For this to make total sense it has to be combined with volume delta. Falling OI in a down trend just means more longs are being closed than shorts opened. VD and CVD tells you the numbers. Only then do you know if you have recently opened trapped shorts that can pump the price. Without that you're guessing aren't you?
@@thecaptain3068 How can a course covering in depth trading education be detrimental? What would this guy showing you his PNL prove to you? How would you know his gains came directly as a result of the information in the course and how would you know it's just not photoshopped with whatever numbers he wants to insert? If you can't see the value in education when it comes to a complicated skill you are trying to master, especially one that involves money, and base your decision on whether or not to consume information on some testimonial or financial statement that are usually fake anyway, if you're afraid to spend some money on education and take a risk that it may or may not be helpful, but you'll take a risk with that same money in the market and then lose it because of your lack of knowledge, you'll always be part of the 90%. Winners do what most others are not willing to do. It's just that simple. They run the extra 5 miles while everyone else is at home still sleeping. They take the extra class even though it's not required to graduate. They pay to read books and take full courses while everyone else is scraping the free video clips on TH-cam to get only a small piece of the information they need to succeed. You can take this as an attack or as some good advice. Well see what you do. But the comment got my goat because it's one of many like it I've seen today.
If I sell calls, does that number get added to the open interest? And if so, how do I know the open interest amount was from someone who bought calls and someone who sold calls? Example: if I see that the open interest is 5000, was it from someone who bought 5000 calls or was it someone who sold 5000 calls?
OI analysis only applies in times when derivatives markets dictate price movements? Or are you assuming that derivatives rules low time frames movements and spot rules large time frame swings??
Dude is pumping his product, what's wrong with that? You're here because you want free information so you can make money, right? Is it okay that this guy tries to make some money too, or is he supposed to take the time to make these videos full of information I'm sure took him a long time and a ton of money to master for nothing? God forbid he bothers you with a few plugs for his trading course. The entitlement of some people is unbelievable.
So open interest is pretty much just short interest or does it depend on if the long vs short chart changes also ? Like does open interest just mean new positions short or long or is it only short
What is BTC/PERP??? PERPETUAL is no currency and it also is not a coin!!! This makes 0 sense!!! Why is the pair not called BTC/BITMEX??? That would make just as much sense as BTC/PERP!!! WTF is PERP????
Because it's not a pair, it refers to the futures contract. Perpetual means the contract does not have a finite close or ending date/time yet stays open perpetually.
For this to make total sense it has to be combined with volume delta. Falling OI in a down trend just means more longs are being closed than shorts opened. VD and CVD tells you the numbers. Only then do you know if you have recently opened trapped shorts that can pump the price. Without that you're guessing aren't you?
Hello sir ! Have you made any improvement in trading yet?
Open Interest is God. Great vid Bennet :)
May I know which indicator is that on trading view open interest ?
Look up ‘Leviathan open interest’ on TradingView it’ll pop up
best explanation every
Bought the course, this guy is a genius! Recommend.
show us your PNL ?????
@@thecaptain3068 How can a course covering in depth trading education be detrimental? What would this guy showing you his PNL prove to you? How would you know his gains came directly as a result of the information in the course and how would you know it's just not photoshopped with whatever numbers he wants to insert?
If you can't see the value in education when it comes to a complicated skill you are trying to master, especially one that involves money, and base your decision on whether or not to consume information on some testimonial or financial statement that are usually fake anyway, if you're afraid to spend some money on education and take a risk that it may or may not be helpful, but you'll take a risk with that same money in the market and then lose it because of your lack of knowledge, you'll always be part of the 90%.
Winners do what most others are not willing to do. It's just that simple. They run the extra 5 miles while everyone else is at home still sleeping. They take the extra class even though it's not required to graduate. They pay to read books and take full courses while everyone else is scraping the free video clips on TH-cam to get only a small piece of the information they need to succeed.
You can take this as an attack or as some good advice. Well see what you do. But the comment got my goat because it's one of many like it I've seen today.
how would you interpret higher OI in call or put strikes in an option chain
I think if you did the 'replay' function rather than looking at trades that have played out, it would be more reliable, and organic? :-)
How do you tell that the OI is trapped shorts or shorts vs longs?
check my reply to @orenda
Which OI indicator is this can someone tell me ?
your great mate
If I sell calls, does that number get added to the open interest? And if so, how do I know the open interest amount was from someone who bought calls and someone who sold calls? Example: if I see that the open interest is 5000, was it from someone who bought 5000 calls or was it someone who sold 5000 calls?
It can go higher if a lot of people sell too, too know why it went higher use a long short ratio
You talk about OI increase or decrease on call or put side?
OI analysis only applies in times when derivatives markets dictate price movements?
Or are you assuming that derivatives rules low time frames movements and spot rules large time frame swings??
Well open interest provides a wonderful look at prices at which billions of USD worth of contracts are being opened/closed. That is invaluable data.
How do I get the open interest indicator, I can’t find it
Link is in description
Great stuff. Thinking of buying your course.
How can we get access to OI data? trading view does not OI data for all alt coins.
trdr or coinalyze.net/futures-data/
Also TradingLite
What indicator is it? Where can we find it?
Does this and LRA work on higher time frames like 4 hour and daily?
Absolutely.
can be used for currency pairs??
Only if they're futures.
Would you agree that there is an average % range where traders become trapped?
yep
You mentioned your trader course more than 5 times in 10 minutes.
Dude is pumping his product, what's wrong with that? You're here because you want free information so you can make money, right? Is it okay that this guy tries to make some money too, or is he supposed to take the time to make these videos full of information I'm sure took him a long time and a ton of money to master for nothing? God forbid he bothers you with a few plugs for his trading course. The entitlement of some people is unbelievable.
youre trying to make money off of him yet are upset at him trying to make money off of you.
BOOM!!!
9:00
Summarize ... RECAP
So open interest is pretty much just short interest or does it depend on if the long vs short chart changes also ?
Like does open interest just mean new positions short or long or is it only short
it's for both long and short
What is BTC/PERP??? PERPETUAL is no currency and it also is not a coin!!! This makes 0 sense!!! Why is the pair not called BTC/BITMEX??? That would make just as much sense as BTC/PERP!!! WTF is PERP????
Because it's not a pair, it refers to the futures contract. Perpetual means the contract does not have a finite close or ending date/time yet stays open perpetually.