Using Implied Volatility And Volume by Scott Castleman
ARTICLE SYNOPSIS ...Using Implied Volatility And Volume by Scott Castleman
Construct a trend-following system that adjusts to
current market conditions.
Traditionally, technicians have relied
on historical prices to analyze the market.
They have created many different
indicators to predict the direction of
prices by basing their calculations on
past data. However, these indicators may fail to work
prospectively when markets do not repeat their historical
patterns. Thus, using these indicators to forecast
market direction is like trying to drive a car by
looking in the rearview mirror. Any change in the