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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!

Future Stock Indices Due for Rollover, September 9th, 2010

Posted on by Ilan

Please note that Equity Indices products; TF, ES, NQ, EMD and YM roll on Thursday the 9th at 8:30 am Chicago time from the September 2010 contract to the December 2010 contract. The month code for December is ‘Z’. It is recommended that all new positions be placed in the December contract as of Thursday’s trade date. Please close any open September Currencies positions by the close on Friday the 10th. Should you have any further questions please contact your futures broker.

Continue reading “Future Stock Indices Due for Rollover, September 9th, 2010”

The Return of Traders Should Make for Better Market Rhythm, September 8th, 2010

Posted on by Ilan

“An Odd Rhythm Today After the Long Weekend”

Market had some what of an odd rhythm today after the long weekend. We saw big moves in both currencies and bonds. I think that we should see clearer picture tomorrow as more traders will be back after Labor day + we have a few economic reports while today we did not have any reports.
Some levels to watch for tomorrows action from the hourly chart below.

SP 500 Day Trading
SP 500 Day Trading

Continue reading “The Return of Traders Should Make for Better Market Rhythm, September 8th, 2010”

Will Stock Index Futures Upside Momentum Continue?

Posted on by Ilan

“We are Trading Right Against a Major Retracement Level at 1106.50”

I mentioned a couple of days ago that this morning report will determine if we can reach the 1100’s on the SP. Well the answer turned out to be YES. As always in the futures business the current question of what’s next is more important than the previous one….

Well we are trading right against a major retracement level at 1106.50.

As long as pull backs do NOT break 1093, my bias is to the upside. Tuesday should be interesting as we should get an indication if the upside momentum has more legs or not.

Until then, enjoy the long weekend, recharge. Keep in mind the regular session is closed Monday but there is a night session Sunday night and Monday night. More info below.

SP 500 Day Trading
SP 500 Day Trading

Holiday schedule at:
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https://www.cannontrading.com/community/newsletter/
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Continue reading “Will Stock Index Futures Upside Momentum Continue?”

Unemployment Numbers are The Deciding Factor for Futures Trading

Posted on by Ilan

“It’s a Wild Ride, so Hang on with Everything You’ve Got!”

Unemployment numbers tomorrow will provide some action ahead of the long weekend.

Holiday schedule at:
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https://www.cannontrading.com/community/newsletter/
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Non Farm Payroll Report
Non Farm Payroll Report

Continue reading “Unemployment Numbers are The Deciding Factor for Futures Trading”

Stock Index Futures Start September with a Rally, September 2nd 2010

Posted on by Ilan

September Started Out with an Impressive Rally!

The slew of reports due tomorrow and Friday, will determine if this market will visit 1093 followed by 1106 or if this is the extend of the bounce. If I had to guess based on the momentum, I would say there is a good chance we will visit the 1100 area but of course this is just a guess….

Daily chart of Mini SP 500 for your review.

E Mini SP 500 Daily Chart
E Mini SP 500 Daily Chart

Continue reading “Stock Index Futures Start September with a Rally, September 2nd 2010”

September May Provide More Volatility for Futures Market, September 1st 2010

Posted on by Ilan

Wishing all of you a great trading month in September!

Since we start a new month, I thought a monthly chart of SP 500 would be appropriate for longer term view.
My overall stance is leaning towards the bear camp.

I think that 1000-1017 are is very important support and if we break below it can accelerate selling towards 941 level very fast. On the other hand as long as that support holds the market will trade in a wide range between the 1000 level and 1115 area.

SP - Standard & Poor's 500-Pit (S&P 500), Monthly COntinuation
SP – Standard & Poor’s 500-Pit (S&P 500), Monthly COntinuation

Continue reading “September May Provide More Volatility for Futures Market, September 1st 2010”

The Time for Online Futures Trading is Now, August 31st 2010

Posted on by Ilan

“A Recipe for a much Different Trading Day”

We have a full day of reports tomorrow, including FOMC MINUTES. that should be a recipe for a much different trading day than we had today.

I would categorize today’s session, as lower volume, lower volatility but yet wide enough ranges on the stock indices to produce different set ups to go with the reversal trend. If I had to guess for tomorrow session, I would guess higher volatility with swings in both direction. Knowing what type of trading day you are in early enough or the type of personality the market is having on any certain trading day is HUGE in my opinion as different types of trading days require different approaches/ methods and trading style.

Continue reading “The Time for Online Futures Trading is Now, August 31st 2010”

Monday Looks Like a Great Day for Online Futures Trading, August 30th, 2010

Posted on by Ilan

“Learn From Mistakes”

We bounced pretty good from major support early this morning. Some levels to pay attention to as we start a new week in the mini Dow chart below. Until then, relax, clear your head from trading, “what you could have done and should have done” etc…..write a journal if needed, learn from mistakes when you can but don’t let negative energy hurt your trading.

Have a great weekend!

YM - E-Mini Dow Futures - $5 Multiplier, Equalized Active Daily Continuation
YM – E-Mini Dow Futures – $5 Multiplier, Equalized Active Daily Continuation

Continue reading “Monday Looks Like a Great Day for Online Futures Trading, August 30th, 2010”

Promising Outlook on Online Futures Trading for August 27th 2010

Posted on by Ilan

“Potential for Trades on Both Sides”

Market is showing weakening signs. We need to hold previous lows of 1037 and rally in order to gain any upside momentum. Break of this level can bring 1000.75 much quicker.

I have a feeling traders will have potential for trades on both sides depending on volatility and pre market GDP report tomorrow.

A chart of the SP 500 CASH INDEX for your review below:

SPC5 - Standard & Poor's 500 Index (S&P 500), Daily
SPC5 – Standard & Poor’s 500 Index (S&P 500), Daily

Continue reading “Promising Outlook on Online Futures Trading for August 27th 2010”

Strong Start for Online Futures Trading, Day Trading Webinar and Levels for August 26th 2010

Posted on by Ilan

“Day Trading Webinar and Levels”

Below is a screen shot from today’s “Live Chart” service I provide. If you are interested in 2 weeks free trail,

please visit: https://www.cannontrading.com/tools/intraday-futures-trading-signals

EPUO - E-mini S&P 500, Sep 10, 10000 Contracts : Constant Volume Bar
EPUO – E-mini S&P 500, Sep 10, 10000 Contracts : Constant Volume Bar

Continue reading “Strong Start for Online Futures Trading, Day Trading Webinar and Levels for August 26th 2010”

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.