Future Trading News & Information on Cannon Trading

Future Trading News

Category Archives: Future Trading News

As a high risk trading type, futures trading is not for someone who is faint-hearted. Though there are a number of different ways of investing in futures , it is important to stick to what you know. Treading into unknown waters is not something that you should do when dealing in futures.

From managing margins to ordering trades to doing market analysis and more if you want to, you can do that all by yourself – but you may betaking double the risk. Therefore, when trading in futures, it may be better to seek advice from a professional trader.

Professional trading experts at Cannon Trading can help you with your futures trading. We are also there to keep you updated with the latest on futures trading and market news. All the news and latest articles on futures trading are published on our site under the category Archive Futures Trading News, which you are currently browsing through. Read more and the latest here and keep updated.


FOMC minutes tomorrow along with Energies report & Trading Levels for 8.22.2018

August 21st, 2018 Filed under Future Trading News | Comment (0)

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Dear Traders,

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October crude oil is front month.
We have FOMC minutes tomorrow along with home sales early on and the weekly energy report.
Check the reports schedule in section 3 of this newsletter and know what reports are coming, when they are out and if they have impact on the markets you trade specifically.

 

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

08-21-2018

 

Contract September 2018  SP500 #ES_F Nasdaq100  #NQ_F Dow Jones  #YM_F Mini Russell #RTY_F BitCoin Index #XBT_F
Resistance 3 2895.33 7535.58 26064 1759.90 6780.22
Resistance 2 2884.67 7493.92 25975 1742.40 6628.93
Resistance 1 2875.08 7452.33 25903 1730.90 6529.94
Pivot 2864.42 7410.67 25814 1713.40 6378.65
Support 1 2854.83 7369.08 25742 1701.90 6279.66
Support 2 2844.17 7327.42 25653 1684.40 6128.37
Support 3 2834.58 7285.83 25581 1672.90 6029.38
Contract December Gold #GC_F Sept. Silver #SI-F Oct. Crude Oil #CL-F Sept.  Bonds  #ZB_F Sept.  Euro #6E_F
Resistance 3 1213.3 14.95 67.62 146  5/32 1.1761
Resistance 2 1208.2 14.89 67.05 145 27/32 1.1692
Resistance 1 1204.5 14.82 66.44 145 15/32 1.1644
Pivot 1199.4 14.76 65.87 145  5/32 1.1575
Support 1 1195.7 14.69 65.26 144 25/32 1.1527
Support 2 1190.6 14.63 64.69 144 15/32 1.1458
Support 3 1186.9 14.56 64.08 144  3/32 1.1410
Contract Dec.  Corn #ZC_F Sept. Wheat #ZW_F Nov. Beans #ZS_F Dec. SoyMeal #ZM_F Sept. Nat Gas #NG_F
Resistance 3 381.3 564.4 902.25 333.60 3.04
Resistance 2 379.3 560.6 898.50 332.20 3.01
Resistance 1 376.8 554.2 892.25 329.70 3.00
Pivot 374.8 550.3 888.50 328.30 2.98
Support 1 372.3 543.9 882.3 325.8 3.0
Support 2 370.3 540.1 878.50 324.40 2.94
Support 3 367.8 533.7 872.25 321.90 2.93

Economic Reports, source: 

https://app.bettertrader.com

 

 

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.


The market beats differently every day…. & Trading Levels for 8.21.2018

August 20th, 2018 Filed under Future Trading News | Comment (0)

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

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Dear Traders,

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The markets behave differently on a daily basis….
There are days when the moves are so fast and so volatile that you feel like you are in a race all day and there are days when the volume, price action are so slow, your biggest battle is making sure you are not trying to make up “set ups” and get into a trade just to make yourself feel like you are “working” and of course there is the in between….
The type of trading days you are trading is as important and can dictate changes in strategy, stop loss and target settings and more.
You must realize as soon as you can what type of trading day you are in and use your notes, your journal to adjust based on your experience in past, similar days.
You can’t dance using the same moves when the music has different beats……
  • In my opinion there are 3 main types of trading days.
1. The most common day are two sided trading action with swings up and down – this type of trading day is most suitable for using support and resistance levels along with overbought/oversold indicators.
2. Strong trending days, mostly one directional – this type of trading day is the least common, many times will happen on Mondays and maybe 3-5 times a month at most – this type of trading day is most suitable for using ADX, MACD crossovers and pretty much looking for pullbacks to jump on the trend.
3. Slow and/or choppy trading days – this type of trading day is best suited for taking small profits from the market by looking at volume spikes, using stochastics as possible entry signals and usually wait for a pullback before jumping in.
  • A good question I’ve been asked is how can one asses what type of trading day we will have while the market is still trading….I have been doing some work in finding the answers and will be happy to hear feedback via email but here are some initial observations:
    1. Was the overnight session a wide, two sided trading range? If the answer is yes, good chances for similar trading day during the primary session (primary session is when the cash/stock market is open)
    2. Mondays have the highest chance for trending days
    3. The behavior of the first hour of trading can also suggests the type of action for the rest of the day.
    4. If the first 30 minutes of the trading day have good volume, better chances for type 1 or type 2 trading days.
    5. Low volume during the first 30 minutes can suggest a choppy (type 3 trading day)
 One thing I personally found that helped me in day trading, is switching from using “time charts” ( 1 minute/ 5 minutes etc.) to range bar charts, like 18 ticks range bar charts on crude oil and gold, 10 ticks range bar chart on ES and more.
You can read my full article on that topic at:

 

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

08-21-2018

 

Contract September 2018  SP500 #ES_F Nasdaq100  #NQ_F Dow Jones  #YM_F Mini Russell #RTY_F BitCoin Index #XBT_F
Resistance 3 2872.58 7486.25 25938 1718.23 6869.35
Resistance 2 2866.67 7453.50 25865 1710.57 6711.73
Resistance 1 2862.08 7417.00 25810 1704.53 6578.72
Pivot 2856.17 7384.25 25737 1696.87 6421.10
Support 1 2851.58 7347.75 25682 1690.83 6288.09
Support 2 2845.67 7315.00 25609 1683.17 6130.47
Support 3 2841.08 7278.50 25554 1677.13 5997.46
Contract December Gold #GC_F Sept. Silver #SI-F Oct. Crude Oil #CL-F Sept.  Bonds  #ZB_F Sept.  Euro #6E_F
Resistance 3 1208.0 15.04 66.51 146  8/32 1.1613
Resistance 2 1202.8 14.94 66.06 145 29/32 1.1558
Resistance 1 1199.9 14.84 65.74 145 22/32 1.1528
Pivot 1194.7 14.73 65.29 145 11/32 1.1472
Support 1 1191.8 14.63 64.97 145  4/32 1.1442
Support 2 1186.6 14.53 64.52 144 25/32 1.1387
Support 3 1183.7 14.43 64.20 144 18/32 1.1357
Contract Dec.  Corn #ZC_F Sept. Wheat #ZW_F Nov. Beans #ZS_F Dec. SoyMeal #ZM_F Sept. Nat Gas #NG_F
Resistance 3 384.3 580.4 914.42 339.93 3.02
Resistance 2 381.7 575.8 909.58 337.67 2.99
Resistance 1 379.1 569.2 901.42 334.13 2.97
Pivot 376.4 564.6 896.58 331.87 2.94
Support 1 373.8 557.9 888.4 328.3 2.9
Support 2 371.2 553.3 883.58 326.07 2.89
Support 3 368.6 546.7 875.42 322.53 2.87

Economic Reports, source: 

https://app.bettertrader.com

 

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.


Videos on options basics + levels for tomorrow 08.16.18

August 15th, 2018 Filed under Future Trading News | Comment (0)

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

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Dear Traders,
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I have been asked by more than a few clients about options recently.
 
Some in terms of “insurance” , others in terms of speculation and more.
 
I decided to start with this short series of videos on options basics. By the CMEgroup.com 
 
1) Option Basics


For the FULL video list, please email me directly by replying back to this email.
 
As a reminder, our series 3 brokers are WELL VERSED with the ins and outs of options all the way to the advanced levels. Feel free to contact us at any time.
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 For Aug. 16th
Contract September 2018  SP500 #ES_F Nasdaq100  #NQ_F Dow Jones  #YM_F Mini Russell #RTY_F BitCoin Index #XBT_F
Resistance 3 2882.17 7599.58 25709 1728.60 7125.06
Resistance 2 2862.58 7532.17 25514 1713.00 6872.90
Resistance 1 2842.17 7451.33 25346 1693.70 6607.18
Pivot 2822.58 7383.92 25151 1678.10 6355.02
Support 1 2802.17 7303.08 24983 1658.80 6089.30
Support 2 2782.58 7235.67 24788 1643.20 5837.14
Support 3 2762.17 7154.83 24620 1623.90 5571.42
Contract December Gold #GC_F Sept. Silver #SI-F Sept. Crude Oil #CL-F Sept.  Bonds  #ZB_F Sept.  Euro #6E_F
Resistance 3 1218.2 15.61 68.74 145 19/32 1.1448
Resistance 2 1210.1 15.34 67.82 145  9/32 1.1415
Resistance 1 1196.2 14.89 66.35 144 31/32 1.1394
Pivot 1188.1 14.62 65.43 144 21/32 1.1361
Support 1 1174.2 14.16 63.96 144 11/32 1.1340
Support 2 1166.1 13.89 63.04 144  1/32 1.1307
Support 3 1152.2 13.44 61.57 143 23/32 1.1286
Contract Dec.  Corn #ZC_F Sept. Wheat #ZW_F Nov. Beans #ZS_F Dec. SoyMeal #ZM_F Sept. Nat Gas #NG_F
Resistance 3 381.9 546.8 887.67 344.93 2.99
Resistance 2 379.8 542.3 883.33 342.17 2.98
Resistance 1 377.9 537.3 876.17 336.73 2.96
Pivot 375.8 532.8 871.83 333.97 2.94
Support 1 373.9 527.8 864.7 328.5 2.9
Support 2 371.8 523.3 860.33 325.77 2.91
Support 3 369.9 518.3 853.17 320.33 2.89

Economic Reports, source: 

 

 

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.


A Few Different Ways to Enter a Trade & Trading Levels for 8.15.2018

August 14th, 2018 Filed under Future Trading News | Comment (0)

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

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Dear Traders,

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A Few Different Ways to Enter a Trade

By Ilan Levy-Mayer, VP and Broker

Today I decided to touch more on an educational feature rather than provide a certain market outlook.

Many of my clients and blog readers know that when it comes to short term trading I am a fan of adjusting your trading technique/ game plan according to your assessment of the type of trading day that is developing in front of you.

There are so many different aspects to trading. From financial, fundamental, and emotional aspects of when to enter a trade, when to exit a trade and SO MUCH more in between…..

An important part of trading is trade entry. Assuming a trader knows why he/she is about to enter a trade the next step sounds simple right? simply buy or sell the contract you wish to trade….

 

 

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

08-15-2018

 

Contract September 2018  SP500 #ES_F Nasdaq100  #NQ_F Dow Jones  #YM_F Mini Russell #RTY_F BitCoin Index #XBT_F
Resistance 3 2864.17 7548.50 25484 1722.20 6662.20
Resistance 2 2853.83 7506.75 25409 1710.00 6474.40
Resistance 1 2846.42 7480.50 25342 1702.30 6272.06
Pivot 2836.08 7438.75 25267 1690.10 6084.26
Support 1 2828.67 7412.50 25200 1682.40 5881.92
Support 2 2818.33 7370.75 25125 1670.20 5694.12
Support 3 2810.92 7344.50 25058 1662.50 5491.78
Contract December Gold #GC_F Sept. Silver #SI-F Sept. Crude Oil #CL-F Sept.  Bonds  #ZB_F Sept.  Euro #6E_F
Resistance 3 1212.1 15.25 69.79 144 23/32 1.1534
Resistance 2 1208.9 15.18 69.08 144 18/32 1.1496
Resistance 1 1205.2 15.12 68.15 144 10/32 1.1434
Pivot 1202.0 15.05 67.44 144  5/32 1.1396
Support 1 1198.3 14.99 66.51 143 29/32 1.1334
Support 2 1195.1 14.92 65.80 143 24/32 1.1296
Support 3 1191.4 14.86 64.87 143 16/32 1.1234
Contract Dec.  Corn #ZC_F Sept. Wheat #ZW_F Nov. Beans #ZS_F Dec. SoyMeal #ZM_F Sept. Nat Gas #NG_F
Resistance 3 385.8 554.8 898.42 353.37 3.03
Resistance 2 381.5 548.4 889.58 346.13 3.00
Resistance 1 379.0 545.1 884.67 341.97 2.98
Pivot 374.8 538.7 875.83 334.73 2.95
Support 1 372.3 535.3 870.9 330.6 2.9
Support 2 368.0 528.9 862.08 323.33 2.90
Support 3 365.5 525.6 857.17 319.17 2.87

Economic Reports, source: 

https://app.bettertrader.com

 

 

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.


Support & Resistance Levels 8.14.2018

August 13th, 2018 Filed under Future Trading News | Comment (0)

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Dear Traders,

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Jim Wyckoff Discusses Entry & Exit Strategies

I have received several email messages from my readers asking about how to best determine entry and exit strategies when trading markets. Here are just a few of their quotes:
  • “Though my success rate has been high, I am only breaking even financially, due to getting out too early in profit and letting my losses run too far.”
  • “Many articles are written showing when and where to enter trades… but how many articles are written about “running” positions? Where to exit surely has to be the biggest key to trading success!”
  • “I would appreciate some advice or tips on how to and when to enter a market and when to exit.”
Of course, if a trader knew exactly when to get into a market and when to get out, wouldn’t trading be easy! But even the most successful traders in the world can’t do that. The best they can strive for is to catch a bigger part of any move (trend) in the market, and then get out with a good profit before the market turns against them.
I’ve written past articles on trading with the trend and not against it, on the perils of trying to pick tops and bottoms, on support and resistance, and on letting profits run and cutting losses short, as well as trading the “breakouts.” I won’t repeat all those trading tenets here, but if you’ve missed some of my articles, drop me an email and I can attach some of them in an email to you.
 

 

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

08-14-2018

 

Contract September 2018  SP500 #ES_F Nasdaq100  #NQ_F Dow Jones  #YM_F Mini Russell #RTY_F BitCoin Index #XBT_F
Resistance 3 2862.92 7570.83 25572 1711.77 7179.07
Resistance 2 2853.33 7524.92 25471 1701.83 6899.52
Resistance 1 2839.17 7470.08 25342 1689.77 6563.93
Pivot 2829.58 7424.17 25241 1679.83 6284.38
Support 1 2815.42 7369.33 25112 1667.77 5948.79
Support 2 2805.83 7323.42 25011 1657.83 5669.24
Support 3 2791.67 7268.58 24882 1645.77 5333.65
Contract December Gold #GC_F Sept. Silver #SI-F Sept. Crude Oil #CL-F Sept.  Bonds  #ZB_F Sept.  Euro #6E_F
Resistance 3 1237.8 15.61 70.52 145 16/32 1.1529
Resistance 2 1229.6 15.48 69.23 145  4/32 1.1495
Resistance 1 1215.0 15.23 68.28 144 24/32 1.1462
Pivot 1206.8 15.10 66.99 144 12/32 1.1428
Support 1 1192.2 14.86 66.04 144 1.1394
Support 2 1184.0 14.73 64.75 143 20/32 1.1360
Support 3 1169.4 14.48 63.80 143  8/32 1.1327
Contract Dec.  Corn #ZC_F Sept. Wheat #ZW_F Nov. Beans #ZS_F Dec. SoyMeal #ZM_F Sept. Nat Gas #NG_F
Resistance 3 377.8 549.6 894.33 340.40 3.00
Resistance 2 374.5 545.2 882.42 335.00 2.97
Resistance 1 372.5 539.3 875.58 331.90 2.95
Pivot 369.3 534.9 863.67 326.50 2.92
Support 1 367.3 529.1 856.8 323.4 2.9
Support 2 364.0 524.7 844.92 318.00 2.87
Support 3 362.0 518.8 838.08 314.90 2.85

Economic Reports, source: 

https://app.bettertrader.com

 

 

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.

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