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Tag: Trading Levels

Top 5 Mistakes Traders Make & Trading Levels 7.06.2017

Posted on by Ilan

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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!! 

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Excellent, short article by yours truly…..

 Trading Futures: 5 Big Mistakes Beginners Should Avoid Making

 Trading futures is a tough business, but if you are one of the very few that can succeed, this could be a very lucrative business as well

Ilan Levy-Mayer| June 27, 2017 |

I have seen quite a bit since I became a broker in 1998. Some war stories to share about the markets, some crazy moves and much more in between. I was trading futures with clients on the sad Sept. 11th 2001 day when the planes hit and the markets were plunging before they were closed for almost a week. I witnessed the meat contracts making limit up and limit down moves over the years and much more….. Continue reading “Top 5 Mistakes Traders Make & Trading Levels 7.06.2017”

4th of July hours+ Trading Levels & Economic Reports for June 30th 2017

Posted on by Ilan

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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!! 

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Heads up!

Continue reading “4th of July hours+ Trading Levels & Economic Reports for June 30th 2017”

Excellent article about the markets, back testing and more! 6.28.2017

Posted on by Ilan

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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!! 

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Excellent article for your “trading reading pleasure….”

This Time Really Is Different

Markets are constantly evolving based on our updated knowledge of the past.

By Ben Carlson

Sir John Templeton wrote “16 Rules for Investment Success” in 1993. The following is by far the most quoted passage:

Continue reading “Excellent article about the markets, back testing and more! 6.28.2017”

Trading Levels for June 23rd along with Reports Due 6.23.2017

Posted on by Ilan

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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!! 

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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 “Trading Levels for June 23rd along with Reports Due 6.23.2017”

Exclusive 60 Days Free Access to BetterTrader App & Web Platform

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  

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Voted #1 Blog and #1 Brokerage Services on TraderPlanet  for 2016!! 

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EXCLUSIVE OFFER: Free trial for BetterTrader.co APP ($498 value!!)

Cannon Trading has partnered with BetterTrader.co allowing Cannon Trading users 60 days of free (Regular monthly cost is $249) access to BetterTrader app and web platform.

You can now enjoy real time analysis and statistically backtested trade ideas right after the release of economic events

If you are trading or traded before you have noticed many major moves that happen right after certain reports. BetterTrade App can help you trade these reports in more than one way.

Watch this short video for an excellent demonstration and for further information

Exclusive trial to BetterTrader.com APP a valuable tool in trading around economic reports. $498 value as a free trial. 4.12.2017

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  

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet  for 2016!! 

____________________________________________________________________

EXCLUSIVE OFFER: Free trial for BetterTrader.co APP ($498 value!!)

Cannon Trading has partnered with BetterTrader.co allowing Cannon Trading users 60 days of free (Regular monthly cost is $249) access to BetterTrader app and web platform.

You can now enjoy real time analysis and statistically backtested trade ideas right after the release of economic events

If you are trading or traded before you have noticed many major moves that happen right after certain reports. BetterTrade App can help you trade these reports in more than one way.

Orange Juice Daily Chart 4.04.2017

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  

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Voted #1 Blog and #1 Brokerage Services on TraderPlanet  for 2016!! 

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Wishing all of you a great trading month ahead!

Chart of the week….Orange Juice, daily chart along with some of the indicators I like to use as a “road map“:

Orange Juice daily chart along with the indicators as a Road Map

Trading Levels for Friday 3.17.17

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  

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!  

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No words of wisdom today…..

Good reading on seasonal spreads and seasonal tendencies at:

https://www.cannontrading.com/tools/the-seasons-of-the-futures-market

Trading Levels & Economic Reports for 10-20-2011

Posted on by Ilan

 

In this post:

1. Market Commentary
2. Support and Resistance Levels
3. Daily Mini Mini S&P 500 Futures Chart

divider black 190

1. Market Commentary

Volatility remains high and what I wrote yesterday, still holds:

As far as the daily chart, I am now confused again….I got tempted on the short side and got burnt very quickly today….Once again there is a CASE for both sides, bulls and the bears and the potential for a BIG MOVE EITHER WAY is greater than normal as we are sitting on important price levels in the SP500, which has been the leader for the rest of the markets as of the last few weeks.

One more point that I would like to add that have helped me when I followed and hurt me when I ignored…

When volatility is higher than normal, like we have now, I try to REDUCE my trading size. This allows me to stay in a trade with higher comfort level instead of getting out too soon from winners and too late from losers….The principal is correct regardless of volatility but even more so when markets experience fast and sharp moves. Continue reading “Trading Levels & Economic Reports for 10-20-2011”

Trading Levels & Economic Reports for 10-19-2011

Posted on by Ilan

In this post: 1. Market Commentary 2. Support and Resistance Levels 3. Daily Mini Mini S&P 500 Futures Chart divider black 190

1. Market Commentary

Tremendous volatility across the markets today with some news out of Europe moving most markets much higher. As far as the daily chart, I am now confused again….I got tempted on the short side and got burnt very quickly today….Once again there is a CASE for both sides, bulls and the bears and the potential for a BIG MOVE EITHER WAY is greater than normal as we are sitting on important price levels in the SP500, which has been the leader for the rest of the markets as of the last few weeks. Fast and furious moves like we have seen today encourage me to revisit the point of using AUTO stops when day trading. Many traders will disagree with me but I have seen the markets make such fast moves that by the time one decides where and when to place a stop…the market already made a very powerful move against you. I think that as a day trader who is looking to only make a few ticks on the trade, you should decide on the appropriate worst case scenario stop ( measured in ticks or $$) and use your trading software to place these stops and/ or targets as soon as you enter your position. Most of our trading platforms have that feature and your broker will be more than happy to review it with you. Continue reading “Trading Levels & Economic Reports for 10-19-2011”

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.