Currency futures front month is september, market direction for futures

June 15 2012 Newsletter

front month for MOST futures markets is now September. Make sure you rollover your positions

Newsletter 6-15-2012

June 15, 2012 - Issue #640

In This Issue

1. Trader's Resource Corner
2. Trading ideas for the week of June 18th by ExitPoints.com
3. Economic Calendar

Featured Articles This Week

a. Listen to Hochberg explain the problems with using lagging economic indicators like earnings Elliott Wave International

1. Traders Resource Corner

A. Rollover day! Front month for stock index futures CURRENCY FUTURES and most other markets is now September! The symbol for September is U . Make sure to change your charts and start trading the September contract for all index futures. Contact your broker with any questions.

B. Daily Exchange Volume and Open Interest updated daily for most markets on the CME website. Nice, quick and easy to use format.Visit daily updates here

C. Forecast for the 2012 USDA Acreage Report

Tuesday, June 26, 2011 2:00 p.m. CT

2. Trading ideas for the week of June 18th by ExitPoints.com

The following table is provided by ExitPoints.com and Dave Register. Cannon Trading Co currently offers several trading systems developed by ExitPoints.com for auto execution.

ExitPoints Market views

Need help using the table above? would like to discuss trading with an experienced broker? Please contact us via the web or call 800 454 9572

Dave obtained a Bachelors Degree in Physics in 1969 and a Masters in Statistics in 1974. He has been trading futures since 1978 and is currently registered as a Commodity Trading Advisor (CTA). Since 1985, Dave has been working with artificial intelligence and Expert Systems. He has worked at Lockheed Engineering and Management Services Company, a NASA contractor, and the financial advisory company, Elliott Wave International (EWI).

In 2003, Dave independently researched and developed a variety of successful indicators and strategies related to futures trading. These tools and methods helped to form the basis of his artificially intelligent, mechanical expert trading system, ExitPoints.

The ExitPoints system uses artificial intelligence techniques with a fully-automated analysis program that combines Fibonacci time relationships with multiple years of past market performance data. We use many of the same technical analysis principles used by professional traders, but the expert systems computer program that provides our trade recommendations operates completely without human emotions. The ExitPoints program is intelligent enough to know what to do in every market condition. Our system has over six years of real-time use and our trading strategies have been continuously researched. The entries are based on volatility breakout filtered by proprietary momentum and trend techniques coupled with early exit strategies to preserve equity and limit risk.

Disclaimer:

The material contained in this letter is of opinion only and does not guarantee any profits.

There is a substantial risk of loss in trading commodity futures, options and off-exchange foreign currency products. Past performance is not indicative of future results.

3. Economic Calendar

Source: Moore Research Center, Inc.

Date Reports Expiration & Notice Dates
06/18
Mon
9:00 AM CDT - NAHB Housing Market Index(Jun)
2:00 PM CDT - Milk Production
FN: Jul Cocoa(ICE)
LT: Jun Currencies(CME)
Jun Eurodollar(CME)
Jul US Dollar Index(ICE)
Jun Eurodollar Options(CME)
06/19
Tues
7:30 AM CDT - Building Permits & Hosuing Starts
FOMC Meeting
LT: Jun Canadian Dollar(CME)
06/20
Wed
6:00 AM CDT - MBA Mortgage Purchase Index
7:30 AM CDT - Dairy Products Prices
9:30 AM CDT - API & DOE Energy Stats
11:30 AM CDT - FOMC Rate Decision
LT: Jun 10 Year Notes(CBT)
Jun Bonds(CBT)
Jul Crude Lt(NYM)
Jul Platinum Options(NYM)
Jul Palladium Options(NYM)
06/21
Thurs
7:30 AM CDT - USDA Export Sales
7:30 AM CDT - Initial Claims Weekly
9:00 AM CDT - Existing Home Sales(May)
9:00 AM CDT - FHFA Housing Price Index(Apr)
9:00 AM CDT - Leading Indicators(May)
9:00 AM CDT - Philadelphia Fed(Jun)
9:30 AM CDT - EIA Gas Storage
3:30 PM CDT - Money Supply
FN: Jul Coffee(ICE)
06/22
Fri
2:00 PM CDT - Cattle On Feed
2:00 PM CDT - Cold Storage
FN: Jul Crude Lt(NYM)
LT: Jul 2,5,10 Year Notes Options(CBT)
Jul Bonds Options(CBT)
Jul Corn,Oats Options(CBT)
Jul Wheat,Rough Rice Options(CBT)
Jul Soybeans,Soyoil,Soymeal Options(CBT)
06/25
Mon
9:00 AM CDT - New Home Sales(May) FN: Jul Cotton(NYM)

* 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!

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