HELL IS EMPTY, ALL THE DEVILS ARE HERE. -- Shakespeare
Very interesting timing of Stress test (moved from May 4th to May 7th) - right to the date of expected completion of 9-13-9 sell on SPX - are "they" trying to dampen effect of "Crooks telling you everything is fine" announcement?
http://www.screencast.com/t/9BIjJvJCX2R
Having just discovered this method, I've decided to give it a shot,
since it seems so simple to apply.
According to my math, the GBP/USD is in DAY 8 of a TD Sell Set-up
and the USD/CAD is in Day 8 of a TD Buy Set-Up. (I'm trading at
[font=Garamond][size=3][color=darkred]2041h Tokyo Time on May...
Sell setup is at # 6. since there is a slight recount 3 days earlier.
p/s TD Rules needs to be observe too,
- #225
- May 5, 2009 8:00am May 5, 2009 8:00am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #227
- May 5, 2009 11:27am May 5, 2009 11:27am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #228
- May 5, 2009 11:44am May 5, 2009 11:44am
Try post #531 at link below
http://www.forexfactory.com/showthre...t=8491&page=36
both TD Seq and TD Combo by AHA are there.
Thanks in advance for your help
Regards
Hi and thanks for this. I am just starting to get familiar with DeMark and the question I have is are your indicators here giving a different timing to the standard Sequential Indicators or am I misunderstanding something? i basically get a different count on GBPUSD Dailies for the sequential indicator that has been posted on the board versus the ones that are in post 531
Thanks in advance for your help
Regards
To be frank, my indicator is a customise TD Sequential.
Its is very strictly based on Thomas Demark's books.Very pure!
The TD Sequential AHA, is also a good indicator and its free. The only
thing that is lacking is IT Is NOT auto-refresh most of the time.You need
refresh it, by changing the Time Frame, and come back to your favourite
Time Frame setting.
HOWEVER, (sorry about this), display of both of these indicators(mine and AHA)will differs with different brokers, DUE TO closing price level, which is
the major determinant for TD Sequential countings.(this is where u get the
numbers displayed...erm yes2...brokers prices may differs from time to time
closing price, can't be perfect(must expect this since forex is not a regulated market worldwide.) Thus, display of price is very subjective to
the closing price.
Another factor about TD Sequential, is the rules must be strictly observe.
For example, if the display of sequential numbers are there, there are several rules that CAN null and void your counting.(this is very important,
so that, validility of the TD Sequential, works best for you.
Suggest for those interested, to read TD books, before plunging into this fabulous indicator. (Tom Demark, had to spend USD$25 millions in reasearch to get all his fabulous indicators ,and TD Seq and TD Combo are his masterpieces.)
I do hope, only the strong heart will dare to take up the challenge of this
indicators...maybe 1- 5% of forexfactory members will do..hehe
- #231
- May 6, 2009 8:24am May 6, 2009 8:24am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #233
- May 6, 2009 10:00am May 6, 2009 10:00am
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
TODAY:
SPX - completed DeMark TDSetup Sell 9-13-9 (quite symmetrical to scenario lead to the bottom on March 6th)
NDX - the same
DJX - the same
All within 1-2% from corresponding TDSTs
Low ball one by one bank news dropping did not ignite much of buying interest, more importantly - most of the local tops were met by rapid selling into the rising price.
Long SKF (-10% loss), FAZ (-4% loss), short /ES (bleeding - no discipline - did not wait for setups to complete)
annotated SPX chart is here http://screencast.com/t/EutyYDPrgy
(might do video tonight)
Glad I found this group - most of "other" traders think I am nutz when I talk "DeMarkian" language
SPX - completed DeMark TDSetup Sell 9-13-9 (quite symmetrical to scenario lead to the bottom on March 6th)
NDX - the same
DJX - the same
All within 1-2% from corresponding TDSTs
Low ball one by one bank news dropping did not ignite much of buying interest, more importantly - most of the local tops were met by rapid selling into the rising price.
Long SKF (-10% loss), FAZ (-4% loss), short /ES (bleeding - no discipline - did not wait for setups to complete)
annotated SPX chart is here http://screencast.com/t/EutyYDPrgy
(might do video tonight)
Glad I found this group - most of "other" traders think I am nutz when I talk "DeMarkian" language
- #236
- Edited 3:01am May 7, 2009 2:47am | Edited 3:01am
Is there any TD Sequential indicator approved by Thomas DeMark for Meta Trader users? Are those indicators allready attached to this thread works bad? or give bad signals? Hope You guys will understand my english...
frank. Demark dont deal with MetaQuote. So we,( U and me and the rest of Mt4 are left to do our own creative stuff with mql. I am no expert, so I had to engaged an expert programmer. Its been helpful so far....
But AHA TD indicator is also good. All or any user, First Thing needs to do
is to UNderstand the rules TD rules. These are professional stuff,it ain't easy
to understand, so this separate the normal and the extra ordinary strong
heart and mind. That's all it takes.
psst..its not meant to be popular at all, its NOT for the Crowd!p/s( I think we got the same smiley there!) hehe I dont intend to be a good guy, because "Good guys finish last".