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Category: Futures Trading

Futures trading is done by two main parties, one of which is the hedger and the other one is the speculator. Where a speculator is there to trade for either their own accounts or that of their clients, a hedger always uses futures as a possible protection from losses. Hedgers can also be described as individuals or business owners who are more risk averse. Speculators and hedgers are likely to benefit from futures trading if the trader has a strong ability to analyze the markets and understands that future behavior. Though futures can behigh risk, they offer an equally high return and are thus very tempting.

In case you are new to futures trading you need to understand how things work. We at Cannon Trading are there to help with your understanding of all the elements of futures trading and also counsel and advise you with the same. Our knowledge base featured on our website, is a store house of information. In order to know every aspect of futures trading, you must read through these articles that have been listed in this category archive. Go through it and get better informed!

Futures Trading Levels, July Stock Options Expire Tomorrow

Posted on by Ilan

Cannon Trading / E-Futures.com

Hourly chart of the mini Dow from today’s session for your review below.

This is my preferred hourly chart template using sierra/ ATcharts along with my proprietary ALGO that I call DIAMONDS.

July Stock options will expire tomorrow on the close and that along with some early morning reports should provide for interesting volatility!

Hourly Chart of the Mini Dow Jones from July 14th 2011

Hourly Chart of the Mini Dow Jones from July 14th 2011

Would you like to have access to my DIAMOND ALGO as shown above and be able to apply for any market and any time frame? The screen shot above is of the Mini Dow from today.

If so, please send me an email with the following information:

  1. Are you currently trading futures?
  2. Charting software you use?
  3. If you use sierra or ATcharts, please let me know the user name so I can enable you.
  4. Markets you currently trading? Continue reading “Futures Trading Levels, July Stock Options Expire Tomorrow”

Futures Trading Levels, Dow Jones Update

Posted on by Ilan

Cannon Trading / E-Futures.com

On Friday I wrote the paragraph below:

Looking at the Mini Dow Jones daily chart below, i will need to see a break below 12528 in order to get more confidence that the trend is starting to reverse and that odds prefer the down side.

Now that we broke this level, the next question is possible targets on the down side as well as protection on the top….

Updated chart for your review below. I am looking at 126.05 as resistance above and 12374 as initial target below:

Daily Chart of the Mini Dow Jones from July 11th 2011

Daily Chart of the Mini Dow Jones from July 11th 2011

Would you like to have access to my DIAMOND ALGO as shown above and be able to apply for any market and any time frame? The screen shot above is of the Mini Dow from today.

If so, please send me an email with the following information:

  1. Are you currently trading futures?
  2. Charting software you use?
  3. If you use sierra or ATcharts, please let me know the user name so I can enable you.
  4. Markets you currently trading? Continue reading “Futures Trading Levels, Dow Jones Update”

Futures Trading Levels, Mini Dow Jones Affected by Bearish Job Data

Posted on by Ilan

Cannon Trading / E-Futures.com

Market sold off on bearish jobs data earlier this morning. We saw a good bounce in the last half of the trading session.

Looking at the Mini Dow Jones daily chart below, I will need to see a break below 12528 in order to get more confidence that the trend is starting to reverse and that odds prefer the down side.

Daily Chart of the Mini Dow Jones from July 8th 2011

Daily Chart of the Mini Dow Jones from July 8th 2011

Would you like to have access to my DIAMOND ALGO as shown aboveand be able to apply for any market and any time frame? The screen shot above is of the Mini Dow from today.

If so, please send me an email with the following information:

  1. Are you currently trading futures?
  2. Charting software you use?
  3. If you use sierra or ATcharts, please let me know the user name so I can enable you.
  4. Markets you currently trading? Continue reading “Futures Trading Levels, Mini Dow Jones Affected by Bearish Job Data”

Futures Trading Levels, Watch for Monthly Unemployment Numbers Tomorrow

Posted on by Ilan

Cannon Trading / E-Futures.com

Would you like to have access to my DIAMOND ALGO as shown below and be able to apply for any market and any time frame? The screen shot below is of the Mini Russell from earlier today.

If so, please send me an email with the following information:

  1. Are you currently trading futures?
  2. Charting software you use?
  3. If you use sierra or ATcharts, please let me know the user name so I can enable you.
  4. Markets you currently trading?

Daily Chart of the Mini Russell from July 7th 2011

Daily Chart of the Mini Russell from July 7th 2011

Monthly Unemployment numbers tomorrow before the cash market open…..

Wild Ride

Continue reading “Futures Trading Levels, Watch for Monthly Unemployment Numbers Tomorrow”

Futures Trading Levels, Lower Volume After Weekend

Posted on by Ilan

Cannon Trading / E-Futures.com

Lower volume to resume trading after the fourth of July long weekend.

Summer season sometimes have different characteristics than other times of the year. Pay attention to reports and trading volume.

Daily chart of the mini Russell for your review below. I think if market can take out 833.00 we may see a deeper correction, otherwise the path of less resistance will continue to be to the upside.

Daily Mini Russell Chart from July 5, 2011

Daily Mini Russell Chart from July 5, 2011 Continue reading “Futures Trading Levels, Lower Volume After Weekend”

Futures Trading Levels, Holiday Trading Hours

Posted on by Ilan

Cannon Trading / E-Futures.com

HAPPY 4TH OF JULY!!

Click for a PDF of the CME Group Holiday Calendar

Independence Day Trading Schedule

Friday, July 1

CME Group (Floor)
Regular Close

NYMEX (Floor)
Regular Close

GLOBEX
3:15 pm Close: Interest Rate, Foreign Exchange, GSCI, Wood Pulp, Crude Palm Oil and Green Exchange products
* All other products regular close

ICE
3:15 pm Close: Financial and Index products
* All other products regular close

EUREX
Regular Close

OneChicago
Regular Close

NYSE
Regular Close

Forex
Regular Close

Sunday, July 3

CME Group (Floor)
ClosedNYMEX (Floor)
Closed

GLOBEX
Regular Open
* Exceptions – Dairy, Crude Palm Oil, Livestock, GSCI, Lumber, Weather, CBOT/KCBT/MGEX Grains, Ethanol, TRAKRS and Dow UBS ER products closed

ICE
Regular Open
* Exceptions – Soft and Open outcry products closed

EUREX
Regular Open
* Exceptions – US, Brazilian, Canadian Equity Derivatives and Hurricane Futures closed

OneChicago
Closed

NYSE
Closed

Forex
Regular Open

Monday, July 4

CME Group (Floor)
ClosedNYMEX (Floor)
Closed

GLOBEX
Closed: Dairy, Crude Palm Oil, Livestock, GSCI, Lumber, Weather, CBOT/KCBT/MGEX Grains, Ethanol, TRAKRS and Dow UBS ER products
10:30 am Close: Equity products
12:00 pm Close: Interest Rate, Financial, Foreign Exchange, Real Estate, and Wood Pulp products
12:15 pm Close: NYMEX/COMEX/DME and Green Exchange products

*Trading Resumes at the times listed below*
5:00 pm Open: Equity, Interest Rate, Foreign Exchange, Dairy, Crude Palm Oil, GSCI, Weather, Real Estate, Wood Pulp, NYMEX/COMEX/DME and Green Exchange products
5:30 pm Open: Financial products
6:00 pm Open: CBOT/KCBT/MGEX Grain and Ethanol products

ICE
Closed: Softs and Open outcry products
10:30 am Close: Index products
12:00 pm Close: Financial products

EUREX
Closed: US, Brazilian, Canadian Equity Derivatives and Hurricane Futures
*No cash payment in USD

OneChicago
Closed

NYSE
Closed

Forex
Regular Close

*All hours listed in Central Time

The above calendar is compiled from sources believed to be reliable. Cannon Trading assumes no responsibility for any errors or omissions. It is meant as an alert to events that may affect trading strategies and is not necessarily complete. The closing times for certain contracts may have been rescheduled.

If you have any questions please contact your broker.

Continue reading “Futures Trading Levels, Holiday Trading Hours”

Futures Trading Levels, July 4th weekend Trading Hours

Posted on by Ilan

Cannon Trading / E-Futures.com

Wishing all of you a great trading month in July and Happy 4th of July weekend!

Daily chart of Mini SP 500 for review below, followed by Holiday hours.

The 1321 to 1323 area may prove to be hard resistance to break. Also last few months I have noticed a rally the last day of the month, followed by a sell off the first or second trading of the month….**

Daily Mini S&P 500 Chart from June 30th, 2011

Daily Mini S&P 500 Chart from Thursday June 30th, 2011

Independence Day Trading Schedule

Friday, July 1

CME Group (Floor)
Regular Close

NYMEX (Floor)
Regular Close

GLOBEX
3:15 pm Close: Interest Rate, Foreign Exchange, GSCI, Wood Pulp, Crude Palm Oil and Green Exchange products
* All other products regular close

ICE
3:15 pm Close: Financial and Index products
* All other products regular close

EUREX
Regular Close

OneChicago
Regular Close

NYSE
Regular Close

Forex
Regular Close

Sunday, July 3

CME Group (Floor)
ClosedNYMEX (Floor)
Closed

GLOBEX
Regular Open
* Exceptions – Dairy, Crude Palm Oil, Livestock, GSCI, Lumber, Weather, CBOT/KCBT/MGEX Grains, Ethanol, TRAKRS and Dow UBS ER products closed

ICE
Regular Open
* Exceptions – Soft and Open outcry products closed

EUREX
Regular Open
* Exceptions – US, Brazilian, Canadian Equity Derivatives and Hurricane Futures closed

OneChicago
Closed

NYSE
Closed

Forex
Regular Open

Monday, July 4

CME Group (Floor)
ClosedNYMEX (Floor)
Closed

GLOBEX
Closed: Dairy, Crude Palm Oil, Livestock, GSCI, Lumber, Weather, CBOT/KCBT/MGEX Grains, Ethanol, TRAKRS and Dow UBS ER products
10:30 am Close: Equity products
12:00 pm Close: Interest Rate, Financial, Foreign Exchange, Real Estate, and Wood Pulp products
12:15 pm Close: NYMEX/COMEX/DME and Green Exchange products

*Trading Resumes at the times listed below*
5:00 pm Open: Equity, Interest Rate, Foreign Exchange, Dairy, Crude Palm Oil, GSCI, Weather, Real Estate, Wood Pulp, NYMEX/COMEX/DME and Green Exchange products
5:30 pm Open: Financial products
6:00 pm Open: CBOT/KCBT/MGEX Grain and Ethanol products

ICE
Closed: Softs and Open outcry products
10:30 am Close: Index products
12:00 pm Close: Financial products

EUREX
Closed: US, Brazilian, Canadian Equity Derivatives and Hurricane Futures
*No cash payment in USD

OneChicago
Closed

NYSE
Closed

Forex
Regular Close

*All hours listed in Central Time

The above calendar is compiled from sources believed to be reliable. Cannon Trading assumes no responsibility for any errors or omissions. It is meant as an alert to events that may affect trading strategies and is not necessarily complete. The closing times for certain contracts may have been rescheduled.

If you have any questions please contact your broker.

Continue reading “Futures Trading Levels, July 4th weekend Trading Hours”

Futures Trading Levels, Independence Day Weekend Trading Schedule

Posted on by Ilan

Cannon Trading / E-Futures.com

Independence Day Trading Schedule

Friday, July 1

CME Group (Floor)
Regular Close

NYMEX (Floor)
Regular Close

GLOBEX
3:15 pm Close: Interest Rate, Foreign Exchange, GSCI, Wood Pulp, Crude Palm Oil and Green Exchange products
* All other products regular close

ICE
3:15 pm Close: Financial and Index products
* All other products regular close

EUREX
Regular Close

OneChicago
Regular Close

NYSE
Regular Close

Forex
Regular Close

Sunday, July 3

CME Group (Floor)
ClosedNYMEX (Floor)
Closed

GLOBEX
Regular Open
* Exceptions – Dairy, Crude Palm Oil, Livestock, GSCI, Lumber, Weather, CBOT/KCBT/MGEX Grains, Ethanol, TRAKRS and Dow UBS ER products closed

ICE
Regular Open
* Exceptions – Soft and Open outcry products closed

EUREX
Regular Open
* Exceptions – US, Brazilian, Canadian Equity Derivatives and Hurricane Futures closed

OneChicago
Closed

NYSE
Closed

Forex
Regular Open

Monday, July 4

CME Group (Floor)
ClosedNYMEX (Floor)
Closed

GLOBEX
Closed: Dairy, Crude Palm Oil, Livestock, GSCI, Lumber, Weather, CBOT/KCBT/MGEX Grains, Ethanol, TRAKRS and Dow UBS ER products
10:30 am Close: Equity products
12:00 pm Close: Interest Rate, Financial, Foreign Exchange, Real Estate, and Wood Pulp products
12:15 pm Close: NYMEX/COMEX/DME and Green Exchange products

*Trading Resumes at the times listed below*
5:00 pm Open: Equity, Interest Rate, Foreign Exchange, Dairy, Crude Palm Oil, GSCI, Weather, Real Estate, Wood Pulp, NYMEX/COMEX/DME and Green Exchange products
5:30 pm Open: Financial products
6:00 pm Open: CBOT/KCBT/MGEX Grain and Ethanol products

ICE
Closed: Softs and Open outcry products
10:30 am Close: Index products
12:00 pm Close: Financial products

EUREX
Closed: US, Brazilian, Canadian Equity Derivatives and Hurricane Futures
*No cash payment in USD

OneChicago
Closed

NYSE
Closed

Forex
Regular Close

*All hours listed in Central Time

The above calendar is compiled from sources believed to be reliable. Cannon Trading assumes no responsibility for any errors or omissions. It is meant as an alert to events that may affect trading strategies and is not necessarily complete. The closing times for certain contracts may have been rescheduled.

If you have any questions please contact your broker.

Continue reading “Futures Trading Levels, Independence Day Weekend Trading Schedule”

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.