Day Trading Tips and Tricks 1.20.2016

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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 Tuesday January 20, 2016

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Greetings!

Few pointers for you day-traders out there. I am sure you have heard some from different resources but never hurts to read and absorb this again:

1. Be patient
2. Limit the number of hours you trade
3. Know your DAILY risk before the day begins and this will dictate
the number of contracts you trade
4. Choose markets with high liquidity
5. Know what reports come out every day and their impact on the markets.
6. Understand that even the best methods will have losing days.
7. Learn to accept loses
8. Use RISK CAPITAL only
9. Don’t try to trade and do other things
10. Educate yourself
11. Keep a trading journal

Continue reading “Day Trading Tips and Tricks 1.20.2016”

Cannon’s Futures Video Center 1.15.2016

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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 January 15, 2016

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Corrected link  – Check out our video center at https://www.cannontrading.com/video_center/ 

Martin Luther King Jr. Trading hours, OUR OFFICE WILL BE CLOSED MONDAY, MAKE SURE YOU HAVE THE CORRECT 24 HOUR TRADE DESK TEL NUMBERS FROM YOUR BROKER:

CME Globex Martin Luther King Jr. Holiday Schedule
CME Globex Martin Luther King Jr. Holiday Schedule

 

Martin Luther King Globex & Ice Futures Holiday Schedule 2016

Globex® Martin Luther King Holiday Schedule

*Dates and times are subject to change

*Note: Session orders entered on Sunday are for trade date Tuesday, Jan 19

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

Equity, Interest Rate, FX, Energy, Metals & DME Products

Friday, Jan 15

1600 CT / 1700 ET / 2200 UTC – Regular close

Sunday, Jan 17

1700 CT / 1800 ET / 2300 UTC – Regular open for trade date Tuesday, Jan 19*

Monday, Jan 18

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

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

Tuesday, Jan 19

1600 CT / 17100 ET / 2200 UTC – Regular close

Continue reading “Martin Luther King Globex & Ice Futures Holiday Schedule 2016”

New Futures Day Trading Signals Newsletter 1.12.2016

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 January 12, 2016

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Just in case you missed it…..

New Day Trading Signals Newsletter

The Edge, daily trading signals newsletter is now provided FREE for a limited time to Cannon’s clients and qualified prospects

A veteran client and trader once remarked “Just tell me WHICH market to trade on any specific day and WHAT direction and I can trade the heck out of it….” Well, the Edge by ExitPoints.com does exactly that. The ExitPoints EDGE email will let you know the night before what markets to focus on and which direction the market is expected to move. From that point you can more confidently create your trading plan and utilize your trading prowess to capture opportunities. Complete the simple form below and you will receive the daily email within one business day. You will receive it for the next 3 months FREE! you can unsubscribe at any time and as always, you will have direct access to a cannon Trading professional with any questions.

Continue reading “New Futures Day Trading Signals Newsletter 1.12.2016”

Volatility Skyrockets – Futures Markets 1.08.2016

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 January 8, 2016

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Volatility is skyrocketing. This is a completely different environment for trading than you were in 3-4 weeks ago. Markets are evolving and you must adapt your trading to changing market conditions.

This is where you find out if the gambler in you is stronger than the trader in you or vise versa…..If the trader is the strong one, you will REDUCE trading size, become extra picky in your entries , perhaps even decide not to trade at certain times….If the gambler is the dominant one…you will find yourself all over the place up huge, down huge and I am sorry to say sooner or later you will blow up…..

Think about it and try help the trader within win over the gambler that resides in the same neighborhood…..

One additional note, dont be GREEDY….set daily profit target and daily loss limit and stick to it. that can be the difference between you surviving to trade another day OR……

On a different note, please pay attention to LIMIT moves and understand what happens when the market is halting at limit levels:
http://www.cmegroup.com/trading/equity-index/price-limit-guide.html 

Continue reading “Volatility Skyrockets – Futures Markets 1.08.2016”

Futures Trading Signal Services 1.07.2016

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 January 7, 2016

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Trading Signals

Cannon Trading is proud to announce our new and innovative trading signals, indicators and services for our clients and perspective clients.

Cannon Trading is proud to announce a new and innovative trading signals, indicators and services for our clients and perspective clients.

Cannon Trading evaluated then learned these new concepts and methods from a cutting edge, 3rd party developer to keep us on the forefront of trading. We are offering all these services on a free trial basis and Cannon brokers will be more than happy to schedule a remote session to help you navigate these new indicators and concepts.
Getting started is easy!

Continue reading “Futures Trading Signal Services 1.07.2016”

Finding Support & Resistance 1.06.2016

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 January 6, 2016

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

A short educational video to share with you, prepared by my colleague Joe Easton on finding support and resistance using our E-Futures trading platform:

Finding Levels of Support & Resistance  – https://vimeo.com/147645144 

IMPORTANT PLEASE NOTE:  TRADING COMMODITY FUTURES AND OPTIONS INVOLVE SUBSTANTIAL RISK OF LOSS.  THE RECOMMENDATIONS CONTAINED IN THE LETTER IS OF OPINION AND DOES NOT GUARANTEE ANY PROFITS.  THERE IS NOT AN ACTUAL ACCOUNT TRADING THESE RECOMMENDATIONS.   THESE ARE RISKY MARKETS AND ONLY RISK CAPITAL SHOULD BE USED.  PAST PERFORMANCES ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

Continue reading “Finding Support & Resistance 1.06.2016”

Walk Before You Run When Trading Futures 1.05.2016

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 January 5, 2016

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Hope everyone had a great holiday season and some time off with family and friends. I wish all of you the best in trading in 2016 specifically and in all aspects of life in general.

Great article to start your trading in 2016:

Walk before you run

By Cannon Trading staff

The image of a successful futures trader is that of a lone wolf surveying the landscape looking for an opportunity to attack and seize quick and substantial profits. We all know about the potential for making a fortune in the futures markets. Yet, few do so. Why is that? What are some of the common pitfalls that prevent this dream from becoming a reality for most traders?

One of the most prevalent misconceptions for inexperienced traders is that they believe themselves to be smarter than the rest of the market participants. They under estimate the qualifications and abilities of the rest of the futures markets professionals. This business of trading is dominated by very dedicated, resourceful professionals who have invested lots of time and assets into their pursuit of trading profits. Competing against these seasoned professionals is not impossible but going it alone, especially initially, is usually not the most prudent course of action for new traders.

Continue reading “Walk Before You Run When Trading Futures 1.05.2016”

New Year’s 2016 Globex & Ice Futures Holiday Schedule 2015 – 2016

Globex® New Year’s 2016 Holiday Schedule

Equity Products

Thursday, Dec 31

1600 CT / 1700 ET / 2200 UTC – Regular close

Friday, Jan 1

New Years Observed – Globex closed

Sunday, Jan 3

1700 CT / 1800 ET / 2300 UTC – Regular open for trade date Monday, Jan 4

Monday, Jan 4

1600 CT / 1700 ET / 2200 UTC – Regular close

Continue reading “New Year’s 2016 Globex & Ice Futures Holiday Schedule 2015 – 2016”