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Category: Commodity Trading

Investment is a game of money of securing future money by taking a risk today. Trading therefore comes with a list of rules to play by. Commodity trading in particular offers tremendous potential for becoming a completely different asset class.

However, before investing in any kind of commodity, you must do an in depth research and also ask your broker as many questions as possible. Through this category archive we provide you as much information and valuable insights into the world of commodity trading.

We at Cannon Trading are here to help you with your commodity trading needs. You as a trader should select your commodity trading advisor only after performing a due diligence on him/her. We in fact do that for you. This way, you get only the best advice to help you with your commodity trading.

We’ve got the information that you might need at every step of commodity trading, and you’ll find it all right here in the commodity trading section of our blog. Read up, and read on to get equipped!

Different Ways to Enter Futures Trades 6.10.2015

Posted on by Ilan

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Wednesday June 10, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Hello Traders,

A Few Ways to Enter Trades – Day Trading 101 Continues

An important part of trading is trade entry. Assuming a trader knows why he/she is about to enter a trade, the next step sounds simple right?

Read More at:
http://www.financemagnates.com/executives/insights/few-way-to-enter-trades-day-trading-101-continues/

Continue reading “Different Ways to Enter Futures Trades 6.10.2015”

Futures Levels & Economic Reports 6.05.2015

Posted on by Ilan

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Friday June 5, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

 

Hello Traders,

There will be no market commentary today. Thank you.

Continue reading “Futures Levels & Economic Reports 6.05.2015”

Futures Chart Patterns & Economic Reports 6.04.2015

Posted on by Ilan

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Thursday June 4, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Hello Traders, 

Before Your next Trade, learn to recognize charts and patterns!

Learning the different types of charts and patterns will be another arsenal in your Trading Tools!

Ascending Triangle Futures Trading Chart Pattern Continue reading “Futures Chart Patterns & Economic Reports 6.04.2015”

Different Types of Trading Days 6.02.2015

Posted on by Ilan

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Tuesday June 2, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Hello Traders,

The first trading day of June 2015 was a wild ride in many markets….almost as if the markets were quite confused on the direction for the month and traded very choppy with “unexplained, fast moves” both ways. I saw this in stock index futures, metals, currencies and even the grain sector…

As traders we need to learn how to adapt quickly, sense what type of trading day is developing in front of us and trade accordingly.

I wrote the following a while back and shared it before but worth sharing again as refresher:

  • In my opinion there are 3 main types of trading days.

1. The most common day are two sided trading action with swings up and down – this type of trading day is most suitable for using support and resistance levels along with overbought/oversold indicators.

2. Strong trending days, mostly one directional – this type of trading day is the least common, many times will happen on Mondays and maybe 3-5 times a month at most – this type of trading day is most suitable for using ADX, MACD crossovers and pretty much looking for pullbacks to jump on the trend.

3. Slow and/or choppy trading days – this type of trading day is best suited for taking small profits from the market by looking at volume spikes, using stochastics as possible entry signals and usually wait for a pullback before jumping in.

Continue reading “Different Types of Trading Days 6.02.2015”

30 Yr Bond Futures & Crude Oil Futures 5.29.2015

Posted on by Ilan

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Friday May 29, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Hello Traders,

Time sure does tick a bit different in the commodities and futures world….

Some traders know time has passed quickly when it is time to change to the Sept. contract versus the June contract ( like we are doing with BONDS right now), others may notice it when they think “wow, monthly unemployment is next Friday, time sure flies…” and still other traders, perhaps professionals and money managers notice it when one month ends and another starts and it is time to share monthly results with their clients…..

Either way you look at it, hope June will be a great trading month!

Today I want to share a couple of market behaviors with you, I have noticed in the past.

The first is US Bonds trading behavior on the last trading day of the month on the last 15 minutes of the old pit session, i.e. 13:45 to 14:00 central time.

While I did not spend any time trying to predict the direction of the move, I seen it many times, the bonds will make a 10-15 ticks ( 15 tick in bonds = $500 per contract) move during the last 15 minutes as large traders position themselves ahead of months close.

Continue reading “30 Yr Bond Futures & Crude Oil Futures 5.29.2015”

Emini Range Bar Charts & Economic Reports 5.28.2015

Posted on by Ilan

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Thursday May 28, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Hello Traders,

Volume the last two days MUCH better than past few weeks on stock index futures.

It seems that NASDAQ is leading the way, higher OR lower….

Was asked by some clients who use my ALGO in regards to what settings I like for day trading the mini NASDAQ.

In general for almost all markets I like to look at an hourly chart, followed by 15 minute chart and then go down to a RANGE chart. In case of mini RUSSELL and crude oil for example I use 18 ticks range chart.

In the case of the mini NASDAQ I like to use the 27 ticks range bar chart as you can see below BUT I must say that from my personal experience I like to trade the following in this order:

  • Mini Russell
  • Mini SP 500
  • Mini Dow
  • Mini NASDAQ…..
ENQ - E- Mini Nasdaq-100, Equalized Active Continuation, Primary Session:Range Bar, 27 Tick Units
ENQ – E- Mini Nasdaq-100, Equalized Active Continuation, Primary Session:Range Bar, 27 Tick Units

You can subscribe to a free trial for the different custom indicators I created as well as my main 3 ALGOS at:

Continue reading “Emini Range Bar Charts & Economic Reports 5.28.2015”

Daily Heiken-Ashi Chart of the Mini S&P 5.27.2015

Posted on by Ilan

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Wednesday May 27, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Hello Traders,

Some what of a sell off today although the market bounced pretty good of the lows before the close.

Volume has been very low this past 2 months. take a look at the chart below and see how volume has been consistently below its 12 day moving average since mid March.

I must admit indices have been hard to trade, at least for me personally. I have been having more luck with bonds and Crude oil than the mini SP and mini Russell. I hope that volume and volatility like today will return sooner than later to stock index futures.

Daily Heiken-Ashi chart of the mini SP below for your review along with potential targets above and below:

EP - E-Mini S&P 500, Equalized Active Daily Continuation:Heikin-Ashi
EP – E-Mini S&P 500, Equalized Active Daily Continuation:Heikin-Ashi

  Continue reading “Daily Heiken-Ashi Chart of the Mini S&P 5.27.2015”

Automated Futures Trading Systems & Economic Reports 5.21.2015

Posted on by Ilan

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Thursday May 21, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Hello Traders,

Volume has been pretty pathetic these past few weeks…somewhat scary to think of new highs being made on such light volume….It will sure be nice when the FEDS steps out of the market and let free market forces return to action. My guess that time will come sooner than later….

Memorial Day weekend is this weekend, please visit holiday trading hour at:

https://www.cannontrading.com/tools/support-resistance-levels/memorial-day-holiday-globex-ice-futures-holiday-schedule-2015/

Also on a different note, here is the latest round of results from an auto traded system we MANAGE for clients ( i.e no action required on behalf of client once you decide to join BUT you can see trades in real time if you like).

This system is up approximately 94% in profits since inception of live trading in January 2014!! NET (assuming you started Jan 2nd 2014 with $21,000 and took all trades every month)

If you have an interest, please reply to this  email or call us at 800-454-9572:

STARTER System performance

NET, for clients’ live accounts trading the entire month’s trades and after deducting commissions and system fees

Recommended Account Size: $21,000; minimum: $18,000

STARTER

      2014

  2015
        Jan. 2014

$930

($3,918.00)
        Feb.

12,500

($1,162.00)
        March

$4,200.00

$5,308.00
        April

($3,700)

$3,240.00
        May

$6,400.00

$1,760.00
        June

$500.00

 
        July

$3,000.00

 
        Aug.

($2,145.00)

 
        Sept.

($6,093.00)

 
        Oct.

$2,160

 
        Nov.

($8,399.00)
        Dec.

$5,620
        YTD

$14,973

$5,228.00

 

 

About ExitPoints’  STARTER System:

These are intraday breakout systems that trade from a portfolio of futures markets – 20 markets for SCORE and 7 markets for STARTER. The systems trade only one trade per market per day and all trades are exited by the end of the day’s trading session.

For STARTER, the average number of trades per month for the portfolio of 12 markets is 1 round turns, or trades per day (based on a 5-year study).

These systems are auto-traded based on trading instruction files the developer sends over to Cannon Trading.  The files’ trading instructions are downloaded to a platform and auto-executed on behalf of our clients’ accounts – under a letter of direction agreement.

Continue reading “Automated Futures Trading Systems & Economic Reports 5.21.2015”

Memorial Day Holiday Globex & Ice Futures Holiday Schedule 2015

Posted on by Ilan

Globex® Memorial Day Holiday Schedule

Equity Products

Friday, May 22

1615 CT / 1715 ET / 2115 UTC – Regular close

Sunday, May 24

1700 CT / 1800 ET / 2200 UTC – Regular open for trade date Tuesday, May 26*

Monday, May 25

1200 CT / 1300 ET / 1700 UTC – Trading halt (pre-open)

1700 CT / 1800 ET / 2200 UTC – Products resume trading

Tuesday, May 26

1615 CT / 1715 ET / 2115 UTC – Regular close

 

Interest Rate & FX Products

Friday, May 22

1515 CT / 1615 ET / 2015 UTC – Early close

Sunday, May 24

1700 CT / 1800 ET / 2200 UTC – Regular open for trade date Tuesday, May 26*

Monday, May 25

1200 CT / 1300 ET / 1700 UTC – Trading halt (pre- open)

1700 CT / 1800 ET / 2200 UTC – Products resume trading

Tuesday, May 26

1600 CT / 1700 ET / 2100 UTC– Regular close

Continue reading “Memorial Day Holiday Globex & Ice Futures Holiday Schedule 2015”

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.