Economic Trading

Category Archives: Economic Trading


Daily NQ Chart & Support and Resistance Levels 6.05.2019

June 5th, 2019 Filed under Commodity Brokers, Commodity Trading, Economic Trading, Future Trading News, Index Futures | Comment (0)

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Dear Traders,

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Trading 101: Free, Interactive Futures Trading Tutorial
An interactive tutorial on the basics ( and a little more) of futures trading.
Regardless if you traded before or new to the futures markets, this tutorial is nicely put together by our regulators and the CME and touches on a variety of sub topics that go into trading futures and options.
Browse through the tutorial at your leisure and at your own pace. Please call us if you have any questions about implementing your strategy or requesting a live demo or have feedback.

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.

 

Futures Trading Levels

06-06-2019

 


Economic Reports, source: 

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.


Trading Videos+ Trading Levels for June 4th

June 3rd, 2019 Filed under Commodity Brokers, Commodity Trading, Currency Futures, Day Trading, Economic Trading, Financial Futures, Future Trading News, Future Trading Platform, Futures Broker, Futures Exchange, Futures Trading, futures trading education | Comment (0)

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

____________________________________________________________________

Dear Traders,

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Get Real Time updates and market alerts on Twitter!
Trading 101: Trading videos on bollinger bands, Parabolics, Trading levels, Range Bars and more!
Watch the latest trading videos we have posted and shared with our clients!
In this week’s newsletter we are sharing two videos, each a few minutes long. The videos discuss practical tips for trading and sharing our experience with you
1. Using bollinger Bands as a possible tool for exiting trades
2. One way you can use the Parabolics study ( also known as PSAR) to manage current positions, possibly as a trailing stop
3. Different ways traders can utilize support and resistance levels in their trading.
4. Entering trades on a stop, using “price confirmation”.
5. Utilizing Range Bar charts for shorter term trading as a way to try and filter out some noise.

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.

 

Futures Trading Levels

06-03-2019


Economic Reports, source: 

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.


Futures Levels & Economic Reports 11.04.2015

November 3rd, 2015 Filed under Economic Trading, Future Trading News, Futures Trading | Comment (0)

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 November 04, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Did not have too much of added value to share with you today so decided to point you into a resource that is not on our site ( but will be soon)  that may be useful for you and includes a few videos:https://vimeo.com/cannontradingcompany/videos

Many ways to trade any market, many ways to lose money in any market and only very few ways to lock in gains. If you need help creating a trading plan, visit our broker assist services.

Many ways to trade any market, many ways to lose money in any market and only very few ways to lock in gains. If you need help creating a trading plan,visit our broker assist services.

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 Dec. 2015 SP500 Nasdaq100 Dow Jones Mini Russell Dollar Index
Resistance 3 2133.42 4783.00 18133 1212.83 98.32
Resistance 2 2121.83 4755.25 18015 1203.77 97.95
Resistance 1 2112.17 4732.50 17925 1195.83 97.60
Pivot 2100.58 4704.75 17807 1186.77 97.22
Support 1 2090.92 4682.00 17717 1178.83 96.87
Support 2 2079.33 4654.25 17599 1169.77 96.50
Support 3 2069.67 4631.50 17509 1161.83 96.15
Contract Dec. Gold Dec. Silver Dec. Crude Oil Dec. Bonds Dec.   Euro
Resistance 3 1156.6 15.66 51.25 157 22/32 1.1117
Resistance 2 1147.3 15.56 49.80 156 31/32 1.1077
Resistance 1 1132.2 15.41 48.85 155 28/32 1.1023
Pivot 1122.9 15.31 47.40 155 5/32 1.0983
Support 1 1107.8 15.16 46.45 154 2/32 1.0929
Support 2 1098.5 15.06 45.00 153 11/32 1.0889
Support 3 1083.4 14.91 44.05 152 8/32 1.0835
Contract Dec. Corn Dec. Wheat Jan Beans Dec. SoyMeal Dec. Nat Gas
Resistance 3 389.8 530.8 896.58 308.20 2.36
Resistance 2 386.0 523.7 891.67 306.70 2.32
Resistance 1 383.3 520.1 885.33 304.00 2.30
Pivot 379.5 512.9 880.42 302.50 2.27
Support 1 376.8 509.3 874.1 299.8 2.2
Support 2 373.0 502.2 869.17 298.30 2.21
Support 3 370.3 498.6 862.83 295.60 2.18
Economic Reports

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

All times are Eastern time Zone (EST)

 

Date 4:00pm Currency Impact Detail Actual Forecast Previous Graph
WedNov 4  3:15am EUR Spanish Services PMI 55.5 55.1
3:45am EUR Italian Services PMI 53.7 53.3
3:50am EUR French Final Services PMI 52.3 52.3
3:55am EUR German Final Services PMI 55.2 55.2
4:00am EUR ECB President Draghi Speaks
EUR Final Services PMI 54.2 54.2
5:00am EUR PPI m/m -0.4% -0.8%
5:30am USD FOMC Member Brainard Speaks
8:15am USD ADP Non-Farm Employment Change 183K 200K
8:30am USD Trade Balance -42.7B -48.3B
9:45am USD Final Services PMI 54.6 54.4
10:00am USD Fed Chair Yellen Testifies
USD ISM Non-Manufacturing PMI 56.6 56.9
10:30am USD Crude Oil Inventories 2.5M 3.4M
2:30pm USD FOMC Member Dudley Speaks
7:30pm USD FOMC Member Fischer Speaks

 

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 judgment in trading

 


Futures Levels and Economic Reports 10.20.2015

October 19th, 2015 Filed under Economic Trading, Future Trading News, Futures Trading | Comment (0)

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 Tuesday October 20, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!


Economic Reports & Futures Levels 8.11.2015

August 12th, 2015 Filed under Economic Trading, Future Trading News, Futures Trading | Comment (0)

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 Tuesday August 11, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Hello Traders,

TradeTheNews.com Weekly Market Update: See You in September
Fri, 07 Aug 2015 16:27 PM EST

US equity indices saw modest losses this week and the 10-year yield pulled back to levels last seen in late May as investors continued to brood over the timing of Fed rate liftoff. The consensus heading into Friday’s July jobs report was that any non-farm payrolls figure above +200K would support expectations for the Fed to tighten policy in September, and the +215K figure on Friday did the job. In China, the government extended its campaign of heavy-handed interventions to keep the Shanghai Composite steady. Economic data continued to suggest the economy is slowing: the official China manufacturing PMI index stalled out in July, hitting 50.0 after four months of very slight expansion. Europe is finally seeing solid improvements in economic data, with most of the continent’s July manufacturing PMI data beating expectations and firmly in expansion territory (although France did slip back into contraction in the month). For the week, the DJIA lost -1.8%, the S&P dropped -1.2%, and the Nasdaq gave up -1.7%.

The non-farm payrolls total came in slightly below expectations, but overall the July jobs report still indicates some improvement in the US labor market. Employers added 215,000 jobs in July, 10 thousand less than expected, but this marked the 58th consecutive month of job gains, the longest stretch on record. Both the June and May figures were revised slightly higher. Unemployment didn’t budge from its post-crisis low of 5.3%, while average hourly earnings rose 0.2% sequentially and 2.1% on an annualized basis, on par with the pace of much of the expansion. The labor-force participation rate remained at a multi-decade low, suggesting there remains quite a bit of slack in the labor market. The consensus heading into the data was that any figure above +200K would keep the Fed on track for tightening policy in September, and based on Fed-funds futures, the odds of a September hike rose to 56% from 46% before the jobs report.

In other US economic data, personal spending and core PCE growth held steady at low levels in July, although the y/y figure was a hair higher. The July ISM manufacturing index fell to 52.7 from 53.5 the month before, however the new orders component rose slightly to 56.5 from 56.0 in June, marking the highest reading since December. The July ISM non-manufacturing index saw very strong growth, rising to 60.3 from 56 m/m, with a new orders component up at 63.8. Construction spending barely rose in June as private outlays posted their biggest drop in a year, but the May figures were revised up to +1.8% from +0.8% prior.

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