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.

BetterTrader App & Futures Trading Levels 12.13.2019

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!
FOMC tomorrow
What a Single tweet Can Do….
This morning at 6:47 Am pacific time ( 9:47 AM EST), “conveniently” 17 minutes after stock market opens…President Trump Tweeted: ” We are very close to a deal with China….”At that time, SP were lower by few points, NASDAQ was lower by about 20 points…Within seconds and minutes, the markets had a monster rally!!
The Point of the story is that I actually heard the tweet in real-time as it came out. In a digitized voice!
I use an app that sits on my browser and reads for me real time tweets based on my criteria. one of them is any Trump tweets.
In addition the app also lets me know what economic reports are coming out, large moves in the markets, trade ideas based on economic reports, past statistics and much more!!
You an see a screen shot of how the app looks like and sign up for 7 days trial HERE
PS: Start trading March stock indices like NQH20, ESH20 etc.
It is time to
PS2: Tomorrow is Friday the 13th….
betterTraderApp

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

12-13-2019

44349f71 b3d3 497e b0b0 6be97102ec30

Futures Trading


Economic Reports, source: 

bettertrader.co

1d72b194 d5b6 4530 a7f2 b51c969e0517

 

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.

FOMC Tomorrow & Trading Levels 12.11.2019

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!
FOMC tomorrow
FOMC tomorrow. FED watch tool by CME shows the countdown, the odds and more.
Right now it seems like 98% that Fed will NOT CHANGE RATES
The following are my PERSONAL suggestions on trading during FOMC days:
·    Reduce trading size
·    Be extra picky = no trade is better than a bad trade
·    Choose entry points wisely. Look at longer time frame support and resistance for entry. Take the approach of entering at points where you normally would have placed protective stops. Example, trader x looking to go long the mini SP at 2925.00 with a stop at 2919.00, instead “stretch the price bands” due to volatility and place an entry order to buy at 2919.75 and place a stop a few points below in this hypothetical example ( consider current volatility along with support and resistance levels).
·    Expect the higher volatility during and right after the announcement
·    Expect to see some “vacuum” ( low volume, big zigzags) right before the number.
·    Consider using automated stops and limits attached to your entry order as the market can move very fast at times.
·    Keep in mind statement comes out at 1 Pm Central time, the news conference which dissects the language comes out 30 minutes later so the volatility window stretches out.
·    Know what the market was expecting, learn what came out and observe market reaction for clues
·    Be patient and be disciplined
·    If in doubt, stay out!!
Not a client of Cannon Trading yet?

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

12-11-2019

c413e82a 3997 41a1 a9ce e62f0eea2f80

Futures Trading


Economic Reports, source: 

bettertrader.co

03d9f445 e69b 47e3 8e39 77d6dd77a46a

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.

Reading the Type of Trading Day & Trading Levels 12.10.2019

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!
If you could only tell the type of trading day it would be…..
I think it would make your life MUCH easier…
I was thinking about it today with the strong contrast of between the type of action/speed/volume we saw today across many markets to the type of trading we had Friday, post unemployment report.
It’s like driving a car and flying a plane….some common skills required and some very different ones needed.
  • My opinion is that there are 3 main types of trading days.
1. Most common is two sided trading action with swings up and down – this type of trading day is most suitable for using support and resistance levels along with overbought /oversold indicators.
2. Strong trending day, mostly one directional – this type of trading day is the least common, many times will happen on Mondays and maybe 3-5 times a month at most – this type of trading day is most suitable for using ADX, MACD crossovers and pretty much looking for pullbacks to jump on the trend
3. Slow and/ or choppy trading day – this type of trading day is best suited for taking small profits from the market by looking at volume spikes, using stochastics as possible entry signals and usually wait for a pullback before jumping in.
  • Good question is how can one asses what type of trading day we will have while the market is still trading….I am doing some work about it and will be happy to hear feedback via email but here are some initial observations:
  1. Was the overnight session a wide, two sided trading range? If the answer is yes, good chances for similar trading day during the primary session ( primary session is when the cash/ stock market is open)
  2. Mondays have the highest chance for trending days
  3. The behavior of the first hour of trading can also suggests the type of action for the rest of the day.
  4. If the first 30 minutes have good volume, better chances for type 1 or type 2 trading days.
  5. low volume during first 30 minutes can suggest a choppy (type 3 trading day)
PS: One reason I like to use range bar charts for day-trading is exactly what written above….Range bars will function as a part filter for the “problem of slower/faster markets”.
Not a client of Cannon Trading yet?

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

12-10-2019

fdcbc43d 94cc 40d4 843d 93c92c36ede9

Futures Trading


Economic Reports, source: 

bettertrader.co

6f2cdb6b 0178 4185 8e0d 8f1a6a882c2e

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.

ES Chart for Review & Futures Levels 12.06.2019

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!
WTF Just Happened??
At approximately 11:57 A.M., Pacific Time / 2:57 P.M. Eastern Time, I overheard one of my colleagues yell, “WTF just happened to the mini S&P?”
As I looked at my screen I saw the market taking a fast nose dive –an almost 8-point slide in less than 30 seconds – only to bounce right back to the price where it was originally trading.
So I decided to try and decipher the mystery.
You can see a 10-second chart below showing when the sell-off occurred. Here are my guesses:
1. A very large ALGO trade hit the market when the bid levels were relatively thin. The algo was using hourly charts and the order was entered right before the prior 1-hour bar was completed. My guess is that the trade was 10,000 lots or more. It took the market down 8 full points.
2. Someone entered a FAT FINGER TRADE and may very well have lost their job because they entered a 10,000-lot order instead of a 1,000- or even a 100-lot order.
3. The market is just trading much higher than it used to 2 or 3 years ago and the volume is not what it used to be during volatile times. Instead of seeing 500 orders at the nearby bid and offer, there were only 100 orders bid/offered on each side of the market. As a result, it took the market a few points to absorb large orders. If done by mistake or not, erratic moves like that can happen. It’s possible large investors/institutions were involved.
PS: If you want access to the buy signal that appeared right at the end of the sell off and marked with a blue square….visit the FREE trial page here.
Click on image below to enlarge
c70ec047 103f 49a2 8e1b a1484d26dfd5

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

12-06-2019

a60cf5a3 b478 4cad a71b 3f892d3d5fa1

Futures Trading


Economic Reports, source: 

bettertrader.co

9e9a5b98 995e 4828 9ca0 cf54a6619b03

 

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.

Survivor Day Trading & Trading Levels 12.05.2019

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!
Survivor Day Trading
This article was published by the Stocks, Futures, & Options Magazine in September, 2007 and was written by our VP, Ilan Levy-Mayer. We think this article is timeless and whether you are beginner or advanced trader, you will enjoy it and hopefully benefit from it the next time “your bad self tells you to average down or double down on that losing trade……
Perhaps the greatest luxury I have in this business is the ability to observe the experiences of many traders with different personalities, life schedules and risk capital, each trading in a variety of markets. What most astute brokers realize is that, over time, as some individuals prematurely exit winners while others desperately cling to losers.
I started as a commodity broker back in 1998, when commissions of $25 per round turn for the E-minis were considered a deep discount. I had the luxury of observing many types of day traders and saw things from the sidelines that most traders could not see during the heat of battle, one of which is the importance of solid money management for the long-term survival of day trade.
Day trading is by definition a trade that is initiated and completed during the same trading day. In this wide category, you will find many types of traders. On one end of the spectrum are scalpers, who go for one or two ticks of profit several times a day in trades lasting just seconds. On the other side are speculators who stay in a position from the start of the day until the close. One of the main appeals of day trading for all types is that the trader goes home flat without having to worry about positions. When the market closes, the day is done.
Money management, as the name implies, is applying prudent principles to help conserve your trade (risk) capital. Without risk capital to trade, a speculator does not have a chance to succeed.
Preserve Your Trading Capital
Not a client of Cannon Trading yet?

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

12-05-2019

55195fa9 77c8 463c 9174 9f88d052dfe9

Futures Trading


Economic Reports, source: 

bettertrader.co

cd1dbc5e 4e1d 4c61 a488 d16104e938e9

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 Trading Levels for December 4th, 2019

Posted on by Ilan

_____________________________________________

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

_________________________________________________

Dear Traders,

 

December started out with much higher volatility than we have witnessed during November!!
Adjust accordingly. Stops/limits/ targets/contract size should all be adjusted accordingly.
Sell signal on mini Russell was confirmed Monday, the question is How much more room to the downside?
be15afda 3ca9 4a4a ba2c e62756012c8c
Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
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

12-04-2019

6da3fb8f b4e7 4aed 867f 5003f52576c9

Futures Trading


Economic Reports, source: 

bettertrader.co

aa4ccc02 ab24 415c 8a5e c35f2c1ff52e

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 t

Futures Trading Levels for 11.26.2019

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!

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

11-26-2019

4e66fd18 fb73 4354 89ad c592a5124cc2

Futures Trading


Economic Reports, source: 

bettertrader.co

01288041 b909 4411 bdba f698e0721b7e

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.

Thanksgiving Day Trading Schedule, Real Time Text Alerts Trial & Futures Trading Levels for November 25th

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!

Thanksgiving Day 2019 Holiday Schedule for CME / Globex and ICE Exchange

a3b2ed03 f8f0 415f 9fbf 7a1146aac382
Trading Alerts via Text Directly to Your Phone FREE TRIAL
3 Weeks FREE TRIAL
The real time trade alerts FREE 3-week trial uses a combination of proprietary information technical studies, trading ALGOS and a few popular indicators for confirmation.
All trades are intended to be day trades and will be complimented with text exits at any time after entry and at the latest by the end of the trading day.
You will receive a text and email each time there is an entry or exit in a simple language along with the current price for that specific market.
Text alerts available to US and Canada residents. Int’l clients will receive the alerts via email.
Real-time trade signals via text available for the following markets:
* Gold, silver, copper, platinum
* mini SP, mini Nasdaq, mini Dow, mini Russell
* Major currenciey pairs
* Wheat, Beans, Soymeal, Bean oil
* Crude oil, RBOB, Heating oil, Natural gas
* 30 year Bonds and 10 year Notes
* Hogs, Cattle

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.

 

Futures Trading Levels

11-25-2019

39e68b25 bacb 4b7a a5aa b120571bdc5a

81a83524 92d3 450a b637 1247ec14e498


Economic Reports, source: 

https://www.mrci.com/reports.php 

527c700c ff36 41e4 a7ee 02a4d1f7912d

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.

Thanksgiving Day 2019 Holiday Schedule & Trading Levels 11.22.2019

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!

Thanksgiving Day 2019 Holiday Schedule for CME / Globex and ICE Exchange

a3b2ed03 f8f0 415f 9fbf 7a1146aac382

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.

 

Futures Trading Levels

11-22-2019

21024996 efff 483c 82d5 abd2f06b476d

81a83524 92d3 450a b637 1247ec14e498


Economic Reports, source: 

bettertrader.co

f24d1b0a 9886 4e8c 8c21 e490c16da55c

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.

Thanksgiving Day 2019 Holiday Schedule for CME / Globex and ICE Exchange

Posted on by Ilan

Thanksgiving Day 2019 Holiday Schedule for CME / Globex and ICE Exchange

 

ICE Futures

 

*Dates and times are subject to change

If you have any questions, please call the CME Global Command Center at +1 800 438 8616, in Europe at +44 800 898 013 or in Asia at +65 6532 5010

Globex®  Thanksgiving 2019 Holiday Schedule

More details at: http://www.cmegroup.com/tools-information/holiday-calendar.html 

ICE Futures Thanksgiving 2019 Holiday Schedule

Detailed holiday hours for ICE Futures: https://www.theice.com/holiday-hours

The above sources were compiled from sources believed to be reliable. Cannon Trading assumes no responsibility for any errors or omissions.  It is meant as an alert to events that may affect trading strategies and is not necessarily complete.  The closing times for certain contracts may have been rescheduled.

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.