Open An Account
Free Demo Account Subscribe Here

Category: Commodity Brokers

Whether a person or a firm, a commodity broker is there to help you with your commodity trading needs. They either have a team of commodity traders under them or a platform that they manage electronically.

For all commodity trading beginners, commodity brokers are a point of contact that can be approached with individual commodity trading needs. To do good in commodity trading, it is important to take the advice of the commodity broker seriously. Under this category archive we discuss everything about commodity brokers and their expert skills.

We at Cannon Trading are there to help your commodity trading requirements. Whether you want to consult us and seek advice or to play a more active role for you in the markets, we are there to serve you with the best of our services. It is essential for you to choose only a certified broker and so, you can always trust us when it comes to qualifying on all quality parameters. No matter which commodity interests you, our trading experts give you the right and real-time advice always. Read our archive; share posts with your friends; or bookmark this page to stay up-to-date on commodity brokers.

New Video | Support and Resistance Levels

Posted on by Ilan

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for February 15, 2012

1. Market Commentary

Hello Traders,

About 6-7 minutes video is now posted on how to use the trailing stop feature in our AT ( Active Trader) platform, along with small example of how I use overbought/ oversold conditions along with support and resistance to enter trades.

Any feedback is welcomed as we plan on producing additional educational videos

 

2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000

Contract (Dec. 2011) SP500
(big & Mini)		 Nasdaq100
(big & Mini)		 Dow Jones
(big & Mini)		 Mini Russell
Resistance Level 3 1356.83 2587.17 12903 835.20
Resistance Level 2 1351.77 2577.83 12862 830.10
Resistance Level 1 1348.13 2572.67 12838 823.40
Pivot Point 1343.07 2563.33 12797 818.30
Support Level 1 1339.43 2558.17 12773 811.60
Support Level 2 1334.37 2548.83 12732 806.50
Support Level 3 1330.73 2543.67 12708 799.80

Continue reading “New Video | Support and Resistance Levels”

Tuesday Morning Support and Resistance Numbers

Posted on by Ilan

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3—————————————— Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 13641358.75

 

1353

 

1345.25

 

1340.75

 

1333.75

 26482583.50

 

2575

 

2559

 

2550

 

2535

 1300112894

 

12866

 

12804

 

12783

 

12734

 843.40832

 

825

 

819.5

 

815.9

 

810.3

 1440614321

 

14303

 

14217

 

14207

 

14120

 1312613121.5

 

13116

 

13104

 

13031.5

 

13028.5

Continue reading “Tuesday Morning Support and Resistance Numbers”

STOPS: Why Don’t We Keep Them | Support and Resistance Levels

Posted on by Ilan

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for February 10, 2012

1. Market Commentary

Hello Traders,

Wishing everyone a great weekend and good trading week to come.

Another article we published before but the information is timeless, for your weekend reading pleasure:

STOPS: Why Don’t We Keep Them
by RealityTrader on Jan 19, 2011

With everything said and written on the subject of stops, it should be a given that everyone is conditioned to keep them religiously even before they start trading. No matter what source a newer trader turns to, utter importance of stops will be underlined and emphasized up to the degree that keeping them heralded as the ultimate key to success. We all heard adages like “Take care of your losses, profits will take care of themselves.”

Do all the stern warnings work? Not really.

Time and again traders blow their stops, widen them in the course of a trade, hold losing position in the false hope for recovery. If this destructive behavior continues despite all the warnings, there must be deeply rooted reasons for this. As with most trading flaws, failure to keep stops roots in fundamental misconceptions about the very nature of the market and trading. Such misconceptions result in incorrect psychological makeup which, in turn, creates behavioral patterns harmful for a trader’s performance. In order to re-condition oneself it is necessary to work out fundamental, even philosophical if you will, understanding of the market as an environment in which a trader operates.

Let us list and analyze the misconceptions that cause failure to keep stops. Continue reading “STOPS: Why Don’t We Keep Them | Support and Resistance Levels”

March Crude Oil Futures | Support and Resistance Levels

Posted on by Ilan

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for February 10, 2012

1. Market Commentary

Hello Traders,

With stock index futures being relatively quiet, I am sharing a daily chart of March Crude Oil futures where volatility is still present.

My outlook on the daily chart is that a break above the trend line seen ( 100.34) can trigger more upside potential. On the other hand failure and a break of 98 going down can trigger new lows.

Market Commentary Continue reading “March Crude Oil Futures | Support and Resistance Levels”

Friday Morning Support and Resistance Numbers

Posted on by Ilan

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3 —————————————— Resistance Level 2——————————————Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 13531346

 

1341.75

 

1331

 

1329.5

 

1324.25

 2565.52555.5

 

2548

 

2531

 

2513

 

2497

 1289412835

 

12799

 

12734

 

12685

 

12635

 860.00843.4

 

832

 

820.2

 

814.9

 

802.70

 1432114303

 

14226

 

14200

 

14125

 

14117

 1312613121

 

13114.5

 

13025

 

13023

 

13015.5

Continue reading “Friday Morning Support and Resistance Numbers”

Thursday Morning Support and Resistance Numbers

Posted on by Ilan

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3 ——————————————Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1363.751354.5

 

1353

 

1338.5

 

1331

 

1324.5

 2562.52548.5

 

2539

 

2522

 

2505

 

2476

 1300012907

 

12894

 

12789

 

12734

 

12635

 860.00843.4

 

832

 

820.2

 

814.9

 

802.70

 1431414231

 

14214

 

14123

 

14113

 

14021

 1311713111

 

13104

 

13025

 

13023

 

13015.5

Continue reading “Thursday Morning Support and Resistance Numbers”

Daily Chart of the Mini SP 500 | Support and Resistance Levels

Posted on by Ilan

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5. Economic Reports for Thursday, January 4, 2012

divider black 190

1. Market Commentary

The New year started but seems that some trades are still away from the markets as volume is still considerably lower than average. Today’s trading in mini SP is a good example, choppy trade, less than 1.4 Mil contracts and market end up pretty much unchanged….

I am including a daily chart of the mini SP 500 for your review. I suspect that more volume and volatility will return to the markets in the next few days.

514 Continue reading “Daily Chart of the Mini SP 500 | Support and Resistance Levels”

Top Five Commodities to Watch | Canadian Dollar Chart | Support and Resistance Levels

Posted on by Ilan

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Economic Reports for Monday, November 14 2011

divider black 190

1. Market Commentary

This week’s “Top 5 Commodities to Watch”, an article written by Cannon Trading’s senior broker John D. Thorpe, was featured on the Financial Edge section of Investopedia. John introduces Gold, Live Cattle, Corn, Sugar, and energies like Crude Oil, Unleaded Gas and Heating Oil as the commodities to watch over the next month. He then breaks down why investors should be paying attention, citing a variety of international price pressures, seasonal tendencies, and recent government data.

divider black 190

Also below is a daily chart of Canadian Dollar along with the trade reco I sent subscribers yesterday:

Long Dec. Canada

Long at 98.03 limit

stop 97.20

target 99.18

canadian dollar

If you would like to be included on Swing Trade Alerts such as this one,

please send me an email with the following information:

1. Are you currently trading futures?
2. Charting software you use?
3. If you use sierra or ATcharts, please let me know the user name so I can enable you
4. Markets you currently trading?

divider black 190

2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000

Contract (Dec. 2011) SP500
(big & Mini)		 Nasdaq100
(big & Mini)		 Dow Jones
(big & Mini)		 Mini Russell
Resistance Level 3 1278.53 2435.00 12303 775.70
Resistance Level 2 1271.52 2397.50 12217 759.90
Resistance Level 1 1266.63 2375.00 12163 751.30
Pivot Point 1259.62 2337.50 12077 735.50
Support Level 1 1254.73 2315.00 12023 726.90
Support Level 2 1247.72 2277.50 11937 711.10
Support Level 3 1242.83 2255.00 11883 702.50

 

3. Support & Resistance Levels for Gold, Euro, Crude Oil, and U.S. T-Bonds

Contract Dec. Gold Dec. Euro Nov. Crude Oil Dec. Bonds
Resistance Level 3 1823.9 1.4056 101.54 142 1/32
Resistance Level 2 1806.6 1.3926 100.37 141 21/32
Resistance Level 1 1798.0 1.3839 99.69 141 4/32
Pivot Point 1780.7 1.3709 98.52 140 24/32
Support Level 1 1772.1 1.3622 97.84 140 7/32
Support Level 2 1754.8 1.3492 96.67 139 27/32
Support Level 3 1746.2 1.3405 95.99 139 10/32

divider black 190

4. Economic Reports for Monday, November 14, 2011

Industrial Production m/m
5:00am

Mortgage Delinquencies
14th – 18th

Commodities Market Volatility Continues | Support and Resistance Levels

Posted on by Ilan

In this post:

1. Market Commentary
2. Support and Resistance Levels
3. Daily Mini Mini S&P 500 Futures Chart

divider black 190

1. Market Commentary

Volatility remains high and what I wrote the last few days, still holds:

As far as the daily chart, I am now confused again….I got tempted on the short side and got burnt very quickly today….Once again there is a CASE for both sides, bulls and the bears and the potential for a BIG MOVE EITHER WAY is greater than normal as we are sitting on important price levels in the SP500, which has been the leader for the rest of the markets as of the last few weeks. Continue reading “Commodities Market Volatility Continues | Support and Resistance Levels”

Futures Trading Levels, Crude Oil as a Leader of Commodity Prices

Posted on by Ilan

Cannon Trading / E-Futures.com

Crude Oil has been moving the rest of the commodities sector the last few months and has influence on all futures.

Thought I would share a daily chart for review, along with a screen shot of the crude oil set ups I share in my daily live day-trade signals service.

As far as longer term direction for crude, I will need to see which level we can break out first, 104.91 on the upside or 94.54 on the downside. In between, you have wide 410 trading range ( equal to $10,000 per one contract against you or in your favor….)

Daily mini S&P trading chart screenshot from today June 6th, 2011

Stock futures trading chart levels for Monday June 6th, 2011

Intra-day trading chart screenshot from today June 6th, 2011

Intra-day chart: (blue diamond = potential buy, red diamond = potential sell)

Stock futures trading chart levels for Monday June 6th, 2011 Continue reading “Futures Trading Levels, Crude Oil as a Leader of Commodity Prices”

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.