{"id":15837,"date":"2020-02-05T13:23:27","date_gmt":"2020-02-05T21:23:27","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=15837"},"modified":"2020-02-27T13:09:35","modified_gmt":"2020-02-27T21:09:35","slug":"micro-nq-might-be-a-better-choice-in-this-volatility-than-nq-trading-levels-for-02-06-2020","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/micro-nq-might-be-a-better-choice-in-this-volatility-than-nq-trading-levels-for-02-06-2020\/","title":{"rendered":"MICRO NQ might be a better choice in this volatility than NQ+ Trading Levels for 02.06.2020"},"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<table class=\"galileo-ap-layout-editor\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\" editor-col OneColumnMobile\" align=\"\" valign=\"top\" width=\"100%\">\n<div class=\"gl-contains-text\">\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"editor-text editor-text \" align=\"left\" valign=\"top\">\n<div class=\"text-container galileo-ap-content-editor\">\n<div>\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\">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 noreferrer\">market alerts on Twitter!<\/a><\/div>\n<div><\/div>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"galileo-ap-layout-editor\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\" editor-col OneColumnMobile\" align=\"\" valign=\"top\" width=\"100%\">\n<div class=\"gl-contains-text\">\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"editor-text editor-text \" align=\"left\" valign=\"top\">\n<div><\/div>\n<div class=\"text-container galileo-ap-content-editor\">\n<div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div>Recent volatility, especially in the NQ futures is something else&#8230;.makes a great case for the MICRO NQ or the MNQ being 1\/10th of the size.<\/div>\n<div><\/div>\n<div>High to low today in the NQ was about $3000 per contract&#8230;.its a bit more manageable when the MNQ is $300 per contract difference between high to low&#8230;.<\/div>\n<div><\/div>\n<div>Position size is a BIG element of trading and the MICROS do help with that quite a bit especially for the ES and NQ ( MES and MNQ)<\/div>\n<div><\/div>\n<div>Feel free to reach out and chat about trading with your broker any time.<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">7 Most Effective Trading Setups<\/div>\n<div align=\"center\"><\/div>\n<div><a href=\"https:\/\/register.gotowebinar.com\/register\/2380023065386329346\" target=\"_blank\" rel=\"noopener noreferrer\">Join us for a webinar on Feb 11, 2020 at 10:00 AM PST.<\/a><\/div>\n<div align=\"center\"><a href=\"https:\/\/attendee.gotowebinar.com\/register\/2380023065386329346\" target=\"_blank\" rel=\"noopener noreferrer\">Register now!<\/a><\/div>\n<div>In this session, we\u2019ll take a look at what makes a good trading setup, then we\u2019ll look at Peter&#8217;s top 7 trading setups.<\/div>\n<div><\/div>\n<div>For each trading setup, we\u2019ll consider the following<\/div>\n<div><\/div>\n<div>&#8211; What the setup is<\/div>\n<div>&#8211; Which market conditions it works best in<\/div>\n<div>&#8211; Why the setup works<\/div>\n<div>&#8211; Who is on the wrong and right side of the trade if it works out<\/div>\n<div>&#8211; How to identify it\u2019s working out<\/div>\n<div>&#8211; How to identify if it\u2019s not working out<\/div>\n<div>&#8211; Typical Risk:Reward<\/div>\n<div><\/div>\n<div><\/div>\n<div><a href=\"https:\/\/register.gotowebinar.com\/register\/2380023065386329346\" target=\"_blank\" rel=\"noopener noreferrer\">SPACE is LIMITED, so reserve your space now!<\/a><\/div>\n<div><\/div>\n<div><\/div>\n<div>Risk: 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<\/div>\n<div>After registering, you will receive a confirmation email containing information about joining the webinar.<\/div>\n<div><\/div>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<table class=\"galileo-ap-layout-editor\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\" editor-col OneColumnMobile\" align=\"\" valign=\"top\" width=\"100%\">\n<div class=\"gl-contains-text\"><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"galileo-ap-layout-editor\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\" editor-col OneColumnMobile\" align=\"\" valign=\"top\" width=\"100%\">\n<div class=\"gl-contains-text\">\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"editor-text editor-text \" align=\"left\" valign=\"top\">\n<div><\/div>\n<div class=\"text-container galileo-ap-content-editor\">\n<div>\n<div align=\"center\">7 Most Effective Trading Setups<\/div>\n<div align=\"center\"><\/div>\n<div><a href=\"https:\/\/register.gotowebinar.com\/register\/2380023065386329346\" target=\"_blank\" rel=\"noopener noreferrer\">Join us for a webinar on Feb 11, 2020 at 10:00 AM PST.<\/a><\/div>\n<div align=\"center\"><a href=\"https:\/\/attendee.gotowebinar.com\/register\/2380023065386329346\" target=\"_blank\" rel=\"noopener noreferrer\">Register now!<\/a><\/div>\n<div>In this session, we\u2019ll take a look at what makes a good trading setup, then we\u2019ll look at Peter&#8217;s top 7 trading setups.<\/div>\n<div><\/div>\n<div>For each trading setup, we\u2019ll consider the following<\/div>\n<div><\/div>\n<div>&#8211; What the setup is<\/div>\n<div>&#8211; Which market conditions it works best in<\/div>\n<div>&#8211; Why the setup works<\/div>\n<div>&#8211; Who is on the wrong and right side of the trade if it works out<\/div>\n<div>&#8211; How to identify it\u2019s working out<\/div>\n<div>&#8211; How to identify if it\u2019s not working out<\/div>\n<div>&#8211; Typical Risk:Reward<\/div>\n<div><\/div>\n<div>What you will see is that although the setups are different, there\u2019s lots of things in common with them. Instead of learning 7 different skills, we are taking a few skills and applying them in different scenarios.<\/div>\n<div><\/div>\n<div>With these 7 setups, you would certainly expect to find multiple trades per day on most market, but patience is still key because we want to get in when conditions are just right.<\/div>\n<div><\/div>\n<div>For those looking for new setups or those looking to improve the way they confirm\/manage their existing setups \u2013 this webinar is for you.<\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><a href=\"https:\/\/register.gotowebinar.com\/register\/2380023065386329346\" target=\"_blank\" rel=\"noopener noreferrer\">SPACE is LIMITED, so reserve your space now!<\/a><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div>Risk: 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<\/div>\n<div>After registering, you will receive a confirmation email containing information about joining the webinar.<\/div>\n<div><\/div>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><strong>Futures Trading Levels<\/strong><\/h3>\n<p>02-06-2020<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/e612b9b0-937e-4e79-b6a6-aa3320665766.jpg\" alt=\"\" title=\"\"><\/p>\n<p><a href=\"https:\/\/www.cannontrading.com\/services\/TextAlerts\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"Futures Trading\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/81a83524-92d3-450a-b637-1247ec14e498.jpg\" alt=\"Futures Trading\" 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 decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/f49a1815-7396-4173-a38e-3d25f714db96.png\" alt=\"\" title=\"\"><\/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! Recent volatility, especially in the NQ futures is something else&#8230;.makes a great case for the MICRO NQ or the MNQ being 1\/10th of the size. High to low today [&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-15837","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\/15837","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=15837"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/15837\/revisions"}],"predecessor-version":[{"id":15838,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/15837\/revisions\/15838"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=15837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=15837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=15837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}