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Category: futures trading education

FREE ONLINE COURSE: Trading Key Economic Reports & Support and Resistance Levels

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

FREE ONLINE COURSE: Trading Key Economic Reports

Every trader has done it. You’ve done it, your friends have done it, even your broker has done it at one point early in their career.
Here’s the scenario:
You’ve finally finished your futures education at Cannon Trading Company. You’ve done you’re homework on stops, limits, indicators and price movements for the market you’re trading. You’re ready to go, you enter your limit order and you wait.
**DING**
You get filled. Your heart rate picks up, a wry smile crosses your face and you begin to imagine the possibilities of the one trade you’re in: How much can I make? How much can I lose before it’s too much? You’ve waited through months of technical trading and deep meditation to get here, and now it’s finally paying off with one of your first trades in the live market. Sayonara paper trading; aloha live futures.
Then, all of a sudden, the top of the hour hits and the market starts acting up. It’s getting more volatile and more volatile; it’s picking up speed and taking an unforgiving turn against you. You can’t think straight, all you can think about is your losing position that could get worse and worse as the seconds go by. You race to put in a stop order, but you finally have to settle for a market order just to stop the bleeding. You stare.
**DING**
You’re out of the market. What the hell just happened? You stare at the screen; did your indicators lie to you? Is your system faulty? Did you not listen to your broker? Well, probably not. But you’re down several handles, you’ve lost some money and your pride is aching.
What the hell happened was CPI report you were not aware of or did not know what it means…..
As a trader, you will come across many factors that you must consider before entering or exiting the markets. Some of the most important aspects to look for are economic events that can move the markets drastically one way or another.
There are many types of economic events including releases by a governing body, changes in sales or consumption of commodities, and increases in supply and demand. All of these can affect the markets you trade, making it important for you to know how and when these changes are happening.

Are you using Sierra charts and looking to implement their Teton order routing?

If so, look no further, Cannon can assist you in getting set up!

The Teton Futures Order Routing service is a high-quality order routing service with advanced risk management from Sierra Chart to provide order routing, for outright futures and spreads, direct to the major exchanges. There is no other intermediary provider.
Orders are routed direct to the exchange with high reliability and very low latency, in under 500 microseconds.
Market data is provided by the Sierra Chart Denali Exchange Data Feed.
Supported exchanges are CME, CBOT, NYMEX, COMEX, FairX.
This service is offered at no cost to both clearing firms and to users. It has no transaction fee per contract traded. To our knowledge this is an industry first. This Teton Order Routing service still provides very high quality order routing.
Contact us for a demo and/ or more information here!

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

02-11-2022

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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.

Are you Watching? Futures Support & Resistance Trading Levels 2.10.2022

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

Keep an Eye on . . . . Everything

By Mark O’Brien, Cannon Trading Senior Broker
Last Friday’s monthly unemployment report caught nearly every economist off guard, showing a gain of 467,000 new jobs in Jan. compared to the median estimate of 150,000 and a massive upward revision in the November and December totals: November was revised up to 647,000 from 249,000 and December was revised up to 510,000 from a previously reported 199,000. Those changes brought the 2021 total to 6.665 million, easily the biggest single-year gain in U.S. history.
Inflation-sensitive commodities markets including metals, equity indexes and currencies have been anticipating an increasingly hawkish inflation-fighting Fed to hike interest rates at least five times in 2022. The current resiliency in the jobs market against the pandemic generally and the Omicron variant surge in recent months is likely to keep the Fed on this schedule. In the commodity sectors referenced above, look for expanded volatility ahead.
Already apparent and not to be ignored, Chicago Board of Trade soybean and corn futures set eight-month highs today on concerns that more unfavorable crop conditions due to drought are in store in growing areas of South America. Cattle, Hogs and cotton all hit life-of-contract highs in their respective front month futures contracts within the last week (not to be confused with all-time highs). Notable mention: March cotton traded through $1.28 intraday and made its highest weekly close since July 2011.
Lastly, crude oil traded in the neighborhood of $90/barrel – an 8-year high – as global consumption remains strong and oil stockpiles have plummeted in the past year with many major producers – OPEC + and the U.S. among them – struggling to pump more.
We’re just one month into this calendar year with more developments ahead – geopolitically, weather-related and monetary policy related – all set to cause commodity prices across a range of asset classes to exhibit potentially rugged price action. Keep an eye out.
.
Would you like to contact Mark or any of our brokers for more feedback? We are happy to help!

Are you using Sierra charts and looking to implement their Teton order routing?

If so, look no further, Cannon can assist you in getting set up!

The Teton Futures Order Routing service is a high-quality order routing service with advanced risk management from Sierra Chart to provide order routing, for outright futures and spreads, direct to the major exchanges. There is no other intermediary provider.
Orders are routed direct to the exchange with high reliability and very low latency, in under 500 microseconds.
Market data is provided by the Sierra Chart Denali Exchange Data Feed.
Supported exchanges are CME, CBOT, NYMEX, COMEX, FairX.
This service is offered at no cost to both clearing firms and to users. It has no transaction fee per contract traded. To our knowledge this is an industry first. This Teton Order Routing service still provides very high quality order routing.
Contact us for a demo and/ or more information here!

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

02-10-2022

Futures Levels 2.10.2022

 

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

Forex Factory 2.10.2022

 

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.

Learn How to Manage Trading Risks & Futures Support and Resistance Levels 2.09.2022

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

“Take the Time to Learn How to Manage Trading Risks”

By John Thorpe, Cannon Trading Senior Broker
When speaking with customers, the conversation that often times bubbles up when speaking about trading results invariably leads to this question “what do you do when you trade?”, and Invariably my opening salvo is “manage the risks” there are a number of ways to mange the risks and reduce the costs of both losses and fees., You have to ask yourself why you are trading. are you trading just to trade? to alleviate boredom? I swear i have seen so many traders just drop the 25 cent piece into the slot and tug that one armed bandit hard. ” i need another cocktail! Where is my server? “… His or her chances to “win” are less than 10% Forget about luck , the video graphic reels or readouts on the machine are but visual representations of a predetermined outcome , the computers internal memory has already been spinning through millions of combinations the moment you pull the lever ( or push the button, think click your mouse), This may be stimulating for some and perfectly fine if you have the discretionary income to continue to feed your endorphin buzz. .. But for most of us , we need to understand our risk management style to incorporate into our trading. What I talk about is stop loss orders ( yes stops), but wait, that’s not all and only a small part of the strategy, we need to have an understanding of how we can utilize a low cost options strategy as well, to compliment our trade idea. In addition, we can understand what markets may be correlated to the market you are trading and “spread off” your risk during a trade idea until you can see your plan unfold more clearly, then lift your spread from a correlated product and continue with your trade utilizing training stops, options, or whatever other tools are available, Hell! you can even change the delta on your positions with so many of the new Micro contracts that have become viable risk management tools as well, Please spend the time to understand these and many other Ideas with a broker, your personal broker here at Cannon Trading, I am, with a degree of certainty, sure you will benefit from that conversation, which may be the beginning of a long term and possibly more profitable relationship. For a more satisfying and rewarding trading experience, as my colleague ,Ilan Levy-Mayer has said for years, ” Plan your trade and Trade your Plan”.
Would you like to contact John or any of our brokers for more feedback? We are happy to help!

Are you using Sierra charts and looking to implement their Teton order routing?

If so, look no further, Cannon can assist you in getting set up!
The Teton Futures Order Routing service is a high-quality order routing service with advanced risk management from Sierra Chart to provide order routing, for outright futures and spreads, direct to the major exchanges. There is no other intermediary provider.
Orders are routed direct to the exchange with high reliability and very low latency, in under 500 microseconds.
Market data is provided by the Sierra Chart Denali Exchange Data Feed.
Supported exchanges are CME, CBOT, NYMEX, COMEX, FairX.
This service is offered at no cost to both clearing firms and to users. It has no transaction fee per contract traded. To our knowledge this is an industry first. This Teton Order Routing service still provides very high quality order routing.
Contact us for a demo and/ or more information here!

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

02-09-2022

 

Futures Support and Resistance Levels 2.08.2022

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.

Overtrading the Afternoon & Futures Support and Resistance Levels 2.08.2022

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

Overtrading the Afternoon

By Josh Meyers, Cannon Trading Series 3 Broker
Knowing when (or NOT) to trade can be difficult. Keeping a close eye on volume can help. Defining “normal” volume for your trading style will help you through behavioral shifts in the markets. Improving this problem can be as simple as watching volume/price move through time.
Watch volume through time. Holiday sessions, busy days, around FOMC, across different volatility environments, etc. Patterns in your performance will become more evident, and you’ll develop rules and systems around your traits as a trader.
There’s also another aspect that shouldn’t be underestimated. Most discretionary traders are more mentally/physically fatigued in the afternoon, which makes it easier to slip-up, especially in unfamiliar trading conditions. Knowing when to hang it up for the day is an underrated trading skill.
Here are a few tips
(These are for opinion/educational purposes only)
I like to watch a 30m price chart, with a faster chart for volume(1m or faster) so I can compare the two relative to one another. Watch both big and small and take note of the behavior. You don’t always have to trade! Sometimes watching to learn is beneficial. Watching different time frames allows for better context and helps to keep a trader out of tunnel vision.
Define a “normal” trading environment for your system and observe how instrument behavior changes based on external factors like time of day or fundamental factors.
Keep an eye on yourself mentally and physically as you trade. Make sure you’re trading with focus and direction. If your performance is suffering, take a break. Although taking a break can be hard, it’s sometimes the best solution for a trader’s performance. If you don’t feel good about trading, it’s ok to walk away.
Shifts in market behavior can be unexpected. Sometimes it happens slowly, sometimes quickly. Try to avoid tunnel vision or putting too much emphasis on a particular trade/entry as it could lead to an expectation or bias for the following trades.
A few additional tips for the active management of overtrading:
Set a timer between trades
Lock your DOM ladder if needed or minimize your order entry input
o Pick a spot for an order and let the price come to you.
The need to be right about a trade can be more costly than accepting a loss
  • Actively look for better spots. Trade less, look more. Seems simple I know……
  • Practice self-assessment. How am I doing? Am I following my plan?
Hope this helps!
Would you like to contact Josh or any of our brokers for more feedback? We are happy to help!
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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

02-08-2022

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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: 

https://bettertrader.co/ 

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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.

OPEC Tomorrow & Support and Resistance Levels 2.02.2022

Posted on by Ilan
Get Real Time updates and more on our private FB group!
We have both energy numbers and the ADP employment report tomorrow.
OPEC meeting to add some fuel…..
Be aware of what reports are coming, when and what markets they affect.
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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

02-02-2022

 

Futures Support & Resistance Levels 2.02.2022

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: 

https://bettertrader.co/ 

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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.

Uncovering Potential Unforeseen Traps & Futures Support and Resistance Levels 2.01.2022

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

Uncovering Potential Unforeseen Traps

by John Thorpe, Senior Broker
Many of you are purely technical traders and for good reason I understand why. It’s also critical to understand why there, from time to time, become sharp price deviations from your technicals that many times are simply one offs but sometimes can result in longer term trend shifts. It’s always important when trading Futures and Commodities to look past the headlines and beyond indicators and respect the weekly economic calendar. I Extoll the virtues with my clients and through this Blog the importance of knowing the markets you trade and the reports that Government agencies around the Globe generate at every opportunity I have with them . If you are trading Grains, ZS, ZW, KE, ZC, ZO, ZL, ZM monthly WASDE release dates , Planting Intentions and Weekly sales numbers are a few examples of reports that are released during trading hours that you need to be aware of, If you are trading Bonds, ZB Notes, ZN, Stock indices, S&P 500 ES, MES , Nasdaq 100 NQ, MNQ or trading any of the foreign currencies there are reports and Meetings that occur on a regimented basis that clearly impact your ability to manage risks to your satisfaction.. please, if you are new to this part of trading, don’t know where you can get this information readily, , there are services, Calendars and other resources your Broker can help you with. Just contact your Cannon Broker, She or He will be happy to share solid, respected sources so you don’t fall into a margin deficiency trap as a result of some unforeseen event that other traders were aware of and were able to plan accordingly to either become Flat, place appropriate stops, spread off the risk or utilize option strategies to avoid potential turmoil in your account.
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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

02-01-2022

Futures Support and Resistance Levels 2.01.2022

 

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: 

https://bettertrader.co/ 

Better Trader Economic Indicators 2.01.2022

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.

FOMC Statement Tomorrow & Support and Resistance Levels 1.26.2022

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

FOMC Statement tomorrow:

 From CNBC.com

The Federal Reserve is expected to say this week it is moving forward with interest rate hikes and considering other policy tightening, reversing the easy policies it put in place to fight the pandemic. The Fed begins its two-day meeting Tuesday and on Wednesday afternoon, the central bank is expected to issue a new statement that shows it is resolved to fight inflation. Against the backdrop of a violent stock market correction, Fed officials are expected to say they are ready to push up the fed funds rate from zero as soon as March.
The following are my PERSONAL suggestions on trading during FOMC days:
·    Reduce trading size
·    Be extra picky = no trade is better than a bad trade
·    Choose entry points wisely. Look at longer time frame support and resistance for entry. Take the approach of entering at points where you normally would have placed protective stops. Example, trader x looking to go long the mini SP at 4325.00 with a stop at 4319.00, instead “stretch the price bands” due to volatility and place an entry order to buy at 4319.75 and place a stop a few points below in this hypothetical example ( consider current volatility along with support and resistance levels).
·    Expect the higher volatility during and right after the announcement
·    Expect to see some “vacuum” ( low volume, big zigzags) right before the number.
·    Consider using automated stops and limits attached to your entry order as the market can move very fast at times.
·    Keep in mind statement comes out at 1 Pm Central time, the news conference which dissects the language comes out 30 minutes later so the volatility window stretches out.
·    Know what the market was expecting, learn what came out and observe market reaction for clues
·    Be patient and be disciplined
·    If in doubt, stay out!!
If you are looking for other reference material please contact your Cannon Broker for lists of solid, informative and helpful trading tomes
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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

01-26-2022

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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: 

https://bettertrader.co/ 

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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.

Important Information on Price Limits & Circuit Breakers & Support and Resistance Levels 1.25.2022

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

Equity Price limits and Circuit Breakers Information by John Thorpe, Senior Broker

As traders during volatile periods, it’s important to know the rules
relative to trading halts and circuit breakers.
The following is largely from the CME rulebook, please understand the rules are different between the Overnight and Day sessions .
Equity product price limits and circuit breakers
Our U.S. Equity futures markets have a range of automated safeguards in place – some of which are coordinated with cash equity markets.
CME Group U.S. Equity futures have 7% price limits overnight and remain open for trading at that limit. If markets reach 7% up or down during the overnight session, they remain open but can only trade up to those price limits. Further, Dynamic Circuit Breakers will be in effect with a width of 3.5%. If a contract market moves beyond +/- 3.5% within an hour during the overnight session, trading will be paused for two minutes.
Daytime trading employs market-wide circuit breakers, a kind of price limit that halts trading for a period of time to help the market reset.
CME Group U.S. Equity futures markets are coordinated with stock circuit breakers at market 7%, 13%, and 20%. The 7% and 13% circuit breakers are each followed by 15-minute trading halts; if the 20% level is reached, the market closes for the trading day. Learn more below:
If you would like to know what the current price levels will be for the Equity markets you are trading at the 7%,13% and 20% levels, please contact your broker at Cannon Trading as these numbers change daily based on the Previous days settlement price calculated in the last 30 seconds of trading– 2:59:30-3:00:00 PM CST

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

01-25-2022

 

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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: 

https://bettertrader.co/ 

d248a6d1 a939 426c 8f05 e5d5acc6e943

 

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 #1083: Navigating Trading Futures Around Economic Reports & Trading Levels for the Week Ahead

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1083

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!

Trading Key Economic Reports

Every trader has done it. You’ve done it, your friends have done it, even your broker has done it at one point early in their career.
Here’s the scenario:
You’ve finally finished your futures education at Cannon Trading Company. You’ve done you’re homework on stops, limits, indicators and price movements for the market you’re trading. You’re ready to go, you enter your limit order and you wait.
**DING**
You get filled. Your heart rate picks up, a wry smile crosses your face and you begin to imagine the possibilities of the one trade you’re in: How much can I make? How much can I lose before it’s too much? You’ve waited through months of technical trading and deep meditation to get here, and now it’s finally paying off with one of your first trades in the live market. Sayonara paper trading; aloha live futures.
Then, all of a sudden, the top of the hour hits and the market starts acting up. It’s getting more volatile and more volatile; it’s picking up speed and taking an unforgiving turn against you. You can’t think straight, all you can think about is your losing position that could get worse and worse as the seconds go by. You race to put in a stop order, but you finally have to settle for a market order just to stop the bleeding. You stare.
**DING**
You’re out of the market. What the hell just happened? You stare at the screen; did your indicators lie to you? Is your system faulty? Did you not listen to your broker? Well, probably not. But you’re down several handles, you’ve lost some money and your pride is aching.
What the hell happened was NFP ( non farm payroll) report you were not aware of or did not know what it means…..
As a trader, you will come across many factors that you must consider before entering or exiting the markets. Some of the most important aspects to look for are economic events that can move the markets drastically one way or another.
There are many types of economic events including releases by a governing body, changes in sales or consumption of commodities, and increases in supply and demand. All of these can affect the markets you trade, making it important for you to know how and when these changes are happening.
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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 when it comes to Futures Trading.

 

Futures Trading Levels

01-24-2022

Support and Resistance Levels 1.24.2022

 

Weekly Levels

Weekly Support and Resistance Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

https://mrci.com

Date Reports/Expiration Notice Dates

MRCI Economic Reports 1.24-1-28-2022

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 tradin

Improve Your Trading Skills & Futures Support and Resistance Levels 1.21.2022

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

Improve Your Trading Skills

Do your stop orders seem to act like trade magnets?
Have you ever looked into the range of available futures options strategies?
Do you know the ins and outs of futures spreads?
Consult with an experienced broker. Access proprietary indicators and trading methods ( 30 minute chart of the NQ with recent possible buy and sell signals are highlighted below.
You’re invited to call for more info.: 1-800-454-9572, or you’re welcome to register here
We look forward to your inquiry.
NQJan20 2022

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

01-21-2022

 

Futures Support and Resistance Levels 1.21.2022

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Economic Reports, Source: 

https://bettertrader.co/ 

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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.