Tag: Futures Trading Brokers

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5. Economic Report for Monday April 16, 2012

Hello Traders

Tuesday morning right on the open we will host Thomas DeLello, Founder and Head Trader at Order Flow Edge for a webinar – Order Flow Edge and understanding supply and demand

Watch a Seasoned Market Veteran TRADE LIVE Using Order Flow Analysis

Join us for a Webinar on April 17

Space is limited. Reserve your Webinar seat now at:

Cannon Trading is hosting Thomas DeLello, Founder and Head Trader at Order Flow Edge for a webinar – Order Flow Edge and understanding supply and demand

Also monthly global outlook for April-May is now available at:

Wishing all of you a great weekend! Continue reading “Earnings Season Financial Markets | Support and Resistance Levels”

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

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

Continue reading “Friday Morning Support and Resistance”

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5. Economic Report for Thursday April 13, 2012

Hello Traders

Only one tip to share with you today….if you having a bad day as a daytrader, make sure it does NOT “kill” you and that you are disciplined enough to limit your losses. This way you still have risk capital in the account to be there for the good days. However, one mistake I keep seeing from traders ( mostly new traders ) is the inability to TAKE losses. Especially on a day like today where stock index kept going up, I saw too many traders try to counter trend ( which is a type of daytrading approach) but I did not see the risk mechanism in their trades, i.e “how much am I willing to risk”? That can end up being a day where one can lose 70% + of your account value and then you are left with no ammunition for the following trading day.

NO ONE HAS 100% winning record. You will have losing days, it is part of the game. Learn to control your losing days and you will have better chances of surviving and being there for better trading days.

Continue reading “Coping With Losses As A Futures Day Trader | Support and Resistance Levels”

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

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

Continue reading “Thursday Morning Support and Resistance”

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5. Economic Report for Wednesday April 11, 2012

Hello Traders

Daily chart of the mini SP 500 below for your review along with potential support and resistance levels. Today was the first day in a while where we saw high volume and meaningful decline in price., Continue reading “Mini SP Chart High Volume Day | Support and Resistance Numbers”

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

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

Continue reading “Tuesday Morning Support and Resistance Numbers”

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5. Economic Report for Tuesday April 10, 2012

Hello Traders,

Hope everyone enjoyed a nice long weekend and are ready for trading the rest of the week.

Today was still “semi holiday mode” as Europe was closed and volume was much lighter than normal.

I am guessing that we should see higher volatility tomorrow as higher volume returns to the market.

I have been running some statistical analysis and found out that Tuesday has best chances for up move for stock indices as well as an up move on grains and Euro currency…..

Obviously, statistics are just that and I would not use the ” day of the week” as my only criteria to enter a trade but I thought I would share this with you….  Continue reading “Tuesdays Weekly Stock Indices Movements | Support and Resistance Levels”

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

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

Continue reading “Monday Morning Support and Resistance Numbers”

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for April 5, 2012

Hello Traders,

Our weekly newsletter with trading schedule for this coming Friday ( only some markets are open Thursday night and by 8:15 AM central time Friday morning, all markets will be closed until Sunday evening SO MAKE SURE YOU VIEW THE MODIFIED TRADING SCHEDULE and contact your broker with any questions)

Also two videos you can view from our weekly newsletter on using trailing stops and oversold/ overbought indicators. https://www.cannontrading.com/community/newsletter/holiday-trading-schedule-advanced-charting-package

2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000

Continue reading “Trading Hours | Support and Resistance Levels”

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

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

Continue reading “Thursday Morning Support and Resistance Numbers”