Trading Video on Using Counter trend Set Ups for Day Trading -what I call simpler approach to day trading futures. Daily chart of the soybeans market along with outlook provided by Matt Kang, Korean Speaking broker.
In This Issue
1. Trading 201: VIDEO - Simpler Approach to Day Trading
2. Hot Market Report: Soybeans Futures Pushing Higher?
3. Economic Calendar
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This week’s highlighted Market is soybeans. Soybeans futures are part of the GRAINS family which includes 4 types of Wheat, Corn, Soymeal, Oats, Rough Rice and Bean Oil. All traded on the CBOT/GLOBEX exchange.
Daily chart from this morning, (Oct 4th 2019).
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
|---|---|---|
| 10/07 Mon |
2:00 PM CDT - Consumer Credit(Aug)
3:00 PM CDT - Crop Progress |
FN: Oct Live Cattle(CME)
|
| 10/08 Tue |
7:30 AM CDT - Core PPI & PPI(Sep)
3:30 PM CDT - API Energy Stocks |
LT: Nov Sugar-16(ICE)
|
| 10/09 Wed |
6:00 AM CDT - MBA Mortgage Index
9:00 AM CDT - Wholesale Inventories(Aug) 9:30 AM CDT - EIA Petroleum Status Report 2:00 PM CDT - Dairy Products Sales |
FN: Nov Sugar-16(ICE)
LT: Oct Cotton(NYM) |
| 10/10 Thu |
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly 7:30 AM CDT - Core CPI & CPI(Sep) 9:30 AM CDT - EIA Natural Gas Report 11:00 AM CDT - WASDE Report & Crop Production 3:30 PM CDT - Money Supply |
|
| 10/11 Fri |
7:30 AM CDT - Export & Import Prices(Sep)
7:30 AM CDT - Export(ex-ag) & Import(ex-oil) Prices(Sep) 9:00 AM CDT - Univ of Mich Consumer Sent-Prelim(Oct) |
LT: Oct Mx Peso(CME)
Oct Eurodollar Options(CME) Nov Coffee Options(ICE) |
| 10/14 Mon |
COLUMBUS DAY
|
LT: Oct Eurodollar(CME)
Oct Lean Hogs(CME) Oct Soymeal(CBT) Oct Soyoil(CBT) Oct Lean Hogs Options(CME) |
| 10/15 Tue |
7:30 AM CDT - Empire State Manufacturing(Oct)
11:00 AM CDT - NOPA Crush 3:00 PM CDT - Crop Progress |
LT: Nov Sugar-11 Options(ICE)
|
| 10/16 Wed |
7:30 AM CDT - Retail Sales(Sep)
9:00 AM CDT - Business Inventories(Aug) 1:00 PM CDT - Beige Book(Sep) 3:30 PM CDT - API Energy Stocks |
LT: Nov Platinum Options(NYM)
Nov Palladium Options(NYM) |
| 10/17 Thu |
7:30 AM CDT - Building Permits & Housing Starts(Sep)
7:30 AM CDT - Initial Claims-Weekly 8:15 AM CDT - Capacity Util & Industrial Prod(Sep) 9:30 AM CDT - EIA Natural Gas Report 10:00 AM CDT - EIA Petroleum Status Report 2:00 PM CDT - Dairy Products Sales 3:30 PM CDT - Money Supply |
LT: Nov Crude Lt Options(NYM)
|
| 10/18 Fri |
7:30 AM CDT - USDA Weekly Export Sales
9:00 AM CDT - Leading Indicators(Sep) |
LT: Oct Nikkei Options(CME)
Nov Cotton Options(NYM) Nov Orange Juice 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!
