Hi,
there is perfect Tom Demark daily buy setup!
Tom Demark setup start to count after bearish price filp (blue arrows-close greater than close 4 bars (candles) earlier immediately followed by close less than 4 bars (candles) earlier (red arrows).
A TD buy setup is if there are 9 consecutive closes each one less than corresponding four bars (candles) earlier. Perfect is when low of bars 8 and/or 9 is lower than bars 6 and/or 7....so this is perfect setup!
I saw lot of times that price after perfect setup in next bar make make new low (or high) and after that it changes direction so you can expect that as well but prefer today to be the low.
TD indicators are not perfect but i find them more reliable than others...Of course there are failures but dont expect it this time. But, this is my research and not investing advice so be careful.
there is perfect Tom Demark daily buy setup!
Tom Demark setup start to count after bearish price filp (blue arrows-close greater than close 4 bars (candles) earlier immediately followed by close less than 4 bars (candles) earlier (red arrows).
A TD buy setup is if there are 9 consecutive closes each one less than corresponding four bars (candles) earlier. Perfect is when low of bars 8 and/or 9 is lower than bars 6 and/or 7....so this is perfect setup!
I saw lot of times that price after perfect setup in next bar make make new low (or high) and after that it changes direction so you can expect that as well but prefer today to be the low.
TD indicators are not perfect but i find them more reliable than others...Of course there are failures but dont expect it this time. But, this is my research and not investing advice so be careful.
