Michael S. Jenkins teachings

Quoting Geester

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{quote} Does this look about right - GU, M15 - never used Gann Grid before, really interesting. {image}

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Quoting Swede

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{quote} looks good...just remember the higher the time frame, the stronger the level...do some experimenting with what you have there...maybe open up the squares a bit, make larger.... Have you noticed the Optuma charts DM and others sometimes post...how they focus in on the square within other gridlines...this is how you overcome the problem with Mt4....you can make and trade off the same squares by doing the work and experimenting with it...nice work one more thing...make sure your grid lines you draw in discect perfectly...both vertical and horizontal...

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Quoting Swede

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So now...after this little tutorial...can you see the Value of those lines....GBP falling like a rock atm...it was bound to happen..you could have taken the trade at the trendline or taken this morning at the open..at the break of the low of the high bar......this is all Jenkins stuff my friends.. {image}

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Quoting sponge

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Would it be fair to say you guys may have to suffer some steep drawdown with this system?

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Quoting sponge

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Would it be fair to say you guys may have to suffer some steep drawdown with this system?

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Quoting sponge

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Would it be fair to say you guys may have to suffer some steep drawdown with this system?

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Quoting Faraon

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{quote} This is not a "system". It's rather a specific way of view on charts. It's about knowing in advance where and when to enter the trade, exit the trade, add more positions or stay away from game - all in the context of current price action. What all of this have to do with drawdown?

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Quoting Pnaveen

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3575285

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Quoting Swede

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One of the things I find super confusing is the multiple angles one can draw using automatic drawing tools ...what angle do I use, why here, how is this significant. so for me less is more...when you add some squares and dissect them with horizontal and vertical lines...you have set up a series of 90 degreen offset and 45 degree offsets without even drawing hardly...then do some basic things like the last significant impulse wave and a few angles off of them like the 1 x 1 to clarify some levels and you have a chart that is tradeable....imho......

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Quoting sponge

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Yes I understand guys, thanks. I am asking if I enter and place a stop it is possible I would get whipsawed many, many times until the move expected happens ? Losing money and confidence in the signal is the result unless your going long term with deep pockets? No way I am being negitive I love this game Faraon Drawdown is everything ....how deep are your pockets?

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Quoting Geester

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{quote} Swede, on these Gann square drawing that you have been very kindly posting today, it appears that you haven't used the "standard" Octaves. The additional lines over and above the Gann Squares are extremely precise in the way that you have drawn them and, it's just hard to be so precise with Cycle verticals. I'm not saying you don't use Octaves ever, I'm just seeking clarification that you haven't used them on the Gann square charts you have posted today. Would my assumption be correct? Cheers!

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