Futures Trading Levels and Economic Reports for October 17, 2013

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1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Thursday October 17, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

A note, mostly to prospects, as I think most of our clients are already trading on the most suitable platform for their needs, but if you are not a client yet …

We now offer pretty much ANY trading platform out there, including NINJA ZEN FIRE.

So if you have a specific platform in mind OR if you are a NINJA user and would like to see what I consider superb service and added value, visit our website and specifically the NINJA page.

Continue reading “Futures Trading Levels and Economic Reports for October 17, 2013”

Futures Trading Levels and Economic Reports for September 26, 2013

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Thursday September 26, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

Slightly different note on today’s blog:

If you are currently trading a system or developing a system and need someone to auto trade it for you, I encourage you to contact us/ reply to this email and I will be happy to share how we can help. We are experienced brokers and follow the markets every day and are very capable of executing and auto trading variety of trading systems designed with different software.

We have in house the following platforms:

  1. CQG
  2. NINJA
  3. TradeStation
  4. TransactAT
  5. TradeNavigator
  6. Sierra

E-futures ( OEC) and more so if you have a system you like and do NOT want to spend all day monitoring it or if you developed / developing a strong system – let us know and will be happy to assist.

Continue reading “Futures Trading Levels and Economic Reports for September 26, 2013”

How Do I Get Started Trading Futures?

So you’ve come this far. You’ve evaluated different vehicles of investment, and you have decided to expand your portfolio to include commodity futures. Now what? You are going to need a few tools at your disposal: a knowledgeable commodity broker that is quick on their feet, a reliable, efficient platform that will get you the information you require and executes your trades on a timely basis, and perhaps most importantly a plan.

Let’s begin with the most important requirement: because futures are so highly, there’s no doubt it can be a very risky asset class and you should only be trading with “risk capital”, or money that you can stand to lose and won’t affect your lifestyle if you do. Once you’ve accumulated your risk capital and you’ve come to terms with the nature of trading futures, you can take matters a step further by doing research on what kind of trader you want to be.

Continue reading “How Do I Get Started Trading Futures?”

Trading Levels and Economic Reports for April 4, 2013

 

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday April 4, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

I mentioned yesterday :So far most selling in stock index futures are met with volume buying at lower levels. I wish I had an idea of how long this would last….but I don’t. What can change the dynamics are the few employment reports we have this week. Starting with tomorrow ADP report, Thursday weekly report and non-farm payroll ( the big report) this

Friday.

It seems that this morning ADP report but actually more so ISM actually gave stock index a lower break for the first time in a while.

 

I am sharing with you daily chart of mini Russell for your review and possible support/ resistance levels.

 

mini russell daily chart

 

New Trading Hours for Grain Futures Starting April 8,2013

New Trading Hours for Grain Futures Starting April 8,2013

 

Sunday to Friday: CME Globex trading from 7:00 p.m. to 7:45 a.m. CT
Monday to Friday: Break in CME Globex trading from 7:45 a.m. to 8:30 a.m. CT
Monday to Friday: Floor and CME Globex trading from 8:30 a.m. to 1:15 p.m. CT
Mini-sized Grains trades til 1:45 p.m. CT

 

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 Levels and Reports 11-21-2012

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday November 22, 2012

 

Hello Traders,

Trading Levels & Economic Reports for  Thanksgiving

 

Hello Traders,

This is the last blog until Monday Nov. 26th.

Please take note of holiday trading hours below:
CME Globex® Thanksgiving Holiday Schedule
CME Group Equity Products
 Wednesday, Nov 21
1615 CT – Regular CME Globex close for trade date Wednesday, Nov 21
1700 CT – Regular CME Globex open for trade date Friday, Nov 23
Note: Day/Session orders entered after 1700 CT on Wednesday are for trade date Friday, Nov 23 and will continue working until Friday’s close at 1215 CT
Note: USD- Ibovespa Futures will remain closed until their 0515 open on
Thursday, Nov 22
Thursday, Nov 22
1030 CT – Trading halt
* Order entry, modification and cancellation allowed
1700 CT – Equity products resume trading
Note: USD- Ibovespa Futures will remain closed until their 0515 open on
Friday, Nov 23
Friday, Nov 23
1215 CT – Early CME Globex close for trade date Friday, Nov 23
For complete schedule of all markets please visit:

CME Group Thanksgiving Schedule

ICE Exchange Thanksgiving Schedule

 

Wishing all of you a great Thanksgiving holiday with family and loved ones!

 

Trading Levels & Economic Reports for 06-05 with Renko chart for Mini S&P

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Tuesday June 5, 2012

Hello Traders,

Heads up traders! Front month for bonds, ten years and other financials is now September.

Front month for gold is August.

June is still front month for indices and currencies.

Below is a screen shot of the Mini Sp 500 chart I shared during today’s session with clients and prospects during our live trading signals session

Renko mini S&P chart for your review below:

Renko Mini S&P 500 chart

Would you like to have access to my DIAMOND and TOPAZ ALGOs as shown above and be able to apply for any market and any time frame on your own PC ? You can now have a two weeks free trial where I enable the ALGO along with few studies for your own sierra/ ATcharts.

OR you can simply “stop by” and view my live screen.

To start your trial, please visit:
https://www.cannontrading.com/tools/intraday-futures-trading-signals Continue reading “Trading Levels & Economic Reports for 06-05 with Renko chart for Mini S&P”

Hourly Chart Mini S&P 500 for May 23, 2012

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1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Tuesday May 23, 2012

Hello Traders,

Good ranges on many markets I follow intra day, which most day-traders look for.

As I said many times before , volatility and wide ranges can be a double edge sword….

Below you will see an hourly chart of the mini SP 500 along with some potential Elliott Wave targets for either pull backs or continued bounce.

Trade with patience, trade with discipline and good trading to all.

 

Hourly chart of Mini S&P 500 below for your review:

mini sp hourly Continue reading “Hourly Chart Mini S&P 500 for May 23, 2012”

Weekly Chart of the Mini NASDAQ | Support and Resistance Levels

 

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday May 17, 2012

 

Hello Traders,

Weekly chart of the mini NASDAQ with possible levels to watch for your review below.

Patience, discipline and ability to accept losses are some of the biggest keys for any trading, especially for day-trading.

Write your rules down, post them on the computer and make a conscious effort to follow them. I know when I follow my own rules, it helps me and sometimes the biggest battle is just staying disciplined.

Continue reading “Weekly Chart of the Mini NASDAQ | Support and Resistance Levels”