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Category: futures trading education

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.
1eeafc2f 6c1f 4814 a2a3 5bababe93b10
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.
3b644da2 2bee 4d39 8d98 5208a20bec39
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.

President’s Day Trading Hours 02.17.2023 Trading Levels

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

President’s Day is this Monday. Below you will see a summary of trading hours, click here for full schedule.

P-Day-2023-768x818 image

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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

02-16-2023

#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

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


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.

Reports & Trading levels for 01.04.2023

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

We started out 2023 with a bit better volume across the board and some large moves across different markets.

Still not the volume we saw in the first week of December but as large traders return from holidays the volume will pick up.

We have a busy day tomorrow!

ISM PMI

JOLTS

FOMC Minutes.

If anyone has holidays “hangover” tomorrow should cure that out as I expect some larger moves and higher volatility.

 

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 01-04-2023

#ES_F, #NQ_F, #YM_F, #RTY_F, #XBT_F, #GC_F, #SI-F, #CL-F, #ZB_F, #6E_F, #ZC_F, #ZW_F, #ZS_F, #ZM_F, #NG_F
#ES_F, #NQ_F, #YM_F, #RTY_F, #XBT_F, #GC_F, #SI-F, #CL-F, #ZB_F, #6E_F, #ZC_F, #ZW_F, #ZS_F, #ZM_F, #NG_F

 

 

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.

Merry Christmas, Holiday Trading Schedule + Trading Levels 12.23.2022

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

Heads up traders. The holidays are near at hand and with them, holiday trading hours and holiday trading conditions. This year, Christmas falls on a Sunday and Monday the 26th is the designated holiday. So, when the markets close Friday afternoon – at their regular times – the markets will remain closed Sunday night all the way through to their Monday afternoon/evening openings. Ordinarily, trade volume across all asset classes declines into a holiday and this may be augmented due to the extended closures of the markets. It’s advised to keep an eye on your open positions and open orders coming into the Monday afternoon opening.

Christmas 2022 Trading Schedule

New year’s Trading Schedule

We wish you all a safe and joyous holiday!!

 

From the CME Globex Control Center, executive summary:

 

Fri. Dec. 23 = ALL NORMAL closes

 

Mon. Dec. 26 (day) = CLOSED, all mkts.

 

Mon., Dec. 26 (night) = NORMAL opening and pre-opening for all – EXCEPT grains and livestock remain closed.

 

Tues., Dec. 27 = grains and livestock 8:30 a.m. market re-opening.

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Please contact your broker if you have any questions about your positions. And remember, the next front month for these contracts – March – is already well traded and available.

 

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 12-23-2022

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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.

Triple Witching + Trading levels for 12.16.2022

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

START TRADING MARCH CURRENCY FUTURES AS WELL!

Triple Witching

Heads up traders:

Triple Witching is near. For those of you trading stock index futures – any size S&P 500, Nasdaq, Dow Jones, Russell 2000 – remember that this Friday at 8:30 A.M. Central Time, those contracts’ December futures expire and will no longer be available for trading. If you happen to hang on to any Dec. contracts past that time, they will automatically be offset via the cash settlement price of that contract. For you stock index futures options traders, if you to hang on to any Dec. options, the cash settlement price will determine whether your options are in or out of the money, in which case they will either expire worthless or be instantly exercised/assigned, valued and offset by the cash settlement price. Stock options also expire this Friday, thus the triple witching expression (no supernatural phenomena will appear at this time).

 

Final Settlement Procedures

Quarterly settlement of S&P 500, E-mini S&P 500, S&P MidCap 400, E-mini S&P MidCap 400, S&P 500 Citigroup/Growth and Value and SPCTR Index futures and options on futures are based on a Special Opening Quotation of the relevant underlying index. The Special Opening Quotation for each index is based on the opening price of each component stock in that index on expiration Friday.

Special Opening Quotations (SOQ) generally differ from the opening index value of each index because all stocks do not open immediately. For example, on typical days surveyed by CME Group, most S&P stocks open quickly, with around 95% open within 15 minutes and 98% open within 30 minutes. Other indexes with larger numbers of stocks may take longer to open.

 

Please contact your broker if you have any questions about your positions. And remember, the next front month for these contracts – March – is already well traded and available.

 

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 12-16-2022

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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.

Weekly Newsletter – Silver Outlook, Rollover Notice for Indices + Levels 12.12.22

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1125

 

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

In this issue:
  • Important Notices – Rollover
  • Trading Resource of the Week – Educational Videos
  • Hot Market of the Week – Silver
  • 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 MARCH this Monday when the volume on March is higher than the December.
      Volume in the December contracts will begin to drop off until their expiration next Friday, December 16th (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 December futures contracts through 8:30 A.M., Central Time on Friday, Dec. 16th, they will be offset with the cash settlement price, as set by the exchange.
     Monday, December 19th is Last Trading Day for June currency futures. It is of the utmost importance for currency traders to exit all December futures contracts by Friday, December 16th and to start trading the March futures. Currency futures are DELIVERABLE contracts.
    The month code for March is ‘H.’  Please consider carefully how you place orders when changing over.

    • Trading Resource of the Week

    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!

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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 December 12th

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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

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.