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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 July 26, 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 July 26, 2012

 

Hello Traders,

Here is a screen shot from my intraday set up from today’s session for the mini SP500.  Please inquire if you have questions.

Mini sp daily chart

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

OR

send me an email with the following information:

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?

Also please like us on Facebook!!

Continue reading “Trading Levels and Reports for July 26, 2012”

Trading Levels and Reports for July 25, 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 July 25, 2012

 

Hello Traders,

Are you currently evaluating a trading system?  Need help/ feedback in trying to assess validity of back testing and hypothetical results? Perhaps you need a second pair of eyes/ reason to review actual trading performance?

Feel free to contact us and one of our experienced brokers will be able to provide feedback and try to help you based on our experience in the trading world and dealing with variety of different trading systems in accordance to your risk tolerance and trading experience.

PS: like us on Facebook!!

Monday 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

 1356.751352.25

 

1347.25

 

1339.25

 

1332.75

 

1330.5

 26132603

 

2591

 

2570

 

2562

 

2545

 1374612701

 

12651

 

12572

 

12535

 

12460

 790.20786.10

 

781.4

 

774.5

 

768.20

 

763.7

 1532915316

 

15301 (all time high)

15212

 

15200

 

15122

 13527.513516.5

 

13512 (all time high)

13504

 

13431.5

 

13424

Continue reading “Monday Morning Support and Resistance Numbers”

Friday 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

 13761370.5

 

1367.25

 

1361.5

 

1354.25

 

1347.75

 26922658

 

2648

 

2622

 

2604

 

2587

 1393612884

 

12852

 

12808

 

12740

 

12680

 807.6801.40

 

797.50

 

791.2

 

787.30

 

774.8

 1521015124

 

15118

 

15008

 

14919

 

14830

 13500.5 (all time time)13429.5

13425.5

 

13423.5

 

13420

 

13414

Continue reading “Friday Morning Support and Resistance Numbers”

Trading Levels and Reports for July 20, 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 July 20, 2012

 

Hello Traders,

crude oil

 

Continue reading “Trading Levels and Reports for July 20, 2012”

Trading Levels and Reports for 7-19-2012

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 July 19, 2012

 

Hello Traders,

We have a day full of reports tomorrow and SP500 is sitting against resistance at 1275. I would treat this as a pivot point, i.e. if we break and close above it based on the hourly chart, then there is a chance for another leg up. On the flip side, failure to do so may open the door for a pull back. To be honest I do not have a strong feeling one way or the other. My advice when this happens is PATIENCE! Let the market develop and provide you with clues.
Once you know how you want to attack the market, devise a plan and then execute the plan that you made while you were calm and not under market pressure OR in simple words, plan your trade, trade your plan.

Trading Levels and Reports for July 18, 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 July 18, 2012

Hello Traders,

Somewhat of an intraday reversal we witnessed in the mini SP 500 today and market closed
ABOVE yesterday’s high which is a semi bullish signal
and puts the next target for the SP500 at 1375.

 

Another market that caught my eyes today is the Euro currency. I am getting a small buy signal as well for the Euro with possible targets at 123.96 and 125.34 and stop somewhere below the recent low of 121.71 ( 121.35?) in case I am wrong. If I am wrong and the market does take out the recent low, we may see another leg down before this market bounces.

Daily Euro Continuation Chart Continue reading “Trading Levels and Reports for July 18, 2012”

Tuesday Morning Support and Resistance

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

 13751364

 

1354

 

1345

 

1340.5

 

1336.5

 26252603

 

2586

 

2569

 

2560

 

2543

 1291712767

 

12729

 

12648

 

12609

 

12574

 809.1803.10

 

800.5

 

790.7

 

787.7

 

784.6

 15219 (all time high)15210 

15127

 

15031

 

15008

 

14919

 13507.513500.5(all time high)

13427

 

13413

 

13402.5

 

13325

Continue reading “Tuesday Morning Support and Resistance”

Trading Levels and Reports for July 17, 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 Monday July 17, 2012

Hello Traders,

WORTH SHARING…from my colleague Dave Register of www.ExitPoints.com

The seven deadly sins for futures traders

 

1)      Overtrading or underfunding your account

2)      Chasing performance

3)      Using an over optimized system

4)      Failure to Always use Stop loss orders

5)      Commissions too high

6)      Large slippage in illiquid markets

7)      Emotional Trading

 

 

Visit their blog to learn about trading ideas on weekly basis and let us know if you would like more information about their trading system!

Continue reading “Trading Levels and Reports for July 17, 2012”

Monday 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

 13751364

1354

 

1345

 

1340.5

 

1336.5

 26252603

2586

 

2568

 

2558

 

2550

 1291712767

12729

 

12648

 

12609

 

12574

 809.1803.10

797.7

 

790.7

 

787.7

 

784.6

 15219 (all time high)15213

15205

 

15027

 

15004

 

14917

 1351613430.5 (all time high)13429.5

 

13410.5

 

13401

 

13324

Continue reading “Monday Morning Support and Resistance Numbers”

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.