Rollover to September Currencies & Support and Resistance Levels 6.11.2021

Dear Traders,

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Starting tomorrow MAKE sure to trade September currencies as well.
Starting tomorrow many traders will start trading the SEPTEMBER contract rather than the JUNE contract.
Symbol for Sept. is U.
Example: ESU21
The rollover period will be complete by next Friday when June contracts expire into cash.
Here are a few pointers from Austin Lachapelle, Cannon Trading Broker:
With the volume looking to change in the equity indices my recommendation is to make sure you are trading strategies on larger time-frames till the end of this week. If using volume indicators be more cautious on the data that has been gathered. The June contract will start rolling into the September tomorrow. I recommend switching your charts and trading to the September month by days end. Be a little more cautious on the close Thursday and Friday as larger players will begin to sell the June and could possibly be more cautious when buying the September at these levels.
Tomorrows levels published today will still show June contract until the Sept. volume is higher.
To get the Sept. levels do the following:
Substract 9 points for the Sept. ES
Substract 95 points for the Sept. YM
Substract 10 points for the Sept. NQ
Substract 3 points for the RTY
Add 9 points for the euro ( 6E)
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Good Trading

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 when it comes to Futures Trading.

 

Futures Trading Levels

6-11-2021

Tomorrows levels published today will still show June contract until the Sept. volume is higher.
To get the Sept. levels do the following:
Substract 9 points for the Sept. ES
Substract 95 points for the Sept. YM
Substract 10 points for the Sept. NQ

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Economic Reports, source: 

 www.BetterTrader.co

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Rollover In US Stock Index Futures & Support and Resistance Levels 6.10.2021

Dear Traders,

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Get Real Time updates and more on our private FB group!
Tomorrow, June 10th is rollover day in US stock index futures.
Starting tomorrow many traders will start trading the SEPTEMBER contract rather than the JUNE contract.
Symbol for Sept. is U.
Example: ESU21
The rollover period will be complete by next Friday when June contracts expire into cash.
Here are a few pointers from Austin Lachapelle, Cannon Trading Broker:
With the volume looking to change in the equity indices my recommendation is to make sure you are trading strategies on larger time-frames till the end of this week. If using volume indicators be more cautious on the data that has been gathered. The June contract will start rolling into the September tomorrow. I recommend switching your charts and trading to the September month by days end. Be a little more cautious on the close Thursday and Friday as larger players will begin to sell the June and could possibly be more cautious when buying the September at these levels.

Good Trading

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 when it comes to Futures Trading.

 

Futures Trading Levels

6-10-2021

Tomorrows levels published today will still show June contract until the Sept. volume is higher.
To get the Sept. levels do the following:
Substract 9 points for the Sept. ES
Substract 95 points for the Sept. YM
Substract 10 points for the Sept. NQ

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Economic Reports, source: 

 www.BetterTrader.co

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

VAREA Signal Trading Alerts & Support and Resistance Levels 6.08.2021

Dear Traders,

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Get Real Time updates and more on our private FB group!
VAREA Signal Trading Alerts
Directly to your Inbox!
  • A dynamic research tool for Futures traders based on revolutionary algorithmic IP. Experienced management team has combined decades of trading experience with superior programming capability to produce this unparalleled algorithmic trading product.
  • Daily email to traders identifying trading opportunities (signals) on more than 20 specific tickers per a discrete set of rules and conditions/algorithms.
  • Packages are signals only (Basic, $99/month) or signals with execution suggestions by VAREA trading specialists (Premium, $199/month) and get a free month of the Premium product when you sign up. Contact your broker for implementation instructions to get you started.
6541ee95 dd57 4414 bd0f 3a1de7e5be19

Good Trading

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 when it comes to Futures Trading.

 

Futures Trading Levels

6-09-2021

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Economic Reports, source: 

 www.BetterTrader.co

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Futures Support and Resistance Levels 6.08.2021

Dear Traders,

Like us on FaceBook!
Get Real Time updates and more on our private FB group!
6541ee95 dd57 4414 bd0f 3a1de7e5be19

Good Trading

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 when it comes to Futures Trading.

 

Futures Trading Levels

6-08-2021

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Economic Reports, source: 

 www.BetterTrader.co

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Versea Signal Trading Alerts & Support and Resistance Levels 6.04.2021

Dear Traders,

Like us on FaceBook!
Get Real Time updates and more on our private FB group!
Big moves across the board and we have monthly unemployment numbers tomorrow at 5:30 AM Pacific/ 8:30 Am EST.
VAREA Signal Trading Alerts
Directly to your Inbox!
  • A dynamic research tool for Futures traders based on revolutionary algorithmic IP. Experienced management team has combined decades of trading experience with superior programming capability to produce this unparalleled algorithmic trading product.
  • Daily email to traders identifying trading opportunities (signals) on more than 20 specific tickers per a discrete set of rules and conditions/algorithms.
  • Packages are signals only (Basic, $99/month) or signals with execution suggestions by VAREA trading specialists (Premium, $199/month) and get a free month of the Premium product when you sign up. Contact your broker for implementation instructions to get you started.
6541ee95 dd57 4414 bd0f 3a1de7e5be19

Good Trading

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 when it comes to Futures Trading.

 

Futures Trading Levels

6-04-2021

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Economic Reports, source: 

 www.BetterTrader.co

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Day Trading Crude Oil Futures & Support and Resistance Levels 6.03.2021

Dear Traders,

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Both crude oil and natural gas numbers will be out tomorrow as it is a short trading week.
I wrote the following article on day-trading crude oil futures a few years back and I feel it has some excellent pointers which can help trading any markets. Read the article HERE.

Good Trading

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 when it comes to Futures Trading.

 

Futures Trading Levels

6-03-2021

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Economic Reports, source: 

 www.BetterTrader.co

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Most Common Pitfalls To Avoid When Trading Futures-Commodity Futures & Support and Resistance Levels 6.02.2021

Dear Traders,

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Get Real Time updates and more on our private FB group!
Wishing all of you excellent trading in the month of June!
May your trading have all of the following and more:
  • Patience
  • Discipline
  • Trading Plan
  • Money management
  • Good Risk-reward trades

Most Common Pitfalls To Avoid When Trading Futures-Commodity Futures

500 experienced futures brokers were asked what caused most futures traders to lose money when comes to trading futures.
Their answers reflected the trading experience of more than 10,000 futures traders.  Download the PDF and find out what they said.
1) Have A Plan
Many futures traders trade without a plan. They do not define specific risk and profit objectives before trading. Even if they establish a plan, they “second guess” it and don’t stick to it, particularly if the trade is a loss. Consequently, they overtrade and use their equity to the limit (are undercapitalized), which puts them in a squeeze and forces them to liquidate positions. Usually, they liquidate the good trades and keep the bad ones.
2) News Factor
Many traders don’t realize the news they hear and read has, in many cases, already been discounted by the market.
3) Trade Objectively
After several profitable trades, many speculators become wild and non conservative. They base their trades on hunches and long shots, rather than sound fundamental and technical reasoning, or put their money into one deal that “can’t fail.”
4) Know Your Size
Traders often try to carry too big a position with too little capital and trade too frequently for the size of the account.
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Good Trading

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 when it comes to Futures Trading.

 

Futures Trading Levels

6-02-2021

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Economic Reports, source: 

 www.BetterTrader.co

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Memorial Day Trading Schedule, Indicators that can Help you with Exits & Support and Resistance Levels 5.31.2021

Dear Traders,

Like us on FaceBook!
Get Real Time updates and more on our private FB group!
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Memorial Day Futures CME GLOBEX Trading Schedule below:
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Trading Videos 101: Curious on an indicator that can help you with EXITS? How about using a certain indicator as a trailing stop?

Watch the latest trading videos we have posted and see if you can pick a tip or two on trading smarter!
In this week’s newsletter we are sharing four videos, each a few minutes long. The videos discuss practical tips for trading and sharing our experience with you
1. Using bolinger Bands as a possible tool for exiting trades
2. One way you can use the Parabolics study ( also known as PSAR) to manage current positions, possibly as a trailing stop
3. Different ways traders can utilize support and resistance levels in their trading.
4. Entering trades on a stop, using “price confirmation”.
5. Utilizing Range Bar charts for shorter term trading as a way to try and filter out some noise.

Good Trading

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 when it comes to Futures Trading.

 

Futures Trading Levels

5-31-2021

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Weekly Levels

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Economic Reports, source: 

www.mrci.com/reports.php

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Memorial Day Trading Schedule & Support and Resistance Levels 5.28.2021

Dear Traders,

Like us on FaceBook!
Get Real Time updates and more on our private FB group!
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Memorial Day Futures CME GLOBEX Trading Schedule below:
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6541ee95 dd57 4414 bd0f 3a1de7e5be19

Good Trading

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 when it comes to Futures Trading.

 

Futures Trading Levels

5-28-2021

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Economic Reports, source: 

 www.BetterTrader.co

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Rollover to August Gold & September Bonds, Memorial Trading Schedule & Support and Resistance Levels 5.26.2021

Dear Traders,

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Get Real Time updates and more on our private FB group!
August is FRONT month for gold.
September will be front month for bonds/ 10 years etc. starting tomorrow.
Memorial Day Futures CME GLOBEX Trading Schedule below:
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6541ee95 dd57 4414 bd0f 3a1de7e5be19

Good Trading

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 when it comes to Futures Trading.

 

Futures Trading Levels

5-27-2021

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Economic Reports, source: 

 www.BetterTrader.co

7e1e1ec4 9580 4d0b 8ec2 1600f4397d3e

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.