Lean Hogs

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Trader Question
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Joined: Thu Oct 09, 2008 7:31 am

Lean Hogs

Post by Trader Question »

Does Drummond Geometry apply to volatile markets like the grains and the agriculturals? Can you show me a chart of something like Lean Hogs and how the time periods relate to each other?
pldot
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Posts: 779
Joined: Sun Apr 27, 2008 10:52 pm

Re: Lean Hogs

Post by pldot »

I've attached a screenshot of the Hogs... what you are looking at (left to right) is a daily chart with weekly overlays, a weekly chart with monthly overlays,and a monthly chart with quarterly overlays. There is a lot of flexibility in the ways this information is displayed but this is a layout that I use frequently. Traders would customize the display to match thier accustomed timeframes, etc. You will likely not fully understand the tools used here but there are specific formations that flag market turns. You should be able to see how the higher time period support and resistance areas (which are always available ahead of the market , in the developing future bar) kick in on the respective charts. I think you will find it interesting.
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hogs.jpg
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