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Tag: Futures Trading Levels

Trading Levels and Reports for January 3, 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 January 3, 2012

 

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading!
2013 started out with a strong, volatile session across the markets. The strong open on stock indices and lower open on bonds/ ten years left a meaningful gap on the charts.While some of the institutions are still out, much of the volume returned to the markets.Below is a screen shot from mini SP500 daytrading session from today.

 

E mini S&P 2013 daily chart

 

Would you like to have access to my DIAMOND and TOPAZ ALGOs as shown above and be able to apply for any market and any time frame on your own PC ?   You can now have a two weeks free trial where I enable the ALGO along with few studies for your own sierra/ ATcharts.

 

To start your trial, please visit:

 

If so, please send me an email with the following information:

 

1. Are you currently trading futures?

2. Charting software you use?

3. If you use sierra or ATcharts, please let me know the user name so I can enable you

4. Markets you currently trading?

 

New Year 2013 Futures trading Schedule

Posted on by Ilan

Below please find the New Year trading schedule.  All times are listed in Central Time.  Feel free to contact me for any additional info. or clarification.

 

Monday, Dec. 31

 

  • CME Group Equity Products:

 

4:15 P.M. Regular CME Globex close for trade date Monday, Dec 31

 

  • CME Group Interest Rate Products:

 

4:00 P.M. Regular CME Globex close for trade date Monday, Dec 31

 

  • CME Group FX Products:

 

4:00 P.M. Regular CME Globex close for trade date Monday, Dec 31

 

Trading Levels and Reports for December 20, 2012

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 December 20, 2012

 

Hello Traders,

Action today on the SP500 is somewhat bearish to me. Good volume (especially for pre holiday trading), we made fresh high (recent highs) and turned around to close at the lows. To me that shows that there is good selling interest at the 1444 area and possible move down to 1412.

Great resource was just added to our website!
An interactive trading calendar, which includes reports, economic numbers, last trading days, option expiration and much more!
Bookmark this page and use it!

Happy Holidays!

Christmas Holiday Futures Trading Schedule

Posted on by Ilan

Below please find the Christmas trading schedule.  All times are listed in Central Time.  Feel free to contact us for any additional info. or clarification.

 

Monday, Dec. 24

  • CME Group Equity Products:

12:15 P.M. early close

  • CME Group Interest Rate Products:

12:15 P.M. early close

  • CME Group FX Products:

12:15 P.M. early close

  • NYMEX,COMEX Products on CME Globex:

12:30 P.M. early close for all Crude,Heating Oil, RBOB &, Nat Gas contracts

  • CBOT, KCBT, MGEX Grain & Agricultural Products on CME Globex:

12:00 P.M. early CBOT & KCBT close

12:15 P.M. early MGEX close

12:30 P.M. early CBOT Mini – Sized Grain close

Continue reading “Christmas Holiday Futures Trading Schedule”

Trading Levels and Reports for December 19, 2012

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 December 19, 2012

 

Hello Traders,

Great resource was just added to our website!
An interactive trading calendar, which includes reports, economic numbers, last trading days, option expiration and much more!
Bookmark this page and use it!

Happy Holidays!

Trading Levels and Reports for December 18, 2012

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 Tuesday December 18, 2012

 

Hello Traders,

This is the last FULL trading week for 2012. Next week is Christmas and the following week is new year and before we know it, it’s going to be 2013.
I think we should see good volume this week in most markets and then a noticeable drop in volume the last two weeks.
Make sure you stay sharp and focused in your trading. It does not take much on the mental side to make a “normal losing day” into a disaster by not staying disciplined and focus.

Happy Holidays!

Roll Over Notice + Trading Levels and Reports for December 14, 2012

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 Friday December 14, 2012

 

Hello Traders,

Rollover Notice for Stock Index Futures

FRONT MONTH FOR STOCK INDEX FUTURES IS MARCH!!

Roll Over Notice + Trading Levels and Reports for December 13, 2012

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 December 13, 2012

 

Hello Traders,

Rollover Notice for Stock Index Futures

Important notice: For those of you trading any stock index futures contracts, i.e., the E-mini S&P, E-mini NASDAQ, E-mini Dow Jones, the “Big” pit-traded S&P 500, etc., it is extremely important to remember that tomorrow, Thursday, December 13th, is rollover day.

Starting December13th, the March 2013 futures contracts will be the front month contracts. It is recommended that all new positions be placed in the March 2013 contract as of December 13th. Volume in the December 12 contracts will begin to drop off until its expiration on Friday December 21st.

The month code for March is H3.

Traders with electronic trading software should make sure that defaults reflect the proper contract as of Thursday morning.

Please close any open December Currency positions by the close on Friday the 14th.

Should you have any further question please contact your broker.

December to March Rollover for Stock Index Futures

Posted on by Ilan

 

Rollover Notice for Stock Index Futures

Important notice: For those of you trading any stock index futures contracts, i.e., the E-mini S&P, E-mini NASDAQ, E-mini Dow Jones, the “Big” pit-traded S&P 500, etc., it is extremely important to remember that tomorrow, Thursday, December 13th, is rollover day.

Starting December13th, the March 2013 futures contracts will be the front month contracts. It is recommended that all new positions be placed in the March 2013 contract as of December 13th. Volume in the December 12 contracts will begin to drop off until its expiration on Friday December 21st.

The month code for March is H3.

Traders with electronic trading software should make sure that defaults reflect the proper contract as of Thursday morning.

 

Please close any open December Currency positions by the close on Friday the 14th.Should you have any further question please contact your broker.

FOMC Tomorrow plus Trading Levels and Reports for December 12, 2012

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 December 12, 2012

 

Hello Traders,

The FOMC interest rate decision is due at 12:30 ET in the US tomorrow ( Wednesday, Dec. 12 ). Also more than a few economic numbers ahead of the announcement.

 

FOMC days have different characteristics than other trading days. If you have traded for a while, check your trading notes from past FOMC days that may help you prepare for tomorrow.

 

if you are a newcomer, take a more conservative approach and make sure you understand that the news can really move the market.

 

The following are suggestions on trading during FOMC days:

 

  • Reduce trading size
  • Be extra picky = no trade is better than a bad trade
  • Choose entry points wisely. Look at longer time frame support and resistance for entry. Take the approach of entering at points where you normally would have placed protective stops. Example, trader x looking to go long the mini SP at 1425.00 with a stop at 1419.00, instead “stretch the price bands” due to volatility and place an entry order to buy at 1419.75 and place a stop a few points below in this hypothetical example.
  • Expect the higher volatility during and right after the announcement
  • Expect to see some “vacuum” ( low volume, big zigzags) right before the number.
  • Consider using automated stops and limits attached to your entry order as the market can move very fast at times.
  • Know what the market was expecting, learn what came out and observe market reaction for clues
  • Be patient and be disciplined

 

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.