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Category: Grain Futures

Different grains are traded on the Index, as commodities. Wheat, corn, soybeans, canola and soybean meal are just a few examples. They can be either a short-hedge or a long-hedge. One of the most traded grain futures is corn.

Basically, buying or selling these forms of futures enables the buyers and sellers to lock in prices of the specified grain today for the items that are to be delivered in the future. Therefore, all those who are interested in grains futures must track the performance of the grain on the demand and supply graph as well as its performance on the index. Though it is not tough to understand grains futures, the calculation of risk and returns is something that an average person may leave for an expert to do.

We at Cannon Trading are there to help you to not just understand the markets well, but to act as your personal advisors when it comes to trading futures. And, that’s something that applies for grain futures as well. However, information and awareness come before anything else. That is why, we want you to read through all of these blogs and articles carefully before you decide whether you want to trade grain futures or not.

Weekly Newsletter: WTI Crude Futures Trading Challenge + Levels 3.30.2024

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1139

 

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

In this issue:

  • Important Notices – WTI Crude Futures Trading Challenge
  • Trading Resource of the Week – Live Breaking News Audio Service
  • Hot Market of the Week – July/November Beans Spread
  • Broker’s Trading System of the Week
  • Trading Levels for Next Week
  • Trading Reports for Next Week

 

  • Important Notices – WTI Futures Trading Challenge

WTI Futures Trading Challenge
March 26-31, 2023
The global benchmark for crude oil is fabulous at 40
Take part in our special Trading Challenge to honor the 40th anniversary of WTI Crude Oil futures. Practice trading in a simulated environment with the most liquid crude oil futures benchmark in the world. Use our established, time-tested market with around-the-clock liquidity and global participation as you get to know our suite of WTI contracts in a risk-free environment that mimics live markets.
Learn why WTI has amassed worldwide interest
Have a gas as you explore WTI futures and simulate trading with the world’s most liquid oil contract. Receive daily education lessons from CME Group’s Owain Johnson, Managing Director of Research and Product Development. Gain valuable experience in a simulated environment while competing for a top spot.
Prizes for eligible participants
The top three finishers for this challenge will earn cash prizes. The top 40 finishers will also receive a complimentary copy of the recent book written by Owain Johnson, titled 40 Classic Crude Oil Trades.
This competition is open to residents in the United States (US), Canada (CA) excluding Quebec, *Brazil (BR), United Kingdom (UK), Germany (DE), Netherlands (NL), Switzerland (CH), Republic of Korea (KR), Taiwan (TW), and Japan (JP).
*Residents of Brazil must have a bank account in the United States to be eligible to receive a prize.

 

  • Trading Resource of the Week

  • Futures Market Squawk Box Features
  • 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

 

  • Hot Market of the Week – July/Nov Beans Spread

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.
July/Nov Beans Spread: The July November been spread has resumed its rally in a new high. If sustained this move would project a run to the third PriceCount objective to the $1.87 area
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
Intraday
Recommended Cannon Trading Starting Capital
$5,000
COST
USD 110 / 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 27th, 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

867b5377 4c3b 4788 979a 1cb8eda428f6

 

  • Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week:
3089bddf 886f 43c0 aa44 7b366b8c7860

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

PPI Tomorrow!…. 02.16.2023 Trading Levels

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

Bullet Points, Highlights, Announcements

 

By Mark O’Brien, Senior Broker

 

General:

While yesterday’s U.S. Consumer Price Index showed inflation continues to slow from its readings in 2022, CPI readings, the pace of declined slowed and a wide array prices stayed elevated, including food, clothes (women’s apparel dropped slightly), rent and hotel rooms. Once again, a key economic report has shown that the road back to 2.0% inflation, on which the Federal Reserve is committed to following, is going to be lengthy and rugged. It certainly leaves Fed in a hawkish posture.

Be alert: the release of the Bureau of Labor Statistics’ Producer Price Index is on deck for tomorrow.  The report comes out at 7:30 A.M., Central Time.

Markets:

Metals:

Gold (April) has declined ±$130 (a ±$13,000 move) since its Feb. 1 intraday high of $1,970.80 / oz. Today’s $1839.30 intraday low sets it back to prices not seen since the first of the for the calendar year.

Corn:

For most of the last few months, U.S. corn prices have justifiably focused on crop conditions, including obviously yield and quality, in Argentina and Brazil, which have continually come in far from ideal. As a result, the markets have priced in current and further crop damage coming into the South America harvest. That’s about to shift with the start of the crop year here in the U.S. Forecasts for planted acreage, demand, ending stocks, stocks/usage ratio – all tracked by the USDA and sized up by traders – are about to take center stage. As crops from the southern hemisphere are “made,” if little or no further surprises hit, look for CBOT corn prices to settle in for news of this year’s U.S. crop, starting with Prospective Plantings late next month.

Crude oil:

Despite the uneven decline of crude oil prices over the last 8 months from their ±$105 per barrel highs of last June (basis March) down to a few recent forays to the low 70’s per barrel, crude oil looks to still be focused on growing Chinese demand. As we approach the traditional U.S. driving season in May, look for recent lows as meaningful signs of support.

Plan your trade and trade your plan. 

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

02-14-2023

#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.

Weekly Newsletter: Why did I Take that Trade?!! + Levels for February 13, 2023

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1133

 

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

In this issue:

  • Trading Resource of the Week – FREE Trading Psychology Course
  • Hot Market of the Week – Cotton Futures
  • Trading Levels for Next Week
  • Trading Reports for Next Week

 

“You Must Understand That There Is More Than One Path To The Top Of The Mountain.”- Miyamoto Musashi, A Book Of Five Rings: The Classic Guide To Strategy
Many experienced traders say that the stiffest challenge you’ll face in becoming a futures trader is conquering your own psyche. Why? Because losing is part of trading, and people hate to lose.
Whether you’re a day trader, a position trader, a spread trader, or an option trader, some of the mental challenges and the questions to go with them are constant:
  • How to examine your patterns and behaviors and recognize when they are holding you back
  • Maintaining self-confidence as a trader even in the face of inexperience
  • The mathematical expectation model and how it can decrease your losses
  • Determining the trading plan that is right for your trading personality
  • Understanding and using Motivation – Risk – Reward to its full advantage
  • Creating effective trading technique strategies
  • Qualities of Successful Traders
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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!
December Cotton developed upside PriceCount objective off the fall lows and been trending higher since. Now the market is taking a shot at the first price objective of 89 cents. It is a normal pattern to see a correction or consolidation if upside PriceCount objective is met.
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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.

 

3b644da2 2bee 4d39 8d98 5208a20bec39
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 February 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

Weekly Newsletter #1132 When do I exit a trade? + Levels for February 6th 2023

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1132

 

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

In this issue:

  • Important Notices – CME Fees Increase
  • Trading Resource of the Week – When to Exit a trade?
  • Hot Market of the Week – April Live Cattle
  • Trading Levels for Next Week
  • Trading Reports for Next Week

 

      • Important Notices – CME to raise fees on certain markets. Both MICROS and emini stock indices are being increased by 5 cents per side. See full list HERE.

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Exiting a Trade might be more important than the entries….
“You Must Understand That There Is More Than One Path To The Top Of The Mountain.”- Miyamoto Musashi, A Book Of Five Rings: The Classic Guide To Strategy
Futures and futures options trading is a challenging activity. Moreso for those traders who look to trading as an occupation. So much thinking, contemplating, planning goes into trading – related to the markets you’re trading, the strategies that get implemented, the possible risk/reward outcomes. For someone new to trading, seeing the sum total of all the parts may be a lot to take in. Veteran traders will tell you the full picture keeps changing and can be daunting often.
When trading goes well, the trader’s energy and overall outlook is powerful, optimistic and energizing for other aspects of life. When trading goes unsuccessfully, most traders feel the pain in many ways outside of the obvious financial consequences.
Whether you’re a day trader, a position trader, a spread trader, or an option trader, some of the mental challenges and the questions to go with them are constant:
  • Where, When and how do I enter a trade?
  • How do I define risk and implement any type of risk control, like placing stop orders, or implementing some sort of option protection?
  • Where and how do I exit a trade, both in the event of a profitable trade and an unsuccessful one?
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 have resumed their rally into new highs. The 2nd upside PriceCount objective is near $165.
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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.

 

3b644da2 2bee 4d39 8d98 5208a20bec39
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 February 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

Weekly Newsletter #1131 Sugar Outlook, Options 101 free course + Trading Levels 1.27.2023

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1131

 

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

In this issue:

  • Important Notices – CME Fees Increase
  • Trading Resource of the Week – Options 101/102 FREE COURSE
  • Hot Market of the Week – March Sugar
  • Trading Levels for Next Week
  • Trading Reports for Next Week

 

      • Important Notices – CME to raise fees on certain markets. Both MICROS and emini stock indices are being increased by 5 cents per side.

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In this FREE Course you will learn:
  • Understanding Options Contract Details
  • Explaining Call Options (Short and Long)
  • The mathematical expectation model and how it can decrease your losses
  • Understanding the Difference: European vs. American Style Options
  • Calculating Options Moneyness & Intrinsic Value
  • Introduction to Options Theoretical Pricing
  • Options on Futures vs. ETFs
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!
March Sugar has revived its rally with the chart poised for potential challenge of the December highs if sustained, would project a run for the low percentage fourth upside priceCount objective near 23 cents.
Futures March Sugar, #SBH23
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
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 January 23rd, 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

What’s left the Last 2 Trading days of the Week & Futures Levels 1.26.2023

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

The Week Ahead

By Mark O’Brien, Senior Broker

 

Grains / Soy complex: For Soybeans and corn interests, many eyes are on South America, where because their crop year runs counter to here in the U.S., large producers like Argentina and Brazil are approaching harvest. Brazil is set for a bumper soybean crop. Argentina is experiencing drought conditions which are more adversely affecting their corn crop than their soybeans. Traders believe the soybean crop can recover more significantly from the heat and drought as compared with the corn crop.

Gold & Silver: precious metals analysts often look to ETF holdings for guidance on gold and silver futures prices, eyeing inflows and outflows for developing patterns. To wit, both gold and silver ETF holdings are sitting above their levels at the start of the year

Energy: Crude oil traded to a 4-day low this A.M. The likely catalyst could be Chinese energy demand, which seems to be linked to COVID infection rates in that country, whish show little signs of peaking yet.  Support at $80.00 per barrel (March contract) looks vulnerable unless we see some confirmation of improving conditions inside China.

Plan your trade and trade your Plan 

 

 

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 01-26-2023

#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.

Weekly Newsletter #1130 Soybean Outlook, Trading During Economic Reports + Levels for January 23rd

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1130

 

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

In this issue:

  • Important Notices – Make 2023 great!
  • Trading Resource of the Week – Trading Around Economic Reports FREE COURSE
  • Hot Market of the Week – November Beans
  • Trading Levels for Next Week
  • Trading Reports for Next Week

      • Important Notices –

Make it a great 2023! Stay disciplined, educate yourself and utilize our FREE valuable resources.

In this “Trading Around Key Economic Reports” FREE Course you will learn:
  • What is GDP?
  • About the Retail Sales Report
  • What is NFP ( non farm payroll) Report?
  • Understanding US housing Data
  • FOMC
  • Understanding Oil Data Report
  • Importance of Consumer Confidence Survey
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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!
November beans broke down its shelf of support this week and activated downside PriceCount objectives in the process. The first count projects a run to the $13.42 area which is consistent with a test of the October lows.
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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.

 

3b644da2 2bee 4d39 8d98 5208a20bec39
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 January 23rd, 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:
3e0f5fcd 512e 4d0f 8fb2 dabc6d0bef7b

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 #1129: Feeder Cattle Spread Idea, MLK Schedule + Trading Levels 1.16.2023

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1129

 

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

In this issue:
  • Important Notices – MLK Trading Schedules
  • Trading Resource of the Week -Moore Research Center Inc.
  • Hot Market of the Week – Feeder Cattle Spread
  • Trading Levels for Next Week
  • Trading Reports for Next Week
Here’s a futures spread idea from our friends at Moore Research ( FREE TRIAL ESPECIALLY for Cannon’s clients and blog readers!).
Buy May ’23 / Sell March ‘23 Feeder Cattle: Outlook
Because food (after 2-3 months, calves are weaned off milk and fed a diet of grain, hay and water) is a primary but fluctuating cost, livestock producers want to feed as many animals as possible when feed is most plentiful. So, cattle feedlot operators replenish their usually low cattle herds in October & November when corn becomes readily available at usually harvest-low prices. Those young animals will gain weight only slowly during winter and typically reach market weight in April. The result is that demand for feeders remains sluggish in March, but surges in May.
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Performance Snapshot
Below is a performance snapshot of the seasonal trend for each of the last 15 years. You can find average gain/loss, best/worst equity (based on one futures spread contract), and more.
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A Cannon broker will be able to assist, provide feedback and answer any questions about spreads, seasonal tendencies, options and MUCH MORE!
Futures trading involves a substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Cannon Trading believes are reliable. We do not guarantee that such information is accurate or complete, and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
SEASONAL TENDENCIES ARE A COMPOSITE OF SOME OF THE MORE CONSISTENT COMMODITY FUTURES SEASONALS THAT HAVE OCCURRED OVER THE PAST 15 YEARS. THERE ARE USUALLY UNDERLYING FUNDAMENTAL CIRCUMSTANCES THAT OCCUR ANNUALLY THAT TEND TO CAUSE THE FUTURES 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. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. RESULTS NOT ADJUSTED FOR COMMISSION AND SLIPPAGE.
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  • Trading Levels for Next Week

Daily Levels for January 16th, 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

Kansas City Wheat Outlook & Trading levels for 01.11.2023

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

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.

New Crop Kansas City Wheat to head lower?? WASDE Thursday may provide more clues.

 

FREE TRIAL AVAILABLE

 

PriceCounts – Not about where we’ve been , but where we might be going next!

 

Please contact a Cannon Broker if you have any questions about trade strategy, set-ups and risk management techniques as we start the new year! Plan your trade and trade your plan.

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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 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 01-10-2023

#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

 

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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 – Hogs Spread Idea, Holiday Schedule + Levels for 12.19.2022

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1126

 

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

In this issue:
  • Important Notices – Holiday Trading Schedules
  • Trading Resource of the Week -Moore Research Center Inc.
  • Hot Market of the Week – ?
  • Broker’s Trading System of the Week
  • Trading Levels for Next Week

  • Important Notices – Christmas and New year’s Trading Schedules

  • Trading Resource of the Week

Here’s a futures spread idea from our friends at Moore Research ( FREE TRIAL ESPECIALLY for Cannon’s clients and blog readers!). This is a calendar spread in lean hogs. Moore Research specializes in seasonal research designed to anticipate future price movement rather than constantly react to an endless stream of news. Like the annual cycle of weather from warm to cold and back to warm, annual cycles in supply and demand can produce seasonal price movement. This calendar spread in lean hogs is an idea in that concept. Retail pork consumption peaks around July/August, at the tail end of the low point in slaughter. With cold storage inventories reduced by end of August and slaughter still low, the market bids October futures higher over April, when stocks near their peak. Contact your Cannon Broker for additional assistance.
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Performance Snapshot
Below is a performance snapshot of the seasonal trend for each of the last 15 years. You can find average gain/loss, best/worst equity (based on one futures spread contract), and more.
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A Cannon broker will be able to assist, provide feedback and answer any questions about spreads, seasonal tendencies, options and MUCH MORE!
Futures trading involves a substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Cannon Trading believes are reliable. We do not guarantee that such information is accurate or complete, and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
SEASONAL TENDENCIES ARE A COMPOSITE OF SOME OF THE MORE CONSISTENT COMMODITY FUTURES SEASONALS THAT HAVE OCCURRED OVER THE PAST 15 YEARS. THERE ARE USUALLY UNDERLYING FUNDAMENTAL CIRCUMSTANCES THAT OCCUR ANNUALLY THAT TEND TO CAUSE THE FUTURES 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. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. RESULTS NOT ADJUSTED FOR COMMISSION AND SLIPPAGE.
368db221 6c82 4b49 9336 1ad2496cfaa4
    • 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 19th

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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:
8783ac7b 9edc 4f28 af83 42f971fcd304

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.