{"id":17930,"date":"2022-08-19T12:14:39","date_gmt":"2022-08-19T20:14:39","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=17930"},"modified":"2022-08-19T12:14:39","modified_gmt":"2022-08-19T20:14:39","slug":"weekly-newsletter-1111-when-to-exit-a-trade-futures-support-resistance-levels-for-the-week-ahead","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/weekly-newsletter-1111-when-to-exit-a-trade-futures-support-resistance-levels-for-the-week-ahead\/","title":{"rendered":"Weekly Newsletter 1111: When to Exit a Trade? Futures Support Resistance Levels for the Week Ahead"},"content":{"rendered":"<h3 style=\"text-align: center;\"><strong>Cannon Futures Weekly Newsletter Issue # 1111<\/strong><\/h3>\n<p>Dear Traders,<\/p>\n<div align=\"left\">\n<div align=\"center\">\n<div align=\"center\">Like us on FaceBook!<\/div>\n<div align=\"center\"><a href=\"http:\/\/www.facebook.com\/CannonTrading\" target=\"_blank\" rel=\"noopener noreferrer\" shape=\"rect\">www.facebook.com\/CannonTrading<\/a><\/div>\n<\/div>\n<\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<div align=\"center\">\n<div align=\"center\">Get Real Time updates and\u00a0<a href=\"https:\/\/twitter.com\/CannonTrading\" target=\"_blank\" rel=\"noopener noreferrer\">market alerts on Twitter!<\/a><\/div>\n<\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<h3><\/h3>\n<h3>Exiting a Trade might be more important than the entry\u2026.<\/h3>\n<div><\/div>\n<div>\u201cYou Must Understand That There Is More Than One Path To The Top Of The Mountain.\u201d- Miyamoto Musashi, A Book Of Five Rings: The Classic Guide To Strategy<\/div>\n<div><\/div>\n<div align=\"justify\">Futures and futures <a href=\"https:\/\/www.cannontrading.com\/tools\/education-futures-options-trading-101\">options trading<\/a> is a challenging activity. More so for those traders who look to trading as an occupation. So much thinking, contemplating, planning goes into trading \u2013 related to the markets you\u2019re trading, the strategies that get implemented, the possible risk\/reward outcomes. For someone new to trading, seeing the sum total of all the parts may be a lot to take in. Veteran traders will tell you the full picture keeps changing and can be daunting often.<\/div>\n<div align=\"justify\">When trading goes well, the trader\u2019s energy and overall outlook is powerful, optimistic and energizing for other aspects of life. When trading goes unsuccessfully, most traders feel the pain in many ways outside of the obvious financial consequences.<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">Whether you\u2019re a day trader, a position trader, <a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/trading-futures-spreads-important-strategy-on-spread-trading#two\">a spread trader<\/a>, or an option trader, some of the mental challenges and the questions to go with them are constant:<\/div>\n<div align=\"justify\"><\/div>\n<ul>\n<li>Where, When and how do I enter a trade?<\/li>\n<li>How do I define risk and implement any type of risk control, like placing stop orders, or implementing some sort of option protection?<\/li>\n<li>Where and how do I exit a trade, both in the event of a profitable trade and an unsuccessful one?<\/li>\n<\/ul>\n<div align=\"center\"><\/div>\n<div align=\"justify\"><\/div>\n<div align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/Different-Ways-to-Exit-Futures-markets-and-Commodities-Trades\" target=\"_blank\" rel=\"noopener noreferrer\">Finish reading Article Along with Chart Samples<\/a><\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<p><a href=\"https:\/\/www.cannontrading.com\/software\/qt-market-center\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/265bf91c-b9c7-4ab2-89e6-49fe78ab901c.jpg\" alt=\"\" title=\"\"><\/a><\/p>\n<\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<table class=\"poll-question\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"editor-text\" align=\"left\" valign=\"top\">\n<div><span data-entity-ref=\"POLL.ca-1579900944802.question_1_text\">Would you like to get daily support &amp; resistance levels?<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\">\n<table class=\"poll-answer\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"editor-text\" align=\"left\" valign=\"middle\">\n<div><span data-entity-ref=\"POLL.ca-1579900944802.question_1_choice_1_text\">Yes<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"poll-button\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"right\" bgcolor=\"#3661BD\">\n<tbody>\n<tr>\n<td align=\"center\" valign=\"top\">\n<div><a href=\"https:\/\/campaignlp.constantcontact.com\/forms\/response?id=tiLlM7NobJmOjaKfyyForBFmeH3eO8r7uguqw3z-lzJNdytjafdXsxKL2wGcnTBOXTKPJ5hqbu4fKuLANpqKZGvjZ29XzIzt8enAnMyeMD1ALsp-3GP08waUa2LYjOk1JY7rTMhEXfhMRnCti1Ufiasb2AkZEiw0v9sD3kCb_50FFhOADgvhpu9SdUDhcyRFuzWk_BooTyXFYMefTsr-aw&amp;encVer=1&amp;c=&amp;ch=&amp;mode=preview\" target=\"_blank\" rel=\"noopener\">Select<\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"divider-base divider-dashed\" align=\"center\" valign=\"top\" width=\"100%\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td align=\"center\" height=\"1\">\n<div><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/imgssl.constantcontact.com\/letters\/images\/1101116784221\/S.gif\" alt=\"\" width=\"5\" height=\"1\" border=\"0\" hspace=\"0\" vspace=\"0\" title=\"\"><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\">\n<table class=\"poll-answer\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"editor-text\" align=\"left\" valign=\"middle\">\n<div><span data-entity-ref=\"POLL.ca-1579900944802.question_1_choice_2_text\">No<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"poll-button\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"right\" bgcolor=\"#3661BD\">\n<tbody>\n<tr>\n<td align=\"center\" valign=\"top\">\n<div><a href=\"https:\/\/campaignlp.constantcontact.com\/forms\/response?id=tiLlM7NobJmOjaKfyyForBFmeH3eO8r7uguqw3z-lzJNdytjafdXsxKL2wGcnTBOXTKPJ5hqbu4fKuLANpqKZGvjZ29XzIzt8enAnMyeMD1ALsp-3GP08waUa2LYjOk1JY7rTMhEXfhMRnCti1Ufiasb2AkZEiw0v9sD3kCb_50FFhOADgvhpu9SdUDhcyRFuzWk_BooTyXXN6S9LkQxSg&amp;encVer=1&amp;c=&amp;ch=&amp;mode=preview\" target=\"_blank\" rel=\"noopener\">Select<\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div><\/div>\n<div style=\"text-align: left;\">\n<div style=\"text-align: left;\"><strong style=\"text-align: start;\">Good Trading<\/strong><\/div>\n<\/div>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: left; 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<h3 style=\"text-align: left;\"><strong>Futures Trading Levels<\/strong><\/h3>\n<p style=\"text-align: left;\">08-16-2022<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/feba5d72-5f92-46fe-b637-77848f882f84.jpg\" alt=\"Support Resistance Levels 8.19.2022\" width=\"612\" height=\"745\" title=\"\"><\/p>\n<h2 style=\"text-align: left;\">Weekly Levels<\/h2>\n<h3><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/f65df6cf-bc78-4901-ad2c-d3240c8dca46.jpg\" alt=\"Futures Trading Levels\" width=\"615\" height=\"352\" title=\"\"><\/h3>\n<p>&nbsp;<\/p>\n<h3 style=\"text-align: left;\">Reports, First Notice (FN), Last trading (LT) Days for the Week:<\/h3>\n<p style=\"text-align: left;\"><a href=\"https:\/\/mrci.com\" target=\"_blank\" rel=\"noopener\">https:\/\/mrci.com<\/a><\/p>\n<div class=\"pagearrange__layout-row full\" style=\"text-align: left;\" 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\">Date Reports\/Expiration Notice Dates<\/div>\n<div><\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/ffdfa5c9-09fd-495f-b275-440614d3c38a.jpg\" alt=\"MRCI Reports\" width=\"617\" height=\"637\" title=\"\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p style=\"text-align: left;\">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 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 trading<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cannon Futures Weekly Newsletter Issue # 1111 Dear Traders, Like us on FaceBook! www.facebook.com\/CannonTrading Get Real Time updates and\u00a0market alerts on Twitter! Exiting a Trade might be more important than the entry\u2026. \u201cYou Must Understand That There Is More Than One Path To The Top Of The Mountain.\u201d- Miyamoto Musashi, A Book Of Five Rings: [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,358,1379],"tags":[],"class_list":["post-17930","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-futures-trading-education","category-weekly-newsletter"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17930","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=17930"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17930\/revisions"}],"predecessor-version":[{"id":17933,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17930\/revisions\/17933"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=17930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=17930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=17930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}