bgtrader

Re: I have a dilemma :)
 
hi everyone,
very good points already mentioned. I find that what most people call technical analysis does not include a thorough understanding of how the big players move the markets. The market game is very similar to a food web with a predator hierarchy. Like the lion-one of the elite predators in it's environment-a player like Goldman Sachs has superior attributes and ridiculous techological advantages which enable Goldman to get the fresh kill and the best animal parts to eat-which would translate to best fills and best exits in trading or in simpler terms best positions and advantageous knowledge/perspectives in the markets. Then after the lions are done with their fill of the best parts, the 2nd tier predators like wild dogs enter-in the markets these would be smaller & well financed trading firms who make it their job to track what players like Goldman and Renaissance Technologies are up to. These smaller less powerful but still very formidable groups then step in and snatch up the next best animal parts, prices, fills, positions, exits, etc...then come the birds, insects, and fungi-that would be us :). On an intraday basis the sequence I just mentioned can sometimes be as fast as a few seconds, on a swing trading timeframe a few days and/or weeks. I believe this sequence which is represented practically the same on different timeframes is why people say the markets are fractal or self-similar in nature. My point is that if you keep studying the true technical analysis of the professionals, you will start to see the chart as a map of the fundamental activity. This fundamental activity has timing and scheduling factors as well as seasonality factors, and these details will then be anticipated in the charts by knowing the significant date/time details of fundamental schedules. Most people with PhDs and so called market instructors & news correspondents endlessly complicate the fundamentals of the markets so they can have jobs in my opinion. For if they really distilled the down to earth reality of the markets in words, they might say the same thing every day. "Today the brightest and most aggressive trading firms snatched up the best prices and then took the market up, those that were alert enough to see what happened followed behind, and those that didn't see the hunt coming may have been eaten or left in the dust." With a little common sense, a passion for seeking out & studying the true professionals, a basic understanding of market mechanics & schedule structures, and an evolving ability to read the chart data of price, time, and volume....Technical Analysis becomes the art of reading fundamental analysis in it's purest form imho

What is the Michael S. Jenkins Trading Video?
 
The 'video' is a voice over narration of live mouse movements going over my actual trading charts describing everything I see and think as I go about setting up an entry or exit for a trade. It runs approximately six hours and thirty-two minutes in length. It is meant to be run on a personal computer which has a DVD or CD player and it can be seen with an Apple 'Quick Time' player, Windows 'Media Player' or Adobe 'Flash' player. It is in 'MP4' format. I've run it on Mac's, and PC's with Windows7, Vista and XP with no problems although it works best with a larger screen and resolutions of 1024 x 768 which it was edited it, or higher. If you have an older PC XP or something I prefer the Apple Quick Time player (free download off their website), but the new Windows7 works great in their Media Player.
 
The objective of the video is to teach you how to trade using basic trading skills. You will learn how to read a bar chart and how to determine the trend, the reversal points, target objectives and time periods for culminations. You will learn many technical analysis techniques and much of what is in my various books will be taught but not the more advanced stuff like the Jenkins True Trend Line or various 'forecasting' tools and certainly no astrological methods, nor my Secret Angle Method. This video has a basic objective to take any person from scratch and put them in front of a computer graphics screen and get them to the point where they can trade and make money almost every day if they follow the advice. While it is geared to 'newbies' there are a number of great tips and discoveries I have NEVER put into my books before that make trading very quick and easy and one or two are more than worth the cost of seeing the film. Even professionals with 15 years experience will be amazed with my signal bar forecasting methods that can give EXACT highs and lows on 15 min, 60 min, daily and weekly charts with a calculation that literally takes less than 5 seconds to apply. All the moving averages and MACD's and advanced 'crap' on the market can't do that! I do not teach my Secret Angle Method in this video but I do demonstrate a minor point or two from that method. Consider this like an all day seminar on trading where you are sitting next to me, only better, in that I am explaining in detail every single thought process I go through when looking at my charts and setting up the various time frames prior to making a trade. Once in the trade I show where to put stops and calculate risk and where to expect to take profits or follow up with a trailing stop.
 
I have taught scores of professionals who make hundreds of thousands of dollars every year in the market and most of them would benefit from this film because I know they have no idea how much information they are ignoring every day by not looking at certain key points in the chart nor knowing the secret to quick and proper scaling of all angles so as to get perfect time and price outcomes. By spending several hours with me going over and over the 5 min, 15 min, 60 min, daily and weekly charts and seeing the routines I follow, by the end of the film you should be in a position to eliminate 90% of the mistakes you make every day and have a good foundation for making money. Even if you are an experienced trader and think you know all this, it might be a good investment for your spouse or child who wants to learn the business. My 17 year old high school son tested very well on the concepts after seeing the film, and it probably saved him ten years of going down blind alleys following bad advice he would have picked up from public sources had he not seen it.
 
I have placed a representative sample of the video on this website, indeed, it is a quick 'cut and paste' segment of ten minutes or so of the content. Imagine that ten minutes being expanded to over six and a half hours and you can see how much information you will be taught...literally several books full. Obviously I'm not going to 'give away the store' in the free samples, so if you think they have any merit, then imagine what is really included in the other six hours of teaching. Since this is a video of instructional secrets I cannot offer refunds after purchase so please email me with any hardware compatibility questions or any other reservations before ordering and I can give you some advice.
 
The cost will be $900.00 US and that will include all mailing expenses to any country. You can order thru WWW.PayPal.com and 'send money to' [email protected], or you can send a check payable to 'Michael S. Jenkins' and mailed to Stock Cycles Forecast, PO Box 652 Cathedral STA PO, New York, N.Y. 10025-9998
 
Contents of the Michael S. Jenkins Trading Video
 
These below are the basic concepts shown in the graphics:
 
The basic bar chart
 
Determining the trend
 
Principles of trend
 
Accumulation / Distribution
 
Wave Patterns
 
Time Frames
 
Tips on keeping time frame perspectives
 
Midpoints and gaps
 
Angles
 
Secret of the impulse slope
 
Trend lines
 
Basic Geometric Angles
 
Selecting stocks with angles
 
Fractal boxes
 
Angles create cycles
 
Basic Secret Angle principles
 
Reversal of trend
 
Measured moves
 
Measured move trading
 
Basic retracements
 
Offset angles
 
Square roots and increments
 
Natural Ratio Lines
 
Combining impulse slopes with ratios
 
Circular arc targets
 
Equal balancing concepts
 
Stop loss disciplines and strategies
 
Entry points
 
Buy strategies
 
Retracement forecasts
 
Basic overlap strategies
 
Regression to the mean
 
Pre opening estimates and next day probabilities
 
Intraday scalping
 
Intraday common patterns
 
Options
 
Square out principles
 
Adding cycle harmonics to angles
 
Analysis of different charts and trends
 
Tape reading
 
Money management and risk
 
Daily market reversal principles
 
Secret of the reversal bar
 
Forecasting targets from the very first bar
 
Offset angle adjustments
 
Principle of doubling
 
Simple trading strategy
 
Trailing stops
 
Moving averages
 
Starting to trade
 
Complete trading cycle example using rules
 
Common time cycles
 
Time and price combinations
 
Offset angle projection targets
 
Angle grid projection targets
 
Scalping techniques
 

http://depositfiles.com/files/u5ll71ypf
 
Enjoy full trading video. :)
 
Please give thanks.

Re: Al Brooks price action articles
 
Hi everyone,
I agree that Al's work can be cumbersome in its language at times. I feel that his work is very valuable. Essentially, he's found a zen way of simplicity to focus only usually 1 chart, the 5 minute candlestick chart. I prefer range bar charts, specifically for the ES-the .75 point renko bars with wicks in the charting program Investor RT (by Linnsoft, the makers of Market Delta). For most of my trading I prefer range bars over time based bars, as, in a sense, time based bars contaminate price with time, so for precise volume analysis bars with equal range allows you to break down volume very well. I mention my preferences here to say that Al's book and philosophy can be ported and blended with other ways of charting and trading, and I feel the most important feature of his book & lectures is the philosophy of precision through simplicity. -best wishes to everyone, B