December to March Rollover Notice
We are now trading MARCH contracts for all e-minis and stock indices.
Weekly chart of the CASH SP index for your review below:
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!
December to March Rollover Notice
We are now trading MARCH contracts for all e-minis and stock indices.
Weekly chart of the CASH SP index for your review below:
“Motto” for the month: “Plan your trade, trade your plan”
Unemployment came and gone and market pretty much ignored the bearish news….
Few notes from the day-trading webinar I hold every day below.
Trading is SO MUCH MENTAL once you have a concept you believe in, have confidence in. After that there is a lot of psychological work….
Some examples:
If you have not had a free two week trial to the service, feel free to sign up at:
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https://www.cannontrading.com/tools/intraday-futures-trading-signals
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Have a great weekend!! Continue reading “Futures Trading Levels and Economic Reports for December 6th 2010”
“Motto” of the Month: “Plan your trade, trade your plan”
Our Weekly Futures Trading Newsletter is Ready for Your Review:
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https://www.cannontrading.com/community/newsletter/
************************************************************** Continue reading “Futures Trading Levels and Weekly Newsletter for December 2nd 2010”
Hope everyone had a nice Thanksgiving weekend and are ready for trading the rest of the week and upcoming December.
Since I have nothing of importance to share trading wise, I would like to share couple of trading quotes I saw today and liked:
“Continually strive for patience, perseverance, determination, and rational action.”
“Successful traders set profit objectives for each trade they enter.”
You may agree or disagree but thought these two quotes were worth sharing! Continue reading “Futures Trading Levels and Motivational Quotes, November 30th 2010”
Hope everyone had a nice thanksgiving and will enjoy the weekend ahead.
I think we should see a full, busy trading week ahead, so rest and recharge!
Daily chart of Mini NASDAQ 100 for your review below:
Continue reading “Futures Trading Levels and Economic Reports for November 29th 2010”
Happy Thanksgiving to everyone.
Weekly newlstter + holiday trading hours at:
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https://www.cannontrading.com/community/newsletter/
************************************************************** Continue reading “Weekly Futures Trading Newsletter and Trading Levels, November 25th 2010”
Busy day ahead tomorrow with significant reports through out the day. Markets are closed Thursday in observance of Thanksgiving and then open half day on Friday.
Overnight news from N Korea and Europe definitely had much bigger on the markets than any technical chart formations…but “looking forward” we sometimes have to look back in trying to project price action.
Levels for your review on the daily mini SP 500 chart below. 1151 is first major support in case declines continues.
Continue reading “Futures Trading Levels and Markets Schedule for November 24th 2010”
Busy day ahead tomorrow with significant reports through out the day and ahead of short trading week due to Thanksgiving holiday.
Mini SP 500 hourly chart with levels for your review below:

Continue reading “Futures Trading Levels and Economic Data for November 23rd 2010”
As we asked many times before….is this bounce just a correction from the short term sell off we had over the last few days OR was the sell off of the last few days just a correction from the recent rally of last few weeks???
I wish I could tell you, but what I can share is that in situation like this one, it is wise to wait for market reaction, price behavior around key areas of support and resistance and perhaps look at a few time frames, i.e. look at 15 minute chart, an hourly chart and a daily chart…
Below you will see the hourly Mini SP chart and below that the mini SP Daily chart for your review along with key levels.
Mini SP 500 hourly chart:

Mini SP 500 Daily chart:
Continue reading “Recent Rally of Futures Trading Causes Short Term Sell Off, November 19th, 2010”
Weekly newsletter for your review posted at:
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https://www.cannontrading.com/community/newsletter/
*************************************************************** Continue reading “Weekly Newsletter and Futures Trading Levels for November 18th 2010”