Thomas DeMark Sequential System

[Apurv7164]

Hello! Everybody,

Happy Diwali, Happy New Year and Happy Halloween!!!

I need help in understanding concept of intersections practically... Couple of questions...

1. How do we practically see intersections in Indian market?
2. Once set up is complete how many bars we can tolerate as intersection to keep our set up valid and live?
3. Should we start countdown if we have intersection for couple of bars right after bar 9?

Thanks,
Apurv

 

[Isamu]

Smart Trade, you answered my questions perfectly, you are a scholar and a gentleman. Thank you for sharing your opinions and advice.

 

[Smart_trade]

Hello! Everybody,

Happy Diwali, Happy New Year and Happy Halloween!!!

I need help in understanding concept of intersections practically... Couple of questions...

1. How do we practically see intersections in Indian market?
2. Once set up is complete how many bars we can tolerate as intersection to keep our set up valid and live?
3. Should we start countdown if we have intersection for couple of bars right after bar 9?

Thanks,
Apurv

Hello Apurv,

Thanks for your good wishes for festive season. I wish you the same. Your queries are answered in the same serial order :

1) Intersection can be seen on every sequential example ,go back and see my posts on intersection and see that on any chart showing set up and countdown markings. It is very easy,most of the times your eyes will tell you.

2) Once setup is complete,theoratically it is valid till a reverse set up ( set up in opposite direction ) takes place or another bigger set up in the same direction takes place but practically you will never have to wait for more than 3-4 days to start count down after set up.In other words the intersection happens in 3-4 bars max.

3) You require intersection to happen in only one bar on 8th,9th or any subsequent bars.After that the countdown starts.

Best Wishes,

Smart_trade

 

[vvvv]

DeMark Readings Finally Signaling A Potential Bottom

It's been a painful month for investors but the markets could finally be finding a bottom. The DeMark Weekly indicators have reached 12 and 13s across the board and stocks are as oversold as they have ever been.

The Weekly DeMark Combo on the S&P 500 paints the most compelling picture for a bottom. It is currently registering both a 9 and a 13. A 13 buy countdown signal is an extremely rare event on an index because indexes do not typically sustain such straight down moves for long periods of time. The only other 13 buy countdown signal on an index that I recall was during the 2002 market bottom.

Likewise, the NASDAQ has registered a 9 buy setup on the weekly DeMark Sequential.

website : http://www.contrahour.com/

 

[asraghu]

Hello Ken, SmartTrade & others,

Can you share your modified versions of AFL for Demark system ?

thanks in advance
- Raghu

 

[Smart_trade]

Hello Ken, SmartTrade & others,

Can you share your modified versions of AFL for Demark system ?

thanks in advance
- Raghu

Raghu,

I dont have any AFL for DeMark systems.All I have is a metastock ulility for identifying set up and countdown bars.This I have shared in this thread already a few pages back.

Best Wishes,


Smart_trade

 

[shreya555]

hi guys i am new member here. i study this thread. i also went on details of TD sequential system. here is my analysis

from nifty charts,

the bars within blue lines are BUY SET UP phase. the bar marked by pink arrow is where intersection meets and minimum 9 setup bars are complete, so we commence on count down though the set up is not complete. Complete set up is where price flip occurs. you can see complete set up bar where the blue line ends. see count down phase in green bars. 13 was complete yesterday. Today was a buy marked in blue arrow.
yes, targets are tar 1 is where there is strong resistance. tar 2 is the buy TDST line.
Blue dots are counts for set up phase , green dots are for count down phase.
stop loss ( very unlikely to hit) is the true range of lowest bar ( we call it stops loss bar ) in countdown phase subtract from low of this stoploss bar.

very important aspect of this chart is that there is no recycling implying that coming uptrend would be strong.

i personally bought dec 2900 CE nifty today.
so nifty is ready for a very good upmove for short term

shreya

 

[S S]

hi guys i am new member here. i study this thread. i also went on details of TD sequential system. here is my analysis

from nifty charts,

the bars within blue lines are BUY SET UP phase. the bar marked by pink arrow is where intersection meets and minimum 9 setup bars are complete, so we commence on count down though the set up is not complete. Complete set up is where price flip occurs. you can see complete set up bar where the blue line ends. see count down phase in green bars. 13 was complete yesterday. Today was a buy marked in blue arrow.
yes, targets are tar 1 is where there is strong resistance. tar 2 is the buy TDST line.
Blue dots are counts for set up phase , green dots are for count down phase.
stop loss ( very unlikely to hit) is the true range of lowest bar ( we call it stops loss bar ) in countdown phase subtract from low of this stoploss bar.

very important aspect of this chart is that there is no recycling implying that coming uptrend would be strong.

i personally bought dec 2900 CE nifty today.
so nifty is ready for a very good upmove for short term

shreya

A new member...hmmmm. Welcome to the forum Shreya.
But what is 555....? Being a smoker myself, it reminds me of State Express 555 cigarettes

 

[shreya555]

A new member...hmmmm. Welcome to the forum Shreya.
But what is 555....? Being a smoker myself, it reminds me of State Express 555 cigarettes

it is my lucky figure. thnks u

 

[Smart_trade]

hi guys i am new member here. i study this thread. i also went on details of TD sequential system. here is my analysis

from nifty charts,

the bars within blue lines are BUY SET UP phase. the bar marked by pink arrow is where intersection meets and minimum 9 setup bars are complete, so we commence on count down though the set up is not complete. Complete set up is where price flip occurs. you can see complete set up bar where the blue line ends. see count down phase in green bars. 13 was complete yesterday. Today was a buy marked in blue arrow.
yes, targets are tar 1 is where there is strong resistance. tar 2 is the buy TDST line.
Blue dots are counts for set up phase , green dots are for count down phase.
stop loss ( very unlikely to hit) is the true range of lowest bar ( we call it stops loss bar ) in countdown phase subtract from low of this stoploss bar.

very important aspect of this chart is that there is no recycling implying that coming uptrend would be strong.

i personally bought dec 2900 CE nifty today.
so nifty is ready for a very good upmove for short term

shreya

Wecome to the thread,Shreya...

Happy to see your interest and knowledge of DeMark Sequential. Your counddown days counting seems incorrect. The countdown should have started from 9th day of set-up and 10,11,12 th days are also countdown days.The intersection has taken place on 7th day of set up and hence countdown should have started from 9th day.

If you had counted as above,you would have got a BUY on the earlier bottom which was more advantageous point.

I will try to post chart with my markings as we had identified this bottom. I will post the chart this weekend.

Happy Trading !!!

Smart_trade