Bitcoin Gone Wild…. 1.18.2018

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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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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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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:

Martin Luther King 2018 Holiday Schedule for CME / Globex and ICE Exchanges

Martin Luther King 2018 Holiday Schedule for CME / Globex and ICE Exchanges

Martin Luther King 2018 Holiday Schedule for CME / Globex and ICE Exchanges

*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 2018 Holiday Schedule

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

Continue reading “Martin Luther King 2018 Holiday Schedule for CME / Globex and ICE Exchanges”

USDA Report Preview & Support and Resistance Levels 1.11.2018

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Looking ahead to January 12th Crop Report

Industry experts Dave Hightower, Founding Principal of The Hightower Report, and Dan Basse, President of AgResource Company, preview the January 12 USDA report discussing corn and soybean yields in advance of its publication.

http://www.cmegroup.com/education/usda-crop-reports.html

Make 2018 a great one!

Continue reading “USDA Report Preview & Support and Resistance Levels 1.11.2018”

Real Time Text Alerts for New Trades 1.10.2018

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Real Time Trade Alerts Via Text – 3 week free trial

The real time trade alerts trial uses a combination of technical analysis, trading ALGOS, economic reports due in addition to other proprietary information.

The trades are generally swing trades and can last from a few hours to few days.
You will receive entry levels along with suggested stops and targets and updates as the trade progress.

Text alerts available to US and Canada residents. Int’l clients will receive the alerts via email.

Real-time trade signals via text available for the following markets:

  • Gold, silver, copper, platinum
  • mini SP, mini Nasdaq, mini Dow, mini Russell
  • Major currenciey pairs
  • Wheat, Beans, Soymeal, Bean oil
  • Crude oil, RBOB, Heating oil, Natural gas
  • 30 year Bonds and 10 year Notes
  • Hogs, Cattle
  • Coffee, Sugar, Cocoa

Sign up and make sure to provide valid mobile number and email

Continue reading “Real Time Text Alerts for New Trades 1.10.2018”

First Full Week of Trading for 2018 1.09.2018

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First full week of trading for 2018 started today after 2 short weeks/ followed by two long weekends.

I suspect we should see better volume and perhaps some changes in market direction but SUSPECT is in capital letters….

Until then my advice is to trade what you see and not what you want to see. Focus more on trade management and having a plan for the trade before you enter it.

We are here if you want to chat trading, markets and more!

+ 1 310 859 9572.

Make 2018 a great one!

Continue reading “First Full Week of Trading for 2018 1.09.2018”

May 2018 be a Great Trading Year for You! Futures Trading Levels & Reports for 1.03.2018

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

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Dear Traders,

From our team at Cannon Trading, to you and your loved ones, we wish you a great 2018 in all aspects of life! May you enjoy health, happiness and great trading this new year!

2018 started with some strong moves in different markets.

The holidays are behind us and volume is slowly coming back.

May 2018 bless you with patience, risk management and discipline.

May the market moves go your way and the different reports help your open trades….

Please keep in mind that our brokers here at Cannon are available to chat about the markets, trading techniques, mental aspects of trading and much more. Feel free to pick up the phone and call us at 310 859 9572 any time.

Continue reading “May 2018 be a Great Trading Year for You! Futures Trading Levels & Reports for 1.03.2018”

New Year’s 2018 Trading Hours + Levels for Dec. 28th

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Dear Traders,

Heads up as we head into another holiday, long weekend:

From the CME Globex Control Center, executive summary:

Fri. Dec. 29 = ALL NORMAL closes

Mon. Jan. 1 (day) = CLOSED, all mkts.

Mon., Jan. 1 (night) = NORMAL opening and pre-opening for all

CME Globex New Year 2018 Holiday Schedule

Continue reading “New Year’s 2018 Trading Hours + Levels for Dec. 28th”

Holiday Trading Schedule 12.21.2017

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Dear Traders,

Please have a Safe and Happy Holiday!!

From the CME Globex Control Center, executive summary:

Fri. Dec. 22 = mostly REGULAR closes, (couple early)

— 12:05 early for grains

— 12:15 early for livestock

— ALL others = REGULAR close

Mon. Dec. 25 (day) = CLOSED, all mkts.

Mon., Dec. 25 (night) = NORMAL opening and pre-opening for all – EXCEPT grains and livestock remain closed.

Tues., Dec. 26 = grains and livestock 8:30 a.m. market opening.

Continue reading “Holiday Trading Schedule 12.21.2017”