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Keeping A Futures Trading Journal 3.02.2016

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

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

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 Wednesday March 2, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Greetings!

I have written in the past about the importance of keeping a trading journal.

Many benefits for doing so. From the mental / emotional aspect to the bottom line of keeping notes on market behavior which you can use down the road.

A good example is trading on the last trading day of the month ( example for me is that I dont run one of my systems for bonds on the last trading day of the month). Another example is behavior of markets ( look at stock index futures) on the first trading day of the month.
I think part of the reason for the unique market action ( not always but quite often) during these two days is the activity of large traders, CTA’s who need to report monthly performance, institutions who may need to establish longer term positions on the first of the month etc.

Either way, keep notes, do your homework by looking back at charts for the markets you trade and trade well!

TRADE SMART / TRADE SYSTEMS — for the current rankings as well as actual performance of trading systems traded at Striker, click here.

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.

If you like Our Futures Trading Daily Support and Resistance Levels, Please share!

Futures Trading Levels

Contract March 2016 SP500 Nasdaq100 Dow Jones Mini Russell Dollar Index
Resistance 3 2052.67 4539.58 17399 1088.37 99.08
Resistance 2 2015.08 4437.17 17124 1071.33 98.83
Resistance 1 1995.92 4385.08 16983 1062.67 98.60
Pivot 1958.33 4282.67 16708 1045.63 98.36
Support 1 1939.17 4230.58 16567 1036.97 98.13
Support 2 1901.58 4128.17 16292 1019.93 97.88
Support 3 1882.42 4076.08 16151 1011.27 97.65
Contract Apr. Gold May Silver Apr. Crude Oil June Bonds March   Euro
Resistance 3 1266.6 15.43 36.37 167 21/32 1.0958
Resistance 2 1257.9 15.27 35.56 166 16/32 1.0928
Resistance 1 1245.0 15.07 34.98 164 15/32 1.0898
Pivot 1236.3 14.91 34.17 163 10/32 1.0868
Support 1 1223.4 14.71 33.59 161 9/32 1.0838
Support 2 1214.7 14.55 32.78 160 4/32 1.0808
Support 3 1201.8 14.35 32.20 158 3/32 1.0778
Contract May Corn May Wheat May Beans May SoyMeal April Nat Gas
Resistance 3 360.8 461.3 872.67 266.60 1.87
Resistance 2 359.8 458.0 869.33 265.30 1.82
Resistance 1 357.8 452.0 863.67 263.40 1.78
Pivot 356.8 448.8 860.33 262.10 1.73
Support 1 354.8 442.8 854.7 260.2 1.7
Support 2 353.8 439.5 851.33 258.90 1.64
Support 3 351.8 433.5 845.67 257.00 1.60
Economic Reports

source:http://www.forexfactory.com/calendar.php

All times are Eastern time Zone (EST)

Date 4:09pm Currency Impact Detail Actual Forecast Previous Graph
WedMar 2  3:00am EUR Spanish Unemployment Change 0.2K 57.2K
4:30am GBP Construction PMI 55.5 55.0
5:00am EUR PPI m/m -0.9% -0.8%
GBP MPC Member Broadbent Speaks
8:15am USD ADP Non-Farm Employment Change 185K 205K
9:00am GBP MPC Member Cunliffe Speaks
10:30am USD Crude Oil Inventories 3.5M
2:00pm USD Beige Book

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.

 

Tags: > > Posted in: Future Trading News   | Futures Trading  

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