Parabolic SAR Study

Parabolic SAR Study


Weekly Newsletter 1075: Trading Videos – Indicators used for Trailing Stops & Exits? & Support and Resistance Levels for the Week Ahead

November 12th, 2021 Filed under futures trading education, Weekly Newsletter | Comment (0)

Cannon Futures Weekly Letter Issue # 1075

Dear Traders,

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Trading Videos 101: Curious on an indicator that can help you with EXITS? How about using a certain indicator as a trailing stop?

Watch the latest trading videos we have posted and see if you can pick a tip or two on trading smarter!

In this week’s newsletter we are sharing four videos, each a few minutes long. The videos discuss practical tips for trading and sharing our experience with you

1. Using Bolinger Bands as a possible tool for exiting trades

2. One way you can use the Parabolics study ( also known as PSAR) to manage current positions, possibly as a trailing stop

3. Different ways traders can utilize support and resistance levels in their trading.

4. Entering trades on a stop, using “price confirmation”.

5. Utilizing Range Bar charts for shorter term trading as a way to try and filter out some noise.

Watch the videos instantly by clicking here

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

11-15.2021

Futures Support and Resistance Levels 11.15.2021

 

Weekly Levels

Weekly Futures Support and Resistance Levels

 

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

https://mrci.com

Date Reports/Expiration Notice Dates

MRCI Weekly Reports

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


Trading 101: Parabolic Study + Futures Trading Levels for 11.07.2017

November 6th, 2017 Filed under Future Trading News | Comment (0)

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Dear Traders,

Trading 101: Parabolic SAR Study

  • … the parabolic SAR is a trend following indicator.
  • … it can be used to determine a trend and for a trailing stop.
  • … the SAR works in a trending market, not in a ranging market.
  • … combine the SAR with indicators designed to determine the strength of a trend.
  • … you can combine the SAR with the ADX to achieve higher performance.
  • … the settings can be change to make the SAR more sensitive to the price movement.
  • … if you change the settings, the performance should be analyzed with a trading journal to see the effects.

Below is a chart of crude oil from last few days, I highlighted the parabolic SAR to visualize the concept above.

If you have any questions, would like to schedule a one on one consultation with one of our series 3 brokers where you can discuss trading, concepts, studies, mental part of trading and much more, fill out this form.

Crude Oil Chart

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