Webinar tomorrow on 7 trading set ups for your review + Trading Levels for 02.11.2020
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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Dear Traders,
Recent volatility, especially in the NQ futures is something else….makes a great case for the MICRO NQ or the MNQ being 1/10th of the size.
High to low today in the NQ was about $3000 per contract….its a bit more manageable when the MNQ is $300 per contract difference between high to low….
Position size is a BIG element of trading and the MICROS do help with that quite a bit especially for the ES and NQ ( MES and MNQ)
7 Most Effective Trading Setups
In this session, we’ll take a look at what makes a good trading setup, then we’ll look at Peter’s top 7 trading setups.
For each trading setup, we’ll consider the following
– What the setup is
– Which market conditions it works best in
– Why the setup works
– Who is on the wrong and right side of the trade if it works out
– How to identify it’s working out
– How to identify if it’s not working out
– Typical Risk:Reward
Risk: 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
After registering, you will receive a confirmation email containing information about joining the webinar.
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7 Most Effective Trading Setups
In this session, we’ll take a look at what makes a good trading setup, then we’ll look at Peter’s top 7 trading setups.
For each trading setup, we’ll consider the following
– What the setup is
– Which market conditions it works best in
– Why the setup works
– Who is on the wrong and right side of the trade if it works out
– How to identify it’s working out
– How to identify if it’s not working out
– Typical Risk:Reward
What you will see is that although the setups are different, there’s lots of things in common with them. Instead of learning 7 different skills, we are taking a few skills and applying them in different scenarios.
With these 7 setups, you would certainly expect to find multiple trades per day on most market, but patience is still key because we want to get in when conditions are just right.
For those looking for new setups or those looking to improve the way they confirm/manage their existing setups – this webinar is for you.
Risk: 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
After registering, you will receive a confirmation email containing information about joining the webinar.
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Futures Trading Levels
02-11-2020
Economic Reports, source:
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.
Posted in: Future Trading News
