{"id":14179,"date":"2018-04-18T12:28:13","date_gmt":"2018-04-18T20:28:13","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14179"},"modified":"2018-04-20T06:42:49","modified_gmt":"2018-04-20T14:42:49","slug":"7-things-know-trading-wheat-futures-4-19-2018","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/7-things-know-trading-wheat-futures-4-19-2018\/","title":{"rendered":"7 things to know before trading Wheat Futures 4.19.2018"},"content":{"rendered":"

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

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

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

Author:\u00a0Joseph Easton, Senior Broker at\u00a0Cannon Trading<\/p>\n

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

\n
    \n
  1. The Basics:<\/li>\n<\/ol>\n

    There are two types of Wheat most commonly traded…<\/p>\n

    “Chicago Soft Red Winter (SRW) and KC Hard Red Winter (HRW) are the global industry standards for wheat. Chicago SRW Wheat is the most liquid\u00a0Wheat futures contract\u00a0in the world, trading the equivalent of more than 15 million tons each day in 2013-9 \u00bd times more than the largest European contract. Producers, processors, millers and exporters continue to look to Chicago SRW and KC HRW Wheat for the liquidity that is critical for any risk management solution.<\/p>\n

    Liquidity means that you can execute positions quickly, effectively and efficiently. Liquidity offers more flexibility in structuring hedging strategies to meet your timing and market needs. And when the world is facing new challenges in Wheat risk management, liquidity provides the security you need in order to respond with confidence” – CME Group<\/p>\n<\/div>\n

    \"\"<\/a><\/div>\n

    <\/p>\n

    Good Trading!<\/strong><\/p>\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.\u00a0 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

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

    4-19-2018<\/p>\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 June 2018<\/td>\n\u00a0SP500 #ES_F<\/td>\nNasdaq100\u00a0 #NQ_F<\/td>\nDow Jones\u00a0 #YM_F<\/td>\nMini Russell #RTY_F<\/td>\nBitCoin Index #XBT_F<\/td>\n<\/tr>\n
    Resistance 3<\/td>\n2732.17<\/td>\n6945.00<\/td>\n24939<\/td>\n1607.57<\/td>\n8515.03<\/td>\n<\/tr>\n
    Resistance 2<\/td>\n2725.33<\/td>\n6906.00<\/td>\n24874<\/td>\n1601.73<\/td>\n8335.44<\/td>\n<\/tr>\n
    Resistance 1<\/td>\n2717.42<\/td>\n6874.75<\/td>\n24803<\/td>\n1594.57<\/td>\n8224.08<\/td>\n<\/tr>\n
    Pivot<\/td>\n2710.58<\/td>\n6835.75<\/td>\n24738<\/td>\n1588.73<\/td>\n8044.49<\/td>\n<\/tr>\n
    Support 1<\/td>\n2702.67<\/td>\n6804.50<\/td>\n24667<\/td>\n1581.57<\/td>\n7933.13<\/td>\n<\/tr>\n
    Support 2<\/td>\n2695.83<\/td>\n6765.50<\/td>\n24602<\/td>\n1575.73<\/td>\n7753.54<\/td>\n<\/tr>\n
    Support 3<\/td>\n2687.92<\/td>\n6734.25<\/td>\n24531<\/td>\n1568.57<\/td>\n7642.18<\/td>\n<\/tr>\n
    <\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    Contract<\/td>\nJune Gold #GC_F<\/td>\nMay Silver #SI-F<\/td>\nJune Crude Oil #CL-F<\/td>\nJune\u00a0 Bonds\u00a0 #ZB_F<\/td>\nJune\u00a0 Euro #6E_F<\/td>\n<\/tr>\n
    Resistance 3<\/td>\n1373.2<\/td>\n17.95<\/td>\n72.00<\/td>\n146 13\/32<\/td>\n1.2513<\/td>\n<\/tr>\n
    Resistance 2<\/td>\n1366.1<\/td>\n17.61<\/td>\n70.45<\/td>\n146\u00a0 4\/32<\/td>\n1.2482<\/td>\n<\/tr>\n
    Resistance 1<\/td>\n1359.2<\/td>\n17.41<\/td>\n69.64<\/td>\n145 13\/32<\/td>\n1.2457<\/td>\n<\/tr>\n
    Pivot<\/td>\n1352.1<\/td>\n17.07<\/td>\n68.09<\/td>\n145\u00a0 4\/32<\/td>\n1.2426<\/td>\n<\/tr>\n
    Support 1<\/td>\n1345.2<\/td>\n16.86<\/td>\n67.28<\/td>\n144 13\/32<\/td>\n1.2401<\/td>\n<\/tr>\n
    Support 2<\/td>\n1338.1<\/td>\n16.52<\/td>\n65.73<\/td>\n144\u00a0 4\/32<\/td>\n1.2370<\/td>\n<\/tr>\n
    Support 3<\/td>\n1331.2<\/td>\n16.32<\/td>\n64.92<\/td>\n143 13\/32<\/td>\n1.2345<\/td>\n<\/tr>\n
    <\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    Contract<\/td>\nMay\u00a0 Corn #ZC_F<\/td>\nMay Wheat #ZW_F<\/td>\nMay Beans #ZS_F<\/td>\nMay SoyMeal #ZM_F<\/td>\nMay Nat Gas #NG_F<\/td>\n<\/tr>\n
    Resistance 3<\/td>\n387.5<\/td>\n485.8<\/td>\n1062.50<\/td>\n388.30<\/td>\n2.83<\/td>\n<\/tr>\n
    Resistance 2<\/td>\n385.5<\/td>\n480.9<\/td>\n1057.25<\/td>\n385.60<\/td>\n2.81<\/td>\n<\/tr>\n
    Resistance 1<\/td>\n384.3<\/td>\n478.1<\/td>\n1049.50<\/td>\n381.10<\/td>\n2.78<\/td>\n<\/tr>\n
    Pivot<\/td>\n382.3<\/td>\n473.2<\/td>\n1044.25<\/td>\n378.40<\/td>\n2.76<\/td>\n<\/tr>\n
    Support 1<\/td>\n381.0<\/td>\n470.3<\/td>\n1036.5<\/td>\n373.9<\/td>\n2.7<\/td>\n<\/tr>\n
    Support 2<\/td>\n379.0<\/td>\n465.4<\/td>\n1031.25<\/td>\n371.20<\/td>\n2.70<\/td>\n<\/tr>\n
    Support 3<\/td>\n377.8<\/td>\n462.6<\/td>\n1023.50<\/td>\n366.70<\/td>\n2.67<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    Economic Reports, source:<\/strong>\u00a0<\/strong><\/p>\n

    http:\/\/app.bettertrader.co\u00a0<\/a><\/p>\n

    \"Economic<\/p>\n

    This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. 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.<\/p>\n","protected":false},"excerpt":{"rendered":"

    ____________________________________________________________________ Voted #1 Blog and #1 Brokerage Services on\u00a0\u00a0TraderPlanet\u00a0 \u00a0for 2016!! ____________________________________________________________________ Author:\u00a0Joseph Easton, Senior Broker at\u00a0Cannon Trading Dear Traders, The Basics: There are two types of Wheat most commonly traded… “Chicago Soft Red Winter (SRW) and KC Hard Red Winter (HRW) are the global industry standards for wheat. Chicago SRW Wheat is the most […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,61],"tags":[1329,144,1324],"class_list":["post-14179","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-futures-trading-2","tag-economic-report","tag-futures-trading-levels","tag-wheat-futures"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14179","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=14179"}],"version-history":[{"count":4,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14179\/revisions"}],"predecessor-version":[{"id":14189,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14179\/revisions\/14189"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=14179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=14179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=14179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}