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.

FOMC Minutes this week, Flash PMI Tomorrow

Posted on May 22, 2023 by Ilan

Get Real Time updates and more on our private FB group!

https://business.facebook.com/groups/1105191589938254/

The Week Ahead:

By John Thorpe, Senior Broker

THIS WEEK FOMC Minutes will be the big mover in addition to ongoing Debt limit increase negotiations between The Executive and Legislative branches of government. Minutes of the FOMC meeting of May 2-3 will be released on Wednesday at 1:00PM CDT. In the immediate wake of the FOMC statement there was optimism that Fed policymakers were leaning toward a pause in interest rates after a swift raising of the fed funds target range by 500 basis points that began 13 months ago. However, Fed Chair Jerome Powell pushed back against that perception in his press briefing on May 3. Although, he did say last week that tight credit conditions may limit the need for further policy tightening. In the weeks since the meeting, other Fed policymakers have cautioned against being too certain that more rate hikes are not on the way.

f9d287bd 0612 4ea6 9694 4219bfa81dcc

The minutes are likely to reinforce these views, and that these views probably haven’t shifted. The economic data released in recent weeks point to a still strong labor market and continued stubborn inflation. This is the formula that has kept the Fed on a path of further tightening to address imbalances in the labor supply/demand and reduce demand for goods and services that are pushing up prices.

Plan your trade and trade your plan.

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.

Futures Trading Levels

for 05-23-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Economic Reports, Source:

Forexfactory.com

c6885cf4 5451 4c5f baab 3911681d96c9

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.

E-mini Futures: The Pros and Cons of Trading them

Posted on May 19, 2023May 16, 2023 by Cannon Operations

emini futures

Learn more about trading e-mini futures with Cannon Trading Company here.

E-mini futuresl, or electronically traded mini futures contracts, are a popular instrument for traders looking to access a wide range of markets with relatively low capital requirements. E-mini futures are designed to track the performance of major stock indexes, commodities, and currencies. In this article, we’ll explore the pros and cons of trading E-mini futures to help you decide if they are right for you.

Pros of Trading E-mini Futures

Diversification
One of the biggest advantages of trading E-mini futures is the ability to diversify your portfolio. E-mini futures allow you to trade a variety of markets, including equity indexes, commodities, and currencies. This diversification can help you spread risk and reduce the impact of any single market downturn on your overall portfolio.
Lower Capital Requirements
E-mini futures contracts require significantly less capital than traditional futures contracts. This lower capital requirement makes E-mini futures accessible to a wider range of traders, including those with smaller trading accounts.
High Liquidity
E-mini futures are highly liquid, which means that there are always buyers and sellers in the market. This high liquidity makes it easy to enter and exit trades quickly and at the desired price.
Transparency
E-mini futures are traded on regulated exchanges, which means that the pricing and trading activity of these contracts are transparent. This transparency allows traders to see the current price and trading volume of each contract, which can help inform trading decisions.
Leverage
E-mini futures contracts offer leverage, which allows traders to control a larger position with a smaller amount of capital. This leverage can amplify returns but also increase risk, so it should be used with caution.

Cons of Trading E-mini Futures

Volatility
E-mini futures can be volatile, especially during times of market uncertainty. This volatility can result in rapid price swings and sudden losses for traders who are not prepared.
Leverage
While leverage can amplify returns, it can also increase risk. Traders who use too much leverage may find themselves facing large losses that they are unable to cover.
Technical Complexity
E-mini futures trading requires a certain level of technical knowledge and skill. Traders must be able to read charts, analyze market trends, and understand technical indicators in order to make informed trading decisions.
Time Commitment
Trading E-mini futures requires a significant time commitment. Traders must be able to monitor the markets, watch for trading opportunities, and execute trades quickly in order to be successful.
Market Dependency
E-mini futures are dependent on the performance of the underlying markets. If the stock market, for example, experiences a major downturn, E-mini futures contracts that track that market will likely experience losses as well.

E-mini futures can offer a number of benefits to traders, including diversification, lower capital requirements, high liquidity, transparency, and leverage. However, they also come with some drawbacks, including volatility, technical complexity, time commitment, and market dependency. Traders should carefully consider these pros and cons before deciding to trade E-mini futures. As with any investment, it is important to have a clear understanding of the risks involved and to have a solid trading plan in place before committing any capital.

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.

Cannon Futures Weekly Newsletter Issue # 1146 Resistance Levels for 5/22/2023

Posted on May 19, 2023May 19, 2023 by Cannon Operations

Cannon Futures Weekly Newsletter Issue # 1146

Join our private Facebook group for additional insight into trading and the futures markets!

In this issue:

Important Notices – Win 1 OZ Gold Bar!
Trading Resource of the Week – Technical Patterns: Reversals
Hot Market of the Week – August Live Cattle
Broker’s Trading System of the Week – Browse Hundreds of “Hands Free” Systems
Trading Levels for Next Week
Trading Reports for Next Week

Important Notices –

Are you ready to go for gold?

Then here is your golden opportunity. CME Group will be launching the Go for Gold Precious Metals Trading Challenge coming this June.

You’ll have the opportunity to practice trading highly liquid Precious Metals products while competing against other traders for the chance to win the grand prize of a 1 oz. bar of gold*.

During the challenge, you’ll explore our suite of precious metals contracts and test-drive strategies in a simulated environment. We’ll send you exclusive, daily education materials on precious metals contracts in order for you to feel prepared to trade and confidently compete against your peers.

Get ready to strike gold.

*Participants will only be eligible to receive a 1 oz. gold bar if permitted in accordance with the applicable laws of their jurisdiction.

START DATE: June 4, 2023

END DATE: June 9, 2023

Trading Resource of the Week – Technical Patterns: Reversals

Learn about:

Head and Shoulders
Double Tops and Bottoms
Triple Tops and Bottoms

All in 5 minutes of quick video, examples and written explanation!

Expand Your Trading Arsenal Now!

A Cannon broker will be able to assist, provide feedback and answer any questions.

Hot Market of the Week – August Live Cattle

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.

FREE TRIAL AVAILABLE

August live cattle satisfied a third upside PriceCount objective last month and corrected. Now, the chart is recovered missing those April highs. At this point, new sustained highs on the date chart would open up the top side for possible run to the low percentage fourth count. However, first you have weekly chart overhead to old-time highs content would include including the massive Gap that may prove to be too difficult to overcome.

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.

Hundreds of “Hands Free” Automated Systems to Choose from!

Are you too busy to trade? Perhaps you’re not confident enough and you’re trading. Maybe you’re looking to the diversify your own trading with algorithmic trading or what we call automated trading. Browse over 500 trading systems. Review back test results, live results, drawdowns, returns and much more!!

Start 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.

Trading Levels for Next Week

Daily Levels for May 22nd, 2022

Would you like to receive daily support & resistance levels?

Yes

Select

Weekly Levels

90438f91 eeb0 471e 8d15 34e31e2a8e36

Trading Reports for Next Week

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!

Futures Trading Brokers of Cannon Trading Company

Posted on May 18, 2023May 16, 2023 by Cannon Operations

Futures Trading Brokers

Read more about trading through a Cannon Trading Company futures trading broker here

When it comes to futures trading, having the right broker on your side can make all the difference. At Cannon Trading Company, you’ll find a team of seasoned futures trading brokers who have been in business for a while and have a wealth of experience and knowledge to share. In this article, we’ll take a closer look at the benefits of working with a seasoned futures trading broker and how Cannon Trading Company’s team of brokers can change your outlook on trading commodities and futures.

Experience and Knowledge:
One of the primary benefits of working with a seasoned futures trading broker is their experience and knowledge. Cannon Trading Company’s team of brokers has years of experience in the industry and has worked with a variety of clients, from individual traders to institutional investors. This experience allows them to provide clients with sound advice and guidance, helping them to navigate the complex world of futures trading.

In addition to their experience, Cannon Trading Company’s brokers have a wealth of knowledge about the markets and the factors that can affect commodity prices. They stay up-to-date on the latest market trends and news, and they use this information to provide clients with informed recommendations on trades.
Personalized Service:
Another benefit of working with a seasoned futures trading broker is the personalized service they provide. Cannon Trading Company’s brokers take the time to understand their clients’ goals, risk tolerance, and trading styles, and they tailor their recommendations accordingly. They work closely with clients to develop trading strategies that are specific to their needs and objectives, and they provide ongoing support and guidance throughout the trading process.
Execution:
Cannon Trading Company’s team of brokers is known for their efficient execution of trades. They have a proven track record of executing trades promptly and at the best possible prices, and they use advanced trading technologies to ensure that clients’ orders are filled quickly and accurately.
Transparency:
Transparency is an essential quality of a good futures trading broker, and Cannon Trading Company’s brokers are committed to providing clients with clear information on fees, commissions, and other costs associated with trading. They are upfront about any conflicts of interest that may arise in their dealings with clients, and they are always available to answer clients’ questions and concerns.
Risk Management:
Effective risk management is critical in futures trading, and Cannon Trading Company’s brokers understand this. They work closely with clients to develop risk management strategies that are tailored to their specific needs and objectives. They provide clients with guidance on position sizing, stop-loss orders, and other risk management techniques, helping them to minimize their exposure to market volatility.
Education:
Finally, Cannon Trading Company’s brokers are committed to educating their clients about the futures markets. They offer a variety of educational resources, including webinars, tutorials, and trading guides, to help clients improve their trading skills and make informed decisions about their trades. They also provide clients with regular market analysis and commentary, helping them to stay up-to-date on the latest market trends and news.

Working with a seasoned futures trading broker can change your outlook on how to trade commodities and futures. Cannon Trading Company’s team of brokers possesses the experience, knowledge, and personalized service needed to help clients succeed in the futures markets. They are transparent, efficient, and committed to providing clients with the guidance and support they need to make informed trading decisions. If you’re looking for a futures trading broker that can help you achieve your trading goals, consider working 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.