New Market Timing Techniques: Innovative Studies in Market Rhythm and Price Exhaustion Wiley Trading: Amazon.co.uk: Thomas R. DeMark: Books

Product Description

From the world′s foremost authority on chart analysis–– a practical new treatise on mastering powerful trading tools and systems

In the sequel to his best–selling book, The New Science of Technical Analysis, Tom DeMark refines the most popular and precise of his indicators with exacting new attention to real–time trading applications. For the first time, DeMark shares his powerful new indicator, TD Combo, which when combined with the highly popular Sequential Combination is a powerful new tool for understanding market rhythm and calculating price points.

THOMAS DeMARK (Phoenix, Arizona) and his technical indicators have been a major force at some of the largest and most successful trading operations in the world, including his own firm, Devan Capital.

From the Inside Flap

Widely regarded as the world′s foremost authority on chart analysis, Tom DeMark has developed technical systems and indicators for many of the most successful trading operations in the world. Now, in a sequel to his bestselling book, The New Science of Technical Analysis, he stakes out new territory while refining the most popular and precise of his indicators with exacting attention to real–time trading applications. In addition, he shares–for the first time anywhere–the complete details of a new indicator: TD Combo. Used in conjunction with his popular TD Sequential, TD Combo equips traders with a powerful new tool for understanding market rhythms and calculating buy and sell opportunities. DeMark draws on a lifetime of research and gives the reader the benefit of his legendary expertise as a market timing analyst. 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. Among the indicators presented in this invaluable book are:
∗ Oscillators–Five of DeMark′s key indicators for identifying both price tops and bottoms as well as the overall trend of markets
∗ TD Sequential–An indicator unequaled in its ability to evaluate the condition of a market at any point in time based on price patterns, price relationships, and price movement
∗ TD Combo–The result of an exhaustive research process, this new powerful indicator is used with TD Sequential and is revealed here for the first time in its entirety
∗ TD Lines–DeMark′s trendline analysis technique that provides an accurate, practical methodology for identifying price breakouts
∗ TD Retracements–Consistent, objective, and scientific methods for calculating price retracement projections
∗ Breakouts–DeMark′s unique trading rules for detecting pending or potential price breakouts that would establish or accelerate a trend
∗ TD Moving Averages–Used in combination with price breakout techniques, these methods avoid the shortcomings of similar, less successful approaches
∗ Market Timing Techniques–An array of trading models for capturing short–term opportunities, participating in breakouts, and capitalizing on price patterns and price relationships, originally developed for Tudor Systems
∗ TD Triangulation and TD Propulsion–DeMark′s market timing approaches that depend on momentum and pattern recognition (TD Triangulation) and on the direction of an overall price trend (TD Propulsion)
Along with other thoroughly tested techniques, DeMark offers authoritative insights on a range of essential topics, from common misconceptions about the market, to the skills needed for successful trading, and the extreme importance of careful money management. With its combination of techniques, in–depth analysis, and sound, practical advice, New Market Timing Techniques is a rich resource that every trader will want to navigate the markets.

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4 of 4 people found the following review helpful

TD needs affection 30 Mar 1999

By A Customer

Format:Hardcover

Laurence Connors in the introduction of his excellent "Advanced Trading strategies" mentions two of the most important characteristics of successful trading. Strategies must be simple and one's ego cannot come in the way. This book is exactly the opposite. A desperate attempt to impress with verbosity, numerous trademarks, deliberate complexity of what could have been perhaps enlightning analysis if presented by someone really wanting to pass on a message. As said elsewhere, "insufferable" is the thought that pops up at every page. I am only surprised that the pages are not numbered and patented as TD Page1, TD page2,etc.. such is the spirit of this useless book.

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2 of 2 people found the following review helpful

Possibly good, but nearly incomprehensible writing style. 1 Oct 1998

DeMark is a noted, productive author. He has at least one other book and numerous articles in Futures magazine to his credit. Some of his methods for trading do not require computer power to use, just price charts.

His writing, however,is insufferable. Faults include the following:

Verbosity: On page 16 I found a sentence with over 90 words, followed at once by another one even longer. I have three college degrees, but I want to be taught, not challengd.

Failure to Verify: This man comments unfavorably on other mehods, but fails to present any data on how well his suggestions have worked in tests.

Repetition: His copyrighted TD Sequential method appears in both his books and in Futures Magazine as well. Other methods cited in this book are found in recent Futures articles as well.

Annoying Egoism: I remember who developed the ideas, without preceding each name with "TD."

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1 of 1 people found the following review helpful

A Frustrating Read 28 Aug 2007

By Spencer Collyer

Format:Hardcover|Amazon Verified Purchase

I'm sure there are some good ideas in this book, but it is written so badly that it is very frustrating to read. Tom DeMark may be a very clever man, but he really needed to write this in co-operation with a proper writer, someone who could take his ideas and turn them into readable prose.

I normally hate it when authors of TA books invent terms seemingly for the hell of it, but in the case of this book I wish DeMark had done it more often. For instance, I lost count of the number of times he repeated the definition of what a setup day was (sometimes more than once on a page) - given the definition he uses is very wordy, I was crying out for him to just define the term Setup Day (or more likely TD Setup Day) and use that from then on. And this isn't the only case either. You could easily lose a third of the text of this book and not make it any less clear - in fact, it would probably be a lot more clear and easy to understand.