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.

Futures Trading Levels 2.27.2019

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!
signals 1
  • Free Sierra Charts!
    For a Limited Time
    Cannon Trading Company will welcome new clients with this special offer
    • Day Trading Margins starting at $500.00
    • FREE advance charting with Sierra Charts**
    • FREE Order Flow Style Charts
    *Minimum account balance $5,000
    **for NEW accounts with 10 trades or more per month

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

02-27-2019

294bf970 7742 4a9f a7e9 1d626d83df17

 


Economic Reports, source: 

BetterTrader.co

e32b8eb1 34be 46e8 bb33 877ea13053fb

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.

Levels for February 26th

Posted on by Ilan

____________________________________________________________________

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

____________________________________________________________________

Hello Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
From www.Econoday.com:
The Bureau of Economic Analysis (BEA) will release fourth-quarter GDP, originally scheduled for January 30, on Thursday, February 28. The BEA is calling this the “initial” release which will compress what are normally the first and second estimates (the second estimate was originally scheduled for February 28). The final release for fourth-quarter GDP remains scheduled for March 28.
On Friday, March 1, the BEA will release a single report that will include personal income and outlays for December, which was originally scheduled for January 31, as well as personal income for January as scheduled. Outlays for January, however, as well as the savings rate will not be included in this release.
International trade in goods and services for December, which was originally set for February 5, will be posted on Wednesday, March 6.
For the Census Department changes are as follows:
Durable goods orders for December will be posted on February 21 with January through March to be announced.
Wholesale trade for December is scheduled for February 25 with dates for January through March to be announced. Housing Starts for December are set for February 26 with dates for January to March likewise to be announced.
Factory orders for December are set for February 27 and to be announced at a later date will be January through March. Advance economic indicators for December — international trade in goods, retail inventories, wholesale inventories — will also be posted February 27 with January through March to be announced.
March 4 will see December construction spending and March 5 December new home sales with January through March data for both series to be announced.
Advance quarterly services for the fourth quarter that was set for March 7 has been canceled and not rescheduled. Final quarterly services for the fourth quarter are scheduled for March 21.
5bf8bb77 afac 4110 9931 de5d710004d3
Free Sierra Charts!
For a Limited Time
Cannon Trading Company will welcome new clients with this special offer
  • Day Trading Margins starting at $500.00
  • FREE advance charting with Sierra Charts**
  • FREE Order Flow Style Charts
*Minimum account balance $5,000
**for NEW accounts with 10 trades or more per month
logo
stars
bea1715f 3c04 4673 a12c a5710afa551c

Futures Trading Levels

02-26-2019

dbd3a4f7 ab7a 4141 997a 9b29a77e2224

 

 

S

Economic Reports
provided by: BetterTrader.co

 

52562509 88de 4bc4 a547 63cd54545f96

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.

 

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 Services & Trading Levels 2-21-2019

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!
 Usually I try to share tidbits and information I feel is useful for our clients and prospects.
Today I would like to share some reasons why you should consider Cannon Trading for your futures trading services if you are not already a client:
  1. Choice of Multiple platforms
  2. Series 3 professionals at your fingertips
  3. Match or Beat current commissions
  4. Superb customer service
  5. In business since 1988
  6. Custom services for hedgers, API, day-traders, Option sellers and much more!!
signals 1
  • Free Sierra Charts!
    For a Limited Time
    Cannon Trading Company will welcome new clients with this special offer
    • Day Trading Margins starting at $500.00
    • FREE advance charting with Sierra Charts**
    • FREE Order Flow Style Charts
    *Minimum account balance $5,000
    **for NEW accounts with 10 trades or more per month

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

02-22-2019

 

6a799e85 1521 4459 b691 20b3020ab1aa


Economic Reports, source: 

BetterTrader.co

538dd56e 5579 4a91 9c78 d079896094b3

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.

Heikin Ashi Copper Chart & Support and Resistance Levels

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!
We have a day FULL of reports across the globe, take a look at the reports section below and be ready and aware! daily chart of Copper futures below for your review
5a04f0e6 3479 483c 8014 3a0aedf6c179
signals 1
  • Free Sierra Charts!
    For a Limited Time
    Cannon Trading Company will welcome new clients with this special offer
    • Day Trading Margins starting at $500.00
    • FREE advance charting with Sierra Charts**
    • FREE Order Flow Style Charts
    *Minimum account balance $5,000
    **for NEW accounts with 10 trades or more per month

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

02-21-2019

d2e033ed 781d 47a5 8136 cfd34b820074

 


Economic Reports, source: 

BetterTrader.co

7a7e7e89 b3ce 48b6 901c a0e947285666

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.

Bollinger Bands Trading Tools, Futures Gold Daily Chart & Trading Levels 2.20.2019

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!
Bollinger bands as a tool I use for exits:
Different traders have different ways and reasons why they enter a trade.
I think that exit strategies might be more important than the actual entries….
Some common exits are:
cash stop
Lowest/ highest level over x BARS
time exits ( like MOC if you are a day trader)
Trailing stops on trades that are in profit
$$ amount target or X number of ticks profits
Support and resistance levels
and many more.
One tool I like to use at times is to exit trades using the bollinger bands.
I like to modify the default settings of 20 and 2 and go HIGHER ( like 27 and 2.7) as I go LOWER in time frames.
So lets say I am long gold on the daily chart below, based on my BLUE DIAMOND, I will need to figure on my risk to the downside and perhaps initial target to the upside.
In the example below you will see that in this hypothetical trade, if I was long and using the bollinger bands as a possible exit tool, I would exit the trade on the close today as the close was HIGHER than the upper band ( I circled it with a red ellipse). The same concept can be used with short trades and the lower band.
Sometimes this technique “costs me with early exits” and “leaving money on the table and sometimes it helps me get out of a trade in a timely manner before the market pulls back.
Just sharing some trading pointers as they cross my mind in hopes it can give you some ideas to test and try in SIM mode.
You can get a free trial to the ALGOS used in the chart below .
PS: In between you can see current levels for the nice rally in gold below…..
97709ab9 5b06 43bd b3f4 48b2491081d6
signals 1
  • Free Sierra Charts!
    For a Limited Time
    Cannon Trading Company will welcome new clients with this special offer
    • Day Trading Margins starting at $500.00
    • FREE advance charting with Sierra Charts**
    • FREE Order Flow Style Charts
    *Minimum account balance $5,000
    **for NEW accounts with 10 trades or more per month

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

02-20-2019

3497f738 1eff 4ced b0fb 234a312814f3

 


Economic Reports, source: 

BetterTrader.co

2bd82b29 a298 493e 9c7b 22ada5c05604f

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 & Trading Schedule for President’s Day

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!
No Commentary today.
Holiday Hours for Presidents day below.
Trading levels and reports for tomorrow below as well.
69d8af6c c135 4e01 b6d8 c491f336e237
signals 1
  • Free Sierra Charts!
    For a Limited Time
    Cannon Trading Company will welcome new clients with this special offer
    • Day Trading Margins starting at $500.00
    • FREE advance charting with Sierra Charts**
    • FREE Order Flow Style Charts
    *Minimum account balance $5,000
    **for NEW accounts with 10 trades or more per month

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

02-15-2019

c340bee2 c167 4adf 8860 efd355bbd6dc

 


Economic Reports, source: 

BetterTrader.co

d2a69bc9 d62a 4244 aefe 1f96119489c7

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.

Top 50 Trading Rules & Trading Levels 2.14.2019

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!
Top 50 Trading Rules
Most Common Pitfalls To Avoid When Trading Futures-Commodity Futures
500 experienced futures brokers were asked what caused most futures traders to lose money when comes to trading futures.
Their answers reflected the trading experience of more than 10,000 futures traders.  Download the PDF and find out what they said.

1.) Have a Plan

Many futures traders trade without a plan. They do not define specific risk and profit objectives before trading. Even if they establish a plan, they “second guess” it and don’t stick to it, particularly if the trade is a loss. Consequently, they overtrade and use their equity to the limit (are undercapitalized), which puts them in a squeeze and forces them to liquidate positions. Usually, they liquidate the good trades and keep the bad ones.

2.) News Factor

Many traders don’t realize the news they hear and read has, in many cases, already been discounted by the market.

3.) Trade Objectively

After several profitable trades, many speculators become wild and nonconservative. They base their trades on hunches and long shots, rather than sound fundamental and technical reasoning, or put their money into one deal that “can’t fail.”

4.) Know Your Size

Traders often try to carry too big a position with too little capital and trade too frequently for the size of the account.

5.) Don’t Get Greedy when it comes to Trading Futures

Some traders try to “beat the market” by day trading, nervous scalping, and getting greedy.
69d8af6c c135 4e01 b6d8 c491f336e237
fc8d4fd8 ee18 4fd8 b255 f4e07ccdd742
Futures Trading Videos:
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….

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

02-14-2019

a03b72d3 6287 486e 8734 be18f53bb462

 


Economic Reports, source: 

BetterTrader.co

49257a02 61f9 436a 9a05 a5a58f19e46e

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.

President’s Day 2019 Holiday Schedule for CME / Globex and ICE Exchange

Posted on by Ilan

President’s Day 2019 Holiday Schedule for CME / Globex and ICE Exchange

 

69d8af6c c135 4e01 b6d8 c491f336e237

 

*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®  President’s Day 2019 Holiday Schedule

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

Ice Futures President’s 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.

What type of Trading Day is it? & Trading Levels 2.13.2019

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!
Trading 102: What type of Trading Day is it?
The strong contrast between the last few days speed and behavior of different markets across the board compared to what we witnessed in January, brought me to share this piece:
  • 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)
Feel free to reach out to your current Cannon broker or contact person if you like to expand on the topic.
fc8d4fd8 ee18 4fd8 b255 f4e07ccdd742
Futures Trading Videos:
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….

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

02-13-2019

aaa2a64d d08b 4e76 abb2 5acd4c88bf8b

 


Economic Reports, source: 

BetterTrader.co

b1103aa5 ebbf 4431 b1f8 8e8cab1b546a

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 Blood Type? & Futures Trading Levels 2.08.2019

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!
Trading 102: What’s Your Trading blood type?
This is a reprint of an article Ilan Levy-Mayer, VP of Cannon wrote for SFO magazine a few years back. Valuable information which we wanted to share with you:
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, it becomes quite possible to match different “blood types” of those traders with their correct “trading diets.” Clearly, we’re not talking the medical blood type here, but in the figurative sense it makes the right point. With practice, it’s not too hard to determine blood types (type of trading best suited to the individual) based on the personality of the trader, and then prescribe a diet based on that individual trader’s capital, experience, risk profile and schedule.
Feel free to reach out to your current Cannon broker or contact person if you like to expand on the topic.
fc8d4fd8 ee18 4fd8 b255 f4e07ccdd742
Futures Trading Videos:
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….

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

02-08-2019

4f62d35e 737d 4c98 81df 48d37b501984

 


Economic Reports, source: 

BetterTrader.co

ba334080 31d1 4f9a 820c a36df7ad9598

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.