JordanMT

JordanMT

The **flow concept** in trading refers to the way markets move, either easily or with difficulty, in an upward or downward direction. It is a critical tool for traders to anticipate price movements and market behavior. Key Points: 1. Types of Flow: - Good Flow: Market moves easily in the expected direction, aligning with targets. - Poor Flow: Market struggles or...

JordanMT

Why Use Multiple Time Frames ? In trading, understanding flow and target areas across different time frames is essential for precision. Each time frame provides a unique insight: Higher Time Frame (HTP) : Establishes the direction and target areas. Focal Time Frame : Serves as your primary or main frame of focus for trading decisions. Lower Time Frame (LTP) :...

JordanMT

The focus for this idea will be the weekly timeframe with monthly overlayed and the daily timeframe with the weekly overlayed. The monthly chart will be used as a higher timeframe reference. In Calendar week 48 BTCUSD had a close below the weekly Envelope Top (99414.61). This was a first indication that the weekly was in the middle of retracement. When...

JordanMT

In Drummond Geometry, envelopes serve as dynamic zones of expected price action, and terminations mark key points where price either respects or challenges these levels. Let’s explore these concepts based on the chart provided and the behavior of Tesla stock. 1. Envelopes and Their Role - Definition : Envelopes represent boundaries derived from price...

JordanMT

Drummond Geometry emphasizes the importance of understanding and utilizing multiple time frames for trading. It outlines that higher time periods (HTP) provide critical directional context, while lower time periods (LTP) offer granular confirmation and entry/exit signals. This interplay allows traders to align their trades with the broader market structure while...

JordanMT

The essential element of the Drummond Geometry is the PL dot (Point and Line). This dot is a short term moving average that is calculated as the average of the last three candles averages of High, Low and Close. In Drumond Geometry, the open plays no role. PL dot = Avg(Avg(H1,L1,C1) + Avg(H2,L2,C2) + Avg(H3,L3,C3)) The key difference with other moving averages...