In your own opinion: 1) what commodity market give good volatility and good liquidlity, but smooth one-way trendiness at the same time (ie not swinging up and down most of the time)? 2) what commodity market do you trade? And why do you trade them? Just list the conditions/situations or state your cases if your answer is a bit complex. Thank you.
first point you're describing isn't volatility you desire.. ZN (10 year treasury future) dec 06 is a good contract to look at for better directionality. nat gas (QG) is the most volatile I think. And in fact, it does trend well, of course until you make your entry (then it reverses).