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.
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 Resource of the Week – FREE ONLINE COURSE: Options on Futures for Equity Traders
Broker’s Trading System of the Week – Intraday NQ Trading System
Trading Levels for Next Week
Trading Reports for Next Week
Important Notices – Level 1 VS Level 2 Quotes
Which one do you need? Perhaps you can save on data costs?
Watch Video Below
Trading Resource of the Week – FREE ONLINE COURSE:
Options on Futures for Equity Traders
This course is geared towards traders familiar with trading equity options and will show you how a little knowledge around futures can help you transition from equity options to options on futures, using many of the strategies you already deploy. You will learn how options on futures are priced, how options can help you diversify your portfolio, as well as let you see opportunities during major economic events where you could trade options.
In this “Options on Futures for Equity Traders” FREE Course you will learn:
Understanding Options Contract Details
Trading Options on Futures Using Strategies you Already Know
Influence of Pricing on the Option for Equity Traders
Why Options on Futures Gives Added benefit of Diversifying Risk
Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.
With algorithmic trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker’s choice for this month.
The performance shown above is hypothetical in that the chart represents returns in a model account. The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real‐time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on back adjusted data. Please read full disclaimer HERE.
Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary, confidential consultation with a Cannon Trading Company series 3 broker.
First Notice (FN), Last trading (LT) Days for the Week: www.mrci.com
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading.
Good Trading!
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.
Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry;
Why Traders Care? It’s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy;
Derived Via Survey of about 800 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories
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 when it comes to Futures Trading.
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.
As of this typing, Federal Reserve Board Chairman Jerome Powell just wrapped up testifying before the House Financial Services Committee. Tomorrow he’ll testify in front of the Senate Banking Committee. These congressional appearances come on the heels of last week’s FOMC meeting where the central bank decided not to raise interest rates for the first time in eleven meetings. The key take-away: while inflation has eased – to just above 5% – the campaign to see inflation back to the bank’s 2% target “has a long way to go.” Moving at a pace that includes holding steady at this point, the chairman explained, will give policymakers time to analyze how higher rates are working to slow the economy.
Agricultural
Starting June 1, after a ± two-month / ±$2.00 price drop to below $13/bushel, July Soybeans have soared to today’s $15.19½ / bushel closing price, a ±$10,000 per contract move in 14 trade sessions. July corn prices started their lift-off a couple of weeks earlier and they’ve gained ±$2.00 / bushel – another ±$10,000 move – as well, as of today’s close of trading. U.S. crop conditions continue to worsen according to recent reports and forecasts for waves of cooler, wetter fronts returning and traversing a large area of the U.S. growing region into this weekend have been almost completely discounted.
Metals
Aug. gold traded to 3-month lows today, touching $1929.30 / oz. intraday, continuing a ±month and half slide from its spike high above $$2,100 ounce on May 4th.
Softs
Sugar (basis July) remained near ±12-yr highs around 25 cents / pound, but has remained choppy since its first foray to these highs back in April. Traders keep an eye on news related to Indian and Brazilian cane crop development in these important growing regions, particularly as the monsoon season approaches as this will provide guidance to this year’s crop development.
Quick video on the difference between TOP of the BOOK ( level 1 ) and Level 2 quotes below
Quick video on Projecting possible targets when trading futures below!
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 when it comes to Futures Trading.
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.
Learn more about hedging with Cannon Trading Company here.
Hedging is a risk management strategy commonly used by farmers to mitigate price fluctuations in agricultural commodities such as corn, wheat, and soybeans. By employing hedging techniques, farmers can protect themselves from potential losses caused by unfavorable price movements in the futures market. Here are some commonly used hedging techniques for farmers:
Futures Contracts: Farmers can use futures contracts to hedge their crops. A futures contract is an agreement to buy or sell a specified quantity of a commodity at a predetermined price and future date. By selling (short) futures contracts for their crops, farmers can lock in a selling price for their produce, thereby reducing the risk of falling prices. If the market price decreases, the gains from the short futures position can help offset the losses on the physical crop.
Options Contracts: Farmers can also utilize options contracts to hedge their crops. Options give the holder the right, but not the obligation, to buy (call option) or sell (put option) a specific commodity at a predetermined price within a specified period. Farmers can buy put options to protect themselves against falling prices. If prices decline, the put option will provide a payout that helps offset the losses incurred on the physical crop.
Basis Trading: Basis is the difference between the local cash price of a commodity and the corresponding futures price. Farmers can hedge their crops by taking opposite positions in the futures market and the cash market. By locking in the basis, farmers can protect themselves against fluctuations in the local price of the commodity while still participating in potential price increases or decreases in the futures market.
Forward Contracts: Farmers can enter into forward contracts with buyers to sell their crops at a predetermined price and future date. Forward contracts function similarly to futures contracts but are privately negotiated agreements between the farmer and the buyer. By using forward contracts, farmers can secure a selling price for their crops in advance, reducing the uncertainty associated with future market price movements.
Spread Trading: Spread trading involves taking positions in multiple futures contracts simultaneously to capitalize on price differentials between them. Farmers can use spread trading to hedge their crops by taking opposite positions in different contract months or different commodities. This strategy helps protect against price volatility while potentially capturing gains from price differentials.
It’s important for farmers to understand that hedging does not eliminate all risks but aims to mitigate price risk. The effectiveness of hedging techniques depends on various factors such as market conditions, timing, and the individual farmer’s goals and risk tolerance. It’s advisable for farmers to work with professional advisors or consult agricultural economists to develop appropriate hedging strategies based on their specific circumstances.
Cannon Trading Company is a well-established commodity brokerage firm that offers a range of services to hedgers in the agricultural industry, including farmers. These services include the following:
Expertise in Commodity Markets: Commodity brokers have in-depth knowledge of the agricultural commodity markets, including corn, wheat, soybeans, and other related products. They stay updated on market trends, news, and factors influencing commodity prices. This expertise enables them to provide valuable insights and guidance to farmers looking to hedge their crops effectively.
Hedging Strategies and Calculations: Commodity brokers can assist farmers in developing and implementing effective hedging strategies tailored to their specific needs. They have a deep understanding of various hedging techniques, including futures contracts, options contracts, basis trading, and spread trading. They can help farmers assess market conditions, calculate risk exposures, and determine appropriate contract sizes and durations to lock in desired prices.
Risk Management and Weather Analysis: Commodity brokers specializing in agricultural products often have access to weather specialists or collaborate with meteorological services. Weather plays a significant role in agricultural production and price movements. By analyzing weather patterns, these brokers can help farmers evaluate potential weather-related risks and incorporate this information into their hedging strategies.
Market Access and Execution: Commodity brokers have direct access to commodity exchanges where futures contracts are traded. They can assist farmers in executing trades efficiently and at competitive prices. With their established relationships and technology platforms, brokers can facilitate order placement, trade execution, and trade monitoring on behalf of farmers.
Personalized Service and Support: Commodity brokers understand the unique challenges faced by farmers in the agricultural industry. They provide personalized service and support, taking into account each farmer’s goals, risk tolerance, and operational requirements. Brokers can offer ongoing market analysis, price alerts, and timely updates to keep farmers informed about market developments that may impact their hedging strategies.
When considering why Cannon Trading Company or any other commodity brokerage firm might be a good choice for hedgers, it’s essential to evaluate their reputation, and customer reviews. Look for a brokerage that has a solid reputation for integrity, reliability, and excellent customer service. Additionally, consider factors such as competitive commission rates, quality of research and analysis provided, technological tools and platforms available, and the availability of dedicated hedging specialists or agricultural experts within the firm.
Ultimately, the choice of a commodity broker will depend on the specific needs and preferences of individual farmers. It’s advisable to research and compare multiple brokers to find the one that best aligns with your requirements and can provide the necessary support for hedging your agricultural products effectively.
Below are some general benefits that trucking companies may consider when evaluating a commodity trading firm like Cannon Trading for hedging their fuel costs:
Expertise in Energy Markets: Cannon Trading, or any reputable commodity trading firm, typically employs professionals with expertise in energy markets, including gasoline, natural gas, and crude oil. These specialists can offer insights into market trends, price analysis, and hedging strategies specific to the energy sector. Their knowledge can help trucking companies make informed decisions and effectively manage fuel price risk.
Access to a Wide Range of Futures Contracts: Commodity trading firms like Cannon Trading usually provide access to a broad range of futures contracts, including those related to gasoline, unleaded gas, natural gas, and crude oil. This allows trucking companies to hedge their fuel costs by taking positions in the corresponding futures contracts, thereby locking in prices and mitigating the impact of price fluctuations.
Risk Management Solutions: Cannon Trading may offer tailored risk management solutions for trucking companies. These solutions can include developing hedging strategies, providing market research and analysis, and assisting with trade execution. By working with experts who understand the complexities of fuel price risk and the unique needs of the trucking industry, companies can better navigate volatile markets and protect their bottom line.
Trade Execution and Technology: Commodity trading firms often provide advanced trading platforms and technologies that enable efficient trade execution and monitoring. These platforms may offer real-time market data, price charts, and risk management tools. With reliable trade execution and access to essential market information, trucking companies can execute their hedging strategies effectively and stay updated on market conditions.
Personalized Support: Cannon Trading, like other reputable commodity trading firms, may offer personalized support to its clients. This can include direct access to experienced brokers or advisors who can assist trucking companies in developing and implementing effective hedging strategies. The availability of dedicated support can help address specific concerns and ensure a customized approach to hedging fuel costs.
Industry Reputation and Trust: When selecting a commodity trading firm, it is crucial to consider their reputation. Look for firms with a history of integrity, reliability, and customer satisfaction. Online reviews and testimonials can provide insights into the experiences of other trucking companies who have used their services.
Remember that each trucking company’s needs and preferences may vary, so it is essential to evaluate multiple firms, including Cannon Trading, based on your specific requirements. Consider factors such as their expertise, range of services, technological capabilities, customer support, and overall reputation when choosing a commodity trading firm for hedging fuel costs.
Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey with Cannon Trading Company today.
Disclaimer – Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. 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.
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 when it comes to Futures Trading.
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.
Trading Resource of the Week – Trading 101 Video: Where are my Targets?
Hot Market of the Week – July Oats
Broker’s Trading System of the Week – NEW Crude Oil Trading System
Trading Levels for Next Week
Trading Reports for Next Week
Important Notices – Juneteenth Holiday Hours
Monday, June 19, 2023 US bank will be closed in observance of Juneteenth. There will be no money transactions Wires, ACH, Internal transfer and or currency conversion.
Watch the video below to get an idea on how to use Fibonacci extensions along with candle sticks to project possible price targets.
Try a FREE demo of the platform used to show the charts in this educational article. The platform is FREE and has charts, news, DOM, T&S, Alerts, advanced order entry, options and MUCH MORE!
A Cannon broker will be able to assist, provide feedback and answer any questions.
Hot market of the week is provided by QT Market Center, A swiss army knife charting package that’s not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs.
July Oats finally stabilized their slide last month and then activated upside PriceCount objectives on the correction higher. Chart is satisfied its first count to $3.81 where it would be normal to get a near-term reaction in a form of consolidation or corrective trade. If you can sustain for the strength from here, the second count would project the possible run to the $4.10 area
PriceCounts – Not about where we’ve been , but where we might be going next!
The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at www.qtchartoftheday.com
Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.
With algorithmic trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker’s choice for this month.
The performance shown above is hypothetical in that the chart represents returns in a model account. The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real‐time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on back adjusted data. Please read full disclaimer HERE.
Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary, confidential consultation with a Cannon Trading Company series 3 broker.
First Notice (FN), Last trading (LT) Days for the Week: www.mrci.com
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading.
Good Trading!
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.
Start trading September currencies and stock indices.
Tomorrow June index futures will expire into cash at 8:30 AM Central time.
Monday, June 19, 2023 US bank will be closed in observance of Juneteenth. There will be no money transactions Wires, ACH, Internal transfer and or currency conversion.
Volume in the June contracts will begin to drop off until their expiration next Friday, June 16th (8:30 A.M., Central Time). At that point, trading in these contracts halts. Stock index futures are CASH SETTLED contracts. If you hold any June futures contracts through 8:30 A.M., Central Time on Friday, June 16th, they will be offset with the cash settlement price, as set by the exchange.
The month code for September is ‘U.’ Please consider carefully how you place orders when changing over.
Watch the video below on how to rollover your market depth and charts!
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 when it comes to Futures Trading.
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.
It’s a big week for financial markets and their related futures contracts with interest rate decisions from three major central banks coming one after another: the U.S. Federal Reserve (which just decided not to raise rates for the first time in eleven months), the European Central Bank and the Central Bank of Japan.
The Bank of Canada hiked rates last Wednesday to a 22-year high of 4.75%, having held rates steady since January. The day prior, Australia’s central bank raised rates by a quarter point to an 11-year high and warned of further tightening ahead.
One of the take-aways from last week’s surprise rate increases in Canada and Australia and today’s first-time respite by the Fed.: don’t take anything for granted.
Economies around the world are experiencing disparate inflation trajectories compared to others – including the U.S. – and their central bank’s efforts to getting inflation down have started to deviate somewhat. Financial and other futures markets, ever reacting to uncertainty – often overreacting – may become even more challenging arenas within which to trade.
This is pretty clear set-up to submit again the usefulness of trading options – either in combination with your futures trading or exclusive of it. Trading options offers a near limitless range of risk/reward scenarios to take on, from that on par with straight futures trading to substantially less to absolutely limited. And because options are valued in part by their ever-decaying lifespans, they offer another component to a trade’s outcome: time value.
If you think options aren’t for you, consider one sector’s growth in this area in the last recent years: equity index options. Options in the E-mini S&P 500 and E-mini Nasdaq continue to see strong growth in participation and volume as market participants are increasingly turning to the them as part of their trading – and talk to your broker at Cannon Trading Co. for more information.
See below the ADV ( avg. daily volume) for NQ and ES
Volume in the June contracts will begin to drop off until their expiration next Friday, June 16th (8:30 A.M., Central Time). At that point, trading in these contracts halts. Stock index futures are CASH SETTLED contracts. If you hold any June futures contracts through 8:30 A.M., Central Time on Friday, June 16th, they will be offset with the cash settlement price, as set by the exchange.
The month code for September is ‘U.’ Please consider carefully how you place orders when changing over.
Watch the video below on how to rollover your market depth and charts!
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 when it comes to Futures Trading.
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.
When trading corn futures with Cannon Trading Company, it is crucial to pay attention to specific market factors that can significantly impact corn prices. Understanding these factors and their potential influence on the corn market can help you make more informed trading decisions. In this article, we will discuss what to look for in the market when trading corn futures with Cannon Trading Company.
Supply and Demand: Supply and demand dynamics are fundamental drivers of corn prices. Monitor the global supply and demand balance of corn, including production estimates, stock levels, and consumption patterns. Keep an eye on weather conditions, as adverse weather can affect crop yields and lead to reduced supply. Similarly, changes in consumption patterns, such as shifts in demand for corn-based biofuels or animal feed, can impact the demand side of the equation. Cannon Trading Company provides market reports and analysis that can help you stay informed about supply and demand fundamentals.
Government Policies: Government policies play a significant role in the corn market. Pay attention to agricultural subsidies, trade agreements, import and export regulations, and biofuel mandates. Changes in these policies can create uncertainty and impact corn prices. For example, an increase in ethanol production mandates can drive up corn prices, while import restrictions or export bans can disrupt supply and affect prices. Stay informed about government policies and their potential effects on the corn market.
Weather Conditions: Weather plays a crucial role in corn production. Monitor weather patterns, including rainfall, temperature, and growing conditions in major corn-producing regions. Adverse weather events, such as droughts, floods, or extreme heat, can significantly impact crop yields and lead to higher prices. Conversely, favorable weather conditions can result in increased yields and lower prices. Stay updated on weather forecasts and their potential implications for corn production.
Crop Reports: Crop reports provide valuable insights into the current state of corn crops. Pay attention to reports from government agencies, such as the United States Department of Agriculture (USDA), that provide data on crop progress, planting intentions, and yield estimates. These reports can influence market sentiment and prices. Cannon Trading Company offers access to relevant crop reports and analysis to help you stay informed about the latest developments in the corn market.
Macroeconomic Factors: Monitor macroeconomic indicators that can impact the corn market. Factors such as inflation, interest rates, currency exchange rates, and overall economic trends can influence corn prices. For example, a weaker currency can make corn exports more attractive, leading to increased demand and higher prices. Keep an eye on economic news and trends that may have indirect effects on the corn market.
Technical Analysis: Utilize technical analysis techniques to identify patterns and trends in corn price charts. Look for support and resistance levels, trend lines, moving averages, and other technical indicators to make trading decisions. Cannon Trading Company’s advanced trading platforms offer technical analysis tools and charting capabilities to help you analyze corn price movements effectively.
Market Sentiment: Market sentiment, often influenced by news and market rumors, can impact corn futures prices. Monitor market sentiment to gauge the overall mood and expectations of market participants. Positive or negative sentiment can drive prices in one direction or another. Stay informed about relevant news, events, and market commentary to understand the prevailing sentiment in the corn market.
Seasonal Patterns: Corn prices can exhibit seasonal patterns based on planting and harvesting seasons. Familiarize yourself with historical price patterns to identify recurring seasonal trends. For example, planting delays due to weather conditions can lead to price increases, while the harvest season may bring increased supplies and lower prices. Consider these seasonal patterns when formulating your trading strategies.
When trading corn futures with Cannon Trading Company, it is essential to closely monitor key market factors that can influence corn prices. Factors such as supply and demand dynamics, government policies, weather conditions, crop reports, macroeconomic indicators, technical analysis, market sentiment, and seasonal patterns should be taken into account. Cannon Trading Company provides valuable resources, including market reports, analysis, and advanced trading platforms, to help you stay informed about these market factors. By keeping a close eye on these variables, you can make more informed trading decisions when trading corn futures with Cannon Trading Company.
Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey with Cannon Trading Company today.
Disclaimer – Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. 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.
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.
