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- Faraon replied Apr 9, 2020
All this lines are representation of human psychology - also called as herd behaviour. You should rather ask yourself what is the price behaviour when it's get at the line and how to take advantage of it.
Michael S. Jenkins teachings
- Faraon replied Apr 6, 2020
I took only 40 pips on GU, but example is pretty good in my opinion; price reacted just like in clockwork.
Michael S. Jenkins teachings
- Faraon replied Mar 20, 2020
Exit at +82, guess not this time. Good call with H1.
Michael S. Jenkins teachings
- Faraon replied Mar 19, 2020
Look at this picture and then look at that I posted before. 1. It was New York open. 2. Price was near 50% slope of 1/2 angle that was recently crossed by 1/4 angle (meaning something may happen here) and 50% of last big swing. 3. Entry, same as in ...
Michael S. Jenkins teachings
- Faraon replied Mar 18, 2020
You are a "groupie" now buddy, there is no way out!
Michael S. Jenkins teachings
- Faraon replied Mar 18, 2020
That's a badge of honor, I guess, hehe. This guy must have some insecurity problems; I never went into one of his threads and disturb him, I did not send him PM or do other stupid things. And I never ignore anybody if I don't have strong reasons, ...
Michael S. Jenkins teachings
- Faraon replied Mar 11, 2020
Gbpnzd +24 and +26; multiple opportunities, but there is still one problem - execution.
Michael S. Jenkins teachings
- Faraon replied Mar 10, 2020
Again, not so great entry (but there was opportunities to take smaller profit); gbpnzd +50 pips.
Michael S. Jenkins teachings
- Faraon replied Mar 9, 2020
This volatility is a little scary, but I still can't get enough of watching how this lines are respected.
Michael S. Jenkins teachings
- Faraon replied Mar 9, 2020
I must be the luckiest man on earth; first +46 pips TP on asia open despite very sloppy entry, then +53 pips in London session closed by hand in a matter of seconds after the opening of position. Anyway, I'm done for today.
Michael S. Jenkins teachings
- Faraon replied Mar 8, 2020
Everyone should draw conclusions on their own, I just put this picture to highlight something.
Michael S. Jenkins teachings
- Faraon replied Mar 6, 2020
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.
Michael S. Jenkins teachings
- Faraon replied Mar 4, 2020
Did you read jenkin books? Circle, angles, lines don't mean anything on their own, it's just a tool to show potential turning points. Let me ask another question; Are you familiar with Mark Douglas work? video
Michael S. Jenkins teachings
- Faraon replied Mar 4, 2020
It was a nice setup on gbpnzd this morning, but I missed it.
Michael S. Jenkins teachings
- Faraon replied Mar 3, 2020
Gbpnzd +100 pips; these lines from high and low seems to work pretty well.
Michael S. Jenkins teachings