Commodities Futures Trading


Weekly Newsletter #1045 Tight Stops? Wide Stops? Which One Should I Use? & 30 Year Treasury Bond Chart Review & Trading Levels for Week Ahead 3.29.2021

March 26th, 2021 Filed under Future Trading News, Weekly Newsletter | Comment (0)

Cannon Futures Weekly Newsletter Issue # 1045

Dear Traders,

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Trading 102: Tight Stops? Wide Stops? Which One Should I Use?
Entry Signals Are Very Important But Just As Important If Not More Is Trade Management.
By: Ilan Levy-Mayer, Cannon Trading Commodities Broker & VP
This article was published on FinanceMagnates.com back a couple years ago but is defintely a timeless article.
Today I decided to touch more on an educational feature rather than provide a certain market outlook. Many of my clients and blog readers know that when it comes to short term trading I am a fan of adjusting your trading technique/ game plan according to your assessment of the type of trading day that is developing in front of you.
Many new and advanced traders spend HOURS on looking for entry signals. Back testing historical data, creating algorithms to use and much more. I know. I am one of these traders.
Trade management consists of many factors. Some are psychological and some are more mathematical and many are in between. Some of the basic elements of trade management before even entering the trade are: What will my stop loss be**? will i use a stop loss**? What will my target be? will I use a target or just trail the trade if it goes my way?
Weekly chart of US 30 year bond futures for your review below. Click here for Larger image.
The bond market, more specifically, interest rate and yield projections, have been the big force behind the moves in many other futures markets. Bonds and the U.S. dollar have been key markets to watch, regardless of whether you are trading the E-mini S&P 500, gold, crude oil or soybeans. The way “big money” flows between asset classes, the allocation of assets, as well as the hedging interests in different markets are the main forces behind most of the markets we trade here.
30 Year Treasury Weekly Chart
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 when it comes to Futures Trading.

 

Futures Trading Levels

3-29-2021

 

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


Contracts in Commodities Market

November 9th, 2017 Filed under Future Trading News | Comment (0)

What is an Online Commodities Futures Trading Contract?

Online trading of commodities futures creates a commodities contract, which is a legal agreement between two parties. The contract specifies that you agree to buy or sell a product or asset to be “delivered” later at a certain price. The buy/sell price is called the future price of the underlying asset. Commodities futures brokers can assist you in online commodities trading.

Commodity Markets and the Stock Market

Over my years as a commodity broker, my brain tended to think of the following correlation: when stocks are “hot”, commodity markets tend to under perform. When stocks tumble, commodity markets tend to do better.

As the years progressed and the markets evolve, as they always do, my brain started thinking along the lines of “when crude oil futures are hot, commodity markets start sizzling…”

Then a few years went by and the same brain, just a bit older started whispering….”when the dollar index is strong, commodity markets tend to get weaker…..”

The bottom line is that all of the statements above were true at one point or another and some may be true as you are reading this BUT the main conclusion should be:

Commodity markets compromise of many different markets and segments like grain futures, energy markets, softs, meats, metals and much more. These markets are all affected by some mutual elements like dollar strength but also by very specific elements like supply and demand, weather, geo political and much more.

Do your homework and just like the commodity futures markets, keep evolving, evaluating and educating yourself.

 

 

Types of Investors

There are two kinds of participants in online commodities trading markets: hedgers and speculators. Hedgers don’t necessarily seek to profit by trading commodities futures; they are striving to stabilize their income and expenses (the costs of their business operations). This allows them to make a budget and predict their costs to their investors and board of directors. Most speculators do not want to physically take possession of the underlying asset: they do not want truckloads of corn dumped in their driveway. Speculators are betting on the future prices of certain commodities. They have the power to cause dramatic price swings in the futures markets, but they also provide liquidity – the ability to sell an investment at its near-value – to the futures markets.

Types of Contracts

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Online Futures and Commodities Market Reports for August 20th 2010

August 19th, 2010 Filed under Commodity Trading, Day Trading, Day Trading Webinar, Future Trading News, Futures Trading | Comment (0)

“Try the Daily Live Charts Service Free for 2 Weeks”

Screen shot from my daily live chart service below. You are more than welcome to try this service for 2 weeks free if you have not had the trial before. Cost of service for cannon trading clients is $119 per month.

During the sharing of live charts (which i provide under LEVEX Capital mgmt. Inc – Commodity Trading Advisor) I share my approach, concept/model for day-trading, my proprietary DIAMOND indicator and general feedback from my experience.

to sign for free trail, visit: https://www.cannontrading.com/tools/intraday-futures-trading-signals

EPU) - E-mini S&P 500, Sep 10, 10000 Contracts : Constant Volume Bar

EPU) – E-mini S&P 500, Sep 10, 10000 Contracts : Constant Volume Bar

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