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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.

TRADE ENTRY Approaches & Trading Levels 7.30.2020

Posted on by Ilan

_________________________________________________

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

_________________________________________________

Dear Traders,

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Many different ways to make and lose money trading futures, even more so when day trading.
Today’s action in Metals futures ( gold and silver mainly) led me to write about different ways to enter the market:
Three main TRADE ENTRY approaches out there, in my opinion.
The first is what I call the “trend is your friend”. A trader looks at few different time frames, looking to see if there is an established trend on longer time frame ( example 60 minutes chart) and then trying to look for pull back on lower time frames and “join the trend”. Only works for certain markets and only works few times of the month as most days markets do not have an intraday trend.
Second method is what we call break out. Traders will look for markets that have been in a lower volatility situation using indicators such as ADX for example. Then they will look at the chart to find what they feel are levels that if broken can fuel a stronger move in the same direction. These levels can be extracted visually looking at the chart or using highs/ lows of X periods. This method works better on some markets than others. I noticed that crude oil and gold futures tend to have better chances of a continued breakout move than the mini SP 500 for example.
The third one many traders use and believe in is “mean reversion”. Stock index futures in my opinion will fall into this category many trading days. Traders will sometimes use RSI or Williams %R to get a feel for when the market gets away from the mean and will use counter trend methods in this case. Use of stops, when counter trend trading is even more important as you do NOT want to get caught on the few days a month when these markets do incur a break out situation…..
Obviously, all methods have good days, bad days and I guarantee you, none of these methods work all the time on all markets. Knowing the above and trying to understand what method should be the primary method for the market YOU trade and which can be used as secondary can help you while trading.
Next time I am going to touch on something I feel is even more important….Exit Strategies….

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

7-30-2020

 

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Economic Reports, source: 

https://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.

Big Things at the Small Exchange & Futures Levels 7.24.2020

Posted on by Ilan

_________________________________________________

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

_________________________________________________

Small Exchange

 

Dear Traders,

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Allow Cannon Trading to make 2020 the year of a BETTER Trading vision!!
🙂

Big Things at the Small Exchange

SMALL EXCHANGE RESOURCES

A New Way to Trade Equities, Commodities & Forex!
Gain exposure to popular markets with standardized tick values and expiration dates on the Small Exchange. This brand new exchange joins the benefits of trading futures like capital efficiency, with the accessibility of the stock market. Learn why Smalls are a simple yet exciting addition to your trading plan.
New products by a new exchange!!
Contracts are using pricing format like stocks and equities and include the following:
Small Stocks 75 finds the most active stocks from the five major sectors – technology, industrial, energy, financial, material – and adjusts with shifts in the equity environment to give you an engaging stock market at all times.
Small Precious Metals combines and weights the three most popular metals by global production, US consumption, and trade volume to give you one comprehensive perspective.
Small US Dollar is priced directly to the dollar, and it spreads USD exposure across the Euro, Chinese Renminbi, Japanese Yen, British Pound, Canadian Dollar, Australian Dollar, and Mexican Peso.

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

7-23-2020

 

small exchange


Economic Reports, source: 

https://bettertrader.co/ 

small exchange

 

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.

Weekly Options as Trading Weapon & Future Levels 7.23.2020

Posted on by Ilan

_________________________________________________

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!
Allow Cannon Trading to make 2020 the year of a BETTER Trading vision!!
🙂
Trading 102: Tired of Getting Stopped Out on your Day trades?
Weekly Options as Trading Weapon
by John Thorpe, Senior Broker
There are 100’s of indicators available to traders to assist with decision making that can be applied to technical analysis, which is precisely the reason to utilize a sound and inexpensive weekly ES strategy to compliment a day trading strategy.
  1. There are two main uses for the Weekly options As a hedge, no need for stops
  2. As a pure speculation. A relatively inexpensive way to speculate on market direction in a time frame that can be for minutes, hours or a few days without the need to use stops.
Briefly, the definition of an option contract from the National Futures Association is: An investment vehicle which gives the option buyer the right—but not the obligation—to buy or sell a particular futures contract at a stated price at the specified expiration date. There are two separate and distinct types of options: calls and puts. These weekly options are European Style, Exercisable to the nearest futures contract at 3 pm Central time on Friday. If in the money by any amount, the exercise is automatic.

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

7-23-2020

 

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Economic Reports, source: 

https://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.

Silver Futures Chart & Trading Levels 7.22.2020

Posted on by Ilan

_________________________________________________

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!
Allow Cannon Trading to make 2020 the year of a BETTER Trading vision!!
🙂
Do you have a question about trade set ups?
Perhaps you would like to get a second opinion on different ways to use stops?
Maybe you are looking to learn more about weekly options?
It could be that you just need to talk to one about trading techniques, get a second opinion etc?
If you answered yes to any of the above, feel free to sign up for a FREE, no obligation “Trader’s Consultation” and be able to chat/email/talk to an experienced account executive who can share some new ideas and concepts with you to assist you in your own trading.
Silver futures broke higher in an impressive way!! Daily chart below
Would you like to apply the same signals you see highlighted below on your own charts?
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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

7-22-2020

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Economic Reports, source: 

https://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.

Trading Videos 101 & Futures Levels 7.21.2020

Posted on by Ilan

_________________________________________________

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!
Allow Cannon Trading to make 2020 the year of a BETTER Trading vision!!
🙂
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 blog entry today 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 Bollinger 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

7-21-2020

 

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Economic Reports, source: 

https://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.

Cannon Forex Pro Trader & Futures Trading Levels 7.17.2020

Posted on by Ilan
Like us on FaceBook!
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As many of you know Cannon has been providing futures trading solutions since 1988. What many don’t know is that Cannon is also offering FOREX (spot FX trading solutions) with the same level of support you have gotten accustomed to on the futures side.
We are proud to announce the addition of an FX powerhouse, IG.
IG US LLC is a registered Retail Foreign Exchange Dealer with the CFTC and a member of the National
Futures Association (NFA). IG Group, the parent company, was founded in 1974 (45 years) and is
listed on the London Stock Exchange. They have built a business around championing their clients
by providing them with cutting-edge tools and 24-hour support. They offer over 80 FX pairs and an
award-winning platform. The IG Group now serves 178,000 clients all over the world, from offices in
16 countries, based across five continents.
Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose.
Below is a video I took a few weeks ago during live market action where I share a couple of trade set ups, reasons why I took the trades, thinking behind it, money management and more. If you like what you see, you can sign up for a FREE TRIAL here.

Good Trading

Trading Futures, Options on Futures, Gold 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

07-17-2020

 

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Did you know?
Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo


Economic Reports, source: 

All times are Eastern Time Zone
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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.

Will Coffee’s Down Trend Continue? Daily Chart and Support & Resistance Levels 7.16.2020

Posted on by Ilan
Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!

Coffee Futures Trading

Do you have a question about trade set ups?
Perhaps you would like to get a second opinion on different ways to use stops?
Maybe you are looking to learn more about weekly options?
It could be that you just need to talk to one about trading techniques, get a second opinion etc?
If you answered yes to any of the above, feel free to sign up for a FREE, no obligation “Trader’s Consultation” and be able to chat/email/talk to an experienced account executive who can share some new ideas and concepts with you to assist you in your own coffee futures trading.
Coffee futures are consolidating and the big question is will the down trend continues or is the market due for a short covering bounce? Daily chart below
coffee futures

Good Trading

Trading Futures, Options on Futures, Gold 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

07-16-2020

coffee futures

Did you know?
Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo


Economic Reports, source: 

https://bettertrader.co
All times are Eastern Time Zone
coffee futures

 

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.

Trading Tips Videos & Futures Trading Levels 7.15.2020

Posted on by Ilan

Futures Trading Strategies

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Stay nimble as markets changing direction and bias rather quickly these past few days…
Don’t get married to one position and don’t let one trade wipe you out….
Quick video below on futures trading strategies such as using support and resistance levels while trading.
You can view a few more educational videos such as this here.
Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose. Look through the video above for futures trading strategies. Keep in mind that no responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to the accuracy, nor they purport to be complete.

Futures Trading Levels

07-15-2020

futures trading strategies

Did you know?
Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo


Economic Reports, source: 

https://bettertrader.co
All times are Eastern Time Zone
futures trading strategies

 

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 the 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.

Futures Trading Levels for July 14th + Concept of Price Confirmation

Posted on by Ilan
Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
Some large moves today in several markets with a “Key reversal” on stock indices – in my opinion.
More than a few banks will report earnings tomorrow morning – pay attention.
Gold, Silver continue to be strong and flirting with multi years highs.
Quick video below on using a concept I call “price confirmation” as a way to filter our some of the noise and perhaps improve winning ratio.
You can view a few more educational videos such as this here.
https://youtu.be/IZibLbRtavo
As many of you know Cannon has been providing futures trading solutions since 1988. What many don’t know is that Cannon is also offering FOREX (spot FX trading solutions) with the same level of support you have gotten accustomed to on the futures side.
We are proud to announce the addition of an FX powerhouse, IG.
IG US LLC is a registered Retail Foreign Exchange Dealer with the CFTC and a member of the National
Futures Association (NFA). IG Group, the parent company, was founded in 1974 (45 years) and is
listed on the London Stock Exchange. They have built a business around championing their clients
by providing them with cutting-edge tools and 24-hour support. They offer over 80 FX pairs and an
award-winning platform. The IG Group now serves 178,000 clients all over the world, from offices in
16 countries, based across five continents.
Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose.

Futures Trading Levels

07-14-2020

 

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Did you know?
Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo


Economic Reports, source: 

https://bettertrader.co
All times are Eastern Time Zone
26668528 c197 4fb8 b16b 02499b277810

 

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.

Candle Sticks Patterns +Cannon Pro FX Trader + Futures Trading Levels for July 10th

Posted on by Ilan
Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
TOP 10 CANDLESTICK PATTERNS TRADERS SHOULD KNOW – We are sharing 3 today and will share the rest over the next few days – Stay Tuned!!
1 – EVENING STAR AND MORNING STAR
  • The evening and morning star candlestick patterns occur at the end of upwards/downward trends respectively and tend to indicate reversal patterns.
  • The names come from the star shaped formation of the arrangement.
  • As you can see from the image below, the first candlestick is in the direction of the trend, followed by a bullish or bearish candle with a small body. The third candlestick is seen in the direction of the reversal, ideally closing passed the halfway point of the first candlestick.
  • Trading this candlestick pattern will require a confirmation candle in the direction of the respective reversal – for example, traders will look for a bearish candle after the evening star.

Independence Day 2020 Holiday Schedule for CME / Globex and ICE Exchange

top 10 candlestick patterns body eveningstar

2 – BULLISH & BEARISH ENGULFING
  • A bullish or bearish engulfing candlestick pattern may indicate reversal patterns.
  • A bullish engulfing candlestick formation shows bulls outweigh bears. As the pattern below shows, the green body (bulls) covers completely the first candlestick (bears).
  • A bearish engulfing candlestick pattern is small green (or bullish) candle followed by a larger red (bearish) candle immersing the small green candle.

top 10 candlestick patterns body bullishengulfing

top 10 candlestick patterns body bearishengulfing

3 – DOJI
  • The Doji candlestick chart pattern is associated with indecision in the market of the underlying asset. This could mean potential reversal of the current trend or consolidation.
  • This pattern can occur at the top of an uptrend, bottom of a downtrend, or in the middle of a trend.
  • The candlestick itself has an extremely small body centered between a long upper and lower wick.

More to follow and in between try out some of these formations on our FX demo below.

 

top 10 candlestick patterns body doji

As many of you know Cannon has been providing futures trading solutions since 1988. What many don’t know is that Cannon is also offering FOREX (spot FX trading solutions) with the same level of support you have gotten accustomed to on the futures side.
We are proud to announce the addition of an FX powerhouse, IG.
IG US LLC is a registered Retail Foreign Exchange Dealer with the CFTC and a member of the National
Futures Association (NFA). IG Group, the parent company, was founded in 1974 (45 years) and is
listed on the London Stock Exchange. They have built a business around championing their clients
by providing them with cutting-edge tools and 24-hour support. They offer over 80 FX pairs and an
award-winning platform. The IG Group now serves 178,000 clients all over the world, from offices in
16 countries, based across five continents.
Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose.

Futures Trading Levels

07-10-2020

 

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Did you know?
Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo


Economic Reports, source: 

https://bettertrader.co
All times are Eastern Time Zone
a2c80b29 f8ed 467f 8a2c 107492ac8328

 

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.

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.