Futures Trading News & Information on Cannon Trading

Category Archives: Futures Trading

Futures trading is done by two main parties, one of which is the hedger and the other one is the speculator. Where a speculator is there to trade for either their own accounts or that of their clients, a hedger always uses futures as a possible protection from losses. Hedgers can also be described as individuals or business owners who are more risk averse. Speculators and hedgers are likely to benefit from futures trading if the trader has a strong ability to analyze the markets and understands that future behavior. Though futures can behigh risk, they offer an equally high return and are thus very tempting.

In case you are new to futures trading you need to understand how things work. We at Cannon Trading are there to help with your understanding of all the elements of futures trading and also counsel and advise you with the same. Our knowledge base featured on our website, is a store house of information. In order to know every aspect of futures trading, you must read through these articles that have been listed in this category archive. Go through it and get better informed!

SP500 Approaching Support? + Futures Trading Levels for Sept. 22nd 2023

September 21st, 2023 Filed under Charts & Indicators, E-Mini Futures, Future Trading News, Futures Broker, Futures Trading, Index Futures, Indices, S&P 500 | Comment (0)

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Mini SP 500 futures are approaching an important support levels on the daily chart as seen below.

4325-4350 zone.

The big question is “Will support hold or will price break through towards the next levels?”

Mini S&P ES Daily Chart / #ES

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

09-22-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

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Economic Reports, Source:

Forexfactory.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.

Energy Futures Trading Competition + Futures Trading Levels for Sept. 21st 2023

September 20th, 2023 Filed under Commodity Brokers, Commodity Trading, Crude Oil, Day Trading, Energy Futures, Future Trading News, Futures Broker, Futures Trading, Natural Gas | Comment (0)

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Energy Futures Trading Competition

Start: October 15th at 5:00 PM CT

End: October 27th at 4:00 PM CT

Prizes (Cash Prizes!!)

First Place: $2500

Second Place: $1000

Third Place: $650

Random Selection: $500

Competition Details

Trade any Group Energy Futures Products including Crude Oil, Micro Crude Oil, RBOB Gasoline, and Natural Gas
All Trading will be in the Front-Month Contract
All trades will be completed in the StoneX Trader Simulated Trading Environment using the white-labeled Contest Trader application
All traders will begin with a virtual account of $100,000.00 Your goal: increase the balance to as much as possible by the conclusion of the competition.
Top three traders with the highest P&L balance at the end will get a cash prize.
One winner will be chosen from the remaining participants to receive a cash prize.
The prizes to the winners shall be awarded in the form of a check (or any other form as reasonably determined by StoneX) and sent to the winner within ten business days of receiving the required tax documentation.

Futures Trading Levels

09-21-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker

1-800-454-9572 Explore trading methods. Register Here

Economic Reports, Source:

Forexfactory.com

Choosing the Right Futures and Commodity Trading Brokers

September 19th, 2023 Filed under Commodity Brokers, Commodity Trading, Future Trading News, Futures Broker, Futures Exchange, Futures Trading, Trading Guide | Comment (0)

Find out more about futures trading with Cannon Trading Company here.

In the world of futures and commodity trading, finding a reliable broker is paramount. Traders seek brokers that offer transparency, knowledge, quick execution, and good regulatory standing. They want a broker who not only provides the tools for trading but is also there to assist promptly when issues arise. Among the reputable players in this industry, Cannon Trading stands out as an excellent choice. In this comprehensive guide, we will explore the key factors that make Cannon Trading a top choice for futures and commodity traders, including their 4.9 out of 5-star TrustPilot ranking.

Futures and Commodity Trading Brokers: A Vital Link
Futures and commodity trading are financial markets where participants speculate on the future prices of various assets, from agricultural products to energy resources and financial instruments. To access these markets, traders rely on brokers, who act as intermediaries, providing the necessary infrastructure, trading platforms, and access to exchanges. It’s crucial to choose a broker that not only facilitates trading but also offers valuable services and assistance, especially in times of need.

The Importance of Transparency, Knowledge, and Quick Executions
When selecting a futures or commodity trading broker, several critical factors come into play:

Transparency: Traders need to know that they are trading in a fair and transparent environment. This includes clear fee structures, accurate market data, and fair execution practices.
Knowledge: Brokers should possess in-depth knowledge of the markets they serve. They should provide clients with insightful market analysis, educational resources, and expert guidance to help them make informed trading decisions.
Quick Executions: In the fast-paced world of futures and commodities, timely execution of orders is essential. Delays can lead to missed opportunities or increased risks.
Regulatory Standing: A reputable broker should be in good standing with relevant regulatory bodies, such as the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) in the United States. Regulatory compliance ensures a higher level of trust and security for clients.
Customer Support: A broker’s ability to pick up the phone immediately and assist clients in resolving issues is a critical aspect of their service. Effective customer support can make a significant difference in a trader’s experience.

Cannon Trading: A Trusted Name in Futures and Commodity Brokerage
Cannon Trading, with its decades-long presence in the industry, has garnered a strong reputation for providing the transparency, knowledge, quick executions, and regulatory standing that traders seek. Here’s why Cannon Trading is highly recommended:

Exceptional Transparency
Cannon Trading prides itself on transparency in all aspects of its services. Their fee structures are clear and competitive, ensuring that traders have a comprehensive understanding of their costs. This transparency extends to order execution, where traders can expect fair and efficient execution practices.
In-Depth Knowledge
Cannon Trading’s team consists of industry experts with a deep understanding of futures and commodity markets. They offer clients valuable insights, market analysis, and educational resources to enhance their trading knowledge. Whether you’re a novice or an experienced trader, you’ll find their guidance invaluable.
Quick Executions
In the world of futures and commodities, timing is crucial. Cannon Trading provides traders with access to advanced trading platforms that offer fast and reliable order execution. This ensures that traders can seize opportunities as they arise without delays.
Regulatory Compliance
Cannon Trading operates with the highest level of integrity and is in good standing with regulatory bodies such as the CFTC and NFA. This commitment to compliance offers clients peace of mind, knowing that they are trading with a reputable and regulated broker.
Exceptional Customer Support
One of the standout features of Cannon Trading is its dedication to customer support. The firm’s support team is known for picking up the phone immediately to address client inquiries or resolve issues promptly. This level of responsiveness is a testament to their commitment to client satisfaction.

Variety of Futures Trading Software
Cannon Trading understands that traders have diverse preferences and requirements when it comes to trading platforms. That’s why they offer a wide variety of futures trading software options to cater to different needs:

– E-Futures Software: E-Futures is known for its user-friendly interface, real-time market data, and advanced charting tools. It’s suitable for traders of all levels.
– E-Futures International: This platform provides access to global markets, making it ideal for those interested in international futures trading. It offers multi-currency support and access to various asset classes.
– CannonPro Trading Software: Designed for professional and institutional traders, CannonPro offers low-latency execution, advanced order types, and extensive customization options.

Why Choose Cannon Trading
Cannon Trading’s reputation for transparency, knowledge, quick executions, and regulatory compliance make it a standout choice for futures and commodity traders. Here are some compelling reasons why you should consider Cannon Trading for your trading needs:

TrustPilot 4.9 out of 5 Stars
Cannon Trading’s TrustPilot rating of 4.9 out of 5 stars is a remarkable achievement. This high rating reflects the consistent satisfaction of their clients and is a strong indicator of the quality of their services.
Comprehensive Support
Cannon Trading goes beyond just providing trading platforms. They offer a comprehensive support system, including educational resources, market analysis, and expert guidance. Their team is readily available to assist clients in navigating the complexities of futures and commodity trading.
Diverse Trading Software
The availability of a wide range of trading software ensures that traders can find a platform that suits their specific needs and preferences. Whether you’re a beginner or a seasoned professional, Cannon Trading has a platform for you.
Industry Experience
With over three decades of experience, Cannon Trading has a proven track record of serving the needs of futures and commodity traders. Their longevity in the industry speaks to their reliability and commitment to client success.
Regulatory Integrity
Cannon Trading operates in full compliance with regulatory requirements, instilling confidence in traders that they are trading with a reputable and trustworthy broker.

Choosing the right futures and commodity trading broker is a crucial decision for traders. Cannon Trading, with its stellar reputation for transparency, knowledge, quick executions, and regulatory compliance, is a standout choice. Their 4.9 out of 5-star TrustPilot rating is a testament to their dedication to client satisfaction. With a diverse range of trading software and a commitment to providing comprehensive support, Cannon Trading is well-equipped to serve the diverse needs of futures and commodity traders, helping them navigate the intricacies of these dynamic markets with confidence and success.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey with Cannon Trading Company today.

Disclaimer – Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. 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.

FOMC Tomorrow! + Futures Trading Levels for Sept. 20th 2023

September 19th, 2023 Filed under Commodity Brokers, Commodity Trading, Day Trading, E-Mini Futures, Future Trading News, Futures Broker, Futures Trading, Index Futures, Indices | Comment (0)

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FOMC tomorrow and the markets are expecting NO CHANGE in rates tomorrow, however, traders will pay close attention in an attempt to predict future hikes the rest of 2023.

The following are suggestions on trading during FOMC days:

· Reduce trading size

· Be extra picky = no trade is better than a bad trade

· Choose entry points wisely. Look at longer time frame support and resistance for entry. Take the approach of entering at points where you normally would have placed protective stops. Example, trader x looking to go long the mini SP at 4425.00 with a stop at 4419.00, instead “stretch the price bands” due to volatility and place an entry order to buy at 4419.75 and place a stop a few points below in this hypothetical example ( consider current volatility along with support and resistance levels).

· Expect the higher volatility during and right after the announcement

· Expect to see some “vacuum” ( low volume, big zigzags) right before the number.

· Consider using automated stops and limits attached to your entry order as the market can move very fast at times.

· Know what the market was expecting, learn what came out and observe market reaction for clues

· Be patient and be disciplined

· If in doubt, stay out!!

Plan your trade and trade your plan

Futures Trading Levels

09-20-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker

1-800-454-9572 Explore trading methods. Register Here

Economic Reports, Source:

Forexfactory.com

S&P Futures: Trading, Components, and Hedging Strategies with Cannon Trading Company

September 16th, 2023 Filed under Commodity Trading, Futures Trading, Trading Guide | Comment (0)

Find out more about trading S&P futures with Cannon Trading Company here.

S&P futures, including E-mini S&P futures and Micro S&P futures, are among the most widely traded derivatives in the world. These futures contracts are based on the S&P 500 stock index, which is a benchmark for the performance of large-cap U.S. stocks. In this comprehensive guide, we will explore the components of the S&P 500 index, where S&P futures are traded, their trading hours, and how they can be effectively used for hedging. Furthermore, we’ll elaborate on why Cannon Trading Company is considered one of the best brokers for trading the S&P 500 futures contracts.

Components of the S&P 500 Index

The S&P 500 index represents a diverse cross-section of the U.S. stock market. It comprises 500 of the largest and most prominent publicly traded companies in the United States. These companies are selected based on various factors, including market capitalization, liquidity, and sector representation. Some of the sectors and industries represented in the S&P 500 index include:

Information Technology: Companies such as Apple, Microsoft, and Alphabet (Google) are major components of the S&P 500, reflecting the dominant role of the tech sector in the U.S. economy.
Healthcare: Pharmaceutical giants like Johnson & Johnson and biotech firms like Pfizer are included in the index, representing the healthcare sector.
Financials: Major U.S. banks like JPMorgan Chase, Bank of America, and Wells Fargo are part of the index, reflecting the strength of the financial sector.
Consumer Discretionary: Retailers like Amazon and consumer brands like Walt Disney are important components of the S&P 500, representing consumer discretionary spending.
Energy: Leading energy companies like ExxonMobil and Chevron are included, reflecting the importance of the energy sector.
Industrials: Companies like Boeing and General Electric represent the industrial sector within the index.
Consumer Staples: Household names like Procter & Gamble and Coca-Cola are part of the index, representing consumer staples.
Utilities: Utility companies like NextEra Energy are included for their role in providing essential services.
Materials: Companies in the materials sector, including chemical and mining firms, are also represented.
Real Estate: Real estate investment trusts (REITs) like Simon Property Group are included to reflect the real estate market.

Where Are S&P Futures Traded?

S&P futures are primarily traded on futures exchanges, with the Chicago Mercantile Exchange (CME) being the most prominent venue. The two main types of S&P futures contracts are:

1. E-mini S&P 500 Futures: These are electronically traded futures contracts that represent a fraction of the value of the standard S&P 500 index. E-mini contracts are highly liquid and are preferred by many traders due to their accessibility and affordability.
Micro S&P 500 Futures: Micro S&P futures are even smaller contracts than the E-minis. Designed for those who wish to fine-tune their position sizes, they offer a cost-effective way to gain exposure to the S&P 500.

Trading Hours for S&P Futures

S&P futures, including E-mini and Micro contracts, trade 23 hours a day, from 5:00 pm Central time around the clock to 4:00 pm the following day.

Hedging with S&P Futures

S&P futures are a popular choice for hedging equity portfolios because they closely track the performance of the S&P 500 index. Here’s how traders and investors can use S&P futures for hedging purposes:

Portfolio Protection: Investors with significant holdings in U.S. equities can use S&P futures to protect their portfolios from market downturns. By taking a short position in S&P futures, they can offset potential losses in their stock holdings.
Single-Stock Risk Mitigation: If an investor holds a substantial position in a specific S&P 500 component stock, they can hedge against the stock’s price movements by taking an opposing position in S&P futures.
Event Risk Hedging: Events such as earnings announcements, economic data releases, or geopolitical events can lead to increased market volatility. Traders can use S&P futures to hedge their positions ahead of such events.
Sector-specific Hedging: If an investor has a concentrated portfolio within a specific sector represented in the S&P 500, they can hedge against sector-specific risks by trading S&P futures.

Why Cannon Trading Company Is the Best Broker for S&P Futures

Cannon Trading Company has earned a strong reputation as one of the best brokers for trading S&P futures. Here are some key reasons why Cannon Trading stands out in the industry:

1. Expertise and Experience: Cannon Trading has been serving traders and investors for over three decades. Their team of experienced brokers and staff members possess deep knowledge of the futures and commodities markets, including S&P futures.
Multiple Trading Platforms: Cannon Trading offers a variety of advanced trading platforms, including CQG, Sierra Chart, and R Trader. These platforms cater to traders of all levels and provide the tools needed for effective S&P futures trading.
Personalized Service: The brokerage is known for its personalized approach in client relationships. They take the time to understand each client’s unique trading goals and offer tailored solutions and guidance.
Competitive Pricing: Cannon Trading offers competitive commission rates, ensuring that traders can keep their trading costs in check, which is especially important for frequent S&P futures traders.
Educational Resources: Cannon Trading provides a wealth of educational resources, including webinars, market analysis, and trading guides, to help traders improve their skills and make informed decisions.
Regulation and Security: As a member of the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC), Cannon Trading adheres to strict industry regulations, providing clients with a secure trading environment.

S&P futures, including E-mini S&P futures and Micro S&P futures, play a vital role in the world of derivatives trading. They provide exposure to the performance of the S&P 500 index, making them a valuable instrument for traders and investors. Cannon Trading Company, with its wealth of experience, personalized service, advanced trading platforms, competitive pricing, and commitment to client education, stands out as one of the best brokers for S&P futures trading. Whether you are looking to hedge your portfolio or actively trade these contracts, Cannon Trading can provide the support and resources you need to navigate the world of S&P futures effectively.

Futures Trading

Category Archives: Futures Trading

SP500 Approaching Support? + Futures Trading Levels for Sept. 22nd 2023

Futures Trading Levels

Improve Your Trading Skills

Economic Reports, Source:

Energy Futures Trading Competition + Futures Trading Levels for Sept. 21st 2023

Energy Futures Trading Competition

Futures Trading Levels

Improve Your Trading Skills

Economic Reports, Source:

Choosing the Right Futures and Commodity Trading Brokers

FOMC Tomorrow! + Futures Trading Levels for Sept. 20th 2023

Futures Trading Levels

Improve Your Trading Skills

Economic Reports, Source:

S&P Futures: Trading, Components, and Hedging Strategies with Cannon Trading Company

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