Recent content by VIXER328

I am not positive of the thesis either but the internet and some traders I follow on youtube use OI to help predict market direction. Unfortunately, they don't give enough info, just like this (see below link) from investopedia. There does appear to be info throughout the internet indicating a...

Hi I am trying to understand open interest change and market direction. Can someone direct me to a site or a book I can buy that thoroughly explains open interest change and its effect on market direction? For example, today FaceBook closed at $172. For the last 3 days open interest at the $170...