Open An Account
Free Demo Account Subscribe Here

Category: futures trading education

Voice of The Tomb: Seasonals, Corn, Wheat, & More Crucial, Important Need-To-Knows for Trading Futures on May 14th, 2025

Posted on by Cannon Operations

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Voice from the Tomb

Voice from The Tomb, Seasonals & more

by John Thorpe, Senior Broker

Day trade margins are back to normal valuations.

A quiet data day tomorrow.

    Market volatility is here to stay for the foreseeable future

Choose your opportunities wisely. Today’s market swings were largely back to normal (pre tariff talk normal)

I thought the timing would be correct to revisit this sage wisdom from the not-so-distant past since April WASDE was released yesterday.

This 8 ½ x 11, well worn, sheet of paper version has been pinned to the corkboard in my office for decades and is worth a share. Called “Voice from the Tomb”, I have noticed a web page dedicated solely to this Myth or Non-Fiction? Lore or Fact? and his experiences following the execution dates.

It’s interesting to contemplate the prospective impact of following the note left to family members, in light of some of the upcoming dates provided. What follows is simply a brief of the contents, feel free to google search the topic to follow the trader’s experiences, you too may end up saving the primary authors advice.

Voice From the Tomb

This is the legend of a wise grain trader that made a fortune trading “seasonals” in the pits of the Chicago Board of Trade.

“After his wife died, a millionaire grain trader dedicated his life to raising their children. The children were lazy and thought they’d inherit all of their father’s money. He felt that his children were wasteful and believed they took him for granted. When he died, all the money went to charity. All he left them in his will were the following dates of when to buy and sell. The will said that if they strictly followed his advice, they’d have the fortunes they always thought were going to drop in their laps.”

Seasonals, Corn, Wheat

seasonals corn wheat

So what is a “seasonal”? “Seasonality often plays a part in determining prices for commodities in regular cycles throughout the year. Normal increases and decreases in supply and demand for particular commodities seem to occur every year in fairly consistent patterns. Commodity seasonal patterns might appear to be an easy trading strategy for commodities, but seasonal tendencies are just that – tendencies.” Chuck Kowalski

Wheat

  • Sell March Wheat on January 10
  • Buy May and/or July Wheat on February 22
  • Sell July Wheat on May 10
  • Buy December Wheat on July 1
  • Sell December Wheat on September 10
  • Buy March Wheat on November 28

Corn

  • Buy July Corn on March 1
  • Sell July Corn on May 20
  • Buy December Corn on June 25
  • Sell December and March Corn on August 10

Disclaimers:

* Past results are not necessarily indicative of future results. The risk of loss in the futures trading market can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

** SEASONAL TENDENCIES ARE A COMPOSITE OF SOME OF THE MORE CONSISTENT COMMODITY FUTURES SEASONAL THAT HAVE OCCURRED OVER THE PAST 15 YEARS. THERE ARE USUALLY UNDERLYING FUNDAMENTAL CIRCUMSTANCES THAT OCCUR ANNUALLY THAT TEND TO CAUSE THE FUTURES TRADING MARKETS TO REACT IN A SIMILAR DIRECTIONAL MANNER DURING A CERTAIN CALENDAR PERIOD OF THE YEAR.

EVEN IF A SEASONAL TENDENCY OCCURS IN THE FUTURE, IT MAY NOT RESULT IN A PROFITABLE TRANSACTION AS FEES, AND THE TIMING OF THE ENTRY AND LIQUIDATION MAY IMPACT ON THE RESULTS. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT HAS IN THE PAST OR WILL IN THE FUTURE ACHIEVE PROFITS UTILIZING THESE STRATEGIES. NO REPRESENTATION IS BEING MADE THAT PRICE PATTERNS WILL RECUR IN THE FUTURE.

Tomorrow:

Econ Data:  EIA Energy stocks.

FED Speak: Three speakers

Earnings: TenCent, Siemens, Cisco systems, Sony

Tariff news: Anything goes!
S

November Beans

November soybeans are activating upside PriceCount objectives off the April low. The first count projects a potential run to the $10.95 area although the chart will have to contend with the February high first. A trade above the late February reactionary high will formally negate the remaining unmet downside objective.
ebf4a4c6 f339 4bf2 901d 713af0464d2c

Daily Levels for May 14th, 2025
81f4f47c 4e84 47db 94a6 ef1426b23a7f

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! 

Click here for quick and easy instructions.
28ae1ddf f400 4901 82b9 03a497f63f26

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time ( New York)
fcb094a8 dfd3 490d aa87 6b054e8f18b1

Find us on Trustpilot
stars

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.
Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!
S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact
Cannon Trading Co., Inc.

12100 Wilshire Blvd.

Suite 1640

Los Angeles, CA 90025 US

CPI/PPI Week, July – September Corn, Trading Using ALGOS: 3 Important Need-to-Knows for the Week Ahead

Posted on by Cannon Operations

7cfe5b36 db9f 4933 824a 7f264613e7fe

Cannon Futures Weekly Letter

In Today’s Issue #1241

corn

  • LIVE, FREE Demo for Futures & Options

  • The Week Ahead – CPI/PPI Week! Chair Powell on Thursday.

  • Futures 102 – Trading Set Ups for Review

  • Hot Market of the Week – July-Sept. Corn Spread

  • Broker’s Trading System of the Week – Notorious ES Day Trading System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

Free Demo: Live Data, Streaming Charts

Introducing the newest trading platform to our already prominent selection: CannonX

  • Cloud-based and compatible with Windows and MacOS
  • Top-of-the-line tradable charts with abundant indicators and drawing tools
  • Option quotes display for all expirations and including all “Greeks.”
  • Quote programmability for straight futures and options as well as futures and option spreads, including multi-leg/complex options spreads.
  • Depth-of-market display at your fingertips for any of the position types listed aboveFull, easy-to-read account information display

START YOUR DEMO NOW
eb23d89b a6ee 494c a74a 38b5f4e886e7

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

CPI/PPI Week! Chair Powell on Thursday

cpi

More volatility to come as next week all markets will be reacting to whatever comes out of Geneva, Switzerland where U.S.-China trade representatives will be meeting for the first time since the tariff tantrums had begun. Therefore, increased volatility expectations.

WASDE Monday, 11a.m. CT World Agricultural Supply and Demand

Economic hard data Highlights next week will include Consumer Price Index and Producer Price Index as Tues. and Wed. respectively. The Y o Y forecast is 2.4 % for the CPI and Next month’s PPI numbers should reflect producer price changes affected by global tariff implementation.

Earnings reports will reflect 900+ total reports while we are in the top of the 5th inning of earnings season, the reports can still impact the indices but much less than in past weeks.

Highlighted by Constellation Software, Honda motor Company, Tencent Holding LTD., Siemens AG, Sony Corp, Walmart, Alibaba to name a few Large Cap stocks

Earnings Next Week:

  • Mon. Constellation Group
  • Tue. Honda Motor Company
  • Wed. Tencent, Cisco, Siemens, Sony
  • Thu. Walmart, Alibaba
  • Fri. Quiet

FED SPEECHES:

  • Mon.     Kugler 9:25 am CT
  • Tues.    Quiet
  • Wed.    Waller 4:15 a.m. CT, Jefferson 8:10 a.m. CT, Daly 4:40 p.m. CT
  • Thu.   Fed Chair Powell 7:40 a.m. CT, Barr 1:05 p.m. CT, at the Thomas Laubach Research  Conference, Washington, D.C.
  • Fri.     Williams 8:05 am CDT

Economic Data week:

  • Mon. WASDE
  • Tue.  CPI 7:30 a.m. CT , Redbook
  • Wed. EIA Crude Stocks
  • Thur. Continuing Jobless Claims, PPI, Philly Fed, Retail Sales, Capacity Utilization, Hsg Mkt Index, .EIA Nat Gas
  • Fri. Bldg Permits, Housing Starts, Mich. Consumer Sentiment

Futures 102: Free trial to Trade Algos

 

Simpler Approach To Trading Using ALGOS and Trade Management

Sign up to receive family of studies along with trading ALGORITHMS you can place on your own charts, your own time frame and the markets you prefer.

Once you register to the free 3 weeks trial, you will also receive a 23 page PDF eBook that details the logic, concept and trading applications that can be used while applying these indicators.

  • Counter Trend Signals
  • Early Trend Signals

Start Your FREE Trial Now
signals_4 image

Hot Market of the Week

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.

Free Trial Available

July-September Corn Spread

The July – Sep corn spread completed its first downside PriceCount objective to the 19.75 area and is consolidating for a moment. If the chart can resume its slide, the second count would project a possible slide to the 11 area.

 
487b9ea0 a10a 4e31 98c6 06876f8f3449

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.

Brokers Trading System of the Week

Notorious ES Trading System

Market Sector: Stock Index Futures

Markets Traded:   ES

System Type: Day Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $30,000

Developer Fee per contract: $110.00 Monthly Subscription

System Description:

Trade ES futures. System coded to seek long or short entries, and the system only uses the higher probability signal. System contains a money management component.

Get Started

Learn More
45b94a5c c998 4fdb 895b 3b8c246c63d6
Disclaimer: The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not necessarily indicative of future results.

Futures Trading Disclaimer:

Transactions in securities futures, commodity and index futures and options on futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract, meaning that transactions are heavily “leveraged”.

A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you.

You may sustain a total loss of initial margin funds and any additional funds deposited with the clearing firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position.

If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit. 

Please read full disclaimer HERE.
Would you like to get weekly updates on real-time, results of systems mentioned above?
Yes
No

Trading Levels for Next Week

Daily Levels for May 12th, 2025
959152aa 5905 4aff a726 86dab08b1e14
Would you like to receive daily support & resistance levels?
Yes
No

Trading Reports for Next Week

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

www.mrci.com
6931e744 d8c8 41a8 a2a4 64db1b49a792

Find us on Trustpilot
stars

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.
Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!
S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact
Cannon Trading Co., Inc.

12100 Wilshire Blvd.

Suite 1640

Los Angeles, CA 90025 US

FOMC Key Takeaways from CME, Dollar Index; 4 Important Need-To-Knows When Trading Futures Tomorrow

Posted on by Cannon Operations

9dc1e02e d5f7 4ff4 abf7 1df60775f196

FOMC Takeaways

FOMC Key Takeaways with Craig of CME Group

The awaited Fed Interest Rate decision was released yesterday, and as expected, the Fed kept the interest rates unchanged while signaling that rate cuts could be on the horizon for the remainder of the year.

With this announcement, the equity indices initially broke to the downside and then were able to recover at the end of the session. Gold, Silver, and Crude Oil all traded lower today after seeing strong gains to start the week.

FOMC

The CME Fed Watch Tool has been moving today with the interest rate decision along with the volatility in different markets, and seeing the changes over time can be beneficial.

This morning at 9:00 A.M. Central Time, the tool was pricing in a pause for the June meeting with a 69% probability, and that figure went up to 76% as of 3:00 Central Time after hearing remarks from Powell.

In a similar way, the probability for a rate cut at the July meeting remained the same near 56%. What this tells traders is that the market is pricing in a higher chance of the first interest rate cut coming at the July meeting instead of the previous expectation of the June meeting.

Would you like to view daily updates/takeaways and general research?

Visit our RESEARCH section which updates throughout the day!

Craig Bewick has spent 25 years in futures and options markets, starting at CBOT and CME working in risk management, regulatory, technology, product management and client development.
S

June Dollar Index

The June Dollar Index stabilized its inside last month after it satisfied its fourth downside PriceCount objective. Now, the chart has activated upside counts and is taking aim at the first objective to the 101.22 area.
73ecc020 47a6 45ae 93fd 242aa08058fa

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.

Daily Levels for May 9th 2025
332f851e 9380 4512 83f4 0ca9337e446e

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! 

Click here for quick and easy instructions.
822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)
8ae5b15c 4faf 4b03 bc21 79185307a5fc

Find us on Trustpilot
stars

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.
Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!
S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact
Cannon Trading Co., Inc.

12100 Wilshire Blvd.

Suite 1640

Los Angeles, CA 90025 US

Post FOMC Life, July Bean Oil, Metals, Energies

Posted on by Cannon Operations

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Post FOMC

fomc

Post FOMC

by Mark O’Brien, Senior Broker

General:

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to monitor inflation and the labor market amid elevated levels of economic uncertainty.

“Uncertainty about the economic outlook has increased further,” the Fed indicated in its FOMC Statement. “The Committee is attentive to the risks to both sides of its dual mandate and judges that the risks of higher unemployment and higher inflation have risen.”

The central bank’s decision leaves the benchmark federal funds rate at a range of 4.25% to 4.5%.

It comes after the Fed left rates at that level at its two previous meetings in January and March, which followed three consecutive rate cuts at its preceding meetings – which involved a 50-basis-point cut in September and a pair of 25-basis-point reductions in November and December.

Metals:  

June gold futures ended April closing nine days with a >$100 per ounce price range, a $10,000 per contract move between its daily high and low trades. Five trading days into May and we’ve already seen two more, with a couple of >$80 ranges thrown in.

Energies:

June crude oil traded intraday Monday – on the Sunday opening – to $55.30/barrel and closed at the lowest in four years ($57.13 a barrel back in February 2021), after OPEC+ agreed to hike production for a second month. The eight producers in the group, led by Saudi Arabia, agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision comes one month after OPEC+ surprised the market by agreeing to boost production in May by the same amount.
S
1bb0c235 06f8 40ab 9e8e 4a1740988236
 

July Bean Oil

July bean oil broke out into a new high last month but was unable to sustain the move and now the chart has activated downside PriceCounts on the correction lower. The first count projects a possible slide to the 46.44 area.
b7af8fcb f7ce 412e 8ee6 e25e8f84e984
 

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.

Daily Levels for May 8th, 2025
b17370ce 5e26 4ee4 9145 0dde015c96f0
Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.
 
822b33c5 2339 45ed bc84 e9c8f8c7358e
 
 

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)
4e1a25c0 dcde 4093 8bb8 eb0b3b3ac9b1
 
 

Find us on Trustpilot
stars
 

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.
Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!
S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact
Cannon Trading Co., Inc.

12100 Wilshire Blvd.

Suite 1640

Los Angeles, CA 90025 US

FOMC Eve – 4 Important Announcements, June Cattle; Trade a Plan – YOUR Plan

Posted on by Cannon Operations

9dc1e02e d5f7 4ff4 abf7 1df60775f196

FOMC Tomorrow

by John Thorpe, Senior Broker

fomc

Day trade margins are back to normal valuations.

Please speak with your broker about ways that you may not be aware of to assist you with your risk management plans. They may surprise you with the creative solutions you may find more efficient than simple stop orders or the old “hand on the mouse blow yourself out” strategy.

FOMC

Chairman Powell speaks rate decision tomorrow @ 1:30 CDT ,30 minutes following the official DECISION ON THE FED FUND RATE., U.S. Secretary of the Treasury Scott Bessent will testify to the House Financial Services Committee hearing on the international finance system Wednesday morning around 9:00 am CDT.

Economists and the CME FED Watch tool are expecting no change in the fed funds rate for tomorrows Fed Meeting. That tempers the rate at 4.25-4.50, the same as it has been since the December meeting.

Tomorrow:

Econ Data:  Used Car Prices. EIA Energy stocks.

FED Speak/FOMC: Powell @ 1:30PM CDT

Earnings: Novo Nordisk, Advanced Micro Devices, Duke energy, Doordash

Tariff news: Anything goes!
S
1bb0c235 06f8 40ab 9e8e 4a1740988236

June Live Cattle

cattle

June live cattle extended its rally into a new contract high. This has us approaching the third upside PriceCount objective to the 215.67 area. Upon satisfying the count it would be normal for the chart to react with a near term consolidation or corrective trade, at least. the low percentage fourth count to 262 (not shown here for presentation purposes) is not seen as a realistic target for this contract.
3c0fd1e3 1243 4259 8d81 806d482073f2

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.

Daily Levels for May 7th, 2025
3cae91f0 1892 47d0 98aa ffbb9066870a
Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.
822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)
aba091e7 ee26 4350 aa7e 8b6aaf9b6f1f

Find us on Trustpilot
stars

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.
Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!
S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact
Cannon Trading Co., Inc.

12100 Wilshire Blvd.

Suite 1640

Los Angeles, CA 90025 US

FOMC, July Corn, Margins, Bracket Orders: 4 Important things to know before trading futures tomorrow

Posted on by Cannon Operations

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Bracket Orders and TradeTheNews.com FREE Trial

Day Trading margins are back to normal!

margins

However, with volatility, you need to double check the status daily at:

Margins

Busy week ahead with FOMC and more!

Below you will see a quick video on how to set and utilize the bracket orders feature on the StoneX futures platform/ CQG desktop

BRACKET ORDERS VIDEO

Hear The News, Trade The News!

  • Up to the second trading information
  • Informative streaming audio for accurate price and volume data
  • Firsthand knowledge that was once only available to floor traders
  • Expertise regarding buyers and sellers and how the market reacts

Start your free trial NOW

1bb0c235 06f8 40ab 9e8e 4a1740988236

July Corn

July corn activated downside PriceCount objectives off the April rally peak. The break is satisfying the second downside count to the $4.62 area where it would be normal to get a near term reaction from this level in the form of a consolidation or corrective trade. IF the chart can sustain further weakness, the third count to $4.50 is consistent with a test of the March low.

a257f99c 03fd 4207 8222 1c154253402d

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.

Daily Levels for May 6th, 2025

884fb4e5 dfcb 4dae b614 993fe706e6f8

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! 

Click here for quick and easy instructions.
822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)
e3fb4617 02d8 495b a3b9 37ecdee2f334

Find us on Trustpilot
stars

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.
Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!
S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact
Cannon Trading Co., Inc.

12100 Wilshire Blvd.

Suite 1640

Los Angeles, CA 90025 US

Non Farm Payrolls, First Notice Day/Last Trading Day: Important Updates You Need to Know

Posted on by Cannon Operations

9dc1e02e d5f7 4ff4 abf7 1df60775f196

NFP – Non Farm Payrolls Tomorrow

non farm payrolls

Non Farm Payrolls

Highly anticipated NFP (non farm payrolls) report tomorrow.

Volatility is quite high. This requires one to evaluate their…stops? Targets? Trading size?

With the micros Trading such good volume across the board a trader now has the option of trading one 3, 6 micros for example rather than trading one Single mini SP or mini Nasdaq.

This is especially true on volatility as high as we have seen the last few days and may help certain traders adapt to the volatility.

If you like feedback, discuss ideas – let us know and we will do our best to assist.

FND/LTD:

Below are the contracts which are entering First Notice or Last Trading Day for May.

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
S
d1163e9a f08a 4f8d a329 a1a8f629da5c
7f8f548f 1960 47b3 a8cf 667729279da5

Daily Levels for May 2nd, 2025
4a485a96 bb35 4f3d b533 3d432b0927f6
Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.
822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time ( New York)
a48e5716 9b91 467b a81e 33cda3b138ae

Find us on Trustpilot
stars

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.
Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!
S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact
Cannon Trading Co., Inc.

12100 Wilshire Blvd.

Suite 1640

Los Angeles, CA 90025 US

 

Day Trading Margins, June Mexican Peso; 7 Key Insights for Smarter Futures Trading Amid Strong Market Swings

Posted on by Cannon Operations

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Day Trading Margins; June Mexican Peso

day trading margins

Day Trading Margins

In recent weeks on various days, market volatility and the commensurate risks of trading have soared. Daily price ranges for assets like the major stock index futures (S&P 500, Nasdaq 100, Dow Jones, Russell 2000), gold, crude oil, the U.S. Dollar Index & foreign currency futures have awed market participants.

For example, June gold futures closed on nine days this month with a >$100 per ounce price range, a $10,000 per contract move between its daily high and low trades. Even less-reported markets like cattle, cocoa and coffee have made major daily price moves, often in multiday streaks.

As a result, the major exchanges where these market trade, i.e., CME Group and ICE, have increased the day trading margin requirements for many of the futures contracts exhibiting these outsize moves. As well, clearing firms have followed with increases in the margins required to trade these futures contracts intraday. These are their day trading margins.

It is obviously important for traders to know the risks involved in trading and that includes knowing the day trading margin requirements for the futures contracts you’re trading. The exchanges’ margin requirements are applied to all futures contracts uniformly for trades held overnight or longer. 

On the other hand, day trading margins can differ among clearing firms. Also, some days clearing firms will set day trading margins differently at different times of the day. For example, day trading margins may be set higher during the nighttime hours of the day and reduce them during daytime hours.

Moreover, clearing firms determine day trading margins in different ways. Some set a “flat rate” for day trading margins, others calculate it as a percentage of the exchanges’ margin requirements.

Before you enter any futures position, plan your trade, including check know the margin requirement and day trading margin requirement of the futures you’re about to trade. Definitely get in touch with your Cannon broker for any assistance with these.

Day Trading Margins
S
1bb0c235 06f8 40ab 9e8e 4a1740988236

June Mexican Peso

The June Mexican Peso completed its first upside PriceCount objective and has turned sideways in a consolidation trade. From here, if the chart can sustain further strength into new highs, the second count would project a possible run to the 52.47 area.
1f7266a8 3474 40f0 bb81 a02b9776059f

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.

Daily Levels for May 1st, 2025
82b52574 5491 4013 b428 cfb764118433

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! 

Click here for quick and easy instructions.
822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)
c46fabc3 2acb 48f3 88b5 3d87c213cf7d

Find us on Trustpilot
stars

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.
Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!
S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact
Cannon Trading Co., Inc.

12100 Wilshire Blvd.

Suite 1640

Los Angeles, CA 90025 US

Futures Trading Platform Bookmap

Posted on by Ilan

In the rapidly evolving world of futures trading, having access to a cutting-edge futures trading platform is critical. One such platform making waves in the trading community is Bookmap—an innovative tool designed to bring transparency and precision to trading decisions. With its unique visual approach, Bookmap trading enables both novice and professional traders to see beyond the basic charts and deeply understand market behavior in real time.

As the demand for advanced platforms increases, so does the need for reliable brokers. That’s where Cannon Trading Company shines. As one of the most respected firms in the industry, Cannon Trading has been helping traders navigate the complex world of online futures trading platforms for decades.

This article explores the most important features of Bookmap for futures trading, details how to access Bookmap download and pricing, and explains why Cannon Trading Company is an outstanding partner for using this platform.

Try a FREE Demo!

What is Bookmap?

Bookmap is a high-performance futures trading platform that displays full-depth market data in an intuitive heatmap format. Unlike conventional charting tools, Bookmap trading enables you to see market liquidity and order flow with unprecedented clarity.

With Bookmap Web and Bookmap TradingView integration, users now have the flexibility to analyze markets on various devices and charting systems. This accessibility is enhanced by Bookmap free features that allow traders to try out the platform before committing financially.

The availability of granular market data is one of the core strengths of Bookmap. It visualizes market dynamics by showing historical order book activity and real-time transactions, enabling traders to spot opportunities before they appear on standard charts.

Key Features of the Bookmap Futures Trading Platform

  1. Real-Time Order Flow Analysis
    Understanding order flow is crucial in futures trading. Bookmap allows traders to monitor limit orders, market orders, and cancellations in real-time. The heatmap visualization makes it easy to spot large resting orders that may act as support or resistance zones.
  1. Advanced Heatmap Visualization
    At the heart of Bookmap trading is the heatmap, which shows liquidity changes over time. This feature reveals the true intent of market participants, allowing traders to anticipate moves rather than react to them.
  1. Volume Dots and Volume Delta
    These unique features let traders analyze where trades are occurring and the volume behind them. It’s especially useful for scalp traders using online futures trading platforms where timing and precision are essential.
  1. Market Replay
    This feature allows traders to rewind market action and study it frame-by-frame. Whether you’re refining strategies or backtesting ideas, Bookmap gives you the tools to sharpen your edge.
  1. Customizable Indicators and APIs
    Bookmap offers a suite of built-in indicators and supports third-party plugins and APIs. This ensures that traders using futures trading platforms like Bookmap can tailor their setups for maximum efficiency.
  1. Multi-Asset Support
    While it shines in futures trading, Bookmap also supports equities and cryptocurrencies. It’s a comprehensive solution that caters to all kinds of market participants.
  1. Bookmap Web and Bookmap TradingView Integration
    Traders can now enjoy Bookmap from anywhere with Bookmap Web. Additionally, Bookmap TradingView integration bridges the gap between traditional charting and cutting-edge order flow analysis.
  1. Bookmap Free Version
    Before you commit, try the Bookmap free edition. It offers access to historical data, basic visualizations, and a limited set of features—perfect for learning the ropes.
  1. High-Quality Market Data Feeds
    To fully utilize Bookmap’s capabilities, accurate and timely data is essential. That’s why Bookmap data partnerships with top-tier providers ensure you get the best trading experience.

Try a FREE Demo!

Bookmap Pricing and Subscription Plans

Understanding Bookmap pricing is key before diving in. There are several tiers based on your needs:

  • Bookmap Free: A basic version to get familiar with the interface and features.
  • Digital+: Includes enhanced indicators and limited access to market data.
  • Global: Ideal for futures trading, offering full-depth data, custom studies, and add-ons.
  • Global+: Unlocks premium add-ons like the Large Lot Tracker and advanced analytics.

Each tier offers flexibility depending on whether you’re new to Bookmap trading or a seasoned professional. Importantly, Bookmap download is straightforward, and the platform supports both Windows and macOS.

How to Get Started with Bookmap

  1. Visit the Website: Go to the official site to initiate your Bookmap download.
  2. Select a Plan: Choose from Bookmap Free, Digital+, Global, or Global+ depending on your trading style.
  3. Install the Platform: The installation process is simple and user-friendly.
  4. Connect to Market Data: Use your broker’s feed or opt for integrated Bookmap data providers.
  5. Start Trading: Dive into Bookmap trading using the powerful heatmap and visualization tools.

With Bookmap Web, you can even access your trading dashboard from any browser, making it ideal for traders on the go.

Platform Bookmap

Platform Bookmap

Why Cannon Trading is Your Ideal Partner for Bookmap Trading

When it comes to online futures trading platforms, broker selection is just as important as the platform itself. Cannon Trading Company stands out as an industry leader and is a perfect partner for anyone using Bookmap.

  1. Decades of Experience
    Founded in 1988, Cannon Trading has decades of experience navigating complex futures trading platform landscapes. Their team of experienced brokers understands Bookmap trading inside and out, making onboarding seamless for new users.
  1. Stellar Reputation and Reviews
    Cannon Trading boasts numerous 5 out of 5-star reviews on TrustPilot, showcasing the firm’s dedication to transparency, customer service, and integrity. Their long-standing relationships with clients speak volumes about their reliability.
  1. Regulatory Standing
    As a registered Introducing Broker with the NFA and CFTC, Cannon Trading maintains an exemplary regulatory record. Compliance is paramount, which means your funds and data are in trusted hands.
  1. Wide Selection of FREE Trading Platforms
    In addition to Bookmap free, Cannon Trading offers access to a wide array of online futures trading platforms. Whether you prefer Sierra Chart, CQG, or TradingView, Cannon ensures you’re well-equipped.
  1. Tailored Support for Bookmap Users
    Cannon provides personalized setup assistance, real-time tech support, and educational resources. They ensure clients are maximizing their use of Bookmap trading, regardless of experience level.

Cannon Trading + Bookmap = Trading Excellence

Try a FREE Demo!

Combining the sophisticated features of Bookmap with the unmatched service of Cannon Trading Company creates a powerhouse for futures traders. Whether you’re leveraging the real-time heatmap for scalping or conducting detailed order flow analysis, Cannon Trading’s infrastructure and experience enhance your performance.

From Bookmap pricing transparency to expert help with Bookmap data feeds, Cannon ensures that your trading experience is as seamless and successful as possible.

The Bookmap Futures Trading Platform is revolutionizing how traders view and interact with the market. Its innovative visualization tools, integration with Bookmap TradingView, browser-based Bookmap Web, and robust Bookmap free version make it a go-to solution for serious traders. When combined with a top-tier brokerage like Cannon Trading Company, which offers industry experience, stellar reputation, regulatory compliance, and multiple futures trading platform options—including Bookmap—you have a winning formula for success.

Whether you’re exploring Bookmap download for the first time or looking to deepen your expertise in Bookmap trading, partnering with Cannon Trading will elevate your performance and confidence.

For more information, click here.

Ready to start trading futures? Call us at 1(800)454-9572 (US) or (310)859-9572 (International), or email info@cannontrading.com to speak with one of our experienced, Series-3 licensed futures brokers and begin your futures trading journey with Cannon Trading Company today.

Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involve substantial risk of loss and are not suitable for all investors. Past performance is not indicative of future results. Carefully consider if 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.

Important: Trading commodity futures and options involves a substantial risk of loss. The recommendations contained in this article are opinions only and do not guarantee any profits. This article is for educational purposes. Past performances are not necessarily indicative of future results.

This article has been generated with the help of AI Technology and modified for accuracy and compliance.

Follow us on all socials: @cannontrading

2 Important Updates: Bear Market Rally, June Canadian Dollar

Posted on by Cannon Operations

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Bear Market Rally?

June Canadian Dollar updates

bear market

A week of impactful earnings reports (2242 globally) as the Bear market rally continues,

by John Thorpe, Senior Broker

Please speak with your broker about ways that you may not be aware of to assist you with your risk management plans. They may surprise you with the creative solutions you may find more efficient than simple stop orders or the old “hand on the mouse blow yourself out” strategy.

Bear Market

Market volatility is here to stay for the foreseeable future

Choose your opportunities wisely in this Bear Market.

Economists are expecting the first look at US 1Q 2025 GDP to show the economy grew +0.4% on quarter over quarter terms. The advanced 1Q 2025 chain weighted price index is expected up +3.0% and compares with the 4Q 2024 at +2.3%. The data will be released at 7:30 am CT Wednesday morning.

Bear Market Updates

Mini Dow’s range today? 482 points $value? = $2410.00 from hi to lo

Mini S & P’s range today? 75.75 points $ Value? = $3787.50 from hi to lo

Mini Nasdaq’s range today? 310.50 points $value? = $6210.00 from hi to lo

Tomorrow – Last trading Day of the month! President Trump may be speaking during market hours:

Econ Data:  Core PCE, ADP, GDP first look Q1, Chicago PMI , Pending home sales, EIA Energy stocks.

FED Speak: Blackout period

Earnings: Microsoft, Meta, Qualcomm, Caterpillar

Tariff news: Anything goes!

That’s a Bear Market for you!

S
1bb0c235 06f8 40ab 9e8e 4a1740988236

June Canadian Dollar

The June CAD established a bottom in February and recently activated upside PriceCounts off the lows. The chart is now taking aim at its first upside target in the .7320 area.
e6d98658 301e 4cbb 8f21 d767609cf831

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.

Daily Levels for April 30th, 2025
e46e1053 5d9d 472f 99a1 ef75ba1c863d
Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.
822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)
085fbb72 9a1f 4a83 8ca7 095bc4bc5f5c

Find us on Trustpilot
stars

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.
Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!
S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact
Cannon Trading Co., Inc.

12100 Wilshire Blvd. Suite 1640

Los Angeles, CA 90025 US
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.