{"id":6704,"date":"2014-04-03T12:39:53","date_gmt":"2014-04-03T20:39:53","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=6704"},"modified":"2014-09-16T04:35:18","modified_gmt":"2014-09-16T12:35:18","slug":"futures-trading-rules-unemployment-reports-04-04-2014","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/futures-trading-rules-unemployment-reports-04-04-2014\/","title":{"rendered":"Futures Trading Rules & Unemployment Reports 04.04.2014"},"content":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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\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 f<\/a>or\u00a0<\/strong>Friday April 4, 2014<\/a><\/strong><\/p>\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

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Voted #1 futures trading blog!\u00a0<\/a><\/div>\n
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Today I must share an observation that may help many of you.<\/p>\n

So many times as a broker<\/a> I see clients who know how to make money… I see it in the daily statements, good winning %, consistent profits UNTIL….something happens. Either the client who is normally a day-trader decides to carry his\/hers losing position and make it into a swing trade…..OR the trader is down and refuses to accept the fact it may be a losing day and decides to double down and get more aggressive because if this trade is a winner he will have another winning day….the examples go on and no I am not referring to anyone specific although many of you probably think I am talking about them.<\/p>\n

I have done it before as a trader. It is the inability to accept a loss that creates this snow ball.<\/p>\n

I am to a psychologist not a professional writer ( English is my second language if you did not tell by now (-:<\/p>\n

What I am hoping for is that by writing this I may help the “good voice” inside your head that tells you DON’T double down OR just keep the stop win over <\/b>that bad voice that is whispering to you to go ahead and reverse the position and double it when it is clearly not in your game plan… Trading<\/a> is tough mentally, financially and emotionally, help yourself be a better trader by being a more disciplined trader.<\/div>\n

ON A SIMILAR NOTE:<\/p>\n

Monthly unemployment figures come out tomorrow morning. That would be a great time to excessive discipline and control of what is written above…..<\/p>\n

<\/p>\n

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

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

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

<\/div>\n

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

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\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 June 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>\n1900.83<\/td>\n3724.00<\/td>\n16619<\/td>\n1208.30<\/td>\n81.23<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1894.17<\/td>\n3696.50<\/td>\n16575<\/td>\n1199.70<\/td>\n80.96<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1888.83<\/td>\n3664.00<\/td>\n16539<\/td>\n1189.00<\/td>\n80.79<\/td>\n<\/tr>\n
Pivot<\/td>\n1882.17<\/td>\n3636.50<\/td>\n16495<\/td>\n1180.40<\/td>\n80.51<\/td>\n<\/tr>\n
Support 1<\/td>\n1876.83<\/td>\n3604.00<\/td>\n16459<\/td>\n1169.70<\/td>\n80.34<\/td>\n<\/tr>\n
Support 2<\/td>\n1870.17<\/td>\n3576.50<\/td>\n16415<\/td>\n1161.10<\/td>\n80.07<\/td>\n<\/tr>\n
Support 3<\/td>\n1864.83<\/td>\n3544.00<\/td>\n16379<\/td>\n1150.40<\/td>\n79.90<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nJune Gold<\/a><\/td>\nMay Silver<\/a><\/td>\nMay Crude Oil<\/a><\/td>\nJune Bonds\u00a0<\/a><\/td>\nJune Euro<\/a><\/td>\n<\/tr>\n
Resistance 3<\/td>\n1305.7<\/td>\n2046.7<\/td>\n102.26<\/td>\n132 31\/32<\/td>\n1.3898<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1299.9<\/td>\n2027.3<\/td>\n101.37<\/td>\n132 21\/32<\/td>\n1.3853<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1293.4<\/td>\n2004.7<\/td>\n100.86<\/td>\n132 14\/32<\/td>\n1.3786<\/td>\n<\/tr>\n
Pivot<\/td>\n1287.6<\/td>\n1985.3<\/td>\n99.97<\/td>\n132\u00a0\u00a04\/32<\/td>\n1.3741<\/td>\n<\/tr>\n
Support 1<\/td>\n1281.1<\/td>\n1962.7<\/td>\n99.46<\/td>\n131 29\/32<\/td>\n1.3674<\/td>\n<\/tr>\n
Support 2<\/td>\n1275.3<\/td>\n1943.3<\/td>\n98.57<\/td>\n131 19\/32<\/td>\n1.3629<\/td>\n<\/tr>\n
Support 3<\/td>\n1268.8<\/td>\n1920.7<\/td>\n98.06<\/td>\n131 12\/32<\/td>\n1.3562<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nMay Corn<\/a><\/td>\nMay Wheat<\/a><\/td>\nMay Beans<\/a><\/td>\nMay SoyMeal<\/a><\/td>\nMay bean Oil<\/a><\/td>\n<\/tr>\n
Resistance 3<\/td>\n508.6<\/td>\n676.7<\/td>\n1499.00<\/td>\n495.57<\/td>\n42.10<\/td>\n<\/tr>\n
Resistance 2<\/td>\n504.7<\/td>\n676.3<\/td>\n1487.75<\/td>\n489.83<\/td>\n41.88<\/td>\n<\/tr>\n
Resistance 1<\/td>\n502.3<\/td>\n676.2<\/td>\n1481.50<\/td>\n484.97<\/td>\n41.78<\/td>\n<\/tr>\n
Pivot<\/td>\n498.4<\/td>\n675.8<\/td>\n1470.25<\/td>\n479.23<\/td>\n41.56<\/td>\n<\/tr>\n
Support 1<\/td>\n496.1<\/td>\n675.7<\/td>\n1464.0<\/td>\n474.4<\/td>\n41.5<\/td>\n<\/tr>\n
Support 2<\/td>\n492.2<\/td>\n675.3<\/td>\n1452.75<\/td>\n468.63<\/td>\n41.24<\/td>\n<\/tr>\n
Support 3<\/td>\n489.8<\/td>\n675.2<\/td>\n1446.50<\/td>\n463.77<\/td>\n41.14<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
<\/div>\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
Date<\/th>\n4:21pm<\/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
FriApr 4<\/td>\n<\/a>\u00a02:00am<\/td>\nEUR<\/td>\n<\/td>\nGerman Factory Orders m\/m<\/td>\n<\/td>\n<\/td>\n0.5%<\/td>\n1.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:10am<\/td>\nEUR<\/td>\n<\/td>\nRetail PMI<\/td>\n<\/td>\n<\/td>\n<\/td>\n48.5<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nNon-Farm Employment Change<\/td>\n<\/td>\n<\/td>\n199K<\/td>\n175K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nUnemployment Rate<\/td>\n<\/td>\n<\/td>\n6.6%<\/td>\n6.7%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nAverage Hourly Earnings m\/m<\/td>\n<\/td>\n<\/td>\n0.2%<\/td>\n0.4%<\/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 here in 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>\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\u00a0Friday April […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,30,61],"tags":[27,210,217,219,218],"class_list":["post-6704","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-futures-broker-2","category-futures-trading-2","tag-futures-brokers","tag-futures-trading-guide","tag-futures-trading-rules","tag-online-futures-trading-guide","tag-top-50-futures-trading-rules"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/6704","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=6704"}],"version-history":[{"count":4,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/6704\/revisions"}],"predecessor-version":[{"id":6706,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/6704\/revisions\/6706"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=6704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=6704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=6704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}