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Category: Futures Broker

The futures market comprises mainly of two players, namely, the hedgers and the speculators. While the former use futures as a safety or protection blanket, the latter is a group of traders who handle the trading accounts of those investing in the futures.

Futures trading can be arisky business that can require guidance and consultancy. Whether you are an individual or a firm, you need to be well-versed with the rules of the game. Futures brokers are always there to help you with advice and help you in matters related to futures trading. A rule of futures trading is that one canonly use those funds that have been termed as risk capital.

We at Cannon Trading help your understanding of the big and small things about futures brokers and trading. Apart from that, we also aid you in making the most out of the market; and, no matter how volatile and risky it is we offer the best advice we possibly can on trading. Under this category of futures broker, we write about the latest and informative articles that you should read to get equipped on the recent events in the futures markets.

CPI, PPI, WASDE, NFP, Futures Spreads, July Silver; Your 5 Important Need-To-Knows for Trading Futures the Week of June 9th, 2025

Posted on June 6, 2025 by Cannon Operations

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Cannon Futures Weekly Letter

In Today’s Issue #1245

The Week Ahead – CPI, PPI, Inflation and WASDE
Futures 102 – Understanding Futures Spreads
Hot Market of the Week – July Silver
Broker’s Trading System of the Week – Mini NASDAQ Day Trading System
Trading Levels for Next Week
Trading Reports for Next Week

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

cpi

CPI, PPI, NFP

Non-Farm Payrolls (NFP) came and went, the equities market liked the results. This week will feature a major Agricultural report WASDE, supply and demand numbers from around the globe, CPI and PPI.

No Fed speakers until after the FOMC Rate announcement 8 business days prior to the next FOMC rate decision, known as the blackout period, that encompasses all of next week. Light earnings, only 77 reporting as we are at the end of earnings season.

We will be rolling the Equity Index contracts to September (U) beginning next Friday.

Remember that current market drivers for Equities are hard data on Jobs, Inflation, Trump tweets (tariff talks not Elon small talk) and Geopolitics.

More volatility to come as next week all markets will be reacting to whatever comes out of the U.S. Govt leadership relating to conflicts cessation and trade deals. Therefore, increased volatility expectations with periodic choppiness as the administration Vs the Courts seem to also be in the middle innings of their tariff battle.

Earnings Next Week:

Mon. Midsize Retailers
Tue. Gamestop, More Retailers,
Wed. Oracle
Thu. Adobe
Fri. quiet

FED SPEECHES: (all time CDT)

Mon. FED
Tues. Black OUT
Wed. Period
Thu. No
Fri. Speakers until June 18th.

Economic Data week:

Mon. Wholesale inventories, Consumer Inflation Expectations
Tue. NFIB Bus. Optimism Index
Wed. CPI, EIA Crude oil stocks
Thur. PPI, Continuing jobless claims, EIA Nat Gas storage, WASDE
Fri. Mich. Consumer Sentiment

Understanding Futures Spreads

Course Overview

This course covers the definition of futures spread trades and why you may want to add spreads to your trading strategy. We will discuss the benefits of spread trading which include potential less risk and cost efficiencies. This course will introduce the different types of spreads used with various products.

START YOUR FREE INTERACTIVE COURSE NOW!

Hot Market of the Week

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

July Silver

July silver is challenging its contract high from last fall. If the chart can break out with new sustained highs, we have open PriceCounts to the topside with the first objective projecting a possible run to the 38.45 area.

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.

Brokers Trading System of the Week

Intra NASDAQ Trading System

Market Sector: Stock Index

Markets Traded: NQ -Mini Nasdaq 100

System Type: Day Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $15,000

Developer Fee per contract: $90.00 Monthly Subscription

Get Started

Learn More

Disclaimer The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not necessarily indicative of future results.

IMPORTANT RISK DISCLOSURE

Futures trading is complex and carries the risk of substantial losses. It is not suitable for all investors. The ability to withstand losses and to adhere to a particular trading program in spite of trading losses are material points which can adversely affect investor returns.

The returns for trading systems listed throughout this website are hypothetical in that they represent 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 backadjusted data (backadjusted).

Please read carefully the CFTC required disclaimer regarding hypothetical results below. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW.

NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING.

FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS.

THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

Please read full disclaimer HERE.

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Trading Levels for Next Week

Daily Levels for June 9th, 2025

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No

Trading Reports for Next Week

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

www.mrci.com

Find us on Trustpilot

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.

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Bookmap Futures Platform

Posted on June 5, 2025June 4, 2025 by Ilan

In today’s fast-paced trading landscape, choosing a high-performance futures trading platform can be the difference in the bottom line. One standout tool in the industry is the Bookmap futures platform, designed to provide unparalleled transparency and control to traders. Leveraging real-time data and dynamic visualization, Bookmap desktop software transforms how traders interpret markets.

Cannon Trading Company, a leading name among brokerage firms, complements this tool perfectly. With deep roots in futures markets, Cannon Trading offers unmatched expertise and service—essential qualities when navigating an online futures trading platform._NICE!

This guide explores the essential features of Bookmap and walks through the Bookmap download. We intoduce Bookmap pricing options, Bookmap demo, and explain why Cannon Trading is the ideal brokerage for futures traders.

What Is the Bookmap Futures Platform?

The Bookmap futures platform presents traders with a comprehensive view of market liquidity by visualizing full-depth order book data through heatmaps. Far more than a typical charting tool, Bookmap reveals the live action of market participants, giving both scalpers and swing traders an edge.

The Bookmap desktop version gives traders a complete trading environment. From basic charts to highly detailed heatmap displays, every element is designed to show real-time market activity with remarkable precision.

The Bookmap demo is a great entry point for those who want to explore these capabilities before committing financially. Whether you choose the standalone software or a Bookmap desktop demo, you gain access to a set of tools that highlight the platform’s core strengths.

An integral part of the experience is Bookmap data—accurate, timely, and granular. These feeds deliver insights that help traders make sense of market movements, anticipate order flow shifts, and plan their entries and exits accordingly. Through providing unique analysis as shown below..

Key Features of the Bookmap Desktop Platform

Heatmap Visualization
The cornerstone of the Bookmap futures platform is its HEATMAP, showing historical and real-time order book data. Large orders appear as bright zones, making it easier to recognize areas of market interest or potential reversal points.

Order Flow and Liquidity Monitoring
Bookmap is widely considered the premier futures trading platform for order flow analysis. Traders can observe the dynamic interplay of limit and market orders, view liquidity zones, and track price impacts in real time.

Volume Dots and Delta Indicators
For traders who rely on volume analysis, Bookmap provides a unique toolset. Volume dots and volume delta indicators help pinpoint where trades are executed, giving online futures trading platform users the data clarity they need for split-second decisions.

Replay Functionality
The ability to rewind market action using the replay tool helps traders refine their skills. Whether you’re backtesting a strategy or learning from past trades, this feature provides a controlled environment to improve.

Third-Party Plugin and API Support
With API access and plugin compatibility, the Bookmap desktop app can be fully customized. Add-ons extend functionality, from trading automation to alerts, turning your system into a highly personalized futures trading platform.

Desktop and Web Access
Whether you’re using Bookmap desktop or accessing Bookmap through a browser, the flexibility ensures you’re able to connect on the go. Both options sync seamlessly, letting you trade from virtually anywhere.

Try a FREE Demo!

Exploring the Bookmap Desktop Demo

A Bookmap desktop demo is the perfect way to test-drive the platform. It mirrors the full experience while limiting some premium features, offering traders a zero-risk way to explore.

There are multiple ways to access a Bookmap demo:

Through Cannon Trading’s promotional offers: https://cannontrading.com/software/bookmap
Direct from Bookmap’s website
Via educational programs and webinars

Bookmap desktop demo lets you get comfortable with its tools, from heatmaps to replay, before making a financial commitment.

Understanding Bookmap Pricing Tiers

Before you sign up, it’s crucial to compare Bookmap pricing plans:

Bookmap Free: Great for exploring the basics, it includes limited Bookmap data and simple charting features.
Digital+: Adds more detailed visualizations and expanded indicator sets.
Global: Designed for active futures traders, offering full-depth data and premium studies.
Global+: The elite tier with powerful add-ons like Large Lot Tracker and advanced performance modules.

No matter your experience level, there’s a Bookmap pricing plan for you. Better yet, the Bookmap download process is simple—compatible with both Mac and Windows, making setup hassle-free.

Try a FREE Demo!

Step-by-Step: How to Initiate Your Bookmap Download

To get started with the Bookmap futures platform, follow these five simple steps:

Visit the Cannon Trading Official Site: https://cannontrading.com/software/bookmap
Pick the Right Plan: Choose a pricing tier that matches your trading style and platform needs.
Complete the Download: Installing the Bookmap desktop version takes just minutes.
Connect to Bookmap Data Feeds: Use built-in options or link your broker feed.
Launch Your Bookmap Demo: A Bookmap desktop demo is available for all plans, giving you instant access to heatmaps and liquidity tools.

From that point, you’re ready to experience trading with one of the most advanced tools available.

Why Cannon Trading Is a Great Broker for Bookmap

Bookmap Futures

Selecting the right broker is vital when using an online futures trading platform like Bookmap. Cannon Trading stands out for several compelling reasons:

Deep Industry Experience
Since 1988, Cannon Trading has built a reputation for excellence in the futures trading platform space. Their seasoned team understands the nuances of Bookmap and offers guidance through onboarding, data feeds, and platform setup.

Regulatory Compliance
Cannon is a registered Introducing Broker with both the NFA and CFTC. This ensures client safety, transparent practices, and compliance with all industry standards.

Full Support for Bookmap Users
Cannon offers hands-on assistance for installing the Bookmap download, setting up a Bookmap demo, and connecting Bookmap data feeds. This ensures a seamless start, even for traders new to advanced platforms.

Multiple Trading Platforms
In addition to Bookmap, Cannon gives clients access to over a dozen other online futures trading platforms, including CQG, Sierra Chart, and Rithmic. This diversity lets you explore multiple systems under one brokerage umbrella.

Educational Resources
From tutorials to live webinars, Cannon Trading empowers users with educational content focused on the Bookmap futures platform, including insights on how to interpret the heatmap and use the replay tool effectively.

Trading Excellence with Cannon and Bookmap

The synergy between the Bookmap futures platform and Cannon Trading creates a powerful trading solution. Whether you’re using the Bookmap desktop application for live scalping or analyzing markets with historical data, you benefit from world-class technology backed by expert support.

Cannon Trading helps you unlock the full potential of Bookmap—from navigating Bookmap pricing plans to optimizing your use of Bookmap data feeds. With both the platform and the brokerage working in harmony, your trading journey is poised for success.

The Bookmap futures platform is revolutionizing the way traders visualize and interact with the market. With tools like the Bookmap desktop demo, rich Bookmap data, multiple Bookmap pricing tiers, and a seamless Bookmap download process, it caters to traders at every level.

When you partner with Cannon Trading—a trusted name in the online futures trading platform industry—you gain not only access to cutting-edge software but also decades of brokerage expertise. Bookmap and Cannon Trading provide the tools, support, and insight to help you thrive.

Try a FREE Demo!

Ready to start trading futures? Call us at 1(800)454-9572 (US) or (310)859-9572 (International), or email info@cannontrading.com to speak with one of our experienced, Series-3 licensed futures brokers and begin your futures trading journey with Cannon Trading Company today.

Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involve substantial risk of loss and are not suitable for all investors. Past performance is not indicative of future results. Carefully consider if 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.

Important: Trading commodity futures and options involves a substantial risk of loss. The recommendations contained in this article are opinions only and do not guarantee any profits. This article is for educational purposes. Past performances are not necessarily indicative of future results.

This article has been generated with the help of AI Technology and modified for accuracy and compliance.

Follow us on all socials: @cannontrading

Non-Farm Payroll, July Silver; Your 2 Important Need-To-Knows for Trading Futures on June 6th, 2025

Posted on June 5, 2025 by Cannon Operations

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NFP – Non-Farm Payroll, July Silver; 6.6.25

By Ilan Levy-Mayer, VP

Non-Farm Payroll tomorrow. Market moving report.

non-farm payroll

Trading during the Non-Farm Payroll release can be highly volatile and unpredictable, making it crucial for traders to exercise caution. The Non-Farm Payroll report, released on the first Friday of each month, provides key insights into U.S. employment trends and can significantly impact currency, stock, and futures markets.

This sudden influx of data often triggers rapid price swings, stop hunts, and temporary market distortions. Many traders attempt to capitalize on these movements, but the heightened volatility can lead to increased slippage and unexpected losses.

It’s essential to use appropriate risk management strategies, such as adjusting position sizes, setting wider stop losses, or waiting until the initial volatility settles before entering a trade.

Another critical factor to consider is the drying up of liquidity during Non-Farm Payroll trading. Liquidity tends to thin out just before and immediately after the report as market participants, including institutional investors, pull back or adjust their positions cautiously.

This can result in exaggerated price movements, making it harder to execute trades at desired levels. Spreads may widen, and orders might experience delays or unfavorable fills.

To navigate this environment effectively, traders should be mindful of the risks and consider using limit orders instead of market orders, staying informed on previous Non-Farm Payroll trends, and avoiding overleveraging positions.

Patience and preparedness can help mitigate unnecessary risks while trading around this high-impact event.

That’s Non-Farm Payroll. Now, July Silver…

July Silver

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.

Daily Levels for June 6th, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time ( New York)

Find us on Trustpilot

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.

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or wherever you listen to podcasts!

E-Mini: Dow, Nasdaq, S&P 500; Jobs Report, July Hogs: Your 5 Important Need-To-Knows for Trading Futures on June 5th, 2025

Posted on June 4, 2025 by Cannon Operations

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What to Know Before Trading Futures on June 5th

Key points for tomorrow: E-Mini, Jobs Report

By Mark O’Brien, Senior Broker

U.S. stock index futures traded on both sides of the flatline into today’s close of trading with a lack of progress on tariff negotiations and economic data suggesting the uncertainty was taking a toll.

E-Mini

e-mini

At this typing, the E-mini S&P 500 index traded near unchanged, while the E-mini Dow Jones contract dipped ±100 pts and the E-mini Nasdaq pushed up ±67 pts.

Trade News

President Donald Trump stated he expected a call with Chinese leader Xi Jinping this week to discuss trade, though he also suggested it might be an uphill battle. Investors would welcome any thaw in trade relations with China, one of the U.S.’s largest trading partners.

Jobs Report

Meanwhile, investors also await the Labor Department’s monthly jobs report this Friday. The report could be a barometer of how much, if any, businesses are delaying hiring due to tariffs.

On Wednesday, payroll processor ADP said private-sector firms added just 37,000 workers in May, the lowest since March 2023, and well below Wall Street’s expectations of 115,000 workers. April’s tally was also revised down. ADP’s report is sometimes seen as a harbinger of the official government release, though it often misses the mark.

Also on Wednesday, the nonpartisan Congressional Budget Office said Trump’s tax bill will increase deficits by $2.4 trillion over the next decade. Investors and analysts have warned that elevated deficits will lead to higher interest rates, since the U.S. government will need to pay more to attract investors to buy its debt.

Meanwhile, a closely-watched gauge of business activity in the service sector fell below the line that separates growth from contraction in April. ISM’s Services Purchasing Managers Index was at 49.9 in May, the lowest in a year, and a reminder of the impact of trade war uncertainty.

July Hogs:

July hogs are challenging their contract highs. The chart has upside PriceCounts in place where a breakout into new sustained highs would project a possible run to the first count to the 112.28 area.

Daily Levels for June 5th, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time ( New York)

Find us on Trustpilot

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.

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Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

Drawdowns, ISM, EIA Energy, Beige Book; Your 4 Important Need-To-Knows for Trading Futures on June 4th, 2025

Posted on June 3, 2025 by Cannon Operations

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Drawdowns

ISM, EIA Energy, Beige Book

By John Thorpe, Senior Broker

Relatively quiet day in most futures markets today,

Not much regularly scheduled economic or earnings news tomorrow with a glint of fed speakers, only 2.

The Drawdown

drawdown

Rather than doing a market recap today below is a brief I put together regarding drawdowns and the psychology of drawdowns: In my opinion, they are not a bad thing, in fact I believe that drawdown periods are a very sane and good thing for any solid strategy. Drawdown periods are very efficient to shake out weak traders from the strategy while smarter traders can pick up their money (which is the name of the game after all). The time that passes since the first equity high until we reach a new equity high is the drawdown period. So, a drawdown period has two dimensions:

The drawdown depth and the drawdown length.

Most people care about the drawdown depth as this is what is easier to see on back tests. However, the human the brain is much more affected by drawdown length. During live trading, it is easier to deal with a 10% drawdown for one week than with a 5% drawdown for five months.

Detailed statistical information about the strategy: Expected profit, expected drawdown, maximal drawdown depth and length, average win percentage, reward to risk ratio, …
Different scenarios and the actions to take (if any): intense and/or deep drawdown periods and what to do (or do nothing), whether to trade during Christmas time or summertime, whether to keep open positions during weekends or not, what to do after a losing year (or do nothing), funding and withdrawing plan, …
A very clear worst-case scenario: it is basically the “line in the sand” where we know that the strategy has lost it’s edge and something must be done (stop trading the strategy, adapting parameters, …). There are many ways to calculate it (double the max historical drawdown, using Montecarlo simulations, using regression lines multiplied by x times the standard deviation on the equity curve, …). In the end it is a number. The important thing is to have it written in the trading plan.

When facing a problem that generates pain or panic such as a sudden deep drawdown, most of the time, when analyzed with rigor and care, the problem is not so important, and everything is within expected statistics. You will see that there were many periods in the past with similar characteristics.

Market volatility is here to stay for the foreseeable future with its ebbs and flows.

Choose your opportunities wisely. Today’s market swings were largely back to normal (pre tariff talk normal)

Tomorrow:

Econ Data: ISM Services PMI, EIA Energy

FED Speak: 2

Earnings: Dollar Tree

Tariff news: Anything goes!

July Wheat – Corn Spread

It took a couple of attempts but the July wheat – corn spread has decisively broken out above the extended downtrend, and activated upside PriceCounts objectives in the process. The first count projects a possible run to the $1.20 area.

Daily Levels for June 4th, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

Find us on Trustpilot

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.

Call Now

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Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

First Notice/Last Trading Day; Your 2 Important Need-To-Knows for Trading Futures going into June 2025

Posted on June 2, 2025 by Cannon Operations

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Fist Notice and Last Trading Dates for June.

first notice

Below are the contracts which are entering First Notice or Last Trading Day for June.

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.

Daily Levels for June 3rd, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

Find us on Trustpilot

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.

Call Now

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Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

Non-Farm Payrolls, Tariffs, Earnings; Your 3 Important Need-To-Knows for Trading Futures The Week of June 2nd, 2025

Posted on May 30, 2025 by Cannon Operations

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Cannon Futures Weekly Letter

In Today’s Issue #1244

The Week Ahead – Non-Farm Payrolls, Earnings, Tariffs
LIVE, FREE Demo for Futures & Options
Trading Levels for Next Week
Trading Reports for Next Week

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

Non-Farm Payrolls

non-farm payrolls

A full week ahead and as nearly always, the 1st Friday of the month brings an impactful data set to the markets. Non-Farm Payrolls (NFP).This week will also feature the last week of Fed speakers until after the FOMC Rate announcement 8 business days following this upcoming weekend, known as the blackout period. Light earnings, only 149 reporting as we are in the 9th inning of this game.

Tariffs

tariffs

Earnings Next Week:

Mon. Credo
Tue. HP, Dollar General, Crowdstrike
Wed. Dollar Tree
Thu. Broadcom, LuLuLemon
Fri. ABM industries

FED SPEECHES: (all time CDT)

Mon. Logan 9:15 am CT, Goolsbee 11:45 am CT
Tues. Goolsbee 11:45 am CT, Logan 2:30 pm CT
Wed. Bostic 7:30 am CT
Thu. Harker 12:30 pm CT,
Fri. None

Economic Data week:

Mon. ISM mfg. PMI
Tue. RedBook, JOLTS, Factory Orders,RCM/TIPP Econ Optimism Index,
Wed. ADP, PMI Final, ISM Services, EIA Crude Stocks, Beige Book,
Thur. Challenger Job Cuts, Continuing claims, EIA Nat Gas storage
Fri. Non-Farm Payrolls, Used Car prices.

Free Demo: Live Data, Streaming Charts

Introducing the newest trading platform to our already prominent selection: CannonX

Cloud-based and compatible with Windows and MacOS
Top-of-the-line tradable charts with abundant indicators and drawing tools
Option quotes display for all expirations and including all “Greeks.”
Quote programmability for straight futures and options as well as futures and option spreads, including multi-leg/complex options spreads.
Depth-of-market display at your fingertips for any of the position types listed aboveFull, easy-to-read account information display

START YOUR DEMO NOW

Trading Levels for Next Week

Daily Levels for June 2nd, 2025

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Before Your next Trade, learn to recognize charts and patterns!

Trading Reports for Next Week

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

www.mrci.com

Find us on Trustpilot

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.

Call Now

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Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

Volatility in Gold Options; Your 2 Important Need-To-Knows for Trading Futures on May 30th, 2025

Posted on May 29, 2025 by Cannon Operations

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Gold Options Volatility

Gold Options

Within the gold market, one story that has made the rounds is the premium of historical volatility to implied volatility that has appeared since April 2. CME’s, Rich Excell’s latest report looks at an options straddle with a Tuesday expiration in June.

Rich aims to cover the cost of the straddle by making the daily time decay, or theta, by gamma-scalping the straddle. Read the full report for more details.

August Gold Weekly Chart Below

Daily Levels for May 30th, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

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Economic Reports

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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.

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Trading Futures: Financial, Energy, Softs – Your 3 Important Need-To-Knows For Trading Futures on May 29th, 2025

Posted on May 28, 2025 by Cannon Operations

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What to Know Before Trading Futures on May 29th

Key points for Trading Futures Tomorrow:

By Mark O’Brien, Senior Broker

trading futures

Trading Futures – Financial:

Minutes of the May 6-7 Federal Reserve policy meeting were released today and officials signaled concern that large tariff hikes would push up prices and could risk stoking higher inflation. Policymakers largely agreed that heightened economic uncertainty and increased risks of both higher unemployment and inflation warranted no change in their wait-and-see policy stance. Investors in interest-rate futures markets expect the Fed will hold rates steady through the summer.

Trading Futures – Energy:

Oil prices gained more than 1% today on supply concerns as OPEC+ agreed to leave their output policy unchanged and as U.S. barred Chevron from exporting Venezuelan crude.

Investors anticipated members of OPEC+ would agree to a production increase later this week.

Still, July crude oil futures have remained range bound between $60 and $63 per barrel for the last two weeks and well below its 100-day moving average near $66.20.

July natural gas prices slumped mid-session today with it’s the latest threat from the July contract to move through its 200-day moving average near $3.53. A break below could open the door to further losses, with downside risk extending to $3.444 and possibly $3.338 in the short term.

Trading Futures

The near-term weather outlook remains a bearish overhang. Forecasts through June 3rd call for cooler temperatures across the eastern half of the U.S., including Texas and the South, dragging national demand lower.

Softs:

July sugar futures settled down 0.32 to 16.90 cents per pound, the lowest price since mid-January.

Daily Levels for May 29th, 2025

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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

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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.

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FOMC Minutes, NVIDIA Earnings, July Rough Rice; Your 3 Important NEED-TO-KNOWS for Futures Trading on May 28th, 2025

Posted on May 27, 2025 by Cannon Operations

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FOMC Minutes, NVIDIA

fomc

By John Thorpe, Senior Broker

CME is in the process of initial margin reduction.

The Initial margin for the ES is now just 23,996.50 approx. $1000 less than last week.

An important data day tomorrow:

FOMC Meeting Minutes and NVIDIA earnings release.

From the wires today:

An upbeat earnings report by Nvidia Corp. would bode well for a rally in US equities as investors have about $7 trillion parked in cash funds, according to BBVA strategists.

Institutional positioning in the US technology sector is “undemanding” with hedge funds and mutual funds still substantially underweight, strategist Michalis Onisiforou said. Exposure of trend-following Commodity Trading Advisors (CTA) to the broader stock market is also neutral, while volatility control funds have plenty of room to add to risk, he said.

“With the institutional length in equities far from exuberance levels,” Onisiforou said the setup favors higher exposure to stocks

Market volatility is here to stay for the foreseeable future with its ebbs and flows.

Choose your opportunities wisely. Today’s market swings were largely back to normal (pre tariff talk normal)

Tomorrow:

Econ Data: Dallas, Richmond, Redbook and FOMC minutes.

FED Speak: 2

Earnings: NVIDIA

Tariff news: Anything goes!

July Rough Rice

July rice stabilized its extended decline after satisfying its fourth downside PriceCount objective last month. Now, the chart has activated upside counts on the recovery and completed the first objective to the 1344 area.

Daily Levels for May 28th, 2025

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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

Find us on Trustpilot

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.

Call Now

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Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

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Cannon Futures Weekly Letter

In Today’s Issue #1245

The Week Ahead – CPI, PPI, Inflation and WASDE

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

Understanding Futures Spreads

Course Overview

Hot Market of the Week

July Silver

Brokers Trading System of the Week

Would you like to get weekly updates on real-time, results of systems mentioned above?

Trading Levels for Next Week

Daily Levels for June 9th, 2025

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What Is the Bookmap Futures Platform?

Key Features of the Bookmap Desktop Platform

Exploring the Bookmap Desktop Demo

Understanding Bookmap Pricing Tiers

Step-by-Step: How to Initiate Your Bookmap Download

Trading Excellence with Cannon and Bookmap

NFP – Non-Farm Payroll, July Silver; 6.6.25

By Ilan Levy-Mayer, VP

Non-Farm Payroll tomorrow. Market moving report.

That’s Non-Farm Payroll. Now, July Silver…

July Silver

Daily Levels for June 6th, 2025

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Economic Reports

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What to Know Before Trading Futures on June 5th

Key points for tomorrow: E-Mini, Jobs Report

By Mark O’Brien, Senior Broker

E-Mini

Trade News

Jobs Report

July Hogs:

Daily Levels for June 5th, 2025

Economic Reports

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Drawdowns

ISM, EIA Energy, Beige Book

By John Thorpe, Senior Broker

The Drawdown

The drawdown depth and the drawdown length.

July Wheat – Corn Spread

Daily Levels for June 4th, 2025

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Economic Reports

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Fist Notice and Last Trading Dates for June.

Below are the contracts which are entering First Notice or Last Trading Day for June.

Daily Levels for June 3rd, 2025

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Economic Reports

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Cannon Futures Weekly Letter

In Today’s Issue #1244

The Week Ahead – Non-Farm Payrolls, Earnings, Tariffs

LIVE, FREE Demo for Futures & Options

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

Non-Farm Payrolls

Tariffs