Order Flow, Buy & Sell Zones, & Support and Resistance Levels 9.24.2021

Dear Traders,

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Yesterday we hosted a very interesting webinar with Bookmap about order flow, buy and sell zones, liquidity of large orders and MUCH MORE.

On a personal level I really enjoyed the information as I am the type of guy who has been looking at indicators/ volume charts, range bar charts and probably many of the things that many of futures traders are used to. The data and information shared yesterday during live market hours with forward thinking analysis was very interesting to me and I will do more homework on the topic.

If you did not attend the webinar and would like to see a recording, CLICK 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 when it comes to Futures Trading.

 

Futures Trading Levels

9-24-2021

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Economic Reports, source: 

 www.BetterTrader.co

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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 as well as options on futures.

Support & Resistance Levels 5.24.2018.. #ZW_F #ES_F #NQ_F #RTY_F #SI_F #GC_F #CL_F

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Dear Traders,

Memorial Day 2018 Holiday Schedule for CME / Globex and ICE Exchange
 
Memorial Day 2018 Holiday Schedule for CME / Globex and ICE Exchanges

Continue reading “Support & Resistance Levels 5.24.2018.. #ZW_F #ES_F #NQ_F #RTY_F #SI_F #GC_F #CL_F”

Which Market Should I (day) Trade? + Support & Resistance Levels 5.21.2018.. #ZW_F #ES_F #NQ_F #RTY_F #SI_F #GC_F #CL_F

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

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Dear Traders,
Which Market Should I be (day) Trading?
1. Know and follow more than one market. I think one should have familiarity and follow about 5 different markets ( or more depending account size and time) in general.
2. Understand what type of market conditions you trade better in? Volatile? “dead”, choppy or perhaps trending?
3. Have a view of these markets from longer term outlook and behavior.
4. Trade the markets that fit your strengths.
 
Example: If I am following gold, crude, bonds, mini nasdaq and mini SP for educational purposes….If I know that I trade better in markets that have larger intraday swings and volatility than lets say trending markets or “quiet markets” I would be focusing on the mini NASDAQ as my primary market now days as it is the one fitting my profile the best.
 
If “choppy” markets suits my trading style better, I would probably look at gold as of recently.
 
This will change as markets go through different cycles, from lower volatility to higher volatility. Trending to choppy etc. 
 
Etc. etc. etc. 

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

Continue reading “Which Market Should I (day) Trade? + Support & Resistance Levels 5.21.2018.. #ZW_F #ES_F #NQ_F #RTY_F #SI_F #GC_F #CL_F”

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!

Continue reading “Top 3 Factors in Making a Good Trader + Trading Levels 5/18/18”

Gold Outlook + Trading Levels 5.17.2018

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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?

Continue reading “Gold Outlook + Trading Levels 5.17.2018”

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.

Continue reading “Energy Futures Outlook 5/15/2018”

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

Continue reading “Grain Futures Outlook 5.11.2018”

Trade Systems Results 5.09.2018

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

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Dear Traders,
The Iran nuclear agreement “event” caused quite a bit of intraday volatility in the markets, mostly in crude oil and related energies but also in equities and gold.
As a trader, you must know which reports, events are scheduled and the possible effects they may have on the markets you trade.
keeping a trade journal WILL help.
On a different note:
Browse and view ACTUAL trading results from different trading systems offered at Cannon Trading Co, Inc.
If you like to set up a time and chat/ evaluate any system with a licensed series 3 broker, please contact us.

Continue reading “Trade Systems Results 5.09.2018”

List of First Notice and Last Trading Days for May 5.08.2018

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

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Dear Traders,
Heads up with upcoming first notice and last trading days for various commodities below. Please contact us with any questions:
 
First Notice Day
Contract Month
Contract
1-May
May
ICE Sugar
1-May
May
Orange Juice
1-May
May
London Coffee
30-May
June
Long Gilt (Liffe)
31-May
June
2-Yr. & 5-Yr. Notes
31-May
June
10-Yr. Notes & 30-Yr. Bonds
31-May
June
COMEX & ICE Metals
Last Trading Day
Contract Month
Contract
1-May-18
April
Milk III & Butter
8-May-18
May
Cotton
10-May-18
May
Orange Juice
14-May-18
May
CME Eurodollar
14-May-18
May
Wheat (CBOT, KC, MN)
14-May-18
May
CBOT Corn & Oats
14-May-18
May
Lean Hogs
14-May-18
May
CBOT Soybeans
14-May-18
May
CBOT Soybean Meal & Oil
14-May-18
May
CBOT Rice
14-May-18
May
Canola
15-May-18
May
ICE Cocoa
15-May-18
May
Lumber
15-May-18
May
London Cocoa
18-May-18
May
ICE Coffee
22-May-18
June
NYMEX Crude Oil
24-May-18
May
Feeder Cattle
29-May-18
May
COMEX & ICE Metals
29-May-18
June
NYMEX Natural Gas
29-May-18
June
Live Cattle
30-May-18
May
Milk III & Butter
31-May-18
May
30-Day Fed Funds
31-May-18
June
NYMEX RBOB & Heating Oil
31-May-18
July
ICE Brent Crude Oil
31-May-18
May
London Coffee

Continue reading “List of First Notice and Last Trading Days for May 5.08.2018”