Thomas DeMark Sequential System
- Thread starter leo_3455
- Start date
DeMark sequential is a long term reversal method. 100-200 points up/down has no meaning as after a buy/sell signal we look for 2-3 weeks of trend in reverse direction.It is very difficult to take a trade on DeMark sequential and sit for all up/down moves. As long as stops are not hit, the trade is going on. So market may go up, go near the high, even exceed the highs...but if stops are not hit, we stay in the trade.Sequential trade should normally give us 350-500 Nifty points if it works.
Sequential is not a never fail method...it can and it does fail. When sequential stoploss is hit, market accelerates in that direction .So still sell trade is very much valid....it will be valid even if NF goes to 6375 or 6400 also. Sequential stoploss is normally 100-150 points away...it is not a scalping, daytrading or even swing trade method, so it is for long term traders....
I track sequential to know the overall market activity expected...but if in sequential sell phase , if market starts upmove, we will go long and encash that upmove. Also in downmove we will be short and enjoy that too. Markets never go up/down in straight line. I am very sure that we will have strong upmoves also on the way down. One upmove to test the top is expected soon .
Smart_trade
Note : Posted here for information
Sequential is not a never fail method...it can and it does fail. When sequential stoploss is hit, market accelerates in that direction .So still sell trade is very much valid....it will be valid even if NF goes to 6375 or 6400 also. Sequential stoploss is normally 100-150 points away...it is not a scalping, daytrading or even swing trade method, so it is for long term traders....
I track sequential to know the overall market activity expected...but if in sequential sell phase , if market starts upmove, we will go long and encash that upmove. Also in downmove we will be short and enjoy that too. Markets never go up/down in straight line. I am very sure that we will have strong upmoves also on the way down. One upmove to test the top is expected soon .
Smart_trade
Note : Posted here for information
Hello ST,
You mean to say, it is going to happen like this?
On 6th Oct, 2013, Nifty close was < last 4 sessions.
Now on 7th Oct, 2013, nifty close should be > last 4 candles (i.e. 5317), which means TD Sell setup will begin?
I was going thru "DeMark_Indicators-Jason_Perl.PDF where i read this
-----------------------------
Page 4
-------
A Bullish TD Price Flip occurs when the market records a close less than the close four bars before, immediately followed by a close greater than the close four bars earlier.
Once the bullish TD Price Flip occurs, a TD Sell Setup can begin.
------------------------------
ST, others
I am new to TDST, please correct me if i am wrong.
You mean to say, it is going to happen like this?
On 6th Oct, 2013, Nifty close was < last 4 sessions.
Now on 7th Oct, 2013, nifty close should be > last 4 candles (i.e. 5317), which means TD Sell setup will begin?
I was going thru "DeMark_Indicators-Jason_Perl.PDF where i read this
-----------------------------
Page 4
-------
A Bullish TD Price Flip occurs when the market records a close less than the close four bars before, immediately followed by a close greater than the close four bars earlier.
Once the bullish TD Price Flip occurs, a TD Sell Setup can begin.
------------------------------
ST, others
I am new to TDST, please correct me if i am wrong.
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