Future Trading News

Futures Support and Resistance Levels 5.04.2016

May 4th, 2016 Filed under Future Trading News | Comment (0)

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1. Market Commentary

2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index

3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds

4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver

5. Futures Economic Reports for Thursday May 5, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Greetings!

No commentary today.

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Bond Futures Outlook 5.03.2016

May 2nd, 2016 Filed under Future Trading News | Comment (0)

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1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Tuesday May 3, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Greetings!

May started with some of the European markets closed or abbreviated due to “May Day”. Nice up move on stocks and nice down move on bonds/ 10 years. I mentioned this before on how I like bonds and 10 years as another market to observe and day trade. It has a different personality and behaves quite differently than stock index futures ( many times inverse correlation), energy or metal futures.

Interest Rates, 10 year and 30 year.

In most platforms, the symbols are ZB for 30 year bonds and ZN for 10 year notes. The current front month is June which is M. So ZBM6 for example.

Product Symbol	ZB

Contract Size	The unit of trading shall be U.S. Treasury Bonds having a face value at maturity of one hundred thousand dollars ($100,000) or multiples thereof

Price Quotation	Points ($1,000) and 1/32 of a point. For example, 134-16 represents 134 16/32. Par is on the basis of 100 points.

Product Symbol	ZN

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Gold Futures Could Break Out — Here’s the Trading Strategy You Could Use 4.29.2016

April 28th, 2016 Filed under Future Trading News, Futures Trading | Comment (0)

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Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Greetings!

The day after FOMC is many times the most important one for future direction of the markets…..On a correlated note, my short term outlook for gold as published on thestreet.com:Gold Futures Could Break Out — Here’s the Trading Strategy You Should Use

If you do need feedback, would like to chat/ consult with an experienced broker about any specific markets or strategies, feel free to contact us.

Featured System of the Month ( including real-time performance): Axiom Index II WFO NQ Trading System

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Futures Market Outlook 4.26.2016

April 25th, 2016 Filed under Future Trading News | Comment (0)

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Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Greetings!

The week started out a little slow and on lower volume than normal as I think market awaits FOMC this Wednesday.

We do hve a few important reports tomorrow that may provide for some more movement ahead of the rate decision on Wednesday.

I do think that markets have patterns that repeat themselves, the question is when does it happen and how to act on it when it does and how to protect yourself when it does not.

There are certain days of the week, certain days with reports that can increase chances for behavior one way or another. Sometimes just knowing when we have higher chances for higher volatility can help one be more prepared for the trading day.

I mentioned before about crude oil trading extra volatile right around 8 Am and 1:15 PM central time ( right around the open of the old pit and before the close of the old pit). There are days when energies may have some very large moves during these last 15 minutes.

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Using Tick and Volume Charts for Future Day Traders 4.22.2016

April 21st, 2016 Filed under Day Trading, Future Trading News, Trading Guide | Comment (0)

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Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Greetings!

Why I like to use tick and volume charts for scalping

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 using volume charts, tick charts, range bar charts and Renko charts rather than the traditional time charts like the 1 minutes, 5 minutes etc.

My rule of thumb is that if you as a trader make decisions based on charts that are less than 15 minutes time frame, it may be worth your time to research, back test and do some homework as to potentially using other type of charts like volume charts , Range charts etc.

Volume charts will draw a new bar once a user defined number of contracts traded. Example mini SP 10,000 volume chart will draw a new bar once 10,000 contracts traded.

Range bar charts will draw new charts once price action has exceeded a user pre define price or ticks range. Example might be an 18 ticks range bar chart on crude oil.

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