Interpretations of Open Interest

Today's video covers various interpretations of open interest and ways in which you can use it simply to achieve high probability results. The platform I am using for analysis is TRDR.io. Additionally, in the future, I will be solely posting on Friday instead of doing videos every Tuesday and Friday. Happy trading.

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Disclaimer: The content covered in this video is NOT investment advice and I am not a financial advisor. The material covered within these videos is for educational purposes only. Always do your own research and only invest based on your own findings and personal judgment. Happy Trading!

[TheNelster]

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?

[loganrea]

Open Interest is God. Great vid Bennet :)

[mr.pop-it]

Bought the course, this guy is a genius! Recommend.

[chetanthakur]

May I know which indicator is that on trading view open interest ?

[レモン-eh]

I think if you did the 'replay' function rather than looking at trades that have played out, it would be more reliable, and organic? :-)

[NandoCamek]

how would you interpret higher OI in call or put strikes in an option chain

[zackj]

How do you tell that the OI is trapped shorts or shorts vs longs?

[mikemartin]

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?

[hermestris]

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??

[chrisx]

How do I get the open interest indicator, I can’t find it

[harris.M]

How can we get access to OI data? trading view does not OI data for all alt coins.

[thegreatkoorosh]

What indicator is it? Where can we find it?

[goblinmoblin]

Great stuff. Thinking of buying your course.

[NandoCamek]

You talk about OI increase or decrease on call or put side?

[joebrannon]

Does this and LRA work on higher time frames like 4 hour and daily?

[samirpokharel]

Which OI indicator is this can someone tell me ?

[danielrafique]

Would you agree that there is an average % range where traders become trapped?

[jayfosho]

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

[dmitry]

You mentioned your trader course more than 5 times in 10 minutes.

[thegreatkoorosh]

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????