VPOC Shifts - What do they mean How do you trade them

[bundlemaker]

Josh, trading is deeply rooted in personal beliefs. I have not intention of trying to convince anybody of anything. However, I would recommend observing cumulative delta for about a year. I find consistently and repeatedly great value in seeing cum delta as a SURROGATE for open interest. For me, and for a great many others, it does serve a practical purpose. It is not perfect, certainly. But the recurring patterns which represent the market logic of open interest are there if you look.

[joshdance]

Good video overall, and great candor by renouncing "guru" status in the beginning. Kudos. But cumulative delta is NOT calculated in such a way that it can be called "real time open interest" (around 49:20).  As Bob said, context is everything.

[c4leon]

A brief mention of vpoc shifts. A random association to a B/P profile fade, and then more random commentary on using Footprint charts for entry. Net-net..waste of time unfortunately with little relationship to the topic, which really does need some good coverage eventually.