1-800-454-9572 info@cannontrading.com

Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

Cannon Trading / E-Futures.com

 

Free Guide: ‘Surival Day-Trading’ by Ilan Levy-Mayer

Register to download the guide: ‘Surival Day-Trading’ by Ilan Levy-Mayer.

Here’s a sample from the PDF:

“I started as a commodity broker back in 1998, when commissions of $25 per round turn for the E-minis were considered a deep discount. I had the luxury of observing many types of day traders and saw things from the sidelines that most traders couldn’t see during the heat of battle, one of which is the importance of solid money management for the long-term survival of day trade.

Day trading is by definition a trade that is initiated and completed during the same trading day. In this wide category, you will find many types of traders. On one end of the spectrum are scalpers, who go for one or two ticks of profit several times a day in trades lasting just seconds. On the other side are speculators who stay in a position from the start of the day until the close. One of the main appeals of day trading for all types is that the trader goes home flat without having to worry about positions. When the market closes, the day is done.

Money management, as the name implies, is applying prudent principles to help conserve your trade (risk) capital. Without risk capital to trade, a speculator does not have a chance to succeed.”

READ MORE:

on our weekly newsletter

GOOD TRADING!

TRADING LEVELS!

Commodity Futures trading levels March 31th, 2011

Economic Reports Thursday March 31, 2011

Unemployment Claims
8:30am USD

Chicago PMI
9:45am USD

Factory Orders m/m
10:00am USD

Natural Gas Storage
10:30am USD

FOMC Member Tarullo Speaks
12:45pm USD

Economics Report Source: http://www.forexfactory.com/calendar.php

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 herein 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 judgment in trading!

Tags: > > Posted in: Futures Trading  

Comments are closed.

Trading Expertise As Featured In

Trading Tips You Can Use Right Away!


Watch 4 short videos on the topics of:
  • Using Bollinger Bands and Parabolics
  • Using range Bars for Day-Trading
  • The concept of Price Confirmation
  • How to Use Support & Resistance Levels
  • License 3 Broker at your Fingertips

Partners

Loading
Loading

Loading