Trading Levels and Reports for September 5, 2012

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday September 5, 2012

 

Hello Traders,

The ADX: A complete Day Trading Setup

Join us for a Webinar on September 5

Space is limited.
Reserve your Webinar seat now at:
https://www2.gotomeeting.com/register/354966882

The ADX:  A complete Day Trading Setup FREE webinar Wednesday, Sept. 5th 3:30 PM Central

Join Greg Weitzman, president and founder of TheTradingZone, as he walks you through this complete day trading setup using the ADX indicator. Greg will be offering a few special offers throughout the Webinar for those in attendance, so don’t miss out!

Here are some ways Greg uses and teaches members how to utilize the ADX Indicator as part of their trading method.

* Locate trade entries
* Exit and Manage trades
* Avoid Fake moves

This is a trading approach that you can incorporate in your own trading almost immediately.

This is a free 60-90 minute webinar is hosted by Cannon Trading.

As a bonus, all attendees will also get

1. a 30 day demo account from Cannon Trading with our live, advanced charting package that Greg will be using during the webinar
2. a 7 day pass to the Live Trading Room

SEATS ARE LIMITED, SO DON’T MISS THIS SPECIAL FREE WEBINAR!

Risk: 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.
Title:    The ADX: A complete Day Trading Setup
Date:    Wednesday, September 5, 2012
Time:    1:30 PM – 2:30 PM PDT
After registering you will receive a confirmation email containing information about joining the Webinar.
System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server

Macintosh®-based attendees
Required: Mac OS® X 10.5 or newer
Mobile attendees
Required: iPhone®/iPad®/Android™ smartphone or tablet

 

Also please like us on Facebook!!

Wednesday Morning Support and Resistance Numbers

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (September) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond Sep ’12 10-Year US Note Sep ’12
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

1424.751418

 

1413.5

 

1403.25

 

1395.25

 

1387

28232802.5

 

2795

 

2778

 

2768

 

2750.5

1330813215

 

13194

 

13063

 

13011

 

12945

826.8821.40

 

817.2

 

810.3

 

806.6

 

800.70

1501515004

 

14930

 

14909

 

14821

 

14803

1330013228

 

13226

 

13216.5

 

13208.5

 

13201.5

Continue reading “Wednesday Morning Support and Resistance Numbers”

Trading Levels and Reports for August 29, 2012

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday August 29, 2012

 

Hello Traders,

 Each trading day I hold a live educational day trading webinar during the first 2 hours of trading.   Here at Cannon Trading I am Vice President and President / AP of LEVEX Capital Management Inc., a registered commodity trading advisor.

Here I share:

  • Share my approach to day trading futures and
  • Explain my day trading strategies that can be applied to futures markets such as the E Mini S&P 500, crude oil futures, euro currency, and others.
  • Review some of the technical indicators you see on the charts
  • Detail my day trading money management philosophy

To sign up for my day trading webinar please sign up for a two week free trial: https://www.cannontrading.com/tools/intraday-futures-trading-signals

Also please like us on Facebook!!

Tuesday 08-28-12 Morning Support and Resistance Numbers

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (September) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond Sep ’12 10-Year US Note Sep ’12
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

1424.751418

 

1413.5

 

1403.25

 

1395.25

 

1387

28232802.5

 

2795

 

2778

 

2768

 

2750.5

1330813215

 

13194

 

13077

 

13011

 

12945

826.8816.8

 

813.8

 

805.9

 

803.00

 

800.70

1500614930

 

14909

 

14807

 

14721

 

14706

13429.513407

 

13330.5

 

13316

 

13308.5

 

13227

Continue reading “Tuesday 08-28-12 Morning Support and Resistance Numbers”

Trading Levels and Reports for August 28th 2012

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Tuesday August 28, 2012

 

Hello Traders,

Adding Options as a Weapon in Your Trading Arsenal
Join us for a Webinar on August 28th 3:00 PM Central

Space is limited.
Reserve your Webinar seat now at:
https://www2.gotomeeting.com/register/348221978

Join us for a FREE WEBINAR Aug. 28th at 3:00 PM Central Time.

Options on futures can be used in many different ways and as a trader you need to be aware of all the tools you can use!
Join John Thorpe, Senior Broker with Cannon Trading Co, Inc. as he walks you through Options 101 and explains the basics of options and different ways traders can utilize options in their trading along with current options trading recommendations.

 

This Webinar is intended for Traders with no options experience to the beginning student of options on futures, this Webinar is intended to be the first in a series of periodic Webinars ending with Advanced Option Strategies. This Webinar will cover:
* Difference between Futures and Futures Options
* Option as an Insurance product
* Two components that make up the value of an option.
               a. Time Value
               b. Intrinsic value
* Buying Options
*Selling Options
* Current Options recommendations
SEATS ARE LIMITED, SO DON’T MISS THIS SPECIAL FREE WEBINAR!

 

Risk: 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.

 

Title:Adding Options as a weapon in your trading arsenal
Date: Tuesday, August 28, 2012
Time: 1:00 PM – 1:30 AM PDT

 

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

 

System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server

 

Macintosh®-based attendees
Required: Mac OS® X 10.5 or newer
Mobile attendees
Required: iPhone®/iPad®/Android™ smartphone or tablet

Also please like us on Facebook!!

Monday Morning Support and Resistance Numbers

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (September) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond Sep ’12 10-Year US Note Sep ’12
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

1424.751418

 

1413.5

 

1408

 

1403.25

 

1395.25

28232802.5

 

2795

 

2784.5

 

2778.5

 

2768

1330813215

 

13194

 

13119

 

13077

 

13011

826.8816.8

 

813.8

 

809.2

 

806.00

 

800.70

1500614930

 

14904

 

14804

 

14719

 

14704

1340713330.5

 

13326.5

 

13316

 

13308.5

 

13227

Continue reading “Monday Morning Support and Resistance Numbers”

Friday Morning Support and Resistance Numbers

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (September) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond Sep ’12 10-Year US Note Sep ’12
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

1413.51406.5

 

1402.75

 

1396

 

1387

 

1378.25

27842772.5

 

2766

 

2752

 

2725

 

2701

1319413124

 

13085

 

13014

 

12979

 

12945

817.1811.2

 

807.8

 

803

 

801.00

 

793.00

1500614930

 

14907

 

14804

 

14719

 

14704

1340713401.5

 

13326.5

 

13316

 

13308.5

 

13227

Continue reading “Friday Morning Support and Resistance Numbers”

Trading Levels and Reports for 8-24-2012

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Friday August 24, 2012

 

Hello Traders,

Couple of days ago I shared with you my daily mini SP chart with a possible sell signal I had. That specific signal along with the one below for the mini Russell got a confirmation in my opinion with price action breaking below immediate support.

For the mini Russell 2000 to make a meaningful correction, perhaps 787, I would like to see price action breaking below 801 .

 

Daily chart of the mini Russell 2000 for your review below. If you would like to have a second opinion on different markets, trading methods and more, feel free to

 

 

mini russell 2000

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Trading Levels and Reports for 8-23-2012

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday August 23, 2012

 

Hello Traders,

From my colleague Dave Register at ExitPoints.com 

 

Why most futures traders lose money
1.Overtrading or underfunding your account
2.Chasing performance
3.Using an over optimized system
4.Failure to Always use Stop loss orders
5.Commissions too high
6.Large slippage in illiquid markets
7.Emotional Trading
Risk Control for Day Trading
1.Diversifymarkets you trade
2.USE Stop loss orders
3.USE limit orders for Objective profits
4.Exit at the end of the day

 

Also please like us on Facebook!!