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.

Online Futures Trading Support and Resistance Levels for August 25th 2010

Posted on by Ilan

“We Met the Initial Target of 1049”

Yesterday I mentioned the following:

Daily chart of the mini Russell, which I consider the leader, for review below. Looks like we may get a test of previous lows and if and then the big question.. do we bounce or do we start a new leg lower:

Well the big question for this point in time is here.. we met the initial target of 1049 and from a technical point of view we are looking at some wide bands. 1049 being pivot line, 1080 being resistance and 1000.75 being major support.

Today I am sharing daily chart of the mini SP 500 for review:

to sign for free trail, visit: https://www.cannontrading.com/tools/intraday-futures-trading-signals

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

Continue reading “Online Futures Trading Support and Resistance Levels for August 25th 2010”

Online Futures and Commodities Market Reports for August 20th 2010

Posted on by Ilan

“Try the Daily Live Charts Service Free for 2 Weeks”

Screen shot from my daily live chart service below. You are more than welcome to try this service for 2 weeks free if you have not had the trial before. Cost of service for cannon trading clients is $119 per month.

During the sharing of live charts (which i provide under LEVEX Capital mgmt. Inc – Commodity Trading Advisor) I share my approach, concept/model for day-trading, my proprietary DIAMOND indicator and general feedback from my experience.

to sign for free trail, visit: https://www.cannontrading.com/tools/intraday-futures-trading-signals

EPU) - E-mini S&P 500, Sep 10, 10000 Contracts : Constant Volume Bar
EPU) – E-mini S&P 500, Sep 10, 10000 Contracts : Constant Volume Bar

Continue reading “Online Futures and Commodities Market Reports for August 20th 2010”

Futures Exchange: Using Different Day Trading Techniques August 17th 2010

Posted on by Ilan

“The News can really Move the Futures Market”

Somewhat of a quiet day on the futures exchange to start the week after some volatile sessions last week. As I’ve said many times before, if a trader can recognize early enough during the trading session, what type of trading day is about to unfold, then one can use the proper day-trading technique more suitable for that day.

Some examples may include: join the trend on trending day, mean aversion techniques on choppy days and much more.

On a different note, I got a blue diamond for tomorrow’s session which can mean potential up day if the market can break above 1083.00 or….continued decline if it fails to gain some upside momentum. Daily chart for review below:

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

Continue reading “Futures Exchange: Using Different Day Trading Techniques August 17th 2010”

Futures Market & Trading News with Daily Levels August 10th 2010

Posted on by Ilan

“‘The News can really Move the Futures Market”

FOMC tomorrow around 14:15 EST

FOMC days have different characteristics than other trading days. If you have traded for a while, check your trading notes from past FOMC days that may help you prepare for tomorrow. If you are a newcomer, take a more conservative approach and make sure you understand that the news can really move the futures market.

My observations suggest choppy, low volume up until announcement, followed by some some sharp volatile moves right during and after the announcement.

Futures & Commodity Trading Levels (Potential Support/Resistance):

Futures & Commodity Trading Levels (Potential Support/Resistance)
Futures & Commodity Trading Levels (Potential Support/Resistance)

Continue reading “Futures Market & Trading News with Daily Levels August 10th 2010”

Mini Dow Jones Futures Contract and Resistance Levels August 4th 2010

Posted on by Ilan

“The Current Uptrend is Strong”

Daily chart of Mini Dow Jones futures contract for your review below with possible Elliot Wave scenarios. The 82 reading suggest the current uptrend is strong. If the 3rd wave we are in will continue than next target will be 10723. If the market pulls back first to possible 4th wave, support is at 10490. Of course, when its all said and done what matters most is price action and not what we want or hope the market will do.

YM - E-Mini Dow Futures - $5 Multiplier, Equalized Active Daily Continuation
YM – E-Mini Dow Futures – $5 Multiplier, Equalized Active Daily Continuation

Continue reading “Mini Dow Jones Futures Contract and Resistance Levels August 4th 2010”

Summer Futures Trading Resistance Levels August 3rd 2010

Posted on by Ilan

“Today’s session was classic example of a Summer Trading Session”

Fairly boring trading day on the futures market. Low volume and overall not many set ups after initial move up. It is what it is. As a futures trader, know what market environment you are in and don’t try to force trades if you don’t have the set ups you are looking for. Some days, the market provides better opportunities than others, sometimes it provides many more risks. Patience is key. No trade is better than a bad trade.

Continue reading “Summer Futures Trading Resistance Levels August 3rd 2010”

Online Trading and Futures Market Resistance Levels August 2nd 2010

Posted on by Ilan

“GOOD TRADING!”

Wishing all of you a great trading month during August 2010! Enjoy the weekend, clear your mind from trading emotions and recharge for the new week / month.

Futures & Commodity Trading Levels (Potential Support/Resistance):

Futures & Commodity Trading Levels (Potential Support/Resistance):
Futures & Commodity Trading Levels (Potential Support/Resistance):

Continue reading “Online Trading and Futures Market Resistance Levels August 2nd 2010”

Best Trading Practices: Always Ask Your Futures Broker July 30th 2010

Posted on by Ilan

“Last Trading day of the month tomorrow.”

At any time traders, especially self directed futures traders, must be aware of first notice day, last trading, economic reports etc.

Tomorrow is first notice day for August Gold futures contract – As your futures and commodity broker we try our best to keep many of you informed via this daily blog but always make sure you contact your futures broker with any questions you may have.

Daily chart of September e-mini Dow Jones below for review. I am not sure about direction to be honest. Both bulls and bears have a case and at this point we are trading in a band between 10293 and 10536, which is a wide trading range.

YM - E-Mini Dow Futures - $5 Multiplier, Equalized Active Daily Continuation
YM – E-Mini Dow Futures – $5 Multiplier, Equalized Active Daily Continuation

Continue reading “Best Trading Practices: Always Ask Your Futures Broker July 30th 2010”

Online Futures and Commodities Market Reports for July 28th 2010

Posted on by Ilan

“The Dow Jones Average is leading the way”

Market made recent highs overnight, backed down and managed to close unchanged.

I think with this recent move, it is the Dow Jones average which is leading the way.

Below is a daily chart of the mini Dow Jones futures along with some Fibonacci levels.
My speculation is that an hourly close during the day session tomorrow above 10520 can trigger 10760,
on the flip side, an hourly close below 10435 can bring 10320 much closer.

YM - E-Mini Dow Futures - $5 Multiplier, Equalized Active Daily Continuation
YM – E-Mini Dow Futures – $5 Multiplier, Equalized Active Daily Continuation

Continue reading “Online Futures and Commodities Market Reports for July 28th 2010”

EMini S&P 500 Charts, Day Trading Tips & Resistance Levels July 27th 2010

Posted on by Ilan

“Today’s Futures Trading session was lower volume”

Well like I said before, each day-trading session in the commodities and futures markets can wear a different dress. Today’s trading session was lower volume, indecisive to start with but with enough intra-day swings in price action to provide some trading set ups.

I mentioned before in this blog as well as in my day-trading webinar that if a trader can get an early sense to the type of trading day that is about to unfold, he/ she can really increase their chances by using methods/ indicators and set ups that work better for the different trading days ( trending, choppy, volatility on both sides etc.)

In between, below you will see a daily chart of the mini SP 500 with what may be some resistance levels on the way up and possible support levels if we decide to turn around and head back south ( last week we had more than a few changes in market direction)

Continue reading “EMini S&P 500 Charts, Day Trading Tips & Resistance Levels July 27th 2010”

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.