Support & Resistance Levels Daily Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.


Top 3 Factors in Making a Good Trader + Trading Levels 5/18/18

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

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Dear Traders,
Not a busy Friday morning ahead with reports but more than a few fed Speakers schedules to speak tomorrow which can move the markets.
#CL_F Crude oil has traded more volume than the mini SP for the last few days!! heads up.
Keys to Successful Trading:
My colleagues and I were discussing trading methods, techniques and more today in the office. Each of us had an idea as to why such a small percent of traders “makes it ” in the trading business….
I decided to reach out to you and ask you: What do you think are the TOP 3 factors that separates the “men from the boys” in the field of trading?
Feel free to share if you were “able to turn around your trading”, still trying, surviving etc.
To make it easy, simply just hit reply and share your thoughts. We will tabulate and try to analyze the data in hopes of sharing some good insights with all of you.
Thank you in advance!

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Tags: > > Posted in: Future Trading News  

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Gold Outlook + Trading Levels 5.17.2018

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

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Dear Traders,
Gold: At the Crossroads of Fiscal and Monetary Policies
Twice this year implied volatility in gold options spiked from 9% to around 13.5%. Proportionally, that represents a 50% rise and seems like a big move, at least by the standards of recent history. What is more remarkable, however, is how calm the gold market has generally been. For the past two years, implied volatility on gold options have been near the lowest levels in recent memory and are a far cry from the 17% average levels that prevailed in 2015 and 2016, much less the spikes above 30% in 2011 and 2013 (Figure 1). So why has the gold market been so placid and what will likely drive volatility?

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Tags: > > Posted in: Future Trading News   | Metal Futures  

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Energy Futures Outlook 5/15/2018

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

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Dear Traders,
Oil Market Dynamics in Play: What to Watch in Coming Weeks
By Blu Putnam, Chief Economist, CME Group
Oil: Will Mideast Risk Premium Rise Before Driving Season?
Highlights
  • U.S. shale oil production can respond faster to price changes
  • Ramp-up in U.S. production could be tempered by drilling challenges
  • U.S. oil exports have changed the dynamics of Brent-WTI price spread
 Unleaded Gasoline Daily Chart for your review below:
Unleaded Gasoline Daily Chart 

If you like to set up a time and chat with a licensed series 3 broker, pleasecontact us.

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Tags: > > > > Posted in: Energy Futures   | Future Trading News  

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Grain Futures Outlook 5.11.2018

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

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Dear Traders,

If you are trading grains and grain futures, the following link will provide you with some good insight into the near future of grain prices following today’s report:

https://www.dtnpf.com/agriculture/web/ag/news/article/2018/05/10/new-crop-corn-soybean-forecasts 

 Daily chart of Soybeans futures #ZS_F below: Daily chart of Soybeans futures #ZS_F

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Tags: > > > Posted in: Future Trading News  

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BOE Rate Decision Tomorrow #6B_F 5.10.2018

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

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Dear Traders,
Thursday / May 10th / 07:00 EST / 11:00 GMT
BOE Interest Rate Decision:
Hawkish hold in the cards?
The Market Focus
No change in policy is expected. The recent run of disappointing economic data has forced the market to push out the next rate hike expectation until Q3. This has also substantially decreased the likelihood of further rises through the remainder of 2018. Nevertheless, analysts believe that the BOE is likely to signal that holding the policy rate steady in May would only be a delay in its gradual normalization scheme.
Only a few weeks ago a May rate hike seemed like a done deal but appears unlikely now. OIS now suggest the odds of a rate hike at 10% (down from 85% a month ago).
What the News Desk Says
In lieu of dovish comments and disappointing economic indicators, analysts believe a rate hike will be postponed until the August meeting.
If you like to set up a time and chat with a licensed series 3 broker, please contact us.

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Tags: > Posted in: Future Trading News  

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