[Szymon]

Originally Posted by 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.

Hi Blowfish,

Do you mind sharing your version of the zones, maybe post some pics. I am curious.

Regards

Simon

[BlowFish]

Very simple Syzmon. As I mentioned 11 dot and 11's are floor pivot and S1 R1. I simply added R2 S2 (using the 'floor' pivot formula) and averaged those for 3 bars in the same way that the envelope works. I'll try and post some charts later.

[Szymon]

Originally Posted by 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.

Hi Blowfish,

Thanks for your reply.

I think that is a great idea extening those zones to the next areas. Let me know when you can post some pics of these new zones.

I am going to be setting up my trading workstation this week, so hopefully I am going to get my PL dots up and fully running.


Regards
Simon

[Szymon]

Originally Posted by 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

Here is an updated version of the chart.

Regards

Simon

[Szymon]

Updated Chart of the AUDUSD

Simon

[apig]

Drummond Geometry does no work. Drummond use to hang with a group once a year in Fort Lauderdale of traders that exchanged ideas.His materials are available and I have the code for Metastock. A few in my class used it and lost all their money.

[Szymon]

Originally Posted by apig »

Drummond Geometry does no work. Drummond use to hang with a group once a year in Fort Lauderdale of traders that exchanged ideas.His materials are available and I have the code for Metastock. A few in my class used it and lost all their money.

Sorry to hear that. Have you tried any other strategies besides Drummond Geometry?

Simon

[atto]

Originally Posted by apig »

A few in my class used it and lost all their money.

Drummond Geometry aside, if someone loses all of their money following a strategy, it's their fault. Everyone needs to find what makes sense and resonates with them and their own style, be it Drummond, Market Profile, Wyckoff, candles, technical indicators, etc. Testing/validating, analysis, money management, and actual trade decisions are up to them.