{"id":17323,"date":"2021-11-30T13:24:25","date_gmt":"2021-11-30T21:24:25","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=17323"},"modified":"2021-11-30T13:24:25","modified_gmt":"2021-11-30T21:24:25","slug":"risk-trade-management-in-volatile-markets-nq-chart-review-support-and-resistance-levels-12-01-2021","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/risk-trade-management-in-volatile-markets-nq-chart-review-support-and-resistance-levels-12-01-2021\/","title":{"rendered":"Risk &#038; Trade Management in Volatile Markets, NQ Chart review &#038; Support and Resistance Levels 12.01.2021"},"content":{"rendered":"<p>Dear Futures Trader,<\/p>\n<div style=\"text-align: center;\">\n<div><\/div>\n<\/div>\n<div>\n<div><\/div>\n<div style=\"text-align: center;\">Get Real Time updates and\u00a0more on our private FB group!<\/div>\n<div style=\"text-align: center;\"><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 style=\"text-align: center;\"><\/div>\n<div><\/div>\n<div style=\"text-align: center;\"><\/div>\n<div align=\"center\">\n<div align=\"justify\">On Friday, Omicron, the new COVID-19 variant took the oxygen out of newsrooms. Detected first in South Africa, this mutation is being described as potentially more contagious than the Delta variant. It is unknown whether the currently available vaccines will provide protection from it.<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">On Monday the markets shrugged the news and bounced hard&#8230;.<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">Today, Tuesday fear, greed and everything in between took over again and we witnessed strong sell off across different markets with high volatility in many segments:<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">Stock indices, rates, grains, softs, energies&#8230;..<\/div>\n<div><\/div>\n<div>See 30 minute chart of the Mini NASDAQ from today below. In less than one hour, the difference from high to low was approximately $7750!! That is extreme leverage and can be a double edge sword&#8230;..This is when possibly trading smaller size, like 1-2 MICRO NQ may be a better fit for smaller accounts.<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.cannontrading.com\/tools\/survivor-day-trader\" target=\"_blank\" rel=\"noopener noreferrer\">Risk management and trade management become more important than buy\/sell signals.<\/a><\/div>\n<div><\/div>\n<ol>\n<li>Learn to reduce trading size. Perhaps trade smaller contracts like the micros.<\/li>\n<li>Adjust stops and entries based on volatility ( ATR\/ Parabolics).<\/li>\n<li>Be extra picky on entries without chasing trades.<\/li>\n<li>Understand that loses are part of trading and this is definitely not a good time to \u201cfight the markets\u201d.<\/li>\n<li>Focus more on risk management and ways to protect certain positions as needed. Survive to trade another day.<\/li>\n<li>Consider possibly utilizing short term options rather than futures.<\/li>\n<\/ol>\n<div><\/div>\n<div><\/div>\n<div>Useful link, just in case &#8211; -Example, cotton was down limit today, only sellers, no buyers&#8230;.:<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.cmegroup.com\/trading\/price-limits.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.cmegroup.com\/trading\/price-limits.html\u00a0<\/a><\/div>\n<div><\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"eMini NQ 30 minute chart\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/b0e472d3-72df-44aa-a489-2ceb75524552.png\" alt=\"eMini NQ 30 minute chart\" width=\"912\" height=\"960\" \/><\/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>12-01-2021<\/p>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/06885db1-201e-4e7c-9724-822b25a30c02.png\" alt=\"Futures Support and Resistance Trading Levels 12.01.2021\" width=\"695\" height=\"644\" title=\"\"><\/div>\n<p>&nbsp;<\/p>\n<h3><a href=\"http:\/\/www.forexfactory.com\" target=\"_blank\" rel=\"noopener\"><br \/>\n<\/a><strong>Economic Reports, source:\u00a0<\/strong><\/h3>\n<p><a href=\"https:\/\/bettertrader.co\/\" target=\"_blank\" rel=\"noopener\">https:\/\/bettertrader.co\/\u00a0<\/a><\/p>\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=\"flexShell\">\n<div id=\"flexBox_flex_calendar_mainCalCopy1\" class=\"flexBox calendar\" data-more=\"0\" data-initcallback=\"calendar\" data-updatecallback=\"calendar\" data-visiblejs=\"[]\" data-disablejs=\"[]\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/b8ddfb02-35dd-4dfd-8274-b66ce3e30fa8.png\" alt=\"\" title=\"\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/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>Dear Futures Trader, Get Real Time updates and\u00a0more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ On Friday, Omicron, the new COVID-19 variant took the oxygen out of newsrooms. Detected first in South Africa, this mutation is being described as potentially more contagious than the Delta variant. It is unknown whether the currently available vaccines will provide [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,235,344],"tags":[88,677,1311,1407,89,812,374,1155,92],"class_list":["post-17323","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-index-futures","category-indices","tag-e-mini-nasdaq","tag-e-mini-nasdaq-100-future-trading","tag-e-mini-nasdaq-100-chart","tag-emini-nq","tag-enq-e-mini-sp-100","tag-heiken-ashi-mini-nasdaq-futures-chart","tag-mini-nasdaq","tag-mini-nasdaq-chart","tag-mini-nasdaq-futures"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17323","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=17323"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17323\/revisions"}],"predecessor-version":[{"id":17326,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17323\/revisions\/17326"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=17323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=17323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=17323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}