Open An Account
Free Demo Account Subscribe Here

Category: Trading Guide

Trading guide, as you can understand from the term, is a compilation of tips and tricks that can help you in trading. Whether you are new to the world of trading or are an expert in it, a trading guide is a very useful document.

Moreover, every trading guide has a specific purpose. So, if you are thinking about trading, a trade guide will serve you like a self-help manual. So, whether it is about trading options, metals, grains or any other futures contract– a trading guide has all the information in it.

You don’t need to buy one, for you will able to find a number of them online. We at Cannon Trading help you make the most of your trading ventures. Therefore, we have compiled some of the best trading guides for you to learn from. Listed under this category archive are some trade guides using which you can use to help you succeed in many trading ventures. There is enough information in these guides that can help you master the art of trading futures and options smartly.

Treasury Liquidity Drain PLUS: CannonEdge Snapshot, Cannon FUTURES ACADEMY, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on July 29th, 2026

Posted on July 28, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	3966.37	3996.23	4040.97	4070.83	4115.57
Silver (SI) — Sept. (#SI)	55.73	56.56	57.69	58.52	59.65
Crude Oil (CL) — Aug (#CL)	75.08	77.04	79.73	81.69	84.38
Sept. Bonds (ZB) — Sept. (#ZB)	109 24/32	110 9/32	110 20/32	111 5/32	111 16/32

Treasury Liquidity Drain

By Eli Levy, Senior Analyst & Series 3 Broker

CANNON FUTURES ACADEMY

Lesson · Market Mechanics Series

The Cushion Is Gone

How to Read a Treasury Liquidity Drain — and Tell When It Actually Bites

Eli G Levy · Cannon Trading Company · eli@cannontrading.com

A Cannon Futures Academy teaching note. Worked example uses the settlement week of July 28–31, 2026.

What you’ll learn in this lesson

By the end you’ll be able to do four things that most traders skip. First, read a Treasury settlement calendar and know why the giant “gross” headline is usually noise. Second, find the net new cash — the number that actually pulls money out of the market. Third, check the liquidity cushion that decides whether a drain bites or just sits on the schedule. Fourth, watch the two plumbing signals that confirm, in real time, whether reserves are getting scarce.

Why a futures trader should care

You trade the index, the note, the curve — not the banking system’s balance sheet. So why spend a lesson on Treasury settlements? Because the amount of cash sloshing around the financial system is the tide that every risk asset floats on. When that tide runs out faster than it comes back in, equity-index futures, rate futures, and funding-sensitive trades all feel it — sometimes as a grind lower, sometimes as a sharper move into month-end when funding is already tight.

The trap is that this topic is surrounded by scary headlines that are mostly wrong. Every few weeks someone circulates the same warning: the Treasury is about to settle a huge slug of debt, liquidity will be “drained,” and stocks should feel it. The number quoted is almost always the big, alarming one — and almost always the wrong one. This lesson gives you a simple, repeatable framework so you can look at the same headline and calmly separate the part that matters from the part that doesn’t.

FINISH READING BELOW

Expand Your Trading Arsenal Now!

Cannon Edge — Your Daily Futures Snapshot for July 29th

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

· Current price and daily % change

· 30‑day and 52‑week highs/lows

· PROPRIETARY Short‑term and long‑term trend signals

· Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQG.

Daily Levels for July 29th, 2026

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

Find us on Trustpilot

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

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

Trading 102: Single Stock Futures (SSF) PLUS: Red Sea, FOMC, and Earnings; Futures 102, Dollar Index Chart and Outlook, CannonEdge Snapshot, Levels, Reports; Your 7 Important Can’t-Miss Need-To-Knows for Trading Futures the Week of July 27th, 2026

Posted on July 24, 2026 by Cannon Operations

Cannon Futures Weekly Letter

In Today’s Issue #1300

The Week Ahead – Red Sea, FOMC & Earnings
Trading 102: Single Stock Futures (SSF)
Futures 102 – The Daily Briefing – What the Pros Know Before Trading
Dollar Index Chart & Outlook
Cannon Edge – Your Futures trading Map for the week ahead!
Trading Levels for Next Week
Trading Reports for Next Week

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	3994.27	4025.73	4055.47	4086.93	4116.67
Silver (SI) — Sept. (#SI)	56.45	57.46	58.38	59.39	60.31
Crude Oil (CL) — Aug (#CL)	85.00	87.48	90.15	92.63	95.30
Sept. Bonds (ZB) — Sept. (#ZB)	108 30/32	109 11/32	109 23/32	110 4/32	110 16/32

What Futures Traders Should Watch This Week

Earnings, Stocks, Fuel, Single Stock Futures (SSF)

By Mark O’Brien, Senior Broker

This week (July 27th – July 31st), earnings season will see a bonanza of mega-cap reports, particularly in the closely-watched energy and tech. sectors. Meta, Amazon, Apple and Microsoft all report next week, as do energy giants Chevron, Exxon and Shell.

Also on the docket: Kevin Warsh will chair his second FOMC meeting Tue. and Wed.

The war in Iran will certainly continue to dominate the headlines as hostilities have persisted and expanded with this evening marking the 13th night of military strikes.

The Red Sea joined the Strait of Hormuz as the second choke point in international shipping and President Trump threatened a major new escalation, stating he is weighing whether to launch a “massive attack” on the Islamic Republic that would be “bigger than ever before.”

Iran has shown little sign of bowing to U.S. demands.

Get a daily market edge—support & resistance levels plus key market-moving insights.

Yes

Single Stock Futures Starting this Monday!

ssf

What are Single Stock Futures?

Single Stock futures (SSF) are contracts derived from specific stocks. While trading stocks, ETFs or cryptocurrency involves buying and selling the assets directly, a futures contract is a legally binding agreement to buy or sell a standardized asset on a specific date or during a specific month in the future.

Contract size: Each Single Stock futures contract represents 100 shares of the underlying stock.
Tick size: The minimum price movement (tick) is 0.01 points, which equals a value of $1.00 per tick.
Trading venue: These contracts trade on a transparent central limit order book (CLOB) with the deep liquidity of CME Group markets.

Key benefits of Single Stock futures

1. Capital efficiency

In traditional stock trading, you might pay the full value of the shares (e.g., $72,500 for 100 shares of a $725 stock). In the futures market, you only post a performance bond, or margin, which is a fraction of the total value.

Note: While this structure can amplify potential gains, it also amplifies potential losses. Risk management is critical.

2. Ease of going short

Stocks: Shorting may require borrowing shares from a broker if a trader doesn’t already own the stock.
Single Stock Futures: A market participant can go short simply by selling a contract, making it a more streamlined tool for hedging or expressing a bearish view.

3. Extended trading hours

Unlike traditional stock market hours, Single Stock futures offer nearly 24-hour access (23 hours a day, 5 days a week), allowing for flexible position management in response to overnight market news.

4. Financial settlement

Unlike stocks, which can be held indefinitely, futures have an expiration date. Single Stock futures are listed on a quarterly cycle (March, June, September, December) and are financially settled.

Settlement process: At expiration, profit or loss is settled in cash rather than the physical delivery of shares.
Price alignment: The final settlement price is determined by the official closing price of the stock on its primary exchange.

Watch the full video and take the short course for FREE – no obligation.

Futures 102: The Daily Briefing by Cannon

Every morning, the world’s biggest banks and macro strategists publish where markets are headed. The rest of the world waits for the headline.

That intelligence stays locked inside trading desks, institutional terminals, and private client portals — accessible only to the few who pay for the privilege, and even they only get what they pay for.

This briefing changes that ( 100% FREE on Cannon’s website!!). Every morning we scour the open web and aggregate everything that matters — pulling from publicly available sources so you never have to — and distill it into one clear, readable edition you can get through before your first coffee is finished.

No terminals. No subscriptions. No private portals. Just everything the market is saying, gathered in one place, every morning before the bell.

Read the Latest Briefing HERE and make sure to Bookmark this page!

September Dollar Index

The September Dollar satisfied its third upside PriceCount objective and corrected. At this point, IF the chart can resume its rally with new sustained highs, we are left with the low percentage fourth upside count to aim for near 107.

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.

FREE TRIAL TO QT MARKET Center – Access to analysis, tools, news & Much more!

Highly recommended for HEDGERS!

Cannon Edge — Your Daily Futures Insight for the Next Trading Day! Cannon Edge for July 27th, 2026

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

Current price and daily % change
30‑day and 52‑week highs/lows
PROPRIETARY Short‑term and long‑term trend signals
Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQG.

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

Yes

Daily Levels for July 27th, 2026

Trading Reports for Next Week

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

www.mrci.com

Find us on Trustpilot

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

8 Steps to Successful Futures Trading PLUS: September Dollar Index, CannonEdge Snapshot, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows before Trading Futures on July 24th, 2026

Posted on July 23, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	3977.93	4014.87	4079.43	4116.37	4180.93
Silver (SI) — Sept. (#SI)	55.49	56.70	58.53	59.74	61.57
Crude Oil (CL) — Aug (#CL)	84.62	88.11	90.80	94.29	96.98
Sept. Bonds (ZB) — Sept. (#ZB)	108 24/32	109 5/32	109 20/32	110 1/32	110 16/32

8 Steps to Successful Futures Trading

futures

Ilan Levy Mayer, Vice President of Cannon Trading, shares with you 8 of the most important concepts involved in the day trading of futures. Read the sample below and then download the rest of the booklet for free by filling out the form to the right

Read our guide which outlines some important futures trading strategies & day trading concepts. It may be beneficial to read this guide before trading commodities on the futures market.

My name is Ilan Levy-Mayer, and I am the Vice President and Senior Futures Broker at Cannon Trading. I came up with the following personal observations after serving online traders worldwide for more than 28 years.

The following steps are guides to progress and are not necessarily in sequential order. Some of them are always required, but each futures trader is different and will relate to these stages in their own ways. While attempting to learn and progress, one must keep in mind that futures trading strategies are risky and can involve significant losses.

1. Education

Hopefully if you are already trading you have completed your initial education: contract specs, trading hours, futures brokers, platforms, the opportunities as well as the risk and need to use risk capital in futures, and so on. Understanding this information is essential to good futures trading strategies. The second type of education is ongoing: learning about trading techniques, the evolution of futures markets, different trading tools, and more.

2. Find a System

I am definitely not advising you to go on the web and subscribe to a “black box” system (using buy/sell triggers if don’t know why they are being generated). What I am advising is developing a trading technique: a general set of rules and a trading concept. As you progress, you may want to put the different rules and indicators into a computerized system, but the most important factor is to have a focus and a plan. Don’t just wake up in the morning and trade “blank.”

Finish Reading the Steps!

September Dollar Index

Learn more at www.qtchartoftheday.com

Cannon Edge — Your Daily Futures Snapshot for July 24th

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

· Current price and daily % change

· 30‑day and 52‑week highs/lows

· PROPRIETARY Short‑term and long‑term trend signals

· Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQG.

Daily Levels for July 24th, 2026

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

Find us on Trustpilot

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

Reading the Dealer Gamma Map PLUS: Pre-Market Briefing, CannonEdge Snapshot, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on July 23rd, 2026

Posted on July 22, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	4039.57	4088.53	4129.97	4178.93	4220.37
Silver (SI) — Sept. (#SI)	57.83	58.88	60.08	61.13	62.32
Crude Oil (CL) — Aug (#CL)	82.29	84.32	86.46	88.49	90.63
Sept. Bonds (ZB) — Sept. (#ZB)	109 19/32	109 25/32	110 3/32	110 9/32	110 19/32

Dealer Gamma Map by GalTrades.com

Reading the Dealer Gamma Map

gamma

Every morning, near the bottom of the Pre-Market Briefing, you will find a small table called the Dealer Gamma Map. It looks simple — three price levels — but it is one of the most useful tools in the letter for understanding how the market is likely to move on a given day, not just which direction. This guide explains what those levels mean, why they matter, and how to use them.

The one-sentence version

Big banks and market makers (“dealers”) are on the other side of most options trades, and they constantly buy and sell futures to stay balanced. The Dealer Gamma Map shows the price levels where that mechanical buying and selling is strongest — and whether, today, those flows are likely to calm the market down or speed it up.

What is “dealer gamma”?

Finish Reading the FREE Trading Education

Cannon Edge — Your Daily Futures Snapshot for July 23rd

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

· Current price and daily % change

· 30‑day and 52‑week highs/lows

· PROPRIETARY Short‑term and long‑term trend signals

· Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQG.

Daily Levels for July 23rd 2026

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

Find us on Trustpilot

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

8 Steps to Successful Futures Trading PLUS: September Lumber, Pre-Market Briefing, CannonEdge Snapshot, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures on July 22nd, 2026

Posted on July 21, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	3954.70	3982.40	4014.20	4041.90	4073.70
Silver (SI) — Sept. (#SI)	54.72	55.68	56.72	57.67	58.71
Crude Oil (CL) — Aug (#CL)	77.18	79.80	82.20	84.82	87.22
Sept. Bonds (ZB) — Sept. (#ZB)	110	110 11/32	110 28/32	111 7/32	111 24/32

8 Steps to Successful Futures Trading

futures trading

Read our guide which outlines some important futures trading strategies & day trading concepts. It may be beneficial to read this guide before trading commodities on the futures market.

1. Education

2. Find a System

Finish Reading the Steps!

September Lumber

September Lumber resumed its rally into a new high where the chart is taking aim at its second upside PriceCount objective to the 657 area.

Learn more at www.qtchartoftheday.com

Cannon Edge — Your Daily Futures Snapshot for July 22nd

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each Post delivers:

· Current price and daily % change

· 30‑day and 52‑week highs/lows

· PROPRIETARY Short‑term and long‑term trend signals

· Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQG.

Daily Levels for July 22nd, 2026

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

Find us on Trustpilot

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

NEW VIDEO: Using Trade Signals with Price Confirmation PLUS: December Meal, CannonEdge Snapshot, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows before Trading Futures on July 17th, 2026

Posted on July 16, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	3910.43	3945.97	4008.93	4044.47	4107.43
Silver (SI) — Sept. (#SI)	53.95	54.94	56.58	57.57	59.22
Crude Oil (CL) — Aug (#CL)	76.61	77.51	78.90	79.80	81.19
Sept. Bonds (ZB) — Sept. (#ZB)	110 4/32	110 19/32	110 31/32	111 14/32	111 26/32

Price Confirmation? Check the video below

Would you like to try the indicators and signals in the video above? SIGN HERE FOR FREE

December Meal

December Meal is attempting to break out above the extended downtrend. In the process, the chart has activated upside PriceCount objectives and negated the remaining unmet fourth downside count.

Learn more at www.qtchartoftheday.com

Cannon Edge — Your Daily Futures Snapshot for July 17th

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

· Current price and daily % change

· 30‑day and 52‑week highs/lows

· PROPRIETARY Short‑term and long‑term trend signals

· Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQG.

Daily Levels for July 17th, 2026

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

Find us on Trustpilot

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

Futures: How to Better Manage Losing Days PLUS: September E-Mini S&P, CannonEdge Snapshot, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on July 16th, 2026

Posted on July 15, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	3993.83	4030.17	4059.63	4095.97	4125.43
Silver (SI) — Sept. (#SI)	55.66	56.88	58.14	59.36	60.63
Crude Oil (CL) — Aug (#CL)	77.08	78.70	79.82	81.44	82.56
Sept. Bonds (ZB) — Sept. (#ZB)	110 2/32	110 18/32	110 31/32	111 15/32	111 28/32

How to Better Manage Losing Days Futures Trading

futures

Managing losing days is one of the most important skills a trader can develop. The goal is not to eliminate losses—it’s to keep them controlled, predictable, and emotionally manageable.

Here are some practical guidelines:

1. Define Your Maximum Daily Loss

Before the trading session begins, decide how much you’re willing to lose for the day.

For example:

Account size: $10,000
Maximum daily loss: $500-$700

When you reach that limit, stop trading. No exceptions.

Many professional traders are successful largely because they know when to stop.

2. Focus on Process, Not P&L

A losing day doesn’t necessarily mean you traded poorly.

Ask yourself:

Did I follow my trading plan?
Did I manage risk correctly?
Did I enter and exit according to my rules?

If the answer is yes, then it may simply be a normal cost of doing business.

3. Avoid “Getting Even” Trades

The desire to make back losses quickly is one of the biggest account killers.

Watch for:

Oversizing positions
Taking low-quality setups
Revenge trading
Moving stops further away
Adding to losing positions without a plan

The market doesn’t know or care where your P&L stands.

4. Reduce Size After a Drawdown

When you’re having a rough day or week, trade smaller.

Many successful traders follow a rule such as:

Down 2 days in a row → cut size by 25%
Down 3-4 days in a row → cut size by 50%
Regain consistency before increasing size again

Smaller size helps restore confidence while protecting capital.

5. Keep a Trading Journal

Record:

Entry and exit reasons
Market conditions
Emotional state
Mistakes made
Lessons learned

Over time, patterns emerge. You’ll often find that your biggest losing days come from a small number of recurring mistakes.

6. Grade Yourself on Discipline

Instead of asking:

“Did I make money today?”

Ask:

“How well did I execute my plan today?”

A trader who follows the plan and loses may actually have had a better day than a trader who broke all the rules and got lucky.

7. Understand Your Statistics

Know:

Average winning day
Average losing day
Win rate
Risk/reward ratio
Largest historical drawdown

When losses fall within your historical expectations, they’re easier to accept and less likely to trigger emotional decision-making.

8. Remember That Capital Is Your Inventory

A retailer protects inventory. A trader protects capital.

You can always find another opportunity tomorrow. Protecting your trading capital allows you to stay in the game long enough for your edge to play out.

A Simple Mindset Shift

Instead of saying:

“I lost money today.”

Try saying:

“I paid the market’s operating expense today.”

The traders who survive and thrive aren’t the ones who never lose. They’re the ones who never let a normal losing day become a catastrophic one.

thumbnail?url=https%3A%2F%2Fi.ytimg.com%2Fvi%2F1HQ6Z7bZwQM%2Fhqdefault

Would you like to try the indicators and signals in the video above? SIGN HERE FOR FREE

September E-Mini S&P

The September E-Mini S&P completed the second upside PriceCount objective off the ‘Liberation Day’ low and has been consolidating with a sideways trade. If the chart can resume its rally with new sustained highs, the third count would project a possible run to the 8824 area.

Learn more at www.qtchartoftheday.com

Cannon Edge — Your Daily Futures Snapshot for July 16th

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

· Current price and daily % change

· 30‑day and 52‑week highs/lows

· PROPRIETARY Short‑term and long‑term trend signals

· Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQG.

Daily Levels for July 16th, 2026

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

Find us on Trustpilot

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

Futures: Some Days Are Simply Losing Days PLUS: September Wheat, Pre-Market Briefing, CannonEdge Snapshot, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures on July 15th, 2026

Posted on July 14, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	3932.63	3996.97	4054.73	4119.07	4176.83
Silver (SI) — Sept. (#SI)	55.91	57.53	58.79	60.41	61.66
Crude Oil (CL) — Aug (#CL)	76.21	78.01	79.64	81.44	83.07
Sept. Bonds (ZB) — Sept. (#ZB)	109 22/32	110 9/32	110 30/32	111 17/32	112 6/32

Some Days Are Simply Losing Days

futures

Don’t fight it.

If you’re going to trade, you will have losing days. I’ve been in the futures industry for over 15 years, and in that time, I’ve never met a trader who hasn’t had a losing day—and I never will. It’s impossible.

The key is to understand this reality and accept it.

One of the most important responsibilities of a day trader is making sure that a losing day does not turn into a disaster. Human nature works against us here. Our emotions and instincts are not naturally wired to handle losses well. We want to be right. We want to win back what we’ve lost.

However, one of the defining differences between successful traders and those who struggle to become traders is that successful traders learn how to lose. They understand that losses are part of the business. Traders who refuse to accept a losing day often make a series of costly mistakes in an attempt to avoid taking that loss.

They may hold positions overnight when they normally wouldn’t. They may reverse positions impulsively, add to losing trades, pyramid at the wrong time, or abandon their trading plan altogether. These are decisions they typically wouldn’t make on a normal day.

As a result, what should have been a manageable losing day—perhaps a $700 loss in a $10,000 account—can quickly spiral into a devastating drawdown, wiping out a large portion of the account, if not more.

That’s why it’s critical to maintain realistic expectations and understand the statistics of your own trading. Keep detailed records. Track your performance. Know your average winning days, losing days, drawdowns, and risk parameters.

Sometimes the most valuable lesson in trading is learning how to lose properly.

Because before you can truly excel at trading, you must first master the ability to accept and manage losses.

Tomorrow we will discuss on How to Better Manage Losing Days

September Wheat

September Wheat activated fresh upside PriceCount objectives off the recent low. The first count projects a possible run to the 6.65 area. A trade above the May reactionary high would formally negate the remaining unmet downside counts.

Learn more at www.qtchartoftheday.com

Cannon Edge — Your Daily Futures Snapshot for July 15th

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

· Current price and daily % change

· 30‑day and 52‑week highs/lows

· PROPRIETARY Short‑term and long‑term trend signals

· Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQG.

Daily Levels for July 15th, 2026

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

Find us on Trustpilot

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

Futures: Rotation, Not Retreat PLUS: PHLX/KOSPI/SOX, 3:2:1 Crack Spread, Levels, Reports; Your 7 Important Can’t-Miss Need-To-Knows for Trading Futures on July 7th, 2026

Posted on July 6, 2026 by Cannon Operations

Futures: Rotation, Not Retreat

By Eli Levy, Senior Analyst & Series 3 Broker

futures

The New Quarter Begins

The new quarter arrived with a jolt. After a first half where the AI and semiconductor trade did much of the heavy lifting, this week saw that same corner of the market hit with selling pressure and real volatility — and notably, it happened even as oil prices eased and yields drifted lower. The pressure wasn’t about the macro backdrop turning hostile; it was about money in motion, rotating out of the most crowded trades and looking for a home elsewhere.

PHLX/KOSPI/SOX

The numbers tell the story. The PHLX Semiconductor Index (SOX) fell roughly 12% over just two sessions, pressured in part by a sharp overnight drop in Korea’s KOSPI, which shed 7.89% in one session. On one side of the coin, this looks like a long-overdue mean reversion: the SOX rallied nearly 100% in the first six months of the year, a parabolic run that arguably needed to cool.

Mircron

Micron’s reaction last week was a tell — the stock traded poorly on massive volume despite reporting, and the optical names tied to the AI build-out have been rolling over alongside it. On the other side of the coin, sharp pullbacks inside a longer-term uptrend have repeatedly turned out to be buying opportunities, and there’s a case that this one proves no different.

Healthcare/Insurance

What’s keeping the mood constructive is where the money is going. Rather than fleeing the market entirely, it’s rotating beneath the surface. Healthcare is breaking out of a five-year trading range, insurance is emerging from an 18-month base, and REITs — flat for the better part of five or six years — are being watched as a possible next leg. As long as capital rotating out of momentum keeps finding a home, the pullback reads as healthy churn rather than a broad unwind. The economic data and growth forecasts remain strong, the broadening looks like it’s still underway, and July seasonality has historically favored the bulls.

US – Iran Relations

Overseas and in Washington, the picture is mixed but not alarming. The U.S.–Iran ceasefire is not going smoothly, and the status of the Strait of Hormuz remains unclear, yet oil has held below $70 a barrel and markets remain hopeful of a resolution. At the ECB forum, Fed Chair Kevin Warsh stayed tight-lipped on forward guidance while reiterating his commitment to getting inflation back to the 2% target. With next week light on both the economic and earnings calendars, near-term direction can likely be steered by technicals, Middle East headlines, oil, and yields rather than by fresh data.

READ THE REST and SEE CHARTS

3:2:1 Crack Spread

The 3-2-1 Crack Spread approximates the value of crude oil inputs and product outputs – in effect an indicator of refinery profitability. The 3-2-1 Crack spread approximates a theoretical refinery crude yield that produces two barrels of gasoline and one barrel of diesel for every three barrels of crude input. In other words, the simplified refinery yield implied by this calculation is two-thirds gasoline, one-third diesel. It is calculated in $/bbl.

Here is the simple mathematical formula:

https://www.cmegroup.com/tools-information/calc_crack.html

3 contracts of WTI Crude, 2 Contracts RBOB, 1 Contract HO (diesel)

Learn more at www.qtchartoftheday.com

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

Find us on Trustpilot

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

July 4th Futures Trading Hours 2026! The Important Times YOU Need to Know for Trading Futures on the 4th of July!

Posted on June 26, 2026 by Cannon Operations

July 4th Futures Trading Hours 2026!

(Click schedule for larger image)

July 4th, 2026

Find us on Trustpilot

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

Cannon Trading Co., Inc.

12100 Wilshire Blvd.

Suite 1640

Los Angeles, CA 90025 US

Day Trading/Order Flow

Futures & Options Trading

Forex Trading

Options Trading

Mobile Trading

Brokerage-Services

Service Details

Trading Support

Trading Charts

Trading Insight

Contract Specifications

Trading University

Cannon Futures Academy

Company

Community

Account Login

At A Glance Levels

Gold (GC)

Silver (SI)

Crude Oil (CL)

Sept. Bonds (ZB)

Treasury Liquidity Drain

By Eli Levy, Senior Analyst & Series 3 Broker

CANNON FUTURES ACADEMY

Lesson · Market Mechanics Series

The Cushion Is Gone

How to Read a Treasury Liquidity Drain — and Tell When It Actually Bites

Eli G Levy · Cannon Trading Company · eli@cannontrading.com

A Cannon Futures Academy teaching note. Worked example uses the settlement week of July 28–31, 2026.

What you’ll learn in this lesson

Why a futures trader should care

Cannon Edge — Your Daily Futures Snapshot for July 29th

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

· Current price and daily % change

· 30‑day and 52‑week highs/lows

· PROPRIETARY Short‑term and long‑term trend signals

· Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQG.

Daily Levels for July 29th, 2026

Economic Reports

Find us on Trustpilot

Cannon Futures Weekly Letter

In Today’s Issue #1300

The Week Ahead – Red Sea, FOMC & Earnings

Trading 102: Single Stock Futures (SSF)

Futures 102 – The Daily Briefing – What the Pros Know Before Trading

Dollar Index Chart & Outlook

Cannon Edge – Your Futures trading Map for the week ahead!

At A Glance Levels

Gold (GC)

Silver (SI)

Crude Oil (CL)

Sept. Bonds (ZB)

What Futures Traders Should Watch This Week

Earnings, Stocks, Fuel, Single Stock Futures (SSF)

By Mark O’Brien, Senior Broker

Also on the docket: Kevin Warsh will chair his second FOMC meeting Tue. and Wed.

Get a daily market edge—support & resistance levels plus key market-moving insights.

Single Stock Futures Starting this Monday!

What are Single Stock Futures?

Key benefits of Single Stock futures

1. Capital efficiency

2. Ease of going short

3. Extended trading hours

4. Financial settlement

Every morning, the world’s biggest banks and macro strategists publish where markets are headed. The rest of the world waits for the headline.

September Dollar Index

FREE TRIAL TO QT MARKET Center – Access to analysis, tools, news & Much more!

Highly recommended for HEDGERS!

Cannon Edge — Your Daily Futures Insight for the Next Trading Day! Cannon Edge for July 27th, 2026

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

Built for speed. Backed by insight. Powered by CQG.

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

Daily Levels for July 27th, 2026

Trading Reports for Next Week

Find us on Trustpilot

At A Glance Levels

Gold (GC)

Silver (SI)