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

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Dear Traders,

Like us on FaceBook!

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Get Real Time updates and market alerts on Twitter!

Good Friday Trading Schedule here.

Stay safe out there both physically and in the markets….

It feels like a new world out there in so many ways. Trading is one as well….This is a TOTALLY different markets than what we witnessed 6-8 weeks ago, a year ago etc.

Know the rules, understand current margins, know where the circuit breakers are/ limit moves.

CONFIRM MARGINS WITH YOUR BROKER, margins are function of volatility, platform, exchange overnight and other factors and during this volatility, margins can change so if you are not sure – check with your broker!

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…..

Here are some EXCELLENT resources to help you navigate these volatile times:

Explanation about limit moves and circuit breakers

A good article about using weekly options

Before you can Thrive, you must survive! Learn to lose

An excellent article about confronting risk

The complete guide to risk and opportunities in futures and options trading – NEW! ( excellent for beginners!)

TRADING VIDEOS

Using overbought/oversold

Bollinger bands

Price Confirmation

Good Trading

Trading Futures, Options on Futures, Dow 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

04-13-2020

WEEKLY Levels for April 13th – 17th

Weekly SP cash chart below for your review as we close RIGHT at the 50% retracement!!!

Click on the chart for LARGER IMAGE

Did you know?

Cannon will Match or Beat Your Current Commission Rates!

Cannon offers over 12 TRADING PLATFORMS CLICK HERE for a demo

Cannon offers extensive trading education for FREE . Browse resources here.

Economic Reports, source:

www.mrci.com

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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 and Dow Futures.