Should you day-trade Bonds? + Levels/Reports for August 29th - Support & Resistance Levels

Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

Should you day-trade Bonds? + Levels/Reports for August 29th


Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!  


Dear Traders,

Like us on FaceBook!
If you are trading bonds, grains, silver, copper then it is time for you to move out of the September contract and into the next active month, in most cases it is December.
For example, US bonds would be ZBZ19.
Talking bonds…..I personally really like bonds and I think many short term traders overlook this market. Here is what I like about bonds:
  1. large tick size at $31.50
  2. Large volume at the bid-ask
  3. Lower trading costs since the exchange fees are about $0.80 round turn lower than the ES for example
  4. Different personality of market, trades differently than the ES or CL for that matter.
Worth exploring and trying in demo mode if you have not traded this market yet.

Good Trading

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


Futures Trading Levels



Economic Reports, source:


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.

Click to rate this post!
[Total: 0 Average: 0]
Posted in: Future Trading News  

Trading Expertise As Featured In

Trading Tips You Can Use Right Away!

Watch 4 short videos on the topics of:
  • Using Bollinger Bands and Parabolics
  • Using range Bars for Day-Trading
  • The concept of Price Confirmation
  • How to Use Support & Resistance Levels
  • License 3 Broker at your Fingertips