Using Volume to Make Better Trades

I wish I had a dollar for every time I’ve been asked what tools I use to trade. It would be easy money because my answer is always the same: chart patterns and volume.

Trend Analysis using Open Interest and Volume

Open Interest (also known as Open Contracts or Open Commitments) refers to the number of active or open contracts for any given security. It applies to the futures and options markets but not to stocks. In the futures market it refers to the total number of contracts long or short in a delivery month or