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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.

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

Posted on by Ilan

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

 

July4thHours

 

*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®  Independence Day 2019 Holiday Schedule

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

Ice Futures Independence Day 2019 Holiday Schedule

Detailed holiday hours: 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.

Futures Options Writing + Dow Jones CASH Index Chart + Levels 6.26.2019

Posted on by Ilan

____________________________________________________________________

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

____________________________________________________________________

Dear Traders,

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What is the minimum amount to open a futures trading account?
We are often asked what is the minimum to open a futures trading account? The simple answer is $750. The more in depth answer depends on the type of trading the clients would like to do and possible margin implications/ factors.
$750 will allow you to open a futures trading account where you can trade MICROS.
To day-trade other futures, our minimum account funding is $2500.
If you are looking to swing trade or carry positions for longer term trades, you need to be aware of the overnight margins for different contracts and we usually like to see you start with $5,000
If you are looking to sell options and collect premium*, we normally like to see at least $10,000 minimum funding.
The bottom line is that the trading capital you will use needs to be pure risk capital, something you will be comfortable with and our licensed brokers will be happy to provide feedback, answer questions and much more.
*Cannon offers SPAN margins for options sellers.
Many brokers will restrict or increase the margins required for options sellers, traders who like to “collect premium” but here at cannon we can find you the best set up utilizing the multiple clearing arrangements we have with more than a few FCMs.
Daily chart of the Dow Jones CASH Index for your review below.
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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.

 

Futures Trading Levels

06-26-2019

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Economic Reports, source: 

bettertrader.co

27240827 9c6f 485e b795 c315bf0cee52

 

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.

Free eBook Offer & Futures Levels 6.25.2019

Posted on by Ilan

____________________________________________________________________

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

____________________________________________________________________

Dear Traders,

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This week should be full of action!
OPEC meeting, Fed. officials speaking, important economic data as well as earning season in full affect.
It will be interesting to see market action across the board. Both Bitcoin and Gold enjoyed a nice up swing these past few days and bonds continue to price in lower rates/safe heaven factor.
As you are trading, perhaps short trading, pay attention to the current correlation of the market you are trading with other markets, as these other markets can at times provide an earlier clues for the direction of the market you are trading. Example may be crude oil and stock indices. There was a good period of time last year, where crude almost acted as a leading indicator to stock indices in a direct correlation.
Another example, may be the price of US $ index and gold futures. usually, reverse correlation, at times stronger correlation, at times less.
We have gathered a few articles on topics such as above and others and put it together into an eBook.
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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.

 

Futures Trading Levels

06-25-2019

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Economic Reports, source: 

bettertrader.co

6a44bd2a dcea 40f9 a91b 482cb88fe106

 

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.

Quick Tip Trading Videos & Futures Levels 6.21.2019

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!
Four Quick Video Tips to Improve Your Trading Right Away!
In these short videos, Ilan Levy-Mayer of Cannon Trading shares a few tips you can start implementing right away, regardless of what markets you trade or your time frame.
These videos will provide you with easy steps and actual ideas to test. You will be able to practice these techniques and judge for yourself. No cost, no obligation.
Here are the topics we will cover in these short videos:
1. Ever wondered when to exit a trade? Tak a look at what Ilan has to share on Bollinger Bands and a study called PARABOLICS
2. Have you ever been about to enter a trade and looking for one more confirmation? Take a look at how Ilan uses a simple technique called “Price Confirmation”
3. You have probably heard about support and resistance levels more than a few times…Ilan will share with you the most common uses you can make of support and resistance levels.
4. If you are a short-term trader, you may want to say goodbye to your 1 min, 3 min and 5 min charts etc., and say “Hello” to Range Bar charts. Learn how range bar charts can filter out the noise when it comes to short-term trading.
bdf6db09 7692 48a4 8450 9a8d7d5f2d31

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

06-20-2019

44aee605 1001 4950 9e71 eec74fbc81b6

 


Economic Reports, source: 

bettertrader.co

762eda9e 6eea 4812 8da1 6dc4ab174fc3

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.

Daily Gold Chart & Futures Levels 6.20.2019

Posted on by Ilan

____________________________________________________________________

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

____________________________________________________________________

Dear Traders,

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  • FOMC is behind us. rates left unchanged.
Many times, the real reaction is the day after.
  • June indices go off the board in quadruple witching, Friday 21st at 8:30 AM central time.
  • Gold just broke above highs from February of this year, daily chart with possible next targets and support levels for your review below.
Last Trading
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bdf6db09 7692 48a4 8450 9a8d7d5f2d31

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

06-20-2019

 

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Economic Reports, source: 

bettertrader.co

b09f129e 837c 439b bfe1 2107bb29b77c

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 6.19.2019

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:
According to CME Group’s FedWatch tool, the chance for a rate cut on Wednesday dropped from 23.3% on Friday to 17.5% Monday and back to 24.2% today!!
The market will certainly be paying attention to the language, even in the absence of a cut.
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.
·    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!!
Last Trading
bdf6db09 7692 48a4 8450 9a8d7d5f2d31

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

06-19-2019

e8ab6ede 3dc3 4290 b48e 689b47459ce7

 


Economic Reports, source: 

bettertrader.co

1f6d9c6e a512 4ef1 b9bb c295e4c8c836

 

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.

Which Market is Right for you? & Futures Levels 6.18.2019

Posted on by Ilan

____________________________________________________________________

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!
Which Market is Right for you?
by: Ilan Levy-Mayer VP Cannon Trading
So you got a taste of the markets and trading and now you are getting more involved, excited and looking to progress. Many questions ahead for you as a trader and as time progresses you will evolve and find out if trading is suitable for you and if so what type of trading, what type of risk capital and other questions that will come up. Many of these will appear as you progress and your knowledge increase. Some of these questions need to be answered before you start trading.
1. How much risk capital do I have?
2. What markets do I want to trade?
3. What style of trading do I want to employ?
The answer to question 1 will vary for each trader based on their financial situation but the bottom line is, make sure you trade with money you can afford to lose.
The answer to question 2 has a few levels: First is what asset class are you looking to trade? Stocks/ equities? perhaps FOREX or maybe futures? Since my area of expertise is futures, commodities and future options I would like to expand on this asset class.
The answer to question 3 deserves a post of it’s own….
Trading futures offers many advantages as well as some drawbacks. For many traders who prefer to day trade ( you enter and exit the position during the same session and avoid holding positions from one day to another), trading futures is a great alternative to day trading stocks. In stocks you need to have minimum of $25,000 to day-trade. In futures you only need $2500. The build in leverage in the futures market, intensified by the even more so reduced day trading margins, creates a double edge sword: Small moves can translate into big wins in your pocket BUT small moves against you will also translate into big losses in your 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.

 

Futures Trading Levels

06-18-2019

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Economic Reports, source: 

bettertrader.co

75becf16 6a09 4162 8fed 3804ea83e1de

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 Notice & Futures Levels 6.14.2019

Posted on by Ilan

____________________________________________________________________

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

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Dear Traders,

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Rollover Notice for Stock Index Futures
Stock indices, Currencies, Financials:
The September 2019 futures contracts will be the front month contracts. It is recommended that all new positions be placed in the September 2019 contract as of June 13th.
Volume in the June 2019 contracts will begin to drop off until its expiration on Friday June 21st.
The month code for September is U19
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bdf6db09 7692 48a4 8450 9a8d7d5f2d31

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

06-14-2019

 

1cf200b3 935d 404e b43d 0bea49be98e5


Economic Reports, source: 

bettertrader.co

d199ab23 7060 4f45 9e7b aefd2bba22a0

 

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.

Videos Tips to Improve Your Trading & Trading Levels 6.12.2019

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!
Four Quick Videos Tips to Improve Your Trading Right Away!
By: Ilan Levy-Mayer, Cannon Trading Commodities Broker & VP
In these short videos, Ilan Levy-Mayer of Cannon Trading shares a few tips you can start implementing right away, regardless of what markets you trade or your time frame.
These videos will provide you with easy steps and actual ideas to test. You will be able to practice these techniques and judge for yourself. No cost, no obligation.
Here are the topics we will cover in these short videos:
1. Ever wondered when to exit a trade? Take a look at what Ilan has to share on Bollinger Bands and a study called PARABOLICS
2. Have you ever been about to enter a trade and looking for one more confirmation? Take a look at how Ilan uses a simple technique called “Price Confirmation”
3. You have probably heard about support and resistance levels more than a few times…Ilan will share with you the most common uses you can make of support and resistance levels.
4. If you are a short-term trader, you may want to say goodbye to your 1 min, 3 min and 5 min charts etc., and say “Hello” to Range Bar charts. Learn how range bar charts can filter out the noise when it comes to short-term trading.
69adddc1 caf6 4b29 8bb8 ad77bb3e9855
bdf6db09 7692 48a4 8450 9a8d7d5f2d31

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

06-12-2019

9764c209 3921 4d9c 973d 5e42729b5424

 


Economic Reports, source: 

bettertrader.co

f825cf62 c584 4962 b909 4d3a05f73e01

 

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 Stops & Futures Levels 6.11.2019

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!
1. Day Trading 202: Tight Stops? Wide Stops? Which One Should I Use?
Entry signals are very important but just as important if not more is trade management.
By: Ilan Levy-Mayer, Cannon Trading Commodities Broker & VP
Today I decided to touch more on an educational feature rather than provide a certain market outlook. Many of my clients and blog readers know that when it comes to short term trading I am a fan of adjusting your trading technique/ game plan according to your assessment of the type of trading day that is developing in front of you.
Many new and advanced traders spend HOURS on looking for entry signals. Back testing historical data, creating algorithms to use and much more. I know. I am one of these traders.
Trade management consists of many factors. Some are psychological and some are more mathematical and many are in between. Some of the basic elements of trade management before even entering the trade are: What will my stop loss be**? will i use a stop loss**? What will my target be? will I use a target or just trail the trade if it goes my way?
bdf6db09 7692 48a4 8450 9a8d7d5f2d31

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

06-11-2019

44b1376b 1aee 4d28 bf27 f33c332fd4f4

 


Economic Reports, source: 

bettertrader.co

f90c0c5e 3c60 4bf0 b14b 26e716a90a49

 

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.

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.