Contrarian Trading Using DeMark Indicator

This month on #TechnicalTuesdays I sat down with my friend Tommy Thornton.  Quick background on Tommy, he was a portfolio manager, senior trader and technical analyst with Level Global Investors and Galileo Capital.  He currently writes a daily market note for a select group of hedge fund managers & independent traders with a focus on market sentiment & DeMark Indicators.  In this post Tommy & I discuss his contrarian style of trading & why he uses DeMark Indicators to execute his strategy.  We chatted about using confirmation indicators to help with his execution & he shares with us his process for entering and exiting trades using DeMark Indicators.

Before you listen to the interview with Tommy I want to mention the Technical Analysis Guide by RJO Futures. I have it downloaded on my desktop and it’s a great resource for the basics of technical analysis.  If you’re interested in learning about the basics of technical analysis or if you’d like to have a solid resource on the basics of TA I highly recommend you download this free pdf (Click Here to download)

Guest:

Tommy Thornton

Founder of Hedge Fund Telemetry

Record Date:  10/30/18

httpss://www.youtube.com/watch?v=SUh1Kq0q-Sk&feature=youtu.be

  1. Trading a Contrarian Style
  2. Tommy’s Edge Using the DeMark Indicator
  3. Time Frame & Settings for DeMark Indicator
  4. Confirmation Indicators for Contrarian Trading
  5. Process for Entry & Exits using DeMark Indicators

Charts From This Conversation:

———————————————————————–

Tommy Thorton’s Resources:  

Twitter 

Website

———————————————————————–

Technical Analysis Guide by RJO Futures

www.FuturesRadioShow.com

You Might Also Like

The Basics of Futures Trading

Are you interested in Futures Trading? If so, start by learning the basic definition of futures as shared by Investopedia: Futures are derivative financial contracts

Read More »

The Grab Candle Indicator

This month on #TechnicalTuesdays I sat down with my friend Raghee Horner.  Raghee is the Managing Director of Futures Trading at Simpler Trading.  In this

Read More »