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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.

Fed Chair Testimony Tomorrow & Support and Resistance Levels 1.11.2021

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

More than a few FED Personnel will be talking tomorrow which can move the markets at times. Please see insight by my colleague John Thorpe, Senior Broker below:

Fed Chair Testimony tomorrow morning , 10:00 a.m. EST Tomorrow , January 11th, Jerome Powell will be speaking at 10:00 a.m. EST Before the Committee on Banking, Housing, and Urban Affairs in the U.S. Senate , Prepare yourselves and trading accounts for statements designed to provide calm in lieu of the recent market turbulence. The difficulty for Powell, unlike his recent speech about the Fed minutes, which is written ahead of time, is this “testimony” will be ad lib. My belief is the markets will react more intensely to Chairman Powell’s testimony than the volatility we saw during the January 5th minutes of the December 14-15 2021 policy meeting. Markets have been traveling largely in one direction since that moment in time. Equity indices lower, Bonds and notes lower, Metals lower, food stuffs lower.. Be careful during this time frame and expect unexpected market reactions in many of the markets we are trading during his nomination testimony.

 

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

01-11-2022

Futures Support and Resistance Levels 1.10.2022

 


Economic Reports, Source: 

https://bettertrader.co/ 

Better Trader Economic Indicators 1.11.2022

 

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.

NFP Report Tomorrow & Support and Resistance Levels 1.07.2021

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

NFP Report Tomorrow: By Mark O’Brien, Senior Broker

Here comes the Labor Department’s December Non-Farm Payrolls Report, long form for the unemployment report.
We just saw the surge in private hiring in the ADP National Employment Report on Wednesday. According to the report, private payrolls jumped by 807,000 jobs last month, the most in seven months and nearly double the early consensus after rising by 505,000 in November. Economists polled by Reuters had forecast private payrolls would increase by 400,000 jobs. The ADP report has a poor record of predicting the Labor Dept.’s numbers – primarily because of each report’s differing means of collecting data. The consensus for tomorrow’s report is to see 400,000 new jobs created, with a consensus range of 300,000 to 500,000. Private payrolls are expected to come in ±363,000.
This month’s backdrop includes a demand for workers reaching historic highs as businesses struggle to meet the rush of demand for goods and services. A record 4.5 million Americans quit their jobs in November as employers sought to fill 10.6 million job openings. Hires rose from 6.5 million in October to 6.7 million in November, a sign that most job-quitters are switching to new firms instead of dropping out of the workforce. On top of these variables, the rapid spread of the Omicron variant and its impact on jobs may not be reflected in this month’s report.

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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

01-07-2022

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Economic Reports, Source: 

https://bettertrader.co/ 

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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.

NASDAQ Futures Down 3% + Futures Trading Levels for 01.06.2022

Posted on by Jenny Collins
Pass the Knowledge – Feel Free to Forward to a Friend!
Get Real Time updates and more on our private FB group!
Hello Traders,
Happy and prosperous New Year from the Cannon Trading Team!
We appreciate the chance to serve your futures trading needs and are here to assist.
FOMC Minutes report triggered one of the larger sell offs we have seen in recent months. NQ and RTY were both down over 3% when the trading day was over.
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 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.
* Wash hands, take this seriously and do your best to stay healthy….
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.”

Futures Trading Levels

01-06-2022

Support & Resistance Levels For 01.06.2022


Economic Reports, Source: 

https://bettertrader.co/ 

BetterTrader Reports 01.06.2022

 

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.

Energies Insight w/ OPEC and Futures Support and Resistance Levels 01.04.2022

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

Happy and prosperous New Year from the Cannon Trading Team!
We appreciate the chance to serve your futures trading needs and are here to assist.

Energies Insight by John Thorpe, Senior Broker

O.P.E.C. will make a decision on output policy for February when they meet tomorrow. Please expect and prepare accordingly in the early A.M. and anticipate additional volatility not only in the energy markets , CL, NG, RBOB and Heating oil but also in the Equity indices ES, MES, NQ, MNQ, YM, MYM, RTY , and food markets as OPEC will be meeting in Vienna at 8a.m. EST (1 p.m. Central European TIme zone ) in light of the current restrictions and challenges related to the COVID-19 pandemic, please find the expected hours of release useful. Will their decision add to the existing inflationary concerns or will OPEC concede it’s output tightening instituted in 2020 has run it’s course and agree to raise it’s output limits in a measured approach or more substantially? The bond market has taken a nose dive in recent days and interest rates are expected to rise , tightening credit, Metals have also sold off in anticipation of easing inflationary pressures. Manage your risk well this week.
1. The 36th JMMC Meeting is scheduled to take place on Tuesday, 4 January 2022, at
13:00 (CET) via videoconference.
2. On the same day, 4 January 2022, the 24th OPEC and non-OPEC Ministerial Meeting
is slated to convene at 14:00 (CET) via videoconference.

 

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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

01-04-2022

Futures Support and Resistance Levels 1.04.2022


Economic Reports, Source: 

https://bettertrader.co/ 

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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 1080: 5 Big Mistakes Beginners Should Avoid Making & Futures Support and Resistance Levels for the Week ahead

Posted on by Ilan

Cannon Futures Weekly Letter Issue # 1080

Dear Traders,

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

 

Here are some great reminders to start the trading year of 2022.

Trading 101: 5 Big Mistakes Beginners Should Avoid Making

Trading Futures Is A Tough Business, But If You Are One Of The Very Few That Can Succeed, This Could Be A Lucrative Business As Well
Ilan Levy-Mayer |SmallCapPower I have seen quite a bit since I became a broker in 1998. Some war stories to share about the markets, some crazy moves and much more in between. I was trading futures with clients on the sad Sept. 11th 2001 day when the planes hit and the markets were plunging before they were closed for almost a week. I witnessed the meat contracts making limit up and limit down moves over the years and much more…..
As a commodity broker I have observed MANY traders, many of them were new traders, and this allows me to share with you some valuable observations I hope will help you start your futures trading journey on a much smoother road than most.
Here are the FIVE CRUCIAL MISTAKES you need to avoid!
Don’t wait… sign up NOW!
WorldCup Trading Championships 2022

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

01.03.2022

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Weekly Levels

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

https://mrci.com

Date Reports/Expiration Notice Dates

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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

WorldCup Trading Championships & Support and Resistance Levels 12.31.2021

Posted on by Ilan
Get Real Time updates and more on our private FB group!
Markets will have NORMAL TRADING HOURS Friday and Monday.
Happy Holidays and a prosperous New Year from the Cannon Trading Team!

WorldCup Trading Championships 2022

 

 

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

12-31-2021

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Economic Reports, Source: 

https://bettertrader.co/ 

NONE TOMORROW Dec. 31st

 

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.

Enter Here the WorldCup Trading Championships 2022 & Support and Resistance Levels 12.30.2021

Posted on by Ilan
Get Real Time updates and more on our private FB group!
The last few trading days of 2021 have seen much lighter volume, a bit choppier price action as many of the larger traders and institutions took off the time right before Christmas and will return next week.
Understand the type of market environment you are in and how it affects trading in the markets you trade.
Markets will have NORMAL TRADING HOURS Thursday, Friday and Monday.
Happy Holidays and a prosperous new year from the Cannon Trading Team!

WorldCup Trading Championships 2022

 

 

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

12-30-2021

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Economic Reports, Source: 

https://bettertrader.co/ 

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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.

Lighter Volume into the New Year & Support and Resistance Levels 12.29.2021

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

The last few trading days of 2021 have seen much lighter volume, a bit choppier price action as many of the larger traders and institutions took off the time right before Christmas and will return next week.
Understand the type of market environment you are in and how it affects trading in the markets you trade.
Markets will have NORMAL TRADING HOURS Thursday, Friday and Monday.
Happy Holidays and a prosperous new year from the Cannon Trading Team!

 

 

 

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

12-29-2021

Futures Support and Resistance Levels 12-29-2021


Economic Reports, Source: 

https://bettertrader.co/ 

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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.

Options on Futures for Equity Traders & Support and Resistance Trading Levels 12.28.2021

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

Options on Futures for Equity Traders

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 Options During Economic Events

 

 

 

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

12-28-2021

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Economic Reports, Source: 

https://bettertrader.co/ 

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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.

2021 Key Takeaways, Christmas Holiday Trading Schedule & Support and Resistance Levels 12.23.2021

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

Thursday, December 23, 2021 – Normal Market Close Time.  However, since the markets will remain closed until Sunday – we will require *Any open positions must meet Exchange Maintenance Margin 15 minutes before the market close (3:45 pm CST).

2021 Key Takeaways with Craig Bewick of the CMEGroup.com

What a year it’s been… again. Even though there are still 7 more trading days left in 2021, and much could change in the next 7 trading days, we decided to take an assessment of where we’ve come since 12/31/2020.
  • S&P 500 and Nasaq-100 futures prices were up by over 20%; E-mini S&P 500 options implied volatility is trading at just about the same level as it was a year ago
  • Even though it’s trading well off its highs of the year, WTI Crude Oil futures prices are up by nearly 50%
  • Gold futures prices were a bit “range bound” this year. However, if we look at implied volatility as one measure of potential price movement, the average closing 30-day implied volatility in 2021 was nearly equal to the average closing level since December of 2011. Also, if we look at it by year, the average closing level in 2021 was 14.2%; higher than 2017 (10.7%), 2018 (9.8%) and 2019 (10.8%).
  • US Treasury yields increased. The 10-Year yield is up from under 1% to nearly 1.5%. We used data from the St. Louis Fed to get the 12/31/21 value and compared it to the current 10-Year Micro Yield futures price so it’s not perfect, but does provide an indication of the yield increase. Of course, as Jim Iuorio pointed out in a recent Yield Insights video that was published here, the last time inflation readings were at the current levels, the 10-Year yield was near 12%.
  • Soybean futures prices, after a year of historic volatility, wound up almost unchanged on the year. We downloaded data from QuikStrike to verify this and included the graph below in which the orange line depicts the price level at the beginning and end of the year.
  • Natural Gas futures prices have also been characterized by historic volatility and, even though they are trading well below this year’s high levels, are still 50% higher than a year ago
  • In a year that saw CME launch several new cryptocurrency products, Bitcoin has increased in price by about 66% and implied volatility, while still among the highest compared to other CME options products, has come down from over 100% to about 78%
So, in a year that was not short of potentially market moving headlines and seemingly as more questions than answers remain, we hope all of our In FOCUS readers have enjoyed our daily commentary.
We wish everyone a very happy and healthy holiday season and good trading year in 2022.
Craig Bewick has spent 25 years in futures and options markets, starting at CBOT and CME working in risk management, regulatory, technology, product management and client development.
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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

12-23-2021

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Economic Reports, Source: 

https://bettertrader.co/ 

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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.