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Category: S&P 500

Unleashing the Potential: Trading S&P Futures with Cannon Trading Company

Posted on by Cannon Operations

Learn more about trading S&P Futures here.

When it comes to trading S&P futures, having the right partner can make a significant difference in your trading success. Cannon Trading Company has emerged as a reputable brokerage firm with a strong track record and a range of services tailored for traders interested in S&P futures. In this article, we will explore the reasons why trading S&P futures with Cannon Trading Company can be a wise choice, highlighting their expertise, cutting-edge technology, personalized support, and commitment to client satisfaction.

  1. Expertise in S&P Futures:
    Cannon Trading Company has established itself as a leading brokerage firm with extensive expertise in trading S&P futures. With years of experience in the industry, their team of professionals possesses in-depth knowledge of the S&P 500 index and the intricacies of trading futures contracts. This expertise allows them to provide valuable insights, market analysis, and trading strategies specific to S&P futures, empowering traders to make informed decisions and maximize their trading potential.
  2. Advanced Technology and Platforms:
    Cannon Trading Company understands the importance of advanced technology in today’s fast-paced trading environment. They offer cutting-edge trading platforms, such as CannonPro, championed by Cannon Trading Company brokers and clients alike for its reliability, speed, and comprehensive charting capabilities. CannonPro provides traders with access to real-time market data, advanced order types, customizable indicators, and automated trading systems, empowering them to execute their S&P futures trading strategies efficiently and effectively.

    III. Personalized Support and Education:

    One of the key advantages of trading S&P futures with Cannon Trading Company is their commitment to personalized support and education. They prioritize building strong relationships with their clients and offer dedicated support throughout the trading journey. Their team of knowledgeable brokers is readily available to assist traders with any questions, concerns, or technical issues they may encounter. Furthermore, Cannon Trading Company provides educational resources, including webinars, tutorials, and market commentaries, to help traders enhance their understanding of S&P futures and refine their trading skills.

  3. Wide Range of Trading Tools and Services:
    Cannon Trading Company goes beyond providing access to S&P futures markets by offering a wide range of trading tools and services. They offer comprehensive research and analysis tools, including market reports, technical analysis, and economic calendars, to help traders stay informed and make well-informed trading decisions. Additionally, Cannon Trading Company provides access to historical data, risk management tools, and order execution services, enabling traders to manage their positions effectively and optimize their trading strategies.
  4. Competitive Pricing and Low Costs:
    Cost-efficiency is a crucial consideration for traders, and Cannon Trading Company understands this. They strive to offer competitive pricing and low costs, ensuring that traders can execute their S&P futures trades with minimal expenses. By providing access to tight spreads, competitive commissions, and low margin requirements for day traders, Cannon Trading Company aims to enhance traders’ to succeed and create a favorable trading environment.
  5. Commitment to Client Satisfaction:
    Cannon Trading Company places a strong emphasis on client satisfaction and aims to build long-term relationships with their traders. They prioritize transparency, integrity, and reliability in their operations, ensuring that traders can trust their services and have peace of mind while trading S&P futures. Cannon Trading Company’s commitment to client satisfaction is evident through their responsive customer support, user-friendly platforms, and continuous efforts to meet the evolving needs of traders.

When it comes to trading S&P futures, partnering with a reputable and experienced brokerage firm is essential for success. Cannon Trading Company offers a range of compelling reasons to choose them as your trading partner. With their expertise in S&P futures, advanced technology and platforms, personalized support, comprehensive trading tools and services, competitive pricing, and unwavering commitment to client satisfaction, they provide a robust trading environment for S&P futures traders.

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

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

Futures Trade Alerts you can PLUG in Sierra Charts + Trading Levels 4.21.2023

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

July is front month for GRAINS and SOFTS.

Flash PMI tomorrow.

Would you like to try the signals below on your own charts? The below is ES 10,000 volume chart from today’s session.

Get your FREE TRIAL today.

 

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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 NO INVOLVE FINACIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETLEY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO 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.

 

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 04-21-2023

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

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1137

 

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

In this issue:

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

 

  • Important Notices – Rollover

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

 

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

  • Trading Levels for Next Week

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

Weekly Levels

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  • Trading Reports for Next Week

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

Markets Post FOMC + 02.02.2023 Trading Levels

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

 

 

What to Expect the Last Two Trading Days of the Week

By Mark O’Brien, Senior Broker

General: albeit the eighth straight interest rate hike by the Federal Reserve since last March, today’s 25-basis point increase was the smallest move of the streak – with its target range now set to 4.5 – 4.75 percent. In its policy statement, Central Bank officials signaled that while “inflation has eased somewhat,” the fight against inflation has not come to an end and that the Fed “will stay the course until the job is done.” Translation: more hikes are on the way.

 

Yesterday, the International Monetary Fund raised its 2023 global growth outlook slightly, from their last projected contraction to 2.9% form 2022, to a slightly less discouraging 2.7%. They pointed to “surprisingly resilient” demand in the United States and Europe, an easing of energy costs and the reopening of China’s economy after Beijing abandoned its strict COVID-19 restrictions.

 

Tomorrow the European Central Bank will meet to determine their own next move in that region’s battle against inflation. They’re almost certain to notch rates up another 50 basis points up to 2.5 percent on their deposit facility, as it’s termed. And similar to the attention paid to Fed chair Jerome Powell’s words, all ears will be honed in on ECB President Christine Lagarde’s communications on the central bank’s guidance and future decisions.

 

All this is taking place amidst the backdrop of slight improvements in U.S. and Chinese economic expectations. One could make the case that the green shoots indicating signs of improvement for the economy mentioned in the Jan. 18 blog at the very least haven’t withered.

 

And speaking of not withering, while the outlook for the South American soybean crop remains a concern, traders have started removing the weather premium from prices.

 

This could contribute to an asset-wide decline in volatility and leave markets prone to trending – up or down.

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

 

Chart below 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

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

March mini SP 500 possible PriceCounts Scenario below

 

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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.

 

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 02-02-2023

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

 

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Economic Reports, Source: 

Forexfactory.com

 

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

Weekly Newsletter #1127 Happy New year!+ Levels for January 3rd, 2023

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1127

 

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

In this issue:
  • Important Notices – Holiday Trading Schedules
  • Trading Blessing for the 2023
  • Make 2023 Your Best Trading Year Yet!
  • Broker’s Trading System of the Week – Mini SP Day Trading System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

    • Important Notice – New year’s Trading Schedules

CME GLOBEX New Year's 2023 Holiday Schedule

    • Trader’s Blessing for the 2023

Wishing ALL of you a happy, healthy and successful New Year!
The Trader’s Prayer
May I never be facing north when the markets headed south, and may locked limit always be on my side. 🤜🏼
May the money left on the table be someone else’s and may my pockets be deeper than the correction.
✋ May I always be 5 minutes ahead of the market, And may my order have a clear path to the pit (electronic exchange now days….).
✋ And if this one is a winner, I swear I quit!
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      • Make 2023 Your Best Trading Year Yet – Walk before you run

        By Cannon Trading staff
The image of a successful futures trader is that of a lone wolf surveying the landscape looking for an opportunity to attack and seize quick and substantial profits. We all know about the potential for making a fortune in the futures markets. Yet, few do so. Why is that? What are some of the common pitfalls that prevent this dream from becoming a reality for most futures traders?
One of the most prevalent misconceptions for inexperienced futures traders is that they believe themselves to be smarter than the rest of the commodities market participants. They underestimate the qualifications and abilities of the rest of the futures markets professionals. This business of commodities trading is dominated by very dedicated, resourceful professionals who have invested lots of time and assets into their pursuit of trading futures profits. Competing against these seasoned professionals is not impossible but going at it alone, especially initially, is usually not the most prudent course of action for new futures traders.
When we were children, we learned to walk before we learned to run. This is true for most of our life experiences. We played t-ball before we played baseball. We took lessons from Arthur Murray before we entered dance competitions. We watched cooking shows or read cookbooks before we attempted to deep fry our first turkey. So, why do so many novice futures traders think that they should enter into the world of futures trading without the support of an experienced futures broker? Why, armed with their computers and quote systems do they think that they are equipped to go it alone and be successful? It isn’t logical. It goes counter to our collective life experiences.
If your goal is to trade futures/commodities independently, why not do so after acquiring valuable experience and insight by working with a seasoned professional futures broker? Someone who is already fully engaged in the futures markets. Why not begin by using a mentor, a teacher, an advisor who can supply ideas, guidelines, disciplines, and insights that the novice trader could not otherwise be exposed to? We all learned to drive with the help of an instructor, why not approach the commodities markets in a similar fashion? Your hard-earned capital is at stake. Getting an education can be a very expensive process, especially in the futures trading business. Why not take advantage of the help offered by an experienced professional? Help like this can shorten a new futures trader’s learning curve and reduce the cost of his or her tuition for this education.
It is true that not all commodities brokers are quality teachers or mentors. The futures trader must choose his or her mentor carefully….just as one does when choosing a lawyer, doctor, or accountant. The futures brokers at Cannon Trading as a group are among the finest professionals that you will find anywhere in the futures trading world. The management at Cannon Trading has chosen these brokers prudently and after much scrutiny. This is evidenced by the impressive record of professional business conduct for the past 30 years by Cannon’s brokers. This record can be reviewed by going to www.nfa.futures.org ( the National Futures Association) website and comparing Cannon Trading versus other futures brokerage firms. You will be impressed.
Professional athletes use sports psychologists. Boxers use corner men. Graduate students study under the guidance of their professors. Professional singers utilize vocal coaches. Shouldn’t you as a futures trader avail yourself of the same sort of support that successful people in all of these endeavors use? Take full advantage of all of the tools available to you in your quest for trading profits.
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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
$15,000
COST
USD 130 / monthly
39ef639a 6bba 45df a1cc ea413c26cf37
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.
d347cbd2 71ac 4084 9e54 fee208eccca3

  • Trading Levels for Next Week

Daily Levels for January 3rd, 2022

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Weekly Levels

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  • Trading Reports for Next Week

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

Veterans Day, Price Banding + Trading levels for 11.11.2022

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

This morning at 7:30 A.M., Central Time / 5:30 A.M., Pacific Time, the Bureau of Labor Statistics released its Consumer Price Index Report, which measures the prices paid by consumers for a basket of consumer goods and services.  Instantly, stock index futures experienced EXTREME volatility.  The E-mini $5 Dow Jones futures contract (YMZ22) jumped ±500 points (a ±$2,600 per contract move) in less than 10 seconds. The E-mini S&P 500 futures contract (ESZ22) jumped ±100 points (a ±$5,000 per contract move) within that same short span of time.

What happened?  We wrote about this topic in detail a few weeks ago.  Read More!

If you are a day trader, make sure to check your calendar for when these important reports will occur.  Not being prepared may result in severely consequential results for your trades and your account.

Check out the 10-second chart below showing today’s market movement.

Also tomorrow is Veteran’s Day.   While banks are closed, the futures markets will be open regular hours.

Plan your trade and trade your plan.
#ES, Mini S&P Chart
Mini S&P 10 Second Chart

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 11-11-2022

#goldfutures #sp500futures #crudeoilfutures # nasdaqfutures #dowfutures #futurestrading #futuresbrokers
SP500 #ES_FNasdaq100  #NQ_FDow Jones  #YM_FMini Russell #RTY_FBitCoin Index #BRTI SP500 Dec. Gold #GC_F Dec. Silver #SI_F Oct. Crude Oil #CL-F Dec. Bonds  #ZB_F Dec. 10 yr  #ZN_F Dec. Corn #ZC_F Dec.  Wheat #ZW_F Nov. Beans #ZS_F Dec. SoyMeal #ZM_F Oct. Nat Gas #NG_F Dec. Coffee #KC_F Dec. Cocoa #CC_F October Sugar #SB_F Dec. Cotton #CT_F Sept.  Euro Currency

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 1118: Try our In-House Created Family of Technical Studies+ Levels for October 10th 2022

Posted on by Ilan

Cannon Futures Weekly Newsletter Issue # 1118

Dear Traders,

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

Try our in-house created family of technical studies

  • Identify BUY and SELL signals
  • Plug into your own charts
  • Select your own market and timeframe
Free 3-week trial includes video tutorial and 23-page PDF e-book, explaining the studies’ approach and how to apply them to your trading.
Approach focuses on counter-trend and trend following price action and trade management.
Examples from today’s session using the E-mini SP500 chart below for your review. This is a 10,000 volume chart right before and after the NFP report.
Emini S&P 500 Volume Bar Chart 10,000 contracts
#ES

 

The above chart is an example of mostly “good signals”. Like any other concept, this model has “failed signals” as well and it is always MUCH easier to explain and review any method looking back after the fact then when one is trading live money in real time. Please read disclaimer below as it is VERY appropriate.
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 NO INVOLVE FINACIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETLEY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO 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.
signals 1
Futures Trading Videos:
1. Identifying Support And Resistance Using A Line Chart.
2. Finding Levels of Support Resistance
3. Day Trading crude oil futures using fear and greed….
Would you like to get daily support & resistance levels?
Yes
S
No
Good Trading

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

Futures Trading Levels

10-10-2022

#goldfutures #sp500futures #crudeoilfutures # nasdaqfutures #dowfutures #futurestrading #futuresbrokers
SP500 #ES_FNasdaq100  #NQ_FDow Jones  #YM_FMini Russell #RTY_FBitCoin Index #BRTI SP500 Dec. Gold #GC_F Dec. Silver #SI_F Oct. Crude Oil #CL-F Dec. Bonds  #ZB_F Dec. 10 yr  #ZN_F Dec. Corn #ZC_F Dec.  Wheat #ZW_F Nov. Beans #ZS_F Dec. SoyMeal #ZM_F Oct. Nat Gas #NG_F Dec. Coffee #KC_F Dec. Cocoa #CC_F October Sugar #SB_F Dec. Cotton #CT_F Sept.  Euro Currency

Weekly Levels

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

https://mrci.com

Date Reports/Expiration Notice Dates
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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

Anticipated PPI Report Tomorrow + Future Trading Levels 9.14.2022

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

CPI report lived up to the hype!  MAJOR volatility in speed and magnitude of the move!

The Mini SP 500, one of the most liquid markets in the world, sold off over 100 points in less than 1 minute!!

Traders “pulling out the bids” ahead of the report as well as the fast move caused many stop orders to get rejected!!

How can that be?

When impactful economic reports are released, we expect large , violent price swings. which may leave your open positions unprotected , even with stop orders. What creates the volatility? people cancel their bids and offers making for large orders, that would easily be absorbed by the market during normal conditions moving the market precipitously in either direction. As a result, the exchange wants a “balanced order book and created a Price band within which reasonable orders will be maintained, but if the market moves outside the band within seconds those orders are cancelled and not longer working, just like a stop with a limit would function.

We will expand on this topic in depth on tomorrows blog.

PPI tomorrow….Today was one of the highest volume days in recent month for stock index futures.

Below a 10 second chart of the ES from today! Click image to enlarge. A move of almost $6,000 in 45 seconds!

Stock Index futures are entering the “rollover period”.

December is now the front month/ higher volume.

September will expire this coming Friday at 8:30 Am Central time.

E-Mini S&P 500 Daily Chart

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

09-14-2022

#goldfutures #sp500futures #crudeoilfutures # nasdaqfutures #dowfutures #futurestrading #futuresbrokers
 SP500 #ES_FNasdaq100  #NQ_FDow Jones  #YM_FMini Russell #RTY_FBitCoin Index #BRTI SP500 Dec. Gold #GC_F Dec. Silver #SI_F Oct. Crude Oil #CL-F Dec. Bonds  #ZB_F Dec. 10 yr  #ZN_F Dec. Corn #ZC_F Dec.  Wheat #ZW_F Nov. Beans #ZS_F Dec. SoyMeal #ZM_F Oct. Nat Gas #NG_F Dec. Coffee #KC_F Dec. Cocoa #CC_F October Sugar #SB_F Dec. Cotton #CT_F Sept.  Euro Currency

 

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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.

WYNTK before trading tomorrow, Sept. 7th Futures Trading Levels

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

Short trading week ahead as we come back after Labor Day long weekend.

Keep in mind that crude oil inventories will come out Thursday instead of the regular Wednesday release.

Natural gas continues to be volatile dropping over 8.5% today!! almost $7600 per ONE contract.

British pound held nicely compare to the other currencies as UK welcomed a new Prime Minister.

Stock index futures experienced VERY choppy action on higher than avg. volume today, the day after a long weekend.

Daily chart of the mini SP 500 ( ESU22) for your review below, notice market is hanging right above FIB support level:

Mini S&P Daily Chart

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

09-07-2022

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Improve Your Trading Skills

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


Economic Reports, Source: 

Forexfactory.com

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

VIX Stock Index Trading Signals & Support and Resistance Levels 7.22.2021

Posted on by Ilan

Dear Traders,

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VIX Stock Index Trading Signals

by Gabe Velazquez of www.TransparentTradingSolutions.com. For free trial to the room and more information, contact your broker.
Over the last several months, two of the major stock averages (the S&P 500 and Nasdaq 100) have been on a relentless upward trajectory. This has occurred as the VIX (S&P 500 Volatility Index) has remained elevated relative to its historical levels. In past bull markets, the VIX (which many refer to as the fear gauge) has traded in the low teens and even dropped to single digit readings during strong advances in the stock market. So why is this time different? More importantly, can we use the VIX to increase our odds of timing long and short entries in the S&P 500 and Nasdaq futures? I believe the answer is yes.
First, A quick definition of the VIX: It is an index that measures the premium of at-the-money Calls and Puts on the Cash S&P 500 going out one month in duration. Some market participants utilize options (because of their leverage component) to hedge long only portfolios. For that reason, when the stocks come under pressure, the demand for this protection increases and thus premiums (the cost to buy options) increases. Simply, there is an inverse correlation between the VIX index and stocks. As stocks drop, the VIX will rise and vice-versa.
Now that we have a better understanding of how the VIX works, let’s look at a 4 hour chart going back 2 months. In it, we can see that it has formed a clearly defined range between 15 on the lower band and 21 on the high extremity. If you look at a chart of the S&P 500 futures you will notice that on every corrective (drop) in this index over the last 2 months, the VIX has rallied up to 21. Additionally, note that when the VIX fails to move above this level, the ES (S&P 500 futures) stops falling and usually finds buyers. Conversely, when stocks advance, and the VIX stays above 15, stocks generally pause or struggle to have any meaningful move higher.
VIX article 7 14 21 1
ES article 7 14 21
Of course, this range will not persist indefinitely, as these patterns never do. However, I believe we can glean useful information from this environment. Can we surmise that a break above the recent range in the VIX implies more selling (bearish) implications? Separately, a break below the key 15 level may insinuate that institutional investors feel more comfortable lifting their hedges, thus leaving more room for stocks to rally in the short-term.
We can never rely on one single indicator to buy or sell, but as traders, we always need to seek an edge. Perhaps this can give you a different way to look at the markets. More importantly, by monitoring the VIX relative to what options traders and institutions are doing to hedge their portfolios, my hope is that it can help you make better trading decisions.
Until next time, I hope everyone has a great trading week.
Gabe
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.
Trading 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.

Good Trading

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

 

Futures Trading Levels

7-22-2021

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Economic Reports, source: 

 www.BetterTrader.co

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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable but are not guaranteed as to the 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.