Discussion in 'Educational Resources' started by toc, Feb 9, 2006.
Any inputs on the Drummond Geometry techniques from the site pldot.com or tedtick.com.
What do you want to know? I recently finished all 30 lessons.
Whats your opinion of it ?
looks intresting, is it a system or do you have interpret the information?
It's definitely not a system, it's a methodology. It's unbelievably detailed and is very very intensive study if you apply yourself. My notes are over 40 typed pages long and it took me about 3 months to complete, about twice as long as I thought. They have some very unique views on the market, concepts not in Edwards & Magee.
Does it work? I'm not sure yet. There are many different tools to use and one has to decide for themselves which to use. Really, the methodoloy is simple, but it takes some time to get the groundwork laid. It's just another way of looking at S/R and identifying turning points.
I'd love to talk to anyone else using it, though I suspect there are only a handful of people.
I have received quite a few PMs about Drummond Geometry and wanted to post on this thread asking everyone to please stop.
I don't follow the system anymore so would prefer that you do not ask me any questions about it. After much study and introspection I have come to the conclusion that it is a bunch of hooey. If it happens to work for you then that's great and I wish you the best of luck with it.
I agree with you on Drummond. It does not have to be that complicated . Triangles and trendlines ,if drawn from dynamic points, is all you need.
I have not personally traded it, but have a trader friend that trades it. My personal opinion is that it is way to complex to trade profitably, esp at the beginning.
Just my opinion, but not my cup of tea.
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