Futures Trading Levels and Economic Reports for January 19, 2011

Below is a screen shot from the daily service I hold, called NAZLAN live charts or as some know it, daily webinar.

I think the term live charts is a better description for the service being offered, which you can have a free trial to until Jan. 28th, EVEN if you have had one before.

Sign up at: https://www.cannontrading.com/tools/intraday-futures-trading-signals

Every day around 8:30 AM central, I send an invite code where one can log in and view my live screen that includes 3 charts. Mini SP500, euro currency futures and crude oil futures. The charts include a few set ups that I like to use for intra-day trading along with some notes and general observations of the market for that day.

The corner stone of the charts is the “DIAMOND algorithm” I developed over the last couple of years, which I explain in details during the sessions and that I personally found as one leading indicator that gives me confidence to take certain day-trading set ups. The screen shot from todays webinar may provide a visual for what I just wrote above….

Upper left corner is small image of Euro currency chart, lower left is of the Crude oil and large right is of the mini SP 500. Actual size during the live service is much larger…..

SP-500-Day-Trading-2011-01-19

After the free trail, if you decide to subscribe, the cost of the service for CANNON trading clients is $119 per month and for non CANNON trading clients, the cost is $299 per month.

*** 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.

In no event should the content of this newsletter be construed as an express or implied promise, guarantee or implication by or from, Cannon Trading or it’s affiliates, that you will profit or that losses can or will be limited in any manner whatsoever. Continue reading “Futures Trading Levels and Economic Reports for January 19, 2011”

Futures Trading Levels and Economic Reports for January 12, 2011

Market is still locked in a range….so far in 2011, the March SP500 been trading between 1255 and 1277….My feeling is that by Thursday we should break out one way or the other as the market awaits some economic reports and earnings are being released.

In between, you are welcome to check out our “Live Charts” service which I run daily.

Subscribers get a daily invitation to view my charts ( sample from todays session below). I share my charts, notes, set ups, trade philosophy and more for the mini SP, crude oil and Euro currency markets. For 2 week free trial (no repeat trials), please visit:

https://www.cannontrading.com/tools/intraday-futures-trading-signals

SP-500-Day-Trading-2011-01-12

There is a substantial risk of loss in trading commodity futures, options and off-exchange foreign currency products.
Past performance is not indicative of future results. Continue reading “Futures Trading Levels and Economic Reports for January 12, 2011”

Futures Trading Levels and Economic Reports for January 11, 2010

Interesting DATE tomorrow…1-11-11

Other than that I don’t have much to share, market is still waiting for either another leg up or correction to the downside.

I am looking at 1255 to 1273 as the band and think that an hourly close above or below can trigger the next move.

Plan your trade, trade your plan!

Mini SP hourly chart for your review below:

SP-500-Day-Trading-2011-01-10

Continue reading “Futures Trading Levels and Economic Reports for January 11, 2010”

Futures Trading Levels and Tips for January 10, 2011

Trading is SO MUCH MENTAL once you have a concept you believe in, have confidence in. After that there is a lot of psychological work….

Some examples:

  1. Ability to take losses and know not every trade will be a winner and not every day will be a winning day

  2. Ability to stay patient and NOT feel that if you are NOT trading, you are NOT doing your job….

  3. The confidence to stay in winning trades and the discipline to get out of losing trades

  4. Allowing trades some time to work

  5. Not getting down on yourself for “could have should have etc”

  6. Being a hard worker and keeping a journal after certain trading days. Being  a hard worker in putting time and effort learning new approaches, set ups before deciding if its worthy or not. I WILL SAVE THIS LITTLE LIST AND ADD TO IT AS DAYS PROGRESS. Continue reading “Futures Trading Levels and Tips for January 10, 2011”

Futures Trading Levels and Economic Reports for January 6th 2011

Market feels bit heavy right now but then again it felt heavy more than a few times over past few weeks only to find some more legs and go higher….so either way you plan on trading this market, make it exactly that….have a plan and then trade your plan.

I wish all of you a great 2011 in trading and all aspects of life! Continue reading “Futures Trading Levels and Economic Reports for January 6th 2011”