yash Posted January 31, 2010 Report Posted January 31, 2010 INTRODUCTION It is a unique form of market analysis developed over a thirty-year period by the legendary Canadian trader Charles Drummond. Drummond Geometry is both a trend-following and a congestion-action methodology. It leads rather than lags the market, and uses projected charts to map future market activity. It foretells the scenario most likely to occur in the immediate future and can be custom fitted to one's personality and trading style. This unique form of market analysis has been worked out in great detail. The techniques have been tested over several decades by traders on five continents and have been applied in many different markets employing various trading styles and timeframes, from intra-day to multi-year trades. Drummond’s writings and the current work of the P&L School contain a number of trade plans with impressive pro-forma track records, and the profitability and efficacy of the methodology have been attested by a number of successful traders. The key elements of Drummond Geometry include a combination of the following three basic categories of trading tools and techniques: • A series of short-term moving averages • Short-term trend lines • Multiple time-period overlays Many of the fundamental concepts of this methodology are simple in nature, but have been worked out to a high degree of sophistication. In this introduction, we will look at the PLdot, the first major building block of Drummond Geometry. PL stands for Point and Line, two of the main techniques of Drummond Geometry. The concept of “flow” is central to Drummond Geometry. This methodology reflects how all of life moves from one extreme to another, flowing back and forth in a cyclical or wave-like manner. The markets also move with a rhythmic flow that traders can learn to see. By discovering the flow’s underlying form through visualization, traders can then monitor the market’s flow and utilize that information to realize a profit. This is one important function of the PLdot. The PLdot is a series of points which describe the consensus of market activity in a mathematical sense. The first thing to note is that the dot bears a constant relationship to the immediate past -- something that captures the recent energy of the hour, of the day, or of whatever time period the trader is looking at. The PLdot moving average has been empirically arrived at and has proven its usefulness in a multitude of markets. The PLdot moves in a straight line when the market is in a trend, but moves horizontally across the page in congestions. It is extraordinarily sensitive to trending markets, and is very quick to register the change of a market out of congestion into trend. But it is sensitive to a trend that is ending as well. hxxp://www.m@[email protected]@m/?sharekey=df514f0e46a6fcbe0c814df2efeadc5023f542e808a8502cb8eada0a1ae8665a darter, Jay007, king1999 and 2 others 5 Quote
efmelp Posted January 31, 2010 Report Posted January 31, 2010 Re: Drummond Geometry P&L School Thanks for sharing but am wondering if it's just one lesson or the whole 30 lessons Quote
⭐ godl1ke Posted February 1, 2010 Report Posted February 1, 2010 Re: Drummond Geometry P&L School It's all 30 lessons. I couldn't unpack it fully as rar2 was corrupted so I'll try it again later f451 1 Quote
Jay007 Posted February 17, 2012 Report Posted February 17, 2012 Its been two years, so any luck with the system? It's all 30 lessons. I couldn't unpack it fully as rar2 was corrupted so I'll try it again later Quote
Jay007 Posted February 17, 2012 Report Posted February 17, 2012 Yash Bhai, Is there no part3 rar file? please could you upload, thanks! INTRODUCTION It is a unique form of market analysis developed over a thirty-year period by the legendary Canadian trader Charles Drummond. Drummond Geometry is both a trend-following and a congestion-action methodology. It leads rather than lags the market, and uses projected charts to map future market activity. It foretells the scenario most likely to occur in the immediate future and can be custom fitted to one's personality and trading style. This unique form of market analysis has been worked out in great detail. The techniques have been tested over several decades by traders on five continents and have been applied in many different markets employing various trading styles and timeframes, from intra-day to multi-year trades. Drummond’s writings and the current work of the P&L School contain a number of trade plans with impressive pro-forma track records, and the profitability and efficacy of the methodology have been attested by a number of successful traders. The key elements of Drummond Geometry include a combination of the following three basic categories of trading tools and techniques: • A series of short-term moving averages • Short-term trend lines • Multiple time-period overlays Many of the fundamental concepts of this methodology are simple in nature, but have been worked out to a high degree of sophistication. In this introduction, we will look at the PLdot, the first major building block of Drummond Geometry. PL stands for Point and Line, two of the main techniques of Drummond Geometry. The concept of “flow” is central to Drummond Geometry. This methodology reflects how all of life moves from one extreme to another, flowing back and forth in a cyclical or wave-like manner. The markets also move with a rhythmic flow that traders can learn to see. By discovering the flow’s underlying form through visualization, traders can then monitor the market’s flow and utilize that information to realize a profit. This is one important function of the PLdot. The PLdot is a series of points which describe the consensus of market activity in a mathematical sense. The first thing to note is that the dot bears a constant relationship to the immediate past -- something that captures the recent energy of the hour, of the day, or of whatever time period the trader is looking at. The PLdot moving average has been empirically arrived at and has proven its usefulness in a multitude of markets. The PLdot moves in a straight line when the market is in a trend, but moves horizontally across the page in congestions. It is extraordinarily sensitive to trending markets, and is very quick to register the change of a market out of congestion into trend. But it is sensitive to a trend that is ending as well. hxxp://www.m@[email protected]@m/?sharekey=df514f0e46a6fcbe0c814df2efeadc5023f542e808a8502cb8eada0a1ae8665a Quote
e-Invester Posted February 19, 2012 Report Posted February 19, 2012 someone please re up part3 did quite a lot of searches and couldn't find anything.. Quote
Jay007 Posted February 24, 2012 Report Posted February 24, 2012 Please try these links, i found them on the other thread, thanks to the original uploader http://www.mediafire.com/?kzzcqjyynod http://www.mediafire.com/?myvzt2lxhln http://www.mediafire.com/?izaeylwddiz http://www.mediafire.com/?ej3oklyurdm http://www.mediafire.com/?zvydzggmndm someone please re up part3 did quite a lot of searches and couldn't find anything.. ⭐ mr12323, ⭐ sherbaaz, ⭐ A.L.T and 3 others 6 Quote
v777 Posted September 22, 2014 Report Posted September 22, 2014 anybody follow Drummond Geometry and willing to share their experience? Quote
v777 Posted September 22, 2014 Report Posted September 22, 2014 as well if happen to have their updated latest offering DG2 and the differences between the stuff posted here and what is offered currently? thx Quote
king1999 Posted July 2, 2015 Report Posted July 2, 2015 I made millions using DG in two years and retired at age 47. It took 7 years to learn before profitable though. Just FYI. lululee 1 Quote
lululee Posted July 2, 2015 Report Posted July 2, 2015 I made millions using DG in two years and retired at age 47. It took 7 years to learn before profitable though. Just FYI. Hi King, what methodology you use ??? Quote
xioxxio Posted July 2, 2015 Report Posted July 2, 2015 Hi King, what methodology you use ??? He uses it in conjunction with the Wyckoff method. lululee 1 Quote
v777 Posted July 13, 2015 Report Posted July 13, 2015 there is a new site for ninjatrader and drummond... just one aspect it seems. http://www.drummondenergybands.com/aaa-setups/ Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.