GBPCHF - Staying on the Sidelines — image GBPCHF Since breaching the daily BAT resistance level last week the bulls have regained a share of this market. However, with the bears remaining in full control of the weekly timeframe unless the ...

DeMark TDST Trading

EURUSD - Staying on the Sidelines — image EURUSD This pair remains in control of the bulls on both the daily and weekly timeframes but at current levels is lacking follow through. I would need to see a move to the 2nd daily fibonacci target ...

DeMark TDST Trading

EURJPY - Staying on the Sidelines — image EURJPY Nothing has changed here as far as I'm concerned. Until we test the daily TDST support at 130.63 or breach the lower BAT support at 129.42 I will remain on the sidelines. As I said before ...

DeMark TDST Trading

EURGBP - Staying on the Sidelines — image EURGBP The bulls and bears are fighting this one out with no clear winner yet. The price is right between the lower BAT supprt which was broken and the upper BAT support situated at 0.9155. With the ...

DeMark TDST Trading

Hi Winston, As I mentioned earlier I am building up positions for longer-term targets. The stop here is only 20 pips I would guess that should we make a move to that level again it will challenge my stop. I will book partial profits at the 145.77 ...

DeMark TDST Trading

AUDUSD - Still looking to sell — image AUDUSD The daily picture is still the same for me, as is often the case after a large sell-off we get a retracement on the Monday but we have now lost over 100 points from the highs of yesterday and I ...

DeMark TDST Trading

GBPJPY - Stoploss moved — image GBPJPY I am happy with how this trade has developed therefore I have moved the stoploss to breakeven. This was a nice entry with only 20 pips risk and as I just mentioned we had two attempts to go short ...

DeMark TDST Trading

Hi Tazzam, I didn't take the AUDUSD trade in my last post, I just used it as an entry example to explain how I am looking into changing my money management approach to also book some shorter-term profits. Generally I try to trade with the trend ...

DeMark TDST Trading

Money Management Idea — Thought I would post something I mentioned in my last post to explain a little more. The first picture is of a nice setup in AUDUSD tonight, there was a nice bounce at the TDST support giving a nice trade with only 11 ...

DeMark TDST Trading

Currently I am looking to build up shorts for a 125.33 target taken from the daily chart. If you look at my daily analysis you will see my targets. If I can build up several positions for each setup on the daily chart the reward will be great. I do ...

DeMark TDST Trading

GBPJPY - Short at 148.10 Stoploss at 148.30 — image GBPJPY GBPJPY has failed at the previously mentioned TDST resistance level of 148.18 so a short position has been opened. image Cheers Foggytrader

DeMark TDST Trading

From what I can see you are on a 1 hour chart and your entry is the bar after a nine count is complete. When a nine count occurs the market is said to be exhausted in that direction and it is expected to retrace somewhat. Therefore, the entry you ...

DeMark TDST Trading

Thanks FXSnipe, Hopefully I can help others learn the power of DeMark. Although today is not the best advertisment with two stops out of two so far, but that is trading. Any input is more than welcome, Cheers Foggytrader

DeMark TDST Trading

USDCAD - Long at 1.0575 Stop at 1.0557 — image USDCAD The bears are staging a strong comeback here but this was a valid entry which agree's with my longer-term outlook, therefore I am now long at 1.0575 stoploss at 1.0557. image Cheers ...

DeMark TDST Trading

I use two MA's for GBPJPY. I apply a 60 day SMA (60 period to the close on a daily chart) and a 55 week EMA (55 period exponential to a close on a weekly chart). The 60 day SMA has often been the trigger for large movement in GBPJPY on the daily ...

DeMark TDST Trading

GBPUSD & GBPJPY - Levels to Watch — image GBPUSD - Buy a bounce/failure at the 1.6529 TDST support level image GBPJPY - Sell a bounce/failure of the 148.18 TDST resistance Level Cheers Foggytrader

DeMark TDST Trading

Well there is still room to the 148.02 (60 day SMA) and the number 1 TDST resistance level at 148.18 so we may have to wait for a retest of this area before we get a successful entry. Cheers Foggytrader

DeMark TDST Trading

USDCAD - 4 Hour Observation — image USDCAD I am posting the below picture to illustrate how the DeMark system can be used very well on any timeframe. The picture shows the recent 4 hour activity on the USDCAD. As we can see we got a nice ...

DeMark TDST Trading

GBPJPY - Sell Position Taken — image GBPJPY As spotted by the SpecialOne, GBPJPY has now hit and failed at the TDST resistance level of 147.61 made during Fridays session. A sell position has been taken with 28 pips risk. image Well ...

DeMark TDST Trading

The only time we take a sell is when we get a touch/failure of a TDST Reistance or Support level. When we get a close below the TDST support level on the initial touch bar the setup is void. We MUST see some sort of reaction at the TDST levels then ...

DeMark TDST Trading