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Michael S. Jenkins teachings

  • #1,061
  • Mar 14, 2020 11:10am Mar 14, 2020 11:10am
And the last one...

BTC/USD.

Don't want to spam this thread... only looking for answers how to trade this.

different charts and different conditions, but the nr 9 of the timezone tells us something….
only i don't know what…..
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Click to Enlarge Name: BTCUSD.PNG Size: 143 KB
  • #1,062
  • Mar 14, 2020 11:51am Mar 14, 2020 11:51am
Quoting Whatsaname
And the last one... BTC/USD. Don't want to spam this thread... only looking for answers how to trade this. different charts and different conditions, but the nr 9 of the timezone tells us something…. only i don't know what….. {image}
I believe, many will see the opportunity to see BTC, Link, and ETH explode this year. It's my speculation, not based upon and forecasting or analysis. I remember when BTC was $0.08 in July 2010 and why I never threw $100 at it just to see what it would do is beyond me? Trust me, good trading is having another set of eyes in the back of your head.
Attached Image
All I can say is: when something looks interesting: Do Your Own Research !!!
You NEVER will be the person you could be, without pressure & discipline
  • #1,063
  • Mar 14, 2020 12:30pm Mar 14, 2020 12:30pm
Quoting DiamondMiner
{quote} I believe, many will see the opportunity to see BTC, Link, and ETH explode this year. It's my speculation, not based upon and forecasting or analysis. I remember when BTC was $0.08 in July 2010 and why I never threw $100 at it just to see what it would do is beyond me? Trust me, good trading is having another set of eyes in the back of your head. {image}All I can say is: when something looks interesting: Do Your Own Research !!!
It's all about speculation.
But looking at BTC chart. the 4000 level looks a good entry.
It should also be possible it will drop further to range of about 1800 usd.
Nice price to buy i think

time will tell us..
  • #1,064
  • Mar 14, 2020 12:47pm Mar 14, 2020 12:47pm
Quoting Whatsaname
Still need some help to figure this out. one thing looks verry important of this structure……. timezone nr. 9 will upload the ETH/EUR chart. same structure, and look at extended down trendline and what pricelevel it's cross at fib timezone level 9. {image}
Hi Whataname .Trading is not easy although sometimes it's easy. what I'm doing here is only looking for the first impulse that I consider to be an offset of 1x4,and i have proven it. Forget the past bar. everything is uncertain, so there is a stop loss.

below chart is a sample that I made, 30..60,120 degrees. i use mt5.
Attached Image (click to enlarge)
Click to Enlarge Name: InkedGBPUSDDaily hexa_LI.jpg Size: 797 KB
  • #1,065
  • Edited 1:07pm Mar 14, 2020 12:48pm | Edited 1:07pm
Quoting Whatsaname
{quote} It's all about speculation. But looking at BTC chart. the 4000 level looks a good entry. It should also be possible it will drop further to range of about 1800 usd. Nice price to buy i think time will tell us..
I like the way your thinking... to the right people fortunes will be made. Life is all about Opportunity and the Chances we take. Yes, 3500-4000 is sweet... Had a dream it dropped to 1K and I bought 10 coins. Hum? Do Dreams come True?
DM
You NEVER will be the person you could be, without pressure & discipline
  • #1,066
  • Mar 14, 2020 2:23pm Mar 14, 2020 2:23pm
Quoting DiamondMiner
{quote} BWilliam, there is one thing that I don't include. When you see the 90 Degree angle, the entry should be when it crosses 52 Degrees. {image} Beck, learned a lot from studying what Jenkins said. I've know Beck personally since 2009, incredibly smart trader and analyst. DM
Hello, I just study the System....
The Question is does this work on all timeframes?

Thanks for help,
renko
  • #1,067
  • Mar 14, 2020 2:28pm Mar 14, 2020 2:28pm
Quoting renkotop
{quote} Hello, I just study the System.... The Question is does this work on all timeframes? Thanks for help, renko
Renotop, I have not tested all TM. I trade daily's. You must do your own research.
DM
You NEVER will be the person you could be, without pressure & discipline
  • #1,068
  • Mar 14, 2020 2:50pm Mar 14, 2020 2:50pm
Quoting DiamondMiner
{quote} Renotop, I have not tested all TM. I trade daily's. You must do your own research. DM
Thank you for Reply!
renko
  • #1,069
  • Mar 14, 2020 7:38pm Mar 14, 2020 7:38pm
Quoting renkotop
{quote} Hello, I just study the System.... The Question is does this work on all timeframes? Thanks for help, renko
https://www.forexfactory.com/showthr...6#post12781446
  • #1,070
  • Mar 14, 2020 8:13pm Mar 14, 2020 8:13pm
Thank you DiamondMiner for this fascinating thread and Swede for your invaluable lessons. I have been studying and digesting for a month and am trying to apply the basic principles such as octaves, midpoints and the Jenkins secret angle. I have also been playing around with the Jenkins Natural Ratio levels spreadsheet that Macbow posted and have attached a chart along with my analysis.

I have applied the JNR levels to a GJ chart based on the first impulse leg at the trend change on a 15min or 1hour chart (orange box) and have attached a screen grab of the D1 chart. I’m expecting a gap up on the open but the overall trend still looks down. The next JNR level down looks like a likely target and that October low is only 200pips away from Fridays close and will be a second target. I am expecting some consolidation over the next three to four days and am looking to enter short around the 133.6 level. I’m still trading DEMO on Jenkins - this is not a trade call.

I have also made a basic spreadsheet for the JNRL that can be used in conjunction with Hanover's 'Options Levels' script to make the charting process easier.

Hanover's Options Levels script: - just grab the .exe. The mq4 won't compile correctly on the current MTbuild.
https://www.forexfactory.com/attachm...0&d=1376431469
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY JNRL.png Size: 49 KB
Attached File(s)
File Type: xls Jenkins Natural Ratio Levels Calculator.xls   10 KB | 499 downloads
  • #1,071
  • Edited 11:30pm Mar 14, 2020 11:02pm | Edited 11:30pm
Quoting Swede
And do the work.....go to the stationary story and buy one of these...it will be essential to working with what we will be discussing.
Fwiw here is an online protractor. Just
(1) cut out the relevant section of your chart using a snipping tool (I use the free version of PicPick, which can automatically save the image as a png file by setting 'File Name' and 'Auto Save' in 'Program Options'),
(2) upload the file to the protractor webpage using the buttons there, and
(3) move and/or resize the protractor (and use its pushpins facility) however your needs dictate.
It's not as complicated as it sounds.
Attached Image (click to enlarge)
Click to Enlarge Name: PPI 827.png Size: 157 KB

_________________________
Quoting Tranqility
The mq4 won't compile correctly on the current MTbuild.
In case anybody wants it, attached is a version that compiles without errors on the latest builds.
Keep in mind that it must be installed in the MQL4/Scripts folder (it's a script, not an indicator).
You can save and recall different sets of values using MT4's Save and Load buttons.
To clear the lines from the chart, just attach it with Monday, Tuesday, etc blank and DeletePreviousLines = true
Attached File(s)
File Type: mq4 Options Levels b600.mq4   309 KB | 632 downloads
_________________________
Quoting fareed51
You do miss us, right? and therefore keep returning back to FF.
  • #1,072
  • Mar 14, 2020 11:25pm Mar 14, 2020 11:25pm
Quoting hanover
{quote}Fwiw here is an online protractor. Just cut out the relevant section of your chart using a snipping tool (I use the free version of PicPick which can automatically save the image as a png file), upload the file to the protractor webpage using the buttons there, and then move and/or resize the protractor however your needs dictate.{image} _________________________ {quote} In case anybody wants it, attached is a version that compiles...

You do miss us, right? and therefore keep returning back to FF.
How's your investment thing going? But glad to hear from you

Your help is very much appreciated.
  • #1,073
  • Mar 15, 2020 7:46am Mar 15, 2020 7:46am
Quoting DiamondMiner
{quote} I like the way your thinking... to the right people fortunes will be made. Life is all about Opportunity and the Chances we take. Yes, 3500-4000 is sweet... Had a dream it dropped to 1K and I bought 10 coins. Hum? Do Dreams come True? DM
Soon the price will be free to fly ... my target could be 18 k ... For me Cryptocurrency is a currency of the future.
hey the future hasn't even started yet... Lol.

I just wonder if they could create another currency to make a type of hardfork .. to fulfill what is missing in btc, but satoshi must be around .. bitcoin will not die I believe.
  • #1,074
  • Mar 15, 2020 1:34pm Mar 15, 2020 1:34pm
Quoting Pnaveen
See some triangle Examples .... {image}
dear pnaveen ...please kindly advise how you draw equilateral triangles on the platform ...i have already tradingview platform but i cannot till now draw equilateral triangle ...

thanks in advance
magdy
  • #1,075
  • Edited 5:05pm Mar 15, 2020 3:38pm | Edited 5:05pm
Here is a Jenkins Natural Ratio indicator I just coded. It is an UNTESTED indicator which I coded within a few hours, use it with caution.
By the way, please be aware that using this indicator will overwrite your Fibonacci tool's setting.
  • #1,076
  • Mar 15, 2020 5:04pm Mar 15, 2020 5:04pm
Oops . Just found a bug. Will be working on it.
I will re-post the indicator after I fix the bug.
Because I coded the indicator when the market was closed, I couldn't detect the bug which reset the swing low and high when new ticks come in.
  • #1,077
  • Edited 9:46pm Mar 15, 2020 6:02pm | Edited 9:46pm
It should be okay now.
Please give a try.

The attachment was removed because a bug was found. Please check post #1086
  • #1,078
  • Mar 15, 2020 6:24pm Mar 15, 2020 6:24pm
Quoting Xxyy
It should be okay now. Please give a try. {file}
Could you show a chart with it installed please?
  • #1,079
  • Mar 15, 2020 6:33pm Mar 15, 2020 6:33pm
Quoting artraveler
{quote} Could you show a chart with it installed please?
Here you go.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 75 KB
  • #1,080
  • Edited 8:07pm Mar 15, 2020 7:50pm | Edited 8:07pm
I wont be posting for some time as other interests will keep me engaged for a few weeks. But I wanted to post something that has been overlooked in this thread, a simple concept, yet vital to your entries in a volatile market...its called price action, but not the kind everyone talks about, but one that will give you spectacular results. This is not my concept, rather it was someone by the handle FXcyborg...dont know the man but his way of identifying Market Makers exhaustion is second to none in this trading business. He quit FF some time ago for reasons unknown, but this stinker gave me a ton of money when I took the time to wait for something called the 3 bar entry system......so here is a chart...look at it before you make any judgements
It would appear the trader had better get on board....higher lows, higher highs....euro had just had a big run north and it is time to act...right??
ps...the blue lines are octave lines...dividing the major high by the major low in 8 equal sections.
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