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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.

Monday Morning Support and Resistance Numbers

Posted on by Ilan

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

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1386.251378

 

1374.5

 

1366.25

 

1363.75

 

1360.5

 27432719

 

2712

 

2720

 

2713

 

2706

 1303813016

 

12946

 

12847

 

12809

 

12771

 809.3801.3

 

798.80

 

794.20

 

791.2

 

788.3

 1421014202

 

14127

 

14114

 

14106

 

14024

 1321113123.5

 

13116

 

13114

 

13109

 

13100

Continue reading “Monday Morning Support and Resistance Numbers”

Earnings Season Financial Markets | Support and Resistance Levels

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
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5. Economic Report for Monday April 16, 2012

 

Hello Traders

Tuesday morning right on the open we will host Thomas DeLello, Founder and Head Trader at Order Flow Edge for a webinar – Order Flow Edge and understanding supply and demand

Watch a Seasoned Market Veteran TRADE LIVE Using Order Flow Analysis

Join us for a Webinar on April 17

Space is limited. Reserve your Webinar seat now at:

Cannon Trading is hosting Thomas DeLello, Founder and Head Trader at Order Flow Edge for a webinar – Order Flow Edge and understanding supply and demand


Also monthly global outlook for April-May is now available at:

Wishing all of you a great weekend! Continue reading “Earnings Season Financial Markets | Support and Resistance Levels”

Friday Morning Support and Resistance

Posted on by Ilan

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

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1394.51390

 

1386.25

 

1374.75

 

1370.5

 

1366.25

 27612750

 

2737

 

2720

 

2713

 

2706

 1303813016

 

12946

 

12847

 

12809

 

12771

 815.3809.3

 

807.00

 

802.00

 

798.10

 

791.2

 1420214127

 

14109

 

14015

 

13924

 

13815

 1321113123.5

 

13116

 

13031.5

 

13019

 

13008

Continue reading “Friday Morning Support and Resistance”

Coping With Losses As A Futures Day Trader | Support and Resistance Levels

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
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5. Economic Report for Thursday April 13, 2012

 

Hello Traders

Only one tip to share with you today….if you having a bad day as a daytrader, make sure it does NOT “kill” you and that you are disciplined enough to limit your losses. This way you still have risk capital in the account to be there for the good days. However, one mistake I keep seeing from traders ( mostly new traders ) is the inability to TAKE losses. Especially on a day like today where stock index kept going up, I saw too many traders try to counter trend ( which is a type of daytrading approach) but I did not see the risk mechanism in their trades, i.e “how much am I willing to risk”? That can end up being a day where one can lose 70% + of your account value and then you are left with no ammunition for the following trading day.

NO ONE HAS 100% winning record. You will have losing days, it is part of the game. Learn to control your losing days and you will have better chances of surviving and being there for better trading days.

Continue reading “Coping With Losses As A Futures Day Trader | Support and Resistance Levels”

Thursday Morning Support and Resistance

Posted on by Ilan

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

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1386.251378.25

 

1369.5

 

1363

 

1359

 

1351.75

 27502737

 

2725

 

2705

 

2697

 

2684

 1294612876

 

12797

 

12751

 

12711

 

12648

 815.3807.00

 

797.70

 

791.5

 

787.1

 

780

 1412714109

 

14031

 

14015

 

13924

 

13815

 1321113123.5

 

13116

 

13104

 

13131.5

 

13008

Continue reading “Thursday Morning Support and Resistance”

Inside Day On Lower Volume

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
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5. Economic Report for Thursday April 12, 2012

 

Hello Traders

“Inside day” today ( where today’s price action , highs and lows were “inside” of yesterdays range). Inside days on lower volume after a meaningful sell off, USUALLY and I repeat USUALLY mean resumption of the original break out or another leg down.


We never know what the future will hold so I will be watching early price action and reaction of the market to support and resistance levels before taking a stance in the market.

Mini Russell 2000 chart for your review below:

TFE - Russell 2000 Index Mini, Equalized Active Daily Continuation
TFE – Russell 2000 Index Mini, Equalized Active Daily Continuation

Continue reading “Inside Day On Lower Volume”

Mini SP Chart High Volume Day | Support and Resistance Numbers

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
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5. Economic Report for Wednesday April 11, 2012

 

Hello Traders

Daily chart of the mini SP 500 below for your review along with potential support and resistance levels. Today was the first day in a while where we saw high volume and meaningful decline in price., Continue reading “Mini SP Chart High Volume Day | Support and Resistance Numbers”

Tuesday Morning Support and Resistance Numbers

Posted on by Ilan

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

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1401.51390

 

1383.75

 

1368

 

1360.25

 

1351.75

 27642755

 

2747

 

2722

 

2711

 

2708

 1308512986

 

12931

 

12825

 

12715

 

12678

 823.8817.5

 

810.5

 

797.00

 

783.70

 

778.4

 1420214105

 

14100

 

13927

 

13907

 

13822

 1321113128.5

 

13111.5

 

13023

 

13012

 

13111.5

Continue reading “Tuesday Morning Support and Resistance Numbers”

Tuesdays Weekly Stock Indices Movements | Support and Resistance Levels

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
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5. Economic Report for Tuesday April 10, 2012

Hello Traders,

Hope everyone enjoyed a nice long weekend and are ready for trading the rest of the week.

Today was still “semi holiday mode” as Europe was closed and volume was much lighter than normal.

I am guessing that we should see higher volatility tomorrow as higher volume returns to the market.

I have been running some statistical analysis and found out that Tuesday has best chances for up move for stock indices as well as an up move on grains and Euro currency…..

Obviously, statistics are just that and I would not use the ” day of the week” as my only criteria to enter a trade but I thought I would share this with you….  Continue reading “Tuesdays Weekly Stock Indices Movements | Support and Resistance Levels”

Monday Morning Support and Resistance Numbers

Posted on by Ilan

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

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1401.51390

 

1383.75

 

1368

 

1360.25

 

1351.75

 27642747

 

2737

 

2722

 

2711

 

2708

 1308512986

 

12931

 

12825

 

12715

 

12678

 823.8817.5

 

810.4

 

797.00

 

783.70

 

778.4

 1420214105

 

14024

 

13920

 

13901

 

13801

 1300913002

 

13110

 

13021.5

 

13011

 

13001.5

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.