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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.

Changes To Mini Russel 2000 on the Horizon! 11.29.2016

Posted on by Ilan

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In today’s blog, note about change to Russell contract size, current front month and reminder to vote for us!

Dear Traders,

Hope everyone enjoyed a nice Thanksgiving holiday break and ready for a full trading week.

Effective on trade date Monday, December 5th,  ICE Futures US will change the contract size in the following Russell products:

ICE Futures US Russell Products Contract Size Changes

Bottom line for 95% of traders out there is:
Mini Russell 2000 used to be that one point  was $100 or 1 tick was $10. As of next Monday, one point will be worth $50 and each tick will be $5.

  • Front month for Gold is February.
  • Silver front month is March.
  • Front month for most grains is March.
  • Crude oil and Natural gas are January.

If you enjoy our blog and the information we share, please vote for us as #1 under the “Blog Section” and provide us with the strength and energy to continue and providing you with the best tips and information on this blog!!

You can vote daily, both for the blog and for Cannon Brokerage services!!

Vote here Continue reading “Changes To Mini Russel 2000 on the Horizon! 11.29.2016”

Monthly Chart of Dow Jones Industrial 11-23-2016

Posted on by Ilan

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

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1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Wednesday November 23, 2016

Greetings!

Dear Traders,

If you enjoy our blog and the information we share, please vote for us as #1 under the “Blog Section” and provide us with the strength and energy to continue and providing you with the best tips and information on this blog!!

You can vote daily, both for the blog and for Cannon Brokerage services!!

Vote here

Stocks continue to make all time highs….MONTHLY chart of the Dow Jones Industrial for your review below:

Dow Jones Industrial Chart

On a different note, please review Thanksgiving holiday trading schedule:

Thanksgiving Holiday Trading Schedule

Continue reading “Monthly Chart of Dow Jones Industrial 11-23-2016”

Vote for our Blog! 11.22.2016

Posted on by Ilan

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

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Tuesday November 22, 2016

Greetings!

Dear Traders,

If you enjoy our blog and the information we share, please vote for us as #1 under the “Blog Section” and provide us with the strength and energy to continue and providing you with the best tips and information on this blog!!

Vote here

On a different note, please review Thanksgiving holiday trading schedule:

Thanksgiving Holiday Trading Schedule

Continue reading “Vote for our Blog! 11.22.2016”

Globex & ICE Thanksgiving Holiday Schedule 2016

Posted on by Ilan

Globex Thanksgiving Holiday Schedule 2016

*Dates and times are subject to change 1 Last updated 11/8/2016

*Note: Session orders entered after 1645 CT / 1745 ET on Wednesday are for trade date Friday, Nov 25

and will continue working until Friday’s close unless otherwise noted.

 

Equity, Interest Rate, & FX Products

Wednesday, Nov 23

1600 CT / 1700 ET / 2200 UTC – Regular close

1700 CT / 1800 ET / 2300 UTC – Regular open for trade date Friday, Nov 25*

Thursday, Nov 24

1200 CT / 1300 ET / 1800 UTC – Trading halt (pre-open)

1700 CT / 1800 ET / 2300 UTC – Products resume trading

Friday, Nov 25

1215 CT / 1315 ET / 1815 UTC – Early close

Continue reading “Globex & ICE Thanksgiving Holiday Schedule 2016”

Getting Stopped Out on the Highs and Lows? Read This Article….11-18-2016

Posted on by Ilan

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

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Friday November 18, 2016

Greetings!

Dear Traders,

Many of you shared with me how frustrated you get when you get stopped out only to see the market goes back to where you wanted it to or positioned for….

This article by my colleague John Thorpe, talks about using weekly mini SP 500 options and can be applied to  gold, bonds, crude oil and other markets that have weekly options.  Must read.

Weekly Mini S&P option contracts

There are 100’s of indicators available to traders to assist with decision making that can be applied to technical analysis, which is precisely the reason to utilize a sound and inexpensive weekly ES strategy to compliment a day trading strategy.

There are two main uses for the Weekly options
  1. As a hedge, no need for stops
  2. As a pure speculation. A relatively inexpensive way to speculate on market direction in a time frame that can be for minutes, hours or a few days without the need to use stops.

Read the full article!

Continue reading “Getting Stopped Out on the Highs and Lows? Read This Article….11-18-2016”

Free Futures Trading Tools November 17th 2016

Posted on by Ilan

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

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Thursday November 17, 2016

Greetings!

Front month for crude oil futures as of tomorrow is January 2017!

Tomorrow we have natural Gas numbers at 9:30 AM Central to perhaps give us a clue if short term bottom is in Nat Gas or not….

Check out some of the free trading tools we have to offer! Continue reading “Free Futures Trading Tools November 17th 2016”

Accept a losing day and you will increase your winning ratio…..11.16.2016

Posted on by Ilan

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

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Wednesday November 16, 2016

Greetings!

So I was trying to think of a valuable advice I can provide you as volatility increased quite a bit the last few weeks and I think it will remain higher than average for a while as we are facing quite a bit of uncertainty. This is what I came up with:

So many times as a broker I see clients who know how to make money…I see it in the daily statements, good winning %, and consistent profits UNTIL….something happens.

Either the client who is normally a day-trader decides to carry his/hers losing position and make it into a swing trade…..OR the trader is down and refuses to accept the fact it may be a losing day and decides to double down and get more aggressive because if this trade is a winner he will have another winning day….the examples go on and no I am not referring to anyone specific although many of you probably think I am talking about them.

I have done it before as a trader. It is the inability to accept a loss that creates this snow ball.

I am not a psychologist nor a professional writer (English is my second language if you did not tell by now (-:

What I am hoping for is that by writing this I may help the “good voice” inside your head that tells you DONT double down OR just keep the stop, win over that bad voice that is whispering to you to go ahead and reverse the position and double it when it is clearly not in your game plan…Trading is tough mentally, financially and emotionally, help yourself be a better trader by being a more disciplined trader.

Last but not least, do NOT enter a trade with the thought of let me get in and see how it goes…Risk levels, potential targets, game plan…should all be there BEFORE you enter the trade! Continue reading “Accept a losing day and you will increase your winning ratio…..11.16.2016”

Chart Patterns 11.10.2016

Posted on by Ilan

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

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Friday November 11, 2016

Greetings!

Before Your next Trade, learn to recognize charts and patterns!

Learning the different types of charts and patterns will be another arsenal in your Trading Tools!

Continue reading “Chart Patterns 11.10.2016”

No Trade is Better Than a Bad Trade 11.10.2016

Posted on by Ilan

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

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Thursday November 10, 2016

Greetings!

Wow! What a volatile 24 hours we had across many markets. Mini Nasdaq limit down at one time, Mexican Peso down 11% at one point, bonds saw a 6 point swing, Dow had a range of over1100 points!! This one will definitely go down in the history books of trading….

What’s next?

Expect volatility and uncertainty to remain although not to this extent. Go back in your notes, research some volatile trading periods and adjust your trading accordingly and last but not least, remember that “No trade is better than a BAD trade”.

Continue reading “No Trade is Better Than a Bad Trade 11.10.2016”

Elections Note and Moving Averages Crossover Video 11.09.2016

Posted on by Ilan

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

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Wednesday November 09, 2016

Greetings!

A nice educational video by my colleague Jack Engin on moving average crossovers and chart formations at:

https://vimeo.com/190261217

Elections and Margins note:

With elections taking place, most of our FCMs ( clearing firms) raised the daytrading margins to either 50% or 100% of the overnight level.

This is currently not affecting Transact and Shogun users.

An example may be that you could normally day trade crude oil with $800 per contract but for Tonight through Wednesday morning you will need either full margin in the amount of approximately $4,000 or 50% which will be $2,000.

Not all software and clearing houses did so but we recommend you contact your broker to find out exactly what your margins are set at. This is a temporary increase ahead of anticipated volatility.

In my opinion this will help you protect yourself just as much as it does the firm….

Continue reading “Elections Note and Moving Averages Crossover Video 11.09.2016”

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.