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Market Prep: Last Trading Day of February, March Bitcoin, PCE Report & Key Trading Checklist

Posted on February 27, 2025February 27, 2025 by Jenny Collins

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Different Markets for Day Trading, March Bitcoin

bitcoin

March Bitcoin:

Tomorrow is the last trading day for February. Last and first trading days of the months can at times be more volatile and at times have a chance to become a trending day.

Also tomorrow is PCE ( Personal Consumption Expenditures, an inflation indicator watched closely by the market).

Last but not least if you are trading bonds and ten years, time to trade the June contract.

Day Trading

Trader’s Check List:

· Review prior day statement

· Check for any working orders on your platforms.

· Be aware of contract rollover dates

· Set a daily loss limit and learn NOT to overtrade

· Understand what reports are coming out today

· Make sure you are not distracted

· Calculate appropriate trading size based on current volatility and account size

· Start with Larger Time Frame charts to get proper perspective

· Understand what your goal is

· Measure your success or lack of

· Spend time furthering your trading education and exploring different methods

· Put trading in perspective and make sure the overall psychology of trading fits you.

March Bitcoin

The rally in March bitcoin ran out of momentum, leaving behind an interim top in December. Now, on the correction lower, the chart has activated downside PriceCount objectives. The first count has been completed. IF you can sustain further weakness, the second count would project a possible slide to the 76,000 area..

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Daily Levels for February 28th, 2025

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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

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

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Treasury Bonds & Notes make Bold Moves!

Posted on February 24, 2025February 24, 2025 by Jenny Collins

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Treasury Bonds, Notes

Treasury Bonds & Notes – Different market, different trading environments

Each market has different personality, different behavior along with different times of the day when it is most active. If you are finding that the ES (mini SP) is not giving you enough risk/opportunities, then start monitoring a couple of other markets and perhaps explore them in demo / simulated mode.

There are more than a few markets I think are suitable for day-trading. Below you will find some observations, tips along with what is unique about these markets, personality and most active trading hours.

Interest rates, mostly the ten year and 30-year.

In most platforms, the symbols are ZB for 30-year bonds and ZN for 10-year notes.

Product Symbol

Treasury Bonds

Contract Size

The unit of trading shall be U.S. Treasury Bonds having a face value at maturity of one hundred thousand dollars ($100,000) or multiples thereof

Price Quotation

Points ($1,000) and 1/32 of a point. For example, 134-16 represents 134 16/32. Par is on the basis of 100 points.

Product Symbol

Underlying Unit

One U.S. Treasury note having a face value at maturity of $100,000 < Treasury Bond.

Price Quote

Points ($1,000) and halves of 1/32 of a point. For example, 126-16 represents 126 16/32 and 126-165 represents 126 16.5/32. Par is on the basis of 100 points.

Tick Size

(minimum fluctuation)

One-half of one thirty-second (1/32) of one point ($15.625, rounded up to the nearest cent per contract), except for intermonth spreads, where the minimum price fluctuation shall be one-quarter of one thirty-second of one point ($7.8125 per contract).

Contract Months

The first five consecutive contracts in the March, June, September, and December quarterly cycle.

These contracts are often affected by many of the economic reports that come out at 8:30 Am Eastern and there is very active volume between the hours of 8 am EST and 3 PM EST

Volume on both contracts is very good. Ten years will often have 1 million contracts traded per day (might be the second most active US futures market after the mini SP 500) and the bonds will avg. around 1,300,000 contracts.

These markets can experience very volatile movements during and right after different reports but then will often trade smooth or in an intraday trend the rest of the day.

Another advantage for these markets is that the exchange fees per trade are LOWER than the ones on the stock index futures.

May Sugar Chart for your review below!

May sugar is completing its second upside PriceCount objective to the 19.96 area. It would be normal to get a near term reaction from this level in the form of a consolidation or corrective trade. At this point, if the chart can sustain further strength, the third count would project a possible run to the 21.57 area which is consistent with a challenge of the fall highs.

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Daily Levels for February 25th, 2025

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Market Updates: S&P 500, Crude Oil, and Gold Movements

Posted on February 19, 2025 by Jenny Collins

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The Day Ahead in Futures Trading

by Mark O’Brien, Senior Broker

S&P 500, Gold, Crude Oil

Gold

Bullet Points, Highlights, Announcements

Indexes:

The March E-mini S&P 500 traded within striking distance of its life-of-contract high posted back on Dec. 4th and 6th (6164.00) breaching that price intraday with a 6166.50 print and closing today at 6163.00

Energy:

Oil prices rose on Wednesday, extending gains to a third-consecutive session amid growing supply worries.

March futures for West Texas Intermediate Crude traded briefly above $73.00 per barrel, a ±75 intraday increase and trading up ± 46 cents per barrel at ±$72.31.

If you missed it, EIA Energy Stocks were NOT released today, as is usual. Due to the Presidents’ Day holiday, the report will be release tomorrow, 30 minutes after the EIA Gas Stocks report: 7:30 A.M., Central Time (gas), 8:00 A.M. (energy).

Metals:

Gold prices wavered near unchanged at this blog’s submission after trading ±$15 above and below yesterday’s settlement and near its all-time highs near $2,950 per ounce.

Fueling safe-haven demand for the precious metal, the Trump administration plans to impose tariffs of around 25% on U.S. bound autos and auto-building components, semiconductors and pharmaceuticals as early as April 2.

April gold futures have gained about 12% so far this year, with analysts expecting higher prices in a trade war. On Monday, Goldman Sachs raised its year-end 2025 gold price forecast to $3,100 per ounce.

Daily Levels for February 20th, 2025

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Corn Futures Contract

Posted on February 19, 2025April 20, 2025 by Ilan

The corn futures contract remains one of the most actively traded agricultural commodities in the futures markets. As global demand for corn continues to rise due to its essential role in food production, animal feed, and ethanol production, futures traders seeking profitable opportunities often turn to corn futures as a key component of their portfolio.

10 Essential Tips for Trading Corn Futures in 2025

Understand Supply and Demand Dynamics
Corn prices are highly sensitive to global supply and demand. Factors such as droughts, floods, and geopolitical trade policies can drastically affect supply, while increased biofuel production and livestock feed demand can drive prices higher.
Monitor USDA Reports
The United States Department of Agriculture (USDA) publishes reports such as the World Agricultural Supply and Demand Estimates (WASDE), Crop Progress Reports, and Grain Stocks Reports. These provide valuable insights into corn production, yield forecasts, and potential price movements.
Follow Seasonal Trends
Historically, corn futures contracts tend to follow seasonal price patterns. Prices often drop during harvest (September-November) when supply increases and rise in the planting months (April-May) when weather concerns create uncertainty.
Choose a Reliable Futures Broker
Working with a reputable futures trading broker is essential for executing trades efficiently. Firms like Cannon Trading Company offer a wide selection of futures trading platforms and have a solid track record with 5-star ratings on TrustPilot, making them a great choice for traders of all levels.
Hedge Against Price Volatility
Agribusinesses and institutional investors often use corn futures contracts to hedge against price fluctuations. Understanding how to use these contracts for risk management can provide a strategic edge.
Utilize Technical and Fundamental Analysis
Successful futures traders rely on both technical indicators (such as moving averages and Fibonacci retracements) and fundamental analysis (such as crop reports and geopolitical news) to make informed decisions.
Watch for Inflation and Interest Rate Trends
Economic factors such as inflation and interest rates influence the overall commodity markets. Rising interest rates can strengthen the U.S. dollar, making corn exports more expensive and potentially lowering demand.
Stay Updated on Trade Agreements
Global trade agreements and tariffs, particularly between the U.S., China, and the European Union, significantly impact corn prices. Keeping track of new trade deals is crucial for trading futures successfully.
Consider Algorithmic and Automated Trading
Advanced trading technology has made futures contract trading more accessible through algorithmic and automated trading strategies. Platforms offered by Cannon Trading Company enable traders to execute trades with precision and speed.
Diversify with Other Agricultural Futures
While trading futures in corn can be profitable, diversifying with soybean, wheat, and other crop futures can reduce risk and enhance overall portfolio stability.

Expected Trends for Corn Futures in 2025

Climate Change and Weather Volatility

Extreme weather conditions are expected to continue affecting global corn production. Unpredictable droughts and flooding could lead to significant price swings in corn futures contracts.

Biofuel and Ethanol Demand

The global push for renewable energy sources will likely keep ethanol demand high, increasing the need for corn as a primary biofuel ingredient.

Rising Input Costs

Fertilizer and transportation costs have been climbing, impacting production expenses and potentially pushing corn prices higher in 2025.

Geopolitical Tensions and Trade Policies

The U.S.-China trade relationship remains a key factor. Tariffs or trade barriers could significantly impact corn exports and futures prices.

Key Reports to Monitor for Corn Futures Trading

USDA WASDE Report – Offers supply and demand projections.
Grain Stocks Report – Provides insights into corn inventory levels.
Crop Progress Report – Tracks planting and harvesting progress.
CFTC Commitment of Traders Report – Shows market sentiment among traders.
EIA Ethanol Production Report – Measures ethanol demand, affecting corn consumption.

Historical Performance of Corn Futures and Agricultural Commodities

Historically, corn futures contracts have shown cyclical patterns influenced by weather conditions, government policies, and technological advancements in agriculture. The 2012 drought, for example, caused record-high prices, while increased yields in the following years led to price stabilization. Other crop futures contracts, such as wheat and soybeans, have followed similar trends, often correlating with corn prices due to their shared agricultural and economic factors.

Why Choose Cannon Trading Company for Futures Trading?

For traders looking to engage in futures contract trading, selecting a reputable futures trading broker is essential. Cannon Trading Company stands out for several reasons:

Top-Performing Trading Platforms: Offering a range of advanced platforms for both beginner and experienced futures traders.
Decades of Experience: With a long history in the futures trading industry, Cannon Trading provides expert guidance.
Outstanding Customer Support: Rated 5 out of 5 stars on TrustPilot, the firm is recognized for its commitment to client satisfaction.
Regulatory Compliance: Fully compliant with NFA regulations, ensuring transparency and security for trading futures.

The corn futures contract presents numerous opportunities for profit in 2025. By staying informed on market trends, monitoring key reports, and partnering with a reputable futures trading broker like Cannon Trading Company, traders can navigate the complexities of futures contract trading with confidence.

For more information, click here.

Ready to start trading futures? Call us at 1(800)454-9572 – Int’l (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

Dollar Index Eyes 105.47 as Economic and Geopolitical Risks Mount

Posted on February 18, 2025February 18, 2025 by Jenny Collins

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dollar index

Movers & Shakers by John Thorpe, Senior Broker

Dollar Index Eyes 105.47

Movers and Shakers : QUIET Econ data and fed speak tomorrow

Market volatility is here to stay for the foreseeable future

Choose your opportunities wisely.

Updated: February 18, 2025 2:01 pm

Russia – Ukraine War Update

–Ukraine’s military said Russia launched a barrage of 147 attack drones against Ukraine overnight. Out of this, the Ukrainian Air Force reported shooting down 83, while 59 did not reach their targets. Several storage facilities and private residences were reported damaged.

–The Caspian Pipeline Consortium said that Ukrainian drones hit one of its major oil pipelines in southern Russia’s Kropotkinskaya pumping station in the Krasnodar region, affecting supply from neighbouring Kazakhstan.

–Ukraine’s Security Service claimed responsibility for the attack on the oil pipeline and said that Moscow’s Ilsky oil refinery in Krasnodar was also hit, with at least 20 explosions heard in the area.

–Russia’s Defence Ministry said its forces captured the settlement of Fyholivka in eastern Ukraine’s Kharkiv region. A second announcement later said that the village of Sverdlikovo in Russia’s Kursk region was taken back from Ukraine’s forces.

–US Secretary of State Marco Rubio travelled to Saudi Arabia in advance of planned peace talks between United States and Russian officials over the war in Ukraine.

–Kremlin spokesperson Dmitry Peskov confirmed that Russia would be represented by Foreign Minister Sergey Lavrov and foreign policy director Yuri Ushakov at the meetings with the US in Riyadh.

–Peskov also said that Russian officials would talk with US counterparts about restoring ties, negotiating a peaceful settlement to the war in Ukraine and preparing a meeting between Russian President Vladimir Putin and US President Donald Trump.

–The Kremlin said any plans to deploy European peacekeeping troops after Kyiv and Moscow strike a peace deal would make the matter complex.

–French President Emmanuel Macron hosted an emergency meeting with leaders from key European Union nations at the Elysee Palace in Paris to discuss the EU’s reaction to Washington’s peace talks with Moscow.

–Hungary’s Foreign Minister Peter Szijjarto told a media briefing that the Paris meeting, to discuss the US’s policy shift towards Moscow in its war on Ukraine, would be an attempt to prevent peace. -unlike them, we support Donald Trump’s ambitions; unlike them, we support the US-Russian negotiations; unlike them, we want peace in Ukraine,- Szijjarto said.

–Russia’s Lavrov asked why Europe should be invited to join talks on a peace settlement in Ukraine if European politicians want the war to carry on. He also said Russia would not even consider territorial concessions to Ukraine in future peace talks.

–The spokesperson for Ukrainian President Volodymyr Zelenskyy, Sergii Nykyforov, said that the Ukrainian leader would travel to Saudi Arabia on a long-planned visit the day after the meeting between Russia and US officials wraps up.

–The Ukrainian leader also said he would not recognise any outcome of the Washington-Moscow talks in Saudi Arabia that did not involve Kyiv.

–Zelenskyy met with the United Arab Emirates’s Sheikh Mohamed bin Zayed Al Nahyan during a visit to the UAE, where Sheikh Mohammed reportedly committed to supporting efforts for a peaceful resolution to the war and continuing initiatives to ease the humanitarian impact.

–Zelenskyy is now in Turkiye to meet with President Recep Tayyip Erdogan to discuss prisoner exchanges between Ukraine and Russia.

-The Dollar Index Eyes 105.47.

Tomorrow:

FOMC Minutes
Housing Starts
NO Crude Oil Numbers ( pushed to Thursday)

March US Dollar Index

The March dollar index negated its original downside PriceCounts off the January high early this month. Now, the chart has activated fresh counts off the larrger leg where the first count projects a run to the 105.47 area. It would take a trade below the November reactionary low to formally negarte the remaining unmet upside objectives.

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Daily Levels for February 19th, 2025

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All times are Eastern Time (New York)

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Stock Futures suffer Eye-Opening Tumble as CPI Exceeds Expectations

Posted on February 12, 2025 by Jenny Collins

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Trading in Front of Reports – Like Today’s CPI – Stock Futures – a Word to the Wise

by Mark O’Brien, Senior Broker

This morning the Bureau of Labor Statistics released its scheduled Consumer Price Index and to the market’s surprise, it jumped more than anticipated, showing a higher-than-expected 0.5 percent increase from December. It was the fastest monthly increase since August 2023.

Stock Futures

The reaction by the major stock futures contracts was immediate and pronounced. Within a single minute of the report’s release, the E-mini Dow Jones stock futures contract dropped over 400 points, the E-mini S&P 500 stock futures contract dropped 60 points, a $3,000 move and within that same minute the E-mini Nasdaq stock futures contract dropped 311 points, a $6220 move.

CPI

CPI is one of several regularly scheduled reports that can have an impact on the futures markets. There are many such reports on things like crude oil stocks, crop conditions, interest rate decisions and several that look at aspects of the economy.

They all can impact related futures markets’ movement, even if for a span of time as short as a minute.

So, it’s important for traders to take care when trading into an approaching report, as well as afterwards if volatility continues. Even if you’re incorporating STOP orders to offset a position going into a report’s release, fast markets can “jump” over your STOP price and leave your trade exposed to further risk.

1 minute chart from this morning for illustration purposes below!

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Daily Levels for February 13th, 2025

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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

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Market Movers This Week: Options on Futures, Grains, Hedging, Powell Testimony, CPI & PPI, WASDE, and Earnings Reports

Posted on February 7, 2025February 7, 2025 by Jenny Collins

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Cannon Futures Weekly Letter

In Today’s Issue #1229

1099’s Are Available
The Week Ahead –
Futures 102 – Hedging With grains, Options on Futures
Hot Market of the Week – April Hogs
Broker’s Trading System of the Week – ES intraday System
Trading Levels for Next Week
Trading Reports for Next Week

1099’s:

1099 forms will be generated for all futures trading accounts held by US clients that placed any trades during the 2024 calendar year. Traders should expect to receive their 1099 forms via mail, email or through their portal in early February.

· 1099 forms will be provided directly from the FCM to the client.

· To login and retrieve your 1099 for your Cannon account via StoneX click here

· To login and retrieve your 1099 for your Cannon account via Ironbeam click here

· To login and retrieve your 1099 for your Cannon account via Dorman click here

For any other FCM’s please contact your broker directly.

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

Humphrey Hawkins Testimony week, Fed Chair Powell gives testimony to the Senate Banking Committee beginning @ 9:00 am CST Tuesday the 11th, Wednesday he walks over to the House Financial Committee and answers questions for the congressional body. CPI,PPI! WASDE week! + 5Fed Speakers, 1000’s of midcaps reporting past earnings and future guidance.

Economic releases are relatively light this week with one exception: Consumer Price Index (CPI) pre-market Friday. The Fed Speakers will be at the podium for the foreseeable future as we don’t have another Fed rate decision until late March.

Earnings Next Week:

Mon. McDonalds
Tue. Coca-Cola, Softbank
Wed. Cisco
Thu. Applied materials
Fri. Quiet

FED SPEECHES:

Mon Quiet
Tues. Hammock 7:50 CST, Chair Powell Testimony 9amCST, Bowman and Williams 2:30pmCST
Wed. Chair Powell Testimony 9am CST, Bostic 11:00 am CST, Waller 4:05PM,
Thu. Quiet
Fri. Quiet

Economic Data week:

Mon. Consumer inflation expectations
Tue. WASDE Ag Numbers 9amCST, NIFB Optimism index
Wed. CPI
Thur. Initial Jobless Claims, PPI
Fri. Retail Sales, Capacity Utilization, Business Inventories

Futures 102: Hedging Grains with Options on Futures

Course Overview

Gain an understanding of how buyers and sellers of grains and oilseeds utilize futures and options to hedge their position to manage price risk. This course will enhance the hedger’s understanding of the different strategies available as well as how the basis affects prices.

Start Now

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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 and options on futures needs.

Free Trial Available

December 25 Corn

April Hogs satisfied a second upside PriceCount objective before turning sideways with a range bound trade. At this point, IF the chart can resume its rally with new sustained highs, the third count would project a potential run to the 100.96 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.

Brokers Trading System of the Week

With algorithmic trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker’s choice for this month.

ES NZL

PRODUCT

Mini SP500

SYSTEM TYPE

Day Trading

Recommended Cannon Trading Starting Capital

$36,000

COST

USD 199 / monthly

Get Started

Learn More

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Would you like to get weekly updates on real-time, results of systems mentioned above?

Yes

Trading Levels for Next Week

Daily Levels for February 10, 2025

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Trading Reports for Next Week

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

www.mrci.com

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US January Non-Farm Payroll Report: Key Forecasts and Market Impact

Posted on February 6, 2025 by Jenny Collins

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NFP Tomorrow – Non Farm Payrolls Tomorrow

Non Farm Payrolls

US January Non-Farm Payrolls data will be released Friday morning at 7:30 am CT. Economists are forecasting non-farm payrolls +170,000 compared to the previous month’s +256,000. The January jobless rate is expected at 4.1%, unchanged compared to the previous month. Average hourly earnings are expected up +0.3% month over month.

With Non-Farm Payroll coming in tomorrow, We suspect a busy, volatile Friday as other reports and speakers will be out. Make sure to check calendar below.

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Daily Levels for February 7th, 2025

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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time ( New York)

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Market Watch: Record Highs in Gold & Coffee, Oil Retreats Amid Trade Concerns

Posted on February 5, 2025February 5, 2025 by Jenny Collins

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New all-time highs in Gold!

Futures Markets Highlights by Mark O’Brien, Senior Broker

General:

The big one! It’s that time of the month again: we’re a couple of days from when the Labor Dept. releases its monthly Non-farm payrolls report.  It’s widely considered to be one of the most important and influential measures of the U.S. economy and the report is released at 7:30 A.M., Central Time on the first Friday of the month.

Softs

New all-time highs in coffee! The relentless coffee price rally continued today as the March futures contract on the ICE exchange hit a new intra-day record above $4.00 per pound on extremely tight supplies and fears over the outlook for the coming crop. High: $401.10, settle: $397.75

The ICE coffee futures contract is considered the benchmark to price deals around the world and has moved up more than 15% this year.

Energy:

Crude oil futures were in retreat on broader demand concerns, tit-for-tat import taxes between the U.S. and China and the prospect of an extended trade war with China, Mexico, Canada and more broadly. Prices already were on the defensive after the EIA revealed U.S. commercial crude oil inventories soared by 8.7 million barrels from the previous week.

Closing at $71.03 per barrel today, the March contract is down over $7.00 per barrel ±10% in two weeks

Not “plugged in” to crude oil? There are three different futures contracts to trade West Texas Intermediate crude oil Traded on the CME Group’s NYMEX, the WTI crude futures contract is the largest energy futures contract in the world by volume.

Metals:

New all-time highs in gold! April gold futures – the most-active futures contract – hit a new all-time high – breaching $2,900 per ounce intraday as the dollar pushed lower. The ongoing sentiment among traders: concerns over the new U.S. administration’s tariff measures. Investors are increasingly turning to gold as a store of value amid fears of potential economic slowdowns, inflationary pressures, and trade disruptions. April gold settled up 2.7% at $2,893.00 per ounce, marking a 2.7% gain for the day and reinforcing gold’s strong upward momentum in the face of ongoing market volatility.