7 things to know before trading Wheat Futures 4.19.2018

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Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

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Author: Joseph Easton, Senior Broker at Cannon Trading

Dear Traders,

  1. The Basics:

There are two types of Wheat most commonly traded…

“Chicago Soft Red Winter (SRW) and KC Hard Red Winter (HRW) are the global industry standards for wheat. Chicago SRW Wheat is the most liquid Wheat futures contract in the world, trading the equivalent of more than 15 million tons each day in 2013-9 ½ times more than the largest European contract. Producers, processors, millers and exporters continue to look to Chicago SRW and KC HRW Wheat for the liquidity that is critical for any risk management solution.

Liquidity means that you can execute positions quickly, effectively and efficiently. Liquidity offers more flexibility in structuring hedging strategies to meet your timing and market needs. And when the world is facing new challenges in Wheat risk management, liquidity provides the security you need in order to respond with confidence” – CME Group

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Continue reading “7 things to know before trading Wheat Futures 4.19.2018”

What will the Markets do Tomorrow? Levels for 4.17.2018

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Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

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Dear Traders,

If you as a trader would like to chat and exchange ideas with one of our series 3 executives, please feel free to schedule a time for one on one “consultation”. Regardless if you are a client or not, trading can sometimes be a lonely adventure. Our brokers may be able to provide you insight from years of experience, observing other clients, assisting clients with trading and much more! I myself, have picked up many “little ins and outs” by talking to my colleagues, other professionals, webinars and more.

This is a free, no obligation invitation:

https://www.cannontrading.com/services/traders-profile

Continue reading “What will the Markets do Tomorrow? Levels for 4.17.2018”

Trading Signals Free Trial & Futures Trading Levels 4.13.2018

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Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

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Dear Traders,

Below you will see my chart along with my turning points signals.

This is 10 range bar chart for the mini SP chart which also displays my proprietary ALGOS.

10 range bar chart for the mini SP chart which also displays my proprietary ALGOS

These ALGOS along with a 15 minutes one on one session is available for a free trial.

To sign up and more info visit: https://www.cannontrading.com/tools/intraday-futures-trading-signals

Continue reading “Trading Signals Free Trial & Futures Trading Levels 4.13.2018”

Futures Trading Guide – Levels & Reports for April 11th 2018

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Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

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Dear Traders,

Read our guide which outlines some important futures day trading concepts. It may be beneficial to read this guide before trading commodities on the futures market.

My name is Ilan Levy-Mayer and I am the Vice President and Senior Futures Broker at Cannon Trading.  

I came up with the following personal observations after serving online traders worldwide for more than 20 years.

The following steps are guides to progress, and are not necessarily in sequential order. Some of them are always required, but each futures trader is different and will relate to these stages in their own ways. While attempting to learn and progress, one must keep in mind that futures trading is risky and can involve significant losses.

  1. Education

Hopefully if you are already trading you have completed your initial education: contract specs, trading hours, futures brokers, platforms, the opportunities as well as the risk and need to use risk capital in futures, and so on. Understanding this information is essential to futures commodities trading. The second type of education is ongoing: learning about trading techniques, the evolution of futures markets, different trading tools, and more.

Continue reading “Futures Trading Guide – Levels & Reports for April 11th 2018”

Futures Trading Levels & Economic Reports for April 10th 2018

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Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

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Dear Traders,

Intra-day as well as day to day volatility continues to be extremely high.

I hate sounding like a broken record but one must adjust their trading, money management and more to be able to survive in this high volatility period.

Review your trading, do some homework every day. be honest with yourself and adjust where you need to adjust.

Make sure you are trading the right size?

working with stops?

Reviewing your settings for targets and stops?

Keeping a journal?

Trading is not easy and if you don’t put the time and effort to try and be better the bottom line in your account will reflect this.

30 Minute chart of the NQ for your review below…..I marked the dollar value against you if you were wrong from high to low to make a point of the HUGE volatility. Over $3,000 per ONE contract…..

ENQ - E-mini NASDAQ-100, Equalized Active 30 Min Continuation Chart

Continue reading “Futures Trading Levels & Economic Reports for April 10th 2018”

Daily Mini NASDAQ 100 Chart for Your Review 4.04.2018

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Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

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Make sure you adjust your trading to the increased volatility!! 

Don’t risk your WHOLE account on one trading day…..approach trading with more of money management/ risk control attitude!! 

We have added some new videos for your review at: 

https://www.cannontrading.com/video_center/

A look at the mini NASDAQ 100 daily chart. The ranges and volatility in the NQ have been the most dominant in my opinion.

Mini NASDAQ 100 equalized active daily continuation chart

Make April a Great Trading Month by BEING DISCIPLINED 4.03.2018

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Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

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Fed Unwinding of QE and What It Means for U.S. Bonds

By Blu Putnam, Chief Economist, CME Group

Video Highlights

  • Fed’s unwinding of QE has helped to raise U.S. Treasury yields
  •  U.S. Treasuries considered high-yielding compared to Japan, EU
  • Japan, Germany bond yields to rise when they end quantitative easing

WATCH VIDEO

Continue reading “Make April a Great Trading Month by BEING DISCIPLINED 4.03.2018”

Quadruple Witching 3.16.2018

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Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

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March madness in futures + Quadruple Witching….

Futures, futures options, stock options and single stocks all expire tomorrow morning right on the open of the stock market.

Keep in mind that March mini SP and it’s relatives (mini Dow, mini Nasdaq etc.) EXPIRE tomorrow and cash settle based on special settlement price….Markets can get volatile tomorrow morning right before and around the open.

The March contract will simply cease to trade. If you have not switched to June yet, now is the time…..

Continue reading “Quadruple Witching 3.16.2018”

Educational Videos 3.14.2018

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Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

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Rollover Notice 

We are now trading June indices as well as June financials.

  • ESM8
  • NQM8
  • RTYM8
  • YMM8
  • ZBM8 ( bonds)

Currencies will rollover to June starting this week, monitor volume and I like to trade the month with the highest volume BUT regardless by Friday I will start trading June currencies.

Educational Videos

by: Cannon Trading Brokers

Cannon Trading is happy to share with you a few videos focusing on trading techniques, ideas and tools you can add to your trading arsenal. In this week’s newsletter we are sharing the following 3 videos, about 5 minutes each, ready for immediate viewing on the following topics:

  1. Identifying Support And Resistance Using A Line Chart.
  2. Finding Levels of Support Resistance
  3. Day Trading crude oil futures using fear and greed….

Watch Videos

Continue reading “Educational Videos 3.14.2018”

VOLATILITY Requires Adjustment in Your Trading Tactics 3.06.2018

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Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

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Heads up:

Wishing everyone a GREAT trading month in March!

Volatility is here. In my opinion, traders need to adjust their trading tactics accordingly.  We will be happy to help, chat trading and more if interested.

Plan your trade, trade your plan!!

Continue reading “VOLATILITY Requires Adjustment in Your Trading Tactics 3.06.2018”