Open An Account
Free Demo Account Subscribe Here

Category: Financial Futures

If one has to define financial futures, it is pretty simple. A financial future is basically a futures contract agreed upon on a short term or long term rate of interest. There are a number of representative financial futures contracts. Financial futures trading also requires you to understand some typical financial terms and terminology. Most popular are the treasury bonds futures in this category. Under this category archive, you will be able to learn and understand the different aspects of financial futures, through the write-ups we have listed for the readers.

Cannon Trading can provide assistance. We can provide you with professional advice and help. Whether you approach us for consultation on day trading, crude oil trading or for advice on financial futures, we can give you the answers and solutions that qualify us as one of the best. Another resource that we help you out with is information and knowledge based category archives. This particular category of blogs features extensive and exclusive information on financial futures. Read about it and equip yourself!

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

Posted on June 3, 2025 by Cannon Operations

9dc1e02e d5f7 4ff4 abf7 1df60775f196

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!

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.

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

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!

RTrader Pro/Rithmic Futures Platform

Posted on June 2, 2025May 30, 2025 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

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.

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

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.

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.

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

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.

Follow us on all socials: @cannontrading

Non-Farm Payrolls, Tariffs, Earnings; Your 3 Important Need-To-Knows for Trading Futures The Week of June 2nd, 2025

Posted on May 30, 2025 by Cannon Operations

7cfe5b36 db9f 4933 824a 7f264613e7fe

Cannon Futures Weekly Letter

In Today’s Issue #1244

The Week Ahead – Non-Farm Payrolls, Earnings, Tariffs
LIVE, FREE Demo for Futures & Options
Trading Levels for Next Week
Trading Reports for Next Week

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

Non-Farm Payrolls

non-farm payrolls

A full week ahead and as nearly always, the 1st Friday of the month brings an impactful data set to the markets. Non-Farm Payrolls (NFP).This week will also feature the last week of Fed speakers until after the FOMC Rate announcement 8 business days following this upcoming weekend, known as the blackout period. Light earnings, only 149 reporting as we are in the 9th inning of this game.

Tariffs

tariffs

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 be in the middle innings of their tariff battle.

Earnings Next Week:

Mon. Credo
Tue. HP, Dollar General, Crowdstrike
Wed. Dollar Tree
Thu. Broadcom, LuLuLemon
Fri. ABM industries

FED SPEECHES: (all time CDT)

Mon. Logan 9:15 am CT, Goolsbee 11:45 am CT
Tues. Goolsbee 11:45 am CT, Logan 2:30 pm CT
Wed. Bostic 7:30 am CT
Thu. Harker 12:30 pm CT,
Fri. None

Economic Data week:

Mon. ISM mfg. PMI
Tue. RedBook, JOLTS, Factory Orders,RCM/TIPP Econ Optimism Index,
Wed. ADP, PMI Final, ISM Services, EIA Crude Stocks, Beige Book,
Thur. Challenger Job Cuts, Continuing claims, EIA Nat Gas storage
Fri. Non-Farm Payrolls, Used Car prices.

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

START YOUR DEMO NOW

Trading Levels for Next Week

Daily Levels for June 2nd, 2025

Would you like to receive daily support & resistance levels?

Yes

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

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!

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

9dc1e02e d5f7 4ff4 abf7 1df60775f196

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 Minutes, NVIDIA Earnings, July Rough Rice; Your 3 Important NEED-TO-KNOWS for Futures Trading on May 28th, 2025

Posted on May 27, 2025 by Cannon Operations

9dc1e02e d5f7 4ff4 abf7 1df60775f196

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!

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.

Daily Levels for May 28th, 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!

Futures Trading Platform RTrader Pro

Posted on May 23, 2025May 20, 2025 by Ilan

The Rithmic Futures Trading Platform has quickly become a top-tier choice among futures traders who demand ultra-low latency, robust connectivity, and institutional-grade tools. Built on Rithmic’s powerful infrastructure, this platform enables high-speed market access and seamless order execution. Whether you’re a retail trader or managing a proprietary trading desk, the Rithmic suite—especially RTrader Pro—offers a scalable and intuitive environment tailored for success in today’s volatile futures markets.

Try a FREE Demo!

Inside the Rithmic Trader Ecosystem

Central to the Rithmic Futures Trading Platform is the Rithmic backbone—a high-performance trading engine that excels in real-time data processing and trade execution with virtually no latency. Rithmic’s APIs facilitate direct integration with popular trading applications, giving users the flexibility to design customized workflows.

Rithmic Trader enables access to a comprehensive network of futures exchanges with direct routing capabilities, ensuring every order is processed with maximum speed and accuracy. At the user interface level, RTrader Pro serves as the premier tool for engaging with the platform’s advanced functionality. With RTrader Pro, traders enjoy a graphical interface that simplifies complex tasks while providing real-time P&L monitoring and deep customization.

Together, Rithmic, Trader/Rithmic, and RTrader Pro form a tightly integrated ecosystem designed to support both discretionary and automated futures trading strategies.

Standout Features of the Rithmic Futures Trading Platform

Ultra-Low Latency Market Data
Rithmic delivers real-time market data with minimal delay, a crucial advantage for scalpers and high-frequency traders. By operating within a low-latency environment, the Rithmic Futures Trading Platform ensures that market participants can respond instantly to shifting conditions. This makes the platform an ideal choice for traders who rely on precision and speed.

Direct Market Access (DMA)
Rithmic connects users directly to key futures exchanges including CME, ICE, NYMEX, and CBOT. Direct Market Access enhances trade transparency, reduces slippage, and improves execution quality. RTrader Pro complements DMA by simplifying order routing and execution management across multiple trading venues, ensuring seamless control.

Sophisticated Order Types
The Rithmic Futures Trading Platform supports a full suite of advanced order types including OCO, OSO, bracket orders, and trailing stops. Through RTrader Pro, traders can manage these orders easily with point-and-click interfaces or automated systems. This flexibility enables fine-tuned control over risk and execution timing.

Real-Time Risk Monitoring
RTrader Pro includes real-time margin tracking, live position updates, and comprehensive order logs. Rithmic’s infrastructure continuously enforces risk parameters, helping firms and individuals stay within regulatory and account constraints. These features are essential for prop shops or traders managing multiple accounts concurrently.

Server-Side Order Management
The platform’s server-side execution architecture stores orders on Rithmic’s servers rather than the trader’s local machine. This minimizes exposure to internet interruptions or local failures. In combination with RTrader Pro, server-side handling ensures orders are executed reliably, even in volatile market conditions.

High-Fidelity Simulation Environment
Rithmic’s simulation mode replicates real market behavior, including slippage and latency, offering a near-authentic environment for strategy testing. Traders can access this feature through RTrader Pro, enabling stress-free evaluation of new systems without financial risk. This is especially beneficial for educators and strategy developers.

Integration with Third-Party Platforms
Thanks to Rithmic’s open APIs, the Trader/Rithmic Futures Trading Platform integrates seamlessly with charting software such as Sierra Chart, and MultiCharts. RTrader Pro acts as the primary access point, while traders enjoy the flexibility to layer on custom analytics and execution tools from third-party providers.

Comprehensive Analytics and Journaling
RTrader Pro offers robust journaling features and post-trade analytics. Each trade is recorded and analyzed to provide insights into win rates, average trade duration, drawdowns, and other metrics. These tools help traders refine strategies and improve decision-making based on real performance data.

Custom Alerts and Notifications
Users can set tailored alerts on price thresholds, trade volume, or specific execution conditions. These alerts, configurable within RTrader Pro, can be delivered via audio signals, on-screen popups, or even via API integrations. This functionality ensures traders stay ahead of crucial developments.

Built-In Security and Reliability
Security is central to the Rithmic platform. Encrypted connections, secure logins, and built-in redundancy measures keep data and orders protected. RTrader Pro supports session logging, automatic backups, and auto-reconnect options, offering users a resilient futures trading platform that won’t falter during technical hiccups.

Try a FREE Demo!

Designed for All Trader Profiles

The Trader/Rithmic Futures Trading Platform is flexible enough to support a variety of trading roles:

Retail Traders benefit from intuitive interfaces, responsive order entry, and high-speed data feeds—all through RTrader Pro.
Prop Firm Traders leverage risk controls, multi-account support, and server-side automation.
Algorithmic Traders use Rithmic’s fast and accessible APIs to build and deploy sophisticated trading models.
Trading Educators find value in simulation tools and journaling features, ideal for teaching new traders in a risk-free environment.

Regardless of trading style, RTrader Pro provides an adaptable interface that brings the full power of the Rithmic system to the fingertips of every user.

Try a FREE Demo!

Why Choose the Trader/Rithmic Futures Trading Platform through Cannon Trading Company?

What distinguishes Rithmic is its unwavering focus on performance, reliability, and trader flexibility. By combining the institutional-grade infrastructure of Rithmic with the advanced features of RTrader Pro, the Rithmic Futures Trading Platform becomes more than just a trading interface—it becomes a complete trading solution.

Latency-sensitive strategies flourish due to real-time execution.
Multi-account management becomes efficient and scalable.
Customization ensures the platform aligns trading goals

With its full suite of features and proven performance under demanding conditions, the Trader/Rithmic Futures Trading Platform is engineered to deliver a top notch product.

In a world where milliseconds matter, the TRithmic Futures Trading Platform provides a robust foundation for successful futures trading.

Whether you’re just starting your trading journey or managing a book of institutional-size accounts, the Rithmic platform offers the precision, reliability, and speed necessary to excel in the competitive futures markets. As trading continues to evolve, platforms like this ensure that futures traders remain one step ahead—equipped, informed, and ready to act.

Try a FREE Demo!

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.

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

Posted on May 22, 2025May 22, 2025 by Cannon Operations

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Wheat Outlook and Memorial Day Schedule

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

Memorial Day trading Schedule is available!

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.

Daily Levels for May 23rd, 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!

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

9dc1e02e d5f7 4ff4 abf7 1df60775f196

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!

Day Trading Margins, June Milk Class III, CME Trading Challenges; Your 3 Important Need-To-Knows for Trading Futures on May 21st, 2025

Posted on May 20, 2025 by Cannon Operations

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Margins

SPAN and Day Trade Margins

by John Thorpe, Senior Broker

margins

Dive into Margin creation

Day trade margins are back to “normal” day trade valuations.

Remember Trump highlighted the need to pass and extend his 2017 tax cuts which are set to expire at years end if a new bill wasn’t passed to extend those tax credits.

Well, we are on the doorstep of that request. Watch for equity index strength if it passes in the house this week and weakness if it doesn’t. Memorial Day weekend was his target to have the legislation passed.

A quiet data day tomorrow.

On a different note, I hear a lot about from my day traders want to understand more clearly how margin is set and when can we expect reduced day trade margins.

Here’s the short version: Margins are set by the exchange based on a number of factors then the clearing houses adjust day trading parameters based on the exchange Initial margin. Volatility is the biggest factor to affect exchange minimum initial margin.

Here’s the long story from the CME:

https://www.cmegroup.com/solutions/risk-management/performance-bonds-margins/span-methodology-overview.html

Market volatility is here to stay for the foreseeable future with it’s ebbs and flows.

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

Tomorrow:

Econ Data: EIA Energy stocks.

FED Speak: One speaker Barkin @ 11am CT

Earnings: TJ Max, Lowe’s, Medtronic, Target

Tariff news: Anything goes!

SPAN Methodology Overview

CME SPAN is a market simulation-based Value at Risk system that allows you to assess risk on a portfolio basis. Explanations and examples of risk arrays and SPAN analysis are included.

June Milk

June class III milk satisfied its second upside PriceCount objective and is correcting. At this point, IF the chart can resume its rally into new sustained highs the third count would project a potential run to the 20.55 area.

Daily Levels for May 21st, 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

9dc1e02e d5f7 4ff4 abf7 1df60775f196

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!

Day Trading/Order Flow

Futures & Options Trading

Forex Trading

Options Trading

Mobile Trading

Brokerage-Services

Service Details

Trading Support

Trading Charts

Trading Insight

Contract Specifications

Company

Community

Account Login

Drawdowns

ISM, EIA Energy, Beige Book

By John Thorpe, Senior Broker

The Drawdown

The drawdown depth and the drawdown length.

July Wheat – Corn Spread

Daily Levels for June 4th, 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

Find us on Trustpilot

Powering Performance: Rithmic Technology via Cannon Trading

Rithmic: An Ecosystem Built for High-Performance Futures Trading

Exclusive Features That Set Cannon Trading Apart

Built for All Types of Futures Traders

Cannon Futures Weekly Letter

In Today’s Issue #1244

The Week Ahead – Non-Farm Payrolls, Earnings, Tariffs

LIVE, FREE Demo for Futures & Options

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

Non-Farm Payrolls

Tariffs

Free Demo: Live Data, Streaming Charts

Trading Levels for Next Week

Daily Levels for June 2nd, 2025

Would you like to receive daily support & resistance levels?

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

Trading Reports for Next Week

Find us on Trustpilot

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

Find us on Trustpilot

FOMC Minutes, NVIDIA

By John Thorpe, Senior Broker

FOMC Meeting Minutes and NVIDIA earnings release.

July Rough Rice

Daily Levels for May 28th, 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

Find us on Trustpilot

Inside the Rithmic Trader Ecosystem

Standout Features of the Rithmic Futures Trading Platform

Designed for All Trader Profiles

Why Choose the Trader/Rithmic Futures Trading Platform through Cannon Trading Company?

Wheat Outlook and Memorial Day Schedule

July Wheat

Daily Levels for May 23rd, 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.

Find us on Trustpilot

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

Find us on Trustpilot

Margins

SPAN and Day Trade Margins

by John Thorpe, Senior Broker