New Day Trading Signals Newsletter 7.26.2016

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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 Tuesday July 26, 2016

Hello Traders,

New Day Trading Signals Newsletter

The Edge, daily trading signals newsletter is now provided FREE for a limited time to Cannon’s clients and qualified prospects

A veteran client and trader once remarked “Just tell me WHICH market to trade on any specific day and WHAT direction and I can trade the heck out of it….” Well, the Edge by ExitPoints.com does exactly that. The ExitPoints EDGE email will let you know the night before what markets to focus on and which direction the market is expected to move. From that point you can more confidently create your trading plan and utilize your trading prowess to capture opportunities.

Complete the simple form below and you will receive the daily email within one business day. You will receive it for the next 3 months FREE! you can unsubscribe at any time and as always, you will have direct access to a cannon Trading professional with any questions.

Don’t wait… sign up NOW!

Continue reading “New Day Trading Signals Newsletter 7.26.2016”

Gold Chart for Review 7.06.2016

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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

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 July 6, 2016

Hello Traders,

We got both ECB Draghi speaking tomorrow morning as well as FOMC minutes later in the day. Could turn out to be a volatile trading day.

There are a few factors you can control as a day trader:

How many contracts you trade per ticket?

How many markets you trade at any given time?

What is your ( hopefully ) self imposed risk per trade? per day?

These factors should be adjusted as your trading capital change, as volatility increases/ decreases and according to your performance.

Gold chart for your review below:

Gold Chart

Continue reading “Gold Chart for Review 7.06.2016”

Globex & ICE ® Independence Day Holiday Trading Schedule 2016

Independence Day Holiday Schedule for CME / Globex and ICE Exchanges

*Note: Session orders entered on Sunday are for trade date Tuesday, July 5 and will continue working until Tuesday’s close unless otherwise noted.

Equity, Interest Rate, FX, Energy, Metals & DME Products

Friday, July 1

1600 CT / 1700 ET / 2100 UTC – Regular close

Sunday, July 3

1700 CT / 1800 ET / 2200 UTC – Regular open for trade date Tuesday, July 5

Monday, July 4

1200 CT / 1300 ET / 1700 UTC – Trading halt (pre-open)

1700 CT / 1800 ET / 2200 UTC – Products resume trading

Tuesday, July 5

1600 CT / 1700 ET / 2200 UTC – Regular close

Grain, Oilseed & MGEX Products

Friday, July 1

Regular close – Per each product schedule

Tuesday, July 5

0700 CT / 0800 ET / 1200 UTC – MGEX Apple Juice – Regular open Continue reading “Globex & ICE ® Independence Day Holiday Trading Schedule 2016”

Brexit Time Table – Volatility Ahead! 6.24.2016

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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

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 June 24, 2016

Hello Traders,

Much has been written about the vote in the UK to exit or stay with the European Union, “BREXIT”.

The voting begins at 7AM (UK) and closes at 10PM (UK) on Thursday June 23.

We expect this to create some extreme volatility in many markets for the next few days and encourage all of you to  be aware and use conservative approach rather than aggressive approach.

I will share two sayings I heard last few days….
“Better to be a live chicken than a dead duck……”
“Don’t go out picking flowers during a hurricane….”

A quick article/outlook with chart I wrote for Equities.com

https://www.equities.com/news/the-million-dollar-question-the-british-pound-and-brexit

Time Table ( Eastern Time and Pacific time below)):

6846a398 155d 4eac 802a a164eb0bf144

Here’s a rundown of the key times to watch Thursday through early Friday morning.
Time (U.S. Pacific Time in parenthesis)
Event
Thurs. 7:00 A.M. (11 P.M.Wed.)
Polling stations open
Thurs. 10:00 P.M. (2 P.M.)
Polling stations close, no exit polls
Thurs. around 11:30 P.M. (3:30 P.M.)
First announcements on voter turnout
Fri. 12:30 A.M. (Thurs. 4:30 P.M.)
Results expected for first counting areas
Fri. 3-4:00 A.M. (Thurs. 7-8:00 P.M.)
Results from half of the counting areas are in
Fri. around 5:00 A.M. (Thurs. 9:00 P.M.)
About 80% of counting areas have reported results
Fri. 7 A.M. (Thurs. 11:00 P.M.)
All votes are likely to have been counted and the official result is expected shortly after.

Feel free to call us at 800-454-9572 with any questions.

Continue reading “Brexit Time Table – Volatility Ahead! 6.24.2016”

Front month for e-minis and currencies is now September 6.10.2016

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

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

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 June 10, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog! 

A Volume Weighted Average Price Spread tool to gauge the quarterly roll over activity in the Mini S&P market.:

http://www.cmegroup.com/trading/equity-index/paceofroll/main.html

September is now FRONT MONTH for index, currencies and financial futures. Examples are mini SP 500, Euro currency, Treasury bonds.

Should you have any further question please contact your broker.

Continue reading “Front month for e-minis and currencies is now September 6.10.2016”