Tom de mark sequential monitor for nifty50 stocks

[paappy]

Vivekji, Please check the TD marking in LICHSGFIN (Daily) chart.

The Buy Setup in August completed CD 13 in september, but resulted in only retracement.
Another Buy Setup gave in Nov 2nd, which is active now (true range 77) over latest Buy setup on 5th Dec. (true range 46).

The active TD finished CD 11, and combo 12 on 6th Dec.
Can we apply terminal count in Combo also ? (if so 7th Dec gave a buy signal??)

Regards,

 

[paappy]

Vivekji, How strong is weekly TD signal over daily signal ? Can we use it for positional trading?
(considering it's large SL). Can we combine Weekly and Daily chart for better entry?

Weekly MCX India Ltd. chart completed CD 13 on week ending 24th Nov.

In daily chart, it has completed combo 12 and CD 11 (without intersection, CD 9 with intersection) (if my markings are correct) before
giving current upmove (3 positive close).

Regards,

 

[vivektrader]

Vivekji, Please check the TD marking in LICHSGFIN (Daily) chart.


View attachment 23579

The Buy Setup in August completed CD 13 in september, but resulted in only retracement.
Another Buy Setup gave in Nov 2nd, which is active now (true range 77) over latest Buy setup on 5th Dec. (true range 46).

The active TD finished CD 11, and combo 12 on 6th Dec.
Can we apply terminal count in Combo also ? (if so 7th Dec gave a buy signal??)

Regards,

According to my count, we are at CD12 in sequential and combo, although December 7 candle can be considered as terminal 13 for combo (it's not in actual DeMark theory though), as both are at 12, it might be prudent to get a proper 13 in atleast one or both (even better).
You may redo markings in sequential, if there is still a confusion I will post a marked chart

Vivek

 

[vivektrader]

Vivekji, How strong is weekly TD signal over daily signal ? Can we use it for positional trading?
(considering it's large SL). Can we combine Weekly and Daily chart for better entry?

Weekly MCX India Ltd. chart completed CD 13 on week ending 24th Nov.
View attachment 23580

In daily chart, it has completed combo 12 and CD 11 (without intersection, CD 9 with intersection) (if my markings are correct) before
giving current upmove (3 positive close).

View attachment 23581
Regards,

In daily chart, according to my data, intersection took place on 15/11/17, so that should be CD1, following which we are at CD9 on 6/12, and CD 11 without intersection.
For combo, we have completed 12. Both your markings are correct.
Sometimes, an impending cd 13 is jumped and an upmove starts without completed 13, we can't do anything about that, and have to let go.
Weekly signals are even stronger than daily, best would be that if 13 is completed on weekly, we enter when a daily also completes 13 in the same direction, there we can enter for a bigger swing on a smaller time frame with a smaller stop loss based on daily.


Vivek

 

[vivektrader]

We completed buy CD13 and combo13 in Lichousing finance today.

Vivek

 

[paappy]

According to my count, we are at CD12 in sequential and combo, although December 7 candle can be considered as terminal 13 for combo (it's not in actual DeMark theory though), as both are at 12, it might be prudent to get a proper 13 in atleast one or both (even better).
You may redo markings in sequential, if there is still a confusion I will post a marked chart

Vivek

Yes, you are correct. I was taking qualifier CD 12 close < CD 11 close. I think I should take both with & without qualifier.

Regards,

 

[paappy]

Vivekji,

Shakti Pumps daily chart completed Buy Setup CD 13 and combo 12 on 14/12/17.

How do you view this setup? after CD7 it was in range, touching 417-414 level 3 times. Is there any way
to calc a confidence level for TD setup or all are treated same.

Regards,

 

[vivektrader]

Vivekji,

Shakti Pumps daily chart completed Buy Setup CD 13 and combo 12 on 14/12/17.

View attachment 23644

How do you view this setup? after CD7 it was in range, touching 417-414 level 3 times. Is there any way
to calc a confidence level for TD setup or all are treated same.

Regards,

As per the system there is no provision to calculate confidence levels.
However following points if present can increase the probability of successful trades:
1. Where a cd 13 arrives after an extended correction rather than consolidation.
2. Qualifiers such as close 13<12<11.
3.After a completed buy CD13, a positive close comes the very next day.
4.The entire countdown which is part of a correction of a major uptrend (which is largely intact).


Vivek

 

[manoj2012]

We completed buy CD13 and combo13 in Lichousing finance today.

Vivek

Vivekbhai ....

the up candle comes after 3-4 days and also not a very large green candle ..........

what does it implies ........

....... any trades ....??

 

[vivektrader]

Vivekbhai ....

the up candle comes after 3-4 days and also not a very large green candle ..........

what does it implies ........

....... any trades ....??

Nevertheless, the stop-loss is still intact and the positive candle appeared in the region where it should have been in the first place, so I am long in it.

Vivek