{"id":12148,"date":"2017-03-02T13:52:29","date_gmt":"2017-03-02T21:52:29","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=12148"},"modified":"2017-03-02T21:52:14","modified_gmt":"2017-03-03T05:52:14","slug":"traders-interview-3-03-2017-2","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/traders-interview-3-03-2017-2\/","title":{"rendered":"Trader’s Interview 3.03.2017"},"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>\u00a0<\/strong><\/em>\u00a0<\/strong><\/em><\/p>\n

\n

____________________________________________________________________<\/em><\/strong><\/p>\n

Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet<\/a>\u00a0for 2016!!\u00a0\u00a0<\/em><\/strong><\/p>\n

____________________________________________________________________<\/em><\/strong><\/p>\n

Heads up: Front month for energies is now April. Front month for bonds\/ten years is June as of tomorrow. Front month for grains is May.<\/em><\/strong><\/p>\n

Another good read from our friend Peter Davies at JigSawtrading.com:<\/p>\n

Ilan:\u00a0Tell us a little bit about your trading background and how you got started trading.<\/strong><\/p>\n

Peter:<\/strong>\u00a0In the mid 90’s I was a\u00a0self employed\u00a0IT Consultant and ended up living in Knoxville, TN, then I moved to Netherlands, then Denmark, then Japan and finally Thailand, where I ended up starting up an IT firm servicing the client I worked for in Japan. During this time, I managed to save a lot of money which was just sitting there. I ended up having my portfolio managed by a firm of financial advisors. After 3 years, they had lost 30% of the funds.\u00a0Basically\u00a0they got into everything that was hot the year before, a terrible strategy in hindsight. At one point, in a meeting with them, they told me they would get back the losses by leveraging my money. They said that all they needed was a 10% gain and the leverage would mean I recouped my losses. I asked them exactly how they would make that 10% gain and they said to me “Well, anyone can make a 10% gain given enough flexibility”. I politely re-determined them that if ‘anyone’ could make 10%, then they wouldn’t have lost 30%. I withdrew all my funds and figured if I was going to lose money, I might as well do it myself rather than paying them to do it for me.<\/p>\n

I started out longer term investing but found that hit and miss and while I do still trade on\u00a0mostly\u00a0oversold stocks, it was day trading where I found techniques I was really comfortable with.<\/p>\n

Read the full article here<\/a><\/p>\n

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

\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\u00a0Futures Trading<\/a>\u00a0Daily Support and Resistance Levels, Please share!<\/strong><\/p>\n

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

Levels for Trade Date of 03.02.2017<\/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
Contract March 2017<\/td>\n\u00a0SP500<\/td>\nNasdaq100<\/td>\nDow Jones<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
Resistance 3<\/td>\n2446.00<\/td>\n5480.83<\/td>\n21581<\/td>\n1454.43<\/td>\n102.84<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2423.50<\/td>\n5440.42<\/td>\n21371<\/td>\n1435.17<\/td>\n102.41<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2408.25<\/td>\n5412.83<\/td>\n21229<\/td>\n1423.83<\/td>\n102.08<\/td>\n<\/tr>\n
Pivot<\/td>\n2385.75<\/td>\n5372.42<\/td>\n21019<\/td>\n1404.57<\/td>\n101.65<\/td>\n<\/tr>\n
Support 1<\/td>\n2370.50<\/td>\n5344.83<\/td>\n20877<\/td>\n1393.23<\/td>\n101.32<\/td>\n<\/tr>\n
Support 2<\/td>\n2348.00<\/td>\n5304.42<\/td>\n20667<\/td>\n1373.97<\/td>\n100.89<\/td>\n<\/tr>\n
Support 3<\/td>\n2332.75<\/td>\n5276.83<\/td>\n20525<\/td>\n1362.63<\/td>\n100.56<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nApr. Gold<\/td>\nMay Silver<\/td>\nApril Crude Oil<\/td>\nJune\u00a0 Bonds<\/td>\nMarch\u00a0 Euro<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1269.3<\/td>\n18.79<\/td>\n54.97<\/td>\n152 26\/32<\/td>\n1.0667<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1260.3<\/td>\n18.65<\/td>\n54.70<\/td>\n152<\/td>\n1.0631<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1255.1<\/td>\n18.55<\/td>\n54.19<\/td>\n150 27\/32<\/td>\n1.0591<\/td>\n<\/tr>\n
Pivot<\/td>\n1246.1<\/td>\n18.41<\/td>\n53.92<\/td>\n150\u00a0 1\/32<\/td>\n1.0554<\/td>\n<\/tr>\n
Support 1<\/td>\n1240.9<\/td>\n18.31<\/td>\n53.41<\/td>\n148 28\/32<\/td>\n1.0514<\/td>\n<\/tr>\n
Support 2<\/td>\n1231.9<\/td>\n18.17<\/td>\n53.14<\/td>\n148\u00a0 2\/32<\/td>\n1.0478<\/td>\n<\/tr>\n
Support 3<\/td>\n1226.7<\/td>\n18.07<\/td>\n52.63<\/td>\n146 29\/32<\/td>\n1.0438<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nMay\u00a0 Corn<\/td>\nMay Wheat<\/td>\nMay Beans<\/td>\nMay SoyMeal<\/td>\nApril Nat Gas<\/td>\n<\/tr>\n
Resistance 3<\/td>\n393.4<\/td>\n469.4<\/td>\n1071.58<\/td>\n344.03<\/td>\n2.92<\/td>\n<\/tr>\n
Resistance 2<\/td>\n387.8<\/td>\n463.3<\/td>\n1061.92<\/td>\n341.77<\/td>\n2.87<\/td>\n<\/tr>\n
Resistance 1<\/td>\n384.9<\/td>\n460.2<\/td>\n1056.83<\/td>\n340.53<\/td>\n2.83<\/td>\n<\/tr>\n
Pivot<\/td>\n379.3<\/td>\n454.1<\/td>\n1047.17<\/td>\n338.27<\/td>\n2.79<\/td>\n<\/tr>\n
Support 1<\/td>\n376.4<\/td>\n450.9<\/td>\n1042.1<\/td>\n337.0<\/td>\n2.7<\/td>\n<\/tr>\n
Support 2<\/td>\n370.8<\/td>\n444.8<\/td>\n1032.42<\/td>\n334.77<\/td>\n2.70<\/td>\n<\/tr>\n
Support 3<\/td>\n367.9<\/td>\n441.7<\/td>\n1027.33<\/td>\n333.53<\/td>\n2.66<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

All times are Eastern time Zone (EST<\/a>)<\/span><\/strong><\/p>\n

source:http:\/\/www.forexfactory.com\/calendar.php<\/a><\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n4:25pm<\/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
ThuMar 2<\/span><\/td>\n2:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
German Import Prices m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.5%<\/td>\n1.9%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
Spanish Unemployment Change<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n5.2K<\/td>\n57.3K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
Italian Monthly Unemployment Rate<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n12.0%<\/td>\n12.0%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:30am<\/td>\nGBP<\/td>\n<\/td>\n\n
Construction PMI<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n52.2<\/td>\n52.2<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
CPI Flash Estimate y\/y<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n1.8%<\/td>\n1.8%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
Core CPI Flash Estimate y\/y<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.9%<\/td>\n0.9%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
PPI m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.5%<\/td>\n0.7%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
Unemployment Rate<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n9.6%<\/td>\n9.6%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nTentative<\/td>\nEUR<\/td>\n<\/td>\n\n
Spanish 10-y Bond Auction<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n1.73|3.0<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nTentative<\/td>\nEUR<\/td>\n<\/td>\n\n
French 10-y Bond Auction<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n1.07|2.1<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n7:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Challenger Job Cuts y\/y<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n-38.8%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Unemployment Claims<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n243K<\/td>\n244K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Natural Gas Storage<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n-5B<\/td>\n-89B<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by\u00a0Cannon Trading Inc<\/a>. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, 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\u00a0judgement\u00a0in trading.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed. \u00a0\u00a0 ____________________________________________________________________ Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0for 2016!!\u00a0\u00a0 ____________________________________________________________________ Heads up: Front month for energies is now April. Front month for bonds\/ten years is June as of tomorrow. Front month for grains is May. Another good read from our […]<\/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":[971,1100],"class_list":["post-12148","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-daily-support-resistance-levels","tag-traders-interview"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12148","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=12148"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12148\/revisions"}],"predecessor-version":[{"id":12153,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12148\/revisions\/12153"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=12148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=12148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=12148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}