{"id":17329,"date":"2021-12-01T13:32:41","date_gmt":"2021-12-01T21:32:41","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=17329"},"modified":"2021-12-01T13:32:41","modified_gmt":"2021-12-01T21:32:41","slug":"very-volatile-trading-day-in-the-futures-markets-support-and-resistance-levels-12-02-2021","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/very-volatile-trading-day-in-the-futures-markets-support-and-resistance-levels-12-02-2021\/","title":{"rendered":"VERY VOLATILE Trading Day in the Futures Markets &#038; Support and Resistance Levels 12.02.2021"},"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\">\n<h1 align=\"justify\">If the first day of December is any indication of what&#8217;s to come&#8230;.then watch out because it was a VERY VOLATILE day.<\/h1>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">While risking sounding like a broken record,.. I must share the below once again &#8211; you need to adjust your thinking , action and discipline or risk blowing up your account if caught in any of the following:<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">Not being focused<\/div>\n<div align=\"justify\">not using stops<\/div>\n<div align=\"justify\">revenge trading<\/div>\n<div align=\"justify\">hoping<\/div>\n<div align=\"justify\">doubling down<\/div>\n<div align=\"justify\">etc.<\/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; LIMIT PRICE MOVES<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.cmegroup.com\/trading\/price-limits.html\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.cmegroup.com\/trading\/price-limits.html<\/a><\/div>\n<\/div>\n<div><\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/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>12-02-2021<\/p>\n<div><\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/bec2649b-43be-4d2a-866f-3f72a7e636a6.png\" alt=\"Support and Resistance Levels 12.02.2021\" width=\"694\" height=\"635\" title=\"\"><\/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=\"[]\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/1631a0b3-b5ef-4917-b651-e071ee63ea0b.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\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\/ If the first day of December is any indication of what&#8217;s to come&#8230;.then watch out because it was a VERY VOLATILE day. While risking sounding like a broken record,.. I must share the below once again &#8211; you need to adjust [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[358,67],"tags":[877,801,50,515,1441,537],"class_list":["post-17329","post","type-post","status-publish","format-standard","hentry","category-futures-trading-education","category-future-trading-news","tag-future-trading-volatility","tag-futures-trading-volatility","tag-high-volatility","tag-market-volatility","tag-volatility-futures-index","tag-volatility-in-the-markets"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17329","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=17329"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17329\/revisions"}],"predecessor-version":[{"id":17330,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17329\/revisions\/17330"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=17329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=17329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=17329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}