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Time and Price Forecasting

  • #3,641
  • Edited 8:03am Aug 26, 2021 7:00am | Edited 8:03am
Quoting ianlikesgolf
NZD JPY another perspective {image}
Perhaps explain your perspective, never the best idea to take a long at resistance in my opinion, unless of course your scalping for small moves. What gave you the confidence to take the trade? 4 hour perspective below
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYiH4.png Size: 47 KB
  • #3,642
  • Edited 8:10am Aug 26, 2021 7:05am | Edited 8:10am
Quoting carbonmimeti
{quote} Sorry, is there Emblem for mt5? or can traslate to mt5? thank you
Not available for mt5 and even for Mt4 is not the best..Why, because scaling is the issue so unless you also incorporate the Quadralateral in your drawing it is not of much use. Also, there has to be a valid harmonic (Gartley) pattern in place before the emblem can be used. There are several Beck videos in this forum that explains how to use it. See post 3078 for an example.
  • #3,643
  • Edited 8:53am Aug 26, 2021 8:27am | Edited 8:53am
Quoting Swede
{quote} Perhaps explain your perspective, never the best idea to take a long at resistance in my opinion, unless of course your scalping for small moves. What gave you the confidence to take the trade?
Hello Swede.
thank you for your post. maybe this chart can explain it best. Jenkins targets (yellow lines) based off the first initial bar of the H4 for this current move upwards.
There is a target at 76.615. I took longs based off this. There is still the secret angle 100% line up at 77.245 and another 51 pip mesurement at 77.125.
I have collected 164 pips off this pair since last Friday. Im willing to risk this trade, but live and learn.
I will try to consider resistance more carefully. Price has been moving almost each day at least 51 pips which is the amount of the initial upmove bar.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzdjpy-a-h4-oanda-division9-4.png Size: 75 KB
Click to Enlarge Name: nzdjpy-a-h4-oanda-division9-6.png Size: 75 KB
  • #3,644
  • Aug 26, 2021 10:11am Aug 26, 2021 10:11am
Quoting ianlikesgolf
{quote} Hello Swede. thank you for your post. maybe this chart can explain it best. Jenkins targets (yellow lines) based off the first initial bar of the H4 for this current move upwards. There is a target at 76.615. I took longs based off this. There is still the secret angle 100% line up at 77.245 and another 51 pip mesurement at 77.125. I have collected 164 pips off this pair since last Friday. Im willing to risk this trade, but live and learn. I will try to consider resistance more carefully. Price has been moving almost each day at least 51...
I’m 76 target big round number ( which happens to be the bottom of the grid) on the short side based on four attempts North failure.
  • #3,645
  • Edited 9:07pm Aug 26, 2021 8:39pm | Edited 9:07pm
Quoting Swede
{quote} I’m 76 target big round number ( which happens to be the bottom of the grid) on the short side based on four attempts North failure.
Hello Swede
I was out -14 pips a good lesson learned. I like your target at the bottom of the grid.
Thank you
  • #3,646
  • Aug 26, 2021 9:41pm Aug 26, 2021 9:41pm
Quoting ianlikesgolf
{quote} Hello Swede I was out -14 pips a good lesson learned. I like your target at the bottom of the grid. Thank you
By the way....Jenkins shows a whole bunch of ways to analyze the market, from the Moon and planets, to square roots to measured moves, secret angles and so on....but during his 7 hour video he said one of his favourite ways to analyze the market is squaring the range using the grid and fibs divided by 4 and extended out, as well as a basic Gann teaching of dividing the range by 8 (octave) etc.

I personally have found the grid method to be the most effective for forex...just saying
  • #3,647
  • Aug 26, 2021 10:41pm Aug 26, 2021 10:41pm
Quoting Swede
{quote} Not available for mt5 and even for Mt4 is not the best..Why, because scaling is the issue so unless you also incorporate the Quadralateral in your drawing it is not of much use. Also, there has to be a valid harmonic (Gartley) pattern in place before the emblem can be used. There are several Beck videos in this forum that explains how to use it. See post 3078 for an example.
thank you for your replay
I know...geometric image appear only on scaled chart......
  • #3,648
  • Edited 7:43am Aug 27, 2021 5:36am | Edited 7:43am
Quoting Swede
{quote} By the way....Jenkins shows a whole bunch of ways to analyze the market, from the Moon and planets, to square roots to measured moves, secret angles and so on....but during his 7 hour video he said one of his favourite ways to analyze the market is squaring the range using the grid and fibs divided by 4 and extended out, as well as a basic Gann teaching of dividing the range by 8 (octave) etc. I personally have found the grid method to be the most effective for forex...just saying
Hello Swede
Thank you for your excellent summary of Jenkins favourite ways. and about the grid method being most effective for forex.
I very much appreciate it.
  • #3,649
  • Edited 8:44am Aug 27, 2021 8:10am | Edited 8:44am
Quoting ianlikesgolf
{quote} Hello Swede Thank you for your excellent summary of Jenkins favourite ways. and about the grid method being most effective for forex. I very much appreciate it.
A good example today we can go back to the Cad trade from earlier this week....as it retraced (as expected) where did it stop, test a few times and then plunge back down for a 90 pip trade....yes, the .75 quadrant provided resistance, Center of Gravity provided support, so just watching these level can give excellent entries...especially on the 4 hour chart I have witnessed many times.
Attached Image (click to enlarge)
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  • #3,650
  • Aug 27, 2021 9:22am Aug 27, 2021 9:22am
Quoting ianlikesgolf
{quote} Hello Swede I was out -14 pips a good lesson learned. I like your target at the bottom of the grid. Thank you
Well, my short wound up at break even...so neither of us can claim victory lol....but that's trading isn't it?
  • #3,651
  • Aug 27, 2021 9:27am Aug 27, 2021 9:27am
But look at our AC trade from Monday...was that or was that not a nice entry....now we are getting into overbought territory...watch that resistance area soon to be challenged...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDCADiH1.png Size: 51 KB
Click to Enlarge Name: AUDCADiH1now looki.png Size: 56 KB
  • #3,652
  • Aug 27, 2021 4:28pm Aug 27, 2021 4:28pm
Quoting Swede
{quote} Well, my short wound up at break even...so neither of us can claim victory lol....but that's trading isn't it?
It is not often that I will take an opposite position from you. that will 98% of the time be a decision that was not wise to do,
but when it happens with the rare 2%, it will be fun. lol
The NZD JPY is very interesting to trade.
  • #3,653
  • Aug 27, 2021 4:56pm Aug 27, 2021 4:56pm
Quoting Swede
{quote} A good example today we can go back to the Cad trade from earlier this week....as it retraced (as expected) where did it stop, test a few times and then plunge back down for a 90 pip trade....yes, the .75 quadrant provided resistance, Center of Gravity provided support, so just watching these level can give excellent entries...especially on the 4 hour chart I have witnessed many times. {image}
Hello Swede

How the grid works in teamwork with the angles is a thing of beauty in co operation with one another on Cad trade charts examples.
They provide each other with areas of confluence.
It is very interesting to observe the waves in price movement through this structure.
.....................................................................................................................
For me this week I made the major discovery that the quick Jenkins targets are ike a missing piece of the puzzle when trading with the secret angle .
H4 is my favourite chart to do this with so far.
The targets taken from the initial bar of the reversal seem to compliment the secret angle method very well.
NZDJPY did another couple of 51 pip or more, movements on Friday. The targets kind of provide a natural grid personalized for the NZDJPY.
As the chart is kind of showing with the time cycles complimenting this aswell.
Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy-a-h4-oanda-division9 (5).png Size: 74 KB
  • #3,654
  • Aug 28, 2021 5:05am Aug 28, 2021 5:05am
Hi Swede
Just tying to find a constant way to set
Your Grid

Looking at a m/avg
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURJPYDailyb.png Size: 91 KB
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Click to Enlarge Name: EURJPYDailyd.png Size: 109 KB
  • #3,655
  • Edited Aug 29, 2021 7:51am Aug 28, 2021 7:51am | Edited Aug 29, 2021 7:51am
Quoting Swede
But look at our AC trade from Monday...was that or was that not a nice entry....now we are getting into overbought territory...watch that resistance area soon to be challenged... {image} {image}
Hello Swede

That is one nice trade from beginning to end. Thank you for posting these excellent charts.
My favourite is still the circle. I am interested to see what happens when price encounters 92.680 this coming week.

EUR USD has a line at an interesting price now.
AUD USD just left the circle
NZDJPY a learning project taught by a very kind experienced trader with my favourite circle included.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audcad-a-h1-oanda-division9 (1).png Size: 67 KB
Click to Enlarge Name: eurusd-a-h1-oanda-division9-2.png Size: 72 KB
Click to Enlarge Name: audusd-a-h4-oanda-division9-3.png Size: 54 KB
  • #3,656
  • Edited 9:17am Aug 29, 2021 8:01am | Edited 9:17am
NZDJPY a learning project taught by a very kind experienced trader
the note on my last post for NZDJPY is incorrect. no circle can be included.
I have included the chart image here NZDJPY H1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzdjpy-a-h1-oanda-division9-3.png Size: 68 KB
Click to Enlarge Name: nzdjpy-a-h1-oanda-division9-2 (2).png Size: 94 KB
  • #3,657
  • Aug 29, 2021 11:26am Aug 29, 2021 11:26am
OFF-PIVOT GRID
Attached Image (click to enlarge)
Click to Enlarge Name: OFF PIVOT GRID 1A.png Size: 94 KB
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #3,658
  • Edited 6:25pm Aug 30, 2021 7:14am | Edited 6:25pm
AUD CAD H4 2 month chart buy 91.87
Attached Image (click to enlarge)
Click to Enlarge Name: audcad-a-h4-oanda-division9-2 (1).png Size: 82 KB
  • #3,659
  • Aug 30, 2021 8:08am Aug 30, 2021 8:08am
Quoting ianlikesgolf
AUD CAD H4 2 month chart buy 91.87 {image}
same but hourly perspective for all the day traders out there
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADiH1daytraders.png Size: 56 KB
  • #3,660
  • Aug 30, 2021 8:27am Aug 30, 2021 8:27am
Quoting Swede
{quote} same but hourly perspective for all the day traders out there {image}
Hello Swede

very nice chart. thank you.
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