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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, Diamond Algorithm by Ilan Levy-Mayer

Posted on by Ilan

Cannon Trading / E-Futures.com

I mentioned yesterday that 1266 can act as pivot level. Turns out it did, market was oversold and we got a buy signal after the close yesterday which hit the first target very quickly ( today….). Next target on the way up is 1300. Support below will be 1266 , , 1259.50 followed by 1235.

Daily chart of the mini SP500 along with potential levels below and above for you review below.

If you like to have a FREE TRIAL to my DIAMOND ALGORITHM using sierra charts, please send me an email with name, tel number and markets you trade.

This ALGO tries to identify turning points in the market and can be applied to variety of markets and time frames. Continue reading “Futures Trading Levels, Diamond Algorithm by Ilan Levy-Mayer”

Futures Trading Levels, We Now Trade September Indeces and Currencies

Posted on by Ilan

Cannon Trading / E-Futures.com

June To September Rollover Notice

Please note that we are now trading September indices as well as September currencies.

Make sure you DO NOT HOLD ANY JUNE CURRENCIES in your account.

Should you have any further questions please contact your futures broker.

Daily chart of the DOW JONES CASH INDEX for your review below.

We have been trading lower on good volume and for now the trend points lower. Wishing you a great weekend and good trading week to come. Continue reading “Futures Trading Levels, We Now Trade September Indeces and Currencies”

Futures Trading Levels, Watch for the Federal Budget Balance Tomorrow

Posted on by Ilan

Cannon Trading / E-Futures.com

June To September Rollover Notice

Please note that we are now trading September indices as well as September currencies.

Make sure you DO NOT HOLD ANY JUNE CURRENCIES in your account.

Should you have any further questions please contact your futures broker. Continue reading “Futures Trading Levels, Watch for the Federal Budget Balance Tomorrow”

Futures Trading Levels, June to September Rollover is Tomorrow

Posted on by Ilan

Cannon Trading / E-Futures.com

June To September Rollover Notice

Please note that Equity Indices products; TF, ES, NQ, EMD and YM roll on Thursday the 9th at 8:30 am Chicago time from the June 2011 contract to the September 2011 contract. The month code for September is ‘U’.

It is recommended that all new positions be placed in the September contract as of Thursday’s trade date.

Please close any open June Currencies positions by the close on Friday, June 10th.

Should you have any further questions please contact your futures broker. Continue reading “Futures Trading Levels, June to September Rollover is Tomorrow”

Futures Trading Levels, OPEC Meets Tomorrow

Posted on by Ilan

Cannon Trading / E-Futures.com

Daily chart of the Mini Sp 500 along with possible support and resistance levels for your review below.

My technical opinion is that we should visit 1272.50 soon.

OPEC MEETING TOMORROW

Daily mini S&P trading chart screenshot from today June 7th, 2011

Stock futures trading chart levels for Tuesday June 7th, 2011 Continue reading “Futures Trading Levels, OPEC Meets Tomorrow”

Futures Trading Levels, Crude Oil as a Leader of Commodity Prices

Posted on by Ilan

Cannon Trading / E-Futures.com

Crude Oil has been moving the rest of the commodities sector the last few months and has influence on all futures.

Thought I would share a daily chart for review, along with a screen shot of the crude oil set ups I share in my daily live day-trade signals service.

As far as longer term direction for crude, I will need to see which level we can break out first, 104.91 on the upside or 94.54 on the downside. In between, you have wide 410 trading range ( equal to $10,000 per one contract against you or in your favor….)

Daily mini S&P trading chart screenshot from today June 6th, 2011

Stock futures trading chart levels for Monday June 6th, 2011

Intra-day trading chart screenshot from today June 6th, 2011

Intra-day chart: (blue diamond = potential buy, red diamond = potential sell)

Stock futures trading chart levels for Monday June 6th, 2011 Continue reading “Futures Trading Levels, Crude Oil as a Leader of Commodity Prices”

Futures Trading Levels, Treasury Secretary Tim Geithner Speaks on Monday

Posted on by Ilan

Cannon Trading / E-Futures.com

Wishing everyone a nice weekend.

Below is a daily chart of the mini SP 500.

We had good volume over last few days and the key level to watch early next week is 1290- 1292.

If you like to view my INTRADAY charts live with my trading signals for mini SP 500, Euro Currency and Crude Oil, sign up at:

Cannon Trading Company Futures Trading Webinar.

Daily mini S&P trading chart screenshot from today June 3rd, 2011

Stock futures trading chart levels for Friday June 3rd, 2011 Continue reading “Futures Trading Levels, Treasury Secretary Tim Geithner Speaks on Monday”

Futures Trading Levels, Possible S&P Mini June Volatility

Posted on by Ilan

Cannon Trading / E-Futures.com

June started out with a strong sell off, higher volatility and higher volume than we have seen in a while….if the first day is any sign, then we are in for a volatile month!

Below is a daily chart of Mini Russell 2000 for your review.

Daily Mini Russell 2000 trading chart screenshot from today June 1st, 2011

Stock futures trading chart levels for Wednesday June 1st, 2011

Also a good article I wrote a few years back entitled “Survival Day Trading” is available at the Cannon Trading Futures Trading Newsletter. Continue reading “Futures Trading Levels, Possible S&P Mini June Volatility”

Futures Trading Levels, Change of Month and Change of Contracts

Posted on by Ilan

Cannon Trading / E-Futures.com

Wishing everyone a great trading month in June!

Please keep in mind that we are now trading SEPTEMBER BONDS, SEPT. TEN YEARS and other financials.

Also we are now trading AUGUST GOLD.

We will be rolling currencies and indices next Thursday, June the 9th. if you have any questions, please contact your broker. Continue reading “Futures Trading Levels, Change of Month and Change of Contracts”

Futures Trading Levels, We Invite You to Try Our Live Charts Service

Posted on by Ilan

Cannon Trading / E-Futures.com

Wishing all of you a nice, long Memorial Day Weekend! See you Tuesday.

Holiday Hours

or visit the CME group website.

Your GPS to the Futures Market

We invite you to a free two week trial of our Real-Time Day Trading Signal Service, a streaming visual of trading signals overlaid on live charts of three key markets: the E-Mini S&P 500, Crude Oil, and the Euro.

1.) Live charts with trading signals

2.) Trade management commentary by Ilan Levy-Mayer, Vice President of Cannon Trading and President / AP of LEVEX Capital Management Inc., a registered commodity trading advisor, who explains his response to the trade signals during periods of high market volatility. Continue reading “Futures Trading Levels, We Invite You to Try Our Live Charts Service”

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.