Predicting Next Weeks Range by Drummond

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Content: Charles Drummond – Predicting Next Weeks Range pdf

Charles Drummond (born 1936) is a Canadian securities trader, market technician, author, educator, speaker and technical analyst.

Drummond developed and popularized the “Point and Line” method of technical analysis, also known as “P&L Charting” and Drummond Geometry. His methods are in use today among technical analysts and traders. In recent years his work has also been noted by Forex Traders. Drummond is the author of nine books and a website.

Just after the Advanced Manual first came out (1980), Drummond used to keep in touch with his students, usually monthly, and at the end of each year, he gave his predicted high and low for the oncoming year. What follows is a graphical representation of a summary created in 1982, as to a record of what was predicted in the year 1980, and that is shown herein.