Hey Srezz, Do you have a formula you use for implied volatility, along with inputs, that you could share to determine these targets? Thanks for all of these, just trying to catch up a bit so I can do some of this on my own. lol
Hey Srezz, Do you have a formula you use for implied volatility, along with inputs, that you could share to determine these targets? Thanks for all of these, just trying to catch up a bit so I can do some of this on my own. lol
It's not just a formula. It's trendline/break-line drawing technique developed by Tom DeMark
https://www.amazon.com/New-Science-Technical-Analysis/dp/0471035483
Thank you. I'll read through it. Most of what I had previously found by googling for the info were various methods, most pertaining to options, which didnt seem to fit this type of trading, so hopefully this clarifies the techniques involved. Thanks again.
that's an expensive frickin' book!!!