Open An Account
Free Demo Account Subscribe Here

Tag: futures trading

Futures Trading Levels, Risk/Reward Factor in Volatile Markets

Posted on by Ilan

Cannon Trading / E-Futures.com

Markets in general are experiencing higher volatility due to multiple factors, ranging from situation in Japan, economic numbers, Mid East and crude oil situation and more…

Understanding the risk before you enter the trade, deciding if the risk/ reward is worth it, accepting it and then letting the trade/market do its things is even more important in times like this.

Wishing all of you a great weekend and successful trading next week.

Daily chart of the volatile Crude Oil futures for your review below: Continue reading “Futures Trading Levels, Risk/Reward Factor in Volatile Markets”

Futures Trading Levels, The FIB Retractment Level is the Pivot of Corrections

Posted on by Ilan

Cannon Trading / E-Futures.com

Big push up today on stocks but less than average volume.

Daily chart below of the mini SP 500 shows that 1310.50 is the 76.4% FIB retractment level, which I have noticed many times to be the pivot of corrections. So price action around this level will be important to watch. A break below 1297 may suggest that this bounce is just a bounce….Futures will tell…..and in our business the future is some times measures in hours, minutes even seconds…. Continue reading “Futures Trading Levels, The FIB Retractment Level is the Pivot of Corrections”

Futures Trading Levels, Geo-Political Events and Your Trading Mind Frame

Posted on by Ilan

Cannon Trading / E-Futures.com

Big overnight moves as political and other events around the world are moving the markets.

Regardless of Geo-Political events, always keep in mind the time frame YOU are trading, the set ups you like, your trading style and matching money management etc.

STAY DISCIPLINED at all times, don’t let the market put you to sleep and know when your personal environment is distracting you from trading and be disciplined enough NOT to trade when this happens.

Below is a daily chart of the mini SP 500 for your review. Continue reading “Futures Trading Levels, Geo-Political Events and Your Trading Mind Frame”

Futures Trading Levels, Weekly Newsletter Reviews Chart Patterns

Posted on by Ilan

Cannon Trading / E-Futures.com

We published our weekly newsletter with examples of different CHART PATTERNS for your review at:

https://www.cannontrading.com/community/newsletter/
Continue reading “Futures Trading Levels, Weekly Newsletter Reviews Chart Patterns”

Futures Trading Levels, March FOMC Statement

Posted on by Ilan

Cannon Trading / E-Futures.com

We are NOW TRADING JUNE FOR INDICES< EMINIS and CURRENCIES!!!

Heads up to international traders – this Sunday US changed clocks to daylight savings time.

FOMC tomorrow and before that more than a few economic numbers.

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 duirng first couple of hours as well. Continue reading “Futures Trading Levels, March FOMC Statement”

Futures Trading Levels, Rollover and Daylight Savings

Posted on by Ilan

Cannon Trading / E-Futures.com

We are NOW TRADING JUNE FOR INDICES< EMINIS and CURRENCIES!!!

Heads up to international traders – this Sunday at 2:00am the U.S. is changing to daylight savings time. Continue reading “Futures Trading Levels, Rollover and Daylight Savings”

Futures Trading Levels, March Contracts Rollover

Posted on by Ilan

Cannon Trading / E-Futures.com

We are NOW TRADING JUNE FOR INDICES< EMINIS and CURRENCIES!!!

Please note that Equity Indices products; TF, ES, NQ, EMD and YM roll on Thursday the 10th at 8:30 am Chicago time from the March 2011 contract to the June 2011 contract. The month code for June is ‘M1’.

It is recommended that all new positions be placed in the June contract as of Thursday’s trade date.

Please close any open March Currencies positions by the close on Friday the 11th.

Continue reading “Futures Trading Levels, March Contracts Rollover”

Futures Trading Levels, March to June Rollover Notice

Posted on by Ilan

Cannon Trading / E-Futures.com

Please note that Equity Indices products; TF, ES, NQ, EMD and YM roll on Thursday the 10th at 8:30 am Chicago time from the March 2011 contract to the June 2011 contract. The month code for June is ‘M1’.

It is recommended that all new positions be placed in the June contract as of Thursday’s trade date.

Please close any open March Currencies positions by the close on Friday the 11th.

Should you have any further questions please contact your futures broker. Continue reading “Futures Trading Levels, March to June Rollover Notice”

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.