Educational Guide to Futures & Options Trading | Cannon Trading

June 24, 2016 Newsletter

Opportunity and Risk in Futures Trading Free booklet British Pound Outlook with Brexit

June 24th, 2016 - Issue #834

In This Issue

1. Opportunity and Risk. Educational Guide to Futures and Options
2. Hot Market Report: High Anxiety in Currency Markets
3. Economic Calendar

1. Opportunity and Risk - An Educational Guide to Futures and Options Trading. Free 49 Page eBook

This booklet/eBook put together by our regulators covers some very important topics related to trading futures and options and is a recommended read for both the novice and experienced traders as well as those who are considering getting involved in futures and options trading

Some of the topics covered:
• How Markets are Regulated
• How Prices are Quoted
• Hedgers and Speculators
• Price Discovery
• Options Basics
• Options Arithmetic
• Margins
• And Much More!!

Please fill out the form below to read/download and/or print the booklet instantly.

Opportunity and Risk.

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2. Hot Market: British Pound

From our friend Jim Wyckoff at

Click on image below to enlarge

crude oil futures; The shocking "leave" vote result on the Brexit issue has roiled world markets, and especially the currency markets. The British pound set a six-month high and a multi-year low--all in matter of a few hours' time! It was the biggest one-day price fluctuation in currency trading history. The same goes for the Euro currency. Next week, look for more volatile trading in many markets, as the dust settles on the Brexit vote and its implications for the European Union and the collective world economy. Stay tuned!

3. Economic Calendar

Source: Moore Research Center, Inc.

Date Reports Expiration & Notice Dates
7:30 AM CDT - International Trade in Goods(May)
LT: Jul Copper Options(CMX)
Jul Gold Options(CMX)
Jul Silver Options(CMX)
Jul Natural Gas Options(NYM)
Jul RBOB & ULSD Options(NYM)
7:30 AM CDT - GDP - Third Estimate(Q1)
7:30 AM CDT - GDP Deflator-Third Estimate(Q1)
8:00 AM CDT - Case-Shiller 20-City Index(Apr)
9:00 AM CDT - Consumer Confidence(Jun)
LT: Jun Butter(CME)
Jun Milk(CME)
Jun Copper(CMX)
Jun Gold & Silver(CMX)
Jun Platinum & Palladium(NYM)
Jul Natural Gas(NYM)
Jun Butter Options(CME)
Jun Milk Options(CME)
6:00 AM CDT - MBA Mortgage Index
7:30 AM CDT - Core PCE Price Index(May)
7:30 AM CDT - Personal Income & Spending(May)
9:00 AM CDT - Pending Home Sales(May)
9:30 AM CDT - API & DOE Energy Stats
2:00 PM CDT - Dairy Products Sales
FN: Jul Natural Gas(NYM)
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly
8:45 AM CDT - Chicago PMI(Jun)
9:30 AM CDT - EIA Gas Storage
11:00 AM CDT - Grain Stocks
11:00 AM CDT - Planted Acreage
3:30 PM CDT - Money Supply
FN: Jul Copper(CMX)
Jul Gold & Silver(CMX)
Jul Platinum & Palladium(NYM)
Jul Canola(CBT)
Jul Wheat(CBT)
Jul Oats(CBT)
Jul Corn(CBT)
Jul Rough Rice(CBT)
Jul Soybeans,Soymeal,Soyoil(CBT)
LT: Jun 2,5 Year Notes(CBT)
Jun Fed Funds(CME)
Jun Live Cattle(CME)
Jul Sugar-11(ICE)
Jun Fed Funds Options(CME)
Jul Lumber Options(CME)
9:00 AM CDT - Construction Spending(May)
9:00 AM CDT - ISM Index(Jun)
11:00 AM CDT - Fats & Oils
11:00 AM CDT - Grain Crushings
1:00 PM CDT - Auto & Truck Sales(Jun)
FN: Jul Orange Juice(ICE)
Jul Sugar-11(ICE)
LT: Jul Live Cattle Options(CME)
Aug Cocoa Options(ICE)
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!

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