Thomas DeMark Sequential System

[TopGearTrades]

FYI, I see that ALBK has a TD 13 and Combo.

 

[Smart_trade]

Hi ST,

In jason perl's book it goes like this (regarding TD SET up perfection)
"TD Buy Setup “Perfection”
The low of bars eight or nine of the TD Buy Setup or a subsequent low must be less than, or equal to, the lows of bars six and seven of the TD Buy Setup."


Now in our TD SET UP Failure we compare 6th bar with 9th bar, is the above contradicting our Set Up Failure, I am a bit confused, so please clarify

Secondly, the Jason Perl Book gives examples of set up completion before and after the TDST line as a trading opportunity. For example If 9th bar closes above TDST line then it is strong trend. Can this rule be traded profitably. Please give your views

Hi poortrader,

1) I have not understood your first question. Are you mixing up Set Up Qualifier and Intersection ? These two are different things.

2) My experience shows that if the opposing side TDST is broken in first 4-5 bars of the set up, then the trend is likely to be strong. If it takes 9 bars to break the TDST, the market gets tired out by then and goes for sideways to down correction by Power of 9...many times the move reverses there.

Just see the chart posted by me...the buy TDST ( blue line ) was broken by sell setup within 5 bars and we had a strong uptrend thereafter.

Smart_trade

 

[poortrader]

Hi poortrader,

1) I have not understood your first question. Are you mixing up Set Up Qualifier and Intersection ? These two are different things.

2) My experience shows that if the opposing side TDST is broken in first 4-5 bars of the set up, then the trend is likely to be strong. If it takes 9 bars to break the TDST, the market gets tired out by then and goes for sideways to down correction by Power of 9...many times the move reverses there.

Just see the chart posted by me...the buy TDST ( blue line ) was broken by sell setup within 5 bars and we had a strong uptrend thereafter.

Smart_trade

Thanx for the insight into the working of TDST again.
Yes, I have mixed up the two..thanx for clarification.

 

[hoanggiangsos]

The DeMark service is a third party product (US$500/month) that runs on the CQG, Thomson and Bloomberg quote/research platforms.

The DeMark chat room is on Bloomberg and provides guidance regarding the implementation of the dozens of indicators that Tom and his team have developed. However, they do not make any recommendations. Everything is FEPO (For Educational Purposes Only).

The 'Classroom' in TDRS on Bloomberg has generic examples describing the each of the indicators. They serve as an update, supplementing the material available in Tom's and Jason Perl's books.

Dear TopGearTraders

Do you have email? I really need your help.
My email: [email protected]

Thank so much

 

[Bewinner]

Thank you ST for posting TDST...

 

[TopGearTrades]

Tom DeMark: Sell Around the World

http://www.bloomberg.com/video/tom-demark-sell-around-the-world-KdBPeJbXQXqvlShFYHL7Jw.html

Tom only makes a few public recommendations each year, generally released through Adam Johnson at Bloomberg. They are definitely worth following.

 

[Gaur_Krishna]

ST da, TD also gives a new interesting diamention to trendlines and that is from right to left by connecting swing highs or lows. Now I have some questions regarding TD trendlines.

1. What is better TF for using these lines?
2. At times, the supply (downtrend) line is having upslope; and vice versa for demand line, is that OK?
3. How he defines consolidation and breakout

With regards,
Gaur_Krishna

 

[TopGearTrades]

As previously noted, if anyone is adding the Combo Version 2 code to the AmiBroker AFL I would be pleased to compare the results with the DeMark readings from Bloomberg.


Here is an updated chart of ALBK which completed a 13 at the beginning of the week.

 

[MurAtt]

Ranbaxy gave a TD Buy imo 2 days back. Actually dont know - someone suggested so posting here.

Members using TD can confirm the same through their charts AND even if not, then please to intimate.

 

[val2004]

I found a td sequential j perl version
can someone check the code and correct it please ( if necessary )

http://xa.yimg.com/kq/groups/1010692/1113806852/name/TDST_DeMark_Perl.afl