$US 1-hour contract open interest rose 59.53%, with a value of approximately $2.86 million; the price increased 0.95% over the same period.
A question every beginner asks: What is open interest?
When both buyers and sellers open new positions, open interest increases. When both sides close positions, it decreases. When one side opens a position and the other closes one, open interest stays the same.
Open interest moved, but my position is still zero—I’m just watching from the sidelines.
Reading indicators is easy; the hard part is sticking to your rules when the market gets extremely volatile.
A question every beginner asks: What is open interest?
When both buyers and sellers open new positions, open interest increases. When both sides close positions, it decreases. When one side opens a position and the other closes one, open interest stays the same.
Open interest moved, but my position is still zero—I’m just watching from the sidelines.
Reading indicators is easy; the hard part is sticking to your rules when the market gets extremely volatile.