Charles Drummond – Predicting Next Week’s Range

Charles Drummond – Predicting Next Week’s Range

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 a record of what was predicted in the year 1980, and that is shown herein.

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.

Books and publications by Charles Drummond

• “Energy Patterns” By Charles Drummond 2015, Stocks & Commodities Magazine Featured Article. 5 pages.
• How to Make Money in the Futures Market…and lots of it! By Charles Drummond. 1978, 575 Pages. Hearne Associates/Drummond Publications
• Charles Drummond on Advanced P&L, by Charles Drummond. 1980, 547 pages. Hearne Associates/Drummond Publications (Chicago).
• The P&L Labs, by Charles Drummond. 1981, 260 pages. Hearne Associates/Drummond Publications (Chicago).
• The 1-1 Paper, by Charles Drummond. 1985, 277 pages. Hearne Associates/Drummond Publications (Chicago).
• The Energy Paper, by Charles Drummond. 1991, 18 pages, Hearne Associates/Drummond Publications (Chicago).
• P&L Accumulation/Distribution: Knowing When to Trade, by Charles Drummond. 1993, 185 pages. Hearne Associates/Drummond Publications (Chicago).