{"id":16572,"date":"2021-02-05T13:22:36","date_gmt":"2021-02-05T21:22:36","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=16572"},"modified":"2021-02-05T13:22:36","modified_gmt":"2021-02-05T21:22:36","slug":"weekly-newsletter-1038-improving-your-odds-w-trading-futures-silver-futures-wild-ride-support-and-resistance-levels-2-08-2021","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/weekly-newsletter-1038-improving-your-odds-w-trading-futures-silver-futures-wild-ride-support-and-resistance-levels-2-08-2021\/","title":{"rendered":"Weekly Newsletter #1038 Improving Your Odds w\/ Trading Futures?, Silver Futures Wild Ride & Support and Resistance Levels 2.08.2021"},"content":{"rendered":"

Cannon Futures Weekly Newsletter Issue # 1038<\/strong><\/h1>\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<\/div>\n<\/div>\n
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Trading 102: \u00a0Why do most futures traders lose money and how can you improve your odds?<\/div>\n
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Watch the 45-minute recorded webinar where Ilan shared some of his observations of why a large percentage of traders lose money trading futures.<\/div>\n
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*Reasons why most traders lose<\/div>\n
*Looking at tools you can utilize and improve your odds<\/div>\n
*Review different methods\/concepts of trading<\/div>\n
*Ilan shares many tidbits that can help variety of traders<\/div>\n
*Ilan answers questions<\/div>\n
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Watch the recorded 45-minute webinar which in our opinion contains some of the most valuable advise both new and advanced traders can utilize<\/a><\/div>\n<\/div>\n
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Silver Futures Went through a wild ride this past 2 weeks ( Reddit??)<\/strong><\/div>\n
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Volatility continues in Silver. We look at today\u2019s activity as a short-covering reversal of this week\u2019s wash-out selling spree. The price retreat found several justifications: higher equities, generally positive U.S. economic data, an upside continuation of dollar \u2013 to 2-month highs above 91.50 \u2013 and the highest US Treasury yields since last February. All these lent pressure to precious metals as traders moved risk to the attractiveness of higher returns in debt and equities<\/div>\n<\/div>\n
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Daily chart for review below,\u00a0click for a larger image.<\/a><\/div>\n
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Silver Futures Wild Ride contributed to Reddit?<\/figcaption><\/figure>\n<\/div>\n
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Good Trading<\/strong><\/div>\n<\/div>\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

2-08-2021<\/p>\n

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Weekly Levels<\/h2>\n

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Reports, First Notice (FN), Last trading (LT) Days for the Week:<\/h3>\n

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

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Date Reports\/Expiration Notice Dates<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\"MRCI<\/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 herein contained are derived from sources believed to be reliable but are not guaranteed as to accuracy, 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 judgment in tradin<\/p>\n","protected":false},"excerpt":{"rendered":"

Cannon Futures Weekly Newsletter Issue # 1038 Dear Traders, Like us on FaceBook! www.facebook.com\/CannonTrading Get Real Time updates and\u00a0market alerts on Twitter! Trading 102: \u00a0Why do most futures traders lose money and how can you improve your odds? Watch the 45-minute recorded webinar where Ilan shared some of his observations of why a large percentage […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,1379],"tags":[58,347,1417,1418,659],"class_list":["post-16572","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-weekly-newsletter","tag-day-trading-futures","tag-futures-trading-methods","tag-improving-day-trading","tag-reddit","tag-silver-futures"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16572","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=16572"}],"version-history":[{"count":4,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16572\/revisions"}],"predecessor-version":[{"id":16577,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16572\/revisions\/16577"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=16572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=16572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=16572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}