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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.

Cannon Trading: Empowering Traders with the Lowest Futures Day Trading Margins

Posted on by Cannon Operations

Read more about low day trading margins through Cannon Trading Company here.

In the fast-paced realm of futures and commodities trading, securing the lowest day trading margins can make all the difference. Enter Cannon Trading, a pioneering name in the industry renowned for providing traders with the competitive edge they need. Offering the lowest futures day trading margins available, Cannon Trading empowers traders to explore opportunities and navigate the markets confidently and responsibly.

Unveiling the Power of Low Margins

Cannon Trading’s commitment to its clients is evident in its revolutionary approach to day trading margins. By providing the lowest futures day trading margins available, the company enables traders to stretch their investment capital further and enhance their trading potential. This strategic advantage is a game-changer, especially in a landscape where quick decisions and rapid executions are key.

Advantages of Low Day Trading Margins

  1. Increased Leverage: With low day trading margins, traders can access greater leverage, enabling them to control larger positions with a smaller amount of capital. This magnifies potential profits and allows traders to capitalize on market movements effectively.
  2. Enhanced Risk Management: Low margins not only boost potential gains but also aid in risk management. Traders can allocate their capital more efficiently across multiple trades, reducing the impact of losses and safeguarding their investment.
  3. Exploiting Intraday Opportunities: Intraday traders thrive on swift and nimble executions. Low day trading margins facilitate the quick movements required for capturing short-term market opportunities, enhancing traders’ ability to profit from fluctuations.
  4. Diversification Potential: Lower margins mean traders can diversify their portfolio across various futures and commodities, spreading risk and potentially reaping rewards from different market sectors.

Why Choose Cannon Trading for Low Margins?

  1. Proven Track Record: With a history of excellence spanning decades, Cannon Trading has established itself as a reliable and reputable broker in the industry. The company’s commitment to transparency and client satisfaction is unwavering.
  2. Customized Solutions: Cannon Trading understands that each trader’s needs are unique. The company works closely with clients to tailor trading solutions that align with their objectives, risk tolerance, and trading style.
  3. Cutting-edge Technology: Equipped with advanced trading platforms, Cannon Trading provides traders with the tools they need for accurate analysis, efficient execution, and responsible management of their trades.
  4. Responsive Support: Cannon Trading’s experienced support team is available to address inquiries, provide guidance, and assist trading on call.

Cannon Trading’s provision of the lowest futures day trading margins marks it as an industry leader dedicated to its clients’ success. By offering increased leverage, enhanced risk management, and the ability to exploit intraday opportunities, the company empowers traders to thrive in the dynamic world of futures and commodities trading. Choosing Cannon Trading means equipping oneself with a strategic advantage that can turn market volatility into opportunity.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey with Cannon Trading Company today.

Disclaimer – Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  Past performance is not indicative of future results. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Weekly Newsletter: Rate Futures Trading Contest + Levels for August 21st

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1159

 

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

In this issue:

  • Trading Resource of the Week – Rate Futures Trading Contest!
  • Hot Market of the Week – December Bean Oil
  • Broker’s Trading System of the Week – Micro NQ and ES Trading Systems
  • Trading Levels for Next Week
  • Trading Reports for Next Week

  • Trading Resource of the Week – : Simulated Trading Contest with Real Cash Prizes!!

Sign up to win up to $2500 in cash prize and practice your rate futures trading skills ( bonds, ten years, 5 years etc.)

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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.
December soybean oil slowed its rally last months against the fall high and corrected. Now, the chart has recovered and is poised for another challenge of the fall and July highs. If we can break out to the upside with new sustained highs, we have a first upside PriceCount projection to the 68.51 area to aim for.
PriceCounts – Not about where we’ve been , but where we might be going next!
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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.
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  • Broker’s Trading System of the Week

Are you interested in seeing how two different intraday trading systems perform in real time, live trading?
Cannon Trading offers you weekly updates on the results of these systems, which trade the MNQ (micro mini Nasdaq) and the ES (mini SP) respectively.
You can compare and contrast their strategies, risks, and returns, and decide which one suits your trading goals better. All you need is a minimum account size of $10,000 for the MNQ system and $25,000 for the ES system.
Sign Up for a Free Personalized Consultation with a Broker from Cannon Trading Company
Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary, confidential consultation with a Cannon Trading Company series 3 broker.

  • Trading Levels for Next Week

Daily Levels for August 21st, 2023
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
Would you like to receive daily support & resistance levels?
Yes
S
No
S

Weekly Levels

 

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  • Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week: www.mrci.com 
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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 herein contained are derived from sources believed to be reliable but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading.

 

Good Trading!
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.

Utilize Smart ALGO for Possible Trades: Free Trial + Trading Levels for August 18th 2023

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

Would you like to enable your own possible ALGO buy and sell signals on our FREE trading platform?

You an try it for yourself and see if you like the type of signals…..

TRY NOW – NO Credit Card Needed

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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

08-18-2023

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

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

 

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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.

Cycle Detrending: Can you use Cycles to fortify your trading acumen?

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

Cycle Detrending: Can you use Cycles to fortify your trading acumen?

by John Thorpe, Senior Broker

I have accumulated a small library of important works in the study of futures trading over the years so instead of writing about the week ahead as I normally do on Mondays, I thought I would change pace ( I was enjoying a long weekend out of town ) so today, based on the work of Walt Bressert and The Foundation for the study of Cycles (Cycles.org) ,Jake Bernstein and others, I thought it would be important to briefly discuss another layer of technical analysis we all could use when trading becomes too myopic. The study of Cycles, simply put Cycle study is dedicated to the study of recurring patterns in the economy, markets, natural sciences and the Arts.  We are not looking to trade the big bottoms and tops that occur as the trend reverses, but the bottoms and tops of the shorter-term cycles occurring in the direction of TREND. One tool to identify the cycles within a trend is called “Centered Detrending” With “CD” you can visibly observe cycle bottoms and tops. Because this takes the mystery out of cycles you can look back over a considerable amount of time(History) and see the consistency and tradability of cycles. Most trading cycles in the futures markets tend to cluster between 18 and 22 bars. What we want to do is CD the chart and calculate a moving average the same length as the potential trading cycle. But instead of plotting the Moving Avg. (MA) from the last day it should be centered in the middle of the cycle; for instance if it is a 20 day MA, move it back 10 days from the most recent close. this will show you a linear representation of the cycles relative to price movement.

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You are half way home now, since this will only show historical cycles it can’t be used for real-time trading. You now will need an Oscillator to overlay. To use an oscillator to identify cycle tops and bottoms look for three characteristics: (there are a number of oscillators on your trading platform, play around with a few)

  1. The oscillator turns when prices turn
  2. The oscillator does not “wiggle” much at cycle tops and bottoms
  3. The oscillator has amplitude moves that take it to the extremes of an allowable range as the cycles bottom and top..      I hope this gives you a different perspective to learn best how to trade a trend. My compliments to the decades of analysis put out there by Bressert, Bernstein , Edward Dewey Chief Economist for the Hoover admins Dept. of Commerce.

 

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

08-17-2023

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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

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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.

Cannon Trading: The Pinnacle of Trustworthiness in Futures Trading

Posted on by Cannon Operations

Learn more about futures trading with Cannon Trading Company here.

In the fast-paced world of futures trading, finding a reliable and reputable broker is paramount. With numerous options available, traders are often faced with the challenge of selecting a partner that offers not only a robust trading platform but also a commitment to customer satisfaction. Amidst this landscape, Cannon Trading emerges as a shining beacon of trustworthiness and excellence, garnering the highest rating of 4.9 out of 5 stars on TrustPilot. As the highest rated futures broker in the US, Cannon Trading has proven itself as a dependable partner for traders seeking success in the futures market.

Unveiling the Highest Rated Futures Broker in the US

Cannon Trading’s impressive 4.9 out of 5-star rating on TrustPilot speaks volumes about the quality of service it provides to its clients. This rating, which stands as a testament to the satisfaction of traders, underscores the company’s commitment to fostering long-term relationships based on trust, transparency, and exceptional performance. Cannon Trading’s dedication to upholding the highest standards of customer care sets it apart from the competition, solidifying its position as a premier choice for both novice and experienced traders alike.

TrustPilot: A Reflection of Excellence

TrustPilot, a renowned online review platform, is widely recognized for its impartial and authentic feedback system. Achieving a stellar rating on TrustPilot requires more than just offering a platform for trading; it demands consistently delivering on promises, providing superior support, and empowering traders to make informed decisions. Cannon Trading’s outstanding performance on this platform signifies its unwavering commitment to ensuring traders’ success.

Why Cannon Trading Stands Out

  1. Comprehensive Trading Solutions: Cannon Trading boasts a comprehensive suite of trading solutions tailored to meet the diverse needs of its clients. From commodities and options to Forex and indices, the broker provides access to a wide range of markets, enabling traders to diversify their portfolios and capitalize on various opportunities.
  2. Cutting-edge Technology: Staying ahead in the fast-paced world of futures trading requires cutting-edge technology. Cannon Trading provides traders with state-of-the-art trading platforms, equipped with advanced tools for analysis and execution. This empowers traders to make well-informed decisions in real-time, enhancing their chances of success.
  3. Educational Resources: Recognizing that knowledge is power in the trading arena, Cannon Trading goes the extra mile by offering a plethora of educational resources. Webinars, articles, and tutorials are readily available to assist traders in sharpening their skills and staying informed about market trends.
  4. Personalized Customer Support: Cannon Trading’s dedication to customer satisfaction is exemplified by its personalized customer support. Traders are not treated as mere numbers but as valued partners. The company’s experienced support team is always ready to address queries, provide guidance, and offer solutions, contributing to a positive trading experience.

Cannon Trading’s remarkable TrustPilot rating of 4.9 out of 5 stars is a testament to its position as the highest rated futures broker in the US. With its unwavering commitment to providing exceptional service, advanced technology, comprehensive educational resources, and personalized customer support, the broker has garnered the trust and satisfaction of traders from all walks of life. For those seeking a reliable partner to navigate the complexities of futures trading, Cannon Trading stands tall as an embodiment of excellence and trustworthiness.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey with Cannon Trading Company today.

Disclaimer – Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  Past performance is not indicative of future results. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

 

 

Weekly Newsletter: Learn a Trade Set Up + Futures Levels 8.14.2023

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1158

 

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

In this issue:

  • Trading Resource of the Week – Keltner Channels, Volume Charts – Trade Set Up
  • Hot Market of the Week – September Dollar Index
  • Broker’s Trading System of the Week – Platinum Swing Trading System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

 

  • Trading Resource of the Week – Keltner Channels, Volume Charts, Algo Signals – Trade Set Up

Watch the 5 minute video below which share a trading set up I like, using volume charts, candle sticks, Keltner Channels and proprietary ALGOs for trading signals.

Download a FREE demo of the SAME EXACT platform used in the demo here. Real time data.

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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.
September Dollar Index stabilized its sharp break last months and has been recovering higher since. The chart is also activated upside PriceCount objectives, the first count projects a run to the 102.96 area, consistent with a challenge of the early July highs.
PriceCounts – Not about where we’ve been , but where we might be going next!
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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.
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With algorithmic trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker’s choice for this month.
PRODUCT
Platinum
SYSTEM TYPE
Swing
Recommended Cannon Trading Starting Capital
$20,000
COST
USD 115 / monthly
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The performance shown above is hypothetical in that the chart represents 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 back adjusted data. Please read full disclaimer HERE.
Sign Up for a Free Personalized Consultation with a Broker from Cannon Trading Company
Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary, confidential consultation with a Cannon Trading Company series 3 broker.

  • Trading Levels for Next Week

Daily Levels for August 14th, 2023
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
Would you like to receive daily support & resistance levels?
Yes
S
No
S

Weekly Levels

 

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  • Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week: www.mrci.com 
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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 herein contained are derived from sources believed to be reliable but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading.

 

Good Trading!
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.

CPI + Trading Levels for August 10, 2023

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

CPI + Trading Levels for August 10th 2023

CPI tomorrow at 7:30 AM Central time. Market moving report.

Why Traders Care?

Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment

Derived Via The average price of various goods and services are sampled and then compared to the previous sampling;

Acro Consumer Price Index (CPI);

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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

08-10-2023

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

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

 

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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.

Week Ahead: What to Watch Out For + Trading Levels for August 8th 2023

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

The Week Ahead, by John Thorpe, Senior Broker

A sleepy week for market moving info EXCEPT!….     if you are trading the financial futures products you look for earnings reports and economic numbers to fuel the big moves you can profit ( or lose…) from, this week we have….

Well, the major earnings reports seem to be behand us but we still have companies that are proxies for gauging economic health,  this week’s biggest one is UPS, on Tuesday before the open.   Yellow trucking is bankrupt, what say UPS and it’s delivery wagons?  I snipped this from Seeking Alpha The consensus EPS estimate is $2.50 and the consensus revenue estimate is $23.12 billion.

  • Over the last 2 years, UPS has beaten EPS estimates 88% of the time and has beaten revenue estimates 63% of the time.

Fewer economic numbers this week but we have a whopper on Thursday early, July CPI will be released at 7:30 am CDT

PPI is on Friday morning and for you stalwart grain traders Friday @ 9:00 CDT WASDE, Crop production and USDA Supply and Demand , these numbers are critical to marketing efforts this time of year and could create large price swings call you broker and ask about grain options before the reports to take advantage of Friday Grain Volatility and beyond!

 

 

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

08-08-2023

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

 

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

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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: Trading Around Economic Reports + Levels for August 7th

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1157

 

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

Have a safe Memorial Day Weekend. Trading Schedule HERE

In this issue:

  • Trading Resource of the Week – Trading Key Economic reports
  • Hot Market of the Week – September Crude Oil
  • Broker’s Trading System of the Week – NQ Day Trading System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

 

  • Trading Resource of the Week – Trading Key Economic Reports

As a trader, you will come across many factors that you must consider before entering or exiting the markets. Some of the most important aspects to look for are economic events that can move the markets drastically one way or another.
There are many types of economic events including releases by a governing body, changes in sales or consumption of commodities, and increases in supply and demand. All of these can affect the markets you trade, making it important for you to know how and when these changes are happening.
  • What is GDP?
  • About the Retail Sales Report
  • What is NFP ( non farm payroll) Report?
  • Understanding US housing Data
  • FOMC
  • Understanding Oil Data Report
  • Importance of Consumer Confidence Survey

 

ACCESS THE COURSE NOW

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.
September Crude Oil completed it’s first upside PriceCount objective and had a brief break. At this point, if the market can maintain the bullish tone, the next upside PriceCount objective comes at 89.31
PriceCounts – Not about where we’ve been , but where we might be going next!
7f0ff57c c8e5 44b4 8878 3d075d53315e
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.
3b644da2 2bee 4d39 8d98 5208a20bec39
With algorithmic trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker’s choice for this month.
PRODUCT
SYSTEM TYPE
Intraday
Recommended Cannon Trading Starting Capital
$30,000
COST
USD 255 / monthly
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The performance shown above is hypothetical in that the chart represents 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 back adjusted data. Please read full disclaimer HERE.
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  • Trading Levels for Next Week

Daily Levels for August 7th, 2022
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
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Weekly Levels

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  • Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week: www.mrci.com 
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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 herein contained are derived from sources believed to be reliable but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading.

 

Good Trading!
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.

NFP – Non Farm Payrolls Tomorrow – Futures Trading on August 4th

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

NFP, Non Farm payrolls or Unemployment numbers will be released tomorrow at 7:30 AM central. This is currently he biggest report as fed policy depends quite a bit on the labor market.

Be aware of the report, what market is expecting and how the market reacts.

I normally like to be flat 2 minutes before and stay that way for few minutes after until the “smoke clears” but every trader is different.

Source: Bureau of Labor Statistics (latest release) Measures Change in the number of employed people during the previous month, excluding the farming industry;

Usual Effect ‘Actual’ greater than ‘Forecast’ is good for currency;

Frequency Released monthly, usually on the first Friday after the month ends; Next Release Sep 1, 2023

Notes: This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts;

Why Traders Care? Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;

Also Called Non-Farm Payrolls, NFP, Employment Change

 

 

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

08-04-2023

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

 

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Economic Reports, Source: 

Forexfactory.com

 

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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.