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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.

Trading Levels and Reports for September 13, 2012

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 September 13, 2012

 

Hello Traders,

Rollover Notice for Stock Index Futures

Important notice: For those of you trading any stock index futures contracts, i.e., the E-mini S&P, E-mini NASDAQ, E-mini Dow Jones, the “Big” pit-traded S&P 500, etc., it is extremely important to remember that tomorrow, Thursday, September 13th, is rollover day.

Starting September 13th, the December 2012 futures contracts will be the front month contracts. It is recommended that all new positions be placed in the December 2012 contract as of September. Volume in the September 12 contracts will begin to drop off until its expiration on Friday September 21st.

The month code for December is Z2.

Traders with electronic trading software should make sure that defaults reflect the proper contract as of Thursday morning.

Trading Levels and Reports for September 12, 2012

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 September 12, 2012

 

Hello Traders,

Floor Opens at 7:20 a.m. CT for CBOT Grains and Oilseeds
Wednesday, September 12, 2012

Floor trading for CBOT Grain and Oilseed futures and options will open at 7:20 a.m. CT on Wednesday, September 12 due to the release of two major USDA reports: Crop Production and World Agricultural Supply and Demand Estimates

 

Electronic grains will be open before and during the reports which come out at 7:30 Am central time.

 

Gold started moving a couple of weeks ago, so I thought sharing of the weekly chart is appropriate.
gold futures weekly chart

Trading Levels and Reports for September 11, 2012

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 September 11, 2012

 

Hello Traders,

CME group along with ICE exchange will observe the 11th anniversary to the tragic events of Sept. 11th with moments of silence on the trading floors from 7:18 AM to 7:19 AM Central time and 9:28- 9:29 AM central time.ELECTRONIC traders are urged to halt trading for these 1 minute periods in honoring and remembering the victims of this tragedy.

Also please like us on Facebook!!

Trading Levels and Reports for August 7, 2012

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 September 6, 2012

 

Hello Traders,

Big jump today for stock index futures. Tomorrow we have monthly un employment which is defintely a market mover report.

Should be interesting. I have immediate resistance at 1442 and first major support at 1411. It is a wide range between.

Be patient and trade well!

Daily mini SP 500 chart for your review below:

 

es daily chart

 

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Reports and Levels for September 6, 2012

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 September 6, 2012

 

Hello Traders,

 

Below is a screen shot of the Mini Russell 2000 chart I shared during today’s session with clients and prospects during our live trading signals session.

1346873651128

Would you like to have access to my DIAMOND and TOPAZ ALGOs as shown above

and be able to apply for any market and any time frame on your own PC ?   You can now have a two weeks free trial where I enable the ALGO along with few studies for your own sierra/ ATcharts.

To start your trial, please visit:

https://www.cannontrading.com/tools/intraday-futures-trading-signals

 

 

Also please like us on Facebook!!

Trading Levels and Reports for September 5, 2012

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 September 5, 2012

 

Hello Traders,

The ADX: A complete Day Trading Setup

Join us for a Webinar on September 5

Space is limited.
Reserve your Webinar seat now at:
https://www2.gotomeeting.com/register/354966882

The ADX:  A complete Day Trading Setup FREE webinar Wednesday, Sept. 5th 3:30 PM Central

Join Greg Weitzman, president and founder of TheTradingZone, as he walks you through this complete day trading setup using the ADX indicator. Greg will be offering a few special offers throughout the Webinar for those in attendance, so don’t miss out!

Here are some ways Greg uses and teaches members how to utilize the ADX Indicator as part of their trading method.

* Locate trade entries
* Exit and Manage trades
* Avoid Fake moves

This is a trading approach that you can incorporate in your own trading almost immediately.

This is a free 60-90 minute webinar is hosted by Cannon Trading.

As a bonus, all attendees will also get

1. a 30 day demo account from Cannon Trading with our live, advanced charting package that Greg will be using during the webinar
2. a 7 day pass to the Live Trading Room

SEATS ARE LIMITED, SO DON’T MISS THIS SPECIAL FREE WEBINAR!

Risk: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Title:    The ADX: A complete Day Trading Setup
Date:    Wednesday, September 5, 2012
Time:    1:30 PM – 2:30 PM PDT
After registering you will receive a confirmation email containing information about joining the Webinar.
System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server

Macintosh®-based attendees
Required: Mac OS® X 10.5 or newer
Mobile attendees
Required: iPhone®/iPad®/Android™ smartphone or tablet

 

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Trading Levels and Reports for August 31, 2012

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 August 31, 2012

 

Hello Traders,

Our weekly newsletter is now available plus the Labor Day trading hours. Please click on the link to access our newsletter: Weekly Newsletter

 

Also please like us on Facebook!!

Futures Trading Levels and Reports for August 30, 2012

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 August 30, 2012

 

Hello Traders,

One Way to Eliminate Fear and Greed While Day Trading

Disclaimer

The methods described in this article are for educational purposes only. Past results are not necessarily indicative of future results. The author and the publisher assume no responsibility for your trading results. Trading involves a high degree of risk. No recommendation is being made to buy any stock, commodity, option or other financial instrument. Consult your financial advisor before starting any investment system.

 

It is a known fact that fear and greed can be a trader’s worst enemies.

I’ve found one way that has helped some clients deal with fear and greed and their cousin, “getting out of winners too soon and staying in losers too long.”

What is it? Entering Multiple Contracts: Philosophy

In order to enter multiple contracts while day trading, one has to have the appropriate risk capital and margin requirements. But the advantage of trading more than one “unit” or splitting your trading size into two or more parts is as such:

If you enter a trade with one contract (or if you are treating your trading size as one unit, meaning you enter a trade with 4 contracts and exit the trade with 4 contracts), you can face a very quick dilemma, especially when day-trading. Consider the two following scenarios:

  1. You get in and very quickly you are up 2 mini SP points…what do you do? Do you take profit? Bring your stop loss closer? How do you avoid getting out too early or too late?
  2. You enter a trade and it goes against you rather quickly…if you get out then it is a loser…but the little voice in your head says “what if the market goes back up?”

In the first case scenario, when market decided to be nice to us and moved in our direction, I like to exit half of my positions relatively quickly. In the case of the mini SP, this would be around 7 ticks profit.

What I’ve found is that this will allow me to manage the rest of the trade in a much more relaxed manner. Since I’ve already locked profits in, now I can look for a proper stop close to my break-even level. I can analyze my next target more realistically and, if the market provides room for additional gains, be there to participate.

Continue reading “Futures Trading Levels and Reports for August 30, 2012”

Wednesday Morning Support and Resistance Numbers

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (September) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond Sep ’12 10-Year US Note Sep ’12
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1424.751418

 

1413.5

 

1403.25

 

1395.25

 

1387

 28232802.5

 

2795

 

2778

 

2768

 

2750.5

 1330813215

 

13194

 

13063

 

13011

 

12945

 826.8821.40

 

817.2

 

810.3

 

806.6

 

800.70

 1501515004

 

14930

 

14909

 

14821

 

14803

 1330013228

 

13226

 

13216.5

 

13208.5

 

13201.5

Continue reading “Wednesday Morning Support and Resistance Numbers”

Trading Levels and Reports for August 29, 2012

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 August 29, 2012

 

Hello Traders,

 Each trading day I hold a live educational day trading webinar during the first 2 hours of trading.   Here at Cannon Trading I am Vice President and President / AP of LEVEX Capital Management Inc., a registered commodity trading advisor.

Here I share:

  • Share my approach to day trading futures and
  • Explain my day trading strategies that can be applied to futures markets such as the E Mini S&P 500, crude oil futures, euro currency, and others.
  • Review some of the technical indicators you see on the charts
  • Detail my day trading money management philosophy

To sign up for my day trading webinar please sign up for a two week free trial: https://www.cannontrading.com/tools/intraday-futures-trading-signals

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.