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.

WYNTK before Trading Tomorrow, Sept. 13th 2022 Trading Levels

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

Stock Index futures are entering the “rollover period”.

Somewhat of a choppy intraday price action.

December is now the front month/ higher volume.

September will expire this coming Friday at 8:30 Am Central time.

Tomorrow we have an anticipated CPI report ahead of next week’s FOMC. Below is a good informative piece by my colleague, John Thorpe:

Has the Stock Market bottomed?

In the Yardeni Bull/Bear index, the last temperature taken on Sep. 7th, there were .53.3 % bearish vs only .18% bullish sentiment for the Stock market. With the August Consumer Price Index Release 7:30 am Central time, the Peak inflation game speculation may be nearly done.

76fdf9d3 0d6e 414e 9315 a64aa02f973b
What I mean by that is we will have established a turn in the voracity of “the Summer of Inflation” IF the year over year change is less than last month’s 8.5 %, the consensus is a reading between 7.9-8.3 % ( whenever i talk about consensus right before a report you can damn well know that is already discounted by the market) The commonly quoted inflation rate is actually the change in the CPI from the year earlier or Yr/yr. see lower number. Now think of the number being released with three potential outcomes relative to the consensus. Higher than, the same as or less than expectations. If the market has been rallying because of the consensus, and we believe we can make an argument this is true, then the markets reaction to a Higher CPI number will provide a backdrop for a sharp sell off in equities. If the CPI number is a lower number than consensus, I could make a strong case for the market to rally and hold it. And finally, if the CPI numbers are in line with expectations, the sellers will be more aggressive as the previous weeks ralies will have been overdone in anticipation of lower CPI numbers and expect the market to sell off as it waits for more data. CPI is currently an important indicator for market direction as the FED uses some of this data to drive it’s rate decision making process.. I included the Yardeni Bull/Bear ration to give you a sense that even with the rally in the stocks these past few weeks, many institutions are Bearish yet still, and may be close to a capitulation point if the CPI Data is extremely positive tomorrow. (CPI % lower than consensus. 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

09-13-2022

73426d86 e4e7 4b56 b4b3 38154ea27f08

 

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

7cf753ba ef6e 4169 bccf 21aa7f165efa

 

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.

Weekly Newsletter 1114: FREE Course: Understanding Crude Oil Futures + Futures Levels for the Trading Week Ahead

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1114

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!

Trading 101: Free Course – An Introduction to Crude Oil

Today’s energy crude oil market is truly global. From West Texas Intermediate (WTI) to Brent and DME Oman, the crude oil market fuels many of the world’s leading economies and impact nearly every nation. Energy crude oil futures and options provide the tools the industry needs to manage risk. Explore the key concepts and structure of today’s energy markets, including the factors that affect supply and demand and move prices. Learn how to use these instruments to hedge exposure and unlock opportunities
CrudeOil
Would you like to get daily support & resistance levels?
Yes
S
No
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 when it comes to Futures Trading.

Futures Trading Levels

09-12-2022

Futures Support Resistance Levels 9.12.2022

Weekly Levels

Weekly Support Resistance Levels 9.12 -9.15.2022

 

 

Reports, First Notice (FN), Last trading (LT) Days for the Week:

https://mrci.com

Date Reports/Expiration Notice Dates
13c69699 eee2 4052 ae91 0ab7c9a888de

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

WYNTK before trading tomorrow, Sept. 9th Futures Trading Levels

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

Stock Index futures are entering the “rollover period”.

Used to be that the Thursday before was the “official rollover day” but last few years more and more traders simply follow the volume and it seems that the volume will go to the next month, in this case December around Monday coming up. We will keep you posted.

For now September has more volume and we will keep posting September levels.

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

09-09-2022

Futures Support & Resistance Trading Levels 9.08.2022

 

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

Forex Factory Reports 9.09.2022

 

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.

WYNTK before trading tomorrow, Sept. 7th Futures Trading Levels

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

Short trading week ahead as we come back after Labor Day long weekend.

Keep in mind that crude oil inventories will come out Thursday instead of the regular Wednesday release.

Natural gas continues to be volatile dropping over 8.5% today!! almost $7600 per ONE contract.

British pound held nicely compare to the other currencies as UK welcomed a new Prime Minister.

Stock index futures experienced VERY choppy action on higher than avg. volume today, the day after a long weekend.

Daily chart of the mini SP 500 ( ESU22) for your review below, notice market is hanging right above FIB support level:

Mini S&P Daily Chart

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

09-07-2022

39e28a6c 07c8 482b 98ff 4fde0ba7e9de

 

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

94ce512a 2df6 4951 b71b 991a022327a6

 

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.

WYNTK before trading tomorrow, Sept. 2nd Futures Trading Levels

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

Bullet Points: Highlights and Announcements

By Mark O’Brien Senior Broker

Financials: Given Federal Reserve Board Chairman Jerome Powell’s statements at last week’s Economic Policy Symposium in Jackson Hole, where he reiterated the Fed.’s commitment to halting inflation and that “some pain” will come to the U.S. economy as a result, U.S. and other global stock markets, while lower this week, have been measured and arguably not anxiety-filled. At least for the time being, traders seem to have factored in continued interest rate hikes by our central bank and other countries’ and slower, possibly even recessionary conditions. That was read into Wednesday’s ADP private payrolls report that showed a deceleration in jobs creation (132,000 in August).

Next up: the closely watched Non-farm payrolls report this Friday, widely considered to be one of the most important measures of the U.S. economy.  A survey of economists forecast an increase of 318,000 new jobs (median estimate).

Metals: Dec. gold traded through $1,700/oz this morning, marking its longest monthly losing streak in four years, and Dec. silver tumbled to $17.40 intraday – a more than two-year low – as traders expect rising interest rates will persist making Treasury bonds and the U.S. dollar more attractive.

Lumber: Rising interest rates and a strong U.S. dollar have weighed on other commodity prices. Basis the Nov. futures contract, lumber prices have been slashed by more than half since their early-Feb. highs of ±$1,000/board foot, trading to $460/board foot intraday today – to its life-of-contract low. Credit weak demand as well, with a cooling housing market and falling new home construction.

Energy: Crude oil (Dec.) continued it’s steep sell-off this week – losing ±$10/barrel over the last three days – returning to near its mid-August/5-month lows near $86.00/barrel. The market seems dogged by softening demand with several major cities in China seeing new Covid restrictions, including the total lockdown of Chengdu with ±20 million people.

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

09-02-2022

Futures Commodities Trading Levels for September 02 2022

 

 

 

 

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

Commodity reports for 09.02.2022

 

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.

First Notice & Last Trading Days for September & Reports for 09.01.2022

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

Below are the contracts which are entering First Notice or Last Trading Day for the upcoming month. Be advised, for contracts that are deliverable, it is requested that all LONG positions be exited two days prior to First Notice and ALL positions be exited the day prior to Last Trading Day. If you have any questions please contact us

 

* DO NOT assume anything…if you are not sure, contact us and we will try our best to assist with the combined, vast experience we have here as a team.

9128a7d0 6184 459d b9b5 0763b51e388e

CME GLOBEX Labor Day Trading Schedule

CME GLOBEX Labor Day Trading Schedule
If you are looking for other reference material please contact your Cannon Broker for lists of solid, informative and helpful trading tomes

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

09-01-2022

9e125187 d3d6 47e8 8378 3db63f070ac5

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

76ee50a1 99a0 4d42 8076 fe1b4b0bb5c3

 

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.

Labor Day 2022 Holiday Schedule for CME / Globex and ICE Exchange

Posted on by Ilan

Labor Day 2022 Holiday Schedule for CME / Globex and ICE Exchange

Labor Day 2022

 

*Dates and times are subject to change

If you have any questions, please call the CME Global Command Center at +1 800 438 8616, in Europe at +44 800 898 013 or in Asia at +65 6532 5010

Globex® Labor Day 2022 Holiday Schedule for CME / Globex and ICE Exchange

More details at: http://www.cmegroup.com/tools-information/holiday-calendar.html 

ICE Futures Labor Day 2022 Holiday Schedule for CME / Globex and ICE Exchange

Detailed holiday hours for ICE Futures: https://www.theice.com/holiday-hours

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.

Adjust your Trading to Volatility & Futures Trading Levels 8.31.2022

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

December is now the front month for bonds, ten years, Silver, Copper, most grains, metals and softs.

ASP unemployment early in the session and later Crude oil inventories.

Also tomorrow is the last trading day of the month.

 Last Friday Powell 8 minute speech injected volatility back into the markets.

Few pointers below, hope it helps.

 

*While I have no idea were the market is going from day to day, minute to minute, week to week etc. I do know that in the past, some of the sharpest and largest rallies were short covering after a large sell off. More often than not market sell offs and volatility like we are seeing do not end up as V type of action but more like U or W when it is all said and done.

 

*Expect the unexpected…

 

* Have an idea of what you are looking to do, keep in mind possible risk and have a game plan. Now more than ever, plan your trade and than trade your plan!

 

* Think money management, hedging risk while you are still trying to figure out how to profit.

 

* Know what is going on, reports, current margins, current limits and more.

 

·    Consider short term options instead of futures and/or MICROS

 

*Trade smaller. The bands are much larger. Watch the VIX.

 

* DO NOT assume anything…if you are not sure, contact us and we will try our best to assist with the combined, vast experience we have here as a team.

 

 

My colleague, John Thorpe, Ex floor broker, contributed the following on the VIX and the VVIX:

 

We recommend all stock indices intraday traders to keep an eye on the VIX for directional clues and study, many of you have access through other means to view this critical trading barometer, VIX now trades 5 days per week ,23 hours per day. if you need to add the VIX data to your trading platforms , it’s 3 bucks per month, penny wise and pound foolish if you don’t. Contact your broker on how to add the Volatility Index traded through the CBOE to your trading platform

If you are looking for other reference material please contact your Cannon Broker for lists of solid, informative and helpful trading tomes

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

08-31-2022

Futures Support Resistance Levels 8.31.2022

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

 

6a5cf2f2 b8a5 4b20 9470 d97b88a6ff00

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.

Customize your DOM + Futures Trading Levels for 08.26.20

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

A Video on How to Customize your Multiple DOMS

Some traders are more visual than others.

Regardless of your style of trade, I feel that organizing the DOMs in the way shown in the video can help anyone who trades more than one market at a time.

WATCH VIDEO

If you like this platform, try it in REAL TIME, free demo mode!

hqdefault
If you are looking for other reference material please contact your Cannon Broker for lists of solid, informative and helpful trading tomes

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

08-26-2022

a414067b 221b 40de 9bba 73455e4404f1

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

82b28836 f6f8 409a 8d8b ca06d0c52232

 

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.

WYNTK before trading tomorrow, August 25th Futures Trading Levels

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

Bullet Points: Highlights and Announcements

By Mark O’Brien Senior Broker

Energy: September Natural gas touched $10.028 per million British thermal units intraday yesterday, a 14-yr. high. It closed at $9.193 – a ± $9,000 per contract correction off its highs, yet still more than twice the price a year ago.

Financials: If you turn to any financial news source, you’d think the only thing traders are thinking about this week is the Federal Reserve Bank of Kansas City’s annual Economic Policy Symposium. This is a 3-day gathering of about 120 economists and policy makers from government agencies and academia – including many central bankers – from around the world. It all takes place in Jackson Hole, Wyoming starting tomorrow.

Why is it important? The symposium kicks off with a speech given by the Chairman of the U.S. Federal Reserve, currently Jerome Powell. While not an FOMC meeting where central bank policy is communicated and interest rates are set, the speech has become an opportunity to define the Fed’s. comprehensive policy approach on a global stage to a far-reaching audience. Thus, it has become highly anticipated – arguably more so than past symposium speeches given the current historic rise in inflation globally, and particularly in the U.S. and Europe. Probably the overarching question traders are listening for Chair Powell to answer (he almost certainly will not come right out and say it) is whether the Fed will raise rates by 50 or 75 basis points when Federal Reserve members meet in September to consider monetary policy.

Ten Year Notes Daily Chart below ( click image for larger chart):

Ten year notes downside pressure. Close below 117.070 on an hourly basis cam trigger 116.060 pretty quick. My speculation.

10 year US Treasury Notes Daily Chart
Sierra Charts Teton Order Routing demo

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

08-25-2022

Support Resistance Levels 8.25.2022

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

a33db0b1 b291 4a91 82fb 82a22779517d

 

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.

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.