I have an idea. we can use TRDR's "long / short ratio" indicator to know exactly which side is trapped when interest increased. Also we can use volume side delta to know if the support/resistance area is consuming taker's buy/sell or not. Am I right? what's your thought? Please make a video about this if you found this idea interesting. Thanks for your hard work.
@@samuelmaucaille702 He thinks - correctly - that trapped traders can form a support or resistance zone along the region they get the opportunity to escape.
When I started watching your videos last week I had my system down to 5 steps, tactics. Since then, its still the same. Now, I can analyze trapped traders and trade accordingly. I found this channel because of the 1s scalping video.. lol. I am a 15s15min . Thanks for putting this content out. Ive been reading a LRA pdf as-well. Once i'm done with classes ill be in the paid group.
You are 100% right in how to read open interest. But you are wrong in how you explain open interest. When you open 10 new contracts long or short OI rises with 10 and when you close 5 of your opened contracts. OI is going down with 5. OI is just the cumulative number of open contracts. So when OI rises with 10. It just mean 10 more contracts where opened then closed during that period. It is not = 10 new longs and 10 new shorts were opened as you explain it. So to simplify it you should look at it like this: Price up vs OI up = new longs Price down vs OI down = longs covering Price down vs OI up = new shorts Price up vs OI down = shorts covering
and he didn't adjust the factor of big players vs the market - not all positions of big players influence the market as a whole in some cases , big win when traders sense the market momentum and set up trades accordingly.
You are so young and so knowledgeable, your videos are we explained and high tech.I mainly use classic technical analysis not indicators. Your open interest video is a great explanation of how to predict future price movements.Keep up the grest content, you deserve great success.
This ignores the possibility of absorption. Price going up or down isn't enough to draw firm conclusions on whether longs or shorts are being opened there. The price change isn't big enough. Price can go down even when many more longs are opened than shorts.
If perpetual futures are cash settled, how do they affect price? Or do they not and the idea is that they are a good indication of what the spot market is doing? When you compare L/S ratios among diff exchanges, they're all over the place. For instance, everything else will be 55/45 approx and one or two will be between 4-20%. Today, within an hour Kraken, Bitfinex, and Bitmex were wildly opposing 7 other exchanges (and not for just 10 seconds, either. They stick like that for 5-10 minutes at a time). Meanwhile, the price charts of all 10 were nearly identical. Just trying to make some sense of how they'd be affecting price if there's no sudden influx of supply or demand due to large number of expirations. Naw mean?
Could an increase in OI just be net longs or net shorts (as market makers take other side of contract instead of 1:1 new longs/new shorts)- may change how this strategy works
How do you get the open interest pane in tradingview? I have a pro account, but can't see any options or anything indicators to enable it - even on perp futures
incredible usefull video! Where did you get your knowledge from? I've been reading a book last couple of days, but this small video was more helpfull then reading for hours
so i order your course expecting that you talking about open interest instead a whole bunch of text. i'm not expecting that. you have video in your course that teach from the basis ground up about open interest?
Some crypto influencers do make a video on which coins or tokens that have a great fundamental. IMO that is also great but people still need to do their own research first
DYOR is also important indeed. Because people have their own opinion like what I did with KSM Starter I personally think that it is a very promising project
BTC for $75K by end of this year& Control of The Currency is already Decentralised And now the China disruption would simply Decentralise the Mining setup for the better
only one, each exchange has its own, they are similar to each other but slightly different if you want to look at all exchanges at the same time - look for aggregated OI
why do we just lump longs and shorts together. can we not learn more from keeping them seperate. i am still not getting the basics. i cant stand where he has put his facecam covering stuff people are intrested in go top righr . thanks for the effort
Wow I' m just shock someone mentioned expert Mrs Jane I thought I' m the only one trading with her.....,.She helped me recover what I lost trying to trade my self
Yes I' m also a living testimony of expert Mrs Jane........Mrs Jane has changed my financial status for the best.all thanks to my aunty who introduced her to me
In the first example, OI was going up as the price was decreasing...that isn't 'trapped traders' that is shorts adding and eventually price dumping.
I've watched this about 5 times now, thanks so much
This makes a lot of sense. You're the man appreciate it
Bennet, more of this stuff please... Love it!
I have an idea. we can use TRDR's "long / short ratio" indicator to know exactly which side is trapped when interest increased.
Also we can use volume side delta to know if the support/resistance area is consuming taker's buy/sell or not.
Am I right? what's your thought? Please make a video about this if you found this idea interesting.
Thanks for your hard work.
Hi, could you explain the second option please
@@samuelmaucaille702 He thinks - correctly - that trapped traders can form a support or resistance zone along the region they get the opportunity to escape.
When I started watching your videos last week I had my system down to 5 steps, tactics. Since then, its still the same. Now, I can analyze trapped traders and trade accordingly. I found this channel because of the 1s scalping video.. lol. I am a 15s15min . Thanks for putting this content out. Ive been reading a LRA pdf as-well. Once i'm done with classes ill be in the paid group.
there is nobody to explain Open Interest better out there... really nice videos ...you can do more of these
You are 100% right in how to read open interest. But you are wrong in how you explain open interest. When you open 10 new contracts long or short OI rises with 10 and when you close 5 of your opened contracts. OI is going down with 5. OI is just the cumulative number of open contracts. So when OI rises with 10. It just mean 10 more contracts where opened then closed during that period. It is not = 10 new longs and 10 new shorts were opened as you explain it. So to simplify it you should look at it like this:
Price up vs OI up = new longs
Price down vs OI down = longs covering
Price down vs OI up = new shorts
Price up vs OI down = shorts covering
and he didn't adjust the factor of big players vs the market - not all positions of big players influence the market as a whole in some cases , big win when traders sense the market momentum and set up trades accordingly.
THANKS. You just summarized a confusing video. Appreciate it.
Do you know what the oi indicator is called on trading view?
she is breewayne , coinglass offers live chart with their own OI indicators but use it with caution.
What do you mean by shorts covering?
You are so young and so knowledgeable, your videos are we explained and high tech.I mainly use classic technical analysis not indicators. Your open interest video is a great explanation of how to predict future price movements.Keep up the grest content, you deserve great success.
The best and purest guy with golden gem infos , thanks 🙏
This is sooo goood. Thanks YT for the Recommendation 😂🙏
Brother! You are the real OG man.. I've learnt so many things from you! Keep uploading these videos.. thanks for this amazing video
Is there a way to view Open Interest and Long/Short data on Forex pairs, Stocks, and the Indexes?
@2:55 - why would both L&S be exiting, if the trend can't go any higher...why wouldn't shorts be staying and/or be increasing? Many thanks!
awesome as always, keep it rolling man! many thanks
This ignores the possibility of absorption. Price going up or down isn't enough to draw firm conclusions on whether longs or shorts are being opened there. The price change isn't big enough. Price can go down even when many more longs are opened than shorts.
real
Could you please share the open interest symbol you're using in this video? Can see the top one, but bottom is blocked. Thank you!
he's not using tradingview, but i would personally use coinanalyze or exocharts
great vid man. whats the name of that oi indicator on tradingview
Nice simple explanation 👏
What is the name of indicator
What's the difference in meaning on the OI when it prints a red candle to the upside vs to the down side? Same goes for the green candle?
If perpetual futures are cash settled, how do they affect price? Or do they not and the idea is that they are a good indication of what the spot market is doing? When you compare L/S ratios among diff exchanges, they're all over the place. For instance, everything else will be 55/45 approx and one or two will be between 4-20%. Today, within an hour Kraken, Bitfinex, and Bitmex were wildly opposing 7 other exchanges (and not for just 10 seconds, either. They stick like that for 5-10 minutes at a time). Meanwhile, the price charts of all 10 were nearly identical. Just trying to make some sense of how they'd be affecting price if there's no sudden influx of supply or demand due to large number of expirations. Naw mean?
bro need a detailed video on binare arbitrage and some more tips !
Thank you, it was very helpful for me.
How do you get the open interest indicator
Link to TRDR is in the description
Is there an open interest indicator for Nasdaq and currencies?
We had a downtrend with rise in open interest but price still soared the past 2 days.
Thanks for the comment,, feel free to text me📩📩 on .W-H•A•T•S•A•P•P• +1...9..1.9..5..9..09..7..0..8|✉️✉️.. For more information and support
Great video, thanks for posting it !
What open interest indicator you use? I tested several and can’t find any that looks like yours
Thanks
Personally I like coinanalyze or exocharts
thank you so much for the explanation . i learned a lot about it. new subcriber from guam
Okay open interest I see the theme here !!! Thanks!!!!
you are the goat! noone else comes close
amazing as always TY Ben
What open interest and funding rates indicators are being used?
very good examples, thanks
Can you see OI chart here or somewhere else for index ETFs?
Thx for the content! Amazing
1:18 where do you see 600 BTC?
How come OI on my TV is saying there is no data for BTC?
Could an increase in OI just be net longs or net shorts (as market makers take other side of contract instead of 1:1 new longs/new shorts)- may change how this strategy works
yes
Does Open Interest only work on Futures?
Really helpful & well done, thanks
Hey Bennet, I believe I've heard you say once you have a paid OI course. Care to share the link to join ?
How do you get the open interest pane in tradingview? I have a pro account, but can't see any options or anything indicators to enable it - even on perp futures
Hey was just wondering the specific name of the open interest indicator for ftx? Can’t seem to find it. Thanks a ton man appreciate the lesson 🙏🏽
TRDR.io
10:15 Where do you see 7000BTC?
Bennett, by the way BTCPERP open interest is really high now
thank you very much for your content
can we also consider heatmap from bookmap or any other app to find an entry point ?
I don't understand the first example thought :D
is this a pinescript indicator? what is its name ?
Get it here: www.tradingview.com/v/GKhS3dlt/
incredible usefull video! Where did you get your knowledge from? I've been reading a book last couple of days, but this small video was more helpfull then reading for hours
Very nice info. Why not using Binance open interest. More than double FTX
so i order your course expecting that you talking about open interest instead a whole bunch of text. i'm not expecting that. you have video in your course that teach from the basis ground up about open interest?
Thanks for this kind of videos,, keep going ,✌🏽👍🏽
Combine OI + Volume + Delta and you reach god mode
HI what’s best way to get OI indicator on trading view or FTx .thank you
What delta indicator? CVD?
@@MrMzrad coinalyze
@@MrMzrad just type in open interest on trading view indicators
Bro how to get open interest information for forex?
What indicator did you use for open interest?
I use coinanalyse or exocharts most of the time
Amazing! Thank you!
Thank you very much I think your video here helped many new people in crypto
Indeed. Crypto influencers need to follow what he did and give a lecture on trading
Some crypto influencers do make a video on which coins or tokens that have a great fundamental. IMO that is also great but people still need to do their own research first
DYOR is also important indeed. Because people have their own opinion like what I did with KSM Starter I personally think that it is a very promising project
It is a launchpad on Kusama that is built to provide early stage support and funding for projects on substrate
I've heard about it before since it is integrating Chainlink's VRF
Hi, anyone know a good open interest indicator for tradingview to try
you found one yet?? I am still looking haha
Amazing, thanks!
WHEN YOU GO OVER OPEN INTEREST YOU NEED TO SAY WHAT INDICATORS AND INDEXES YOU ARE USING.
sorry caps key
what does it mean if OI is decreasing slowly and Price is increasing?
shorts exiting
BTC for $75K by end of this year& Control
of The Currency is already Decentralised And now the China disruption would simply
Decentralise the Mining setup for the better
that's cool information matee
I still keep holding exrd for the future. Because I'm pretty sure this potential alts will bring big profits later.
@@denzelalfred9897 is it true bro? what's the good things that this gem offer
@@grisshambert3152 if u buy more exrd now, they will have mainnet soon and it my pump the price.
12:48 Gotta be inclusive for the girls and bots!
Is this indicator reffering to one exchange or to the hole market. And how do you get your data, with quandl?
only one, each exchange has its own, they are similar to each other but slightly different
if you want to look at all exchanges at the same time - look for aggregated OI
@@DIMAScalp im programming some strategies in pine script at the moment and i look for a data series to import open interest data to plot to the chart
why do we just lump longs and shorts together. can we not learn more from keeping them seperate. i am still not getting the basics. i cant stand where he has put his facecam covering stuff people are intrested in go top righr . thanks for the effort
gold
🎉
Absolute DON!!!!!!
Efficient af
Wowwww
awesome (i suck tho)
Hello Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategies
Wow I' m just shock someone mentioned expert Mrs Jane I thought I' m the only one trading with her.....,.She helped me recover what I lost trying to trade my self
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Jane.
I think she is the best broker I ever seen
Yes I' m also a living testimony of expert Mrs Jane........Mrs Jane has changed my financial status for the best.all thanks to my aunty who introduced her to me
Who's this professional everyone is talking about I always see her post on top comment on every UA-cam video I watched
I think I'm interested how can I get in touch with Mrs Jane
cant u purchase a good mic