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Order Flow – Keeping it Simple, Practical & Effective Webinar Sign Up 5-10-2016

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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 May 10, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Greetings!

From CMEGroup.com:

Could U.S. Politics Temper Fed Rate Hike Timing?
Video Highlights:

Webinar this Wednesday!

Order Flow – Keeping it Simple, Practical & Effective

Wednesday May 11, 2016 1:00 PM PDT :

Register here Space is Limited

Join us for a 60 -minute webinar this Wednesday May 11th at 3:00 P.M., Central Time.

In this free webinar , Peter Davies of Jigsaw Trading, takes a look at why you might want to use Order Flow in your trading. He introduces simple, yet effective methods you can use to improve your trading edge.

The following topics will be discussed:

– The “Levels Dilemma”, a look at common problems of trading pre-determined levels (and yes, you still have to do your homework). How you can be right about the level but still miss the trade or get stopped out.

– The trade-off between catching shortfalls at a level and taking on more risk. How order flow traders address this.

– Review the software, plug in, different functions of the software and tools

– The conceptual events Order Flow Traders are using to confirm trades. The theory.

– More is not always better. The benefits of sticking to the basics with Order Flow and the pitfalls of making a science of it.

– Simple, practical and effective elements of Order Flow that Peter Davies uses in his own trading

**Free demo will be available.

Space is Limited Register here 

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 June 2016 SP500 Nasdaq100 Dow Jones Mini Russell Dollar Index
Resistance 3 2071.75 4394.50 17849 1134.97 94.69
Resistance 2 2065.75 4375.50 17788 1128.53 94.44
Resistance 1 2060.25 4356.00 17717 1122.07 94.29
Pivot 2054.25 4337.00 17656 1115.63 94.05
Support 1 2048.75 4317.50 17585 1109.17 93.90
Support 2 2042.75 4298.50 17524 1102.73 93.65
Support 3 2037.25 4279.00 17453 1096.27 93.50
Contract June Gold July Silver June Crude Oil June Bonds June   Euro
Resistance 3 1307.4 17.90 47.83 166 18/32 1.1465
Resistance 2 1298.5 17.70 46.88 166 4/32 1.1449
Resistance 1 1281.5 17.36 45.16 165 27/32 1.1420
Pivot 1272.6 17.16 44.21 165 13/32 1.1404
Support 1 1255.6 16.81 42.49 165 4/32 1.1375
Support 2 1246.7 16.61 41.54 164 22/32 1.1359
Support 3 1229.7 16.27 39.82 164 13/32 1.1330
Contract July Corn July Wheat July Beans July SoyMeal June Nat Gas
Resistance 3 385.9 474.7 1053.17 354.67 2.17
Resistance 2 382.3 470.3 1044.83 350.03 2.15
Resistance 1 375.7 463.4 1035.67 344.87 2.13
Pivot 372.1 459.1 1027.33 340.23 2.10
Support 1 365.4 452.2 1018.2 335.1 2.1
Support 2 361.8 447.8 1009.83 330.43 2.06
Support 3 355.2 440.9 1000.67 325.27 2.03

Economic Reports

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

All times are Eastern time Zone (EST)

Date 4:03pm Currency Impact Detail Actual Forecast Previous Graph
TueMay 10 2:00am EUR German Industrial Production m/m -0.2% -0.5%
EUR German Trade Balance 20.4B 19.8B
2:45am EUR French Gov Budget Balance -25.6B
EUR French Industrial Production m/m 0.6% -1.0%
3:15am USD FOMC Member Dudley Speaks
4:00am EUR Italian Industrial Production m/m 0.3% -0.6%
4:30am GBP Goods Trade Balance -11.2B -12.0B
6:00am USD NFIB Small Business Index 93.2 92.6
10:00am USD JOLTS Job Openings 5.55M 5.45M
USD Wholesale Inventories m/m 0.2% -0.5%

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.

Tags: > > Posted in: Future Trading News   | Trading Webinar  

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