Futures Auto Trading Systems 5.10.2017

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp  

____________________________________________________________________

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

____________________________________________________________________

Dear Traders,

Take a look at one of our auto trading systems we have here at Cannon. This one trades the mini SP 500 as a daytrading system. We have more than a few clients who are currently trading this system and will be happy to answer any questions!

You can get started with this automated trading system with as little as $5,000 once you discuss different aspects with your account executive including the different risks of trading in general and systems in specific.

Continue reading “Futures Auto Trading Systems 5.10.2017”

Futures Trading Levels & Economic Reports 5.05.2017

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp  

____________________________________________________________________

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

____________________________________________________________________

FOMC is behind us once again….and The French election is ahead this weekend and non farm payroll Report is tomorrow (Friday morning).

The French election takes place while markets are closed on the weekend and we may see some large GAP moves on Sunday night as well as extreme volatility Sunday night and into the rest of the week. Continue reading “Futures Trading Levels & Economic Reports 5.05.2017”

FOMC Tomorrow 5.03.2017

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp  

____________________________________________________________________

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

____________________________________________________________________

FOMC decision tomorrow. Below is my “usual FOMC advice….”

The FOMC interest rate decision is due at 2:15 ET in the US tomorrow.

FOMC days have different characteristics than other trading days. If you have traded for a while, check your trading notes from past FOMC days that may help you prepare for tomorrow.

if you are a newcomer, take a more conservative approach and make sure you understand that the news can really move the market.

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 2365.00 with a stop at 2359.00, instead “stretch the price bands” due to volatility and place an entry order to buy at 2359.75 and place a stop a few points below in this hypothetical example.
  • 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

Useful Tools and Resources for Commodity Traders! 5.02.2017

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp  

____________________________________________________________________

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

____________________________________________________________________

FOMC later this week! Make sure to check section 3 of this newsletter for different economic reports that affect the market.

Earnings season is here, so pay attention and know when major earnings coming out if you are trading stock index futures.

Good source for earnings: http://finance.yahoo.com/calendar/earnings

On a different note, some interesting general info, tools and resources put together for your reading by our own brokers at:

https://www.cannontrading.com/tools/futures-commodities-trading-resources

Trading levels for April 28th 2017

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp  

____________________________________________________________________

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

____________________________________________________________________

No commentary today – wishing all of you a great trading day, tomorrow, which is Friday and the last trading day of the month.

Exclusive 60 Days Free Access to BetterTrader App & Web Platform

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp  

____________________________________________________________________

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

____________________________________________________________________

EXCLUSIVE OFFER: Free trial for BetterTrader.co APP ($498 value!!)

Cannon Trading has partnered with BetterTrader.co allowing Cannon Trading users 60 days of free (Regular monthly cost is $249) access to BetterTrader app and web platform.

You can now enjoy real time analysis and statistically backtested trade ideas right after the release of economic events

If you are trading or traded before you have noticed many major moves that happen right after certain reports. BetterTrade App can help you trade these reports in more than one way.

Watch this short video for an excellent demonstration and for further information

Useful Tools and Resources for Commodity Traders! 4.26.2017

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp  

____________________________________________________________________

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

____________________________________________________________________

FREE trial to unique day trading newsletter:

Earnings season is here, so pay attention and know when major earnings coming out if you are trading stock index futures.

Good source for earnings: http://finance.yahoo.com/calendar/earnings

On a different note, some interesting general info, tools and resources put together for your reading by our own brokers at:

https://www.cannontrading.com/tools/futures-commodities-trading-resources

Unique Day Trading Newsletter Free Trial 4.25.2017

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp  

____________________________________________________________________

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

____________________________________________________________________

FREE trial to unique day trading newsletter:

Would you like to have an email sent out to you every evening with a list of markets that have potential for large moves along with the direction to attack from?

A client of mine once told me that all he needs to know for day trading is what specific market to trade that day and what direction to attack it from….

Well now you can try a service that does exactly that!!

Sign up for a free trial here!

Unique Day Trading Newsletter Free Trial 4.21.2017

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp  

____________________________________________________________________

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

____________________________________________________________________

FREE trial to unique day trading newsletter:

Would you like to have an email sent out to you every evening with a list of markets that have potential for large moves along with the direction to attack from?

A client of mine once told me that all he needs to know for day trading is what specific market to trade that day and what direction to attack it from….

Well now you can try a service that does exactly that!!

Sign up for a free trial here!

Crude Oil Moves in the Futures Markets 4.20.2017

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp  

____________________________________________________________________

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

____________________________________________________________________

Today’s big mover was the energy complex. Daily chart of crude oil futures along with possible levels to watch for your review below
(PS if you like a trial to the diamond ALGO shown below click here):

c9d7adf2 95fe 4747 a420 16330df4c3a5