Drummond Geometry - The Millenium Lessons
Lesson 15 - Table of Contents
Section 1 - Analysis
- Screens 1-2
- Trend reversal defined and illustrated.
- 3-9
- A review of all five types of trading; Trend Run, Congestion Action, Congestion Entrance, Congestion Exit, and Trend Reversal.
- 10-11
- Discussion of trend reversal and four distinct scenarios.
Category 1: second bar closes inside the block level of the congestion entrance bar and the trend reversal bar does the same.
Category 2: second bar closes inside the block level of the congestion entrance bar and the trend reversal bar closes outside the original confines of congestion.
Category 3: second bar closes outside the block level of congestion entrance bar creating new confines of congestion, and the trend reversal bar closes inside the original congestion confines.
Category 4: the second bar closes outside the block level of congestion entrance bar, and the trend reversal bar closes outside the original confines of congestion. - 12
- Category 1
- 13
- Category 2
- 14
- Category 3
- 15
- Category 4
- 16
- Signs of trend reversal
- 17-20
- Examples Category 1 thru 4
- 21
- Support and Resistance
- 22-25
- Examples Category 1 thru 4
- 26
- The Corner Line
- 27-30
- Examples Category 1 thru 4
- 31-32
- Additional examples
- 33
- How do we anticipate a trend reversal?
- 34-45
- Anticipating a trend reversal Category 1 Examples 1A -4C
- 46-58
- What creates a trend reversal? Examples 1A - 4C
- 59-62
- Alerts to a daily trend reversal Examples 5A - 5C
- 63
- About trading trend reversals
- 64-66
- Pinging in trend reversals. Examples 1A - 1C
- 67-111
- How to trade trend reversals. Examples 1A - 15C
- 112
- Wrapping it up.
Section 2 - Philosophy
- Screens 1-9 Sudden Reversals
- These events are not usually common and may seem out of the natural order. Sudden change is also part of the process of evolution.
Section 3 - Psychology
- Screens 1-13
- The psychology of trend reversal is the psychology of rejection, and of sudden change.
Section 4 - Exercises
- Screen 1-14
- Exercises 1 thru 12