Trading Resources! 1.31.2018

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

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Front month for crude oil and Natural gas is March.

Front month for gold is now April.

Tomorrow is the last trading day of the month. I have seen the markets make some large moves on last/first trading days of the months and my assumption is that large funds either exit/ enter/close positions for different reasons on these days.

Take notes and keep a journal!! 

Some good resources for you to browse:

Day trading crude oil article: https://www.cannontrading.com/community/day-trading-crude-oil-futures

Trading Calendar: https://www.cannontrading.com/tools/futures-trading-calendar

Chart Patterns: https://www.cannontrading.com/tools/recognizing-charts-patterns

Continue reading “Trading Resources! 1.31.2018”

Futures Options 101 1-30-2018

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

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Front month for crude oil and Natural gas is March.

Front month for gold is now April.

Market Strategies using options

1. Bullish Market Strategies

Futures Options Trading
Spread Strategy
Description Reason to Use When to Use
Buy a call Strongest bullish option position Loss limited to premium Undervalued option with volatility increasing
Sell a put Neutral bullish option position Profit limited to debt Small debit, bullish market
Vertical Bull Calls Buy call, sell call of higher strike price Loss limited to debt Small debit, bullish market
Vertical Bull Puts Buy put, sell put of higher strike price Loss limited to price difference Large credit, bullish market

2. Bearish Market Strategies

Futures Options Trading
Spread Strategy
Description Reason to Use When to Use
Buy a put Strongest bearish option position Loss limited to premium Undervalued option with volatility increasing
Sell a call Neutral bearish option position Profit limited to premium Option overvalued, market flat, bearish
Vertical Bear Calls Buy at the money put, sell out of the money put Loss limited to debt Small debit, bearish market
Vertical Bear Puts Sell call, buy call of higher strike price Loss limited to stroke price difference minus credit Large credit, bearish market

Continue reading “Futures Options 101 1-30-2018”

Dr. Copper!! 1.26.2018

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

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Is Resurgent Dr. Copper About to Relapse?
By Erik Norland, Senior Economist, CME Group

Highlights
  • Copper on the uptrend after recovering from 2011-2015 slump
  • Top importer China’s return to economic growth is supportive
  • Options signaling underlying concerns over China, surging U.S. equities
  • China has begun tightening credit growth and has high levels of debt

Continue reading “Dr. Copper!! 1.26.2018”

Futures Markets are Moving!! & Support and Resistance Levels 1.25.2018

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

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Big moves across the board this week. Metals had a small move to the downside yesterday and BIG move higher today.

Crude and natural gas big moves…

Financials been moving both up and down….

Notice a correlation between bitcoin and gold? Perhaps inverse correlation?

The bottom line is that the markets are moving. Even stock indices had a small downside move today for a change.

Make sure you are ready for a different type of trading environment with higher volatility.

We are here for you to bounce ideas off, feedback, questions and more!

+ 310 859 9572

Plan your trade, trade your plan!

Continue reading “Futures Markets are Moving!! & Support and Resistance Levels 1.25.2018”

Natural Gas Chart 1.24.2018

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

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Today’s powerful move in the Natural gas market ( primarily in the front month, February) served as a good reminder that many of the physical commodities ( and some of the financial ones as well)  have limit up and limit down moves. When a limit up/down move happens, trading halts for a certain amount of time or until there is a balance between sellers and buyers and we will be happy to share more and explain to you if interested via email or one on one conversation.

the short version of limit up move is: There are only buyers and no sellers at current price levels. The even shorter version is that this can be a very dangerous event to your financial, mental and emotional well being if you are on the wrong side…..

Daily chart of the Natural Gas market for your review below:

Natural Gas (Globex), Equalized Active Daily Continuation Chart

If you like to get a free trial of the indicators/ ALGOS I circled in the chart above, visit:

https://www.cannontrading.com/tools/intraday-futures-trading-signals

Continue reading “Natural Gas Chart 1.24.2018”

Futures Fundamentals + Monthly Outlook 1.23.2018

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

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The XXIII Winter Olympics start in early February, but instead of signifying a moment of global unity, these Games may present a reminder of international tensions. The Games are being held in PyeongChang, South Korea, just miles away from the world’s biggest pariah nation whose nuclear program is currently the most obvious threat to international security. Ahead of the Games, North Korea has reopened direct contact with the South, and tensions have eased somewhat. But the two Koreas have gone through cycles of detente before, only to see the North go back to its antagonistic ways.

Despite the geopolitical uncertainties, the global economic environment is on an uptrend. Equity markets have reached Olympic heights

Read Full Article here!

Futures Fundamentals online tutorial available for you to view and utilize INSTANTLY!

Start here!

Make 2018 a great one!

Continue reading “Futures Fundamentals + Monthly Outlook 1.23.2018”

Futures Fundamentals 1.19.2018

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

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Futures Fundamentals online tutorial available for you to view and utilize INSTANTLY!

Start here!

Make 2018 a great one!

Continue reading “Futures Fundamentals 1.19.2018”

Bitcoin Gone Wild…. 1.18.2018

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

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What a wild ride in the Bitcoin contract specifically and the cryptocurrencies in general.

Below you can see a 60 minutes chart on the XBT, the CBOE contract ( traded over 15,000 contracts today!!)

More on bitcoin futures:

https://www.cannontrading.com/community/bitcoin-futures

CFE Bitcoin Jan 18, 60 Min Chart Continue reading “Bitcoin Gone Wild…. 1.18.2018”

Reversal in mini Russell? 1.17.2018

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

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Today was the first time in quite a while I saw meaningful reversal in stock index markets. Time will tell if this was the first sign of correction or just another small dip and nothing else….

See mini Russell chart below ( the CME contract) and notice we made a new high and reversed to take out yesterdays lows and close lower then the open
and previous session lows. The action seems to be related to China downgrading the US credit ratings and perhaps sell off in CryptoCurrencies?

We need a bit more follow through to suggest more down side.

e-mini Russell 2000 chart daily chart Continue reading “Reversal in mini Russell? 1.17.2018”

MLK 2018 Holiday Schedule for CME / Globex and ICE Exchanges 1.12.2018

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

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Looking ahead to January 12th Crop Report

This Monday we observer Martin Luther King Holiday. Markets will have abbreviated trading hours or closed on Monday. Please check below and contact your broker with any questions.

Martin Luther King 2018 Holiday Schedule CME/Globex/ICE Exchanges
On a different note: