Globex® Christmas Holiday Schedule
Equity Products
Thursday, Dec 24
1215 CT / 1315 ET / 1815 UTC – Early close
Friday, Dec 25
Christmas Day Observed – Globex closed
Sunday, Dec 27
1700 CT / 1800 ET / 2300 UTC – Regular open for trade date Monday, Dec 28
Monday, Dec 28
1600 CT / 1700 ET / 2200 UTC – Regular close
Continue reading “Christmas Holiday Globex & Ice Futures Holiday Schedule 2015”
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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 December 18, 2015
Voted #1 futures trading blog!
Here is some futures market insight from a new member on our team but seasoned Broker, Steve Nimerov:
“Sell the rumor….Buy the fact’
Or:
“When you’re crying…You should be buying”
Some of the oldest adages,in Futures trading psychology,might sound flippant
or too simple to acknowledge,such as the header to this blog as stated above,but
are actually rooted in time worn lessons learned.Such was the early panic in the grains
and soy market,early this morning.A perfect storm of bearish news came streaming
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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 November 18, 2015
Hello Traders,
For 2015 I would like to wish all of you discipline and patience in your trading!
As I was about to write today’s blog, it hit me that i would like to know more from you, the reader what kind of topics you like to see in this blog?Take a minute or two and reply back with which of the following you like to see more of:
On a different note, gold just broke recent lows, weekly chart for your review below with some possible levels to watch:
Continue reading “Futures Gold Breaks Recent Lows 11.18.2015”
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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 Thursday November 12, 2015
Hello Traders,
For 2015 I would like to wish all of you discipline and patience in your trading!
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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 November 06, 2015
Hello Traders,
For 2015 I would like to wish all of you discipline and patience in your trading!
Continue reading “Weekly Continuation Futures Gold Chart 11.06.2015”
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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 Thursday November 05, 2015
Hello Traders,
For 2015 I would like to wish all of you discipline and patience in your trading!
I have done it before as a trader. It is the inability to accept a loss that creates this snow ball.
I am not a psychologist nor a professional writer ( English is my second language if you did not tell by now (-:
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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 August 12, 2015
Hello Traders,
For 2015 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
If you are currently trading options on futures or are interested in exploring them further, check out our newly updated trading guide, featuring 25 commonly used options strategies, including butterflies, straddles, strangles, back spreads and conversions. Each strategy includes an illustration demonstrating the effect of time decay on the total option premium involved in the position. Options on futures rank among our most versatile risk management tools, and are offered on most of our products. Whether you trade options for purposes of hedging or speculating, you can limit your risk to the amount you paid up-front for the option while maintaining your exposure to beneficial price movements. To learn more about CME Group options, you can also visit our Options page.
Did you know Cannon offers FOREX trading including the MT4 platform?
Check out our Trading Systems/ALGO Trading and Managed Accounts section!
GOOD TRADING
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.
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| Contract Sept. 2015 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | Dollar Index |
| Resistance 3 | 2128.58 | 4667.08 | 17759 | 1233.53 | 98.35 |
| Resistance 2 | 2115.17 | 4625.92 | 17654 | 1226.17 | 98.00 |
| Resistance 1 | 2097.58 | 4567.83 | 17506 | 1216.93 | 97.61 |
| Pivot | 2084.17 | 4526.67 | 17401 | 1209.57 | 97.26 |
| Support 1 | 2066.58 | 4468.58 | 17253 | 1200.33 | 96.87 |
| Support 2 | 2053.17 | 4427.42 | 17148 | 1192.97 | 96.52 |
| Support 3 | 2035.58 | 4369.33 | 17000 | 1183.73 | 96.13 |
| Contract | Dec. Gold | Sept. Silver | Sept. Crude Oil | Sept. Bonds | Sept. Euro |
| Resistance 3 | 1146.1 | 15.75 | 47.61 | 160 30/32 | 1.1234 |
| Resistance 2 | 1132.6 | 15.56 | 46.47 | 160 4/32 | 1.1163 |
| Resistance 1 | 1120.3 | 15.43 | 44.96 | 159 15/32 | 1.1106 |
| Pivot | 1106.8 | 15.25 | 43.82 | 158 21/32 | 1.1035 |
| Support 1 | 1094.5 | 15.12 | 42.31 | 158 | 1.0978 |
| Support 2 | 1081.0 | 14.93 | 41.17 | 157 6/32 | 1.0907 |
| Support 3 | 1068.7 | 14.80 | 39.66 | 156 17/32 | 1.0850 |
| Contract | Dec. Corn | Sept. Wheat | Nov Beans | Dec. SoyMeal | Sept. Nat Gas |
| Resistance 3 | 407.4 | 539.9 | 997.25 | 351.30 | 2.93 |
| Resistance 2 | 403.3 | 532.1 | 990.50 | 347.10 | 2.89 |
| Resistance 1 | 395.4 | 519.7 | 981.00 | 339.60 | 2.87 |
| Pivot | 391.3 | 511.8 | 974.25 | 335.40 | 2.83 |
| Support 1 | 383.4 | 499.4 | 964.8 | 327.9 | 2.8 |
| Support 2 | 379.3 | 491.6 | 958.00 | 323.70 | 2.77 |
| Support 3 | 371.4 | 479.2 | 948.50 | 316.20 | 2.75 |
| Date | 4:34pm | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | |
|---|---|---|---|---|---|---|---|---|---|
| WedAug 12 | 4:00am | EUR | Italian Trade Balance | 2.81B | 3.98B | 4.14B | |||
| 5:00am | EUR | Industrial Production m/m | -0.4% | -0.1% | -0.2% | ||||
| 5:32am | EUR | German 10-y Bond Auction | 0.61|1.3 | 0.88|1.1 | |||||
| 8:30am | USD | FOMC Member Dudley Speaks | |||||||
| 10:00am | USD | JOLTS Job Openings | 5.25M | 5.33M | 5.36M | ||||
| 10:30am | USD | Crude Oil Inventories | -1.7M | -1.6M | -4.4M | ||||
| 1:01pm | USD | 10-y Bond Auction | 2.12|2.4 | 2.23|2.7 | |||||
| 2:00pm | USD | Federal Budget Balance | -149.2B | -133.5B | 50.5B |
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading.
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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 22, 2015
Hello Traders,
For 2015 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
Gold sold off in a big way Sunday night (July 20th trading session) following a weak close right on support levels the prior week.
News came out that a big bullion dealer from China sold a very large amount of bullion in a matter of 2 minutes, sending gold prices down to 1080 for a short period of time before bouncing back up.
From what I understand, China holds quite a bit of physical gold and that leaves the door open for additional sales in the future.
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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 Thursday July 16, 2015
Hello Traders,
For 2015 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
By Cannon Trading Commodities Broker
Demo Trading. Also known as simulated trading, paper trading, playing with Monopoly money; whatever you’d like to call it, a demo can be your best friend or your worst enemy. Every Futures broker dreads having this conversation with their clients, as it is necessary with every new trader; however, much to a broker’s chagrin, every new trader will say that they already understand when in fact they rarely do. Let me assure you, if you’re a new or even intermediate trader, you probably don’t. You may understand one popular issue of the conversation but odds are if you have been paper trading for five years waiting to be “successful” or to “understand the futures markets” in the simulated world before moving on, you have less of a chance of being successful in the live futures markets because you’re setting yourself up for failure (if you ever do, in fact, trade in the live markets). You should seriously consider speaking with a licensed commodities and futures broker before diving in.
For the uninitiated, demo trading is the practice of trying out an online trading platform on a simulated basis-in a free demo trading account, you’re granted simulated funds, you’re placing simulated orders in the markets and you’re shown simulated profits and losses on what your trades might have done for you if you were futures trading on a live platform with live funds. First and foremost, it’s a wonderful technological tool for testing out a platform to see if it will suit your trading methodology. It can also be used to try different trading strategies, but problems arise when one equates simulated trading too much with live futures trading.
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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 June 2, 2015
Hello Traders,
For 2015 I would like to wish all of you discipline and patience in your trading!
Hello Traders,
The first trading day of June 2015 was a wild ride in many markets….almost as if the markets were quite confused on the direction for the month and traded very choppy with “unexplained, fast moves” both ways. I saw this in stock index futures, metals, currencies and even the grain sector…
As traders we need to learn how to adapt quickly, sense what type of trading day is developing in front of us and trade accordingly.
I wrote the following a while back and shared it before but worth sharing again as refresher:
1. The most common day are two sided trading action with swings up and down – this type of trading day is most suitable for using support and resistance levels along with overbought/oversold indicators.
2. Strong trending days, mostly one directional – this type of trading day is the least common, many times will happen on Mondays and maybe 3-5 times a month at most – this type of trading day is most suitable for using ADX, MACD crossovers and pretty much looking for pullbacks to jump on the trend.
3. Slow and/or choppy trading days – this type of trading day is best suited for taking small profits from the market by looking at volume spikes, using stochastics as possible entry signals and usually wait for a pullback before jumping in.
Continue reading “Different Types of Trading Days 6.02.2015”