Futures Trading News

Globex® & Ice Labor Day Holiday Schedule 2016

August 31st, 2016 Filed under Future Trading News | Comment (0)

Globex® Labor Day Holiday Schedule 2016

Note: Session orders entered on Sunday are for trade date Tuesday, Sep 6 and will continue working until Tuesday’s close unless otherwise noted.

Equity, Interest Rate, FX, Energy, Metals & DME Products

Friday, Sep 2

1600 CT / 1700 ET / 2100 UTC – Regular close

Sunday, Sep 4

1700 CT / 1800 ET / 2200 UTC – Regular open for trade date Tuesday, Sep 6*

Monday, Sep 5

1200 CT / 1300 ET / 1700 UTC – Trading halt (pre-open)

1700 CT / 1800 ET / 2200 UTC – Products resume trading

Tuesday, Sep 6

1600 CT / 1700 ET / 2100 UTC – Regular close

Grain, Oilseed & MGEX Products

Friday, Sep 2

Regular close – Per each product schedule

Sunday, Sep 4

1600 CT / 1700 ET / 2100 UTC – Pre-open for trade date Tuesday, Sep 6*

Monday, Sep 5

1900 CT / 2000 ET / 0000 UTC – Open for trade date Tuesday, Sep 6

Tuesday, Sep 6

0700 CT / 0800 ET / 1200 UTC – MGEX Apple Juice – Regular open

Regular close – Per each product schedule

Livestock, Dairy & Lumber Products

Friday, Sep 2

Regular Close – Per each product schedule for:

Livestock
Dairy
Lumber

Monday, Sep 5

1700 CT / 1800 ET / 2200 UTC – Dairy markets open for trade date Tuesday, Sep 6*

Tuesday, Sep 6

830 CT / 930 ET / 1330 UTC – Livestock markets open

900 CT / 1000 ET / 1400 UTC – Lumber market open

Regular close – Per each product schedule

More details at: http://www.cmegroup.com/tools-information/holiday-calendar/files/2016-labor-day-holiday-schedule.pdf

*Dates and times are subject to change

If you have any questions, please call the CME Global Command Center at +1 800 438 8616, in Europe

at +44 800 898 013 or in Asia at +65 6532 5010

Ice Futures Labor Day Holiday Trading Schedule 2016

Detailed holiday hours: https://www.theice.com/holiday-hours

The above sources were compiled from sources believed to be reliable. Cannon Trading assumes no responsibility for any errors or omissions. It is meant as an alert to events that may affect trading strategies and is not necessarily complete. The closing times for certain contracts may have been rescheduled.

What type of trading should you be engaged in? 8.03.2016

August 2nd, 2016 Filed under Future Trading News, Futures Trading | 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 Wednesday August 03, 2016

Hello Traders,

Not all traders are built the same way… Some traders are more suitable for day trading, others perhaps for swing trading yet the third type may be a much longer term traders using options. Some prefer not to trade themselves and have someone else manage their trading and so forth.

I wrote this article ” What’s your trading blood Type?” a few years back and i think it is a great read for anyone considering trading or perhaps getting back into trading or maybe for those who are trading currently but not sure they are using the right “type of trading”.
Read the article here
Read the rest of this entry »

Trading ALGOS free trial 5.26.2016

May 25th, 2016 Filed under Future Trading News, Futures Trading, futures trading education | 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!

Memorial Day Schedule available here

Trading Algos

What are the trading algos?

Through my job as a broker I have spent 100’s of hours researching the markets in attempt to gain an “edge” and be able to assist my clients better. The results are a family of studies and trading conditions I programed and tested, that i feel comfortable using to analyze the markets. I use my ALGO’s in different ways in the trading program REN18 and I use them also when looking at the markets in different time frames.

Obviously there is more to trading than just studies. There is trade management, entry and exit techniques, fear and greed and much more….but I hope that you can evaluate the studies/ ALGOs and decide if it can be of help in your trading.

I currently have 3 main ALGOS I use in my managed accounts and offer for clients to use either with E-Futures, Sierra charts or CQG charts ( both CQG IC and CQG Q trader) – all charting packages offers free trial.

Diamonds: DIAMONDS are an algorithm I came up with as I was designing different trading systems. It is a proprietary algorithm that tries to measure exhaustion in selling or buying and possible chance of short term reversal. The ALGO calculates recent highs/lows, consecutive highs/lows, RSI, volatility and then the formula outputs; a number that either meet certain criteria or not. RED diamonds suggest possible short term top. Green or blue diamonds suggest possible short term bottoms. Like any other indicator, trading strategy, we simply don’t know what the future will bring, in our case the next few minutes, sometimes seconds…hence the use of the term “suggested”.

ILM: ILM produces arrows on the charts that signal potential change in direction/ momentum. The ILM is based on moving average, volatility system and momentum.

F50: The F50 tries to measure institutional activity that may lead to continued momentum within larger time frame. It looks for correlation with volatility systems and attempts to sense possible continuation of immediate trend.

I like to use my studies and ALGOS on either volume and range bar charts when it comes to short term trading and 15 minutes, hourly and daily charts when it comes to longer term day trading as well as swing trading.