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Day trading ALGO – FREE TRIAL 2.24.2017

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Heads up: Front month for energies is now April. Both crude oil and Natural gas numbers are out tomorrow. Check reports section below. 

Here is a screen shot from our trading platform, E-Futures Int’l along with enabled studies/ALGO I have created, which you can try on your own. it comes with a 15 minute remote session, 25 minute video and a 23 page PDF that explains the concept.

The screen shots are for Gold and Natural gas from yesterday’s session.

Red diamond = possible sell. Green diamond = possible buy.

Along with a few simple rules, one can use this another tool for day trading.

E-Futures Int’l Chart

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW.  NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.  IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.  IN ADDITION, HYPOTHETICAL TRADING DOES NO INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING.  FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS.  THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS

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.

If you like Our Futures Trading Daily Support and Resistance Levels, Please share!

Futures Trading Levels

Levels for Trade Date of 02.24.2017

Contract March 2017  SP500 Nasdaq100 Dow Jones Mini Russell Dollar Index
Resistance 3 2383.50 5409.25 20922 1430.73 101.89
Resistance 2 2375.50 5385.25 20869 1419.17 101.66
Resistance 1 2369.00 5358.75 20829 1406.93 101.31
Pivot 2361.00 5334.75 20776 1395.37 101.08
Support 1 2354.50 5308.25 20736 1383.13 100.73
Support 2 2346.50 5284.25 20683 1371.57 100.50
Support 3 2340.00 5257.75 20643 1359.33 100.15
Contract Apr. Gold March Silver April Crude Oil Mar.  Bonds March  Euro
Resistance 3 1271.7 18.56 55.98 152 15/32 1.0672
Resistance 2 1262.0 18.39 55.46 152  8/32 1.0637
Resistance 1 1255.9 18.28 54.91 152  3/32 1.0614
Pivot 1246.2 18.10 54.39 151 28/32 1.0579
Support 1 1240.1 17.99 53.84 151 23/32 1.0555
Support 2 1230.4 17.82 53.32 151 16/32 1.0520
Support 3 1224.3 17.71 52.77 151 11/32 1.0497
Contract March  Corn March Wheat Mar. Beans March SoyMeal April Nat Gas
Resistance 3 376.3 464.7 1024.75 346.17 2.93
Resistance 2 374.0 461.8 1021.50 343.73 2.87
Resistance 1 369.8 457.7 1016.50 339.47 2.81
Pivot 367.5 454.8 1013.25 337.03 2.75
Support 1 363.3 450.7 1008.3 332.8 2.7
Support 2 361.0 447.8 1005.00 330.33 2.63
Support 3 356.8 443.7 1000.00 326.07 2.57

All times are Eastern time Zone (EST)

source:http://www.forexfactory.com/calendar.php

Date 2:56pm Currency Impact Detail Actual Forecast Previous Graph
FriFeb 24  4:30am GBP
BBA Mortgage Approvals
41.9K 43.2K
10:00am USD
New Home Sales
575K 536K
USD
Revised UoM Consumer Sentiment
96.1 95.7
USD
Revised UoM Inflation Expectations
2.8%

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.

Tags: > Posted in: Future Trading News  

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