The Setup phase identifies a short-term momentum shift. It requires a specific consecutive price count.
consists of a 9-count setup and a 13-count countdown. TD Lines provide systematic support and resistance levels.
It requires stricter price conditions (e.g., specific bar lows/highs relative to previous bars) to identify high-probability reversal zones. New Market Timing Techniques PDF by Tom DeMark trading tom demark new market timing techniquespdf google
If the trend survives the Setup phase, the TD Countdown begins. This phase measures larger macro-exhaustion. The Countdown requires .
A completed "perfected" 9 count, followed by a 13 count, suggests a high-probability reversal point. 3. TD Combo: The Advanced Indicator The Setup phase identifies a short-term momentum shift
If you have the PDF, focus your reading on and TD Lines first. These two concepts alone can transform a discretionary trader into a systematic one.
If you are looking for practical, day-to-day application, I can help you set up these indicators on your charting platform. TD Lines provide systematic support and resistance levels
Drawn between two high points.These lines provide a definitive breakout or breakdown signal. 4. TD DeMarker
To appreciate the book, you must first understand the author. Tom DeMark is not a television pundit or a weekend trader. He is a veteran market technician whose career spans over five decades. He has been an executive vice president of Tudor (Paul Tudor Jones's fund), a special advisor to Leon Cooperman, and a consultant to some of the world's largest financial institutions. His indicators are designed not for retail hype, but for institutional precision. They focus on objective, systematic rules to gauge when a market is "exhausted"—ripe for a reversal.