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Futures Trading Levels and Economic Reports for April 26, 2013

Posted on by Ilan

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

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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 Friday April 26, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Hello Clients and friends,

 

Please take a moment to log in to your google account and then visit our page:

 

https://www.cannontrading.com/services/self-directed-online-futures-traders

 

Scroll down and to the right you will see the following:

719

 

As long as you are logged in to your gmail account you should be able to click on the +1, if you appreciate the information we provide and would like to leave a reviewthat will be appreciated!!!

 

 

 

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

Futures Trading Levels and Economic Reports for April 17, 2013

Posted on by Ilan

 

Jump to a section in this post:

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 Wednesday April 18, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Where do I look and when do I pay attention?

By: Justin Smith, Cannon Trading Commodities Broker

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Every trader has done it. You’ve done it, your friends have done it, even your broker has done it at one point early in their career.

Here’s the scenario:

You’ve finally finished your futures education at Cannon Trading Company. You’ve done you’re homework on stops, limits, indicators and price movements for the market you’re trading. You’re ready to go, you enter your limit order and you wait.

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**DING**

You get filled. Your heart rate picks up, a wry smile crosses your face and you begin to imagine the possibilities of the one trade you’re in: How much can I make? How much can I lose before it’s too much? You’ve waited through months of technical trading and deep meditation to get here, and now it’s finally paying off with one of your first trades in the live market. Sayonara paper trading; aloha live futures.

Then, all of a sudden…...continue reading

 

Futures Trading Levels and Economic Reports for April 12, 2013

Posted on by Ilan

 

Jump to a section in this post:

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 Friday April 12, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Not much to write today but two excellent articles about trading which you can read at:

https://www.cannontrading.com/community/man-vs-markets-futures-trading-blog

Futures Trading Levels and Economic Reports for April 10, 2013

Posted on by Ilan

 

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 April 10, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

This is the third time that SP futures touched against that 1568-1569 level. We backed down a few points before the close but I think it is important to see how we open tomorrow morning. If we can climb above 1570 then in my opinion we have good chances of visiting 1587 in the next few days or so. On the flip side, failure to do so for the third time can result in a much more meaningful sell off.

 

Daily chart of the mini SP 500 futures for your review below:

 

daily mini sp 500 chart

 

Continue reading “Futures Trading Levels and Economic Reports for April 10, 2013”

Trading Levels and Economic Reports for March 28, 2013

Posted on by Ilan

 

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 March 28, 2013

 

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

Globex® / ICE Good FridayHolidaySchedule

(dates and times are subject to change)

The following link will take you to the Globex Good Friday Holiday Schedule, including for CME & CBOT equity products, interest rate & FX products, NYMEX & COMEX products, CBOT, KCBT, grain & agricultural products and others (PDF file):

 

http://www.cmegroup.com/tools-information/holiday-calendar/files/2013-good-friday.pdf

 

The following link will take you to the ICE Good Friday Holiday Schedule, including for the Dollar Index, Russell Indexes, CRB Index, as well as others (PDF file):

 

https://www.theice.com/marketdata/Calendar.shtml?calendars=Holiday&expirationEnabled=false&calendars=SpecialTradingHours

 

Continue reading “Trading Levels and Economic Reports for March 28, 2013”

Good Friday Futures Trading Schedule

Posted on by Ilan

Globex® / ICE Good FridayHolidaySchedule

(dates and times are subject to change)

The following link will take you to the Globex Good Friday Holiday Schedule, including for CME & CBOT equity products, interest rate & FX products, NYMEX & COMEX products, CBOT, KCBT, grain & agricultural products and others (PDF file):

 

http://www.cmegroup.com/tools-information/holiday-calendar/files/2013-good-friday.pdf

 

The following link will take you to the ICE Good Friday Holiday Schedule, including for the Dollar Index, Russell Indexes, CRB Index, as well as others (PDF file):

 

https://www.theice.com/marketdata/Calendar.shtml?calendars=Holiday&expirationEnabled=false&calendars=SpecialTradingHours

 

CME & CBOT Equity Products:

 

  • Thursday, March 28: 4:15 Central Time – Regular close

 

  • Friday, March 29: CME Globex is closed

 

  • Sunday, March 31: 5:00 Central Time – Regular open for trade date Monday, April 1

 

CME & CBOT Interest Rate & FX Products:

 

  • Thursday, March 28: 4:00 Central Time – Regular close

 

  • Friday, March 29: CME Globex is closed

 

  • Sunday, March 31: 5:00 Central Time – Regular open for trade date Monday, April 1

 

 NYMEX & COMEX® Products:

 

  • Thursday, March 28: 4:15 Central Time / 5:15 Eastern Time – Regular close

 

  • Friday, March 29: CME Globex is closed

 

  • Sunday, March 31: 5:00 Central Time / 6:00 Eastern Time – Regular open for trade date Monday, April 1

 

Continue reading “Good Friday Futures Trading Schedule”

Futures Trading Levels, Types of Trading Days

Posted on by Ilan

Cannon Trading / E-Futures.com

The following is taken from a guide I have written that helps subscribers to my daily chart service. You can have a 2 week free trial to the daily live charts service along with buy/sell triggers and get the full guide along with chart examples, rules and much more by signing up at:

Cannon Trading Inc. Day Trading Webinar

General Notes:
At any given day, one must understand the trading environment that specific day has to offer and adjust their trading style accordingly. In our case it relates more to the size of stops and target based on volatility. Some days the market gives us many opportunities; some not as much; and some days it provides us with mostly risks…….take what the market gives you and not what you want it to give…..

I think if a trader understands early enough what type of trading day it is, he or she can choose which tools from the webinar are most suited for that days trading. If one can do that successfully (which is not easy), I think that is half the battle.

Not taking a trade is better than a bad trade.

My opinion is that there are 3 main types of trading days.

  1. Most common is two sided trading action with swings up and down – this type of trading day is most suitable for the main aspect of this model, which is taking trades based on the arrows.
  2. Strong trending day, mostly one directional – this type of trading day is the least common, many times this will happen on Mondays and maybe 3-5 times a month at most – this type of trading day is most suitable for using the color scheme I have on the charts. Green bars mean strong up trend, red bars mean strong down trend. If you determined that this is a trend day, then use pull backs to enter with the direction of trend and use the parabolic (little dashes) as you trailing stop.
  3. Slow and/ or choppy trading day – this type of trading day is best suited for taking small profits from the market by either using the main model or taking the diamonds as entry signal, and going for quick profits and tight stops.

Continue reading “Futures Trading Levels, Types of Trading Days”

Futures Trading Levels Feb 28th and Crude Oil Futures Chart

Posted on by Ilan

Cannon Trading / E-Futures.com

Wishing you all a great weekend. Amazing how fast short February went by and Monday will be the last trading day of the month.

I expect the higher volatility we have seen over the last few days to stay with us for a while….so as mentioned before be aware of it, adjust your trading parameters accordingly and stay disciplined!

Below you will see a screen shot from the crude oil futures chart I share intraday. We also execute this crude day-trading system in-house as an “auto traded ” trading system with letter of direction.

The day-trading system is up slightly more than $1,000 NET per contract traded since we launched live trading on Jan. 28th 2011.*
*These are risky markets and only risk capital should be used.

Past performances are not necessarily indicative of future results.
If you are interested in more information, would like to see detailed LIVE results, please send me an email or speak with your broker.

Daily E-Mini S&P 500 Futures Trading Chart

Stock futures trading chart levels Continue reading “Futures Trading Levels Feb 28th and Crude Oil Futures Chart”

Futures Trading Levels and Economic Reports for February 11, 2011

Posted on by Ilan

I like the way tomorow’s date looks like …2-11-11 so decided to share a MONTHLY chart of the SP 500 index, more for “fun”, “change” than anything specific…

SP-500-Day-Trading-2011-02-11.png Continue reading “Futures Trading Levels and Economic Reports for February 11, 2011”

Futures Trading Levels and Economic Reports for February 10, 2011

Posted on by Ilan

Good article to read on our weekly newsletter:

https://www.cannontrading.com/community/newsletter/ Continue reading “Futures Trading Levels and Economic Reports for February 10, 2011”

RISK DISCLOSURE: Past results are not necessarily indicative of future results. The risk of loss in futures trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.