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Drummond Geometry consists of the following: [2] [3] Short term trend lines based on two bars in various configurations. Short term 3-period displaced moving averages. An envelope consisting of two trading bands. Co-ordination of these elements in three or more time frames. Typical time-frames vary according to the trader's goal:
A line can be drawn between any two points, but it does not qualify as a trend line until tested. Hence the need for the third point, the test. Trend lines are commonly used to decide entry and exit timing when trading securities. [1] They can also be referred to as a Dutch line, as the concept was first used in Holland.
A three-point field goal (also 3-pointer, three, or triple) is a field goal in a basketball game made from beyond the three-point line, a designated arc surrounding the basket. A successful attempt is worth three points, in contrast to the two points awarded for field goals made within the three-point line and the one point for each made free ...
Drummond developed and popularized the "Point and Line" method of technical analysis, [1] also known as "P&L Charting" and Drummond Geometry. His methods are in use today among technical analysts and traders. [2] [3] In recent years his work has also been noted by Forex Traders. [4] Drummond is the author of nine books [5] and a website.
In basketball, a free throw is an unopposed attempt to score points from behind the free throw line. [1] [2] The EuroLeague's free throw percentage leader is the player with the highest free throw percentage in a given season. To qualify as a leader for the free throw percentage, a player must play in at least 60 percent of the total number of ...
Trend line can refer to: A linear regression in statistics; The result of trend estimation in statistics; Trend line (technical analysis), a tool in technical analysis
A rising or falling line is an uptrend or downtrend and Trix shows the slope of that line, so it's positive for a steady uptrend, negative for a downtrend, and a crossing through zero is a trend-change, i.e. a peak or trough in the underlying average. The triple-smoothed EMA is very different from a plain EMA.
The EuroLeague is the highest level tier and most important professional club competition between basketball teams in Europe, with teams from up to 18 countries, from members of FIBA Europe, mostly consisting of teams from ULEB member national domestic leagues.