we’ll take a look at what makes a good trading setup, then we’ll look at Peter's top 7 trading setups. Treasury yields hold ground as coronavirus jitters cool
In This Issue
1. Trading Webinar: 7 Most Effective Trading Setups
2. Hot Market Report: Treasury yields hold ground as coronavirus jitters cool
3. Economic Calendar
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Tuesday, Feb 11th 10:00 AM - 11:00 AM PST
In this session, we’ll take a look at what makes a good trading setup, then we’ll look at Peter's top 7 trading setups.
SPACE is LIMITED, so reserve your space now!
For each trading setup, we’ll consider the following
- What the setup is
- Which market conditions it works best in
- Why the setup works
- Who is on the wrong and right side of the trade if it works out
- How to identify it’s working out
- How to identify if it’s not working out
- Typical Risk:Reward
What you will see is that although the setups are different, there’s lots of things in common with them. Instead of learning 7 different skills, we are taking a few skills and applying them in different scenarios.
With these 7 setups, you would certainly expect to find multiple trades per day on most market, but patience is still key because we want to get in when conditions are just right.
For those looking for new setups or those looking to improve the way they confirm/manage their existing setups – this webinar is for you.
SPACE is LIMITED, so reserve your space now!
Source: Dave Register of ExitPoints.com
Click on image below to enlarge
The US 30 year treasury bond market belongs to the "interest rate family" 10 year, 5 year, 2 year notes, the "Ultra bond" and others. All traded on the CBOT exchange.
The March 30-year T-bond made a price high on 2/3/2020 and sharply declined for a couple of days. My swing trade indicators are indicating the “hammer” candle on 2/6/2020 is a swing trade low. Look for a rally in the March 30-year T-bond over the next week or so.
Source: Moore Research Center, Inc.
Date | Reports | Expiration & Notice Dates |
---|---|---|
02/07 Fri |
7:30 AM CST - Nonfarm Payrolls(Jan)
7:30 AM CST - Ave Workweek & Hourly Earnings(Jan) 7:30 AM CST - Unemployment Rate(Jan) 9:00 AM CST - Wholesale Inventories(Dec) 2:00 PM CST - Consumer Credit(Dec) 2:00 PM CST - Catfish Production |
LT: Feb Canadian Dollar Options(CME)
Feb Currencies Options(CME) Feb Mx Peso Options(CME) Feb US Dollar Index Options(ICE) Feb Live Cattle Options(CME) Mar Cocoa Options(ICE) Mar Cotton Options(NYM) |
02/10 Mon |
|
FN: Feb Live Cattle(CME)
LT: Mar Sugar-16(ICE) |
02/11 Tue |
11:00 AM CST - WASDE Report & Crop Production
3:30 PM CST - API Energy Stocks |
FN: Mar Sugar-16(ICE)
|
02/12 Wed |
6:00 AM CST - MBA Mortgage Index
9:30 AM CST - EIA Petroleum Status Report 2:00 PM CST - Dairy Products Sales |
LT: Mar Coffee Options(ICE)
|
02/13 Thu |
7:30 AM CST - USDA Weekly Export Sales
7:30 AM CST - Initial Claims-Weekly 7:30 AM CST - Core CPI & CPI(Jan) 9:30 AM CST - EIA Natural Gas Report 3:30 PM CST - Money Supply |
|
02/14 Fri |
7:30 AM CST - Export(ex-ag) & Import(ex-oil) Prices(Jan)
7:30 AM CST - Retail Sales(Jan) 7:30 AM CST - Retail Sales Ex-Auto(Jan) 8:15 AM CST - Industrial Prod & Capacity Util(Jan) 9:00 AM CST - Business Inventories(Dec) 9:00 AM CST - Univ of Michigan Consumer Sentiment-Prelim(Feb) |
FN: Mar Cocoa(ICE)
LT: Feb Lean Hogs(CME) Feb Mx Peso(CME) Feb Eurodollar Options(CME) Feb Lean Hogs Options(CME) Mar Crude Lt Options(NYM) |
02/17 Mon |
PRESIDENT'S DAY
|
LT: Feb Eurodollar(CME)
|
02/18 Tue |
7:30 AM CST - Empire State Manufacturing(Feb)
9:00 AM CST - NAHB Housing Market Index(Feb) 11:00 AM CST - NOPA Crush 3:00 PM CST - Net Long-Term TIC Flows(Dec) |
LT: Mar Sugar-11 Options(ICE)
|
02/19 Wed |
6:00 AM CST - MBA Mortgage Index
7:30 AM CST - Core PPI & PPI(Jan) 7:30 AM CST - Housing Starts & Building Permits(Jan) 3:30 PM CST - API Energy Stocks |
LT: Mar Platinum & Palladium Options(NYM)
|
02/20 Thu |
7:30 AM CST - Intial Claims-Weekly
7:30 AM CST - Philadelphia Fed Index(Feb) 9:30 AM CST - EIA Natural Gas Report 10:00 AM CST - EIA Petroleum Status Report 2:00 PM CST - Milk Production 2:00 PM CST - Dairy Product Sales 3:30 PM CST - Money Supply |
FN: Mar Coffee(ICE)
LT: Mar Crude Lt(NYM) |
FN=First Notice, OE=Option Expiration, LT=Last Trade |
* Please note that the information contained in this letter is intended for clients, prospective clients, and audiences who have a basic understanding, familiarity, and interest in the futures markets.
** The material contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.
*** This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!