August 14th, 2020 - Issue #1018

In This Issue

1. Trading 102: Video on Few Ways to Trail a Stop
2. Hot Market Report: Small Exchange Metals Index
3. Economic Calendar

1. Trading 102: Video on Few Ways to Trail a Stop

In this 3 minutes video, Ilan Levy-Mayer of Cannon Trading shares a recent trading example with silver futures and a few different ways to use a trailing stop.

Hopefully if you are already trading you have completed your initial education: contract specs, trading hours, brokers, platforms, the opportunities as well as the risk and need to use risk capital in futures, and so on. Understanding this information is essential to trading. The second type of education is ongoing: learning about trading techniques, the evolution of markets, different trading tools, and more. The following 2 videos are part of this ongoing education. Enjoy!

2. Hot Market Report: Small Exchange Precious Metals Index

Click on image below to enlarge

This week’s highlighted Market is Small Precious Metals Index. Small Precious Metals combines gold, silver, and platinum relative to their consumption, production, and volume, so you trade the developments that matter most in a changing metals market.

The Small Exchange is a relatively new exchange with a unique approach and concept: Gain exposure to popular markets with standardized tick values and expiration dates on the Small Exchange. This brand new exchange joins the benefits of trading futures like capital efficiency, with the accessibility of the stock market. Learn why Smalls are a simple yet exciting addition to your trading plan

The Smalls Metals Index MIGHT be a good way for certain clients who are looking to trade the metals complex with out the need for the larger margins involved with trading gold, silver and platinum. Some advantages: • Small size compared to existing futures (with smaller margins) • Simple contract specs ($1 whether you're trading precious metals or foreign exchange, same expiration date too) • Standard and relevant construction so on days when silver is quiet you have exposure to gold and platinum and vice versa

120 minute ( 2 hours chart) Chart of the Smalls Metals index Futures for your review from this morning ( Aug 14th, 2020).

The next resistance is $80.56 and $82.23. Immediate support at: $77.10 and $75.08

To access a free trial to the ALGOS shown in the chart visit and sign up for a free trial for 21 days with real-time data.

3. Economic Calendar

Source: Moore Research Center, Inc.

* 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!