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.

Futures Trading Levels and Economic Reports for April 9, 2013

Posted on by Ilan

 

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Tuesday April 9, 2013

Hello Traders,

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

I am getting excellent feedback on the daily email, information and trading levels and I appreciate it!

 

I would like to ask you for a small favor in return….
If you are a member on Elite trader and/ or use google plus –
Please take a moment to write a positive review on our services/ firm at:
http://www.elitetrader.com/br/?action=view&R_FirmID=229
https://plus.google.com/104474120507024800084/about

 

 

On a different note, earnings season is starting today and will play a role in the intraday moves/ overnight moves of stock index futures.

 

Trading Levels and Economic Reports for April 5, 2013

Posted on by Ilan

 

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Friday April 5, 2013

Hello Traders,

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

Monthly unemployment report tomorrow or as we call it non farm payroll.

 

The report comes out at 7:30 AM central and is usually a market mover and increases volatility for the rest of the session.

 

 

Source Bureau of Labor Statistics (latest release)
Measures Percentage of the total work force that is unemployed and actively seeking employment during the previous month;
Usual Effect Actual < Forecast = Good for currency;
Frequency Released monthly, usually on the first Friday after the month ends;
Next Release May 3, 2013
Why Traders
Care		 Although it’s generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions;
Also Called Jobless Rate;

 

Continue reading “Trading Levels and Economic Reports for April 5, 2013”

Trading Levels and Economic Reports for April 4, 2013

Posted on by Ilan

 

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday April 4, 2013

Hello Traders,

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

I mentioned yesterday :So far most selling in stock index futures are met with volume buying at lower levels. I wish I had an idea of how long this would last….but I don’t. What can change the dynamics are the few employment reports we have this week. Starting with tomorrow ADP report, Thursday weekly report and non-farm payroll ( the big report) this

Friday.

It seems that this morning ADP report but actually more so ISM actually gave stock index a lower break for the first time in a while.

 

I am sharing with you daily chart of mini Russell for your review and possible support/ resistance levels.

 

mini russell daily chart

 

New Trading Hours for Grain Futures Starting April 8,2013

Posted on by Ilan

New Trading Hours for Grain Futures Starting April 8,2013

 

Sunday to Friday: CME Globex trading from 7:00 p.m. to 7:45 a.m. CT
Monday to Friday: Break in CME Globex trading from 7:45 a.m. to 8:30 a.m. CT
Monday to Friday: Floor and CME Globex trading from 8:30 a.m. to 1:15 p.m. CT
Mini-sized Grains trades til 1:45 p.m. CT

 

The above sources were compiled from sources believed to be reliable.  Cannon Trading assumes no responsibility for any errors or omissions.  It is meant as an alert to events that may affect trading strategies and is not necessarily complete.  The closing times for certain contracts may have been rescheduled.

Trading Levels and Economic Reports for April 3, 2013

Posted on by Ilan

 

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday April 3, 2013

 

Hello Traders,

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

So far most selling in stock index futures are met with volume buying at lower levels. I wish I had an idea of how long this would last….but I don’t. What can change the dynamics are the few employment reports we have this week. Starting with tomorrow ADP report, Thursday weekly report and non-farm payroll (the big report) this
Friday.
Be aware of when the different reports come out and their importance. I post the upcoming reports in this blog and I like using forexfactory.com as a source as well as when I do research about past reports.

 

Trading Levels and Economic Reports for March 28, 2013

Posted on by Ilan

 

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday March 28, 2013

 

Hello Traders,

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

Globex® / ICE Good FridayHolidaySchedule

(dates and times are subject to change)

The following link will take you to the Globex Good Friday Holiday Schedule, including for CME & CBOT equity products, interest rate & FX products, NYMEX & COMEX products, CBOT, KCBT, grain & agricultural products and others (PDF file):

 

http://www.cmegroup.com/tools-information/holiday-calendar/files/2013-good-friday.pdf

 

The following link will take you to the ICE Good Friday Holiday Schedule, including for the Dollar Index, Russell Indexes, CRB Index, as well as others (PDF file):

 

https://www.theice.com/marketdata/Calendar.shtml?calendars=Holiday&expirationEnabled=false&calendars=SpecialTradingHours

 

Continue reading “Trading Levels and Economic Reports for March 28, 2013”

Good Friday Futures Trading Schedule

Posted on by Ilan

Globex® / ICE Good FridayHolidaySchedule

(dates and times are subject to change)

The following link will take you to the Globex Good Friday Holiday Schedule, including for CME & CBOT equity products, interest rate & FX products, NYMEX & COMEX products, CBOT, KCBT, grain & agricultural products and others (PDF file):

 

http://www.cmegroup.com/tools-information/holiday-calendar/files/2013-good-friday.pdf

 

The following link will take you to the ICE Good Friday Holiday Schedule, including for the Dollar Index, Russell Indexes, CRB Index, as well as others (PDF file):

 

https://www.theice.com/marketdata/Calendar.shtml?calendars=Holiday&expirationEnabled=false&calendars=SpecialTradingHours

 

CME & CBOT Equity Products:

 

  • Thursday, March 28: 4:15 Central Time – Regular close

 

  • Friday, March 29: CME Globex is closed

 

  • Sunday, March 31: 5:00 Central Time – Regular open for trade date Monday, April 1

 

CME & CBOT Interest Rate & FX Products:

 

  • Thursday, March 28: 4:00 Central Time – Regular close

 

  • Friday, March 29: CME Globex is closed

 

  • Sunday, March 31: 5:00 Central Time – Regular open for trade date Monday, April 1

 

 NYMEX & COMEX® Products:

 

  • Thursday, March 28: 4:15 Central Time / 5:15 Eastern Time – Regular close

 

  • Friday, March 29: CME Globex is closed

 

  • Sunday, March 31: 5:00 Central Time / 6:00 Eastern Time – Regular open for trade date Monday, April 1

 

Continue reading “Good Friday Futures Trading Schedule”

Trading Levels and Economic Reports March 27, 2013

Posted on by Ilan

 

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday March 27, 2013

 

Hello Traders,

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

 

 Good reading material, especially if you are new to trading and using a demo account.

 

Trading Levels and Economic Reports for March 26, 2013

Posted on by Ilan

 

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Tuesday March 26, 2013

 

Hello Traders,

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

The mental part of trading and especially day-trading is so big!….
So many ways one can make a mistake.

Here are just a few…

Doubling down
Revenge trading
Not placing a stop when you normally do
Setting up daily target profits and daily loss limits and then not following it….

and the list goes on and on.

I think the biggest battle, once one has a method he or she feels comfortable and confident with is to follow one of the simplest, oldest rules in our business:

“Plan your trade, trade your plan”

On a different note, Happy Passover !

 

 

 


Also please like us on Facebook!!

Continue reading “Trading Levels and Economic Reports for March 26, 2013”

Trading Levels and Economic Reports for March 22, 2013

Posted on by Ilan

 

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Friday March 22, 2013

 

Hello Traders,

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

I am noticing a bit more volatility coming back into the stock index futures, which I personally like better for day trading. However with increased volatility, comes increased risk….

When the market is experiencing higher volatility and two sided action, I like to use a couple of indicators i created over the last few years and apply them to renko charts, which I use sierra charts/ ATcharts for.

below is a good example from todays session.  The chart below is for the June mini SP, using renko chart.

Mini S&P 15 minute renko chart

 

If you like more information or to try some of my day trading templates, please reply below:1. Are you currently trading futures?2. Charting software you use?3. If you use sierra or ATcharts, please let me know the user name so I can enable you

4. Markets you currently trading?

 

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW.  NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.  IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

 

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.  IN ADDITION, HYPOTHETICAL TRADING DOES NO INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING.  FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS.  THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS


Also please like us on Facebook!!

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.