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Category: Currency Futures

In simple terms, a currency futures contract is a futures contract where you agree to exchange one currency for another, on a specified date at a price that is fixed on the date when the contract is purchased.

Having been around since the 1970s, currency futures are counted as medium to high risk contracts. One thing worth knowing about forex is that they are not traded on a centralized exchange, futures currencies however do and that is an advantage for traders in our opinion. Now, in order to bring down the risk of trading currency futures, one can rely on hedging. This blog archive on currency future lists a number of write-ups on currency futures and hedge funds.

At Cannon Trading, we can help you with all that you need to know about currency futures trading. Our professional team educates and assists you in dealing with tricky trade situations. Please do read the informative articles that have been listed under this category.

June First Notice/Last Trading Days, mini-SP lows; Your 3 Important Need-To-Knows for Trading Futures on June 10th, 2025

Posted on June 9, 2025 by Cannon Operations

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Fist Notice and Last Trading Dates for June.

Today was one of the lowest volume days I’ve seen in the mini-SP (ES or EP) contract in 2025!

Not sure if the market got tired from recent volatility?

Perhaps summertime and waiting for news?

But as a trader, especially a day trader, note that recently we have seen more choppy, lower volume days than strong trending days.

Below are the contracts which are entering First Notice or Last Trading Day for June.

Be advised, for contracts that are deliverable, it is requested that all LONG positions be exited two days prior to…

First Notice and ALL positions be exited the day prior to Last Trading Day.

Daily Levels for June 10th, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time ( New York)

Find us on Trustpilot

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.

You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment.

Opinions, market data, and recommendations are subject to change at any time.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

Juneteenth 2025 Trading Schedule – Your Important Info for Trading Futures during the 3-day Juneteenth Window

Posted on June 9, 2025 by Cannon Operations

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Juneteenth 2025 Trading Schedule

juneteenth

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.

You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment.

Opinions, market data, and recommendations are subject to change at any time.

Cannon Trading Co., Inc.

12100 Wilshire Blvd.

Suite 1640

Los Angeles, CA 90025 US

CPI, PPI, WASDE, NFP, Futures Spreads, July Silver; Your 5 Important Need-To-Knows for Trading Futures the Week of June 9th, 2025

Posted on June 6, 2025 by Cannon Operations

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Cannon Futures Weekly Letter

In Today’s Issue #1245

The Week Ahead – CPI, PPI, Inflation and WASDE
Futures 102 – Understanding Futures Spreads
Hot Market of the Week – July Silver
Broker’s Trading System of the Week – Mini NASDAQ Day Trading System
Trading Levels for Next Week
Trading Reports for Next Week

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

cpi

CPI, PPI, NFP

Non-Farm Payrolls (NFP) came and went, the equities market liked the results. This week will feature a major Agricultural report WASDE, supply and demand numbers from around the globe, CPI and PPI.

No Fed speakers until after the FOMC Rate announcement 8 business days prior to the next FOMC rate decision, known as the blackout period, that encompasses all of next week. Light earnings, only 77 reporting as we are at the end of earnings season.

We will be rolling the Equity Index contracts to September (U) beginning next Friday.

Remember that current market drivers for Equities are hard data on Jobs, Inflation, Trump tweets (tariff talks not Elon small talk) and Geopolitics.

More volatility to come as next week all markets will be reacting to whatever comes out of the U.S. Govt leadership relating to conflicts cessation and trade deals. Therefore, increased volatility expectations with periodic choppiness as the administration Vs the Courts seem to also be in the middle innings of their tariff battle.

Earnings Next Week:

Mon. Midsize Retailers
Tue. Gamestop, More Retailers,
Wed. Oracle
Thu. Adobe
Fri. quiet

FED SPEECHES: (all time CDT)

Mon. FED
Tues. Black OUT
Wed. Period
Thu. No
Fri. Speakers until June 18th.

Economic Data week:

Mon. Wholesale inventories, Consumer Inflation Expectations
Tue. NFIB Bus. Optimism Index
Wed. CPI, EIA Crude oil stocks
Thur. PPI, Continuing jobless claims, EIA Nat Gas storage, WASDE
Fri. Mich. Consumer Sentiment

Understanding Futures Spreads

Course Overview

This course covers the definition of futures spread trades and why you may want to add spreads to your trading strategy. We will discuss the benefits of spread trading which include potential less risk and cost efficiencies. This course will introduce the different types of spreads used with various products.

START YOUR FREE INTERACTIVE COURSE NOW!

Hot Market of the Week

Hot market of the week is provided by QT Market Center, A Swiss army knife charting package that’s not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs.

Free Trial Available

July Silver

July silver is challenging its contract high from last fall. If the chart can break out with new sustained highs, we have open PriceCounts to the topside with the first objective projecting a possible run to the 38.45 area.

The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved.

It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Brokers Trading System of the Week

Intra NASDAQ Trading System

Market Sector: Stock Index

Markets Traded: NQ -Mini Nasdaq 100

System Type: Day Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $15,000

Developer Fee per contract: $90.00 Monthly Subscription

Get Started

Learn More

Disclaimer The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not necessarily indicative of future results.

IMPORTANT RISK DISCLOSURE

Futures trading is complex and carries the risk of substantial losses. It is not suitable for all investors. The ability to withstand losses and to adhere to a particular trading program in spite of trading losses are material points which can adversely affect investor returns.

The returns for trading systems listed throughout this website are hypothetical in that they represent returns in a model account.

The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real-time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on backadjusted data (backadjusted).

Please read carefully the CFTC required disclaimer regarding hypothetical results below. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW.

NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING.

FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS.

THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

Please read full disclaimer HERE.

Would you like to get weekly updates on real-time, results of systems mentioned above?

Yes

No

Trading Levels for Next Week

Daily Levels for June 9th, 2025

Would you like to receive daily support & resistance levels?

Yes

No

Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Find us on Trustpilot

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

Sierra Charts Futures Platform

Posted on June 3, 2025May 30, 2025 by Ilan

When it comes to choosing the best futures trading platform, Sierra Charts stands out as a top-tier solution designed for speed, precision, and customization. Renowned for its professional-grade features, Sierra Chart software caters to a wide range of users—from those just starting to trade futures to seasoned professionals using an institutional trading platform. With extensive capabilities, the Sierra Charts futures platform is your gateway to superior charting, fast execution, and deep market insight.

At Cannon Trading Company, traders using Sierra Charts benefit from a brokerage with more than 35 years of expertise in futures trading. Cannon Trading offers tailored solutions, expert support, and access to multiple elite platforms. For those exploring trading futures seriously, the partnership between Cannon Trading and Sierra Charts provides a great platform option.

What Makes Sierra Charts Great:

Sierra Charts software is a low-latency, high-performance platform built for futures trading. Designed to support high volume trading with hot keys. The platform is equally accessible to retail traders who also want to have some of the best tools for trading and charting.

Key Benefits of the Sierra Charts Platform:

Real-time Data: Capture every market movement with real-time and historical tick data—ideal for precise trading futures analysis. Only platform at Cannon Trading that offers free real-time market data through Teton
Custom Charting Options: Hundreds of technical studies and custom script capabilities built into the Sierra Charts futures trading platform.
Order Flow Mastery: Use TPO- volume profiles, footprint charts, and a deeply configurable DOM to visualize market activity.
Lightning-Fast Execution: Direct connectivity and server-side OCO/OSO orders make Sierra Chart software one of the most agile platforms for futures trading.

With support for a wide range of data feeds and brokers, Sierra Charts is more than a charting tool—it’s a comprehensive trading platform that adapts to the way you work.

Try a FREE Demo!

10 Tips to Master Sierra Charts for Trading Futures

Maximize your experience with these expert strategies tailored for the Sierra Charts desktop demo or live environment:

Study-Based Alerts: Use subgraphs to trigger alerts based on technical criteria—perfect for real-time decision-making in trading futures.
Chartbook Management: Organize chartbooks by asset class to streamline performance on your Sierra Charts platform.
Global Drawing Tools: Annotate symbols across all charts—crucial when analyzing multiple timeframes using Sierra Chart software.
Spreadsheet Systems: Build automated strategies without coding using Sierra’s spreadsheet features—a key strength of the Sierra Charts futures platform.
Volume-by-Price Analysis: Uncover high-volume price zones with insights only found on a true institutional trading platform.
Custom DOM Views: Fine-tune your DOM layout to suit scalping or swing strategies—only possible with Sierra Charts.
Replay Mode: Review historical trades to sharpen your edge using the Sierra Charts desktop demo tools.
Attached Orders: Implement advanced order logic such as OCO and OSO to protect your trades on the best futures trading platform.
Hotkey Execution: Set up order entry/exit shortcuts to save time in volatile markets—ideal for high-speed futures trading.
Auto Backup: Prevent data loss with auto-saved chartbooks and settings in Sierra Chart software.

These tips apply whether you’re testing strategies with a Sierra Charts demo or executing trades live via the full Sierra Charts futures trading platform.

Cannon Trading Company: Your Premier Sierra Charts Partner

Sierra Charts Futures Platform

Choosing the right broker is just as critical as choosing the right platform. Cannon Trading Company is a top Broker in the industry

✅ Why Cannon Trading Stands Out:

Decades of Trust: With over 35 years in the business Cannon Trading has withstood the greatest test- time
Free Access to Sierra Charts: Gain access to Sierra Chart software without platform fees through Cannon’s brokerage solutions. Including free market data through Teton
Reputation for Service: Excellent TrustPilot ratings and dedicated broker support enhance your Sierra Charts experience.
Regulatory Integrity: Cannon Trading upholds strong compliance standards, creating a safe environment for futures trading. Cannon Trading is registered with the CFTC and NFA
Platform Variety: Besides the Sierra Charts platform, Cannon also supports Rithmic, Firetip, CTS T4, and more—solidifying its status as a provider of many of the best futures trading platform options.

Try a FREE Demo!

Combine that with the support of Cannon Trading Company—one of the most experienced names in trading futures—and you have a winning combination. Try the Sierra Charts demo, explore the capabilities of the Sierra Charts desktop demo, and experience firsthand why this platform is repeatedly chosen as the best futures trading platform on the market.

Try a FREE Demo!

Ready to start trading futures? Call us at 1(800)454-9572 (US) or (310)859-9572 (International), or email info@cannontrading.com to speak with one of our experienced, Series-3 licensed futures brokers and begin your futures trading journey with Cannon Trading Company today.

Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involve substantial risk of loss and are not suitable for all investors. Past performance is not indicative of future results. Carefully consider if trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Important: Trading commodity futures and options involves a substantial risk of loss. The recommendations contained in this article are opinions only and do not guarantee any profits. This article is for educational purposes. Past performances are not necessarily indicative of future results.

This article has been generated with the help of AI Technology and modified for accuracy and compliance.

Follow us on all socials: @cannontrading

Volatility in Gold Options; Your 2 Important Need-To-Knows for Trading Futures on May 30th, 2025

Posted on May 29, 2025 by Cannon Operations

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Gold Options Volatility

Gold Options

Within the gold market, one story that has made the rounds is the premium of historical volatility to implied volatility that has appeared since April 2. CME’s, Rich Excell’s latest report looks at an options straddle with a Tuesday expiration in June.

Rich aims to cover the cost of the straddle by making the daily time decay, or theta, by gamma-scalping the straddle. Read the full report for more details.

August Gold Weekly Chart Below

Daily Levels for May 30th, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

Find us on Trustpilot

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.

You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment.

Opinions, market data, and recommendations are subject to change at any time.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

Trading Futures: Financial, Energy, Softs – Your 3 Important Need-To-Knows For Trading Futures on May 29th, 2025

Posted on May 28, 2025 by Cannon Operations

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What to Know Before Trading Futures on May 29th

Key points for Trading Futures Tomorrow:

By Mark O’Brien, Senior Broker

trading futures

Trading Futures – Financial:

Minutes of the May 6-7 Federal Reserve policy meeting were released today and officials signaled concern that large tariff hikes would push up prices and could risk stoking higher inflation. Policymakers largely agreed that heightened economic uncertainty and increased risks of both higher unemployment and inflation warranted no change in their wait-and-see policy stance. Investors in interest-rate futures markets expect the Fed will hold rates steady through the summer.

Trading Futures – Energy:

Oil prices gained more than 1% today on supply concerns as OPEC+ agreed to leave their output policy unchanged and as U.S. barred Chevron from exporting Venezuelan crude.

Investors anticipated members of OPEC+ would agree to a production increase later this week.

Still, July crude oil futures have remained range bound between $60 and $63 per barrel for the last two weeks and well below its 100-day moving average near $66.20.

July natural gas prices slumped mid-session today with it’s the latest threat from the July contract to move through its 200-day moving average near $3.53. A break below could open the door to further losses, with downside risk extending to $3.444 and possibly $3.338 in the short term.

Trading Futures

The near-term weather outlook remains a bearish overhang. Forecasts through June 3rd call for cooler temperatures across the eastern half of the U.S., including Texas and the South, dragging national demand lower.

Softs:

July sugar futures settled down 0.32 to 16.90 cents per pound, the lowest price since mid-January.

Daily Levels for May 29th, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

Find us on Trustpilot

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.

You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment.

Opinions, market data, and recommendations are subject to change at any time.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

FOMC, NVIDIA, June Dollar Index; Your 5 Important Need-To-Knows for Trading through Memorial Day Weekend, 2025

Posted on May 23, 2025 by Cannon Operations

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Cannon Futures Weekly Letter

In Today’s Issue #1243

Trade Against the Pro – Trading Competition
The Week Ahead – A shortened week. FOMC Minutes and NVIDIA earnings
Futures 101 – Memorial Day Trading Schedule
Hot Market of the Week – June Dollar Index
Broker’s Trading System of the Week – Heating Oil Swing Trading System
Trading Levels for Next Week
Trading Reports for Next Week

Trade Against the Pro – Simulated Contest, Real Cash prizes!

Opportunity to learn and win

Explore the benefits of futures trading while competing against your peers for a chance to win up to $2,500 in cash prizes. Practice trading different futures contracts with new perspectives and tips from a seasoned futures pro.

Refine your futures strategies

Mark your calendar for the trading challenge scheduled from June 1-6. This is your opportunity to test-drive trading strategies for futures in a risk-free environment. Additionally, once the challenge starts, you’ll gain access to exclusive daily educational videos packed with invaluable insights.

GET STARTED

Important Notices: The Week Ahead

FOMC! NVIDIA!

fomc

By John Thorpe, Senior Broker

A shortened week. FOMC Minutes and NVIDIA earnings top the list.

Earnings Next Week:

Mon. Memorial Day
Tue. PDD Holdings
Wed. Nvidia, Salesforce
Thu. Dell, Marvell tech
Fri. Costco

FED SPEECHES: (all time CDT)

Mon. Memorial Day no speeches
Tues. Kashkari 3 am ct, Williams, 6pm ct
Wed. Kashkari 3 am ct,
Thu. Kugler 1 pm ct, Daly, 3 pm ct, Logan 7 pm ct
Fri. Goolsbee 5:30 pm ct

Economic Data week:

Mon. Memorial Day no releases
Tue. Durable Goods, Case-Schiller, CB Consumer Confidence, Dallas Fed
Wed. Redbook, Richmond Fed, Dallas Svcs. Index, FOMC MINUTES EIA Crude Stocks MOVED TO Thursday,
Thur. Initial claims, Core PCE. GDP Q2 est., Pending Home Sales, EIA Nat Gas 7:30 am ct, EIA stocks 11 am ct
Fri. Core PCE, Chicago PMI, Mich. Consumer Sentiment

Futures 101: Memorial Day Trading Hours

The upcoming US Memorial Day Holiday Trading Schedule for Friday, May 23^rd, through Monday, May 26^th, 2025, is below.

Memorial Day (May 26^th) Holiday Trading Schedule:

Grains

Sunday – Closed

Monday – Closed

Tuesday – 8:30 a.m. CT Open

Livestock

Sunday – Closed

Monday – Closed

Tuesday – 8:30 a.m. CT Open

Cryptocurrencies

Monday – 4:00 p.m. CT Halt

5:00 p.m. CT Re-Open

Energy

Sunday – 5:00 p.m. CT Open

Monday – 1:30 p.m. CT Halt

5:00 p.m. CT Re-Open

Monday – 4:00 p.m. CT Halt

5:00 p.m. CT Re-Open

Interest Rates

Monday – 12:00 p.m. CT Halt

5:00 p.m. CT Re-Open

Metals

Monday – 1:30 p.m. CT Halt

5:00 p.m. CT Re-Open

Stock Indices

Monday – 12:00 p.m. CT Halt

5:00 p.m. CT Re-Open

Sugar, Coffee, Cotton, Cocoa, FCOJ

Monday – Closed

Tuesday – Regular Hours

Canola

Monday – Regular Hours

U.S. Dollar Index

Monday – Regular Hours

FULL SCHEDULE

Hot Market of the Week

Free Trial Available

June Dollar Index

Key decision levels?

trade

Brokers Trading System of the Week

Swing 61B Trading System

Market Sector: Energies

Markets Traded: HO – Heating Oil

System Type: Swing Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $25,000

Developer Fee per contract: $145.00 Monthly Subscription

System Description:

Trade ES futures. System coded to seek long or short entries, and the system only uses the higher probability signal. System contains a money management component.

Get Started

Learn More

Futures Trading Disclaimer:

Transactions in securities futures, commodity and index futures and options on futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract, meaning that transactions are heavily “leveraged”.

A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you.

You may sustain a total loss of initial margin funds and any additional funds deposited with the clearing firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position.

If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit. Please read full disclaimer HERE.

Would you like to get weekly updates on real-time, results of systems mentioned above?

Yes

Trading Levels for Next Week

Daily Levels for May 26th/27th, 2025

Would you like to receive daily support & resistance levels?

Yes

Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

Find us on Trustpilot

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.

You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.

You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

What to Know Before Trading Futures on May 22nd; Your 4 Important Need-To-Knows for Equity Indexes, Financials, Crypto

Posted on May 21, 2025 by Cannon Operations

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What to Know Before Trading Futures on May 22nd

Key Points for Tomorrow

By Mark O’Brien, Senior Broker

futures

Equity Indexes / Interest Rates:

Stock index futures turned lower this afternoon after a disappointing Treasury bond auction accelerated a selloff in the debt market.

The June E-mini Dow Jones futures contract dropped over 800 points, more than 2.0%, leading the E-mini S&P 500 and E-mini Nasdaq indexes lower in afternoon trading.

Financials:

U.S. 30-yr. T-bond and 10-yr. T-note futures also sold off and correspondingly debt yields spiked, with the 10-yr. rate climbing toward 4.6% and the 30-yr. rate eclipsing 5.0%

Yields extended gains in the afternoon after a $16 billion auction of 20-year Treasury bonds attracted relatively soft demand from investors, selling at a higher yield than traders had anticipated.

The selloff in stocks followed earnings reports from retailers Target, Lowe’s and TJX. Target cut its annual outlook.

Crypto:

Bitcoin futures climbed to a new all-time high for the first time since January. The current front-month May futures contract traded intraday up to 110,745 before paring its gains. Bitcoin futures total open interest surged to a record $75 billion, signaling heightened leveraged exposure as traders are eyeing a breakout above a key $108,000 resistance level. The CME Group / Chicago Mercantile Exchange leads with $17.43 billion in open interest. Within the highly leveraged environment, the potential for liquidations of short positions becomes a powerful force that could propel Bitcoin futures to new highs.

Memorial Day Schedule

Daily Levels for May 22nd 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

Find us on Trustpilot

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.

You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.

You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

June Emini S&P, CannonX Custom Time on the Chart, Levels; 3 Important Need-To-Knows for Trading Futures on May 20th, 2025

Posted on May 19, 2025May 19, 2025 by Cannon Operations

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What to Know Before Trading Futures on May 20th, 2025

June Emini S&P

emini

Emini S&P

The June Emini S&P activated upside PriceCount objectives off the April low last month. Now, the chart is approaching its first count to the 6030 area where it would be normal to get a near term reaction in the form of a consolidation or corrective trade.

On a different note, here are some tips on creating a custom time chart interface using our FREE CannonX platform! (free demo)

How to create a custom Time on the charts?

Click on the arrow next to the current time interval

Click on the custom option and type in the number of minutes or days you would like to see.

Click ok and your new chart with custom time is available! In this example i selected 13 minutes.

Daily Levels for May 20th, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

Find us on Trustpilot

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.

You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment.

Opinions, market data, and recommendations are subject to change at any time.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

Volatility, 16 Fed Speeches, July Coffee; Your Important Need-To-Knows for the Week of May 19th, 2025

Posted on May 16, 2025 by Cannon Operations

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Cannon Futures Weekly Letter

In Today’s Issue #1242

LIVE, FREE Demo for Futures & Options
The Week Ahead – 16 Fed Speakers, Earnings, Housing, Tariffs, Volatility
Futures 102 – 5 Short Videos to Help Your Trading
Hot Market of the Week – July Coffee
Broker’s Trading System of the Week – Heating Oil Swing Trading System
Trading Levels for Next Week
Trading Reports for Next Week

Free Demo: Live Data, Streaming Charts

Introducing the newest trading platform to our already prominent selection: CannonX

Cloud-based and compatible with Windows and MacOS
Top-of-the-line tradable charts with abundant indicators and drawing tools
Option quotes display for all expirations and including all “Greeks.”
Quote programmability for straight futures and options as well as futures and option spreads, including multi-leg/complex options spreads.
Depth-of-market display at your fingertips for any of the position types listed aboveFull, easy-to-read account information display

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Important Notices: The Week Ahead

By John Thorpe, Senior Broker

Volatility!

volatility

16! Count ‘em, 16 Fed speeches next week, a full week of trading in advance of Memorial Day weekend. Volatility expected.

More volatility to come as next week all markets will be reacting to whatever comes out of the U.S. Gov’t leadership relating to conflicts cessation and trade deals. Therefore, increased volatility expectations.

Look for changes from hawkishness to the doves fly in the tone and tenor of Fed speeches next week. June 18th is the next FOMC rate decision release.

Economic hard data Highlights next week will include Chicago Fed Economic Activity Index, Purchasing Managers Index, and few housing market numbers. Earnings reports will reflect 350+ total reports while we are in the bottom of the 7th inning of earnings season, the reports can still impact the indices but much less than in past weeks Highlighted by Home Depot, Palo Alto Networks, TJ Max and intuit to name a few Large Cap stocks.

Earnings Next Week:

Mon. Quiet
Tue. Home Depot, Palo Alto Networks
Wed. TJ Max, Lowes, Medtronic
Thu. Intuit
Fri. Quiet

FED SPEECHES:

Mon. Bostic 7:30 am, Jefferson and Williams 7:45 am, Logan 123:15pm, Kashkari 12:30 pm
Tues. Barkin and Bostic 8:00 am, Collins 8:30 am, Musalem 12:00pm, Kugler 3:00 pm, Daly and Hammack 5:00 pm
Wed. Barkin 11:00am
Thu. Williams 1:00pm,
Fri. Cook 11:00am

Economic Data week:

Mon. CB index of leading indicators
Tue. quiet
Wed. EIA Crude Stocks,
Thur. Chgo Fed Activity Index, Initial claims, PMI, Existing Home Sales, KC Fed Activity Index, EIA Nat Gas
Fri. Bldg Permits, Home Sales

Futures 102: Short Trading Videos to Improve Your Trading

Watch a series of short videos, where our VP, Ilan Levy-Mayer shares his personal preferences and opinions on different trading topics.

· Ever wondered when to exit a trade? Take a look at what Ilan has to share on Bollinger Bands and a study called PARABOLICS

· Some common uses you can make of support and resistance levels.

· Filter out the noise with range bar charts

· “Price Confirmation” how to use it for entering trades?

· Where do I exit a profitable position?

Watch Videos Now!

Hot Market of the Week

Free Trial Available

July Coffee

The July Coffee failed upside attempt!

Brokers Trading System of the Week

Swing 61B Trading System

Market Sector: Energies

Markets Traded: HO – Heating Oil

System Type: Swing Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $25,000

Developer Fee per contract: $145.00 Monthly Subscription

System Description:

Trade ES futures. System coded to seek long or short entries, and the system only uses the higher probability signal. System contains a money management component.

Get Started

Learn More

Disclaimer: The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not necessarily indicative of future results.

Futures Trading Disclaimer:

A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you.

You may sustain a total loss of initial margin funds and any additional funds deposited with the clearing firm to maintain your position.

If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position.

Would you like to get weekly updates on real-time, results of systems mentioned above?

Yes

Trading Levels for Next Week

Daily Levels for May 19th, 2025

Would you like to receive daily support & resistance levels?

Yes

Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.

You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.

You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

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Fist Notice and Last Trading Dates for June.

First Notice and ALL positions be exited the day prior to Last Trading Day.

Daily Levels for June 10th, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

Click here for quick and easy instructions.

Economic Reports

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Juneteenth 2025 Trading Schedule

Cannon Futures Weekly Letter

In Today’s Issue #1245

The Week Ahead – CPI, PPI, Inflation and WASDE

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

Understanding Futures Spreads

Course Overview

Hot Market of the Week

July Silver

Brokers Trading System of the Week

Would you like to get weekly updates on real-time, results of systems mentioned above?

Trading Levels for Next Week

Daily Levels for June 9th, 2025

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What Makes Sierra Charts Great:

Key Benefits of the Sierra Charts Platform:

10 Tips to Master Sierra Charts for Trading Futures

✅ Why Cannon Trading Stands Out:

Gold Options Volatility

Gold Options

August Gold Weekly Chart Below

Daily Levels for May 30th, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

Click here for quick and easy instructions.

Economic Reports

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What to Know Before Trading Futures on May 29th

Key points for Trading Futures Tomorrow:

By Mark O’Brien, Senior Broker

Trading Futures

Daily Levels for May 29th, 2025

Economic Reports

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Cannon Futures Weekly Letter

In Today’s Issue #1243

The Week Ahead – A shortened week. FOMC Minutes and NVIDIA earnings

Trade Against the Pro – Simulated Contest, Real Cash prizes!

Important Notices: The Week Ahead

FOMC! NVIDIA!

By John Thorpe, Senior Broker

Futures 101: Memorial Day Trading Hours

Hot Market of the Week

June Dollar Index

Key decision levels?

Brokers Trading System of the Week

Trading Levels for Next Week

Daily Levels for May 26th/27th, 2025

Would you like to receive daily support & resistance levels?

Trading Reports for Next Week

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What to Know Before Trading Futures on May 22nd

Key Points for Tomorrow

By Mark O’Brien, Senior Broker

Memorial Day Schedule

Daily Levels for May 22nd 2025

Economic Reports

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What to Know Before Trading Futures on May 20th, 2025