falsted is decent for simple analysis. I see you already have that, though your circuit is incorrect. Whats the 1F cap for ?!? And similar differences.
A wire loop should be modeled as an inductance i think. Touching the knob will change this inductance. Note that the pot has to be adjusted so that the circuit is just on the threshold of triggering.
What happen to Q2 and Q3 when I touch and NOT touch the bare wire loop ?