{"id":4737,"date":"2013-03-21T12:29:42","date_gmt":"2013-03-21T20:29:42","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=4737"},"modified":"2014-09-15T05:37:13","modified_gmt":"2014-09-15T13:37:13","slug":"trading-levels-and-economic-reports-for-march-22-2013","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-levels-and-economic-reports-for-march-22-2013\/","title":{"rendered":"Trading Levels and Economic Reports for March 22, 2013"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Jump to a section in this post:<\/p>\n<p><strong>1.\u00a0<a href=\"#one\">Market Commentary<\/a><\/strong><br \/>\n<strong>2.\u00a0<a href=\"#two\">Support and Resistance Levels &#8211; S&amp;P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/a><\/strong><br \/>\n<strong>3.\u00a0<a href=\"#three\">Support and Resistance Levels &#8211; Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong><br \/>\n<strong>4.\u00a0<a href=\"#four\">Support and Resistance Levels &#8211; Corn, Wheat, Beans, Silver<\/a><\/strong><br \/>\n<strong>5.\u00a0<a href=\"#five\">Economic Reports for Friday March 22, 2013<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Hello Traders,<\/strong><\/p>\n<p><em>For 2013 I would like to wish all of you discipline and patience in your trading!\u00a0<\/em><\/p>\n<p><strong>I am noticing a bit more volatility coming back into the stock index futures, which I personally like better for day trading. However with increased volatility, comes increased risk&#8230;.<\/strong><\/p>\n<p>When the market is experiencing higher volatility and two sided action, I like to use a couple of indicators i created over the last few years and apply them to renko charts, which I use sierra charts\/ ATcharts for.<\/p>\n<p>below is a good example from todays session.\u00a0 The chart below is for the June mini SP, using renko chart.<\/p>\n<p><strong><\/strong><img loading=\"lazy\" decoding=\"async\" alt=\"Mini S&amp;P 15 minute renko chart\" src=\"https:\/\/www.sierrachart.com\/image.php?l=1363897441398.png\" width=\"517\" height=\"372\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<div><strong><\/strong><strong><\/strong><strong>If you like more information or to try some of my day trading templates, please reply below:<\/strong>1. Are you currently trading futures?2. Charting software you use?3. If you use sierra or ATcharts, please let me know the user name so I can enable you<\/p>\n<p>4. Markets you currently trading?<\/p>\n<p>&nbsp;<\/p>\n<p>HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW.\u00a0 NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.\u00a0 IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.<\/p>\n<p>&nbsp;<\/p>\n<p>ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.\u00a0 IN ADDITION, HYPOTHETICAL TRADING DOES NO INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING.\u00a0 FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS.\u00a0 THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS<\/p>\n<\/div>\n<p><a style=\"font-size: 1.17em;\" href=\"http:\/\/r20.rs6.net\/tn.jsp?e=001ZByIhlxP0mR5gWn_ucqBJ1B82Bom2yAeB6a6gbXVZci1m8SHQfmQBaNSA4OhbuZlscvfvH_XoZ-sTP9YjcYY596QltdkuoVv5yh8pvalmBqYZI3zwUghdA==\" target=\"_blank\" shape=\"rect\" rel=\"noopener\"><br \/>\nAlso please like us on Facebook<\/a><span style=\"font-size: 1.17em;\">!!<\/span><\/p>\n<div><!--more--><\/div>\n<p><strong>GOOD TRADING!<\/strong><\/p>\n<p>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>&nbsp;<\/p>\n<p><img decoding=\"async\" alt=\"levels for march 21\" src=\"https:\/\/origin.ih.constantcontact.com\/fs125\/1101657017555\/img\/700.png\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div><strong style=\"font-size: 1.17em;\">5. Economic Reports<\/strong><\/div>\n<h3>source:http:\/\/www.forexfactory.com\/calendar.php<\/h3>\n<h3>All times are Eastern time Zone (EST)<\/h3>\n<h3><span style=\"font-size: 13px; font-weight: normal;\">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\/\">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 tradin<\/span><\/h3>\n<p>g<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Jump to a section in this post: 1.\u00a0Market Commentary 2.\u00a0Support and Resistance Levels &#8211; S&amp;P, Nasdaq, Dow Jones, Russell 2000, Dollar Index 3.\u00a0Support and Resistance Levels &#8211; Gold, Euro, Crude Oil, T-Bonds 4.\u00a0Support and Resistance Levels &#8211; Corn, Wheat, Beans, Silver 5.\u00a0Economic Reports for Friday March 22, 2013 &nbsp; Hello Traders, For 2013 I [&hellip;]<\/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-4737","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\/4737","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=4737"}],"version-history":[{"count":6,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4737\/revisions"}],"predecessor-version":[{"id":5128,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4737\/revisions\/5128"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=4737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=4737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=4737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}