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Futures Trading Levels, Invitation to Exclusive Day Trading Webinar

Posted on by Ilan

Cannon Trading / E-Futures.com

Day-Trading the Mini S&P 500, Crude Oil and other Futures using Volume Charts and the DIAMOND ALGORITHM

This Wednesday, June 29th, Ilan Levy-Mayer, Vice President of Cannon Trading and President / AP of LEVEX Capital Management Inc., a registered commodity trading advisor, will hold a live educational day trading webinar starting at 9:00 AM central time.

During the webinar, Ilan will:

  • Share his approach to day trading futures and review other markets he scans for day trading in addition to the ES. (mini SP 500)
  • Explain his day trading strategies that can be applied to MANY futures markets such as crude oil futures, Euro, DAX and more.
  • Review the LEVEX family of technical indicators and the DIAMOND ALGO which are now available via Sierra charts.
  • Detail his day trading money management philosophy.
  • Walks through live trade set ups as they happen real-time.

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.

Title:
Day-Trading the Mini S&P 500, Crude Oil and other Futures using Volume Charts and the DIAMOND ALGORITHM
Date:
Wednesday, June 29, 2011
Time:
7:00 AM – 8:00 AM PDT

Space is limited: Reserve your Webinar seat now!
After registering you will receive a confirmation email containing information about joining the Webinar.

System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server

Macintosh®-based attendees
Required: Mac OS® X 10.4.11 (Tiger®) or newer Continue reading “Futures Trading Levels, Invitation to Exclusive Day Trading Webinar”

Futures Trading Levels, Invitation to Exclusive Day Trading Webinar

Posted on by Ilan

Cannon Trading / E-Futures.com

Join us for a Webinar on June 29 entitled:

Day-Trading the Mini S&P 500, Crude Oil and other Futures using Volume Charts and the DIAMOND ALGORITHM

This Wednesday, June 29th, Ilan Levy-Mayer, Vice President of Cannon Trading and President / AP of LEVEX Capital Management Inc., a registered commodity trading advisor, will hold a live educational day trading webinar starting at 9:00 AM central time.

During the webinar, Ilan will:

  • Share his approach to day trading futures and review other markets he scans for day trading in addition to the ES. (mini SP 500)
  • Explain his day trading strategies that can be applied to MANY futures markets such as crude oil futures, Euro, DAX and more.
  • Review the LEVEX family of technical indicators and the DIAMOND ALGO which are now available via Sierra charts.
  • Detail his day trading money management philosophy.
  • Walks through live trade set ups as they happen real-time.

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.

Title:
Day-Trading the Mini S&P 500, Crude Oil and other Futures using Volume Charts and the DIAMOND ALGORITHM
Date:
Wednesday, June 29, 2011
Time:
7:00 AM – 8:00 AM PDT

Space is limited: Reserve your Webinar seat now!
After registering you will receive a confirmation email containing information about joining the Webinar.

System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server

Macintosh®-based attendees
Required: Mac OS® X 10.4.11 (Tiger®) or newer Continue reading “Futures Trading Levels, Invitation to Exclusive Day Trading Webinar”

Futures Trading Levels, Crude Oil Tumbles in Light of OPEC and IEA News

Posted on by Ilan

Cannon Trading / E-Futures.com

Overnight news sent crude oil tumbling….I thought it would be interesting to share a weekly chart of Crude Oil futures for your review.

The International Energy Agency will release 60 million barrels of oil from strategic government stockpiles held by industrialized consumer nations in a bid to push down oil prices, the 28-member group announced on Thursday.

The announcement comes after OPEC failed to raise production at a meeting on June 8 and despite assurances from OPEC’s biggest producer Saudi Arabia that it would lift supplies unilaterally.

Weekly Crude Oil Futures Chart: June 23rd 2011

Weekly Crude Oil Futures Chart levels for Wednesday June 23rd, 2011

Continue reading “Futures Trading Levels, Crude Oil Tumbles in Light of OPEC and IEA News”

Futures Trading Levels, Looking at the Underlying Product of Futures

Posted on by Ilan

Cannon Trading / E-Futures.com

Once in a while I like to take a look at the actual underlying product for the future I am trading. In the case of the mini SP500, the actual product is the SP500 cash index. Below is a daily chart of the SP500 cash index, courtesy of CQG charting software.

Based on the tools I use and have confidence in, I will look for failure against the 1301 level and/ or a break back below 1284 as a sign that selling may resume towards the previous lows around 1258 cash basis. As always, use your own judgement in trading, know the time frame you like to trade, your risk tolerance etc.

Daily Chart of the S&P 500 Cash Index from June 22nd 2011

Daily S&P 500 Cash Index Chart levels for Wednesday June 22nd, 2011 Continue reading “Futures Trading Levels, Looking at the Underlying Product of Futures”

Futures Trading Levels, Early FOMC Release Tomorrow

Posted on by Ilan

Cannon Trading / E-Futures.com

FOMC tomorrow. Keep in mind that the statement now comes out earlier than before, it comes out around 12:30 pm EST and then there is a press conference during the time FOMC used to come out at, around 2:15 PM EST.

Refer to your notes from last FOMC.

Please read below and look at a 5 minutes chart from the last FOMC day . Pay attention to how volume dries up right before and the big spike in volume and price action right during and after the announcement.

Intraday Mini S&P 500 Chart from June 21st 2011

Intraday Mini S&P 500 Chart levels for Monday June 21st, 2011

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.

My observations suggest choppy, low volume up until announcement, followed by some some sharp volatile moves right during and after the announcement. However, with tomorrow early morning reports, we may see more volatility during first couple of hours as well. Continue reading “Futures Trading Levels, Early FOMC Release Tomorrow”

Futures Trading Levels, Mini S&P Screenshots with Diamond Algorithm

Posted on by Ilan

Cannon Trading / E-Futures.com

I think that if we can take out today’s high, we may see 1286 to 1295.

Daily chart for your review below.

Daily Mini S&P 500 Chart from June 20th 2011

Daily Mini S&P 500 Chart levels for Monday June 20th, 2011

Many of you have asked if these DIAMONDS indicators you see in the screen shot above available as a software or available for different markets during different times.

I can now tell you that it is available as a tool that you can use on your own, at your own convenience and time for different markets and different time frames.

Here is another screen shot from today’s end of the session, using volume charts for DAY TRADING.

Intraday Mini S&P 500 Chart from June 20th 2011

Intraday Mini S&P 500 Chart from Monday June 20th, 2011

I have developed this model which is a family of studies and the “DIAMOND” algorithm. I have spent over 2 years developing this model and now I have made them available through Sierra / AT charts for a free trial. If you are a Cannon Trading client, the cost after the two week trail is $119 per month which can be deducted from your account. If you are not a client the cost is $299 per month.

The Diamond ALGO package provides signals and also can be used as a “GPS” for trading methodology. It is accompanied by a 23 page manual which explains the set ups, risk management, model philosophy and much more. I hold a webinar once a week where I review and share my set ups. I have been told by subscribers that this model/”GPS” tool is one of the best they have seen and they have compared it to services and software packages that can cost much more.

The Diamond ALGO and indicators family, can be applied to any market at any time frame!

To get started simply send me an email and if you are a client please include the following:

  1. What trading platform you are using?
  2. Who is the broker you are working with here at Cannon?
  3. If you have sierra or ATcharts, what is your user name?

If you are NOT a client of Cannon, please share the following:

  1. What trading platform you are using?
  2. markets you trade?
  3. What charts you are using?
  4. If you have sierra or ATcharts, what is your user name?

Rule 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.

Continue reading “Futures Trading Levels, Mini S&P Screenshots with Diamond Algorithm”

Futures Trading Levels, Trade Support and Decision Model: Diamond Algorithm

Posted on by Ilan

Cannon Trading / E-Futures.com

Many of you have been to my “daily webinars” or saw some screen shots with the DIAMONDS indicators etc..

Many of you have asked if these indicators/models are available as a software or available for different markets during different times.

I can now tell you that it is available as a tool that you can use on your own, at your own convenience and time for different markets and different time frames.

I like to share with you what I believe is a GREAT trade support and decision model. The model which can be used as a mechanical buy/sell trigger as well as an aid while day-trading and/ or SWING trading the markets is available for free trial.

I have developed this model which is a family of studies and the “DIAMOND” algorithm. I have spent over 2 years developing this model and now I have made them available through Sierra / AT charts for a free trial.

If you are a Cannon Trading client, the cost after the two week trail is $119 per month which can be deducted from your account. If you are not a client the cost is $299 per month.

The Diamond ALGO package provides signals and also can be used as a “GPS” for trading methodology. It is accompanied by a 23 page manual which explains the set ups, risk management, model philosophy and much more.

I hold a webinar once a week where I review and share my set ups. I have been told by subscribers that this model/”GPS” tool is one of the best they have seen and they have compared it to services and software packages that can cost much more.

Below are two signals from June 2011, the first chart is an intraday chart of the crude oil market, the second chart is a daily chart of Natural Gas.

Intraday Chart of Crude Oil from June 17th 2011

Crude Oil Trading chart levels for Friday June 17th, 2011

Daily Chart of Natural Gas June 17th 2011

Natural Gas trading chart levels for Friday June 17th, 2011

The Diamond ALGO and indicators family, can be applied to any market at any time frame!

To get started simply send me an email and if you are a client please include the following:

  1. What trading platform you are using?
  2. Who is the broker you are working with here at Cannon?
  3. If you have sierra or ATcharts, what is your user name?

If you are NOT a client of Cannon, please share the following:

  1. What trading platform you are using?
  2. markets you trade?
  3. What charts you are using?
  4. If you have sierra or ATcharts, what is your user name?

Rule 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. Continue reading “Futures Trading Levels, Trade Support and Decision Model: Diamond Algorithm”

Futures Trading Levels, Sierra Charts and the Webinar

Posted on by Ilan

Cannon Trading / E-Futures.com

Quadruple witching tomorrow!

Also below you will see a screen shot from my intra-day sierra chart template. The template includes some proprietary studies, conditions and algorithm I have worked on over the past couple of years. If you would like to get a trial to the family of studies and you have sierra charts/ ATcharts, please email me your user name for the charts, your name, email, tel number and any information about your trading background and goals.

I will then authorize the studies and send you info on how to use and plug into sierra charts. These indicators are available for webinar subscribers at no extra charge and if you like to get the package as a Cannon Trading client, cost after free trial is $119 per month. If you are not a Cannon client, cost is $299 per month. Continue reading “Futures Trading Levels, Sierra Charts and the Webinar”

Futures Trading Levels, Unemployment Claims and Natural Gas Storage Reports Tomorrow

Posted on by Ilan

Cannon Trading / E-Futures.com

There is a good article available at the Cannon Trading Company Weekly Newsletter. Continue reading “Futures Trading Levels, Unemployment Claims and Natural Gas Storage Reports Tomorrow”

Futures Trading Levels, Diamond Algorithm by Ilan Levy-Mayer

Posted on by Ilan

Cannon Trading / E-Futures.com

I mentioned yesterday that 1266 can act as pivot level. Turns out it did, market was oversold and we got a buy signal after the close yesterday which hit the first target very quickly ( today….). Next target on the way up is 1300. Support below will be 1266 , , 1259.50 followed by 1235.

Daily chart of the mini SP500 along with potential levels below and above for you review below.

If you like to have a FREE TRIAL to my DIAMOND ALGORITHM using sierra charts, please send me an email with name, tel number and markets you trade.

This ALGO tries to identify turning points in the market and can be applied to variety of markets and time frames. Continue reading “Futures Trading Levels, Diamond Algorithm by Ilan Levy-Mayer”

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.