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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, Trading Psychology

Posted on by Ilan

Cannon Trading / E-Futures.com

Below is a daily chart of the mini SP 500 for your review.

Daily E-Mini S&P 500 futures trading chart screenshot from today March 22th 2011

Stock futures trading chart levels Tuesday March 22th 2011

Also few “Mental pointers” as refreshers. These pointers are taken from a 23 page guide I recently finished which serves as a guide to the daily chart service I offer:

Quick Pointers on the Vast Subject of Trading Psychology
Trading is SO MUCH MENTAL, once you have a concept you believe in, have confidence in it. After that there is a lot of psychological work….

Some examples:

  1. Ability to take losses and know not every trade will be a winner and not every day will be a winner
  2. Ability to stay patient and NOT feel that if you are NOT trading, you are NOT doing your job….
  3. The confidence to stay in winning trades and the discipline to get out of losing trades
  4. Allowing trades some time to work
  5. Not getting down on yourself for “could have should have etc”

Being a hard worker and keeping a journal after certain trading days can only be beneficial for yourself. Being a hard worker, putting in the time and effort to learn new approaches and set ups before deciding if it’s worthy or not.

To get this 23 page guide along with a free trial to my daily chart service where I share set ups for mini SP500, Crude oil and Euro currency please visit our website. Continue reading “Futures Trading Levels, Trading Psychology”

Futures Trading Levels, Geo-Political Events and Your Trading Mind Frame

Posted on by Ilan

Cannon Trading / E-Futures.com

Big overnight moves as political and other events around the world are moving the markets.

Regardless of Geo-Political events, always keep in mind the time frame YOU are trading, the set ups you like, your trading style and matching money management etc.

STAY DISCIPLINED at all times, don’t let the market put you to sleep and know when your personal environment is distracting you from trading and be disciplined enough NOT to trade when this happens.

Below is a daily chart of the mini SP 500 for your review. Continue reading “Futures Trading Levels, Geo-Political Events and Your Trading Mind Frame”

Futures Trading Levels, Mini SP500 Chart and No Economic Reports

Posted on by Ilan

Cannon Trading / E-Futures.com

Hourly chart of mini SP500 for your review below.

As we head into tomorrows session I will be watching to see how price action behaves around 1274.50 and/ 1261.50 depending where we will visit first maybe even during the overnight session.

I will be watching for strength/weakness, follow through and momentum in order to decide on which way to approach this market on Friday. Continue reading “Futures Trading Levels, Mini SP500 Chart and No Economic Reports”

Futures Trading Levels, Weekly Newsletter Reviews Chart Patterns

Posted on by Ilan

Cannon Trading / E-Futures.com

We published our weekly newsletter with examples of different CHART PATTERNS for your review at:

https://www.cannontrading.com/community/newsletter/
Continue reading “Futures Trading Levels, Weekly Newsletter Reviews Chart Patterns”

Futures Trading Levels, Now Trading June Indices, E-Minis and Currencies

Posted on by Ilan

Cannon Trading / E-Futures.com

We are NOW TRADING JUNE FOR INDICES< EMINIS and CURRENCIES!!!

Daily chart of ES below. Todays sell off stopped almost exactly on the 50% retracment level from lows from Nov. 16th 2010 to the highs we made Feb 21st this year

Daily E-Mini S&P 500 futures trading chart screenshot from today March 15th 2011

Stock futures trading chart levels Tuesday March 15th 2011 Continue reading “Futures Trading Levels, Now Trading June Indices, E-Minis and Currencies”

Futures Trading Levels, March FOMC Statement

Posted on by Ilan

Cannon Trading / E-Futures.com

We are NOW TRADING JUNE FOR INDICES< EMINIS and CURRENCIES!!!

Heads up to international traders – this Sunday US changed clocks to daylight savings time.

FOMC tomorrow and before that more than a few economic numbers.

FOMC days have different characteristics than other trading days. If you have traded for a while, check your trading notes from past FOMC days that may help you prepare for tomorrow.

If you are a newcomer, take a more conservative approach and make sure you understand that the news can really move the market.

My observations suggest choppy, low volume up until announcement, followed by some some sharp volatile moves right during and after the announcement. However, with tomorrow early morning reports, we may see more volatility duirng first couple of hours as well. Continue reading “Futures Trading Levels, March FOMC Statement”

Futures Trading Levels, Rollover and Daylight Savings

Posted on by Ilan

Cannon Trading / E-Futures.com

We are NOW TRADING JUNE FOR INDICES< EMINIS and CURRENCIES!!!

Heads up to international traders – this Sunday at 2:00am the U.S. is changing to daylight savings time. Continue reading “Futures Trading Levels, Rollover and Daylight Savings”

Futures Trading Levels, March Contracts Rollover

Posted on by Ilan

Cannon Trading / E-Futures.com

We are NOW TRADING JUNE FOR INDICES< EMINIS and CURRENCIES!!!

Please note that Equity Indices products; TF, ES, NQ, EMD and YM roll on Thursday the 10th at 8:30 am Chicago time from the March 2011 contract to the June 2011 contract. The month code for June is ‘M1’.

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

Please close any open March Currencies positions by the close on Friday the 11th.

Continue reading “Futures Trading Levels, March Contracts Rollover”

Futures Trading Levels, March to June Rollover Notice

Posted on by Ilan

Cannon Trading / E-Futures.com

Please note that Equity Indices products; TF, ES, NQ, EMD and YM roll on Thursday the 10th at 8:30 am Chicago time from the March 2011 contract to the June 2011 contract. The month code for June is ‘M1’.

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

Please close any open March Currencies positions by the close on Friday the 11th.

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

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.