Thomas DeMark Sequential System

[Smart_trade]

http://img141.imageshack.us/img141/5481/niftytdstbp1.jpg

Nifty chart attached. My comp is hanging too often hence breaking this post

 

[Smart_trade]

http://img141.imageshack.us/img141/5481/niftytdstbp1.jpg

Chart is self explanatory

 

[joy.edakad]

Hi all,

Here is two extracts from Demark's Book on Power of 9.

"SIMILAR TO THE BUY SETUP, A DERIVATIVE BENEFIT OF THE NINE-DAY SELL SETUP IS THE IDENTIFICATION OF A SHORT-TERM HIGH ONCE THE SETUP IS FORMED. UNLESS THE MARKET IS IN A BLOW-OFF PHASE OR THE OVERALL TREND IS DEFINED AS DOWN, THIS PULL BACK SHOULD BE TEMPORARY, HOWEVER, AND THE ADVANCE SHOULD RESUME."

"THERE IS A NATURAL RHYTHM DEFINED BY THE SETUP SERIES OF NINE CONSECUTIVE CLOSES GREATER THAN OR LESS THAN THE CLOSE FOUR DAYS EARLIER. GENERALLY, THE MARKET WILL EXPERIENCE A REVERSAL OR STABILIZATION IN PRICE AT THAT TIME. IN FACT, AS MENTIONED EARLIER, IN SOME INSTANCES, PRICE WILL RECORD A SIGNIFICANT TURN AT JUST THAT POINT. THESE OBSERVATIONS ARE UNIVERSAL AND APPLY TO ALL MARKETS AND TO ALL TIME INTERVALS."

Regards.

 

[Smart_trade]

This is in continuation of my post No 82 and 83

The chart shows Power of 9

Bu not going anywhere near BUY TDST but by breaking down SELL TDST at 4708 ,NIFTY was announcing in no unclear terms its intention to trend lower which it did till Sequential 13 Count Down Buy point giving a confirmed move of 900 nifty points.

Trade Well,

Smart_trade

 

[Smart_trade]

Hi all,

Here is two extracts from Demark's Book on Power of 9.

"SIMILAR TO THE BUY SETUP, A DERIVATIVE BENEFIT OF THE NINE-DAY SELL SETUP IS THE IDENTIFICATION OF A SHORT-TERM HIGH ONCE THE SETUP IS FORMED. UNLESS THE MARKET IS IN A BLOW-OFF PHASE OR THE OVERALL TREND IS DEFINED AS DOWN, THIS PULL BACK SHOULD BE TEMPORARY, HOWEVER, AND THE ADVANCE SHOULD RESUME."

"THERE IS A NATURAL RHYTHM DEFINED BY THE SETUP SERIES OF NINE CONSECUTIVE CLOSES GREATER THAN OR LESS THAN THE CLOSE FOUR DAYS EARLIER. GENERALLY, THE MARKET WILL EXPERIENCE A REVERSAL OR STABILIZATION IN PRICE AT THAT TIME. IN FACT, AS MENTIONED EARLIER, IN SOME INSTANCES, PRICE WILL RECORD A SIGNIFICANT TURN AT JUST THAT POINT. THESE OBSERVATIONS ARE UNIVERSAL AND APPLY TO ALL MARKETS AND TO ALL TIME INTERVALS."


Regards.

Thanks Joy,very useful post explains Power of 9 very well.

Trade Well, Best Wishes

Smart_trade

 

[ajaygodha]

Fibotrader has TD Sequential Indicator but doesnot have TD Combo, which i think is more effctive.

 

[Smart_trade]

Fibotrader has TD Sequential Indicator but doesnot have TD Combo, which i think is more effctive.

Hello Ajay,

TD Combo has a different way of counting Countdown bars.It is recommended to follow both,some times sequential speaks,sometimes Combo speaks sometimes both speak simultaneously giving a very powerful buy/sell.

In near verticle moves,Combo does a better job and in normal moves sequential does better and Combo does not give signal here but sequential does.

Trade Well,

Smart_trade

 

[kenneth]

http://img141.imageshack.us/img141/5481/niftytdstbp1.jpg

Chart is self explanatory

Thanks Smart Trader. But feel that chart is not up todate. Hence I am attaching the daily and Hourly charts. Need Your comments and guidance.

regards
ken

 

[Smart_trade]

http://img137.imageshack.us/img137/8449/niftytdst30minoh4.jpg

BUY signal on Nifty Future 30 min TDST

 

[Smart_trade]

http://img137.imageshack.us/img137/8449/niftytdst30minoh4.jpg
This is a 30 min Nifty Future chart.
Mkt took a good resistance at BUY TDST at 4340=30 and reacted a little but did not challenge a SELL TDST at 4168=50 and in the next attempt broke above BUY TDST at 4340=30 confirming a BUY

Smart_trade