Open An Account
Free Demo Account Subscribe Here

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!

Commodity Trading Levels for October 5th 2010

Posted on by Ilan

Not an easy market to read right now in my opinion.

It is showing signs like it would like to visit some lower levels, yet there is enough buying interest to keep it above 1127.

This Friday monthly unemployment levels will be watched closely.
If the market breaks below 1127, it has a chance of picking some more speed to the downside.
On the flip side, bulls will need to see new highs in order to get back in control of price action.
Daily chart with some price levels to watch for your review below:

Commodity Futures Trading Charts
Commodity Futures Trading Charts

Continue reading “Commodity Trading Levels for October 5th 2010”

Monthly Chart of Dow Jones Industrial Average, Oct 1st, 2010

Posted on by Ilan

I wish all of you a great futures trading month in October.

The saying for day-traders in October should be: NO TRADE IS BETTER THAN A BAD TRADE

For your review, monthly chart of the Dow Jones Cash Index below.

Dow Jones Cash Index Chart
Dow Jones Cash Index Chart

Continue reading “Monthly Chart of Dow Jones Industrial Average, Oct 1st, 2010”

Another Chance for a Free Trial for Intraday Signals for Mini SP500 and Euro Currency, September 30th 2010

Posted on by Ilan

I wanted to share some of today’s activity we had in the daily webinar service I hold. The “webinar” is a service I offer, where I share mostly the mini SP chart but also other markets like Euro currency, Crude Oil and Mini Russell.

In the webinar I display my charts, trading indicators, trading algorithm, trade management philosophy, risk management and more.

Some days i also provide live trading examples using my demo, like I did today.

Below you will see a segment from today’s webinar where the DIAMOND algorithm provided us with more than several trade set ups for 2 mini SP points each time.

For free trial and more information, visit: https://www.cannontrading.com/tools/intraday-futures-trading-signals

( NO REPEAT TRIALS )

SP 500 Day Trading
SP 500 Day Trading

Continue reading “Another Chance for a Free Trial for Intraday Signals for Mini SP500 and Euro Currency, September 30th 2010”

Free Trial for Intraday Signals for Mini SP500 and Euro Currency, September 29th 2010

Posted on by Ilan

Our short “trigger” of 1123 basis Dec. SP500 did not materialize and kept us out of a short swing position, so far for a good reason. I will keep watching for what I call price confirmation over the next couple of days.

On a different note, if you like to view my intraday chart of the mini SP 500, euro currency ( as in the screen shot below from today’s session) and sometimes other markets, along with my intraday buy and sell set ups, trading concept, money and trade management please visit: https://www.cannontrading.com/tools/intraday-futures-trading-signals

( NO REPEAT TRIALS )

SP 500 Day Trading
SP 500 Day Trading

Continue reading “Free Trial for Intraday Signals for Mini SP500 and Euro Currency, September 29th 2010”

Price Levels for Futures Trading, September 28th 2010

Posted on by Ilan

Daily chart of Mini SP below. As I mentioned last week, I got a couple of potential “sell signals” and the market only gave us a small decline if that. What is being referred to as “divergence”. Well…I got one more potential for market retracement.

This time the SP will have to drop below 1123 in order for me to enter a short swing position. I call it price conformation. Meaning I would like to see price action confirming my technical speculation. FIB levels on the chart will be used to determine potential targets, stops etc.

Mini SP Future Trading Chart
Mini SP Future Trading Chart

Continue reading “Price Levels for Futures Trading, September 28th 2010”

617.10 is Initial Target for FIB Level for Futures Trading, September 24th 2010

Posted on by Ilan

I got two “false” sell signals before this last one….I think the fact that we went through the first FIB level gives this short swing trade higher chances of being correct with initial target of 617.10.

Since NONE of us have a crystal ball, one always has to calculate the proper stop or risk allocated for the trade and see if it makes sense based on ones account size, risk tolerance etc.

For this specific one, I would conclude that my short trade is wrong if we trade above 660.

SP 500 Day Trading
SP 500 Day Trading

Continue reading “617.10 is Initial Target for FIB Level for Futures Trading, September 24th 2010”

Watch for Price Action the Day After FOMC, September 22nd 2010

Posted on by Ilan

FOMC is behind us. Mixed reaction from the market and many times the real direction will show the next day, so tomorrows price action is important to watch. My indicators suggest that as long as we can hold the 1115 level, we still have a shot at more upside move. However a break below 1115 on mini SP along with continued upside in bond market may suggest temporary top. Time and price will tell.

Continue reading “Watch for Price Action the Day After FOMC, September 22nd 2010”

FOMC to Provide Futures Trading Market with Direction, September 21st, 2010

Posted on by Ilan

FOMC tomorrow around 2:15 Eastern time. Even before that we will start the day with some important housing 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. I am including 5 minutes chart from August 10th of this year, which was the last FOMC we had for your reference. Continue reading “FOMC to Provide Futures Trading Market with Direction, September 21st, 2010”

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.