So if the HTP is in Trend Run up the "Daily" should not be able to setup congestion action but go back up into Congestion entrance UP according to the course.
DM
Search found 709 matches
- Thu Nov 20, 2008 10:15 am
- Forum: DG Trading Systems and Signals
- Topic: The Market Cycle
- Replies: 9
- Views: 9230
- Thu Nov 20, 2008 10:13 am
- Forum: DG Trading Systems and Signals
- Topic: The Market Cycle
- Replies: 9
- Views: 9230
Re: The Market Cycle
Its getting interesting!! Reading up on Congestion Action and the question is - the Weekly is in a Trend Run up still although hanging on by its finger nails. So the next trading should be Congestion Entrance UP- Right??? The Weekly PLDot is at 906 & the Weekly "Live" PLDot is at 912. ...
- Thu Nov 20, 2008 10:11 am
- Forum: DG Trading Systems and Signals
- Topic: The Market Cycle
- Replies: 9
- Views: 9230
The Market Cycle
Well I quess this counts as Congestion Entrance Down I think I've experienced the the whole cycle now. 2 weeks ago when I started doing my analysis the mkt was in the process of bottoming then last week we had the rally and now we have a top and a move back down and so it starts all over again It ha...
- Thu Nov 20, 2008 10:02 am
- Forum: DG Trading Systems and Signals
- Topic: Ability to see Signals
- Replies: 1
- Views: 5359
Ability to see Signals
ES 4000T appears to be playing out D ET & M ET. Daily Dotted line looks strong (at the moment). While the weekly is over the E Top its trying for congestion down. So I anticipate the 4000T to hold (yes). At 11.30 the two previous bars looked like 'yes' with resistance holding and the flow shifti...
- Thu Nov 20, 2008 9:44 am
- Forum: Drummond Geometry General Discussion
- Topic: I Completed the Course!
- Replies: 1
- Views: 7071
I Completed the Course!
I want to start off by thanking you for creating (co-creating) the P&L School!!
After six to seven months of intensive study I have completed the thiry lessons.
I look forward to studying the lessons again, particularly those on no-patterns, exhausts, flow, targets and sure-foot trades.
S.C.
After six to seven months of intensive study I have completed the thiry lessons.
I look forward to studying the lessons again, particularly those on no-patterns, exhausts, flow, targets and sure-foot trades.
S.C.
- Thu Nov 20, 2008 9:07 am
- Forum: DG Trading Systems and Signals
- Topic: Strength and Weakness
- Replies: 6
- Views: 8252
Re: Strength and Weakness
Am I more on track with this type of focus?? I think this is what you have been trying to pound into me over the last couple of months. I think I'm getting it - My analysis seems to be working out OK - but in a convoluted way I think I've been putting the cart before the horse and not coordinating t...
- Thu Nov 20, 2008 8:24 am
- Forum: DG Trading Systems and Signals
- Topic: Strength and Weakness
- Replies: 6
- Views: 8252
Re: Strength and Weakness
Then basically I should only take positions when multiple LTP "AND" HTP's resistance & support P&L tools come together - never "one" Time period
by itself This way I will be asured of a positive result from a buy or sell
D.M.
by itself This way I will be asured of a positive result from a buy or sell
D.M.
- Wed Nov 19, 2008 12:13 pm
- Forum: DG Trading Systems and Signals
- Topic: Strength and Weakness
- Replies: 6
- Views: 8252
Strength and Weakness
I keep rereading Lesson 16 screens 22 to 29 And I quess according to that - that strength can be monitored by where the nearby support/Resis is relative to where it was yesterday (assuming a "daily" perspective) i.e. if the "support nearbys" have moved up closer to the PLDot from...
- Wed Nov 19, 2008 12:02 pm
- Forum: DG Trading Systems and Signals
- Topic: Congestion Action
- Replies: 7
- Views: 8066
Re: Congestion Action
And further that strength and weakness is determined by the nearness of the "Nearby's are to the ET or EB? And that I should be monitoring this "movement" of nearby's either - closer to - or further away from the EB or ET
DM
DM
- Wed Nov 19, 2008 12:00 pm
- Forum: DG Trading Systems and Signals
- Topic: Congestion Action
- Replies: 7
- Views: 8066
Re: Congestion Action
And the farther away the su or re is the less "strength" it gives to the Support of weakness?
DM
DM