The Drummond Geometry Forum

The way I'm estimating the week or day for that matter is based on the ET & EB & possibly the Nearby's I quess I'm looking for a definitive way of what to look for each day & weekly

DM

The weekly & Monthly resistance is not right in our face The nearest resistance is at MCl 907 & Monthly is further out So all the day has to contend with is its and the 60 min resistance

DM

You, meaning an experienced P&L'er knew when the market turned up from the 700's that one day we would be at 900 + and probably 1000 before to long so - are you able to sit on a position for extended periods of time or even if its for a day - do you hold a position and wait for it to go to the e...

I quess what I'm trying to say is I see that P&L can take a person anyway from the normal day trading process of running in grabbing a couple of bucks and then wait for the next opportunity. I personally do not delight in "the excitment of the trade" that burns you out emotionally quic...

After my amazement and self congratulations are over This month so far has been a great learning experience not that this month is over by any means But I'm looking forward to next months numbers which I'm be approaching in a whole diferent manner By knowing that the prognostication on paper is very...

We are starting to come into the quarterly & Yearly numbers I don't have "Future" numbers but using the S&P Index numbers The nearest support /resistance numbers are Quarterly 1-1 Hi 948 Yearly 1-1 Lo 934 Also a possible senario for the S&P on Monday is that it takes out the re...

I'm gaining confidence - but the nerves are still there - I'm working on being "bored" (gotta mirror in front of me and practicing bordom - how does it look!!!)

D M

Should the "fatness" of the range of the Nearby Support or resistance be treated as 1-1 zones in that the greater the distance or area between the top and bottom of a Nearby Support range mean the stronger the support and is as long as it is in close proximatety to the close price and vice...

1st experiment - stopped out even holding 930 it went to 933 + then out 2nd experiment - Long 928 at the PLCrest held to 933 +$5.00 maybe should of held longer - your right it takes getting use to (oops out early now 933.75) I'll try my patience again if another good position sets up today somewhat ...

a bit of a break thru yesterday for me or probably anyone else who has never experienced meeting a P&L target for the 1st time. Hitting the daily Hi & lo is cool but I now "mentally & emotionally" accept the theory of P&L. All I can say is I now accept that it works and wha...