Weekly Newsletter #1043 Join us w/ Live Trade Alerts on Facebook Group & Educational Trading Videos & Trading Levels for Week Ahead

Cannon Futures Weekly Newsletter Issue # 1043

Dear Traders,

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Get Real Time updates and market alerts on Twitter!
START TRADING June indices, June currencies. March currencies going into deliveries and March stock indices will cash settle Friday March 19th at 830 AM central time.
Get Real Time updates and more on our private FB group!
Examples of info shared intraday can be seen below in the screen shots from this Thursday!!
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Trading 102: Educational Trading Videos
by: Cannon Trading Brokers
Cannon Trading is happy to share with you a few videos focusing on trading techniques, ideas and tools you can add to your trading arsenal. In this week’s newsletter we are sharing the following 3 videos, about 5 minutes each, ready for immediate viewing on the following topics:
1. Identifying Support And Resistance Using A Line Chart.
2. Finding Levels of Support Resistance
3. Day Trading crude oil futures using fear and greed….
To view videos instantly, please fill out the form below.
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

3-15-2021

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Weekly Levels

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

https://mrci.com

Date Reports/Expiration Notice Dates

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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 herein 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 judgment in trading

Join us on our Private Facebook Group w/ Real Time Future Market Updates & Support and Resistance Levels 3.12.2021

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

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Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
Get Real Time updates and more on our private FB group!
Here is what we shared this morning around 730 AM CDT….
Valuable information, in MY OPINION.
REAL TIME TRADE ALERTS/UPDATES on FACEBOOK

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

3-12-2021

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Economic Reports, source: 

 www.BetterTrader.co

242a438e b17c 4aa2 9500 d1d6ba8ebf1f

 

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 3.11.2021

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

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Dear Traders,

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Get Real Time updates and market alerts on Twitter!
Very few words of wisdom today!
Trade well, be safe, remember to breathe and have a game plan while trading, if you ever catch yourself just REACTING and pulling the trigger with no game plan behind, take a break, pause and reset.
Get Real Time updates and more on our private FB group!

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

3-11-2021

e6d93061 bae3 42cb 9251 134a5725fd18

Economic Reports, source: 

 www.BetterTrader.co

9131566c 6352 4b8c a354 b58f814c0746

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.

Adjusting Trading Style w/ Market Volatility, Join Cannon Trading Real Time Trade Alerts Group & Support and Resistance Levels 3.09.2021

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

_________________________________________________

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
Market pace, dynamics, volatility and the speed of movement are fascinating to say the least.
requires traders to adjust in more than one way.
Reduce trade size?
Widen up targets and stops?
Consider short term options?
Use MICROS rather than the minis?
Get Real Time updates and more on Cannon Trading’s private FB group!
Examples of info shared intraday can be seen below in the screen shots!!
Cannon Trading Facebook Group Real Time updates
Cannon Trading Facebook Group Real Time updates

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

3-10-2021

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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.

Looking at Short Term Options & Support and Resistance Levels 3.09.2021

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

_________________________________________________

Dear Traders,

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Get Real Time updates and market alerts on Twitter!
We started the week exactly where we left off….High, erratic type of volatility. It started on the open Sunday night and did not stop all the way through the session.
When markets move that fast, one way you may want to explore is trading very short term options rather than futures.
Example: You think the SP500 ( ES or MES) are going down today. If you use futures and place a “normal stop” most chances today is that you would have gotten stopped out. A possible alternative to explore is to use the Monday expiration mini SP options. If you buy a put, your risk in that specific example is limited to premium + cost of trade.
You will have MUCH better staying power and a chance to profit if you are correct.
This is obviously a very simple, briefly explained example but our series 3 brokers will be happy to expand, answer questions and review the + and _ of diff. strategies.
One last note about the options, at times activity on options can be used as another possible signal. Example, market is rallying but the closer to the money puts are actually gaining value? that is a sign that there is additional demand and possible pressure lower.

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

3-09-2021

9b3eaf77 78cf 4f16 8ace fa7ad282bfba

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.

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

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

_________________________________________________

Dear Traders,

Like us on FaceBook!
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

Futures Support & Resistance Levels 3.05.2021

Economic Reports, source: 

 www.BetterTrader.co

70a61f41 544f 4864 b3dc 94be7ef9cc9b

 

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

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

_________________________________________________

Dear Traders,

Like us on FaceBook!
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:
  1. 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.
  2. DON’T try to predict tops and bottoms….
  3. Learn to reduce trading size. Perhaps trade smaller contracts like the micros.
  4. Understand that loses are part of trading and this is definitely not a good time to “fight the markets”.
  5. Focus more on risk management and ways to protect certain positions as needed.
  6. Survive to trade another day.
  7. LIMITS guidelines visit: https://www.cmegroup.com/trading/equity-index/faq-sp-500-price-limits.html
Emini Nasdaq NQ Chart

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

3-03-2021

Futures Support & Resistance Levels 3.03.2021

Economic Reports, source: 

 www.BetterTrader.co

BetterTrader Economic Indicators

 

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.

US Bonds Futures Chart & Support and Resistance Levels 3.02.2021

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

_________________________________________________

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
I think March has most trading days of any month.
I wish all of you a great trading month ahead!
Volatility continues. Rates are the driving force now days.
June is now the front month for rates.
May is front month for silver, copper and most grains.
Weekly chart of the US bonds below for review.
30 Year Bond Futures Chart

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

3-02-2021

Futures Support & Resistance Levels 3.02.2021

Economic Reports, source: 

 www.BetterTrader.co

2ef3d2bf e83b 4974 8299 235118d10b06

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.

High Volatility in Futures Markets, NQ Chart & Support and Resistance Levels 2.25.2021

_________________________________________________

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

_________________________________________________

Dear Traders,

Like us on FaceBook!
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.
Tomorrow is the last trading day of the month ( yup…February is a very short trading month….). First and last trading days of the month, can at times experience even higher volatility as large traders may close positions/ profits & losses to start a fresh month.
Also some markets will have end of month options expirations.
The recent volatility reminds me of last March, when COVID started.
I have a few points to make:
  1. 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.
  2. DON’T try to predict tops and bottoms….
  3. Learn to reduce trading size. Perhaps trade smaller contracts like the micros.
  4. Understand that loses are part of trading and this is definitely not a good time to “fight the markets”.
  5. Focus more on risk management and ways to protect certain positions as needed.
  6. Survive to trade another day.
  7. LIMITS guidelines visit: https://www.cmegroup.com/trading/equity-index/faq-sp-500-price-limits.html
Emini Nasdaq NQ 60 minute chart

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

2-26-2021

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Economic Reports, source: 

 www.BetterTrader.co

a68f8b2b 9365 49ef bfd4 019b78dba75f

 

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 2.25.2021

_________________________________________________

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

_________________________________________________

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
Would you like to view real-time “tidbits”, info and insight into the markets?
If so, join our Cannon Trading Facebook group 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

2-25-2021

4fe2f5cf c71d 4f00 9a0b 708554fe47ab

Economic Reports, source: 

 www.BetterTrader.co

cf611d68 9c7c 4ca9 b8cb fffa27440525

 

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.