Beamer Dog
My blogs
| Location | Atlanta, GA |
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| Introduction | I believe TA and EWT are important but as a whole, they can be a bit complicated for the average trader. Even the best chart readers can get confused and disagree on trends, wedges, resistance, etc. This is due to micro-analyzing the charts. I like charts for a longer term view to identify longer term trends a week or a month from now.
I have researched the VIX and market volatility, understanding trends, historical values, and its calculation. This has helped me be more confident in my trades and avoid risky situations. The VIX helps identify corrections and combined with TA, can help avoid being on the wrong side of a reversal. The VIX is best at identifying reversals in advance. I offer my opinions here based on how I see the VIX in combination with other market indicators. |