Try our trading signals, Levels & Economic Reports for 10.12.2017

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Dear Traders,

Below you will see signals for crude oil from today’s session. Red square suggest major turning point going lower, red diamond, minor turning point and vise versa with the green circles.

If you like to try the same signals along with a 23 page PDF explaining more on the method, sign up for the free trial here.

Crude Oil Futures Chart

Continue reading “Try our trading signals, Levels & Economic Reports for 10.12.2017”

Try our advanced FREE trading software Levels & Economic Reports for 10.11.2017

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

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Dear Traders,

* The Dow Jones has rallied over 4,000 points since the U.S. elections. This will not continue forever. Consider allocating some gains into alternative investments like trading systems shared below offered by Cannon Trading, a 29 year veteran.

TRADE SMART / BASE TRADING ON ACTUALS ONLY — for the current rankings as well as actual performance of trading systems traded at Cannon, click here.

Cannon Trading Company Inc. is registered with the CFTC and a member of the NFA.

** Updates to E-Futures Int’l: Our FREE trading platform now offers theoretical values ( delta, gamma, theta) on option chains!

Add this to margin calculator, news, server side advanced orders and MUCH more to make this the BEST free trading platforms in our opinion!

Try it for FREE if you have not done so yet.

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.

Futures Trading Levels

10-11-2017

Contract December 2017  SP500 Nasdaq100 Dow Jones Mini Russell BitCoin Index
Resistance 3 2561.17 6110.50 22826 1531.53 5408.32
Resistance 2 2555.83 6097.25 22789 1524.77 5137.18
Resistance 1 2549.92 6081.25 22751 1516.33 4957.44
Pivot 2544.58 6068.00 22714 1509.57 4686.30
Support 1 2538.67 6052.00 22676 1501.13 4506.56
Support 2 2533.33 6038.75 22639 1494.37 4235.42
Support 3 2527.42 6022.75 22601 1485.93 4055.68
Contract December Gold Dec. Silver Nov. Crude Oil Dec.  Bonds Dec.  Euro
Resistance 3 1301.1 17.35 50.49 152 25/32 1.1846
Resistance 2 1294.5 17.19 50.14 152 18/32 1.1823
Resistance 1 1290.8 17.09 49.83 152 11/32 1.1808
Pivot 1284.2 16.93 49.48 152  4/32 1.1785
Support 1 1280.5 16.82 49.17 151 29/32 1.1771
Support 2 1273.9 16.66 48.82 151 22/32 1.1748
Support 3 1270.2 16.56 48.51 151 15/32 1.1733
Contract Dec.  Corn Dec. Wheat November Beans Dec. SoyMeal Nov. Nat Gas
Resistance 3 352.3 445.8 983.75 324.27 2.93
Resistance 2 351.2 443.7 979.75 322.43 2.91
Resistance 1 350.3 439.8 973.25 318.97 2.87
Pivot 349.2 437.7 969.25 317.13 2.85
Support 1 348.3 433.8 962.8 313.7 2.8
Support 2 347.2 431.7 958.75 311.83 2.79
Support 3 346.3 427.8 952.25 308.37 2.75

Economic Reports, source: 

http://app.bettertrader.co

Economic Reports - Wednesday, October 11th

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.

The World Cup Championship of Futures Trading – Trading Levels for Oct 10th

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

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Dear Traders,

World Cup Championship of Futures TradingWorld Cup Championship

Futures and forex trading is not suitable for all investors, and involves risk of loss. Futures are a leverage instrument, and because only a percentage of a contract’s value is required to trade, it is possible to lose more than the amount of money initially deposited for a futures product. CME Group is the trademark of CME Group, Inc. The Globe logo is a trademark of Chicago Mercantile Exchange, Inc. Continue reading “The World Cup Championship of Futures Trading – Trading Levels for Oct 10th”

How to Choose Best Futures Trading Platform? – Trading Levels Oct 6th, 2017

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

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Choosing the Best Futures Trading Platform:

Charts are a trader’s best friend, so good charting is a must when deciding what platform to use. After that it depends on style. If you are a day trader you need the ability to trade with one click, because you are trying to capture quick moves in the market. If you are holding for a period of days this is obviously less important. Everyone should have risk management in their trades, so having a platform that allows you to place stop orders the way you like, (limit, market, trailing, OCO’s) is extremely important. Finally, if you are trading multiple markets, or just watching other markets that effect the one you are trading, having the ability to have multiple charts and DOMs on one screen is nice. Everyone has different style and nuances to trading, so finding what works for you will help make the experience much more enjoyable.

Other factors to consider: Continue reading “How to Choose Best Futures Trading Platform? – Trading Levels Oct 6th, 2017”

Using overbought/oversold indicators to day trade crude oil futures, Trading levels for 10.05.2017

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

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Watch this video recorded a few months back showing one possible technique on how to use overbought/ oversold indicators to trade crude oil futures!

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.

Continue reading “Using overbought/oversold indicators to day trade crude oil futures, Trading levels for 10.05.2017”

Selling Premium, Trading Levels for 10.04.2017

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

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We have gotten some inquiries recently from traders like you, asking if we accept clients who sell option premium.

The answer is yes.

We accommodate premium sellers and in normal market conditions we charge the exchange minimum margins, SPAN. If you are interested in getting more info, please contact us.

Selling options premium is yet another trading strategy in our trading world with advantages and disadvantages and success often comes down to money management in most cases…

We have written a good article about selling options and option spreads, if you are unfamiliar with option strategies, at:

https://www.cannontrading.com/tools/education-futures-options-trading-101

Continue reading “Selling Premium, Trading Levels for 10.04.2017”

Webinar Invite + Levels & Economic Reports for October 3rd 2017

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

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Please register for “Learn to Utilize TAS Market Profile in Your Trading” on Oct 3, 2017 1:00 PM PDT at:

https://attendee.gotowebinar.com/register/3635216724538295298 

Join us for a 60 -minute webinar on Tuesday October 3rd at 3:00 P.M., Central Time.

Steve Dahl of TASMarketProfile will review:

  1. How Market Profile changed the way volume is analyzed daily by institutional traders.
    2. How to identify possible high-probability setups and attractive risk/reward trades.
    3. How to filter through market noise and pinpoint fast-moving breakout moves.

Don’t wait, seats are limited. 

BONUS: Attendees get TAS Fast Track Market Profile Video Course 100% FREE! (a $97 value)

Reserve Your Seat Now!

After registering, you will receive a confirmation email containing information about joining the webinar.

Continue reading “Webinar Invite + Levels & Economic Reports for October 3rd 2017”

Webinar, Trading Championship and Trading Levels for September 29th 2017

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

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Two impressive events you should take 2 minutes to read and explore:

  1. We have a webinar next week, Tuesday which I think is very valuable:  Learn TAS Market Profile & Thrive!
  2. World Cup Trading Championship is about to begin. Show your skills in trading the CME e-minis!
  3. I have added the BitCoin indexsupport and resistance to the blog! Feedback is welcomed.

Webinar Invite + Levels & Economic Reports for September 28th 2017

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

_____________________________________________________________

Please register for “How Market Profile changed the way volume is analyzed daily by institutional traders” on Oct 3, 2017 1:00 PM PDT at:

https://attendee.gotowebinar.com/register/3635216724538295298 

Join us for a 60 -minute webinar on Tuesday October 3rd at 3:00 P.M., Central Time.

Steve Dahl of TASMarketProfile will review:

  1. How Market Profile changed the way volume is analyzed daily by institutional traders.
  2. How to identify high-probability setups and attractive risk/reward trades.
  3. How to filter through market noise and pinpoint fast-moving breakout moves.

Don’t wait, seats are limited. 

BONUS: Attendees get TAS Fast Track Market Profile Video Course 100% FREE! (a $97 value)

Reserve Your Seat Now!

Continue reading “Webinar Invite + Levels & Economic Reports for September 28th 2017”

Futures Trading Levels & Economic Reports for September 27th 2017

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

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Fed Takes Lead in Unwinding Quantitative Easing

  • By Bluford Putnam

The Fed will likely slash its balance sheet by 2023 to 12-1/2 percent of GDP, but will the Bank of Japan follow suit in unwinding its quantitative easing?

Watch video here: 

http://www.cmegroup.com/education/featured-reports/fed-takes-lead-in-unwinding-quantitative-easing.html

Continue reading “Futures Trading Levels & Economic Reports for September 27th 2017”