The New Science of Technical Analysis is a sequel to the best-selling trading book of 1995. For the first time anywhere, DeMark shares the complete details of a new indicator, which when used in conjunction with his popular TD Sequential, gives traders a powerful new tool for understanding market rhythms and calculating buy and sell opportunites. In addition, he offers detailed material on indicator construction, application, and interpretation, and makes it much easier for traders to implement his revolutionary concepts in real-time situations.
Tom DeMark has developed technical systems and indicators for many of the most successful trading operations in the world. He stakes out new territory in a sequel to his bestselling book, The New Science of Technical Analysis, while refining the most popular and precise of his indicators with strict attention to real-time trading applications. He shares the complete details of a new indicator for the first time. With the help of his popular TD Sequential, traders can understand market rhythms and calculate buy and sell opportunities. The reader will benefit from DeMark’s legendary expertise as a market timing analyst. He makes it easy for traders to implement his revolutionary concepts in real-time situations by offering detailed material on indicator construction, application, and interpretation. There are indicators presented in this book. DeMark has five key indicators for identifying both price tops and bottoms as well as the overall trend of markets. The ability to evaluate the condition of a market at any point in time is based on price patterns, price relationships, and price movement. This new powerful indicator is revealed for the first time in its entirety after an extensive research process. An accurate, practical methodology for identifying price breakouts is provided by the trendline analysis technique of the TD Lines-DeMark. There are consistent, objective, and scientific methods for calculating price retracement projections. DeMark has unique trading rules for detecting pending or potential price breakouts that would establish or accelerate a trend. These methods avoid the weaknesses of similar, less successful approaches. Market Timing Techniques were originally developed for Tudor Systems. Market timing approaches are dependent on momentum and pattern recognition and on the direction of an overall price trend. Along with other thoroughly tested techniques, DeMark offers authoritative insights on a range of essential topics, from common misconception about the market, to the skills needed for successful trading, and the extreme importance of careful money management. Every trader will want to use New Market Timing Techniques because of its combination of techniques, in-depth analysis, and sound, practical advice.
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