{"id":15916,"date":"2020-03-16T12:29:12","date_gmt":"2020-03-16T20:29:12","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=15916"},"modified":"2020-03-16T12:29:12","modified_gmt":"2020-03-16T20:29:12","slug":"margins-increase-on-futures-markets-rbob-silver-and-es-chart-for-review-trading-levels-3-17-2020","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/margins-increase-on-futures-markets-rbob-silver-and-es-chart-for-review-trading-levels-3-17-2020\/","title":{"rendered":"Margins Increase on Futures Markets, RBOB, Silver and ES Chart for Review & Trading Levels 3.17.2020"},"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

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Like us on FaceBook!<\/div>\n
www.facebook.com\/CannonTrading<\/a><\/div>\n<\/div>\n<\/div>\n
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Get Real Time updates and\u00a0market alerts on Twitter!<\/a><\/div>\n
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The recent volatility is of historical proportions!<\/div>\n
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A few monthly charts for your viewing pleasure below…..<\/div>\n
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ACROSS ALL MARKETS!!<\/div>\n
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More margins increase:<\/div>\n
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YM, $9075 –>\u00a0$10,670<\/div>\n
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NQ, $13,200 –>\u00a0$15,950<\/div>\n
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RTY, $5170 –> $6720<\/div>\n
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also RB, $5400 –> $6490<\/div>\n<\/div>\n
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I have a few points to make:<\/div>\n
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  1. Take a look at the below chart from 2008 of the mini SP, last time I remember volatility close to what we are seeing and you will see that the moves are not a straight line….don’t get over excited if you are long and market bounced your way or vise versa if you are short and the market is limit down….this volatility will play both sides and in MY OPINION this is not a market to just buy and hold using futures….You need to be able to react and adjust positions according to market action and sentiment.<\/li>\n
  2. By no means am I trying to imply that we can see a 50% correction like we saw back then BUT have respect for the market and the price action and\u00a0DON’T try to predict tops and bottoms….<\/li>\n
  3. Learn to reduce trading size. Perhaps trade smaller contracts like the micros.<\/li>\n
  4. Understand that loses are part of trading and this is definitely not a good time to “fight the markets”.<\/li>\n
  5. Focus more on risk management and ways to protect certain positions as needed.<\/li>\n
  6. Survive to trade another day.<\/li>\n
  7. If you can’t afford losing at times MORE than what is in your account, then you should not be trading.<\/li>\n
  8. NO TRADE IS BETTER THAN A BAD TRADE<\/li>\n<\/ol>\n<\/div>\n<\/div>\n

     <\/p>\n

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    LIMITS guidelines<\/a>\u00a0visit: https:\/\/www.cmegroup.com\/trading\/equity-index\/faq-sp-500-price-limits.html<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n
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    Overnight limit,\u00a0can’t trade below but can trade above.<\/div>\n
    -5%<\/div>\n
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    Intra day<\/div>\n
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    -7% Trading Halt 15 mins<\/div>\n
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    -13% Trading Halt 15 mins<\/div>\n
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    -20% Closed for rest of day<\/div>\n
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    PS: if you like access to the DIAMOND ALGOS shown in the charts below which are a proprietary tool that tries to predict turning points in the market,\u00a0visit the free trial.<\/a><\/div>\n
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    Monthly chart of Unleaded Gas<\/div>\n
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    Monthly chart of Silver Futures<\/div>\n
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    Monthly chart of SP cash index<\/div>\n
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    Good Trading<\/strong><\/h3>\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 when it comes to Futures Trading.<\/p>\n

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    Futures Trading Levels<\/strong><\/h3>\n

    03-17-2020<\/p>\n

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    Did you know?<\/div>\n
    <\/div>\n
    Cannon will\u00a0Match or Beat Your Current Commission Rates!<\/a><\/div>\n
    <\/div>\n
    Cannon offers o<\/a>ver 12 TRADING PLATFORMS\u00a0CLICK HERE<\/a>\u00a0for a demo<\/div>\n
    <\/div>\n
    Cannon offers\u00a0<\/a>extensive trading education for FREE<\/a>. Browse resources here<\/a>.<\/div>\n


    \n<\/a>Economic Reports, source:\u00a0<\/strong><\/h3>\n
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    https:\/\/bettertrader.co<\/a><\/div>\n<\/div>\n
    <\/div>\n<\/div>\n<\/div>\n

    \"\"<\/p>\n

    Order to buy or sell, but a current market view provided by 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":"

    ________________________________________________ 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! The recent volatility is of historical proportions! A few monthly charts for your viewing pleasure below….. ACROSS ALL MARKETS!! More margins increase: YM, $9075 –>\u00a0$10,670 NQ, $13,200 –>\u00a0$15,950 RTY, […]<\/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-15916","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\/15916","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=15916"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/15916\/revisions"}],"predecessor-version":[{"id":15917,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/15916\/revisions\/15917"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=15916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=15916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=15916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}