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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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This is a screen shot of my mini SP chart from last 2 days along with possible buy and sell triggers:
For a free trial: https://www.cannontrading.com/tools/intraday-futures-trading-signals
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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Daily chart of the mini SP 500 for your review below.
The market tested a moving average I use to determine uptrend versus downtrend and bounced nicely to START with….
Price action over next few days will be interesting to watch.
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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Words of wisdom for today….learn to play the markets from the long and short side…This applies to too many clients/traders who always want to attack the stock index futures from the short side as they wait for the correction….While correction may come sooner or later, as DAYTRADER, you need to be objective and learn to play both the short and long side per your methods and rules. Take the emotional bias you have out.
Two systems we like to share with you below. One is a mini SP day trading system, the other is a gold trading swing system. These are AUTO traded systems and can be used in addition to your trading account OR if you don’t have time, emotion capacity to trade your own account, you can be active in the markets by letting the ALGOS work for you:
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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If you can’t view video directly via email, click here to view the video:
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Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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Finally….some volatility in stock index futures….maybe they got offended reading the blog yesterday where I wrote about “other markets to day trade other than mini SP500….”
Please visit and read a recent interview with me at:
Daily chart of the mini SP 500 for your review below with possible levels of support, resistance and more:
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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With stock index futures trading at historical LOW volatility, I thought this would be a good time to share something I wrote last year about “other markets to day trade other than the mini SP…..”
Each market has a different personality, different behavior along with different times of the day when it is most active. If you are finding that the ES (mini SP) is not giving you enough risk/opportunities then start monitoring a couple of other markets and perhaps explore them in demo / simulated mode.
I think that there are more than a few markets that are suitable for day-trading. Below you will find some observations, tips along with what are unique about these markets, personality and most active trading hours.
Interest rates Futures:
In most platforms, the symbols are ZB for 30 year bonds and ZN for 10 year notes.
Continue reading “Life after mini SP 500…..Other markets for daytrading 3.21.2017”
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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No words of wisdom today…..
Good reading on seasonal spreads and seasonal tendencies at:
https://www.cannontrading.com/tools/the-seasons-of-the-futures-market
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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Don’t have time to trade? looking for diversification to your own trading?
TRADE SMART / TRADE SYSTEMS — for the current rankings as well as actual performance of trading systems traded at Cannon, click here.
Cannon Trading Company, (member of the NFA, CFTC, and BBB) has been incorporated in Beverly Hills since 1988 and we take great pride in the service we provide our clients.
View Live Trading results and Rankings for Multiple Systems here
Trading systems have advantages and disadvantages in our opinion. One of the many benefits of an automated trading system is the intrinsic discipline to avoid forcing a trade to occur if it does not conform to the stated overall strategy.
That being said, the commodity futures market entails a large amount of price risk so we advocate that only risk capital be allocated to this product.
For detailed information about each system, yearly results, description of strategy, capital required and much more, please visit our trading systems center.
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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* Big day tomorrow.
We have FOMC, crude oil numbers, Housing numbers, CPI……..Little note about trading on FOMC below:
** The FOMC interest rate decision is due at 2:15 ET in the US tomorrow.
FOMC days have different characteristics than other trading days. If you have traded for a while, check your trading notes from past FOMC days that may help you prepare for tomorrow.
if you are a newcomer, take a more conservative approach and make sure you understand that the news can really move the market.
The following are suggestions on trading during FOMC days:
