I once asked David Hirschfeld, who was Tudor's research director at the time, whether they were finding any of DeMark's stuff useful. He laughed, and said that his indicators were valueless and that DeMark himself appeared to suffer from Logorrhea. And that DeMark was no longer employed by Tudor, for those specific reasons.
Tom Demark Sequential Indicator
- Thread starter chiefraven
- Start date
I cannot prove why demark stuff is anything better than Jim Cramer Mad Money. If you belive Demark because the media tells you he worked for the best financial guys out there, then it is nothing better than you believe in Jim Cramer because he is in CNBC and you believe watching CNBC is how should someone gets rich in the market.
So TD Sequential no longer works does it. No, never happen. Useless, hyped. 
Well then how about once again a 5min ES chart not once but twice in the overnight globex session - a sell and then a buy. I guess RSI divergences/reverse divergences don't work either ? Confirming TD Seq.
Are these techniques infallible or the holy grail. No, but DeMark never claimed there are. Just another trading tool.
Testing proves .......... that something or someone passed a test. Nothing more.
Believe it or I have used TD Seq for over a decade winning and losing (more of the former) with real, not demo money, on the line.
Well then how about once again a 5min ES chart not once but twice in the overnight globex session - a sell and then a buy. I guess RSI divergences/reverse divergences don't work either ? Confirming TD Seq.
Are these techniques infallible or the holy grail. No, but DeMark never claimed there are. Just another trading tool.
Testing proves .......... that something or someone passed a test. Nothing more.
Believe it or I have used TD Seq for over a decade winning and losing (more of the former) with real, not demo money, on the line.
Why don't you make a couple of calls instead of this hindsight bullshit
I've worked with TD Sequential, Combo for a few years too....read both Demarks New Market Timing and Perl's Demark Indicators (in fact I'm looking at them right now)....even created my own custom Demark indicators.
The signals don't work as well as you claim......ask Robert Weinstein
In fact, you can't even use them profitably off-the-shelf if you followed the instructions in any of the aforementioned books.
all I'm saying is don't try to portray the Demark indicators as the greatest thing since sliced bread because they don't work by themselves
So then you read Perl's response to the question of backtesting - on page 48?
You did see I said they were not infallible. And although 5 for 5 is a good run at the moment it will not lose again. And again, just like anything else.
Note: the indicators I have are DeMark's (bought directly in '97)and not some hacked/hashed out net versions, which may or may not be true to his design.