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.
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.
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.
There will be few government reports released this week that will have much of an impact on equity prices.
This past Saturday we have entered the FOMC Blackout period which will last through the next FOMC Rate decision on Wednesday, June 14th and conclude at midnight on June 15th.
Since there is no significant data, we are certain Fed Policy makers will have been able to breathe a bit easier after the debt limit breach was averted.
Next week is going to be considerably different. Why? the Consumer Price Index will be released a day prior to the FED rate decision and may have an 11th hour impact on the policy makers decision to raise or stay firm at current short term fed fund rate. According to the CME’s FedWatch tool, the prospect for rate changes has been anything but sanguine. May 5th there was only an 8.5% chance of another .25 increase and as recently as a week ago there was an over 60% chance and as of todays date the tool is projecting less that a 22% increase by .25 to the .0525-.0550 area. . .
As I said about CPI at the moment the market is pricing in no change but a CPI figure reversing the slow downtrend in current price levels could immediately change the expectations for no change this go round.
Understanding expectations will allow you to trade with more confidence when there is a sudden change in policy directives!
In this webinar, we’ll tour the platform and take a look at how to utilize Order Flow, Delta Filer bars and other innovative features while observing a variety of futures markets with a focus on some of the smaller Micro futures contracts.
Our host, Antonio Sartorello of Volumetrica will guide attendees as the markets trade in real time. Learn more about VolSys’s core features
• Order Flow and it’s pullback bar
• How to use Advances T&S
• How to use Advanced DOM
• Delta Filter Bars to identify Strength/weakness
• Where are the big traders/ orders?
Attendees will receive a FULLY functionable demo with live data!!
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
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.
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.
The US is in a period of high economic uncertainty. Over the coming days, we are expecting potential increased volatility across markets as the US government vote on the US debt ceiling deal by Wednesday evening (US Eastern Time).
Days to consider
• May 31: US House to vote
•May 31 or later: US Senate consideration
•June 5: Projected the “X-date” for default
Many reports are due tomorrow, the first trading day of the month/ June. Make sure to check out the reports section below.
Also keep in mind that due to Memorial weekend we just observed, crude oil numbers will be out tomorrow at 11 AM eastern
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.
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.
THIS WEEK FOMC Minutes will be the big mover in addition to ongoing Debt limit increase negotiations between The Executive and Legislative branches of government. Minutes of the FOMC meeting of May 2-3 will be released on Wednesday at 1:00PM CDT. In the immediate wake of the FOMC statement there was optimism that Fed policymakers were leaning toward a pause in interest rates after a swift raising of the fed funds target range by 500 basis points that began 13 months ago. However, Fed Chair Jerome Powell pushed back against that perception in his press briefing on May 3. Although, he did say last week that tight credit conditions may limit the need for further policy tightening. In the weeks since the meeting, other Fed policymakers have cautioned against being too certain that more rate hikes are not on the way.
The minutes are likely to reinforce these views, and that these views probably haven’t shifted. The economic data released in recent weeks point to a still strong labor market and continued stubborn inflation. This is the formula that has kept the Fed on a path of further tightening to address imbalances in the labor supply/demand and reduce demand for goods and services that are pushing up prices.
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.
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.
The week ahead, more inflation data and the Elephant in the room. Joe Biden is heading into a critical week with congressional leaders over the debt limit . A battle that neither side wants, that neither side wants to compromise on, but both sides need to resolve. A Tuesday meeting will provide odds of a resolution happening in the few weeks remaining before the debt default deadline, June 1st. Be prepared for the volume on each sides megaphone’s to be amplified by the ten’s of decibels. What we do know this week is that no less than 4 Fed board governors will be speaking, 2 on Tuesday during market hours; 7:30 am CDT and 11:05 am CDT respectively, 9:15am CDT Wednesday with Bullard wrapping up the speaking engagements after the Friday close, potentially impacting Sunday nights trade. Inflation DATA : Fasten your seat belts for these 2 numbers CPI Wednesday morning @ 7:30 CDT , economists expectations are really no change from the previous months data, that seems like more of a hope to me, be ready if you like to trade the CPI for anything. Speaking of being ready for anything, Thursday mornings release of the PPI @ 7:30 am CDT may also create unnatural volatility as economists are expecting producer prices to have increased in April from the March reports decline. prepare yourselves for large intraday moves. keep your ears to the wall as you listen for clues to further fed tightening or pauses as these Fed Governors’ speak. At Cannon we are known for creating a trading plan and trading that 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.
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.
Join our private Facebook group for additional insight into trading and the futures markets!
In this issue:
Important Notices – CPI, PPI, Crop Reports is this Week!
Trading Resource of the Week – FREE Trading Psychology Course
Hot Market of the Week – July Bean Meal
Broker’s Trading System of the Week – Browse Hundreds of “Hands Free” Systems
Trading Levels for Next Week
Trading Reports for Next Week
Important Notices
This week we have CPI, PPI and crop report!
Trading Resource of the Week – Get An Edge With the Trading Psychology Course FREE
Trading 102: Commitment of Traders Report – What Lies beneath
Many experienced traders say that the stiffest challenge you’ll face in becoming a futures trader is conquering your own psyche. Why? Because losing is part of trading, and people hate to lose.
In this “Trading Psychology” Course you will learn:
How to examine your patterns and behaviors and recognize when they are holding you back
Maintaining self-confidence as a trader even in the face of inexperience
The mathematical expectation model and how it can decrease your losses
Determining the trading plan that is right for your trading personality
Understanding and using Motivation – Risk – Reward to its full advantage
Hot market of the week is provided by QT Market Center, A swiss army knife charting package that’s not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs.
July soybean meal completed its second downside PriceCount objective in March and corrected higher. Now, the chart is threatening to break down where new sustained lows from here would project a run to the third count in the $412 area where it will be normal to see some consolidation price action.
PriceCounts – Not about where we’ve been , but where we might be going next!
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.
Hundreds of “Hands Free” Automated Systems to Choose from!
Are you too busy to trade? Perhaps you’re not confident enough and you’re trading. Maybe you’re looking to the diversify your own trading with algorithmic trading or what we call automated trading. Browse over 500 trading systems. Review back test results, live results, drawdowns, returns and much more!!
Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary, confidential consultation with a Cannon Trading Company series 3 broker.
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
The Week ahead…. FOMC, More Earnings, earnings ,over 2000 companies reporting, who’s got the earnings ! another heavy week of earnings reports, AMD, Pfizer, Apple Headline earnings this week, both AMD and Pfizer are tomorrow, Pfizer pre opening and AMD after the close.. Apple reports after the close on Thursday May 4th.
FOMC WEEK! but wait! that’s not all… NonFarm Payrolls Friday morning before the open. This week, the fed fund futures market is anticipating a 92% probability of a .25 rate increase.. in spite for the suffrage of some banks and confidence of many depositors. Probabilities are measured thru the CME FedWatch tool, what happened to the other .08% probability? that’s what has been assigned to the” remain @ 4.75-5.0 percent” at the fed window. Wednesday @2pm EDT is the rate announcement followed 30 minutes later by the Honorable Fed Chair Jerome Powell’s statement followed by a brief q &A language is key in these matters to see if the Federal Open Market Committee thinks it’s time to lay of the gas for the near future.
Lastly, Friday NonFarm Payrolls are to be released as they tend to be on the 1st Friday of the new month for the prior month,, here are the anticipated results, any real numbers that differ from the anticipated numbers will always move the market as the anticipated set of data tends to have already been discounted by the market.
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.
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.
Join our private Facebook group for additional insight into trading and the futures markets!
In this issue:
Important Notices – FOMC is this Week!
Trading Resource of the Week – What are the “Big Boys” Up To?
Hot Market of the Week – June Heating Oil
Broker’s Trading System of the Week – Free Consultation
Trading Levels for Next Week
Trading Reports for Next Week
Important Notices – FOMC this week with statement and rate decision due Wednesday
The following are my PERSONAL suggestions on trading during FOMC days:
· Reduce trading size
· Be extra picky = no trade is better than a bad trade
· Choose entry points wisely. Look at longer time frame support and resistance for entry. Take the approach of entering at points where you normally would have placed protective stops. Example, trader x looking to go long the mini SP at 3925.00 with a stop at 3919.00, instead “stretch the price bands” due to volatility and place an entry order to buy at 3919.75 and place a stop a few points below in this hypothetical example ( consider current volatility along with support and resistance levels).
· Expect the higher volatility during and right after the announcement
· Expect to see some “vacuum” ( low volume, big zigzags) right before the number.
· Consider using automated stops and limits attached to your entry order as the market can move very fast at times.
· Keep in mind statement comes out at 1 Pm Central time, the news conference which dissects the language comes out 30 minutes later so the volatility window stretches out.
· Know what the market was expecting, learn what came out and observe market reaction for clues
· Be patient and be disciplined
· If in doubt, stay out!!
Trading Resource of the Week – What are the Big Boys up to?
Trading 102: Commitment of Traders Report – What Lies beneath
In this 24 page PDF booklet, Gary Kamen of Trends in Futures reviews the commitment of traders report, what it means, how traders can utilize it and much more.
Sign up and instantly download the booklet and learn about:
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.
June heating oil completed its second downside PriceCount objective last month and corrected. Now, the chart is threatening to break down where new sustained lows from here would project a run to the third count in the 2.05 area
PriceCounts – Not about where we’ve been , but where we might be going next!
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.
Are you too busy to trade? Perhaps you’re not confident enough and you’re trading. Maybe you’re looking to the diversify your own trading with algorithmic trading or what we call automated trading. One of the best resources you can utilize is our Brokers will be happy to provide feedback and consultation based on your specific needs, risk tolerance, and goals.
Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary, confidential consultation with a Cannon Trading Company series 3 broker.
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
Should you be trading one market and become an “expert” or should you be following a few markets for diversification?
Have you heard about spreads? same day options?
You can get answers to the above and MUCH more by talking to an experienced broker which can be one of the most valuable resources a trader can utilize when trading futures.
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.
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.
I hope everyone is rested from the holiday week behind us, this week’s economic number releases should keep all the traders on their toes.
CPI Wednesday! The standouts will be the March CPI data on Wednesday at 7:30 CT and retail and food services sales at 7:30 CT on Friday. The CPI will be critical to the inflation outlook for Fed policymakers.
Previous CPI reports have created velocity logic events in the stock indices at the CME. The above reports will Bookend the FOMC minutes release @1pm CT on Wednesday.
If you recall the FED Meeting Black out period was before the Bank issues so don’t expect too much verbage about the banking situation in this report. Also Remember, expectations will be baked into the market at release time, after release, the market has sustained moves when the reality is much different from the expectations.
First Notice and Last trading Days for the month of May below
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.
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.
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.
