FOMC, OPEC, Earnings, FedSpeak Blackout week!

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Cannon Futures Weekly Letter

In Today’s Issue #1240

fomc

  • LIVE, FREE Demo for Futures & Options
  • The Week Ahead – FOMC, OPEC, Earnings and FedSpeak Blackout week!

  • Futures 102 – Cryptocurrency Futures Course
  • Hot Market of the Week – July Rapeseed
  • Broker’s Trading System of the Week – Notorious ES Day Trading System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

Free Demo: Live Data, Streaming Charts

Introducing the newest trading platform to our already prominent selection: CannonX

  • Cloud-based and compatible with Windows and MacOS
  • Top-of-the-line tradable charts with abundant indicators and drawing tools
  • Option quotes display for all expirations and including all “Greeks.”
  • Quote programmability for straight futures and options as well as futures and option spreads, including multi-leg/complex options spreads.
  • Depth-of-market display at your fingertips for any of the position types listed aboveFull, easy-to-read account information display

START YOUR DEMO NOW

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Important Notices: The Week Ahead

By John Thorpe, Senior Broker

 

FOMC, Heavy Earnings and FedSpeak Blackout week!

Fed Rate Decision, Heavy Earnings and FedSpeak Blackout continues until…the dam breaks early Friday Morning! 6 speakers!

More volatility to come as next week all markets will be reacting to the potential for tariff implementations creating uncertainty in the marketplace. Therefore, increased volatility expectations continue but that’s not all. Plenty of Hard Data on the economy next week between earnings and Institutional data releases.

Highlights next week will include FOMC Rate announcement as well as Energy data, specifically coming into Sunday night as the originally scheduled OPEC policy meeting for Monday was moved forward to Saturday. Policy announcement impacts should hit the Sunday evening session as well as our normally scheduled Wed. and Thu. EIA releases on the Crude, distillates supply along with Natural Gas supply and demand. Stock Index Impactful earnings reports in the following industries will add to the volatility punch bowl: Entertainment, Technology, Retail, Pharma and Energy.

FOMC

Earnings Next Week:

  • Mon. Quiet
  • Tue. AMD, Arista, Duke energy
  • Wed. Uber, Disney, DoorDash
  • Thu. Shopify, Conoco Phillips, McKesson
  • Fri. Quiet

FED SPEECHES:

  • Mon.     Fed Blackout period
  • Tues.     Fed Blackout Period persists
  • Wed.    1:00pm CDT Fed Rate Decision 5/7/25 Chair Powell will Speak, 30 minutes after the  rate decision.
  • Thu.      Fed Blackout Period persists
  • Fri.        Blackout over,5:00 am CDT Williams, 5:45 am CDT Barr, 7:30 am CDT Kugler, 9:00 am CDT Goolsbee, 10:30 am CDT Waller and Williams.

Economic Data week:

  • Mon. ISM Services PMI,
  • Tue. Redbook, Econ Optimism index
  • Wed. EIA Crude Stocks, Used Car prices, FOMC Interest Rate decision, Consumer credit change
  • Thur. Initial Jobless Claims, Wholesale Inventories, EIA Nat Gas, Consumer inflation expectations.
  • Fri. Quiet

Futures 102: Intro to Cryptocurrency Futures

Course overview

Cryptocurrency futures, available at CME Group, provide market participants with multiple products for cryptocurrency risk management or market expression. Expand your understanding of the cryptocurrency markets, products, and underlying reference rates. This course covers:

  • Bitcoin
  • Ether
  • Micro Bitcoin
  • Micro Ether
  • Options on Bitcoin futures
  • BTIC on Cryptocurrency futures

Start FREE Course 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 needs.

Free Trial Available

July Rapeseed

July rapeseed is extending its rally and is poised for a challenge of the high from last spring. At this point, a sustained breakout into new highs would project a potential run to the low percentage fourth upside PriceCount objective to the 762 area.

 

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The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved.

It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Brokers Trading System of the Week

Notorious ES Trading System

Market Sector: Stock Index Futures

Markets Traded:   ES

System Type: Day Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $30,000

Developer Fee per contract: $110.00 Monthly Subscription

System Description:

Trade ES futures. System coded to seek long or short entries, and the system only uses the higher probability signal. System contains a money management component.

Get Started

Learn More

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Disclaimer The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not necessarily indicative of future results.

Futures Trading Disclaimer:

Transactions in securities futures, commodity and index futures and options on futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract, meaning that transactions are heavily “leveraged”.

A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you.

You may sustain a total loss of initial margin funds and any additional funds deposited with the clearing firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position.

If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit.

Please read full disclaimer HERE.

Would you like to get weekly updates on real-time, results of systems mentioned above?
Yes
No

Trading Levels for Next Week

Daily Levels for May 5th, 2025

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Would you like to receive daily support & resistance levels?
Yes
No

Trading Reports for Next Week

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

www.mrci.com

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Find us on Trustpilot

stars

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 AppleSpotify, Amazon

or wherever you listen to podcasts!

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Futures Trading Platform Bookmap

In the rapidly evolving world of futures trading, having access to a cutting-edge futures trading platform is critical. One such platform making waves in the trading community is Bookmap—an innovative tool designed to bring transparency and precision to trading decisions. With its unique visual approach, Bookmap trading enables both novice and professional traders to see beyond the basic charts and deeply understand market behavior in real time.

As the demand for advanced platforms increases, so does the need for reliable brokers. That’s where Cannon Trading Company shines. As one of the most respected firms in the industry, Cannon Trading has been helping traders navigate the complex world of online futures trading platforms for decades.

This article explores the most important features of Bookmap for futures trading, details how to access Bookmap download and pricing, and explains why Cannon Trading Company is an outstanding partner for using this platform.

Try a FREE Demo!

What is Bookmap?

Bookmap is a high-performance futures trading platform that displays full-depth market data in an intuitive heatmap format. Unlike conventional charting tools, Bookmap trading enables you to see market liquidity and order flow with unprecedented clarity.

With Bookmap Web and Bookmap TradingView integration, users now have the flexibility to analyze markets on various devices and charting systems. This accessibility is enhanced by Bookmap free features that allow traders to try out the platform before committing financially.

The availability of granular market data is one of the core strengths of Bookmap. It visualizes market dynamics by showing historical order book activity and real-time transactions, enabling traders to spot opportunities before they appear on standard charts.

Key Features of the Bookmap Futures Trading Platform

  1. Real-Time Order Flow Analysis
    Understanding order flow is crucial in futures trading. Bookmap allows traders to monitor limit orders, market orders, and cancellations in real-time. The heatmap visualization makes it easy to spot large resting orders that may act as support or resistance zones.
  1. Advanced Heatmap Visualization
    At the heart of Bookmap trading is the heatmap, which shows liquidity changes over time. This feature reveals the true intent of market participants, allowing traders to anticipate moves rather than react to them.
  1. Volume Dots and Volume Delta
    These unique features let traders analyze where trades are occurring and the volume behind them. It’s especially useful for scalp traders using online futures trading platforms where timing and precision are essential.
  1. Market Replay
    This feature allows traders to rewind market action and study it frame-by-frame. Whether you’re refining strategies or backtesting ideas, Bookmap gives you the tools to sharpen your edge.
  1. Customizable Indicators and APIs
    Bookmap offers a suite of built-in indicators and supports third-party plugins and APIs. This ensures that traders using futures trading platforms like Bookmap can tailor their setups for maximum efficiency.
  1. Multi-Asset Support
    While it shines in futures trading, Bookmap also supports equities and cryptocurrencies. It’s a comprehensive solution that caters to all kinds of market participants.
  1. Bookmap Web and Bookmap TradingView Integration
    Traders can now enjoy Bookmap from anywhere with Bookmap Web. Additionally, Bookmap TradingView integration bridges the gap between traditional charting and cutting-edge order flow analysis.
  1. Bookmap Free Version
    Before you commit, try the Bookmap free edition. It offers access to historical data, basic visualizations, and a limited set of features—perfect for learning the ropes.
  1. High-Quality Market Data Feeds
    To fully utilize Bookmap’s capabilities, accurate and timely data is essential. That’s why Bookmap data partnerships with top-tier providers ensure you get the best trading experience.

Try a FREE Demo!

Bookmap Pricing and Subscription Plans

Understanding Bookmap pricing is key before diving in. There are several tiers based on your needs:

  • Bookmap Free: A basic version to get familiar with the interface and features.
  • Digital+: Includes enhanced indicators and limited access to market data.
  • Global: Ideal for futures trading, offering full-depth data, custom studies, and add-ons.
  • Global+: Unlocks premium add-ons like the Large Lot Tracker and advanced analytics.

Each tier offers flexibility depending on whether you’re new to Bookmap trading or a seasoned professional. Importantly, Bookmap download is straightforward, and the platform supports both Windows and macOS.

How to Get Started with Bookmap

  1. Visit the Website: Go to the official site to initiate your Bookmap download.
  2. Select a Plan: Choose from Bookmap Free, Digital+, Global, or Global+ depending on your trading style.
  3. Install the Platform: The installation process is simple and user-friendly.
  4. Connect to Market Data: Use your broker’s feed or opt for integrated Bookmap data providers.
  5. Start Trading: Dive into Bookmap trading using the powerful heatmap and visualization tools.

With Bookmap Web, you can even access your trading dashboard from any browser, making it ideal for traders on the go.

Platform Bookmap

Platform Bookmap

Why Cannon Trading is Your Ideal Partner for Bookmap Trading

When it comes to online futures trading platforms, broker selection is just as important as the platform itself. Cannon Trading Company stands out as an industry leader and is a perfect partner for anyone using Bookmap.

  1. Decades of Experience
    Founded in 1988, Cannon Trading has decades of experience navigating complex futures trading platform landscapes. Their team of experienced brokers understands Bookmap trading inside and out, making onboarding seamless for new users.
  1. Stellar Reputation and Reviews
    Cannon Trading boasts numerous 5 out of 5-star reviews on TrustPilot, showcasing the firm’s dedication to transparency, customer service, and integrity. Their long-standing relationships with clients speak volumes about their reliability.
  1. Regulatory Standing
    As a registered Introducing Broker with the NFA and CFTC, Cannon Trading maintains an exemplary regulatory record. Compliance is paramount, which means your funds and data are in trusted hands.
  1. Wide Selection of FREE Trading Platforms
    In addition to Bookmap free, Cannon Trading offers access to a wide array of online futures trading platforms. Whether you prefer Sierra Chart, CQG, or TradingView, Cannon ensures you’re well-equipped.
  1. Tailored Support for Bookmap Users
    Cannon provides personalized setup assistance, real-time tech support, and educational resources. They ensure clients are maximizing their use of Bookmap trading, regardless of experience level.

Cannon Trading + Bookmap = Trading Excellence

Try a FREE Demo!

Combining the sophisticated features of Bookmap with the unmatched service of Cannon Trading Company creates a powerhouse for futures traders. Whether you’re leveraging the real-time heatmap for scalping or conducting detailed order flow analysis, Cannon Trading’s infrastructure and experience enhance your performance.

From Bookmap pricing transparency to expert help with Bookmap data feeds, Cannon ensures that your trading experience is as seamless and successful as possible.

The Bookmap Futures Trading Platform is revolutionizing how traders view and interact with the market. Its innovative visualization tools, integration with Bookmap TradingView, browser-based Bookmap Web, and robust Bookmap free version make it a go-to solution for serious traders. When combined with a top-tier brokerage like Cannon Trading Company, which offers industry experience, stellar reputation, regulatory compliance, and multiple futures trading platform options—including Bookmap—you have a winning formula for success.

Whether you’re exploring Bookmap download for the first time or looking to deepen your expertise in Bookmap trading, partnering with Cannon Trading will elevate your performance and confidence.

For more information, click here.

Ready to start trading futures? Call us at 1(800)454-9572 (US) or (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

Corn for Sept – December, Non Farm Payrolls, FedSpeak Blackout

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Cannon Futures Weekly Letter

In Today’s Issue #1239

Corn

  • LIVE, FREE Demo for Futures & Options
  • The Week Ahead – NFP, Heavy Earnings and FedSpeak Blackout week!
  • Futures 102 – Trading Psychology Course
  • Hot Market of the Week – Sept. – Dec. Corn Spread

  • Broker’s Trading System of the Week – X Factor ES Day Trading System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

Free Demo: Live Data, Streaming Charts

Introducing the newest trading platform to our already prominent selection: CannonX

  • Cloud-based and compatible with Windows and MacOS
  • Top-of-the-line tradable charts with abundant indicators and drawing tools
  • Option quotes display for all expirations and including all “Greeks.”
  • Quote programmability for straight futures and options as well as futures and option spreads, including multi-leg/complex options spreads.
  • Depth-of-market display at your fingertips for any of the position types listed aboveFull, easy-to-read account information display

START YOUR DEMO NOW

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Important Notices: The Week Ahead

By John Thorpe, Senior Broker

NFP, Heavy Earnings and FedSpeak Blackout week!

More volatility to come as next week all markets will be reacting to the potential for tariff implementations creating uncertainty in the marketplace. Therefore, increased volatility expectations continue but that’s not all. Plenty of Hard Data on the economy next week between earnings and Institutional data releases.

Highlights next week will include Housing Data as well as Non Farm Payrolls. Stock Index Impactful earnings reports in the following industries will add to the volatility punch bowl: Credit, Technology, Retail, Pharma and Energy.

Earnings Next Week:

  • Mon. Quiet
  • Tue. Visa, Mastercard, Coca Cola, Qualcomm
  • Wed. Microsoft, Meta
  • Thu. AAPL, Amazon, Eli Lilly
  • Fri. Mobil, Chevron

FED SPEECHES:

  • Mon.     Fed Blackout period
  • Tues.     Fed Blackout Period persists
  • Wed.     Fed Rate Decision the following Wed. 5/7/25 Chair Powell will Speak, 30 minutes after the rate decision.
  • Thu.      Fed Blackout Period persists
  • Fri.       Fed Blackout Period persists

Economic Data week:

  • Mon. Dallas Fed MFG. Index
  • Tue. WhSale/Retail Inventories, Redbook, Case-Shiller, Consumer Confidence, Dallas Svcs Index
  • Wed. EIA Crude Stocks, ADP, Core PCE, GDP, Chgo PMI, Pending Home Sales.
  • Thur. Challenger Job cuts, Initial Jobless Claims, ISM MFG PMI , EIA Nat Gas
  • Fri. NON Farm Payrolls, Factory Orders

Futures 102: Trading Psychology

Course overview

“You must understand that there is more than one path to the top of the mountain.”- Miyamoto Musashi, A Book of Five Rings: The Classic Guide to Strategy

Many experienced traders say that the stiffest challenge you’ll face in becoming a futures trader is conquering your own psyche. Why? Because losing is part of trading, and people hate to lose.

Losing money is a particularly difficult test for new traders, who tend to lose very often. It is very hard to believe in yourself when you have no history of success and no way to put losses in perspective. But, being a good trader is like being a good baseball player who is considered a superstar if he gets on base 4 times out of 10. You don’t have to win every time to be a successful trader. You just have to understand that’s the way it is and be comfortable with it

Start FREE Course Now

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Hot Market of the Week

Corn

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.

Free Trial Available

Sept -Dec Corn Spread

The Sept – Dec corn spread has resumed its break into a new low. This has the chart taking aim at its low percentage fourth downside PriceCount objective to the -13.25 area which should be enough to satisfy this phase of the bear move. However, financial full carry on the spread is near -32, so this story ‘could’ ultimately have another chapter.

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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

X Factor ES Trading System

Market Sector: Stock Index Futures

Markets Traded:   ES

System Type: Day Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $10,000

Developer Fee per contract: $125.00 Monthly Subscription

System Description:

Trade ES futures. Started June 2020 and proud of it’s return. There are 4 independent optimized systems coded to seek long or short entries, and the system only uses the higher probability signal. System contains a money management component.

Get Started

 

Learn More

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Disclaimer The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not necessarily indicative of future results.

Futures Trading Disclaimer:

Transactions in securities futures, commodity and index futures and options on futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract, meaning that transactions are heavily “leveraged”.

A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you.

You may sustain a total loss of initial margin funds and any additional funds deposited with the clearing firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position.

If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit. Please read full disclaimer HERE.

Would you like to get weekly updates on real-time, results of systems mentioned above?
Yes
No

Trading Levels for Next Week

Daily Levels for April 28th, 2025

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Would you like to receive daily support & resistance levels?
Yes
No

Trading Reports for Next Week

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

www.mrci.com

b7ac5c4b 1d51 46ab 98ec f4f77d0b7c31

Find us on Trustpilot

stars

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 AppleSpotify, Amazon

or wherever you listen to podcasts!

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5 Eye-Catching Futures Trading Events to Watch in a Volatile 4-Day Week

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Cannon Futures Trading Weekly Letter

futures trading 3

In Today’s Issue #1238

  • Good Friday Futures Trading Schedule

  • The Week Ahead –
  • Futures 102 – Options on Futures Trading for Equity Traders Course
  • Hot Market of the Week – May Corn Wheat Spread
  • Broker’s Futures Trading System of the Week – X Factor ES Day Trading System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

Good Friday Modified Trading Schedule

This coming Friday, April 18th is Good Friday.

Please see below the modified futures trading schedule for Good Friday and Easter for CME and ICE exchanges

For the full schedule and details: click here.

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Important Futures Trading Notices: The Week Ahead

By John Thorpe, Senior Broker

Tariffs News & FOMC Minutes to Dominate Markets & Volatility

4 day trading week ahead, Earnings season is here! Fed Chair Powell speech on Wednesday.

More volatility to come as next week all markets will be reacting to the potential for tariff implementations creating uncertainty in the marketplace. Some countries are coming to the table , here is one sample.

”Thailand’s finance minister Friday said they are planning on cutting import tariffs on US Corn, move to import more US natural gas and increase joint investment in the energy sector.

“Thailand’s exports to the US were $54.9 billion, around 19% of their total exports. The US is estimated to run a trade deficit of -$45.6 billion with Thailand.”

Therefore, increased volatility expectations continue.

Highlights next week will include Housing Data as well as the Powell speech. Earnings reports will be in full swing for Q1, it is my belief the recent equity selloffs are partially related to the future of earnings report guidance as uncertainty continues.

Will sell the rumor buy the facts be in play?

Earnings Next Week:

  • Mon. Quiet
  • Tue. J&J, B of A, b4 open
  • Wed. The Progressive Corp b4 open
  • Thu. United Healthcare b4 open, Netflix after close
  • Fri. Markets Closed in Observance of Good Friday

FED SPEECHES:

  • Mon.     Barkin 11am CDT, Waller, 12 noon CDT, Harker 5pm CDT, Bostic 6:40 PM CDT
  • Tues.     Barkin 10:35am CDT, Cook 4:10pm CDT
  • Wed.     Hammack 11am CDT, Fed Chair Powell Speech 12:30pm CDT, Schmid 6:00pm CDT
  • Thu.      Barr 10:45am CDT,
  • Fri.       Markets Closed in Observance of Good Friday

Economic Data week:

  • Mon. US Consumer Inflation Expectations
  • Tue. Empire State MFG. Index
  • Wed. Retail Sales, industrial Production, Cap Utilization, Bus. Inventories, NAHB Hsg. Market Index, EIA Crude Stocks,
  • Thur. Bldg. Permits, Housing Starts, Jobless Claims, Philly Fed, EIA Nat Gas
  • Fri. Markets Closed in Observance of Good Friday

Futures 102: Options on Futures Trading for Equity Traders

Course overview

This course is geared towards traders familiar with trading equity options and will show you how a little knowledge around futures can help you transition from equity options to options on futures, using many of the strategies you already deploy. You will learn how options on futures are priced, how options can help you diversify your portfolio, as well as let you see opportunities during major economic events where you could trade options.

Start FREE Course Now

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Hot Futures Trading 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 needs.

Free Trial Available

May Wheat – Corn Spread

The May wheat – corn spread is threatening to break down into a new contract low. At this point, new sustained lows would project a possible slide to the third PriceCount objective in the 16 area.

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The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved.

It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Brokers Futures Trading System of the Week

X Factor ES Trading System

Market Sector: Stock Index Futures

Markets Traded:   ES

System Type: Day Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $10,000

Developer Fee per contract: $125.00 Monthly Subscription

System Description: 

Trade ES futures. Started June 2020 and proud of it’s return. There are 4 independent optimized systems coded to seek long or short entries, and the system only uses the higher probability signal. System contains a money management component.

Get Started

Learn More

7d764983 4bb1 4c50 83ea 6e905e684b25

Disclaimer: The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not necessarily indicative of future results.

Futures Trading Disclaimer:

Transactions in securities futures, commodity and index futures and options on futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract, meaning that transactions are heavily “leveraged”.

A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you. You may sustain a total loss of initial margin funds and any additional funds deposited with the clearing firm to maintain your position.

If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position. If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit. 

Please read full disclaimer HERE.

Would you like to get weekly updates on real-time, results of systems mentioned above?
Yes
No

Futures Trading Levels for Next Week

Daily Levels for April 14th, 2025

5b306294 99f9 4a7c ad09 bc24e753632e

Would you like to receive daily support & resistance levels?
Yes
No

Futures Trading Reports for Next Week

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

www.mrci.com

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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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5 Key Price Limit Insights That Help Navigate May Bean Oil Volatility

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Cannon Futures Weekly Letter

In Today’s Issue #1237

  • About Price Limits

  • The Week Ahead – FOMC Minutes, tariffs News to Fuel Volatility
  • Futures 102 – Technical Analysis Course
  • Hot Market of the Week – May Bean Oil
  • Broker’s Trading System of the Week – Abacus Raider NQ Day Trading System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

Price Limit

price limit

A price limit is the maximum price range permitted for a futures contract in each trading session. When markets hit the price limit, different actions occur depending on the product being traded.

Some markets may temporarily halt until price limits can be expanded or trading may be stopped for the day based on regulatory rules.

Different futures contracts will have different price limit rules; i.e. Equity Index futures have different rules than Agricultural futures.

Price limits are re-calculated daily and remain in effect for all trading days (except in certain physically-deliverable markets, where price limits are lifted prior to expiration so that futures prices are not prevented from converging on prices for the underlying commodity).

Equity Indexes futures have a three level expansion: 7%, 13% and 20% to the downside, and a 7% limit up and down in overnight trading.

Follow the links below to the CME Group web site to find more information on price limits generally and specific price limits for the markets you’re trading:

Find daily price limits for CME Group Agricultural, Cryptocurrency, Energy, Equity Index, Interest Rates, and Metals products: click here.

Price Limit

Important Notices: The Week Ahead

By Mark O’Brien, Senior Broker

Tariffs News & FOMC Minutes to Dominate Markets & Volatility

U.S. stocks and many commodities like metals, energies, softs and grains were battered by a sell-off Friday after China retaliated against the United States for President Donald Trump’s tariffs in a tit-for-tat that looks to be escalating a global trade war.

The E-mini Dow Jones futures contract plunged by over 2,150 points this afternoon, ±5.3%. The broader E-mini S&P 500 was 5.9% lower. The E-mini Nasdaq futures contract dropped over 1000 points for the second day / ±5.9% on track to close in a bear market — down more than 20% from its record high in December.

Traders have been looking at the dramatic escalation of a trade war and viewing it as a potential to plunge the U.S. and global economies into recession.

The feeling is that odds of a recession would rise if countries began to retaliate against the United States — and China did so Friday. Retaliation raises the risk of further escalation and could diminish hopes for negotiation.

FED SPEECHES:

  • Mon.    Bostic 12: Fed Governor Adriana Kugler speaks, 9:30 A.M., C.T.
  • Tues.  No scheduled Fed speakers
  • Wed.    Richmond Fed President Tom Barkin speaks, 10:00 A.M.,C.T.
  • Thu.     Kansas City Fed President Jeff Schmid speaks, 9:00 A.M., C.T.
  •         Fed Governor Michelle Bowman testifies to Senate, 9:00 A.M., C.T.
  • Fri.      New York Fed President Williams speaks, 100:00 A.M., C.T.

Economic Data week:

  • Mon. Consumer Credit, 2:00 P.M., C.T.
  • Tue. Quiet
  • Wed. Wholesale Inventories, Minutes of Fed.’s March FOMC meeting
  • Thur. Consumer Price Index, Initial Jobless Claims
  • Fri. Producer Price Index

Futures 102: Technical Analysis

Course overview

There are two types of analysis used by traders to inform their trading decisions. Technical analysis and fundamental analysis. In this course, you will learn about the various patterns, indicators, and analysis techniques traders use when studying the price of a commodity.

We will start at the beginning by learning how to read price charts. Then we’ll cover some of the more popular techniques such how to identify trend and reversal patterns, finding support and resistance levels, and various oscillators.

Start FREE Course 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 needs.

Free Trial Available

bean oil

May Bean Oil

May bean oil accelerated to its third upside PriceCount objective that was consistent with a challenge of the overhead highs. Now, the chart is correcting.

At this point, IF you can break out above the Nov/Feb Peaks and sustain new highs, the low percentage fourth count would project a possible run to 53.68 which is near the original third objective at 53.90.

The convergence of PriceCounts adds to the significance of that target area.

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That’s May Bean Oil!

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

Abacus Raider NQ Trading System

Market Sector: Stock Index Futures

Markets Traded:   NQ

System Type: Day Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $10,000

Developer Fee per contract: $70.00 Monthly Subscription

System Description: 

An NQ day trading system currently traded by the developer who has 15+ years’ experience. The system identifies opportunities where there is a high probability of profit over a time frame lasting no longer than a few minutes. Short holding periods reduce risk and drawdown size and require less capital.

The system trades long and short, performs in low or high volatility markets and has no significant correlation to the S&P500 index. It is robust with simple logic and averages 4-5 trades a month with no overnight positions. System is not available in the MNQ market.

Get Started

Learn More

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Disclaimer The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not necessarily indicative of future results.

Futures Trading Disclaimer:

Transactions in securities futures, commodity and index futures and options on futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract, meaning that transactions are heavily “leveraged”.

A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you. You may sustain a total loss of initial margin funds and any additional funds deposited with the clearing firm to maintain your position.

If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position.

If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit.

 Please read full disclaimer HERE.

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Trading Levels for Next Week

Daily Levels for April 7th, 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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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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Listen to our podcast: Subscribe on AppleSpotify, Amazon

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USDA, Non Farm Payroll, & Powell; 3 Poised to Drive Market Volatility in Triple Threat!

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USDA

Cannon Futures Weekly Letter

In Today’s Issue #1236

  • The Week Ahead – Non-Farm Payroll, Prospective Plantings and Fed Chair Powell
  • Futures 102 – Intro to Crude Oil Futures
  • Hot Market of the Week – Bloomberg Commodity (CRB) Index
  • Broker’s Trading System of the Week – Combo Breakout Swing System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

Non Farm Payroll Friday!

non farm payroll

June gold is front month!

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

USDA, Non Farm Payroll, Prospective Plantings and Fed Chair Powell?

USDA

One of the most impactful Agricultural reports of the year will be released Monday at 11:00 am CDT. The Prospective Plantings report and Grain Stocks released by the USDA will offer a needed insight into prospective acreage plantings for grains and oilseeds.

I have included commentary from The Progressive Farmers’ DTN top analyst for your review: DTN Pre-Report analysis

usda

More volatility to come as next week all markets will be reacting, as they have been, to the Global Tariff talk.

Non Farm Payroll

Highlights next week will include the aforementioned Grain report. Non farm Payroll (NFP) Friday followed by Fed Chair J. Powell and other Fed Speakers. This may be the final Q4 2024 Earnings guidance as we will see a mere 67 releases the entire week.

USDA, Non Farm Payroll

 Earnings Next Week:

  • Mon. Quiet
  • Tue. Quiet
  • Wed. Quiet
  • Thu. Conagra, Constellation Brands
  • Fri. Quiet

FED SPEECHES:

  • Mon.    Bostic 12:45 CDT, Barr 2:10 CDT,
  • Tues.    Kugler 7:40 CDT, Williams 8:05 CDT ,
  • Wed.    Kugler 3:30 CDT
  • Thu.     Jefferson 11:30 CDT, Cook 1:30 CDT
  • Fri.       Fed Chair J. Powell 10:25 CDT, Barr 11:00 CDT, Waller 11:45 CDT

Economic Data week:

  • Mon. Chicago PMI, Dallas Fed, USDA Prospecting Plantings and Grain Stocks
  • Tue. Redbook, ISM Mfg. Final, JOLTS, Dallas Fed.,
  • Wed. EIA Crude Stocks, ADP, Factory Orders
  • Thur. Initial Jobless Claims, ISM Svcs Final, EIA Nat Gas
  • Fri. Non-Farm Payroll

USDA, Non Farm Payroll

Futures 102: Introduction to Crude Oil futures

Course overview

crude oil

Today’s energy crude oil market is truly global. From West Texas Intermediate (WTI) to Brent and DME Oman, the crude oil market fuels many of the world’s leading economies and impact nearly every nation. Energy crude oil futures and options provide the tools the industry needs to manage risk.

Explore the key concepts and structure of today’s energy markets, including the factors that affect supply and demand and move prices. Learn how to use these instruments to hedge exposure and unlock opportunities.

Start FREE Course Now

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USDA, Non Farm Payroll

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 needs.

Free Trial Available

Bloomberg Commodity Index

The Bloomberg Commodity Index is a basket of 24 commodities spread across energy, grains, softs, livestock, industrial and precious metals. The weekly chart has developed a 2-year sideways range of trade. IF the chart can break out to the topside, there are upside PriceCount objectives in place which suggest that this index would have significant potential to run.

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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.

USDA, Non Farm Payroll

Brokers Trading System of the Week

Combo Breakout 1 Trading System

Market Sector: Diversified / Multiple

Markets Traded:  C , KW , S , W , CL , HO , NG , RB , KC , SB , FGBL , TU , FV , BP , EC , JY , SF , DX , FESX , GC , EMD , NQ , RTY , ES , YM ,

System Type: Swing Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $50,000

Developer Fee per contract: $200.00 Monthly Subscription

System Description: 

Portfolio Combo Breakout I consists of 5-6 daytrade and swing strategies using different symbols, timeframes, and session templates. All strategies are developed by simple, structured, and proven breakout models based on strong fundamental logics.

All strategies are fully robustness tested as well as stress tested with no position sizing, more contracts can be traded. The 5-6 strategies have very low correlations (Less than 0.1) in order to achieve smoother portfolio equity curve.

Combo Breakout I is specially designed to trade with Combo Breakout II and Combo Breakout III for their low correlations in the portfolio level.

Get Started

Learn More

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USDA, Non Farm Payroll

Disclaimer: The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not necessarily indicative of future results.

Futures Trading Disclaimer:

Transactions in securities futures, commodity and index futures and options on futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract, meaning that transactions are heavily “leveraged”.

A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you.

You may sustain a total loss of initial margin funds and any additional funds deposited with the clearing firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position.

If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit. Please read full disclaimer HERE.

Would you like to get weekly updates on real-time, results of systems mentioned above?
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No

Trading Levels for Next Week

Daily Levels for March 31st, 2025

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Trading Reports for Next Week

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

www.mrci.com 

5aa002c1 163a 47ff 8281 fd2bdaab6fcc

Find us on Trustpilot

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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.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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3 Explosive, Novel Opportunities in Bitcoin & Cocoa Futures You Can’t Miss

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Cannon Futures Weekly Letter

In Today’s Issue #1235

May Cocoa, Bitcoin Futures

cocoa 2

  • The Week Ahead – Inflation Data, Earnings & Housing
  • Futures 102 – Intro to Bitcoin Futures
  • Hot Market of the Week – May Cocoa

  • Broker’s Trading System of the Week – Mini SP500 intraday System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

First week of Spring!

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

 

Where will volatility come from next week?

 

Highlights next week will include more Housing data and plenty of “Soft Data” about consumer confidence and hard data about inflation. Earnings are in the bottom of the Ninth inning, I have included below the largest cap stocks reporting next week, you will agree: these should not have much of an impact on the price of any of the indices.

Finally, the FED Speakers are back! 9 separate speeches, the times are below.

Earnings Next Week:

  • Mon. McCormick Spice co
  • Tue. Gamestop
  • Wed. Cintas, Paychex,inc, Dollartree
  • Thu. Lululemon
  • Fri. Quiet

FED SPEECHES:

  • Mon.     Bostic 12:45 CDT, Barr 2:10 CDT,
  • Tues.     Kugler 7:40 CDT, Williams 8:05 CDT ,
  • Wed.     Kashkari 9:00 CDT, Musalem 9:10 CDT
  • Thu.      Barkin 3:30 CDT
  • Fri.       Barr 11:15 CDT, Bostic 2:30 CDT

Economic Data week:

  • Mon. Chicago Fed Nat’ l activity index, S&P Global composite PMI
  • Tue. Redbook, Case Schiller Home Price index, Consumer confidence, New Home Sales, Richmond Fed Mfg. Index,
  • Wed. Durable Goods, EIA Crude Stocks
  • Thur. GDP Final (consensus 2.3 % ann growth rate) , Core PCE (consensus 2.7%) Initial Jobless Claims, Pending Home Sales, EIA Nat Gas.
  • Fri. Core PCE M o M, Michigan Consumer Sentiment

Futures 102: Introduction to Cryptocurrency futures

Course overview

Cryptocurrency futures, available at CME Group, provide market participants with multiple products for cryptocurrency risk management or market expression. Expand your understanding of the cryptocurrency markets, products, and underlying reference rates. This course covers:

 

  • Bitcoin

  • Ether
  • Micro Bitcoin

  • Micro Ether
  • Options on Bitcoin futures

  • BTIC on Cryptocurrency futures

Start FREE Course 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 needs.

Free Trial Available

May Cocoa

May cocoa completed its first downside PriceCount objective early this month and spent time trading sideways in a consolidation trade. Now, the chart is threatening to break down again where new sustained lows would project a possible slide to the second count in the 7130 area.

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The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved.

It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Brokers Trading System of the Week

Abacus Momentum Trading System

System Description

Market Sector: Stock Indexes

Markets Traded:  ES ,

System Type: Day Trading

Risk per Tradevaries

Trading Rules: Not Disclosed

Suggested Capital: $19,500

System Description: 

An ES day trading system currently traded by the developer who has 15+ years’ experience. The system seeks to catch significant intra-day moves (long or short) on days when market movement is expected to be above average.

Short positions trade one contract but long positions trade two contracts to reflect a lower risk/reward profile. Correlation to the S&P500 index is very low and the system is designed to perform in both bull and bear markets. The system is robust with simple logic and averages 5-6 trades a month without the risk of overnight positions.

Recommended Cannon Trading Starting Capital

$20,000

COST

Developer Fee per contract: $145.00 Monthly Subscription

Get Started

Learn More

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Disclaimer The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not necessarily indicative of future results.

Futures Trading Disclaimer:

Transactions in securities futures, commodity and index futures and options on futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract, meaning that transactions are heavily “leveraged”. A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you.

You may sustain a total loss of initial margin funds and any additional funds deposited with the clearing firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position.

If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit.

Please read full disclaimer HERE.

Would you like to get weekly updates on real-time, results of systems mentioned above?
Yes
No

Trading Levels for Next Week

Daily Levels for March 24th, 2025

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Would you like to receive daily support & resistance levels?
Yes
No

Trading Reports for Next Week

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

www.mrci.com

175bb7ef 98e7 4a69 92bf ed5a317d9a1d

Find us on Trustpilot

stars

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 AppleSpotify, Amazon

or wherever you listen to podcasts!

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Currency & Stock Index Futures: Avoid Costly Mistakes with these 3 Critical Deadlines

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Cannon Futures Weekly Letter

In Today’s Issue #1234

  • Rollover
  • The Week Ahead – FOMC, Housing
  • Futures 102 – Can you handle Drawdowns??
  • Hot Market of the Week – May KC/ Chi Wheat Spread
  • Broker’s Trading System of the Week – NQ intraday System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

currency

Currencies Last Trading Day & Stock Index rollover

Time to start trading June Stock Index futures like MESM25 and MNQM25.

Symbol for June is M.

Monday, March 17th is Last Trading Day for all currency futures contracts, except the Canadian Dollar (Last Trading Day for the Canadian Dollar is Tuesday, March 18th). Currency futures contracts are DELIVERABLE CONTRACTS. You need to exit ALL LONG and SHORT open positions or be required to deliver or take delivery of the ACTUAL NOMINAL VALUE of the respective futures contract, i.e. $12,500 Euros, or $12,500,000 Japanese Yen. DO NOT put your account is this position. Exit all March ‘25 currency futures. Start trading currency futures with the June ’25 futures contracts.

Friday, March. 21st is Last Trading Day for March stock index futures contracts, i.e., the E-mini S&P, E-mini NASDAQ, E-mini Dow Jones and their Micro relatives. These futures contracts will halt trading at 8:30 A.M., Central Time and are cash settled, meaning any remaining open positions will be offset/settled using a to-be-determined settlement price. It is recommended that all new positions be placed in the June ‘25 futures contracts as of this Sunday night’s opening of trading. Volume in the March ‘25 contracts will begin to drop off until their expiration Friday, March. 21th.

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

FOMC Week!

Indices traders roll to June, —M25

The Senate will vote today on a continuing resolution spending bill to keep the govt. open until Sept. 30. It must be on the Presidents desk by 11:59 pm EST to avoid a shut down, This may occur during market hours or after.

More volatility to come as next week all markets will be reacting to the potential for tariff implementations creating uncertainty in the marketplace. Therefore, increased volatility expectations.

Highlights next week will include Housing Data as well as the Wednesday Rate decision. Earnings reports continue to dwindle with 271 total reports while we are in the top of the 9th inning of earnings season, the reports will be impacting the indices much less than in past weeks Highlighted by many Chinese corp. reports. Finally, for Indices traders, contract rollover Monday. June will become the front month. M25. If you are on the new StoneX Platform, click on your current month tab at the top of your DOM or HOT to open the menu. Then slide down to Replace, now type in EPM25 if you are trading the Mini-S&P or ENQM25 for the Mini Nasdaq.

Earnings Next Week:

  • Mon. Quiet
  • Tue. Quiet
  • Wed. Tencent
  • Thu. Micron, Nike
  • Fri. Quiet

FED SPEECHES:

  • Mon.     Fed Blackout period
  • Tues.     Fed Blackout Period persists
  • Wed.     Fed Rate Decision 3/19/25 Chair Powell will Speak, 30 minutes after the rate decision.
  • Thu.      Last day of Fed Blackout period
  • Fri.       Williams 8:05 am CDT

Economic Data week:

  • Mon. Empire State Mfg., NAHB Housing Market Index
  • Tue. Bldg. Permits, Housing Starts, Redbook, Industrial Production
  • Wed. EIA Crude Stocks, FOMC I.R. Decision 1:00 pm followed by Fed Presser 1:30 pm CDT
  • Thur. Initial Jobless Claims, Philly Fed, Existing Home Sales, EIA Nat Gas
  • Fri Quiet

Futures 102: System Traders: Can you handle the drawdowns?

Many investors may think, “I can handle drawdown”, but honestly you have no idea how much drawdown you can handle until you have been stuck in the eye of a number of your own personal drawdown storms.

While drawdown is a natural part of trading and investing, what does differ is how much drawdown each investor can mentally handle. As humans, we all ‘see’ the world differently. What appears as something normal to one person can appear completely disastrous to another. While a 10% portfolio drawdown could be extreme for one investor, the next investor may be able to trade through periods of 50% plus drawdown.

From the behavioral finance point of view, some of the main negative facts of the human brain related to trading are:

  1. The fact that weak traders tend to be reluctant to realize losses and quick to realize gains. They are more risk averse when dealing with profitable positions and more risk seeking when dealing with losses.
  2. The fact that weak traders make inconsistent and irrational economic decisions over the same scenario depending on how it is described.
  3. The fact that weak traders deals with positions as if they were expecting mean reversion of prices. They are expecting the price to return to a long term average. This is the principle that makes them think they are buying expensive positions on volatility breakout or trend following strategies.

It is out of the scope of this article to talk much more about this science, but I will just point that:

  1. Weak traders know nothing about behavioral finance, so they think that his gut feeling is right and base their decisions on his gut feeling.
  2. Smart traders knows about behavioral finance. A smart trader has already studied about this and trained himself to overcome this limitations.  At least they know how to deal with their brain to avoid most of the damage it can create on their trading accounts. The best traders knows even how to monetize from this herd behavior.

Are drawdown periods a bad thing?

 

In my opinion, they are not a bad thing, in fact I believe that drawdown periods are a very sane and good thing for any solid strategy. Drawdown periods are very efficient to shake out weak traders from the strategy while smarter traders can pick up their money (which is the name of the game after all).

The time that passes since the first equity high until we reach a new equity high is the drawdown period.

So a drawdown period has two dimensions:

  • The drawdown depth
  • The drawdown length

Most people mostly care about the drawdown depth as this is what is easier to see on back tests. But human the brain is much more affected by drawdown length. During live trading, it is easier to deal with a 10% drawdown for one week than with a 5% drawdown for five months.

  • Detailed statistical information about the strategy: Expected profit, expected drawdown, maximal drawdown depth and length, average win percentage, reward to risk ratio, …
  • Different scenarios and the actions to take (if any): intense and/or deep drawdown periods and what to do (or do nothing), whether to trade during Christmas time or summer time, whether to keep opened positions during weekends or not, what to do after a losing year (or do nothing), funding and withdrawing plan, …
  • A very clear worst case scenario: it is basically the “line in the sand” where we know that the strategy has lost it’s edge and something must be done (stop trading the strategy, adapting parameters, …). There are many ways to calculate it (double the max historical drawdown, using montecarlo simulations, using regression lines multiplied by x times the standard deviation on the equity curve, …). In the end it is a number. The important thing is to have it written in the trading plan.

When facing a problem that generates pain or panic such as a sudden deep drawdown, most of the time, when analyzed with rigor and care, the problem is not so important, and everything is within expected statistics. You will see that there were many periods in the past with similar characteristics.

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 needs.

Free Trial Available

May KC – Chicago Wheat Spread

The KC-Chicago wheat spread has resumed its rally into a new high. If the chart can sustain further strength, the second upside PriceCount projects a possible run to the 32-cent area.

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The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

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.

Intra Nasdaq

PRODUCT

Mini NASDAQ

SYSTEM TYPE

Day Trading

Recommended Cannon Trading Starting Capital

$20,000

COST

USD 85 / monthly

Get Started

Learn More

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The performance shown above is hypothetical in that the chart represents returns in a model account. The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real‐time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on back adjusted data. Please read full disclaimer HERE.

Would you like to get weekly updates on real-time, results of systems mentioned above?
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Trading Levels for Next Week

Daily Levels for March 17th, 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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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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⚠️ 5 Market Hazards Ahead – Soybean, Volatility, CPI & The Fed’s Blackout Shaking up Markets!

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Cannon Futures Weekly Letter

Soybean

March Soybean

In Today’s Issue #1233

  • Time Change
  • The Week Ahead – CPI, PPI, Fed Blackout
  • Futures 102 – Intro to Treasury Futures
  • Hot Market of the Week – May July Beans Spread
  • Broker’s Trading System of the Week – ES intraday System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

USA Time Change!!

Final Week of Standard time in the U.S. “Spring Forward!” Begins Sunday, March 9th.

Advance your clocks 1 hour @ 2 A.M.

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

 

Final Week of Standard time in the U.S. “Spring Forward!” Begins Sunday, March 9th.

Advance your clocks 1 hour @ 2 A.M.

More volatility to come as next week all markets will be reacting to the potential for tariff implementations creating uncertainty in the marketplace. Therefore, increased volatility expectations.

Highlights next week will also include CPI and PPI Wednesday and Thursday respectively prior to cash market open. No fed speakers as we enter the official “BlackOut” period. The next Fed Rate decision is do out the following week.

Earnings reports continue to dwindle with 302 total reports while we are in the top of the 9th inning of earnings season, the reports will be impacting the indices much less than in past weeks.

I am including the European carmakers as a benchmark. My belief is the market will be much more interested in the earnings of these companies in future quarters as bell weathers for potential tariff effects. Finally, for Indices traders, at the end of next week, Friday, this should be the last day you will want to trade the March contract. June will become the front month. M25.

Earnings Next Week:

  • Mon. Oracle post close
  • Tue. Volkswagen AG
  • Wed. Adobe post close, Porsche.
  • Thu.  Quiet
  • Fri. BMW

FED SPEECHES:

  • Mon.     Fed Blackout period
  • Tues.     until the day after
  • Wed.     the next rate announcement
  • Thu.     On Wednesday March 19th
  • Fri.       3/19/25 Chair Powell will Speak, 30 minutes after the rate decision.

Economic Data week:

  • Mon. Quiet
  • Tue. Redbook, Jolts, WASDE
  • Wed. CPI, EIA Crude Inventories, Beige Book
  • Thur. PPI, Initial Jobless Claims, EIA Nat Gas
  • Fri. Michigan Consumer Sentiment

Futures 102: Introduction to Treasuries

Course Overview

Central banks like the U.S. Federal Reserve help shape short- and long-term economic growth by restricting or expanding the supply of money circulating in an economy. They do this through the use of debt obligations called treasuries — such as bills, notes and bonds – in which the government borrows money from the holder for a specified period of time. Because treasuries are viewed as being among safest of all investments, they can be in high demand.

Treasury futures offer one way to gain exposure without trading the individual securities themselves. Learn the basics behind trading Treasury futures, from the delivery process, contract specifications, key concepts like basis and Cheapest to Deliver (CTD) and more. Discover the different ways these contracts are used, from price discovery to risk management to profit speculation, and how they are intertwined with other financial markets like stocks and currencies.

 

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 needs.

Free Trial Available

Soybean Spread

May – July

The May – July soybean spread accelerated with a gap higher where it completed its second upside PriceCount objective off the February low. The chart is correcting and closed the gap. IF you can resume the rally with new sustained highs, the third count would project a possible run to the -9 area, which would be consistent with a challenge of the January spike reversal.

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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

The NZL automated trading system utilizes two main ALGOS in an attempt to identify either an early trend in the trading day and/or high percentage counter trend set ups.

The system is fully automated and runs between the hours of 4 AM central and 3:15 PM Central.

The model relies on volume charts rather than time charts.

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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The performance shown above is hypothetical in that the chart represents returns in a model account. The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real‐time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on back adjusted data. Please read full disclaimer HERE.

Would you like to get weekly updates on real-time, results of systems mentioned above?
Yes
No

Trading Levels for Next Week

Daily Levels for March 10th, 2025

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Would you like to receive daily support & resistance levels?
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Trading Reports for Next Week

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

www.mrci.com

6465a7a5 f69b 4e65 a1bd 970a6b4811fa

Find us on Trustpilot

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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.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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Micro E-Mini & Micro Grains: Expanding Futures Trading Flexibility

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Cannon Futures Weekly Letter

In Today’s Issue #1232

Micro Grains in the Spotlight!

micro grains

  • MICRO Grains are available!

  • The Week Ahead – Non Farm Payrolls, Powell Speaking & More Volatility
  • Futures 102 – Understanding MICRO e-minis
  • Hot Market of the Week – May Cotton
  • Broker’s Trading System of the Week – ES intraday System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

Micro Grains are available:

Micro Grains: This permanent demo is available to all clients using the StoneX futures ( CQG desktop) platform as long as you have a balance.

CME Group, the world’s leading derivatives marketplace, announced in late January that it will launch a suite of micro grain and oilseed futures contracts. These contracts will be cash-settled and be one-tenth the size of the exchange’s Corn, Wheat, Soybean, Soybean Oil and Soybean Meal futures contracts.

Their first day of trading was this last Monday, Feb. 24.

Quoting John Ricci, Managing Director and Global Head of Agriculture from CME Group’s press release: “Our benchmark grain and oilseed futures products are the most liquid and highly-utilized markets in global agriculture today. These smaller-sized contracts will provide additional flexibility for market participants to manage their agricultural portfolios with greater precision.”

Micro Corn, Wheat, Soybean, Soybean Oil and Soybean Meal futures will be listed by and subject to the rules of CBOT. For more information and additional contract specs, please visit www.cmegroup.com/microags.

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

Final Week of Standard time in the U.S. “Spring Forward!”

More volatility to come as next week all markets will be reacting to the potential for tariff implementations creating uncertainty in the marketplace. Therefore, increased volatility expectations.

Highlights next week will also include Nonfarm Payrolls on Friday prior to cash market open. 9 fed speakers including Fed Chair J. Powell on Friday morning as earnings reports begin dwindling with 378 total reports while we are in the 8th inning of earnings season, the reports will be impacting the indices much less than in past weeks.

Earnings Next Week:

  • Mon. quiet
  • Tue. Crowdstrike post close
  • Wed. quiet
  • Thu.  Costco and Broadcom post close
  • Fri. quiet

FED SPEECHES:

  • Mon. Musalem 10:35 am CST
  • Tues. Williams 1:20 pm CST
  • Wed. quiet
  • Thu. Waller 2:30 pm CST, Bostic 5:00 pm CST
  • Fri. Bowman 9:15 am, Williams 9:45 am, Kugler 11:20 pm, Fed Chair J. Powell 11:30 am, Kugler 12:00 pm all times CST.

Economic Data week:

  • Mon. S&P Global Mfg. PMI, ISM Mfg. PMI,
  • Tue. RedBook,
  • Wed. ADP, S&P Global Svcs. PMI, Factory orders, ISM Svcs. PMI, EIA Crude Inventories, Biege Book
  • Thur. Balance of Trade, Initial Jobless Claims, EIA Nat Gas
  • Fri Non-Farm Payrolls

Futures 102: MICRO E-Mini Futures

Course Overview

The next big thing in equities trading

This course will provide insight into the Micro E-mini futures, including a size comparison to classic E-mini contracts, a look at enhanced exposure and the benefits Micro E-mini futures can offer you.

More precisely hedge index exposure and manage your positions with more versatility, since Micro E-mini futures are fungible with classic E-mini contracts. Even get examples of how to hedge more precisely with Micro E-mini futures.

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 needs.

Free Trial Available

May Cotton

May cotton has resumed its break with a new contract low. This has the chart taking aim at its third downside PriceCount objective to the 64.60 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

The NZL automated trading system utilizes two main ALGOS in an attempt to identify either an early trend in the trading day and/or high percentage counter trend set ups.

The system is fully automated and runs between the hours of 4 AM central and 3:15 PM Central.

The model relies on volume charts rather than time charts.

PRODUCT

Mini SP500

SYSTEM TYPE

Day Trading

Recommended Cannon Trading Starting Capital

$36,000

COST

USD 199 / monthly

Get Started

 

Learn More

9fef8d53 525b 45f2 b9db 332eb03b0be2

The performance shown above is hypothetical in that the chart represents returns in a model account. The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real‐time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on back adjusted data. Please read full disclaimer HERE.

Would you like to get weekly updates on real-time, results of systems mentioned above?
Yes
No

Trading Levels for Next Week

Daily Levels for March 3rd, 2025

23ee993f 9811 4e0b 815b c084934e8413

Would you like to receive daily support & resistance levels?
Yes
No

Trading Reports for Next Week

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

www.mrci.com

5f3f9608 8bcb 46c6 96aa 982f2dbd9452

Find us on Trustpilot

stars

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 AppleSpotify, Amazon

or wherever you listen to podcasts!

S
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