Trading Systems Updates and Rankings 5.12.2017

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,

TRADE SMART / TRADE SYSTEMS — for the current rankings as well as actual performance  of trading systems traded at Cannon Trading, click here.

Cannon Trading Co., Inc. is registered with the CFTC and a member of the NFA.

Continue reading “Trading Systems Updates and Rankings 5.12.2017”

Ranking Market Events 5.11.2017

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,

Ranking 30 Futures Market Moving EventsWhere do I look and when do I pay attention?

By:  Cannon Trading

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,

Read full article

Continue reading “Ranking Market Events 5.11.2017”

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!