Thomas DeMark Sequential System

[jamit_05]

DeMark guidelines.

Nice material. Looks promising.

Could you provide charts to follow?

 

[Smart_trade]

ST kindly confirm if these markings are fine

Sequential markings look correct.

Smart_trade

 

[LivetoTrade]

And whats the target.. as per this system. how low will this sell take the market

Looking at the chart, the possible target is the horizontal red-line.

OP or ST can provide more details

 

[techtrader2]

Thanks st i have downloaded this software seems good software

Sequential markings look correct.

Smart_trade

 

[mastermind007]

Interesting Setup on the weekly with one day to go ..

Can you please verify data in your Ami. EOD data that came from NSE website for 31st October is as follows
6238,6302.6, 6233.1, 6294.9 for O,H,L,C of 31 October 2013.

As per my TDSEQ setup, Bearish setup (9th Consecutive C > C[-4]) was completed on 15th October and 31st October was 5th countdown day. Will post the chart shortly.

 

[nirav_j]

Can you please verify data in your Ami. EOD data that came from NSE website for 31st October is as follows
6238,6302.6, 6233.1, 6294.9 for O,H,L,C of 31 October 2013.

As per my TDSEQ setup, Bearish setup (9th Consecutive C > C[-4]) was completed on 15th October and 31st October was 5th countdown day. Will post the chart shortly.

The weekly chart is of nifty futures and its from GFDL...

 

[rkkarnani]

I never really understood even the Basics of TD !
Had this small eBook on TD Seq. may interest a few for whom TD is something new :

https://drive.google.com/file/d/0B_2ZpsxffrxTdS1BSVRWa1pKQkU/edit?usp=sharing

 

[rkkarnani]

Dear ST,

Would like to have your analysis of the attached chart. Its the Perl AFL Code ..

Regards,
Nirav.

With 1st Nov chart making higher high and closing Higher, i.e. weekly close, does this change anything as per TD Sequential System???

 

[Smart_trade]

With 1st Nov chart making higher high and closing Higher, i.e. weekly close, does this change anything as per TD Sequential System???

It does not make any change. In Nifty Index chart, we have completed 13 sell countdown bars and we are in sell mode as of now. The sell is not triggered as yet as we need a day where closing is less than opening in Nifty ( Index, not futures) and close of that day will be sell point. Our stoploss will be at 6309.65 +73.15 =6382.80 and if the Nifty Index closes above this level and the next day high of that level is taken out, the short trade is stopped out.

When there is a large difference between cash and futures, I prefer to get confirmatory signal on cash charts in addition to futures.

In November NF continuous futures chart it has completed 13 count down bars on 1-11-2013 and now we have to wait for a downclose day to trigger a sell signal.So for NF November futures the stoploss level will be at 6425.85

Smart_trade

 

[umeshmandal]

It does not make any change. In Nifty Index chart, we have completed 13 sell countdown bars and we are in sell mode as of now. The sell is not triggered as yet as we need a day where closing is less than opening in Nifty ( Index, not futures) and close of that day will be sell point. Our stoploss will be at 6309.65 +73.15 =6382.80 and if the Nifty Index closes above this level and the next day high of that level is taken out, the short trade is stopped out.

When there is a large difference between cash and futures, I prefer to get confirmatory signal on cash charts in addition to futures.

In November NF continuous futures chart it has completed 13 count down bars on 1-11-2013 and now we have to wait for a downclose day to trigger a sell signal.So for NF November futures the stoploss level will be at 6425.85

Smart_trade

Thanks rkk for the eBook.
Thanks for this detailed reply ST ! :thumb:
Another thing : As this is a weekly chart, do we now need a weekly candle where the close is lower than the opening to confirm a SELL?