Volatile Markets


Weekly Newsletter 1077: Adjust your Trading with Volatility & Futures Levels for the Week Ahead

December 3rd, 2021 Filed under Future Trading News, Index Futures, Indices, Weekly Newsletter | Comment (0)

Cannon Futures Weekly Letter Issue # 1077

Dear Traders,

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Trading 201: Adjust your Trading with Volatility

Unemployment report along with Omicron along with an already “very spicy markets” encouraged me to share some of the following pointers.
Hope it helps.
*While I have no idea were the market is going from day to day, minute to minute, week to week etc. I do know that in the past, some of the sharpest and largest rallies were short covering after a large sell off. More often than not market sell offs and volatility like we are seeing do not end up as V type of action but more like U or W when it is all said and done.
*Expect the unexpected…
* Have an idea of what you are looking to do, keep in mind possible risk and have a game plan. Now more than ever, plan your trade and than trade your plan!
* Think money management, hedging risk while you are still trying to figure out how to profit.
* Know what is going on, reports, current margins, current limits and more.
  • Consider short term options instead of futures and/or MICROS
*Trade smaller. The bands are much larger. Watch the VIX.
* DO NOT assume anything…if you are not sure, contact us and we will try our best to assist with the combined, vast experience we have here as a team.
* Wash hands, take this seriously and do your best to stay healthy….
My colleague, John Thorpe, Ex floor broker, contributed the following on the VIX and the VVIX:
We recommend all stock indices intraday traders to keep an eye on the VIX for directional clues and study, many of you have access through other means to view this critical trading barometer, VIX now trades 5 days per week ,23 hours per day. if you need to add the VIX data to your trading platforms , it’s 3 bucks per month, penny wise and pound foolish if you don’t. Contact your broker on how to add the Volatility Index traded through the CBOE to your trading platform

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

12.05.2021

Futures Trading Support & Resistance Levels 12.05.2021

 

Weekly Levels

Futures Trading Support & Resistance Weekly Levels

 

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

https://mrci.com

Date Reports/Expiration Notice Dates

MRCI 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


New COVID Variant Looms and Markets React w/ Extreme Volatility, Support and Resistance Levels 11.30.2021

November 29th, 2021 Filed under Future Trading News | Comment (0)

Dear Futures Trader,

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On Friday, Omicron, the new COVID-19 variant took the oxygen out of newsrooms.

Detected first in South Africa, this mutation is being described as potentially more contagious than the Delta variant. It is unknown whether the currently available vaccines will provide protection from it.
The result was one of the most post Thanksgiving Friday trading session I have seen in over 22 years!
Intraday Volatility in stock index futures is extremely high. Actually across many markets BTC futures leading the volatility but metals, energies ( Natural Gas down 11% today!!) and grains have seen higher volatility.
  1. Learn to reduce trading size. Perhaps trade smaller contracts like the micros.
  2. Adjust stops and entries based on volatility ( ATR/ Parabolics).
  3. Be extra picky on entries without chasing trades.
  4. Understand that loses are part of trading and this is definitely not a good time to “fight the markets”.
  5. Focus more on risk management and ways to protect certain positions as needed. Survive to trade another day.
  6. Consider possibly utilizing short term options rather than futures.
The risk is MUCH GREATER than I have seen, yet some traders look for it.
That is ok, as long as you :
Know the rules, understand current margins, know where the circuit breakers are/ limit moves.
Figure out your max risk.
After you do all that, feel free to trade but jumping in and trying to trade without the basic knowledge above is like jumping into a stormy ocean without a life vest…..At any time, feel free to contact us with questions/feedback/resources.

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

11-30-2021


Economic Reports, source: 

https://bettertrader.co/ 

 

 

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.


Volatile Markets – Be Careful!! 2.13.2018

February 12th, 2018 Filed under Future Trading News, Futures Trading, Index Futures | Comment (0)

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Stock index futures seemed a bit more “relaxed” today with lower intra-day volatility and swings but still a pretty large upside moves.

Be careful and make sure you control your emotions, these are not the days for “revenge trading” and “double down” etc…( actually no day is good for that but with this type of volatility, you can get punished very quickly and pretty hard).

Read the rest of this entry »


Volatile Markets – Be Careful!! Grains Weather Updates…. 2.09.2018

February 8th, 2018 Filed under Future Trading News, Index Futures | Comment (0)

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Dryness Extensive Across Southern Plains Wheat Belt

Moisture levels have remained very low across the majority of the hard red wheat belt in the central Plains throughout the winter, with moderate drought now widespread across eastern Colorado into central Oklahoma, and severe to extreme drought located in southern Kansas, Oklahoma, and much of central and northwestern Texas (see map below).

The outlook for the next few weeks shows an upturn in moisture across the northern Plains, with Colorado and Nebraska likely to see some notable improvements in moisture in the form of snowfall. Meanwhile, moisture receipts will likely remain below normal across south central Kansas into west central Oklahoma and northwestern Texas. While moisture needs this time of year are very low for wheat as it remains in dormancy, an upturn in moisture will be critical for these areas once it emerges from dormancy.

However, a drier pattern is expected to continue across the majority of the region in March, which will likely result in some significant stress as spring crop growth resumes. An upturn in rains is possible across the heart of the hard red wheat belt in April, though, which should begin to improve moisture supplies and crop conditions. The rains will be critical to prevent substantial yield reductions for the wheat crop.

By: Don Keeney
Senior Ag Meteorologist
Radiant Solutions  Read More with charts and other data at: http://pages.cmegroup.com/index.php/email/emailWebview

Read the rest of this entry »


Futures Trading Levels, Risk/Reward Factor in Volatile Markets

March 26th, 2011 Filed under Futures Trading | Comment (0)

Cannon Trading / E-Futures.com

Markets in general are experiencing higher volatility due to multiple factors, ranging from situation in Japan, economic numbers, Mid East and crude oil situation and more…

Understanding the risk before you enter the trade, deciding if the risk/ reward is worth it, accepting it and then letting the trade/market do its things is even more important in times like this.

Wishing all of you a great weekend and successful trading next week.

Daily chart of the volatile Crude Oil futures for your review below: Read the rest of this entry »

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