Open An Account
Free Demo Account Subscribe Here

Category: Future Trading News

As a high risk trading type, futures trading is not for someone who is faint-hearted. Though there are a number of different ways of investing in futures , it is important to stick to what you know. Treading into unknown waters is not something that you should do when dealing in futures.

From managing margins to ordering trades to doing market analysis and more if you want to, you can do that all by yourself – but you may betaking double the risk. Therefore, when trading in futures, it may be better to seek advice from a professional trader.

Professional trading experts at Cannon Trading can help you with your futures trading. We are also there to keep you updated with the latest on futures trading and market news. All the news and latest articles on futures trading are published on our site under the category Archive Futures Trading News, which you are currently browsing through. Read more and the latest here and keep updated.

Rapid Volatility in the Futures Markets & Support and Resistance Levels 3.05.2021

Posted on March 4, 2021March 4, 2021 by Ilan

_________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!

_________________________________________________

Dear Traders,

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

NFP tomorrow. Non Farm Payrolls.

Market moving event that comes out at 7:30 AM central time.

Markets have been moving EXTREMELY FAST. I was watching price action in the NQ, Copper, Crude oil and few more and the velocity of the price moves was something I have not seen since last March when COVID started.

I Personally feel that if you are trading some of these very volatile markets you should have the STOP order attached to your entry. At times I have seen the NQ move over 60 points in less than 15 seconds….

Understand that with this volatility he BANDS get wider. I don’t see how anyone can make money if they are only use 2 points stop on the ES unless they have a crystal ball…..

If you feel over stressed because of volatility, consider reducing trading size, perhaps trading MICROS rather than the minis.

Remember to breath while trading. Try to have the full trading plan before you pull the trigger.

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

3-05-2021

Economic Reports, source:

www.BetterTrader.co

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.

Mini Nasdaq Chart & Support and Resistance Levels 3.03.2021

Posted on March 2, 2021 by Ilan

_________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!

_________________________________________________

Dear Traders,

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Time to trade June bonds, May silver and May copper as well as May grains.

Stock futures and currencies don’t roll over until mid March and we will send a separate notice.

The recent volatility reminds me of last March, when COVID started.

I have a few points to make:

Take a look at the below chart from today on the mini NASDAQ this volatility will play both sides and in MY OPINION this is not a market to just buy and hold using futures….You need to be able to react and adjust positions according to market action and sentiment.
DON’T try to predict tops and bottoms….
Learn to reduce trading size. Perhaps trade smaller contracts like the micros.
Understand that loses are part of trading and this is definitely not a good time to “fight the markets”.
Focus more on risk management and ways to protect certain positions as needed.
Survive to trade another day.
LIMITS guidelines visit: https://www.cmegroup.com/trading/equity-index/faq-sp-500-price-limits.html