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Michael S. Jenkins teachings

  • #961
  • Mar 10, 2020 3:54pm Mar 10, 2020 3:54pm
Quoting sponge
{quote} not found
Im like you sponge...I absolutely hate draw downs...that is what brought me to this method...after some practice one can get very precise in your entries...seldom is there much of a draw down...a few pips perhaps but nothing like some of the swing trades I see people getting trapped into...read the Jenkins stuff..it is worth spending time on, you will look at the market quite differently after awhile..
  • #962
  • Mar 10, 2020 4:00pm Mar 10, 2020 4:00pm
final post of the day.....just a couple hours ago I pointed out a 30 pip touch and reverse on the Cad.....now its turned to + 60 pips...so...just one a day of these counter moves can make your account swell...and little to no draw down....
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  • #963
  • Mar 10, 2020 4:22pm Mar 10, 2020 4:22pm
Quoting Swede
{quote} glad you mentioned that....on my daily chart I use this method shown today...and by the way the verticals and horizontals are drawn, using your mt4 trend line tools ,,,not the octaves...that is why you couldn't make them line up....it takes a few more minutes but well worth the effort because your daily chart, once set up is good for weeks before you need to make any re drawing. Now on your hourly, or 15 min chart octaves are a real good level to consider trading because they represent 8 levels from high to low of the last major swing...you...
OMG, I just tried to use the Gann Grid tool in MT5 and it's an absolute doddle to set up by comparison to MT4.

You drag the lines or increase them but it always maintains the 45 degree angle relative to the current scale of the chart:-

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Then you get display when you release the mouse:-

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By copying the same grid, change the properties and move it sideways, you easily get the sub-grid without using trend lines:-

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Main properties:-

Attached Image
  • #964
  • Mar 10, 2020 4:26pm Mar 10, 2020 4:26pm
Optuma, offers many options for your charts.
https://help.optuma.com/kb/faq.php?id=366

and can be Completely Customised
https://help.optuma.com/kb/faq.php?id=1054
You NEVER will be the person you could be, without pressure & discipline
  • #965
  • Mar 10, 2020 4:35pm Mar 10, 2020 4:35pm
I took the bottom low to the first following high - so, not really subjective, and this is what I got:-

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It's actually pretty amazing how it lines up with price action from BEFORE the point that I started the grid!
  • #966
  • Mar 10, 2020 4:40pm Mar 10, 2020 4:40pm
Quoting DiamondMiner
Optuma, offers many options for your charts. https://help.optuma.com/kb/faq.php?id=366 and can be Completely Customised https://help.optuma.com/kb/faq.php?id=1054
Ah, this makes sense now with your earlier posted charts. It's an Optuma "Gann Box". It seemed very funky and "way out man" But, yes, I see it now! Thanks for posting DM.
  • #967
  • Mar 10, 2020 9:06pm Mar 10, 2020 9:06pm
Quoting Swede
final post of the day.....just a couple hours ago I pointed out a 30 pip touch and reverse on the Cad.....now its turned to + 60 pips...so...just one a day of these counter moves can make your account swell...and little to no draw down.... {image}
Hi Swede ...How did you get such a wonderful grid on your Charts? That is SO cool!

Jeff
Happily Married to MY College Sweet Heart!
  • #968
  • Mar 10, 2020 10:27pm Mar 10, 2020 10:27pm
I was late opening a sell position. I should have got 100 pips.

the earth rotates every hour is 15 degrees. so 360 degrees divided 24 hours .
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  • #969
  • Mar 10, 2020 10:46pm Mar 10, 2020 10:46pm
Quoting Jeff59FX
{quote} Hi Swede ...How did you get such a wonderful grid on your Charts? That is SO cool! Jeff
Hi Jeff...go to the inserts tab on your mt4 platform ...upper LH area of the platform...click on Gann ..a menu will offer several thing I click g Gann grid....open on your chart and do some adjustments ....I'm on my cellphone tonight...check with me tommorow if u need help..
  • #970
  • Mar 11, 2020 2:12am Mar 11, 2020 2:12am
Quoting Swede
{quote} Im like you sponge...I absolutely hate draw downs...that is what brought me to this method...after some practice one can get very precise in your entries...seldom is there much of a draw down...a few pips perhaps but nothing like some of the swing trades I see people getting trapped into...read the Jenkins stuff..it is worth spending time on, you will look at the market quite differently after awhile..
Thanks Swede
All charts/ideas based on UK time zone
  • #971
  • Mar 11, 2020 3:56am Mar 11, 2020 3:56am
Greetings to all Jenkins followers, I’m re-reading books and hope to catch up with you guys in the future
Make your own rules and stick to it.
  • #972
  • Mar 11, 2020 4:14am Mar 11, 2020 4:14am
GBPUSD: M15 Classic JSA w/Octaves
CAUTION : RED NEWS GBP
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Time & Price Forecast - Jenkins
  • #973
  • Mar 11, 2020 7:01am Mar 11, 2020 7:01am
EURUSD JSA Short w/Octaves
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Time & Price Forecast - Jenkins
  • #974
  • Mar 11, 2020 7:06am Mar 11, 2020 7:06am
ECB: expected to CUT Rates or announce massive QE BEFORE tomorrows announcement. the earlier the better!
Time & Price Forecast - Jenkins
  • #975
  • Mar 11, 2020 7:48am Mar 11, 2020 7:48am
Quoting Swede
{quote} Hi Jeff...go to the inserts tab on your mt4 platform ...upper LH area of the platform...click on Gann ..a menu will offer several thing I click g Gann grid....open on your chart and do some adjustments ....I'm on my cellphone tonight...check with me tommorow if u need help..
Thank you so much for your insight!
Happily Married to MY College Sweet Heart!
  • #976
  • Edited 10:16am Mar 11, 2020 8:28am | Edited 10:16am
USDCAD: Watching for Weakness @ 90Angle, Octaves in play

Waiting for H1 Low To be broken of the High Bar
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Time & Price Forecast - Jenkins
  • #977
  • Mar 11, 2020 9:14am Mar 11, 2020 9:14am
Uc seems opposite the oil...oil is burning!!!
I'm waiting UC fill the gap!
  • #978
  • Mar 11, 2020 10:13am Mar 11, 2020 10:13am
these days Gap Traders are being Targeted. Better trade what you see.

Quoting Marcieny
Uc seems opposite the oil...oil is burning!!! I'm waiting UC fill the gap!
Time & Price Forecast - Jenkins
  • #979
  • Mar 11, 2020 10:27am Mar 11, 2020 10:27am
Another day of the DOW in the tank..... Oh Brother !!!!
You NEVER will be the person you could be, without pressure & discipline
  • #980
  • Mar 11, 2020 10:36am Mar 11, 2020 10:36am
Quoting Leacher
these days Gap Traders are being Targeted. Better trade what you see. {quote}
Is true... need be carefull

gaps appear because of the divergence.
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