It happened to do so the following few days on the heels of general commodity “inflation”, demand and technical factors. Both copper and lumber used in building materials had a very powerful run up.

Futures Trading Levels

5-10-2021

Weekly Levels

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

https://mrci.com

Date Reports/Expiration Notice Dates

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading

Weekly Newsletter #1049 JOIN US in Introducing Micro Bitcoin Futures, Lean Hogs Chart Review & Trading Levels for Week Ahead 5.03.2021

April 30th, 2021 Filed under Bitcoin Futures, Future Trading News | Comment (0)

Cannon Futures Weekly Newsletter Issue # 1049

Dear Traders,

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Get Real Time updates and more on our private FB group!

https://business.facebook.com/groups/1105191589938254/

Trading 201 WEBINAR: Introducing Micro Bitcoin Futures Micro-sized Bitcoin, Major Possibilities

Wed, May 5, 2021 1:30 PM – 2:30 PM PDT

Show in My Time Zone

Cannon Trading & CME Group invite you to attend a webinar on Wednesday, May 5, about the NEW CME Group Micro BTC Futures. Join John Bria, CME Group’s Director of Client Development & Sales, as he discusses the growth of crypto, how this micro product has come to fruition and the opportunities that lie ahead for the active trader community.

An Introduction to Micro BTC Futures

Join us for an interactive session where John Bria, CME Group’s Director of Client Development & Sales, as he covers the fundamentals of Micro BTC Futures, while exploring ways in which active individual traders can use these products to diversify their portfolio.

In This Webinar You Will Learn:

• The evolution of cryptocurrency

• CME Group Micro Bitcoin product overview

• Explanation of Bitcoin Reference Rate and real-time index

• Difference in futures v spot transaction costs

• Scaling in and out with Micro Bitcoin Futures

• How to use Micro Bitcoin Futures to manage risk

SPACE is LIMITED, so reserve your space now!

https://attendee.gotowebinar.com/register/658480336180275724

Risk: 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

Click Here to Reserve your Seat NOW

Market Pick Review for the Week:

Hogs weekly chart below. Market is a bit overbought and may have a small correction however the trend and bias are still bullish and we finished Friday limit up basis the June contract.

Demand from China has slowed down a bit, however, summer is seasonally friendly for hogs. Should be an interesting price action next week. Experienced traders may look into selling vertical call spreads with 45 days left to expiration.

To access a free trial to the ALGOS shown in the chart along with other tools? (Arrows possible buy, squares = possible exit/ tighten stops) visit and sign up for a free trial for 21 days with real-time data.

Good Trading

Futures Trading Levels

5-03-2021

BTC Futures

Weekly Levels

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

https://mrci.com

Date Reports/Expiration Notice Dates

Weekly Newsletter #1048 JOIN US in Introducing Micro Bitcoin Futures, Soybean Futures Chart Review & Trading Levels for Week Ahead 4.26.2021

April 23rd, 2021 Filed under Bitcoin Futures, Future Trading News, Weekly Newsletter | Comment (0)

Cannon Futures Weekly Newsletter Issue # 1048

Dear Traders,

Like us on FaceBook!

www.facebook.com/CannonTrading

Get Real Time updates and market alerts on Twitter!

Get Real Time updates and more on our private FB group!

https://business.facebook.com/groups/1105191589938254/

Trading 201 WEBINAR: Introducing Micro Bitcoin Futures Micro-sized Bitcoin, Major Possibilities

Wed, May 5, 2021 1:30 PM – 2:30 PM PDT

Show in My Time Zone

Cannon Trading & CME Group invite you to attend a webinar on Wednesday, May 5, about the NEW CME Group Micro Bitcoin Futures. Join John Bria, CME Group’s Director of Client Development & Sales, as he discusses the growth of crypto, how this micro product has come to fruition and the opportunities that lie ahead for the active trader community.

An Introduction to Micro Bitcoin Futures

Join us for an interactive session where John Bria, CME Group’s Director of Client Development & Sales, as he covers the fundamentals of Micro Bitcoin Futures, while exploring ways in which active individual traders can use these products to diversify their portfolio.

In This Webinar You Will Learn:

• The evolution of cryptocurrency

• CME Group Micro Bitcoin product overview

• Explanation of Bitcoin Reference Rate and real-time index

• Difference in futures v spot transaction costs

• Scaling in and out with Micro Bitcoin Futures

• How to use Micro Bitcoin Futures to manage risk

SPACE is LIMITED, so reserve your space now!

https://attendee.gotowebinar.com/register/658480336180275724

Click Here to Reserve your Seat NOW

Soybeans Weekly Chart for your review below. Click here for LARGER IMAGE

May Soybeans have rallied $1.65 in just eight trading sessions, an increase of 12%. The soybean oil market has sliced through its 2011 highs to its highest level since July 2008. May corn closed limit up at 650 1/2 yesterday and has rallied 21.9% off of the March 30 low (a gain of $1.16 3/4). Including today’s session, May corn has not closed lower for 13 days in a row. May wheat closed 37 cents higher on the session yesterday and the buying pushed the market up to a new contract high. The market has now rallied as much as $1.20 off of the March 31st low or up 20.2%. China continues to be a massive buyer of old and new crop corn and soy products. Brazilian weather conditions (dry) as well as early U.S. crop year weather conditions (dry) are keeping upward pressure on extremely overbought prices, but don’t rule out a correction at any time.

Good Trading

Futures Trading Levels

4-26-2021

Weekly Levels

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

https://mrci.com

Date Reports/Expiration Notice Dates

Why Bitcoin is Becoming a Real Player

December 19th, 2017 Filed under Bitcoin Futures | Comment (0)

The weekend of December 16-17, 2017 saw new highs in the bitcoin futures index. Is it a bubble? CNN’s Daniel Shane said bitcoin futures trading “just got a whole lot bigger.” As the bubble got bigger, the warnings got louder.

The involvement of top financial institutions in the bitcoin market underscores its growing mainstream acceptance even as government officials, business leaders, and economists continue to warn people against investing in it. -Daniel Shane

Bitcoin value dropped about $1,000 between December 16-17, and bitcoin cash soared to a record high then lost half its value within that 24-hour period. Taking an average from several exchanges, CME bitcoins futures index must be traded in blocks of five. Opening trades in bitcoin futures on a reputable exchange could calm the nervous bitcoin value volatility. The New York Nasdaq is anticipated to offer bitcoin futures trading in 2018.

Read the rest of this entry »

Open a Bitcoin futures trading account! and Futures Trading levels for 12.01.2017

November 30th, 2017 Filed under Bitcoin Futures, Future Trading News | Comment (0)

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

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Dear Traders,

Front month for Silver and most grains is now March.

Front month for gold is now February.

Front month for bonds and other interest futures is now March 2018.

Today was the last trading day of the month and we witnessed some high volatility in crude, gold, coffee to name a few. Take notes in your journal and keep in mind that the first trading day of the month can also be volatile….

Last but not least…How to open a Bitcoin futures trading account:

We got calls and inquiries about trading Bitcoin futures.

If you already have an account with us, you simply need to make sure it is active and funded and as soon as the CFTC approves the new product and CME launches trading, we will update the trading platforms and you will be able to trade Bitcoin futures.

Keep in mind that we are still waiting for information regarding margins/day trading margins etc.

You should be able to trade, day trade and trade options on bitcoin futures as long as you have the proper margin in the account.

We are “guestemating ” that overnight margins will be around $20,000 and that daytrading margins will be somewhere between $2500 to $10,000. This is a rough estimate and we will know more once CFTC approval goes through.

If you don’t have an account set up with us, all you need to do is fill out the online application get the account approved, fund the account, practice in demo mode to get familiar with the platform and everything I wrote above will apply to you….

If you have ANY questions, feel free to call, chat or contact us!

Read the rest of this entry »