{"id":17060,"date":"2021-08-25T12:03:38","date_gmt":"2021-08-25T20:03:38","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=17060"},"modified":"2021-08-25T12:03:38","modified_gmt":"2021-08-25T20:03:38","slug":"ranking-market-events-and-support-resistance-levels-8-26-2021","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/ranking-market-events-and-support-resistance-levels-8-26-2021\/","title":{"rendered":"Ranking Market Events and Support &#038; Resistance Levels 8.26.2021"},"content":{"rendered":"<p>Dear Traders,<\/p>\n<div style=\"text-align: center;\">\n<div>Get Real Time updates and\u00a0more on our private FB group!<\/div>\n<div><a href=\"http:\/\/r20.rs6.net\/tn.jsp?f=001KRg6On04gjknOfysn89cEhkyXgAxXigZc1_AdekBblRz4Cwp2yofkpGH8rpms9Q30D0wjhFS1q8yG11pQf1KRy2bpIyH4uwMgzWcI-wb74TdqgA-DQitbpTeoWmib8qwdH8ve86kM_6EWihst10TitotvFRrtw2C0HgnNGJLkXUXb6ec7AaQGNxU6EuLQxHI&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n<div><img decoding=\"async\" class=\"global_separator\" title=\"Separator\" src=\"\/css\/images\/global\/separator_620.png\" alt=\"Separator\" \/><\/div>\n<div style=\"text-align: center;\"><\/div>\n<div>\n<h2 style=\"text-align: center;\">Trading 101: Ranking Market Events ( knowing what you don&#8217;t know&#8230;)<\/h2>\n<div style=\"text-align: center;\" align=\"justify\">by: Cannon Trading Staff<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">Every trader has done it.\u00a0You&#8217;ve done it, your friends have done it, even your broker has done it at one point early in their career.<\/div>\n<div align=\"justify\">Here\u2019s the scenario:<\/div>\n<div align=\"justify\">You&#8217;ve finally finished your futures education at Cannon Trading Company. You&#8217;ve done you&#8217;re homework on\u00a0stops, limits, indicators and price movements for the market you&#8217;re trading. You&#8217;re ready to go, you enter your limit order and you wait.<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">**DING**<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">You get filled. Your heart rate picks up, a wry smile crosses your face and you begin to imagine the possibilities of the one trade you&#8217;re in: How much can I make? How much can I lose before it&#8217;s too much? You\u2019ve waited through months of technical trading and deep meditation to get here, and now it\u2019s finally paying off with one of your first trades in the live market. Sayonara paper trading; aloha live futures.<\/div>\n<div align=\"justify\">Then, all of a sudden, the top of the hour hits and the market starts acting up.\u00a0It&#8217;s getting more volatile and more volatile; it\u2019s picking up speed and taking an unforgiving turn against you.\u00a0You can\u2019t think straight, all you can think about is your losing position that could get worse and worse as the seconds go by. You race to put in a stop order, but you finally have to settle for a market order just to stop the bleeding. You stare.<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">**DING**<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">You\u2019re out of the market.\u00a0What the hell just happened?\u00a0You stare at the screen; did your indicators lie to you? Is your system faulty? Did you not listen to your broker? Well, probably not. But you&#8217;re down several handles, you\u2019ve lost some money and your pride is aching&#8230;<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/Ranking-market-events-knowing-what-you-dont-know-crude-oil-flirting-major-support#one\" target=\"_blank\" rel=\"noopener noreferrer\">FINISH READING ARTICLE<\/a><\/div>\n<\/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, 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><strong>8-26-2021<\/strong><\/p>\n<div style=\"text-align: left;\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/7dd51e47-98f2-4893-8c7f-a90e487f2087.png\" alt=\"\" title=\"\"><\/div>\n<h3><\/h3>\n<h3><strong>Economic Reports, source:\u00a0<\/strong><\/h3>\n<p><a href=\"https:\/\/www.forexfactory.com\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-segment-action=\"add\" data-segment-id=\"436d64a0-dd7d-11e3-91c2-d4ae529a8639\">\u00a0<\/a><a href=\"https:\/\/www.bettertrader.co\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.BetterTrader.co<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/17cb8f29-4b63-41ed-a663-c2ada429bcb1.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 here in 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 judgement in trading as well as options on futures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear Traders, Get Real Time updates and\u00a0more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ Trading 101: Ranking Market Events ( knowing what you don&#8217;t know&#8230;) by: Cannon Trading Staff Every trader has done it.\u00a0You&#8217;ve done it, your friends have done it, even your broker has done it at one point early in their career. Here\u2019s the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[],"class_list":["post-17060","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\/17060","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=17060"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17060\/revisions"}],"predecessor-version":[{"id":17061,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17060\/revisions\/17061"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=17060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=17060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=17060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}