{"id":18768,"date":"2023-07-28T12:10:29","date_gmt":"2023-07-28T20:10:29","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=18768"},"modified":"2023-07-28T12:10:29","modified_gmt":"2023-07-28T20:10:29","slug":"weekly-newsletter-price-confirmation-filters-out-bad-trades-levels-for-july-31st","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/weekly-newsletter-price-confirmation-filters-out-bad-trades-levels-for-july-31st\/","title":{"rendered":"Weekly Newsletter: Price Confirmation Filters out &#8220;bad trades&#8221;? + Levels for July 31st"},"content":{"rendered":"<h3 style=\"text-align: center;\"><strong>Cannon Futures Weekly Newsletter Issue # 1156<\/strong><\/h3>\n<p>&nbsp;<\/p>\n<p>Join our\u00a0<a href=\"https:\/\/www.facebook.com\/groups\/1105191589938254\" target=\"_blank\" rel=\"noopener noreferrer\">private Facebook group\u00a0<\/a>for additional insight into trading and the futures markets!<\/p>\n<p>Have a safe Memorial Day Weekend.\u00a0<a href=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/memorial-day-2023-holiday-schedule-for-cme-globex-and-ice-exchange\/\" target=\"_blank\" rel=\"noopener noreferrer\">Trading Schedule HERE<\/a><\/p>\n<div>\n<h3>In this issue:<\/h3>\n<ul>\n<li>Trading Resource of the Week &#8211;\u00a0Filter Noise with Price Confirmation<\/li>\n<li>Broker&#8217;s Trading System of the Week &#8211;\u00a0ZB Day Trading System<\/li>\n<li>Trading Levels for Next Week<\/li>\n<li>Trading Reports for Next Week<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>&nbsp;<\/p>\n<div align=\"center\"><\/div>\n<\/div>\n<div><\/div>\n<div>\n<ul>\n<li>\n<h3>Trading Resource of the Week &#8211; Entering futures using stop orders as &#8220;price confirmation&#8221;<\/h3>\n<\/li>\n<\/ul>\n<\/div>\n<div>By Ilan Levy-Mayer, VP<\/div>\n<div><\/div>\n<div>Watch video below on how you can possibly filter out some of the losing trades by using STOP orders as a way to ENTER trades ( rather than the typical stop loss use).<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.youtube.com\/watch?v=IZibLbRtavo&amp;t=88s\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/web-extract.constantcontact.com\/v1\/thumbnail?url=https:\/\/i.ytimg.com\/vi\/IZibLbRtavo\/hqdefault.jpg\" alt=\"Entering Futures Using Stop Orders as &amp;quot;Price Confirmation&amp;quot;\" width=\"673\" height=\"505\" title=\"\"><\/a><\/div>\n<div><\/div>\n<div>Try a<a href=\"https:\/\/ibportal.gainfutures.com\/DemoSetup?WLID=20\" target=\"_blank\" rel=\"noopener noreferrer\">\u00a0FREE demo of the platform<\/a>\u00a0used to show the charts in this educational article. The platform is FREE and has charts, news, DOM, T&amp;S, Alerts, advanced order entry, options and MUCH MORE!<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/secure.ironbeam.com\/openaccount\/index.aspx?src=316&amp;k=27817434\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/15cae31c-392e-41d2-b558-c3f3e290d865.png\" width=\"677\" height=\"486\" alt=\"\" title=\"\"><\/a><\/div>\n<div><\/div>\n<div><\/div>\n<div>\n<div align=\"center\"><\/div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<div style=\"text-align: center;\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/3b644da2-2bee-4d39-8d98-5208a20bec39.jpg\" alt=\"\" title=\"\"><\/div>\n<div><\/div>\n<div><\/div>\n<div>\n<ul>\n<li>\n<h3><a href=\"https:\/\/cannon.isystems.com\/System\/PerformanceSheet?Id=23484\" target=\"_blank\" rel=\"noopener\">Broker&#8217;s Trading System of the Week<\/a><\/h3>\n<\/li>\n<\/ul>\n<\/div>\n<div><\/div>\n<div>\n<div>With\u00a0algorithmic\u00a0trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker&#8217;s choice for this month.<\/div>\n<div>\n<div>\n<div><\/div>\n<div><\/div>\n<div>\n<div>\n<div><a href=\"https:\/\/cannon.isystems.com\/System\/PerformanceSheet?Id=23484\" target=\"_blank\" rel=\"noopener\"><strong>iMWDPPRf ZB eOasiaS sXL M1C<\/strong><\/a><\/div>\n<div><\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n<div><strong>PRODUCT<\/strong><\/div>\n<div><a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/financials\/Treasury-Bond-Futures\">Zb &#8211; 30 yr bonds<\/a><\/div>\n<div><\/div>\n<div><strong>SYSTEM TYPE<\/strong><\/div>\n<div>Intraday<\/div>\n<div><\/div>\n<div><strong>Recommended Cannon Trading Starting Capital<\/strong><\/div>\n<div>$10,000<\/div>\n<div><\/div>\n<div><strong>COST<\/strong><\/div>\n<div>USD 65 \/ monthly<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/cannon.isystems.com\/System\/PerformanceSheet?Id=24270\" target=\"_blank\" rel=\"noopener noreferrer\">LEARN MORE<\/a>\u00a0<a href=\"https:\/\/newaccount.gainfutures.com\/CreateAccount?wlid=20&amp;scodeid=&amp;brokerid=\" target=\"_blank\" rel=\"noopener noreferrer\">GET STARTED<\/a><\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/cannon.isystems.com\/System\/PerformanceSheet?Id=23484\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/f985b6cd-7fe7-4d35-b85a-f1ff773c8f9a.jpg\" alt=\"\" title=\"\"><\/a><\/div>\n<div>The performance shown above is hypothetical in that the chart represents returns in a model account. The model\u00a0account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant\u00a0to the listed system\u2019s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available \u2013\u00a0by the hypothetical single contract profit and loss of trades generated by the system\u2019s trading signals on that day in\u00a0real time (real\u2010time) less slippage, or if no real time profit or loss available \u2013 by the hypothetical single contract profit\u00a0and loss of trades generated by running the system logic backwards on back adjusted data.\u00a0<a href=\"https:\/\/r20.rs6.net\/tn.jsp?f=001zny8lGqtfXPYeY09EseNDkhWdSiiVJVTEImmHILx1zWCF1h3Rwlqw0n26ZAEwOPyqsblA8LEGD6u5R7jNok446VgB6xtWcJGwXR5-6cP_YxzjVl9YoemkQ1yy4qmIybYp7qv-G6i11feAhAC6Nlu2i58nY0c77pbASKTXspa7zIa131NP0q-07Gezax3jLIO9ss1CPQYgW-JeGde_eguoA==&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener noreferrer\">Please read full disclaimer HERE.<\/a><\/div>\n<div><\/div>\n<div><\/div>\n<div>\n<div>\n<div>Sign Up for a<a href=\"https:\/\/www.cannontrading.com\/services\/traders-profile-systems\" target=\"_blank\" rel=\"noopener noreferrer\">\u00a0Free Personalized Consultation<\/a>\u00a0with a Broker from Cannon Trading Company<\/div>\n<div>Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary,\u00a0<a href=\"https:\/\/www.cannontrading.com\/services\/traders-profile-systems\" target=\"_blank\" rel=\"noopener noreferrer\">confidential consultation<\/a>\u00a0with a Cannon Trading Company series 3 broker.<\/div>\n<\/div>\n<div><\/div>\n<\/div>\n<div><\/div>\n<ul>\n<li>\n<h3>Trading Levels for Next Week<\/h3>\n<\/li>\n<\/ul>\n<div><\/div>\n<div style=\"text-align: left;\" align=\"center\"><strong>Daily Levels for July 31st, 2022<\/strong><\/div>\n<div style=\"text-align: left;\" align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<figure style=\"width: 573px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/ddba8390-9b11-49e7-8c63-3d89012d49e1.jpg\" alt=\"#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG\" width=\"573\" height=\"709\" title=\"\"><figcaption class=\"wp-caption-text\">#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG<\/figcaption><\/figure>\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-1664310937429.question_1_text\">Would you like to receive 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-1664310937429.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=tiLlM7NobJmOjaKfyyForBFmeH3eO8r7_RYE_A-4Vp_O4UAAHgwC8r2U1wW5-uegFBI60m0ykJnfKqYOkXfE67CebXsf8ClGEMIAsr9DDFAgAvwptIjCTzfKXsOtrxIpBb79xp2tJaxWTJwLcwTJZ27B5lUkRveoTAksJSt0ZaxMvkril64Qc6CnrGOwJm3yuzWk_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-1664310937429.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=tiLlM7NobJmOjaKfyyForBFmeH3eO8r7_RYE_A-4Vp_O4UAAHgwC8r2U1wW5-uegFBI60m0ykJnfKqYOkXfE67CebXsf8ClGEMIAsr9DDFAgAvwptIjCTzfKXsOtrxIpBb79xp2tJaxWTJwLcwTJZ27B5lUkRveoTAksJSt0ZaxMvkril64Qc6CnrGOwJm3yuzWk_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<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<\/div>\n<p style=\"text-align: left;\"><strong>Weekly Levels<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/ee567232-f3de-4942-88ba-529bf64b994b.jpg\" alt=\"\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h3>Trading Reports for Next Week<\/h3>\n<\/li>\n<\/ul>\n<div><\/div>\n<div><strong>First Notice (FN), Last trading (LT) Days for the Week: <\/strong><a href=\"http:\/\/www.mrci.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.mrci.com\u00a0<\/a><\/div>\n<div style=\"text-align: left;\" align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\"><\/div>\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\"><\/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<p>&nbsp;<\/p>\n<div>Good Trading!<\/div>\n<div>Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0You 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.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cannon Futures Weekly Newsletter Issue # 1156 &nbsp; Join our\u00a0private Facebook group\u00a0for additional insight into trading and the futures markets! Have a safe Memorial Day Weekend.\u00a0Trading Schedule HERE In this issue: Trading Resource of the Week &#8211;\u00a0Filter Noise with Price Confirmation Broker&#8217;s Trading System of the Week &#8211;\u00a0ZB Day Trading System Trading Levels for Next [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,1434,76,239,70,61,358,234,1379],"tags":[1481,1480,1475,1471,1469,1467,1468,1474,1472,1477,1478,1476,1479,1470,1473,1172,1239,40,627,1277,36],"class_list":["post-18768","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-charts-indicators","category-commodity-trading-2","category-financial-futures","category-future-trading-platform","category-futures-trading-2","category-futures-trading-education","category-trading-guide","category-weekly-newsletter","tag-cbot","tag-comex","tag-commoditiesmarket","tag-commoditiestrader","tag-commoditytrading","tag-crudeoil","tag-daytrader","tag-futuresmarket","tag-futurestrader","tag-kcbt","tag-mgex","tag-nymex","tag-smfe","tag-stockindices","tag-swingtrader","tag-cme","tag-commodities","tag-daytrading","tag-futures","tag-globex","tag-gold"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18768","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=18768"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18768\/revisions"}],"predecessor-version":[{"id":18770,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18768\/revisions\/18770"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=18768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=18768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=18768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}