Cannon Futures Weekly Newsletter Issue # 1128
Join our private Facebook group for additional insight into trading and the futures markets!
In this issue:
- Important Notices – Make 2023 great!
- Trading Resource of the Week – Trading Around Economic Reports FREE COURSE
- Hot Market of the Week – March Wheat
- Broker’s Trading System of the Week – CIRUS ST58 EUROFX KASE
- Trading Levels for Next Week
- Trading Reports for Next Week
-
-
Important Notice – New year’s Trading Schedules
In this “Trading Around Key Economic Reports” FREE Course you will learn:
- What is GDP?
- About the Retail Sales Report
- What is NFP ( non farm payroll) Report?
- Understanding US housing Data
- FOMC
- Understanding Oil Data Report
- Importance of Consumer Confidence Survey
-
-
-
Hot market of the week is provided by QT Market Center, A swiss army knife charting package that’s not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs.
PriceCounts – Not about where we’ve been , but where we might be going next!
The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at
www.qtchartoftheday.comTrading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.
With algorithmic trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker’s choice for this week.
PRODUCT
SYSTEM TYPE
Swing
Recommended Cannon Trading Starting Capital
$12,000
COST
USD 90 / monthly
The performance shown above is hypothetical in that the chart represents returns in a model account. The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real‐time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on back adjusted data.
Please read full disclaimer HERE.
Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary,
confidential consultation with a Cannon Trading Company series 3 broker.
-
Trading Levels for Next Week
Daily Levels for January 9th, 2022
Weekly Levels
-
Trading Reports for Next Week
First Notice (FN), Last trading (LT) Days for the Week:
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
1-800-454-9572
Contact Us