There's no such thing as round levels , instead:
1) You open the option chain of given vehicle;
2) You notice the step between the strikes that have significantly higher volume/OI than the other ones;
3) for example on ES dem would be xx50.00 and xx00.00;
Without further analytics of the option chain, the very general rule is that these levels usually stop &...
Intro
So called "value" or fair price is like limits in math, can be infinitely approached but never reached. We can model it, anticipate it, imagine it , but it doesn't make it real. In double/dual auctions fair price is an idea.
We can surely say that some prices are too cheap and too expensive, these are real levels that can proved with evidence. The only...
Can't explain this 4 real until I explain how to properly locate levels & distinguish buying & selling waves. I KNOW I'M MESSING UP WITH ORDER OF INFO SUPPLY, SORRY.
Still...
Pretty soon you'll understand that 3393.52 and 2191.86 are the levels, and there's one buying wave between em.
Point 1 is the wave start.
Point 2 is the wave end.
When 3393.52 get...
Imaginary levels are used when there’s no alternative, but a decision has to be made. We need something to "snap" to.
No, these are not the binary levels like 512, 8912 or 65536 that I'm sure a lot of funny people are hiding or present as super secret, lol no.
When there's truly nothing else and just the empty medium, we take partition function, give her all the...
