Open An Account
Free Demo Account Subscribe Here

Tag: futures trading

Futures Trading Levels, Key to Successful Trading Special Feature

Posted on by Ilan

Special Feature: The Key To Success as a Trader

By: Cannon Trading Staff

What makes one trader successful, while another is not?

futures trading success key

Is it intelligence? No. If it were, then doctors, lawyers, and engineers would make the best traders.

Is it the latest software program? No. If it were then the developers of the “magic black boxes” would be the best traders.

Is it experience? No. If it were then all successful traders would be bald or have gray hair, and we know this is not the case.

Is it those that have inside information? No. Be real. In today’s trading world data and information are global and instantaneous.

What then is the key?

Read the rest of the special feature in our weekly newsletter Continue reading “Futures Trading Levels, Key to Successful Trading Special Feature”

Futures Trading Levels, Mini Russel 2000 Futures

Posted on by Ilan

Cannon Trading / E-Futures.com

March started out with strong down move, perhaps to signal the shift in market bias going forward?

Time will tell.

Hourly chart of Mini Russell 2000 for your review below. We need to see the TF goes above 809.50 for any significant bounce to follows, otherwise we may visit 793 first….

Either way, higher volatility, wider ranges = trader must asses their daily risk settings, their stops/ targets per trade, trading size etc.

Daily E-Mini S&P 500 Futures Trading Chart

Stock futures trading chart levels Continue reading “Futures Trading Levels, Mini Russel 2000 Futures”

Futures Trading Levels Feb 28th and Crude Oil Futures Chart

Posted on by Ilan

Cannon Trading / E-Futures.com

Wishing you all a great weekend. Amazing how fast short February went by and Monday will be the last trading day of the month.

I expect the higher volatility we have seen over the last few days to stay with us for a while….so as mentioned before be aware of it, adjust your trading parameters accordingly and stay disciplined!

Below you will see a screen shot from the crude oil futures chart I share intraday. We also execute this crude day-trading system in-house as an “auto traded ” trading system with letter of direction.

The day-trading system is up slightly more than $1,000 NET per contract traded since we launched live trading on Jan. 28th 2011.*
*These are risky markets and only risk capital should be used.

Past performances are not necessarily indicative of future results.
If you are interested in more information, would like to see detailed LIVE results, please send me an email or speak with your broker.

Daily E-Mini S&P 500 Futures Trading Chart

Stock futures trading chart levels Continue reading “Futures Trading Levels Feb 28th and Crude Oil Futures Chart”

Futures Trading Levels and Day Trading Environment

Posted on by Ilan

Cannon Trading / E-Futures.com

Another strong volume day on the SP 500, with price action going both ways intraday but still finishing lower for the day.

Some longer term FIB levels below to watch for. Middle East and crude oil will lead the way as we head into the weekend.

As volatility rises, so does risk…..as well as intraday opportunities. make sure you understand the change in the day trading environment we are noticing the last few days and incorporate into your trading decisions and money management.

Daily E-Mini S&P 500 Futures Trading Chart

Stock futures trading chart levels Continue reading “Futures Trading Levels and Day Trading Environment”

Futures Trading Levels and Economic Reports for February 22, 2011

Posted on by Ilan

Cannon Trading / E-Futures.com

Have a great long weekend!

Our night desks will be open Sunday night – Monday morning and Monday night. Our office will resume buisness on Tuesday morning.

Presidents day holiday hours at: http://www.cmegroup.com/tools-information/holiday-calendar/files/2011-presidents-day.pdf

Life After Mini SP – Day Trading Crude Oil Futures “Buying the Fear, Selling the Greed”

Join us for a Webinar on February 23

Space is limited.
Reserve Your Webinar Seat Now at: https://www2.gotomeeting.com/register/477215826 Continue reading “Futures Trading Levels and Economic Reports for February 22, 2011”

Futures Trading Levels and Economic Reports for February 18, 2011

Posted on by Ilan

Daily chart of crude oil for your review below:

S&P500 daily trading levels February 18

Life After Mini SP – Day Trading Crude Oil Futures “Buying the Fear, Selling the Greed”

Join us for a Webinar on February 23

Space is limited.
Reserve Your Webinar Seat Now at: https://www2.gotomeeting.com/register/477215826 Continue reading “Futures Trading Levels and Economic Reports for February 18, 2011”

Futures Trading Charts, February 16, 2011

Posted on by Ilan

Low volume on the Mini SP 500 today.

That should change tomorrow with a variety of economic reports due.

Daily chart of Mini Russell 2000 for your review below:

S&P500 daily trading levels Tuesday February 16 Continue reading “Futures Trading Charts, February 16, 2011”

Futures Trading Levels and Economic Reports for February 11, 2011

Posted on by Ilan

I like the way tomorow’s date looks like …2-11-11 so decided to share a MONTHLY chart of the SP 500 index, more for “fun”, “change” than anything specific…

SP-500-Day-Trading-2011-02-11.png Continue reading “Futures Trading Levels and Economic Reports for February 11, 2011”

Futures Trading Levels and Economic Reports for February 10, 2011

Posted on by Ilan

Good article to read on our weekly newsletter:

https://www.cannontrading.com/community/newsletter/ Continue reading “Futures Trading Levels and Economic Reports for February 10, 2011”

Futures Trading Levels and Economic Reports for February 9, 2011

Posted on by Ilan

Trading is SO MUCH MENTAL once you have a concept you believe in, have confidence in. After that there is a lot of psychological work….

Some examples:

  1. Ability to take losses and know not every trade will be a winner and not every day will be a winner

  2. Ability to stay patient and NOT feel that if you are NOT trading, you are NOT doing your job….

  3. The confidence to stay in winning trades and the discipline to get out of losing trades

  4. Allowing trades some time to work

  5. Not getting down on yourself for “could have should have etc”

  6. Understandings that sometimes, you can do everything right and still have a losing trade. It is simply part of trading.

  7. Being a hard worker and keeping a journal after certain trading days. Being  a hard worker in putting time and effort learning new approaches, set ups before deciding if its worthy or not. I WILL SAVE THIS LITTLE LIST AND ADD TO IT AS DAYS PROGRESS. Continue reading “Futures Trading Levels and Economic Reports for February 9, 2011”

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.