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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.

Gold Futures Heiken-Ashi Daily Chart & Trading Levels 1.25.2019

Posted on by Ilan

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

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China has been dominating the news and markets/ currencies.
Volatility is taking a break for now compared to few weeks ago. Pay attention and adjust whatever settings you need to adjust. Perhaps the govt. shutdown and hence less economic reports are affecting volatility as well.
Gold Heiken-Ashi Daily Chart Below. 1275 MAJOR support level to watch for:
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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

01-25-2019

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Economic Reports, source: 

BetterTrader.co

c65a668d d513 4da4 ad2f d0a38844544c

 

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 Crude Oil Overview & Trading Levels 1.24.2019

Posted on by Ilan

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

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Dear Traders,

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Crude Oil Futures volatility offers a “different market personality” than stock index futures. Here is some of the things you need to know about day trading crude oil futures:
Crude Oil is one of MY favorite futures market for day trading. Before I dive in and share with you how the volatility in crude oil fits my risk tolerance for day trading and provide a couple of chart examples, we should review some of the specifications of Crude Oil Futures.
Crude Oil Futures have monthly expiration. So each month we trade a different contract month, so one needs to know when is the first notice day and last trading day for crude oil futures in order to always make sure we are trading the proper month with the most liquidity and avoid any chance of getting into delivery situation.
Next is the contract size. Crude Oil futures are based on 1,000 barrels. To be honest from a day trading perspective all I care is that each tick or 1 cent fluctuation is $10 against me or in my favor per contract. That means that a move from 92.94 to 92.74 = $200.
Another factor is trading hours. At the time I am sharing my thoughts with you, April 8th 2013, crude oil futures trade on the CME Globex platform and trade from 5 PM CDT until the next day at 4 PM CDT. That is 23 of straight trading hours. I definitely don’t recommend day trading this market 23 hours…but it is good to know the trading hours.
Volume in crude oil futures is pretty good to trade in my opinion. Averaging about 600,000 contracts per day.
Crude Oil Daily Chart Below:
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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

01-24-2019

 

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Economic Reports, source: 

BetterTrader.co

c9a43a08 c062 4665 8faa ceb51dfc8dfe

 

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.

Be a Leader with Trading Futures & Trading Levels 1.23.2019

Posted on by Ilan

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

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Dear Traders,

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Cannon Trading is looking for good traders to become “Trade Leaders” on the Cannon Echo System
Are you a good trader?
Cannon Trading Co., Inc. (CTC), now celebrating 30 years in futures trading, is currently reaching out to traders with information on its Echo Trading Platform. If you’re a good trader with a worthy track record in trading, consider this: Share your trades on the Echo Trading Platform as an Echo Leader and be compensated for your trading ability. You can set a monthly charge for access to your trades, and conduct your trading as you would normally. We take care of the rest. The back-end programming of the Echo Trading Platform manages all client registration and billing details, so Echo Leaders are free to focus on what really counts – their trading!
Echo Leaders who trade successfully can attract more subscribers and charge higher monthly subscription rates. And what better place for Echo Leaders to attract clients (Echo Followers) than Cannon Trading Co.? We are one of the oldest Introducing Brokers in the United States.
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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

01-23-2019

946e9ba9 1dad 48fb 97bb 331acee352dc

 


Economic Reports, source: 

BetterTrader.co

e549e626 253c 4aa6 84f6 d966ee1d92b5

 

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.

MLK Futures Trading Schedule & Trading Levels 1.17.2019

Posted on by Ilan

____________________________________________________________________

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

____________________________________________________________________

Dear Traders,

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Heads up below regarding Martin Luther King Holiday this coming Monday. Make sure you are aware of the different trading hours.
Most markets are OPEN and will have shorter hours, grains and meats are closed until Monday night / Tuesday morning.
Feel free to call us at + 310 859 9572 with any questions.
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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

01-17-2019

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Economic Reports, source: 

BetterTrader.co

fb33aeaf f338 4498 86c0 792ae169c67d

 

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.

Martin Luther King Day 2019 Holiday Schedule for CME / Globex and ICE Exchange

Posted on by Ilan

Martin Luther King Day 2019 Holiday Schedule for CME / Globex and ICE Exchange

 

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*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®  Martin Luther King Day 2019 Holiday Schedule

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

Ice Futures Martin Luther King 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.

Mini ES Chart & Trading Levels 1.16.2019

Posted on by Ilan

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

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Dear Traders,

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Earnings season is on its way, US Govt. is still shot down, markets are a bit “tired” from the crazy volatility and uncertainty seems to surround many areas of the globe…
My instinct tells me, this is just a break in the high speed volatility and it is just a matter of what will be the next trigger.
In between, a look at some levels for the mini SP 500 based on the daily chart below: 2626 and 2567 sticks out as immediate levels to watch for in my opinion.
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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

01-16-2019

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Economic Reports, source: 

BetterTrader.co

202aa902 c1e0 4147 8585 0d7318fa2180

 

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 Resources, Natural Gas Chart & Trading Levels 1.15.2019

Posted on by Ilan

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

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Dear Traders,

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Trading tip for today:
Entering trades using a STOP order.
Most retail clients I work with will enter trades either at market or using a limit order ( better price than current market price), however, there are times that depending on your trading strategy , entering the trade on a stop order might be better.
Example, you are looking for momentum and making a few ticks and you feel that the current resistance on natural gas is 3.570 and in this hypothetical example the market is trading at 3.550.
You place a buy stop order to enter the market at 3.573 because you want to see the resistance violated and you are looking for possible continuation and follow through if that happens.
If the market does not brake the resistance line in this “educational example”, you dont get in the trade. If it does, then your buy stop will trigger you long at best market price.
Some traders will take this a step further and use a buy stop/limit. example buy stop 3.573 / limit 3.575 meaning fill me if we break 3.573 but no worse than 3.575. In this case you are willing to “miss the trade” but you know what is your predefined slippage.
Feel free to reach out to your current Cannon broker or contact person if you like to expand on the topic.
In between, take a look at the price action on the daily chart of Natural Gas. Up over 15% today!! Support and resistance levels for your review in the chart below.
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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

01-15-2019

3d4c4357 5790 4725 a859 b6007c4298ae

 


Economic Reports, source: 

BetterTrader.co

b28b8f48 1cd2 4366 bb8d a829613a55ab

 

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 Resources, Mini NQ Chart + Trading Levels 1.11.2019

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!
Risk and Opportunities of Futures and Options Trading
This 93 page booklet includes a variety of topics related to trading futures, options, hedging, regulation, spreads, strategies, the exchanges. and much more

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

01-11-2019

ecfffa39 0e32 45d4 8ddc f4c8719a3ad9

 


Economic Reports, source: 

BetterTrader.co

c89ca1de 1648 40c9 ad2b ef1f04ba44c7

 

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.

Stops, Crude Oil Charts + Trading Levels 1.10.2019

Posted on by Ilan

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

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Dear Traders,

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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
This article was published on FinanceMagnates.com back a couple years ago but is definitely a timeless article.
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?
In between, take a look at the price action on the daily chart for crude oil futures. After a major, long sell off, the market has recovered a bit the last few sessions with first major resistance at 55.73
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Risk and Opportunities of Futures and Options Trading
This 93 page booklet includes a variety of topics related to trading futures, options, hedging, regulation, spreads, strategies, the exchanges. and much more

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

01-10-2019

715d1ba9 101f 4fca aea5 ab0d63a09630

 


Economic Reports, source: 

BetterTrader.co

5e1817a7 1171 4f00 b82b 7bc072fbdaf6

 

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.

Dollar Index Chart & Trading Levels 1.09.2019

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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Volatility seems to have slowed down a bit, after many consecutive days of extreme and fast moves.
I think that the markets are “energy” and the participants are humans even if it is the humans behind the ALGOS and hence the extreme volatility got the markets tired and we may see a bit of slow down in the volatility.
Markets have and will go between periods of higher volatility, lower volatility and “normal” volatility.
understand it, observe it and adjust your trading if needed accordingly.
U.S. Shutdown Update
Highlights
January 8, 2019
Today’s international trade report, like yesterday’s report on factory orders, will be delayed due to the government shutdown. Treasury’s monthly budget statement that was set for Friday will also not be released. The Labor Department is open and will post today’s JOLTS report as well as Thursday’s jobless claims and Friday’s consumer price reports. The Federal Reserve is not affected by the shutdown and will post minutes from the December FOMC on Wednesday.
In between, take a look at the price action on the daily chart for Dollar Index which in my opinion been a moving force behind many of the markets across the board.
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Risk and Opportunities of Futures and Options Trading
This 93 page booklet includes a variety of topics related to trading futures, options, hedging, regulation, spreads, strategies, the exchanges. and much more

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

01-09-2019

1bcebb7c 0af7 4d75 b28a c23d4be5c2f3

 


Economic Reports, source: 

BetterTrader.co

d09827b2 59bc 4379 9dd6 04b438672d18

 

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.