This is a new book which hit the market just last month. It goes in to details about DeMark trading methods.Tom DeMark method is basically based on identifying buying and selling zones. He uses price exhaustion to identify such zones. TD Sequential and TD Combo are the two best known methods for this. They identify countertrend entry points and beauty of the methods is they give you a low risk entry in to possible start of a new trend. He has a wide following and Paul Tudor Jones is rumored to be great fan of his methods.
Tom DeMark wrote two books about his methods:
- The New Science Of Technical Analysis
- New Market Timing Techniques
While his method are logical and make great intuitive sense, they are difficult to interpret and his writing is not very clear. This new book explains his methods in greater details and offers some more pointers to making them work. While the book is vast improvement over DeMark own books, it is still not very clear. But for those interested in DeMark methods, this book is welcome new addition.