Open an Account Contact Us
Commissions Margins Open an Account 1-800-454-9572 Contact Us
1-800-454-9572 Contact Us Open an Account

Newsletters

Weekly Newsletters, Futures Trading Tips & Insight, Commodity Trading Educational Resources & Much More.

Quick Links: Commissions | Day Margins | Contact Us
Categories

Trading Crude Oil Futures + Futures Trading Levels for July 14th 2022

Get Real Time updates and more on our private FB group!

Crude Oil Futures Volatility Offers A “Different Market Personality” Than Stock Index Futures. Here Are Some Of The Things You Need To Know About Day Trading Crude Oil Futures:

by Ilan Levy-Mayer, Cannon Trading Commodities Broker & VP

Crude Oil is one of MY favorite futures market for day trading. Before I dive in and share with you how the volatility in crude oil fits my risk tolerance for day trading and provide a couple of chart examples, we should review some of the specifications of Crude Oil Futures.
Crude Oil Futures have monthly expiration. So each month we trade a different contract month, so one needs to know when is the first notice day and last trading day for crude oil futures in order to always make sure we are trading the proper month with the most liquidity and avoid any chance of getting into delivery situation.
Next is the contract size. Crude Oil futures are based on 1000 barrels. To be honest from a day trading perspective all I care is that each tick or 1 cent fluctuation is $10 against me or in my favor per contract. That means that a move from 92.94 to 92.74 = $200.

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

Futures Trading Levels

07-14-2022

 

Futures Trading Levels, Support & Resistance

 

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

 

 

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 here in 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 judgement in trading.

Sign Up for Our Market Newsletter Newsletter Archive

Trading Expertise As Featured In

Loading
Loading

Loading

Partners

RISK DISCLOSURE: Past results are not necessarily indicative of future results. The risk of loss in futures trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.
Loading
Loading

Loading