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Tag: Support and Resistance Levels

Futures Trading Levels & Economic Reports for 11-26-2013

Posted on by Ilan

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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 November 26, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

There will not be any market commentary this week. Have a great Thanksgiving Holiday. Thank you!

If you like the information we share? We would appreciate your positive reviews on our new yelp!!

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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Continue reading “Futures Trading Levels & Economic Reports for 11-26-2013”

Futures Trading Levels and Economic Reports for 11.22.2013

Posted on by Ilan

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 November 22, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

25 Proven Options Trading Strategies

by CME Group

 

25 Proven Options Trading Strategies
25 Proven Options Trading Strategies

I SENT THE WRONG LINK YESTERDAY AND I APOLOGIZE. PLEASE SEE CORRECTED LINK BELOW:

https://www.cannontrading.com/tools/25-proven-strategies-for-trading-options

Learn about the 25 Proven Strategies for trading options on CME Group Futures for FREE! Complete this short form and you will receive an email with a link to download the 25 Proven Strategies brochure immediately.  This brochure will come to you for no cost and no-obligation. 


Also on a different note, link to a good recorded webinar about market profile:

Futures Trading Reminders & Trading Levels & Economic Reports 11.19.2013

Posted on by Ilan

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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 November 19, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

A few “post it” to put around your trading station/ trading area:

  1.  Not one trade or one trading day will determine your success. It is the next 1000 trades. ( make sure you survive to take the next 1000 trades!)
  2. What separate the pros from the amateurs is the ability to accept losses, anticipate losses and know it is part of trading. most traders can do well when they are up or making money, very few can do it when they have a down day.
  3. Once you see you are down $XXX, you need to switch from offense to defense and start exiting positions and managing the trade NOT by adding positions.
  4. You are day trading but your progress is measured over the long run.
  5. Start writing a journal about the different reports and how the market reacted so you know which reports to avoid. This can also be a good way to evaluate yourself from the mental perspective as well as function as “cheat cheat notes” for the future.
  6. Start looking at trading as a business. Train your brain to look at trading from the outside rather that ” I am doing good or I am trading bad” everyone have losing days, its part of the market. Sometimes you can make all the right decisions and still be down.
  7. Set some goals: for each day, for each week, for each month. They should include profit target as well as maximum amount of $$ you are willing to risk on any given day. You are more successful if you hit loss limit, closed positions out than if you had a good day where you hit your target.

Futures Trading Levels & Economic Reports for November 15, 2013

Posted on by Ilan

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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 Friday November 15, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

Learn to lose….

 

Many different factors go into trading.  Too many to discuss efficiently in one blog post. Some relate to trading techniques, other to money management, mental aspect, risk capital and much more.

But one that sticks in my eyes is the ability to take a loss. I see many clients who can make money and have days where they make money but when they lose, they lose much more, sometimes even losing control and losing a big portion of their account.

I am not sure how a trader can embed this into their trading mind, BUT in my opinion if you train your brain to expect losses, understand losses and losing days will happen, you will increase your chances of surviving in this business, which in return will actually give you a chance to succeed….

Losses are part of trading and as long as your losses are part of the plan and are quantified in advance and you can adhere to your rules, then you have a chance. I think it’s easy when traders are winning…making money etc. Much harder when you lose or down. your brain starts playing tricks on you…it tells you to double down, maybe reverse even though your analysis does not say so….all of a sudden you start pulling trades out of instinct, fear rather than a calculated plan that has solid risk/ reward. If a trader learns how to lose, to accept losses, to have realistic expectations, then he/ she can avoid having one of those terrible days when traders can lose almost of all their account.

 

I went into this subject and detailed day-trading money management in an article I wrote a few years back for SFO magazine.

 

You can read the full article at:  https://www.cannontrading.com/community/newsletter/Survivor-Day-Trading-Different-Day-Trading-Money-Management-Modified-Hours-E-Minis#two

Webinar Invite & Futures Trading Levels and Economic Reports for September 11, 2013

Posted on by Ilan

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 Wednesday September 11, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

Remember to reserve your spot now for tomorrow’s webinar!

I will be sharing my trading screen ( one of them ) tomorrow morning ( Sept. 11th 8:15 Am Central time)  and review some of the set ups I like, different pointers I feel are worthy, the way I set up my charts, thoughts about money management and much more.
Reserve your Webinar seat now at:
https://www2.gotomeeting.com/register/638930314

 

Many of you have asked me in the past about the different indicators I sometimes share in the charts over this blog. During this screen sharing/ presentation I will go over in more details on how I like to use the indicators you see in the chart below ( in this example crude oil chart from today)

18 tick range bar crude oil chart

 

In between the stock index rally continues with the NASDAQ leading the way. Possible target levels along with support levels for your review below in the daily chart of the mini NASDAQ 100.

Emini Nasdaq daily continual, CQG chart

 

 

 

You like the information we share? We would appreciate your positive reviews on Google+ , Facebook, Yelp etc…use the icons below to share, recommend, review us and more!

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

Webinar Invite & Futures Trading Levels and Economic Reports for September 10, 2013

Posted on by Ilan

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 Tuesday September 10, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Day-Trading Futures Webinar: Study Trading Set-ups, Methodology, Money Management and More!

Join us for a Webinar on September 11 8:15 AM Central Time 

 

Space is limited.
Reserve your Webinar seat now at:
https://www2.gotomeeting.com/register/638930314

 

Join us for a 90-minute LIVE trading and screen sharing, Wednesday, Sept. 11th at 8:15 A.M., Central Time.
During this presentation, Ilan Levy-Mayer, VP of Cannon Trading and Principal of LEVEX Capital Management will share with you details of his  approach to day-trading futures, he calls “Nazlan Day-Trading Model & Rules.”  For this webinar, Ilan will:

1. Explain his entry signals
2. Review trading size
3. Explain market diversification
4. Review the charts he likes to use for different markets
5. Review his proprietary ALGO’s and trade indicators
6. present exit techniques

And much more…

 

Ilan has over 15 years of experience and has observed many traders as well as assisted many clients with different approaches to trading. He will be answering your questions and sharing as much of his philosophy as time allows. If markets are willing and trade set-ups occur, Ilan will take these set-ups using a real time simulation account and will review these trades.

As a thank you, attendees will receive a 2-week free trial to the day-trading indicators and Algorithms along with a 23-page PDF booklet with chart examples and explanations.

This will be the first of a 4-part webinar series and space is limited!

Reserve your space today at: https://www2.gotomeeting.com/register/638930314

Risk: 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 Futures Webinar: Study Trading Set-ups, Methodology, Money Management and More!
Date: Wednesday, September 11, 2013
Time: 6:15 AM – 8:00 AM PDT

 

After registering you will receive a confirmation email containing information about joining the Webinar.

System Requirements
PC-based attendees
Required: Windows® 8, 7, Vista, XP or 2003 Server

Mac®-based attendees
Required: Mac OS® X 10.6 or newer

Mobile attendees
Required: iPhone®, iPad®, Android™ phone or Android tablet


You like the information we share? We would appreciate your positive reviews on Google+ , Facebook, Yelp etc…use the icons below to share, recommend, review us and more!

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

Roll-Over Notice + Futures Trading Levels & Economic Reports for June 13th 2013

Posted on by Ilan

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 Thursday June 13, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Please remember tomorrow is roll-over day for Stock Index Futures.   Please read the blog below for details.

 

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

If you like the information we share? We would appreciate your positive reviews on our new yelp!!

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.

Continue reading “Roll-Over Notice + Futures Trading Levels & Economic Reports for June 13th 2013”

Futures Trading Levels and Economic Reports for May 17, 2013

Posted on by Ilan

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 May 17, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

A few different ways to enter a trade…..A good client of mine told me that in the “out of trading world” he has always made his money by entering at the right price. Made me think about trading and the different ways one can enter a trade. Below is just a quick highlight/ food for thought and over the next few weeks I will expand and put up an article with chart examples:

Futures Trading Levels and Economic Reports for April 17, 2013

Posted on by Ilan

 

Jump to a section in this post:

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 April 18, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Where do I look and when do I pay attention?

By: Justin Smith, Cannon Trading Commodities Broker

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Every trader has done it. You’ve done it, your friends have done it, even your broker has done it at one point early in their career.

Here’s the scenario:

You’ve finally finished your futures education at Cannon Trading Company. You’ve done you’re homework on stops, limits, indicators and price movements for the market you’re trading. You’re ready to go, you enter your limit order and you wait.

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**DING**

You get filled. Your heart rate picks up, a wry smile crosses your face and you begin to imagine the possibilities of the one trade you’re in: How much can I make? How much can I lose before it’s too much? You’ve waited through months of technical trading and deep meditation to get here, and now it’s finally paying off with one of your first trades in the live market. Sayonara paper trading; aloha live futures.

Then, all of a sudden…...continue reading

 

Futures Trading Levels and Economic Reports for April 10, 2013

Posted on by Ilan

 

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday April 10, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

This is the third time that SP futures touched against that 1568-1569 level. We backed down a few points before the close but I think it is important to see how we open tomorrow morning. If we can climb above 1570 then in my opinion we have good chances of visiting 1587 in the next few days or so. On the flip side, failure to do so for the third time can result in a much more meaningful sell off.

 

Daily chart of the mini SP 500 futures for your review below:

 

daily mini sp 500 chart

 

Continue reading “Futures Trading Levels and Economic Reports for April 10, 2013”

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.