Finding Tops and Bottoms Using the N.Y.S.E. Tick Index

Tim will introduce you to a new technical trading tool using the tick index on the N.Y.S.E.. The basic formulas and rules will be shown on the following pages. All traders will find his tick index technique useful for signaling turning points in the market. He used this trading technique in the Option Division atThe United States Trading Championship in 1988 in which he placed fourth nationally.

His N.Y.S.E. tick trading method will help you to stay on the right side of the market. His basic philosophy on the market is that the "market unwise majority fund the market wise minority". The tick index on the N.Y.S.E. measures buying and selling pressures of the "market unwise majority", which Tim uses as a contrarian indicator. Tim will show you how to find tops and bottoms signals, combining the tick index on the N.Y.S.E. and candlestick charting.  

The Most Important Trading tool the "Tick Index"

Examples of Buy Signals Using the "Tick Index" method

Rules for defining a sell signal using the "Tick Index

Variation of a buy signal using the "Tick Index" and "Candlesticks"

Rules to watch for when trading with the "Tick Index"