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Category: Futures Exchange

No matter how much time and attention you pay to the details of future trading and futures exchange, sometimes it can get difficult to understand what these things are. Otherwise also known as futures markets, a futures exchange is where people trade future contracts.

This contract is to buy certain specific quantities of a certain commodity and/or a financial instrument. Another thing about the futures exchange is that the contracts traded on it are always standardized. And, there are a number of elements that define the standardization of the contract. There is a list of futures exchanges or futures markets that you must read about before entering the futures exchange.

We at Cannon Trading are there to help you understand and assist in matters related to futures markets. Apart from our expert traders and brokers who can be reached at any time, our online knowledge base helps you get all the information possible on the latest about futures markets in different parts of the world. So, in order to be better informed, read through all the blogs in this category archive.

Futures Hedging: Mitigating Risk in Financial and Commodity Markets

Posted on by Cannon Operations

Learn more about hedging futures with Cannon Trading Company here.

In the volatile world of financial and commodity markets, where price fluctuations can spell success or disaster for individuals and businesses alike, a prudent strategy known as futures hedging emerges as a powerful tool for risk mitigation. Hedging involves the use of financial instruments, such as futures contracts and options, to protect against potential losses stemming from adverse price movements. This proactive approach helps safeguard investments, maintain profitability, and provide stability in an unpredictable environment.

Candidates for Hedging on Futures and Commodity Markets

Various entities can benefit from futures hedging, each with their unique exposure to price volatility. These candidates include:

  1. Commodity Producers and Consumers: Businesses engaged in producing or consuming commodities like crude oil, natural gas, agricultural products, and metals are directly exposed to fluctuations in commodity prices. Producers can hedge against price declines, while consumers can hedge against price increases.
  2. Manufacturers: Companies that rely on raw materials or components, the prices of which are subject to fluctuations, can use futures hedging to stabilize their input costs and secure profit margins.
  3. Investors: Portfolio managers and individual investors can use futures contracts to hedge their equity portfolios against market downturns. Stock index futures allow them to offset potential losses in the stock market.
  4. Importers and Exporters: Businesses involved in international trade can be significantly affected by currency fluctuations. Currency futures can be employed to hedge against exchange rate risk.
  5. Financial Institutions: Banks and financial institutions often use interest rate futures to hedge against changes in interest rates that can impact their lending and borrowing activities.

Hedging Techniques with Futures

The core concept of futures hedging involves taking an offsetting position in the futures market to counterbalance the risk of an existing exposure. A long hedge involves buying futures contracts to protect against a potential price increase, while a short hedge involves selling futures contracts to guard against a potential price decrease. For instance:

Crude Oil Hedgers: Imagine an oil producer concerned about falling crude oil prices. They can enter into a futures contract to sell oil at a predetermined price, effectively locking in the current higher price. If prices fall, the losses in the cash market are offset by gains in the futures market.

Agricultural Hedgers: Farmers concerned about price drops for their crops can take a long position in the futures market. If prices fall, their futures contracts will appreciate in value, counteracting the losses on the actual crop sales.

Stocks Hedging through Futures Indices: Investors who own a diversified stock portfolio can use stock index futures to protect against a market-wide decline. By taking a short position in stock index futures, they can offset potential losses in their equity holdings if the market drops.

Hedging Techniques with Options

Options are another powerful instrument for hedging that provide flexibility beyond the limitations of futures contracts. An option gives the holder the right, but not the obligation, to buy (call option) or sell (put option) an underlying asset at a predetermined price within a specified time frame. Hedging techniques using options include:

Protective Put: An investor holding a stock can buy a put option to limit potential losses. If the stock’s price falls, the put option’s value increases, offsetting the decline in the stock’s value.

Covered Call: Investors owning an asset can sell a call option against it. If the price of the asset remains relatively stable or decreases, the premium from the call option provides a cushion against potential losses.

Markets Typically Hedged in the Futures Markets

A wide range of markets are commonly hedged using futures contracts:

  1. Commodity Markets: As mentioned earlier, commodities such as oil, gas, metals, and agricultural products are prime candidates for futures hedging due to their inherent price volatility.
  2. Financial Markets: Interest rate futures are widely used to manage interest rate risk. Currency futures help mitigate the effects of fluctuating exchange rates.
  3. Equity Markets: Stock index futures and options allow investors and portfolio managers to hedge against downturns in the stock market.

 

The Role of Cannon Trading Company in Hedging

Cannon Trading Company stands out as a reliable partner for individuals and businesses seeking to implement effective hedging strategies. With years of experience in the futures brokerage industry, Cannon Trading Company offers a suite of services and resources tailored to assist hedgers in navigating the complexities of the financial and commodity markets.

TrustPilot Ranking: 4.9 out of 5 Stars

One striking testament to the credibility and competence of Cannon Trading Company is its exceptional TrustPilot ranking of 4.9 out of 5 stars. TrustPilot, a trusted platform for customer reviews, reflects the experiences and opinions of real clients. Such a high rating underscores Cannon Trading Company’s commitment to providing quality service, personalized guidance, and dependable execution to its clients.

This remarkable rating can be attributed to several key factors:

  1. Expertise: Cannon Trading Company boasts a team of experienced professionals with in-depth knowledge of futures markets, hedging strategies, and risk management. Clients benefit from their expert insights and guidance.
  2. Customer-Centric Approach: The company’s focus on understanding clients’ unique needs and tailoring solutions accordingly demonstrates a commitment to personalized service that fosters trust and loyalty.
  3. Technology and Resources: Cannon Trading Company provides cutting-edge trading platforms, real-time market data, and a wealth of educational resources. This empowers clients to make informed decisions and execute hedging strategies effectively.
  4. Transparency: Transparent pricing, timely execution, and clear communication contribute to clients’ confidence in the company’s operations.

Futures hedging stands as a crucial mechanism for mitigating risk in both financial and commodity markets. Whether it’s crude oil producers, agricultural businesses, investors, or financial institutions, various candidates can benefit from hedging strategies tailored to their unique exposures. By utilizing techniques involving futures contracts and options, these candidates can safeguard their interests against the uncertainties of market fluctuations. Cannon Trading Company’s reputation as a trustworthy partner, as evidenced by its exceptional TrustPilot ranking, positions it as a valuable resource for hedgers looking to navigate these markets effectively and with confidence.

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.

Corn Futures: Exploring Trading Opportunities, Growing Regions, and Cannon Trading Commodity Brokers

Posted on by Cannon Operations

Learn more about trading corn futures with Cannon Trading Company here.

Corn, a staple crop with diverse applications, occupies a significant role in global agriculture and commodities markets. Trading corn futures offers participants a chance to navigate price volatility, speculate on future price movements, and engage in risk management. In this comprehensive exploration, we’ll delve into the intricacies of trading corn futures in the United States, examine major corn-growing regions around the world, discuss the impact of different corn-growing seasons, and highlight Cannon Trading Company and its Commodity Brokers as a premier futures trading facilitator. Moreover, we’ll underline Cannon Trading Company’s global reach and its high-rated status on TrustPilot as a catalyst for futures trading and hedging in corn.

Trading Corn Futures in the United States

The United States is a leading player in the corn market, both as a producer and consumer. Corn futures are traded on the Chicago Mercantile Exchange (CME), where participants can speculate on corn prices and manage risk. Corn futures contracts represent a specified quantity of corn and have standardized delivery dates, allowing traders to speculate on future market conditions.

Major Growing Areas of Corn Around the Worl

Corn is cultivated across diverse geographic regions, with each area contributing to global supply and demand dynamics. Major corn-growing regions include:

  1. United States: The U.S. Corn Belt, encompassing states like Iowa, Illinois, and Nebraska, is a primary corn-producing area. The U.S. leads global corn production, and its crop serves as a benchmark for corn prices.
  2. Brazil: Brazil is a key player in global corn production, with the second-largest harvest in the world. Its tropical climate allows for multiple growing seasons.
  3. Argentina: Another South American nation, Argentina, contributes significantly to corn production. Its geographical diversity supports both summer and winter growing seasons.
  4. China: China is a major consumer of corn and is increasingly becoming a significant producer, with regions like Northeast China playing a crucial role.
  5. Ukraine and Russia: These countries in Eastern Europe are emerging as corn producers, capitalizing on fertile lands and favorable climate.

Diverse Corn Growing Seasons

Corn-growing seasons vary globally due to differences in climate and agricultural practices. Two primary types of corn-growing seasons are:

  1. Single Season (Monoculture): In regions like the U.S. Corn Belt, corn is planted in the spring and harvested in the fall, constituting a single growing season.
  2. Multiple Seasons (Biculture): In areas like Brazil, which have a tropical climate, multiple growing seasons are possible. The main crop is planted in the southern hemisphere’s summer and harvested in the autumn, while the “safrinha” (second crop) is planted in the summer and harvested in the winter.

Cannon Trading Company Commodity Brokers: Facilitating Corn Futures Trading

Cannon Trading Company and its team of Commodity Brokers is a recognized industry leader in facilitating futures trading across various commodities, including corn. Established with a commitment to providing traders with superior tools and services, Cannon Trading Company offers access to various futures markets, enabling participants to capitalize on market opportunities, manage risk, and engage in hedging strategies.

One of the noteworthy factors contributing to Cannon Trading Company’s reputation is its exceptional TrustPilot rating. TrustPilot, a platform for customer reviews, reflects real-world experiences shared by traders who have interacted with Cannon Trading Company. Positive reviews often highlight attributes such as comprehensive customer support, user-friendly trading platforms, competitive pricing, and reliable execution. The top-rated status on TrustPilot underscores Cannon Trading Company’s dedication to maintaining high standards and prioritizing client satisfaction.

Global Reach and Catalyst for Corn Futures Trading

Cannon Trading Company’s global reach is instrumental in connecting traders from around the world to various futures markets, including corn futures. With the advancement of technology and electronic trading platforms, geographical barriers are no longer impediments to participation in global markets. Cannon Trading leverages its expertise to provide traders with the necessary tools, market insights, and execution capabilities to navigate the intricacies of corn futures trading, regardless of their location.

Trading corn futures presents an avenue for participants to engage with a fundamental agricultural commodity, manage risk, and capitalize on price movements. The global significance of corn, coupled with its diverse growing seasons, creates a dynamic landscape for traders. Cannon Trading Commodity Brokers stands as a reliable partner in this endeavor, offering comprehensive services and leveraging its top-rated TrustPilot status to empower traders worldwide. As corn continues to play a pivotal role in global agriculture and commodities markets, the opportunities for futures trading and hedging remain as vibrant as the crop itself.

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.

Trading Week Ahead: What You Need to Know if you are Trading Futures

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

The Week ahead: Earnings & NFP (aka job report) ,

by John Thorpe, Senior Broker

 

Earnings and NFP will be the markets focus.

The Earnings tail this week will include SalesForce on Wednesday and Dell, a dividend pick for tech stocks, on Thursday. LuLulemon reports on Thursday.

Friday the Big news will not come from the earnings front It is that time of the month again, time for NFP. Similar to the JOLTs release earlier in the week, watching how NFP comes out could have a strong impact on the market. The last two reports have been revised down in the following weeks and if this one follows suit could provide some sell pressure in the general market. If however, this comes in as a beat, it’s possible the market rallies on a strong jobs report.

Start trading December silver, copper, 30 year bonds and other treasuries!

Plan your trade and trade your plan.

 

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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.

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Futures Trading Levels

08-29-2023

#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.

Trading Futures Options: Strategies, Brokers, and Techniques

Posted on by Cannon Operations

Find out more about trading futures options with Cannon Trading Company here.

In the dynamic landscape of financial markets, trading futures options has emerged as a versatile and sophisticated strategy. This strategy allows traders to harness the potential of both futures contracts and options contracts, creating a hybrid approach that offers unique opportunities for risk management, speculation, and portfolio diversification. In this comprehensive article, we will delve into option trading techniques, the role of the Chicago Board Options Exchange (CBOE), the significance of reputable futures brokers with exceptional execution capabilities, and a detailed analysis of Cannon Trading Futures Brokers and their reviews on TrustPilot.

Option Trading Techniques: A Blend of Flexibility and Leverage

Option trading techniques are a cornerstone of modern financial markets, providing traders with the ability to speculate on price movements, hedge risk, and even generate income. Trading options on futures, often referred to as options on commodities, adds another layer of complexity by combining the characteristics of two distinct financial instruments.

There are several popular option trading techniques employed by traders:

  1. Covered Calls: This strategy involves holding a long position in the underlying futures contract and simultaneously selling a call option. Traders use this technique to generate income from the premium received on the call option while potentially benefiting from limited upside price movement.
  2. Protective Puts: This strategy is designed to hedge against potential downside risk. Traders buy a put option on the underlying futures contract to lock in a minimum selling price, offering protection in case the market moves unfavorably.
  3. Straddle and Strangle: These are volatility-based strategies. A straddle involves buying a call option and a put option with the same strike price and expiration date, while a strangle involves purchasing out-of-the-money call and put options. These strategies are used when traders expect significant price movements but are uncertain about the direction.
  4. Iron Condor: This is a combination of selling an out-of-the-money call spread and an out-of-the-money put spread. It’s a strategy to profit from low volatility and a relatively stable underlying market.

The Role of CBOE: Pioneering Options Trading

The Chicago Board Options Exchange (CBOE) has played a pivotal role in shaping the landscape of options trading. Established in 1973, the CBOE introduced standardized options contracts, making options trading more accessible and transparent. Over the years, the exchange has expanded its offerings to include options on a wide range of assets, including equity indexes, ETFs, and futures contracts.

CBOE’s contributions to the options market include the development of the Black-Scholes options pricing model, which revolutionized the way options were valued. This model takes into account variables such as the underlying asset’s price, time to expiration, volatility, and interest rates to determine an option’s fair value.

Importance of Futures Brokers with Execution Excellence

In the realm of trading futures options, the role of a futures broker cannot be overstated. A reputable futures broker acts as an intermediary between traders and the market, providing access to trading platforms, market data, and execution services. One of the key factors that sets brokers apart is their execution quality.

Efficient and timely execution is crucial in futures options trading, where market conditions can change rapidly. A reliable broker ensures that traders’ orders are executed at the desired price and within the shortest possible time frame. Slippage, the difference between the expected execution price and the actual price at which the trade is executed, can significantly impact trading outcomes. Therefore, choosing a broker with a track record of consistent and accurate executions is paramount.

Exploring Trading Strategies with Cannon Trading Futures Brokers

Cannon Trading Company is a prominent futures broker known for its comprehensive services and commitment to execution excellence. Established in 1988, Cannon Trading Company has earned a reputation for catering to a diverse clientele, including institutional traders, individual investors, and hedgers.

Cannon Trading Company offers a range of trading strategies that align with different risk profiles and market outlooks:

  1. Trend Following: This strategy involves identifying and capitalizing on established market trends. Traders using this approach analyze historical price data to identify patterns and enter positions in the direction of the prevailing trend.
  2. Spread Trading: Spread trading involves simultaneously buying and selling two related futures contracts to profit from price differentials between them. It’s a strategy often used in commodities markets, where price discrepancies between related contracts are common.
  3. Options Selling: Cannon Trading provides options on futures traders the opportunity to engage in selling options to generate premium income. This strategy involves assuming the obligation to buy or sell the underlying futures contract if the option buyer decides to exercise their option.

TrustPilot Reviews and Broker Reputation

TrustPilot serves as a platform where clients can provide feedback and reviews about their experiences with various service providers, including futures brokers. Cannon Trading’s presence on TrustPilot allows traders to gauge the broker’s reputation based on real-world experiences of its clients.

Positive reviews on TrustPilot often highlight aspects such as superior customer service, robust trading platforms, transparency in pricing, and, most importantly, reliable and efficient order execution. These reviews not only provide valuable insights to prospective clients but also reflect the broker’s commitment to maintaining high standards of service.

Trading futures options presents traders with a unique opportunity to combine the advantages of both futures and options contracts. Option trading techniques, such as covered calls, protective puts, and volatility-based strategies, offer flexibility and diverse approaches to trading. The CBOE’s contributions have been instrumental in shaping the options market, and a reputable futures broker’s role in execution excellence cannot be overstated. Cannon Trading Company and its team of Futures Brokers, with their comprehensive strategies and positive TrustPilot reviews, exemplify the significance of a broker’s reputation and execution quality in the realm of futures options trading. As markets continue to evolve, traders will continue to seek ways to harness the potential of trading futures options in their pursuit of financial success.

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: 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!
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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
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.
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 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
Would you like to receive daily support & resistance levels?
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S
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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.

Rest of the Trading Week: What to Watch Out For + Trading Levels for August 3rd 2023

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

Rest of the Trading Week, by Mark O’Brien, Senior Broker

General:

 

The answer is: Germany, Denmark, Netherlands, Sweden, Norway, Switzerland, Luxembourg, Singapore and Australia.

The question is: name the remaining countries whose credit is rated AAA by all three ratings companies – S&P Global, Fitch and Moody’s – after Fitch downgraded the United States’ debt rating from its top-tier AAA, down to AA+.

 

Among the contributing factors leading to the downgrade, Fitch cited, “the expected fiscal deterioration over the next three years, a high and growing general government debt burden, and the erosion of governance . . . that has manifested in repeated debt limit standoffs and last-minute resolutions.”

 

Remember in 2011, even though at that time a debt-limit deal was reached, S&P Global lowered the U.S.’s credit rating from AAA down to AA+ and it has not recovered since.

 

Canada is rated AAA by two of the ratings companies.

 

Stock Indexes:

 

Probably not surprisingly, as of this typing, stock indexes reacted negatively to the ratings news with the E-mini Dow Jones losing more than 300 points, roughly a 2% haircut. The E-mini Nasdaq is off ±325 points, a similar 2% correction.

 

Energy:

 

As the stock market foundered, crude oil felt weak in the knees as well and by mid-session, the September contract had sold off $3.00 per barrel from its Sunday opening. This despite today’s EIA crude oil stocks report showing a 17 million barrel reduction in U.S. crude stocks; the largest drop in inventories since 1982.

 

Grains:

 

After trading within 13 cents of its April 2022 highs last week, November soybeans factored in an expected conga line of wet weather fronts moving broadly over the U.S. Midwest and sold off ±$1.00 down to ±$13.25/bushel, a $5,000 per contract move, the bulk of which comprised just three trading sessions. Estimates for this year’s crop are a virtual wild card given the approach of August, its most critical growing period, so expect volatile price movement throughout.

 

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

08-03-2023

#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.

Trading Levels for July 14th – UoM Consumer Sentiment UoM Inflation Expectations

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

An Introduction To Trading Futures

An introductory guide to trading futures. If you’re a trader who is interested in branching out from equities or cash FX into futures, this guide will provide a great starting point. If you already know something about futures trading, you can jump to any chapter for a review or to the back of the booklet and test your knowledge in our Futures Quiz.

 

Plan your trade and trade your plan.

 

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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

for 07-14-2023

#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.

Level 1 and Level 2 quotes – Trading levels for June 21st

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

 

Fed. Chair, Powell will be testifying in congress tomorrow. Expect volatility during the speech.

Quick video on the difference between TOP of the BOOK ( level 1 ) and Level 2 quotes below

Depth of Market, #DOM, Live Futures Quotes, Futures Trading platform, E-Futures, CME market data subscription, Real time data, Bids, Offers, #CME, #NYMEX, #COMEX, #CBOT

 

Quick video on Projecting possible targets when trading futures below!

Projecting possible targets when trading futures

 

Plan your trade and trade your plan. 

 

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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

for 06-21-2023

#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

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.

Fed Pause Rates, ECB Tomorrow + Levels for June 15th

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

 

Don’t take anything for granted:

By Mark O’Brien, Senior Broker

It’s a big week for financial markets and their related futures contracts with interest rate decisions from three major central banks coming one after another: the U.S. Federal Reserve (which just decided not to raise rates for the first time in eleven months), the European Central Bank and the Central Bank of Japan.

 

The Bank of Canada hiked rates last Wednesday to a 22-year high of 4.75%, having held rates steady since January.  The day prior, Australia’s central bank raised rates by a quarter point to an 11-year high and warned of further tightening ahead.

 

One of the take-aways from last week’s surprise rate increases in Canada and Australia and today’s first-time respite by the Fed.: don’t take anything for granted.

 

Economies around the world are experiencing disparate inflation trajectories compared to others – including the U.S. – and their central bank’s efforts to getting inflation down have started to deviate somewhat.  Financial and other futures markets, ever reacting to uncertainty – often overreacting – may become even more challenging arenas within which to trade.

 

This is pretty clear set-up to submit again the usefulness of trading options – either in combination with your futures trading or exclusive of it.  Trading options offers a near limitless range of risk/reward scenarios to take on, from that on par with straight futures trading to substantially less to absolutely limited.  And because options are valued in part by their ever-decaying lifespans, they offer another component to a trade’s outcome: time value.

 

If you think options aren’t for you, consider one sector’s growth in this area in the last recent years: equity index options.  Options in the E-mini S&P 500 and E-mini Nasdaq continue to see strong growth in participation and volume as market participants are increasingly turning to the them as part of their trading – and talk to your broker at Cannon Trading Co. for more information.

See below the ADV ( avg. daily volume) for NQ and ES

E-mini S&P 500 Options Annual ADV

E-mini Nasdaq-100 Options Annual ADV

Rollover is here for stock indices. i.e., the E-mini and Micro S&P, Nasdaq, Dow Jones and Russell 2000.

  Volume in the June contracts will begin to drop off until their expiration next Friday, June 16th (8:30 A.M., Central Time). At that point, trading in these contracts halts. Stock index futures are CASH SETTLED contracts. If you hold any June futures contracts through 8:30 A.M., Central Time on Friday, June 16th, they will be offset with the cash settlement price, as set by the exchange.

The month code for September is ‘U.’  Please consider carefully how you place orders when changing over.

Watch the video below on how to rollover your market depth and charts!

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Plan your trade and trade your plan. 

 

3b644da2 2bee 4d39 8d98 5208a20bec39

 

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

for 06-15-2023

 

#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

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.

Nasdaq Futures Brokers: Cannon Trading Company, E-Futures.com, and E-mini.com

Posted on by Cannon Operations

Find out more about Nasdaq Futures here.

Nasdaq futures, also known as futures on the Nasdaq index, are an essential tool for investors and traders looking to gain exposure to the performance of the Nasdaq stock exchange. These futures contracts allow market participants to speculate on the future direction of the Nasdaq Composite Index, which comprises primarily technology and growth stocks. In this article, we will delve into the services provided by three prominent Nasdaq futures brokers: Cannon Trading Company, E-Futures.com, and E-mini.com.

  1. Cannon Trading Company: Cannon Trading Company is a well-established futures brokerage firm that has been in operation since 1988. With a solid reputation and extensive experience in the industry, they offer a range of services to cater to the needs of both individual and institutional traders. As an authorized member of the National Futures Association (NFA) and registered with the Commodity Futures Trading Commission (CFTC), Cannon Trading Company ensures a reliable and compliant trading environment for its clients.

    2. The company provides access to Nasdaq futures contracts through various trading platforms, including popular options like CQG, TT, and Rithmic. These platforms offer advanced charting tools, real-time market data, and efficient order execution capabilities. Cannon Trading Company also provides personalized customer support, enabling traders to receive assistance from experienced professionals whenever needed. Additionally, they offer educational resources such as webinars and market analysis to help traders stay informed and make well-informed trading decisions.

  2. E-Futures.com: E-Futures.com is a comprehensive online futures trading platform that caters to a diverse range of traders, including those interested in trading Nasdaq futures. The platform is user-friendly and provides access to a wide array of markets, including stock index futures, commodity futures, and forex futures. E-Futures.com offers direct access to the most liquid markets, ensuring efficient trade execution for its clients.

    3. Traders can access Nasdaq futures through the E-Futures.com trading platform, which provides real-time market data, customizable charts, and advanced order types. The platform is compatible with various devices, including desktops, laptops, and mobile devices, allowing traders to stay connected and monitor their positions on the go. E-Futures.com also offers a demo account for traders to practice and familiarize themselves with the platform before committing real funds.

  3. E-mini.com: E-mini.com specializes in providing traders with access to E-mini futures contracts, including E-mini Nasdaq futures. E-mini futures are smaller-sized contracts that offer cost-effective exposure to the broader market indices. As the Nasdaq futures index is one of the most widely traded stock index futures, E-mini.com offers an attractive option for traders looking to trade this particular market.

The E-mini.com platform is designed to provide traders with a seamless trading experience. It offers real-time market data, advanced charting capabilities, and a range of order types to suit different trading strategies. The platform also provides access to historical data and market analysis tools, allowing traders to perform in-depth technical and fundamental analysis. Additionally, E-mini.com offers competitive commission rates and low account minimums, making it accessible to traders of all levels.

In conclusion, Nasdaq futures brokers such as Cannon Trading Company, E-Futures.com, and E-mini.com play a crucial role in facilitating trading in Nasdaq futures contracts. These brokers provide traders with efficient platforms, access to real-time market data, and valuable educational resources. Whether you are an experienced trader or just starting, it is essential to choose a reliable and reputable broker that aligns with your trading goals and preferences.

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.

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.