Asset Classes for Futures and Commodities Trading & Trading Levels 3.08.2019 - Support & Resistance Levels

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.

Asset Classes for Futures and Commodities Trading & Trading Levels 3.08.2019


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Asset Classes for Futures and Commodities Trading
By Mark O’Brien, Senior Broker
When we talk about the available commodities tradings markets, we tend to group them into categories or sectors or asset classes based on their likeness and similarity.
Below we’ll highlight the main asset classes, include some of the more well-known commodity trading futures contracts as examples as well as some other information useful for traders.
Currencies: With all the different types of currency being exchanged in this world as a means of making transactions, some are so widely used – and trusted – there are also available specific currency futures contracts as a means of trading large blocs of that particular currency. Some of the more prominent futures contracts are the Euro (equal to trading €125000), the Japanese Yen (equal to trading ¥12,500,000) and the British Pound (equal to trading £62,500). Other important currency futures contracts include the Swiss Franc, Australian & Canadian dollars and Mexican Peso. These markets are traded on the Chicago Mercantile Exchange 23 hours a day, from 5:00 P.M. around the clock to 4:00 P.M, Central Time.
Energies: While there are hundreds and hundreds of energy futures contracts listed on the NYMEX exchange – sub-categorized under asset classes like coal, electricity, ethanol, crude oil, natural gas and refined products – hands down the all-time trading leaders in terms of daily volume number just five: West Texas Crude Oil, Brent Crude Oil, Reformulated Unleaded Gas, Henry Hub Natural Gas and Ultra-Low Sulphur Diesel, more commonly known as Heating Oil. Like all futures contracts, energy futures are leveraged products. For example, one Crude Oil futures contract controls 1,000 barrels of the product. Energy products influence every facet of our lives. Not surprisingly, they are some of the most widely traded futures contracts in the world.

Good Trading

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.


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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.

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