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Direct MessagesDate/Time: Sun, 19 May 2024 00:37:49 +0000
Post From: SC Tom DeMark: Trading the Nines?
| [2020-01-08 18:23:39] |
| SC Support Tom - Posts: 450 |
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Regarding Post #30: There aren't supposed to be any other numbers higher than 9 With TD Setup, there can be numbers higher than 9. I am working from the primary sources, namely DeMark's books. Quoting from page 43 of New Market Timing Techniques: A buy Setup is defined as a series of none or more closes less than the close four trading days earlier, and a sell Setup is defined as a series of nine or more consecutive closes greater than the close four trading days earlier. The Setup period could, and often does, extend past the minimum number of nine consecutive closes less than or greater than the close four trading days earlier. The emphasis was also in the original. The TD Buy Setup Perfection and Sell Setup Perfection on Slides 12 and 16 of the link that you provided are the segue from TD Setup to TD Countdown. I am working on TD Countdown now. Date Time Of Last Edit: 2020-01-08 18:26:36
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