The New Science of Technical Analysis

Unlike other technical analysis books, which focus on head-and-shoulders and other patterns and simple things like moving averages, DeMark's "New Science" book provides the reader two valuable things: 1) ready-to-implement technical indicators that can be programmed (assuming you have access to the necessary data), and 2) ideas for further research. My personal experience is that I haven't made any money using his indicators. For example, the Sequential indicator used to work but after the Internet bubble I've lost money with this indicator. But it did give me some ideas and made me look beyond things like double bottom which are even less reliable, not to mention difficult to implement.If you are into trading system building and/or using formulas to create indicators, this is a must-read.

TD suppy and demand lines. If I only knew before the rules for trendlines I would have save a lot of time and wasted effort. I can't comment on this book past chapter #1 as I've not gone any further. However, this book is worth the purchase many times over just for the proper explaination of trendlines. As this book was recommended to me for the first 2 chapters, I will also recomend it if only for the first. Before I could look at the same chart of a currency pair and "see" different trend lines. Oh, I think that is one. But now I will look at the same chart and see the same trendlines every time. This goes a long way to making trading a repeatable, measurable proccess... essential to success.

For those who are new to trend-lines, or are having difficulty in drawing trend-lines in your trading, then consider Tom DeMark's take on trend-line drawing. Tom lays out simple to follow rules for drawing trend-lines, and also categorizes trend-lines based on their importance. You probably will not need all of the information in the book. But since trading has no real rules, take what you find is useful and file away the rest.This is not a massive volume, easy to follow, with plenty of photos to follow allowing with.

If you want to learn technical analysis, this is a great place to start. It covers analysis of charted assets in a level of precise detail that other sources I've seen do not. Many of the tools in this book were developed by Tom DeMark himself, and are time tested on Wall St. over decades, so they are reliable methods.

Great price

still on the fence

This book is written in a difficult way to understand. I have read over a 100 books on the market and this one doesn't explain how he arrives at conclusions.Roger

I found it very interesting. The way that Mr. Demark is very different of everything that I read. I recommend this book

Excellent!!!

Interessante testo scientifico. Un po' difficile la lettura, ma sicuramente un testo da leggere, rileggere, masticare e digerire con calma