{"id":15832,"date":"2020-01-30T13:10:19","date_gmt":"2020-01-30T21:10:19","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=15832"},"modified":"2020-02-06T08:09:35","modified_gmt":"2020-02-06T16:09:35","slug":"micro-eminis-trading-levels-1-31-2020","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/micro-eminis-trading-levels-1-31-2020\/","title":{"rendered":"MICRO EMINIS &#038; Trading Levels 1.31.2020"},"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 noreferrer\" shape=\"rect\">www.facebook.com\/CannonTrading<\/a><\/div>\n<\/div>\n<\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<div>\n<div align=\"center\">\n<div align=\"center\">Get Real Time updates and\u00a0<a href=\"https:\/\/twitter.com\/CannonTrading\" target=\"_blank\" rel=\"noopener noreferrer\">market alerts on Twitter!<\/a><\/div>\n<div><\/div>\n<\/div>\n<div><\/div>\n<\/div>\n<div align=\"center\">\n<div align=\"center\">\n<div align=\"center\">\n<div>\n<div>\n<div align=\"center\">MICROS may be the answer for MANY of us&#8230;.<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">Low confidence? Not a large enough account size? Trying out a new strategy?<\/div>\n<div><\/div>\n<div>Nice first half a year for the MICROS so far, at least from volume perspective. the question is how much of the volume is from market makers and how much from retail clients?<\/div>\n<div>MICROS ES ( MES) traded approx. 533,000 contracts today!<\/div>\n<div>MICRO NQ ( MNQ) traded approx. 388,000 contracts today!<\/div>\n<div>MICRO YM ( MYM) traded approx. 84,850 contracts today!<\/div>\n<div>MICRO RTY, mini Russell 2000 (\u00a0M2K) traded approx. 55,000 contracts today!<\/div>\n<div><\/div>\n<div>Here are some thoughts ( my personal thoughts\u2026.):<\/div>\n<ul>\n<li>The MICROS are a good tool for perhaps hedging a trade you are in. Example, you are short ES, market going against you but you dont want to get stopped or get out, you buy x number of contracts to hedge x% of your current position.<\/li>\n<li>MICROS may be a good start for newcomers and smaller accounts.<\/li>\n<li>MICROS can be a nice transition from trading a demo account and before moving on to the standard size.<\/li>\n<li>MICROS may provide more flexibility for traders who like to average up and down\u2026..<\/li>\n<li>Last but not least, the MICROS could be a good way to initiate longer term positions with lower leverage.<\/li>\n<\/ul>\n<div><a href=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/micro-e-mini-futures-next-big-thing-equities-trading\/\" target=\"_blank\" rel=\"noopener noreferrer\">Either way, the MICROS have a few good things to offer as well as some pointers to understand,\u00a0read more\u2026..<\/a><\/div>\n<div><\/div>\n<div>If you are a current client,<a href=\"https:\/\/www.cannontrading.com\/company\/contact\" target=\"_blank\" rel=\"noopener noreferrer\">\u00a0contact your broker<\/a> and talk about the MICROS\/Micro Emini Futures.<\/div>\n<div>If you are not a client, it might be time to get your feet wet,\u00a0<a href=\"https:\/\/www.cannontrading.com\/open-account\" target=\"_blank\" rel=\"noopener noreferrer\">open an account today!<\/a>\u00a0with as little as $750.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">\n<div align=\"center\">\n<div align=\"center\">\n<div align=\"center\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div><\/div>\n<div><\/div>\n<h3 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><\/h3>\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, Micro Emini 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 when it comes to Futures Trading.<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Futures Trading Levels<\/strong><\/h3>\n<p>01-31-2020<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"Micro Emini Futures\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/c4a3a74f-cab7-4725-a3ab-b2007657b1f8.jpg\" alt=\"\" width=\"773\" height=\"725\"><\/p>\n<p><a href=\"https:\/\/www.cannontrading.com\/services\/TextAlerts\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"Micro Emini Futures\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/81a83524-92d3-450a-b637-1247ec14e498.jpg\" alt=\"Micro Emini Futures\" width=\"300\" height=\"600\" \/><\/a><\/p>\n<h3><a href=\"http:\/\/www.forexfactory.com\" target=\"_blank\" rel=\"noopener\"><br \/>\n<\/a><strong>Economic Reports, source:\u00a0<\/strong><\/h3>\n<div class=\"pagearrange__layout-row full\" data-row=\"1\">\n<div class=\"pagearrange__layout-column pagearrange__layout-column--full full\" data-column=\"0\">\n<div class=\"pagearrange__layout-cell\" data-cell=\"0\" data-compid=\"Calendar_Copy1\">\n<div class=\"flexBox calendar\" data-more=\"0\" data-initcallback=\"calendar\" data-updatecallback=\"calendar\" data-visiblejs=\"[]\" data-disablejs=\"[]\"><a href=\"https:\/\/bettertrader.co\" target=\"_blank\" rel=\"noopener\">https:\/\/bettertrader.co<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"Micro Emini Futures\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/9a9ede56-8a88-4f22-b0c6-fbf3d8e0e1ab.png\" alt=\"Micro Emini Futures\" width=\"600\" height=\"1064\" \/><\/p>\n<p>This is not a solicitation of any order to buy or sell, but a current market view provided by <a href=\"https:\/\/www.cannontrading.com\/company\/about\">Cannon 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.<\/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! MICROS may be the answer for MANY of us&#8230;. Low confidence? Not a large enough account size? Trying out a new strategy? Nice first half a year for the [&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-15832","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\/15832","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=15832"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/15832\/revisions"}],"predecessor-version":[{"id":15841,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/15832\/revisions\/15841"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=15832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=15832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=15832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}