Helpful Futures Trading Tips

Helpful Futures Trading Tips

2021 Key Takeaways, Christmas Holiday Trading Schedule & Support and Resistance Levels 12.23.2021

December 22nd, 2021 Filed under Future Trading News | Comment (0)

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Thursday, December 23, 2021 – Normal Market Close Time.  However, since the markets will remain closed until Sunday – we will require *Any open positions must meet Exchange Maintenance Margin 15 minutes before the market close (3:45 pm CST).

2021 Key Takeaways with Craig Bewick of the

What a year it’s been… again. Even though there are still 7 more trading days left in 2021, and much could change in the next 7 trading days, we decided to take an assessment of where we’ve come since 12/31/2020.
  • S&P 500 and Nasaq-100 futures prices were up by over 20%; E-mini S&P 500 options implied volatility is trading at just about the same level as it was a year ago
  • Even though it’s trading well off its highs of the year, WTI Crude Oil futures prices are up by nearly 50%
  • Gold futures prices were a bit “range bound” this year. However, if we look at implied volatility as one measure of potential price movement, the average closing 30-day implied volatility in 2021 was nearly equal to the average closing level since December of 2011. Also, if we look at it by year, the average closing level in 2021 was 14.2%; higher than 2017 (10.7%), 2018 (9.8%) and 2019 (10.8%).
  • US Treasury yields increased. The 10-Year yield is up from under 1% to nearly 1.5%. We used data from the St. Louis Fed to get the 12/31/21 value and compared it to the current 10-Year Micro Yield futures price so it’s not perfect, but does provide an indication of the yield increase. Of course, as Jim Iuorio pointed out in a recent Yield Insights video that was published here, the last time inflation readings were at the current levels, the 10-Year yield was near 12%.
  • Soybean futures prices, after a year of historic volatility, wound up almost unchanged on the year. We downloaded data from QuikStrike to verify this and included the graph below in which the orange line depicts the price level at the beginning and end of the year.
  • Natural Gas futures prices have also been characterized by historic volatility and, even though they are trading well below this year’s high levels, are still 50% higher than a year ago
  • In a year that saw CME launch several new cryptocurrency products, Bitcoin has increased in price by about 66% and implied volatility, while still among the highest compared to other CME options products, has come down from over 100% to about 78%
So, in a year that was not short of potentially market moving headlines and seemingly as more questions than answers remain, we hope all of our In FOCUS readers have enjoyed our daily commentary.
We wish everyone a very happy and healthy holiday season and good trading year in 2022.
Craig Bewick has spent 25 years in futures and options markets, starting at CBOT and CME working in risk management, regulatory, technology, product management and client development.




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.


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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.

Rollover Notice Futures Currencies; Economic Reports & Levels 9.12.2014

September 11th, 2014 Filed under Currency Futures, Day Trading, Futures Trading | Comment (0)

Hello Traders,

For 2014 I would like to wish all of you discipline and patience in your trading!

As of tomorrow make sure you are trading DECEMBER stock indices and CURRENCIES…..

I know many of you have read this one before but many others have not….
While it is not a “magic formula” I think the steps outlined should provide you the trader with some  what of a base/ foundation of what you need to have in order to succeed in day-trading:

8 Steps to succeed in futures trading:


1. Education

Hopefully if you are already trading you have completed your initial education: contract specs, trading hours, futures brokers, platforms, the opportunities as well as the risk and need to use risk capital in futures, and so on. Understanding this information is essential to futures trading. The second type of education is ongoing: learning about trading techniques, the evolution of futures markets, different trading tools, and more.

2. Find a System

I am definitely not advising you to go on the web and subscribe to a “black box” system (using buy/sell triggers if don’t know why they are being generated). What I am advising is developing a trading technique: a general set of rules and a trading concept. As you progress, you may want to put the different rules and indicators into a computerized system, but the most important factor is to have a focus and a plan. Don’t just wake up in the morning and trade “blank.”

3. Survival

This is the key! Do what you need to do in order to survive this brutal business and give yourself the chance of being here down the road with more experience and a better chance of success. Survival is probably the biggest key for beginning traders. There is a saying in this business: “live to trade another day.” It is so true!

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