Future Trading News & Information on Cannon Trading

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.

Benefits of trading with a broker +Support & Resistance Levels 6.22.2018

June 21st, 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,

Most traders nowadays trade online utilizing what we call self directed, online trading.

However, some traders may benefit from a service called broker assisted trading

Traders who are not able to watch the screen all day, traders who are swing or longer term traders, traders who sell options are just some examples of clients who may benefit from working one on one with a broker.

The broker can alert the client for diff. price levels, developments and be a second pair of eyes as well as another voice to reason with and consult with.

You can read more on this type of service at:

www.cannontrading.com/services/broker-assisted-traders

And you can also read the following 2 reviews by broker assisted clients:

https://www.trustpilot.com/reviews/5b2430146d33bc0fd866edf8

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

06-22-2018

Contract September 2018	SP500 #ES_F	Nasdaq100 #NQ_F	Dow Jones #YM_F	Mini Russell #RTY_F	BitCoin Index #XBT_F
Resistance 3	2801.25	7461.33	25029	1737.83	7109.66
Resistance 2	2789.75	7398.92	24944	1725.87	6961.28
Resistance 1	2780.25	7351.58	24803	1718.83	6857.81
Pivot	2768.75	7289.17	24718	1706.87	6709.43
Support 1	2759.25	7241.83	24577	1699.83	6605.96
Support 2	2747.75	7179.42	24492	1687.87	6457.58
Support 3	2738.25	7132.08	24351	1680.83	6354.11

Contract	August Gold #GC_F	July Silver #SI-F	Aug. Crude Oil #CL-F	Sept. Bonds #ZB_F	Sept. Euro #6E_F
Resistance 3	1284.9	16.48	67.89	144 27/32	1.1749
Resistance 2	1281.7	16.43	67.12	144 19/32	1.1713
Resistance 1	1276.7	16.36	66.33	143 31/32	1.1685
Pivot	1273.5	16.31	65.56	143 23/32	1.1649
Support 1	1268.5	16.24	64.77	143 3/32	1.1622
Support 2	1265.3	16.19	64.00	142 27/32	1.1586
Support 3	1260.3	16.12	63.21	142 7/32	1.1558

Contract	July Corn #ZC_F	July Wheat #ZW_F	July Beans #ZS_F	July SoyMeal #ZM_F	July Nat Gas #NG_F
Resistance 3	367.0	509.2	917.00	348.10	3.04
Resistance 2	361.8	499.6	906.50	343.00	3.01
Resistance 1	358.0	493.9	898.00	338.10	2.98
Pivot	352.8	484.3	887.50	333.00	2.95
Support 1	349.0	478.7	879.0	328.1	2.9
Support 2	343.8	469.1	868.50	323.00	2.89
Support 3	340.0	463.4	860.00	318.10	2.87

Economic Reports, source:

http://app.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.

Factors to shape FED rate moves +Support & Resistance Levels 6.20.2018

June 19th, 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,

https://twitter.com/CannonTrading

Factors Likely to Shape Fed’s Interest Rate Path in H2 2018

By Blu Putnam, Chief Economist, CME Group

Video Highlights

Fed could hike rates at least once in H2 2018 as core inflation edges up
A second rate increase in H2 is possible but dependent on inflation data
Fed aiming for ‘rate neutrality,’ when fed funds rate equals core inflation
10-Year Treasury Note at 3% could be a floor, not ceiling, if inflation strengthens

Good Trading

Futures Trading Levels

06-20-2018

Contract September 2018	SP500 #ES_F	Nasdaq100 #NQ_F	Dow Jones #YM_F	Mini Russell #RTY_F	BitCoin Index #XBT_F
Resistance 3	2828.92	7419.50	25392	1730.20	7006.01
Resistance 2	2804.58	7349.25	25205	1715.00	6923.22
Resistance 1	2784.42	7298.00	24944	1706.00	6831.86
Pivot	2760.08	7227.75	24757	1690.80	6749.07
Support 1	2739.92	7176.50	24496	1681.80	6657.71
Support 2	2715.58	7106.25	24309	1666.60	6574.92
Support 3	2695.42	7055.00	24048	1657.60	6483.56

Contract	August Gold #GC_F	July Silver #SI-F	Aug. Crude Oil #CL-F	Sept. Bonds #ZB_F	Sept. Euro #6E_F
Resistance 3	1299.5	16.80	67.21	145 11/32	1.1835
Resistance 2	1293.1	16.68	66.47	145 2/32	1.1779
Resistance 1	1285.3	16.49	65.70	144 20/32	1.1720
Pivot	1278.9	16.37	64.96	144 11/32	1.1665
Support 1	1271.1	16.18	64.19	143 29/32	1.1606
Support 2	1264.7	16.06	63.45	143 20/32	1.1550
Support 3	1256.9	15.87	62.68	143 6/32	1.1491

Contract	July Corn #ZC_F	July Wheat #ZW_F	July Beans #ZS_F	July SoyMeal #ZM_F	July Nat Gas #NG_F
Resistance 3	380.4	503.1	961.08	357.60	3.02
Resistance 2	369.1	493.9	927.67	347.30	2.99
Resistance 1	361.4	485.8	908.33	340.90	2.95
Pivot	350.1	476.7	874.92	330.60	2.92
Support 1	342.4	468.6	855.6	324.2	2.9
Support 2	331.1	459.4	822.17	313.90	2.85
Support 3	323.4	451.3	802.83	307.50	2.81

Economic Reports, source:

http://app.bettertrader.co

Range bar and volume charts may be a better solution for day trading & Support & Resistance Levels 6.19.2018

June 18th, 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,

Why I Like to Use Tick and Volume Charts for Scalping

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 using volume charts, tick charts, range bar charts and Renko charts rather than the traditional time charts like the 1 minutes, 5 minutes etc.

My rule of thumb is that if you as a trader who makes decisions based on charts that are less than 15 minutes time frame, it may be worth your time to research, back test and do some homework as to potentially using other type of charts like volume charts, Range charts etc.

Volume charts will draw a new bar once a user defined number of contracts traded. An example is the mini SP 10,000 volume chart which will draw a new bar once 10,000 contracts are traded.

Range bar charts will draw new charts once price action has exceeded a user’s pre-defined price or ticks range. An example might be an 18 ticks range bar chart on crude oil.

While volume charts rely ONLY on volume, the range bar charts rely ONLY on price action.

Their main advantage over traditional time charts is twofold in my opinion:

If the market is moving fast, reports have come out or there is heavy volume in the market, the traditional 5 minute chart will need 5 minutes to complete the next bar before it provides you with a signal…if you have day traded futures before you know what 5 minutes can do to these markets….The volume charts or range bar charts in this case will complete the bars MUCH faster because there is strong price action and strong volume and will be able to provide a signal faster than the time charts.

On the flip side, there are times when the market is dead…low volume, sideways, choppy action. If you are using the 3 minute chart and a moving avg. cross over, you may get a signal simply because time has passed and the moving averages crossed even though the market is pretty dead….If you are using a volume chart and the market is slow…it will take a while for the bars to complete and hence it may filter out some “noise” in the market.

For some screen shots as well as a free trial to trading signals:

https://www.cannontrading.com/tools/intraday-futures-trading-signals

Good Trading

Futures Trading Levels

06-14-2018

Contract September 2018	SP500 #ES_F	Nasdaq100 #NQ_F	Dow Jones #YM_F	Mini Russell #RTY_F	BitCoin Index #XBT_F
Resistance 3	2815.42	7387.42	25471	1727.77	7279.78
Resistance 2	2801.08	7338.33	25309	1713.33	7036.56
Resistance 1	2789.92	7306.92	25162	1706.07	6872.55
Pivot	2775.58	7257.83	25000	1691.63	6629.33
Support 1	2764.42	7226.42	24853	1684.37	6465.32
Support 2	2750.08	7177.33	24691	1669.93	6222.10
Support 3	2738.92	7145.92	24544	1662.67	6058.09

Contract	August Gold #GC_F	July Silver #SI-F	Aug. Crude Oil #CL-F	Sept. Bonds #ZB_F	Sept. Euro #6E_F
Resistance 3	1289.5	16.82	68.93	144 21/32	1.1778
Resistance 2	1287.2	16.73	67.38	144 12/32	1.1741
Resistance 1	1284.1	16.61	66.51	144	1.1719
Pivot	1281.8	16.52	64.96	143 23/32	1.1682
Support 1	1278.7	16.40	64.09	143 11/32	1.1659
Support 2	1276.4	16.31	62.54	143 2/32	1.1622
Support 3	1273.3	16.19	61.67	142 22/32	1.1600

Contract	July Corn #ZC_F	July Wheat #ZW_F	July Beans #ZS_F	July SoyMeal #ZM_F	July Nat Gas #NG_F
Resistance 3	363.3	502.2	928.08	345.50	3.13
Resistance 2	361.0	498.8	919.67	343.10	3.09
Resistance 1	358.5	494.4	914.08	339.30	3.03
Pivot	356.3	491.1	905.67	336.90	2.99
Support 1	353.8	486.7	900.1	333.1	2.9
Support 2	351.5	483.3	891.67	330.70	2.88
Support 3	349.0	478.9	886.08	326.90	2.81

Economic Reports, source:

http://app.bettertrader.co

Opportunities and risks + Trading Levels and Reports for June 15th 2018

June 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,

Read our guide which outlines some important futures trading concepts. It may be beneficial to read this guide before trading commodities on the futures market.

93 page PDF with topics including: options 101, trading strategies, spreads, margins, regulations and much more.

Guide to Risk and Opportunities of Futures and Options Trading.

Download the booklet.

Good Trading

Futures Trading Levels

06-14-2018

Contract September 2018	SP500 #ES_F	Nasdaq100 #NQ_F	Dow Jones #YM_F	Mini Russell #RTY_F	BitCoin Index #XBT_F
Resistance 3	2819.00	7468.17	25522	1710.10	7253.92
Resistance 2	2806.50	7394.58	25437	1700.40	6983.85
Resistance 1	2797.25	7352.42	25318	1695.30	6813.29
Pivot	2784.75	7278.83	25233	1685.60	6543.22
Support 1	2775.50	7236.67	25114	1680.50	6372.66
Support 2	2763.00	7163.08	25029	1670.80	6102.59
Support 3	2753.75	7120.92	24910	1665.70	5932.03

Contract	August Gold #GC_F	July Silver #SI-F	July Crude Oil #CL-F	Sept. Bonds #ZB_F	June Euro #6E_F
Resistance 3	1324.4	17.77	68.09	144 19/32	1.2040
Resistance 2	1318.7	17.56	67.63	144 4/32	1.1949
Resistance 1	1312.4	17.39	67.29	143 26/32	1.1768
Pivot	1306.7	17.18	66.83	143 11/32	1.1677
Support 1	1300.4	17.00	66.49	143 1/32	1.1496
Support 2	1294.7	16.79	66.03	142 18/32	1.1405
Support 3	1288.4	16.62	65.69	142 8/32	1.1224

Contract	July Corn #ZC_F	July Wheat #ZW_F	July Beans #ZS_F	July SoyMeal #ZM_F	July Nat Gas #NG_F
Resistance 3	378.3	521.7	944.92	352.33	3.03
Resistance 2	375.0	516.3	940.08	350.47	3.00
Resistance 1	369.0	508.9	933.67	346.83	2.98
Pivot	365.8	503.6	928.83	344.97	2.96
Support 1	359.8	496.2	922.4	341.3	2.9
Support 2	356.5	490.8	917.58	339.47	2.91
Support 3	350.5	483.4	911.17	335.83	2.89

Economic Reports, source:

http://app.bettertrader.co

Tips on Trading Crude Oil Futures & Levels 6.14.2018

June 13th, 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,

A few weeks ago I shared an old article I wrote about trading crude oil futures and one of the blog readers mentioned it was “recycled material”. While I think the info in that article is timeless, the reader was right so I decided to write another article on the topic with tips into day-trading crude oil futures.

You can read the full article at:

https://www.cannontrading.com/tools/support-resistance-levels/trading-crude-oil-futures/

Good Trading

Futures Trading Levels

06-14-2018

Contract September 2018	SP500 #ES_F	Nasdaq100 #NQ_F	Dow Jones #YM_F	Mini Russell #RTY_F	BitCoin Index #XBT_F
Resistance 3	2809.83	7349.83	25515	1702.40	7042.89
Resistance 2	2802.92	7319.92	25447	1696.80	6831.65
Resistance 1	2792.58	7279.08	25344	1689.80	6556.77
Pivot	2785.67	7249.17	25276	1684.20	6345.53
Support 1	2775.33	7208.33	25173	1677.20	6070.65
Support 2	2768.42	7178.42	25105	1671.60	5859.41
Support 3	2758.08	7137.58	25002	1664.60	5584.53

Contract	August Gold #GC_F	July Silver #SI-F	July Crude Oil #CL-F	Sept. Bonds #ZB_F	June Euro #6E_F
Resistance 3	1318.2	17.54	68.58	144 9/32	1.1899
Resistance 2	1311.7	17.34	67.74	143 23/32	1.1852
Resistance 1	1307.5	17.22	67.21	143 7/32	1.1823
Pivot	1301.0	17.02	66.37	142 21/32	1.1776
Support 1	1296.8	16.90	65.84	142 5/32	1.1747
Support 2	1290.3	16.70	65.00	141 19/32	1.1700
Support 3	1286.1	16.58	64.47	141 3/32	1.1671

Contract	July Corn #ZC_F	July Wheat #ZW_F	July Beans #ZS_F	July SoyMeal #ZM_F	July Nat Gas #NG_F
Resistance 3	383.4	538.8	954.17	360.47	3.05
Resistance 2	380.8	533.5	949.83	357.43	3.01
Resistance 1	378.4	525.0	942.92	352.57	2.99
Pivot	375.8	519.8	938.58	349.53	2.95
Support 1	373.4	511.3	931.7	344.7	2.9
Support 2	370.8	506.0	927.33	341.63	2.89
Support 3	368.4	497.5	920.42	336.77	2.86