{"id":14832,"date":"2019-04-04T12:51:08","date_gmt":"2019-04-04T20:51:08","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14832"},"modified":"2019-05-07T10:24:10","modified_gmt":"2019-05-07T18:24:10","slug":"trading-101-ranking-market-events-support-resistance-4-05-2019","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-101-ranking-market-events-support-resistance-4-05-2019\/","title":{"rendered":"Trading 101: Ranking Market Events &#038; Support &#038; Resistance 4.05.2019"},"content":{"rendered":"<p><em><b><span style=\"font-family: 'Georgia',serif; color: #333333;\">____________________________________________________________________<\/span><\/b><\/em><\/p>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\"><em><b><span style=\"font-family: 'Georgia',serif; color: #333333;\">Voted #1 Blog and #1 Brokerage Services on\u00a0<a href=\"http:\/\/r20.rs6.net\/tn.jsp?f=001U36v1hvtg4O6nrUU85R1W6sfGPKX0ynnFA_D82LpdwBdzw7hFFBsXcDEWOPaVpkBRhG4iwIIEW8dl5sm-Zy6FHhgwdfYQHIB3uhsIL_ukid7tjqwraQ_BoF0xII0Paftq6h0c0xvDjjkGFYQaQXS_PzGm2ZRdaCn-W0INLJ9pmxzYrJ3TUyLrKnbAV5ra33oeleZTVoQEDQ=&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener\">TraderPlanet\u00a0<\/a>for 2016!!\u00a0\u00a0<\/span><\/b><\/em><\/p>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\"><em><b><span style=\"font-family: 'Georgia',serif; color: #333333;\">____________________________________________________________________<\/span><\/b><\/em><\/p>\n<p>Dear Traders,<\/p>\n<div align=\"left\">\n<div align=\"center\">\n<div align=\"center\">Like us on FaceBook!<\/div>\n<div align=\"center\"><a href=\"http:\/\/www.facebook.com\/CannonTrading\" target=\"_blank\" rel=\"noopener\" shape=\"rect\">www.facebook.com\/CannonTrading<\/a><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">Get Real Time updates and\u00a0<a href=\"https:\/\/twitter.com\/CannonTrading\" target=\"_blank\" rel=\"noopener\" shape=\"rect\">market alerts on Twitter!<\/a><\/div>\n<\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\"><\/div>\n<div>\n<div align=\"center\"><\/div>\n<div><\/div>\n<div><\/div>\n<div>\n<div>With NON FARM payroll report tomorrow morning, I thought this would be a good refresher&#8230;&#8230;.<\/div>\n<div><\/div>\n<div><\/div>\n<div>Trading 101: Ranking Market Events ( knowing what you don&#8217;t know&#8230;)<\/div>\n<div><\/div>\n<div>by: Cannon Trading Staff<\/div>\n<div><\/div>\n<div>Every trader has done it.\u00a0You&#8217;ve done it, your friends have done it, even your broker has done it at one point early in their career.<\/div>\n<div>Here\u2019s the scenario:<\/div>\n<div>You&#8217;ve finally finished your futures education at Cannon Trading Company. You&#8217;ve done you&#8217;re homework on\u00a0stops, limits, indicators and price movements for the market you&#8217;re trading. You&#8217;re ready to go, you enter your limit order and you wait.<\/div>\n<div><\/div>\n<div>**DING**<\/div>\n<div><\/div>\n<div>You get filled. Your heart rate picks up, a wry smile crosses your face and you begin to imagine the possibilities of the one trade you&#8217;re in: How much can I make? How much can I lose before it&#8217;s too much? You\u2019ve waited through months of technical trading and deep meditation to get here, and now it\u2019s finally paying off with one of your first trades in the live market. Sayonara paper trading; aloha live futures.<\/div>\n<div>Then, all of a sudden, the top of the hour hits and the market starts acting up. It&#8217;s getting more volatile and more volatile; it\u2019s picking up speed and taking an unforgiving turn against you.\u00a0You can\u2019t think straight, all you can think about is your losing position that could get worse and worse as the seconds go by. You race to put in a stop order, but you finally have to settle for a market order just to stop the bleeding. You stare.<\/div>\n<div><\/div>\n<div>**DING**<\/div>\n<div><\/div>\n<div>You\u2019re out of the market.\u00a0What the hell just happened?\u00a0You stare at the screen; did your indicators lie to you? Is your system faulty? Did you not listen to your broker? Well, probably not. But you&#8217;re down several handles, you\u2019ve lost some money and your pride is aching&#8230;<\/div>\n<div><\/div>\n<div align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/Knowing-what-you-dont-know-in-trading-Nat-gas-outlook#one\" target=\"_blank\" rel=\"noopener\">FULL ARTICLE HERE<\/a><\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">First Notice and Last Trading Days for April below:<\/div>\n<\/div>\n<div><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/fa85e6c5-59d6-451e-8927-255be5982673.gif\" alt=\"\" title=\"\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/bd0757ac-33a5-4a99-a7b1-d7ffc350aaa1.gif\" alt=\"\" title=\"\"><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.cannontrading.com\/services\/OptionsPremium\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/bdf6db09-7692-48a4-8450-9a8d7d5f2d31.jpg\" alt=\"\" title=\"\"><\/a><\/div>\n<div><\/div>\n<div><\/div>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\"><strong>Good Trading<\/strong><\/p>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\">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<p>&nbsp;<\/p>\n<p><strong>Futures Trading Levels<\/strong><\/p>\n<p>04-05-2019<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/4c708b7e-eef7-4d6a-9558-0ae553e2b65a.gif\" alt=\"\" title=\"\"><\/p>\n<p><a href=\"http:\/\/www.forexfactory.com\" target=\"_blank\" rel=\"noopener\"><br \/>\n<\/a><strong>Economic Reports, source:\u00a0<\/strong><\/p>\n<p><a href=\"https:\/\/bettertrader.co\/\" target=\"_blank\" rel=\"noopener\">bettertrader.co<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/b6a6aba6-e6db-48fb-8c78-c33e8e2fdc7b.png\" alt=\"\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<p>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":"<p>____________________________________________________________________ Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0for 2016!!\u00a0\u00a0 ____________________________________________________________________ Dear Traders, Like us on FaceBook! www.facebook.com\/CannonTrading Get Real Time updates and\u00a0market alerts on Twitter! With NON FARM payroll report tomorrow morning, I thought this would be a good refresher&#8230;&#8230;. Trading 101: Ranking Market Events ( knowing what you don&#8217;t know&#8230;) by: Cannon Trading [&hellip;]<\/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-14832","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\/14832","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=14832"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14832\/revisions"}],"predecessor-version":[{"id":14833,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14832\/revisions\/14833"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=14832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=14832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=14832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}