Weekly Newsletter 1076: Why do Most Futures Traders Lose Money and Support and Resistance Levels for the Week Ahead

November 19th, 2021 Filed under futures trading education, Weekly Newsletter | Comment (0)

Cannon Futures Weekly Letter Issue # 1076

Dear Traders,

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Trading 201: Why do most futures traders lose money and how can you improve your odds?

Watch the 45-minute recorded webinar where Ilan shared some of his observations of why a large percentage of traders lose money trading futures.

*Reasons why most traders lose

*Looking at tools you can utilize and improve your odds

*Review different methods/concepts of trading

*Ilan shares many tidbits that can help variety of traders

*Ilan answers questions

Watch the recorded 45-minute webinar which in our opinion contains some of the most valuable advise both new and advanced traders can utilize by clicking here

Thanksgiving 2021 Holiday Schedule for CME / Globex and ICE Exchange

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

11-22.2021

Weekly Levels

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

https://mrci.com

Date Reports/Expiration Notice Dates

MRCI Futures Report

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 ALGOS Free Trial 11-01-2016

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

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

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 November 1, 2016

Greetings!

Free Trial to Trading Signals and Indicators

Cannon Trading is pleased to present a 3 weeks FREE trial to LEVEX family of indicators and ALGO:

To start the trial is very easy and once you are set you will see indicators such in the screen shot below ( taken from today’s action in the crude oil market) which produce possible buy and sell signals based on the two main ALGOS below:

Diamonds:

DIAMONDS is an algorithm that was created while 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.

The term “suggested” is used because like any other indicator or trading strategy, the future for the next few minutes or sometimes seconds cannot be predicted.

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

Simply review the information, fill out the form below to instantly download our trading platform, and then view the indicators on the charts.

Trading Signals and Indicators