Monday Looks Like a Great Day for Online Futures Trading, August 30th

Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

Monday Looks Like a Great Day for Online Futures Trading, August 30th, 2010

“Learn From Mistakes”

We bounced pretty good from major support early this morning. Some levels to pay attention to as we start a new week in the mini Dow chart below. Until then, relax, clear your head from trading, “what you could have done and should have done” etc…..write a journal if needed, learn from mistakes when you can but don’t let negative energy hurt your trading.

Have a great weekend!

YM - E-Mini Dow Futures - $5 Multiplier, Equalized Active Daily Continuation

YM – E-Mini Dow Futures – $5 Multiplier, Equalized Active Daily Continuation

GOOD TRADING!

Futures Trading Levels

Futures Trading Levels

 

This Week’s Calendar from Econoday.Com
All reports are EST time

Another great source for economic reports around the globe with “report importance indicator” at: http://www.forexfactory.com/calendar.php

Monday, August 30th – http://mam.econoday.com/byweek.asp?cust=mam

  • Personal Income and Outlays
    8:30 AM ET
  • 4-Week Bill Announcement
    11:00 AM ET
  • 10-Yr TIPS Announcement
    11:00 AM ET
  • 3-Month Bill Auction
    11:30 AM ET
  • 6-Month Bill Auction
    11:30 AM ET

Disclaimer:
Trading commodity futures and options involves substantial risk of loss. The recommendations 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 futures 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!

 

Tags: > > > Posted in: Commodity Trading   | Day Trading   | Day Trading Webinar   | Future Trading News   | Futures Trading  

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