Weekly Newsletter

Category Archives: Weekly Newsletter


Weekly Newsletter 1104: Take a look at a buy/sell ALGO + Futures Trading Levels 7.04.2022

July 1st, 2022 Filed under Day Trading, Trading Guide, Weekly Newsletter | Comment (0)

Cannon Futures Weekly Newsletter Issue # 1104

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!

Free Trial to Buy/Sell Signals in YOUR OWN Charts

Get a 2-week FREE trial to the DIAMOND ALGO Family of trading signals!
  • Plug the indicators into your OWN charts, the markets you like and the time frame you like!
  • See how the signals work in real time!
  • Observe both the counter-trend and the trend following indicators
  • Get access to a video showing the suggested use of the different indicators.
  • Example of Signals in the Crude Oil 30 minute chart below from Friday, July 1st: Red diamond & Squares, red arrows = potential sell
  • Blue Arrows, diamonds, squares potential buy.
30 minute Crude Oil Futures Chart
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

07-04-2022

Futures Support + Resistance Levels 7.02.2022

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

https://mrci.com

Date Reports/Expiration Notice Dates

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 herein 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


Weekly Newsletter 1103: Learn to use Bollinger Bands & Parabolics when trading + Futures Trading Levels 6.27.2022

June 24th, 2022 Filed under Charts & Indicators, futures trading education, Weekly Newsletter | Comment (0)

Cannon Futures Weekly Newsletter Issue # 1103

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!

Trading Videos 201: Bollinger Bands, Parabolics, Price Confirmation and more!

Watch a series of short videos, where our VP, Ilan Levy-Mayer shares his personal preferences and opinions on different trading topics.

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

06-27-2022

Futures Trading Support + Resistance Levels 6.27.2022

Weekly Levels

Weekly Futures Trading Support + Resistance Levels

Weekly Trading Levels for 6.27-7.01

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 herein 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


Weekly Newsletter 1102: Identifying Trend Days (Bullish/Bearish), Futures Trading Levels for the Week Ahead

June 17th, 2022 Filed under Future Trading News, Weekly Newsletter | Comment (0)

Cannon Futures Weekly Newsletter Issue # 1102

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!

Trading 102: Identifying Trend Days (Bullish/Bearish)

This Article Was Contributed By 3rd Party. The Logic Behind The Article Is Valuable In Our Opinion And Provides You, The Trader, Another Possible Trading Tool To Explore.
By: David Dube Of Polaris Trading Group
Trend days often begin as strong upside (gap) breakouts that never get filled. Typically volatility and volume expand suggesting the move has significant participation from large (Other Time Frame) traders. Once the move is initiated price continues to trade above the market’s Volume Weighted Average Price (VWAP) and itself trends in direction of breakout. Since VWAP is trending this implies that traders are accepting “expanding value”.
Momentum and breadth Indicators will be skewed…Downside breakouts will be associated with high Cumulative NYSE Tick reading maintaining below zero-line with shallow pullbacks during the session. This tells us that, on balance, more stocks are trading on downticks versus upticks: (bearish case…sellers are in control). Additional breadth indicators to consider are Advance/Decline Ratio and Cumulative Volume Delta.
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

06-20-2022

Futures Support and Resistance Levels 6.20.2022

Weekly Levels

Weekly Futures Support Resistance Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

https://mrci.com

Date Reports/Expiration Notice Dates
MRCI Reports 6.20-6.24

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 herein 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


Weekly Newsletter 1101: Trading Crude Oil Volatility & Trading Levels for the Week Ahead

June 10th, 2022 Filed under Crude Oil, Weekly Newsletter | Comment (0)

Cannon Futures Weekly Newsletter Issue # 1101

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!

Rollover Notice for U.S. Stock Index and Currency Futures

Crude Oil Futures Volatility Offers A “Different Market Personality” Than Stock Index Futures. Here Is Some Of The Things You Need To Know About Day Trading Crude Oil Futures:

By: Ilan Levy-Mayer, Cannon Trading Commodities Broker & VP
Crude Oil is one of MY favorite futures market for day trading. Before I dive in and share with you how the volatility in crude oil fits my risk tolerance for day trading and provide a couple of chart examples, we should review some of the specifications of Crude Oil Futures.
Crude Oil Futures have monthly expiration. So each month we trade a different contract month, so one needs to know when is the first notice day and last trading day for crude oil futures in order to always make sure we are trading the proper month with the most liquidity and avoid any chance of getting into delivery situation.
Next is the contract size. Crude Oil futures are based on 1000 barrels. To be honest from a day trading perspective all I care is that each tick or 1 cent fluctuation is $10 against me or in my favor per contract. That means that a move from 92.94 to 92.74 = $200.
Another factor is trading hours. At the time I am sharing my thoughts with you, April 8th 2013, crude oil futures trade on the CME Globex platform and trade from 5 PM CDT until the next day at 4 PM CDT. That is 23 of straight trading hours. I definitely don’t recommend day trading this market 23 hours…but it is good to know the trading hours.
Volume in crude oil futures is pretty good to trade in my opinion. Averaging about 300,000 contracts per day.
One last pointer to touch on is the API (American Petroleum Institute) report that normally comes out Wednesday at 9:30 CDT (on short weeks, holidays etc. , this report will be pushed to Thursday at 10 AM CDT). I tell my clients that this report is way too volatile and I like to be out 5 minutes before and not resume trading 5 minutes until after the report comes out. This report by itself deserves a writing but on short, the report provides information on how our stock pile is doing ( = supply/demand) and the market will move based on the numbers versus what was expected. Again as a day trader, your main job is to know about this report, when it comes out and in my opinion stay out of the market during this time..
Would you like to contact Ilan or any of our brokers for more feedback? We are happy to help!
Are you using Sierra charts and looking to implement their Teton order routing?
If so, look no further, Cannon can assist you in getting set up!
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

06-13-2022

Weekly Levels

Reports, First Notice (FN), Last trading (LT) Days for the Week:

https://mrci.com

Date Reports/Expiration Notice Dates

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 herein 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


Weekly Newsletter 1100: Futures Spreads 101 + Trading Levels for the Week Ahead

June 3rd, 2022 Filed under Grain Futures, Weekly Newsletter | Comment (0)

Cannon Futures Weekly Newsletter Issue # 1100

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!

Enhance Your Trading, Futures Spreads 101

By John Thorpe, Senior Broker
Futures spreads are a way to get involved in trending markets at a lower margin cost and often times can give the trader staying power to last weeks if not months. If you were thinking about entering the Crude market, or the Grain markets but were psyched out by the volatility of an outright long or short futures position. Futures Time Spreads or Calendar spreads where the trader goes long one month and simultaneously goes short another month of the same commodity is a way to engage your margin dollars in a trend.
We use the futures contract symbol, in the case of Soybeans ZS then FTS for futures Time Spread ZS FTS +N22,-Z22 if you look at the chart the symbol is highlighted upper left and the current price is 1.78 or $1.78 cents. that is the differential between the two contracts most recent prices today
Some advantages of using a spread are:
Soybean Futures Time Spread
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

06-06-2022

Futures Support and Resistance Levels 6.06.2022

Weekly Levels

Weekly Support & Resistance Levels 6.06-6.10.2022

Reports, First Notice (FN), Last trading (LT) Days for the Week:

https://mrci.com

Date Reports/Expiration Notice Dates
MRCI Report 6.03-6.13.2022

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 herein 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

Have A Questions? Open an account Free Demo Account Free Demo Account

Questions?

Valid first name is required.
Valid last name is required.
Phone number is required.
E-mail is required.
Message is required.
Phone (USA)
Phone (International)
Our Approach

You and your broker will work together to achieve your trading goals. We develop long term relationships with our clients so that we can grow and improve together.
Learn More About Choosing Cannon

Our Platforms

Please click on one of our platforms below to learn more about them, start a free demo, or open an account.
TransAct AT
E-Futures
Shogun Trade Executer
Firetip (Mac Compatible)

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
________
Doing Business With
See more...
Loading
Loading

Loading