New Market Timing Techniques: Innovative Studies in Market Rhythm & Price Exhaustion [Hardcover]

Thomas R. DeMark (Author)

Book Description

Publication Date: July 3, 1997 | ISBN-10: 0471149780 | ISBN-13: 978-0471149781 | Edition: 1

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.

Editorial Reviews

From the Publisher

Sequel to the best-selling trading book of 1995, The New Science of Technical Analysis, by one of the most respected and authoritative voices in the industry. DeMark shares--for the first time anywhere--the complete details of a new indicator: TD Combo which, when used in conjunction with his popular TD Sequential, equips traders with 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.

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.

See all Editorial Reviews

Product Details

• Hardcover: 368 pages
• Publisher: Wiley; 1 edition (July 3, 1997)
• Language: English
• ISBN-10: 0471149780
• ISBN-13: 978-0471149781
• Product Dimensions: 10.4 x 7.3 x 1.1 inches
• Shipping Weight: 1.8 pounds (View shipping rates and policies)
• Average Customer Review: 4.1 out of 5 stars  See all reviews (82 customer reviews)
• Amazon Best Sellers Rank: #108,149 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

Most Helpful Customer Reviews

37 of 40 people found the following review helpful:

1.0 out of 5 stars TD needs affection, March 29, 1999

By A Customer

This review is from: New Market Timing Techniques: Innovative Studies in Market Rhythm & Price Exhaustion (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.

26 of 27 people found the following review helpful:

1.0 out of 5 stars do not buy, December 30, 1998

By 

[e-mail] (Santiago, Chile.) - See all my reviews

This review is from: New Market Timing Techniques: Innovative Studies in Market Rhythm & Price Exhaustion (Hardcover)

Sorry to many people that say that this is one of the best books in Tech Analysis. It is impossible, because this is the worst book in this matter. You will spent a hell of a long time studying it and trying to understand any paragraph due to the redaction and the hidden ideas. Moreover you will find a lot of inconsistences between the graphs and the text. Therefore: The most unprofessional thing I have EVER seen in terms of writing and ideas. Sorry but i need to stop the abuse to the readers.

26 of 28 people found the following review helpful:

1.0 out of 5 stars I wasted my money, January 24, 1999

By A Customer

This review is from: New Market Timing Techniques: Innovative Studies in Market Rhythm & Price Exhaustion (Hardcover)

This book needs to be edited - badly. It's very difficult to read. Sentences a page apart contradict each other.

The author repeatedly claims that these techniques are simple and mechanical but they seem to me to be just the opposite. I found them very difficult to understand and he allows so much variation in the parameters that the interpretation becomes very subjective.

Worse, he explains a technical indicator and cites specific parameters and then goes on to point out that the reader may want to vary these parameters all over the place! Excuse me, sir, but I thought that was why you did all the research - to figure out what the proper parameters were. If you tell me that I need to experiment with them then why do I need your book?