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Michaelsjenkins

pitchforkcircles are made from trend, just to make sure perpendicular bisector is correct to draw the pitchfork. regular pitchfork. then did octaves (as in 1/8...0.125, 0.25, 0.375, 0.5 etc) which michael s jenkins says is key to everything, probably has something to do with music and harmonics idk. pitchfork looks kinda like musical staff no? market in the key of b sharp HEHEHEHE #don'tmindme original pitchfork btw i'm macro bull but micro bear here, maybe down to 17.5ish idk. be safe everyone
INDEX:BTCUSD
by FinanciallyCodependently
5
scaredidk 2 diff spirals. one made from 2021 tops, and the other made from this summer's pamp. trendline is just trendline, kinda wonky as trendlines are but it did break out of the triangle i talked about a couple posts ago, where the timeprice fib called reversal at 1.414, but that was this same 2021 tops spiral, bestfit vs wicks maybe it's the ptsd, but i'm scared here some other double bottom pricetime fib confluence too, 1.732 but that's super local (december), and 1.886 (more longterm local aka november). i see 1.732 a lot (square root of 3) not saying it's a good short, just saying i wouldn't go long til break and retest obviously resistances break, just trying to show that are many here
INDEX:BTCUSD
by FinanciallyCodependently
heyidk, playing with lots of things here (spiral from bottoms visually fit; vertical spiral from circle on bottoms; circle from trend left where it is; same circle from trend visually fit to .628 (2pi/10) as resistance - with 1 and 1.128 forming support) i think the most important thing to keep in perspective if you're sus of this kinda stuff is nothing is random, every shape is based on prior PA. bottoms, trends. there is nothing new under the sun. it's just harmonics expressed geometrically. it's just like using fibs. suspend ur disbelief, it's a map of psychology confluence, recursion, harmony ur mum welcome ideas on how far we will retrace here, good show bullas just to remind myself i did the spiral from the 1.128 bottoms circle bc that's what bitty respected on the way down. oh also looken at a bear bat harmonic, also my pricetime fibs, which i'm sorta just beginning to play with, have a lotta confluence tomorrow afternoon reversal. NFA especially on that one first new michael s jenkins vid in 3 years, gonna be good 2023! www.youtube.com :pray:
INDEX:BTCUSD
by FinanciallyCodependently
crypto harm reduction plan (trade boomer commodities instead)hi, hope all is well and you are all taking care of yourself *boomer rant incoming* the crypto market is the worst of all corners of the internet and finance. a bloodthirsty chimera of all our traps and shortcomings on the designer steroids of tech. "the crypto space" is designed to make you miserable, alone, addicted, ashamed...in a state of mind that makes you more susceptible to the loss chasing it's manipulated to push you into. bleeding out your already serotonin and dopamine-starved brain, and making you feel like you have something to prove the deeper you go. to yourself, to your ideals, to your desperation over the financial system and debt-based USD hegemony. farming misery to steal yr coins. don't fall for it. you are fearfully and wonderfully made. position yourself to succeed. everyone says to take breaks but we all know how hard that is with a 24/7 market when we can't live a minute without our phones anyway /boomer rant (and possible crypto bottom signal, i know ;-) actually still thinking crypto will bounce soon) the good news is i've had much more success trading this gold range and i feel much better mentally, physically, and spiritually market closes an hour a day and on the weekends, highly recommend. (absolutely medical advice) (fib spirals made from double bottoms as per usual, different orientations visually fit til one emerges victorious as s&r...important to remember they are just s&r's. they are just curved trendlines with acceleration and decay, they can break and they are not 100% precise...always manage risk. and lock your scale. mine is 1:1 here, and lately i've been trying to use multiples or factors of 10 (10, 100, 0.1, 0.01) depending on what looks best with the timeframe) not sure when/where the range would top out, just been trading it smallest possible positions for now. rewiring my brain. if ihs plays out looking at 1920-1930, which would also jibe with the highest resistance spiral. still working out timefibs sacredtraders.com sacredtraders.com both have amazing free vids on youtube, jenkins' www.youtube.com is really all you need, watch at 0.5x speed over and over again take care, and always remember money aint shit. It's all God's anyway
OANDA:XAUUSD
by FinanciallyCodependently
seek and you will findmore assured version of this idea with timefibs spirals made from 2021 tops then visually fit and triangle highlighted, getting tight timefibs made from converting price to time (a la the guru you should be watching yesterday michael s jenkins - www.youtube.com) aka $64k top = 64 weeks from that top & 69 weeks from $69k top watching this as a resistance, kinda embarrassed to be bearish here tbh but i'm loyal to my htf spirals wutamagonnado mostly trading metals these days bc crypto is toxic, and yes i'm aware that sentiment may be a bottom signal lol. personally love a market that closes and so will you far be it from me to call the bottom of this lil scalliwag but currently side-eyeing 14.8 if we go lower. maybe a wick? stay safe out there, and do one thing today to take care of yourself "He who loves money will not be satisfied with money, nor he who loves wealth with his income; this also is vanity."
INDEX:BTCUSD
by FinanciallyCodependently
bitty time spiralsspiral of time between 12/2013-12/2017 tops, all same spiral, solid = clockwise & dashed = counterclockwise fit to tops and bottoms, vertical lines tangent = reversal dates? scale = 1000:1 resistance, and price crossing outside of it indicating trend reversal (aka price moving outside the trend indicated by the boundary of the shape), seems legit but i'm really not sure of support...which placement will it respect? the lines are magnets just like regular fibs/fans/trendlines God help you if you take this to be financial advice, still pondering all this and also minor changes in placement/creation can have a huge effect on a scale this size stay safe and hydrated out there...enjoy the summer! bring bitty to the beach if you have to <3
INDEX:BTCUSD
by FinanciallyCodependently
the devil is in the details (lines tangent to circles)my last idea was playing with price action dancing along the arcs of the circles created from time and its multiples and placed to recent bottoms here i'm looking at drawing horizontal lines tangent to the circles...aka at the bottom-most point of the circle aka where a move of the same "distance" (considering price chart as a unitless chart, like a math problem) has the lowest price aka the limit and drew the lines much thinner bc vision is the price we pay for precision (idk why the lines look tangent until i publish, then there's an offset? @TradingView?) here we are at the 4.236 or 4.618ish which as the TV default fib settings will tell you are important levels (1.618 ^ 3 or that plus .382) ongoing questions: 1. arcs vs horizontal tangents vs sloped tangents, or some combination of these, each having a specific meaning (what are these meanings) 2. placement: best-fit? first two bottoms? two most recent bottoms? first and last bottoms? 3. time projection using same method (but from price instead of time)...do the same circles/vertical tangent lines call time of reversals? i'm guessing different circles, unless you find the random scale that works for both, aka not like here where i've been doing whatever neat multiple or factor of 10 looks best (1:100, 1:1000, 1:0.1 etc) because that is easiest to conceptualize with leftbrain...it would be whatever scale makes the move look the most square. this would vary according to TF as well. this is what i mean when i say pricetime but i'm guessing this would be messy and not constant (perhaps being affected by position of observer aka scale, like a camera flying around a chart)...like a funhouse mirror wen class on perspective drawing michael s jenkins bradley f cowan shapes = leading indicator don't hate; hydrate
INDEX:BTCUSD
by FinanciallyCodependently
accidental wormhole cleanupadded some levels and tweaked placement, these belong at the first two of three bottoms not sure where bottom will be or if we'll even go down more...2.718 (euler's number) is important supposedly (i think of it as inverse phi..phi is infinite outward growth and euler is infinite inward growth) and we're there now...but we wicked to the 4.236 so maybe that? just think of these as curved pitchfans, i think see for process/tutorial use stop loss, get outside, be nice to each other
INDEX:BTCUSD
by FinanciallyCodependently
5
Nants ingonyama bagithi baba (lion king music)disclaimer: NFA, i'm noob, i make this stuff up as i go. you should play too but always be humble and use stop loss and remember "this market.........is volatile" to quote bitboy 1. scale chart properly (this is 100:1; that means every $100 = 1 time unit which is 15 min here). this is important, and lock the scale when you find one you like bc if you adjust it, your circle will shift (try it). this can actually be useful FOR scaling/squaring properly (example: i will draw a fib 'circle' (actually an ellipse) between points and adjust scale until the ellipse becomes a circle) 2. make a circle (fib arc) of time difference between top and bottom, horizontally (not angled) that means the radius of the circle = the time of the move. that's the unit circle. that's 1 3. copy and paste that circle and make each one's radius a multiple of the OG unit circle (settings and put your levels in, just like normal fibs). i do square roots but you can do phi and its multiples as well. i go up to 6.854 and 11.089 sometimes, depends on chart (TV defaults to doing phi multiples all in the SAME circle (aka concentric circles aka archimedean spiral) but that's not how i do it) 4. fit circles to tops and bottoms. play with different arcs of the circle, the top is its own convex arc and the bottom is its own concave arc for example 5. i'm obsessed with the idea of 3 taps (on flags and trendlines and beyond), which i think comes from the idea that every 3 non-linear points make a circle. so if you touch a circle twice, the third confirms = bounce? idk. also applies to planes which is what's really going on here, 2d is scamfu. idk i try to ask myself "if i were a price action inside the chart rn what would i do?" and on the third tap i would be like 'oh ok cool this is confirmed now, that was fun, my work is done and i'm bored, now i can bounce') 6. sometimes it's horizontal tangent lines to arcs (aka the line that touches the circle at the bottom or topmost point)...bc this represents the radius at its extreme, at the limit of price change. support. circles are the bridge between worlds, they are the way to translate and project from one axis (time) to another (price). you're just using the radius as a ruler essentially michael s jenkins (find him on youtube) is essential...his idea, probably inspired by gann, is that time=price. it's the basis of the idea that you can do geometry on charts. time cycles. planetary cycles = time cycles. i recommend watching his videos on .75x speed and pausing frequently at first getting into bradley f cowan, absolutely brilliant
INDEX:BTCUSD
by FinanciallyCodependently
messy geo playjust kitten around...sketching out/playing with this idea again...anxious to enter meatverse for the day and also TV's being discrete w/time (and finite w/zooming out on small TFs) makes precision with esp circles and spirals difficult root 5 spiral (from vesica piscis) of last bull/correction tops...that I did fit, by sight, to recent tops but am guessing being 100% precise with circles would fix/enable pinpoint precision from points of projection. idk tho, just having some fun ;-) stay safe and kind out there
INDEX:BTCUSD
by FinanciallyCodependently