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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 & Economic Reports for 06-07

Posted on by Ilan

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday June 7, 2012

Hello Traders,

Not much to say today…just like sometimes as a day-trader you may not have the set ups you need and when that happens, as hard as it may get, you simply need to stay patient and not take trades simply because you feel you are not doing your job etc…

So stay patient, stay disciplined, plan your trade and trade your plan.

Continue reading “Futures Trading Levels & Economic Reports for 06-07”

Friday Morning Support and Resistance Numbers

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (June) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 13991391

 

1386.75

 

1376

 

1369.5

 

1361

 27162707.25

 

2697.5

 

2673.75

 

2666

 

2649

 1328413252

 

13203

 

13088

 

13041

 

12966

 818.2811.5

 

807.8

 

798.70

 

791.2

 

787.1

 1432614320

 

14307

 

14221

 

14212

 

14202

 13223.513217 (all time high)

13213.5

 

13206

 

13131.5

 

13127.5

Continue reading “Friday Morning Support and Resistance Numbers”

Monday Morning Support and Resistance Levels

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (June) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3 ——————————————

Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1414.251408.75

 

1403

 

1390.75

 

1384.25

 

1378.5

 27922763

 

2746

 

2715

 

2699

 

2686

 1332513245

 

13211

 

13104

 

13048

 

12998

 839.2831.5

 

827.2

 

815.8

 

809.8

 

804.5

 1432614316

 

14304

 

14211

 

14201

 

14103

 13217 (all time high)13214

13211

 

13200

 

13127.5

 

13122.5

Continue reading “Monday Morning Support and Resistance Levels”

Friday Morning Support and Resistance Numbers

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (June) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1414.251408.75

 

1401.5

 

1390.75

 

1384.25

 

1378.5

 27922763

 

2742

 

2708

 

2693

 

2680

 1318913070

 

13017

 

13093

 

13038

 

12990

 823.7815.30

 

814.70

 

810.4

 

805.3

 

800.80

 1432614316

 

14304

 

14211

 

14201

 

14103

 13217 (all time high)13210.5

13205.5

 

13200

 

13127.5

 

13122.5

Continue reading “Friday Morning Support and Resistance Numbers”

Monday Morning Support and Resistance Numbers

Posted on by Ilan

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3—————————————— Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1373.51369.5

 

1363.5

 

1353

 

1350.5

 

1347.5

 2622.52609.5

 

2602

 

2584

 

2576

 

2568

 1302413969

 

12941

 

12895

 

12859

 

12826

 835.80832

 

825.6

 

817.5

 

812.4

 

806.5

 1443014408

 

14327

 

14304

 

14224

 

14213

 13203.513126

 

13124.5

 

13111.5

 

13106

 

13101

Continue reading “Monday Morning Support and Resistance Numbers”

Friday Morning Support and Resistance Numbers

Posted on by Ilan

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3—————————————— Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1381.751373.5

 

1369.5

 

1361.5

 

1357.25

 

1350.5

 26332622.5

 

2609

 

2594

 

2584

 

2570

 1315313101

 

13024

 

12955

 

12918

 

12859

 841.20835.8

 

832

 

824.5

 

819.9

 

812.4

 1432714311

 

14229

 

14205

 

14130

 

14123

 1311913111.5

 

13109.5

 

13102

 

13030

 

13023.5

Continue reading “Friday Morning Support and Resistance Numbers”

Chart from Webinar | Support and Resistance Levels

Posted on by Ilan

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for February 23, 2012

Hello Traders,

From today’s webinar, screen shot for your review:

Market Commentary Continue reading “Chart from Webinar | Support and Resistance Levels”

Thursday Morning Support and Resistance

Posted on by Ilan

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1373.51369.5

 

1363.25

 

1353

 

1351.75

 

1347.5

 2622.52611

 

2602

 

2575

 

2560

 

2543

 1315313101

 

13024

 

12891

 

12864

 

12700

 835.80827.6

 

822.5

 

814.3

 

810.2

 

806.5

 1422414213

 

14202

 

14117

 

14031

 

14023

 13111.513107.5

 

13029

 

13021

 

13012

 

13007.5

Continue reading “Thursday Morning Support and Resistance”

Wednesday Morning Support and Resistance

Posted on by Ilan

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3—————————————— Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1381.51373.5

 

1369.5

 

1355.75

 

1351.75

 

1347.5

 2622.52611

 

2602

 

2585

 

2576

 

2560

 1315313101

 

13024

 

12944

 

12901

 

12864

 835.80829

 

824.8

 

821.1

 

817.6

 

806.5

 1421314202

 

14122

 

14031

 

14023

 

13924

 13107.513029

 

13023

 

13012

 

13007.5

 

12926

Continue reading “Wednesday Morning Support and Resistance”

WEEKLY chart of Mini SP 500 | Support and Resistance Levels

Posted on by Ilan

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for February 22, 2012

1. Market Commentary

Hello Traders,
We came back fro President’s Day long weekend to find crude up over $2.00.
Gold followed on the same uncertainties and finished up $35
Our stock market on the other hand, finished unchanged on another less than avg. volume.
WEEKLY chart of mini SP 500 for your review below. We are trading against the high from last May and it will be interesting to see what type of price action and volume we will see here.

Market Commentary Continue reading “WEEKLY chart of Mini SP 500 | Support and Resistance Levels”

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.