Trading Levels

Sharp Declines in Cocoa and Bitcoin Futures Kick Off the Week

June 24th, 2024 Filed under Bitcoin Futures, Commodity Brokers, Commodity Trading, Day Trading, Future Trading News, Futures Broker, Futures Trading, Grain Futures | Comment (0)

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Two markets stood out to start the week, both with a sharp, negative move.

Cocoa was down 12.5%! or the equivalent of -$10,000 if you were on the wrong side…..

Bitcoin futures also finished the day down 7.5% and now trading below the psychological 60,000 level.

Major reports for the week ahead below as well as tomorrow’s specific trading levels for major markets and detailed reports for June 25th.

If you are a day trader, below you will see markets that our proprietary ALGO has identified as being more suitable for attacking either from the long side or the short side for the next trading session.

Questions? We are happy to help!

Daily Levels for June 25th, 2024

Economic Reports

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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.

View Live Results of Trading Systems & Resistance Levels 5.25.2018.. #ZW_F #ES_F #NQ_F #RTY_F #SI_F #GC_F #CL_F

May 24th, 2018 Filed under Future Trading News | Comment (0)

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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!

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Dear Traders,

Check out our featured systems! Results are based on actual, live trades and you can browse and see the different systems and results on our website.

Cannon Trading Co, Inc. is member of the NFA and registered with the CFTC.

Memorial Day 2018 Holiday Schedule for CME / Globex and ICE Exchange

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Which Market Should I (day) Trade? + Support & Resistance Levels 5.21.2018.. #ZW_F #ES_F #NQ_F #RTY_F #SI_F #GC_F #CL_F

May 21st, 2018 Filed under Day Trading, Future Trading News | Comment (0)

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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!

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Dear Traders,

Which Market Should I be (day) Trading?

1. Know and follow more than one market. I think one should have familiarity and follow about 5 different markets ( or more depending account size and time) in general.

2. Understand what type of market conditions you trade better in? Volatile? “dead”, choppy or perhaps trending?

3. Have a view of these markets from longer term outlook and behavior.

4. Trade the markets that fit your strengths.

Example: If I am following gold, crude, bonds, mini nasdaq and mini SP for educational purposes….If I know that I trade better in markets that have larger intraday swings and volatility than lets say trending markets or “quiet markets” I would be focusing on the mini NASDAQ as my primary market now days as it is the one fitting my profile the best.

If “choppy” markets suits my trading style better, I would probably look at gold as of recently.

This will change as markets go through different cycles, from lower volatility to higher volatility. Trending to choppy etc.

Etc. etc. etc.

If you like to set up a time and chat with a licensed series 3 broker, please contact us.

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Top 3 Factors in Making a Good Trader + Trading Levels 5/18/18

May 17th, 2018 Filed under Future Trading News | Comment (0)

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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!

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Dear Traders,

Not a busy Friday morning ahead with reports but more than a few fed Speakers schedules to speak tomorrow which can move the markets.

#CL_F Crude oil has traded more volume than the mini SP for the last few days!! heads up.

Keys to Successful Trading:

My colleagues and I were discussing trading methods, techniques and more today in the office. Each of us had an idea as to why such a small percent of traders “makes it ” in the trading business….

I decided to reach out to you and ask you: What do you think are the TOP 3 factors that separates the “men from the boys” in the field of trading?

Feel free to share if you were “able to turn around your trading”, still trying, surviving etc.

To make it easy, simply just hit reply and share your thoughts. We will tabulate and try to analyze the data in hopes of sharing some good insights with all of you.

Thank you in advance!

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