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Category: futures trading education

Weekly Newsletter: Price Confirmation Filters out “bad trades”? + Levels for July 31st

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1156

 

Join our private Facebook group for additional insight into trading and the futures markets!

Have a safe Memorial Day Weekend. Trading Schedule HERE

In this issue:

  • Trading Resource of the Week – Filter Noise with Price Confirmation
  • Broker’s Trading System of the Week – ZB Day Trading System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

 

  • Trading Resource of the Week – Entering futures using stop orders as “price confirmation”

By Ilan Levy-Mayer, VP
Watch video below on how you can possibly filter out some of the losing trades by using STOP orders as a way to ENTER trades ( rather than the typical stop loss use).
Entering Futures Using Stop Orders as "Price Confirmation"
Try a FREE demo of the platform used to show the charts in this educational article. The platform is FREE and has charts, news, DOM, T&S, Alerts, advanced order entry, options and MUCH MORE!
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With algorithmic trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker’s choice for this month.
PRODUCT
SYSTEM TYPE
Intraday
Recommended Cannon Trading Starting Capital
$10,000
COST
USD 65 / monthly
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The performance shown above is hypothetical in that the chart represents returns in a model account. The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real‐time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on back adjusted data. Please read full disclaimer HERE.
Sign Up for a Free Personalized Consultation with a Broker from Cannon Trading Company
Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary, confidential consultation with a Cannon Trading Company series 3 broker.

  • Trading Levels for Next Week

Daily Levels for July 31st, 2022
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
Would you like to receive daily support & resistance levels?
Yes
S
No
S

Weekly Levels

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  • Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week: www.mrci.com 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading.

 

Good Trading!
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Trading Levels for July 20th – Range Bar Charts for Day Trading

Posted on by Ilan
Get Real Time updates and more on our private FB group!

Watch the video below for ideas if using VOLUME and/or RANGE bar charts while day trading can help you filter out the noise and get signals FASTER when volume and price action are active?
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Plan your trade and trade your plan.

 

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

Futures Trading Levels

for 07-20-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

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Economic Reports, Source: 

Forexfactory.com

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Trading Competition! Win REAL Cash + Levels for June 28th

Posted on by Ilan
Get Real Time updates and more on our private FB group!

Equity Index Futures Trading Challenge

Sign up for the Cannon Trading via clearing partner StoneX + CME Group Equity Index Futures Trading Challenge for your chance to sizzle the competition this summer – Trade Micro, E-mini, and Standard size contracts on the S&P, NASDAQ, Russell, and Dow Jones in a risk-free environment while competing with fe11ow traders for a cash prize•.

Use the Cannon Futures Trader Simulated Trading Environment and a virtual account of $100,000 to trade CME Group Equity Index futures. Increase your balance as much as possible between July 9th and July 21st for your chance to win!

 

Duration

Start date: July 9th 2023

End date: July 21st 2023

Prizes

1st Place: $1200

2nd Place: $850

3rd Place: $450

Sign up NOW

Plan your trade and trade your plan. 

 

 

 

 

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

Futures Trading Levels

for 06-28-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Economic Reports, Source: 

Forexfactory.com

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Choppy week ahead? Margins Explained + Levels for June 27th

Posted on by Ilan
Get Real Time updates and more on our private FB group!

The Week Ahead:

By John Thorpe, Senior Broker

 

Which economic number(s) can direct the Equity markets this week?

The answer , in advance of the upcoming July 4th week, is probably very few.

Most of the reports releasing this week will probably not shed any new light on what is already known. so far, with the aid of a strong labor market, the US economy is sufficiently resilient to remain out of recession despite the aggressive series of rate hikes begun in March 2022 to fight inflation.

For us traders, it will always remain important to know the TIME these reports are going to be released so you can anticipate the market behaving differently up to, during and following these government report releases. whether they are considered barn burners or not.

With possible statistical chance for range bound and choppy trading, traders may want to look at trading intraday spreads or even swing trading spreads such as Russell versus ES.

All times CDT – Tuesday Durable Goods 7:30 am,

Consumer Confidence and new home sales at 9:00 am,

Wednesday Fed Chair Jerome Powell 8:30 am,

Thursday GDP 3rd look at 1st quarter and Jobless claims, both at 7:30 am.

Friday, personal income and outlays.

Plan your trade and trade your plan. 

 

Day trading Margins?

Overnight Margins?

Initial? Maintenance?

Watch the video below for a brief explanation on all of the above!

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

Futures Trading Levels

for 06-27-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Economic Reports, Source: 

Forexfactory.com

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Flash PMI Tomorrow – Why traders care? + Levels for June 23rd

Posted on by Ilan
Get Real Time updates and more on our private FB group!

Flash PMI tomorrow!

What is it?

Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry;

Why Traders Care? It’s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy;

Derived Via Survey of about 800 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories

Purchasing Managers’ Index (PMI);

More on how to trade during economic reports HERE

 

Quick video on the difference between TOP of the BOOK ( level 1 ) and Level 2 quotes below

Depth of Market, #DOM, Live Futures Quotes, Futures Trading platform, E-Futures, CME market data subscription, Real time data, Bids, Offers, #CME, #NYMEX, #COMEX, #CBOT

 

 

Plan your trade and trade your plan. 

 

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

Futures Trading Levels

for 06-23-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Economic Reports, Source: 

Forexfactory.com

 

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Nasdaq Futures Brokers: Cannon Trading Company, E-Futures.com, and E-mini.com

Posted on by Cannon Operations

Find out more about Nasdaq Futures here.

Nasdaq futures, also known as futures on the Nasdaq index, are an essential tool for investors and traders looking to gain exposure to the performance of the Nasdaq stock exchange. These futures contracts allow market participants to speculate on the future direction of the Nasdaq Composite Index, which comprises primarily technology and growth stocks. In this article, we will delve into the services provided by three prominent Nasdaq futures brokers: Cannon Trading Company, E-Futures.com, and E-mini.com.

  1. Cannon Trading Company: Cannon Trading Company is a well-established futures brokerage firm that has been in operation since 1988. With a solid reputation and extensive experience in the industry, they offer a range of services to cater to the needs of both individual and institutional traders. As an authorized member of the National Futures Association (NFA) and registered with the Commodity Futures Trading Commission (CFTC), Cannon Trading Company ensures a reliable and compliant trading environment for its clients.

    2. The company provides access to Nasdaq futures contracts through various trading platforms, including popular options like CQG, TT, and Rithmic. These platforms offer advanced charting tools, real-time market data, and efficient order execution capabilities. Cannon Trading Company also provides personalized customer support, enabling traders to receive assistance from experienced professionals whenever needed. Additionally, they offer educational resources such as webinars and market analysis to help traders stay informed and make well-informed trading decisions.

  2. E-Futures.com: E-Futures.com is a comprehensive online futures trading platform that caters to a diverse range of traders, including those interested in trading Nasdaq futures. The platform is user-friendly and provides access to a wide array of markets, including stock index futures, commodity futures, and forex futures. E-Futures.com offers direct access to the most liquid markets, ensuring efficient trade execution for its clients.

    3. Traders can access Nasdaq futures through the E-Futures.com trading platform, which provides real-time market data, customizable charts, and advanced order types. The platform is compatible with various devices, including desktops, laptops, and mobile devices, allowing traders to stay connected and monitor their positions on the go. E-Futures.com also offers a demo account for traders to practice and familiarize themselves with the platform before committing real funds.

  3. E-mini.com: E-mini.com specializes in providing traders with access to E-mini futures contracts, including E-mini Nasdaq futures. E-mini futures are smaller-sized contracts that offer cost-effective exposure to the broader market indices. As the Nasdaq futures index is one of the most widely traded stock index futures, E-mini.com offers an attractive option for traders looking to trade this particular market.

The E-mini.com platform is designed to provide traders with a seamless trading experience. It offers real-time market data, advanced charting capabilities, and a range of order types to suit different trading strategies. The platform also provides access to historical data and market analysis tools, allowing traders to perform in-depth technical and fundamental analysis. Additionally, E-mini.com offers competitive commission rates and low account minimums, making it accessible to traders of all levels.

In conclusion, Nasdaq futures brokers such as Cannon Trading Company, E-Futures.com, and E-mini.com play a crucial role in facilitating trading in Nasdaq futures contracts. These brokers provide traders with efficient platforms, access to real-time market data, and valuable educational resources. Whether you are an experienced trader or just starting, it is essential to choose a reliable and reputable broker that aligns with your trading goals and preferences.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey with Cannon Trading Company today.

Disclaimer – Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  Past performance is not indicative of future results. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

How to Trade: A Step-by-Step Guide to Trading S&P 500 Futures with Cannon Trading Company

Posted on by Cannon Operations

Read more about Trading S&P 500 Futures with Cannon Trading Company here.

 

Trading S&P 500 futures with Cannon Trading Company is a straightforward process that involves a few key steps. This guide is a step-by-step breakdown of how to trade S&P 500 futures with Cannon Trading Company. By following these instructions, you will be able to start your S&P 500 futures trading journey. Let’s get started!

Step 1: Open an Account The first step is to open an account with Cannon Trading Company. Visit their website and navigate to the account opening section. Fill out the required information, including personal details, contact information, and any other requested documents. Once you have completed the application, submit it for review.

Step 2: Fund Your Account After your account is approved, you will need to fund it. Cannon Trading Company provides various funding options, such as wire transfers, electronic funds transfers, and check deposits. Choose the method that works best for you and transfer the desired amount to your trading account. Ensure that you comply with any minimum funding requirements specified by Cannon Trading Company.

Step 3: Choose a Trading Platform Cannon Trading Company offers advanced trading platforms to facilitate your S&P 500 futures trading. Explore the available platforms and choose the one that suits your preferences and trading needs. The platforms may include features such as real-time market data, customizable charts, technical analysis tools, and order types. Download and install the selected trading platform onto your computer or access the web-based platform if available.

Step 4: Familiarize Yourself with the Platform Before you start trading, take some time to familiarize yourself with the trading platform. Explore the different features and tools it offers. Learn how to navigate through the platform, access market data, analyze charts, and execute trades. Cannon Trading Company may provide tutorials, user guides, or webinars to assist you in understanding the platform’s functionality. Take advantage of these educational resources to gain confidence in using the trading platform.

Step 5: Conduct Market Analysis Performing market analysis is essential to make informed trading decisions. Analyze the S&P 500 futures market using both fundamental and technical analysis. Fundamental analysis involves assessing economic indicators, corporate earnings reports, and news events that may impact the S&P 500 index. Technical analysis, on the other hand, focuses on analyzing price patterns, trends, and indicators to predict future price movements. Utilize the tools and resources provided by Cannon Trading Company, such as market reports and analysis, to enhance your understanding of the market.

Step 6: Develop a Trading Strategy Based on your market analysis, develop a trading strategy for S&P 500 futures. Determine your trading objectives, risk tolerance, and preferred trading style. Decide on the types of trades you will make, such as day trading, swing trading, or position trading. Define your entry and exit criteria, as well as your risk management rules. A well-defined trading strategy will help you make consistent and disciplined trading decisions.

Step 7: Place a Trade Once you have identified a trading opportunity based on your strategy, it’s time to place a trade. Open the trading platform provided by Cannon Trading Company and log in to your account. Select the S&P 500 futures contract you wish to trade. Specify the quantity (number of contracts) and the order type (market order, limit order, or stop order) based on your trading strategy. Double-check the details of your trade, including the contract specifications and order parameters, before submitting the trade.

Step 8: Monitor and Manage Your Trade After executing your trade, it is important to monitor it closely. Keep an eye on price movements, market conditions, and any news or events that may impact the S&P 500 futures market. Depending on your trading strategy, you may have predefined exit points or profit targets. If the market reaches your predetermined exit point or target, consider closing the trade. Alternatively, you may choose to adjust your stop-loss orders or take partial profits as the trade progresses.

Step 9: Review and Analyze Your Trades Regularly review and analyze your trading performance. Assess the outcomes of your trades, identify strengths and weaknesses in your strategy, and make any necessary adjustments. Learn from both successful and unsuccessful trades to improve your trading skills over time. Cannon Trading Company may provide trade history reports and performance analysis tools to assist you in evaluating your trades.

Step 10: Continuous Learning and Improvement Trading S&P 500 futures is an ongoing learning process. Stay updated with market news, economic releases, and changes in market conditions. Continuously educate yourself through books, articles, webinars, and other educational resources. Engage with the trading community to share insights and learn from experienced traders. Strive for continuous improvement in your trading skills and adapt to the ever-changing dynamics of the S&P 500 futures market.

Trading S&P 500 futures with Cannon Trading Company can be a rewarding endeavor if you approach it with the right mindset, knowledge, and discipline. By following these step-by-step instructions and incorporating sound trading principles, you will be on your way to becoming a successful S&P 500 futures trader. Remember to always trade responsibly and manage your risk effectively.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey with Cannon Trading Company today.

Disclaimer – Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  Past performance is not indicative of future results. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Weekly Newsletter: Copper Outlook, Rollover Notice + Levels for March 13th

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1137

 

Join our private Facebook group for additional insight into trading and the futures markets!

In this issue:

  • Important Notices – Rollover Notice
  • Trading Resource of the Week – How to Rollover using E-Futures
  • Hot Market of the Week – May Copper
  • Broker’s Trading System of the Week
  • Trading Levels for Next Week
  • Trading Reports for Next Week

 

  • Important Notices – Rollover

Rollover is here for stock indices. i.e., the E-mini and Micro S&P, Nasdaq, Dow Jones and Russell 2000.
I personally start trading June this Monday when the volume on June is higher than the March.
  Volume in the March contracts will begin to drop off until their expiration next Friday, March 17th (8:30 A.M., Central Time). At that point, trading in these contracts halts. Stock index futures are CASH SETTLED contracts. If you hold any March futures contracts through 8:30 A.M., Central Time on March 17th, they will be offset with the cash settlement price, as set by the exchange.
 Monday, March 13th is Last Trading Day for March currency futures. It is of the utmost importance for currency traders to exit all March futures contracts by Friday, March 10th and to start trading the June futures. Currency futures are DELIVERABLE contracts.
The month code for June is ‘M.’  Please consider carefully how you place orders when changing over.

 

Get access to variety of videos such as trading techniques, trading platforms, trading psychology and more!
Click on the subscribe and get notified as soon as a new video is published!
Below you will see a unique way to customize your E-Futures DOM!
Custom DOM Layout - E-Futures International
Hot market of the week is provided by QT Market Center, A swiss army knife charting package that’s not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs.
PriceCounts – Not about where we’ve been , but where we might be going next!
May Copper: May copper satisfied its first upside PriceCount objective and developed a sideway consolidation trade. If the chart can resume its rally with new sustained highs, the second count would project a run to the 4.60 area.
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The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at www.qtchartoftheday.com
Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.
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With algorithmic trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker’s choice for this month.
PRODUCT
SYSTEM TYPE
Intraday
Cannon Trading’s Recommended Starting Capital
$25,000
COST
USD 120 / monthly
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The performance shown above is hypothetical in that the chart represents returns in a model account. The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real‐time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on back adjusted data. Please read full disclaimer HERE.
Sign Up for a Free Personalized Consultation with a Broker from Cannon Trading Company
Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary, confidential consultation with a Cannon Trading Company series 3 broker.

  • Trading Levels for Next Week

Daily Levels for March 13th, 2022
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Weekly Levels

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  • Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week:
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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading

Weekly Newsletter: Cattle Outlook, Reduced Micro Bitcoin fees + Levels for March 6th

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1136

 

Join our private Facebook group for additional insight into trading and the futures markets!

In this issue:

  • Important Notices – Trading MICRO Bitcoin/Ether on a Regulated Exchange
  • Trading Resource of the Week – Educational Videos
  • Hot Market of the Week – Live Cattle
  • Brokers’ Trading System of the Week
  • Trading Levels for Next Week
  • Trading Reports for Next Week

 

Trading Updates:

The CME fee schedule effective March 1, 2023 has been added on the CME Group fee page.
Just this last November, the U.S. Justice Department announced that two Estonian citizens were arrested for their alleged involvement in a $575 million cryptocurrency fraud and money laundering conspiracy. That same month, a notable Chinese venture investor, Bo Shen revealed he lost $42 million worth of crypto as a result of a theft from his personal wallet.
Between then and now, the news of the collapse of crypto platform FTX continues to rattle the world of digital assets. To date, FTX’s customers’ funds are still frozen and they are losing hope they will ever get much back. It’s customers number in the millions. The 50 largest creditors alone are owed more than $3 billion dollars.
It makes you wonder about the safety and integrity of trading crypto assets.
Let this be a reminder that the world’s largest futures and options exchange – the CME Group – offers you a choice for managing cryptocurrency risk with Bitcoin and Micro Bitcoin futures and options as well as Ether futures.
These contracts trade on a regulated exchange where all participants see the same prices and quotes. Participants enjoy true market transparency and price discovery. They all can be easily traded on your supported trading platform.
For more information or a professional consultation, or to try a futures trading platform demo, contact Cannon Trading Co.
Updates effective March 1, 2023 are listed below and highlighted on the schedules:
  • CME Alternative Investment Product Fee Schedules
  • (NEW) Note 4 – Effective through August 31, 2023, the Exchange Fees for all Globex, EFP, EFR, Block and BTIC transactions in Micro Bitcoin Futures will be discounted to $0.70 for members and to $1.00 for non-members.
  • (NEW) Note 5 – Effective through August 31, 2023, the Exchange Fees for all Globex, EFP, EFR, Block and BTIC transactions in Micro Ether Futures will be discounted to $0.07 for members and to $0.10 for non-members.
  • CME Other Fees and Discounts
  • Event Contracts – Cash Settlement Fee waiver extended through August 31, 2023

 

Get access to variety of videos such as trading techniques, trading platforms, trading psychology and more!
Click on the subscribe and get notified as soon as a new video is published!
Below you will see a unique way to customize your E-Futures DOM!
Custom DOM Layout - E-Futures International
Hot market of the week is provided by QT Market Center, A swiss army knife charting package that’s not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs.
PriceCounts – Not about where we’ve been , but where we might be going next!
April live cattle satisfied second upside PriceCounts objective last month and has spent time consolidating since. At this point if the charts can resume its rally with new sustained highs, the third count would project a run to the 171.92 area, very close to the old time high print from the fall of 2014.
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The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at www.qtchartoftheday.com
Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.
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With algorithmic trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker’s choice for this month.
PRODUCT
SYSTEM TYPE
Swing
Recommended Cannon Trading Starting Capital
$30,000
COST
USD 65 / monthly
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The performance shown above is hypothetical in that the chart represents returns in a model account. The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real‐time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on back adjusted data. Please read full disclaimer HERE.
Sign Up for a Free Personalized Consultation with a Broker from Cannon Trading Company
Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary, confidential consultation with a Cannon Trading Company series 3 broker.

  • Trading Levels for Next Week

Daily Levels for March 6th, 2022
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Weekly Levels

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  • Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week:
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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading

First Notice & Last Trading Days 03.02.2023 Trading Levels

Posted on by Ilan
Get Real Time updates and more on our private FB group!

 

 

Below are the contracts which are entering First Notice or Last Trading Day for the upcoming month. Be advised, for contracts that are deliverable, it is requested that all LONG positions be exited two days prior to First Notice and ALL positions be exited the day prior to Last Trading Day.

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A Cannon broker will be able to assist, provide feedback and answer any questions.

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

Futures Trading Levels

03-02-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

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Economic Reports, Source: 

Forexfactory.com

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

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.