Wednesday, October 28, 2009
Tom DeMark Indicators 101
Faithful readers have seen me mentioning analyst Tom DeMark and his interesting trading indicators. If you've ever wondered about his system but weren't sure how it works, check out this story I did in the November 2009 issue of Stocks, Futures and Options Magazine. I first read about DeMark on trader and money manager Steven Vita's excellent AlchemyOfTrading.com site. (Also see his free blog here.) Thanks, Stephen! I use some of DeMark's indicators - particularly his TDST support and resistance lines - extensively in my discretionary trading. Hope you're faring well this week, and see you back here Friday with a Commitments of Traders update.