DeMark Indicators
Bloomberg Professional
1. Auflage Dezember 2007
224 Seiten, Hardcover
Wiley & Sons Ltd
ISBN:
978-1-57660-314-7
John Wiley & Sons
Silver Medal Winner, Investing Category, Axiom Business Book Awards (2009)
Winner: Book Series Cover Design, The Bookbinders Guild of New York/2009 New York Book Show Awards
"Long a secret weapon for the hedge-fund elite," says Trader Monthly, the DeMark Indicators are now used by more than 35,000 traders.
This book provides an easy-to-follow system for using the indicators to identify market turns as they happen.
Author Jason Perl gives a concise introduction to thirty-nine of the DeMark Indicators, and then shows how to combine the indicators and time frames to achieve a higher probability of trading success.
Thomas R. DeMark, the creator of the DeMark Indicators and one of the most well-respected practitioners of technical analysis wrote the Foreword to this book.
This is the second book in the Bloomberg Market Essentials: Technical Analysis series, which covers the key elements of the most widely used technical analysis tools.
Foreword (Tom DeMark).
Acknowledgments.
Introduction.
Author's Note.
About DeMark Indicator Trademarks.
1 TD Sequential: Defining the Trend and Identifying Exhaustion Points.
TD Setup.
Interruption of a TD Buy Setup.
Completion of the First Phase of TD Sequential.
TD Sell Setup.
Using TDST Levels to Determine the Underlying Trend Bias.
TD Sequential vs. More Conventional Momentum Indicators.
TD Buy Setup "Perfection".
Trading a TD Buy Setup.
Trading a TD Sell Setup.
TD Setup vs. TD Sequential Countdown.
TD Buy Countdown Cancellation.
TD Buy Countdown Cancellation and Recycle Qualifiers.
TD Buy Countdown Recycle Qualifier.
Entering a Long Position.
Alternative Strategy for Entering a Long Position.
TD Buy Termination Count.
Frequently Asked Questions.
TD Sell Countdown.
TD Sell Countdown Cancellation.
TD Sell Countdown Cancellation and Recycle Qualifiers.
Alternative Strategy for Entering a Short Position.
TD Sell Termination Count.
Frequently Asked Questions.
Combining Time Frames for Additional Confidence.
Frequently Asked Questions about TD Sequential.
TD Sequential: Recommended Settings.
TD Aggressive Sequential.
2 TD Combo.
TD Combo Buy Setup.
Differences in Buy Countdown: TD Combo vs. TD Sequential.
TD Combo Buy Countdown.
TD Combo Version I: Recommended Settings.
3 TD D-Wave.
The Underlying Elliott Wave Principle.
Elliott Wave Basics.
DeMark's Mechanized Version of Elliott Wave.
The Time Aspect of the TD D-Wave Requirements.
Calculating TD D-Wave Projections.
The Ultimate Targets for TD D-Waves 5 and C.
Bear Market Price Projections.
TD D-Wave Frequently Asked Questions.
TD D-Wave: Recommended Settings.
4 TD Lines.
The Three TD Demand Line Qualifiers.
Calculating the Objective for a TD Demand Line Break.
TD Supply Line Qualifiers.
TD Lines: Recommended Settings.
5 TD Retracements.
TD Relative Retracement: Recommended Settings.
Recommended Settings for TD Absolute Retracement.
6 TD Trend Factor and TD Propulsion.
TD Trend Factor.
Frequently Asked Questions.
TD Trend Factor - Recommended Settings.
TD Propulsion.
TD Propulsion: Recommended Settings.
7 TD Oscillators.
TD Range Expansion Index (TD REI).
TD REI: Recommended Settings.
TD DeMarker I and TD DeMarker II.
TD DeMarker I: Recommended Settings.
TD DeMarker II: Recommended Settings.
TD Pressure.
TD Pressure: Recommended Settings.
TD Rate of Change (TD ROC).
TD ROC: Recommended Settings.
TD Alignment.
TD Alignment: Recommended Settings.
8 TD Moving Averages.
TD Moving Average I: Recommended Settings.
9 TD Range Projection, TD Range Expansion Breakout, and TD Channels.
TD Range Projection.
TD Range Expansion Breakout (TD REBO).
10 Short-Term Indicators: TD Differential, TD Reverse Differential, and TD Anti-Differential.
TD Differential.
TD Reverse Differential.
TD Anti-Differential Up Arrow.
TD Anti-Differential Down Arrow.
11 TD Waldo Patterns.
12 Putting It All Together.
13 Learning the DeMark Indicators.
Index.
Acknowledgments.
Introduction.
Author's Note.
About DeMark Indicator Trademarks.
1 TD Sequential: Defining the Trend and Identifying Exhaustion Points.
TD Setup.
Interruption of a TD Buy Setup.
Completion of the First Phase of TD Sequential.
TD Sell Setup.
Using TDST Levels to Determine the Underlying Trend Bias.
TD Sequential vs. More Conventional Momentum Indicators.
TD Buy Setup "Perfection".
Trading a TD Buy Setup.
Trading a TD Sell Setup.
TD Setup vs. TD Sequential Countdown.
TD Buy Countdown Cancellation.
TD Buy Countdown Cancellation and Recycle Qualifiers.
TD Buy Countdown Recycle Qualifier.
Entering a Long Position.
Alternative Strategy for Entering a Long Position.
TD Buy Termination Count.
Frequently Asked Questions.
TD Sell Countdown.
TD Sell Countdown Cancellation.
TD Sell Countdown Cancellation and Recycle Qualifiers.
Alternative Strategy for Entering a Short Position.
TD Sell Termination Count.
Frequently Asked Questions.
Combining Time Frames for Additional Confidence.
Frequently Asked Questions about TD Sequential.
TD Sequential: Recommended Settings.
TD Aggressive Sequential.
2 TD Combo.
TD Combo Buy Setup.
Differences in Buy Countdown: TD Combo vs. TD Sequential.
TD Combo Buy Countdown.
TD Combo Version I: Recommended Settings.
3 TD D-Wave.
The Underlying Elliott Wave Principle.
Elliott Wave Basics.
DeMark's Mechanized Version of Elliott Wave.
The Time Aspect of the TD D-Wave Requirements.
Calculating TD D-Wave Projections.
The Ultimate Targets for TD D-Waves 5 and C.
Bear Market Price Projections.
TD D-Wave Frequently Asked Questions.
TD D-Wave: Recommended Settings.
4 TD Lines.
The Three TD Demand Line Qualifiers.
Calculating the Objective for a TD Demand Line Break.
TD Supply Line Qualifiers.
TD Lines: Recommended Settings.
5 TD Retracements.
TD Relative Retracement: Recommended Settings.
Recommended Settings for TD Absolute Retracement.
6 TD Trend Factor and TD Propulsion.
TD Trend Factor.
Frequently Asked Questions.
TD Trend Factor - Recommended Settings.
TD Propulsion.
TD Propulsion: Recommended Settings.
7 TD Oscillators.
TD Range Expansion Index (TD REI).
TD REI: Recommended Settings.
TD DeMarker I and TD DeMarker II.
TD DeMarker I: Recommended Settings.
TD DeMarker II: Recommended Settings.
TD Pressure.
TD Pressure: Recommended Settings.
TD Rate of Change (TD ROC).
TD ROC: Recommended Settings.
TD Alignment.
TD Alignment: Recommended Settings.
8 TD Moving Averages.
TD Moving Average I: Recommended Settings.
9 TD Range Projection, TD Range Expansion Breakout, and TD Channels.
TD Range Projection.
TD Range Expansion Breakout (TD REBO).
10 Short-Term Indicators: TD Differential, TD Reverse Differential, and TD Anti-Differential.
TD Differential.
TD Reverse Differential.
TD Anti-Differential Up Arrow.
TD Anti-Differential Down Arrow.
11 TD Waldo Patterns.
12 Putting It All Together.
13 Learning the DeMark Indicators.
Index.
"Having observed his market calls real time over the years, I
can say that Jason Perl's application of the DeMark
Indicators distinguishes his work from industry peers when it comes
to market timing. This book demonstrates how traders can benefit
from his insight, using the studies to identify the exhaustion of
established trends or the onset of new ones. Whether you're
fundamentally or technically inclined, Perl's DeMark
Indicators is an invaluable trading resource."
--Leon G. Cooperman
Chairman, Omega Advisors
"Tom DeMark, the man whose work inspired this book, is a
unique, interesting, and ofttimes iconoclastic technical analyst.
Simply put, he thinks about the markets differently from the way
you or I do. So why should you read this book? Because, having read
it, you will almost certainly think about the markets and technical
analysis differently."
--John Bollinger, CFA, CMT
www.BollingerBands.com
"Jason Perl is the trader's technician. DeMark Indicators are
a difficult subject matter, but Jason shows simply how the theory
can be applied practically to markets. Whether you're day-trading
or taking medium-term positions, using the applications can only be
of increased value."
--David Kyte, Founder
Kyte Group Limited
"Jason Perl has taken the playbook from the market's
John Wooden, Tom DeMark, and translated it engagingly in a format
that traders of all levels will appreciate. As one who has used
these indicators for more than twenty years, I too am appreciative
of Jason's clarity."
--Peter Borish
Chairman and CEO, Computer Trading Corporation
"Jason Perl has created a trading primer that will help both
the professional and the layman interpret the DeMark Indicators,
which I believe represent the most robust and powerful methods to
track securities and establish timely investment positions. Think
of DeMark Indicators as the Rosetta stone of market-timing
technology."
--John Burbank
Founder and CIO, Passport Capital
can say that Jason Perl's application of the DeMark
Indicators distinguishes his work from industry peers when it comes
to market timing. This book demonstrates how traders can benefit
from his insight, using the studies to identify the exhaustion of
established trends or the onset of new ones. Whether you're
fundamentally or technically inclined, Perl's DeMark
Indicators is an invaluable trading resource."
--Leon G. Cooperman
Chairman, Omega Advisors
"Tom DeMark, the man whose work inspired this book, is a
unique, interesting, and ofttimes iconoclastic technical analyst.
Simply put, he thinks about the markets differently from the way
you or I do. So why should you read this book? Because, having read
it, you will almost certainly think about the markets and technical
analysis differently."
--John Bollinger, CFA, CMT
www.BollingerBands.com
"Jason Perl is the trader's technician. DeMark Indicators are
a difficult subject matter, but Jason shows simply how the theory
can be applied practically to markets. Whether you're day-trading
or taking medium-term positions, using the applications can only be
of increased value."
--David Kyte, Founder
Kyte Group Limited
"Jason Perl has taken the playbook from the market's
John Wooden, Tom DeMark, and translated it engagingly in a format
that traders of all levels will appreciate. As one who has used
these indicators for more than twenty years, I too am appreciative
of Jason's clarity."
--Peter Borish
Chairman and CEO, Computer Trading Corporation
"Jason Perl has created a trading primer that will help both
the professional and the layman interpret the DeMark Indicators,
which I believe represent the most robust and powerful methods to
track securities and establish timely investment positions. Think
of DeMark Indicators as the Rosetta stone of market-timing
technology."
--John Burbank
Founder and CIO, Passport Capital
Jason Perl joined the Multi-Asset Sales Team at UBS in
June 2009 to identify turning points in markets for the Bank's
largest clients. He advises CIO's and Heads of Trading at macro
hedge and sovereign wealth funds as well as tactical asset
allocation teams on market timing, using the DeMark indicators
exclusively. Previously he was Global Head of Fixed Income,
Currencies and Commodities Technical Strategy at UBS. He joined the
group in 2000 and ran it from 2004-2009. Jason and his team
provided both short-term and medium-term trading strategies to
central banks, hedge funds, institutional investors and wealth
managers around the world as well as general and specialist
educational technical analysis training.
Prior to joining UBS, he was an independent consultant advising
proprietary desks and hedge funds on short-term trading strategies
as well as helping institutional investors with trading system
design and development. He was also a technical strategy adviser to
a number of large financial data vendors and a contributing editor
for Futures & Options World, FX & MM, Petroleum Argos and
the International Petroleum Exchange's (IPE), Pipeline Magazine.
Jason's area of technical expertise is the DeMark indicators, which
he has been using for the past nineteen years.
A portion of the proceeds received by the author for this
book goes to the Robin Hood Foundation. Robin Hood changes fates
and saves lives in New York City by applying investment principles
to charitable giving and supporting the most effective
poverty-fighting programs in all five boroughs of New York City.
For more information, go to: www.robinhood.org
June 2009 to identify turning points in markets for the Bank's
largest clients. He advises CIO's and Heads of Trading at macro
hedge and sovereign wealth funds as well as tactical asset
allocation teams on market timing, using the DeMark indicators
exclusively. Previously he was Global Head of Fixed Income,
Currencies and Commodities Technical Strategy at UBS. He joined the
group in 2000 and ran it from 2004-2009. Jason and his team
provided both short-term and medium-term trading strategies to
central banks, hedge funds, institutional investors and wealth
managers around the world as well as general and specialist
educational technical analysis training.
Prior to joining UBS, he was an independent consultant advising
proprietary desks and hedge funds on short-term trading strategies
as well as helping institutional investors with trading system
design and development. He was also a technical strategy adviser to
a number of large financial data vendors and a contributing editor
for Futures & Options World, FX & MM, Petroleum Argos and
the International Petroleum Exchange's (IPE), Pipeline Magazine.
Jason's area of technical expertise is the DeMark indicators, which
he has been using for the past nineteen years.
A portion of the proceeds received by the author for this
book goes to the Robin Hood Foundation. Robin Hood changes fates
and saves lives in New York City by applying investment principles
to charitable giving and supporting the most effective
poverty-fighting programs in all five boroughs of New York City.
For more information, go to: www.robinhood.org
