Effective Open Interest trading systems - Commodities Futures Trading | futures io social day trading
futures io futures trading


Effective Open Interest trading systems
Updated: Views / Replies:163 / 3
Created: by worldbfree Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Effective Open Interest trading systems

  #1 (permalink)
Trading Apprentice
Houston
 
Futures Experience: Intermediate
Platform: ThinkorSwim
Favorite Futures: Energy
 
Posts: 16 since Feb 2018
Thanks: 4 given, 11 received

Effective Open Interest trading systems

I trade commodity futures on a fin desk at an oil company. I've realized that understanding the nuances of daily O.I. change can really be a solid building block for an effective program, I've built a system using OI and daily price change, it's been giving me very decent results for the last year or so.

Just wondering how many of you use OI as maybe a dominant factor in some of your systems? If you do, why do you find it to be important? Trying to start a discussion...

Reply With Quote
The following 2 users say Thank You to worldbfree for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,569 since Dec 2013
Thanks: 2,063 given, 4,426 received
Forum Reputation: Legendary


Greetings @worldbfree

While I do look at OI I don't currently use it in any systems. I've always been concerned that the data is one day delayed and how to handle rollovers? ie is a change in OI due to rolls or due to increase/decrease in open positions? Also talking specifically about products like CL (as opposed to ES) identifying how much OI is outright positions versus spreads versus other months. Be interested to hear your thoughts?

Reply With Quote
The following user says Thank You to SMCJB for this post:
 
  #4 (permalink)
Trading Apprentice
Houston
 
Futures Experience: Intermediate
Platform: ThinkorSwim
Favorite Futures: Energy
 
Posts: 16 since Feb 2018
Thanks: 4 given, 11 received


SMCJB View Post
Greetings @worldbfree

While I do look at OI I don't currently use it in any systems. I've always been concerned that the data is one day delayed and how to handle rollovers? ie is a change in OI due to rolls or due to increase/decrease in open positions? Also talking specifically about products like CL (as opposed to ES) identifying how much OI is outright positions versus spreads versus other months. Be interested to hear your thoughts?

Hello!

You can dice up the data in a way where you can weed out the impact of rolls. And on the spreads I don't really mind them because if you're long/short on the spread, you're basically long/short flat price without the hefty risk, so the impact becomes proportional to its risk.


Last edited by worldbfree; October 1st, 2018 at 11:52 PM. Reason: greetings
Reply With Quote

Reply



futures io > > > > Effective Open Interest trading systems




Upcoming Webinars and Events (4:30PM ET unless noted)
 

Journal Challenge w/Earn2Trade and $599 in Prizes

November
 

Improve your trading with market correlations w/Jigsaw & Cannon Trading

Nov 15
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Webinar: John Ehlers on Indicators for Effective Trading Strategies Big Mike Traders Hideout 65 July 12th, 2017 09:38 AM
Open Interest NT webart NinjaTrader 22 November 12th, 2016 10:00 PM
Use your time effective, trading as a business Zwaen Traders Hideout 12 September 26th, 2014 06:07 PM
Volitility indicator question - Open - Open / open - close / close to open andresimon NinjaTrader 2 September 27th, 2010 01:33 AM
Open Interest toulouse-lautrec NinjaTrader 0 September 4th, 2009 05:58 PM


Tags
cl, commodities, es, futures, how to, open interest, spreads, trading, trading system, trading systems

All times are GMT -4. The time now is 01:45 PM. (this page content is cached, log in for real-time version)

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2018-11-12 in 0.08 seconds with 13 queries on phoenix