{"id":16271,"date":"2020-09-21T12:29:35","date_gmt":"2020-09-21T20:29:35","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=16271"},"modified":"2021-02-03T06:46:56","modified_gmt":"2021-02-03T14:46:56","slug":"5-big-mistakes-beginners-should-avoid-making-es-daily-chart-futures-levels-9-22-2020","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/5-big-mistakes-beginners-should-avoid-making-es-daily-chart-futures-levels-9-22-2020\/","title":{"rendered":"Top 5 Mistakes Beginners Should Avoid Making + ES Daily Chart & Futures Levels 9.22.2020"},"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

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Dear Traders,<\/p>\n

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Trading 101: Top 5 Trading Mistakes Beginners Should Avoid Making<\/strong><\/div>\n
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Trading Futures Is A Tough Business, Especially Because There Are Many Different Trading Mistakes, But If You Are One Of The Very Few That Can Succeed, This Could Be A Lucrative Business As Well<\/div>\n
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I have seen quite a bit since I became a broker in 1998. Some war stories to share about the markets, some crazy moves and much more in between. I was trading futures with clients on the sad Sept. 11th\u00a02001 day when the planes hit and the markets were plunging before they were closed for almost a week. I witnessed the meat contracts making limit up and limit down moves over the years and much more\u2026..<\/div>\n
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As a commodity broker I have observed MANY traders, many of them were new traders, and this allows me to share with you some valuable observations I hope will help you start your futures trading journey on a much smoother road than most.<\/div>\n
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Here are the FIVE CRUCIAL TRADING MISTAKES you need to avoid!<\/div>\n
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….Read More by clicking here<\/a><\/div>\n<\/div>\n<\/div>\n
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I shared the Mini\u00a0SP 500 chart\u00a0below this past Friday on our weekly newsletter. You can see the\u00a0chart and outlook provided last week HERE.<\/a><\/div>\n
Below is the updated chart after today’s price action for your review –\u00a0click here to enlarge image.<\/a><\/div>\n
3308 is now first resistance above. 3127 major support below as well as the 3180’s level which were the lows at the end of July.<\/div>\n<\/div>\n
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\"trading<\/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

9-22-2020<\/p>\n

\"Trading<\/p>\n

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Economic Reports, source:\u00a0<\/strong><\/h3>\n

https:\/\/forexfactory.com<\/a><\/p>\n

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\"Trading<\/p>\n

This is not a solicitation of any 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! Trading 101: Top 5 Trading Mistakes Beginners Should Avoid Making Trading Futures Is A Tough Business, Especially Because There Are Many Different Trading Mistakes, But If You Are One […]<\/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-16271","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\/16271","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=16271"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16271\/revisions"}],"predecessor-version":[{"id":16557,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16271\/revisions\/16557"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=16271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=16271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=16271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}