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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.

FOMC & Support & Resistance Levels 11.08.2018

Posted on by Ilan

____________________________________________________________________

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

____________________________________________________________________

Dear Traders,

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FOMC decision tomorrow
According to Fed Funds Futures,
No hike this week from FOMC
The probability of another .25 hike this week stands at 5.9%
Market reaction will be language driven
Here is a guide to LIMIT moves in stock indices:
Just in case…..
Few tips when trading stock indices and interest rates on FOMC days:
The following are 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!!

 

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

11-07-2018

 

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Economic Reports, source: 

www.forexfactory.com

 

Date 4:22pm Currency Impact Detail Actual Forecast Previous Graph
ThuNov 8 2:00am EUR
German Trade Balance
 18.2B 18.3B
2:45am EUR
French Trade Balance
 -6.1B -5.6B
4:00am EUR
ECB Economic Bulletin
5:00am EUR
EU Economic Forecasts
Tentative EUR
French 10-y Bond Auction
 0.86|1.6
8:30am USD
Unemployment Claims
 214K 214K
8th-9th USD
Mortgage Delinquencies
 4.36%
10:30am USD
Natural Gas Storage
 56B 48B
2:00pm USD
FOMC Statement
USD
Federal Funds Rate
 <2.25% <2.25%

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 & Support & Resistance Levels 11.07.2018

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 both elections and FOMC tomorrow…
According to Fed Funds Futures,
No hike this week from FOMC
The probability of another .25 hike this week stands at 5.9%
Market reaction will be language driven
Here is a guide to LIMIT moves in stock indices:
Just in case…..
To view a full list of the trading ALGOS we offer at Cannon Trading for automated trading, click here

 

 

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

11-07-2018

 

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Economic Reports, source: 

www.forexfactory.com

 

Date 4:03pm Currency Impact Detail Actual Forecast Previous Graph
WedNov 7  2:00am EUR
German Industrial Production m/m
 0.0% -0.3%
3:30am GBP
Halifax HPI m/m
 0.5% -1.4%
4:00am EUR
Italian Retail Sales m/m
 -0.1% 0.7%
5:00am EUR
Retail Sales m/m
 0.1% -0.2%
Tentative EUR
German 10-y Bond Auction
 0.55|1.1
10:30am USD
Crude Oil Inventories
 2.0M 3.2M
1:01pm USD
30-y Bond Auction
 3.34|2.4
3:00pm USD
Consumer Credit m/m
 15.7B 20.1B
7:01pm GBP
RICS House Price Balance
 -2% -2%

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.

Automated Trading & Support & Resistance Levels 11.06.2018

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!
Elections are knocking on volatility door…..
Be ready mentally, trading wise and financially as a trader.
I said it before, too many traders spend a lot of time on trade entries and signals and not enough on the actual trade management and money management.

To view a full list of the trading ALGOS we offer at Cannon Trading for automated trading, click here

 

 

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

11-06-2018

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Economic Reports, source: 

www.forexfactory.com

Date 4:09pm Currency Impact Detail Actual Forecast Previous Graph
TueNov 6 2:00am EUR
German Factory Orders m/m
 -0.4% 2.0%
3:15am EUR
Spanish Services PMI
 51.9 52.5
3:45am EUR
Italian Services PMI
 52.1 53.3
3:50am EUR
French Final Services PMI
 55.6 55.6
3:55am EUR
German Final Services PMI
 53.6 53.6
4:00am EUR
Final Services PMI
 53.3 53.3
Tentative GBP
10-y Bond Auction
 1.60|1.9
5:00am EUR
PPI m/m
 0.4% 0.3%
10:00am USD
JOLTS Job Openings
 7.14M
Tentative USD
IBD/TIPP Economic Optimism
 59.2 57.8
All Day USD
Congressional Elections
1:01pm USD
10-y Bond Auction
 3.23|2.4

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.

Volatility is Back! & Trading Levels for 11-01-2018

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!
Equity markets ( emini indices for most of us) are VERY volatile. For some traders, it is not an easy task to say the least….
I have an automated system I run on the mini NASDAQ and in one week it had both its best day ever and its worst day ever…..so be careful, trading is hard as is but can be even harder for most traders when volatility is at extremes.
Control your emotions and don’t let yourself lose control because in market conditions like this, losing control can mean losing your account……
Here are a few tips I can share as personal opinion:
  • 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).
  • Consider using automated stops and limits attached to your entry order as the market can move very fast at times.
  • Be patient and be disciplined
  • If you had a couple of losers in a row, step away, take a breathe, try to “reset yourself”
  • If in doubt, stay out!!

 

 

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

11-01-2018

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Economic Reports, source: 

www.forexfactory.com

 

Date 3:36pm Currency Impact Detail Actual Forecast Previous Graph
ThuNov 1  3:00am GBP
Nationwide HPI m/m
 0.2% 0.3%
All Day EUR
French Bank Holiday
All Day EUR
Italian Bank Holiday
5:30am GBP
Manufacturing PMI
 53.0 53.8
7:30am USD
Challenger Job Cuts y/y
 70.9%
8:00am GBP
BOE Inflation Report
GBP
MPC Official Bank Rate Votes
 0-0-9 0-0-9
GBP
Monetary Policy Summary
GBP
MPC Asset Purchase Facility Votes
 0-0-9 0-0-9
GBP
Official Bank Rate
 0.75% 0.75%
GBP
Asset Purchase Facility
 435B 435B
8:30am GBP
BOE Gov Carney Speaks
USD
Prelim Nonfarm Productivity q/q
 2.2% 2.9%
USD
Prelim Unit Labor Costs q/q
 1.1% -1.0%
USD
Unemployment Claims
 213K 215K
9:45am USD
Final Manufacturing PMI
 55.9 55.9
10:00am USD
ISM Manufacturing PMI
 59.0 59.8
USD
Construction Spending m/m
 0.2% 0.1%
USD
ISM Manufacturing Prices
 67.5 66.9
10:30am USD
Natural Gas Storage
 53B 58B
All Day USD
Total Vehicle Sales
 17.1M 17.4M

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.

Volatility has returned, Indices Automated Trading Systems & Futures Levels 10.31.2018

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!
Volatility has returned to the stock indices and this has led to some excellent opportunities (and risks) for day traders. Here are a handful to look at:

To view a full list of the systems we offer at Cannon Trading, click here

 

 

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

10-31-2018

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Economic Reports, source: 

www.forexfactory.com

 

Date 3:49pm Currency Impact Detail Actual Forecast Previous Graph
WedOct 31 3:00am EUR
German Retail Sales m/m
 0.5% -0.1%
3:45am EUR
French Prelim CPI m/m
 0.1% -0.2%
4:00am EUR
Spanish Flash GDP q/q
 0.6% 0.6%
5:00am EUR
Italian Monthly Unemployment Rate
 9.9% 9.7%
6:00am EUR
CPI Flash Estimate y/y
 2.1% 2.1%
EUR
Core CPI Flash Estimate y/y
 1.0% 0.9%
EUR
Italian Prelim CPI m/m
 0.2% -0.5%
EUR
Unemployment Rate
 8.1% 8.1%
8:15am USD
ADP Non-Farm Employment Change
 190K 230K
8:30am USD
Employment Cost Index q/q
 0.7% 0.6%
9:45am USD
Chicago PMI
 60.3 60.4
10:30am USD
Crude Oil Inventories
 6.3M

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 101: Ranking Market Events & Trading Levels 10.30.2018

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 101: Ranking Market Events ( knowing what you don’t know…)
by: Cannon Trading Staff
Every trader has done it. You’ve done it, your friends have done it, even your broker has done it at one point early in their career.
Here’s the scenario:
You’ve finally finished your futures education at Cannon Trading Company. You’ve done you’re homework on stops, limits, indicators and price movements for the market you’re trading. You’re ready to go, you enter your limit order and you wait.
**DING**
You get filled. Your heart rate picks up, a wry smile crosses your face and you begin to imagine the possibilities of the one trade you’re in: How much can I make? How much can I lose before it’s too much? You’ve waited through months of technical trading and deep meditation to get here, and now it’s finally paying off with one of your first trades in the live market. Sayonara paper trading; aloha live futures.
Then, all of a sudden, the top of the hour hits and the market starts acting up. It’s getting more volatile and more volatile; it’s picking up speed and taking an unforgiving turn against you. You can’t think straight, all you can think about is your losing position that could get worse and worse as the seconds go by. You race to put in a stop order, but you finally have to settle for a market order just to stop the bleeding. You stare.
**DING**
You’re out of the market. What the hell just happened? You stare at the screen; did your indicators lie to you? Is your system faulty? Did you not listen to your broker? Well, probably not. But you’re down several handles, you’ve lost some money and your pride is aching…

 

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

10-30-2018

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Economic Reports, source: 

www.forexfactory.com

 

Date 4:03pm Currency Impact Detail Actual Forecast Previous Graph
TueOct 30  2:30am EUR
French Flash GDP q/q
 0.4% 0.2%
All Day EUR
German Prelim CPI m/m
 0.1% 0.4%
3:45am EUR
French Consumer Spending m/m
 -0.4% 0.8%
4:00am EUR
Spanish Flash CPI y/y
 2.3% 2.3%
4:55am EUR
German Unemployment Change
 -12K -23K
5:00am EUR
Italian Prelim GDP q/q
 0.2% 0.2%
6:00am EUR
Prelim Flash GDP q/q
 0.4% 0.3%
Tentative EUR
Italian 10-y Bond Auction
 2.90|1.4
7:00am GBP
CBI Realized Sales
 27 23
9:00am USD
S&P/CS Composite-20 HPI y/y
 6.0% 5.9%
10:00am USD
CB Consumer Confidence
 136.3 138.4
8:01pm GBP
BRC Shop Price Index y/y
 0.2%
GBP
GfK Consumer Confidence
 -10 -9

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.

Taking Your Trading to the Next Level & Futures Levels 10.26.2018

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!
Taking your trading to the next level: A unique new automated Trading Journal with real-time Analytics, News and More. on Oct 29, 2018 1:00 PM PDT at:
Peter Davies, CEO of Jigsaw Trading will describe the essential functions of this new approach to journaling, including:
• Automated real time collection of your Stock, Options, Futures, Forex, CFD and Cryptocurrency trading. 1-Click access to journal your trades.
• Real Time ‘trader assistant’ with built in news, economic releases, risk/position monitor & P&L charting. Understand what’s driving the markets and how it’s impacting your performance.
• Trade Calendars, Search Engine, Advanced Reporting help you discover where your profits and losses really come from. The feedback you need to really improve.
Register today to add another dimension in your trading of stocks, options, futures, forex, CFD and cryptocurrencies.
Free demo will be available.
SPACE is LIMITED, so reserve your space now!https://attendee.gotowebinar.com/register/7116680664606582017
Risk: 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
After registering, you will receive a confirmation email containing information about joining the webinar.
Brought to you by GoToWebinar®
Webinars Made Easy®
Journalytix – Step up your trading game!

 

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

10-26-2018

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Economic Reports, source: 

www.forexfactory.com

 

Date 3:47pm Currency Impact Detail Actual Forecast Previous Graph
FriOct 26 2:00am EUR
German GfK Consumer Climate
 10.5 10.6
8:30am USD
Advance GDP q/q
 3.3% 4.2%
USD
Advance GDP Price Index q/q
 2.1% 3.0%
10:00am EUR
ECB President Draghi Speaks
USD
Revised UoM Consumer Sentiment
 98.9 99.0
USD
Revised UoM Inflation Expectations
 2.8%

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 & Support and Resistance Levels 10.25.2018

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!
Today was one of the most volatile trading days I have witnessed in over 20 years of being a broker. It definitely ranks up there in the top 10.
What does it mean to you? BE EXTRA CAREFUL if you don’t want to lose your entire trading account.
As simple and as blunt as it sounds.
This is NOT the time tom “average down” or decide that the market is too volatile for stops and hence you will use a “mental stop”….Either stand a side or REDUCE your trading size considerably if you want to survive and trade another day.
Survivor Day-Trading

 

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

10-25-2018

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Economic Reports, source: 

www.forexfactory.com

 

Date 4:17pm Currency Impact Detail Actual Forecast Previous Graph
ThuOct 25 2:00am EUR
German GfK Consumer Climate
 10.5 10.6
3:00am EUR
Spanish Unemployment Rate
 14.9% 15.3%
4:00am EUR
German Ifo Business Climate
 103.1 103.7
7:45am EUR
Main Refinancing Rate
 0.00% 0.00%
8:30am EUR
ECB Press Conference
USD
Core Durable Goods Orders m/m
 0.5% 0.0%
USD
Durable Goods Orders m/m
 -1.3% 4.4%
USD
Goods Trade Balance
 -74.9B -75.5B
USD
Prelim Wholesale Inventories m/m
 0.5% 1.0%
USD
Unemployment Claims
 214K 210K
10:00am USD
Pending Home Sales m/m
 -0.1% -1.8%
10:30am USD
Natural Gas Storage
 47B 81B
12:15pm USD
FOMC Member Clarida Speaks
5:30pm USD
FOMC Member Mester Speaks

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 Levels 10.24.2018

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!
Another volatile day across the different markets, mostly in stock indices, energies and metals in that order.
Too many traders spend too much time on trade entries, trade signals, entry set ups and such. I personally think that most traders need to spend more time on trade management, money management and creating a sound plan on managing the trades while you in the trade.
Day-Trading 101

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

10-24-2018

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Economic Reports, source: 

www.forexfactory.com

 

Date 4:12pm Currency Impact Detail Actual Forecast Previous Graph
WedOct 24  3:15am EUR
French Flash Manufacturing PMI
 52.4 52.5
EUR
French Flash Services PMI
 54.7 54.8
3:30am EUR
German Flash Manufacturing PMI
 53.4 53.7
EUR
German Flash Services PMI
 55.5 55.9
4:00am EUR
Flash Manufacturing PMI
 53.0 53.2
EUR
Flash Services PMI
 54.5 54.7
EUR
M3 Money Supply y/y
 3.5% 3.5%
EUR
Private Loans y/y
 3.2% 3.1%
4:30am GBP
High Street Lending
 39.0K 39.4K
9:00am EUR
Belgian NBB Business Climate
 0.5 1.2
USD
HPI m/m
 0.3% 0.2%
9:45am USD
Flash Manufacturing PMI
 55.4 55.6
USD
Flash Services PMI
 54.1 53.5
10:00am USD
New Home Sales
 627K 629K
10:30am USD
Crude Oil Inventories
 3.6M 6.5M
1:00pm USD
FOMC Member Bostic Speaks
1:10pm USD
FOMC Member Mester Speaks
2:00pm USD
Beige Book
7:00pm USD
FOMC Member Brainard Speaks

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 Support & Resistance Levels for 10.23.2018

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!
There will be no market commentary today.

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

10-23-2018

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Economic Reports, source: 

www.forexfactory.com

 

Date 4:07pm Currency Impact Detail Actual Forecast Previous Graph
TueOct 23  2:00am EUR
German PPI m/m
 0.3% 0.3%
6:00am GBP
CBI Industrial Order Expectations
 -1 -1
6:30am GBP
MPC Member Haldane Speaks
10:00am EUR
Consumer Confidence
 -3 -3
USD
Richmond Manufacturing Index
 25 29
11:20am GBP
BOE Gov Carney Speaks
1:30pm USD
FOMC Member Bostic Speaks

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.