{"id":14403,"date":"2018-07-05T12:08:50","date_gmt":"2018-07-05T20:08:50","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14403"},"modified":"2018-07-05T12:08:50","modified_gmt":"2018-07-05T20:08:50","slug":"learning-accept-losses-support-resistance-levels-7-06-2018","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/learning-accept-losses-support-resistance-levels-7-06-2018\/","title":{"rendered":"Learning to Accept Losses + Support & Resistance Levels 7.06.2018"},"content":{"rendered":"

____________________________________________________________________<\/span><\/b><\/em><\/p>\n

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

____________________________________________________________________<\/span><\/b><\/em><\/p>\n

Dear Traders,<\/p>\n

\n
Like us on Facebook!<\/div>\n
www.facebook.com\/CannonTrading<\/a><\/div>\n
<\/div>\n
\n
\n
\n
\n
One of the Most Important ( and often overlooked….) Aspects of Day Trading – Learn to Accept Losses<\/strong><\/div>\n
By: Ilan Levy-Mayer, Cannon Trading Commodities Broker & VP<\/div>\n
\n
<\/div>\n
I am frequently asked, (and many times I ask myself) about the keys to trading success in general and futures trading in specific. The list is long and, to be honest, it is not an exact science<\/div>\n<\/div>\n
\n
<\/div>\n
\n
Successful trading is a mix of art and math, personality and discipline and much more in between. also be honest, I have seen many different ways to make money in the futures and commodities world. I saw and still see clients trade and make money.<\/div>\n<\/div>\n<\/div>\n
<\/div>\n
To read the remaining article please\u00a0click here<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n
<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n
\n
\n
\n
<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\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

07-06-2018<\/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 September 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>\n2776.67<\/td>\n7273.17<\/td>\n24675<\/td>\n1713.10<\/td>\n6897.17<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2758.08<\/td>\n7200.08<\/td>\n24520<\/td>\n1699.20<\/td>\n6796.36<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2747.92<\/td>\n7161.17<\/td>\n24425<\/td>\n1691.80<\/td>\n6648.72<\/td>\n<\/tr>\n
Pivot<\/td>\n2729.33<\/td>\n7088.08<\/td>\n24270<\/td>\n1677.90<\/td>\n6547.91<\/td>\n<\/tr>\n
Support 1<\/td>\n2719.17<\/td>\n7049.17<\/td>\n24175<\/td>\n1670.50<\/td>\n6400.27<\/td>\n<\/tr>\n
Support 2<\/td>\n2700.58<\/td>\n6976.08<\/td>\n24020<\/td>\n1656.60<\/td>\n6299.46<\/td>\n<\/tr>\n
Support 3<\/td>\n2690.42<\/td>\n6937.17<\/td>\n23925<\/td>\n1649.20<\/td>\n6151.82<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nAugust Gold #GC_F<\/td>\nSept. Silver #SI-F<\/td>\nAug. Crude Oil #CL-F<\/td>\nSept.\u00a0 Bonds\u00a0 #ZB_F<\/td>\nSept.\u00a0 Euro #6E_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1272.8<\/td>\n16.41<\/td>\n76.79<\/td>\n146 24\/32<\/td>\n1.1884<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1267.6<\/td>\n16.30<\/td>\n75.84<\/td>\n146\u00a0 8\/32<\/td>\n1.1833<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1262.6<\/td>\n16.19<\/td>\n74.42<\/td>\n145 29\/32<\/td>\n1.1793<\/td>\n<\/tr>\n
Pivot<\/td>\n1257.4<\/td>\n16.08<\/td>\n73.47<\/td>\n145 13\/32<\/td>\n1.1742<\/td>\n<\/tr>\n
Support 1<\/td>\n1252.4<\/td>\n15.96<\/td>\n72.05<\/td>\n145\u00a0 2\/32<\/td>\n1.1702<\/td>\n<\/tr>\n
Support 2<\/td>\n1247.2<\/td>\n15.85<\/td>\n71.10<\/td>\n144 18\/32<\/td>\n1.1651<\/td>\n<\/tr>\n
Support 3<\/td>\n1242.2<\/td>\n15.74<\/td>\n69.68<\/td>\n144\u00a0 7\/32<\/td>\n1.1611<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDec.\u00a0 Corn #ZC_F<\/td>\nSept. Wheat #ZW_F<\/td>\nNov. Beans #ZS_F<\/td>\nDec. SoyMeal #ZM_F<\/td>\nAug. Nat Gas #NG_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n376.3<\/td>\n522.5<\/td>\n876.17<\/td>\n331.53<\/td>\n2.95<\/td>\n<\/tr>\n
Resistance 2<\/td>\n373.2<\/td>\n515.5<\/td>\n871.58<\/td>\n329.77<\/td>\n2.92<\/td>\n<\/tr>\n
Resistance 1<\/td>\n368.8<\/td>\n510.5<\/td>\n863.67<\/td>\n326.83<\/td>\n2.88<\/td>\n<\/tr>\n
Pivot<\/td>\n365.7<\/td>\n503.5<\/td>\n859.08<\/td>\n325.07<\/td>\n2.85<\/td>\n<\/tr>\n
Support 1<\/td>\n361.3<\/td>\n498.5<\/td>\n851.2<\/td>\n322.1<\/td>\n2.8<\/td>\n<\/tr>\n
Support 2<\/td>\n358.2<\/td>\n491.5<\/td>\n846.58<\/td>\n320.37<\/td>\n2.78<\/td>\n<\/tr>\n
Support 3<\/td>\n353.8<\/td>\n486.5<\/td>\n838.67<\/td>\n317.43<\/td>\n2.73<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

https:\/\/www.forexfactory.com<\/a><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n3:07pm<\/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
FriJul 6<\/span><\/td>\n<\/a>\u00a02:00am<\/span><\/td>\nEUR<\/td>\n\n
<\/div>\n<\/td>\n
\n
German Industrial Production m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.3%<\/td>\n-1.0%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:45am<\/td>\nEUR<\/td>\n\n
<\/div>\n<\/td>\n
\n
French Trade Balance<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n-5.1B<\/td>\n-5.0B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:30am<\/td>\nGBP<\/td>\n\n
<\/div>\n<\/td>\n
\n
Halifax HPI m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.3%<\/td>\n1.5%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n\n
<\/div>\n<\/td>\n
\n
Italian Retail Sales m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.4%<\/td>\n-0.7%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
\n
Average Hourly Earnings m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.3%<\/td>\n0.3%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
\n
Non-Farm Employment Change<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n195K<\/td>\n223K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
\n
Unemployment Rate<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n3.8%<\/td>\n3.8%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
\n
Trade Balance<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n-43.6B<\/td>\n-46.2B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
\n
Natural Gas Storage<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n76B<\/td>\n66B<\/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 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\u00a0TraderPlanet\u00a0for 2016!!\u00a0\u00a0 ____________________________________________________________________ Dear Traders, Like us on Facebook! www.facebook.com\/CannonTrading One of the Most Important ( and often overlooked….) Aspects of Day Trading – Learn to Accept Losses By: Ilan Levy-Mayer, Cannon Trading Commodities Broker & VP I am frequently asked, (and many times I ask myself) […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[],"class_list":["post-14403","post","type-post","status-publish","format-standard","hentry","category-future-trading-news"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14403","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=14403"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14403\/revisions"}],"predecessor-version":[{"id":14405,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14403\/revisions\/14405"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=14403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=14403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=14403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}