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Category: E-Mini Futures

Non-Farm Payroll, July Silver; Your 2 Important Need-To-Knows for Trading Futures on June 6th, 2025

Posted on by Cannon Operations

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NFP – Non-Farm Payroll, July Silver; 6.6.25

By Ilan Levy-Mayer, VP

Non-Farm Payroll tomorrow. Market moving report.

non-farm payroll

Trading during the Non-Farm Payroll release can be highly volatile and unpredictable, making it crucial for traders to exercise caution. The Non-Farm Payroll report, released on the first Friday of each month, provides key insights into U.S. employment trends and can significantly impact currency, stock, and futures markets.

This sudden influx of data often triggers rapid price swings, stop hunts, and temporary market distortions. Many traders attempt to capitalize on these movements, but the heightened volatility can lead to increased slippage and unexpected losses.

It’s essential to use appropriate risk management strategies, such as adjusting position sizes, setting wider stop losses, or waiting until the initial volatility settles before entering a trade.

Another critical factor to consider is the drying up of liquidity during Non-Farm Payroll trading. Liquidity tends to thin out just before and immediately after the report as market participants, including institutional investors, pull back or adjust their positions cautiously.

This can result in exaggerated price movements, making it harder to execute trades at desired levels. Spreads may widen, and orders might experience delays or unfavorable fills.

To navigate this environment effectively, traders should be mindful of the risks and consider using limit orders instead of market orders, staying informed on previous Non-Farm Payroll trends, and avoiding overleveraging positions.

Patience and preparedness can help mitigate unnecessary risks while trading around this high-impact event.

That’s Non-Farm Payroll. Now, July Silver…

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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.
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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.

Daily Levels for June 6th, 2025
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Economic Reports

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All times are Eastern Time ( New York)
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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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E-Mini: Dow, Nasdaq, S&P 500; Jobs Report, July Hogs: Your 5 Important Need-To-Knows for Trading Futures on June 5th, 2025

Posted on by Cannon Operations

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What to Know Before Trading Futures on June 5th

Key points for tomorrow: E-Mini, Jobs Report

By Mark O’Brien, Senior Broker

U.S. stock index futures traded on both sides of the flatline into today’s close of trading with a lack of progress on tariff negotiations and economic data suggesting the uncertainty was taking a toll.

E-Mini

e-mini

At this typing, the E-mini S&P 500 index traded near unchanged, while the E-mini Dow Jones contract dipped ±100 pts and the E-mini Nasdaq pushed up ±67 pts.

Trade News

President Donald Trump stated he expected a call with Chinese leader Xi Jinping this week to discuss trade, though he also suggested it might be an uphill battle. Investors would welcome any thaw in trade relations with China, one of the U.S.’s largest trading partners.

Jobs Report

Meanwhile, investors also await the Labor Department’s monthly jobs report this Friday. The report could be a barometer of how much, if any, businesses are delaying hiring due to tariffs.

On Wednesday, payroll processor ADP said private-sector firms added just 37,000 workers in May, the lowest since March 2023, and well below Wall Street’s expectations of 115,000 workers. April’s tally was also revised down. ADP’s report is sometimes seen as a harbinger of the official government release, though it often misses the mark.

Also on Wednesday, the nonpartisan Congressional Budget Office said Trump’s tax bill will increase deficits by $2.4 trillion over the next decade. Investors and analysts have warned that elevated deficits will lead to higher interest rates, since the U.S. government will need to pay more to attract investors to buy its debt.

Meanwhile, a closely-watched gauge of business activity in the service sector fell below the line that separates growth from contraction in April. ISM’s Services Purchasing Managers Index was at 49.9 in May, the lowest in a year, and a reminder of the impact of trade war uncertainty.
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July Hogs:

July hogs are challenging their contract highs. The chart has upside PriceCounts in place where a breakout into new sustained highs would project a possible run to the first count to the 112.28 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.

Daily Levels for June 5th, 2025
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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.
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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time ( New York)
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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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Listen to our podcast: Subscribe on Apple, Spotify, Amazon

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Drawdowns, ISM, EIA Energy, Beige Book; Your 4 Important Need-To-Knows for Trading Futures on June 4th, 2025

Posted on by Cannon Operations

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Drawdowns

ISM, EIA Energy, Beige Book

By John Thorpe, Senior Broker

Relatively quiet day in most futures markets today,

Not much regularly scheduled economic or earnings news tomorrow with a glint of fed speakers, only 2.

The Drawdown

drawdown

Rather than doing a market recap today below is a brief I put together regarding drawdowns and the psychology of drawdowns: In my opinion, they are not a bad thing, in fact I believe that drawdown periods are a very sane and good thing for any solid strategy. Drawdown periods are very efficient to shake out weak traders from the strategy while smarter traders can pick up their money (which is the name of the game after all). The time that passes since the first equity high until we reach a new equity high is the drawdown period. So, a drawdown period has two dimensions:

The drawdown depth and the drawdown length.

Most people care about the drawdown depth as this is what is easier to see on back tests. However, the human the brain is much more affected by drawdown length. During live trading, it is easier to deal with a 10% drawdown for one week than with a 5% drawdown for five months.

  • Detailed statistical information about the strategy: Expected profit, expected drawdown, maximal drawdown depth and length, average win percentage, reward to risk ratio, …
  • Different scenarios and the actions to take (if any): intense and/or deep drawdown periods and what to do (or do nothing), whether to trade during Christmas time or summertime, whether to keep open positions during weekends or not, what to do after a losing year (or do nothing), funding and withdrawing plan, …
  • A very clear worst-case scenario: it is basically the “line in the sand” where we know that the strategy has lost it’s edge and something must be done (stop trading the strategy, adapting parameters, …). There are many ways to calculate it (double the max historical drawdown, using Montecarlo simulations, using regression lines multiplied by x times the standard deviation on the equity curve, …). In the end it is a number. The important thing is to have it written in the trading plan.

When facing a problem that generates pain or panic such as a sudden deep drawdown, most of the time, when analyzed with rigor and care, the problem is not so important, and everything is within expected statistics. You will see that there were many periods in the past with similar characteristics.

Market volatility is here to stay for the foreseeable future with its ebbs and flows.

Choose your opportunities wisely. Today’s market swings were largely back to normal (pre tariff talk normal)

Tomorrow:

Econ Data:  ISM Services PMI, EIA Energy

FED Speak: 2

Earnings: Dollar Tree

Tariff news: Anything goes!
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July Wheat – Corn Spread

It took a couple of attempts but the July wheat – corn spread has decisively broken out above the extended downtrend, and activated upside PriceCounts objectives in the process. The first count projects a possible run to the $1.20 area.
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 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.

Daily Levels for June 4th, 2025
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Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! 

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Economic Reports

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All times are Eastern Time (New York)
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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.

Call Now

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RTrader Pro/Rithmic Futures Platform

Posted on by Ilan

When it comes to choosing the best futures trading platform, traders need a Broker that offers robust technology, institutional-grade performance, and personalized service. Cannon Trading Company stands out as a premier destination for futures traders by delivering all of these and more. One of Cannon’s offerings is the RTrader Pro Futures Trading Platform, powered by the reliable Rithmic infrastructure—known for its low-latency, high-performance architecture. Whether you are new to futures or a seasoned professional, Cannon Trading’s expertise and support make the Rithmic futures platform not just accessible, but optimized for your trading success.

Try a FREE Demo!

Powering Performance: Rithmic Technology via Cannon Trading

At Cannon Trading, —you gain access to an elite-level ecosystem that leverages the full potential of RTrader Pro, Rithmic desktop, and Trader/Rithmic integrations. The Rithmic platform is trusted by professional prop firms and high-frequency traders for its ability to deliver precise execution and real-time data with minimal latency. Thanks to Cannon Trading’s seamless onboarding and expert support, accessing the Rithmic desktop demo or transitioning to live trading has never been easier.

Rithmic: An Ecosystem Built for High-Performance Futures Trading

The Rithmic system is a versatile architecture made possible by Rithmic’s cutting-edge APIs and exchange connectivity. Cannon Trading enhances this by providing direct guidance and brokerage support tailored to the Rithmic model. Whether you’re using the Rithmic desktop demo for practice or deploying algorithmic strategies on the Rithmic platform, you’ll find that Cannon Trading will support your needs.

RTrader Pro—a feature-rich platform that offers everything from customizable market depth to real-time P&L and trade analytics. Cannon Trading’s close collaboration with Rithmic ensures that every trader using the RTrader Pro Futures Trading Platform enjoys optimal reliability, performance, and customization.

Exclusive Features That Set Cannon Trading Apart

  1. Ultra-Low Latency via the Rithmic Network
    Cannon Trading maximizes the capabilities of the Rithmic futures platform, offering lightning-fast order routing across exchanges like CME, CBOT, and NYMEX. The Rithmic connection ensures you are never behind the curve—ideal for scalpers and algo traders.
  1. Direct Market Access (DMA) and Advanced Execution
    Through Cannon’s provision of the RTrader Pro interface, you gain full DMA to global futures exchanges. Coupled with the Rithmic desktop interface, you experience direct, institutional-grade order flow and transparency.- never heard of it
  1. Professional Risk Management
    Cannon’s integration with the RTrader Pro Futures Trading Platform includes sophisticated risk control tools and real-time position management. You are able to set loss limit and auto liquidation functions based on balance or percentage of the account.
  1. Simulation and Strategy Testing with Rithmic Desktop Demo
    Cannon clients benefit from a full Rithmic desktop demo environment, where they can simulate live markets using real-time data and latency profiles. It’s a perfect training ground before deploying real capital via the RTrader Pro interface.
  1. Multi-Platform Integration
    From Sierra Chart to MultiCharts and NinjaTrader, the Rithmic platform via Cannon Trading integrates seamlessly across top-tier tools. You can plug into the Trader/Rithmic infrastructure with the freedom to use the analysis software that fits your style.

Try a FREE Demo!

Built for All Types of Futures Traders

Cannon Trading ensures that every trader—regardless of experience level—gets the most out of the RTrader Pro Futures Trading Platform:

  • Day Traders benefit from low-latency execution and visual clarity using RTrader Pro and Rithmic desktop.
  • Algorithmic Traders utilize the powerful backend of Rithmic, enhanced by Cannon’s expert support and tech guidance.
  • Prop Traders and Institutions gain account segregation, real-time compliance monitoring, and robust analytics via Trader/Rithmic.
  • New Traders can practice and experiment confidently with the Rithmic desktop demo, supported by Cannon’s personalized training and resources.

Why Choose Cannon Trading Company?

Rithmic Futures Platform

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Cannon Trading isn’t just a broker; it’s your trading partner. With decades of experience and a firm commitment to client success, Cannon enhances the RTrader Pro Futures Trading Platform by offering:

  • Personalized onboarding and training on RTrader Pro and Rithmic desktop.
  • Access to demo environments like the Rithmic desktop demo for education and testing.
  • Dedicated account reps to help you optimize your use of the Rithmic futures platform.
  • Institutional-grade infrastructure delivered to independent traders through the Trader/Rithmic model.

When you choose Cannon, you’re choosing excellence, expertise, and execution—all powered by the leading Rithmic platform technologies.

For futures traders who demand performance, flexibility, and professional-grade tools, there is no better choice than Cannon Trading Company. By providing direct access to the RTrader Pro Futures Trading Platform, supporting simulation via the Rithmic desktop demo, and enabling elite-level trading with the Rithmic platform, Cannon Trading is the broker that makes a real difference.

Step into the world of advanced trading today with the Trader/Rithmic ecosystem—available now through Cannon Trading. Elevate your futures trading experience with the best tools and the most trusted support in the industry.

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.

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First Notice/Last Trading Day; Your 2 Important Need-To-Knows for Trading Futures going into June 2025

Posted on by Cannon Operations

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Fist Notice and Last Trading Dates for June.

first notice

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.
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Daily Levels for June 3rd, 2025
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Economic Reports

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

Posted on by Cannon Operations

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Gold Options Volatility
gold

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. 
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August Gold Weekly Chart Below
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Daily Levels for May 30th, 2025
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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.
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Economic Reports

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All times are Eastern Time (New York)
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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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FOMC Minutes, NVIDIA Earnings, July Rough Rice; Your 3 Important NEED-TO-KNOWS for Futures Trading on May 28th, 2025

Posted on by Cannon Operations

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FOMC Minutes, NVIDIA

fomc

By John Thorpe, Senior Broker

CME is in the process of initial margin reduction.

The Initial margin for the ES is now just 23,996.50 approx. $1000 less than last week.

An important data day tomorrow: 

FOMC Meeting Minutes and NVIDIA earnings release.

From the wires today:

An upbeat earnings report by Nvidia Corp. would bode well for a rally in US equities as investors have about $7 trillion parked in cash funds, according to BBVA strategists.

Institutional positioning in the US technology sector is “undemanding” with hedge funds and mutual funds still substantially underweight, strategist Michalis Onisiforou said. Exposure of trend-following Commodity Trading Advisors (CTA) to the broader stock market is also neutral, while volatility control funds have plenty of room to add to risk, he said.

“With the institutional length in equities far from exuberance levels,” Onisiforou said the setup favors higher exposure to stocks

Market volatility is here to stay for the foreseeable future with its ebbs and flows.

Choose your opportunities wisely. Today’s market swings were largely back to normal (pre tariff talk normal)

Tomorrow:

Econ Data:  Dallas, Richmond, Redbook and FOMC minutes.

FED Speak: 2

Earnings: NVIDIA

Tariff news: Anything goes!
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July Rough Rice

July rice stabilized its extended decline after satisfying its fourth downside PriceCount objective last month. Now, the chart has activated upside counts on the recovery and completed the first objective to the 1344 area.
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 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.

Daily Levels for May 28th, 2025
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Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! 

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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)
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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.
Call Now

Join our Private Facebook group

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

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Memorial Day hours, July Wheat, Levels; Your 3 Important Need-To-Knows for Futures Trading on May 23rd, 2025

Posted on by Cannon Operations

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Wheat Outlook and Memorial Day Schedule

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

Memorial Day trading Schedule is available!
memorial day
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July Wheat

July wheat activated upside PriceCount objectives and satisfied the first count to the $5.53 area. It would be normal for the chart to react in the form of a near term consolidation or corrective trade from this level, and it is. If we can sustain further strength, the second count projects a run to the $5.70 area.
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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.

Daily Levels for May 23rd, 2025
50112e04 6a7a 49bf b1a7 8e0f096637fd

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.
28ae1ddf f400 4901 82b9 03a497f63f26

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time ( New York)
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Find us on Trustpilot
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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.
Call Now

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

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

Posted on 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.

 
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Daily Levels for May 22nd 2025
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Economic Reports

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All times are Eastern Time (New York)
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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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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 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.
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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.
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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
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Click on the custom option and type in the number of minutes or days you would like to see.
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Click ok and your new chart with custom time is available! In this example i selected 13 minutes.
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Daily Levels for May 20th, 2025
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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.
822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)
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Find us on Trustpilot
stars

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!
S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact
Cannon Trading Co., Inc.

12100 Wilshire Blvd.

Suite 1640

Los Angeles, CA 90025 US
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.