{"id":6415,"date":"2014-01-16T13:59:33","date_gmt":"2014-01-16T21:59:33","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=6415"},"modified":"2014-09-16T03:43:59","modified_gmt":"2014-09-16T11:43:59","slug":"tick-charts-futures-levels-economic-reports-1-17-2014","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/tick-charts-futures-levels-economic-reports-1-17-2014\/","title":{"rendered":"Tick Charts, Futures Levels & Economic Reports 1.17.2014"},"content":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
\n<\/strong>
\n\"Like<\/a>\"Follow<\/a>\"View<\/a>\"Find<\/a>\"Cannon<\/a>\"Find<\/a><\/p>\n

1.\u00a0Market Commentary<\/a><\/strong>
\n2.\u00a0Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/a><\/strong>
\n3.\u00a0Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong>
\n4.\u00a0Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver<\/a><\/strong>
\n5.\u00a0Futures Economic Reports for Friday January 17, 2014<\/a><\/strong>
\n<\/a>
\nHello Traders,<\/strong><\/p>\n

For 2014 I would like to wish all of you discipline and patience in your trading! <\/em><\/p>\n

Using tick charts and oscillators for day-trading (by Ilan Levy-Mayer VP of Cannon Trading and CTA at Levex.net )<\/div>\n

I really don’t think anyone has found a “perfect way” to day-trade.<\/h3>\n

Different techniques work well in different market environment.<\/p>\n

In this week short educational feature, I will touch about one technique one can add to their trading arsenal. This technique works better on choppy, two sided ways. It DOES NOT work well when the market has a strong trend.<\/div>\n

The chart below illustrates a few principals I like:<\/p>\n

    \n
  1. It uses a tick chart rather than a time chart. I like tick charts better when day-trading shorter time frames for the simple reason it already includes a big factor in the market, VOLUME. If you are using 5 minutes chart for example, you may get signals simply because time “has passed” and certain indicators you are using adopt certain values. When using tick charts, at times where there is lots of movement in the market, you won’t have to wait until your time frame bar closes to get your signal, volume becomes a bigger more important part of your trading decision.<\/li>\n<\/ol>\n

    READ THE REST<\/a><\/h3>\n

    <\/p>\n

    If you like the information we share?\u00a0We would appreciate your positive reviews on our new yelp!!<\/a><\/p>\n

    \n

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

    If you like Our Futures Trading Daily Support and Resistance Levels, Please share! <\/strong><\/p>\n

    <\/div>\n
    <\/div>\n

    Futures Trading Levels<\/a><\/strong><\/p>\n

    <\/div>\n
    <\/div>\n
    \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
    Contract March 2014<\/td>\n\u00a0SP500 (big & Mini)<\/a><\/td>\nNasdaq100 (big & Mini)<\/a><\/td>\nDow Jones (big & Mini)<\/a><\/td>\nMini Russell<\/a><\/td>\nDollar Index<\/a><\/td>\n<\/tr>\n
    Resistance 3<\/td>\n1853.08<\/td>\n3623.08<\/td>\n16529<\/td>\n1177.53<\/td>\n81.53<\/td>\n<\/tr>\n
    Resistance 2<\/td>\n1848.42<\/td>\n3615.67<\/td>\n16477<\/td>\n1173.97<\/td>\n81.37<\/td>\n<\/tr>\n
    Resistance 1<\/td>\n1843.83<\/td>\n3608.83<\/td>\n16415<\/td>\n1171.93<\/td>\n81.19<\/td>\n<\/tr>\n
    Pivot<\/td>\n1839.17<\/td>\n3601.42<\/td>\n16363<\/td>\n1168.37<\/td>\n81.03<\/td>\n<\/tr>\n
    Support 1<\/td>\n1834.58<\/td>\n3594.58<\/td>\n16301<\/td>\n1166.33<\/td>\n80.86<\/td>\n<\/tr>\n
    Support 2<\/td>\n1829.92<\/td>\n3587.17<\/td>\n16249<\/td>\n1162.77<\/td>\n80.70<\/td>\n<\/tr>\n
    Support 3<\/td>\n1825.33<\/td>\n3580.33<\/td>\n16187<\/td>\n1160.73<\/td>\n80.52<\/td>\n<\/tr>\n
    <\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    Contract<\/td>\nFeb. Gold<\/a><\/td>\nMar. Silver<\/a><\/td>\nFeb. Crude Oil<\/a><\/td>\nMar. Bonds\u00a0<\/a><\/td>\nMar. Euro<\/a><\/td>\n<\/tr>\n
    Resistance 3<\/td>\n1255.0<\/td>\n2051.0<\/td>\n95.69<\/td>\n132\u00a0\u00a06\/32<\/td>\n1.3718<\/td>\n<\/tr>\n
    Resistance 2<\/td>\n1250.0<\/td>\n2038.0<\/td>\n95.16<\/td>\n131 22\/32<\/td>\n1.3683<\/td>\n<\/tr>\n
    Resistance 1<\/td>\n1245.9<\/td>\n2023.0<\/td>\n94.65<\/td>\n131 13\/32<\/td>\n1.3650<\/td>\n<\/tr>\n
    Pivot<\/td>\n1240.9<\/td>\n2010.0<\/td>\n94.12<\/td>\n130 29\/32<\/td>\n1.3615<\/td>\n<\/tr>\n
    Support 1<\/td>\n1236.8<\/td>\n1995.0<\/td>\n93.61<\/td>\n130 20\/32<\/td>\n1.3582<\/td>\n<\/tr>\n
    Support 2<\/td>\n1231.8<\/td>\n1982.0<\/td>\n93.08<\/td>\n130\u00a0\u00a04\/32<\/td>\n1.3547<\/td>\n<\/tr>\n
    Support 3<\/td>\n1227.7<\/td>\n1967.0<\/td>\n92.57<\/td>\n129 27\/32<\/td>\n1.3514<\/td>\n<\/tr>\n
    <\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    Contract<\/td>\nMarch Corn<\/a><\/td>\nMarch Wheat<\/a><\/td>\nMarch Beans<\/a><\/td>\nMarch SoyMeal<\/a><\/td>\nMarch bean Oil<\/a><\/td>\n<\/tr>\n
    Resistance 3<\/td>\n434.3<\/td>\n582.2<\/td>\n1342.33<\/td>\n447.67<\/td>\n38.61<\/td>\n<\/tr>\n
    Resistance 2<\/td>\n432.0<\/td>\n577.6<\/td>\n1335.67<\/td>\n443.93<\/td>\n38.33<\/td>\n<\/tr>\n
    Resistance 1<\/td>\n430.0<\/td>\n575.2<\/td>\n1325.33<\/td>\n437.97<\/td>\n38.19<\/td>\n<\/tr>\n
    Pivot<\/td>\n427.8<\/td>\n570.6<\/td>\n1318.67<\/td>\n434.23<\/td>\n37.91<\/td>\n<\/tr>\n
    Support 1<\/td>\n425.8<\/td>\n568.2<\/td>\n1308.3<\/td>\n428.3<\/td>\n37.8<\/td>\n<\/tr>\n
    Support 2<\/td>\n423.5<\/td>\n563.6<\/td>\n1301.67<\/td>\n424.53<\/td>\n37.49<\/td>\n<\/tr>\n
    Support 3<\/td>\n421.5<\/td>\n561.2<\/td>\n1291.33<\/td>\n418.57<\/td>\n37.35<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
    For complete contract specifications for the futures markets listed above\u00a0click here!<\/a><\/div>\n
    <\/div>\n
    <\/div>\n

    <\/a><\/p>\n

    5. Economic Reports<\/strong><\/div>\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
    Date<\/th>\n4:58pm<\/a><\/th>\nCurrency<\/th>\nImpact<\/th>\n<\/th>\nDetail<\/th>\nActual<\/th>\nForecast<\/th>\nPrevious<\/th>\nGraph<\/th>\n<\/tr>\n<\/thead>\n
    <\/td>\n<\/tr>\n
    FriJan 17<\/td>\n<\/a>\u00a02:45am<\/td>\nEUR<\/td>\n<\/td>\nFrench Gov Budget Balance<\/td>\n<\/td>\n<\/td>\n<\/td>\n-86.0B<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nBuilding Permits<\/td>\n<\/td>\n<\/td>\n1.01M<\/td>\n1.01M<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nHousing Starts<\/td>\n<\/td>\n<\/td>\n0.99M<\/td>\n1.09M<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n9:15am<\/td>\nUSD<\/td>\n<\/td>\nCapacity Utilization Rate<\/td>\n<\/td>\n<\/td>\n79.2%<\/td>\n79.0%<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nIndustrial Production m\/m<\/td>\n<\/td>\n<\/td>\n0.4%<\/td>\n1.1%<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n9:55am<\/td>\nUSD<\/td>\n<\/td>\nPrelim UoM Consumer Sentiment<\/td>\n<\/td>\n<\/td>\n83.4<\/td>\n82.5<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nPrelim UoM Inflation Expectations<\/td>\n<\/td>\n<\/td>\n<\/td>\n3.0%<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\nJOLTS Job Openings<\/td>\n<\/td>\n<\/td>\n3.97M<\/td>\n3.93M<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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","protected":false},"excerpt":{"rendered":"

    Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed. 1.\u00a0Market Commentary 2.\u00a0Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index 3.\u00a0Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds 4.\u00a0Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver 5.\u00a0Futures Economic Reports for Friday […]<\/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":[142,164],"class_list":["post-6415","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-future-trading-charts","tag-tick-charts"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/6415","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=6415"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/6415\/revisions"}],"predecessor-version":[{"id":6429,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/6415\/revisions\/6429"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=6415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=6415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=6415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}