Is outlook data relevant?

Nov 20, 2016 at 07:57
Vistas 753
2 Replies
Miembro desde Feb 11, 2012   posts 5
Nov 20, 2016 at 07:57
I have marked strange spikes at open interest indicator on the image attached
Strange thing is that positions volume decreases sharply and then recovers fast and this change is sometimes relatively very big
The first indicator is open interest, the second one is volumes.
The data is from community outlook and seems that the numbers are correct and match with those on the site
Could anybody explain this strange thing?

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Miembro desde Feb 11, 2012   posts 5
Nov 22, 2016 at 11:18
So nobody uses this data for serious things?
Miembro desde Apr 18, 2017   posts 659
Jun 18, 2017 at 10:15
Whatever, technical tool it is, you can’t rely on only one or two trading indicator! You need clear knowledge on market context with enough news trading experience!
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