Crude Oil

Category Archives: Crude Oil

A naturally found substance, crude oil is also one of the most traded commodities. It is crude oil that is further refined so as to make petroleum products. Just like with every other commodity, crude oil too has its specific ticker symbol, contract value and margin.

The margin is variable as it keeps changing as per the volatility in the market as well as according to the current value of the contract. If you are interested in crude oil trading or are already trading in this commodity, it is important for you to know that over the past 50 years the price of this commodity has been denominated in U.S. Dollars.

At Cannon Trading we help you trade crude oil at some of the best day trading margin rates. Our brokers will do their best to keep you aware of the market happenings to help you exercise call and put options carefully. In order to get more information on crude oil and commodities, read this category archive blog. Please feel free to share this information.


Weekly Newsletter 1067: Intro to Crude Oil Futures and Financials & Bookmap Real-Time Order Flow Analysis Webinar & Trading Levels for Week Ahead 9.20.2021

September 17th, 2021 Filed under Crude Oil, Future Trading News, Weekly Newsletter | Comment (0)

Cannon Futures Weekly Letter Issue # 1067

Dear Traders,

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Get Real Time updates and market alerts on Twitter!

 

Trading 101: Free Course – An Introduction to Crude Oil

Today’s energy crude oil market is truly global. From West Texas Intermediate (WTI) to Brent and DME Oman, the crude oil market fuels many of the world’s leading economies and impact nearly every nation. Energy crude oil futures and options provide the tools the industry needs to manage risk. Explore the key concepts and structure of today’s energy markets, including the factors that affect supply and demand and move prices. Learn how to use these instruments to hedge exposure and unlock opportunities

Crude Oil Futures

ACCESS THE COURSE NOW By Clicking Here

 

Bookmap Real-time Order Flow Analysis

In this session, we’ll take a look at how to utilize Real-Time Order Flow Analysis while trading variety of futures with a focus on the liquid, smaller MICRO products.
Bruce Pringle, has been trading a variety of markets for over 10 years. He leads Bookmap’s trading education department and supports traders and professional educators.
Bruce has developed expertise in reading order flow and market microstructure.
In this webinar you will learn and see live examples:
• Learn how to read Order Flow
• See Stops and Iceberg transaction
  • How to Trade E-Micros from the E-Mini chart

Register Now as Seats are limited!

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

09-20-2021

Futures Support and Resistance Levels 9.20.2021

 

Weekly Levels

Weekly Support and Resistance Levels

 

Trading Signals for commodities

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


Find Flexibility and Volume w/ Micro Futures Contracts & Support and Resistance Levels 9.08.2021

September 8th, 2021 Filed under Crude Oil, Day Trading, Future Trading News | Comment (0)

Dear Traders,

Get Real Time updates and more on our private FB group!
Separator
MICROS are here to stay!
I was wrong….when the MICROS first came out I was saying to myself “that defeats the whole point of leverage” BUT I am a big fan now.
MICRO CL, MICRO ES, MICRO NQ are just some of the markets with very nice volume and they offer the flexibility of scaling in and out, smaller exposure.
The NQ for example is trading at such levels compare to 3 years ago that a “normal 0.5%” move is worth approx. $1000 against you or in your favor simply because we are trading at 15613….compare to 780 3 years ago!! That is more than double the value/ exposure etc.
The MICRO CL got great volume and at times when this market is very volatile or you want to take a swing trade but still sleep well at night…..
You get my point!
Start a real time demo and trade the MICROS and any other futures market in real time.
You can start MICRO account with as little as $1000 and still get access to the service and knowledge Cannon is well know for in the industry

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

9-09-2021

Support and Resistance 9.09.2021

Economic Reports, source: 

 www.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 as well as options on futures.


Futures Fundamentals & Support and Resistance Levels 9.01.2021

August 31st, 2021 Filed under Crude Oil, Future Trading News | Comment (0)

Dear Traders,

Get Real Time updates and more on our private FB group!
Separator
First trading day of the month tomorrow. Wishing all of us a successful trading month and a healthy, safe September.
Was hoping to share some valuable insight about trading or the markets today but honestly I think the markets are waiting for Labor Day weekend coming up and volatility is still relatively low in most markets.
One advice I have to share is, observe and trade more than one market. if you are only trading crude oil and your trading model/ style looks for volatility and crude goes into low volatility – now what? ( Talking about crude oil….don’t forget tomorrow we have inventories at 10:30 AM EST and dont forget we have MICRO crude oil with nice volume and 1/10th the size!)
But if you learn the fundamentals of few markets, lets say ES, Cl and ZB and you scan these markets for set ups you like – I personally feel that may be a better approach than just trading a single market.

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

9-01-2021

Support & resistance levels for 09.01.2021

Economic Reports, source: 

 www.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 as well as options on futures.


Futures Trading Levels for July 20th, 2021

July 19th, 2021 Filed under Commodity Trading, Crude Oil, Day Trading, Future Trading News | Comment (0)

Dear Traders,

Volatility is back!
COVID Variants fears…..While past performance is not indicative of future results, it might be worthwhile to look at how markets behaved during Jan-May of 2020.
Intraday Volatility in stock index futures is extremely high. Actually across many markets Crude and NASDAQ futures leading the volatility but metals, energies and grains have seen higher volatility. I noticed the stock index futures today as I was actively monitoring and trading with some clients and saw the ES make 14 points moves and more, BOTH ways in the same 15 minutes….Intraday chart for illustration below.
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.
Markets are moving extremely fast and at times quoting systems, platforms can’t even keep up.
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…..
Get Real Time updates and more on our private FB group!

 

Futures Trading Levels

7-20-2021

Economic Reports, source: 

 www.BetterTrader.co

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.

 

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.


Weekly Newsletter, Trading Resources, and More! 7/19/21

July 16th, 2021 Filed under Commodity Brokers, Commodity Trading, Crude Oil, Day Trading, Weekly Newsletter | Comment (0)

Dear Traders,

ALGO Trade Signals
Directly to your Inbox!
·    A dynamic research tool for Futures traders based on revolutionary algorithmic IP. Experienced management team has combined decades of trading experience with superior programming capability to produce this unparalleled algorithmic trading product.
·    Daily email to traders identifying trading opportunities (signals) on more than 20 specific tickers per a discrete set of rules and conditions/algorithms.
·    Packages are signals only (Basic, $99/month) or signals with execution suggestions by VAREA trading specialists (Premium, $199/month) and get a free month of the Premium product when you sign up. Contact your broker for implementation instructions to get you started.
Webinar Recording: Cannon Trading & CME Group invites you to WATCH recorded webinar from Wednesday July 14, to learn more about Micro WTI Crude Oil futures, a new tool for managing crude oil price exposure.
FREE Futures Forthright Premium eBook
Cannon Trading Is Pleased To Present “Futures Forthright eBook“, Available For Instant Download Written By Cannon Trading Staff
Fresh off the press is Cannon Trading’s new eBook! Written by our very own staff of brokers, this eBook is designed as a guide to the commodities market for both beginners and veterans alike. Inside you can find:
• A plan with steps that may lead to success
• Steps Towards Mastering your Day Trading
• The top mistakes traders make daily
• How to handle the market noise
• and much more…..
The futures industry is complex and risky, which is why you need someone to be forthright with you…. Download eBook instantly.

 

Futures Trading Levels

7-19-2021

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:
Date Reports/Expiration Notice Dates

 

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.

 

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 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
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