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I have been having some success with some of the indicators used by
Tom Demark, notably his method for drawing trend lines. I have found
them to be pretty precise as to determining entry points contra trend
within an established trend. I trade futures...so it might be a bit
different for stocks. However his systems such as Sequential etc
havent been as helpful.
What I like about Demark's indicators is that even if you just read
the book and not use the indicators, he gives you a sense of how the
market acts which then can be used by you to develop systems.
Hope this helps
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