Exclusive trial to BetterTrader.com APP a valuable tool in trading around economic reports. $498 value as a free trial. 4.12.2017
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
____________________________________________________________________
Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
____________________________________________________________________
EXCLUSIVE OFFER: Free trial for BetterTrader.co APP ($498 value!!)
Cannon Trading has partnered with BetterTrader.co allowing Cannon Trading users 60 days of free (Regular monthly cost is $249) access to BetterTrader app and web platform.
You can now enjoy real time analysis and statistically backtested trade ideas right after the release of economic events
If you are trading or traded before you have noticed many major moves that happen right after certain reports. BetterTrade App can help you trade these reports in more than one way.
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!
Levels for Trade Date of 04.12.2017
| Contract June 2017 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | Dollar Index |
| Resistance 3 | 2379.75 | 5497.42 | 20818 | 1398.93 | 101.43 |
| Resistance 2 | 2367.75 | 5463.33 | 20721 | 1387.67 | 101.22 |
| Resistance 1 | 2357.25 | 5426.17 | 20643 | 1380.93 | 100.93 |
| Pivot | 2345.25 | 5392.08 | 20546 | 1369.67 | 100.72 |
| Support 1 | 2334.75 | 5354.92 | 20468 | 1362.93 | 100.44 |
| Support 2 | 2322.75 | 5320.83 | 20371 | 1351.67 | 100.23 |
| Support 3 | 2312.25 | 5283.67 | 20293 | 1344.93 | 99.94 |
| Contract | June Gold | May Silver | May Crude Oil | June Bonds | June Euro |
| Resistance 3 | 1305.8 | 18.86 | 54.26 | 154 12/32 | 1.0717 |
| Resistance 2 | 1291.6 | 18.59 | 53.85 | 153 24/32 | 1.0691 |
| Resistance 1 | 1283.1 | 18.44 | 53.53 | 153 9/32 | 1.0665 |
| Pivot | 1268.9 | 18.18 | 53.12 | 152 21/32 | 1.0639 |
| Support 1 | 1260.4 | 18.03 | 52.80 | 152 6/32 | 1.0614 |
| Support 2 | 1246.2 | 17.76 | 52.39 | 151 18/32 | 1.0588 |
| Support 3 | 1237.7 | 17.61 | 52.07 | 151 3/32 | 1.0562 |
| Contract | May Corn | May Wheat | May Beans | May SoyMeal | May Nat Gas |
| Resistance 3 | 376.3 | 448.4 | 958.58 | 317.37 | 3.37 |
| Resistance 2 | 372.7 | 441.6 | 950.92 | 314.03 | 3.32 |
| Resistance 1 | 369.6 | 437.4 | 945.08 | 312.17 | 3.24 |
| Pivot | 365.9 | 430.6 | 937.42 | 308.83 | 3.19 |
| Support 1 | 362.8 | 426.4 | 931.6 | 307.0 | 3.1 |
| Support 2 | 359.2 | 419.6 | 923.92 | 303.63 | 3.07 |
| Support 3 | 356.1 | 415.4 | 918.08 | 301.77 | 2.99 |
All times are Eastern time Zone (EST)
Source: http://www.forexfactory.com/calendar.php
| Date | 3:58pm | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | |
|---|---|---|---|---|---|---|---|---|---|
| WedApr 12 | 2:00am | EUR |
German WPI m/m
|
0.4% | 0.5% | ||||
| 4:00am | GBP |
BOE Gov Carney Speaks
|
|||||||
| 4:30am | GBP |
Average Earnings Index 3m/y
|
2.1% | 2.2% | |||||
| GBP |
Claimant Count Change
|
-10.2K | -11.3K | ||||||
| GBP |
Unemployment Rate
|
4.7% | 4.7% | ||||||
| Tentative | EUR |
German 10-y Bond Auction
|
0.41|1.5 | ||||||
| 8:30am | USD |
Import Prices m/m
|
-0.3% | 0.2% | |||||
| 10:30am | USD |
Crude Oil Inventories
|
-0.7M | 1.6M | |||||
| 1:01pm | USD |
30-y Bond Auction
|
3.17|2.3 | ||||||
| 2:00pm | USD |
Federal Budget Balance
|
-150.0B | -192.0B | |||||
| 7:01pm | GBP |
RICS House Price Balance
|
22% | 24% |
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.
