{"id":4181,"date":"2012-08-22T12:11:41","date_gmt":"2012-08-22T20:11:41","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=4181"},"modified":"2014-09-15T03:03:33","modified_gmt":"2014-09-15T11:03:33","slug":"trading-levels-and-reports-for-8-23-2012","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-levels-and-reports-for-8-23-2012\/","title":{"rendered":"Trading Levels and Reports for 8-23-2012"},"content":{"rendered":"

Jump to a section in this post:<\/span><\/p>\n

1. Market Commentary<\/a><\/strong>
\n2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/a><\/strong>
\n3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong>
\n4. Support and Resistance Levels – Corn, Wheat, Beans, Silver<\/a><\/strong>
\n5. Economic Reports for\u00a0Thursday August 23, 2012<\/a><\/strong><\/p>\n

 <\/p>\n

Hello Traders,<\/strong><\/p>\n

\n
From my colleague Dave Register at\u00a0ExitPoints.com\u00a0<\/a><\/div>\n

 <\/p>\n

Why\u00a0most\u00a0futures traders lose money<\/strong><\/div>\n
1.Overtrading\u00a0or underfunding your\u00a0account<\/div>\n
2.Chasing performance<\/div>\n
3.Using\u00a0an over optimized\u00a0system<\/div>\n
4.Failure\u00a0to Always use Stop loss\u00a0orders<\/div>\n
5.Commissions\u00a0too\u00a0high<\/div>\n
6.Large\u00a0slippage in illiquid\u00a0markets<\/div>\n
7.Emotional\u00a0Trading<\/div>\n
\n
\n
Risk Control for Day Trading<\/strong><\/div>\n<\/div>\n
1.Diversifymarkets you trade<\/div>\n
2.USE Stop loss orders<\/div>\n
3.USE limit orders for Objective profits<\/div>\n
4.Exit at the end of the day<\/div>\n<\/div>\n

 <\/p>\n

Also please like us on Facebook<\/a>!!<\/h3>\n<\/div>\n
<\/div>\n

GOOD TRADING!<\/strong><\/p>\n

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. 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.<\/p>\n

2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/strong><\/h3>\n\n\n\n\n\n\n\n\n\n\n
Contract Sept. 2012<\/td>\nSP500 (big & Mini)<\/td>\nNasdaq100 (big & Mini)<\/td>\nDow Jones (big & Mini)<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1425.33<\/td>\n2827.67<\/td>\n13283<\/td>\n822.23<\/td>\n82.63<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1419.67<\/td>\n2808.83<\/td>\n13236<\/td>\n818.57<\/td>\n82.38<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1415.83<\/td>\n2795.67<\/td>\n13195<\/td>\n814.93<\/td>\n81.97<\/td>\n<\/tr>\n
Pivot<\/td>\n1410.17<\/td>\n2776.83<\/td>\n13148<\/td>\n811.27<\/td>\n81.72<\/td>\n<\/tr>\n
Support 1<\/td>\n1406.33<\/td>\n2763.67<\/td>\n13107<\/td>\n807.63<\/td>\n81.30<\/td>\n<\/tr>\n
Support 2<\/td>\n1400.67<\/td>\n2744.83<\/td>\n13060<\/td>\n803.97<\/td>\n81.05<\/td>\n<\/tr>\n
Support 3<\/td>\n1396.83<\/td>\n2731.67<\/td>\n13019<\/td>\n800.33<\/td>\n80.64<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

3. Support & Resistance Levels for Gold, Euro, Crude Oil, and U.S. T-Bonds<\/strong><\/h3>\n\n\n\n\n\n\n\n\n\n\n
Contract<\/td>\nDec Gold<\/td>\nSept. Euro<\/td>\nOct. Crude Oil<\/td>\nSept. Bonds<\/td>\n<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1686.9<\/td>\n1.2677<\/td>\n99.07<\/td>\n149 25\/32<\/td>\n<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1672.5<\/td>\n1.2610<\/td>\n98.31<\/td>\n148 25\/32<\/td>\n<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1665.0<\/td>\n1.2568<\/td>\n97.79<\/td>\n148 12\/32<\/td>\n<\/td>\n<\/tr>\n
Pivot<\/td>\n1650.6<\/td>\n1.2501<\/td>\n97.03<\/td>\n147 12\/32<\/td>\n<\/td>\n<\/tr>\n
Support 1<\/td>\n1643.1<\/td>\n1.2459<\/td>\n96.51<\/td>\n146 31\/32<\/td>\n<\/td>\n<\/tr>\n
Support 2<\/td>\n1628.7<\/td>\n1.2392<\/td>\n95.75<\/td>\n145 31\/32<\/td>\n<\/td>\n<\/tr>\n
Support 3<\/td>\n1621.2<\/td>\n1.2350<\/td>\n95.23<\/td>\n145 18\/32<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

4. Support & Resistance Levels for Corn, Wheat, Beans and Silver<\/strong><\/h3>\n\n\n\n\n\n\n\n\n\n\n
Contract<\/td>\nDec. Corn<\/td>\nSept. Wheat<\/td>\nNov. Beans<\/td>\nSept. Silver<\/td>\n<\/td>\n<\/tr>\n
Resistance 3<\/td>\n851.0<\/td>\n919.8<\/td>\n1749.17<\/td>\n3079.2<\/td>\n<\/td>\n<\/tr>\n
Resistance 2<\/td>\n845.3<\/td>\n919.2<\/td>\n1740.58<\/td>\n3033.8<\/td>\n<\/td>\n<\/tr>\n
Resistance 1<\/td>\n840.0<\/td>\n917.8<\/td>\n1734.17<\/td>\n3007.7<\/td>\n<\/td>\n<\/tr>\n
Pivot<\/td>\n834.3<\/td>\n917.2<\/td>\n1725.58<\/td>\n2962.3<\/td>\n<\/td>\n<\/tr>\n
Support 1<\/td>\n829.0<\/td>\n915.8<\/td>\n1719.2<\/td>\n2936.2<\/td>\n<\/td>\n<\/tr>\n
Support 2<\/td>\n823.3<\/td>\n915.2<\/td>\n1710.58<\/td>\n2890.8<\/td>\n<\/td>\n<\/tr>\n
Support 3<\/td>\n818.0<\/td>\n913.8<\/td>\n1704.17<\/td>\n2864.7<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


\n<\/a>
\n<\/a>5. Economic Reports<\/strong><\/h3>\n

All times are Eastern time Zone (EST)<\/a><\/h3>\n

source:http:\/\/www.forexfactory.com\/calendar.php<\/a>
\n<\/a><\/h3>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/td>\n4:02pm<\/a><\/td>\nCurrency<\/td>\nImpact<\/td>\n<\/td>\nDetail<\/td>\nActual<\/td>\nForecast<\/td>\nPrevious<\/td>\nGraph<\/td>\n<\/tr>\n
Thu<\/p>\n
Aug 23<\/div>\n<\/td>\n
<\/a>\u00a02:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
German Final GDP q\/q<\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.3%<\/td>\n0.3%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
French Flash Manufacturing PMI<\/div>\n<\/td>\n
<\/td>\n<\/td>\n43.7<\/td>\n43.4<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
French Flash Services PMI<\/div>\n<\/td>\n
<\/td>\n<\/td>\n50.0<\/td>\n50.0<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:30am<\/td>\nEUR<\/td>\n<\/td>\n\n
German Flash Manufacturing PMI<\/div>\n<\/td>\n
<\/td>\n<\/td>\n43.5<\/td>\n43.0<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:30am<\/td>\nEUR<\/td>\n<\/td>\n\n
German Flash Services PMI<\/div>\n<\/td>\n
<\/td>\n<\/td>\n50.1<\/td>\n50.3<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
Flash Manufacturing PMI<\/div>\n<\/td>\n
<\/td>\n<\/td>\n44.2<\/td>\n44.0<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
Flash Services PMI<\/div>\n<\/td>\n
<\/td>\n<\/td>\n47.7<\/td>\n47.9<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Unemployment Claims<\/div>\n<\/td>\n
<\/td>\n<\/td>\n365K<\/td>\n366K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:00am<\/td>\nUSD<\/td>\n<\/td>\n\n
Flash Manufacturing PMI<\/div>\n<\/td>\n
<\/td>\n<\/td>\n51.3<\/td>\n51.4<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
Consumer Confidence<\/div>\n<\/td>\n
<\/td>\n<\/td>\n-22<\/td>\n-22<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\n\n
New Home Sales<\/div>\n<\/td>\n
<\/td>\n<\/td>\n363K<\/td>\n350K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\n\n
HPI m\/m<\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.6%<\/td>\n0.8%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Natural Gas Storage<\/div>\n<\/td>\n
<\/td>\n<\/td>\n40B<\/td>\n20B<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
<\/div>\n
This is not a solicitation of any order to buy or sell, but a current market view provided by 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<\/div>\n","protected":false},"excerpt":{"rendered":"

Jump to a section in this post: 1. Market Commentary 2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index 3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds 4. Support and Resistance Levels – Corn, Wheat, Beans, Silver 5. Economic Reports for\u00a0Thursday August 23, 2012   Hello Traders, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[133,63,268,144],"class_list":["post-4181","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-future-brokers","tag-future-trading","tag-futures-trading-company","tag-futures-trading-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4181","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=4181"}],"version-history":[{"count":13,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4181\/revisions"}],"predecessor-version":[{"id":5280,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4181\/revisions\/5280"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=4181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=4181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=4181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}