Demark arrow please explain
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Thread: Demark arrow please explain

  1. #1
    jiesnwahes
    Guest
    Can soneone please explain the Demark arrow what it's for
    and how it relates to the fractals

  2. #2
    jiesnwahes
    Guest
    This is your arrow photo and indior
    The other is a red star or something
    the celebrity and arrow are at the top right



    Quote Originally Posted by ;
    Never heard of DeMark arrow and I've followed his work for ten years.
    https://www.forexforum.co.za/attachm...1021723577.zip
    https://www.forexforum.co.za/attachm...2386029060.mq4
    https://www.forexforum.co.za/attachm...3333959147.zip

  3. #3
    I think that it might be marking what he describes as TD Double Retracement when a broad range bar that has gone up via two retracements zones (in this case 3) measuring from Dec 1st high to Dec 18th low. One would then expect a decrease that is what happened starting on the subsequent day Dec 20th although it did go up roughly 50 pips before falling for the past 3 days. This retracement equals 61.8% so perhaps it'll now bounce?

    End of year can be tricky though.

  4. #4
    Never heard of DeMark arrow and I've followed his work for 10 years.

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