{"id":10804,"date":"2016-01-19T13:24:02","date_gmt":"2016-01-19T21:24:02","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=10804"},"modified":"2017-09-14T04:12:09","modified_gmt":"2017-09-14T12:12:09","slug":"day-trading-tips-tricks-1-20-2016","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/day-trading-tips-tricks-1-20-2016\/","title":{"rendered":"Day Trading Tips and Tricks 1.20.2016"},"content":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
\n<\/strong>
\n\"Like<\/a>\"Follow<\/a>\"View<\/a>\"Find<\/a>\"Cannon<\/a>\"Find<\/a><\/p>\n

1.\u00a0Market Commentary<\/a><\/strong>
\n2.\u00a0Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/a><\/strong>
\n3.\u00a0Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong>
\n4.\u00a0Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver<\/a><\/strong>
\n5.\u00a0Futures Economic Reports for Tuesday January 20, 20<\/a><\/strong>1<\/a>6<\/strong><\/p>\n

Hello Traders,<\/strong><\/p>\n

For 2015 I would like to wish all of you discipline and patience in your trading!<\/em><\/p>\n

Voted #1 futures trading blog!<\/a><\/div>\n
\n
\n
\n

Greetings!<\/p>\n

Few pointers for you day-traders out there. I am sure you have heard some from different resources but never hurts to read and absorb this again:<\/p>\n

1. Be patient
\n2. Limit the number of hours you trade
\n3. Know your DAILY risk before the day begins and this will dictate
\nthe number of contracts you trade
\n4. Choose markets with high liquidity
\n5. Know what reports come out every day and their impact on the markets.
\n6. Understand that even the best methods will have losing days.
\n7. Learn to accept loses
\n8. Use RISK CAPITAL only
\n9. Don’t try to trade and do other things
\n10. Educate yourself
\n11. Keep a trading journal<\/p>\n

<\/p>\n

Would you like a free trial for different trading indicators in real time?<\/p>\n

https:\/\/www.cannontrading.com\/tools\/intraday-futures-trading-signals<\/a>\u00a0<\/strong><\/p>\n

<\/div>\n
Check out our\u00a0Trading Systems\/ALGO Trading and Managed Accounts<\/a>\u00a0 section!<\/div>\n

Many ways to trade any market, many ways to lose money in any market and only very few ways to lock in gains. If you need help creating a trading plan,visit our broker assist services<\/a>.<\/strong><\/p>\n

 <\/p>\n<\/div>\n<\/div>\n

\n

GOOD TRADING<\/strong><\/p>\n<\/div>\n<\/div>\n

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.<\/p>\n

If you like Our Futures Trading Daily Support and Resistance Levels, Please share!<\/strong><\/p>\n

Futures Trading Levels<\/a><\/strong><\/p>\n

<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Contract March 2016<\/td>\nSP500<\/td>\nNasdaq100<\/td>\nDow Jones<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1952.33<\/td>\n4329.42<\/td>\n16533<\/td>\n1054.83<\/td>\n99.86<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1929.92<\/td>\n4272.58<\/td>\n16361<\/td>\n1038.17<\/td>\n99.63<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1901.08<\/td>\n4204.92<\/td>\n16139<\/td>\n1013.93<\/td>\n99.39<\/td>\n<\/tr>\n
Pivot<\/td>\n1878.67<\/td>\n4148.08<\/td>\n15967<\/td>\n997.27<\/td>\n99.15<\/td>\n<\/tr>\n
Support 1<\/td>\n1849.83<\/td>\n4080.42<\/td>\n15745<\/td>\n973.03<\/td>\n98.91<\/td>\n<\/tr>\n
Support 2<\/td>\n1827.42<\/td>\n4023.58<\/td>\n15573<\/td>\n956.37<\/td>\n98.68<\/td>\n<\/tr>\n
Support 3<\/td>\n1798.58<\/td>\n3955.92<\/td>\n15351<\/td>\n932.13<\/td>\n98.44<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nFeb. Gold<\/td>\nMarch Silver<\/td>\nFeb. Crude Oil<\/td>\nMar. Bonds<\/td>\nMarch \u00a0 Euro<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1106.0<\/td>\n14.54<\/td>\n32.77<\/td>\n161 1\/32<\/td>\n1.1040<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1100.3<\/td>\n14.36<\/td>\n32.07<\/td>\n160 11\/32<\/td>\n1.0997<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1093.6<\/td>\n14.19<\/td>\n30.76<\/td>\n159 22\/32<\/td>\n1.0961<\/td>\n<\/tr>\n
Pivot<\/td>\n1087.9<\/td>\n14.02<\/td>\n30.06<\/td>\n159<\/td>\n1.0918<\/td>\n<\/tr>\n
Support 1<\/td>\n1081.2<\/td>\n13.85<\/td>\n28.75<\/td>\n158 11\/32<\/td>\n1.0881<\/td>\n<\/tr>\n
Support 2<\/td>\n1075.5<\/td>\n13.67<\/td>\n28.05<\/td>\n157 21\/32<\/td>\n1.0838<\/td>\n<\/tr>\n
Support 3<\/td>\n1068.8<\/td>\n13.50<\/td>\n26.74<\/td>\n157<\/td>\n1.0802<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nMar. Corn<\/td>\nMar. Wheat<\/td>\nMar Beans<\/td>\nMar. SoyMeal<\/td>\nFeb. Nat Gas<\/td>\n<\/tr>\n
Resistance 3<\/td>\n375.7<\/td>\n487.3<\/td>\n893.33<\/td>\n276.40<\/td>\n2.28<\/td>\n<\/tr>\n
Resistance 2<\/td>\n372.6<\/td>\n483.2<\/td>\n890.17<\/td>\n274.90<\/td>\n2.23<\/td>\n<\/tr>\n
Resistance 1<\/td>\n370.2<\/td>\n478.8<\/td>\n886.83<\/td>\n273.10<\/td>\n2.16<\/td>\n<\/tr>\n
Pivot<\/td>\n367.1<\/td>\n474.7<\/td>\n883.67<\/td>\n271.60<\/td>\n2.10<\/td>\n<\/tr>\n
Support 1<\/td>\n364.7<\/td>\n470.3<\/td>\n880.3<\/td>\n269.8<\/td>\n2.0<\/td>\n<\/tr>\n
Support 2<\/td>\n361.6<\/td>\n466.2<\/td>\n877.17<\/td>\n268.30<\/td>\n1.98<\/td>\n<\/tr>\n
Support 3<\/td>\n359.2<\/td>\n461.8<\/td>\n873.83<\/td>\n266.50<\/td>\n1.91<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
<\/div>\n
Economic Reports<\/strong><\/div>\n

source:http:\/\/www.forexfactory.com\/calendar.php<\/a><\/h3>\n

All times are Eastern time Zone (EST<\/a>)<\/h3>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n4:23pm<\/a><\/th>\nCurrency<\/th>\nImpact<\/th>\n<\/th>\nDetail<\/th>\nActual<\/th>\nForecast<\/th>\nPrevious<\/th>\nGraph<\/th>\n<\/tr>\n<\/thead>\n
<\/td>\n<\/tr>\n
WedJan 20<\/td>\n<\/a>\u00a02:00am<\/td>\nEUR<\/td>\n<\/td>\nGerman PPI m\/m<\/td>\n<\/td>\n<\/td>\n-0.3%<\/td>\n-0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nDay 1<\/td>\nALL<\/td>\n<\/td>\nWEF Annual Meetings<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nBuilding Permits<\/td>\n<\/td>\n<\/td>\n1.20M<\/td>\n1.28M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nCPI m\/m<\/td>\n<\/td>\n<\/td>\n0.0%<\/td>\n0.0%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nCore CPI m\/m<\/td>\n<\/td>\n<\/td>\n0.2%<\/td>\n0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nHousing Starts<\/td>\n<\/td>\n<\/td>\n1.19M<\/td>\n1.17M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\nCrude Oil Inventories<\/td>\n<\/td>\n<\/td>\n3.3M<\/td>\n0.2M<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc<\/a>. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed. 1.\u00a0Market Commentary 2.\u00a0Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index 3.\u00a0Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds 4.\u00a0Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver 5.\u00a0Futures Economic Reports for Tuesday […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[906,897,210],"class_list":["post-10804","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-day-trading-tips-and-tricks","tag-futures-day-trading-guide","tag-futures-trading-guide"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/10804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=10804"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/10804\/revisions"}],"predecessor-version":[{"id":13177,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/10804\/revisions\/13177"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=10804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=10804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=10804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}