Open An Account
Free Demo Account Subscribe Here

Author: Ilan

COT Reports and Other Valuable Information Available from the CFTC 4.20.2018

Posted on by Ilan

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

____________________________________________________________________

Dear Traders,

A Quick Review of Valuable  Reports Made Available by the C.F.T.C. for All Traders

By John Thorpe, Cannon Trading Senior Broker

A data source that escapes many futures traders and should be reviewed if you are a serious position trader are the reports compiled on a weekly basis by our chief regulator, The Commodity Futures Trading Commission CFTC. These reports offer insight into market imbalances, liquidity, and large bank, both domestic and international, participation. I encourage all traders, even day traders, to familiarize yourself with these reports as they provide a salient view of market structure given a particular futures contract as the structure changes over time.

There is:

1.) BPR’s “Bank Participation Rate” reports which, by open interest you can view market imbalances. Bank Participation Rate Webpage

Another report compiled by the CFTC is the:

2.) Net position changes. The Large Trader Net Position Changes and the Trading Account Net Position Changes data provides the public with a view of the amount of trading that results in net changes to positions at the trader level and at the account level. Net Position Changes Webpage

https://www.cannontrading.com/tools/support-resistance-levels/quick-review-valuable-reports-made-available-c-f-t-c-traders/

Continue reading “COT Reports and Other Valuable Information Available from the CFTC 4.20.2018”

7 things to know before trading Wheat Futures 4.19.2018

Posted on by Ilan

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

____________________________________________________________________

Author: Joseph Easton, Senior Broker at Cannon Trading

Dear Traders,

  1. The Basics:

There are two types of Wheat most commonly traded…

“Chicago Soft Red Winter (SRW) and KC Hard Red Winter (HRW) are the global industry standards for wheat. Chicago SRW Wheat is the most liquid Wheat futures contract in the world, trading the equivalent of more than 15 million tons each day in 2013-9 ½ times more than the largest European contract. Producers, processors, millers and exporters continue to look to Chicago SRW and KC HRW Wheat for the liquidity that is critical for any risk management solution.

Liquidity means that you can execute positions quickly, effectively and efficiently. Liquidity offers more flexibility in structuring hedging strategies to meet your timing and market needs. And when the world is facing new challenges in Wheat risk management, liquidity provides the security you need in order to respond with confidence” – CME Group

84ed7e45 9d87 4182 ac9a 5b675b331a0e

Continue reading “7 things to know before trading Wheat Futures 4.19.2018”

A Quick Review of Valuable Reports Made Available by the C.F.T.C. for All Traders

Posted on by Ilan

By: John Thorpe, Cannon Trading Senior Broker 

A data source that escapes many futures traders and should be reviewed if you are a serious position trader are the reports compiled on a weekly basis by our chief regulator, The Commodity Futures Trading Commission CFTC. These reports offer insight into market imbalances, liquidity, and large bank, both domestic and international, participation. I encourage all traders, even day traders, to familiarize yourself with these reports as they provide a salient view of market structure given a particular futures contract as the structure changes over time.

There is:

1) BPR’s “Bank Participation Rate” reports which, by open interest you can view market imbalances. Bank Participation Rate Webpage

Another report compiled by the CFTC is the:

2) Net position changes. The Large Trader Net Position Changes and the Trading Account Net Position Changes data provides the public with a view of the amount of trading that results in net changes to positions at the trader level and at the account level. Net Position Changes Webpage Continue reading “A Quick Review of Valuable Reports Made Available by the C.F.T.C. for All Traders”

Day Trading Crude Oil Futures & Levels 4-18-2018

Posted on by Ilan

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

____________________________________________________________________

Dear Traders,

With the energy numbers coming out tomorrow, which impact crude oil quite a bit, I thought it would be a good time to share this article I wrote once again:

Crude Oil Futures volatility offers a “different market personality” than stock index futures. Here is 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.

Continue reading “Day Trading Crude Oil Futures & Levels 4-18-2018”

7 Things to Know Before you Start Trading Wheat Futures

Posted on by Ilan

Author: Joseph Easton, Senior Broker at Cannon Trading

  1. The Basics:

There are two types of Wheat most commonly traded…

”Chicago Soft Red Winter (SRW) and KC Hard Red Winter (HRW) are the global industry standards for wheat. Chicago SRW Wheat is the most liquid Wheat futures contract in the world, trading the equivalent of more than 15 million tons each day in 2013–9 ½ times more than the largest European contract. Producers, processors, millers and exporters continue to look to Chicago SRW and KC HRW Wheat for the liquidity that is critical for any risk management solution.

Liquidity means that you can execute positions quickly, effectively and efficiently. Liquidity offers more flexibility in structuring hedging strategies to meet your timing and market needs. And when the world is facing new challenges in Wheat risk management, liquidity provides the security you need in order to respond with confidence” – CME Group

  • Types of  Wheat Futures: Chicago SRW Wheat Futures  and KC HRW Wheat Futures
  • Contract specifications: One contract (5,000 bushels) of deliverable (~ 136 Metric Tons)
  • Common Symbol:  CME Globex: ZW  and CME Globex: KE

Continue reading “7 Things to Know Before you Start Trading Wheat Futures”

What will the Markets do Tomorrow? Levels for 4.17.2018

Posted on by Ilan

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

____________________________________________________________________

Dear Traders,

If you as a trader would like to chat and exchange ideas with one of our series 3 executives, please feel free to schedule a time for one on one “consultation”. Regardless if you are a client or not, trading can sometimes be a lonely adventure. Our brokers may be able to provide you insight from years of experience, observing other clients, assisting clients with trading and much more! I myself, have picked up many “little ins and outs” by talking to my colleagues, other professionals, webinars and more.

This is a free, no obligation invitation:

https://www.cannontrading.com/services/traders-profile

Continue reading “What will the Markets do Tomorrow? Levels for 4.17.2018”

Trading Signals Free Trial & Futures Trading Levels 4.13.2018

Posted on by Ilan

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

____________________________________________________________________

Dear Traders,

Below you will see my chart along with my turning points signals.

This is 10 range bar chart for the mini SP chart which also displays my proprietary ALGOS.

10 range bar chart for the mini SP chart which also displays my proprietary ALGOS

These ALGOS along with a 15 minutes one on one session is available for a free trial.

To sign up and more info visit: https://www.cannontrading.com/tools/intraday-futures-trading-signals

Continue reading “Trading Signals Free Trial & Futures Trading Levels 4.13.2018”

Futures Trading Guide – Levels & Reports for April 11th 2018

Posted on by Ilan

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

____________________________________________________________________

Dear Traders,

Read our guide which outlines some important futures day trading concepts. It may be beneficial to read this guide before trading commodities on the futures market.

My name is Ilan Levy-Mayer and I am the Vice President and Senior Futures Broker at Cannon Trading.  

I came up with the following personal observations after serving online traders worldwide for more than 20 years.

The following steps are guides to progress, and are not necessarily in sequential order. Some of them are always required, but each futures trader is different and will relate to these stages in their own ways. While attempting to learn and progress, one must keep in mind that futures trading is risky and can involve significant losses.

  1. Education

Hopefully if you are already trading you have completed your initial education: contract specs, trading hours, futures brokers, platforms, the opportunities as well as the risk and need to use risk capital in futures, and so on. Understanding this information is essential to futures commodities trading. The second type of education is ongoing: learning about trading techniques, the evolution of futures markets, different trading tools, and more.

Continue reading “Futures Trading Guide – Levels & Reports for April 11th 2018”

Futures Trading Levels & Economic Reports for April 10th 2018

Posted on by Ilan

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

____________________________________________________________________

Dear Traders,

Intra-day as well as day to day volatility continues to be extremely high.

I hate sounding like a broken record but one must adjust their trading, money management and more to be able to survive in this high volatility period.

Review your trading, do some homework every day. be honest with yourself and adjust where you need to adjust.

Make sure you are trading the right size?

working with stops?

Reviewing your settings for targets and stops?

Keeping a journal?

Trading is not easy and if you don’t put the time and effort to try and be better the bottom line in your account will reflect this.

30 Minute chart of the NQ for your review below…..I marked the dollar value against you if you were wrong from high to low to make a point of the HUGE volatility. Over $3,000 per ONE contract…..

ENQ - E-mini NASDAQ-100, Equalized Active 30 Min Continuation Chart

Continue reading “Futures Trading Levels & Economic Reports for April 10th 2018”

Futures Trading Levels & Reports for April 6th 2018

Posted on by Ilan

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

____________________________________________________________________

 Three Things to Keep in Mind for Friday’s Employment Report:

  • Overall pace of U.S. hiring has eased to 1.4-1.6% from 2.2% in 2014
  • Average hourly earnings grew by 2.6% yearly since 2016 from 2% 2010 through 2015
  • Does Fed’s current tightening cycle reflect concern over asset prices?
  • Unemployment might be within 0.3-0.6% of hitting bottom at around 3.5-3.8%
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.