[BlowFish]

Another thing I meant to mention and I found very useful is the idea of having extra envelopes. Its funny but it seems that this is something that occurs to people independantly when looking at Charlies work. I was surprised it was quite late in the day when he incorporated this idea. I think these can provide a very useful 'framework' to help organise the geometry. After all EB->Pldot and Pldot->ET are used for this.

[traderxman]

See pm...please re. new latest

[Szymon]

Hi All,

Here is a crude chart of the daily AUD/USD with the large time frame PL Dots. There is a high probability that it will return to the monthly or quarterly PL Dots.

Your views will be welcome.

Regards

Simon

[insideday]

Does somebody use the 5.. and 6... lines described in their lesson 2 in his actual trading or are these ideas out of date especially for intraday trading?

[Szymon]

Originally Posted by insideday »

Does somebody use the 5.. and 6... lines described in their lesson 2 in his actual trading or are these ideas out of date especially for intraday trading?

The 5 and 6 lines are very important in Drummond Geometry, especially when you look from the higher times frames. The most important concept is if they are holding or breaking (Yes or No pattern).

I have not put them on my last chart, I use Multicharts as my charting software if you look at some of my earlier posts in this thread you will see the 5/6 lines there.

Regards

Simon

[insideday]

Thanks. I begin to program some of the “R-Vals” described in the pdf on the bottom of the page
DG2 New Concepts Software – Drummond Geometry

Do you have some experience which are worth to put some effort in ?

[Szymon]

Originally Posted by insideday »

Thanks. I begin to program some of the “R-Vals” described in the pdf on the bottom of the page
DG2 New Concepts Software – Drummond Geometry

Do you have some experience which are worth to put some effort in ?

Thanks for that link, I had a look at it and have not gone that far in the course. I am still programming the first part of the course into multicharts.

I like these concepts in the pdf but will have to be patient and wait until I finish programming everything else before I get to this part.

I have provided a direct link for other Drummond Geometry followers maybe they will have some answers.

http://drummondgeometry.com/docs/pdf/new_concepts.pdf

Regards

Simon

[BlowFish]

The fives are great imho. If you think about the geometry, they are essentially trend lines constructed from two bars. Because of the nature of HTP interactions they can be significant. The dot and ET are great for organising where you are and act as support resistance in there own right (ooops I meant termination!). 11's are useful too, especially when they line up with the envelope framework, these are essentially 'floor traders pivots.

The new stuff looks all well and good but seems to me to be paving the way for automation and backtesting (many with binary outputs). I would focus on the core stuff myself. (unless your interest is automation).

I developed my own version of the zones as an aid to organising farther out geometry (in a similar way to how the EB ET & Dot are used to organise nearby energy.