{"id":4575,"date":"2013-01-03T13:06:22","date_gmt":"2013-01-03T21:06:22","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=4575"},"modified":"2014-09-15T04:42:27","modified_gmt":"2014-09-15T12:42:27","slug":"trading-levels-and-reports-for-january-4-2013","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-levels-and-reports-for-january-4-2013\/","title":{"rendered":"Trading Levels and Reports for January 4, 2013"},"content":{"rendered":"

 <\/p>\n

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 Friday January 4, 2012<\/a><\/strong><\/p>\n

 <\/p>\n

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

For 2013 I would like to wish all of you discipline and patience in your trading!
\n<\/em><\/p>\n

 <\/p>\n

Volatile session with average volume as some traders are still out.<\/p>\n

 <\/p>\n

Monthly unemployment report tomorrow! Be aware as this is a market moving event.<\/div>\n
<\/div>\n
<\/div>\n
The gap open on Wednesday morning “needs to be filled” so we may see some more pressure down but over all I think the market is still strong so my output for swing or medium term trades is wait for lower prices to buy call options ( to “fill the gap” we need to see the market at 1425).
\nAs far as day-trading, there are many ways and techniques to lose…and make money. I think the main factor for most daytraders is money management and discipline.<\/div>\n
\n

 <\/p>\n<\/div>\n

\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

 <\/p>\n

\"levesl<\/p>\n

 <\/p>\n

 <\/p>\n

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

source:http:\/\/www.forexfactory.com\/calendar.php<\/a><\/h3>\n

All times are Eastern time Zone (EST)<\/a><\/h3>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n3:54pm<\/a><\/th>\nCurrency<\/th>\nImpact<\/th>\n<\/th>\nDetail<\/th>\nActual<\/th>\nForecast<\/th>\nPrevious<\/th>\nGraph<\/th>\n<\/tr>\n<\/thead>\n
FriJan 4<\/td>\n<\/a>\u00a02:00am<\/td>\nEUR<\/td>\n<\/td>\nGerman Retail Sales m\/m<\/td>\n<\/td>\n<\/td>\n0.9%<\/td>\n-1.3%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:15am<\/td>\nEUR<\/td>\n<\/td>\nSpanish Services PMI<\/td>\n<\/td>\n<\/td>\n42.7<\/td>\n42.4<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:45am<\/td>\nEUR<\/td>\n<\/td>\nItalian Services PMI<\/td>\n<\/td>\n<\/td>\n45.1<\/td>\n44.6<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n<\/td>\nFinal Services PMI<\/td>\n<\/td>\n<\/td>\n47.8<\/td>\n47.8<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\nCPI Flash Estimate y\/y<\/td>\n<\/td>\n<\/td>\n2.1%<\/td>\n2.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\nItalian Prelim CPI m\/m<\/td>\n<\/td>\n<\/td>\n0.2%<\/td>\n-0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nNon-Farm Employment Change<\/td>\n<\/td>\n<\/td>\n150K<\/td>\n146K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nUnemployment Rate<\/td>\n<\/td>\n<\/td>\n7.7%<\/td>\n7.7%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nAverage Hourly Earnings m\/m<\/td>\n<\/td>\n<\/td>\n0.2%<\/td>\n0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\nISM Non-Manufacturing PMI<\/td>\n<\/td>\n<\/td>\n54.2<\/td>\n54.7<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\nFactory Orders m\/m<\/td>\n<\/td>\n<\/td>\n0.3%<\/td>\n0.8%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\nNatural Gas Storage<\/td>\n<\/td>\n<\/td>\n-129B<\/td>\n-72B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n11:00am<\/td>\nUSD<\/td>\n<\/td>\nCrude Oil Inventories<\/td>\n<\/td>\n<\/td>\n-0.7M<\/td>\n-0.6M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:30pm<\/td>\nUSD<\/td>\n<\/td>\nFOMC Member Yellen Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\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<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Volatile session with average volume as some traders are still out.<\/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":[133,63,268,144,43,42],"class_list":["post-4575","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","tag-monthly-unemployment","tag-volatile-trading-sessions"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4575","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=4575"}],"version-history":[{"count":7,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4575\/revisions"}],"predecessor-version":[{"id":5179,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4575\/revisions\/5179"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=4575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=4575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=4575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}