 4:30pm
Quoting makenas
{quote} Apart from this thread and the sister thread,the best thing to have happened to in forex trading is Jenkins Natural Ratios spreadsheet
Okey thanks. I am not there yet.
7 traders viewing now