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.
Hello Traders,
For 2014 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
Wishing all of you Happy Thanksgiving and best of wishes to you and your loved ones.
Our trading levels blog will resume Monday Dec. 1st.
Make sure you pay attention to the modified trading hours in the next few days.
Summary screen shot below and full details at:
Continue reading “Thanksgiving Holiday Trading Schedule & Economic Reports 11.26.2014”
Hello Traders,
For 2014 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
A word or two about day-trading and money management…..
Trading futures and even more so, day-trading futures has grown significantly over the last few years, as seen by the increase in daily volume on some of the more popular electronic markets.
New traders as well as more experienced traders often wonder and search for the perfect solution. The answer is different for each trader. Many factors influence what may be a good route for one trader versus a better alternative for another. Experience, risk tolerance, the person’s schedule, financial situation along with other factors will greatly influence trading decisions. What’s good for one trader may not be right for another.
One COMMON solution different traders can implement when it comes to day-trading is the principle: “Treat your daily Profit/Loss as you would treat an open trade.” Allow me to expand:
Continue reading “Money Management Techniques & Economic Reports 11.21.2014”
CME Globex & ICE Exchanges Thanksgiving Holiday Schedule 2014
Equity Products
Wednesday, Nov 26
1615 CT / 1715 ET / 2215 UTC – Regular close
1700 CT / 1800 ET / 2300 UTC – Regular open for trade date Friday, Nov 28*
Thursday, Nov 27
1200 CT / 1300 ET / 1800 UTC – Trading halt (pre-open)
1700 CT / 1800 ET / 2300 UTC – Products resume trading
Friday, Nov 28
1215 CT / 1315 ET / 1815 UTC – Early close
Interest Rate & FX Products
Wednesday, Nov 26
1600 CT / 1700 ET / 2200 UTC – Regular close
1700 CT / 1800 ET / 2300 UTC – Regular open for trade date Friday, Nov 28*
Thursday, Nov 27
1200 CT / 1300 ET / 1800 UTC – Trading halt (pre- open)
1700 CT / 1800 ET / 2300 UTC – Products resume trading
Friday, Nov 28
1215 CT / 1315 ET / 1815 UTC – Early close
Continue reading “CME Globex & ICE Exchanges Thanksgiving Holiday Schedule 2014”
Hello Traders,
For 2014 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
I was asked this morning, “what futures markets would you recommend a newcomer to start with?”
While the answer will vary based on perspective trader risk capital, risk tolerance, personality etc. I do think that there are a few markets that might be a better start for first time futures day trader.
I personally would say, leave the mini SP alone. yes it has the biggest volume but there is quite a bit of size on the bid/ask that may make this frustrating for new traders.
My favorite markets to share with first time traders are:
Continue reading “10 YR US Treasury Notes Chart & Economic Reports 11.19.2014”
Hello Traders,
For 2014 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
In the past I shared some markets I like to look at for day trading opportunities when stock index futures are in dead/ manipulated periods….Today I would like to talk a little about the currency futures markets. I personally prefer currency futures over FOREX any day. More than a few reasons but the main ones are: currency futures trade on one, regulated main exchange ( CME) while FOREX trades through different inter banks and other means of transactions that are not necessarily regulated.FOREX are “commission free” but in reality there is a spread built in that dealer marks up each time you buy or sell which makes FOREX more expensive than futures.
The main ones I like to follow are:
The Euro , The Yen, The British Pound, The Australian. All are paired versus the US$.
Each market will have different times of higher volume which can allow for traders in all time zones to pick their market. Simply open an hourly chart, like the example I am showing below of the Australian $ and add the volume indicator to observe what times the market has the most action.
Currency futures will often trend better than other segments and will experience different levels of volatility during economic reports in the different parts of the world.
If you plan on following any currencies, start in demo mode, know what reports are coming that affect the specific currency you are trading, take a look at the daily, weekly charts to get a feel and monitor the action for a while.
Any questions and I will be happy to assist.
Continue reading “Australian Dollar Chart & Economic Reports 11.18.2014”
Hello Traders,
For 2014 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
Continue reading “Crude Oil Futures & Economic Reports 11.14.2014”
Hello Traders,
For 2014 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
I posted some longer term outlook on gold at:
http://experts.forexmagnates.com/gold-outlook-zirp-zero-interest-rate-policy/
Continue reading “Heikin-Ashi Futures Gold Chart & Economic Reports 11.13.2014”
Hello Traders,
For 2014 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
Spoke with a few nice clients today about trading, the recent low volatility in stock index futures and trading in general.
Talking about Veteran’s Day made me realize that yesterday’s blog should have been dedicated to our veterans and not about the markets, but better late than never…..:
Continue reading “Veterans Day & Low Index Volatility & Economic Reports 11.12.2014”
Hello Traders,
For 2014 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
Veteran’s Day tomorrow. Banks are closed and currencies and bonds PIT SESSION only will have an early close, so for all that matters, normal trading day tomorrow but due to the fact that banks are closed we may see a lighter trading day. May…..
Below is a quick highlight for the week ahead from Econoday.com
It’s a relatively light week but key consumer numbers post. Retail sales have been volatile due to swings in auto sales and gasoline prices. Employment growth has been moderate at best and this week’s JOLTS report will indicate whether there is improvement in job openings. Despite the sluggish recovery, consumer sentiment has improved on more stable labor market conditions. Whether the trend continues will be seen in this coming week’s early reading on November consumer sentiment. Finally, initial jobless claims have been trending downward and this week’s number could be a market mover.
Continue reading “Veteran’s Day Tomorrow & Economic Reports 11.11.2014”
Hello Traders,
For 2014 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
Monthly unemployment tomorrow before cash opens! This will impact trading tomorrow. Do your homework.
I am sharing the below with permission from : http://www.daytradingpsychology.com/
“The best traders aren’t afraid.” – Mark Douglas, Trading in the Zone
“The brain is hardwired to prevent you from interfering with its fear circuits, its core defensive and reactive processes. Unfortunately, in trading this means you will feel much more fear than necessary.” – Kenneth Reid, Ph.D
In this section of the website you will find a great deal of information on Seven Factors that contribute to Self-Sabotage Syndrome, which is a complex syndrome with multiple causes. The causes are: Aversive Conditioning, Random Rewards, Mind Traps, Scared Money, Procedural Errors, The Trading Trance and Syndrome X
This page describes Scared Money, which is a natural human condition made much worse by Aversive Conditioning & Random Rewards. Follow the links to read about the other causes. Continue reading “Scared Money by Mark Douglas & Economic Reports 11.07.2014”
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![[Report]](https://ui.constantcontact.com/rnavmap/tip/dispatcher?origImg=http://mam.econoday.com/images/mam/byconsensus_butt.gif "Veteran's Day Tomorrow & Economic Reports 11.11.2014 10")
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