35854 replies to this topic

[Gorrat]

Today, against my better judgment I attempted to play this intra-day game. I decided to compose a poem.....

This moning she gapped open
my smile started to gleam
I decided to short this gal
and upwards she went, it seemed

I closed my losing trade suddenly
and immediately I went long
Just to my utter dismay
To find out I was wrong

I then went short again
just following the trend
Only to find out soon after
it had been the wrong order I had sent

So my day was dismal
all I could say was f#$@it
Currently I am still short
and 8 grand out o pocket!

The morale of the story. Stick to what you know. No more intra day trading for this fellow!

[TradeBit]

It is good advise. I gave good advice. In your blind world I am not only the only one that can see, I am the only one that can see through you.

 

I think you smoke too much of your own ....

[Gorrat]

Hillarious!!!!!

[Beorn]

 

Open Interest 101 by TradeBit

 

By analyzing the changes in the open interest figures at the end of each trading day, some conclusions about the day’s activity can be drawn.

Increasing open interest means that new money is flowing into the marketplace. The result will be that the present trend (up, down or sideways) will continue.

Declining open interest means that the market is liquidating and implies that the prevailing price trend is coming to an end.

Knowledge of open interest can prove useful toward the end of major market moves.

A levelling off of open interest following a sustained price advance is often an early warning of the end to an up trending or bull market.

 

Sorry Guys, but open interest for volitility's sake. Ha Ha nice!

 

Maybe I am missing what you are throwing.

 

Are you saying open interest will have no effect on volatility, mr Wikipedia?

[Gorrat]

I is and I have you. Nothing beats a qwert pc keyboard!

[Gorrat]

I think I went head first only to discover the water is 2in deep. My short are still a bit of......

[TradeBit]

Open Interest 101 by TradeBit

 

By analyzing the changes in the open interest figures at the end of each trading day, some conclusions about the day’s activity can be drawn.

Increasing open interest means that new money is flowing into the marketplace. The result will be that the present trend (up, down or sideways) will continue.

Declining open interest means that the market is liquidating and implies that the prevailing price trend is coming to an end.

Knowledge of open interest can prove useful toward the end of major market moves.

A levelling off of open interest following a sustained price advance is often an early warning of the end to an up trending or bull market.

 

Sorry Guys, but open interest for volitility's sake. Ha Ha nice!

[farouk]

This is a crazy market.

Prices just going sideways.

The 1 hour BB are tightening and that means a big move coming.

Which way up or down  will be guess work.

I will wait for market to show its hand.

[Argento]

I don't trust this move up in the US!

 

Looks like the same type of pattern we are making with serious downside coming!

 

It has negative divergence all over it!

 

A

[TradeBit]

HDB, calm down man, it's my intention to mingle, I have a mind, knowledge, and trading is what I do.

 

Ask a question, maybe we both learn something!

[Argento]

Yes it can, on 30/05/13 it was 166,783 followed by a 9.03% drop. I do not follow it for direction..more for volatility. 

 

@ Argento, no i don't know, i just have the total open interest numbers.

[HDB]

Nice one US goes down yesterday we go up, Us goes up we go down. Argento you mentioned that this disconnect will take place i think a week ago, now hold thumbs for a descent drop just when all was thinking of new highs brilliant!!

Bear we just tracking FTSE!!!

 

If FTSE makes an up move we will fly!! But I don't think so it will...

[bear catcher]

So you dont think that the number of open contracts will have any effect on volatility?

or  big moves coming?

It cant possibly be positioning for an event or anything?

 

PS. Dont make your incompetence clear on your first posts.

Gentle now Beorn we dont want to scare him off

[HDB]

You guys, ha ha, shoe!! 

 

Grasping at straws!

 

 

Tradebit or who ever you are, quit  posting spam and litter throughout the forum...

Edited by HDB, 21 May 2014 - 03:53 PM.

[Beorn]

You guys, ha ha, shoe!! 

 

Grasping at straws!

 

So you dont think that the number of open contracts will have any effect on volatility?

or  big moves coming?

It cant possibly be positioning for an event or anything?

 

PS. Dont make your incompetence clear on your first posts.

[Mhlato]

Thanks M,

Do you remember this, or do get the info somewhere? If so, where?

Thanks in advance.

 

It's part of my daily data download package B

[bear catcher]

Nice one US goes down yesterday we go up, Us goes up we go down. Argento you mentioned that this disconnect will take place i think a week ago, now hold thumbs for a descent drop just when all was thinking of new highs brilliant!!

[Mhlato]

Couldn't this apply in reverse as well?

 

Yes it can, on 30/05/13 it was 166,783 followed by a 9.03% drop. I do not follow it for direction..more for volatility. 

 

@ Argento, no i don't know, i just have the total open interest numbers.

[Beorn]

On 14/01/14 we had 156,054 open contracts, followed by a 1,000 points move upwards.

 

Thanks M,

Do you remember this, or do get the info somewhere? If so, where?

Thanks in advance.

[TradeBit]

You guys, ha ha, shoe!! 

 

Grasping at straws!