COTs Timer: Tom DeMark Indicators 101

Wednesday, 28 October 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.

3 comments:

jesuscheung said...: Hi COTs Timer! I use this indicator myself for months now. I think it is very good. Have you tried to apply this indicator to COT data?; 30 October 2009 at 12:46
Alex Roslin said...: I've thought about it, but never tried. Good idea!
Alex; 30 October 2009 at 17:54
Maumaj said...: I heard of DeMark thanks to you, in early 2009 and use it constantly. Your recent article made me realize I was omitting a few minor elements that will probably make a difference.

The best site I had found was The Daily DeMark by Daniel Patterson but one day the site was closed without prior notice. I've searched to find out what had happened but to no avail. I sure would like to see Daniel back on line. I hope he is well.

I appreciate your work and take your research into account on all my investment decisions. Thank you for sharing,

Maurice.; 30 October 2009 at 19:45

Post a Comment

About This Site

I am an active trader and award-winning investigative journalist based in Lac Brome in Quebec's Eastern Townships, just outside Montreal. I have written about investing and business for The Montreal Gazette, Investor's Digest of Canada, Technical Analysis of Stocks & Commodities, Futures & Options Trader, The Financial Post and others. I am not a certified financial advisor and am still refining my COTs Timer system. Please see more disclaimer information below. See my complete profile at the "Intro to COT" link above.

DISCLAIMER

I created this blog to record my personal, subjective observations about the markets, solely for my entertainment and that of interested readers and to foster research. Nothing on this blog should be construed as financial advice or an offer or recommendation to purchase or sell any security. I encourage anyone interested in the markets to do your own homework and/or consult a professional advisor. I am not a certified financial advisor and am still refining my trading system. I reserve the right to modify or stop publishing aspects of my system at any time or to delay updating my tables for whatever reason, or I may not do so in a timely manner. My system has resulted in very large drawdowns in some trades. Past backtested and real-time results are no guarantee of future performance. I will not be liable for any losses or damages of any kind that result from the content of this site. Although I consider the data, calculations and information on this blog to be reliable, I can't make any guarantees and won't be held liable or responsible for anything erroneous on this website. You are solely responsible for implementing safeguards of your data and system when you use this site and its content and links. It is up to the user of this site and content to protect yourself from worms, trojan horses, viruses and the like. I may hold positions in some of the securities mentioned in this blog.