Open An Account
Free Demo Account Subscribe Here

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.

Stock Index Futures = Different Personalities, Trading Levels and Economic Reports October 29, 2013

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 October 28, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

Big week ahead for stock index futures as well as other markets.

We have FOMC taking place tomorrow and Wednesday with rate announcement coming out Wednesday.

A few other reports that did not take place during the shut down are released this week. Make sure you check forexfactory.com for updated report times.

I think that stock index futures have been a little harder to trade these past few years…With the Fed injecting money using the QE program, the “normal market forces” are not in play as much as in other markets. I personally miss the days where stock index futures traded “freely” and can’t wait for what I consider normal, free market forces to determine price action. That being said, it is what it is and I guess FED action is part of the market right now and we as traders need to adjust.

What i wrote above is part of the reason i find markets like crude oil, gold, grains and even bond futures more appealing for trading. So if any of you have some what of a similar feeling to what I described above and looking for alternative markets – let me know and I can be of help by suggesting different markets and pointing out some of the characteristics for the different markets.

Continue reading “Stock Index Futures = Different Personalities, Trading Levels and Economic Reports October 29, 2013”

Futures Trading Levels and Economic Reports for October 25, 2013

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 October 25, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Get Real Time Trade Alerts Service via text and email

Would you like to receive a 30 day free trial to a new trade alert service?

Get new buy/ sell ideas along with suggested stops and profit targets in real time.

This trade alert service was developed and published by LEVEX Capital Management Inc.  ( “LEVEX”) a registered CTA with the CFTC and member of the NFA.

“LEVEX” will transmit alerts via text and/or email with potential buy and sell recommendations for different commodities along with suggested stops and profit targets. The alerts are based on technical analysis and using a computerized model developed by “LEVEX”.

Each day the program runs a market scan to look for markets that fit certain technical criteria / trade algorithm developed by LEVEX Capital management Inc. Once a market has been identified as a possible high probability set up, you will receive a trade alert with the trade idea.

Markets covered:

  • Stock Indices
  • Energies
  • Metals
  • Grains
  • Softs
  • Currencies
  • Interest rates

Pricing:

  • After your complete FREE 30 day trial the cost is as follows:
  • Cannon Trading clients – $149 per month
  • Retail traders without a Cannon Trading account – $299 per month
  • Money Managers, Hedge Funds and Brokers – $999 per month

Continue reading “Futures Trading Levels and Economic Reports for October 25, 2013”

Futures Trading Levels and Economic Reports for October 24, 2013

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 October 24, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

So yesterday I mentioned a potential short on the mini NASDAQ which produced a few points today and I was asked why did I think we may see a correction today? The answer is based on mostly technical indicators and conditions I use and tested.The one that provided me with the trigger for a short yesterday after the close is based on the Bollinger bands study.I found out that stock index futures have “respect” for the bands…. and when we have a close outside the upper band, followed by a close below the higher band and also a low that is lower than the previous low, there is a good statistical chance for a correction towards the middle band. I marked that condition with a RED TRIANGLE on the chart.

Obviously this condition is just that, a condition, something to give me personally a trade direction and a level of confidence to act upon it. Some times it works, others it does not and this is where the more important part of trading comes to play and that is trade management.

Below is the updated mini NASDAQ chart with the bands, possible stops/ target for review:

As you can see the first target for this pull back was met at 3323, the second target if this works out will be 3307. The hard part at this point is where to bring the stop to?
keep it at 3381 right above the recent high or bring it closer to entry level around 3356?
The next few days will provide the answer as to which choice was better (-:

ENQ - E-mini NASDAQ 100, Equlized Active Daily Continuation

Futures Trading Levels and Economic Reports for October 23, 2013

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 October 23, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

I had 3376 as potential target for the mini NASDAQ for the last week or so. To be honest, I DID NOT think it would make it there but it did…question is now what?

If you are a counter trend trader, you can go short against this level risking a few points above it. If you are more on the conservative side, you probably want to wait for a trigger that the market is running out of steam before trying the short side….That trigger may be a cross over of stochastic on the hourly chart, perhaps a break below today’s lows….really depends on the style of trade you feel comfortable with and the time frame you are trading. The chart below is more for what I call swing trading rather than day trading.

There are many different ways to lose money trading futures and very few to make $$$. Some methods will work on some markets, some of the time. I have not found a way that works on all markets all the time….

Daily chart for your review below:

ENQ - E Mini NASDAQ 100, Equalized Active Daily Continuation

Continue reading “Futures Trading Levels and Economic Reports for October 23, 2013”

Futures Trading Levels and Economic Reports for October 22, 2013

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 October 22, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

Make sure you are aware of the revised economic reports schedule, example: tomorrow we will have monthly unemployment figures for Sept. since this report was not released when it was suppose to because of the shut down. As far price forecast, tough to tell. Market been going up more than a few days in a row and is due for pullback, the questions is: when and how much higher can it go before pulls back…..

Revised release schedule for US economic data delayed by govt shutdown

Fri, 18 Oct 2013 12:57 PM ESTMonday 10/21:
EIA Weekly Petroleum Inventories (postponed from prev week)Tuesday 10/22:
Employment Report – Change in Non-Farm Payrolls/Two-Month Payroll Net Revision/Unemployment Rate; Change in Household Employment/Average Hourly Earnings; Average Weekly Hours/Underemployment Rate/Labor Force Participation Rate (Sept)
EIA Weekly Natural Gas Inventories (postponed from prev week)Wednesday 10/23:
U.S. Import and Export Price Indexes (Sept)
EIA Weekly Petroleum InventoriesThursday 10/24:
Job Openings & Labor Turnover Survey (Aug)
EIA Weekly Natural Gas Inventories

Tuesday 10/29:
PPI; PPI Ex-Food/Energy (Sept)

Wednesday 10/30:
CPI; CPI Ex-Food and Energy; CPI Core Index (Sept)
Real Earnings (Oct)

Friday 11/8:
Employment Report (Oct)
WASDE

Tuesday 11/19:
Employment Cost Index (Q3)

**Thus far it appears all data will be released at their normal posting time.

Continue reading “Futures Trading Levels and Economic Reports for October 22, 2013”

Futures Trading Levels and Economic Reports for October 18, 2013

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 October 18, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

As most of you know, for short term trading I like to use volume charts, range bar charts and Renko charts.

I have shared some set ups in previous posts and will continue to do so.

For example, I like to use 18 ticks range bar charts for crude oil and 6 ticks range bar charts for mini SP.

Here is a little more on Range bar charts, courtesy of CQG.com which is my main charting/execution software followed by sierra charts:

Range Bar (RB)

A Range Bar chart is a non-time-based chart constructed of bars that indicate price movement as a way to help expose trends and volatility. A bar is created each time a trade occurs outside of the previous bar’s stated price range, which you set in preferences.

 

Mini S&P 2 Tick Range Bar Chart
Mini S&P 2 Tick Range Bar Chart

Futures Trading Levels and Economic Reports for October 17, 2013

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 October 17, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

A note, mostly to prospects, as I think most of our clients are already trading on the most suitable platform for their needs, but if you are not a client yet …

We now offer pretty much ANY trading platform out there, including NINJA ZEN FIRE.

So if you have a specific platform in mind OR if you are a NINJA user and would like to see what I consider superb service and added value, visit our website and specifically the NINJA page.

Continue reading “Futures Trading Levels and Economic Reports for October 17, 2013”

Futures Trading Levels and Economic Reports for October 11, 2013

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 October 11, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

Big upside move today in stock index futures.

The big question is : is this buy the rumor, sell the fact? is this just a relief rally on news that lack much substance?

The future will answer our question but in between anyone’s speculation can be right or wrong….

I think in the shorter term we need to see which is the path of least resistance first, the 1694 area or the 1681 level. We will probably get an answer to that tomorrow. Then we need to see the wider bands and what type of price action we get….Trading is definitely NOT an easy thing but if any of you found ways to make it easier, please share and I will try to spread the word!

EP - E-Mini S&P 500, Equalized Active Daily Continuation
EP – E-Mini S&P 500, Equalized Active Daily Continuation

Continue reading “Futures Trading Levels and Economic Reports for October 11, 2013”

Futures Trading Levels and Economic Reports for October 10, 2013

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 October 10, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

Short and to the point article written by my colleague, www.JimWyckoff.com  

 

Educational Feature: Dealing With Losing Trades

 

(Note: This feature is a favorite of mine, and I believe all traders need to address this issue every once in a while.)A main tenet of success in futures trading is the ability to accept losing trades as part of the overall trading process. This is not an easy undertaking–especially since many futures traders tend to be of a more competitive nature in the first place. Traders certainly don’t have to enjoy losing trades, but they must accept the fact and move on. Those who can’t accept the fact that losing trades are a part of futures trading usually don’t stay in the business very long.My wife is a school teacher, and one of her favorite acronyms–ADM–can be applied to losing futures trades. “Accept” it. “Deal” with it. “Move” on. (This is a part of the important psychological aspect of trading, and deserves much more discussion than I can provide in this feature.)I had lunch with one of my trading mentors a while back. We discussed losing trades. I asked my mentor how many losing trades in a row he has had to endure during his long and successful trading career. His reply was 13 in a row. I asked him how he coped with that. He said that while it was certainly not easy, he knew that losing trades are a part of the business and that he was in the business “for the long haul,” and that his trading methodology was sound. He added, “Ninety-percent of futures trading profits are made on 10% of the trades, which means most of the other trades are either small losers or break-even-type trades.” This is an important fact for all traders to keep in mind.My lunch meeting with my mentor was good for me because, even though we made no “break-through” discoveries on the path to increased futures trading success, we did reaffirm our own philosophies on trading and markets. My passion for trading and market analysis is fed immensely every time I talk with people in my profession, or attend the quality trading seminars.For many of you, the futures trading arena can be more fulfilling (and more fun) if you have someone, or some support group, with which to share your thoughts and strategies. If you are passionate about futures trading and markets, finding someone who shares that passion is a great trading tool within itself!That’s it for now. Next time, we’ll discuss another important issue on your path to trading success.

Continue reading “Futures Trading Levels and Economic Reports for October 10, 2013”

Futures Trading Levels and Economic Reports for October 09, 2013

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 October 09, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

Stock indices broke down over last few days as Govt. shut down is in affect. One never knows what type of reaction we will get once the shut down is over or when this will be.

ENQ - E-Mini S&P 500, Equalized Active Daily Continuation
ENQ – E-Mini S&P 500, Equalized Active Daily Continuation

Continue reading “Futures Trading Levels and Economic Reports for October 09, 2013”

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.