Volume and Open Interest: How to Use it to Trade More Effectivelyhttp://www.fxstreet.com/education/related-markets/volume-and-open-interest-how-to-use-it-to-trade-mo/Forex Educationhttp://www.fxstreet.com/education/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7Volume and Open Interest: How to Use it to Trade More Effectivelyhttp://www.fxstreet.com/education/related-markets/volume-and-open-interest-how-to-use-it-to-trade-mo/2007-06-19.htmlFutures volume and open interest are significant factors to monitor when trading futures, for several reasons. First, let's define the two terms. Open interest is the total number of futures or options on futures contracts that have not yet been offset or fulfilled by delivery. It is an indicator of the depth or liquidity of a futures market, which influences the ability to buy or sell at or near a given price. Open interest can be a tricky concept, especially for beginners. In a nutshell,Tue, 19 Jun 2007 08:49:50 GMThttp://www.fxstreet.com/education/related-markets/info@traderplanet.com (TraderPlanet.com, LLC)http://www.fxstreet.com/education/related-markets/volume-and-open-interest-how-to-use-it-to-trade-mo/2007-06-19.html