Two major factors a successful trader must look for in any new trade are liquidity and open interest. Liquidity simply allows us to more effectively enter and exit the market; a liquid market is far safer to trade and exposes us to less price volatility. Open interest is an indicator of just how liquid a market is by showing how many open trades are in any particular contract. This can be especially important when trading options, so as not to get stuck in an option with very little activity. Like a roach motel, you will get in but you won’t get out if it’s illiquid. Remember, higher open interest equals better liquidity. More liquidity means a more competitive market, and a more competitive market means more opportunity for you to make money.
Wednesday, June 01, 2011
CRUD OIL - UPDATE
CRUD OIL-MCX
On 30/may we had written about crud that
Above 4695.....
our target were 4630....., 4680.....
make high 4666.....
and closed on 4631.....
NOW WHAT TO EXPECT ? ? ?
Above 4670.....
target are 4705....., 4770......
Below 4601.....
target are 4550....., 4515.....
for more detail contact us - niranjanpatel80@gmail.com
GOLD, SILVER - UPDATE
GOLD-MCX
We had told on 30/may that gold
Below 22,500.....
our target were 22,440....., 22,410.....
see yesterday low 22,397.....
and closed on 22,426.....
NOW WHAT TO EXPECT ? ? ?
Above 22,444.....
will try to touch 22,490....., 22,515.....
Below 22,415.....
will panic up to 22,370....., 22,330.....
(more detail to our subscribers)
SILVER-MCX
On 30/may we told about silver
Above 57,610
our target were 57,870....., 58,180....., 58,590.....
see yesterday high 58,480.....
and closed on 57,919.....
NOW WHAT TO EXPECT ? ? ?
Above 58,300.....
will try to kiss 58,770....., 59,159....., 59,450.....
Below 57,550.....
panic up to 57,201....., 56,980....., 56,330......
for more detail contact us - niranjanpatel80@gmail.com
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