xbotgemdetector
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Why is Open Interest important?
Open Interest (OI) indicates the total number of contracts currently open in the market.
-> It reflects whether new cash is flowing in or out.
🧠 When combined with price volatility, we can determine:
✔ Who is controlling the market (Long or Short) -> Avoid traps (bull trap / bear trap)
✔ Is the trend still strong or has it weakened?
✔ Is the market attractive, or is it just a 'false' increase or decrease due to closing positions?
✔ Catch the trend early and make more confident trades
-> It reflects whether new cash is flowing in or out.
🧠 When combined with price volatility, we can determine:
✔ Who is controlling the market (Long or Short) -> Avoid traps (bull trap / bear trap)
✔ Is the trend still strong or has it weakened?
✔ Is the market attractive, or is it just a 'false' increase or decrease due to closing positions?
✔ Catch the trend early and make more confident trades
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The market picture today when the FED announced a 0.25% interest rate cut
#XBotGemDetector #xBot #AutoTradeBot #Fed #news
#XBotGemDetector #xBot #AutoTradeBot #Fed #news
Automation removes emotions. Discipline creates consistency.
#XBotGemDetector #autobot #AutoTradeBot $ALLO
#XBotGemDetector #autobot #AutoTradeBot $ALLO
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The market does not take money from those who lack knowledge – but takes money from those who are overly confident in right and wrong.
#XBotGemDetector #xbot #autobot #AutoTradeBot
#XBotGemDetector #xbot #autobot #AutoTradeBot
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